September 1, 1874 (4 pages)

onniinrneneatnrssnmancth Che Daily Transcript ee NEVADA CITY, CAL, — Tuesday , a nl . September 1, 1874. FYE SOG RARER LSE ’ A meeting of directors will be held to day at which itis proposed to sub“mit to the stockholders the question, whether the railroad company shall disincorporate. There has not been the required amount subscribed. dnder the resolution passed -at the ‘Jast. meeting of the directors, ‘they ,. have 4 right to submit the question. ‘The question is, will they.do it? _We hope the, officers when they. meet to day, williact deliberately, and re. _ ___ thinking-of—abandoning-the-enter‘= prise. The question to be decided _ is of too. much importanee fo the: prosperity of the’ people and the . . county, to be carelessly treated. “There is a unity of sentiment among all the people about the necessity of ‘the road. Its completion assures ’ . the material prosperity-of the coun: ty for all time. A failure to build it is‘certain to prodico disastrous te‘sults. Every citizen knows what the effeet will be. It is trne ithere ure those who ought to, have subserib@d, who have not done so, paid it is true that some who hayo’ subscribed: ought to haye doubled their subscription, yet it will not do to let the enterprise fail to spite these par' ¢ties, although they deserve it. We believe.with the _present—amountsubscribed, the directors.are justiticd in comméncing to build the road, In the first place, the expense of con\ »~ to eighty thousand dollars, and perhaps more. There is enough subscribed to complete the road-bed already, and have a surplus remain. Tf that was done, would not any iron . company Stock the road, furnish the rails, and take the bonds of the company a8 security? We belive they would. Manufacturers of railroad iron have large supplies on-hand; “from the fact that railroad “building is ata standstill, Recent legislation has had the effect to stop the construction in the East, and the mannfacturers would be glad of the opportunity to disposo of: their’ immense: stock on hand, and take security as good as the Coax Railroad can give. Other companies obtained charters about the same time that this compny did, and they have ‘all commenced the construction of their roads, although their franchises were not nearly as liberal as this one. We believe not one of .them had as large a proportion of the probable cost of construction subscribed as this road has. We further believe . that no road ever built had as much subscribed in proportion to the cost as this one has, And it is capable of demonstration that no line of road of equal Jength -in the country will pay~as Well as this. What then can be urged-as a reason for abandoning the enterprise. There has been onefourth of the “amount subscribed paid up, and every. stockholder stands ready to pay the balance. So fur as this town is concerned, we . . can assure the directers that not on share will be abanduned. All the shareholders ask is to have the road built. When work is commejced, und capitalists see.a determination on the part of officers to. cofaphkte the sume, ‘and when they sbe the company and people exhibit. their sonfidence in the road’s paying, thiy too wiil have confidence in the investment, snd any desired amount can be obtained on the security’offered, No good financier will make a loan vn'an enterprise like this” one until the managers show a determination to push it through. When its completion is assured, they will come here and see what there is to warrant the building of the road in the way vf business. When they are satisfied there is a prospect of the road paying a liberal interest on the investnent, why will.they not be anxious to loan the desired amount for x long series. of years, There are millions of dollars awaiting good investments. Does anyone doubt the road will not pay? And can any one doubt its lmsiness will greatly . The investment is a good one and all whe will take the puins to look the niatter ever will be convieced of it. The _ report of the direetors Inst spring proved it. Commence the work »nd ali the wonev required ean be raised. We feel conficeut the officers attheir meeting to day, will meet the wishes of every mah woman and ebild in -the-ecounty and vote tu go abeud with increase from year to year? tion'for the job, and the compauy struction can be lessened from fifty . Strike tht iten it will be time enough to put up an-. Nevada County Railroad—Reducé the “Engineer's Esti“mate. ee aS _ Engineer Bates stated to the Directors, when. making his report, that at one point on the road'the sam of -. .$48,000.could.be deducted trom--hie4 statement by taking a shorter route, although the grade would be for a short distance, about 167 feet to the mile, while the balance of tho sur‘vey wis about 105. He advised them not to do.it on account’of wear and tear of track and cars. Suppose for the present, that this saving -is made, aud when the company can afford it, then adopt the originalsurvev:~Better do this than sacrifice . _ We ure confident the road bed estimate can be reduced at least $10,000. There will—begreat competiwill get NOM o ee “For the-peesent, buy only oné engine anfl save $10,000; while it. may be inconvenient, it is better to do that than not build the road:. Instead of havingone. engind for the passenger train’ and “one for the freight train, attach the: freight ears to the-passenger train. Ste here is no necessity at present of having over seven box freight cars, and there will be a saying of $4,800. Seven’ platform. cars -will. be all that is needed for the present, and there can be saved $4,000, ‘The depots at Grass Valley and Nevada are estimated at $1,500 éach. at least $10,000 benefit thereings at each place and save $1,500. We can stand a cheap building for the sake of the road, ~ teduce. the price forthe small station at Buena.Vista to $250, and there save $250. The sum_of $8,000°is included in the estimate for a machine shop, “out entirely, and give the work to the Grass Valley and Nevada foundries, which will be done cheaper at these places than the company can do it. . Strike out one of the engine houses and save $1,500; When woe can afford to buy another engine, then