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1871, tba above i »ere offered at »nd io New Orient» for on the dollar, with equal amount» iu the shape of eight per cent, income bonds ami full paid (?) stock thrown iu as a gift to each subscriber. A subscription of §1,000,000 wnt» actually made ic New Orleans, but the whole scheme failed, because, among other rea sons. the company did not have the securities to dispose of, ac j ; j I wording lo. K ,e»n>«,L Even hudj thev fcn in poeeveeion of Mr. ! Ltuèboett and ko foil amooot al j the rate thcv «ore offered had 1h*o real,re,!, the proceeds, *3,- ! 709,500, would have teeu eutirelr inuuffimeot to complete the road , -.tbout equipment from Doueld- ! mod, ills to Honstoo, Texas, 270 miles, sod there would hate been ! 55,501,000 of first mortgage bonds in the hands of other parties, who would hais tbe right nt an, time after sit months default in the par ment of interest on thoir bonds to foreelose and sell the property. This, eonr committee belie.., w,m contemplated as a final result by the bel, Urn ot ssid bonds. Mr. Bnshuel], through his sub cootrsctora, to whom, on an aver- ! cooirnciurs, wuoin, on an avor age, he paid about ten per cent. ! oh the Work done bv them respect- * :__i.. _rf___* .____ 1 v_ ively, laid leu miles of track be \oud Don aid son ville, aud partial Iv constructed, iu i verv cheap i ' j some ft rnLof 3wav te Ind along Upper Grand rivhr. All, worlt ceased in March, 1873, and 1 nothing has been done since. i On or shoot tbe 11th of March, ' a*?« docnnnaf.______.J______a___' I 1873, $125,000 of second mortgage ! bonds were endorsetl bv the (W : bonds were endorsed bv the Gov ernor oa the ten mil* of track laid beyond Donaldson vil le ; bat as the hml limit of time, Januarvj 18,1873, for the completion of the! whole road to the Sabine river had ! expired nearlv two mouths pro- j viouslv. and the law itself provided j that "none of said secoud rnoit gage bonds, for or upon that pot lion of the said main line of rail-'^f road not constructed within the ' time limited, hball be guaranteed ! by tin» State of Louisiana, * it is manifest that said bonds sliould 1 not have been so endorsed. To date, therefore, on the sixth Î seven utiles of track laid west of ! \Vestw»-go, or with oulv s«> ®uchi" road boift. the State had coutrib utcd $4,245,000, with no security ! for the amount, except a second « mortgage for $875,000 on seventy , miles of read beyond Westweco, ! it mortgage lien for veto, lb a t subject to a first mortgage lien for : the same amount. j The road beyond Donaldson ville has not been operated .since the : track was laid, and the liens of all the contractor»— who yet remain j unpaid, including Jhe constructor ; of the drawbridge across bayou ] Lftfonrche—have been recorder! in ; the respective parishes within which their work was done, and I tbe drawbridge was turned off so that it could not be u$td. On the sixth of June, 1873. all of tbe roads and projierty belong ing to this company was" sold bv tbe trustees of the Mobile division second mortgage bonds, which was a third mortgage on the road west, and it was all bid in by them for their principals. On the twee tv sixth of August, 1873, the. said Mobil^ division second mortgage bondholders, who are believed to be also the first mortgage bond holders with the name of the New Orleans aod Texas Railroad Com pany (No. 2 in effect;, and trustees Gardner and Butlei transferred to them in consideration of the sum of $1, but without guarantee as to title, on the second day of October, 1878, all of the property from Mobile to Houston, aud from Bra shenr to Yeimilionville, purchased by them at the sixth of June sale. Prior to tbe sale on tbe sixth of June, 1873, tbe Legislature ot that year bad passed a bill to allow tbe company one year more time to the road to tbe Sabine or to January 18, 1874, for o* bonds, and until j . 1874, for tjie "subsidy but said bill was vetoed returned in January, , . , , i874 - tbe Legislature, which sustained î first of October. luded ork, to form among the division first mortgage ers another company, for the purpose of aoquiriug a valid and perfect title to, with a view to complet« «aid railroad west to Houston, Texas, Capital stock to consist of the Western division a bonded debt; §7,550,000 first mort gage aud $875,000 second mort gage, or $8,125,000 in shares of $100 each. This company was to j apply to the Legislature of Louis ; iana for a recognition of itself as j the successor of the New Orleans, I Mobile aud Texas Itailroad Cora P"I '<**;?' th f. """»PI* »"£ ! »*»1* « cv.nllnuaUon , n its fnvor of j "' l , lUe n R ht! ''[r" nch ' ses - ald ^ f?"' Bunted to ! ,he ° ld ""f»"?