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Full text of "Proceedings of the stockholders in the Richmond and Petersburg Rail Road Company, at their general meetings: and reports made by the president and directors to the stockholders"

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PROCEEDINGS 



STOCKHOLDERS 



RICHMOND AND PETERSBURG 



RAIL ROAD COMPANY 



AT THEIR 



GENERAL MEETINGS, 



REPORTS 



BY THE PRESIDENT AND DIRECTORS 



THE STOCKHOLDERS. 



RICHMOND : 

PRINTED BY THOMAS W. WHITE. 
1837 



FIRST 
MEETING OF THE STOCKHOLDERS, 

HELD MAY 5, 1S36. 



John Allison, Esq. was appointed Chairman of the meeting, 
and William P. Sheppard, Secretary. ■ 

The list of stockholders having been called over, a number 
entitled to a majority of all the votes which could legally be 
given were found to be present. 

The following resolutions were adopted by the meeting : 

'Resolved, That the following duties be assigned to the Presi- 
dent, subject to the control, at all times, of the Board of Directors : 

When stockholders in the Manchester and Petersburg Turn- 
pike Company shall desire to transfer their stock to this Company, 
to see that the transfers are properly made before the value of the 
stock so transferred is paid : 

To agree with the owners of any lands on the line of the rail 
road, which may be wanted for the purposes of the Company, 
and obtain releases of damages where practicable ; where no 
agreement can be made, to take the necessary steps to have the 
damages assessed for any lands which may be taken or required 
for the purposes of the Company : 

To enter, at the proper period, into such negociations or ar- 
rangements with the Post Office Department, (subject to the 
approbation of the Board of Directors,) in relation to the trans- 
portation of the mail, as the case may require ; and in general, 
to watch over and supervise such interests of the Company as 
may not be specially committed by the Board of Directors to 
their Engineer. 



32 

Resolved, That ihe salary of the President he twelve hundred 
dollars per annum, payable quarterly by the Treasurer. 

The meeting then proceeded to the election of a President and 
five Directors, in pursuance of the act of incorporation ; where- 
upon 

William H. Macfarland, Esq. was elected President ; and 
Messrs. John D. Townes, Robert B. Boiling, and P. C. Osborne, 
of Petersburg, and Messrs. Conway Robinson, and Richard B. 
Haxall, of Richmond, were elected Directors. 

Resolved. That the annual meeting of the stockholders in this 
Company shall be held on the first day of May in each year, 
unless that should happen to be Sunday, and then, on the next 
day : that the place of meeting be the office of the Treasurer 
and Clerk, unless before the day of any annual meeting some 
other place be fixed by the President and Directors, and public 
notice be given thereof; and that the hour of meeting be 10 
o'clock. 

And then the meeting adjourned. 

JOHN AT^LISON, Chairman. 

Wm. p. Sheppard, Secretary. 



SECOND 
MEETING OF THE STOCKHOLDERS, 

HELD MAY 2, 1837. 



On the 1st, which was the day appointed for the annual meet- 
ing, there was not a sufficient number of stockholders in attend- 
ance to proceed to business, and they adjourned over to this day. 

Dr. P. C. Spencer was appointed Chairman of the meeting, 
and William P. Sheppard Secretary. 

On calling over the list of stockholders, a sufficient number 
were found to be present, (either in person or by proxy, for the 
transaction of business,) to constitute a quorum, and the meeting 
proceeded to business. 

The following Report was presented by the President and 
Directors, which was received and approved by the meeting : 

REPORT. 

The President and Directors have the honor to submit to the 
general meeting of the stockholders of the Richmond and Pe- 
tersburg Rail Road Company the following report : 

The Company was organized on the 6th of May last, when 
the subscribers to the stock, assembled in general meeting, pro- 
ceeded to elect a President and five Directors. On the 13th of 
the same month the President and Directors held their first meet- 
ing, appointed an Engineer and Treasurer, adopted measures to 
secure the early commencement and vigorous prosecution of the 
improvement ; and passed such other regulations as were sug- 
gested by a due consideration of the interests of the Company. 
The Engineer selected was Moncure Robinson, Esq. who has 
long been most favorably known in this community, and who 



34 

had had an important agency in directing public attention to the 
advantages of connecting, by a rail road, the city of Richmond 
with the town of Petersburg. The Bank of Virginia was select- 
ed as the receiver of all moneys of the Compan}'^, into which the 
payments upon the stock, as they were called for, were directed 
to be made ; and all checks were required to be signed by the 
Treasurer, William P. Sheppard, and countersigned by the Pre- 
sident. 

The construction of the road was commenced at an early day 
after it was authorized. It wiU be perceived, by referring to the 
report of the Assistant Engineer, Mr. Sanford, that about one 
half of the earth-work is completed, and that the remainder may 
be expected to be finished by the first of December next. The 
whole of the rail-way superstructure, with the exception of four 
miles, has been put under contract ; and we have the authority 
of the Assistant Engineer for saying, that the whole line of the 
improvement, from the southern margin of the James river to the 
Appomattox, will be finished and ready for use by the close of 
the present year. 

The bridge across the James river is now in a course of execu- 
tion. Two piers have been finished, and a third is in a state of 
great forwardness ; a large proportion of the rock has been quar- 
ried and prepared for use ; the timbers have been contracted for, 
and a portion is expected soon to be delivered ; and the Engineer 
reports that the bridge may possibly be finished in the course of 
the year, but that its completion cannot be calculated upon with 
certainty earlier than the spring. The stone which is employed 
in the construction of the bridge, is found immediately at the 
southern abutment, and is in great quantity, and of very superior 
quality, not surpassed, perhaps, by any in any part of our country. 

It has not yet been decided at what point it was most expe- 
dient to cross the Appomattox into Petersburg. The stockhold- 
ers are aware that the act of incorporation restricts the range of 
selection to such limits as the citizens of that town, in general 
meeting assembled, might prescribe ; and it has been found, by 
recent surveys, that a slight extension of the limits indicated by 



35 

the citizens, might enable the company to obtain a better and 
cheaper line. It is hoped the citizens of Petersburg will consent to 
the proposed alteration ; and it has been decided to submit the 
question to their consideration. 

The acquisition of a site for a depot on the southern end of 
the line will be effected as soon as the preliminary question as 
to the point of crossing the river is detennined. It may be rea- 
sonably calculated that the bridge across the Appomattox will 
be finished about the time that the one over the James river is 
prepared for use. 

The ground selected for the depot at Richmond is on a line 
with the bridge, and is between the river and the basin. It was 
purchased at a price that was ascertained by the award of the 
referees, to whom the question was referred by the former proprie- 
tor and the Company. 

Contracts have been made by the Engineer, during his visit to 
England, for the locomotives and cars for the use of the Company, 
and he will contract also for the necessary iron. 

The General Assembly, by an act of the last session, author- 
ized a subscription for the stock of the Company, of 2,000 
shares, by the Board of Public Works, which has raised the 
capital to $500,000, and made the state the proprietor of two- 
fifths thereof. As the act of incorporation provided that the 
stockholders should have the privilege of subscribing to the new 
stock, a circular was addressed to them, submitting it as expe- 
dient that they should waive the privilege so far as to admit the 
state to subscribe for the usual proportion of two-fifths of the 
capital. The stockholders acquiesced, and accordingly an appli- 
cation was made to the Legislature, asking for the ordinary sub- 
scription, which led to the act referred to. The order of the 
Board, proposing to increase the capital, or rather to fill up the 
amount originally proposed, under which the proceedings refer- 
red to were had, contemplated an increase of capital of $300,000, 
sixty of which it was supposed would be taken among the stock- 
holders, and the remainder by the state. As, however, in nume- 
rous instances, the stockholders were not heard from, and some 



36 

declined, it was afterwards thought advisable, as an early dispo^ 
sition of the application to the Legislature was deemed import- 
ant, not at that lime to press the effort to enlarge the capital to 
$600,000. It was moreover the opinion of the Assistant Engi- 
neer, who prepared and submitted a table of cost, that the expense 
of the improvement would fall below the former estimate, and 
that a sum less than the amount originally estimated would cover 
the whole cost. 

The charier imposed upon the Company the obligation to 
purchase out the slock of the Manchester and Petersburg Turn- 
pike, or such portions of it as should be conveyed Within a 
certain period, at a price to be ascertained by referees or com- 
missioners. The slock has, with the exception of a small 
amount, been all transferred. The price fixed upon by the arbi- 
trators was $30 per shave, and in addition, the Company was 
held bound for some debts of that Company, for which the Direc- 
tors were personally responsible. The stock amounts, in the ag- 
gregate, to about $21,870 ; the debts referred to have been 
reduced by payments made out of the revenue of the Turnpike 
Company, and a still further reduction from the same source may 
be expected, so that the precise amount which this Company will 
ultimately have to pay, cannot now be ascertained. It may be 
put down at about $24,000. What income may be expected from 
the turnpike, when the rail road shall be put in use, cannot now 
be foreseen with accuracy ; the travel and transportation upon it 
must to a great degree cease, and for that reason whilst the 
receipts may not be large, the expense of keeping it in repair 
will be small. It yielded, in the year ending on the 1st of De- 
cember, a revenue of $2,900 99. It will probably be found that 
the future receipts will abundantly authorize the small charge 
which may be necessary to keep the road in repair. 

The disbursements of the Company, and the respective heads 
under which they were made, will be seen by refeiTing to the 
accompanying statements of the Treasurer and Engineer. 

There has been called for, of the individual stockholders, thirty 
per centum upon the slock : and, with some few exceptions, the 
requisitions have been met with punctuality. 



37 

The Board of Public Works, to meet the payments due upon 
Iheu' stock, and the future requisitions as they shall be made, 
have advertised for a loan under the act of the General Assem- 
bly, which is expected to be disposed of on the 17th inst. 

The Board congratulates the stockholders upon the prospect of 
the early completion of the road, and the profit which may be 
surely expected from the investment. The roads, both north and 
south of our line, have fully attested their usefulness to the pub- 
lic, and shown that they may be relied upon for a large and 
increasing income to the proprietors ; and it cannot but happen, 
that the road from Richmond to Petersburg, which connects the 
line, must be both useful and profitable. 

Independent of the sources of profit which it will enjoy in 
common with the roads on its southern and northern terminations, 
it will possess others peculiar to itself, in the great and increasing- 
intercourse both of travel and transportation between Petersburg 
and Richmond. That intercourse alone must aflford a large in- 
come to the Company, and constituting as it does, but a fractional 
part of the receipts which may be relied upon, there is abundant 
cause for flattering and confident expectations from the stock. 
In every similar enterprise, which has been judiciously located, 
it has been found that large and unexpected sources of income 
have been developed, under the benign operation of the improve- 
ment : that too, it may be anticipated, will be the experience of 
this Company. And as there are known and ascertained sources 
of income which abundantly authorized the investment, our line, 
considered in reference to its productiveness and public useful- 
ness, may challenge comparison with the most favored. Besides, 
that it will be a productive investment, it will be one that is 
safe, and not liable to the casualties to which some other employ- 
ments of capital are exposed. The longer it is in use, the greater 
will be the state of prosperity to which it may be expected the 
road will attain. Entei-prise is now busy at the south, in pushing 
onwards the line of rail road improvement ; and lying, as our road 
does, in the direction of the great southern and northern travel, 
and the inail, its importance to the public, and value to the pro- 

2 



38 

prietors, must be increased, as new roads shall be brought into 
use. 

On motion, 

Resolved, That the report of the President and Directors be 
approved and accepted, and, with such portions of the accompa- 
nying documents as they may think proper, be printed, under 
theii' direction, for the use of the stockholders. 

The meeting then proceeded to the election of a President and 
three Directors ; whereupon, 

Wm. H. Macfarland, Esq. was unanimouslj' re-elected Presi- 
dent ; Messrs. Robert B. Boiling and P. C. Osborne of Peters- 
burg, and Richard B. Haxall of Richmond, were re-elected Di- 
rectors. 

Messrs. John D. Townes and Holden Rhodes being the Direc- 
tors appointed by and on behalf of the Board of Public Works, 
the Board of President and Directors was then declared to be 
filled. 

And then the meeting adjourned. 

P. G. SPENCER, Chairman. 

Wm. p. Sheppard, Secretary. 



ENGINEER'S REPORT. 



T^o the President and Directors of the 

Richmond and Petersburg Rail Road Company. 

Gentlemen, — I have the honor to lay before you the follow- 
ing report of the present state of the Richmond and Petersburg 
Rail Road, comprised under the following heads, viz : The loca- 
tion of the line ; the amount of work contracted for ; tlie portion 
now finished ; the present force employed, and probable time of 
completion. 

The location commences at the intersection of Eighth and B 
streets, in the city of Richmond, being the site for the depot ; 
from thence the Ime bears southwesterly through the middle of 
Eighth street, and across James river ; it then deflects to a gene- 
ral course, a few degrees west of south, until it strikes the nar- 
rowest and most depressed point of the highest belt of land be- 
tween the James and Appomattox rivers. This point is twelve 
mUes from the commencement, and one and a half miles west of 
the Manchester and Petersburg turnpike, thence bearing south- 
easterly down Ashton swamp, and striking the bottom lands of 
Mr. John Walthall's plantation, six miles from Petersburg, and a 
short distance east of the turnpike ; from thence the line continues to 
Petersburg nearly parallel to the turnpike. This location has proved 
more favorable than was anticipated, as the maximum grade has 
been reduced to thirty-one and two thirds feet per mile ; the curve 
of shortest radius being nineteen hundred and ten feet, is at Pe- 
tersburg ; but this is partly upon a level, and partly upon a grade 
of only twenty-five feet per mile ; therefore the grades and curves 
taken in conjunction, will present much less impediment to trans- 
portation than those of the roads upon the north or south of it. 

The earth-work has generally been very favorable ; the exca- 
vations dry, and the road-way firm. The cost of this will be 



40 

about $135,000, of which has been finished a portion amounting" 
to $57,000 ; and judging from the present force employed, being 
about three hundred men and one hundred carts, and also from 
the time taken in executing the above amount, being at an ave- 
rage of six months since it was put under contract, I am confi- 
dent that the whole will be finished by the 1st of December next ; 
in the meantime, the rail-way superstructure will be placed upon 
such sections, and parts of sections, as will from time to time be 
completed. 

The rail-way superstructure is under contract, with the excep- 
tion of four miles ; but the rails and sills are being prepared for 
this as well as for all other sections of it, so that the track will 
be laid as soon as the earth-work shall be sufficiently advanced, 
in order that the whole may be finished by the end of this year. 
The contracts entered into will amount to nearly $49,000, and 
the estimated amount of work done, and materials delivered, is 
$7,000. There are fifty hands employed at this work, upon and 
near the line. The greatest quantity of tiinber, however, will be 
brought from the neighborhood of Suffolk and the Dismal Swamp. 
The brick-work and carpentry of the Richmond depot have 
been contracted for, and will be commenced in a few days. 

Two piers of the James river bridge are finished ; a third is 
nearly to its height ; two others and the southern abutment have 
been commenced ; also, two-thirds of the quantity of rock for the 
remainder is quarried and dressed. A vessel, laden with timber 
for it, is on the way from Baltimore ; upon the anival of which the 
framing will be commenced ; and although it is possible to finish 
this work by the end of this year, we cannot safely calculate 
upon it before next spring. The masonry will cost about $30,000, 
of which a portion amounting to $9,000 is done. 

The superstructure for Falling Creek bridge is framed, and 
much of the timber for that over Swift Creek is sawed, and 
quarries opened for each work. 

The greater part of the rock is delivered at the culverts ; the 
masonry of the one over Kingsland Creek is now going on, and 
the others will be commenced shortly. 



41 

The amount of masonry in culverts, drains and bridges at 
Falling, Swift, and Old Town creeks, as per contracts, $40,000, 
and the amount done, $6,000. The force employed at the ma- 
somy throughout the line, is eighty men and twenty teams. 

Arrangements are being made for the iron, locomotive engines, 
and running geer of cars, by the Chief Engineer, in England, 

The whole amount of work contracted for, and estimated por- 
tion done, will, in the aggregate, be nearly as follows : 

Amounts Amounts 

contracted for. clone. 

Earthwork, ... - $135,000 $57,000 

Rail-way superstructure, - - 49,000 7,000 

Bridge superstructure for James river, Fall- 

mg. Swift, and Old Town creeks, - 63,000 4,000 

Richmond depot, - - - 4,000 0,000 

Masonry of James river, Falling, Swift, and 

Old Town creek bridges, culverts, and 

drains, . . . . 73,000 15,000 



Totals, - - $324,000 $83,000 

In conclusion, I am happy to state that no unforeseen difficul- 
ties have impeded the progress of the work ; and things continu- 
ing favorable, the road will be opened by the end of this year 
between the southern bank of James and northern bank of Appo- 
mattox rivers, whence travellers can be conveyed in omnibuses to 
Richmond and Petersburg. 

Respectfully submitted. 

CHAS. O. SANFORD, 

Principal Assistant Engineer. 
Richmond, April 29, 1837. 



DISBURSEMENTS 

By the Treasurer of the Richmond and Petersburg Rail Road Com- 
pany, from the 16ih May, 1836, to the 1st May, 1837. 



Paid to stockholders of Manchester and Petersburg 
Turnpike, for stock transfen-ed to Rail Road 
Company, at $30 per share, - - - $19,470 00 

on account of debt of $3,000, due from Turn- 
pike Company at Fanners' Bank, - - 750 00 

for preliminary surveys, - . . . 2,796 87 

contingent expenses, .... 1^905 22 

engineering expenses, .... 12,585 00 

on account of purchase of lots in the City of 

Richmond for a depot, .... 6,359 61 

on account of contract made by Chief Engineer 

in England, for engines and cars, - - 6,000 00 

on account construction of work, - - - 60,818 62 



$109,685 32 

WM. P. SHEPPARD, Treasurer. 
Richmond, May 1, 1837. 



PROCEEDINGS 



STOCKHOLDERS 



RICHMOND AND PETERSBURG 
RAIL ROAD COMPANY, 

AT THEIR GENERAL MEETINGS, 

AND 

REPORTS 

MADE BY THE PRESIDENT AND DIRECTORS 

TO 

THE STOCKHOLDERS. 
Third Meeting-, 14th IVIay, 1838. 



RICHMOND: 

PRINTED BY THOMAS W. WHITE. 

1838. 



THIRD 
MEETING OF THE STOCKHOLDERS, 

HELD ON MONDAY, MAY 14, 1S38. 



On the 1st, which was the day appointed for the annual meet- 
ing, there was not a si;fficient number of stockholders in attend- 
ance to proceed to business, and they adjourned over to this day. 

Dr. P. C. Spencer was appointed Chairman of the meeting, 
and John Williams Secretary. 

The roll of stockholders was called, and it appearing that 
there were present, in person or by proxy, private stockholders 
ciitLtlfifl to 654 votes, and the proxy of the Board of Public 
Works, entitled to 40S votes, being in all 1062 votes, (the whole 
number of votes that could be given bemg 1387,) the meeting 
proceeded to business. 

The following Report was presented by the President and 
Directors, and read. 

REPORT. 

The President and Directors have the honor to submit to the 
general meeting of the stockholders of the Richmond and Peters- 
burg Rail Road Company the following report. 

The operations of this Company during the past year, have 
been carried on under circumstances of great difficulty, arising 
wholly from the disordered condition of the credit and currency 
of the country. The suspension of specie payments, which took 
place a few days after the last general meeting of the stockhold- 
ers, found this Company in a condition to feel, with peculiar seve- 
rity, the universal distress and embarrassment which attended it. 
Thirty per cent, only of the capital stock had been called for, of 
which a part was in arrear ; and so much as had been received was 



46 

expended. The whole line nearly was under contracts ; and full 
supplies of materials, engines, cars and machinery had been en- 
gaged ; and the Board, unable to suspend the work without very 
serious loss to all concerned in it, were compelled to carry it on 
chiefly by means of requisitions upon the stockholders, most of 
whom were suffering in their private affairs under the general dis- 
tress, and disheartened by the gloomy aspect of the future. Not 
only were the necessary supplies of money difficult to be obtained, 
but, all credit being destroyed, larger supplies of money than would 
otherwise have been necessary were required. And, in aggrava- 
tion of the evil, the subscription was unequal to the completion of 
the work ; so that the requisitions were, of necessity, larger and 
more frequent than if an adequate capital had been originally 
permitted. It was very soon ascertained that requisitions could 
not be relied on to meet the urgent demands of the work. By 
an order of 31st May, the Board required 15 per cent, of the 
capital to be paid, in equal instalments, on the 12th June anrl lot 
July and August. The call was not answered beyond a very 
small extent. As a measure of relief to the stockholders, the 
bonds of the Company, bearing interest, and payable at twelve 
months, were issued to the contractors ; but they were found a 
very inadequate substitute for money. Under these circumstances, 
the Board applied for, and obtained from the Executive, a loan 
out of a fund belonging to the commonwealth, of $98,065 83, 
at an interest of 6 per cent., payable semi-annually, the principal 
to be repaid within sixty days after it should be required by the 
Executive, or the General Assembly. Mr. Macfarland, then a 
member of the council of state, and filling the office of Lieute- 
nant Governor, in the absence of the Governor, finding it incom- 
patible with his nice sense of propriety to complete, while he held 
the office of President of this Company, the forms of the loan 
which the Governor had previously ordered, and in all its parts 
prescribed, resigned his office as President, and ceased, at the 
same time, to be a stockholder in this Company. Holden Rhodes, 
then a director on the part of the state, was appointed hy the 
Board to fill the vacancy so created ; and William Williams was 



47 

soon after appointed by the Board of Public Works a director in 
his stead. 

The loan thus obtained afforded timely relief, and aided by a 
further advance from the Board of Public Works of $28,000, in 
November, and b}^ the laudable efforts of the stockholders, in the 
midst of their private embarrassments, to meet their engao;ements 
to the Company, the Board were enabled to proceed with the 
work, not without difficulty or delay, but without suspension. 

Further requisitions were called in August, am.ounting in all to 
35 per cent., payable 6 per cent, on the 1st October, November, 
December, January and February, and 10 per cent, on the 1st 
March ; and in March another requisition of 10 per cent, was 
called, payable on the 30th April, leaving but 10 per cent, of the 
private subscription uncalled. 

Anxious, as far as possible, to relieve the stockholders, to provide 
a fund which would extinguish the debt due to the common- 
Wealds, and to complete the road so far as has been heretofore 
directed, the Board, on the 1 2lh December, authorized the sale in 
Europe of coupon bonds of the Company, to an amount not 
exceeding $150,000, in sums of £300 sterling, payable on the 
1st January 1853, bearing 6 per cent, interest, payable semi- 
annually in London. Of these bonds, ten only had been sold by 
the last advices. It is believed that if it should be the pleasure of 
the stockholders to authorize the Board to make the remaining 
bonds convertible into stock, they would well be worth, and readi- 
ly coirrmand a large premium. The Board would decidedly 
recommend such a measure. 

The Board of Public Works was requested, in December, to 
recommend to the General Assembly an advance to this Com- 
pany of what remained to come due of the state's subscription ; 
such advance to bear interest as a loan, until it should become 
applicable as a payment to the Company. The request was 
promptly complied with, and the advance was accordingly recom- 
mended in very earnest terms by the Governor in his annual mes- 
sage. It was authorized by the House of Delegates. In the 
Senate, however, though not denied to be in itself just, free from 



48 

objection, and recommended by obvious considerations of public 
policy, it was attempted to be burthened with conditions not less 
injurious, in the opinion of the Board, to the Commonwealth than 
to the Company. Upon a conference between the two houses, 
these conditions were subsequently mitigated; and by a law 
passed on the 30th March, and herewith submitted to you, the 
advance was authorized ; and also a loan to the Company, if 
required, of $150,000 for a short time, including the amount pre- 
viously borrowed of the Executive. It will be for you to decide 
upon the acceptance or rejection of both, upon the terms proposed 
by the act. 

No preparations have yet been made for canying the road 
across the Appomattox into Petersburg. It being thought desi- 
rable that the limits heretofore prescribed by the citizens of that 
town should be extended, and little doubt being entertained that 
such extension would be accorded by them, an act was passed by 
the General Assembly, at the last session, conferring upon tb© 
citizens the necessary authority to grant it. It is understood, 
however, that a meetmg for that purpose has been held, and that 
the proposed extension has been refused. It is for you to decide 
whether, in the present condition of the Company, and under all 
the circumstances of the case, it is expedient, particularly at this 
time, to proceed further in that direction. 

This Company is now the proprietor of 739 shares of stock in 
the Manchester and Petersburg Turnpike Company, being the en- 
tire capital, with the exception of 21 shares, which are held by indi- 
viduals in small parcels. The time has passed within which the 
private stockholders are authorized to require this Company to 
purchase their shares at the assessed price. In respect to a por- 
tion of the outstanding stock, it may well be presumed that the 
transfer to this Company has been only prevented by the incom- 
petency of the holder to make it. In such, or like cases, where 
there has been no intentional delay, and the holders are desirous 
to make the transfer, it would seem to the Board, unless otherwise 
iiistructed by you, that it should be accepted. The gross receipts 
of the turnpike for the year ending on the 31st December, were 



49 

$2,681 45, from which the expenses, $874 02, being deducted, 
a net income remains of $1,807 43, which has been apphed to 
the debts of that Company. These debts are now believed not 
to exceed $2,500. When the rail road shall be in full operation, 
the receipts of the turnpike will be reduced to a small amount ; 
but it is hoped that enough will still remain to extinguish the 
debts and defray the charges of the road. 

An aiTangement has been made with the Chesterfield Rail 
Road Company, for the convenient transfer from their road to 
this, of all coal designed for Richmond or Petersburg. By a 
slight elevation of their road at the point of intersection, the road 
of this Company is permitted to pass under it, thereby facilitating 
the transfer of the coal, and obviating all danger of collision. A 
double track is designed to be extended from that point to 
the depot in Richmond ; and with a view in part to the accom- 
modation of the coal trade, and in part to the more convenient 
wreo-agement of the workshops, the ground-plat of the depot in 
Richmond has bterL enlarg^ed so as to secure a front of sufficient 
■ extent on 9th street. 

The land damages have been, with a few exceptions, assessed 
throughout the line. In some instances the assessments have 
been confirmed, and it has been the desire of the Board in all 
cases to confirm them, unless they were liable to very strong 
objections. Upon one half the line they have been accordingly 
confirmed, except when the proprietor was himself dissatisfied. 
Upon much of the other half, they have so far exceeded every 
reasonable estimate, as in some cases nearly to reach the entire 
value of the tract, and in several others to go far beyond the value 
of the land cut off from the main body by the road. With every 
disposition to avoid controversy, the Board could not submit to 
such assessments ; and they are taking, so far as they can, ami- 
cable measures to reduce them within proper bounds. 

The disbursem.ents of the Company will be shown by the 
accompanying statements of the Treasurer and Principal Assis- 
tant Engineer. And the report of the latter will also show the 
progress and present condition of the work, and the amount 
required to complete it within its present limits. 



50 

Notwithstanding the adverse circumstances which, during the 
past year, have impeded their operations, the Board have now 
the gratification to announce, that the road is open and ready for 
use from the depot in Pocahontas to that near Manchester, and 
that the completion of it to the depot in Richmond will not be 
long delayed. This gratification is not alloyed by any apprehen- 
sion that the future and permanent usefulness and productiveness 
of the improvement will fall short of the sober and rational anti- 
cipasions which gave rise to it. It is true, as was foreseen in the 
beginning, that this improvement, for its length, is somewhat more 
expensive than the roads north and south of it. But, on the 
other hand, it is to be remembered, that the expenses of repairs 
and transportation will be proportioned, not to the cost, but to the 
length and use of the road; that the mechanical structures 
throughout the line are adapted to a double track, which at no 
distant day will probably be required, and may then be laid down 
at a very small comparative expense ; that the heaviest i*'^'" o^" 
expenditure, the bridge across James rivpr, v. Hi. be shared by 
whatever other rail roads shall be constructed from Richmond to 
the southwest, which must seek the same crossing. It is to be 
remembered, also, that Richmond and Petersburg are now begin- 
ning to feel the impulses of that commercial, and especially that 
manufacturing spirit and capacity, which, it were sheer blindness 
not to see, are destined, at no remote period, to place both in a 
condition of eminent prosperity, and must in the meantime 
increase, beyond all present conception, their intercourse with and 
through each other ; but, above all, that this improvement forms 
part of the great line of rail roads already nearly completed to 
the north, and rapidly extending itself into the south, opening, 
at every step, fresh sources of usefulness and profit. 

The Board have entered into no speculations upon the probable 
immediate receipts and expenses of the road. Its unfinished con- 
dition would render such speculations wholly uncertain ; and 
besides, it would be idle to anticipate, by conjecture, what expe- 
rience will so soon disclose. But though unwilling to hold out 
any promise of profits which may not be realized, there is little 



51 

hazard in repeating the opinion often expressed, and still enter. 
tained with undiminished confidence, that when the road shall 
have gone fully and fairly into operation, the stockholders will 
find the sources of immediate income at least equal to their origi- 
nal expectations. 

As soon as it was ascertained that the road might probably be 
opened by this time from Pocahontas to Manchester, provisional 
arrangements were made for putting it in use. This duty was 
assigned to the President, with full powers for the discharge of it. 
He has appointed Mr. Hopkins, the Engineer in charge of trans- 
portation on the Richmond, Fredericksburg and Potomac rail 
road, to the same office on this road ; and Mr. Coates, a skilful 
machinist, having some experience also in the superintendence of 
rail road transportation, to assist him. This arrangement seemed 
to be recommended by obvious considerations. The Chief Engi- 
neer, to whom this Company is under lasting obligations for the 
zealous and efficient manner in which his duties have been per- 
formed, had expressed the opinion that his services would not be 
required long after the year which hus now closed, and ciniiounced 
his purpose therefore to withdraw at the earliest period at which 
they could be dispensed with ; and in view of any further exten- 
sion of the road, it was necessary to secure the services of a skil- 
ful engineer. This end is perfectly attained by the employment 
of Mr. Hopkins ; and it was believed that his office in the other 
Company would not only not conflict with his duties to this, but 
would enable him to render important services, particularly in the 
outset, by affiarding to this Company whatsoever aid could pro- 
perly be drawn from the other. It is confidently believed that 
no other arrangement can be made so advantageous or economi- 
cal. The selection of the subordinate agents has been left, in 
the first instance, with Mr. Hopkins. 

A change in the office of Treasurer and Clerk was also made 
necessary as soon as active operations on the road should com- 
mence. Mr. Sheppard, finding that the office would then be 
incompatible with his other engagements, resigned it. His duties, 
greatly increased during the past year by the difficulties of the 

2 



52 

times, had been so ably and faiihfuUj' performed, that his resig- 
nation was accepted with reluctance. Mr. John Williams has 
been appointed to succeed him. 

No arrangement has been made with the Post OiTice Depart- 
ment for the transportation of the mail ; but proposals from the 
Department have been invited, and are daily expected. 

It remains for the meeting to make such further, or other 
changes in the administration of the affairs of the Company, as 
may seem to be rendered necessary or proper by the opening of 
the road. 

By the direction of the Board. 

H. RHODES, President. 



REPORT 

Of the Principal Assistant Engineer to the President and Directors 
of the Rir^hmond and Peiprshurg Rail Road Company. 

Gentlemen, — I have the honor of reporting to you the pre- 
sent state of the Richmond and Petersburg rail road. 

The portion of the road between the Manchester depot and the 
depot on the Appomattox river, is now ready to open for trans- 
portation ; the only work to be finished on this division, is the 
bridge for passing under the Chesterfield rail road, some timber 
work at water stations and depots, repairs of embankment, and 
excavation of ditches, &c ; all of which, however, are secondary 
matters, and will not interfere with the full operation of the road 
between the points above-mentioned. The first locomotive engine, 
with its train of cars, passed over this division of the road on 
Saturday last. 

Three locomotive engines have lately been received from Eng- 
land, two of which are now ready for use, and the third nearly 
so ; three other engines have been contracted for, one of which 
is expected to arrive in a short time Coaches for the accommo- 
dation of 100 passengers are upon the road, and others will in a 



53 

short time be provided; and a sufficient number of burthen cars 
will be in readiness upon the completion of the road to the Rich- 
mond depot, until when it is presumed that the transportation 
will be confined chiefly to passengers. 

The one and a half mile of road between the Richmond and 
Manchester depots, including the bridge across James river, v/ill 
be finished in all August. 

The masonry of aU the piers, and southern abutment of the 
James river bridge is completed, and the northern abutment is 
rapidly progressing. The other masonry yet to be built, is the 
guard walls for the protection of property on either side of A 
street, through which the rail road passes, and an archway for 
the passage of Franklin street under the rail road. 

Sixteen spans of the James river bridge superstructure are 
raised, twelve of which are finished, and the remaining three 
spans are framed, and will be raised in three weeks. The rail- 
way superstructure of this division will be commenced as soon as 
the small amount of grading is finished. 

Tlie depot at Richmond is completed, and the machine shops 
have just been commenced, for which the stationary engine and 
other machinery have all arrived. 

The following statement shows the cost of workmanship, ma- 
terials, and all other expenses of the line from Richmond to its 
present termination on the Appomattox river, up to the present 
time ; also the probable expenditure yet required to complete it. 

(For the expenditures, see the Treasurer's statement.) 

To be Expended. 

Grading, ..--.. $1,200 

Railway Superstructure, - - - 9,500 

James River Bridge, - - . - 19,400 
Chesterfield Rail Road Bridge, and two common 

Road Bridges, - - - - 1,250 

Depots, Shops and Water Stations, - - 10,100 

Masonry of Culverts, Drains. Guard Walls, &c. 6,360 

$47,810 



54 



Amount brought forward, - - $47,810 

Engineering Expenses, Officers' Salaries, Print- 
ing, &c. .... 3^000 
Locomotives, Cars, Coaches, Stationary Engine 

and Machinery, . - - . 46,400* 

Add for condemnation of lands, materials and con- 
tingencies, - - - - 27,100 



$124,310 

Respectfully submitted. 

CHAS. O. SANFORD, 
May 14th, 1838. Principal Assistant Engineer. 



STATEMENT OF THE EXPENDITURE 

Of the Richmond and Petersburg Fail Road Compamj, from thp 
commencement of the luork to the 1st of May, i83d. 

For Preliminary Surveys, - - - $2,856 87 

Graduation of Rail Road, - - 143,642 11 

Superstructure of Road, - - - 56,718 98 

Repairs of Road, .... 655 25 

Masonry, ..... 62,850 84 
Jame River Bridge — Masonry, - 32,793 64 

Superstructure, 44,640 00—77,433 64 

Falling Creek Bridge, - - - 9,475 83 

Swift Creek Bridge, - - - 7,673 68 

Rail Road Iron, - . . . 21,287 04 

Land Damages, Rock, &c. used - - 2,180 76 



$373,675 00 



* The estimate for this item is deemed sufficient to procure the requisite 
number of Engines, Cars and Machinery, for the commencement of opera- 
tions. Of course, as the amount of ti'ansportation is increased, it will be 
necessary to add to the motive power and cars. 



55 



Amount brought forward, - $373,675 00 
Depots and Water Stations, - - 15,639 24 
Platforms and Turnouts, - - 1,819 20 
Purchase of Real Property in Richmond, - 11,745 95 
Engineering Expenses, - - - 25,600 38 
Shops and Machinery, - - - 4,749 31 
Purchase of Locomotive Engines, Cars and Ma- 
chinery, - - - - 19,656 16 
Officers' Salaries, . - - - 3,209 00 
Printing, Advertising, and other contingent ex- 
penses, ... - 1,218 21 



$457,312 45 
Purchase of Manchester and Pe- 
tersburg Turnpike, - - $22,328 60 
Repairs of that Road, - - 856 15 — 23,184 75 



,497 20 
JNO. WILLIAMS, Treasurer. 

Wliereupon, on motion. 

Resolved, That the report of the President and Directors be 
received ; and, together with the accompanying documents, be 
printed for the use of the stockholders. 

The following preamble and resolution were offered by Mr. 
Gustavus A. Myers, and passed : 

Whereas, The regular operations of the Richmond and Pe- 
tersburg Rail Road Company are about to be commenced ; and 
the duties of the President, embracing as they will, not only a 
strict attention to the finances of the Company, the settlement of 
claims for damages upon condemnations of land, and a supervi- 
sion of the various agents employed in the business of transpor- 
tation ; but also the necessity of making aiTangements with other 
Companies north and south, so as to insure that harmony of 
action indispensably necessary to their mutual advantage, and 
such co-operation as may be legitimate and proper on behalf of 



56 

'this Company, in pvomoling the prosecution of other works con- 
templated or commenced in this state, which may exert a bene- 
ficial influence upon the interests of this Company, — will neces- 
sarily occupy the greater part of his time, — therefore, 

Resolved, That the salary of the President of the Richmond 
and Petersburg Rail Road Company be two thousand dollars 
per annum, payable quarterl3^ 

On motion, 

Resolved, That the election of President be made by a viva 
voce vote ; whereupon, 

Holden Rhodes was unanimously elected President of the 
Company, and P. C. Osborne, R. B. Haxall, and R. B. Boiling, 
were unanimously elected Directors of the Company. 

John D. Townes and William Williams, being the Directors 
appointed by the Board of Public Works on behalf of the state, 
the Board of President and Directors was then declared to be 
filled. 

And then the meeting adjourned to 6 o'clock, P. M. 



At the meeting in the afternoon. 

On motion of Mr. William Williams, 

Resolved, That the President and Directors be, and they are 
hereby authorized and empowered, to accept the advance and 
loan from the Commonwealth authorized by the act of the Gene- 
ral Assembly, passed 30th March, 1838, entitled "An Act con- 
cerning the Richmond and Petersburg Rail Road Company," 
upon the terms and conditions prescribed in that act, should they 
find it advisable so to do. And in such event, the said President 
and Directors shall be, and they are hereby authorized to bind the 
Company, under its corporate name and seal, in any manner that 
may be necessary and proper, to give full efi^ect to the obligations 
that, under the provisions of the said act, will devolve on the 
Company, to entitle it to the full benefit of the said act. 

On the question being put on the foregoing resolution, the 
votes of Richard Anderson, for himself, and as proxy for A. P* 



57 

Miller, Frederick Anderson, and William Anderson, Jr., and of 
Robert Stanard and Richard H. Sharpe, being in all 43 votes, 
were in the negative ; and the votes of all the other stockhold- 
ers, including those of Robert Stanard, as proxy of the Board of 
Public Works, were in the afFa'mative. 

On motion of Mr. Robert Stanard, proxy of the Board of Pub- 
lic Works, 

Resolved, That at every annual general meeting of the stock- 
holders of the Richmond and Petersburg Rail Road Company, 
there shall be appointed by the general meeting a committee con- 
sisting of three stockholders, whose duty it shall be to ascertain, 
before the next general meeting, the condition of the several 
improvements of the Company, and inquire into the management 
of the same ; and the manner in which the books of the Cona- 
pany are kept, and the situation of its financial concerns. And 
whose duty it shall moreover be, to report to the annual general 
XL-xoetino- ensuing their appointment, the result of such examina- 
tion and inquiry -, and to recommend such measures as in their 
judgment will tend to the permanency and increase the value and. 
usefuhiess of the respective works — a reduction of excessive 
charges, and prevention of unnecessary expenses, if such charges 
and expenses there be — and an economical, systematic and effi- 
cient organization of the superintendence and management of the 
affairs of the Company. 

In pursuance of the foregoing resolution, the following gentle- 
men were appointed the committee therein mentioned : Mr. Sa- 
muel Mordecai, Mr. Nicholas Mills, and Mr. Samuel Marx. 

On motion of Mr. G. A. Myers, 

Resolved, That the following be adopted as a By-Law of this 
Company. " It shall be the duty of the President and Directors, 
at any time, to call a special meeting of the stockholders, giving 
one month's notice thereof, on a request to that effect being made 
by stockholders, or the proxies of stockholders of this company, 
owning or representing one thousand shares." 

On motion of Mr. G. A. Myers, 

Resolved, That the President and Directors be, and they are 



58 

hereby directed, not to extend the rail road beyond its present ter- 
mination on the north side of the Appomattox river, without 
further instructions from the stockholders. 

On motion of Ah Sa-nuel Mordecai, the following preamble 
and resolution were passed unanimously : 

"Wliereas, it is desirable to provide in time for the repayment of 
the loan from the commonwealth, and it may be necessary to 
obtain funds for other purposes, 

Resolved, That the President and Directors are authorized to 
make the coupon bonds, now in England, remaining unsold, con- 
vertible into stock, provided a satisfactory premium can be obtain- 
ed ; and in the event the Board shall at any time have sui-plus 
funds on hand, they are authorized to make such temporary 
investments thereof as they may deem expedient. 

On motion of Mr. William AVilliams, the following preamble 
and resolution were passed : 

It being stated by the President, that the duties of thp i^i^: 
Treasurer and Clerk of this Company, in consequence of the 
embarrassed condition of the times, and of the difficulty of col- 
lecting the mstalments from the stockholders, have been, during 
the past 3'ear, much more onerous than at the period of his 
appointment it was expected they would be ; and that in the opi- 
nion of the President, concurred in by the Directors, it is just to 
make a reasonable addition to his salarj^; therefore, 

Resolved, That the sum of three hundred dollars be paid to 
Mr. William P. Sheppard, the late Treasurer and Clerk, in addi- 
tion to the compensation of five hundred dollars paid to him for 
his sei-vices for the past year. 

On motion, the meeting adjourned. 



PROCEEDINGS 



STOCKHOLDERS 



RICHMOND AND PETERSBURG 
RAIL ROAD COMPANY, 

AT THEIR GENERAL MEETINGS, 

AND 

REPORTS 

MADE BY THE PRESIDENT AND DIRECTORS 

TO 

THE STOCKHOLDERS. 

FOURTH MEETING, THIRTY-FIRST OF MAY, 1839. 



RICHMOND: 

PRINTED BY THOMAS VV. WHITE, 
1839. 



FOURTH 
MEETING OF THE STOCKHOLDERS, 

HELD ON FRIDAY, MAY 31, 1S39. 



On the 1st, which was the day appointed for the annual meet- 
ing, there was not a sufficient nuniber of siockholders in attei.d- 
ance to proceed to business, and they adjourned ovlt to the 30th. 
On the 3Un there was not a sufficient number in attendance, 
and they adjourned over to this chy. 

Robert C. Nicholas was appointed Chairman of the meeting", 
and John WilHams Secretary. 

The roll of stockholders was called, and it appearing that 
there were present, in person and by proxy, private stockholders 
entiiled to 532 votes, and the proxy of the Board of Public 
Works entitled to 209 voles, being in all 741 votes, (ihe whole 
number of votes that could be given, being 1385,) the n.eeting 
proceeded to business. 

The following report was presented by the President and Di- 
rectors, and read. 

REPORT. 

The President and Directors have the honor to submit to the 
g neral njeeiing of the stockholders of the Richmond and Pe^ 
tersburg Rail Road Company the following report : 

On the 16th of May, 1838, two days afier your last general 
meeting, the road was opened and p..t in use from the depot in 
Pocahontas to that near Manchester. On the 6th September 
following, the bridge across James River being completed, the 
road was put in use to the depot in Richmond. The business of 
the road was confined chii fly to the transpor'ation of passengers 
and the mails, until some time after the completion of the bridge. 
Since then freight has been added, in quantities increasing with 
the demands of business and the means of the company to ;iC- 



62 

cornmolate them. 'l'ho=o means are now ample; and the fa- 
cilities afforded by the road are constantly attracting freight to it 
from various, and in many cases, from unexpected chann-ls, and 
to an amount alreadj'- equalling the estimates, and pronnsing 
largely to exceed them. 

Immediately on the opening of the road, the services of the 
company were tendered to the Post Master General for the irans- 
portation of the mad ; and wiih his assent, the contract of the 
stags proprietors was transferred by them to the companj' for the 
residue of the year ending on the 31st December, 1838, at the 
price si ipiilated to be paid lo ihem, viz $1260 a year. The in- 
adequacy of this coinpen.^ai ion was disregarded, from a desire to 
accommodale an iinjioriaut public service, and because as the 
season for now bids upon the line was near at haml, it was not 
thought proper to atterupt a change in ihe terius of a coniract so 
Foon to expire. I'y an arrangement since madi;wiih ihe Post 
Ornce Departmenl, taking etfect on the Isl January last, and lo 
continue unlil the 30th June, 1S43, the con pensaiion to this 
company fur mail service has bean increased to $237 50 a nulc 
per annum, being $),.581 a year. This compensation is si ill 
deemed inadequate, and falls shori of ihat elsewhere allowed for 
less burthensome and expensive service. It was accepied from 
an unwillingness to prolong a conflict with the Department, which 
threatened injury to the public interest, as well as to that of the 
company; and in the hope that the Deparlmont \\ill itself per- 
ceive the propriety of enlarging the compensation, if it shall find 
it necessary at any time to require an unusual and inconvenient 
service. Meanwhile, it is proper to add, that an earnest desire 
has at all times been manifested by the Department to render the 
mail service as little burlliensome and inconvenient to the line as 
possible. 

The operations of the year ending on the 15th inst. will be 
shown by the accompanying statements of ihc Treasurer. They 
exhibit results, which though not splendid or imposing, do yet 
fully justify that sober and unshaken confidence in the speedy, 
progressive and permanent usefulness and prcduclivenc.=s of this 



63 

improvement, which you have always entertained. What is 
most worlhy of observation, is the constant increase of the busi- 
ness of the road and the uniformity at the same time wilh which 
it is diffused over every porlion of the year. The increase of 
the business of the road has been so gradual as to produce from 
month to month no very striking gain; yet by comparing the 
quarters of the year, you will hnd the receipts from all sources 
of the first quarter, by a gradual increase advanced more than 
fifty per cent, in the last. 

It is not in our power to compare the receipts of successive 
years. We can only compare at present the last sixteen days o^ 
May, 1S3S, wilh nearly the same period of the present month. 
This comparison shows an increase of nearly IGO per cent. 
It is not possible from data so imperfect, to estimate the income 
of the current year. The last quarter of the past year being 
assumed as the propar siandard, the income of this year would 
be $72,000 ; a sum nearly equal to the original estimates. But 
that assumpioii would iuiply what is wholly improbable — that 
the increase hitherto constant of the receipts of the road is to be 
suddenly suspended — ihat the travel which is daily gathering 
m.ore and more towards this great line, is all at once to be 
checked — that the rapidly growing business and population of 
Richmond and Petersburg, and the country around them, have 
reached their maximum — that the produce and merchandize 
attracted from every side to this line, by the facilities it affords, 
will not be augmented by the same cause, as well as drawn 
from oiher points. All these are plain improbabilities, and while 
we have as 3'et no sufficient data by which to estimate the 
receipts of the current year, we can hardly err in placing them 
beyon I an average of any portion of the past year, and may 
well expect them not only to exceed the original estimates upon 
which the improvement was undertaken, but to exceed them far 
enough to cover any probable increase of expenses, and so to 
produce a satisfactoiy profit. 

The future holds out to us other and abundant sources of in- 
creased incoaie. The present year will witness the completion of 



64 

this line of rail roads to Wilming-ton and to Raleigh ; and if not 
the coinplelion, yet the commsncemsnt, it is to be hoped, of that 
long desired and indispensable link from Fredericksburg to the 
Potomac. The trade of Richmond is soon to be increased by 
the improvement and extension of the James River Canal, and 
■will then demand a more speedy and commodious connection 
"\vi h ship navigation below ; a cnmiection no', to be furnished, it 
is believed, in any mode more perfectly or at so little cost, as by a 
shcrt and cheap branch from this road to Bermuda Hunch-ed. 
An I though more remote, it can hardly be deemed less certain, 
that the wants of the southwest will cornpsl wtiat has long been 
demanded, the construction of a rail road from that quarter, ter- 
minating on some point of this roid. 

The Boird feel great pleasure in stating that imder the careful 
management of the Sup3rintcndent, aided by the good conduct 
of all under his direction, this company has been wholly exeuipl- 
ed from those disastrous accidents which have been elsewhere so 
fatal and injiirious. The road, depots, shops, engines, coaches, 
and cars, are in good order. A small but adequate supply of mate^ 
rials for repairs, is constancy kept on hand. The engmes are of the 
best kind, and are fullj- equal to the wants of the business ; and 
no loss or disaster of anv sort, has occmied durinc: the year 
except by occasion of an unprecedented flood in September, 
which bursted the culvert across Tvingsland Creek (since substi- 
tuted by a short but substantial bridge,) and weakened the fotm- 
dation of the pier under the S^\•ifl Creek bridge, which has been 
temporarily repaired, and will be rebuilt as soon as the state of 
the water shall permit. While these injuries are subjects of 
regret, it is still more a just cause of satisfaction, that every other 
portion of the hne of road, though new and untried, should have 
passed without damage through so severe an ordeal. 

The land damages along the line have, in general, been ami- 
cably settled, except in a few cases, ^^■here they were deemed 
particularly unreasonable, or where the owners were under some 
legal disability. 

The Board was not able until recently, to avail itself of the 



65 

advance and loan from the commonwealth, authorized by the 
act of March 30th, 1838. It could only have obtained by an 
acceptance of them the five per cent, scrip of the State, which 
was below par in the market ; and would have been required to 
pay in cash the amount of the former loan obtained from the 
Executive. This was wholly impracticable, and the Board, 
therefore, under the authority of a resolution of the Stockholders, 
adopted at their last meeting, deferred all action upon the sub" 
ject, until the meeting of the Legislature, not doubting that the 
General Assembly would make such changes in the law as 
would enable the company to obtain the loan without loss. A 
hope was also entertained, that in the meantime, some relief might 
be afforded by a sale of the bonds of the company in Europe. 
That hope was disappointed. Only forty-one in all, of those 
bonds, have been sol 1, and the proceeds applied to the discharge 
of the debts incurred by the company in England, for the pur- 
chase of iron, locomotive engines, and machinery. 

On the 15th January last, the Legislature being then in session, 
the Board accepted under, the resolution aforesaid, the advance and 
loan from the State above mentioned, upon the terms of the act, 
and thereupon received from the Board of Public Works, the 
scrip of the State for $50,000, bearing an interest of five per cent., 
which, under a law of the last session, was converted into scrip 
of equal amount, bearing an interest of six per cent., and has 
since that conversion, been disposed of on fair terms. 

During the preceding summer the Board obtained from the 
Richmon I, Fredericksburg and Potomac Rail Road Company a 
loan of $40,000, which was designed to be temporary. $30,000, 
in part thereof, have been repaid, and the earliest means will be 
adopted to discharge the residue. 

It will be seen by the statements accompanying this Report, 
that partial and imperfect as have been the operations of the 
company, dining the greater part of the past year, they have 
nevertheless yielded a small profit, which under ordinary circum- 
stances should have been divided amongst the Stockholders, but 
which the exigencies of the company have required to be applied 



66 

in aid of its limited capital towards the payment of its debts. A 
like necessity will continue to require a similar application of the 
whole income of the road, until the floating debt of the company 
shall be otherwise provided for ; in which event, it is due to the 
Stockholders, that the amount withdrawn from the dividend 
fund shall be reia.bursed to it. It will also be proper to provide 
in lime for the repayment to the commonwealth of the debt due 
to it. For those purposes, the Board continue to look to further 
sales from time to time of ths coupon bonds of the company in 
Europe, which, though withdiav.-n from the market since the 
15th January last, they propose again, and, as they trust, under 
more auspicious circumstances, to offer — imless otherwise in- 
structed by this meeting — and, if deemed advisable, to make 
them convertible into siock in conformity with the resolution of 
the last general meeting. 

The accompanying statements will show the income and ex- 
penditures of the company, as well during the past year as from 
the beginning of the improvement. It has been found impossible 
to discriminate with accuracy between the expenses properly 
belonging to the construction of the works of the compan}-, and 
those chargeable to the current business of transportation and 
repairs — the latter having commenced long before the former were 
completed. Some enhancement, also, it may be remarked, not 
only of the cost of the road, but of the expenses of transportation, 
during the larger part of the past year, may fairly be attributed 
to the difficulties with which the company has had to contend in 
re.«pect to its pecuniary means. The expenses properly charge- 
able to the current business of the year, have differed but little 
from the original estimates. They may be expected to increase 
hereafter with the business of the company, though not in the 
same ratio. 

All which is respectfully submitted, 

By order of the Board. 

H. RHODES, President. 

Whereupon, on motion, the said Report was approved. 



67 

The meeting proceeded to the election of a President, Directors 
and Vice President for the ensuing year — and being informed 
that Mr. P. C. Osborne, heretofore a Director, desired to withdraw 
from the Board, 

On motion, Holden Rhodes was unanimously reelected Presi- 
dent ; Messrs R. B. Haxall, R. B. Boiling, and James Bosher, 
were unanimously elected Directors, and Mr. R. B. Haxall was 
unanimously elected Vice President. 

It was announced that Messrs. William Williams and James 
Macfarland had been appointed Directors on behalf of the State. 

On motion of James Lyons, Esq , proxy of the Board of Pub- 
lic Works, the following resolutions were adopted : 

Resolred, That a Committee be appointed to prepare by-laws 
for the government of the affairs of the Company, which, when 
reported by the said Committee to the President and Directors, 
sln.ll be acted upon by them until the next meeting of the Stock- 
holders. 

Resoloed, That the President and Directors be, and they are 
hereby instructed to curtail, as far as practicable, with a just 
regard to the interest and duties of the Company, its current an- 
nual expenses. 

On motion of Mr. R. B. Haxall, James Lyons, Esq., was ap- 
pointed Chairman of the Committee under the first resolution ; 
an I Messrs. Horace L. Kent, Benj Brand, Nicholas Mills, and 
W. P. Sheppard, were appointed by the chair under the same 
resolution. 

The Chair appointed Messrs. H. L. Kent, R. Dudley, Benj. 
Bran 1, anl F. Grillrn, as the annual Committee of Examinatioa. 

And then the meeting adjourned. 



68 

STATEMENT OP RECEIPTS AND EXPENDITURES 

t)f the Richmond and Petersburg Rail Road Company, from the com' 
mencement of the work to the I5th of May, 1839, inclusive : 

RECEIPTS: 

Capital Stock, .... $500,000 00 

Less still unpaid, ... 8,406 87 

491,593 13 

State Loan, 148,005 83 

Bank nccnmmndations and loan from Richmond, Fre- 
dericksburg and Potomac Rail Road Company, 36,760 47 
Sales of Coupon Bonds in England, - - - 49,720 71 
Receipts from transportation, being balance 

of account of receipts and expenses, 24,455 20 
Less Mail pay still due by Post Office De- 
partment, ... - 2,187 78 

22 267 42 

— 748,407 56 

EXPENDITURES. 

Preliminary surveys, . . . - . 2,896 87 

Purchase of Manchester and Petersburg Turnpike, 23,519 75 

Repairs of that road, 1,123 38 

Graduation of Rail Road, 159,988 52 

Superstructure, - 113,691 19 

Masonry, ''1,919 93 

James River Bridge— Masonry, - 49,783 03 

Superstructure, 76,196 54 

125,979 57 

Falling Creek Bridge, 10,889 30 

Swift Creek Bridge, 7,482 73 

Kingsland Creek Bridge, 5,31102 

Land damages, ------- 11,330 05 

Purchase of real property in Richmond, - - 14,556 16 

Depots, water station, workshops, &machinery in shops, 64,597 41 

Engineering expenses, . - - . . 32,303 93 

Locomotive engines and machinery, coaches and cars, 95,444 51 

Officers' Salaries, - ----- 5,217 33 f 

Purchase of Omnibus, Baggage Waggon and horses, 2,537 57 
Interest on loans, Coupon bonds and advances of in- 
stalments, 9,229 06 

Contingent Expenses, Newspapers, Advertising, &c. 1,427 47 

$759,445 81 
This sum includes notes given by the Company, not 

yet at maturity, amounting to . - - 16,035 43 

Amount of cash payments, ------- 743,410 38 

Balance on hand, -.------ -S 4,997 18 

JNO. WILLIAMS, Treasurer. 



69 



STATEMENT OF RECEIPTS 

From travel, freight and omnibus, during twelve months, commencing \Gtk 
of May, 1838, and ending with \5th of May, 1839. 



Time. 



Omnibus. | Total. 



1838- 


-May IGth to 31, inclusive, 


1,518 


13 


2 


87 


171 


49 


1,692 49 


" 


June, 


3,462 


32 


9 


12 


394 


62 


3,866 06 


<i 


July, 


3,522 


69 


13 


76 


457 


88 


3,994 33 


It 


August, 


2,984 


47 


18 


63 


418 


75 


3,421 85 


it 


September, - 


3,482 


34 


219 


78 


274 


12 


3,976 24 


([ 


Oct.iber, 


3,647 


96 


432 


60 


210 


78 


4,291 34 


(1 


November, - 


2,789 


72 


518 


80 


164 


25 


3,4 72 77 


i( 


December, - 


3,529 


40 


540 


85 


180 


72 


4,250 97 


1839- 


--January, 


3,377 


96 


1,259 


72 


137 


06 


4,774 74 


11 


February, 


3,303 


14 


1,355 


82 


135 


44 


4,794 40 


" 


March, 


4,047 


10 


1,086 


56 


161 


19 


5,294 85 


(1 


April, 


4,451 


83 


1,301 


12 


151 


75 


5,9114 70 


C( 


May 1st to 15, inclusive. 


1,596 


13 


623 


40 


106 


00 


2,325 53 



$41,713 19| $7,383 03|« 

Add mail pay for the same time, viz : 
From the 16th May, to 31st December, 1838, inclusive, 

seven and a half months, at $1,260 per annum, 
Fom 1st January, to 15th May, 1839, inclusive, four 

and a half months, at $5,581 25 per annum. 



2,964 05 

$787 50 
2,092 97 



Add balance to credit of forwarding account, 



£,060 27 



2,880 47 
18 89 

$54,959 63 



Statement of Expenses during the same time. 
Train Expenses, (hands, wood, oil, &c.,) - - - $8,444 27 

Depot Expenses, (watchmen and hands,) ... 2,254 74 
Repairs of Roads, - - - - - - - 4, 114 92 

Repairs of Locomotive Engines, and Cars, - - 5,046 49 

Officers' Salaries, (Transportation Agent, Treasurer, 

Ticket and Freight Agents,) 5,189 70 

Office Expenses, 159 87 

Newspapers, Advertising, and Printing, ... 474 22 

Contingent Expenses, ...... 37 22 

Postages, 10 17 

Transportation of mail, ...... 185 25 

Train damages, .-....-. 42 00 

Train losses, ........ 36 39 

Omnibus expenses,* $4,509 19 



$30,504 43 

$24,455 20 

* A share of the Omnibus expenses is to be paid by the Richmond, Frede* 
ricksburg and Potomac Rail Road Company. 



70 

QUARTERLY RECEIPTS, MAIL PAY INCLUDED. 

1838. May 16th to 31st inclusive, 1,744 9« 

June, July and August, - 11,597 24 

September, October and November, ... - 12,055 35 

December, 1838, January and February, 1839, - - 14,855 30 

1839. March, April and May, 17,948 71 

$58,201 59 

JNO. WILLIAMS, Treasurer. 



PROCEEDINGS 

OF 

THE STOCKHOLDERS 

IN THE 

RICHMOND AND PETERSBURG 

RAILROAD COMPANY, 

AT 

THEIR GENERAL MEETINGS; 

AND 

REPORTS 

MADE BY THE PRESIDENT AND DIRECTORS 

TO • 

THE STOCKHOLDERS. 



VOVRTH MEETING, MAV .i/th, 18 !0. 



RICHMOND: 

PRINTED BY P. D. BERNARD. 
1840. 



FIFTH 
MEETING OF THE STOCKHOLDERS 

Held on Wednesday, 27th May, 1840. 



On ihe 1st, which was the day appointed for the annual meet- 
ing, there was not a sufficient number of stockholders in attend- 
ance to proceed to business, and they adjourned over to the 26th. 
On the 26th there was not a sufficient number in attendance, and 
they adjourned over to this day, 27th, at 12 o'clock ; at which 
hour there was still not a sufficient number in attendance, and 
they adjourned over 'till half past 4 o'clock, P. M. 

HoLDEN Rhodes was appointed chairman of the meeting", 
and John Williams secretary. 

The roll of stockholders was called ; and it appearing that there 
were present, in person and by proxy, private stockholders entitled 
to 692 votes, and the proxy of the Board of Public Works, Mr. 
James Lyons, entitled to 209 votes, being in all 901 votes, (the 
whole number of votes that could be given, being 1368,) the 
meeting proceeded to business. 

The following report was presented by the vice-president and 
directors, and read : 



REPORT. 



The vice-president and directors have the honor to submit the 
following report to the general meeting of the stockholders of the 
Richmond and Petersburg Railroad Company 

On the 23d of August last Mr. Holden Rhodes resigned his 
office as president of the company ; from which time the duties 
have been performed by the vice-president. The resignation of 
Mr. R. was accepted by the directors with much reluctance, as 



74 

the}'- had appreciated in a high degree his skill and judgment as 
the first officer of the company. 

Herewith are presented the accounts of the company for the 
year ending the 15th inst , yjrepared by the treasurer. You will 
find them to show a handsome advance upon the receipts of the 
previous year, notwithstanding there has existed during the time, 
an unexampled pressure in the money market, and a consequent 
depression in all departments of business,- which must necessarily 
have affected trade and travel to a considerable extent. Notwith- 
standing this genera] condition of things, the item of travel shows 
an increase of one thousand four hundred and thirty-one dollars 
and eighty cents. The item of freight you will find to have 
increased considerably'', being more than double of the previous 
year. This excess is to be attributed no doubt in a great degree 
to the James river bridge not being ready for use for about three 
and a half months of the first or previous year of the company's 
operations, after the commencement of transportation of travel 
only, between Petersburg and the depot at Manchester. Much, 
however, is due to the heavy tobacco crop of last year, to the 
completion of the Raleigh and Gaston railroad, and to a change 
which has taken place in some degree in the produce of the 
Roanoke and branches, seeking the market of this city by de- 
scending to Gaston, and thence by the continued line of railroads, 
instead of its former route by wagon transportation to Lynch- 
burg, &c. Some also of this gain is to be attributed to a more 
generally diffused knowledge of the cheapness, cerlaintj^, safety 
and despatch with which transportation can be efl^ected upon 
your road, and which has now reduced the river carriage by 
steamboats and lighters between this and Petersburg to less than 
one-fourth of the trade. Upon a close investigation of transpor- 
tation accounts, you will find gratification in the fact, that an 
increase of income, more than two-thirds of which is derived from 
freight, has not been attended with an increase of expenses of but 
little more than one-third of that amount : thus doing away with 
the reproach too often applied to railroads (of a construction simi- 
lar to yours,) that any increase of income, especially from freight, 
must be followed by a corresponding increase of expenses. 



75 

The omnibus account shows a great diniinution of receipts 
compared with the previous year, which is to be attributed to the 
less use made of it by passengers, since the extension of the rail- 
road into the city from the Manchester depot, and to the adoption 
of the policy of conveying all passengers free of charge between 
the depot of your road and that of the Richmond, Fredericks- 
burg and Potomac Rail Road Company. 

