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The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, April 28, 1867, Image 4

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Two Little l'air* ot Boote.
Two little pairs of boots to-night,
Before the fix? are drying, .
Two little pairs of tired feet
In a trundled bed are lying;
The tracks they left upon tho floor
Hake mo feel much like sighing.
Those little boots, with copper toes,
They run the livelong day, -
And oftentimes I almost wish
That they were miles away;
So tired I am to hear so oft
' Their hoavy tramp at play.
They walk about the now-ploughed ground,
Where mud in plenty lies;
They roU it up in marbles round
And bake it into pies;
And then at night upon the floor,
In every shape it dries.
To-day, I was disposed to Bcold,
But when I look to-night
At those little, boots before tho Uro,
With copper too? so bright,
I think how sad my heart would be
To put them out of sight.
For, in troth, up stairs, Tye laid
Two socks of whito and hine; ?j I j
If called to put those boots away, '. ? t
Oh, God, What should I do?
I mourn that thore aro not to-night,
Three pairs instead of two.
I mourn because I thought how nico ~ ^ .
My neighbor, "cross the way," . <.
Coola keep her carpets all tho year
From getting worn or gray;
Yot, wolli know she'd smile to own
Some little boots to-day.
We mothers weary got and worn
Over our load of care;
But how wo speak of little ones
Lot each of us beware;
For what would our fire-sides ho to-night,
Ii no little boots wore thore?
In n bar-room in Denver, tho fol?
lowing "rules" uro conspicuously
posted: "No one is allowed to re?
main in the hall or passage-way
longer than five minutes without
taking a drink, or in the sitting-room
ten minutes without doing likewise.
Any Ono refusing to drink, when
asked, will be ignominiously kicked
out. No gentlemen aro expected to
eat the lemon peel in their cock-tails,
and those who do so will not be sup?
plied with any more, and will not bo
considered gentlemen in future."
A Milwaukee paper tolls a very
tough rat story. A terrier attacked a
rat near a grain warehouse, in that
city, the other day; the rat squealed,
the alarm was repeated by other rots
near by, and, in a moment, a count?
less swarm of rats surrounded the
unfortunate dog, gave battle, and,
although he made terrible havoc
among them, ultimately killed and
nearly devoured him.
"Biddy Maloney, just you look at
the clock! Didn t I tell you, last
night, to knock at my door at eight
this morning?" "An' BO ye did., sir,
and I came to the door at eight, sure
enough, but I heard ye was making
no noise at alli" "Well, why the
dickens didn't you knook, and wake
me?" "Sure, and because I feared
yez might be fast asleep 1"
A student of Shakspearo has disco?
vered that in the course of his plays
he wrecks a vessel at Bermuda, on
her passage from Naples to Tunis;
runs the ship of Antigonus ashore on
tho "deserts of Bohemia;" and sends
the Tiger and its master to the in?
land city of Aleppo!
The Mormons appear to have
turned their territory to good ac?
count-in one word, to have UtaJi
lized it.
"Here's to internal improvements, "
as the man said when he swallowed a
dose of salts.
Greenville and G
PRESIDEN!
To ?ie Stockholders of the Greenvilh
The President and Directors b
report of the operations and conti
1866.
The*year has been one of gr
beginning of the year, the work w
from Columbia to Alston, caused
repairing and fitting up the rollin
of the road. The trains were thc
the upper end of the line. On t
commenced receiving freights in (
to do this, they could only bo car
there to be unloaded, hauled to tl:
boats to AJcton, and there reload
various points of destination. As
run by boats was diminished; un
reached the river at Alston and 1
freights both up and down had ti
to and from the bunks of the
sengers carried across in boats, u
the bridge was completed and thc
culty and expense consequent upc
stant changes of the places of shi]
the confusion which resulted froi
road, may well be imagined.
From the first of June,-until th
of those employed upon the worl
clerks and laborers at the depots
which greatly delayed the comple
.lue Mr. B. F. Bums, the foreman
perseverance displayed by him
exposed to the scorching rays of 1
weather when sick, but he conti
work was completed. The bridg<
pected, and no doubt is entertain
to come, and resist any ordinary
addition to other heavy expenses
set of trains-one from Columbi
Alston to the upper end of the lb
cost of transportation to a very li
Secretary's Office, G. & C. R. R. Co.,
COLUMBIA. Aran. 15,1867.
