Mr. Kneass, the chief engineer, submitted "a grade table and a table exhibiting the length of straight line, length of curve and radius of curvature" to the Directors on October 14th, 1831.
John Holburn and Company were employed to furnish stone rail sills at 37-1/2 cents per perch.
On April 20th, 1831, The Reporter, which by the way, was known as "Mr. Clay's organ," gives a most entertaining description of a Directors meeting. It says:
"The Stockholders of the Lexington and Ohio Rail Road Company met at the Court House in Lexington on Saturday last. H. Clay was called to the Chair and H. I. Bodley acted as Secretary.
The meeting was large, most of the Stockholders, representing upwards of six hundred thousand dollars, were present. The Stockholders at Louisville were represented by Messrs. J. S. Snead, B. Lawrence, S. S. Nicholas, J. I. Jacob and George Keats.
Mr. E. I. Winter (President of the Company) addressed the meeting an hour and a half. He described the route as surveyed by Mr. Kneass, the Engineer, entered into explanations respecting the estimates and made various calculations as to the probable cost of the work. He presented a very satisfactory and clear view of the means of the Company—its flattering prospects—the great resources of this section of the country &c.
After much discussion it was
Resolved—That the Directors of the Lexington and Ohio Rail Road Company be requested to take measures to put a proportion of the road under contract, not exceeding eight miles at Louisville and seven at Lexington, provided the same can be done at a cost not exceeding by 10 per cent the estimate made by Mr. Kneass, Engineer.