Proceedings of the stockholders of the North Carolina Rail Road Company

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TWENTY-SEVENTH ANNUAL MEETING
Stockholders and Reports of the Officers
NORTH CAROLINA R. H. CO.
J^aleigh, N. C., July 13, 1876.
GREENSBORO:
THE NEW .NORTH STATE BOOK AND JOB PRINT
1876.
( ) F F I C K R S F T H E
North Parolina Railroad po,
FROM
JULY, 1876 TO JULY, 1877.
DIRECTORS
BY THE STATE,
W. A. SMITH, JOHN McDONALD,
RUFUS BARRINGER, SAM'L H. WILEY,
R. L. PATTERSON, WM. R. ALBRIGHT,
W. R. MYERS.. P. B. HAWKINS.
BY THE STOCKHOLDERS,
MOSES L. HOLMES, R. B. HAYWO< >D,
THOMAS M. HOLT, HENRY W. FRIES.
FINANCE COMMITTEE:
D. A. DAVIS, G. G. YATES,
THOMAS B. KEOGH, W. F. HENDERSON,
J. H. WELBOURN.
STATE PROXY,
GEO. WILLIAM WELKER.
PRESIDENT,
WILLIAM A. SMITH.
SECRETARY AND TREASURER,
J. A. McCAULEY.
Twenty-Seventh Annual Meeting of the Stockholders of
the North Carolina Railroad Company.
f PROCEEDINGS :
Raleigh, N. C, July 13, 1876.
The stockholders of the North Carolina Railroad Company
convened in the Hall of the House of Representatives, this day,
at 11 o'clock a.m., to hold their twenty-seventh annual meeting.
On motion of Hon. W. A. Smith, a temporary organization
was effected by calling to the chair Hon. J. B. Batohelor, J.
M. Horah was requested to act as Secretary, and J. A. McCau-ley,
as Assistant Secretary.
The committee on proxies reported as follows: The num-ber
of stockholders represented in person 12, by proxy 353;
whole number of shares owned by individuals 10,000, whole
number of shares represented in person 735, and by proxy 7,-
350. Total number of shares represented 8,085.
The chair declared that there was a large majority of the
individual stock represented and therefore the meeting was
organized in accordance with the charter and by-laws.
Ou motiou of Hon. W. A. Smith, the temporary organiza-tion
was made permanent.
On motion of Hon. D. F. Caldwell, a committee of three
stockholders were directed to be appointed by the chair to ex-amine
the reports of the officers of the company.
The chair appointed Hon. D. F. Caldwell, W. W. Fife and
John P. Branch.
Rev. G. W. Welker presented his credentials as State
proxy, which were received.
PROCEEDINGS OF THE STOCKHOLDERS
Hon. W. A. Smith, President of the company, read his an-nual
report.
On motion of Hon. D. F. Caldwell, the President's report
and the reports of the Secretary, Treasurer and Finance Com-mittee
were referred to the committee on reports of officers of
the company.
The committee to whom was referred the reports of the
President, Secretary, Treasurer and Finance Committee report-ed
the same favorably.
The report of the committee was adopted.
On motion of Mb. John P. Bbanch, the meeting proceeded
to the election of four Directors on the part of the individual
stockholders.
The chair appointed Gen. P. B. Hawkins and Co). Thomas
Webb tellers.
The tellers reported the following as the result of the bal-lot,
viz:—T. M. Holt, 7,989; M. L. Holmes, 7,989; H. W. Feies,
7,154; R. B. Haywood, 7,804; Donald MacRae, 980; scattering,
40.
The chair announced that T. M. Holt, M. L. Holmes, R.
B. Haywood and H. W. Fetes were duly elected.
On motion, D. A. Davis, T. B. Keogh and C. G. Yates were
elected on the Committee of Finance.
The chair appointed the following gentlemen a committee
to verify proxies for the next annual meeting to be held in Salis-bury,
viz:—D. A. Davis, Paul N. Heilig and R. J. Holmes.
On motion the meeting adjourned.
J. B. BATCHELOR,
J. M. HORAH, Secretary. Chairman.
J. A. McCAULEY, Assistant Secretary.
NORTH CAROLINA RAILROAD CO.
Report of the Board of Directors,
Office Noeth Carolina Railroad Company,
Company Shops, N. C, June 11th, 187G.
In compliance with the requirement of the charter, the Board
of Directors have the honor to submit the following reports,
showing the business of the Company for the fiscal year, ending
May 31, 76.
The report of the President, with the accompanying tables,
show the condition of the Road in fall!
PROCEEDINGS OF THE STOCKHOLDERS
President's Report
President's Ofeice, N. C. R. R. Company,
Company Shops. N. C, June 22d, 1876.
To the Board of Director* :
Gentlemen:—I submit to you, and through you to the stock-holders
of the North Carolina Railroad Company, the following
report of the receipts, expenditures and debt of the Company
up to the end of the fiscal year ending May 31, 1876.
