The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-04-03
Leads all North Carolina Daies i'm News and Circulation

these who are potent in its management;
mat contracts have been made at ex-
lIaFagant prices for supplies AMI fuel and
tile same has resulted in large loss to the
stockholders; numerous free passes have
peen gwen which are not authorized by
the laws OF North Carolina. but in disre-
gard of such laws. That for the alleged
service on proxy committee of the stock.
holders, a large number of men. to-wit.:
thIrty-four, have been granted annual
passes over the road for the alleged SER
vice of an hour Or two in verifying
proxies at an annual meeting, many of
Whom, to-Wit.: fourteen as affiant is in
formed, are not even stockholders of the
company; that under the transparent dis
guise of local counsel. many men. infiuen-
tial in North Carolina politics. have been
granted annual passes as local counsel
many of whom reside a great distance off
of the line of the said road, and have
never given and could not reasonably be
expected to give any legal service what
ever. in consideration of annual transpor
tation. Some of these live in remote sec
lions, and others are not even engaged
in the active practice of the law; and
affiant is informed and believes that CIV
ing them passes is an attempted evasion
of both the letter and spirit of the North
Carolina statute, and is in direct dlsre-
gard of the interests of the stockholders
And affiant is Informed and believes that
in one group of thirty-four counsel only
eight live upon the line of the road. and
of these four live in one town. which is
not the home office Of the company.
That affiant will be able to prove. az
lie is informed and believes. that in the
purchase of oil for the use of the railroad,
a favored bidder, to-Wit: The National
Oil Company, has been permitted to
furnish oil of the various grades and
qualities used in railroad operations. at
a price largely in excess of what the same
or equivalent grades of oil were offered
by other responsible bidders, and this
continued for several years. That in ad-
dition to the excessive price paid for oil.
the company contracted 10 furnish and
did furnish to the managing agent of the
selling corporation, free transportation
over its road And he further expects to
prove that the managing agent of this
oil company was thereafter appointed
lliciting agent of the Atlantic and North
Carolina Railroad at a nominal salary,
for the sole purpose Of securing for him
transportation on other roads: that the
members of this corporation. created BY
the laws of the State of North Caroha,
was entirely composed of citizens of
Goldsboro, prominent and influential gen
tlemen in the political world.
That the railroad company owns large
bodies of timbered lands along ats line,
which was bought for the purpose Of
furnishing fuel and cross ties; that affiant
! rs informed and believes that simultaneous
contracts were entered into between the
Atlantic and North Carolina Railroad
Company, and one Bryan Ives for furnish
ing wood and by the said Bryan Ives and
the States Prison of North Carolina for
leasing fifty convicts to cut said wood;
that at the time said contract was
entered into by the said Ives with said
States Prison, a bond was required of
him in the sum of three thousand dollars
($3, O00): that a bond was rendered, as
| affiant is informed and believes, with the
Atlantic and North Carolina Railroad
Company as surety; that this bond was
refused. and subsequently bond was
rendered by j. a. Meadows and j. ]. Bax-
ter as sureties. which was accepted; that
at the time of the execution Of said bond
by the said J. A. Meadows and J. j.
Baxter, a bond was executed to them
by the Atlantic and North Carolina
Railroad Company, through its presl-
dent, James A. Bryan, and his secretary
M. Manly. to indemnify them from loss
as sureties in said bond. That affiant is
informed and believes that the Atlantic
and North Carolina Railroad Company adj
vanced to said Bryan Ives the sum OF
/ thirty-eight hundred dollars, ($3,S00.) with
4 which to buy the necessary equipment to
cut and get out the said wood, with no
security therefor. That affiant is inform
| ed and believes that the said Bryan Ives
is a man of small property, and that he
was to pay to the States prison ore dol
| lar a day asehire for each OF said convicts,
and that he was to furnish quarters for
them And affiant is informed and be-
| lieves that the Atlantic and North Caro-
| lima Railroad Company at an expense of
seven hundred and fifty dollars, (s75000),
constructed for said Ives the said quar-
| tiers. Aiiiant is informed and believes
| that the Atlantic and North Carolina Rail
road Company was to pay to the said
Ives two dollars $4,000 per cord fer said
wood, less % cents per cord stumpage,
and that affiant is informed and believes
that each of said convicts could reason
ably cut two cords of wood per day. That
in addition to the said price to be paid as
aforesaid for said wood, affant is inform
ed and believes that the Atlantic and
North Carolina Railroad Company hauled
all the provender and men of the said
Ives free of charge, and paid his pay-rolls
weekly. And affiant is further informed
and believes that the roadmaster of said
road WIS instructed to take out said wood
in the woods, and allow credit for the
same at said price And affiant is inform
ed and believes that under the terms of
the said contract, there was a profit OF
at least $500 a day for somebody.
That affiant expects to prove that at
the time the said bill was filled, there
were eleven agents of the said railroad
company who had defaulted in their set
Elements, and had been short for months
That affidnt is informed and believes
and expects to prove that much freight
was being hauled over the said road with
out being billed or any account thereof
being taken by the company, and that set
tlencnt for the freight so handled was
made upon the statement of the consignee |
alone.
That affiant is informed and believes
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