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Be Cameron 
 
 Doa No. 71.] 
 
 [Ses. 1853-'9. 
 
 Ordered to oe Printed. 
 
 Ilolden & Wilson, Printers to the State. 
 
 <T> 
 
 REPORT OF THE JOINT 'SELECT COMMITTEE ON 
 • THE NORTH CAROLINA RAILROAD. 
 
 The joint select committee on the general management and 
 financial condition and prospects of the North Carolina Rail- 
 road Company direct the undersigned to submit the following 
 report as the result of their investigations. 
 
 From the nature of the inquiry as well as from the terms 
 of the resolution under which your committee was appointed,, 
 they deemed it inexpedient to attempt to examine into details,, 
 except so far as to form some idea of the general management,, 
 since it was obvious that this would require more time than they 
 could bestow on on it, even if they had devoted to it the' 
 whole of the session, to the neglect of all their other duties. 
 
 Yery soon after the announcement of the committee, they 
 received the annexed letter from Gov. Bragg, (marked No. 1), 
 inclosing the annexed letter, dated December 8th, from Chas.. 
 F. Fisher, Esq., President of the Road, (marked No. 2.) In 
 consideration of these communications they resolved to ©ive 
 Mr. Fisher time to make read} 7 - the report to which he refer- 
 red. Hearing nothing further from him., they addressed to- 
 him a letter, dated December IS, 1858, requesting him to at- 
 tend them on the 4th of January, with his. treasurer, book- 
 keeper, books, &c, a copy of which, (No. 3) with Mr. Fisher's 
 reply, dated December 22d, 1858, is hereto annexed. 
 
 At the time appointed, Mr. Fisher, Cyrus P. Mendenhall, 
 
 ^ the treasurer, andR. W. Mills, the book-keeper, attended, with 
 u*. the books and papers. The committee took into their possession 
 
2 Document No. 71. [Session 
 
 the journal of the directors and sundry papers which they 
 deemed pertinent to their inquiry, — sat from evening to eve- 
 ning, and left with the book-keeper and treasurer sundry in- 
 quiries to be answered at subsequent sittings ; and, in the lat- 
 ter part of that week, consented that the treasurer and book- 
 keeper might go home, to be back again on the Monday fol- 
 lowing. Mr. Fisher, on the 4th January, informed us that his 
 presence on the road, at the beginning of the year, when the 
 new hands had to be distributed, was highly necessary, and 
 the committee consented that he attend to the duties on the 
 road, he agreeing to return whenever he should be notified 
 that his presence was desired by us. 
 
 On Monday, the 8th of January, Mr. Mendenhall returned, 
 but Mr. Mills, who had taken away, without consulting us,, 
 certain books containing matters which we were investiga- 
 ting, did not return, and he remained away all that week, 
 with the books he had taken with him. On Saturday, your 
 chairman saw Mr. Fisher and informed him that their pro- 
 ceedings were arrested for want of the books which the book- 
 keeper had taken away. Under the orders of the committee, 
 on Saturday night, the chairman addressed to Mr. Fisher a 
 letter, of which the following is a copy : 
 
 Raleigh, January 15th, 1859. 
 Me. Chas. Fisher — 
 
 Dear Sir : — The committee investigating the affairs of the 
 N. C. R. R, Company, instruct me to say to you that they 
 have been arrested in the discharge of their duty all the 
 week, by the non-attendance of your book-keeper, who should 
 have been here all the week with his books, according to the 
 orders of this committee. 
 
 The committee require that your book-keeper, with hi3 
 books, attend this committee without delay ; and also that the 
 person having charge of your shop books, attend with his 
 books, by 4 o'clock P. M., on Tuesday next. 
 
 The committee also instruct me to ask for your personal at- 
 tendance before them by 4 P. M., on Wednesday next. 
 Tours respectfully, 
 
 J.WORTH, Ch'mn. 
 
1858-'9.] Document No. 71. 3 
 
 On Sunday morning, Mr. "West, the station agent at Ra- 
 leigh, called on the chairman, with a note from Mr. Mills, 
 the book-keeper, stating that Mr. Fisher desired him to get 
 the journal of the Directors from the office, or of any mem- 
 ber of the committee who might have it, and send it to Sal- 
 isbury — whereupon the following postscript was added : 
 
 " Sunday, January 16th, 1859. 
 Mr. "West has presented to me your secretary's note, asking 
 for the book containing the proceedings of the directory. I 
 decline to send it. J. WORTH." 
 
 On Monday the book-keeper attended, and explained that 
 he had been engaged in supplying Mr. Fisher with materials 
 for a report he was having printed in Salisbury. 
 
 On Tuesday the master machinist attended with his books, 
 and answered promptly all questions propounded to him. Mr. 
 Fisher did not attend on Wednesday, and has made no reply 
 to the foregoing letter, which has been read to the committee 
 and unanimously approved by them. 
 
 Your committee have not exercised the power conferred 
 on them to send for persons and papers and examine them on 
 oath, because thej> found that the short time remaining, would 
 not permit a thorough investigation, and that many matters 
 which they deem important could be fully examined without 
 resorting to this course. 
 
 The following are the results of the imperfect inquiry they 
 have been able to make under the foregoing circumstances. 
 On the 19th December, 1854, we find on the journal of 
 the Directors, the following resolution. Present : 
 
 John M. Morehead, R. M. Saunders, 
 
 F. Fries, John Berry, 
 
 Robert Strange, W. T. Dortch, 
 
 George Stephenson, Caleb Phifer, 
 
 Samuel Hargrave, ( 'harles F. Fisher. 
 
 K G. Rand, 
 " On motion, ordered that the settlement of the contract 
 with John 0. McRae & Co., bo referred to R. M. Saunders, 
 
4r Document ISTo. 71. [Session 
 
 K. Q. Rand, W. T. Dortch and Charles F. Fisher, with full 
 power to settle and adjust the same." 
 
 " At the request of John 0. McRae & Co., the board agree 
 to finish the remainder of the first division, for which said 
 McRae tfeCo., are to account on the settlement above, accord- 
 ing to the estimate of the engineer." 
 
 At the same time the board order the sum of $4000, to be 
 paid to said McRae & Co., as soon as the treasury would ad- 
 mit, " in advance of the final settlement." 
 
 Your committee regarded this resolution, by which was 
 transferred to a committee of the Directory, a duty which 
 could be intelligently performed by the engineer only, as pre- 
 senting a question worthy of investigation. They called for 
 the contract between the said McRae & Co., and the report of 
 the committee appointed to settle with them. Mr. Fisher 
 stated that soon after the cars on this division, built by John 
 C. McRae & Co., began to run, in consequence of a culvert 
 defectively built, a freshet produced in the road a breach, in- 
 to which a freight train fell, destroying two lives, and doing 
 much damage to the engine and cars; and that it was found 
 necessary to reconstruct many of them. In his report of July 
 7th, 1857, he sets. down, among work done by him, ten cul- 
 verts on eastern division, reconstructed. Whether others 
 were afterwards reconstructed, your committee are not in- 
 formed. 
 
 We were aware of the high reputation of Col. Gwynn. as 
 an engineer, and that every administration of the road had 
 emphatically expressed their high appreciation of the services 
 he had rendered the company, and as we shall have frequent 
 occasion to refer to his professional opinions we would here 
 call attention to the resolution of the board, passed on the 
 10th January, 1856, at the time he tendered his resigna- 
 tion, as chief engineer, declaring that "the thanks of the 
 board being due, are hereby cordially tendered to him for his 
 able, efficient and faithful services as chief engineer of the 
 North-Carolina Railroad Company, and that ho be tendered 
 for himself and family, a free passage for life over the road." 
 We resolved to ascertain whether this defective work was 
 
185S-'9.] Document No. 71. 5 
 
 approved by the engineer, who was the proper officer to judge 
 of its sufficiency, or any subordinate of his, having the work 
 under his immediate charge. We addressed a letter to Col. 
 Gwynn and also to Mr. James Miller, chief assistant engineer, 
 asking them to inform us whether they or either of them 
 made any report as to the sufficiency or insufficiency of the 
 work — and if they did not report on it, why they did not — 
 and whether the committee appointed to make this settle- 
 ment, consulted them as to the character of the work ? The 
 answer of Mr. Miller, No. 4, and the answer of Col. Gwynn 
 No. 5, are hereto annexed, from which it will be seen that 
 neither of them v:as consulted hy the committee — and Col. 
 Gwynn says he disapproved of much of the work done by 
 Jno. C. McRae & Co. on the North Carolina Railroad. The 
 masonry of the bridge over the Neuse and the culverts were 
 badly built. We call special attention to these letters. 
 
 We endeavored to ascertain the amount of damage sustain- 
 ed by the company by the falling in of the freight train — 
 and the cost of re-constructing the defective culverts, but 
 could get no information approximating certainty. It cer- 
 tainly amounted to a large sum. 
 
 These contractors undertook to build the first division of 
 the road from its eastern terminus, the point of connection 
 with the Wilmington and Raleigh road, to the eastern ter- 
 minus of the 2nd division, about six miles west of Raleigh, 
 furnishing the iron rails, and every other species of material 
 and doing all the work. They were to provide the road 
 " with all and every fixture, and work that may, in the judg- 
 ment of the chief engineer, be required for the speedy and 
 safe transit of locomotives with their trains : all materials and 
 all work to be subject to the inspection of the chief engineer 
 or some one appointed by him." The contract sets out at 
 great length and with great minuteness, the weight and quali- 
 ty of the rails, brick and other material to be used and the 
 manner in which every species of work is to be done. They 
 stipulate to complete the work by the 1st January, 1854 — and 
 that " the time herein stated shall be considered as of the es- 
 sence of the agreement." 
 
6 Document No. 71. [Session 
 
 The rail road company stipulate to pay the contractors 
 $628,952, from which was to be deducted the final estimates 
 of certain contracts, theretofore taken for a part of the work 
 on the first division, and all cost of engineering and superin- 
 tendence on this division, and one fourth of the salary of the 
 chief engineer, and one fourth of the expenses of the general 
 administration of the company : they were to take off the 
 hands of certain subscribers to the stock of the company 885 
 shares of stock and the balance was to be paid in money, the 
 rail road company reserving one-fifth of the bi-monthly esti- 
 mates until the said McRae & Co., should complete their un- 
 dertaking. We find in the contract the following clause : 
 " the chief engineer shall in all cases, decide every question 
 which can or may arise relative to the execution of this con- 
 tract on the part of said contractor, and his decision shall be 
 final and conclusive." 
 
 We find that on the 1st April 1852, the board of directors 
 " resolved that in all future estimates, made on the work of 
 John C. McRae & Co., on the first division of the North 
 Carolina Rail Road only 10 per cent, be reserved instead of 
 20 per cent. " 
 
 On the 9th December 1852, the subscription of $2,000,000 
 to the stock of the company was made by Governor Reid in 
 behalf of the State. 
 
 On the 2nd of April 1 853, time is given to McRae & Co., 
 till 1st April 1854, to finish their contract. 
 
 On the 15th July, 1853, the State directors take their seat in 
 the board of directors, many ballotings are had for president, 
 which resulted in the election of John M. Morehead. 
 
 On the 16th July 1853, the directors " resolved that the 
 company authorize Col. Walter Gwynn to make a contract 
 with John C. McRae & Co., to furnish said John C. McRae 
 & Co., with a locomotive and freight train upon such terms 
 and conditions as he may deem expedient for the speedy com- 
 pletion of the first division of the North-Carolina Railroad." 
 
 On the 3d August 1853, the directors order the president 
 to pay said contractors $10,000 " as an advance payment on 
 their estimates to be made after the first day of September. " 
 
IS 58- 9.] Document No. 71. 7 
 
 On the 31st August 1S53, on the representations of the 
 chief engineer that the force employed was inadeq o 
 
 finish this contract by the first April following, the board 
 request these contractors to increase their force to a sufficient; 
 extent to insure the completion of their work by the first 
 April following. 
 
 On the 13th April 1S51, the board ordered an advance pay- 
 ment of $8000 to be made to the said John C. McRae & Co. 
 
 On the 15th of July, 1854, the board of directors ordered 
 "that John C. McRae & Co., be notified to have the Road 
 from Goldsboro' to ^fallings' station, and the arm to Wa; 3- 
 boro', finished and ready for the use of the compau}', accord- 
 ing to the orders heretofore issued to said contractors by the 
 chief engineer, on the 1st day of September next; and in case 
 they should fail to comply with the requirements of this no- 
 tice, the chief engineer is instructed to employ the uecessary 
 force to execute said work and charge the same to the said 
 John C. McRae & Co., according to the terms of the con it 
 with the said firm." 
 
 In pursuance of this order, the engineer employed hands and 
 expendad on this contract, as per account on tile, $6, 553. 22* 
 
 In consequence of the delay of these contractors in comple- 1 
 ting their undertaking, Governor Morehead, the then presi- 
 dent of the road, entered into a contract with them, by which 
 it was agreed that the rail road company was to furnish the 
 material and lay the track from the Raleigh station to the 
 western end of the first division, at $0,4-00 per mile, the ori- 
 ginal estimate of the engineers, to he retained out of the j? rice 
 agreed to he paid to McRae & Co,, they having liberty, when 
 they finished the road to Raleigh, to turn over to the railroad 
 company, all the rails, chairs, spikes and sills, they might have 
 remaining on hand, to be allowed the prices originally esti- 
 mated by the engineer for the same ; and for any deficiency 
 of such materials, thus turned over, to complete that end of 
 the road, the said McRae & Co. were to pay the actual cost, 
 which was, $4105.71. 
 
