The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1867-09-18
STREET RAILROAD MEErINa.-The

r. STREET RAILROAD MEETING.-The
stockholders of the Evansville Street
Railroad Company met yesterday
in the Office of John J. Chandler,
for the especial purpose of loca-
ting the routes of the proposed Street
Railroad All the stockholders, ex-
cept three or four, were present; and
the meeting was harmonious -
Hon. John Law was called to the
chair Mr. M. Henning. the Secre-
tary of the Board of Directors, read
the proceedings of the last meetings
of the Board, from which we. learn
that the Company by the Directors
have contracted for ninety tons of
iron with Braydon & Co., of New
Albany, at $50 per ton; also for three
of Stephenson's single horse cars,
with Slawson's patent money boxes.
at $500 each in gold; also with Mr..
! George Z Reed, of Indianapolis, for
laying the track at the rate of $500
per mile, the company to furnish all
the material, one and one-half miles
of track to be completed by the 1st
day of December. and also for gravel.
They have also purchased a growing
machine at $500, Cor growing the
rails for the reception of the iron. p
Mr.. VIM. Heilman purchased the
iron at fully $40 per ton below the
usual price, an advance of $4,000 on
the contract The action of the Di-,
rectors was unanimously concurred in.
The subject of the routes for the
roads being taken up, Mr.. Heilman
moved that the first line be built on
Main Street, from Water Street to the
Railroad Depot, which motion was
unanimously adopted. Else
. Mr.. Henning suggested Second
Street for another line. and gave CO.
gent reasons for the adoption of the
same, in which he was supported by
Mr.. Jaquess.
Z Mr.. Heilmau moved that the addi-
tional line be laid asfollows: Be
ginning at Main Street on Second.
thence down Second and Center
Streets to sLeets thence out Leet
Street and Third Avenue to Eleventh
Street, thence down Eleventh Street
to Fulton Avenue. 40 - nr
Mr.. Heilman and others advocated
this route with sound arguments.
MI. Klusman suggested that this
line be extended up Second Street to
Chestnut. lvez1ggI I8lBSsh 's ..d,,
After a brief discussion, Mr.. Fish
moved that committee of five be
selected TO confer with the Directors
aud with them select a route. The
motion was negatived by a very de-
cided majority, and Mr. Heilman's
motion was. unanimously agreed to.
90 Judge Law then read resolution
thanking Mr.. Heilman for his valuable
services in securing the iron at so low
a price, and for advancing the money
to bind the contract. i.ad
i Mr.. Henning then read 6 portion of
the proceedings of the Board of Di-
rectors, calling on the Stockholders
for the payment of 25 per cent. on
theirstockl subscriptions on the 18th
instant, and % pei. cent payable on
the LIST day of October. He also in,
cidentally announced that $40, 400 of
the stock had been taken in sums
varying from $500 to s.. 300, in shares
of 800 each, and that the estimated
cost of the road was SIS. 900 per mile.
On motion. the meeting adjourned
to meet in sixty days to take ride to-
gether on the street railroad.
Mr. John J.. Chandler. who has
taken such a lively interest in the
road, and to whose energy and perse-
verance it is largely indebted for its
present prospect of success, Is, we re-
greet to say. confined to his room by
sickness, and was unable to be pre-
sent. The only other stockholders
absent were c. r. Bement, T. j .Hol;
lingsworth and Ri. d. Allis,, and the
dBaniIhity Of action on the part of
the stock holders presages well for
the success of the enterprise. The
following are the names of the stock
holders: c. r. 'Bement.9AJ j. s. ia
guess, John J. Chandler, NJ. Hen
ming, VIM. Holman, A. Refs. E. G..
Van Ripper, Geo. B. and N..H. Walk