Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1898-02-01
IT HAS BEEN SIGNED.
DILL CHARTERING AMERICAN DE.
vELoPMENT co. APPROVED.
INSURANCE And TRADING STAMPS.
The Fight Against the wharton and
Murphy Bills Transferred to the
senate-Tenth Circuit VIII Not he
Abolished Meetings.

Company of the United States.
There had been considerable speculation
as TO whether the Governor would approve
the measure, as Il grants TO the corpora
ton powers unusually broad.
1t is empowered Ito purchase. own. sell
tease. rent. buy, hold. and convey at
pleasure any real, personal, or mixed pro-
perty in South America, and more espe-
cially to buy, lease, sell, rent. ope-
rate and generally own and develop any
concession, grant, or franchise of street
railways. bonded warehouses. cattle
packing, cold storing and shipping. rail-
roads, telegraph, and telephone lines, or
any other grant. concession, or fran
chise that the said company may ac-
| quire in any country, republic or de-
pendency in South America; and to es-
tablish, operate, own. perpetuate. and
| generally to work. or cause to be worked
or operated any mines. mills. factories
furnaces, electric plants, or any other in
oustrial or manufacturing enterprise OF
Whatever kind or nature In the republic
OF venezuela. South America. in the
state of Virginia and Venezuela the COM
pany shall have the power to do general
banking business, and for these purposes
the company shall have the authority
to buy hold. sell, lease or otherwise dis
pose of any real or personal property
necessary to the proper prosecution of
its business"
1t is hard to imagine more generous
powers being granted a corporation. but
II IS provided that the amount of real
estate which II can hold I'm Virginia shall
not exceed two acres, and while It is
iurther provided that 1t may build or
lease In connection with the use or i'm.
provement Of any of its properties, tram
ways or railways operated by horse,
steam. or electric power, these powers do
not apply TO Virginia
The corporators are TazeweH Elicit.
Warren =. Taylor, o. +. Bresee. Jr., H.
G. Buchanan, Charles V. Darlington.
Writ Il. Taylor, Clyde w. Saunders, A. H.
Elicit, Jr., and c. III. Fleming, all OF
Richmond. The minimum capital IL
Sl.OOCocO and the maximum $25. 600 900.
Colonel Elicit. the first named of the
corporators, has already obtained from
the Venezuelan Government a concession
for an American company to manufacture
Tor period of years in Venezuela alco-
hol and all alcoholic products, exempt
from taxation of any kind. The copces-
sion granted Mr.. Elicit enables the COM
pany to take into the country everything
needed by them in the manufacture OF
iquOI, Tree OF uuty.
ANTI-INSURANCE BILL.
General Wharton. the patron Of the
anti-insurance trust bill which was or
dered to its engrossment in the House
yesterday was greatly elated last night
over his success thus far. 1t is realized.
however, that a desperate fight will be
made against It i'm the Senate.
The fight against the anti-trading- stamp |
bill will now begin in the Senate. the |
House having passed the measure. The |
bill prohibits the use OF stamps and |
checks such as are employed in Richmond |
and elsewhere but does not apply TO the |
system of giving coupons with purchases |
a sufficient number of the coupons en- |
ttling the holder to a gift. The trading |
stamp people realize they are now in the |
last ditch and will fight to the death.
THE BEET-SUGAR BILLS.
The Senate Committee on Public Insti- |
tutions yesterday afternoon considered |
the bill Incorporating the Virginia Sugar |
Refining Company, and adjourned TO meet |
again Wednesday afternoon. when the |
bill will be again taken up. Messrs. II. r.
Pollard and w. j. Payne appeared be- |
fore the committee in favor 'of the bill. |
Finally, a subcommittee, consisting or |
Messrs. LeCatO. Opie and james. was |
appointed to report as to whether the |
State could furnish the 125 convicts now |
asked for by those proposing TO form the |
company and have enough men TO fultil |
the States contract with the Davis Shoe |
Company, to run the State farm, and TO
complete the work Of enlarging the peni-
tentiary 1t is proposed to undertake. The |
corporators now ask for only l25 con-
victs instead of the 200 desired at first
THE NEW COUNTY.
The bills introduced in the Senate and |
House yesterday. creating the new couh- |
~ of Tyler, excites very general opposi-
ton among the delegates from the coun-
ties proposed to be partitioned. Senator |
Tate. representing Pulaski. Wythe. Bland. |
and Giles, is very decidedly opposed TO
the bill. and will fight 1t TO the death.
Professor George w. Miles, principal OF |
the St Alban's School, Radford Mont
gomery county, is here in the interest Of
the bill, and will appear before the com
mittees of the two houses to urge IA
vorable report.
1t is thought the House Committee on
Propositions and Grievances will report |
favorably the bill requiring saloon-keep-
ers to remove screens and blinds from |
their windows. The committee considered |
the bill yesterday afternoon, but reached,
no conclusion. 1t is likely that along
WIN Il IdNOIdDie report, the SOHihilAeC
will present an amendment excepting |
saloons run in connection with restau-
rants.
HAS BEEN PIGEONHOLED.
The bill having for its object the in
creasing OF the tax rate TO provide a
special pension fund for needy Confede-
rate veterans has been passed by indefi-
nitely by the House Committee on FL
nance The plan was first suggested by
Mr.. Stubbs of Gloucester. and later he
was one of n subcommittee from the
on Counties, Cities, and Towns,
which framed the bill. The bill increased
the tax cents on the 500, and devoted
51-2 cents of the whole to the above
fund. The action Of the committee was
unanimous.
The House Committee on the Chesa-
neake and it's Tributaries met last night
and considered the bill for the lease of
certain depleted oyster rocks Final ac-
tion was deferred until after an executive
session.
WILL NOT ABOLISH.
THE Senate Committee on Courts yes
terdav reported unfavorably the bill in
troduced by Mr.. Keezell; aboishing the
Tenth Judicial Circuit Mr.. KeezeIl APP
reared before the committee and argued
for the bill of which he Is patron. and. |
delegate Embrey. Of Fredericksburg; ex-
senator w. A. Little, Jr., also OF Frede-
rickshurg. and Mr.. Joseph w. Chinn,
Attorney OF Richmond
county. argued against Ii. They claimed
tbat to abolish the circuit would work a
ereat hardship on the people OF the dis
rto