The Van Buren press., 1869-08-31
From Little Rock Gasette 19th.
Little Rock and Fort Smith Railroad

are invited until the Ist Of October, for
" clearing, grabbing, grading, furnishing
cross ties, and bridging a part of the
whole sixty miles of the road, commenc
ing on the line twenty miles from Little
Rock'--and that further proposals are
invited for building bridge across the
Arkansas river, from the foot Of Rock
street, in this city"
Mr. Warren Fisher, Jr. Of Boston, as
trustee for himself and associates, is the
contractor for the building of this road
lie has been represented here by Mr.. Jo-
siah Caldwell, one Of his associates, and
his attorney, Judge Huntington, of Bos-
ton, For the Building of the road, the
company gives to these parties all the
rights, assets and franchises of the road
The bonds and stock issued by the com
pany to the contractors, arc to be depos-
ited with the Union Trust Company Of
New York, and not to be thrown upon
the market until twelve months after the
completion Of the road. The bonds is
sued by the State in sid of its construc
ton are not to be disposed Of for less
than 80 cents on the dollar.
The first twenty miles Of the road are
to be finished during the present year.
Contracts have already been made for
mules, carts, wheelbarrows, and tools
with st, Louis house. These articles
will arrive in few days, when force Of
several hundred additional hands will be
placed on the first section of 90 miles
now being built.
All the remaining portion of the road
is to be completed within the year 1870,
and, as will be seen by the advertisement
an additional sixty miles will be put un-
der contract at once
A bridge, combining railroad and com
mon road for public use, is to be built
across the river at this place. The city
and county each will be asked to sub
scribe the sum of 100000 to the capital
stock Of the company, giving county and
city 80 year bonds, interest at the rate Of
7 per cent. This will require tax of
about $1,000 per year each from the
county and. city, to pay the interest on
the bonds. If these corporations sub
scribe the amount Of stock asked, the
bridge will be built by the company at
once without further delay.
The subscriptions Of State, counties
and individuals, are now less than $780,
600. Subscriptions will be asked of the
counties through which the road passes
Of 100000 each, payable in 80 year
bonds, and not to be issued until the
completion ofhe roaS Mrowgh said coan-
ties. We doubt lot each Of these coun-
ties will gladly syail themselves Of this
Of advancing their own in
tcrests and the interests ofthc State We
estimate the increase Of the value Of pro
pcrty along the line at not less than $50
600, 900; and we are firmly convinced
that not only will each county subscribe
the amount desired, but that private sub
scriptions will be very large.
Mr. Caldwell and Judge Huntington
left on the train yesterday for the east,
TO complete their arrangements for push
ing the road to completion at once
1t may not prove uninteresting to give
the names of those to whom the people
are principally indebted for bringing
about this grand result. At the close Of
the war the company found itself in a
condition and without the
means Of proceeding with the work. It
was reorganized and in the spring Of
1867, Capt j. II. Haney, the present ef
fcicnt Secretary Of the company, as gen
raj agent, proceeded to New York,
where after many drawbacks and much
trouble and annoyance, he succeeded in
bringing the matter before prominent
railroad men, particularly OF Mr.. w. p.
and enlisted his and the CO.
operation of others in securing the build
ing Of the road. Capt. lIancy made a
contract with Mr.. Denckla,
and finally contract with Mr. ID. W. c.
Wheeler, Of New York, for the building
Of the road Through the influence Of
these gentlemen, and few others, the
result announced above was brought
about Mr.. Wheeler assigned his con
tract to Mr.. Fisher
There can be no doubt now but what
these new contractors will put the road
through at once. Let the people do their
luty, and by January, 1871, we will be
enabled to travel over the road from
Little Rock to the Frontier City
At Il meeting of the board of directors
Df the company on Tuesday, Messrs. ID.
Il Barnes, l.. NJ Rose, and JAS a. Mar
in. Of this city. and A. j. Ward, Of Van
Bu-en, were elected directors to fill va
,ancies occasioncd by the resignation Of
Messrs. j. w. Smith, j. VI. Lewis, S. L.
griffith and Thos. NJ. Bowen.