Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-03-08
Contract Entered IntoWithMid-
land Construction Company
For Anamosa Extension
MUST VOTE A 5 PER CENT TAX
Building of the Road Will Open Up a
Fine Territory Between Anamosa and
Observation-Disclosures Also Expects to
Get the shops-Taxpayers to Get
Stock.
Special TO Times-Republican

Special TO Times Republican.
Waterloo March S.-New interest has
been aroused in the project to build the
Chicago. Anamosa & Northwestern
railroad to Waterloo. The prospects
for the building of the road are good
il the people can be persuaded to vote
the necessary tax
| A contract has been entered into by
the Chamber of Commerce and the Off
GERS OF the Midland Construction Co,
by the terms of which Waterloo lis to
| have the Chicago, Anamosa & North
western railway and the road is to
be built through the west side of the
Gilbertville.
In addition to the impe tus which the
coming of this railroad to the city
will give the business industries of the
place, the officers of the road say that
this place, being the natural division
point will get shops and possibly the
division offices, and the investment
which will be outlayed here will be not
less Than $125,O0O.
The first proposition asked by the
railway in East Waterloo and Water
loo townships was for per cent tax.
Joint committees from the board of
trade and the chamber of commerce
considered this proposition, agree
ing to give 8 per cent tax for both
townships. This proposition was ac-
in I0yf a
Construction Co., but its terms were
later changed SO that the railway COM
pany We're to get per cent tax when
the road should be completed to this
city and an additional II. per cent
when the road should be projected
beyond the city towards Eldora. This
proposition was rejected by the con-
struction company. Later the agree
ment was entered into on the following
basis:
That the township Of Waterloo vote
q five per cent tax and give the right
of way thru the city,
This is. the proposition presented by
the construction company and is one
which they say is final.
On this condition the road will be
built up the west side of the river and
through the city on that side prefer
ably along the river bank but more re-
motley from the Water course, if abb
solutely necessary.
The tax which will be voted will not
he d donation but stock will be given
in exchange to all who pay anything
to the improvement. The Investment
which the company will make in the
city will be in excess of what the tax
will amount to, and in addition the
road will bear its proportionate share
of taxes to maintain the city govern
ment so that the matter Of raising
the taxes would not be at all bur-
densome.
1t is believed that the right Of way
will be donated most of the distance.
The construction of the new railway
from Anamosa to this city will open up
to Waterloo jobbers, wholesalers and
manufacturers an Eden Of remarkable
riches and wealth and a country fer
tile as a garden will be laid under con-
tribution Of the business interests OF
this city. The proposed route is
through q section of country hither-
to bereft of railway connections or adj
vantages, through number Of towns
and villages into which may be poured
the products of Waterloo enterprises,
and the building of the new line will
be of vast importance to every interest
in Waterloo The line will be continu-
ed westward and will ultimately be
built to connect with the system at Ell
dora, thus adding to the railway facili-
ties of the city another great railway
system.