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ANNUAL REPORTS
PRESIDENT AND DIRECTORS,
AND THE
CHIEF ENGINEER AND SUPERINTENDENT
OP THE
wmmi m ildon rail road coMPAiiy,
WITH THE
Proceedings of the General Meeting of Stockholders,
NOVEMBER 21ST, 1866.
wiXiis^iisra-TOisr, isr. C:
ENQELHAKD & PRICE, STEAM PO'W'EB PBESS PEINTEK3,
J0T7ENAL BUILDINGS.
1866.
OFFICERS FOR 1SG6-''G7
ADMINISTRATIVE DEPARTMENT.
PRESIDENT :
R. R. BRIDGERS.
BOARD OF DIRECTORS,
ELECTED BY THE STOCKHOLDERS I
P. K Dickinson,
S. D. Wallace,
Eli Murray,
W. A. WrighTj
Alfred Martin,
John Everitt,
A. H. VanBokkelen
appointed by the state :
Edward Kidder, John Norfleet, Tho?. D. Hogg.
J. W. Thompson, Secretary and Treasurer:
executive department :
S. L. Fremont, Chief Engineer and Gen'l Superintendent.
Wm. Smith, Master of Transportation.
John F. Divine, Master of 31acliinery.
John Crone, Master of Road, Northern Division.
Elisha Green, Master of Road, Southern Division.
W. Gr. MacRae, Master of Supplies and Storekeeper.
Gr. L. Dudley, General Freight Agent.
W. M. PoissoN, General Ticket Agent and Clerk.
STANDING COMMITTEES FOR 1866-'G7.
FINANCE
:
E. R. RiiiDGERS, President,
W. A. Weight and John Norfleet, Directors.
EXECUTIVE:
S. D. Wallace and Alfred Martin, Directors,
S. L. Fremont, Chief Eng. and Sup't.
TRANSPORTATION DEPARTMENT :
EciVARD Kidder and Tiios. D. Hogg, Directors,
•S. L. Fremont, Chief Eng. and Sup't.
MACHINERY DEPARTMENT
:
A. H. VanBokkelen and Tiios. D. Hogg, Directors,
S. L, Fremont, Chief Eng. and Sup't.
ROAD DEPARTMENT:
John Everitt and Eli Murray, Directors,
S. L. Fremont, Chief Eng. and Sup't.
The President ex-officio ChaJnu.-i of all Committee?.
PRESIDENT AND DIRECTORS' REPORT.
To the StochJioIders of the
Wilmington and Weldon Rail Hoad Company :
Gextlemex :—The Board of Directors charged with the
general management of the affairs of the company_, during tlie
past official year, heg leave to submit the following report
:
For an exhibit of the business and general operations of the
company, its finances; property and present general condition,
we refer you to the extended report of the Chief Engineer and
General Superintendent accompanying this, which together
with the report of the Treasurer, will furnish full and detailed
information on the important subjects referred to.
The very large and extraordinary expenditures found abso-lutely
necessary to place your line of railway in successful
operation, and the further necessity of procuring in due season
a sufficient supply of new iron rails to substitute those impair-ed
by use on a very considerable portion of the road of the
Company, required a mnch greater amount of funds than the
Company could command, without resorting to its credit and
borrowing the sum desired. To secure by loan, on fair terms_,
at any point in the United States, the amount necessary for
the purposes stated, was found to be altogether impracticable^
and the President of the Company, under the advice of the
board of Directors, has visited, and is now absent, in Europe,
hoping that he may be able to negotiate on terms much more
favorable than any offered in this country. Our latest advices
from him are not as favorable as we could wish : yet as the
security we offer is deemed to be ample, we yet hope that
within the coming six months we may be successful notwith-standing
the peculiar and extraordinary causes which at this
time are operative in creating distrust of all American securi-ties
on the part of foreign capitalists.
Since your last meeting a corporation entitled "The Wil-mington
Railway Bridge Company"' has been created by an
ordinance of the late Convention of our State, in which the
"Wilmington Charlotte and Rutherford Rail Road Company,"
the "Wilmington and Manchester Rail Road Company" and
this Company are the only^ corporators ; the purpose of this
new company being to construct a continuous line of railwaj
across the North Western and North Eastern branches of the
Cape Fear river, and there form an actual railway connection
with, the road of this Company, in lieu of the present nominal
connection by ferry hoats. The discontinuance of these ferry
boats, and the completion of the contemplated railway connec-tion
imperatively demanded by the traveling pubic, from
whom is derived one of our leading sources of income, and the
increased expidition now afforded by rival lines of travel, ren-dered
it of vital importance to this company, that this work
should not longer be postponed. Entertaining these views
the board of directors have not hesitated to exercise the
powers granted to this company by the ordinance refered to^
being altogether satisfied that to postpone action until your
meeting, would be greatly injurious to the true interests of the
company and being well assured that you would promptly
ratify and confirm what has been done in this connection.
Under the provisions of this ordinance the three companies
which constitute "The Wilmington Railway Bridge Compa-ny,"
have made subscriptions to its capital stock, and in confor-mity
with certain covenants entered into among themselves,
have severally and jointly endorsed its bonds to an amount
deemed sufficient to secure the completion of the whole work,
for which a contract has been entered into by the common
company.
WM. A. WRIGHT,
Chairman.
LIST OF OFFICERS WITH THEIR SALARIES.
B. R. Bridgers, President $4,500
S. L. Tremont, Chief Engineer and Superintendent 4,000
J. W. Thompson, Secretary and Tr ^ asurer 3,000
Wm. Smith, Master of Transportation 2,000
John F, Divine, Master of Machinery 2,000
John Crone, Koad Master Northern Division 1,800
Elisha Greene, Road Master Southern Division 1,500
W. G. McRae, Master of Supplies and Storekeeper 1,200
G. L. Dudley, General Freight Agent 2,000
Wm. M. Poisson, General Ticket Agent and Clerk 1,600
W. J. Yopp, Assistant Freight Agent 1,800
E. F. Langdou, Assistant Freight Agent 1,500
A. D. Young, Assistant Freight Agent 1,000
A. J. Galloway, Agent at Goldsboro' 1,800
G. G. Lynch, Agent at Weldon 1,500
Conductors, Passenger Trains 1,020
Conductors, Freight Trains 720
Engineers, first class 1,200
Engineers, second class 90O
Machinists, first class, $3 35 per day.
Machinists, second class 3 10 per day.
Carpenters, first class , 3 00 per day.
Carpenters, second class 2 75 per day.
KEPORT OF THE
CHIEF ENGINEER AND SUPERINTENDENT.
WiLMINaTON AND WeLDON RaIL RoAD COMPANY,
f
Office of Chief Engineer (& Superintendent, >
Wilmington, N. C, Nov. 1st, 1866. )
Hon. R. R. Bridgers, President,
Sir :—In compliance with the general regulations, I submifc
my twelfth Annual Report of the operations of this Company,
for the fiscal year ending September 30th, 1866 :
RECEIPTS AND EXPENDITURES.
RECEIPTS.
From Through Travel, $110,814 37
" Way " 128,351 71
" Freights, 198,631 64
" Mail*, 18,273 78
" Miscellaneous sources, 155,527 74--$611,599 24
EXPENDITURES.
ROAD DEPARTMENT.
Maintainance of Permanent Way.
Cost of ordinary repairs of track,.. $70,348 61
" of repairs of bridges, 18,357 20— $88,705 81
MACHINERY DEPARTMENT.
Rolling Stock.
Cost of repairs of Engines, $45,792 69
" " " "Cars 26,707 73—172,500 42
TRANSPORTATION DEPARTMENT.
Train Ex^penses.
Pay of Master of Transportation, ^
Agents, Conductors, &c., $47,533 57
Fuel, Oil, Waste, &c., 27,930 99
Amount carried forward, $75,464 56 $160,206 23
Amount brouglit forward, $75,464,56 $160,206 23
Station Expenses,
Cost of repairs of Wood and Water
Station Houses and Ware-houses,
1,331 23
Pay of Agents and Station Hands, 7,070 82
Printing, advertising, cost of "blanks,
printing annual reports, &c,, . 2,151 25 —$86,017 86
General Expenses.
Loss and Damage, 1,845 33
Salaries, 14,045 81
Incidental expenses, 132 05— $16,023 19
Total cost of operating, $262,247 28
Nett receipts, $349,351 96
The foregoing statement exhibits the gross sums received
from transportation and sales of old material, and the cost
of operating the Eoad. The accompanying tables will show
the items in detail, under the proper heads.
