Rensselaer Union, Volume 6, Number 37, Rensselaer, Jasper County, 4 June 1874 — THE RAILROAD PROSPECT. [ARTICLE]

THE RAILROAD PROSPECT.

A mooting of tho directors of the Indianapolis, Delphi & Chicago railroad company was held at Delphi day before yesterday. J£very county on the line, except Clinton, was represented. Robert Ray, Esq., of Chicago, Vice President of the Chicago «fe South Atlantic railroad company, submitted a proposition to White and Carroll counties to raise $135,000 at once to be placed in the hands of trustees of their own choosing, to be used with an eqnal amount to be furnished by the company he represents in the immediate construction of the road. Of the sum thus raised, Delphi is called 'upon for SIOO,OOO, and Monticello $35,000. As soon as the work is commenced with the means to insure its completion, Jasper and Lake counties will be called upon for donations, payable when the road is finished through each respectively. President Raymond is confident of the immediate success of the enterprise, and says there will be no interruption, or suspension of work, from the time it is begun until the whole line is fiuh'hed from Indianapolis to Chicago. The amount that will be required of the people of Jasper county is $75,000, one-half to be paid when the road is built to Rensselaer, and the remainder when it is completed through the county.