Minnesota in Three Centuries 1655 1908 volume 4

Cover Minnesota in Three Centuries 1655 1908 volume 4
Minnesota in Three Centuries 1655 1908 volume 4
Warren Upham
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Cloud and St. Vincent were put under construction, the latter being completed from St. Cloud to Melrose, thirty-five and from Crookston to Glyndon, eighty-four miles. The St. Cloud and St. Vincent branch was leased to the First Division for ninety-nine years, and thus virtually again became one organization.
At the time of this prosperity occurred the financial panic, of 1873, and the St. Paul and Pacific Railroad Company be- came involved in a difficulty with its bondholders. The court appoint
...ed Jessie P. Farley, of Dubuque, Iowa, receiver for its unfinished lines. This receivership continued six years, when, by a change of scene, there was to appear a figure that has had more influence with the railroad transportation of the State than any other person. Away back when Minnesota was a Territory, sometime during the year 1856, there came, from a hamlet in Canada, to St. Paul a young man seeking his for- tune. He was at this time about eighteen years of age, he had left his Canadian home for the reason that agricultural affairs were at a low ebb, and he saw in the future no chance for an advancement of his prospects.

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