Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1872-09-27
NASHVILLE, Chicago and st. Louis
RaErroad

Yesterday the organization of the Nash
Vile. Chicago aud st. Louis Railroad Com
pany was effected In accordance with an ex
narte decree made and entered of record
Sent, 8. 1872, by the Chancery Court at
Nashville, before which body was peti.
ton of Edward F. Winslow and the Edge
field and Kentucky Railroad Company, in
substance praying that Edward f. Winslow
as owner of said road be substituted to all
the privileges, rights and immunities
granted to said company by the original
act of incorporation, and the acts smenda-
tory thereof. and to the benefits and adj
vantaoes of the decree rendered by this
court in the case of the Edgefeld and Ken
lucky Railroad Company ex parte: that the
name of said company be changed to the
Nashville, Chicago aud st. Louis Railroad
Company, the capital stock to consist of
10000 shares, of 500 each the
Board of Directors be empowered
IN declare one-half of said stock
preferred stock, with such privile ges as said
board may determine; the said company
be empowered to issue bonds to an amount
not Succeeding 1000, 900, and $4,000 to
be secured by a mortgage or trIst-deed of
the property, rights and purchases of the
company, the bonds to bear interest at
rate not exceeding 10 per cent. per annum,
and that the present Board of Directors
edward f. Winslow, Charles w. Gadiner,
Geo. S. Winslow, Henry S. Morrill,, Henry
w. Gardner, James II. Wilson and John B.
Haines) be constituted as such until an cleo
ton shall take place.
Gen. Winslow has been elected Pre- 81
dent, and Jno. B. Halves, Secretary of the
organization, which lasts only four days,
until Oct. /, at which time the Chancery
Court convenes in this city, and CONSOLE
dation of the Edgefeld and Kentucky and
Evansville, Henderson and Nashville Rail-
roads with the St. Louis and Southeastern
and Chicago Roads will be made and per-
fected under the name Of the Nashville,
Chicago and St. Louis Railroad Company.
This consolidation being perfected, gives
a reliable through line from Nashville to
st. Louis, and will insure speedy action for
increasing the capacity of the road.
A full legal title to the ownership being
established the company will, VS. are as
sured, lose no time, and neglect no oppor-
tunity in improving their road aud afford
ing the necessary transportation facilities
equal to the requirements of the large trade,
both through and local, that will seek this
route. New rolling stock and compile
ment offirst-class equipments will be made,
andlong needed Improvements commenced.
Already one hundred new coal cars and nifty
freight boxes are being received, and during
the coming season eight new locomotives,
now building by contract, will De added to
this equipment.
Sleeping coaches will be run without
change fron1 Nashville to St. Louis and an
other through train, with reduced time aud
increased speed will be put on the road.
The geographical advantages this road as
through line claims, give it an Importance,
and the great distributing centers North
west, West, and South, where its termini
extend, will soon convert sufficient through
freight and travel to elevate its power great
ly, and bring prosperity to its new owner
ship, the financial management Of which
will, we believe, be judicious and at the
same time not be stinted in improvements
and securing still further connections.