Receipts from all sources, ------ 6272, 920 60
Expenses for the year, - $7,685 07
Paid in settlement of old claims aud expense ) q 999 n?
of Board of Directors and Finance Com. f '
Paid interest on debt, - 33,545 34 -50,453 06
$222,467 54
This amount of 5222,467 54, has been applied in payment of dividends,
ns is shown in detail by the report of the Treasurer.
DEBT OE THE COMPANY.
The total debt pf the Company reported at the last
Annual Meeting was *
S440.366 73
Tin- debt of the Company now is - - $133,295 72
From which deduct amount of assets, - - 219.038 41
Ami we have the actual debt of the Company, $214,257 31
Of the above 8219,038 41, assets, $66,981 43 is cash deposited with Banks
and Bankers, and cash items; and $98,285 26 is cash in the hands of the
Trustee for the redemption of mortgage bonds.
MORTGAGE.
Amount of bonds issued under the mortgage, - - $790,000 00
Cash and bonds paid into the sinking fund, - - - 511.785 26
NORTH CAROLINA KAILROAD CO.
SINKING FUND.
The company has paid during the year to Hem. Win.
A. Graham, Trustee, - - - - - $44,401 50
To Rev. N. H. D. Wilson, Trustee, successor to Gov.
Graham, 1.673 86
$46,075~36
OLD DEBT.
The amount outstanding on the loan of 1857 which is past due, is $38,000 00
REMARKS.
When I became president of your Company it was staggering
under a heavy debt.
Which amounted to ------ $906,10791
The debt now amounts to 214,257 31
Amount of debt paid, $691,850 60
Interest paid on debt, - 294,738 33
Amount dividends paid the state, 900,000 00
Amount dividends paid private stockholders, - - 300,000 00
Total amount cash paid, - $2,186,588 93
You will thus see that during my management of your busi-ness,
the debt of the Company has been reduced from nine
hundred and six thousand one hundred and seven dollars and
ninety-one cents, to two hundred and fourteen thousand, two
hundred and fifty seven dollars and thirty-one cents; I have al-so
paid interest upon the debt amounting to two hundred and
ninety four thousand, seven hundred and thirty eight dollars
and thirty three cents. In addition to this, I have paid to the
State on dividends, nine hundred thousand dollars, and to the
private stockholders, three hundred thousand dollars all in cash,
making a grand total of money paid by me in discharge of bond-ed
debt, interest and dividends, amounting to two millions, one,
hundred and eighty six thousand, five hundred and eighty
eight dollars and ninety three cents, all of which came out of
the net earnings of your road.
THE LEASE.
Time has proved the wisdom and foresight of the Board of
Directors who leased the property of this Company to the Rich-mond
& Danville Rail Road Company. You well remember the
unjust criticism made at the time we leased the road, by the
press and individuals, most of whom had no pecuniary interest
8 PROCEEDINGS OF THE STOCKHOLDERS
in our Company, and who were equally indifferent about our suc-cess
or ruin. Those of us who had the interest of our Company at
heart, and were free from prejudice, could not shut our eyes to
the fact that railroad combinations which we could not prevent,
and the completion of the Carolina Central Kail Road from
Wilmington to Charlotte, would draw from us a large share of
our business and leave us in such a condition that the payment
of dividends in the future would be out of the question. Those
combinations have been made and new railroad connections
have been completed. We can now easily test the accuracy of
our apprehensions. From the report of the Richmond & Dan-ville
Rail Road Company for the year ending September, 1875,
I find that the net earnings of that Company for that year from
the North Carolina Railroad amounted to $183,672.40, being
nearly $80,000 less than the annual rent paid us by that Com-pany
under the lease.
SECURITIES AND CONDITION OF THE ROAD.
The road-bed, superstructure and other property leased by
us is in as good condition now as when leased, as appears by
the report of experts, Wm. Murdock, Esq., and Col. Thos. J.
Sumner. They report that it will require about twelve miles of
new rails during the present year to put the road in first-class
order.
The securities deposited by the Richmond & Danville Rail
Road Company under the lease, are considered ample, and suf-ficient
to cover any deficiency which may possibly arise.
THE CONSTRUCTION BONDS.
At your last annual meeting a resolution was adopted authori-sing
the Board of Directors to purchase bonds commonly known
as bonds issued by the State to aid in the construction of the
North Carolina Rail Road. No such bonds have been bought
for the reason that none have been offered in amounts sufficient
to justify the Board in making the purchase.
All of which is respectfully submitted.
W. A. SMITH, President
NORTH CAROLINA RAILROAD CO.
TREASURER'S RePORJ,
Treasurer's Office, N. C. Rail Road Co.
Company Shops, N. C, June 9th, 1876.