 The following is a copy of the report of the committee of 
 directors appointed to settle with the said John C. McRae & Co # 
 
8 Document No. 71. [Session 
 
 " In examining the general account, as exhibited to us, be- 
 tween John C. McRae & Co., and the North Carolina Kail 
 Road Company, we agree to allow deducting, as credit, on 
 the following items ; to-wit : the item for completing the road 
 below Stallings', one half, $3,276.61. The item as to excess of 
 iron, &c.j he is to be credited with $1353.50. In the item as 
 to turnout at Raleigh station, he is to be credited with $1835.- 
 95. The account will be reformed accordingly. 
 
 R. M. SAUNDERS, 
 N. G. RAND, 
 CHAS. F. FISHER, 
 WM. T.DORTCH." 
 
 By this settlement you will see that Jno. C. McRae & Co. 
 are allowed, over and besides what they would have leen en- 
 titled to receive, if they had completed their worlt, accordiny to 
 contract, as follows : 
 
 Half the amount expended by the Company for 
 
 work done below Stallings', $3,276 61 
 
 Item as to excess'of iron, 1 ,353 50 
 
 Item as to turnout at Raleigh, 1 ,835 95 
 
 $6,466 06 
 And the said committee further remitted to the 
 said McRae & Co. interest on stock to be re- 
 funded, 177 00 
 
 Total amount of extra allowance, $6,643 06 
 
 When it is considered that great indulgence had uniformly 
 been extended to these contractors from the beginning, by a 
 reduction of the 20 per cent, to have been retained as a secu- 
 rity for the performance of their contract, to 10 per cent.; by 
 the endorsement of the Rail Road Company to enable them 
 to buy iron ; by repeated extensions of time to complete their 
 contract ; by large payments in advance of estimates ; when 
 it is seen that the engineer, who, by the terms of the contract, 
 
1858-'9.] Document No. 71. 9 
 
 was to have been the judge of the sufficiency of the work and 
 who was alone competent to discharge this duty with discre- 
 tion, disapproved this work, and that his disapproval was 
 known to the Directors : when, under these circumstances, 
 the Directors appoint four of their body a committee with 
 powers to approve, and receive, and order payment fur the 
 work : — when it is seen that this settling committee actuall}' 
 allow these contractors $6643 06 more than they would have 
 been entitled to receive, if they had executed their contract 
 faithfully : when it is considered that this work proved to be 
 defective as the Engineer had said it was, whereby the Com- 
 pany had soon afterwards to re-constrnct a considerable portion 
 of it, and whereby much damage was done and two lives lost; 
 when it is considered that these contractors could cast, in a 
 meeting of stockholders SS5 votes ; and that no other contrac- 
 tor on the Road had his contract received and paid for until 
 it received the approval of the Engineer, your committee 
 conceive that the facts are furnished from which you can 
 draw the proper conclusion. 
 
 Your committee attempted to inquire into the question, 
 under which administration of the road was purchased the 
 excessive quantity of wood referred to in the 6th page of Mr, 
 Fisher's report of July, 1S57. In this report lie sets forth 
 that there is then on hand wood, of the value of $47,363 01, 
 which he represents as enough for a longer term than three 
 or four j'ears. He says, in this report, " this large surplusage 
 of wood is on the eastern end, and was delivered under con- 
 tracts made before my term of office, under the direction of 
 the engineers in charge, which contracts could not be rescind- 
 ed or delayed. It has been a very troublesome item of cost." 
 At the date of this report Mr. Fisher had been in office two 
 years as president. If, after using off this wood for two years, 
 there was still on hand a surplus more than sufficient for three 
 or four years, it was obvious that the former administration, 
 under which these contracts were said to have been made, 
 was highly reprehensible ; not only on account of the large 
 amount of money involved, but because the wo »d must be 
 greatly damaged by decay, before it could be used and was 
 liable to be destroyed by fire. 
 
10 Document No. 71. [Session 
 
 We called for the written contracts under which this wood 
 was furnished with the view of seeing who had committed 
 this error. 
 
 We annex to this report a tabular statement, made from 
 these contracts, showing the date of each contract — the quan- 
 tity of wood contracted for — -and the time when deliverable, 
 marked No. 6. 
 
 From these it will be seen that Gov. Morehead contracted 
 on the 20th February, 1853, for 1500 cords of wood, deliver- 
 able in six, nine and twelve months ; one-third at each period, 
 and 1000 cords, all deliverable on the western end of the 
 road, in all 2500 cords ; and contracts were made for wood, 
 deliverable on the eastern end of the road, after Mr. Fisher's 
 term of office commenced, (to-wit, July 13th, 1855,) to the 
 amount of 41012^ cords, at a cost of $51,265. All these 
 contracts were made, as will be seen by reference to said 
 table, in November and December, 1856, and in January, 
 February and March, 1857, and 3600 cords of it were deliv- 
 erable in the months of January and February, 1857. The 
 contracts for the western end of the road, excepting the two 
 contracts made by Gov. Morehead, are not on file in the office 
 of the treasurer and book-keeper, as they informed us. 
 
 A member of the committee called our attention to alledg- 
 ed mismanagement in acquiring the right of way over a por- 
 tion of certain lots in the town of Raleigh, owned by Wm. 
 N. Andrews. We called on Mr. Mendenhall for information, 
 who stated that Gov. Morehead had taken a deed from An- 
 drews for the right of way, and found it referred to in his in- 
 dex, by its number, but the deed was not there. His recol- 
 lection of it is, that Mr. Fisher had it in his possession the 
 last time he saw it. We examined the Register's office. No 
 such deed was registered. We found Andrews' receipt given 
 to Gov. Morehead, dated May 15th, 1852, for $275 for right 
 of way. It does not describe the lot, nor quantity granted, 
 which was probably described accurately in the deed. We 
 cited Andrews to appear before us and bring his deeds. He 
 appeared, and stated that he had signed some papers to Gov. 
 Morehead, granting the right of way as to lot No. 45, in the 
 
1858-9.] Document No. 71. 11 
 
 plat of the city. He produced a deed from Wm. II . Jones, 
 dated Feb. 22d, 1853, conveying to him lot No. 24, contain- 
 ing one acre — consideration, $250. The deed also recites that 
 for this consideration, Jones grants to him his (Jones's) right 
 to damages, if he had any rights, from the North-Carolina 
 railroad for right of way. Andrews stated that Eldridge 
 Smith, Wm. II. Tucker and Ed. Yarborough, Jr., assessed the 
 damages as to this lot ; that Mr. Fisher had paid him $460 
 as well as he could recollect. He thought there was still due 
 him about $140. He said he had executed no deed for the 
 right of way over this lot, and did not intend to execute one 
 until the balance due him was paid. 
 
 The treasurer showed us two warrants from Mr. Fisher, un- 
 der which he had paid Andrews for right of way, $760. One 
 of these warrants for $200, is dated November 22d, 1855; 
 the other, for $560, is dated December 19th, 1855, which re- 
 cites that it is in part. We found no reference, or award, or 
 deed. 
 
 We find on the journal of the directors, July 8th, 1852, 
 the following : 
 
 " Gen. Benjamin Trolinger having submitted a proposition 
 to the board relative to some alteration and improvement of 
 road and bridge at Haw river, the following was passed after 
 some discussion : 
 
 " JResolved, That Benjamin Trolinger be allowed to execute 
 the work at the Haw river bridge, and the sections adjoining 
 it on each side, in such manner that the level of the bridge 
 shall be two and nine-tenths feet higher than it is now design- 
 ed to be, extending each way from the bridge, on the west 
 side 400 feet, and on the east side 700 feet— thence the grade 
 of the railroad to ascend eastward parallel with the present 
 grade and two feet and nine-tenths below it, until it reaches 
 the summit level between Haw river and Back creek. The 
 additional work required in making this to be executed with- 
 out charge to the North Carolina Railroad Company." 
 
 On the 10th of April, 1857, we find the following entries 
 on the journal of the directors: 
 
 " Ordered, that the president make a settlement with Gen. 
 
12 Document No. 71. [Session 
 
 Trollinger on the terms and conditions proposed by him at 
 this date, which it is understood is a final one of all claims on 
 his part." 
 
 The following is a copy of the proposition referred to in 
 the foregoing resolution. 
 
 " To the President & Dieectoes of the N. C. It. E. — 
 
 " Gentlemen : — In order to get a level at this place, I sunk 
 the grade for about one mile at the cost of about (2^ feet 
 
 lower) $1,000 
 
 and raised the bridge at a cost, by engineer's estimate, 
 
 of . 684 
 
 and incurred the expense of conveying the water to 
 
 this place, at a cost of 628 
 
 and built a water station and furnished the material, 
 
 at a cost of about 400 
 
 $2,712 
 
 All of which you have enjoyed the free use. 
 
 " I now propose to surrender to you the water and the other 
 work for $2000. 
 
 " All of which is respectfully submitted, 
 
 " BENJ. TROLDTGER. 
 " Haw River, April 10th, 1857." 
 
 Under this proceeding the sum of $2000 was paid to Gen. 
 Trolinger, and your committee learn that the water and water 
 station are of little or no value to the company, being only 
 two miles from Graham station and four miles from the shops- 
 
 Your committee deemed it expedient and within the range 
 of their inquiry, to investigate, as far as possible, the expe- 
 diency of running the express train on this road. We were 
 led to this investigation by the following remarks of Col. 
 Gwynn in his farewell address, when leaving the road ; opin- 
 ions touching matters pertaining to his profession, being the 
 most reliable land-marks within our reach. 
 I He says in his said report to the directors of the 10th of 
 
1858-9.] Document No. 71. I 3 
 
 January, 1S56, tendering his resignation as chief engineer — 
 l * 1 vroxald. .earnestly recommend, as the result of my observa- 
 tion for a long period, that the company adopt a low rate ot 
 speed for their passenger and freight trains. If there is any 
 one proposition in railway economy, and there are, I assure 
 the board, but few clearly, fully and practically demonstrated, 
 it is the economy of low speeds ; though the precise difference 
 between the cost of transportation due to different degrees of 
 speed has not yet been ascertained, it is usually estimated 
 that the wear and tear of the track and machinery is equal to 
 the squares of the speeds at which the trains are run. The de- 
 preciation then, at 20 miles per hour, would be four times 
 greater than at 10 miles per hour, that is the wear and tear 
 would he as 4 tol. The speed upon every road should be 
 adapted to the amount of business. To the neglect of this 
 rule, and the establishment of uniform rates of speed upon 
 most of the railroads of the country, may be ascribed the 
 small net earnings of many of them."' 
 
 He then recommends a speed of 1(3 miles an hour for pas- 
 senger trains. 
 
 We have attempted to see whether there has been any in- 
 crease of receipts on account of passengers, since this express 
 train, exclusively used for the transportation of passengers, 
 was put on the road — which would compensate the damage 
 done by the extraordinary speed and expenses of outfit and 
 running it. 
 
 Mr. Fisher says in his report, extraordinary of the 20th 
 January, 1859, that this train ran at the rates of 26 miles an 
 hour, from the 7th April last, to the 6th January, without 
 once missing a connection. 
 
 This express train began to run (see Mr. Fisher's report of 
 July, 1857,) on the 13th March, 1857, and witli the view of 
 comparing the increase for passengers, before and after this 
 train was put on the road, as well as to show the gradual In- 
 crease of travel, we annex the income from passengers, for 
 six corresponding months in 18561 If ore the express was put 
 on the road — and for 1357 and 1S58, afterwards : 
 
14: Document No. 71. [Session 
 
 1856. 1857. 1S58. 
 
 July, $11,216 18 $14,478 22 $13,807 70 
 
 August, 11,112 13 13,433 95 13,553 48 
 
 September, 12,408 28 15,750 59 14,637 20 
 
 October, 11,320 05 16,085 15 15,710 17 
 
 November, 10,940 37 10,337 70 12,704 73 
 
 December, 13,057 97 12,716 93 15,241 08 
 
 $70,054 98 $82,802 54 $85,454 36 
 
 For the same six months of each year the amount received 
 for freights is as follows : 
 
 1856. 1857. 1858. 
 
 $75,655 20 $90,565 25 103,919 67 
 
 The amount received for freights is given, in this connec- 
 tion, only to show that there is a gradual increase of the busi- 
 ness of the road, which might have been expected from pas- 
 sengers as well as freight. 
 
 As to the outfit for the express train, we learn from Mr. 
 Roberts, master machinist, that seven engines are employed 
 in the express train service — and four in carrying the mails 
 — and that these seven engines cost on the road $63,700 00 
 
 2 new coaches, - 5,000 00 
 
 3 baggage cars, - 4,500 00 
 
 Total outfit for express train, - - $73,200 00 
 
 Mr. Fisher in his report of July 1857, says "the additional 
 cost of this second train has been $1041 per month, actual ex- 
 pense. " 
 
 Mr. Roberts's estimate of the monthly expense is as follows : 
 
 7 Engineer* at $85 00 per month, $595 CO 
 
 4 Conductors " 50 00 " 200 00 
 14 Firemen " 12 50 " 175 00 
 14 Breakmen " 22 00 " 308 00 
 
185S-9.] Document No. 71. 15 
 
 Expenses of 7 engines for a year $108.50, per month, $904 00 
 Expense per month, $2,182 00 
 
 The income of both lines, mail and express, for the 6 months 
 in 1857, beginning with July, more than three months after 
 this second train started, is $82,802.54 
 
 Income of mail train for the corresponding 
 
 6 months in 1856, is 70,054.98 
 
 Gain, $12,747.56 
 
 Deduct expense of running express 
 
 train as per Roberts's estimate per 
 
 month $21 82 + 6, $13,092.00 
 
 Interest on outfit for 6 months at 8 
 
 per cent, per annum, $2,888 15,980.00 
 
 Net loss for six months, 3,232.44 
 
 Saying nothing about the wear andtear of road and machinery. 
 
