New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-10-09
Amount going Esst............... 1890 200

Total freight both wnys...,....... $780, 900
From the fact. which the COMMITTEES has already forth
and Whist they from reliable sources well from
the personal observations which they have made 1t seems prob
be far from what VIII be the result Til. quantity Of freight
there row. why VII it not come to msIks,
proes Of the Of the road correctness Of which
boas If a. a. ng SU %bo vert We hoSe he wSes ind
that the road Ia not expensive or difficult to make
The ground favorable the materials abundant and OF an
character fer such purpose and there are no very
formidable obstacles to surmount. 80
inh State Of length that has been or can be made
any cheaper snd better than this road.
The frat imp essCn that the work was eIpensye, ou
this was not sustained by the facts.
The wear and tear Of rosd which have need Of
costly structures and where good materials for repairs are so
abundant be slight compared with m' Of the roads
Your Committee finds examination that the capital stock
Of be Company r million Of ddys, divided ino shares Of
s i Feb e sG esq., % vi co.. Which wa. duly
tsien and 10 per thereon duly paio.
original The State made Of to hundred and
y neu.oad at the merely npina Pree Of i've cents 40
road The words of the follows:
u To- the ae t sOa S Ras the
this the Of 5000 'hen and from the time of sceh
payment for and during the OF three years thereafter ai
Corporation hA be entitled TO the peempton rsht OF select
ina purchasing nifty Of land OF not exceeding 1000
Hsnoo 10 be located tracts Of not more than w
thousand than thousand eaeh AID two of
said tracts approach eAcb other not to
leave between them uhspoprAted tract Of one
q quantity sufficient fcr such seec ion
the sale corporation shall purchase more OF
said then they purchase also
many ofsueh Intermediate tracts be necessary
to make such qqaptity . they may purchase under ta &C.
OF Cshsg toward the construction Of their road and pay into
Treasury Of the State at the rate Of five CENTS per sere the
Controller shall convey said Corporaion from time TO time
and as often Of said $50 90 acres until the whole
Tse State bad previously expended large of money
exploring and in making plans but nothing OF any mo
II that the Company in Autumn had fully
Piled with the term, and eOndop. Of th. law and the
Lands. hat . had paid into the Treasury Of the STATE the
$500 required and il had expended DOT only the 5000 bui
the construction Of the read east OF Carthage which The act
also required. All its rights now vested rights ,
In addition this By the State, the individual holders
in the wilderness along the of m.ds
liberal srans exceeding in quantity the state grant making
tOh Of more than rue hGnSy.a make
tho road Beside lands the Company hiss grants CT interests
The value OF the lands covered they with valuable
timber and filled sss with minerals and possessing
productive soil all which affirmed by Committee must
be great, probably great the value OF any and IN I'M,
Stale situated like them and having the sdysntage these VIII
have the completion Of this railroad with sbueres and
Connection. of which the COMMITTEES have already spoken
This land feature In this class OF public works In ms
e me one party 81 a sas. . .oob
party of the lands have derived the greatest benefit
by their euhsn e value In this the Company (which
quite right to share largely in the benefits flowing from the
con struction Of this road.
Committee fn h the surveys spoken Of have not only been
completed and the line generally located but that large
portion Of the right Of has been obtained between the east
ern terminus and CuthsEe This smother important item
costing but little when compared with others They find the
work under contract and slage amount oft done
The following extract from the statement made by the
En- sineer Of the work done:
The whole amount Of work done and materials
delivered 10 Dec. l. 1874, a. per the N 1nthiy - - .
rSs 80
To which add for work, ke. done from Dec.
TO date May 10, estimated. 5000 "
Total...................... iS6 $50 80
The item Of eSs W 80 is made up fr.m the following quaint
ties, Wis