Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1841-03-16


Bank of Virginia, $4,000 %
Unrefnaded loan from the
Bank OF Va. at Lynchburg, 432oO w
Unrefunded loan from the Far
mers Bank of Va, 52,U.2 -
Unrpfundad loan from indivi
dual members Of the Board
Of Directors, a,91o w
Loan from alessrs. Palmer,
MK,llop Dent & Co.. here
tofore mentioned, ou,UUU w
'A deemed r''' 4I2ss4 46
Estimated crest due thereon, 1867 IS
Nett revenue used, and 10 be
refunded, 'loi' ~
Total, - oo:,'oi -
~. ION ~, nf lands 1860 90
MAKING an AGGREGATE of s67a62l Il
The resources of the company on ST OF tins month,
for the means Of carrying on lis improvements, may oe
stated follows:
Balance of Richmond and
Lynchburg scrip unsold. lOo,lO0 w
Balance due from stockhod-
ers on their subscriptions, leo,:te4 81
Total unrealixed from first ca
ui,aI. 29l Asa 30
A id unrealized balance OF the guaranteed
loan authorized By the act of the 23d
Mnrcb 1899. s3l 500 90
Also balance Of cash in bank, 1920 Is
Making aggregate Of l,l43,ool 70
From which deduct liabilities ahvve sta
ted, o'2,o2l ~
Leaving balance of resources applica-
ble when realized, to the new improve
Inents of the company, OF S'du,'o5 -
For ur her information relative 10 the fiscal concerns
Of the company beg leave 10 refer TO the secrftarys
detailed statement Of the receipts and disbursements
far the wear ending with the aOth November, 1910, and
his summary of receipts and disbursements
from the 9th June So. 10 the Both November, le40
See Appendix C. and ID
beg leave before conclude, impart tn the stock
holders a communication received from Mr. UHfiam
Laks principal assistant engineer, explanatory Of the
advantages of guagng docks, means OF testing the
tonnage of boats and their cargoes. 1t IS 70 this eag
necr That indebted for the introduction of this
me. hod of ascertanng weights canal, which as
far as we are informed, is entirely in this country
hut which appears To be well known in England where
Il is perfectly established and general use upon the
line Of The Grand Junction canal alr. Lake being
about TO to England with the view OF residing
hereafter his native country, embrace this occasion
10 Spress the stockholders the hi gh which, al
ter official intercourse with him Tor several years,
entertain OF the purity and dignity OF his character OF
the modesty and correctness Of his department. and of
his intelligence and skill as engineer. (See ApPen-
dix E.)
also herewith communicate TO the stockholders
set of rules and tables for the OF water
drawn from, the canal, whether delivered weir or
gate or through rectangular aperture under gwen
mead The rules those furnished By the celebrated
Mathe mates for Practical Men,, and the tables pre-
pared By Mr. Gill, principal assistant engineer in order
to facilitate the practical application OF the rules
Upon this subject deem il also advisable TO refer
the stockholders TO letter received from Charles
Bonny castle Esquire, the late distinguished profess
sor OF mathematics in the Univrrsiip "f E',s'-:.
pressing his Of the accuracy and value OF these
rules and tables As the subject is one which mater-
ally affects important interest Of the company, IN
reference which very desirable 10 avoid grounds
of controversy both with regard TO the present and fu-
purchasers of water power, respectfully suggest
the expectancy Of referring this document to the cons-
dea,on Of committee, TO act during the recess OF the
stockholders with the understanding that neither the
rules and tables communicated, nor any other re-
gulaons relative water power, which the President
and Directors may think proper to PROPOSE shall be con-
sdered as valid; without the previous appreciation and
sanction Of the committee (See Appendix + and 60
In conclusion, beg leave to tender to the stock
holders the sincere and cordial congratulations Of the
President and Directors the opening Of the first
grand division Of the canal event which consti.
tutes distinguished epoch in the compnnys progress
and one which is calculated to shed benign influence
on the whole course Of its future operations.
All which most respectfully submitted.
JOSEPH c. CABELL, Prest
of the James Rirer and Kana,ehG Company.