Mower County transcript. [volume] (Lansing, Minn.) 1868-1915, 1881-03-23
st. Cloud, Mankato & Austin Railroad.

81. cloud, MankatO Il Austin Railroad.
AT the session Of the Legislature of 1877!
a special act was passed reviving a gran
Of swamp lands made in 1865 10 the ST
Cloud and Minneapolis Railroad Com
| pany provided it should consolidate with
the Mankato and St. Cloud Company
1t may be said, by way Of explanati on
that the former company, by its original
charter, is authorized TO construct several
branches to each Of which swamp land
grant attaches. A number Of attempts
have been made during the past two
years to bring about this consolidation
but without success until last Thursday
when d meeting of officers and leading
stockholders of the two organizations was
held at the Merchants Hotel. Tie St
Cloud and Minneapolis Company was
represented by Mr.. J. P Wilson, its pres
ident, who had control of the charter, and
Mr.. Sidney Mills, both of Minneapolis
Messrs. Gilman, BonHiwell and Baker
whose main interest was in the second
company, were also stockholders in this.
The Mankato and St. Cloud Company
was represented by Senator Bonniwell
OF Hutchinson, the President, and Gen. j
H Baker, of Mankato, the Secretary, and
by Senator Campbell of Litchfeld, Sen
alor Officer Of Austin, and Lieutenant.
Governor Gilman, Capt. Collins and w
3. Mitchell of St. Cloud, and other stock
holders. Almost the entire stock of both
companies was represented personally 81
by proxy. Messrs. W. P. Clough and r
b. Galusha, of St. Paul, two Of the ables,
railroad lawyers Of the state, were present
to draw up the necessary papers. The
consolidation was then formally made
whereby the "Mankato and St. Cloud
and the minnesota and Iowa Midland
Railroad Company, branch of the Min
neapolis and St. Cloud Company" were
merged in one company, to be known o.
the ST. Cloud. Mankato, and Austin Rail
road Company; with 4 capital stock Of
So, 000,O0 to build and operate railroad
from ST. Cloud via Mankato to Austin
the principal place Of business of the
company to be at Mankato. The frs
Board of Directors is composed as fol
lows: G. A. Gilman, N. p. Clark, St
Cloud; W. NJ. Campbell, Litchfeld: w
T. BonnlweIl, W. ]. Ives, Hutchinson; J
Ii. Baker, J. A. Willard, Mankato; w. H
Officer, Austin; j. P. Wilson, I. Atwater
Minneapolis; L. Emmett, Ortonvile. The
executive committee is: w. T. Bonn1well
j. II. Baker, e. A. Gilman, j. P. Wilson
and W. IL. Officer. A meeting of the BoarC
OF Directors has been called for March
-, at the Nicollet House Minneapolis
when new stock will! be issued to the stock
holders entitled to receive it. Five hun
dred shares will be issued, four hundred
going to the stockholders Of the old Man
kato and ST. Cloud, and one hundred tc
the stockholders of the old MINNEAPOLIS
and St. Cloud branch.
This consolidation, which has beer
greatly desired by the friends of the
Mankato and st. Cloud road for long
time, is of much importance, and put!
the new company in condition to secure
the early construction OF the line the full
length from St. Cloud to Austin and still
southwark to the boundary line of the
state. At least three of the most power
full and vigorous railroad corporations OF
the west are DESTROYS TO secure the rights
and franchises of the company with {
view to building the road and something
will he done in this direction before long
we are confidently assured. st. Cloud
JournolPress, March 10TH.
CONSOLIDATED RAILROAD.
A meeting fully attended by the parties
in interest, was held at the n icollet House
last Saturday, to perfect the organization
OF the above compauy--a consolidation
of the Minneapolis & St. Cloud and Man
kato u St. Cloud companies. A large
meeting was expected, because of the
variety of interests to be consulted, bu
the difficulties when presented soon van
ished, and the labors Of the meeting wer,
early aud tremendously completed. The
consolidation having been agreed to, and
made, the following directors of the new
company were elected:
The Board of Directors are the sam
as published in the article above from III
Journal Press
The directors then met and elected tn,
following officers:
President-W. T. Bonniwell.
Vice Presiden;-J. A. Willard
Secretary-J. H. Baker.
Treasurer-N. P. CLARK.
Executive Committee-C. A. Gilman
J. II. Baker, W. T. Bonniwell, W. Fl
Officer and j. p. Wilson.
Several of the directors, intervit we
last evening by the Zribunc's represen
alive, were positive in their assertion
that the interests which have been unite
in this consolidation are strong enoug
10 ensure the early building of the pre-
posed railway from St. Cloud to Austin
and they say it will be built. A swan
land grant IS possessed by the company
which ]apses unless completed within
year or two. 1t IS understood that tn
Illinois Central, which already owns
line to Austin, is at the back of the pre-
ject to build north or south line throug1
the state, touching at st. Cloud, Manka tc
and intermediate points.