Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-19

= completed to Brownsville, a dis
lance Of 81 miles. Mississippi and
4 enneysee-completed and in opera !
ton 80 miles, and the remaining 40
under contract. Mississippi Central I
and Tennessee Finished to the Mis- /
sissippi State line. This road, with +
the Mississippi Central, is but an ex /
tension of the New Orleans and Jack
son road, by way of Jackson, Cam
ton, Granada and Holly Springs to
Jackson, Tennessee; at which place
it connects with the Mobile and Ohio
road, and will form a connection with
the northern end Of that road anoth-
er continuous line Of railways from
New Orleans to the Ohio river. Mo-
bile and Ohio, from Mobile to Cairo
In a forward state. the Tennessee
division being mostly graded. This
is one of the longest main trunk lines
in the Union. Nashville and Chat
tanooga-The reports Of this load
show that its business has been reg
ularly increasing. From its earnings,
the company have been able to meet
all their liabilities upon their funded
debt, and to pay some dividends to
the stockholders.
Winchester and Alabama -Sus-
pended for a time but lately resum-
ed in connection with the Fayette-
vile branch. The company have
ample means for finishing the road
way to Fayetteville. The following
statement of the condition Of this
Road is given:
Length of road from Decherd to
Alabama line. ....Zf3 miles
Length of branch to Fay etteville. 183 do
Whole length of road from Fay
etteyille to Decherd ......... Al do
ESTIMATE OF Cosr.
Masonry, graduation and bridging
from Decherd to Fayetteville, to
complete the main stem and to
haoin and finish the Fayetteville
! part. .......... SlSO,OOO w
Cross ties. ZU.UUU W
Contingent expenses, engineerlng,&c 5000 90
Total for construction. ........ 248,OOO 90
Iron rails spikes and chairs 80. .287 600 90
Layingi il side-lines, switches, SC. $4,000 90
Total cost, exclusive of rolling stock 548 600 20
ASSETS OF THE COMPANY.
Individual subscription. ......... l24, 200 20
State loan for bridges on
main line. SoO,OUU
State loan for bridges ON
! Fayetteville arm. sc, 600
State loan SIC, 900 per mile,
on Al miles. 10000 100000 90
Total of means .669 ,2oO w
Deduct estimated cost $685.. .54o ,OOO w
Leaves surplus. .126. 200 %
The above estimate does not include expen-
ditures heretofore made on the road, but is in
tended to show the amount OF unfinished work
and the means applicable to the completion of
the road. The amount of work heretofore
done upon the road is understood to be about
100000.
! Melnlnnuige and Mdnchester--
Completed and in operation. Mem
I phis, Louisville and Clarksvalle--30
miles under contract, and in active
course of construction. Louisville
aud NashmNe--First Tennessee Sec
ton of 40 miles nearly completed.
1t is calculated by the company to
have the iron laid as far as the base
of Cumberland Ridge by the close
of next summer--by which time, OF
before, they also expect to have the
road-bed completed from Bowling
Green to within two miles of the
same point; at this part Of the line
the Cumberland Ridge Tunnel will
delay the completion of the work for
about eighteen months. The north.
ern end of this road from Louisville
is in operation about tbirty-fve miles,
and working forces are engaged in
preparing the balance of the road
way. No fears are entertained Of
the final success of the enterprise.
Tennessee and Alabama Nashville
to Alabama State line-20 miles COM
pleted, and % miles more under con-
tract.
Central Southe,n--Columbia to
Alabama State line, through Pulaski.
This is in a prosperous condition; and
connects at Decatur with the line of
roads projected through Alabama to
Pensacola Bay.
Edgsfeld and Ksntucky-This road