Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1868-06-13

I vile Railroad Company for 100000
or $500. 600 of the stock Of the Evansville
Henderson and Nashville Railroad com
pany; or that they exchange the one fol
the other.
Il 1t the County Of Davidson will make
sale or exchange Of stock. it will render i'm
portaut and material aid 10 the Evansville
Henderson and Nashville Railroad aud
secure its completion to the coal mines
north OF HopkiHsvile, 80 miles from the
city Of Nashville, this year in time to con-
tribute 10 the supply OF coal TO the city
and county next winter The stock OF the
LSdisville and Nashville Railroad, as that
road is completed and in successful and prof
liable operation, can be sold and the pro-
ceeds used to build the Evansville, Hen
derson and Nashville Railroad, when as
the stock of the Evansville, Henderson and
Nashville Railroad can not noW be used or
sold in the market as it is uncompleted
and in process Of construction.
/ believe this Investment and use of the
stock owDed and held by your county in
the Louisville and Nashville Railroad,
will be a safe, useful and profitable, invest
ment of it.
The incidental profits of the investment,
IA securing access to the coal mines S5 and
| 80 miles from Nashville and establishing a
permanent supply Of coal of the best quail
ity in any quantity required, are incred-
| IDLY large. Your county and city nor con-
sumo about 100000 bushels of coal, and
wood fuel, equivalent to as much more
coal. With coal, in Jumps and blocks, Of
the best quality, delivered at Nashville at
| the price Of 10 to IS cents per
bushel the consumption will greatly
increase and must reach 5000 900 BUSH
els annually. / believe the coal will be
furnished over the Evansville, Henderson
and Nashville railroad, when completed
and fully equipped for the business at from
ten TO fifteen cents, and as soon as open to
the mines at from fifteen to twenty cents
per bushel. feel no doubt because of the
superior quality and quantity of the coal on
the line of the Evansville, Henderson and
Nashville railroad, and the facility with
which it can be mined and loaded, that
within three years from the completion of
the road, more than / ,500,000 bushels an
nually will be supplied to Nashville from
these coal mines over the Evansville, Hen
derson and Nashville railroad. If ii should
supply only 100000 bushels at fifteen
cents, and taking thirty cents per bushel as
the average price for the best coal at Nash
vile, the saving to the people of the city
and county would be $150,000 annually.
Cheap and abundant fuel, of good quail
ity are as essential to the prosperity of a
city and county az cheap food Cheap fuel
is absolutely essential to the growth of
i. - L Al. r.
the prosperity of your city and county.
Cheap freights for your commerce will
be secured by the Evansville, Henderson
and Nashville railroad. 1t creates line of
competition for freights from New YORK
and other cities. 1t diminishes or removes
the power of monopoly in freights. and Sc
cures to Nashville and the county fair and
reasonable freights and this will save many
thousands of dollars annually.
The Evansville, Henderson and Nash
vile railroad not only furnishes a new
outlet to the east, but brings the city in
connection with lakes and the Northwest
by the shortest possible line. 1t secures
business to your city, never before enjoyed,
and will contribute to the profits of the
business of Nashville tens of thousands of
dollars annually. The benefits and adj
vaHtages OF the Evansville, Henderson and
Nashville railroad are too manifold and
palpable to require the statement of them.
BY the proposition as presented, the
county of Davidson will receive the same
amount of stock of the Evansville, Hen
derson and Nashville railroad, as she trans
fers or sells of the Louisville and Nashville
railroad stock. 1t is merely exchanging
the Louisville and Nashville railroad stock
for the Evansville, Henderson and Nash
vile railroad stock, which will, it is be-
lieved, inevitably be of equal value to the
Louisville and Nashville railroad stock
when the Evansville, Henderson and Nash
vile railroad is completed. The Evans
Vile, Henderson and Nashville railroad
passes through more fertile and productive
country, is az densely populated, will have
a large and profitable coal traffic, connects
the Northern and Southern system. Of roads
by the shortest line and has at its terminal
points two prosperous cities, Nashville and
Evansville. There liz every reason TO be-
lieve the stock of the Evansville, Hender-
son and Nashville railroad will become
quite az valuable as the stock of the Louis
Vile and Nashville railroad. The sale or
exchange will therefore be safe, useful and
profitable.
To show to your Honorable Board that
the Evansville, Henderson and Nashville
railroad can be built to completion, | sub
NIT for your consideration the annual re-
port of the Evansville, Henderson and
Nashville Railroad Company, which ex-
plains the progress Of the work, and ex-
hibits the means of the Company.
u.,1 Nacl,r,tIlo
railroad has completed track from the State
line to Hopkinsville, including side tracks
nearly twenty-six miles, and it is run now
in connection with the Edgefield and Ken
lucky railroad from Nashville to Hop
kinsville, seventy-two miles, and within
fifteen miles Of the coal mines north of
Hopkinsville.
The Evansville, Henderson and Nash
vile railroad has six and one-half miles of
track laid down from Henderson, on the
Ohio river, twenty miles Of grade COM
plete, ten miles more nearly completed,
and ten miles more carrying the road two
miles north of Madisonville, on which
some portion Of the work has been done.
We have the following means to complete
Tia thirty-two miles to bring us to Madison
Vile:
Cash proceeds of Henderson bonds.....- ..Sl55 900
Cash " Evansville p" .......... $1,000
100 bonds Of Evansville at same rate....... 5000
Cash-interest paid on Hopkins county
bOndS........,....... .-.................. IU.0OO
100 Hopkins county bonds at IS cents. 5000
4J 5UO
The above sum, with the work already
done, is more than sufficient to complete
the road from Henderson to Madisonyiile
and the coal mines.
We will have left the following means
TO build the road from Msdisonvile to
Hopkinsyille:
100 bonds Of the city Of Sl00 900
so bonds Of Hopkins county $1,000
Bonds of the Company .-...---........-.. 34s,VUO
$lgi. 900
Subscription of Hopkinsvie............--.. $4,000
Amount asked from Davidson county on
railroad 80. 600
The above sum will of course be subject
TO large discount, but will be sufficient TO
enable the company TO construct the road.