The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1852-10-27


fhe hpsuse,utm has alnrsig enkaae-
FL fac.iiHes = ihe State. The ,iark haF
heen snhsrrihei q fern ihe roHnrriiag
link belusrn ih,s Rnai and Ne Niining-
i.,a sad R4isigh and Sesbo ID aad kaa-
-n.ke K .lroasi-. an: itls imporssa work
is Ia eaai- e-sf constructors.
Al shs lzsl sessina Rssnimtian Was
PISSED. snlhanziaf ihe pressdral aud
Commissioners Of he Raleigh and Gas
ann Rallnazd 81 ansisipsie ihe receipts ~
si.r road nv il.e purrhase &c two hundred
and ffsy snn< Of non. Cor me purpose NJ
repairing NE foaa. aud seshorising Them
"a pledge ll,e receipts Of IT, ;&ozd fof the
insn lhu~ krhased. II was provided
shsl she Sale should. IN no manner. or in
any. event. be hrld liable Cor the purchase
moneys and. ~hea the new should be &C
rerird. The iron should be sold ior the
benefit Of The Stale. Ia pursuance Of lhis
sesolalion. ihe President OF The road pnr-
chased two hundred and dry IONS Of iron
fra,n Mr.. Anderson, Of Richmond, and il
vas applied 10 repairing the Rad. A
pan Of The iron has been taken By the
Company, and pari Of il. ] presume.
sub remains on The road. The new Com
pany has made no proposition 10 pur-
Chase ibr iron. Unless ihe Legislature
otherwise direri. The iroa will be ssld foI
she benefit ofihe State.
d is believed that. after the settlement
Of the aecounis and the payment Of liabi-
lIiies for HE expenses Of the Road. there
wlll be little. il any thing. applicable 10
the payment of The debt contracted fnr
this ir'n. II The Legislature requires The
proceeds df ihe sale OF The iron 60 be plar.
fsl in The Treasury, Il would prevent Mr..
Anderson frnm receiving any portion of
his debt. Should The proreesis be APP
piled 10 this debt they would n.l pay one
halfof IL. recommend that The General
Assembly anIhorize The pforeeds 81 the
fale Of the iron Ia be applied towards The
Payment iof the drbl rnD rac.rd Cor lis
purchase; and il is submitted. whrlher an
appropriation shall he made 10 pay the
balance.
The Report az The President, in rela-
lion 10 The atfairs of the Road. while un-
der The consrol Of The Stale. will in due
lime be communicated Ia the General AS
semhly. liz pnrnlling The Bill passed a.
iir lar Session L. incorporate the Raleigh
and Gas,on Rail Road Company. II is be-
llesed Thai sume of The SECTIONS as il pas.
srd were omitted. wnirh renders farther
legislation ON the suhiert necessary. One
III The omitted secIions anhorized the ap-
poinImeni Of fonr directors on The parl of
The State. The Bnard nf Internal Inn
provenenis only appointed The number
provided f'r IN the omitted section. IuI
The Sla.e owns half The siork. aud il is
believed she ought 10 have The appoints
ment Of one half OF The Directors, and il
j. recommended thai such provision be
made by law.
An Engineer was employed 10 survey
Neuse River, aud The balance of The APP
preparation mlde under the Arl Of 1850.
5l. afer paying The expenses nf the SUR
vsy, has been subscribed To The Neuse
River Navigation Company. as directed
BY said Act. and a part of the arpropri.
alton paid Id The Treasurer OF The Conn
pany. This is work ofimpnriance, and
Us completion promises highly heneRciaf
results. The Report ~ The Engineer az
poiaed TO make the survey is herewith
transmitted.
Three Commissioners were appointed
under The act Of ls4S o snperiniend the
Improvement Of Tar Ri,pr. This Is i
desirable improvement, but il is doubted
whether the appropriation Is sufficient to
acrumpiish The object f,r which il was
intended.
The whole amount OF subscription Of
lie State. To The Cape Fear and Deep
River Navigation COMPANY, has been
pad. The work is progressing. and pro-
misses To open new and valuable CONNER
rial advantages moi biiherlo enjoyed By
The Stale.
Uiider 4 Resolution passed al the last
session Of the General Assembly. the Pub.
lic Treasurer transferred two thousand
shares Of The stock owned by The State,
IN The WILMINGTON and Raleigh Railroad
Company. D The WillHineion and Man
rheaer Railroad Company, whereby the
3 ate bcsame stakeholder in the impof-
taiit improvement under the charge Of thai
company. 10 directing the transfer Of the
stock. The resolution did moi make any
rhange ia regard 10 The number Of direcs
ss,rs ~ whirh The State should he entitled
In Tile Wilmington and Raleigh Railroad
company. Under The circumstances, the
Board Of Internal Improvements did mol
feel authorized TO maze any change in the
nniiifir n direeinrs appointed on The part
Of The STATE. The stock transferred, is
represented by The State in the Whining
Ton and Manchester Railroad Company. !
if The Legislature Intended that the num-
Der Of directors oil HE part "a The Hiaie
should uiily be Ill pfopdfiioii To her stock. ,
faiihet legislation on The subject would
appear 10 he necessary.
Tile Wilmington aud Raleigh Railroad,
wilh energetic management, has of late
overcome, 10 a considerable extent, the I
-. Il