Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1871-09-07
Our Railroad.
A Sale Made.
The Dispute Ended.
The Bargain Closed.

Va wa Ae"N. HS iSoiA EHNo'C
~, that q new engine and cars art
to be put on the w. and A. ROAD
this week, that new track is tt
be laid within a year from The
Junction to Huntsville, and thai
a daily train to Fayetteville, is q
"Gx,d fact" We now have, as q
county, more than we could have
secured by any other courses
northern and southern outlet, and
our road is on a permanent basis,
W. n. Wright & Co. deserve our
thanks, and we hope to hear nc
more mutterines of discomfort
from any one.
The Banner says:
| After much consultation, Presi-
dent Cole, of the Nashville and
Chattanooga, and President Wicks,
of the Memphis and Charleston
railroad, came to a written agree
ment yesterday, that the Memphis
and Charleston Railroad should
purchase the Winchester and Ala
bama Road; that it should be OPP
Grated without discrimination; that
the same rates should be charged
for passengers and freight going
either way, and whether destined
for the Memphis and Charleston or
Nashville and Chattanooga rail
road, the same rate is TO be charged
as for a like distance over the
Memphis and Charleston Railroad.
A like agreement concerning the
McMinnville and Manchester
I Road is embraced. Through
lreights from Sparta, and even
from Cincinnati. when connected
are TO be charged the same rate,
whether designed for the Memphis
and Charleston or Nashville and
Chattanooga Railroad. The road
to extend to Guntersville from
some point on the Winchester and
Alabama Road is guaranteed the
same protection. Upon the open
ing of a connection from Hunts
vile to Decherd, tolls are TO be
paid by the Memphis and Charles
ton Railroad Company for the
use of the track from Tullahoma
to Decherd, while the Memphis
aud Charleston Railroad are to
furnish their own cars. This last
condition may be abrogated by six
months notice from either TO the
other party, There is to be the
customary interchange of cars, etc.
None CT the chartered rights OF
the Memphis and Charleston Rail-
road are waived. The Memphis
and Charleston railroad are to pay
all losses that occur in connection
with their trains between Tulla-
bona and Decherd. The contract
is to be in force for fifty years.
The Nashville and Chattanooga
Railroad Company agree TO with.
draw their suit for the purchase
of the Winchester and Alabama
road, and take the privileges of
non discrimination instead. The
agreement is duly signed by the
two Presidents, and Endorsed by J.
D. Tillman, per ]. B. Lamb, d.
w. Clark and B. f. McGhee ap-
pointed by a meeting of stock
holders AT Fayetteville.
A petition was filed in the First
Chancery Court Friday, by the
Memphis and Charleston Rail
road Company to amend its char
ter so as to allow them to pur-
chase, own, control and operate
the following railroads: The rail
road running from Fayetteville to
Decherd, belonging to the Win
chester and Alabama Railroad; a.
railroad running from Tnllahoma
to McMinnville; a railroad run
ming from McMinnville to the
Kentucky line belonging to the
Southwestern Railroad Company,
to a point near Sparta. And in
order to make proper connection
with said roads, the Memphis and
Charleston Railroad Company ask
to be empowered to construct, first,
a railroad from a point on the
State lines of Tennessee and Ala
bama, connecting with road to
be constructed by said Memphis
and Charleston Railroad Company
from Fearnes' switch to said State
lines and on to the Winchester
and Alabama Railroad, and from
thence to the McMinnville and
Manchester Railroad, near Tul-
lahoma second, a railroad from
Decherd connecting with said
Winchester and Alabama Railroad,
and running to the McMinnville
and Manchester Railroad; third,
the said Southwestern Railroad
extending from McMinnville via