The Albany register. [volume] (Albany, Or.) 1868-18??, 1870-08-27

we nave Deen SHOWN q ietteT from IL
Thielsen. Chief Engineer Of the Oregon
& California Railroad, to Mr.. JAS. II.
Foster, of this city, dated Portland, Au-
gust Goth, 1870, which fully explains
what is desired by the Oregon & Cali
fornia Railroad Company, in the matter
of the Albany subscriptions in aid of the
road The Company wish the subscrip-
tions put in more satisfactory and col /
lectable form. To satisfy all doubts as to
the intentions of those who subscribed .
lands and money in aid of the Oregon &
California Railroad, the Company ask
lst, That the donors of land issue suit
able bonds to Mr.. Holladay for such !
lands, and that a suitable value 4. e. the
yal1e of land at the the time the sub
scriptions were made), be placed upon
them forthwith.
I'd, That the donors of money shall is
sue their notes to Mr. Holladay for the
amount of their subscriptions, payable
thirty days after the completion OF the
road to point within a halfmilc of the
Court House in Albany.
As the road viii deviate considerably
/ from an air line in coming to this city,
and as all the aims and ends of the Com
pany can be as satisfactorily accomplish
ed by not making Albany point on the
road, the Company asked of our citizens,
as fair compensation for thus deviating
from 4 straight line at a large additional
outlay Of money, that they donate the
sum Of $50, 900, y public meeting was
called, and our citizens came forward and
subscribed more than the sum demanded, !,
but with the uuderstanding-and it SO
stated in the subscription rapers-that
the read was to BE completed and in run
ming order to the city of Albany by the
1st of January, 1871. The Company
entered upon the enterprise in good
faith, and hope to have the road COM
plcted by the time first agreed upon, but
unlocked for delays in the receipt of iron
have occurred, the cost and time required
in building trestle e-work and bridges were
tAieil1ti, aux II ID 4SAISb JOh siiA
the Company, although usin: the utmost
diligence and every aid at their command
will not be able to complete the work up
to the eexaet minute required by the agree
ment. This being the state of facts, the
Company ask that these subscriptions as
sumo the shape of bonds and notes, and
that the tine be not specially limited The
Company have shown BY the energetic
hammer IN which the work has been pros
ecuted SO far, that they mean business.
Graders are at work on the line between
Salem and the Santiam, getting the road
ready for the iron 3butments and piers
are being constructed at the crossing oi
the Santiam for the bridging ofthat river
while the framework and ivon Of the
bridge Is being constructed at the Com
pany's shops, and will, as soon as the
road is finished to Salem, be shipped te
that point, and from thence to the San
tam will be carried by teams, so that the
bridge will be ready for crossing train;
as soon as the track is flushed to tha
poiut.
We suppose that those who signed th'
subscription papers, did it with the ful
and honest understanding that when th'
road was completed to Albany, the.
would pay their subscriptions. This be
r ing the case. they will just as freely Civ
: their notes for the same amounts. 1t is
: question of life or death to our city
. the railroad leaves US, it will take man
e a year to recover from the blow if
,, comes, it gives our city new life aud vi;
Is or, aud will more than repay the outla
&c in the general prosperity and the inerea
8 ed value of our property.