Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-10-03
THE MONEY WAS PAID
ELECTRICAL co. ASSUMES CONTROL
OF THE WATER POWER.
ANOTHER new ENTERPRISE STARTED
plan. for the Union Depot =" DC
ComuIete I'm Three Wccks-it VIII
he built on similar Lines W
Grant station ut Philadelphia.

The cash consideration in the transac-
ton between the Virginia Electrical Ran
way and Development Company and the
Chesapeake and Ohio Railway Company
bv which the former secures all the
water-power in James river owned by the
latter. was paid at noon yesterday Inc
amount involved In the transfer Of these
very considerable rights is 100000, OF
which 100000 was paid in cash.
BY this deal, OF which the Dispatch told
last Saturday, the Virginia Electrical
Railway and Development Company as
sumes control of the water-power Of tho
river from Belle Isle to Tidewater, TO-
eether with thirty-three acres OF lana on
the Manchester side. The total hoISe-
power is estimated at 400.
The transfer will not embarrass those
concerns now using the river frontage on
the Manchester side but will greatly tehu
ia the development Of manufacturing en-
,erprlses on both sides Of the river
A NEW ENTERPRISE.
The promise Of cheap power has open
ed the way for negotiations between Slf'
II. I, Peter. Of this city, and some Ne"
York capitalists, who propose 10 Duild
larre white lead and paint-factory mere.
The details have not been settled Deyoh'
tbe fact that the capacity will be large,
and many hands Will be employed. 1t
viii be the first factory Of the kind IN
this city. and the enterprise will have
large field. ..,l.,,
PLANS FOR THE UNION DEPOT
The plans for the new Union Depot,
drawn nv Wilson Brothers & Co., Of Phll7
adelphia. will hardly be ready for three
weeks. Mr.. Scarborough, Of the Chesa-
neake and Ohio. and Colonel Talcott, OF
tbe Richmond, Petersburg and carolina
will 20 to Philadelphia at the end or TINS
week TO consult with the architects as 70
the changes which 1t is thought advisable
to make.
While nothing will be made public con-
corning the details Of the plans, 1t can be
stated that the proposed new depot VIII
be arranged very much after the style OF
the Union Depot at Philadelphia.
AIessrs. Wilson Brothers * CO. are the
architects of the Pennsylvania railroad,
and the great depot at Philadelphia was
built from their drawings.
The officers of both roads interested In
the Richmond depot are enthusiastic over
tI,e MANS submitted by the firm. 1t will
every reason to be proud Of, said MI.
Decatur Axteu. second vice-president Of
the Chesapeake and Ohio, yesterday. Ut
will be absolutely modern throughout
and we are delighted with the plans.
There are some alterations that we have
suggested. and we do not want the plans
made public until these are carried out
and we can show the building just as 1t
will appear"
OF STONE AND TERRA GOTTA.
Stone and terra Gotta will be the mate
rails used in the construction oil the s'a
ton. it IS said.
The work is to be pushed forward as
fast as possible by both companies, ana
no time will now be last In making the
Iong-promised depot an actually.
Colonel Talcott said yesterday that SIX
architects had entered the competition.
Some of the plans submitted were very
far from suitable The award had been
held back for Wilson Brothers TO COM
pete, because both companies wished 10
have plans from this firm. although they
were a little slow in getting them pre-
pared. No Richmond architect entered
the competition.
PULLMANS FOR THE SEABOARD.
II is rumored here that contract mas
been LET by the Seaboard AIRLINE syndi-
cate for four solid Pullman trains TO run
between New York and Jacksonville. but
the report is not confirmed. Colonel Tai
colt said yesterday he knew nothing OF
such contract, and was not aware that
such step was being considered. Presi-
dent Williams is still out Of town, and
Mr.. St John, I'm whose immediate direc-
ton these matters are placed, was not in
Richmond yesterday.