Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1890-01-14
TO UNITE THE ROADS
PROPOSITION TO CONSOLIDATE THE
CITY AND UNION PASSENGER
RAILWAYS.
TIE Three Electric Plants to Be Included
and Power Asked TO Make
Other Purchases.

In the House of Delegates yesterday Mr..
Levin Joynes introduced four bills Of spe-
cisl interest to Richmond, Manchester.
and their suburbs.
Their chief aim is TO place the three cleo
tric-plants and the City, Union Passenger,
and perhaps other strcet-railway lines here
under one management.
These are the titles of the bills:
To incorporate the Richmond Railway
and Electric Company.
To amend aud reenact section 8 Of an act
entitled an act to amend and re-enacJ an
act to incorporate the Manchester Railway
and Improvement Company and to change
the name thereof to the Richmond and
Manchester Railway Company, approved
February 10, 1886.
To confer certain powers on the Rich
mond City Railway Company.
To confer certain powers on the Rich
mond Union Passenger Railway Company.
All OF the bills were referred to the pro-
per committee.
THE OBJECT IN VIEW.
The object of the bills is the formation
OF new company with power TO acquire
and operate the two railway companies
the Main-street and the Electric lines-and
the three electric-light and power compa-
mes now doing business in Richmond, all
o. which are substantially owned and con-
trolled by the same persons. The benefits
expected to result from this consolidation
are increased efficiency and greater econ
omy in the administration of the proper
ties, and greater facility for placing the
bonds under a consolidated mortgage,
which is proposed TO be issued for the pur-
pose Of retiring the existing mortgages and
improving and developing the properties.
As it is proposed to operate the railway
lines by electricity, the company desires to
own and control its own works for furnish
ing the electricity from reasons of economy,
and also because of the obvious advantage
of not being dependent upon another con-
Germ for its motive-power. Such an cleo
trio plant is very expensive, and in order
TO Justify its construction or maintenance
il is necessary that the company should
have power TO furnish from the same plant
electricity for purposes of lighting and
power. BY this use Of the plant for the
generation OF electricity to be applied TO
these various purposes 1T IS claimed that
great saving of cost can be effected. There
have been some negotiations with Mr..
Bryan looking to the purchase OF his line
TO Manchester, but nothing has been con-
cluded.
The Now Company.
The following is the full text of the first
bill, which is, of course, the most import
ant one {:
1. Be il enacied 5y ne General Assembly Of
Vi-qiniq. That Joseph Bryan. W. Il. Trlgg,
d. II. Hongtaling, John p. Mum, and g..
j.. Fisher, and their associates and sue
cessors, be, and they are hereby. made and
constituted n body polite and corporate
by the name of the Richmond Railway and
Electric Company, and by that name shall
have all the general powers conferred and
be subject to the general restrictions I'M
posed upon such bodies corporate by the
laws of Virginia so far as the same may bo
applicable and are not inconsistent with
the provisions of this act.
TIE POWERS soUGHT.
Q. The said company shall have power to
construct, equip, maintain, and operate a
line or lines Of street railway in the cities
of Richmond and Manchester and the
counties of Henrico and Chesterfield, or
any or either of said cities or counties and
over the bridges across the James river be-
tween said cities and counties. The said
company NAV construct and operate lts
line or lines of railway over the streets of
said cities and the public roads of said
counties, provided the common councils
of said cities respectively and the judges
of the county courts of the said counties
respectively, who are hereby vested
with authority so to DO, shall consent to the
location of said railway on the streets and
roads within their respective limits, and
the said company shall construct and
maintain its line or limos of railway over
the said bridges only with the consent oi
the persons or corporations owning or con-
trolling SAID bridges respectively, but the
consent of the commissioners OF the James
River Bridge Company shall be sufficient
in the case OF that company. The com
pany hereby incorporated may use horses
and mules, or may adopt and use such
other motiye-power TO propel Its cars OF
vehicles az the bcfore-named authorities
of said cities. counties, and bridges, respect.
lively, through or over which its tracks may
be laid may permit within their respective
limits. The company hereby Incorporated
is also authorized TO manufacture. use,
sell. furnish, and distribute electricity in
its various forms for purposes or Lighting
heating, power, and for all other uses To
which electricity Day be applicable; to
manufacture and sell all apparatus and ap-
pliances used in connection therewlth,
and to construct and operate all necessary
works and appliances and to locate and
maintain poles. wires. and other appliances
on, over. or under the streets OF the cities
IL.
said. and tho said bridges with the like
consent aforesaid of the aforementioned
authorities of such cities, counties, and
bridges respectively.
THE CAPITAL.
2 The capital stock of said company
shall not be less than $4,000 normore than
| 81. 900. 900, divided into shares of 500 each.
Subscriptions to the capital stock may be
received by the cOrporators herein named,
or any three of them. 1T such time and
place as they may appoint, and with OF
without notice as they may BEEN best
and as soon as the minimum capital stock
has been subscribed the said subscribers
NAV organize as q corporation and proceed
to elect president and board of directors,
and adopt such bylaws and regulations rs
may beproper for the management OF the al
fairs of the company, and thereafter further
subscriptions to the capital stock may be
received bv the Board OF Directors. Sub
scriptions 10 the capital stock may be pay
able either in money, land. labor. material
rights, or other property upon such terms
aud conditions as may be agreed upon be-
tween the saM company and the SUD-
scriber.
4. That said company may acquire by
| lease or purchase, aud use and operate the
works, property, franchises, rights, privl-
leges, and immuuities of any other street
railway company or of any company in
corporated for the purpose of manufae.
turing or furnishing electricity, whose
railway or works are situated with
! in the cities and counties aforesaid OF
| either of them, and the company hereby
Incorporated may unite or consolidate with
such other company or companies satOre,
said UPON such terms as may be agreed
upon, and power IS hereby conferred upon
such company or companies to transfer by
sale or lease their works, property. fran
chises. rights. privileges, and immunities
to the company hereby Incorporated, or to
unite and consolidate with the company
hereby incorporated upon such terms as
may be agreed upon, and as soon as
such sale or consolidation shall have
been made the company hereby IN
corporated shall be invested WITH
and be entitled to have and maintain and
operate all the works. property franchises
rights, privileges, and Immunities OF every
kind of each and any of the companies
with winch such sale or consolidation may
be effected, and in order 10. carry out the
terms Of any such consolidation, purchase,
or lease as is hereinbefore authorized this
company may issue its stock and oond'
and use the same in payment for the WORKS
property, franchises, rights. privileges, ano !!
/ imnunities so to be acquired, aed TINS
company may acquire the stocks ana BONDS 7, q