The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1858-12-17

tDrast hvo Thousand dollars in stock. and
/ large donations Vi land for the usc or
1 The road. will h, obtained from soliL cit.
1 ixcns of Teas, who are Interested in tho
eucccss Of agrcat enterprise.
We may also mention That in the de-
bate complain, was made by stockhold.
crs that they had sent ,uoncy amd CERT.
fcatcs of stock to the Secretary, IN New
Orleans, If the former Hoard Of Dirvc.
tors aud could get no return or account
Of them.
In conclusion, DR.. FowIkcs urged an
cflcctual and radicnt change in the or.
ganization of the company, md the re
lection Of capable, prompt and energetic
ofiiccrs--as TAI ~ possible, from the work
ing men Of the company
Among other suggestions for the fl.
turc is the consolidation into one Of the
interests 81 this company aud the Men,
phis anc FL Paso Company, which poss-
csscs similar but not conflicting privi.
cgcs. and Government aid from the Uni.
ted states, in consideration Of military
advantages and postal benefits and he
sums up briefly but pointcdly considcra.
tions applying TO the southern and South
western States, more especially I.ouisf
lana, Mississippi. Tennessee and Srkan.
sas, why their own interests should
prompt them 10 give their own iniepcnd-
cnt care. and why they ought to join in
requiring the favor of the General Gov.
crnmcnt.
This report Of Dr. Fowlkcs was tavor.
ably received and referred to Is commit
tee. whose report was to bc made TO an
adjourned meeting the ncxtmorning
On Saturday the business committee
made their report on the address and pro-
positions Of DR.. Fowlkcs. We omitted
Yesterday 10 state that that committee
| was composed as follows
Rob V. Richardson, Of Tennessee W.
q Brownlow, Of Tennessee /; Franklin
CORN. Of Tennessee Judge shannon. Of
! cius pcsha. Of Kentucky d. I. Ilcntcr.
son, of Kentucky J II Harvey, of Ky;
and jeremiah Morton, OF Virginia.
The report Of this committee was unan.
imous in the expression OF their convic.
ton, that ~, the rights of the stockhul-
dcrs will be secured hy the payment Of
1927 900 that the company will surrcn-
der the road and property, the State of
Texas will dismiss the suit, and the work
will Immediately proceed without embar.
rassmcnt Their plan for raising this
money and for action subsequently,. il
embodied in a series of resolutions. con.
tanning the following propositions and
recommendations. which we're unanin..
ouslv adopted /:
An advance or loan is requested from
each stakeholder of the five per cent.
| stock to the amount Of iltv cents on each
share or il the stakeholder prcicls he
may surrender To- the company. in lieu Of
! the advance onc-half of the full paid
/ stock Suns thus advanced with inter
est. may be- converted into full paid stock,
at par within twelve months.
For additional means STOCKHOLDERS are
oas.,stly requested 10 pay ny te'orc the
10th of December all indictments nov
due ON stock, and TO advance the install.
neuts which viii be Que on H., A.,
january i"' YIN. ''' - u 49,.
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