Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-12-05
WILL NOT ACCEPT IT,
Eight Members Of the Boyd-Nev-
ton Syndicate Withdraw,
OTHERS WHO WILL COME IN.
Material Changes in the Street. Car Sit
uatiOn Within Last Few Days.
THE COUNCIL REPEALs A RULE,


AlIHOuEn the street-rdllWdN oIulHdntc
framed by the Street Committee was not
considered by tho Common Council last
night. the proposed franchise was the
most interesting topic at the regular
monthly meeting
There was a very lively debate over a
resolution providing for the repeal of the
rule adopted in 1897. which requires all
franchises TO Ito upon the table Of the
Council Tor thirty days before they are
considered In spite OF vigorous opera
ton. the rule was abrogated by a narrow
majority but no date was fixed for the
consideration of the ordinance.
The Council can be called by the presi-
dent on request Of three members of the
body; or, IL the president refuse, by three
members over his head. Mr.. Caskie led
the opposition to the repeal of the rule
last night, and after the meeting he said
that he might refuse to call the Council,
IL requested.
CHANGE IN THE SITUATION.
A very material change has come over
the street-railway situation within the
Iaak lblAy -SASlAk ADAAS. 4 ne OtAH ADlA NNi -
porators Of the Richmond Passenger and
Power Company, with the exception OF
Messrs. Wilson and Williams. the New
York brokers, and Mr.. Fritz Sitterding.
OF this city, have declined to accept the
franchise framed by the Committee On
Streets. and have withdrawn from the
syndicate. They have done this because
they believe that the taxes TO be imposed
and the other burdens placed by the
ordinance leave no margin Of profit
or prospect Of the successful operation OF
the road.
Eight other Richmond men, however,
have asked for time III which to formulate
a petition, that their names may be sub
stituted for those who have withdrawn
FROM Ito syndicate
Mr. Henry Lee Valentine, Major James
ID. Patton, Mr.. David Ainslie, Mr. John
+. Branch, president of the Merchants
National Bank. and Mr. T.. A. Catlin,
president Of the Security Bank, are
amongst tho prospective corporators. The
full list is withheld from publication I'M
Ill tho plans are matured.
The recognized syndicate stands ready
and willing to accept the ordinance now
pending before the Council, and there is
no doubt that the measure will be passed
next month by both branches and at once
accepted.
WILL SEE IT THROUGH.
Mr. Sitterdng. the only remaining Rich
mond member OF the original syndicate,
said last night that while he was doubt
full whether he would reap any great
profit from the enterprise at first, he was
certain that IL would ultimately be sue
cessful. 1T isn't the first time" he said
chat [ have made an investment and
waited for It to turn up trumps. l have
spent good deal of money in having
surveys made and much time on this
street-railWay business, and l don't IN
tend to lei Il get away from me alto
gethsr. l wouldn't back out OF the syn
dictate and let the franchise go 10 outside
partiss. The gentlemen who will be as
ISOLATED with me are all prominent finan-
clal men with great resources, and we
are going 70 give Richmond a first-class
road.
THE books Of the Richmond Railway
and Electric Company are here for any
one to examine. and everything is as fair
and above board as II can be-
THE SESSION IN DETAIL.
The session OF the Council was very
long one. lasting from o'clock until 80,
and much routine business was trans
acted.
Those present ar the meeting were
Messrs. Blanks, Bloomberg, Camp, Curtis,
Ebel. CARRIER. Gibson. Grimes, Gunst, Har-
relson. Hobson, Mccarthy, Mills, Miner,
Neale. Peters, Pollock Shea, Tanner,
Teefey, Wallerstein, West, Whalen, VIII
liams, Winston, Woody, and Caskie
president.
A number Of resolutions passed by the
Committee on Streets and recommending
various improvements in streets and al
leys were adopted
The ordinance authorizing the Rich
mond. Petersburg and Carolina Railroad
Company 10 construct temporary wood
en- structure was adopted. The PERIOD
for which this privilege is granted is four
months.
THE STREET RAILWAY MATTER.
A resolution, emanatng from the Conn
mittee on Streets, recommending that sec
zion 3 of Chapter 80 Of the city Ordi-
nances be amended, and so much thereof
repealed. as prevents franchise recon-
nended bv the committee being acted
upon az the meeting at which II is pre-
sented was discussed at some length.
sinh Chairman Bloomberg, OF the COM
uittee. explained that the object was 10
facilitate the progress through the Coun-
ell OF the ordinance granting the privi-
lege to construct and operate street rall-
WAYS TO the Richmond Passenger and
Power Company.
President Caskie held that the repeating
of the section would in no way affect
the proposed franchise, and the matter
was laid on the table.
The ordinance framed by the Commit
tee on Streets. which grants the right TO
the Richmond Passenger and Power Com
many 10 construct and operate street rail-
,vavs I'm this city. was the next order or
business Mr.. Caske ruled that this ordi-
nance must lay on the tabl euntil the
next regular meeting OF the Council
thirty DAVIS hence. and read the rules
which relate to this subject.
Air Rloomberg moved 10 reconsider the
vote bv which the ordinance amending
section OF Chapter 49, was laid on the
table. Mr. Caskle ruled this motion out
of order. on the ground that the matter
had been disposed Of. Mr.. Caskie then
presented TWO letters. which he asked the
Clerk 10 read.
Some objection was raised TO this. on
the ground that the papers referred To
the ordinance and should lie on the table
with IT, The objection was overruied.
THE CORPoRATORs WITHDRAW.
a motion ~ lay tho papers on the table