 For the same 6 months of the year 1S58, there was an in- 
 crease over the corresponding months of 1857 of $2651.82, 
 but much more than this increase took place as to freights, and 
 might have been expected as to passengers, without the ex- 
 press ; and it is observable that there was an actual fall- 
 ing off as to passengers in July, August, September and Octo- 
 ber, 1858. The small increase in the months of November 
 and December, is probably attributable to the increase of way 
 travel, during the sitting of the General Assembly. 
 
 We observe that R. P. Dick, at a meeting of the directors, 
 held on the 13th November 1857, moved that the express 
 train be discontinued; motion did not prevail, three voting in 
 the affirmative, 5 in the negative. 
 
 We submit these facts, in relation to the express train, with- 
 out comment. 
 
 As to the loan of $350,000, at 8 per cent, interest. We find 
 that the stockholders, at their general meeting on the 11th 
 July 1856, authorized the president and directors to issue the 
 coupon bonds of the company for the sum of $350,000, with 
 
1G Document So. 71. [Session 
 
 interest payable semi-annually, payable in ten years, at an in- 
 terest of 6 per cent, for the purpose of meeting the present 
 liabilities of the company and the purchase of the necessary 
 motive power and cars. 
 
 On the Mill November, 1850, the directors appointed a 
 committee to " make a report of the condition of the road and 
 its finances to the Legislature, in order to securing some ac- 
 tion in reference to the bonds and making them available ;" 
 alluding to the coupon bonds of the company aforesaid. 
 
 Upon the memorial of this committee, an act was passed 
 in 1856-'57, authorizing the directors to issue the $350,000 of 
 coupon bonds, declaring them exempt from taxation for ten 
 years, and authorizing the board of directors, at their discre- 
 tion, to fix a rate of interest, not exceeding S per cent., and 
 requiring them to assign and set apart a sufficient amount each 
 year, out of the yearly income of the road, to pay off the in- 
 terest on the bonds regularly, and to constitute a sinking fund 
 sufficient to discharge the principal amount when due, "and 
 this amount, so set apart as a sinking fund, shall be shown in. 
 the annual report of the board." The directors, vnthout call- 
 ing another meeting of the stockholders, fixed the rate of inter- 
 est at 8 per cent, and sold the bonds at a premium of $137.5,0. 
 
 On the 9th of July 1S57, the directors ordered "that the 
 sum of $25,0000 be set apart out of the annual receipts and 
 income of the road, as a fund to be invested and pledged for 
 the payment of the principal of said bonds,'" at maturity. 
 
 On the motion of Judge Ruffin, proxy for the State, * like 
 resolution was passed by the stockholders at their annual 
 meeting in July 185S. 
 
 On the 8th December, 1858, the date of Mr. Fisher's letter 
 to Governor Bmgg, a meeting of the directors was held, and 
 another order made to set apart $25,000, in State bonds, de- 
 signating the number of each bond, with the interest payable 
 in April and October, as the first instalment of the sinking- 
 fund ; and we find that they were handed to the Treasurer 
 for registration on the 1.6th December, 1858, nearly two years 
 having elapsed since the passage of the act requiring this 
 amount to be set apart " each year. " 
 
IS58-9.] Document No. 71. 17 
 
 As to the expediency of extensive shops of construction and 
 repair, your committee concur with every administration of 
 the road, that they are indispensably necessary ; and as to the 
 question where they should have been located, the opinion of 
 the engineer was entitled to great consideration, and we have 
 examined his report on this subject of August, 1853, as well 
 as numerous letters addressed to him by many distinguished 
 engineers, in reply to a circular letter written to them by 
 him, asking their views on the subject. Nearly all of them 
 concur in recommending the location of the principal shops 
 near the center. We do not find that Col. Gwynn or any oth- 
 er engineer recommended that the town, which must neces- 
 sarily grow up around the shops, for the residence of the offi- 
 cers aud operatives, and other houses needed in a town, 
 should be built by the rail road company. "We have not been 
 able to conceive, or learn from others, any reason to sustain 
 this policy. 
 
 What each or either of the 57 buildings at the shops cost, 
 the treasurer and book-keeper informed us that they had not 
 the means of ascertaining. The rate of rent is fixed, by the 
 Directors at 8 per cent on cost — but though many of these 
 buildings have been finished and occupied for several years, 
 nothing could be found in the office showing the cost of any 
 of them. Some of them have paid rent, but how the amount 
 to be paid was ascertained, these officers cannot tell. The 
 bills of the carpenters for work, the company finding all the 
 lumber, are hereto annexed, embracing some brick. The 
 four bills of Dudley & Ashley, No. 7, amount to $28,917 38. 
 We call attention to them for several purposes : — First, the 
 treasurer and book-keeper say that the written contracts un- 
 der which this work was done, if any exist, are not on file 
 with them. 
 
 Secondly. Most of them are without date, and one of them 
 contains items for work done by the day, in the year 1856, 
 amounting to more than $6,000. 
 
 Thirdly. The credits for all these bills are entered on the 
 books, 21st December, 1858, by order of the President, who 
 2 
 
18 Document No. 71. [Session* 
 
 appears to have passed on them, without any estimate by any 
 disinterested party competent to make it. 
 
 As to the house of master of machinery, the Directors or- 
 dered on the 3d of May, 1856, that it be built at a cost not 
 exceeding $8,000. It is seen that the brick work and carpen- 
 ter bill, by contract, amount to $2,902 75, to which is to be 
 added the cost of lumber, shingles, painting, and other mate- 
 rial. The master machinist informed us he had lived in this 
 house two years — that he did not know the cost, and had paid 
 no rent. 
 
 On the 10th of April, 1857, the Directors 
 
 " .Resolved, That it is advisable to build a hotel boarding 
 house not to exceed $8,000 in cost. Ordered further, that a 
 committee of three consisting of Messrs. Fries, Mebane and 
 Shaver be associated with the President, to cany out the res^ 
 olution tor erection of hotel boarding house." 
 
 By reference to exhibits, No. 7, you will see that Dudley & 
 Ashley's bill for the carpenter work only, not including any 
 lumber, is $6,711 08. It is a brick building. What was the 
 cost of brick, masomy, lumber, painting, &c, we could not 
 ascertain ; but we infer from the cost of carpenter work, that 
 the total cost cannot be short of $15,000 or $20,000. We ad- 
 dressed a letter to Mr. Fries, one of the committee associated 
 with the President, to explain why a building was erected, 
 costing so largely above the amount limited by the Directors. 
 See his answer annexed, No. 8. 
 
 The president, in his report to the directors, July, 1S57, 
 says "you have provided that the cost of every building at 
 this place must pay a good dividend by a fair rent to the 
 company. Only the shop buildings are an exception, and 
 these ought to pay in profitable return, indirectly, most of alb" 
 By order of the directors the houses are to be rented at 8 
 per cent, on cost. 
 
 Your committee do not deem it judicious policy to borrow 
 money at 8 per cent, and invest it in houses to be rented at 
 8 per cent. 
 
 What the several houses at the shops cost your committee 
 believe no one can tell In Mr. Fisher's report, extraordina- 
 
1858-'9.] Document No. 71. 19 
 
 ry, to the governor, dated January 20th, 1859, (a report nof 
 authorized by the directors, so far as their journal shows, and 
 not provided for in the charter or by-laws of the company,) 
 which lias so much delayed our inquiries, the cost of the 
 shops is set down at $124,375 98 
 
 Buildings at 65,560 98 
 
 $189,930 96 
 In Mr. Fishers report of Jul}*, 1S58, the cost 
 of the shops for 1855, 1856, 1857, and to July, 
 1858, is $124,374 9S 
 
 $65,561 98 
 Assuming each of these reports to be accurate, there has 
 been expended on the shops, since July 1st, 1858, $65,561 98. 
 
 In relation to the abstract, appended to the report of 1858, 
 the president remarks, "appended to this report will be found 
 various abstract statements which explain themselves. That 
 showing the disbursement account of the past three years, 
 during the rime of the present administration of the road, has 
 been made out by reference to every warrant, in detail, and 
 can therefore, contain no error; it must show, with perfect accu- 
 racy, the total payments of this period, duly apportioned." 
 
 This statement is headed "statement showing the total dis- 
 bursement, in detail, from July 1st, 1855, to July 1st, 1858," 
 and yet you see enormous accounts credited to Dudley and 
 Ashley, and one J. Gr. Moore, since this committee icas appointed 
 for work done as far back as 1856. Moore seems to be a doer of 
 odd jobs about the shops, as we infer from the items of his ac- 
 counts. He is charged w T ith cash, at sundry times, beginning 
 in December, 1855, $12,473 67, and he is credited with esti- 
 mates to the amount of $15,950 78, leaving balance due him, 
 January 1st, 1859, of $3,477 11. We annex hereto No. 9, 
 an exhibit of said account, and ISio. 10, items in his credits, 
 as tending to show the general management of this road. 
 
 You will see his credits on 1st December, 1S58 — after this 
 committee was appointed — to the amount of $11,750 72. 
 Much more than half thi.<? nc^onnt is for labor by common 
 hands at v l 00 per day. 
 
20 Document No. 71. [Session 
 
 You will sec by this general account that if we had found 
 the books in the condition in which they stood November 
 30th, 1858, Moore's debits would have been $12,425 32, and 
 his credits $4,299 86, so that on the 30th November, 1858, 
 the balance would have been $8,125 42 in favor of the com- 
 pany. One month afterwards the balance in his favor is 
 $3,477 1 1 . The foregoing is giveu as a specimen of the finan- 
 cial management — as regards the shops. 
 
 It should be here remarked that no fault is imputable to 
 the book-keeping or book-keeper as to these accounts. He is 
 bound to pay on the waraant of the President. He could 
 take no notice of any claim held by Moore against the com- 
 pany until the President settled it. For instance, when Moore 
 presented his warrant from the President, dated November 
 26th, 1858, for $500, the book-keeper and treasurer could see 
 by his account that Moore owed the company $7,625 36, and 
 yet the treasurer was bound to honor the draft. Things of 
 this kind ought not to have escaped the attention of the com- 
 mittee of finance. If they did attract their attention, and 
 they had reference to them in their report to the ninth annual 
 meeting of the stockholders, we think that report would con- 
 vey the impression that the imperfect condition of the ac- 
 counts was the fault of the book-keeper, when it was obvious- 
 ly the fault of the President of the company. The accounts 
 of Dudley & Ashley, Moore and others, could not find their 
 way to the books except by the act of the President. 
 
 We call your attention particularly to that report, which 
 will to some extent explain the want of reliability due to the 
 reports of 1856, 1857 and 1858, as to the financial condition 
 of the company, to which we shall refer in a subsequent part 
 of this report. 
 
 The following is an extract from that report : 
 
 "As the 9th annual report of the fiscal concerns of the 
 company, your committee would have contented themselves 
 by closing their report here, but their desire to discharge their 
 whole duty, requires they should no longer refrain from call- 
 ing the attention of the company to the entire want of sys- 
 tem in keeping the books of the company, as practised by those 
 
1858-'9.] Document No. 71. 21 
 
 who have them in charge. Book keeping has been long ago 
 reduced to a perfect system, simple and easy to be understood, 
 and there is nothing in the principle of keeping the books of 
 this corporation, which varies from that of others differing 
 from it in character, or any well regulated mercantile estab- 
 lishment, and what would be said of either corporation or 
 merchant, when called upon, who would ask for more time to 
 exhibit their financial condition, than would be necessary to 
 make a copy of his general balance sheet ? 
 
 "This state of things ought no longer to exist with this cor- 
 poration, and it is in consequence of such a state of things that 
 your committee have never been able, at any of thier reports, 
 to place before you the debit side of your account. 
 
 " The statements of balances due by station agents, just 
 read in your hearing, suggest the propriety of some change 
 in the mode cf settling their accounts. Your committee hope 
 not to make themselves obnoxious to the charge of a desire to 
 dictate to those in authority, in this matter, but their wish to 
 remedy this growing evil, prompts them to suggest whether 
 it could not be accomplished by making it the special dr.ty of 
 some one employee of the company to visit twice a month the 
 different agencies, and settle the accounts, and receive the 
 amounts due on transportation account. This could be easily 
 done, as the daily returns of each agent is already in the office, 
 showing his indebtedness at any given time. The condition 
 to be attached to a failure of the agent to settle as required, 
 to be departed from in no case whatever, except for very sub- 
 stantial reasons, should be forfeiture of his office. Again ; 
 no agent appointed should be allowed to take upon himself 
 the duties of his office, until a good and sufficient bond, in 
 double the amount of one month's receipts at such station, 
 shall be given, approved by the board of directors or filed in 
 the office of the company." 
 
