The daily crescent. [volume] ([New Orleans, La.]) 1848-1851, 1850-10-19


Meeting Of the Tstuantepec Commtttee.-A
meeting Of the permanent committee on the TIE.
huantepec Railroad, was held last evening at the
office Of the Crescent Mutual Insurance Company
Mr. Peter Conrey IT.. presiding.
Mr.. Benjamin stated that at the last meeting OF
the committee subcommittee was appointed to
prepare an address to the people of the United
States soliciting aid in the Tehuantepec enterprise
Of which committee, he (Mr. Benjamn) was ap.
pointed chairman. The committee had not yet
been able to prepare the address, but he (Mr. b.
mad drawn up a report, comprising considerable
amount OF information to the citizens of New,
orleans, which had not yet been laid before them.
MI Benjamin then read his report which is
very voluminous and highly interesting. 1t is
very ably drawn up, and contains large number
Of important facts, with which we were previously
nnacquainted, Il fully explains the nature and
advantages Of the original grant, for the right Of
way across the Isthmus Of Tehuantepec, and the
transfer OF all these rights and privileges to the
trustees OF the permanent committee in New
Orleans, with power to make transfer of them to
company as soon as one is formed The articles
Of agreement with Mr.. Hargous, are all given.
We shall publish the report in full on Tuesday
morning next, and we therefore omit details
present
The report was adopted and Mr.. Benjami,,
stated that all difficulties and douhs,, i on
enterprise were removed Orleans 70 act The Al.
II me e'',zspsaGads along the route, continued Mr.
Posa' q IN time more than pay for the road, and
ene work wall commence paying as soon as tn,
company organizes. The company can imme
ulalely start communication across by means OF
mules and carriages, and considerable portion Of
me california travel can be secured at once. The
towns winch will spring up AZ each end of the road
WIN De the property Of the company, and the sale
o. lots viii produce large sum of money. judge
Larue moved that the report be published in all
ne papers o. The city. The motion prevailed, when
Mr. Benjamin stated that il was necessary To
RAISE some twenty or thirty thousand dollars for
present uses IN making surveys, ETC.
1uuge Larue moved that the committee open an
once Tor the purpose of receiving subscriptions to
Inc stock Of the company, which was now sure 10
DC organized Subscribers are to pay in five per
cent. on the amount subscribed, the same to b.
credited to them when the books of the company
are opened The motion prevailed
MI Mathews offered resolution, appointing q
committing OF twenty citizens to wait on IN,
devernor, and solicit him to call an extra session
oi the Legislature immediately, with a view o
having the general corporation laws altered, and a
charter given to the company. The resolution wa,
adopted.
Judge Larue moved that committee of ten Cit
zens be appointed to draft memorial and obtai,
the signatures Of all our citizens, praying for az
extra session Of the Legislature. The memorial j.
TO Be carried up BY the COMMITTEES of twenty. and
presented to the Governor. The motion was
adopted
Mr.. Cohen offered a resolution. returning the
thanks Of the permanent committee to the Louis.
ana delegation in Congress, for their zeal ana
Adopted.
hs chairman then read report of the financial
had been expended, and that there was now
Oa'anee o 9S0S % IN the treasury. The commit
tee then adjourned