- "?■*•* *• of bo " ds - a " b !' dlea ! <**■ , 'H>® ™ of the ! Pr?J Mtors and nianage-s of the od company, bnt he s.tnatioo had ! « fc "£ d V " l 8 C p,'° " n , d 7I *., b t Ä the people could pay 1 ""' o»r »ate securities were ,"° rth at " ab "' DO '' ( . ' be * aro ! a >™ to0 lo * ' u be wo . rtll 7, of tb | of «"»* *•>« !> l """" d ?" d 80 ,°! au, F d lbe ,,mous "*3T 1,1 Mubll,er ° a, *\ P"f- " d tbe k ra , ,s f°' cor " "°"8 h "* lb J « •> for home coosump-, ! - 1io °. aD - d lb ' encouragement of ,, , . , . ! r . 8 on condition that it should com * f he lasl . P*" tat "»> P a8Ke<l " act reeoguiziug the new company, , . „ , . i £* lbe ^ 0r , a , D<i " ver ¥ July If 1874, to vermilion ville «"* », aad * "*« Sabine a,d ri'L P ,° b - V M * ch »• 1 18 ^ b: and lb,a . act waa a PI ,roved i P 1 ^ Qltd S a * ed ' tb " »ew company did not I really have a "valid and perfect ! H "™ Hd ? nd P erfec , fc : Ut,< î . 10 t,ie . road w . esta aod Hucb c0 ™ a . " ol . ~ acquired without a sale after a foreclosure of mortgage or proceedings ln tb dld Q o t at ! to proceed, ihe act, there j f ore ' owa limitation, will j * Dd V ° ld ° U the hrst d *l ° l ? 0 }? ae *[ u . _ ! j. , ,s >e ' 1e ' ed ' tl iat the mam ob- 1 1 w f s to P*® 00 . 1 « a rev \ v&l of ! ' tbe ac . t8 KÇ^oteeing second mort ! «^ granting a subsi d f- - t A * th,s fa, . ,ed 7 a committee 1 °. f cltlZöDS . "PPomted to consider the question having declined to Î recommend a renewal of State aid ! T there was ? oth ' n >' Wt but fore n(e ? f the AVest f. rn divIslOD hist mortgage, according to pro ! c 4 etdin ß« plated bv Frank M. « *^ me8 > frastee for the Western division first mortgage bondhoid , . .... , Wl, .. . ! *"*"/.* "" of complaint hied in l. 10 L ntted States Circuit Court, : , ed 41 ~ j ^ ovem k® r 18« 3. : ' association j ; ] ; trustee averred that the of bondholders," styled the New Orleans, Mobile and Texas liailrosd Company, (No. 2) had "come under obliga tions" to a new association of bondholders, styled tbe New Or leans aud Texas Railroad Com I P an J» aQ d he prayed for the pro tectiou of the oourt in the work of completing.the road to Grand liver, twenty-one miles west of Donaldsonville, aad for a decree of sale of tbe roads west. It was authoritatively stated also at tbe time, and thence forward, until recently, that about $350,000 in mouey had been raised and was on hand to complete tbe road to Grand river; but it has since trans pired that the mouey put up con sisted ot interest coupons detached from the fraudulent issue of Shreve port brauch stock bonds, the pay ment of which is enjoined. On tbe twenty-third of May, 1874, Judge Woods, of the United States Circuit Court, rendered a decree providing för the sale of the road and property west of New Orleans, by tbe first mort gage trustee, on or before the first day of December next, after six weeks advertisement of side iu New Orleans, New York und Hous ton. Sale tor cash, and the first seventy miles west of Westwego to be sold separately, subject to the prior lieu of the first mortgage to the extent of $12,500 per mile I j or $875,000, aud accrued interest thereon; the balance, if any, to be applied to the payment of the I mortgage bonds indorsed by tbe j î State, $875,000, on said - 1 miles of road. ' Balance west, to be sold eve er separately or in one parcel. The trustees, Ames for the first and the Governor of Louisiana for the second mortgage bondholders, ouiyfio be allowed to bid in the property for their respective bond holders, or the State, on payment in cash of the amount due on the bonds not represented by the trus tee purchasing ; that is to say, if the Governor of the State of Louisiana bids iu the property, he must pay $765,000, and the accrued interest thereon, in cash, for the first seventy milek of road, and all in cash for the remaining portion of the road. A third party must pay cash for the whole amount of his