The times. [volume] (Richmond, Va.) 1890-1903, 1897-02-27
NORTH CAROLINA NEWS.
REJOTCING OfLn THn PdSSAGE OF
THE AMENDED LEASE BILL.
Everybody Glad Except Russell - The
school Bilis Are the Matter Next In
DEMONSTRATING o Close

RALEIGH. n. c.. Fob. ?G.-Special.-
The vote In the Senate on Senator Grants
substitute for the House substitute for
the Original oil. passeo me senate Dy a
vote OF % TO q in favor Of the lease OF
the North Carolina railroad 10 the South
crn. which has been pending In the Sen
ate for two weeks. THIS practically kills
the opposition 10 the lease. The only dit-
ference In Grants substitute TO the origi-
nal f. that ii reduces the term OF Yeas
from ninety-ninc 10 thirty. making u
thirty-six years. including the uneXpired
term.
Thcro IS great rejoicing among the
friends OF the lease. not only In Raleigh
but all over The state.
THE BILL.
The following is that part OF the plii
relating to the North Carolina railroad
the first part being In reference 10 ior-
eign corporations.
sec 4. the North Carolina Railroad
Company Is hereby authorized ana en-
powered to lease It's property ana iIan-
chises to any railroad company cohuuct-
ing within H. directly or Indirectly, and
10 make. execute and deliver any ledSc
or conveyance necessary 10 carry lnlo 81,
feet the powers above granted d! anu l
with the consent OF majority vi 10
stockholders IN general or special meeting
assembled. PROVIDED that the term Vi
said lease shall not be greater than thit'y-
six years 49,,
The lease executed by the North Caro-
lima railroad TO the Southern railway III
1895 Is hereby validated. confirmed ana
apvroyed. subject TO the limitation OF time
mentioned above. But this shall not take
effect until and unicss the southern ran
way Company. shall on or before me Isl
day Of April next make, execute anu ue
liver to the North Carolina railroad CON-
pany by appropriate instrument us as
sent TO "A remission or modification OF inc
lease executed in 1888, whereby the uui"-
ton OF such lease. from the date Oh Its
execution shall be reduced from lhe tcIhn
of nineiy-nine years 10 time OF thlrty-
six. -. ....,,,
Upon failure by the southern 10 assem-
10 such modification on or before Apill
LIST IL shall be the duty OF the pON.inol'
By and with the assistance OF lhe At.oi
noy- General. and such ddditlonal couhsci'
IL any as the Governor shall deem hcceS-
sarv TO cause to be Instituted an acuon
for the purpose Of having declared nul,
and void the contract OF ieast tNcSut-u
in 1895. and the Governor shaH pe en-
powered TO pay 10 such counsel such is s.i
sonable compensation as he may duJuuse
proper. 49, ,.o,,,
and after its ratification.
RUSSELL KICKS.
Russell saws I'm regard to Grants bill
that II gives the North Carolina ram oau
10 the Southern railroad on us own
terms and puts them In a more pIo,lsao
bic position than before the LesiSldtuIc
met: that II Is an attempt 10 iesail@c
the larceny Of the people property.
The most important questions aSlial'u
during the last campaign were the NOi.'
Carolina railroad lease and the appfopIld-
fions 10 the University. and other Statc
aid 10 higher education, so the DIS Iooh-
ing to these two subjects nave pcNH
watched with great interest. N0ith 'dio-
lima is a progressive. State. and her peo1
pie manifest deep Interest IN her sch"o'
bills. , oe,
The LEGISLATURE Is drawing towards lls
close and sessions are held day ana nlshl.
The death Of Rev. DR.. j. +. Leftwich,
which occurred I'm Atlanta yesterday. was
heard here with regret. His only sister,
Mrs. McPheeters. has lived here Tor many
years. D.,,.,,o priot-
or will be settled.
The appointment of W. w. Clarke. of
New Berne. as the successor OF the ldle
Judge Seymour is announced. Judge
Clarke is only forty-twO years old.
MEETING OF THE BAR.
There was a meeting of the bar mere
Yesterday and resolutions of respect 10
the memory of Judge Seymour were
passed. -,
large portrait of the late Senator Vance
painted by Mr.. Query. OF Atlanta, lhc
State is asked to purchase the portrait.
The fund for the Vance memorial is very
small and all enthusiasm seems 10 nave
died out in regard 10 III. ~, $50
After tomorrow no more bills or reso-
Iutions will be introduced in the Legisla-
ture. This resolution was passed several
days ago There Is an ocean OF Dilis on
the calendar now, even more imam Gan
really be voted on.