The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1846-11-26


hsRrsssa - whigh il @hy te "A ere 80
ssFsfA. A. n rah . - Pc. ssafd. thst
NE Ste. sa.haafa sblsSs % paY i tsfssl
A. he aess 'ims. sd s500.Io0 firm.
<insl ID 1864. - thsseaftsr. ss..il hare
~ resrrss % thsss Shlsgsslans gEll IL
ssas ds.ssnT perai. Tas Ia. 4 - tfas
rerdsss &c DIR irmdrspshle. uasil shra
tine. % ave h raptslist sssusaars ii .
laag losa AL thsrsbF - snhshss ghs -
Isslsf he sinsk. Bst af,sT szhsrs,iag
ihs rensdy BY nar,EsEr. ssd il hsiAg de-
.mors'ra'iss'y essiain ihsa large k.laEse
even Of Irinsipsi, eusi bs paia by he
Ssa,e. Isss Ioshiag shsrh nqtiIss DELAY
In sIagting say part a. he inlennisy a.
pUlaed. Shosh shsss suggestions meet
ycsr eonrurTsnce, yoa oil Il eaDfss give
ne eorvsspendirg tiFee lens n The Lac
siL-er, Of he Sssie. Ho1 nseh may Be
rsalz~d. sisksr irDs ihe iEesms o. rr-ssis
81 he Raj Road, - ffcn re siAbiliaiss
lsstssh RED .. i - yeg uareflsia. In
sdvisH'g. therefore, hui teDpcssry pre-
slsisrs Tor sx'rs isxsiion. an infufns~d
~ Tie coRsldsEstior, thai possibly IL nay
nsi lorgsr Re required. rather 1hsn by The
Tear Of any asfssiSp Of crr eensitusnissto
cohtrsbnts ~hsteyer r-sy be n.sJsd 10 re-.
deem the public obiigsiopF, bossser in-
rau.ietsly Or unfortunately entered ito.
TIE odsous deeirsse thsI SlsIe nav re-
foss'"r rosGroae The fo'iiimenl Of eantrscis
guaranteed BY her public faith and sore.
rsisn honor. has m resting plass in all
our borders. ard an ysitl hcsr Ct sin
&c exception 10 ibe unsniaaiiy of our
people upan Ibis ssejeei.
Legal proceedings were Instituted f,.r
the fsrsel"sura ofsths Mortgages. m III
ihs property hf The Rslsigh md Gss,ns
Rail ROsd Company. ~ Spring tern.
1915, Of The Cont Of Equi'y nf Wske
County. - directed by The At Of the LAST
Session. Bot owing 10 The re,isanc
made hy the Company and tie aecsion
nf he Superior Cruri in their favor, an
aprssi ans rendered necessary 10 lie
SaIreme Court, spJ ibe decree Of iou clio.
siFe wss postponed until The Auiuma Term
Of that year. A sale under this deere
vas raie on The 20lh NJ December E,l-
losing. and the Rail Road. sns all other
property Of the Company. was purchased
BY he Stair. on The bid OF The Governor.
81 The sum II 1868 900. The amount ar
tho'Izel by IRE sci aforesaid. Possessiop
was ssken On the first &c Jsnaary, 1916,
- The Boarj Il Comnis.iofsu cons,i,r.
ted by The Act in the ereGt OF such n..
chase. and officers aud sgsrm SIRE Tp.
pointed 10 msnsge and conduct The OBJ
efsiIans on the read, a. The properly Of
The State. A report Of their retirn thu. |
Lr. III be l'id before you ty T.. Board |
IN few days. embracing the r.anuents
Of The President and Treasure; sps the
jrutnsi Of the Com ~ issicpsrs, a. vtll %
ell the vouchers and bsoks Of gscrunt If
there cfiiceIs. sill b a tay tine res TO
your inspection. Upos ,hs scLeuuetion
q ven - 49, I-- W sAs = -xui.s, 49,
patti Of lhs former esTnings Il tee Fail
Road secured 10 The S,ts. BY iscree Of
sequesnaiioD sgsinsfihs Cor psny, could
20 into ihs hands 81 lbs Con- nsssionsrs:
sDd die rum Ct W 600 sssruirg rem Ina,
source bas Ases therefore p.id ihto ,he
Pebble Treasury. h will thus -es per-
crived. that 20 support the operations OF
the Rosd in oil ito departments. here YES
to be no other reliance than from i,s oxn
receipts, from end alter The Gre, Of Jsnua-
ty'las,. .~@z.s. 49,. ~ ~
The experiment 10 ibis time. removes
al doubts Of the sbiliiy Of the Road 70
spsisin itself, il we'll conducted. 50 ihs.
lis advantsgss sill still be eoniioued To The /
peosls cf The State, and encourages The
b,llef, that sfser all necessary ontlsys for
repairs and expenses, eyeD D. the present.
rsie OF income, j. gill afford s,us returns
10 the Treasury IS profits on its cost.
The cnrrent yer has no. been regarded IS
quite 30 favorable to the business Of The
scsd, - may be expected in general, by
seasoa Of diminished f.eighls, from HE
shoriness Of The crop Of Tobacco, less ac-
{ onmodsiion 10 Stage travelling in con.
sexlen with The Rail Rosj. ard ether
csuses. Notwithstanding these dissdyaG-l
iagss. however, the snouut IL earning II
the establishment for. zen uop,hs, hes
been near e5i ,67s. and the disbursep,
% The sane tiee. for eypen.es, ineIseing
Me purehsse in October IF IN additional
Locomotive. about s33, o03. The o.
Rcers Of The Road have ksen instructed,
that ~hile they obserssd all prudence and
sennomy 10 expenditure. no uesdfpl re-
pairs we're TO be neglected; snI its con-
tiaon IL believed TO be nox equal 10. HI
aoi better than. ~ The time of sale. On
lie Isl Of July lsst. lae sum Of $1,000 a.
aid out offs profits into the Pablic Tfea- /,
srv. 70 defssy she interest on s240. 600 /,
" Rail Read Bonds. then telling due. for I
Ehsch the State vas bound. Is alresdy .
'hown; and "a The 3lst OF October. there /
1ad accumulated bslsncs of about 90, |
300 more. .:.-~s .-.< So. il 7..s.s,.s..l 4
Ths importance Of t'is public work TO !
He Agriculture and Merchandise of the '
fInigy, " I'LL he apparent from The e,h;.f e