Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1896-02-27

4
mentioned. Nst
II. To develop oil and asphalt terrific.
etc. In said sections Ivy
IL. To acquire, erect. and ro,t,...
smelling works, etc, on It's Land.
! also establishments for the manu-. ''
| ing Of fabrics from wood, stone m.,...
| or other material.
| 70. To lay out towns and town s.,.,
| H. To build and operate. I'm corpa,...
with the use and Improvement OF rs ,.
perties. any aqueduct, pipeline. t-.-
/ ways, or railways.
Is. To operate water-works. gas-Re,,.
| electric-light-plants. electrlc-power r',r,.
and electric-plants for any purrsso ,-1
[ supply water. water-power. motlve-p5,..-
gas. or electric-lights 70 mines mo
| factories, or to persons ard corporate.
residing or doing business I'm or r...
any town which said company NAV III.
/ out. or In or near any town I'm which .,...
rights may be acquired.
l6. To quarry and cut stone. MAJ,
brick. cut and saw timber. dig sln3 s-,
clay, and use and sell the produc,s D.,
/ any such work.
Il. To do any act necessary for ,-a
successful prosecution Of any Of N,
above business.
COVER THE WHOLE FIELD
Now, II these powers DO not cover bo
whole field, and embrace the entire d,.
main OF business enterprises, ] am. In.
deed, at loss TO know what 10 ada
Some OF these powers could be prooerl,
| blended I'm the direction OF a single al.
! Ject-the development OF the company,
| properties, but neither the power 70 can.
struct and operate railroads and boat,
and ships anywhere in South America ~
! engage in and conduct a general bapki,y
! business In South America or any o,b..
| state or country, TO act as agent or eu,-.
antor, 10 carry on the mining OF coal
etc, the manufacturing OF metals. a.,
| and the developing Of Oh and asphalt ,.r,
| rltory, etc, anywhere IN South America
or any part Of North America WIFI.
drains into the Pacific ocean, nor operate
water-works, gas-works, electric-llea,.
plants, and supply water. water-powa-.
gas, or eiectric-lights % mines. factor.a.
persons, and corporations I'm or near any
town In which It may acquire the right,
can by any possible cOnstrl..
ton be made auxiliary or n.
cidental 10 the powers neces.ar.
for the development. use. and e~-
! joyment Of the companys proper.
ties; they are entirely distinct AMI .r.
dependent. They bear no relation. either
TO each other and would afford r
five or more separate charters
Are not some OF them at least t,,
broad2 Would the General Assembly
charter company TO build railroads NJ
any description anywhere within VlreIra
or to conduct banking-business ana %.
tablish clearinghouse In all the cag7.
ties and cities in the State?
In other words. would the General
Assembly give a company unlimited 40.
thority 10 build railroads or establish
banking-houses2 1t seems TO me ~ pto-
pound the question is 10 answer 10.
These are my objections 70 the tN.
briefly and heartily stated, though ma.
turely considered.
II has been suggested that. as this c.m-
pany proposes TO 30 business outside
Of Virginia. no harm can result t1 t1-
State by the granting OF the charter
IL seeks. lt Is true that with tho el.
ception Of powers 10 engage I'm bankIr.
which ii can do under the provisions
OF the bin In any State or country %
erect gas and electric-plauts. and wa.
ter-works, which il is authorized o. Il
by the bill, In or near any town Do
which IL may acquire the rights. and Oh
acquire, build. own, and use wharas
piers, and warehouses at or near N.r.
folk and Newport News. all OF tha
operations OF this company Will be- cor.
Quoted. according 10 the provisions =
the bill. beyond. the limits Of Virginia.
but this fact cannot affect the principle
involved.
This company is applying to this stat
for a charter which can only be grant
ga under the Constitution and laws NJ
Virginia, and the Constitution OF tI-
State declares in emphatic terms tht-
mo law shall embrace more than 0l.
obi u f-l. 81.
title," and 10 grant a charter embra7.0-
more than one object, and with 10 ob.
iect expressed in the title. 90 a company
to conduct business outside the state.
would be as plainly in violation " the Or-
ganlc law as If like charter were grant
ed 10 a company to conduct business
within the State; the Constitution draws
no line. makes no distinction between de-
two acts Virginia treats all persons
alike; she does not discriminate in favor
Of those who desire charters FOR use
I'm other countries from whom she derives
no revenue except the small charter-tlX
and against her own citizens, VINO apply
for charters for the development % her
own resources and who not only pay
the charter-tax, but contribute M the
support Of her state Government AMI .u-
creases her taxable values.
While the wise and salutary pr0yis lus
10 which / have repeatedly referred
should never be dlsregarded, but held as
inviolate as any other mandate Of our
organic-law. respectfully submit that e
would be unjust in the extreme 10 h1I
those who apply for a domestic charter
10 a compliance with the requirement NJ
the Constitution. and relieve 1.-THE Paclfc
Company" whose franchises will be eXtr-
cised almost, II not entirely. IN a foreis1
country.
/ feel sure that with It's attention called
10 the defects I'm this bill and its broad
and multifarious powers (Which ] 30.
most respectfully, and. surely. I'm no cap
tlous spirit. the General Assembly wi
agree with me that II Is best az all times
20 conflne ourselves 10 the beaten paths
of legislation, treat all persons seeking
privileges and powers alike. and adhere
strictly 10 the clear and well-dcliuei pro-
visions Of our Constitution.
CHAS. I. O'FERRALL
Crew IF Ship Davis Landed.