The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-02-08

rlcksDurS railroad Yesterday with the asSer-
ton that they had the Petersburg road In the
side-pocket of the Senate, and did not mean
to let it get out.
Mr.. Lyon: You misunderstood that re-
mark. l said was taunted on the street
with the fact that the emissaries-well, use
that word. the emissaries of our adverse
ries-they have got me in the side pocket of
the Senate, and they were not agoing to let
me get out. The name of the person whom
have described as emissary was not men.
toned, and it-was simply some friend Of
mine that met me on the street who told me
this; he just clapped me on the shoulder
and said: "John, those people on the other
side say they have got you in the side-pocket
Of the Senate. and they don't Intend to let
you out" He didn't indicate the counsel at
all. Of course we know the fact that there
are people industriously engaged in forward
ing the views Of the two parties in this con-
troversy. have not put myself to the trou-
BILE of finding out all on your side, though
have felt personal interest in knowing those
who were on our side. Sometimes we call
them
. BURNERS AND DRUMMERs.
The gentleman used the word emissary, but
this language was not attributed to anybody
IN the Assembly. Isimply remarked, which
repeat now, that yesterday was taunted
by friend with the fact that some of the
emlssaries of the adyersaries--il the word is
offensive will use agent. They said they
| have got you in the aide-pocket of the Sen.
ate, and they will not let you get out. I re-
member very we'll that made the remark
that / am going to sharpen my nails and
| scratch my way out.
MIR. Daniel: The pertinency OF the inquiry
| will be easily seen. The committee cannot
| forget that two evenings since there was
| deliberate charge made that the Fredericks-
burg railroad-and considered then, though
! 1t was afterwards disclaimed, that this charge
included its counsel-entertained delibe-
| rate purpose to profract this contest by de-
lays until the end of'4he session.
| Mr.. Lyon: rctracted the word "pur-
pose." <''it
| TIE FREDERICKSBURG ROAD HAS NO RUMaERs.
Mr.. Daniel: The pertinency of this in
Guiry will appear further, and choose, there
fore, that this word emissary" shall be
| fully explained. Emissary means, in this
counsel on the other side to advocate in any
way the cause of the Fredericksburg Com
pany. If he knows ofany one thus sent out
| be knows more than do. .,-
Mf. Lyon: / am very glad to hear it.
Mr.. Daniel: If there be sympathizers IN
| this community with the cause Of the Frede'
ricksburg railroad, land know there afe men
who believe that the interests of Richmond
are to be sacrificed by this bill, L do not con-
slider that this company Is to be held response
BILE for any expression made by them, or for
the deep interest they feel in this contest
but, sir, [ utterly discIaim and deny that
there are any bummers, or whatever he may
call them, employed by the Fredericksburg
railroad, so far as ] have ever known or heard
of, to influence this Legislature, or in any
other manner to affect this bill.
Judge Crump: Dir. Ragland, in your pre-
vious examination you referred to the pur.
chase of the stock made by you from the city
of Petersburg. Has the stock been abso
lutely transferred to you? Does it now
STAND IN your sAMn - p.
in the books of your s9npanyg 'oa
Mr.. Ragland YesSss portion Of il
does. AS far as the csts ssable to transfer
| it, it stands that way. ssssSS,.s
Judge Crump: Did they surrender to you
the certificate of the Whole amount of stock
| that was held by them?
Mr.. Ragland: 1t is up here in the Office
| held az collateral of the city of Petersburg
They transferred 1885 shares, all that they
had in condition to transfer, which paid
them for, aid a good deal over, but all the
transfers made are put on record. As sootl
lis this stock is released, which is hypothe'
Gated here, at once will have the papers
| transferred.
Judge Crump: understand. then, that
you ~. .,.-..... .... Is. sas. .s.., .-
| DON'T HOLD 4 LEGAL TITLE TO ALL?
MIR. Ragland: If the city Of Petersburg is
responsible, hold it.
Judge Cruinp: Perhaps you don't under
stand the differences between legal and an
equitable title. understand you to say that
the legal title has never been transferred from
the books of the company to you.
| Mr.. Lyon: They could not deliver the
stock Which is here. 1t was conveyed by
deed. which conveys all the right and title
which they have. prepared the deeds my
self, and they were ratified by the Council Of
the city of Petersburg. They convey the
property, reciting that whereas they held SO
much stock they hereby granted all rights
title, &C., giving Mr.. Ragland the same in.
terest they have, with power of attorney to
transfer it. ..-.
Judge Crump: The Code itself provides
| that thc legal title is to be conveyed by, the
certificate. You cannot transfer stock with
out transferring the certificate. -
Mr.. Lyon: The Code provides that the
power of attorney, accompanied bya deliv'
cry of the stock, shall be deemed as against
all parties complete conveyance of the pro-
perty.
! Judge Crump: l understand that; bu1
the certificate of stock was, in fact, to be de
Iivercd along with the power OF attorney
In this case the certificate of stock Is still il
the hands Of the Board of Public Works.
Mr.. Ragland: Yes, sir. .<
Mr.. Eyon: Read from chapter 81, section
q of the Code to prove his point. .a....,g
Judge Crump: Nobody denies that. You
admit that .H;Lfs>@91.F a
i TIE CERTIFICATE OF STOCK BIAS NEVER BEE,
DELIVERED TO aR. RAGLAND. ~.rs,.@
Mr. Lyon Except constructiyely.
Judge Crump: How can you deliver II
coustructively ,1.t IT. - o
Mr.. Lyon: By telling you 1t is in the pos.
session Of Colonel Taylor, and giving you an
order on Colonel Taylor for it.
Judge Crump: You didn't do that, be-
cause they had no right to give an order.
Mr.. Lyon: Well, he has got ell the city
had; that is enough.
| Judge Crump: want to know what the
city had. 1t is fact. understand, that the
city was authorized to transfer this stock by
an act of the Legislature passed last March,
1872. It was authorized to transfer this
stock, which WIS held by the Board of Pub
lie Works to secure the State upon bonds OF
the city of Petersburg. The stock was
pledged to secure that guarantee, and last
spring the State of Virginia, by its Legisla-
ture, authorized the city of Petersburg to
transfer that stock upon substituting for the
stock thus held by the State as a pledge or
/ - o.. L L. L>f& Hex inhn 1,kl,