Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1867-12-06
THE EDGEFIELD AND KEN
TUCKY RAILROAD.

Hts Present Condition and Prospects
The Contract with Ghe Evansville.
Henderson and Nashville ROad-An-
other Great Trunk line Between dhe
North and the S0uGh-IegIsIaffV e
Report.
Col. Prosser, chairman Of the special
committee appointed by the House 10 in
vestigate the matter arising out of a resolu-
ton which passed the House relating to
the Edgefeld and Kentucky and Evans
Vile, Henderson and Nashville railroads,
made the following report on Wednesday,
The 4th instant
Mr.. SPEAKER; The special committee
90 whom was referred House resolution No.
l04, viz: Whereas, The Superintendent OF
| the Edgefeld and Kentucky Railroad
Company is reported 10 be using the en-
gines and rolling stock Of that road upon
the track of the Evansville, Henderson
and Nashville railroad, and generally Civ
ing the use of the property Of the State OF
Tennessee to forward the interests of a
railroad in Kentucky, Be it resolved by
| the House Of Representatives, That a COM
mittee. of three he appointed to investigate
the use made Of the rolling stock Of the
Edgefeld and Kentucky railroad, and also
how and what compensation, if any, is
made to the State of Tennessee for the use
| of her property, and also by what Authority
| il is done, beg leave TO report as follows
viz: They have diligently investigated into
the affairs Of the said railroads, and upon
examination of the officers Of the same
| they find that they are operated and man.
aged under and by virtue of the following
contract, made November4 4, 1867 and ap,
proved by the Governor of the State o.
| Tennessee, viz:
NASHVILLE, Nov. 4th, 1867.-In order
TO economic in the running and operating
| Of the Edgefeld and Kentucky railroad
and the Evansville, Henderson and Nash.
vile railroad, and promote the interest o.
the two roads and of the State of Tennes.
see, and as far as practicable to enable the
Edgelield and Kentucky railroad to pay
the interest on the loan from the State o.
| Tennessee, the following arrangement and
agreement is made, subject to the approval
Of the Governor Of Tennessee, and to be
changed, modified or annulled by the Gov.
ernor, if deemed by him to the interest o
the Stale OF tennessee:
lst. All monies and receipts arising
from the road from the State line to Nash,
Vile, are TO be paid and accounted for t.
the Receiver of the 4ldgefeld and Ken
tucky railroad, who is responsible and ac'
countable for the same TO the State o
Tennessee. The Superintendent shal
cause the officers appointed from time tc
time to pay over to the Receiver al
monies received, weekly or daily, as hC
may direct
I'd. The Chief Engineer and Superin
tendent of the Evansville, Henderson anC
Nashville railroad, is hereby made ant
shall be from and after the 18th of No
vember, 1867, the Superintendent of tn
two roads, which shall be run and operatet
as one road, the said Engineer and Superin
indent shall be the Engineer and Superin
tendent of each and both roads, wit
power TO appoint and remove any assist
ant and all other officers necessar
in the operating management {
the road, and shall be responsible
for such officers for their faithful perform
ance of their duty, and shall account t
| the Receiver for all monies received c
expended in operating said road, an
| keeping the same and all.rolling stock an
machinery in repair.
3rd. A correct and strict account of I'll
business Of each road shall be kept by ii
Superintendent, or under his direction,
the accurate expenses, gross receipts, an
net earnings of each road and the smoul
earned by each road shall be paid ar
returned to the respective roads, or to Il
Receiver Of the one and the Treasurer
the other. A monthly report or balant
sheet shall be made TO the Receiver al
10 the Governor of the State, or such ofic
as he directs, showing the receipts, e
, penses and net earnings and amounts pa
: over to the Receiver, and the dispositiC
made of all monies and funds received
him. The first report shall be made
the 18th Of January, 1868, of the busine
: to the first of the month, aud on the 10
! day of each month thereafter.
, 4th. No monies arising from the bu.
= ness Of the road are to be expended 10y q
q | Superintendent except for ordinary e
' penses in operating the road, except
!. the approval Of the Receiver.
' 9th. Where either one of the comp
4 nies shall furnish rolling stock viii,
shall pass over the road of the oth'
two cents per mile wheelsge shall
charged and paid, and the freights &C
lected be divided between the comp
nies equally, in proportion TO the leng
of their roads respectively. In case eth
road uses the rolling stock and ca
Of the other road for transportation Of p5
sengers, such compensation shall be re
dered as is equitable and Just, and receiT
I, from passengers he divided eqnitably 4
/ cording to the distance transported Overt {
,, roads respectively.
/, 9th. Thomas Hassard is hereby appoiI
ed Engineer and Superintendent of the "a
Edgefeld and Kentucky railroad, and
Evansville, Henderson and Nashville ra
road, TO take effect from and after the II
day of November. 1867.
9TH. This agreement and arrangemt
Cor the consolidated operating of the Z Il
he field and Kentucky railroad and the Eval
~ Vile, Henderson and Nashville railro'
,d may be annulled and set aside by the &c
ernor Of Tennessee, or by the EvansviI
A. Henderson and Nashville Railroad Co
nv pany, whenever either party may find
q, same is not fairly and honestly manal
.s and carried out; and the same may
m modified and altered by the parties if
same il found TO operate any injustice
wrong 10 one or the other.
Il. B. CHEArHAM,
Receiver T. and X. h. f
10 J. f. BOYLE,
Pres. f., H. and N. Il. +
Executive OFFICE NASHVILLE, n
4. 1851 have examined and approx
es- and ratify the foregoing arrangement
ns agreement w. q. BRowNLow,
'uF Governor of Tennessee
m They further find that extension of
ON Edge6eld and Kentucky railroad is be
as rapidly prosecuted in the direction of
coal fields Of Kentucky and the Ohio riy
that about ten miles of the track is alre
completed from the State line in the di
tion of Hopkinsvila; that the Receiver
10 the Edge6eld and Kentucky railroad
10 a contract for delivering ties along
~, route Of the said extension with the c
an, tractors Of the said road; also, that ur
/. 70 special contract and agreement,
ans Evansville, Henderson and Nashv
res Railroad Company are using an en-!
,di- temporarily upon said extension, for wi
on. use Of said engine the State of Tennessee
in. To- be paid just and equitable compel
are ton; that no use Ia beiug made OF
rolling stock Of the Edgefeld and Il
q, tuckv railroad, bat for which the said