Page:State v. Little Rock, Mississippi River and Texas Railway.pdf/3

. 31]

"L R, P B N O R C, L R, March 10, 1869.

"To the Honorable Board of Railroad Commissioners for the State of Arkansas:

"The undersigned president of the Little Rock, Pine Bluff and New Orleans Railroad Company, respectfully represents that said railroad company desires to receive State bonds to the amount of $15,000 per mile for every mile of its road, in accordance with the provisions of the act making the loan of the State credit to the individual companies.

"This company was incorporated under the act of July 23, 1868, authorizing the formation of- railroad companies, for the purpose of building, maintaining and operating a railroad from the city of Little Rock to the southern boundary of the State, by way of Pine Bluff, together with a branch from Pine Bluff to Eunice, by way of Napoleon, making the aggregate length of main stem and branches about 260 miles.

"The following is the organization of the company:

"Directors—G. R. Weeks, O. P. Snyder, S. W. Mallory, J. M. Lewis, J. E. Sickels.

"Officers—S. W. Mallory, president; George R. Weeks, treasurer; O. P. Snyder, secretary.

"The capitol stock of the company is fixed at $27,000 for every mile of its road. Such preliminary examinations of the routes have been made as were necessary to enable the company to ascertain their approximate cost, and for their general direction. The accompanying map shows the country traversed by the proposed routes, and their terminal points. The subscription to the capitol stock of the company amounts to the sum of $265,000.