Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1855-10-30

Received from Board of Public Works, liopOD Il
Total. ...-..---.-.-:i i-':.o >
Discussed for work, -.!"S'o"' :
$?j,79O .
Balance ON hand September itth lsj5 10
the credit OF appropriation for tie Third
DIVISION. -.-...-...... .-.......--.'.- l'iI' :
Proving the balance refunded to the mp
prnprintIcn for the Third division, during
the year, n before stated. of. -S2b,MS =
The Company IL" being able t. pny out ri lir ord
nary any portion "t the interest upon IL per
muIcmt dcbi. due on the Isl 81 January lost, II
Board. in roniurIny with resolution ., the Con
panv, having the permission al the Board ~! PuhI
Works, proceeded 20 pay out The Interest "t money hp
prnprintr,l Ia the "Thrl division, with the under
sa,iii, TINT il Ia be- refunded t" that account Il
i, might be called Tor III the lro-Hcs, oi the work.
! In. ulnnunt ~ applied was Sf6,TtS: Gnd the BUn:'
have not failed to carry ihcr understanding viii
the Board of Public Works. 4 similar inability Il
pay the interest du" the lst day at July, induced
an unpr;ll the banks nj the city, winch. III mr.
liberal al! patriotic spirit, loaned the company SOL! ooi
la respect Ia the interests ana annuity DUO und l.
becur: due. the Board recommend that application
be made To the Legislature for IN appropriation Z"
Si2.D 10 b. ret apart as may be required, i"r fil'
payment Of the stipulated annuity 10 the Stockholders
Of the Old James River C0lnpnEy-a part al which Is
past due and the balance becomes due N janlinry ~
july next for further appropriation ut l3oO''O Tor
the payment ri the interest upon tile guaranteed
bonds nj the company due in anuary ami July next
aud for authority t" the Auditor "l public accounts
to receive the c"lnpamy- bond. payable nj such times
and in such inStaln:- the General Assembly shall
he eater provide Tor $l72?s -, bcin. tbs ha nuce
, u interest due I" the Commonwealth anu one
other bond, III like character, f"r ): lN3 w rS nit"r
t! same shall have na'ur"d il being tor interest due
To- the Commonwealth in January and July "i the next
y-Hr.
M cfaugc ha- taken place in the condition of the
Sonh SD" aud Rivanna connections zinc. the last
animal meeting.
The Blur E;d,c Turnpike anL Ferry hive been
kept n their usual good ordcr-but have not paid
their expenses.
Tn.rn.nunny have paid 10 Samuel Mcdowell Reid,
Esq, trustee, the sTni ." fourteen handre ani i'r'y
thrr, dollars and thirty tGr cent?, interest 'in" III
January and .Iulv last the bond. at IA" Norm
river navigation company guaranteed ny Inc ''li'rS
River and knnawha company, and III account "t
sinking :nd, I" be applied III the 'n"ier directed ny
the agreement between tho two companies al me
l'h of June lSI3. The trustee reports thai he Inns
ilvustc! The amount pail account al III" sinking
fund III bonds ui the North river navigation c"mpa-
ny ut ten per cent. discount, from their par va'He
'bcing Int ,cd that il IL safe AM! speedy mole
of pawn. III the bonds rs any ihut rou bc adopted
Tie report Of the n.cpt the Western improve
mcnt-, exhibits the gratifying tact al an increase III
the revenue of both the kanawnn road and river. -
On the kanwlR road, the receipts were, S''o"" ~
| ~ ,L. n; h,..,,,,,,. $50 -
I'm ,Ic E,n,,h, I.i,rr tbc rrcriut. were H. ,lS 81
| ,IJ Tho II; IL ,,snmnu,. 800 %
Net income i"n the two improvements, ll''' -
Showing I'm increase compared with III" go
Il previous yrur, OF i'''" ~
Thu. is the svras income ever realized IN one year
-aIr would Lave been larger, bat Tor HE occurrence
of two accde.;s the river resulting III LOSSES 10
cover which te parties retain Tor the present '"S
, due bv telnsrl,r-.
Before the Commencement Of the summer tEar"!.
the usual amoua, Of work was performed OH me Turn
pike extending from Covington 10 the Ohio river"
distance Of more than two hundred miles '''u !''c
road thereby placed III excellent condition. ou1 it'
quent heavy rails occurring soon amer. '"' Nv" CO..
