The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1903-09-09
The Tennessee, Georgia and South Carolina
Railway.

hehWoy'
w. B. Frnk, president of the pro-
posed Tennessee, Georgia and South
Carolina Railroad Company, and Mer-
rilI Skinner, one Of the directors of the
berof Commerce last Wednesday after
noon to make proposition to the bus
mess men CT the city iii regard to the
building of the road. 1t will be re-
membered that charter was secured
for this line about year ago. The
survey from Chattanooga to Anderson
was made during last summer. 1t was
stated by these gentlemen when they
were in the city ut the time tho survey
was completed, that they would at
once proceed to secure rights of way
and that the construction of tho road
would soon be commenced. Little
was heard of the scheme after that,
and it WAS popularity supposed that the
project had fallen through.
Messrs. Frink and Skinner, however,
came back to the city on Wednesday
and had President Brown to call n
meeting OF the Chamber of Commerce
in order to enable them to lay their
proposition before the business men OF
Anderson. They stated that they and
their associates have made satisfactory
progress in perfccting arrangements to
made and most of the rights of way Sc
cured.
Nj. F'rink, in his talk at the injecting,
said that. in order to float the bonds
for building the road, il would bc
necessary for the towns along the line
to issue $500, ,0GO in bonds. The OH lrct
of this was to show the faith OF the
people in the enterprise. lie wanted
Anderson to take $4,000 in bonds. with
the provision that the money should
be payable when the railroad liz com
plc!cd and in active operation between
Chattanooga and Anderson. lie said
that lust as soon IA the 100000 worth
of bonds was subscribed by tho towns
along the line, the remainder of tho
the work of building the rc;--> 80 ld
commence without delay: 1t WAS tho
intention of the railroad authorities.
he said, to have the road in operation
by the first Of January, 1908.
Hon, George T.. Prince made brief
talk and offered the following resolu-
zion. wirich was unanimously adopted:
4iers'tl, s. G.. having heard from Mess.
w. h. FTink, president, and Merrill
ski ner, one of the directors. of the
r.. ,-ssea. Georgia and South Carroll
1... I.ailroad, projected to be built from
Chattanooga, Tenn. to Anderson. s.
c., of their plans and prospects for
tho construction Of said road; and be-
ing assured by them of the necessity of
local aid along the route to insure the
confirmation Of their plans, and sub
ecription of fifty thousand dollars con
ditiOned upon the completion of the
road within two years from the date of
the election in the city of Anderson
authorizing the Issue Of bonds for this
purpose being asked for from the city
of Anderson:
"Be it therefore resolved by the
Chamber of Commerce of the City of
Anderson, That it has heard with great
est satisfaction of the hope entertained
by these gentlemen of building this
road, and as an evidence of our sense
of the importance of this enterprise to
our city, we earnestly, pledge ourselves
honest and reasonable effort to bring
about at the earliest practicable date
an election by the citizens Of the city
of Anderson upon the question of sub
scribing the said sum of fifty thousand
dollars (S50,000. .O0) in municipal cou-
pom bonds in aid OF said railroad, pro-
vided that such subscription ehall be
pletion Of said road from Chattanooga,
Tenn, to the city of Anderson, s. C.,
within two years from the date of tho
election to be held on the question of
issuing said bonds in aid Of said rail
road-that is tO say in case said rail
sroad is not finished to the city Of An
derson within the time specified the
Ii ered to said railroad company. And
that said city Of Anderson shall be CD
titled to receive capital stock or the
said railroad company to the amount
of said bonds. And that we as indi-
yidual members Of tho Chamber of
Commerce of the city of Anderson do
hereby further pledge ourselves to nse
success of said election, that is, q re-
suit il favor 0f such s1hHaaooTT;; s1hHaaooTT;; pptti;00I." pptti;00I"
A committee was appointed to pre-
aent the matter to the city council and
urge that body to take some pction.
The council met in special session
Wednesday night to hear what ths
present. The council adopted o reso-
iution like that of the Chamber of
Commerce. endorsing the issue of $780,
600 worth of bonds, conditioned. how
ever, on the completion and operation
of the road within two years from the
date of election on the bond issue. A
on the question Of issuing bonde is be-
ing circulated this week and an elec-
tion will be ordered when the sigma
lures of the majority Of the free hold
.ers are secured.
It is estimated that the annual saw
,ing in freight rates alone would amount
to more than $50,O00, the amount of
the proposed bond Issue. The PROPOSE
hOn that these ge1Llemen have made is
Q reasonable one, and with the pr0vis-
ion already referred to, che city could
not possibly lose anything.
Card OF Thanks.
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