Fremont weekly freeman. [volume] (Fremont, Sandusky County, Ohio) 1850-1853, 1851-03-29

| !
to the capital stock of the Toledo, Norwalk
and Cleveland Rail Road Company. Whe-
ther Sandusky county viii have the benefit Of
an Eastern and Western Rail Road or not, in
all probability, depends upon the result of that
vote. Let no one be deceived with the idea
Mat the road will be built without the aid Of
Sandusky county. Every citizen undoubted-
ly desires to vote understandingly and for the
best interests of the people ofthe county. Let
us see then how the facts stand.
There is about $es.ooo in stock taken at
this place, and west oft, including the $780,
900 subscribed at the city of Toledo, every
dollar of which is pledged to the contractors
on the Western division of the road.
There is now $9S,oco subscribed in Huron
county, and about $4,000 at Oberlin, making
in all already obtained 100000. But the
stock subscribed in Huron county and east Of
| ii, was subscribed under the expectation that
it would be expended on the Eastern end of
the line, and it will be required there with the
$4,000 to be voted at the April election,
East of Sandusky county, to prepare that end
of the road for the Iron. This leaves the val
ley of the Sandusky, and the crossing of the
Sandusky river. to be provided for And if
the Road is under prudent management, the
means will be procured before the contracts
are let No more means can be raised in this
county by private subscriptions, and money
cannot be borrowed abroad on individual Sc
curities, but can be on the credit of the coun-
ties.
All that is asked of Sandusky county is to
subscribe $4,000 to the stock of the Com
pany, and issue therefor the bonds of the
county payable in ten or twenty years. and
pay the interest thereon two years only, until
the road is got into operation. Then the COM
pany have agreed to take the stock and as
sumo the payment of the Bonds of the county.
The taxable property upon the duplicate for
this year, is about $2,35o,o00 One mill and
half on the dollar will pay the interest on
the $4,000. This is asked for only two years,
and is only about as much as We pay yearly
for road tax. And the taxable property of the
county will be greatly increased in conse-
quence of building the road, and will decrease
not only this tax, but all other county taxes
so that in few years the rate Of all the taxes
will be less then it would be without the road.
To secure the performance of this agreement
on the part of the company, the county have
the whole of the stock already subscribed
$20o,ooa,) and will have the further sum
voted as a pledge for the redemption of the
bonds, and no dividends could be made tQ
the stockholders while any portion of the prinN
cipal and interest of the bonds remain unpaid
In addition to this, number ofthe wealthiest
men of the county have pledged their OWE
responsibility to that of the company, which
makes the security to the county unquestion-
able.
I This puts the case to the voters in an entire
lily different light from what it was before. i
! is simply loan of the credit of the county Il
the Company to enable the company to con
struct the road, and mourning an obligation
to pay the interest two years With this aiC
the road will be completed as soon as the worl
can be done, and as the commissioners after
full investigation, have certified that IN thei
opinion the county would be safe in lending
the credit, it ought to remove all objection
and satisfy the people. The certificate ofth
Commissioners will be found below.
No one doubts but the stock will be goot
f when the road is completed, and the county
will have the option to keep the stock. or com
pei the company to take it under their agree
ment The advantage is all on the side eff tht
county. The expenditure of some $200,0o(
within the limits of the county during tht
building of the road, will benefit the people
great deal more than all the taxes they vii
ever have to pay on account of the subscrip
ton. This money will be paid out for labor
materials, produce, &c, and will benefit al
classes of community more or less, but NOR
particularly farmers and laborers. It vii
bring large increase of population and capi
; tai into the county, and open new sources o
business and enterprise, the extent OF whicl
is not generally appreciated. Our county vii
! no longer be behind all others in Improvement
Every body will seem to have inspired neI
life and energy.
= Why should Sandusky county hold back
} whilst all around, everybody else, is straIninI
every nerve to secure to themselves the ad
vantages which we have within our reach 2
Toledo has voted and subscribed $4,000 t
! this Road. Crawford, Wyandot, Delaware
Hancock, Champaign and other counties to
numerous to mention have voted their hun
dreds of thousands to Roads running through
their respective counties. Cincinnati millio
of dollars. Sandusky City has voted 81 80
900 and is striving to push a road North of
through Ottawa county, and is using ever
means to defeat our Road. Every artific
will be used to induce the people OF Sandusk
county to vote against their own interests, be
, cause, if our road is built, that cannot be, g
least for many years to come. If our Roa
u now fails for the want of the aid asked fo
J, the people of Sandusky county need never eA
Y Ipect to have an Eastern & Western Roa
: through their county. Let every one bear
mind therefore, before he votes, that this
the last throw of the die! That his vote ma
J. decide the question, so far as Sandusky oour
: ty is concerned, of Rail Road,or no Rail Roa
for our dav at least. But we have no dout
that when the people properly understand tn