The times dispatch. [volume], July 28, 1907, INDUSTRIAL SECTION, Image 37

About The times dispatch. [volume] (Richmond, Va.) 1903-1914

Image provided by: Library of Virginia; Richmond, VA

                
TIIE TIMES FOUNDED 1888.
THB DISPATCH FOUNDED 1850.
WHOLE NUMBER 17,635.
RICHJIOND, VA., SUNDAY, JULY 28, 1907.
PRIOE FIVE OENTS,
BRIEF HISTORY OF THE POWERFUL "TOBACCO TRUST"
AS SET OUT IN A SUIT BROUGHT BY THE GOVERNMENT
REAL ESTATE
Rental Ag*ents in a Guess
ing* Mood, Butboing
Some Business.
ACTIVITY IS IN
BLOOMING SUBURBS
Ginter Park Sets the Pace.
Other Suburbs Taking Notice,
and Business is Generally
Active Where Breezes
Blow and Birds
Sing.
Tho real estato agents of the clty
liave boen oonflnlne thelr operatlons
fot tlio past week very largely to the
matter of rents, and they report that
nctwlthstandlng tho allegnd scarclty of
houses to bo rented, tho people who
are In the hablt of Ilvlng In rented
houses do not seftn to be uneaEy. Rates
have beon anvancod in certaln socllons, |
nnd tho rentors uro'rebelUng somewhat
agalnst tho ralse. Tho' result Is that
fc-wer contracts havo boon closed thnn
Ih usual at thls season of the year.
The rcnters aro holdlng off, wlth the
expectatlon that the owners wlll como
down, antl the owners are holdlng stiff,
wlth the expectatlon that tho renters
Wlll hnve to come to terms. Thus the
ngi-nts are left In a Blow, nnd only the
future cun tell whicli side will wln out.
Some JJunlncn* Dolng.
In the meantlme tho agents have been
maklng somo good sales. Soveral lots,
upon whlch the buyors expect to bulld,
wero sold during the week, and it is
i-nld that not a few contracts have been
made wlth the bullders for tho erectlon
of houses.
Whlle the week haa been a llttle
dull, several deals that havo been
hanglng on the string have been closed
up, ana nltogether the transactions of
the week foot up somethlng like $45 -
?non.
The auctlon sales of the week- wero
fow und somewhat far between. There
ls but little offering by tho auctlon?
eers in cily property, and the dealers
ln suburban property prefer the prl?
vate sale method.
The fact 1B that suburban property
ls now attrnctlng more attention than
clty property.
Suburbs Ilonmlng.
Hlghland Park, Chestnut Hill, Bar?
ton Helghts and othor suburbs havo
the attention of investors and homo
bulldSr*;?
The truth Is that Richmond ln the
fiust few years hn,i grown abnormally
long. and untll a few months ngo the
magnificent property to the north and
northwest of the' clty had beon neg
lected. The openlng up of Ginter Park
was the beglnnlng of a change ln thls
respect, and now the greatest aotivlty
ln real estate ls ln thls sectlon, ?
The natural advantages of the hlgh
lands of Ginter Park nnd ndjacent tor?
rllory and of tha other suburbs as
places of resldenco are very superior
bocauso of tholr marked healthfulness
nnd accesslbility to the clty's social
and business centres. Ginter Park ls
especially deslrable because of Its flno
drainage and sewerage systems, Its ex?
cellent supply of purest water from ar
testan wells many hundred feet in
depth, and whlch go far down Into the
granlte beds which undorlio all thls
terrltory.
Glnter'n Propheey.
Major Lewls Ginter appreciated the
great prospectlve growth whlch was
bound to oome thls way ln tlme, and
at a cost of hundreds of thousands of
dollars beautlfled and developed a large
nrea of ground, eurrounded by somo of
the flnest old estates ln Virglnla. Ho
bullt miles upon miles of tha very
flnest macadatn roads, planted shade
trees by the thousand along tho wlde
avenuos whlch ho had laid out, and In?
closed each and overy block wlth sti.
porb Callfornla prlvet and honeysucklc
hedges. Theso trees and hedges have
had yoars ln whlch to grow and do
velop most beautlfully, untll now a
blrd's-eye vlow of Ginter Park from the
towor of tho main bulldlng of the
Unlon Theologlcal Semlnary, whlch lt
ln tho honrt of the property, rosemblot
u beautiful park ln tha truo Benso oi
tho term.
How to Get There.
