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

which was read and on motion OF Mr. Saunders ad on me
table:
REPORT
ore President and Directors Of he North Carolina Rail Road Company
q he Stockholders. Of their fourth annual Mthng held in taough
10 he aoekhors the North Carolina Rail Road Company.
GRsLrAss Since the last Annual Meeting Of body Salisbury
Report viii show the condition of the works and Of the affairs the Company
FIRST DIVISION.
McRae Co, January, time
limited for the delivery Of the work For satisfactory the Board
Board ,s. the Road on that Division would no, be finished by the time pre-
1 which n om % Gh % a. %
end Of the Division the Board authorized the President make
which did February upon the following
II pan s FURNISH - se %as S ss ", @ ~ sds an e %
the Contractors and when the Contractors have completed the Road to &
Chains remaining their hands, upon terms
y Rails Spikes and Chains hnr the western end the Contractors
agree pay whatever the may the Company
anticipation of this arangcn contract had been previously made
mcn been made have the delivered BY the Roads
city of Resh which being done fast the needed with
ss ssss g the junction VII" The Raleigh and Casio" s'' Road effected
The necessary tracks some five in number al the dpo, and junction in
Raleigh have been laid and the main track has progressed westward the
distance of three miles and quarter and would much rapidly
but for the difficulty procuring & for which contracts were made soon
The Eastern this Division the track laid from the Wilmington
uOuts will probably completed BY
in August salng Depot the road distant from Raleigh about
the that Road may Depot reached
instructions have been the Contractors that of the Road
complete condition for delivery and and build y the ft day
August the from the main track the Warehouse already built by this
Company the banks of the Neusc a Wayncsboough.
The the First Division extending only the junction with
the Wilmington and Raleigh Road the Directors believed eligible site
for their Warehouses and Sheds could had in orough distance
thrceu Of mile and have caused track be graded Com
Companies have agreed build joint Warehouse and which the track
being laid Contracts for the erection of temporary Sheds protect
the Engines and Coaches that place, have been made
The Board has deemed designate the cost Of any par
cuar part the work the First Division for the that the compile
Of the Road Division let agreed but to the
remaining Divisions they classified the expenditures under %
ent heads
EXCAVATION AND EMBANKMENT.
grading entirely
doubt entertained that will be done in due time and delay win be
caused thereby The quantity and cost of the excavations and bankens
these three Divisions be by reference to Exhibit A. hereto
tache and made Of this Reports by which viii that the
yards s472o22 20 a57as cubic yards ebanmnt
s2ssa9i g.
MASONRY.
The great number
Road length and passing such undutng country and
ing many has made this item heavy expenditures the full
which asccrne small portion remains be
finished From reference Exhibit A. and accompanying tables will be
that the aggregate of Bridge Masonry DONE 2235 cubic
yards and Of Cuvet Masonry 4s5a cubic
yards s2s 727 al which add for Foundations of Bridges
ssoSs A. ce sle2a 81 and the total expenditure for Bridge Ma
Exhibit for Dry Dan l7li3l cubic yards Of s56299 2s
m Paving and French Drains cubic yards at cost slo6S So
Thus making the total expenditure under the head of Masonry amount to
s2a4.sll 49,
SUPERsTRUCTURE
Board has difficulty procuring Stills along the
line m the Road Having no power Granted y the charter to condemn tim
provision contained other charters the Board has been subject
orbtant % and in has been
tic refused the charter contained such
provision that resort that provision became The
South Carolina some eighty Charlotte brought up
Rail Road and would have procured much number but when
timber relaxed in their demands and agreed furnish ss
price But @ the, <. y 1 spRssgd 5 END 6 considerable ns difficulty
acting under the advice Of the Chief Engineer determined to
have their Track laid on Company account instead Ct by
hired for the eghfsc negroes and oyerseer divided
towards Salisbury the Raleigh lay towards lsbooush The
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