New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-08-05
THE GALENA and CHICAGO

II UNION RAlLROAD.-The Gsens and Chicaxo RAil.
road commencing the City Of Chicay In the State Of III
asis runs to Freepor IN Stephenson County, distance 81
~ miles, ct which point IL connects With the 3slsaa
% TO Galens and pubusua In tie stss OF Iowa o. the
AT point thirty miles ve~ Of Chisaso viii
ne Auro Branch Railroad In operation thrteen mica
and which about being extended BY that Company ~ he
Illinois Central Railroad point aXtsen milcs north Of
orm connections with the Michigan Central and the Mch
ian Southern Railroads constituting part Of the main chna
iRailrosd ins from the Atlantic cities to tS" si"pr
The Road completed and in operation eshty b1r
ilaa eixht miles from the OF Rockford the Rocl
River to which place the work 10 In sctye prores and
viii be completed and put In operation oy the h day OF A.
gan next the iron for this section OF The Road being now %
contract BY the goth May next and probably Do sonssd
The Illinois Central Railroad Company snneunss sasA
state Of proess a. To have the connecting link from Prespo
70 the Mississippi completed early In the fall Of 1855
The grades upon the road easy the ruling srsde we
seins d feet in the mile and east Is feet Ia mile The
sntiIe cost and equipment OF the rod ~1t Be about
@ The a. ss cunt, q ssR. s:d 70 s mo- D.:
aot yet called IN There bonds outstanding follows;
~ 900 first division honda due LIST June la61 A dep
Sonds and &44 900 second division bonds The road
opened 30 Elsin the Fox River. distance Of u mss IN
the month Of February 1880 and completed and opened %
s present point Of terminus the the nth DAY II March s
Yhe earnings Of the osd for the eleven months from May
1851, to April l. 1882 els 80 expenses for the sams
time sS -runnins durss tina. time an average distance
month"; In 1880 81, were elsos2 on distance rus OF u
miles
The sro~ earnings for the month OF March last vsss
t2l7.N
The Company, BY resolution OF lth Des-moeI, 1851
taorzed Of 10000 Of bonds Tor the Construction 81
TIE third division Of said Road from Rockfer rreepas
fhese bonds interest per cent payable 10
tan years date Of issue and for the payment OF pns
pal and interest the property and revenues Of the Company
are pledged The interest and principal Of these bonds rS
payable In the city Of NewYok and the interest
Gy BY coupons attached the R Of February and Ausosl
In each year This issue IL the na sse OF she Company
for the construction OF said Railroad.
Cf bonds been neeOcatod ana fuItAeI
amount are now offered for se which may be obtained
application TO Aesks Duncan. Sherman Co. bsnssu Ia
The city of New-York WHOSE BANKING house the ssni
snnus interest 90 the bonds will hereafter he pad
The ample OF the country tnrouzh which ns
ne passes Railroad have been fully demonstrates
By the revenues Of the Road thus far and ~hsn shall b
connected with the Mississippi River foTnrs main line o.
sommuncsoo from Lake Michigan with the country 90 the
upper Mississippi and bringing It through the heart Of The
lead region may be confidently estinsted 10 dsw uans,
proportional n second TO road In this sountrJ
Pie present OF the Road and the certain increase
nom the extension Of the Rosd and growth Of the eoonuy
tributary 10 IL renders the bonds now offered seen1y oil
most undou btabls shsrscter.-NevYoTk, Aprl q lsz
JOHN 3 TURNER President