The times. [volume] (Richmond, Va.) 1890-1903, 1900-02-03

w should get for It's holdings IN the Rich
Emond, and PotOmacewhat#
: they were worth. and that II the5revenues
state debit in ninety years, thnt that was
"a matter well worthy OF careful consid-8
Serat ton. ~. ~
$50 FAD BEEN OVERGENEROUS
In the discussion the State had been
OF the State or would laud 1t more than
+ he. would; : but that in the past 1t had been
sOyergenerous. giving awEyevast territory
Itoek IN other roads,
mot get for this stock all that 1t was
worth. and that if, instead Of Virginia
owning this interest the city of Rich
5mond owned it, he believed the members
would think very carefully before TAX
ing action upon the question. He then
offered the following amendment to the
resolution: sss=s54ssssss55i
Provided, That such protection is given
the States interest in the Richmond.
Fredericksburg und Potomac railroad as
may be deemed expedfent by the BOARD
{ of Sinking Fund Commissioners
At this point Colonel William o. Skei-5
ton stating that he was one of the. coun.E
sci of the Seaboard Air Line sald lhs a.
he would ask permission of the body. 20
make a4few remarks. That the express
Z sion ''of giving it away was 1reque,....s
used in connection with the propo22,!! ~,
to sell the States interest IN tne r, .Snt
he and a great many others opposeo t tis
use of that expression: that in the PHI
in question it was proposes 70 bae pay noid
Tor the stock: that the Sinking Fund
Commissioners had been authorized hH
AN uct OF the Legislature in 1875 to sen
the States interest under certain condi,
lions. and that it had boon advertised
without eliciting a single positive Offer:
that he had ttrom NJ r Z, rman hirnseli,
man had said to him TINT If the State
would sell privately he would take nc
stock at 200, but that no such sale mao
ever been made, and that the ruinors o,
these high offers were absolutely "lthonl
ioo'u'i WAS SURPRISED
Mr., Henry s. Hutzler expressed sur
prise that SO few OF the business men
had advocated this chnrter. He SAID tnat
he was not interested directly IN the
question OF freight rates, but that, as 2.
citizen OF. Richmond he was Very muci
concerned in seeing his friends in bust
senger facilities and ACCOMMODATION
and that, therefore, he WIS IN favor OF
The State going out OF the railroad busi-
ness.
Colonel Cunningham Hall said that the
resolution was well enough, but he would
like to ask what the Chamber proposeo
to do after the adoption of the resolution
In reply TO this the Chair suggested tta.
it would first be we'll to consider tne
resolution and the amendment thereto
offered by Mr.. Scott. No one secondins
the amendment proposed by Mr.. Scott,
thn chair ruled that it could not be
voted upon, but that the preamble and
resolution as originally proposed by Ar;
Younger and seconded by Mr. Midye.te
were before the body. The question pc
ing called for a vote was taken upon the
preamble and resolution, and they were
adopted with but one dissenting vote:
Colonel John e. Purcell then inquired
if the .preamble to the resolution, which.
he said, he had not heard read, as he
came in after the meeting comm 9er e =
fnrth he
nosssra ~ the bin. and it being thought
possible that something more might D. be
said. upon his motion: seconded ,.n by ast.
Everett Waddey, the Chair was fe en of
seven sa ~ members member OF the Chamber, who; in
Transmitting the resolution to the d Liz
houses of the General Assembly snou -,
mcmorialize those bodies and urge III
every way possible the passage o. .i,e
bill to charter the Richmond ana WASH
inrton Air Line Company.