Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1898-12-04
FOR LIGHT AND POWER
LARGE CORPORATION BEING FORM
ED TO DEVELOP JAMES RIVER.
CONSTRUCTION COMPANY CHARTERED.
II is Auxiliary to the Larger orGani-
zatfOn, and VIII Undertake the
Has Been Over Subscribed.

Judge Minor, in the Law and Equity
Court. yesterday, granted charter to
construction company, formed for the
purpose Of erecting a plant in this city
to be used for the development OF the
water power Of James river
The power 80 developed Will be used IN
the generation of electricity to supply
light and power for private and for
manufacturing purposes.
The names connected with this auxiliary
charter indicate that the larger cor
poration will be composed of prominent
capitalists of Richmond and Baltimore.
No secret is made Of the fact that 1t
be capitalized something like a,W1VOO'
and the subscription to the stock has
been so large that only about 60 per cent.
of the stock applied for has been allotted.
Application for a charter for the power
company will be made tomorrow or
Tuesday.
THE CONSTRUCTION COMPANY's
PETITION.
The petition fled by the representatives
Of the construction company, which was
granted Yesterday morning, is as follows:
To the Hon. f. C. Minor, Judge OF the
Law and Equity Court of the City OF
Richmond, Va:
The undersigned persons, who desire
IN form a Joint stock company under
the name and for the purposes hereafter
set forth. do hereby make, sign, and ac-
Knowledge the following certificate in
writing:
/ The name Of the company shall be
the James River Construction Company.
The purposes for which this COM
many is formed are to construct buildings
and other works for individuals or cor
porations which may be engaged N
mining or manufacturing OF any hnd,
including, specially, steam and hydraulic
plants for generating electricity, and IN
doing all the work which may be neces-
sary or proper TO make such construc-
ton effective.
THE said company may take and hold
the stocks bonds, and securities Of other
companies and corporations. and receipt
the same in payment of subscriptions 70
it's capital stock and in payment OF debts
due it. whether by written contract or
open account.
THE CAPITAL STOCK.
2 The capital stock Of the company Is
IN he not less than 5000 nor more than
500 600. TO be divided into shares or $lUO
each. which shall be subscribed ana pa'd
for i'm such manner and at such times as
the Board of Directors may determine.
A. The company may take by purchase
Gift. or demise own, hold. use, ana I'M
prove rent. cucumber, sell, or otherwise
dispose of such real estate as may be
necessary for. OF incident to, said busi-
ness. not to exceed 1000 acres In the state
of Virginia.
The principal office of the company
shall be at Richmond.
g. The chief business to be transacted
is set forth in section @
T The officers, who for the hrst year
are TO manage the affairs of the COM
many. or until their successors have quail
fidl shall be as follows: President,
n. Lancaster Wiliams Nice-President,
+ c. Todd. OF Baltimore. Nd; Secretary
and Treasurer, a. w. Weddell, Richmond
Directors-R. Lancaster Williams. +. c.
Todd. ]. w. Middendorf, John H. VIII
liams. and John SHELTON Williams.
The application for the charter is signed
bv II. c. Todd, r. l.. Williams, L. Ran
dolph williams. Carl IL. Noting, and
Charles H. UOlladay.