The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-07-06

AG0oD EXAMPLE.
We are glad to know that at least one Of
our real estate owners. Mr. Burgess Bennett,
fully appreciates the vast importance Of
railroad to Texas, and has evinced his appre-
citation in q solid and satisfactory manner, as
the following letter viii amply show:
NEW ORLEANS, June 20. 1875.
John n. Kennard. ESQ, Attorney for the New Or
leans and Texas T. Il. Company:
Dear Sir-Mr Burgess Bennett, large
property holder of this city, being impressed
with the great importance OF railroad connec-
ton with Texas, as projected by the company
of which you are attorney and being unable
to subscribe ready money, with view OF as
sistiug this most laudable undertaking, makes
the following proposition: He Will transfer
to the com pany las soon as fully incorpor-
ated). in consideration of two thousand dol
lars Of the capital stock Of said company, the
same to be issued as "paid up stock, val
liable house and lot of ground, situated in the
Second District Of this city. at the corner of
Bienville AID Basin streets, acquired by him
by purchase few years since for the sum OF
$500 cash. Mr. Bennett is of the opinion that
he could realize more than $500, were he to
sell the same, but with view OF contributing
something towards building up this enter
prise, is willing to carry out the terms Of this
agreement, and in order to prove the asser-
ton as to the value Of the said real estate, will
let the company appoint experts to value same,
confident that the appraissment placed upon
said property will exceed $4,000. The pro-
perry has always been rented for good sum,
and was considered paying investment.
Very respectfully,
Notary, % Carondelet street, representing
Burgess Bennett
This is business, and if our other real estate
owners will come forward aud do likewise,
We shall have the road built and the cars run
ming thereon by the time Capt. Eads has
promised us deep water on the bar, and then
from depression and gloom New Orleans will
waken to new and bright existence. We
can not too strongly urge upon our people
the necessity of action, and prompt action at
that, in this matter 1t will not do to promise
merely and put off subscribing to some /" more
Z convenient season." thereby causing great
trouble and perplexity to the canvassers and
rstarding the directory, who are anxious to
push the work forward rapidly, We have
all had ample time to think about
it, and we are all Of one mind
as to its being an imperative necessity, there
fore there should be no hesitation whatever.
Every one to whom the list is presented
should put his name down at once for what
ever sum he can afford che can aff,rd vastly
more for this railroad than for any other pro-
ject whatever) and then go straightway and
talk his neghbors and friends into subscrib-
ing. It is a satisfaction to feel perfectly as
sured that in this railroad scheme every
dollar invested is to be rigidly de-
voted to the purpose for which it
is subscribed. There are to be no sine
cures Everybody is to work and work
hard with the single aim in view of building
the road.
It seems to us, it must seem to all whose
interests are in New Orleans that every posi-
BILE assistance should be extended to gentle
men engaged in SO laudable an undertaking.
They are working. not for themselves, but for
us all; they are spending their valuable time
and money in this grand effort to restore to
our city not only her lost trade but much
more, and when this is done every in
habitant of New Orleans will be
benefited. Real estate will advance more
than fifty per cent, and merchants who sit
idle all the day now looking for customers and
cursing the hard times, will then find sud-
den nee sssity for renting larger stores, order
ing more goods and employing more clerks and
labo ers Our too silent streets will resound
again to the thunderous music of commerce,
and we shall all understand somewhat how
old Rip felt when, after his long snooze, he
revisited the home which had changed in its
every feature. Who will follow the excellent
example of Mr.. Bennett?