 The same system of book-keeping is continued. Yon will 
 see how far respect has been paid to their admonition, as to 
 settlements with station agents, and bonds for the discharge 
 of their duties, by reference to a table, No. 11, which we have 
 prepared and annexed, showing the amount of the penalty of 
 
22 Document No. 71. [Session 
 
 each station agent's bond, and the balance in his hands, Jan- 
 uary 1st, 1859. No system of book-keeping can be adopted, 
 which will make the book-keeper's balance sheet show the 
 truth, if the treasurer be required to pay on the President's 
 warrant, without showing for what this warrant issued, so 
 that he can, at the same time credit the account of the party 
 in whose favor the warrant is drawn, by the amount of his 
 claim against the company. No instance has come to our 
 knowledge in which the treasurer or book-keeper has failed 
 to make proper entries, when he was furnished the means of 
 doing so. 
 
 The total amount collected for rents, as per statement furnish- 
 ed us, was, on 1st January, 1859, $1,265 20. At eight per 
 cent, they would have produced this sum in less than three 
 months. 
 
 We found a bond on file executed by Benjamin Trolinger 
 and others, promising to refund by the 1st October, 1854, to 
 the North Carolina Railroad Company, $3,248.37, paid by the 
 company for the shop lands. We are informed by the Treas- 
 urer that $1,800 was paid on this bond in August, 1855, and 
 that no steps have been taken, within his knowledge, to col- 
 lect the balance. When the company was paying 12 per 
 cent, interest to raise money to pay debts we can perceive no 
 reason why this debt was not collected. 
 
 Tour committee called on the treasurer and book-keeper 
 for the accounts of the North Carolina Railroad Company 
 against the Western Extension, for work and material furnish- 
 ed for that road. No such account was on the books. We 
 examined Mr. Roberts on this subject, who stated that the 
 work done at the shops for the Western Extension from June 
 1st, 1857, to July 1st, 1858, amounted to $435.18 
 
 And from July, 1858, to December, 1858, to 1,508.33 
 
 And the book-keeper, Mr. Mills, stated that 
 the amount due, January, 1859, from Wes- 
 tern Extension for freight, is 19,663.26 
 
 And not on book, 2,600.00 
 
 And the only credit is $2,000, paid in Sept., 1857, $23,20.77 
 
1858-9.] Document No. 71. 23 
 
 [See exhibit, No. 13, which came to our hands after this 
 statement was made out.] 
 
 Your committee learn that the actual cost of transportation 
 of iron and other heavy articles on a railroad is from $2 50 
 to $3 per ton, per 100 miles. On the 10th April, 1857, the 
 directors ordered that the freights of the W. N. C. Railroad, 
 during its construction, (of material, <fcc.,) be carried at the 
 rate of two cents per ton, per mile. 
 
 In Mr. Fisher's report of the 20th January, 1S59, he sets 
 down the amount due from other roads at $24,412 53 
 
 Deduct amount due from Western Extension 21,206 77 
 
 Leaving due from all other roads 3,205 76 
 
 In the 20th January report the resources of the company 
 are stated to amount to $218,249 75 
 
 And its liabilities to 177,043 39 
 
 Surplus on hand $41,206 36 
 
 You will observe, among these resources, the sum of $27,- 
 665 25 due from individuals on unpaid stock; much the larger 
 portion of this is entirely worthless. The estate of one de- 
 ceased stockholder owes $10,070 of it, and there are no assets 
 applicable to the payment of this stock. It has been long re- 
 garded as entirely hopeless. 
 
 At one of the early meetings of this committee, we asked 
 the book-keeper and treasurer to furnish us with a detailed 
 statement of the debts due to and from the company. Soon 
 afterwards the books were taken off by Mr. Mills, so that Mr. 
 Mendenhall could not furnish it; and when Mr. Mills returned 
 he stated that it would appear in the forthcoming report of the 
 President of the Road. On the appearance of the report, the 
 statement not appearing sufficiently in detail, the chairman 
 addressed the book-keeper, asking him to furnish the commit- 
 tee " with a detailed statement of the debts due to the K. C. 
 Railroad, specifying the name of the individual or corporation 
 owing each debt, also a list of the debts owing by the corpo- 
 ration, specifying to whom and when each debt is due, bring- 
 ing up this statement to the same period to which these ac- 
 
24 Document No. 71. [Session 
 
 counts were brought in Mr. Fisher's report to the governor 
 of the State of the 20th instant." This letter was dated the 
 26th January. 
 
 We had understood from Mr. Mills that his presence, with 
 his hooks, was much needed at the shops, and we had consent- 
 ed on the 22d January that the treasurer and bookkeeper "have 
 leave to remove to their respective offices all their books and 
 papers (excepting those in possession of the committee) sub- 
 ject to any further call for information which the committee 
 may make on them." 
 
 No answer being received from Mr. Mills, under the order 
 of the committee, the chairman, on the 1st February, ad- 
 dressed to Mr. Fisher a letter, of which the following is a 
 copy: 
 
 " Ciias. F. Fishes,, Esq : 
 
 " Dear Sir : — The committee investigating the affairs of 
 the North-Carolina Railroad, instruct me to say to yon that 
 they wish you, the treasurer of the Company, Mr. Menden- 
 hall, and Mr. Mills, the book-keeper, to appear before them 
 at your office in Raleigh, at 4 o'clock P. M., on Thursday 
 next, then and there to exhibit to us a detailed statement of 
 the debts due to the North-Carolina Railroad Company, spec- 
 ifying the name of the individual or corporation owing 
 such debt, and producing the evidence of such debt ; 
 also, a list of the debts which the company owes, and 
 to whom each debt is due, bringing up these statements to 
 the same period to which these accounts were brought, in 
 your report to the Governor, of the 20th of January, 1859. 
 We further wish to be furnished, at the same time, with a 
 list of all the debts of said Company, contracted prior to the 
 13th of July, 1855, and which have been paid since 1st De- 
 cember, 1856, the existence of which was not known to you 
 at the latter date, with the warrants under which said pay- 
 ments were made. 
 
 Yours, respectfully, 
 
 JONATHAN WORTH, Chairman. 
 
 P. S. If the statements cannot be made ready by the time 
 
L858-U] Document No. 71. 25 
 
 specified, please Lave the books and papers here, from which 
 they can be made." 
 
 At the time appointed, having received no answer from 
 Mr. Fisher, three members of the committee attended at the 
 place appointed, when Mr. Fisher told one of them, Dr. Mills, 
 who went to him to inform him that we were in attendance, 
 that he refused any further investigation on the subject. 
 Being satisfied that we should be unable to report before the 
 end of the session, if we took the steps necessary to coerce the 
 attendance of the President and the book-keeper, we resolved 
 to report the facts we had obtained. 
 
 Yon will thus see that our purpose to investigate important 
 matters involved in the inquiry committed to us, has been 
 frustrated. We have a list of delinquent stockholders, and 
 entertain no doubt that the statement in the report of 20th 
 January, is delusive, as to the greater part of §27,6(55 25 due 
 from stockholders, if the impression was intended that this 
 sum is available. As to the other debts and liabilities, we 
 can say nothing, for the reasons above stated. 
 
 Your committee fixed on the period to which Mr. Fisher 
 had brought up his accounts, in his report to the Governor, 
 because it would be easy to furnish it, as we supposed, as the 
 details must have been made out to obtain the aggregates. 
 
 The latter inquiry in the letter from the chairman to Mr. 
 Fisher, of the 1st February, was suggested by the remark 
 in his report to the Governor, that his error as to the finances 
 of the compan}', at the time the application was made to the 
 General Assembly of 185G, for leave to sell the bonds of the 
 company at a higher rate of interest than six per cent., arose 
 from "the amount of old debt, unlisted, and not known to ex- 
 ist." He sa} s in his report last mentioned, " the vouchers of 
 payment clearly show the date of every liability, and the na- 
 ture of the account. In the annual report of July, 1858, this 
 report was set forth in detail from an examination of each 
 warrant issued by me since July 1st, 1855, and would have 
 been published herewith, but it was found, when too late, so 
 large as to cause a delay in issuing this report, which I was 
 
26 Document No. 71. [Session 
 
 unwilling to allow." From this it was supposed that it would 
 be easy to furnish the information desired. It was not sup- 
 posed that he referred to old debts unlisted and not knovm to 
 exihi, created during his own administration. 
 
 We find, at the close of the fiscal year, 1855, when Govern- 
 or Morehead's administration ceased, the finance committee 
 report the resources of the company as follows : 
 
 In the hands of the treasurer, $420,727 44 
 
 Due upon stock of individuals, 94,150 00 
 
 Due from transportation not collected, 16,111 75 
 
 With a treasury, then so fall, it is remarkable that there 
 should have been any debts, excepting for the hire of negroes 
 for the year, then half expired, not known to exist, 18 months 
 afterwards. Mr. Mendenhall states that he was not furnished 
 with the lists of debts, made for negro hire by Col. Gwynn, 
 Gov. Morehead and others, until the notes were presented for 
 payment; but that all debts for construction accounffound their 
 wry to the books by the bi-monthly estimates of the en gineers. 
 
 The Board of Directors, on the 9th July, 1858, " ordered 
 that station agents be required to pay over their accounts, 
 due from them every Saturday, to the treasurer, and that the 
 bonds of agents belaid before the board at their next meeting." 
 
 We examined these bonds, and took a memorandum of the 
 penalty of each of them, and the book-keepers furnished us 
 with a statement, showing the balance due from each of them 
 1st January, 1859. We annex hereto a statement, No. 11, 
 showing the balance due from each of them Januaiy 1, 1859, 
 with the date of his bond and the amount of his penalty. By 
 reference to this exhibit you will see that several of them owe 
 balances largely exceeding the penalty of their bonds ; that 
 some of them have given no bond ; that the following have 
 gone out of office, largely defaulters, to wit: R. Fulghun, 
 formerly station agent at Smithfield, owing $1,01S 19, penalty 
 of his bond $300 ; W. H. Woodard, formerly station agent at 
 Goldsboro', penalty of his bond not exceeding $3,000, owing 
 a balance of $5,279 62. We did not examine this bond while 
 
185S-'9.] Document No. 71. 27 
 
 we had access to the papers. The treasurer, Mi 1 . Mendenhall, 
 states, from memory, that the penalty does not exceed $3,000. 
 11. W. Hamlet, formerly station agent at Haw River, gave no 
 bond — balance due from him in suit $825 SO. The treasurer 
 informs us that Hamlet was not appointed by the directors; 
 that the balance due from him, when he left, was about $2,000 ; 
 that by the President's order, about half this sum was credited 
 to Hamlet and charged to Benjamin Trolinger, who owes all 
 or nearly all of it, and is insolvent. 
 
 We annex a list of the directors for each year, distinguish- 
 ing those appointed by the State and the stockholders, with 
 the number of shares of stock owned by each at the time of 
 his appointment, the number of days each has served since 
 the completion of the road, over which they travel free at all 
 times. And we understand that by some interchange of rail- 
 road courtesies, they may travel free over all the North- 
 Carolina roads, and those between here and New York. This 
 exhibit is marked No. 12. 
 
 We again call your attention to the accounts of J. G. Moore, 
 the doer of odd jobs at the shops. You will see by the ex- 
 hibit annexed, No. 10, he received for the first 6 months of 
 
 1857, $2,210 8G 
 
 And for the same period he received all for the labor 
 
 of hands by the day, at a dollar per day, except 
 
 Gilbert, the blacksmith, 147i days, $195-50, 1,815 25 
 
 $4,026 11 
 
 And for the last 6 months of 1S57, by account annexed, you 
 
 will see he received, $2,208 11 
 
 And (all for work by the day,) 1,473 CO 
 
 $3,081 11 
 First 6 months forwarded, 4,02G 11 
 
 Total for the year 1857, $7,707 22 
 
 Besides this, you will see that he received "from 1856 to 
 1858 " for wells, &c, $2,002.72^, 
 
28 Document No. 71. [Session 
 
 The accounts of $1,815.25 and $1,473.00, are not set out in 
 detail, to avoid making this report too voluminous. 
 
 His charge for personal superintendence in 1 857, at $1.50 
 per day, amounts to $471.00 
 
 The laborers, as we understand, for whom he is allowed 
 $1.00 per day, are common hands — negroes principally. 
 
 To show what degree of confidence is due to the reports of 
 the President, which we regard as endorsed by the directors, 
 we propose to review the reports of 1856-'57-'5S, and 20th of 
 January, 1859. For the latter report, we do not regard the 
 directors as responsible. 
 
 In Mr. Fisher's report of July, 1856, he estimates that 
 $350, 0U0 will pay the debts and complete the construction of 
 the road. He says, '' the statements of this report have been 
 made with more than usual minuteness, and the estimates 
 submitted are such as we have every reason to believe will 
 make a full completion of this work ; and such has been my 
 conviction of the importance and necessity of a speedy and 
 entire completion, as to cause me to have made out and to 
 present to you such full estimates as could leave no doubt of 
 affording the administration the means for placing this road 
 on a firm footing, clear of the little indebtedness which brings 
 constant vexation, and with the equipment indispensable to 
 its safe and profitable operation." 
 
 This is reiterated in the memorial to the Legislature, asking 
 privilege to sell the bonds of the company at an increased 
 interest. At the time the act passed, allowing the issue of 
 the 8 per cent bonds, Mr. Fisher had been President of the 
 road 18 months; had been excessively harrassed and paying 
 at the rate of 12 per cent per annum to raise money to meet 
 the liabilities of the company, and one would have supposed 
 might have found out what it owed. He professed that he 
 had found out. 
 
 The $350,000 was raised on the company's bonds, and there- 
 after, if the foregoing report had been correct, the next earn- 
 ings of the road, less the interest on this $350,000 and the sink- 
 ing fund, providing for its payment, would have been surplus 
 for dividends. 
 
