The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-07-22
DECIDE TO ACCEPT
ERMS OF NE R GER
Suit Against Consolidated Cotton
Mills Company Dis
missed.

Special to The Times -pispatchl
Danvillo. Va. July 2l.-rhr,e years
ago this summer a merger OF the River
side Cotton Mills and tho Dan RIVER
Cotton Mills was effected by an over
whelming vote of the stockholders Of
both companies under the name OF the
Riverside and Dan River Cotton Mills
Gnc). There was some objection.
however by parties holding About c
Per cent Of the stock OF tho Riverside
Mills to the terms of the merger, and
they brought suit in the CITY Cor
poration Court TO dissolve ana annul
The consolidation The style OF this
suit was ". r. Winfrcc and associates
VS. the Riverside and Dan River Cotton
Mills the associates being several!
Lynohbu:g parties. one from Char.
lottesvil!e and prominent Danville
man The plaintiffs In the suit at
tackled the validity OF the merger and
also claimed that the common stock
holders OF the Riverside Mills should
not be required 10 take preferred stock
III the consolidated company. but should
be sivea in exchange common stock OF
the ne" company Tor their common
stock holdings In tho Corporation
Court. JGdse Aiken. who presided de-
cided that the merger was legal ana
valid and from this decision the plain
tins appealed to the State Court OF Ap-
peals, which recently handed down a
decision sustaining tho verdict OF tho
lower court
The plaintiffs then talked about tax.
ing the case TO the United States SUI
preme Court. but after due elaboration
they nave quite recently signined their
acceptance OF the original terms OF the
merger and Will at once turn in their
riverside holdings and take IN OK
change preferred stock OF the conaoi-
inated company, as all the other stock
holders lave done. The suit. which has
been pending for nearly three years. is
thus dismissed
The new auditorium for the Bellevue
Scnool which was TO have been built
this summer. and for which money mas
been appropriated 10y the city Coung 4.
VIII not he commenced until next Fen
ruarN Tho appropriation was not
made until quite recently. and the WORK
cannot now he completed before the
school reopens. and it is thought That
the construction operations VIII greatly.
interfere with the pupils work The
now wing. which Will also include four
new classrooms VIII be bull, next Feb
ruary.
The farmers Of Pl,tsylvania county
are becoming more and more interested
in the good roads movement. which was
launched some months ago Not onlN
arc they giving money TO the fund
inai has been started for the purpose
OF keeping highways In repair. but
many OF them are having the roads
around their own property "dragged'
ny their own teams and labor AT
Erosvilie yesterday afternoon there was
quite an enthusiastic meeting Of farm
ers Who listened with keen interest
to II ". Darden, a prominent repre-
sentative OF the state Highway Com
mission. who addressed them upon the
to community and the bes, and most
economical means of accomplishing the
object.
According to the present plan. the
new PRESBYTERIAN Church which hes
been in course OF construction Tor
nearly two years. and which is now
completed. Will he opened and dedicated
on September S and Drs. " W Moore
and Theron Rice. Of Richmond. have
been asked to take a prominent pa.,
in the dedication service Tho church
~ classic design. IS a magniiicen.
structure and is generally considered
the most handsome edihce in the city
a the present time Its total cos'
amounts to 100000 The interior dec
orations are Very harmonious and pro-
duce a pleasing atmosphere OF restful-
ness. = now Austin organ has recently
been completed
About sixty privates and officers.
members of Company VI. First Virginia
Volunteers. under the command OF Cap
tain c. w Rsnes. will leave on We'd
nesday night for the national encamp-
ment at Mount Gretna. \ special train
Viii he made up here. and will sathe.
more volunteers on its way up 20 Penn
sylvan!a. where they viii take part in
the third period Of the grand cncamp-
ment. The company has been training
vigorously for this event during the
past Two months. and they have heon
taking Weekend hikes with their
fun military equipment strapped upon
their shoulders. The body which leaves
here next week is the iarges, that has
ever left the city for such purpose