The times. [volume] (Richmond, Va.) 1890-1903, 1895-12-25
THE PACIFIC COMPANY.
ASSEMBLY ASKED no GTTE LIFE TO
POWERFUL cORPORTdION.
Tho lncorporators Are Largely New York
and New Jersey Men With Two Viz
eininns and Two citizens of Peru.

powerful corporations ever chartered by
any State Legislature. The BILL which
will he considered FIRST 10y the Committee
on General Laws seeks 10 incorporate
tho Pacific Company. and as corporatofs
are named the following gentlemen.
Messrs Harry kune. OF New York. Chas.
Condcrt. OF New York. j.. S. Walton, Of
New Jersey. John G. Barron, OF New
York r.. J Jcrzmanswski. OF New YORK
Charles j. Dietrich. of New York, g.
Clinton Gardner OF Pennsylvania. X. W.
Hawksworth. Of New Jersey. William \.
Anderson. OF Virginia. Jose ~. Gngoyen,
Of Peru. Isaac Alzamofa, Of Peru, John
+. T.. Anderson. OF Virginia, Wheaton j..
kunhardt. OF New York. II. vi. Hawkes.
worth. of New York.
After granting the usual privileges FOR
the proper management OF the affairs OF
the company. the bin provides that it's
capifal stock shall not loo less than $780,
000 in shares Of fi0O each. That this
amount may Doe increased from time 10
time until the sum of Sl0lgo,Oo IS reach
ed. As soon a. the minimum amount Is
paid IN the company may proceed with
its organization. The bin also provides
tho followine.
TIE PRIVILEGES
The said company shall have the right
10 acquire and hold. use employ. cXcr-
sions. grants privileges. and immunities
that have been or may be granted or
conferred by. or secured from. any of the
republics. States. cities. districts. couu-
ties. municipalities. or other political or
corporate bodies of South America and
other countries. and also 20 subscribe for
acquire hold and vote. and SELL or other
wise dispose of the shares of the capital
stock or the bonds of any company char
Nf
or municipality. II shall have AN the
powers. rights and franchises necessary
and proper Tor the construction. control.
ownership. and use OF railroads OF any
description anywhere upon the continent
OF South America. and of boats and ships
propelled by steam. electricity. or any
motive power. and shall have any other
rights, powers and franchises necessary
or important for any of these purposes.
including the right TO acquire build.
own. lease. occupy, and operate wharycs.
piers, canals. ship-yards. docks. eleVa-
tors. transfers. lighters. telegraph tele-
phone and express lines. warehouses
water-works, and other structure. apple
ances or appurtenanccs or property which
the company may find 90 Doe necessary or
convenient for the proper conduct of its
business. Said company may also engage
IN the business OF banking. and may con-
duct general banking business. and es-
iahilsh one or more banking houses I'm /
any OF the republics of South America
or IN any other State or country. subject /
10 the laws of such republic. State. or
country IL may act as agent and guar /
antor and may guarantee the perform /
ance Of contracts and OBLIGATIONS II may /
acquire and own any and all lands out /
side OF the territorial limits of virginia |
inat 10 may ind 90 Doe necessary or convo- /
iurni lot us purposes. and may sell. lcasc.or /
othtTWise dispose OF the same. And IN /
may acquire. build, own. and use or [
oiher"ise dispose of wharvcs. piers and /
wal ehouses az or near Norfolk and New /
port News in Virginia. and may ac-
quire ana own. SELL and otherwise dis
pose OF any land necessary for these DUR
poses
BUSINESS TO BE CARRIED on.
Said company is authorized TO carry
on the business Of mining coal. or any
ores euano. niiratcs or other minoresg
or substances. and of manufactffrire
any metals. materials. or products. and
li developing oil and asphalt territory |
and raising and refining oils. and may
'oheuct said business at one or more /
points IN any republic. State. or coun-
try Of the continent of South America or
h any part OF the continent OF North |
America. which drains into the Pacific
ocean IN which the said company may
ieem u proper 10 acquire property or
'stahilsh works for those purposes. and
ne said company shall have authority
70 hu}, hoid, SELL lease or otherwise
dispose of any real estate. subject 10
ne limitations In section four. OF per-
'onal estate deemed necessary 10 the pro-
per prosecution of It's business. and may.
On any property SO acquired. erect and
maintain buildings machinery. and struc-
ules h,edim Tor smelling. manufacture
hg. ana treating ores. metals oils. and
Minerals or substances OF whatever kind.
pr for the production Of manufactured
anflcs from WOOD, stone metals. or
'iner materials, and may operate, lease
sell, or otherwise dispose of the same.
ana may on its own lands. survey and
aN ont lots. squares. or other divisions
u such lands. and improve the same
~ buildings or otherwise for sale. lease
if other disposition OF use. and may
ay ont town or towns or town sites.
ma may divide the same into blocks.
OTIS. or squares. and may lay out ana
onstruct streets through the same and
nay establish such lawful rules and !
equations fer the use of said lots |
squares and town sites as the board 81 /
directors Of said company may deem /
icst 90 secure the comfort and welfare I
)f the occupants or tenants OF such |
ands and lots, or others interested iu any
or works there established;
iud the said company may. iu cOnncc-
ion with the use or Improvement OF any
81 its roperties. make. build. and oper-
Ne any aqueduct pipeline tramways
pr railways. operated hy horse or steam
'oWcr or hy electricity or other motive
over. and said company may construct
lghways. roade. and streets through any
ands owned 10y the company which the
oard OF directors may deem II cxpe-
lent 10 build construct. or operate. and
aid company may acquire any lands
property. rights. or rights-of-way for
he purpose of making and building any
UGH aqueduct pipeline. or railway or
ANYWAY. and may acquire by contract ,
ny land or } ouerty right. or rights-of-
ay which may Doc needed for the pur-
ose Of constructing any such railway. ,
lehway. road. or street
And the said company may establish
nd operate water-works. gas-works ,
ectric light plants. electric power plants.
nd electric plants for any purpose. and
. machinery. structures appliances. ana
Ntures necessary for the purpose OF sup
lyins water. watcr-power. motivc-pOwcr.
as. or electric sights and other con-
enienccs 70 mines. or 10 factories. or 10
'rsons and corporations residing or do
g business in or near any town which
AID company may lay out in or near 1
uy town in which such rights may Be / >
cqulrgd. and may quarry and cut stone. G
lake brick. cut and saw timber. dig v
and and clay. and Use and sell the q
roluct OF any such work and may do
ny act necessary for the successful
rOsecution OF any OF the above bust
orqa-