Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1860-09-27
The Louisville and Nashville RaIlrOadss
a Card from Gov. Helm.
70 he oeileidsrs Of tie Louisville qaa Easvis Railroad

To TIE Stockholders Of tie LoHfs01e dad NdShCte Railroad
and TO the public.
Nv attention has been called to communication signed b,
Of the Board Of Directors of the Louisville Nash
willing serve President year. are now un.
willing they assigned, aoM others 0rdUs aaGgni
td had not known before that Mr. Guthrie refused
with President. thought had learned from his own
that he mad objection that he did to
President and would be, and the Board
knew it. He has to this time persisted in this determination
thought we had confidence in each 9TH
err Thought IL was his sseee desire TO leave the Board
mutual friend misunderstood his position knew
were Of the Board who pSssd desire to con.
hde the fnsnee OF the Company to mere able and competent
President WE'LL months have elapsed and
vigilance business forbid the conclusion that they
yet they have found their The requires
President complete organization many stockholders
an idea has the place. none better has been
found They IT, had enough manage road its
Construction, could it, and all believe would try
up down. seek the controversy
OF last winter Whether determined by
others Of grace magnitude" seek to
the impression that l. by Of mine during the
teres OF the Company desire to my hurl
back the from whence it came, and proudly defy any
human being to point to such act OF mine If that
have spoken Of the management OF the road dspangng
only say whilst will always have due regard for truth will
speak what Think come what uay and not often care who
les true now that the road and its branches are finished do
ought 10 have her share Is not true that am Influenced nv
gnoble ascribed stockholders think
shall my President regret
that labor the conclusion
my peaceful election regarded
sufficient In sub if the country
shall prove 50 barren Of material as not to be able to fill their
places will prove dreadful catastrophe to the Company.
Cesar died. but Rome survived BoRaparte exed, but
France did not PERISH Washington dead, but America lives
Il is the cuom all long lines Of railroads to have directors
along the line of the road 1t is necessary have interested
eye on every part OF great enterprise ike TINS when IN opera
ton. Corporations usually bed to death by leeches which
follow their train; eernAyance the price. But for
other directors thus placed and in procuring business
the road look to its nehborhood transactions and report de-
nquent officers and labOer AMI promote harmony
among the business OF toe road How many
directors the road look after its welfare?
that small business for them, but Ipu it to the eandor OF
pacca business men, TINS mite WORK Is not necessary 10 tne
practical operations OF road. quorum Of the Board al
through Louisville members MY willingness to resume the
Presidency prompted other desire than the best
my friends, willing abide friendly and frank
ntrhspgo the views Of the stockholders in general council
and cheeruly abide their decision With due Difference
judgment the Directors would have acquitted themselves with
more credit to the course rather hansek to
excite the present irritsed feeling Of the country de-
ceved the great Of the people concerned in this road do
notregard their equal morally mentay, and socially 1t
Is true have not their wealth.
It'll that ny friends contemplate effort
ali the Board but it IS true from the nnumerabe causes
Of complaint they erea partial change that the might be
opened for Investigation. think the community will regard it
Of high ground that the stockholders must elect all
or none Of the present Board 1t is not likely abuses will be
corrected by gentlemen who exist and allow
uny investigation and enemies
who complain By slluson a combination being
formed to Nashville with that Of the country
taFe management out Of the bands OF Louisville prompted
by feelings Of revenge because they Constructed the Memphis
branch il the gentlemen forgot their high positions
and ignored the eyanescent historical fact that in the darkest
hours of that enterprise the champion who sngehanded
fought its battles and the victory, but did not emain to
gather the Spos and that fact well in Nashville 1t
true the gentlemen did noby finish the unfinished part Of that
do for that act.
T6ereare changes OF announcement made city
isVe, all aang the line, and Nashville and that fact
rous to all who know anything Of the Louisville and Nashville
Railroad. say 'We satisfied those charges of
Now here positive and unequivocs denial that there exists
for such complaint If that be true them there
gross flSehoOds told in Louisville all along the line and
and IL so snort @e bCnpb ar Snsbs in lis card aS
i
who has had business transactions with the road and VITO has
complain that staementtrue! put the question to
each and every who has cause and has complained did you
get it from myself friends?
any who claim my friends have made complaint for
themselves others without foundation but for the
hereby publicly dismiss from my friendship
unworthy Omy associations People OF Nashville, called
uponhrough business tomsk good Of
plant. you have been guilty of false cIamor facilitate
combination with me- to crafty your revenge on this 6ameGs
Board for snhug this unfinished business work on the Memphis
branch Ipublicly your assistance knowyou too wells
not to know you are never influenced such and petty
motives Theopnion enunced the Board the opinion OF
the citizens Of LOuve they desire trsde desire your social
intercourse and seek 10 be your ana 10 establish
with principles which mark the and
ogentlemen. The opinion has the merit ofbeng exclusive
IL any OF my friends have spoken In terms OF TeproSeh OF the
Directors for purchasing mortgage bonds such have not
ton for important time the welfare OF the road
That suspicious aoat that there combination to buy the
road deny That like other suspicious sccompa.
nying the transactions Of great without
and lives in the air. and not true unerng time VIII crush 1t
out, and it wiz by harmless Vapor II all who enter
tain that opinion to be numbered friends can favora
Dy compare Win me gentlemen IS 70 NUMBERS In regard me
resolutions proposing create sinking fund and advising the
road for dividend when taken connection with the expans
tory thought the idea that
there dividend for thirty years
thought and yet think they not called .or that they
premature, and however the motive which have
them they have had the the
the worthless the market much that Of the
largest payers will not pay dollar get certificate Of
The has doubtless been often
Will be bought for tribe and the road will fall into the
hands OF few That the advice counties if
putsued would stock of the county
form, where be made 10 have force efficiency
in controlling the road and place it in the
is force efficiency
management deny. have expressed dissent
and my purpose offer substitute at the meeting the
stockholders. IL that be treason etbe have apology
TO make.
do not know the extent OF the Directors
they state at S25OOO. Well have last been on the
paper Company and given my individual paper
for at least S2OOOO,
cent Who really thinks those gentlemen involved beyond
the of the road Is there danger
responsibility levy already Louisville for
S75U0J Would it not he the duty OF incoming Board
their honor, apply the the
relieve those gentlemen Does seriously
danger loss surely for the Louisville and Nashville
with monthly earnings Of $4,000
II should be elected will take those gentlemen
dollar No dollar under my for
five and a half years. and will.
People Louisville and all other stockholders,
faithfully than five You know the trials
through know 5heher interests be safely
have been urged this by those who
necessary promote the interest the Company and not
Of have hesrt for malice treasure
toward the Board 1t nevertheless true, pr de and
feelings wound.d think without cause and it would
be grateful for be reinaed. beg however, not to
heed the little pickering between myself and the Board
ths country stockholders free TO consult as to the welfare
and look men, one believe that the Louisville and
Nashville Raj will remain fixed fact and the
wag when little shall all be forgotten. Do what
you think is right, and am content Respectfully,