The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-05

town which said company may lay out
in or near any town I'm which such rights
may be acquired: and may quarry and
cut stone, make brick. cut and saw tim
Der, dig sand and clay and use ana sell
the product OF any such work ana may
do. any act necessary for the successful
prosecution OF any OF the above busi-
nesses.
M w. REORGANIZATION.
on January Is. 1896. Governor OFFER
rail- approved the act authorizing the
purchasers of the railroads and property
of the Norfolk and Western Railroad
Company. sold by foreclosure OF deed
of trust or mortgage thereon, TO become
and be a corporation. 10 adopt a name
therefor, and to possess and exercise gen
eral and other powers. This act Is fran
ed after the one which was passed by
the General Assembly two years ago, and
which created the Southern Railway
Company by a reorganization OF the
Richmond and Danyille and correcting
railroad systems.
On January %, 1896. an act was APP
proved by the Chief Executive in rela-
ton to the New York. Philadelphia and
Norfolk Railroad Company, which grants
that company the entering OF the city
of Portsmouth under certain conditions.
vi lofys ~ IL" wa ''ief~'N>s
ratifying, confirming. and enlarging the
charter of the Norfolk Wharf, Ware
house and Terminal Company confer
ring upon it the rights ara obligations OF
a railway and transportation company.
and changing the name thereof TO the
Norfolk Terminal and Transportation
Company. This act IL OF great impor-
lance to the Chesapeake and Ohio Rail
way Company, for 1t gives that big rail-
road system terminal facilities in the city
Of Norfolk thereby bringing II I'm tie
most direct competition with the Norfolk
and Western railroad system.
OTHER MEASURES.
on February H. 1896 the Governor APP
proved an act to permit any railroad or
transportation company, which is or
shall be authorized 10 use or lease any
line OF any other railroad or transporta-
ton company or with which It shall have
lawfully established connection, to ac-
quire and hold real estate upon and near
any such line or at or near any terminus,
not exceeding any limitation previously
prescribed by the commissioner Of rail-
roads. TO whom notice shall be given OF
any proceeding TO acquire any such lands.
on the same day a law was approved
which grants tho Chesapeake aud Ohio
Railway Company the right 10 construct
the necessary steel viaducts on its mall
line, as well as the James River Division,
to make the contemplated improvements,
involving the construction OF new pas
senger and freight depots in the city OF
Richmond. which will necessitate an ex-
penditure OF about two million dollars.
on February 18th a law was approved,
authorizing the management of the Win
chester and Potomac Railroad Company
TO borrow a sufficient sum of money 10
secure the amount Of s1472j0 first mort
gage bonds. held by the Baltimore ana
Ohio Railroad Company at the time OF
their falling due, on July l, 1897.
on March 4th an act was approved
which gives the purchasers Of the South
Atlantic and Ohio Railroad Company the
privilege TO reorglnize that concern. The
sale has been ordered by decree OF the
courts, as the outcome or two suits. in
which the American Loan and Trust
Company and the Central Trust Com
pany. OF New York, as holders OF mort
cages. are tho complainants. and the rail-
road company the defendant.
An effort was made 10 secure some gen
eral legislation, i'm order to compel rail-
road companies TO fence In their tracks.
or al least to make them liable for all
cattle Killed or MANNED by trains A bill
TO that effect was introduced In the
House by Mr.. Saunders OF Franklin. and
it was passed by that body. but, like
number OF other rueritorious bills. found
its death I'm the Senate. A number OF
local bills. containing similar provisions
Tor single counties. also passed the House,
but met with a similar fate in the upper
branch.