The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1874-07-08
Contract Referred to in Twenty-siXth An



lis hereby mutually agreed and coyenantcd by
and between A. j. BrOadDaX, h. w. Br0adnaX, ana
Il, w. ilkins, by Leigh X. Page their attorney Ill
fact, of the county OF Brunswick, In the state OF
Virginia, OF tn. first part, and the Scaooard aud
Roanoke Railroad Company, OF the second part
for and In consideration of the faithful and plrc
tual performance BY each OF the said partes OF the
agreements and covenants heren by such party
made as follows:
/. That the said parties Of the first part who are
owners of four hundredand forty-ive shares Of the
capital stock Of the Petersburg Railroad Company,
shall without unnecessary delay Institute and they
or their personal representative shall prosecute TO
the Court of appeals of Virginia, suit in equity
against Reuben kagland, or The city Of Petersburg,
and others associated with him In The ownership
and control OF the stock OF the said Petersburg
railroad Company, formerly owned by The city OF
Petersburg, for the purpose Of annuilng and nbro-
eating all the proceedings In reference TO the said
Stock of general meeting of the stockholders Of
the said petersburg railroad Company, held OH the
18th day OF June, 1872, Of compelling the said
Ragland and his said associates. 10 surrender the
certificates OF guaranteed stock issued to him by
virtue of said proceedings, and 10 refund all mo-
neys by virtue of the same uulawiully or ncquita-
bly, received by him or them from the saia com
pany: and OF preventing any further issue OF such
certificates payment of my other moneysby vIr-
me OF any of the said proceedings.
H. That The said parties of The first part will not
without the written cnt OF the president Of tile
said seaboard and Roanoke Railroad Company, at
any time, SELL or otherwise dispose Of or cucumber
the said shares Of stock now owned by them To the
said kagland TO any OF his said associates, nor
to any other person; but the said party 10 the sec
ond part shall Ut all times prior 10 the termination
of the dun alton OF this contract have The option OF
purchasing all their said shares OF stock at the price
OF fifty dollars per share, with interest thereon at
the rate OF six per centum per annum computed
from The eighth day OF January, 1873.
Ill. That the said party of the second part
hereby covenants and agrees TO guarantee to the
said parties of the first part that they shall :eiye
for the sale Of their stock, Whenever such sale shall
be made rs hereinafter mentioned, al amount not
less than equal to fifty dollars Share with inter-
est thereof as aforesaid together with all The court
costs Incurred In the prosecution Of their said suit
in equity as aforesaid. And as an earnest Of such
guarantee, anu u enable the said parties OF The hrSt
part the more conveniently 10 prosecute their
said suit without personal loss or Inconvenience 10
themselves the said party OF the second part SNAIL
and will lend advance apd pay over 10 the said par
ties OF the first part the following sums OF money
al the several dates herein specied-that is TO says
the sum OF eleven Thousand four hundred and
tlirty-two dollars and eighy-one cents before
The first day of april 1878: the sum OF i've thou.
sand seven hundred aud eighty Eight dolsirS Al
sixty-eght cents on or before The first day or Au-
gust 1878; the SUN OF four thousand elahfy-three
dollars and forty-thIee cents on or before the t!rI
day Of October, 1878, and within sixty days after
the final decision Of the said suit rs aforesaid SUCH
further SUM us shall be needed 10 complete he
amount So guaranteed as aforesaid 10 the said par
ties of the first part tl.. price of their stock
w. That IS collateral security To- the Saia party
of the second part for the Repayment OF the said
sums of money so lent, advanced aud paia 10 the
said parties Of the hrs. part tue said parties OF tne
first part will within live days frn the date OF this
contract, assign 10 and deli yer 10 Peter " Daniel
Jr OF the city of Richmond, all the said shares ol
STOCK now owned by tn IN, with the Certificates
thereof accompanied by an irrevocanle power OF
attorney and Of bargain and sale. empowering the
said Daniel or bis peronsl representative or attor
ncy to sell and transfer all the said shares OF STOCK
the said shares, cert caies, and power 70 De nti.
by the said Dauit. or his personal representative
| or attorney, unon the following trusts ans
| special cspfiat.uces and none other -ihat r
TO say: Isl. That he shall hold the same un
| til the said fnul decision OF the SAID sun u
equity aforesaid. unless previously required = .
| tna l,yt "a Slid
2diy rnat Within sixty days ali the said fnal ne
csion OF The said suit US ,resad or NJ the reusi
tio', OF the said party OF the secoua part az AN
e. riiar dale, he, the said Daniel, or ILLS persons
ranresantatiye or attorney shall sell the SAID share
Stock any part thereof either 81 Pa I me sai
ton or private se as may De ,S hoy she
lpoId 70 the purchaser either oil the books oi Y
said company or by IKE power Of attorney n an
, ontsed 6y tle sid party OF tn; second pat II