The state rights democrat. [volume] (Albany, Linn County, Oregon) 1865-1900, 1885-10-16
RAIEnaAp MEETING.
The cl.l.sn. Or A,sany rara o.. m ,ua..e.

zons interested In hearing the report Of th
Committee appoiatod to confer with en-
management Of the Oregon Pacific Railroad
Tho meeting was called TO order by Mayo
Ketchum. II Stewart was appointed Sec
fetary. Tho Secretary read tho following
form for subscription paper, which had beer
submitted TO the officers OF the road In Cor.
Wallis. aud no objections found TO IL
Considering tho necessity Of and che ad
vantages TO accrue 60 Us severally and respec
lively by the early building aud completion
Of the w. v. Il q. X. II. from It's present
eastern termiaus at Corvallis 10 the city 81
Albany, Linn Co., Oregon, and also tho orec
tlon oil permanent freight aud passenger de
pots aud repairing shops for the eastern enc
Of the Coast and western part OF Cascade Di
vison Of said road within tho corporate limit,
Of said city, and In confederation thereof
we. tho undersigned subscribers hereto, dc
hereby aesoraliy and respectively agree and
promise 20 pay 10 the said Willamette Val
10y aud Coast Railroad Co., the sums oi
money aud items OF property, rights and
privileges at the values therein stated aud
set opposite our respective namas hereto sub
soribed.
0ne.thira payable as soon as said road
shall bo running its care to n point within thg
corporate limits of the city OF Albany aud i
depot established there, aud the erection o
said permanent repairing shops shall have
been commenced.
One third payable within six months after
said repairing shops ahali have been
completed aud the work o. said Wes-
tern Division shall have commenced TO ht
carried on therein aud the remaining one
third To be paid one year after the second
payment deferred payments in money e.
bear interest at the rate OF q Z per annum.
Ia case land, water power, rights Of way.
ETC.. he subscribed aud accepted by the Com.
pany Ia lien Of money. the Company may on.
ter upon and take possession Of such proper
~ a. aoon aa said Company shall he ready 10
occupy the sano for the purposes for which
IL was donated. tho deeds 30 be executed and
left ia escrow with the First National Bank
of Albany TO bo delivered 20 tho Company
when they shall have complied with all the
requirements of this contract.
This contract and subscription to be valid
and binding so soon as the sum OF so. O00
shAll have bean subscribed aud said Com.
pany ahali have notified tho subscribers hero
20 that said subscription is accepted.
Or 30 soon a. thia contract uhall he deliv
cred TO said Company by Walter Ketehun
and said Company ahal. have notified each
subscriber hereto Of les acceptance of hil
subscription hereto, which notice, In eithai
event. % loo given within 80 days from th,
date Of the deliyery Of this eontrAct TO saie
Company.
This subscription Is made upou tho con
9lition that the said WlllamatEe Valley and
Coast Railroad shall be completed from Cor
wallis 70 Albany aud said psrInanen
repairing ahops aud depot erected ant
completed within tho corporate linits Of th
city Of Albany on or before the lat day o
October, 1857.
Vice President Nash, being present. wa
called for, and made SONS very pointed. an,
interesting remarks. the substance OF whic
was about a. follows
THO road bed is now laid with heavy stce
rails from Yaquina % Corvallis. The equa
OF the locomotives have not been aeen ia Ehi
valley. - loaded wheat eaEs have alread,
been conveyed by them at ono time over th
road. The steamer 'Yaguina. was oFigtnall
built for trade bstwesn New York and Flor
da. II i second 10 noaa on the coast Has
4
passengers, and 1900 tons Of wheat. It draw
l3a feet Of water, requires - haada 10 run i
aud burua Is tons Of coal day. This steam
er and road now has the river, D. & G. Il. X
and q. X. 6 n. Co. TO compete against A.!
recent decision Of Judge Deadly has runderes
one part nt tho Honil bill Ineffective. The q
4 g. X. r.. charged s2a car for carrying
whsas fifteen niles 90 Corvallis and oniy So
eighty-iiye miles % Portland. The apeake
/! asked that the Law be made consistent, sayin.
that the Oregon Pacific was not against th
lag as whole, The O. T.. charges basinea
rate IN whatever direction ita freight goes
Two cargoca have been sent out. The lirn
consisted OF 200 tons of wheat It immesii
atsly raised the priee Of that commodity
cents bushels in Corvallis. On the last tri
300 tons were taken and there was not a mn
who shipped bat who made $500 20 500 b
the operation. IL eosta l3k cents bushei &
take w1eat 70 SAn Francisco, where il - no,
qnoted at 80 cents. This would make tb
market price IN Corvallis about 6l cents. A
to the safety OF Yaquina Bay a leading Ne,
York Marine Insurance. Company h..d offer
ed 10 insure cargoes botweea =. +. aud th
Bay for 30 cents on 500. Eight cent
more Is charged from Astoria. aud at u
quina there Is no pilotage, lightage, nor rol
berry.
The advantage TO the road Of receiving
thirty, forty or fifty thousand anbscriptio
from this county is not only It's peesniar
value but u will show the confidence Of IA
people here in il, big item in the New Yor
Office towards receiving assistance in pushin
the road forward Gad eventually making il
grand transeontinental railroad They mcan
70 make the golden stream 90 through A
bany. The road could not thrive well with
out Linn county backs il. The completion
means cheaper rates. Ii will be big thin
Tor the Willamette Valley.
Judge StrAhan being called for spoke i
favor of immediated action by our citizen
in business manner, giving encouragement
to the road and hurring it to completion
on motion the report Of the Commits
was adopted, and committee of ten, Co
sisting Of II 5 Strahan, j A Crawford, s
Young, 8 Froman. Jas Cowan, N II Allie
; Martin Payne. Fred Mueller, NJ sternbu
and A Cunningham appointed to circula
the subscription paper.
Judge Strahan offered tue following res,
luton, which was unanimously adopted :
ResoiUed, That the people of Linn conn
3 hereby most cordially thank and congrat
J late Col. Hogg for the energy aud perseye
ance displayed by him in pushing the O.
Il. Il. to Its completion 10 Corvallis, there
!. opening competing line to the sea, viii
: has already added about six cents to t
! value Of every bushel Of wheat held for shi
q ment IN tho Willamette Valley. and that
3 NEST earnestly desire and invite the cal
extension OF said road into Linn county.
After a vote OF thanks to the Albany Brl
= Band for excellent voluntary music for |
occasion the meeting adjourned
The matter is now solidly before the .,
pie OF Linn county. The Importance Of Ii
n eral action is already well impressed on /
d minds Of all. 1t is to bo hoped that tho
will be no banging back.
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