Belington progressive. [volume] (Belington, W. Va.) 1912-1927, 1913-03-13
BIG BUSINESS FOR BELINCTON
Ten Million Dollar Deal Awaits
Closing OF Belington
Building Plans
B. & N. EXTENSION
WILL Be BUILT

The announcement of the sale OF im-
poriant coal lands in Barbour and Tay-
Tor counties, consunmated it is said upon
the knowledge that the ,Buckhannon &
Nothern railroad is to be constructed
Immediately from Fairmont to Belington
where it will join with the Western
Maryland, is one of the interesting de-
velopments which followed the action of
the recent Legislature in passing bill
perpetuating competition among railroad
companies doing business in the state.
The main object of the bill it is reported
here, was to free the Buckhannon &
Northern Company OF the influence of
the Pennsylvania and B. & o. Companies
and ALLOW it to construct its lines to Bel
ington from Rivesvile the present ter
minai. A meeting, it is said, will soon
be held by officials and attorneys of the
Is. < N. Company and the little Kama
wha Syndicate to consider the effect of
the new law upon the line.
The exact date and place of the meet
ing have not been announced for the
reason that some OF the officials are in
the South and the information cannot be
given out until thew arrive home. Among
the officials are men connected with both
the B. & o. and Pennsylvania companies.
In some quarters it is charged that the
law will prevent the operation OF the
Buckhannon & Northern lin West Vir-
GINA for the reason that the B. & 0.
company, the competing line, will refuge
to sell it's holdings which is quarter of
all the stock OF the syndicate.
Officials of the B. & N. deny such
charges and intimate that the stock held
in the b q N. by the other roads will be
purchased by the New York Central
company before the first of July. This
will mean, it is SAID, that the road will
he pushed into West Virginia and on to
make the connection with the Western
Mary land at Belington. A report from
the same source is that the B. & n from
Pttsburg to Rivesyille will be placed in
operation on May frstof this year.
Acting upon the information which
assures the purchasers Of the construction
of the B. & N. from Rivesville to Beling-
ton, it is said the Morgan interests lave
purchased from Colonel j. M. Guffey. of
Pittsburg, valuable coal lands in Barbour,
Taylor and Preston countries, paying
about 500 an acre for tract of over l00,-
900 acres 1t is understood that the COM
pletion of the deal hinges on the decision
of the officials of the syndicate TO con.
struct the railroad into the field, and
provide seaboard outlet for the coal.
At this terminal of the B. & N. rumor
has been.persistent for several weeks that
the company intends to push the con-
struction Of the road the coming building
season. Engineering corps have been
running the routes while attorneys for
the company have been busy in Wash
ington having Congress grant the neces-
sary permission to bridge the Mononga-
hela River at Montana The rumor has
it that the company has the necessary
fund for considerable construction and is
simply waiting for the new law to get in
operation and to force out the OPPOSITION
that is being made by the older company
in the field.