Library
OF THE
University of NortH Carolina
This book was presented by
Members of the family of the late
COL. A. B. ANDREWS
Jlmij^''-
UNIVERSITY OF N.C. AT CHAPEL HILL
00032740589
This bookmust not be
taken from the Library
building.
.#^
PROCEEDINGS
\ 4
FIFTEENTH ANNl^L MEETING OF THE
^t0Jffelt0hUt!3i
NORTH CAROLIM RAIL ROAD COMPANl
HELD AT RALEIGH,
Thursday, July 14, 1864.
a
-n
RALEIGH:
PBIKTED At THE INSTITUTION POB THE DEAF AND DUMB AND THE BLIND. \
1864.
^! fpP
»
*^*
i*^j:'!!'
«>KSil>5%i*S!Stt*ft^->-- ^—»^-. -^-..-w'l
PROCEEDINGS.
Raleigh, N. C, July 14, 1864.
The Fifteenth Annual Meeting o£ the Stockholders of
tlie North Carolina Rail Road Company assembled, this
day, in the Commons Hall, at 11 o'clock, A. M.
On motion of Gov. Morehead, D. M. Barringer was
called to the Chair.
On motion of Wm. Murdock, F. A. Stagg and Edward
R, Stanly were appointed Secretaries.
^
I
The committee appointed, at the last meeting, to verify
\ proxies, reported through their chairman, George W.
I
Mordecai, Esq., that 2,165 shares of stock were repre-
I
sented in person, and 4,308 shares by proxies, and that
; more than 1 00 stockholders were represented in person
or by proxy. The meeting, therefore, was declared duly
I organized and ready for business.
I
Ralph GorrelJ,' Esq., presented his credentials from the
> Governor, authorizing him to act as State proxy for the
\ ensuing year.
\ On motion the several reports from the board of di-
;: rectore, the committee on the sinking fund, the finance
i committee and the committee of examination were read,
I
received, and ordered to be printed with the proceedings.
• On motion of R. S. Tucker, the meeting proceeded to
^ elect four directors for the ensuing year.
\ On motion of the same, Geo. W. Mordecai and D. A.
\ Davis were appointed to superintend the election.
I The vote ha^-ing been taken, the committee reported
\ the whole number of votes cast 6,220, necessary to a
\ choice 3,111 votes. Thomas Webb received r5,950;
{ Giles Mebane, 5,-336 ; John L. Morehead, 5,380 ; P. C.
[41
Cameron, 6,065 ; scattering, 2,149. The above gentle-men
were declared duly elected for the ensuing year.
The following resolution was offered by Archibald
Carter.
Ordered, That the directors of this company be di-rected
to abrogate and rescind all contracts, that they
have made with the,Southern Express Company for the
carrying freight and other matter and things, and that
they correspond with the authorities of the railroads
from Richmond to Columbia, and make some joint ar-rangement
for performing all the duties now performed
by the said Southern Express Company, and if they can
not make any fair contract or arrangement with said
''^companies, that the directors be directed to have all
freight and other matter transported under the control of
the officers of their own road.
The following was. offered by Kemp P. Battle, Esq.,
as a substitute to Mr. Carter's resolution, which was ac-cepted
by Mr. Carter, and upon the vote, bein^ taken
was carried.
Resolved, That the president and directors of this
company be instructed to correspond with all the con-necting
rail road companies in tho Confederacy, with a
view to organize a rail road express company, to be com-posed
of rail road compa»nies.
By Thomas Webb
;
Resolved, That the directors of this company be re-quested
to institute a local express on this road, and that
the Southern Express Company be forbidden to carry
any article over this road, unless it comes from anotner
road, or is to go to some other road. Passed.
• By Ralph Gorrell :
Resolved, That the compensation allowed the commit-tee
of finance and the directors of the North Carolina
Railroad, be increased to thirty dollars for each day, in
which that shall be engaged in the service of the com-pany,
and that compensation shall have a retrospective
operation so far as the committee of finance is concerned
^or twelve months.
[5]
On motion of R. S, Tucker, the meeting adjourned
until five o'clock, P. M.
AFTERNOON SESSION.
The meeting was called to order and the resolution of
Mr. Gorrell taken u[..
Dr. IJolt moved to amend Mr. Gorrell's resolution, by
striking out increased compensation to directors, which
was lost.
