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The original or first contract made with Hoxie for a hundred miles had been extended to cover up to the hundredth Meridian, and the line to that point, two hundred and forty-seven miles from Omaha, was completed October 5th, 1866. The second contract made was with a Mr.
It is safe to say that Ralph, who was interested in the shooting of the well only as a spectator, was the most nervous one of all that party who were about to show Mr. Hoxie whether he had "struck oil" or not.
Under the Charter the subscription books must remain open until the completion of the road, making it possible for outsiders to wait until the road was near completion and then step in and by large subscriptions acquire control. As there were some funds available, a contract was entered into in May, 1864, with H. M. Hoxie, to build the first hundred miles.
"How did they learn that you were going to work to-night?" asked George. "That's more than I can say, unless old Hoxie was fool enough to let it out that we were going to shoot his well for him," replied Bob, working savagely with the soldering iron, much as if he would have been pleased had he been using it on Mr. Hoxie's too ready tongue.
In settlement of the several contracts, the Union Pacific Railroad Company paid the Credit Mobilier: Hoxie Contract Miles Omaha to 100th Meridian 247 $12,974,416.24 Ames Contract 100th Meridian West 667 57,140,102.94 Davis Contract To point five miles west of Ogden 125 23,431,768.10 1039 $93,546,287.28
Preliminary Organization Board of Commissioners Company Organized Directors and Officers Elected Hoxie Contract Credit Mobilier Ames' Interest Compromise Contract Davis Contract Cost of Line Land Grant. When the Pacific Railroad Bill passed Congress and received the President's signature in 1862, there was a well organized company to take hold of the western or California end.
By this the stockholders of the Credit Mobilier became the sole holders of the Union Pacific stock. The Hoxie contract was reassigned to the Credit Mobilier who duly completed the work, finishing the line to the point specified October 5th, 1866. Owing to their inability to raise funds, it seemed as though the two companies, Union Pacific and Credit Mobilier, would fall down.
There were four of these, each capable of holding twenty quarts, and the spectators were not wholly at their ease, as can after can of the explosive fluid was poured into these frail-looking vessels, even though the moonlighters handled it much more carefully than Ralph had seen them handle that which had been used at the Hoxie well, on the famous night when Mr.
"Well, now, see here," replied George, with a laugh, "I think Ralph and I have had all the moonlighting that is good for us, without going still further by aiding and abetting you with advice." "But you can tell us what you think," persisted Bob. "Well, I suppose I may venture that far, after having participated in the shooting of the Hoxie well.
Sidings were to be not less than 6 per cent. of the main line. Station buildings, water-tanks and equipment was to be furnished by him to the value of five thousand dollars per mile. Hoxie before this had been in the employ of the Company in charge of the Ferry between Omaha and Council Bluffs.
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