bid for both sections. It is obvious that the first mortgage bondholders, who hold $7,250,000 of bonds, have command of the situation, and that they always had it from the first. On the 27th day of May, 1874, a petition in bankruptcy against tips company was filed in the United States District Court by one of the sub contractors, to whom a large amount is due for work done west of Donaldsonville. The order to show cause why the prayer of the petitioner should not be graated, was made return able on the 8th of July, 1874. Your committee respectfully sub mit that the above review of the history of this corporation, which has barred the way since 1869, and still obstructs the building of a railway to Texas, is sufficient to warrant them in declaring as their firm conviction that there is no hope of relief from them, and that the only chance of sccuriug a rail way to Texas is a speedy sale for cash, whereby this property, unin cumbered, may pass into entirely new hands at the earliest possible moment. The association of bondholders sfyled the New Orleans, Mobile and Chattanooga .Railroad Com pany, wrongfully and by menus ol corrupt 'legislation, as we believe, despoiled our State ef about $4, 250,000 in bonds and back interest not due, and we cousider that an_\ "association" of these bondhold ers, by whatever names they may style themselves, will be in the future, as iu the past, unreliable. We recommend the State authori ties by every means in their powei | to resist the paymenfcof the fraudu lent and unconstitutional issue of j Shreveport branch bonds, aud tin interest thereon, and to favor the formation of au entirely new and trustworthy company to construct our much needed railway to Texas, as well as tbe transfer fco such » company of the seventy miles oi road west of-Westwego. VRR3iIfaION VILLE HOTEL, B. SÂlslsfiS, Proprietor. May 4,72—ly. baw of Newspapers. 1. Subscribers who do not give ex press notice to the contrary, are con sidered as wishing to continue their subscription. 2. If subscribers order the discon tinuance of their paper, the publisher may continue to send thf m until all arrearages are paid, and sulmcribers are responsible for all the numbers sent. 3. If subscribers neglect or refuse to take their papers from the office to which they are directed, they are held responsible till they have settled their bills and ordered their phpers discon tinued. 4. The courts have decided that a refusal to take a newspaper or periodi * cal from'the poutoffice, without notify ing the publisher, and the payment of all arrearages, is prima /acit ovidence of fraud. 5. Hnbwribers of newspapers or peri odicals removing, are liable to pay ho long m the paper or periodical may be sent to the renulenae 0 f the party at the time of subscription, unless notice is sent of such removal to the publication office. 6. Many person» who subscribe fer newspaper« think that, unless the pub lisher ean show their names arc on the subscription list, they are not liable to pay oven for the papers which they re. ceive and take out of the postoffioe, but law, as equity, has decided in favor ef the publisher. 7. It has also been judicially deter mined recently, that the published mte» of advertising and subscription in newspapers constitute a bona f/h con tract. F«r Sale, O NE HUNDRED POUNDS or more of OLD TYPE, which is uefnl for «aw mill purpose, took os boxing n». mriei etc., "which wa will mH cheap, t tb« W*e«w Z<mo oüce, A. WILSON ---SHUTTLE.—— Sewing FOR 50 Dollars ! ! FARMERS, MERCHANTS, MECHANICS, AUD EVERYBODY Buy the World-Renowned WHâév SbitUe Sewing Made! ÎH* BEST IN THE WORLD! UrThe Highest Premium awarded to it at VIE3S-3STA. Ohio State Fair : Northern Ohio Fair; Amer. Institute, Jf. T.J Cincinnati Exposition; Indianapolis Exposition ; St. Louis Fair; Louisiana State Fair; Mississippi State Fair ; and Georgia State Fair ; FOR BEING THE BEST SEWING MACHINES, and doing the largest and best range of work. All ether Machines in the Market were in direct COMPETITION ! ! tSTFor Hemming, Fell ing, Stitching, Cording, Binding, Braiding, Embroidering, Quilt ing and Stitching fine or heavy goods it is unsurpassed. Where we have no Agents we will deliver a Machine for the price named above, at the nearest Rail Road Station of Purchasers, Needles for all Sewing Ma chines