Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1886-11-23


vile l,aiIrosd Company, extending from
and including the depot lot IN The city OF
Richmond 10 the town oi Danyille, In the
State Of VIrginia, aud all it, literal roads
or branches, with all the lands attached.
including all depot lots. dep0ts, wharycs.
docks, warehouses, machine-shops, bridges,
&c, &c, together with all the company's 3
engines. ears, rolling stock, equipments,
machinery. implements, and materials, ex'
cept the branch road extending from tue
u ain line OF the Richmond and Danyille
railroad in the city Of Manchester to point
on james river opposite Rockets, and eX-
cert the real estate, wharves. warehouses.
aud terminal facilities owned hy the Rich
moud and DaBvlle Railroad Company on or
near James river opposite Rockets. wbic5
are not intended TO be incIudcd in this deed
Also, nh property and effects 30 pertaining
TO and 10 be uscl in connection with said
railway, and m operating the same, which
the said company nity hercliter az any time
acquire. Also, the rights, privileges. and
franchises OF said company 81 every Kind.
Also, the leasehold and al the rights ac-
quired by the Richmond and Danvlle Rail-
road Company in a.d to the Richmond,
York. River and Chesapeake railroad by a
contract made July ., 1881. between the
Richmond. NOrk.R River and Chesapeake
Railroad Company and the Richmond and
panyille Railroad Company. except The in.
terest acquired by the Richmond and Daa-
Vile under TIE contract in the stock 0f,ihe
baltimore, Chesapeake and Richmond
steamboat COMPANY, and in the real estate.
warehouses, wlaryes. and terminal fae,ii-
ties at West Point owned by the Richmond.
4 fh..zuFtssui-fa RattFpQH Iftf-
panv, which are not intended 10 be in-
cludcd in this deed Also, the ri1At.
title. and interest Of The Richmond
and Danyille railroad in the Piad.
mont railroad and all property
belonging 10 that company. Also.
the loa>ehold OF the Richmond and IN.
Vile railroad in the North Carolina rai-
road. Also, the right, title. interest AMI
property OF The Richmond and DanyIlle Ia
The hue of railway from Charlotte, y. { g.
to the city oi Atlanta. Also, all right and
title ofthe Richmond and DanyIlie rairoli I
~ the line oi connecting railway cXteudins
from The Danylle depot TO the depot ~ tnt
Richmond, Y0rk-i(lyer AMI Cac~lpeoA
Railroad Company. not ilciuding. now
ever. certain lot OF ground with bricS
tenement thereon. belonging Co The Rich
lOIu anu A'AiiN lIlt taAtitffiN '.ItlAf'tiNH e.
situated on Dock street and known a, tn
Palmer lot. Also. all the lcI-ehold. riguf,
title. and interest OF the Richmond a1d
Danyille Raib cad Company IA the f)llo"-
ing designated propcrtles:
First. The Virginia Midland railway and
an il, branchc-. loa>eE0ld. aud equlpmcnt,
ana franchises. u the same j. leased, 10 t.
Richmond ard Danyllle by the Virginia
Midland Railway Company hy lease cN
cuted April H., 1880.
second. And in the Western North Caro-.
Ina railroad and all it. brlnchc-, Nc.
Third. In the Charlotte, Columbia
and Augusta and al il, branches. &c.
Fourth. In the Columbia and Greenyi'Ic
Company and al iis branches, Ac. al>'.
all ana sny mortgage bond, having priority
Of lien issued to an amount not cXcrtd.ut
$1,000 per mile Of any railroad conpd
which now is or hereafter may bc 'ea,,d
owned. operated. or controlled by the -3ld
Richmond and panyille R,il 'id Company
that may be- deposited -, part " the pro-
pcriy hereby acquired ana conveyed under
lhct,rm. and conditions hDIciDbeiorc mace
and contained. d hayr AID 10 hold all ard
,inguhr the aboyc-da a-cribcd properly
premises, works. leases. rights, frluchl,a e.,
&c. inio The ,IId party 0i the second part.
