The times. [volume] (Richmond, Va.) 1890-1903, 1897-01-02
GEN. LEES RESIGNATION.
He Has Long Desired to Surrender The
RESPONSIBILITIES Of President.
YOUNG GMANWANTEDASHIS SUCCESSOR
The Cause for the Buena vista Lana 'oih-
pany Going Into the Hands OF "A Re
ceiver-Old Passenger Rates 10
Re Restored on valley Road

,rbo announcement OF the realb"at'''' -
ce,e-al e. ". c. Lee as pres'~e"'
,t.ast,reton and Lee University e@us1u
-.,,,,ris. here. as 1t has been KNOW" /
- - mast that on account Oh "''
- had health he has wanteu ~
o..-' e-or, the duties OF that nosll'o"'
~, the Board Of Trustees hN'o
aooi,nad 20 accept his reslg ii4.lo ,o,'s-
c.yeral is not Al Invalid nor - ~ to IA J
Is III, but his hea41h - % line and. as /
tonf Indoors most Of lAe uin', ,,tios az
r. cor,d not give his many uut, ~ /
n~esiaent the personal atlen.'J, ~, insisted
rrouit ike TO have given thc."' - ,,,r,sidaut
ON retiring. His appoiuluIi''nI1 1nolitlon he |
o,-erttus Tor life. IA Whign boith will
eliiiT' ii1 80. ain tho time his heailh ~
,'errnif 10 the affairs OF the S,nehf ~
iviii Give the University tho 80 u, col- /
lis wisdom Snd wide experience 80
lese iii reside here presumably. III n,S . /
nToseut home, on the JhNea S'sS ssS,,,sGses
Sus A. ~ who the Boatu ~ ot - Ist
~ -, rs.tcnation takes euect. lhelo
Is no indication. The CniveIsity R', ~. F,.rouii
Sfsucseing every possible mum VIZ ~ -,si-
-, iii likely 10 be elected 10 tll9 49,
~ ~ a. t-,oup the names discussed ufl'
80 many mon of distinguished pion
.srce rom pulpit bench. bar, ai.Q euIIl
cariouaI walks OF ite VINO lain Ci@ r}nt
T-ri,-ersitv as their alma natcl. -.
,bcra seems 10 be feeiins amons ln'
tners sy'',i''--S.,ssive sy'i'-S men TO cast aside per-
scral preferences, ana favor tle upi,b \
of some man young IN yetiS. w. nd
rational reputation us busl".o ~
1,'iiego man who would bring 10 the Oni1
versiiv all Of the more modern approHe1,,,,
,trlvarsifv methods OF TINS anu bulop''~'
universities.
THE VALLEY SCHEDULE.
II officially announced by the DassennR7ffr
ecpfl 1871 ,bot on and after this date all
rtsseneer rates between this point anu
The North. East Northwest. anu os1t,th
west. IN force prior 70 NoNeino0l 49,, .,,'.
v.hen the Southern railway took cnnir'
Of tho line from HarrisonburS 70 9uaa
hung Tuncrl0n-then paft or thr ul,f
| branch OF the Baltimore ana ONO -
road--will bee put In force "is W." ,,o" Le-
possible hy a prO-raunB or tne It-.' r,,d
| tween the Southern and Baltimore anu
| Ohio. and Will Do great conNeilol,o AZ
the travelling pubic VINO ii-f' -.
prived OF through rates ana conhec''o's
at is announced I'm railroad circles that
| within "a few days u is po7sinie llt
| some Kind of through rate arr si"ene sl
| will Doe made between fne TWO loalr i"t
| through and local freight. and tnat
| little later on there ls prospect thal
! tho Baltimore and ONO railroad VIII se-
| cure trackage over the toiI IY-ti-nl il',,' tf
| of line from Strashurg Junction eng IitF-
! risonburg. and that through butlInoie
| and Ohio trains will run from W ashli, p
| TON and Baltimore 20 this point as una-r
| the old schedule OF opeidlon OF Nai"'
'oi HsIy,Ef'Nk VISTA RECEIvERsHlP
TFr nrc.q Visit Company the pafrh
/ company Of an the industrial develop
| mont at Ruona Vista in this county mas
| zone i'm tho hands Of receiver, WIN
/ 4. T. Barclay as receiver Mr. bifciay
! has been president of the company sln,s
/ its 0reanization.-anl Is conFei~ahi WIN
! every detail of the company dutli-
! This WAS brought about hy action ot the
| directors and was due 90 tho fact thlt
| Tie company could not raise funds 10
/ rav frs running expenses. aud a- rec
/ eult there were "a number or JND D-in'i. 'a
/ AGAINST Do that covered 800 or ms property,
/ and as the company bad no other means
90 raise money hut lr selling amos
I these uiemanff prevented ii from rtI-
| ting money through that cn1nno. ana tAe
/ rorrivCrrhin was necessary.
/ Technically speaking. the Germany l-
/ in4Clvcnt but its assets no iair Nall-
when its debts are paid and its coi-
/ fecti0us made there VIII he q surplus
20 nay ont % the afor kholders. OF Us
indebtedness. there is tION cue s. J..
Jorlan's heirs on 1 vendor lien iof lAI-
chase money of tro property oN W....
the town is located. moflelea dent
OF $500 and Judgment Hens % tle
amount of $1,000. noains ocot oi
Its income is based on debts due on
lots 10 the amount Of HsO4l, 5nd y
.'.. rIr. tr..-rn1 acres DI mineral
ana farnfro lands. the Hotel Bueal
Vi.-, r-u r..I Iv tho Female f0l-
| Ie-. thas cost about $4,000. with a
farra number OF valuable lots soat-
for.I an 0.cr the town.
r,Iar. arc other small assets. such as
! ro,nIffes on thr minerals ID Cills
| ANA other things.
| rrrf4 0rrrir..rv was chartered Iv thc
r.-.,.iafare in Ny. lss-. and organized
! fr Fe.rt..rv f..t after which there was
r.',[,f ..j .r.res of ef0.k al a par
YIN. of 5fOl and Sold at ffty cents
| cr t,. doIl.r every two shares of
| -.t- ...,,..,-., ,ro ir+ with IT, The
,l,..r',,,,. frr,, ,,, irdrstrill stando0lnt.
has fee1 ir iarc. degree fl success.
nag p,," iH ,-'r. ,,-,.,, I,r,a
-lt He' 't...l 80 ,-,',.i[,. tIol-
"iu -i'l'i .i.+-'.'' 't .ii'.s .'..
a-l.a "- .-'..'-' - f.. ,..rs 400
.l'i,--, ~ -, t,,,,,.l bar, ard
there W.s oniy a iar,n-iio.5e ".,o am
li,.'. -Io, on '" ,...-E ..io.d
/ i' Keep li4-h -'l"s -"l '-''' '
year. - .......-,,...
9l-AI-' ii--Ai-'
| Charles il. Cummings 10 Miss 81. 3.
! Haysltft james a. Norris 90 -ls7 Mary
j.. Dale. December Zth. Samuel q. Iol-
| I.v ro Miss H.Decca J station. DDcem-
| Iar eth Thomas IT, Wills t0 1li.- AaG-
| cfe AIcNamara. William Pulse TO Miss
| I...-'. ..I.. lluldeu. all ol tae county.
! Deaths In tile county the past week
Mn. -r.l. ll.sou. of Tie Timber fl4ge
! --rfior widow ~ the Rate James =.
! .r....' XII. .r..ft. I..r .g...rI-.u DF