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Letter from W. G. Elliott to Henry Clark Bridgers

Date: May. 24 1899 | Identifier: 558.1.a
A letter from Wilmington and Weldon Rail Road Company President W. G. Elliott at Wilmington, N.C., to East Carolina Railway President Henry Clark Bridgers at Tarboro, N.C., stating what guarantees the company will provide as the new owner of the East Carolina Railway by the purchase of its capital stock. This is one of three letters Elliott wrote that day spelling out the agreement between the two companies. more...
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May 24th.,1899.

Henry Clark Bridgers, Esq.,

President of the East Carolina Railway,

Tarboro, N.C.,

Dear Sir:-

The Wilmington and Weldon Rail Road Company having become the owner, by purchase, of the Capital Stock of the

formance by that Company of the contract made with you for the

operation and maintenance of the road, bearing date the 23rd.

day of May, 1899, and doth further agree that it will make

rates with the East Carolina Railway as with other connections,

and that it will accept all forect products from said road for

transportation over its line and connections at one cent less

than the present rate from Tarboro, as its proportion of the

rate, and that upon merchandise and other products it will

give the East Carolina Railway a constructive mileage of fifty

miles and will prorate with it.



Yours truly,
President.



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