Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-01-18
CITY FATHERS EVOLVE
NO PLAN FOR RELTEE
,ComtinucA from Etrst Pasel

Continued From First PaSe.)
statement TO hc presented by Mr.
Fuller, Before the chairman OF the
Streets Committee began his speech.
several members Of the body. also
members ~ the committee, expressed
themselves NchsmcntlS against
public criticism. both in III. press
and or the streets. They main
taiucd that the stand taken 10y Coun-
ell had in no way initiated against
peaceful relations between the com
. aauy and its men; that. no;with-
standing what council might have
Z done or may do. the present condi
! ton could not have been avoided
( through amy action on It's part.
E>pcct M Relief.
IN the course OF his statement Al
/ derman Fuller said: NO matter
what Council may DO. unless the
/ policy OF the company is changed. no
/ relief may be expected The present
! condition is duo to incihciency. and
! no, because ~ the failure Of the com
| pany To got It blanket franchise.
I What the people want is service. Ii
/ that and low fare are given. the
/ company may expect /" reap som"
/ so va
And Will say 'htS. continue"
| MIR rullcr. and speak for every
member of this body. that the streets
| committee ana 'i'H '"n"." VIZ -"
as cApe"'''""H
posing "' INC p'''."' i't 81
chiSe. Eut' INC '"nn''''h$ '""',N WI
not force council t" Il" wna' II
would not have done otherwise"
a. y, 81, 4 i,,,,
from the time the company In 1911
asked for blanket franchise. lc
referred to an opinion OF the city
/ Attorney given at that time. In
which it was pointed out tina; the
CITY could not grant the request un-
less. the company surrendered all eN-
listing franchises. When told Of this
the company withdrew it's petition.
He showed that the company, when
II secured the properties OF the cx
listing companies IN 1908? had paid
sSp..l5O and had assumed first
niortuarcs amounting to s2.l.%.o"o.
and tina, I; had issued Stoci; amount
Inc tn s22.O75.c2o. rho property in
Richmond upnn which taxes are as
sessed. said Mr.. Fuller. amounts To
SS.iSacSi. of which S.3Oo.7co is ALTO
Gated tn the stree; car company. the
remainder for light aud powcr. The
total outstanding Indebtedness. h"
said. is S2a.2S35:5 which includes
common AMI preferred stock ant.
bonded Indebtedness.
r,,u,r Gun. y,tu,,,,,.
M sun "''"i, :
Sue" MI i"ii''. "'"''"'t !" '"'
'a''o"u SFtin w 'S"''"h" va va
p"n OF ~. i,t'f' upon Whi'h 'he
COMPANY ASKS '"' Guy L" qua ram zee
q return oil p"r cent EcSioe th'>
hHure. the Sntnk"r placed 'ha' 81
*il'"5''i"P. Nhi'h. ne said' RECORDS
would snow was the amount raid Tor
a.. ~ P' !" i'o':
'''" t","
~ ''''' 81"
80 ""'
." 80 Il
80 Nct 'r'"thIN"' ~ ga h't perS'S'
III ''s IeH"'N' Nh"h "a I""hu 'hat IL
must hfSt SURRENDER Tn" existing
i'"'c"'S"S' IN" IA" i JUST INC same
""" a. - '"eh II" Guy can
ny E'""' /" 1'"""'' .'""Su'S" "h'e>S
80 ."'hP"hS SEtr'hn'rS rs present
t"N'''-'''' me N"ih street iran
u.s. EXPIRES on Ian"arN J. 1850 Inc
i.i'''"' 'iah'H'S" on January l. ~"
ana The Richmond and lienr!co on
'pns 80 l'@2. 4
tn" rorrp"nf, like many other
computations. WAS unable {" pay divi-
E"nhs III the years immediately FOL =
living IN" war declared Mr. iul-
.-r Nhcn the company asked
'"unci. 10 give relief ia 1919. ~ "as
ch"criul!y given. every one realizing
mat li"in. costs We're almost pro-
h'bitv", and the requirements OF the
franchises mat fares should be -