Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1868-12-08
KI,SIssIrrI BIYrR RinROAp.
letter from the Fre iaeRt Of
the Company.
wbathas been Done and May bc.

Editors Memphis Appeal
The Mississippi RIVER railroad wa
chartered by the Tennessee and Kan
lucky legislatures 10 tbs year 1878 The
charter covered the route from Iemphi'
nOrthwsrd through The river c)Untissi
10 the general direction Of Cairo, hu
passing through The county sea : Of eGct
o0unty-CoviugtOn, Ripley Dyersburg,
Troy, etc. The company was immedi-
ately organized, over $685. Geo oi suot
Wss subscribed, and survey Of the sntiTs
line we're made, an spproxin1ste location
Fixed upon, and profile apd estimate 60
cost prepared. This preliminary WorE
must have cJst over $4,000.
The civil war eusued and put 3 etop to
the operations o. the cOmpaBy. During
the war the subscription hooks in the
several countiss We're mes j. lOsf, ins r.
cords OF the office IN Memphis, exeep'
minutes aud surveys, were mlalstd VI
destroy d, snd the charter itsslf expired
by limitation As soon as the war wa
over I determined 10 devote myself 10
the revival Of this road. ! put myself 81
oncs in communication with It's origins
friends, called q meeting of the Ole stock
holders. and at C0vlUgtOD r~eOrganizad
the company By the election Ufa BJard
Il Directors, choosing in the Board tns
Did President ard what other former
members OF the Board we could hud inst
would serve. I Wes chosen President Of
the Board ia this reorganization.
I had previously set on loot the nsces-
sary measures to regain our charter, and
promptly succeeded not Only "a having
our charter revived il al is
parts, but also obtained frona the
Legislature what the road had never pre-
y!ousiy been able to get, tO-Tit : $4,000
3 mile for the purchase Of / on rails, aud
S209,O00 for bridge money. II our rosd
goes to tue Kentucky State line, the
amount of aid for rails viii be about
3, l50, 600; for bridges, $500 Coos total,
81, $50. 600.
The Lev Board Of Directors, after eZ-
aiming into the condition OF the OTlsi-
bal stock, finding the books OF sGbscrip-
ton in many eases lost, the subscribers
themselves 10 other cases ruined By The
var, st once Te-Oiv6d unanimously that
good policy forbade the attempt to claim
stock payments except from those per
sous VINO might voluntarily choose TO re
new their subscriptions. This pus upon
the President the duty OF recognising
for stock, which has been done 10 the eX
tent Of keeping the enterprise ia vigof-
Gus sXistehce, Until the people OF Mem
phis and along the lac OF the PROPOSED
railroad should sufficiently recover fcum
the disasters OF the War aad su0st qgent
financial depression, 10 be able 10 take
hoid Of the EGEE 10 earnest. Ia the
meanwhile, that no tiDe might DO lost,
further valuable Legislation was Obt,lined
and can confidently say that nov 60
railroad in the country mas 3 more favor
a 49, - So haeraH nr.nGrun fn@ the
immediate prosecution .! TurE uud5rlt
than Is the charter of our railroad.
Since the original giant Of cur charter,
the ely OF Padueal has advanced al
enterprise that comsS to hayea most i'm
Doytsnt bearing on 5Cr road Pa5uGsn
mas puzzled 3 rsiirOad dovn in The direc-
ton OF Memphis shout sixty hres
miles. s.rikiug the EObile ans Ohi0
Rsiiroad at Troy station, the P1iuCah
e ed Is within Xix miles OF Troy, C. pJiut
on our line Under the Charter Of the
Mississippi r yer Railroad We are em-
pgVgred 10 build branches" % c1Rueot
with auy other road that re may deem
advisable. IL vas sppsTeDt that q
branch from L line ~ Troy, 20 c0nueo'
with the P4dUcsh r isd, you'd const-
tute an almost sir line rnsd between the
OF Memphis and Fadlczh That
connection was Immediately determined
surveys have been clmpietsd, aud q
made. We expect, 10 s. few
weeks, to begin on that portion uf cur
-pad. Active exertioHs eTs making e.
subscriptions 70 put the road uSdcT
from Troy station to Dyersburg,
q distance Of S little over thirty 4l!es.
The rOsd from Memphis TO Troy sta
ton vill be only about ous hundred
long. II We get It under Cnuir>c
to Eyers5uTg, ss We arc e~uGesvori1g to
30. &c is aiEaost one-third Of tns So tire
to De built Tbs County G mmis
siOusrs Of Shelby county ara ~suthDrzsI
% subscribe euuugb stock 70 grade tdr
road through shelby O UNITY aoi prepare
Il f0s the rails. the Gem Diss'0ueTs fully I
orr position sBd prospects.
and have prom ssa &c aii u jail s. ,Ou
thc county fuances viii Eermir, which
hons will b. a 'eW months heBs6. IA
Upton county / have obtained i1divldUa
.uuscripu0us 10 the amount Of shout
s5I COO, st which point / ceased canvass
.og because Of tHe Ptcuuisrg pressure
Of last fall and ~FintsY, ! have not EOu-
1led the people OF 81 Dpnjs 9th our en-
Up 90 this day, because knew
hey would oItCdys he ready 10 do their
NIL duty whenever I could present them
with q feasible programme fJr bui ding
sur road. Hence il is that 50 ieV Il
hem are possessed with full particulars
II our enterprise, and Of the exceedingly /
important work thet has been done ~
lis behalf during the past three years.
With regard to the probable cost Of
~oao 20 Troy station, for that may
Be assumed 81 oBSa IS, for some years Al
east. he northern teFRsiuGsi, l submit
the following recent estimate o. -caE
chief engineer-t.Sse estimates being Tor
The pFepsratioa 0i'ths losd bed for the
IRON rails