In addition to the cost of operating proper, there has been
expended on account of the re-construction of track, bridges,
warehouses and water stations, and the re-ec[ui|)ment of the
Boad, rendered necessary by the late war, the following
amounts
:
For new Engines and Tools, $200,642 05
*' " Passenger Cars, &c., 44,12111
« " Freight Cars, 83 004 11
" " Permanent and temporary
Bridges, 25,351 10
" " Track and extraordinar re-pair
of Bridges, 197,011 26
" « Warehouses, (rebuilt,).... 25,350 10
" Labor on track, bridges, and
subsistence, 26,907 00
Portion of the cost of Ferry Boat,. 8,000 00
Miscellaneous, 20,000 00
Total cost of re-construction re-ec[
uipment and extraordinary
repairs, $630,386 73
This account is for property now on hand, and, as a whole,
worth more than it cost.
The heavy outlay for rolling stock was rendered necessary
by the wholesale destruction of engines and cars at Weldon
and other points on the line of the Road shortly l>efor3 the
surrender of the Confederate forces in this State.
Some eight miles of track shared a similar fate, about the
same period—rails bent and ties burned.
ROAD DEPARTMENT.
Notwithstanding a very large number of new sleepers or
ties have been placed in the track, together with 1,700 tons
of new rails during the past year, much yet is required to be
done.
According to my estimate, the track requires, during the
current fiscal year, not less than three thousand tons of new
rails, and 80,000 new ties ; and for the next four years an an-nual
renewal of 2,000 tons, and thereafter 1,400 tons of iron
each year will maintain a good track.
Therefore our arrangements should be made for renewals
in this progressive method rather than by a large outlay at
this time, and the renewal of so many rails immediately, a
portion of which could longer be continued in use with ad-vantage
to the interests of the Company.
The bridges over Smith's creek, North East river, Neuse
Kiver, Tar river—both at Rocky Mount and on the Branch
—
and Fishing creek, are yet only supplied by temporary struc-tures.
A permanent bridge was erected at Quanky Creek,
near Halifax. By your order I am now preparing the lumber
for a bridge over the Neuse, and a temporary one over Tar
river on the Branch.
I hope we may in two weeks be able to cross that stream on
this temporary track, that will enable us to haul off the cot-ton
from that locality.
The bridge over the Neuse will be pressed forward to com-pletion
as rapidh^ as possible, so soon as the masonry can be
got in readiness for the superstructure.
I propose a cheaper kind of bridges for the other streams
than we have heretofore used, and should my views be ap-proved,
we shall be able to rebuild the remaining bridges
during the current fiscal year.
MACHINERY DEPARTMENT.
Engines.
We have twelve first class Engines in excellent order, of
which seven were built and delivered during the past fiscal
year, and the five remaining have been thoroughly repaired,
6
aud are now in fine condition. We have in addition to these
nine others that will he rehuilt as rapidly as the means and
wants of the Company require. We have also one engine
in the Roanoke river yet, entirely under water^ that we hope
ultimately to recover and repair—making in all twenty-two
Engines, besides three that may he avaihahle for the Branch,
making a total of twenty-five engines, good and repairable.
I do not think any new engines will he required for three
years to come.
While economy has been consulted in all these purchases,
the very best engines and cars and tools have been selected,
and it is gratifying to be able to say there is no better rolling
stock in the Southern or Northern country. Rogers & Mason,
respectively, were employed to build these engines, under
contracts for their best work.
Cars. «-
We came out of the war with ten passenger cars and about
sixty freight cars, repairable, though in a crippled condition,
out of a stock of one hundred and twenty cars, passenger
and freight. The passenger cars, with one or two exceptions,
have been running during most of the year—many of them
have been thoroughly repaired.
Four new first class passenger cars were built for the Com-pany
under a contract by Harlan, HoUingsworth & Co., during
the year past. This completes our stock of passenger cars,
and, with two or three we propose to build during the present
year, will be suflicient for the year's business.
The contract with the sleeping car company has supplied
two additional passenger cars that adds much to the comfort
of our through travelers by the night trains.
Most of the freight cars are now in good running order.
The few remaining ones are in course of re-construction.
—
Contracts were made for fifty box cars, with iron trucks, which
have been completed, and are now in service on the road. We
purchased eighty fiat cars from the Government, and have
sold twelve of them to the Wilmington, Charlotte & Ruther-ford
Rail Road Company, leaving sixty-eight, to which add
seven flats repaired, and we have a total of seventy-five flat
cars.
Our supply of freight cars is ample for the current year,
and I trust the future wants of the Company will be supplied
at its own shops.
We have now, in good running order, or in a condition re-quiring
hut moderate repairs, one hundred box cars and
seventy-five flat cars ; twelve first class passenger cars ; six
second class passenger cars, and six baggage and mail cars;
twelve passenger and freight engines ; nine (9) engines to be
repaired or rebuilt, with one fine yard and shifting engine
rebuilt in our own shops, and two or three to be ultimately
repaired for gravel trains and Branch service.
TRANSPORTATION E EPARTMENT
.
In consequence of the new machinery that has been placed
at the disposal of this department since November, 1865, the
transportation of persons and things has been efficient, eco-nomical,
and satisfactory, not only to the community, but to
the management of the road.
The receipts have exceeded the estimates I submitted to
you for the information of the bondholders, and should be
exceedingly gratifying to the stockholders, who look forward
to a declaration of dividends at no distant day. Should the
ratio of increase in our through passenger business continue
during the current year equal to that of the past, we cannot
fail to recover from the effects of the war at a much earlier
date than we have anticipated.
All we can here promise, however, is that this department
shall do its duty to the public promptly and efficiently, as it
has done the past year, in transporting all that offers, and
upon terms that shall not be unjust, unequal,, or oppressive.
1 recommend that through freight tariffs, at rates to com-mand
a share of the business, be made with the New Anna-messix
route from New York and Philadelphia, on goods that
can bear inland transportation, to all points South of us. We
may in time reap considerable incomft from this source.
LOCAL AND THROUGH FREIGHTS.
This Company, from 1855, have had through freight rates
with the North Carolina Rail Road Company that yielded a
considerable income,—as high as $40,000 per year. This in-come
has been greatly diminished during the past year in
consequence of the new avenues of trade that have been
opened with Western North Carolina, by way of Greensboro'
and Danvilk, and the old line by way of Weldon and Nor-folk
revived, with improved facilities. Early in the past fiscal
year this state of things became apparent, and without the
means to prevent it, I recommended to you and the Board
of Directors the importance of trying to recover a portion of
it by a joint arrangement with the lines via Weldon and
Goldsboro'—from the North. Arrangements were accordingly
made, by your authority, for this purpose; which agreement,
however, was uot carried out niithfuUy, and consequently
failed to render tlie benefits expected from it.
This arrangement embraced through rates from the North-ern
cities via. Portsmouth to this city, and other places along
our line, and re-opened an old route with increased facilities
and brought us much freight. Soon, however, complaints
were made by our Wilmington merchants that by it injury
was done the trade of this city, operating, as they said, to
divert trade to the iiorts of Virginia. This effect had not
been intended nor anticipated, and to remove an}'' cause of
comjdaint on this subject the Board of Directors ordered the
tariff, then but just adopted, to be revoked, and new local
rates substituted, which have since the first of October been
the measure of our proportion of through rates from North-ern
cities to places on this road.
I do not think this change in the rates cliarged has had the
effect to change, materially, the direction of produce to
market, though it has added to our receipts, while if has
caused some complaint from the merchants of Petersburg and
Norfolk and the people of our Northern counties
These complaints are mainly due, I think, to the principle
of discrimination in favor of the long distances—a principle
this Company has always considered important, if not indis-pensable.
To discriminate in making freight charges has been long
and well established. No railway can be well and justly
managed wheie that principle is not observed.
Suppose the horizontal system to be adopted, and all goods
paid the same rates per ton per mile for long or short dis-tances,
the cost of hauling and handling being the same, and
the rate being such, that short distances were simply remu-nerative^
the charges for the longest distances would be exces-sive,—
amounting to a prohibition. Carry the principle out as
we may, for one, two or three thousand miles, and we could
not enjoy the products or manufactories of other countries.
It has been thought best, therefore, to equalize the burdens
of transportation, and of maintaining our great Railway lines
by charging less and less as the distance traveled becomes
greater and greater; thus while the residents near the mar-ket
towns pay more i)er mile than those residing at the great-est
distance, yet the cost of transportation thus distributed is
not oppressive upon either, and it enables the Railways to, be
maintained, as they are, for the mutual benefit of stockhold-ers
and people.
