| From the Dallas Herald |
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| April 17, 1861 |
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| Sale of the {Houston
&} Texas Central Rail Road |
| This road with all its
franchises, road bed &c, was sold on the 2nd. inst., and purchased
by Messrs. Hutchins and Paige. The law requires that all real estate
should be advertised twenty days before the day of sale, and the
advertisement posted in public places. But what is law in a mere
matter of "moonshine?" |
| The sale of this most
magnificent Central road was quietly effected, and when announced in
Houston, there was astonishment and surprise even there, for but few
knew anything of it, perhaps none but those who wanted to purchase the
thing. The stockholders will naturally feel indignant at being sold
out, but so far as their expressions go, they seem to feel relieved.
They say they like to see a clean sweep and nice affair made of it, by
a general wipe out of all the trash that might be in the way. But the
coolest thing in the whole is the offer of Mr. Hutchins to the
Stockholders to pay themselves back into the concern -- just as a man
would expect to get out of mud hole by going deeper in. The
Stockholders up here say "all right," that another agent
ought to come up and solicit subscription and stock, and that they
have been "done for" by the company &c. Some even
venture to borrow the old clothes of the Southern Pacific Railroad,
and call the whole concern moonshine, swindle and various other
ugly names that certain people used to bestow upon other railroads.
The idea of dressing up the Central in the cast off epithets of the S.
P. R. R. Too bad. Our own private opinion is that the sale of the road
is the best thing that could have been done for it. The company,
Stockholders large and small, &c. were too unwieldy, and the
lopping off of the small branches will only make the truck grow but
the faster, Messrs. Paige and Hutchins make a liberal offer to the
public and we hope to see the road prosper, and above all let be built
to Dallas. |
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