The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1869-04-13

In vain task my aching brain,
In vain the sages thought scan,
l only feel how weak and vain,
az How poor and blind, is man.
And now my spirit sighs for home,
And longs for light whereby to see,
And like weary child, would come,
| Oh, Father, unto Thee!
| Though oft, like letters traced on sand,
Ny weak resolves have passed away,
f+ In mercy lend Thy helping hand
Unto my PRAYER to. day!
Railroad Meeting.
The Board of Directors of the Cincinnati Richmond
and Fort Wayne met at the Companys office in this
| city pursuant to call of the President Tuesday
April 9th. The meeting held in the Council Hall
| and President Parry in the chair.
Alarge amount of business of minor importance
was despatched when call was made for exhibit
of the available of the Compans which
be used for the construction of the road.
Parties present representing the different counties
along the line presented their statements of which the
following is synopsis. The amounts herein given
are understood to be unexpended and bona Jfde:
Wavne County.........-. -..-..--.$l33,4I3 0o
hhdnnoph haamp 50 as;aaa saa ooo ~
Aua"s ..loo,vvv ooo
Jay, guaranteed 600 90
s47s, ,s2o 90
Rideevl!e, conditional. ...... .s14s25 90
Deer6ed, Conditional $3.50 90
Either of which sums to be added to the foregoing to-
tai As either route may be selected. In addition to
the subscriptions the Ridgeve route, there has
work done already that line amounting to some
$25 900 90, while the Desr6eld route is some half
mile shorter, which is to be counted at the of
$40 900 90 per mile. strolg rivalry exists between
the representatives of the rival routes which has
shown itself throughout the deliberations of the
Board. 1t will be that the available resources
of the Company are in of the estimates of the
cost of the completion of the road which is gratify
ng fact to the mea asure.
More stock can readily be secured when the exact
line is definite determined, and also in the letting
and contracts for work, in which it will be used for
part payment
Among the gentlemen present we noticed from
Blufton Messrs Deem and S;udebacker; from Deca-
tur, Messrs. Dent, Crable, Showers, Studebacker,
Woods, Worden and Crawford; from Camden, Messrs.
Smith and Underwood from Winchester, Messrs.
Stone, Colgrove, Reeder and Goodrich; from Deer
field, Messrs. Kemp, Pierce AMI Bernhtrdt; from
Portland, Messrs. Templer, Headingtou, Adair,
Shanks and from Fit. Wayne, Councilman Cody.
Upon the meeting of the Board on Wednesday
morning the auditing committee made report allow
ing sundry accounts including the absolute expenses
of the members. Samuel Lynde, E. A. Smith and
Morton A. Reeder appointed judges for the eec
tion of Directors.
The question of the determination of the line of
road very eoquenty and energetically discussed
by gentlemen identified with the conflicting and rival
routes, and finally settled in the following man
From Winchester to Ridgeville npon the right of
way being secured to the Company. From Ridgeville
to Portland, upon Jay County completing the amount
of her subscription to $50 900 and securing the saue
and procuring the right of way through Jay County,
from Portland te Ft. Wavne on the west Of st. Ma
ry's river upon condition that the right of way
ded This virtually settles the question of the line of
the road, and brings the project up to working
point.
To the Sockholers Of tie oiaeinnati Richmond and Fort
Wayne Railroad Company and the Community IN
The Directors in taking charge of the duties con-
ferred upon them year ago, found a good many
obstacles to encounter. Such lack of ability to
make the road and the lack Of confidence generally
along the line in its managers, so much so, that a
part of the old blished line had be abandone
and new line adopted, to which end and
Inmates have been made with view to- their adoption.
The financial condition of the company I'd, with
only xs3 1885 90 of subscription to RELY upon that
considered sslvent, with debt OF from 81 900 to
$4,000 hanging Oser it. The stockholders refusing
to pay up their subscriptions without lawsuits, in
consequence of which debt is yet mostly unpaid,
and the Directors have been under the necessity Of
operstipg. far they have gone, out of their
means. We have increased the subscription up to
the present time t. S455.751 with the from
of the citizens of Jay County, that their county
will increase 1t S35. 900 more which, " hen done will
make subscription foot up $491 900. Amount
sufficient, it is believed, to warrant commencing
work again, and it is believed that we can add
enough to make the subscription foot up. by the time
the rail is conn leed S5000h0. By reference tn the
Treasurer's books it will he that there in
his hands year ago, $63S 64. Collection m ade
since, s265,85, making in all S904,49. That he has
paid nut $726 SO cents, leaving balance in his hands
at this tma of sl77 So. The amount paid out has
been as follows: Allowances n,le by the old Board
a year ago. Sl7S 50; pail Engineer his for
services rendered the oil Company, $500 90: Joseph
Wood s120 20; Lithographing Bonds issued by the
city of Fort WAYNE, 1920 0o State and County Taxes
$37 so; Stationary advertising. making Deeds,
Stamps. &c, IS CO., Expense monev to soliciting of
stock. $35 e3, making the sum of 1925 SO above
stated. The Indebtedness of the Company at this
time be set down at $l4,059 81 follows: old
debt $I2, 2,25051 Debt ed this $l.009 40 for
the following purposes: Eengineeri $3.50 00 expen
ses OF hands and provisions $425,90; Travelling ex-
penses of President and Directors $703,50. The old
debt is owing to the following persons: Degraf on
contract, ,527 10; Reeder Woods ties, 81 83l
Al; Eugineer ering $1,092; c. Ratlf for right OF wav,
$500, 90; showing the sum above stated. Signed
on behalf of the Directors. WILLIAM PARRY.