| From the Memphis Avalanche |
| |
| April 16, 1861 |
| |
| At a meeting of the
stockholders of the Southern Pacific Railroad Company, held in the
city of Memphis on the 21st of March, 1861, the following resolution
was adopted: |
| Resolved, That each
stockholder of the Company is advised to subscribe for and purchase
one share of the unsold capital of the Company for each five now held
by such stockholders, at the price of five dollars per share, and pay
one-fifth the purchase money in cash, and the remainder in two, four
and six months from this date; and that R. V. Richardson, Agent,
appointed by the stockholders at Louisville, Ky., receive such
subscriptions on behalf of the Company. |
| R. V. Richardson |
| Chairman |
| |
| In pursuance of the above
resolution, I shall be at the office of Dr. J. Fowlkes, on Jefferson
street, or stockholders can call at I. B. Kirkland's Banking House and
pay as per the above resolution. Necessity has dictated the policy of
protecting all who pay, and cutting off all who fail, refuse or
neglect to bear his due portion of what is essential to a common
interest. The policy is strictly just, and will be certainly enforced.
All who pay must do so promptly. |
| R. V. Richardson, Agent |
|