The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1871-08-24
THE PORT ROYAL RAILROAD.
x,--,rk Done and to be Done-hesource
OF the Company.

Tho toIioa. ing report has been submitted tt
the stockholde. of the Port Royal Railroad
Company by the p. resident;
Ew YORK, July %, 1871.
tn fine !stockho1,1ers O, the Port Royal Rail
The eS National EHi Railway aid Trust Company
contractors, having failed in their agreemen
with this company to complet.' the building
and equlpping OF our road, by sn. spenuiag M al
work for eight months, have conse. 'teo 10 Us
sign their contract to Mr.. s. G. Mllett.
This transfer has been made with th,a con
sent and approval of the boaFn. of directo. . o
this company.
An entire change has been made In the 40
ministration of the affairs of the company by
the resignation Of all the officers and o maJorl-
ty OF the board of directors, and the election
Of others to fill their places. From the report
of the engineers and superintendent, find
the present condition of the property to be as
follows:
Thirty miles of track are laid, part at the
terminus at Port Royal, westward, and part
east and west from the junction lat Yemassee)
with the Savannah and Charleston Railroad,
leaving gap of ten miles on Port Royal Isl-
and to be laid with iron, for which the road.
bed Is now ready. When this is done, con.
tnuous road for forty miles from Port Royal
for distance of seventy-fve miles, the road is
continuously graded, bridged and tresselled,
ready for the track; all the ties for this are now
on the line.
The road bed is graded in all for ninety
miles. We have on the road construction
train of one locomotive and twenty-seven
cars We also have on hand crank cars, push
cars, horses, mules, carts, and large quantity
Of tools and appliances for construction of the
road, In great part belonging to us, the rest
being the property of the contractor.
The engineering Is we'll advanced over the
whole road. The department Is we'll supplied
with instruments. Estimates, drafts and plans
for all the work have been 80 far completed
that the supervision of the road only remains
for this department.
The company have lin connection with the
Savannah and Charleston Railroad Company
erected fine depot at Yemassae. We have
also erected two water stations, with tanks,
pumps and wells complete.
The company own plat of one hundred
and forty (l40) acres on Port Royal, giving us
about one.halt mile of dock front, upon which
we have erected and completed dock one
hundred and fifty by four hundred feet.
(2O) miles of grading, $1,000 yards,) and only
one and three-quarters (l}) Of mile Of tres
selling, including the open drains and cul
verts. The ties for thirty-fve miles are yet to
be bought, and the bridge across the Savan
| nah River, eight hundred and forty (840) teet
to be built. A part Of the timber for this
structure Is now on hand.
The iron for eighty-six 1857 miles, including
side tracks, Is not yet purchased. The depots
| and water stations for the greater part Of the
road remain to be built. The right Of way
| has been procured for most of the distance
| there being only few cases now to be settled
| which will be done at small expense.
The company have = floating debt of abou
! thlrty.six thousand dollars.
The company have Issued to the NatlOna
Railway and Trust Company, under their con.
tract, nine hundred and ninety thousand
| (s990,OOO) dollars of the first (lst) mortgage
bonds, leaving one million FIVE hundred ant
ten thousand (sl,5l0.000) dollars available fo
the completion Of the road.
The contractor has made arrangements tc
| ship the necessary iron at once. Work upoI
| the road has been resumed and will be pushed
vigorously. (Signed,)
JAMES APPLETON, President