THE ANNUAL MEETING of tho Stock?
holders of tho Greenville and Colum?
bia Railroad Company will bo held in Co?
lombia on THURSDAY, the second day of
May next, at 10 o'clock a. m.
Stockholders wiU be passed over the*
road to attend tho mooting free, as hereto?
fore. C. V. CARRINGTON, Sec'y.
April 17 tlO
SPECIAL NOTICE.
GENERAL SUP'TS OFFICE, '
CU AHI.OT.TE & 8. C. RAH.HOAD CoMl'ANY,
. COLUMBIA, 8. C., April 23,18G7.
ON TO RICHMOND, ti? tho Charlotte
and South Carolina Railroad. Parties
wishing to aitond tho MEMORIAL BA?
ZAAR, now being held at Richmond, are
informed that ROUND TRIP TICKETS are
on salo at the dulce of this Company. Price
$20. Baggage checked through.
C. BOUKNIGHT. Qen'l Sup't.
E. R. DORSEY, Gen'l Freight and Tr'p'n
Agent._Apr ll 2? 0
Stockholders' Meeting.
Office Charlotte & S. C. Railroad Co.,
COLUMBIA, S. C., ArtaL 9,1867?
THE ANNUAL MEETING of tho Stock?
holders of this Company will bo held
in the city of Columbia, on WEDNESDAY,
the 8th proximo, at 12 o'clook va.
Froo passe? over tho road will be granted
to Stockholders and their families to attend
tho meeting and of returning under this
privilege within a reasonable timo.
AprfflO ??. C. H.'MANSON, Soc*y^
General Superintendent's Office,
CHARLOTTE A S. C. RAILROAD,
COLUMBIA, 8. C., March 16,1866.
THE .schedule of tho Passenger Trains
over this Road is as follows:
Leave Columbia at.,.3.36 a. m.
Arrive at Charlotte at.9.50 a. m.
Leave Charlotte at... .,,;. 5.10a. m.
Arrive at Columbia at.11.25 a. m.
Close connections are made at Colombia
and Charlotte with mail trains on the North
Carolina and South Carolina Railroads.
THROUGH TICKETS aro sold at Colum-1
bia to Richmond, Va., Washington, D. C.,
Baltimore, Md., Philadelphia, Pa., and
New York city-giving choice of routes via
Portsmouth or Richmond-and baggago
checked. Tickets aro also sold at Char?
lotte for Charleston and Augusta.
An Accommodation Train, for freight and |
local passago, leaves Columbia at 7 a.m.,,
on Tuesdays, Thursdays and Saturdays of
each week, and Charlotte on tho same
days and hour; arriving at Columbia and
Charlotte at 0 p. m.
March 17 C. BOUKNIGHT, Snp't.
Schednle over South Carolina B. B
GENERAL SUP'TS OFFICE,
CHARLESTON, 8.' C., March IL 1866.
ON and after the 13th inst., tho Through
Mall Train will run as follows, viz:
Leave Columbia at 11.40 a. m., ChVn time.
Arrive Kingsville at 1.20 p, m., "
Leave Kingsville at 1.35 p. m.. "
Arrive at Augusta 9.00 p. m., " '
PA8SEKGEB TP.AIN.
Leave Charleston. 8.00 a.m.
Arrive at Columbia.. 5.20 p. m.
Leavo Columbia.6.50 a. m.
Arrive at Charleston.LOU p. r
March 13 H. T- PEAKE, Gjen'l 8jnyt,
Greenville and Columbia. Railroad.
PA88ENGER Trains will run daily, Sun?
days excepted, an follows:
Leave Columbia at. 7.15 a. m.
'? Alston at. .. 9.05
" Newberry at.10.35
Arrive at Abbeville at.3.13 p. m.
" at Anderson at.5.10
" at GrennviRe at.5.40
Leave Greenville at.6.00 a.
" Anderson at.6.30
" AbbeviUe at. 8.85
" Newberry at.1.20 p. m.
Arrive at Alston at_!.2.45
" at Columbia at...4.40
olumbia Railroad.
VS REPORT.
