Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1868-09-19
The Texas Central Railroad.

AhN AthaH NNhtAaA AtAtfAAH Aas
Il viii ls sssa ihsi IA c.nssniien las
fassel a dss,aFaiisa sTaliiag rslisf - ne
Texas CsniTll haiiFesi cannanF, a-ihsF-
iEiEs lAs esliP' q ihs First Msr sage
Esli Beads ~ he esaFaRF, hssTing Tsr
ssai, iaisTssi sssfsns ia lisa n he AsH1s
asx ios he STATS.
Ne fhi il iAs PrseseliaEs Il ne osA-
FsliisH The fsllssiHg aeslsaiisa "a tie
sstiesi illssiasei b. he ceaHi,iss "a
lateral lnpFsEfnsnis. NAisA Ne pFssuns
Is The sass ss pessea,
Ne R0si eaRitss ear Surprise Al sssing
The PTeFlsiea expressed ia The lAiEl eco,
ilsa u tie deslaaiien, We imaginsd,
that sAsFs vas no nsesssliy for aug as,len
81 the censsnsisn, a. he Legislators, a.
u lie lssai,ea Il lie reaii Ne ihsuEh,
hat vas dsfails.y settled By lie sHaei-
Hsns q tie Legislature Of 1879, his
nsy net mass any dssssiioa fesn lhs sea-
sFal Teais as ssgzisFly namsl, Ia. We saala
see ne nsssssiiy foF sash ''dsslaIaiioa,'
We have every FssssH 10 believe nor
that tie souPany has ebialasi tie desired
legislation, that Il viii 50 HomP',y 10
HoEk and e..a..s,s lsfs.s lie rad, 80 HAT
all may kaeH NAs0s i e 10 gei aad that
Nhsn loeagsi Tie road al. he halli prslapi,
y. Ne believe ,hss sl,h tie legislation
aeN eblalasi, ntass can be had 10 build
The read, Ul,h'a tWo ysaFs AL tie way 10
Red River, aId Nc sgusl, 9os the lnieges.
Of the people, as ssl! as the company, that
Z Il will be ione.
TAs follow ing Is the ''dsslaTaslon" Of ,hs
Convention;
Declaration respecting tho Central
aud Washington County RAILROAD
Company.
Whereas, tho Houston and Texas
Central Railway Company has DO.
come the owner, by purchase, Of tho
Washington County Railroad; and
whereas the said Houston and Tex.
as Central Railway Company and
the Washington County Railway
Company are indebted to the State
Of Texas for sums borrowed from
the Special School Fund; and |
whereas the said Houston and Tex.
rs Central Railway Company is
DESTROYS to extend the Washington |
County Branch 10 the city Of Aus. 1
tin rs soon IS il can be done, and to .
build their main trunk to Rod River
in the shortest time possible and /
upon the best ground. ard TO strike
said river at such point rs will ena-
bio said company TO form q connec.
ton with any railroad that may be
built Southwark from Kansas or
Missouri to Red river; and where
as the ability of said company to
build said main trunk and branch
roads would DC greatly Increased by
the consent Of the State to exchange
the six per cent. bonds of said com
panies now held by the State for the
seven per cent interest gold bearing
bonds of said Houston and Texas
Central Railway Company, issued
by virtue Of deed of trust eXecu-
ted by said company on the LIST day
of July, A. D. 1866, in which deed
Of trust Shepherd Knapp and Da
vid S. Dodge, Of the city Of New
York, are named (and have accept
ed) as trustees and whereas, it is
believed that such exchange can be
made without in any manner en-
eiongoring- tire prrus-it,- o. u o-sahanl
Fund:
Therefore, DO it declared by the
people of Texas in Convention as
scmbled, That the Washington
County Railroad is hereby made,
and declared to be, a branch Of tho
Houston and Texas Central Rail-
road, and shall henccforth be known
and called the Western Branch of
the Houston and Texas Central
and shall be controlled and
by the said Houston and
Texas Central Railway Company;
and the Houston and Texas Central
Railway Company shall have the
right to extend the said Western
Branch of their road from the town
of Brennan, in Washington county.
to the city of Austin, in Travis
county, by the most eligible route,
rs near an air line as may be prac-
ticable.
Sec. 2. For the whole amount of I
and interest due to the
State by the said Houston and Tex
as Central Railway Company, and
the Washington County Railway :
Company, on the first day of July,
A. ID. 1868, including the sums paid
by each of said companies in the
Treasury warrants or bonds of The
State, the Provisional Governor :
shall accept, from the Houston and
Texas Central Railway Company, :
the seven per cent. land grant,
sinking fund first mortgage, gold
bearing bonds Of said company. :
which said bonds are issued or TO :
be issued by virtue Ola deed OF
rust executed by said company on i
.he first day of July, A. d. 1866, in a
which deed of trust Shepher Knapp n
ind David S. Dodge, Of the city Of
New York, are trustees and the +,
Governor shall, after making the
Exchange, cancel and deliver TO said :
tho six per cent. bonds of
he Houston and Texas Central
Galway Company, and of the
County Railway Com A
ANY, now held by the State for G
ums borrowed of the Special School n
fund and the exchange Of bonds
nd settlement herein provided for :
hall be made at any time between
he passage Of this declaration and 7
he fsst day Of December, A. ID.
SOS; Provided, that the said Hous-
On and Texas Central Railway
'ompany shall never Issue an
mount of the said seven per cent
~ . o1.r.-o f1orrr, InsI 10 qrf.QaI