The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1877-02-05

A GREAT INDUSTRIAL ENTERPRISE PRO
JECTED-AFIN CHANCEFOR RICHMOND
ENDEAvoR TO END DTHEHAUENsTEIN LIT
THPARDoNED-H
NORMAL SCHOOL, Ere. ~ - -.
I'm March, 1876, Senator Cochran got a
charter for the international Steamship
Company to build IRON and steel-works,
foundries and rolling-milfs, and to construct
ships, and to establish steamship intercourse
between Virginia ports and Europe. The
gentlemen interested are mostly wealthy cit
izens OF the North, and they will commence
operations soon, they say. 1t is believed
that they will establish their works here,
IL proper arrangements can be made. They
have written to one of the most eminent
LAWYERS of this city, unfolding to some ex-
tent their designs and asking him to obtain
an addition to their charter, which is to be
afforded them in another bill recently intro
duced by Judge Cochran, providing
l. That the international Steamship Com
pany is hereby relieved from all taxation
upon capital, lands, works, and other pro-
perty the said company may acquire, build,
and erect within the State OF Virginia, ne
cessary or incident to its purposes, and upon
all transfers thereof to and from the said
company, and upon all recordings thereof,
whether such transfers and recordings are
made in trust or in fee: provided such re-
lief and exemption shall not continue be-
yond five years from date OF each ASSESS
ment, and that the sums inuring in the said
five years shall be aggregated and divided
into five annual payments next ensuing, and
shall be paid by said company at the time OF
payment OF the regular taxes, except in the
tax upon the deed Of trust to be held by the
State for securing bond issues Hereunder,
bonds are sold and the money shall be re-
ceived therefor by the said company.
2. That so soon as the first line Of steamships
between the waters Of Virginia and Europe
shall be established by the said company, all
immigrants to or settlers upon the lands Of
the said company, purchasing therefrom
lands, houses, or works for the purpose OF
residing thereat, and engaging in mining,
manufacturing, mechanical, and agricultural
pursuits, shall be exempted from all taxa
tion upon said properties for period OF
five years dating from such purchase or pos
session provided that at the end OF the
said term OF relief and exemption the whole
amount of taxes which would have Injured
within the said term, had this act Of relief
not been granted to encourage immi-
grafton, shall be aggregated and divided
into the next ten years, making
one tenth annually, which shall be
added to the taxes assessed in those ten fol-
lowing years, and be collected Herewith
from the said properties. And the said
company is hereby authorized and empow-
cred to acquire lands by purchase or other
wise, and to build homesteads, erect indus
trial improvements, dwelling-houses, and
other conveniences to induce settlements in
advance OF the arrival Of immigrants and
settlers thereat and settlements thereon.
8. That the said company is hereby au-
tborized to add the words "and indus
trial." also "of Virgins" to its corporate
name, so that said name May read: "The
International Steamship and Industrial Com
pany Of Virginia"
THE HAUENSTEIN ESTATE.
The bill reported from the House Com
mttee on Finance by which it IS hoped for
ever and ever to end the litigation about the
escheated Hauenstein estate, which has been
going on for nearly twenty years, provides
/. That the State of Virginia hereby re-
leases to the said next OF kin iii they be the
next OF kin) OF Solomon Hauenstein all her
claim to said fund arising from the sale OF
said property.
2. That il the Judge Of the Circuit Court
for the city of Richmond, or, in case he have
any doubts, if jury, which he may direct
to try the question, be Of opinion that the
said Henry Hauenstein, Anna Hauensteln,
and Louisa krattiger are the next OF kin, or
representatives of the next Of kin to the
said Solomon Hauenstein, he shall direct the
proceeds OF said sale, after deducting the
escheator's commissions and all such costs
(including attorneys fee) as he (the escheat-
orr may show to the Judge Of said Circuit
Court that he has actually incurred
in prosecuting the States claim to
the property Of Solomon Hauenstein, to
be delivered to the said Henry Hauenstein,
Anna Hauenstein, and Louisa krattiger, or
to John Hitz, ConsulGeneral for the re-
public Of Switzerland, at Washington.
And in case the said proceeds, or any part
thereof, may have been paid into the Trea-
sury Of the State, that the said Judge Of the
Circuit Court for the city OF Richmond
shall order the Auditor for the Common
wealth to issue to said parties or party his
warrant upon the Treasurer for such sum
as may have been so paid in.
8. This act shall be in force from its pas
sage.
UNFORTUNATE YOUTH PARD0NED.
The Governor on Saturday granted par
don to Eli Sergeant (white), who was at the
July term of the County Court OF Wise
nsi6) convicted OF an attempt at murder,
and sentenced to one year in the peniten-
tiary. The Governor, in granting the par
don, says: "When under seventeen years
of age the prisoner was Influenced by an
older person to attempt crime. The at
tempt was wholly Intellectual, and resulted
in no injury to any one but himself. His
previous good behavior, his tender years,
his contrition, and his prison record justify
the belief that pardon will make him
useful citizen. His discharge is asked for
by the Judge, Commonwealth's attorney,
all the jury who are accessible, and many
good citizens"
HAMPTON NORMAL SCHOOL.
DR.. Armstrong, president OF the Hamp-
ton Normal School, visited the Legislature
Saturday, and through DR.. Quesenberry and
Colonel Gilman, chairmen OF the educa-
tional committees Of the two houses, eX-
tended an invitation to said committees to
visit that institution at an early day. He
will forward q formal invitation next week.
CRIMINAL LAWS. .a
The subcommittee OF the Committee on
Criminal Laws are making no very fast
progress, though on some points conclusions
have been arrived at. Unless the session
Of the Legislature is an extraordinarily
long one the committee will not possibly be
able to complete their work. After they
make their report it is, Of course, to be
acted upon by the two houses.
THE TWINsEs. <'-
Maaly;nya Tmincoa CALLED 11non the Gov.