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Railroad meeting.

--A large meeting of citizens of Caswell and Alamance counties, North Carolina, was held at Yanceyville, North Carolina, on Tuesday last, to take in to consideration the contemplated railroad from Milton to the Company Shops, on the North Carolina Central Railroad.

Col. Jones, of Danville,Va.,delivered a speech of considerable length on the advantages and beneficial effects of railroads, exhibiting facts in railroad statistics instructive and truly encouraging to the friends of the Milton Railroad. At a rough guess he placed the cost of the contemplated road at $600,000, and glancing at the wealth of Caswell, which he estimated at $8,000,000, he thought this county could well afford to take $250,000, if not $300,000, of the stock. He cited the example of other North Carolina counties of less wealth through which railroads now passed, and could not believe that the people of Caswell would be found less enterprising and mindful of their own interest.

It was resolved that the Commissioners appointed by the charter be requested to open books for stock immediately, and that said Commissioners report progress at a meeting to be held at Yanceyville on Wednesday of Caswell Superior Court, (8th day of May next.)

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