Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1871-08-31

/ us they were less damaged by the
Late YaEEi 3Iiras iIggoagY-
Take report of Tennessee and
Alabama Railroad, 1850 shortly
after the train had reached Co
lnmbia, and wes havsSrgas5 Ess
Gross receipts .ig....S a. F..yss $i27, ,952.9z
Expenses ,s!..t 10 9...ss .efo7o9 &c
gos szvs zes5ss.< eo- 90 =
; Length of road, 49, miles. U
Hthislrosd had hot 1cost dbut
S8, 600, per mile, then $685., ,0a0
divided BY SS7, ,234.46, would
give dividend Of 2sSzl1osper cent.
But the cost of the r46amtles; ST.
439, ,256.87, is nearly four times
the cost of fhe proposed road to
Fayetteville, a distance of 433,
and including side-tracks, &c. As
nlies. Il y ssgsissai ia s,,lsofrs .,T 4 .
Reports OF Louisville r. r.
Company, 1866 g. show 4Rat the
local business alone, will pay ex-
penses, and d dividend OF 81 per
cent to stockholders, having IN
creased from s303, 900. for six i
months, when the road was opened, !,
to 1882. 600, for q similar period
in 1866. 8, ..s.. ~: .ss.9a .,...s = & go :. ss
Taking the country Though
which the Columbia and sFayette-
vile Railroad would pass, and the
connections to be snade Aand a
fair estimate would be, the N. and
D. r. R, REPORT 1861 gross re-
ceipts, S444. 4.126 40.
Divided By three. equals s1zao54I4
Expenses; Tenn. d Ala r. IL
tRepOrt 1862. e.. q. .4o7oe.45
Nett earning. .$10s, ,344 SO
per cent. interest on ss6Oooo. .2l,6oooO
Nett Profits. .sss. "a. SO
1t was then proposed by Mr..
Ed. Williams, and received the.
endorsement of many s.of the
monied men of Maury county,
that the bonds OF the county be
issued for $3.50, 900, and disposed
Of as follows:
Build a narrow gauge railroad
from Columbia to the Mar
shall county line, IL miles 500, 10000
Build narrow gauge road to aHS "
Mt Pleasant 49,. ....4s -. 10. .oOo.oO
Build narrow gauge road to Z.
Hickman county line, start sg5s z-l.slt
ing from Mt, Pleasant rail-s5es,1a = s.
road at Dobbins' Summit, 81 5I lls
miles from Columbia, and
run to the mouth of Poplar
Creek via Mr.. Ben. Harlan's
and Nebo Church, crossing ,aHE5L
Duck River twice. Distance
11M miles. 80, 10000
Build turnpike to Rally Hill. -. 24,OO0.O0
Complete '' /" Santa Fe, IL m, 10000
49," " Hampshire, 16 M. 100000
Bucksnort, II m $4,000
"Spring Hill, II m. $4,000
Giles Co. line, II m 5,500.e0
Contingencies -. i &. 100000
Thus, at a dash, put the whole
county in good order for business,
contracts to be made jim building
the railroads SO that they should
pay at least 6 per cent. for the a.
mount used in building the same;
say the bonds were issued at 10.
per cent. interest, to be redeemed
in 80 years, or in 10, if called in,
and that the railroads used $780,
600, then the interest would be
At 10 per cent. nt........$ $25. .SO0O 90
Less 6 per cent. Ia, 5000
Difference added to Co. tax. :. .$1O, $4,000
10 per cent interest on $92, 900 for
turnpikes and contingencies. $4,000
Total added to county tax for Ave
years. $40 5000
At the end of which time the 34a
miles of railroad ought to pay.baeka
each year to the county A7.S22.-i
5S, besides having been the means
of making Columbia acitvsof IT,
600 inhabitants and doubling the
entire wealth of the county. They
have secured through rates Of +,
freight and passage to her citizensi
to all the important points in the
United States forIall fine 10 come. |
A young lady of Louisville hav-l
ing received very urgent propo.
sails of marriage from an,old gen.
tleman, sent the following answer j
by mail:
TWhv thus urge me tocompiiancs
Why compel me to refnse?~
Yet though court not vour alliance.
Perchance aiyonnger may choose /
For'tis state I'li meier disparage, EUET
Nor will war againstit wage; a. |
do not sir. object to marriage. So So grll
but dislike to marriage" iis-s sal