To the Stopkholders of the N. C. R. R. Company:
Gentlemen.—I herewith submit to you the annual report
of the financial condition of the North Carolina Rail Road Com-pany
for the fiscal year ending the 31st day of May, 1876.
receipts and disbursements.
During the fiscal year, the receipts from all sources have been
$271,098 70, and the amount paid out on expenses, bonds and
other liabilities of the Company, $336,461 48, which will be
fully set forth in the accompanying tables.
financial condition now AND one year ago.
The debt of the Company reported and entered on the books
of the Company on the 31st day of May, 1875, as shown by the
books of the Secretary was $440^366 73, to which add $41,252 69
of old debts not reported and entered on the books of the Com-pany,
but which have been paid during the year. We have the
total debt of the Company on the 31st day of May, 1875,
$481,619 42, of which amount there has beeu"paid during the
year, $48,323 70, leaving the debt of the Company as shown
by the books of the Secretary on the 31st day "of 'Mav, 1876,
$433,295 72, which may be reduced by assets $219,038 41, leav-ing
a balance to be paid of $214,257 31.
The general exibits of the business of the Compauy for the
fiscal year shows a decrease of the debt of the Cornpanv of
$7,071 01.
The total bonded debt of the Company under mortgage is
$376,500 00, of which $166,500 00 is in 'ten year bonds and
$210,000 00 is in twenty year bonds.
There remains unpaid of the loan of March 1st, 1857 $38,-
000 00. The Company ha'? paid during the fiscal year $500 00
of these bonds.
Respectfully submitted,
J. A. McCAULEY, Treasurer.
10 PROCEEDINGS OF THE STOCKHOLDERS
J. A. McCauley in Account Current with the North Carolina R. R. Co.,
From Rents
" Interest, Premiums and Discounts
" Certificates issued dividend No. 9
'
' Real Estate
'
' United States tax collected
'
' Miscellaneous Sources, -.
" Lease North Carolina Rrilroad
Cash and Cash Items on hand and with Banks
and Bankers, June 1st, 1875
892 38
NORTH CAROLINA RAILROAD CO. II
Commencing June 1st, 1875 and ending May 31st, 1876.
DISBUESEMENTS.
Legal Expenses
Salaries
Dividends
W. A. Graham, Trustee
Interest on Coupon Bonds '
Dividend Script
Loss and Damage
Taxes paid
Traveling Expenses and other incidentals
Advertising and Stationery
On Loan of March 1857
Cash and Cash Items on hand and with banks
and bankers, May 31st, 1876
3,952 9G
3,200 00
240,899 00
44,271 50
33,817 01
102 00
7,707 35
51 60
1,509 80
450 26
500 00
66,981 43
$403,442 91
J. A. McCAULEY, Treasurer.
12 PROCEEDINGS OF THE STOCKHOLDERS
Statement showing Receipts and Expenditures of the North Carolina
RECEIPTS.
From Lease of North Carolina Rail Road
Interest
NORTH CAROLINA RAILROAD CO. 13
R. R. Company for the Fiscal year ending May 31, 1876.
EXPENDITURES.
Traveling Expenses and other Incidentals
Loss and Damage
Advertising and Stationery
Salaries
Legal Expenses
Interest
Tax Account
Balance Receipts more than Expenses
1,515 30
14 PROCEEDINGS OF THE STOCKHOLDERS
Exhibits of the North Cariolina Rail Road Company
Amount ol Assets ou baud at the commence-ment
of this fiscal year as shown by report
May 31, 1875 '.
Amount from sale Real Estate
" of 2nd payment Dividend No. 13
of 1st " " No. 14
of 2nd " " No. 14 ....
on Stock owned by the North Carolina Rail
Road Company passed to profit and loss
Amount from Reut account
" " Interest
" " Miscellaneous Sources
" Lease N. C. R. R
241,826 88
1,861 00
NORTH CAROLINA RAILROAD CO. 15
for the Fiscal Year ending May 31st, 1876.
DISBVUSEJIENTS.
Amount Expenses for the year (old) . .
" " " " " (new).
" of Dividend No. 14 declared June 11, '75
3 per cent, payable September 1,1875, and
3 per cent, payable March 1, 1876
Company's debt decreased
ASSETS.
Amount due from .Station Agents
" " " Other Companies
" " " Individuals
" " " Freight Exchanges
" " " United States
" " " State North Carolina
" " " Bills Receivable
" " " Supplies
N. H. D. Wilson, Trustee. .
Cash on band
41,252 69
9,200 37
11,116 47
8,363 33
12,090 56
424 12
210 48
11,683 09
3,920 55
5,963 12
98,285 26
66,981 43
50,453 06
240,000
7,071
219,038 41 '
$516,562 48
J. A. McCAITLEY, Secretary.
16 PROCEEDINGS OF THE STOCKHOLDERS
Statement Showing the Financial Condition of the North Carolina
PROPERTY AND RESOURCES.
