Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-10-31
ENTERPRISE.
The Ripley Railway COmpany--A New Chan
mel Of Trade for Memphis.
Meeting at The Chamber of Commerce Last
Might.

As had been previously announced, Col.
Falconer, of Ripley, Tippah county, Miss,
appeared at the Chamber of Commerce
last night, to lay before the merchants and
business men of this city the importance
Of coming forward with material aid 10
the completion Of a line Of railway from
Ripley to Middleton, on the Memphis and
Charleston railroad. On account of the
fatigue of those attendant upon the Far
during the past week, the meeting was
not near so numerously attended as the
importance OF the subject would justify.
Without any formal organization OF the
meeting, Col. F~alconer,gave those present
a brief outline Of the benefits that would
be conferred upon Mcmphis-the heavy
additions to the trade OF the city, that
would be secured by assisting in tho
carrying out of this enterprise. TIL sec
ton Of country that would be opened up
is one of the richest in Mississippi, n
the whole business could be sCcIred for
Memphis by prompt action now. lie did
not expect the city, as a corporate body,
TO assist the road il was not in financial
condition SO to do; il was subscriptions
from individual Memphians hat was
wanted. Eifty thousand dollars mere
bagatelle-in stock taken by Memphis
merchants would control the road, and
any man of ordinary business capacity
knew that this would be of incalculabio
advantage. The distance from Ripley TO
Middleton Station, oil the Memphis and
Charleston Railroad, is twenty-three
miles, ant the grading already provided
for, 50 the cost cannot but be moderate
Other and fuller details were given by
Col. f., which our limitedspace this morn
ing prevents US giving.
After Col. FalcOner had concludes,
Mr.. Farris moved that The meeting
be regularly organized, and TO that end
nominated Mr.. Nelson as Chairman, both
Of which motions were adopted. After
the Chairman had taken his scat, Mr..
Farris, in a few pointed remarks, warmly
endorsed the scheme, giving a few points
in the railroad history of Memphis as ar
guments for his position.
Mr.. Sawyer, of Corinth, representative
of the cooperative cotton factory to be
established at that point. brought to the
attention of the merchants Of Memphis
the fact that not a single bale Of thread or
a yard OF cotton cloth was shown at the
late Fair-a fact that did not reflect much
credit upon the energy and gO-aheaGative-
ness of this people. lie asked that II, out
/ of the abundance of unemployed capital
i'm this city, could and would not. enough
be subscribed 10 the stock of his corpora
ton TO ensure the establishment OF the
I factory. He was listened to with marked
attention, and made Friends for the enter
D. VI 81 " " 81 ~ - Ahha - ~
Mr.. \. A. Clark introduced the annexed
resolutions, which were unanimously
adopted:
ResoIced, That we regard the constitute
ton OF the Ripley, Middleton and New
Albany Railroad, draining, as it will, the
counties of Tippah, PonUOtOc and Chicka-
saw, a matter Of vital concern 10 Mem
phis, and if proper means are used, likely
in a large degree TO augment lis trade.
Res0ICed, That it is inportant TO the in
terest of this city that sufficient stock
should be taken, and means used neces-
sary to secure at this point the trade of
the Ripley Road, which, without such ac-
ton on our part, IS likely TO be diverted
from US TO the benefit of other cities.
ResOLUed, That the President Of the
Chamber of Commerce be requested to
appoint q committee whose duty it shall
be to place this subject before the citizens
OF Shelby county, and report to this meet
ing.
In reference 10 the last resolution, the
Chairman said that he Woulddefer the APP
pointmenf of the committee until the
next regular meeting of the Board of
Trade.l
The Chairman then extended an invita-
ton to Col. Falconer, Maj. Speight, Mr..
Bond and Mr.. Sawyer to be present at the
next regular meeting of the Board Of
Trade.
The meeting then adjourned.