Cedar Falls gazette. [volume] (Cedar Falls, Iowa) 1860-1895, 1863-07-03
THE MINNEAPOLIS AND CEDAR
VALLEY RAILROAD.

With the exception Of the Dubuque add
Sioux City and the Dubuque and Marion
Railroads, there is no railway enterprise in
which the people Of Dubuque feel more inter.
est than in the Minneapolis and Cedar Vally
railroad. 1t commences in Minneapolis,
Minnesota, and pursucs almost an air line to
Cedar Falls, in this state, at which place it
terminates with junction with the Dubuque
and Sioux City Railroad. We learn from
the st. Paul Press, of the 2lst inst, that
new company has possession of the road,
and that work will be commenced upon it
Immediately. The Press says: -aa.
The arrangements which have been for
some time in progress for the construction
Of this road, were consnmmated yesterday.
The new company having made deposit
of $50, OOo in the hands of r. j. Baldwin.
as Trustee for the old Board, the Corporators
and Directors named in the act Of 1862 sew.
orally resigned their positions, and new
Board of Directors was elected consisting of.
Selah Chamberlain, of Cleveland, Ohio.
Alexander Mitchell. Milwaukee. r. .
Daniel Z. Wells. do .a.-.. .
Ira 7. Mum, Chicago.
Frederick P. Jones, New York, .'..a
Perry H. Smith. Chicago. rE-s- ..3 3
George w. Rogers, New York. ..gaa
Two vacancies remain to be filled to make
up the Board, which will be filled with resi-
dents Of Minnesota.
Selah Chamberlain was elected President
pro tenn of the Company and R. J. Baldwin,
Secretary. .. ta r,....... 1920. ... ...,
The new company comprises men of ample
means and large experience in railroad en-
terprises, who purpose to push the work of
the road with all the rapid,ty possible under
the circumstances of the road and country,
The people of the State interested in the
road have reason to expect the completion of
the road from Minneap polls to Ottumwa du
ring the next year, and to the Iowa line the
following year. The branches to Hastings
and st. Paul remain to be prov ..ded for as
soon as the circumstances Of the company
and the localities interested may arrange for
their construction. 5E - 1 .g9l- f.H
We lsarn that the gentleman above named
propose to start this morning on u tour CT
inspection along the line of the road with a
view to an Immediate commencement of op-
erations. We are informed on good author
ity that in all probability the work will be
commenced within week. ,.. .,..-.~T. ..-f
In speaking Of the above the Bremen Co.,
Ph9nir says: .s..... ....... ...'.....
hopc tuiS IiOfcIuetlt Will give new
impetus to the Cedar Falls and Minnesota
Railroad and that the rival interests of Mil
waukee and Chicago will aid in fastening
the completion of the road from Cedar Falls
to the State line. There is now force at
work on the road which runs west from Nc
Gregor, and their object is to make connec
ton with the Minneapolis and Cedar Valley
road, and thus secure to McGregoy and Nil.
waukee the trade Of Minnesota. The line
marked out by nature for the transit of the
rich products of Northern Minnesota rs down
the Valley Of the Cedar, and a little exertion
on the part of Dubuque and Chicago will Sc
cure to them forever the richest portion of
the Northwest; but let this trade be once d.
ycrted into another channel, and years of la
Dor cannot obtain what little exertion will
now secure. ,..a..4 .n.r ,sa sIf,s... .. e
N. The people on the line of the road, North
from the South line of Bremen Co., are ready
to do all that can be reasonably required of
them, in the way Of furnishing means for
grazing, ties, &c. We hope that something
may be done, for we are confident that while
it will be of incalculable benefit to the coun-
try, at the same time it will prove a profit
able investment for those who may invest
their money in the enterprise. - ..'..