The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1910-06-29

REORlIl|I'!.i!.IIS ! ! !!
/. \
Nee ing Held
III This ity
est

Line and southern ilaIlfoad Company
held IN this city Yesterday afternoon
This was the first NEE ting of the com.
pany since it has becnj chartered aud
an organization was effected by the
election. OF the following officers:
Joseph Wood Rittsbarg, president;
Samuel b. Brady, ParkersbuTg. Ylte
president and chief engineer, Charles
itt9rfis iFahsrlont setret r; w. S.
Meredith, Fairmonts attorney In fact
The company was recently charter,
ed under the laws Of West Virginia
for the purpose OF bfllliRg q railroad
from Riyersyiile to the Pennsylvania
State.llne there to connect with the
Pittsburg and Lake Erie railroad
which Is making an extension Of thei'
line through a subsidiary company re.
Gently chartered at Harrisburg under
the laws OF PennsylYdlia. The caarter
Of the local company wis admitted to
record In the count yclerk's officer
here yesterday Afternoon.
The line to be built. by the local
company, which will have It's chief
Offices in this city in the Jacobs build.
ing. is enghteen miles long. All Of the
rights OF, way that can be purchased
without Invoking the aid of the, courts
have been purchased and the property
owners have received their money for
the rights Of way sold. A few people
that really do not understand the
benefit that the road Will be, to them
are trying 20 get higher prices for
their land than the company Is will.
ing to give them. These properties
will De condemned and the price that
the commissioners place npon4 the
property the company Will Willingly
pay. AT the meeting yesterday suryeys
Of the properties to be- condemned
were ordered to betmAde and as som
as these surveys are made and the
properties are plated the company
will ask the csnrt to appoint COM
mission to pass upon the values of the
prOpe.tes ind the yalles will in de.
termlned by a jury through condemns.
tion proceedings.
All Of the estimates for the con.
structlon Of the road nave been made
and the final surye for the road has
been completed. The work Of construc
ton viii begin iast as soon as matters
shape Themselves 50 that there may
be no hitch in progress after once tic
work has begun. Vice President Brady
says that he sees no reason why con.
struction work should not begin this
summer.
The object in building the road Is to
develop one OF the largest and richs
est coal fields in West Virginia. The
extent Of this field Is so great that
careful consideration had to be given
80 that The immense tonnage coul' be
marketed to the best advantage. THIS
problem. has been solved to the salts
faction Of all concerned and II will
rot be long until there will be groat
developments In this Reld through tht
road that will be built.
While the road viii be built from
Riversvlle 1t will enter Fairmunt by
coming over the lines of the Baltli
more and Ohio. Tho Pittsburg and
Lake Erie Railroad Company and the
Pennsylvania Railroad Company whc
will assist the Baltimore and Ohio
railroad company in building the road
have a contract with the Baltimore a
Ot1io Railroad Company to enter this
city over the latter company's s tracks
The building Of this line will mean
much for the Mononglhela Valley. It's
development by two railroads will 90
forward by Ieaps and bounds and its
comRerciat prestige will be strength
enel in every channel. Every branch
OF Industrial activity will bL stimulot.
There Is nothing that will help The
Mnnonguhela Valley more than an,
other railroad. F