Norfolk day book. [volume] (Norfolk and Portsmouth Va.) 1868-1880, 1869-09-03


merchants was held yesterday morning at
the Merchants and Mechanics Exchange
The chair was filled by Col. VIM. Lamb
President of the Board of Trade, who ex'
planned the object Of the meeting to Do the
rsception of DR.. Newton, agent OF the
Mediterranean and Oriental Company OF
New York, The DR.. was then introduced
to the ,mrteating, when he delivered an ad-
dress. rsplete with encouragement and
,o.nd logic, which will be found in our
,ecoad page. At the conclusion DR.. New
toms remarks, Col. E. G. Lindsey offered
the following preamble and resolutions
which were adopted:
Whereas the strength and prosperity of
our State depends upon it's population,
which may be rapidly Increased by give
encouragement to migration from Europe,
and especially from the south of Europe,
whose inhabitants are familiar with
the cultivation of the staple productions
of our State; and whereas the immigrant
coming to this State will develop the re-
sources aad greatly increase the revenue;
and whereas the Mediterranean and Orien-
tai Steam Navigation Company of N. York
proposes to introduce emigrants into the
Southern States of the Union by lines OF
steamships plying to the south of Europe,
.oreaniz ed for that purpose and theconvey-
ance of the mails Of the United States, uns
der an acttof Congress, and owned by said
company, and navigated by citizens and
sailed under the flag of the United States:
Therefore be it
Resolved, That we, the Board of Trade of
Norfolk, respectfully pray of the next Leg.
islature of Virginia the prompt passage of
following bill, viz:
Be it enacted by the General Assembly of
the State Of Virginia, That this State will
pay for each able.bodied foreign emigrant
from Europe, between the ages of fifteen
and fifty, whe shall be introduced into this
State within the next ten years, by said
company, and who for one year after such
introduction shall remain therein without
becoming chargeable to any town or city
of this State as paupsr, the sum of $25, to
be paid to said company, or applied to its
nss, in manner hereinafter provided, by the
Treasurer Of the State, upon said company
furnishing to the Comptroller of tho State
satisfactory proof that the said conditions
have been compliedwith.
Be it. enacted, So, That said company
are here authorized and empowered to
appoint agents for the purpose of facili-
tating such immigration, and all contracts
made by such agent in any foreign coun.
try shall be held as valid and binding in
this State, and may be enforced in the
courts of this State. gss sd 80 u
Be it enacted, &C., That the said CONS
pany are hereby authorized to purchase,
hold, mortgage and convey real estate in
though they were citizens thereof; and it
shall be lawful for the counties, cities and
corporations in this State to own stock in
said company, and to pay therefor in ara
bic lands, or by bonds issued for that pur-
pose having not less than twenty years to
run and bearing interest not exceeding 7
per cent. per annum.
Be it enacted, &C., That upon said COM
pany, within sixty days from the passage
of this act, depositing with the Comptroller
of this State an obligation duly executed
by the officers of said company, under the
seal thereof, to introduce into this State,
in conformity with the conditions of this
act, at least the number of twenty thou.
sand ablebodied emigrants between the ages
before named, and within the period of the
before named ten years, the Governor and
the Comptroller of the State are hereby
authorized to issue the bonds of this State
in the usual form, having twenty years to
run, bearing interest not exceeding seven
per cent. per annum, to the amount of
$500 200, which bonds shall be issued to
said company, to be deposited by the
Comptroller of the State in the Postoffice
Department Of the United States, to be re-
tanned IN said departme nt, to aid in form
ing a sinking fund for the benefit of said
company under any act Of Congress passed
In behalfof said company, and. all money
due said company under this act shall be
placed to its credit by the Comptroller Of
the State, and shall be appropriated to the
payment of the interest and principal of
said bonds, and any surplus after the pay.
ment of said bonds as aforesaid shall be
paid to said company, or its lawful agent
duly authorized to receive the same.
On motion, the meeting adjourned.