Augusta: I. L. Barbour to Alexander H. H. Stuart,
December 11, 1866
Summary:
Barbour writes Stuart to discuss the financial status of the Orange and
Alexandria Rail Road.
Office Orange and Alexandria Rail Road
Co.
President's Office Hon. A. H. H. Stuart
Alexandria, Va.
Dec. 11, 1866
Dear Sir,
Your favour of the 8th just has been received. At the late
meeting of the Directors of the Co. I brought your
matter to their attention, but in view of the financial condition of the road
& its engagements for several temporary loans upon which the Directors
were individually responsible, it was not their power to comply with your
wishes, however personally admirable it would have been to them. My own opinion
is that any suit of this class against the Co.
would retard instead of advancing the collection of the bonds, though of course
you must decide for yourself. The Co. can not pay
now for the best of reasons--not having
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the means at command, and I
regret that it operates so much inconvenience in your case--
I am,
Very Truly,
Yr
Obt
Servt
I. L. Barbour
Prst,
&c
