The daily Argus. (Rock Island, Ill.) 1873-1877, 1876-06-08

G. r. Rood, Alex. Wilson, L. Z. Rice,
George B. Quigley, p. A. Brooks, p. B.
Reynolds. Eli Upton, John Denton.
The new board then organized by elect
ing the following officers President,
Ambrose Denton; secretary, John Den.
ton; treasurer, e. B. Quigley. Some dis
satisfaction is expressed at the result Of
the election by few Of the stockholders,
many claiming that Denton had no right
to vote himself and son in, as officers
This, however, is question to be decided
by the circuit court. With proper man
agement this concern can be made pay
ing institution, besides helping materially
the farmers to procure agricultural imple-
ments at a reduction from usual rates.
1t is to be hoped that the matter will be
early compromised, so that the stock
holders can realize in their investment,
BUSINESS.
The commercial interests Of Lyndon are
good and the business of the town has
materially improved of late;-although
the imperfect railroad facilities somewhat
retard the progress of this otherwise
furnishing town. At this point it may be
we'll to state that efforts are now being
|
railroad bed, from its present location to
the river bank. This will take the road
about half mile out of its present course
and would be a great advantage to the
shipping interest At present the milers
and those doing manufacturing business,
have to haul their goods to and from the
depot, whereas, it the track was removed
to the river bank this expense could be
saved, which amounts to quite an item in
a year. Several meetings have been held
and considerable interest manifested by
the citizens, who are anxious to do any
thing that will advance the business in
terests Of the town. At a meeting held
, on Wednesday evening, May 3lst, the
routes previously determined upon were
abandoned, and new route adopted, to
pass through the lands Of Moses Warner,
the BENJAMIN estate, ID. Hazard, Shelley,
: II. g. Kelly. Justice Wilkins and Others
The usual obstacles are encountered iu
this, as in most all railroad projects,
namely: the purchase of right Of way al
reasonable figures. 1t is estimated in well
informed circles that $4,000 ought to pay
: the right of way on all lands through which
! the new road bed will pass; and yet it is
! said that one man wants $4,000 for 81
teet-or virtually so, as he refuses K
give right Of way but will sell hi:
property which is just on the corporation
line, and refuses to make any concession
other than this. Other parties are equally
D high in estimating the damages, many nj
! doubt being convinced that this is the
/, golden opportunity" which does not com,
but once in lifetime. 1t is to be regretted
t that this spirit prevails, and effort:
are being made to harmonic the conflict
ing elements and arrive at some de6nit,
understanding. The proposed chang,
would undoubtedly benefit the town some
but what is most needed is an extension
/ of the G. B. & @. r. R., from Prophets
I town. This would give good route t.
I Chicago, which is the market most desir
n able to reach. There is strong feelin!
r 10 favor Of this plan aud its consummatior
!. is likely to be accomplished at an earl,
d day.
e Continued on third uage.l