New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-04-17
[coMNuEIcArEp,l
N. o.. Jae lson and Great Northern Railroad.


A"TaxP Pager ID yesterdays morning Pcayune, IN An
address stockholders the New Orleans jackson
Great Northern Knioad" abos to make the easy going
people Of New Orleans believe the antexeouists p
the by which they have chened thensseyeo not
advocate recty e ppege road at the
miHus He invites ara until the floating debt paid on
and cut q the earnings dividend be paid and invita-
ton be exposes his hand which IS who knows the
game so Welt entirely nexcusabe Taxpayer tells as to
weitfos what why, for dividend that the " large stock
hoders may by It's being declared appreciate the stock ana
sell cut that which them The dollar for fifteen
or twenty dollars the share In other words wait that the
gigantic speculation may be accomplished that done mere
win then but party the road and that party those who
for good faith aud The direct and positive interests OF New
Orleans her trade and her progress.
But the small stockholders those who originally took Tie
stcckhonesy for the purposen their small way ACCORDING
their humble aid making raoad not 70 canton
Mississippi but aid in the great enterprise OF the
day IN and finishing Great Northernn Rail-
road from the city Orleans the Tennessee valley to
great Enterprise were so earnestly eounseled by
the late Company in order to secure which I'VE
should pesevere by every dictate Of interest sentiment Of
honor and every injunction patriosmn To this end
should persevete accomplish mission, let
come after whether in dividends con-
which will hasten and
the commercial progress Of the State and city.
The Extensonists have within day two, dis
covered they opposed OF the road
and ajax Payer while maxi, this extraordinary
after the manifold declarations
the the Are
prepared spend Ave six millions Of dollars ue
yony Company ~ the Of so small
country seven il the Company had It would you be willing
build the roadf Would YOU he asks in effect keep your
faith with New Orleans with Louisiana, with Mississippi
with the private stockholders who all contributed originally
what they did contribute for the only purpose giving
great city the command Of that trade which neghbors
laying claim, and which should legimately be ours.
Would you do that which you pledged to do. Tax
PAyer asks you you would be honest and fair dealing
of in He adj
No We answer, will land eve happy that his
position who would touch the Company's Treasury
need not be intcrfered with.
The road built originally designed and the
may make dividends and Mississippi
still viii build without asking the Of the
S4l200g Of which they have shamefuy defrauded
The funds in the treasury of that State
nuate hereafter with the private subscriptions other aid
will build the road from Canton but if be thus arranged
there is speculation other roads no buying in no
bading aiding the Baton Rouge Central Roads
money must f time be applied purpose which 1t will
given and do hesitate Monday next
he Stockholders, consulting their interests the
interests Of this community, for the good faith party
ieke against the "nonexensonists the Company
lad the party, that the road will built without
uriher cost TO this State, this city the Company.
TAX Payer preends his ignorance t charitable to say
is gnoranee that the affairs Of the Company despe
ate condition He visions Of sher cousiables and
xecutoners, aud other hideous sights his earnest
less for dividends he believes will swallow up the Great
SoTfhern road all the way from New Orleans to Canton.
Let how stands this bankrupt Company stands she
beside any road this continent unfinished she is not on
IN emnence far above financially AIRY other
We have taken pains plain way applying the
Jules Of addition ard satisfaction to the figures had
ome trouble Eve must contest They may however be
eed upon aud in order that the public aud the small stock
olders we'll as the may condition. we
will show the result of cyphering below.
The Company
l. Mortgage thirty Yeas from 1855 payable in 1855
he Of his deh hahn
Sc that Indebtedness need scarcely present con
but the interest upon these properly must be
he per the above Sl25-60 On
The Company has bills payable and loans which, TO
great extent, secured by pledge of bonds
State, city and first 1871 %