| From the Raleigh Standard |
| |
| August 13, 1862 |
| |
| North Carolina Railroad |
| We have inadvertently neglected to state
that at the late meeting of the Directors of this Road, Thomas Webb,
Esq., of Hillsborough, was re-elected President. We have since learned
that Mr. Wilkes, the Superintendent, against whom there seems to have
been much complaint, whether justly or not, we do not know, has
resigned his post, and that Mr. Sumner, of Charlotte, who was run for
the Presidency, has been appointed to fill the vacancy, at an
increased salary. We hope the change will result in good. |
| The Road has been very successful the past
year; besides making a dividend of 8 per cent., $25,000 were set off
to the Sinking Fund, to pay the 8 per cent debt of the Company. The
following from the President's last report, will show the income and
disbursements of the Road for the past year: |
| From |
Through Passengers |
|
$25,856.91 |
|
Way Passengers |
|
239,749.39 |
|
Freight |
|
148,863.00 |
|
Mails |
|
26,375.00 |
|
Southern Express Company |
|
23,765.46 |
|
Incidental |
|
8,022.05 |
|
Confederate States |
|
96,033.65 |
| Due from C. S. and State of N. C. |
|
222,398.22 |
| Total Earnings |
|
$791,063.68 |
| Disbursements |
|
|
| Salaries |
$26,695.31 |
|
| Transportation |
117,651.95 |
|
| Machinery |
37,837.42 |
|
| Road |
157,116.40 |
|
| Miscellaneous |
34,309.08 |
|
| Bills Payable |
41,900.00 |
|
| Sinking Fund |
25,000.00 |
$440,420.16 |
| Nett Earnings |
|
$350,643.52 |
|
|