The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-03-15


scented to the now road a right OF way.
From the men here who give. We can
tell who are our friends and we viii
deal with our friends when the road Is
completely
Eighty years ago, said x, r. Mayo,
II was easier to get Into the Northern
! Neck than it is at the present time
lie enlarged on tile FISH factories and
other industries OF Tho country, saving
that nor only the industries them
selves, but their employees would be
glad to trade with Richmond II they
could.
Would HIVE 10th
Senator John r. Saunders Quoted
knew. lie stated that according to the
last census Recdsville was the riches,
town per capita in the United States
lie also was cautions enough TO ado
that while he favored the road to the
Northern Neck along Mr.. WARDS route
lie also wanted 10 see the trolley road
10 Urpanna built but he wanted th,.
railroad first. believing that both would
come IN due course of time
lie was followed by John StcWar
Bryan, James r. Gordon. W. d. Duke.
sam Cohen, Q. j. sands, John S. iiar-
wood and Polk Miller MIR. Sands. VIA
was the representative OF the Picn.,
}
every stakeholder in every bank OF
Richmond would contribute to tho
road.
Plan Proposed.
Concsely the plans for the road are
as follows:
! G. NJ. Ward proposes to have built
ana constructed standard gauGe
radiroad. Of substantial workmanship
ana material, from point at or near
boswell Va. to point on the Wicoml-
co River, a distance OF between SEVENTY
and eighty miles. and TO equip the
same with necessary rolling stock. en-
gines. coaches. station houses etc.
construction to be started within
twelve months from this date ana -
he completed within two years from
tho time the work is commenced The
said road TO be Incorporated bv tbe
promoters or builders thereof thp
capital stock OF which Is not 70 OK
coed sl,S00,000, and the mortgage IN
debtedness is not to exceed 1900 0oO.
put these limitations shall not relate
TO or cover extensions OF the road OF
branches thereof
The Chamber of Commerce, of Rich
mond in an advisory capacity only.
and with tho express Understanding
that 1t shall In no manner be pecu
niarily liable in tho matter, will en-
deavor to secure subscriptions to the
|tPtlu' SloCh oi suld incorporated road
70 the amount of $4,000, and the
payment Of which is not guaranteed
or to be made condition precedent
TO constructing the railroad
The said Stock subscriptions 50 10
ne secured, are all to be made on the
following conditions: That each sub.
| scriber shall only be liable for the
amount OF his individual subscription
and that each subscription SHAH Ia
conditioned as follows:
The road shall he or standard capce
capable Of receiving cars OF tho Kich
mond, Fredericksburg and Potomac
Railroad Company. and also cars o!
the Chesapeake and Ohio Railway
Company over It's entire route. and
| This capacity shall be determined bv
| n civil engineer in tho employ OF the
proposed road civil engineer in the
employ Of the Chesapeake and Ohio
hallway Company together with tho
president of the Chamber OF Commerce
a the time Of such examination.
Forty per cent of this substitution
shall BIO due and payable only when
the railroad shall have been coinplctcd
and cars running thereon from a p1jnt
at boswell, Va, to q point on the
ltappahannocs River; the remaining GO
per cent. Of the subscriptions Shall he
due and payable only whom tho rail
road shall have been completed ard
cars running thereon from u point at
boswell. Va, to the end OF the route
at the Wicomico River; this subscrip-
ton 10 be held by the Virginia Trust
Company as stakeholder or in escrow.
and carried out by them rs per ABOVE
provisions.