Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-12-19
A NEW CONNECTION.
ANOTHER 8ELT-LlNE SCHEME BE-
FORE THE LEGISLATURE.
Landowners of Henrico County Ask for
Valuable Franchises West
of Richmond.

The bill introduced in the Senate Tues
day afternoon by Mr.. Sands (by requosD
to incorporate the Richmond, Petersburg
and Allegheny Connecting Railway Com
pany is now before the Committee on
Roads and Internal Navigation and will
probably not be acted upon until after tho
recess.
That the measure viii be fought vigor-
ously at every step there is little room for
doubt. TO the railroad the franchise is de-
sirable in the event the Supreme Court de-
cides in favor OF the property-owners IN
the condemnation proceedings, and they
will be very 10th to let others eject an or
ganization. get "a charter and build this
important connecting branch. and dictate
what royalty shall be paid for Its use.
WHO THEY ARE.
The corporators named in the bill are:
y. a. Patterson. William II. Sands. j. q.
Beattie ID. Buchanan. Jo. Lane Stern,
Henry s. Hutzler, Bradley I. Johnson, \,
W. Patterson. Clay Drewry, Charles r..
Wingo, and j.. A. Catlin.
The capital stock shall be $4,000 shares
of the value of 800 each, and the COM
pany is authorized TO increase the stock by
q vote OF the majority of all the stock
holders in general meeting TO an amount
not exceeding i'm all 100000 shares also, TO
issue coupon bonds secured by mortgage
upon the franchises, rights, and property
OF the corporation.
TIE BILL.
Sections ?, 4. and 5 read rs follows:
3. sIhe said corporation shall have the right TO
construct a railway from any point on the Hch-
mOnd, fredericksburg and Potomac railroad
between Ashland and the corporate limo of the
city OF Richmond TO any point on the Richmond
and Petersburg railroad between Chester and
the cOrpOrafe limits OF the city II Manchester,
aud e construct a bridge on the James river for
tho purposes OF said railroad, which bridge may
be usoi tor such other purposes "a may be found
convenient.
l. Tue said CORPORATION shall pay 10 the Com
monWealth as a liceusc-tax the amount OF ; per
cont on tho net revenue of said corporation. aud
the property OF said corporation shall be taxed
IA All other proper In the Commonwealth -
taxed.
.. The corporation shall hayo the right 10 pay
for services aud property necessary FOR tho con-
struction and operation Of ihe said road in stock
of the company upon such torms as may DO
agreed.
WHAT THY PROPOSE.
The bill rs nav be seen by q glance at
tho list of cOrp0ratOrs, Il the proposition
of the prOporty-holders along the line Of
the projected Belt Line.
They say if the connecting railroad IS
necessary and is 10 be constructed the
owners or the property through Wnlcu tHP
road will pass ask the privilege of building
1t over Their own property and enJoyinS
whatever advantages may accrue from
such q railway.
They also point out that tho Belt Line. If
constructed by the two existing non-taVa-
bic railroad companies, viii also be cx-
empt from taxation, and thus a large
amount Of property subject 10 taxation
Will be exempt. But the property-owners
if allowed 10 construct and operate the
road offer to paya license-taX Of jpcr cent.
prOperty-taX.
General Bradley T. Johnson. who has a
large interest along the proposed route, Is
promoting the enterprise, together with
the other prOperty-0wncrs concerned, and
will take charge of the construction of tho
projected road if authorized by tie Gene
raj Assembly.