Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1853-07-09
100000
100000
100000
S2.Ooo.O00

$1,000, 600
have doubt but that these two millions Of dollars
win fully every contingency, and it is quite pro-
babe that the last Si00 600 viii never be called for.
My conviction is that the proceeds of the plank road
win build the railroad, and 1t is upon that calculation
have based the charter therefore propose to allow
interest of six per cent all cash subscriptions until
the completion of the railroad, wbep let the road
less, the cash subscribers shall be placed
equality with myself and my assigns and fully par
ticipae in all the advantages Of the enterprise 1t is
therefore provided that dividend will be made until
the completion of the railroad.
The capital required to carry into effect this great
terprse is but bagatelle compared with the gigantic
nature of the undertakings for if but sixteen hundred
thousand dollars be expended, which is by
improbable onehaf Of that sum is but advances and
is to be reimbursed but eight hundred thousand dollars
permanent cash outlay will be required and for this
the whole trade of the Pacific will be controlled
and attracted to New Orleans. The Of prosperity
that will thus be attained by this city beyond cacua-
ton and he honor, the influence, aud the profit will
rebound to the Tehuantepec company aud the of
its stock.
Inasmuch as the New Orleans company have expended
a considerable Of money in n survey of the route,
which it is just should be refunded Them pro-
pose to all the stockholders in that company that they
subscribe equal sum to the Tehuantepec company,
aud will refund the aggregate amount already paid by
each Of them to the New Orleans company out of my
full-pad stock.
have thus as briefly as the nature Of the case would
admit Of laid my views before you and hope shall
not be considered obrusve in asking you support and
sustain in carrying into effect the great object for the
attainment Of which have long and unremittngy
abored But am firmly convinced that, notwithstaud-
ing the inscriptions andebiter opposition that have
had TO encounter during the long period Of this important
negotiation and which is still continued shall succeed
in com plotting the road. A. g. SL0O.
CHARTER OF THE TEHUANTEPEC COMPANY.
We the undersigned, A. g. Soo, Manuel Payno Ramon
Oarte and j. Joaquin Pesado, having made contract with
the Mexico tho construction Of carriage
road from the head Of navigation the Coazacoacos
to point the bay of Ventoss, the Pacific
and upon its completion railroad between said
Coaacoacos river the shmus Of Tehuautepec said
bay Of Venosa, 20 form ourselves and associates
into corporation under the law Of Louisiana hereinbeore
set FORTH for the purpose Of constructing working and
tinng the said aforementioned carrage road and railroad
under act Of the State Of louisiana approved 18th March,
1882 and to facilitate that object have formed CHI
and have signed the together with Arnold Harris
Edward Yorke William H. Goodrich, Henry Rcnshaw Gar
nett Duncan, RobL NJ McAlpn, and Angel de Iturbdo
have agreed to become parties thereto, upon the following
terms, TO wit
The said corporation sha be called the Tehuante
Company, and by th, shall have make
and corporate SEAL and be sued for the full period
Of twenty five years from this date.
Art The said corporation is established for the purpose
OF constructing carriage road from the head on
the Coatzacoacos river point bay Of venioa
the Pacific and its completion
also railroad from said Conzacoalcos snd bay
of Venosa, and Of working and maintaining the same
agreeaby to the conditions OF contract made between A.
g. Soo and others and the Government Mexico signed nj
the city Of Mexico the fifth day OF February last copy
Of which is hereunto annexed marked A. And VIC agree
admit associates under this charter such
stock upon the terms and conditions hereinafter provided
Provided that greater than millions dollars
in the aggregate shall be called in within the first three airs
Of the existence Of the company And should sochoder
stockholders at time have paid than his their
just proportion Of said two millions dollars he or they shall
be entitled to have said excess reimbursed
on Immediately the fact being ascertained.
Art g. The capital stock Of said company IL fixed at ten
millions Of dollars, to be divided into hundred thousand