Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1859-11-15

change, and accommodate the people Of that
township. The cost Of the increased lergth
would be more than made up, BY having less
swamp to cross, and the road would then pass
through the richest and most Popuicus to"h-
ship in our county.
have been assured, BY good men, that then.
70 nship would subscribe The necessary
amount 10 build IT,. The policy Of building on
! an air line ia a good one in general, but there
are times when q slight variation is an adyan-
tage. and we think nom what we have heard
that this is one.
the officers Of cur road, and hope they Will IN
vestigsfc II. as we can assure them that ll
would give satisfaction 20 a great many ciu-
gems.
Csrpo avp Fu1roN RAILROAD On Thurs
| dav iasf the board Of directors OF this com
/ Dsnv closed a harmonious and important ses-
! SION of four days, during which measures were
/ adopted for placing It's Affairs upon a more Ia
vorabie footing.
| fnu details Of the proceedings, being now able
to refer onlv 10 the most important.
Tho President received from Gov. Conway,
I snd lsia before the board certified lists Of
ahout $4,000 acres Of land from the general
land Office. TIE company row has about
| I.ll6.000 acres.
These lands, with ths property Of The com
naDv. elc., are By an order OF the board 70 De
na4e. through trustees, the basis Of an Issue
Of e 000.GG0 bonds, 20 be made available as
securitv for the work Of construction The
bonds will be receivable for lands Of the com
Tie comnznv's lands heretofore withheld
from sale. win be brought into market. and
can b. disposed Of for work and means 70
buiid the road. They viii be held, BY deeds
ror ready paw. OF b. contracts upon time
An claims for prescriptions under the law
Of nor. a6. 1886. viii be Immediately settled
IN fbe most liberal spirit The company ad-
heres 10 is rejection Of The unconstitutional
law % last session, granting a new pre-emp-
ton.
The lands win be appraised, and those
found In occupancy Of them given the prefer
encs in buying at prices, not including their
improvements
Measures are instituted for securing, by an
arrangement with The Texas company, thcim-
MEDIATE construction Of the road from Red
yer TO the Texas boundary, IS miles.
George ". Hughes, Esq, was elected q d.
rector, in place Of Judge F%airchild, who de-
clined 70 serve.
The Office Of chief engineer was declared
vscan-
steps were taken to raise means for n pav-
ment Of present liabilities, and for further eh-
clfnE service
Il is understood that the Texas company are
now constructing fifty miles Of road, up TO our
safe line, aud seek an outlet In this direction,
which will be furnished by the arrangement for
construction Of the Cairo and Fulton railroad
to Red river.
The Missouri company has trains running
% miles-is coming toward the line, with ne
gotiations now pending sufficient 20 that pur-
pose.
The Arkansas link IN this chain OF commu-
nication is wanting, and mnstbe supplied. We
took with new hopes 20 the recent important
movement q the Directors, and to the yigor-
Gus carrying ont Of the measures adopted.
Tie president Of The company is expected TO
proceed to Europe about the first Of December
70 complies pending Negotiations sufficient TO
complete The Missouri division, and proposes
20 Introduce In connection with that orange
ment, the bonds Of the Arkansas company.
Next week, we propose greater detah-ha-
wing now only time 20 congratulate our people
upon the renewal of active measures in the
right direction. in behalf of this important en-
terprise-Llfle Rock True Democrat, Nor. g.