Lexington and Ohio Rail Road Company -- History; Louisville and Nashville Railroad Company -- History
"These liberal subscriptions by persons who have carefully investigated
the subject afford conclusive proof that they consider the project not
only a feasible one but one that offers to the Capitalist an opportunity
for a profitable investment of funds. They have doubtless taken into
consideration the peculiar advantages of the country in which the road
will be located. * * * It is impossible to imagine the full extent of
the varied mutual influences which the prosperity of this section of the
country and the Rail Road will exert, all tending to the convenience,
wealth and happiness of the community. * * *
P. S.--At the closing of the books at two p.m. on Tuesday, the following
additional subscriptions had been taken."
(Follows a list of forty-two subscribers.)
"Which makes a total amount of $310,800; $300,000 being all that is
necessary to vest corporate rights.
"At a meeting assembled for the purpose, Mr. Elisha I. Winter was
elected President and John Brand, Benjamin Gratz, George Boswell, Walter
Dunn, Richard Higgins, Henry Clay, Joseph Bruen, Henry C. Payne, Elisha
Warfield, Benjamin Dudley and Charlton Hunt, Directors of the Lexington
and Ohio Rail Road Co."
CONSTRUCTION.
The succeeding newspapers published a great deal on construction, and
when it is remembered that all of it was experimental at that time,
it will be interesting to note that the Lexington and Ohio Railroad
Company, patterned most closely after the English models, undertaking,
however, to improve upon them by the use of our native limestone sills
which they believed to be indestructible and found, to their sorrow, to
be most perishable.
Public-domain text, read in full here on John Shaqi.
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