other engine house, : There may be other items that can be cut down, and they should be’ by aull-nreats, Take the above, busis, and we find the condition. as follows: Taking the short route, $48,000. Reduction on road bed, 10,0u0, “ One engine, 10,000, iy Freight cars, 4,800. as Platforiy ‘' 4,000. Depot buildings, 1,500, Buena Vista sta’,: 250, Machine shop, 8,000. Engine house, 1,500, Total, $88,050. Here we-have a reduction of $88,050, which we sincerely believe ean be made in order to insure the building of the roud, and then the finuncial affairs of the Company will stund as follows: Am't of stock sub’d, $241,300, Reduction on estimate ‘as above stated, 88,050, a : : Total, $329,350, ; The cost of the entire rvad, as_per engineer Butes’ estimate, exclusive of the right of way,is, $411,132.56. Sub’d te stock and — red’ct as above, 329,350.00, Leaving a debt of $81,782.56, Now inthe pame of God, when! the salvation ofthe ccunty depends upon it, shall the company vote te disineorporate after such-a showing is made? We call upon the direetors, at their meeting to-day, to and we are contident they will unanimously declare them as correct as they can be obtained. If.our fis ures are correct, the cost of the roud will be $323,082.56. THE RAILROAD DEBT. If the Directors conclude to. build the road with.the present amouut subscribed, they will have to carry u debt of from eighty to one hnnured thousand dollars.’ Well, what if they do? Was there ever a railroad built that had no debt due from it after its completion. The debt on this road would be less in proportion to its cost than any road ever constructed in the United States. & LIVELY. The interest manifested for the railroad yesterday, exoeded that of any time since the project was com-. menced. Every one talked railrodd . ptocured for twelve thousand dollars. . Some parts of the amount?. We be-. For the present put _np $750 -build-}. Build it any practicable way and afthoroughly scrutinize—thesetigures; > ‘be, those who have,mines and ‘Oth. COST OF ENGINE: Engineer Bates amade ah estimate of the: cost of construction of the railroad, and assured the Directors that there would be no doubt that it could be built for less than’ that etrount:-In-the matter ot ‘ebyines there is no doubt his estimate is very high:—~PNS Chief Engineer of the Central Pacific Railroad was before the Board of Supervisors of this county two years ago, and had the bills from the manufactories of nearly every-ebgine they then had on the road, and he swore that their best and heaviest engines cost but from eight to ten thousand dollars. ~ Can it be: possible that a light narrow gauge engine will cost as much as the largest wide pange. We believe’ two-engines fit for our road can be LUMBER FORTHE RAILROAD. The estimate of Chief Enginéer Bates, puts the lumber to be used, inthe construction of the road, at regular retail rates. There is any quantity of tintber in this region, and numerons” saw: mills. réady to firnish ull. that is necessary. Is. there any doubt a lively competition will: spring up’ between the rival companies, and the price be reduced to much less than the estimate? And will not any of the contractors furnish the lumber and give time on helieve they wi-l, and the cost cf the lumber-be much léss than is estima= ted, : 4 THE VERDICT. If. the railroad is allowed to fizzle, the verdict of the people of the State will be that Nevada County -can do more blowing for less money, than the franchise was asked for, those who urged it, stated. that the road would” be built “aiyway, and that there were a few ten whd would put it through if thay had no assissistance from the people. Over butf the amount has been subscribed,and still the completion isin doubt, There will be cursing .and ghishing of teeth if it is now abandoned. acess os ~ HIGH GRADES, We have elsewhere stated that it is practicable to take-the short cut at a place Engineer Bates mentions, and save $48,000. TheCentral Pacific ' did that way in “hundreds of. places, and have, since the road cominenced . to pay,run them in other places. All roads do it, and why can not the Colfux and Nevad&é road do it? ter awhile make the change if necessary. Where “will the Money Go To? Thexe is two hundred and forty odd thousand dollars subscribed to. the railroad now. Will that not be more than sufficient to pay for all the labor and stock necessary: to complete the road bed. If so, can not all the other materials and rolling stock be purchased on ‘five and ten years time at a low rate of interpest? =Manufacturers. always. give . time on their stock when the se: curity is good. Can any More Money be Raised? If there is a man, woman er child who can’and will take one or more shares in the stock of the Railroad Company, by all means go to the Bank of Nevada Cuunty before 12 o’clock to-day and subscribe, Subscripticns to the stock will also be received by Judce Searls, Ny P. Brown, T. W. Sigourney, M. L. Marsh. Many persons promised-the Railroad Committe that they would subscribe for a few shares of stock, but they have not done so yet. Will they please come forward and subscribe to-day. Others said rather than sée the road fail, they wonld take something. Was there ever a better chance for a failure? Let all do their duty to-day, and make the umount as large as, possible, . : a " ‘THE EFFECT: disincorporate, many of our eapitalists will take their money and go elsewhere to live. The result will er property, will be taxed double their pr. sent amonnt, to support the expense of the county government. All improvements will stop and dry rot wil) setin’all over the county; towt-property cam not be sold for If thé railroad company should LET OTHERS DO 80, 0; Earl Brown, although engaged prise, which will take ali his funds, ‘and ‘which is of great importance to the community, “yesterday subnot otbers-go forward and do like‘wise and swell the amcunttoa much larger figurethan it-is at present. last chance to save the’ town. ~“ GLOOMY DAY. If the directors of the Nevada Counahead with the raiiroad, it will be a day of-alldays to be long femembered. It -will_cast a terrible gloom . over the cc mmunity, and be a death blow to the' prosperityof