George .W.Mordecai, Esq., then moved to amend so as
to include the examining committee, and Mr. Gori-ell's
resolution as thus amended was passed.
By George W. Mordecai
:
Resolved, That the salary of the presidenic of the North
Carolina Rail Road Company be fixed at six thousand
dollars per annum, and that of the treasurer at five thou-sand
dollars, commencing June, 1863, and that the se-cretary
be allowed four thousand dollars, connnenciog
April, 1S64, and that the same salaries be continued un-til
further order of the stockholders. Passed.
By Dr. Holt
:
Resolved, That the name Company's Shops be retained
as the name of the Work Shops, and appendages of the
North Carolina Railroad. Passed.
By Ralph Gorrell
:
Resolved, That the president and directors of this road
be requested hereafter in their annual leport to the
stockholders, to set forth the names of all officers and
employees m the employment of this company, with an-nual
salaiy attached to each. Passed.
By Wm. Murdock:
Resolved, That the president and directors of this
company be authorized to subscribe to the capital stock
of the Chatham Rail Road Company a sum not exceed-ing
two hundred thousand dollars. Passed.
By Kemp P. Battle
:
Resolved, That a committee of three be appointed to
correspond with the various railroads on the subject of
\ ^ ]
procuring a charter of a "Railway Importing and Ex-porting
Company," and to memoralize the next General
Assembly on the subject. Passed.
The following gentlemen were appointed committee:
Thomas Webb, John M. Morehead and P. C. Cameron.
On motion of Dr. Pride Jones, the resolution of Thos.
Webb, respc^.tiug the, express company was r(?scinded,
and the following oftered by Thomas Webb, passed in
its place.
Resolved, That the president and directors of this com-pany
be requested to institute and establish as soon as
practicable a local express upon the North Carolina
Railroad.
On motion of G. W. Mordecai, Esq., the same commit-tee
of finance and examining committee were appointed
for the ensuing year.
On motion of Mr. Thos. Webb, the following gentle-men
were appointed a committee to verify proxies the
ensuing year: D. A. Davis, A. Myers, J. I. Shaver and
Wm. Murphy.
By George W. Mordecai:
Resolved, That the finance committee be instructed to
examine into the general accounts and books of the com-pany
as well as those of the treasurer, and see that they
are properly kept and report to the annual meeting of
the stockholders. Passed.
On motion the thanks of the meeting were tendered
to the president and secretaries.
On motion the meeting adjourned sine die.
D, M. BARRINGER, Chmrman.
F. A. Stagg, > o , •
E. R. Stanlx. )
Note.—The following gentlemen were appointed by
the Governor directors on the part of the State for the
ensuing year: W. C. Means, of Cabarrus ; D. A. Da^is,
bf Rowan; Cvi'us P. Mendenhall, of Guilford; John
I n j
Everett, of Wayne; John D. Flanner, of Craven ; RufuS I
S. Tucker, of Wake ; C. W. D. Hutchings, of Wake, 1
and John Berry, of Orange. '
\
The sixteenth annual meeting will be held in Salis- ;
bury, the second Thursday in July, 1865. I
BOARD OF DIRECTORS' REPORT.
Office of the North Carolina R. R. Co., )
Comjyany iShops, July 6th, 1S64. )
In accordance with the requirements of the Charter,
the Board of Directors have the honor to submit the fol-lowing
report, showing the operations of the Road for
the fiscal year ending 31st May, 1864.
The President's Report shows the operations of the
the Road in full ; that of the Chairman of the Sinking
Fund gives full information in regard to that important
branch of our Finances. Elaborate tables have been
made up with great care to show the operations of the
Road in detail.
A Dividend No. 7, of 15 per cent., has been declared,
the time of payment will be announced by the President
and due notice given to the Stockholders through the
public press.
^^^^^^i^^^^i^^wS^^^^^^^^^i^^^
9]
PRESIDENT'S REPORT.
Pkesident's Office N. C. R. R. Co., )
Company Skops^ July 6th, 1864. 5
To the Board of Directors:
Gektlemin : I submit to you the Fifteenth Annual
Report of the operationa of the Road for the jear end-ing
3l8t May, 1864.
earnings from all sources.
