The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1867-07-15
WHITE SULPHUR CONVENTION.
WHITE SuLPHER SPRINGS,
I,,lv II 1897


Tho Convention assembled this after
noon, and Mr.. Caperton, from the COM
,n;t,ce to whom had been recommltted
the resolutions reported this morning, re-
norted them back with very little moditi-
cation. They were then adopted after
few remarks by Mr.. Newlin, Of Monroe, in
which ne expressed doubts about the
ability of Monroe, Greenbrier, and con-
tirnous counties, to raise the subscriptions
allotted to them. The resolutions are as
follows: ;,
Resolued, That this Convention earnestly
recommends that at least five millions of
dollars be raised by a subscription Of stock
- enable the Virginia Central Railroad
Company TO fulfil the contract entered
into couditonally with the commissioners
of Virginia and West Virginia on the
9th MAY, lS67-that at least s2,500,000
should be raised in Virginia, and at least
81, 500, 900 in West Virginia.
Resolued, That the Legislatures Of Vir-
GINA and West Virginia be petitioned by
the Chesapeake and Ohio Railroad Com
pany fin view Of the influence its work
will exert favorable to the increase Of
revenue to the States) to pass acts ex-
cmpting from taxation the entire property
of the Chesapeake and Ohio Railroad
Company, including such lands as it may
acquire in payment for subscription Of
stock, or by purchase, during the period OF
ten wears after the completion of the road
to the Ohio river.
Resolved, That it be recommended TO
each county to pledge itself to settle aii
claims for land damages in the construc-
4;on If ,ba road within the boundary OF
each county.
ResoIved, That it be recommended to
the counties of West Virginia to subscribe
not less than the following amounts OF
EIGHT per cent. preferred stock of the Che
sancake and Ohio Railroad Company, pay
able in eight per cent. county bonds, III
required by the counties,) convertible INTO
preferred stock, the bonds to be received
Inv the company at discount OF not more
than ten per cent: Mason, S500,O
Putnam. s25O0OO; Clay, $4,000; Kama
VIVA, $500 900; Fayette, Sll5,O00; Mon
roe. 5000 coo; Grcenbrer, S250,000; MGR
Ger $50, 900; Raleigh, $4,000; Wyoming,
s25, 900: Jackson, $4,000 Roane, $780,
O00: Logan, $4,000; Wayne, $4,000;
CabclI, 100000; Lincoln, $4,000; Boone,
$4,000; Nicholas, $4,000; Webster,
$4,000; Pocahontas, $4,000. Total,
81 5G0,0 900.
Resolred, That it be recommended to
Virginia 10 make her subscriptions in the
manner and upon the terms provided for
in the resolution relating to subscriptions
bs counties in West Virginia.
RcSolred, That a committee, consisting OF
three persons, be appointed, with power to
enlarge its numbers, to prepare and have
published an address setting forth the
prospects of success aud the advantages to
result from the completion of the Chcsa-
pcake and Ohio railroad, as well to the
public as to the stockholders.
The question upon the resolutions was
pm; upon each separately and decided in
the affirmative without . dissenting voice.
Mr.. Newlin afterwards indicated his OBJ
lection to the first resolution, remarklng
that he did not mean TO be understood as
acquicscing in ii by his silence.
On motion Of Mr.. Lyons,
RcS"lred, That the best interests Of Vir-
GINA and West Virginia require that the
Chesapeake and OHIO railroad shall be
completed, cost rh0t IL may.
Mr.. HALL, of Mason, in the chair (Go-
vcrLor Pcirpoiut having vacated IL to take
the stage for Richmond), votes of thanks
were passed to the president and secreta-
rcS; and then,
On motion Of Colonel D. S. Hounshcll,
the Convention adjourned sine die.
Before the Convention adjourned, Major
Paxton announced that there would be a
mass convention at Point Pleasant, Mason
county, on the 25th instant, to advance the
cause the Chesapeake and Ohio railroad.