Cost of Construction, Equipment A: Real Estate'
Amount Sinking Fund, I
Chatham R. R. Stock
j North Carolina R. R. Stock
Northwestern N. C. R. R. Stock '
•2(»4
74
19
20
000 (Ml
700 00
500 OU
000 00
Amount due from Station Agents
" •• other Companies
" Individuals
" " Freight Exchanges
" " United States
" " State of North Carolina . . .
" " Bills Receivable
N. H. D. Wilson, Trustee.
Amount of Supplies
Amount of Cash on hand
116 47
363 33
090 56
424 12
210 48
683 09
920 55
285 26
963 12
981 43
4,934,784 72
318.200 0(1
219,038 41
$5,472,023 13
NORTH CAROLINA RAILROAD CO. 17
R. R. Company for the Fiscal Year ending May 31st, 1876.
CAPITAL STOCK AND LIABILITIES.
Capital Stock
Loan of 8 per cent., dufl March 1st, 1867. . . .
Interest due on same
Amount of 8 per cent. Mortgage bonds, due
November, 1 877
Interest due on same
Amount of 8 per cent Mortgage bonds, due
November, 1888
Interest due on same
Dividend certificates fundable in twenty years
8 per cent. Mortgage bonds
Dividend No. 9. balance payable in twenty
years 8 per cent. Mortgage bonds
Amount due on Dividend No. 1
2
10
11
12
13
14
Amount due other Companies
" '• Station Agents
" " Individuals
" " P. 0. Department
" Pay Rolls,
" Taxes Retained
Amount Profit and Loss Account
38,000
18 PROCEEDINGS OF THE STOCKHOLDERS
Reporj of Finance Committee.
Office North Carolina Rail Road Company,
Company Shops, N. C, June 8th, 187G.
To the Stockholders N. G. Hail Road Company.
The usual duties of the Committee of Finance have been
performed during the past year, as required by the By-laws.
The Treasurer's account has been examined at our several bi-monthly
meetings and always found correct, and neatly kept and
all charges supported by proper vouchers.
The amount of Bonds issued in 1857 and maturing in 1807, is
$38,000, bearing interest at 8 per cent, per annum.
Amount of ten year bonds now unpaid is $160,500. This
class of bonds fall due in 1877. Amount of twenty year bonds
that will fall due November 1st, 1888, now unpaid is $2100,00.
We find in the hands of N. H. D. Wilson, who succeeded Win.
A. Graham, as Trustee, $98,285 26, consisting of the following-items:
12 N. C. R. R. Boi.ds, $500 each, numbered 1231-40, 1333 and
1346, $6,000, interest 7 99 6,007 99
Notes on R. B. Haywood, secured by mortgage 3,000 00
W. A. Graham and R. D. Graham 800 00
R.D.Graham 5,000 00
" " secured by mortgage 4,000 00
Certificate Dep. Farmers' Savings Bk., Charlotte, 7 percent, int. 15,000 00
" Commercial Nat. B'k, Charlotte, 8 per cent. int. 15,000 00
" Wilson & Shober, 8 per cent, secured by collateral 25,000 00
22,000 00
Cash in hands of Trustee 2,477 27
$98,285 26
NORTH CAROLINA RAILROAD CO. 19
It will thus be seen that the total amount of Bonds outstand-ing
against the Company:
For Bonds due in 18G7, 38,000 00
1877, - 166,500 00
1888, - - 210,000 00
Total amount Bonds due by the Company $414,500 00
To meet the mortgage bonded debt of $376,500 00, the Trus-tee
holds for this purpose, $98,285 26, leaving the amount of
mortgage bonds unprovided for, $278,214 74, and of this sum,
$210,000 does not mature until Nov. 1, 1888.
Respectfully submitted,
D. A. DAVIS, Chairman,
P. B. HAWKINS,
J. H. WELBURN,
W. F. HENDERSON,
THOS. B. KEOGH.
20 LIST OF THE STOCKHOLDERS
hist of Stockholders,
Names Shares
Albright, W. R 6
Alexander, Cyrus A 20
Alexander, Alphonso 10
Adams, Peter 29
Albright, J. R 2
Allison, R. W 22
Allison, John 5
Allen, James E 9
A lams, Lynn 2
Adderton, R. Stokes 1
Apple, Lewis J 2
Allison, J. Y.. 1
Allison, J. P 1
Avery, Mrs. M. Corinna 11
Alexander, J. M. guar 17
Andrews, A. B 5
Archibald, F. A 1
Adams, James H 4
Adams, L. H 2
Albright. D. H 1
Anthony, Sarah J 1
Allen, Laura L 1
Aaron & Rheinstien 1
Atkinson, J. Wilder 15
Brown, Margaret 5
Beal, James F 2
Baker, D. B 1
Burruss, J. T 20
Bellamy, John D 5
Bason, Joseph R 16
Boon, Lewis S 2
Benson, William 1
Barnhardt, M. A 2
Basou, Jere'h ]
Black, John M 1
Barrier, Daniel 5
Barrier, Moses 5
Barrier, Mathias 5
Barnhardt, Jacob C 6
Belo, E 298
Names Sheres
Boren, A. P 3
Bane, John *. .
