NP, GN 3/14A/1861

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.

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