9
This is precisely the principle that regulates the local tariff
of freight for this and most other Railways.
The distances charged for are the saiil^, reckoned either from
Wilmington or Weldon, hence the citizens that receive their
goods and forward their produce at Halifax, Enfield, Battle-boro',
Rocky Mount and Wilson, have no more cause of com-plaint
than those who receive and deliver their's at North.
East, Rocky Point, Burgaw, South Washington, Teachey's,
Magnolia and Warsaw. All are charged by the same table
of distances.
If the complaint is made that the local rates are too higb
in one case, they are equally so in both. The real point of
difficulty seems to be that Weldon is not the market town,
but that it is sixty or eighty miles distant from that point,
while Wilmington is at the Southern terminus of the road.
As to high rates, all we can say is, they are not so higb in
proportion to the cost of operating, or the value of property
transported, as they were in 1861—nor do the receipts nett as
much by a large per centage as they did then.
THE DEPARTMENT OF SUPPLIES.
This department has the past year, under our re-organiza-fion,
done as well as we had a right to expect, so far as sup-plying
materials for the working branches of the service is
a test of its efficiency.
The returns of supplies have not been as promptl}^ rendered
(though called for regularly) as I hope and believe they will
be in future.
This completes all I have to report on the subject of the
regular operations, and I here beg to say that I am indebted
to the bead of each working department for valuable assist-ance.
Capt. William Smith, Master of Transportation.
Capt. John F. Divine, Master of Machinery.
Messrs John Crone and Elisha Green, respectively, as Road
Masters of the Northern and Southern divisions.
Capt. W. G. McRae, Master of Supplies or Storekeeper.
The duties of operating are distributed as follows:
To the Department of Transportation is confided the move-ments
of trains and the safety of passengers and property
moved, the employment, direction and pay of Station Agents,
Warehouse hands, Conductors, train hands, and the care
and preservation of all Station Buildings.
To the Department of Machinery is committed the rebuild-ing,
repairs, and preservation of all rolling stock and station
10
machinery and the work of operating the same, and provid-ing
the labor, purchase of lumber, &c., for Station buildings.
To the Road Department is committed the repairs of track,
bridges and rebuilding the same, purchase and distribution
of timber for road and bridges.
The business of the Department of Supplies is the purchase,
preservation and issuing supplies for the working of all the
other departments in conformity with regulations.
These tour departments, each dirsctly operated by its own
head and under the daily supervision and control of the
Engineer and Superintendent, to whom daily and monthly
reports and returns are required to be made of their opera-tions,
wants and necessities.
I have found during the past year much advantage in this
division of duties, and, though not fully perfected, I hope before
your next anLual meeting to have many improvements com-pleted
for the more efficient and economical work of the road.
OUR RAILWAY AND STEAMER CONNECTIONS.
Since my last annual report, our through connections south
have been corupleted to Mobile and New Orleans, on the one
hand, and to Charleston and Savannah on the other, by which
passengers can now reach Texas and the great Southwest by
way ot New Orleans^ and all Southern Georgia and Florida
by way of the Savannah and Gulf Railway.*
These great lines unite at Augusta and Florence and bring
many passengers over this route. There are also three great
lines now in successful operation, converging at Weldon, that
are very important feeders to this line.
They are—one by Richmond and Washington, one by Nor-folk
and Baltimore, and the third one by the Norfolk and the
Eastern shore (of Maryland) railway to Philadelphia.
With all these lines now in successful operation, we may
hope for a large through business.
The Railway connection through the cities of Richmond
and Petersburg are expected to be completed during the
month of January, when our cars can run from the Cape Fear
to the Potomac ; and so soon as the line of thirty-six miles now
in cour.se of construction between Fredricksburg and Alexan-dria
is completed, we may run cars to Washington ; and, if
desired, as far as New York and Boston, Albany and Chicago.
*TLis line is now open to St. Marks, via Tallahassee, 283 miles. From St*
Marks it is proposed to run lines of Steamers to JSew Orleans and Havana.
11
RAILWAY BRIDGES OVER THE CAPE FEAR.
Much is hoped and expected from the greater facilities for
through business, that the bridges over the Cape Fear will
afford. This work is now fully under way and will be com-pleted
in about six months.
I may, in conclusion, say, with all the natural advantages of
this great seaboard line^ improved as it will be in the next few
years, that its condition—present and prospective—is such as
to give us every hope of its speedy prosperity and entire suc-cess
as a lihe of through travel and freight.
Simultaneously with the opening of the new route by the
Annemessix, seacoast tickets between Savannah and Charles-ton
and New York and Philadelphia were sold at rates that
ought to divert a large travel from the sea. The cost of
travelling is about the same, while all the dangerous and
disagreeable features of sea travelling are avoided. We hope
much from this travel.
NEW ROUTES AND BRANCHES.
A BRANCH TO FAYETTEVILLE AND THE COAL MINES ON DEEP RIVER,
A most favorable route for a branch from this road to the
coal mines is believed to be from or near Faison Station via.
Averysboro' on Deep river, to the coal and iron eigon. To
Averysboro' from Faison's, is but thirty-five (35) miles, and to
Haywood about sixty-five miles. From Wilmington to Lees-burg
it is thirty-three miles,—from the latter place t Fayette-ville
the distance is about fifty-five miles, and from Rose Hill
(forty-two miles from tide water) the distance to Fayetteville
is but fifty miles. The question for the future to be decided
is, which of these lines shall be considered in seeking a short
railway connection to the coal and iron mines of Deep River.
This question is now a very important one for the prosperity
of Wilmington, in connection with the Rolling Mills and other
manufactories that should be located here within the next
three years.
Already capitalists are turning their attention to the Deep
River coal and iron, and at no distant day means will be
raised and steps taken to bring it to this or some other mar-ket.
The route by Faison or Warsaw is said to be the most
favorable for a railway, at the minimum cost, while the line by
Fayetteville is partly constructed,—which is the shortest and
best, can only be determined by an actual survey.
12
That means can be raised to construct a road over the best
line, there can be no doubt, and I regard it as all important
that immediate steps be taken by this company to obtain all
the facts such as length of line, probable cost and such other
information as may be desirable.
The distance from Wilmingtou to the coal and iron region,
by way of Lumberton and Fayetteville, is entirely too great
to admit of a consideration in this connection.
T recommend that our charter be so amended as to author-ize
separate stock to be subscribed for branches in the main
stem, and that application for that purpose be made to the
Legislature at its present session.
PROSPECT FOR A DIVIDEND AT THE END OF THE PRESENT FISCAL
YEAR.
I am confident that our receipts for the current year will
reach $550,000, and the cost of operating the road proper will
not exceed $260,000, with $.30,000 more added for new bridges
and masonry $290,000 to be expended. This will leave $260,-
000 out of which to pay interest and sinking fund, and a divi-dend.
It will require about $60,000 to pay a dividend of four per
cent on the capital stock. Therefore, if the floating debt be
provided for, as it is hoped and expected, a dividend may be
reasonably looked for at the end of the current fiscal year-
Respectfully submitted^
S. L. FEEMONT,
Chief Engineer and Superintendent.
TABLE 1.
KOAD DEPARTMENT—EEPAIES.
Pay of two Road Masters ; 17 Section Masters ; Track Hands and La-bor<-
rs; two Bridge Masters and their Carpenters and hands 30,223 05
Timber for trestles and bridges, and lumber for station buildings 2,417 55
Cross-ties or sleepers 33,592 21
Iron, spikes, chairs, &c 12,315 90
Subsistence for the track hands, laborers and carpenters 10,157 10
Cost of Eoad Department for Repairs $88,705 81
TABLE 2.
MACHINEEY DEPARTMENT—EEPAIRS.
Pay of master of machinery, foreman, machinists, smiths and laborers, 34,988 97
Cost of materials for repairs of engines and tools for engine t>hop 8,803 72
Pay of master of car repairs, carpenters, joiners, painters, trimmers,
and laborers 20,079 57
Cost of materials for car repairs and tools, &c 8,628 16
Total cost cf Machinery Department for Repairs $72,500 42
TABLE 3.
TRANSPORTATION DEPARTMENT—OPERATIONS.
Pay of master of transportation, conductors, engineers, train hands,
firemen and laborers 47,533 57
Cost of fuel for engines and cars 20,2ti3 57
Cost of oil, tallow and waste 7,667 42
Pay of station agents, warehouse hands and water station hands 7,070 82
Cost of repairs of buildings at Wilmington and Weldon 1,331 23
Printing blanks, advertising, and printing annual reports 2,151 25
Cost of operating Transportation Department $86,017 86
TABLE 4.
