Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1876-05-31

eTtedtu have absorbed every dollar that Nv IL
meanr. TAR or foHl. could be raised by The Iir.J
elors~. up0n~ alsy Acctri.y. At their cuuapaas1
wne.neI s'ock Or honds. md the road would 81
sH* mpod VIII Load ~ DOH which would rel
ger the prospect that the stock holders wont
ever St anything for tAeir stock inyestmen1
ESetrfc.ay nopelesr But II the Directo1
entrusted to them In the samc honest and nrrf
Gent manner that suck men conduct their owl
ourinees. their course Of procedure would IL
some.ning IKE thif They Will not incur AMI
expenditures IN construction. or move a shoy1
iu' oI earth until the mean. OF con n ructing tS
ROAD bed lie provided. or so far secured hat fhI
VIII oe certain to be forthcoming whenever tho
HAY pc needed for that purpose; 40 tl.St tber1
Iay pc ~ reason 70 apptehend that when ,i1
ioru ool - partly hnishcl. the means wi 4 all II
eNnanKea and he company have worthles{
4. ,.s Iohubtu and no means to complen
=. 1au me Whole thing prove miserable failun
arg az the expenditure a total lo.s. They viii
Aho AXE care tho right Of way IL secured by dd
naucn OF purchase. over the whole line. be- or)
Any work IL accomplished and Ybeteby a 4
lawsuits and controversial. be avoided rbc1
VIII lake care that competent engineer Il
placed IN charge OF the whole work whose iIJ
,S,.'. arove snspicion, whose industry and
sasrny snail be antirng, whore Judgment ID
ioeation ahd construction shall DC 81 higi
o'oer, ana finally. who will he satisfied with
,asuhapc compensation and no steAiings Bul
soose al u viii be III cir constant endcayor II
p.ov.e mat every dollar expended shall fuT
n a:1h ~ tue Company full dollars work Tbi6
VIII OF course depend very much on Inc .ngt
s'ser, Dht the Directors can accomplish ycry
."uch Va thir way by avoiding extrayayapt COR
t'h.,r, III which there Ia a TIRE mark n TOT
ponls. and generally by letting very small
.,nn'ae's or by hiling men directly to work nn,
vet INC direction Of the engin, ,r or hts assls
anu There Is no reason why Ia this matt OF
.'c company shoHld not save the profits thai
"ie generally made by c.ntr actors And nual.
y, me directors should take cnre that the
saesit OF the company rhoud never be impaired
~ ia'nteu That no engagements should be
49, .o .na. cannot be promptly met, ana that
10 creditor. laborer, mechanic or contractor
snonld ever be postponed a single day In the
.tiuc'pt o. his just dues. IT, Is upon the suppo.
1i'lo" that The affairs Of the company viii con
.S.uu upon tlese princ'pies that The fpllOwin z
"'e VI me cost oil the road IL submitted
Ah9'heerihg-- until road is completed, 81, 900
Right OF way--61 miles at $3.50 per mile, rs ,0s0
Salaries Of officers aud agents-a years, 600
once rent, printing, stat'y and incidents 900
E excavation and embankmeut of frat Il
miles at $1,000 per mile, lo5 o0o
Excavation and embaBkmcnt Of the hal
ahce' say ~ miles at $a,00O per mile l0l 900
AAsonry In culyeris ard bridges, 20 600
Wo bridges oycrW isconsin River $40 600
chc priaso over Barnboo River OoO rs oDo
Cross ties - 2i00 per mile tau OF inches
rom & ntre to ccBire) ut I'm cts each IA
s?oo per mile, which Tor o. miles IL GO ZOO
snperrtruction. including IS TO- iron ra,is
sp'kcs hsh plates and bolts. frogs switch.
.s. sidv track, truck laying &C at $1,000
Wv A'ne' JG9 600
..,~ S66 3sI
Add FOR contingencies, 62I