Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1871-08-14
Claim Of Va, against C. e. q. Canal
From the Richmond Enquirer


the G. 4 o. Canal Company. The history of
this transaction is briefly as follows: March
18th, lS49, the Legislature Of Virginia PASSED
an act guaranteeing the paying of $oO0,OtW of
coupon bonds of the c. l. o. Canal Company,
the principal and interest of which up to July
LIST, 1871, amounted to $4l7,500. In February,
1867, Gov. Peirpoint and the Board of Public
Works made contract with Gen. Bradley !.
johnson and others, by which they were TO
bring suit against the G. & o. Canal Company,
the State of Maryland, and others, tn subject
the tolls, &C., of the canal to the payment oil
this caim-the said attorneys paying all costs,
and to receive twenty per cent, Of the amount
they should relieve the State of Virginia from
paying ~
At a meeting of the Board Of Public Works
held last week Gen. Bradley Il. johnson made
the following report:
''To the Board Of Public Works of the Com
mouwealth of Virginia: Gentlemen.-We
have the honor to report that we have pro,
cured the payment by the {. 4. q. Canal
Company of the $2N0,00O Of bonds, with in
tercst on the same, from July lst, 1872, all the
bonds and coupons thereon having been paid,
except to Virginia, from and including January
lSt. 1888.
The bonds were guaranteed by the act of
mcnts included coupons OF $2nu,nOO OF the
bonds to and including january |. ISL, and Oh
$50. 900 to and including july |, ISL.
Herewith find certificate OF payment from
Canal COMPANY. BRADLEY H. JOHNSON,
for himself and others.
REPORT or TIE OFFICERS OF THE {. 4 u. c.
OFFICE &. l. y. CANAL Co..
FREDERICK, July 10Th, lS1lj
This * Il, rprtifv that this (unIrluv have
| taken up and paid all the bonds issued hy the
G. l. q. Canal Company, known a. ''rtpalr
| bonds, guaranteed By the Stale oi Virginia,
under her act of March 18th, lS49, for 500.
600, including the coupons Tor interest due, rx-
ccpt balance due the State Of Virginia for
money due her on account Of money paid out
by her for coupons On the same repair bonds,
Since and including january $50, the entire
Indebtedness Of the Canal Company on account
of this debt guaranteed by Virginia, is now paid
off except such amount as may be found die
Virginia on settlement with her.
JAMES G. CLARKE, Pres't. c. ( y. T.. {.
| y. &. DlCKERSoN, Sec. and Treasurer
Alter due consideration Of the original con
tract and the papers above given. the Board
adopted the following
THE ACTION OF THE..RoARD OF PUBLIC WORK..
1t appearing to the Board. from the record
and decision the Court of Appeals Of the
State OF Maryland, in the case OF the tnInn"n-
wealth Of Virginia against the State OF Mary
land, the e. ( O. Canal Company and Others,
and from the certificate OF James {. Clarke,
| President, and y. t. DickcrsOn. Secretary and
Treasurer of said &. 4 o. Canal Company, and
from the report of Bradley I. johnson for hun
self and others, attorneys for this Board, this
day filed in this office, that the tolls and
revenues of the said &. Il o. Cuua Company
| have been appropriated 10 the payment If the
preferred claluI thereon
And whereas it appears ly said certificate
that the bonds guaranteed By the State OF IT.
ginia by the act of Assembly paS:eINlarc 18th,
1919, have been paid, with the coupons there
on, from January lst, 1893, inclusive. whereby
the Commonwealth of Virginia las been ~
icvcd from debt to that extent
And, it appearing to this Board that the
Commonwealth Of Virginia has paid, nn acc"rlnI
of said bonds thus paid aud satisfied the sum
of$l02, 100, which, with interest Is L just claim
against the said G. l. y. Canal Company; and,
it further appearing that the amount from pay
ing which the Commonwealth Of Virginia has
been relieved by such payment aforesaid, OF
said bonds, by said g. Il q. Canal Company,
is the sum of 1915, $50, three hundred and fiji:
teen thousand, three hundred and eighty dol.
lars J; and the said Bradley II. johnson. and
Others attorney for this board, having collected
and paid over to the Commonwealth of Virginia
the sum Of SIS, 435 (ffly-cight thousand four
hundred and thirty five dollarsl, on account Of
the said $lU2. 10 paid by the Commonwealth
of Virginia. bearing balance of 81, 'iS5, AMI
interest still due the said Commonwealth of
| Virginia on account thereof: ami it further ~
| bearing that the said Bradley i. johnson ami
others, attorneys for this board, We're pail
twenty per cent, upon said $jS,4%j in accor,
dance with the contract between them and this
board date respectively February 9Th, 1867,
and March 9Th, 1867, that is to say 81 ,GS1,
leaving balance of 500, 100 due them on ac-
count of services rendered. in relieving the Com
mnnwealh of Virginia from the liability aforr-
said, and further balance of 81, I3I ~ bc paid
them on account Of the said 3,tS:', when col
lcctcd from the said &. 4 y. Canal Company;
making, in all, 81 ,Sl3 to tie allowed to the
said Bradley Il. johnson and Others attorneys
for this Board, according to the contracts be
tween them and this Board. above referred to.
| therefore it Is
"Orlrrcd, That Nelson Poe. John =. Poe
and Bradley Il. johnson, attorneys for this
| Board, he and they are hereby authorized AMI
| directed to transfer unto themselves such pro-
| portion of the preferred claim ul the Common
Welilll Oh HBItld dS.tluSI VIC e'''i w. ~ We
Canal Company is will represent the SAID sum
| Of ST. .Sl3.
And it is further ordered, That all r"upnn,
and other evidences Of debt now held in posses
sion by that board against the said {. K y.
Canal Company he delivered to the said Neil
son Poe, John F. Poe, and Bradley 7. Jnhn-
| SON. attorneys for this board for collection.
provided that the bonds known rs the
Seldrn. Withcrs l. Co. bonds for funded ruu
pons for $l4D,0Ou shall lr retained hy THIS
Board >
FOREIGN ITEMS.
Lord Chief Justice Cock burn has been APP