The times. [volume] (Richmond, Va.) 1890-1903, 1890-02-19
ITEMS IN VIRGINIA.
The BONSACK MACHINE COM
PANY GOING TO SELL OUT.

The Liberty Bank Succvss-Miss Burk
holder injured by Fall in Lynchbure-
Shooting Aeray in Bedford --latest
News by Wire.
LhNCHBUho. y a., Feb. Is special. i-
An adjourned meeting Of the Bonsack
Cigarette Machine Company was held he'r
today in the Young Meu'- Chfis'ian Asso-
ciation Han. rhe'r Vas a full attendance
Of stockholders from every section. A reso-
.uuon was offered by Mr.. James Clark 20
give the board Of directors power 20 seli the
rights, patents and property oi the jionsack
Company, at the bess advantage they could
secure without sendering the stockholders
IN any manner responsible for further
obligations. A heated discussion or
the question followed. Some doclar
ing IL would give the direcforsa In
too much power and ,hst tho shareholder.
should reserve tto power of deciding for
themselves, but vote was called. and if
was declared the unanimous will of the
meeting thW the board Of directors De- om-
powered 10 dispose of rights. etc aq tho,
considered 20 the best advantage,
In reply 20 questions directed 10 him
PRESIDENT strouse stated that propositN.ns
mad been submitted TO the company bv =
nunDer OF New York gentlemen. that If fhey
would name sum Tor when The B0nsack
Nolnpan Wenid sell out its entire pro-
peftSi lhese gentlemen. on ihe ua4 of|
-" Lh5hen syndicate which ihev Wffr. nr
eanize, would purchase g. sir Strousa
stated, on the pa" ~ the directors. that ms
low sum ~ S2,Oo0,O00 could not buy the
properly. The statement " the president
was tnen read. A contract had iust boon
signed with the American 1ohaec0 Com
pany lately incorporated. 90 furnish Them
with one hundred machines. from which
the bonsRck Company was rs receive an
annual revenue n sfo.0OO II more ma
chimes than one hundred were wanted
Nz,J'" PEI year for every additional machine
shOuld be paid. The cost of RUNNING the
machines and making repairs were 10 b.. !
paid by the users. This contract extended
over period OF three years.
A motion for The election OF annual
Officers was made, and the follow Ing were
chosen as directors. Ncesis. ID. T.. ~trou-o
l. y. >hickel, James Clark. T.. a. krise. T.. .
\. Davis, 2. A. BOnsack and Ed Folkos. /
Ihe meeting then adjourned.
ihe new bank az Liberty is q complete
success. all the stock having been taken .
""" " i"i -t liutb oi ~ 80 iNnchulfr. The .
president, u is said. Will De Thomas d. /.
Berry, ana Charles J.. M0sby. cashier.
The fight over the change of the name OIL
Liberty Tor Bedford City continues very hot.
and The community is very much ailded. F
The City Council Of Iypchtirg last nieht
postponed the question of "a High-streei
bridge TIL the rcNt regular meeting.
A most distressing accident occurred here
ms morning. Miss Mary, daughter of r..
burhnolder, was seated In hef vehicle
awaiting the return Of sister who was m
DR.. Hills. When Joined by her sister she
arose % standing position, and while in
nat attitude dog passed near the vehicle.
'ausing the horse 20 move. the Young LADY,
m consequence was falOWn violently t0 the
,round, and hcihg of q delicate c0nstitu-
ion, i' 8 thought she is seriously aud
'robably fatally injured.
A very serious shooting anray occurred
yesterday near l0wrys CROSSING in Bedford
'ounty, between Edmund llnl and VI. J..
Hogan, the latter heinz shot twice I'm tine
iead. II Is thought be will not recover.
aptaiu Hill Is a farmer. who lives near
his city, and once shot and killed a son of
ir. Richard a.. Morris, and brother Of tho
ate Charles y. Morris, Of Richmond. ip AN
nray.