Nebraska advertiser. [volume] (Brownville, Nemaha County, N.T. [Neb.]) 1856-1882, 1869-12-16

-e,a.e
u. S. GRAET,
From the Quincy Herald
Quincy, Missouri and PnefRc
Railroad.
At q meeting of the officers Of the
Quincy, Missouri and Pacific railroad.
held at the cOmpany's Office Yesterday.
1t was deemed advisable to call q meet
ing of the directors and citizens OF
Quincy in the evening to take into
immediate consideration matters Of
pressing and vital interest 10 this
enterprise. The result was the as
sembling last night Of the officers and
principal business men and capitalists.
of the city to hear reports from the
secretary and others who have been In
Missouri for the past two months en-
gagged in soliciting subscriptions and
advancing the interests of the comma
ny, and to learn the present condition
and prospects Of the impOrtent work.
Statements were made by Presidents
Savage, Geo. s. King, secretary. b,
Nj. PTentiss, Mr.. WOOdruffand others
to the effect that the people Of Nissou-
RI were doing their duty and manifest
ing thorough interest in the enter
prise. County and OBSERVATION-DISCLOSURES
tiOns, aggregating 81 5000 had al
ready been secured, and could be nos
itively depended upon and 10 was be-
lieved that the amount could and
would be increased to 8, 1000. 600. In
every county and township where
propositions have been made in behalf
Ofthe road, the people have responded
favOrably, even in sections where the
feeling at first was adverse to the rO0te.
The people all along the line are en-
thusiastic in the interest Ofthe eOnpR-
NY, and are anxious, and demand that
the work shall be cOmenced at once,
Two townships in Knox county vOts
to-day on a subscription Of S1IO, COO,
and the result can not be questioned,
The conditions of all town subseriD.
ttOns are payment Of One-third when
the line Is located, and another third
when the contract for grading the road
through the township is let giving
the company twO-thirds Of sIe sub
scriptiOn before they have to eEDend
dollar. Mr.. King stated that when
once work was commenced, the pro-
perty-hOlders and ca italists along the
line were ready and anxious 10 make
observation-disclosures subscriptions. There
is also fair prospect of the company
receiving state aid from Missouri to
the amount of $1,000 per mile. The
matter had engaged the serious atten-
ton of the officers and prominent
citizens OfMissOuri, and it was believed
that this valuable assistance, amount
ing to more than 81 600 600 would be
obtained. This, together with the
amount which would be raised by
subscriptions, would be more than
sufficient to grade and tie the entire
line of road. 1t was the opinion OfalI
who had been into Missouri, that
when work was commenced and the
people had an assurance that the COM
pany were in earnest, the subscriptions
already voted could easily be doubled.
Itwas the opinion of both Mr. King
and Mr.. Prentiss that If active opera
tiOns were postponed or delayed that
the success of the road now within the
grasp would be endangered. The peO-
pie in Missouri have been waiting and
watching, and continually ask when
work is to be commenced, and when
Quincy intends to move in the matter.
BY delay of six or twelve months
JAAC AAACAAAo VI bAAC IOtu WOuAu AUoG kLlEAE
interest and would move in some other
direction. The only difficulty that
presented itself against an early COM
mencement of work was the want Of
money to build the first eight miles
OF the road from West Quincy 90 Fa-
bus river. Until they reached that
point no assistance could be obtained
from township subscriptions, as the line
runs through a country from which
no assistance could be asked or expect
ed. Could asufficient amount be raised
to grade the road to that point q sufIi-
cient amount could then be obtained
from the townships and counties TO
carry the work on to the end Ofthe
line. If the amount could be secured
the contract could be let and work
commenced inside of ten days. The
subscription Of $500, 900 by the city
of Quincy could not be made available,
in fact could not used for any purpose
until after the meeting of the legisla-
ture next winter, and their issue legal
lied by that body. For purposes OF
building the road 20 Fabius river this
subscription was not available and II
work was postponed until next winter
the road would be lost. The officers
and diFectOTs proposed that the BUSH
ness men and capitalists Of this city
advance the sum of $50, GOO, taking the
obligations Of the company for secur-
ity, and with this sum the work could
be Immediately let and work COM
menced at West Quincy. It was prO-
posed that the citizens subscribe the
amount and take the bonds to be Is
sued by Quincy at a discount Of twen-
ty-five per cent. therefor. At the
suggestion Of a prominent citizen the
officers submitted the plan Of Feeeiv-
ing subscriptions as a loan, givingthe
obligations of the company 20 pay the
same with ten per cent. whenever the
bonds Of the city are legalized and can
be disposed of. Books were opened az
the meeting last night and the SUBJ
scriptiOn started with q respectable
showing. A committee was SpDOint-
ed TO visit the business men Of Quincy
ana lay the matter before them and
solicit assistance. The committee viii
commence th,ir work to-day and Il is
to be hoped the requisite amount will
be raised Immediately so that work
can be commenced within the next
thirty days. The importance Of the
road To this city, its business and It's.
future cannot be over estimated, and
when the prospects are so encouraging
for success it is time TO make a deter
mined move that will result in the
early construction and completion OF
the entire road.