Rensselaer Republican, Volume 22, Number 41, Rensselaer, Jasper County, 12 June 1890 — IT LOOKS LIKE BUSINESS. [ARTICLE]

IT LOOKS LIKE BUSINESS.

4 Xew Eailrcad Looms Large in tie Ilori :on. A dispatch from Warsaw, this state, to the Indianapolis Journal, dated last Saturday says: _ The contract for building the Detroit, Indianapolis.&-SE ' Louis (gold spike) railroad lias been awarded 10 Mr. Charles 11. Renjainine, of New York. Work will be begun immediately, and it is the intent : on to have tlie ears running between this city and Kendaii viHe, a distance of thirty miles, inside of sixty days. . When completed the road will extend from KayOktC, ().. to liluuiiiiuetuin -ill. Further information regarding..this road has been gleaned from the {sapers of Kendallvillc and other towns along the line. It seems that the Gold Spike and the Rochester, Rensselaer & St. Louis companies have combined their forces, with the result of greatly increasing the probability of an early construction of the road. The Kendallville .people appear to consider the matter a sure thing. In that county (Noble) four townships have voted aid to the road by large, majorities, and to the aggregate amount of more than $26, 000. As showing the views entertained in Kendallville regarding the prospects of the road, we copy from the Standard of that town, of the issue of last Friday, the following article, which appeared under enthusiastic headlines: “Messrs. Mitchell, Krueger and Iddings returned yesterday from Warsaw where they attended a meeting of the directors of the corporation projecting the railroad line known as the Gold Spike. All of the directors were on hand and warmly advocated an immediate advance all along the line. The directors and their attorney and Chas. A. Renjamine of Boston, and his attorney, after a long business conference, came to terms agreeable to both parties to the contract and the construction of the line from Rochester and Kendallville was formally granted to Mr. Benjamine. By the terms of the agreement, he immediately left for the East to place the bonds upon the market. Their ready sale he assures the company is certain, as he has already secured almost absolutely safe guarantees. Mr. Benjamine also has the contract for constructing the line connecting Rochester, and Gillman, 111., and his engineers are now at work in that region. Another corps of engineers will arrive here in a few days and begin at once to survey and secure the right of way. Our representatives found no cause for failure. So put it down that the Gold Spike at last seems no longer a myth. Boom the city.”