Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1848-07-13
indianapolis and BeIIefOntain Rail-
road.


The stockholders met at Muncie on the first in
slant, and elected Jeremiah Smith, William NJ WAY,
David Heaston, and Peter s. Miller of the county of
Randolph, Samuel P. Anthony. James L. Russey,
David Kilgore, and James Truit, of the county of
Delaware, Allen Makepeace, William Sparks, Robert
N. Williams, and James Gray of the county of Mad
ison. Thomas r. Noel, of the county of Hamilton,
and Robert R. Underhil and Oliver H. Smith, of the
county of Marion directors, to serve for one year.
The directors unanimously elected Oliver H. Smith
President, John H. Cook Secretary, A. W. Morris
Treasurer, and Thomas A. Morris Engineer The
salary of the President fixed at 81 0OO that of
the Engineer at $780, Secretary 5000, and Trea-
$780, The Offices of the company are to be kept
at Indianapolis; the annual election ia to be held at
Anderson; the Board will meet at Indianapolis ON
the first Tuesday in the months of September, De-
cember, March, and June; and the Executive Com
mittee will meet the second Tuesday in each
month, at indianapolis. Jeremiah Smith of Ran
dolph, Samuel P. Anthony of Delaware Robert N.
Williams of Madison, Thomas r. Noel of Hamilton.
and Robert R. Underhill of Marion, compose the
Executive Committee for the current year.
The road is divided into three sections for purposes
of construction. The first from Indianapolis to Pen
dleton; the second from Pendleton to Muncie; the
third from Muncie to the Ohio line. The Board re-
solved to locate the whole line without delay and to
put the first section under contract The Secretary
and each Director authorized take stock sub
scriptions
Mr.. Smith, on being elected President of the COM
pany, said:
While | thank you, gentlemen, for this evidence
of your confidence and regard, due to the occa-
sion that should say that have neither sought nor
desired The office to which have been elected. Many
of you know the deep interest feel in the success of
this great enterprise as my views have been freely
expressed on all occasions; and happy 10 say 10
you that public opinion at home and abroad most
fully sustans the praccabllity, utility, and great
Importance OF the work, and its construction is no
longer doubtful; as evidence of which, one-half
the stock required has already been taken. Still
had not until very recently, brought my mind TO
sent in any event to accept the Office if rendered
The heavy professional sacrifice it would require
seemed TO forbid my acceptance and nothing but
belief that may be able render some aid al this
time to the company in its organization and in plac
ing It's policy on safe and substantial basis could
induce me to accept the Office for single year; and
| wish now TO say that | must be permitted TO con-
time my practice in The courts at Indianapolis and
to close my old cases the circuit With this un-
Outstanding will accept the office, and upon
the discharge of its duties with firm conviction that
if the stockholders shall be punctua and the directory
we small De dDle succeed Win this
enterprise to its final completion in comparatively
short period of time. Let friends on every part
of the line be united in effort. Let our
policy be an active energetic, and economical prose-
cution of the work to final completion, fast our
means shall warrant. without impairing the faith or
credit of the company, making each section useful to
the country and profitable to the stockholders as soon
possible after completion.
This is but link in the great Chain of Rail Roads
from the Atlantic cities east, running through the
centre of this great valley TO the Mississippi, destined
ere long, to be the great horoughfare of business and
travel from the east to the extreme Let our
link be substantially made, it will evidently be
tasked TO its utmost capacity The interests of the
stockholders and the just hopes of the country through
which the line passes, committed to charge,
lei them not be disappointed.
The road from Sandusky to Bellefontaine, over 100
miles, is in full operation. From BellefDntaine to the
Indiana state line the road is in able and active hands
and will be completed | learn, by the time we
reach the Ohio line The link from Indianapolis TO
Terre Haute is also in active and energetic hands
While Illinois is fully aroused to the importance
of completing the last link in this great central work
to the Mississippi The work is worthy IF the age,
and it will be of the most gratifying incidents of
my life, pass this great line from the Atlantic
TO the Mississippi.