From Passengers, other
than Troops, $851,483 40
From Government Pas-sengers,
695,709 27
Prom Freight—Private, $609,316 35
From Freight—Govern-ment,
743,680 91
From Freight—Southern
Express Ompany, 292,175 75
$1,547,192 67
From Interest, $6,741 08
From Maik, $96,375 00
Prom Shops, $19,641 62
Prom Rent, 8,166 16
$1,645,073 01
$33,116 08
$21,697 78
Total earnings, $8,247,079 54
[10]
Transportation,
Maintenance of Road,
Maintenance of Cars and
• Machinery,
Tax,
Interest and Premium on
Bonds,
EXPENSES.
$293,554 34
108,558 76
35,171 86
33,747 09
Rent of Cars and Engines, 109,980 50
Hand Hire.
Loss and Damage,
Salary,
Supply Account,
Purchase of Engines,
181,698 89 ,
115,617 07„
49,546 99
462,286 82
46,000 00
\,-y
Nett Earnings,
Compared with last year
—
G-ross Earnings—31st May, 1864,
«' c; u « 1863,
Excess this year, ' r.vJ,80.;
.
Nett earnings this year,
" " last "
Excess nett earnings,
- $1,637,658 01
$1,609,421 53
$3,247,079 54
1,649,935 26
$1,597,144 _28
$1,609,421 53
'"to**!*^- $590,678 37
FiNAifCiAL. :3^sialm<n%
The Treasurer's statement sets forth particularly all
disbursements made during the year and includes not
only payments for actual working expenses, but also
large amounts for purchase of cotton, coupons, real
estate and dividends. .
In consequence of the Act of Congress regulating the
currency passed in February last, under, your instructions
[11 ]
I invested all the money, we had on hand on the Ist of
April, in bonds and stocks; and the item of cash in hand
on the l8t of June, Treasurer's account, amount $713/'
OOG 01 includes— d :ui' iiX9'jfi«Iiid ]fi
7.30'8C.S. Bonds at average premium of $1.10, $177,300'-'
7 and 8 per cent. Coupon C. S. Bonds average '*^
premium of $1.12, 58,500^'
4 per cent. Certificates, 1 atboiuqeiq aifi 270,500
• .Tptal ampunt of Bonds and Certificates, $506,300
On the 22d of March the Board directed that the Com-n.
pany should pay the Confederate Tax on Individual
Stock, and that three times the amount of that tax should
be paid to the Treasurer of the State in four per cent.-,
< Bonds of the Confederate States. Under that resolu-
^ tion, $100,000 has been paid to the Treasurer since 1st
• June. Though we have been ready at all times to pay
the tax, and have urged upon the Collector to receive the
same, yet he has not collected it, as he has received no
instructions. I had hoped also to avail ourselves of that
opportunity to dispose of a considerable amount of five
dollar bills which we had received at par, and which
now will be subjected to a discount of one-third.
This derangement of the currency has operated seri-ously
against us. The Confederate Government owes
us a very large sum foi' transportation, amounting to over
$650 000. Yet since the 1st of April we have only re^
ceiyed from that source $150,000, and in our repeated
applications for money we have been answered that there
was no money on hand.
When it is considered that our monthly expenditures
are now about $200,000, and 'that our duty to the Go-vernment
requires us to give thorn almost the exclusive
use of the road, thus depriving us of our ordinary revenue
from private freights and passengers, it is not a matter of
astonishment that we have hot been able to pay our ordi-nary
expenses without recourse to loans, which have
\
been made on two occasions. And although we have an
j
apparent large balance in the hands of the Treasurer, yet
\
consisting of bonds, we cannot make them available at I
present for payment of debts. We hope, however, every f
day to hear from the accounting officers of the Govern- I
ment that they are prepared to liquidate our accounts. 5
Two Dividends have been declared during the year i
one on the 15th of July of ten per cent., the other 1st of
|
February of six per cent.
\
Agreeably to the resolution of the stockholders at ^
their last annual meeting, we have purchased eight hun-
^
dred and sixty-five bales of cotton, weighing three hun- \
dred and sixty-five thousand eight hundred and forty-four I
pounds, at an average cost of fifty-four cents.