.
5
Brown, Allen 2
Bingham, W. J 30
Brown, Letitia & Martin Riuh-wine
6
Barringer, David 27
Branch, L. O. B 1
Burte, P. B 1
Barringer, Martin L 5
Battle, Kemp P 5
Brown, James N 1
Bailey, Thomas 4
Barringer, C A 1
Boyden, Nathaniel 10
Barnhardt, G. M 55
Bradford, John 3
Barringer, Rufus 27
Blalock, John M 1
Bost, M. L 5
Black, E. C 1
Bowman, G. W 2
Brewer, Thomas 2
Bragg, W 2
Blacknall, R 1
Beard, H. H 5
Boyden , John A 1
Berry, John 5
Brown, John L 10
BoyIan, Jane 5
Boylan, Kate 10
Boylan, John S. trustee, 3
Boylan, Wm. M 5
Boylan , John H 7
Barnes, George T. trustee, .... 113
Branch, Thomas 324
Batchelor, J. B 6
Bank of Greensboro 317
Blackmer, Luke 1
Bell, M. T 20
NORTH CAROLINA RAILROAD CO. 'J I
Names
Bell, R. J
Borden. E. B. adm'r.,
Ballard, B. T
Branch, Thomas & Co. . .
Bnford, A. S
Bullock. B. T. sr
Brevard, Robert A
Barringer, Catherine A
Bain, Geo. M. jr
Bates, Isaac
Burwell, A. trustee,
Barnhardt, John M
Earnhardt, M. L
Barnhardt, James E. H
Barnhardt, M. L. trustee, . . .
Branch. L. M
Barringer, Lewin W. guar.
Barringer, Lewin W
Cochran, R. M
Carter, John
Cummings. W. M
Clapp, Daniel F
Caldwell, David F
Cameron, Mildred C
Cameron, Paul C
Cannon, E. J
Cannon, John C
Cook, Mathias
Carrigan, W. A
Clouse, William
Cobb, John
Corsbic, John
Cummings, E. F
Clapp, Jacob
Caldwell, R. C
Cook, Thomas E
Cairns, George A
Crump, R. R
Carson, James H
Colburn, Phoebe
Cable. Israel
Caldwell, W. P
Charlotte, Columbia & A. R.
R. Company
Clapp, John E
Caldwell, J. E
Cook, Thomas E. ex
Cutherell, Joseph T
Cole, Stephen W
Cobb, Margaret
Cramer, Jennie T
Clapp, Abram
Cowles, Calvin J
Couch, A. B.
Corl, Julia A
Cabaniss, Charles I
Shares
1
3
30
45
5
•21
IS
1
5
75
180
1
1
4
1
5
HI
17
15
25
3
1
120
17
50
5
1
3
40
10
1
1
3
1
5
1
2
2
70
9
2
5
55
2
2
16
5
60
Namea (, Shares
Donnell, Edmund 2
Donnell, Wm. A Thomas B. 2
Donnell, George 3
Davis, James 3
Deaton, James 5
Donnan, David jr 3
Donnan, John 3
Dunkin, William (
' 1
Dibble Brothers A: W. H.
Washington 1
Davis, D. A 34
Dobbin, N. M
Dawson, J. A Co 5
Dickenson, A. C 1
Dewey, C. F 1
Dewej, Charles 2
Dancv, John S 11
DeRossett, A. J 30
Drake, Caroline A 27
Davidson, A. Brevard 109
Dick, Mollie G 5
Dick, P. P 5
Dick, Anna W 5
Dowd, C 7
Dockery, O. H A Fannie
Settle, his wife 5
Dorland, Luke 7
Darr, Elizabeth A.
.
