Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1869-01-09
Gov. Pcasc 10 the Convention.

D soNs u SaANN ~ sAAN
Executive OFFICE, AUSTIN, Dec
/ ito the Hon. Ed. J. Davis,
/ President Constitutional Convcn-
ton:
SRI have the honor to aclinowI.
edge the receipt on the 18th inst, Of
your letter Of that date, transmit
ting Il resolution of the body over
which you preside, requesting me
| to communicate to the Convention
"what steps or actions | have taken
to give effect and force to the ordi-
nances passed by that body at its
last session, touching the rights,
privileges and interests of the
Houston and Texas Central Rail.
road Company, and also the rights
which tho people Of this country
claim to have in the railroad bonds
Of these and other companies, and
furnishing a copy of any guarantee
or receipt which / may have given
to the agents or officers Of said Cen
tral road.
In compliance with the terms Of
said resolution, | have the honor,
through you, to inform the Conycn,
| ton that the ordinances or declara-
tions requiring me to advertise and
sell the Texas and New Orleans
. Railroad, the Southern Pacific Rail
road, and the Houston Tap and
Brazoria Railroad made no appro-
priation of money to enable Inc to
pay the expenses Of carrying them
into execution; and no action has
been taken by this Office under
them.
Under the ordinances or dcc!ara.
tons respecting the Houston and
Texas Central and the Washington
County Railroad Compenies, VIM,
r. Baker, the President Of The said
H. 4 4. Central Railway Company,
on the 30th Of November last, ten
dcred to me, on behalf Of said com
pany, seven hundred and six bonds,
for one thousand dollars each. of the
seven per cent, land grant sinking
rund first mortgage, gold interest
bearing bonds Of said company, de-
scribed in said ordinance or declara-
zion, for the whole amount Of prin
cipal and interest due to the State
by the said Houston and Texas
Central Railway Company, and the
Washington Coanty Railroad Com
pany, on the first day of July, A. d.
1868, including the sums paid by
each of said companies in the trasu-
ry warrants or bonds Of the State,
the amount due as aforesaid being
seven hundred and five thousand
and eight hundred and six dollars
and sixteen cents, which said bonds,
in obcdiance to the requirements Of
said ordinance or declaration, and
SO far as authority was vested in
mo as Governor under the same, /
accepted in full satisfaction and dis
charge of the amount due to the
State Of Texas on the sums borrow
ed from the special school fund of
said State by the said Houston and
Texas Central and the Washington
County Railway Companies.
The document executed by mo in
favor of said company, showing this
action, is recorded in the Office of
the Secretary of State, and certif-
cd copy thereof is herewith trans
mitted
This was all that l could do under
the said ordinance or declaration.
The original bonds Of said com
panies for the amount borrowed by
them from the School Fund, not be-
ing in my custody or under my con-
troll, | could not carry out that pro-
vision which required me to cancel
and deliver them to the Houston
and Texas Central Railway Com
pany.
Ii will be see that the amount Of
the bonds received, exceeds the
actual amount due from said com
panies, on the LIST day of July, A. ID.
1868. For this excess a portion Of
the coupons due on the lst of Janu-
AIRY. 1869 was cut off iIom the BONDS.
The bonds so received from said
company have been placed for safe
keeping in the vault Of the State
Treasury, to await the further action
Of the Convention, or the State
Government, when organized.
Very respectfully, your obedient
servt, T. 4. PEAsE.
,t.1e.,,.