St. Charles City Republican intelligencer. [volume] (St. Charles City [Charles City], Iowa) 1857-1861, 1858-07-22
due amount of responsibility, and to
this end report the following

due amount of responsibility, and to
this end report the following
RESOLUTIONS.
Resolved, As the sense of this Con-
vention that an organization be now
formed under and in pursuance of the
Statutes of Iowa, as an Incorporation,
for the purpose of surveying, locating,
constructing, maintaining and opera
ting a Railroad along the Cedar Val
ley, between Cedar Rapids and the
Minnesota Line, and that such assoc
citation be so framed as to give to the
different interests in the great through
line from st. Paul to Chicago, fair
representation, and that the Board of
Directors shall consist of twcnty-one
persons, two of whom shall be resi-.
dent at Chicago, as representing the
interest of the Galena & Chicago
Union r. r. Company--one in Boston
one in the State of New York-one
at Clinton, Iowa, as representing the
c. !. Il n. r. R.-one in Minnesota,
representing the nj. & C. V. R. r.
Company--and fourteen along the line
of the road-two being selected from
each County.
Resolved, further, as the sense of
the Convention, that such organiza-
ton, when perfected, should take i'm
mediate measures to procure subscrip-
tons to the stock of said corporation,
and to put the grading of the road
under contract as soon as practicable
and the subscriptions will warrant.
Resolved, That a Committee be APP
pointed to carry out the objects of this
report and perfect the organization of
an Independent company.
Mr.. w. ii. Sessions of the Cedar
Falls & Minnesota Railroad Company,
submitted a verbal report, dissenting
from the majority report, accompanied
by appropriate remarks.
Mr.. Croker then proceeded to cx-
plain the policy and determination of
the G. !. & N. r. r. Company. He said
that said Company would build the
Valley branch as soon as they could,
if the line was left open for their use.
If new company was organized, the
said c. !. Il \. II. Il. Company would
give all the assistance they could to
the completion of the Cedar Valley
Railroad.
A motion was made for the adoption
of the majority report.
Mr.. Sessions being called for, brought
forward and exhibited a Map of the
Cedar Falls project and proceeded to
address the meeting. lie repudiatcd
the idea that the Cedar Falls Road
was branch of the d. 4 p. X. Il
He highly complimcntcd the energy
and perseverance Of Mr.. Milo Smith,
the able engineer of the G. /. & \.
II. II. He explained the object of the
organization of the Cedar Falls q Min
nesota Railroad Co., to be the early
completion of the road to Minnesota,
and the intention of the Company was
to put portion under contract and
have the work progressing this fall.
He proceeded to show the distance
by several routes, by which the Gin
ton route was the shortest by l26
miles to New York. He gave AS rca-
sons for separate organization from
Cedar Falls north, the fact that short
roads were run cheaper and managed
with more economy. The price and
value of stock would be greater, be-
cause the line would be through
Road from Cedar Falls North worth
at least one hundred cents on the dollar.
Mr.. Croker took the floor and con
tinucd the discussion in relation to the
separate organization for the whole
Valley, or by two such separate or
CARNATIONS.
Mr.. Detwiler, of Benton county, add
dressed the Convention in favor Of the
G. J. & n. r. r. Co., building the line
under the old organization, in a very
happy and humorous manner.
Mr.. Crocker replied to such portion
of his remarks as needed reply, and
continued by advising separate or
ganization, and marking out the poll
cy of such Company when formed.
Mr.. w. Ii. Mcclure, of Black Hawk
county, entertained the audience for
sometime with his views of the vari-
Gus questions under discussion and in
favor of the Cedar Falls organization.
Mr.. Peat explained the position of
the G. /. & n. r. X. Co., in regard to
action past and future, and the pros
pect of the separate organization.
The Convention adjourned for two
hours to take supper.