183S-9.] Document No. 71. 29 
 
 In his report of 1857, lie says the net earnings amount, for 
 the past year, to $162, 1)24: 03, bur states that " a larger amount 
 of outstanding indebtedness has been paid than was known to 
 exist." 
 
 In July, 1858, he reports the net earnings over operating 
 expense, for the preceding year, to be $185,212 06. 
 
 In his report of the 20th January, 1859, he makes ihe net 
 earnings, from July 1st, 1858, to January 1st, 1859, $112,- 
 544 98. 
 
 These net earnings, summed up, stand thus : 
 
 Net earnings for the year ending July, 1857, $102,924 63 
 " " " " " ' July, 1858, 185,212 00 
 
 " " to January, 1859, 112,51:198 
 
 $460,681 67 
 Deduct interest for two years on the $ 350,000 at 
 
 8 per cent $56,000 
 
 Sinking Fund. $25,000 $81,000 
 
 1379,681 67 
 
 If Mr. Fisher's estimates, made with so much care in July, 
 1856, had been correct, then the net surplus in the treasury, 
 according 1o his own showings, should have been, on the first 
 of January, 1859, 8379,0b 1 67, instead of $41,205 30. As the 
 Express tiain was not contemplated in the estimates of 1856, 
 amounting to -173,200, this sum ought a ] so to be deducted. 
 This would reduce the net surplus to $306,481 67 
 
 Deduct the present reported surplus $41,205 36 
 
 #265,276 31 
 
 And you will s i e, to make these reports consistent, that there 
 must have been paid within two years, $265,276 31, on debts 
 "not known to exist," at the time the memorial was submit- 
 ted to the General Assembly at its last session. 
 
 Your committee believe from the report of Col. Gwynn, 
 
30 Document No. 71. [Session 
 
 on leaving the road, sustained by repeated reports of the 
 President and directors since that date, that the road was 
 cheaply constructed, and that its future prospects, if well and 
 economically managed, are highly encouraging. 
 
 Your committee are not ignorant, that in the management 
 of so extensive a road, the most vigilant and judicious ad- 
 ministration might commit errors. But making due allow- 
 ance for these, we think the facts herein disclosed, warrant the 
 conclusion that this road has been badly managed — by Ihe 
 Presiden and Directors — in the particulars which we have 
 been able to examine, in the time and under the circum- 
 stances, herein set forth. In many important particulars, we 
 have made no examination, because we could not do it with- 
 out totally neglecting our other legislative duties. 
 
 We regret that we have been unable to make our investi- 
 gation so thorough as we think the interests of the State 
 require. 
 
 J. WORTH, Chairman. 
 L. A. MILLS, 
 EDWIN D. DRAKE, 
 D. D. FERE BEE. 
 
1S58-9.J Document No. 71. 
 
 (No. 1.) 
 
 Execu/tive Office, Raleigh, Dec. 10, 1858. 
 
 Sir? I received yesterday from Charles Fisher, Esq., the 
 enclosed letter. I deem it due to him that the committee of 
 which you are chairman should be apprized of his intentions, 
 and therefore send you the letter. 
 
 Very respectfully, 
 
 THOMAS BRAGG. 
 Dr. Ladson Mills. 
 
 P.S. — Since writing the above,! find that the committee is 
 a joint one, and niay not have elected a chairman. Please 
 lay the letter before the committee when it meets. T. B. 
 
 (No. 2.) 
 
 President's Office, iN. 0. Railroad, ) 
 Salisbury, Dec. 8, 185S. \ 
 
 To His Excellency, Gov. Bragg : 
 
 Sin : — At the earliest date which is possible, I propose, by 
 leave of the board of directors, to make to your Excellency, 
 for the use of the General Assembly, a detailed report of the 
 affairs of this company, embracing various statements, ab- 
 stracts and tables. To prepare these latter being a labor of 
 some magnitude for the office corps (not a large one) in addi- 
 tion to their regular daties, which they alone can well exe- 
 cute, it is necessary that they should have reasonable time to 
 attend to the work. 
 
 I have the honor to be 
 
 Your obedient servant, 
 
 CHARLES F. FISHER, President, 
 
32 Document No. 71. [Session 
 
 (No. 3.) 
 
 Raleigh, December 18th, 1858. 
 Okas. Fisher, Esq., 
 
 President of the N. C. Railroad Company — 
 
 Sir: — The undersigned having been appointed a joint com- 
 mittee of the General Assembly, now in session, to inquire 
 into and report, upon the financial condition and general man- 
 agement and prospects of the N. C. Railroad Company, have 
 organized and are ready to enter upon the duties assigned 
 them ; but in consideration of your letter of the 8th inst., ad- 
 dressed to Gov. Bragg, and by him transmitted to this com- 
 mittee, we have resolved to postpone the commencement of 
 the investigation till the 4th of January next. 
 
 To enable us to make the investigation proposed, it is nec- 
 essary to have the books of the company before us, and we 
 therefore request you, with your secretary and treasurer, to 
 appear before us at the Governor's office, in the capitol, at 4 
 o'clock p. in., on the 4th day of January next, with all the 
 books of the company, and the bonds given by officers and 
 employees of the company for the discharge of their respect- 
 ive duties. 
 
 We conceive it to be our duty, under the resolution refer- 
 red to, to examine your by-laws, the proceedings of all the 
 meetings held by the stockholders and directory, and all other 
 books and papers enabling us to perform fully the duty as- 
 signed to us. 
 
 We give you this early notice, becau-e we are aware that 
 your charter contains no provision authorising the General 
 Assembiy to investigate the affairs of your Company, and we 
 presume you will deem it necessary to consult your Directory 
 before complying with this request ; and because we wish to 
 give you a reasonable time to prepare for the enquiry. 
 Very respectfully yours, 
 [Signed by the members of the committee.] 
 
1858-9.] Document No. 71. 33 
 
 President's Office, N. C. Railroad, \ 
 Salisbury, Dec. 22, 1858. f 
 
 Gentlemen : I have had the honor to receive, within this 
 hour, your letter of date the 18th inst., explaining your wishes 
 as a "Joint committee of the General Assembly to enquire 
 into and report upon the financial condition, general manage- 
 ment and prospects of the North Carolina Railroad Company." 
 
 I noticed the appointment of the committee, and have wait- 
 ed, expecting to receive a notification of what might be their 
 pleasure. 
 
 It will afford me the greatest satisfaction to observe your 
 wishes as to the material for conducting jour enquiry, and to 
 give you every possible aid in the same. The treasurer and 
 secretary will be also in attendance on your meetings. 
 
 I consider it by no means necessary to consult the Board of 
 Directors (according to your suggestion) touching this matter, 
 for although, as you remark, our charter does not authorize 
 such an investigation in terms, yet, as a State work, this right 
 must belong to the sovereign power, and most clearly may be 
 and ought to be exercised at its pleasure. I am quite sure 
 that the board would be prompt and unanimous in directing 
 me to afford you every possible aid and facility, and that their 
 desire would be (as in fact they so informally expressed to 
 me, at a late meeting,) to have the enquiry most thorough, 
 full, and satisfactory. 
 
 The report, which I signified to the governor my intention 
 of making, has been delayed, owing to my necessary absence 
 from home, and from my being unable to give it my time and 
 attention. I shall proceed to make it in a short time, but had 
 not supposed it could be of value to your committee, except 
 perhaps as a statement for enquiry and reference. 
 I am, very respectfully, 
 
 Your obedient servant, 
 
 CHAS. F. FISHER, Pres. 
 
 Messrs. Jonathan Worth, 
 
 and other gentlemen of Committee. 
 3 
 
84 Document No. 71. [Session 
 
 (No. 4.) 
 New-Berne, JST: C., January 11th, 1859. 
 
 Jonathan Worth, Esq., Chairman of Committee, &c : 
 
 Dear Sir:— I am in receipt of your communication of the 
 6th inst, and in answer would state that the settlement with 
 Messrs. John C. McRae & Co., as contractors on the North- 
 Carolina Railroad, was made by a committee of the board of 
 directors in accordance with an order of the board of direc- 
 tors, as I was informed at the time. 
 
 In consequence of this order, the chief engineer had noth- 
 ing to do with the settlement that I am aware of, and the only 
 connection I had with it was at the request of the president 
 to assist in making out some statements relative to the account, 
 and to appear before the committee and answer such ques- 
 tions as was asked, none of which referred to the execution 
 of the work. Yours very respectfully, 
 
 JAMES MILLER. 
 
 (No. 5.) 
 
 Charleston, S. C, Jan. 12, 1859. 
 
 Dear Sir : — I am in receipt of your communication of the 
 5th instant. In reply, I have only to say that I disapprove of 
 much of the work done by Messrs. John C. MeRae & Co., on 
 the North Carolina Rail Road. The masonry for the bridge 
 oven* the Neuse and the culverts, were badly built. The cul- 
 vert, which gave way and caused the accident, resulting in 
 the death of Mr. Holland, the conductor of the freight train, 
 received my particular condemnation ; and through Mr. James 
 Miller, the principal assistant engineer, it was directed to be 
 rebuilt. The track was generally badly laid. 
 
 From the beginning to the completion of the track, there 
 was a constant strife between the engineer and the contract- 
 
1 858-9. ] Document No. 71. 35 
 
 ors ; they repeatedly refused to obey the orders of the engi- 
 neer, and it was with the greatest difficulty that I could get 
 them to do any portion of the work properly. 
 
 I have no recollection of making any written report to the 
 board of directors in regard to the misconduct of Messrs. 
 John 0. McRae & Co., but I frequently apprised the board of 
 the trouble and difficulty which they gave me ; their beha- 
 vior was such that I broke off all personal intercourse with 
 them, and communicated my instructions to them in writing. 
 
 I have no recollection that I was consulted by the commit- 
 tee of the board appointed to settle the accounts of Messrs. 
 John C. McRae & Co. The account between the company 
 and their contractors, was so frequently referred to in connec- 
 tion with communications to the board, from them, that I 
 have no doubt every member of the board was furnished with 
 its details. 
 
 The committee for the settlement of the account of Messrs. 
 John C. McRae & Co., was appointed without any consulta- 
 tion with me. I made no complaint, nor did I make any in- 
 quiry as to the motive for taking the settlement out of my 
 hands ; I inferred it was done at the solicitation of the con- 
 tractors, and probably with the view of relieving me of a po- 
 sition, in which my motives might be assailed, as I had n® 
 personal intercourse with the contractors. 
 I am sir, yours very respectfully, 
 
 WALTER GWYNN. 
 Hon. Jonathan Worth, Chairman, &c. 
 
36 
 
 Document No. 71. 
 
 (No. 6.) 
 
 WOOD CONTRACTS. 
 
 [Session 
 
 
 1 
 
 NUMBER 
 
 ■* 
 
 DATE OF CONTRACT. 
 
 CONTRACTOR. ! 
 
 OF CORDS. 
 
 DELIVERABLE. 
 
 Feb. 20, 1853, 
 
 Charles L. Partee, ) 
 Benjamin Sumner, j 
 
 1,500 
 
 Aug.Nov.Feb. 
 
 May 1, 1855, 
 
 1,000 
 
 & May, 1857. 
 
 Feb. 1, 1856, 
 
 Jos. M. Smith, 
 
 52i 
 
 Feb. 1, " 
 
 Jan. 7, 1856, 
 
 N. M. Yinson, 
 
 1,500 
 
 Jan. 1, " 
 
 Dec. 22, 1855, 
 
 Wm. Carpenter, 
 
 60 
 
 June 1, 1856. 
 
 " 1} u 
 
 Samuel Chapell, 
 
 200 
 
 Mar. 30, " 
 
 Jan. 25, 1856, 
 
 N. G. Gully, 
 
 100 
 
 Jan. 25, 1857, 
 
 Dec. 7, 1855, 
 
 H. Pilkinton, 
 
 200 
 
 " 1, 1856, 
 
 Jan. 1, 1856, 
 
 Jo. Ingram, 
 
 800 
 
 " 1, 1857, 
 
 " 24, " 
 
 John R. Johnson, 
 
 300 
 
 tt j a 
 
 Mar. 1, " 
 
 Jo. Ingram, 
 
 800 
 
 (( ^ " 
 
 « 1 « 
 
 W. Hasting, 
 
 800 
 
 a ^ " 
 
 Jan. 1, " 
 
 W. H. Whitley, 
 
 1,000 
 
 « "J. u 
 
 » 4, " 
 
 Dosia Allen, 
 
 2,500 
 
 Feb l' " 
 
 " 8, " 
 
 Thomas J. Faucett, 
 
 400 
 
 Jan. 1, " 
 
 Dec. 4, 1855, 
 
 Isaac W. Jones, 
 
 100 
 
 " 1, 1856, 
 
 Jan. 15, 1856, 
 
 A. F. Page, 
 
 1,200 
 
 ." 1, 1857, 
 
 Feb. 19, " 
 
 James M. Smith, 
 
 1,500 
 
 Feb. 19, " 
 
 Jan. 24, " 
 
 J. M. Scales, Jr., 
 
 12,000 
 
 Jan. 1, " 
 
 Feb. 1, " 
 
 W. H. McCullers, 
 
 2,000 
 
 Feb. 1, " 
 
 Jan. 10, " 
 
 Eatman & Richardson, 
 
 1,000 
 
 Jan. 1, " 
 
 " 17, " 
 
 Price & Wilder, 
 Wm. R. Daniel, 
 
 600 
 
 " 17, " 
 
 ¥ 21, 
 
 300 
 
 K 2 " 
 
 Feb. 8, "' 
 
 J. H. Johnson, 
 
 2,000 
 
 Feb. l' " 
 
 Nov. 30, 1855, 
 
 W. S. King, 
 
 100 
 
 April 1, 1856, 
 
 Jan. 5, 1856, 
 
 j". R. Brannan, 
 
 12,000 
 
 Jan. 15, 1857, 
 
 « 24, 1855, 
 
 Willis Johnson, 
 
 150 
 
 it 2 " 
 
 » 5, 1856, 
 
 Nathaniel Jones, 
 
 1,200 
 
 Dec. 25, 1856, 
 
 » 5, " 
 
 Isaac V.- Jones, 
 
 800 
 
 Jan. 5, 1557, 
 
 « fi, " 
 
 W. H. To;ulinson, 
 
 800 
 
 " 10, " 
 
 " 22, " 
 
 Alsey Eatman, 
 
 350 
 
 u 2 " 
 
 w 23, « 
 
 F. T. Tomlinson, 
 
 1,600 
 
 " 23,' " 
 
 Mar. 11, " 
 
 P, A. Page, 
 
 800 
 
 U -i it 
 
 Jan. 17, 
 
 J. 0, Atkinson, 
 
 400 
 
 u j^! « 
 
 « 15, " 
 
 A. Morgan, 
 
 100 
 
 May 1, 1856, 
 
 " 19, « 
 
 John W. Brasington, 
 
 1,000 
 
 Jan. 1, 1857, 
 
 « 21, •'•' 
 
 & fj, W, mightoT, 
 
 300 
 
 u i a 
 
1858'-'9/} Document No. 71. 
 