For the year ending 15th inst. the whole amount of your re- 
ceipts from the several sources of income, exclusive of the amount 
received for freight on other roads, §?>1, 640 70, and the amount 
of ferriage on the Appomattox, $289 85, is $66,358 96, being 
$11 ,399 33 more than the receipts of the previous year. Expenses 
for the same time, exclusive of the amount paid for freight on 
other roads, $1,617 69, and the amount of Appomattox ferry 
expenses, $333 97, are $34,242 74, which is an increase of 
$3,738 31 upon the expenses of the previous year. 

In the month of January last a large accumulation of ice in 
the Appomattox, followed by a rise of water, occasioned a total 
loss of the bridge over that river at Pocahontas. It was the pro- 
perty of this company, through its purchase of all the stock in 
the Manchester and Petersburg turnpike. To preserve the inter- 
course between the depot at the southern end of this road and the 
town of Petersburg, on the opposite side of the river, it was 
necessary to establish a ferry-boat, which was done by this com- 
pany, with great advantage to its trade and travel, and at very 
little loss. The attention of the vice-president and directors was 
given at an early day to the rebuilding of this bridge, which has 
recently been accomplished in a substantial and durable manner, 
at a cost of about $1,580. 

A similar collection of ice and rise of water occurring about 
the same time in James river, carried off a large portion of Mayo's 
bridge, and materially damaged the remainder, without effecting 
the slightest injury to the bridge which forms so beautiful and 
substantial a part of your road ; thus showing that its location 
was wisely selected, and will be proof against the action of water 
in any form that it may come. 



7G 

The condition of your depots, road, irachinery, coaches, cars, 
&c. is excellent, and in full preparation for a much larger busi- 
ness, which can be conducted at no increase of expense, imless 
additional trains are required. At present the number running 
each way is three, two for passengers and one for freight, with 
occasionally an extra train, where occasion requires. 

The existing mail schedule adopted by the postmaster-general 
for this route operates injuriously to your interests, by depriving 
this, and the roads in connexion with it, of giving that despatch 
to the traveller which they have the capacity to render. There 
is now a delay of five and a half hours at Petersburg and ten 
hours at Washington, which subjects the traveller to an unne- 
cessary loss of time and to additional expense for lodging, meals, 
&c. This diificulty could be removed, were the postmaster-gene- 
ral willing to incur the expense of another steamboat on the 
Potomac river. As the public are sufferers by these detentions of 
the mail, they are beginning to notice and remonstrate against 
them; and it is to be hoped they will be listened to with more atten- 
tion than has been given to the frequent appeals of the officers of 
the railroad companies forming the inland route through Virginia.* 

The completion of the two great railways leading to Raleigh 
and Wilmington, form an interesting era in the history of south- 
ern railroad affairs ; which being of very recent occurrence, it is 
fair to presume that your road has not yet derived any of those 
advantages from them which at no distant day it must enjoy. — 
The road to Wilmington is connected with a line of very superior 
steamboats running to Charleston, owned by the same company, 
and forming together one of the most complete lines to be found 
in the Union. — Every extension of these roads to the south must be 
advantageous to this company ; and it is understood that the present 
unparalleled pecuniary difficulties have not subdued the energies of 
that section of country. Looking- north, the roads in a line with 
yours are all completed except 13 5 miles of the Richmond, Freder- 
icksburg and Potomac railroad between Fredericksburg and the 
Aquia. That this small link of so extended a chain should remain 

*An arrang-cmcnt lias .since been made with the Department, by which 
3II these delays are prevented. 



77 

unfinished, seems to be a reproach upon Vh'ginia ; and it is to be re- 
gretted that the efforts of that company to accomplish it have not 
been assisted by the Commonwealth, when it is so apparent too, 
that her large interest in the three roads between Fredericksburg 
and the Roanoke would be so importantly benefited by it. The nett 
receipts of the Richmond and Petersburg railroad alone, not to 
speak of those of the more important works north and south of us, 
would, it is believed, be increased by the completion of the railroad 
between Fredericksburg and Aquia creek, by a much larger sum 
than the interest on the whole amount necessary- to effect it. No 
doubt is entertained that if, on the completion of this last link in the 
line of northern and southern railroads through the commonwealth, 
■ the State should so luill il, she may derive from her investments in it 
an important accession to her fiscal resources, and a revenue much 
beyond what she can expect from the same amount in any other 
improvement which she has fostered. To attain this result, how- 
ever, it will in the humble opinion of your board, be necessary 
that a different policy from that hitherto acted upon should bo 
pursued. At the present time your interests are greatly suffering 
in an active and necessary contest with the Chesapeake line of 
steamboats and the Portsmouth and Roanoke railroad company, 
to obtain as large a share as possible of what is termed the long 
travel. Travellers front the south and north have choice of the 
two routes at Baltimore and Weldon ; and the comforts and faci^ 
lities of each line arc set forth and explained to them by expen- 
sive advertisements, handbills, agents, &c. ; for almost all of 
which it would be an useless expenditure of money if the travel 
could be concentrated upon a single line. How long this warfare 
will continue, we shall not attempt to predict ; but it must, in our 
opinion, soon be perceived that both lines of improvement cannot 
pay expenses ; that the State has been so far ivarring against 
herself and deducting from the profits of the principal line of im- 
provement executed within her borders — one second only in 
importance to her James River and Kanawha connection — with- 
out conferring benefit or the prospect of any on any other portion 
of her citizens. 



78 

It is no doubt well known lo all of the stockholders, that this 
company is in debt to the Commonwealth in the sum of $148,065 
83, for money loaned. The terms upon which this loan was 
granted require that a return of the principal shall be cojnmenced 
when the 4th semi-annual payment of the interest becomes due, 
which, according to our interpretation of the law, will be in Janu- 
ary next, and then fifteen thousand dollars must be paid, and a 
like sum every half year afterwards, until the whole shall be liqui- 
dated. The large amount of this debt, the early periods at which 
it will become due, operate most injuriously to your interests, by 
impairing the credit of your company in the employment of offi- 
cers and workmen, the hire of negroes, and m the purchase of 
timber, iron, fire-wood, oil, and other necessary articles ; and we 
think it very easy of demonstration, that if the Commonwealth 
would convert this loan into a subscription for stock, yom- road at 
an early day will be paying dividends of at least six per cent per 
annum upon the whole capital, including the Commonwealth's 
present interest of two-fifths, or two hundred thousand dollars, and 
its additional stock proposed to be made by this conversion of her 
loan. If this estimate be right, and we feel entire confidence in it, 
it is evident the Slate will derive a larger amount per annum in 
the shape of dividends, than it can otherwise receive in the form 
of interest upon its loan. Another great advantage in the change 
proposed, would be the enhanced marketable value of the stock, 
which must remain as it now is, much below par, until your 
company can give to the public their only criterion of its value, viz. 
the amount of dividends annually declared. That this advance in 
the stock is much lo be desired, is perfectly evident, if the Common- 
wealth looks to the aid of her citizens in the construction of future 
public works, upon the principle of a joint subscription of the State 
and of individuals. 

We cannot conclude this report without invoking your patient 
reflection upon the matter just treated, and through you, the fair, 
liberal and thorough examination of the subject by the public at 
large, and particularly by the next Legislature. 

All of which is respectfully submitted. By order of the Directors. 

R. B. HAXALL, V. P. 



79 

Whereupon, on motion, the said report and the accompanying 
statements were accepted, and ordered to be recorded. 
Mr. Lyons offered the following resolutions : 

1. Resolved, That the offices of president and superintendent 
of transportation shall be consolidated, and the duties of both 
offices discharged by the president, and that his salary be $ 

per annum. 

2. Resolved, That stockholders who may travel upon the rail- 
road in going to, and returning from a meeting of the stockhold- 
ers, shall not be subjected to the payment of passage money. 

3. Resolved, That no salaried officer of this company shall in 
future act as a proxy at any meeting of the stockholders. 

4. Resolved, That the statements intended to be submitted to 
the annual meeting of the stockholders, together with the report 
of the president and directors, shall be prepared and printed for 
the use of the stockholders at least ten days before each annual 
meeting, and as far as practicable distributed among the stock- 
holders as soon as printed. 

On motion. Resolved, That the first resolution be referred to a 
committee of three. 

Ayes. votes. Noes. votes. 

Saml. Marx, representing 360 H. L. Kent, representing 23 
R. B. Haxall, 
James Bosher, 
Moncure Robinson, 
Tho's Rutherfoord, 
R. C. Nicholas, 
Holden Rhodes, 
Wm. Williams, 

630 
Mr. Saml. Marx, Mr. H. L. Kent and Mr. R. C. Nicholas were 
appointed said committee. And, on motion, Mr. James Bosher 
was added. 

Mr. Marx made the following report from the committee : 
The committee to whom was referred the resolution of the 
meeting, beg leave to report ; that in their opinion it is inexpedi- 
ent to amalgamate the two offices of president and superintendent ; 
2 



66 


Jas. Lyons, 


219 


23 


Fendall Griffin, 


9 


145 


Benj. Brand, 


10 


28 


Charles Ellis, jr. 


10 


5 






8 




271 


5 







80 



but ihat the salary of the president be reduced to $ , and 

the salary of the superintendent remain as at present. 

On motion, Resolved, That said report be laid on the table. 

Mr. Robinson offered the following amendment to Mr. Lyons's 
first resolution, — to be added thereto after the words " per annum :" 

And that a salary of $500 per annum be henceforth paid to 
the vice-president, and that it be his duty to render to the presi- 
dent such aid in the performance of the fiscal affairs of the com- 
pany as the interests of the company may require. 

The question being taken upon the amendment by ayes and 
noes, it was adopted. 

Ayes. 
Saml. Marx, rep'g 360 votes. 
R. B. Haxall, 56 

Moncure Robinson, 145 
Thos. Rutherfoord, 28 
H olden Rhodes, 8 

Wm. Williams, 5 



602 



Noes. 






James Bosher, 


rep' 


'g 23 votes. 


H. L. Kent, 




23 


James Lyons, 




219 


Fendall Griffin, 




9 


Benj. Brand, 




10 


Cha's Ellis, jr. 




10 


R. C. Nicholas, 




5 



299 



On motion of Mr. Robinson, the blank in Mr. Lyons's first 
resolution was filled with the sum of $1,750. Ayes 602. Noes 
299. The stockholders voting respectively as in the preceding 
lists. 

Mr. Bosher moved that the report of the committee be adopted 
as a substitute for the first resolution of Mr. Lyons as amended. — 
The motion was negatived. 



Ayes. 


Noes. 




Jas. Bosher, rep'g 23 votes. 


Saml. Marx, rep'g 


360 votes, 


H. L. Kent, 23 


R. B. Haxall, 


56 


Jas. Lyons, 219 


M. Robinson, 


145 


F. Griffin, 9 


T. Rutherfoord, 


28 


B. Brand, 10 


H. Rhodes, 


8 


C.Ellis, jr. 10 


Wm. Williams, 


6 


R. C. Nicholas, 5 


- 


602 



299 



The question was then put upon the adoption of Mr. Lyons's 



81 

first resolution, which, as amended, is as follows, and it was canied 
in the affirmative : 

Resolved, That the offices of president and superintendent of 
transportation shall be consolidated, and the duties of both offices 
discharged by the president, and that his salary be $1,750 per 
annum. And that a salary of $500 per annum be henceforth 
paid to the vice-president, and that it be his duty to render to the 
president such aid in the performance of the fiscal affairs of the 
company as the interests of the company may require. 



Ayes. 




Noes. 




S Marx, rep'g 


360 votes. 


J. Bosher, i 


rep'g 23 votes. 


R. B. Haxall, 


66 


H. L. Kent, 


23 


M. Robinson, 


145 


.T. Lyons, 


219 


T. Rutherfoord, 


28 


F. Griffin, 


9 


H. Rhodes, 


8 


B. Brand, 


10 


W. Williams, 


5 


C. Ellis, jr. 


10 






R. C. Nicholas 


1 5 




cno 


I ^ 



299 

The question was then put upon the adoption of Mr. Lyons's 
second resolution, and it was carried in the affirmative. 

The question was then put upon the adoption of Mr. Lyons's 
third resolution, and it was carried in the affirmative. 

Mr. Bosher offered the following as a substitute for Mr. Lyons's 
fourth resolution : 

Resolved, That the treasurer be directed to forward to each 
stockholder of this company a copy of the annual report of the 
president and directors to be made to the Board of Public Works 
in the month of October. 



This substitute was adopted. 






Ayes. 






Noes. 




S. Marx, 


rep'g 


360 votes. 


R. B. ILixall, 


rep'g 56 votes, 


J. Bosher, 




23 


T. Rutherfoord, 


28 


M. Robinson, 




145 


J. Lyons, 


219 


H. L. Kent, 




23 


F. Griffin, 


9 


H. Rhodes, 




8 


B. Brand, 


10 


W. Williams, 




5 

564 


C. Ellis, jr. 

R. C, Nicholas, 


10 
5 



337 



82 

On motion of Mr. Williams, Resolved, That the meeting do now 
proceed to the election of officers for the ensuing year. 

A letter from Mr. R. B. Haxall was read, declining a nomina- 
tion for the office of president. 

Mr. Lyons nominated Mr. Isaac A. Goddin for the offices of 
president and superintendent of transportation. 

Mr. Robinson nominated Mr. Joseph H. Coates. 

The votes were — 

For Mr. Goddin : For Mr. Coates : 

J.Lyons, rep'g 219 votes. S.Marx, rep'g 360 votes. 

F. Griffin, 9 " 

228 



R. B. Haxall, 


66 


J. Bosher, 


23 


M. Robinson, 


145 


T. Rutherfoord, 


28 


H. L. Kent, 


23 


C. Ellis, jr. 


10 


R. C. Nicholas, 


5 


H. Rhodes, 


8 


Wm. Williams, 


5 



663 

So Mr. Coates was declared to be duly elected president and 
superintendent of transportation. 

On motion of Mr. Robinson, Mr. R. B. Haxall, Mr. R. B. 
Boiling and Mr. James Bosher were elected directors on the part 
of the stockholders. 

Mr. William Williams and Mr. Charles Ellis jr. were announc- 
ed to have been appointed by the Board of Public Works directors 
on behalf of the State. 

On motion of Mr. Nicholas, Mr. R. B. Haxall was elected vice- 
president of the company. 

On motion. Resolved, That the annual meetings of stockholders 
be hereafter held on the Wednesday after the fourth Monday in 
May. 

The chair appointed Mr. H. L. Kent, Mr. W. P. Sheppard and 
Mr. Wyndham Robertson the annual committee of examination. 

On motion, Resolved, That the proceedings of this meeting be 
printed. 

Resolved, That this meeting do now adjourn. 



83 

A. 

STATEMENT OF RECEIPTS AND EXPENDITURES 

For the construction of the Road, from the commencement. 



RECEIPTS: 

Capital Stock, ----- $500,000 00 

Less still unpaid, - 6,466 06 



-$493,533 94 



State Loan, --..... 148,065 83 

Coupon bonds sold in England, - - £stg-. 12,300, 54,666 67 

Loans from banks and others, ----- 28,006 94 



724,273 38 
Appropriation from the profits of transportation, - - 48,641 92 



Total of receipts, - - . . $772,915 30 

EXPENDITURES: 

Preliminary surveys, - . - - $2,896 87 

Land damag-es, ----- 11,553 59 

Purchase of Manchester and Petersburg turnpike, 23,541 35 
Repairs ot that road before commencement of trans- 
portation, ----- 1,389 97 

Graduation of railroad, - - - - 163,497 75 

Superstructure, ----- 111,270 24 

Masonry, ------ 72,077 96 

James river bridge, Masonrv, $49,783 03 

Superstructure, 81,083 56 

130,866 59 

Falling creek bridge, - - . - 10,889 30 

Swift creek bridge, - . . . 9,655 33 

Kingsland creek bridge, - - - - 5,311,02 

Purchase of real property in Richmond, - 19,556 16 
Depots, water station, workshops and machinery in 

shops, ------ 68,847 62 

Engineering expenses. . - - - 32,403 99 
Locomotive engines, and machinery, coaches and 

cars, 97,436 93 

Officers' salaries, ----- 5,717 33 
Purchase of omnibus, baggage wagon and horses, 

and building stable, - - - . 2,736 42 

Contingent expenses, newpapers, advertising, &c. 1,944 61 
Interest on loans, and advances of instalments be- 
fore the commencement of transportation, after 
deducting interest received on instalments in 

arrear, ------ 6,624 91 

Whole cost of the road and property, to 16th May, 

1840, $778,217 94 

Deduct amount of notes given in payment, not 

yet at maturity, - . - . 5,302 64 



Total of cash payments, - - - $772,915 30 

Uth May, 1840. JNO. WILLIAMS, Treasurer. 



B. 



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S5 
c. 

STATEMENT OF TRANSPORTATION EXPENSES, 

From I6tk May. 1S39, to I5th May, 1840, inclusive. 



Train expenses, (hands, wood, oil, &c.) - - - $8,684 17 

Depot expenses, (watchmen and hands,) - - - 3,662 49 

Repairs of railroad, ...... 6,193 00 

Repairs of turnpike, ------ 586 20 

Repairs of locomotive eng'ines and cars, - . - 4,911 30 

Officers' salaries, (president, treasurer, transportation agent, 

ticket and freight agents,) - - . - 6,802 37 

OflBce expenses, - - - - - - - 50 92 

Newspapers, advertising and printing, - _ . - 185 94 

Contingent expenses, including $73 counterfeit and broken bank 

money received of passengers, . - - - 

Postages, -....-. 

Train damages, ..---. 

Train h.sses, - - . - 

Omnibus, ....... 

Transportation of mail in Petersburg and Richmond, 
Collection of James river bridge tolls, . . - 

Forwarding freight on other roads, - - - - 

Appomattox ferry, - - 

Amount of current expenses of the year, - S36,194 40 
Rebuilding Appomattox bridge, - - - 3959 21 

Interest on Coupon bonds in England in 1838, '39 
and '40, heretofoie charged in construction 
accounts, but properly chargeable to transporta- 
tion, having accrued after the commencement 
thereof, ------ 5,568 47 

Interest on loans paid in 1838, '39 and '40, do. do. 3,526 58 

10,054 26 

46,248 66 
Deduct amount of notes not yet -at maturity, and amount of 
open accounts, both of which items are comprised in the 
above, - 5,597 38 

Amount of cash payments, ... $40,651 28 

lethMay, 1840. JNO. WILLIAMS, Treasurer. 




86 

D. 

STATEMENT OF CASH ACCOUNT. 



The Richmond and Petersburg Railroad Company, 

In account with John Williams, Treasurer. 

1840. May 16. . DR. Dr. Cr. 

To amount of cash payments for construction, 

pr. statement A, . . . . $772,915 30 

To amount of expenses of transportation for tlie 

year 1838-'39, pr. report of that year, . 30,504 43 

To amount of account of expenditures, pr. 

statement C. .... 40,651 28 

To balance, 4,833 64 

1840. May 16. CR. 

By ainountof receipts for construction other than 
the appropriation from transportation profits, 
said appropriation being comprised in the 

credits hereafter sriven, pr. statement A, . . $724,273 38 

By amount of receipts from transportation for the 
year 1838-'39, pr. statement of that 
year, .... $54,959 63, 
Less fines charged "by Post 
Office department iji settle- 
ment for mail pay for 1838, $14 82 
And less diflcrcnce between 
the then estimated mail pay, 
S5581 25, and tlie sum finally 
agreed, $5511 30=69 95 pr. 
annum — for 4 1-2 months, 26 24 

41 06 

54,918 57 



2,142 10 



By proportion of the Richmond, Fredericksburg 

& Potomac Railroad Co. of omnibus expenses 

for the year 1838-'39, . . $888 18 

Do. do. do. 1839-'40, ^1^253 92 

By amount of receipts from transportation for the 
year 1839-'40, pr. statement B. $68,289 51 
Less 1 1-2 month's mail pay 

not rec'd, . . . $688 91 
And three fines, . . 30 00 

-718 91 . . 67,570 60 



$848,904 65 $848,904 65 



1840. May 16— By balance brought down, . . . $4,833 64 

Wh May, 1840. JNO. WILLIAMS, Treasurer. 



REPORT 



PRESIDENT AND DIRECTORS 



RICHMOND & PETERSBURG 



RAILROAD COMPANY, 



BOARD OF PUBLIC WORKS, 



Of the State of the Company for the Year ending ZQth Sept. 1840. 



RICHMOND: 

FEINTED BY PETER D. BEKNAHD. 

1840. 



REPORT. 



The President and Directors of the Richmond and Petersburg 
Railroad Company have the honor to submit to the Board of 
Pubhc Works the following Report : 

During the past year nothing extraordinary has occurred in 
the operations of the Road. The statement drawn up by the 
Treasurer, which accompanies this, will show the state of the 
fiscal affairs of the Company on the first of October. It will be 
seen that a considerable reduction of the outstanding debt on 
account of Construction has been effected, and that the amount 
yet due on the same account, excepting the loan from the State, 
and the Coupon Bonds, (which last are not yet redeemable,) could 
be paid off by the profits of the ensuing year. That done, but 
for the debt due to the State, the Company would be enabled to 
apply its profits to their proper purpose, the payment of dividends. 
The engagements of the Company have been so pressing, that to 
meet them, we have been unwillingly compelled to defer the 
payment of the interest due on the loan from the Commonwealth. 
li will also be out of our power to commence the return of the 
principal at the period prescribed by the law authorising the loan, 
which is now near at hand. The action of the Legislature in 
some form, at an early day, seems to be necessary to avert the 
disastrous effects on the credit of the Company, which would 
result from enforcing payment of either principal or interest. 
Owing to circumstances, most of the contracts and purchases of 
the Company are made on time, and as its credit has been pre- 
served thus far, great difficulty and increased expense would follow 
its destruction, In our humble opinion, a conversion of the loan 
into stock would be the measure best calculated to relieve the 



Company from its embarrassments ; and as it is shown by the 
statements that the State would ahiiost immediately thereafter 
receive fair dividends on its whole investment, it is hoped that the 
Board of Public Works will consider the propriety of recom- 
mending the proposed conversion. A gratifying increase of 
receipts will be seen on comparing the statement of this year 
with that of the last year. 

The Road, Engines and Cars are in good condition. Some of 
the defects inseparable from the kind of superstructure are indeed 
apparent, but as we have adopted the plan, so consistent with 
true economy, of repairing in time, we expect to keep the road in 
good traveUing order. 

The attention of every one connected with the management of 
our Virginia Railroads has been directed to the marked difference 
between the expenses of roads with heavy iron rails, and those 
with wooden rails plated with thin iron. It cannot be doubted 
that it would be good policy to substitute iron rails for wooden 
ones on this whole line of railroads at an early day. It is des- 
tined to continue to be, as it is now, the great thoroughfare 
between the North and South, and will well repay the cost of 
such an improvement. 

The interests of this Company, in common with the whole 
line, have been suffering from the change in the mode of con- 
necting with the Wilmington and Roanoke Railroad, rendered 
necessary by the arbitrary refusal of the Portsmouth and Roan- 
oke Railroad Company to stop for our passengers at their Depot 
at Garysburg. By the present arrangement, although the tra- 
veller is not detained on the route, the nett receipts of each Com- 
pany are materially reduced. 

All which is respectfully submitted. 

By order of the Board. 

JOS. H. COATES, President. 



Return of the state of the Richmond and Petersburg Railroad Com- 
pany for the year ending ZOth Sept. 1840. 

Capital Stock, 5,000 shares of $100, - - - S500,000 00 

Subscribed by individuals, 3000 shares, $300,000 00 
Subscribed by the State, 2000 do. 200,000 00 

Due from individuals on ac't of subscriptions, 5,726 06 

Due from State on do. do. 00 00 

Debts due to the Conip'y other than for subscriptions, 459 29 



-500,000 00 



Debts due from the Company — 

To the Commonwealth, for money borrowed, 148,065 83 
By Coupon Bonds in Ens-land, £12,300 stg. do. 54,666 67 
To Bank of Virffinia and Farmers' Bank, 17,280 00 

To Richmond, Fredericksburg & Pot. R. R. Co. 4,870 61 
To individuals, - - - - - 18 92 

Open accounts, bonds and notes, - - 8,699 70 



6,185 35 



Cash receipts from all sources from the commence- 
ment of the work to this date, - - 879,189 54 
Cash expended in the work, and for transportation, 

from do. to do. - - - - - 875,693 68 

Dividends declared from do. to do. - - none. 

Statement of Receipts and Expenditures loithin the year. 

Balance of money on hand pr. last Annual Report, $2,065 76 

Add Receipts during the year, viz: 
For Capital Stock instalments paid up by individuals, 740 GO 
From Transportation, ... - 68,12841 

Freiglit on other roads on goods forwarded, 4,380 79 
Temporary lolls and ferriages, - - 1,264 44 

5,645 23 

Debts received and materials sold, - - 2,887 41 



-233,601 73 



Deduct Disbursements during the year, viz. 
Repairs of Road, Engines and Cars, - - 14,724 06 

Officers' Salaries, viz. President, Treasurer, Ticket 

and Freight Agents, - - - 6,978 09 

Other expenses of Transportation, - - 14,707 23 

Interest paid, . . - . . 3,454 48 

Freight on other roads on goods forwarded, 4,577 94 
Expense of collecting temporary tolls and 

ferriages, - ^ - - - 439 95 

5,017 89 

Debts paid on account of Construction, - - 38,588 90 

83,470 65 
Deduct Notes of the Company included in the 

above disbursements not yet at maturity, 7,499 70 



-79,466 81 



75,970 95 



Balance of money on hand, $3,495 86 

Richmond, 1st Oct. 1840. JNO. WILLIAMS, Treasurer. 



STATEMENT, 

Showing the number of Officers of the Richmond and Petersburg 
Railroad Company^ and the Compensation of each. 



President and Superintendent, - - per annum, $1,750 

Treasurer, - - - - do. 1,000 

Two Clerks at Richmond Depot, $600 each, do. 1,200 

Two do. at Petersburg Depot, $500 each, do. 1,000 

Overseer of Road, - - - do. 800 

Foreman of Workshops, - - do. 780 

$6,530 



PROCEEDINGS 



THE STOCKHOLDERS 



I\ THE 



RICHMOND AND PETERSBURG 

RAILROAD COMPANY, 

AT 

THEIR GENERAL MEETINGS ; 

AND 

REPORTS 

MADE BY THE PRESIDENT AND DIRECTORS 
TO 

THE STOCKHOLDERS. 

SIXTH MEETING, JUNE 2nd, 1841. 



RICHMOND: 
Printed by P. D. Bernar'V 

184L 



SIXTH 
MEETING OF THE STOCKHOLDERS, 

Held on Wednesday, 2nd June, 1841, 



On the 26th ultimo, which was the day appointed for the an- 
nual meeting, there was not a sufficient number of stockholders 
in attendance to proceed to business, and they adjourned over to 
the 1st instant: on which day there was likewise not a sufficient 
number in attendance, and they again adjourned over to this 
day. 

HoLDEN Rhodes was appointed chairman of the meeting, 
and John Williams secretary. 

The roll of stockholders was called ; and there appearing to 
be present, in person and by proxy, private stockholders entitled 
to 525 votes, and the proxy of the Board of Public Works, Mr. 
James Lyons, entitled to 209 votes, being in all 734, (the whole 
number of votes that could be given being 1371,) the meeting 
proceeded to business. 

The following report was presented by the president and di- 
rectors and read. 



REPORT. 



The president and directors of the Richmond and Petersburg 
Railroad Company have the honor to submit to the stockholders 
the following report. 

The statements of the treasurer will give in detail the receipts 
and expenditures for the year ending on the 16th inst. By refe- 



90 

rence to the report for the previous year, it will be seen, that, 
exclusive of freight received for other roads, and of tolls from 
James River bridge and Appomattox ferry, the receipts were 
$65,384 37. The last two sources of revenue were temporary, 
and had ceased before the last annual meeting. The receipts for 
this year, after deducting a small amount of tolls received within 
it, are $71,077 65, being an increse of $5693 18. The freight 
has increased $5682 65, and the travel $510 34. The omnibus 
has paid less, owing to passengers having been carried the whole 
year free of charge, when going directly from one railroad to the 
other. The Richmond, Fredericksburg and Potomac Railroad 
Company paj's one half of its expenses. 

The current expenses of the year are $40,651 99. About 
$1500 of the chfirge for repairing engines and cars has been 
applied to their permanent improvement, in part by altering an 
engine from four (o six wheels, and a passenger car from four to 
eight wheels. The expenses have been increased by the neces- 
sity for running an additional train for the mail, during the whole 
year, at hours of the night which did not suit our local travel, 
excepting for a few weeks in one direction. The renewal of 
some of the timber in the road became necessary last summer, 
and has swelled the cost of repairs. 

We are disappointed in the receipts from travel. A handsome 
increase was expected from the completion of the Wilmington 
and Roanoke Railroad, but the continued embarrassments of the 
country have sensibly affected that great line, and with it the 
one of which your road forms a part. The Raleigh and Gaston 
Railroad has added considerably to your freight, and when trade 
revives, these two roads will give you a valuable travel. The 
difficulty in relation to the Weldon bridge between the Ports- 
mouth and Petersburg Companies yet exists. A negotiation for 
the sale of half the bridge was lately broken off by the inability 
of the Portsmouth Railroad Company to make a title satisfactory 
to the Petersburg Railroad Company. On the refusal of the 
Portsmouth Company to carry our passengers across the bridge 
in their cars, it was deemed advisable to reduce the fare from 



91 

Weldon to BaUimore. It is much to be regretted that a contest 
so injurious to both lines should be continued so long. 

At the next meeting, it may be necessary for you to express 
some opinion in relation to the renewal of the mail contract which 
will expire the last of June, 1843. When the contract was 
made, the compensation was known to be inadequate, but was 
agreed to from a desire to prevent the inconvenience to the public 
which would follow an elttempt to carry the mail on the parallel 
stage roads. We give up to the Post Office Department the 
control of the hours of departure ; are obliged to run at high 
speed to deliver in time, and with all the responsibilities attached 
to the service, receive no greater pay than we do for carr3Mng lei- 
surely the same room filled with merchandise. The opinion that 
Railroad Companies ought to be satisfied with cost for carrying 
the mail, is erroneous. There is no reason why they should not 
receive a fair profit on this, as well as on their passengers and 
freight. Passengers are now carried with the mails in sixty- 
eight hours from New York to Charleston. In going north, 
there is a delay of more than twelve hours in Baltimore which 
would be prevented by a night line to Philadelphia. 

A fruitless application was made to the Legislature at its late 
session for the conversion of the loan from the state into stock of 
the company. Unless this be done, the profits from transporta- 
tion must be applied to the payment of principal and interest of 
the loan, until paid in full, instead of being divided among the 
stockholders. 

It is already known to many of you, that the Legislature did 
not grant to the Richmond, Fredericksburg and Potomac Rail- 
road Company, the comparatively trifling aid which would ena- 
ble it speedily to finish the road between Fredericksburg and the 
Potomac, the only gap in steam communication between Maine 
and Georgia. It is not less a reproach to the state among stran- 
gers, than an objection to the line, exaggerated as its inconveni- 
ences often are. The company is, however, applying all avail- 
able means to its completion, and we may look forward to the 
time when, with ice boats on the Potomac, the trip to Washington 
will be made as easily in winter as in summer. An improvement 



92 

so great will not only g-'ive us a larger share of the present travel, 
but will invite many who cannot now encounter a journey in the 
winter. 

Your road labors under a disadvantage from its want of 
greater length. A few miles more would add far more to the 
receipts than to the expenses. Since the road cannot be extended 
beyond its present terminations, the construction of branches is 
the only way to increase its business. A survey has been made 
for one to Bermuda Hundred on James River, where vessels for 
foreign ports receive their cargoes from Richmond. The ground 
is remarkably favorable, and the distance about ten miles, making 
twenty-five miles from Richmond to the shipping. The security 
and speed with which produce and imported goods could be carried, 
and the situation of your depot, so near the warehouses, canal basin 
and mills, would give you a large freight business. Not less im- 
portant would be the travel between the city and shipping, and to 
and from the Norfolk steamboats, whose owners would find it to 
their interest to avoid the tedious windings of the river by 
stopping at the railroad wharf The discovery of extensive beds 
of bituminous coal on the north side of the Appomattox, may 
have an important bearing on this subject. The proprietors are 
desirous of shipping their coal, but cannot bear the expense of 
hauling by wagon to the river. If the proposed branch were 
made, they might haul to it, and having shown the business to 
be productive, could obtain aid in making a road to connect with 
yours. Thus they could also supply Petersburg at low rates of 
freight. 

Respectfully submitted by order of the Board of Directors. 

JOS. H. COATES, Pres'i. 

Richmond, May 26, 1841. 

"Whereupon, on motion, the said report, and the accompanying 
statem.ents were received and ordered to be recorded. 

On motion, Resolved, That the meeting do now proceed to the 
election of President and Superintendent of Transportation for 
the ensuing year. 

Whereupon, Mr. Joseph H. Coates was unanimously re-elected 



93 

to the office of President and Superintendent of Transportation 
for the ensuing year. 

The meeting then proceeded to the election of three directors 
for the ensuing year. 

It was signified to the meeting by Mr. Samuel Mordecai, that 
Mr. Robert B. Boiling declined being nominated for re-election as 
director. 

Whereupon, Dr. John Bragg, Mr. R. B. Haxall, and Mr. Jas. 
Bosher were unanimously elected directors for the ensuing year. 

Mr. R. B. Haxall v/as unanimously re-elected Vice President 
for the ensuing year. 

The chair appointed Messrs. Samuel Taylor, Nicholas Mills 
and James W. Ford the annual committee of examination. 

On motion of Mr, R. B. Haxall, Resolved, That the annual 
meetings of this Company shall hereafter take place on the 
Tuesday after the last Monday in May. 

And then the meeting adjourned. 



94 



A. 

STATEMENT OF RECEIPTS AND EXPENDITURES 

Fur construction of the Road. 



RECEIPTS. 

Amount reported last year, - - - $772,915 30 

Deduct therefrom amount of reduction effected in 

the past year in loans from banks and others, 11,868 66 

Received in the past vcar,— from Commonwealth 

of Virginia, balance of loan of $150,000, «1,934 17 

From stockholders' arrears of instalments, 740 00 

$2,674 17 
AoDroprialion from profus of transportation in the 

past year - - - - - 18,489 II 



$761,046 64 



21,163 28 
§782,209 9:i 



EXPENDITURES. 

Amount reported last year, per statement A. $778,217 94 

Expended in the past year: 

Land damaores, - - $1,153 04 

Purchase of Manchester and Peters- 
burg Turnpike, - - - 90 00 
Superstructure, - - - 204 35 
Masonry, - - - - 77 62 
James River bridge superstructure, 3,483 80 
Swift Creek bridge, - - 100 10 
Kingsland Creek bridge, - - 185 40 
Furcliase of real property in Richmond, 61 08 
Depots and VN-orkshops, - - 977 89 
Locomotive engines and machinery, 79 65 
Contingent expenses, commission for 
collecting iiistalnienis in Petorsbure", 
&c. - - - - ^ 402 95 

$6,815 88 

Deduct credits during the past year: 

Timber sold heretofore charged 
to James River bridge super- 
structure, - - $22 08 

Machinery sold, charged to lo- 
comotive engines and cars, 524 28- 

Received of Riclimond, Frede- 
ricksburg and Potomac Rail 
Road Company, their propor- 
tion of cost of omnibus, bag- 
ixage wagon and horses, 1,096 59 

Interest received from said 

Company and stockholders, 308 59 

' ^ $1,951 54 



Amounts carried forward, $4,864 34 $4,864 34 $782,209 92 



95 

Amount brought forward, $4,864 34 $4,864 34 $782,209 92 

Deduct amount of notes given in pay- 
ment not at maturity, - - - 872 36 

Nett amount of cash payments during- 

the year, - - - $3,991 98 



Whole cost of road and property to May 16, 1841, $783,082 28 
Amount of notes not yet at maturity, as above 
deducted, - - - - - 872 36 



Whole amount of cash payments, - $782,209 92 

I6th May, 1841. JNO. WILLIAMS, Treasurer. 



B. 

STATEMENT SHOWING THE RECEIPTS OP MONEY 

From all sources on construction account to 16th May, 1841. 



Of capital stock, . . . . . $494,273 94 

Loan from the State, - - $150,000 00 

Coupon bonds sold in England, 

£12,300 sterling, at par, 54.666 67 

Loans from banks and others, 16,138 28 



$220,804 95 



Appropriations from profits of transportation : 
In two years, per last year's report, 

statement A. - - $48,641 92 

During the past year, per state- 
ment A. - - - 18,489 11 

$67,131 03 

$287,935 98 



Whole amount of money received from all sources, $782,209 92 

iQth May, 1841. JNO. WILLIAMS, Treasurer. 

4 



96 
C. 

STATEMENT OP THE INCOME FROM TRANSPORTATION, 

rrotn mil Mtj, 1840, to I6th May, 1841. 



Months. 


Local 
Travel. 


Long 
Travel. 


Freight. 


Omnibus. 


Totals. 


1840. 




For all May. 








May 16 to 31, 












inclusive, 


$1,565 41 


$446 12 


$1,226 84 


$18 75 


$3,257 12 


June, - - 


3,334 42 


418 00 


1,887 91 


14 00 


5,654 33 


July, - - 


3,478 37 


363 47 


1,422 43 


5 50 


5,269 77 


August, - - 


3,366 39 


287 29 


1,453 14 


2 00 


5,108 82 


September, 


3,061 12 


516 67 


1,251 79 


75 


4,830 33 


October, 


4,691 90 


471 00 


1,651 36 


- 


6,814 26 


November, 


2,482 50 


450 93 


1,346 02 


4 00 


4,283 45 


December, - 

1841. 
January, 


3,071 34 


346 91 


1,464 74 


50 


4,883 49 


3,110 40 


168 77 


1,920 28 


. 


5,199 45 


February, - 


2,865 73 


494 39 


1,962 77 


1 50 


5,324 39 


March. - - 


3,236 71 


550 55 


2,189 73 


- 


5,976 99 


April, - - 


2,977 10 


232 55 


2,412 19 


- 


5,621 84 


May 1 to 15, 




Receivable 








inclusive. 


1,667 29 


in June. 


1,608 14 


15 15 


3,290 58 


$38,908 68 


$4,746 65 


$21,797 34 


$62 15 


$65,514 82 



Mail pay for the year, 
Less fines, 



$5,511 30 
20 00 



Premiums and discounts, balance at credit of the account, 
Ferriages on Appomattox river, ----- 
Tolls on James river bridpre, - - • - 



5,491 30 

71 43 

1 75 

1 25 

$71,080 55 



16iA.Maj/, 1841. 



JNO. WILLIAMS, Treasurer. 



97 
D. 

STATEMENT OF TRANSPORTATION EXPENSES, 

rroT7i Wh May, 1840, to I6th May, 1841. 



Train expenses, (hands, wood, oil, &c.) ... $10,194 72 

Depot expenses, (watclimen, hands, &c.) - - - 3,653 46 

Repairs of rail road, ..... 11,859 34 

Repairs and alterations of locomotive eng'incs and cars, 8,383 81 
Officers' salaries (President, Vice President, Treasurer, Ticket 

and Freight Agents), . - . . . 5^354 07 

Office expenses, ._-... 60 36 

Newspapers, advertising and printing, ... 54O 46 

Contingent expenses, ..... 230 74 

Postages, ....... 95 01 

Train damages (cattle, &c. killed, and damages by fire), 52 00 

Train losses, (goods damaged and lost), ... 299 19 

Omnibus and baggage wagon, .... 2,171 02 

Transportation of mail and baggage in Petersburg and Rich- 
mond, --.-... 442 25 



$43,266 43 
4,423 90 



Deduct amount of notes given in payment not yet at maturity, 
and salary unpaid, which arc included in the above, 

-Amount of cash payments, - - $38,842 53 

Statement showing the Current Expenses of the year. 

Amount brought down, .... - §43,266 43 

Deduct proportion of omnibus and 

baggage wagon expenses, charged 

to Richmond, Fredericksburg and 

Potomac Rail Road Company, one 

half of - - - - S2,171 02 

Less receipts from omnibus during 

the year, - - - 62 15 

$2,108 87 

Sl,054 44 

Deduct estimate of rails and spikes on hand, 1,660 00 

$2,714 44 

Amount of current expenses of the year, ... $40,551 99 

Wh .May, 1841. JNO. WILLIAMS, Treasurer. 



98 

STATEMENT OF CASH ACCOUNT. 



The Richmond and Petersdurg Railroad Company, 

In account with John Williams, Treasurer. 

1841. May 16. DR. CR. 

By balance brought from last year's account, 

statement D. - - - - - $4,833 64 

By mail pay deducted from said account, since 

received, . - . . . 688 91 

By cash received of Richmond, Fredericksburg 
and Potomac Railroad Company on account of 
omnibus expenses of foimer years in addition 
to credits heretofore given, ... IQO 91 

By amount of receipts on construction account 
during tlie past year, per statement A. other 
than the appropriation from transportation pro- 
fits, which is comprised in the following credit 
for receipts from transportation, - - 2,674 17 

By amount of receipts from transportation, per 

statement C. - - - - - 71,080 55 

By cash received, freight on other roads on pro- 
duce and goods, .... 10,626 12 

To amount of notes deducted in account of con- 
struction expenditures last year, statement A. 
since paid, ..... $5,302 64 

To do. deducted in account of transportation ex- 
penses last year, statement C. since paid, - 5,597 38 

To amount of payments made of loans in the past 

year, per statement A. - . . . 11,868 66 

To amount of cash payments for construction, per 

statement A. - - - - - 3,991 98 

To do. for transportation, per statement D. - 38,842 53 

To cash paid on account for rebuilding 

omnibus, - . . . $400 66 

Less received of Richmond, Freder- 
icksburg and Potomac Railroad Co. 246 97 

153 69 



To cash paid interest on loans from 

banks, «fcc. - - - - $5,084 44 

Do. on Coupon bonds 1 year, $3,705 20 
Less note given for do. not 
yet at maturity, - - 1,874 95 

1,830 25 

6,914 69 

To cash paid freight on other roads on produce 

and goods, . . . - . 9,244 90 

To do. expense of Appomattox ferry, - - 44 12 

To do. rebuilding Appomattox bridge, $2,014 37 
Less charged last year, statement C. 959 21 

1,055 16 

Toamountof uncollected frcightscredited ascash, 2,047 75 
To balance due by postoffice department do. 3,115 41 

To balance due to the Company, - - 1,825 39 



$90,004 30 $90,004 30 



1841. May 16— By balance in hand brought down, - - $1,825 39 

mh May, 1841. JNO. WILLIAMS, Treasurer. 



PROCEEDINGS 



THE STOCKHOLDERS 



RICHMOND AND PETERSBURG 

RAILROAD COMPANY, 

AT 

THEIR GENERAL MEETINGS; 

AND 

REPORTS 

MADE BY THE PRESIDENT AND DIRECTORS 

TO 

THE STOCKHOLDERS. 
SEVENTH MEETING, JUNE 1st, 1842. 



RICHMOND : 

Printed by P, D, Bernard, Museum Building. 
1842. 



^ 



SEVENTH 
MEETING OF THE STOCKHOLDERS, 

Held on Wednesday, 1st June, 1842. 



On the 31st ultimo, which was the day appointed for the An- 
nual Meeting, there was not a sufficient number of stockholders 
in attendance to proceed to business, and they adjourned over to 
this day. 

James Lyons was appointed Chairman of the meeting, and 
John Williams, Secretary. 

The roll of stockholders was called ; and there appearing to 
be present, in person and by proxy, private stockholders entitled 
to 518 votes, and the proxy of the Board of Public Works, Mr. 
James Lyons, entitled to 209 votes, being in all 727, (the whole 
number of votes that could be given being 1,372,) the meeting 
proceeded to business. 

The following report was presented by the President and Di- 
rectors and read. 



REPORT. 



The President and Directors of the Richmond and Petersburg 
Railroad Company have the honor to submit to the stockholders 
their report for the year ending on the 15th May, 1842. 

The Treasurer's statements show that the receipts are less than 
those of the last year by the sum of $4,949 10, the whole of which 
deficiency has occurred since the first of January last. The low 
price of tobacco during the spring has induced the planters to 



102 

hold it back, so that the number of hogsheads this year is about 
2,500 less than the number carried last year. This, with the 
loss of the travel which always accompanies tobacco, will account 
for a large portion of the deficiency. For the rest, we have only 
to point at the general stagnation of business, deeming it a fa- 
vorable sign of the stability of your business, that the receipts 
have fallen off so little. 

Every year shows more clearly the advantages to be derived 
from the construction of a branch to navigable water. Informa- 
tion having been received of a point on the Appomattox to which 
it was said the largest vessels could be brought, the Board, con- 
jointly with some gentlemen interested in the coal trade, requested 
Mr. J. H. Hopkins, a well known skilful engineer, to survey" a 
route for a branch road, and to ascertain the depth of water from 
City Point up to the proposed landing. Referring you to his re- 
port for details, we may state that any vessel which can pass 
Harrison's bar in James River can without difficulty come up to 
a point less than three miles from your road, and little more than 
six from City Point. The distance of the landing from Rich- 
mond would be 19^ miles, affording to merchants a rapid trans- 
portation of cargoes both ways. An arrangement could be made 
with the Norfolk boats for delivering and receiving their passen- 
gers at the railroad wharf, which alone would be a profitable 
business. The same engineer has made a survey of a route from 
the coal pits on Winterpock Creek to a point about midway 
of your road, and finds the ground to be remarkably favorable. 
The distance is sixteen miles, and we are induced to beheve that 
the company chartered for the purpose will commence the work 
at no very distant day. The estimated cost of the branch, with all 
appurtenances and the wharves required for a moderate coal and 
passenger business, is $22,000. Probably an arrangement niay 
be made for building it by which the profits of the work itself 
will meet a considerable portion of the payments. The motive 
power of the Company is ample for the commencement of the 
business. Impressed with the importance of this subject, the 
Board recommend that they be authorised to contract for the 
work, if, on further inquiry they deem it expedient. 



103 

The persevering efforts of the Richmond, Fredericksburor and 
Potomac Railroad Company have so far completed their road 
to the river that its opening for travel early next winter is certain. 
The want of a proper connexion between the Petersburg and 
Wilmington roads at the Roanoke continues to be a serious dis- 
advantage to the W'hole line. We cannot but hope that an object 
attained with so little proportionate expense will no longer be ne- 
glected by the Company, on whom its completion devolves. 

Respectfully submitted by order of the Board. 

JOS. H. COATES, President. 
May 31, 1842. 



To Jos. H. Coates, Esq. President, and others, subscribers to 
the survey for a railroad from the Winterpock coal mines, to the 
Richmond and Petersburg Railroad, and for the branch from 
the latter road to tide water, the undersigned respectfully submits 
the follov/ing 

REPORT. 

A preliminary examination of a route which had been sug- 
gested, from the coal mines by the way of Chesterfield Court 
House, to the railroad near the " water station," was followed by 
a survey of that route, which was found remarkably favorable 
for the construction of a railroad. 

The length of this line is sixteen miles. It generally follows 
the course of a ridge, is very direct, and free from objectionable 
rates of curvature and grade. The cost of a good railroad for 
coal transportation, adapted to the use of locomotive power, is 
estimated at $105,000. 

In order to ascertain the most advantageous branch from the 
Richmond and Petersburg Railroad to a desirable shipping 
point, actual soundings were taken of the Appomattox River, 
from a landing which had been suggested, near " Bakehouse 
Branch," five or six miles above the mouth of the river, and below 
that point a good channel was found of, and exceeding 19 feet 
depth, to its entrance into James River, and 14 feet depth at low 



104 

water on the bar there ; this bar, however, is known to admit the 
passage of vessels drawing as much water as can be carried over 
" Harrison's bar," and therefore offers no serious obstacle. 

A favorable shore for wharfing purposes is found at the landing 
indicated, which appears to the undersigned to offer many ad- 
vantages, as the termination of a branch to shipping, without 
which the Richmond and Petersburg road was never considered 
complete by its projectors, and especially by the distinguished 
engineer who superintended its location and construction. 

The branch to this landing commences about 16^ miles from 
Richmond, south of the crossing of the turnpike road, on the 
lands of John Walthall, Esq. who evinces a liberal disposition 
towards the Company. The length of the hne is 2 miles 4,680 
feet, and its cost, including the necessary wharves for a moderate 
coal and passenger business, is estimated at $22,000. 

The construction of these two roads will be perceived, on ex- 
amination, to accomplish most important objects, both to the coal 
interests on Winterpock, and to the Richmond and Petersburg 
Railroad Companj^, who are particular!}' and deeply interested 
in the branch to tide water. 

The coal interests attain a continuous railroad transportation 
to Richmond, Petersburg and shipping, the charge on which at 
a remunerating toll to the railroad companies, or even at the 
highest legal charge, will be moderate, compared with any other 
mode of conveyance from those rivers. 

It is well known that most of the railroads for coal transpor- 
tation in Virginia have been profitable, and it is believed that 
none has had more advantages than would be possessed by the 
proposed "Clover Hill Railroad." The Richmond and Peters- 
burg Company being amply provided with locomotive power, 
shops, &c. will be able advantageously to contract for doing the 
transportation, and the " Clover Hill" Company will thus be re- 
lieved of the necessity of providing those costly fixtures, and may 
simply charge a toll for the use of their road and keeping it in 
repair. 

A toll of two cents a bushel on a million of bushels (a moder- 
ate estimate of the production of those mines with such access 



105 

to market) will yield that railroad an annual surplus of $10^000, 
besides maintaining the road and paying a dividend of six per 
cent, per annum. 

The Richmond and Petersburg Railroad Company, on their 
part, will derive for the use of their road and branch, and from 
the coal transportation on both roads, not less than a nett profit 
of $16,000 to $20,000 per annum. This Company would re- 
ceive other accessions to its business by the construction of the 
proposed branch to shipping, (from the passenger business con- 
nected with a line of steamboats down James River, transporta- 
tion of produce, and other items,) which cannot be extravagantly 
estimated at an equal farther sum, without incurring any material 
increase of expenses. Thus an additional profit may be antici- 
pated of five or six per cent, per annum of the whole capital 
stock of this Company. 

In tmth, this Conipany, whose capital stock is large, and whose 
expenses are not materially varied by the amount of its business, 
making now a small but steady profit, seems only to require an 
accession of business, to realise all its most sanguine friends an- 
ticipated for it, and as it is now doing all the business within its 
reach, there seems no prospect of attaining such an accession 
within a moderate time, except by the construction of one or both 
the branches in question — that to shipping, as before remarked, 
having always been deemed essential to its completion. 

Referring you, for a more minute description of the lines and 
their cost, to the accompanying maps and estimates, and to Mr. 
Coates, who very materially assisted me in the examination. 
I have the honor to be, 

Very respectfully, 

Your obedient servant, 

J. H. Hopkins. 

Richmond^ May 31, 1842. 

Whereupon, on motion, the said reports and the accompanying 
documents were received, and ordered to be recorded and printed. 

Resolved^ That a committee be appointed to investigate the 
advantages and disadvantages of constructing a branch railroad 



106 

to connect with tide water, and to confer with the President and 
directors in relation to such road, and report to a future meeting 
of the company. 

Messrs. Samuel Marx, Robert B. Boiling, and James Lyons 
were appointed the committee. 

The meeting then proceeded to the election of officers. 

JoseptfH. Coates was unanimously re-elected President and 
Superintendent of Transportation. 

Richard Barton Haxali was unanimously re-elected Vice- 
President, 

And James Bosher, Richard Barton Haxali, and John Bragg 
were unanimously re-elected Directors. 

Charles Ellis and Holden Rhodes were announced to have 
been appointed Directors on behalf of the State. 

J. W. Ford, Rd. A. Carrington, and Wm. P. Sheppard were 
appointed the Annual Committee of Examination. 

On motion of Mr. Robinson, it was resolved, that when this 
meeting adjourns, it will adjourn to meet again on Friday the 8th 
July next. 

And ihen, on motion, the meeting adjourned. 



107 



A. 

STATEMENT OF RECEIPTS AND EXPENDITURES 

For Construction of the Road. 



RECEIPTS. 

Amount reported last year, per statement B, $782,209 92 

Appropriation from the profits of Transpor- 
tation during the year, from I6th May, 
1841, to 16th May, 1843, ... - 6,773 42 

Total receipts, $788,983 34 

EXPENDITURES. 

Amoimt reported last year, per statement A, $783,082 28 
During the year from 16th May, 1841, to 16th 

May 1842, viz : 
Manchester &Petersburg Turnpike, $ 60 00 
James river bridge superstructure, l,4l7 03 
Richmond depot, . - - - 73 97 
Land damages, - . - 2,892 85 

Swift creek bridge, - . - 272 36 

Water station, 75 27 

Depots and workshops, - - 80 35 

Masonry, 67 71 

Superstructure, - - - - 35 50 
Pocahontas depot, .... 492 83 
Graduation, .... 239,30 

Locomotive engines and cars, - 516 39 

6,223 56 

Whole cost of road and property to 

16th May, 1842, 789,305 84 

Deduct amount of notes not yet at maturity, 322 50 

Total cash payments to 16th May, 1842, - - $788,983 34 

JNO. WILLIAMS, Treasura: 
Richmond, I6th May, 1842. 

N. B. — The whole amount of appropriations from profits 
of transportation in 4 years, from 16th May, 1838^ to 16th 
May, 1842, for payment of debts of construction, is $ 78,223 81 

And the whole amount of interest paid on said debts, in 
the same time, is 26,429 73 

Whole amount paid from profits of transportation in 4 
years, $104,653 54 



108 



B. 

STATEMElSrT OF INCOME FROM TRANSPORTATION, 

From IGtk May, 1841, to WkMay, 1842. 







Long travel 








Local 


fromWeldon, 






Months. 


Travel. 


Petersburg & 
Baltimore. 


Freight. 


Totals. 


1841. 










May 16 to 31, 




Ma;,"|»5« 






inclusive, 


$1,834 70 


$1,397 01 


$3,487 12 


June, - - 


2,803 86 


323 31 


2,221 37 


5,348 54 


July, - - 


3,410 09 


520 51 


1,915 38 


5,845 98 


August, - 


2,808 81 


798 54 


1,493 82 


5,101 17 


September, 


3,186 16 


940 56 


1,351 97 


5.478 69 


October, - 


2,984 23 


749 29 


1,565 17 


5;298 69 


November, 


2,379 31 


421 45 


1,091 70 


3,892 46 


December, 


3,104 34 


304 93 


1,218 18 


4,627 45 


1842. 










January, - 


2,793 49 


418 30 


1,354 97 


4,566 76 


February, 


2,313 19 


485 51 


1,514 65 


4,313 35 


March, - 


2,489 57 


705 72 


1,760 01 


4,955 30 


April, - - 


2,345 32 


526 75 


1,766 67 


4,638 74 


May 1 to 15, 




Receivable 






inclusive. 


1,408 09 


in June. 


1,356 48 


2,764 57 


$33,861 16 


$6,450 28 


$20,007 38 


$60,318 82 



Mail pay for the year, 

Less Fines, 



>,511 25 
65 00 



Premiums on foreign notes, specie, and post office drafts. 



- 5,446 25 
366 38 

$66,131 45 



Richmond, I6tk May, 1842, 



JNO. WILLIAMS, Treasurer. 



109 



C, 



STATEMENT OP TRANSPORTATION EXPENSES, 
Frmti 16tk May, 1841, to I6th May, 1842. 



Train expenses, (hands, wood, oil, &c.) . - . $10,350 04 

Depot expenses, (watckmen, hands, &c.) - - - 3,850 24 

Repairs of railroad, 12,856 01 

Repairs and alterations of locomotives and cars, - - 8,147 03 
Officers' salaries, (President, Vice President, Treasurer, 

Ticket and Freight Agents,) 5,638 23 

Office expenses, ----.... 77 06 

Newspapers, advertising and printing, - - - - 220 14 

Contingent expenses, 119 75 

Postages, 17 91 

Train Damages, (cattle killed,) 25 00 

Omnibus, - 1,119 50 

Transportation of mail in Petersburg, - - - - 270 17 

Repairs of bridges, (tarring, sanding, &c.) - - - 215 92 

Repairs of depots, .-..-.. 183 43 

Repairs of turnpike, -..-.-. lOO 00 

Amount of current expenses of the year, - - $43,190 43 

Deduct amount of notes not yet at maturity, - - 3,383 48 

Amount of cash payments, - ... - $39,80695 

JNO. WILLIAMS, Treasurer. 
RichTiiond, I6th May, 1842. 



110 

I>. 

STATEMENT OF CASH ACCOUNT. 



The Richmond and Petersburg Railroad Company, 

In account with John Williams, TVeasurer. 

1842. May 16. 

By balance brought from last year's account, 
statement E, .--... $1,82539 

By balance due by post office department, last 
year, since received, - - - - . 3,115 41 

By old freights collected since last report, - - 1,436 83 

By amount of sales of damaged freight, - - 50 25 

By amount of receipts from transportation, per 
statement B, ----- - 66,131 45 

By cash received freight on other roads, on pro- 
duce and goods, ..... 10,659 42 

To amount of notes deducted in account of con- 
struction expenditures last year, per state- 
ment A, since paid, - - - - $ 872 36 

To amoimt of notes deducted in ac- 
count of transportation, expenses 
last year, per statement D, since 
paid, - - . - $4,423 90 

And note for interest on Coupon 
bonds, per statement E, since paid, 1,874 95 



6,298 85 
To amount of payments of temporary loans in 

the past year, ----- 4,319 36 
To amount of payments of interest 

on loans, - - - $4,776 75 

To amount of payments of interest 

on Coupon bonds in England, 3,768 29 



8,545 04 

To amount of cash payments for construction 
in the past year, per statement A, - - 5,901 06 

To amount of cash payments for transportation 
in the past year, per statement C, - - 39,806 95 

To cash paid freight on other roads on produce 
and goods, . . - . . 11,387 78 

To balance due by post office department, being 
part of the year's mail pay, credited in state- 
ment B, as cash, .... 688 91 

To cash paid Richmond, Fredericksburg and 
Potomac Railroad Co. proportion of deficien 
cy in long travel, . . - 

To balance due to the company, 



By balance due to the company brought down, 
including uncollected freights, 

JNO. WILLIAMS, Treasurer, 
Richmond, 16«A May, 1842, 



187 50 
■ 5,210 94 






$83,218 75 


$83,218 


75 


- 


$5,210 94 



in 



ADJOURNED MEETING, 
HELD ON FRIDAY, SthJULY, 1842, 



In pursuance of the Resolution adopted at the last meeting, the 
stockholders met this day at the office in Richmond, Mr. James 
Lyons in the chair, and Mr. Jno. Williams, Secretary. 

There being present, in person and by proxy, private stockhol- 
ders entitled to 660 votes, and the proxy of the Board of Public 
Works, Mr. Lyons, entitled to 209, in all 869, (the whole number 
of votes that could be given, being 1372,) the meeting proceeded 
to business. 

The Chairman stated the purpose of the meeting to be, the 
consideration of the subject of the resolution adopted at the last 
meeting, appointing a committee to investigate the advantages 
and disadvantages of constructing a branch railroad to connect 
with tide water. 

Mr. Samuel Marx, one of the committee appointed, submitted 
his report, which was read. Mr. Boiling and Mr. Lyons, the 
other members of the committee, stated that they had not been 
able to give sufficient attention to the subject to enable them to 
report. 

REPORT OF MR. MARX. 

The undersigned as one of the committee appointed by the 
stockholders of the Richmond and Petersburg Railroad Company 
to investigate the advantages and disadvantages of constructing 
a branch railroad to connect with tide water, and to confer with 



113 

the President and Directors in relation to such road, has perform- 
ed that duty, and begs leave to report to the present meeting such 
information as he has been able to obtain on the subject. The 
proposed branch would commence at a point on the present road 
about five and a half miles from Petersburg, and extend to Wal- 
thall's Landing on the Appomattox, a distance of 2^ miles, which 
landing is about 5^ miles above City Point. The depth of water 
at this landing is sufficient for vessels of the largest size — being 
able to admit any vessels that can cross Harrison's bar. 

The estimated cost of the branch, is twenty-two thousand dol- 
lars : and there is every reason to believe that the construction of 
this branch would add materially to the business of the main 
road. As regards the increase of passengers on the road, we 
have some data to guide us in looking to the returns of the City 
Point Railroad ; this road is only 9^ miles long, and received 
from passengers during the past year, $4,792. We may antici- 
pate at least twice that receipt on a road 19^ miles long, consti- 
tuting a connection between Richmond and Norfolk, without 
making m.uch allowance for the frequent intercourse that may be 
expected between Richmond and the shipping at the termination 
of the proposed branch and City Point. 

To form some estimate of the travel, supposing the steamboats 
to make three trips per week as at present, and that the number 
of river passengers averages, as is believed, twenty per day, to 
and from Richmond, each way, we have 6,240 passengers, at 
$1 50— $9,360, 

and for local passengers between Richmond and the 
shipping, estimated at three only per day, each way, 
2,190 passengers, at $1 50— 3,285 



$12,645 
There is every reason to believe that this business would be 
certain, and would occasion to the company (after the Branch is 
constructed) only the expense of a horse-car between the Landing 
at Walthall's and the intersection with the Richmond and Peters- 
burg Railroad. 

As regards freights, the experience of the City Point Railroad 



113 

shows that foreign ships will prefer taking in their cargoes at 
wharves to receiving them from lighters, and the fact that the to- 
bacco which formerly came from Petersburg to Richmond by 
lighters now comes entirely by Railroad, furnishes strong pre- 
sumptive evidence that the Railroad to Walthall's would at least 
take a portion of the freight to and from foreign ports ; if it 
even took one-fourth of it, the revenue from this source alone 
would be $9,000 more. 

In addition to the above advantages attending the construction 
of the proposed branch, it is confidently believed that the execu- 
tion of this branch will immediately lead to the construction of 
another branch to the Clover Hill coal mines. It is supposed that 
the proprietors of these mines, and of the other lands embraced in 
the coal field, are willing to give one-half their coal interest to 
any parties who may be willing, for this interest, to embark in 
the construction of a Railroad between these mines and a point 
on the Richmond and Petersburg Railroad, nearly equally con- 
venient to Richmond and Petersburg, and the termination of the 
proposed branch at Walthall's. With these three outlets to the 
coal trade of these mines, the development of their business would, 
it is believed, be but moderately estimated at that of the mines 
which find their way to market by the Chesterfield Railroad, 
which has averaged considerably more than a million of bushels 
per annum ; estimating the business of the Clover Hill Mines at 
this amount only, at the moderate toll of four cents per bushel, 
the revenue from this source would be $40,000 per annum. — 
The principal objection to undertaking the construction of the 
proposed branch would seem to be the situation of the company, 
as being already embarrassed by debt, but it is understood that 
the road can be contracted for, at or within the amount named, 
payable in bonds at one, two and three years, to be completed in 
six months from the date of the first monthly estimate ; it would 
of course be producing a revenue six months before any payment 
was to be made, and as these payments would be equally distri- 
buted through three years, even with large allowances and de- 
ductions on the smallest estimate, the increased revenue of the 
company for three and a half years would be abundantly adequate 



114 

to meet them as they would occur, and leave a surplus from the 
additional income of the company for other purposes. 
All which is respectfully submitted, 

SAML. MARX. 
Richmond, July 8, 1842. 

