Proceedings of the ... annual meeting of the stockholders of the Atlantic & North Carolina R.R. Co.

              REPORTS OF THE OFFICERS
OF THE
. Gob IN. L^. -K. JK. vX).
TO THE STOCKHOLDERS
AT THEIR
73rd Annual Meeting
HELD AT
MOREHEAD CITY, N. C.
Thursday, August 4th, 1927
AND
PROCEEDINGS OF LAST MEETING
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REPORTS OF THE OFFICERS
OF THE
A. C& N. C. R. R. Co.
TO THE STOCKHOLDERS
AT THEIR
73rd Annual Meeting
HELD AT
MOREHEAD CITY, N. C.
Thursday, August 4th, 1927
AND
PROCEEDINGS OF LAST MEETING
PROCEEDINGS OF THE SEVENTY SECOND AN-NUAL
MEETING OF THE STOCKHOLDERS
OF THE ATLANTIC AND NORTH CAR-OLINA
RAILROAD COMPANY.
Morehead City, N. C., August 5th, 1926.
Seventy Seeond Annual Meeting.
The Seventy second Annual Meeting of the Stockhold-ers
of the Atlantic and North Carolina Railroad Com-pany
is held in the Assembly Room of the Atlantic Hotel,
at Morehead City, North Carolina, on the First Thursday
after the First Monday in August, 1926, it being the 5th
day of said month, at 1 o'clock, P. M.
Temporary Organization.
The meeting is called to order by the President, A. D,
O'Bryan, and, on motion of Dr. J. Y. Joyner, Geo. P.
Folk, of Raleigh, is nominated, and unanimously elected
Temporary Chairman, and Geo. Green, of New Bern,
Temporary Secretary.
Report of Proxy Committee.
The Proxy Committee, by its Chairman, J. F. Parrott,
submit the following report, which is read, and on mo-tion
of Dr. J. Y. Joyner, unanimously adopted, to wit:
Morehead City, N. C, August 5th, 192G.
To the Stockholders of the Atlantic and North Carolina Railroad
Company:
Gentlemen:
Your Proxy Committee beg to report that we find Seventeen
thousand, seven hundred and seventeen (17,717) shares of stock,
entitled to nine hundred and thirty-three (933) votes, represent-ed
in person and by proxy, by ten or more individual stockhold-ers,
and that the State of North Carolina is duly and regularly
represented by its Proxy, to wit:
Shares Votes
State of North Carolina, by C. S. Wallace, proxy.. 12,666 300
County of Craven, by L. H. Cutler, proxy 1,293 136
County of Pamlico, by C. L. Ives, proxy 202 27
Dr. J. Y. Joyner, in person, and by proxy 3,199 260
J. F. Parrott, in person, and by proxy 11 8
C. L. Ives, in person, and by proxy 69 45
Geo. P. Folk, in person and by proxy 48 32
L. H. Cutler, in person, and by proxy 180 97
C. E. Foy, in person, and by proxy 24 16
C. B. Foy, in person 16 6
Geo. Green, in person 5 3
C. S'. Wooten, in person 3 2
J. S. Claypoole, in person 1 1
Total 17,717 933
Respectfully submitted,
J. F. PARROTT,
C. B. FOY,
Proxy Committee.
It is thereupon announced by the Chairman that a
majority of the private stock, represented by ten or
more private stockholders, being present, and that the
State of North Carolina was duly and regularly repre-sented
by its proxy, Chas. S. Wallace, the meeting was
ready to proceed to the election of a permanent organi-zation,
and the transaction of its business.
Permanent Organization.
On motion of L. H. Cutler, and by a unanimous vote of
the meetting, the temporary organization was made
permanent.
Reading of Minutes and Reports Dispensed With.
On motion of C. L. Ives the reading of the minutes of
the last annual meeting, and reports of officers and
committees are dispensed with, the same having been
printed and distributed among the Stockholders.
Announcement of State Directors.
Chas. S. Wallace, State Proxy, announces the appoint-ment
by the Governor of the following Directors on the
part of the State, to wit:
A. D. O'Bryan, Beaufort, N. C.
H. D. Bateman, Wilson, N. C.
J. Lawrenec Jones, Charlotte, N. C.
W. D. LaRoque, Kinston, N. C.
Mrs. T. W. Bickett, Raleigh, N. C.
James H. Holloway, Ridgeway, N. C.
C. B. Park, Raleigh, N. C.
D. H. Collins, Greensboro, N. C.
Election of Directors by Private Stockholders.
Nominations for Directors on the part of the Private
Stockholders being declared in order the following are
placed in nomination by C. E. Foy, to wit:
Dr. J. Y. Joyner, Raleigh, N. C.
L. H. Cutler, New Bern, N. C.
Geo. P. Folk, Raleigh, N. C.
C. L. Ives, New Bern, N. C.
4
There being no other nominations, on motion nomi-nations
were closed, and the Secretary diretced to cast
the entire vote represented by the Private Stockholders
for the above named gentlemen, which is accordingly
done, and they each receiving six hundred and thirty-three
votes are declared duly elected.
Election of Three Members of Finance Committee by
Stockholders.
Nominations of three members of the Finance Com-mittee
on the part of the Stockholders being declared in
order the following are placed in nomination by C. E.
Foy, to wit:
Geo. Green, New Bern, N. C.
W. W. Griffin, New Bern, N. C.
J. K. Dixon, Trenton, N. C.
There being no other nominations, on motion, nomi-nations
were closed, and the Secretary directed to cast
the entire vote of the private stockholders for the above
named gentlemen, which is accordingly done, and they
each receiving six hundred and thirty-three votes, are
declared duly elected.
Appointment of Two Members of the Finance Commit-tee
by the Governor.
The State Proxy announces, the appointment by the
Governor of the following gentlemen as members of the
Finance Committee on the part of the State, which said
appointments, on motion of Dr. J. Y. Joyner are ratified
and confirmed by the stockholders, to wit:
' W. M. Webb, Morehead Citv, N. C.
W. J. Boyd, Ayden, N. C.
Election of Proxy Committee.
Nominations for Proxy Committee being declared in
order the followin gare placed in nomination by C. E.
Foy, to wit:
J. F. Parrott, Kinston, N. C.
E. H. Meadows, New Bern, N. C.
C. B. Foy, New Bern, N. C.
F. H. Whitty, New Bern, N. C.
J. S. Claypoole, New Bern, N. C.
There being no other nominations, on motions, nomi-nations
were closed, and the Secretary directed to cast
the entire vote of the private stockholders for the above
named gentlemen, which is accordingly done, and they
each receiving six hundred and thirty-three votes, are
declared duly elected.
Committee Members to Be Notified of Their Election.
On motion of Dr. J. Y. Joyner the Secretary of the
Company was instructed to notify each member of the
Finance and Proxy Committees of his election, and
further notify him that he was expected to attend all
meetings of his Committee upon notification.
Recess Adjournment for Dinner.
On motion, the meeting at 2 o'clock, P. M., took a re-cess
for dinner, to re-convene at 3 o'clock, P. M.
Re-Convening of Meeting After Recess for Dinner.
The meeting re-convened at 3 o'clock, P. M., pursuant
to recess adjournment, and the transaction of business
was resumed.
