Whig and tribune. [volume] (Jackson, Tenn.) 1870-1877, 1873-04-19
Letter from presidents Arnold.

RIENzI, Miss, April 8, 1873.
Thomas A. Blair, Esq, jackson,
Tenn.-Dedr Sir: Your esteemed
favor of the Sth inst, is to hand, and
| hasten to reply. In doing so, suf-
! flee it to say that there IS nothing in
our charter binding or obligating
our stockholders to pay any
thing more than they own in the
road, that is, their stock alone is
bound. So far as l am informed,
there is nothing in the laws of Ala
bama, Mississippi or Tennessee to
subject our stockholders to pay any
thing on the debts of the company
beyond the stock they hold in the
| road. regard the charter, as now
amended, as being both water and
| fire proof; and, as liberal in its pro-
visions as that of any other Rail-
road corporation in the country. If
we can succeed as well in every thing
else that appertains to our great en-
! terprise as we have done in the
charter, we will certainly be emil
nently successful. l would like for
| these facts to be made known to all
| the citizens of jackson, and of West
| Tennessee, as there may be many
others who feel deeply interested in
this road, who would be Cratified to
| have official information upon this
! subject.
l was pleased to see il announced
| in the last issue of the "Whi0 and
Tribune" that the people of your
city are a unite on the subject of
our road, and, that they give assur-
ances to their friends in Alabama
/ and AIfEEic TFnTaF that tho. 4
to cooperate with them to the full
extent of their ability. To give the
greatest encouragement to the en-
terprise, L deem It highly important
that your city should send one of
her ablest representative men to the
next annual meeting of our stock
holders to be holden at the city of
Birmingham, Ala, on the LIST day
of May next. This will assure the
people at the other terminus of the
road that they may rely upon the
hearty cooperation of the friends
of the road at its Northwestern ter
minus, who will bring to the aid of
the enterprise, "men of pluck,
brains and capital" The city of
Jackson should use her intelligence
and moral influence to arouse an in
terest in behalf of this road in the
Western cities. The papers of your
city which exert so powerful an in
fiuence upon the interest and insti-
buttons of our country, and those
that exchange with them, can place
this whole subject so clearly and IA
vOrably before the business world
that the capital TO build the road
can be easily obtained. In labering
TO create this new artery of trade,
we are not aiming to serve the in
terests of Jackson and Birmingham
alone, but to subserve the wants of
the whole country, especially the
communities of the Great North
west.
From the attention which YOU
have given to the subject, you mUst
be satisfied that very few of the
roads projected upon the American
continent offer so mauy advantages
to their stockholders as this one
does. | have no doubt but that as
soon as the attention of the business
men of the West and South is Sc
cured to the superior merits and
extraordinary advantages which
this road offers toithe capitalist, that
il will be so highly appreciated that
the far-seeing business men of the
country viii eagerly seek an invest
ment in il. Outside of its adVanta-
ges, as a great channel of commerce,
the route of this road has collateral
resources of wealth that alone ex-
coed those of many other grand !
trunk lines. Could these facts be |
fully impressed upon the minds of |
the enterprising men OF the day, the |
road would be speedily built.
Please accept my thanks for the |
lively interest you haYe taken in |