The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1871-10-13
From the New Albany ~sAss6asd.l
Where Shall thc TermlmWs - ?

lFron the New Albany Ssoooosu.I
Where Shall the Terminusb -?
There is not, We believe. = single citi-
zen in this city whU docs nOt earnestly
desire the completion o the Air Line
Railroad under the terms nlnned im tive
petition. PRAYING The Council ~ sub
scribe e3OU,UOO 10 the stock Ut said rOSd,
which terms, SD far ~ tie railroad com
pamy is concerned, made irrevocA-
BILE. 49,
Now what are these terms? BY re.
fc1rimg to the petition, aud the accept
ancc thereof by the Railway company,
both Of which are recited in the prc-ssu-
BILE to the ordinance making the sub
scri .ytion tn the capt. Il stock Of the Air
Line rad, the ler.ns aud conditions up
on which the city look stock in this
roll, will he found to be, first, that the
terminus al; the rad shall be in this ci.
IS; second. that the depot, machine
shops. etc. slrtil be located in this city;
third. that no lateral branch by which
trade Or travel might Oe diverted nom
the city, shall ever he allowed to tap the
main stem within ten miles Of the city:
fourth, that The above ssipulations sh&i1
constitute an irrevOcable contract BE-
tween the city and the railway compa.
nv, subject to be s.rtm gpd only by 4nd
with the consent O. thu Earn. moi COun.
Gil.
Upol these al,ia'y s'a'ed md fully
un lcrs,uol ;crris. line People o! this city
were almost 4 unit i. .avOr Oi tile sub
scription IN ,de IL his r,n !. The bonds
OF the city TO the s:uoamt q: 1301,O0D
were. issued in .cvor.ltnc with the
An> 80 - .>,pk 80 A1.a 40
dinIncc and preamble mcatiOncd abOve.
Thus the utter now stands between
the city aud the road. the contract still
nnrcvOked. and irrevocable, except bv
the consent Of the Council. the railway
company having no legal right to change
one letter Of this obligation.
SO far, all right. But will the terms
of the contract remain AS they werr
male? Ii they do the city may con-
gratml,tc itself upon the prospective
investment in the Air LIN. railway
stock.
But the railroad company have made
a contract with Louisville, which d.
rcctly conflicts with its o. Obligations -
this city. BY the terms Ut The ssri;.
nance, in pursuance Of which LOuisville
SctCl SVOOSVIV W Az OtVCeV = Us OOsS
it's terminus Is to be In chat city.
This road cannot a ' but two termi.
nal points, hence as -. Louis Is one. |
either this city or Louisville will be the
other. AS the Western terminus IL set
tied, the question nDw il rs tn the East
ern terminus. New Albany hAs Doidi
SO O,OU Tor this terminus aud LOuis-
vile has paid $5OO.,hM Tor Il. II the
amount paid by tlr.se cities cut any fig.
nrc in the settlement Of this question, Q
course it will be decided IN favor or our
Kentucky neighbour. II 80 happene.
however, that this city. already posse:.
scs dcjurc and defact0 the terminus OIL
this road, which ia on State street This
terminus cannot be removed one foosI
further East, without the sanction OF ourI
Common Council. ~.
Suppose the Council, looking e the
best interests Of New Albany, should
consent to any change in the terms
OF the original contract, what would BE-
The legal effect il the company ehOuld Vi.
olatc the cOntr vt aud run its road 70
Louisville? tbs raisesa question which
VIII involve much litigation. Il SEEM
10 be clear that the city could oct uP ~
legal defense to an action to recover In.
tercst and principal Of the bonds, al
breach Of the contract under which thev
were issued. aud a failure OF the consid-
%criiioh which inlnced the city TO Issue
i'ie<c hoads. The fact that every howd
has pii |, ed ~ II. the date and title OIL
i"e 90 iinlnre containing the s~tipulstions
ullrr which II wis 49,, 4. tn. u..ga oil
an INNOCENT holder would not avail, as
each bond contains the iotice necessary
to defeat such, Drt.
BE this Is it may, the question wheth.
or New Albany snail be. rs It now is,
the terminus OF This important railway.
addresses itself to every taxpayer. I'LL
Is a question the Com non COuMcil must
decide in . short time, and how impor.
tant II Is to decide il right. The FUTURE
OF this city is largely involved In this
single question Of terminus. |,
AS We regard the completion Of the
road a certainty, no matter which cityl
is made the Eastern terminal point, we
can sec no harm now In calling the a..
tcntion Of the people to this Important
matter. W. believe In the people, and
think all questions Affecting public in.
icrcsts should he submitted TO them. |.
The great trouble In this country isI.
that the public are not consulted about
public enterprises, which their funds Z
build up, as much as they should be. |,
Let this question, then, he discussed /,
shall New Albany be the terminus ofIv
the Air Line road. securing ia depot.
~ ,c'inc shops. aud other necessary Ter.
m;atl ~baildings?"