The Big Stone Gap post. [volume] (Big Stone Gap, Wise County, Va.) 1892-1928, 1902-07-03
0. r. c. RAILWAY
Purchased by tho George L.
Carter Company.

Carter Company.
The Bristol Nsics Of last Thursday
contains the following. which is Of
intcfes, 60 many Of our readers.
Nj George l.. Carter. OF this city.
now controls the Ohio River and
Charleston Railway. Sometime ago
a new company was organized IN this
territory and under the laws Of the
state of North Carolina and has since
been known as the South and West
crn Railway Company Nj Carter
wa. then made and still Is the presi-
dent aud leading power In the new
organization On yesterday mora
ing the stockholders of tho Ohio
River and Charleston Railway Com.
pauy held q meeting in Che Jaw office
OF kirkpatrick Williams. and Bow
man ia johnson City. Tenn. The
meeting was called 90 order 90 N
O'Clock Tho meeting WAS held for
the purpose oi approving or di-ap-
proving "a sale and conveyance off al
the properties and franchises ~ the
40. R & g.. Company to thc South
and Western Company. and for the
purpose of taking -uch further steps
rs might hc necessary Co The con-
summation of such sale lf approved.
10 Is NOT known definitely all that
was done az this meeting. but il is
now q known Tact, and thc Nf-.
gives the information from abe most
reliable .urce. that resolutions were
passed approving the sale snd c4u.
vcyance of 400 o. r. a. g.. property
franchises Gu the South and Western
Railway Company
The above meeting vs. called and
presided over hy Samuel Huri. rtc-i-
dent of the % r. e. g..
on yesterday afternoon another
important meeting was held in the
ST. Lawrence hotel iu this city. This
was a meeting oi thc stockholders OF
the South aud Western Railway
Company
Tins meeting WAS called ani pia.
sided over hy George J.. Carter presi-
dent of thc new company Thi. meet
ing Us, bella iof thc following pur-
poses.
lll Tho passing upon the matter
of approving o. purchase ali aclui-
siuou by che company ot all the
property and franchise, 90 iho Ohio
River Is Charleston Railway Com.
psuy l2l The authorization oi o
mortgage by abe company uYon Boa,
property ami franchises so acquired
fgam ihe Ohio River & Charleston
Railway Company securing o. series
oi bonds u@gErcrating 5000. 600 au B
the disposition thereof ana t3l che
passing upon che purchase ani acqul-
siilou hy the company ODD zoe property
aud franchises of the South 81 Nes.
tern Railway Company. and l4) the
uklug of steps necessary of proper
Go said ends.
The Bristol meeting wac 90 course.
al>o Of a solvent nature. ani al chat
was done 600 she meeting is not
known one fact. however. IS known
aud thar Is that thc stockholders ol
the South a. Western Railway Com.
pauy passed resolutions approving
;he purchase aud acquisition hv che
company Of an the properties aud
franchises Of thc Ohio River e. Char
lesion Road.
Papers were exchanged between
the two companies which win place
Mr. Garter, who is president II the
purchasing company. la loll control
81 both the important companies
named above. just Whist the iaten.
tion Of the new company is We are
unable % state Jest now bat may Zee
able % give the lai. facts 90 she read
err oi The Nsr, AZ an early date. The
%. Il a g. Is still under construction
and when completed viii penetrate
the mountains O, North Carolina
touching the Atlantic coast behind
We have a theory Of a beautiful sweep
through the Appalachian Range Of
mountains connecting the Ohio Val
10y and the Atlantic seaboard hv
direct route bat will hold theories Cor
farther developments
OnDfNAan.g the writer Of An an.nV.