L. H. Cutler to Act With Secretary in Negotiating Sale
of Bonds.
On motion of C. E. Foy, L. H. Cutler was, appointed
to act in conjunction with Mr. Brewer, Secretary-Treas-urer,
in negotiating the sale of the bonds heretofore au-thorized
by the Board of Directors, and at a price not
less than that named in their Resolution.
Date and Place of Next Annual Meeting.
On motion of C. E. Foy, the next Annual Meeting of
the Stockholders is ordered held at Morehead City, North
Carolina, on the First Thursday after the First Monday
in August, 1927, it being the fourth day of said month.
Adjournment.
No further business appearing, on motion, the meet-ing
adjourned.
GEO. P. FOLK, Chairman.
GEO. GREEN, Secretary.
REPORT OF THE PRESIDENT.
To the Stockholders of the Atlantic & North Carolina Railroad
Company:
Gentlemen:
I herewith submit my annual report as President of the At-lantic
& North Carolina Railroad Company for the fiscal year
ending June 30, 1927. The building at Beaufort belonging to your
company which was leased to the government at an annual rental
of $845.00, said lease to run from year to year to be terminated
by either party giving thirty days' notice. The government has
cancelled their lease according to contract, on the post office on
June 30, 1927, but still retain their lease of the second story, for
a custom house. Director L. H. Cutler at once had removed from
the first floor (which was the post office) the post office furni-
6
ture and had same stored, so as to rent the building-
, and has
rented same at the same price, $635 per year. Director Cutler
while having- this furniture stored had an opportunity to sell one
roller top desk and rack, which was your porperty, for $25. Con-i
sidering this a good sale he accepted the offer and the $25 has
been placed in the hands of your Treasurer. I desire, as your
President, to thank Mr. Cutler for his interest and labor in stor-ing
this furniture and rele/asing this building'. I have duly and
legally transferred 33 shares of stock during the year ending-
June 30, 1927. I have completed the work started by ytfur former
president, Mr. A. D. O'Bryan, in regard to bonds deposited at
Wachovia Bank and Trust Company by Norfolk Southern Rail-road
Company and beg to advise that per your instructions at
your last annual meeting, I accepted $28,000.00 in bonds of the
Goldsboro depot, and eig'hty thousand dollars in North Carolina
Bonds and same is deposited with State Treasurer B. R. Lacy,
according to the resolution passed at our last regular annual
meeting. The semi-annual rentals due January 1, and July 1,
1927, of $31,451.00 each were paid promptly and your directors
declared dividends as follows: January, 1 3-4 per cent; July 1, a
regular dividend of 1 3-4, and a special dividend of 1-4 of 1 per
cent, the special dividend to be paid out of accumulated surplus.
I have been advised by M. S. Hawkins, secretary of Norfolk
Southern Railroad Company, that taxes for the year 1926,
amounting to $63,716.99, have been paid on your property. He
also advises that fire insurance in force July 1, 1927, amounts to
$337,350.00. I desire to call your attention to the report of the
Expert, Finance Committee and Treasurer. I will call your at-tention
to the increase expense in the organization expense ac-count.
This, you will note, was for the year ending June 30,
1926, $2,972.42, and for the year ending June 30, 1927, was $4,-
225.06, an increase of $1,252.64, and on investigation I find that in
1926 the Expert and the President did not draw their salary until
after the beginning of the year 1927; therefore you will find two
years' salary for the President and Expert in this yelar's ex-penses,
and an account of $790.28 for the audit made and pre-sented
at your last annual meeting and a special fee paid your
attorney of $150.00, the total of which is $1,140.28, the remainder
is explained by stating that the directors voted to pay traveling-expenses
to and from meetings, this being the first year this has
been done, 'you can readily see where the increase of $1,252.64 has
come from.
I wish to express to Messrs. Geo. Green and W. M. Webb,
members of the Finance Committee, the thanks and appreciation
of the Company for their very efficient services in auditing- the
books of the Secretary and Treasurer. I assure you it is a very
great pleasure to bring to your attention the valuable assistance
and courtesies shown me by the Directors and to Mr. Stacy
Brewer, Secretary and Treasurer of the Company, for the very
prompt and efficient manner in which he has discharged all the
duties pertaining to his office.
Respectfully submitted,
W. D. LaROQUE, President,
Atlantic and North Carolina Railroad Company.
SECRETARY-TREASURER'S REPORT.
July 1, 1926, to June 30, 1927.
To the Officers and Stockholders of the Atlantic & North Caro-lina
Railroad Company:
Gentlemen:
I submit herewith statement of receipts and disbursements
as Secretary-Treasurer of your Company from July 1, 1926, to
June 30, 1927, inclusive.
RECEIPTS
Balance on hand July 1, 1916, Dividend Account $ 1,068.98
Balance on hand July 1, 1926, Organization Account.... 700.01
Balance on hand July 1, 1926, Saving Account 2,000.00
Norfolk Southern Organization Account .... ; 1,200.00
Rent Building Beaufort 845.00
Interest Savings Account 40.20
Interest on A. & N. C. Bonds 90.00
Interest on N. C. Bonds 160.00
Anuual Rental N. S. Railroad Co 62,902.00
Bond Fund (Sale A. & N. C. Bonds) Bank of Vass 3,030.00
Total $71,976.19
DISBURSEMENTS
Per Diem and Expenses Directors $ 750.22
Postage 42.50
Expert's Salary (2 years) , 200.00
President's Salary (2 years) 200.00
Printing, Advertising, Office Supplies, Typewriting, etc 410.00
Premium on Treasurer's Bond 140.00
Special Attorney's Fee 150.00
Attorney's Salary 100.00
President's Expense 46.20
Material Building Beaufort Repairs 51.15
Office Rent 195.00
Salary 550.00
Water and Light 15.00
Audit and Tax Work 914.30
Finance Committee Expense, etc 53.28
Trustee Fees 98.75
Insurance Beaufort Building 3240
Taxefc 231.25
Telephone and Telegraph 10.31
Secretary's Expense 35.00
Dividends July 1, 192(6 31,284.75
Dividends, Previous Issue 44.25
Dividends January 1, 1927 31,298.75
Dividends, Previous Issue 17.50
Bank Balance, Organization Acct,, Bank of Vass 810.15
Bank Balance, Dividend Acct., Bank of Vass 409.00
Bank Balance, Bond Fund, Bank of Vass 3,030.00
Bank Balance, Dividend, Page Trust Co 856.73
Error Bank Account
Total $71,976.19
Your Treasurer has in his hands, belonging to your
Company, four North Carolina State 4 per cent
$1000.00 Bondds $ 4,000.00
Respectfully submitted,
STACY BREWER, Secretary-Treasurer.
Exhibit A
ATLANTIC & NORTH CAROLINA RAILROAD CO.
COMPARATIVE BALANCE SHEET
RESOURCES AND LIABILITIES.
