The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1854-09-06


ss Is = : u s @ asa % I Sss ,s 5 osh oaos 5 I've
River the h1<a = te neat year
passing the costly Of Mks has cOnd he Board distant
e .ss e T E & 4 The ,a. e. = Idsss Ro Rive. River ess
have hsd; bOush, up
q the ydka bridge. same
ent for TIE rhnisr has yea BEEN made a The South
Il the Bridges at as Es Back Greek and The two
Company eoua For the s. which arc small sen,lssi.
wiz b made IA due time
WAREHOUSES; WOOD AxpwATER STATIONS.
the Road. hsst Of them arc progressing .
D which s % q % .a may b ss s1ss q q ID % Bs
Sss.ss sss: % q & s & 70 5 building u wss
20 ihs Company % meet The reqeieHSu'-
IRON.
The fst rHfract made Fuefton,
o Ry Be. shipped March,
April and for the port delivered the
cargo n spss Isss The . Fl in 'g1 as sss Sc
So @ I >. @ n % S Ss ss % ssi n s 0s % s. %
chaon ana PO,.roui shipments commence Ja-
nearly 1000 tons are daily expected These rails be-
@ te tack from Charlotte yadkn, and from Raleigh
contract f whsh should be made by September the delivery
must b he ssosiiods 4. Sal present ans
wa. ASp ,gs & On; time; that s Company would s relieved from tn.
T SS that p ss @ g % 1 sSss % The duty , s.
hut The value the time Shipment All shipments
were made aaer prices had advanced.
purchased price advanced proper to advert to The state
facts before and at the e the did advance whether blame
price Of advanced from September
necessarily made prior hs, date to have secured the iron
iron might be raised during that session Of Congress- passed the following
resolution;
Rod President be authorized open negotiations for
purchase of the which viii be the of the
Road and whether portion Of the purchase will be taken the
Company
tia, President authorized
m oft
In the above the President coesponded
@ sn m si ns aes % p hp s %sn s @ ns 1ss 5
nothing definite agreed the purchase and the matter left
mec g Raleigh July 1884,
had price, the Board brought the attention the Stockholders
had place the and that good English Rails could be
them Meeting the half million of dollars necessary bring the
State; yet no action was taken BY the Stockholders
the cheap which rails could be purchased The difficulty which
plated the delivery Of the during that and the next and the
mcns TO be cash on delivery.
debts on a%q Ss credit s he @ s s @ S authority a and the ma
which be done shall prescribed by the Stockholders
socE6oders given authority purchase upon
money except csacig promp, pay
Of the stock cash from the Stockholders exion
plated BY hen the why contract closed for the purchase
upon any proposition submitted to Pres
the delivered according
would have been long since forfeited BY noncompliance on their part
privilege which he would certainly have ayaled himself after the exOd
sts
Perhaps impression of the prudent pursued
Board can be made than by simple statement Of the fact that although
the middle 1854 and received all the
adop
should the whole the for be delivered during the
and all charges thereon be caccd will be
able the until the and nstamnt
tho shall fall due and be paid in
What would have condition the credit Of this Company the
whole had
1853. No Board should with rs
this corporation who will sustain its credit at all and hazard
RIGHT OF WAY.
of
giving way; compensation required
with the demand has reasonable As general rule
with few exceptions the commissioners appointed DANA
shaycdo % with
LAND PURCHASES
The Board believed would be subscrved
purchase enough land ample the
which will be These
ces generally made before the price enhanced by the Road and
upon deemed reasonable.
WORKSHOP.
The Board having determined the Principal Woshop
difficulty finally
1921 land S64S374 which
suitable lying the
Of the the line,
three miles Northwest from Graham. The purchase
gentlemen refund the Company
/ the whole purchase money except $500.
At this point proposed lay plan for the Principal York.
scale with the importance of the Road but the
different parts of the whole will the Of the Company
justify and the necessities Of the Road may require
FINANCES.
Of the Chief Engineer for
dollars which included small
advanced
IL f~,oJ, u~hf fouf the 6o1 cuf Tbn fiub h bceu