Report of the Joint Select Committee appointed to investigate into alleged frauds and corruption in the disposition of the land grant by the Legislature of 1856, and for other purposes - Softcover
Synopsis
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1858 Excerpt: ...haying been donated to any one of the directors of the La Crosse and Milwaukee Railroad Company, as an inducement or consideration for the location of the route i?fthe road, the locatipn of depots, or any other railroad structures-V:,iilW--unVnu Answer.--I have nqf.iiOy,,,ow iqiinti n bidw qi..imu.m Question.--Have you any knowledge of any lands na been donated to the chief engineer or purchased by him along the route of said road?, Answer.--I have heard that he had an interest at Lisbon, but do not know except by report. Question.--Have you made any contract with said company since the contract made Jan. 24, 1S57? If so, state when such contract was made, and what were its terms.,...,,, Answer.--In December, 1857, I made a contract to com ptete the road from Lisbon to the Junction, for three hundred and fifty Land Grant bonds, of $1000 each; and on, the first day of January, 1858, I made a contract to complete the road from the Junction to La Crosse, for fifteen hundred bonds of lJlOOO each, and agreed to do the work as fast as the committee raised the money by sale of the bonds, at not less than thirty cents on the dollar; the money to be deposited in the Exchange Bank, Albany, N. Y. and paid to me on my monthly estimates. Question.--What is the character of the bonds which you term Land Grant Bonds, and how is their payment secured? Answer.--The bonds are secured by a first mortgage, upon the western division of the road, and upon the lands of the company. '. Question--Are the lands which were granted by this State to said company in 1856, subject to, and included in this mortgage? Answer.--They are. Question.--Was the transfer to you of the bonds which, you were to receive under the contract of January, 1858, absolute? Answer.--Yes., Question.--What dis...
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