Show SALE OF SOUTHERN 2 ROAD IS POSTPONED ti i LiKE LAKE CHARLES La Feb 25 The The I sale eale of ot the Kansas City Watkins Gulf Gult r railway vay was postponed by agreement until March The bondholders bondholder and sf Stockholders have reached an agi agree agree- ce cement y m ment nt and will reorganize with J. J B. B Watkins s as president The railroad went Into the hands of ot been t a four years ago and has developed Into a good property The j 4 road Is miles long and has terminals 1 at Alexandria and Lake Charles La I |