, 1874-04-25


ing the agreement Of the property-ho1ders along
the line to the plan adopted at Mondays meet
ing. This agreement was that the Chicago d
Southern Railroad Company would bind itself to
finish tho road, snd have regular trains running
over it in four months time, il the property
owners along the line would transfer to 1t their
subscriptions, and (when money had been sub
ec1ibed) would vary its payment. so that one
fourth Of the subscription should be paid when
one-fourth Of the road Was done, another quarter
till, the last quarter Of the road Was completed,
all the money should be paid in this way, the
means necessary for the work could be OBJ
tanned. The Assignee WAS to give bonds in
double the amount Of subscriptions. The meet
ing, with one dissenting vote, adopted this prop
Layton d Co., WIS chosen Trustee for both par
ties, and tho deeds aud other papers will be
placed in his hands.
!. The Chicago Danviue & Vincenues now en-
ters the city on the limo Of the Chicago, Colnm-
bus & Cincinnati Road, and has it's depot at
the corner OF Clinton and Carroll streets. II the
new line is built, the depot will be placed nearer
the corner Of Sixteenth street and State.
HEAVY MORTGAGE.
One OF the largest incumbrances Of property
put on record during the past week has been =
mortgage OF 9100. 900 in favor OF the Mechanics
National Bank. It is executed by Mr. Joseph 8.
Reed. son-in-law of Mr.. Scammon. Tho condi-
tion OF the bond ia, that within 60 days after de-
mand he shall repay the bank tho money he
owes it. The mortgage is laid On the Old Briggs
leases: The mortgage is dated Feb. 27, and was
recorded April %.
TIE REAI-EsTATE BROKERS.
The real-estate dealers Interested in the for
nation Of q Rea1-Estato Exchange in this city,
perfected their organization last week BY the
President; Chauncey r. Bowen, First Vice-Pres-
ident; Beldon F. Culver. Second Vice-President.
Executive Committee William Hansbrough T.
D. Snyder, Q. A. Bogue, G. R. Clarke. Arbitra-
tion Committee--H. q. Honore. G. B. Rozet,
", Il. Sampson, J. r 0linger, G. y. Weston
Saturday, Mr.. Merrill G. Follansbee uns chosen
Treasurer, and 31r. William Bowers Secretary at
salary Of $500 year. The Executive Com
mittee accepted the proposition Of the Board OF
Trade, offering them the Open Board for 81, 500
a year. Mr. B. F.. Culver WAS appointed to con-
c1ude the negotiations, and alr. George R. Clarke
was instructed to prepare mombers' tickets.
The Board will hold its first meeting Nav /.
It's members at present number forty
seven, as follows: G. R; Clarke, R. P. Lay
,fn IT, wsllass, F. Fs'Ts wsleh e. J. cf?ps5 Hts.
F. Evans, John v. Carrington, jr, c. G.
Ihayer 4 Co., y. 0. Cole, L. IL. F1eslman, ".
". Watson, Chauncey T. Bowen, Henry a.
Honore, B: Phillpot, A. Gague, G. s. Engle,
Sidney ": Seq, B: n Durham, F. 4 Bragg, s:
r. P. Blanchard, G. r. Colehour, Alex n. Gum,
James T. Kent, E. 8. Snyder, ". i. Buffers,
Chas. P. Silva, John P. Olinger, -. Good
rich. Q. F. Clark. A. 81. Simonton, Il. Whipp1e,
Q. 4. Bogue, Chas. ". Weston, B. ". Thomas,
Geo. c. Randall. Isaac Tilson, A. Lipborg l.
Co., A. J. Galloway, B. #. Slieman, s. E. Wells,
VIM Hanshrough.
BUILDING PERMITS.
The following building permits we're issued
during the past week: Monday-B. Hughes,
two-story and basement brick, 301G2, No. 815
West Madison street H. E. Sawyer, two-story
and basement stone, 25x42, Ohio street, between
cass and State streets. Tnesday-D. Barclay,
two-story and basement brick, 65x74, Nos. 756
and 1853 West Lake street; Dudley Wilkinson,
three-story and basement brick, 25x60. Rush
street. southeast corner Of Superior. Wednes-
day-Pntr1ck Carnaday, two-story and basement
brick, 22144, No. % sholto street I; Reinhardt
Nahs, two-story and basement brick, 21x54, No.
229 Twenty-si1th street. Thursuay-Hrs.
E. T. Rutter, fve-story and basement
stone, 15o3l7o, corner 2, Of Wabash
Murphy. two-story brick. 40130, Nos. 152 aud
154 West Congress street Hill, Lidcce l. Wat
kins, tvo-story brick. 66121, Nos. %, 81. and
SO Lake avenue Charles c. Fowler, two-story
and basement stone, 20x40. Ellis avenue, near
Egan. Seturday-J- u. Baker, two-story and
basement brick, 20x46, No. 1879 North Dearborn
street Joseph Roele, two-story and basement
stone, 38x55, Erie street, near North Dearborn
Benjamin Dolder, two-story aud basement brick.
22144, No. 119 Erie street Edward Waller. two
story and basement stone, 29180, North Dear
born street, near Maple