The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1843-01-26

and 10 Report the names of the borrowers to
this House, aud in full Gn all the subjects con
templutec,7 haze discharged the du,y, aud as..
leave 10
REPORT:
That, heretofore, they have obtained
list Of the debtors TO said Boards, from
His Execleucy, and submitted the same !
to the House, Inch has been printed and, |
in pursuance of the duty imposed by the /
other branch Of tie Resolution, they have |
carefully examined and compared the
books, which have been regularly kept by
the Governor, aud each and every bond
specifically, and find them to correspond
withthe statements heretofore furnished by
( the Governor, and printed.
The testimony OF David W. Stone, Esq,
taken before the Committee, satisfies them
that the statement G, heretofore submit
ted, is correct list Of notes delivered to
Governor Morehead by his predecessor;
and upon his evidence, and others, which
was perfectly satisfactory, the Committee
have no doubt that all the bonds now due,
to both Boards, are well secured and al
though some OF the principals are doubtful,
/ vet, the securities place the bonds beyond
exception; and that nothing has been lost,
/ bv either Of SAID boards, since their organ
zation, IN 1887.
The Committee have also examined the
{ Treasuror's receipts, taken by the Boards,
and find them all correct and since Gov.
( Morehcads administration (heyond which
they did mol OH this particular cnquiry,i
the moneys received by the Boards have
been promptly paid over 10 the Treasurer,
or deposited in Bank.
The Committee have also examined the
Rail Road bonds, in which portion of the
Literary Fund has been HreSftd they
find that the Board, in ls40, invested IN
the bonds of the Wilmington and Raleigh
Rail Road Company, under their corporate
seal, 5000, due in lSi5, and S2J 900,
due in 1850 for the security Of which,
with some other debts, deed in trust, IN
: September 1910, was executed by the
Company, conveying all the property then
owned bv the Company. The Committee
are informed that the other debts secured
in said deed are paid off, and that the prop
erty conveyed is amply sufficient TO secure
the bonds. The interest thereon is paid
{ up to the lst January, lS42. That, since
ls40, $4,000 has been invested in tht
Bonds of said Company, endorsed by tht
$ State, and due in ls47. That $4,000
D were invested in 1910, in The bo1cs of thu
, Raleigh and Castor Rail Road Company
endorsed by the State, and since 1910
$4,000 of said bonds, due from ls45 to
1852.
The Committee ascertain that the Lite
rary Board was organized by Governor
: Dudley, President ex-otficio, On Feb. 1G,
1887, by the appointment OF Ebenezer Pet
tigrew, David w Stone, and Alfred Jones,
Esqs.; that on the next day, Mr.. Jones
having declined, Charles Manly, Esq. was
; appointed in his place. That on May 80
1887, Mr.. Pettigrew having declined, VIM
A. Blount, ESQ. was appointed in his place
That on Feb. Is, 1889, aud on Feb, 10
1871, Messrs. Bluunt, Stone, and ManiJ
were re-appoinlcd. That MIR. Blount de
; clinod, upon his re-appoinimcnt by Gov
Morehead, in 1s4l, and, in April, lo4l
: Governor Dudley was appointed IN his
/ place. That Mr.. Stone resigned on June
is4l, and Weston K. Gales, Esq. was ap
pointed in his place and the Board no"
: consists of Governor Morehoadand Messrs
!. Dudley, Manly, and Gales.
In 1897 and s3S, the Internal Improve
nent Board consisted of Governor Dudley
: Messrs. c. Jones, and VIM. d. MoSeley
s In 1889, Mr.. c. P. Mallett was appointed
in The place Of Mr.. Moseley, and so III
Board continued for 1870. In Feb, ls4l
Governor Morehead appointed Messrs. [
lie Jones, and Governor Dudley. In APrl
re lsll, Governor Dudley resigned, and tn
'. vacancy remained for that year; and,
1912, The board was composed and no.
consists of Governor Morehead, Messr:
c. Jones, Sr. aud Jesse Harper.
The Committee, 10 conclusion, tax
pleasure in stating, that the Governor al
re iorded to the Committee every facility an
re aid necessary, and in his power, for tn
S. satisfactory discharge of the duty impose
on them. The Committee ask 10 be dI;
charged from the further consideration
the subject.
All Of which are respectfully submitted
60 ASA BiGGS, Chairman.
1914