The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1875-03-18
~. $. W.. Il. n.
Once More Unto the Breach.

On Wednesday at Iowa City, a NEE
ing Of the Directors of the Chicag'
81 Clinton and Western railroad, was heit
There was the best attendance of Dire
tors and others interested in the col
struciion of the road, ever since th
organization at the company. The cor
clusion arrived at took the shape oil
rcnewal OF Mr.. F. +. Hinckley's con
tract, the principal obligations Of whic'
are;
Is, Work to commence at Clinton
as soon as the frost will permit.
2l The laying of iron TO commence
at Clinton on or before the first day o
May.
3a. The completion of the road t.
the Maquoketa Branch of the Davenpor
and St Paul road, a distance of 20 miles
on or before the first day of June next.
4lh. The completion Of the road t.
! Upton distance OF fifty six miles, as
early as the first day of October follow
| ing.
| 9Th. Cars to be running to Iowa
City. a distance Of seventy five miles on
or before the first day of December
1878.
9th. To build into oskaloosa by De.
cember 3lst, A. d. 1876.
OF course the contract 10 do this
much carries with it the building of the
Pontoon.
All this must be very gratifying news
to the people of this city and the IN
habitants along the entire line.
The Directors meeting was harmon
ious throughout The Iowa City people
were found just as anxious for the road
as ever, but of course they wanted some
evidence of Mr.. Hinckley's ability to
build it, This evidence was at once
forthcoming, and then everything be-
came lovely
Two committees we're appoiuted--one
to frame contract with Mr.. Hinckley,
and another to examine into the condi.
ton of the taxes heretofore voted in aid
of the road.
The first committee made their report,
which after several hours discussion and
a few amendments, was adopted, and
the contract signed by the proper par.
ties.
The latter committee having thor
oughly investigated the subject they
were appointed so consider, unanimous
ly reported that all the taxes voted by
the townships between Clinton and
Oskaloosa, including both places, were
still due and collectable npon the com
ple,on of the road in accordance with
81 10 - - ~ ba IA
ers and by these terms no township
thus voting was thus far exempt. The
Camanche tax was not included in the
report that tax being either in or out
of court. This report the board can
vasscd quite carefully and caused an APP
prevail of it to be entered of record.
These taxes amount to about $3.50, 900.
We might add here that it is Mr..
Hinckley's intention to build the road
to Iowa City without issuing dollar oil
bonds of the Company. Mr. Hinckley's
contract also includes the equipment 81
the road-all of which he 10 capable Of
performing in accordance with the terms
! OF his contract.
| There were two vacancies on thu
bOdl u vi Ill OBlO b1AtstpHta W
the resignation OF j. A. Young o
| Oskaloosa who has moved to Kansas
and whose death is just announced, anC
| the other had never been filed Geo
Boal of Iowa City and Z. H. Thayer, o
| Clinton were elected to fill these va
| cancies.
/ The Board as now constituted con
| sists OF the following named individuals
F L Iinckley, Chicago; W f Coan
Milo Smith, L II Thayer, Clinton; w
Wolf. VIM Dean, Upton 5 J kirkwood
! c + Ransom. Rush Clark, Saml Sharp
less, Geo J Boal, Iowa City; White
South English; w I Smith, Oskaloesa.
All were present at the meeting oil
Wednesday except Messrs. Wolf ant
/ White.
Another financial crash big fire il
Chicago or Boston, or the action of til,
| clements, may prevent the carrying on
OF this contract. But unless somelhin!
/ If the kind iutcryenes our people ma
certainly expect the road to be built Il
herein stated. Clinton Age, March II.