Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1861-03-28


Total cash. s53679 3!
Amount paid Charlotte and :. Carroll
III Railroad 1860. 60..............!S2 oil 90
Amount paid on Dividends. Isl of Jam
uary and lSt of July, 1867 ...... ll,s26 90
Amount paid debts of Company
owing on the Isl January, 1850. G,9si 2s
Paid Oh Expense Account for ls60... 2.2iS %
Cash assets, 5.577 81 S53619 {!
The gross income for the year 1860 appears from YOU
TrcaSlrrr's Exhibit, A.. ,iO3 s.
Namry-From FrcightS, .......... .S92s5 ~
faSSeieers, ;%',S9 % m 81
" Wall, ltuo w .- . -
" Other SoIrccS,...... 2lle l2 SIS, ,lO3 6:
Amount of expenses OF operating the Road, from
lSt Of January 1860, to December 3lSt 1850,
rs appears by my Exhibit. d., of Samc,... S5,& g
Or $3.50 80 per month"; leaving nett income of Sl2,e1 ,
From the above statement, it appears that the nett income
of the Road amounts ncary6 per cent the Capita
stock of the Company from wi,clwo dividends have been
rclarcL-omc in July 1850, Of per cent. and on the tl
January ls6l, of22 per cent am unable from the En-
bilS Of your IrcaSurer-iurniShcd only yesterday
TO report the nett SSct> of the Company consisting OF
Grcrllvillc Railroad Bonds; arrears OF Mail Pays Notes
Accounts on Freight Ledger, shop Books, SC.
When took charge of your Road found the road bed
in bad condition. Acr the Annual Meeting of the Stock
holders the 10th OF April 1889, about eight miles of the
track was rclaid-a part with new cr0sStics and portion
with old "Shady spiked and not properly Strengthened or
packed.
On the evening of the Annual Meeting in ls60 &. II.
yhgo, the Engineer then in charge. reported TO the Dircc-
tors the locomotives of repair; and said Board, al
the same meeting. ordered nachin>tS from Charleston
to be- employed for their repair said locomotives have
since been repaired and both now in fair running order
have this time OvrrSrer and eight negroes the
road and tw" in the shops; together with good Runner
who is competent narhin>i. With this force, AN con
drnt your locomotives and track can b" maintained in
good order. Respectfully submitted
w. +. ROSE, President ami superintendent.
March %, 1861.
JoHN = RYAN movrdtha the Presidents Report and the
accomp,nyn. Statements of til" Secretary and Treasurer
be accepted and that they be published in the Y0RKvlLE
Enquirer. The motion was seconded and adopted.
Rrsolrcd, Tha,a Committee three be appointed to
mate candidates for President and eight Directors. The
Chairman appointed W. A. Latta b. r. Wheeler and Jno.
=. Ryan, who retired to perform said duty.
The Committee made the following nominations: w. f..
RosE, President; g. r. R.rcHroRp, JAMES II. WHITE,
RnBERr WurESIprs Dr. J. B. WIrHERs, DIR. 4. Graves.
WM JOHNSTON W. 4. IArr. and JonS :. RYAN, for Di-
rrciors.
The meeting then proceeded TO hold an election for Off
GERS having appointed g. r. Ratchior, W. a. Latta and
j. s. Ryan, Committee To receive and count the votes,
who reported that w. f. ROSE unanimously reelected
President and that the candidates nominated for Directors
had been elected by the same vote
Mr.. Ryan then Introduced the Hon. james II. White of
North Carolina Of the Delegates of the "DalaS and X.
VI. Rail Road Company" who proposed 10 the Kings NJ.
Railroad 10 Join them in building the road from Yorkvil
10 Dallas, prdging Dallas 10 build ii a. far aS the line
1t was Rcsolrcd, That Committee OF three be appointed
by the Chair TO meet Yorkvc the first Monday in
May. IT, confer with the Commissioners from North Carroll
ma and devise the ways and means W adviSa) 10 cnntin
the Kig'S Mountain Railroad to the State lin" u" North
Carolina
The Chairman appointed John :. Ryan. Wn \. latta,
and b. Il. Wheeler, said Committee.
There being further business. on motion, the meeting
adjourned ALFRED CRAVEN. Chairman.
j. II. FAySs0rN. Treasurer.
March 25 1861. l3 2t