The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1896-05-05
Can Be Found Whereby a Substitution Of
Stock In The Norfolk and Western
CAN Be MADE FOR THE CITY's SHARE.
Memorial To the Newly
Organized Norfolk ana Western
CompnnS-She Desires To Pre-
serve Her Identity With the Com.
pnny and Continue Friendly.

road Company at their annual meeting
10 be held at Roanoke next Wednesday,:
Petersburg, Va, May 4. 1886.
!. k!mbail. President N. & w. r. r.
Dear Sir: AT meeting of the Common
Council of the city of Petersburg, held
on the lst inst, the undersigned were
appointed committee to memorialiZe
you as president of the n. G w. r. r.
and through you the proper authorities
composing the Reorganization Commit
tee OF the company on behalf of this
city, the owner OF 1000 shares of the
common stock, to ask that some equita-
ble consideration be extended to it, As
you are aware, the city was originally
n subscriber to the shares of the South
sloe railroad Company, an integral part
Oh the present system, and Is proba bly,
now the only remaining original con-
tributor and its property rights have
always been respected by the changes
that have taken place through consoli-
dation and reorganization. She has
never derived any profit from Its owner
snip, and her only interest has been
centred by the roads success and the
broader advantages that she might reach
from that source. She has always
felt closely identified with the system
and has jealously watched the course of
legislation as affecting its interest west
of Southside, Virginia for a long time
She was directly represented by one of
her own citizens upon it's Board of Di-
rectors. She has always been liberal
in her dealings with It, and whatever
privileges ii has asked at her hands as
municipality have always been cheer
fully given. She has felt a pressure on
her just ownership, and. although of
no pecuniary profit to her, she has con-
ceived that her small voting power was
friendly factor In its manaEement
Under the plan of reorganization she
reels that she is powerless to do any
thing except to throw herself upon tho
generous action of the authorities that
VIII govern that reorganization. Her
financial condition forbids the payment
OF an assessment on the stock amount
ing TO 800 and even were she nos
sessed OF plethoric treasury the policy
OF such payment would be question: BILE
long time will proba bly, elapse, even
with u great vevival OF business. n
settlement of values and great in
crease OF population before any re-
turn can be expected to be obtained of
Its common stock
Sne mas sought no counsel nor has she
made any investigation as to whether
she possesses any legal rights thai NAV
be asserted and enforced She nov,
simply appeals to the generosity and
hlsh sense of justice of the proper au-
thorities III the large issue of common
stock contemplated to be Issued II does
seem 10 this committee that some lust
ana legal way can be found whereby
substitution of stock in the new cor
po!ation can be made for the stock now
heid by the city. She desires TO preserve
her Identity with the company TO be I'm
friendly alliance with It, to be mutually
an aid one TO the other. We again
assert that she has always been liberal
friendly and fair has never thrown any
obstruction or impediments in its way.
although there have been times when the
city's action might have embarrassed
It in very great degree. She has
ever considered the best interests of the
company to be her interests and she
prays that this feeling of reciprocity
may ever continue. We respectfully
ask YOU 10 give this communicate ton
your best consideration and to place II
in the hands of the authorities. that
will have power In the premises. ask
Ing you as u friend of this city TO give
It such favorable endorsement as 1t de-
serves. With sentiment of the highest
regard we are. your obidient servants,
s. w. VENtA Bile,
JANfl1S NJ. QUICKE
Committee.
A. Il. Cook, owner of the Wakefield farm
in Chesterfield county. about two miles
from Petersburg, has two large Govern
mcnt contracts One Is for furnishing
granite from the quarries on his farm
for raising the Potomac river dam at
Great Falls. Nd. and the ither Is for
granite for the improvement of the forti-
fications at Fort Washington, Md The
first contract calls for 2.700 tons OF gran
ite. Both contracts amount in the neigh
borhood of S25.600. Mr. Cook has 100 men
at work at his quarrles getting out the
granite. the first shipment of which will
be made in few days. This granite
will be sent from here by schooner to
Georgetown. d. C. and transported by
the Chesapeake and Ohio Canal TO Great
Falls. 1t will be brought to Petersburg
from Mr.. Cooks quarries i'm wagons The
mud machine has been at work for some
days digging the harbor so that schoon-
ers OF difficult draught can come here
to load with this granite. The first ship
ment will be made by schooner ]. b. An
lerson, Capt. Bohanon.
y movement IS on foot to complete the
second Baptist Church at once. with
hopes OF dedicating it next fall Rev. A.
j. Frestoe is the pastor. 1t was intended
TO have babtising at this church last
night but the immersion had to be post
poned on recount of the electric lights
being eXtinguished just about the time
the baptising was to take place.
The executive committee OF the State
Central Hospital will hold it's regular
monthly meeting at that institution on
next Thursday.