The times. [volume] (Richmond, Va.) 1890-1903, 1899-12-16
NEW COMPANY
ASKSAMENDMENTS
Petition Stating Changes Desired Pre-
scented 10 Council.
THE QUESTION OF TAXATION.
New Suggestions are Made and Other
Wording H. Asked TO Bo Substi-
tutcl ia Some InstanCcs-Ihc
New Parties in the Fight.

The Council Of Richmond have been
addressed by Messrs II. l. Valentine, j.
d. Patton. ID. \. Ainslie. James II. Doo.ey'
: IS. Travers, T.. b. Addison, l.. Il. Nor
rs and James -. Crump, who have as
ISOLATED themselves with Messrs. r. sit
terd.ng. = W. wilson and A. A-Watson'
and compose the Richmond Passenger
and Power Company The commin1-
cation asks that number OF amendments
be- made 20 ordinance now under CON
s.deraton.
The new company suggest the following
amendment IN reference TO the power OF
the city iu the premises, TO show "hdt
they deem useless sections.
POWER OF THE CITY.
That the said company shall keep all
IS tracks ON tile aforesaid line in proper
repair. and. whenever in the opinion Of the
Committee on Streets any portion Of the
tracks of the said company shall need
repairlugOr renewing. the said committee
shall forthwith notify said company OF
such fact and shall likewise furnish
said company with a statement. showing
the extent and character n such needed
rcuairs or renewals. and DO shall become
the duty OF such company 90 repair such
portion or portions of its road and renew
the materials thereof. Should said COM
pauy fail or refuse 20 make such repairs
or renewals. 90 shall De fined not less than
twenty nor more than one hundred doi-
lars, and each days failure or refusal
10 make such repairs shall constitute a
separate offence"
IN REFERENCE TO TAXATION.
In the matter of taxation the following
amendment Is asked for:
Three and one-hah % IN per centum
Hs.I. fr..r mi
senecr traffic of The said company until
its gross earnings shall reach 100000.
then also an amount equal 20 41-2 per
cenum upon AN such earnings I'm excess
oi that amount MP 20 $4,000. then an
amount equal TO per ccntum upon all
such earnings iu excess OF The last-named
amount up 10 5000. then an amount
equal 20 per centum upon an such
earnings IN excess of the laSt-namcd
amount up to $4,000 and then also a
sum equal 10 Z IL per cen.um upon an
such earnings IN excess of that amount
of $4,000"
This percentage on gross receipts is in
addition 10 the general taxation az the
rate assessed ON the property of other
persons within the city,
The circular goes ou TO say.
Tho Richmond Railway and Electric
Company has for years been going into
debit We desire TO take h0ld or these
properties and make them render good
service To- the city. We are willing % dJ
500 n we can obtain fair and reasonable
ordinance. The Richmond Railway and
Electric Company has not rendered decent
service. and has only paid per cent
upon IT'S gross earnings We are willing.
10 given a. fair opportunity. % give first
Z .... /. % 90 IaT
gross earnings and tire usual tax OF s. A.
upon our property. Those two taxes Will
amount 90 q sum over per cent. upon
our gross earnings We submit thdc
chat wiu bc sufficient increase AT this
time. when we are starting out 10 rebuild
ID dHapidatcd system OF roads. BY the
plan OF taxation which We suggest we
win pay larger tax when AN increase
of the earnings viii Justify Co.
We further ask that al of section az
/ .er the word "Waived.' iu line 20. page
Dc. De stricken ouL and that the following
/ Dee inserted in lien thereof:
MAY OFFER FOR SALE
"Hut 10 is further understood and agreed
/ that six months preceding the expiration
I OF said franchise. the city Council viii
{ unless the city shall determine 90 operate
street railways along the said lines. Of
fer for sale the right or privilege OF
operating a street railway along the said
lines, and az Tie same time specify the
terms and conditions of the proposed new
franchise III the present company shall
make the most satisfactory offer 10 the
/ city Tor said new franchise. then upon
lbs making satisfactory arrangements
with said city for the fudlment Of the
/ terms ana conditions Of the proposed new
. rtI. d. ma
tinue 10 operate a street railway along
said lines upon and under the terms and
conditions of the said new franchise. II
some other person or company shall be-
accepted by the city Council as the most
satisfactory bidder. then said bidder shall
pay 20 the said Richmond Passenger and
Power Company. its successor or ass
signs. the value Of its plant OF system.
exclusive Of the franchise right or priyi-
lcge. II the city should determine Oh
operate "a street railway along said lines
and 30 should not agree with the Rich
mond Power and Passenger Company
upon terms Of purchase ot said property
and cars or if the city should sell said
right or privilege 10 some other person or
company. and such other person or COM
pany could not agree upon the value OF
said property and cars then in either
case the valuation shall be made I'm the
mode prescribed I'm subsection II. Of Sec
ton @ except that the umpire hall be
selected by the Judge Of the Hastings
Court"
WILL CONSIDER IT MONDAY.
Several members OF the city Council
were seen I'm reference 10 the matter
last night. but they declined 10 say
anything. giving as the reason that they
had not sufficiently considered the
petition. The Council will probably dis
cuss the matter thoroughly at the meeting
on Monday night