RE-CONSTRUCTION RE-EQUIPMENT AND EXTRAORDINARY
EXPENSE ACCOUNT.
Eight new engines and cost of re-building four . 190,642 05
A lot of new tools 10,000 00
Five new passenger cars and re-building six 42,121 15
New tools for ahops 10,000 00
Fifty new freight Cars (box) 55,004 11
Sixty-eight second hand flat cars 33,000 00
Permanent and temporary bridges 20,351 16
New track and re-building track ; new rails, spikes, chairs and ties 1&7,011 26
Labor on track and subsistence 26,907 00
Warehouse rebuilt, and two new ones 25,350 10
Miscellaneous works of re-construction 20,000 00
Total $630,386 83
14
'Statement of the Financial condition of the Wilmington and
RESOUKCES AND PRuPEUTY.
~~~
Rail Road and appurtenances, including cost of construc-tion
and equipment, real estate, stations, warehouses,
bridges, &c 3,058,894 98
Stock in Wilmington and Manchester Rail Road Company.
.
106,050 GO
Stock in this Company purchased, and stock forfeited 3,850 00— 109,900 00
Amount due from Bills Receivable 2,479 85
Amount duo from Post < iffice Department S'SS'.^ 56
Amount due from .Sta*e of North Carolina 22,803 86
Amount due from individuals on account 254,838 67
Amount due from Agents 13,722 20
Amount due from Rail Road Companies 25,640 58
Amount due from ISouthem Express Company 29,369 64
Amount of Sterling in London to pay inturest 19,070 23
Amount of Cash on hand ' 15,448 24— 391,732 83
$3,560,527 81
The Assets and Liabilities in the above statement may be classified
STERLING.
Amount of Sterling in hands of Agent in London 19,070 23
CURRENCY.
Cash on hand 15,448 24
Bills Receivab'e 2,479 Si
Due from Post Office Department 8,359 5:i
Due from individuals on account 52,274 15
Duo from Rail Road Companies 25.640 58
Due from Southern Express Company 9,635 55
Due from Agents 13,264 07-127,102 00
WAR DEBTS.
Due from State of North Carolina 22,803 86
Due from individuals on account 202,5'i4 52
Due from Agents 458 13
Due from Southern Express C mpany 19,734 09—245,560 60
$391,732 83
15
Weldon Rail Road Company, on the BOfh September, 1866.
CAPITAL STOCK AND LIABILITIES^
'
Amount received from Capital Stock $1,163,775 21
Six per cent. Sterling Bonds, payable ia London ia 1881 576,887 56
Seven per cent. Sterling Bonds payable in London in 1886.. 197,777 24
Bills payable 336,245 25
Due to the United States 59,605 11
Due to sundry individuals and companies on account 114,428 15
Due on Pay RoUs 59,596 29
Due on Negro Bonds from 1855 to 1864, inclusive 50,954 38
Unpaid Dividends 102,639 00- 1,498,132 98
Prfiot and Loss Account 598,619 62
$3,560,527 81
with reference to the currency in which they are payable, as follows
:
PAYABLE IN STERLING.
Six per cent. Sterling Bonds $576,887 56
Seven per cent. Sterling Bonds 197,777 24— 774,664 80
PAYABLE IN GOLD.
Bills Payable 3,210 73
PAYABLE IN CURRENCY.
Bills Payable 333,034 52
Due to the United States 59,605 11
Due to individuals and companies on account 39,953 66
Ne^ro Bonds from 1855 to 1861, inclusive 7,150 50
Dividends declared prior to January 1st, 1862 5,046 00
Due on Pay Rolls 17,123 24— 461,913 03
WAR DEBTS.
Due to individuals and companies on account 74,474 49
Due on Negro Bonds 43,803 88
Due on Pay RoUs 42,473 05
Unpaid Dividends, declared payable in "Tre'Bsury Notes of
the Confederate States," 97,593 00— 258,344 42
$1,498,132 98
J. W. THOMPSON,
/Ssc'y and Treas'r.
16
Consolidated Exhibit of the Business of the Wilmington and Weldon
Assets on hand at the commencement of the year, aa
shown by report of September 30th, 1865 :
Cash $5,690 21
Bills Eeceivable 2,479 85
Amount due from Post Office Department 4,005 50
Amount due from United States 10,632 10
Amount due from State of North Carohna 22,803 86
Amount due from individuals and companies on account. .
.
384,975 48
Amount due from Agents 11,693 23
Amountof Cotton account 78,521 59— 520,801 82
RECEIPTS.
Amount received from transportation of passengers, freight
and mail 456,071 50
From miscellaneous sources 50,464 35
From sales of.Old Iron 105,063 39— 611,599 82
From sales of Washington and New Orleans Telegraph
Stock 10,000 00
Increased Liabilities 563,889 16
$1,706,290 22
17
Rati Road Company for the fiscal year ending Sept. SOth, 1866.
"
DISBUESEMENTS.
Paid ordinary and extraordinary expenses of operating the
road thia year , 892,634 11
Paid for RealEstate 2,317 94
Paid on account of Ferry Steamer "Waccamaw," 8,000 00
Paid United Stater tax on receipts for May, June and July. 2,241 21
Paid expense of getting time of bonds payable in England
extended 6,794 89
Paid interest, premium on Exchange and discount this year,
including five years interest on foreign debt 217,937 11
Balance of deductions on war debts settled and passed to
profit and loss account 184,632 13-1.314,557 39
ASSETS.
BiUs Eeceivable 2,479 85
Due from Post OfiSce Department 8,359 56
Due from State of North CaroUna 22,803 86
Due from individuals on account 254,838 67
Due from Agents 13,722 20
Due from Rail Road Companies 25,640 58
Due from Southern Express Company 29.369 64
S^^erling in London to pay interest 19,070 23
Cashonhaud 15,448 24— 391,732 83
$1,706,290 22
J. W. THOMPSON,
Sec^y and Treas'r.
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28
STATEMENT «
Shoioing the number and Jcind of Cars owned hy the Wilmington and
Weldon Rail Road Company, and the number rebuilt and repaired
during the fiscal year ending oOth September, 1866;
NUMBER AND DESCEIPTION OF CAES.
REPORT OF THE AUDITING COMMITTEE.
To the Stockholders of the
Wilmington and Weldon Rail Boad Company :
The undersigned members of the auditing Committee ap-pointed
at your last annual meeting respectfully
REPORT :
That they have examined with considerable tediousness
and labor the books and vouchers of both the General Freight
Agent and Treasurer's Office, and find that the freight depart-ment
requires a vast deal of writing and service, and, consid-ering
the large number of entries and amount of labor, very
correct. The few unimportant errors have been pointed out
and corrected.
They find the Treasurer's vouchers and books to correspond
without an error, and refer to his Report for an exhibit of the
transactions of the Company, its property, receipts, expendi-tures
and indebtedness.
There are several long standing accounts upon the books
which your committee recommend to be balanced.
Respectfully submitted.
PATRICK MURPHY,
JOHN D. LOVE.
Nov. 15, 1866.
PROCEEDINGS
OF THE
THIRTY-FIRST ANNUAL MEETING
OP THE
STOCKHOLDERS OF THE W. & W. R. R. COMPANY.
Wilmington, N. C, Not. 21st, 1866.
Pursuant to a resolution adopted at the last annual meet-ing,
the thirty-first Annual Meeting of the Stockholders of
the Wilmington & Weldon Rail Road Company was held at
the Court House, in the City of Wilmington, on Wednesday,
the 21st of November, 1866.
On motion of John Norfleet, Esq., Patrick Murphy, Esq,,
of Sampson, was appointed Chairman, and J. W. Thompson,
of Wilmington, and J. H. Whitaker, of Halifax, Secretaries.
On Motion of W. A. Wright, Esq., the Secretaries and
James A. Bradley were appointed a committee to verify
proxies, and ascertain the number of shares of the capital
stock represented.
The committee reported 2,135 shares represented in per-son,
and 8,933 by proxy—total, 11,068 shares.
A majority of the stock being represented, the meeting was
declared duly organized.
Mr. W. A. Wright presented the report of the President
and Directors, and submitted the accompanying reports of the
Engineer and Superintendent, Treasurer, and Auditing Com-mittee.
On motion of Col. S. L. Fremont, the reports were referred
to a committee of three stockholders.
The chairman appointed as said Committee, Messrs. A.
