Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1843-07-25

Hath she not then, for pains and Tears,
The day OF We, the anxious night,
From all her souows, all her tears,
An repayment OF delight"
To The SOekhsidsrs of the Louisa Railroad Company.
writer in the Wing, of July goth, the signature
OF "Stockhoder" abiding brief article signed Yer
bum Sat" says "A writer in the Wing OF Tuesday has
i be presumed Internationally presented incorrect
in relation the late negotiation between the
President and Directors of the Louisa Rail Road Company,
and the Commtteeof the Board of Directors OF the Rich
Inond Fredericksburg and Potomac Rail Road Company"
and ntmaes that the write probably hadsome
unworthy design.
This stakeholder is singuarly that pub.
licaton. lie acdges inaccuracies which he does not spe
city, and cannot because there and more tan ALL
himself subsanatcs all that is material OF the statement
he he ''incorrect." did profess 10 give the
history but result the negotiation, and appnse the
Stockholders that proposition, which thought unreasoaa
bic, would be resented at the Meeting, ls OF August
This Stakeholder gives verbose history OF the negoua
ton, commencing with the Resolution which led to IT, and
then remarks "Now ali this is certainly very different
affair the presentation made by the writer in the
Wing OF Tuesday" Now say too, all this is different
from my because il refers matter not touched
by me, being irrelevant TO the object Of communication,
which was, las clearly its face to report the
issue of the negotiation and the and 10
urge the Stockholders to attend the Meeting.
After aludng the prescribed condition, the withdrawal
of which, he tells correctly the Louisa Board made
qua the reference OF the question TO the Board
OF Public Works, other arbitrator this writer
quotes from the communication OF the Committee OF the
Board Of Directors of the r., +. & p Company: "Thcy
'canno therefore, withdraw that portion OF their PROPOSE
on and the remainder OF but that they per-
iocty willing refer the whole proposition, &C. &c Now,
This proposition contained the obnoxious article which the
Louisa Board could submit, because 1t never con-
Iempaied by the Stockholders refer that proposition and
FOR the further that conscnng Its arbitration,
would in their estimation, have been an invnidauon OF an
unquosionable right the decision of which belonged only
themselves. The above from the communication
OF Stakeholder subsantates every thing material in
my But, Us am challenged TO discussion oi
of this proposition, which declared 10 be so
unacceptable" and 'fair aihough have design.
az, his nOt stO here ht
will unyeil il to the public eye.
Before proceed to that task let enquire, what the
inaccuracies in my card OF which lac complains Can't be
omission recite all theproposed referees Surely not
spoke in general terms. "they declined reference"
less the rejected article asn referred ltcannOt be that
$50 900 said to be aboui the amount due" The
affect the principle, and moreover, that
erroritwas induced by the 9th
of Juue Louisa Stockholders when about $4,000
reported be due. Such these, bubbles and
exceptions for those who have the Rich
mond r. Road Office 1t may be, thatl styled the required
investment stock "a oan;' the Incline TO that
luton Of the unexplained Of complaint from
abe card Of the President in this days paper, that he mani
sensitiveness in reply slight OF
the subject of this odious condition. think the
whole Board Of Directors of the Louisa Rail Road Conn.,
pany regard this required contribution OF capital as ynony
with LOAN, and if my memory as to the
closing communication %: the Louisa Board, which head
read President Mr.. Kimbroush there styles the
,ribution stock But possessing the udyan-
Iape Of "a Stakeholder" in having President at
Svsiting desk, compelled TO speak from memory on
that point. Let however, introduce the famous propc
sitiOn" ITSELF and see whether may be called Loan
MOI having obnoxious article before me, shall
tempt give tteray, but my recollection Of its substance
pretty accurate, and if do not state substantially
presented will be gladly corrected by Mr. RobEson's
record.
The Louisa Company isere required 10 furnish $50.
