The Sedalia weekly bazoo. [volume] (Sedalia, Mo.) 187?-1904, 1892-12-06
THE S. S. M. & NJ. ROAD.
Sedalians Are in Earnest In the
Matter.

a coodly number of the represen-
ta;ive business men and citizens OF
Sedalia gathered together this morn
ing in the rooms of the Commercial
Club for the purpose of comforting to-
gether regarding the raising Of the
$50. 900, allotted as Pettis county'>
subsidy to aid in the building of the
proposed Springfield, Sedalia, Mar
shall and Northern railway. 1t was a
fair showing, but not as large as ii
should be. Many were doubtless kept
away by business engagements Of I'M
portance. But those present were
deeply interested and showed spirit
of earnestness which indicated that
the project would be carried through.
Among those present were Judge
Daily, DIR. W. H. Wood, Mr.. Lett,
I.Frensdorf, Chas. Minter, Jos. Hughes
Cyrus Newkirk, president of First
National bank, Joe Donahue, Frank
Newton, J. b. Quigly president of
the Water Works, J. c. Thompson,
Frank Landman, E. f, johnson, Lee
Porter, Mr.. Kingsley, Mr.. Straughter
f. G. Cassidy, Chris Hye, Prof. Rob
bins, J. H. Boutwell, and Others.
The meeting was called to order by
Judge Daily who in a clear and con-
else manner explained its object, and
stated the benefits to he gained by Sc
dalia and Pettis county by having a
north and south railway connection,
He stated that Springfield had already
raised $4,000 of her $4,000 and
had offered three different plats OF
ground for terminal purposes. He al
80 informed those present that JeHer-
son City was making an effort to
have the proposed line diverted
from Sedalia to that city
and urged upon those present to take
immediate and prompt action. Out
of the five committees appointed ut a
previous meeting to solicit subscrip-
tions, one only acted, but in the small
territory to which they had been as
signed had received subscriptions for
over s15, 900, and if the other COM
mittees had only done as well the
money would now have been pledged.
Mr.. J. B. Quigley stated that the
syndicate which proposed to build this
road had called upon Springfield for
an additional allotment in the way of
terminal facilities, to which she prompt
" responded, and offered plat of
land only three blocks from the CEN
ter of the city, LOO feet long and
135 feet wide tor the depot purposes.
He wished to correct the mistaken idea
many had, that this money was to be
given as bonus to the proposed rail-
way. 1t was not so. Those who sub
scribed now, did so with the under
standing and express condition that
the amount was to be paid only upon
completion and operation of the road.
The notes signed, plainly stated that
one-third was TO be paid upon the
building and operation of the road,
one-third the first year after and the
last third the secoud year after. And
when paid in full the subscriber would
receive par value in stock certificates
in full Of the amount that his note
called for. Springfield had already
pledged herself for 500, 900 including
the plats of land she proposed to do
nate. The advantages to be derived
by Sedalia from a north and south
railway route were invaluable.
Cyrus Newkirk president of the
First National bank stated he was in
favor of the road, and that three per-
sons, himself, Mr.. Thompson and an
other gentleman in the bank had al
ready subscribed one twenty-fourth of
the amount to be raised. While the
matter was being agitated, however,
he having the interest of Sedalia ut
heart thought it would be well to look
out for the shops, and endeavor to
have them located at Sedalia.
To this proposition Mr.. Quigley ex-
planned that the road could make no
concessions or agreements Of that ma
ture at the present, as il might inter-
fere with the raising of subscriptions
at other points. The only definite
matter in that regard was that the
south terminus would be Springfield,
and that the principal office of the
company must he located
there. And the matter of
shops, warehouses, general offices
would be something which must be
sought after, when the money had
been subscribed and the road was
building.
Mr.. Lamb, of the committee on sub
scription stated that in some quarters
he met with encouragement and easily
obtained subscriptions, but that some
people who did not or would not