The Hancock Jeffersonian. [volume] (Findlay, Ohio) 1857-1870, 1867-12-20
Lake Erie & Louisville Railroad.

Lake Erie & Louisville Railroad.
In pursuance of a call OF the Com
mittee appointed by former meet
ing held to take into consideration
the prospect of extending the L. E.
d. L. r. r a number of gentlemen
from along the line of the road, met
at the Crook Honse on Wednesday,
18th inst.
The meeting was organized by ap-
pointing JudgoL Greene, Of fremont,
Chairman, and o. T. Locke, Secreta-
ry. By request, Mr.. c. Foster stated
the object of the meeting, to-wit: To
hit upon some plan by which the l.
E. & L. R. r. could be finished to
Lima; he further gave it as the esti-
mate of men conversant with such
matters, that to prepare the road-bed
for iron would cost $4,000, after
the completion of which no trouble
would be found to get the road rallied
and furnished with rolling stock, etc.
After the object of the meeting
had been stated, lively discussion
was entered into by E. p. Jones,
Judge Greene, Judge Eaton, c. Fos-
ter, Judge Cory Mr.. r. W. B. McLel-
Ian, Treasurer of the road, as to how
Its liabilities stood, what relation
persons taking stock IN thccxtensfon
would bear to owners OF stock, in the
part now built, whether the bonds
now held against the old road would
be lien on the continuation of it, and
how much OF debt was actually on
the road. r.
Adjourned till 7 o'clock p. m.oe
The meeting convened at the ap-
pointed hour.
On motion, the names of the repre-
sentatives present from the towns on
the line of the road were given to the
Secretary and were as follows.
FREMONT.
Judge Greene, C. HI. Bell, VIM. E.
Haynes, VIM. E. Sheldon, S. Buck
land, P. Brush, G. c. Garfield, A.
Ball.
S. M. Chilcote, C. Foster, Benz.
Leonard.
FINDLAY.
W. II. Wheeler, j. S. Patterson,
E. P. Jones, Henry Brown, VIM.
L. Davis, Fl. P. Gage.
BLUFFToN.
j. H. Eaton III. p Eaton, r. F.
Cahill, G. Stemen w. L. Ferrall, A,
J. Owens, j. H. Fensler, Geo. Bur-
ket. t
BEAVER DAM.
Jacob Shell, Lewis Huffman, Lewis |
Jennings, J. D. Olmsted.
The questions being considered be |
fore the adjournment we're then taken
up and discussed.
After considerable dis cussion
Judge Greene offered the following
resolution which was adopted.
ResolUed, That for the purpose Of
those proposing to subscribe
to the stock of the Lake Erie d Lou
isville r. r, for the purpose Of COM
pleting it to Lima, to know the con-
dition and value of that part of said
road now in running order and the
right of way as far as it extends, and
also the extent of the liabilities of
Lake Erie & Louisville Rail Road
Company, committee of five per-
sons be appointed whose duty it shall
be,
. 1st. To ascertain the present value
Of said road as far as completed, the
value of the right of way acquired
for the road, and the value of the roll
ing stock and all other property Of
the company. /
I'd. To ascertain the extent Of the
and liabilities of said
company. - ..,.' -
Sd. To confer with the stock-hold-
ers and bond holders and creditors
Of said road as to what they will do
and in what manner they win equal
ize the value of the property of said
company with their liabilities, |
4th. To report at next meeting,
Messrs Cory, CarlIn and Foster
their willingness as stock
and bond holders to have the iabili-
ties of the road equalized with its
present value. -f i
The following gentlemen were ap-
pointed the committee to act under
The instructions Of the resolution.
Chas. Bell, Fremont, - (
NJ B. Skinner, Fostoria, 1
e. p. Jones, Findiay, edT
Judge Eaton, BlufftOn and Beaver
Dam, % g1.taloul.
VIM. Dowley, Lima. .yleIlr
On motion, this committee were re-
quessed to retire and make an appor-
tionment of the S130,000 required
to finish the said road to Luna, to
the districts along the line, the re-
port being subject to amendment at
any time. The following is the re-
port: - laf sif ~ u
Corporation of Fremont, $4,000.
Fostorla, and all points from Ere
mont to Findlay, S25, 900.
Corporation of Findlay, S25, 600.
Bluffton, (and all points between