The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1869-04-22

both up and down are sent through with
out breaking bulk in Columbia, has also
facilitated the transportation of freights
to very considerable extent.
In looking forward to the prospect OF
largely increased crop the present year,
and the increase of business resulting
therefrom, it is clearly evident that the
quantity of rolling stock should be in
creased. at an early day. This can be
done to o sufficient extent, it is believed,
to meet all the requirements of the Road,
without the purchase of any new stock,
by repairing and rebuilding somo of that
which has been laid aside and not in ae-
tive use for some time past. There are
now FIVE locomotives at the shops, taken
up To be rebuilt, some or all of which it is
expected will be completed and ready tor
use in moving the coming crop; and the
recommendation of the General Superln-
tendent, to build an additional number OF
freight cars during the coming summer,
is heartily approved and endorsed; This
can all be done without large additional
expense, except for material, some OF
which is now on hand.
Since the 1st of January last, ESQ tons
of new rail, (ifty pounds to the yard,)
have been purchased and is now being
laid down, to replace some of the fange
rail on the upper end of the line. This
has been partly paid for in old iron on
hand and to be taken up, and the balance
in cash. This will improve that part OF
the truck materially, and, by prudent
management, it is believed that much Of
the worn out iron may be replaced in the
same way, in few years, without redu-
cling the net income below point which
will bs necessary to meet all expenses
and paw all the interest on the bonded
debt, when re-adjusted, promptly as it
natures.
During the year, there were put into
the Road IS, ,262 cross.ties and stringers,
including S,497 put into the Blue Ridge
Road. There were also 995,992 feet of
lumber used during the year for the vari-
ons purposes tor which it was required.
And it is presumed that an equal amount
will be required for the present year.
The Blue Ridge Railroad from Anderson
to Walhalla is still being worked by our
Company, upon the same terms and con-
ditions as at the date Of your last annual
meeting. 1t is expected that the Blue
Ridge Railroad Company will very soon
desire to terminate the lease and COM
mence to work it themselves. The busi-
ness of that part of the Road has about
doubled in the amount of its earnings
since the commencement of our lease,
which is some slight indication of what
may be expected when the entire line is
completed to Knoxville; an event which
we should look anxiously forward to, and
which we have reason to believe will be
accomplished in very few years, or as
soon as it can be done in the ordinary
course of railroad construction.
For fuller or more complete informa.
ton, with details as to the quantity and
condition of the rolling stock, machine
shops, &C., and the condition of the track
reference is made TO the accompanying
report of the General Superintendent
and your attention is respectfully invited
to his several suggestions and rccommen'
dations.
Reference is also made to the accompa-
nying tables of the Treasurer, Auditor
and Foreman Of the work shops, which
furnish very plain, full and satisfactory
statement of the operations and condition
of their several departments.
Annexed is also a list OF the officers,
agents and employees of the Company
with the rate Of their several salaries or
wages affixed, together with the capacity
in which they are employed. and upon
what portion of the Road they are en-
ployed.
For the information of tho stockhold.
ers, and for their future reference, as well
as for the information and reference oi
those interested lin our bonded debt, the
several Acts of the Legislature authoriz'
ing the guarantee of the bonds of the
Company by the State are herewith an
nexcd, with condensed statement of the
history of the Road, its bonded debt, &c.
The Road, with its branch
es, is 1644 miles in length,
and cost, with it's outfit,
dcpots, real estate and ma
chine shops. s.............S3,O8 ,Zl3 %
Stocks held in other railroad
companies. ................ oo,4'o w
Cost of Road and property So, ,l61,7Os So
Capital stock paid in by in
dividuals and the State. l,5lO,374 81
Cost of Road and property
over capital stock paid in. 81 ,65l ,433 %
To provide for the difference between the
cost of the Road and the capital stock paid
in, the Company issued their bonds, bear
ing date from January, 1852, 70 March,
1854, respectively, having ten years to
run, for SS00,000; and in. order to give
them higher market value, on the 18th
I...a..z 1OS1 4haxr axonnfnd To l,ha rios