The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1868-04-25
Highly Important Proposition.

YlOus announcement, Gen. A. M. West,
President Of the Mississippi Central Rail
road Company, addressed n large number of
stockholders of the road at the Court House
in this place. After giving a fun and coin~
Plete history Of the transactions of the OIL
GERS of the company and stating the past
and present condition of the road financially
and otherwise, he laid before the meeting
very important proposition, and which, in
our humble opinion, if acted on and carried
out will be Of untold advantage to the com
Papy, relieve it of all embarrassment, and. in
the course of a few years bring the road
into position that will be commanding and
highly profitable. A large company of CAPT
talists, composed Of gentlemen of expe-
renee, ali of whom are to-day engaged in
perleeting various through routes throughout
the country, and whose lines Of road extend
from and to almost all the leading cities of
the North, East and West, propose to lease
the Central road for a term of sixteen years
and then build the Air line road from Jack
son to the Kentucky State line, erect NAM
moth bridge at Padueab, and thence, by
diverging lines, to reach the great cities of
the North direct II the proposition. pre-
walls, the capitalists agree to pay of the
floating debt now due along the line Of the
Z Central, amounting to SS50,000, pay interest
on all debts bearing interest, and, at the ex
piration- of the lease, to turn the road over
to the company free of debt, and in as good
order as when it was received To do this,
the leases viii have to pay the amount
which the company now owes. Besides this
to show that the proposition has been made
only after careful review Of all the sur
roundings, the capitalists agree to buy up
one and half millions of stock, and thus
2 become permanently interested in the Cen
tral road, and those who desire to dispose of
any portion of their stock can'd do SO by call
ing on Pitser Miller, Esq, who has been en-
powered to make such purchases.
The Central road is too valuable piece
Of property to be neglected or languish for
the want of ready money The war and its
Fresults deprecated the stock of the road to
ten cents; if the lease is effected, in less
than sixteen years the stock will be at par
Because, by that time, or long before, what
is now only a local road, viii form link in
the greatest air line road ever constructed
on earth, one that will reach from the Gulf
to the northern extremity of the distant
State Of Michigan, passing through thirteen
degrees of latitude and possessing every
conceivable advantage. To use the language
Of Cen West, perfect this lease, and in
less than four years from to-day the heated
-axles ola car loaded ia New Orleans can
be bathed in the waters Of the Pacific Ocean,
or cooled of on the limestone bluffs that
.oyerhong the blue lakes Of the North. One
thing is sure: Our people are in no condi.
ton to furnish money for internal improve
ments and as long as the Central is a local
road, Just so long embarrassment viii be her
lot. Give her the connections north, and
she will be power in the land. Therefore,
we say TO our people, sell part of your
stock, lease the road and it will scon be free
of debt Whenever proposition is favor
ably received by the distinguished President
Of the road, it should carry moral weight
sufficient to attract the kindest attentions OIL
all who are deeply interested, for has no no
laboIed with earnestness for the advance
ment of his company No one can say
lhe has not On the 2lst dag of May, 1865
there was but three dollars in the treasury
of the company, engines demolished, in fac
nearly all of the rolling stock wrecked an(
ruined machine shops burned, credit gone
and no money to be had the throes of I
great revolution stir disturbing commercial
affairs Notwithstanding all the adverse cir
cumstances that surrounded the company
its officers, by dint Of labor. never excelled
succeeded in placing the road in serviceabl
condition.
Gen. Trimble, Representative Of the Pa
ducah district in the Congress Of the United
States, who, by accident, was here, as h
was on his way home from Washington, ais,
addressed the meeting, and in eloquen
terms spoke of the great benefits to be de
rived by leasing out the Central road t.
those who we're willing and able to make i
double and TRIBE its value in less than fv
years. He was convinced of the importanc
Of the undertaking, and vouched for tn
character, standing and integrity of the gen
tlemen who desire 70 lease the road. ii
was willing to purchase stock in the Cen
tral, because he was satisfied that In du
course Of time, provided the Arrangement
was perfected with the capitalists, the roa'
would rapidly advanee-and take high groun'
among the monster improvements of th
age.
A meeting Of the stockholders viii tax
place at Water Valley on the ID day Of Mal
next, at which time aud place the PROPOSE
tion to lease the road win be duly cOnsid
cred and acted on. The meeting should b
well attended. and those who cannot 50
shonld arrange it 50 as to vote by proxy
50 important a movement seldom takes
place, aRi the meeting should attract the
attention Of every one who feels an interesi