Whereupon, the following Resolution was adopted. 

Resolved, That the report which has been read be, and the 
same is hereby approved, and that the President and Directors be 
authorised to proceed in the construction of the branch to tide 
water contemplated in the report, if arrangements can be made 
for the construction of the same, including the adjustment of 
any claims for damages occasioned thereby satisfactory to the 
board : Provided, that the Board of Directors, before proceeding 
to contract for the constructing of said branch, shall be satisfied 
that a connection by railroad will be formed by others than this 
company, between the coal lands on the Appomattox and the 
road of this company. 

On motion, the meeting then adjourned. 



PROCEEDINGS 



THE STOCKHOLDERS 



RICHMOND AND PETERSBURG 



RAILROAD COMPANY, 



THEIR GENERAL MEETINGS; 



REPORTS 



MADE BY THE PRESIDENT AND DIRECTORS 



THE STOCKHOLDERS. 



EIGHTH MEETING, MAY 30th, 1843. 



RICHMOND: 

PRINTED BY P. D BERNARD, MUSEUM BUILDING. 
1843. 



EIGHTH 
MEETING OF THE STOCKHOLDERS, 

Held on Tuesday, 30th May, 1843. 



At a meeting of Stockholders of the Richmond and Peters- 
burg Railroad Company, held at the OfRce of the Company 
in Richmond, on Tuesday the 30th May, 1843, 

James Lyons was appointed Chairman of the meeting, and 
John Williams, Secretary. 

The roll of Stockholders was called ; and there appearing to 
be present in person and by proxy, private Stockholders entitled 
to 811 votes, and the proxy of the Board of Public Works, Mr. 
James Lyons, entitled to 209 votes, being in all 1020, (the whole 
number that could be given being 1409) the meeting proceeded 
to business. 

The following reports, with the accompanying statements, were 
presented by the Vice-President and Directors. 

REPORT. 

The Vice-President and Directors of the Richmond and Peters- 
burg Railroad Company have the honor to submit to the Stock- 
holders their report for the year ending 15th instant. 

On the 9th of August last, the Board of Directors, with much 
regret, accepted the resignation of Mr. Joseph H. Coates, which 
had been tendered on the 2Gth of the previous month, as President 
of this Company and Superintendent of Transportation, and on 
the same day they appointed Mr. John H. Hopkins to the office 
of Superintendent of Transportation, with the understanding that 
he should perform the active duties of President of the Company. 



118 

The report of this officer, together with the statements prepared 
by the Treasurer, are herewith submitted, as a part of the report 
of the Vice-President and Directors. 

R. B. HAXALL, Vice-President. 

May 30, 1843. 



To the Vice-President and Directors of the 

Richmond and Petersburg Railroad Company. 
Gentlemen: 

In filling the office of Superintendent of Transportation, 
by your appointment on the 9th of August last, I have been 
called upon to perform some of the ordinary duties of President, 
of which it is proper I should render you an account. 

I take great pleasure in bearing testimony to the good condi- 
tion, with very few exceptions, of the road and works, and the effi- 
cient system of management, as left by my able predecessor Mr. 
Joseph H. Coates, and more especially to the skill with which he 
had selected the officers and agents in charge of the various de- 
partments of the Company's business. 

After an examination of the road by a committee of the Board 
early in September, it was found highly expedient to hasten the 
completion of the system of re-ironing the road, which had alrea- 
dy been commenced. The period was peculiarly propitious, as 
from the low price of iron in England and its exemption at that 
time from duty, the necessary supply would in a large degree be 
paid for, by the sale of the old iron at the market rates. 

A contract was accordingly made with Messrs. A. & G. Ral- 
ston & Co. on the 30th of September, for 650 tons of plate rail, 
2^ inches wide by three-fourths of an inch thick, to be delivered 
at City Point on or before the 1st of February last, (barring ac- 
cidents from the winds and waves) in order that it might be laid 
down prior to the 2nd of March, which was necessary to avoid 
the duty of $25 a ton, imposed on iron imported after that time. 
Forty-eight tons and a half were delivered under this contract and 



119 

laid in due time, but although in daily hope of the arrival of the re- 
mainder we incurred some expense in preparations for laying it, we 
were destined to be sadly disappointed, as it was not shipped from 
England until after the time when it ought to have arrived here. 

Under these circumstances we hold the contractors bound to 
pay the duty which has accrued, and to deliver us the iron, as 
the smallest recompense they can make to the Company for the 
injury it has sustained, and as they have evinced no disposition 
to do this, a suit for damages has been instituted against them. 
This case seems the plainer, that the same house filled a larger 
order of the Petersburg Railroad Company, given subsequent to 
ours, whereby the practicability of the undertaking was demon- 
strated. 

Sixty tons of iron were laid during last summer, and ninety- 
one tons this spring, (of which the Petersburg Railroad Compa- 
ny were so accommodating as to sell us 43 tons at cost, out of 
their surplus); still the road suffers for want of iron better adapt- 
ed to our heavy transportation, which should be procured as soon 
as convenient. 

Our mail contract expires on the 30th of June proximo, and in 
accordance with the advertisement of the Postmaster General 
I have recently made proposals for the service for the next four 
years. The last contract was deemed a very disadvantageous 
one, as may be seen by reference to the report to the annual meet- 
ing in 1841. That contract was for a daily mail, yet while the 
Company has carried in addition a daily local mail, in their ac- 
commodation train, there has been no extra compensation allowed 
for it, not even for carrying it to and from the Post Offices. As 
the Postmaster General had established at the north, a distinction 
between mail service, daily, and twice daily, and in that form had 
paid some Companies a compensation more nearl}'^ just, I proposed 
to him to place this Company on the same footing with them. 

Not doubting however that the Postmaster General would see 
the propriety of continuing the twice daily mail, I did not deem 
it necessary unconditionally to stipulate for it, but proposed both 
for daily and twice daily service, at the prices established by the 
department for those grades of service respectively, perfectly 



120 

aware, at the same time, of the inadequacy of the smaller price 
as a compensation, more particularly where the service has to be 
performed, as on this road, at hours entirely under the control of 
the department, and principally in the night. 

I regret to say that the Postmaster General seems disposed to 
send but one daily mail, rather than give the small additional 
compensation required for the extra mail, and in this' case the 
communities of Richmond and Petersburg must be deprived of 
their usual mall facilities, as this Company is not in a situation to 
perform a service for the government, at not only an inadequate 
compensation, but less than is paid to roads in far more prospe- 
rous circumstances. 

There is a special law of Congresg. authoiizing the payment 
to raihoad companies of the full sum I have asked, and there is 
no road in the country belter entitled than this to such aid as the 
government can legitimately extend to it. Built at a compara- 
tively large cost, to complete a chain of improvements of great 
public utility, its projectors relied on the north and south mail, and 
the accompanying travel, for a large part of its receipts, but while 
their anticipations of business from all other sources have been 
more than realized, in these alone has there been a material defi- 
ciency, from which deficiency it is that the w^ork has heretofore 
been unproductive. 

If under such circumstances the Postmaster General persists 
in refusing to the citizens of these towns such mail facilities as 
are elsewhere accorded to towns, whose business intercourse 
requires the maintenance of two or more daily lines of communi- 
cation, and to this Company the usual and legal terms of com- 
pensation, I would recommend to the citizens and the Board to 
appeal to Congress for redress. 

It was thought best during the winter to put the turnpike road 
in order and recommence the receipt of tolls, which had been 
omitted for a considerable time. The Railroad Company owning 
nearly all the stock, has contributed the funds and security neces- 
sary for this purpose, which there is good reason to believe, from 
the receipts of tolls up to this lime, will be returned during the 



121 

year, and some income may possibly be obtained in future from 
the large investment of the Company in that road. 

The statements of the Treasurer show a progressive diminution 
in the receipts of the railroad for the last eighteen months. This 
has been principally in the passage money, and is a consequence 
of the general stagnation in business and enterprise pervading 
the whole country and felt by us in common with all the public 
works in the State, though perhaps in a greater degree on account 
of the suspension of some of the large manufacturing establish- 
ments in Richmond and Petersburg, and of the more marked 
effects of such reverses on the inhabitants of towns. 

We could only counteract the effects of this reduction in busi- 
ness, by striving to reduce expenses in the same or a greater 
ratio, with which view, on the recommendation of a Committee 
of the Board, a reduction was made in the number of officers and 
men, and in the wages of the remainder, proportionate to the 
reduced business of the road, and to the general fall of prices. 
This was gradually carried into effect during the fall and winter, 
and has shewn that the reduction in receipts will not to the 
same extent reduce the profits of the Company. 

In the current expenses of the year, per statement C, are in- 
cluded half the cost of rebuilding a Locomotive Engine, the entire 
cost of a new passenger car not yet in use, and the freight, 
transportation, spikes, and other expenses attending the laying of 
five miles of new iron ; and in the item of extraordinary expenses 
the remaining half cost of rebuilding the Locomotive Engine (now 
nearly as good as new) and the actual cost of 95 tons of iron, 
(freight, expenses, &c. excepted) which the proceeds of the old 
iron will go far towards refunding, and the balance is properly 
chargeable to future years. 

On and subsequent to the 1st of October the expenses were 
gradually placed on the reduced basis, and the Treasurer has ap- 
pended to statement C, their amount from the 1st of October to the 
15th of May, which including the freight from England, trans- 
portation and expenses of laying ninety one tons of iron, amount 
to $18,330 47 which for the seven and a half months, is at the 
rate of $2,717 37 per month. 



122 



At this rate the expenses for a year are . $32,608 44 
And the receipts of the past year being . 63,868 97 



The practical amount of annual profit is . $21,260 53 



Meanwhile an exertion has been made to check the further 
reduction in receipts by reducing the rates. These were esta- 
blished in prosperous times, when (gw persons, whose business 
or pleasure rendered it desirable, were deterred from travelling 
from the want of means. Recently there has been a different 
state of things. The value of money has been much enhanced, 
while the inducements to travel have been diminished. The 
consequence is that a comparatively small number of passengers 
now travel on the Railroad, and the expedient of reducing the 
price of passage, to correspond with the reduction in the price of 
all other things, suggests itself as a means of increasing the num- 
ber of passengers, and thereby improving the receipts. 

As regards the " through travel," or that from Weldon to Bal- 
timore, the necessity of this measure was felt long since, and the 
plan adopted of receiving the fare at the two extremeties of the 
route, each Company receiving a reduced price on such passen- 
gers as obtained tickets at those agencies, on a scale of division 
agreed on from time to time. 

In the adjoining States also, both north and south, reduced rates 
have been generally adopted, in Maryland, every where except 
on the Washington Road, on which it is supposed to be in con- 
templation to reduce, and in North Carolina both on the Wil- 
mington and Raleigh roads, the former of which has had the 
rate of 4 cents a mile in successful operation for a year past, 
and the latter has determined to reduce to 4f cents a mile on the 
first of next month. 

Although to be of most use a reduction of rates should be 
general, still if it is advantageous for each road by itself, the 
policy of refraining from it, because adjacent roads decline reduc- 
ing proportionally, can scarcely be proper, as applied to roads in 
the same State and having many of the same stockholders, such 
a policy being too apt to result in the injury of all, and upon this 



123 

ground, after some conferences relating to the reduced through 
ticket system and its expenses, instead of urging this subject by 
negotiations, in which the limited extent of this road gives it a 
small voice, the Board determined to try the experiment of reduc- 
tion, under all the disadvantages of being alone. One dollar was 
accordingly fixed as the price of passage, or the rate of 4-^ cents 
a mile. The rate of 4 cents might have been better, had it not 
amounted to an inconvenient sum in making change. This re- 
duction took place on the 10th of April and has been in opera- 
tion nearly two months. 

It was naturally expected that some loss would result from 
reduction in the beginning, and until its full elTect could be felt, in 
increasing the number of passengers. I am happy to inform the 
Board however, that on the contrary a marked improvement com- 
menced immediately after the reduction, and has continued ever 
since, which, although by no means conclusive, gives us reason 
to believe, as this was not the case during the same period last 
year, that while you have extended the usefulness of the Road 
to the public, you have at the same time improved its receipts. 

Should the experiment continue successful, there can be no 
doubt that if united in by all the roads it would be doubly so, while 
we have it in our power, and indeed it will be our duty, to re- 
sume our original rates whenever it appears that loss results from 
reducing them. 

At the late session of the Legislature a law M'as passed au- 
thorizing the conversion of the principal and interest of the State's 
loan into stock of the Company, on certain conditions, which may 
be seen in the accompanying copy of the law, communicated to 
you by the Board of Public Works. 

To the exertions of R. B. Boiling, Esq. delegate from Peters- 
burg, whose zeal and influence were unceasinffly and eflfectively 
used, and to the enlightened policy of the Board of Public Works, 
and of the chairman of the committee of finance, are the com- 
panies and the State indebted for the passage of this law, which 
is believed to be decidedly promotive of their mutual interests. 

The principal condition requires the payment to the stale of a 
dividend of 3 par cent, per annum on its whole stock in the Com- 



124 

pany, or at least 6 per cent, on the amount converted. This 
dividend amounts to $11,568, and the interest on the foreign and 
other debts of the Company to near $4,300 more, making the 
annual sum of near $16,0U0 to be appropriated out of the surplus 
receipts, should the terms of the law be accepted, before the indi- 
vidual stockholders can receive dividends. 

The stockholders will probably give their assent to the provi- 
sions of this law during the year, and can now consider what 
measures are necessary to secure to the road an amount of busi- 
ness adequate under every contingency, after paying the above 
amounts, to yield dividends to themselves. 

I have strong confidence in the beneficial effects of the reduc- 
tion of rates, and more especially if it is generally adopted, in 
continuing the improvement already perceptible in our business, 
and that the expenses may still be maintained nearly at their pre- 
sent reduced amount ■ still I regard the completion of the original 
design of the Company, in the construction of a branch to tide- 
water, accessible to heavy shipping, as the measure most surely 
to be relied on, to secure a receipt adequate to giving dividends 
on the large capital invested in this work. 

The inquiries and investigations I have made since my report 
on the survey, contained in last year's proceedings, have con- 
firmed the opinion I then formed of the importance of this branch, 
and of its certainty of success when built, in securing to the road 
the James River passenger business, and a portion of the shipping 
trade of the port. The present however is a still more favorable 
time than last year for executing the work ; the prices of labor 
and materials are still lower (scarcely exceeding half what they 
were when the main road was constructed); we have on hand 
moreover many of the necessary materials for turnouts, depots, 
&c. so that we shall be able to put the branch in operation with 
a comparatively small expenditure, and entirely within the avail- 
able means of the Company, an outlay which I cannot doubt 
will be redeemed in additional receipts within a year after its 
completion. 

Not doubting that the stockholders will confer on the Board 
the authority asked in your resolution of the 7th of April last, 



125 

on this subject, I may venture to assure you that the prospects of 
the Company will assume a more cheering aspect than they 
have ever yet presented, before the next annual meeting of the 
stockholders, and its prosperit}' thereafter rest upon a firm foun- 
dation. Respectfully submitted, 

J. H. HOPKINS, 

Superintendent of Transportation. 
Richmond, May 30, 1843. 

Whereupon, on motion, the said reports, with the accompany- 
ing documents were received and ordered to be recorded ; and 
they, with the law of the last Session of the Legislature therein 
referred to, were ordered to be printed. 

Mr. Robinson offered the following resolution : 

Resolved^ That the proviso to the resolution passed at an ad- 
journed meeting of the Stockholders on the Sth of July, 1842, 
authorizing the construction of a branch railroad to tide-water be, 
and the same is hereby repealed, and that the Board of Directors 
be, and they are hereby instructed to proceed forthwith in the 
construction of said branch. 

To which resolution Mr. Lyons offered the following amend- 
ment: 

Provided, That the cost of the said branch shall not exceed 
ten thousand dollars beyond the value of such materials as are 
now in the possession of this Company, which may be applied 
in kind to the construction of the said branch. 

The question being taken upon said amendment by ayes and 
noes, it was rejected. 

Ayes. Noes. 

John Bragg, repre- ) ,c„ . Holden Rhodes, re-) oo 

^^t- i 169vote.?. ,• ' > 33 votes, 

senting . ) presentmg - ) 

Seraple EUett, 11 " R. B. Haxall, 5 " 

James Lyons, 226 " M. Robinson, 334 " 

Sam'l Mordecai, 9 " James Bosher, 55 " 

Wm. Palmer, 10 " Wrn. H. Macfarland, 132 « 

N.- M. Martin, 5 " Chas. Ellis, 7 " 

T. N. Lee, 14 " James Hunter, 10 " 

444 676 



12G 

The question being then taken on the resolution offered by Mr. 
Robinson by ayes and noes, it was adopted. 

Ayes. Noes. 

Holden Rhodes, re- ) 33 ^^tes-^"^" ^'^^S, repre- ) jgg ^^^^^_ 
presenting - j senting, - ) 

R. B. Haxall, 5 " Semple Ellett, 11 " 

M. Robinson, 334 " James Lyons, 226 " 

James Bosher, 65 " Sam'l Mordecai, 9 " 

Wm. H. Macfarland, 132 " Wm. Palmer, 10 " 

Chas. Ellis, 7 " N. M. Martin, 6 " 

James Hunter, 10 " T. N. Lee, 14 " ' 



576 444 



Mr. Robinson offered the following resolution : 
Whereas, it appears that there is a difference of opinion be- 
tween the President and Directors of this Company and some of 
the other Companies on the line of railroad between the Roanoke 
and Baltimore, as to whether this Company should bear a part of 
the expenses incurred on account of the through travel south of 
Petersburg and North of Washington, and it is important to the 
mterests of the whole hne that as much harmony, and as good 
an understanding as possible should prevail between the different 
Companies composing the line : 

Resolved, That the Board of Directors be and they are hereby 
instructed to refer this question, and the Stockholders would re- 
commend to them to refer any other question or questions in rela- 
tion to which there may be a difference of opinion between them- 
selves and the Directors of other Companies, to some arbiter or 
arbiters to be agreed on between the Companies, or to the Second 
Auditor. 

The question being taken upon this resolution by ayes and 
noes, it was rejected. 



127 



Ayes. 








Noes. 




M. Robinson, repre- 
senting, 


} 


.y^. . Holden Rhodes, re- 
334 votes. .• ' 
presenting 


> 156 votes, 


R. B. Haxall, 




5 


u 


Charles Ellis, 


7 " 


James Bosher, 




65 


c 


Semple Ellett, 


11 " 


James Hunter, 




10 


tt 


John Bragg, 


169 " 


T. N. Lee, 




14 


(C 


James Lyons, 
Samuel Mordecai, 
William Palmer, 


226 " 
9 " 






418 




10 " 










N. M. Martin, 


6 " 
593 



On motion of Mr. Robinson, 

Resolved, That when this meeting adjourns, it adjourn to meet 
on the third Monday in November next, for the purpose of taking 
into consideration the acceptance of the act of the Legislature, 
passed 25th March, 1843, entitled " an act converting into stock 
the State's loan, to sundry railroad companies, and for other pur- 
poses." 

On motion of Mr. Rhodes, 

Resolved, That the meeting do now proceed to the election of 
President and Superintendent of Transportation, Vice-President, 
and three Directors on the part of the Stockholders. 

Mr. John H. Flopkins was nominated by Mr. Rhodes, and 
unanimously elected President and Superintendent of Transpor- 
tation for the ensuing year. 

Mr. Lyons, representing votes of private Stockholders, nomi- 
nated R. B. Haxall, James Bosher, and John Bragg, Direc- 
tors on the part of the Stockholders. 

Mr. Robinson nominated Robert B. Boiling. 

The votes were as follows : 



128 

For Haxall, Bosher, Bragg, Boiling. 
Holden Rhodes, representing 156 156 156 



R. B. Haxall, 




5 


5 




Moncure Robinson, 


334 


334 




334 


James Bosher, 


65 




55 


66 


Charles Ellis, 


7 


7 


7 




Semple Ellett, . 


11 


11 


11 




John Bragg, 


183 


183 




183 


James Lyons, 


17 


17 


17 




James Hunter, . 


10 


10 


10 




William Palmer, 


10 


10 


10 




N. M. Martin, 


5 


5 

738 


6 






788 


276 


572 



So R. B. Haxall, James Bosher, and Robert B. Boiling were 
declared to be duly elected Directors on the part of the Stock- 
holders. 

Mr. Charles Ellis and Mr. Holden Rhodes were announced to 
have been appointed, by the Board of Public Works, Directors on 
behalf of the State. 

Mr. Lyons nominated for the office of Vice-President, Mr. R- 
B. Haxall, who was unanimously elected. 

The Chair appointed John Bragg, William Palmer, and Jacob 
F. Barnes the Annual Committee of Examination. 

The meeting then adjourned to the third Monday in November 
next. 



RAILROAD COMPANIES. 



An ACT converting into stock the state's loan to sundry railroad com- 
panies and for other purposes. 
[Passed March 25, 1843.] 

1. Be it enacted by the general assembly, That the Capital of sun- 
capital stock of the Portsmouth and Roanoke Rail-^^n^nLTl 

* _ _ L Olll Udlllcis 111" 

road companj'' shall be increased to the sum of eight creased. 
hundred ancl seventeen thousand eight hundred 
and fifty dollars; the capital of the Petersburg Rail- 
road Compan}' to the sum of seven hundred and 
sixty-nine thousand dollars ; the capital of the Rich- 
mond and Petersburg Railroad Company to the sum 
of six hundred and eighty-five thousand six hundred 
dollars ; the capital of the Winchester and Potomac 
Raihoad Company to the sum of four hundred and 
eighty-one thousand two hundred and twenty dol- 
lars, and the capital of the City Point Railroad 
Company to the sum of two hundred and ten thou- 
sand five hundred dollars. The additional subscvip- SnUscviptionby 
tion necessary to such increase of the capital stock Bo'''''^ofP"'^i''' 
of each company respectively, shall be made by the 
Board of Public Works, for and on behalf of the 
commonwealth : Provided, The said increase shall Provisoes, 
not exceed the debt due to the state, from the said 
companies, with the interest thereon computed to 
JawMar?/,* eighteen hundred and forty-three: Pj'o- ^j^y^i^ndcd. 
vided, That the subscription aforesaid, shall be in Post. c. 104. 
effect an exchange by each of the said companies, 
of an equivalent amount of its stock for the debt 
and interest due to the state : Provided further, That jHoi-to-g^e to be 
the Board of Public Works shall in each case, executed to 
before making the subscription above directed, re- *'''^'''' 
quire to be executed to the Board of Public Works, 
a mortgage on the whole property, real and personal, 
of which the company were the owners, or in the 
use or possession of, on the fifteenth of March, 
eighteen hundred and forty-three, and upon all the 



130 



Where to be re- 
corded. 

Conditions of 
mortgage. 



Interest on state 
debt to be set 
apart and paid 
into the treasu- 
ry. 



When to be 
paid. 



Remedy 
against compa- 
nies for failure 
to pay interest. 



nett income of their tolls and receipt?, and cause the 
said mortgage to be recorded in the clerk's office of 
each county, through which their railroad may pass, 
or in whicli any portion of it may be situated, con- 
ditioned for the payment on demand of an amount 
equal to that of the debt and interest so exchanged 
by the state, whenever the company shall fail to 
make to the state, dividends to the amount of three 
per cent, per annum, on its whole stock in the com- 
pany, payable half yearly: Provided^ That such 
payment shall not amount to more them six per 
centum per annum on the principal and interest of 
the debt so converted: And provided^ That nothing 
herein contained, shall deprive the state of the full 
amount of any half yearly dividend exceeding one 
and a half per cent, whicli may be declared by any 
of the said companies on the whole amount of their 
capital stock: And provided further, That the Board 
of Public Works, before making such subscription, 
shall have satisfactory evidence, that no other lien 
than that of the commonwealth, and no unsatis- 
fied judgment exists on any of the property, real or 
personal, of the company, included or intended to be 
included in the existing mortgage on the property 
since acquired. 

2, Be it further enacted, That the acceptance (by 
the stockholders of the several companies aforesaid) 
of the provisions of this act, shall be held and con- 
sidered as an instruction to the president, directors 
and treasurer of each of such companies, to set apart 
out of their gross receipts of every half year, from 
transportation and other regular income, the amount 
of the semi-annual dividend aforesaid of one and one 
half per cent, or a sum equal in amount to three per 
cent, on the converted debt and interest, and to pay 
the same into the treasury, to the credit of the presi- 
dent and directors of the Board of Public Works, on 
the first day of January and first day of July of each 
year; the first of said dividends shall be payable on 
the first day of January, eighteen hundred and forty- 
four : and on the failure of any company so accept- 
ing, to set apart the amount of the state's dividend 
of any and every half year, and to pay the same in 
the manner herein required, within thirty days after 
the same shall become due and payable, the said 



131 

amount with interest and costs, shall be recovered 

of such company, by the Board of Public Works, 

by motion on thirty days notice, in any court in 

which other claims due to the commonwealth may 

be recovered, without prejudice to a resort to the 

mortgage executed by such company, should such 

motion fail to produce the amount for which it may Liability of pre - 

have been made ; and moreover, the president and sident, directors 

directors and treasurer of such company shall be ^"^p^^y^^^'^'''^^ ° 

each individually and separately liable to a penalty 

of one thousand dollars, recoverable by the Board 

of Public Works on ten days notice in the manner 

above mentioned. 

3. Be it further enacted, That in order to prevent Minimum rate 
the injurious competition which has heretofore Q-^^.oi c\ia.rgeon 
isted for the travel by rival routes between the Roan- ^ubufhed on^ 
oke River and Baltimore, viz: on the part of the rival routes. 
Portsmouth and Roanoke Railroad Company, con- 
nected with the route by the Chesapeake Bay on the 
one hand, and of the Petersburg, and of the Rich- 
mond and Petersburg Railroad Companies, forming 
part of the inland route on the other hand, the pre- 
sident and directors of the Board of Public W^orks 
are hereby empowered, and it shall be their duty 
from time to time, to establish for each route such a 
minimum rate of charge thereon for regular passen- 
gers through the whole distance between the points 
aforesaid, as will equalize the expense of travelling 
(neither company furnishing meals) upon both: 
Provided, That such minimum shall not be less than 
ten dollars, and for second class passengers, children 
and servants, such a proportionate rate as the said 
Board may deem reasonable. And for every in- Penalty on pre- 
fringement on the part of any of the said companies, sident and di- 
or their authorized agents, direct or indirect, of the 'I'^.'^to?"^^ f°^ .">" 
regulations which may be prescribed by the Board mum "at™' 
of Public Works under authority of this provision, 
the president and directors of the offending railroad 
company or companies aforesaid, shall each be indi- 
vidually and separately liable to a fine of one hun- 
dred dollars, to be recovered by the president and „ 
directors of the Board of Public Works, on thirty bie.' 
days notice in any court in which other claims of 
the commonwealth may be recovered. 
3 



low recovera- 



132 



Proviso. 



Assent of com- 4. Jind be it further enacted, That the assent of the 
panies to give stockholders of the several railroads, enumerated in 

validity to act. , ^ .... . . ' , 

the first section of this act, given in general meeting 
lawfull}' assembled, shall be necessary to give validi- 
ty to the provisions of this act in regard to the com- 
panies so assenting: Provided however, That the 
regulations contained in the third section of this act, 
fixing a minimum on the travel between the Roan- 
oke River and Baltimore, shall not be binding unless 
this act shall be accepted by all the railroads speci- 
fied in the said section. 

Commence- ^- '^^'^ ^^'' ^^~^^^^ ^e in force from the passing 

ment. thereof. 



An ACT to amend the act, entitled " an act converting 
into stock the state's loan to sundry railroad companies, 
and for other purposes." 

[Passed March 28, 1843.J 

Loan converted 1 • ^^ ^ enacted by the general assembly, That the 
into stock, to in- act passed at the present session of the general as- 
T^"''® in^fJ®®"" sembly, entitled "an act converting into stock the 

July, 184rf. , -' ' - ., ^ °. 1 r 1 

See ante, C.103, State s loan lo sundry railroad companies, and for other 
§ 1- purposes," be and the same is hereby so amended, 

that the word "JanuarT/" in the first proviso and first 
section of said act, shall be substituted by the word 
July, and so as to make said proviso read as follows : 
Provided, The said increase shall not exceed the 
debt due the state from the said companies, with in- 
terest computed thereon to July eighteen hundred 
and forty-three. 
^ 2. This act shall be in force from the passing 

Commence- » ,- * c^ 

ment. thereof. 



133 



A. 

STATEMENT OF RECEIPTS AND EXPENDITURES 

For Construction of the Road. 



RECEIPTS. 

Amount reported last year, per statement A. . . . $788,983 34 
Appropriation from profits of Transportation during the 

year, from 16th May, 1842, to 16lh May, 1843, . . 3,265 33 

Total receipts, . $792,248 67 

EXPENDITURES. 

Amount reported last year, per statement A, $789,305 84 

During- the year from Ifith May, 1842, to I6th 
May, 1843, viz : 

Contingent Expenses, . . . $5 18 

James River Bridge Superstracture, 87 84 

Land Damages, . . . . 308 08 

Pocahontas Depot, . . . . 267 37 

Graduation (chiefly judgments for un- 
settled claims,) .... 3,161 90 



3,830 37 
Cr. By Machinery sold, . . .123 96 

3,706 41 



Whole cost of Road and Property to 16th May, 

1843, 793,012 25 

Deduct Note not yet at maturity, . . 763 58 



Total Cash Payments to 16th May, 1843, . . $792,248 67 



JNO. WILLIAMS, Treasurer. 
Richmond, \&th May, 1 843. 

N. B. — The whole amount of appropriations from profits 
of transportation in 5 years, from 16th May, 1838, to I6th 
May, 1843, for payment of debts of construction, is . $84,239 14 

And the whole amoimt of Interest paid on said debts, in 
the same time, is . 32,685 09 



Whole amount paid from profits of Transportation in 
5 years, $116,924 23 



134 



B. 



STATEMENT OF INCOME FROM TRANSPORTATION, 

Frmn m.h May, 1842, to l&lh May, 1843. 





Local 


Long travel from 






Months. 


Travel. 


Weldon, Peters- 
burg & Baltimore. 


Freight. 


Totals. 


1&42. 










May 16 to 31, 
inclusive. 


$1,177 25 


^°:;" 1*537 48 


$1,480 75 


$3,195 48 


June, . . 


2,137 03 


468 95 


2.638 69 


5,244 67 


July, . . 


2,289 85 


365 98 


1,980 18 


4,636 01 


August, . 


1,941 89 


4.54 18 


1,961 62 


4,357 69 


September, 


1,903 82 


569 42 


1,807 91 


4,281 15 


October, . 


2.067 21 


566 18 


1,418 82 


4,052 21 


November, 


1,907 05 


440 02 


1,210 44 


3,557 51 


December, 


2,326 37 


272 04 


1,173 15 


3,771 56 


1843. 










January, . 


1,903 55 


295 85 


1,027 68 


3,227 08 


February . 


1,414 07 


416 60 


1,128 98 


2,959 65 


March, 


1,576 50 


496 23 


1,443 91 


3,516 64 


April, 


1,630 80 


500 32 


1,609 02 


3,740 14 


May 1 to 15. 




Receivable 






inclusive. 


803 49 


in June. 


1,035 81 


1,839 30 


$23,078 88 


$5,383 25 


$19,916 96 


$48,379 09 



Mail pay for the year, . 
Less Fines 



J5,5U 28 
100 00 



5,411 28 
Premiums on Foreign Notes, Specie, and Post-Office Drafts, 54 82 

Rent of Land, 20 00 

Tolls on James River Bridge, 3 78 



Less due by Post-Office Department, 



$53,868 97 
688 91 

$53,180 06 



Richmond, l&th May, 1843. 



JNO. WILLIAMS, Treasurer. 



135 



C. 

STATEMENT OF TRANSPORTATION EXPENSES, 

From 16th May, 1842, to 16/A May, 1843. 



Train expenses, (hands, wood, oil, &c.) .... 5^7,569 34 

Depot expenses, watchmen, hands, &c.) .... 2,991 96 

Repairs of Railroad, ordinar}^, 11,425 03 

Repairs of Locomotives and Cars, ordinary, . . . 9,417 52 
Officers salaries, (President and Superintendent, Vice-Presi- 
dent, Treasurer, Ticket and Freight Agents,) . . 4,753 14 

Office expenses, 48 94 

Newspapers, advertising and printing, .... 132 00 

Contingent expenses, chiefly for surveys of branch roads, 216 16 

Postages, 35 92 

Train damages, (cattle killed,) 41 95 

Transportation of Mail and Omnibus expenses, . . *866 29 

Repairs of Bridges, 844 29 

Repairs of Depots, 116 58 

Repairs of Turnpike, 238 01 

Train losses, 13 59 

Amount of ordinary expenses, .... $38,71072 
Cost of new iron laid down during the year, . S3,798 15 
Half Cost rebuilding Locomotive, . . . 1,100 00 

Amount of extraordinary expenses, . . . 4,898 15 

43,608 87 

Deduct Notes not yet at maturity, 1,964 14 



Amount of cash payments, $41,644 73 

Portion of the above expenses, from 1st October, 1842, to 16th 

May, 1843, $21,624 71 

Cost of iron or extraordinary expenses, do. 1,244 46 



Actual current expenses for the last 7J months, $20,380 25 
being at the rate of $2,717 37* per month, or $32,608 50 per annum. 

JNO. WILLIAMS, Treasurer. 
Richmond, l&th May, 1843. 

* The actual expenditure was $1,260 68— the sum of $394 39 was properly a 
credit to the account belonffing to the previous year, but collected during the 
year ending 15th May, 1843. 



136 

D. 

CASH ACCOUNT. 

Richmond & Petersburg Railroad Company, 

In account with John Williams, Treasurer, 

1843. May 16. Dr. Cr. 

By balance brought from last year's account, 

statement D, $5,210 94 

By balance due by Post-Office Department last 
year, since received, 688 91 

By amount of receipts from transporta- 
tion, per statement B, . . $53,868 97 
Less due by Post-Office Department, 688 91 

53,180 06 

By cash received, freight on other roads on pro- 
duce and goods, 24,429 68 

S83,.509 59 

To amount of Notes deducted in account of con- 
struction expenditures last year, marked A, 
since paid, 322 50 

To amount of Notes deducted in account of trans- 
portation expenditures last year, marked C, 
since paid, 3,383 48 

To amount of temporary loans on construction 
account, paid in the past year, . . . 2,750 00 

To amount of expenses paid on construction ac- 
count, per Statement A, . . S3,706 41 
Less Note not at maturity, . 763 58 

2,942 83 

To amount of interest paid on construction loans 

during the past year, 6,255 36 

To amount of transportation expenses, per state- 
ment C, $43,608 87 

Less Notes not at maturity, . 1 ,964 14 

41,644 73 

To cash paid freight on other roads on produce 

and goods, 23,637,38 

To balance, 2,573 31 

83,509 59 

1843. May 16. 

By balance due to the Company including uncollected freights, $2,573 31 

JNO. WILLIAMS, Treasurer. 
Richmond, IGlhMay, 1843. 



PROCEEDINGS 



THE STOCKHOLDERS 



IN THE 



RICHMOND AND PETERSBURG 

RAIL ROAD COMPANY, 



AT 



THEIR GENERAL MEETINGS; 



AND 



REPORTS 

MADE BY THE PRESIDENT AND DIRECTORS, 



TO 



THE STOCKHOLDERS. 

NINTH MEETING, MAY 28th, 1844. 



RICHMOND: 

PRINTED BY P. D. BERNARD, MUSEUM BUILDING, 



1844. 



NINTH 
MEETING OF THE STOCKHOLDERS, 

Held on Tuesday, 28th May, 1844. 



At a meeting of Stockholders of the Richmond and Pe- 
tersburg Rail Road Company, held at the office of the Com- 
pany in Richmond, on Tuesday, the 28th May, 1844, 

Judge John F. May was appointed Chairman of the meeting, 
and John Williams Secretary. 

There being present, in person and by proxy, private Stock- 
holders entitled to 723 votes, and the proxy of the Board of Pub- 
lic Works, Mr. James M. Wickham, entitled to 394 votes, being 
in all 1117, (the whole number that could be given being 1602,) 
the meeting proceeded to business. 

The following reports, with the accompanying statements, 
were presented by the Vice President and Directors : 

REPORT 

To the Stockholders of the 

Richmond and Petersburg Rail Road Company. 

Gentlemen, — I herewith present to your consideration the 
report of Mr. James Bosher, Superintendent of your road, and the 
statements of the Treasurer, Mr. John Williams, therein referred 
to. 

By order of the Board of Directors. 

R. B H AX ALL, Vice President. 

May 28//J, 1844. 



11-^ 



To the Vice President and Directors of the 

Richmond and Petersburg Rail Road Company. 

Gentlemen, — It having been the pleasure of the Board of 
Directors, upon the resignation of Mr. John H. Flopkins as Pre- 
siJent of the Richmond and Petersburg Rail Road Company, to 
confer on me, by their resolution adopted the 16th of January last, 
the office of Superintendent of Transportation, and also to dis- 
charge the duties, as far as may be, of President ; on the ISth 
January I entered on the discharge of the duties of the office con- 
ferred on nie, and now beg leave to report to you, as far as the 
limited time in which I have discharged the duties will permit, 
the general condition of the affairs of the Company. 

The statements of the Treasurer will show under their proper 
heads, the amount of receipts and disbursements, as well as the 
liabilities of the Company. By reference to those statements, 
the Board will perceive that the receipts on the road for the four 
months of the year 1844, viz : for January, February, March and 
April, as compared with the same months of the year 1843, show 
an increase of receipts of $4520 18, or an average monthly 
increase of receipts of $1131 55, not including in that amount 
any of the receipts from the Branch Road. 

The Branch Road leading from the main stem of the Rich- 
mond and Petersburg Rail Road, to "Walthall," was so far com- 
pleted on the 1 6th February last, as to authorize its being opened 
for freight, since which time it has been in use for the purpose 
principally of loading ships bound to foreign ports, seven of which 
to this time have loaded there. The captains of the different 
ships that have loaded there speak in the highest terms of the facili- 
ties with which the freighting is done, the good order in which it 
is received, and the moderate rate of charges compared with other 
places of loading on .Tames River. That it will prove very advan- 
tageous to the main stem of the road there is no reason to doubt. 
It may however require a year or two to developc the full advan- 
tages, to the shippers as well as to the Stockholders. Heretofore 



143 

the loading of ships to foreign ports, from this city and Peters- 
burg, has been a monopoly, in consequence of which the charges 
have been very high. The rates adopted by the Board of Direc- 
tors of the Richmond and Petersburg Rail Road Company, are 
considerably less than those charged on James River, being very 
little if any above one-half, unless the Towing Company have 
reduced their rates since the Branch Road was opened for freight, 
a matter that lias not been made public as far as I know. 

Owing to the failure on the part of the Messrs. Ralston, to 
comply with the contract made by them for the delivery of iron 
for the Rail Road, as stated in the last Annual Report to the 
Stockholders, the road could not be preserved in the order that 
would have been most desirable ; it has nevertheless been kept in 
safe running order. The difficulties between the Rail Road 
Company and the Messrs. Ralston have been settled by compro- 
mise, under which compromise a part of the iron for the road has 
been delivered, and the balance, 382 tons, is now at the wharf at 
Walthall's. With the iron on hand, and that now landing, it is 
hoped and believed, that the road, under the management of my 
able assistant, Mr. Theodore S. Garnett, who entered on the dis- 
charge of his duties in the month of February last, will be put in 
complete order, the whole of which is expected to be done before 
the termination of the present year. 

In view of the completion of the Clover Hill Rail Road, and 
the amount that it has been necessary to expend for new iron, for 
the relaying of the road, and the additional number of cars, &c. 
still wanting for the Branch Road, and for the prosecution of the 
coal trade on the Clover Hill Rail Road, I would respectfully 
suggest to the Board of Directors the propriety of applying to 
the Stockholders, at their annual meeting of this present year, for 
authority to negotiate a loan or loans, on the best terms they can, 
for an amount sufficient to take up the floating debt of the Com- 
pany, and to furnish a sum sufficient to defray the cost of cars, 
&c. for the increased business that may reasonably be expected 
from the Branch and Clover Hill Rail Roads. As the debt of the 
Company has been very much reduced by'the conversion of the 
loan from the Commonwealth into stock of this^Conipany, and as 



144 

the floating debt of the Company is small, and the amount wanted 
for additional machinery will not be very large — it is believed that 
a permanent loan for a sufficient amount to cover those items, 
could be negotiated on favorable terms, which would enable the 
Directors to give to the Stockholders a dividend on their stock, in 
this or the next year, out of the nett profits of the road. 

It will be observed by the statement of the Treasurer, marked 
A, that for a period of 5 years 11| months, the appropriation of 
the profits from transportation, to the amount of $122,253 78, 
has been applied to the payment of debts for construction, princi- 
pal and interest. 

All of which is respectfully submitted. 

JAMES BOSHER. 

May 27th, 1844. 

Whereupon, on motion, the said reports with the accompa- 
nying documents, were approved, received and ordered to be re- 
corded. 

The following resolution was oflJered by Mr. Rhodes : 

Resolved, That the President and Directors be, and they are 
hereby authorized, to issue bonds, payable at such time and place, 
and bearing such rate of interest as they may deem advisable, 
for such amount, not exceeding thirty-three thousand dollars, as 
they may find to be requisite to discharge the remainder of the 
floating debt of the Company ; and for such further amount, not 
exceeding seven thousand dollars, as shall be requisite to meet 
the expenditure which it may be necessary to incur for the ac- 
commodation of the freight business ; and that they be author- 
ized to make the bonds convertible into stock, and to give a mort- 
gage on the property of the Company, or such other security for 
the payment of the interest and principal of any loan which they 
may create, under this resolution, as they may deem expedient. 

And the question being taken as to the loan of thirty-three 
thousand dollars, on the terms and for the purpose stated in the 
foregoing resolution, the votes were. Ayes 1099, Noes 18, (the 
Noes represented by Mr. H. L. Kent,) the ayes being more than 
two-thirds of all the votes which could legally be given. 



145 

And on the question as to the loan of seven thousand dollars, 
on the terms and for the purpose stated in the said resolution, the 
votes were, Ayes 988, Noes 129, (Mr. Kent representing 18 
votes, and Dr. John Bragg representing 111 votes, voting in the 
negative.) 

On motion of Mr. Rhodes, Resolved, unanimoushj, That the 
President and Directors be, and they are hereby authorized, to 
make contracts with the Clover Hill Rail Road Company, and 
the Chesterfield Rail Road Company, so soon as the lines of those 
Companies respectively, shall be so completed and changed, as to 
enable this Company to do the transportation thereon, for a term 
not exceeding four years, for doing such transportation, and fur- 
nishing locomotives and cars therefor, taking care to secure this 
Company against hazard of loss ; such contracts to be inopera- 
tive until approved by a stated meeting of Stockholders, or a 
meeting to be specially called for that purpose. 

On motion of Mr. G. A. Myers, Resolved, That for the ensuing 
year, the salary of the President be fixed at one thousand five 
hundred dollars, and that of Superintendent of Transportation at 
one thousand two hundred and fifty dollars. 

On the question as to the salary of President, the votes were, 
Ayes 972, Noes 129, (Dr. Bragg representing 111 votes, and 
Mr. Kent 18 votes, voting in the negative. 

On the question as to the salary of Superintendent, the votes 
were unanimous. 

On the question as to the adoption of the whole resolution, the 
votes were. Ayes 990, Noes 111, (Dr. Bragg voting in the ne- 
gative. 

On motion of Mr. Rhodes, the salary of the Vice President 
was abolished. 

On motion of Mr. Rhodes, Resolved, That the Board be re- 
quested to consider whether a less expensive and equally effi- 
cient mode of superintending the affairs of the Company may 
not be adopted, and report to the next meeting of Stockholders. 

On motion of Mr. Myers, the meeting then proceeded to the 
election of President, Vice President, and three Directors on the 
part of the Stockholders for the ensuing year. 



146 

Whereupon, Mr. James Bosher was elected President, Mr. 
Richard Barton Haxall, Dr. John Bragg, and Mr. Wm. P. Shep- 
pard, were elected Directors ; and Mr. Richard Barton Haxall 
was elected Vice President. 

Mr. Holden Rhodes, and Mr. Charles Ellis, were announced to 
have been appointed by the Board of Public Works, Directors 
on behalf of the State. 

On motion of Mr. Rhodes, Resolved, That a committee of ex- 
amination be appointed, with authority to employ a clerk. 

Whereupon, Mr. Nicholas Mills, Mr. Thomas H. Ellis, and 
Mr. Jacob F. Barns, were appointed said committee. 

And then, on motion, the meeting adjourned. 



147 



A. 

STATEMENT OF RECEIPTS AND EXPENDITURES 

For Construction of the Road. 



RECEIPTS. 

Amount reported last year, per statement A, - - $792,248 67 

Appropriation from profits of transportation from 16th 
May, 1843, to 1st May, 1844, - - - 1,842 95 

S794,091 62 



EXPENDITURES. 

Amount reportedlast year, per statement A, $793,012 25 
From 16th May, 1843, to 1st May, 1844. 

Land damages, - $2,352 76 

Graduation, - 70 60 



2,423 36 



795,435 61 
Deduct note not at maturity, - - 1,343 99 



Total cash payments to 1st May, 1844, 
being principal and a portion of inte- 
rest incun-ed prior to commencement 
of transportation, .... $794,091 62 

N. B. The amoimt of appropriations from profits of 
transportation, in 5 years Hi months, from 16th 
May, 1838, to 1st May, 1844, for payment of 
debts of construction, principal, and interest, is $122,253 78 



JNO. WILLIAMS, Treasurer. 
Richiiiond, \st Mav, 1844. 
2 



148 



B. 

STATEMENT OP INCOME FROM TRANSPORTATION 

From 16th May, 1843, to 1st May, 1844 —lU Month.t. 







Through Travel 










from Weldon, Pe- 






Months. 


Local Tra- 
vel. 


tersburg, and Balti- 
more. 


Freight. 


TOTALS. 


1843. 










May 16 to 31, 




"■m"" \ »^»8 '> 






inclusive, 


81,105 81 


81,285 09 


82,789 01 


June, 


1,827 97 


379 07 


2,340 77 


4,.547 81 


July, 


1,623 57 


411 50 


1,494 63 


3,529 70 


August, - 


1,517 30 


661 57 


1,282 20 


3,461 07 


September, 


1,748 20 


916 69 


1,438 08 


4,102 97 


October, - 


2,015 28 


922 86 


1,162 57 


4,100 71 


November, 


1,890 65 


640 35 


1,056 85 


3,587 85 


December, 


2,350 01 


451 05 


766 52 


3,567 58 


1814. 




"'olol.]^ '>'> 




204 96 


January, - 


2,279 17 


496 13 


1,221 46 


3,996 76 


February, - 


2,244 21 


671 27 


1,644 41 


4,559 89 


March, - 


2,003 97 


1,050 53 


1,706 77 


4,761 27 


April, 


2,166 59 


679 02 


1,806 16 


4,651 77 


822,772 73 


87,883 11 


817,205 51 


847,861 35 


Mail Pay for 


1 1 J months, 


85,557 64 


Less Fines, - 




26 00 


5,531 64 








53,392 99 


Freight per Bi 


-anch Road, 


. 


551 64 


Receipts from 


Steamer Chesapeake, 


" 


258 40 




54,203 03 


Less due by P 


ost Office Department, 




484 87 




853,718 16 



N. B. A comparison of the foregoing statement of receipts for eleven 
and a half months with the previous statement for twelve months, 
exhibits an increase in the last twelve months, of 82,873 67. 



JNO. WILLIAMS, Treasurer. 



Richmond, Ist May, 1844. 



149 



C. 

STATEMENT OF TRANSPORTATION EXPENSES, 
From IQth May, 1843, to 1st May, 1844,— Hi Months. 



Train Expenses — Hands, Wood, Oil, &c. 
Depot Expenses — Watchmen, Hands, &c. 
Repairs of Rail Road — Ordinary, ... 

Repairs of Locomotives and Cars, ... 

Officers Salaries — President and Superintendent, Vice Presi- 
dent, Treasurer, Ticket and Freight Agents, 
Office Expenses, . . - - - 

Newspapers, Advertising, and Printing, 
Contingent Expenses, .... 

Postages, ------ 

Train Damages — Cattle Killed, ... 

Transportation of Mail in Petersburg, ... 
Omnibus Expenses, . - - - 

Repairs of Bridges, . - . - 

Repairs of Depots, - - - - 

Repairs of Turnpike, .... 

TVain Losses, . _ - - - 

Amount of Ordinary Expenses for 1 li months, - $35,689 04 
Expense of New Iron laid down, 



Cost of Constructing Branch Road, and Depots and 
Wharves at Walthall, - . - - 

Cost and Expenses of Steamer Chesapeake, 
Expended for Building Two Lighters, 



Deduct Notes, not at maturity. 

Amount of Cash Payments, 



JNO. WILLIAMS, Treasurer. 
Richmond, 1st May, 1844. 



3$7,279 72 


3,252 75 


8,755 73 


8,773 52 


4,457 73 


41 45 


173 37 


192 64 


42 95 


43 00 


501 94 


1,231 25 


273 95 


610 81 


26 87 


31 36 


S35,689 04 


3,974 02 


39,663 06 


17,043 67 


8,136 21 


629 12 


65,472 06 


23,564 95 


841,907 11 



150 

D. 

CASH ACCOUNT. 



Richmond and Petersburg Rail Road Company, 

III accmmt with John Williams, Treasurer. 

1844. May 1. 

By balance brought from last year's account, statement D, $2,573 31 

By balance due by Post Office Department last year, since 

received, - - - - - 688 91 

By amount of receipts from transportation, 

per statement B, - $54,203 03 

Less due by Post Office Departmt. 484 87 

53,718 16 

By freight received on produce and goods on other roads, 23,181 09 



To amount of notes deducted in account of construction 
expenditureslastyear, marked A, since paid, $763 58 

To amount of notes deducted in account of 
transportation expenditures last year, mark- 
ed C, since paid, ... 1,964 14 

To amount of loans on construction account 
paid from 16th May, 1843, to 1st JVlav 1844, 1,150 00 

To amount of interest paid on coi ':■ tion 
loans from I6th May, 1843, to 1st IS ■ 344, 2,203 29 

To amount of expenses paid on cot tion 

account, per statement A, 'i;i,'Z,iz'i 36 

Less notes not at maturity, - 1,343 99 



80,161 47 



To amount of expenses, per 
statement C, including cost of 
Branch Road, Depots, and 
Wharves at Walthall, Steam- 
er Chesapeake, and Lighters, 65,472 06 

Less notes not at maturity, 23,564 95 



1,079 37 



41,907 U 



To freight paid on produce and goods on 
other roads, ... - 22,993 99 

To cash paid State dividend on converted 
loan stock from 1st July, 1843, to 1st Janu- 
ary, 1844, .... 5,568 00 



77,729 48 



Balance due to the Company, includmg uncollected freights, $2,431 99 

JNO. WILLIAMS, Treasurer. 
Richmond, \st May, 1844. 



PROCEEDINGS 



THE STOCKHOLDERS 



RICHMOND AND PETERSBURG 

RAIL ROAD COMPANY^ 

AT 

THEIR GENERAL xMEETINGS ; 

AND 

REPORTS 

MADE BY THE PRESIDENT AND DIRECTORS, 

TO 

THE STOCKHOLDERS. 

TENTH MEETING, MAY 37th, 1843. 



RICHMOND: 

PRINTED BY P. D, BERNARD, MUSEUM BUILDING. 
1845. 



TENTH 

MEETING OF THE STOCKHOLDERS, 

Held on Tuesday, 27th May, 1845. 



At a meeting of Stockholders of the Richmond and Pe- 
tersburg Rail Road Company, held at the Office of the Com- 
pany in Richmond, on Tuesday, the 27th May, 1845, 

Judge John F. May was appointed Chairman, and John Wil- 
liams, Secretary. 

There being present in person and by proxy private Siockhol- 
ders entitled to 803 votes, and the proxy of the Board of Public 
Works, Mr. James Lyons, entitled to 394 votes, being in all 1 197, 
(the whole number that could be given being 1620,) the meeting 
proceeded to business. 

The following reports and documents were presented by the 
Vice President and Directors, and read : 



REPORT. 

To the Stockholders of the 

Richmond and Petersburg Rail Road Company. 
Gentlemen, — I herewith present to your consideralion the 
report of Mr. Wirt Robinson, General Agent, together with the 
documents therein referred to. 

By order of the Board of Directors. 

R. B. HAXALL, Vice President. 
May 27th, 1845. 



154 



To the Vice President and Directors of the 

Richmond and Petersburg Rail Road Company. 

Gentlemen, — Upon the resignation of Mr. James Bosher as 
President of this Company, on the 21st of January last, the Board 
of Directors conferred on me the office of General Agent, with 
authority, as far as may be, to discharge the duties of President, 
and I now have the honor to lay before you the following state- 
ment of the affairs of the Company. 

The receipts of the Coinpany, for the twelve months ending 
the 1st of May, 1845, as will appear by the accompanying state- 
ment, marked B, amount to $59,203 60, (shewing an increase 
over the eleven and a half previous months, of $5,000 57,) and 
the ordinary expenses, during the same period, amount to 
$41,957 92, as per statement C. 

The extraordinary expenses during the past year have been 
large. The superstructure of one-half of the road, between Rich- 
mond and Petersburg, has been entirely relaid, the remaining 
distance thoroughly repaired, and thirteen and a half miles of 
new iron laid down, which, with that laid down last j'ear, com- 
pletes the renewal of the iron on the whole line. The James Ri- 
ver Bridge has undergone extensive repairs, and only requires 
new flooring to make it secure and permanent. Ten eight-wheel- 
ed freight cars, eleven coal cars, and two lenders have been built, 
and one of the six-wheeled engines altered and rebuilt so as to 
convert it into an efficient freight engine. 

The business on the branch to Port Walthall has not been as 
great, so far, as was anticipated ; but the decided preference ex- 
pressed for that port by the Captains of all of the ships which 
have loaded there, together with the facility and expedition of 
transportation between it and Richmond, must, in time, make it 
the point of loading for foreign ports. Thirty-seven ships have 
loaded there since the opening of the branch road, in February 
1S44 — thirty of which were loaded during the past year. 



155 

The Clover Hill Rail Road Company are progressing rapidly 
with their road, and expect to con:)plete it by the 1st of July next. 
Steps have therefore been taken (under the resolution of the 
Stockholders, at their last annual meeting) to procure the requi- 
site number of cars, and to furnish the motive power, &c. to do 
the transportation over their road, and a contract has been con- 
cluded with that Company, which is herewith presented for the 
approval of the Stockholders. 

From the statements of the business of the road for the last two 
years, there appears to be a gradual improvement in the revenue 
of the Company, from its present sources. This will no doubt be 
considerably increased from the coal trade of the Clover Hill re- 
gion ; and as an association is about being formed, for the purpose 
of running a steamboat between Norfolk and Port Walthall, and 
will in all probability speedily go into operation, some additional 
revenue may be expected from ihis source also. 

There is every reason therefore to believe that the income of 
the Company for the present year, will be beyond what it ever 
has been, and unattended with any material increase of expense. 
The Statements above referred to, logeiher with the cash account 
of the Treasurer, are herewith respectfully submitted. 

WIRT ROBINSON, 
General Agent, <^c. R. and P. R. Road Co. 

May 21th, 1845. 

Whereupon, the said reports and documents were received, ap- 
proved and ordered to be recorded. 

The contract made and signed by the Prpsident of the Clover 
Hill Rail Road Company, and the General Agent of this Compa- 
ny, dated 26th May, 1845, referred to in the aforesaid reports, 
was read, and on the question being put, the said contract was 
unanimously approved and ratified. 

The meeting then proceeded to the election of President, Vice 
President, and thiee Directors, on the part of the Stockholders, 
for the ensuing j-ear. 

Whereupon, Mr. Wirt Robinson was unanimously elected 
President, Mr. Richard Barton Haxall, Dr. John Bragg, and Mr. 



156 

Wm. P. Sheppard were elected Directors ; and Mr. Richard Bar- 
ton Haxall was elected Vice President, 

Mr. Holden Rhodes and Mr. Charles Ellis were announced to 
have been appointed by the Board of Public Works, Directors on 
the part of the State. 

On motion of Mr. M. Robinson, Mr. Nicholas Mills, Mr, Tho- 
mas H. Ellis and Mr, Jacob F, Barns were appointed the Com- 
mittee of Examination. 

And then, on motion, the meeting adjourned. 



157 



A. 

STATEMENT OF RECEIPTS AND EXPENDITURES 

For Construction of the Road. 



RECEIPTS, 
Amount reported last year, per statemant A, $794,091 62 
Appropriation from profits of transportation, 
from first of May, 1844, to first of May, 
1845, - - - - . - 348 79 

S794,440 41 

EXPENDITURES. 
Amount reported last year per statement A, $795,435 61 
From first of May, 1844, to fixst of May 1845, 4 80 



$795,440 41 
Deduct received for Planing Machine, - 1,000 00 

$794,440 41 

JNO, WILLIAMS, Treasurer, 
Richmond, 1st May, 1845, 



158 



B. 

STATEMENT OP INCOME FROM TRANSPORTATION 

Frovi 1st May, 1844, to 1st May, 1845. 



Months. 


Local Tra- 


Through 


Freight. 


Branch Ro. 


TOTALS. 




vel. 


Travel. 




Freight. 




May, 1844, 


$\,99\. 45 


605 90 


S2,232 72 


196 70 


S5,026 77 


June, " 


1,765 25 


426 04 


1,427 61 


121 20 


3,740 10 


July, 


2,264 98 


385 70 


1,258 76 


869 80 


4,779 24 


August, " 


2,102 15 


776 31 


1,410 22 


691 23 


4,979 91 


September, " 


2,006 50 


1,131 23 


901 40 


143 07 


4,182 20 


October, " 


2,012 06 


965 12 


1,151 46 


279 55 


4,408 19 


November, " 


1,656 01 


525 60 


921 95 


407 80 


3,511 36 


December, " 


2,2% 41 


414 41 


1,168 73 




3,879 55 


January, 1845, 


1,964 61 


444 78 


1,473 22 


99 10 


3,981 71 


February, " 


1,764 83 


567 31 


1,521 58 


433 05 


4,286 77 


March, " 


1,977 28 


953 15 


1,445 35 


284 90 


4,660 68 


April, " 


2,056 97 


675 06 


1,696 83 


1,236 36 


5,665 22 




23,858 50 


7,870 61 


16,609 83 


4,762 76 


53,101 70 



Mail Pay received, . . _ 

Premiums on Drafts, . . - 

Balance to credit of Repairs of Turnpike, 



5,794 48 

27 14 

280 28 



$59,203 60 
JNO. WILLIAMS, Treasurer. 



Richmond, 1st May, 1845. 



159 



C. 

STATEMENT OF TRANSPORTATION EXPENSES, 
From \st May, 1844, to \st May, 1845. 



Repairs of Rail Road, - - . . 

Repairs of Locomotives and Cars, 

Train Expenses, ..... 

Depot Expenses, ..... 

Repairs of Bridges, .... 

Omnibus Expenses, .... 

Officers' Salaries, ..... 

Postages, ...... 

Train Losses, ..... 

Newspapers, Advertising and Printing, - 
Contingent Expenses, .... 

Branch Road Expenses, .... 

Repairs of Depots, .... 

Office Expenses, ..... 

'I'ransportation of Mail and Baggage in Petersburg, 



JNO, WILLIAMS, Treasurer. 
Richmond, 1st May, 1846, 



$11,133 86 


8,936 95 


6,932 63 


5,141 07 


535 28 


494 04 


4,859 61 


79 87 


77 33 


386 51 


1,228 00 


1,044 72 


710 14 


126 m 


271 25 


$41,957 92 



I P)0 



D. 

CASH ACCOUNT. 



Richmond and Petersburg Rail Road Company, 

In account with John Williams, Treasurer. 

1845. May 1. Dr. Cr. 

By balance brought from last year's account, per 

statement D, - - - - - S2,431 99 

By amount of receipts from transportation, per 

statement B, - - - - - 59,203 60 

By freight received on produce and goods on 

other roads, ..... 23,781 75 

By amount of temporary loans from Banks and 

others, .----. 37,265 24 

By planing machine sold, ... 1,00000 



To amount of note deducted in account of con- 
struction expenditures last year, marked A, 
since paid, . - - . . $1,343 99 

To part of notes deducted in account of trans- 
portotion expenses last year, marked C, since 
paid, 16,956 75 

To amount of loans on construction account, 
paid from 1st May, 1844, to 1st May, 1845, 1,000 00 

To amount of interest paid on construction ac- 
count, from 1st May, 1814, to 1st May, 1845, 4,031 37 

To amount of interest paid on transportation ac- 
count, from 1st May, 1844, to 1st May, 1845, 934 55 

To cash paid state dividends, from 1st January, 

1844, to 1st January, 1845, - - - 11,136 00 

To amount paid on construction account, per 
statement A, - - - - - 4 80 

To amount of transportation expenses per state- 
ment C, - - - - - 41,957 99 

To freight paid on produce and goods on other 
roads, ..... 24,811 05 

To amount of cash payments for other than or- 
dinary expenses, .... 18,247 22 



$123,682 58 



120,423 65 



Balance due to the Company, including uncollected freights, $ 3,258 93 

JNO. WILLIAMS, Treasurer. 
Richmond, May 1st, 1845. 



PROCEEDINGS 



OF 



THE STOCKHOLDERS 



IN THE 



RICHMOND AND PETERSBURG 

RAIL ROAD COMPANY, 



AT 



THEIR GENERAL MEETINGS, 



AND 



REPORTS 

MADE BY THE PRESIDENT AND DIRECTORS, 



TO 



THE STOCKHOLDERS, 

ELEVENTH MEETNG, MAY 26th, 1846, 



RICHMOND: 

p. D. BEBNABP, OVEB THE REPUBLICAN OFFICE, MAIN STREET. 

1846. 



ELEVENTH 
MEETING OF THE STOCKHOLDERS, 

Held on Tuesday, 26th May, 1846. 



At a meeting of Stockholders of the Richmond and Peters- 
burg Rail Road Company, held at the Office of the Company, in 
Richmond, on Tuesday, 26th May, 1846, 

General Jaquelin B. Harvie was appointed Chairman of the 
meeting, and John Williams, Secretary. 