WINS washed away and the rnad rif III worse "!mc'
than il commonly * at tha season oil III" H't'' -
agent Of the pany has it III c"ntc'nPAf'" I" p"i
sue for the iulur. different system OF repair Which,
while it will not lroi ably Md 10 the hi''i' 'Ai'7'
2 will, il is hoped, insure always II better roaa
Upon the kunSyvha river, the business "i irclgh'
ing has been Continued with les. interruption 'r""
l"w water than i:rhaIs ut any time WITHIN '''c '"''
twenty years. go ,-,o
in reference TO he Improvement al Inc h"''"''"
river, the Board sly:
al, will he remembered that Mt the last meeting OF
the Stockholders authority was gwen me bhr" ~
borrow money To- that purpose IN ''' , '" v,
March, orders adopted by the Beard, copy 81,
which is hereby communicated when th'y h"pcu
would rcsui, in claiming the requisite amount rom
parties largely interested in the trade anu ha'i""
Of the river. In April. the Chief Engineer WIS "a
.truried proceed Ia the kanawia. n'i mike Sueh
an examination OF that river, ami trterihih" upon
. such details Of plan H. he mi .h: think proper w II"
der 10 prepare it fr Improvement upon the haS'S Ut
Mr. Fi.ks report q the list ol orl"Der las UNI ~
T. conformity IL the resolutions ui the Board "t Ue
of March-to invite proposals for executing the worh'
and enter into Contracts for the sIInc suHieci /" ~
approval n the l"arl-and generally I" d" a IL ''
i power to facilitate and hasten the accomplishing. y"
!, In, Improvement. \ copy of the In-fll'ii"ss NV"
. the President, based Upon this resolution "i me p
and of the Chief Engineers report upon 'h'S SUIT
embraced in his annual report, and also u sup. e,
+ mental report from Mr. Fix on the mPr"' c'G i
4 th. Gr,enbrrr, New and kalIawha rivrr> are nt!'
= with communicated. Ii will b. sccn mat the N'.'e
Engineer visited Charleston in May and again II, AN
IL gust bur found il imraccnbc to make Il ,''',',
i nv examination ri the >luccs and Shoals "r !" Nv,
u ,li.h nnv thin. by wa? al negotiation Of contract
= The Board say, III Conclusion: =,
Il rhn Stockholders having referred IN sfecihl com
nittre proposition submitted by one ~ NV - '
i nroxirs To fund the debt OF the company n"e .'I
or vulu. Of its stocks, aud provide new s''h i"' ''
fI,;,, Of th,. rnnnI Ia Cuyin-iui, nud inr The IN
prnv,ncni of the kanhwha river from us NOUN, Wv
Board will not anticipate the acrlon 81 'h'
anil unLar these circumstances prefer 10 hoS,'" '
remarks in reference 70 the future p"ii'y 81 tue com
. nomy They cannot however close thu report WIN
,ut EXPRESSING. in the Most earnest manner 'h'' noL
: That the Legislature will Mt It's neSt seSs" ,h t
suitable provision for the gradual pr"Sec u ~ Wv
Is ,,,r Inn. cnynerting it, for the present. on tiiG Las
~ w., with the Cnvinctun and DIN" thli knhh
Tw.ntv yenrs have now elapsed rince tIo or-nIn""
. ZION Of the James River and kanaWha c"mPahy
q Iv;thir rbat tmc two hundred miles ui 'l't'i" nav
,,tinn unsurpassed b. any of the same 't,t'P
Q N hi. country have been constructed. ln'"c op'"
ion ot,csts the value Of the Improvement ~ i'' :"
cmnpletcd--hut the grand Object that Tor wpicn W.
! comnanv was creatci-hut which Tor 50 ione ~
r;o has commanded the unccaSn- regard anu eafhc'
g nIj.i,ud, nj the Commouweaitli-h coniicct'h
= th Eastern and Western waters through me cc'''i
. nart of the Stne-is yet incomplete ine resu''
. aIrrodv attained: the Whole experience ~ '"'e'""
- nnroyement at this day, the admissions ~ our n.
. crn;dob, rivals, prove alike the superiority "i III,
" ,,.r sI other parallel lines. aud that ne W
, fr the prosperity aud the power vt inc S'a'e w"u!
hs va,tIy smenred by its speedy aud tif"c'u"' com
nIo,ion. Aud enterprise OF such magnlthie h',d III
res, surely cannot be overlooked by the Legislntur
= ON motion of Peachy Il. Grattar, the report OF III
q BonrL of Directors, and the documents accomPahIn
/ IT, were referred to Il committee OF thir'ceh, WI
i wer. snpnntgG by the Chair. as follows:
- William r. Taliafvrr0 Of Gloucester Samu
= NccnrkIe. of LYnchburg; Alfred L. Harris nj Rcl
. nond James A. Scott, OF Richmond; Jas. r. pnyn
- If Iyuchburg Lewis Webb, Gustavus a: Myer
= Geo. w. Muuiord of Richmond Fletcher IL. May
~ If Botctuurt; Jacob VI. Ruff, OF H"ckbrdge a. r.
" C,ffnrd, of Chestertield; VIM. Palmer and Corb
# Warwick, of Richmond
4 Edward Keuna, of knnawha, from the commit,
. amounted at the meeting in December ast, 10 cons
+ der the proposition 10 fund the debt ol The cnmpan
reduce the par value OF the STOCK aid PROVIDE ne
r. stock for the completion oil inc company ihpror
l. mont 70 Covinrtnn and for the Improvement OF Il
. ! karsvhn river fro n it's mouth, presented q repU
. which he had prepared, TO he submitted for the appr
:, vuI of the committee, bu; had failed Ia get the
II hers of the committee together for that purpose III
# reading Of this report occupied several hours aft
which the President offered the following resolutlo
J.. which was adopted;