Grass Valley aiid Nevada ats: 5 QUICK WORK. When an enterprise. is to be accomplished the quicker it is pushed ahead the better it is. Inaction t ries, We hope if it is decided to complete the road, the officers will’ rash it right along,and have the cars Sopesionen * REJOICING. “If the Directors decide to go \abead withthe railroad,’ there will be general rejoicing in this. city. The bells and guns will be brought into use,-and-the people will be rélieved. from the suspense they have been in for-the-last two-months:en = Lowell Hill, «’ A correspondent from Lowell Hill sends us the following items of interest: ‘Times are very lively about here. Every one is busy, and there are no idlers, The mines ure all’ running, and the pay isgood. They are getting-in-their-winter’s-wood-and-timbers for use in the mines. The Swamp Anfel-Co, are making prepurations to doa long. winter’s work. They are getting between five and are having another car made, which makes four in all used in the mine. Each car will hold. about aton. The hotel kept by John Regan is fall of. boarders, and be is doing well. The store is doing a large’ trade in. supplying the various—mines in the vicinity, The school at Liberty Hill under the charge of Miss Kate Hirley of your city, is progressing, and all seem to be satisfied with the work being dope, The daily attendanceaverages 20 pupils, Altogether, things are looking very prosperous here, and every one is happy. toe Advertised Letter List. The following is a list of the letters remaining in the Post Office in this city, for the week ending Monday, August 81st, 1874. Persons inquiring for any of these letters, wil} please say ‘tadvertised:”’ Mrs. M. Sutherland, Benjamin Sanders, David W. Stanger, Mano Jace Ferrier Freichoa, Martin White, . Chas, Anderson, Mrs. Eve Herbert, Archie Lee,E, J. Mize,Edward May, . Alferéd Earley, Mr. Dungray, Chas, Dickson, Mis. Mary Click, B. Sanders, James Scott, Miss. Mury J. Coates, D. J. Perkey. Real Estate and Insurance Ageney. 8. By Davenport advertises in an-other column of to, day’s TRaNscripr that he is prepared to issue policies’ in both life and fire insurance Companies. Also that he will buy, sei}, and rent houses, make collections, and do a genera} real estate business. Mr. Davenport: is Justice of tbe Peace and Notary Public. His office is opposite the National Hotel, on Broad street. Vivian. The great Vivian will give an entertainment soon at the theatre in this eity. He bas. just returned from a very successful tour through the southern part of the, State. Large audiences greet him wherevehe gues, His name and fame are familiar to all, and we doubt fot the theatre will be crowded on ihe nights of his appearance here, Returned. Rev. J. Sims and John S. Dunn have returned from the’r pleasure trip to the mountains greatly im‘proved in health. We are promised an account of the trip soon. Real Kstate Sale. J. C. Wells has boughtthe Findly place opposite Judge Searls’ in ‘this city. Mr. Wells sometime since’ sprained his ankle and has been nnhalf-its present value, and every one the work, .° and they were earnest in the matter. ® : ~~ will want to leave the county, j the accident, able to bear any weight upon it since e in constructing the V flume enter-. scribed $1,000 to the railroad. Will’ Do it before hoon“to-day. It is the. ty Railroad decideto-day to not go} \ . Freddie Clark, Robert Clark,. Johnwill kill, ‘Phere’ has been already F too much time spent on prelimina. : running vt the earliest possible date, . ing put down in front of the building six thousand posts and caps out, and . iC ALF DAR ATR Ia Life. Like Picture. ~~? Townsend B. Settle, who is agent for Hildreth, Young &-Co., the original inventors and manufacturers of the phiotocrome picttres, has just received an enlarged c@py of a pho‘topraphof “Wathiee “Williams, “de> “ceased, and every one who has seen -if declares it a life-like picture of. that ivdividual. —The pictures are copied en a metallic plate and. finished in India itk and_are sata never to fade. Several-otber parties received pictures at the same time and aré-highly pleased with them. ee 0 pe rest Roll of Honor, The followmg pupils are on the roll ‘of bonor ia he Graniteville schoo] forthe month éuding August Maggie Clark, Mollie Keller, “Ax Dillon, Annie Young, Henry Youn nie Shand, Fred Watson, JohnDilJon, Soest es : as Lost, = A bunch of keys. Oné flat and several common keys. The finder wall please leave’ them ‘at. this. office. New Plank, C. Beekman is having new plank. oceupied by him, whieh is owned by .W. M. Thomas. . "he planks are of the best quality of cedar, four inches. thick. The work was badly néeded, and a goud job is being-done. Dissolution of Copartnership, By notice found elsewhere it will be seen that the firm of Hinds & Nicholson has been dissolved by mutual consent, and that Mr. Nicholson will receipt for all cebts due the firm, and. pay all demands against it. _ In Town. Mead, arrived in town yesterday and was greeted by h’s numerous friends. We hope no one is to be closed out. ‘THEATRE, ow 4 CHARLES VIVIAN, The Great Original Comedian ana and Vocalist, i oe Songs, Sketches, etc., have made his name so popular in London, New York. Philadelphia, Boston, etc, ‘wd Who appeared over ‘Three Hundred Consecutive Nig its in» pan Frapcisco, will Bive two of bis unique : : PARLOR EFTERTAINMENTS, IN NEVADA CIT1, ON Wedne-day Eve’ng, Sept. 9th, ERD ES Thursday Evennig, Sept. 10th. : When he will be assisted by MRS. J. BEIFFATH, Soprano Vocalist, and MADAME A, E. MUSE, The Brilliant Pianiste, ° On which occasion he ‘will NEWEST SONGS, SKLTCHES, ANECDOTES, IMPELSONATIONS, etc, Change of Progrumme each Evening. Admi-sion Chi.ctren present his One Dollar. Hait Price, A-F. BalLFY, Business Manager. C. B. TEKKILL, Advance Agent, Cesc eccrmnesen sl General Insurance Agency, BOL LIFE AND FIRE, OLLFCTION OF ACCOUNTS ard CON. Ve ¥YANCING PROMPLLY and CAKEBULLY ALLENDE kD TO. Acknowledg ments Taken. a REAL ESTATE AGENCY. S. B. DAVENPORT, Notary Public and Justice of the Peace. OFFICE ON BROAD STREET, OPPO. SI’ NATIONAL EXCHANGE HU'NTEL, ~Nevada City, Sept. 1, 1874. Assessment Notice. He GOLD MINING COMPANY, Le a ion of