The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-04-23
THE WORK GOES ON
Sea-Coast Railroad Takes
Another Stride.
More Subscriptions Announced Yesterday. 4
Committee to Canvass the City. Words
Of announcement.

The adjourned meeting of citizens in
the interest of the proposed railroad
from Raleigh to Washington, N. c.. was
held yesterday evening at six O'Clock in
the Mayors office. After several add
tional subscriptions of $1,000 each were
received, it was decided to appoint a
the city with the object of raising the
remaining sum necessary to make up
$4,000. The amount subscribed at the
last meeting was $21 200. Accordingly,
with what was pledged yesterday, the
amount still to be collected is something
like $4,000
Chairman Jas. H. Pou opened the meet
ing yesterday evening by briefly stating
the situation. 1t was proposed he said,
to get enough help from Wilson, Green
vile and Washington to make possible
the issuing of bonds for the construc-
ton of the road. The bondholders were
to have the first lien upon the property.
and the subscribers to the first 500 900
would be the preferred stockholders.
Judge James E. Shepherd, formerly of
something. He responded by saying that
he was much interested in the move
ment and would do all he could to fur
tEer 1t. He was satisfied he said that
the people of Washington would be much
benefited by the road, and he felt sure
they would do their part He knew the
people of Wilson would likewise contrib
ute their share if Raleigh would do her
oapf
his next visit to Washing @n, and added
that he might be counted upon as a sub
scriber.
Mr.. Ed. Chambers Smith said that some
years ago Judge Fuller, in a conversa-
ton with him, had taken the map and
pointed out this very route as the best in
the State for 6. new railroad. This had
led him to study up the matter and he
had seen that it was so. Il am ready. e"
said Mr.. Smith, ito subscribe 81 900 now
MIR. Smith then went on to make a Wig
orouS appeal to the business men of the
city to pun all together and with a will.
Il think, said he, that the building of
this road will be the greatest enterprise
ever started in Raleigh
1t was announced that Mr. B. S. Jer-
man, cashier Of the Commercial and
Farmers Bank, had subscribed for 81 600.
Mr.. c. B. Barbee then moved that a
committee be appointed to canvass the
city, in order 10 raise the sum necessary
to make up Raleigh's. quota of 800 00G.
This motion prevailed. ....
Capt J. NJ. Turner read a letter from
a prominent citizen of Wilson, stating
that the people OF Stantonsburg were ar
ranging to build a railroad from that
place to Wilson, a distance of twelve
miles. The letter went on to say that
the people of Wilson were ready to do
their part in the building of {, through
line, for thereby they would get Just what
they, as we'll as the people of Raleigh,
want, the direct route to the sea and
consequent reduction in rates.
Speaking of the question of rates, Capt.
Turner said that fish caught on our coast
are now sent to Richmond and then
brought here. Much more cotton, too,
could be shipped by way of Raleigh with
this road The rates to Goldsboro and
New Bern now are less than to Raleigh,
because they are near q waterproof. Ii
the Imperial Tobacco Company should
come here, as it doubtless will, Raleigh
ought to be a tremendous tobacco mar
kct. and might even ship tobacco direct
to European ports.
Mr.. John A. Mills. president of the Raj
eigh and Cape Fear Railroad, was present
and was called upon for some remarks.
Il am in sympathy" said he, with the
movement, and from the prospectus | do
not see how it can be other than a
good thing. From what | know of the
country through which the road will pass,
and l have studied it carefully, l do not
think any of us would make mistake
in subscribing to the stock of the road
All that is needed is the energy and de-
termination. and I think you will come
out all right"