The Van Buren press., 1866-12-28
RAILROAD MEETING.
Little Rock aud Fort Smith Cal lroad
r Company.

stockholders OF the Little kock auI III.
Smith Railroad Company was held at
their Office in this city OH the 18th inst,
for the election of Directors for the en-
suing year; and also to take action upon
the proposed consolidation of their com
pany with the Memphis aud Little Rock
Railroad Company. I.,
The following named gentlemen were
elected Directors, each one having receiv-
cd 4O6G votes: n
CHARLES G.. ScoTr Of Pulaski county;
ANDERSON GORDON of Conway county
DAVID WEST and j. L. SuIXN Of Pope
county; MoREUA RosI and +. |. BaTsoN
of Johnson county; j. j. WALKER of
Franklin county; JESSE Turner, \. j.
WARD, RICHARD TnRusroN, JonN Bos-
TICK, S. NJ HAYS, d c. WILLIAMS, W. +.
ENGLAND, j. B. OGDEN, an. HARVEY
STEWART, of Crawfordcounty; and w. L.
CABrLL and Jony KING Of Sebastian
county.
The polls for the voting upon the
question Of consolidation were continued
opened on the 18th, so rs to allow a full
expression OH the subject, as it was un-
dcrstood that other stockholders would
likely be present on that day.
The following is the result of the vote
For consolidation I,lJ0; against con =
solidation l,5o0. Majority in favor of
consolidation $3.50. el .r
Should the stockholders Of the Mem.
phis and Little Rock Company ratify the
proposed consolidation, the consolida.
ted company will be known as the Cen
tral Pacific Railroad Company. And we
may reasonably expect to have a railroad
to Van Buren, by the time specified.
The following officers were elected by
the new Board of Directors, which met
and organized on the 18th. Jesse Tur-
ncr, President; a. j. Wsss.lment Dr lsi.
SmInr1;,, ;e,aa; y; II. 4 EbirectoTs in thsaqy on T..
dated companies, to be hereafter known
rs the Central Pacific Railroad Company,
viz: Jesse Turner, C. G. Scott, NJ Rose
and A. j. Ward. ~ La. .... ...I
We publish in this issue the agreement
between the two companies, for the in,
formation Of our readers, ana our people
generally. n
THESE ARTICLES OF AGREEMENT, enter
ell into, by and between the Mmphis and
Little Rock Railroad Company and the
Little Rock and Fort Smith Railroad Com
pdny.
WIrNEsSErn: That whereas, BY an act
of the Legislature Of the State of Arkan
sas, approved FEBRUARY Sth, 1859, it was
provided that it should be lawful for the
Memphis and Little Rock Railroad Com
pany, and the Little Rock and Fort Smith
Railroad Company, to unite and consoli.
date said companies into one company,
on such terms as a majority Of the Board
OF Directors Of each of said companies
might agree, and when so united, shall be
known by the name Of the Central Pacific
Railroad Company, and have, and enjoy
all the rights, benefits, franchises and
lmmunities which both, or either, Of said
companies then possessed by law. and
none other And whereas, the prelimna
ry negotiations for said consolidation
have been made between said companies,
and said Little Rock and Fort Smith
Railroad Company have appointed Jesse
Turner, Charles G. Scott and Moreau
Rose, and the Memphis and Little Rock
Railroad Company have appointed John
Robertson and Samuel w. Williams. to
negotiate the terms and details of said
Now, THEREFORE,, 1t is agreed between
said companies, pursuant to the powers
aforesaid, as follows, to-wit:
Article |. The Memphis and Little
Rock. and Little Rock and Fort Smith
Railroad Companies, are hereby consoli-
dated into one company, by the name of
the Central Pacific Railroad Company,
both companies hereby accepting and
continuing all the rights, privileges and
franchises heretofore granted by their
respective charters, 80 far as they are
consistent with the consolidation aforc.
said. EH'l.
Article ?. All the stockholders in the
Memphis and Little Rock, and Little
Rock and Fort Smith Railroad Compan
les, ssevcrally are, and shall be deemed,
stockholders In the Central Pacific Bal.
road Company, and to that end, twenty.
five (2o) dollars Of stock shall be deemed
and considered one share, and entitled to
ono vote, as provided in the charter OF
the Little Rock and Fort Smith Railroad
Company.
Article 3. All debts and liabilities due
to. or by, either company, shall be deem
cd the debt and liabilities of said Central
Pacific Railroad Company, and all prop
erty. real, personal or mixed, belonging