Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1842-03-05

Presented to the Legislature on the 80 February,
1912, 10y the President and Directors Of the J,m,,
River and Kannwha Company.
To ne GnsTai .1''emJiy Of Virginia.
The underssn President and D,,..,or, ,5 -.
James River and hanawha Company, respeetf,iIv
That since the presentation Of their ps,,,ion o,k
ing me AID OF the General Assembly, thew have 70 o.
.esco 'ur1her information touching part of,ho guar.
anieed bonds placed IN the posses Of their ogen,
which they deem IL their duty To CON nnunirotc7
by paper forwarded to them from General Han.
Htoni pufportng 70 be "a contract between bi,, a.
the Agent Of the James River and Kana,ybo Con-.
piny, ana banking House m Amsterdam. bearing
date the 25th August, IN the yesr one tbo,e,rJ
eight hundreJ and forty Il appears that The hL.
agreed 10 open loan % Gen. Hamilton. ne ,tc
Agent oi the Company, not exceeding one hpo,,,,I
and thirty thousand gul.ders for period of one ver
Tor commission Of two and half per cent fir NJ
gotating, and a. an interest Of five Der reni,,, r,
annum, upon plete 81 the guaranteed booJs n,
the Company 20 thc amount Of fifteen tl,o.s,,J
pounds sterling. For the details of W lief ro,,r,c,
reference may bo had 10 the Contract itseC d, noe
sc'son oi The Company.
The undersigned earn from Gen. Hamilton that
the whole Of this loan, amounting 20 about 6lv zion.
snnd dollars, was taken up very shortly ,fs, a.,
dare ri the contract, and applied rh,a 10 the zee,
OF tho Texan Government, in the iuII cop6d.,-,
that loan On behalf Of that GOyernmsnt. To- 80
iHfge tn0unt, WOuId spec iIY DE COnsumrtsted tt
him from The proceeds Of which, the usp y o,,,,
l cd from the bankers m Amsterdam would be 80
I placed, and the bonds Of the Company rsds,o,,I.
blt tha. in this expectation he has been d oof,,o,
\ I'D ~ unexpected aud uncomfortable evs,ts.-
though he yet seems confident that the mooev j, eff
/ shor'y be 20 tered. and the bonds redeemed
They have received from him NJ the s,ps time
three pipers executed 10y hun with view tn iod, M
nhy ihe Company, the FIRST bearing date The fret n,
September, 1870 the second dated The 18th Fst,r,
! ~, 1911, pnd the thfd dated the f3.h J,pu,,y
J l5i2 They arc intended to give lien on Gso,,s
/ li1mi.iOn'g interest In properly, 70 very l,,,,
! amount, in The States of Alntama, Nississiooi
1eof-ll and South Carolina; the whole n bis IN
| trreft in which, sfer deducung prior incuphrances
i5 ostm,tej by him NJ eighty five thousand ssv,r
! bundled and fry dollars. What may bo lie ,,f,,
fnnte value Of this security the undersigned have q,
means OF Judging.
! IL ls OBVIOUS however. that % cannot Ls ,.t,,
upon as furnishing the means Of speedy rei,eC no.
afo They yet sufficiently informed u me ei,e,oo
si1nccs attending ths transaction with the lo,,c :.
Amsterdam n enable them % obtnio ,,,,. &C.,,
advice a. 10 the extent Of their legal liability ia, an,
loan, % the right Of the bankers 20 sell bvno
| thccited bonds.
! The fifteen thousand pounds Of bonds thus ar.
| counted for added 10 the ono hundred ood ,,t.
| thousand pounds supposed to be M the boods n,
| Morrison, Sons n Co, Of Lon on, leaves VET mac.
| counted for eight hundred pounds Of the bond
| placed IN the hards Of Gen. Hamilton. Tb,,. n NO
earlier explained, they have no DOUBT will be nc
esin'ed Tor, on the return Of Gen. Hamilton from