The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-08-08

way to the Louisiana line, distance of %
miles; transfer to our company the charter of
the Marshall and Mansfield Road, with all its
franchises, embracing 10000 acres of land to
the mile, granted by the State of Texas, all of
which is rendered free of charge. In addition,
this construction company propose to clear,
grade, bridge and eros tie the entire distance
to the State line, under the direction of our
company's chief engineer, at the lowest cash
figures for which the work can be done, and
in no event to exceed the lowest price for
which we can get similar work done on the
lower end of the line, and accept our stock at
par in payment l hope in few days to lay
before the board written proposition cover
ing the above for its action.
Subscription books ere opened, and in the
space of few hours S26, 500 were subscribed
as stock to the Marshall Construction Com
pany on the following terms, to wit: rs per
cent in cash subject to call, and Is per cent
every 30 days thereafter until full paid. This
amount was subscribed by the citizens of
Marshall, and they confidently believe that
over $50, 900 can be obtained in the city and
county in a few days.
From Marshall we proceeded to Mansfield,
| to be present at public meeting previously
arranged for and alluded to, and en- route
stopped at the fourishing town of Keachi,
where quite number from the surrounding
country had assembled in anticipation of our
visit. They enthusiastically declared that
Mansfield, their county town, should not
Guido their neighborhood in the way of pri-
vate subscriptions to our stock.
At Mansfield, as at Marshall the people
were addressed, and evinced the greatest zeal
and earnestness. The resolution unanimous
ly adopted provided for the formation of an
executive committee, composed of nine of the
leading influential citizens of the parish of
DsSotO, to take in hand the procuring of the
right of way throughout the parish and suit
able depot grounds as a donation; also to OBJ
tain private subscriptions to the capital stock,
and to use their influence with the police jury
and in various other. ways to obtain for the
company the most liberal parochial aid within
their ability. Within a few hours time the
private subscriptions in the town of Mansfield
exceeded $4,000, and it is confidently be-
heved by the committee, that in addition to
all private subscriptions the sum of $3.50, 900
would be obtained from the parish by an
almost unanimous vote of the people, The
financial condition of the parish is unques-
tioned-being out of debt-while their scrip
readily commands ninety-fve cents on the
dollar whenever issued.
From Mansfield We proceeded to Natchi-
toches, where we arrived in time for the pub
lie meeting called for the I'd inst. The same
spirit aud zeal characterized this meeting as
at Mansfield and Marshall. Earnest and
well-directed appeals were made by Col Levy
and others. An executive committee, COM
posed of twelve influential citizens, repre-
senting all parts of the parish, was appointed
and met immediately after the adjournment
Of the public meeting. They agreed upon
the following recommendation to the, Police
Jury and the people at large:
hot h. oh 1eo :ha ~ &hox,
$4,000 The city of Nltchitoches, in its
corporate capacity, $4,000, and that the pri-
vate subscriptions to the capital stock be
raised, if possible, to $4,000.
Before leaving there some S12 600 was sub.
scribed, mostly by the executive committee. |
From Natchitoches we returned to Alexan-
dria, and ascertained from the executive COM
mittee appointed at the public meeting pre-
viously alluded to, that in few days they
would forward US the REIMBURSEMENT of the
right of way from Alexandria to the Natchi-
toches line, and also the action of the Police
Jury, which they confidently believed will
in result not be less than $3.50, 900 in addi-
ton to the town subscription and the sub
scription of private parties, the after having
already reached some $4,000. Thence we
proceeded home.
In conclusion, beg leave to present re-
port from Major Green, our chief engineer, |
and in this connection desire to express my |
opinion of his fitness for the arduous and re-
sponsible duties necessarily imposed upon
him. Whatever his capacities may be as a
civil engineer 1 leave for the determination of
his professional confreres and his past record. |
l simply state that of which I deem myself
competent to judge, namely His earnest, |
untiring zeal, efficient action, his quick per-
ception and economical administration, az
companied with pleasing manners and the
faculty of inspiring those under him with the
same attributes and these induce me to e1-
press the opinion that our Board cannot pos
sibly have made better selection, and time,
1 am certain, will fully justify that my esti-
mate of him, and as an engineer and gentle
man, has not been overstated.
Respectfully submitted,
E. 3. WHEELoCK,
President New Orleans Pacific r. r. Co.
To the Board OF Directors New Orleans Pacific |
Railroad Company.