Ginter Park ls reached by two trans-.
portatlon llnes, which glve aderjuate
aarvice for a slngle faro. The prinel
]>nl clty storos mako dally dellvorles
of household supplles, tho eloctrh
light servlce ls furnlshed nt clty rates;
frosli vegetablos can bo bought from
tiie marltot men who go througl
the property daily, at prices below
thoso that prevall ln tho clty. The
magnificent group of buildings of the
Union Theological Semlnary, tlio fine
manslon of Mr. Joseph Brynn at ".La?
burnum," togother wlth the many oth
oj-s erectod In Ginter Park durlng the
1 ust few months, glvo thls sectlon n
tone that ls iinequallod Tha property
is wisoly rontrlctod for all tlme agalnsi
ciowdlng and otlier dlvagreeablo fea?
tures, and tho bulldlng lots uveragt
i ( n.'iidorubly over half nn acre in ylv.e
ufTordlng umplo spuco for lawns, gur
dona und orchards, so that tlie resl
dent has nn opportunlty to ralso al
necessary vegetablos and frult if hi
enres to do so.
Church (o he HuiU. ..
School and church faci'ities are no
wanting; and an udditioful tw.o-storj
uchool bulldlng of an unusuully hand
niino Kngllsh half-tlmliared derdgn 1:
to bo bullt at onco, and will b? foi
tho nccornmodation prlmarlly of tln
jtsldents of Ginter Park. 'A handsonn
Kplscopal Cliutch and rjctory are uls1
to he erected; the aggregato cost o
(Contlnued on Seoor** Pago.)
GREAT GROWTH OF
COTTON INDUSTRY
Dixie Displacing New England
As t'he Centre of Manu?
facture.
WONDERFUL GROWTH SHOWN
BV "VVALTKU EDWARD IIARItlS.
WASHINGTON, D. C, July 27.?In
1905 the capital Invested in cotton
manufacturlng' ln Virginia amounted
to $9,694,856. In 1880, the total capital
Invested ln Virginia cotton mills waa
$1,646,8"i0. Thls Increase of six hun?
dred per cent. ln a quarter of a con?
tury ls one ot tho most strlking evi
dence3 that Virginia has been hustllng
ln an Industrial way slnce sho begun
to get Xlrmly on her feet after tho
closo of the War Between tho States.
The flgures contalned ln a bulletln
on the cotton textlle Industry, Issued
to-day by the Census ' Bureau, from
whlch tho foregolng are taken, tell
a wonderful story of development of
cotton manufacturlng ln the Southern
States. It ls a story whlch tells ot the
gradual transfer of the centre of tox
tlle manufacturlng from Now England
to tho vlcinlty of tho cottonflelds,!
when the sceptre wlll have departed
and fallen Into the hands of the South?
ern manufacturer.
As 6tated abovo, the capital Invest?
ed ln cotton textlle manufacturlng ln
Virginia ln 1880 was ahout "11,600,000.
In tho ton years to 1890 thls sum had
Increased to ""4,089,611. In 1900 the
total capital ln tho Industry In Vlr-.
gimla amounted to $6,769,667, whlch ln
the next Hve years Increased to $9,694,
856.
Value of Textlle Produets.
In 1880 tho total value of the cotton
textlle produets of Virginia amounted
to only "fl,618,930. ln tbo next teii
yoars the value of the output of the
mills Increased to JS,964,171. In 1900
the valuo of produets1 was $5,762,329.
In 1905 the value had Jumped to $9,
.?'?0,828.
It ls a strlklng fact that there
were moro cotton mllls ln Virginia
ln 18S0 than there aro at present, al?
though the' total capital Invested ls
so much greator and tho total annual
output lt of sucli greator value. In
1880, there wero 56 cotton manufacto
rles ln Virginia. In 1890 tho number
decreased to 47, but ln 1900 the number
Increased to 53. In tlie llvo years from
1900 to 1905 the number deereaeed to
62.
In 1905 thero were 150 salaried ofll
clals and clerks ln the empjoyment
of cotton mlll companies, recelvlng- a
total of $161,577 annually.
Tho number of wngo-onrnors em?
ployed |n Virginia cotton mills ln 1P0C
was 6,619, rocoivlng $1,047,739 a year.
Mniiiil'netui'liiK ln North Carollna.