works’\. ¥.da township, Nevaaa Coucty Cal. Notice is ler by Bivun, that at a mecting of the Trustees of said Company, held on the Twenty ninth day of August, A.D. 1374 an Assess. mn nt of Fiity. Cents per share was levieu upon the Gupitaul stock of said Couipany, payable ou the Juth cay of September, 1x7: , In-vuited States Gold Coin, to the secre. tary, at the Olfice of the Cumpauy, No.9, Montgomery Bivck, in the city of ban francisey. Any Stock Upou Which suid as. Sesaeut shall remit uupaid on the Ist day oP uctuber, A Db. loT4, wili be advertised as delinquent, wna unless paywent shail be made“vstor-, will be suid oa the Ist day of Noveaiber, A, D. ‘1874, to pay the’ deling nent assessment together-with costs OF advert Bins auwerp Des of the dale. ¥ A. Wa PLUMAN, Secretary. Office’at No. 9, Moutyvmery Block, San Frauciscy, Cal. : an ek a Vissclauon, 5 NHE Copartnership heretofore existing btw FP. 4. Hin said T. L. NichOmen, wud T the fit uaimecfHinds & Nichol Sou, Dds Luis dey Deen dissurved by mutus . cunsent. ‘Phe ousivers will hereafter bi . couducted by T. L. Nicho Sul, Who is authorized to collect aii bills due the gaia . Nevada City, Aug. firm,and pay all demands &aguiust the sume, F.HHL+ Ds, 28th, -Miss Mary Madigan} teacher: . PIANOS, o ORGANS, ‘Gor. Kearhey & Sutter Sts., San ic. Wholesale und Ketuil Music cag co, ‘Weber Pianos are the Best’ And are now used in Concerts by all of our > Send for. Descriptive Circular, . a The-Sherman & Hyde Piano, FIRST CLASSINSTRUMENT, Sold at Four ‘Hundred Dollars!) pur Square Pianos are. \7 1, octave, aud: * ‘ensbreces all Modern Improvements Buch as elégunt Rosewood Case, Beautiful Mouldings: Full lron Frame, Carved Legs and Lyre, Overstrung Bass, Apritfe Trebie, etc. Length 6feet 10 inches; width, 3 feet 6 inches, and are 5 FULLY WARRANTED. FOR TEN YEARS, Agents’ wanted in-évery county’ county in-. the State ror the ~ Celebrated Standard Organ! ~ Whith for Volume of Tone, Beauty of Case, Superiority of Workmanship, Ejegauce of Finish and Durability, IS UNRIVALLED. We keep constantly on hand a god as. sortinent of C ~ Reliable Cheap Pianos, _ “SEVEN AND A HALF-OCTAVE, AGRAFFE TREBLE, MADE FROM THE BEST SEASUNED MATERIAL AND FULLY ‘WARRANTED. Prices as low as worthless Pianos can be’ ‘obtuineu elsewhere. PIANOS AND ORGANS . ‘SOLD ON EaSY INSTALLMEN'S, IF DESIRED, Call and see us before purchasing. . sepl SHERMAN & HYDE, No. 604. Application fur a Patent to a Mining Claim, Ufserep Staves LAND OFFICE, ’ bacraineutu, Cul., Aug. 27, 18745 OTICE is hereby given, That William N Aistie, Whuse Post Otfice is You Bet, P Nevada county, Cal, bas made application » for Patent tor the Missvari Canon Placer Mine, situate in You Bet Mining District, Nevada cuuuty, Cul. and described in the Piat anu field nutes on filein this offi e as follows, viz ; -urv. y of Exterior boundaries. Comiuencing ct » Stake marked ‘Mo, Nol,” [Missvuri Nu 1,} aud **U, No 11” (Caliturnia No Litre wuiich a pine 6 inches in ‘dameter beurs N 16> b 6U links distant ana & Spruce sLUuIp Stunding on the south Bide vf Missuur. Canon boars 8 6° 15’ W 3.65 Cbs distunt ‘4 Lence on a true line,vaYiation 18> bust. S oY W 12.60 chs follew. lug down the nerib iive of Missouri Canon to w Diack ouk 5 i ua, marked ‘*Mo. No 2” and U No 12” Giouuu on the Horch owned by Ruse & Duryea, 5 8? W 18.00 chs tos spruce 40 lucucs iD diameter, marbed ‘Mo No 3” and sianding on the north bank of Missouri C won, 1,20 chs from the edge of tailings. o45> 45’ W 4.5 ehs cross the beClivw tie between-Secs 20 and 36, Ip 16, Niv¥Y gw, MD M lu cho West of corner gomWow by Dicbls 45, bb, JU und], 10.30 che to alive oak aukea'tMo No 4” $8 779 45° W 8.15 chs tu uw live Ouk marked ‘Mo No 6” 8 34> 15’ E385 ¢ os, crossing Missouri canon to w Diack Ovk 42 luches icties in diameter, Moarhed Mo Nu 6.” N ov? E 7,20 clis, toa Or wee 24 iches d’a. luarked ‘Mo No. 7” Stand) gat the junction «tthe West side of Wililuius wuvine with the south side of Missour Uunon. » 62> & 6.00 chs running Mp tue Wert siae of Williams ravine to 4 Spruce.tr ¢ 4U Lu dia, maraed **Mo No 8." N 5)> E145 cus @ ross Wiliams Ravine toa Live ouk 20 im wis, ia. bed ‘Mo No 9” stunding on the sist sive vl Williams ravine, N 4u~ ol’ W354] Cis tua biack oO. Kk. 8 in dis mnarked ** Mo No lv’ stasdiny at the june tien uf the dust siue of Williams ravine With the suuth side of Missuuri canon. bodu’ 11,21 cus. tu the corner common to Sets 2oan 36, Lp 16 Nit, 9 East,and Jv a d3i. ‘Lp io N «luv vast M D B and M. NWT 40" 4 10 20 chs tus @ive oak 36 in dia marked **Mo Noli” $ 88> 160° E 13.81 chs to #sprace stump m.rked ‘Mo No 14 N 5°15 2 d.65 cls wv pisce of beginning and Coun 19,51 avres aud being a portlou OF tue o4g of aw iy JU, 16 N10 & aud 5 i & oi 82 vee 25, and Nb gy of NE of bec 30, ‘Tp lu, Nk Yaiart Mt Diablo Bare @ud Merigiau. dad jJocation was made ubou the year lood by Joseph Chew, Bib ext Chew aud J) Kora, Lo record of which can now b:.uubud, Adjuiuing claimants are Hove & Duryea on tue worth, Burk & MeCarthy on the East Strasahaun & Co,on the West Gud Vacuut aanden t »¢ Suuth, Ail persons boing apy adverse claim thereto are herepy reqdired to present the Bune befure this oflice within sixty days irom tue frst duy or publisning herevt. T. B. McFauLaND, Kegister. C.H Wyman, atiy. : sep) Aaminisirator’s Sale. OTICE is hereby given. thot im putSUance “Vl au vrurr of the Provate Kuur, Orthe Couuty, ui Nevada, State of Cnluruls, mace ou the Tuurty-firet dey of Augusi, A.V. Loi+, iu the matter of the e tate of Linina trait, ceceased, the under Sigued, Auasiuisteutor or said deceased, will Bull BL public auciwn. tu the highest bidacl, 1UF Casi, UL “buasuay, tue ¥bh day of Sepleluber, ».V 1sis, at luu’e ock, A. at (My duchon siies Pow pi J. 8. Holbroeb, Bivau shee , lu ue ¢ Ay Devada, ip said “‘beyaus county, tle lulowing person om property, to Wi: ieusteau, 2 Hair Mat Crasses, RlLowel nuck. FP Buceau, 1 8ink,! <Wilg Machine, 2 Trunks.) — stuud, k small Tabie, I 1 Cane sucker, 2 Le rine Gola Chains, taining seven Lounge, 1 Whatuot, 1 W Mlirrer, 1 busy Ui ales Pine Gul. Wate, 1 Ladies Via .Ouud bin, fT: Lb. NICHOLEON. ‘a Mision, 1 tia Guict King) Quart Cup, 4 Picture, «te. i _ sl Adinjnietratosy %

