American citizen. [volume] (Canton, Miss.) 1864-1890, 1876-03-18
THE NEW ORLEANS, ST LOUIS AND
CHICAGO RfILROID.

asst week, the New Orleans, st.
louis and Chicago Railroad has
,een placed in charge of a receiver,
m an application from the Illinois
central Railroad Co., in accordance
With the terms of a deed of trust
leld by the latter on the property
IF the former corporation. The |
is for the sum of eight /
and it is alleged that the
interest has been unpaid for more
than a year. The counsel for the
N. O., st. l.. and @. company acqui-
esced in the application, as they
thought this the best means of Sc
curing q satisfactory adjustment of
all claims against the road. The
causes which led to this arrange
ment have been such as to reflect
no discredit upon the managerial
of Col. McComb and his
able corps of assistants. When the
McComb company purchased the
roads that form the New Orleans
and Chicago line, they were out of
repair and in the wretched condi-
ton left them by the war. The
changes wrought by the purchasers
have been marvellous. The roads
have been put and kept in fine run
ming order; the branch road to
Kosciusko has been built; the line
has been extended from jackson,
Tenn, to Cairo, H., making in all
one hundred and twenty three miles
of new road, with additions of roll
ing stock in proportion and every
thing necessary has been done to
meet the increased demands of the
public for travel and freight facill-
ties between the fertile sections OF
the South and the great centres OF
trade and population. So efficient
has been the management of this
line by Messrs. Edgar, Frost, and
their subordinates. that it is spoken
of in terms of the highest praise by
all travellers, and even Northern
men, accustomed to the palatlal
railroad accommodations of their
own section, have warmly cons
meDded the Great jackson Route.
In this regard it has presented a
strong contrast to some other South
ern roads, which fell into less capa
BILE hands.
The McComb administration, says
the jackson Clarion, have done all
that men could do to overcome the
numerous Obstacles with which
they have had to contend. They
could not control the angry floods
of the Mississippi river, by which
the levees were washed away, and
it's waters turned loose upon thirty
miles OF the road bed, their business
virtually suspended, and the eleva-
ton of the track over the swamp
between Manchac and New Orleans
rendered an absolute necessity
the whole, in loss of business and
repairs, involving an immense sum,
certainly not less than a million oil
dollars. Nor was it in their pow
er to prevent the financial trou
bIes that have embarrassed all the
enterprises and industries of the
coustry, and have horne with pecu-
liar pressure upon railroads, as evil
denced by the large number which
have gone into tue hands of receiv
ers, or utterly failed, during the
past year.
The New Orleans, st. Louis and
Chicago Railroad enters Mississippi
at the northern boundary, and in
tersects the State to its southern
border. The interests Of the road
are, therefore, closely identified
with those of our people; and no
matter under what management it
may I've placed, the success of the
one will necessarily operate to the
advantage of the other, and all that
will tend to increase the business Of
the road viii develop the resources
of the State. The road will con-
tinue to receive the patronage and
good wishes of all our people, pro-
vided the new management is char
acterized by the same spirit of lib
erality and justice which marked
the old.
The receiver appointed by the
court, at the request of both cor
pOrations, is Mr.. Alexander, a New
York capitalist. lie is said to be a
gentleman of fine executive ability,
great wealth, and enviable reputa-
ton for integrity and fair dealing.
Call for a State Convention of Col