Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1853-10-29
STATE AFFAIR
Virginia Central Railroad.

Virginia Central Railroad.
The smunton Spectator has T, eeised. in adj
vance, the President Report To the Eighteenth
Annual Meeting Of the Stockholders of the Vir-
ginia Central Railroad Company, from which we
eather the following
The report urges the policy Of pushing tho
work to an early completion. and for this purpose
recommends an application TO the Legislature for
n sufficient increase OF capital stock, and also for
a loan on mortgage, lest the money might not
be speedily raised by subscription
The President urges the construction of short
line from Charlottesville to Richmond, on good
reasons both of expediency and necessity. a
double track on this end of the road will soon be
indispensable, and the advantage il shown on the
score of economy in cos, and distance by making
this second track on the shortest line, by which
II saving Of % or 30 miles can be effected. The
old line by Gordonsylle will, is argued, be prof
table still II branch road.
The road is rclaid with heavy rail from Cor
donssille Ia the Junction, and the report recon-
mends the early substitution of the heavy rail
throughout the line. The work shops of the
Company have been removed to Richmond.
The receipts of the last year, ending the Both
Of September, amount to 1910, 052;ll, an excess
of st3,3O6,H over the previous year, while the
expenses have not increased in the same ratio
This gratifying addition to the revenues has oc-
CURED without any material extension of the
road, having been advanced only 3miles in the
yeur.
The Board recently declared dividend of 10
per cent. on that part of the stock created by the
acts of 1896 .'3s--47--45 and 81, that being the
stock expended on the part oftle road now III
use.
UNIyERsITY.-The Governor has commission
oil 1 4 81, H.,
a Visitor of this Institution; in place of Col. tn
j. Randolph, resigned. A most excellent APP
pointment. Mr.. X. is AN alumnus of the Uniyer-
sty, and all future appointments of Visitors, We
think, should be made from the samc ranks
Char. Adpocdte.
FINED.-Thrcc of the individuals, thoughtless
young men, who some time since broke into the
mansion and committed other depredations at
'Montccllo," the property of Com. L. Z. Levy,
were fined 1925 and 800 each, by the Circuit
Court last wcek.-U.
We learn that while several persons were clean
ing out the house occupied by Vim. Coleman, at
the time ofhis murder, little boy, who was ru-
muging about the creyices in the old building,
found S5l in money, wrapped up in piece of
paper-S15 in Central Bank notes. and So in sill
YER Stanton ViRdicator.
VIRGINIA MEDICAL SOCIETY The first semi
annual meeting OF the Virginia Medical Society
was held in Charlottesville, Tuesday. DIR Thos.
=. Atkinson, of Donville, the President of the
Society, presided, assisted by Dir. f. Striblinp
one of the Vice Presidents. DIR. &C. Gooch
acted as Secretary. DIR. Atkinson made very
interesting address The Society held night
session, at which matters interesting to the pro-
lession were considered. Ii met again yesterday
Just as the cars started for kiehmond-R. Dis
patch.
PROGRESS OF THE WORK. he laying of II G
truck of the 5. :. Railroad was completed to the
river nj this place "A few days since, and car is
now employed hauling the timbers for the bridge
here, which is already, we believe, for the super
stucture.- FdrmriHe journal.
ELECTION OF PRESIDENT OF J, II, x, X. COM
PANY.-Thc following are the proceedings of the
Stockholders on the goth inst, i'll the election of
Il President and two Directors: