NP, NODC 4/22/1861

From the New Orleans Daily Crescent
 
April 22, 1861
 
Southern Pacific Railroad
   The attention of stockholders of the Southern Pacific Railroad Company who have failed to pay up their stock, pursuant to the requisition of the late meetings at Louisville and New Orleans, is specially directed to the advertisement of Col. R. V. Richardson, agent, to be found in another column. We regret that the stockholders have not paid up more generally; but if they will not come forward and pay up, it is clear that the road will be sold under execution, and that the important and valuable franchises they now possess will pass into the hands of those who may purchase the road at legal sale. All this was clearly set forth in the speech of President Stevenson, at Armory Hall, some weeks ago, by the lately published letter of Dr. Jephtha Fowlkes, and by nearly all of the newspapers of the city and country. Therefore, no stockholder can justly plead ignorance as an excuse for non-compliance. We shall regret deeply to hear of losses in the premises; but if the road is sold, those who have paid up will have their rights amply protected by the new company. To this end they have the word of honor of unimpeachable gentlemen.
   We really hope that the non-paying stockholders will go forward and pay up at once. It is their interest as well as their duty to do so. The office of the company is at 84 Common street.

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