onniinrneneatnrssnmancth Che Daily Transcript ee NEVADA CITY, CAL, — Tuesday , a nl . September 1, 1874. FYE SOG RARER LSE ’ A meeting of directors will be held to day at which itis proposed to sub“mit to the stockholders the question, whether the railroad company shall disincorporate. There has not been the required amount subscribed. dnder the resolution passed -at the ‘Jast. meeting of the directors, ‘they ,. have 4 right to submit the question. ‘The question is, will they.do it? _We hope the, officers when they. meet to day, williact deliberately, and re. _ ___ thinking-of—abandoning-the-enter‘= prise. The question to be decided _ is of too. much importanee fo the: prosperity of the’ people and the . . county, to be carelessly treated. “There is a unity of sentiment among all the people about the necessity of ‘the road. Its completion assures ’ . the material prosperity-of the coun: ty for all time. A failure to build it is‘certain to prodico disastrous te‘sults. Every citizen knows what the effeet will be. It is trne ithere ure those who ought to, have subserib@d, who have not done so, paid it is true that some who hayo’ subscribed: ought to haye doubled their subscription, yet it will not do to let the enterprise fail to spite these par' ¢ties, although they deserve it. We believe.with the _present—amountsubscribed, the directors.are justiticd in comméncing to build the road, In the first place, the expense of con\ »~ to eighty thousand dollars, and perhaps more. There is enough subscribed to complete the road-bed already, and have a surplus remain. Tf that was done, would not any iron . company Stock the road, furnish the rails, and take the bonds of the company a8 security? We belive they would.. Manufacturers of railroad iron have large supplies on-hand; “from the fact that railroad “building is ata standstill, Recent legislation has had the effect to stop the construction in the East, and the mannfacturers would be glad of the opportunity to disposo of: their’ immense: stock on hand, and take security as good as the Coax Railroad can give. Other companies obtained charters about the same time that this compny did, and they have ‘all commenced the construction of their roads, although their franchises were not nearly as liberal as this one. We believe not one of .them had as large a proportion of the probable cost of construction subscribed as this road has. We further believe . that no road ever built had as much subscribed in proportion to the cost as this one has, And it is capable of demonstration that no line of road of equal Jength -in the country will pay~as Well as this. What then can be urged-as a reason for abandoning the enterprise. There has been onefourth of the “amount subscribed paid up, and every. stockholder stands ready to pay the balance. So fur as this town is concerned, we . . can assure the directers that not on share will be abanduned. All the shareholders ask is to have the road built. When work is commejced, und capitalists see.a determination on the part of officers to. cofaphkte the sume, ‘and when they sbe the company and people exhibit. their sonfidence in the road’s paying, thiy too wiil have confidence in the investment, snd any desired amount can be obtained on the security’offered, No good financier will make a loan vn'an enterprise like this” one until the managers show a determination to push it through. When its completion is assured, they will come here and see what there is to warrant the building of the road in the way vf business. When they are satisfied there is a prospect of the road paying a liberal interest on the investnent, why will.they not be anxious to loan the desired amount for x long series. of years, There are millions of dollars awaiting good investments. Does anyone doubt the road will not pay? And can any one doubt its lmsiness will greatly . The investment is a good one and all whe will take the puins to look the niatter ever will be convieced of it. The _ report of the direetors Inst spring proved it. Commence the work »nd ali the wonev required ean be raised. We feel conficeut the officers attheir meeting to day, will meet the wishes of every mah woman and ebild in -the-ecounty and vote tu go abeud with increase from year to year? tion'for the job, and the compauy struction can be lessened from fifty . Strike tht iten it will be time enough to put up an-. Nevada County Railroad—Reducé the “Engineer's Esti“mate. ee aS _ Engineer Bates stated to the Directors, when. making his report, that at one point on the road'the sam of -. .$48,000.could.be deducted trom--hie4 statement by taking a shorter route, although the grade would be for a short distance, about 167 feet to the mile, while the balance of tho sur‘vey wis about 105. He advised them not to do.it on account’of wear and tear of track and cars. Suppose for the present, that this saving -is made, aud when the company can afford it, then adopt the originalsurvev:~Better do this than sacrifice . _ We ure confident the road bed estimate can be reduced at least $10,000.. There will—begreat competiwill get NOM o ee “For the-peesent, buy only oné engine anfl save $10,000; while it. may be inconvenient, it is better to do that than not build the road:. Instead of havingone. engind for the passenger train’ and “one for the freight train, attach the: freight ears to the-passenger train. Ste here is no necessity at present of having over seven box freight cars, and there will be a saying of $4,800. Seven’ platform. cars -will. be all that is needed for the present, and there can be saved $4,000, ‘The depots at Grass Valley and Nevada are estimated at $1,500 éach. at least $10,000 benefit thereings at each place and save $1,500. We can stand a cheap building for the sake of the road, ~ teduce. the price forthe small station at Buena.Vista to $250, and there save $250. The sum_of $8,000°is included in the estimate for a machine shop, “out entirely, and give the work to the Grass Valley and Nevada foundries, which will be done cheaper at these places than the company can do it. . Strike out one of the engine houses and save $1,500; When woe can afford to buy another engine, then other