STEAMBOAT ON THE CEDAR, 1887
In order to secure the railroad the town was obliged to give $100,000 to the railroad company. Stock was issued in payment. James L. Bever was another man in business here at that time and he made it a point to purchase all this city stock he could, which proved to be to his advantage. The road was later leased by the Northwestern and finally purchased.
With reference to this road a Linn county biography offers the following:
"The organization under which this line came into Cedar Rapids was the Chicago, Iowa and Nebraska Railroad company, which was organized at Clinton in January, 1856. There were several railroad prospects about this time formulating in Clinton, or in places having a close proximity to the Mississippi. Finally all the railroad enterprises extending westward from the river united in the Chicago, Iowa and Nebraska railroad. When that company commenced their operations, it was expected it would have the co-operation of the Galena company. Failing to receive this it pressed forward its work unaided, and by the latter part of 1857 had the track laid as far as the Wapsipinicon river, a distance of thirty-six miles. In July, 1858, it was laid as far as Clarence, Cedar county, and in December, the same year, the road was completed to Lisbon, sixty-four miles from Clinton. The following June (1859) the locomotive steamed into Cedar Rapids, a distance of eighty-two miles from the Mississippi. There was great rejoicing here and the event was duly celebrated.
"It was a most important event to Cedar Rapids for it was the termination of a struggle for railroad supremacy in the county.
"In 1862 the road was leased to the Chicago and Northwestern company, and before the lease expired it had secured control of it. Work was resumed on the extension (for which the Cedar Rapids and Missouri Railroad company was organized), and pushed with vigor. It was completed across the great state of Iowa to Council Bluffs in 1867, where it made connections with the Union Pacific."