Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-12-19
pyA V0TE0F 80 TO II.
-. RriliSh BOndhOlderS Accept the
pebi Agreement.
,,ySIDrRABLE DISCUSSION.
.,, Happy Conclusion Finally
," ,.t,tnLsrgeIv-A Attended Meet
r. Noto aud Comment.


Esson'' ~ =, co,wont.
ir.
,.-.t~oH.an oshlc 90 thc Dispa,ch.l
- u..rmbcr Is. A largely-attend-
...f ,bo English holders Of the
d I. ..-.. ,.is TO-DAY and. after
y..ra '.'' ' go
..--l.-a'' d.scas'''h u "''' o'''''N -
....f.tol7 10 accept the agreement
% ,l.o olcot4 C,u,uittee for
...s....s.t.
,s, 'a' Cd. '"' 'lN,''' -. -.
81. u.> ~ i'HH'0A t"A A'.'' N.''N'
s-r.rr lubbock presided at the meet
-ar address be repudiated theldea
... Council oi Bondhoiders was 700
. At any rate he sald' We
..,.H desirable 20 como TO an amlca-
d.. ..t.mslt, and agreed TO leave tne
...- ..- the time IA the hands ot the
,-.N.-. committee ana the ADVISORY
g..-I.a .-Ier Co stop legal proceeahRs.
...r J.s.auLr THAN IHE HppLEhEEaEs
MIL
.Vf...ysr the majority Of The meeting
.- ...-ra upon be continued, the
,..3.-. proposals are undoubtedly moro
-..-.... g.. the boudhoiders than - the
r.s......- bin, and this is due to the
,...s.i persistent litigation maintained
.-M. l.lrw in the Federal courts but
...-. fe bonds would long ago have
..... point at which It would have
..5.aI them under the Riddlebereer
r'' FNIH OF iHL COMMIT "a ~,
e. ..'n lubbock theh reau 'n' ~"
f-. r'"l .-H''' h' SA'o ."aV H''''''i '',o
..,. rHr the virginia Colhuhttoe ""ul'
i.-.r. umauded these terms hau they
t...uI t.e state Of Virginia was aole TO
-..r.-.. Ha SAID hc had been requested
bread letter addressed TO tne Oohu-
l..5.-- ana signed by Messrs. LidderdaIe
.-tUrrl. The letter admitted that the
,.,-. vera unsatisfactory and sad that
,-.-. r.- ro reason t. suppose that the
..,..v., unable TO pay 8 per cent. after
r.u three years, because the settlement
steG.Ht could hardly fan to stimulate
development of Nirginia's resources.
AsgEIous OBJECTION.
T.salsauce Of a sinking fund was also
OIL .t.ection. The appropriation oven
fs,ua.l amount Yeariy i"r 'lle purpose
would ,v.lencea a desire 10 deai larry WIN
H-n .-la.liers and enhance tue creult Oh
y-.,.l. Yet. 80 the letter continues, As
p ...~s impossible to Obtain better
~-- without 'llu'ully anu ,'''',' "o ~ ,,o-
rlI. a',.r much hesitation TO ADVISE the
s.g.ance oi the proposals ,-.--,
stj.an Lubbock coHciuIeu oy sayiIiS nc
.il.' desire 70 ihturnce i.,I 'De Oonunoiu'i'
81 .l. Say ~ '.'. -, ~. ,,,,o,,,,,
Ee.''''' I' - ~. ~ ooaa,,,anco
A'' '' We 80 nv ., - - -. ,,soIoss
3 .- iI 'P'S'' ''i i'''' % ~. - -. sc
i'..'' ''-C ',..,l uya'.ot, w. .ho , oon,nit,oo
,'-...' tn rednc.ion of tine com
l.- o' '''o - -
'- '''I '.'o 0'-'-',,,e -, - roioctod
'' ''... ~ '''O III 49, - - al tbo 20
e'''' '.''7"''pl ,,51Ian,a -, ant'r1iss;oD oF
s' N.-'' FiV""''y 20 '''0
s.',. terms 'Hs - o''i' -,--:-..
AH...,L 10 'e'"'' '''0 ''' - ''''''
i.ls, Nleu' --, o,a.o5
A5 RANKIN ,nou pIolo1Su - a. II -, .
r.-' '' feiuSe 'Le 'ei ills .-.,, oi'vi - UD'''7
i.i -'' interest was iDH'n 'A'ii'u.
I'sslbli-II ~ W ma. q -. a. - 'I~,i Cio.-
Replying 10 qu'7ylon' ..i ,,'J -l'''l ~, -
l'-...'' '"'' ~ "oO'I .t,ar,h. th;s
'is.A.' 10 ioPu'i'H'0' ''' ''0
l '-.''', ..;oo.o1
AI. tIankAhs bmehulucAt WIS LcJoO'0N
tsavo'a of A to Is.
Al auaudment 70 allow deposltors slXty
5lgs % which TO withdraw Their securities
v.,a'r1 reiected-3J to H.
laau'tlon 70 accept the agreement De
iss- 'he Virginia State-Deot COMMISSION
..l tle Olcott Committee, which was
s-i ty Mr.. Leon, was then adopted
-,lI
1r "THUSDEREE on THE RESULT.
L.UaS, December l9.-Ihe Times IN ITS
t.an..al article tins morning, saws we
doubt whether the proposed virginia uoo'
-.tuent Will increase inc oreul'
@ Virginia anu lnulrecVy en-
.l'.' railway secuti'ieS' 49, 80 80.
-...s VINO thihh IL "oi'H "H,'0
.saaI out against TINS injurious SeV'le-
r.-, Lave a perfect rlght 10 do So anu
vi. deserve the thanks oI the COM
-r.l community should they succeed
making better terms for themselves
TIE BONDS RISE
l.e bonds rose "a on the result oi inc
Meeting.
I'VE TERMS Aoh1hD OFoNi i;,u.
.i.. terms OF aSreemehV PROVIDED III o .no
b.. '' settlement Ieco,'l'ii'nuvu N, ~ '"0
... -, ''.''7o,' -, -, " :, so,tIowopt
''''' va 90, ,o,, r a. =.
81. ''N'eAalloh ol SIo'O'O'oV' VI -, 10 80 80
...''.n'ss sh"l execute anu IA, UoIi'oi -
..-- i'r the sum ot SI''OOo'VOU' VI nm, ~ M
N,fn1n for the amount Vi lh1ooCou, n'.,
i." "Mth shall De SufreuueEeu' 9"iu
..s SHALL DE paYaole IN one nunu'o,' l'II..
'"i-' alter their daie' anu uIa" li''''sV
Rom the lst day OF JulY' 1871 at 'iio rave ,a
i 2 Irr cent. for the hrSt ten years ''i.o'
..a' date, and at the rate OF . per cent ~, Ioi
'' remaining ninety years ""U "n'A '''0
--.a'.'y 81 SAID BONDS }
lHE GoNLENoR iNfoANhp' ,,.