| Atlanta March 23d 1862 |
| |
| Gov Brown |
| |
| DrSir |
| I have just returned from
Chattanooga, there is no chance to sell our Stock. We may possibly get
a dividend of 5 % about 1st April, they have on hand a large surplus
fund & I insisted on a dividend. |
| Their rolling stock is all
being pressed into service by the Government. I urged it upon them to
sell all their Engines & Cars, they will be worn out by other Roads
& returned almost worthless. They can now sell them for almost or
quite double their original cost & replace them when peace is made
at half price. I think the road will not be used further than
Stevenson {a station on the Nashville &
Chattanooga RR} (if that far,) until the war closes. |
| I could not sell your M&C
RR's {Memphis & Charleston RR} bonds.
Gleavis is of the opinion they would not sell at par, just at this
time is a bad time to offer them as a great many persons are expecting
every day to hear of the enemys being in possession of the Road. |
| Yours truly |
| Ben May |
|