Rensselaer Union, Volume 6, Number 36, Rensselaer, Jasper County, 28 May 1874 — Chicago and South Atlantic Bailroad. [ARTICLE]

Chicago and South Atlantic Bailroad.

From advices received from Chicajfo'Sve learn that a meeting' of the board of Directors ol the Chicago and South Atlantic Bailroad Company was held last Friday sor 1 the purpose of filling the vacancy in the Directory occasioned by the ‘death of Maj. Nicholas J. Vail.— The Major was the managing director of the Company, and filled that responsible position to the satisfaction of the Board. Among the prominent candidates mentioned for Major Vail’s successor, are the names of James W. Masson, of Buffalo, New York, who is the present manager of the Canada Southern Railroad, and Col, Morgan, an old and well informed railroad President. The Chicago and South Atlantic Railroad Comj pany appear to be in earnest, and will undoubtedly put in this imporli ant position, some practical energetic Railroad man. The loti" illness of Major Vail has occasioned several weeks of unavoidable delay in maturing certain plans and arrangements essential to the general interest of the enterprise. If the newly appointed managing Director is a good business man, and full of energy, we may rely upon the speedy adoption of decisive steps for building jhe road. The President, from a clear conception of the situation, has matured a practical plan of operation, whieh he is now pressing upon the Company with Ins' usual" 'Zeal and energy, which, if adopted as now seems very probable, will soon afford tangible evidence of business and bring the matter in such a shape befo_rc_the people that they will feel safe and certain in the efforts they will be called" upon to make to aid the enterprise. The President will spare no efforts to start the work of building the road within the time specified by the contract, and after the work is commenced, and his plan of taking individual stock is adopted, will make a vigorous canvass of the line. He proposes that the work shall be commenced at Delphi, in June, and continue through to Chicago, as rapidly as the northern • counties come up with their quotas. These he believes can be raised in six weeks, and if raised, the northern end of the line will be completed during the present season. While work is going on north of the Wabash, the people in the southern counties, including Indlttn.ipol is, wTTI be induced to get their quotas ready also, so that the work may be prosecuted vigorously along the whole line. We believe everybody will see -wisdom in the I arrangement, under existing circumstances, and cordially lend their co-operation to the required extent. We believe it to be greatly to the interest of the Company to adopt this plan, not only in obtaining stock along the line of this branch of the road, but as a step calculated to inspire confidence along the whole route to the Atlantic. Another meeting of the Directors was called-for last Monday evening, at Chicago, lor the purpose of taking steps for the early commencement of the work. We hope next week to be able to inform our readers who has been chosen' as managing Director, and to give further assurance of the probabilities of the early commencement ofdhe work. We can scarcely "withhold the expression of our faith in the ultimate success of this great enterprise. Its great merits, its demonstrated advantages, its commercial necessity, place it foremost in the rank of allthe sc hemes lat ely projected, arid will act as powerful incentives to urge forward its construction. Add to this the indefatigable efforts that have been spent in its behalf, its vigorous defence of a panic that prostrated nearly every noble work in the country, the substantial ground that lias altr "* r ready been secured, and the untiring energies, and unflinching zeal of the managers, and there will be little ground sot doubt.— Monticello Herald. The reason why Mrs.- Halstead receives such liberal patronage at her new store is not simply because her goods are stylish and new, but people prefer to trade where they find a uniform price for each and "all, and where they are sure of getting first class goods all the time at price/ as low as second or third class or even shoddy goods are frequently sold for, (and many say from 25 to 50 per cent less), even when they have sent off to larger places for them. Of course the people of Rensselaer oan and will manifest their appreciation of the fact. .Two hundred barrels of salt at I J. I. Purcupile & Co's store.