engine house, : There may be other items that can be cut down, and they should be’ by aull-nreats, Take the above, busis, and we find the condition. as follows: Taking the short route, $48,000.. Reduction on road bed, 10,0u0, “ One engine, 10,000, iy Freight cars, 4,800. as Platforiy ‘' 4,000. Depot buildings, 1,500, Buena Vista sta’,: 250, Machine shop, 8,000. Engine house, 1,500, Total, $88,050. Here we-have a reduction of $88,050, which we sincerely believe ean be made in order to insure the building of the roud, and then the finuncial affairs of the Company will stund as follows: Am't of stock sub’d, $241,300, Reduction on estimate ‘as above stated, 88,050, a : : Total, $329,350, ; The cost of the entire rvad, as_per engineer Butes’ estimate, exclusive of the right of way,is, $411,132.56. Sub’d te stock and — red’ct as above, 329,350.00, Leaving a debt of $81,782.56, Now inthe pame of God, when! the salvation ofthe ccunty depends upon it, shall the company vote te disineorporate after such-a showing is made? We call upon the direetors, at their meeting to-day, to and we are contident they will unanimously declare them as correct as they can be obtained. If.our fis ures are correct, the cost of the roud will be $323,082.56. THE RAILROAD DEBT. If the Directors conclude to. build the road with.the present amouut subscribed, they will have to carry u debt of from eighty to one hnnured thousand dollars.’ Well, what if they do? Was there ever a railroad built that had no debt due from it after its completion. The debt on this road would be less in proportion to its cost than any road ever constructed in the United States. & LIVELY. The interest manifested for the railroad yesterday, exoeded that of any time since the project was com-. menced. Every one talked railrodd . ptocured for twelve thousand dollars. . Some parts of the amount?. We be-. For the present put _np $750 -build-}. Build it any practicable way and afthoroughly scrutinize—thesetigures; > ‘be, those who have,mines and ‘Oth. COST OF ENGINE: Engineer Bates amade ah estimate of the: cost of construction of the railroad, and assured the Directors that there would be no doubt that it could be built for less than’ that etrount:-In-the matter ot ‘ebyines there is no doubt his estimate is very high:—~PNS Chief Engineer of the Central Pacific Railroad was before the Board of Supervisors of this county two years ago, and had the bills from the manufactories of nearly every-ebgine they then had on the road, and he swore that their best and heaviest engines cost but from eight to ten thousand dollars. ~ Can it be: possible that a light narrow gauge engine will cost as much as the largest wide pange. We believe’ two-engines fit for our road can be LUMBER FORTHE RAILROAD. The estimate of Chief Enginéer Bates, puts the lumber to be used, inthe construction of the road, at regular retail rates. There is any quantity of tintber in this region, and numerons” saw: mills. réady to firnish ull. that is necessary. Is. there any doubt a lively competition will: spring up’ between the rival companies, and the price be reduced to much less than the estimate? And will not any of the contractors furnish the lumber and give time on helieve they wi-l, and the cost cf the lumber-be much léss than is estima= ted, : 4 THE VERDICT. If. the railroad is allowed to fizzle, the verdict of the people of the State will be that Nevada County -can do more blowing for less money, than the franchise was asked for, those who urged it, stated. that the road would” be built “aiyway, and that there were a few ten whd would put it through if thay had no assissistance from the people. Over butf the amount has been subscribed,and still the completion isin doubt, There will be cursing .and ghishing of teeth if it is now abandoned. acess os ~ HIGH GRADES, We have elsewhere stated that it is practicable to take-the short cut at a place Engineer Bates mentions, and save $48,000. TheCentral Pacific ' did that way in “hundreds of. places, and have, since the road cominenced . to pay,run them in other places. All roads do it, and why can not the Colfux and Nevad&é road do it? ter awhile make the change if necessary. Where “will the Money Go To? Thexe is two hundred and forty odd thousand dollars subscribed to. the railroad now. Will that not be more than sufficient to pay for all the labor and stock necessary: to complete the road bed. If so, can not all the other materials and rolling stock be purchased on ‘five and ten years time at a low rate of interpest? =Manufacturers. always. give . time on their stock when the se: curity is good. Can any More Money be Raised? If there is a man, woman er child who can’and will take one or more shares in the stock of the Railroad Company, by all means go to the Bank of Nevada Cuunty before 12 o’clock to-day and subscribe, Subscripticns to the stock will also be received by Judce Searls, Ny P. Brown, T. W. Sigourney, M. L. Marsh. Many persons promised-the Railroad Committe that they would subscribe for a few shares of stock, but they have not done so yet. Will they please come forward and subscribe to-day. Others said rather than sée the road fail, they wonld take something. Was there ever a better chance for a failure? Let all do their duty to-day, and make the umount as large as, possible, . : a " ‘THE EFFECT: disincorporate, many of our eapitalists will take their money and go elsewhere to live. The result will er property, will be taxed double their pr. sent amonnt, to support the expense of the county government. All improvements will stop and dry rot wil) setin’all over the county; towt-property cam not be sold for If thé railroad company should LET OTHERS DO 80, 0; Earl Brown, although engaged prise, which will take ali his funds, ‘and ‘which is of great importance to the community, “yesterday subnot otbers-go forward and do like‘wise and swell the amcunttoa much larger figurethan it-is at present. last chance to save the’ town. ~“ GLOOMY DAY. If the directors of the Nevada Counahead with the raiiroad, it will be a day of-alldays to be long femembered. It -will_cast a terrible gloom . over the cc mmunity, and be a death blow to the' prosperityof Grass Valley aiid Nevada ats: 5 QUICK WORK. When an enterprise. is to be accomplished the quicker it is pushed ahead the better it is. Inaction t ries, We hope if it is decided to complete the road, the officers will’ rash it right along,and have the cars Sopesionen * REJOICING. “If the Directors decide to go \abead withthe railroad,’ there will be general rejoicing in this. city. The bells and guns will be brought into use,-and-the people will be rélieved. from the suspense they have been in for-the-last two-months:en = Lowell Hill, «’ A correspondent from Lowell Hill sends us the following items of interest: ‘Times are very lively about here.

