7
The Contractors west of Murgunloti
«что
stoj ■( >otl by (lie same order of
(lie Board nuil subsequently Isaac 7b Avery A
Си.
were released from their
contract. ‘ . -
II h.'isb'cuu hOggested by His Bx cello: ioy, Governor jlolden, that lb ■ nets
of i lie Dlceciory, in tact all acts, since May 20lh, ITf 1, arc illegal. This,
and the propriety of compelling contractors to fidfdfihcir old agreements,
now, are ipie.-iions of importance. Some arc dead, while the others, if not
impoverished, have suffered greatly, By a spirit ol liberality towards these
enterprising gentlciiieo, of their successors, wo may vet realise. all .our for¬
mer hopes of a Western connection. Otherwise, the work will he retarded
indefinitely. • • •
In conclusion I hear testimony to the fidelity of (lure under myoh-eyva^
tion ami tlio hearty co-operation of all. .
To the old Directory, who have displayed such confidence in me, I de¬
sire to express my grateful acknowledgments, with the hope that they have
found no cause of regret.
1 am, 'Gentleman, . -
Your Obedient Servant,
BAM'D Mel). TATE, I’uesioen.tv
SUI’ERiNl'ENDENT’S REPORT.
Отои
Chie? D.NCix’r.Ki:
лт>
Sweet tmmiear» I
Si'atssviu.e, N..C., August 31st, 1525. j
la the
Г
resident and Directors of the VNsUrn N.
С.
11. Jl. Company:
Gsstu&sv: — Since the last report which 1 had llie honor’to snlnnit to
■vour body, many alterations have been made in our condition, affecting
alike corporations and individuals.. '■ ,
Dining (lie first nine months of the fiscal year our earnings were as sat¬
isfactory as we could expect, as will appear from the report of the Treasur¬
er. Hone of this fund was ever kept Oi^ hand ; the dividend was first paid,
then the negro hire for (he present year was settled in advance, instead of
giving promissory notes ns hail- been customary. By this means- when
hostilities ceased, we had but few accounts to settle, due in Confederate
money, ami a very small amount' on ligrid, though we had a large amount
due from the Confederate States which, we were unable to collect in time
to dispose of.
By your advice a lot of Cotton was shipped to Nassau to buy supplies for
, the Company: this proved a complete success — in return we received a
large supply of gum-belting, paints, oils, screws, tacks, tin, Ac., — materials
greatly needed and which could not be obtained in the Confederacy. •
Our Road suffered, as you know, immense, damage by (lie raid ,of Ocn’l
Stofieman’s command, and consisted as follows, estimated in round num¬
bers: Joint Passenger Depot and Shed, Salisbury, §12,000; Depot, $G, 000;
-Shops, -20,000 ; Round House damaged, S5.Q00; Water Tank, §1.500;
Pence and Scalps, §1,500; Material, §5,000 ; Tools, $3,000 ; Water Tank,
six milepost, §1,5000; Second Creek Bridge, §'1,000 ; Third Creek Station,
•41,500; Third Creek Bridge, §3,000; Depot and Tank, Statesville, §4,500;
Depot, Teard's, §2,500; Depot, Head of Road, §500 ; Saw Mill, §000; 10
