MEMPHIS, CLARKSVILLE AND LOUISVILLE RAILROAD COMPANY.
Quartermaster General’s Office,
Washington. D. C, May 18, 1866.
Captain: The Secretary of War lias approved lvcommendation of Major General Thomas, respecting the extension of time of payment asked for by the Memphis, Clarksville and Louisville Railroad Company, of its indebtedness to the United States for the purchaae of railway material and supplies. The extension of time of payment is granted upon the following terras:
The company shall execute a bond to the United States in the penal sum of six hundred and seventy-four thousand one hundred and sixty-four dollars and twenty-two cents, (SG74,104 22,) being double the amount of purchase, conditional for the payment in two years from-the date of purchase, (November 30,1805,) of one instalment of one twenty-fourth part of the purchase money, together with accrued interest at 73/10 per cent, per annum, and the payment of the balance in twenty-three equal instalments, monthly, thereafter, with interest at the same rate per cent.
Further conditional, that if the receipts of the Memphis, Clarksville and Louisville railroad will justify it, the payments of instalments shall commence at an earlier date than November 30, 1867.
Respectfully, your obedient servant,
Colonel, Q. M. Department, in charge Fourth division.
Captain S. R. Hamill,
Assistant Quartermaster, Nashville, Tennessee.
A true copy:
S. R. HAM ILL,
Brevet Major, Assistant Quartermaster.