; and Columbia Railroad Company
eg leave to submit the following
ition. of your road, for the year
eat difficulty and labor. At the j
as in progress to dose the gap
by the war and freshet; and in
g stock left, to do the business
n only running from Alston to
he first of March, tho Company
Columbia, to be sent through ; but
ried on the road to Freahley's,
LC river on wagons and camed by
ed on the cars, to be sent to the
the work progressed, the distance
til, on the 31st of Maj', the track
the boating ceased; but still the
0 bc unloaded, hauled in wagons
river, and both freights and pns
ntil tho first of September, when
1 entire line re-opened. The diifi
>n this state of things, when con
uncut were necessarily made, and
a an irregular way of working the
0 completion of the bridge, many
; were sick, as well as the agents,
on each side of tho river at Alston,
tion of the work. .Much ?praise is
1 <if tho work, for the energy and
through the entire job; often
the sun and tho inclemency of tho
lined at his post until thc entire
3 promises to be ?ill that was cx
ed that it will last for many years
freshet. During till this time, in
, it wns necessary to run a double
a to Alston, and the other from
ie- which necessarily increased the
irffo extent.
s-g? .. ses ... . g.
The operations, of the year are as, follows.
Gross income from all sources.$251,931 19
Current or ordinary expenses. 144,730 37
Net income, after deducting current expenses. 107,200 82
But of the $144,730.37 charged to the account of current expenses,
at least $20,000 might with propriety and should be charged to the
account of reconstruction, which would reduce tho former account
to $124,730.37, and increase the net income to $127,200.82, or fifty?
one per cent, upon the gross receipts. This sum of $20,000 is made
up of items of expense in transportation, made necessary hy the
break in the road, such as boating, hauling, transportation of
materials for reconstruction, extra use of trains, &c, &c. This result,
under all the disadvantages to which we were subjected, considered
in connection with the fact that, during the early part of the year,
very little business was offering, in consequence of the great
scarcity of money, so close upon the termination of the war; and
added to that, the almost entire failure of thc cotton crop of last
year, necessarily reducing the receipts for both transportation and
travel, can but be gratifying, and clearly shows that when our State
and people shall have regained their former prosperity, and the
road and rolling stock is improved and prepared to do the business
then created and offering, with promptness and despatch, wc may
with confidence, hopo and expect for your road, a career of usefulness
to the public and profit to- the stockholders.
There has been expended dining tho year for reconstruction and
repairs, made necessary by the war and freshet, $157,086.34. This
whole account for reconstruction might with propriety and perhaps
should be-charged to the account of the original cost of the road.
Much th?-large* portion of it was niouey expended in replacing
what was destroyed by thc war, and not the result of wear, decay or
any natui'?l cause,'and certainly cannot be charged" to the account
of current expenses.. . t
The bonded debt of the Company on theist day of January 1867,
was as" follows:
Of thc original $800,000, first mortgage
bonds, there are $326,000 outstanding
and ii ot retired, as follows:
Due 1st January, 1862.'. $3,500 00
" 1st July, 1862. 12,500 00
" 1st July, 1863...,,. 151,000 00
" 1st March, 1864.' 159.000 00
-$326,000 00
Bonds guaranteed by the State under the
Act of January 28, 1861, viz:
Issued 1st July, 1861, due 1st july, 1881.. $250,000 00
" 1st July, 1862, duo 1st July, 1882.. 250^00 00
" 1st July, 1863, due 1st July, 1883.. 124,000 00
.* ; , --- $024,000 00
Bonds not secured by mortgege or other
hen :
Issued 1st July, 1855, due 1st July, 18G5.. $350,000 00
1st Ju)y, 1858, due 1st July, 1868.. 250,000 00:
- $600,000 00
$1,500,000 00
Coupons outstanding on 1st Mortgage
Bonds, and interest on the face of
1 Bonds,. from date of maturity to 1st
January, 1867.$100,292 50
Coupons outstanding . on guaranteed
Bonds to 1st January, 1867 . 213,657 50
Coupons outstanding on non-mortgage
Bonds, and interest on the face of those
past due from thc date of maturity to
1st January, 1867. 170,345 00
-? $484,295 00
Whole amount of Bonds, Coupons and interest, to 1st
January, 1867.. $2,034,295 00
The Board of Directors, by a resolution, have agreed to allow
interest on coupons from the date of maturity to thc date of settle?
ment; also upon the face of bonds past due, the same as if they had
been renewed at maturity, with coupons attached. The foregoing
calculation of interest is not made in accordance with that resolu?
tion.
