The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1907-02-19

The granting oil a CnaTter Dy C2G
state 20 Tie North carolina Terminal
COMPANY, which was done yes rerGay
by che secretary - state. is believed
to be the beginning of a gigantic de-
velopment that will make Wilmington
a great coaling station, this city to De
!he port of sh melt Tor the coal MINES
IN western North Carolina and Tennes7
see. the roads from those fields beng,
almost direct to Wilmington. Further
than this. it is believed that it also
is the inauguration Of a movement that
will result in the building of a railroal
to Southport.
The authorized capital stock of t1e
company is placed at $3.50. 900 and the
objects are stated to be to own ter
Tninals in Wilmington, Charlotte and
other cities. Among the incorporates
are Hon. John D. Bellamy, Mr.. J. s.
Armstrong and William Bellamy, Esq.
Shortly after the incorporation pagers
a been received. the company nlani-l
Tested that it mean business and that,
there will be no delay in the develop
ment of their plans, by Immediately
closing a deal, which has been in con-
temptation for some time, for the pr
chase of valuable property on the
wharf, the site being that now occupied
by the water-land depot Of the Hall 81
Pearsall Co. The property starts at 4
point on the south line of Brunswick
street and runs in a westerly direction
100 feet to the southwest intersection
OF Mutt and Brunswick streets, then
south 264 feet, then west about 23O feet
to the river, following the course or
the river north to Brunswick street,
and then east on Brunswick to the
point Of beginning. The sale means
the transfer of an entire block of wharf
property and the purchase price paid
was sec, 900. The contamination OF the
sale was brought about through the
efforts of Mr.. Clayton Giles Of the
firm of Willard C Giles. and by Mr.
Thos. II. Wright of the real estate firm
of J. G.. Wright & Son.
Although it is impossible to learn
from any source what the purposes Of
the company which is behind the
movement are. it is reported from ::
source that is considered reliable that
either the Seaboard Air Line, or i'll
terests connected with the Seaboard.
are connected with the deal and thai
4A~ -rx~olnc0 re tho nr0nnrfU hQrS 1S
one of the steps necessary in the car
rying out of tina roads plans to give
a direct line from the coal fields to a
deep water port. AS to the names oil
the parties interested, their identity Is
successfully yelled, out it is known Lha;
the Wilmington gentlemen who haV.
figured in the deal are not the parties
directly interested. In fact it is stated
they are in the dark a. much as oat'
siders concerning the purposes ano
plans that are in process OF deve or
.ment.
Adding to the belief that Seaboard n
terests are behind the deal is the fact
hat negotiations which were in prog
-ress were suddenly halted by the recent
$50 OGaIn OIL HTGSIuCut "oAISA 49,
board, and were resumed after the
!. funeral, reaching a elimination yester
,tay in the purchase OF he property.
: The. undertaking is believed to m7ar
great things for this city, the esta6ils:4'
-nment of a .coaling station here having
long, been considered as n of tn
!, certain things that would sooner OF
later occur. and it would seem nc"
that the prospects are bright for it:
establishment, in the near future. Nt
saless.important than the coa!ing station
isS4he other part of the plan. which l.
spelieved,to be. the building of a rail-
.xrosd, from this city to Southport
a.Furtherr developments WI DC a"ai'e'
zazw with great interest ;ao--
a@SF GssIE4-a II,,- sse> r,-r5 ,nHPTFD