Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1859-02-16


10 secure he p,ymeot - certain debis. urdrr Tbs
s,s the ad same Into = -.t.,.rn ~ CERTAIN grnils
ulsr, Nho guss,-iel q, 1rs,uifr directory With L.
4. Grui, T'l,, ~ Oo,rga, as prrsshut twill al,
A. b. f,n,rilaei that the gll or seli out comp,ny
NOS represented ~ IL, Jepth, fvplks. II Mrmphi.
s'rvsileH' attacked the validity - the s,le aui it,
siiuei legal TrugseiEgs l-Gre Judge Fraser,
against the company In TossosiJn, Both Companies
e'alusl the iishI and possession II the rad. Sab
srqutHtly the matters u difference between the rival
Companies we've rutmiitel to aTllIraors far adjust
nrni, The gentleman selected Srre the nc,t r,spse-
table reputable mcH Ia lian,R e,uu,y The sui
slanye Il ih,lr aW1rl, af,Wa patient and iabcricus
iu,et sitloa,f he vhpe itct, was TINT the ull
or soi ,ut cmPt, 'h,uli lay ,ue,ihrlo the debts
provided Gr ~ the rU,i deed merged IN stock on the
lj,h q Ian asi, nnc-ihIl on the 10th al MARCIA,
an the remaining .ue.llirl ~ the 10th ,r May next
iu ee' they filel 10 du - the r,w company were u
pay IN the i0sa iit d,Lis Ia o, . and months frvm
the 10Th Jan, last, nnl tie ui company we're to fr-
fit all claim rlgh, 10 the rual and were to dsms
their suit against tie new company, 1hSamounts Of
the debts thus agreed he paid ID said to lie about
: $4,000, TN the 10Th Jan the representative or
the old company appeared AZ MarshHll as heretofore
noted, ard made tender to the arbitrator e about
81, 900 Cah and Al out SCI coo Individual ucgo,n-
Tile olcs lhis'f course Nas not q c,mplinrce with
the nNnh, aud the new company ella ned an ahsolaie
forfeiture. and that the Old company should at once
dismiss their SUIT. day or tw"aftcrwarls howe or,
lr. fNlhes arrived at Marshall. stating that he hal
Teen delayed a. Rcd ii CT ly heavy fng., that he
gVt, a.. a.. q .
the drlt merged in stock, a'so thai he had funds ic
pay % IN CD days the entire hieh'e,lue,s IT the
company, Lat lccl'ucl laying until The committee uf
arlitnios should strictly lainc the accounts mcr,
Ell in stock, n5l rrou"Tnle he.n corre,t The com.
niicc proceeded ~ m ,kc this ex .in u .on nm we're
engaged IN 1t Tor two weeks, until two d lys Of The al.
'trscd sale lay Of the road under execution Dr.
fcnk,s all the lille declared tht he was wholly
Indifferent whether tho mh'trators declared forfeit.
rc " not, as lie could bay out the road sale day
The committee finally male their report, and nr.
FoNlko' lie nci t. pa tho mno ,nt, hut propos Il to
pa. 900, nnd give mortgage the road for
the remaining payments. OF course this proposition
was rejected. The new company abide by the award, !
regard the rights of the o company MS fIyfste to
Al nton's auh pura Sc and rroNos. to pay OFT
the a,bS Of the com bInY a,;ort NJ TO tho original
award in 3, 5and months, and proceed with the
construction Of the roal
We learn that it is the general OPINION at M,ryhal
that DR. F"wkcs lh but little money or negotiable
paper. although h. prot;s,el to ha ample means at
command, and hal no intention of complying with
the award That he hopel to get possession of the
road by getting rid Of the nrilrStors and making
comprcni Sc with the hoard of directors by buy
ing majority of the nli>ilual stock Of the new !
company, or by bnying the roa at Sheriff sale, and
that lis purse too short for either plan.
We are pleased to le. m that the company have
the means necessary go with the construction If
tire road. Mr. Grant, the president, is thorough
practical railroad man, and said can associate with
him capitalists and railroad men in Georgia and else
whore, sufi lent To place the sogress Of the work
n blss The oil cumpay however threaten lit
sa;a's, They may cripple and retari the enterprise
by litigation. Hey are ttill powerful FOR mischief if
disposed to exercise their power, however, powercss
70. good. DR. Fow:kcs may cnio the prosecution 9
Of the work Bat we hope he will not descend to the q
era fcato of spirit Of revenge at the expense Of
The progress Of 20 great nm enterprise. !,
We have given the facts above rs we have heard 4
hem. We believe them TO he Substantially true. +,
Be!ow We g lie prop elton made to the Loaa fje h
tochhoders, by resolution Of the new board. The q
erns appear to he fair and equitnb!c. >,
lrricE or THE SOUTHERN PACIFIC r r. COMPANY e.
Marshall. Texas, Feby md, 1863. ! ~
SnFfrAs, The Southern Pacific Railroad Company
nov, Ertlo first time since its organisa i,u nj
make propositions the ioqn le Stock holders Of
Tie "auid-unt. Company fOv their admission into "
sur onplny, upon fair aud equitable terms, with DC
out suljecting "nisrhe s to DEMONSTRATION,
natives to misrepresentation. Therefore, IN
RcSolrra, That any holder Of Iona fife Stock Of
he solOu. Company, upon which pre- ionsy to the Or
day Of june 1858, there has heen paid fifty dollars vi
nj who sall pay to this Company fifty dollars in Il,
ash shall rccei, share Of fall paid Stock in this \,
'umpnny, and that this resolution shall have full ~
and effect ri the last day Of March, 1863, and tn
nd not thereafter nc
I, W. Il. d. Ward. Secretary the Southern Pa u,
Tic Rairaad Company dc hereby certify, that the -,
bo'e and foregoing Preamble and solution is true =
ply Of the original now IN record in my Office.
~ Given under my hand and seal Of offee nj
l. s. in the city Of Marshall, February 3D. 1861 n
~ W. r. d. WARD. Sec'y. S. p. r. r Co th
-------'S- .---------- lis
~ The Waco 'Snutherncr sayg that Mi. Neghbors III
,ssei through that place last week for Austin - is
hther he goes TO confer with Gov. Runne,s, in re-
ard 10 bringing 10 tiial, the wlo hi.ied the
serve Indians, Capt. Forl hlvng refused TO arrest
ZEN. The S,uhernor learns that the cprc,s t.