The times. [volume] (Richmond, Va.) 1890-1903, 1891-07-15

and good deal OF that money would be spent
right In this city. The value OF the tapping
OF that portion Of the state through which the
road was to DO built would be immense
Hundreds Of thousands Of dollars worth Of
truck could besfurnished from there annually
90 the cities of Washington. Philadelphia and
Baltimore. and about two weeks earlier than
from elsewhere While he was not ut liberty
10 disclose negotiations not yet completed. he
could say that the new road would shorten
thc route 10 New York city 10y three hours,
and trunk line system could he established
with cities on the southern coast Of the At
lantic about 300 miles shorter than any other
route. The city of Richmond would contain
the central offices of tho road. and from all
TINS It would be seen that the city would not
suffer any damage by the carrying out Of the
enterprise.
THE SECURITY.
Major Capers wanted to know of Mr.. Reed
what suretles he could give as TO the correct
ness of his statement that the money would
he forthcoming. in reply Mr. Reed stated
that on Friday last be had given to the
treasurer Of the company certified check for
10000 Colonel Brooks had also deposited
$4,000 10 the credit of the road. and would
deposit IS. 900 moro by the goth instant They
did not intend 10 build the tunnel, but only
wanted to make good the damages which had
occurred The tunnel would be built with
money gotten from other sources. OF the
$50. 600 to be furnished in this manner the
sum of 81, 900 had already been given to some
citizens Of Richmond.
When the tunnel had been dug some one
had piled up the excayated material sixteen
feet nigh in front of the tunnel 30 that the
water could not run out and it would have TO
he removed at an additional expense. For
the pas, year the sewer running through the
tunnel had not discharged its usual quantity
Of water. which showed that IL had found an
outlet elsewhere ditch had been dug for
the LAYING of gas mains, while heavy rams
had occurred and all the water had settled
into the tunnel At this time about fifty feet
OF the tunnel had cayed H. They we're ready
10 repair the tunnel sewer. water mains and
gas pipes but could not do 1t without re-
newal of the franchise.
When questioned by Mr.. Turpin ifthey were
willing 10 do the work under the direction OF
the City Engineer. Mr.. Reed said that they
were not only willing but compelled 10 do II,
under the provisions Of the city ordinance.
At this point Mr. Stratton withdrew his
resolution and substituted the original resoiu,
ton, which the Joint committee are expected
10 act upon and which has already been pub
lished IN the columns of The ZINES.
SPENT IN RICHMOND.
Mr. Belyin stated that more than $4,000
had been spent on the work by citizens OF
Richmond while about 100000 worth OF
bonds were held by residents of this city, and
bonded debt OF the concern bad been PAID IN
cash If the work was allowed TO go on he
believed that it would be finished within two
years
Mr.. Turpin said that he had made up his
mind from the statements heard 10 vote
against Mr. STATIONS resolution and the
ordinance prepared by Mr.. Cooke at the next
meeting Of the Board even if he should be
the only one 10 oppose IT, He claimed for
himself the privilege TO vote for what be
always considered 10 be right. He was IN
favor 10 lot the company go on with the work
under the direction Of the City Engineer, and
if al any time they should abandon the work
SO much Of it would have been gained for
the city.
Mr.. Gray wanted to know why the asser-
tion had been made that the road could be
built IN two years.
Alr. Reed said that after examining the con-
dition Of the tunnel on the previous evening
he had sent Dir HOaT the engineer. 10 Eu-
rope TO have the contract signed and the
money would come IN as soon as the extern
sion had been granted.
TINE EXTENDED.
When asked by Mr.. Cary how long an ex-
tension he would ask for Dir. Reed stated
that twelve months would be sufficient TO
complete the tunnel and have the trains run
ming into the city. In regard to the estimated
cost of the undertaking, he explained that
four and half millions of bonds had been
voted for the building Of the road and tho
tunnel. and that they had a certainty 70 be
able to float the bonds IN Europe. which was
now the money market for America.
Dir II J.. Carter WAS IN favor OF prompt
action. and thinking that Mr.. Reed was IN
earnest with his proposition, he advocated
that ali opportunity be given that gentleman
TO do the work.
Mr. Iurpin offered the following substitute
t. Mr.. STATIONS resolution. That this com
ro1f 700 papRuTngn6 Council
newal until the LIST of August, 1892, to tho
Richmond and Chesapeake Railroad Com
pauv of its present franchise upon the cOnd-
ton that the said company begin at once and
continually prosecute the repairs necessary TO
nut Eighth street in its original condition and
properly protect the tunnel and repair all
damages to property on said Eighth street;
this work 10 be done 10 the satisfaction of the
City Engineer.
THE pEOPERTY-OWNERs.
Colonel John Murphy requested to be heard
on behalf OF the propeTty-owners on Eighth
street and Mr.. CHRISTIAN moved that be be
listened to for five minutes Mr.. Capers
stated that inasmuch as Mr.. Reed had been
permitted 90 speak as long rs he seemed tit.
he thought that the propeIty-owncrs should
he accorded tie same privilege lhis was
agreed TO-
Colonel Murphy explained the position of
the property owners and asked that their in
in favor # the tunnel if it could be properly
built
Messrs. Bowers and b. 7. Tinsey coin
cided with Colonel Murphy, and Mr. Barber
presented petition signed by nearly every
on Eighth street, requesting
the City Council not u grant any further
pm yilegcs 10 the company.
The vote on Mr. Turpin's substitute
hcing called for, Mr. Christian wanted TO
know how the vote was u be decided
The Chair decided that a majority of those
present should rule but Dir Hughes who
thought that q majority Of both OF the com
lnit,ees should be necessary, appealed from
the decision of the chair. However the chair
was sustained. only Mr. Cary voting against it.
The substitute was then adopted by the
following vote.
Yeas -Alessrs Baker. Belun. Brauor, II. i.
Carter. Curtis, Turpin. White, Hughes, Chris
tian. Cameal-11.
Nays Messrs. Gray, Stratton. Thomas.
Capers, Cary-5.
The committee then adjourned
At THE STATE HOUSE.
o.. 4 4 .,ft -