A. McKoy, W. S. Battle and H. M. Drane.
On motion of Col. Fremont, it was
32
Resolved, That a committee of three stockholders be appointed by
the chairman to report to this meeting certain By-Laws and Rules for
the government of the stockholders in general meeting, &c.
The Chairman announced Messrs. S. L. Fremont, W. A.
Wright and W. L. Smith as composing said committee.
On motion of 0. Gr. Parsley, Esq., the meeting then ad-journed
to meet again at 3 o'clock, P. M.
AFTERNOON SESSION.
At 3 o'clock, P. M., the meeting was called to order by the
chairman.
The committee to whom was referred the several reports
submitted the following through their chairman, A. A. McKoy:
To the StocTcliolders of the
Wilmington & Weldon Bail Road Company
:
Gentlemen :
—
The committee to whom was referred the annual reports of the offi-cers
of the company have given the subject as much consideration as
the limited time admitted, and beg leave respectfully to report
:
They would recommend that the Company accept the ordinance pass-ed
by the Convention creating the "Wilmington Railway Bridge Com-pany,"
and further sanction and approve the action of the President
and Directors thus far, under the same. They would further advise
that the President and Directors be authorized to proceed to complete
the works and purposes proposed under the ordinance.
In examining the expenses incurred in the matter of reconstruction
and resuscitation of the property, though the amount is large, they are
of opinion no more money has been spent, or liability incurred, than
was necessary under the circumstances, the property being in a very
worn out and crippled condition. They would, however, recommend
for the future, retrenchment and a most economical outlay in the?e res-pects.
In regard to the Branch Road to Fayetteville, they would advise the
whole subject be referred to the President and Directors, with authority
to take such steps in the premises as the interest and ability of the Com-pany
might seem to warrant.
They are further of opinion the business prospects of the Company
appear to be good, and its affairs managed with prudence, considering
all the circumstances.
All of which is respectfully submitted.
A. A. McKOY.
W. S. BATTLE. J- Committee.
H. M. DRANE. !
fin 00
On motion of W. S- G. Andrews, Esq., the report of tlie
committee was received and adopted.
Mr. W. A. Wright offered the following
:
Resolved, That the Ordinance of the Convention of this State, entitled
"An Ordinance to incorperate the Wilmington Railway Bridge Com-pany,"
ratified the 23d day of June, A. D., 1866, so far as the rights,
powers, privileges and franchises, and the duties and obligations
thereby granted to, or imposed on, this Company are concerned, is here-by
assented to and accepted by this Company ; and that all agreements,
contracts, covenants and liabilities of every kind whatsoever, which have
been entered into in behalf of this Company, by the Directors of this
Company, by virtue of any of the provisions of the Ordinance above
referred to, are hereby afiirmed and ratified, and declared to be, in all
respects, obligatory on this Company.
After some discussion, the resolution was adopted unani-mously.
On motion of Mr. John Norfleet, an election for a President
of the Company for the ensuing year, was entered into.
Messrs. J. A. Bradley and W. L. Smith were appointed by
the Chairman to receive and count the ballots. Hon. R. R.
Bridgers, of Edgecombe, was declared duly elected.
General Alexander McRae offered the following :
Resolved, That the Directors of this Company be instructed to re-duce
the fare on local travel.
Dr. A. J. DeRosset moved to amend the resolution as fol-lows,
which was accepted by Gen'l McRae, and adopted.
Resolved, That the Directors of this Company be instructed to take
into consideration the propriety of reducing the fare on local travel,
with the view of increasing the income of the Company from that
source.
The meeting proceeded to the election of seven Directors of
the Company, which resulted in th5 choice of the following :
P. K. DICKINSON, 1
W. A. WRIGHT, I
S. D.WALLACE, 1 ^ilminc^ton ALFRED MARTIN, [
vviimm^ion.
A. H. VanBOKKELEN, |
ELI MURRAY, J JOHN EVERITT, Goldsboro'.
Pending the counting of the votes, the committee on By-
Laws and Rules submitted through their Chairman, S. L. Fre-mont,
the following, which were adopted.
34
Resolved, That the following additional By-Laws be, and the same
are hereby, enacted by this annual meeting of stockholders, to continue
in force until changed by the same authority :
1st. At any annual or called meeting of the stockholders, the hour
of assembling shall be considered to be 10 o'clock, A. M,, unless other-wise
ordered at- the preceding annual meeting, at which hour the
stockholders shall be called to order by the President, or some other
stockholder, who may nominate some one to preside ; to call for a vote
on such nomination, and to announce the result of the same.
2nd. The Chairman shall proceed to complete the organization of the
meeting by calling for the appointment of one or more secretaries.
3rd . The meeting being duly organized, the committee on the veri-fication
of proxies, appointed at the preceding annual meeting shall be
called upon to report the amount of stock represented. Should there
be a quorum present the meeting will then proceed to business.
4th. The first business in order, is the reading of the annual reporta
of the President and Directors and other officers. The reading of any
or all reports may be dispensed with by a vote of the meeting.
5th. The reference to a committee or other disposition of the annual
reports shall be next made, after which any other business may be pro-ceeded
with.
6th. lu the election of President and Directors, two tellers shall be
appointed by the chairman, who shall collect the votes, count them,
with the assistance of the secretaries, and report the result to the chair-man
of the meeting, who shall announce the same.
7th. No person shall be announced as elected to the office of Presi-dent
or a Director who is not qualified as required by the charter.
8th. There shall be appointed by each annual meeting three persons
to be called the " Committee to verify proxies," who shall convene one
hour preceding the next annual meeting of stockholders, at the place
where the annual meeting is to be held, before whom the stockholders
may appear in person, or by proxy, and register their stock.
9th. The Board of Directors shall annually appoint from their num-ber
the following named standing committees
:
A Committee of Finance, to consist of the President and two Di-rectors.
An Executive Committee oT two Directors, and the Chief Engineer
and Superintendent.
A Committee on Transportation, to consist of two Directors, and the
Chief Engineer and Superintendent.
A Committee on the Machinery Department of two Directors and
the Chief Engineer and Superintendent.
A Committee on the Road Department of two Directors and the
Chief Engineer and Superintendent.
The President to be ex-officio Chairman of all standing Committees.
10th. All matters pertaining to the several branches of the operations,
shall be referred to the appropriate standing committees, which shall re-port
from time to time, to the President and Directors assembled, such
matters as to them may seem proper or called for.
35
In addition to the above, Col. Fremont offered the follow-ing
resolution, which, was adopted.
Resolved, That the Committee to prepare By-Laws continue its la-bors
and collect all By-Laws heretofore adopted, and complete the sys-tem
; and when approved by the Board of Directors, they shall be pub-lished
for the use of the Company, with the general regulations.
On motion of W. A. Wright, it was
Resolved, That the next annual meeting be held in Wilmington, on
the Wednesday next succeeding the second Monday in November,
1867.
Mr. A. H. VanBokkelen offered the following resolution
which, after some discussion, was adopted :
Resolved, That the salaries of the President, Engineer and Superin-tendent
and Secretary and Treasurer, be the same respectively for the
next year as they were the past year.
On motion of Dr. B. F. Arrington^ it was
Resolved, That Patrick Murphy, John D. Love and Gr. W. Collier
be appointed Auditing Committee for the ensuing year.
Resolved, That J. W. Thompson, W. L. Smith and J. A. Bradley
be appointed a committee to verify proxies for the next annual meet-ing.
A vote of thanks being tendered the Chairman and Secre-taries,
the meeting adjourned.
P. MURPHY, Chairman.
J. W. Thompson,
\ Secretaries
J. H. Whitaker, ]
secretaries.
LIST OF STOCKHOLDERS
111 the Wilmington & Weldoa E. B. Co., Nov. 2d, 1866.
NAMES AND RESIDENCE.
Shares.
