The Van Buren press., 1871-09-05
L. b. & F. 8. Railroad.

A; the request and repeated soiicita
ton of the Arkansas stockholders, cred
itors, and interested parties Of the L. r
d F. S. Railroad Company, as well n
from their own convictions, that som
action should be had in the matter, tn
old board-or Arkansas board-of Di
rectors met in Little Rock on the 24tl
ult, and proceeded to reorganization
by electing c. G. Scorr President. Re
po. Is we're made to the Board by the of
flcers showing that there are sufllcien
means yet intact, belonging to the Roac
to finish its construction, which reports
we publish in another column. Thai
there have been outrageous swinding
operations carried on since the new oi
Boston board have been in charge, We
think there can be no doubt, and hope
that the Arkansas board will act vigor
ously in the matter of unearthing any
frauds that may have been perpetrated
and be able to 90 on with the compile
ton of the Road.
A public meeting Of the citizens OF
Crawford County, in relative to this mat
ter was held at the Court House yester-
day, the proceedings of which will be
found below. JOHN B. OGDEN, was elect,
ed President, and A. B. HOWELL, Sec.
Capt j II. Mccain, offered the fol-
lowing:
WHEREAS. 1t appears by the recent proceed
Ings, had at Little Rock. by the old board OF
Directors Of the Little Rock and Fort Smith
Railroad Company, consisting of Charles u
Scott, James A. Martin, james Lawson, Ed
ward Wheeler, j. l.. Shinn, Anderson Cor
don, John II. Haney and A. j. Ward, Oh the
Gath day of August last, convened at the urg-
ent request of many Stockholders and others
interested in said Road, for the purpose OF
taking into consideration the subject matter
Of the suspension by the contractors the work
upon said road, and If possible to settle the
difficulties which have arisen and proceed
with the work, as well as to inform the public
Of their action before their retirement from
said board of directors in November last
And it appearing by the published state.
ments Of the said board OF Directors, that
there Is an Indebtedness of Warren Fisher, jr
the contractor upon said Road for work, etc.
to Messrs. Pierce, Setacey & Yorston, some
S600.090, as sub-contractors, who have taken
legal steps to enforce the payment of the
same, and that the said road Is now in the
custody of the law having been attached by
Pierce, ,Stcacy & Ioston, to secure the amoun,
due them for work on the road. Therefore
the premises being seen. 1t Is
Resolred, by this meeting, that the Stock
holders Of the J.. Il. q +. 5. Il. II. Co. of Craw-
ford County. and as citizens and creditors dc
most cordially endorse and approve the ac-
ton Of the old board OF directors at their
late meeting, held on the Oath Of August, at
LILLE Rock.
Resolsed That we hereby request the old
board Of directors to take every and and al
legal steps required or necessary to hold or
to the effects Of the said Company and kcel
in hands of the cid stockholders where II
properly belongs the assets of said Compa-
nv until said Road Is completed
Resoired, That no grounds of censurc ought
to exist agaisnt Messrs. Pierce,Setacy Il Yos
ton for their attempt to enforce the payment
OF their claim tor work done upon sad road
due from Warren Fisher, jr. contractor or
said road. but that they deserve the commen'
dation Of the creditors upon said road for
work done, for their action In the premises.
Resolved. That the proceedings OF thi.
meeting be published in the V. b. Press, and
other papers published on the line of the l.
Il. +. & 5. Railroad be requested to copy.