There being present in person and by proxy private Stockhol- 
ders entitled to 942 votes, and the proxy of the Board of Public 
Works, Mr. James Lyons, entitled to 394 votes, being in all 1336, 
(the whole number that could be given being 1593,) the meeting 
proceeded to business. 

The following Report was presented by the President and Di- 
rectors, and read : 

ANNUAL REPORT. 

The Board of Directors of the Richmond and Petersburg Rail 
Road Company, in presenting their Annual Report to the Stock- 
holders, are gratified at being able to show, that they have not 
been disappointed in the expectation expressed in the last an- 
nual report of a largely increased income without a corresponding 
increase in the current expenses of the Road. The receipts of 
the Company for the year ending 30th April, 1846, as will ap- 
pear by the accompanying statements, amount to $78,868 07, an 
increase of $19,658 47 over those of the previous year, and the 
current expenses to $42,466 39. 

Of this increased income $12,206 12 was received from the 
business, chiefly coal, from the Clover Hill Rail Road, over which 
transportation was commenced on the first of August, and has 
steadily increased, with every prospect of a continued increase 
both in coal and other freight. To accommodate this, as well as 
the business of the Richmond and Petersburg and Port Walthall 
Roads, it has been necessary to incur a considerable expenditure 
in cars, engines, &c., and if the trade continues to increase, of 
which there is little room for doubt, additional motive power and 



164 

cars will still be required. The accompanying statement, marked 
A, will shew the amount of cars and other new work built, and the 
expenditure incurred in their construction, as also the whole stock 
of cars, engines, &c. now on the road. 

The application made to the Legislature in 1844-46 for a sus- 
pension of the payment of cash dividends to the State, was re- 
newed during the last session of the Legislature, and an act passed 
authorising the Company, for the term of three years, to issue to 
the Board of Public Works bonds bearing interest and payable 
three years after date, in lieu of dividends in money. The relief 
afforded by the passage of this act, will enable the Com.pany to 
procure such cars and motive power as are still requisite for their 
business, and relieve them from the embarrassment under which 
they have labored for some time past, in meeting their immediate 
engagements. Their floating debt, as will be seen by the Trea- 
surer's statement, is now $59,337 06, falling due within the next 
eighteen months, and if an arrangement, by a permanent loan or 
otherwise, could be made to fund this debt, it is probable, from the 
present prospects of the Road, that the Stockholders, as well as 
the Slate, might receive some return from their investment even 
before the expiration of the period granted by the Slate for the 
suspension of its dividends. It is therefore recoimmended that au- 
thority for this purpose be given to the Board of Directors in such 
manner as may be deemed most advisable. 

The business of Port Walthall has increased considerably du- 
ring the past year. Forty-two vessels have been loaded there, 
taking 85,962 barrels of flour and 2,272 hogsheads of tobacco, 
besides grain, cotton, manufactured tobacco, &c. ; and seventy-six 
with coal, taking upwards of 225,000 bushels. The amount of 
inward freight has been small, consisting of salt and plaster, with 
some groceries and dry goods ; but as it is only recently that 
freight has commenced arriving at this port, it may be of some 
importance in future. All of the flour and tobacco vessels, and 
most of those for coal, prefer being towed in and out of the Ap- 
pomattox, by which they are greatly expedited in their trips, and 
give nearly full employment to the Steamer Chesapeake at this 
time, and although she has heretofore been a source of expense 
to the Company, it is believed that henceforth she will at least 
clear her expenses and afford great facilities to the shipping at 
this port. But if she even continued to be a source of some ex- 
pense to the Company, a tow boat in readiness and at their com- 
mand at all times, is so necessary to this important branch of 
their business, that the advisability of retaining her seems beyond 
doubt. 

The Association for running a Steamboat Line between Port 
Walthall and Norfolk, referred to in the last Annual Report as 



165 

about being formed, has recently placed the fine Steamer Augus- 
ta on this route, and there cannot be a doubt that the superior 
speed and comfort of the route will, within a reasonable time, se- 
cure a considerable amount of travel, and prove a source of in- 
creased revenue to the Richmond and Petersburg Rail Road Com- 
pany. 

The re-flooring of James River Bridge has been very much re- 
tarded by the difficulty of procuring the timber for that purpose. 
About one-third of it is now laid, and the balance will be com- 
pleted during all of this summer. When finished, with the iron 
track entirely across, it will be a beautiful and permanent improve- 
ment and require little or no expense for repairs for some years. 

The whole hue of the Road, from the Southern end of James 
River Bridge to Pocahontas Depot, is in good condition; and 
with the arrangements made for its supervision, will be kept so, 
even if the trade over it should exceed our most sanguine expec- 
tations. 

The Turnpike between Richmond and Petersburg, the expenses 
of which have been heretofore nearly met by its receipts, has cost 
the Company, during the past year $1,104 53. This will be ac- 
counted for by the construction of a new bridge across the Appo- 
mattox at Petersburg, and a new toll house near Swift Creek. 

The accompanying statements, which present to the Stockhol- 
ders a full view of the affau-s of the Company, are herewith re- 
spectfully submitted. 

Signed by direction and on behalf of the Board. 

WIRT ROBINSON, President. 

W^hereupon, the said Report and the Documents therein refer- 
red to, were received, approved and ordered to be recorded. 

Mr. Lyons then laid before the meeting two communications to 
him as proxy of the Commonwealth from the Board of Public 
Works — one of the 25th instant, and the other of this date — the 
former enclosing certain resolutions of the Board of Public Works 
in relation to the connexion between this Company and the Nor- 
folk and Port Walthall Steamboat Association, and the other con- 
taining a communication of .Fohn F. May and others, and resolu- 
tions of the Board of Public Works, in relation thereto ; and he 
offered the following resolution in relation to the first communica- 
tion of the Board : 

Resolved, That the instructions from the Board of Public W''orks 
to their proxy, which have been this day read to the meeting, to- 
gether with the correspondence between that Board and the Pre- 
sidents of this Company and of the Richmond, Fredericksburg 
and Potomac Company, and all other matters and questions touch- 
ing the connexion between this Company, the Richmond, Frede- 



166 

ricksburg and Potomac Company and the Port Walthall Associa- 
tion, and the controversy between this Company and the Peters- 
burg Company, be referred to a committee of five, with instructions 
to investigate the whole subject, and report to an adjourned meet- 
ing of this Company as soon as practicable. 

After v/hich, the following correspondence between the Board 
of Public Works and the Presidents of this Company and the 
Richmond, Fredericksburg and Potomac Rail Road Company, 
was called for and read. 



CORRESPONDENCE. 



Second Auditor's Office, 11th May, 1846. 

Wirt Robinson, Esq., 

PresU Richmond and Petersburg R. R. Co. 

Dear Sir: — By direction of the Board of Public Works, I 
herewith transmit a copy of a memorial addressed to them by R. 
A. Majo and others, owners of the Steamers Curtis Peck and 
Alice, and of a resolution adopted by the Board in relation to the 
same, with the request that they may receive your prompt atten- 
tion. Very respectfully, your obedient servant, 

J. BROWN, Jr. 

The memorial of Robert A. Mayo, Luther Libby, Richard O. 
Haskins, Hay T. Taliaferro, Edwin S. Taliaferro, John Davis, 
and others, to the Board of Public Works: 

Humbly represents, That they, the above named parties, own- 
ers of the Steamboats Curtis Peck and Alice, now plying as 
passage boats on the James River from Richmond to Norfolk, 
have as individuals invested a large amount of capital in the 
purchase of those boats, with the intention of forming a daily 
line on the river, and for the purpose of carrying the mail daily 
between Richmond and Norfolk, and for the transportation of 
passengers; that they are separately and collectively bound for 
all and every expense of the running of their boats, and that they 
are now opposed by Steamboats called the Chesapeake and 
Augusta; the former entered in the Custom House in this city 
in the name of Moncure Robinson, trustee for the Richmond and 
Petersburg Rail Road Company, the latter said to be owned by 
individuals: both of which boats are running in connexion with 
the Richmond, Fredericksburg and Potomac Rail Road Compa- 
ny, and the Richmond and Petersburg Rail Road Company in 



167 

transporting passengers to Richmond and on to Washington city, 
and from Norfolk via Port Walthall to Petersburg at a reduced 
price. 

In consequence of the passengers by those boats being passed 
over those different Rail Roads without charge, or if any, at a less 
cost than passengers taken from any other point along the same 
Rail Roads of like distance, — We, the undersigned, desiring that 
we as individuals, engaging in a private enterprise, should be so 
far protected as you may have it in your power to protect us, by 
placing others on equality with us, by requiring them to pay a 
fair proportion for whatever travel may be transported over the 
Rail Roads before mentioned, or so far as the State's interest is 
involved. 

If it should appear that the boats are owned by individuals 
thus engaged in transporting passengers over the Rail Roads to 
Norfolk in connexion with those boats, and that it is an indivi- 
dual enterprise, and that the interest of the State on those roads 
is not made to operate against us, then we have not a word. 
But we feel assured that you, as the guardians of the State's 
interest in all works of internal improvement, will inquire into 
the grievance here set forth, and not allow the capital of the 
State to be used in putting down the enterprise of its private 
citizens, and feel assured that you will require that those compa- 
nies shall be confined strictly within the limits of their respective 
charters as rail road companies, and not allowed to own or be 
concerned in the running of steamboats, — and we would respect- 
fully suggest, that for the better information of your body, as to 
the interest of the State in keeping up the line complained of, 
that you send for persons and papers. 

All of which is respectfully submitted. 

[Signed] Ro. A. Mayo, 

Luther Libby, 
Richard O. Haskins, 
H. T. Taliaferro, 
Edwin S. Taliaferro, 
John Davis. 

Richmond^ Va., 1th May, 1846. 

At a meeting of the President and Directors of the Board of 
Public Works, held May 9th, 1846, the following resolutions 
were adopted : viz. 

Resolved, That the Second Auditor transmit to the President 
of the Richmond, Fredericksburg and Potomac Rail Road Com- 
pany, and to the President of the Richmond and Petersburg Rail 
Road Company, each, a copy of the memorial of Messrs. Mayo 
and others, owners of the Steamboats Curtis Peck and Alice, 



168 

plying between Richmond and Norfolk, addressed to the Board 
of Public Works and this day laid before them, and also a copy 
of the following resolution : 

Resolved^ That whilst the Board disclaim the extensive powers 
attributed to them by the said memorialists, they respectfully re- 
quest the said Presidents to communicate to them such informa- 
tion as will put them in possession of a correct knowledge of all 
the facts alleged in said memorial, and particularly, whether the 
Steamers Chesapeake and Augusta, or either of them, belong 
■wholly or in part to both or either of said Rail Road Companies; 
■whether the establishment of said boats as part of a line to con- 
vey passengers to and from Norfolk and Richmond via Port 
Walthall is maintained wholly or partly at the expense of said 
Rail Road Companies; whether passengers on said Boats are 
passed over the said Rail Roads on more favorable terms than 
other passengers; what contracts or other engagements or ar- 
rangements have been entered into respecting the same, and (if 
the said Rail Road Companies have in any manner a direct pe- 
cuniary interest in the said boats, or in their maintenance) what 
object they have in view in contributing the same. 

A true copy from the minutes. 

Teste, J. BROWN, Jr., Second Auditor. 

James Brots^n, Jr., Esq., Second Auditor : 

Sir, — The undersigned, Presidents of the Richmond, Frede- 
ricksburg and Potomac, and Richmond and Petersburg Rail Road 
Companies, have received your communication of the 11th inst., 
enclosing a copy of certain resolutions adopted at a meeting of 
the Board of Public Works on the 9ih inst., and beg leave to 
make the following reply to the same : 

The Steamboat Chesapeake was purchased in December, 
1843, by the Richmond and Petersburg Rail Road Company, 
on the completion of their Port Walthall branch, for the purpose 
of towing vessels to and from the landing at Port Walthall. It 
■was believed to be essential to the usefulness of that branch, and 
has been used as a toioing boat, except at particular periods, 
when the towing business being dull, it has been chartered or 
used temporarily by the Company for the conveyance of passen- 
gers. This boat is exclusively the property of the Richmond 
and Petersburg Rail Road Company. 

The Steamboat Augusta is the property of an association, 
styled the Norfolk and Port Walthall Steamboat Association, 
running in connexion with the Richmond and Petersburg Rail 
Road Company between Port Walthall and Norfolk, under an 
arrangement made between the Richmond, Fredericksburg and 
Potomac, and Richmond and Petersburg Rail Road Companies, 



169 

by which it has been agreed that three-fourths of the receipts for 
travel and freight between Richmond and Petersburg and Nor- 
folk should accrue to the Association, and one-fourth to the Rich- 
mond and Petersburg Rail Road Company, and that the whole 
receipts from any through travel between the towns of the Dis- 
trict of Columbia and Norfolk should also accrue to the Associa- 
tion for the term of two years, after which the receipts from this 
last travel are to be divided between the Norfolk and Port Wal- 
thall Association and the Rail Road Companies, "Either in the 
ratio of the local fares, or as a disinterested umpire or umpires to 
be agreed on between the parties may determine." The capital 
stock of this Association consists of three hundred and sixty 
shares, of one hundred dollars each, of which the Richmond, Fre- 
dericksburg and Potomac Rail Road Company are the holders 
of one hundred and twenty-five shares. 

The above states the whole " engagements or arrangements" 
under which the Steamboat Augusta is now running, and it re- 
mains for the undersigned to state to the Board the objects which 
the Richmond and Petersburg and Richmond, Fredericksburg 
and Potomac Rail Road Companies had in entering into these 
engagements and arrangements. 

It is known to the Board of Public Works that a leading object 
in the construction of the Port Walthall branch of the Richmond 
and Petersburg Rail Road was to secure, or at least participate 
in the passenger business between Richmond and Norfolk. A 
branch to Bermuda Hundred was authorised in the charter of the 
Company, but it was found that the same objects would be attain- 
ed by making the branch in part to Port Walthall only, as by 
continuing it the whole distance to Bermuda Hundred. Accord- 
ingly at a meeting of the stockholders of the Richmond and 
Petersburg Rail Road Company on the 8th of July, 1842, the 
Board of Directors were instructed to construct this branch ex- 
pressly with a view to the passenger business between Richmond 
and Petersburg and Norfolk, and long before the present James 
River Steamboat Company was constituted, and it has been the 
constant aim of the Directors of the Richmond and Petersburg 
Rail Road Company, since the completion of their branch, to 
induce a Steamboat Company or Association to run in connexion 
with them. They believe that the revenue which will accrue to 
them from securing the travel between Richmond and Petersburg 
and Norfolk on their Rail Road will well justify the slight in- 
creased expense of running their trains on the Port Walthall 
branch in connexion with a steamboat line. 

But the inducements offered by them not having been found 
sufficient to lead to the formation of a steamboat line, it was be- 
lieved to be an object with the Washington and Fredericksburg 
2 



170 

Steamboat Compan}', and the Richmond, Fredericksburg and 
Potomac, and Richmond and Petersburg Rail Road Companies, 
to give up for a specified time, the income from such travel as 
would be brought over the Rail Road and Steamboat line be- 
tween Washington and Port Walihall, on through tickets, be- 
tween Washington, Alexandria and Georgetown, on the one 
hand, and Norfolk and Old Point Comfort, on the other, in order 
to secure permanently a revenue to these companies from this 
travel. As no extra expense in running trains was occasioned 
to either Company by this travel, which had not before existed, 
and which would be created by the arrangement, it was obvious 
that each company could well afford to give up its extra receipts 
from it for a year or two, in order to secure permanently an im- 
portant additional income from it. 

The above objects would in the opinion of the Directors of the 
Richmond, Fredericksburg and Potomac, and Richmond and 
Petersburg Rail Road Companies, have abundantly justified the 
arrangements made between these Companies and the Norfolk 
and Port Walthall Steamboat Association ; but an object of far 
more moment both to the Commonwealth and the individual 
stockholders of the Rail Road Companies will be attained by 
them. 

The Board of Public "Works are aware that about the 1st of 
April, 1845, the cars of the Portsmouth and Roanoke Rail Road 
Company ceased to run to Weldon on that rail road. Imme- 
diately afterwards, an arrangement was made between the City 
Point Rail Road Company, the James River Steamboat Compa- 
ny, and the Bay boats, by which travellers were conveyed the 
whole distance between Petersburg and Baltimore for six dollars 
only, or the lowest charge at which they have ever been convey- 
ed between Norfolk and Baltimore. This arrangement made 
expressly with a view of diverting the through travel from the 
rail roads north of Petersburg, would in itself have been most 
injurious to them, but it was made still more so, by the President 
of the Petersburg Rail Road Company allowing the runners of 
this combined line the privilege of travelling free of charge in the 
cars of the Petersburg Rail Road Company, of distributing bills 
and soliciting travel in them, and of giving through tickets over 
the Petersburg Rail Road by the James River and Bay boats, 
privileges still allowed, greatly to the injury of the rail roads north 
of Petersburg. 

You may recollect, sir, that your attention was at the time 
drawn to this subject by the President and Directors of the Rich- 
mond, Fredericksburg and Potomac Rail Road Company, in a 
communication a copy of which is herewith inclosed, and it was 
hoped the Board of Public Works would have felt themselves 



171 

authorised to exercise their influence so far as they could legiti- 
mately, through the Directors and proxy of the Commonwealih 
in the Petersburg Company, in arresting a proceeding which was 
inflicting, and which continues to inflict serious injury on the in- 
terests of the Conamonwealth in the rail roads north of Peters- 
burg, and which cannot fail if continued, seriously to re-act on the 
prosperity of the latter work. 

The Boards of Directors are gratified in believing that the or- 
ganization of the Norfolk and Port Walthall Association will be 
an important protection to the companies north of Petersburg 
against the injury with which they have been threatened. It is 
obvious that if the James River and Bay Steamboat Companies 
could continue to receive high rales of fare and an adequate sup- 
port from the local travel between Richmond and Petersburg and 
Norfolk, and between Norfolk and Baltimore, they could afford to 
take the through travel, or that between Petersburg and Balti- 
more at any rate, however low, which did not interfere with their 
local rates, and thus the lines of rail road in which the State 
has so large an interest between Petersburg and Washington 
would be kept impoverished atid possibly in a disabled condition, 
merely that the traveller between the Northern and Southern 
States might be conveyed out of Virginia at a diminished cost. 
The Norfolk and Port Walthall Association, whilst it reduces the 
charge to the domestic travel between Richn)ond and Petersburg 
and Norfolk, will make it impracticable for the combined line 
to subsist at the very reduced rates which have hitherto been 
charged on the through travel, and oblige those boats to add at 
least somewhat to the present charge. If even the highest 
charge ($2) which has been made recently during the travelling 
season by the James River boats between Petersburg and Nor- 
folk was added to the charge of the Bay boats, the whole charge 
by the river and bay line would still be less, allowing for meals, 
than the present charge by the rail road line between Petersburg 
and Baltimore, and this last the Board of Public Works may feel 
assured, has (in view of the competition to which the rail road 
line has recently been exposed) been placed as low as the Rail 
Road Companies feel that they can, in justice to their stockhold- 
ers, convey the traveller at. 

Some explanation may be proper by one of the undersigned, 
on the subject of the stock of the Norfolk and Port Walthall 
Steamboat Association, held by the Richmond, Fredericksburg 
and Potomac Rail Road Compan3^ 

The Board of Directors of that Company were instruct':'.! at 
the meeting of the stockholders in May, 1844, "To in\ ;, in 
such manner as they may deem most for the advantage of the 
stockholders, any amount which they may deem it expedient to 



172 

retain as a permanent contingent or sinking fund, and any sur- 
plus funds wliich ihey may from time to lime have on hand, and 
which it may seem to ihem most expedient to invest temporarily." 
As it was designed to eifect both fire and marine insurance on 
any boat or boats which might be purchased by the Norfolk and 
Port Walthall Steamboat Association, and the investment was 
deemed by individuals an advantageous one, it was believed by 
the Board that they could temporardy invest in no manner more 
"for the advantage of the stockholders," twelve thousand five 
hundred dollars of the fund provided by them as a contmgent and 
sinking fund, than in the stock of the Association. By this in- 
vestment, so long as the fund may not be required by the Com- 
pany for other purposes, the Board are enabled to exercise a suf- 
ficient influence in the Association to prevent any combination 
being formed with other steamboat lines on the Bay, such as 
have hitherto been so prejudicial to both the Richmond, Frede- 
ricksburg and Potomac, and Richmond and Petersburg Rail 
Road Companies. This consideration would be alone of more 
consequence than any possible loss which could result from the 
investment. 

The undersigned, in conclusion, deem it scarcely worth while to 
remark on the complaint of the proprietors of the James River Boats, 
that the Norfolk and Port Walthall Steamboat Association, in con- 
nexion with the Richmond, Fredericksburg and Potomac and 
Richmond and Petersburg Rail Road Companies, are transport- 
ing passengers between Washington and Norfolk, and Richmond 
and Petersburg and Norfolk, at reduced rates. It will be seen from 
what has been above stated, that the Rail Road Companies be- 
tween Port W^althall and W^ashington have been iTiuch "more 
sinned against than sinning," in this matter. It may be added, 
(what the members of the Board are perhaps aware of,) that du- 
ring the whole of the last summer, the Steamboat Curtis Peck and 
the Jewess, a boat belonging to the Bay Company, ran alternate- 
ly on James River, in connexion with the Baltimore Bay Boats, 
and it is generally understood that the Bay Company and the 
owners of the Curtis Peck are jointly the owners of the Steam- 
boat Alice, so that a company incorporated b}' the Slate of Ma- 
ryland, and the Stock of which is held in the City of Baltimore, 
is in fact the proprietor of much the largest portion of the Steam- 
boat Line between Petersburg and Baltimore, by way of the James 
River and Bay. And yet the owners of the Curtis Peck are 
gravely endeavoring to enlist the sympathies of the Board of Pub- 
lic Works in their behalf, in an attempt, in conjunction with this 
Baltimore Steamboat Company, to divert the legitimate travel of 
a line which the State of Virginia and its citizens have expended 
ctiillions in constructing J 



173 

That the Board of Public Works may be satisfied that such is 
(he true aspect of the case, the undersigned will willingly undertake 
to pledge their respective Companies, as well as the Stockholders 
of the Norfolk and Port Walthall Steamboat Association, that no 
reduction will henceforth be made on the Richmond, Fredericks- 
burg and Potomac, and Richmond and Petersburg Rail Roads, 
in favor of passengers by the Augusta, and that none shall be 
made by the Augusta in favor of passengers by the Rail Roads; 
Provided, the James River and Bay Companies will adopt a simi- 
lar course and make the same charge on all passengers travelling 
between the same points on their respective routes. If this pro- 
position is declined, it can only be because the James River 
and Bay Companies wish to have the benefit of combination, 
and of reduced rates on through tickets, in order to divert travel from 
the Rail Roads north of Petersburg, but are unwilling that the 
Rail Road Companies should be protected by the adoption of a 
similar course. It is enough, it is believed, to state the proposi- 
tion to the Board of Public Works, to satisfy them, thai as guar- 
dians of the interests of the Commonwealth, not to speak of those 
of individuals, in the works committed to their charge, the Boards 
of Directors of the Rail Road Companies would have been want- 
ing in their duty not to have taken the measures adopted b}'^ them 
for their protection, or to discontinue any of iheiTi, unless under 
such a stipulation as has been above suggested. 

All which is respectfully submitted. 

Signed, MONCURE ROBINSON, 

Pres't R. F. 6)' P. R. R. Co. 
WIRT ROBINSON, 

Pres't R. Sf P. R. R. Co. 

Richmond, May 20th, 1846. 

Mr. Macfarland then offered the following as a substitute for the 
resolution of Mr. Lyons: 

Resolved, That the arrangement entered into by this Company 
with the Port Walthall Association be, and the same is hereby 
approved. 

Judge May offered the following as a substitute for the forego- 
ing substitute of Mr. Macfarland : 

Resolved, That the contract which has been entered into on the 
part of the Board of Directors of this Company with the Port 
Walthall and Norfolk Steamboat Company is inexpedient ; and if 
it shall continue to be executed for any length of time, will in- 
crease the present heavy embarrassments of this Company : and 
therefore while this meeting disclaims all censure of the Board, 
that it be recommended to the Board to procure a rescision of the 
said contract. 



174 

The substitute offered by Judge May was rejected. 

The substitute of Mr. Macfarland for the resolution offered by 
Mr. Lyons, was then adopted. 

The communication of John F. May and others to the Board of 
Public Works, which was submitted by Mr. Lyons, was then re- 
ferred to the President and Directors of this Company, with in- 
structions to report thereon to the said Board. 

Mr. Rhodes offered the following resolution : 

Resolved, That the President and Directors be, and they are 
hereby authorised to make a loan or loans, payable at such times 
and places as they may deem advisable, not earlier than 1865, 
for an amount not exceeding sixty thousand dollars, for the pur- 
pose of funding the debt of the Company due previous to the year 
1850, and of purchasing any increased stock of machinery which 
may be required by the increasing business of the Road, and that 
the}' be authorised to give such security for the same on any or 
all the property of the Company, as they may deem expedient. 

Judge May offered the following amendment thereto: 

Provided, That not more than 6 per cent, interest be paid for 
such loan, and that no commission be allowed for negotiating the 
same. 

The said amendment was rejected, and the resolution of Mr. 
Rhodes, as set forth above, after the blank had been fillpd with the 
words "sixty thousand," was adopted — Ayes 1182, Noes 154. 

On motion of Mr. Rhodes, 

Resolved, That the Board of Directors be authorised to ad- 
just the debt due from Charles F. M. Garnett upon such terms as 
they may deem proper. 

The meeting then proceeded to the election of Officers and Di- 
rectors for the ensuing year, whereupon the following gentlemen 
were unanimously elected : Wirt Robinson, President ; Richard 
Barton Haxall, Vice President; and Richard B. Haxall, John 
Bragg and William P. Sheppard, Directors on behalf of the Stock- 
holders. 

Holden Rhodes and Charles Ellis were announced to have been 
appointed by the Board of Public Works Directors on behalf of 
the State. 

Resolved, That the President and Directors take stjch measures 
in regard to publishing their Report and the Proceedings of this 
meeting as shall seem to thcrn expedient. 

And then the meeting adjourned. 

J. B. HARVIE, Chairman. 

Jno. Williams, Secretary. 



175 
CASH ACCOUNT. 

Richmond and Petersburg Rail Road Company 

in acdt with John "Williams, Treasurer. 

1846. May 1. Dr. Cr. 

Cr. By balance bro't from last year's account, 
By amount of Cash receipts from trans- 
portation during the year, 
By freight received on produce and goods 

on other roads, - . - . 

By proceeds of Company's Bonds, 



Dr. To am't of temporary loans from Banks 

and others, paid off during the year, 
To am't of notes and bonds, do. do. 
To am't of expenses paid on transportation 

account, 

To State dividend paid, ... 
To freight paid on produce and goods on 

other roads, - . - . . 
To am't of loans on construction account 

paid during the year, . - _ 
To am't of interest on do. do. 
To am't of expenses on do. do. 



Balance on hand, .... $ 6,290 10 

Richmond, \st May, 1846. 

JOHN WILLIAMS, Treasurer. 





$3,258 93 




75,100 05 




27,881 50 
29,574 21 




$135,814 69 


$18,178 95 
41,282 73 




32,046 82 
5,568 00 




27,254 61 




1,000 00 

4,184 80 

8 68 


129,524 59 





176 

STATEMENT of the affairs of the Richmond and Petersburg Rail 

Cost of Road and Property. 

From Richmond to Petersburg, including in- 
terest, $873,281 69 

Brancii Road to Port WaUhall, purchase of 
land at Do., wharves, coal tracks, and cost 
of cars, &c. 34,917 22 

Steamer Chesapeake, ----- 0,695 00 

S914,893 91 

Debts due to the Company. 

By individuals on Stock, - - - - 5,726 06 

Open accounts, ------ 4,542 70 

10,268 76 

Purchase of Stock, 7,400 00 

Cash on hand, 6,290 10 



S938,852 77 



177 

Road Compa'ny,from the commencement of the work to the \st of May, 1846, 

Capital Stock. 

Subscribed by individuals, 3,000 shares, - S300,000 00 

Do. by the State, old stock, 2,000 shares, 200,000 00 

new " 1,856 " 185,600 00 

S685,600 00 

Debts due by the Company of a permanent nature. 

Bonds due in London in 1853, £ stg. 12,300 at par, 54,666 67 
Bonds due in Richmond in 1850, at par, - 40,000 00 

r 94,666 67 

Dividends credited to private Stockholders out of profits 

of transportation, 23,942 71 

Dividend due to the State, 1st January, 1846, 5,568 00 

m 29,510 71 

Debts due by Bonds, Notes and open Accounts. 

Bonds, 9,616 09 

Notes, 44;1"78 06 

Open accounts, 5,542 91 

^, 59,337 06 

Profit and Loss. 

Receipts from transportation since the com- 
mencement, 505,431 03 

Deduct expenses of transportation, interest, ** 

dividends paid to the State, cost of relaying ^ 

the road, - . - . 411,749 99 li 

And deduct the above dividends » 

credited to Stockholders, 23,942 71 

435,692 70 

. 69,738 33 

S938,852 77 

Richmond, 1st May, 1846. 

JOHN WILLIAMS, Treasurer, 



178 



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179 



STATEMENT OF TRANSPORTATION EXPENSES, 

From 1st May^ 1845, to 1st May, 1846. 



Repairs of Rail Road, $7,345 26 

Repairs of Engines and Cars, 8,382 81 

Train Expenses, including Clover Hill Rail Road, - - 9,707 39 

Depot Expenses, 5,288 38 

Repairs of Bridges, including new floor on Falling Cr. Bridge, 1,345 10 

Omnibus Expenses in Richmond, . . . - - 634 54 

Officers' Salaries, 5,428 95 

Postages, 67 59 

Train Losses, 158 00 

Newspapers, Advertising and Printing, ... - 168 23 

Contingent Expenses, -------- 430 19 

Branch Road Expenses, ------- 1,977 06 

Repairs of Depots, .-----.- 847 15 

Office Expenses, 184 22 

Transportation of Mail and Baggage in Petersburg, - - 490 00 

Counterfeit Notes and Discounts on Foreign Money, - - 1152 

Amount of Transportation Expenses, .... $42,466 39 
Expenses of running Steamer Chesapeake, and Repairs of 

Lighters, 2,815 71 

$45,282 10 



180 



A. 



STATEMENT OF EXTRAORDINARY EXPENSES, 
From \U May, 1845, to 1st May, 1846. 



20 Coal Cars, purchased at $112 50 each, .... $3,450 00 
30 New do. built in Company's Shops, cost $175 00 each, 5,250 00 

9 partly new do. do. do. do. $64 00 each, 576 00 

1 neweight wheeled Passenger Car, built in Company's Shops, 1250 00 

1 do, four wheeled do. do. do. 

1 do. eight wheeled Freight do. do. 

1 Engine, rebuilt for Coal Trade, cost 

1 six wheeled Tender for Coal Trade, cost 
Reflooring James River Bridge, paid on acc't during the year. 
Purchase of property at Port "Walthall, building Wharves, and 

Truss Work for Coal Yards 914 01 



do. 


do. 


250 00 


do. 


do. 


400 00 


- 


- 


1,075 00 


- 


. 


250 00 


urinj 


I the year. 


4,344 07 



$17,759 08 



STATEMENT of Engines and Cars noio in 7ise on the Richmond and 
Petersburg Rail Road, 



7 Locomotive Engines and Tenders. 
20 eight wheeled Freight Cars. 
11 four wheeled do. do. 
77 four wheeled Coal Cars. 

5 eight wheeled Passenger Cars. 

1 four wheeled do. do. 

2 eight wheeled Baggage Cars. 
2 four wheeled do. do. 



REPORT 



OF THE 



PRESIDENT AND DIRECTORS 



RICHMOND AND PETERSBURG 
RAIL ROAD COMPANY, 



TO THE 



BOARD OF PUBLIC WORKS, 



ON THE 



COMMUNICATION OF JOHN F. MAY AND OTHERS, 



REFERRED TO THEM AT THE 



LAST ANNUAL MEETING OF THE STOCKHOLDERS. 



RICHMOND: 

p. D. BERNARD, PRINTER, OPPOSITE THE EXCHANGE BANK, MAIN ST. 

1846. 



LETTER 
Of J. F. May and others to J. Brown, Jr., Second Auditor. 



Petersburg, May 13th, 1846. 

Sir, — Being Stockholders in llis Richmond and Petersburg Rail 
Road Company, in which the State holds about one half of the 
Stock, we beg leave to ask the attention of the Board of Public 
AVorks, previously to the approaching Annual Meeting, to the af- 
fairs and condition of that Company. 

In the first place, you should know, that the Stock has been de- 
preciating for some time past, and that the last sale in this place 
Avas at $23 per share on credit, and subseciuently in Richmond at 
$20 cash. Several of us have occasionally attended the Annual 
Meetings ; but we are so utterly powerless there, that we have felt 
that any effort of ours would be vain and useless. For example, 
at the last meeting the State gave 394 votes, Moncure Robinson, 
Esq. about 396, and all others about 407. Of course, after ascer- 
taining in free and friendly conversation, as we did on several sub- 
jects, that the two former concurred in opinion on any subject, we 
made no opposition. 

We wished to require the President to perform also the duties 
of Superintendent, which we thought he well might for $1500 per 
annum, and thus save the salary of the latter ; but those two gen- 
tlemen, holding upwards of 700 votes, being against us, we did not 
formally submit the proposition. So of others. We cannot yet 
see the necessity, on a road 22-J miles long, and doing so little bu- 
siness as this unfortunately has to do, for two such officers. We 
would be glad to know how many times a year they even pass over 
the road. The Company is so much in debt that it has obtained 
indulgence from the Legislature for the 3 per cent, interest due to 
the State on its stock, while it pays nearly $5,000 for salaries. 

The Branch Road, of which the cost was estimated to be $9,000, 
and limited, when sanctioned by the Stockholders, to $10,000, has 
actually cost about $17,000. To this is to be added the cost of a 
Steamboat and Lighters, not sanctioned by the Stockholders, about 
$9,000. To pay this and other debts, the Company has borrowed 
$30,000 in New York, at 7 per cent., besides paying a commission 
(we should like to know how much) for negotiating this advanta- 
geous loan. The rate of transportation from Riclimond on this 
Branch Road to Port Walthall is 5 cents per barrel on flour, in- 
cluding wharfage, being about one half the usual rale, and in pro- 
portion perhaps on other articles. It will be desirable to all the 
Stockholders, %cho wish for any profit on their stock, to be inibrmed 
how much ha.s been lost on the aforesaid Steamboatj and why, 



if she was required for the purposes of this Company, she should 
have been sent to run on the Potomac during the period of ice in 
that river, as a substitute for the boat belonging to that route, when 
the risk of damage and the wear and tear are greater than at any 
other season? 

We wisli to know how much is derived from the passengers who 
are carried to and from Port WaUhall, for the Steamboat that phes 
thence to Norfolk, the whole passage and fare being one dollar, 
and between Washington and Nortbik, five dollars : if they pay 
25 cents a head to the Rail Road, we shall be disappointed. While, 
however, a daily trip from Richmond is made to aid this Steam- 
boat concern, we cannot forget that for the last two years the Pe- 
tersburg people have been unable to procure the transmission of 
the mail in the accommodation train, when it arrived in Richmond 
too late for the mail train.* This, it was said, would involve an 
expense which we had no right to entail on the Company, and for 
which the United States refused to pay. 

We have heard that the Company has purchased an old engine 
and cars from the Richmond and Fredericksburg Company, 
(doubtless on credit.) If the fact be so, we should like to know 
what was the condition of those vehicles, the prices paid for them, 
■and by whom the bargains w'ere made ; and especially, in what 
respects such articles were both sibitable to us, and unsuitable to 
the Richmond and Fredericksburg Company. 

If the Board of Public Works choose to act on this subject, we 
.should wish to have this communication submitted to the Presi- 
dent and Board of Directors, and to have a full report on the sub- 
ject set forth in it. 

Some of the details herein mentioned are stated from recollec- 
tion, and may not be exactly correct, but believing them to be so 
in substance, and that the means of accurate information are easily 
accessible, we request that this letter may be submitted to the 
Board of Public Works. 

Very respectfully, yours, &c. 

J. F. MAY, 

P. C. SPENCER, 

E. H. OSBORNE, 

JOHN BRAGG, 

SAMUEL MORDECAI, 

D. H. BRANCH, 

Attorney for R. R. Beasley. 
J. V. WILLCOX, 
WM. ROBERTSON, 

Ex'orof A. S.Jeffries. 
EDWIN D. WILLCOX, 
ROBT. B. BOLLING, 
ROBT. B. BOLLING, 
Ex'or of Robt. Boiling, dec'd. 
To James Brown, Jr., Esq. 

Second Auditor. 

♦Perhaps a dozen times a year, and then our mail had to remain till nest day. 



I have just learned that in consequence of the prevalent opinion 
that the Richmond and Petersburg Rail Road Company are in- 
terested in, or favoring improperly, the New Steamboat concern, 
a plan is contriving between the City Point Road and the Old 
Steamboat Line to take passengers between this place and Rich- 
mond at 50 cents. At this season, this would take a good portion 
of our local travel. 

A stockholder requests the Board of Directory to report whether 
any salaries have been raised since the obtention of indulgence 
from tbe State ; and whether the increase has been retrospeciive 
or prospective only. J. F. MAY. 

The foregoing Communication and Postscript are true copies of 
the originals filed in this office. 

J. BROWN, Jr., Second Auditor. 
Second Auditor's Office, 26th May, 1846. 



At the Annual Meeting of the Stockholders of the Richmond 
and Petersburg Rail Road Company, a letter from J. F. May and 
others, Stockholders in this Company, residing in Petersburg, to 
the Second Auditor was submitted to the meeting by the Proxy of 
the Board of Public Works, and referred to the Board of Directors 
of the Richmond and Petersburg Rail Road Co. for an answer: 

To the first part of this communication, which complains of the 
signers of it being unable to carry out such measures as they 
deemed advisable, in consequence of a majority of the Stockhold- 
ers and the Slate's proxy not agreeing with them in opinion, the 
Board of Directors have only to reply, that the votes given by the 
proxy of the Commonwealth, and the gentleman named in the 
communication, were of course in proportion to the interests repre- 
sented by these gentlemen, and that they can scarcely suppose 
that the signers of the Petersburg letter mean to consider it a 
grievance, that the representatives of the small amount of Stock 
held in Petersburg, scarcely one-eighteenth of the whole capital 
of the Company, are not allowed to control its measures. 

The Board will now reply as succinctly as possible to the alle- 
gations of the Petersburg letter. 

The Stockholders have not chosen to require that the President 
should perform the duties of Superintendent, because they were 
satisfied that the case was a very rare one, in which qualifications 
for the two offices were found united in one individual, but the 
office of Superintendent has been in fact dispensed with during a 
great part of the last year, the President, since the resignation of 
Mr. T. S. Garnett, on the 1st of Nov. last, having chosen, without 
any suggestion to that effect by the Board, and without any in- 
crease of salary, to endeavor to dispense with the office of Super- 
intendent, by performing himself in part the duties of that office, 
and devolving them in part on Mr. Dodaraead, Superintendent of 
the machine shops. The gentlemen of Petersburg will, it is hoped, 



6 

see in this circumstance, whilst the business and income of the 
Company have increased during the past year //(///;(/ per ceyit., an 
evidence that there is no want of di^iposition on the part of tlie 
Board, and particuhirly the President, to reduce the expenses of 
the Compiiny so far as may be consistent with having its business 
properly performed. The salaries of the olFicers of the Road, viz. 
President, Treasurer and Clerk, at each end of the Road, amount 
at present to $1,050, instead of $5,000, as stated in the Petersburg 
letter, and the only increase^ either rolrospective or jn-ospeciive, 
which has been made since the passage of the Act for the relief 
of the Company, is in the salary of the Treasurer, which in con- 
sideration of his increased duties, was raised on tlie 12ih inst. from 
$1250 to $1500. 

A complaint is made of the cost of the branch Road to Port 
Walthall, which it is stated, was "estimated at $9,000, and limited 
when sanctioned by the Stockliohlers to $10,000"— and of the 
Company having borrowed $30,000 in New York at seven per 
cent, to pay this and other debts. 

The estimated cost of the Port Walthall branch, "including the 
necessary wharves for a moderate coal and passenger business," 
was $22,000 — and at the meeting of the Stockholders on the 30th 
of May, 1843, the Board of Directors were instructed to proceed 
forthxrith in its construction., without any limit being fixed for its 
cost; this, including purchase of land, wharves, coal tracks, &c. 
is about $20,000 — and the amount of business done over it during 
the past year, as stated in the Annual Report to the Stockholders, 
will shew that its construction was highly judicious. No loan has 
ever been made by this Company in New York, and six per cent, 
is the highest rate of interest yet paid on the bonds of the Com- 
pany or any temporary loan. The highest commission ever paid 
by the Company in any case, on any permanent loan, was 2\ per 
cent.; none has been paid on much of it; and nothing on any 
temporary loan, the President in effecting these having given his 
private endorsement to enable the Company to obtain the Bank 
accommodations and others required by it. It is believed that no 
Company similarly situated Vv^ith this, ever obtained the funds re- 
quired by it on more advantageous terms. 

It is knovvn to all who have an interest in the Richmond and 
Petersburg Rail Road, that the transportation on flour to Port 
Walthall was put at its present low rate in consequence of the 
competition of the Towing Company, and for the purpose of in- 
ducing shippers to try this route; it is not so low but that the Com- 
pany can make some profit by it; and now that the superior ad- 
vantages of this route are acknowledged, it will bear a higher rate 
of charge, which was determined on by the Board of Directors on 
the 25th of February last, to take effect from the 1st of July next. 

The steamer Chesapeake, which is now actively engaged in 
towing at Port Walthall, is believed to be essentially necessary to 
the increasing business of this Port. Her expenses have been 
shewn annually in the reports to the Stockholders, and can be 
seen on reference to them. During the past winter, when the 
amount of business at Port Walthall was least, she was chartered 



to the Washington and Fredericksburg Steamboat Co. for $500 
per month. It was thought by the Board of Directors to be a 
judicious arrangement to save the expense of her crew, and receive 
$500 per montli for her at the season when she is least occupied, 
and have her returned by the commencement of the shipping 
season. 

By tlie arrangement between the Richmond and Petersburg 
Rail Road Co. and the Norfolk and Port Walthall Steamboat As- 
sociation, the Richmond and Petersburg Rail Road Co. receives 
one-fourth of the whole receipts for travel and freight between 
Norfolk and Richmond and Petersburg, the receipts for any travel 
going through from Norfolk to the District of Columbia accrue 
entirely to the Steamboat Association, for the period of two years, 
after which they are to be divided between the Steamboat Asso- 
ciation and the Rail Road Companies, either in the ratio of the 
local fares, or as a disinterested umpire or umpires, chosen by the 
parties, may determine. 

The alleged refusal of this Company to carry the mail to Peters- 
burg in the accommodation train, when arriving too late for the 
mail train, is as far as the Board of Directors have been able to 
ascertain, entirely loithout fowidation. The Company has always 
taken over the mail in the accommodation train when it failed to 
arrive in time for the mail train, if applied to lor that purpose — 
and in many instances, when interrupted by snow, &c. have noti- 
fied the Post Master here, of the first opportunity by which the 
mail could be sent. The Company did refuse to carry a daily or 
tri-weekly mail between Richmond and Petersburg, in addition to 
the regular mail, without some remuneration from the Post Office 
Department, and it may be this which has led to the above erro- 
neous impression. 

With regard to the purchase of "an old engine and cars from 
the Richmond and Fredericksburg Co. (doubtless on credit)." 
This Company have purchased no engine from the Richmond 
and Fredericksburg, nor from any other company. When the 
transportation of coal over the Clover Hill Road was commenced, 
much difficulty was experienced in furnishing cars as fast as they 
were required, and twenty were built in the shops of the Rich- 
mond, Fredericksburg and Potomac Company, lor which they 
furnished the materials also — $172 50 each was paid for these 
cars, and the price for them was fixed by the President of this 
Company and Mr. Thomas Sharp, Superintendent of the Rich- 
mond, Fredericksburg and Potomac Rail Road Company, not on 
credit^ for the cash has been paid for them. 

As relates to the line between Petersburg and Richmond via 
City Point Rail Road and James River, from the competition of 
which, some apprehension is expressed, the Board are confident 
that so far from being an injury, it will prove if continued, a bene- 
fit to this Company. It cannot be believed for a moment that any 
person having to pass between Richmond and Petersburg on 
business, would devote from four to five hours, and travel sixty 
miles — when he could accomplish the same object by travelling 
twenty-two and a hah' miles in from one and a half to two hours, 



8 

for the small saving which can be effected even at the present 
low rate of fare by the river route. Some persons are induced to 
take this trip for a pleasure excursion, but they almost invaria- 
bly return by the Richmond and Petersburg Rail Road, and while 
the boat line incurs the expense of furnishing meals, &c. this Com- 
pany reaps the profit of the trip. 

The above, it is believed, answers all the questions contained in 
the Communication first referred to. In conclusion, the Board of 
Directors would respectfully suggest to the gentlemen whose 
names are attached to this Communication, that it would save 
much trouble, and be more satisfactory to all parties, for them to 
apply for any information which they may desire in I'uture to the 
President and Directors, who will at all times cheerfully give such 
information. 

Signed by dircetion and ou behalf of the Board. 

WIRT ROBINSON, PresH. 

June IZth, 1846. 



PROCEEDINGS 



OP 



THE STOCKHOLDERS 



IN THE 



RICHMOND AND PETERSBURG 

RAIL ROAD COMPANY, 

AT 

THEIR GENERAL MEETINGS, 

AND 

REPORTS 

MADE BY THE PRESIDENT AND DIRECTORS 

TO 

THE STOCKHOLDERS. 

TWELFTH MEETING, JUNE 1st, 1847. 



RICHMOND: 

r. D, BERNARD, PRINTER, OPPOSITE EXCHANOE BANX. 

1847. 



TWELFTH 
MEETING OF THE STOCKHOLDERS^ 

He^d pji Tuesday, 1st June, 1847. 



At a meeting of Stockholders of the Richmond and Peters- 
burg Rail Road Company at the office of the Company in Rich- 
mond, on Tuesday, 1st June, 1847, 

Judge John F. May was appointed Chairman of the meeting, 
and John Williams Secretary. 

There being present in person and by proxy private Stockhol- 
ders entitled to 860 votes, and the proxy of the Board of Public 
Works, Mr. James Lyons, entitled to 394 votes, being in all 1254, 
(the whole number that could be given being 1609,) the meeting 
proceeded to business. 

The following report was presented by the President and Di- 
rectors, and read ; 

ANNUAL REPORT. 

The Board of Directors of the Richmond and Petersburg Rail 
Road Company, respectfully transmit to the stockholders their 
Annual Report of the condition of the affairs of the Company, 
and are pleased at being able to show a continued increase in 
their receipts. 

It will be seen from the Treasurer's statement herewith submit- 
ted, that the income for the past year amounts to $96,310 29, an 
increase of $17,442 22 over that of the previous year, and of 
$37,100 69 over that of the year ending 30th April, 1845. 

The above increase in the income of the Company, is princi- 
pally from the Port Walthall and Clover Hill branches, the re- 
ceipts from through travel being less than they were from that 
source the previous year. 

It will be gratifying to the stockholders to see that this Com- 
pany have other and valuable sources of income in addition to 
those which were looked to at the time of its organization. It 
was then thought that the through travel was an object of such 
value as to justify the continued efforts of all the companies in 
extending the rail roads south of the Roanoke, and in other mea- 



sures calculated to increase and retain it on the inland route. It 
is obvious, however, that it cannot be to the interest of the com- 
panies on the great Mail Route, betvi^een Petersburg and Balti- 
more, to unite in such efforts, while it continues the policy of the 
Petersburg Rail Road Company to encourage a competing line 
between Petersburg and Baltimore. As a matter of course, there 
will be no increase of through travel on the rail roads forming 
the great Mail Route, whilst this state of things continues. It is 
to be hoped that the discovery will be made ere it be too late, that 
this travel can only be enlarged, or even retained as it is, by its 
being the common interest of all the companies on the great Mail 
Route, to co-operate for this object, and that the effect of an op- 
posite course will be to divert it almost entirely to the sea or the 
Mississippi. 

The transportation expenses for the year, including the steamer 
Chesapeake, amount to $58,277 91, leaving a profit of $38,032 
38. Of this amount a considerable sum has been expended in 
completing the flooring of James River bridge, and in cars and 
motive power for the coal trade, which now forms a very impor- 
tant part of the business of the road. In addition, it has been 
necessary to lay down side tracks at different points on the road, 
to extend the tracks and trusswork at Port Walthall, &c. which 
will account in a great measure for the expense under the head 
of rail road repairs. The amount expended for new machinery 
put on the road, reflooring of James River bridge, &c. will be 
seen in the accompanying statement of extraordinary expenses, 
and the statement of cars and engines will show the increase in 
their number since the last report. 

The Norfolk and Port Walthall Steamboat Association have 
kept up their line between Norfolk and Port Walthall throughout 
the year, and now carry a large proportion of the travel between 
Norfolk and Richmond and Petersburg. The competition which 
still exists between this Association and the old James River line, 
has so far kept the fare at a low rate ; the amount received by 
this Company for its proportion of fare and freight ($2,863 15) 
is more than sufficient to pay the extra expense of running the 
trains required for the line. The mail contract between Rich- 
mond and Norfolk has lately been allotted to this line, which may 
now be considered as permanently established. Of course as its 
whole receipts increase, the revenue of this Company from it will 
increase proportionally. 

The accompanying statements, which present to the stockhold- 
ers a full view of the aflairs of the Company, are herewith re- 
spectfully submitted. 

Signed on behalf of the Board. 

WIRT ROBINSON, President. 



Whereupon the said report, and the documents therein referred 
to, were received, approved, and ordered to be recorded. 

The following report of the Examining Committee was then 
read by Mr. Thomas H. Ellis : 

The Annual Committee of Examination beg leave to report, 
That in ascertaining "the condition of the several improve- 
ments of the Company," they have twice examined the shops and 
other improvements around the depot in this cify, and have once 
passed over the road as far as Port Walthall. It is within the 
knowledge of your committee, that since the last general meeting 
■of the stockholders various changes have been made, both in and 
around the depot and along the road, which your committee 
think have given additional value to these improvements. They 
find that a new track has been made running into the wood yard 
adjoining the depot ; that a substantial new plank floor has been 
laid along the old coal track in the same yard ; that the yard itself 
has been well enclosed ; and that a new bridge has been built 
over the canal which intervenes between the depot and the yard. 
In front of the depot, they find a new pavement of stone and the 
old tracks renewed in a manner to give much additional comfort 
to the operations there ; also, a new pivot for turning the cars. 
The depot yard and the shops have been drained by a culvert ; 
which your committee regard as a measure very highly impor- 
tant to the health of the operatives and the neighbourhood, since 
it would seem to be undeniable that the extreme sickness of the 
last Fall here, was in no small degree to be attributed to the 
leakage from the engines and to the rain which soon bccai"ne fo'dl 
when standing in the old undrained pivot pits and underground 
recesses. The alteration and repairs of the bridge across the 
James River are now completed ; the bridge was narrowed its 
entire length and thereby considerably lightened; the track across 
the bridge has been straightened and reiaid with a heavy T rail 
upon cypress sills, and the floor new constructed so as effectually to 
prevent leakage. New side tracks have been constructed, as turn- 
outs, and ditches cut at several points along the road ; houses for 
the accommodation of negroes in the employment of the Com- 
pany have also been constructed along the road, and a new wa- 
ter station in the place of that formerly burnt. The road your 
committee believe to be in better condition than it has been for 
years past. 

It is gratifying to be informed, as we have been by the Super- 
intendent of Transportation, that during the past year the mail 
train passing over the road has not missed a single "connexion" 
or lost a trip, in consequence of defect in machinery or road, and 
that no accident has occurred except the breaking of one crank- 



6 

fixle which resulted in no injury to person. Such is the press of 
transportation, that trains are at this time running d&y and night. 
The tobacco and the coal trade have particularly increased. 

Your committee have examined the shops, engines, machinery 
and stock of material on hand ; all of which appear to them to 
be in excellent order. There are in all 8 eight-wheel engines, 
seven of them in running order, and the eighth being rebuilt ; 6 
eight- wheel passenger cars, five of them in running order, and 
the sixth rebuilding with improvements, and one now building, 
entirely new, intended to be in the style of the best northern cars; 
1 four-wheel passenger car; 2 eight-wheel baggage cars ; 2 four- 
wheel baggage cars ; 20 eight-wheel freight cars, and 107 coal 
cars, all in order and all on the road. There are engaged in the 
shops and offices at the depot, exclusive of the salaried officers, 
about twenty-four white employees at wages of from 75 cents 
per day to $1 75 cents per day, and about twenty blacks, who 
are hired by the j'ear, at a hire not exceeding $80 each. It is 
represented to your committee that a room for the accommodation 
of some of these blacks, about twelve in number, in their sleep- 
ing and cooking, is important, not only to the convenience but the 
security of the depot, — and we accordingly recommend that pro- 
per measures be taken for furnishing such a room. A new roof 
will also be necessary for the shed running from the depot to the 
machine shop, and some enlargement of that shed, perhaps by 
doubling it, in order to give better accommodation both to the car- 
penters and the machinists. 

In inquiring into "the manner in which the books of the Com- 
pany are kept, and the situation of its financial concerns," your 
committee have gone partially through the books, and to some 
extent verified them by the proper checks in the case, but it would 
be impossible without great labor, and more time than your com- 
mittee could give to such an object, to make this examination 
thorough. The books, however, appear to be systematically as 
they are certainly very neatly kept, — they are journalized and 
posted to the 1st of May, 1847, — and the balance sheet prepared 
up to that day, which will accompany the President's report, is 
in rule with the books. 

In conclusion, your committee beg leave to express their satis- 
faction at the order and efficiency which seem to them now to 
pervade the organization of the Company. 
Respectfully submitted, 

Nicholas Mills, 
Thomas H. Ellis, 
Jacob F. B.\rns, 
Bi.cfiMONn, May 31st, 1847. 



Whereupon the said report was received, alid the nieetiug ex- 
pressed their especial approbation of the manner in which the 
committee had performed their duties. 

The same committee, viz : Messrs. Nicholas Mills, Thomas 
H. Ellis and Jacob F. Barns, were re-appointed, wiih authority 
to appoint a clerk if they think it necessary so to do. 

The meeting then proceeded to the election of officers : where- 
upon, 

Mr. Wirt Robinson was unanimously elected President of the 
Company, and Mr. Richard Barton Haxall Vice President. 

Mr. Richard Barton Haxall, Judge John F. May, and Doct, 
Charles S. Mills, were unanimously appointed Directors on be- 
half of the stockholders. 

Messrs. Charles Ellis and Flolden Rhodes were announced to 
have been appointed by the Board of Public Works, Directors on 
behalf of the State. 

Resolved, That the President and Directors take such mea- 
sures in regard to publishing their report, and the proceedings of 
this meeting, as shall seem to them expedient. 

The meeting then adjourned. 

J. F. MAY, ChairmuK 

Jno. Williams, Secretary, 



CASH ACCOUNt. 

Richmond and Pkterseurg Rail Road Company 

In account toith John Williams, Treasurer. 

1847. May 1. 

Cr. By balance bro't from last year's account, 
By amount of cash receipts from trans- 
portation during the year, 
By freight received on produce and goods 
on other roads, - . - . . 
By proceeds of Company's Bonds, - 



t)r. To amount of temporary loans from Banks 
and others on transportation account, 
paid during the year, . . . . 

To amount of notes and bonds, do. do. 

To amount of expenses paid on transpor- 
tation account, including interest, - 

To freight paid on produce and goods on 
other roads, 30,903 31 

"I'd amount of loans on constru''- 
tion ac'nt, paid during the year, 2,900 00 

To amount of interest, do. do. 3,875 03 

To amount of disbursements, do. 177 76 

6,95;i 79 



Dr. 


Cr, 




S6,290 10 




93,078 01 




30,364 01 
3,059 41 




$132,791 53 


SI ,751 26 
46,073 21 




41,292 21 





126,972 78 



Balance on hand, .... $5,818 75 

jRichmond, 1st Mai/, 1847. 

John WILLIAiMS, Treasurer. 



10 

STATEMENT oj the affairs of the Rickmond and Petersburg Rail 

Cost of Road avd Property. 

From Richmond to Petersburg, including in- 
terest, S877,484 48 

Branch Road to Port Walthall, purchase of 
land at Do., wharves, coal tracks, and cost 
of cars, &c. 41,794 09' 

Steamer Chesapeake, ----- 6,695 00 

$925,973 57 

Debts due to the Company. 

By individuals on Stock, . - - . 2,960 55 
Company's stock transferred for arrears of in- 
stalments, 2,765 51 

Open accounts, 3,647 72 

9,373 78 

Certificate of debt received in exchange for Company's 

bonds, 4,100 00 

Cash on hand, 5,818 75 



S945,266 10 



11 

Road Company frovi the commencement of the work to the \st of May, 1847. 

Capital Stock. 
Subscribed by individuals, 3,000 shares, $300,000 00 

Do. by the Siate, old stock, 2,000 shares, 200,000 00 
new " 1,856 " 185,600 00 

S685,600 00 

Debts due by the Company of a permanent nature. 
Bonds due in London in 1853, £ stg. 12,300 at par, 54,666 67 
Bonds due in Richmond in 1850, at par, - 40,000 00 

94,666 67 

Dividends credited to private stockholders out of 

profits of transportation, - - - - 23,942 71 
Dividends due to the State to 1st January, 1847, 16,704 00 

40,646 71 

Debts due by Bonds, Notes and Open Aeuunts. 

Bonds, - - 10,240 88 

Notes, 28,186 05 

Open accounts, -..-.. 6,275 90 

44,702 83 

Profit and Loss. 
Receipts from transportation since the com- 
mencement, 601,741 32 

Deduct expenses of transportation, in- 
terest, dividends paid to the State, 
and cost of relaying the road, - 481,444 72 
And deduct the above dividends c re- 
dited to the stockholders, and due 
to the State, . - - - 40,646 71 

522,091 43 

79,649 89 

$945,266 10 

Richmond, 1st May, 1847. 

JOHN WILLIAMS, Treasurer. 



12 



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13 



STATEMENT OF TRANSPORTATION EXPENSES, 

From 1st May, 1846, to 1st May, 1847. 



Repairs of Rail Road, $12,488 95 

Repairs of Engines and Cars, l'J,830 48 

Train Expenses, including Clover Hili Expenses, - - 12,829 80 

Depot Expenses, 5,797 97 

Repairs of Bridges, 996 72 

Transportation of Passengers, Mail and Baggage in Rich- 
mond and Petersburg, 1,028 38 

Officers' Salaries, 4,300 00 

Postages, 59 40 

Train Losses and Damages, 306 21 

Newspapers, Advertising and Printing, - - - . 349 85 

Contingent Expenses and Insurance against fire, - - 1,613 89 

Branch Road Expenses, ..-.-.- 2,528 99 

Repairs of Depots, -- 1,585 12 

Office Expenses, 181 59 

Amount of Transportation Expenses, - - - $56,897 35 

Expenses of Steamer Chesapeake, ----- i,42l 81 

$58,319 16 



14 



STATEMENT OF EXTRAORDINARY EXPENSES, 
From 1st May, 1846, to 1st May, 1847. 



New Coal Cars and Passenger Coach built in Company's 

shops, S6,476 00 

New eight wheel Passenger Car purchased, - - . 1,077 00 

New Locomotive Engine and Tender, .... 6,798 65 

Reflooring James River Bridge, ..... 5,795 07 

S20,146 72 



STATEMENT of Cars and EngtTies now in use on the Richvumd and 
Peter^rg Rail Rand. 



8 Locomotive Engines and Tenders. 
20 eight wheeled Freight Cars. 
11 four wheeled do. do. 
107 four wheeled Coal Cars, 
6 eight wheeled Passenger Cars. 

1 four wheeled do. do. 

2 eight wheeled Baggage Cars. 
2 four wheeled do. do, 



PROCEEDINGS 

or 

THE STOCKHOLDERS 

IN THE 

RICHMOND AND PETERSBURG 

RAIL ROAD COMPANY, 

AT 

THEIR GENERAL MEETINGS, 

AND 

REPORTS 

MADE BY THE PRESIDENT AND DIRECTORS 

TO 

THE STOCKHOLDERS. 

THIRTEENTH MEETING, MAY 30th, 1848. 

RICHMOND: 

P. D, Bernard, Printer, opposite the Exchange Bank. 
1848. 



THIRTEENTH 
MEETING OF THE STOCKHOLDERS, 

Held on Tuesday, May 30th, 1848. 



At a meeting of Stockholders of the Richmond and Peters- 
burg Rail Road Company, at the office of the Company in Rich- 
mond, on Tuesday, 30th May, 1848, 

Judge John F. May was appointed Chairitian of tlie meeting, 
and John Williams Secretary. 

There being present, in person and by proxy, private Stock- 
holders entitled to 908 votes, and the proxy of the Board of Public 
Works, Mr. James Lyons, entitled to 394 votes, being in all 1302, 
(the whole number that could be given being 1603,) the meeting 
proceeded to business. 

The following report was presented by the President and Di- 
rectors, and read : 

ANNUAL REPORT. 

The Board of Directors of the Richmond and Petersburg Rail 
Road Company respectfully submit to the Stockhclders their 
Annual Report with the accompanying statements, from which it 
will be seen that the business of the Company, in nearly all of its 
branches, and particularly in the transportation of coal and other 
freights to Port Walthall, continues to increase. 

Since the last annual meeting of the Stockholders, many addi- 
tions and improvements have been made, which add materially to 
the value of the property of the Company, and to the facility of 
accommodating the increasing business of the road. 

A new six wheeled engine has been purchased, and fourteen 
new coal cars have been added to the number then reported; a 
dwelling house has been built at Port Walthall, which, in conse- 
quence of the absence of all accommodation for the hands and 
agent there, was indispensably necessary ; a side track of nine 
hun Ired feet in length has been laid down at the 8 mile post 
from Richmond, and a large and convenient carpenter shop built 
on the Company's property here, for the want of which, great in- 
convenience and risk have heretofore been incurred; the stock 
(Of materials fo:- both road and shop repairs, and of wood, has also 



18 

been greatly increased, as will be seen by statement of materials 
on hand. 

At the close of the past year, a communication was received 
from the Clover Hill Rail Road Company, stating that they ex- 
pected a considerable increase in the amount of coal sent from 
that region, and asking a reduction in the charge made by this 
Company for its transportation. After several interviews between 
the President of the Clover Hill Rail Road Company and the 
Board of Directors, a contract between the companies was entered 
into for three years from the Isi of January last, a copy of which 
is herewith submitted. 

