New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-09-02

\
rona. West Of the Mississippi R5ysEsD
and it's 4 rpurten nd noes and Ernnchxses.
VVBEREAS The NEW ORLEANS, MOBILE ANp
w Texas Railroad Company, q cOrporatiCsa
tied by the State Of alabama by an act 0f tina
ienerat Assembly OF SAID State, entitled %, aeS
70 incorporate tl,e New Orleans, Mobile aHss Chato
anooga Railroad Company" approved NoTls' BbeG.
a, 1866, which said corporation was reeo4: nizetg
and approved Is body polite and corporate by Az
act OF the General Assembly of the State o. Louo
s!ana, entted an acttelative to the New On leans
Mobile and Chattanooga Railroad Company q core
pOratlOn OF the state Of Alabama, and autho riziug
and empowering said company to exereis and
enjOy its corporate powers and franchise n TIE
state of Louisiana approved August 10, Ia5 g. the
name OF said company having been subsee;3g eI Try
changed by authority of JOINT resolution If tie
General Assembly of the Stste of Louisiana provo
ed eighteenth April, ISL, from the New Or leans,
Mobile and Chattanooga Railroad Company to the
New Orleans, Mobile and Texas Railroad Corn
pany, did, under its Original name, to wit: '"TbA
New Orleans, Mobile and Chattanooga Railroad
Company" and by virtue of the provisions OF ar
act Of the General sfembly OF the State Louis
ana entitled act I'd expedite the COnstra1s ion %
the railroad of the NJ Orleans, Mobile and Cha.o
tanoOga Railroad Company in the State Of LoUisi
ana, approved February II, 1862 execute linden.
ture the first day Of July. in the year lA.O. be-
tween it and the Cow rnOr of the state Of LOuiai
ana. trustee. for the purpose of seeur; ng tho
payment of the principal and interest of certain
New orleans. Mobile and Chattanooga Railroad
Company, guaranteed by the State of Louisiana,
State i0 of Louiaaa as suarantor o', Of SAT-
bonds and did by said indenture conrsy TO
the then Governor of the State OF louisiana,
the main line of railroad Of the said company con-
structed to be constructed in that part Sf tho
State of Louisiana lying west Of the MissnsipyQ
river. The said main line extending from the
point where it shall intersect the Mississippi river
opposite the city of New Orleans westward to tiso
point where it shall cross the western bouA DAIRY OF
The State Of Louisiana in the parish of Calessien9
also all the rights of any road beds and supe rstruc
ions of the said line of rail- oad and all the ethics
rights. interests and estates of the said company
in and to the lands occupied by said railroad, n9
to be ACQUIRED for that purpose. anS
all depOts, station houses, engine houses. cn2
houses, freight houses stOrehouses. Warehouses;
wood houses, sheds; wharves. machine shops. rdo
pair shops business offices aud other Offices shopD
and buildings, all engines and tenders, Cars ANS
other rolling stodk, all machinery, fix lures
fuel and MATERIAL and all real and prrsOnai
estate within thb State of Louis; ana AZ
purteEaAt to necessary for the Ope ration Of sx
main line of railroad then owned or thereafter
quired by said cOmlany, and also all the corporate
franchises and privileges of said company grantee
by the State Of Louisiana relative to the const,uso
ton, operation aud use OF said main line of raiEpa4h
or any part thereof i'm said State of Louisa na and
said inenture in pursuance of the provisions OF sails
act, approved February III, 1869, provides that in
case default shall be made by said company in thu
payment of the interest of said eecULd mo rtgagco
bonds. any part Of them, and the same aAll res
main in arrears for sixty days after becoming duo
and being demanded of said company, the y,Tins
pal of all the bonds secured by said indentu1e sEa
then outstanding shall upon the expiration pf cai&t
sixty days become due and pay able and in %
such default it shal be lawful for the Governor o.
