The Great Fight to be Made on its Passage

February 18, 1871

Summary

The railroad war is continuing, and the rail between Washington and Richmond will be completed in 3 years. Currently, other amendments and details regarding the rail are being made.

Transcription

When the House adjourned on Thursday Mr. Guy had offered an amendment providing that the Washington and Richmond Railway Company complete its road within two years after the passage of the start. Mr. McCaull offered to amend the amendment by inserting three years instead The question yesterday morning was upon agreeing to amendment to the amendment. It was agreed to. Mr. Fretz moved to amend by requiring the road to run through the county of King George; which was agreed to. Mr. Budd moved to amend the 9th section of the bill so as to make the amended paragraph read as follows: "And the said Washington and Richmond Railway Company shall be assessed with and shall pay the amount of said tax to the proper officers of the Commonwealth during the term of such lease, contract, or agreement, and all the property of the said Company shall be liable therefor as fully and to the same extent as for the tax assessed upon its own property; and the said Washington and Richmond Railway Company shall be required, upon the completion of its said road, if the General Assembly shall so determine, or whenever, under the provisions of this section, the property of the said Richmond. Fredericksburg and Potomac Railroad Company shall become subject to taxation, if the General Assembly shall so determine, to pay to the State or Virginia in current funds the then market value of the State's interest m the Richmond, Fredericksburg and Potomac Railroad Company, and have and hold the same its own: provided, such market price shall not be under sixty cents in the dollar of its par value. If said stock be under sixty cents in the dollar at that time, then said company shall pay the State for said interest in stock at the rate of sixty cents in the dollar, the present price of said Stock." RICHMOND MUST HAVE A SHARE. Mr. Crenshaw offered a further amendment, providing that a fair proportion of the work necessary to be done to build and keep in order the rolling stock of the load shall be done in the shops at the city of Richmond. Agreed to.
About this article

Contributed By

Megan Wiora

Identifier

WioraMegan-18710218-TheGreatFighttobeMadeonitsPassage.pdf

Citation

“The Great Fight to be Made on its Passage,” Reconstructing Virginia, accessed May 21, 2022, https://reconstructingvirginia.richmond.edu/items/show/1985.