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===Railroad=== On January 18, 1846, the [[Peru and Indianapolis Railroad]] (P&I) was incorporated to construct and operate a line from [[Peru, Indiana]], to Indianapolis to connect with the [[Jeffersonville, Madison and Indianapolis Railroad]] (JMI).<ref>''Arcadia Centennnial, 1849-1949'' by the Arcadia Centennial Committee Organization, Chet Hall, James Correll, Jr., Elbert Etchison, Robert Knapp, Charles Vornbrock et al, 1949, p. 1.</ref> By 1849 the town was laid out <ref>{{cite book | url=https://books.google.com/books?id=Z8wWAQAAMAAJ&pg=PA224 | title=History of Hamilton County, Indiana: Her People, Industries And Institutions, Volume 1 | publisher=B.F. Bowen & Co. | author=Haines, John F. | year=1915 | pages=224}}</ref><ref>{{cite web | url=http://www.carmelclayhistory.org/local-history/hamilton-county-history-timeline | title=Hamilton County History Timeline | publisher=Carmel Clay Historical Society | access-date=May 31, 2014}}</ref> when the railroad had surveyed a route across the land owned by Shaffer and Waltz, and a year later in 1850, the two men donated the land on which the town was founded, which was plotted the next year by Isaac Martz. According to tradition, the town was originally to be named "Shaltz", combining the names of the two men Shaffer and Waltz, but the official naming was left up to Judge Jeremiah Smith, who called it [[Arcadia (ancient region)|Arcadia]],<ref name="Arcadia, Indiana' 1972, p. 19">''A History of Arcadia, Indiana'' by members of the Arcadia Study Club, Marian Bishop et al, 1972, p. 19.</ref> after the ancient region of Greece.<ref>{{cite book|last=Baker|first=Ronald L.|title=From Needmore to Prosperity: Hoosier Place Names in Folklore and History|url=https://archive.org/details/fromneedmoretopr00bake|url-access=registration|date=October 1995|publisher=Indiana University Press|isbn=978-0-253-32866-3|page=[https://archive.org/details/fromneedmoretopr00bake/page/53 53]|quote=...the ancient Greek district...}}</ref> The Arcadia post office opened in 1852.<ref>{{cite web | url=http://www.postalhistory.com/postoffices.asp?task=display&state=IN&county=Hamilton | title=Hamilton County | publisher=Jim Forte Postal History | access-date=September 16, 2014}}</ref> At this time, the site was heavily wooded, and described as "low" and marshy. After the town was laid out, the woods were cleared and streets paved with gravel, and their upkeep was paid for by a toll of 10 cents for a horse and buggy and 12 cents for a horse and wagon. The land was drained by two large open ditches, later spanned by crude log bridges. Early sidewalks were raised wooden platforms, later replaced by gravel and sawdust.<ref name="Arcadia, Indiana' 1972, p. 19"/>
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