The northern galaxy. [volume] (Middlebury, Vt.) 1844-1848, 1845-07-09
ORGANIZATION OF THE CHAM
PLAIN AND CONNECTICUT RIV-
Err RAILROAD COMPANY.

GLAlN AND CONNECIlCUI XIV
: Err RAILROAD COMPANY.
{ Pursuant to the notice Of the Commission
ers of the Champain and Connecticut River
Railroad Company, the stockholders as
sembled at Rutland on the Sd inst, and pro-
ceeded to organize according to the charter.
/ The following Directors were chosen by bal
lot. Timothy Toilet, Burlington; Samuel
Barker, Vergennes; Ira Stewart and Charles
Linsley, Middlebury; John A. Conant. Bran
don; Chester Granger, Pittsford; George T..
Hodges, Rutland; William Henry, Bellows
Falls; Henry n. Fullerton. Cavendish.
The Directors have chosen TIMOTHY Fol-
LET President, GEO. T, HODGES Vice Presi-
dent and Saml. Swift Clerk.
The Company voted to increase the stock
to S2,500,0O0. The stock books having been
transcribed it was ascertained that $500, 400
had already been subscribed Oh the route. 1t
was voted by the Company that the Direc-
tors with such other persons as they might
see fit TO appoint as Agents, should proceed
as eKpeditously as possible to procure the
balance OF stock Of the Company TO be taken
up. Aresolution was passed instructing each
Director to fill up The subscription in his own
neighborhood, and from day to day commu-
cate TO the Clerk the names and amount Of
subscriptions. Messrs. Toilet, Hodges, Lins-
ley and Fullerton, with such Agents as they
might appoint were designated to procure
Foreign Stock.
Judge Toilet having just arrived from Bos-
ton, where for several weeks past he has
beeh engaged in promoting the interests of
the Company, was called upon to state the
prospects ofthe Road in that city. He sta
ted that the purposes of the Fitchburgh Cor
poration, which from its very first organiza-
tion had contemplated the extension of their
Road through Western Vermont to Lake
Champaign had within a few short months been
changed. Indeed, he ascertaned that beyond
a doubt, coalition had been formed equally
treacherous 10 Western Vermont and TO the
interests OF Boston, between the Fitchburgh
and Central corporations to connect theii
Roads at the mouth of White River. Among
the reasons which have been offered 10 the
public virtually by Saml. NJ. FELTON, as an ex-
cuse for the abandonment of the Rutland
route he considered every one as false, the
real one being grasping ambition TO monop-
olize the whole business of Vermont by pro-
ceeding to the mouth of White River in an
ticiparion of the Concord corporation. But
after all, Judge Toilet saw no cause of dis
courgement. He and others who had espous-
ed the cause of the Rutland Route had appeal
ed from the Fitchburgh Directors 10 the cap
itaists and business men of Boston. They
had advocated it to the extent of their abilities
with the zeal, energy and perseverance, well
becoming the vast magnitude Of the interests
depending upon their support. BY fair ex-
bibition OF the superior merits Of our route
they had succeeded to considerable extent
in suspending the current Of public opinion
which has hitherto been setting in favor of
the Central Route. 1t is state Of Temporal
~ allegiance, and he entertained the highest
confidence, that with an early return of the
re-survey now in progress which will show
the most essential improvement in our grades,
and accompanied by subscription Of a mil
lion in stock upon the line we shall end fair
field in Boston for future operations in OBJ
tanning the balance. Judge Toilet upon invi
tation, had proceeded to Nashua where he
had met several gentlemen connected with
the Nashua Road. They had already con-
ceived a project of extending their road TO
reach Connecticut River near Bellows Falls. |
A charter of Road in the route for eleven |
miles TO NARROW had already been granted by
the Legislature Of New Hampshire. The sur
vey of the road had proved it highly favorable.
and it was believed that road through the
whole route could be built with less expense
and upon more easy grades than the Chesh-
ire. The distance to Boston would be six
miles less than by Fitchburgh. An applica-
ton for charter is already in successful pro-
sress through the Legislature of New Hump