Richmond daily palladium. [volume] (Richmond, Ind.) 1876-1904, 1900-03-23
THAT new RAILROAD.
NOTHING TO INDICATE
THAT 1T WILL

Prove a Chimera as Others Have Done
Everything Points to Its Success
Articles OF Incorporation Filled To-
day-Muncie is in Line With the
Proposition-Every Condition Sc
cured.
The last thing necessary to assure
the construction of the new railroad
from the C. H. & D.. near College Cor
ner, Q. to Muncie, has been disposed of
satisfactorily. The committee that
returned Yesterday from Muncie vas
radiant. The Muncie Commercial
Clubs railroad committee had given
full assurance that the subsidy re-
ouired by the promoters would be
| given, and that had been tie last
| straw in the way. The voting of the
subsidies by the township has to be
looked after, but those connected
with the plan, and who are repre-
| sentative men in touch with the peo-
| pie, say there is no doubt as to the
| outcome of the voting. The amount
asked altogether at Muncie is $780,
900, and the amount asked here is
1925, 900, or 1t per cent. THERE'S an
abundance of capital behind the road
and as the articles of incorporation
we're filed today the work will begin
al once. The council will meet in
special adjourned session tonight at
100 to take up the matter of the
franchise. The session is an adjourn
ment of the regular session and there
fore anything legal at a regular
session is legal If transacted tonight.
This makes it possible to pass the
franchise ordinance tonight if it
prove satisfactory. 1t is understood
that the proposed road will run
through the western part of east
Richmond, near the river. A large
number of options have been secured
on property on south third street
past the court house. 1t is under
stood that the road will the
river between the railroad and Doran
bridges, with a high trestle. Messrs.
Patrick and Christy r the gentle
men who recently put through SO
successfully the railroad southwest
wardly from Hutchinson, Kansas.
They are we'll equipped with both
the cash and the experience to put
through their road. The matter of
the Wayne township subsidy will be
voted on on the same day with the
spring city election, and opportunity
will be given the township voters to
ballot on that question also.
The principal facts of the story
are further set forth in
ARTICLES OF INCORPORATION.
The articles of Incorporation that
were filed today named as directors
Henry A. Christy, Fred L. Patrick,
Benjamin Starr, Samuel W. Gaar
and George p. Farley. The follow
shorn of their legal verbiage:
The name of the corporation shall
be Cincinnati, Richmond & Muncie
Railroad the amount of the capital
stock (Which may be increased if
necessary shall be $50, 900, divided
into five hundred 500 shares of 800
each; the number of directors shall
be five, and their names are those
above mentioned; the proposed road
is to be constructed from a point OF
the right of way of the Cincinnati,
Hamilton Il Dayton railroad in Union
county, Indiana, at apoint midway be-
tween the towns of Cottage Grove and
College Corner, and the road is to be
constructed to Muncie, Delaware
county, Indiana; it is intended that
the road shall pass between the
places above named, into and through
the counties of Union, Wayne, Ran
Henry and Delaware, and that
branches and extensions may
through and into the counties of
Grant, Wabash, Miami, Fulton and
Marshall; the length of the road shall
be sixty 900 miles. The location and
route of the road may be hereafter
changed by the board of directors in
such manner and to such an extent
as may be authorized by the laws of
this state.
Signed, Henry a. Christy, Chi
Ill. Fred L. Patrick, Columbus,
O.; and the following citizens of
Benjamin Starr, Geo. p.
John W. Barnes, Harry L.
Weber, Samuel w. Gaar, Benjamin
F. Wissler, W. K. Bradbury, Jonas
S. S. Strattan, Jr.,
John NJ. Eggemeyer, Henry Cutter,
John G. Schwegman, Frederick N.
Won Pein, John H. Rolling, Henry T.
Howard Campbell, S. E.
Swayne, B. J. Westcott,J. NJ. Lontz,
D. Surface, Frank 1. Reed.