Eastern times. [volume] (Bath, Me.) 1846-1857, 1851-05-08
Railroad Lease.

The meeting of the stockholders Of the
Kennebec and Portland Railroad at Gardiner
on Tuesday last, for the purpose OF consd-
ering the proposition of,uking lease Of the
contenplatedrailroad from Augusta 10 Show
hogan, was fully attended. The proposition
amour o this:-The Kennebec aud Port
land to take lease of The Somersel road for
twenty years. paving six per cent. interest OH
the cost of the road. and the sum not to ex-
coed 100000. The number Of votes cast
on the question, was l405, all of which, ex-
cepting 80 by one individual from Topsliam
were in the affirmative. Number of shares
represented, 2l2l. Stockholders owning
over $4,000 in shares, are allowed TO cast but
so votes.
The best spirit prevailed; and the nearly
unanimous vote shows that the measure was
considered of great importance, as it really
is, 10 the Kennebec ard Portland road, and
the towns on the river. II is very favorable
for the Somerset road, and we have no doubt
that under ITS influence the subscriptions to
the sock will be liberal, and the road COM
pleed at an early day. ..,-....
Speeches were made by Hon. Ruel VIII
liams, Hon. James w. Bradbury, and Judge
Weston of Augusta, Friend Lang of VassaI-
boro', Jos. McK1en, Esq, of Brunswick, and
Hon. R. H. Gardiner Of Gardiner. These
gentlemen are all entitled TO the warmest
thanks of Kennebeckers for their indefatiga-
BILE exerlons to bring about the success aud
consummalion Of the railroad enterprises in
which the community on this river are lnler.
esIed, and with which their prosperity Is
identified Senator Bradbury's speech, in
particular. wo hear spoken of with much
commentator, as being precise aud TO the
point, and having great Influence upon the
Stockholders We recollect hearing a speech
from him at the Court House in Augusta
when efforts were being made by The cIti.
Zens TO increase the subscription to the Ken.
nebec and Portland road in Augusta to 500
000 That was a speech that went home
and told with exciting effect. He has prov
ed himself a true friend, in the matter of rail
roads as well as in other respects, TO the III
terests of Kennebec valley.
After the adjournment of the meeting IL
Gardiner, the Executive CommItree Of The
Somerset and Kennebec road held meeting
and appointed VIM. Conner. Joseph Eaton
Ebenr FRYE, Chas Coffin, and James b. Das
comb, a committee to employ competen
Engineer to survey the different routes from
Augusta 10 Skowhegan, to make plans, es
Inmates, and agreements for laYd damages
They appointed other committees found nee
essary for the energetic and speedy accom-
pllsIImen of the enterprise. THIS commit
lee has also gwen public notice that the
hooks for the Subscription to the Capita
Stock of the Somerset and Kennebec Rail
road company. will be opened at the follow
ing places, viz: a, the office of P. NJ. Foster
North Arson /; at the Office of C. Sawtelle il
| Norridge wock nj the store of E.. Mcclellan
in Skowhegan al The office of S. P. Shaw
in Wateryille; al the office of B. A. G. Full
Ter in Augusta at the store of Masters
Smith & Co., in Halowell (; at the office o
r. II. Gardiner in Gardiner; at the office o
| Bronson 4 Sewall in Bath F.; and at the offic
of Joseph McKeen in Brunswick, on TN
thirteenth day Of May, A. d. 1851, and TO
| five successive DAYS; when all disposed t
aid in the enterprise are invited TO call ant
subscribe.-Hal. Gds. -.