Description[Texas Railroads]. San Antonio and Mexican Gulf Rail Road Charter Amendments and By-Laws. Indianola Rail Road Laws and Amended Constitution of the State of Texas. New York: Hosford & Ketcham Stationers and Printers, 1866. Twelvemo. [1-3], 4-32 pages. Lacking wrappers.
"In 1865-66, during Reconstruction, the federal government rebuilt the tracks [of the San Antonio and Mexican Gulf railroad] from Port Lavaca to Victoria at a cost of $45,000, which was levied against the owners. Though they were unable to make the payment, the government allowed the line to continue operation. The year 1869 proved difficult, however, as extended rains weakened the roadbed enough to prevent the use of steam engines; service was reduced to triweekly and limited to light cars drawn by mules or even powered by sail. The owners, unable to secure locally the financial means to purchase the government lien and unwilling to try in the North, secured a contract with English capitalists to cover the debt, build the branch to Indianola, and extend the line into DeWitt County and even to San Antonio; but the deal fell through. In 1870 the United States government foreclosed on the property, and the stockholders... lost their investment." - from the Texas State Historical Association website.
Condition: Lacking wrappers; light to moderate toning to pages; contemporary ownership in ink on the front endpaper; some wrinkling to pages, otherwise good condition.
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