NA, SWR 7/5/1862

War Department
July 5th 1862
 
Hon G W Randolph
Secy of War
 
   The following papers were submitted to me with your endorsement to "examine and report on their regularity."
   1st Letter of James L. Price introducing R. H. Hudson
   2nd    "         A. S. Gaines                           "
   3rd     "        G. G. Griffin Presdt: In respect to the loan, and the necessity of its immediate advance
   4th A Power of Attorney from G. G. Griffin Presdt A. & M. R. R. R. {Alabama & Mississippi Rivers RR} properly attested, to R. H. Hudson authorizing him on behalf of the Company to receive and receipt for the sum of $150,000 appropriated by Act of Congress approved Feb 15th 1862.
   5th A copy of the Mortgage deed executed by the A. & M. R. R. R. Co to secure the said loan
 
These papers fully authenticate Mr. Hudson's character as agent.
   It appears from a letter of A. S. Gaines to you dated June 20th 1862 Special Agent that the Mortgage Deed was recorded in all the counties through which the Road passes. That letter inclosed a copy of his report of the 24th April 1862, from which it appears that the securities taken by him on behalf of the Government for the said loan of $150,000 were
   1st The note of the Company payable to the Confederate States for $150,000 two years after
   2nd A mortgage on the Road bed fixtures rolling stock depot property machine shops &c to secure the payment of the note.
   3rd The obligation of the Company with ample personal security, for the prompt and faithful application of the money toward the completion of the road.
   4th An agreement by the Company in the meantime to transport promptly over their Road or any part of it, troops, munitions of war provisions or other articles which the Govt may desire to forward, and to credit any expense thus incurred by the Govt on the note of the Company till the amount there of be extinguished.
   It seems that the original deed, and the Company's note for $150,000 was mailed by Mr Gaines, and lost in transit. See his letter of 20th June 1862. Mr. Hudson thinks the Covenant for the faithful application of the money, and the agreement to transport supplies &c & credit the freight were in the same package.
   These papers should if lost be ??? by the execution of Duplicates.
Respectfully
R. G. H. Keane
Chief of Bureau of War

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