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Commercial October 12, 1863

The Daily Gate City

Keokuk, Lee County, Iowa

What is this article about?

Subscriptions to the stock of the Union Pacific Railway closed on Friday of last week at $2,430,000, meeting the $2,000,000 requirement set by act of Congress. A stockholders' meeting is set for New York on the 29th to elect directors and claim rights to build a road from the Missouri River to California.

Clipping

OCR Quality

100% Excellent

Full Text

The Pacific Union Railway.

The books of subscription to the stock of the Union Pacific Railway were closed on Friday of last week, the subscriptions amounting to $2,430,000. By the act of Congress, $2,000,000 must be subscribed by any company which desires to take advantage of the act. A meeting of stockholders is advertised to take place in New York on the 29th, at which directors will be elected, and the company will formally claim the right of building a road from the Missouri River to California.

What sub-type of article is it?

Railroads Stock Market Policy

What keywords are associated?

Union Pacific Railway Stock Subscriptions Railway Construction Congress Act New York Meeting

What entities or persons were involved?

Union Pacific Railway

Where did it happen?

New York

Commercial Details

Location

New York

Event Date

Friday Of Last Week; 29th

Key Figures

Union Pacific Railway

Notable Details

  • subscriptions amounting to $2,430,000
  • $2,000,000 must be subscribed by act of congress
  • meeting to elect directors
  • claim right of building a road from the missouri river to california

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