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Letter to Editor July 1, 1854

The Texas Republican

Marshall, Harrison County, Texas

What is this article about?

A stockholder addresses the editor with follow-up questions on the Leon and Sabine charter sale to the New York Company, suspecting misconduct in stock distribution, concealment from minority shareholders, secret meetings, and ties to other railroad projects like Western and Atlantic-Pacific lines. (248 characters)

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A Few More Questions.

Mr. Editor

As I and others are anxious for information, I have thought it expedient to ask for answers to the interrogatories I propounded last week, before asking others especially interesting to the public. I ask any one would be glad to know if the Leon and Sabine charter was sold by Col. Ward and his Confederates to the New York Company for two hundred thousand dollars paid stock in the New York Company! If so, to whom did the consideration go? How many Stockholders were in that same plan at the time of the sale? Should the hands received the consideration! If not, and it was to go to those who should after ward take stock, who was to decide, and how upon the distribution of that stock? Did Messrs. Ward, Hall, & Co., inform the bearers amounting that the charter had been sold on the consideration of Two Hundred Thousand Dollars! And conceal that fact from Parson Ware, Mr. Curtis, Mr. Samuels and the few others who were the only stockholders in the company and traded those who had generally subscribed their stock for having a survey (and who were to be remunerated in stock) to sale the charter to the company? And they secretly call a meeting of a quorum of the commissioners, giving no notice thereof to the public, and even concealing the fact that there was to be a meeting of the commissioners from some of the members at the time in Marshall was held? Behind the jath fon "fuends ar d diahe ot te I H ed I aat Dalars oing thia a Ien 9almth ont 4.and who had tot ein oh d wiethet ot cothes wohitah I as the Bhllaf ale trassler, agreenent whaf vet it mas Lo called betaeen Mr Chathol. Preeodestat th New Yak Com pany and ar seifeonatitated bint hagh con tracting pates prodge d at that mecting annd io yd to the bencifeinrdes of Mesars Wand & Hais (aunty with an iganetron to aay tothing alogt it for the prraent Dhyd the seleet f a theteaponbecome sluck holders amd peo mte ssere ), and ha the eter atne been daly mprread with brcom ing vdmiratian af th gre at noameial alol the a of Mean Wand a Hal I aos cot the san made gnder tho charter pand o bo ahe Pptirn. with at aad ratading that the sbaeribere should roseite ateek in th campes in eomsidera Uan therad? Ha thete tot heen a shem trapster ot ths sursey to the West to Rail ntompay'Ao th shaerh at woa refusod stock in the Compam in otaer wonda a daidy of th IwIag dred Ihomaiad'OAn oethe sawkddegs dhe Wcoton R doon t ama iottas Dihrostlehel m aale tht the fe oo pak tthe whok Ia i Hadred Foogsad O Tie thino an and n the streets and Mens Id A Hall ewe it t themee hyes mo well as to the phato to con traha tho m if oot too Ithore w a daade oe thdot Whem was it mrk Iofar or ater th Inahmen cd nhed bama camgened the grcat sork ot buddiug the Alanite ad Pacde Raliroad alter the mater ol Fon Hentan, "aolitars and almne t" It w cu aora at th Time that the Irishtoau aad the whol barros wete working to save th Loniana and Fesas chauter. Can vonisform one. M Lahito, Jow mm charters ona sarter can Io Iapalied ta on al the s tm oo h oam con be ecgt I ba ate Ishumun and ade IatoaI tet that Pat may aat fnd in working ont hs onn sfafion it h chould sgecrad in ssiag tan charters ncl no ther and thas one anoey, one wheel hanoa, and a spad W hon thes gaestions are nasrered I dhrall Ire cobe thers to propogud and w hea th fhete ate all holots the publie I ns sen ti to makoa fow brlet coagmests In th msn tha I emaia coy ropet fally 1 SO NOLDER

What sub-type of article is it?

Investigative Persuasive Provocative

What themes does it cover?

Commerce Trade Economic Policy Infrastructure

What keywords are associated?

Charter Sale Stock Distribution Secret Meetings Railroad Schemes Stockholder Concerns Leon Sabine New York Company Fraud Suspicion

What entities or persons were involved?

Stockholder Mr. Editor

Letter to Editor Details

Author

Stockholder

Recipient

Mr. Editor

Main Argument

the writer demands answers to questions about the sale of the leon and sabine charter by col. ward and associates to the new york company for $200,000 in stock, including who received the proceeds, allegations of concealment from certain stockholders like parson ware and others, secret meetings, and related railroad schemes.

Notable Details

Sale Of Leon And Sabine Charter For $200,000 In New York Company Stock Concealment From Parson Ware, Mr. Curtis, Mr. Samuels Secret Meeting Of Commissioners In Marshall Agreement Between New York Company President And Self Constituted Body Survey Transfer To Western Railroad Company Refusal Of Stock To Some Shareholders References To Atlantic And Pacific Railroad And Louisiana And Texas Charter

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