Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1831-02-07


means of the company are inadequate TO the
completion of the Improvement 10 the extent re-
CURED how far IL IL entitled TO public aid Tor
its completion is respectfully submitted 10 the
favorable consideration OF the Legislature.
| The Board also respectfully recommends TO
| the lie gislainre the eIpediepcy of lakng into
consideration the early improvement OF the ma
VACATION oil thssSouth branch oil the Potomac.
The speed, extension, that may be snt,cipa'
ted, OF the Chesapeake aud Ohio canal, above
the confluence oil The SoLth aud North branches
ofthe Po omac, Is of itself sufficient 10 rscom
mead an early improvement ot tho navigation
of the South branch.
! OF thai class of improvements TO which the
! patronage of The fuod may be advaniageously
unhed with the fund. al individuals IN the form
! ofjoin' stock companies, the Lexington aud
Co"mgton turnpike Company ~ entiued u
consideration. Tho proposed road " ill CON
mence at Coylngton aud terminate. nj Leking.
ton in the county Of Rockbrdge, aud will Gro
| ate nm uteinl ia lansion oil the communication
opened by the kanawha road with which II VIII
unite at Coving,on. Thiee-ilths OF the capital
stock has been subscribed by Fldi vidasls, and
i've dollars have been paid In, aud The ndiVi-
dual stock - believed 10 lbs sufficiently s.cu'
ed. The company ask for the subscription by
! the STATE OF the iemaiuiug two-hi,hs oil the
capital stock ,anonnting TO $S.ooo. The apph"
cation coming within the policy oil tho lin
| nal Improvement, the Board has deemed ~
proper 10 subscribe the amount required.
Tue Board has alsp thought eKptdient 10
bring To ihe notice oi tue Legislature al az
plcation by the Harrisonbmg aud Warm
Spring Turnpike Company. lh,ce-hiihs o'
| capital stock OF this company having been SUB.
| scriDed by individuals. aud which the Boaid
IL advised Is sufficiently secured, the remain
'ng two-diths, amounting TO $4,000. Is asked
ny the company To he subscrihed on tar part oil
the state To This application invotabi.
conSJetaton, by the Legislature, Is resppctuI-
y recommended by the Board.
The atient,pn OF the Board has been drawn
| 10 mn application by the Petersburg Hail Road
Company, for a subscription ON The pat oi the
Fund OF Internal Improvement, oi ,wo-hitas
oi III" capital stock OF the company. The en-
ANIMATION that The Boatd has been enabled ~
| beStow upon ths subject, mas resulted IN The be
| net thai the lsesmeni would produce apro
| iia3ls income, thai Il would open n choice OF
| markets between Petersburg aud Norfolk TO
| the county upon the HuRnoke above the town
! OF Weldon thai II ~oa Il furnish addllional IN
Ciluics iUr the transportation 10 market o.
tue pi ducts oil the region OF country along the
! lne q! the proposed road aud TINT II will add
| greatly Ia tie commcrciai impodsnco aud
! prosperity OF tho town Of Petersburg aud TO
| - iureg nIng may be added, the facilities thai
VIII be afforded Tor travelling, the irnnsporla-
100 OF lhs mnil, aud the more rapid diffusion oi
intelligence circumstances thni enter largely
| into tue commercial Transactions oil tho coun-
! ny. 10 coonicfsal the benefits That would
aus i,nm III, Improvement, II MAJ DO stated
thht an outlet Is furnished for the commerce OF
'he upper hoanohe 10 Norfolk, by the canal
'h'o "a the DISMAL > "amp. la Tins Improve
meni The State has invested S6i QUO that the
| i'f"hIs u on tie stock Of the Dsmal Swamp
Canal, VIII be disninishod III proportion 10 the
IA AH. q
upper honnoake along tne proposed ali-~ay
10 fttersbnrg, and that consequently the com
hefce OF Norfolk will sustain IA d,ni1uiion 10
'"e same ihlio. These conscientious have had
much influence with the Board bot, from the
best view The Board mas been enabled TO take
Oh the subject, II has resulted III tue opinion,
that the application uIeriis the favorable consld
.ra,lon ol the Legislature,
lhe enquiries OF the Board MS 10 the cost OF
contributing N railroad. (w'th n SINGLE Tsck)
O. VI 'he oAi col constructing road oil the das
! c''P''oh OF III. Kannn la road, has resulted in
'ue "uop'lon, as d general estimate, Of The sum
oI bia 10 eight thousand dolns per mile Tor
ABROAD, aud The SUN Of 6OO dollars per
miIe Tor Tue construction OF common road.
| It's proper TO remark, that II the extensive
| plan oi improvement indicated by the Board,
| sDould be approved, and loan resorted TO, IN
most ms nces The eatiTe sum necessary for the
! Improvements, can only he required as the
| worn progresses, and that "a considerable pc
rod must intervene before the whole amount
can he expended that therefore tho loan
| should be obtainod by instalments. Bo as to pre-
vent the unnecessary accfang oil interest.
The Board entertaining the opmion that the
| patronage Of the Fund Tor I.tcrnal Improve
ment ought to be extended with some regard to
ca Ialny, lar as II Is practicable, exhibits the
| following statement, showing the .sDurseuienis
! OF the Fund wIlnn the four great dlsIaIUns oil
the Comm onHehllh
| /. DsircI below tide water:
Subscription 10 the Manchester
aud Petersburg lurnpiko
| Company, 5000 W
10 The Lower AppOmattoI
| Company, 10000 "
To tue DISMAL Swamp Canal
Company, $1,000 90
! 10 the kehmond Dock Com
| pany, o2,oOO w
Loan TO the Richmond Dock
Company. l2,500 90
! Loans to the Dismal Swamp
Canal COMPANY, $4,000 90
$500, 800 %
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