The Pulaski citizen. [volume] (Pulaski, Tenn.) 1866-current, 1879-12-25
Special to the Courier-Journal.

such particulars as he was prepare,
to give to the public concerning tn
matter:
Special to the Courier-Journal.
ATLANTA, GA, Dec. 15.-The sal
of the projected Georgia Western
R. r TO the Louisville d Nashvill,
railroad was fullycompleted and eff
cially announced to night. W. L
Calhoun, Mayor of Atlanta, and R
F. Maddox, merchant of this city
are the trustees for the L. & n. Co
Books of subscription will be open
in few days. and as soon as 500,
900 to the stock is secured in At
lanta the work of building the road
will be commenced and rapidly
pushed forward to completion. The
road ID to extend to Decatur, Ala,
on the L. d n. railroad, I76 miles
from Atlanta, and will give the L.
& N. an independent line to At
lanta. Price paid $4,000. The
property conveyed consists of the
franchise, right of way. the road
bed-twenty six miles Of which are
graded-and four acres of lard in
Atlanta. The road will pass thro'
the richest coal and iron land of
Alabama, and will add greatly to
Atlanta's commercial prosperity.
The people of Atlanta are greatly
rejoiced at the road passing into
the hands of the L. & n, and the
100000 asked will be raised in
short time.
The following Is the substance
of very interesting interview with
Mr.. Newcomo:
1t now transpires that the L. and
N. has been quietly at work for sew
eral weeks past, procuring through
secret agents, the franchise and
road bed of the partially construct
ed Georgia Western road. This
valuable charter was granted a
number of years ago 1--WE believe
before the war;, and possessed,
among other exceptional and un
common grants, banking privileges,
So quietly and secretly has the
whole transaction been managed
that only few of the directors Of
the company were cognizant of
what was transporting, and it is now
developed that the special called |
composed OF only the CITY |
directors and Mr.. Green, of New |
York, which was held here last |
week, authorized the President, the
Vice President and General Man
ager to secure this property upon
such terms as they deemed advisa
BILE. The trade was then practically
consummated, and the contract
signed.
All that was wanting was the In
1orsement of the attorneys of the
road that The franchise had not
apsed and the charter was all right.
The deed Of conveyance was re-
corded at Atlanta only Yesterday,
so that in fact all intelligence was
premature and unofficial up to this
moment.
Col. DeFuniak, General Manager
If the L. d N, arrived at Atlanta
Sunday night, Col. Cole, ex-Gov.
Brown and other parties, who were
,Ontending for the control of the
ranchise, being already upon the
ground. The agents OF the L. & n.
lad already got to their work, and
he other gentlemen were too late.
The Importance and value to the
louisville and Nashville" said Mr..
sand the advantages
which she acquires by this stroke
If strategy, can only be family real
zed.
1--WE have acquired, for a mere
ong, a road which the city of At
anita has already expended half a
million dollars upon, with valuable
Iepot and terminal facilities at the
ity of Atlanta. The road is graded
ONE thirty seven miles, and it will !
ap fine mineral region, supplying
be city OF Atlanta with cheap and :
nexhaustible fuel, a boon to the {
eople of Atlanta, which they will :
o doubt appreciate, as cheap coal =
5 all that is wanted to make that {
ouris hing city a great manufact {
ring center.
"That the people of Atlanta will {
ppreciate the helping band of the {
louisville & Nashville road which I
5 extended to them, no one can /
oubt, who knows her people" ,
We learn upon the hest authority
nat corps of engineers will be I
ent out Immediately to survey i
9th of the projected routes, as the
harter provides for the building {
{ the Georgia Western road from
.tlants to Birmingham, Ala, or !
Decatur, and the Louisville and
Nashville has thus the choice of the /
wo routes. Until the surveys are !
they cannot determine
hich route they will select. Q
In answer to the question, "What
dvantages are acquired" Mr.. New {
Omb said:
''By this movement the Louisville \
nd Nashville will secure an indie
endent line into the city of At I
Inta, and obtain the advantage of
er long haul to Decatur or Bir- !
lingham instead of delivering her
'affic and passengers to the Nash b
ille and Chattanooga at Nashville, 1
5 she does now, only obtaining lS6
tiles haul" +