The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1875-05-20
Grated all of his constructive connee-
4. Il. AL.


Grated all Of his constructive connee-
ton with it, were taken.
Thus ends Mr.. Hinckley's connec-
ton with our road, by terms fixed by
himself, for let i. be remembered he
last fall agreed that if he failed to
build 25 miles by March 18th, 1878,
he would submit to decree fore
closing all his rights without recourse.
The long and fine fall was idled away
and March 18th found but little done,
and hardly an approach to meeting
his obligation. At the latter date
the decree was made absolute, Then
came Hinckley asking stay Of execu-
ton for thirty days and agreeing in
writing to make within that time
contract for 5000 tons OF iron, and to
deliver it secured to the company.
This extension expired the lst day
Of May. Instead OF fulfilling his
agreement Mr.. IIinckley notified the
company that he had not made any
contract and that if he did it would
not be in writing and therefore
would be without security.
This fragrant breach Of agreement
added to the many that had gone be-
fore it, confirmed the company in its
suspicion that the road was being
used by Hinckley as a credit basis
for speculation, and that duty to the
people required the certain and abso-
lutte termination of all his connection
with it.
This has been promptly and prop
erly done and the people in interest
approve the decisive and business
like action of the Directors.
At the proper time we will refer
to the further arrangements IN con
temptation for the completion OF the
lima. 1t is probable that no foreign
aid will be asked, since the finishing
Of this work is plainly within reach
of the capital of the towns interested
and can be done by local construc-
ton company.
That Iowa City would take pre-
cisely this action whenever a quorum
| of the Board Of Directors could be
secured has been well understood
here and at Clinton for two weeks.
Hincklev and his friends, on their
part, only asked further delay until
the 18th inst, at which time if he
had not made his business intentions
sure beyond question, the whole
Board would have concurred in
the action now hastily taken by
majority of one vote. The Press
grossly misrepresents and exagger-
ates the facts in regard to Mr.. Hinck-
ley's various shortcomings i'll the
past; but notwithstanding this, we
do not feel that his conduct in con-
nection with this project has been
such as to entitle him to any per-
sonal consideration from those in
terested in having the road built
with as little delay as possible. But
while this is true it is also true that
it looks very thin to pretend that af-
ter waiting on him for three years it
was impossible without great preju-
dice to the prospects of the road to
wait fifteen days longer. Hinckley
declared that he could and would
give us what we have been strug
Cling to obtain for five years, and
asked only fifteen days to demon
strate his good faith. Should further
extended delay and vexatious litiga-
ton now ensue, as it most likely will
do, the virtuous haste of our Iowa
City brethren will have to stand the
blame whether Hinckley was truth
full in his latest representations or
not The following extracts from
other papers should be read in this
connection:
Active work has already COM
menced on the above named railroad.
Track laying will begin about the
middle Of next week. The Joliet
Iron Works are making the rails,
and the first shipment will probably
be made Oh Tuesday.
The road bed as far as the Wapsy
is ready for the ties.
The bridge at Mill Creek will be
put in at once, so that track laying
will not be delayed when that point
is reached.
On Tuesday or Wednesday grad
ing will commence in Scott county.
Messrs. Wallbaum and Bridges,
the contractors under Mr.. Hinckley,
have been here during the week,
getting things in readiness for &C
tive work.
Mr.. +. E. Hinckley spent Wednes-
day here looking over the situation,
and giving directions generally about
the commencement Of work.
The indications all point to real
business. We believe business is
meant Clinton Age, 14h.
1t is understood that the members
of the Board opposed to Mr.. Hinck-
ley are favorable to placing the en-
terprise in the hands Of John l. Blair.
In this event the Southern will in
tersect the Chicago & Northwestern
at Stanvood, some twenty-six miles
east of Cedar Rapids, instead of
making an independent connection
at Clinton. This is probably the
reason which induced members of
the Board at Clinton and east, to re-
fuse to 60 into the Board meeting,
and thus nrAvent n uuorum Cedar