New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-05-11
The AGairs of the New Orleans. TEobii
aud Texas Railroad Adjusted,

| Ttere was an informal meeting Of parties
Interested in this road held IN the Gov
eTnors Office yesterday afternoon. which
lasted several hours, and an adjustElen. ar
ri,ed al which will likely secure q speeav
resumption q the work on tie road 20 tie
Texas line anl its early completion 10
Houston. The meeting was a.teuded b. ii.
torney Genera! Field T. ). Semnes, ESQ.
who IS employed by tie State as special
counsel in these railroads matters, mum
Der Ct Northern capitalists, including two of
the Ames family, Of Boston. and d number
ofc0nmeycial men Of this city, After full
and reasonable consultation the Attorney
General agreed, in The name Of the state, 20
loin the the other parties in interest. which
includes tho Nessrs. Ames. OF Boston,
Lyman j. Dodge and others. of New York.
u agreeing TO submit all TIE yexed questions
now in litigation to the adjudication OF the
courts without further evidence argument.
or dilatory pleadings; the parties interested
agreeing that the viii reorganize the
directory OF the road, and in a board Of
thirteen give New Orleans representation
OF eight OF its most prominent citizens The
following letter viii be reaG with more than,
ordinary interest by those who desire the
welfare Of our city:
STATE OF LoU1sIANA,l
Executive Depart mem. )
New Orleans, May 10, 1875.
Hen. A. P. Field, Attorney General
STA number OF prominent gentlemen
OF the commercial community have waited
upon NE, representing that the attitude OF
the State N the suits pending in the United
States Circuit Court with regard TO the
New Orleans, Mobile and Texas railroad is
complicating the negotiations which are
row progressing by which II is hoped that
a road to Texas may be completed q. an
early day.
am advised by. competent counsel tnliv
c0nversant with the merits Of the case that
TIE interests Of the State involved in the
litigation are not large or important; and
am satisfied that the early completion of tho
road viii be of greater benefit TO the State
than for the State to seek to MAINTAIN is
present position in the courts.
II is proposed, | believe, to reorganiZe the
board of directors SO that it shall consist OF
eight prominent gentlemen OF this city and
five Northern capitalists The gentlemen
Of New Orleans selected as directors are |
understand. Messrs.. John Phelps. 7. II,
iluh'- falflch IRWIN. ;. II. heAneuY, JCsepn
H. oslesby, A. Bohne Louis Schneider and
largely interested in the welfare Of The city
and State are to compose the ma iority of
,he directory in the new enterprise 10
whom are TO be transferred the rights
and franchises Of the company appears TO
me 70 be guarantee that Tie interests of
the Safe will be protected, and the road
completed a as early a day as possible
IN view of all this l ara clearly OF opin- |
ion that It is better for the State to submit |
70 immediate adjudication whatever inter.
es- she nay have IN the pending ccntro-
versy. and l therefore have 20 uest that |
you will sign such an agreement as viii |
bring ali the matters included II the plead |
ings before the courts for iumediate and !
final adjudication.
Very respectfully,
WILLIAM P. KELLOGG.