The evening Argus. [volume] (Rock Island, Ill.) 1861-1871, 1869-08-09
Peoria and Rock Island Railroad,

While nothing has been said Of this road
publicly, for the several months past, pFIu
cipaUy, IL is presumed, because twas shown !
that It's construction was II fixed TACT, It has
been steadily progressing, until at the pres
Ell time, the grading is at least two thirds
finished, and at the end OF tha present
month. the work will be three.quarter5 done
and as far as Galva from the northern term
inas, it will be completed. The whole
grading will be finished in October, if not
sooner even than that
II was announced in this paper some time |
ago that the Peoria & Rock Island company
had concluded q contract with the Amer.
caa Central for their grade between WyJn.
IN. Stark county, ana Galya, Henry couu. /
-. There was some difficulty in peFfgct.n,
attic on account of the legal inability Of
railroad company to dispose OF q part Of is
road bed w.;AOa. the whole This difficulty /
vas oJT.ateI b. special Rgt giving the /
American Contra! company the night to dis. |
pose u, taa; portion Of the way that was
WaI.ed los tbs Peoria d Rock Island To
Lysae all certain, sud TO render impossible
81? appointment in future, the right Of
~ Was condemned by commissioners in
regular .yr,A emf deed given By the prop
u authorities Of the American Ceuira,, TO
tie Peor.a d Rock Island. This has all
Je~a accom- p ,a.d, and the grade legally in
possession OF the latter company
Contracts have been made for all the ties
aJr the road, amounting to 234,0j0, which
Is the estimated number that vii be needed.
u these $1,000 are already delivered at
Rock lslard, and 20 0OO have been deliver.
ed at this end Of the line. The contracts
call Tor the delivery Of $4,000 ties in Rock
Island, aud 100000 in Peoria. These will
10 delivered as fast as needed.
Reports have been circulated to limited
extent, that Mr.. Gable, who contracted to
IRON, stock and run the road, would not full.
ill his engagements. No fear OF this kind
Is entertained BY the officers Of the road.
There may be a delay Of few months, on
account Of the difficulty in getting railroad
iron. Mr.. Gable wants to get American
IRON, not only because he would like to pat
roulse home industry, but because the do
nestle article is better quantity than tha
Of foreign Manufacture. Orders have to be
given for months in advance, to procure an'
considerable quality Of iron. This fact ma.
delay the completion Of the road for FEY
MOUTHS UeYohu lhe tine eA peCteu' Dut III
work will not be allowed to sleep long, if &
all The contract made between the Peori
Rock Island Company and Mr.. Cab
provides that the iron shall BE laid within
specified time eight months we believe,
the fourteen miles Of road from Rock Isla,
TO Coal Valley, now running, will be fl
feited to the company. Of course it is 4
only the design, but for the interest of \
Cable, to fulfill his contract The road
be forfeited, in case Of failure to fulfill t
contract, cannot be worth less, with its stoc
than $35 900 per mile, or nearly half IN
lion of dollars. Of course no man is goir
to sacrifice that amount Of property. II
contractor is able and willing to perform Il
stipulations into which he has entered.
The President, DR., W. r. Hamilton, il
forms US, that there is 10 difficulty in d
posing Of the bonds as fast as necessary
pay the estimates. All its estimates la
been paid as they become due with sing
exception and tbs! was cleared before tn
for the following month was due The PR
poets for the early completion Of the ro
are bright, AID another season will place
in close connection with our sister city
Rock Island, and the belt Of rich and p
ductive country though which the road
laid.-PGoria Democrat dug. 5h.