The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-03-17
THE NEW ORLEANS DEMOCRAT, SUNDAY MARCH II 1878.

corporators were among the tlrst q No .rsa |
tss az
bad been nerred b. the Z t 1ns
struction 81 railroads could not be procured n
Louisiana and It was necessary TO se am Sh1s
np o ba The The poad
as as's BRANCH Of nt The " Texas Pacific Rail-
way. TO do this the compaanGy was Hp.,, me-
has already begun work, and but for inter.
on the ppt 81 ss bae ne
shr se to he Bossier hills. The com pany
Incorporated incorporated had raised more money tran The
whole Of coq ia raise oa s
tert to be Invested Of its franchises without an
act Of forfeiture. and the passage OF this bill
least impolltic to charter two roads over the
same route. as those roads must necessarily
come in conflict and impede the construction OF
q road OF the utmost i'm porfanee to the PUBLIC.
The bill was also unconstitutional, as 1t d.
vested the vested rights acquired under the
from Cooley on Constitutional Limitations"
in support Of his position. The authority
cited was to the effect that contracts with States
were protected under the constitution as much
These close acts OF corporation are contracts.
and the grants they make cannot be resumed
The. property OF the North Louisiana road.
vested by this charter could not be taken from rom
could u manage II to better PURPOSE. 10 do this
1S1;a " sss the bill repealed the
charter Of the North Louisiana road. Ii not he
could not, vote against the, bill unless that com,
| pany could afford showing of its purpose and
Mr.. Wise said, ia behalf of the bill, that all his
company asked was for the Legislature to pass
| this bill, giving his friends equal rights with
court. to decide the question OF constitutional
yng RSTss p Sa IL i %Sad oy sS S5d
ard represented would build their road. he was
assured The other company would risk ,, no
that company had failed to do anything at all.
| This company having done. nothing in 1875.
| the people became aroused to the necessity
| Of completing the gap Of ninety miles from
Shreveport to Monroe.
The consequence was q rousing railroad
mss ngdnsa o s gaSs e s
Louisiana road. and ask them to open their
books for subscriptions. expecting. Of course,
directors to be held subsequently. The direc..
tory replied that this, was asking too much OF
them that they should giye up their charter 81.
road. The offer was declined. and the mass
bad 5ar aesd
negun work. He had telegraphed to ascertain
the amount Of this work. There had been 1000
Estimated a cost Of sleo This was The WORK
that had been plished in two years.
Mr.. Wise read mem orial signed by some 300
the, bill: also a memorial sf the City Council
and a dispatch from the Cotton Exchange. All
asked ahd fair int with the
would go to work he would guarantee that the
company asking this bill would not stick spade
Mr.. Leonard. In reply. read certain resolu
agreeing to open the, books il $4,000 would be
hon nod nd nor hof
amount tive we're s raised. They could not do It, and
said they would have nothing to do with the
hen aaa s noa ne mosa
representing $50. 900. and are able to build the
road at least through the swamps opposite
The House refused to recommit to the Com
mittee, on Railroads. and the bill was read
Mr.. Leonard moyed. to amend by requiring
the whole work to be finished in five years that
work shall be begun next January, and ten
miles finished In twelve months east from
Shreveport.
done and the iii passed e its third reading.
amend the charter of Shreveport.
Mr.. Keeting opposed the bill.
a s his
the New Orleans sayings Institution, and the
The conference committees on the revenue
and levee bills reported. and their reports were
adopted.
The House took recess till 80 D. m.
Evening Session.
| The Speaker called the House to order at 8 ..
M. SO members and quorum. The Speaker
announced that neither the clerk nor assistant
clerk were present.
Mr. Sartain offered resolution that when the
House adjourns this evening 1t adjourn as
| mark OF respect to Judge J. E. Leonard.
| Mr. DinBgrave hoped the gentleman would
not press the resolution, as Judge Leonards
friends had the matter under consideration and
| would present a proper resolution.
| Mr.. Warmoth asked leave to Introduce bill
to incorporate the Lake Charles ua) and
Orange Railroad Company.
| There was objection made and a general
hubbub ensued. motions being made for va
rious persons to act as clerk,
| Mr. McGehee objected and thought the House
had best adjourn. and motion to that effect
was made.
| Mr.. Keeting and others who wished TO take
up bills talked against time till the Clerk ar
| rived. and the House proceeded to business.
| Gov. Warmoth called up his bill and the con-
| sent of the House was given to receive IT, 1t
was pressed through under suspension OF the
t.,,1o1 r11xrr1