Council Bluffs bugle. [volume] (Council Bluffs, Iowa) 1860-1868, 1865-06-01
cougcaE. lLUEEs AMP 81. sesKRa

Wa nosiee several eommaaieasians ie
shs Eo.parsa relative 10 The oouncil
Blusfs and Ss, Josaph Railroad; and frezn
then ws ara led 10 Infer shas The writer's
aisAsx wish 10 misseprsssna tia action Of
shs Board Oh Dlrsssors or they do not
snow how shs saasssr stands upon which
sAsx ara aaSsasoring 10 salighten the
uahlia.
rhe uaanany vas organised several /,
xaars sso and the subscription book for
saaaa was onensd shortly after isa organ
.swas;sn sad about cal COO was subscribed
nv ,ndsvsdaals, afterwards the City Of
aveuncgI Rlnas Subscribed $25 900 and /
possaxaIkamia eouaty "a. 600 In Swamp |
v..nas Ia Tia slock making In all about |
a1os 600.
a aantraes far tbs saussyuction Of The |
.a.a eomrlsss with rolling ssock . d mazda |
vw,tk M. Charlse HenSfYSe. for the sam Of |
,ssn0 COO. "a he maid Ia cash. Sl2T. 500 and |
In srss mortgage bonds, notes Of individ-
uals. stock, laads, CITY boaas and such |
uaassrisla an tha eompany msghs ba able |
a furnish. ina balance OF The $500, 900. |
uanax,a waa by' the conditions
al his contract TO eomTlete tbs
Rad a,siihlu ns.,sfu daas a1lss aAs Plate
cossairv Railroad shouaJ bs eoaapiessd to
sAa Sgafa hus Asfsresa Totpo asd Aiiaog-
=, - and during tbs eorasraclion Of the
ROAD. the Board Of Direcssxs we're TO pay
him moathiy, sash, bonds, notes Of indi-
siauals, &c., for all the work done less
fifteen per oCat. wbich was retained as se-
eurisy for the aaai completion of the con-
tract.
- Mr.. Hendsie, under this contract COM
named work aud expended between &c.
600 and Sl2 900, AMI has BEEN paid for
all cork doas according to the tsrms Of
shs eoutxsct, or to his acceptance and sat-
issaeson.
When the var bseks oul, the prospect
Of the eauly completion of the Platte
Country Railroad was destroyed, and Mr..
Hsndris and the Directors agreed In she
spiujou that it woald not BE- for the inter-
ass Of either to continue the work and Is
vas suspended By Eatuai agreement.
at she time the contract was made, 20
enc supposed that Railroad would start
Westward from Council Bluff before the
eornpletiou Of some Eastern road to the
Cisy-hence the provision in the contract
With Hendris for the completion Of the
Road 90 days after the completion Of the
Platte Country Road to the State line.
It has been asserted that Mr.. Hsndrie
stands in the VA of the construction Of
the Reed-that responsible parties stand
ready to build the road il Dir. Hendrie
gill get cut OF the xay by eanealliBg the
eontraet With tbs Company. This ia not
true, or If trae the Board Of Directors
have never had Eaada 10 them any propo-
sitiou of the kiad.
il conserded by como that Mr.. Hen
syis KAould be reoaired to 90 on With the
work. By the terms of bis contract be
has 90 days after the Platte Country Rail
road ia CONNECTED 10 finish tais Road, and
the Compapv possess no eosyeirs power
aeaiass him uatil that time expires. Sec
end. If ina Conpaav eouia compel bin
~ souuenee tina wovk ,mmsd;asgEy i, has
no available means 10 carry on tho work
ia compliance with its contract. IA We
stated in Tia outset SI2T 500 ID to be paid
in cash. This money has to be raised
from subscriptions 10 the stock Of the
Comnanv or from The sale of the swamp
lands. Tha lands are not selling a. this
anne, and the stockholders are behind on
assessments already made-even one Of
the wr;.ers In the RonDaysii. Who 10 50
.ux,ous for the Boera Of Directors to 20
"a wtth the work has not paid up the as
sessnsus sIreadv made against him, and
aha a.hrr II a stookboldcr Ia Ia arrears
and IL not a stakeholder, has 20 right to
sowpIaiu. for the reason that he has nc,
showed apv deposition 10 aid the Board
nf Directors Ia ths prosecution Of tia
work BY furnishing the means necessary
20 sarry il on. But it 10 said that th,
Company have $40 600 in the U. S. Treas.
uyx whteh eouii be used sas,nsdinlsIy il
gushing forward the work. Isis tris tia
that suna of money belonging to the Com
pany Ia In the U. s. Treasury; but it vii
take sometime to get ii oat. First th
Board Or Supervisors have to apply TO ID,