The times. [volume] (Richmond, Va.) 1890-1903, 1892-02-10
PLAN NOW COMPLETE.
REORGANIZATION or THE TERsISAL
The Norfolk and Western Ohio Extension.
Death of John Jay Knox-Ihe Field
Faiiurc-New York News.
NEW YORK BUREAU RICHMOND TINES,
Eok O 1909

INV YORK BUREAU GitHHVNR 3fhkH'
Feb 9. 1892.
The Richmond Terminal reorganization
committee met yesterday. and one of Its mem
bers stated to-day that the plan OF reorganiza-
ton had been completed and practically
adopted. and that it may be given to the puo-
lio now at any time.
MONEY FOR IMPROVEMENTS.
Tha Norfolk and Western road has made
arrangements 10 secure at once S2'OO0'UOO
needed to insure the early completion OF mo
Ohio extension. work on which has proefssSou
slowly. Under the financial Arrangements
previously made Kuhn. Loeb 20 HSioe s.. o o..
a conference of security holders 70 uNa' %
half the amount If other interests wouiu pro-
vide the balance. This has been uOHe'
THE MONEY ADVANCED.
Tho money ia advanced as loan to DO re
Maid from sales of new stock, when wiz hrst
be offered 10 present stockholders; anu "a no'
taken by them. will be taken oy tne ioan ~ ~ ~
dicate. The expenditure OF the pIoceeus WIN
make the ~ 900 OO0 already expehueu PIouuc-
tive by connecting the oclO'0 "''0' ~''''-0"
with the main hre.
JOHN JAY KNOX DEAD.
Thu Hon John jaw Knox. OK Comptroller Of
,ba United States Treasury and president of
the National Bank Of the Republic, died OF
A. Albany. Assemblyman Stein introduced
thts morning his bill 70 repeal the electrical
execution law and substituting the old form
- tbe roma The bill If enacted would APP
plv TO ali convictions for ohenses punishable
ty death committed on or after June lst
next.
HEAVY DAMAGES AWARDED.
4 l. -. IL. .loI
". Ehrman. an infant judgment for S2j,Z36
in bis suit against the Brooklyn City Railway
Company. On August l6, 1889 the child
who was then three years old, was run over
by one Of the company's bob-tail cars and
sustained injuries that rendered necessary the
smputaton of his right leg at the knee
THE AWARD AN OUTRAGE.
President Lewis. Of the railroad when seen
TO-DAY concerning the case SAD Inc a""I9
of such a sum Is an outrage. never hearu
of such verdict against street railway COM
pany When the child IS Of age the money
will amount to about SO. 600. Ii we have got
10 nav at that rate we had better 90 ont OF
business. The child was on the street unprO-
tected and ran directly in front Of the car,
which was stopped almost instantly
THE FIELD FAILURE.
Mr.. Charles w. Could assignee Of the sus-
pended brokerage firm Of Field, lindley'
Wiechers a Co.. to-day filed schedule OF the
firms assets and liabilities. The statement
Is long and complicated and shows that the
actual assets Of the brokerage firm IS q little
over $4,000. secured liabilities more than
Sl.O73O00 unsecured liabilities over Sl,Ofh-
900 and nominal assets of over slylhOJU.
THE NEW PRESIDENT.
The retirement Of Mr.. Beers from the pres
idency Of the New York Life Insurance Com
pany on pension of s37, 800 year was fol
lowed by the offer Of the presidency TO John
A. Mccall, comptroller of the Equitable Late
Assurance Society and formerly Superintend-
ent of the State Insurance Department under
Grover Cleveland IL is understood that the
salary of the new president Is to be $4,000
year Even with this and paving Mr. Beers
his pension, the expenses Will be less than
formerly. and no doubt the company Will
also be more economically managed.