At the letting of mail contracts in July last, a bid was made by 
this Company for the transportation of the Northern and South- 
ern Mail at the price heretofore received for that service, and ac- 
cepted by the Department ; but in consequence of a disagreement 
between the Post Master General and tiie Richmond, Fredericks- 
burg and Potomac Rail Road Company, and the Washington 
and Fredericksburg Steamboat Company, which resulted in the 
transfer of the mails to the Bay Route, notice was received early 
in November, that on or before the 10th of December, the Northern 
and Southern Mail would be transferred from this route, and from 
the time of the transfer the Department could only allow one 
hundred dollars per mile for daily transportation of the way mail. 
The Board of Directors did not think it adviseable to accept ti,e 
service on these terms, and notified the Department to that eft'ect, 
at the same time agreeing to carry it, as before, until the Post 
Master General could make his arrangements for carrying it 
otherwise ; this was not done until the 12th of April last, when it 
was taken from the Rail Road, and is now transported over the 
turnpikes between Richmond and Petersburg. 

Application was made to the Legislature at its last session for 
the passage of a law, placing the stock held by the Common- 
wealth in this Company on the same footing in regard to divi- 
dends, with all other stock, for authority to create new stock at a 
reduced valuation, and to authorize the Board of Public Works, 
if they should deem it to the interest of the Commonwealth, to 
convert the debt due from this Company to the State, into slock 
at such reduced valuation. This application was made under the 
belief that, if granted, it would enable the Company to create, and 
dispose of such amount of new stock, as would be requisite to pay 
off their floating debt, and cnmmence the payment of dividends to 
the Stockholders. The Board regret that the bill as passed by 
the Legislature, and which is herewith submitted, would not pro- 
bably enable the Company to effect this object. 

A communication from the Board of Public Works is herewith 
submitted for the consideration of the Stockholders. 

Signed on behalf of the Board, 

WIRT ROBINSON, President. 

Whereupon the said report, and thu documents therein referred 
to, were received, approved, and ordered to be recorded. 



19 

On motion of Mr. Francis E. Rives, 

Resolved, That a committee of five be appointed to confer with 
the Richmond and Danville Rail Road Company upon the policy 
of their adopting the road of this Company as a part of their line, 
either by the purchase of the road of this Company, or by the 
purchase of such a part of the stock as would carry with it the 
control of this Company by the Richmond and Danville Com- 
pany, or on ^ome other terms; and that ilie President and Direc- 
tors be authorized to call a meeting of the Stockholders of this 
Compasiy in the event of an arrangement with the Richmond and 
Danville Rail Road Company appearing feasible on any basis 
which the Committee can recon\mend. 

The following srentlemen were appointed the said committee: 
Messrs. Francis E. Rives, Wirt Robinson, Jaquelin B. Harvie, 
Robert B. Boiling and Charles Ellis. 

A letter from the Second Auditor to the President of the Com- 
pany was read, stating that on the 2d May, 1818, the Board of 
Public Works had appointed Messrs. Charles Ellis and Holden 
Rhodes, Directors, and that on the 12th May, 1848, the same 
Board had appointed Mr. Nathaniel M. Martin a Director of the 
Company. 

The meeting then proceeded to the election of officers, where- 
upon Mr. Wirt Robinson was unanimously elected President of 
the Company, and Mr. Richcird Barton Haxall Vice President, 
and Director on the part ol'ti.e Stockholders. 

Dr. Charles S. Mills was also elected a Director on the part of 
the Stockholders. 

On motion of Mr. Conway Robinson, 

Resolved, That the President take the opinion of counsel upon 
the question whether the ])rivate Stockholders are entitled to ap- 
point a third Director; and that this meeting will now appoint a 
third Director to act if liis appointment be legal. 

Judge John F. May was then elected Director on tlie part of 
the Stockholders. 

Messrs. Thomas H. Ellis, James Bosher and Jacob F. Barns, 
were appointed the Committee of Examination, with leave to 
ap; oint a clerk. 

Resolved, That the President and Directors take such measures 
in regard to publishing their report, and the proceedings of this 
meeting, as shall seem to them expedient. 

The meeting then adjourned. 

J. F. MAY, Chairman. 

John Williams, Secretary. 



21 



CASH ACCOUNT. 

Richmond and Petersbdrg Rail Road Company 

In account with John Williams, Treasurer. 

1848. May 1. Dr. Or. 

Cr. By balance brought from last year's 

account, $5,818 75 

By amount of cnsh receipts from trans- 
portation during the year, _ . - 117,364 90 

By freight received on produce and 

goods on other roads, - - - - 27,128 83 

By proceeds of Company's bonds, - - 1,170 00 

$151,482 48 

Dr. To amount of temporary loans on 
transportation account, paid du- 
ring the year, . _ - $4,050 00 

To amount of Coupon bonds paid du- 
ring the year, - - - 7,000 00 

To amount of notes and bonds paid 

during the year, - - 51,365 59 

To amount of interest on transporta- 
tion account, paid during the year, 2,917 88 

To amount of general expenses of 
transportation, paid during the 
year, . . . . 49,232 79 

To freight paid on produce and 

goods on other roads, - - 27,132 71 

To amount of loans on construction 

account, paid during the year, 1,250 00 

To amount of interest on construction 

account, paid during the year, 3,765 54 

To amount of disbursements on con- 
struction account, paid during the 
year, - - - - - 11 62 

146,726 13 



Balance on hand, - . - $4,756 35 

Richmond^ May Isi, 1848. 

JOHN WILLIAMS, Treasurer. 



22 

STATEMENT of the affairs of the Richmond and Petersburg Rail 



Cost of Road and Property. 

From Richmond to Petersburg, inclu- 
ding interest, . - - - $881,261 64 

Of Branch Road to Port Walthall, in- 
cluding purchase of land, wharves, 
coal tracks, cars, and steamer Ches- 
apeake, 48,489 09 

Debts due to the Company, 

By individuals on stock, _ - - 2,960 55 
This Company's stock taken for debt, 2,765 5 1 

Open accounts, ----- 4,733 97 

Certificate of debt received in exchange 

for Company's bonds, . - - 2,800 00 
Cash on hand, 4,756 35 



929,750 73 



$10,460 03 



$947,767 11 



23 

Road Company from the commencement of the icork to the \st of May, 1848. 

Capital Slock. 

Subscribed by individuals, 3,000 phares, $300,000 00 
Do. by the Slate, old stock, 

2,000 shares, .... - 200,000 00 

Subscribed by the State, new stock, 

1,856 shares, - - - . 185.600 00 



685,600 GO 



Debts due by the Company of apcrmannt nature. 

Bonds due in London in 1853, £ stg. 

12,300 at par, 54,666 67 

Bonds due in Richmond in 1850, - 33,000 00 

87,666 67 

Dividends due to the State, to Jan. 1, 

1848, 27,840 GO 

Debts due by Bonds, Notes and Open Accounts. 

Bonds, 1,385 26 

Notes, 29,276 32 

Open accounts, . - . . 8,714 51 

39,376 09 

Profits since the commencement of trans- 
portation, .... 107,284 35 

$947,767 11 

Richmond, May 1st, 1843. 

JOHN WILLIAMS, Treasurer. 



24 









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25 



STATEMENT OF TRANSPORTATION EXPENSES, 

Fram 1st May, 1847, to 1st May, 1848. 



Repairs of Rail Road, . _ . - - 

Repairs of Engines and Cars, . . . - 
Train Expenses, including Clover Hill Expenses, 
Depot Expenses, ------- 

Repairs of Bridges, ------ 

Transportation of Passengers, Mail and Baggage 

in Richmond and Petersburg, - - - 

Officers' Salaries, ------ 

Postages, Newspapers, Advertising and Printing, 
Train Losses and Damages, including Coal, 
Contingent Expenses and Insurance against fire, - 
Branch Road Expenses, . _ - - - 
Repairs of Depots, ._..-- 
Office Expenses, ------- 

Expenses of Steamer Chesapeake, . - - 
Repairs of Turnpike, ------ 



$19,310 36 


15,137 


12 


20,931 91 


6,924 92 


344 87 


1,594 23 


4,300 


00 


381 


26 


925 


65 


621 


79 


2,112 


78 


1,394 01 


151 70 


74,130 


60 


2,515 


51 


238 


11 


$76,884 22 



26 



STATEMENT OF EXTRAORDINARY EXPENSES, 

From 1st May, 1847, to 1st May, 1843. 



New Engine and Tender, 
Fourteen new Coal Cars, 
Agent's house at Port Walthall, 
Paving street in front of Depot, 
Foot-w!iy over James River Bridge, 
On account of New Carpenter Shop, 
Side track at Fuqua's, - - - 



$6,820 00 


3,500 00 


1,437 00 


240 89 


235 49 


197 72 


576 00 


$13,007 10 



STATEMENT of Cars and Engines now in use on the Richmond 
and Petersburg Rail Road. 



9 Locomotive Engines and Tenders. 
20 Eight wheeled Freight Cars. 
11 Four wheeled do. do. 
121 Four wheeled Coal Cars. 
6 Eight wheeled Passenger Cars. 

1 Four wheeled Passenger Car. 

2 Eight wheeled Baggage Cars. 
2 Four wheeled Baggage Cars. 



REPORT 



OF THE 



STATE DIRECTORS 



RICHMOND AND PETERSBURG 



RAILROAD COMPANY, 



REPORT 



To the F resident and Directors of the 

Board of Public WorTcs of Virginia. 

We, the directors on the part of the state in the Richmond 
and Petersburg raih-oad company, respectfully make the following 
report : 

On reference to the annual report of the directors of this company, 
it will be seen that it is in want of legislative aid ; and believing, as 
we do, that its preservation and usefulness depend in a great measure 
on the kind of action that may be taken by the legislature, we venture 
to suggest a plan, by which at the same time the stockholders may 
obtain some return on their outlay, and the public be better accommo- 
dated than at present. 

In the course of the ensuing year, $ 33,000 of its permanent debt 
will become due, and the question arises. Can they pay it? We feel 
confident that there is not the least hope of their doing so, as the re- 
ceipts from the road must be applied to the ordinary expenses attend- 
ing their business operations, and to the payment of interest. They 
cannot, we presume, borrow the money, as the state holds a mort- 
gage on their property — and it is well known that, in 1S53, their Eng- 
lish debt, amounting to $54,666, will also be due and payable. 

If, then, they cannot pa}^ the money, nor get the loan extended in 
consequence of a loss of credit, it becomes a matter of grave con- 
sideration for the general assembly to determine whether it will make 
another loan to it, endorse their bonds, sink the state mortgage, or suffer 
the company to be harassed by ci-editors, who may obtain judgments, 
and force a foreclosure of the mortgage. 

We humbly advise, that the state be put on an equality with the 
individual stockholders, as is the case with all other companies, (so far 
as relates to dividends,) and that the property, which is now on howd 
by mortgage, be released ; or, if more agreeable to the legislature, that 
an act be passed similar to the one concerning the Winchester and 
Potomac railroad. The latter plan we believe to be the most desirable, 
as by it the Winchester company recovered its credit, and is now not 
only paying the state an annuity, but also dividends to the individual 
stockholders. That compan}^ as well as the Richmond and Peters- 
burg company, commenced operations unfortunately in debt, and each 
borrowed of the state $ 150,000. The situation of the Winchester 



4 I 

and Potomac compan}^ was at one time considered so desperately 
bad, that the Baltimore and Ohio railroad company were authorized 
to buy it, (if we mistake not,) tor a very inconsiderable sum, provided 
they would keep it up lor the convenience of that community. Sub- 
sequently, however, the legislature passed an act for the relief of the 
private stockholders, who had never received any thing for their out- 
lay, and the loan and stock of the state were '■'■ comrmifcd'''' by sinking 
the stock and loan in consideration of the payment of $5000 annually. 
This gave spirit to the stockholders and credit to the company, which 
enabled them to have their debts funded, pa^'able twcnt}^ years after 
date. By being thus relieved, their zeal was increased; and by care, 
industry and economy, their road was put in good order, and is now, 
as we have said, paying the state its annuity, and good dividends to 
the individual stockholders. 

Similar results may he })roduced by the adoption of the same policy 
in regard to the Riclimond and Petersburg company, and we there- 
fore recommend it to your favorable consideration. 

This compjmy has been required to do more, and accordingly has 
paid a higher jjrice to acquire and maintain its corporate existence, 
than any company in the state. It was incorporated at a time when 
it was the policy of the state not to suffer one improvement to inter- 
fere injuriously with another, and their application for a charter was 
resisted by the Manchester and Petersburg turnpike company, on the 
ground that the proposed undertaking would draw from them a por- 
tion of their business. The consequence was, they were required to 
buy the stock of that company' at the sum of $22,170. Another diffi- 
culty beset them in the apprehension that was entertained that they 
might interfere injuriously with Mayo's bridge, and a provision was 
inserted in the charter inhibiting the construction of any bridge over 
James river other than a railroad bridge, unless with the consent of 
the proprietors of Mayo's bridge. Thus, the payment to the turnpike 
company and the construction of the railroad bridge across James 
river, cost them an amount equal to one-third of their capital stock ; 
when, if, like other companies, they had been untrammeled, they 
might have effected their object by the payment of one-fourth the 
amount they actual!}' did pay. But this is not all : — their charter re- 
quired them to construct a bridge across the Appomattox river, and 
to establish their depot on the south side thereof, as near to the 
depot of the Petersburg and Roanoke railroad " as may be," provided 
the voters of the town of Petersburg so resolve. The sense of the ( 
voters was taken and leave granted, but owing to the embarrassed j 
S1?ftte~of th(^ company, that re(|uirement of its charter has never been 
complied with and we fear never can be, unless some aid is extended 
towards it ; and we cannot feel that we have done our duty without 
adverting to still one other fact of this history of the hardships with 
which this company has struggled. Inmost of the joint stock com- i 
panics the stale has an interest, and whether it be little or much, she 
sinks or swims with them. If they make money, she divides with 
the private stockholders in proportion to her stock ; it" they make none, 



she requires none, with the single exception of this particular case. 
No matter how much this compan}^ may sink by .its operations, she 
still requires 3 per cent, on her stock ; and the company not being 
able to pay? of course the debt to the state is annually increasing. It 
may be replied to this, The company have no right to complain, having 
assented to this arrangement with their eyes open. Tliey did so, it is 
true, but under circumstances of pecuhar difficulty and deserving a 
lenient consideration. They were on the verge of bankruptcy, and, 
like other debtors, indulged the hope of soon extricating themselves 
from their difficulties. They deceived themselves, and we now pro- 
pose to throw them on the justice and wisdom of the legislature. We 
will not enumerate the cases in which the liberality of the legislature 
has been extended to companies, but content ourselves with sa3'ing 
they are numerous, and that our only object, in alluding to them here, 
is to shew that we do not ask for more than has been granted to others 
similarly situated. 

If our plan be adopted, we think it will be to the benefit of all con- 
cerned in the railroads between Wcldon and Baltimore. Within the 
last year or two, lines of steamboats have been established between 
New Orleans, Charleston, Baltimore, Philadelphia and New York, 
and the consequence is, that much of the long travel has been draw^n 
from our line of railroads, owing chiefly, many think, to the incon- 
venience to which passengers are subjected, on account of their bag- 
gage between Weldon and the city of Washington. To give popu- 
larit}'' to the inland route, it is absolutely necessary to have the roads 
connected in Petersburg and Richmond. With such connections, the 
through passenger might have his baggage locked up in a car at Wil- 
mington, and instead of having to look after it in Weldon, Petersl)urg 
and Richmond, as is now the case — and generally in the night time, 
too, in Petersburg — make his mind easy about it until he arrived in 
Washington. Besides this, there is a heavy loss of time to the pas- 
sengers, in both Richmond and Petersbuig, in getting from one depot 
to the other, which also, if not obviated, must in a short time caus.e 
the loss of nearly all the through travel. And again, besides the com- 
petition with the steamers already alluded to, if what w^e hear l)e true, 
there is still another competitor about to spring up between Weldon 
and Portsmouth, who will become powerful, unless we reduce the 
time between Weldon and Washington. 

The question now arises, Can this be done without the interposition 
of the legislature? We answer, No; but with the co-operation of the 
state, it may. Let the debt due to and the stock held by the state 
be sunk, provided the company pay an annuity to the state and con- 
struct the bridge across the Appomattox, so as to connect with the 
Petersburg and Roanoke road. And let it also be required, that, in 
further consideration of the surrender of the debt and stock on the 
terms aforesaid, the compan}"- shall likewise establish a more intimate 
connection with the Richmond and Fredericksburg road, in the city of 
Richmond, provided leave be obtained from the corporate authorities 
of said citv. 



6 

This will give the company credit, and they will be enabled not 
only to borrow money for the purpose of doing what may be required 
of them, but to have their present debt funded. The drooping spirits 
of the stockholders will be revived to more enterprize; the traveller 
will no longer risk the dangers of the sea, but return to the inland 
route, to the increase of our receipts ; and an improvement, which 
hitherto has given no return to the projectors of it, may in a few years 
give them an income, better accommodate the pubhc than heretofore, 
and advance the general prosperity of the state. 

FRANCIS E. RIVES, 
CHARLES ELLIS. 

November 17, 1849. 

The Appendix annexed will shew that the policy of the state has 
been to look more to affording facilities of intercourse than to dividends 
from her roads and canals. 



APPENDIX. 



The Cacapon and North Branch Turnjiike. 

Cost $30,000, and the company b;is let it out for the term of five 
years, to be kept in order for the tolls arising therefrom ; and in this 
the state acquiesces. 

City Point &allroad. 

Capital stock held by the state, - - . 60,000 

Loaned by the state, - - _ * ^ 50,000 



Exclusive of interest, - - - - $110,000 

The whole interest of the state was offei^ed to the old stockholders 
for the sum of $10,000, payable in three years, provided they would 
keep it up. They declined taking it ; and it was afterwards bought 
at public auction b}' the common hall of the town of Petersburg, at 
that sum. 

Cumocrland Gai) and Prlce^s Tiniqnke Road. 

Appropriation by the state, _ _ - _ $72,769 

B}^ act of legislature, to January 1846, it was given up to the 
counties through which it ran, in consideration of a pledge from them 
to keep it up. It is now a free road. 

Ohio River and Manjiand Road. 

Subscription and loan l>y the state, - - - $18,000 

Not complete. By act of January 13th, 1S4S, the road was ordered 
to be sold, and the Board of public works authorized to purchase and 
then to appropriate $ 15,000 towards the completion of it* 

Plt/yiilranlff, FraiiJdln and. Botcfovrt Tirnqn/ic, 

Subscribed by the slat.', - - - - $10,000 

"Farmed out lor llie lolls, to \ir kc^)i in order." 



8 

Rajjpaha nnock Nov'/ go t urn . 

Subscribed by the state, _ _ _ _ 45,000 

Loaned by the state, ----- 100,000 



Exclusive of interest, - . - _ $145,000 

By act of January 20lh, 1S45, "the stock held by the Board of 
public works to be surrendered to the company when the work shall 
have been completed by private subscriptions." 

Winchester and Potomac Railroad. 

Subscription by the state, - - _ - 120,000 

Loaned by the state, ----- 150,000 

Exclusive of interest, _ - _ _ $270,000 

By act of January 29th, lS4r, an annuity of $5,000 to be paid to 
the state in full com^^ensation for her stock and loan. 

The Portsmouth and Roanoke Railroad. 

Stock taken by the state, - - - - 256,650 

Loaned by the state, ----- 150,000 



Exclusive of interest, - _ . _ $406,650 



Sold to the trustees of the town of Portsmouth for $50,000; and by 
act of March 1849, given to them, provided they would re-construct 
the road. This was done, not with an e3^e to income, but with a 
knowledge that it would diminish the receipts on the Virginia roads to 
the north of Weldon, in all of which the state had stock. 



REPORT 



O F T H E 



PRESIDENT AND DIRECTORS 



OF THE 



RICHMOND AND PETERSBURG 



RAILROAD COMPANY, 



T O 



THE BOARD OF PUBLIC WORKS, 



OF THE 



STATE OF THE COMPANY, 



FOR 



THE YEAR ENDING SEPTEMBER 30, 1848 



RICHMOND: 

PRINTED BY SHEPHERD AND COLIN. 

1848. 



REPORT 



The board of directors of the Richmond and Petersburg railroad 
company respectfully submit the following report to the Board of pub- 
lic works, with statements shewing the condition of the affairs of the 
company on the 30th September last. 

It will be seen from their report to the stockholders at the annual 
meeting on the 30th May last, transmitted herewith, and to which they 
beg leave to refer as a part of this report, that the income of the com- 
pany, on its business generally, had experienced a marked increase, up 
to the 1st of that month, but since that date there has been a consi- 
derable falling off both in the travel and freights on the road, so that 
the whole income of the company for the year ending the 30th of Sep- 
tember last, reached only one hundred thousand eight hundred and 
forty-three dollars and thirty-nine cents, or was about three thousand 
dollars less than that of the previous year. 

From the " detailed statement of receipts for the year,'''' accompany- 
ing this report, it will be seen that of this income $54,153 25 only is 
derived from the freight and passenger business between Richmond 
and Petersburg, and the through travel, and that $42,912 04, or more 
than two fifths of the whole income, was derived from freight and pas- 
sengers, from the Clover Hill railroad and Port Walthall branch, thus 
shewing, large as have been the sacrifices oi the company to provide 
the means for the construction of the Branch road and the accommo- 
dation of the Clover Hill trade, that the objects were all important to 
the company, and that their attainment presented the only prospect of 
making the stock of the company a source of income either to the 
state or individual stockholders. 

The only difficulty which is now presented in the way of the com- 
pany paying regular dividends to all its stockholders, consists in the 
early periods at which all the liabilities of the company mature, and 
the circumstance of the whole property of the company being under 
mortgage to the commonwealth, conditioned for the payment, under 
any circumstances, of a dividend of three per cent, on the stock of 
the state. 



4 

So long as this mortgage exists, the board of directors apprehend 
that it will be found impracticable to postpone the payment of the 
debts of the company, due to individuals, as they mature, unless on 
most disadvantageous terms. This circumstance will make it neces- 
sary, often hereafter as hitherto, to use the current income of the com- 
pany for the payment of debts incurred on account of construction 
and motive power, and to carry on the business of the road, which 
should be always done as far as possible, with cash, by giving notes 
at short date. The board need not dwell on the disadvantages of such 
a position, on the extent to which it necessarily increases the annual 
current expenses, or on the circumstance that of any sacrifices occa- 
sioned by the embarrassed condition of the company, the common- 
wealth necessarily bears a proportion in the ratio of her interest in the 
company, or as four to three. 

In the last report to the Board of public works, the attention of the 
board was invited to this subject. The president and directors would 
again most respectfully solicit their earnest consideration of it. The 
fact that the state has surrendered for merely a nominal consideration 
her interest in other works, necessarily conflicting with this, seems to 
entitle her copartners in this work to her kind consideration. The 
board of directors entertain no doubt that a release of the state's mort- 
gage would at once place the business of the company on a much bet- 
ter footing, and enable it with more ease to pay a dividend of three 
per cent, to all the stockholders, than it now can one of three to the 
commonwealth only. It is in fact evident to them that a release of 
the mortgage of the state makes her really more instead of less secure 
of receiving dividends from the work ; that, on the other hand, if the 
state should continue to retain her mortgage on the road, she is herself 
making the principal sacrifice, and so far from securing more effectually 
the payment of dividends to the commonv/ealth, it may have the ef- 
fect of incapacitating the company from making dividends at all, either 
to the stale or individual stockholders. 

Signed by direction and on behalf of the board. 

WIRT ROBINSON. PresH. 
October 1, 1848. 



Statement of the affairs of the Richmond and Petersburg Railroad 
Company, from the commencement of the loork to the \st of Oc- 
tober 1848. 

Cost of Road and Property: 

From Richmond to Petersburg, - 883,308 49 

Of branch road to Port Walthall, in- 
cluding land, wharves, coal tracks, 
cars and steamer Chesapeake, - 48,489 09 

931,797 5S 



Carried forward, $931,797 56 



5 

Brought forward, 931,797 58 



Debts due to the Company 

By individuals on stock, - - 2,960 55 

This company's stock taken for debt, 2,765 51 

Open accounts, . - _ 3,038 06 



8,764 12 



Certificate of debt of Richmond, Frede- 
ricksburg and Potomac railroad com- 
pany received in exchange for com- 
pany's bonds, ----- 2,800 00 

Cash on hand, . - . . - 7,634 81 



$950,996 51 



Capital Stock: 

Subscribed by individuals 3000 shs., 300,000 00 
Do. by the state, old stock, 2000 

shares, - - 200,000 00 

Do. new do. 1856, do. 185,600 00 



Debts due by the Company of a per- 
manent nature : 

Bonds due in London in 1853, £ stg. 

at par, - - - 54,666 67 

Bonds due in Richmond, 1st July 1850, 33,000 00 



685,600 00 



87,666 67 

Dividendsduethestateto July 1, 1848, - - 33,408 00 

Debts due by Notes and open Accounts : 
Notes, - - . . 32,211 19 

Open accounts, . - _ 7,873 74 

40,084 93 



Profit since the commencement of transportation, 104,236 91 



$950,996 51 



JOHN WILLIAMS, Treasurer. 
Richmond, \st Oct. 1848. 



Statement of Receipts and Disbursements, iti the year ending 
30th September 1848. 

Receipts : 

Cash on hand 30th September 1847, - - 4,736 92 
Sales of part of certificate of debt of Richmond, Fre- 

der'burg and Potomac railroad company, gross amount, 1,300 00 

Debts due to the company, received - - 4,090 36 

Notes and open accounts, increased - - 935 37 



Carried forward, $11,062 65 



Brought forward, 

State dividends, . - _ . 

Transportation, received, - - _ 

Disbiirseinenis : 

Cost of road and property, increased 
Transportation — paid ordinary 

expenses, 69.214 00 
paid extr'dina- 

ry expenses, 20,324 67 



Do. 



Interest paid, . _ _ 

State dividends, _ _ _ 

Coupon bonds paid, due 1st Jan. 1849, 
Cash on hand 30th September 1848, 



4,004 88 



11,062 65 

11,136 00 

100,843 89 



89,538 67 
3,728 18 

11,136 00 
7,000 00 
7,634 81 



123,042 54 S 123,042 54 



Richmond, \st Oct. 1848. 



JOHN WILLIAMS, Treasurer. 



DETAILED STATEMENT 

Of Receipts, in the year ending 30//i September 1848. 























t 




13 
§ . 


"o« 


Hill 
and 
lane- 
eiglit. 




Months. 


15 






c £ 


"^ o '^ 




Totals. 




o 


^ 


<o 


2fa 


£00 


.ShS o 






J 


H 


Ut 


n 


b< 


o 




1847. 
















Oct'r, 


2,569 35 


876 66 


1,366 73 


904 17 


3,623 01 


156 80 


9,496 72 


Nov'r, 


1,939 76 


580 72 


1,221 76 


377 95 


3,144 07 


152 30 


7,416 56 


Dec'r, 


2,169 m 


601 73 


1,111 67 


11 87 


2,083 86 


110 48 


6,089 47 


lS4b. 
















Jan'y, 


2,126 51 


724 37 


1,125 05 


619 04 


1,574 80 


126 60 


6,296 37 


Feb'y, 


2,007 39 


884 07 


1,557 55 


1,276 88 


2,3.37 20 


212 56 


8,275 65 


March, 


2,062 80 


1,178 63 


1,513 84 


423 76 


3,275 20 


204 36 


8,663 59 


April, 


2,245 70 


800 18 


1,911 71 


184 77 


2,481 00 


307 77 


7,931 13 


May, 


1,919 28 


527 86 


2,069 45 


. 


2,598 80 


244 47 


7,359 86 


June, 


2,545 89 


417 20 


1,655 06 


- 


1,368 30 


168 29 


6,154 74 


July, 


2,179 37 


520 52 


1,416 79 


2 00 


1,604 20 


257 78 


5,980 66 


Aug't, 


2,176 71 


958 77 


2,165 39 


1,897 28 


2,831 20 


331 13 


10,360 48 


Sept'r, 


2,263 26 


1,398 38 


1,343 23 


729 78 


2,690 40 


255 16 


8,704 21 


26,225 88 


9,469 09 


18,458 23 


6,432 50 


29,616 04 


2,527 70 


92,729 44 
3,167 10 


Transportation of ma 


il, from 1st 


Oct. 1847, to 12th A 


pril 1848, il 


iclusive. 


Travel and freight, p 


er Norfolk 


and Walthall steamer 


s, - 


- 


4,335 83 


Tolls from passenger 


3 over Jam 


cs river bridge. 




847 01 




Less, expenses. 


- 


- 


■ 


235 49 


611 52 
















■r':i '■; .--■;") 



Richmond, \st October 1848. 



JOHN WILLIAMS, Treasurer. 



COMPARATIVE STATEMENT 

Of the Business of the Richmond and Petersburg Railroad Com- 
pany, the year ending 30th September 1847, loith the year end- 
ing 'SOth September 1848. 





1847. 


1848. 


In 1848. 1 


- 


Decre'seofDr. 


Increase of Dr. 








and 


and 








Increase of Cr. 


Decre'seofCr. 


Cash, . - . - 


4,736 92 


7,634 81 


. 


2,897 89 


Debts due to the company on stock 










and open account, 


12,854 48 


8,764 12 


4,090 36 




Cost of road and property, including 










$1819 13, added from the previ- 










ous year, ... 


877,484 48 


883,308 49 


. 


5,824 01 


Cost of branch road and property, - 


48,489 09 


48,489 09 






Certificate of debt of the Richmond, 










Fredericksburg and Potomac rail- 










road company, ... 

$ 
Capital stock. 


4,100 00 


2,800 00 


1,300 00 




947,664 97 


950,996 51 


685,600 00 


685,600 00 


Coupon bonds due in London, 


54,666 67 


54,666 67 






Do. do. Richmond, - 


40,000 00 


33,000 00 


. 


7,000 00 


Dividends due to the state. 


22,272 00 


33,408 00 


11,136 00 




Bonds, notes and open ac- 










counts, - - 44,752 47 










Off negro hire, included 










last year, now added to 










profit and loss, - 5,602 91 










., . . 


39,149 56 


40,084 93 


935 37 




Profit since the commencement of 










transportation. 


105,976 74 


104,236 91 


- 


1,739 83 


$ 


947,664 97 


950,996 51 


17,461 73 


17,461 73 



JOHN WILLIAMS, Treasurer. 



Richmond, \st October 1848. 



Statement of Freight Transported on the Richmond and Peters- 
burg Railroad, and the Branch Road to Port Walthall, in the 
year ending 30th September 1848. 



7,550 hhds. 

1,235 bales. 

72,888 barrels. 



Tobacco, - - _ 

btton, - - - 

Plonr, - - - 

>al, Clover Hill, - - 1,469,990 

by the Chesterfield railroad, 16,575 

1,486,565 bushels. 

groceries, dry goods, wood and miscellaneous freight, 
amounting to - - . ^ 10,283 35 



8 

Statement shewing the Number of Officers of the Richmond and 
Petersburg Railroad Company, and the Compensation of each. 

President, per annum, - $ 1,500 00 

Clerk and treasurer, do. - 1,500 00 

One clerk at Richmond depot, do. - 600 00 

One clerk at Petersburg depot, do. - 700 00 



REPORT 



RICHMOND AND PETERSBURG 



RAILROAD COMPANY, 



1849. 



RE PORT. 



The board of directors of the Richmond and Petersburg raih'oad 
company respectfully submit to the Board of pubhc works their an- 
nual statements, shewing the condition of the affairs of the company 
on the aOth September 1849. 

From these it will be seen that while the income of the company is 
but slightly increased over that of the previous year, there is a reduc- 
tion in the expenses of $ 15,456 2*2, in addition to which, the condition 
of the roadway and its accommodations for trade and travel, are ma- 
terially improved. 

Of the income of the past year, $44,074 44 have been received 
from travel and freight from the Clover Hill railroad and Port Walthall 
branch, being an increase of $1,162 40 from that soarce, while there 
appears to be a falling off in almost every other source. 

The report of the board of directors to the stockholders, at their 
annual meeting on the 29th May last, is herewith submitted as a part 
of this report. 

In their last two annual reports, the board of directors have asked 
the attention of the Board of public works to the condition of the af- 
fairs of this company, and begged of them some recommendation to 
the legislature, by which they might be relieved of their present in- 
debtedness, and hold out some prospect to the private stockholders of 
a return for an investment from which, so far, the commonwealth 
alone has received a benefit. They would again respectfully urge 
this subject to them. The state has actually received from this com- 
I pan}', in cash and bonds bearing interest, $66,816 during the last six 
^ years, while the individual stockholders have yet to receive the first 
1 cent. They would respectfully remind the Board of public works 
that the revenues and credit of this company have been impaired by 
the patronage of the state to other works necessarily conflicting with 
this, and impairing, to a considerable extent, its present and future in- 
come. Under these circumstances, they ask nodiing more of the 
st;ite than that she will place her stock on the footing of other stock, 
and release the property which is now bound by mortgage. 

If the legislature should not be willing to do this, they would then 
most respectfully suggest both the expediency and justice of reducing 
(as in the case of the Winchester and Potomac railroad company) the 
amount of the annuit}" required by the state. 

Signed on behalf of the board, 

WIRT ROBINSON, President. 



4 



-Statement of the affairs of the Richmond and Petersburg Railroad Com- 
imiiy from the commeiiccment of the work to the 1st of October 1849. 

Cost of road and property : 

From Richmond to Petersburg, - - 887,196 13 

Of branch road to Port Walthall, including 
purchase of land, wharves, coal tracks, 
cars, and steamer Chesapeake, - - 40,489 09 



Debts due to the company : 

B}^ individuals on stock, - - _ 2,960 55 

By stock purchase, _ _ . 2,765 51 

By bills receivable, _ _ _ 1,002 00 

By open accounts, - - - . 4,653 91 



935,685 22 



11,381 97 
Cash on hand, - - - . 2,881 45 



S 940,948 64 



Capital stock: 
Subscribed by individuals, 3,000 shares, - 300,000 00 
•Subscribed by the state, old stock, 2,000 

shares, ----- 200,000 00 
New stock, 1,856 shares, - - - 185,600 00 



685,600 00 



Debts due by the company of a permanent nature : 
Bonds due in London in 1853, ^12,300 

sterhng, at par, - - - - 54,666 67 

Bonds due in Richmond on 1st July 1850, - 33,000 00 

87,666 67 

Bonds due the state, - _ _ 33,408 00 

Debts due by notes and open accounts : 
Notes, - - - . _ 24,384 76 

Open accounts, - - - . i^gSS 09 

26,239 85 

Profit since the commencement of transpor- 
tation, ----- 117,034 12 



$949,948 64 



JNO. WILLIAMS, Treasurer. 
Richmond, 1st Oct. 1849. 



5 



Statement of Receipts and Disbursements in the year ending 30th Sep- 
tember 1849. 

Receipts : 
Cash on hand 30th Sept. 1848, - - - - 7,634 81 

Sales of part of certificate of debt of Richmond, Frede- 
ricksburg and Potomac railroad company, gross am't. 1,798 00 
Transportation received, _ _ _ _ ioi,159 52 

Disbursements; 
Cost of road and property increased, - 3,887 64 
Transportation expenses, - - - 74,082 45 
Interest paid, _ _ _ _ 3,143 86 
State dividends paid, - - - 11,136 00 
Notes and open accounts due by the com- 
pany decreased, - - - - 13,845 08 
Open accounts due to the company in- 
creased, ----- 1,615 85 
Cash on hand 30th September 1849, - 2,881 45 



; 110,592 33 110,592 33 



JNO. WILLIAMS, Treasurer. 
Richmond, 1st Oct. 1849. 



Detailed Statement of Receipts in the year ending 20th September 1849. 





i 


1 




•d 


o 


V 

£.5 To 




MONTHS. 


> 


^ 




V .3 


o o 


S.ife 






i 


to 




-= y 

^ G 


j:_ 




:J 




a 


J3 


•g 


u '"' 


■£- 


O 0! S 


o 




J 




'■^ 


M 


fc 


o 




1848. 
















October. 


2080 78 


971 25 


1092 17 


851 69 


3021 30 


118 02 


8135 21 


Noveiiil)er, - 


1863 30 


625 40 


865 87 


1439 93 


2886 30 


158 36 


7839 16 


December, - 


2557 85 


571 02 


867 75 


204 50 


2142 10 


84 74 


6427 96 


1849. 
















January, 


2402 89 


537 64 


853 42 


1691 01 


1197 00 


88 05 


6770 01 


February, 


2136 73 


880 33 


1436 08 


818 87 


2275 00 


86 05 


7633 06 


March, 


2452 16 


1476 96 


1426 45 


1081 83 


1975 9C 


195 75 


8609 05 


April, 
May, 


2282 13 


788 45 


14.52 42 


248 05 


2069 34 


112 67 


6953 06 


2295 33 


556 95 


2217 49 


87 00 


2479 90 


224 30 


7860 97 


June, 


Kifil 73 


399 27 


2370 00 


469 27 


2255 8C 


265 06 


7421 13 


July, 


15 J 9 62 


405 36 


1.507 70 


405 96 


2353 IC 


174 96 


6366 70 


August, 


1G73 74 


660 46 


1518 80 


1817 14 


3002 4( 


188 81 


8861 35 


September, - 


2317 6z 


1476 20 


1249 72 


702 18 


2593 Ki 


268 37 


8607 19 




$25243 8r 


9349 29 


16857 87 


9817 43 


28251 24 


1965 14 


91484 85 


Transpc 


rtaiion of i 


lail, - 


- 


- 


- 




- 5292 49 


Trayel a 


nd freiglit j. 


er Norfolis 


and Waltl 


lall steame 


r^) > 




- 4040 63 


Excess c 


i" receipts f 


rom steunie 


r Cliesape 


ake over d 


isbursements, 

$. 


- 341 55 




101.1.59 52 



Richmond, October 1st, 1849. 



JOHN WILLIAMS, TreasW. 



Statement of freight transported on the Richmond and Pctershirg railroad^ 
and the branch rond to Port Walthall, in the year ending 30th Septem- 
ber 1S49. 



Tobacco, _ _ _ 

Cotton, _ _ _ 

Flour, _ - _ 

Coal— Clover Hill, 

B}^ the Chesterfield railroad. 



1,412,562 

0,075 



8,653 hhds. 
1,929 bales. 
106,997 bbls. 



1,418,637 bush. 



Groceries, dry good.'^, wood and miscellaneous 
freight, nniounting to - - $7,626 17 

Statement shewing the niimhcr of ofjicers of the- Richmond and Peteislntro- 
railroad company, and the compensation nf each. 



President, per annum, - _ _ 

Clerk and treasurer, per anmmi. 
One clerk at Richmond de[)f)t, per annuin, 
One clerk at Petersburg depot, per annum, 



$1,500 00 

1,500 00 

600 00 

700 00 



Fourteenth Meeting of the StocMoldcrs, held on Tncsday, May ^dth, 1S49. 

At a meeting of stockholders of the Richmond and Petersburg rail* 
road company, at the office of the company in Richmond, on Tuesday, 
29th May, 18-19 : 

James Lyons, Esq., was appointed chairman of the meeting, and 
John Williams, secretary. 

There being present, in person and by proxy, private stockholders 
entitled to 686 votes, and the proxy of the Board of public works, 
James Lyons, Esq., entitled to 394 votes, being in all 1,080, (the 
whole number that could be given being 1,619,) the meeting proceeded 
to business. 

The following report was presented by the president and directors, 
and read : 

ANNUAL REPORT. 

The board of directors of the Richmond and Petersburg railroad 
company respectfully submit to the stockholders their annual report 
of the condition of the afiiiirs of the company. 

From the accompanying statements it will be seen that there is a 
falling oft" in the income of the past year, as compared with that of 
the previous year, of S 9,113 65* This, as shewn in the statement of 
income, is owing chiefly to the falling off' of receipts tor freight be^ 
tween Richmond and Petersburg, and the reduction in the amount of 
coal brought from the Clover Hill mines, occasioned by the depressed 
state of that business for some time past ; the falling off' in receipts 
from these two sources alone amounting to $9,249 33, or more than 
the whole deficiency of the year. There is some deficiency also in 
other sources of income, but that is more than made up by the in= 
creased income from freight and tra\'el over the Port Walthall branch, 
which, it will be perceived, exceeds that of the previous year more 
than $5,000. 

During the past year, a new locomotive engine and tender have 
been purchased, and a new passenger car and four new coal cars 
have been built in the company's shops, and there will probably be 
no occasion for much further outlay for new machinery for some 
years, unless the business oi' the road should increase greatly beyond 
present expectations. 

On the 4th of December last, the difference between the companies 
north of Richmond and the post-'oftice departmicnt, having been ad-* 
usted, the mail was restoi'ed to this company at the price formerly 
paid for the service. 

The period during which this company was allowed by the legis- 
lature to issue its bonds to the Board of public works in lieu of divi- 
dends in cash, expired on the 1st of July last, and on the 1st of 
January the payment of cash dividends to the state was resumed. 
Efforts were again made at the last session of the legislature, to get 
rid of the preference to the state which bears so heavily on the private 
stockholders, and to place the stock of the commonwealth on the same 



8 

footino', in regard to dividends, with all other stock, but although 
measures of relief were granted to other applicants, they were re- 
fused to this company. It is the intention of the board to continue 
their application, with the hope that the legislature will eventually 
grant that relief which would appear to be nothing more than an act 
of justice to the private stockholders in this company. 

At the last annual meeting of the stockholders, a letter from the 
second auditor to the president of this company was read, stating 
that " On the 2d of May 1S4S, the Board of public works had ap- 
pointed Messrs. Charles Ellis and Holden Rhodes, directors ; and on 
the 12th of INIay 1S4S, the same board had appointed Mr. Nathaniel M. 
Martin a director of this company ; whereupon it was resolved " that 
the president take the opinion of counsel upon the question whether 
the private stockholders are entitled to appoint a third director, and 
that this meeting will now appoint a third director, to act if his ap- 
pointment be legal." In accordance with this resolution, the opinion 
of John M. Patton, Esq., was taken, and being in favor of the right of 
the private stockholders to appoint a third director, Mr. Martin was noti- 
fied accordingly, and not admitted to a seat at the board. Some time 
subsequent to this decision, a communication was addressed by Mr. 
Martin to the Board of public works, complaining of the course of this 
company in not admitting him to a seat in the board, and making 
numerous charges against the officers and management of the road. 
It is to be regretted that the Board of public works, instead of inves- 
tigating these charges and giving to the officers of the company an 
opportunity of refuting them, transmitted the communication to the 
legislature, asking its attention to the representations contained in it- 
Copies of the communication of the Board of pubhc works, covering 
that of ;Mr. Martin, were afterwards printed at the expense of parties* 
having cvidentlv other objects in view than the interests of this com- 
pany, and industriously circulated among the stockholders of the 
company, both within the state and out of it. Under these circum- 
stances, a reply was deemed necessary, by the board of directors, to 
the communication of ]Mr. Martin, from which the stockholdej-s can 
judge how fir the charges made by him are sustained. The pamph- 
let containing the charges, and the reph* to them, and the usual state- 
ments relative to the affairs of the company, are herewith respectfully 
submitted. 

Signed by order and on behalf of the board, 

WIRT ROBINSON, President. 

^Vhereupo^ the said report, and the documents therein referred to, 
were recei\ed, approved and ordered to be recorded. 

The following report of the committee of examination was then read ' 
The committee of examination respectfully report, that they have 
recently examined the road between Richmond and Petersburg, and 
Port Walthall, and arc gratified to find a manifest improvement in its 
condition since their last annual examination. A large portion of the 
track has been re-laid on new sills and new rails, and in some positions 



9' 

where there was difficulty in properly draining the track, it has been 
raised so as to admit of a drier and more permanent road-way. The 
forest undergrowth throughout the whole line has been cut away and 
ditches cleaned out or newly made wherever necessary to turn the 
water advantageously. Side tracks of the aggregate length of nearly 
five miles have been made. The old timber along the road has been 
collected and deposited in sites convenient for its removal. The 
wharves and coal tracks at Port Walthall are all in working order, 
though some repairs will be necessary there before veiy long. A new 
flooring also will be necessar}' for the bridge over Swift creek. It 
seemed to your committee that more depot room, and repairs to the 
present depot buildings, at Petersburg, would be advisable, whenever 
the funds of the company will admit of an expenditure for that purpose. 
At the depot in Richmond the large and airy new carpenter's shop, 
referred to in the president's last annual report, has been completed. 
An important saving of manual labor ha^ been effected at the latter 
depot by substituting a large pivot, or turning platform, connected bv 
diverging tracks with the several entrances to the engine house and 
machine shops, for small platforms heretofore in use. By this ar- 
rangement the housing of an engine and tender, which formed}' 
required uncoupling and turning four times, is accomphshcd by the 
partial turning of a single platform and without the necessity of 
uncoupling the engine and tender. The machinery and cars, which 
have been carefully examined, are believed to be without exception in 
good order. There remain but about five miles of the road laid upon 
the plan known as the " riband road." That plan having been 
abandoned, as more costly and less durable than the original plan, the 
course pursued has been to retain the road thus made as long as i^ 
could be safely used without permanent lepairs, and when necessary 
to relay, to substitute it with the original track. Your committee are 
informed that in all probability the entire road will be re-laid accord- 
ing to the original plan by the next annual meeting. When this is 
done, they shall regard the Richmond and Petersburg railroad as in 
all respects well prepared to accommodate a largely increased freight 
and travel, with every prospect of enhanced value to the stockholders 
and of comfort and convenience to the community. It is a fact worthy 
of note, that no passenger in the passenger cars of this company has 
ever been injured, — and that since the establishment of the Port Wal- 
thall line, upwards of three years ago, the cars have never lost a trip 
or failed to connect with the steamboat at Port WakhalL 

All which is respectfully submitted, 

THOINfAS H. ELLIS, ) ^ 
JACOB F. BARNS, I ^<^^''^''- 

Richmond, Mtn/ 28, 1849. 

Whereupon the said report was received, approved and ordered to 
\i)e recorded. 

k 



10 

The meeting then proceeded to tlie election of officers, whereupon 
Mr. Wirt Robinson was unanimously elected president of the company. 

Mr. Richard Barton Haxall, Mr." Holdeu Rhodes and Dr. Charles 
S. Mills were unanimously elected directors on behalf of the stock- 
holders. 

Mr. Richard Barton Haxall was unanimously elected vice-president 
of the company. 

Messrs. Charles Ellis and Francis E. Rives were announced to have 
been apj)ointed by the Board of public works, directors on behalf of 
the state. 

Messrs. Thomas H. Ellis, James Bosher and Jacob F. Barns were 
appointed the committee of examination. 

Resolved, That the president and directors take such measures in 
regard to publishing their report, and the proceedings of this meeting, 
as shall seem to I hem expedient. 

On motion, the meeting then adjourned. 

JAMES LYONS, Chairma7i. 
John Williams, Secretary. 



12 



STATETMENT of the affairs of the Richmond and Peiershwrg Rail 



Cost of road and property: 
From Richmond to Petersburg, including interest, 
Of branch road to Port Walthall, including pur- 
chase of land, whanes, coal tracks, cars and 
steamer Chesapeake, . - - - 

Debts due to the company : 
By individiwils on stock, - - 

This company's stock taken for debt, 
Open accounts, . - - - - 

Certificate of debt received in exchange for com- 
pany's bonds, - . - - - 
Cash oaliaud,. - - - - 



$885,169 14 



48,489 09 



2,960 55 
2,765 51 
4,314 22 



$933,658 23- 



10,040 28 

2,800 00 
3,576 25 

$950,074 76 



13 

Road Company from the commencement of the work to the 1st of May 1849. 



Capital stock: 

Subscribed by individuals, 3,000 shares, - - . f 300,000 00 

Subscribed by the state, old stock, 2,000 shares, - 200,000 00 

new stock, 1,856 shares, - 185,600 00 



$685,600 00 



Debts due by the company of a permanent nature : 
Bonds due in London in 1853, £ stg. 12,300 at par, - 54,666 67 

Bonds due iu Richmond in 1850, - - - 33,000 00 

87,668 67 

Dividend bonds to the state, . - , . 33,408 00 

Debts due by notes and open accounts: 

Notes, 29,747 99 

Open accounts, ...... 6,412 07 

36,160 06 

Profit since the commencement of transportation, - 107,240 03 



$950,074 76 



Richmond, May 1st, 1849. -^^—i 

JOHN WILLIAMS, Treasurer. 



00 
00 

I— I 



g 

o 
u 

<: 



OB 






irs ic X w o CO CO o) J^ ;^ c; '" 

CO — C: r^ t^ — X TT t^ !:o CO C3 



r>-ooocococ>)cO'^iooio«-- 
c^ 1-1 c^ ro (>» r^ 1-1 i-i 1-1 



OGCOOCiCOOi-it^MlO 
C3-»l^OCiiOOOOXO 

QO^>aoTc^Jcc)CBO(^^ 



Cl O CT! iC so ^l O l^ CO «5 CO rN 
«l.O-H;C'3'SitOtOl.OTOO)V.O 
O',Srr"C0O00Q0Q0-^T)<Ti< 

C^ 1-1 r-1 (>> 1-1 « rli-lr-l 



'^^ to CC CO -fl" 
Ci 00 JO O) 



CO 

-91 



w 
o 

•-1 



i--i>.OQoao— ilOi-ii-occoo 
o}'^(Niooit^'>»t^Maot^ao i^ 

lO-^l005C0050lCOCX)Tj'l>. — 



H S ^' = 5 - s -=- 



^ _c _- 






*"* G 05 

O 4> 

'« S £ '^ 

£ CD 5 

C u a o 

o « o s 

rj > ^- « 

b k. o o 



;» 

^ 



15 



Statement of Transportation Expenses from May 1, 1848, to May 1, 1849. 



Repairs of railroad, _ - - - 

Repairs of engines and cars, - - - 

Train expenses, including Clover Hill expenses, 
Depot expenses, including watching of James 

bridge, _ _ _ - - 

Repairs of bridges, _ - - - 

Transportation of passengers, mail and baggage, 
Officers' salaries, _ _ - _ 

Postages, newspapers, advertising and printing, 
Train losses and damages, including coal. 
Contingent expenses and insurance against fire. 
Branch road expenses, _ _ _ 

Repairs of depots, _ _ _ - 

Office expenses, _ _ _ - 

Expenses of steamer Chesapeake, 



Extraordinary expenses : 
New carpenter's shop. 
New locomotive engine and tender, 
New passenger car, - 
Four new coal cars at $250 each, 



river 



25,198 30 
17,723 46 
13,022 17 

7,063 22 
6 80 

1,054 09 

4,300 00 
393 28 
374 40 
909 57 

1,274 60 

749 02 

95 93 

645 30 



2,460 
6,909 
1,800 
1,000 


$72,810 

75 
00 
00 
00 

1 •"* 160 


14 










$84,979 


89 



JOHN WILLIAMS, Treasurer. 



Richmond, May 1st, 1849. 



16 



Statement of receipts and dishursements within the year ending SOth 

April 1849. 

Receipts : 

Cash on hand SOth April 1848, - - - - 4,756 35 

Debts due to the company — received this sum, - - 419 75 

Liabihties of the company — increased this sum, - 2,351 97 

Transportation — received this sum, - _ _ 99,441 25 

Disbursements : 

Cost of road and property — increased this 

sum, ----- 3,907 50 

Transportation — expenses of transportation, 72,810 14 

Extraordinary expenses — new carpenter 
shop, new engine and tender, new pas- 
senger and coal cars, - - - 12,169 75 

Interest — interest and dividends paid the 

state, ----- 14,505 68 

Cash— on hand 30th April 1849, - - 3,576 25 



$106,969 32 106,969 32 

JOHN WILLIAMS, Treasurer. 
Richmond, 1st May 1849. 



[Doc. No. 10.] 603 



RICHMOND AND PETERSBURG RAILROAD COMPANY. 

Office Richmond and Petersburg Railroad 
Company, Richmu?id, January 9, 1849. 

To the General Assembly 

of the Commonwcallh of Virginia. 

A communication has been laid before you by the Board 
of public works, the object of which is to bring to your notice a com- 
munication addressed to them on the 2d October last by Nathaniel M. 
Martin, Esq., in relation to the affairs of the Richmond and Peters- 
burg railroad company, past, present and to come. 

The board of directors of this company are surprised at the novel 
course which the Board of public works have thought proper to pur- 
sue in asking the attention of the legislature to the representations of 
any person without enquiry into their correctness, and without afford- 
ing opportunity for disproof or explanation to the parties affected 
thereby; especially in a matter of great public interest, and still more 
where public and private interests, and character, may suffer injury 
from misrepresentation, not to be remedied by after correction. It is 
true, the Board of public works do not give their sanction to Mr. Mar- 
tin's complaints. But they could not fail to know that those com- 
plaints contain little of the least moment which does not purport to be 
extracted from the records of the board ; and they attach much less 
importance to their acts than justly belongs to them, or than is ac- 
corded to them by the world, if they imagine that others will not con- 
sider them, however different may have been their intention, as pro- 
posing for censure the subjects of complaint which they propose for 
enquiry, the means of enquiry being in their own hands, and the com- 
plaints peculiarly affecting their own agents. Moreover, the sagacity 
of the Board of public works can hardly fail to have discovered that 
the complaints of Mr. Martin were not those of one particularly well 
affected towards the interests of this company. Obviously they are 
the complaints of a fault-finder ; and not that only, but of one who 
has other motives and objects than such as pertain to the public inte- 
rest, or the interests of this company. We have not enquired, nor 
shall we descend to enquire, into the private interests or connections of 
Mr. Martin. But it is manifest that his complaints have been prompt- 
ed, in a great degree, by those influences of personal and local ani- 
mosity and jealousy, which for some years past have been operating 
to the prejudice of the railroad line north of Petersburg; and the aim 
of which has been to divert the through travel to the river and bay 
line, in which the state has no interest, from the railroad line, in which 
it has a very large investment. We feel no little surprise that the 
Board of public works, the peculiar guardians of the interest of the 
state in that investment, and who have heretofore expressed very great, 
and beyond doubt very sincere solicitude in its behalf, should have lis- 
tened so easily to suggestions made against it from such a quarter. 
We beg leave further to state, as facts which belong to the history of 
78 



604 [Doc. No. 10.] 

this proceeding, that on the 2d of May 1848, the Board of public 
works appointed two directors of this company, being the number it 
had always previously appointed, and the directors so appointed being 
the same as had been in office under a like appointment many years. 
On the 3d May 1848, Mr. Martin became a stockholder in the com- 
pany, and on the 12th May 1848, was appointed a director by the 
Board of public works. At the annual meeting of the company soon 
after, the validity of his appointment became a necessary and very im- 
portant question, involving no less than whether the affairs of the 
company should be thereafter under the absolute control of the Board 
of public works or not ; it being manifest that if the board should have 
the right to appoint three of the five directors, with the power which 
it possesses of displacing them at pleasure, such would be the result. 
In this company the state is the owner of more than half and less than 
three fifths of the stock. The question was, therefore, whether in 
such circumstances the state should have more or less than its propor- 
tionate share in the directory, there being no means of giving to it its 
exact proportion; and on this question the meeting directed the presi- 
dent, not the board, to be governed by the advice of counsel. The 
counsel selected by the president was a gentleman of the executive 
council, and who might therefore be supposed free from any bias un- 
favourable to the rights of the commonwealth. His opinion, herewith 
transmitted, was against the power claimed by the Board of public 
works, and Mr. Martin was accordingly not admitted to a seat at the 
board. His intimation of a wish to be apprised of the meeting of the 
directors that would be called to receive the opinion of the counsel, is 
now for the first time brought to the knowledge of any member of the 
board. But inasmuch as the board in this matter were not acting on 
their own judgment, and could not have undertaken so to act, it should 
be plain to him that his presence or absence was of no importance. 
He is of opinion this proceeding should be arrested, and that the Board 
of public works should be allowed to control the management of the 
company. In this he has the misfortune to differ from the well settled 
course of public opinion and policy on this subject. It has always 
been deemed advisable to admit into public \vorks a large share of pri- 
vate interest and vigilance, and also to distribute power in the manage- 
ment of such works, not in proportion to the amount of interest merely, 
but to have some regard to numbers, under the belief that owners of 
small shares would not be less watchful, and might not be less wise in 
the common service than owners of large shares, at least not in the 
same degree. Mr. Martin seems to be of a different opinion, and we 
leave the argument in his hands. 

Having thus stated our objections to the quarter from which the en- 
quiry comes, we beg leave to say, that we have no desire, nor inten- 
tion, to shrink from any investigation into the concerns of the com- 
pany. 

It will not be expected of us that we shall answer in detail the 
charges of Mr. Martin. It would be very tedious to specify all the in- 
accuracies into which he ha§ fallen ; and in regard to such of his state- 
ments as are true, but so made as to furnish occasion for erroneous in- 



[Doc. No. 10.] 605 

ferences, we shall prefer to treat them not in quite so much detail as 
he has chosen to give them, but under their proper heads. 

In regard to the connection of this company with the Port Walthall 
and Norfolk steamboat association, we beg leave, in the first place, to 
say, that the whole matter underwent a patient and scrutinizing inves- 
tigation at the hands of a committee of both houses of the general as- 
sembly, in the session of 1846-7; and in corroboration thereof the 
board of directors refer to the legislative journal of that year. It is 
therefore hardly probable now, when the Port Walthall and Norfolk 
association has so fully developed its capacity to prevent a diversion of 
travel from the roads north of Petersburg, and is at this time directing 
a valuable local travel over the Richmond and Petersburg railroad, 
that it will be deemed necessary or desirable on the part of the legis- 
lature to recommend any change in the policy of the company, so far 
as the association is connected with it, although by so doing the result 
might be to sustain the Appomattox railroad company, by a surrender 
to it of the entire northern and southern travel in connection with the 
steamboat lines on the river and bay. We beg leave Anther to say, 
that all the charges, })ersonal or other, which Mr. Martin has thought 
fit to make, or to countenance, against the Port Walthall and Norfolk 
steamboat association, are gratuitous and unfounded. The association 
was formed for the purpose of preventing a diversion of the through 
travel to the river and bay line. Such was its avowed object. The 
members of the association have, in common with the state, an inte- 
rest in preventing such diversion, or rather in putting a stop to it: for 
Mr. Martin is quite mistaken in supposing that it did not exist, and 
that it was not operating greatly to the injury of the railroad line. 
That fact v/as made fully to appear in the investigation aforesaid of 
1846-7. It will be seen by reference to the prospectus of the associa- 
tion, and to all the other papers concerning it, and to its whole conduct 
and management, that so far from having any interests, or views, or 
powers, hostile or prejudicial to the interests of the company, its aflairs 
were placed absolutely under the control of the company: if it shall 
make any emoluments, they must be made with the continuing con- 
currence, and under the direction of the company, and must be shared 
by it. And in respect to the bonus to which the association is entitled 
for securing the through travel to the railroad line, Mr. Martin omits 
to observe, that it is limited to one third the additional income thereby 
produced to the railroad companies. The motives and purposes of the 
association, therefore, we may submit, are not liable to be assailed by 
any friend of this company. It has effected the objects for which it 
was designed, greatly to the advantage of the company. It has as yet 
realized no profit ; and while its members may now hope for a reason- 
able return from their investment, we presume there is no one of them 
visionary enough to anticipate a tithe of the amount predicted by Mr. 
Martin. 

In reference to the increased cost of the Richmond and Petersburg 
railroad, which Mr. Martin deems of the first importance, and which, 
he says, for the nine years ending 1st May 1848, amounted to 
$ 103,043, the board of directors are able to state, that during the 



606 [Doc. No. 10.] 

year ending 1st May 1846, when, as Mr. Martin states, the increased 
cost was $78,841 28, the sum of $78,827 80, being an item on the 
books of the company to the debit of interest on acconnt of construc- 
tion, was i)laced to the prime C('St of the road, as also the remaining 
amount of $ 13 48, being for land damages. -This will, therefore, 
sufficiently answer tlic enquiry of Mr. Martin on this head. The 
items which tend to swell the cost of the road from year to year are 
to be explained by the fact, that suits for land damages and other un- 
adjusted claims incident to the construction of a railroad, must neces- 
sarily, as they are terminated, add something of additional expenditure, 
against which no foresiglit can guard, and for which the reputation of 
no engineer should suffer, as his estimates must have been based upon 
the lights at the time before him; and it is to be presumed that the 
local prejudices which may be subsequently brought into exercise to 
the serious detriment always of a corporation, since they cannot be 
properly estimated, must, on the whole, be left almost entirely out of 
calculation, in every attempt to ascertain what a road should cost. 

The statement which Mr. Martin makes, "That although the re- 
ceipts from transportation have been nearly doubled since the road 
was made, yet the expenses have increased faster, and the company, 
instead of making any profit, as they did at first, are actually expend- 
ing more than their receipts," is calculated to create very erroneous 
impressions, unless particular reference is had to the statement which 
Mr. Martin himself appends of the receipts and disbursements of the 
company. It will be seen therefrom that the nett gains of the com- 
pany between the 1st of May 1840 and 1st of May 1848, after a de- 
duction of every expense, both ordinary and extraordinary, and inclu- 
ding interest, amounted on 1st May 1848 to the sum of ^43,175 04, 
the amount of $55,680 in the meanwhile being apportioned, and in 
part paid over to the state for the dividend preferred on her stock in 
the company. The true result therefore is, that after bearing this 
heavy burthen, the company has expended, for the nine years which 
terminated on 1st May last, only $12,504 96 beyond the income to 
that period, whilst their outlay in engines and cars adapted to the 
transportation of coal from the Clover Hill mines and the travel over 
the Port Walthall branch, amounting to $ 50,000, has been left out 
of view by Mr. Martin, although liquidated, with the exception of 
$12,504 96, from the profits of the company, and included in the 
above statement, shewing a nett gain of $ 43,175 04. 

Had the board of directors been consulted on the subject, they 
would have advised Mr. Martin to defer mitil 1st May 1849 the de- 
tailed report which he has made, as, in the opinion of the board, it 
will then be in their power to shew that the anticipations which they 
have formed of the benefit to result from their outlay in cars and 
machinery for the business over this Port Walthall branch have not 
been visionary, but that increased receipts and diminished expenses 
will illustrate the business of the year. It has, however, been the 
misfortime of Mr. Martin to adopt a point of time when the entire 
outlay necessary to the transaction of a new and important business 
over the road has just been encountered, and when, of course, the 



[Doc. No. 10.] 607 

receipts from that business bear no proportion to the disbursements 
necessary to make it effective. 

The business over the Port Wakhall branch of the Richmond and 
Petersburg road may truly be said to be in its infancy ; yet it will 
surprise the general assembly to learn that 72,888 barrels of flour and 
1,007,735 bushels of coal were transported over it during the year 
ending 30th September 1848; and that from these, with the addition 
of a few miscellaneous articles, the income of the company from the 
Clover Hill and Port Walthall branches, amounted to $42,912 07, 
being more than two fifths of the entire receipts of the Richmond 
and Petersburg company from transportation during the year. To 
this amount the reconstruction of the Gallego mills will add consider- 
ably the ensuing year; and it is but fair to presume that other and 
profitable business will seek a route to shipping which has only to be 
known to be appreciated and patronized. 

