The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-06-16
sTHE TEXAS TRUNK.
Eating Of Stockholders Looking TO a
New Organization.
s,,,, Beseiged by Creditors, but a Good
Outlook.
Same Other Interesting Local News.

kuu
c,lonel D. K. Sortwell, of Boston, the
,.,ssst stockholder in the Texas Trunk
.,.Sspd Mr.. Charles Stepath of New York,
.,,o,nsy of the road arrived in the city yes.
...Ssv morning, and met the local stock.
sJSsrs at the law office of Messrs White
w Plowman for the purpose
y nerfecting a new organization and take
s.ns 10 build the road at as early q day as
n'",issible. Nothing of special Importance
~ done Yesterday, farther than TO taking
.,sliminary measures looking to new or.
rp.niration. To-day directory will be
ss'srted, and they propose to begin work
!, once and push the building
Il the line as rapidly as possible. The
names Of the local stockholders are those of
Isadipg citizens, who are possessed of
means and who have the welfare of
DJIas at heart. The new company
arOpose to make it Dallas enterprise.
IN names of the local stockholders are:
usssrs Sanger Bros, Schneider h DAVIS,
/ A. Pires, - Newman, Il. G. Childs, ],
II. Britton G. A. Heating, r. W. Temp
tins, H. +. Underwood, Judge White, 4.
l. Marsalis, and Adau & Leonard.
The names OF the foreign stockholders
Az, Messrs. ID. r. Sortwell, McKeen, L.
Ey, c. Stepath. Benedict, Peyton. Blount,
Ccnnant, ODER, Rogers, French, DOugherty,
Don Goadale, Morse, Day Gilman, Murray,
Mechanics Savings bank, of Nashua, New
Hampshire; Gilbert, Parker, Shepherd.
iaron, Moran, Mortsend, Schroeder, Nc
MILAN, Sanburn, Philip Ely, Simond and
yckery.
county, arrived in the city and will en-.
dsayor by liberal offers to induce the COM
psny 10 divert from the original course of
the road and build south from kaufman to
Houston through the counties of Hender-
son, Fieestone, Leon, Madison, Walker,
Montgomery and Harris and tap
county, TO run southeast ward through the
area. pineries to Sabine Pass or some suit.
able point. This would carry the line
through rich and fertile country.
The road is still being besieged by cred.
TORS, however, as will be seen by the follow.
ing petitions OF quo warranto, notwlth-
sanding its sale
PETITION OF QUO wARRANTo.
JIG. Matthews. district attorney for the
eighth judicial district of Texas, on the part
Of the state has filed in the office of the dis
trict clerk of Kaufman county petition OF
quo warrant0, complaining Of the Texas
Trunk Railway company, a corporation
duly Incorporated under the laws of this
stale on the 9TH of November 1879, whereby
The railroad company Was entrusted with the
exercise OF portion OF the sovereignty OF
The said state OF Texas, to wit:
The powers OF Condemning lands of its
citizens 10 its use and benefit under the
laws Of eminent domain, for the purpose OF
building and constructing line of rail.
road from the city ofDallas, Dallas county,
Texas, to point on the Gulf of Mexico, ut
i near Sabine Pass, in the County of JEFF
Arson, State of Texas, to pass through the
Counties OF kaufman, Henderson,
Anderson, Cherokee, Angelina,
Tyler, Hardin, Jefferson, Jasper, Newton,
ETC., in all distance OF about $50 miles.
he alleges that the defendant has wilfully,
negligently and fraudulently acted and used
MpOwers and privileges and conspired and
coniederated with sundry persons outside
oithe state of Texas to cheat. deiraud,
!Vndle, irjure and ruin many of the
good citizens of Texas through
malice anu gross negligence, and all
manner of violations Of the statutes Of
the state; that the company has failed and
Mise to build, construct and equip the
said road. He further alleges that
more than reas enable time has
elapsed to duly file map and profile OF
ihs lands Of the road, as required by law.
Hafnrther alleges that they have failed and
refused TO make annual reports to the state
comptroller, as required by law.
He further alleges that the COMPANY re-
fuses to take or deliver freight and passen'
gers to other roads which it crosses. That
they have failed and refused to construct
The necessary sign-boards at the crossings
ana at highway intersections. He
liufther alleges that they refuse aud fail TO
Keep the proper books of record at
their Office for the inspection of its stock
holders, for the purpose of cheating and
defrauding portion OF its stockholders and
its creditors. He further alleges that ma
iorty OF the board of directors live beyond
the control of the courts of this state, and
that they have conspired and contederated
together to cheat certain stockholders,
and that they have prevented the
annual meeting of the board. He also al
l..ges that the secretary has for along time
SINCE refused to act as such and TO discharge
NE other duties of his Office. lie further
alleges that the president and board of di.
nCtors have often issued full paid up stock
Without receiving any compensation there
9f or expecting to receive any;
laat the executive committee refuse to
assess the stock in order to pay the neces-
@sy debts. He further alleges that the
legally appointed attorney for the county
x@illegally and wrongfully dismissed and
mat the last and subsequently appointed
nlorner is now assisting to cheat and de-
haad large portion Of the stockholders
and creditors. He further alleges that by
fraud and collision the located lands Of the
company were appropriated to the personal
use and benefit OF a portion of the directors
md stockholders. He further alleges that
!oy fraud, collision and conspiracy. BY
ine majority Of the said board of
directors the road was declared bankrupt
Ma the same was sold by public cutlery to
;ap9ftion OF said directors at a price wholly
inadequate, to.wit $4,000, when S5OO.o GOO
would have been reasonable figure for it.
anu by reason of this frau.
aalent act q portion OF
%%said stok holders lost their liens and
Meir Claims. For these reasons he prays
hat the defendent have a decree against
Me delaying, the uncond' ional forfeiture
wine charter granted by the state.
a me me road Is represented by Messrs, White
SS!riowman. and the creditors by Messrs.
simpson, Williams and Barksdale.