Burlington hawk-eye. [volume] (Burlington, Iowa) 1845-185?, 1851-08-28

Peoria and oquawka Rail Road.

! An effort is now heins made to increase the a.
mount Of Stock subscribed TO the Peoria and
Oluawka Railroad to tice hundred thousand dol
lars The towns on the line Of the Road in llli-
nos, have already done we'll in answer TO The eau
of the p.esiden. for an increased subscription,
and an appeal is now made to the citizens OF To-
| wa, and OF Burlington and Des MONIES county
particularly. to lend their assistance to make up
the required amount.
| With the SUN of FIVE hundred Thousand dollars
| subscribed the road is placed on a sure and firm
| basis;-its Immediate completion is insured be-
yond contingency. With less than that amount,
difficulties which vii! essentially cripple ana EN-
barrass their operations, and leave the road TO
struggle in d ubt aud uncertainty for years to
come. The public have been Informed that the
Board of Directors have been successful in pur-
chasn. from the State OF Illinois the old track
and grade from Peoria TO Pennington Tor the sum
Of one thousand dollars. This purchase viii be
a saving TO the Company of near hundred thou
sand dollars. II is the intention to pat this part
OF the no d in running order at the earliest posss
be dav. In ord. that they may be able 10 en-
Ter the money market for the sale Of their bonds.
aud to procure the necessary iron upoa favara-
bic terms it is indispensable that there should be
subscriptions 10 The Capital Stock, made in good
faith TO Tie amount OF fire hundred toasaat dol
lars. This will give them the confidence OF Cap
itaists for when il is seca that the friead; o. ss
road hay, taken hold OF il in good earnest, and
with disposition TO pat Their own shoulders to
the wheel before calling upoa Hercules, the Com
pany will be much more likely to secure fayosa-
bic terms with those who cc..!rel The money mar
kct,
The present is a dacisiv, and important mo-
mcnt in the affairs of the Company. BY naitel
and efficient efforts the necessary amount of stock
may easily BE raised, and the road will 80 on 10
completion without any delay. If, OH the other
hand, there is backwardncss and hesitation
manifested, the road and its prospects may l!nser
and hang upon our hands in half lifees state for
wears to come. What the Company wants is ae-
t;on--ready, prompt aud immediate action. Let
the citizens OF Burlington, and the farmers of
Des Mones and the adjacent counties, come for
ward at once and fill up the Stock OF the Com
pany to the necessary amount.
Let every nan who is able, subscribe at least
one share; and il this canno. be done, lei two or
more unite and take one. Let il never be said
that Burlington, which is to reap so largely OF
the advantages of this road when completed.
stood back at the important and decisive moment.
and saw this great project languish for want OF
a united and hearty effort to place it Oh a sure
and permanent footing.
We repeat that the Boafd of Directors find il
necessary, before they can make any final and
decisive movement for the sale Of the bonds of
the company and the purchase of iron and other
materials Tor the road TO secure subscription
of at least halfa million Of dollars. They appeal
TO the friends os the road in Illinois and Iowa. TO
come forward at once and fill up the subscription
to that amount.
Let TO, the appeal be made in vain.