The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1858-06-26

honors Intended in ciecting him = ~.
rector Of the sold-ont Company II j. q
rich document, and we regret that We
cannot give it oatiro. 4 IS t,gAg oea'
,J,nvntars 10 tAc 7s1os braaoA of ~ -
rerfarg'
We publish below the card entire, so
that the public can see for themselves
what Mr. Archer has sam
CARD FROM RICHARD !. s'.cHER
t. M NfaotAa@iisrs If fA Nosfhera pa
efr Raiirrgd CempzHa: did not approve
the Directory elected yesterday. aud ~
fused o. allow nay name % be placed on
il. | was assured that ii would con.
sent To serve would be allowed to write
to gentlemen OF known probiiy and quail
iiicaIious in Texas 70 solicit them 10
serve as Directors. and that some of the
Directors Of Texas would Immediately
give place and these gentlemen should
he elected | was further to be allowed
D. write To the Governor Of Texas 80 re-
quest him - designate men Of protiiy
an. qualification to serve "a Directors
and that they tep, should bf immediate
ly elected On these terms ! Reluctantly
consented that my name should ~ on
the ticket, ..ad stated that would mot
20 10 Texas but would resign If the d.
reclory should tad 10 be such as met
my appreciation.
II has been my earnest wish 10 pro
tcct the interests oi the MANY $40 have
invested money To .his great aud patriot
ic enterprise. There ht7e been iNo an
tagoHistic parties heretofore, anil the
Texas party being extinct by their own
suicidal frauds, the other party seem to
think that their power is unchecked Al
though the settled belief is almost ami.
versal that much ~ The stock iasued in
New York is fraudulent, and the con.
trary has net yet been shown; although
but little more than 0ne year age people
Of the South paid three hundred and liity
thousand dollars for stock 1n express
contract that the domIc.le ol the Com
pauy s,nuli be- permanently ina New Or.
leans until tIie railroad should be cam-
pleted through Texas. iud that majority
Of the Directors shprld boz given o. lhr
South: both uf which condition, have
been violated; although the Company rs
struggling for dlultiul existence. and
the just indignation Of wfongrd pc0pln
is deep and damning, resolution was
offered H. re0peu transfer aiAct % New
York | objected that a transfer Office
was EoW unnecessary, and Il necessary,
New Orleans is thc proper place Two
Directors made plausible argument, 90
show the necessity Of a transfer uliec iu
New York to transfer that which has mo-
value. There were strong and convincing
arguments 10 shuw that bodybuilding is
more important than the existence OF the
company Immediately rendered my
resignation and lpit body into which
! had reluctantly entered almost at %
sacrifice Of seIl.respecl
Blu /. wish them 90 pro erec the exist
oncc Of the company Texas can right
fully purge the company Of all the fraud
ulent stocks or claims Ii was nay pur-
pose to write 10 the Governor 81 fcyas
20 solicit that he would recommend Co
the Legislature To- reserve io this compa-
ny lands on each side IF the road sulh
cient 70 satisfy the maulicent grant al
ready made but ou express condition
that there shall bee only twelve Director
of this company, four ni whom shall be-
appointed by The Governor, on the part
OF the State, aud eight ou The part of
stockholders; that vote Of two-lbirds
shall be necessary to pass any bylaw or