New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-07-25
NEW ORLEANS. oPELOUsAs, AMI
GREAT WESTERN RAILROAD,

oNAAA " ApALnN hAlLhOhDs
OFFICE N. O., o., AND G. W. RAILROAD Co.,
New Orleans June 8, 1868. !
The New Orleans, opelousas. and Great Western
Railroad Company, desiring that a connection shall
be formed between their present terminus at Der.
wick's Bay and the Houston and New Orleans Rail.
read, which terminates at the Sabine rverand which
when completed the distance being l63 miles will
connect New Orleans with almost the entire railroad
system of Texas. The President and Directors of
said Company, therefore, propose to such party or
parties may undertake to ELL up such gap. the fol
lowing terms and conditions, to witt
l. WIN lease the right of way and the franchises
now possessed by said company from their present
terminus at Berwicks 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 Vermilionville to
the Sabine River at or near Orange, the same hav.
ing been already located by resolution Of the Board
of Directors. The distance between these points is
one hundred miles. The company reseryng to it
self the right OF way and transportation on payment
of proportionate freights and passage money from
the present terminus of the road to any extension
towards Opeousas of its road beyond Yermillion.
vile.
p The said lease to continue for term of years to
be agreed upon between the company and the
lessees At the end of the lease the property to be
valued by disnterested parties, the railroad compa-
ny select three and the Iessees three the two,
need be, to call in umpire whose decision will be
final The railroad company reserving the right to
purchase said property such valuation, but if not
then promptly paid for by said company, the lease to
be extended for further term of years, and so on
until finally purchased and paid for by said New Or
leans opelousas, and Great Western Railroad Com
pany. The grading already made between Berwick's
Bay and Vermillionville to be valued by competent
engineers at the time of entering into contract,
but not to be paid orby lessess until the end of the
lease herein provided for.
3. The parties leasing to obligate themselves to
connect with other railroad which might here.
after be built terminating the city OF New
Orleans and further obligating themselves to do
act which will infringe the rights under
the present charter of said company, and
also to hold said company harmless
again st any loss which might result from acts
mitted that portion of road now proposed to be-
leased.
A. Should the lessees succeed in obtaining land
grant on the line of railroad beyond Berwick's Bay
it will be and remain the property OF said leSsees
this company claiming none of its benefits, and
mourning no portion of the responsibility attend
ing it.
s. Transportation to be furnished said lessees over
the company'5 road as follows viz;
The President, Directors, and officers of the road
including engineers, superntendents. road masters
and bridge builders free of charge. Transportation
of laborers going out to be charged one.third the
regular fare. Provisions and supplies to be charged
one-half of regular rates Material other than iron
and crossties to be charged one-haf of regular
rates. Iron to be charged one dollar per ton, and
cros5ties df any fifteen cents each Lessees to load
and unload the cars.
& The road thus to he built shall be a frst.class
railroad in every respect. The guage to be the same
as the company's road-say five feet six inches. The
iron used not to be less than fifty eight pounds per
yard.
l. The said les'ees to oohsate themselves 10 com
menoe said road "i'hi" TOUR months ana nave
finished and in running order 70 the SABINE
river connecting with the Houston road at or near
Orange, within three years from Date oil signing 'ne
lease
8. In order to insure the faithful performance OF
the contract the lessee viii De required 10
execute bond to an amount and Win COCO ana
satisfactory security to the satisfaction Oh the board
of Directors.
9. The Company reserves 'ne rsn' 10 reject any
and all bids
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