The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1865-12-14

presence OF the gentleman from pittsylyania,
VINO was one Of the cndorsers Of those notes,
s"o OF Mr. BCuldtn, who was another, and
no s"ch objection was raised there. Mr..
boaidsn himself wrote the resolution. A. 1t
was raised here, he, for one, was in favor of
withdrawing 1t.
MIR. Sutherlin replied that, although he did
not oppose 1t before the committee, he op-
posed 1t in conversations with individual
members. They refused to listen to him, and
this discussion Is the result.
Mr.. Branch said that IL there was one thing
he claimed to do more than another, it was t.
paddle his own canoe. (Lauehter.] He was
opposed to the resolution, aud wished he had
moved to lay the whole Of II upon the table.
The stockholders did not own all the stock in
the Piedmont railroad North Carolina had
m interest in it, and she was very tei,acious
Of her rights. 1t was novel legislation, and
he was not at all pleased with it. The gentle
man had not paid dollar for that stock.
MraRouldin, OF Charlotte, said that if any
II the Directory had any conference with the
committee it was at their invitation. Thu
Directors met and gave them their views. The
gentleman from Halifax had not sufficiently
explained his connection with the resolution
-
favor Of the first part, and accepted the So
cond as an alternative. The views expressed
by the gentleman from Pittsylvania did no,
then occur to him. 1t would, perhaps, be bet
ter II the resolution were withdrawn
Brief explanations We're made bv Messrs
Branch and Sutherlin. The first named gen
'leman disclaimed any intention to reflect
upon the committee
resolution since it gave so much concern TO
the endorsers Of the notes. All seemed to
concur in the policy of the resolutions, and
the only objection rested upon a ques ton of
time. He endorsed it entirely, and thought it
should be adopted. In the course of his re-
marks, MIR. Jones alluded to the question of
gauge and the probable stand which North
Carolina would take upon the subject. If she
granted the gauge asked for, he did not think
it probable she would refuse any other reason
able request. The history Of the resolution
was this He conversed with Mr.. Bouldin, and
finding their views agreed, he asked him to
draw up the resolution, because he could do il
better. All the Directory concurred in the
policy OF the resolution, but the only objec-
ton was 4 question of time and the notes Ell
dorsed by them. He believed the notes could
be paid on by the road, although they did
amount to two hundred and fifty thousand
dollars, by giving the notes of the Company at
thirty, sixty or ninety days.
AT the conclusion of his remarks, Mr.. Jones
asked leave to withdraw the resolution.
Mr.. Sutherlin explained the position of the
Board Of Directors.
Mr.. Edmonds referred TO the remarks of Mr.
Branch relative to the action Of the Committee
and the Directors. When he used the express
sion, "letting the cat out of the wallet he
must have forgotten that he was in meeting
Of gentlemen.
Mr.. Branch said that whatever he said he
generally stood up to. He had disclaimed any
reflection upon the action Of the committee
II the gentleman would tell him at what point
Of his remarks the expression, 80 cat out of the
wallet +" occurred, he would show him the APP
plication Of it. The gentleman seemed to take
offence at his remarks.
Mr.. Edmonds.--Not at all.
Mr.. Clark hoped the resolution would be
laid upon the table.
The second part Of the resolution was then
withdrawn.
The fourth resolution was adopted without
debate.
Judge William H. Lyons, from the Com
mlttee to ascertain whether any arrangement
could be made with the Roanoke Valley Rail
road Company, for the extension of their road
to heysville, submitted a report, giving the re-
suit OF the conference with the Directors of
mat road, and recommending the adoption of
the following resolutions:
Resotced, That the stockholders of the Rich.
mond and Danville railroad regard the Roanoke
and Valley railroad as valuable Improvement,
hs 1 Of by M
to acquire the franchises and property OF the said
Roanoke Valley railroad for this Company, if it
can be DONE on such terms as will, i'll their Opin-
ion. be consistent with the interests of the Com
psnsy.
Roanoke Valley Railroad Company, which has
been reported at this meeting, be referred to the
Board OfDirectors, and recOmme nded to their ia :
vorable consideration
Mr. Edmonds opposed the adoption of the
first resolution. He was opposed to commit
ting the Richmond and Danville Railroad
Company to the construction Of Il road fifty
miles in length, in any contingency.
Mr.. Flournoy regretted the position taken
by the gentleman from Halifax, and made an
argument in favor OF the resolution.
The resolution was further discussued by
Messrs. Keen and Tredway in opposition, and
Judge Lyons in favor.
Mr.. Keen offered the following as an amend
ment:
d" Resolved, That the President and Directors Of
this Company do make fair settlement with the
Roanoke Valley Railroad Company, and that they
be authorized to issue the bonds of this Company
to iquidate the amount that may be found due that
Company in such manner, and payable at such
time, a. they may think best"
Mr.. Flournoy again addressed the meeting
in support of the resolutions AS reported. The
road was offered to them gratuitOusly, and
would they refuse an offer so advantageous :?
He contended that this was no competing
scheme, but a work, the completion of which
would add much to the prosperity OF the Com
pany.
A conversational debate ensued between
Judge Lyons and Mr.. Edmonds, the latter OPP
posing the resolution.
Judge Lyons stated that the committee of
the Roanoke Valley Railroad Company had
instructed him to withdraw the proposition,
much opposition to it having been mani
Tested and it WAS accordingly withdrawn.
The second resolution was also withdrawn.
Mr.. Branch submitted the following resolu-
ton, which was unanimously adopted
"Resolred, That the thanks Of the meeting be
4 Riff nd Frank lin