The Republican. [volume] (Oakland, Md.) 1877-current, 1910-02-17
mt GRY NOW IS
ON TO P|TTSBURG
Western Maryland Seeks the Power
to Extend Its Line.

to Annapolis Thursday by Mr..
George r. Gather and Mr.. Wins
law S. Pierce and put in charge
of Mr.. Girdwood. 1t will be en-
crossed and introduced today.
The bill is designed to enable the
Western Maryland railroad to
finance the extension from Cum
berland to Connellsville, where it
will connect with the Vanderbilt
system and enter Pittsburg.
The bill, in brief, is to author
ize the Western Maryland COM
pany TO sell its unissued stock at
the the market price, which is
now about $50 a share. 1t is also
authorized by the bill to aid the
construction of any railroad with
in or outside the State if the same
when constructed shall either di-
rectIy or through an intervening
line connect with or form a con-
tinuous line with the Western
Maryland road.
The proposed Pittsburg extern
sion cannot be constructed under
the charter of the Western Mary
land company. Two new char
tiers will be obtained under gen
eral laws-one for a road from
Cumberland, or rather from the
connection of the Georges Creek
road, near Cumberland, to Mason
and Dixon 5 line, and another I'M
der the Pennsylvania laws to con-
struCt from the Maryland line to
New Haven, Pa, a town adjacent
to Connellsville. The Western
Maryland company owns the
Georges Creek road and uses its
tracks through the Narrows to a
point several miles northwest Of
Cumberland.
This proposed construction will
make a line from Baltimore to
Pittsburg sos miles IN length,
considerably shorter than either
the Pennsylvania or the B. & O.
The right of way has been ac-
quired, preliminary surveys have
been made, and it is expected that
the work of construction will pro-
coed rapidly. 1t is also expected
that the road will be in running
order within two years from the
time construction begins. The
distance from Cumberland to New
Haven is SO miles, and the esti-
mated cost for a single-track road
is S., 900, 900. But it is expected
that not less than $40, 900, 900 will
be actually spent All the bridges
and tunnels will be made for a
double track, and a double track
will be laid from Cumberland past
Savage mountain.
The authorized capital stock of
the Western Maryland company is
500 900, 900, of which $40, 900, 900
is preferred. OF the $4,000, 900
common stock some $4,000 900
IS outstanding and more than
$50, 900, 900 is in the treasury of
the company. 1t is this latter
that is to be sold and the money
used to subscribe to the stock of
the two companies that are to
build the line to Connellsville.
Then the stock of those two COM
panies will go into the treasury Of
the Western Maryland company.
Under existing law a sale of the
stock for less than par might make
the purchasers liable lor the debts
of the company TO the extent of
the difference between the amount
they pay for it and the face value.
To avoid this is one object of the
bill.
The construction of this pro-
posed connecting link will be of
enormous value to Western Mary
land. 1t will realize the hopes and
expectations of the people at the
time the road was sold to the Full
Ter syndicate. 1t will bring to
Baltimore traffic of the Middle
West and the Lake region now
controlled by the Vanderbilt Wes-
tern system and perhaps from the
Wabash as we'll. 1t will require
the construction of additional ter
minals at Baltimore and will great
Iy enlarge the commerce of the
port.
II =. A. .oo.aA:.. 80 .--