The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1876-01-09
DALLAS AND WICHITA RAILROAD.
History 81 the Enterprise From lis
Inception 10 October, is7i,
OFFICE DALLAS AND WICHITA IL. r. Co
Jullng poXag January Z, 1870,

10 the Editor Of the Dallas uepldi
The article appearing IN your edlto-
rial columns this mornlngis 80 glnring-
ly uajust 10 mo aud my associates that
| am compelled to answer, although !
had determined not TO be drawn into Il
newspaper controversy. You say
"A few years ago, when Dallas was
by no means the loyeliest city Of the
plain, and when dreams of its future
greatness we're confined to faithful
few, II number Of gentemen--iilled
with energy and enterprise--concelved
the project of completing this line, and
forthwith bent their energies to the
task. But We regret to say that these
efforts were In II measure neutralized
by parties seeking rather to speculate
than to build railroads 80 that after
princely city subscription OF nifty thou
sand dollars, after II reported compile
ton of seventeen miles OF grading,
under the hoartest cooperation OF our
citizens, the stockholders became dis.
satisfied and effected the change Of
officers which resulted in the election
of Major Clark and his associates.
These gentlemen are the accredited
representatives of seven hundred and
five shares of stock, being u majority
of SIX hundred and forty-one shares of
stock held" ||... ...
With your permission, we will look
ut the situation "a few years ago.
On the second day OF December, 1872,
the Dallas and Wichita Railroad Com
pany received It's charter. The "gen-
| L..
prise n--0r In other words, the origi-
nal incorporators-w Il. w. Cullen,
w. j. Clark, j. A. Hawkins, Henry
Ervay, Fred. Cullen, j, w. Swindells,
George Brainard, Cicero Cullen and
ID. w. Haynes. "They forthwith bent
their energies to the task" Their own
record will best show the "bent of
their energies" and the nature of the
"task" accomplished.
The first meeting of the lncorpora-
tors was held December 18th, 1872,
aud the following officers were elected
Il. w. Cullen, w. j. Clark, Henry Err
way, j. A. Hawkins and G. G. Brain
ard Directors; E.W. Cullen, Presidents
w. }. Clark, Vioe-Presldent.
AT the first meeting of the Directors,
held on the first Monday in January,
1872, it was resolved "that the Directors
and Corporators take stock according
to said railroad charter in said compa-
ny, and that the books be kept open
tor TINT purpose thirty days
AT meeting of the said Directors,
held February 2G, 1873, "the President
having communicated the fact that W..
j. Clark had not subscribed for stock
rs required by the charter, therefore
the resolution appointing him manag-
ing director was rescnded by u unani-
nous vote"
At meeting held on March W,
1873, at was unanimously resolved
that three new directors be elected,
wherenpon A.. NJ. Cochran, w. j.
Crowdus and w. j. Clark were duly
elected" w. j. Clark was then 10.
elected Vice-President, and upon mo-
ton, seconded by j. w. Crowdus, it
was .....
ieS0lued, That one thousand dollars
worth of paid stock be voted to the
President and each Director of said
company, to remunerate them for the
time and labor aud expenses, to be
hereafter incurred in attending to the
duties incumbent on them as officers
in said railway company. .e
1t was then moved and seconded that
certificates for all stock, as it appears
on the books of the company, be is
sued, which was unanimously adopted.
The stock issued was to h. w.
Cullen, 220 shares; to Cicero Cullen, 20
shares; to Fred Cullen, 20 shares; to M.
G. Cullen, 10 sharesl to II. S. Ervay, 20
shares; to j, A. Hawkins, 20 shares, to
i a. M. Cochran 10 shares (Which he af-
1 forwards returned to the company to
be cancelled to j. w. Crowdus, 10
shares, and to w. j. Clark, 10 shares
Three hauotlred and forty shares Of stock
issued and not one dollar paid into the
/ Treasury! They " bent their energies
to it," you know! Remember that not
II stroke Of work had been done on the
road-not line run even, up to this
time, ~tit*%A- "+'rtN
1t is well known to all who were oit-
liens of Dallas at that time, that the
Dallas and Wichita Railroad Company
was burlesqued by our amateur play nc.
tors, made the butt of every boys joke,
and that proposition to ask aid from
the city, which had been ordered by
the City Council to be submitted to a
vote of the citizens, was laughed dom
and ,vithoh'a,on. ~ a, -.-
| Now come the spectators Il B
~"But, we regret to say, that their eff
forts Were, in a measure, neutralized
by parties seeking rather to speculate
than to build railroads" The parties
referred to can be no other than my
self and associates. What did we do?
The record will show:
Sat a meeting of the Directors of the
Dallas andWichita Railroad Company
at their Office, full Board being pres
ent, the President announced that he
and his sons contemplated, and had
agreed to sell their interest In the char
ter and stock in said railroad company,
and would transfer the same to j. w.
Calder and his associates" ''rhe
Bohrd approved of the course sug-
gested by the President, and unani-
mously sanctioned tho transaction. II.
w. Cullen having resigned, j. w.
Calder was elected President of
the company by an unanimous vote.
AT meeting of the Directors held
June 5th, 1873, 1t was resolved to pc
tition the City Council to submit a
proposition to the citizens of Dallas
to take,stock in the Dallas and Wich-
tia Railroad Company, to the amount
Of 100000, and to pay for the same in
city bonds. w. j. Clark and j. w.
Crowdus voted against the resolution.
At the next meeting of the Board,
hald on lima 9Th 1874 fha nafifinn ho