| Engineer Bureau |
| June 29th/63 |
| |
| Captain J. A. Haydon, Corps Engrs
P. A. C. S. |
| Knoxville, Tenn |
| |
| Captain, |
| You are authorized
to make to the Rogersville & Jefferson R. R. Co., the proposal
named in your letter of the 15th inst to this Bureau, viz: "To
pay off all those liabilities for which the members of the Board or
any Stockholders with them jointly have become personally responsible,
and for which liabilities they have no other collateral security than
the R. R. itself, and to restore to the company the iron, rolling
stock and machinery of as good character as those now taken from the
road" but the restoration must be six months after the close
of the war, and not at the close, as named by you. In paying off
liabilities for which the members of the Board, or Stockholders, may
be responsible, the proper vouchers and transfers in favor of the
Government must be made, to be used as evidence of partial payment
when the time for restoring the purchased or impressed iron, rolling
stock and machinery shall have arrived. |
| The Government will
agree to pay the interest on the Bonds issued by the State of
Tennessee to this railroad Company, until restitution be made. The
railroad Company should be allowed interest at seven per cent per
annum on the value of the property taken (less the interest to be paid
on the Tennessee State Bonds) until the iron, rolling stock &c
shall have been returned. |
| For your information
and guidance I send Genl orders No 85 A&IGO June 16th 1863. Should
there be delay in the hearing of the case -- application for
dissolving the injunction before Judge Welcker please notify this
Bureau by telegraph. |
| If you can still
arrange the terms of purchase directly with the agents of the
Rogersville Company, I would prefer it: terms liberal to the company
will be approved by the Hon. Sec. of War. |
| I am, Sir, Yr obt Servt |
| J. F. Gilmer |
| Col Engrs & Chf of Bureau |
|