Portage sentinel. [volume] (Ravenna, Ohio) 1845-1854, 1851-10-06
no the Co commissioners OF Portage
County.

County,
You are hereby respectfully requested to
issue the notice authorized by the ''act to au-
thorize the County Commissioners Of CGshoc
ton and other crunties to subscribe to the
Capital Stock of Railroad Con panies," pass
ed February I5, 1648, requiring The qualified
electors of ef Portage County to vote for or
against subscribing One Hrndred Thousand
Dollars to tho capital stock of the Cleveland
and Pittsburgh Rail Road Company, at the
annual election in October next.
This request for repetition Of the vote on
this question, is founded on The following con-
siderations:
First-It is we'll ascertained That within the
last two years, IN consequence Of Il better un-
derstanding of the operations and influences
Of the Railroad, very considerable change
has taken place in the m nls of The electors in
the county in regard to the expedieney and
proprlety efthe subscription.
Ssaondly-The successful prosecution Of
the enterprise thus far by the Company
thirty-eight miles of the road from Cleveland
to Ravenna having been in operation for more
than five months, and the remainder to the
Ohio River, viii, with the aid now sought
from the county, place beyond doubt the COM
ple,ion of the road this season; while the
amount of business done on the portion of The
.oad already in operation, exceeding, by far,
the most sanguine calculations Of its friends,
furnishes the most stable ground Gfconfdence
in the safety of the Investment. The Com
paay s0iH, moreouer, j required by the Com
mis>ioners, guaranty the County against the
necessity Of lerying tar for the payment Of
The principal or interest, or both. on release
to the company Of the profits of the stock, or
on such other reasonable condition as shall be
agreed onby the Commissioners and the Com
pany. -e...
1hhdiy-The Comp my have, by great
and perseveriug exeition, succeeded in carry
ing steadily forward this work, which 10 the
aggregate, wi cost Two Millions Of Dollars.
AMI in which they have already expended a
great part of this amount, with comparatively
less aid, thus far, from counties and other civ
il corporations, than has been generally extern
ded to such enterprises in the State. For
securing tue speedy complexion of the work,
but small part of which remains, the addi
tional subscription to the stock nsked Of the
county is needed in order to preserve the sound
financial condition Of the Company's affairs
which the managers Of the enterprise have
aimed and thus far have been able to main
tain.
FomiHy-The favorable bearing Of such a
public improvement, on the various valuable
interests of the county, is now satisfactorily
eyinced in the working of the part already
c. mpleted. A new stimulus has been fur
nished to enterprise; an increased value given
to agricultural products; and the favorable in
fiuerces secured to the moral aud social inter-
ests of the community by such facilities of in-
have been expefie need al
ready to degree that ives strong promise OF
a large benefit in these respects to the county
generlly, when the road shall be completed;
and Justify that degree of countenance and aid
from the county which would be given in the
subsc ~ip.ion soil, tied.
A detailed stateme Mt Cf the business of the
road accompanies this representation and re-
quest. ~
S. FoLJAMbE, Secretary.
!. Office of the Cleveland and Pittsburgh Rail
Road Company, Ravenna, Sept. 8, 1851.