Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1873-03-19
.rrivals and Departures.
INTELLIGENCE
Our Only Reliance.

Governor having at last vetoed
humboldt and Colorado Railroad
hd the Lincoln and Nye county
lies in aid of the project, we
but one franchise left, which, for
der, he has approved, on which
D. rely for T. .ilrotd comInunira-
iiihin the ensuing two Years.
ave not Il copy OF the bill eX-
the franchise of the Eastern
fa iilroad Company; and it is
hown whether it was the Senate
hich pissed and was approved,
Assembly bill for the same
>Se. There are important differ
between the two; for while the
bill provided that the bonds
counties Of ElkO and " hitt
Shall he issued to the company
f'giit' in aid of their enterprise,
Assembly bill contained Il
authorizing those counties
loan' their bonds to the
fny, taking a mortgage OH their
rty as Secur tv for the payment
IN principal and interest. The
nation we have received from
Interested in the ElKn road j.
effect that the Act allows the
customers OF each county to is
e bonds to the railroad compa-
~ To such cNtant, and in such
rtlnn, AS the progress of the
Elll warrant-that is to say, at
pmpletlon of ca IN section OF ten
bonds to an amount equal to
pine proportion of the whole
the ten miles will bear to the
length of the road between
and Hamilton are to be issued
company. Tins is much better
me Issue of the whole amount at
"h the completion of twenty
Il, IN the bill which has just
vetoed. 1t is obvious that the
any Will not receive the entire
~ until the road is finished. the
nelng ISSUED III installmentS ON
Pmiletlon of each ten miles. The
'nV must also have iiftv miles
Ead completed and i'm running or
itnih about l6 months from this
Another obligation which the
" Owners Of the franchise can
c't'e Is contained in the memo
~ vi agreem mt transferring the
,iNe from the hands of the old
'hF To those OF the new bv
sreement the present holders
Commences the bona file
OF construction at Elko
10Th OF A,ril proXimo, or IA
ture OF the franchise then en-
"nI me same will revert to the
sai holders. 81 that we have but
moilh to wait, in order to see
nr the present owners of this
"ise intend to commence the
or forfeit their privileges.
uii'her Il Salisbury, the stage
t.ofs' John w. Kerr, of Salt
t"nn ii. and E.. b. Mott (of the
Mot, Fish Il Co.., and John
"H.on' are some of tile parties
i'Ss Interested i'm the prose-
"n'. success OF this work. We
'ecelVrd assurances from some
rse parties that their eXpectation
'hev Will be able to complete
|h within eighteen months. and
thhne same in operation. Also,
Inc road will be made to an
eureka within fifteen miles.
elnlore, that they can assure
~;PP'e or Eureka that a branch
y, ne built from this town to
n Win the main line, a. soon
noo 'f..er reaches IA point at that
ron here. This branch can
raII'ructed, we believe. under the
aI laws of the state the ri,rht "f
% i"Hash this county being first
rs rom the County Commits
Ehed terminus will thus he es-
m IN Eureka. which will be "A
HI which a vast amount of
ana passenger traffic will he
W. n' the surrounding dis
Fab,a nave thus spoken of the
bae features of the Elko fran
NJ ~'aus 1t is the only one now
te,, OF which we can sneak i'm
utlnnoi probability. The nres-
brap;Mc ior a railroad is certainly
NV thS, .he great drawback be-
.untu me taxable property of
pcati, VIII not he Increased bv
will OF any portion of the
Very u county limits. But
assurance of the COM