The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1879-06-21
ID X. CARRINGTON,
no TIE BONDHOLDERS OF THE

no THE BONDHOLDERS OF THE
L JAMES RIVER AND X ANAWHA COMrASYt
A. he period within which II IS necessary Tor me
Richmond ana Aegtany Railroad Comnany 10
complete It's contract with The james River anu
Kauawha Company Is drawing rapidly 10 u close,
We deem 1t proper 10 urge upon You ne loporl'nce
upon winch dtpcadS The Success oil the railroad sh-
our interests are Identical with yonrs. We wer1:
appointed by the general 'ae;-sing OF the oondhoM-
rrs to ob!uin your subscriptions, and have no oiHer
motive in addressing than To SECURE the succehs
OF ,ho,e which Tsre ahppied by thut cst-
inc :nr the ayanccncDE oil our c8anoa Interests.
TrIc.s we obtain your assent 10 this proposition,
which ,yas adopted by \ representative meeting,
when T mas fen fc rsrosd camno' be built
Il falls, AFTER Al the line aud money expchoeo
I'm bringing IL 10 It's present state Of comparative
sm.rr.s. II Is not probable that ctSer csDltnst'
will be willing 20 cpaincncc anew I'm unhcrtntinE
| S,,,,w, their uli%ltE .gHcSs To a-SiS..
| NJ nav" rccely.t no Interest apnn onr bonds ior
two GEARS m"re. We have not me >sE,tissa baD,
ka!.aa la COMPANY in tho aurr II we io9k 10 4
salt III The proirr.y ur'!cr & hscfs- o. lyI's,"s ,
as al alternative. I've !'iVeDs't > i''''' S"''
70 orr cY ,rIs In t.,a: direction we mus. expect
-.ruous resistance from The co,at!uy aii tedlos
ii,;fnu ryiI;oo may lp prolonged Tor wears. In Tho
mi when : SAFE /, oo.aiMci. the purchaser must
",,,ch reruir i caDa, 10 b. oIer;I!ed IeoIa Rich
mould "a ,..c.,..nau. Il briEG d.mnnstsa'S nf tis
,ss history 81 ne company That me 'a-iai clnnoe
be Operated in It. cuttrc c"ah except a. pS,' VA"
will purchase Win tHc bnracil 81 thiS fEt'nSfsf
On the other hsad. ny a'trIklng ms otoirai9h'
| Il |, trus that rrhG!u!SA 3 t"Ttl"a ~ ""l u"' t
nn, ~ y, Tho iul.r v. obtain security 10! ir
immediate pu y:ucni ~ oar !n'ese>f IN afsanee'"ho
| The p.yment " the priHet IN three years. .,.
security We utJa,n IL tine d:s pace. all 'ilat
there Is OF value in liz cHal--yls.. iGc ESSaf's
the Rchmon doeE and thc var vt ,S ,ncanc
which shelid TT, bus nercr s. ~,'''ssh Y. :'.r 80
nfnt Of oeE intefG;t: tns:G gLt Sr owsisecf.
Ia iSp s,.coad rlace VIZ rc,a!n our M1 upon no
whole pYVperty al the J.rEes HiTer ana hsitam ,
s.omnany un'f Euch time u hH railroad CONTAIN! !,
baYIng ,opasel the 100000 reqGire"i by iS", are
prepared 20 Issue Their own iset.Ipor'sHge bosas
. They then give FIRST Bes GDrn the srosS rev
nucs OF the coex and. In addition. IN a'no an OF
, their hrst-mor'gc:e bontts, rs collateral sec"tS
equal TO the amount Of their indebtedness ''< '"e
purchase or our bonds.
We do not surrender nir lieu uDon the rn,'te pto
perry Of the company null! 81 liens ne exm SnlS'
cd, except triaing seb. to The Stale OF Virginia.
! which Is not yet due. 49, ..... 6 =, -, -.
II The railroad company fans to make me depnsI
or 100000 required by Law NC cannes o. INJURED.
because In that eseat our agreement Is ysso ann our
bonds remain 10 our possession IL ft,ay % co;n t
pete their contract by making ibe deposit Is sa.-
cient guarantee OF their ability 10 carry the enter
. prise 10 successful issue.
the security oasred by srbserie.rx our own BONDS.
The great euik OF the Virginia bondno,eers hsys
come into this arrangement.
II those who yet standing oa refuse TO coop;
: crate with US what bays they 10 expfcis rhey WIZ
cause the failure OF this gras psojest. the realiza-
ton which Is so araeDtix desired BY all Sirsin.
he Sor,iisn knot OF the ea6earies IN which ,hsis
interests ara iayolYei. ana they haze nothing 10
. look 10 in The future bot continued disaster. de-
pressed values ana prolonged litigation, with q
doubtful aud IEprcinisSilg erfEinaion Less utah
n month remains wkbth which TO roasurimafa tae
complicated arraBgetnfn is fur TINS great atderas-
ing As we uadr,s,anj aud are Informed. us sue
cess or ftttre depends upon Your immediate setioi
There IS no time 20 bt LOST. Tfere - no tine o pro
tect sud Mature new or different schemes. We here
fore urge slialo are yet doDf,pg 10 MAKE pp Incl!
minds aud act without further delay. We DO no
hasi aIeiasx pgrs5 to you chr deep-aeo'ed cohsie,
ou that further delay will be fatal 10 Inc saecess o.
this great ana tap1rssn, fnss pr ss;s 5s.,r,n.
: EDWARD RI. FISHER. Seere,ary.s
Riehmond, May 27 1879 90 =, = s,s,Isag