The capital invosted ln the cottpn
manufacturlng Industry of North'Cnr?
ollna ln 1905 was $61,002,080. In 1900
the tolal investment was $34,458,42*",
nnd $11,195,122. ln 1880 lt was only
$3,068,900. *
In 1805 the valuo pf tho product of
tho cotton factorles of tho Stato vJa's
$50^610,000, und ln 1900 lt was $29,
096,000. Iu 1890 lt was $10,153,000, and
ln 18S0 lt was $3,058,900.
South Carolina shows an even
greater Increase in the capltal Invest?
ed, tho "total belng placed at $83,883.
000 ln 1905, agalnst $2,784,000, in 1SS0.
The output of the two States was
of substantlally the same value dur?
ing each of the periods. It is Inter?
esting to noto In thls connection that
whlle the Increaso ln the capltal in
the two Carolinas durlng the flve
years from 1900 to 1905'was approxi
mately 100 per cent.; that of Massa?
chusetts for tha same perlod was
only about 20 per cent, and that
in faco of tha fact that othor classes
of nianufacturing capital jn Massa?
chusetts has lncretsed about 60 per
cent. ln the flve years.
? North Carolina had 40,000 wage
earners ln her factories in 19Q5, wlth
aggregate annual wages of $8,250,000.
The materias used ln 1905 are esti?
mated at $35,000,000.
Kow Engluud's Stendy Decllne.
In 1905 tha capltal Invested ln tho
cotton manufacturlng Industry ln tho
Now England Statos was $624,000,000.
ln 1900 it amounted'to $524,000,000, and
ln 1890 to $426,000,000.
In 1905 tha capltal Invested ln the
manufacture of this product in tho
Southern States amounted to $250,000,
000, and in 1900 to $137,137,000. In
1890 it amounted to $02,000,000. It wlll
bo seon from theso figures that the
Southern States aro doubllng their
capltal Invested ln a llttlo more than
flve years, whllo ln the New England
Statos the capltal invested has In?
creased only about one-half in flfteen
years.
ln 1905 the cotton manufacturlng
Industry ln tho United Statos was
caplttilized at $i,2SS,000,000, in loot
the total, capitalization was $1,001,
000,000. In 1890 it wns $7 10,0110,000.
The product ln 1905 was valued nl
$1,152,000,000; in 1900 nt $884,000,000,
nnd in 1890 at $722,000,000,
t'o-.l of Nnpilllfx.
PHILADELPHIA, July 27.?An Idea
of tho Increasing coat of siipplles
which must be purchased by a rail?
road ls obtalned by comrnrlng prloafl
pald by tho Pcnnslvanla Railroad Com?
pany hist year (1906) wltli those paid
lho current yoar.
Steel angles havo Increased ln prlce
31 per cent., bronze journal bonrlugs
25 por cent., copper 22 per cont., frelght
cur wheels 21 per cont, and nialle.ahlo
iron castings 20 per cent. Brass. and
I tln .havo each Increased 16 per cent.,
j cnr nxlos und 'Crnsn tlns 12 per cent.,
rall braces S per cent., whlte piiu
t lumber 8 per cent,, nml alr brulu
1 hoso 7 por cont.
HOUSTON, TBXAS, July ' 27.?Tlu
So.uttiorn Pnclflc. Hallroad has lll'ed an
; Injunctlon sult to restraln tho ltall
road OoiiinilsBloii from enforcing an
ordor to run oertaln truius, Thls sturtt
,a goneral llght 011 tho powers of tlu
I coiiiini.sslon.
THE RESOURCES
OF
HALIFAX COUNTY
Rich in Tobaceo, Grain, Fruits,
Good Lands, Water and in
'Minerals.
TEN BANKING INSTITUTIONS
HOUSTON, VA., July 27.?Facts
about old Hallfax counly, Its natural
resources, lts cllmate, lts produets and
the opportunities avallable alike ln
agrlculture, manufacturlng, minlng and
other fields, together wlth lts history,
hnve been Interestingly compiled by
Dr. Alfred J. Morrlson, and publlshed
ln pamphlet form by the board of su?
pervisors of the county for' distribu?
tion at thu .lumostown Exposition.
