Kenosha tribune & telegraph. [volume] (Kenosha, Wis.) 1856-1859, 1857-03-12


must be our excuse. We shall endea.
vor to be up to the time in the future.
Kenoshs & Rockford r. R. Consolidation
1t has been known by our citizens gen
orally that negotiations have beer for
some time pending, for the consolidation
ofthe Kenosha 81 Beloit and the Keno.
sha & Rockford Railroads into one
interest. The Kenosha 81 Rockford r.
r. was chartered by the Illinois Legisla
ture at its late session to run from
Rockford to the Wisconsin State line,
with D wer to consolidate with any
Railroad in this State by vote ofstock
holders BY act of our Legislature the
name of the Kenosha & Beloit X. r.
was changed to the Kenosha & Rock.
ford K. r. and by another act the road
was authorized to consolidate with the
Kenosha 81 Rockford r. r. in the State
Of Illinois, or any other Road in that
State.
Under this state of things a meeting
of the directors and officers of the two
companies was held in Rockford, some
three weeks since at which basis OF
consolidation was agreed upon, and q
meeting Of the stockholders of the Hi.
nois portion Of the road called, to vote
upon the question of consolidation
That meeting was held in Rockford Oh
Wednes lay of last week, and the con
solidation was unanimously carried
The President and others Of our por-
ton of the road were present at that
meeting. and the articles and terms of
the consolidation were ~ once ''signed.
sealed aud delivered" in due form d;
law, and we have now but one road u
one interest The Kenosha & Rock
ford Railroad-with Kenosha as the
eastern terminus and the city of Rock
ford as the present western terminus.
With this anspicious result, thus hap
PLY and satisfactorily consummate4, in
the face of no small opposition from ri
val interests upon each side of us, we
think our citizens, and more especially
those who have borne the working oar
in our western Railroad enterprise 50
long, may well be excused for feeling q
little clated. We have now and enter
prise with all the elements of strength
and entire success within itself We
have a company, powerful and wealthy,
in virtue Of this inherent strength of the
enterprise it has in hand.
On Monday evening last, meeting
was called at the Court House, for the
purpose of an expression of feeling in
reference to the consolidation of the
road and to hear from the President,
Mr. BoND, such statement as he might
deem Of most interest to our citizens. -
Mayor HCGHEs was called to the chair
The meeting was called to order, and
Mr.. Bond being loudly called for, came
forward, and i'll short speech, stated
the terms of the consolidation-the
present condition of the enterprise, and
its future prospects. The terms upon
which the consolidation has been eff
fected are as near an equality for both
companies as it was possible to make
them. The Machine shops of the con
sol.dated company are located at Rock
ford, and the general offices in this city.
On the first Monday Of October next Il
meeting of the stockholders of the en-
tire line is to be held at the Court House
in this city for the election ofseventeen
Directors, which number will constitute
the board Of the consolidated Company.
In the meantime, the work is to be pros
ecutcd at both ends with all possible
dispatch, uuder the existing Directors
and officers.
The contract for the grading and fit
ting the Road ready for the rails, from
RocsGor to Harvard, q distance Of 28
miles ha probably already been let, to
an able nd reliable company, on very
advantageous terms.
Mr.. lond also stated that the enter
prise had Ill -iE'rt,' prospects tor the
future. The Rockford IN Rock i>!an
r. r. Company was Incorporated by the
Illinois Legislature, to construct Road
from Rockford, down the valley vfRoct,
River to Rock Island on the Mississippi,
The citizens down that fertile highly cul-
tivated valley, are wide awake to the
Importance of this outlet to the Lake,
for their surplus products, aud anxious
to consolidate with our Road y meet
ing was held last week, ami the Com
panv organized under the charter Tie
object is to consolidate at once with the
IIcuo>ha & Rockford ROAD, which viii
probably be done before the meeting oil
stockholders in October, and we hall
have "a single and united interest from
kcnosha to Rock Island, under the name
of tire Kenosha, Rockford & Rock IS
land Railroad
There can he no question as 10 theyal-
lie Of the sock of such road. 1t will
Doe Is good as any in the whole West
Nach are the prospects tina. are now O.
pencd before Us. Mr.. Bond expressed
81 strong hope based upon what appear-
cd reasonable calculations, that we