Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1835-01-01

ed from the Auditor az to the pr,scnt condition of IN.
STOCK by which 1T appeared that six hundred shares of
stock would still remain undsposcd of even should the
Common Hall be authorized 10 subscribe the 1000 pro-
posed The gentleman from Nelson shakes his bcadIIf
nc SAYS otherwise will yield the floor to allow him
correct my statement.
Mr. Cabc rose and gave a statement of the various
amounts OF stock subscribed, from which he drew the
conclusion, that the stock of the Company would be
made up by tomorrow including the subscription OF t,
Common Hall There was, MIR Cabcll WAS inform.
ca, a private subscription going in this city.
on which he understood upwards Of four hundred
shares had been subscribed independent of the Com
mon Hail subscription. IL impossible 10 make
minute statement of the stock subscrbcd because ron
inc efhrts constantly going on statement made at the
present moment would not be- few hours hence
he had no donbt tina, the stock would be- made up-and
lac would state piece of good VS. that he had recciv
cd letter from gentleman i'm Lynchburg in which he
iouhd indications that the corporation of that town would
coming subscribers to its stock
MT Colson said he had yielded the floor to the
gentleman from Nelson, Ia give him an opportunity
10 make AN explanation, and not speech. 1t seemed
mat The question was narrowed down to the simple
considerations whether it probable the charter could
% saved and how For his own part, the very remarks of
the gentleman from Nelson made him doubt whether the
matter was at all certain lie thought the IFS and butts Of
,hc gentleman gave strong indications that he himself
mad many serious doubts If the charter is not to be
FORFEITED II Is evident that on il PROMPTLY
ana nir O. was convinced tat the only csctual action
would DC the passage of the bill extend the time of
tne company we know well that there is design in
eter House OF the Legislature to destroy this charter;
and we also know, that unless storm shall keep back
the Steam Boat from Norfolk there will be quorum of
the Senate IN their tomorrow ready and WILLING
lac believed, to pass the bill extending the time The
charter then, be saved by legislation if the active
rehds OF the scheme will pursue the only course
ny whch That result can be attained But the gentle
man asks, whence and why such great solcitndc for
the interests OF the citizens of Richmond-and why
we are so ready to step in between the citizens and
the qualification of their wishes Mr. G.. answered
that 1T was because he and those who thought with him
were citizens Of the State, interested in the welfare of
every part of it, and they thought not only their rrh
N 10
to their fcow-czens when there was a complaint that
was about to be violated We think in this case which
certainly as now presented TO the House very strong
one that we bound step in between the rcntle
man and his victims. He asks us why we did not also
sup Forward when similar applications made from
I.ynchburg and Petersburg: Because. | reply said MIR
W no complaint was made to the Legislature from those
corporations that we were about do injustice and in
hct INJURY upon portion of their citizens Is that
the case here No. sir minority appear beforc me
socmny affirming that their about to be sa
crhced by our legislation; and bound by every
oil justice and fair dealing Interfere and
protect their rights at least far give them hear
ing MIR. Coston was not that he should not ut-
mateiy go with the gentleman for his scheme lie did
not KNOW put he might be tempted 10 little from
his own views rather than oppose the progress of this
great work: If any thing could tempt him TO do So it
would be his desire TO this competed
But the gentleman further asks us with some little sim
nhcance, whether TO sit here TO be instruct
ca ana enlightened by lawyers? Why not? Has the
gentleman never been instructed by individuals of that
most respectable professionalism said Mr.. Coston
there IS another reason for yielding the request
ought
weight. The gentleman from Richmond is in duty
bound to represent this cor the wishes and nstruc
IONS OF majority of his constituents The minority
therefore, have no legitimate advocate here and hcrc
fore they appeal to other members of the Hous 10 sns
tam theIr request and that they have Justice at or
hands. And we cannot be justified in Gsrcgardng such
an appeal lie had formerly said that the withdrawal of
SUBSCRIPTIONS IN case the time of the company was not
and this bill passed. would probably cause the
forfeiture OF the charter he thought so still IL would
be result which he should deeply regret and If any
vote OF his could prevent the forfeiture should not oc
cur But he asked gentlemen to observe the tone and
sPrt oil the memorials which had been read this morning
the eepfeeing oinury and indignation with which they
were expressed And know that if we pass this bill and
90 not pass tue other is III the power these memorial
ISIS TO cause the forfeiture of the charter Mr. c. knew mn
ny OF the individuals whose names were signed to these
memonais-they are subscribers the stock and if the
House should pass this bill day and the Senate to-
orow-aiter the adjournment of the two bodies these
individuals would withdraw their subsc and the
charter would DC destroyed-dcstroyed forever-for YOU
cannon rcsscilae 1T on the next day This was no mat
Ter OF speculaton-and Mr. c. believed the statement of
the gentleman from Nelson would corroborate this yic
of the NATTER if Invested of the Gentlemans homes and
expectations 1t was far from the design of Mr. c. to
attribute unfair unworthy motives to any one-ccr
ainy ne did not attribute them the friends and a,vo
u'es Oh inc Dill But 1T could not be denied that the
form of this BILL and the manner in which il il messed
forward, did look as if intended to force this sub
scripon upon the people, before its effects could be duly
"eished and to deprive those subscribers who NAV dis
approve the measures of the of withdrawing their
contributions He knew that the gentlemen who ndvo
Gated the bill had such intentions; but such would bc
inc inevitable Interpretation of the measure if il were
now to be hurried through without further time for re-
Election and debate.
Mr. Janney to state the reasons which would nc
tu1te nm IN the vote which he was about to rive He
had strong doubts Of the expedency of allowing the ma
Jorlty OF corporation the minority To the orcot
extent which must be the result of the subscrpton now
contemplated by the Common Hall of this CITY He
douDted thc pohcy OF such but if he could
nave until the 10th of January to consider upon it, lac
might be induced to vote for giving the authority asked
Tor, to the Common Hall. 1t great debt which the
City al liichmond now contcmplacs ncurring bu hcn
II was great object for which TO be incurred FL
allowed time to reflect upon the subject and should his
judgment be convinced that the measure o,oL In Inc
adopted he should give il his support But Ie wouId
ask, is 1T necessary TO press forward this bill at the
present moment! They had right 10 speculate upon
Probabtes and he presumed there would be a quorum
S senate IN their seats Tomorrow did hc doubt
hat they would pass the bill to extend the time for keep
ing open the books of the Company But if he had even
strong doubts of this, he could now vote TO give t
power to the city of Richmond, subscribe the LARGE
amount proposed The gentleman from Richmond seems
10 presume mat 1t Is not essential that the bill cxtendu
the time should passand that if this bill is passed fe
STOCK would be made up, and therefore the charter would
DC saved But this, in the opinion of Mr. j. was by no
means certain The amendment of the gentleman from
redeIck II adopted would put into the bill the seeds
OF obstruction Suppose then, the bill is passed and the
Stock being made up when the limited time arrives the
charer Is savedyet the amendment of the gentleman
from Frederick, coming in at the end of the Bill will al
houg according to the charter the company is saved
put in The power of the stockholders TO destroy il nj
any moment afterwards. There was another reas6n ,vhv
ne could not believe that the charter could be saved Nv
tue passage OF this bill. He looked around him and he
knew That many Of the individuals who composed the
minority OF the citizens were holders of stock Ia lar
amount-tleir memorials speak their sentiments ON Ills
SUBJECT And he did not doubt that they were fully re-
SoiVea 10 Withdraw their subscriptions whenever this
Dill should passnor did he doubt that tosc Withdrawals
would cause the failure Of the charter He hoped bcre
al 10, I..I Al.