Founding of the Cincinnati Southern Railway

Cover Founding of the Cincinnati Southern Railway
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A. At the time I was negotiating with Mr. Sinton for the purchase of that road, I had in my hands a statement made up by Mr. Lovett, which showed the value of the property to be about six hundred thousand dollars.
Q. The value of the property to the Southern Railway ?
A. Yes, sir. That is to say it would have cost to have acquired the land and done the work — putting the road there as it was — six hundred thousand dollars. We had the choice of going by that route or what was known as the Harrod
...sburg route. Mr.
Sinton said subsequently that we had surveyed all around him and scared him out of his road. It is due also to Mr. Sinton to say that throughout the negotiation he said that he had no other in- terest in making the sale than to get rid of the property; as he intended to dispose of what he received for the benefit of Cin- cinnati. He subsequently gave his portion of the purchase money to the Cincinnati Bethel. "When the negotiations with the Board first commenced the price asked was four hundred and fifty thousand dollars.


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