Plymouth banner. (Plymouth, Marshall County, Ind.) 1852-1855, 1853-09-22
Cincinnati, Peru, 4 Chicago Rail Road.

We Understand that the corps of en-
gneers who are surveying this road. are
expected TO reach La Porte during th-
present week. and that the line has been
found an exceedingly favora bic one from
Peru north, excepting chat there will be
some rather heavy work for short dis.
t1nce this side of Peru and at the Tippe
canoe river. The balance of the line
will BE- uncommpnly easy of construc-
liOn, and one OF The cheapest roads in the
+. United States. The work at the Tippe-
canoe aud at Peru is heavy only in com
paris0n with the balance Of the line.
! We learn also that stock subscrip ptions
will be closed up Immediately. and that
Ezekiel Morrison and Willard A Place
have been appointed 10 appraise the lands
Offered in payment of stock. No lands
will be taken except on their appraisal; );
and we think they are men who will b.
likely to do justice between the owners of
the land and the Co. A very large a
mount OF good lands have already been Of
fered 10 the Company. but we understand
that onl limited quantity. not exceed
ing $500 600 or 500. 900 will be aces pit.
ed in real estate. for the part Of the road
north of Peru.
We also learn that favora bic contract
for running connection. has been con-
c!uied with The Cincinnati Western Rail
Road Co., whose road will terminate at
New Castle. This road is built on th4
most direct possible line from Cincinna ii
to Cambridge City. where the Cincinnati.
Peru, and Chicago road will connect
with it. Tne trains will run through
from Cincinnati to Chicago, by way of
Cambridge City. Peru aud La Porte. pre-
cisely as if the whole were owned by one
Company. And should road at some
day be built from Losansport to Chicago.
the line by Cambridge City and La Porte
will be shorter by some miles than that
by Richmond and Logansport. Our line
aISJ has the great advantage of passing
COR the entire distance through one of tnp
most fertile regions Of the wesl; while
the road from LoganspOrl, if built. would
run for long distance through the sw amp
lands of Pulaski and Stark counties.
When we consider that the part of the
La Porte liae north If Peru is TO be the
northern and north western extension OF
three great lines. thai from Louisville via
Columbus. a.. and indiauapol 10 Peru:
shat from Culum bus. Ohio via Piqua To
Peru, and he direct line from Cincinnati,
here can be no doubt in the mind of any
one as TO its importance, and the pros
pective value of the stock. Through run
uing connections have been formed with
all Of those lines.
We also understand that requisition
has been made by the directors for $780,
900 Cash subscriptions, to be expended
north of Peru. which has been apportion-
ed as follows: $4,000 to the county of
La Porte: So. 900 to NJ rshal and Fulton.
each; s. 3 O0O to Miami. and SO ,00O 20
Cincinnati. Interest a the rate III per
ceut.. in lieu of dividends will be paid
on cash subscriptions from the time OF
payment ill the road is put III operation.
Aud an order has been made that. SO
soon after the subscription of the $780,
600 in solvent cash subscriptions. as the
state of the surveys will Justify. that
part of the road lying between Peru and
La Porte, shall be put ander contract for
gradation and masonry, provided the |
approved real estate subscriptions for
this part of the line. should amount by |
that time to at least $500 600.
We understand that large proportion
of the S75 900 cash subscription allotted
to Gin. La Porte has already been sub
scribpd
We will endeavor to keep our readers
advised from time to time. Of the pros
poets and progress of this great work
In our allusion to the proposed Logans-
port and Chicago road. we intend as we
feel. no hostility 10 that road or TO its
projectors Ii it can be built, we are far
from throwing obstacles in its way, while
we deem it right to call attention TO
what we consider the greatly superior adj
vantages Of this line. La Porte Whig.