Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1848-02-24
For the State Sentinel.
indianapolis and BeiiefOntaine Rail
Rand


A charter has been granted by the Legislature at
the late session for railroad, commencing at Indian
apolls and running north east ria Pendleton, Ander
sontown, Munce and Winchester to the Ohio line,
TO intersect rail road that has been chartered by the
State of Ohio from Beefontaine the central rail
road of Ohio to the Indiana State line.
This road if constructed must be one of-the most
useful roads TO the country we'll profitable to the
stockholders, that has been chartered in the State.
1t passes through the upper White river valley, I'M
surpassed wheat country, and will necessarily
draw 10 itself an immense transporting business while
it will connect central Indiana with the Lake on the
north east, and with Cincinnati at the south west end
of the Ohio rail road, with which it connects, and
will be the direct route from the eastern cities by
the States through Central Indiana, To the south
and west, through the Madison and indianapolis rail
road, Of which it will be IN fact all extension.
The provisions of the charter the interest of the
country through which passes. and the interest of
the Madison and indianapolis rail road company, it
seems TO me ought to insure the speedy commence
ment and completion Of this road.
The charter authorizes the stock TO be taken in
shares of 25 each, by individuals, corporations, and
tile county commissioners of the counties through
which it passes with the assent of the voters to be
subscribed in land, materials. money. labor. 1t
also authorizes the stock already taken in the rail
road from indianapolis TO Pendleon, to be transferr
ed to this company. The charter is n very liberal
and all that the Stockholders could DESIRE and as
the work is Of such vast importance to the country
through which 1t will pass, hope to see the people
ready when the books opened to take the stock,
and insure speedy commencement and completion OF
the work There are one two facts | would name
for the consideration of stockholders, that it seems
to me should induce the stock to be taken at once.
By the provisions of the charter the construction of
the road is to at Indianapolis and is to be
finished in connected sections from that point. This
provision nsures to the stockholders that the stock
will only be called for as it is needed upon the section
under construction, and that each section will be put
to immediate use, and produce income to the COM
pany, an extension of the Madison and Indanapo-
lis rail road, while each section added, will increase
the income in proportion, and the work will be steadily
advancing from depot, depot for the accommodation
Of the county through which 1t passes.
This provision is also Of great Importance to the
Madison and indianapolis rail road company, as by
extending this road that company will in effect be ex-
tending their own road, and draw upon their work
the immense business that must pass south this
road trust that the company will their interest
in this matter, and subscribe literally TO this work.
| The length of this road from Indianapolis to the
Indiana line will be only about eighty miles, and II
will cost less than any other road of the same length
in the United States, it passes unbroken
country, requiring only about halt dozen short
bridges, and very little cutting. embankments, and
the whole line abounds with timber of good quality
for the construction while the quarries at Pcndeton
contain inexhaustible quantities of the best limestone
rock for the bridges.
The capital stock is 81, 100000, which will much
more than complete the work, and stock it, besides
building all the necessary depos for the accommoda-
ton of the company and country. My object mas not
been to state all the advantages of this road but to
draw the attention of the public TO the work, before
the books shall be opened for subscriptions of stock