The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1868-10-23
OUR RAILROAD-THE SITUATION.

Under the above heading the Bur-
lington Patriot gives the object and re-
suit of the two railroad meetings held
here in the interest of the Neosho VAL
! ley road, few days since. We tried to
get some particulars heretofore but have
been unable to do so. Mr.. Prouty, it
will be remembered, is one of the Di-
rectors, and speaks by the card.
We had an article in our last weeks
issue on the prospects of our railroad,
which was concluded by stating that we
should probably recur to the subject
| this week. Since writing that article
we have spent four more days in attend
ing another meeting of the Directors at
Emporia, and we now will briefly state
the status of things concerning the rail-
road.
The Beach contract, which was let by
the Directors i'll August of last year, to
A. f. Beach and others, has been trans
| ferred to the 'Nationaf Land Grant
Railway and Trust Company" which is
composed of some of the heaviest and
most responsible capitalists of New
York city. Four members of that Com
pany, consisting of Messrs. Judge Levi
Parsons, Robinson, Root and Willis
| GAYLORD, were ut Emporia last week,
and had conference with a portion of
our Board of Directors, and they de-
manded a majority of our Directors,
and the President and Secretary, to be
composed of gentlemen living in New
Y DIRK, ere they would promise to per-
form the work stipulated by the con-
tract. This demand was stoutly resist
ed and refused to be acceded to by the
| Directors. The contracting delegation
then stated that they would be content
with the President and Secretary and
three Directors, (the President to be
DirectOr.) After some consultation
it was agreed by the Directors
to give the contractors the Pres
ident and Secretary, and to defer
the consideration of the matter of the
other three Directors until assembling
the regularly-called meeting of the Di-
rectors, which was to take place on the
l4th, whereupon j. b. Dickinson, Pres
ident of the 10th National Bank of New
York, was elected Director and Presi-
| dent and q. &. Clark, of the firm of
CLARK, Dodge & Co., n. Y, was elected
/ Secretary.
On Wednesday of the present week,
the Directors had another meeting. The
results, of their action are, that Gen. j.
| w. Mcmillan and Lieut.. /. w. Dow,
have withdrawn from the Directory,
and their places have been filled by Mr..
j. b. Dickinson and Judge Levi Par
sons, of New Y ork-making tlcO Dircc-
| tors that have been given to the con-
| tractOrs-and one more Director is
promised them, provided they will bind
themselves to forfeit the contract if they
do not have a railroad bridge construct
| ed across the Kansas river at Junction
city, and the grading for the road COM
pleted through Davis county by the 10th
of next May; and another Director is
promised them if they build the road
| TO Council Grove by the 18th of next
October. Thaddeus III. Walker and
/ Col. IL. F. Hale were appointed COM
| mittee to confer with the contractors,
and to carry out the will of the Direct
ors.
| 1t is believed that these concessions
will be satisfactory to the contractors.
| We shall know within a month proba-
bly,, whether there is to be any more de-
lay with the work on the road or not.
| We are of the opinion that the work
will move to the satisfaction of all. The
contractors are men of well known abil-
| ify, and their responsibility and integ-
rity are endorsed by Senator Pomeroy.
| The Directors haye no object in view
| but the building of the road. TheyWOuld
all cheerfully resign if such action
would insure the roads construction.
/ 1t is deemed advisable to retain the
| control OF the franchises ana subsidies
of the Company in the Valley until
Ienough of the road is built TO guaranty
the building of the whole. To give the
contractors the control of the Company
now would be suicidal act.
The Directors are spending literally
of their time and means to insure the
building of the road, and whether they
are acting judiciously or not, the pub
lie must understand that if errors are
being made, they proceed from the
| head, not the heart