New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-04-30
SOUTHERN PACIFIC RAILROAD MEETING.

ANo N4 IkOs
SOUTHERN PACIFIC RAILROAD MEETING
Some two hundred gentlemen, mostly stockhold.
| ers in the Southern Pacific Railroad Company, ~.
sembled last night at Armory Hall, to hear the re-
port Of the President, Dr. Jeptha Fowlkes, upon the
recent events in Texas concerning the enterprise.
Col. Thomas K. Price was called to the chair, and
Mr.. 8, Turner was appointed Secretary.
DR.. Fowlkes made no speech, but read long print
ed report setting forth the particulars Of the
compromise made in Texas between the Old and New
Companies claiming the railroad, the legal proceed.
ings had between the State of Texas and the stock
holders. He was emphatic in the reading of bis par
ticularizaton Of facts showing the existence of bar
mony between the hitherto goniste parties in the
enterprise, and Of the etrenchmens policy of the
Company, based npon the compromise and the favor
able result OF the litigation brough. up by the State
authorities. -
He gave full particulars of the terms of eompro-
mise, Of the position Of the State of Texas toward
the enterprise and OF the present liabilities and as
sets OF the Company. pointed portion of the re-
port was, that in the S10O0000 of additional stock
to be issued to enable the work of the road to pro-
gress the present stockholders would have the first
privileges but that if they did not choose to invest
further they would have to surrender and allow ont
side competitors to enter the field The report CON
cluded with glowing description of the advantages
that the Southern Pacific Railroad, completed, would
confer upon the stockholders, the States Of Texas
and Louisiana, and the world.
The report was applauded in its reading and at the
close adopted without dissenting vote.
As DR.. Fowkes' report is promised for publication
at length in the city papers, do not deem neces-
sary now to offer abstract Of all that it con
tans.
Mr.. W. g. Betterton, on behalf Of himself and other
stockholders in this cy offered resolution that the
stockholders advance SO cents on each share az loan
to the Company under the new policy; and resolu-
tion that the terms of the compromise recently ef
fected between the Old and New Companies, and the
present policy adopted, be approved. Both unani-
mously adopted.
Mr. Betterton offered another resolution to the effect
that Col Price hand over to President Fowlkes for
return to the stockholders, what money he might
have left on hand after settlement of the business of
compromise the money having been advanced for
that purpose. t.- -.
COL Price explained that this was thing he could
not do, without involving himself personally He had
$290 900 of the money left; he could not refund it,
without the consent Of all parties who had contrib
uted to the fund but it he found that be could le-
gay do SO, he would advertise for 30 or go days his
intent to refund, and that if then opposed he
would refund to all who called. This was all be could
do without involving himself He asked Mr.. Better.
ton to withdraw his resolution.
DR.. Fowlkes explained that the responsibityrested
on him. and not Col. Price and that if there was to
be any issue difficulty about it, he himself was the
responsible party, he having received the money
from the stockholders and placed it in the hands Of
Col. Price.
Mr.. Betterton made polite explanation, and with.
drew his resolution after which he offered another
resolution, returning vote Of thanks to Col Price
for the in which he had acted in furtherance
Of the interests of the stockholders.
Mr.. Parmele called the vote on this resolution and
it was unanimously adopted.
s. Marshall ESQ.,, of Texas, who had acted as
Chairman of the Compromise Committee in Texas,
was introduced to the meeting. He set out by an.
nouncing himself no stockholder in the Company
and creditor of it; but as citizen of Texas he
had deep interest in it. He spoke forciby and at
length of the history of the Pacific Railroad enter
prise and of the necessities felt by Texas for such
railroad. He was attentively listened to and ap.
plauded
Ths hour being late, we could not remain to the
ena Mr.. Marshall was stiI speaking when we left.
LANDING OF SLAVES AT THE SouTE.-The New
York Journal of Commerce has information which is
said to be reliable, that cargo of slaves were landed
at the mouth Of the Mississippi about fifteen months
ago, unknown to the United States authorities. The
United States Consul at Inagua Turks Island, in
private letter writes as follows:
Ishave just Ibeen informed of an interesting cir.
cnmstance in regard to the landing of slaves near
New Orleans, and having seen no reference to the
transaction in our American papers, and feeling
dent of the truth Of the statement, send it to you
with all the particulars could gather from the au-
thor, who was on board.
John James, an English boy. (seaman) who shipped
on board the English bark Esther Francis at St. jago
and wrecked at the island in January last says
that he sailed from the port of Philadelphia in the
| summer of 1857, for Havana, in the ship -, of
New York, and that he sailed in the same ship from
Havana to the coast of Africa, where they took on
board cargo of slaves at place called as he thinks
Baraba and that they landed the same slaves the
mouth of the Mississippi, Ito the northeast of it) in
January, 1885, They landed six hundred, and lost
only about dozen on the voyage. That they landed
settlement at the spot, and that they mme edately
proceeded from the place of debarkation to New Or
leans, and reported (as he learned from the second
mate) to be from the coast of Africa He says they
fell in with no cruisers on the voyage, which occu.
pied from six to eight months He does not remem.
ber the name of the Captain or mate.
l have no doubt OF the correctness of the boy
statement, and was astonishsd to know that such
trade was carried on so boldly on own coast.
A JOURNEY TO THE POLAR SEA.-Mr. Robert Ken
nicott left Chicago the 10TH for overland jour.
ney to the Polar Sea. He will not return before 1861
His object is to make contributions to the common
stock Of natural science, and devote his attention to
the Fauna and Flora Of the country collecting spec
of each be progresses and taking such notes
as will enable him on his return to prepare work on
those branches of natural SCIENCE which will doubt
less in due time be published by the Smithsonian In
stitution.
REPLY TO THE ScoFFER.-To young infidel who
was scofng at Christianity, because Of the miscon.
duct of its professors, the late DR.. Mason said Did
you ever know an uproar to be made because an in.
idel went astray from the paths of morality? 2" The
infdel admitted that he had not. " Then don't you
see said DR.. NJ, that, by expecting the professors
of Christianity to be holy you admit it to be holy
religion, and thus pay it the highest compliment in
your power?" The young man was SILENT
Arrivals at the Principal Hotels Yesterday.
ST CHARLES HorEL....M R williams, No. Robt
Pngh, Mrs Becnel Miss Becnel, NJ Becnel, La.
Williams Va... ii W Ventille and lady, Cas- Allen
las Dr is T,e Il