New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-07-26
NEW ORLEANS, oPELoUsAs, AND
GREAT WESTERN RAILROAD.

GREAT WESTERN RAILROAD,
OFFICE N. O., O.. AND G. W. RAIIRoAD Co.
NeS Orleans june {, 1865.
The New orleans opeIousas and Great Western
Railroad Company, desiring that connection shall
be formed between their present terminus at Der.
wick's Bay and the Houston and New Orleans Rail.
road,whch terminates at the Sabine river and which
when completed the distance being 1853 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 as undertake to fill up such gap, the fol
lowing terms and conditions, to wit
l. VIII lease the right of way and the franchises
now possessed by said company from their present
terminus at Berwick's Bay to the town of vermil-
iOnville, the grading of which is almost entirely
completed for these sxty.thre miles and will, at
the same time, lease the right under their charter
to build the branch railroad from Vermillionvile to
the Sabine River, at near Orange, the same hay-
ing been already located by resolution of the Beard
OF Directors The distance between these points is
one hundred miles. The company reserying to it.
self the right of way and trans poration on payment
of proport.onate freigats and passage money fl, N
the present terminus Of the road TO any extensio
towards Opelousas Of its road beyond Vermilicn-
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 disinerested parties, the railroad compa
ny to select three and the lessees three, the two, if
need be- to call in umpire whose decision will be
final. The railroad company reserving the right 10
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 en-
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 Vermillionv!lle to be valued byIeompetent
engineers at the time OF entering into contract
but not to be paid for by esees until the end Of the
lease herein provided for,
,. The parties leasing to obligate themselves to
connect with no other railroad which might here
after be built terminating or near the city Of New
Orleans and further obligatng themselves to do no
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 com
mitted on that portion OF road now proposed to te
leased.
4 Should the lessees succeed in obtaining lane
grant on the line of railroad beyond Berwick Bay
it will be and remain the property of said Iessees
this company claiming none of its benefits, AM
mourning no portion OF the responsibility attend
ingit
s. Transportation to be furnished said Iessees owe
the eompany's road, as follows, viz:
The President, Directors, and officers of the road
including engineers. supsrintendents. road masters
and bridge builders free of charge. Transportation
oflaborers going out to be charged one. third tn
regular fare Provisions and supplies to be CHARGE
onehalf OF regular rates. Material other than irol
and crossties, to be charged one-haf of regula
rates Iron to be charged one dollar per ton, ant
Grossies If any fifteen cents each Lessees to lca'
and unload the cars.
G. The road thus to be built shall be hrst cas
railroad in every respect. The guags to be the sam'
as the company S road-say five feet six inches The
iron used not to be less than fftyeisht pounds pei
yard
7. The said les,ees 10 obligate themselves to com
| mence said road within four months and have i
finished and in running order to the sabin
river, connecting with the Houston road at or nea
Orange, within three years from date Of signing tn
lease
6. In order to insure the faithful performance o
the contract the lessee will be required t
execute bond to an amount, and with good an,
satisfactory security to the satisfaction of the Boar
of Directors.
g. The Company reserves the right to reject an
and all bids.
Another proposition, and for which proposals ar
also invited. isto lease the road including depois
stations, rolling stock, etc, from Algiers, Oppost
New Orleans, to Brashear City, including the fran
ohises of the Company beyond to Texas, under tn
following conditions: .
10. Tha. the party Or parties proposing to leAs
they will lease the road. on the following con
ditions;
= The accrued interest to October l. 1888, on tn
mortgage bOnds. said bonds maturing in 1850, to b
provided for by the lessee
8. The semi annual interes. same bonds, accr'
ingyeary after date, and payable on the first dal
of April aud October of each year, say $4,000 pr
+ snnum to be also provided for by said lease.
4. The road to be built over the route from Be
I wick's Bay to New Iberiai thence to a point At
near vsrmilionvilie thence in westerly directi'
to point on the Sabine river, connecting with Il
7 Houston and Beaumont Road.
! 8. The building of the road 70 be commence
{ within four months after signing the contract
3 lease, to be prosecuted with all dispatch, and
: be fully and finally constructed within thr
/ years from the signing of the lease.
e g. The grading, eulverts, etc, now made beyoI
e Berwiek's Bay to be taken by the lessee at
8 | vai.,tio-, 70 he sscsrtsinad Fv avnsrfs one 10