The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1867-01-24
Proceedings Of the Board of Directors OF
fhr i. N. C r. IL. Cn.


Proceedings Of the Board of Directors OF
the I. n. c X. X. Co.
The Board Of Directors of the iowa
Northern Central Railroad Company, pnr
suant 10 the call of the President, convened
nj their office IN Iowa City, on Wednesday,
Jan. l6- 1867.
In the absence Of the President, and Vice
President Director Henry Amber called The
Board TO order, and npon whose motion,
Edward kilbourne,of Lee county, was chosen
President pro tenn.
Preseni-Directors Edward kilbourne, of
Lee county Henry Amber and O II. T.
Buchanan, OF Henry county A. ". Chilcoie,
OF Washington county W. H. Shlpman, of
johnson county !. Neidig and Adam Perry,
of Linn county,
Absent-President H. n. Downey, OF
johnson county aud Nlee-Presiaent J. K.
Lewis. Of Washington county.
On notion p A. Dey. Of johnson county,
and Mr. iLserson, Of Washington county,
were Authorized to represent Messrs. Downey
and Lewis as Directors. excepting me right
to vote.
On motion. the Directors from the several
counties were called upon TO report the
amour; oil stock already subscribed in their
respective counties
Mr.. Dew, in behalf OF ohnson county, ~
ported Sl2a, 800 available cash subscriptions,
besides some 10000 acres of indemnity
land which the people OF said county donated
TO the company through then Board OF Su
pervisors, ratisying the same by direct vote
at the last general election.
Mr. Chicote, in behalf of Washington
county, reported Se0, 900 cash subscriptions
already raised
Mr.. Amber. in behalf Of Henry county,
reported S15, 900 already raised and the
right OF way secured, in writing, through
the said county, with two or three excep~
tions
Mr. Perry. in behalf of Linn county. re
ported small amount of Subscriptions al
ready raised in has county, but could not fix
the sum.
Mr.. Chilicote of Washington offered the
following resolution. which was adopted
Resolred. That this Board deem 1t inexpe-
dent 10 extend the Iowa Northern Central
Railroad further southwark than Mt. Pleas
ant, in Henry county
Mr. Chilicote moved that committee OF
four, with Mr.. Amber as chairman, be sp-
pointed by the chair. 10 report resolutions Tor
the action and business of this meeting.
Messrs. Amber, OF Henry; Chihcote, of
Washington Shipman, Of johnson and
Perry, OF Linn. were named as such commit
tee and instructed to report al 0 clock p m.
On motion he Board adjourned NTH s
clock this evening.
Board called TO order by the President
The committee on business. through Mr..
Amber chairman. reported the following )
Reselred. i That twenty days be allowed
to the different counties to bring up their
respective subscriptions
:. That at the expiration of twenty days
there be published cal OF the Stock holders
for an election Of Directors, and permanent
organisation of the Company; and calling for
Gua nor a.ant nj tho stock 10 lac pala nm tn the
time of. and simultaneously with the said
meeting for permanent organization. Al
which time also, the Directors heretofore
chosen are required to be present.
8. That ali me subscriptions OF each coun-
tv be placed in the hands OF the local treasu>
rer Of each county; fnll copy Of which to be
forwarded to the Secretary Of the company,
and d fall record thereof kept.
4. That in addition 10 securing subscrip-
tious vigorous and simultaneous efforts be
made 10 secure the right OF way in, and
through the respective counties,
3. Ii Is tue sense Of TINS Board, that SO far
as practicable the work needed for the SAX
road, be procured in the respective COUNTIES
through which the road passes, Tor eacl
respective county.
g. That the respective counties by Their
Directors and Others present on behalf o
their respective counties, to-wlt; Lam
Johnson, w aSnlHgtDEs E1tuFS nul icC' hSiN
BIZ pledge themselves to harmoniously, ant
as a unit, Cooperate in the organization. ant
TO use our efforts TO carry into efectual ope
ration the Iowa Northern Central Rail
road and that the whole and undivided
energies of said counties are hereby pledge
10 the said railroad. and TO secure the earl.
completion thereof ria Iowa City, Washing
ton and Mt. Pheasant, Iowa.
T. That this meeting tenders to the :. Mt
pleasan. Journal the thanks of this Boar
for its hearty corporation IN this movement
and we respectfully reqaes, the papers Q
Linn johnson. Henry and Lee, to give thl
enterprise prominent, and frequent notice
and hearty advocacy.
The foregoing resolutions were unanimous
" adopted by the Board.
On motion of Mr. Amber, the follswin
named persons were chosen local treasurer
in their respective counties:
For Linn county, S. c. Beaver, Cedar Raj
ids.
For johnson county. Geo. j.. Boal, th
Treasurer Of the Company Iowa City.
For Washington county, Joseph heel
Washington.
For Henry county, L. ". Vale, Nj Pies.
ant
Mr.. Amber offered the following:
Resosed, That the Secretary and Il
Treasurer Of the company are hereby aatho
lied TO procure The necessary books, blank
s,ationery. DC, for the of the said con
pany. EpwARp ktLBouRNE.
Pres't pro tsna.
c. W. HoBAEr, Secretary