Louisiana and his successors in office. peTsoEAllY
or by atterney.:or attorneys agenta, os
that purpose BY tie Governor aforesaid sn H.
successors In office to sell aud dispose OF 81
and singular the property and franchise IS sesal
said indenture at public auction at such ii me ans
place in the ethyl of New York in tie city opS
New Orleans as the said Governor and his succaso
sors in Office may deslgna to and appoint having
first given notice Of the time and place of sale o
advertisement. published not less than SIX wee D
immediately prior!tO the time designated for sus6
sale, il one more Of the daily newspap ers put9
lshed in each of laid cities Sf New York and Eeys
Orleans ana in each and every issue of . aid dai.sp
newspapers And the said Governor Dr. his 4,iGo
cessors in office isl the completion of such sal8
authorized by said iDdenture TO make eouv6Do
ance OF the property sold to the purchaser ar6d
the said iDdenturp further empowers the sale %
said property. real and personal and the & anchSa
aforesaid in such portions the said Gcysrror os
his successor in ot1ce may deem advisable, ha vIgc
just reference TOT the rights and interest Of ;..g
parties to be affected thereby and duly observing
the laws of the State of Louisiana and he PIE
visions of said ind enture in ference there to.
And the said ndenture further provides saat 70
making such salf reference shall be hal 20 tho
provisions of the third and thirteenth sections 90
the said act of thf General Assembly of the STATE
of Louisiana, approved February II, 1859. which
provides that thetrOlling stock and personal gru5o
erty shall arperthin to that portion of TIA, maize
line of railroad which snail have been onstruc.s
and opersted and shall be appOrtioned sanal.S
ceeds of the completed portion of the Il, ans
that sale may be made of said railroad subtct
th, zen ., .ns ssaso anu accihea n1teIcso
gage to secure bonds to the extent of s,l2 soc
and accrued interest thereon, per mile; an1,
w co" su rits "s secon
the General Assembly, approved February sc
u v, va. ~ So " ~. az en-. .no oi!es % WIS
seGre.ary Oh S.ate OF sne state OF Lou lano:
q ,noo ah 5.td 1;,I ia.n LIS .Ioi ~ ln 80 oS
=, III, u t @ Iof, " .GT' i.ttaple On liie ainp
- ,y S i III, io cis'iie Po' ceiI. iH NE
gay ol oans ant J"y oa eaen year sah intsro
neysJ 20 ss;d bnnds crS sd bona 80 osNi - IL
arante To- nv the Satc a Of nsiana a ne ns
So and ~ aao,ouionna -,;th ti i ~ .he ZIG
nct annrnrai Fahrmarv - iaso pn5 Va se
said COMPANY has made default 10 the nayrnsrt 20
TO- intaris+ ~ sa;J ho,ar .o - w PaJ -N'S ~ "a
; ime @ on sa nShds 30 guaranteed and asa
said com nav more than al WV ID IT, - - % -
Sacan,a dun and usos YJ 9 ~ i CIV Wig ." niO
and whereas said de fault has continI,ed IN ~ rGs
nre sent time Now tharafore hu r;rt,1ss - ~.
1.ou,er o,d a,tbnritv in No yastaj h., 90 -. -
The General Assembly anproved seyentsanth "a
Eebruarv 1a63 and said indenture of rnoytcaca
I,I 1i OIL" loo nhuensuAe VI nio' .sny,ss
aa.so ct u'y sa,J n anu as tr"stes nm.sg
will proceed, through c. f. Girapdey. aac,isSS
@ 70 se say ny am live f loi H.
and nj anS
described. at public aucton. to the hi@bess i,deS
for cash at twelve 0ciock M at the 81 fhar1sS
Auct,on Exchanee in The Rotnnda ~ the A.
CHARLES Hotel in the CITY If New DREAMS ot WEso
NEsnAY Sen;amhar En- 1 q. T.; ,ha o " 80 -
t;ons and subject 10 the lien nj the firs.
which is a lien securing first mortgage, banded q
if is we'll nnderstood il to take the nronertv .ii
Gated subiect to said incnmbrances AMI the hirS
which he makes will be considered bid 1or FsS
entire amornt hid ia to be paid in Ch sb 1xitha-
any defuction whatever ''''i '''''--o
f H. vain line of railroad to ha solo o,,,,,.,.o
at the nnint Westwero "nnoste tba o;t ss ".
Orleans on the west bank OF the Missias1 ~, civ e9
SAtoAuo "e"e ~" oAN CIV tE.e LWDfsSs