Rensselaer Union, Volume 5, Number 44, Rensselaer, Jasper County, 24 July 1873 — The Continental Railroad. [ARTICLE]

The Continental Railroad.

Under the head of “Another Trunk Line West,” the N. Y. Tribune of a recent date contains this first class notice of a project in which our citizens are deeply interested: Another project for enlarging the railroad system of the country has been under consideration for some time past, and it is stated by its promoters that it will soon culminate in. actual work, and extensive operations, materially increasing the - present means of transportation. The line of tiie road will extend from New York City to Council Bluffs, lowa, and will run as nearly direct as the character of the country will allow, the object being to secure the easiest possible grade for the track. It will be of the regulation grades, and if fully constructed is intended to form a trunk line. The title of the corporation is the Continental Railway Company.— It lias secured the charters from several of the Western States, and embraces the charters of several railroads which have not been constructed, but have been consolidated and finally merged into the Continental Corporation. Tiie capital stock of the Company is placed at $50,000,000. The road will bo built by the Central Railway Construction Company, which has its office in the building No. 20 Nassau street, over the offices of the Continental Railway Company. The principal persons interested in the railway are also pecuniarily interested in the Construction Company. Estimates and bearings are now being prepared at the offices of tiie Construction Company, but the details are not obtainable. The officials of the Companies state that the road will require about five years for construction. The above statements have been gleaned from various sources, but very little has been obtained from the officials, who have displayed a singular reticence in withholding the details of tiie enterprise. The annual election for Directors of tiie Continental Itailway Company will be held to-day at the offices No. 20 Nassau street. It is probable that Edward Dodge will bo elected President.—Rochester Union Spy.