The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-01-14
evening State gnllrnaL

THIS morning the following was pre-
scented by Mr.. Ragland to the Senate Com
mittee, in the presence Of Mr.. John M
Robinson and his counsel, Messrs. Crump
Ould and Daniel:
| PETERSBURG RAILROAD COMPANY, !
PRESIDENTS OFFICE,
PETERSBURG, VA, Jan. 18th, 1878.
TO the Senate Committee on Roads and In
ternal Navigation
The Petersburg railroad company respect
| fully asks the General Assembly for al
amendment of its charter, giving the com
pany permission and authority to estab.
| fish, maintain and operate continuous
line of railway from Weldon. N. c., through
Petersburg, Richmond, Fredericksburg and
Alexandria to point on the Potomac river
opposite or near to the city of Washington
DC.
The company proposes to accomplish
this as follows:
/. By voluntary consolidation of all the
companies, now owning railroads between
the termini aforesaid, upon such terms and
in such manner as may be agreed upon by
their stockholders respectively or
I1J lCtoCo vi Viz lhtCl fCulllS Idll-
roads for such annual rents as will exceed
the dividends heretofore realized by the
stockholders, and upon such terms as shall
be satisfactory to all parties; or
8. BY purchase of the intervening
railroads, if tho stockholders be
willing to sell; or by pur.
chase in market of enough stock of the
respective companies to influence and direct
their policy and management; or
4. By construction of a new railroad
from Petersburg to the Potomac river, il
necessary, in case of failure to get the free
consent of the parties interested to the
modes of consolidation above indicated.
The company does not desire the coer-
cion, constraint or compulsion of any person
or corporation. 1t asks simple license to
do useful thing, and naked lawful au-
thority to make such contracts as may be
necessary to accomplish the objects here
and now fully disclosed.
The Petersburg railroad company desires
this, because the consolidation or unifica-
ton of the distinct companies now exist
ing: :.
1. Will greatly reduce the expenses OF
administration and transportation
2. Will greatly increase and expedite
travel and transportation of freghts, both
northward and southwark over every part
Of the line, and thus augment the income
to be derived therefrom; whereby
3. The management will be able to re-
duce fares and. tolls, both local and through;
and
4. To stimulate and develop production
and trade in all the cities, towns and coun-
ties through which the consolidated line
will pass.
The Petersburg railroad company is
obliged to ask the General Assembly to
grant this license and authority.
1. Because it is impossible to get all
of the six railroad companies intervening
between the termini aforesaid to concur
in such arrangements, schedules, fares,
tolls, and common policy, as are deemed
necessary to accomplish the objects indi-
Gated, and realize the benefits desired !;
and
2. Because it is doubtful whether, as
the laws now stand, the several compa-
MES aforesaid have lawful authority to
make valid and binding contracts for the
purpose contemplated.
By order of the board of directors.
REUBEN RAGLAND,
President Petersburg railroad company.