New Orleans Republican., 1868-08-05
NEW ORLEANS. OPELOusAs. AND
GREAT WESTERN RAILROAD.

GREAT WESTERN RAILROAD.
OFFICE N. o.. o.. AND G W. RAnRoAp Co.,
NeS Orleans, June 6, lebS.
The New orleans. opelousas. and Great Western
Railroad Company. desiring that connection shal
be formed between their present terminus at Ber
wick's Bag and the Houston and New Orleans Kali
road which terminates at the Sabine river and which
when completed (the distance being lSJ niles will
connect New Orleans with almost the entire railroad
| system of Texas The President and Directors of
said COMPANY, therefore, propose 10 such party or
parties as undertake to fill up such gap the fol
lowing terms and conditions to wit;
l. VIII lease the right Of way and the franchises
now possessed by sAid company from their present
terminus at Berwichs Bay to the town of vermil
lionvile, the grading OF which is almost entirely
completed for these sixty three miles, and will, at
the same time, lease the right under their charter,
to build the branch railroad from Vermilonville to
the Sabine River, at or Orange, the same hav-
ing been already located BY resolution of the Board
of Directors The distance between these points is
one hundred mules. The company reservng to it
self tie right of and transportation on pay nent
of prOportionate freights and passage money from
the present terminus of the road to any extension
towards Opelousas of its road beyond vermilon-
| vile.
g. Thss lease to continue for term OF years to
be agreed upon between tue company and the
lessees At the end of the lease the property to be
valued by dlsnterested pAStes the railroad cOmpa-
to select three and the lessees three. the tvo
need be- to call in umpire whose decision will be
| hnal The railroad company reserving the right to
purchase said property at such valuation, but if not
then promptly paid for By said company the lease to
be extended for further term of years, and go on
until fnally purchased and paid for by said New Or
leans, opelousas and Great Western Railroad Com
pany. The grading already made between Berwiek's
Bay and VermiRonville to be valued by competent
engineers at the time of entering into contract
but not to be paid by until the end OF the
lease herein provided for.
3. The parties leasing to obligate themselves to
connect with no other railroad which might here
after be built terminating ator the city of New
Orleans, and further ObgAting themselves to do no
act which will infringe the rights under
the present charter of said company, and
also to hold said company harmless
against any loss which might result from acts com
mittsd on that portion of road now proposed to be.
leased
4 Should the lessees succeed in obtaining land
grant on the line of railroad beyond Berwcks Bay.
it will be and remain the property Of said lessees,
this company claiming none of its benefits, and
incurring portion of the responsibility attend
| ing it.
Transportation to be furnished said Isssees over
the oompanys road. as follows viz.
The President Directors. and officers of the road,
including engineers. superintendents road masters,
and brid-e builders free Of ehAggs. Transportation
of laborers going out to be charged one-third the
regular fare Provisions and supplies to be charged
onshaR of regular rates. Material, other than iron
and crosstes, to be charged one-haf Of regular
rates. Iron to be charged one dollar per ton. and
orossties f any fifteen cents each Lessees to load
and unload the cars.
6. The road thus 10 be built shall be a hrst.cIass
railroad in every respect The Euage to be the same
as the company's road-say Eve feet SIX inches The
iron used not to be less than hftyeght pounds per
yard.
T. The said lessses TO Obligate themselves to COM
msnce said road within four months. and have it
finished and in running order 10 the Sabine
river connecting with the Houston road at or near
Orange within three years from date of signing the
lease.
g. In order to insure the faithful performance oi
| the contract the lessee viii be required "a
execute bond to an amount. and with good and
satisfactory security the satisfaction Of the Board
Of Directors.
9. The Company reserves the right to reject aug
and all bids
Another proposition, anS for which proposals arc
also invited TO lease the road including depOts
stations, rolling stock etc. from Agisrs. opposite
New Orleans, TO BrashsAr Oity. including The fran
Ohisss Of the Company beyond to Texas under tbs
following conditions;
10. That the party Or parties proposing to lease
shall state the loast number Of years he q
they viii lease tho road. on the following con
ditions;
The accrued interest to October l. 1858, on the
mortgage bonds tsaid bonds maturing in lssa. to be
provided for BY the lessee.
q The semi annual intsrss. on same bonds. sceru
snsysarlg after data ana payable on the arst dass
Of April and October OF each year. say s1so.ooO PEI
aanun. to be sIsO provided for b5 said lease.
4 The road 70 be buis orsr the ropts from Bsr
wish's tsNs~ IssHsi ,hssss v a poias Al q