| From the Galveston News |
| |
| March 14, 1861 |
| |
| Memphis & El Paso R. R. Co.
{Memphis, El Paso & Pacific RR} |
| At the late meeting of the
directors of this enterprise, at Clarksville, Red River, Co. Col.
Bennett was elected president to succeed Mr. S. H. Morgan, resigned.
The Standard says: |
| The freight on the iron was
provided for, and in four weeks probably, there will be a commencement
of track laying from Moore's Landing westward. The twenty-five miles
advertised for grading from Robbinsville to five miles west of Paris
were let on satisfactory terms to Capt;. J. H. Pratt: large claims
against the company were adjusted by land script, at fifty cents per
acre. The company is almost entirely our of debt and in a condition to
move onward, notwithstanding the hard times. One hundred and forty-six
miles are now under contract. Fifty miles from Moore's towards
Clarksville, are ready for the iron, which will be put down immediately.
Twenty-five miles of it are now purchased, and at Alexandria and New
Orleans, will be first put up. |
|