NP, CCT 8/31/1861

From the Colorado Citizen  {Columbus, Tex.}
 
August 31, 1861
 
B. B., B. & C. R. R.
   The following letter from T. H. McMahan, Vice-President of the Buffalo Bayou, Brazos & Colorado Railroad, to Dr. Tait, of this place, fully explains itself:
 
Office of the B. B., B. & C. R. R. Co.
Harrisburg, Texas, Aug. 8, 1861
 
Dr. G. Wm. Tait
Columbus
 
Dear Sir,
   I have learned with regret that a move is on foot to induce the State authorities to proceed to take possession of the Railroad as a "military necessity," and that the reason assigned for this proceeding is owing to the many rumors that have been put in circulation, as I believe, without any proper foundation. During last week we had an examination of the books of the Company in connection with some of the home creditors, and the result was entirely satisfactory to myself and others -- it appearing that all the money received for the past six months has been expended on the Road, which fact the company will be pleased to demonstrate to any parties that will take the trouble to call at this office. I have determined to take upon myself the active duties of President during the absence of Mr. Barrett, and endeavor to carry the company through this crisis -- feeling confident that in doing so I shall but discharge my duties to those who have placed me in the position I occupy. I ask your aid and that of the friends of the Road in sustaining it, and hope that the company shall not be condemned on rumor. Write me fully.
Yours, truly,
T. H. McMahan
Vice-President

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