Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-11-12
ROCK RAILROAD.
Status Of the lmhfoelio and Present AftI-
tede Of The B~elligtreaS
The Probable consequences to Memphis
and Little Rock.

M-. L|~
The Little Rock Railroad bids fair TO
become rs famous ia the annals of the
country as this Erie and New York Cen
trail. over the stock and possession OF
which such bulls and bears as Vanderbilt
and Fisk, Jr., ave wrestlsd and fought.
For a year past II has been kept prOmi-
nently before the public. one way OF an
other, and on more Than n OCCASION has
Afforded a meaifs OF ~exeitenent when
times were duh and qniet reigned through
our usually bustiiug streets. Many san
gaine people regard this as significant of
Ihs glorious future that awaits this high
way as the initial OF the Southern Pacific
Railroad. They think h trials and
troubles through which this corporation
without "A soul has passed. and Is passing,
are significant of splendid achievements
in DAYS not far of, that out OF 10 ali the
railroad will emerge q greater thing
and a better thing h 4 IL can yet
be considered. How that may be we
will no; stop just now to discuss.
We have to deal with the present,
and 10 confess that, Judging by
all the Surroundings, judging by the
electiou Of 4 new Board OF Directors
ia Little Rock, the active existence of the
old Board OF Directors in Memphis, and
the issuance by the President of The old
Board. of SI.UO0.bOO worth of stock 10 Mr..
ElFkFIHDAu III wv NAAALA1 A00h
mixed, muddIed and muddy. Litigation
looms up-deliy in the completion Of Ehs
road white the old contends with the new
Board-first in The State, ultimately and
for an indefinite period in the Federal
Courts. This Little Rock Railroad, which
for seventeen years, dating from the pass
aye OF its charter, has dragged its slow
length along, seems sure enough ill-fated,
doUmsd to a delay beyond tho endurance
- - "a -. .f ha Nea,f.la ~ ln in MananNfa.
in Little Rock, and throughout the State
OF Arkansas, are ciamOrous that il shall
be finished, as the one thing necessary to
bring the people of the far west near 10
the Mississippi Contractors AVE rsLard-
ed and litigation interiered with il; the
rains and Hoods, the heat, sickness, war
and iuaneiI prostration, all have waTred
upon this enterprise by turns, and by
their effects postponed the day when
Memphians might breakfast at home and
dine in the pleasant Capital OF Arkansas.
The city of Memphis has lent S575, 900
Of her means, wealthy citizens OF Mem
phis have subscribed and taken 500, 900 OF
III bonds to complete this railroad, and
vet there il lies out in the woods, unfin-
ished, an eye-sOre and a libel upon the en-
ergy, skill and tact that has made Mem
phis what she Is. Il would take up too
much of our space to enumerate the
names. character and results of the vari-
Gus parties from first To last connected
with this road. They would make a COM
pany OF themsel YES. some of them have
done well by the company, some Of them
have done well by themselves. We have
had them a. contractors M AS specuia-
tors, the latter especially anxious to get
a permanent interest in the chicken pisH
which almost anybody can see will be n
mighty good thing when flushed and
we'll done. The frst-mortgsge bond
holders tried, through Mr. fainter, to get
a hold upon 1t, and were only defeated by
Mr.. Epperson and his party, who by
means Of a loan have secured tbs city in
terest, and by the recent issuance to them
OF 81 600, 900 have perhaps secured n perma-
nent and paramount interest, and unless
defeated in turn by the Arkansas authori-
ties, are likely foralltheir future to control
It, linking, as they intend to, its destinies
with the FL Pas0 road TO the Pacific. OF
this intention and possibility we have an
inkliug ia the following dispatches from
Mr.. Briukley, addressed to Mayor Len
Wich:
NEW YORK, November 10, 1863.
j. W. Ledigich, Mayor: II the stock
holders will permit me, 1 will build the
road very soon; but il they allow Sickles
& Co. TO control the matter, it will not be
built for n long time. The prospects are
better now than ever they have been.
r. G. BRINKLEY.