^
This cotton is now stored, and well secured under
good shelter.
| TRANSPORTATION. \
The number of passengers other than soldiers ',
carried over the road has been 228,522 I
Number of soldiers and government agents^ 166,172
Whole number of passengers carried, 394,694
Compared with last year
—
I
Number of passengers other than soldiers, 210,987 i
»« " soldiers and government agents, 102,526
j
Whole number last year, 313,513 j
Excess tills year) 81,181 \
And we can proudly say, that under the blessing of
\
God, not one of this vast multitude has been in the slight- j
est degree injured by any fault or carelessness of any of
|
the servants of this Company. Three soldiers have lost
I
their lives in attempting to jump on the train while it i
was in motion. \
[ 13 1
Earnings from private freights have been
—
Amount carried East, $245,944 69
•' West, 363,371 66
$609,316 35
Government Freight, 743,580 91
Southern Express Company, 292,175 75 .
$1,645,073 01
Total amount freijit earnings last year, 634,422 46
Excess this year, $1,0 10,650 55
It is needless for me to say that the road has been
veorked to its utmost capacity with our present means
;
for by a careful examination of the statements above set
forth, and the fact that w^e have had no more engines and
but few more cars than in the preceding year, it will be
at once perceived that your employees have worked
faithfully, and are entitled to the commendation of their
superior officers.
Our locomotives are in much better order than they
were at the commencement of the war. One has been .
entirely rebuilt, and with pride and pleasure we can
point to the "Governor Morehead," and defy any road
in the South or elsewhere, to show an engine that will
surpass her in its appearance or performances.
During the year most of the engines have been thor-oughly
overhauled and repaired, nearly all of them have
been refitted with new tyres of our own construction,
and our experience* satisfies us that the chilled tyres of
"Company Shops" are fully equal, if not superior, to
the "Low Moor."
We hav6 not built any coaches during the year : suita-ble
material for their construction cannot be obtained.
We are deficient in this part of our equipment, and many
on the road require renovation. Two have been thor-
[U]
oughly repaired and refitted. We have built twelve new
box cars and four new flats. We have purchased fourteen
new box cars and as rapidly as possible intend building
others. But we find great difficulty in procuring raa-
; terial absolutely necessary, and when obtained it is at
very great cost. Before the war we could build a good
box car for four hundred and fifty dollars, now it costs
; about eight thousand dollars.
ROAD. ^
!
'. The road is now in admirable condition with the ex-
I jception of bad rails. I say without hesitation that the
; :road bed itself is in better condition than it ever was.
[ It is Vk'ell ditched and much of it, especially bad cuts,
hiis been well gravelled.
We have kept two trains constantly at work, and
some fifteen or twenty miles have been ballasted during
the year; and this work is to be carried on until the
\ \yhole road bed is covered. Its beneficial effects have
'. been manifested. But few cars have been run oft' during
i th^ 'year, and not a single engine has been off* the track.
I Much work has been done to the bridges ; several of them
/ have been thoroughly repaired, and a large force is kept
^ constantly on that work. ' """ _*
\ BUILDINGS AT SHOPS.
I
During the year we have erected seven dwellings for
I our employees at this place, and four good log-houses for
\ negroes. Many more are needed, and will be erected
i; when we can conveniently do so. The comfort of the
I men and their families has been greatly increased.
; We still need those two great pioneers of civilization
\ —school-houses and churches. Much complaint exists
I among those w^ho are compelled to live here, that their
I children are growing up in ignorance and sin. I know
\
not what course to recommend; but certainly something
; f 15 ]
ought to be done to take away this reproach from us. ,
'. Here is a population of three hundred ptMsons, who
live in a Christian land, and yet they never hear a prayer
nor a sermon, and that not from any fault of theirs.
The round house for the protection of your engines has
not been built. However the brick has been made, and
we hope before the next winter that a sufficient portion
of it will be completed.
The passenger shed at Raleigh has not been built, sim-ply
because we could not obtain the lumber. A plan
for a joint shed with the Gaston road has been agreed
upon, and a large portion of the luinber cut at our own
mill; but the demands of the government for lumber to
build warehouses and hospitals has been so great that
we have not been able to obtain what we need. It is
hoped, however, that we will have it completed before
the ensuing winter.
WOOD AND WATEli.
The })olicy adopted last year in purchasing land fo^
procuring wood and cross ties has been proved to be a
wise on3. All the wood used between the Shops and
Raleigh, and much- on other portions of the road, has been
procured off your own land. We are now using about
twice as much wood as at any former period—the con-sumption
is enormous. I am sorry to say that we haVe
but a tolerable supply; and if the government takes
from us all the men liable to military duty, who are now
engaged in getting wood and ties, the road will .be seri-ously
crippled, if our trains are not compelled to stop.
