The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1879-06-02

Fy'O THE BONDHULDERS OF TIL
4 JAMES RIVER AND kANAWiIh tuMfi\l
As the period within which u IL nsCr>'5FN i"1 ia
Richmond AMI Allegheny Railroad '"mrHnY p
coin pctc IT. contract with The Jsmrs Hi''I 1H
Eanawha Company Is drawinG rapidly !" 4 '"''
We deem IL proper To urge upon you The llnp"i.''
OF 1T once signing the proposition Tor '"llt'iar"
upon which depends The succ, 50 oil The ldIf"i" -.
tcrprisr.
Our Interests ne identical with yourS. v" wrr
auuunicd by the general ,ncc,iu. Cf The h"nIl y!
crs 10 obtain Your subscriptions, aud ha." u" "h''
motive In addressing Won than II secure the .G.''
oi those measures which were adopted hy iHt' h''
ing for the advancement OF our common tHfrrri'.
Unless We obtain your assent I" iiis rr"p $40
which was adopted by rrprcScn'htiv" wr~ii'
which has been carefully shinch and =uir'!'i OF
your committee, tn" railroad ciHno "" i".l'.
II 1t fails, after AL the lime aud money "Nl"uI'
in briugin.: II 10 its present STATE OF c"Ei1r''
success. ii Is not probable. that other rWt ~
win he willing 10 commence anew an Hul"fItHlNs
which those who most 10 be btncEtcI bi i N'''
shown their uuwiIllngnc>s 10 assist.
Two years or more Ne have not H. ight.,t pro-
poet of receiving any from III" JAM Hi''F hA'
| Kama" ha Company In the future. " ~" '".A ="
sale OF the property under dccr'T' 81 t"T',"''
AS an alternative the pro- pcct /, remote cl"G&
| ana uncertain -.. 49,,
| TO our effort, In that direction Ne must rH"'r'
| strenuous resistance from the CHHi'jh3 ald V'""
litigation which may b- prolonged Tor NrdEs !" ~
| end when L safe j. oh, aimed the pHrcipeF 'n'.
lake he propcrty with the Durthcn oi ~" Ifah,h
| which requires Is canal 10 be- obcraeI iton mn
| noud 10 buchanan. IL bcipg demonstrated 10y W
| past history or The company That The cana, ''"',
be operated In its entire length except at !r,' VI"
will purchase with the burhcn Of tins !raucih';
| on the other hand 10y accepting rlt, pr"P'i,'.'
II IS true that we reIinquish portion "i cur 40 IL
but rs To- the remainder, we obtain Hccuri'H TX "
| immediate payment Of our interest III aNh"'''''
| The payment of The principal IN three yraf> .,,
As security. obtain. Ia he iirat place al .'''
there Is Of value in the C.ltliNiL.. THE rr'"''r
| the Richmond dock and III" warcr.D1""r. Tue ir'
| f. All incubus. which annually lb.orhS ~" l' d"
which should tr. but never l.. Applied toll -.
| lneni OF our in'creSt. These gr"3S REVENGE i.'
be placed II once In the hands -: oar 0"n it''
| III The second place. we retain pGr ihn "i."
| whole property Of the james River IN" h $780,
Company un'ir such lime - iEc TuiioA" N '. 49,.
| having depoSitc, the $500 900 rtquird "N - -
| prepared &c i-,uc lh"Ir own A:rtGt"f'%'|"
! They then give first Hen nurr t'r Ei"-' ~
! nucs OF Tie GOc., and. IN Ii"IilpH' AA "' ...
| their iirst-lnorga:c 5on'iS ~ cD.iAf'l" 49, A..
, equal To- the amount ot their InFhHr','. '.'
purchase of our bonds. =, . .......
| We do not SURRENDER our lien upon ''' w. :.
| perry Of tile cnmpHny uuiIl all ,ttU' ar -. -.,
| ed. except u tTiG!Ig debt I" tie S'a'""' ''-.
| which 1. no; YET due. e., d. ..
| II the railroad company idi|> !" I7A". 80. ..
of &IO0.uGU required by IL" NJ ca"l'" I, ..
becatI,c Ia that rSchi our agreement - N"'
bonds remain IN oGr pOS>'asi"n u '''s
pctc their contract by III eibe III" h"i"'.t '....
rcicnt guarantee or Iher ability t1G'is> ''' ''''
prise Ia i >uCC c>S'ui i,sue. , .. ,..
We have manifested our Eai' ~ VIC ''"' .' . l-
The security offered by subscrihl. "uF "% , lt.
The great bulk OF the Virginia D""In-.' ~ IN.
done likewise. Bat Is Is necessary l'' ''
come INTO this arrangement. a,,. =. coop
II those who ere yel siandlns gu r. ~ ,l.,, vi
crate with US, what have dizzy in'hi' ,r r,Iiy.
cause the failure OF this graf prog III y,r.,a
,jou OF which Is so arl.n,lT !"t'1i w a. ~
ans. They VIII lose the s.dem, ovrH'V mitn ,
the Gortii.tn knot Of the diifcHi'it' ~ nlus u
Interests are tayulyed, ana they ha' ,''t,r ,s
look 10 in the future bnt continA,I With
pressed values. amt prolonged hiiSa,''', -. ,nar
[ foubtsuI and uuuru,sIn2 ;rrInini'i"h. '>t,r me
| n month cmati:s within witch 8" '"nHu"', .g,.a
comuiicatcti arrangements for IN, erctt -, 10
Ing As we uEdrI Stand aud are in'oi'rT t,,. ,rtto
cess or failure depends UPON your iiihe"t'> -
CLrr, is no time 10 b. lost. TGere l. no M
t.ct and mature new dltfrren' schcn,es: ;r
fore urge III who arr yet DOUBLING 10 ,iaAT ,o ~
minds and act without further he", c,,rd .,nr f.,
tion that further delay wi!! be faia! 10 '"e $500
thi. great and important cute Drisr; ,..tr,o,a.
'"' JOHN STEWART, Chai!"'"''
| EDWARD II. FISHER. Secretary.
| Richmond, Nay II, 1917 40 ,,s,siJr2s