17
Eccles, Henry 5
Eilers, H. B. . 1
Erwin, J. J is
Elias & Cohen 50
Erwin, Charles H 5
Erwin, Richard F 1
Evans, Jane M. ex 2
Evans, A. E 11
Evans, C. N. B. jr 1
Erwin, Elizabeth M 1
Fonville, F. W 1
Faucette, John 1
Fuller, J. N 2
Fink, John 24
Foil, Moses 5
Fries, Francis 114
Fries, H. W 40
Fogleman , Peter 1
Foust, Daniel 3
Fraley, B. F 6
Foy, J. M. 1
French, G. R 3
Ferrell, Patrick 1
Faucette, George A 5
Freeland, C. J 4
Faucette, J. R 5
Freeland, T. J 3
Fitzgerald, M. B 1
Names Shares
Fraley, Jacob , adm. . 3
Fife, W. W 33
Foard, R. W 33
Foust, Daniel P 9
Faircloth, W. T 5
Foard, T. C 1
Fix, Joseph 2
Foard, Fred. C 1
Furr, Paul W 1
Farmers' Savings Bank, Char-lotte
20
Fries, F. H 23
Gant, Jesse 7
Guthrie, George 1
Graves, Calvin 10
Gilmer. James F 1
Gilmer, W. IS 1
Gray, Wm 2
Graham & Dunn 1
Gorrell, Ralph 11
Graves. Ralph 1
Guess, W. W 1
Graham, W. A 20
Gholson, Thomas 2
Gibson, Sarah E 1
Gheen, G. H 1
Green, George 8
Grice, George W. . 5
Green, R. S 12
Glnvas, Thomas 1
Gluyas, William 1
Goodman, Henry 10
Gully, Wm. Gaston 5
Guion, J. A 5
Gregory, Richard J 9
Gray, J. A 11
Graham, John W 5
Graham, W. A. jr 5
Graham, James A 5
Graham, Joseph 100
Gulley, Joseph P 1
Graham, Susan W 5
Gaithers, Thomas H 1
Graham, Augustus W 5
Hughes, A. G 1
Hazell, Bennett 14
Holt, E. M 139
Holmes, Wm 1
Holt, Peter F 1
Holt, Jerry 1
Harden, P. R 1
Holt, Jacob 6
Harris, Kiah P 2
Harden, Joseph 1
Harris, Solomon 5
Harris, William S 5
Names Shares
Harris, Charles J , 5
Hargraves, Alfred 20
Hart, Henry 5
Hedrick, John L 15
Hedrick, B. S 3
Hedrick, John A 3
Harris, T. D 2
Hairston, Peter W 5
Hiatt, Wilson 1
Hiatt, David 1
Hanner, Samuel & Co 5
Hendrix, James 1
Houston, J. H 10
Hackett, J. C 1
Holt, John 1
Heart, Dennis 2
Heart, Edwin A 2
Harrison, B. P 1
Horah, John M 2
Heathman, William 5
Harris, George 3
Heart. Levi A 5
Haywood, Geo. W. 4
Hill, Fred. C 1
Holmes, M. L 141
Haywood, R. B 5
Hines, Richard 5
Hogg, Thomas D 10
Holleman, W. H. 1
Haywood, Fabias J 10
Hamilton, Robert A 12
Haynes, Wm. H 2
Hoyle, E. W 5
Howellc, Josiah 4
Hooker, O. W 5
Holmes, Reuben J 118
Holt, Joseph S 3
Holt, James H 1
Holt, Henry 4
Houston, Joseph A 1
Hawkins, P. B". 10
Hiatt, Nathan 1
Hendon , Lydia M 7
Hughes, Sam'i W 1
Holt, C. G 2
Heilig, PaulN 40
Hall, W. J 3
Heathman, John N 3
Holt, T. M 24
Holt, W. E 1
Harvy, Mary A 1
Hathaway, J. L 40
Heart, Alice E 1
Huffman, D. W. M 1
Hay, Thomas 5
Heron, William 50
NORTH CAROLINA RAILROAD CO. '2.
Names. Shares.
Henderson, V>\ F 8
Humphrey, L. W 75
Havs, M. T 2
Harris, M. A 2
Harris, S. W 5
Holmes, M. L. trustee 5
Howerton, S. W 1
Harris. Hammett 3
Harden, Sarah E 6
Hollingsworth, J. W 10
Holt, Catherine 3
HiU&Skinker 20
Hicks, W. J 19
Holt, E. M., sous 1
Ipock, Arthur 5
Irwin, Johu F 1
Jones, Pride 1
Joues, Wesley 5
Jones, Kirubro 10
Johnston, Charles E 5
Johnston, George W 15
Johnston, Nancy 1
Johnston, Lydia 7
Johuston, Charles W 7
Justice, J. C 16
Johnston, Milas W 3
Johnston, Levi E 1
Johnston, D. W. C 1
Johuston, Win. trustee 120
Johnston, S. X 33
Jones, Dena C 6
Jarvis, A. S 138
Kerr, D. W 5
Kerr, Samuel 5
Kirkland, John U 10
Kohnweiler, S. B 1
King, Elam 2
Kelly, Charles 5
Kirkman, Leven 2
Kerr, Martha J 6 .
King, Elam guar 3
Kimmons, Dorcas 1
Knox, Eliza H 15
Keogh, Thomas B 101
Kornegay. W. F, 45
Lassiter, D. W. ext'r F. E.
Rives 8
Long, J. M 11
Lindsey, Andrew 5
Lambeth, Jane 2
Lambeth, D. T 12
Logan, J. E. & Isabella 3
Lindsay, Jessee H 50
Lamb, C. & J 1
Lamb, Anderson 1
Latta, John C 1
Names. Shares.