RESOURCES
July 1, 1926 July 1, 1927
Cash Org. Acct., Bank of Vass $ 700.01 $ 810.15
Cash Div. Acct., Bank of Vass 152.25 409.00
Cash Div. Acct., Page Trust Co 856.73 856.73
N. C. Bonds, 4 per cent 4,000.00 4,000.00
A. & N. C. Bonds, 6 per cent 3,000.00
Cash Sav. Acct., Bank of Vass 2,000.00 3,030.00
Investment Road and Equipment 2,122,200.00 2,122,200.00
Total $2,132,908.99 $2,131,305.88
LIABILITIES
Unpaid JJividencW , $ 2,673.00' $ 2,929.75
Funded Debt 325,000.00 325.000.00
Capital Stock 1,797,200.00 1,797,200.00
Surplus 8,035.99 5,876.13
Depreciation Reserve 300.00
Total $2,132,908.99 $2,131,305.88
Exhibit B
ATLANTIC & NORTH CAROLINA RAILROAD CO.
INCOME AND EXPENSE
ORGANIZATION FUND.
July 1, 1926 to July 1, 1927.
RECEIPTS
Premium on Sale A. & N. C. Bonds over $3,000.00 $ 30.00
9
Rents Building Beaufort 845.00
N. S. Organization Fund, $100 per month 1,200.00
N. C. Bond Interest $4,000, 4 per cent Bonds 160.00
A. & N. C. Bond Interest $3,000, 6 per cent Bonds, 6 mo.... 90.00
Interest Savings Account 40.20
To Balance From Surplus 2,159.86
Total $4,525.06
EXPENSE
Directors' Expense and Per Diem $ 750.22
Postage 42.50
Printing, Advertising, Stationery, Office Supplies, Type-writing
and Clerical Help 410.00
Expert's Salary (2 years) 200.00
President's Salary (2 years) 200.00
President's Expense 46.20
Setcys. Office Rent to Aug 1, 1927 (13 mo.) 195.00
Secty. Salary to July 1, 1927 (11 mo.) 550.00
Bond Premium 140.00
Attorney Fees, Special 150.00
Attorney's Salary 100.00
Repairs Beaufort Building 51.15
Water, Rent and Taxes 246.25
Insurance Beaufort Building 32.10
Audit, Tax Work, Corporation Reports, Etc 914.30
Telephone and Telegraph 10.31
Finance Committees Expense 53.28
Trustees Fees (Bonds) 98.75
Secty's Traveling Expense 35.00
Depreciation Reserve Beaufort Building 300.00
Total $4,525.06
Exhibit C
ATLANTIC & NORTH CAROLINA RAILROAD CO.
DIVIDEND FUND.
July 1, 1926, to July 1, 1927.
RECEIPTS
July 1, 1926 N. S. Rent $31,451.00
January 1, 1927 N. S. Rent 31,451.00
Total $62,902.00
DISBURSEMENTS
July 5, 1926 Dividends Paid $31,329.00
January 5, 1927 Dividends Paid 31,316.25
To Balance 256.75
Total $62,902.00
10
Schedule 1
ATLANTIC & NORTH CAROLINA RAILROAD CO.
RENTS AND DIVIDENDS
DIVIDEND ACCOUNT
July 1, 1926 to July 1, 1927.
June 30, 192*, Bal Unp. Div 2,673.00
July 1, 1926 Rent Railroad 31,451.00
July 1, 1926 Dividends Paid $31,284.75
January 1, 1927 Rent Railroad 31,451.00
January 1, 1927 Dividends Paid 31,298.75
June 30, 1927 Prior Div. Paid 61.75
$65,575.00
$62,645.25
July 1, 1927 Unpaid Dividends $ 2,929.75
Schedule 2
ATLANTIC & NORTH CAROLINA RAILROAD CO.
SURPLUS ACCOUNT
July 1, 1910, to July 1, 1927.
July 1, 1913, 1-4 of 1 pc. N. S. Rent $4,493.00
July 1, 1923, 1-4 of 1 pc. N. S. Rent 4,493.00
Dec. 31, 1923, Total Surplus $8,986.00
June 30, 1924, To Org. Fund to Bal $ 781.12
June 30, 1926, To Org-. Fund to Bal 168.89
June 30, 1927, To Org. Fund to Bal 2,159.86
Total Surplus Charges 3,109.87
Surplus Balance July 1, 1927 $5,876.13
Schedule 3
ATLANTIC & NORTH CAROLINA RAILROAD CO.
RECONCILIATION BANK ACCOUNT.
ORGANIZATION ACCOUNT.
Bank Balance July 1, 1927 $885.36
Eror in bank book (made by bank) 3.69
Total $889.05
Following Vouchers' Outstandding:
673 Allen D. O'Bryan : $15.90
674 Annie L. Gaskin 3.75
676 D. H. Collins 11.25
11
677 L. H. Cutler 10.00
678 W. D. LaRoque 11.00
679 J. L. Jones 17.00
680 Postmaster 10.00
78.90
Book Balance $810.15
Schedule 4
ATLANTIC & NORTH CAROLINA RAILROAD CO.
RECONCILIATION BANK ACCOUNT.
DIVIDEND FUND.
Bank Balance Page Trust Co., Sanford $ 856.73
Bank Balance Bank of Vass, Vass 412.00
Total $1,268.73
Error in Bank of Vass, Vass 3.00
Book Balance July 1, 1927 $1,2)65.73
Schedule 5
ATLANTIC & NORTH CAROLINA RAILROAD CO.
UNPAID DIVIDENDS
July 1, 1926, to July 1, 1927.
