The daily crescent. [volume] ([New Orleans, La.]) 1848-1851, 1851-07-08
A ID ID r f. IS
To the People of LOuisiana, from the
Permanent Committee of Ways and
Means of the NewOrieans, Jackson
and Northern Railroad.

Fello,o Citizens: The undersigned were ap-
pointed, on the part of the Convention which
assembled in April last in New Orleans, a Perma.
nent Commilree to devise the means necessary for
the cons rucrion of Railroad from The city of
NewOreans to jackson, in the State of Mssis-
sippi and were instructed. after the adjournment
of said Convention, TO take such steps, in further
ance of its objects, as are indicated in the follow
ing resolutions:
/. That the NewOrleans, Jackson and Northern
Railroad, being work emrentiy public in ITS
character, and ca culated to promote the general
prosperity OF tn. ate, and especia ly enhance the
value OF the ent re property situated on The line OF
the routa, and al It's terInn, Justice requires that
means for its constru ii n be provided at the ex'
pense of all who are to share in its benefits.
THAI until mature delib-ration shall have
perfec ed pan Of organization for carrying out
the entire completion If the project i, is expedi-
ent Coz line the present action OF this Convention
to The I'D ptioo of such measures rs shall secure
the max ng of The road to The : ale line, leaving
for fu nsidrra ion the eIpediency OF consp!l-
datng the Company with one to be formed Tor
continuing the road from the State line to Jackson,
Mississippi, or of devsng other means by when
the tw, roads can re worked in unison.
g. That in order to cover all contingencies, in
cnding the cost of locomO ives, carriages, depots,
etc 1t is exped ent hat the cap al Of the Company
to he organized consist of 81 100000.
4 That Company be Immediately formed,
-snder The eereral operation law Of this State,
with capital of 81 100000 divided into shares
of 500 each.
5. That memorial be presented to the Legis-
lature of this ave, praying The passage OF an act
providing substan tally as follows, viz:
That The several Nun cipal Councils of the city
of Newt Orleans, and the Police Juries of tie re-
specl,ve Parishes situated on the line Of the road
be emp w cred 10 levy special tax IN The real
estate lying within their respective limi's, to he
callei the New o leans and Jackson Railroad Tax
provided, that no ordinance thus passed shall b.
binding, until a proved by majority of the lsga
voters Of the locality, at special eertion, called
for tha, purpose, and that the tax thus paid by
any indi,idu shalt enitle him to an equa
amount of stock in the Company.
e. That the Committee of Ways and Means b
instruc Ell by future report u decar the amoun
of subscripi ms that ought, in jus ice, to be con
tribued by the city of NewOrlt ans and the Par
ishss resaii basing their report upon the offica
reuros Of the value of real estate
7. That in the mean time voluntary subscription
of individuals 10 The Company be solicited on tn
entire line Of the fou e, and that Committees
appointed for each Parish, for that purpose, wit
the understanding, and on the condition, that an
subscr ber shall have the right of giving in III
receipt for money paid by him to the Company
satisfaction Of any tax TO be levied on him as abov
provided.
= g. That the Committee of Ways and Means !
instructed to prepare and print detailed repor
developing The prn rIpleS embac in these res,
lu'ions, and carrying out the details of organizao
In conformity Herewith.
The Committee have proceeded to organize
Provisional Company, and open books for subscri
tion in the city Of NewOrleans, and at differe
points on the line of the proposed Railroad. Vi
der ihls arrangement, the amount of stock alreaC
taken has reached the sum Of 100000.
The progress of Louisiana, twithstanding h
great natural wealth, has been but slow, in cor
parson wi nf hor. .ietar xUhiIo Ne