Our supply of water on the Eastern Division is abun-dant.
Owing to increased transportation in the Western
Division we have often been delayed for the want of wa-ter.
Arrangements have been made to obviate the diffi-culty
; and new tanks have been erected six miles
Lifi]
from Charlotte, and at McLean's. One is also ready to
put up at Yadkin River, into which the water will be
conducted through pipes. We have also increased our
supply at Concord, using a Hydraulic Ram.
LOSS AND DAMAGE.
This item of" expenditure for the year appears and is
very great. Fire, theft, and water, have been our great
enemies. And as we have to pay market price for every
thing lost or destroyed, a few articles amount to a large
sum. The government formerly charged us with actual
cost, but now it makes us pay market price.
Fire has been the cause of our principal losses. Many
articles have been damaged by rain through leaky cars,
especially tobacco. The loss from theft is great ; but it
will now be much less as we have our cars in pretty good
repair, having locks for the doors, and also hold the Con-ductors
responsible when there is any reason for it. But
manage it how you will, this will always be one very
considerable item of your expense.
PIEDMONT RAIL ROAD.
Since the completion of this work in May, and for
some weeks previous, a targe proportion of government
freights have been carried to Greensboro' only. A large
proportion of the travel also takes that route. So far as
freights are concerned, we will lose nothing, as we can
make two trips to Grreensboro' from Charlotte while we
are making one to Raleigh. Yet our passenger trains
run the whole length of the road, and as passengers teke
the nearest route we will loose some revenue from them.
I think the connection an advantageous one for our inter-est,
whilst its benefits to the Confederacy are incalcula-ble.
At this time the enemy having possession of the
Petersburg Railroad, our line is the only one that cao
carry those vast quantities of stores requisite to the BXtp-
I 17]
port of that noble array who are so successfully battling
for our very existence.
CONCLVSION.
Permit me to congratulate you upon the success of
your road. We are now returning to the State and the
stockholders regular semi-annual dividends of handsome
amounts. Your road and its equipment is in good or-de?—
inferior to none in the Confederacy. But it is not
only in a pecuniary vi€w that renders it valuable to you.
Its importance to our country cannot be calculated.
Being one of the main arteries by which the army is sus-tained,
our destruction would be its destruction, and
that gallant band of heroes, who now in Virginia are
stemming the angry tide of battle and keeping from our
immediate homes the desolations of war, would be forced
into our midst, and the time of our redemption would
be prolonged.
Respectfully submitted,
THOMAS WEBB.
[ 18]
/ ' i.ooi/a ^rf^ .^INKING FUiYD.
REPORT' OF THE COMMITTEE ON THE SINK-ING
FtfND, TO THE BOARD OF DIRECTORS
OF THE NORTH CAROLINA RAIL ROAD
CO^^#fl^,,, i.UiO'f/
By reference to the Report of the Committee of last 1
year, made to the Board of Directors, and through the |
Board to the Stockholders at the annual meeting at I
Greensboro', July, 1863, it will be seen that the sink- !
ing fund at that time amounted to $213,768 50, and \
that amount was then turned over by the Committee of
that year through its Chairman, Ralph Grorrell, Esq., to ^
C. P. Mendenhall, Chairman of your present Commit-tee.
The past year has been one of very great difficulty
in managing trust fund and individual investment, and
owing to the great fluctuations in the value of Confede-rate
securities, your Committee have deemed it prudent
to avoid as far as possible investing the increase of this
fund in Confederate bonds. It will be seen by the state-ments
in this report that while the amount of the fund
has been largely increased, the investment has been in
North Carolina bonds, except the amount paid over by
the President of the road to your Committee, under the
act of the Assembly and Orders of the Board, requiring
an appropriation of twenty-five thousand dollars out of
the earnings of the road annually for this purpose. This
payment was made in eight Confederate bonds, which
[19]
was the best form of payment the Road had the power
to make.
The sinking fund now consists of the following secur-ities:
j "^O ^.. .J -J do XJIO^VIU
58 North Car. old 6 per cent Bonds of $1,000 a $58,000
30
[20]
ot 9f{.-f "io a; a fai:i;!l
REPORT OF COMMITTEE OF INSPECTION.
To the Stockholders of the
North Carolina Rail Road Company:
Gentlemen: Your committee of examination have
endeavored to discharge the duty assigned them, and beg
leave to submit the following report as the result of their
observations
:
^
CULVERTS AND BRIDGE MASONRY.