Under the provisions of the A ct of the Legislature of January
28, 1861, upon retiring and depositing with the President of the
Bank of the State $200,000 more of the bonds, secured by mortgage,
the Comptroller-General is directed to endorse $200,000 more of
the bonds af tho Company; thus completing the endorsement of
$900,000 authorized by the said Act. To enable the Company to
retire the $200,000 of the bonds secured by mortgage, thc Company
have the following assets:
Mortgage bonds in the hands of Treasurer.. $74,000 00
Guaranteed bonds in the hands of Treasurer, 76,000 00
Leaving to provike for. 50,000 00
-$200,000 00
This, according to the Act of the Legislature, will retire the whole
amount of the principal of the 1st mortgage bonds, except $50,000,
which was deposited in the Bank of the State in 18(53, to be used
in the purchase of said bonds, and lost at termination of the war.
At the last session of the Legislature, a bill was introduced,
amending and extending the Act of 1861, so as to increase the en?
dorsement of thc bonds of the Company by the State from $900,000
to $2,000,000-contemplating the funding of the entire bonded
debt of the Company by a renewal of bonds endorsed by tho State.
The bill was amended and passed, and ratified on the 20th day of
December, 1866-extending the amount to. be endorsed to $1,500,
000. Of which $1,250,000 is to be used in funding tho mortgage
and guaranteed bonds, and the interest in full, and $250,000 for
retiring the bonds and interest outside the mortgage, at one for
three. The statutory mortgage was also extended to $1,500,000, to
cover thc whole guarantee. The Acts of January 28, 1861, and
December 20, 1866, are herewith submitted. It will be necessary
for you to take action with reference to thc latter Act. The bonds
under it have not been issued; it was thought best to await your
action; and if thc provisions of thc Act are accepted by you, arrange?
ments have been made for engraving and printing the bonds at
once. Although the provisions of the Act as passed, are not what
j we desire in every particular, it will perhaps be advisable to accept
it.
The Boad of Directors, by a resolution, have directed the Presi?
dent to execute a second mortgage upon the property and estate of
the Company for $1,500,000, and to issue bonds and certificates of
indebtedness under it; and if tln? Act of the Legislature above alluded
to is accepted by you, then holders of non-mortgage bonds and the
interest on them, will bc offered in exchange for them-either State
guaranteed bonds, at one for threo, or bonds and certificates of in?
debtedness under tho second mortgage, at par; and holders be al?
lowed to select the class preferred by them upon the above terms.
By a resolution of the Board of Directors, the bonds and certifi?
cates of indebtedness under the second mortgage will also ba offer?
ed to all persons haring claims of whatever kind or nature against
the Company, in settlement.. The bonds and certificates of indebt?
edness under the second mortgage have been prepared. is not
contemplated to issue the whole amount of $1,500,000 nt once, but
to issue them from time to time, as circumstances may require.
