Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1830-12-13


Gaze. -.
/. rha, the rule IN ,his csse oogm 10 be msds
aa.nlate. and leave xisen,hs o'n~t 1s"e'''
! TO file an information IN thu ns'n'ro VI W.
sat Hsto:
ana w.rrantn oil hs against the e"'p", ~"
i al IN. J,np. RIVE { tmpaay, GO n'"''"'. 70 ~
nbelh.rs.ld Company bath lo't"'"d va nan
,ag.. al b.ios aeurpsfntlon. =. w - rs"thft
f,n,rh,.as and liberties shIeb = 9fdrre' 10 We
rrfIihfd, a.
Aner ~. ,lrcisian. the Superior cour Of
{ Ueofiro directed liz - = IL ~ mall 'psilh=f.
4nd IN Information sas ihsrfspan MED "s"iAd
K,te Company Whe H. pf"'Fo"t''n ~as
,,.,i,ng uod unssiss arrangement NJ,
! m.d.. i. h i've ia nes Rifrf GanaH"y' by so.nc
! II me lea Ing Characters n - stat" "ho Pos-
.s.ssd moe ~ rpttut,ssat - ,he 'a1'c OF Ute
oel imnfovemrnt than judgement "a -" "'esh-
tian IS inch tc.ulicd n ~ aet at tse L'e''la'ate
ofl7fh February ls2o, AID tae =. "'cc"non
/ = ,in.t &c Company va aiznlssfd 'P0" ''eh
as nfing 10 the terms uittr aci'
| ~ the ntoyi.ipns of tbs at, TIA" state BE-.
camc The Purchaser u the chatter OF The
James Rlvct Company aud 1necredei 10 all
fbet rlgh.s 40" Vuu'tges, a we'll NJ the" an-
lies ard dinicu'ie' Bei.,fe these legal steps
! se,e takeh by .ae Legislature against 'he
Cs,npauY. the prphtsofIbei stock we're such
+ - -
original subscri pton.) to Sio9 per 'ha'c bh'
/ in consequence of tie prosecution, winch SHOW
/ ed the - ~ snd the power al tae Legislature II
annnl their charter, or compel ihem Ia per
fo,In the siipuiatipus iheY hni entered mo, iht
stock fell bach 10 hrle more than The Original
subscriptions. GOO per share
u, The terms OF the pptehas", the State a.
surcd to the Stockholders, dividend Of y per
reni. per snnum upon tue original value al
ihe .tpck until the year 1872, mi 10 per cent
/ forever Afterwards. la consequence Of Witch,
The price rose Bgsin u 500, has since 'ncteas'
ed 10 IS 10, aud viii no doubt 90 beyond that
as he period approaches WHEN the DIVIDEND
/ shall he AT is high st point.
/ The same act of the Legislature, by which thts
+ bargain was lucudedi iOr the purchase oil the
charter of the James Rivcr Company, when
rnIlfie1 by the assent Of ths Company, seci. =.
direct. That IN the ryHnt al the H,stui oi the
j sad Company as niofesnid. ibe sad Compdnr'
shall during tn present fenf. 50 idf as lhtif
funds hereinafter provided i1f, shall enable
them, anl wrhou, delay, proceed to the eSec0'
ton aud steadily peIsesste TO the completion VI
the foil wing works aud ia the following Or
der. thatis 10 50, fust II fen1cr the Glrhi
kanawha, from the gfeaI fas thereof To the
Ohio rIxer, nAvigablo al Nil seasons Of tue year
for boats drawing TIRE let water, according
TO the plan ufihe Principal Engineer, IN his re
port 10 the Board al Public Works made IN
January, 1920. Secondly, to improve the IA
vigaii.n al the James river, fIom Iidc water 10
Pleasants' island. be LOCKS aud navgabe canals
nhprding at all seasons Of tn yenr, al least three
iret depth oi water from tld..wsier 81 said Is.
land, and 50 NJ to navigate conveniently, boat.
CARY ing one Thousand bushels Of cool, nj all
points below tho h,gheT point at which coal
| lnnds on James river are known and above
! such coal lands, by canal moi lrss thAn thirty
| feet y ,do nt top, aud twenty let WIDE Of bot
| tom having not less than three trct depth oil
water, at all seasous OF the year. IN every part
ihrreoG according TO the repofl OF the Pf'nc,-
| pal Engincer; AMI make shio aud c"n'cnieh.
conmuuica ions from the river M such point or
points ms Will afford ample accommodation 10
/ q rod tRde. Thu diy, To make the b. I 70 al
pracilenhla, ~ nm ekpense OF SlOO,O'W, from
the mouth OF Uun'ap's creek, TO the great fails
of the kenduha river, &c. foutihly. make ma
i yigablc canals and locks from Peasauts' island
/ to Dnnlap's creek. Aud hithly. to make sac
| and Convenient communications from thu liver
nj such noinIs as will all nd HccOmmot alton 10
line trade Oh lbe river" Sessions a cts. p. 10
aud IL
The order 10 which the dI6 rent sections we're
| To be executed, leaves ~ donbi rs To the OBJ
lret. aud calculations of the Legislature, ir-t,
/ Ia accommodate the salt trade on kHna"ha,
which II Was calculated would produce 90 the
Company Ia tolls, $50 o0o per agnum. And
next the coal trair. which II was Cdlcula ed
would produce 100000 pr aouu,n. With
/ thp,e resources, no doubt uas entertained thai
/ the whole Improvement would be eff cted by
The impulse which these fruitful sources OF fe-
venue would afford. with lfe AID which might
! he looked for, from the imposition OF further
! tolls which would be justified by the new In
rilIilts 10 tie trade, a. tue improvement shoull
/ progress up the TIset.
Bat the James river representatives fearing
that tae,e expcc atoms might he disappointed
+ and the people they represented might be bur
/ lAen i With addlli9nal oiIs before they derived
any brneG, l,om the Improvement, exacied u
pledge which was given in he following section,
at tue motion OF Charlie ldncy, Esq. 81 luck
Iineham
j." Sect stt And the General Assembly here
by IL dgo themselves, tnatas the works alore
SAID, on the James aud Jackson's r,vrts, and III
the valleys of these rivers shall progress, and
shHil contribute To reduce thu expense OF trans
/ portaIIon. up aud down the sad rIvers or ca
nals, below the average ptiee OF transportation
/ upon the said riveIs. rs they have been Tor tn,
three vesrs last past they will authorize the sad
1 Company TO receive tolls thereon IN convenient
( sections to the amount necessary, with then
j other resources specified III this act Gas appica-
j bic TO the payment Of interest ON money borrow
nj by thetn,) tor the payment OF the interest on
/ the money expended on such work; PrOrided,
| That such additional toll shall not exceed one
ihrd OF the saving in transportation up and
down the snid rivers. which will accrue there
J by, 10 those who the sad improvements, Ia
KING the average price OF transportation for
three years last past, the basis of their esti-
mates
Sec. 9th. Aud be it enacted, that fourteen
COMMISSIONERS be appointed. residing ~ the
conn,.pS bordering on the James river, aud
J,ekson'. rver, for lie purpose Of ascer'ainlng
the average price OF transportation of the 'ari'
Gus commodities liable to tolls, accordins 10
the terms Of the Charter of the ZINES River
Company, aud all other COMMODITIES W and
down the sa d rivers, Tor three ears last past,
that Is To say, Daniel Warwick vi The CIT, U!
4 klchmoud, Ne. Nc
/ Matchmaking this solemn pledge, in 1925.
LL | LL..L.