Shenandoah herald. [volume] (Woodstock, Va.) 1865-1974, 1889-12-13


,hOw that the public affairs entrust'
% to their hands have been sue
,essfully administered. while they
point ont the best methods to pur-
sue to increase their usefulness to
put them IN force.
MARYLAND AND VIRGIN IA
BOUNDARY
The Ties which bind together
Virginia and Maryland in lasting
affection, in mutual interest, IN
past memories, in present fellow
ship aud in future hopes, makes
the line which separates them 80
slender, when traced on common.
able ground, that it Is not surpris'
ing, at times, geographical limits
grow dim and the lawful powers OF
each confused. The act passed by
the Virginia Legislature threw
open certain oyster grounds for
planting purposes, lying in the
Potomac river, and known as "Hog
Island fats" La accordance with
law, these lands we're assigned to
@. r. Lewis. 1t will be remember
ed that a commission, consisting
Of three distinguished citizens,
Messrs. Black, jenkins and Beck,
had rendered a decision as to this
boundary line, which, today, is
binding on both States. Their
definition of the proper division
line in this part OF the Potomac
river has been susceptible of more
than construction. In order to get
the exact meaning Of their award.
His Excellency, Governor jackson,
Of Maryland, addressed me a CON
municatlon, proposing that
should unite with him IN request
to the United States Coast Survey
Office to the detail of an officer OF
that department, who would in the
presence of a commissioner from
each State, locate the line which,
in his opinion, should represent
the intention of those making the
award in 1877. The report of this
gentleman has been received, aud
defines the boundary line as run
Mug along the lOw.water mark on
the Virginia shore, following the
Indentations of that shore. The
text of the award of 1877 directs
that this line should be run from
headland to headland. In the
former case the disputed territory
Is thrown within the jurisdiction of
Maryland, and In the latter, with
that of Virginia. The decision OF
the United States Coast Survey
officer would not be binding on
Virginia under any circumstances
until ratified lee lslative action, and
it is, therefore, to be regretted that
Governor Jackson should have Is
sued a proclamation, which would
modest any citizen in the fights con-
terred upon him by Virginia law,
until her Legislature, whose action,
with that of the Legislature of his
State, could consider the subject
and finally disposed of it. | feel
that this General Assembly, as
well as the corresponding body of
Maryland, now soon to assemble,
will jointly arrive at solution of
the question at ISSUE which will
satisfactorily protect to all concern
ed, the interest OF their respective
States, and not leave a ripple of
rage upon a single wave of the
great river flowing between them.
Virginia, by legislation, has solemn.
ly asserted her right TO this water (;
it is my duty, therefore, as her Ex-
ecutive, to those who have leased
IL under law.
have the honor to submit all
the papers in my possession bear
ing upon the subject.
CHESAPEAKE AND OHIO RAILWAY
STOCK.
The State held 1852 shares OF
stock of the Chesapeake and Ohio
Railway Company, and, under the
plan of reorganization adopted by
that company, tue SAID stock was
assessed at eight dollars per share,
which would have caused the State
to have paid upon that stock S142,-
SIC; while. at that time, il was
very doubtful, in consequence of
the preferred classes of the stock
and the heavy debt the road was
carrying, whether 1t would have
paid ANYTHING. Owing to this
state of affairs the Legislature, in
a resolution approved February
14tb, 1888, authorized the Board
of Public Works to sell and trans
fer the stock owned by the State
in the railway company, if, in the
judgment of the board, such sale
be best to the interest of the Com
monwealth. The board advertised
ia the New York, Baltimore and
papers for sealed Offers
for said stock, but no bids we're re.
ceived. In view of the uncertainty
OF being able to get anything for
the State interest, and also in view
of the fact that such stock was
quoted at from one to two dollars
per share, the board finally decided
to accept an offer to sell SSH
shares THAT beng One-half) for
three dollars per share, netting
S25, 800, and at the same exchang.
ing fhe other half, VIZ: ssh shares
of the capital stock of SAID compa-
nv, TOT a similar number of shares
Of the assessment paid stock under
the plan OF reorganization, such ex
change, however, only to be made !
upan the execution of sufficient |
guarantee to purchase the stock
80 exchanged at the price of SO a
share at any time prior to tue ex.
plration of sixty days after the