Condon globe. (Condon, Gilliam Co., Or.) 189?-1919, 1903-10-01

1 AZ per announcement made in this
paper last week, mass meeting ni.citl-
gems was held ln AriDory ball last Sat.
urdas afternoon at which represents.
tlvea Of the Eastern Oregon Railway ca.
Submitted proposition 10 the people oi
Gillian county the acceptance of which
will, he railroad people declare. result
in tie completion Ola road iron, ArIing
no Condon within the next lev BDbilis.
W. A. Campbell. the well knuwp ban.
ana grower. Of Ferry Canyon. called lle
me tins 10 order and IN the bnpp, AID
gracvtal u,anner pecniar a. him stated
the objec. oi the meeting and intfodne.
I'd Mr.. Hosiord, tho MorD attorney. y no
appeared 10 the capacity Of an attorney
for lhe company and who made few
preliminary remarks touching on the
urgent necessity for better trHn,porta.
tim facilities In this cGanty and the
manifold blessings and benefits which
we'll accrue 20 the people upon the com.
plell,gl u such a project as tile one then
nnder consideration. lie cited the
beneficial effects of the Columbia 3onth-
eau on conditions ~ Sherman comfy.
and predicted the same rapid transition
10 material things in this county upon
the completion Of this road.
Il. q. MeDunaid, of spokane, a repre-.
sentative ol ihel Trust Company Of the
Republic. u New York. MAS the nest
speaker hls reniarks being partly along
lhe same lines that Mr.. Hosford follos.
ed aud partly on the financial aspect II
the propulsion.
Dir. Morris, president u the company
WAS then introduced aud proceeded 10
submit his proposition. lie stated, what
would appear 10 he self evident fact.
that the proposition Of building this
ROAD 10 soinetlling more than plowinR
10 acre field or building few miles VI
wagon road that II 10. 10 fact. gigan.
tic undertaking the estimated cast bsing
$3.50, 900. rhis vast amonnt II money
must he secured by the eaie Of bonds of
the company in New York aud. the
speaker stated. the men who put money
into such railroad projects must irst b@
shown that the people Of the country
through which the proposed road IL TO
run, want ruad, that thew will apprc-
ciate IL, he friendly To IL aud patronize il
with their freight and passenger bnsi-
ness when Completed. This assurance
can best be givca the the New York pss,-
pie, the speaker said. by the citizrns Il
this county putting their own money Ia
10 the project 70 start IL gong. lie
therefore proposed 10 make temporary
issue OF bonds ~ run for Hye years and,
70 start the ball rolling. asks the people
Of Gillian county TO subscribe fnr $i5U,
900 worth of these bonds. With this
substantial evidence Of the good feeling
and friendly spirit existing in the mindr
oi the people OF this eoanty towards thu
project, MIR. Morris felt confident that
hs could go to New York and readily
persuade the bond buyers there that the
people here want road and will appre.
eiate and patronize IL when built. lie
wonld then, he believed, experiences no
ditliculty ia having tue remaining s60U.
600 IL bnnds taken.
II the peopir vi this county accept MIR.
Morris proposition by subscribing f1r
a sufficient amount "f bJnds, that gem
tleman, for his company, agrees TO b.gin
work on the grade within 80 days. Il be-
ing further stipulated that within 80
days after work on the grade commences
the money tor the bonds must be past
over 10 the COMPANY ~ It's representa-
tive This money is to hs placed in Sune
hank with the understanding that Il is
TO be drawn out only for the pHrpose of
paying for construction work on the
proposed road. A, the expiration of
five years, II the road ie completed and
In successful operation, new band issue
will be made and the temporary bonds
will DO redeemed theholdersgetting their
money back with elk per cent. interest.
When Mr., Morris had finished the
meeting was Immediately adjourned
there being no opportunity given the
citizens TO ask questions or discuss the
matter. Mr.. Norris has stated, however,
that the amount Of bonds asked to be
taken IL the maximum and that rather
than let the project drop they might
accept q somewhat smaller amount.