Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1878-12-06
10 abonld MT he called on for the second

she should not be called on for the second
$4,000 subscription until work on the
road had been resumed.
Mr., Ransom read to show that Roanoke's
subscription was yet in dispute.
Mr.. Keyser-Roanoke's subscription has
nothing to do with Staunton. Roanoke
had already subscribed; it was Baltimore's
subscription that Staunton's depended
on, and Baltimore's subscription, made
up the amount required. The fact Of
Roanoke, who did subscribe, now refusing
to pay. does not affect Staunton in the
| least.
Mr.. Kevser went on to speak of the con-
nection of the B. & o. Co. with the COM
pleted road. which had been referred to,
saying that the completed road had been
taken at the request of the V. R. r. Co.,
and committee of its own had endorsed
its management. The question had been
asked by one of the speakers. What shall
Rockuridge do? He would answer it, and
give the answer Of every man in Balti-
more, every man from the Mason q Dixon
line to the Gulf of Mexico, every honest
man eyerywhere-Let Rockbridge stand
by her obligations. 1t is the only thing
she can do without bringing disgrace on
herself and on the people OF the Valley.
Baltimore pays every year $50 900 interest
on her subscription to the Valley r. b.
loses this money clear; so does the Balti-
more & Ohio II. H. How would it be for
them to repudiate their bonds because
their investment had turned out badly?
Rockbridge only pays $4,000. Does she
propose to default on her obligations be-
cause she has been unsuccessful? IT the
counties and towns Of the Valley will fol-
low the advice given in that paper. to live
up to your obligations and bide your time
they will have cause to be thankful to
those who gave it, long after the occasion
for it has passed. In commenting on the
conduct of RocKbridge. Mr.. Keyser said it
was inexcusable, for while she had only
delivered $316, 900 of bonds, work to the
amount of $456 600 had been done within
her limits.
Mr.. Dorman entered into warm de-
able and pressed with as much earnestness
as if before jury.
Mr.. Anderson followed with an eloquent
defence of Rockbridge, in which he in
cluded Roanoke.
HOW THE SUBSCRIPTION WAS MADE.
Mr.. Evans said few words in defence
of Staunton, and, referring to the way the
subscription to the Valley Railroad was
engineered. said there was big barbecue
somewhere in Augusta that somebody paid
for.
Mr.. Dorman-The Baltimore & Ohio
Company paid ST 800 for the canvass of
Baltimore.
Mr.. Keyser-One of the first drafts we
had was from M. G. Hartman, President
Of the Valley R. R. Compa, y, for $4,000 |
for expenses.
Mr.. Barclay to Judge Sheffey-Has
Rockbridge defaulted on any payment due.
Judge Sbeffey Not that l know of up
to this time.
L
upon the record, Baltimore and the B. &
o. r. r.. voting affirmatively and all the |
Valley proxies voting in the negative:
Thirty days was given the Valley proxies |
to prepare an answer to it, which is also to |
be put upon record.
THE USUAL RESOLUTIONS FOR
LEASE ADOPTED.
Mr.. Anderson then offered resolution
appointing committee of five which shall |
not have power to act without four concur, |
to which authority is given to lease to
completed road for 20 years and not
more than 30 years at 81 900 per mile, per
annum, and the remainder of the road at
the same terms, as fast as sections Of five
miles shall be completed; the lessees the
give good security to carry out their con-
tract and keep the road in order.
The resolution was seconded by Mr..
Keyser and unanimously adopted. The
chair appointed the following gentlemen
on the committee, W. A. Anderson, Henry
Duval, VIM. Keyser, J. b. Dorman and
John Echols.
The meeting then adjourned about 9 P.
M.
That night Messrs. Anderson and Dor
man went to Richmond. 1t IS stated, upon
no particular authority however. that the
resolution for lease of the road will find
a bidder in the Chesapeake Dc OHIO Co., and
that if the opposing interests as Balti-
mole and the r 81 O Co. ara now called.
thwart it, the legislature will be appealed
to.