Lattimer, CM 16
Leslie, Robert 25
Lead!, M. W 5
Leach, L. M 1
Lippett, J. J 1
Little, George 2
Leathers, James S 5
Lattimer, Zebulon 182
London, John R 4
London, Fred. Hill 25
Lambeth, R. S 10
Logan, Johu E 3
Loitin, David 5
Long, F. H 5
Long, H. C 1
Long, Lilly W 1
Loug, Fanny 1
Long, Thoraas W 1
Lassiter, D. W 4
Lemly, H. A. & Edwin Shaver,
adm'rs 280
Manney, Ephrim 13
M mney, Valentine 13
McCulloch, Josiah 2
Moose, Daniel M 1
Moose, John 10
Moose, John F 1
Morrow, W. P 10
McCachern, J. E 4
Meanes, W. C 20
Miller, Daniel 5
Morris, P. M 9
Morrison, J. E 2
McDonald, John 6
Moss. A. H 3
Mendenhall, Judith J 1
McLean, F. B 2
Mendenhal, Cyrus P 2
McCullock, J. D 1
McLean, J. M. & Co 4
McLean, Thomas G 1
McLean & Co 5
McLean, John M. Jr 1
Miner, James 1
Millis, James N 2
Mebane, W. M 1
McAdoo, C. N 6
Mendenhal], R. J 1
Mclver, James 3
Mitchell, Elisha 8
Mcllwaine, A. G 15
Milliken, Eleazer 1
Murdock, William 3
Meares, J. L 2
Meaies, Gaston 1
McRee, A. C 1
24 LIST OF THE STOCKHOLDERS
Names Share?
McKae, J. C 220
Mordecai , George W 80
MacRae, Donald 170
Moms, Jere 9
MoKee, W. H 1
Miilin. John 1
Melchoir. Chris 10
Misenheinier, Joseph 10
Moss. Margaret E 1
Moss, Mary Jane 1
Moss, Edmund A 1
Moss. John A 1
Marsh. Edward H 4
Moss, J. B 5
Malone, John . . 16
Moore, Dr. John A 1
McAdoo, John 9
Morehead, J. Turner 9
Myers, W. K 224
McAlister, A. C 1
MePheters, A. M 2
Murray, Albeit 2
Morehead, J. L 202
Morehead . Eugene 14
MacRae, Donald, guar 22
MacRae, Walter G 25
McKinley, Charles D 1
Murphy, Susan W 6
McCubbins, J. S. guar 6
McCubbins, J. S. guar 6
Murchison, K. M 40
Morehead, J. T. jr 5
Mock, Charlotte C 6
Michaux, Richard V 12
Mebane, C. P 2
Morehead, J. T. sr 22
Murray, W. J 2
Miller, Bettie A 1
Mail, A. T 2
Martin, Sarah E 17
Murrow, Joshua S 2
McAden, R. Y 40
Manney, E. adm 1
Newlin, John & Son 10
Neal, Elam 1
Newlin, James 3
Newman, Joseph 1
Nutt, H, 12
Nixon, N. N 3
Nelson, C. J 1
Norris, Jesse A 5
Neely, Providence 3
Norwood, John W 30
North Carolina Rail Road Co .
.
195
Norwood, Rebecca W 1
Overman, William 5
Names Shares
Odt-11. J. M / 2
Patterson, George 1
Parker, J. W 1
Philips, James 5
Poole, W. R 19
Primose, Eliza guar 5
Palmer, John C 2
Purity. J. L 1
Pharr, H. S 1
Perry, R 1
Peace, William 10
Pharr, Samuel 5
Pharr, Wm. R 7
Plunkett, Francis E 5
Pharr, John C 3
Parker, Henry 5
Patterson, Sam'l F 5
Parker, Sarah trustee 5
Phifer, John L 72
Pass, J. C 20
Pattersou, R. L. guar 10
Pegram, M. P 45
Patterson, R. L. guar 1
Phifer A Cannon 29
Parks, D. C 5
Porter, Mary E 5
Pinnix, Flora A 9
Phipps. Robert S 2
Pegram, M. P. cashier 40
Pullen, R. S. trustee 44
Pullen, R. S 34
Perry, S 2
Pharr, Isabella V 1
Plant, H. B 100
Ray, Angeletta 5
Reed, Joel 10
Roney, B. F 2
Riley, George 1
Roberts, W. W 1
Rowlett, John 1
Ruffin, P. B 5
Robbins, Ahi 5
Rice, John 1
Roulhac, J. B. G 10
Rumple, Jethro 1
Rice, John adm'r B. H 3
Rice, John adm'r S. T 3
Rankin, Robert C 2
Raleigh National Bank 20
Ruffin, T. jr 1
Reynolds, Hugh 5
Rodman, W. B 40
Rumple, Catherine 1
Reid, Hugh K 4
Royster, Maria P 7
Rountree, R. H 5
Names Shares
Rankin, Louisa M 3