Arrington, B F, Wilmington 2
Aarou, Heurv, Halifax 1
Albia, Eugenia, Olin, N C 8
Andrews, W S G, Wilmington 5
Andera, Sophia, Weetbrooks 12
Anderson, Alex, Est, Wilmington. . . 50
Anderson & Goodridge, Norfolk 2
Anderson, Alex, Adm'r of A Lazaru* 1
Armstrong, T J, Wilmington 30
AiTiugton, H H, Nash county 1
Ashe, Anna L. Chapel Hill 22
Austin. R H, Tarboro' 2
Austin, Norfleet & Co, Tarboro' 49
Avent, T W do 1
Bain, Thos A, Norfolk 1
Bain & Co do 5
Baker, J H, Tarboro' 1
Baker, W S, Trustee of Polly Pitt,
Tarboro' 2
Baker, David G, Tarboro' 1
Baker, Daniel B do 1
Barlow, David do 35
Bariield, John, Estate, Faison 5
Barnes, Jacob S, Wilson 2
Barnes, WiUiam, Jr, Wilson 3
Barnes, Bnrket do 1
Barnes, Edwin, Stantonsburg 2
Batchelor, L W, Enfield 8
Battle, W S, Tarboro' 180
Battle, W H, Chapel HiU 28
Battle, Marv P do 5
Battle, Penelope B, Raleigh, 25
Battle, Kemp P do 10
Battle, J L, Tarboro' 20
Batts, Emma L, Joyner's 1
Batts, Dempsey B, Joyner's 2
Batts, Isaac F do 2
Batts, Margaret do ... 1
Beatty, W H, Estate, Fayetteville ... 10
Bevans, John, Halifax 9
Bell, H C. unknown 1
Bellamy, John D, Wilmington 61
BeUamy, John T, Enfield 18
BeUamy, JC do 18
Betts, Mary, Wilmington 1
Bettencourt, W C, Wilmington 21
Becton, John E, Dudley 2^
Biggs, Joseph J, Raleigh 5
Biggs, K & Co, Norfolk 10
Bilisoly, J A, Portsmouth 3
Bilisoly, A do S
BizzeU, C W, Goldsboro' 1
!
Blossom, B & Son, New York 10
Blossom, J R, Wilmington 6
Blow, George, unknown 12
Bond, H P, Tarboro' 6
Borden, M A, Goldsboro' 5
Borden, Betsy do 19
Bauman, J G, Wilmington 1
Bochover, B T, unknown 2
Bond, James, do , 5
NAMES AND BESIDENCE.
Shares.
Boddie, E C, NasliTiUe, NC 5
Bowden, Daniel, Bowden's Station.
.
1
Bowden, W N, Wilmington 1
Bourke, Josenh, Norfolk 1
Bradley, Richard, Savannah 53
Bradley, Eliza C, Wilmington 1
Bradley, J A, do 50
Bradley, J A, Trustee of C Eels,
Wilmington 5
Bradley, C W, Trustee of L A Jewett,
Wilmington 54
Bradley, WiUie, Tarboro' 8
Branch, Thos & Sons, Petersburg. .
.
32
Branch, Samuel W, Estate, Enfield.
.
2
Braswell, A, Tarboro' 6
Braswell, W T do 5
BrickeU, W W, Halifax 4
Bridgers, R R. Tarboro' IIG
Bridgers, J L do 88
Brown, Gi ay L do 2
Brown, R F "Estate, Wilmington 3
Brown, John Potts, New York 25
Brown, Mai-y A, unknown 1
Brown Margaret " 8
Brogden, Nathan, Goldsboro' 3
Broughton, Laura B, unknown 1
Bryan, Battle, Tarboro' 1
Bryan, EM do 5
Bryan, Gray do 5
Bryan, Josiah do 1
Bryan, EUas do 20
Bryan, Joseph do 3
Bryan, P A E, Battleboro' 2
Buff, Henry, Tarboro' 1
BuUock, DW do 20
Bullock, J K do 15
Burr, J G, Wilmington 28
Bynum, Turner, Wilson. 10
Camp, W S, unknown 2
Carney, Wright, Tarboro' 1
Carnev, James do S
Carr, T B, Wilmington 10
Carraway, WiUiam, Dudley 10
Cassidey, James, Wilminnton 85
Chapman, Russell, Tarboro' 21
Chamberlaine, R H, • 8
Cherry, W R, Tarboro' 5
Cherry, H R do 2
Cherry, CC do 2
Cherry, ST do 1
Cherry, Eraatus do 2
Cherry, LR do 10
Clarke, H T do 84
Clacius, FA do 5
Clements, PP do 5
Cocke, John, Norfolk 5
Cooke, Mordpcai, Norfolk 2
Cobb, W D, Dudlev 2J
Cobb, John P, Dudley. . .
.
£
Cobb, N B, Goldsboro' I
Cobb, Dayid, Tarboro'^ 8
38
LIST OF STOCKHOLDERS—Continued.
NAMES AND RESIDENCE. NAMES AND BE3IDENCE.
Shares.
Coley, John, Golclsboro' 3
Collier, GW,Dudley 20
Coffield , Martha C, EiifieM 1
Coffield, Sarah W do 1
Conyers, L M, Wilmington 2
Cooper, Blount 1
Gotten, A S, Tarboro' 1
Gotten, Laura P do 6
Cotten, Arabella Cdo 1
Gotten, Florida do 1
Cotten, JW do 1
Cotten, A J do 10
Cox, W R, Raleigh 15
Cox, Silas, Estate, Goldsboro 1
Cox, Micajah, Estate 10
Cox, 8 P, Speight's Bridge 2
Cowan, Thomas, Pittsboro' 20
Graft, T C, Wilmington 5
Crawford, M K, Goldsboro' 3
Crawford, Ann E do 4
Grow, W H, unknown 2
Crowell, Thos M, Halifax 5
Groom, Lott, South Washington 5
Cromartie, Ann, Gravelly Hill 4
Gromartie, Peter do 20
Cromartie, W K do 3
Gromartie. WJ do 7
Crook, William, unknown 10
Cromwell, Elisha, Tarboro' 10
Gumming, Frances E do 8
Dancy, John S do 28
Dancy, W P, Estate do 30
Daniel, Zilpha, Black Creek 1
Daniel, J H, Tarboro' 11
Daniel, WW do 2
Daughtry, Eeddin, Tarboro' 3
Davis, Margaret W, unknown. i
Davis, John A, Halifax 1
Dawson, John, Wilmington 6
Depeyster, J F, Trustee of M C Liv-ingston
80
Depeyster, J F, Trustee of W Wood-bridge,
New York 15
DeRosset, A J, Estate, Wilmington.
.
25
DeEosset, A J, Wilmington 145
DeRosset & Brown do 16
Dickmson, P K do 100
Dickinson, P K, Ex'r of M L Orme,
Wilmington 10
Dickson, J H, Estate, Wilmington, .
.
30
Donnans & Johnson, Petersburg 4
Dortch, W T, Goldsboro' 25
Downey, F T, Trustee 5
Dozier, Richmond, Tarboro' 5
Drane, R B, Estate,Wilmington 56
Dudley, E B, Estate 17
Dudley, Jane A, Wilmington 38
Dunn & Spencer, Tarboro' 2
Dunn.LS do 27
Edens, Robert, Estate, Wilmington. 20
Edeus, Sarah, Wilmington 5
Edmonds, A T, Enfield 10
Ellis, CD, Louisburg 25
Eliot, J G, FaisHoonp. 3
Shares.
Elinor, James, Rocky Mount 2
Ehnor, WT do 2
Emerson, Arthur, dec'd, Portsmouth 5
Emerson, Arthur, Pittsboro' 2
Emery, TR do 10
Emery, E V & M P, Beaufort 20
Engelhard, J A, Wilmington 11
Everitt, John, Goldsboro' 20
Ezzell, J B, Warsaw 5
Faircloth, W T, Goldsboro' 20
Faison, Elias, Faison 30
Faison, M J, Warsaw, Trustee of M A
McDougald 4
Faison, M J, Warsaw, Trustee of E L
Faison 3
Faison, M J, Warsaw 4
Faison, Frank J, Warsaw 3
Faison, AM do S
Faison, W A do 8
Faison, W A, Warsaw, Guardian 4
Faison, I R, Faison 5
Freeman, Dr "W E, Wilmmgton 10
Farmer, Walter, Wilson 1
Farmer, Moses do 1
Farmer, SB do 1
Farmer, Gerusha do 1
Farmer, L D do 1
Fergus, Daniel, Wilmington 12
Fennell, Owen, HarreU's Store 5
Fennell, J M do 4
Ferrall, Michael, Estate, Halifax 118
Fields, Mary F, Goldsboro' 1
Filyaw, O L, Estate, Wilmington— 12
Planner, Bennett do 20
Planner, J H do .... 10
Foreman, W J, Tarboro' 5
Fowler, W G, Wilmington 5
Fremont, S L do 250
Frink, S F, Brunswick 12
Frink, Lorenzo do 18
Frink, L & S F, Trustees of Louisa
Nutt 2
Frink, L & H Nutt, Trustees of M E
Smith 2
Frink, L & H Nutt, Trustees of L
Waters 2
French, G R, Wilmington 31
French', G R & Sons, Wilmington 5
Futch, D K, do .... 20
Gamage, Elijah, Norfolk 5
Gary, J K, Halifax 3
Gary, G G, Weldon 1
Gary, R B, Halifax 1
Gary, J R, Trustee of A J Ousby. ... 2
Gardner, J D, Wilmington 5
Giles, WB do 17
GiUospie, J M, Kenansville 2
Gilham & Dunlop, Petersburg 2
Graham, C W, Kenansville 14
Goelet, E H, Goldsboro' 8
Greer, John, Kenansville 1
Green, Sasan H, Goldsboro' 2
Gray, Patsy D, Rocky Mount 10
Gregory, R ^, Goldsjjpro' 3
39
LIST OE STOCKHOLDERS—Continued.