 WOOD CONTRACT -(Continued.) 
 
 37 
 
 DATE OF CONTRACT 
 
 Jan. 4, 1856, 
 
 " 18, " 
 
 " 16, " 
 
 " 21, " 
 
 " 15, « 
 
 CONTRACTOR. 
 
 C. D. Edwards, 
 Wiley Manor,- 
 G. J. Allison, 
 W. D. Carlton, 
 A. M. Blake, 
 
 Generally at $1.25 per cord. 
 
 NUMBER 
 OF CORDS. 
 
 100 
 
 200 
 200 
 300 
 
 2,000 
 
 43,512£ 
 
 DELIVERABLE. 
 
 May 1, 1856, 
 June 1, " 
 July 1, " 
 Jan. 1, 1857, 
 " 15, " 
 
 (No. 7.) 
 
 December 21st, 1858. 
 
 Dudley & Ashley's work on Superintendent's House : 
 
 3692 feet of flooring, $1, 
 
 $147 68 
 
 3693 " 
 
 of framing in floors, $2, 
 
 73 84 
 
 2560 " 
 
 " ceiling joist, $2, 
 
 5120 
 
 2560 " 
 
 " roof, 2, 
 
 51 20 
 
 2560 " 
 
 " sheeting and shingling, $3^, 
 
 89 60 
 
 1690 « 
 
 " partitions, $2, 
 
 33 80 
 
 220 " 
 
 cornice, $1.10, and brackets, 
 
 242 00 
 
 205 " 
 
 frieze, 25 cts., 
 
 5125 
 
 220 " 
 
 gutter, 15 cts., 
 
 33 75 
 
 10 windows in first story, $14, 
 
 140 00 
 
 13 
 
 ' second " $12, 
 
 156 00 
 
 8 dooi 
 
 •s in 1st story brick wall, $12^, 
 
 98 00 
 
 5 " 
 
 1st " wood wall $11, 
 
 55 00 
 
 1 front door, 
 
 25 00 
 
 4 door 
 
 s in 2nd story brick wall, $12, 
 
 48 00 
 
 4 " 
 
 " 2nd wood wall, $11, 
 
 44 00 
 
 2 staii 
 
 cases, 70 and 50, 
 
 120 00 
 
 8 chimney pieces at $5, 
 
 40 00 
 
38 Document No. 71. [Session 
 
 90 feet of raking cornice, $ 108 00 
 
 4 pair steps, and 3 verandas, 390 00 
 
 882 feet vase, 15 cents, 132 30 
 
 Fitting and hanging 23 window blinds, 23 00 
 
 $2,153 62 
 
 Approved, credit their account. 
 
 C. F. F. 
 
 Estimate on December 20, 1858 : 
 
 Dudley & Ashley's work on Captain Allen's House : 
 
 3415 feet of flooring at $4, $136 60 
 
 8863 " ""framing " $2, 174 26 
 
 2268 " " sheeting " $4, 90 72 
 
 192 " " cornice and frieze at $1, 192 00 
 
 180 " " gutter 15 ce'nti, 27 00 
 
 8 windows in first story $14, 112 00 
 
 10 " " second " $12, 120 00 
 
 5 doors inside in first story $12, 60 00 
 
 2 " outside " " " $25,124, 37 00 
 
 3 closets " first " $12, . 36 00 
 
 4 doors " second " $12, 48 00 
 8 closets " " " $10, 80 00 
 8 chimney pieces, 5, 40 00 
 
 724 feet base 15 eta., 108 60 
 
 1 closet under stairs, 10 00 
 
 17 feet blinds for fitting and hanging, 17 00 
 
 1 pair steps, front door, 2 00 
 
 KITCHEN- HOUSE : 
 
 3360 feet framing $1£, $50 90 
 
 1000 " weather boarding, $2, 20 00 
 
 840 " shingling, $2£, 2100 
 
 640 " flooring, $2£, 16 00 
 
 4 windows, 12 lights, 10x16 glass, 18 00 
 
 ,291 18 
 
3 00 
 
 
 6 50 
 
 
 15 00 
 
 
 
 $176.40 
 
 
 
 $59 80 
 
 
 30 00 
 
 
 90 00 
 
 
 7 00 
 
 
 50 00 
 
 1858-9.] Document No. 71. 39 
 
 4 doors, of 4 pannels, $6£, $26 00 
 
 2 chimney pieces, $1£, 
 130 feet base, 5 cents, 
 60 boxing and cornice, 25 cents, 
 
 Kitchen porch, 
 
 Back porch to house, 
 
 Front porch, 
 
 Changing window to a door, 
 
 Stair case, 
 
 $170438 
 Approved — credit their account, C. F. F. 
 
 December 21st, 1858. 
 
 Estimate on Dudley & Ashley's work on Hotel — Front 
 Building : 
 
 6640 feet of framing in 1st and 2nd story, $2, $132 80 
 
 6768 " ceiling joist, $2, 135 36 
 
 6600 " " roof 2, 132 00 
 
 3228 " partition in 1st story, $2, 64 56 
 
 3854 " " 2nd " $2, 77 08 
 
 1280 " basement, 2 cents, 25 60 
 
 192 " stair wall, 2 cents, 3 84 
 
 1512 " support for roof, 2 cents, 30 24 
 
 6573 " flooring in 1st and 2nd story, 4 cts., 262 92 
 
 4 windows that reach the floor, $11, 44 00 
 
 7 " $11, 77 00 
 
 2 front doors $13, 26 00 
 
 2 doors outside with side and head lights, $25, 50 00 
 
 1 " side lights, 18 00 
 11 " inside with head lights, $12, 132 00 
 
 2 doors without head lights, $11, 23 00 
 1 sliding door, 50 00 
 
 10 chimney pieces in 1st story, $6, 60 00 
 
 1 stair case, 120 00 
 
40 Document No. 71. [Session 
 
 2 £ eliptic openings $7-|, 
 809 feet of vase in 1st story 15 cts., 
 
 6 windows in 2nd story reaches the floor, 
 
 7 " 2nd " " " 
 10 doors in 2nd story with head lights, 
 
 5 " " « without, 
 
 2 " " " with side and head lights, 
 1 window frame, 
 
 door " 
 
 1 window frame to basement, 
 807 feet of base in 2nd story, 10 cts., 
 
 10 chimney pieces in 2nd story, $6, 
 178 feet of balcony, 
 
 7 windows in basement, $6, 
 
 3 doors " $10, 
 398 feet of arch itrane, 174/ cts., 
 
 80 "■ bannistering and railing in front porch, $1, 
 576 " front steps, 
 
 2 buttresses, $10, 
 
 2 pair steps of 7 treads each, $4, 
 
 wing of hotel: 
 480 feet of framing in basement, $2, 
 11874 " wing, $2, 
 
 2483 " " " 
 
 14 windows in 2nd story, $10, 
 10 " 1st " $10, 
 
 10 " 2nd " $11, 
 
 1 a 2nd " outside, 
 
 3 " 1st " ' " $12, 
 
 2 i; 1st " iuside, $11, 
 12 chimney pieces at $5, 
 
 960 feet base $10, 
 
 8 windows in basement, $6, 
 
 3 " " 2 of them ontside, $12, 
 1 stair in basement, &c, 
 
 For shelving, $c, in dining pantry, 
 3710 feet flooring in 1st and 2nd stories, $4, 
 3 quarter round post, $!•£, 
 
 $15 
 
 00 
 
 121 
 
 35 
 
 G6 
 
 00 
 
 77 
 
 00 
 
 120 
 
 00 
 
 55 
 
 00 
 
 50 00 
 
 4 
 
 00 
 
 5 
 
 00 
 
 2 
 
 50 
 
 80 70 
 
 60 
 
 00 
 
 250 
 
 00 
 
 42 
 
 00 
 
 30 00 
 
 69 
 
 65 
 
 80 00 
 
 110 
 
 00 
 
 20 00 
 
 8 
 
 00 
 
 9 
 
 60 
 
 237 48 
 
 75 
 
 06 
 
 140 
 
 00 
 
 100 00 
 
 110 
 
 00 
 
 12 
 
 00 
 
 36 
 
 00 
 
 22 
 
 00 
 
 60 00 
 
 96 
 
 00 
 
 48 
 
 00 
 
 36 
 
 00 
 
 25 
 
 00 
 
 25 
 
 00 
 
 148 
 
 40 
 
 4 
 
 50 
 
1858-'9.] Document No. 71. 41 
 
 back porch : 
 2805 feet of framing, $2, 
 
 935 " sheeting and shingling, 
 1870 " flooring, 
 102 " boxing and cornice, 50 cents, 
 294 " railing and bannisters, 50 cents, 
 IS columns and caps, &c, $4, 
 1 stair case, 
 
 1 pair steps of 15 treads and rises, &c, 
 1 pair steps, two treads, 
 925 feet ceiling, $2 
 
 1 door under stairs, 
 294 feet of faice and moulding, 10 cents, 
 0740 " of sheeting and shingling in front house, 2-J 168 50 
 2257 " " " in wing, 2| 
 
 100 " hip shingling, 20 
 62 " valley " ' 20 
 99 " cornice in wing, Iracketted, 24; 
 
 101 " " " plain, 1 
 424 " of gutters, 20 
 
 BACK PORCH : 
 
 2387 " of flooring, 
 2387 " framing, 
 18 columns and caps, 
 
 243 feet of bracketted cornice, 24; 
 
 224 " soffit, 
 1302 " framing, 2 
 
 2452 " extra framing in wing roof, 
 
 Approved, credit their account. 
 
 C. F. F. 
 
 $56 10 
 
 23 37 
 
 74 80 
 
 51 00 
 
 147 00 
 
 72 00 
 
 25 00 
 
 25 00 
 
 100 
 
 18 50 
 
 5 00 
 
 20 40 
 
 168 50 
 
 56 42 
 
 38 00 
 
 12 40 
 
 222 75 
 
 101 00 
 
 84 80 
 
 95 48 
 
 47 74 
 
 780 00 
 
 546 75 
 
 44 84 
 
 30 04 
 
 48 04 
 
 $6,711 OS 
 
42 Document No. 71. [Session 
 
 Estimate Dudley and Ashley — work done at Company* $ 
 Shops : 
 
 Furnishing and laying 308,092 brick, $3,080 92 
 
 Carpenter's work as per bill, 1,934 32 
 
 Total amount store house, $5,015 22 
 
 60,580 brick in one small house, and 
 
 foundation in second, $605 80 
 
 Carpenter's work on 8 small houses as 
 
 per contract, 3,520 00 
 
 Total of small houses, 4,125 80 
 
 150,275 brick in M of M house at $10, $1,502 75 
 Carpenter's bill as per contract, 1,400 00 
 
 Total amount of M of M house, 2,902 75 
 
 Work done by the da3 r up to the 1st of 
 
 June, 1856, $1,459 90 
 
 Work clone by the day up to close of 1 856, 4,555 33 
 Work done on temporary dwellings, 41 40 
 
 Total by the day, 6,056 63 
 
 Account rendered for smoke house, 20 00 
 22,790 brick in chimneys to wood 
 
 buildings, 227 90 
 
 $18,348 30 
 
 Credit account. 
 
 C. F. F. 
 
1858-'9.] Document No. 71. 43 
 
 (No. 8.) 
 
 Raleigh, January 20, 1859. 
 Mr. Jonathan Worth, Chairman, &c : 
 
 Dear Sir : Yours of 19th inst. is before me. Mr. McNight 
 spoke to Mr. Mebane and myself about doing the brick-work 
 of the boarding house, and wished to see the plan and know 
 whether he would have the job, &c. At a time of a meeting 
 of the Board of Directors of the N. C. Railroad, Mr. Mebane 
 and myself went to the office, and informed the President of 
 the fact that Mr. McNight had spoken to us, and we wished 
 to see the plans and give him some answer. In reply, the 
 President merely stated that whenever Mr. McNight wished 
 to see the plan, he might call on him (the President), and get 
 what information he desired, and more in his manner than in 
 his word, let us feel that that was his business, and that he 
 did not wish any interference. The interview was short, and 
 Mr. Mebane and myself determined to have no more to do 
 with the building of the boarding house. I have never been 
 consulted about it, andean give you no infoimation more 
 than you can derive from books, contracts, estimates, &c, on 
 file in the office. 
 
