Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1857-07-18
CIRCULAR
SIR

SIR:
The sunbury and Erie Railroad Company
address you as q party who are, from local in
terests, deeply concerned in the completion of
their Railroad.
You are. understand, a proprietor OF land
within few miles Of their track, which land
Will, in the natural course OF events, be greatly
enhanced IN value from the time this road is
built, and hence the earlier that event takes place
the sooner your interests are subserved.
Although so deeply interested in the success
Of this Railroad, the owners of property have, so
far, given the Company but little aid, but have
left it to struggle against adverse cirsum stances,
either upon the hope that others would secure to
them the results looked for, or perhaps appalled,
by the magni tude Of the Undertaking.
The expectation that the road will be built
without the aid Of the landhoders. has so far d.
mifiished by events as they have been developed,
az 10 induce the managers to make this effort to
concentrate upon it the influence of such propri.
etors as will be the most directly benefited.
| The fact, now well established. thatthose com.
panies who have il in their power to offer a land
basis in addition to the ordinary credit accorded
| to railroad enterprises, find no difficulty in ac-
complishing their works, has encouraged the
managers in this attempt, which has been com.
municsted to several persons, and has met with
great favor.
The proposition now made is based upon
uuNeHtdSc as ny COhlpleuOn OIL the
road, the market value will he increase lin a very
rapid ratio, it is for the interest Of the owners To-
part with portion of their lands in order to se<
cure a large profit on the remainder.
Without entering into details, which must be
arranged to the satisfaction Of both parties, and
surety given that the object will be accomplish.
ed, state the plan generally. That the owners
Of land in the vicinity of the Railroad shall sell
at fair rates of present value one-half their
| -, III, 81 F,;r
pay therefor in the stock Of the Company, reser-
wing the other half for their own future profit
the purpose hoins to offer the half purchased as
a basis upon which to obtain the funds to build
the road.
1t is desirable, therefore. as q preliminary, 10
know your views. And therefore request your
, early reply--let it lie yea or nay.
Ifyou think favorable | will thank you to state
the location Of Of your lanjs--a general dcscrip.
e Of them, and at what rate you would be willing
to part with the half to the Company. You may
I if the plan succeeds, expect dividends on your
stock so soon as the road is in action through
j. your vicinity. The remainder which is left in
your hands will r,se in value soon "a the com
pletion of the work becomes in public estimation
a fixed fact, that you will soon realize from
the sale of your half far more than you can now
obtain for the whole-.leaying your stock add.
toncl profit.
Invite perfect frankncss In your communlca
t. ton, no advan age will be taken for the plan
will only be ca rried out in sufficient land is
rendered. as added to our other me aas viii effect
!. the object aimed at.
Very respectfully,
8. V. MERRICK, President,
SunburY and Erie r. r. Company.
Office 324 Walnut ST., Philadelphia.
~ EF Parties who feel disposed TO close out the
whole of their tracts to the Company, will please
make proposi ton 10 that effect.
July Is, 1851