The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-07-11

changes for betterments, and * for ii! nc.
quiring new property, shall be consider
Ell In ascertainfngi the profits of the conf
pany. S. R2Sf 53S 55is n
Mr.. Cooke followed, and he said II, his
| view, few, If L any, OF the questions re-
ferred 10 by his friend, would ever arise
In this case. a He took the ground that
any charge for# business authorized w
tho chart err of the company was a proper
one to be takenGou oftthe operating ex-
penses of the con1pany. lie had refer
enGe to the Item 5yf for Pocahontas coal
bonds, to which objection had been made
by Mr.. Braxton,5 the latter taking the
ground that the company had rs much
right to charge the expenses Of q lner-
camille business against thei operating. ex-
$penses Of the road as to NJ pursue this
course with reference to a coal mine
4 5.F Were Far Apart.
8st n Cooke took the opposite view from
Mr.. Braxton on all these questions. and
the discussion was along the same lines
| followed In a like disagreement over the
same propositions between 8Messrs. Brax-
ton and Thorn, \ when the affairs of the
Southern Railway were being inquired
into. rs .ss1s NV ~ sl
I 4 Mr.. Braxtons .spo Ike sa gain an at some
slength.j,3 He Il said he did not deny the
right Of tho company !; to purchase the
tPocahontas coal bonds, but this did not
convert the mining company into a pub
lie service corporation, and the sum
should not be charged against the operat-.
ing expenses OF the railroad company.
Mr. Cooke now took the witness, with
Mr. Braxton's consent, ana asked him
some questions with reference to the va
Srious items so voluminousy discussed q,
little while before BY the lawyers & tls 81
4ss The commission at 2 o'clock took a
recess until $3.50 P. NJ !, M ~ S
5& When the session. " as, 1ftr esunled Mr..
Braxton proceeded with the cross cxami-
nation of the witness. 2rt.s 5 n g{s
The latter said, 80 far as he recalled,
he had no such thing as milling In tram
I sit arrangem ents on his road. tt5 II
He declared he kept no separate nc-f
counts with reference to intrastate and
Interstate switching business. !. lie kept.
one general switching account, and he
thought the business amounted to- about
$4,000 for the year ended Juno 80, 1905.
He thought the storage business was,
about $4,000 for the same period.
business connection II has your
.cou1pnnles?,'i 81 a slsed Mr.. Braxt ton. sS Il
Witness said his company had acquired
/ 1886 shares in the 3Pocahontas Coal Com
5pany, but that the concern had gone out
Of business. It was q mercantile COM
Spany. but had not been for ten years,
81; Owned No Mines.
"a His company was purely transporter
OF coal, and not an operator or owner
of mines, 5 t3j r tiSsi
The Norfolk and Western, he continued.
guaranteed the interest on O. portion OF
the bonds Of the Pocahontas Coal and
Coke Company, and this was done to en-
courage the movement of coal, which
was large item Of transportation with
the railroad company. 81. N
Mr. Braxton came to the question OF
terminals, and asked II the Lambcrt's
Point terminals were owned and operated
BY the Norfolk and Western. The reply
was in the affirmative. A
He admitted that only small percent
age OF the tonnage handled through the
Lambert's Point terminals was intrastate
business, though he would not say It was
negligible. q s3s IS e
you furnish me later. II you
cannot do so now, the total tonnage OF
interstate Virginia business, which passen
through your Lambort's Point terminals
during the year ended June 80. 1905 ?''5iS
1tf'I will" Y n s3s s .5l ..t
The commission a t $50 O'clock adj
journed until II O'clock this morning,
with Mr. Coke still upon the stand.