Check No. 2 Thos. H. Allen $ 1.75
Check No. 4 Bridges Arenden 1.75
Check No. 10 C. C. Bell 1.75
Check No. 34 Kate L. Carraway 1.75
Check No. 40 W. H. Chapin 1.75
Check No. 45 W. O. Collier 1.75
Check No. 49 James W. Cox Estate 3.50
Check No. 67 W. J. Davis 1.75
Check No. 77 Walter Duffey 1.75
Check No. 83 Thos. Fairhain 3.50
Check No. 87 Chas. B. Finley 1.75
Check No. 91 Wm. B. Fort 1.75
Check No. 92 J. H. Faust 8.75
Check No. 105 W. B. Fulford 1.75
Check No. 106 L. A. Garner 3.50
Check No. 107 W. B. Gaskill 1.75
Check No. 108 P. Gibson 5.25
Check No. Ill Martha W. Graham 5.25
Check No. 121 W. W. Guess 1.75
Check No. 124 A. E. Hall 3.50
Check No. 125 J. B. Hanks 1.75
Check No. 131 Miss May Harvey 3.50
12
Check No. 132 Mrs. L. Harvey 1.75
Check No. 140 Walter Henry 1.75
Check No. 141 I. S. Hill 1.75
Check No. 143 D. Hilton 1.75
Check No. 157 Bertha Jones, Guardian 8.75
"Check No. 158 Harry Jones 1.75
Check No. 159 L. W. Jones 1.75
Check No. 167 R. E. Kinsey 1.75
Check No. 173 C. H. Latham 1.75
Check No. 175 Henry Lee's Estate 1.75
Check No. 177 Juel Loftin 1.75
Check No. 178 Wm. S. Long '. 7.00
Check No. 190 Alex Miller 1.75
Check No. 192 R. W. Moore 1.75
Check No. 193 W. A. Moore 1.75
Check No. 198 Macon Moye , 1.75
Check No. 204 A. M. Nason 1.75
Check No. 209 A. B. Palmer 1.75
Check No. 210 David Parker 1.75
Check No. 212 James A. Parrott Estate 1.75
Check No. 221 Kate Pollock 1.75
Check No. 224 C. S. Primrose 1.75
Check No. 228 Geo. C. Rexford 1.75
Check No. 229 H. V. Richardson 1.75
Check No. 233 W. B. Rodman, Jr., Trustee 3.50
Check No. 241 Samuel Salyear 1.75
Check No. 255 J. H. Steadman 1.75
Check No. 261 Wm. Sutton 3.50
Check No. 262 J. H. Swindell 1.75
Check No. 263 J. T. Taylor 1.75
Check No. 264 R. W. Taylor 5.25
Check No. 265 W. T. Taylor 1.75
Check No. 266 W. G. Thomas 1.75
Check No. 267 Fruetta Tolson 1.75
Check No. 271 J. R. Wagner 1.75
Check No. 272 Walker Farrar and Co 1.75
Check No. 273 Grigella J. Walker 1.75
Check No. 274 R. M. Walker 1.75
Check No. 275 George Washington 8.75
Check No. 276 Henry Waters, Sr 1.75
Check No. 286 Clark Whitford 1.75
Check No. 292 T. C. Willis 1.75
Check No. 294 W. S. Wilson 3.50
Check 304 T. F. Wrenn 1.75
Check No. 501 Thos. H. Allen 1.75
Check No. 503 Bridges Arenden 1.75
Check No. 507 Agnes Foy Barden 1.75
Check No. 509 C. C. Bell 1.75
Check No. 532 Kate L. Carraway 1.75
13
Check No. 538 W. H. Chapin 1.75
Check No. 544 W. 0. Collier 1.75
Check No. 548 James W. Cox Estate 3.50
Check No. 564 W. J. Davis 1.75
Check No. 581 THos. Fairbaine 3.50
Check No. 585 Chas. B. Finley 1.75
Check Nofl 590 J. H. Faust 8.75
Check No. 603 W. B. Fulford 1.75
Check No. 605 W. B. Gaskins 1.75
Check No. 606 P. Gibson 5:25
Check No. 619 W. W. Guess 1.75
Check No. 622 A. E. Hall 3.50
Check No. 623 J. B. Hanks 1.75
Check No. 638 Walter Henry 1.75
Check No. 639 Isaac S. Hill 1.75
Check No. 641 Daniel Hilton 1.75
Check No. 654 Alex Johnson 8.75
Check No. 656 Harry Jones 1.75
Check No. 657 T. W. Jones 1.75
Check No. 664 P. R. Kinsey 1.75
Check No. 665 R. E. Kinsey » 1.75
Check No. 671 C. H. Latham 1.75
Check No. 675 Joel Loftin 1.75
Check No. 676 W. S. Long 7.00
Check No. 688 Alex Miller 1.75
Check No. 690 R. W. Moore 1.75
Check No. 691 W. H. Moore 1.75
Check No. 696 Macon Moye 1.75
Check No. 702 A. M. Nason 1.75
Check No. 707 A. B. Palmer 1.75
Check No. 708 David Parker 1.75
Check No. 719 Kate Pollock 1.75
Check No. 726 George C. Rexford 1.75
Check No. 727 H. V. Richardson 1.75
Check No. 738 S. Salyear 1.75
Check No. 752 J. T. Steadman 1.75
Check No. 758 Wm. Sutton 3.50
Check No. 759 J. H. Swindell 1.75
Check No. 762 W. T. Taylor 1.75
Check No. 763 W. G. Thomas 1.75
Check No. 764 Finetta Tolson 1.75
Check No. 768 J. R. Wagner 1.75
Check No. 769 Walker, Farrar and Co 1.75
Check No. 770 Grizella J. Walker j 1.75
Check No. 771 R. M. Walker 1.75
Check No. 772 George Washington 8.75
Check No. 773 Henry Waters, Sr 1.75
Check No. 783 Clark Whitford 1.75
Check No. 788 T. C. Willis 1.75
14
Check No. 790 W. S. Wilson 3.50
Check No. 800 T. F. Wrenn 1.75
Check No. 803 E. H. Meadows, Jr 3.50
Check No. 722 C. S. Primrose 1.75
Check No. 663 W. T. Joyner 3.50
Check No. 582 Mrs. Mary M. Faulkner 1.75
Check No. 575 Mrs. M. C. Duffey 3.50
Check No. 574 Walter Duffey 1.75
Total $318.50
Schedule 6
ATLANTIC & NORTH CAROLINA RAILROAD CO.
DIVIDENDS OF PREVIOUS ISSUE PAID.
July 1, 1926, to July 1, 1927.
Mrs. M. C. Duffey $ 16.00
B. B. Davenport 8.75
C. B. Aycock Estate 1.50
Mrs. R. L. Patterson 18.00
Martha W. Graham 5.25
W. B. Rodman, Jr 3.50
W. B. Fort 1.75
J. F. Taylor 1.75
Martha W. Graham , 5.25
Total $ 61.75
FINANCE COMMITTEE REPORT.
July 15, 1927.
To the Officers and Stockholders of the Atlantic & North Caro-lina
Railroad Company:
Gentlemen:
We, the undersigned members of the Finance Committee, for,
and in behalf of said committee, went to Vass, N. C, on July 14,
1927, and checked the accounts of Mr. Stacy Brewer, Secretary
and Treasurer of your Company, and beg leave to submit here-with
a financial statement covering the fiscal year from July 1,
1926, to July 1, 1927.
RECEIPTS
Balance on hand July 1, 1926 $ 3,708.99
Semi-annual rental from N. S. R. R. Co., July 1, 1926.... 31,451.00
Semi-annual rental from N. S. R. R. Co., Jan. 1, 1927.... 31,451.00
Organization expenses 1,200.00
Rental of Beaufort Building 845.00
Annual interest on $,4000 N. C. State Bonds 160.00
Six months interest on $3,000 first mortgage A. & N. C.
Bonds 90.00
15
Interest on Certificate of Deposit of $2,000 40.20
Total $68,946.19
DISBURSEMENTS
Salaries of Officers, as follows:
Salary of Expert for two years $ 200.00
Salary of President for two years 200.00
Salary Attorney one year 100.00
Salary Sec. & Treasr. one year 550.00
Total $ 1,050.00
Special Audit of Treasurers Books 790.28
Special Attorneys fees paid H. L. Godwin 150.00
Office rent, per diem, and expenses of officers and com-mittees
14,682.51
Taxes, insurance and repairs to Beaufort Building 329.50
American Trust Co., Trust Officers 98.75
Making out Inter-State tax reports 124.02
Balance chargeable to Sec. & Treasurer 64,721.13
Total $68,946.19
Explanation of balance chargeable to Secretary & Treasurer:
The vouchers covering disbursements for dividends for the
fiscal year July 1, 1926, to July 1, 1927, having been misplaced by
the Secretary, he could not furnish your committee with these
vouchers for their audit, hence your committee has charged them
to the Secretary and Treasurer.
Your Secretary and Treasurer, by direction of the Board of
Directors, has disposed of the three First Mortgage 6 per cent
Bonds of the A. & N. C. Railroad Company for $3,000, and has
this amount on deposit to the credit of the A. & N. C. R. R. Com-pany
in the Bank of Vass.
