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Glorious News!Out of the Woods !!Wabash Rail Road to be completed in twoyears ! !HURRAH I HURRxlH !! HURRAH !! !The long agony is over. The Wabash Rail Road meeting at La Fayette, on Friday last was entirely successful. The entire line from Ohio to Illinois was taken by Boody, Ros# Co., at #24,180 per mile, including all necessary buildings, twenty Locomotives, sixteen first class passenger cars, one hundred and fifty freight oars, and thirty gravel cars—-every thing, in short, except tho right of way and fencing.— The road is to be every way equal to the Niagara Foils Lockport and Rochester road, which is said to bo tho very best road in the United States. Messrs. Boody, Ross Co. were the builders of it. The whole road from Toledo to tho Illinois State Line is to be completed in twovear6. We understand it is the intention of the •*Company to have the cars running from Fort Wayne to Toledo in one year.Twenty-two parties and firms in Now York took stock to tho amount of #1,342,500; being all that was wanted, and the books are closed.— Bonds to the amount of #1,000,000 have alreadybeen negotiated upon the most advantageousterms, contingent upon the taking of tho road by this Company.We understand, further, that Line No. 6, named in the Chief Engineer Durbin's report, which crosses the Wabash at Attica, has been adopted.The Directors are Messrs. Whitehouse, Var-num, and Sandford, of New York city ; Rath-burn, of Albany; Boody, of Rochester; Holmes, of Lockport; Paichin, of Buffalo ; Hamilton, of Fort Wayne; Col. Hanna, of Wabash; J. W. Wright, of Logansport; White and Speers, of La Fayette ; and Ristine, of Covington.Hon. A. S. White, of La Fayette, is retained as President, Mr. Colton of Lockport, is Vice President; and Mr. Coburn Chief Engineer.Where now are the charges of procrastination, delay, negligence, and inefficiency that were brought against tho old Board of Directors of this road? All vanish into 4i thin air.” With wisdom and industry they were preparing the way for this glorious consumation, while those who know nothing of the matter were poisoning thepublic car against them. The country owesthem a °* £rat!luc*e rhat may never be paid.
Newspaper Details
Fort Wayne Times and Peoples Press
Fort Wayne, Indiana, US
Wed, Apr 27, 1853
Page 2
Full Page
Clipped by
Steve W.
USA 21 Dec 2021
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