Hallfax county, which is ln south cen?
tral Virginia, and borders on tho
North Carollna llno, has an area of SOO
square miles, and forms part of tho
great undulatlng plain which gently
rlsos from the llmlts of tlde-wator to
tln, low broken ranges of hllls that
make the outlines of tho Bluo Bidgo
mountalns. The county ls dlvlded in?
to elght dlstricts?Banisteiy . ~~3h-c.li,
Black AValnut, Meadsville, Mt. ' Cur
inol, Ked Hnnk, Ronnoko and Staun?
ton. Tbe Banlster dlstrlct ls the prln?
clpal coimnerclnl and manul'nctoring
one, und Hs produets aro sold ln nll
parts {>i the country. Its tobaceo
mnrket Is ln si/.e tlie second of lts
| type ill tlie State, whlle lta wholesale
houses have boen ou the road through?
out the South und Southwest. In thls
dlstrlct nre located the towns of South
Boston and Houston, ihe principal
towiin di* the eounty. South Boston
I hns a uuniber of varied industrles, the
! must imporin.ni. of whleh aro_ four
large tobaceo stemmeties, twelve to?
baceo prly.eries; two buggy and wagon
works, ono of whleh turns out 14,000
vehlelOH a year; cloth, dress goods und
eolton mllls und lumber plants. Five
of the county's ten buuks aro ln South
Boston. Houston, whlch ls thfe county
seat, has an electrlc-llght plant, flour
mill, two corn mills, two hotels. two
hui'dwaru stores, three dry goods stores
and four grocorles, ouo of whloh ls
wholesalo. The Meadsville district ls
a typicul brlght tobaceo sectlon, hav?
ing llght, quick solls, whleh mako tho
necessary texture und colorlng. ltcd
Bank I.s Ihe minlng dlstrlct, and thero
is onough wuler-puwer nt H/co falls
to smelt copper and vetlne pol'd at
many points ln that : portion of tlio
Virginia belt which is lu thls dlstrlct.
ln the Roanoke dlstrlct the Talley falls
have sufllcient water-power to supply
mnny manufacturlng plants. The
Staunton dlstrlct also produces tlne
bright tobacco, whlle tho Birch, Black
Walnut, Mt. Carmel, Boanoke, Staun?
ton and Banlstor dlstrlcts are especi?
ally adapted to tlio ralslng of grain
ahd stock, tho latter ' belng particu?
larly followed with much success iu
the Mt. Carmel and Birch dlstrlcts.
Frults, vegetables and dalry products
nre also produced throughout tho vari?
ous distrlcts, while the cuttlng of tim?
ber, including hlckory, oak, plno and
poplar, Is belng very successfully
conducted. ln minerals the county
has iron ore, slate and copper depos?
its, tho latter belng conslderably
worked. Tho county's minernl 'springs
are noted for their mediclnal valuo,
being of much tho same quality as tho
famous Buffalo Lithia Springs, which
aro only three milos froni tho county's
eastern boundary.
Thero are ten banklng instltutions;
located ln dlfferent parts of tho counS
ty, and theso haye an aggregatn de?
posit of over $1,250,000. i'hoy are all
ln a healthy condltlon, and hava been
important factors in the development
of tho county's commercial and Indus?
trial enterprises. Amplo transporta
tion facllltios aro furulshod by tlio
.Southern and Norfolk and AVestern
rallwaya' and their several branches,
nnd theso wlll bo further Increased by
tho Vlrginian Railway, which pural
lols the Staunton rivor to tho north,
and all of tl^eso affordlng outlets by
tholr connections to overy part of tho
country. The county ls well supplied
with educatlonal Instltutions, having
thlrtoen white nnd liftecn negro graded
schools, three whlto high schools un?
der Stato control. ono lncorporated
whlto hlgh school and two lndepend?
ent negro hlgh schools, nnd all of them
nre belng added to aH the uttendaneo
grows.
Tho history 'of tho county has beon
esneclaily woll treatod by Dr. Morri
son, who has dlvldod his stibjoct-inat
ter Into flvo Important p'erloda which
havo had peculiar bearlng upon lls
people.
i : ?
11 en to (io,
NEW YORK, July 27.?lt Is rumorei
tluit ln Its summer reductlon of ex?
penses requlred by tha Now York Con
trul llnes management, tho Lako Shori
wlll thls month dlspanso wlth the ser?
vlco of a total of 1,000 men employei
in Its llvo largest shops. Ii ln nol
doubtt'd, liowovor, that thls is tem?
porary i tor work that must bo done
wlll nat allow of the long suspeiislon.
(ln ti Strike.
EL PASO, TKXAS, July 27.?Ail the
Auierioah employes ou the Pnrral aud
Purango Rnilroad ln Chlhiiahua
owned by Plttsburg rapitnllsts, aie on
ii sitrlkci for hlgher wuges. Trains ara
movlng. however.
