The daily clarion. [volume] (Meridian, Miss.) 1863-1866, 1865-07-30
the jackson Railroad again.


49, Is,.Lson and Great Northern \
Rs;Iroad. the elections are 10 take place
.nnually on the first Monday Apfr,
after being ordered by The Presld2ft anu e
I'D Of Directors. and adyer sed IN a
T4yN)rleaps pabers, sUell ass tSs Nils 0
s;nY; naners. f.,r at least fifteen days:- t
| n birec. ors are required 10 slpolii' I
| commissioners TO supennteno e"eh eeo l
tioH. and in the event OF = 'ai solaD
electa ney 3 a,d, the old n boar "O'N
or;nc To The war. no election was held
during The last four years. Comlhuhlc1
| lion between louisiana ana MISSISSIPPI.
was interrupted, and as the eoElivic
the Company had been translerreo rom
Nev q, leans 10 Canton ole OF The int
rlor towns of Mississippi, the s,ocKhoio
ers residing in Louisiana couio nov 70
there to vote. In The meantlnle1
President of the Company, MAJOR II; :.
Rsnney. died. On the IN OF May last,
No. Gan Canby. then at Mobile, issued
an order recurring the road to be turned
over tn the PRESIDENT and Directors, ana |
under this order there was re-ofgahl"a
ton of the old Board, TO which some ne"
members were added the Company was |
aoain domiciliated in New Orleans; me
archives were all brought back, ana y. y
Shsckleford, Esq, OF MISSISSIPPI ""S
. elected President Tor the uneX plreu 'el ~
In due time Mr.. Shackieford tooh PoS-
II session OF the road, In accoroance WI" IL
Gen. Capby's order, and recelpteo 10 me
Gnvrrnment for the rolling stock, etc.
which was turned over.
The action of Mayor Kennedy, toucn-
= ~ election of a new Board OF Dl-
rectors. we exposed in our issue OF yes
&c to-day According to his call the MISS
;ssinni stockholders were not notlheu,
az the charter requires, nor was the can
ct advertised a sufficient length OF tiin'.
The Mayor pretends that he has re-
es ceiyed authority in the premises IRON
the President of the United ot'tes' ouU
;feo he has never condesceuded 10 sho"
lot authority to the President OF the
S. COMPANY or any of the Directors. lie
was ,eouested by committee OF tue
nresont Board to withdraw the notice OF
Election until the return OF Mr.. SNACK,
~ Iaeord from Washington-wh!ther he had
d. cone on business-and pledge was
Given that as soon as Mr.. 5. returned the
opi directors would order an election IN com
pliance with the provisions OF 'he on a
fer Strange as 1t may appear "iS
Miehtiness of the City Hall refused.
}. The city of New Orleans owns stock oa o IL
the road which entities her 10 CIV,
.Iotas ond in consideration of this large
go interest she is allowed by the charter u
D~ onnoint three Directors. A similar priv
liz ia also accorded to the State OF Lou
. s;o1a for similar reasons. These SIX III
rectors. thus appointed, occupy the sam
I'd noe;tion in the Board as ANY other
rectcrs. but if created in this manner o
direct appointment, both city ana o.a a
foreco the right to vote on the respecIlS
shares they hold tor any o'net Li.o'I =
The Board consists of twenty tour
roctors. three representing the CITY
Nov Orleans. three the State OF Lou
al lana. six the State OF Mississippi, az
,. Twelve elected by the general stockhOl
ars TIN, constituted the twenty 10
directors have right to elect fr'
ident out of their number. AS the grea,
" norton of the road runs through M
- sissippi the authorities OF the o'ate
not recognize an election "hicn - IN
w called and which deprivcs her cltiz7
If their chartered privileges. The TO
IS. having been turned over to the seo'
holders. is no longer under military G.
troll and no military nee .ssity =,
outhoJ;za Mayor Kennedy, clVii ONO
!. IN exercise military authority In
nremises. Hence any action tha'
eler q Wayor NAV take, will in ali prooaol
ne disregarded, and IN ms eho t1
J., assume sovereign contfoi ne WI" optia
1rg, dice the interests of poth New Ofle
&C a CIV and Louisiana as a Slate.
- rolIv elected Board is all that the SIC
u, holders REQUIRE, and unless that Is gr'
ed ochaos' may come again. "A Wor
The wise should be sufficient. we
that the Mayor will indulge tor oIce
Ii :. sober second thought"
II would be worse than useless u
q. ,on,nt tn conceal the fact that the an
Of the road are in a critical conou
ding, The interest on s5,ooo,otJh % nv, naia
construction bonds has not oeeh pan
ouoral wears, and the sum now a.
ho,,t $500 900. There is besides
a;daroble amount of floating debt
NrRRAY. r1oss the views and interests OF NJ
80; ore consulted in the future maj
S,lr of The road, that State can i
=, -, f,rtber action under the chart
soon as it becomes apparent tha'
RS IN road will not be- completed TO Aoef
in ten wears from 1891. Wlthih Two
tsSgssa ss sa,s@:j"" os'sa. b i
counsel of the Directorate; cut as
TC lie nillion of dollars will be rec
0f0' - nlace the road in good workinl
lev as far as Canton (206 miles,
ID g 10 Utterly impossib;e to obtain mes
l. ~ aYlote the entire within the tim
i cited by the charter
Alta former election it was unde'
~ tho foreign bondholders sho'
rrrS. represented in the Board. hee1
A1AA1O' agent who represents that lnteres
MY the City Hall ticket we are not az
MI Int it is certainly pertinent 10
: Streets, od W. ,be ofate the road will be
hondholders press for their unPaio
eat. Another default of paymen
1ssd to q foreclosure, and the ros
, less into IN the hands Of these bondl
for 1.-THE of its original coss.
D. case Mississippi would prooooiy o.
the charter and privileges IN eonse
~ the non completion of the
ed au adhi- Aberdeen within the specified tln
80 these matters are worthy OF oein Z
IL" rendered in this Connection; -,
hat the parties most directly I'M
will succeed in bringing oroer
yrights Pills that now presents very chaotic
arce.-[N. 0. Times.
M BoraS, -. ronorted that Captain Is. J