for Sale. Old Machines taken in Exchange. Ôend for Circulars, Prioe List, &c,, and Copy of the Wilson Reflector, one of the best Periodicals of the day, devoted to * Sewing Ma* chines, Fashions, General News and Miscellany. Agents Wanted ADOBES«, Wilson Selim Machine Co. CLEVELAND, OHIO. For Sate by W. MEYER, Agent, Lake Ch;riw, Lour ! j THE BEST PAPEri I TttT ] aEumrinxr mverMntb DHE Scientific American T _ __ I 29th year, eriioya the widest lation of any weekly newspaper kind in the world. A naw voSuai,«» monoes January 3, 1874. Its contents embraces the latest moat. Interesting information perla to the Industrial, Median leal andf tiflo Progress of the World; tions, with Beautiful Engraving New Inventions, New Implements, m P rocesses, and Improved Industrial all kinds;-Useful Note*. Recipie*. <d gestions and Advice, by Pr, m Writers, for Workmen and Employ in all the various arts. The Scientific American is theci est and best illustrated weekly published. Every number conUiml to i6 original engravings of new cliinery and novel inventions. Engravings, illustrating imp ments, discoveries, and import works, pertaining to civil and meol cal engineering milling, mining metallurgy; records of the latests gress in the applications of steam engineering, railways, sbip-b ing, navigation, telegraphy, tele, engineering, electricity, magnet! light and heat. Farmers, mechanics, engineers, j ventors, manufacturers, chemists, ors of science, teachers, clergy e lawyers and people of all profeusiq will find the Scientific Atnerioan to them. It should have a place j every family, library, study, office i counting room; in every reading ce'lege, academy or school, A yeat r s numbers contain 832 pq and several hundred engravings. ^ sands of volumes are preserved f#l binding and reference. The pr receipts are well worth ten times I subscription price. Terms three &| ,lars a year by mail. Discount to clu! Specimen numbers sent free_ Msyk hud of all news dealers. Patents. —In connection with Scientific American, Messrs, Muntlj Co. are solicitors of American and fa eign patents, and have the largest« tablishment in the world. More fifty thousand applications have made for pa.euts through their agem Patents are obtained on the terms, models of new inventions sketches examined and advice free, patents are published in the Seicmtii American the week they issuo. for pamphlet, 110 pages, criitoiniai laws and full directions for obt patents. Address for the paper, or- concern patents, Munn A Co , 87 Park Ro<ü Y. Branch office, corner F and flj streets, Washington, D- 0, SUCCESSION SALE. ! State of Louisiana, i JPAHISH OK IBERIA. f Succession ot Dupré Devouen, Parish Court. B Y VIRTUE of an order and cob mission from the Honorable thf Parish Court, I will sell at PUB1 ! AUCTION, to tbe last and higi e j bidder, at the residence of Aur I DeroueU, in the parish of Calcasieu,' j Wednesday, July 1st, 1874, 1 All the PROPERTY belonging said succession. consisting of I A CERTAIN TRACT or PARCE of LAND, situated on Lacosiue, in t parish of Calcasieu, aad describe, (•« I follows, to-wit, the southeast quarterd ! the northeast quarter of section elem iu township eleven, south range I west, Southwestern Lund District i Louisiana, containing 40 »3 100 1 Terms and Conditions-—P ayable» one, two and three years from tbe tbl of sale. Mortgage and vendor's priuj lege to be reserved, sind the notes t be made payable to the order of tb Administrator, with solvent boenrityj in solido. In case of suit on the nob the purchasers to obligate themseM to pay the fees of attorney, whiob fixed at tea per cent, on the amoab sued for. A, L. REID, my80 td gheriff. J. W. BRYAN f JAS FOR BALE AT HIS 01 stand, (established in 1869,) out ! corner of Rytin St. and Public Squari DRY GOODS, NOTIONS, GROCE HIE* Crocker v, * BOOTS, SHOES AND HATS. t ALSO, School Boobs, Bibles, Etc., Eft | He will sell exclusi vely for cash or i H equivalent, and is thereby able to cheap. myltf OARBER SHOP, BY CELESTIN ROTURlï*' Lake Charles, La, Ladies n waited on eding my services wit , I take pleasure in in forming the p»* 1 1 he that 1 am now prepared at all ti»*| to reoaive gentlemen who require services of a Tonsorial Artist. Shaving; f Shampooing and Hair-dreusing don« au hours, from sunrise until nod-tiff*' 1 ill Ml