The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1867-04-12

/ ooofO oooeoo iOi edO SOhoioOldt q III
action thereon by the Mayor and
Council Of your City. 2" - ygi 81, 800 20 ~ =
II have the honor to be,
blu edi Very respectfully.Hoa
s9ffo Your Sobt. servt. / j.! 7. BoYLEdq
Prest. E., FL. N. r. r. CO. sc
iss n ipeF44-------- II io-H T.
E8f adEvANsyILLE, April IL. 1861 Il
Hon W5a!' Baker. 1Nayo,s of Ecaes-
ieptfle .sds q dDfdH .sli8 iii a5ros
S1R4In the COMMUNICATION adj
dressed to you of this date. soliciting
a subscription Of 100000 from your
City to the capital stock of the Evans
ville,, Henderson & Nashville Rail-
road, you will perceive the proceeds
of the subscription are to be exclu-
sively applied to the construction of
the Road from Henderson outward,
and it is not to be demanded or paid
until after the construction Of the
Road by sections of twenty miles.
The Bonds are to be held in custody
of some one designated by the Mayor
and Council of your City. who shall
be satisfied that the conditions pro.
posed are complied with. No part of
the subscription is to be paid until
twenty miles of Road is completed.
On the completion of each twenty
miles continuous lon the line south
ward from Henderson, $4,000 of the
Bonds are to be paid, securing the
construction Of sixty miles of Road
from Henderson. - 80. 90 ~"
With the aid asked from your city.
I feel unrestricted confidence the en-
tire line of Railroad can and will be
built to the i Tennessee State line,
where it CONNECTS with the Edgefeld
& Kentucky Railroad, making the
line complete by boat connections,
from your city to Nashville. ~ Practi-
cal business men cannot entertain
doubts of the success of this great en-
terprise. on a. consideration of the
facts. sI9isae ~ sy4es aBa
s The grading from Henderson to
MadisonyiIle, 80 miles, has been near
IL completed, and will require but lit
tie money to- shape it up and place it
In condition to receive the superstruc-
ture. From the State line to Hop
kinsyille, a distance of "a miles, the
grading is In the same condition, ma
king near 60 miles, of the grading
completed, or in forward state toward
completion. leaving near 80 miles to, be
graded, &c. .rs1s5sn5d 5,It I5t uaf8- A
The means to construct the Road
now regarded as certain, may be sta
ted as follows: .i,'., ''','i-.7
Henderson City Subscription. 500 goo 90
Hopkins Co, subscription 10000 90
Christian Co., So subscriptions. .:..;1, 100000 90
Cash, SUBSCRIBED in Todd and 100 oool =,
Webster Counties, &c...-........-, 100 QUO W
. daold asngb 9fft s8- II s75O, 900 90
Evansville subscription proposed 100000 90
r. & c. r. r., &C., relied on......... $4,000 90
Value depots, right OF way, grade 10
~ old road. o5Z,UVu w
Whole amount of subscription csc
made and relied on. ...Sl 49, 900 90
Now. the original estimated cost of
the road from Henderson to the State
line was as follows: a ~
Division No. / ready for super.
StructiOn ota,Soi III
Division No. 2 ready for SUPER
Division No. 8 ready for super
su approximation, including turn
outs. --.--.' 4, ioo,ooV W
grotal 81. IeO.749 90
Depois. 5000 90
Equipments first year..,,..,........,. 100000 90
80 aff .taHesg III s. 4o5. 74s 80
Certainly with the basis the Com
pany viii have with your subscription,
the Road can be completed through
with the. use of; its own securities.
S In addition to. the subscriptions
already made by cities, counties, towns
and districts, there is reason to be-
lieve that the city of Nashville will
subscribe s500.O00 There. are nego-
tiations with the Mastodon Coal Com
pany. and individuals, by which lands
along the road viii be secured for the'l
of the road. amountingiin
value to about $3.50, 900. 1t is believed
the. County of Henderson will make
a subscription also. to aid in the con-
struction of the road. ~ 81 gsasa
4 I do not believe, Mr.. Mayor, that
there can Beoa well-founded belief |
that the e., H & N. Railroad will motif
be built at an early date, if your City
will give the aid asked for and relied
onI ~eag ~ ,ETasge1 5vE72 H. 9G0
You will see by the terms ofnthe
proposition that for the 100000 Of