O00 Of Stock tobe employed BY the r. f. p. Company
an doing the transportation The Louisa Road at te
srBiTaoH Of The the Lousa Company to be paid
IN any of Tie LoeonOfirss, sc. So. Of ne il. f. y.
ca unless the Company might elect 10 pay MONEY
Now the II. 4. & p. Go, presume calculated that
HrraII. FtFeEu .u ,FE
and deliver ihem but that their claim for Sl6NOO or
800 900 or whatever might be, TO be converted into
the surplus Stock now, used on the Louisa Road Accord
ing 10 my Judgment the required contribution OF Stock,
stands with the privilege OF election reserved
20 the R. r. & p. Co. pay IN their surplus stock,
would be to all practical purposes loan; and loan
TOO 80 UNEQUAL in its mutual advantages that
ishcd 10 hear any man, who sOckhOder m the Louisa
road declare that the proposition" not only far but
peculiarly "GcceptdbIs to him not account for the
wide difference IN our Of this article in the propo
son without dsalowng his capacity to form correct Cpl
Mon, unless liberty TO surmiso which seems 10 be
but charity that he may be stakeholder in the r. F. Il p
Co.. aud 10 larger than hc - in the Louisa COM
pany; and his Judgment like that Of many other pure
iy dsinferssed men, somewhat warped by his interest
Being somewhat curious account for 1t strangc facts
meet with 10 lie should "a Stakeholder" have occasion to
wnte again on this subject ] would respectfully request
him lust 10 LEI ne know whether have accounted Tor that
extraordinary opinion Of his IN the ngh way O he one
Of those gentlemen who have such burihen Of cash that
they like bargain the better the more they have chance 10
lose 10y IT, On my part, viii state unreservedy hhougn
he seems disposed class with those having Teai
and substantial interest IN the company, that own
real substantial and unencumbored interest ~ the Louisa
road, and in that alone, 20 amount which cant u9rd
10 he with. Now, which Of ~ D. the most sale and Judi
our counsellor for tie Louisa company, let opinions
an the above proposition determine. lie thinks highly
advantageous advises the company to acceptu; on The
other hand regard most unequal and UNJUST and rc
commend reject IL. Alter saying that tie "pr"po
sit1n was te more unacceptable 10 hm "berause Jse
rents our dirdpg This amount among sf0ckhDlde,s
must beg him. when he Is tempted to question other men
hereafter, to remember the celebrated lincs o
Burns
~oh that some power the gin would gle us
To see ourselves o. others see us'
so strongly docs HE communication lean to the inteTcs
~ the r. e. e. =. CO. That, f the writer had not apprsct
va how "iarae on interest h. had IN he property o. h
IsDisa road aud then actually signed himself "a stock
holder should really have been inclined 70 suspect TIA
DE- had sympathy with ne ut uii-ihui instead =" ad''ca
tnr our interest, be pleading the cause Of Moncur
NV ant,pni.t advises the stockholders attend c meet
t, M, tf, had of Aurus ON Glad we can agr,c iu on
fhno heartily concur that advice 10 nH, especially d
gentlemen Richmond who have rarely attended; and h h
fhinks Mr. Robinson s ever influenced 10y bis wi.hcs
would recommend him urge Mr. u. TO reconsider the 70
solution Of Louisa Board ndopied unanimously for pro
nodng the fall attendance Of the stockholders n per
son NJ the meetings Of the company aud which undcrnn
De- has rcioced viz that the stockholders Of The Louisa
Road should have the privilege Of travelling on atfoad O
such DAYS free ~ charge
we would incur no huzard IN doing transportation
,nlr,s che " r. & r. Company should twhc1 will not be
vcl contrary % the dictates 81 their interest continue
smbarfasa for Nero revenge Coh, ~ U, N''"ls' W.
lt add some of our stockholders have procured ro'
HI, information on Ire subject will shcw you there b. %
danger D1n't be alarmed by asockho.der possibly yot
intereafand bic may not, in OIL Tcspccr pc ioenuou p
,p h. does mot secn 90 consider large necessary
Aeon us on nfc ground. Speaking Of the debt now due
Sf6OOu he says 81 certainly prefer myself resor'ing m
fund fn order that the company may be- o. ON tunes tRa
ssSsaf)~ sc. Sc. n che possession Of $1,000 even
oxinafos state ~ independence, thorc noneccssiy
,rr Il ID contract De made That sum - not very mu'
. our former average aunual receipts FOR The next yea
having ali our timber hand, our nett receipts VIII
"PERBUM SAT-"
r.Rin iho card 81 the President o. ihe Is O. =.
VOID ilai alters the whole face Of things he say; ~