Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1831-05-16
Ora take this opportunity Of making . re.

| he
stock OF said company al the time aopoin,sd
but NJ the charter required that the sum o1
Szo,oVo sho"id be subscribed before the com,
psny eould oe organized. il was not until IN.
summer oil 1927, that thi, amount was Obtain.
en- sosoon, however, as N was taken IN.
| commissioners proceeded 10 convene the ,ub-
scf'oers Tor The purpose of organization. They
me' on the 18th day of July ls27, aud elected
pes''e" "ho directors u having been pre-
s'ousiy asceftained thai 200 shHres of the
s'ock had been taken. The president and dr.
| rectors forthwith cnmmsnced rrpn.,a,,oo 10,
carrying the intentions OF the stockholders into
execution, ny taking the lease ola house and
WAFER power from the Upper Appomsttox
company, situated IN the town of Petersburg
anu preparing II for the purposes of u Gotten
factory and the president was empowered 10
go on 10 the Northern States, and contract for
gearing sno machinery for such factory upon
aesP"cta"s scale. In September of the year
to-I contracts were made for The gearing and
the building VI the machinery but as the work.
men Tor the gearing were to be b,oue from /.
Instance and the machinery to he built 400
! nhes from the place OF location alter the con-
! tracts were made, and as the building OF ma
cninery at any rate is a tedious operation, il
was not until the fall Of the year 1928, that the
! company commenced spinning, and even then
WIN small part of their spinIles. IL was
10 september. 1923, they began with five hun
! urea, aud from that time up to December.
| 10Y, continued 10 receive other supplies, SO
as to form the aggregate amount Of about
1,ooo, with the vaiions preparatory ARTICLES
ioi spinning, aud fifteen power looms for weay-
| ing OF cloth
AZ ms time, the whole amount OF the capital
STOCK oi the company is Sol 100, ali Of
winch has long since been paid IN aud about
54o,oo0 OF II laid out ia fixtures aud machine
| ~.
This company employ about one hundred
| operatives. all OF whom are white persons.
aud mostly young boys and girls OF good mora,
character, aud who seem we'll pleased with tbt.
[ Occupation.
Inc operations OF the company consist IN ost.
" III spinning Of cotton, but partly in weaving
coarse white cl"'h, aud The manufacture OF
cotton seins twinr. The factory apns aho,n
~ bsies oil cotton per week, or l,0U0 bales per
| year.
Although the company has had to conte I'D
WIN The diiiiculifs incident to the estabp sla-
'nent oil business new IN the place of iis Iot:H.
ton, 10 procure knowledge and ms ci,aptry
nom abroad al very great expense, aud 10 en-
counter many prtludices which existed . yainsi
ne deduction OF " he operatives into facio-
| r'es ~ Virginia aud have also mad To begin IT
| n ume when the business was very III prh de.
pressed when many failures were OF earring
and thereby throwing large quantities OF cotton
goou5 INTO market 10 be sold at sUcl son at ruin
Gus prices YET stll this company has been
enabled 10 get along, aud to do to Der ole bust.
ness, aud for the ti,ne have beel, eIl,bled 10
make something more than twengy Der cent
on the amount Ut Their capita, Having out
oil view the wear and tear oil machinery,
which amount, however, is the less conside,
| able, as The repairs 80 GU with tue opera.
| tions.
lue president and directors are. Of opinion,
'ha' Tue apoee expose includes all that is re-
CURED by the act ct lbe,r incornoralon. as
ihey nave never yet aesmed il rxpedient TO
ioin any BET Of by lows, but have beeu salts.
heu from Time TO tne to pass siupie resolu.
| tons.
h' VI winch Is respectfully submitted.
WM. G. BOSWELL, President.
Tee'Z1t0g, January 5th 1881
DIR. handotph. We subioiu from the Rich-
o'oad Enquirer, letter addressed TO the Edr
tors OF that paper, by john Randolph Clay
tbs juvenile Charge d'Afaires Of The u. States
a. ST. Petersburg, contradictory OF the runors
which reached this couotry, respecting MIR.
Randolph's conduct on hs arrival at tina,
place. |, is puerle and badly written pro.
duction, suth as might have bsen expected
from its author, add he deserves TO be we'll
birehed for his presumptuous ignorance. nc
that the Editors of the Enquirer did no,
remodel the young Sseretsry's letter, before
they submitted ii to the public eva. And we
shall be deceived il our Extraordinary Ambas-
SAILOR do not rebuke him for his malaperi off
ciuusness.
With respect 10 she truth OF Mr. John Ran
dolph Gays statement, we know no hing, and
shall therefore dismiss il With a single remark
aud that is. that he is an interested witness, an
that his evidence ought therefore TO be received
with much allowance while, on the othe,
hand, Independent of the confirmation which
the stories relative TO Mr.. Ra do!ph. conduct
| receive from the fact Of their smlitude 10 ma
ny similar freaks in this country they are
tsle by me" OF whose reSpeotsbiliiy the public
have received the strongest assurances, and
whs had no possible motive for misrepresentng
him.-Besides il will be seen that the Young
Secretary d.ne, only a feW of the facts, and
then rery !og'egtiy arg ues that, as they are un.
true the others are also necessarily false. A.
well nigh man Indicted at he same lime for
arson snd burglary, contend that he was inno4
cent of the former, because he could prove that
he was gniliess OF the later.
To The Editors ofthe Enquirer
| GENTLEMEs Having seen in your paper
Of the 9th November, 1880, an Epiiome of a
publication in The New York Journal Of Com
merce, and e New York Commercial. ieia-
tive to Mr.. John Randolph oi Roanoke, Envoy
EsirHotdina, of the United States of America
IN Russia, snd seeing with Indignation thai
the accounts OF that Gentlrmsn's department
II 81. Pptersburgh, as published in those papers
are utterly devoid oftruth, deem il to be my
| dicf Ihp IN n ha