SlfflT LAWS
AS TO BANKING
But lt is Popular With Bankers
and thc Public as
Well.
THE NORTH CAROLINA IDE/s
BALKIGH, N. ('... July 27.?The nev
bnnklug law of Norlh Carollna, pre?
pared by a commlttee of tlie Leglsla
ture of 1903, working Iu conjnnctloi
with a committeo of bankers ap
polnted by tho North Cnrollna Bankers
.Associatlon, seems to ba a good one
for lt Is llked. by tho people as wei
as tho bankers. Under thls law a banl
cnn ho organlzed wlth a capllnl stocl
of $5,000; each stockholdef Is linbh
for nn asaessment to mako good i
loss equal to his holdlngs; tli Ih lndl
vidual llabllity of tho stookholdor l
for hls pro rata amount, and not eacl
for all; tho bank cannot own rea
estate, except for a building In ivhlcl
to do its own buslness, or tomporarll:
to save a debt.
Tho law of 11)03 puts a State banl
ou about tlie samo basis witb a na
tlonal bank Tlie deposltor is wei
protected.
Under ihe new law a State bunk 1
undor the control of the Corporntloi
Commission, whleh grants charter
u'uil appolnts nu oxnmlner, who make
hls examlnatlons Just us doos tho na
tlonal hank oxaminer. Beforo 1903 th
I.eglslnturo granted ull hanU charters
and ench nnd every bank hnd lts owi
pecullar form or charter.
No Ishiie of (urri'iic.v.
No provlslon ls mado for the lssu
of eurreney by the Stato, for the reasoi
tiiat the national govomment control
tiiat by lovyjng a tax of 10 per cont
on ull hnnk notes Issuod by authorlt
l(,|- Stato law. Tbe tax ls prohibltlv.
Spyoral years ago there was conshl
urahlo talk uuout tho constltutlonalit
of tlio m per cent. tax on all ban!
j notes Issued by tho authorlty of th
IState, and un effort was made to hav
jtlin law, roquirlng tlio tax, repealei
but t1'" movoiiiont wns not a popula
.'one. It was discovered during thi
agilutlon that the people pre fer u uni
fnrm bunklng eurreney und don't wan
Mlfforonl klnds of money for ditturou
States. Therefore, tho movement t
jtest tho oonstltutlonaltty of tho lu pe
icent, law, or to havo It rcponled, \:h
lubandoliod, and, cunscquenUy, in mos
Of the Statos there Is no law providim
fpr the Issuo of Stato bank notes. Th
JNorth' Carollna Stato banks,'ns well a
almost all other Stato banks, lu thi
(Contlnued on Socond Pa?re.)
Story Told in Suit Now
in Progress in United
States Court.
MAJ. LEWIS GINTER
WAS FIRST PRES'T
J. B. Duke Planned tlie Trust,
Succccdcd Ginter as Its Head, j
and Now Controls the To?
bacco Industry of the
World With $500,
000,000 Capital.
The still ugninsl the American To?
bacco Company, popularly known aa
the Tobacco Trust, by the United
Statos government now ln progress ln
Now York, ls of widespread Interest to
the people of the whole country, but,
especially is it so to the peoplo of.
Rlc}imond, of Virginia and of North;
Carolina, whero nre 'located Bo many'
plants elther directly or Indlrectly
conlrollod hy the company or lt*
ofllcers,
In no sectlon of tho country ara.
thero so many tobacco plants ln opora-.
tlon aa there are ln Vlrginla and North .
Carolina, and lt ls an interestj-g rtar
rativo to show how these varloua lnde
pendent plants gradually fell under tho>
control of the comblne. and how, wlthln
the last aevonteen years practlcally
tho entire tobacco industry, wlth the
single exceptlon of the manUfaotur
of cigurs, has becomo tho , absolutor
property of the AmSrlcan Tobacco
Company.
lt may bo said that Rlchmonfl waa
the original homo of the organipatlpn,
for the old American Tobacco Com?
pany was the flrst examplo of what a.'
gigantic combinatlon could do, arid th?'
llrst president of thls was Major liOwJ
Clinter, of Richmond, who was kriown.
all ovor .tho world as a manufacturei?
of cigarettes.
Father of Trusts.
