The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1858-11-26
SOUTHERN PACIFIC nAlL1OAD.
We copy the following from ihe New
Orleans Picaynnc Of the ilth insi:

y H'fllliE 81 inc ~fpthnniIffS 81 TINS
: company has been called hy advertise,
mcnt throughout the country to toe held
al Louisville, on the 18th of this month
There Is but fortnight lclt in which to
make arrangements for the attendance
of the Louisiana stockholders IN person
or hY representatives. and the mpor-
lance of the occasion calls fer timely and
concerted action The New Orleans stock
holders a.c a numerous and deeply inter
csicd class. who have done much and
suffered much Ia the effort to carry this
great work through the difficulties which
bcsct IT, and the series II misnanagc-
mcnts and misiortunes that came $50 near
being fatal to their hopes The arrange
mouts made at Marshall by which the
controversies spliuging ont # the deed
Of trust were amicahly adjusted and the
conflicting interests Of all the friends Of
the road harmunized for concurrent ae.
tiou. give a renewed Impetus &" the road
and call for the active participation Of
every stockholdcr in the consultations
which are made necessary ia order IA re-
commence operations upon a scale of
vlrur commensurate with the revived
prospects aud immense value # the On.
tcrprsp
The terms IF the compromise are just
and liberal NJ advantage appears TO-
have been taken Of technical rights 1r
claims - exact more than what vas dae
iu good iaith-thc payment If baH4 fds
debts. aud the fuillmcnt Of iosa fsf con-
tracts The Old Stockholders arc restored
t1 full possession of their rights under
the charter. ou no other condition than
that they shall provide f7r the hlula-
tion of claims which they have never
disputed that measures shall be immc-
iiaiely taken g. clear oil these debts o.
got cieaU cXmtu al its an irs AMI place
inrm ON new basis. which shail conn
uaud public confidence an1. with this
view. t. rpHrgsuizr the administration
aud place IL Ia the hands Vi r'N mer, al
business habits and alllH4 .eulod. IT.
f possible. with a national reputation
which shall he warrant tor confidence
in the good faith and prudence with
which il shall tc managed We rog-
cciyc. in sume Of our exchange pnper~.
that Ma Guthrie. az Kentucky, the late
Secretary ol the |. = Treasury - man
81 large wealth aud great ahili'y--is
pr1u..-ed a. the rew president
1Ircou4an,matiunof these agreements
and thr consequent reorganization. are
ihr work ul tie meeting az louisville
Ihrv will have IN charge vast interests
and mighty public cuirgpI ,g3.--un, of
+ tae greatest uf ,hc agv /" ,i pahiic
- st.t 1900 lltN ll'. ,~,ii
'"', ,,....',. III,
49, ..',..,.,.l',..... ... -.
49,. '',.," 100
arr l'.lt'! ,,,, w. ,a ,'j. Gar n,,;,.,
,br.. dcht. "a. agreed ,ipon. in t6rcc
five, aud seven months We assume
that ths VIII hr d"n'- "ee"Hs' KS ~ '''
s1 VIII -" ln toand, nin'ut 'I "' 'lEUS
anl total SURRENDER H ,',' 'n',' 'lT'
under cftu'n7itNt' very 'N' "'' 't'l".
The prov iS'gn li''l"- On" ''"l''h! l"'"'
debt a"i d'ih'Hily vi" p'',' 'n''n q,
position To- ''i"l''''' ,N' ''''' '"'''''t ny
mll"s latl"rr ""eh '"' '''i' amy WI, ivy
rhh,l'i .'l'I '"' '''' 'I '' ,''1'' '"
ave hnnitrd 'han-'''d '.i,> w 'a"' ana
i''h 81 >'"o"'o '''." l'5 '.'', '',"'
NuiN i"iN SUN i'a'"' ~" ,''0''3
pay Tue amount I'I",,ed '' soy .,' .,'D''
pHnN aii'ai again. ana i"i ~ 'H tne why
NH." \