New Orleans Republican., 1868-08-04
NEW ORLEANS. OpELoUsAs, AND
GREAT WESTERN RAILROAD,

GREAT WESTERN RAILROAD.
oFTCE N. o.. o., AND G. W. RAILROAD Co,
NeT Orleans, June 6, 1858.
The New Orleans opelousas, and Great Western
Railroad Company, desiring that connection shal
| be formed between their present terminus at Ber
wick's Bay and the Houston and New Orleans Rail
roadwhich terminates at the Sabine river and which
when completed tthe distance being 1913 niles 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 may undertake ill up such gap the fol
| lowing terms and conditions to wit:
I. VII 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-
lonyile, the grading OF which is almost entirely
completed for these sixty three miles, and will, at
thesams time, lease the right undor their charter.
to build the branch railroad from Vermillionve to
the Sabine River, at or near Orange, the same hay-
ing been already located by resolution OF the Board
Of Directors. The distance between these points is
one hundred miles The company rsseryiug 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 opelousas of its road boyoud vermilion.
Vile.
o. The lease to continue for term Of years to
be agreed upon between tpo company and the
essees At the end OF the lease the property to be
valued by disnterested parties the railroad oompa-
ny to select three and the iesseos three the two if
need be- to cali in umpire whose decision will be
final. The railroad company reserying the right to
purchase said property at 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 aud paid for BY said New Or
leans, opeousas and Great Western Railroad Com
pany The grading already ma do between Berwick's
Bay and yermIHonvilie to be valued by,oompetent
engineers ut the time of entering iatoa contract,
but not to be paid by lessees until the end of the
lease herein provided for.
p The parties leasing to obligate themselves to
connect with no other railroad which might here.
after be built terminating at or near the city of New
Orleans, and further oblRSting 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 be-
leased
4 Should the lessoes succeed in obtaining land
grant on the line of railroad beyond Borwicks Bay,
it viii be and remain the prope'y Of said essees,
this company claiming none of its benefits. and
incurring portion Of the responsibility attend
ing it.
Transportation to be furnished said lessees over
the company road, as follows, viz
The President, Directors and officers Of the road,
including engineers superintendents. 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-haH of regular rates Material. other than iron
and orossties, to be charged one half of regular
rates. Iron to be charged one dollar per ton, and
orosstiss f any fifteen cents each Lessees to load
and unload the cars.
G. The road thus to be built shall be hrstclaas
railroad in every respect. The guage to be the same
as the company road-say five feet six inches The
iron used not to be less than Hfty.eght pounds per
yard.
Ths said lesises to Oblisate themselves to com.
msnee said road within four months, and have it
finished and in running order to the Sabine
river, connecting with the Houston road at or near
Orange, within three years from date OF signing the
lease
8, In ordsr to insure the faithful performance Of
the contract the lessee viii be required tc
execute bond to an amount and with good aad
satisfactory security to the satisfaction of the Board
Of Directors.
3 The Company reserves the right 10 reject any
and al bids.
Another proposition. aud for which proposals are
also invited is to lease the road, including depots
stations. rolling stock, etc. from Alsiers opposite
New orIsAus, to BrAshosr CITY, including the fran
ohiaes Of the Company beyond to Texas. under the
following eonditions
10 That the party Or parties proposing to lesss
shaIl state the least number Of years he or
they viii lease tho road. on tho following con.
ditions;
q The accrued interest to October /, 1883. on tis
mortgage bonds tsaid bonds maturing in 1850. to be
provided for BY the lessee
3. The semi-annnaiinterss on saus bonds. accru-
insssary after date. and payable on the first days
Of April sud October Of each year. Say $4,000 per
snnna. 70 be also provided for By sasd lease.
4 The road . bs balt ever tho route from Be-
viehs Bay 70 Nsw Ibsrlsi thence % point At or