The times. [volume] (Richmond, Va.) 1890-1903, 1901-02-08
OPPOSE THE SALE
OF STATES STOCK
Senate Committee Prefers to Lose
seaboard's Forfeit.
VOTE ON NEW CONSTITUTION.
Animated Discussion in Senate as to
Whether All or Part Of People
Shall Pass Upon its i;.t,fication.
Folkcs' Primary Bili.

PERTAINS the feature OF the day in Legs
fassv.. circles was the report oil me sen
ale COMMITTEES on Finance and banks.
,,,en.ame ntiug that the States iniereS IN
.,c Richmond f:cie-fck:sa':-S and 70
tonac Railroad shall not be sod Inc
e,cn,nftf.,. also reported bills repeating
ta,c a,t Of lasI session directing the sale
of ,hn .stocR the act Incorporating IN"
.,f-hn,oud and Washington Air Line kali
H4y Company. and repeating Inc act TOT
bidding the lasr-nanaed company 10 ma ne
-ra4tsc 4-rsinseinen;s with the Richmond.
FREDERICKSBURG and Potomac Railroad.
All three bills took ihe.r places on 'Re
calendar.
rhe Anticipated fight ore- the question
M s, arrirt!!ls- ttfe new Constitution TO the
, fnsn for ratification or rejection began
in Inc Senate yesterday. a:td Is not Yet
ended The fight hinges on whether Inc
n,,rSfion of ratification shall be ieit 10
an .be voters or only 10 such as Will
H. entitled 10 vote undsr the proposed
Constitution. The question viii be settled
to-day The advocates OF 4 provision 10
haze an voters PASS on the CONSTITUTION
are very confident.
The feature of The day an the HOUSE
was the Introduction by Ny: FOXES %, o.
ssgClrnutad of a bill providing: tor the
selection, of sibcrnational Candidates al
n urinary election. After a short DIS
ctfssiou The House refused 10 place the
e,:rl on the calendar. and IT went 10 me
Elections Committee There Was slSo
a breezy fight IN the House over ''ie
Warwick county Electoral Board matter
Mr.. Madison won single handed
several l,1lt,ugacrtart measures OF a local
,,st,,re were passed. Nh Watkins got
through the Senate a bill establishing
liquor d.spensary at Farmviile-
The Scn.,t.-
TIC session of the Senate was opened
.,yi;l, PRAYER. for the first time this week,
d-.v. DIR. w 4; l. Smith, of the Second
baptist Church. making the invocation
Various House bills OF a local nature
were passed
The House bill Incorporating the Han
ove, and iicrrico Telephone and Telegraph
COMPANY Wa, passed, under suspension
of 1h., rules The company Is cmpoW-
cred 10 operate telephone and telegraph
lines in Hanover. Iienrico and ADJOINING
counties. The capital stock Shall De NOT
less than s1,s0 nor more than $3Wt. Inc
,corporators are W. c. Saunders and c. 5.
Campbell, of I5elrtco; NJ. D. Hart, L. Il.
e Scott, and NJ 5. Pendleton. OF Han
ovc,.. and John Garland Pollard, OF Rich
,eord The company Is authorized 10
acquire telephone or telegraph lines
already being operated The principal
Office is 10 be at Ashland.
The Senate passed the House bill author
il
of Richmond, Petersburg Norfolk, Ports
mouth Newport News and Alexandria,
with the consent of the councils Of those
cities, to allow pay out of the city funds
10 a number Of deputy sergeants-
Nj l'caghcrstoa communicated til"
House Joint resolution. requesting the
United States Government II extend into
Virginia surveys which are now being
made Docking tC the establishment OF Il
national forest reserve II is proposed TO
take into this reserve territory couti2u-
Gus To The point where the boundary of
The three States named comes toSetn-
er. The Senate agreed 10 the resolution.
The House bill to refund taxes e1'!"n-
eously paid by Hon Archer A Phlesar
Was passed.
SHOULD HOLD Il. T. & p. STOCKS.
The Committee on Finance ana Banks
lepol ted the three bill regarding Inc Rich
inond Fredericksburg * Potomac Rail
road and u report recommending that the
States interest III The road be not sold.
The report is as follows:
Your committee, who We're, by resolution,
directed TO Investigate and report whether
ii i, now -.adyiSab be 10 Sei the state
interest in the common stock and dividend
obligations OF the Richmond, l'redericks-
lylIrg and Potomac Railroad Company.
respectfully report that they have made
careful examination OF the bond and GER
Iitlcate Of deposit provided for by the act
incorporating the Richmond and Wash
ington Air Line Railway Company. They
find botls certificate and bond carefully
drawn. and. in their opinion, in good and
binding shape: provided. no defect exists
in the act OF Incorporation and accom-
panying acts or in the general law They
think that the States officers, the Gov
cr:or and Acknowledgement, have care
fully carried out the provisions Of law.
They have made inquiries IN all directions
as 10 the present value of the Richmond.
Fredericksburg and Potomac stock and
dividend obligations, and they are con-
Minced that q sale at the present time,
at S2s, per share would be a great sacrifice
on the part of the State To-day se50