 Respectfully, 
 
 F. FRIES. 
 
44 
 
 Dr. 
 
 Document No. 71 
 
 [Session 
 (No. 
 North-Carolina Company, 
 
 1855. 
 
 Dec'r 31, 
 
 1856. 
 April 29, 
 May 5, 
 June 30, 
 Aug't 30, 
 Oct'r 20, 
 Nov'r 7, 
 
 a a 
 
 1857. 
 Jan'y 10, 
 March 5, 
 18, 
 
 May 
 
 21, 
 
 18, 
 
 22, 
 10, 
 
 July 
 Oct'r 
 Nov'r 21, 
 1858. 
 Jan'y 7, 
 " 30, 
 May 3t, 
 July 15, 
 Nofr 26, 
 Dec'r 25, 
 
 o Cash, 
 do., 
 
 do., 
 
 do., 
 
 do., 
 
 do., 
 
 do., 
 
 do., 
 
 Paid McCalla, per order, 
 
 Cash, 
 
 do., 
 
 Paid Judge Puffin, 
 Cash, , 
 
 do., 
 
 Paid Holt, Mury & Co., 
 Cash, 
 
 do., 
 
 do., , 
 
 do., 
 
 do., 
 
 do., 
 
 do., 
 
 do., 
 
 do., account shops, 
 
 Bill lumber sold, 
 
 To balance, 
 
 70000 
 1,00000 
 
 340:00 
 
 300 
 200 
 200 
 200 
 300 
 63 
 
 500 
 
 1,000 
 
 107 
 
 500 
 
 500 
 
 4 
 
 800 
 
 1,000 
 
 410 
 
 500 
 
 1,500 
 
 800 
 
 1,000 
 
 500 
 
 5 
 
 42 
 
 12,473 
 
 3,477 
 
 $ 16,550 
 
 00 
 00 
 00 
 00 
 00 
 33 
 
 00 
 00 
 50 
 00 
 00 
 59 
 00 
 00 
 00 
 
 00 
 00 
 00 
 00 
 00 
 50 
 75 
 
 67 
 11 
 
 78 
 
185S-'9.] Document No. 71. 
 
 3.) 
 
 m aceoimt with James G. Moore. 
 
 45 
 
 Cr. 
 
 1855. 
 
 Nov. 
 
 1856. 
 Jan'y 1, 
 May 3, 
 June 30, 
 
 1858. 
 Dec'r 1, 
 
 1859. 
 Jan'y 1, 
 
 By estimate of work at shops, . . . 
 
 " do., Sills, 
 
 " do., Work at shops, 
 
 " do. do. do., 
 
 " do. do., in 1856-7, . . . 
 
 " do. do., 1st Sept'r 1856, 
 
 " do., Screws and Locks, . . . 
 
 " do., at shops in 1856, 
 
 " do., account for wells in '56, 
 
 " do., Glass, 
 
 " do., work at shops, 
 
 u do., table furniture, 
 
 " do., cleaning wells in 1856-'7 
 
 " do., work at shops 6 mo's '57, 
 
 " do. do. do. do. 
 
 " do., account for board, . 
 
 " do., for yard hands, 6 mo's, 
 
 " do. do. do. do., 
 
 " do., for board 1856-'7, . . 
 
 By balance brought down, 
 
 78 
 
 $ 3,477 
 
 11 
 
46 
 
 Document No. 71. 
 
 (No. 10.) 
 
 [Session 
 
 North- Carolina Railroad Company in account with Jas. G. 
 Moore, from January 1st to June 30th, 1857 : 
 
 To 150 days 
 
 work 
 
 by W. B. Adams 
 
 $1.00 ! 
 
 £150 00 
 
 " 32 
 
 U 
 
 Jacob Summers, 1.00 
 
 32 00 
 
 " 155 
 
 a 
 
 Tilla, 
 
 50 
 
 77 50 
 
 " 35| 
 
 a 
 
 W. Stagg, 
 
 1.00 
 
 35 75 
 
 " 32 
 
 a 
 
 Alfred, 
 
 1.00 
 
 32 00 
 
 "133 
 
 a 
 
 Sandy, 
 
 1.00 
 
 133 00 
 
 " 77i 
 
 « 
 
 Carter, 
 
 1.00 
 
 77 25 
 
 " 153 
 
 a 
 
 Greene, 
 
 1.00 
 
 153 00 
 
 " 109 
 
 « 
 
 W. Lackey, 
 
 1.00 
 
 109 00 
 
 " 94 
 
 u 
 
 T. Bevans, 
 
 1.00 
 
 94 00 
 
 " 40^ 
 
 a 
 
 J. Bevans, 
 
 1.00 
 
 40 50 
 
 " 1291 
 
 a 
 
 Spencer, 
 
 1.00 
 
 129 25 
 
 11 150| 
 
 a 
 
 Hauling, own wagon, 
 
 376 87 
 
 " 22 
 
 a 
 
 Different men 
 and then,) 
 
 (a day now 
 
 22 00 
 
 » 7 
 
 u 
 
 Hauling by G. 
 
 Andrews, 
 
 17 50 
 
 " 3£ 
 
 a 
 
 W. A. Kilpatrick 2 horses, 
 
 8 75 
 
 " 10 
 
 a 
 
 K 
 
 4 " 
 
 50 00 
 
 " 7 
 
 u 
 
 « 
 
 3 " 
 
 21 00 
 
 " 2 
 
 C( 
 
 W. Steele, 
 
 2 " 
 
 5 00 
 
 " 70| 
 
 a 
 
 W. H. Moore, 
 
 2 " 
 
 176 87 
 
 " 7 
 
 it 
 
 « 
 
 4 " 
 
 35 00 
 
 " 1 
 
 u 
 
 C( 
 
 3 " 
 
 3 00 
 
 " 47* 
 
 a 
 
 Stagg, dump cart, 
 
 71 25 
 
 " 1H 
 
 a 
 
 Jacob Adams, 
 
 > 
 
 11 50 
 
 " 41 
 
 a 
 
 J. Weaver, 
 
 
 41 50 
 
 " 10 
 
 a 
 
 Two (2) horse 
 
 plough, 
 
 25 00 
 
 a l 
 *2 
 
 a 
 
 One (1) ' 
 
 t 
 
 62 
 
 " 38i 
 
 a 
 
 J. Fruitt, 
 
 50 
 
 19 25 
 
 " 6 
 
 
 Months for self 
 
 
 234 00 
 
 " 28^ 
 
 u 
 
 Strayhorn, Grosston and 
 
 
 
 
 others, time on 
 
 time book, 
 
 28 50 
 
 
 $2,210 86 
 
 Credit his 
 
 accout 
 
 — charge shops constructor. 
 
 
 
 
 
 C. F. ¥., Pres. 
 
lS5S-'9.] Document No. 71. 47 
 
 Account for June, 1857 : 
 To Furnishing timber, making and delivering at 
 
 wood shed 25,500 of 2 ft. shaved boards, $178 50 
 
 " 2 pair pants for Nat, hire by Co. of Dr. P. A. 
 
 Holt, 3 00 
 
 " 2 shirts 1.50, 1 pair shoes from Worth 1.80, 3 30 
 
 " Cash piad for taking up thump out of founda- 
 tion, 9 1 00 
 " Getting and delivering 30 large rock for wood 
 
 shed, 10 00 
 
 " 37 pieces timber 8 + 8, 18 feet long for engine 
 
 shed, 40 14 80 
 
 " Getting 25 10 feet sills, 30 7 50 
 
 " 4 candles from Worth to salt pork, 24 
 
 1858 
 To 1 keg white lead from McRae's, order of C. 
 
 F. F., 3 00 
 
 " Cash paid negroes for watching plank, 3 00 
 
 " " P. E. Harden for plaster for foundry, 2 00 
 
 #226 34 
 Credit his account. 
 
 C. F. F.. Pres. 
 
 Account fob October : 
 
 To 1504; days work by men, $150 25 
 
 27 " " Cook, 13 50 
 
 27 " Sup. self, 40 50 
 
 30 " "With two horse wagons, 75 00 
 
 6 " Dump cart, 9 00 
 
 10 " Topping trees, 15 00 
 
 9 " Hewing timber, 13 5o 
 
 Account for November : 
 
 To 179 days work by men, $179 00 
 
 "25 " Cook, 12 50 
 
48 Document No. 71. [Session 
 
 " 40^ days work, Two horse wagons, $100 62 
 
 " 13£ " Hewing timber, 20 25 
 
 ■« 25 " Sup. Self, 37 50 
 
 Account fok December : 
 To 256f days work by men, $256 75 
 
 7 50 
 10 50 
 40 50 
 80 00 
 10 50 
 10 00 
 
 8 62 
 
 u 
 
 5 
 
 a 
 
 hewing posts, 
 
 (( 
 
 21 
 
 cc 
 
 by Cook, 
 
 a 
 
 27 
 
 « 
 
 by self, super., 
 
 a 
 
 32 
 
 cc 
 
 by two-horse wagoD, 
 
 a 
 
 3 
 
 it 
 
 by three " 
 
 « 
 
 2 
 
 a 
 
 by four " 
 
 a 
 
 5f 
 
 a 
 
 by dump cart, 
 
 Credit his account — charge shops construction. 
 
 $2,208 11 
 
 C. F. F., Pres. 
 
 Account fok July : 
 
 To 134| days work, by men, $ 134 75 
 
 " 27 " " " Cook, 13 50 
 
 " 24 " " " Hauling with 2 horse wagon, 66 25 
 
 » 27 " Supr. for self, 40 50 
 
 « 20 " " " Boys, 15 00 
 
 " 3£ " " " With Dump Cart, 5 25 
 
 " 2 " " " One horse wagon, 3 00 
 
 Account fok August : 
 
 To 172£ days work by men, $172 25 
 
 « 26 " " " Cook, 13 00 
 
 « 26 " " Supr. for* self, 39 00 
 
 « 45 " " With two horse wagon, 112 50 
 
 « 43f " " With Dump Cart, " 65 62 
 
 " 5£ " " One horse wagon, 8 25 
 
 « 17 " " Topping trees, 25 50 
 
199 75 
 
 13 00 
 
 8125 
 
 39 00 
 
 45 00 
 
 24 75 
 
 185S-'9.] Document, No. 71. 49 
 
 Account fok September : 
 To 199f days work by men, 
 26 " " " Cook, 
 32£ " " Two horse wagons, 
 
 26 " " Supr. for self, 
 
 30 " " Dump. Cart, 
 
 16£ " " Topping trees, 
 
 $1,117 12 
 
 From 1856 to December, 1858: 
 To furnishing material, digging and walling 10 
 feet diameter, well timber taken out and 22 
 feet head water given, 52£ feet deep, at $22, $1,155 00 
 To furnishing material and digging well on 
 
 Robert's Lot, 75 00 
 
 To furnishing material and digging well on Board- 
 ing house Lot, 75 00 
 To furnisning " " " Capt. Allen's Lot, 75 00 
 To « " " " Supt. house " .75 00 
 To " " " " Hotel Lot, 75 00 
 To furnishing rock, lime, sand and labor, build 
 
 44f yards rock under tank, 111 25 
 
 To cash paid G. Andrews, for digging 1,432 feet 
 
 ditch, 2£ feet, . 35 77 
 
 To cash paid W. A. Kirkpatrick, for four large 
 
 stone for foundry, 1 00 
 
 To cash paid for 18 scrub-brooms for shops, 2 70 
 
 To furnishing material and digging 7 feet square 
 well, and taking out all timber, 22 feet head 
 water, $7 per foot, 322 00 
 
 $ 2,002 72 
 Credit his account. C. F. F., Preit. 
 
 4 
 
50 
 
 Document No. 71. 
 (No. 11.) 
 
 [Session 
 
 Indebtedness of Agents on Worth- Carolina Railroad at the end 
 of the month of December^ 1858 : 
 
 Charlotte, 
 
 Harrisburg, 
 
 Concord, 
 
 Salisbury, 
 
 Holtsburg, 
 
 Lexington, 
 
 Thomasville 
 
 High Point, 
 
 Jamestown, 
 
 Greensboro' 
 
 McLean's, 
 
 Gibsonville, 
 
 Co's. Shops, 
 
 Graham, 
 
 Haw River, 
 
 Mebanes', 
 
 Hillsboro', 
 
 Durham's 
 
 Morrisville, 
 
 Raleigh, 
 cc 
 
 Stallings', 
 Smithfield, 
 Boon Hill, 
 Carey's P.O. 
 Golds! >oro', 
 
 A. W. Welch, Agt. 
 Wm. Johnston, " 
 Jno. C. Young, " 
 Jno. A. Weirman, " 
 Steph. Roberts, " 
 W". B. Dnsenbury, " 
 L. L. Thomas, " 
 
 A. V. Sullivan, " 
 W. H. Reece, " 
 J. B. Balsley, " 
 Jas. M. McLean, " 
 G. M. Isely, " 
 D. M. Worth, " 
 James S. Scott, " 
 
 B. Y. McAden, " 
 S. A. White, " 
 J. D. Cameron, " 
 
 F. A. Stagg, " 
 
 C. P. Wilder, " 
 
 G. D. Hardie, Frt. " 
 J. T. West, Tic't. " 
 L. P. Phillips, 
 H. Millander, " 
 Wiley Hastings, " 
 A. F. Page, ' " 
 J. B. Griswold, " 
 
 Balance due from Agents now out 
 
 of office : 
 Smithfield, R. Fulghum, 
 Goldsboro', W. H. Woodard, 
 Haw River, R. W. Hamlet, (no 
 
 bond,) 
 
 DATE OF 
 BONDS. 
 