Your Secretary and Treasurer also holds as the property of
your company four North Carolina State Bonds, bearing 4 per
cent interest, in the denomination of $1,000 each, which are held
in the Bank of Vass for safe keeping.
All of which is respectfully submitted.
GEO. GREEN,
W. M. WEBB,
For Finance Committee.
EXPERT'S REPORT.
July 9th, 1927.
To the President and Directors of the Atlantic & North Carolina
Railroad Company, and President of the Norfolk South-ern
Railroad Company.
Gentlemen:
We, the undersigned Experts, on the part of the Lessor and
16
Lessee, submit herein our Annual Report on the condition of the
property of the Atlantic & North Carolina Railroad Company,
which we inspected on July 9th, 1927.
ROADWAY AND TRACK—Both roadway and track have been
maintained in a satisfactory manner.
CROSS AND SWITCH TIES—The required cross tie renewals
have been made during the year. The percentages of
new and serviceable ties in the track are considerably in
excess of the requirements of the Lease.
The following ties were used in maintanance during the
fiscal year 1926-1927:
Number
Cross Ties of Ties Value.
Main Track 43,325 $36,720.25
Side Tracks 6,082 5,169.70
Total 49,407 $41,889.95
Switch Ties, total sets 40% 3,582.25
Total value Cross and Switch Ties used $45,472.20
RAILS—The track rails are maintained in first-class condition
and, in order to do this, the Railroad Company used
105.01 tons of 60 lb. rails for replacement of worn or
damaged rails, divided as follows:
Main Track 99.01 $ 2,596.98
Side Tracks 16.01 424.95
Total 105.01 $ 3,021.93
BALLAST—3090 cu. yds. of ballast were used in track improve-ment
during the year, divided as follows:
Cinders 690 cu. yds.
Gravel 1170 cu. yds.
Granite Screenings 1230 cu. yds.
Total 3090 cu. yds.
BRIDGES, TRESTLES AND CULVERTS—These structures
have received all necessary repairs and are properly
maintained to the strength and service condition re-quired.
During the year the following lumber and piles were
used in the maintenance of these structures:
Lumber used 81,209 Ft. BM.—Value $2,761.06
Piles used 1,720 Lin. Ft.—Value 886.80
Total value Lumber and Piles used $3,647.86
BEAR CREEK TRESTLE NEAR LaGRANGE:
Installed 31 ft. steel span over drainage canal, replacing
equal length of timber trestle—Cost $2,200.00
BUILDINGS—All of the buildings and platforms and scales have
17
been given the necessary repairs, for which purpose
118,648 Ft. BM. of lumber was used—Value.....$7,050.3O
All Station buildings have been repainted during the
year and now present a very fine appearance.
Goldshoro:—Erected Platform near Local Freight
Station for handling cotton, increasing facilties.
Cost $2,100.00
Kinston:—Provided comfort and sanitary facilities at
Freight Station—Cost $700.00
PAVING—Street Crossing at Kinston paved with Asphalt
—
Cost $1,500.00
SPURS AND SIDE TRACKS—During the year 2,324 feet of In-dustrial
tracks were constructed.
Several Highway Contractors having finished with
side tracks constructed for their use, such tracks were re-moved—
total length of tracks removed 2,095 feet, re-sulting
in a net increase in side tracks of 229 feet.
EQUIPMENT—The Railroad has properly maintained, in con-formity
with the requirements of the Lease, all of the
Equipment of your Company.
In general, our opinion is that the terms of the Lease
are being complied with in every respect.
Respectfully submitted,
T. BODDIE WARD, Expert A. & N. C. R. R. Co.
F. L. NICHOLSON, Expert N. S. R. R. Co.
STATEMENT OF INSURANCE CARRIED ON PROP-ERTY
OF ATLANTIC & NORTH CAROLINA
RAILROAD COMPANY AS OF JULY 1, 1926.
Location. Description. Amount.
Goldsboro: Section Foreman's Tool House $ 200.00
Goldsboro: Local Freight Warehouse and Office 10,250.00
Goldsboro: Freight Stor. Warehouse, Office and P'form 8,000.00
Goldsboro: Box Car "A" for Car Inspector 350.00
Goldsboro: Box Car "B" Foreman's Office 500.00
Goldsboro: Water Tank 500.00
Bests: Station and Platform 2,500.00
Fields: Platform and Shed 500.00
LaGrange: Section Tool House 200.00
LaGrange: Passenger and Freight Station 8,050.00
LaGrange: Shed and Platform 1,200.00
Falling Creek: Station 700.00
Falling Creek: Pumphouse 250.00
Falling Creek: Wa':er Tank 500.00
Kinston: Union Passenger Station (1-2 interest) 20,000.00
Kinston: Warehouse and Platform No. 2 10,000.00
Kinston: Partly Covered Cotton Platform 8,000.00
Kinston: Section Tool House 200.00
Kinston: Box Car Body Used by Section Foreman 200.00
18
Kinston: Water Tank 1,000.00
Kinston: Pumphouse 250.00
Kinston: Two Box Car Bodies Used as Bridge Tend. Hs 400.00
Caswell: Station and Platform 1,500.00
Dover: Station and Platform 6,100.00
Dover: Section Tool House 200.00
Cove: Pumphouse 650.00
Cove: Water Tank 500.00
Cove: Section Tool House 200.00
Cove: Station 2,650.00
Tuscarora: Station 2,0r>0.00
Tuscarora: Platform 100.00
Hymans: Station and Platform 200.00
Clarks: Station 70<7 .00
Clarks: Section House 1,500.00
Clarks: Section Tool House 200.00
New Bern: Trent River Bridge Tender's House 1,500.00
New Bern: Wharf and Canopy, Trent River 3,500.00
New Bern: Warehouse No. 2, Trent River 25,800.00
New Bern: Covered Platform, Trent River 5,000.00
New Bern: Transfer Platform, Trent River 300.00
New Bern: 114 S. Front St., Office and Store Room 1,000.00
New Bern: Passenger Station and Shed 22,500.00
New Bern: Box Car "C" Storage of Supplies 650.00
New Bern: Box Car "H" Storage of Paint 200.00
New Bern: Box Car "D" Storage of Shop Material 700.00
New Bern: Box Car "I" Storage of Brushes and Paint 200.00
New Bern: Box Car "K" Motor Car Repair Shop 200.00
New Bern: Box Car "G" Waste Car 100.00
New Bern: Box Car body 5211 used as Air B Rep'r. Sp. 300.00
New Bern: Box Car Bodies Nos. 2025-2050 Camp Cars 200.00
New Bern: Box Car "J" Headlight Repairs 200.00
New Bern: Box Car 5110 for colored freight handlers.... 150.00
New Bern: Paint Shop 5,000.00
New Bern: Box Car "B" Storage of Bolts and Tools .... 200.00
New Bern: Box Car "L" used by Engineers for Stor-age
of oil cans, tool boxes, etc 200.00
New Bern: Box Car "A" Foreman's Office and Tl. Room 200.00
New Bern: Box Car "E" Storage of Paint 200.00
New Bern: Machine Shop, Blacksmith Shop, Boiler
and Engine Room 43,600.00
New Bern: Carpenter Shop 4,450.00
New Bern: Car Repair Shed 2,500.00
New Bern: Planing Mill : 12,500.00
New Bern: Engine House 17,000.00
New Bern: Oil House Adjoining Roundhouse 1,000.00
New Bern: Coal Hoist 5,000.00
New Bern: Pumphouse and Extension 1,500.00
New Bern: Section Foreman's T. H. and Contents 250.00
19
New Bern: Supervisor's Car House 75.00
New Bern: One Room F. House, Gen. F'man's Office.... 850.00
New Bern: Yard Master's Office 450.00
Thurman Station 700.00
Riverdale: Station 2,000.00
Riverdale: Tool House 200.00
Newport: Station 4,050.00
Newport: Section Tool House 50.00
Croatan: Station and Platform 2,000.00
Wildwood: Station 1 700.00
Mansfield: Station 2,000.00
Pine Grove: Platform and Shed 175.00
Havelock: Station 2,000.00
Havelock: Pumphouse 500.00
Havelock: Water Tank 500.00
Havelock: Section House 1,200.00
Havelock: Section Foreman's Tool House 200.00
Morehead City: Passenger Station, Camp Ground 2,050.00
Morehead City: Passenger Station, Town 13,250.00
Morehead City: Freight Station 7,000.00
Morehead City: Bridge Tender's House 1,000.00
Morehead City: Section Foreman's Tool House 200.00
Morehead City: Atlantic Hotel and all Bldgs. used in
connection therewith 23/,000.00
Trestles.
