The Washington herald., 1912-04-02
OUTLINE SCHEME
FOR MAKING ROAD
Richmond c. Of G. Men Explain
Plan for Building Inter:city
Section of Highway.

The plan Of the Richmond to- Wash
ington Memorial Highway Association
for building the Richmond to- Washing
ten section Of the proposed MiamI-to-
Quebec international highway was out
lined at joint meeting held yesterday
afternoon by the directors of the WASH
ington Chamber OF Commerce and twen-
~ business men and members of the
Richmond Chaber OF Commerce, who
made the trip to this city for that pur-
pose.
The plan as outlined by Henry W. An
derson, president OF the Richmond-to-
Washington Memorial Highway Asso-
ciation. contemplates the organization Of
a corporation OF which ali persons sub
scribing to the $4,000 fund necessary to
carry on the work win be stockholders.
II Is proposed to sell the shares at SO
each. The proposed corporation Is not
intended as money-making organIza-
tiGn, but merely to insure the subscrib-
ere to the fund that their money will
not be wasted.
The corporation win have a minimum
capital OF $4,000 with the right to in
crease the amouT to $4,000, and, the
charter shall provide that no dividend
shall ever be paid on the capital stock.
All expenditures of the corporation are
to be under the supervision Of the State
road engineer. Not less than % per cent
Of the capital is to be used for mainte-
nance.
Il believe the organization of a corpo-
ration such as have outlined will solve
the road-building problem" said Mr..
Anderson. The corporation scheme will
mean that every one contributing toward
The fund viii have a say in the expendi-
tdre OF the money. There will be a board
OF directors and executive committee.
such as any corporation has. The cor
poration. being a legalized organIza-
ton. VIII be able to contract with the
county authorities. The trouble with
most road-building projects Is that the
money donated is wasted and paid out
as salaries. The corporation which we
hope to organize villa only have one paid
employe.''
To share Expense.
President Anderson also explained that
the corporation win not attempt 10 bear
the total expense Of building the high
way. The counties through which the
road will pass will appropriate a large
portion Of the money. and IL will be the
purpose of the corporation to see that
1t Is tudiciously expended. Mr Anderson
asked that the Washington Chamber OF
business men to subscribe u
the fund by purchasing stock Of the cor
porauon when II is organized. In COM
pliance with his request, the matter will
be brought up at the next meeting OF
the Chamber
Addresses were also made by J. s.
Bryan, owner and editor OF the Rich
mond News-Leader: T. NJ. Darlington,
president OF the Richmond Chamber of
Commerce; Thomas L. Moore, of the
Richmond Business Mems Club: Robert
Whittet, jr., president of the board OF
aldermen of Richmond: Capt. p. ST.
Julian Wilson, State highway commits
sion: J. C. Easley. Col Joseph Z. Will
lard. Preston Beivin, president Of the
Virginia State Automobile Association,
and A. d. Brockett. of Alexandria.
Former Commissioner II. B. F. Mac
William F. GUIDE Robert n.
Harper. and President James F. Oyster !
made short addresses in behalf of the |
Chamber of Commerce
Those who comprised the Richmond
delegation not mentioned in the list Of |
speakers were W. II. Adams, A. L.
Adamson, ]. G. Boschen. A. L. McClel- |
and. II. l. Harwood. Samuel Cohen. ].
T. Palmatory, E. A. Catlin. r. A. Dun |
op, and w. 7. Dabney.