, 1870-12-31
SOUTHERN RAILROADS.
Thor Iudebtcdness TO the Govern.
meN&.

khkGn. On ta6 opening OIL kHe aAst usCAt 3oa4.
july l, 1869. there vas due the Uaited States
from railroad companies which purchased
rnilway material and rolling stock under the
PROVISIONS Of Executive orders Of August and
October, 1865, $40, ,650.72 DuHug thas fs-
cal year. ending June 80, 1870, interest SC
OF eui.s amount to 5307. 7.692.4l. Payments
have been made Of 5365.820 IS leaving un-
pad June 80, 1870. q, ,646, ,5o2.63, which re-
duces the dett du11ng the year. Ss5, 12s Oh.
In addition to the anouut received accounts |
we're under examination amounting to S26,- |
175.7I, exclusive Of doustful account OF the
Mobile i Ohio Railroad ComnAns, am quitting !
to So 16G 06. which. when 6oAllr adjusted, |
will further reduce the debt.
T0o companies. the New 0fleAus, Opesousas
Caro1ns, discharged their indebtedness during |
the year. Other companies have materially !
reduced tbeir irdebteuues=, and &c such an e1-
tent a. to justify the belief that they Hall en-
sirely discharge it during the fiscal year end
ipe the 30th OF Jnrs Iext. With but thEae
+hue, Washington. Alexandria T. GeosgetoWn.
and The Atlantic i North Carolina kai!roal
Compaulee, all the companies il the Atlantic
States hAve discharged their indebtedness.
These three are doug we'll toward paylEg,
al ulIl eoon have cancelled their en- ire in-
dettedness to the Government. The T-nnes.
see railroad coupaults we're the IarEset pn1-
cbAet r. OF tailRa material. and have been the
meet persistent ard dete1m.nedlu their efarss
to avoid pa.,pg for it. Ssys1.l ssits a,e no~
pending against them. Tbs Macon / Btuns.-
wick Railtoad Company il severely csnsured
for alleged broken pionsists Tha only pay
ments made during the year by the Selma.
Rims i Dalton, Memphis i Little Rock; 10
d1arols, anh Pacific Railroad of Missouri, were
hy transportation OF government stures, nnis,
&c,
The Quartermaster Gsrera! gires det.i!sd
account OF the Present position Of .uita pend
ing against receivers AID railroad companies.
and srns ur the exact state Of indebtedness
tt all the companies to tue government in the
following carefully prepared statement:
total principal, in.erest. and cxnenses uurald
JaSe a. isss. IS ~. rssane % 1nooths al ta msneS.
Atlantic snd S"rth Caronca-nalance pstaclpal
tnps!o Ju, !. ls.e, s',66's!; t2;al principal, ia-
t..fs5 IS: terms Of payment: due November =.
ls+9: snspo! sstlou accounts on die sufficient to
Aist sma ana Florida Balance prtnctpa, uu-
ral,i July !, 1s,', <t2,i5ete. tbal rr'ncipa, in-
t1.sl. aud expenses unpaid Iuy !, .s;". s1a,1ss.-
alahama and chattaneoea-Balance principal
5ss e. us p50sp T.
Is: terms OF payment, ,OtN payable muuthiy Ia
Mons5: eomran5 to be Credited postal aid 'zans-
East Tennessee and GeorRia-Baiance principal
unpaid July l. $50, $751; IS: total principal,
interest. aud c1re. ses Ut paid July !. ts'e s3'i,
40 Ct tet ms Of paSHcn interest pay able Moaih-
~ iu NOR cy; company 10 be c1tdit.d po5:a' An,t
transportation service: ss,tt pending:
ctral urpsia Jui, SO SIS ssssI: iotsl PIN
c1pal. Interest, and expenses unpaid Ju!S l. 1870,
ssa ;tt1Ius Of payment: due January $50;
Edre d. ID and Kentucky-Balance pr.nctpa. nn-
patti july l. 1870, sllt,as6: total p'inc,p!l. It.
