St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-07-04
That Holds Down the Last Rail Laid
on the Minnesota & North
western.
The New Line to be Completed Tonight
Trouble Impending in Pacific
Coast Business.
What is Being Done on the Canadian
Pacific in the Way of Con-
struction.
Arbitrator Hiland of the Missouri
River Passenger Association
Resigns.
A New Road Completed To-day.

This morning the officials of the Mime
sofa u Northwestern road will leave in a
special train from West st. Paul and make
an inspection trip of the line to Mona, the
terminus, where in the afternoon the last
spike" the completion of the entire line,
will be driven. 1t is now only year since
construction was first commenced on this
line, which shows how rapidly the work
was pushed to a finish. The cost of the
line has been small, aggregating not over
$4,000 per mile, the total cost thus far
being about 50, 100, 900. The work has
been done from the beginning of July,
1884, to the commencement of winter, and
from last spring until the present time.
Nothing was done during the winter except
that wells where water tanks will be placed
were dug. The laying of track was begun
last April
The history of the road is rather a check
cred one. 1t was Incorporated in the year
1854 by Robert Schuyler, William p. Bur
rail-, George l., Schuyler, Morris Ketchum,
Edward Bennett, r. Il. Mason, George w.
Billings of New York, EraStuS Corning of
Albany, John NJ. Forbes, Curtis B. Roy
mand and John Gardner of Boston, Wyman
5. Moore of Bangor, Frederick S. Jessup
OF Dubuque, and Franklin Steel, Charles
w. BOrup, Orange Walker, Willis A. Cor
man, Alex Ramsey, James Stinson and j.
Travis RoSSer of what was then the terri
tory of Minnesota.
THE CAPITAL STOCK
of the corporation was 100000, 900, The
location of the road was to be from a point
on the northwest shore of Lake Superior in
Minnesota, north of the st. Louis river, by
way of st. Anthony and st. Paul, and
across the Mississippi at the latter place, to
such point on the northern boundary line
OF Minnesota as the board of directors saw
mt, but the point was to be selected with
reference to the best route to the city of
Dubuque. The legislature of 1855 enacted
that the company should, inside of three
years, construct and complete fifty miles of
track between the point where it crosses
the Mississippi and the northern terminus,
and the whole line was to be completed
within six years from the time the act was
passed, and in case the corporation failed
to do this, all grants would cease and be
declared void. In 1856 the respective
periods in which the company was required
TO construct and complete portions of the
line, were extended three years.
In 1858 the Minnesota u Northwestern
Railroad company was released from build
ing railroad southwark of a point on the
Mississippi river, conditioned upon a re-
lease of claims to the land grant of 1857,
and loan of So, 900, 900 in 1858. In 1872,
by an act of the legislature of Minnesota,
the name of the Minnesota 81 Northwestern
Railroad company was changed by reSolu-
ton of the board of directors to the st.
Paul IL Iowa Railroad company. In 1888,
the railroad company was authorized by
the legislature to consolidate its stocks,
franchises, rights and property with that of
any other railroad company which would
undertake the construction and operation
of the railroad. At this time 4. B. Stick
ney, the present president of the road,
bought the company out and made arrange
ments to begin construction. All prelim-
inaries were soon settled, and operations
first began July, 1884.