Trent River, 1,700 feet ! 5,000.00
Neuse River, 634 feet 2,800.00
Stqney Creek, Mp3, 84 feet 1,200.00
Bear Creek, Mp 12, 84 feet 1,200.00
Falling Creek Mp 19.9, 84 feet 1,200.00
Falling Creek, Mp 29.8, 84 feet 1,200.00
Falling Creek, Mp 29.9, 75 feet 1,000.00
Cove Creek, Mp 42.2, 150 feet 1,500.00
Batchelor Creek MP
Mp 50.5, 110 feet 1,500.00
Mp 60.2, 137 feet 1,400.00
Mp 75.6, 125 feet 1,800.00
Mp 84.4, 200 feet 3,000.00
Total $337,350.00
I, M. S. Hawkins, Secretary of Norfolk Southern Railroad
Company, certify that the foregoing is a correct statement of the
insurance carried by the Norfolk Southern Railroad Company on
property of the Atlantic & North Carolina Railroad Company as
of July 1, 1927.
In testimony whereof I hereunto affix my hand and seal of
this Company this 13th day of July, 1927.
M. S. HAWKINS,
SEAL Secretary.
20
STATEMENT OF TAXES PAID BY NORFOLK
SOUTHERN RAILROAD COMPANY ON PROPERTY
OF ATLANTIC & NORTH CAROLINA RAILROAD
COMPANY FOR THE YEAR 1926.
North Carolina Income Tax $ 2,901.09
United States Government Income Tax 9,400.16
Wayne County 4,082.63
City of Goldsboro 624.56
Lenoir County 9,195.03
City of Kinston 1,654.40
Town of LaGrange «.. 386.05
Jones County 1,415.18
Craven County ' 20,230.63
Town of Dover 127.47
City of New Bern 1,208.00
Town of Morehead City 1,868.95
Town of Newport 111.30
Carteret County , 10,511.54
Total $63,716.99
I, M. S. Hawkins, Secretary of the Norfolk Southern Railroad
Company, certify that the foregoing is a correct statement of the
taxes paid by the Norfolk Southern Railroad Company on prop-erty
of the Atlantic & North Carolina Railroad Company for the
year 1926.
In testimony whereof I hereunto affix my hand and the seal
of this Company, this 13th day of July, 1927.
M. S. HAWKINS,
SEAL Secretary.
21
LIST OF STOCKHOLDERS OF ATLANTIC & NORTH
CAROLINA RAILROAD COMPANY, AS OF
July 1st, 1927.
Name Address Shares Votes
Allen, James M., Muskogee, Okla 2 1
Allen, Thos. H. (Unknown) 1 1
A. C. L. of Conn., Baltimore, Md 11 5
American Trust Co., and Wm. H. Williamson,
Jr., Ex. estate of Wm. H. Williamson, Char-lotte,
C 5 3
Arendell, Bridges, (Unknown) 1 1
Avery, W. D., Smithfield, N. C 2 1
Aycock, C. B. Est., Raleigh, N. C 1 1
Barden, Mrs. Agnes Foy, New Bern, N. C 1 1
Barwick, John H., Grifton, N. C „...,. 1 1
Baxter, Joseph J., New Bern, N. C 1 1
Bell, Mary F., Ocean, N. C 1 1
Bell, D. S.,Ocean, N. C 1 1
Best, M. J., Goldsboro, N. C 1 1
Bizzell, J. W., Goldsboro, N. C 1 1
Bizzell, K. E., Goldsboro, N. C 7 4
Bizzell, M. E., Goldsboro, N. C 1 1
Boney, D. E., Wallace, N. C 1 1
Booth, Benj. V., Jr., Danville, Va 1 1
Booth, Lee S., Danville, Va 1 1
Borden, E. B., Goldsboro, N. C 2 1
Bowden, B. J., Goldsboro, N. C 1 1
Bradham, C. D. New Bern, N. C 5 3
Briggs, Beulah S., Raleigh, N. C 4 2
Briggs, F. H., Jr., Raleigh, N. C 1 1
Brooks, F. F., Kinston, N. C 1 1
Bryan, James A., New Bern, N. C 4 2
Bryan, C. S., Trustee, New Bern, N. C 3 2
Bryan, C. S., Trustee, New Bern, N. C 3 2
Bryan, Washington, New York, N. Y 1 1
Bryan, Mrs. Anna. G., New York, N. Y 33 9
Barbara McCabe Croom, Dover, N. C 1 1
Caho, W. T., Bayboro, N. C 1 1
Carraway, Kate L., (Unknown) 1 1
Carraway, Louise E., New Bern, N. C 2 1
Chadwick, Annie D., New Bern, N. C 1 1
W. S. Chadwick, Beaufort, N. C 15 6
Chadwick, W. W., Beaufort, N. C 10 5
Chapin, W. H., (Unknown) 1 1
Citizens Saving & Trust Co., Cleveland, Ohio.... 1 1
Clark, H. J. B., Chipley, Fla 1 1
Clark, Mrs. W. T., Wilson, N. C 6 3
Claypool, J. S., New Bern,( N. C 1 1
Cobb, W. H. Jr., Goldsboro, N. C 1 1
Name Address
Collier, Wm. 0., Goldsboro, N. C
County of Craven, New Bern, N. C
County of Pamlico, Bayboro, N. C
Cox, James G., Estate, Kinston, N. C
Cox, James W., Estate, Kinston, N. C
Crabtree, Geo. E., Estate, Goldsboro, N. C
Crawford, Mary L., Goldsboro, N. C
Cutler, L. H., New Bern, N. C
Cutler, L. H., Trustee, L. H. C, Jr., New Bern,
N. C
Cutler, L. H., Trustee Fannie C, New Bern,
N. C _
Cutler, L. H., Trustee, L. C. Roberts, New Bern,
N. C
Cutler, L. H., Trustee, R. H. Winston, New
Bern, N. C
L. H. Cutler, attorney-in-fact for S. E. Wads-worth,
New Bern, N. C
Cutler, Laura D., New Bern, N. C
Cutler, Bertha B., New Bern, N. C
Dalton, Wm. Reid, Reidsville, N. C
Daniel, Ruby B., New Bern, N. C
