Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1869-08-18
NASHVILLE AND CINCINNATI Rail-
. ROAD.

NASHVILLE AND CINCINNATI RAIL
ROAD.
The HarIsville Videite il still enthusi-
astic upon the subject of building this road.
10 that paper of the present week we find
the following statistical information:
This road il known in Kentucky az the
Cumberland and Ohio" and 10 Tennessee
az the Nashville and Cincinnati" railroad,
and has ample and liberal charters from
the Legislatures of both States. 1t is to
unite with the Louisville and Covington
road just north Of Newcastle, 10 Henry
county, Ky, and IFS southern terminus is
Lebanon, Tenn. 1t passes through eleven
counties in Kentucky, viz. Henry, Spen-
Ger, Green, Washington, Taylor, Nelson,
Metcalfe, Shelby, Marion, Barren and
Allen, the entire length in Kentucky being
about one hundred and fifty miller
The Kentucky charter authorizes the
subscription Of stock by vote of counties
and in accordance with provisions of the
charter the vote of the people has been
taken in the following counties and they
have subscribed the amount set opposite
their names in this list:
Allen county has voted............$30O,OO 900
1aylor..'...s. ZoO,OOO
Maflon....''.-''.'...,''.' 3OO,OOO
washington .....-.-'.......'''.......... 4UO,OOO
Besides this, there has already been
private subscriptions mostly in Allen and
Henry counties) amounting 10 100000,
all of which taken together makes an
aggregate stock subscription ozone million
three hundred and fifty thousand dollars,
and this too within fifty days after the or.
ganizltion of the Board Of Commissioners.
Since that time Green county ION the 81 of
JuIy) has voted $500, 600, and there is vet
to vote districts formed from Henry, Nell
son and Metcalfe. One hundred thousand
dollars is also expected from the town of
Lebanon.
The above amount will be more than
sufficient to complete the grading, bridging,
masonry and all other work on rOadbed,
and if necessary after this the bonds of the
company will command ample means to
complete and equip The road in first class
style.
These are facts, plainly stated, with no
exaggeration, and the practical business
man can lake his pencil and make the
figures for himself and be convinced that
we have stated the proposition in exact
accordance with the facts. This is positive
evidence that the people. of Kentucky are
both willing and able to build the road
They have commenced the work like INTEL
ligent men who know their interests and
who understand how to increase the value
of their property and improve their COM
mercial facilities by the use of legitimate
means.
The building of the road from near
New Castle Kentucky to the Tennessee
State Line may now be considered as
certainty. The Kenluckians possess the
means and their actions prove that they
also possess the intelligence TO perceive
the vast importance of the great thorough
fare and they are determined to secure its
benefits.
Tennessee has only thirty-six miles of
road to build in order to secure the early ac-
complishment of this great enterprise, and
its charter guarantees State aid to the
amount of SIC, cooper mile besides 500 900
to build bridge across the Cumberland
near Hsrtsville; but in order 10 secure the
aid of the State it is required by the charter
that 800, 900 shall be raised by private SUBJ
scription before board of directors can
be elected. This stock may bs subscribed
in money, work, material or supplies, and
our people should by all means secure the
benefits of the charter by promptly sub.
scribing the amount required.
As soon as The 100000 stock is SUBJ
scribed, then the subscribers will choose
a Board of Directors. These directors
will then take charge of the road, and
manage it according to instructions of the
stockholders. The charter provides also
that "the Directors shall not call for more
than 25 per cent. at any one time, and
then not until after thirty days notice"
Wilson county will take 5000, 900 stock, and
application will be made TO the Legisla-
ture when it meets lin OctobeT) to author.
ize the directors to lay off districts on
each side of.lhe located lines of the road
| and take yote of the citizens in the dis
tricts, and in this way the required amount
of stock will be taken, and that, too, by
those whose lands and other property
will be benefited by the road.
The Nashville and Cincinnati road is a
great commercial necessity to the people
| of Macon, Sumner, Smith and Wilson
counties, and it must be built Every
young man in the country should labor
for its success, and every old man should
subscribe literally, because in a pecuni-
airy sense, it is the best inheritance he
| can leave for his children. 1t will place
our farmers upon equal footing with those
| of more favored sections. 1t will furnish
new sources of wealth and stimulate all
classes to renewed industry. Ii will re-
vive the hopes of the Respondent and ex~
ercise moral influence which will restore
to our smiling valleys the peace of former
years, and the proud sense of honest indie
pendence which has been in the past and
will be in the future a distinguishing
ohnrn cinriaiin Of The 1NnInnfear SfaIen