New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-05-07

county s with a branch 10 miles north FROM
unles' ~ Tseumseh making in "A 70 miles actually
,onstrpced on which the State dad expended upward
of Al 800 eco.
" The charter under VIII oh the Southern Michigan
Railroad Company TOOK possession Of this road was
perpetual one oareiy prepared as to rs iGiis, nv
sra in its proYr>lors and not subject 10 d"r
except by the. consent Of the corPorators' VhueI
The ComrAny were authorized TO extend Tue lcaH
wesieflv 10 Lake Michigan either by the rous1
pally contemplated by any other NOR They
route which they should deem NOR Curse by the
were induced 20 adopt more soatneriy coIs &c Gch
coneict with the Central Railroad Company :.;or and
following considerations First TO aVoo oS terminate
gan whose line the State had proPoseu ~ al decided
=, q, Tosonb ON Lake Michigan, but "lo h@o,,b than
a.. - NJ Rufalo considerably ilrueif ovtendino
81 Joseph their terminus, WIN q Chicago; second
their line around Lake Michigan 10 OIL between the
40 meet the demands Of the great 'tcoming evident
NJ ,. go W. which il was then eo,h Oh were
49, ~. move directly across the iakJ' ;J - OH
'lssd IN Winter but around theih ~ the northern
n;ste a threatened competitor, ts sine
,,arts Of the States of OHIO ana io,ated the But
P'Tbose States had previously inIo. % rrnosc of
falo and MISSISSIPPI Company, Gs m;l. .pnth OF
constructing road from ,be northerp counties of
Gonv Tndisno 10 Chicago, the head Oh Lake NJ MI.
.oan SI,oh a road, II was ooNioss w"tJ t Mn.
xap. 49, SSI Ale Erie with the head OF Lake NICE
we 49, seo,,,, II would command the large ana gio"
& ,rsde spnging up between these important
and IL would form principal INK ga M u. a.
~ comuuni cation between the East anu w., -
- nronosed IN run only some fifteen or twenty miles
so,sb ~ tbe nroposed fine of the Southern Michigan
Road and nearly parallel to al Ii9 way,
1t was equally obvious that ec vi met bcoome rys to
an extent seriously DAMAGING tho a. ,b " - '
1900 The fessibity Of union IL was found thet by start
ine from Toledo and RAINING ISI1 s %T Mpan had
tSoush Hsdae to Codwatc thence again IN south westerly
,nS Road might De adopted This route somewhat longer
the proposed direct route from do'Sao az.
by the eXtnsusbInen Of rival nG and by the superior pop
louDees bordering districts The union We consequently
elected m the assumption the Buffalo and Mississippi char
tsT BY The southern Michigan Company; ,- ,.,..
IN S,S 20 SsIs Tcdo With the Soa,hrn Michigan
= A A. early @ es By EIf h sT oTy Of Msan
for the purpose Of making railroad from loeao twn wa
20 the Stat Of ho Kalamazoo in the interior OF Michigan
the object being open the market 81 the head OF LAKE e 10
e Also as far as Adrian and the rivalry Of
t cities Of MCnIos and Toledo had 9fa i bit n se onh
Michigan Company acquired perpetual lease Of ~ !. iSi
,oss mo. Sh IN Connection With foedo
From HiIsdse westward the road enegcticay prose-
ptsA according 10 the obtained from the State Of Mich
isan But as the line the road after leaving the soahern
boundary OF that STATE SHst P pas ii tho WEN n Of
the Buffalo and Mississippi Company used from
the point of intersection 20 the western boundary OF Indiana
tabout 100 miles, and another Company was orssnzed under
The general railroad law Of Illinois to complete the remainder
but interest and having procured from the ess
WORK with ali the rapidly consistent with solid durable
sucton co,.e Of the 1850 and 1851 up 70 May
line opened from Hlsdse I, Chicago The
IepOi for the yssI @ s tnat IL PSoet ye1
for such work, the Companies eonaeed 100 miles Of new
s Il Tie history q Isl.ssd Enterprise
made their duty extend the Tecumseh Branch to the VII
fe e. sSo1t 4 ya sa Sa defined g pa 5a
the completion Of their main line when they caused sur
a. Manchester mes 1856 and would been entirely
completed by this time but for en- Injunction restraining the
solved the remaining portion will be finished by the LIST
July This branch win likely be fxfendd as n north a. Lam
viii sill important feeder than is already 10
hs s branch Of four miles from White Pigeon to Constantine
branch Bseytows in Indiana fourteen miles to Mchi
Island Company Of Eve mile. ofroad entering Chicago
The Directors Of the Northern Indiana Company, in plrsu
ance their original plan Of securing the best ue of railroad
that could built Toledo and Chicago and for which
BSSso and MssisPPi Charter satoIadd survey to be made
in 1852 SPPared from this survey that such road coqd be
per cent from air line There but few
the whole Of IT, and stretch of7o miles in length perfectly
in the mile and going east but ten Under these eIeqstsn
Toledo and Chicago the road was vigorously undertaken
from ElhsIt to Goshen already finished and the Directors
confidently expected that would be complete by September OF
1856 disappointed in this expectation owing 10
causes beyond control although they happy
that now finished and will soon be brought into full opera
non.
more difficult execution than anticipates the
lions harder large losses have been by me snk
ine double the original width OF clearing has been
made; material has been found more expensive while
the seasons shown themselves uniavorabe Two
eensy and times caused temporary The
the undertaking. in consequence OF these dawba 10
which may be aided the increase OF wages ana he ac nat
rails have been selling at higher prices than heretofore
with the los of interest growing out Of the delays Will be
considerably enhanced beyond what at the outset oonem
plated -. i, 81 .ti for, ,ve a,,riea ~, g, .;r,,sr
January 49, 1886 that arrangement had been made
to which lines would be connected with the latter i'm
porant city and with the Great Western Railway Of Canada
AT the they informed that the Directors consid
line much 70 the Interests q this Com.
pay that they proposed in order its construction
take lease OF the ROAD by guaranteeing annual
dividend upon it's stock of 3 cent.
the annual meeting of stockholders in April 1885,
resolution authorizing aud requesting the Directors to enter
into the proposed arrangement unanimously adopted In
Of lease in perpctuy Of the road from Toledo
81 the road for construction and the payment OF = cent dyi
full paidup stock from the time Of its compile
ton The work the road has since been vigorously prose
cuted with view to bring into use at the earliest period the
contract for construction made the 10th Of July last;
and the Directors have satisfaction in stating that the line
between the Cities of Detroit and Monroe S me opened
business the 25th of December By ths
continuous track from the City Of Chicago the City De
tro operated by this Company belonging has
established The residue Of the line from Monroe Toledo
mes) will be finished in the OF the Spring and
previous the July next That they might insure the
result the Directors have made the requisite
20 the Of the road thus far holding security
road and also 252 900 its fuil paid capital stock
Owing 20 the unayoable state OF the market during
the past season practicable TO negotiate a,
satisfactory rates the stocks and bonds of the new line vel The
Company felt be their duty press work
that purpose incurred debt which is necessary pro
We have omitted TO record in it. proper historical psce in
order TO state the fact this connection
Southern ana Northern Indiana Companies became single
corporation under acts passed excessively BY the Legislatures
of the States Ohio Indiana Illinois Michigan in which
States their various properties existed The articles Of conso
dalton the 10Th Of April that wear
unanimously sanctioned and approved by the stockholders
Of the respective corporations In this
contamination attained aud bo the several lines
may now regard themselves as the Possessors Of railroad