The new dominion. [volume] (Morgantown, W. Va.) 1876-1904, 1902-12-31
COMING SURE.
Railroad Being Built up the
River to State Line.

All Speculation as to the Fact Has
Now Been Ended by Official Declare
ton Where it Goes After 1t Reach
es the state Line is not Given out.
All speculation as to whether or not
the Joint railroad to be built south
of Brownsville by the Pittsburg, Vir-
GINA & Charleston and Plttsburg d.
Lake Erie railroads will go clear
through to the State line has been
set at rest. One of the largest mort
cages ever recorded IN this county
settles the question IL was given
by the Monopgahela Railroad Co.
to the Commercial Trust Co. of
PHILADELPHIA, trustees, and involves
consideration of 81 100000. The
mortgage is to secure au issue of
bonds, and is given on all the Mon
ongahela Railroad Co.'S line con
strueted or to be constructed from a
connection with the roads forming
this line to the dividing line between
Pennsylvania and West Virginia,
saws the ConneIlsville Courier.
The paper filed sets forth tina at
a meeting of the directors OF the
railroad company held on May SIN,
1902, it was decided necessary in
order to accomplish, carry on aud
enlarge the business Of the compa
ny, to Issue bonds, secured by mort
cages on the railroad property. The
proper officers we're then authorized
to make and deliver to the CONNER
cial Trust Co, trustee, a mortgage
bearing date of Oct /, 1902. to Sc
cure an issue of 800 bonds for 81,
900 each, payable IN 40 years from
date and to bear interest at the rate
OF 81 per cent. A form of the bond
and mortgage is then given.
The mortgage is given on all the
railroad of the Monongahela compa-
ny now constructed or in course of
construction or to be constructed
extending from a point of connec-
ton with the lines of the Pittsburg
Virginia and Charleston and the
Pittsburg, McKeesport & Yodghio-
gheny railroads. thence sou Inward
along the east bank of the Monon-
gahela river to the dividing line be
tween Pennsylvania and West Vir
ginia, a distance of about 81 miles.
1t also includes the Middle Run
branch, which now. runs up to Lam
bert, the Mosel Run branch to
E1enborn, and the Cats Run
branch to the Bessemer coke works.
All the branches, extensions, sidings
land and rights of way, bridges
rolling stock, stations. etc, are in
cluded, The railroad and equip
ments are all to be kept in good
condition, according to the terms of
the mortgage.
Grading on the joint lire from Gates
several miles down the river is par
TALLY completed. but from East Riv-
erside to Brownsville little has been
done. The road will pass along the
Fayette county side of the river all
the way and bring into market
thousands of acres of undeveloped
coal land. 1t will also afford an out
let for the Greene County coal, and
those fortunate enough to have
tract fronting on the river will real
ize big thing from their invest
ment.
Where it goes after it reaches the
- ;c fol hut
mains only one thing that it can DO.
1t will have to come to Morgantown or
stop there. A charter was granted some
time ago to the State Line railroad
running from point at or near Nor
gantown to the state line. The pro-
files of this road have been filed in the
County Clerks Office. 1t may be that
the road is to consolidate with the one
coming up the river. No matter what
road comes here we shall benefit from
it
Another interesting bit of news is
contained in the following:
Col. John Il. McGraw of Grafton,
who heads the movement for the con-
struction of the Rowlesburg and Par
sons and the Monongaheia and Green
brier railroads, states th At the rights
of way have been scared and the
roads will be built. He admits that
the Dry Fork railroad has been pur-
chased as part of the plan. 1t is
stated that Col James NJ. Guffey, Of
Pttsburg, Pa, is the real power be-
hind the road now building up the
Clover Run section from Parsons, the
| Harpe; tract, and into Barbour county
and that he is operating against the
Baltimore and Ohio railroad.
Rights of way for the Wabash
through Washington county have all
been secured Most Of those ir
Greene county have also been gotten
The rest will be obtained without
much trouble The road runs into
Uniontown and then at the river il
branches and one branch comes this
way. The Uuiontown branch will
stop at Uni0ntown The other on,
will run on into the state tn juno
ton with the other parts OF TIE sys
TEN already secured. 1t comes past
| Morgantowu