Two of the culverts, near Raleigh, have given way
during the past year, proving but too conclusively the
correctness of a previous report. The culverts, west of
the tirst division {terminating six miles west of Raleigh,)
generally answer well the purpose for which they were
erected. Your bridge masonry remains very inuch as it
was two years ago ; ami although, as then intimated,
some slight repairs at a few points, would be beneficial,
yet it is all ssd'e and substantial.
BRIDGE SUPERSTRUCTURE.
Yadkin bridge, the most important on your line, has
b«'en thoroughly o'^Uauled and repaired; a new roof
has been put on, and new stringers and stringer plank
put under track. Walnut ceek, Back creek. Haw river,
East Buiiiilo, Leonard's creek. North Potts', Irish Buf-tiiio
Caudle creek, and Rucky river bridges have all been
uv. I. led, and -it'e aow in good condition, with the ex-
1 tiiat some 'of them require new stringer plank
Mvk N; use fiver, Jimmie's creek, Rich Fork,
ill in good order, with the excep-
Crabtj -. Stony creek, Upper and
[21]
Lower Eno require new roofs, and new stringers under
track, otherwise in good condition. Abbott's creek
bridge has two defective floor beams, otherwise in good
order. Little river bridge requires new wall plates at
one end; West Buffalo is now being overhauled.
ROAD BED AND TRACK.
Notwithstanding the increased number of heavy trains
passing over your road, the road bed and track are gene-rally
in better condition than hitherto, showing conclu-sively
the favorable effects of several causes; namely,
the previous years increase of section masters and hands,
the reduction in speed of trains, and the remarkably fa-vorable
weather of last winter. More ballasting has
been done, and the ditching is generally in better condi-tion
than heretofore. The alignment of track and cross
section of same are generally good ; with the exception
of the iron, some of which has become laminated and
requires renewal, the track is in good condition.
Complaints have been made to your committee, re-specting
the bad condition of some cattle guards and the
impassable condition of a public road bridge over the
railroad near Lexington ; we, therefore, recommend im-mediate
attention to this matter and the avoidance in
future of any thing causing discontent and irritation,
when it can be remedied by a prompt compliance with
a duty that milst be performed.
WARE-HOUSES.
Some of your ware-houses have been repaired, and the
drainage improved. More repairs, and better drainage
are necessary at some points. The joint ware-house, at
Charlotte, has been divided ; and its good effects seen in
the neatly, improved appearance of the interior, and
we doubt not, felt by the company in the diminution
of lost goods. More room is needed, at this point,
• [ 22 ]
for the accommodation of freight. In the vicinity of
this station there is much cotton lying scattered in a
very bad condiiion ; said cotton is not only v^asted, but
made a nuisance and subjects your property at that
point to great danger from fire. If it has been brought
there for shipment over the road, it ought to be given as
quick transportation as possible, and if not brought for
that purpose, it ought not to be allowed to be put so
near your depot. At Greensboro' a nev^ joint v^are-house
will be necessary as soon as the Piedmont railroad
makes a proper connection with yours. We are grati-fied
to find that the loss sustained by you on account of
lost or stolen goods, is very much diminished; audit
also aflords us much pleasure in being able to state, that
theie is a marked improvement made generally by your
agents at ware-rhouses in the arrangement of freight and
the neat, clea;nly manner in which the interior is kept.
There is still room for improvement at several, especially
around the builaings. At Mitchenor's or Sinithfield sta-tion
every thing within and without shows order and
cleanliness, while at Durham's depot things otit-doors
are, apparently, under negligent treatment.
PASSENGER ACCOMMODATION AT STATIONS.
At Salisbury the passenger trains now pass through
the joint passenger shed, adding much to the comfort as
well as convenience of the traveling public. As stated in
a previous report many passengers are compelled to lie
over here, awaiting the trains; more room is necessary
for their accommodation ; a small expense would make
tli'e empty wood station answer the purpose. At Hills-boro',
Charlotte, Goldsboro', and Raleigh, things remain
very much as they were last year, except that the drain-age,
at the last named place, has been improved. From
the completion of the Piedmont road, the passenger ac-
[23 1
commodation at Raleigh will not require to be made so
extensive, while a joint passenger shed will be very
much needed at Greensboro'.