Every one is busy, and there are no idlers, The mines ure all’ running, and the pay isgood. They are getting-in-their-winter’s-wood-and-timbers for use in the mines. The Swamp Anfel-Co, are making prepurations to doa long. winter’s work. They are getting between five and are having another car made, which makes four in all used in the mine. Each car will hold. about aton. The hotel kept by John Regan is fall of. boarders, and be is doing well. The store is doing a large’ trade in. supplying the various—mines in the vicinity, The school at Liberty Hill under the charge of Miss Kate Hirley of your city, is progressing, and all seem to be satisfied with the work being dope, The daily attendanceaverages 20 pupils, Altogether, things are looking very prosperous here, and every one is happy. toe Advertised Letter List. The following is a list of the letters remaining in the Post Office in this city, for the week ending Monday, August 81st, 1874. Persons inquiring for any of these letters, wil} please say ‘tadvertised:”’ Mrs. M. Sutherland, Benjamin Sanders, David W. Stanger, Mano Jace Ferrier Freichoa, Martin White, . Chas, Anderson, Mrs. Eve Herbert, Archie Lee,E, J. Mize,Edward May, . Alferéd Earley, Mr. Dungray, Chas, Dickson, Mis. Mary Click, B. Sanders, James Scott, Miss. Mury J. Coates, D. J. Perkey. Real Estate and Insurance Ageney. 8. By Davenport advertises in an-other column of to, day’s TRaNscripr that he is prepared to issue policies’ in both life and fire insurance Companies. Also that he will buy, sei}, and rent houses, make collections, and do a genera} real estate business. Mr. Davenport: is Justice of tbe Peace and Notary Public. His office is opposite the National Hotel, on Broad street. Vivian. The great Vivian will give an entertainment soon at the theatre in this eity. He bas. just returned from a very successful tour through the southern part of the, State. Large audiences greet him wherevehe gues, His name and fame are familiar to all, and we doubt fot the theatre will be crowded on ihe nights of his appearance here, Returned. Rev. J. Sims and John S. Dunn have returned from the’r pleasure trip to the mountains greatly im‘proved in health. We are promised an account of the trip soon. Real Kstate Sale. J. C. Wells has boughtthe Findly place opposite Judge Searls’ in ‘this city. Mr. Wells sometime since’ sprained his ankle and has been nnhalf-its present value, and every one the work, .° and they were earnest in the matter. ® : ~~ will want to leave the county, j the accident, able to bear any weight upon it since e in constructing the V flume enter-. scribed $1,000 to the railroad. Will’ Do it before hoon“to-day. It is the. ty Railroad decideto-day to not go} \ . Freddie Clark, Robert Clark,. Johnwill kill, ‘Phere’ has been already F too much time spent on prelimina. : running vt the earliest possible date, . ing put down in front of the building six thousand posts and caps out, and . iC ALF DAR ATR Ia Life. Like Picture. ~~? Townsend B. Settle, who is agent for Hildreth, Young &-Co., the original inventors and manufacturers of the phiotocrome picttres, has just received an enlarged c@py of a pho‘topraphof “Wathiee “Williams, “de> “ceased, and every one who has seen -if declares it a life-like picture of. that ivdividual. —The pictures are copied en a metallic plate and. finished in India itk and_are sata never to fade. Several-otber parties received pictures at the same time and aré-highly pleased with them. ee 0 pe rest Roll of Honor, The followmg pupils are on the roll ‘of bonor ia he Graniteville schoo] forthe month éuding August Maggie Clark, Mollie Keller, “Ax Dillon, Annie Young, Henry Youn nie Shand, Fred Watson, JohnDilJon, Soest es : as Lost, = A bunch of keys. Oné flat and several common keys. The finder wall please leave’ them ‘at. this. office. New Plank, C. Beekman is having new plank. oceupied by him, whieh is owned by .W. M. Thomas. . "he planks are of the best quality of cedar, four inches. thick. The work was badly néeded, and a goud job is being-done. Dissolution of Copartnership, By notice found elsewhere it will be seen that the firm of Hinds & Nicholson has been dissolved by mutual consent, and that Mr. Nicholson will receipt for all cebts due the firm, and. pay all demands against it. _ In Town. Mead, arrived in town yesterday and was greeted by h’s numerous friends. We hope no one is to be closed out. ‘THEATRE, ow 4 CHARLES VIVIAN, The Great Original Comedian ana and Vocalist, i oe Songs, Sketches, etc., have made his name so popular in London, New York. Philadelphia, Boston, etc, ‘wd Who appeared over ‘Three Hundred Consecutive Nig its in» pan Frapcisco, will Bive two of bis unique : : PARLOR EFTERTAINMENTS, IN NEVADA CIT1, ON Wedne-day Eve’ng, Sept. 9th, ERD ES Thursday Evennig, Sept. 10th. : When he will be assisted by MRS. J. BEIFFATH, Soprano Vocalist, and MADAME A, E. MUSE, The Brilliant Pianiste, ° On which occasion he ‘will NEWEST SONGS, SKLTCHES, ANECDOTES, IMPELSONATIONS, etc, Change of Progrumme each Evening. Admi-sion Chi.ctren present his One Dollar. Hait Price, A-F. BalLFY, Business Manager. C. B. TEKKILL, Advance Agent, Cesc eccrmnesen sl General Insurance Agency, BOL LIFE AND FIRE, OLLFCTION OF ACCOUNTS ard CON. Ve ¥YANCING PROMPLLY and CAKEBULLY ALLENDE kD TO. Acknowledg ments Taken. a REAL ESTATE AGENCY. S. B. DAVENPORT, Notary Public and Justice of the Peace. OFFICE ON BROAD STREET, OPPO. SI’ NATIONAL EXCHANGE HU'NTEL, ~Nevada City, Sept. 1, 1874. Assessment Notice. He GOLD MINING COMPANY, Le a ion of works’\. ¥.da