The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1871-03-10
Prom the New Albany Lsdgsr.l
Air LINE RAILROAD.

d Directors of the Louisville, New Alban
n and Ut. Louis Airline Railway W
held Saturday afternoon at the gener
Office Of the company in this city. Mu,
important business was transacted. II
reports Of the President and other of
GERS Of the road were received and pl
ceS on file.
After the adjournment OF the o]
: Board, the new Board met and clecte
the following officers: Hon. Augustr
Bradley, President; J. j. Brown, ESQ
Vice President; George Lyman, Seer.
tary; Il. j. Dukes, Chief Engineer.
I We present below the reports of Il,
President and Chief Engineer:
PRESIDENTS REPORT.
To the Board Of Directors and Stocl
holders oftlle Louisville, New Alban,
ana st. Louis Airline Railway Comp
| any:
GENTLEMES herewith submit III,
reports of the Chief Engineer and Sec
rciary OF the Louisville, New ALBANY
and ST. Louis Airline Railway Conn
any. The report Of the Secretary Is 8
|MIl exhibit Of the financial status Of IN,
company at this time.
The report Of the Chief Engineer mn,
only embraces information in regard ia
the topography Of the country, and such
matters as properly belong TO the engi-
hee1hg features Of the country over
which the road passes, but contains valu-
aDIc facts and figures as to tho products
VI the soil, both mineral and agricultu.
raj, and the probable business 10 the
road after its completion.
do not think he over-estimatcs the
traffic and business that will follow the
completion Of the enterprise. The pros
pcctve business ia certainly very en-
couraginY, and know Of few works OF
similar character in the West that
promises greater yield and more flattcr.
ing Inducements to complete than the
one we are now engaged in building.
For great portion Of the distance We
Will have but little competition for the
business contiguous 10 the road. The
vast fields Of coal, the forests Of timber
ne excellent quafrics Of building stone.
ogethcr with the tobacco, corn, wheat.
lnd other agricultural products. " I'll tax
ne energies and capacity Of the comp
my 10 Its utmost 10 supply rolling stock
bear those products of 10 their natu-
al market. The local travel promises
vell, while it is safe to say. thai tho
trough travel from Louisville 10 S.. /
.ouis. il being more direct tl,nn bv an,
tlier route by many miles Il, dis;,,,c:
'ill equal the through travel that is car,
led from other points upon any other
ast or West road in our State.
The town of Mt. Carmel. M. made !,
Of $5O,0UO to our road on !
'ndition that our company would con- ,
ruct That part OF the road lying be- I
sceh MI. Carmel and Princeton (iis-
nee about ten miles) by the first oft
'nuary, 1871. The company accepted c
c subscription upon the >condition h
'mcd, and completed the ten miles of :
ad ny the time required. That part r
tue road Is now being operated, aud, a
I'm glad to say, is sclf-sustaiming at the q
,rf, and greater results may be reason. {
~ looked for "a business adjacent
cretO develops itself under the natural I,
iae''ce Of the operating Of that part a
the road. :,
The road from New ALBANY 10 Prince :, s.
= distant about lO2 miles, has been Z;
TO Messrs. Chamberlain, Mathcrs & NJ
/, OF ONO. who came to us well recGIn- "a,
'nded by citizens OF that State as gen. In,
men Of the strictest integrity and di
NEST purpose Of Character, and COM pr
nding large share Of pccuniary m
lity, thereby enabling them 10 prose. n,
G to successful completion the great be
rk they have undertaken. have no s,,
nit that with any ordinary care in tho a,
nnces OF our country they W i'll be able
complete the road through Indiana IN
hin the contract time, which is tho m
I day Of January. 1873. jIo,
The work on the Knob division of thc ~,
d, which lies adjacent to New ALBANY, co
Is the heaviest on the entire line, is ra,
~ prosecuted with jealous energy. m,
favorable weather Of the winter has bo
bled the contractors TO make f;ne or.
gross with il. n,
am gratificd in being able 10 SAY thai.
line Of the road through Illinois, fu,
lch is being constructed under the Of
pices ana management Uf companies bic
anizcd in that State, is progressing as I :
Idly as the most sanguinc could ex. IN,
resident Winslow has completed fra
rnty-six miles Of his road, from ST. i'm
'is east to Mt Vernon. Illinois, upon tchi
ch the cars are now running, and is, co,
understand, doing very successful ros
l business. ~;
hat part Of tho road lying east Of Mt All,
nou, sixty-thrce miles in distance. 4
reaching to Mt. Carmel, and there IL /
ing TO our line Of road, has recently ~c,
7 let by the company, Of which Hon. I'm
'crt Bell Is President to responsible m !
y, and will be prosecuted with yigor FIJI,
II early completion. I'd
Is safe to remark that before the lat III
of January, 1919, tho entire road bv
be completed and In successful one ant
on, joining the two great cities ofIasl
isvillc and st. Louis BY direct line rio,
DAD, over which . business, / trust. M ~,
bc done rcmunerAtlvc to the capital kin
ended, and meeting the highest and r 4