The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1871-01-19
TIE RALANoE .nrrr

of Gen. II. p. Nicely. Ssrrsfs,s ...
Treasurer, 10 the end of the f..rf ..
the 3lst Of August, shows thatfbsls
have credit for S9l7,O22 "a bearf. N.
floating debt OF the company. "A 49,.
Of which may not, however bo ,t.-
bile under the lease 60 the account \. N.
company. This reduces the f...
debt to the following; BtIspayaba t.
064 80; open accounts $751; @ T
tai $47 1876 Il. OF the note. er...'.
in the above amounts, q majority
not yet matured, while othcr .ra-..
been settled, on account of thor ...
ton with unadjustcd matters. T...
ter remark will also apply TO tlour
counts. This rcsultis highly crH
TO the lessees, as il practically cyH0.
] disposition 90 eXtinguish the Hmtut..
in good faith, as provided in thc le,.
Since the last meeting of lhccumn
a bill has been filed by thc Sntc0I W.
sissippi, in the Chanccry Court a. 81.
ton, 10 compel a second payment q +.
money borrowed by the company ur#..
the act Of March 9Th, 1886. and r
during the war, and in purmucoa a.
then existing. The amount involved
over 100000, principal aud mu
and two other railroads have been .a..
for like sum.
Surveys are 30 bee made t0 several IN
fercnt points on the Memphis and q.
railroad, looking 10 the extension o. 4.
Mississippi Central to Milan, or #a
other point on the Memphis and O
railroad in the direction of Palgad-
The work Of extension will hc commn
at the very earliest day consistent vH
proper location Of the road.
sUPERNTENDENr's mroma
General Superintendent Frost rrr
Of construction and equipment since Oh.
road was turned over 10 the lc..Dr Hr
the total expenditure 20 have been $685..
j53 Ga for permanent improycmHa. n.
equipment. During the same period wi
learn that the lcssces expended tha
of 1925, 500 63 for ordinary Uur
and the various items embraced .H d.
operating expenses Of the road. l.a.
81 $40, 123 2G, thus having expended boz
the ratio of about 1890 per day DO Oh.
improvement Of the property and lc NJ.
Grafton Of the road.
CoNDTTIoN or TIM HntD
The examining committee, Zoo Wo.fr
port, state "thcy find the roBd-bed u
cared for and i'm good condition
There has evidently been "a great aml
labor and attention bestowed upon /"
same during the present year. AH.
their judgment, had the association ..
this work year sooner, IL would uU. .
have inspired public confidence
sooner, but il would have added maH
ally 10 IL usefulness as great t.r
line, rs well as have Injured Do the lam
tages and profits Of the lessccs
OFFICIAL ROSTER.
The following are the officers a :.
road for the present year
A. NJ. West, President
II. +. Nicely, Secretary and TraW
j.. {. Walthall General Attorney
Board Of Directors-Genem a .
West, Oxford, Mississippi CoI9ud j f.
FAINT, Holly Springs, Mississippi. Dr
+ Malone, Holly SPRING., Mississippi .
II Pegues, Oxford. Mississippi NgHa
Jones; DIR G. NJ Walden. Walden, NJ
sippi Hon John A Binfori Duck ].
Mississippi; w A brennan Loo a
mar, Oxford, Mississippi Guou. h.
Nicely, John j Polk, Esq, Bolivar
nessee NJ y l. Stephens, Water Na.
| Mississippi RIB Hurt. jackson. d.
nessee Paul n Jones. Bolivar y.
nessee G n Anderson. Bolivar Ir
nessee Samuel Mechanism, JACK
Tennessee.