The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1882-03-17


| Dunlop & McCance.....!....... 2,30O
Walker & Saunders. 1000
Total.
"Situatcd a. Richmond is" says the re-
port. $50 favorably Us distributing point
for the South, with IFS large local milling
interest, there certainly is nothing wanting
but economical storing and handling facili-
ties TO make it an important grain market"
BY the LIST OF May the grain elevator on the
cOsnpany's ground will be completed, there
by insuYing the prompt unloading OF grain,
and avoiding delay which has caused the
road to suffer so much heretofore.
The superintendent OF motiyc-power re-
ports the car equipment in better condi-
ton now than at any time in the previous
history OF the road, but states that much
yet remains to be done to bring it up to the
standard he hopes to reach. There was
added to the equipment 40 new locomo-
tiyos; baggage-car, built at company's
shops; I5l bOX-cars, $50 purchased and
built at company's shops; y stock-cars,
built at company's shops; - four-wheel
coal-cars, built al company's shops: "a
gondolas, purchased 335 hopper-bottom
gondolss, purchased 20 flat-cars, pur-
chased; and 30 built at shops.
EQUIPMENT OF ROAD.
Locomotives. 1888; inspcctiOn-carS, q;
sloeping-cars, g; cOaches-firSt- and second
class, 81; combination-cars, u mail and
express-cars, 10; iast-freight cars, Al; box
freight cars, 956; stock-cars, 1873; eight
wheel coal-hoppers, $50; eight-wheel coke
cars, 48; four-wheel coal-cars, 3S7; four
wheel coke-cars, 239; gondolas, 2S2 hop
per-bottOm gondolas, 53l; flat ears, 19l (;
conductors caboose cars. 70; shanty cars,
33 derrick cars, 8: gravel flat-cars, 1874.
BRANCH ROAD AT CHARLESTON.
On motion OF General Wickham. the
following resolution was unanimously
adopted
"That pursuant to an act OF the Gen.
eral Assembly OF West Virginia entitled
(" An act to provide for the completion OF a
line or lines OF railroad from the waters Of
| the Chesapeake TO the Ohio river" passed
February rs, 1867, and acts amendatory Of
aud supplementary thereto, relating to the
Chesapeake and Ohio Railway Company,
! the president and directors OF this COM
paHy be, and they are hereby, au-
th0rized to locate, construct, and Ope-
rate branch road from TIE main line
at or near Charleston TO q point on the
Ohio river ut or near the mouth of the
Great kanawha river, and to erect aud con-
struct. under authority OF the laws Of Con-
gress or OF the States of West Virginia and
Ohio, q suitable bridge across said Ohio
river TO the north bank thereof, so as to
connect said branch with any road or roads
! in said State OF Ohio terminating thereat."
| NEWPORT NEWS AND OLD POINT COMFORT.
A similar motion was made by General
| Wickham, and unanimously carried, civ.
(, ing the necessary authority for the con-
strilction OF branch road from Newport
News to Old Point Comfort; also, to build
! and maintain such wharyes, elevators, sta
tons, and other structures us may be
deemed eXpedient for the use OF the COM
pany at either terminus OF the branch road.
PENINsrLAR EXTENSION, &C.
The following resolution, offered by
General Wickham, was unanimously adopt
cd:
Resolved, That the action Of the presi-
| dent and directors IN executing mortgage
TO John Hillhouse and Edward st. John
| dated January /, 1851, upon the Peninsular
Extension between Richmond and Newport
News, including certain lands and the
structures thereon, and certain wharves
and terminal property as therein described,
to secure an issue of 1000 bonds Of
81 900 each, known rs per cent.
mortgage gold bonds OF 1911, and
also for the further security OF the bonds
known as per cent. mortgage gold bonds
Of 1908. .Series A." amounting to g, 000,-
900 which said bonds of Series A were pre-
viously secured by mortgage or deed OF
trust On the main line OF the road between
Richmond, Va, and the Big Sandy river.
dated LIST Of July, 1878, be, and the same is
hereby, ratified and confirmed.
$. SATISFIED STOCKHOLDERS.
On motion OF Dir. Peyton the following
was unanimously adopted:
"T'hdt we baye heard with pleasure the
reports OF the president and general man.
ager as to the successful working OF the
road since our last annual meeting, and do
hereby express our satisfaction in the mat
ters set forth IN SAID reports, and also the
belief that the road and its branches will
be great benefit both to the State Of Vir-
GINA and the other States through which
IL passes, and at the same time source Of
revenue to its stockholders"
DIRECTORS:
On motion OF Mr.. Workman, the follow
ing gentlemen were elected directors for
tho ensuing year: &. p. Huntington, of
New York, A. a. Law, New York; A. s.
Hatch, New York; Elias Higgin, New
York; John CastelI, New York; Jesse