Rankin, Henrietta 1
Rankin, John A 3
Rankin, Mattie H 3
Rankin, Watt. W 3
Rankin, Jobn A. guar. 8. E. R. 3
Rankin, John A. guar. E. T. R. 4
Repiton, A Paul 5
Scott, Jobn 2
Simpson, T. R 1
Scott, Henderson 5
Smith, G. A 1
Stirewalt, Jacob jr. guar 5
Stirewalt, Jacob jr 5
Stewart, A 1
Stewart. James A 2
Sellers, Benjamin A 1
Smith. M. D 5
Stewart, Robert S 1
Shaw, \Y. S 1
Stafford, John B 5
Stafford, H. B 2
Stanley, E. R 16
Smedes, Aldert 5
South Carolina Railroad Co. . 50
Sbnipock, John 5
Strayhorn, W. F 1
State of North Carolina 30,000
Scott, John D 3
Stephenson, David H 1
Sellers, Griffin 2
Strange, Robert 5
Swaim, Lyndon 2
Simonton, R. F. 7
Smith, W. A 26
Sutherlin, W. T 30
Sasser, Millie 20
Sasser, Ellen 20
Smith, Roger A 10
Smith. C. W 10
Scott, John 5
Scott. Fred. K 24
Springs. A. B 150
Starbuck, D. H 10
Springs. A. B., Agent 36
Shaw, Eliza A 1
Springs, Richard A . . 25
Stafford. Sam'l Mc H
s.-ttle. David 1
Smith. E. L 1
Sowers, Jacob A 1
Scales, J. 1 10
Spicer, John D 65
Summers, Elizabeth 1
Summers. Nareessia 2
Strayhorn, Sidney G 2
Names Shares
Smith, Mrs. E. L 3
Shaffner, J. F 20
Swepson, Virginia B 10
Stafford, R. M 2
Smith, Anna 1
Sullivan, N. 1) 13
Trolenger, W. H 1
Trolenger, John 23
Trolenger, Jacob T 1
Thompson, Patterson 1
Trolenger, James 1
Tomlinsou, Enos 7
Thomas, Jesse 1
Turner, Wilford 29
Taylor, Fisher B 9
Thacker, Isaac 20
Tinnen, David 5
Tiunen, ('. C 3
Trott, S. S 1
Turner, Siunuel 2
Tucker, W. rf. A R. S 45
full, John G 10
Trustees Sugar Creek Church. 5
Turrentine, W. H 2
Turrentine, James A 5
Teiter, Dorcas S 5
Tate, George W 2
Tate, Hugh A 10
Thomas. R. W 29
Thomas, Mary 18
Thomas, W. D 17
Thomas, J. Wesley 34
Thomas. P. C , 17
Thomas, H. C 17
Upchurch, Bartley 1
Cnthank, Jennie E 1
Yanbokkeliu, A. H 2
Vugler, J. R 97
Walker, Morgan A 1
White. S. A. 1
Watson, E. F 2
White, Samuel M 1
Watkins, Samuel 1
White, R. J 1
Winecoff, M ~>
Widenhouse, M 5
Wilson, Isaae 31
White, A. B 1
Winecoff, R 1
Watson. J. S 1
Wharton, John 5
Wharton. J. C 2
Wiley. Shannon 2
Wils< in , William 1
Wharton, David 10
Wharton. Watson W 4
Names
Wetherly, Joseph A. .
Watson, John
Webb, Thomas
Wilson, Alexander, Jr.
Wilkins, Edmnnd . . .
Withers, Thomas
Whitford, John D.
Wood, W. A....
Wright, W. A.
Shares
1
1
33
1
6
5
13
1
5
Wright, Thomas H 10
Watson, J. W. B
Wilson, Samuel M
Williams, Alfred
White, J. B
Womble Jordan
Williams, H
White, George W
Wilson Thomas J
Walker , Sarah
Worth, Daniel
Williams, Sarah A
Walker, Mary
White, C. R. , Adm'r T. O. W
Wagoner, Simeon
Wilson, Robert
Walker, L. H
Welker, G. W
50
5
6
1
2
2
1
5
1
2
5
2
5
1
]
11
20
Names Shares
Wilson & Shober
.
317
Webb, James, Jr 34
Wiley, S. H 71
Woodson, Obediah 1
Wharton, 0. E 10
Weir, Susan J 27
Wharton, Jesse R l
Westbrooks, A. C 1
Williams, Margaret C 10
Williams, John G., Pres't.
Welbourn, J. H.
Williams, John G.
Wilson, Joseph H.
White, Harriet N
.
White, Mary P. . .
Winstead, W. H .
.
Wilson, J. E
Young, R. S
Young, J. C
Yates, C. G
Yates, William J.
Young, W. M
Yokeby, Jacob M
York, N. F
York, Leonora 11
.
York, A. J. , Jr . .
York, John F
5
42
1
20
5
5
10
1
5
1
3
15
1
9
1
1
1
1