The weekly Iberian. (New Iberia, La.) 1894-1946, 1907-03-16
RUMORS or A
COMBINATION
The K. {. s., N. 0. {. 4 Wn. and
Central K. R; .f Louisiana Sup
posed to Have Combined.
New lberia's Interest in tho Deal
and What il Would Mean.

The first publication Of In
charter of the Central saiIro,
co. Of Louisiana was made O,
April 7th, 1906. The domicllc O
the Company was declared to br il
this city, and il has maintaiuc,
an open Office here ever since.
A petition of The taxpayers o
New Iberia WAS prrarntcL to til,
City Council On May I,h. 1906
pray ing for an election to yOt,
upon proposition /" pay th,
." "ntraf 500 200, in ten annua.
Instruments prrdica'rd upon ~ (
mill special tax fr To years o,
less, Ia may bc required 10 meet
the obligation.
ne pet WllloIi vecl,cu:
The snid tentral Railroad OF L,ui.i
.'in shall iuild. Coz s'ruci ANA co,nuletc
thronsl ,hrC,y of New ineri.. II ,niirund
line" "N'",r ing II an t,a crn direction from
In n Western ar y ,rii,w.t.icrn dircrt.on
'f'h' s"id S''N, 'isiahr" of ~ least one
',uharrd hiis@, to polnt connecting with
II tiuhi, railway line. othcr than the south
nrn P.ciiic or my ofts q, mpon., lines"
|: The snid raIlwa, line shall be- runplc'-
fd hnd Ia operation within the year ia0n
prov vi3td that IN the rv.n' ~ uuurnntinca
'bdch,irs. strikeh. lpcisou's aud litigation
'etardina The complexion aud putting In
'pcr"'io" Of aali road. aud other unforA. en-
circumstances " II nature % retard lilo
~ hid railway. ana beyond
he control ~ tbs Central Railway Com
'""y "f I'nnisiana then therc shall be- add
n Ia The period fpr the completion above
et out. f'rther DELAY equal 10 the time
|uri"g which the construction ~ the said
oad was thus unnvoid ably delayed.
See. 3,4,5, and q provided for
sta blisliment Of terminals In this
ity and governing their mamie
lance here for II period ri ten
ears.
Sees Z, $, and . governed the
ianncr OF The annual pay mcn,s
D the road.
II will be seen that the company
al lost none Of it's rights or priv
eges by the long period Of III
ctivity, dating from the 4ih Of
Ist July, when all grade building
an called off. Sec. = provides
y delays caused by "unfors. en-
rcumstances OF II nature ' ~ be-
Dnd tho c0nt,Ol' Of the com
any.
n. o., Z. 4 Wn.
In the case uf the Owens road
'e conditions Of the petition are
atetially different.
The main line OF said railway shall
built ana competed from. the Mississip
river dts trains entering New Orleans,
rougn New iberia. Ia or beyond Crowley.
d meeting ind connecting with u trunk
llr.ad. other than the Southern Pacific
The kansMs City Southern or their COM
nent lines such M will give New Iberia
'ect connection With points Wet Of the
lte of Louisiana.
The said railroad shall be built and
npletcd. NJ line independent Of either
} Franklin and Abbeyil the Kansas
y southern or the Southern Pacific Rail-
ID. or any rnilroAd Owned or.ppcratcd by
her Of said compxnies.
The actual construction Ut said rail-
u shall commence within one year OF u q
Ut the result Ut said election.
tho said railroad snail bc completed
In 0rptration through the city Of New
ria between the places ana the connec-
M spec fel above, within three years
reNfter; provided. however, that IN
mt Of 4uarxntines OF yellow fever, there
III be added to said term Of one year. and
four years respectively. u further de-
equal To the time said fever or qnarnn-
0 existed. :
Sections 4, 5, aud 6 provided for
e anoun, Of the bonus, 1850, ,O0OG
rate Of tax, e mills); time, 10
ars; conditions Of payment Of
annual installments, and the
IN OF ballot.
The special election for the A.
ve two propositions was held 0D +
> 9th Of June, 1906. and the re-.
'ns were promulgated on June
ID, 1906.
twill be seen, from the above, I
It the Owens road must begin 4
'ldiDg within the next three !
'nths, or q forfeiture 1T the
1000 voted by this city will en-
J. This journal is inclined to 1
, view that any consolidation
th the Kansas City Southern
L bring about . like result.
II, on the other hand, the x. C.. |
acquires the Central and III.
rtakes to carry out the condl-
m imposed upon the Central. ~
ablish t0fmlnals. machine sb0ps