Il. lawful successor or successor. and H. ~
their assigns forever in trust nevrrtbcl"-,
Orthc equal IJ1.TGt3 hcucnt and security
II all the ho' ,ers OF the bond, secured
hereby without any preference or priority
ly reason of priority ia time of issue here
0f. ana far he objects, Uses, and purposes
hereinafter declared and expressed.
HUGE >oUTHECS SYSTEM.
The NCw York Times ,ly>: Excitement
ruled all dav saturday on tbr stock TX
charge. The opening hour ri.IeSscd Sutn
scene a~ La~ seldom been hGuwn on any
casiou other than l.- panic. The pub
Die announcement Of tJc big deal by which
tho etnuol of the Richmond and Dan'iIlr
railroad $50, obtained bl tlr Hichmnnd and
West Point Terminal 60 ODp,ny had pr.ctl-
caily sot The public crszy.
An interest i'm ~toch-LNchange dealing
cenfcrCd i'm the Richmond Terminal pool.
There wa. when TIE hour for business
came. . hurry thai seemed 10 have
every lrokCr II Wall sweet in II. There
was 30 opening price lDr thc stock, or.
rather. there were duZrl opening prices,
all different. At thr same uOmout, IN the
same group oi broker. -tOck sold al GS IN l
at - IN conc,it-tIr -ime stock that a
mcn,hago Was reelected aud -nccred ~ go,
belonging 10 the ctt.-and-Iog> cOntm-
cent. The stock Exchange ha- few met
dents that may De- quoted in comparison
with the project, wau,e rapid execution
has worked thl> wonder.
~ the diy wore on tOerc va, ,omeWhlt
Of subsistence in the excitement. but
dealings continued active and ,plriled. and
quotation, remlinod ,tih. with tendency
ihat seemed to lend color 10 the assertions
Il in,idcr, that par was pretty sure 70 be
reached soon. Il j. fskcn for granted that
>cwc impOrtlnt move vii Le made A. soon
q, the Terminal, new management il fairly
~ power 10 develop and broaden the com.
Iany's policy. " has direction thi- NOV,
will take tue public ha- not found ont, but
t0aIturc.cuiatlye ~ the Times Yesterday
one Il the highest authorities to he quoted
on the subject outlined something Of what
l. close % hand
The uriicatlon Of all the important rlil-
way hnts oi the south m one great cOn>0li.
dsti0n scheme l. 20 be- accomplished. II
there be- 10 miscarriage Of The plans that
arc formulated. Back Of th. biz project,
which no, brought arOut the Terminal,
control oftAc ri hm0ud and Dlnyillc road.
q
usu,illc d,al a. bad . do with motives
and influences of which, according 10 those
in authority, !. /, 10. yet advisable 10 speak
definitely. But-lhi. D., language practically
ohicial-"allinee, have been pledged, on
the basis Of the unili,st:On 0f the DiuyIlle
road with the Terminal property, which
guarantee the Terminal Company power
which will be- simply enormous over the
entire southern railway system.'
From the same higu authority vouching
for the above ambitious project the Times
gain, tbs knowledge oi - hat the Terminil
Company forthwith proposes 10 20 A. T.
the management Of la 0Wn property ana
the Danvillc roa0 Preferred per cent
stock will bee issued Dv The Terminal Com
psny to secure dividend, on which the en-
tire control OF thc Richmond and Dsnyille
will be placed In trust. The Terminal Com
pany's common ~t0ck--uoW $4,000, 900
viii be increased 10 S2l. 100000, and
bonus Of 80 per cent. Of thi> new common
stock OF tie Terminal Company viii BE-
given to it, present shareholders on the;r
subscribing for the new preferred stock u
the amount Of one third of their prc'en.
holdings Of common stock. Thu' holder
Of 81. COZ worth Of Terminal stock. on sub
.cribing for 1888 OF preferred stock. will
receive u a bonus 800 oi tlr rev common
.tock. This priyi,, 20 on 'Le stock ! estl-
mated to De worth irom 50 to $50 share.
An important metiin: will De held IN
New York early the coming week. Al which
measures OF importance ia their bearing on