The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1839-01-03

capital being increased BY this lnsn. viii
make . suIn sufficient 10 eomplele The
work. larking between one and I~o hum
dred Thousand dollars.
?. They have recommended The i'm
mediate payment Of The STATS Ilh quar-
ter ri subscription % The Wilmington and
Raleigh Rad Read Company, sl50. 900.
.. They have recommended the apen-
ing ri Roanoke Inlel. The cost 81 this
work las been sariously estimated. n.
Fulton. in 1919 and 1890. surveyed and
estimated the weak. and reported 10 the
board of internal Improvements that. II
done in The best manner. With stone, the
expenditure would be s2.363. 900.
u done with wood. the expenditure
would be I.2O6 400.
IL 10 slated 10 your committee, that this
work has been estimated by the United
States Engineer Al much LEES, u vii, lor
about 100000.
The repnrl af Mr.. Fulton is herewith
filed: that o( Mr.. lische. the olller engi-
neer. Is nut IN possession of your com.
milIee. NOR IN their immediate control.
4. They have recommended the con-
slTurtI"n 81 . rail rosd fran Braulor ilar-
hour To iniersect the wilming ton aud Ra.
leigh rail road. Your committee have
had no surrey and estimates 10 refer 20.
but il is eonjrcIuTed that such rail way
~Ill cost ons million ar one million and
half of dollars. II may be more or less;
for IL 10 impossible 10 arrive al any salts
factory certainly. upon mere conjecture.
The committee. however, put il as sbose
stated. Al The sun OF $1,000. 900 or 81,
100000.
5 They have also recommended the
construction Of q rail way from Ysdkin
river ~ sumo poiut on the Cape Fear a
or near Fayetteville. This work will
cost s2.O0O.OOO
Major Mcneil. me Of the first engi-
nesrs in the United States. has lately eur.
seysd Ihrs route. and estimated tie cost
of the work. That report d Fow in the
convention. Much confidence is To be
placed IN II. and he values The cost Al twa
millions. II the work be done IN the best
naantr. and with durable materials, aud
aiIirms IL is she beet economy To- adopt
that mode &c construction al tie outset.
The committee have taken aud teport his
highest estimate, believing that it is the
safest plan.
The aggregate casI NJ these, aud the
proportions IN each which IL j. proposed
Ia advise the state ~ take. may be easily
ascrrIained BY each member for himself.
The following works are recommend.
ed By the committee Of thirteen BY the
designation Of minor works. 10 wiz
I. A r.il road IRON Raleigh and Fay.
euesIlle. We conjecture that il would
cost al leas. 81. 20O,OOO.
2. A rail rnad from Waynesboroueh 10
Raleigh. We conjrrIure ,ha, IL would
cost al least 81. 0OO. 900.
A survey II Ncuse river. Probable
cost about IS 600.
The coniniuee report the following
statement Of the stock. aud fun'ls belong.
ing 10 the state. The general correctness
Of IL may be relied on; though in so shor,
lime ii is impossible 10 make it precise
ly accurate.
STOCKS.
The State owns in Bank nj The State, $500, 0Ot
Bank Of Cape fes, $50 7Ot
Buncon,be Ton. Co. 3,OOt
Rosnoke Nav. Co. 5O,OVt
rane Fear Nav In ~ slff
OTHER FUNDS.
Notes Of individuals Ior money loaned, sI4s, 0Ol
Cash, s,OO'
This fund is in charge Of The in,srna
improvement board. and siEo 900 Of n i,
appropriated by an act " 1896 to pay III,
balance 81 state subsc; ,pIion 10 Whining
ton and Raleigh Rail Road Company.
Notes Of Individuals Tor money loaned s27I. 90
Cash, 81 90
These funds are in charge Of The boar,
Of literature. and sl9l. 900. psrt thereof
are appropriated BY ,he act ~ 1886 u
drain swamp Lan.ls, for which contracts
are made.
Bonts, &c. for Cherokee land sales o
1898. S330,0O0.
! OF dis SUN one eighth 10 due and pal,
now; one eighth is due in one year; on.
i fourth in two wears; one inurlh in ,hre'
years; one fourth in four years.
Bonds and interest for Cherokee land
sold belure lS3s--balance abou, s2O. ZOO
The cash balances IN public tressur,
are not inciuded in The above. 40 they ar
j probably M, greater Than the current ex
pensrs Of the state will be.
| There is also The Alb quarter Of the'sur
plus money, 10 be deposited under the &C
uf Congress. The amount of this 4iI
! quarter il si77,9lg 10.
] VIVA, is the probability Of this sum be
ing paid into the stale treasury. an
+ when, The commiliee have not been re
quired 10 report.
|. Respectfully submitted,
/ WILL. II. HAYWOOD, Cam
i On motion Of Mr.. w. ID. Shepard. Oh
4 cnn enfton IN ant .,t,, q rn,,. iftea NJ IN