The floating debt of the Company on the 1st day of January, 18G7,
was ns follows:
Confederate debt to May 1, 1865, which 4
will bo scaled to present currency..... $110,062 56
Indebtedness from May 1 to December 31,
1865. 65,819 10
Bills Payable, Company's Change Bills
and transient creditors to January 1,
1866.'. 15,227 70
Unpaid Voucliers and Pay Rolls of 1866,
1st January, 1867. $70,460 86
Bills payable-made in 186(5. . $121,395 45
Less paid in 1866. 29,195 23
- .$92,200 22
$197,109 36
$171,661 08
$368,770 44
Payments in lr 6 on accounts prior to
1866. $56,543 08
Company's Chango Bills redeemed. 260 00
Partial payments and balance Cash,
December 31, 1866. 25,824 57
Balance due from Agents, December 31,
1866.:_ 15,764 85
Due from United States for Mail and
Transportation.-. 10,132 34
$108,524 84
"Whole amount floating debt unprovided for, January
1, 1867. $260,145 60
Viz;
Confederate debt account to bc scaled
down.$116,062 56
Balance due on bills-payable January 1,
1867. 106,817 52
Balance due on other accounts, 1865 and
1866 . 37,335 52
-$260,245 60
Payments on bills payable since January 1, 1867. $23,893 02
The amount paid for reconstruction to January 1,
1867, is as follows:
Payments on repairs of track in 1865... $58,450 73
1866. .. 153,569 97
Amount vouchers, &c, not closed. 36,187 20
$248,205 90
To which may bc added an approximate estimate of
the loss sustained by burning offices, depots and
platforms, engines and cars, by Gen. Shennan, in
February, and Gen. Brown, in May, 1865, and
injury sustained by locomotives and cars, while up
the Charlotte Road, sa^-. $75,000 00
Approximate estimate of the loss and damage
sustained by the war and freshet. $323,205 90
In accordance with a resolution adopted by you at your last
annual meeting, I have had prepared a statement of the assets of
the Company, lost by thc collapse of the Confederate Government,
viz:
Transportation accounts for 1863, 1864 and 1865, to
May 1, 1865. $469,877 08
Confederate States Posl Office account. 23,625 00
Accounts for transportation of Southern Army, after
the surrender of Generals Lee and Johnston,
1865, ignored by United States Government. 55,923 94
Confederate States Notes on hand. $51,142 00
Bonds " . 325,000 00
$549,426 02
$376,142 00
Total.'..?. $925,568 02
The tables of the Auditor and Trersurer, herewith submitted,
give a clear and satisfactory statement of the operations of the
present year.
I refer to the" report of the General Superintendent, and the
table of the Foreman at the work-shops, for the condition of the road,
rolling stock and materials on hand January 1, 1867. Both these
officers have exhibited an energy and devotion to the interests of
the company which entitle them to your utmost confidence. Not
withstanding the locomotives and cars have been so heavily tu"*jtf*ir
to do the business of the road, by tho skill, industry and perseveli"
ence of Mr. James O. Meredith, Foreman of the work-shops, their
condition has been materially improved. With a small force and
using great economy, he has been able not only to keep the,
rolling stock in fair running order, but to build new work.
The want of additional cars very seriously embarrasses the work?
ing of tho road. On that account alone, the freights have some
times accumulated in the depots in Columbia ; and to parties not
informed, might appear to be tho result of negligence, which is
very far from being the case. All the agents and employees en?
gaged in the transportation department have exhibited an untiring
energy in the discharge of their several duties, which is rarely
excelled. The conduct and bearing of all tho employees, with very
few exceptions, have been commendable. I respectfully refer to the*
recommendations of the General Superintendent, as to the necessity
of providing an additional number of cars for the business of next
fall and winter. Large quantities of guano and other fertilizers
have been sent up the road, and extensive preparations have been
made for a crop; and if tho hopes and expectations of the planters
are realized, as large a business will be offered to your road next
winter as at any previous time.
At the last session of tho Legislature, an Act was passed renew?
ing for five years the amendment to your charter, authorizing the
construction of a branch of your road from some point on the main
track, "West of Saluda Uiver, to connect with the South Carolina
Railroad) at or East of Aiken.
No action lias been taken since your last annual meeting with
reference to the new route "West of Broad River, from Columbia to
Frog Level. The embarrassed condition of the finances of the
Company and the general state of the country, seemed to forbid for
the present any action in the matter.
I am unwilling to close this report without referring to tho futuro
prospect of your road, and its importance to the country through
which it passes. The road, with its branches, is one hundred and
sixty-four mik s in length, and penetrates one of the finest and
most desirable sections of the country in the South. The salubrity
of the climate is equal to any in the world; its immense water
power, which it is believed will soon be brought into use, is
unlimited, and the fertility of the lands and their capability of being
so easily and cheaply improved by a different system of cultivation,
all look to a prosperity in the future which it has never before en?
joyed; and it is confidently believed, that tho day is not far distant,
when it is to form one of the important connecting finks between
tho sea-coast of our State and the great "West, and that its line is to
be the great inlet into our State of the immense trade and travel of
that section; thereby bringing wealth and prosperity to our people.
H. P. HAMMETT, President.
COLUMBIA, April 24, 1867.

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