The weekly mountain Democrat. [volume] (Placerville, El Dorado County, Calif.) 1861-1862, 1862-05-10

At the adjourned kallTO ad meeting held IN
this city on the evening Of the 9Th instant, the
committee appointed a . previous meeting TO
visit Folsom aud confer with the officers and
Dlrectors Of the Sacramento Valley Railroad
made the following
GExrLEMEN-Yo our committee, in pursuance
Of your instructions, proceeded TO Folsom,
+. Bragg, President, J. Mora Moss, Trustee,
J. p. Robinson, Superintendent, and J. L. Rob
insOn, u large stakeholder Of the sacramento
Valley Railroad.
Your Committee are happy to be able to re-
port that they were entirely successful in the
object of their mission. The ab0ve named gen
tlemen manifested deep interest in the success
Of our railroad project and offer 10 extend 10 US
the most liberal assistance.
They propose
LIST. That II new survey shall be made, rs o
matter Of economy, believing, as they do, that
u more feasible route can be found Than that
laid down in surveys heretofore made. they
propose TO furnish u competent Chief Engineer
without charge to our organization, unless his
route is Hdupted and the enterprise Is prOsecu-
ted to completion.
I'd. Ii our Company will grade the road and
furnish the crOss-ties, they propose " furnish
and put down the Iron track aud 70 equip the
road with all the necessary rolling stock, in
Guiding locomotives, freight and passenger
cars, and everything essential to complete
running organization. In consideration Ut this
assistance they will require that payment for
the iron shall be secured by the first mortgage
bonds Of the Company, bearing ten per cent.
per annum interest, and payable in twenty
years. For any new rolling stock which 1t
may be necessary to furnish, We will be reQui-
red to pay ten per cent. per aDnum gu the cost.
Other running stock which 10 furnished By
| them 10 10 be kept in repair by our Company,
beyond this there is NO charge. Our Com
pany is to have the right, NJ any time TO Int
our bonds aud to buy the stock furnished by
them, and maintain separate aud distinct Or
ganizatiOn whenever we deem it advisable.
Sd. When our road is completed aud in run
ming order, they propose to CONNECT with us on
the following terms: The running expenses
aTe to be borne pro rdtG by lbe two roads, Amd
the profits " be divided in the same proper
ton.
II is hardly necessary for your Committee to
say that they deem the above propositions from
! the above nanIed gentlemen 70 be very Wherein
aud highly advantageous, and il met with y
proper and apprecmtive spirit ON the part OF
our citizens, they will insure the early con-
structi0n OF our road. Nor is it necessary to
add shat we regard. this as peculiarly the nc
cepted time aud the hour Of salvation Tor our
city and county. BY proper exertiOn and the
exercise Of little Of the spirit OF selfsacrihce,
we may assume for ourselves bright and
prosperous future. We will have standing
and AN acting place on what will become the
great highway Of nations, over which the CON-
merce Of more shan one civilization and CONT
neDt is destined 70 travel. The action Of Con-
gress on the great Pacific Railroad will quicken
the spirit Of rivalry and ar0use the sleeping
energies Of other localities, aud If we do BOl
want to be distanced in the race Of greatness
we must exert ourselves now. when the OppOr'
tunity is present Ii we do not, we will be The
prey Of the moth and must, and the mole and
The bat will in few years make humss Of OuT
AabiiaIiOns.
All of which the Committee most respect.
fully submit.
GEO. F. JONES,
C. W. BREWSTER,