Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1912-05-15
LANCASTER THE HEAD
OF RAILWAY COMPANY
Chicago Short Line Company
Elected It's Directors.
Adopted Bylaws and Transacted much
Other Important Business at Stock
holders Meeting.

Lancaster for the first time has had
the innovation and novelty Of being
designated the home of a Railroad
Company, aud such citizens as attend
ed the stockholders meeting of the
Chicago Short Line Railway Com
pany in the Orpheum Theater here
May 8th witnessed the first proceed
ings of it's kind ever held in this
| locality.
Elk Mayor, Jos 7. Bennett called
the meeting to order; following this
Judge Goodsell, placed in nomination
by R. Meyer, Jr. was unanimously
chosen to preside as chairman over
the deliberations of the meeting.
That the judge is model presiding
officer, it is needless to say.
Frank Z. Meyer was elected
secretary and Chas. A. Loveland, Jr.
! Of Platteville, assistant secretary.
Purposes and the business before the
meeting were outlined by the chair
and upon motion of VIM. E.
Shimmin a call of the roll was made
by the secretary which disclosed 8
strong majority of stock present, thus
determining a quorum.
Thos Mcdonald being requested to
report on the subscriptions, payments
thereon and other matters pertinent
to the meeting said that following
the meeting of the incorporators
March 4th articles of Incorporation
had been filed with secretary Of state
and charter had been granted to
the company under date of April 10th.
That on 209 shares of the initial
capital stock of $50 shares payments
had been made by subscribers varying
from 90 to so per cent each, so that
there was on hand $3.50 90 and
several checks in addition to tt is sum
had just come in.
The following list Of parsons were
duly elected as directors:
Jos. 7. Bennett, &c. Meyer, Benz.
F. Petty. W. E Lathrop, [. II,
Stevens. Lancaster; A. b. Patch,
Bloomington VIM. Forck, North
Andover; F. q. Wetmore, Alex.
Robertson, Patch Grove; Andrew
Cairns, Mt. Hope; VIM. Gates, Bee
town; W. L. Nice )rmick, Ellen boro;
FREQ Tanner, Liberty; Geo, W,
Shepherd Ben Webster G. A. Love-
land, Jr., R. g. Davis. Plattsville.
A code Of bylaws prepared by At
torneys Lowry and Clementson were
adopted, only slight amendments.
being made by the meeting,
Pertinent resolutions were submit
ted by Mr. Meyer, Mr.. Baxter, Mr.
Wieland, Mr.. Tanner, Mr.. Shepherd.
Mr. Borah and others. All were
adopted. Among the most important
were resolutions for increase of
capital stock to $50 OOO. 90.
Authorization was given to the
newly elected board of directors to
negotiate and close contract with q
proper house to guarantee the COM
pany's bond issue on its proposed line
of road, also TO arrange terms for
taking over the surveys, rights and
privileges of the Grant Railroad Co.,
and a resolution was adopted that no
survey shall be undertaken until
satisfactory contracts have been
effected with brokers, and after
certain of the different towns have
first voted aid to this company in
this undertaking
The business Of this meeting oc-
cupied all of the afternoon and until
6 p. N. so that the directors-elect
adjourned their first meeting until
today May 18th, when they will
elect the companys officers and pro-
coed with regular business.
The interest man ifested in
organization if this railway company
was marked, and the personnel of the
company as disclosed by call OF the
roll is proof that the business in
terests Of this section are behind the
undertaking to secure the much need
ed and desired railway facilities. OF
the value of the proposed road to all
persons and interests through Grant
and Lafayette counties, too much
cannot be said. The provision of
new, quick and frequent service
transportation through this section
means increased commercial activities
for the farmer and business man
alike, and will surely mean the
coming Of a greater population with
increased capital and investments.