Houma Ceres. [volume] (Houma, Parish of Terrebonne, La.) 1855-18??, 1857-06-06
RAILROAD MEETING.

in Houma on Monday last. the LIST inst.
The officers Of the previous meeting took
their seats and the President announced
the assembly organized.
Mr.. Connely, on behalf Of the commit
lee appointed to confer with the President
and Directors of the Opelousas Company,
then read the following report, which was
adopted: eF.rrrrssl5.rtE q Y /
To the People Of the Parish Of Teuebonne favorable 70
Branch Railroad to HouDa :z-ss-z=-
The undersigned committee appointed at pub
lie meeting held in Houma on the 4th May ut,
for the purpose of comforting with the President
and Directors Of the OPelousas Railroad Compa-
nv, and ascertaining on what terms a connection
could be made with said Company, beg leave to
report: That in discharge Of the trust reposed in
them, they repaired to the city Of New Orleans
on the 18th inst. for the purpose of attending a
regular meeting of the Board of Directors Of the
Opelousas Company which they were informed
would be held on the following day. During the
day Of the 4th your committee called on the off
cers and some Of the Directors Of the Company,
and in the afternoon went to the Office of the Com
pany where they spent the whole evening in the
ante room, without being admitted 90 the presence
Of tho Board, they being engaged (as your
committee we're given to understand in receiving
ambassadors from Texas and transacting other
important business. The Beard were, however,
eraciously pleased TO cause us to be informed that
We might on the following evening, lay our propo-
sitions before their Committee on Construction,
who would report to them. We accordingly. on
the evening of the 18th inst, had the honor Of
meeting two members Of the before mentioned
committee Of construction together with the Pres
dent, Vice President, Secretary and Engineer Of
the road, before whom we laid a written PROPOSE.
tion to the effect that we would subscribe and pay
10 the capital stock Of the New Orleans, Opelou-
sas and Great Western Railroad Company the
sum Of one hundred and fifty thousand dollars-
payable in FIVE semi annual instalments;or as much
more as might be necessary. together with the
States proportionate subscription, to. build and
equip Branch Railroad from Houma, to connect
with the. Opelousas road near tho Terrebonne
crossing provided the said Company would use
the money 90 subscribed 10 building and eqnpping
said Branch, and would when it should be COM
pleted, run il in connection with the main road.
The subscription Of Sl50,OOO togsther with the
90 per cent to be contributed by the State. would
raise . fund of $4,000, which according to
the estimates furnished by their own Engineer)'
would be moro than sufficient to build and equip
the road. Goiasaigsxs frs a7aEssg y..aei2a i
6 In support of our proposition We laid before
the committee, statistics and calculations, going
to show that under the Management Of the Ops-
lousas Company and the economies they would be
enabled to effect, the business Of the Branch road
would pay . percentage or profit fully equal in
proportion to distance. to that Ut the trunk. while
it would divert to the main trunk . business now
going through other channels, worth at least ten
per cent oi, the whole cost Of the Branch. a5b
= The Committee and officers Of the Company
appeared fully satisfied with the representations
Of the undersigned, and we left the city on the
following day (l6th) impressed with the belief that
the action Of the Board on our proposition could
Be none other than favourable.
But We are sorry to say that our hopes were
disappointed. We have tho honor to lay before
you herewith, resolution Of the Board of Direc-
tors Of the. Opelousas Company, passed on the
2lst inst proposing terms 10 us % onerous that
We conceive it would be impossible for Us to com
ply with, even il we, were willing to submit to
Resolved, That tho President; be requested to
address the Committee Of the citizens from Ter
rebonne, and propose in answer to their PROPOSE
tisn to build i branch road from Ferrebonne to
Houma, that on the subscriptions and payment to
this Company, Of The sum Of $500, 900 viz 25.-
600 cash, and satisfactory City paper for The bal
ance, in three equal instalments, At s, - and IL
months from date Of subscription, then this Com
pany will proceed u build said branch road, and
continue ito constrsction a fast = tho funds are
realized IN cash. No. certificate Of stock to Be
issued until all the notes are paid - aiI,
A true copy. ,Bkx1. F. FLArDERs, Sec.
The subscription ii 5000, 900 together With ths
20 per cont that would BE- advanced BY the State
would rai,e fund of 4e4o 900. So that the pro-
position Of the Beard involves first, bonus in their
favor Of from $50 900 to 900 dollars Second.
they require one-quarter cash, and the balance N
6 IL and 10 menths, making = credit Of leg than
ten months on the, Whole 5000, 900 and finally.
they unwilling Y trust u, but require us @
pay tax to tho cemmieiion merchants, Of New
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