NAMES AND EESIDENCE.
Shares.
Griswold, J B, Goldaboro' 3
Godwin, David, Estate, Smitliville. .
.
15
Garrett, J W, Enfield 1
Hale, Lewis , Halifax 2
Hall, Willis D, Wilmington 160
Hall, Eli W do 18
HaU, ED do 11
Hall, WH do 71
Hall, Eliza J do 46
Harriss, Mary P do 12
Harriss, Geo do 40
Harriss, WW do 60
Harriss, NT do 3
Harriss, A C, Halifax 2
Harriss, Eichard, J., Enfield 19
Harriss & Howell, Wilmington 10
Holliday, Margaret J, Hood River. .
.
23
Hardy & Brother, unknown 15
Hardy, Jesse H 1
Hines, Richard, Estate 10
Hatch, J R, Mount Olive 2
Hansley, W M 1
Harrison, Scott & Co 1
Hart, WS, Tarboro 3
Hart, S L do 13
Hart, Almon do 8
Hart, B T do 3
Hart, Ellen do 2
Hathaway & Co, Wilmington 5
Hathaway, Betsy do 5
Hatton, J G, Norfolk 1
Haywood, Jane F, Raleigh 21
Hill, Eliza R, Wilmington 8
EiU, FredJ do 29
Hill, RB do 13
HiU, William do 14
Hill, CD do 50
HUl, WE do 50
Hill, Fred J, Est do 30
Hill, Thomas, Pittsboro' 18
Hill, N M do 10
Hicks, A R, Faison 10
Hilliard, M N, Edenton 20
Hines, Joel, Marlboro' 1
Hinton, David, Raleigh 5
Hedrick & Ryan, Wilmington 1
Hoskins, B L do 5
HoUowell, T T, Goldsboro' 1
HoUowell, Thos do 5
Home, J L, Rocky Mount 3
Hodges & Baker, Norfolk 6
Hood, Britton, Dudley 3
Hood, Catharine do 4
Hood, John R do 3
Holloman, Elizabeth, Dudley 3
Howard, Henry N, Estate 5
Hooker, JuUa, Hlilsboro' 8
Hooker, O do 9
Howard, D C, Dudley 1
Howard. George, Wilson 25
Hooks, Ann M, Goldsboro' 6
Howell, Britton, Ta boro' 5
Howell, Andrew J, New York 70
Eogg, Thos D, Raleigh 20
NAMES AND EESIDENCE.
Shares.
Huggins, Jesse A, Wilmington 1
Hurdle, Benjamin, Smithfield 2
Hunter, Benjamin, Halifax S2
Hunter, J E do 4
Hunter, Wilham do 19
Hu»ter, Margaret H do 13
Hunter, H LB do 1
Hussey, J B, Kenansville 10
Hyman, T C, Tarboro' 3
Hyatt, McBurney & Co, Charleston. 10
Hoskins & Bowdish 5
Huggins, W T, Wilmington 5
Jenkins, Joab, Tarboro' 1
Jenkins, SP do 5
Jenkins, C H do 6
Jenkins, JasF do 16
Jenkins, J D do 5
Jewitt, R B, Wilmington 1
Jewitt, Stephen do '. 32
James, Isaac do 1
Johnston, Benjamin, Ringwood 9
Johnston, James W, Wilmington 1
Joyner, Moses, Tarboro' 2
Joyner, Hem-y, Enfield 1
Joyner, G L, Tarboro' 1
Jones, J W do 1
Jones, WH do 1
Jones, Calvin do 5
Jones, Frances, Littleton. , 9
Jones, Willie W, Estate 1
Keath, E A, Wilmington 6
Kelly, E V do 3
Kerr, James, Harrell'e Store 6
Kennedy, Thomas, Goldsboro' 15
Kidder, Edward, Ex'r, Wilmington.
.
30
Kirby, J C, Clinton 1
Kirby, Wm do 4
Kirby, H A, E E, and A M, Clinton.
.
4
Killebrew, Joshua, Tarboro' 3
Killebrew, C B do 6
Kinnear, T J, Kenansville 2
King, Coffield, Tarboro' 8
KiUebrew, G W do 1
Knight, BF do 5
Knight, J C do 5
Knight, John do 2
Knight, EE do 1
Knight, PE do 2
Knight, J W do 2
Knight, W B do 1
Knight, EC do 1
Knight, Laura V do 1
Kornegay, Daniel, Mount Olive 15
Ladies' Benevolent Society 12
Lamb, William, Wilmington 10
Lamb, W W, Norfolk 2
Lamb, AM do 5
Land, John J, unknown 1
Lane, W W, Wilmington 25
Lane, WK & J K Green, Adm'rs,
Goldsboro' 8
Langdon, P H, Augusta 58
Langdon, W A, Estate 5
Lancaster, Robert, unknown 1
40
LIST OF STOCKHOLDERS—Continued.
NAMES AND EESIDENCE.
Shares.
Latimer, Z, Wilmington 45
Laurence, J H, Tarboro' 1
Lawrence, Jno T do 4
Lawrence, Josiah do 9
Lawrence, Emily L do 1
Lawrence, W J do 1
Lawrence, John do 5
Lazarus, Julia, Lexington, Mass. ... 39
Lazarus, Eachel A, Willow GroTe, Pa 32
Lazarus, Maria C do 32
Lazarus, Ellen, Raleigh 32
Leggett, J B, Tarboro' 1
Leigh, J H do 1
Lewis, WF do 30
Lewis, Lucy S do 1
Lewis, John W do 10
Lewie, K H do 35
Lloyd, J W do 2
Loftin, L E, B S 20
Long, N M, Weldon 1
Long, W S, Tarboro' 2
Long, J S do 3
London, M, Wilmington 1
Lord, W C, E«tate 10
Lord, J H, Wilmington 1
Love, Edward, do 10
Love, John D do 2
Lyon, Joshua, Tarboro' 10
Lvon, BT do 4
Manly, J B, Dudley 1
Martiudale, tl'-nry, Wilmington 10
Marble, Joseph do 10
Manor, T L, Battleboro 5
Marshall, P S, Halifax 1
Marks, W H, Wilmington 2
Martin, Alfred do 20
Martin, B A, Petersburg 4
Mayo, Thomas, Tarboro' 6
Mayo, B C do 4
McCaleb, A B, Wilmington 4
McDowell, J A, Elizabethtown 5
McDowell, T D do 10
McDowell, P P do 3
McDowell, Margaret do 2
McDowell, Mary L do 2
McDaniel, David, Tarboro' 1
Mcllwain, 8on & Co, Petersburg 10
Mclver, Evander, Carthage 15
Mclvcr, Alex do 10
McKinnie, Barbara, Dudlev 5
McMillan, John J, Elizabethtown 10
McLin, Henry, Wilmington 5
McBae, Colin, Fayetteville 5
McEae, Donald, Wilmington 15
McRae, Donald do Trustee.. 36
McRae, John O do 20
McRae, Alex do 30
McEae, John, Philadelphia 30
McRae, Walter H, iinknown 10
McEae, Margaret E, Wilmington 10
McEae, Henry, vmknown 1
McEackan, EM, Whiteville 87*
McRary, W H, Wilmington 5
Means, C G, Baltimore 60
NAMES AND EaSIDENCE,
Shares.
