Cleveland Past and Present: Its Representative Men: Comprising Biographical Sketches of Pioneer Settlers and Prominent Citizens
History
Cleveland Past and Present: Its Representative Men: Comprising Biographical Sketches of Pioneer Settlers and Prominent Citizens
Cleveland (Ohio) -- Biography; Cleveland (Ohio) -- History
In the autumn of 1848, he formed a partnership with Mr. Stillman Witt and
Mr. Frederick Harbach, who contracted with the Cleveland, Columbus and
Cincinnati Railroad Company to construct and equip the road from Cleveland
to Columbus. This was the largest contract that had, at that time, been
entered into, of this character, by any one party or firm in the United
States. A large amount of the capital stock was taken in part payment for
the work. It was generally regarded as a hazardous adventure, but the work
was carried through in accordance with the terms of the contract, and
proved to be a profitable investment for its stockholders. In his
partnership contract it was stipulated that he was to act as financial
agent at the East, to send out the necessary mechanics, and to
occasionally visit the work, but was not to change his residence. Events,
however, occurred that required his constant presence in Ohio, and in the
Spring of 1850, he moved his family to Cleveland, where they have since
resided. In the Winter of 1850-1, the road was opened for business through
from Cleveland to Columbus, and Mr. Stone was appointed its
superintendent.
[Illustration: Respectfully, Amasa Stone, Jr.]
In the Fall of 1850, the firm of Harbach, Stone & Witt contracted with
the Cleveland, Painesville and Ashtabula Railroad Company to construct the
railroad from Cleveland to the State line of Pennsylvania, and furnish it
with cars, and to take in part payment for the work a large amount of the
stock and bonds of the Company. Soon after the execution of this contract,
Mr. Harbach died suddenly in the city of New York, and the completion of
the work devolved on Messrs. Stone and Witt. The completion of the road
through to Erie principally devolved upon the Cleveland company, and was
attended with many difficulties, as the Legislature of Pennsylvania seemed
determined that no road should be built through the State along the shore
of Lake Erie, and the general impression was, at that time, that the
construction of a road along the shore of the lake was a wild scheme and
would prove a failure. It was difficult to get capital subscribed and more
difficult to collect instalments. The contractors having confidence in its
success, prosecuted the work with vigor up to a period when they found
they had expended more than $200,000, while the aggregate amount that the
railroad company was able to raise and pay them was less than $100,000. An
effort was then made, with success, to engage the services of Mr. Alfred
Kelley. His well known character, aided by the reputation of others who
were elected directors, and a subscription from the city of Cleveland of
$100,000, enabled the company to meet its engagements with the
contractors, who carried the work forward to completion, and the road was
opened through to Erie in the Winter of 1852, when Mr. Stone was appointed
its superintendent. Notwithstanding the great expense that had to be
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