To J. B. Duke, of North Carolina,
howeveri belongs tho title of the fathor
of trusts In Amerlcn, for ln hls fertllo
braln was born the Idea whlch ha?
slnce boen adopted by tho great cap
talns of financo throughout America,
?nd whicli has resulted ln placlng aU
Uie great prodpcis, such as steel, iron,
oll, heirip, rubber,. llquor, twlne, and, ln
fact, a hundred others,,ln the control
of practlcally ono bpdy-jb.f rheii. kllllng
Conipt-tltfon, and rillnlng those ind'e- .
pendent business: men who endeayored.
to compete in trade. 'i.'. \ Ti
It Is' interesting to remember that
tho beginnlng of the tobacco trust was
so exceedingly modest, for It Ib a well- ,
known fact that Major Ginter, havlng,
failed in businoss, began wlth Mr.
Allen the manufacture. of cigarettes
on tan oxeeedingly small scale and'
without practlcally any capltal behlnd
tli em. Tlve same story ls true of Mr.
J. B. Duke. for in 18S5. flve years be?
fore the beginnlng of ' the American''
Tobacco Company, tho firm of W. Duke,
Sons & Company, of which Mr. J. B.
Duke was a member, was in dire llnan- ,
clal stralts, aud it was only a ro
dtiutidn of tlio tax on olgarattea at
this tlme that saved tho Duke concern ,
from .bankruptcy. The story of tho
'tobacco trust was told'ln The Tlmes-:
Dispatch of Decembor 7, 1904, at tho
timo when the American Tobacco Com?
pany (old), the . Contlnental, Tobacco,
company and the Consolidated Tobacco
Company were combined undar tha tltlo
of the American Tobacco Company:
(new), but slnce that timo' such start?
ling changes have takep place that it
ts well, In view of the fact that tha'
government is taklng such strenuouS
steps to stop the fast strldes of tha
trust, to tell the story anew.
Ctgarette Trnst.
Shortly after 1885, when the concern,
ln whlch Mr. J. B. Duke was a partnes
had become powerful through tha in?
troductlon of a cheap clgaretto, ten for
flvo cents. the price beforo having,
oeon ten for ten cents, the futuro head,.
of the tobacco trust determlned to
make un attempt to unlte all the groat
cigarette factories of the country. For
nearly flve years Mr. Duko'labored on
thls scheme, but lt was not untll 1890
thnt he succeeded in brlnglng together
Allen & Ginter, ot Richmond; W. Duke,
Sons & Company, of Durham; tha
Klnney Tobacco Company, of New
Vork; XV. S. Kimball & Company, ot
Hochoster, and Goodwln & Company,
of Now Vork. Those live concerna
wera tho original members of the to?
bacco trust, and practlcally controllod
tho entire output of cigarettes in
Amerlcn, producing 85 per cent. of tha
buslness, Tho plun was to charter a
company to bo known as tho American
Tobacco Company, undor tho laws of
Vlrginla, but thls plan wan defeated
by tho actlvlty of Mr. Hai Flood, then
a monitior of the General Assembly.
The blll grnntlng the charter was
passed on December 18, 1889, but tho
next day, December 19th, Mr. Flood
offered a resolutlon leuuiting th
keeper of tlio rolls to wlthhold tli
blll. und on PeOember "Olh, Mr. Floo
offered a bill lvpeullug tlio act whi
granted tlio Aniciicuii Tobacco Co
pany a uharter. This ropeal meas
was flnnlly passed on February M, lijj
Thln actlon ol'1 the Ueglnhituro, J
by Mr. Flood, has kept much bustif
oui ot' tho Htalo of Virginia, andj
io a great extont deprhed tho __Li
ot a largo amount of revenue. SCL
true that foreign corporations pm 7
Stato n charter tax'aiul other fe?
thn fact remalns that had tho
can Tobacco Company boon v\'i
under the lnwa of Virglnla t._
would havo recelved lu taxes t;^"-?"'
compnny slnco 1903, whon "___?
corporntion laws wont Into
less than $105,725 ln addltl
amount that ls now pald
would have uvoraged $21,14.
and would have pald tlie^ain, "?*-/
the Uovuntor of Virglniu ii~"~'l
tnry of the CommonweklWpOlT \rt~r?)
tor, thfi Treasurer. tho .84% irtr* A
the Comniissioncr. of Insi-QO^ alL,{l
Couiniisaioner of Labor. ,"'' W
Orlgluul Cow .. f
In January, 1890. thnpn t W.'
chartored under tlie le'"*"1* ' fH|
uey wlth 826,000,000
w
it which was ulght
flaia S?;XchflM
?*e 164anC