The expenditm-e necessary to the accommodation of this increased 
and increasing business over the road, being nearly met, or so nearly 
that the increased demand will require no great outlay, the board of 
directors must be allowed to express the hope, that the general assem- 
bly, in its wisdom, will not be disposed to adopt the suggestions of 
Mr. Martin, and jeopardize the interests of the company by recom- 
mending a sacrifice of the Port Walthall branch to any union of the 
road with the Appomattox road, which connects the town of Peters- 
burg with City Point. This is evidently the panacea which Mr. Mar- 
tin would prescribe for all the ills to which the Richmond and Peters- 
burg road is heir. A calculation more erroneous could not well be 
made, when we reflect that the distance from the Clover Hill mines to 
City Point is one half greater than to Port Walthall ; and as the charge 
on a bushel of coal for toll and transportation is 3J cents, (though in 
the opinion of Mr. Martin too low.) nearly If cent per bushel would 
necessarily be the additional tax on all coal shipped at City Point, in- 
stead of Port Walthall ; which, on the business of last year, would 
amount to the sum of $ 17,635 35 on the article of coal alone; and 
as the rates of freight are as low from Port Walthall as from City 
Point, it cannot be supposed for a moment, even if a forced union 
could be accomplished between the Richmond and Petersburg and 
Appomattox railroads, that the latter would long be able to enjoy the 
benefit of one ton of the freight which now goes to Port Walthall. It 
should not be forgotten, that in the formation of this company, a 
branch to Bermuda Hundred was contemplated and provided for in the 
charter. The branch to Port Walthall, a harbour then unknown, an- 
swers the same purposes, with equal advantages in all respects, and at 
much less cost. 

To Mr. Martin's comments on the diminished local travel between 
Richmond and Petersburg, the board have only to reply that the Rich- 
mond and Petersburg railroad company ought not to be held responsi- 
ble for the decline in freight and travel between the two cities. The 
board of directors regret, as much as Mr. Martin can, the diminished 
receipts from this source ; but it is gratifying to state, that the travel 
over their much abused Port Walthall branch is in a fair way tc make 



608 [ Doc. No. 10. ] 

amends for it. An examination recently made, and elicited in conse- 
quence of the striclnres of Mr. Martin, exhibits the remarkable fact, 
that the receipts from the train running between Port Walthall and 
Richmond and Petersburg, (which he says does not pay expenses,) 
from the first of August, when the opposition ceased on James river, 
to the first of December, have been twice as great per train as the re- 
ceipts from the accommodation train between Richmond and Peters- 
burg, during the same period ; by which it would appear rather to be 
the interest of the company to discontinue the accommodation train 
between Richmond and Petersburg, than the one between Port Wal- 
thall and Richmond and Petersburg. 

The board of directors deem it due to the gentlemen connected with 
the Clover Hill coal mines, that the insinuation conveyed by Mr. Mar- 
tin, that by their influence in this company, the rates of transportation 
on coal were reduced too low, should he here repelled in the most de- 
cided and emphatic manner. On the board of directors the duty of 
establishing the present rates, entirely devolved, and but one member 
of the board had any interest whatever in the Clover Hill company, 
and that far short of his interest in the railroad company. It will, 
therefore, surprise Mr. Martin to learn, that the board of directors, in- 
cluding the only member interested in the Clover Hill company, were 
opposed to the terms yielded to the Clover Hill company ; and their 
concurrence was only obtained on satisfactory evidence being afforded 
to them, that the rate referred to was the ultimatum of the individuals 
here most deeply interested in the Clover Hill property; and that their 
fixed determination was to extend the Clover Hill railroad to a point 
on James river, unless the terms they asked were granted to them. 
The directors of this company have had the misfortune, in this in- 
stance, to displease both parties. The coal miners of Clover Hill deem 
the present diminished rates still too high. Mr. Martin, on the other 
hand, representing the commonwealth, considers them too low. We 
have only to say, that they were settled after the fullest examination. 
Well aware of the heavy expenses which the company must incur to 
accommodate the trade, and of the inability of the company to under- 
take expenditures to be reimbursed at a remote period, we deemed it 
our duty, with every disposition to bear as lightly as possible on a trade 
at this time much embarrassed, and likely, if encouraged, to furnish 
a very profitable transportation hereafter, to impose rates which would 
enable the company to bear the requisite expenditures and to make a 
reasonable profit on its outlay. Under other circumstances we would 
have felt it our duty to come down to lower rates, with a view to the 
enlargement of the trade. Whether the rates, as fixed, are too high or 
too low, remains to be ascertained. We can only say, that they were 
fairly adjusted, after very full examination; and that, in our opinion, it 
will probably be the interest of the company to reduce them, with a 
view to ensure the trade, if such reduction shall be found practicable, 
without loss to the company. On the subject of the present rates, we 
present herewith the views of the Clover Hill company, as expressed 
by their president, Mr. Macfarland, and which have been drawn out 
by the communication of Mr. Martin. 



[Doc. No. 10.] 609 

Mr. Martin commits one of his many errors in stating the coupon 
bonds which have been paid off to the extent of $ 7000, as due in 1850. 
They were due on 1st January 1849; and as the company was pre- 
pared to meet them a few months sooner, the board of directors cannot 
agree with Mr. Martin that a saving of interest, when convenient to 
accomplish it, is evidence of bad management. And as regards the 
item of debt for $23,942 71. entitled "dividends credited to private 
stockholders," — it is rather surprising that so accomplished an account- 
ant as Mr. Martin would appear to be, did not readily perceive that, 
thougli under that title it had disappeared from the balance sheet of 
May 1848, it was nevertheless there in the column of "profits since the 
commencement of transportation." In further explanation of Mr. 
Martin's knowledge of accounts, the board refer the general assembly 
to the statement of the treasurer herewith attached, marked No. 3. 
Last and least, it is proper that the board should state, that though the 
business of the road has nearly doubled within the time, the salaries of 
the officers, clerks and agents in connection therewith have been di- 
minished since the years 1840 and 1841, when Mr. Martin's plan of 
uniting the offices of president and superintendent was in practical ope- 
ration, to the extent of $830, — the insinuation of Mr. Martin to the 
contrary notwithstanding. The board of directors are willing to ad- 
mit, that, whilst the statements which have been from time to time 
made out by the treasurer of the company are in every particular per- 
fectly correct, yet as the insertion of a cash account, the nature of which 
precludes a comparison with the other statements, appears to have mis- 
led Mr. Martin into the belief of discrepancies that do not exist, 
and may mislead others, it may be advisable to report hereafter only 
the statements that are susceptible of mutual comparison. 

We are quite aware that the construction of this road was very 
costly; and that its subsequent repairs and renovation have been un- 
duly expensive. These are no new topics of complaint. It was con- 
structed at a most inauspicious period, in the year 1837, when every 
thing to be bought, inclnding labour, was dear, and when money and 
credit, the means of buying, were scarce and high. The cost there- 
fore far exceeded the estimates. We are not indebted to Mr. Martin 
for this discovery; it was long since made. The subsequent repairs 
and renovation of the road have also been unduly expensive. This 
has been chiefly owing to a faulty change in the plan of the wooden 
superstructure of the road, recommended some years since by an en- 
gineer, now deceased, vi^hose professional accomplishments were of the 
highest order, but who, in this instance, was misled by the results of 
experuiients of the ribbon rail, made on the southern roads with such 
apparent success, as to induce him to adopt it here. In addition to 
other supposed advantages, it was strongly recommended by considera- 
tions of economy. It was in fact found much cheaper in the begin- 
ning, and for a time answered a good purpose ; but it proved to be too 
weak for the heavy business of this road, and has resulted in entailing 
on the company for some years past very heavy expenses for renova- 
tion and repairs. Notwithstanding this, the board will now hazard the 
assertion, that no road of similar structure, of the same capacity, and 



610 [Doc. No. 10.] 

extent of business in the Union, can be found in better condition, or 
with transportation power in better order and of more efficiency. In 
proof thereof the board have much pleasure in appending herewith the 
testimony of highly respectable and competent individuals, whose op- 
portunities for proper information have been fully equal to those of Mr. 
Martin, and who, by practical experience, have been able to make the 
best use of those opportunities. 

Mr. Martin institutes a comparison of this road with others, assum- 
ing mere length as the standard. It is hardly necessary to say, that 
this is altogether fallacious. Mere length neither determines the cost 
of original construction, nor that of subsequent preservation and man- 
agement. The latter depends on the contrary mainly on the amount 
of transportation, an element which Mr. Martin neglects, and which, 
if duly considered, would have led him to results very favourable to 
the management of this road, as compared with the others selected by 
him. He should have remembered that this road not only has, in pro- 
portion to its length, a very much larger transportation than those se- 
lected by him, or any of them, but with a mere length of less than 
23 miles, it transports, including its branches, nearly twice that dis- 
tance. Mr. Martin's favourite subject of comparison seems to be the 
Greensville and Roanoke railroad. That, it is enough to say, is for 
every purpose of such comparison, not an independent road, but a 
mere roadway, a portion of the roadway of the Petersburg company, 
occupying to that company the relation of the Clover Hill road to 
this. Let him compare it then with the Clover Hill road, and take 
into the estimate the business done on each, and he will arrive at re- 
sults much more just, though perhaps less satisfactory to him. 

Mr. Martin founds a grave charge against the management of the 
company, because he happens to find that its coal cars made last year 
cost $250 each, whereas in 1846, they cost only $175, It will re- 
lieve him to learn, that all coal cars are not intrinsically of the same 
value. For example, those bought in 1846, were second-hand, hold- 
ing 75 bushels; those made last year were new, holding 100 bushels. 
He cites this as a sample of our economy ; we refer to it as a sample 
of the care he has used in collecting his facts. Again, the reflooring 
of the bridge cost $10,000. Has he enquired whether it was necessa- 
ry, or could have been better or more cheaply made ? Again, a foot- 
path along the bridge cost last year $ 235 ! It was made for the pub- 
lic accommodation during the interval between the destruction of 
Mayo's bridge and the establishment of a ferry ; and if he had looked 
more carefully into tiic accounts of the year, he would have found 
that it yielded $808 90 to the company. 

In dismissing Mr. Martin from any further notice at their hands, 
the board of directors must be allowed to call the attention of thei 
general assembly to the fact, that this is the fourth attack which has 
been directed at the management of the aflairs of the company, eachJ 
from the same quarter, and each with the same object in view ; that 
of preventing the company from transporting passengers to and from 
the steamboats which ply between Norfolk and Port Walthall. The 
board of directors have, in a portion of this communication, brought to 



[Doc. No. 10.] 611 

the notice of the general assembly, the fact that the travel by this 
route is worth more to the Richmond and Petersburg company than 
the local travel between Richmond and Petersburg, and was intended 
to be provided for in the original formation of the company, a branch 
to Bermuda Hundred being designed plainly for no other purpose 
than the accommodation of such travel, and of transportation between 
the same points. In addition, the company is indebted to the indivi- 
duals who own the steamboats referred to, for preserving to the roads 
north of Petersburg the through travel, which, but for their valuable 
aid, would have been transported by City Point and the bay to Balti- 
more. And they would further api)rise the general assembly, that 
the individuals who constitute the JNorfolk and Port Walthall associa- 
tion have a large interest in the stock of the companies between Pe- 
tersburg and Washington ; and in protecting their own interest, must 
necessarily protect that of the state in the same companies. They 
beg leave, therefore, now to express the hope, that the general assem- 
bly will give no encouragement to any such liarassing and injurious 
proceedings; but will discourage in future all similar movements. 
The effect of a contrary course will be, in addition to other mischiefs, 
to subject, for a time, the stock of any company which it may be de- 
sirable to affect in the estimation of the public, to the power of rival 
or unfriendly interests. ' This document of Mr, Martin is an apt illus- 
tration of the propriety of the remark ; for if was scarcely in the hands 
of members of the general assembly before it was found freely circu- 
lated in every quarter where mischief could be made of it. The board 
are well informed of the fact, that whilst in the course of publication 
by the printer for the commonwealth, a large number of extra copies 
were ordered by a gentleman highly connected with the Petersburg and 
Roanoke railroad company. And from the fact, that within a few days 
past, it has been freely distributed to citizens of Philadelphia, owning 
a large amount of stock in the two companies between Petersburg 
and Washington, no doubt remains with the board of the quarter from 
whence they were derived. With what object has this been done, 
unless with the view of impairing the confidence of stockholders, and 
inducing them to withdraw their support from those who have here- 
tofore enjoyed it ? 

The reconstruction of the road between Petersburg and City Point 
has had the effect of imparting new vigour to this disposition to annoy 
the companies north of Petersburg; and it is slight want of charity to 
infer, that if a change in the management of our road can be effected, 
a course of policy may be pursued so directly in conflict v/ith the past, 
that the income of the companies north of Petersburg will be afl^ected 
to the extent of a very large portion of their income from through 
travel. 

Looking to the past, the board of directors of the Richmond and 
Petersburg railroad company cannot but think that they have peculiar 
claims upon the consideration of the general assembly. The war upon 
their travel so long carried on by the Portsmouth and Roanoke railroad 
was scarcely ended by the decline of that road, alitor it had sunk not 
only the original subscription of the state, but a large loan in addition. — 

79 



612 [Doc. No. 10.] 

when this Appomattox railroad, which likewise under the title of the 
City Point railroad, had destroyed the capital embarked in it on the part 
of the state, as well as a large loan in addition, — becomes a competitor 
for the travel over the roads north of Petersburg. The Appomattox 
railroad was granted to the town of Petersburg almost as a donation on 
the part of the state, for the purpose of accommodating the local busi- 
ness of Petersburg ; and an express provision was contained in the 
tyrant, that the road should be forfeited if found engaged in the trans- 
portation of any through travel whatever. Scarcely however was the 
process of construction commenced, before the attempt is made to ob- 
tain from the legislature a repeal of the restriction so wisely imposed. 
Failing in any attempt to obtain additional privileges from the legisla- 
ture, it may reasonably be inferred, that if the Norfolk and Port Wal- 
thall association can be broken up, it will not be long before, through 
means of a steamboat concern, to be brought on the bay and river, the 
allies of the Appomattox company will be able to accomplish that di- 
version of the travel indirectly, which it is now beyond their power to 
do in any way. 

The board of directors deem it proper to state in this connection, 
that the Richmond and Petersburg railroad company, though aided 
with a loan by the state, have been, and will continue to be embar- 
rassed by the condition attached to it, that a dividend of 3 percent, at 
least shall enure to the coi^monwealth, not only on the amount of the 
loan, but on the stock held by the state in the company. The conse- 
quence is, that the company is trammelled in its operations, and wholly 
unable to carry on its business with cash funds, or that elevated credit 
which is equivalent to the command of means. The prayer of the 
company is, — that the general assembly, in its wisdom, will at this ses- 
sion allow the stock of the state to be placed on the same footit)g with 
stock held by individuals in the company. With this act, and a law 
passed for a union of this company with the Richmond, Fredericks- 
burg and Potomac railroad company, on terms to be agreed on between 
the stockholders of the two companies, it cannot be long before the 
difliculties of the company will be ended; and it will be found, not 
only to have accomplished all the useful purposes expected from it, but 
to yield a fair return upon the investment made in it by the state and 
by individuals. 

Signed on behalf of the board. 

WIRT ROBINSON, Pres. 



[ Doc. No. 10. ] 613 

(No. 1.) 
OPINION. 

la 1836, {vide Sessions Acts, p. 146, ch. 121,) the Richmond and 
Petersburg railroad company was incorporated. By the charter the 
company stood incorporated as soon as 1500 shares of stock were sub- 
scribed by individuals. 

As soon as that number of shares were subscribed, a general meeting 
of the said subscribers was to be convened. 

At this first general meeting a j^resident and Jive directors were to 
be elected by the stockholders^ and also at each annual meeting there- 
after, to continue in office (unless sooner removed in general meeting) 
until their successors should be elected — (*§> 6.) 

The requisite number of shares of stock having been subscribed, a 
general meeting of the stockholders was held, and the company or- 
ganized by the election of a president and five directors. 

After this the Board of public works, in pursuance of law, sub- 
scribed on behalf of the state for an amount of stock equal to two 
fifths of the stock held by individuals. 

After such subscription on behalf of the state, the Board of public 
works, in conformity with the fifth section of the act of 1832, ap- 
pointed two of the Jive directors, and the private stockholders con- 
tinued to appoint the rest of the directors ; the president being elected 
by the votes of all the stockholders, public and private, in general 
meeting, given according to scale of votes prescribed by the charter or 
the general railroad law. 

In tlie year 1843, the company being indebted to the state, a law 
was passed, {vide Acts 1842-3, p. 71, ch. 103,) increasing the capital of 
the company to the amount of the debt of the state ; and the Board of 
public works was directed to subscribe for this additional stock on be- 
half of the state, on receiving a mortgage of the whole property and 
income of the company, to secure the payment of an amount equal to 
that of the debt and interest, if the company fail to pay six per centum 
per annum on the amount of the new stock so subscribed, (that is the 
substance of the condition of defeasance prescribed,) and the act de- 
clared that the transaction was " in effect an exchange" by the com- 
pany "of an equivalent amount of its stock for the debt and interest 
due the state." 

This law was accepted and carried into effect. After winch, as I 
understand, the capital stock was held as follows, viz : 

Private stockholders, - - - 300,000 

State subscription under the general law, - 200,000 

Special subscription under act of 1843, - 185,600 



Entire capital from 1843 to present time, $ 685,600 

Thus the state owned two fifths of the original capital, and of the 
whole capital it owned less than three fifths: 

Three fifths being - - - - $411,360 

And the whole stock of the state being - 385,000 



614 [Doc. No. 10.] 

Since the year 1S43, notwithstanding the large increase of the state's 
stock in the company, the private stockholders have continued to elect 
three of the directors and the Board of public works to appoint the 
other two. 

Recently, however, the Board of public works has claimed the right 
to appoint three of the directors, and has actually appointed a third 
director, after having fust appointed two on the part of the state. 

The private stockholders, not acquiescing in this claim of the Board 
of public works, have elected two directors first, and then a third, to 
act as such if they have a right so to appoint him. 

My opinion has been requested upon the question, Which of the 
two, the third director appointed on the part of the state, or the third 
elected by the stockholders, is the lawful director of the board? 

The statement already made shews that by the charter the company 
was organized before the state became a subscriber. Its first general 
meeting was necessarily a meeting of private stockholders only; for 
the act of 1832 (>§> 1,) provides, that "previous to subscription" on the 
part of the state, "the Board of public works shall be furnished with 
a certificate vnder the seal of the company^ signed by their treasurer^ 
and countersigned by their president,''^ stating, among other things, 
that '• one fourth of the private subscriptions has been actually paid up 
into the hands of their treasurer." 

There could be no seal of the company, no treasurer, no president, 
and no payment of one fourth to the treasurer, until after the company 
was organized at the first general meeting. Of course, until after such 
meeting and organization, the state was not and could not be a stock- 
holder. 

At this first general meeting, then, the law required the private 
stockholders to elect a president and five directors ; and they must 
continue so to appoint the president and all the directors until the state 
became entitled to appoint a portion of them. 

It is provided by the 5lh section of the act of 1832,' that when the 
state does become a stockholder to any railroad company, " the Board 
of public works shall have a right to appoint such a number of the di- 
rectors''^ — "as will be in proportion to the stock subscribed by the Board 
of public works." 

It is evident, then, that the private stockholders must continue to 
elect all the five directors until the state has acquired a right to appoint 
a portion of them, and when it has acquired such right, the private 
stockholders must continue to appoint all that the state have not under 
the law a right to appoint. 

By the same 5th section of the act of 1832, it is provided that the 
proxy of the state shall vote on the stock of the state in the election 
of all officers except directors. Under this the state as a stockholder 
has all its stock represented fully according to the scale of voting in 
electing the president. But in the appointment of directors the state 
(by the Board of public works as its agent) acts separately from, and 
independent of, the private stockholders. 

In determining the number of directors, then, which the Board of 
public works has a right to appoint at any time, we must keep in mind 



[Doc. No. 10.] 615 

that the private stockholders have a right to appoint all hut such a 
number as the state has acquired a right to appoint. It has a right to 
appoint such a number of the jive as will be in proportion to their 
stock. That is, the number of directors appointed by them must bear 
the same proportion to the number five, as the whole amount of their 
stock bears to the whole capital stock of the company. So far as this 
can possibly be done, it may be done. 

But if they claim to appoint such a number as bear a greater ratio 
to the number five than their whole stock bears to the whole stock 
of the company, it is manifest their claim cannot be sustained. 

The number of directors must be five, no matter how much stock 
was subscribed for, and the private stockholders must appoint them 
all until the state has the riglit to appoint some, no matter how much 
or little stock (over 1500 shares) had been subscribed. 

How then is it to be ascertained how many of the directors may be 
appointed for the state, so as to be in proportion to the stock held by 
the state. If the directors were divisible into as many parts as there 
are shares of stock in the company, the answer could easily be given, 
and the proportions ascertained as easily as the proportions of the 
state's dividend of profits made could be ascertained. 

But the number of directors is not only limited to five, but it is 
composed of units which admit of no fractions or subdivision. There 
cannot be such a thing as a quarter, a half or ilirce fourths of a di- 
rector. The state must have a right to appoint one whole director, or 
it can have nothing to do with the appointment of directors. Before 
it can appoint a director, it must hold stock to an amount equal to one 
fifth of the whole amount of the stock of the company. 

If, for example, the state had only one share of stock, it is plain, 
and the absurdity of a contrary pretension is so glaring as to be appa- 
rent at once, that it could not appoint a director. Although its share 
of stock bore some proportion to the rest of the stock, it was not such 
a proportion as bore any relation to the other element, viz. the inun- 
her of directors to be appointed. 

It is not because the state has no interest in the company that it 
could not appoint a director in such case, but because its share bore no 
practicable proportion to the rest of the stock in reference to the pur- 
pose for which the comparison was to be made, that is, the appoint- 
ment of a portion of a fixed number of directors. This will be appa- 
rent if we remove this supposed obstacle. Suppose one director was 
to be appointed for each share of stock, and the state was authorized to 
appoint such a number of the directors as was proportioned to its 
stock, then it could certainly appoint one director if it owned only one 
share. 

It is evident, therefore, that in order to solve the problem, we must 
reduce the element of the proportion to be observed, to similar denomi- 
nations, as far as possible. As the body of the directors is composed 
of five integers, and of integers which cannot be divided, and admit 
of no fractions, the stock, which is another element of the proportion, 
must be consolidated to the same number of integers. '^I'hus alone 
can we determine the proportions with reference to the quantity of 



616 [Doc. No. 10.] 

stock held by the slate, from which we are to ascertain the number of 
directors which bears the same proportion to the whole number of 
directors, as the quantity of stock held by the state bears to the whole 
stock of the company. The stock then must be divided into five equal 
parts, of which each shall be an integer, and then the state will have a 
right to appoint a director for each of such integers of stock held by 
it. There is. then, no difficulty in determining the number of direc- 
tors the state is entitled to appoint. Then, if the state owns less than 
one fifth of the stock it cannot appoint any director, under the law. 
If it owns more than one fifth, but less than two fifths, it can appoint 
one director, no matter how small the excess over one fifth ; and it can 
appoint no more than one director, no matter how large may be the 
quantity, if less than two fifths. But as soon as it owns a single share 
over two fifths, it can appoint two directors. 

To prove this, suppose the whole stock in the company to be 500 
shares, and ihe state owns 99 shares, it could no more appoint a direc- 
tor than if it owned only one share. For it has right only to appoint 
such a number of directors as will be in proportion to its stock. 

Let the proportion be stated, then, and worked out, and the conse- 
quence is inevitable. 

Thus, as 500 : : 99 : : 5 to the number of directors the state is to 
appoint. But that number is a fraction of ninety-nine hundredths of 
one, of course it is less than one, and the state cannot appoint a di- 
rector at all. 

While the state, then, is entitled to appoint as many directors as its 
proportion of stock will entitle it to, as far as it is practicable in the 
nature of things to give it its full proportion, it is equally plain that it 
has no right to appoint a number of directors greater " than will be 
in proportion to its stock ;" and as when the state owns 99 shares, in 
the case put by way of illustration, it could appoint no director — so, if 
it owned one hundred and ninety-nine shares, it could only appoint 
one director, and no more, unless ninety-nine parts of a director could 
be appointed by the Board of public works, and the remaining one ))art 
appointed by the stockholders, which is of course impossible, and the 
argument is brought to the case of the reductio ad absiirdum. 

The fractions, therefore, of stock held by the state over any num- 
ber of shares greater than two fifths (but less than three fifths) are 
necessarily lost in reference to the number of directors to be appointed 
by the state. As they are not enough to give another director by the 
rule of proportion, they can give it on no other principle, for that is 
the rule prescribed by the law. 

This is not the only case furnished by the railroad law where, in the 
representation of stock, fractions, however large, are lost. The gene- 
ral railroad law provides in § IS that each stockholder shall be allowed 
one vote for each share of stock not exceeding ten, and one vote for 
every ten additional shares. No matter then whether a man own ten 
shares or nineteen shares, he can only give ten votes. This, to be 
sure, is fixed by express terms in the law ; but equally so, I think, is 
the rule of proportion fixed in the law as to the state's number of di- 
rectors. Indeed the question I have been discussing is more like a 



[Doc. No. 10.] 617 

sum in arithmetic — more of a mathematical than a moral or legal 
question. It seems to me, therefore, to be the more free from doubt, 
as questions of mathematics are more certain of correct decision than 
questions upon rules of law or ethics. 

Whether it would have been expedient or more just to the state, 
for the fraction of one fifth of the stock greater than the half of a 
fifth to entitle the state to a director, is an enquiry which can have 
little or no influence in determining what is the proper construction of 
the law as it is. There may have been considerations of general 
policy which induced the framers of the law to reserve to the state 
the number of directors only according to the rule of proportion, as I 
have stated it, and to require no director for any quantity of stock less 
than one fifth. They may have overlooked tiie question, and formed 
no intention in respect to it (which is very probable). The law as it 
is, I think, is quite clear upon the point in question, and there is no 
use for speculation. 

My opinion therefore is, that conceding that the state is entitled to 
appoint directors in proportion to its whole stock, as well that sub- 
scribed in 1843 as before, the third director appointed by the stock- 
holders is the lawfully constituted director of the company, and that 
the Board of public works has no right to appoint more than two of 
the directors. 

This view of tlie matter renders it unnecessary for me to give any 
definite opinion on another view which has been suggested, and 
which would deserve my serious consideration if it were necessary to 
the decision of the question as to the number of directors to be ap- 
pointed by the state. 

It has been seen that the additional stock of the state in 1843 was 
in lieu of a debt due by the company to the state, and that the law is 
a very peculiar one. While the capital is increased, and the new stock 
created thereby is subscribed by the state, yet it is accompanied with 
a mortgage^ to secure the amount of the debt and interest to the state ; 
the forfeitiu'e to be imposed and the mortgage foreclosed when the 
company fails to pay out of its dividends three per cent, on the whole 
stock of the state, or so much thereof as is equal to six per cent, on 
the new stock. 

It might be argued, and with much plausibility, that this transaction 
was nothing more in effect than a mortgage to pay the debt and 
interest, and that the giving to the debt the form of stock was only 
another form of liquidating the debt, and the stock was only a new 
form of security for the debt. That it was not such a subscription as 
was contemplated by the act of 1832, as to which the state puts itself 
on an equal footing with other subscribers, and consequently could not 
draw to itself the privileges given to the state in respect to a regular 
subscription under the act of 1832. 

I am not satisfied, however, that this view of this transaction is suf- 
ficient to exclude the state from regarding the stock subscribed in 1843, 
as entitling it to all the privileges incident to any other stock owned 
by it. 



618 [Doc. No. 10.] 

It cannot be doubted, that if the state had expressly declared, iti the 
act of 1813, that the stock subscribed by it under that law should, as 
long as the state held that stock, entitle the state to all the privileges 
conferred by any other stock subscribed by it, that the law would 
have been valid, especially if the company accepted the law. If the 
fair construction of the law (which is a contract between the state and 
the company) shews that such was the intention and meaning of the 
parties, the ellcct will be the same as if it had been expressly declared. 

What, then, is to be fairly inferred as to the meaning and intent of 
the parties? What motive could the state have had in exchanging its 
debt for stock of the company but to increase its control over, and 
intluence in the company by increasing its stock? It could have se- 
cured its debt and interest just as effectually, by taking a mortgage 
for that purpose directly, if tliat had been its only object. But in- 
stead of that it authorizes or requires an increase of stock, it subscribes 
for that stock, and contemplates that dividends shall be made with re- 
ference to it as a part of the capital stock of the company, reserving a 
preference to itself, however, in favour of this particular portion of its 
stock, so as to be certain to receive at least six per cent, on it. Thus, 
while it holds the stock as stock, as long as the company complies 
with the terms of the law, it reserves to itself the right to transmute 
the stock into the debt again, whenever the company fails so to 
comply. 

I doubt not both the company and the proxy of the state have under- 
stood the act of 1843 as constituting the state a stockholder, with all 
rights and privileges as such, in respect to the stock subscribed in 
1843, as that subscribed before ; and that the proxy of the state, in its 
general meeting, has given the vote of the state, according to the num- 
ber of votes to which it is entitled as a stockholder, to the amount of 
$385,000. 

Such a construction, (if the fact be so,) claimed by one party and ac- 
quiesced in by the other, would be sufficient to turn the scale if the 
construction of the law itself were more doubtful. I think, then, this 
question ought probably to be decided in favour of the state as to its 
right to vote in general meeting to the full amount of all its stock. 

The same acquiescence of the state as to the other question, in re- 
ference to the number of directors it has a right to appoint, ought to 
be equally influential, if the law were doubtful, against the pretension 
it has recently, for the first time, asserted, to appoint three fifths of the 
directors, when it owns at the utmost less than three fifths of the 
stock. I repeat, that in my opinion, such a claim is condemned by 
the true construction of the law, and is the more readily to be repu- 
diated, because the state and its agents, the Board of public works, 
have for so many years tacitly admitted there was no foundation for 
such a claim. 



[Doc. No. 10.] 619 

(No. 2.) 

Richmond, Dec. 27th, 1848. 
Sir, 

It affords me pleasure to comply with your wish, to notice 
the statement in the communication of Mr. N. M. Martin to the Board 
of pubhc works, to which you called my attention, relative to the 
charges of the Richmond and Petersburg railroad company, for car- 
rying coal for the Clover Hill railroad company. That statement 
seems to be designed to create an impression that those charges are 
" too low," and were " established" by " persons" in the first named 
company, who "were at the time," — "or became shortly" afterwards 
"interested in the coal trade." 

Now, I can say, that the charges in question are considered by the 
directors of the Clover Hill railroad company as much too high, and 
that I concur in so thinking. It is fortunate for the Richmond and 
Petersburg company that it has the right to exact the existing charges 
for two years yet to come, under a contract between the two compa- 
nies ; as the coal company, but for the contract, would perform its 
own transportation, and continue its road to the river, sooner than sub- 
mit to such exorbitant charges. 

You see, then, I differ widely from Mr. Martin ; and as the presi- 
dent of the Clover Hill railroad company, I profess to know its opi- 
nions and somewhat of its true interest. I may add, that I have been 
at some pains to ascertain the true value of the services performed by 
the Richmond and Petersburg company, and the result of enquiries of 
practical men, familiar with the employment, has been to convince me 
that the charges are too high by more than fifty per cent. 

The Board of public works, and all others concerned, are at liberty 
to rescind the contract between the two companies at any moment, 
the sooner the better, provided only, that notice of the purpose to ter- 
minate it be given just time enough to allow the coal company to pre- 
pare for its own transportation. 

Once more, the coal company would be gratified to submit the 
charges to arbitration ; and to gain it will pay something as a bonus to . 
the Richmond and Petersburg company, if that would secure its as- 
sent to the proposition. 

The truth is, that the coal company has known from the beginning 
that the charges were exorbitant, and the only reason for its submis- 
sion was, that it was not ready to perform its own transportation, as 
for that an outlay of capital was required, which it was not convenient 
to furnish. It is quite certain that, unless very different counsel than 
that of Mr. Martin prevails, the connection between the companies 
will cease as soon as the existing contract leaves the coal company at 
liberty to act for itself. What will the stockholders of the Richmond 
and Petersburg company say then ? 

Who are referred to as the persons in the railroad company, that 
were interested in the coal trade, I do not know. If the directors of 
the former company be intended, they can answer for themselves, if 
80 



620 [Doc. No. 10.] 

indeed they shall thitik it worth while to answer at all. The charges 
in question were arranged by the boards of the two companies, the 
railroad company being the party which sought to raise the charges, 
and the coal company to reduce them. One of the latter board, a 
friend of mine, by whom I shall be pardoned for using his name in 
this connection, M. Robinson, Esq., was complained of by his co- 
members for not co-operating in the effort to bring the railroad com- 
pany to charges which all the rest of the board deemed fair and rea- 
sonable. So it was, lie did not; nor did he hesitate to avow a desire 
that the railroad company should be liberally rewarded. It is quite 
probable that it has happened in this instance, as it has many times 
before, that a gentleman is suspected of the very opposite of his actual 
course. He is the only one who was, or is interested largely in both 
companies. But until it be shewn that the "charges" are too low, 
the intimation that they were arranged under some undue influence 
of the coal company or its stockholders, is idle. 

Yours truly, 

(Signed,) 

WM. H. MACFARLAND. 
Wirt Robinson, Esq. 

I certify that the above is a true copy of the original on file in the 
office of the Richmond and Petersburg railroad company. 

Teste, 

JNO. WILLIAMS, Treasurer. 



:no. 3.) 



Answer to Mr. Martin's remarks on the accoimts accompanying 
the last report to the stockholders. Appendix C. 

Page 547. Mr. Martin assumes that the whole amount of two 
sums, $76,8S4 22 and .'{^13,007 10, was paid in cash. This is not 
the fact; for notes of the company, amounting to $ 16,826 32, and 
forming part of the amount, were not due on 1st May 1848. 

Page 548. The cause of the difference between $108,554 90, the 
amount of income from transportation, according to statement No. 3, 
and $ 117,364 90, amount of cash receipts, according to the cash ac- 
count is : The latter sum includes receipts of open accounts due to the 
company the previous year, and of other accoimts accrued during the 
year in the course of transportation business, but not forming part of 
the year's income. 

Page 548. The cause of the difference between $ 76,884 22, the 
amount of ordinary transportation expenses, according to statement No. 
4, and $ 49,232 79, as stated in the cash account, is : The former in- 
cludes notes not due at the end of the fiscal year, which could not of 
course be in the cash account. 



[Doc. No. 10.] 621 

It is only necessary to consider the nature of the cash account, and 
that it necessarily blends some of the transactions of the past year 
with those of the present, and as necessarily excludes some of the pre- 
sent year's transactions, which pass over to the next, to conclude that 
it never can agree with the account of income of the present year as 
long as a part of it is not immediately received in cash, but is regu- 
larly charged in some of the open accounts, and that it never can agree 
with the account of expenses while notes are given for a portion of 
them. This is so obvious, that it is surprising it should have escaped 
the notice of Mr. Martin, a merchant, who is no doubt intimately and 
practically conversant with accounts. He probably has, on his own 
ledger, the account technically called '-Charges." If in payment of 
charges, he occasionally gives notes, he must see at once that to ascer- 
tain the amount of that account for any given period, he must look to 
the account itself, not to cash account. Such is the case with the 
company's account of transportation expenses. 

In regard to the great increase in the charge for cost of road and pro- 
perty from 1844 to 1846, at which Mr. Martin expresses surprise, the 
cause of it is evident on the face of the reports made to the stockhold- 
ers. The report of 1844 states, that only the portion of interest paid 
before transportation commenced was comprised in the charge, while 
that of 1846 shews that all the interest was then included. 

I will add, that Mr. Martin, in any one of his late numerous visits 
at the company's depot, could readily have obtained all the information 
he desired about the accounts, by asking a few questions in the trea- 
surer's office. This would have saved him the necessity of making 
any one of the enquiries on this subject which he has made through 
the Board of public works. But he never asked a single qiieslion. 
It is difficult to assign a reasonable motive for the course he has pur- 
sued in preference to one so easy, and which so readily suggests itself 
to every unprejudiced mind as an act of simple justice. 

JNO. WILLIAMS, 
Treas. Ricimi'd and Petersb^g R. R. Co. 



(No. 4.) 

Richmond, 5th January 1849. 

Having been requested by Mr. Thomas Dodamead, superintendent 
of the Richmond and Petersburg railroad, to make an examination of 
the road, I have done so, and find that the road generally is in a good 
and safe condition, and a large portion of it is in very superior order. 
Having been one of the committee of examination appointed annually 
by the stockholders for some years, and having made several examina- 
tions of the road each year, I have the satisfaction of saying that the 
road has been for some time in a general state of improvement, and is 
now in a better condition than it has been for some years. 



622 [Doc. No. 10.] 

The course now being pursued in the improvement and general re- 
pairs of the track, is in my opinion the most judicious one for the in- 
terest of the stockholders and permanent improvement of the road. 

(Signed,) 

JACOB F. BARNS. 

I have made an examination of the road at the request of Mr. Do- 
damead, and fully concur in the above. 

(Signed,) 

JOHN WALKER, 

AgH Repairs on Chesterfield R. Road. 

I certify that the above is a true copy of the original on file in the 
office of the Richmond and Petersburg railroad company. 



Teste, 



JNO. WILLIAMS, Treasurer. 



(No. 5.) 

Richmond, 5th January 1S49. 

At the request of Mr. Thomas Dodamead, superintendent of the 
Richmond and Petersburg railroad, I have made an examination of the 
engines and cars now in use on that road, and find the engines in ex- 
cellent working condition, and the cars in good order, and equal to 
those of any road in this sectioti of the country, and certainly as good 
as they can be made with the same expenditure of money. I have 
also examined the shops and machinery for the repairing and making 
new cars, and find them judiciously and economically arranged and 
managed. 

I have likewise examined the new coal cars made in the company's 
shops, and find that they are manufactured as low as they could be 
done in any establishment, and for less than they could be purchased. 

(Signed,) 

JAMES M. TALBOTT. 

I certify that the above is a true copy of the original on file in the 
office of the Richmond and Petersburg railroad company. 

Teste, 

JNO. WILLIAMS, Treasurer. 



[Doc. No. 10.] 623 

COMMUNICATION 

From JAMES LYONS, Es^uir^e, 

On the subject of N. M. Martin's Communication to the General 

Assembly. 



Second Auditor's OfficEj 
January 18, 1849. 

Sir, 

In compliance with a resolution of the house of delegates, 
adopted the 17th inst., I herewith transmit, by direction of the Board 
of public works, a copy of a communication addressed to said board 
by James Lyons, Esq., on the subject of a communication from N. M. 
Martin, Esq., transmitted to the general assembly by said board, and 
printed in Doc. No. 10, of the house of delegates. 

I have the honour to be. 

Respectfully, your ob'dt serv't, 



BROWN, Jr. 
Second Auditor. 



To the Honourable the Speaker 

of the House of Delegates. 



Richmond, January 8, 1849. 

To the Honourable Board of Public Works. 

My attention has been called to a communication made 
by N. M. Martin, Esq. to you, under date of the 2d of October last, 
which has been communicated to the legislature, and published by its 
order, in which an allusion is made to me, which I deem it my duty 
to notice. In that communication Mr. Martin says, that at the last 
meeting of the stockholders of the Richmond and Petersburg railroad 
company, he " submitted a proposition to instruct the board of direc- 
tors to charge the passengers going between Richmond and Port Wal- 
thall the same rate per mile as passengers between Richmond and Pe- 
tersburg." He avows that his object was, "to break up the connex- 
ion between this company, (the Richmond and Petersburg company) 
and the Richmond, Fredericksburg and Potomac railroad company, and 
the Port Walthall steamboat association, and concludes with the ex- 
81 



624 [Doe. No. 10.] 

pression of his regret that in this movement he was not sustained by the 
representative of the state's interest in the company, and therefore he 
failed to accomplish what he is pleased to call a '^good result." As I 
am "the representative of the state's interest" in the company, the 
allusion to me is as distinct as if my name were used, and I must be 
allowed to say that it was most indelicate and impertinent, for even if 
Mr. Martin were right in his facts and his reasoning, he would still be 
without any authority, of which I am aware, to supervise or criticise 
my conduct as the proxy of the Board of public works ; and I do not 
believe that in fact he had any such authority, as to believe it would be 
to suspect the Board of public works of setting a spy upon me, to dis- 
tort and misstate my conduct, without any intimation to me of the 
fact, and of this 1 am satisfied the board is wholly incapable. What- 
ever obligation, therefore, Mr. Martin was under to report upon the 
conduct of the company, or of the stockholders as a body, or upon me 
as a private stockholder, (which I deny,) he certainly had no authority 
to review my conduct as the representative of the state, in a meeting 
in which he had no right to vote, I believe, in any character. It was 
therefore most indelicate, to say the least of it, in him, not merely to 
offer a comment upon my conduct, but to hold me up as delinquent. 
This however, is not the only error of Mr. Martin's very elaborate re- 
port, which after all, is for the most part but a commentary upon mat- 
ter previously in the possession of the Board of public works, but 
which Mr. Martin must have thought the board had not the smartness 
to comprehend without his aid. It is filled with errors which I have 
not the time, and am under no obligation to expose, but it is wholly er- 
roneous, as well as unjust in respect to me, for it is not true in the first 
place that Mr. Martin submitted such a proposition as he describes in 
his report. I say this upon the authority of the record of the proceed- 
ings of the meeting of the stockholders, and the recollection of all 
with whom 1 have conversed, who were at the meeting. The records do 
not shew that such proposition was submitted by any one, and of course 
there was no vote upon it. If there be any colour for the statement 
of Mr. Martin, it is to be found in the fact that he suggested in con- 
versation the propriety of, or expressed his wish for breaking up the 
contract with the Port Walthall association, and he was immediately 
told that it was impossible to do it legally and honestly, because the 
contract had been made by the legal representatives of the company, 
viz : the president and directors, and approved by the stockholders, and 
I had so far credited him for good faith, and a regard for the obligation 
of the contract, as to suppose that he was satisfied with the answer to 
his suggestion, and therefore did not move formally. It seems, how- 
ever, that I was mistaken in this, and Mr. Martin is not only M'illing to 
violate a contract himself, but holds me up as a delinquent because I 
will not unite with him. He is right in this at least. I will not unite 
with him or any other in such work, and I am satisfied that for that 
determination I need no vindication with the Board of public works 
which has not been furnished in advance by its own honour and 
fidelity. 



[Doc. No. 10.] 625 

But if the report of Mr. Martin were true, as far as it goes, it would 
be still very reprehensible, in this, that it does not state the whole 
truth ; for while the obvious design is to inculpate me for a dereliction 
of duty, he omits to state the fact, (which he knew, for he always 
voted with me, as the reports of the company shew,) that 1 opposed 
the construction of the Port Walthall road, and the connexion between 
the railroad company and the Port Walthall association, and only re- 
fused to violate a contract which had been legally entered into, though 
made against my will. 

According to my idea of fairness, Mr. Martin was bound, when he 
stated the fact that I was not willing to concur in his suggestion, to 
have stated also the reason given for it, by which it would appear, that 
so far from shrinking from my duty, I was, at least in my own con- 
ception of it, performing my duty ; and that instead of refusing to aid 
in attaining a "good result," I only refused to aid in effecting a bad 
one. 

I retain the appointment of proxy of the board solely from respect 
for it, and a proper regard for the confidence indicated by the appoint- 
ment. If the board disapproves my conduct and concurs with Mr. Mar- 
tin, which I will not do it the injustice to suppose it does until better 
informed, it will find Mr. Martin, I doubt not, a very willing and fit 
representative. 

Having been, in this case, for the first time in my life, held up to 
the public as a delinquent in performing my duty, as far as I under- 
stood it, I have deemed it due to the Board of public works, as well 
as to myself, to make this explanation of my conduct, that it may be 
placed alongside of the accusation. 

With high respect, 

I have the honour to be. 

Your obedient servant, 

JAMES LYONS. 



PROCEEDINGS 

OF 

THE STOCKHOLDERS 

IN THE 

RICHMOND AND PETERSBURG 

RAIL ROAD COMPANY, 

AT 

THEIR GENERAL MEETINGS, 

AND 

REPORTS 

MADE BY THE PRESIDENT AND DIRECTORS 

TO 

THE STOCKHOLDERS. 

FIFTEENTH MEETING, 28th MAY 1850. 



RICHMOND: 

r. D. BEUNAUD, PRINTER, orPOSITE THE EXCHANGE BANK. 
1850. 



FIFTEENTH 
MEETING OF THE STOCKHOLDERS, 

Held on Tuesday, May 28th, 1850. 



At a meeting' of Stockholders of the Richmond and Peters- 
burg Rail Road Company, at the office of the Company in Rich- 
mond, on Tuesday, 28th May, 1850, 

Judge John F. May was appointed Chairman of the meeting, 
and John Williams, Secretary. 

There being present, in person and by proxy, private Stock- 
holders entitled to 857 votes, and the proxy of the Board of Pub- 
lic Works, James Lyons, Esq. entitled to 394 votes, being in all 
1,251, (the whole number that could be given being 1,672,) the 
meeting proceeded to business. 

The following report was presented by the President and Di- 
rectors, and read : 

ANNUAL REPORT. 

The Board of Directors of the Richmond and Petersburg Rail 
Road Company respectfully submit to the Stockholders their 
Annual Report of the condition of the affairs of the Company. 

It will be seen from the accompanying statements, that whilst 
in some items of income there has been a slight falling off, in 
others there has been a corresponding increase during the past 
year, and that the whole receipts of the Company for the year 
ending the 30th of April exceed those of the previous twelve 
months, $857 61. 

It will be perceived, however, though the increased income of 
the company has been small, that there has been a material di- 
minution in the amount of expenses for transportation during the 
past year, and that they have amounted to $72,542 54 only, 
against $84,979 89 for the previous twelve months. Out of the 
profits of the year the Board have been enabled, after paying the 
July dividend to the State, to effect a reduction in the indebted- 



^ 42 

ness of the Company of about $14,000, and its pecuniary con- 
dition may be considered to that extent better at present, than it 
was twelve months since. 

It was represented in the last annual report to the Stock- 
holders, that efforts had been made at the previous session of the 
legislature to get rid of the preference to the State which bore so 
heavily on the private Stockholders, and " to place the stock of 
the Cornmonwealih on the same footing in regard to dividends 
with all other stock," and that it was the " intention of the Board 
to continue their application, in the hope that the legislature 
would eventually grant the relief" asked for by the Company. 
At the last session of the legislature the application of the Board 
was renewed, and an act was passed, entitled, "An act in rela- 
tion to the Richmond and Petersburg Rail Road," which is here- 
with submitted. The act is not altogether such a one as it was 
hoped it would have been the pleasure of the legislature to grant ; 
but taken in connexion with an act, entitled, " An act concerning 
the Richmond and Petersburg Rail Road Company," passed 
April 4th, 1848, which is also laid before the Stockholders, it 
will, in the opinion of the Board of Directors, be advantageous 
to accept it. They trust, under these two acts, that they may 
be able, ere very long, to commence the payment of dividends, 
both to the individual Stockholders and the State; but uncertain 
as it is to what extent the income of this Company may be af- 
fected by the Rail Road in progress between this City and Dan- 
ville, they are unable to speak on the subject with as much 
definiteness as they would desire. They will hope, as they have 
hitherto done, for the best, notwithstanding the policy of the 
Commonwealth in fostering adverse lines, which has been so in- 
jurious to the interest of the State and that of individuals in this 
Company. 

The accompanying statements, which present to the Stock- 
holders a full view of the affairs of the Company, are herewith 
respectfully submitted. 

Signed on behalf of the Board. 

WIRT ROBINSON, President. 
May 25ih, 1850. 

Whereupon the said report, and the documents therein referred 
to, were received, approved, and ordered to be recorded. 

The following report of the Committee of Examination was 
then read : 

At the last meeting of the Stockholders of the Company the 
undersigned, in conjunction with Mr. Thomas H. Ellis, was ap- 
pointed a committee to examine the condition of the roadway 



43 

and other works belonging to the Company. In the absence of 
Mr. Ellis, the undersigned, on the 27th instant, accompanied by 
Mr. Charles Ellis, one of the Directors, and Mr. Thomas Doda- 
mead, Superintendent of Transportation, made a thorough exami- 
nation of the depots and whole line of the road. He is gratified 
at being able to report a marked improvement in both the road- 
way and the motive power used on the road. 

Judicious changes have been made at the depot in Richmond, 
by which a large saving of labor and a more efficient manage- 
ment of the trains for transportation of freight and of passengers 
is obtained. Evidence of the successful operations of the work- 
shops at this point is seen in the construction of a passenger car 
of great beauty and comforl, in the rebuilding an old engine and 
the repairs of others. The condition in which the roadway is 
at present merits especial commendation. The substitution of a 
more durable superstructure has been continued, until, with im- 
material exceptions, the whole road has been relaid with a sub- 
stantial rail and sill, which will doublless produce a considerable 
reduction in the expenses of maintaining the roadway. 

The depot at Petersburg is in a dilapidated condition, and 
should at the earliest day be replaced by a building suitable for 
the preservation of the large amount of property frequently accu- 
mulated at that point, and for the more ready management of 
the trains in loading and unloading. 

The roadway to Port Walthall, and wharves there, were 
found to be in good order for the service required. All of which 
is respectfully submitted to the consideration of the stockholders. 

JACOB F. BARNS. 

Richmond, Mmj 28th, 1850. 

Whereupon the said report was received, approved, and ordered 
to be recorded. 

The meeting then adjourned to Thursday, 30th May, 1850, at 
1 1 o'clock, A. M. 



ADJOURNED MEETING. 
Thursdat, 30th May 1850. 

The Chairman called the meeting to order, and it was ascer- 
tained that there were present, in person and by proxy, private 
Stockholders entitled to 886 votes, and the proxy of the Board 
of Public Works, James Lyons, Esq. entitled to 394 votes, being 
in all 1,280. 



44 

The following preamble and resolution were unanimously 
adopted : 

Whereas doubts are entertained by some of the Stockholders 
as to the precise interpretation of the act of April 4th, 1848, en- 
titled, " An act concerning the Richmond and Petersburg Rail 
Road Company," Resolved^ That the Stockholders defer for the 
present accepting the said act, and that the President and Direc- 
tors be instructed to apply to the legislature for such additional 
act as may clearly give to the Company the right to issue new 
shares of stock at a reduced value. 

On motion of Mr. James Lyons, 

Resolved, unanimously, That the act of assembly passed on the 
9th of March, 1850, entitled, "An act in relation to the Rich- 
mond and Petersburg Rail Road," be, and the same is hereby 
accepted and agreed to by this Company, and that notice in 
writing of this acceptance be certified, under the seal of the Com- 
pany, to the Board of Public Works. 

The following is a copy of the said act of assembly : 

Chap. 77. — An ACT in relation to the Richmond and Petersburg 
Rail Road. 

[Passed March 9, 1850.] 

Whereas the Richmond and Petersburg Rail Road Company 
has incurred heavy expenses, and been involved in debt, for the 
accommodation of the Clover Hill coal trade, and the accommo- 
dation of the increasing trade and travel of the road, to an extent 
injurious to the credit and threatening the existence of the Com- 
pany ; and whereas it is believed that the interest of the State, 
as a partner in the Company, demands, and the public interest 
would be subserved by the State's relinquishing all dividends to 
the Company until the Company is in a condition to pay 
dividends : 

1. Be it therefore enacted, That no further dividends shall be 
paid to the State by the Richmond and Petersburg Rail Road 
Company, any act or acts of the general assembly to the con- 
trary notwithstanding, until the Board of Directors of the Com- 
pany shall consider the Company in a condition to declare divi- 
dends; and then the dividends shall be declared and paid alike, 
and the same per share to the State and all other Stockholders. 

2. Be it further enacted, That until the Company is able to 
make, declare and pay dividends alike to the State and other 
Stockholders, the collection of the suspended dividends of thirty- 
three thousand four hundred and eight dollars, now due the 
State, shall be further suspended during the pleasure of the legis- 



45 

lature, provided the interest on the same be promptly paid on the 
first day of January of each year. 

3. Be it further enacted, That if said Petersburg and Richmond 
Rail Road Company accept the provisions of this act, the Board 
of Public Works shall have the right to appoint three out of 
five of the Directors of the Company, so long as the State shall 
have a majority of the stock of said Company. 

4. Be it further enacted, That the lien of the Commonwealth 
upon said road, now existing, be retained in full force for the 
whole debt and interest. 

5. This act shall be in force from and after it shall have been 
accepted by a majority of the Stockholders in general meeting, 
and notice in writing of such acceptance communicated, under 
its corporate seal, to the Board of Public Works. 

The meeting then proceeded to the election of officers, where- 
upon Mr. Wirt Robinson was unanimously elected President of 
the Company. 

Mr. Richard Barton Haxall and Mr. Holden Rhodes were 
unanimously elected Directors on behalf of the Stockholders. 

Mr. Richard Barton Haxall was unanimously elected Vice 
President of the Company. 

Messrs. Francis E. Rives, Charles Ellis and James H. Cox 
were announced to have been appointed by the Board of Public 
Works Directors on behalf of the Slate. 

Messrs. Thomas H. Ellis, James Bosher, Jacob F. Barns, Sa- 
muel Mordecai and Doct. Charles S. Mills, were appointed the 
Committee of Examination, and the attention of said Committee 
was directed to the instructions of the Board of Public Works, 
dated 19th June, 1837. 

Resolved, That the President and Directors take such mea- 
sures in regard to publishing their report, and the proceedings of 
this meeting, as shall seem to them expedient. 

On motion the meeting then adjourned. 

J. F. MAY, Chairman. 

Jno. Williams, Secretary. 



46 
STATEMENT of the affairs of t/ie Richmond and Petersburg Rail Road 



COST OF ROAD AND PROPERTY. 

From Richmond to Petersburg, including in- 
terest, - - - $890,858 06 

Of Branch Road to Port Walthall, including 
purchase of land, wharves, coal tracks, 
cars and steamer Chesapeake, - 48,489 09 



Debts due to tlie Company : 

By individuals on stock, - - 2,960 55 

This Company's stock taken for debt, - 2,765 51 

Open accounts, ... 4,142 66 



$939,347 15 



9,868 72 



Certificate of debt received in exchaage for 

Company's bonds, ... 500 00 

Cash on hand, .... 2,294 01 



$952,009 88 



47 

Compaii/y, from the commencement of the work to the \st of May, 1850, 

CAPITAL STOCK. 

Subscribed by individuals, 3,000 shares, - $300,000 00 

Do. by the State, old stock, 2,000 shares, 200,000 00 

new do. 1,856 " 185,600 00 

$685,600 00 

Debts due by the Company: 

Bonds due in London in 1853, jei2,300 st'g. 

at par, - - - 54,666 67 

Bonds due in Richmond in 1850, - 31,500 00 

86,166 67 

Dividend bonds to the State, - - - 33,408 00 

Debts due by notes and open accounts: 
Notes, - . - 17,185 77 

Open accounts, ... 3,033 70 

20,219 47 

Profit since the commencement of transportation, - 126,615 74 

$952,009 88 



JOHN WILLIAMS, Treasurer. 
Richmo7id, 1st May, 1850. 



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49 



STATEMENT OF TRANSPORTATION EXPENSES 

From 1st May, 1849, to 1st May, 1850. 



Repairs of Rail Road, S20,939 10 

♦ Repairs of Engines and Cars, 16,450 92 

Train Expenses, including Clover Hill Expenses, - - 13,364 72 

Depot expenses, including watching of James River Bridge, 7,387 50 

Repairs of Bridges, 657 18 

Transportation of Passengers, Mail and Baggage, - 1,195 38 

Officers' Salaries, 4,300 00 

Postages, Newspapers, Advertising and Printing, - - 467 64 

Train Losses and Damages, including Coal, . . - 1,125 55 

Contingent Expenses and Insurance against Fire, - - 770 46 

Branch Road Expenses, 1,600 71 

Repairs of depots, 3,177 76 

Office Expenses, 148 38 

Expenses of Steamer Chesapeake, 344 75 

Repairs of Turnpike, ....... 612 49 

$72,543 54 



* This amount includes a new passenger car just placed on the Road. 

JNO. WILLIAMS, Trcasvrer. 
Richmond, \st May, 1850, 



50 



STATEiMENT OF RECEIPTS AND DISBURSEMENTS, 

Within (Ac year ending ZQlh April, 1850. 



Cash on hand, 30th April, 1849, $3,57G 25 

Debts due to the company — Received this sum, - - 171 56 

Certificate of debt, - - Do. - . . . 2,300 00 

Transportation, - - - Do, .... 100,298 86 

DISBURSEMENTS. 

Coslof Road and Property — Increased this sum, $5,688 92 
Liabilities of the Company — Decreased this 

sum, 17,440 59 

Transportation— Expenses of Transportation, 72,542 54 

Interest — Dividend paid the State, and Interest, 8,380 61 

Cash— On hand 30th April, 1850, - - 2,294 01 



$106,346 67 $106,346 67 



JNO. WILLIAMS, Treasurer. 
Richmond, \st, May, 1850, 



REPORT 



PRESIDENT AND DIRECTORS 



THE RICHMOND AND PETERSBURG 



RAILROAD COMPANY, 



THE BOARD OF PUBLIC WORKS, 



THE STATE OF THE COMPANY 



YEAR ENDING SEPTEMBER 30, 1850. 



RICHMOND: 

FEINTED BY RITCHIES <fc DUNNAVANT. 

1860. 



REPORT. 



The board of directors of the Richmond and Petersburg railroad 
company respectfully submit to the Board of public works their an- 
nual statements, shewing the condition of the affairs of the company 
on the 30th of September 1S50. 

It will be seen from these, that the income of the company for the 
past year was $106,244 46, being an increase on that of the previous 
year of $ 5,086 94, and that the expenses of repairs, transportation, 
&c. for the year were $ 76,818 22, making an improvement in the 
business of the year, as compared with that of the previous year, of 
$2,351 17. 

The nett profits of the year, it will be seen, amounted to $ 29,426 24. 
Of this sum $7,952 05 were chargeable to capital stock and interest, 
and the remainder (with the exception of the increased cash funds on 
hand) was applied to a reduction of the company's indebtedness — the 
whole of which, it will be perceived, is $132,030 84, and the avail- 
able means towards meeting it are $14,729 87. 

The board of directors submit to the Board of public works, as a 
part of this report, their report to the stockholders at their annual 
meeting on the 28th May last, and the accompanying documents, and 
certain resolutions of the president and directors of the Petersburg 
railroad company, passed on the 19th of October, with the resolu- 
tions of the president and directors of this company in response 
thereto. 

Signed on behalf of the board, 

WIRT ROBINSON, Fresident. 



At a meeting of the president and directors of the Petersburg rail- 
road company, held October 9th, 1850, the following preamble and 
resolutions were passed : 

Whereas much complaint and objection have recently been urged 
by travellers against the railroad route between Washington and 
Weldon, alleging that in consequence of the distance which sepa- 
rates the depot of the Petersburg railroad from the depot of the Rich- 
mond and Petersburg railroad, they frequently expciience great in- 
convenience and difficulty in passing with their baggage from one to 
the other, and that they often find very inadequate conveyance, and 
sometimes with ladies and children are compelled to encounter on foot 
the dust or mud, or all the severities of season and weather ; that 



these difficulties cause much detention and delay, which, together 
with the other inconveniences and embarrassments passengers are 
subject to, unless they be obviated, must inevitably divert much of 
the travel from this route, and thus seriously injure the companies ; 
and whereas to enable this route to secure and increase the travel, it 
must offer the cheapest, most direct, most comfortable and most expe- 
ditious conveyance, which can only be effected by a junction of the 
railroads, so as to form a continuous line between Weldon and the 
Po'omac river; and whereas to accomphsh this, it will be requisite 
and necessary for the several companies to act in concert, and to bear 
a portion of the expenses incurred in meeting these important con- 
nections ; and as this company has no authority to run its road across 
the Appomattox or through the city of Petersburg, without the assent 
of the corporation: 

Be it therefore resolved, That the president make application to the 
common hall of Petersburg, for permission to construct a track for 
the transportation of passengers and baggage from the depot on Wash- 
ington street, to some convenient point on the south side of the Appo- 
mattox river; and in the event of the same being granted, this board 
will recommend to the stockholders to make it, provided the Rich- 
mond and Petersburg railroad will run their road across the river to 
connect with it. 

Resolved, That a copy of these proceedings be sent to the president 
and directors of the Richmond and Petersburg railroad company, 
with a request that they will unite with us in effecting this important 
object. 



At a meeting of the president and directors of the Richmond and 
Petersburg railroad company, held 21st October 1850, the following 
resolutions were passed : 

Rewlved, That the board are deeply impressed with the importance 
of the proposed connection between this road and the Petersburg 
railroad, entertaining no doubt that it would greatly promote the com- 
fort of travellers and the interest of the company and of the line, and 
that it be recommended to the stockholders to concur in making the 
same. 

Resolved, That in view of the heavy liabilities of the company and 
of the expense necessarily to be incurred in making the connection 
aforesaid, the board regard it as highly expedient, if not indispensa- 
ble, that the company shall be relieved from the dividend bonds due 
the state. 

Resolved, That the Board of public works be requested to recom- 
mend to the general assembh^ to grant such relief, as a measure of 
policy in reference to the interest of the state as a stockholder, and as 
a communitv, and as an act of sheer justice to the private stock- 
holders. 



Statement of the Affairs of the Richmond and Peterslurg Railroad Company 
from the commencement of the work to the 1st of October 1850. 



Capital stock: 

Subscribed by individuals, H.OflO shares, 

Do. by the state, old stock, 2,000 do. 

Do. do. new stock, 1,856 do. 

Debts due by the company : 
Bonds due in London in 1853, £12,300 sterling, 
Bonds due in Richmond, 

BoTids due the state, ... 

Debts due by notes, ... 

Do. by open account, 

Profit since the commencement of transportation. 



300,000 00 
200,000 00 
185,600 00 



54,666 67 
28,500 00 



15,437 25 
18 92 



685,600 00 



83.166 67 
33,408 00 



15,4.56 17 
144,020 76 

$961,651 60 



Cost of road and property: 
From Richmond to Petersburg, 
Of branch road to Port Walthall, 

Debts due to the company: 

By individuals on stock. 
Stock purchased. 
Open accounts, 

Cash on hand, 



892,706 58 
48,489 09 



2.960 55 
2,765 51 
6,558 14 



941,195 67 



12.284 20 
8,171 73 

$9(; 1.651 CO 



JNO. WILLIAMS, Treasurer. 



Statemerit of Receipts and Disbursements in the year ending 'SOth September 1850. 



Receipts : 



2,881 45 



Cash on hand 30th September 1849, 
Sales ol" certificate of debt of Richmond, Fredericksburg and Potomac rail- 
road company, gross amount, .... 1.002 00 
Transportation received, .... 106,246 46 

Disbursements : 

Cost of road and property increased. 

