| From the New Orleans Times Picayune |
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| April 27, 1861 |
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| Notice to the Stockholders of the Southern
Pacific Railroad Company |
| A sufficient sum of money has
not yet been paid in to protect the property of this Company from
execution sale. The Road must be sold very soon, unless the stockholders
do more than they have yet done. Those who have subscribed, or shall
hereafter subscribed to the new books, have, or will do so, on the
distinct agreement and pledge that the sums thus subscribed and paid in,
shall be used only for their protection in the event of a sale. All,
therefore, who refuse to subscribe, must and will be cut off by an
execution sale, and the organization of a new company, which under the
laws of Texas becomes vested with all the chartered rights of the sold
out company. An emergency is upon us, and if the stockholders will not
protect their rights and property, they cannot complain if their rights,
under the process of the law, shall pass into the hands of those who
have more will and means to construct the Road. I desire to give a
solemn warning to stockholders of their danger. I shall hold the books
open one week longer at No. 84 Common street. |
| R. V. Richardson, Agent |
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