Jasper Republican, Volume 1, Number 52, Rensselaer, Jasper County, 10 September 1875 — TheI. D. & C. Railroad. [ARTICLE]

TheI. D. & C. Railroad.

Last Wednesday was the day for the annnal election of Directors of the new road. Many stockholders and friends of tha road were present. we recognized Mr. Halstead,.the energetic contractor from Lakejcounty, whose indefatigable energy in the prosecution of his work under most unfavorable circumstances renders him quite popular among the friends of the enterprise, lie was accompanied by Mr. Summers, Chief engineer of that division, by Messrs. Prioe, Dußriel and others from Lake. Col. Healey the “old reliable” was here from Jasper. Pres, llaymond, Sec’y. Bushneli and Mr. Reynolds from White, and Col. Catterlin, the tried and trusty wheel horse in every public enterprise represented Clinton. The annual meet iug was called to order at one o’clock, and report of operations for the past year, read by President Haymond. The report was ably prepared and gave ample satisfaction as to present and future prospects of the road. We]shall, in our next, endea\ or to give the main points of the President’s report. The election of Directors for tbe ensuing year then took place, and resulted as follows : L. B. Sims, Vine Holt, J. T. Richardson, Samuel Greenup, John B. Pollard, C. Angell, Enoch Rinehart, Jas. Odell, J. P. Price, Joshua Healey, Alf McOoy, Jaa. C. Reynolds, J. N. Sims. The new Board then convened and elected officers as follows: L. B. Sims, President. Joshua Healey, Vice President. Dr. Bushneli, Sec’y. Reed Case, Treasurer. Other matters of general* interest were passed upon, but time and space forbid mention. Suffice it to say, the road although apparently dead has certainly bet ter prospects of an early completion than ever before. More about it next week. —Delphi Timet.

The Monticello Constitutionalist says: All difficulties have been harmonized and all the ftiends of the road are united in their purpose of making the a success. What ever doubts may be entertained about the building of the rood by those who have but limited means of knowing, wo arc glad to learn that the active and determined friends of the enterprise are completely sangmneof success. The exhibit of work done on the road, and the assets unappropriated, as ably set forth by the President in his annual report at Delphi, prove beyond doubt the ability of the people along the line, independent of outside aid, to complete the road. From the report we learn that only the smalt sum of $200,000, in addition to the subsides, will be necessary to insure the completion of the road from Chicago to Delphi, and we are assured that that this sum can be easily, if not Immediately, raised by the sale of first mortgage bonds among the people. Among the wise measures agreed to by both companies is the cancellation of the capital stock, except such as shall be subscribed and paidjfor in cash. This course will cut off all chances of speculation and stock-gambling, and leaves the destinies of the rood in the hands of its promoters and stockholders. The Investment of money in the stock and bonds of this road is the best investment we believe that is now offered to the people in this section,’’