Transportation expenses. 

Interest paid, .... 

Notes and open account due by the company, decreased. 

Open accounts flue to the cumpany, increased, 

Cash on hand 3Uth September 1850, 



5,510 45 
76,818 22 

2,441 60 
15.283 68 

],904 23 

8,171 73 



§110.129 91 110.129 91 



JNO. WILLIAmII, Treasurer. 



Rkkinoud, \st Ouoler 1850. 



Detailed Statement of Receipts in the year ending SOth September 1850. 



MONTHS. 


> 
o 


o 

3 
O 


Freight. 


Branch Road 
Freight. 


6 
o 


Clover Hill tra- 
vel, and Mis- 
cellaneous 
Freight. 


TOTAL. 


1849— October, 


2386 25 


1147 62 


1371 73 


279 00 


2627 50 


204 04 


8016 14 


November, - 


2721 99 


685 29 


1120 07 


147 68 


1480 20 


103 40 


6258 63 


December, - 


2930 38 


679 52 


1239 04 


177 57 


1367 60 


122 03 


6516 44 


1850 — January, 


2508 44 


755 77 


1403 87 


846 90 


1252 90 


110 83 


6878 71 


February, 


3178 74 


1176 62 


1257 68 


183 75 


1604 50 


210 75 


7617 04 


March, 


281G 24 


1854 17 


1263 02 


436 11 


2142 40 


265 57 


8777 51 


April, 


2165 63 


1287 67 


1618 36 


398 62 


1885 60 


255 12 


7611 00 


May, 


2522 75 


1100 88 


2474 43 


157 70 


1795 00 


324 39 


8375 15 


June, 


2176 05 


1033 39 


2836 84 


148 02 


1223 50 


284 63 


7702 43 


July, 


2944 04 


]540 08 


2369 96 


173 36 


1350 60 


236 28 


8614 32 


August, 


2761 00 


2160 64 


1708 02 


1.550 88 


2270 00 


195 13 


10645 67 


September, - 


2876 33 


2537 52 


1539 44 


197 33 


2538 70 


229 58 


9918 90 




31987 84 


15959 17 


20202 46 


4701 92 


21538 50 


2541 75 


96,931 64 



Transportation of mail, 

Travel and freight per Norfolk and Walthall steamer. 

Tolls from passengers over James river bridge, 



Tolls on Manchester and Petersburg turnpike, 



5,818 48 

3,334 31 

115 00 

106,199 43 
47 03 

$106,246 46 



Richmond, 1st October 1850. 



JNO. WILLIAMS, Treasurer. 



Statement of Freight Transportation on the Richmond and Petersburg Railroad, 
and the Branch Road to Port Walthall, in the year ending ^Oth Sept. 1850. 

Tobacco, - . 11,120 hhds. 

Cotton, - - 1,816 bales. 

Flour, - - - 55,988 bbls. 

Coal, Clover Hill, - 1,076,925 

By the Chesterfield railroad, 10,275 

1,087,200 bushels. 

Groceries, dry goods and miscellaneous freight, amounting to $ 8,606 42 



PROCEEDINGS 

OP 

THE STOCKHOLDERS 

IN THE 

RICHMOND AND PETERSBURG 

EAIL ROAD COMPANY, 

AT 

THEIR GENERAL MEETINGS, 

AND 

REPORTS 

MADE BY THE PRESIDENT AND DIRECTORS 

TO THE 

STOCKHOLDERS. 

SIXTEENTH MEETING, MAY 27, 1851. 



RICHMOND: 

p. D. BERNARD, PRINTER, SOUTH TWELFTH STREET. 

1851. 



SIXTEENTH 
MEETING OF THE STOCKHOLDERS, 

Held on Tuesday, May 27th, 1851. 



At a meeting of Stockholders of the Richmond and Peters- 
burg Rail Road Company, at the office of the Company in Rich- 
mond, on Tuesday 27th May, 1861, 

Judge John F. May was appointed Chairman of the meeting, 
and John Williams, Secretary. 

There being present, in person and by proxy, private Stock- 
holders entitled to 1,957 votes, and the proxy of the Board of 
Public Works, James Lyons, Esq. entitled to 505 votes, being in 
all 2,462, (the whole number that could be given being 2,698,) 
the meeting proceeded to business. 

The following report was presented by the President and Di- 
rectors, and read : 



ANNUAL REPORT. 

The Board of Directors of the Richmond and Petersburg Rail 
Road Company respectfully submit to the Stockholders their 
Annual Report of the condition of the affairs of the Company. 

It will be seen from the accompanying statements, that the gross 
income of the Company for the year ending the 30th of April 
last, was $117,409 61, being an increase on the income of the 
previous year of $17,110 81, and that the expenses of the past 
year were $76,026 09, making an improvement in the business 
of the Company, as compared with that of the previous year, of 
$13,627 26. 

Out of the income of the past year the Board have been ena- 
bled to reduce the liabilities of the Company the sum of $27,200 
65, leaving their whole indebtedness at this time $112,674 67. 



52 

Under these circumstances, the Board of Directors might, it is 
believed, at an early day commence the payment of a moderate 
dividend to the Stockholders, if they could either convert into 
stock or fund the debts now due, or shortly to become due, by the 
Company. 

With a view to the former object, the Board of Directors, in 
compliance with the instructions of the Stockholders at their last 
annual meeting, applied to the Legislature for the right to issue 
new shares of stock at a reduced value, without the necessity of 
reducing the whole capital stock of the Company, as required by 
the act of April, 1848. They at the same time applied to be 
relieved of the payment of the dividend bonds due the State, on 
condition of constructing a bridge across the Appomattox river 
at Petersburg, to connect with the Petersburg and Roanoke, 
and South Side Roads. They regret that their application 
failed, and in consequence, there is no prospect, notwithstanding 
the improved condition of the Company, of the early payment of 
a dividend to the Stockholders, unless it should be deemed advi- 
sable to reduce the capital stock of the Company, under the act 
of April, 1848, and be then found practicable to create new shares 
at a reduced rate, or it should be in the power of the Company 
to fund the debts now due, and to extend the period of those 
shortly maturing. The Board of Directors would recommend 
the effort being made to extend or renew the loans of the Com- 
pany to a period not earlier than the 1st of July, 1859. Should 
it prove successful, they entertain a strong confidence that a divi- 
dend of three per cent, may be paid, both to the State and pri- 
vate Stockholders. 

Signed on behalf of the Board. 

WIRT ROBINSON, President. 

May 27tk, 1851. 

Whereupon the said report and the documents therein referred 
to, were received approved and ordered to be recorded. 

The following report of the Committee of Examination was 
read : 

The undersigned, a committee appointed at the last annual 
meeting, in pursuance of a standing order of the Stockholders, 
respectfully report : 

That on a careful and sutTicient personal examination, they 
find the road, bridges, water stations, workshops, cars, engines 
and depots of this Company in excellent order — improved decid- 
edly since last reported upon — and comparing favorably, as they 
believe, with the works and the condition of any road of like 
construction in this country. At Petersburg, the depot has been 



53 

repaired, a new shed thirty by eighty feet has liieen erected for 
the reception of tobacco, a new Jiouse for the hands built, and 
about four hundred feet of tressel work and track made for the 
accommodation of the increased coal trade there. In Richmond, 
the depot has been improved by the erection of a fire-proof 
safe for the preservation of the books and papers of the Com- 
pany, and by the introduction of gas for light ; and additional 
tools and new and improved machinery have been provided in 
the shops. Tl^ bridge over James riv^er has been put in thorough 
repair, and materials have been purchased and are now on hand 
for re-paintlng it. The current books and accounts of the Com- 
pany were examined sufficiently to satisfy your committee that 
they are faithfully, accurately and neatly kept. The system of 
checks and balances which prevails in the office, as well with 
regard to the receipts as to the expenditures, would seem to render 
it difficult for any error or defalcation to occur without immediate 
detection. Nevertheless, your committee do not doubt that it 
would be more satisfactory, both to the Officers in charge of this 
department, and to the Stockholdeis, that a critical examination 
and comparison of the books with the vouchers should be made 
by a competent accountant. Some inquiry for such a person was 
recently instituted by your committee, but the inquiry having 
been too long delayed to admit of the work being executed in a 
satisfactory manner prior to this meeting of the Stockholders, was 
postponed for another year — unless it should be your pleasure to 
ordei' sucli an investigation now, under the direction of a new 
committee. 

All of which is respectfully submitted. 

THOMAS H. ELLIS, 
JAMES BOS HER, 
JACOB F. BARNS. 

Whereupon the said report was received, approved and ordered 
to be recorded. 

The following resolutiori, offered by Mv. Hoiden Rhodes, was 
unanimously adopted : 

Resolved, For the purpose of extending, in whole or in part, 
the debts of the Company, or of renewing the same, that the 
President and Treasurer be and they are hereby authorized to 
issue certificates of debt, payable not earlier than the 1st day of 
July, 1859, the interest on the said certificates to be payable semi- 
annually, and the said certificates to be convertible into stock of 
the Company at par, at the option of the holder, and that the 
President and Directors be authorized to give such security on 



54 

the property of the Company, for the payment of the interest and 
principal of the said ceriificates, as they may deem advisable. 

And whereas no action appears yet to have been had, under a 
resolution adopted at the meeting of Stockholders on the 20th of 
November, 1843, when an act, passed March 25lh 1843, entitled 
*' An Act converting into stock the State's loan to sundry Rail 
Road Companies, and for other purposes," was accepted, which 
resolution was in the following words, viz : " Resolved, That at 
the times of making to the Commonwealth the semi-annual divi- 
dends required by the said act, the Board of Directors be and 
they are hereby instructed to pass to the credit of the individual 
stockholders of the Company, any surplus of net profits, not ex- 
ceeding one a half per cent, on the amount of the individual 
stock, the said surplus to be paid over to the individual Stock- 
holders respectively, forthwith, if the Company's affairs permit ; 
or if otherwise, to be paid with interest, whenever the situation 
of the Company may admit of its being done:" Be it therefore 

Resolved, That the President and Treasurer be authorized to 
issue certificates of debt as above authorized, to any Stockholder 
or his assigns, who may be willing to receive the same, in lieu 
of the amount to which he or they would be entitled under the 
above resolution. 

The meeting then proceeded to the election of officers, where- 
upon Mr. Wirt Robinson was unanimously elected President of 
the Company. 

Messrs. Richard Barton Haxall and Holden Rhodes were una- 
nimously elected Directors on behalf of the Stockholders. 

Messrs. Francis E. Rives, James H. Cox and Roscoe B. Heath 
were announced to have been appointed Directors on behalf of 
the State by the Board of Public Works. 

Messrs. James Bosher and Jacob F. Barns, Dr. Charles S. 
Mills, and Messrs. Samuel Mordecai and Frederick Anderson 
were appointed the Committee of Examination. 

Resolved, That the President and Directors take such mea- 
sures in regard to publishing their report, and the proceedings of 
this meeting, as shall seem to them expedient. 

On motion, the meeting then adjourned. 

J. F. MAY, Chairman. 
John Williams, Secretary. 



66 
STATEMENT of the affairs of the Richmond and Petersburg Bail Road 

COST OF ROAD AND PROPERTY. 

From Richmond to Petersburg, including 

interest, .... 3^894,801 71 

Of Branch Road to Port Walthall, including 
purchase of land, wharves, coal tracks, 
cars and steamer Chesapeake, - 48,489 09 

S943,290 80 

Debts due to the Company: 
This Company's stock taken for debt, - 5,376 06 

Open accounts, .... 8,422 24 

13,798 30 

Cash on hand, . . ' . . . 4,870 45 

$961,359 55 



57 

Company, from the commcncemejit of the work to the 1st of May, ]851. 

CAPITAC, STOCK. 

Subscribedby individuals, 3,000 shares, - S300,C00 

Do. by the State, old stock, 2,000 shares, 200,000 

new do. 1856 " 185,6U0 

$685,600 00 

Debts due by the Company: 
Bonds due in London in 1853, £12,300 st'g. at 

par, 54,666 67 

Bonds due in Richmond, - - - 24,500 00 

79,166 67 

Dividend bonds to the State, .... 33,408 00 

Debt due by open account, - - - - 18 92 

Profit since the commencement of transportation, - 163,765 96 

S96 1,959 55 



JOHN WILLIAMS, Treasurer. 
Richmond, 1st May, 1851. 



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STATEMENT OF TRANSPORTATION EXPENSES 
rrom \st May, 1850, to \st May, 1851. 



Repairs of Rail Road, $14,685 64 

Repairs of Engines and Cars, ... - 20,971 04 

Train Expenses, including Clover Hill Expenses, - 14,899 95 
Depot Expenses, including Watching of James River Bridge, 7,778 10 

Repairs of Bridges, ..... 2,180 GQ 

Transportation of Passengers, Mail and Baggage, - 1,518 52 

Officers' Salaries, 4,425 00 

Postages, Newspapers, Advertising and Printing, - 496 70 

Train Losses and Damages, including Coal, - - 558 16 

Contingent Expenses and Insurance against Fire, - 873 76 

Branch Road Expenses, ..... 2,591 83 

Repairs of Depots, ..... 3,679 55 

Office Expenses, -..--- 158 96 

Expenses of Steamer Chesapeake, - . - 1,043 98 

Repairs of Turnpike, - - - - - 164 24 

$76,026 09 



JOHN WILLIAMS, Treasurer. 

Richmond, \st May, 1851. 



60 



STATEMENT OP RECEIPTS AND DISBURSEMENTS, 

Within the year ending 'iQth April, 1851. 



Cash on hand 30ih April, 1850, .... $2,294 01 
Ceriificate of debt— Received this sum, - - - 500 00 

Transportation, Do. ... 117,409 67 

DISBURSEMENTS. 

Cost of Road and Property — Increased this sum, S3,943 65 
Liabilities of the Company — Decreased this 

sum, ..... 27,200 55 

Transportation — Expenses of Transportation, 76,026 09 

Interest— Paid the State and on Loans, - 4,233 36 

Cash— On hand 30th April, 1851, - - 4,870 45 

Debts due to the Company — Increased this sum, 3,929 58 



$120,203 68 8120,203 68 



_. JOHN WILLIAMS, Treasurer. 

Richmond^ 1st May, 1851. 



PROCEEDINGS 



THE STOCKHOLDERS 



RICHMOND AND PETERSBURG 

RAIL ROAD COMPANY, 

AT 

THEIR GENERAL MEETINGS, 

AND 

REPORTS 

MADE BY THE PRESIDENT AND DIRECTORS, 

TO THE 

STOCKHOLDERS. 

SEVENTEENTH MEETING, JUNE 1, 1852. 



RICHMOND: 

p. D. BERNARD, PRINTER, SOUTH TWELFTH STREET. 

1852. 



SEVENTEENTH 
MEETING OF THE STOCKHOLDERS, 

Held on Tuesday, June 1st, 1852. 



At a meeting of Stockholders of the Richmond and Peters- 
burg Rail Road Company, at the office of the Company in Rich- 
mond, on Tuesday, 1st June, 1852, 

Mr, William F. Watson was appointed Chairman of the meet- 
ing, and John Williams, Secretary. 

There being present, in person and by proxy, private Stock- 
holders entitled to 1,975 votes, and the proxy of the Board of 
Public Works, Mr. William F. Watson, entitled to 605 votes, 
being in all 2,480, (the whole number that could be given being 
2,831,) the meeting proceeded to business. 

The following report was presented by the President and Di- 
rectors, and read : 

ANNUAL REPORT. 

The Board of Directors of the Richmond and Petersburg Rail 
Road Company respectfully submit to the Stockholders their 
Annual Report and Statements, showing the condition of the 
affairs of the Company on the 30th of April, 1852. 

The whole income of the Company during the past year, it 
will be perceived, was $1 10,060 94, and the whole expenditures 
of the Company were $80,740 02, leaving a balance of $29,320 
92. Out of this balance, after meeting all payments of interest, 
the Board were enabled to effect a reduction in the previous in- 
debtedness of the Company of $12,500, leaving their whole in- 
debtedness at this time, including the certificates of debt for divi- 
dends authorized to be issued at the last meeting of Stockholders, 
$167,689 67. 

Under the instructions of the Stockholders at their annual meet- 
ing on the 28th of May, 1850, the Board of Directors renewed their 
application to the Legislature at its present session, for the right 
to issue new shares of stock at a reduced value, without reducing 



62 

the whole capital stock of the Company, as requh-ed by the Act 
of April, IS4S. A bill to this effect has passed the House of 
Delegates and is now before the Senate. The Board of Direc- 
tors trust that it may become a law in such form as may be ac- 
ceptable to the Stockholders, and that they may be enabled under 
it, either to convert the debts due by the Company into stock, or 
into a loan payable at a remote day, convertible into stock. 

Signed on behalf of the Board, 

WIRT ROBINSON, Pres't. 

\st June, 1852. 

SUPPLEMENTARY REPORT. 

At a meeting of the Board of Directors, held this day, it ap- 
pearing to the Board that the reduction on the rate of transporta- 
tion of Clover Hill coal to Port Walthall had resulted injuriously 
to the interests of the Company, it was resolved that the rate 
should be restored from one and a half to two cents per bushel 
from and after the 1st of July next. 

WIRT ROBINSON, Pres'l. 

\st June, 1862. 

The report, and the statements therein referred to, were then 
adopted. 

The following report of the Committee of Examination was 
read: 

The undersigned, a Committee appointed at the last annual 
meeting, in pursuance of a standing order of the Stockholders, 
respectfully report : 

That on a careful and personal examination they find the road 
(with the exception of some parts of it that require drainage and 
which could not be done owing to the recent wet weather during 
the spring) in good order. The bridges, water stations, work- 
shops, cars, engines and depots of the Company are all in excel- 
lent order, and reflect credit on the Superintendent. 

The books and accounts of the Company have been examined 
by two of your committee, and are found faithfully, neatly and 
correctly kept. 

All of which is respectfully submitted. 

JAMES BOS HER, 



Richmond, 29th May, 1852. 



CHARLES S. MILLS, 
FRED. ANDERSON, 
JACOB F. BARNS. 



€3 

Whereupon, the said report was approved. 

On motion of Mr. Henry C. Cabell, 

Resolved, That the Board of Directors be requested to cause 
the road to be re-laid with heavy iron, so soon as the financial 
condition of the Company will admit of it. 

On motion of iVIr. Holden Rhodes, 

Resolved, unanimoushj, That the Board of Directors be, and 
ihey are hereby authorized to renew the debt due in England for 
such a term of years as ihey may deem expedient, and find 
practicable. 

The meeting then proceeded to the election of officers. 

Whereupon, Mr. Wirt Robinson was elected President of the 
Company. 

Mr. Richard Barton Haxall and Mr. Holden Rhodes were 
elected Directors on behalf of the Stockholders. 

Mr. Francis E. Rives, Mr. .Tames H. Cox and Mr. Roscoe B. 
Heath v/ere announced to be continued as Directors on behalf of 
the State by virtue of their former commissions from the Board 
of Public Works. 

Mr. James Eosher, Mr. Henry C. Cabell, Dr. Charles S. Mills, 
Mr. Frederick Anderson and Mr. Sam'l Mordecai were appointed 
the Committee of Examination, with power to appoint a compe- 
tent clerk if they deem it advisable. 

Resolved, That the President and Directors take such mea- 
sures in regard to publishing their report and the proceedings of 
this meeting, as shall seem to them expedient. 

On motion, the meeting then adjourned. 

WM. F. WATSON, Chairman. 
John Williams, Secretary. 



64 

STATEMENT of the affairs of the Richmond and Petersburg Rail Road 

COST OF ROAD AND PROPERTY. 

From Richmond to Petersburg, including in- 
terest, ----- $898,493 66 
Of Branch Road to Port Walthall, including 
purchase of land, wharves, coal tracks, cars 
and steamer Chesapeake, - - 48,489 09 

946,982 75 

Debts due to the Company: 
This Company's stock taken for debt, - 5,376 06 

Open accounts, - - - - 9,292 09 

14,668 15 

Cash on hand, 12,194 87 



S973,845 77 



65 

Company, from the commencement of the work to the \st of May, 1852. 

CAPITAL STOCK. 

Subscribed by individuals, 3,000 shares, - $300,000 

Do. by the State, old stock, 2,000 shares, 200,000 

new do. 1,856 " 185,600 



Debts due by the Company : 
Bonds due in London in 1853, £12,300 st'g. at 

par, 54,666 67 

Bonds due in Richmond, - - - 12,000 00 



S685,600 00 



66,666 67 



Dividend bonds to the State, .... 33,408 00 
Certificates of debt to Stockholders for divi- 
dends, 62,751 69 

Amount to credit of individual Stockholders, 4,556 61 

*67,308 30 

Unclaimed interest on certificates of debt, - - 306 70 

Profit and loss, 120,556 10 

S973,845 77 



JOHN WILLIAMS, Tixasurer. 
Richmond, l$t May, IS 52. 



* This increase in the indebtedness of the Company was made by transferring 
the amount from the credit of profit and loss account to the credit of the indivi- 
dual stockholders. 



66 






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67 



STATEMENT OF TRANSPORTATION EXPENSES 
F^om 1st May, 1851, to 1st May, 1852. 



Repairs of Rail Road, ..... $14,906 77 

Repairs of Engines and Cars, .... 21,747 07 

Train Expenses, including Clover Hill Expenses, - * 17,105 51 
Depot Expenses, including watching of James River Bridge, 8,826 41 

Repairs of Bridges, ..... 2,922 57 

Transportation of Passengers, Mail and Baggage, - 1,286 92 

Officer's Salaries, ..... 4^261 66 

Postages, Newspapers, Advertising and Printing, - 488 36 

Train Losses and Damages, including Coal, . . 416 65 

Contingent Expenses and Insurance against Fire, - 665 62 

Branch Road Expenses, ..... 4,124 21 

Repairs of Depots, ..... 1,518 10 

Office Expenses, ...... 172 17 

Expenses of Steamer ChesapeakCj - - » 928 83 

Repairs of Turnpike, ..... 1,369 17 

S80,740 02 



JOHN WILLIAMS, TVeasurer. 
Richmond, 1st May, 1852, 

* This amount includes an increase in the stock of wood of 2,000 cords over 
the stock on hand at this time last year. 



68 



STATEMENT OF RECEIPTS AND DISBURSEMENTS, 

Within the year ending 30th April, 1852. 



RECEIPTS. 

Cash on hand 30th April, 1851, .... $4,870 45 
Amount of Certificates of Debt issued and of credit to in- 
dividual Stockholders, 67,308 30 

Transportation— Received this sum, . - - 110,060 94 

DISBURSEMENTS. 

Cost of Road and Property — Increased this sum, $3,691 95 
Debts due by the Company — Decreased this sum, 12,212 22 
Debts due to the Company — Increased this sum, 869 85 
Transportation — Expenses of Transportation, 80,740 02 
Interest— Paid this sum, ... 5,222 48 

Transfer from Profit and Loss Account to credit 

of individual Stockholders, - - 67,308 30 

Cash— On hand 30th April, 1852, - - 12,194 87 



$182,239 69 $182,239 69 



JOHN WILLIAMS, Treasurer. 
Richmond, 1st May, 1852. 



PROCEEDINGS 



OP 



THE STOCKHOLDERS 

IN THE 

RICHMOND AND PETERSBURG 

RAIL ROAD COMPANY, 

AT 

THEIR GENERAL MEETINGS, 

AND 

REPORTS 

MADE BY THE PRESIDENT AND DIRECTORS, 

TO THE 

STOCKHOLDERS, 

EIGHTEENTH MEETING, MAY 31, 1853. 



RICHMOND: 

p. D. BERNARD, PRINTER, SOUTH TWELFTH STREET. 

1853. 



EIGHTEENTH 

ANNUAL MEETING OF THE STOCKHOLDERS, 

Held on Tuesday, May 31st, 1853. 



At a meeting of Stockholders of the Richmond and Petersburg 
Rail Road Company, at the office of the Company in Uichmond, 
on Tuesday, 31st May, 1853, 

General Jaquelin B. Harvie was appointed Chairman of the 
meeting, and John Williams, Secretary. 

On motion of Mr. R. B. Heath, a committee was appointed to 
examine proxies, and the Chairman appointed Messrs. R. B. 
Heath, Joseph M. Myers and Anderson P. Miller. 

The Committee reported that they had examined the proxies, 
and found them to correspond wiih the list thereof; which report 
was, on motion of Mr. G. A. Myers, approved. 

There being present, in person and by proxy, private Stock- 
holders entitled to 1367 voles, and the proxy of the Board of 
Public Works, Mr. William F. Watson, entitled to 971 votes, 
being in all 2338, (the whole number that could be given being 
2525,) the meeting proceeded to business. 

The following report was presented by the President and Di- 
rectors, and read : 

ANNUAL REPORT. 

The Board of Directors of the Richmond and Petersburg Rail 
Road Company respectfully submit the accompanying statements, 
showing the condition of the affairs of the Company on the 30ih 
of April, 1863. 

It will be seen from them, that the whole income of the Com- 
pany for the past year was $126,017 33, being an increase on 



72 

that of the preceding year of $15,956 39, and that the amount 
of transportation expenses for the year was $84,999 72, being 
an increase of $4259 70 on those of the previous year. The 
surplus income of the year, after meeting the payments of inte- 
rest, it has been deemed judicious by the President (in view of 
the double mail schedule and of the increasing business of the 
road) to expend, in adding to the stock of locomotive power, cars 
and carriages, and in exiendmg and improving the wharves and 
trussel work for the coal trade at Port Wall hall. These expen- 
ditures are introduced among the disbursements of the j'ear under 
the head of "extraordinary expenses," and are exhibited m detail 
in I he statement so marked. 

The bill referred to in the last annual report to the Stockholders 
as havmg passed the House of Delegates, has since become a 
law, and is herewith submitted for the consideration of the Stock- 
holders. 

Signed on behalf of the Board, 

WIRT ROBINSON, President. 

On motion of Mr. Moncure Robinson, the said report was re- 
ceived. 

A letter from Mr. Wirt Robinson to the Stockholders, declining 
a reelection to the olfice of President, was read, and on motion of 
Mr. G. A. Myers, was laid on the table. 

The following act of the General Assembly of Virginia was 
read: 

AN ACT 

In relation to the Richmond and Petersburg Hail Road, passed 
March 2'Uh, 1853. 

Whereas, it is an objpct that the debts of the Richmond and 
Petersburg Rail Road Company should be convened into stock, 
and the Company thereby be placed in a condition to pay divi- 
dends, and the large interest of the Commonwealth in said 
Company be thus made productive; therefore 

Be it enacted by the General Assembly, That the President and 
Directors of the Richmond and Petersburg Rail Road Company 
be and they are hereby authorized, to sell in such mode as they 
may deem advisable, and for such prices as they may deem it 
for the interest of the Company to accept, as many additional 
shares of capiial stock, as may be requisite lo meet the liabilities 
of the Company; provided that such additional shares shall not 
be sold Jor less than fifiy dollars per share; provided, also, that 
the Board of Public Works shall have the option of purchasing 



73 

within thirty days after the acceptance of this Act by the Com- 
pany, anrl after said acceptance shall have been duly cenified to 
said Board to the extent of the indebtedness of the Company to 
the State, the stock authorized by this Act, if the said Board 
shall deem such purchase desirable on the part of the State. 

This Act shall be in force from and after its acceptance by a 
majority of stockholders in general meeting. 

State of Virginia, 

City of Richmond, to wit: 

I, St. G. Tucker, Clerk of the House of Delegates and Keeper 
of the Rolls of the Comtnonwealih of Virginia, do hereby certify 
that the foregoing is a true copy of an Act passed by the General 
Assernbly on the twenty-fourth day of March, eighteen hundred 
and fifty-three. Given under ray hand May 28ih, 1853, 

ST. G. TUCKER, C. H. D. and 

Keeper of the Rolls of Virginia. 

Mr. G. A. Myers offered three resolutions, which were read. 

Mr. R. B. Fleath moved to amend the second resolution of Mr. 
Myers by substituting the sum of $105, UOO for the sum of 
$175,001), which motion was rejected. 

The first resolution offered by Mr. Myers was then adopted — 
ayes 1912, noes 408. 

Mr. Heath offered an addition to the second resolution of Mr. 
Myers, which addition was adopted. 

'J'he second resolution offered by Mr. Myers, with the addition 
of Mr. Heath, was then adopted — ayes 1864, noes 445. 

The third resolution offered by Mr. Myers was then adopted — 
ayes 1873, noes 436. 

The following is a copy of the three resolutions offered by Mr. 
Myers, which were adopted, with the addition to the second reso- 
lution offered by Mr. Heath: 

I. Resolved, That the Act of the General Assembly of Vir- 
ginia, entitled An Act in relation to the Richmond and Petersburg 
Rail Road, passed March 24ih, 1853, be, and the saiTie is hereby 
accepted by this Company ; and that the President and Treasurer 
certify to the Board of Public Woiks this acceptance of the same 
at this date. 

And, whereas, in view of the present market price of the stock 
of this Company, it is not probable that a sale of its stock could 
be negotiated at fifiy dollars per share; whilst it is believed, that 
a loan, payable at a remote date convertible into the stock of the 
Company, would probably be gradually converted into stock, and 



74 

the Company be enabled at an early period to improve its road, 
and to pay dividends : 

II. Be it therefore Resolved, That the President and Treasurer, 
(the Board of Directors concurring in the expediency of this re- 
sohiiion,) be, and they are hereby authorized and instructed to 
issue, and the President to dispose of, coupon bonds of the Com- 
pany, bearing six per cent, inierest, in amounts of $500 each, 
payable at the office of the Company on the 1st day of Jul}', 
1875, to such extent, not exceeding in the aggregate $175,000, 
as may be requisite, to defer the period of the payment of the 
liabilities of the Company, or of any poriion thereof to the date 
above speciiied ; the inierest on the said bonds to be payable 
semi-annually at the said office on the 1st days of January and 
July of each year; and each of the said bonds to be made upon 
their face, convertible into ten shares of the capital stock of the 
Company at the pleasure of the holder; provided that for the 
term of thirty days the President allow to any stockholders of this 
CoiDpany, who may desire to do so, the privilege, in preference 
to oihers, of purchasing said bonds in the ratio of their inierest 
in the slock of this Company, provided such ratio shall entitle 
them to purchase one or more bonds, and that he be authorized 
to receive payment of the same of any stockholder in instalments 
extended over a period not exceeding six months. 

III. Resolved, Thai to secure the punctual payment of the inte- 
rest and principal of the said bonds, the President be and he is 
hereby authorized and instructed to execute and deliver to such 
person as he may see fit, a deed of trust or mortgage, in the most 
secure and binding form, on all the works and properly, rights, privi- 
leges and franchises of ihe Company, acquired and to be acquired, 
condiiioned for ihe punctual payment of the interest and principal of 
the said bonds; and especially, providing that if the interest due 
on any of the said bonds shall be and remain unpaid for the period 
of sixty days, after the same shall be due and demanded, ihe 
principal sum of all the said bonds outstanding shall forthwith 
be due and payable, and it shall be the duty of the trustee named 
in the deed, or any successor named in or appointed under the 
same, on the demand of the holder of any such bond or bonds, 
to sell ai public auction, in the city of Richmond, (giving at least 
forty days notice of the time, place and terms of sale by publica- 
tion in one or more newspapers published in each of the cities of 
Richmond, Philadelphia and New York) the works and properly, 
rights, privileges and franchises conveyed in ihe said deed ; and 
out of the proceeds of said sale to pay the principal and interest 
due on all the said bonds, which may be then outstanding; 
although the said interest, should, after the said period of sixty 



76 

days shall have elapsed, be tendered. And the President and 
Treasurer are hereby authorized and instructed to deliver to the 
trustee named in the deed, or to any successor named in or ap- 
pointed under the same, all contracts, papers and agreements or 
other insiruments of writing necessary for the purpose of carry, 
ing into full effect, now, or at any time hereafter, the provisions 
of the said deed of trust or mortgage. 

The following report of the Examining Committee was read 
and approved : 

Richmond, 3lst May, 1853. 

The undersigned, one of the Committee appointed at the last 
annual meeting in pursuance of a standing order of the Stock- 
holders, respectfully reports, that on Saturday, 28ih May, he made 
a careful examination of the depot and work shops in Richmond 
and Pocahontas, as well as of the whole road, water stations, 
bridges, &c. from Richmond to Petersburg, and the branch road 
to Port Walthall, all of which he found in good order; the road 
he thinks is in better order than he has seen it for many years. 

The other members of the Committee were unable to attend, 
but I understand they have examined the books and accounts, 
and I presume will report thereon. 
Respectfully submitted, 

JAMES BOSHER. 

As one of two of the Committee who examined the books and 
accounts of the Company, I take pleasure in reporting that, as 
far as I could conveniently to myself make the examination, they 
have been accurately kept and much care and neatness have been 
bestowed on them. 

Very respectfully, 

FRED. ANDERSON. 
31s; May, 1853. 

Mr. R. B. Heath offered a resolution for the adoption of certain 
by-laws; whereupon, on motion of Mr. Holden Rhodes, 

Resolved, That a committee of three be appointed by the Chair- 
man, to consider the resolution offered by Mr. Heath, and the 
subject of by-laws generally; to make report to the Board of 
Directors by the 15th of June; that the Board shall cause the 
report to be printed and transmitted to the Stockholders before the 
next meeting; and that the Stockholders shall meet to consider 
the subject of by-laws on the 25th of July next at 12 o'clock. 

The Chairman appointed Messrs. Holden Rhodes, Roscoe B. 
Heath and Gustavus A. Myers the said committee. 

On motion, the meeting then proceeded to the election of officers. 



76 

On motion of Mr. Rhodes, Mr. Peter V. Daniel, Jr. was unani- 
mously elected President of the Company. 

On motion of Mr. Ivloncure Robinson, Messrs. Holden Rhodes 
and Richard Barton Haxall were elected Directors on behalf of 
the Stockholders. 

Messrs. Francis E. Rives, Roscoe B. Heath and James H. Cox 
were announced to have been appointed Directors on behalf of 
the State. 

Messrs James Bosher, Wirt Robinson, Frederick Anderson, 
Henry C. Cabell and Dr. Charles S. Mills were appointed the 
Committee of Examination, wiih power to appoint a competent 
clerk, if ihey deem it advisable. 

On motion, 

Resolved, That the President and Directors take such measures 
in regard to publishing their report and the proceedings of this 
meeting as shall seem to them expedient. 

The meeting then adjourned to the 25th of July, 1853, at 12 
o'clock. 

J. B. HARVIE, Chairman. 

John Williams, Secretary. 



78 
STATEMENT of the affairs of the Richmond and Petersburg Rail Road 

COST OF ROAD AND PROPERTT. 

From Richmond to Petersburg, including in- 
terest, S902,173 02 

Of branch road to Port Walthall, including 
purchase of land, wharves, coal tracks and 
cars, .'.... 45,53909 



S947,712 11 



Debts due to the Company. 
This Company's stock taken for debt, - 5,376 06 

Open accounts, ... - 13,857 57 

Cash on hand, 6,941 64 



19,233 63 



S973,887 38 



79 

Company, from the commencement of the work to the \$t of May, 1853. 

CAPITAL STOCK. 

Subscribed by individuals, 3000 shares, - $300,000 

Subscribed by the State, old stock, 2000 shares, 200,000 

new do. 1856 " 185,600 

$685,600 00 

Debts due by the Company. 
Bonds due in London, £12,300 st'g. at par, 54,666 67 

Bonds due in Richmond, - - - 12,000 00 

66,666 67 

Dividend bonds to the State, .... 33,408 00 
Certificates of debt to Stockholders for divi- 
dends, 65,319 12 

Amount to credit of individual Stockholders, 1,'J89 18 

67,308 30 

Unclaimed interest on certificates of debt, 505 15 

Interest on bonds due in London, - 1,839 08 



2,344 83 
Profit and loss, 118,559 58 



173,887 38 



JOHN WILLIAMS, Treasurer. 
Richmond, 1st May, 1853. 



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STATEMENT OF TRANSPORTATION EXPENSES 
Provi 1st May, 1852, to 1st May, 1853. 



Repairs of Rail Road, - . - - 

Repairs of Engines and Cars, . . - 

Train expenses, including Clover Hill expenses, 
Depot expenses, including walching of Janaes River Bridge 
Repairs of Bridges, .... 

Transportation of Passengers, Mail, and Baggage, 
Officers' Salaries, .... 

Postages, Newspapers, Advertising and Printing, 
Train Losses and Damages, including Coal, 
Contingent expenses and Insurance against Fire, 
Branch Road expenses, .... 
Repairs of Depots, .... 

Office expanses, . - . . - 

Repairs of Turnpike, . . - - 



JOHN WILLIAMS, Treasurer. 
Richmond, 1st May, 1853. 



$22,627 31 


17,840 45 


19,178 17 


ige, 11,083 50 


317 51 


1,584 68 


4,375 00 


494 23 


1,688 58 


1,438 05 


2,335 33 


1,885 92 


147 61 


3 39 


S84,999 72 



82 



STATEMENT OF EXTRAORDINARY EXPENSES, 
From \st May, 1852, to \st May, 1853, 



Two new Locomotive Engines and Tenders, - - $14,470 53 

On account of one Engine and Tender unfinished, - 2,415 29 

Two new Passenger Cars, .... 4,306 78 

Ten 8 wheeled Plaiibrm Cars, at S500 each, - - 5,000 00 

Two 8 wheeled Box Cars, at JiiG25 each, - - 1,250 00 

One new 8 wheeled Tender, .... yi2 00 

Twenty new Coal Cars, at $280 each, - - - 5,000 00 

Three new Baggage Crates, at S75 each, - - 225 00 

S34,179 60 
New wharves and trussel work for accommodation of coal 
trade at Walthall, - - - , - - 2,071 54 

S36,251 14 



83 



STATEMENT 
OJ Receipts and Disbursements within the year ending the 20th Ap'il, 1853. 



Cash on hand 30th April, 1852, ... - $12,194 87 

Cost of branch road and property — Decreased this sum, 2,950 00 

Debts due by the Company — Increased this sum, - 2,038 13 

Transportation — Received this sum, . - - 126,017 33 

DISBURSEMENTS. 

Cost of road and property— Increased this sum, $3,679 36 

Debts due to the Company — Increased this sum, 4,565 48 
Transportation — Expenses of transportation — 

Ordinary, .... 84,999 72 

Extraordinary, .... 36,251 14 

Interest — Paid this sum, . - - 6,762 99 

Cash— Oa hand 30th April, 1853, - - 6,941 64 



$143,200 33 $143,200 33 



JOHN WILLIAMS, Treasurer. 
KichmoTid, 1st May, 1853, 



SUPERINTENDENT'S REPORT. 



Office Richmond & Petersburg Rail Road, \ 
April 30lh, 1853. } 

To Wirt Robinson, Esq. President: 

Sir, — I herewith submit statements, showing the operations of 
this road for the year just terminated. It will be seen that there 
has been an encouraging increase in its business over the previous 
years. 

The trains have been run with great regularity and punc- 
tuality during the year, and (when the number of trains passing 
over the road, and the large amount of tonnage transported are 
taken into consideration,) with a remarkable exemption froni 
casualties, and which speaks well for the faithfulness and dili- 
gence of all the employees of the Company. 

There has been a small increase in the working expenses over 
the preceding year amounting, however, to only about 25 per 
cent, of the increased receipts. This is to be accounted for partly 
by the increased amount of transportation and partially to the 
necessity imposed on the Company by the Post Office Department 
of running an additional daily train for the transportation of the 
mail throughout the year. 

It will be seen that the heaviest item in our working expenses 
for the past year is for repairs of rail road ; I, therefore, respectfully 
recommend that steps be taken at once to commence relaying the 
road with a heavy rail as fast as the means of the Company will 
admit. There is no doubt but that a clear saving of sixteen 
thousand dollars could have been made under the business of the 
past year, had the track been laid with a heavy rail instead of 
flat bar. 

In bringing details to your notice and that of the Directors and 
Stockholders, I shall divide the business under three heads, viz: 
Road, Machinery, and Transportation, in the order here stated. 

I. 'I'he Road Department will embrace the Road Bed, 
Bridges, Depot Buildings, Water Stations and Branch Road. 



85 

II. The Machinery Department. — This department em- 
braces the maintenance of the Locomotives and Tenders, and the 
Cars used on the Road for the transportation service and New 
Machinery purchased. 

III. The Transportation Department will embrace the 
general tonnage and Passengers transported, and the expenses 
properly belonging to this department. 

I. THE ROAD DEPARTMENT. 

The Road Bed is in an improved state. It has been exten- 
sively ditched and drained durmg the year, and some of the wet 
cuts are in a better condition in this respect than they have ever 
been before. Most of the banks that had become narrow at the 
top by washing have been filled out, and the whole generally 
improved. 

The Track has, so far as labor of maintenance and replacing 
bad timber is concernefi, certainly been improved during the year. 
There has been put into the Road during the year 84,614 feet 
lineal of wooden rails or string pieces, equal to eight miles of new 
track. 

There has been a new track of T iron, 59 lbs. to the yard, laid 
over Falling Creek Bridge, which required about 7 tons of rails. 
There has also been about 90 tons of new flat bar laid down 
during the year, the cost of both of which is included in the ex- 
penses of this department, and will be found in the Treasurer's 
report under the head of Repairs of Road, which includes Me- 
chanics' and Laborers' Wages; Hire of Negroes; Subsistence, 
Clothing, Taxes, &c. for the same; Timber, Sills, Keys, Iron, 
Spikes and Plates, Castings, Wrought Iron Work, &c ; Tools, 
consisting of Saws, Axes, Shovels, Picks, Crowbars and sun- 
dries, amounting to ... $22,627 31 
for the repairs of main tracks, turnouts and side tracks at depots 
and in coal yards, equal to 28 miles of single track. 

Length of Main Road, - - - 22 miles. 

Length of Branch Road, - . . 3 miles. 

Length of Turnout and Side Tracks, - 3 miles. 

Total, ..... 28 miles. 

Bridges, 

The bridges are in as good condition, on the whole, as they 

were at the beginning of the year. They are all regarded as 

perfectly safe and reliable. Having such an extent of bridging 

for the length of the road, makes this a serious branch of tjxpendi- 

3 



S6 

ture, when a series of years are taken into consideration, although 
it has been light the past year. 

Some repairs will be required during the coming year, for 
which the timber and materials are now being provided. The 
expenditures on this account will be found under the head of 
Repairs of Bridges, and amount to $317 61 for all materials and 
labor. 

Depot Buildings and Water Stations. 

The amount expended on account of depot buildings and water 
stations is put down in the Treasurer's books under the head of 
Repairs of Depots. 

'i'o this account is charged the cost of building a new water 
station at Petersburg during the past year. It has been usual to 
charge to this account wages paid all mechanics, for repairs and 
work done to depots and water stations, cisterns, pumps, water 
pipes, gas fixtures, bricklayer's and stone mason's work for depots, 
loading platforms, sheds, fencing around depot lots; expenses in 
keeping streets in order about the depots, &c. The total amount 
for the past year is - - - - $1,885 92 

Branch Road. 

During the past year the taking down and removal of the old 
tressel work in the coal yards, commenced the previous year, has 
been completed, and an additional new track, of tressel work added ; 
also additions made to the side tracks, and a new turning platform 
of sufficient size to turn any engine and tender together. The 
amount expended during the yearfor this purpose has been charged 
to account of Branch Road Expenses. Although not properly 
belonging to expenses, I have, therefore, included it under the 
head of Road Department. 

The Branch Road Expenses are, Salary of Agent, Wages of 
Watchman, Hire of Negroes employed at Port Walthall, Sub- 
sistence, Clothing, &c. for the same, which amoiuit to $2,335 32 
To which add the amount expended for the above 

new work .... 2,071 54 



And the total is as per Treasurer's report, - $4,406 86 

II. MACHINERY. 

In this department I have to report a decided improvement. 
Two new engines and tenders have been added to our stock, 
and the engines before owned by the Company have been tho- 
roughly repaired and improved, one of them having been com- 
pletely rebuilt, with new cylinders, wheels and axles and other 
improvements. In addition to which five others have been fitted 



^// 



7 



87 

with new wheels, axles, &c. One new engine, building in the 
Company's shops, is now nearly completed, and will add mate- 
rially to our motive power. 

There has been new machinery and tools puichased to facili- 
tate repairs ; and in addition to ihe engines named above there 
has been added to our stock of cars 10 new eight wheel platform 
cars, 2 new eight wheel box cars, 20 new four wheel coal cars, 
2 new first class passenger cars, and 1 new eight wheel tender. 

Statement A gives a detailed account of the engines owned 
by the Company, iheir condiiion, performances, and how employed. 

Statement B contains the amount of running machinery on 
the road. 

In the Treasurer's report will be found a statement of the 
amount paid on account of new machinery during the year. 

The expenses of this department, exclusive of the amount paid 
for new machinery, is contained in the Treasurer's report under 
the head of Repairs of Engines and Cars, and includes wages 
paid all machinists and blacksmiths, carpenters and all mechanics, 
bar iron, steel, tools and hardware, tires, axles and springs pur- 
chased, copper, spelter, tin, lead, timber and lumber, bituminous 
coal, work done elsewhere, upholstry, trimmings, &c., sundries, 
charcoal, leather and all other materials, amounting to $17,840 46. 

III. TRANSPORTATION DEPARTMENT. 

The operations of this department have been very heavy during 
the year, and it has taxed our present means of transportation to 
its utmost capacity. 

There has been an increase in the quantity of coal transported 
of 7202 tons over the preceding year, it will be seen by the re- 
port of the Treasurer, that there has been a very considerable in- 
crease in the general freight business and a small increase in the 
Branch Road freight. 

The increase in receipts from passengers is also considerable, 
and there is a small increase for transportation of the mail, making 
a total increase in the receipts of $15,956 39. 

Statement C will show details in full of the coal transportation. 

Statements D, E and F will give details of general freight 
business. 

And Statement G will give the number of passengers trans- 
ported, reduced to passengers carried one mile. 

Table H gives a detailed statement of miles run by all trains 
during the year. 

Statement I gives a condensed statement of the operations of 
the road for the year 



88 

Train Expenses, 

Including Clover Hill transportation expnnses, consist of wages 
paid Conductors, Enginemen and Firemen ; iiire of slave hands 
on trains and at the water stations on the road and at Clover 
Hill, salary of Agent and Assistant Agent at Clover Hill ; provi- 
sions, clothing, &c. for hands employed on trains and at water 
stations; wood for fuel for locomotives; oil for locomotives and 
cars; cotton waste and tallow ; lamps for locomotives and trains; 
board of Enginemen and Conductors when on the road ; wages 
of engine cleaners, &C. - - - $19,178 17 

Train Losses and Damages. 
Under this head are payments for goods lost, damaged or stolen 
on the road. It is large this year in consequence of large amounts 
having been paid during the year for tobacco damaged on other 
roads, and which the Companies refused to bear their proportion, 
but as we have ceased to carry freight in connection with them 
it will not again be so large, - - $1,638 58 

Depot Expenses. 
Salary of freight and ticket clerks at Richmond and Peters- 
burg; wages to yard master and wages to hands at Richmond 
and Petersburg; hire, subsistence and clothing for hands em- 
ployed at depots ; coal for offices ; gas and other lights ; ice, 
brooms and sundries; wages to watchmen, including those on 
James River Bridge; rent of lot at Richmond, &c. $1 1,C83 50 

Transportation of passengers, mail and baggage between de- 
pots in Richmond and Petersburg, - - $1,584 68 

Postages, JYewspapers, Advertising and Printing, 
Includes amounts paid for newspapers and advertising in Rich- 
mond and Petersburg and country advertisements, ticket books, 
tickets, blanks, way bills, blank books, printing reports, station- 
ery, &c. amounting to ... $494 23 

Office Expenses. 
Hire of servant and sundry small items, • $147 61 

Contingent Expenses. 

Insurance on James River Bridge (against fire,) 
" Depots and Goods, 
" Depots at Port Walthall, 
" Carpenter Shop, 
" Locomotives and Cars, 



89 

Insurance on Machine Shops, 

" Stable, Horses and Omnibuses, 
and small items nol belonging to any particular account, amount- 
ing to $1,438 05 

Repairs of Turnpike. 

It will be seen that the Turnpike has nearly paid its expenses 
during the past year, having only a balance against it of $3 39 

Statement J contains a list of all the employees in the Com- 
pany's service with the compensation to each. 

Statement K shows the running expenses on twenty-two Rail 
Roads in Massachusetts for the year 1862, and also the average 
expense of repairs of road and engines and cars for five years on 
the sa[ne roads. 

Total expenses for the year including officers' salaries, $84,999 
72. 

All of which is respectfully submitted, 

THO. DODAMEAD, Superintendent. 



OFFICERS OF THE COMPANY. 

PETER V. DAmEL, Jr., President. . Salary, $1500 
JOHN WILLIAMS, Treasurer. . . " 1500 

THOMAS DODAMEAD, Superintendent. " 1500 



Table A. 



Statement of Names, Dimensions, Performance during the year; Condition and present duty of Locomotives, owned by the Richmond and Petersburg Rail 

Road Company, A2)7il 30th, 1853. 



Name. 




When first ran. 


Description, 


Diameter of 
Cylinder. 


stroke of 
Piston. 




Number of 
Drivers. 


Nximber of 
Wheels. 


MILE 


S RAN 


Condition, 


How Employed. 


REMARKS. 




of Driveis 


Past Year. 


Total to dale. 


Patrick Henry, 


Edward Bury, 


1838. 


Inside Cylinder, 


10 inches, 


16 inches, 


54 inches, 


2 


6 


8,590 




Working Order, 


Mixed Business, 




Sheppard, 


" " 


(1 


II II 


10 " 


16 "1 


54 " 


2 


6 


6,653 




II II 


II 11 


New Wheels and Crank Axle during the year. 
New Crank Axle during the year. 


J. H. Hopkins, 


Rothwell & Hicks, 


II 


II II 


10 " 


16 " 


48 " 


4 


4 


8 852 




II II 


Coal Trade, 


Stafford, 


Bolton & Hicks, 


II 


II II 


lOi « 


16 " 


42 " 


4 


6 


1,618 




II II 


II II 


New Cylinders and Wheels during the year. — 
(Rebuilt.) 


Phoeaix, 


(( <( 


II 


II II 


10 " 


16 " 


54 " 


4 


8 


4,529 




Under Repair, 




New driving Wheels and Crank Axle during 
the year. 


J. H. Coates, 


Company's Shops, 


1842. 


Outside Cylinder, 


9i " 


20 " 


54 " 


2 


6 


6,436 




Condemned, 




James H. Cox, 


M. W. Baldwin, 


August, 1846, 


II II 


12 " 


16 " 


42 " 


6 


6 


12,267 




Working Order, 


Coal Trade, 


New Wheels, Axle and Eccentrics during the 


George W. Johnson, 


(( <[ i( 


July, 1847, 


II II 


12 " 


16 " 


42 " 


6 


6 


9,364 




Under Repair, 


II II 


New Wheels and Axles during the year. 


Pocahontas, 


C< l( l( 


July, 1848, 


II II 


12i " 


18 " 


54 " 


4 


8 


14,891 




Working Order, 


II II 


New Driving Wheels, Axles and Eccentrics 
during the year. 


Chesterfield, 


II l( (( 


April 16, 1852, 


II 11 


Hi " 


20 " 


54 " 


4 


8 


18.970 


19,414 


II II 


Passenger & Freight, 




Henrico, 


Burr & Ettenger, 


July 3, 1852, 


II II 


11 " 


18 " 


54 " 


4 


8 


18,270 


18,274 


II II 


II II 





In Working Order, 
Under Repairs, 
Condemned, 



SUMMARY. 



k. 



H 



91 



Statement B. 

JVumber of Engines, Cars, and Running Machinery vpon the 
Richmond and Petersburg Rail Road, April 30M, 1853. 

Locomolive E7igines. 

4 Eight Wheel Engines with Tenders, 
6 Six Wheel Engines with Tenders, 

1 Four Wheel Engine with Tender, 

U. Total. 

One Extra Eight Wheel Tender. 
Coal Cars. 
119 Four Wheels. 

Cars for Freight and General Use. 

5 Eight Wheel Box Cars, 

6 Eight Wheel half Box or Curtain Cars, 
16 Eiiiht Wheel Platform Cars, 

2 Eight Wheel Wood Cars, 

2 Eight Wheel Enapty Barrel Cars, 

2 Four Wheel Box Cars, 

4 Four Wheel Dumping Cars, 

37 Total. 

Passenger and Baggage Cars. 

6 Eight Wheel Passenger Cars, ■ 

1 Eight Wheel Passenger Car,— condemned. 

1 Four Wheel Passenger Car, 

2 Eight Wheel Mail and Baggage Cars, 
2 Eight Wheel Baggage Platforms, 

12 Total. 

In addition to which, there are Track layers. Truck Cars, and one 
Crank Car for Branch Road. 

The Company also own 12 Horses, 3 Baggage and Mail Wagons, 4 
street Wagons, Harness, &c.; and are half owners of 2 Omnibuses 
which are used for the Transportation of Passengers, Mail and Bag- 
gage, through Richmond. 

There are 1 Eight Wheel Locomotive and 2 first class Eight Wheel 
Passenger Cars, now contracted for, to be delivered in all the month of 
June. 



92 



Table 0. 

Statement of Coal Transported from Clover Hill during 
the year ending April 30, 1853. 





To 


To 


To Port 


Aggregate. 


No. of Tons. 




Richmond. 


Petersburg 


Walthall. 








Numberof 


Numberof 


Numberof 








Bushels. 


Bushels. 


Bushels. 


Bushels. 




May, - - 


11,9-25 


10,665 


109,835 


132,425 


4,414 5-30 


June, - - 


13,380 


1,695 


100.230 


115 305 


3,813 15-30 


July, - - 


25 865 


2715 


113 820 


142,400 


4,746 20-30 


August, - 


29 895 


7,785 


96,895 


134.575 


4,485 25-30 


September, 


32,680 


23,100 


66,220 


122 000 


4,066 20-30 


October, - 


54,070 


24,455 


46,245 


124,770 


4,1.59 


November, 


60,030 


21,040 


59,285 


140,375 


4 679 5-30 


December, 


63,040 


25,170 


36.980 


125,190 


4.173 


January, - 


46,380 


16 855 


25,540 


88,775 


2,959 5-30 


February, 


60,600 


22 335 


50,515 


133,450 


4,448 10-30 


March, 


67,745 


16,095 


56,2110 


140,040 


4,668 


April, - - 


28,820 


12,655 


122,230 


163,705 


5,456 25-30 


Totals, - 


494.450 


184,565 


883,995 


1,563,010 


52,100 



SUMMARY. 

To Richmond, 16,481 Tons, 

To Petersburg, 6,152 Tons. 

To Port Walthall, 29,467 Tons. 

Total aggregate, 52,100 Tons. 

Equal to 1,384,223 tons hauled one mile. 
Average tons in each Train, 78 7-10. 



93 



Statement D. 



Tonnage Transported belween Richmond and Petersburg 

on (he Main Stem of the Richmond and Petersburg Rail Road, 
during the official year, ending ^pril ZOth, 1853. 



NORTHWARDLY. 



12,693 hhds. 
2,!>4t bales, 
754 bales. 
Old Rails and Scrap, 



Tobacco, 
Coiton, 
Dumet>lics, 
Iron, 

Empty Barrels, 36,489 
Miscellaneous Freights, - - - 

Woiid, from different points averaging 8 miles, 
241 J cords, - - - - 421 



weight 8,440 Tons. 

552 " 
" 65 " 

" 1,193 " 
" 364 " 

554 " 





Total, 


- 




- 11,589 Tons, 




SOUTHWARDLY. 






Tobacco, 


262 hhds. 


weight 


174 Tons. 


Bacon, 


104 " 


(I 


44 




Molasses, 


31 " 126bbls, 


(1 


53 




Sugar, 


184 " 


i( 


115 




Liquor, 


- 2,798 barrels, - 


It 


524 




Flour, 


1,881 " 


K 


153 




Iron, 


- Bar and Pig, 


l( 


393 




Lumber, 


- 104,987 feet. 


l( 


131 




Miscellane 


ous Freight, - 


II 


2,025 





Total, ... - 3,612 Tons. 

Total tons of 2,000 lbs. both ways, - 15,201 

Equal to 325,160 tons hauled one mile. 



94 



Statement E. 

Tonnage Transported over the Richmond and Petersburg 
Rail Road, between Richmond and Port Walthall^ during the 
official year, ending Jipril 30;A, 1853. 

downwards. 

Flour, - 41,758 Whole Barrels, weight, 4,593 Tons. 

Do. - 3,031 Half do. " IGG " 

Miscellaneous Freight and Freight by Steamer, 221 " 

Total, - - - 4,980 Tons. 

upwards. 

Iron, (rails) - [tons of 2,240 lbs] 4,653 Tons. 

Miscellaneous Freight and Freight by Steamer, 375 " 

Total, - - - 5,028 Tons. 

Agricultural Lime delivered to farmers on the line [tons 

of 2,000 lbs.] 122 « 

Total, . - - . 10.130 Tons. 

Equal to 201,996 Tons transported one mile. 



95 



Statement F. 

Miscellaneous Tonnage Transported between Richmond and 
Clover Hill, over the Richmond and Petersburg and Clo- 
ver Hill Rail Roads during the official year, ending April 
30M, 1853. 

inwardly. 

Tobacco, - 1 1 9| hogsheads, weight T8 Tons. 

Wheat, - 7,656 bushels, " 230 " 

Empty Barrels, 3,814 - - " 33 « 

Miscellaneous, . . . - " 29 " 

Tola], ... .370 Tons. 

outwardly. 

Miscellaneous Freights, consisting of 

Groceries, Corn, Iron, 

Liquors, Dry Goods, Castings, 

Meal, Furniture, Guano, &c., 443 Tons. 

Making a total of - - -• - - 8l3 Tons. 

Equal to 25,203 tons hauled one mile. 

RECAPITULATION OF TONNAGE. 

Total aggregate tons of Coal, . . . . 52,000 

Total aggregate tons of Freight other than Coal, - - 26,144 

Total aggregate tons of all freights, - - 78,144 

Being equal to 1,936,582 Tons transported one mile. 

This does not include Wood, Timber, Gravel, or materials for the 
use of the Road of which no account has been taken. 



96 



Statement G. 

Statement of the Number of Passengers carried over the 
i Richmond and Petersburg Rail Road during the official 
\year^ ending April 30M, 1853. Reduced to Passengers carried 
one mile. 

, southwardly. 

Passengers over the -whole length of the Road, including 
Local and Through Travel, Excnrsion Passengers, 
Servants and Hall Seals, counted as each one pas- 
senger, ...... 33,839 

Way Passengers, including Servants, - - 1,414 

Total, 35,253 

northwardly. 

Passengers over the whole lengih of the I'oad, counting 

Servants and Half Seats as each one Passenger, 28,149 

"Way Passengers, including servants, - - 1/296 

Total, 29,445 

steamboat passengers by way of port WALTHALL. 

Downwards, counted as above, ... 2,550 

Upwards, " " ... 3,J00 

Way, on the Road, counted as above, - - 147 

5,797 

Total Passengers, - - - 70,495 

Equal to 1,505,206 Passengers carried one mile. 



97 



Table H 



Statement of mii.es run by Trains of all kinds during 
the year ending April 30M, 1853. 



Date. 


Passenger 


Freight 


Coal 


Timber, Wood 


Dirt 


Total. 




Trains. 


Trains. 


Trains. 


and Materials. 


Trains. 




May, 1852 


2,827 


1,746 


3,288 


462 




8,323 


June, " 


3,188 


2,772 


2 981 


279 




9,220 


July, " 


3,3-25 


1,876 


3,360 


436 


194 


9,191 


Aug't, " 


3,165 


1,542 


3,208 


313 


560 


8,788 


Sepi'r, " 


3,127 


2,258 


3,212 


290 


879 


9,766 


Ocl'r, " 


2,d40 


1,652 


2,781 


460 


1,000 


8,733 


Nov'r, " 


2,541 


1,876 


3,891 


418 


975 


9,701 


Dec'r, " 


2,898 


920 


4,602 


708 




9,128 


Jan'y, 1853 


2,823 


997 


3,060 


556 




7,436 


Feb'y, " 


2,761 


774 


5,038 


786 




9,359 


Marcli, " 


3,350 


1,573 


4,720 


476 




10,119 


April, " 


2,799 


1,963 


5374 


544 




10,680 


Total, - 


35,644 


19,949 


45.515 


5,728 


3,608 


110 444 



SUMMARY. 

Miles run by Passenger Trains, - - 35,644 

" " " Freight Trains, - - - 19,949 

" " " Coal Trains, - - - 45,515 

" " " Material, Timber and Wood Trains, 5,728 

" " " Dirt Trains, - - - 3,608 

Total miles run by all trains, - - 110,444 



On Richmond and Petersburg 
On Clover Hill Road, - 



Road, 



80,302 
30,142 



98 



Statement I. 

Condensed Statement of the operations on the Richmond and 
Petersbuhg Rail Road for the year ending Jlpril 3C7A, 1853. 

Miles run by Passenger Trains, .... 35,fi44 

" " Tonnage Trains, .... 74,b00 

Aggregate run of Trains, . . . . . 110,444 

Number of Passengers carried one mile, ... 1,505206 
Number of Tons of Freight carried one mile, - - 1,936,582 
Number of Hogsheads of Tobacco carried over road, - 13,074 

Number of Bales of Cotton " " - 2,941 

Number of Tons of Coal " " - 52,100 

Number of Barrels of Flour " " - 45,185 

JVverage number of Passengers in each Train, - - 44 

Average tons of Freight, other than C^al, in each Train, - 29 5-10 

Average tons of Coal in each Train, - - - 78 5-10 

Aggregate cost of working Road, - - - - S84 999 72 
Total Expenses per mile run, - - - 76 97-100 cents. 
Cosi of Repairs of Road per mile run, - - - 28 cents. 
Cost of Repairs of Engines and Cars per mile run, 16 15-100 cenis. 
Receipts per mile run, - - - - - SI 14 1-10 
Receipts per mile of Road, including Branch Road, - S'5,040 69 
Total Aggregate Receipts, 8126,017 33 



The cost of Repairs of Road per mile run is only for the miles run 
on the Main Line and Port Walthall Branch, and does not include the 
miles run on the Clover Hill Road. 



99 



Statement J. 

Statement showing the Number of Persons Employed by the Richmond and 
Petersburg Rail Road Company on the 30lh of April, 1853. 

TRANSPORTATION DEPARTMENT. 



HOW EMPLOYED. 



Ticket Cleik ai Richmond, - - - 
Freight Clerk at Richmond, - - - 
Fieight Clerk at Richmond, - - - 
Freight and Ticket Agent, Petersburg, 
Freight and Ticket Agent, Petersburg, 

Agent at Clover Hill, 

Agent at Port Walthall, - . . . 