township, Nevaaa Coucty Cal. Notice is ler by Bivun, that at a mecting of the Trustees of said Company, held on the Twenty ninth day of August, A.D. 1374 an Assess. mn nt of Fiity. Cents per share was levieu upon the Gupitaul stock of said Couipany, payable ou the Juth cay of September, 1x7: , In-vuited States Gold Coin, to the secre. tary, at the Olfice of the Cumpauy, No.9, Montgomery Bivck, in the city of ban francisey. Any Stock Upou Which suid as. Sesaeut shall remit uupaid on the Ist day oP uctuber, A Db. loT4, wili be advertised as delinquent, wna unless paywent shail be made“vstor-, will be suid oa the Ist day of Noveaiber, A, D. ‘1874, to pay the’ deling nent assessment together-with costs OF advert Bins auwerp Des of the dale. ¥ A. Wa PLUMAN, Secretary. Office’at No. 9, Moutyvmery Block, San Frauciscy, Cal. : an ek a Vissclauon, 5 NHE Copartnership heretofore existing btw FP. 4. Hin said T. L. NichOmen, wud T the fit uaimecfHinds & Nichol Sou, Dds Luis dey Deen dissurved by mutus . cunsent. ‘Phe ousivers will hereafter bi . couducted by T. L. Nicho Sul, Who is authorized to collect aii bills due the gaia . Nevada City, Aug. firm,and pay all demands &aguiust the sume, F.HHL+ Ds, 28th, -Miss Mary Madigan} teacher: . PIANOS, o ORGANS, ‘Gor. Kearhey & Sutter Sts., San ic. Wholesale und Ketuil Music cag co, ‘Weber Pianos are the Best’ And are now used in Concerts by all of our > Send for. Descriptive Circular, . a The-Sherman & Hyde Piano, FIRST CLASSINSTRUMENT, Sold at Four ‘Hundred Dollars!) pur Square Pianos are. \7 1, octave, aud: * ‘ensbreces all Modern Improvements Buch as elégunt Rosewood Case, Beautiful Mouldings: Full lron Frame, Carved Legs and Lyre, Overstrung Bass, Apritfe Trebie, etc. Length 6feet 10 inches; width, 3 feet 6 inches, and are 5 FULLY WARRANTED. FOR TEN YEARS, Agents’ wanted in-évery county’ county in-. the State ror the ~ Celebrated Standard Organ! ~ Whith for Volume of Tone, Beauty of Case, Superiority of Workmanship, Ejegauce of Finish and Durability, IS UNRIVALLED. We keep constantly on hand a god as. sortinent of C ~ Reliable Cheap Pianos, _ “SEVEN AND A HALF-OCTAVE, AGRAFFE TREBLE, MADE FROM THE BEST SEASUNED MATERIAL AND FULLY ‘WARRANTED. Prices as low as worthless Pianos can be’ ‘obtuineu elsewhere. PIANOS AND ORGANS . ‘SOLD ON EaSY INSTALLMEN'S, IF DESIRED, Call and see us before purchasing. . sepl SHERMAN & HYDE, No. 604. Application fur a Patent to a Mining Claim, Ufserep Staves LAND OFFICE, ’ bacraineutu, Cul., Aug. 27, 18745 OTICE is hereby given, That William N Aistie, Whuse Post Otfice is You Bet, P Nevada county, Cal, bas made application » for Patent tor the Missvari Canon Placer Mine, situate in You Bet Mining District, Nevada cuuuty, Cul. and described in the Piat anu field nutes on filein this offi e as follows, viz ; -urv. y of Exterior boundaries. Comiuencing ct » Stake marked ‘Mo, Nol,” [Missvuri Nu 1,} aud **U, No 11” (Caliturnia No Litre wuiich a pine 6 inches in ‘dameter beurs N 16> b 6U links distant ana & Spruce sLUuIp Stunding on the south Bide vf Missuur. Canon boars 8 6° 15’ W 3.65 Cbs distunt ‘4 Lence on a true line,vaYiation 18> bust. S oY W 12.60 chs follew. lug down the nerib iive of Missouri Canon to w Diack ouk 5 i ua, marked ‘*Mo. No 2” and U No 12” Giouuu on the Horch owned by Ruse & Duryea, 5 8? W 18.00 chs tos spruce 40 lucucs iD diameter, marbed ‘Mo No 3” and sianding on the north bank of Missouri C won, 1,20 chs from the edge of tailings. o45> 45’ W 4.5 ehs cross the beClivw tie between-Secs 20 and 36, Ip 16, Niv¥Y gw, MD M lu cho West of corner gomWow by Dicbls 45, bb, JU und], 10.30 che to alive oak aukea'tMo No 4” $8 779 45° W 8.15 chs tu uw live Ouk marked ‘Mo No 6” 8 34> 15’ E385 ¢ os, crossing Missouri canon to w Diack Ovk 42 luches icties in diameter, Moarhed Mo Nu 6.” N ov? E 7,20 clis, toa Or wee 24 iches d’a. luarked ‘Mo No. 7” Stand) gat the junction «tthe West side of Wililuius wuvine with the south side of Missour Uunon. » 62> & 6.00 chs running Mp tue Wert siae of Williams ravine to 4 Spruce.tr ¢ 4U Lu dia, maraed **Mo No 8." N 5)> E145 cus @ ross Wiliams Ravine toa Live ouk 20 im wis, ia. bed ‘Mo No 9” stunding on the sist sive vl Williams ravine, N 4u~ ol’ W354] Cis tua biack oO. Kk. 8 in dis mnarked ** Mo No lv’ stasdiny at the june tien uf the dust siue of Williams ravine With the suuth side of Missuuri canon. bodu’ 11,21 cus. tu the corner common to Sets 2oan 36, Lp 16 Nit, 9 East,and Jv a d3i. ‘Lp io N «luv vast M D B and M. NWT 40" 4 10 20 chs tus @ive oak 36 in dia marked **Mo Noli” $ 88> 160° E 13.81 chs to #sprace stump m.rked ‘Mo No 14 N 5°15 2 d.65 cls wv pisce of beginning and Coun 19,51 avres aud being a portlou OF tue o4g of aw iy JU, 16 N10 & aud 5 i & oi 82 vee 25, and Nb gy of NE of bec 30, ‘Tp lu, Nk Yaiart Mt Diablo Bare @ud Merigiau. dad jJocation was made ubou the year lood by Joseph Chew, Bib ext Chew aud J) Kora, Lo record of which can now b:.uubud, Adjuiuing claimants are Hove & Duryea on tue worth, Burk & MeCarthy on the East Strasahaun & Co,on the West Gud Vacuut aanden t »¢ Suuth, Ail persons boing apy adverse claim thereto are herepy reqdired to present the Bune befure this oflice within sixty days irom tue frst duy or publisning herevt. T. B. McFauLaND, Kegister. C.H Wyman, atiy. : sep) Aaminisirator’s Sale. OTICE is hereby given. thot im putSUance “Vl au vrurr of the Provate Kuur, Orthe Couuty, ui Nevada, State of Cnluruls, mace ou the Tuurty-firet dey of Augusi, A.V. Loi+, iu the matter of the e tate of Linina trait, ceceased, the under Sigued, Auasiuisteutor or said deceased, will Bull BL public auciwn. tu the highest bidacl, 1UF Casi, UL “buasuay, tue ¥bh day of Sepleluber, ».V 1sis, at luu’e ock, A. at (My duchon siies Pow pi J. 8. Holbroeb, Bivau shee , lu ue ¢ Ay Devada, ip said “‘beyaus county, tle lulowing person om property, to Wi: ieusteau, 2 Hair Mat Crasses, RlLowel nuck. FP Buceau, 1 8ink,! <Wilg Machine, 2 Trunks.) — stuud, k small Tabie, I 1 Cane sucker, 2 Le rine Gola Chains, taining seven Lounge, 1 Whatuot, 1 W Mlirrer, 1 busy Ui ales Pine Gul. Wate, 1 Ladies Via .Ouud bin, fT: Lb. NICHOLEON. ‘a Mision, 1 tia Guict King) Quart Cup, 4 Picture, «te. i _ sl Adinjnietratosy %