Weekly North Carolina standard. [volume] (Raleigh, N.C.) 1850-1858, 1852-12-01
NORTH CAROLINA RA1r, ROAD.

| No OH6clOIS Oi tnlS company d0lOufneQ on Ffl
day last. to meet again in this city the 9th Of De
Ecember.. -ssss5 ~.
We are informed that the instalments called for
previously to the present meeting, amounted to the
sum of five hundred thousand dollars, of which in
dlyldual Stockholders have paid in about the sum
toufhundred and ffty-fve thousand, leaving only
forty-fye thousand dollars or thereabou:s yet be
paid in.
TIE Directors have called for another instalmen
OF ten per cent, and resolved TO take immediate and
ethclen steps to collect from the delinquent Stock
holders.
In July last, the Stockholders in general meeting
instructed the Directors to proceed to collect from
stockholders, who should remain in for thirty
days from that time the instaments called for agree.
abys the provisions Of the charter and in each case
to exact interest on all payments delayed.
lhe Directors passed a resolution, that they would
charter the stock Of delinquent subscribers, who
should fail to pay up their instalments already due.
within ten days.
The payment of interest on deferred instalments
being much complained Of the Directors passed res
oufcn that delinquent subscribers might pay the
until the next general meeting of the Stockholders.
From what we learn, individual Stockholders will
have paid in their five hundred thousand dollars by
the 9Th of December.
The faithfolness, industry, and efficiency with
which the ,having this great work in charge,
We venture the opinion iha. in no similar work in
this country, esting the subscriptions of many
peTsons,) has more promptitude in payments ever
been observed. On cali of half million of dol
lars: for all to be promptly paid but fortyve thou
sand dollars, we conceive to be unusual.
The energy, industry, and indomitatbls persever.
ance of our Western friends, manifested in the
agement and prosecution of this great State improve
ment, throughout, increases anxiety to be more
e!sselJ allied to then, and to have the two extremes
OF the State united at the earliest day possible.
We are happy to learn that half the grading on the
entire line is already completed-that the Bridges
under contract and being constructed, and that the
work, upon the whole, far has been done for less
than the original estimates of the Chief Engineer.
Register.
We learn that A. T. jenkins, Esq, of Newbern,
rendered his resignation as Director, which was
accepted, and John D. Whitford, Esq, was chosen
to ell the vacancy. The difficulty between the
Company and the Newbern interest with reference
to the Eastern terminus, was referred for settlement
to Maj. Gwinn, and COL w. B. Thompson.
IMPORTANT CORRESPONDENCE.
The National Intelligencer of Tuesday last con-
tans several highly interesting papers, affording
full exposition Of the overture made by the Ad-
nlinistratiop Of President Polk, through General
Saunders, to the government Of Spain for the pur-
chase OF Cuba.
These papers-conssting Of a letter from. Mr.
Buchanan, Secretary of State, to Gen. Saunders
and replies from Gen. s., our Minister at the time
at the Court of Spain-were transmitted to Con
gress by President Fillmore at its last session, in re-
ply to call for them by the House of Represen
tatites, but they have just now been made public.
We shall publish in our next the letter of Mr.
Buchanan, and shall follow it up with the letters
of Gen. Saunders.