The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1875-01-29
ro.,.r. from Staunfon.

Of
-,orrcsrontcncc of The h'F"" '"' ''~
or THE STOCKHOLDERS OF rht I"o
hh''' RANKS CONSOLIDATION PEI On"
,.rox-- THE FIRST NATIONAL bANA
,,. ,<To LiorIpATioS.
"'"S Sr,vs7oS. Janusry %. 1873.
,,,oIIers Of the First National
Inc ,, the National Valley BANK
BanH :;,t SESSION on Saturday, ana
mel 10 i,1 wv, with few dissenting votes, upon
d"trTn',,n,;"' This is to be effected by the
roh>'' %.';o,,l Bank going into liqMda'on'
f"N info nrera,ion at once. Inc con,
anu ~ ,,,, ,,onL will he known as the Nat,ona'
:" w.. Rark Of stanton. Gencfs~ ''onl,
,,i. rormcr president OF inc Nat!oua'
,.,,.,,. E,nL was elected president ol 'hc
a. hank and NJ. Harvey EthnScf' 'ot,lis'
=, I,;n~ ~, Frs, National Bank, was t'eS',
cd cashier. The board "' u'''''o''
new bank i as iOho"s = roh,l. If
H ,:,,1r u Harvey Eitingcr, j. Fred. III
r. -n.'' p',,,nrt " Bnrkr, Isaac Wiz, {. K
IN Tnhcrt G.. Rcklc. Z. II. Trout, John
~ H., 81 ! Tuckbaugh. aud II. NJ. Bell
:, ). tI,oncht by many that the con>oliaa'
.;,n uiIl result in the establishment OF an
other bauk here.
rTl,s letter reached rs Yesterday
vvr7,>,, or TIE CITY CorSciL-REJkcTioS OF
-u., DEMAND OF THE VALLEY RAILROAD CUM
r.>y FOR THE DELIVERY OF TWENTY-FIVE
'AH' ,' na,1.ps or cry Boxps-MlSoR
''".
hA''"'' S7uxrox. January -. 1915.
!, H., n,,r;,n. Of the City Council on
rn.,.j.y ni-iit vi The members were present
I - 4, no
,I',..I', ON account of sickness. Mr. john B,
ry.n. presided. The petitions OF I. lager
,,Y and John lesser, for abatement aud
".,.r,Ionmrut Of the merchants license tax,
u'gr,. refused. On the ID Of April, 1872,
T,r,qfn James Bumgsrdncr. on behalf of the
,,5-I Of SUPERVISORS of Augusta county.
,ng,,c PROPOSITION that from that date the
-,rrn.r. Of the iaii should be borne by the
ci;y and tie county jointly, each paying one
Mir. which proposition was adopted ut the
,n...t,n., las, night.
Trn following communication from the
Wiley Railroad Company was presented
,i-nuch McssrS. Sh,tf.y & Bumgardner,
counsel for the company:
The Valley hallroau Company respect
fully demand The delivery 10 Shelley " bum-
Gardner, counsel Of said company, within
i've days from TINS date. OF the bonds OF the
civ Of S,aunton 10 the amount Of $4,000, 10
max" u? the balance OF sad clty's Subscrip'
ton Of 100000 10 the stock OF said ccm'
pauy, the matter OF interest on quotas 10 De
hereafter adjusted, Is PROVIDED 'ol 10y Tue
ordnance OF salu tonhcii. III case OF re-
iU>i OF 'hls uciliailu appi'calio, "ii' .c maui
Tor Il ""h'm"'"S ~ ooihPe' '''' "e'''''' VI
sa'd bonds
Upon me presentation vi thls coiliiuun,c"'
ton Genera! Echois onarea tue lolio"ihS
T"-ou'Ion:
t. >''ceh, mat me FINANCE committee
IL INSTRUCTED 10 comply Win Inc lc>oiutioh
OF this body OF September 10, 1874, in re-
",rd 10 The delivery OF tue bonaS OF tue CITY
II III" Valley Railroad company, ana loal
sat committee be Instructed 10 deliver 70
top q the bonds, u" ba!ance no" que;
without delay.
General Echols supported his resolution
in an earnest speech, ~ when ne maintained
tiIt' tn" rily had already maze ncr>ell laoie
Tor tAc~c bonds, ana "ouIu nave TO pa!
)a"" r'rhtua''S' ana ptp"a"'s VIII ic't'S
rnr'> IN addltlon, ana ne thought IL au'isauie
Ia Il" - AZ once.
other members opposed III" deliVery OF
III" bonds whilst tue company Is III sucn Il
ti'r".!pu> coEulllpH.
The yeas and nays being called, resulted ID
N" !cI"cuon OF Inc re=ol'itiol-as lol'o"S;
lrI>-ECAols, German, ABBY, Ho@e, ana
imhhou>er-5. Aays-Erans, WIZ, her,
Ea-bI, kcyser. ana BuFke-6.
i proposition from MAJOR Edward Nc
NAhon Offering to sell 10 the city portion OF
III" property known as the Old Valley Ho.el,
situated in the north Of tue city, on Augusta
street. to be used for the colored free schools,
for the sun of $1,000 in eight per cent. bonds,
or % much of city bonds rs VIII Yield the
same AMOUNT of Interest, was referred to the
Committee on Schools.
The petition Of Hunt x Ellison, OF
W9yncsboro, for the payment OF SlGG.42 fol-
trIch furnished the city, was reJected-lht
brick having been rejected by the City En-
cinrcr u unsuitable Tor Use.
The recommendation OF the Committee or
Streets that credit OF $4,000 be allowed OF
To-. Nain-Strcct Improvement was adSpted-
one thousand dollars OF this amount to b.
credited on account of citizens charged 70
laid Improvement. in proportion to humble
81 'front.' feet owned ny each propcrty.holder