Clarksville chronicle. (Clarksville, Tenn.) 1857-1865, 1858-08-06
10 TIE STOCKHOLDERS IN \, THE MEN

For the Chronicle.
TO THE STOCKHOLDERS IN THE MEM
Pills. GAINESVILLE, & LOUISVILLE
R.R. co.
Believing that the manner In which the road is
progressing viii be matter Of interest TO The
public, and particularly to the stockholders whose
money is used in its construction, have deter
mined to make monthly ststements Of amount Of
collections, expenditures and work done--accom-
panied by such general remarks may seem per-
tinent
The work under contract does not exten nd be-
yond the FIRST section Of 80 miles The work
heretofore done has also been confined 10 this sec
ton, beginning at the State line and terminating
near Bowling Green, in Stewart County. Accor-
ding TO The Engineers estimates, one half the
work on this section is d,ne The reason for con-
fining the work TO this section is obvious The
law giving TO the road State aid, requiring its COM
petion before the aid can be received by the Com
pany. Ana the work is now In a state Of progress
which iusfes us in believing that it will be COM
peted ready for the iron by or before the LIST day
Of April next.
The Bridges on the Red and Cumberland rivers
are unter contract, the first to be finished by jan
uarv next, and the latter by or before LIST January
1860. In a few weeks we expect to have
the Tennessee river Bridge under contract, to be
finished by the lst MAY, ls60-at which time II is
expected to have the cars running from our Ken
lucky terminus to point of intersection with the
Memphis g. Ohio road That the car will be run
ming from this place to a point Of junction with
the Kentucky end of the the road by May next, is
almost certain. Much depends, however, upon
the prompt payment of calls by Stockh, lders.--
| The money if not derived from this one ofits le-
climate sources must be raised, either at great
sacrifice of Bonds, or at excessive rates of interest
all of which loss must ultimately fall upon the
Stockholders The liberal spirit indicated by the
prompt payments made during the last month, is
highly encouraging TO every friend of the road, anC
a continuation of the same promptness will insure
its speedy completion.
The whole public, either as tax payers or Stock.
holders, having direct pecuniary interest in the
enterprise, will trust, give to the Board of D
rectors every aid in their power. The road is il
point Of fact the property of the people of tn,
county, and should be SO regarded, and in calling
upon them TO give their aid 10 the enterprise,
only call upon them to advance their own interes
in the managem ent of their own property.
i That there is a temporary Inconvenience to thu
owner of property Immediately on the line Of thu
road there is no doubt, but that l pledge mysel
shall be avoided, as far practicable, and whcl
it is considered that it is but for a short time ant
those who are thus put 10 Inconvenience, are, oil
account of their nearness TO the road, to be 10
much greater extent than others, benefited, they
cannot but admit the justice of the request whel
they are asked to be rorbeariug and liberal will
the contractors and to advance them in every le
, climate manner possible, beg leave In concu
sion, to call your attention to the accompanying
81 report Of the Treasurer
Respectfully,
I w. A. QUARLES. Pres't.