The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-01-02

member of the House OF Delegates
from Caroline County, busted himself
in this matter. appearing time and
again before the commission, urging
his claim He saw his efforts crowned
with success. receiving the promise
that the localities should be equaiiy
considered with the State
The settlement as agreed upon Is
on the basis of six years franchise tax
for the State and two years property
tax for the State. counties. cities and
towns affected. The sum is a neat one
for each locality and VIII no doubt re-
ueve local finances to a considerable
4 extent.
Directors Approve.
/ With the final proposition OF the
/ state in hand. the directors met on
December 10. considered and approved
il. adopting a resolution referring II
to a meeting of the stockholders. The
board is composed as follows: J. Tay-
lor Ellyson. representing the State;
w. W Finley, represe nting the South
ern Railway: Alexander Hamilton. rep
resenting the Atlantic Coast Line; y.
: Medium. representing the Seaboard
Air Line Railway, and George w. Ste
vens. representing the Chesapeake and
Ohio Railway. These are the largest
owners of the stock. Mr.. Hamilton
and Mr.. Stevens, with President Will
liam H. White. composed the committee
which treated with the State on the
bart OF the railroad.
The resolution provides that the
proposition of the State IS accepted,
provided the costs to be paid by the
railroad are only the ordinary court
3 costs. and not special counsel fees. II
/ also calls a meeting of the stockhold-
ers for IL o'clock A. NJ. February 5.
1913, al the companyS office, to pass on
the two propositions
Another resolution presents TO the
stockholders the acceptance of the act
of Legislature permitting 1t TO amend
its charter so as TO give up its eXemp-
lions and be released from its burden
Books for the transfer of stock wiz
be closed on January Is. at z. M.
and reopened on February Z, at 10 A
NJ The call for the meeting is signed
by William H White, president. and
Norman Call, secretary oil the Rich
mond, Fredericks burg and Potomac
Railroad Company.
The exact terms of the compromise
are set forth in the following Letter
sent the committee of the road BY
Governor Mann, representing the State
COMMONWEALTH OF VIRGINIA,
Governors Ofhce. Richmond.
William II. White. Esq. Hon Alex
ander Hamilton. George W. Stevens
Esq, Committee OF the Board Of Di
/ rectors of the Richmond. Fredericks
burg and Potomac Railroad Com
pany:
] -
what has passed between the commits
sion representing the State and your
I selves Of which you are fully aware
I submit for your consideration a def
{ mite proposition which is cOncuTred il
by every member of our commission.
We will receive in full comprOmis'
and settlement Of all claims against tn
Richmond. Fredericksburg and Poto
mac Railroad Company for taxes du'
TO the state. the sum OF sle5.5e4-SS
Of which SII210S60 is franchise tax
and NS5S $50 % is tax on property.
lsnd We viii receive for the local.
ties. TO DE paid TO the proper receiving
officers Of said localities. the sum o
sI5s.42eSs. TO be paid as follows:
TO Richmond city. s57.5e1.s7.
To Brookland District, Henric'
County. Sl1.lsl- -.
To Tuekahoe District. Henric'
county. sI.O40S3.
To Ashland District. Hanover county
SS.o75.ss
To Beaver Dam District. Hanover
County. $6.sOA7I-
To thc town u Ashland, Hanover
, County. SOILS.
To Reedy church District. Caroline
County. Sl3.565.3i
To bowling Green District. Caroline
County. Se.S15.
To port ROYAL District. Caroline
County. 5, 1881.
To- COURTYARD District. Spotsyi yani'
! County sf15faIS
To city CO fredericksburg sei5e so.
To- Falmouth District. stafford Coun
.. slt9-3.e5.
TO Aquls District stafford County
S-5.s11.l5.
To prince william COUNTY Ss-2 ..
d. addition 20 the al owe amounts
which aggregate the sun 81 s@3S $50 =
.r. Richmond. Frcdcr.cksbure and 70
fo.nsc railroad Company mus; pay IN
..v.d costs Of the pcndinE li;iratio'
. Lea all thr courts. and must ACRE 2
vr,sve al o. IS Nsmptlous from taxa
tlon.
.,irt meeting - tho commission repre-
, e.rtfur the STATE and your coumit;c
-tu b.. called and she details agree
.,r.,r and reduced 30 writing
Min assurance - high respect.
. bcs GO remain.
.sirncd) WI HODGES MANN.
Governor. and Chairman -
SPECIAL Commiss.o-