| Annual Report of the Atlantic & North
Carolina RR |
| as of June 1, 1863 |
| Finance Committee Report |
| |
| Report of the Finance Committee to the
Stockholders of the Atlantic & N. C. Rail Road, for the Year Ending 31st
May, 1863 |
| |
| Gentlemen, |
| We, the undersigned
Committee, have examined the books and accounts of the Treasurer of said
Company. We find all the entries in said books sustained by proper
vouchers. From the statements of Treasurer's accounts we find the
affairs of the Company to be, on the 31st May, 1863, as follows: |
| Balance cash on hand May 31st, 1862 |
$296.22 |
|
| Cash receipts for fiscal year ending May 31, 1863 |
74,102.78 |
$74,399.00 |
| Cash disbursements for fiscal year ending May 31st, 1863 |
$60,195.83 |
|
| Balance cash in Treasurer's hands 31st May 1863 |
14,203.17 |
74,399.00 |
| Transportation receipts for fiscal year May 31st, 1863 |
$189,442.02 |
|
| Operating expenses for fiscal year ending 31st May, 1863 |
38,569.14 |
|
| Net earnings for the year ending May 31st, 1863 |
|
$150,872.88 |
|
|
|
| For detailed statements of
the affairs of the Company, we refer you to the printed tables of the
Treasurer of said Company. We are pleased to find the books and accounts
of the Treasurer, as usually, kept in the best possible manner. |
|
All of which is most respectfully submitted. |
| W. H. Pearce Committee |
| Jno. C. Wooten |
| Thos. J. Kennedy |
|