The railroad was sold on the foreclosures of the mortgages given thereon.

The evidence

• “Paul & Fond du La>c railroad company, and that part of the grant was transferred to it. The road was, in 1859, extended to Oshkosh, and thence to Menasha, and finally to Green Bay. In the panic of 1857, tlie company failed to meet its obligations, but was afterward enabled to go on, and continued in poss-essioB until June 2, 1859, when its road was sold on the foreclosures of the mortgages given thereon J and on the sixth of the same month the present Chicago & Northwestern railroad company was organized under the statute, by purchasers at said sale, and took possession."”

  1879-history-of-rock-county/04-wisconsin-railroads-commerce-health-statistics.md, PDF p. 225

  Butterfield, C. W., et al. The History of Rock County, Wisconsin: its early settlement, growth, development, resources, etc. Chicago: Western Historical Company, 1879. Cornell University Library via the Internet Archive, archive.org/details/cu31924028871585.

  Grade A: Found on a page of one of our sources