The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1855-11-08
TO the StockhoIders of the Vir.


j. ><sS~7GINIA CENTRAL RAILROAD COMPANY -
Gentlemen: On the 25ih February, 1884,
the General Assembly of Virginia chartered the Rich
rnond, Fredericksburg and Potomac Railroad Compa-
n.y. and for the purpose of securing the construction
OF the work contemplated thereby, incorporated the
following provision:
Ind rherens the Railroad authorized BY this act
will form part of the main northern and southern
between the City of Richmond and the City of
Washington, and the privilege of Transporting pas
sengers the same, and receiving the passage mo-
ncy WILL it is believed be strong inducemeut to in
dividusls to subscribe for stock in the Company and
the General Assembly considers If just and BILE
that those who embark in the enterprise should
he hereafter deprived ofthat which forms chief in
ducement to the undertaking:
"3o. BE it therefore enacted and Occurred and the
General Assensby pledges itself to the said Companv
That in the event ofthe completion of the said Rail
Road from the City of Richmond to the town of
| fredericksburg, within the time limited by this act
the General Assembly will not for the period of thir-
ty years from the completion of the said Rail Road
allowan other Rail Road to be constructed between
the City of Richmond and the City of Washington or
for portion of the said distance the probab effect
OF which would be TO diniinish the number of pas
s'ngers travelling between the city and the other
upon the Rail Road authorized by this act or to COM
pei the Company, in order retain such passen
nothing herein contained shall be construed as to
prevent the legislature at any time hereafter from
authorizing the construction. OF Rail Road between
the City OF Richmond end the towns of Tappahau-
mock Urbanna, TO any intermediate points be-
tween the said City of Richmond and said towns -
ind prorided also, that nothing herein
be construed TO prevent the General Assembly from
charterinS any other Company Companies TO con-
struct Rail Road from Fredericksburg to the CITY of
Washington
''39 This act shall be in force from its passage"
The object of the writer in calling your attention
to the fact is to sprrse you that individuals high in
the confidence your Company, and likewise Stock
holders therein, have recently stated that move
ment would be made at the general meeting of your
Company, on THIS DAY, to violate the solemn
contract of the Commonwealth of Virginia with the
Richmond, Fredg. L p. Co, above described and
in conjunction with the Orange and Alexandria Rail.
road Company, authorize through ticket for travel
between Richmond and Washington.
Is not this small game And will it not be better
to meet the exigencies of your Company by adjoining
u resolution that Whereas the present debt of the
Company (about million of dolars) has eccuuu
lated, runOus of discount in many cases and
is an incumbranco the active and energetic opera
tlons of the Company longer endurable: There
Fore be it Resolved, That tho Treasurer of the Com
penny be instructed to suspend the further payment of
interest thereon"
BY 80 doing, you meet the emergency of the case in
manner worthy of yourselves, and instead of real.
ling the pititui sum of $4,000 OF $1,000 per appum
from through travel between Richmond and Wash
lngon, you strike from your indebtedness the hand
some sum of one million of dollars and dsnlox an
example of reputation to other Companies within
the State, which doubtless win lead to the most go
nous results Push high therefore the noble resolve
and strike for that freedom from debt worthy of
selves and SO desra bic in the present position of
Company. A CITIZEN Tax-pAyrp err wa
no ~ No STOCKHOLDERS