Daniel, Thomas, New Bern, N. C
Davenport, B. B., New Bern, N. C
Davis, A. C, Jr., Goldsboro, N. C
Davis, George, Beaufort, N. C
Davis, Laura G., Beaufort, N. C
Davis, W. J., (Unkown)
Julius G. Dees, Greensboro, N. C
Dewey, E. B., Goldsboro, N. C
Dewey, Hattie M., Goldsboro, N. C
Dill, S. L., New Bern, N. C
Dortch, Isaac F., Estate, Goldsboro, N. C
Dortch, Wm. T., Goldsboro, N. C
Douglass, W. B., Kinston, N. C
Drewery, John C. Est., Raleigh, N. C
Duffy, Mrs. M. C, (Unknown)
Duffy, Walter, New Bern, N. C
Dunn, Janie B., Wilmington, N. C
Dunn, Willie A., Wilmington, N. C
Dunn, Wm., New Bern, N. C
Edwards, John W., Goldsboro, N. C
Ewell, S. E., Elizabethtown, N. C
Fairbain, Thomas, (Unknown)
Falkener, Mrs. Mary M., Goldsboro, N. C
Fields, Mrs. Bertie, La Grange, N. C
Fields, Lillian, La Grange, N. C,
Finley, Chas. B., (Unknown)
23
Shares Votes
1 1
1293 136
202 27
1 1
2 1
3 2
2 1
7 4
2 1
1 1
1 1
5 3
1 1
1 1
4 2
1 1
1 1
5 3
5 3
40 10
1 1
1 1
1 1
1 1
14 6
1 1
1 1
1 1
1 1
1 1
2 1
1 1
5 3
5 3
1 1
3 2
1 1
2 1
1 1
1 1
1 1
1 1
Name Address Shares Votes
Folk, Bessie McM., Raleigh, N. C
Folk, George P., Raleigh, N. C
Folk, Mrs. Kate W., Raleigh, N. C
Fort, Willie B., Pineville, N. C
Foust, J. H., (Unknown)
Foy, Agnes C, New Bern, N. C
Foy, Annie E., New Bern, N. C
Foy, Agnes G., New Bern, N. C
Foy, Claudius B., New Bern, N. C
Foy, C. E., New Bern' N. C
Foy, Claudius Paton, New Bern, N. C
Foy, David F., New Bern, N. C
Foy, E. A., Kinston, N. C
Foy, Elizabeth H., Kinston, N. C
Foy, H. A., Kinston, N. C
Foy, Louis Fowler, New Bern, N. C
Foy, Ruby L., Kinston, N. C
Fulford, W. B., Jacksonville, Fla
Garner, L. A., Warsaw, N. C
Gaskins, W. B. (Unknown)
Gibson, P, (Unknown)
Giddens, R. I., Goldsboro, N. C
Gordon, J. W., Richmond, Va
Graham, Martha W., Cades, S. C
Grantham, Gideon E., Goldsboro, N. C
Grantham, J. M., Goldsboro, N. C
Gray, Mrs. C. L., Raleigh, N. C
Green, George, New Bern, N. C
Green, John, New Bern, N. C
Green, T. A., New Bern, N. C
Griffin, Mrs. L. W., Nashville, N. C
Griffin, W. W., New Bern, N. C
Griswald, W. J., Durham, N. C
Guess, W. W., (Unknown)
Guion, 0. H., New Bern, N. C
Guion, Mrs. Pattie R., New Bern, N. C
Hall, A. E. (Unknown)
Hanks, James B., (Unknown)
Harney, John M., Raleigh, N. C
Harrison, J. M., New Bern, N. C
Harrison, Mary E., New Bern, N. C
Harvey, C. F., Kinston, N. C ; ...
Harvey, Chas. Felix, Kinston, N. C
Harvey, Miss May, Kinston, N. C.
Harvey, Mrs. L., Kinston, N. C
Hatch, Mrs. G. K., Wilmington, N. C
Hatch, J. R., Wilmington, N. C
Hawkins, M. S., Norfolk, Va
24
1 1
5 3
1 1
1 1
5 3
6 3
1 1
1 1
1G 6
5 3
1 1
1 1
1 1
1 1
1 1
1 1
1 1
1 1
2 1
1 1
3 2
3 2
1 1
3 2
1 1
1 1
3 2
5 3
1 1
1 1
1 1
1 1
1 1
1 1
5 3
20 7
2 1
1 1
1 1
1 1
3 2
5 3
1 1
2 1
1 1
1 1
1 1
00 65
Name Address
Haywood, Ernest, Raleigh, N. C
Hauff, John F., Jr., New Bern, N. C
Henry, Daniel, New Bern, N. C
Henry, Emma J., New Bern, N. C
Henry, Walter, (Unknown)
Hill, Isaac. S., (Unknown)
Hill, Mrs. Sarah L., Beaufort, N. C
Hilton, Daniel, (Unknown)
Holt, Mrs. Jane, Smithfield, N. C
Holt, Robert R., Smithfield, N. C
Holt, Mrs. Pearl A., Smithfield, N. C
Hood, J. E., Kinston, N. C
Home, A., Estate, Clayton, N. C
Howard, Nelson F., Tarboro, N. C
Hunter, William, Kansas City, Mo
Hutton, P. C, Denver, Col
Hyman, T. B., New Bern, N. C
Hyman, T. G., New Bern, N. C
Ives, C. L., New Bern, N. C
Mattie Griffin Ives, New Bern, N. C
Jackson, J. L., Kinston, N. C
Johnson, Alex, (Unknown)
Ben O. Jones, New Bern, C
Jones, Harry, (Unknown)
Jones, T. W., (Unknown)
Jones, W. G., Kinston, N. C
Joyner, Addie N., La Grange, N. C
J. Y. Joyner, Raleigh, N. C
Joyner, Laura, La Grange, N. C
Joyner, W. T., La Grange, N. C
Kinsey, P. R. (Unknown)
Kinsey, R. E., (Unknown)
Kilpatrick, Henrietta K., Hookerton, N. C
Kornegay, Mary Evelyn, Mount Olive, N. C.
Kornegay, Mabel Wooten, Mount Olive, N. C.
Kornegay, W. P., Mount Olive, N. C
Lang, Mrs. W. M., Farmville, N. C
Latham, C. H., (Unknown)
Latham, J. E., Greensboro, N. C
Lee, Henry, Estate, Goldsboro, N. C
Lewis, W. L., New Bern, N. C
Loftin, Joel, (Unknown)
Long, W. S. (Unknown)
Loyall, George R., Norfolk, Va
Mallison, T. H„ Kinston, N. C
Manley, Mat, Estate, Norfolk, Va
Mathews, Mrs. W. J., Goldsboro, N. C
Mayfield, Robert Hay, Chicago, 111.
