HISTORY OF GREEN COUNTY 
 
estate named therein, the valuation thereof to 
be made by your own neighbors, and the ap- 
praisals to be made in good faith. The condi- 
tions of this valuation will be fully explained 
by the agent at each meeting. 
We suppose this proposal to be stated suffi- 
ciently clear to meet the understanding of all. 
It remains for us to give our opinion of the 
plan, the policy of which will be questioned by 
some, and the deep interest we believe the 
owners of real estate have in taking all the 
second kind of stock that lies within their 
power. We believe the plan to be thoroughly 
feasible, safe and desirable, and that the oppor- 
tunity to take stock in this way, should be em- 
braced by every one with a view to his own 
interest alone. 
The plan is safe. The company will pay the 
interest on all money borrowed for the use of 
the road upon the credit of these real estate 
securities, -and allow to each of the mortgage- 
ors the sum' of 2 per cent. per annum, giv- 
ing a certificate for stock to the amount of the 
mortgage, more or less, as if the whole had 
been paid up or into the treasury of the com- 
pany. The money borrowed upon the strength 
of these securities will be carefully appropriated 
for the building of the road, and by the legiti- 
mate operation of the process for the liquida- 
tion of the debt the mortfgageor becomes a bona 
tide stock-holder to ttie amount of his mortgage 
without the outlay of a dollar. In fact it 
amounts'to the payment of all his stock as a 
banus for the use of his credit. 
Now, in our judgment, every farmer, every 
real estate owner, should deem it a privilege to 
have the opportunity under the mortgage sys- 
tem. The gi'eat advantage offered by railroad 
facilities in getting produce to market, we need 
not dilate upon. But the additional advantage 
of receiving into our own pockets the propor- 
tional net earnings of the road, is a considera- 
tion too important to be lightly thrown away. 
Should the farmers of Green county let an op- 
portunity yasS for becoming stock-holders when 
 
the opportunity is offered to do so-without the 
outlay of a dollar of consideration, further 
than loaning their credit to a perfectly reliable 
company, of which they may become a part ? 
We think not-and we feel very sure that that 
man, whoever he may be, that lets this oppor- 
tunity pass, will have occasion to regret it at no 
distant day, when it is too late to remedy the 
evil his timidity has wrought to himself and 
family. We would rejoice to see our farmers 
become   stock-holders  to  the  amount of 
$5001,000 if it were possible, and it is pos- 
sible.  Why should    not the  farmers   of 
Green and the counties west, become the 
real owners of this line of railroad at no dis- 
tant day ? Is it really an object for you to 
pay into the pockets of eastern capitalists the 
necessary expenses of transporting your own 
produce ? Why not have it return to your own 
pockets ? Answer, if you please. 
When you have notice of a meeting or meet- 
ings in your respective neighborhoods, by all 
means turn out. You will then meet with the- 
agent, who will explain to you fully and clear- 
ly, the mode and manner of all these things, 
and when you come out to the neighborhood 
meetings bring your women folks. They have 
an interest in all this matter. Your wives, your 
daughters,  have an   interest  in common 
with yourselves, men. They should have an op- 
portunity to become informed in the premises. 
It is necessary that'the wife should join her 
husband in executing the mortgage. She should 
be permitted to understand it, and thereby en- 
abled to give an intelligent signature-to the 
papers. 
Mr. Clinton will be able to satisfy any man 
or woman who may be desirous of making a 
permanent investment under circnmstances 
peculiarly favorable to those persons, that it is 
not only a privilege, but really a duty they owe 
to themselves and their dependants. 
Since writing the above, the committee hav- 
ing'tle matter in charge have made the follow- 
ing appointments in the township. 
 
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