Columbia Democrat and Bloomsburg general advertiser. [volume] (Bloomsburg, Pa.) 1850-1866, 1862-05-17

NEW YORK AND MIDDLE CoALFrELD
! RAILROAD AND COAL COMPANY.
Mr.. FREELAND, (Dauphin y called
up Senate bill No. ACT, entitled GA fur
ther supplement to an act concerning the
New York and Middle Coal6eld railroad
and coal company approved the llth
day of April, 1859.
The first section was read and agreed
to as follows;
SECTION !. BE 1t enacted by the Sen
ate and the House Of Representatives Of The
Commonwealth Of Pennsylvania, in Gen.
eral assembly met, anil IL as hreby enacted
by the authority 9f The same, That the
directors Of the said New York and Middle
Coal6eld railroad and coal company be,
and are hereby authorized to sell a por.
ton of their lands situate in the counties
of Columbia and Northumberland, at pub
lie or private sale, in lieu of the whole,
as authorized by the act to which this is a
supplement, and shall apply the proceeds
thereof, first to the payment Of any exist.
ing debt, and the balance to the further
development and improvement of the re-
naming portion Of their lands or dsrib-
ute the same as they may deem for the
best interest of the company, subject to
the vote of stockholders, as already pro-
yided for by the said act to which this is
u supplement.
The second section was read as follows:
SEC. 2. That the said company shall
have authority to reduce their capita
stock to the sum of six hundred thousand
dollars, which shall be represented by six
ty thousand shares; and the par price O.
each share shall be fixed at ten dollars
and the company be allowed the privilege
of mining coal on any of their own lands.
Mr.. BROWN, northumberland ),
moved to amend by striking out in the
fourth and fifth lines the following words
"and the company be allowed the privilege
of mining coal on any of their own lands.
Mr.. TATE, (Columbia,) concurret
with the gentleman from Northumberland
The interests of his constituents should b,
protected. He urged the adoption of th
amendment
Mr.. FREELAND, Oauphin,) I hop
this amendment will not be adopted.
Mr.. BROWN, Northumberland, } TIL,
House this mornsng, by un nanimous vot
passed joint resolution requiring the AT
torney General to institute proceeding
against the Delaware and Hudson cana
company and the Pennsylvania coal com
pany for the purpose of repeating thei
charter or annulling the contract givin
them the right to mine coal. l have i
my desk several petitions signed by all tn
:, operators in my county and number {
= other citizens protesting agaiast givin
' transportation companies the right to mir
=, coal. The allegation is that the oper;
=. tions of twese two companies tend
break up all private operators, from I'll
, fact that the latter are not able to G,
their coal to market at the same rate 1
those transporting companies, and thr
cannot compete with those companies
the market. No transporting compan
, should have mining privileges; and
think that this railroad company shoul
not have the privileges asked for in tn
case.
Mr. Russell, (Luzerne,) I hope tn
p amendment will prevail. My own di
l. trict at this time is suffering terribly fro
2 the operations of these transporting con
n panies in mining coal. Their operation
d are destructive to the whole coal nteres
Had it not been our coal operators su
ceed in obtaining reduction of freight
S our coal works would have been entire
S stopped by the operations of these tran
lie porting companies in mining coal. No'