The times. [volume] (Richmond, Va.) 1890-1903, 1890-01-25
AMERICAN TOBACCO co.
REPEAL OF ITS CHARTER OlS'
CUSSEO IN THE SENATE.
ActioR Postponed Until NEXT ihu''
day-Actiou OF virginia and North oaro-
lima Farmers-Proposition to tho Bon
sack Company.

ActloH Postponed tntii N"@'
day-Action of virginia and North caro-
lima Farmers-Proposition to the Don
sack Company.
In the senate yesterday Mr.. stubDs, IRON
the Committee on General Laws. reported,
with the recommendation that 1t should not
pass. House bill 10 repeat an act approved
December 10Th. 1870. incorporating the
American Tobacco Company.
Mr.. Hurt asked the Senate to give the
report immediate consideration, and the
bin was taken up. Mr.. Hurt then asked
that the report Of the committee be not
adopted. The tobacco growers Of the state,
he said. were in favor Of the passage Of TINS
repeating act, and a large meeting Of farm
ers had been held in the courthouse Oh III :
county (pittsylyania) 10 urge the repeai Oh
the charter Of tie American Tobacco Ioni-
pany. .;ao,.,-
Mir. Moore opposed immediate considera-
ton. and suggested that the Dili De niage
the special order for today az j 1870 IN,
many of the LAWYERS in the body as 10 the
constitutional right u the General Assem-
Div 10 annul this charter He suggested
that the subject be passed by, 10 allow time
I
10 examine this phase OF the case
Mr.. Peters. Of Henry, who represents an
imnorfant tobacco growing section, trusted
the bill would De passed. lie hoped IL
would not be- fixed for Monday, as had been
suggested by some one, as he could not De
present on that day. His people were
decplv interested i'm the matter and be
thouobt Immediate consideration might be
given il as the subject had been mp for
several weeks in one way or another.
WANTED IMMEDIATE ACTION.
Mr. Hurt insisted on the consideration Of
tine bin az once, and suggested that tue re-
mort Of the committee might be passed upOh'
and such objections as were raised by Mr..
Moore might be discussed when the bill
came up ON its passage.
Mr.. LOyenstein said he was ready to meet
the issue but he thought 1t best 10 pass the
subject bv. as other members desired time
10 look into certain questions involved.
Mr. Stubbs arose 10 defend his committee,
and 10 roiute the statement made that the
original bill had been hurried either through
the committee or the Senate. IL had been
materially considered in both places, and
was passed strictly on its merits. lie en-
phasized the idea advanced by Mr.. Loyen-
STEIN that 10 adopt Mr.. Hurts suggestion
tO pass upon the report and then consider
the bin would De contrary 10 Parliamentary
practice The vote on the report, he con
tended. would settle the destiny OF the bill
IMPORTANT MEASURE.
Mr.. Jones said the measure was an i'm
pOrtant one. but he was not prepared at
present 90 vote for the bill; he WOULD like 10
hear some discussion Of the legal points in
yOlyod. The wiser course, he thought,
would Dee 20 postpone in order 10 give the
senator a chance 30 enquire into the matter
and then discuss it.
10 was agreed TO postpone the bill till
Thursday at / O'Clock.
THE BONsACK COMPANY.
AZ the annual meeting Of the Bonsack
Cigarette Machine Company last Tuesday
"a proposition was read from "a gentleman
representing an English syndicate, offering
10 purchase the entire property. rights. and
franchises OF the BOnsack Machine Com
pany. S2.O0O.O00 being the stipulated con-
sideratiOn. Action on this proposition was
deferred until the next meeting OF the COM
pany. II was suggested by several stock
holders that If the syndicate would add So
u0O.O0O 90 their figures the proposition
might be seriously entertained.
ANOTHER TOBACCO TRUST.
II will be remembered that the farmers Of
twenty-Ono Of the bright tobacco counties Of
Virginia and North Carolina met at OK
ford. y. g.. about ten days ago, and formed
an association 90 fight any organization
likely 90 iniure their interests The farm
ers are watching with much interest the de-
yelOpment of the trust, with which is con-
uected, it is thought, the Durham Tobacco
Company. and the proposed removal Of its
business entirely 10 New York.