The People's vindicator. [volume] (Natchitoches, La.) 1874-1883, 1880-08-21
New Orleans Pacific Railroad,

New UfleonS l'4Cluc k3lIFO20.
From the annual report Of tho
Texas Pacific railway We extract the
following relating to 'he
NEW ORLEANS PACIFIC RAILWAY.
BY IN arrangement with the par.
ties who have undertaken the con-
struction Of the New Orleans Pacific
road, stock holders ot the Texas and
Pacific Railway Company. and in the
companies forming one OF Us con
Meeting lines, the Missouri, kahs' ..
and Texas. and the Missn +, Pacific
Railway companies or their assiF' :.
have the option to subscribe tyr $2,-
100000 Of bonds end sl,No,"N ~
capital stock offer. d by the Constru. {:
ton Syndicate. to be paid for 1t the
rate of $500 In cash for a 81 900 6 per
cent god bond, and $4,000 par value
Of the capital stock OF that company.
This New Orleans Pacific Railway
Company is organized under special
acts Of the Louisiana Legislature.
and its charter is perpetual. The
main line OF road OF the campauy ex-
tends from Shreveport via Alexand.
ria-which is below the rapids on
Red River-to crossing Of the Mi .
sissippi River near Baton Rouge. anu
from thence to New Orleans, about
1926 miles, and ia the longest line Of
road, projected or constructed, in
the State OF Louisiana II passes
through the oldest and most thickly
settled and the finest agricultural
portion OF the State. and has directly
tributary to 1t the rich parishes OF
Oaddo, DeSoto, Red River, Natchito.
ches. Sabine. Rapides, Ayoyelles aud
st. Landry. on Red River and tho
Atchafalaya: and Pointe Coupee.
Iberville, Baton Rouge, Ascension.
st. James and St. John Baptist, on
the Mississippi River.
The line has been we'll located.
and a. about l65 miles are already
graded It can be completed ct q very
reasonable cost. The maximum
gradients are but 80 feet. ard these
in favor OF the heavy tratlc: It ia
practically descending grade for
its entire length to tide water. and
az there Is very little curvature It
may be considered one OF the most
favorable located lines for economi.
cal working. There Is but one truss
bridge on the line. crossing the Atch.
afalsya River. which will secure
cheap cost In operation and main
tenance.
From Shreveport to Cotile, a point
on Red River north of Alexandria. In
u fine agricultural country, and along
this part Of the line q bale Of cotton
to the acre, and from 30 to 40 bushels
Of corn. together with wheat, oats.
tobacco. hemp and live stock are
easily raised. From Ootile south the
line passes through what is known
as the Delta Of Red River, the rich.
est and most productive portion Of
the State, extending for upwards OF
200 miles along the valleys Of the Red
and the Mississippi rivers. It ia
through this section Of country that
the enormous crops Of sugar, cotton,
corn. &C.. have been produced for
years without any impoverishment
OF tho soil. On many OF the sugar
plantations 1890 pounds OF sugar
and three barrels of molasses per
acre have been readily made year
after year for many years. and from
q bale to q bale and q half OF cotton.
and good crops Of corn and small
grains are grown in the came loca.
lities. The country ia we'll settled.
and It is believed that the local bu.
siness alone will more than provide
for the fixed interest charge on the
construction bonds Of the company.
that are limited to an issue Of $50. O10
per mile OF road.
The distance from Shreveport to
Baton Rouge Ia about $50 miles. and
the completion Of this road to that |
point will make tributary to the Tex.
rs and Pacific lines the enormous
traffic OF the Mississippi. the Ohio
and Missouri rivers and their tribu.
tary streams, At New Orleans the |
largest vessels can discharge and re-.
ceive freights alongside the railway
company's warehouses; aud besides |
the cotton, hides and wool from
northern and western Texes that will |
naturally seek this outlet for foreign
ports It Is believed that q very large !
business will be done in the ship |
ment Of provisions. grain, &C., from |
the country naturally tributary to
Kansas City. and that return freights |
Of sugar, coffee and other imported !
articles intended for distribution
through northern and western Texas.
the Indian Territory, Kansas and
western Missouri will be forwarded
via this line, as it will be the short.
est all.rail route. worked In q CON-
mon interest, between Eavigable
waters and these different sections
Of country. There will also be a
large and valuable traffic In the In.
terchange OF business between this
New Orleans line and the st. Louis,
Iron Mountain and Southern Rail.
way and its connections: and via
this road It will furnish another all.
rail highway between st. Louis and
New Orleans.
Az the Interchange OF business be.
tween your company and this New
Orleans Pacific Railway Company
will be 90 large, and the business re.
latlons 30 intimately connected. your
board recommend to the st0ckhold. |
ers that the officers Of your company
be authorized to negotiate for a con.
troll Of the corporation. as the road
shall be completed and equipped.
either by consolidation and mer.
ger Of its corporate property and
franchises. or by an exchange OF
Texas and Pacific Railway Company
capital stock for the stock Of tho
New Orleans Pacific Railway Com.
Pany; provided, however, that no
Issue Of capital stock shall be made
10 excess Of $?O. 900 per mile OF road
90 acquired.
Col. THOMAS ScoTT. who signs this
report. gives . tine description this
country, aud We should judge from
y