New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-05-09
SOUTHERN PACIFIC RAILROAD.

In another column will be found notification from
Col. @. S. Todd Vice President of the Southern Pa
cifc Railroad Company, announcing the appointment
of Mr.. Fl. s. Fulkerson s4 Common Street. as ageut
to deliver his official receipts to all persons DESTROYS
as all should be, of making the advance OF fifty cents
per share held in compliance with the policy adopted
by the Directory at Marshall Texas in the beginning
of last month, full and authentic account of which
has heretofore appeared in these columns. A NOR
| satisfactory appointment could not have been made
We had the pleasure of somewhat protracte,
conversation with Colonel Todd on Saturday last
| From him we learned much that was pleasant ant
promising. He informed us that the stockholder
were paying up with much aacrity that the best sor
spirit was manifested all sides that all appeared
embued with the idea that the greatest enterprise
all times must be pushed forward to completion, and
were prepared to meet the requirements of the occa
sion in liberal spirit; that as the Company was now
comparatively speaking, freed from embarrassment,
all should put their shoulders to the Wheel and urge
the car Of progress along in downright earnest and
that as soon the terms of the Marshall compromise
we're complied with which will certainly occur at an
early period entire possession would ensue, and the
work of construction would at once commence, to
know neither tagging cessation until the triumph
its freshest and most glorious laurels.
We were further informed that the President Of
the Company, Dr. Jeptha Fowlkes, had entered into
most advantageous contract with railroad men of
large means and undoubted capacity, to construct
fifty miles Of the road-twenty-fye miles in four
months, and the other twenty-five miles in eight
months. Some twenty-five miles of the road are
already completed. To these add twenty-f five miles
MORE and the six thousand dollars per me cash loan
Of the State Of Texas Immediately becomes realiz-
able, which will prove of inestimabe benefit to the
Company at this particular juncture. When hun
dred miles or more are finished, things will assume
an altogether different aspect from that which they
now wear, as the magnificent land donation of Texas
will become available and when it does become avail
able, all pecunary obstacles must necessarily vanish.
Speaking of this land donation we will remark,
although it is hardly necessary that it is the most
stupendous ever made by any State or nation and
that, as the road progresses, and the lands are
thereby brought into Market it will not only of it.
self constitute fund sufficient to build the road to
the Pacific ocean, equip it perfectly in every partcu.
lar but leave an enormous surplus of many millions
of dollars to be divided among the stockholders.
Any man, endowed with ordinary sense, after con.
sultng the data which is in the reach of ALL cannot
fail to arrive at this conclusion.
Hence we conclude that the interest of all will be
subserved by promptly aiding the grand enterprise,
which now only wants little assistance to begin
with, to become eemnently successful fact,
within period of less than twelve months.