Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-07-03
PETERSBURG'S LOSS.
TWO FORMER CITIZENS KILLED IN
THE NORFOLK & WESTERN WRECK.
southside Railroad Loan Bonds to De
Retlred-Ncw Bonds To he Issued
General News.
Correspondence Of the Richmond Dl.ps,ch.l

Correspondence Of the Richmond Dispatch'l
PETERSBURG. Va, July 2, 1899:
The intelligence Of the accident on the
Norfolk and Western railroad this morning
beyond Lynchburg and the killing, among
Others, Of two Petersburg men, was re
ceived mere with sincere regret. Mr.. ALVIN
NJ. James, q travelling engineer on the
Middle division Of the road from Crewe 70
Roanoke, was frst-class officer and great
" respected by all who knew him. he has
brother and other near relatives residing
here. He leaves n widow. the daughter OF
Captain W. ". Wheary, Of Ettrick.
hIr. John W. IIivesay was for some time
train-dispatchor on the Norfolk and
Western road in this city. but when the
chsnge of divisions was made he was trans
ferTed TO the Middle division. He. was
native Of Greenesville county, and very
bright and genial gentleman. He was dis
shaded from going 20 South America to en-.
gage in railroad work on the ground OF
health.
BONDS TO BE RETIRED.
The Finance Committee Of the Common
Council have introduced an ordinance pro-
viding for the issue and sale Of S2G 900 OF
bonds Of the city Of Petersburg bearing
per cent. interest, for the purpose OF re-
firing the same amount of outstanding
bonds known as the Southside Railroad
Loan" issued in 1870 and falling due on the
1st Of August, 1890. The ordinance also
provides for the levy Of direct tax sutiicleni
/ to meet semi-annually the interest on SAID
bonds and to establish a sinking fund sacred
/ TO the payment Of the bonds at maturity.
| The new bonds are to be dated August ],
| 1899. and are made payable IN forty years,
| the interest 20 be paid August and feb-
ruary 1st Of each year. They arc 20 be
! known as registered coupon bonds" re,
/ gistered and issued in sums OF $500 ana
II 600 The Finance Committee are au-
/ thorized and directed during the present
/ fiscal year, or prior 10 August lsO, Dy
/ sale. exchange, or substitution of this issue
/ of bonds, 10 pay Of and retire the bonds
/ falling due August !, 1899 (S2g7 ,00O), on such
/ terms ~ they may deem most advantageous
/ TO the city. A tax Of one fifth OF ! pei
/ cent. is to be levied and collected at the
/ same time the general city taxes are cor
/ lected. out Of the pr0ceCdsof which Sl4 ,o5l
I shall be annually paid rs interest on said
| bonds. and the remaining sum, $500
| shall be annually turned over 70 The
/ sinking fund TO be invested and used f0i
/ the sole purpose Of paying of and retiring
/ the principal Of said above bonds at ma
/ turitv This ordinance will be considered
| ut "A meeting Of the Council 10 be held neX'
/ Monday night II will pass unanimously
/ 1t Is understood that the new . per cent
bonds will be taken as soon as issued ant
at IA premium.
GENERAL MOTIFS.
The daily consumption Of water from The
! reservoirs in this city is S0O,O0O gallons
( The capacity of the reservoirs when IN or
der is "a 0O0 gallons. 1t is deemed hes
| TO build new dams instead of repairing TIM
old ones, which were broken and damaged
by the late food.
In accordance with the requirements o
the Common Council the Norfolk anC
/ Western Railroad Company Is ercctln!
/ three new gates at its strcet-crossings, anC
the Atlantic Coast Line will put up mum
Der at lis crossings.
The rate of mortality in this city during
1 the year ending June 3Oth was only ~ z
per 900 of population per annum. Ih'
rate IS very small, and speaks well for TIM
good health of the community.
The exports of manufactured tobacco
during the month Of June amounted 4
3l3.7s6 pounds, and the internal-revcnu'
collections to 25,0I0.9S.
The value Of realty for taxable purpose
this year, rs appears by the Commissioner
books. IS i9,650.OO0.
Among the appropriations by the COun
eli for this year are $4,000 for street i'm
provemcnts and $4,000 for the public
schools. I'm addition 10 this latter sun
our school, get $4,000 from the STATE.
ROBIN ADAIR.