The times. [volume] (Richmond, Va.) 1890-1903, 1896-05-05
THE CITY OF PETERSBURG
BIZ THE CITY COUNCIL
no THE ". AND ". X. X.
Large Government Contracts FOR DIN
widdie Granite-The Harbor Being
Dredged-A Child Shot to Death

PETERSBURG. VA. May Especial
The following memorial Will be presented
to the Norfolk and Western Railroad
| Company at lis annual meeting 70 De
held in Roanoke next Wednesday:
| PETERSBURG, VA, May a. lsoo'
T. I KimbalI. President OF the Norfolk
and Western Railroad Company:
Dear sir,-At a meeting of the Common
i Council of the city Of Petersburg, held
on the LIST instant, the undersigned were
appointed a committee to memoriaiize
you. as president of the Norfolk ana
Western railroad. and through you the
proper authorities composing the reor'
ganization committee Of the COMPANY
| on behalf OF the city, the owner OF 3,WO
| shares of the common stock TO ask that
some equitable consideration be eXtehdeu
| 70 her.
As you are aware, she was originally
subscriber 10 the shares of the Southern
Railroad Company, an integral part il
the present system, and IS possibly now
the only remaining original contributor
and her property rights have always peeh
respected in the changes that nave taken
place through consolidation and reorgani-
from its ownership. and her only interest
has been centered on the roads success
ana the indirect advantages that she
might reap from that source. She has
always felt closely identified with the
system, and has jealousy watched the
course Of legislation as affecting Its IN
terest and that OF SOuthside Virginia. For
long time she was directly represented
by one OF her own citizens upon it, board
of directors She mas always been liberal ia
her dealings with ii, and whatever pfivi-
leges it has asked at her hands as
municipality have always been cheerfully
given. She has fot a pride In her part
ownership. and although of no pecuniary
profit to her, she has conceived that her
small voting power was a friendly factor
i'm its management
Under the plan of reorganization, she
feels that she is pOwerless 10 do any
thing. except to throw herself upon the
GENEROUS action Of the authorities that
will govern that reorganization. Her
financial condition forbids the payment
Of an assessment on the stock amounting
10 S37. 500 and even If she were possessed
of a plethoric treasury, the policy or such
an assessment would be questionable. \
long time will possibly elapse, even with
great revival Of business, a settlement OF
values, and great increase OF population,
before any return can be expected TO
be obtained from the common stock.
She has sought no counsel. nor has she
made any investigation as to whether
she possesses any legal rights that may
be- asserted and enforced. She now
simply appeals 10 the generosity and high
sense Of Justice of the proper authorities.
In the large issue of common stock con-
templated TO be issued. it does seem 70
this committee that some just ana legai
way can be found, whereby substitu-
ton of stock in the new corporation
can be made for the stock now held By
this city. She desires 10 preserve her
identity with the company; 10 be in friend
" alliance with il. 10 be mutually an
aid one TO the other. We again assert
that she has always been liberal, friend
Nv. and fair: has never thrown any oD-
structlons or impediment in its way, al
though there have been times when the
csty's ection might have embarrassed
i'm very great degree. She has ever
considered the best interests OF the COM
pany 20 be her interest and she prays
that this feeling of reciprocity may ever
continue
We respectfully ask you 10 give this
communication your best consideration,
and to place II in the hands OF the
authorities that will have power In the
premises asking you. as friend or THIS
city. to give il such favorable endorse
ment as it deserves.
With sentiment Of the highest regards
we are Your obedient servants.
S W. NENABBE.
JAMES NJ. QUlCKE,
Committee.