AR, W&W 10/1/1865 P

Annual Report of the Wilmington & Weldon RR
as of October 1, 1865,
President's Report
 
President and Directors' Report
 
To the Stockholders of the W. & W. Rail Road Company
 
   The President and Directors of your Road submit the following report, which, with the reports of the Superintendent and Treasurer, will exhibit the condition of the Road and its business for the past fiscal year.
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   After the closing of the ports by blockade large investments were made in Confederate bonded securities, which are now worthless. A large quantity of cotton was bought, nearly all of which was destroyed in the closing days of the war.
   With much of the track destroyed, nearly all the bridges burnt, the operations of the Road were resumed with four locomotive engines, eleven box and five platform cars, and no passenger car fit for service; several of the warehouses had been burnt and many old ones needed rebuilding.
  *****
Respectfully submitted,
R. R. Bridgers
President

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