Jasper Republican, Volume 2, Number 3, Rensselaer, Jasper County, 1 October 1875 — Rensselaer Union School. [ARTICLE]
Rensselaer Union School.
Jas. G. Adams, Superintendent. The fall term will open Monday, October 4th, 1875. Resident pupils under twenty-one will pay no tuition. All others will pay in advance at the following rates: High School Department ...$7.50. Grammar School Department 5.50. Book-keeping, Theory and Practice, and all other branches belonging to a first-class High School will be taught. For further information address or call on the Superintendent at Rensselaer, Jasper County, Ind. Mr. Gutches, as the agent of the Chicago & South Atlantic Railroad Company, visited Rensselaer yesterday, and last evening met a number of the wealthier citizens of Rensselaer in Messrs R. 8. & Z. Dwiggins’ offics. The company proposes to issue 800 first mortgage bonds ofthe denomination of SSOO each which they offer to the citizens of Lake, Jasper, White and Carroll counties at fifty cents on the dollar, for the purpose of raising money to buy iron, build depots and equip with rolling stock the road from Chicago to Delphi and put in running operation. The said bonds are to be payable in 30 years and to bear interest at the rate of 7 per cent, payable in gold semi-annually at New York and London. Subscriptions to said bonds not to be paid until all are sold. The money to be placed in the hands of a treasurer to be elected by the holders of the bonds, and to be paid out only on the order of an auditor also to be selected by them—the bondholders. This proposition was favorably received and about $35,000 was subscribed thia morning before Mr. Gutches left, Messrs. McCoy & Thompson heading the list with $20,000. Much enthusiasm is manife-ted by leading business men here, who are confident that SIOO,OOO wor th will be taken in Jasper county.— Union.