Meares, Henry W, unknown 5
Meares, W B, Salisbury 5
Meares, Gaston, deceased 5
Mercer, Thomas N, Tarboro' 1
Mercer, John do 10
Mercer, W P do 1
Mercer, David V do 1
Mercer, J E do 5
Mercer, WD do 2
Mercer, Jesse do .,. 2
Medway, L C, Chicago .'. 25
Merriman, L A, Magnolia S
Miller, C B, Marlboro' 54
Middleton, E M, Warsaw 2
Middleton, JH do 2
Middleton, T J do 1
Mitchell, C T.Charleston . 210
Moore, George J, Moore's Creek 1
Moore, James P do 7
Moore, A L do 1
Moore, W Y, Wilson 12
Moore, Thos E, Tarboro' 1
Moore. B F, Kaleigh 40
Moore, Ellen T do 1
Moi'gan, Arthur, unknown 25
Murphy, J S, Wilmington 21
Murphy, Patrick, Sampson 75
Murphjs N H, Wilmingron 3
Murphy, C W, Moore's Creek 2
Murphj-, H F, Teachey's 4
Murphy, J H, Long Creek 2
Murray, Eh, Wilmington 65
Myers, George, New York 20
Mvers, Mver, Norfolk 5
Neale, C E, Tarboro' 2
Nivel, Jesse P, Tarboro' 6
Nivel, E K, Halifax 1
Nixon, N N, Wilmington 103
Norfleet, John, Tarboro' 21
Norfleet, Eobert do 90
Nortleet, Thomas do 5
Nutt, Henry, Wilmington 55
Gates, J A, Faison 1
Gates, J O, Sparta 1
Oberry, Thos, Tarboro' 1
Ousbv, W C, Halifax 2
Ousby, J L do 2
Ousby, Kate F do 3
Owen, Thos E, Tarboro' 10
Parker, Jesse W do 10
Parker, W W, Eocky Mount 4
Parsley, G, Wilmington 70
Pearsall, Jeremiah, Kenans vi lie
Guardian 2
Pearsall, Rachel, Kenansville 2
Peirce, W W, deceased 23
Pierce, Eice B, Halifax 1
Person, Willie M do 5
Pender, David, Tarboro' 5
Pender, EH do 5
Pender. Mary do 1
Pender, J JB do 2
P^-rry, Abner J, unknown 1
Petteway, WD do 5
41
LIST OF STOCKHOLDERS��Continued.
NAMES AND RESIDENCE. NAMES AND BESIDENCE.
Shares.
Petteway, Mark H, unknown 5
Petteway, James T, Wilmington 1
Pitt, Joa'b P, Tarboro' 16
Pitt, Bui-nett P, Tarboro' 10
Pitt, Moses, do 1
Phillips, J J, Battleboro' 20
Pittman, Beverly, Tarboro' i
Pittman, K'din Gr do 5
Pittman, WD, do 4
Pittman, N J do 29
Pippen, J W do 5
Pippen, J L do 1
Pippen, J H do 1
Pippin, FA do 1
X>ippin, W M do 5
Pickett, Hosea, Wilmington, 5
Ponton, M L, Halifax 3
Pope, Rosa do 2
Pope, Elijah do 2
Pope, Geo P do 2
Pope, WE do 1
Plummer, H L, Petersbui'g 3
Plummer, S A do 2
Polvogt, C, Wilmington 12
Porter, Joseph J, unknown 7
Powell, Isaac, WhiteviUe 20
PoweU, E P, Tarboro' 1
Powell, J J W do 130
Powell, G W do 2
Powell, J W do 3
Powell, ME do 2
Powell, Jesse C do 1
Powell, AH do 1
Powell, W H do 1
Prentis, J B, New York 6
Proctor, John, Rocky Mount 1
Proctor, J J do 9
Purnell, Thos R, Jr, Wilmington. . .
.
29
Pullen, Roderick, unknown 3
Pitt, Robert S, unknown 1
Reardon, T R, Norfolk 1
Reardon, H B do 2
Redmond, J M, Tarboro' 25
Richardson, Purdie, Wadesboro' 5
Ricks, Robert, Tarboro' 5
Roberts, W D, unknown 1
Roberson, Catharine, Wilmington. .
.
10
Robinson, J M do ... 2
Reynolds, W D & Co, Norfolk, 5
Ryan, J H, Wilmington, Executor of
B Baxter 20
Sanders, Richd, Estate, Wilmington. 13
Savage, H R, deceased 10
Savage, Timothy, deceased 5
Savage, Henry. Wilmington 10
Savage, L L, Tarboro' 5
Savage, Moses T do 2
Savage, R A do 1
Sessums, Isaac do 10
Sharrock, W T & H B Hardy, Tarbo-ro',
Executors 4
Shaw, E F, Warsaw 3
Sharp, J J, Joyner 26
Sharp, WG do 11
Shares.
Shurley, Elizabeth, Tarboro' 10
Sloan, D D, Kenansville 4
Sloan, David, Magnolia 5
Simmons, Alfred, Halifax 1
Smith, William L. Wilmington 5
Smith, R H, Scotland Neck 5
Smith, A L, unkn( )wn 5
Smith, Sylvester, Raleigh 15
Smith, Samuel, Goldsboro' 10
Smith, Sophia L, Tarboro' 5
Smith, J M do 12
Smith, Moses do 5
Soutter, Robert & Son, Norfolk 10
Speight, Abner, Speight's Bridge 5
Speight, J F, Tarboro' 4
Southerland, David, Kenansville 5
State of North Carolina 4000
Staton, Jeannette 20
Staton, Archibald. Tarboro' 20
Staton, James B do 3
Staton, H L do 10
Stallings, Jamea do 3
Stancil, Jesse do 4
Stanton, G W, Stantonsburg 1
Strickland, Jordan, unknown 1
Stewart, F J, Tarboro' 1
Sugg, Reding S do 1
Sugg, PS do 1
Sugg, Josiah P do • 1
Sugg, William do 1
Sugg, P C F do 1
Sugg, Elizabeth do 1
Sugg, Annie 8 do 1
Swan, John, unknown 60
Tally, Nicholas, Columbia 9
Tally, Samuel O do 5
Tally, W H do 4
Tawis, Lewis, Philadelphia 2
Talbot, John 1
Tannahill, Robert. New York 3
Taylor, Tazewell. Norfolk 12
Taylor, Elijah, Jacksonville 5
Taylor, Henry A, Nashville 1
Tavlor, R B do 1
Thorp, John T, Rocky Mount 5
Thigpen, Kenneth, Tarboro' 5
Thigpen, Jordan do 7
Thigpen, James do 1
Thigpen, AM do 1
Thigpen, W A do 1
Thigpen, William do 3
Thigpen, J R do 3
Thompson, Zadoc, Goldsboro' 1
Thompson, Drewry, Alabama 32
Tillery, Thomas, Rocky Mount 5
VanBokkelen, A H, WUmington 22
Veale, R S, Guardian, unknown 8
Vick, J J, Rocky Mount 1
Vick, J do 1
Vick, Margaret do 1
Wallace, S D, Wilmington 20
Wallace, SD do Trustee.... 20
Wanet, AA do 20
Warren, John do 1
42
LIST OF stockholders—Concluded.
NAMES AOD RESIDENCE.
Shares-
Walker, H A C, Wjlmington 10
Walker, SE do 10
Washington, Richard, Goldsboro'— 81
Washington, J C, Kinston Hi
Washington, J A do Estate 10
Watson, R A, Tarboro' 1
Waddell, Matthew, Tarboro' 5
Webb, C N, Hahfax 1
Wells, Joel, Tarboro' 16
Walston, Willie, Tarboro' 2
West, J W S, Texas 10
Whitaker, M T, Enfield.
Whitaker, L H, do
Whitaker, B F do
Whitaker, J H do
Whitaker, L H B do
Whitaker, Gary do
Whitaker, Robert do
Whitaker, Wm do
Whitfield, G W do
1
2
5
2
99
2
2
2
5
Whitted, W N, Prospect Hall 20
Williams, David, Tarboro, 25
Williams, W H, Kenansville 20
Williams, B. P, Tebeanville, Ga 118
Total Shares,
NAMES ANU KESIDENCE.
Shares.
Williams, Owen, Tarboro 5
Wilhams, E C
Willisms, R H
Williamson, J A
Wimberly, R D W& MRRCo.
do
do
do
do
Wiggins, Wright, Tarboro'.
5
. 10
1
. 25
.2050
. 5
Winstead, Harriss, Joyner's 1
Wiswall, Howard, Tarboro' 3
Whitfield, N B, Kinston 3
Woodbury. G W, unknown 5
Woodard, Stephen, Black Creek 5
Wooster, John, Wilmington 31
Wooten, Council, Mosely Eall, 5
Worsley, Mayo, Tarboro' 10
Worsley, William do 1
Worth, T C & B G, Wilmington 1
Wright, John, Grove, Chatham Co.. . 3
Wright, Rachel, do 10
Wright, Thos H, Estate, Wilmmgton 106
Wright, W A, Wilmington 76
Wright, Joshua G do ••„50
Wright, D, Executor of J Wright J^i: 1
.14,521^
t . > A* i-.£ A