Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1901-04-19

the right-of-way Ind securing bo-
muses.. AS soon as this work is fin
ished we are promised that the line
between Mankato and Albert Lea
will be constructed and that the
other portion, will he built later. =
We have assurances that one Of
the trunk lines that now enters Albert
Lea wilfoperate the road as soon. as
it is completed and ready for opera
ton. We have every reason to be.
lieve that the Illinois Central will
take CONTROL" &~'|.
The road is to start from. Albert
Lea and go through Freeborn, Wv
ian, Cream and St. Clair, and will
come into Mankato on the south
east, pass through the city, and
cross the Minnesota river six miles
down. 1t will then go up whateS4.fs
called the sSeven Mile Creek Bun.
cross the CO n. track nA 81,
Oshawa station, and 60 through
Lake Prairie, Rush River, Arlington
and Glencoe, and thence north to ST..
Cloud, tbs expected that the road
will cost $19,0Oo a mile-at least,
this is the engineers estimate. This
fnclu les depc ts, telegraph lines,
fences, ect. ~. -,
1t is expected that the line north
of st. Cloud will run to little Falls
and through Morrison county. pro-
viding the people of Little Falls
make the right kind OF donation.
Between St. Cloud and Duluth the
road will pass through a rich farm.
ing country. At Little Falls the
lumber mills will furnish the road
with q good deal of business, and
the quarries in Mankato will find
markets for their product. st. Cloud
would be benefited to the;extent of
a wider field for the high grade gran
tie that is quarried here. ~ T
|! Collins & Co., of Chicago, offer to
take the bonds Of the company at
eighty cents on the dollar, provided
they get fifty one per cent vi the
stock, but do not guarantee any,
thing Director A. E.. Clark went
from Mankato to Chicago to pre-
sent counter proposal on the part
OF the company: He offered to allow
the company to take the bonds at
eighty per cent and also allow it to
have fifty -one percent Ut the stock, but
it must guarantee to build the road
from Albert Lea to Mankato between
June 1st and Oct. .1st.s 1t. will re-
ceive a proportionate amount of the
stock when each ten miles has been been
completed. SO that it will. not secure
controlling interest until the road
has been completed. .- .*ss5
Capt. Reed says that he expects
that the road will be built ready for
operat!onthis year from Albert Lea
tn st. Cloud. The preliminary eur ii
veys have been made and us soon AZ
the right Of. way is: secured!aad the bo-
muses. guaranteed between Mankato
and Albert Lea the contract for the
construction Of that section will be
awarded. Some OF the right OF way
has already been secured and CAPT.
Reed intends to put more men at
work at this. He also wants 81. ONj
9 s mile IN bonuses assured, or $50, 900
for the Mankato-Albert Lea section ,uL,
He want ST. Clair. to- raise So. go.
Vivian 81, 600 and Free orn $15,n0o.
MAankato having reached the limit
OF its bonded indie tedness, cannot
raise q bonus, but he expec ts q free
right 81 way through the city. The
same condtt lon will apply to ST.
Cloud ~
Auror s q + MllIinnea polls, rs
sistered pharmacist !. is semlll M, 81;