The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-11-12

Electric interests afterwards deal of
controversy about the and know that large
amount Of bonds and stock of the new company was deny
Martin Esq, counsel for the to be delivered to
Mr. w. S. Forbes, who chairman of the committee of
syndicate in of this controversy Suisse
qneny purchased from Mr. Forbes part of the stock
delivered in this transaction and hold at the present
MY present recollection is that the amount of bonds
delivered 100000 and large amount of stock, but it
(signed) F. sITTERDNG"
originals signatures of the par
ties attached hereto
In 1908 joint
men, Investigation
granting of these franchises by JOINT committee of houses
this investigation was reported geographically
and file with the clerk the committee In this evidence
the ] tss5ta a he was active in efforts to secure
this franchise and his associates the Virginia Conduit Com
pan that they Originally promised 100000 to aid in
ing the franchise by Mr. Wilson of New York who represented
the Richmond nd Railway and Electric interests.
At page 462 he tesfes follows:
g BY the way refer to that $4,000 What the inducing
motive make you accept $4,000 in place of 100000?
Because Mr. Wilson considered badly treated
proposed proceedings
100000 the bush That and that
Did submit the proposition which he made $4,000
sir; 100000 just right up three
or four months before that He pudaed it entirely
\. No it was just afterwards.
AT no. Captain Pizzn asked in regard
4. actually got $4,000 in bonds
O. All that you individuality
A No, sir it individually the time
O. Who intended o share with your
A. The Virginia Conduit people associates
did
w F jenkins after stating that Captain Pzzin was one of
his associates, testified page 48l) follows:
that foS ep s W Mr. Wilson H Of N eS Yor
who held the options ON the old company's plants
Rather than ahead and for the franchise yoursef'
O. When you made agrement-when say you mean you
and associates the Virginia Conduit Companyo drop
your fight for franchise Boyd-New
syndicate Wilson represented hem fran
oe w nos Tor o, s vran what nn WAS the consider
uniting Wilson opposing them in
A saw Mr. Robertson today / renember-my own mind
and he said promised 100000 and the conduit
O. You did remember this'
A did have faint recollection that there
mentioned but cannot recall what it was
but you do not remember the amount
A. just verbal agreement yes
9 You do not recollect the amount'
Who the persons Virginia Company
A. reckon Mr. John G. Robertson
@ Mr. Pzzn also member of
Yes, sir, he took the active and Mr. Robertson
Again at page 49, Mr. Jenkins testiass
pany get finally consideration for assisting securing
Virginia Company got $4,000 in bonds $4,000
in stock and $4,000 in preferred making $7s5oo
". proportion
A. got $4,000 from this.
Mr. NJ NJ Martin who for the securing
franchise after speaking of the opposition of the people,
testified page 665) follows:
q. What done to that opposionf
A. An made with Captain Pzzini who repre-
scented the Conduit Company which
left free
@ What do by arrangement Were they paid money
bonds stocks
A. They paid certain of stock and bonds
O. How much they paid?
Jenkins gave YOU
exacty-some $4,000 $sc 600
these statements and the of these
They establish the
point which possible that
understated rather
Messrs. Forbes, jenkins and associates.