WOOD A N D W A T K R .
The gnpply of wood 'appears short betwixt Raleigh
and the Shops. The supply of water has been increased,
and several new tanks have been erected, and others are
now building.
ENGINES AND CARS.
Your engines are well kept up, and are generally able
to do efficient service, except some that are now being
overhauled. Since your last meeting one engine has
been entirely built, and named the Gov. Morehead; an-other
is now being re-built. The work done on these
eno-ines is both neat and substantial, and reflects much
credit on your master machinist, Mr. James Anderson, J
and the machinists under hhn.
While both freight and passenger cars have received
extensive repairs, and some new ones have been built,
we think that they are still insufficient for the business
of the road, and the passenger cars seem to be propor-tionally
in worse order, more especially a-s regards clean-liness,
than any other department on the road.
WORK SHOPS.
Much has been said in previous reports respecting the
vast importance of this department to the successful
working of your road ; all of which has been fully verir
fied. Without this establishment, your trains would
soon stand still. It cannot, therefore, be watched with
too much vigilance or its interests nursed with too much
care.
At your last annual meeting, you authorized the build-ing
of a round house for stabling the engines, and more
quarters, for the accommpdation of hands; not only has
[24]
this resolution failed to appear in the published proceed-ings
of your meeting, but the round house has failed to
be erected ; the reason of the former we do not know,
but the difficulty of obtaining material has been the
cause of the latter. Some additional quarters have been
built.
The ability shown in the foundry, the mechanism dis-played
in carpenter department, the skill manifested in
the machine shop, and the art exhibited by the painter,
together with the order and energy with which the whole
is directed, satisfy your committee, that, if properly sup-plied,
this department can furnish the road with every
thing it requires, from a broom-handle to a first-class
engine.
Before closing our report, we cannot refrai* from ex-pressing
our gratification at the present general good
condition of your road, with its appurtenances, and the
harmony that seems to prevail amongst your officers and
employees. In these times of trial, when supplies of
every kind are so difficult to be procured, it must be
gratifying to every stockholders, that, when thrown upon
I its own resources, your road has been enabled to sustain
I
itself so well, and render such a vast amount of services
I
to our bleeding country.
\ Hoping that your rpad may continue to improve, and
I that your officers and directors may be enabled, to render
I
increased accommodation to our government, as also to
I our citizens generally,
I We remain respectfully,
\ Your obedient servants,
\ WM. MURDOCH,
I JOHN M. MOREHEAD, )> Com.
WILLIAM R. HOLT.
AD,V
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^3
[26]
TREASURER'S
P. B. RUFFIN, TREASURER, IN ACCOUNT CURRENT WITH THE NORTH
To Cash on hand, June 1, 1863,
" " received on Transportation Account,
" . '• *« Rent
«« Shop
" " " Sale Tan Bark
«' «« «« Supply
" " " Loss and Damage
** " " Interest
«« " " Bills Payable
i 4C5,3C7
2,457,592
1,967
3,866
1,950
35,649
809
6,032
50,000
69
13,023,234
To balance on hand, June 1, 1864,
This balance consists of 7 and 8 per cent.
ConfederateStates Bonds, $ 58,500
7.30 Confederate Notes, 177,300
4 per cent. Confederate Certificates, 270,500
Cash, 206.706 01
J 713,006 01
$ 713,006 01
[n]
STATEMENT,
CAROLINA RAIL ROAD CO. FOR THE FISCAL YEAR ENDING MAY 8J, 1864.
By Cash paid
[ 28
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3:3
LIST OF STOCKHOLDERS.
A'iuno.^.
3.-.
Name yames.
Elkin, Willis
[ 36 1
^ JVames.
37 ]
JS'ames,
Johnston, Lydia
Johnston, Charles W.
Justice, J. C.
Johnston, Milas W.
Johnston, Albert
Jones, Cadwelder (Adni'
Johnson. William D.
Kerr, D. Wt^
Krimniinger, L. B.
Kerr, Samuel
B^immoiis, Samuel
Kerr, Dr. Samuel
Kirkland, John U.
Kahnweiler, David
Kahiiweiler, S. B.
Kidder, Edward
Kahnweiler, Daiuel
Kentifdy, Thomas
Kane, Jo[m
Kennedy, J. E,
King, Elam
Kelly, Charles
Kerr, Samuel JI., (Adm'r
Kirkiuaii, Lcven
Kerr, Martha J.