4e1s St bus
itd!anols. Balance principal unpaid July l.,
| ptns. = u paid JnlJ i, $50, s:s,ooooo Terms of
Rockville and i. ntncky.uaIancs pslns'e.' No. 20
's1sst aa sn,s jny
Turns 4 payment: Due August 20; ise9. u..
rat q, paid july 1, 1870, s4e,:esI: total prsncl-
ssasss.ee: Terms d payment: Due Jul5 l. 1858; !;
M,se'ssipr,, 0sinervlsle L Tnscaloosa-
arce principal unraaJa I, 1870, f. s'6 30: I"sal
is:o. IS. s. Te.ms Of payment: Due August
Mscor i ABrnnsw,ck-Ba:azce principal unpaid
.1ptrtes nnps;c ju'y ], ls;a, sasso,os. Terms Of
| Fa, nent: Uut February II, 1sGa.
M.blIe m -Ba aass n.1aeipal nnpatd July
t1p LES uIpa.u July i. $50. s.a,s4s.Sa, Teams
u payment: Interest ana 5000 payable monthly
u moLe5: COMPANY 70 DC escaiaa poats1 anu
WspInn, Tt.,ns..e.-pa,anca nr,nc,n., ,,n.
paul july 1s7o, s79.lss. -: isal psinc1pa inter
asI ~ - - uaea1 t ~ = tss,s,sGt ~
tu.IeJ suspended unit. November l, $50: letter
stcn,sIs ct va, 1ane = 1s.a s1,;,a p.,.n.o =,
Principal unpaid July !, $50. $ssdsse.sS; total
PIN clpal, tntetest. and exlentes unpaid .ia !,
ts,a. s@sos ~ -, IS Ietma o1 payment: Due ot1o
M,. rhss j V-to-H4lance principal unpaid July
:. io+o' *'stotou-I Hat r. "a ~
I5W neet u2rsid ,4'5 !, $50, M2: Terms OF
pAsMsn3; nus @ 't.,a =. te1y:
un,sta Imir 1s.a III As, ~. ma; nrfnrinsi H.
aau ~ ~ n4e1s S and ia - viii.
mnnth,S ~ nanrT. cnII nsns to he credited nos:si
IT, ssIvss n,,uc,,,
nao,a *, 49, tc.n :, ~ IN a.. tcfaf nrtnrI5ai
m,esa., snd nnn.ss nnrst In;y 1s.n 81 81
y, ~ TrTms nf nsvment: Srs e1rninrs oaFahIe
msnlns su.1 @ eeT9n -ra1snce nr,nc,n,,
rn,,st i,,ir1 49, ian sss. 1aa ss ;n1ai r,nrinri
ds m1 sns ef ns1meRs Due % oysbep s.
1ssve. 1se.,t. ssssto, Fe5 ~" ~
lsss; soh peao'qs. co,,,- -u.,o,ca nr,,.na, mn.
psS jaiy i is:a ssss::s y T.: q piase,, ~ + +!
Tins 81 ns1 ment: lnteYes, md ,nstsiments ~ y
nh,e mrnthly.
New orleans 4 0hto-Balance principal unpaid
July !. 1870, t9s,e6i:l9: so'al r'lucp.i interest
ard sxnensts unnau 5qs ;, !; lso' ss9'''l' tesms
OF hasnitgt: aus: ~, penu.ue' u,,,,,o ,-,,,,o,
r,s;a Su,1 -. tniai oSnrtnas n.
tetrst anI e3ncsses 1una,e Iu]y i, 1s.
t~rn Of raymeut: rayab4e n transportation ser
vice: ons-hali to NJ applied: ,,,.
southWrst hEalch fac1ne MaiEosA 81 M!ss,ul. -
baatce pnnslnal unpaa 3u'f :. -. s''t Il,
io'sa r1isSssT: aa'est'' aHu s"l'e"ss'
selma and dMar,djan-Ba,auce PRINCIPAL uanatl
Lu.s ], 1870. ss3Gs+7: ,n1al principal, interrs.