The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1878-07-04

| According to the order OF adjournment
| the stockholders OF the Richmond, Frede-
ricksburg and Potomac Railroad Company
reassembled yesterday at noon, the pending
question being on the substitute OF DR.. An
derson for the resolutions Of Mr.. Biddle.
The latter looked to the immediate restora-
ton of the steamboat line; the former con-
templated seeking sufficient guarantees
from the connecting road from Quantico to
| Washington, and in the event OF failure
therein, then to reInstate the boats.
Colonel II. P. Jones presented with great
| clearness the facts in regard to the abroga-
tion OF the former boat contract. Then the
railroad company surrendered all OF its in
terests to be forever rid of the boats. That
was the understanding and agreement, and
yet within twelve days the boat company
actually had proposed to put the boats back.
ALI these points were sharply made by Col
onel Jones.
| Nor did he forget to refer to the fact that
Mr.. Moncure Robinson and Mr.. Biddle,
while protesting that it was for the interest
OF the railroad company to have the boats
running IN connection with the railroad
company, had offered to withhold them and
allow existing arrangements to continue, II
the Pennsylvania Railroad Company would
pay the steamboat company $4,000 pei nm
mum.
THE RAILROAD OvERDOsED.
DR.. Anderson, OF Hanover, addressed
himself to the task OF convincing Dir. Bid
die that he (Biddle) was perfectly competent
to Judge Of the state Of affairs now deve-
Ioped here, and that he could safely decide
without reliance upon Mr.. Moncure Robin
son. On Tuesday Mr.. Biddle indicated that
.;<.lt J,,,t fhotI 1o1
to lean upon the superior Judgment OF MIR.
text OF DR.. Anderson's speech, during
which the Doctor quoted very freely from
the brief history Of the steamboat COM
pany.
What the Doctor asked was that Mr.. Bid
die and associates would refrain from giving
the railroad company the proposed medi-
cine until it was demonstrated that the rail-
road company needed it. In his opinion the
railroad had been already largely over
doscd. The Doctor argued that such new
facts had been developed at this meeting as
should make Mr.. Biddle hesitate to carry
out instructions as to the stock he repre-.
sented as proxy, and to absolutely refuse to
do 50 on the stock owned by him. He, in
conclusion, warned Mr.. Biddle that the
State and private stockholders would resort
to all legal methods OF resisting their tyran-
nies. He read preamble and resolutions
which would be offered at meeting OF the
State and private stockholders in such event.
A part of the plan was to sound in the ears
of the English and northern stockholders
the alarm, and to tell them Of the spolia-
tions they have suffered at the hands OF the
Potomac Steamboat Company.
Mr.. BIDDLE's REPLY TO THESE ARGUMENTS.
The only reply Mr.. BiddIe had to make
was,
"Stock-vote."
The Chairman (Mr. j. Y. Cannon: Is the
demand for a stock vote seconded:
Mr.. Leigh Robinson: second it.
THE SUBSTITUTE DEFEATED.
So the stock or scaled vote was ordered
on the following substitute OF DR.. Ander-
son, proposed in lieu OF the steamboat reso-
lutions OF Mr.. Biddle:
Whereas the establishment OF n day line
between Washington and Richmond has
removed one Of the difficulties which the
restoration Of the boat line on the Potomac
| was designed to effect; and whereas, in the
opinion Of some Of our stockholders, the
want of satisfactory guarantees for faith
| full cooperation with this company on the
part OF the Pennsylvania Railroad Compa-
tion OF the difficulty; therefore
| !. ReSolued, That committee OF three
| stockholders be appointed by the Chair TO
cooperate with the president Of this conf
panY in securing from the president Of the
Pennsylvania Railroad Company such guar
| autces is to them may he satisfactory.
.. Should Mr.. Scott refuse to comply
promptly and satisfactorily'with such rea-
sonable request that the president and di-
rectors be authorized to carry out the re-
quiremcnts OF the resolutions of Mr.. Bidde.
The substitute was Defeated
Ayes. 2,G92
Noes. 100
NIessrs. Biddle, Moncure Robinson, Jr.,
and Leigh Robinson. representing their
own and English and Pennsylvania inter-
ests, voted "No." All the other stock
holders, including the State Of Virginia,
owning an interest of S275,O00 (but having
only 995 yotes), voted AYE"
EQUAL FACILITIES DENIED.
The question then REQUIRED upon the
amendment OF Mr.. Branch ito the resolu-
tions Of Mr.. Biddle) as follows: r..
"It being understood that nothing in
these resolutions shall be construed as pre-
venting the president and directors from
offering equal facilities to connecting rail-
rOaQ companies aG tne Same HouTs.
The Chairman stated the question.
Mr.. Biddle: St0ck-yote.
The Chairman Is tic call for stock-votc
seconded?
Mr.. Leigh Robinson: second it.
The vote was the same as abovc-2,G92 to
4,409.
! FAIR OFFER.
Mr.. Branch offered an amendment to Mr.,
Biddle's resolutions; the gist OF which was
that the contract for the boat service should
be given to the Potomac Steamboat Com
pany in preference to any other, only pro-
vided that that company would perform it
for the same pay as other responsible par
ties.
! Mr.. BIDDLE EXPLAINS AGAIN.
Some allusion Of Mr.. Branch to the S12,-
600 proposition brought Mr.. Biddle to his
feet, and in the briefest speech he had yet
| IL. - =