The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-02-10

MIN, aud Mr.. Davis reading this Injunction.
happened to Overhear il. Well, Iwoula
have very cheerfuily given Mr. Paul and Dir.
McilWaire an opportunity to examine all
these matters but think Judge Crump
| would have thought was very weak, feeble
| nsIn, and / didn't know how to take care Of
my interest, had 1 allowed myself to have
been caught In such . trap-to have had an
injunction, which would have got me into, a
lawsuit. They didn't want to investi gate !;
they only wanted to impede the progress of
the Petersburg road to devil me and keep me
out Of my money. I had no idea of being
caught in such trap. Time was all they
| wanted to get out an injunction and to get
somebody to go on their bond. They tried
to get NLr. David B. Tennent to 60 on it.
He was worth more than al the balance of
| them together. But he pulled back and
wouldn't touch it, as be didn't do over here
| When you all gave bond of $4,000 in this
| suit, and took the security of r. b. Boiling
without asking whether he was worth $780,
900 or fifty cents.
Judge Crump: find you preferred the
claim at this meeting. You then held ABOUT
1850 shares of the stock, and you preferred
claim for back dividends upon the stock
| which you held that had never been claimed
for thirty years. Now, do you think that
the stockholders, when they heard this
claimed for the first time, were unreasonable
in offering this resolution. 'Mr. Nell
"waine moved that the report of the Presi-
" dent be referred to committee to examine
"into the several claims therein presented
1'and report the result Of their invcstiga-
L" tion to subsequent meeting Of the stock
"holders at the end of thirty days, and that
i az Ln ,-f Ln ~, tnT1O h3Vt
| that those gentlemen had not q right to
| make such motion when claim Was pre-
seuted which they had .,.
| NEVER HEARD OF BEFoREp
| Mr.. Ragland certainly did; but will
| give my reason. knew that all they wanted
was to have time TO get an injunction and
keep this thing III court for many years.
would not have been capable of managing q
railroad or anything else if had allowed
any such thing.
Judge Crump: When did the State sur.
render her claim to this stockl
MIR. Rasland: You will find it in the book
Mr. Lyon: The act OF Assembly will tell
you.
Judge Crump: 1t simply transfers this
stock, US | understand it.
Mr.. Ragland: There is a great many
things that can be explained to this commit
tee. If they had gone through the books Il;
I have they would have seen many strange
things.
Judge Crump: That act does not say any
thing about right, title, and interest.
Mr.. Ragland: You want to know whether
they owed the State anything?
BELONGS TO TIE STATE.
Judge Crump: Yes; if this diridend be
longs 10 anybody 1t belongs to the Stale, as !
understand 1t.
Mr.. Rayland: If buy thing l buy al
TIE right. title, and interest in it.
/ Judge Crump: know how you under
stand it. l was asking you about that mo
ton. / confess | didn't hear any possible
objection that could be made 10 your per
hitting these stockholders OF the company
to examine the claims. There were 6,00C
shares of stock outstanding besides your
own.
| Mr.. Ragland: No, sir; there amt any.
thing like it.
Judge Crulnp: Well, you said you had
1900 shares.
/ Mr. Ragland: had great deal more than
that. 1 said l bad 10000 o: II 900 shares
Judge Crump: Will you be good enough
to let tue committee have the official state
ment that you will publish i'll March next
siowng'the receipts and disbursements for
this fiscal year?
Mr.. Ragland 1t is impossible, Judge. As
l told you, you don't understand the work
ings OF railroad.
Judge Crump: Can you give the dis
bursements for the year 1872!
Mr.. Ragand: can, with some trouble, il
the committee desire it.
Colonel Taylor: The committee has never
called for any information yet. We bayc
allowed either side to call for 1t as they
wanted it. Isuggrst that, rs We arc hurried
for time, you let Mr. Rasland understand
exactly what you want, and nc en- nave the
information ready. 1t is now II o'clock, and
the committee will adjourn.