ix miles west of
Lex. was known as the "first division"; from Villa Grove to Frankfort
was designated "second division."

* * * * *

Mr. Kneass, the chief engineer, submitted "a grade table and a table
exhibiting the length of straight line, length of curve and radius of
curvature" to the Directors on October 14th, 1831.

* * * * *

John Holburn and Company were employed to furnish stone rail sills at
37-1/2 cents per perch.

* * * * *

On April 20th, 1831, The Reporter, which by the way, was known as "Mr.
Clay's organ," gives a most entertaining description of a Directors
meeting. It says:

"The Stockholders of the Lexington and Ohio Rail Road Company met at the
Court House in Lexington on Saturday last. H. Clay was called to the
Chair and H. I. Bodley acted as Secretary.

The meeting was large, most of the Stockholders, representing upwards
of six hundred thousand dollars, were present. The Stockholders at
Louisville were represented by Messrs. J. S. Snead, B. Lawrence, S. S.
Nicholas, J. I. Jacob and George Keats.

Mr. E. I. Winter (President of the Company) addressed the meeting an
hour and a half. He described the route as surveyed by Mr. Kneass, the
Engineer, entered into explanations respecting the estimates and made
various calculations as to the probable cost of the work. He presented
a very satisfactory and clear view of the means of the Company--its
flattering prospects--the great resources of this section of the
country &c.

After much discussion it was

_Resolved_--That the Directors of the Lexington and Ohio Rail Road
Company be requested to take measures to put a proportion of the road
under contract, not exceeding eight miles at Louisville and seven at
Lexington, provided the same can be done at a cost not exceeding by 10
per cent the estimate made by Mr. Kneass, Engineer.

_Resolved_--That the Directors be authorized to call from the
Stockholders a sum not exceeding $150,000 pro rata. for the completion
of the 15 miles of Road named in the foregoing resolution, in such
proportion and at such times as the exigencies of the Company may
require, and that they are not authorized to extend their expenditures
beyond the said $150,000 until after the Stockholders shall have been
legally convened and a report laid before them of the progress made in
the work."

"The meeting then adjourned, but before t