The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-12-11

.f."crsi ofrcbuiidiDg the Tye River bridge
. not included III the report Of the Chief
1,cr showing the cost Of repairs.
j. balance Of reWlir-debt now appears in
lice OF the company as due on pay-rolis,
An accounts and negotiable notes, and
qnts almost the entire debt of the
.aauy contracted since May LIST, 1867.
e Rockbrid@e County bonds uusold
Hu, to $4,000, face value. The pro.
I is Of these bonds will be credited to the
,.. ,l.ht. \ large expected issue of the
VIZ al this county to the Valley railroad
probably Lcprrciate their market yatic
gsy so.
: contractor under his agreement will re-
FL. SlGGG.GG of these bonds ut par, and it
IL To estimated that the remaining SlS,-
...j will realize $4,000. THESE sums de-
..,uj Ic"vc Il balance Of ST., l2I .43, which.
IA interest added, represents very nearly
r"Iair debt now uniunded and due.
Il! The report 10 Your last meeting II was
..,utted that the sum of S45,0T4.GQ would
r" iuid during the fiscal year ending Sep
ENTER last from current revenues on account
|, ,li- rcpair-dcbt. This expectation was
t.ai upon Il stated estimate OF receipts and
>nH.r. during the same year. The cN-
~"~ were reduced. These appear in the
tiyi report herewith submitted Is
Ia..n;in@ to SS9,27O.32. This sum includes
III paid for repair of Rein>S dam, cash
u. tor debt contracted prior to May, 1867,
ylcr,' fees on account Of these Old debts.
I rxpenses in connection with the cNtcn-
u ui The canal, amounting in the asgre-
e. with those OF II kindred character, to
1au. Deducting this, and $4,000 re-
..rl by the Chief Engineer ~ the approx
4'r amount expended in labor and mate
- in the restoration Of the canal (and cm-
rrG both in the statement showing the
..l!-irht and in the foregoing sum OF
f. l.2.o.22 there remains the sum OF SO
~ representing the expenses OF the re-
nd canal during the lust fiscal year, or
Is ,:.1TV.32 in excess OF the estimate OF
l.,,ll,r$.
lar receipts during the last fiscal year
., Richmond dock ACKNOWLEDGEMENTS. 36,2"a 81
Observation-Disclosures. ia,GS1 IL
Total. OBSERVATION-DISCLOSURES O.595 ii
The estimate of these receipts was SlI3,-
n. Icing SIS. 1866 more than the sum
.l4ri.
Tie receipts from the canal are chiefly de-
Yecygoln the long, narrow district OF coun-
b. BORDERING Us line. This small but fertile
>,riti has recovered very slowly from the
.>uaitions of the war, and the excessive
..mI-hi of last summer no doubt Affected
.r yrcciuts unlavorably. These receipts
.rrr more than equal TO the payment OF all
rrvAl cXprnscs and interest on the lun0eu
IA. ~xcrut That portion of this debt held
TIE city of Richmond. No further cSti-
~. nr receipts will lie made, bat it IS stated
! al ,ncouras ing fact in connection with
, rrcpipts OF the present fiscal year that
,a HE iron works ut WcStham and the
.m.-mill on tie canal above LynchburS,
";a suspension Of work Tor SOME Time,
.r RESUMED their operations, and II Is
,r,I that nj or before tie close OF the year
receipts will Justify Ii full or partia! pay
IL 81 interest due 10 the city OF Richmond.
RESPECTFULLY submitted that the interest
.1t company will be promoted by tund-
~, balance of the debt due or TO be-
.- due on account of repair OF DAM
-, 20 the canal by the food Of 1870 ut rates
S,l"J>ly authorized.
TIE freight agency Of the company has
with energy and ability.
:: report Of the agency is herewith SUB
'.rd by The Board.
iar following is condensed statement OF
port /" 1i.c last annual meeting OF the
20 "f thc company co'.trarted prior 10 the
Of MAY. 1861, ana balance Of debt Tor Tue
~!""tion OF I've River DAM:
3,ur Of this deb. (eXriu.Iyccf derton
Ii State bonds. With addition
!4t-!tst an uniunJrl portion Of
.a.. H. September g. i,7l....... SI22,i5l 10
E.u. NEUTRALITY-SUSPICIOUS.. 1881 is
Iottl. Observation-Disclosures 32,7.2 80
,a'h paid from current revenues
E." lU seth September, IsT0,.......... ei,G03 u
|fhrccis OF sales u tirsl mortgage
...t.. 3s,9ol 90
amount funG,d Oh first mortgage
.!''s al par 10 SVih September, Sd. 4S,o76 81
LG,al ...................... S.sO,8!0 IS
| ~ debt, Including dam al I'yc river,
.'rsss,, Sl52,l4I a.
'--ei st.eQ and Invalid debt .......... b,ssi II
Balance .........,..........,.. Sli6,306 90
--l-~------
3, b-lancc was reported rs due by ne
= ''!"n.~ notes secured by deposit OF
'''''a9, of first mortgage bonds. 100000 20
+,.4"cv u uniuudcd debt 10 Goth sep
1.I.lsY, Isl, ................. 1880 90
nHsasszzsrncHaae
iAs financial statement OF the secretary or