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Union Company. He suggested a novel method to raise the funds for construction, using a $2 million lottery. The proposition was considered so scandalous it was put to a referendum and defeated. With the passage of the Railway Guarantee Act in 1849, Capreol joined forces with Charles Albert Berczy and chartered the company on August 29th, 1849, now having to raise conventional bonds for the first 75 mile, from which point

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