, 1880-02-26

illinois Cen
consideration for which the said Company pays
to the State ut least per cent of its gross ear-
i,1cs, and under and by virtue of its ;lpprnpria-
ton, occupancy, nsc, and control, and the
preparation, occupancy, use, and control in and
to the lands submerged or otherwise lying east
Of the said line running parallel with ind 400
feea fant Of san Test Re and q com m
111ned, and al the right and title Of the
State of Illinois in and to the sub
lands md es3 of fhf fha Deq of a
brcakwater Of the Illinois Central hiiroad
Company for tho distance of one mile, and be-
castwariIy and q line extended castwnrdly from
the south line of Lot y, south Of and near to
the round-house and nlachinc-shops Of said
of City, hereby granted in fec to the said H.
1tnois Central Railroad Company. its successors
and assigns: Proridcd, ho'cccer. That the fee to
retuity, and that the said Company shall not
have power to grant. sell, or convey the
fee to the same, and that all gross receipts
of said lands, or all improvements thereon,
or that may hereafter be made thereon,
sha form Part fo Of the gr9fSs 9Ss PG paS
1llinois Central 1tailroad Company, upon
which said Railroad Company shall forever pay
into the state snauay tar m ~ the
in accordance with the re4nircmcnts Of said
char1cr: a7.d grorfdetl also, That nothing herein
contained shall authorize distinctions to the
Chicago harbor or impair the public right to
navigation, nor shall this act be construed to
exempt the Illinois Central Railroad Company,
its lessees. or assigns, from any act Of the Gen
cral Assembly which may be hereafter passed
regulating the rates Of Wharfage and dOckage
to be charged in suid hnrbor: and prorided, fur
uicr That any Of the lands hereby granted to the
Illinois Central ltltlrond Company and the i'm
provcments now or which may hereafter be on
the same. which shnll hereafter be leased by
said Illinois Central Railroad Company to any
person or corporation, or which n,ay hereafter
he occupied by any person or corporation other
than the said Illinois Central Railroad Company,
hold estate or Of such occupancy be exempt
from municipal or other taxation.
Sec. provides that
All the right and title of the State Of Illinois
in and to the lands, submerged or otherwise ly-
and south Of the south line of Randolph street,
and between the east line of Michigan avenue
and the track and roadway Of the Illinois Central
the Illinois Central the Chicago. Burlington s.
Quincy, and the Michigan Central Railroad
Companies, their successors and assigns, for the
erection thereon Of a passenger depot, aud for
such other purposes us the business Of said Com
panics may require: I,.t'rided. That upon all
gross receipts Of the Illinois NJ M Central Railroad
grounds or Improvements thereon, or other uses
Of the same, the per centum provided in the
in conformity with the requirements Of said
charter.
Secs, and require the payment by the
three railroad companies mentioned to. the
city the sum Of $50, ,ooo,-s2oo, ,ooo in three
1860. 100000 within six months, sO0, 900
within nine months, and the remaining
500, 900 within twelve months; and empower
tue city to qult-clalm and release to the three
Railroad Companies mentioned all its claims
tween Monroe and Randolph streets, which
the city may have by virtue Of any eXpendi-
ture OF improvements thereon. and in case
the city refuse to make such quit-clalm with
in four months from the passage Of the act,
then the Companies shall be discharged from
all obligation to pay the balance remaining
unpaid.
The above act Of April 16, 1869, was re-
As will be seen from the accompanying
map of the depot grounds and that portion Of
the line north Of Adams street,
THE PROPOSED vADUcr
will start from point thirty feet east of the
Randolph street, and proceed east, detecting
slightly northwards over the tracks and
turnol,ts, To 4 point about 300 feet west Of
Slip C,-tlc terminal points of the structure
being represented by the letters \ and s. In
lumber fleet The railroad tracks r1n along
the waters edge. and the facilities for mi
loading from the vessels into cars are unstlr-
passed in this city. Owing, however, to the
ter street.-the only entrance to the
slip,-on which freight-trains Of the
Illinois Central, Michigan Central, and
Baltimore 4 Ohio, and all the
cidei antipathy to moving their business
there, thus relieving the main river at Frank
lin street, because of the attendant danger to
life and limb. Hence the dock property does
comparatively little business, produces a
eompels the three railroad companies named
to send their cars several miles up the river
to other docks, which, while less accessible,
do not present the same dangers. This the
x'aduct ,, Mlli at once reHoye on it's compile;
elphatically deny that they have any ulterior
view. and that the absorption Of the Lake
Front between Randolph and Monroe streets
never entered into their calculations for one
moment. They insist that the erection OF the
tladuet vii! be entirely on their own proper
tN: and can in no way affect the riparian and
other rights now enjoyed by them. They
Simply seek to
BUILD UP A. LARGE LUMBER MARKET
in the outer haTbor, with which the entire |
system OF the Northwestern Road can have |
easy access by means Of the bridge now in |
process OF erection across the main river east !
af Rush street, thus doing away With the |!
roundabout transfer by way Of the 4.cross- |
ing" at Sixteenth street.
The building up Of this market will greatly |
relleye the main river at Franklin street, |
which during rush renders the passage Of
gran-veSsels to and from the elevators on
the North and South Branches exceedingly |
t. 59ort.!f6us, and at tin,%s decidedly danserons
IL VIII also be boon to the trade, in that |
the cars, there will be no OCCASION for towing |
from Franklin street to any of the railway
docks In this respect there. will be both 4
saving Of time as well as Of tow-bills. |
great benefit to be derived in the transfer Of
tie l'sl'ber market, and with it tie conse-
luent large amount Of lumber-piling, will be