From the New Orleans Daily Crescent |
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April 22, 1861 |
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Southern Pacific Railroad |
The attention of stockholders
of the Southern Pacific Railroad Company who have failed to pay up
their stock, pursuant to the requisition of the late meetings at
Louisville and New Orleans, is specially directed to the advertisement
of Col. R. V. Richardson, agent, to be found in another column. We
regret that the stockholders have not paid up more generally; but if
they will not come forward and pay up, it is clear that the road will
be sold under execution, and that the important and valuable
franchises they now possess will pass into the hands of those who may
purchase the road at legal sale. All this was clearly set forth in the
speech of President Stevenson, at Armory Hall, some weeks ago, by the
lately published letter of Dr. Jephtha Fowlkes, and by nearly all of
the newspapers of the city and country. Therefore, no stockholder can
justly plead ignorance as an excuse for non-compliance. We shall
regret deeply to hear of losses in the premises; but if the road is
sold, those who have paid up will have their rights amply protected by
the new company. To this end they have the word of honor of
unimpeachable gentlemen. |
We really hope that the
non-paying stockholders will go forward and pay up at once. It is
their interest as well as their duty to do so. The office of the
company is at 84 Common street. |
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