The state rights democrat. [volume] (Albany, Linn County, Oregon) 1865-1900, 1880-02-27
nAaLneAn noon.
A Marrow ssaage ssHiIroaa g 10 nalIi
Throash Linn ConntS.

that y fallfoau enterprise " now on
foot, which, if carried to successful
termination, will be Of great benefit to
the people residing along the foothills
in this county. The incorporators Of
the now enterprise are William Reid,
Donald Maeleay and Ellis G. Hughes.
Tho capital stock of the company is
started at 100000. The object is to
build railroad, narrow gauge, from
Portland southerly, crossing the CHS
cado mountains somewhere near the
head Of the Valley, thence to the State
limo near Goose Lake. They have pur-
chased the Dayton and Sheridan, and
propose to extend il to Portland north
ward, and southwark to Kings valley.
The 0regoaiaa says, after giving arti-
cles of incorporation
GAS will be observed by tho above
articles of incorporation, company has
been organized composed Of well.known
financial gentlemen of this city. The
purpose of the company is to construct
a narrow gauge railway 100 miles in
length, from point on the Willamette
river in Marion county, opposite Rog-
ers' landing, across the French prairie
to Woodburn station, on the line of the
Oregon aud California railroad. From
thence the road will be continued
through silvertos, sablimity, stayton,
Scio, Lebanon and Brownsville to
Springfield, in Lane county. The In
tention of the company is to finally
construct the road down the west side
of the Willamette river by way Of os-
wego.
For several years the farmers who
live near the Cascade mountains have
urged Mr. Reid to constructs a narrow
gauge railway. Several committees
last Gall waited ON Mr.. Reid and repre-
sented that the people along the pro-
posed line had concluded that narrow
gauge road was public necessity, and
desired him 10 solicit aid from capital.
lists in the east. These gentlemen who
waited on Air. Reid intimated that thor
were satisfied that if the enterprise was
inaugurated ten Per cent. of the re
quired capital to carry it forward 20
completion would be subscribed by far
mers along tho east side of the river.
After some c onsultation, Mr.. Reid
promised to represent the views ex-
pressed By these gentlemen to New
York capitalists, aud other Eastern
cities. Correspondence followed, and
at length several capitalists of New
York and Scotland have entered into a
bond, aud have positively agreed to far
nish two-thirsls Of the required capital,
with the understanding that the re-
naming one-third is raised along the
/ proposed line Of the road. Last week
certain gentlemen from Portland com.
| pleted arrangements and the Oregon
Railway Company, limited was organ
lied. This company has succeeded in
raising, in Portland alone, 100000.
This amount has been subscribed with
the understanding that the road should
be continued on down to Portland next
year, ard ultimately to be built to
Southeastern Oregon. 1t is thought
that this sum, together with the moneys
which have been offered on bonds bear
ing per cent. from those capitalists in
New York and Europe who advance
two-thirds of the cost of building these
130 miles to Portland, and the various
subscriptions to be obtained, and which
have been offered by the people along
the line Of railway, will build the road.
1t is the present intention of the COM
pany to commence operations in the
spring, whenever the subscription sheets
| along the rontc are signed. Meantime
there are 900 tons of railroad iron to
arrive here before the 10th of next
May, intended for the people Of Silver
tou, who have already guaranteed a
very liberal subscription. 1t is intend
ed to have the road graded and tho iron
laid to SilYerton by July 4th Of the
present year. From that point the road
viii be extended through stayton on to
Scio and reach the latter place before
the ID Of October. The railroad will,
it is expected, reach Springfield in time
to omove the crops. Arrangements have
also made by which, while the Central
Pacific Il. r. Co. do not themselves
agree to build into Oregon, yet they
have offered the Oregon Railway Com
pany, limited, great inducements to ex-
tend that road after it reaches Spring
field, across the mountains to the Cen
tral Pacific Railroad"
THE ETERNAL FATHRR DEAD.