Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1843-01-05
Dongeotsc fntelli0eMrr.
MEMORIAL OF TIE
JAMES RIVER s kANANlIA COMPANY

JAMES RIVER s KANAWlIA COMPANY
ID The General assembly of rircinia
lie memorial OF the undersigned. committee If the
stockholders OF the James river and kanaw coon,n,
respectfully represents: i''
That a, an annual general meeting of the stock holders
0, me James iiver aud kanawha company, held on the
l'h day of December. 1872 the following resolutions
inng others. were adopted
" hcsored, That a memorial be presented without de-
lay. Inc general assembly now session. praynp the
passage Of an act or acts embracing the following pro
Visions =
l. mat The ith section of tho act entitled an ac, IN
coporitng the stockholders Of the lanes river and an
Wha company passed the 10Th March. 1920 bo =,
inehded 81 as 10 remove the restrictions uppn tn.
Iaeu articles, ana TO authorize the comrauv Ia charye
iois py te ION Vt Two Thousand pounds instead of the
"h VI TWO Thousand two hundred and forty pounds; and
P'o'us TURNER mat the company shall have the rUht
IN all cases TO levy tolls high as those formerly pa5 IN
tho james river company '
ihsl inasmnch as the company will not no ,nle ~
meet me interest which become due ON their omar
sneed bonds on the first Of January next Tho state Will
make temporary pfovsi or the same on the cond,
iha that The advance shall be reimbursed as soou a,
practicable by the company WV "
j. That so much of the lean act Of the 9th If N.h
last as requires return Of hundred ,bons,rd Adj
ars Oh The company guaranteed bonds to the treasury
Hay be repealed, that the COMPANY may recavo ,h
siaes guarantee Tor the whole of the loan orig,
- '-'" y sho 'ct vi Tue God March, 1889 pro-
Vdd, however, that such guarantee upon an amount Of
b'has equivalent to any advance which the state NAV
o"em proper 10 make account of the companv,s in
iefest debt on the first of January next NAV bs with
held until such advance shall have boon reimbursed h
the company. "
g. lhat The portion Of the COMPANY bend. which m,
receive The States guarantee in virtue of such renes
mag DE pledged or sud by the company. with view 10
ensure The reimbursement company Interest
and Dividend debt, and to meet its july n,eres, and dv
deRi dsot, and any other passing demands. nr,vidJ
however. that these bonds shall not be pedued or sId
~ the company at price less than the prey,ilino ma,
ke price for the time being of State oock unIess il ~
necessary TO do 50 for the purpose Of meeting The n,e
est N dividend debts OF the company and then so far on
~ a. shall be necessary for that purpose; and
a. that alter all the prezent liabilities of the conpanv
OS Than its permanent debts shall have been discar
geo. ana as soon as the revenue Of the company will per
m there shall be established sinking fund of one hal
~ una per cenfun per the amount Of those per
manent debts, 10 be applied regularly to the discharge
The principal thereof; which sinking fund shall be pr
vded ont Of the surplus Of the company after III
payuent Of annual charges, ordinary and extraordinary
ard f the interest debt Of the company
~Rcsotued. That committee of five be appoin,e
30 psrpare hhd rsescHt The seuoyia to the legislature
And the undersigned were appoiased the commiite
csatemplsied by the last resolution siUVe CRED
Your mefnoriasis in performing the daty asspne
~ mem ofaskIng, on behalf Of the James river and kar
awha Company, the passage Of an act embracin
the pfovisccs specified in the resolution FIRST above rec
led. boy leave respectfully some M the reason
blb'h csed the adoption Of that resolution by the con