Shares
5
Votes
3
4
1
4
1083
2
1
1
I
78
25
Name . Address Shares Votes
Meadows, E. H., Jr., New Bern, N. C
Meadows, Sarah L., New Bern, N. C
Meadows, Wade, New Bern, N. C.
Metts, Miss S. E., New Bern, N*. C
Metts, W. P., Estate, New Bern, N. C
Mewborne, L. J., Kinston, N. C
Miller, Alex, Estate, Rocky Mount, N. C
Mitchell, F. G., New Bern, N. C
Moore, R. W. (Unknown)
Moore, W. H., (Unknown)
Morehead, J. L., Durham, N. C
Herbert Mosley, Jr., Kinston, N. C
Preston W. Mosely, Kinston, N. C
Mary Etta Mosley, Kinston, N. C
Moseley, Mrs. H. E., Kinston, N. C
Moseley, Wiley T., Kinston, N. C
Moye, Macon, (Unknown)
McCoy, L. W., Burgaw, N. C
McCoy, Wra. S., Estate, Cove City, N. C
McDowell, Charles S., Pittsburg, Pa
McGowan, J. C. and S. F., Philadelphia, Pa
McGowan, John S., Philadelphia, Pa
Nas.on, Albert M. (Unknown)
Nunn, R. A., New Bern, N. C
Oettinger, David, Kinston, N. C
Oglesby, Mrs. Mary L., New Port, N. C
Oliver, C. Wooten, Mt. Olive, N. C
Palmer, A. B., (Unknown)
Parker, David, (Unknown)
Parker, T. B., Raleigh,
Parrott, John A., Estate, Kinston, N. C
Parrott, James F., Kinston, N. C
Parrott, James M., Kinston, N. C
Patrick, D. W., Estate, Snow Hill, N. C '
Patterson, Mrs. M. M., New York, N. Y
Perkins, Miss Annie, Greenville, N. C
Perry, D. E., Estate, Kinston, N. C
Perry, J. W., Princeton, N. C
Peterson, J. E., Goldsboro, N. C
Pollock, Kate, (Unknown)
Potter, J. H., Sr., Beaufort, N. C
Powell, D. A., Goldsboro, N. C
Primrose, C. S., New B^rn, N. C
Primrose, H. S., New Bern, N. C
Primrose, R. S., New Bern, N. C
Raleigh Savings Bank and Trust Co., Adm.
Cta. Estate of N. W. West, Raleigh, N. C
Reid, Pattie S'., Washington, D. C
26
3 2
1 1
3 2
1 1
1 1
1 1
1 1
1 1
1 1
1 1
1 1
1 1
1 1
1 1
1 1
1 1
1 1
2 1
1 1
2 1
1 1
4 2
1 1
5 3
1 1
1 1
1 1
1 1
1 1
1 1
1 1
1 1
1 1
4 2
12 G
2 1
1 1
4 2
1 1
1 1
1 1
1 1
1 1
1 1
2 1
1 1
4 2
Name Address Shares Votes
Rexford, George C, (Unknown) 1
Richardson, H. V., (Unknown) 1
Roberts, G. H., New Bern, N. C 1
Roberts, Mary C. and Lucretia L., New Bern,
N. C 1
Robinson, G. J., Smithfield, N. C 1
Rodman, Wm. B., Jr., Trustee, Norfolk, Va 2
Rosenthal, Elizabeth, Goldsboro, N. C 2
Russell, Levi T. .Kinston, N. C 1
Rountree, Albert E., Kinston, N. C 2
Rouse, Mrs. Mattie R., Kinston, N. C 1
Rouse, N. J., Kinston, N. C 1
Rouse, Thomas R., La Grange, N. C 1
Salyear, Samuel, (Unknown) 1
Sanderlin, Georgia, Washington, D. C 3
Sanderlin, Rosalie, Washington, D. C 4
Saunders, E. W. Estate, Ocean, N. C 1
Simmons, F. M., New Bern, N. C 1
Smith, Mrs. Estelle T., Goldsboro, N. C 1
Smith, John D., Cheraw, S. C 1
Smith, W. H., Estate, Goldsboro, N. C 1
Spicer, Miss Clara, Goldsboro, N. C 1
Spillman, B. W., Kinston, N. C 5
Stanley, E. R., Estate, Tarrytown, N. Y 1
Stanley, W. F., Kinston, N. C 1
Stanton, D. M., La Grange, N. C 1
State of North Carolina, Raleigh, N. C 12666 300
Steadman, J. H. (Unknown) 1
Stewart, J. W., New Bern, N. C 4
Street, N. H., New Bern, N. C 1
Sutton, Frederick I„ Kinston, N. C 6
Sutton, Frederick I., Jr., Kinston, N. C 1
Sutton, E. L., Kinston, N. C 1
Sutton, William, Unknown) 2
Swindell, J. H. (Unknown) 1
Taylor, J. F., Kinston, N. C 1
Taylor, R. W., Morehead City, N. C 3
Taylor, W. T., (Unknown) 1
Thomas, Wm. G., (Unknown) 1
Tolson, Finetta, (Unknown) 1
Tomlinson, L. A., Durham, N. C 1
Uzzell, T. A., New Bern, N. C 5
Wadsworth, Sarah E., New Bern, N. C 3
Wagner, J. R., (Unknown) 1
Walker-Farrar & Co. (Unknown) 1
Walker, Grizzella J., (Unknown) 1
Walker, R. M., (Unknown) 1
Washington, George, (Unknown) 5
27
Name Address Shares Votes
Waters, Henry, St., Washington, D. C
Watkins, B. B., New Bern, N. C
Watkins, J. C, New Bern,N.C
Webb, Alexander, Raleigh, N. C
Webb, W. M., Morehead City, N. C
West, Annie A., Raleigh, N. C
Weyher, Charlotte W., Kinston, N. C
Whitehurst, F. H., New Bern, N. C
Whitford, Bessie, Thomasville, N. C
Whitford, Clark, New Bern, N. C
Whitford, John D., New Bern, N. C
Whitford, Mary Vann, Havenford, Pa
Whitford, Reid, Havenford, Pa
Williams, Earnest, Norfolk, Va
Willis, T. C. (Unknown)
Wilson, Mrs. Mary R., Wilson Mills, N. C.
Wilson, W. S., Goldsboro, N. C
Woodard, Fannie R., Wilson, N. C
Woodard, Graham, Wilson, N. C
Woodard, John E., Wilson, N. C
Woodard, Mrs. R. E., Wilson, N. C
Wooten, C. S., Mount Olive, N. C
Wooten, Edwin B., La Grange, N. C
Wooten, Eliza R., Mount Olive, N. C
Wooten, Mrs. E. R. and E. B. Marston, Kinston,
N. C
Wooten, Ray, La Grange, N. C
Wrenn, T. F., (Unknown)
Total Number
1
1
1
1
1
1
1
6
3
1
1
2
2
1050
1
1
2
1
1
1
1
3
1
2
1
2
1
69
17972 1109
Number of votes decreased two this year, due to the fact
Mrs. M. F. Chadwick sold her 10 shares to W. S. Chadwick, who
held five shares, thereby giving him 15 shares which only gives
him G votes.
28