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{From the minutes of the
Directors' Meeting of the Richmond, Fredericksburg & Potomac RR,
September 27, 1861} |
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| The President reported to the Board that
having an opportunity of purchasing 150 tons of iron T Rails, much
needed for repairing the track of the road, especially near Richmond,
at $53.78 per ton delivered at City Point, which he considered a fair
price, he had purchased them from James Dunlox of Petersburg, which
purchase the Board then approved. |
| The President also reported that in view
of the very great addition made to the freight business of the Company
and by the Government transportation and of the probable difficulty of
procuring locomotives for some time he had made an arrangement with
the Government of the Confederate States for the purchase of two
locomotive engines taken from the Baltimore & Ohio and the Loudon
& Hampshire rail roads to be paid for at a valuation by impartial
arbiters in transportation to be done for the Government. |
| Which was also approved by the Board. |
| The President also reported to the Board
that to accommodate the large quantities of freight belonging to the
Confederate Government passing between Richmond, Fredericksburg and
the Seat of War in Western and Northern Virginia and to avoid the
destruction of this Company's cars engaged in transporting the same at
the Junction or as far as practicable their transfer to other rail
roads and at the same time to secure to this Company accommodation for
its other freight business to and from the Junction; he had agreed
with the Confederate States Government to erect at the Junction for
the Government a freight depot for the Sum of $1,900, and that this
Company will purchase of the Government at least one half of that
building at half of its whole cost at the end of the existing war or
whenever sooner this Company's business shall in its estimation
require its use and the Government shall not need it; This Company
meanwhile keeping the same in repair which agreement was also approved
by the Board. |
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