The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1869-11-16
fH& u 50 D sEfognRIE =
Street Railroad to CentreviiIe.


The following extracts are from the
report of the con- mittee of investigation,
made to the meeting Saturday evening,
Nov. 9th After stating that the City
Council OF Richmond is disposed TO
grant the right of way, and secure to
the r. r. very favorable franchise;
Town Council Of Centreyile was equal
ly liberal; that owing to the absence Of
the President, they were not able to re-
port definately from the Turnpike Co.,
the report proceeds:
Finding no distractions rs to the
right of way, your committee proceed
ed from the most reliable data at hand
to estimate the probable COS, of inateri-
al and labor in constructing the road
with the following result: -sk
Cost Of iron, IT. rail weighing say 22lbs per yard,
for six miles with liberal allowance for turnouts'
Cost of Ties ...........'......'.. 3 COO
Cost fIabor, in grinding, laying track, and : !
balasting many cars. -. Is 600.
EQUIPMENT.
Cost of eight cars $1,000 each... So 900.
" sixteen horses and harneas
1925 eaclI.. .-.............. 49, 2 600.
Making the total cost OF the r,Ad and 1&
equipment ;. $40 500.
In anticipation of the future wants Of
the company, your committee would
suggest that the limitations Of the char
ter be so made to extend, as to admit
of the Company running over any or all
streets that might be desirable in the
future in the city of Richmond, and the
town OF Centreville; and further, that
the Company have the privilege Of u.s.
L.. Il Al oa1r
and adopting such other measures
as common prudence may dictate, for
your committee is impressed with the
belief that the time will come, and that
at no distant day, when this will become
wealthy and growing COZ operation, and
when it will be difficult to buy dollar
Of this stock even at high premium,
at which time parties whose interests
may be antagonistic to that of the cor
pOratiOn will seek to curtail it's inhu-
ence and cripple it's franchise.
As to the feasibility of this road your
committee entirely agree. The grades
are not difficult. The road bed is hard
smooth and easy TO be adapted to track
laying. The direction and location OF
the turnpike is such that is confidently
believed that there VIII be little or no
obstruction 20 the running Of cars In the
winter from snow and ice. When we
consider that there are not less than 3d.
600 people directly and indirectly inter
ested in the construction of the road
and note the wealth and luxury that ex-
lists on every hand, tic feasibility O.
this enterprise can not be questioned
In less than twelve months, every fool
of this road cal he built AID pat in per
feet running order.
The report then recounts al length
the advantages accrning to the three
classes crested, viz: the citizens o
Richmond; of Centserille; and thosf
along the line, and speaks in glowing
terms Of the improvements which will
speadily follow. ~
In regard TO fears that the receipts
will not pay expenses, the committee
says:
In reply to this, your committee ha:
only to say that since their appoint
ment, they have received proposition
from a responsible party to take tht
road after it is finished, furnish tbs
equipments and operate i. for five years
without cost to the. company. Although
we By no means advocate this course
VIC uiinS lhc '''et ioi H.io 70 SAo" .tht
feasibility of the plan. In conclusion
your committee would suggest that inn
mediate steps be taken TO effect per-
manent organization with u capital
stock Of $50 900. with the privilege Of
increasing it as the demaad may Ye-
qure. zs ,esa fo4
The following persons were appoin-
ted committee TO procure stock, and
-.
call ID Getting when sI00o0 are sub
scribed; Sylyanus johnson, L Meek
DIR. Woods, c B Johnson, w A Peele
of Centreville. HupI MAXWELL T C. Rat