The Republican journal. [volume] (Belfast, Me.) 1829-current, 1871-04-13

This Company holds one of the most liberal chart
crs ever granted by the State OF Illinois, comforting
perpetual and ecctusie right to create Navigation
and Ifator i0accr by the construction of Dams and
Locks on the kankakee and Iroquois Rivers with
authority to issue stock and bonds fix and regulate
its own tolls within the charter limits, to condemn
materials, lands for DAMS locks, mills and water
power, to purchase and hold lands for town and city
sites, and for all purposes of manufacturing; also
power to sell, lease, or otherwise dispose Of any
part or All OF its properties, franchises, possess
ions, at discretion
When completed, this will give navigation from
the Illinois and Michigan Canal, with which it con-
meets, to the Indiana State line distance of nearly
one hundred miles in Illinois, and extending more
than seventy miles in the State of Indiana.
The fertility of this section of the country shown
from the fact that onetacentieu of the two hundred
and htytwo million bushels of corn alone raised in
the State Gone hundred and two countless, in 1870,
was produced in the three counties through which
these rivers flow, and from the peculiar richness of
the soil, it has been APPLY termed "The Garden of
Illinois,
The ertent and reliability of the Water Power is
not surpassed by any river in the State or New Eng
land, the kankakee River being adapted by nature
for this purpose, having solid limerick bed high
sloping banks, and never failing supply of water
The works are now under contract, and in part
completed ten miles above and below the City of
Wilmington, and the Company will be prepared the
coming season to sell lease Water Power for
manufacturing purposes.
The facilities for the transportation, both by
water and rail, to and from the great dslribu-
ing markets of the West. Chicago and ST. Louis
the low cost OF living the large md extensive fields
the river, at two dollars and fifty per ton, a
fertile soil, cheap building materials, saubrious
climate nat and other inducements that will be offered
Oy the Company afford most inviting opportunity
or remuneratiye investment of capital and the
employment of skilled labor in manufacturing inter
ests, which must OF necessity develop western
LoWells, Iawrences, and IeWistons,
About TWO hundred and dty acres of land are al
ready secured by the Company contiguous to its
largest W alter POWER nearly all of which is within
the limits OF the fourishing City of Wilmington
(only fifty three miles from the city OF Chicago,
whose citizens have Endorsed this enterprise by
liberal subscription to its bonds of over fifty thou
sand dollars.
This Company also ownes the entire capital Stock
(S19,500) of the "kank;tkee Coal Company with
its valuable railroad charter, and 600 acres of the
choicest of the Wilmington Coal Lands, selected by
actual test in boring, and with guaranty OF quality
and quantity.
The Company solicits investigation by manufac-
turers and mechanics of the merits OF this enter.
to make a safe and paying investment one hundred
and fifty thousand dollars of its eight per cent gold
beaing bonds, payable in ten years, interest semi
annually secured by a frSt mortgage on all of the
Companys property and improv ements; the pro-
cecds Of the bonds to be expended entirely in i'm
prOcf1nentS.
Eg- Pamphlets will soon be issued giving full par
ticulars
These bonds can be obtained of
Messrs. BREWSTER, SWEET & CO., Bankers No.
10 State Street, Boston, Mass.
Messrs. Il. L. DAY & COBB, Bankers, No. 81 kby
=, and ld Linda Streets, Boston, Mass.
Mcssrs. GEO. w. LONG St CO., Bankers No. "a
Congress Square, Boston Mass.
Messrs. j. ii, DANIELS & son, Bankers, Will.
mington, Illinois, and at The Offices Of the Com
pany.
REFER NCEs.
II. o. ALDEN, Boston, Mass.
EpW. APPLETON. Railroad Commissioner, : Penn
berton Square, Boston, Mass.
HILLS Y BROTHER, No, III South Street, Boston,
Mass.
WILLIS PHELPS & Co., Springfield, Mass.
L. w. STANLEY, New Britain, Conn.
WILLIAM I'll. OpELl, Mayor City Of Wilmington,
Ill.
D. U. CoBE, Wilmington, Ill.,
=. 5. WATERS, Company's Engineer, Wilmington,
WILLIAM GooDIN,;, Secretary Trustees Illinois &
Michigan Canal, Lockport, Ill.
W. A. GooDlNG, superintendent Illinois & Michi-
gan Canal, Lockport, III.
j. Y. SCAMMoN, President Marine Bank Chicago
Ill.
RICHARD r. MORGAN JE., Bloomington, Ill.
Further information in regard to this enterprise
may be obtained at the offices of the Company, Ne.
II United States Hotel Block. beach
Street. BOSTON, and No. l0d Water Street. Will
mington, Illinois.
30 &. z. CARPENTER, Managing Director