New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-09-08

O1d Of this month For the COMPANY to
comply with its Obligation. as contained
in the contract, it is necessary tha. the
work should be commenced prior to
the twentieth instant. A sin gle day' s work
by one man would do tais suppose Il is
for the interests Of the company .aat tbs
contract be complied with. Yo, will,
therefore, a. once send one Of your assist
ant engineers 70 Eerm.i.onyilleo and at
some convenient point north OF Nernii.on-
vile run line for short distance and
commence the work by throwing up small
portion Of enbaakmen. a. some point just
enough for him to be able to hle Lis certiti-
cate with you, properly a.tested before
notary. that such work was duly commenced
on such date fixing such date prior to the
twentieth instant. Il is desirable that it be
done wl.hou. comment Q. publicity II the
press.
AL We We wants TO technically e,mplr
with the contract now. zinc. We, can no:
properly locate tie line aor.l o. Eerni.ion.
Vile. or commence rs construction until
a..es oar main .ine has reached :la: point.
Please give this matter ycu. p:oHp: a.:en.
sion. and when the certificate e prepared
certify to i. to the e5ec: :.fa. the WORK vas
done and the certificate made by your direc.
ton as cnle: engineer. a1d then send the
certificate 70 J9la J. Howell. secretary. .:
this Office.
lJlc5. SSTS C.ClSs
JAMES 4: RArSo2. p:s:.!.o..
s.:er. Should BE -.
IN accordancew;:: tie ato-s o:d@: ard
Instructions the engineer. VITO declares that
he then be.iyet sha: the Nav O:.eans. No.
bile and Texas Railroad Company really
intended - construct 3 branch railroad 20
Shreveport; .tha: he knew nothing o: the
issue OF BONDS. and supposed tia. the object
oS m n q re
mi:.onv:..e ~as sinpl: to proven: a forfeit.
ure Of the Chartered rights 10 build s1eh a
road. caused few hundred fee: OF stakes
to ae Sc: and few Cable yards ?s eac-!: 20
he thrown ~ within the time specified.
BU: it IS plain to yeu: committee saa. this
was not suck commencement: Ct location
ami construction as the !aw contemplated.
aad President Raynor i:msa.: ainlt. this
when ne says ''Ea car noc properly locate
the line mort: OF Ve-ni,ionv.ile. or com.
mence =, construction. until ou- N Ain line
has reached tina: point sha: IL. 10: until
after :ae completion .: sla sai.roa'. 10 Eec'
m;':oav:i.e.
The ,er,u. saI conditions 0: :is eoa:rae:
'':nade with tls STATE OF LOUISIANA Dg the
companies pcesden: Eaynor states ex.
pi,c!-ly. required a commencement: o: actual
construction '.w;.hil six months" bU:
neither the construction nor even the loea'
ton Of sal; Ssanci. sa;i-aai have &c: been
commenced.
The law rerui-ei tie ea.i.e cou o.e:;on Of
the road oy u before May, 1875. 81: i: has
rot yet been begun.
The bonds 90. stock. Il company With
c1s Join: stock capital. were issued to
SECURE the CONSTRUCTION OF the road Q: SAID
corporation troin Eermi. ;onvule - Slreye.
port" bat i: Is ey:isn: :he- were ~: 1ied
tor such PURPOSE.
Your CON a.i:.ee a:e .: opinion :ha. the
ina: decision 81 our State courts VII bs
aya:us: sac validity 0: :he t:.:)c,eoc o:
bonds issued 70: stock. IL 1871. 20 the New
Orleans. Mobile aai Texas Saiiraai Com.
panv. and we recommend .hat sais Chamber
pass a resolution requesting. :le funding
board not - :1nt said bonds. nor any OF
:.lem. uat.: co:npe!!.t; % do SO bC isw.
G. ". +. BAILEY.
II. o. SEiXAS.
Z. Il. JOSEPH.
COMMITTEE.
I'sso'.:'. TIA: :: /, :he op;nlaa .: ths
mem cecs Q: .aa .'sv Orleans Chamber Of
Commerce :aa: tae decision o. our State
courts IN relation 10 IL. :ssse Q: s2.5lc.G:l
bonds TO :h3 .a.e New Orleans. Mobile and
Texas Ra:l.oad CompanT o. :he State o.
LOUISIANA 70: stoel. n said company. oste1.
s.b.y to"secure the construction Of the road
o: said corporation from Terlil,Orv;lle TO
Shreveport W.. be. and o: c:gh: ough: to
De. aga;ns: The validity o: said ISSUE OF
bonds. and shat the same are not il Law o-
equity portion OF our STATE deb:.
Reso'ce1. TAa: tn: secretary OF the C,ati.
Der be requested 20 transI.: a copy o. the
repo-: Q: tie committee oc railroads n
Relation 70 said bonds. and copy o. the
letter OF the p-es.ien: of said New Orleans.
Mobile and Texas Railroad Company il re.
.at!oo TO the $50 called" commencement: OF
work a. Ve.al.oa.:..s - :as Stat: ::cI.ng
board.
TIE re?os: ani resolutions ~e,a adopted.
Considerable discussion followed CT tie
subiec: 9: :he connection Of New Orleans
with otae. points 0: transportation.
Mr.. Rickev addressed &c. Chanh.: CT
freisn: connection between New Orleans
and Texas, and a: :se conc.cs.o. Q: his ad.
dress offered t.: fo:.ov:n: p.ea:.1:s and
resolutions:
WHEREAS. -. rates o. :a:cus. freight
o:er roads and steamers bringing cotton TO
and carrying merchandise iroo. New Or.
leans are :rreyuIa. and in many eases III.
favorable 20 the growth OF sas trade Of our
city. and the rates oi insurance AZ. :..so. II
many cases. disocoport:oaed to the risk.
feso!y:t. Tia. a committee Of t.re be a?.
poin:e. Q: :he chair 20 NEE: similar com.
mitsees from the Merchants Exchange and
the Cotton Exchange 10 influences sucl
changes in existing railroad :reigh:s and
insurance prem i:ins as sha!. Be conducive
70 the prono.:oa Of sas mercantile :n:eses:
OF New Orleans.
In compliance wiz. the &j.re resolution.
the following committee was appointed:
+. s. Hickey. Joseph McE.roy. JOAN !.
Adams. L. II. Gaciae-. S. He:ashe:I.
On motion Of II. q. S..Sas. the :a1e o.
Z. A. Burke was added 70 tia: csmm::tee.
The :a.iow:a. resolution va. taea
adopted:
Reso:rel, TIA: Il. ,a;irca3 c:n:n:.:ss 5s
Instructed 10 correspond with anv railroad
companies In Texas. under construction or
perfected. IN regard to che advantages Of
making New Orleans their deep ws.es ter.
minus in the Gulf of Mexico.
The Chamber then adjourned
A White Leage Newspaper Puzzled.
Several ct cus country exchanges are