 PENAL 
 TV. 
 
 May 15, '58 
 Jan. 1, '59 
 Apr. 11, '56 
 May, 1858, 
 
 no bond. 
 
 no bond. 
 Sept. 1, '57 
 Sept. 1, '57 
 Sept. 1, '57 
 Apr. 29, '56 
 Oct. 14, '57 
 Jim. 17, '58 
 Sept. 1, '57 
 Sept. 1, '57 
 
 Jan. 1859. 
 May 31, '58 
 Sept. 1, '57 
 Apr. 21, '56 
 Oct. 6, '57 
 Aug. 1858, 
 May 1858 
 Jury 1857, 
 Aug. 2, '56 
 Apr. 17, '55 
 
 no bond. 
 Oct. 23, '58 
 
 $3,000 
 
 1,000 
 2,000 
 3,000 
 
 2,000 
 3,000 
 1,000 
 2,000 
 1,000 
 1,000 
 3,00v 
 2,000 
 1,000 
 1,000 
 3,000 
 1.000 
 1,000 
 2,000 
 3,000 
 1,000 
 1,000 
 300 
 
 3,000 
 
 300 
 3.000 
 
 AMOUNT 
 DUE. 
 
 2,029.24 
 
 37.53 
 
 293.68 
 
 7,044.93 
 
 320.19 
 
 37.49 
 
 180.61 
 
 560.34 
 
 000.00 
 
 462.42 
 
 60.77 
 
 07 
 
 00 
 
 122.70 
 
 51.18 
 
 523.36 
 
 241.68 
 
 00 
 
 275.70 
 
 1,697.06 
 
 5,023.56 
 
 814.40 
 
 750.50 
 
 282.55 
 
 112.72 
 
 2,601.18 
 
 1,018.19 
 
 5,279.62: 
 
 825.80* 
 
lS5S-'9.] 
 
 Document No. 71. 
 
 51 
 
 (No. 12.) 
 
 TABULAR STATEMENT 
 
 Showing names of Directors each year — distinguishing thoss 
 appointed by the stockholders and the State — with number of 
 shares of stock owned by each at the time of his appoint- 
 ment^ and amount received by each one since the road was 
 
 Jinu-hed, so that he could travel free and expeditiously to the 
 
 place of meeting : 
 
 1850. 
 
 NO. 
 
 1852. 
 
 
 
 SIIAHES 
 
 40 
 
 
 SHARES 
 
 
 'Win. C. Means, 
 
 
 ' Means, 
 
 40 
 
 
 Jno. I. Shaver, 
 
 106 
 
 
 Ellis, 
 
 6 
 
 OD 
 
 Jno. B. Lord, 
 
 106 
 
 CO 
 
 Davis, 
 
 20' 
 
 M 
 
 w 
 
 F. Fries, 
 
 80 
 
 
 T. J. WilsOn, (Salem Co.) 
 
 245. 
 
 p 
 
 J. W. Thomas, 
 
 81 
 
 P 
 
 Thomas, 
 
 81 
 
 W j 
 
 J. M. Morehead, 
 
 180 
 
 C 
 
 Morehead, 
 
 180- 
 
 3 ■ 
 
 Jno. A. Gilmer, 
 
 81 
 
 o 
 
 Jones, 
 
 40 
 
 o 
 
 Benj. Trolfnger, 
 
 20 
 
 o 
 
 Holt, 
 
 20 
 
 CD 
 
 Wm. A. Graham, 
 
 40 
 
 03 
 
 Saunders, 
 
 80 
 
 P" 1 
 
 It. M. Saunders, 
 
 80 
 
 
 Jerkins, 
 
 116 
 
 
 A. J. DeRossett, 
 
 150 
 
 
 Hill, 
 
 50 
 
 » 
 
 L iY. T. Jerkins, 
 
 116 
 
 
 Gilmer, 
 
 81 
 
 
 1,0S0 
 
 
 959 
 
 1851. 
 
 
 1853. 
 
 
 f W. C. Means, 
 
 40 
 
 
 r W. H. Washington 
 
 20 
 
 Jno. W. Ellis, 
 
 6 
 
 
 W. T. Dortch, 
 
 00 
 
 03 
 
 D. A. Davis, 
 
 20 
 
 a 
 
 Samuel Hargrave, 
 
 20 
 
 
 F. Fries, 
 
 SO 
 
 
 Robert Strange, 
 
 00 
 
 P 
 
 J. W. Thomas, 
 
 81 
 
 S. F. Phillips, 
 
 ,5 
 
 o 
 
 J. M. Morehead, 
 
 ISO 
 
 !* 
 
 n 
 
 N. G. Rand, 
 
 2 
 
 Jno. A. Gilmer, 
 
 81 
 
 
 R. P. Dick, 
 
 5 
 
 H 
 
 Cad. J< tries, 
 
 40 
 
 
 , C. F. Fisher, 
 
 10 
 
 <J2 
 
 E M Holt 
 
 20 
 
 so 
 
 
 
 pq 
 
 i .. • j. *.. • i i ' ii , 
 
 R. M. Saunders, 
 
 
 62 
 
 
 F. J. Hill, 
 
 50 
 
 
 
 
 A. T. Jerkins, 
 
 116 
 
 k> 
 
 f Fries, 
 
 80 
 
 
 
 
 Hill, 
 Davis, 
 
 50 
 20 
 
 
 794 
 
 1^ 
 
 
 
 
 Morehead, 
 
 180 
 
 
 
 
 
 
 330 
 
52 Document No. 71. [Session 
 
 TABULAR STATEMENT.— [Continued. j 
 
 1854. 
 
 NO. 
 
 SHAKES 
 
 
 1855. 
 
 NO. 
 
 SHAKES 
 
 
 f Fisher, 
 
 10 
 
 
 P. C. Cameron, 
 
 33 
 
 
 Strange, 
 
 1 
 
 
 Giles Mebane, 
 
 48 
 
 IT 
 
 Rand, 
 
 2 
 
 13 
 
 Bellamy, 
 
 5 
 
 < 
 
 H - 
 
 00 
 
 Dick, 
 
 5 
 
 < 
 
 CO 
 
 Dortch, 
 
 20 
 
 Jno. Berry, 
 
 
 
 Hawkins, 
 
 92 
 
 
 G. S. Stevenson, 
 
 
 
 lh 
 
 Shaver, 
 
 314 
 
 
 Hargrave, 
 
 20 
 
 
 Dick, 
 
 12 
 
 [ Dortch, 
 
 20 
 
 
 Hargrave, 
 
 20 
 
 
 58 
 
 544 
 
 M f Fries, 
 
 114 
 
 M 
 
 f Fisher, 
 
 10 
 
 | 1 0. Phifer, 
 
 23 
 
 o 
 
 o 
 
 Fries, 
 
 114 
 
 m ] Saunders, 
 
 50 
 
 
 Saunders, 
 
 20 
 
 £ [Morehead, 
 
 88 
 
 
 [A. Hcllae & Co., 
 
 885 
 
 
 
 275 
 
 
 
 1,029 
 
 1856 
 
 NO. 
 
 AMOUNT 
 
 Ino.days 
 
 SHARES 
 
 RECEIVED. 
 
 SERVICE. 
 
 
 pick, 
 
 12 
 
 $ 84 40 
 
 8 
 
 
 Mebane, 
 
 48 
 
 64 90 
 
 8 
 
 i 
 
 Cameron, 
 
 38 
 
 40 90 
 
 7 
 
 Hawkins, 
 
 92 
 
 112 00 
 
 8 
 
 m ' Shaver, 
 
 314 
 
 118 40 
 
 7 
 
 
 Hargrave, 
 
 20 
 
 105 00 
 
 8 
 
 
 Bellamy, 
 
 5 
 
 129 80 
 
 6 
 
 
 Dortch, 
 
 20 
 
 86 60 
 
 5 
 
 
 549 
 
 
 W ["Fisher, 
 
 108 
 
 
 
 o j Fries, 
 
 114 i 
 
 110 00 
 
 8 
 
 S i Saunders, 
 
 20 | 
 
 74 40 
 
 4 
 
 
 tMcRae&Co., 
 
 885 j 
 
 78 40 
 
 2 
 
1858-'9.] 
 
 Document No. 71. 
 
 53 
 
 TABULAR STATEMENT.— [Continued.] 
 
 iss; 
 
 < 
 
 Cameron, 
 
 Mebane, 
 
 Bellamy, 
 
 Dortcli, 
 
 Hawkins, 
 
 Shaver, 
 
 Dick, 
 
 Hargrave, 
 
 , ; f Fisher, 
 o I Saunders, 
 h -I Fries, 
 ^ I Gorrell, 
 « LMcRae, 
 
 1858. 
 D. M. Barringer. 
 
 Cameron, 
 Bellamy, 
 Dortcli, 
 1 <j Dick, 
 
 Hargrave, 
 Mebane, 
 Hawkins, 
 .Shaver, 
 
 'Gorrell, 
 
 Saunders, 
 i Fisher, 
 
 Alexander McRae, 
 
 Fries, 
 
 1,147 
 
 549 
 
 AMOUNT 
 RECEIVED. 
 
 61 GO 
 
 39 30 
 169 80 
 124 00 
 110 40 
 
 71 20 
 
 40 00 
 
 41 SO 
 
 73 10 
 
 89 60 
 
 21 00 
 
 180 60 
 
 3^ 00 
 
 15 20 
 
 111 20 
 
 m oo 
 
 31 40 
 
 60 00 
 
 12 00 
 
 40 00 
 
 75 So 
 
 NO. DAYS 
 SERVICE. 
 
 38 40 i 
 
 7 
 
 as oo ! 
 
 1 
 
 7 
 
 132 40 
 
 4 
 
 38 40 ! 
 
 4 
 
 II 1,165 
 
 No. of days bv all, in 1856— 71 ; amount paid— $1,004 80 
 
 " " " " « 1857—71 ; " " 1,028 40 
 
 " " " 1858—69; " " 726 80 
 
54 
 
 Document No. 71. 
 (No. 13.) 
 
 [Session 
 
 Western North- Carolina Railroad Company 
 
 In account vjith North-Carolina Railroad Company : 
 
 Dr. 
 
 1857. 
 June 30, 
 Aug. 14, 
 Dec'r. 2, 
 1858. 
 Jan'v 19, 
 
 July 1, 
 1, 
 
 Aug-. 
 
 Sept. 
 
 Nov. 26 
 
 Dec. 31, 
 
 To fre't at Salisbury station, 
 " do. do. 
 
 « do. do. 
 
 " 22 cords wood, 
 " Transporting 2 engines 
 from Goldsboro' to Salis- 
 bury, 
 " Ain't paid Richardson for 
 
 S. J. Watson, 
 " Transporting 1010 tons 
 
 iron, 
 " L. S. Aldrich's order on 
 J. C. Tnrnei-, p cli'f eng'r, 
 " Transporting' materials, 
 " Work at shops in 1857, 
 " do. do. 1858, 
 
 " Fre't at Salisbury staliou, 
 " do. do. in June, 
 " Paid Tunstall & Dor on 
 
 joint passenger shed, 
 " Transporting two (2) en- 
 gines from Goldsboro' to 
 Salisbury, 
 " Transporting 2 passenger 
 cars from Goldsboro' to 
 Salisbury, 
 " Freight at Salisbury in 
 July, 
 
 Ditto, Agust, 
 Ditto, September, 
 Ditto, October, 
 Ditto, November, 
 " 500 sills in April, 
 u Work at shops to date, 
 
 $ 1,S69.41 
 201.29 
 654.41 
 
 
 40.00 
 
 
 90.00 
 
 
 180.08 
 
 
 2,626.00 
 
 
 2,800.00 
 
 3,000.00 
 
 28.37 
 
 406.81 
 
 277.72 
 
 4,251.26 
 
 
 200.00 
 
 
 ! 90.00 
 
 
 60.00 
 
 
 378.69 
 
 505.86 
 
 1,137.98 
 
 481.54 
 
 255.88 
 
 200.00 
 
 1,508.33 
 
 
 $ 21,243.63 
 
 
1S5S-9.] 
 
 Document, ISTo. 71. 
 Xo. 13. — [Continued.] 
 
 55 
 
 1857 
 Dec. 31, 
 
 Dec. 31, 
 
 " Back charges of freight 
 turned over at Salisbury 
 to date, 
 
 Ci 
 
 By casli in Sept., '57 on ac't. $ 2,000.00 
 To freight received at Salis- 
 bury station to date, 
 
 Balance dne 1st Jan'y, 1S59, 
 
 .$ 21,600.81 
 
UNIVERSITY OF N.C. AT CHAPEL HILL 
 
 00023514065 
 
 This book may be kept out one month unless a recall 
 notice is sent to you. It must be brought to the North 
 Carolina Collection (in Wilson Library) for renewal. 
 
 Form No. A-369