|On February 27, 1847 the General Assembly of the State of Illinois approved the charter that established
the Rock Island & La Salle Railroad Company. The commissioners for the newly organized company met in Rock
Island, Illinois on November 12, 1850 to discuss the required $300,000 in subscriptions they must have to
form the company. After much deliberation, it was determined there was sufficient funds to proceed with
their new venture and ten directors were elected for the Rock Island & La Salle Railroad Company.
Henry Farnham was selected as the contractor for the construction of the railroad line.
On November 27, 1850 the original members of what was to be the Rock Island & La Salle Railroad met in
Rock Island Illinois to elect officers for their newly formed company.