Klutts, George
King, Elam, (Guai'diaii,j
Long, J. .M.
Lei taker, Daniel
Lindsay, Andrew
Lambetia, Jane
Lambeth, Shed li.
Lambeth, D. T.-
Lambeth, J. W.
Lambeth, John H.
Lambeth, Francis S.
Logan, J. B. & J.
Lambeth, A. C.
Lindsay, Jed. H.
Lindsay, Jesse H.
Leonard Jonathan
Leonard, C. H.
Lamb, C. & J.
Lamb, Anderson
Latta, John C.
Latimer, C. M.
Lynch, Thomas
Leslie, Robert
Leach, M. W.
Leach, L. M.
Lippitt, J. J.
Lane, William K.
.Sha>-(
r,)
•(c.
[38]
Nanus,
>»
40 ]
Tho!n-is, John W.
Thomas, Jesse
Turner, Wilford
Thorn, John R.
Taylor, Fisher B.
Thorn, John W.
Thacker, Isaac
Thornton, Thomas
Tinnen, David
Ti linen, C. C.
Turner, Josiah
Turrentine, J. C.
Trott, S. S.
Tate, Samuel N.
Turner, Samuel
Taylor, J. A.
Tucker, W. H. & R. S-Turner,
Henry D.
Turner, Thomas
Turrentine. Samuel H.
Tull, John G.
Thompson, W. ET ^i
Townsend, A. *'"
Upchurch, Bartley
Upchurch, W. C.
VanBokkelen, A. H.
"Walker, Morgan A.
White, S. A.
Watson, E. F.
Williamson & Co., J, E.
White, Samuel M.
Watkins, Samuel
White, C. N.
White, J. W.
White, Adeline W.
White, H. B.
White, C.L.
WinekoflF, J.
White, R. J.
White, P. P.
Winecoflf, M.
White, A. M.
White, V. D.
White, J. P.
White, W. CO.
Widenhouse, M-Wilson,
Isaac
White, A. B.
Winecofl', R.
W.atts, W. F.
Wharton, A. C.
Williams, Francis
Welch, Vf . H. & J.
Welch, Jonathan
Watson, J^S.
Wharton, John
WhartoD, J. (J.
Shares.
152
1
18
7
9
1
20
1
1
2
2
5
53
15,
Names.
Wiley, Shannon
Weir, D. P.
Wilson, William
Wilson, Andrew
Wharton, Elisha
Westbrook, S. W.
Wilson, Archibald
Winborn, W. A.
Wharton, Daniel
Wharton, Watson W.
5|Whitt,David
2 Worth, Joseph A.
4o!Woodburn, A. C.
o/.JWeatherly, Joseph A.
" Wilkinson, John
Watson, John
Webb, Thomas
Wilson, Alexander Jr.,
Wilson, Alexander Sr
,
Ward, William Sr.,
Wilkins, Edmund
Withers, Thomas
S^Whitford, John D.
1 (White, J. D.
inlWood, W. A.
'"Wood, D. B.
Wood, T. S.
Wood,lH.
Wright, W. A. "
-1 Wright, Thomas H,
Worth, T. C.
Watson, J. W. B.
Washingtou, Richard
Wilson, Samuel M.
Williams, Alfred
White, J. B.
Williams, John R.
Womble, Jordan
Woodal, A. P.
Williams, H.
Wilkes, John
Washington, John C.
Wooten, Council
Wilkes, Edmond
White, George W.
Widdington, W. A.
Wilson, Thomas J.
Walker, Sarah
Worth, Daniel
Williams, Sarah A.
.White, .James C.
^IWebb, James
fjWebb, J. & J.H.
^M Williams, Lewis S.
] I Wilson, R. W.
^iTonng, R. S.
^^1 Young, J. C.
^^lYork, A. J.
^Yokeley, Samuel '
J Young, Th'/mas M.
!j
[Young, Thomas
l|Yonng, Moses D,
I
Yates, C. G.
*Zachary, Eliza J.
Shares.
2
27
1
5
1
1
4
14
7
5
1
I
1
1
1
1
41
1
5
1
6
.5
13
2
1
1
1
1
5
10
5
50
34
5
3
1
1
2
1
2
62
15
2
9
1
3
5
2
1
5
5
30
'l
5
1
6
y
5
/v