Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1857-07-25
CIRCULAR.

The Sunbury and Erie Railroad Company
address you as a party who are, from local in
terests, deeply concerned in the completion Of
their Railroad.
You are. I understand, a proprietor oc 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 subserved.
Although so deeply interested in the success
of this Railroad, the owners of property have, SO
far, given tho Company but little aid, but have
left it to struggle against adverse circumstances
either upon tho 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 he built
without the aid of the lnnJholders. has so far d.
minishcd by events as they have been developed,
az to 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, that those com
panies who have il in their power to offer land
basis in addition to the ordinary credit accorded
to railroad enterprises, find 20 difficulty in ac-
complishing their works, has encouraged the
managers in this attempt, which has leen COM
municatcd to several persons. and has met with
great favor.
The proposition now made is based upon a
mutual advantage; as by the completion of the
road, the market value will be increase in very
rapid ratio it is for the interest of the owners to
part with portion of their lands in order TO Sc
cure large profit on the remainder.
Without entering into details, which must he
arranged to the satisfaction of both parties, aud
a 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
nj fair rnip pfp al al tL,;s
tracts, to he divided fairly as to quality, taking
Pay therefor in the stock Of the Company, rescr-
wing the other half for their own future profit
the purpose icing to offer the half purchased, as
basis upon which TO obtain the funds to build
the road
1t is desirable, therefore. a preliminary, 10
know your views. And therefore request your
carly reply-let it he ca or nay.
lfyou think favorable | will thank you 10 state
the location Of of your lands-a general dcscrip.
OF them, and at what rate you would he willing
to part with the half to the Company. Youma
ii the plan succeeds, expect dividends on your
stock SO soon as the road is in action through
your viciaiiy. The remainder which is lett in
your hands will rise in value so soon a the com
pleiion Of the work becomes in public estimation
a fixed fact, SO that you will soon realize from
the sale of your half far more than YOU can now
obtain for the wholc-oaving your stock as addi.
tonel profit.
invite perfect frankncss in your communica
tion, as no advantage will lie taken for the plan
will only he ca rried out in case sufficient land is
rendered, added TO our other meaRs, will effect
the Object aimed at.
Very respectfully,
S. V. MERRICK, President,
Sunbury and Eric X. II. Company.
Cficc 324 Walnut St. Philadelphia.
tB'- Parties who feel disposed TO close ou, the
whole of their tracts to the Company, will ploase