The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1855-02-10

wv bHt wv n"u Hfi', ~ " eV""hy W"
that their stock will have cos, them hIty
per cent. less than ours, hut, suppose our
stock has cost us nothing, and that they
shall lie called on Tor five per cent. how
much more than we. will they be required
to pay for the same amount OF stock As we
own clearly only ESQ., 0', that be'hg hve
per cent. on koOO,0o'. hut to what eS
tent 10 the company embarrassed by ths
paid stock' " the one hnodred millions
shall be taken, ana one million 10 all tina,
shall be necessary to be raised by the pay
ment OF lnstalln'enis, and ther. vera no
paid stock. It Is clear that n call Tor one
per cent would give the amount. But.
aupposc OF the one hundred million, S0oO-
200 Is full paid stock. and OF course not
subject to the payment OF instruments.
/ Then call for one per cent. would give
less million by the amount oil one per
cent on e6oo,ooo which IS :p'ooo De-
duct that amount from one million, ana IL
will lenve n'ro hundred aud ninety Tour
thousand dollars When the company
shall have use tor one million OF dollars,
SIX thousand dollars one WAY or mo ",hef
would he matter not worm considering
DE mlnmi, non cutat wall street Angl're
TIE New Workers cont care bn'oh 'nr
small matters. II Is clear that th's stock
cannot emharass the company, interfere
with ITS operations, or impede The building
"i The roma ti"w ihen does y conc-f"
orr citizens vNo are not SOCK holders
~" hat were the circumstances under Which
We became holders OF this stock wat
rEnSlitsfNtlrn
company receive r. THIS stock iher
representative nj Austin kno"ing mat the
N'ssiss'pr' aud Faelhc charter would be
pissed with dena''2a oil twenty sections
10 the mie, nud mat thefe We're Already
Tour charters funn'hg if"ih Las' I" west
across The State one OF when me- Afeau!
been located on the route OF tbe mississippi
"nh RACINE foad, ana thst 'he o'hef .hfee
might be ana That a OH was theh pehuint'
giving TO each OF the companies holding
these four charters, sixteen sections To the
ml'e, came to The conclusion that Il WAS
shso'otel, necessary Tor TIE ccnpsny, oh>
tain'ng III" Mississippi and racine e"A''ef'
to get ihe control OF these ,our ch"''''s
also, oihef"is" they would be lh'rfie'eo
WIN NJ every point W" iheN seem !"
nave got control OF without pay ns M.
consideration or they haze 'shed 10 se'
mem, ana 'eAllN 90 "ot SunW "n,o",
For III" other TWO, ih"N paid s"oo'ooo o'
their own stock. tnN' stock OF course
belonged to Ia" stochh"ihef. OF N" TWO
Texas companies Shn VI" matter was ">
r"'e.a ny 'heh transferring '"e' ''''N ~
the fhHnoc ana racine COMPANY '"'
receiving Tvs 'ui' P''o s'"ch W '''"'s'
Vow 'his was matter WIN" '"'o''"''
ne stockholders OF these 'h''" eo","P
MES, aud them alone. u the s'"osh"'ue',
OF the western haIif"s1 company h"'
'"S"n MY ho'''e' 'h'f ""o'"
used tto "h'f nav" fu' !" "'' ~ Wv
h'.-iH''rh an" racine '""'''', anu ""'''
rrdsr II, u th'N c'n'h nave Cos u WV
WAS my Jadgmen, nj 'hAt o""' "nr'"e'
''ght or wrong me- were ru' o. '"e''''
h' III" opinions OF 'hff b"'e'",' wv
eep'"n inc o'" on" y" we ""''' '
worm wv" III Wv o"s"' NY
thef charter, AZ" t'"h '"e ''u' ,'"'1''"
'ho"shho u"iia'a o' pm" s"."'
any thing wrong IN th's '"es oe'eF''
mat 'he N''anuo a'h 'Hc'nn COMPANY va"
one on great eap''u ana "'"'e" 49,
'ha, u """ld certainly ]ot''' Ut"
and faciiir charter mai :" '"'''' '"r "",''
ing al the t"H' Nv 'nh' company ""''' mn
charter S'' "a hFe' 'ac' j" IVY
mlsled ~ hehNNe" Nv 'n'' '''e0'''e '''"
selfish nnd d'sh"nes' m'i'e'' "'"" '"'''
Will rest heavy responsibility nut so''i'
Inv sf''S ho'osfs ~" 'hh"ern' " ''N
ihe' have up To ms n,h" nee" ''' s""