The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1884-03-05


estate. "''
AZ the end OF the 10th section insert
tnc foliowing: provided that nothing in
tiiis act shall be held or so construed as TO
aneet OF limit in any way the jurisdiction
OF THIS State and the courts thereof over
the iards, property, rights, aud franchises
which the said Richmond Dock and Dry
DOCK company may at any time own or
noid, or 10 exempt in any way or at any
time It's lands and properly from State,
county, or municipal taxation"
Mr.. Dunlop opposed the bill. He said
he had high regard for the incorporators,
some OF whom he knew to be the most
puDllc-spirlted citizens in the State, but he
felt II to be duty as representative OF
the State OF Virginia to oppose the bill.
It's powers were almost limitiess, III this
company was allowed to own a dry dock
extending three miles on each side of the
river, they could condemn the lands Of the
farmers.
Mr.. Smith was opposed to allowing the
company to speculate upon mineral lands.
Mr.. Moon offered an amendment which
would confne the powers Of condemning
land by the company solely for canal or
niiIroad purposes.
Mr.. CardweIl said this would destroy the
intent of the bill.
Mr.. Dunlop asked II the company did
not have power under their charter to con-
demn illimitabiy.
Mr.. Cardwell thought not; that the COM
pany could only condemn for purposes
named in the charter. He did not want
any dangerous bill. and this company only
asked the same rights that had been grant
ed others.
Mr.. Moon withdrew his amendment.
Mr.. Anderson. OF Rockbridge, offered an
amedment which would limit the cOndem-
nation OF land TO not more than fifty acres
OF any one farm nor more than 800 Ia the
aggregate, nor shall the company acquire
by condemnation more than two miles OF
frontage.
Mr.. Duff Green moved to recommit.
Lost.
Mr.. Dunlop did not think Mr.. Ander-
sons amendment reached the point he had
raised. He said the charter expressly said
that the company was TO have the rights,
privileges, and franchises Of works OF In
ternal improvement. Suppose company
had the right to conduct a mining busi-
ness, would 1t be right TO allow it the right
TO condemn mineral land? He cited SINH
lar cases, and declared that there was moth
ing in the charter to prevent this company
from spreading its Briarius arms up and
down the river banks. Powers, when
granted, lcere there, and would be utilized
to the fullest extent by corporations.
Mr.. Marshall spoke iestingly OF the OBJ
iections urged against the charter. He
thought companies with grand intentions
should have great powers.
Mr.. AndeTson's amendment was amend
ed by Mr.. Barton so as TO limit the time OF
condemnation to three years, and then
adopted.
Mr.. Trigg offered an amendment which
would prevent any railroad company, or
navigation or steamship company, from ac-
quiring or holding majority Of the capi-
tai stock Of the Dry-DOck Company. In
support OF this amendment, Mr.. Trigg al
luded to the chance that corporation
might by condemnation acquire the lands
of citizens. Mr.. Trigg was speaking Of
the danger Of ceding the rights of the State
to corporations, when Mr.. Cardwell inter-
rupted him to say that he saw no objection
10 the amendment.
The amendment was then adopted.
Mr.. Anderson offered another amend
ment which would prevent any railroad
from being built so as to interfere with
the cOmpany's frontage, and this was
agreed to.
Mr.. Munford asked that the fifth section
be stricken out, because it gave the right
to any railroad company which would get
control of the Dry-Dock Company to do
the numberless things set forth in the bill,
which seemed TO grant the right TO do any
thing in the world.
Mr.. Cardwell said he was named as one
| - ;Na I,t,f ho hoH Ix
interest in the company. He expected the
enterprise to build up the State and bring
capital to the city. lie had conversed with
businessmen in Richmond and Manches-
ter, and they were in favor of the company.
He was aStonished at the numerous amend
ments. The section alluded TO simply gave
the railroad and steamship companies the
same rights that an individual stockbolder
has.
Mr.. Munford said he objected to the rail-
road subscribing in its corporate ca
pacity.
Mr.. Cardwell asked, "Why not?" lie
could see no necessity for any difference.
Mr.. Cardwel spoke at length agains: the
amendment.
Mr.. Christian asked the House to con-
slider the bill favorably and not to cri Jple
1t with amendments. 1t proposed one OF
the grandest and greatest enterprises ever
contemplated here.
The amendment was rejected.
Mr.. Cardwell offered the following
amendment, which was agreed to: " The
company may issue income bonds, con-
vertible into land near its docks or wharves.
not to exceed Sl,000,000 in amount, and
any corporation may subscribe for and re-
ceive these instead OF capital stock"
Mr.. Smith offered the following amend
ment, which was agreed to: "The COM
pany hereby incorporated shall not eXer-
else any right under this act until the mini
mum capital stock shall have been sub
scribed and paid up in full."
Mr.. Trigg offered the following: The
/ said company shall not have the power to
condemn land, which II is hereinafter au
tborized to condemn and hold, but may
only acquire land by purchase" This was
| TO come in after the first section.
Mr. Cardwell opposed the amendment,
claiming that this ground had been COW
cred by other amendments.
Mr.. Trigg cited the fact that a man
might own a wharf on the river and that
the company could condemn it and take it
away from him. In strong terms he adj
vocated his amendment.
Mr.. Dunlop said that the amendment ex-
pressed his objection to the bill.
Mr.. Curtis said that there was nothing
in the printed bill that was Objectionable.
MIR. Trigg's amendment was rejected,
after which the bill was ordered TO its en-
grossment-ayes, 81; noes. %.
sOUTawEsTERs LUNATrC ASYLUM.
The first special order being the South
western Lunatic Asylum, it was taken up
and read by the Clerk.