Manager of Yard at Richmond, - - 
Manager of Omnibus and Horses, - 

Watchmen at Richmond, - - - - 
Watchmen at James River Bridge,'- 
Watchman at Petersburg, - - - - 
Watchman at Port Walthall, - - - 

Conductors of Passenger Trains, - 
Baggage Agent, 



Engine Men, 
Engine Man, 



road department. 



Overseer of Road, ---... 

Section Men, 

Section Man, 

Foreman of Bridge & Road Carpenters, 

Carpenters, 

Carpenter, --..----. 



MACHINERY DEPARTMENT. 



Machinists, (Foreman,) 
Machinist, - . - - . 
Machinists, - - - . . 
Machinists, . . . . . 



Apprentices, 3 

Continued on next page. 




12 



each 

SI 00 
1 00 

each 



1 25 

2 25 
1 50 
1 25 



2 25 
1 83| 
1 75 
1 50 



S50 00 
40 00 

30 00 

25 00 
pernighi 



45 00 
25 00 



60 00 
50 00 



30 00 



Pay per 
Annum. 

a>480 00 
700 00 
420 (10 
600 00 
500 00 
720 (10 
500 00 



720 00 



100 

Statement J— continued. 



MACHINERY DEPARTMENT. 



HOW EMPLOYED. 



Blacksmiths, (Foreman,) - 
Blacksmiihs, - . - - - 
Blacksmith, - . - - - 

Carpenters, (Foreman,) - - 

Carpenters, - 

Carpenters, ------ 

Carpenter, (Pattern Maker,) 

Painter, - 

Painter, (temporarily,) - - 

Car Inspector, - - - - - 
Car Inspector, - - - - - 
Car Inspector, - - - - - 

Engine Cleaner, . - - . 





-f 


Pay 


Pay per 


I 


- 


per Day 


Month. 


1 




2 25 




3 
1 




1 CG| 
1 50 




1 


5 


S2 25 




'■i 




1 G2i 




•2 




1 50 




1 




1 75 




1 
1 




2 00 
1 50 




1 
1 
1 


2 


1 50 
1 30 
1 10 




_ 


3 






1 


] 
30 


87i 





Pay per 
Annum. 



NEGROES. 

At Richmond Depot, loading and unloading cars, &c. - - 13 

In ottice at Richmond, - 1 

In shops as Helpers, 9 

OmniLus and Wagon Drivers, -..-.-. 4 

At Depot in Petersburg, -.....-. 6 

At Depot at Port Walthall, 7 

At Water Stations on the line, 9 

On Repairs of Road, -_--....- 19 

As I'iremen and Train Hands, -------14 

Free Blacks as Train Hands, ....... 2 

Total, 84 



Slaves averaging S127 per annum, including those employed to go on 
trains, for which high prices are paid. The free blacks receive $24 per 
month each. 



101 



statement K. 



Statement of the Working Expenses upon 22 of the 
Massachusetts Rail Roads for the year 18.'")2, as shown by 
(heir Annual Reports to the Legislature. 







Length 


Total 


No. 


NAME OF ROAD. 


in 


Expenses 






Miles. 


per Mile run. 


1 


Worcester, ------ 


45 


SO 85 


2 


Western, 


155 


77 


3 


Providence and Worcester, 


43 


68 


4 


Worcester and Nashua, - . - 


46 


57 


5 


Fitchburg and Worcester, - - . 


14 


50 


6 


Connecticut River, - - - - 


50 


82 


7 


Pittsfieid and North Adams, 


19 


' 72 


8 


Providence, 


41 


76 


9 


Taunton, 


11 


1 46 


10 


New Bedford, 


20 


98 


11 


Lowell, 


26 


1 03 


12 


Nashua, 


15 


99 


13 


Laurence, - 


12 


56 


14 


Salem and Lowell, - . - - 


17 


85 


15 


Boston and Maine, - - - - 


74 


64 


IG 


Fitchburg, 


51 


79 


17 


Vermont and Massachusetts, 


69 


75 


18 


Eastern, 


55 


70 


19 


Essex, ------ 


20 


64 


20 


Old Colony, 


37 


92 


21 


Fall River, 


42 


91 


22 


Cape Cod, 


28 


59 



Average, S'O 79.45 



Total expenses per mile run on the Richmond and Peier^l^urg Rail 
Road for the year ending April SOth, 1853, - - SO 76 97-100 

Interest paid on debts is not included in the above table of expenses. 

The largest average sum paid for repairs of road bv any one road per 
mile run, by trains for five years, was 22 41 cents. The least average 
of same was 8.17 cents; and the mean of the whole was 14 57 cents. 

The largest sum paid for repairs of engines and cars for the same 
time per mile run was 24.65 cents. The least average of the same was 
9.39 cents; and the mean of the whole was 13 (j& cents. 

The cost of repairs of road on the Richmond and Petersburg Rail 
Road for the year ending April 30th, 1853, was 28 cents ]ier mile run. 

The cost per mile run for repairs of engines and cars was 16.15 cents. 

The largest average sum paid by any one of the Massachusetts roads 
in one year for repairs of road, and repairs of engines and cars com- 
bined, was 49.8 cents, and the mean average of the whole was 28.23 cents 
for both. The mean average of all other expenses was 51.22 cents per 
mile run. 

The cost of repairs of road and engines and cars combined on the 
Richmond and Petersburg road was 44.15 cents. Of all other expenses 
32.82 cents per mile run. 



REPORT. 



To the President and Dii'ectors of the 

Richmond and Petersbursr Rail Road Co. 

Gentlemen: 

It has been my opinion for some time past, that your Com- 
pany have been transporting coal at too low a rate to prove profitable, if 
not attended with actual loss. This opinion^ as all the members of the 
Board are aware, I have repeatedly expressed. 

From the character of the roads over which you transport coal, and the 
limited amount transported, it is impossible for you to do it at anything 
near the rates charged on roads, that from their favorable grades and 
general construction, and the immense amount of business done, are pe- 
culiarly adapted to the cheap transportation of coal. But even on roads 
that are thus situated, I have yet to learn that the transportation of coal 
at the rates heretofore charged on them, has been profitable. 

The Philadelphia and Reading Rail Road, with its easy and uniform 
grades, that are not to be found on any other railroad of equal length, 
and the advantages of its location, has not made money at the rates here- 
tofore charged by the Company, notwithstanding it does carry ovei it a 
larger amount of tonnage than any other existing railroad, and at less 
expense. 

It is well known that the cause of the low rates of transportation on 
coal, so long maintained on this road, was the rivalry between it and the 
Schuylkill Navigation Company; and as that rivalry has now ceased, the 
Reading Company have raised their price of transportation on coal to 
2^'/, cents per ton per mile. During the time that Company continued 
to transport coal at the low rates of toll, they were continually merging 
their expense account into that of construction, until it amounted to the 
enormous sum of 16 millions of dollars, for less than one hundred miles 
of railroad, or near 175,000 dollars per mile— a thing utterly impossible, 
unless a large portion of the working expenses were charged to the con- 
struction account. 

The Baltimore and Ohio Railroad has been paiticularly brought for- 
ward as a parallel case with your road, and as the only one with which it 
can properly be compared, as it is an undulating road, and not depend- 
ant on the coal business to keep up its road. Between the working 
capacity of the two roads, there is, however, a great difference — the one 
being of a very light construction, viz: wooden string pieces, with a light 
strap rail, 2-]- by ^ inches, preventing the use of engines exceeding at 
the outside, 14 tons weight, and the other built in the most strong and 
durable manner, and laid with heavy iron rails, enabling them to use 
engines weighing 30 tons, and of three times the effective power of 
yours. 

In January, 1844, the Baltimore and Ohio Railroad Company entered 
into a contract with the Maryland and New York Iron and Coal 



Company, to transport coal from the mines above Cumberland, to Balti- 
more, a distance of 188 miles, for 1^ cents per ton per mile, and 10 eta. 
per ton additional, for hauling in the streets of Baltimore — the C. R. & 
N. Y. C. & J. M. Co., binding themselves to furnish ITS tons per day, 
for 300 days in the year, for five years. They continued to transport 
coal for this company and other new companies that went into operation 
subsequently, until the end of the year 1852, when the quantity trans- 
ported, reached about 200,000 tons per annum, by which time the losses 
on this business became so evident to those who had invested their capi- 
tal in the stock of the company, that the price went down to 60 per cent, 
below par. The private stockholders and the city of Baltimore, as a 
large stockholder, insisted on an increase of the rates of toll on coal, and 
it is doubted by some, whether it will more than pay the cost at present 
rates. 

Allusion has been made to a letter from the president of the B. tt. O 
R. R. Co., published in the Baltimore Sun, pending the application of 
the Company to the city council of Baltimore, to guarantee their bonds 
to the amount of $5,000,000. I append the letter; by which it will be 
seen that the profit named by the president is mere conjecture, without 
any means of sustaining its correctness : 

A communication was also received from the president of the Balti- 
more and Ohio Railroad in reply to a question from the Branch, relative 
to the transportation of coal on the road, as follows : 

Office B. & O. R. R. Company, ) 
December 1st, 1853. j" 

To the Honorable, the Second Branch of the City Council — Sirs : 
In reply to queries propounded to this Company, by resolution of the 
Second Branch of the City Council on the 22nd inst. I answer : 

No. 1. The total amount of expenses incurred by said Company for 
cars, motive power, and every other necessary matter for the purpose of 
accommodating the transportation of coal. It is known to every citizen 
that the coal trade is only one portion of the business of the Compay, 
and that the road and its appurtenances are essential to its transportation. 
What portion of that expense is chargeable to that trade particularly, it 
has not been attempted to determine, especially as that trade has been 
developed since the road reached Cumberland, and is yet considered 
only secondary in its character. Of the motive power, about fifty en- 
gines have been kept in that employment for three month past at $10,000 
each ....-.- $500,000 

100 cars were provided for at an average cost of $500, - $500,000 



$1,000,000 
The various labor of men and horses has been merged into general 
charges, so also with fuel, oil, repairs, (fcc, &c. The above mentioned 
items, therefore, are the only ones that can be approached with any de- 
gree of correctness. 

No. 2, The total amount of revenue received for the transportation of 
coal, as reported in the annual return to the stockholders, !$523,344,81. 
No. 3. The profit realized from said business, after allowing for wear 
and tear of motive power, cars, tiack, &c., &>c. 



The business of the road, as is well known, is a mixed one, but may 
be placed under three divisions, all of which, for economy in manage- 
ment, conducted as one, to wit : — Passengers, Merchandise and Coal. 
To keep the accounts so as to give veritable results of each, would in- 
volve an expense far larger than its worth. The profits, therefore, can 
only be estimated, and it is thought equal to 62^^ cents per ton, under the 
present embarrassed condition of the road. I am, very respectfully, 
your obedient servant, 

WM. G. HARRISON, President. 



It will be seen that there is a typographical error in the figures, which 
should read 1000 cars instead of 100, as in their annual report just pub- 
lished. The number of coal cars are put down at (1002J one thousand 
two. 

In the year 1847 an estimate was made for the Baltimore and Ohio 
Railroad Co. by the engineer of machinery and repairs, and approved 
by the chief engineer, of the amount of capital required for a given 
amount of business for nine years, gradually increasing from the first to 
the ninth year, and on these estimates their contract was made with the 
Coal Companies. I append the table to show how far short the estimates 
ccme, when the facts are shown. By the estimate, the capital required 
the ninth year, to transport 542,366 tons, would be $526,448, when, 
in fact, we find that they have a ($1,000,000) million of dollars invest- 
ed to do only 308,890 tons, and by their own report, with this amouiit 
invested, they have not suflicient means to do even this amount of busi- 
ness, showing that it has required nearly double the estimated capital to 
do a little over half the estimated amount of business. 







a^^ 


1 •vVm 

o p o 






— ' a ^ 


S 3 faO 






ISS.S . 


sap 






.-si 2 t* •'- 


o O n 






Cu 5 03 C3 


o cS -S 






ea S -^ ? 


o t- bx) 






O i^ rt> f^ 


o aj 03 




PERIOD OF TIME. 


^ ^ ^ 

^1-1 "-* -G ^ 


a PhX! •-, 






'StS - O 


<*:? fl (U V» 














C O t>^<+H 


■Jrt « w KJ 








^-^ c « 


Beginnir 


ig of 1st year, _ . . - 


^102,000 


105,000 tons. 


Do. 


2d do., . - - - 


125,215 


128,897 '' 


Do. 


3d do., - - - - 


153,714 


158,234 " 


Do. 


4th do., . - - - 


188,700 


194,249 " 


Do. 


5th do., . - - - 


231,648 


238,459 " 


Do. 


6th do., . - - - 


284,371 


293,172 " 


Do. 


7th do., - - 


349,191 


359,898 <' 


Do. 


8th do., ... - 


428,764 


441,810 " 


Do. 


9th do., . - - . 


526,448 


542,366 " 



Respectfully submitted , 

JAMES MURRAY, 
Engineer of Machinery and Repairs, 

Baltimore and Ohio Railroad. 



Approved February 14, 1844. 



BENJ. H. LATBOBE, 

Chief Engineer. 



Amount of 


coal 


transported over the Baltimore 


and Ohio Railroad, 


from the commencement of Coal transportation. 


to the year 


1853, in- 


elusive: 










1843, 


- 


- 


4,964 


tons. 


1844, 


- 


. 


5,687 




1845, 


w 


- 


16,021 




1846, 


- 


- 


18,394 




1847, 


- 


. 


50,259 




1S48, 


- 


- 


68,504 




1849, 


- 


- 


101,377 




1850, 


- 


. 


146,645 




1851, 


- 


- 


163.501 




1852, 


- 


- ■ . 


280,496 




1853, 


- 


- 


308,890 





1,044,738 " 

In view of the contemplated change in your rates, I recently visited 
the coal region embraced in that part of Schuylkill county, Pennsylvania, 
which finds its outlet by the way of the Reading railroad and the Schuyl- 
kill canal, for the purpose of ascertaining the charges for transporting coal 
on the numerous lateral roads owned by independent companies, and 
which transport coal to the canal and to the Reading railroad. The parti- 
culars of a number of them you will find appended to this paper. 
Through the kindness of Francis Hewson, Esq., engineer and superin- 
tendent of the Schuylkill valley. Port Carbon and Mill creek railroads, 
and R, A. Wilder, Esq., superintendent and engineer of the Mine Hill 
and Schuylkill Haven railroads, James Millholland, master of machinery 
on the Reading railroad, and Mr. Wooten, his assistant, at Palo Alto sta- 
tion, who very kindly furnished me with an express engine, and accom- 
panied me on several roads, as did also Mr. Wilder of the M. H. and S. H. 
R. R., I was enabled to obtain much useful information. 

I found that the average rate of transportation charged on these roads 
is 4yV cents per ton per mile, which divided, according to their system of 
charging, is as follows : 2^\ cents per ton per mile for motive power and 
cars, and 2 cents per ton per mile for use of road. 

These roads are all of the most substantial character, and most of them 
have double tracks, and, with one exception, the grades are all in favor 
of trade. This exception is on the West branch of the Mine Hill road, 
where they transport for a short distance up a grade of 21 feet per mile. 

They estimate the cost of motive power alone at lyVs cents per ton 
per mile; motive power and cars at 1,^^, cents per ton per mile. This 
being the cost for motive power and cars on these superior roads, the cost 
of the same item on roads of the construction of yours, cannot be less 
than 2 cents per ton per mile. 

From a careful and full examination of all the facts within my reach, 
and the experience of 8 years in the transportation of coal on your road, 
and 2 years previous experience on the Beaver meadow and Hazleton 
railroads, in Pennsylvania, (engaged exclusively in the transportation of 
coal,) I have come to the conclusion, that on such roads as you transport 
over, coal cannot be transported at a rate less than \\ cents per ton per 



mile, viz : 2\ cents per ton per mile for motive power, cars, 6cc., and 2 
cents per ton per mile for tolls on roads; and I am firmly convinced that 
you have heretofore been transporting coal at a rate below the actual ■cost. 

Respectfully submitted, 

THOS. DODAMEAD, 
November \5th, 1853. Superintendent. 

►STATEMENT 

Of the rates charged for the transportation of coal on the vari(jus rail- 
roads in Schuylkill county, Pennsylvania, which connect with and lind 
their outlet by the way of the Reading and Philadelphia railroarl and 
Schuylkill canal. 

LITTLE SCHUYLKILL RAILROAD. 

This road is 22 miles long. The rate charged on this rood is li ccniii 
per ton per mile for use of road or toll, and 1^ cents per mile for motive 
power, the Company not finding or furnishing cars ; making a total 
charge of 3 cents per ton per mile, eitclusive of cars. The grades are 
all in favor of the trade ; or, in other words, no coal is transport^^d up 
grade. The road is laid with Trails, weighing between 50 and 60 lbs. 
to the yard, well ballasted with broken stone and gravel. The bridges 
are strong and substantial, so as to admit of the use of locomotives weigh- 
ing from 20 to 27 tons, and hauling trains of 400 tons of coal net. 

The business of the road for the year ending November 30th, 1852, 
was (249,461 tons,j two hundred and forty-nine thousand four hundred 
and sixty-one tons. 

This road connects with Reading road at Port Clinton. 

8CHUYLKILL VALLKY RAILROAD AND BRANCHES. 

The main stem of this road is 9 miles long, and it has 13 miles of 
branches ; making 22 miles in all. The grades upon the main line and 
branches all descend in favor of the trade. The road is laid with heavy 
T iron, weighing from 60 to 70 lbs. per yard, well ballasted with broken 
stone, etc., and of the very best description. Engines used are of 19 
and 20 tons weight, but can use them much heavier; the loads brought 
down only limited by the number of empty cars that can be taken back. 
The charge for toll for use of road is 2 cents per ton per mile, and 1 
cent, per ton per mile for motive power. On the branches 3 cenis per 
ton per mile toll, and 2}^ cents for motive power ; making an average of 
2^ cents per ton per mile for toll, and 1| cents per ton per mile for mo- 
tive. The Company furnishing no cars, ojdy the locomotives and road, 
the colliers being obliged to furnish cars from the Reading railroad and 
the Schuylkill Navigation Company. The amount of coal transported 
over this road for the year 1852 was 425,538 tons. 

MILL CREEK RAILROAD. 

The main stem of this road is 4 miles long. The charge for toll on 
the main stem is 2 cents per ton per mile ; motive power H cents per ton 



per mile ; on the branches 2 cents toll, and 3^ cents for motive power ; 
being an average of 2 cents per ton per mile for tolls, and 2^ cents per ton 
per mile for motive power. The Company does not furnish cars. 

The character of the road is the same as those before mentioned, and 
the grades are all in favor of the trade. 

I\1IXE HILL AND SCHUYLKILL HAVEN RAILROAD. 

This road connects with the Reading and Philadelphia railroad at 
Schuylkill Haven, SG miles from Philadelphia. The length of the main 
stem and brandies included is 60 miles. The grades are all in favor of 
the trade. The track laid witli T rail, 60 lbs. per yard. Charge is 2h 
cents per ton per mile, viz : 1.^- cents per ton per mile for tolls, and l 
cent, per ton per mile for motive power. The charge being the same on 
the blanches as on the main stem. 

The amount of coal transported last year was 793,001 tons; expected 
to reach the present year (1,100,000) one million one hundred thousand 
tons. 

The engines frequently haul 120 cars in atrain, and weigh from 18 to 
25 tons. The Company furnished no cars, as in the case of the other 
roads. 

THE PHILADELPHIA AND READING RAILROAD. 

This road extends from the edge of the coal formation in Schuylkill 
county, Pennsylvania, at Mount Carbon, one mile south of Pottsville, to 
the tide waters of the Delaware at Richmond, 3| miles above Philadel- 
phia, and 104| miles fiom the sea. It is composed of 51 planes: 

-level. 

descending 1-5 ft. per mile. 
5-10 ft. '^ " 
" 10-15 " " " 
15-20 " '• <-' 
20-42 -rV ft. per mile. 

From the Schuylkill to the Delaware d^\ miles, ascending 33^. 

From Mount Carbon to the falls is 87 miles ; total fall 549 feet. Be- 
tween falls and Richmond, 6,*^ miles, there is a rise of 61 feet, and a 
fall of 104 feet. 

Total fall from Mount Carbon 592 feet. The road has a double 
track throughout its entire length. The rails in use are of 45, 52, 53, . 
and 60 lbs. to the yard. The Reading road connects directly with 4 . 
lateral coal roads, to wit: At Mount Carbon widi the Mount Carbon i 
railroad, and with the Mount Carbon and Port Carbon railroad; at 
Schuylkill Haven with the Mine Hill, and at Port Clinton with the lit- 
tle Schuylkill railroad. 

They have also purchased from the State of Pennsylvania, four miles 
of the old State road, extending from the Falls to Broad street, in the 
city of Philadelphia, which is used to transport passengers and freight 
and coal, to supply the Philadelphia market. 



18 of 39 


miles I 


ength- 


— level. 


3^' 6;„ 


(C 




desce 


14 '^22 


ii 






6" 'S,\ 


CI 






'r"i5,\ 


C( 






3^' 4 


'<■ 







Coal Transported on the Philadelphia and Reading Railroad. 



S45, 


814,279 


Ions. 


846, 


1,188,258 


a 


847, 


1,360,680 


a 


848, 


1,235,044 


li 


849, 


1,150,000 


u 


850, 


1,097,762 




851, 


1,351,507 




852, 


1,650,270 




853, 


1,650,912 





average tons of coal net, per train, 372 tons. 

u a u u 372 u 

ic a u u 3(53 ii 

u u a a 366 ,( 

STATEMENT 

Of the cost of coal transportation, on the Richmond and Petersbmg and 
Clover Hill Railroads, for three months, viz: September, October 
and November, 1853 : 

ITEMS OP COST. 

Wages of engineers, including board, &c., 
Wages, hire and board of firemen and train hands. 
Wages of agents, hire and subsistence of hands, watch- 
man, (fee, at stations on the line, 
Wages of engine cleaners. 
Hire, wages and subsistence of depot hands at Petersburg 

and Richmond, unloading coal trains, turning engines, 

cutting wood, filling tenders, (fee.. 
Oil for locomotives and tenders, 224 gals, $1, 
Oil for cars, 340 gals at 80c, 
Cotton waste and tallow for locomotives, packing yarn, 

tfec. 
Wood for fuel, 872 cords, $1 50 per cord. 
Repairs of locomotives and cars, at the rate the}^ cost last 

year, 16 yV^ cents per mile run, 13,083 miles. 
Repairs of road per mile run on our own road, 3,918, 28c, 
Proportion for three months of cost of tressel work in coal 

yards at Port Walthall, Richmond and Petersburg, 

which has cost at the rate of about $1000 per annum, 
Interest on $65,000, at 6 per cent, per annum, invested in 

cars and machinery for 3 months, 
Contingencies, lost coal, tfec, at the rate of 1-lOth of a 

cent pr. ton of coal pr. mile, hauled 395,843 tons hauled 

one mile. 
Allowance for depreciation on machinery and cars, 10 per 

cent, per annum on $65,000, 



Equal to 2 y%% cents per bushel 



$660 00 
562 50 


775 00 
78 00 


245 
224 

272 


00 
00 

00 


70 
1,303 


00 

00 


2,112 90 
1,097 04 


250 


uo 


975 


00 


395 


48 


1,625 00 


$10,649 


92 



8 

Amount of coal tmnsporled during 3 months, Septembei, October and 
November, 1853 : 

September, 143,205 bushels. 4,773|- tons. 

October, 142,750 " 4,765 '< 

November, 151,890 " 5,063 '' 



Total, 437,845 Total, 14,601^ tons. 

Equal to 395,483 tons transported one mile. 
224 trains averaging 65jVa tons per train, nett. • 

Amount received for transportation: 

September, $;2,864 10 

October, 2,855 00 

November, 3,037 80 



Total, $8,756 90 

Total amount of coal transported over the Richmond and Petersburg 
and Clover Hill railroads, from the commencement of the business to the 
30th of April, 1853: 

1845 to '6, 459,905 bushela. 15,336 tons. 

1846 to '7, 1,058,190 '^ 
'7 to '8, 1,584,555 '' 
'8 to '9, 1,326,050 " 
'9 to '50, 1,252,250 " 

1850 to '51, 1,329,420 " 

'51 to '52, 1,380,983 ." 

'52 to '53, 1,559,280 '' 



35,270 




52,818 




44,201 




41,741 




44,314 




46,032 




52,100 




331,812 tons. 



Total, 9,950,633 bushels. 

Total amount received for the transportation of coal during the above 
period, vi2r: 

1846, $11,458 08 

1847, .... - 24,418 57 

1848, 32,311 50 

1849, - - - • - - 26,663 84 

1850, . - - . - 25,045 00 

1851, 25,798 47 

1852, 23,883 23 

1853, - - - - . - 28,038 03 

Total, - - - - $197,616 72 

9,950,633 bushels at 2rV,f per bushel, would amount to 241,803 38 
Amount received, 197,616 72 

$44,186 66 



9 

Receipts per mile run by trains, for the year ending April 30tk, 1853. 



Passenger trains, 182 j^o 

Freight trains, 156 ^Yo 

Coal trains, including passengers and freight carried at the 

same time, 65 yy^ 

\ Cost of coal transportation according to total expenses per mile run by 
trains for the same period. 

45,515 miles run by coal trains at 76.97 per mile 

run, (cost last year mile run) $35,046 55 

Deduction to be made for repairs of road on 
30,142 miles run on the Clover Hill road, at 
28 cents, $8,439 76 

Deduction for different items of expense not pro- 
perly chargeable to the coal transportation, 
viz: — 

Transportation passengers, mail, and 

baggage, $1,584 68 

Officers' salaries, 4,375 00 

Postages, newspapers, printing, <fcc., 494 23 

Contingent expenses, 1,438 05 

Branch road expenses, 2,335 32 

Repairs of depots, 1,885 92 

Office expenses. 147 61 

Repairs of turnpike, 3 39 



Amounting to $12,264 20 

Which would give 11.1 cents per mile run by 

trains. 
45,515 miles run by Coal Trains at 11.1 cents 

would be 5,461 80 



Making to be deducted from the above 13,901 56 



Leaving as properly chargeable to the coal busi- 
ness, $21,144 99 

Add interest on amount invested in cars, machi- 
nery, &c., $65,000 at 6 per cent., 3,900 00 

Allowance for depreciation and renewal of ma- 
chinery, 10 per cent, on $65,000, 6,500 00 



Total cost for the year, $31,544 99 

Income from the business, 29,938 34 



Leaving a deficit of ' $1,606 65 

It may be objected that the coal business should not be charged with 
its full share of the item of depot expenses, but when it is recollected 
that although by the previous contract, the Clover Hill Railroad Com- 
2 



10 

pciny were to load and unload the coal, the Richmond and Petersburg 
Railroad Company have always unloaded the cars in Richmond and 
Petersburg. 

It is chargeable also with a limited portion of the expenses which I 
have enumerated and deducted as not properly chargeable to it, viz: a 
portion of the item for printing, advertising, &c.; contingent expenses, 
which consist of insurance against fire, tfec, includes a portion of the 
machinery employed in the coal business. 

The item for repairs of depot also includes expenditures made to fur- 
nish additional room for engines and machinery required for this business. 

The largest portion of the item in last years' report under head *' Re- 
pairs of engines and cars," was on account of this business. 

I have not therefore, I think, made any charge that does not properly 
belong to it, while I have given it credit for some, of which it should bear 
its proportion. 

The cost last year of transporting 1,503,010 bushels of coal was 2.018 
cents per bushel, which, as will be seen, is a little less than the cost of 
transportation for three months of the present year; the difference being 
.412 of a cent in favor of last. The trains last year averaged 78.5 tons of 
eoal net in each train. 

Those for the three months, viz : September, October and November 
of the present year, only averaged 65.14 tons nets per train. 

Note. — From information received subsequently to the meeting of the 
Board, I find that 1 was in error in regard to the Baltimore and Ohio 
Railroad Company, having kept their rates at 1^ cents per ton per mile 
until last fall, and find that on the expiration of the contract alluded to 
by me, they reduced the freight to $1 75 cents per ton from Cumberland 
to Baltimore, or 1 cent per ton per mile, at which rate it remained until 
last fall, when it was raised to $2 25 cents per ton from Cumberland, and 
$2 561 cents from Piedmont. 



11 





1838 to 1839 

1839 to 1840 

1840 to 1841 

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13 

No. 1, B. 

Expense of transportation of the four original branches of Income, viz : 
Local travel, through travel, mail pay, and main road freight, and of 
$5,314 iVo branch road freight, in seven years; — exclusive of extraor- 
dinary expenses, of interest, and of plate iron laid in 1843-'4: 

1838 to 1839, 28,959,29 

'39 to '40, - - . - . 34,130,76 

'40 to '41, ..... 42,305,08 

'41 to '42, 43,377,93 

'42 to '43, 43,608,87 

'43 to '44, 39,663,00 

'44 to '45, 41,957,92 



274,069,51 
Plate Iron included in this amount now deducted, 24,795 



249,274,51 



Expense of transportation of all the eight branches of Income in eight 
years, adding the loss in weight of iron laid in 1843-'4, excluding 
extraordinary expenses and interest: 

1845 to '46, 45,282,10 

'46 to '47, ..... 58,319,16 

'47 to '48, 76,884,22 

'48 to '49, 72,810,14 

'49 to '50, 72,542,64 

'50 to '51, 76,026,09 

'51 to '52, 80,740,02 

'52 to '53, - - - - - 84,999,72 



567,603,99 



Add 10 per cent, for loss of weight of iron, 24,795 being 

the cost, 2,479,50 

570,083,49 



Coal transported in 8 years to Richmond, Petersburg and Walthall : 

1845 to '46, .... 459,905 bushels 

'46 to '47, .... 1,058,190 

'47 to '48, .... 1,584,555 

'48 to '49, .... 1,326,050 

'49 to '50, .... 1,252,250 

'50 to '51, .... 1,329,420 

'61 to '52, .... 1,380,983 

'52 to '53, .... 1,559,280 



9,950,633 
Average per annum 1,243,829 bushels. 



14 

Statement shewing what would be a profitable rate of transportation; 
taking the above 1 ,243;,829 bushels as the annual average: 

Assuming that the second mode of calculation is the most 
correct, the whole loss in S years was 68,747,23 

Average per annum, 8,593,40 

The whole coal receipts of S years were 197,616,72 

Average per annum, 24,702,09 

6 per cent, on 15,798,71 (per first calculation,) the coal 

proportion of branch road outlay, 947,92 

6 per cent, on 60,000, the outlay for coal engines and cars, 3,600,00 



37,483,41 

37,483,41 divided by 1,243,829, the average quantity transported ini 
8 years, gives the rate of 3 cents and a small fraction per bushel. 

Summary Statements. 

The transportation business of the Richmond and Petersburg Rail- 
road company, has been in operation 15 years, to I May, 1853. 

The object of the statements which have been prepared, is to shew, 
by four different modes of calculation, founded on the actual receipts 
and expenses of the 15 years, the expense of transporting coal from the 
Clover Hill Mines. 

For this purpose, the 15 years are divided into two periods, the first 
comprising the 7 years previous to the commencement of coal transpor- 
tation, and the second, the eight years during which it has been trans- 
ported. 

During the seven years there were four branches of income, viz : 
Local travel, through travel, freight and mail pay; and during 2 years 
of the 7, the sum of 5,314 i^o^ was received for branch road freight. 
The four branches were produced by transportation over the main road 
22|^ miles long. 

During the eight years there were three new branches of income added 
to the four original and the branch road freight, viz: Coal transportation, 
travel and miscellaneous freight to and from the mines, and Norfolk travel 
and freight. The average distance, on the company's roads, of the four 
new branches is 11§ miles. 

The amount of receipts in 7 years, per statement marked 

A, is 420,016,73 

The amount of receipts in 8 years, exclusive of coal 

freight, per statement A, is 637,940,28 

The amount of coal freight in eight years, per statement 

A, is 197,616,72 

The amount of receipts in eight years from all the eight 

branches, is 835,557,00 

The amount of expenses of transportation in seven years, 

per statement B, is 249,274,51 

The amount of expenses of 8 years transportation of all 

branches, per statement B, is 570,083,49 



15 

First Mode of Calculation, 

Making the expense of coal transportation bear the same propoition to 
the whole expense, as the coal receipts bear to the whole receipts: 

Whole receipts 8 years, - - - - ^Sf'^S'^o 

Whole expense of 8 years, - - - - VA-r'ni 2'?o 

Coal receipts do. l.n'Vnr fi7 

Coal expense do. - - - - - 140,107,67 

Add the original stock of engines and cars, worn out in eight years, viz : 
4 enffines at 7,000=28,000; SO cars at 225= 
18,000, 46,000 

8 years interest on 46,000, 22,080 

The cost of branch road and proper- 

ty, is an average of 47,539,09 

Deduct therefrom the cost of en- 
gines, cars and iron, 20,250,41 

27,288,68 



Of 27,288,68, the proportion applicable to coal 
transportation on the branch road, in the ra- 
tio it bears to the whole transportation on 
this road, is 15,798,71 

8 years interest on 15,798,71, is 7,583,38 

Amount of iron laid on branch 

road, 3,330 

Coal proportion of which, is 1,930 

10 per cent loss in weight in 8 years, is 193,00 

8 years interest on 1 ,930, ia 926,40 



8,702,78 

76,782,78 



Total coal expense, by this calculation, in 8 years, 216,890,45 

Total coal receipts in 8 yeais, 197,616,72 

Loss in eight years, 19,2/3,73 



Second Mode of Calculation. 

The whole expense of 8 years, is 570,083,49 

Assigning to the receipts of seven branches, f ex- 
cluding coal,) the same proportion of 570,083,49 
that the receipts of seven years, 420,016,73, 



16 



bear to the expenses of seven years, 249.274,51, 
the proportion amounts to 378,609,32 

Add the same proportion of 2,479 j%%, bein^ 10 
per cent, loss in weight of plate iron laid in 
1843 '4, 1,893,00 



Whole expense of seven branches of income in 
8 years, 380,502,32 

Whole expense of 8 years brought down, 670,083,49 

The residue ia the expense of coal transporta- 
tion in 8 years, ^ 189,581,17 

Add the amount of wear and tear, and interest, 

as stated in the first mode of calculation, 76,782,78 



266,363,95: 
Amount of coal receipts in 8 years 197,616,72: 



Loss in 8 years v 68,747,23! 

Third Mode of Calculation. 

Apportioning the expense of coal transportation to the number of miles 

run: 

The whole number of miles run in 1852-'3, 

was 110,444 

Of which the number of miles run in local trans- 
portation, was 45,515 

The whole expense in 1852-'3 of transportation 

of all the 8 branches, was 84,999,72 

If 110,444 cost $84,999,72— 45,515 miles will 
cost 35,028,00 

Amount of coal freight in 1852-'3, 28,038,03 



Loss on transportation of 1,559,280 bushels in 

1852-'3, 6,989,97 

The same proportion on the whole quantity 

transported in 8 years — 9,950,633 bushels — 

gives the total loss in 8 years, 44,607, 

To which add wear and tear, and interest, as 

stated in the first calculation, 76,782,78 



Loss in 8 years, 121,389,78 



Fourth Mode of Calculation, 

The whole cost of main and branch roads and 
property, according to the average of the reports 



17 



of 1849 and 1850, is AAQ .21 29 ^^^'^^^'^^ 

8 years interest ihereon amounts to J^n nsQ AO 

8 years total ordinary expenses, amount to 5/u,u&^,^J 

1,019,604,78 

If the whole amount of receipts in years— 
835,557-give 1,019,604,78, the amount of 
coal receipts-197,616,72-will give 241 ,022,00 

To which add the cost of the first set of engmes 
and cars now worn out, which were wholly 
employed in coal transportation, 40,uuu,vjw 

287,022,00 
Amount of coal receipts in 8 years, 197,616,72 

If 6 per cent, interest be charged on the coal pro- 
portion of cost of roads and property, the de- ^^ ^^^ ^^ 
ficiency is — I — 

JOHN WILLIAMS, 

Treasurer. 



18 

Statement of cost of a Coal TratJifrom Richmond to Clover Hill Pits, 
and back to Richmond. 



One engineer's wages at $2 80 per diem average, 2 80 

One fireman's wages at $1 '^ " 1 00 

Two brakesmen's wages at $1 " '' 2 00 

Wood for fuel in tender sawed, 4^ cords, at $2, 9 00 

Oil for engine and tender, 75 

Oil for twenty-five cars, 1 13 

Repairs of engine and tender, at 9 cents per mile run, (per 

report 1S53) 5 94 

Repairs of cars at 7 cents per mile run, (per report 1853) 4 34 

Assistant engine, 6;^ cents per ton, 78yV tons, (per report of 

1853) 4 82 

Water, 4,000 gallons pumped and received, 1 00 

Agents, oilers, hands, turning, &c., 4 cts. per ton, 78/^ tons, 3 15 
Average cost of engine and tender $7,500, 1^ needed to 
keep one running, lasting 6 years, and making average of 
221 trips per annum, or 1,326 trips in 6 years, dividing 
cost of 1 1^ engine and tender, or $11,250 by 1,326 trips, 
gives for each trip, 8 48 

Average cost of twenty-five cars, $275 each, $6,875, lasting 
5 years and making 221 trips per annum, or 1,105 trips 
in five years, dividing $6,875 by 1,105 trips, gives for 
each trip, 6 13 

Average interest for three years on 11,250, cost of 1^ engine 
and tender, is $2,025, which divided among 1,326 trips is 
for each trip, 1 53 

Average interest for 2^ years on $6,875, cost of 25 cars, is 
$l,031^Vu» which divided among 1,105 trips, gives for 
each trip, 93 



53 00 



Credits. 



By old engine and tender worth $3,500, divided among 

1,326 trips, gives a credit to cost of each trip of 2 64 

Nett coit of each trip or of transporting 78t% tons, or 2,361 
bushels of coal to Richmond, 31 miles, equal to 2yy^ cts. 
per bushel, or 64yV cents per ton to Richmond, or 2^^^ 
cents per ton per mile, 50 46 

Adding 2 cents per ton per mile toll over 13 miles of road of 
Richmond &. Petersburg road to 2r^j cents per ton per 
mile, cost of transportation, we have A-^l^ per ton per mile 
over 13 miles, 52 

And IS miles of transportation only at 2^^^ per ton per mile, 37 

Cost of bringing 1 ton or 30 bushels to Richmond, cts., 90 

or a very small fraction over 3 cents per bushel. 

Adding 10 per cent, on cost for profit, and rate will be 3/^"^ 
cents per bushel. 



19 
Statement of cost of Coal Trains to Petersburg and Port Walthall. 



1st. — To Petersburg. 

18 miles transportation, at 2.07 cents per ton per mile, 37.26 

9^ miles transportation and tolls, at 4.07 cents per ton per 
"mile, 3^-^^ 

Cost of 1 ton or 30 bushels to Petersburg, 00 75.93 

Equal to to 2.53 cents per bushel. 

Adding 10 per cent, on cost for profit, and rate will be 2.78 
cents per bushel. 

2nd. — To Port Walthall. 

18 miles transportation, at 2.07 cents per ton per mile, 37.26 

6h miles transportation and tolls, at 4.07 cents per ton per mile, 26.45 

Cost of 1 ton or 30 bushels to Port Walthall, 00 63.71 

Equal to 2,12 cents per bushel. 

Adding 10 per cent, on cost for profit, and rate will be 2.33 
cents per bushel. 

These three rates on the number of bushels carried to each place, 
would give an average rate on the transportation of all of 2.446 cents. 

PETER V. DANIEL, 
President. 



PROCEEDIIs'GS 

or 

THE STOCKHOLDERS 

IX THE 

RICHMOND AND PETERSBURG 

RAILROAD COMPANY, 

AT 

THEIR GENERAL MEETINGS, 

AND 

EEPORTS 

MADE BY THE PKESIDENT AND DIRECTORS 

TO THE 

STOCKHOLDERS, 

NINETEENTH MEETING, MAY 30, 1854. 



RICHMOND: 

H. K. ELLTSON, PRINTER, MAIN STREET. 
1854. 



NINETEENTH 

ANNUAL MEETING OF THE STOCKHOLDERS, 

Held on Tuesdat, Mat 30, 1854. 



At a meeting of Stockholders of the Richmond and Peters- 
burg Railroad Company, at the office of the Company in Rich- 
mond, on Tuesday, 30th May, 1854, 

Mr. Francis E. Rives was appointed Chairman of the meeting, 
and John Williams Secretary. 

The Chairman appointed Messrs. James H. Cox, Wirt Robin- 
son and Roscoe B. Heath a committee to examine proxies. 

The committee reported that they had examined the proxies, 
and found them to correspond with the list thereof, which report 
was approved. 

Mr. Francis E. Rives then resigned the Chair, and Mr. Gus- 
tavus A. Myers was appointed Chairman of the meeting. 

There being present, in person and by proxy, private Stock- 
holders entitled to 1,260 votes, and the proxy of the Board of 
Public Works, Mr. William F. Watson, entitled to 840, being 
two-thirds of the votes of private Stockholders ; in all 2,100, 
(the whole number that could be given being 2,507,) the meeting 
proceeded to business. 

The following report was presented by the President and Di- 
rectors, and read. 



ANNUAL REPORT 

Of the Board of Directors of (he Rich?non(l and Peters- 
burg Railroad Company. 

The Board of Directors of the Richmond and Petersburg Railroad 
Company respectfully submit to the Stockholders this their annual re- 
port, together with the accompanying statements, exhibiting the condi- 
tion of the affairs of the Company on the 30th of April, 1854, and of 
its business during the year preceding that date. 

In pursuance of the resolutions adopted at the last annual meeting of 
the Stockholders on the 31st May, 1853, the President and Treasurer, 
whh the concurrence of the Board of Directors, in the expediency of the 
resolution of the Stockholders, proceeded to issue and dispose of the 
convertible coupon bonds authorized by those resolutions and by the act 
of Assembly, all of which bonds were, under the proviso in the first of 
those resolutions, taken and paid for in monthly installments by the 
Stockholders of the Company; and were secured in conformity to the 
3d of those resolutions by a deed of trust, which was duly recorded ac- 
cording to law. 

It will be seen from the accompanying statements, that of the pro- 
ceeds of sales of those bonds, $61,556 71, including $6,890 04 of ex- 
change, commission and interest, were promptly applied to the ex- 
tinguishment of the Company's bonds, then past due in England, and 
$12,000 to the payment of its bonds past due here. A further amount 
of $43,142 17 of those bonds was applied to the payment of the certi- 
ficates of debt for dividends in the hands of the Stockholders, by receiv- 
ing from those Stockholders who took the coupon bonds those certifi- 
cates (which were bearing interest) in part payment for the coupon 
bonds. After these payments, there remained an amount of $58,301 12 
of the proceeds of the sales of these coupon bonds applicable to the pay- 
ment of $24,166 13, the balance of these dividend certificates, which 
were not claimed to be redeemed, and to the discharge of the debt, of 
$33,408, due to the Commonwealth for guaranteed dividends, which ac- 
crued during the year 1843 to 1849 inclusive. For this last debt, the act 
of Assembly above mentioned, authorized the Board of Public Works, 
at their option, to receive payment in the stock, thereby authorized, with- 



1(16 

in thirty days after the acceptance of the said act by this Company. 
The resolutions adopted at the last annual meeting were promptly com- 
municated to the Board of Public Works, and an opportunity afforded 
them of taking those coupon bonds convertible into the stock of the 
Com[)any ; but that Board did not avail itself of the privilege of taking 
them in discharge of the interest-paying debt due from the Company to 
the State. There remained, therefore^ under the control of the Com- 
pany, out of the proceeds of sales of those coupon bonds, a balance of 
$58,301 12, of which $24,166 13, the balance of the unredeemed divi- 
dend certificates, in the hands of Stockholders, were not demandable till 
the 1st of July, 1859, and the residue, $33,408, was, by the act of Assem- 
bly, passed March 9th, 1850, payable when the Company should declare 
and pay dividends on its capital stock. In the meantime, it would be 
proper that this balance should be invested in some mode, which would 
be profitable to the Company, at least to the extent of the interest ac- 
cruing on that amount of its coupon bonds, the sale of which produced 
it. 

In the judgment of this Board, no investment of this fund, which this 
Company could make, would be so profitable to it as would be the ex- 
penditure of the whole fund, together with any other available means 
of the Company, in the reconstruction of the track of its road with 
iron rails, as the decrease of the annual cost of repairs of the road-way 
alone would be equal to the interest on this fund, and a very consider- 
able sum towards defraying the principal. 

For these and other similar reasons, the Board, acting under the ge- 
neral authority vested in them, and especially in pursuance of the reso- 
lution adopted at the annual meeting of the Stockholders on the 1st 
June, 1852, determined at once to commence, and vigorously prosecute, 
so far as the means of the Company would admit of it, the renewal and 
relaying of the track of the road with iron edge rails. A purchase of 
327 tons of English rails, of about 51 lbs. to the lineal yard, at $70 per 
ton, was therefore made in the last summer of James Dunlop in Peters- 
burg, and they were laid during the summer and early autumn on that 
part of the road, which was most used between the junction of the 
Clover Hill and Port Walthall roads. Estimates were carefully made 
of the probable cost of renewing and relaying in the same manner the 
whole track of the main road and branch road to Port Walthall, from 
which it appeared that at the prices of materials, labor and supplies then 
current, it would probably amount to about $1 90,000. But experience 
has since proved, that the impracticability of procuring m time iron rails, 
exactly the weight calculated on, the heavy grading and ditching re- 



107 

quisite, and the great advance in the prices of labor, materials and sup- 
plies, will now make the actual cost exceed the estimate of $190,000, 
about $30,000; making the total cost of reconstruction of the track of 
the road and branch road amount to about $220,000. 

A reduction of the cash resources of the Company was caused by the 
purchase made by the Board in November last for $IG,000 cash, of two 
lots on Byrd street, fronting the Company's depot in Richmond, which 
were unexpectedly offered to the Board at this price, which is far less 
than its present market value. This property was believed to be essen- 
tial to the wants of the Company for the protection of its cars and loco- 
motives, and the accommodation of its increasing business. 

The expediency of completing the reconstruction of the track, at the 
earliest practicable period, must, we believe, commend itself to the con- 
viction ot every Stockholder. In addition to the reasons before men- 
tioned for its commencement, equally applicable to its speedy comple- 
tion, it may be sufficient to notice the following. This work was com- 
menced in the month of September last, and with all the obstacles re- 
sulting from difficulties and delays in procuring materials, and the in- 
terruptions and difficulty of keeping it level, caused by bad weather du- 
ring the winter and sspring, and from the passage of 12 to 14 trains a 
day over it, about 12 miles only were re-laid on the 1st day of this 
month. And yet the Treasurer's statement shows a diminution in the 
cost of repairs of track during this year of high prices for labor, &c., 
(during only a portion of which any of the work was done,) as com- 
pared with the same item of expense during the last year of $7,452 31 . 
The benefits resulting to the Company, from a partial reconstruction of 
its track, bear no adequate proportion to those, it would derive from its 
speedy completion. The force requisite to keep the remaining unre- 
newed portion in repair, would be disproportionately large. The same 
cars and motive power passing over these two descriptions of road, so 
different from each other, if most suitable and economical for one, 
would be least so for the other. 

In view of these considerations, the President of the Company, at the 
suggestion of some of the Stockholders, and with the concurrence of a 
majority of the Directory, applied for and obtained from the Legislature 
of Virginia the act of Assembly, authorizing the issue of seven per 
cent, bonds by this Company, passed February 18th, 1854, a copy of 
which is herewith submitted for the consideration and action of the 
Stockholders. As few or no railroad securities, which bear less than 
seven per cent, interest, and have no additional privilege given by them 
to the holders, can command a price at or near their par value, it was 



108 

deemed expedient to authorize the payment of that rate of interest on 
those bonds, which, if issued, will enable the Company to accomplish 
the objects recited in the preamble to the ret. 

A thorough revision of the tolls on freights, other than coal transport- 
ed over this road, was made by the Executive officers and the Direc- 
tory during the last summer, and has considerably increased the receipts 
on corresponding amounts of freights, without exceeding the rates of 
tolls of other surrounding roads. At the same time the Board were 
nearly unanimous in their strong conviction oi' the propriety of increas- 
ing the tolls on coal transported by this Company for the Clover Hill 
Railroad and other coal-mining companies; but as those companies had 
made their arrangements and calculations for the business of the current 
year on the expectation of the continuance during that period of the 
tolls then charged, the Board deemed it proper merely to apprise them, 
that prior to the 1st January last a new rate of tolls would be establish- 
ed, to take effect from that date. 

This was accordingly done, and the tolls on coal fixed at rates below 
which it is believed this Company could not afford to do this transporta- 
tion. Those tolls are now 3 and 3-lOths of a cent per bushel to Rich- 
mond, 2 and 3-4 cents per bushel to Petersburg, and 2 and l-3d cents 
per bushel to Port Walthall; being an advance of an average of 68-iOOths 
of a cent per bushel on the previous tolls for the amount of coal trans- 
ported during the year ending May 1st, 1853. This change has elicited 
some dissatisfaction and remonstrance from the Clover Hill Railroad 
Company, which the Board will still hope may be allayed by a more 
thorough examination into the subject, and maturer consideration of it 
by them; as a very careful investigation of it by the officers of this 
Company, with the aid of all the information they could derive from the 
accounts and business experience, both of this and other companies, has 
confirmed in them and the Board the conviction, that no reduction in the 
present tolls on coal could be made without a serious risk of loss to the 
Company. 

The subject of the compensation paid by the Federal Government for 
the transportation of the mail, is one of great and growing interest to 
this and every other Railroad Company. Since the commencement of 
this Company's contract with the Post Office Department in April 1851, 
the number of daily trips over the road for the mail has been, in January 
1852, doubled, for which additional service additional compensation to 
the extent of only about 26 per cent, was allowed, although it involved 
the necessity of a much greater proportionate increase of expense, not 
only in costs of daily transportation, but in the requisite enlargement of 



10;) 

the Company's stock of locomotives and cars. The great and daily 
growing increase of the weight and volume of the mails, resulting part- 
ly from the reduction in the rates of postage, but much more from the 
unlimited use and abuse of the franking privilege, has still more contri- 
buted to make the transportation of the mail on railroads most expensive 
and onerous to the companies performing it. In addition to these incon- 
veniences and expenses, the hours in which this transportation should 
be done, being under the control of the Post Office Department, have 
often, and especially during the past year, been so fixed as to require 
never less than one, generally two, much of the year three, and some- 
times even four trains to be run before and after daylight, so as to greatly 
hinder and reduce the local travel, which must and would otherwise pass 
frequently over this road. And although the act of Congress expressly 
authorized the Postmaster General, where mie half of the service over 
any mail route should be performed in the night season, to pay there- 
fore an additional compensation of 25 per cent., yet the application by 
the President of this Company, for such additional compensation in a 
case so eminently deserving it, was met by a positive refusal, and all 
his remonstrances against such injurious schedules of mail hours disre- 
garded and unnoticed. On the contrary, at the recommendation of the 
Postmaster General a bill is now pending in Congress, the effect of 
which, if passed, will be to place all railroad companies, transporting 
the mail, still more under the control of the Post Office Department, and 
to reduce the compensation for mail service, at least in the South, to one- 
half its present rate. Fortunately this ruovement has aroused the atten- 
tion and action of the country generally, and especially of the railroad 
companies throughout its extent, who, at a convention lately held, have 
determined to lay promptly before Congress a memorial, setting forth 
such facts as cannot fail, it is confidently believed, to prevent the passage 
of the proposed law, and to demonstrate to every unbiased mind its in- 
justice and the propriety rather of increasing than diminishmg the 
existing rates of compensation for transportation of mail over railroads. 

The same convention, it is beheved, will be productive of much be- 
nefit to this and other companies, as well as to the traveling community, 
in having given rise, by consultation together, to many useful sugges- 
tions and measures for the promotion of facilities in traveling between 
New Orleans and New York. 

From the Treasurer's statements, it will be seen that the total income 
of the Company, during the past year, is $139,437 70, being an increase 
of $13,420 37 on the income of last year; an increase which would 
have been much greater if the revised rates of tolls had not taken effect 
when much of the year's business had been done. 



110 

The total amount of ordinary current expenses is $92,435 52; or if 
the excess of stock of materials on hand, over the stock on hand last 
year, be deducted, it is $88,835 52, leaviug an increase of $1,335 80 on 
the working expenses of last year, which is to a great degree, if not 
wholly, chargeable to the condition of the old track of this road, and, 
still more, to the condition of the Clover Hill Railroad. 

The apportionment of these ordinary transportation expenses, only so 
far as they were capable of actual ascertainment among the coal, branch 
road, and other branches of the business of the road, has been made in 
the items of the Treasurer's statement of those expenses. But in addi- 
tion to the amounts therein charged to each of those branches, there is 
properly chargeable to each of them a proportion of nearly all the ordi- 
nary current working expenses, which proportion, under circumstances 
heretofore existing, could be the subject only of estimates, more or less 
conjectural, and upon the principles of which much difference of opi- 
nion exists. The fact that the same engines, fuel, oil and other supplies, 
together with the persons engaged about them, have been employed on 
each of these different branches of business, illustrates one of the ob- 
stacles to an exact or even approximate ascertainment of the cost of 
transportation on each. The more adequate supply of motive power 
and cars, which the Company will have during the ensuing year, allow- 
ing a greater separation of the force and equipments employed about 
each branch of transportation, and some changes in the regulations and 
system of accounts of the Company, now rendered more practicable, 
will, it is believed, enable its officers to present hereafter separate ac- 
counts of the expense of each branch of its business, much more nearly 
approximating, if not entirely attaining completeness and perfect accu- 
racy. 

The surplus revenue of $50,602 18, it has been deemed proper, if not 
necessary, to apply, after paying interest due on the debts of the Com- 
pany, to enhrging the Company's stock of motive power and cars, &c., 
for the accommodation of the increasing business of the road, as shown 
in the accompanying statement of extraordinary expenses. It is confi- 
dently expected that a comparatively small amount of this class of ex- 
penditure will be needed during the ensuing year, and probably for seve- 
ral years ; the Company being now for the first time for the greater por- 
tion, if not the whole period of its existence, in possession of a supply 
of motive power and cars, adequate, or nearly so, to the exigencies of 
its business. Supposing that as much as $15,000 were expended for 
this purpose during the ensuing year, there would remain a balance of 
saving in this class of expenditure (supposing the receipts and ordinary 
2 



Ill 

expenses to be during the next year what they were the last) of 
$20,564 71, apphcable to the payment of interest on the debts of the 
Company, and dividends. To this may reasonably be added a further 
saving of at least $12,000 more in diminished repairs of track and of lo- 
comotives and cars, and an increase of certainly not less than $15,000. 
and more probably, under the new rates of tolls, over $20,000 in the 
next year's receipts from transportation ; making an aggregate of $52,000 
apphcable to the payment of interest and dividends. 

The amount of interest, payable during the year, is at present 
$13,954 45, and would if the whole amount of bonds, authorized by 
the law of last winter, were issued at once, (which will not be needed, 
unless it will be better to sell them for secured interest bearing paper, 
which would equally save interest,) amount to $24,454 45, which 
would leave a balance applicable to dividends of $27,000, or about 4 
per cent, on the capital slock of the Company. This calculation is be- 
lieved to be a very moderate one, and one which experience will proba- 
bly more than realize. 

It is a question well worthy of the consideration of the Stockholders, 
whether these earnings of the Company shall be applied only to a par- 
tial reconstruction of their road, on a solid, permanent and more econo- 
mical plan, or to dividends upon their stock, defraying the expense of 
this permanent improvement and addition to their property, and to its 
value out of a loan, payable at such a remoter date as will enable the 
Company to meet its ultimate payment out of its increased business and 
diminished expenses, with a better road and adequate equipments. 

It is a fact not generally known, but which, if generally known, 
would most materially correct and enhance the public estimate of both 
the previous history and future prospects of this Company, that it com- 
menced its ojjerations with a capital stock wholly inadequate to the bu- 
siness it has since undertaken ; but that it has at length, through a series 
of years, supplied that deficiency to the extent of over 58 and a half per 
cent, on its original capital stock out of the earnings of its business. This 
fact alone, without enquiring into other causes, which have more or less 
contributed to that result, sufficiently accounts for the failure of the Com 
pany heretofore to pay dividends, except the $33,408 of guaranteed 6 
per cent, dividends paid to the Commonwealth, and the $43,142 17 paid 
ti) stockholders on account of dividend certificates of $23 13 per cent, on 
their stock. 

The amount of capital stock of this Company subscribed and paid for 
to the 1st May, 1854, is $679,873 94. and the amount of its liabilities to 
the same day is $259,616 13; making an aggregate of m«?ans. other 



112 

than its earnings, which it has enjoyed since its inception, of $939,490 07. 
But the amount it has paid to this day for the original construction of 
its road and branch road, and for addition to its stock of motive power 
and cars, and other property and equipments of the road, and in divi- 
dends to the State and other Stockholders during the same period, as 
will he seen by the accompanying statements of the Treasurer, is 
$1,337,362 84, being an excess of $397,872 47, or over 58 and a half 
per cent, of its whole capital stock paid in, which it has paid out of its 
earnings towards additions to its property, rendered necessary by its con- 
stantly incieasing business, to the amount of $321,322 30, and in divi- 
dends $76,550 17, besides defraying its annual expenses of repairs and 
transportation. * If the expense of the permanent reconstruction of the 
road be provided for by the proposed loan, these annual earnings, it is 
believed, will discharge the interest, and ultimately the principal of the 
Company's indebtedness, after paying a fair and increasing dividend on 
the stock, those earnings having at length nearly provided the Company, 
for the first time, with an equipment and accommodations commensurate 
with its business wants. 

The condition of the road, works and property of the Company, is 
fully set forth in the statements of the Superintendent, and is also alike 
gratifying and encouraging. The conduct of the officers and agents of 
the Company has been marked by efficiency, and fidelity, and attention 
to their duties. 

All of which is respectfully submitted. 

Signed on behalf of the Board of Directors. 

P. V. DANIEL, Jr., President. 



*NoTE. — This amount of indebtedness does not include an unsettled ac- 
count of about $10,400, for iron, rails, &c., recently received, though 
not used on the 1st May, and which is not included in the amount of 
$1,337,362 84, given as the aggregate cost of the property of the Company, 
and will not therefore affect the balance, or the result of this statement. 



The said report, with the accompanying documents, were re- 
ceived and approved : 

AN ACT 

AuthorizinfT the issue of seven per cent, bonds by the Rich- 
mond and Petersburg Railroad. 

Passed February 18, 1854. 

Be it enacted by the general assembly, that it may and shall be law- 
ful for the Richmond and Petersburg Railroad Company to issue cou- 
pon bonds bearing interest at the rate of seven per centum per annum, 
the principal to be payable at such time and place as may be deemed by 
the Company most expedient, and the interest to be paid semi-annually 
at such place as may be determined on for the payment of the principal 
of such bonds, to such extent as may be requisite to enable the said 
Company to complete an edge-rail superstructure over the whole length 
of their railroad and of their branch road to Port Walthall, and for the 
purpose of making improvements in the structures on the line of their 
road, and such additions to their stock of motive power and cars as they 
may deem advisable; provided, that the whole amount of bonds which 
shall be issued under this act shall not exceed the sum of one hundred 
and fifty thousand dollars. 

Be h further enacted, that the said Company be and they are hereby 
authorized to sell and dispose of the bonds authorized by this act, in 
such mode and on such terms as they may deem advisable, and to give 
such security for the punctual payment of the said bonds as they may 
deem expedient. 

This act shall be in force from its passage. 

State of Virginia, 

City of Richmond, to wit : — 

I, St. George Tucker, clerk of the house of delegates and keeper of 
the rolls of Virginia, do hereby certify that the foregoing is a true copy 
of an act passed by the general assembly of Virginia, February 18th, 
1854. Given under my hand this 24th March, 1854. 

ST. GEORGE TUCKER, 

C. H. D.tfK.(f the R. of Va. 



114 

The report of the examining committee was read, received 
and approved : 

Report of Examinirig Committee of the Richmond and 
Petersburg Railroad Company. 

The undersigned, two of the committee appointed at the last annual 
meeting of the Company, report, that on Saturday the 27th inst., ac- 
companied by the President of the road, P. V. Daniel, esq., and the 
Superintendent, Mr. Thomas Dodamead, they examined the entire 
road. They find the road from Richmond to Petersburg, and from the 
Junction to Port Walthall, in good order; the part including at this time 
about 13 1-2 miles, laid with heavy rail, done in the most substantial 
and workmanlike manner, and we think equal to any road in the 
Union. 

As regards the branch road leading to the Clover Hill coal pits, they 
deem it their duty to report that the condition of that road is such, that 
the transportation on it in its present dilapidated condition is dangerous, 
and in our opinion must be attended with serious loss to the Company, 
in consequence of damages to their engines and cars. We Avould res- 
pectfully suggest to the Directors of the Richmond and Petersburg Rail- 
road Company, an examination of the condition of this branch of the 
road, and that the terms agreed on with the Clover Hill Railroad Com- 
pany be complied with, if the original contract on that subject be bind- 
ing on them, and if not, that proper measures be taken to require the 
road to be put in order by the said Company. 

The workshops and machinery, the cars and locomotives and the 
depots, appear to be in good order, and reflect credit on the Superinten- 
dent of that department. 

Your committee, with the aid of Mr. F. Anderson, have also exami- 
ned the books and accounts of the Company, and as far as they are 
enabled to judge, find them accurately and neatly arranged, and the 
proper voucher for each expenditure charged. 

All of which is respectfully submitted. 

JAMES BOSHER, i 

30 May, 1854. HENRY C. CABELL, f ^<^"»*"««- 

I concur in the above report, so far as the examination of the books 
and accounts are concerned. 

FRED. ANDERSON. 
Ma^ 30, 1854. 



Ho 

Mr. Holden Rhodes ofFered the three following resolutions, 
which were unanimously adopted : 

I. Resolved, That the act of the general assembly of Virginia, enti- 
tled an act authorizing the issue of seven per cent bonds by the Rich- 
mond and Petersburg Railroad. Passed on the 18th day of February, 
1854, be and the same is hereby accepted by this Company. 

II. Resolved, That the President and Treasurer be, and they are 
hereby authorized and instructed to issue, and the President to sell and 
dispose of, coupon bonds of the Company bearing seven per cent in- 
terest, in amounts of five hundred dollars each, payable at the office of 
the Company on the first day of June, 1875, (the interest on said bonds 
to be paid semi-annually, at the said office, on the first days of June 
and December of each year,) to such extent, not exceeding in the aggre- 
gate one hundred and fifty thousand dollars, as may be requisite to com- 
plete an iron edge rail superstructure the whole length of this Com- 
pany's railroad and branch road to Port Walthall ; and for the purpose 
of making improvements in the structures on the line of the said road, 
and such additions to stock of motive power and cars as may be deemed 
advisable. 

III. Resolved, That to secure the punctual payment of the interest 
and principal of the said bonds, the President be and he is hereby 
authorized and instructed to execute and deliver to such person as he 
may see fit, a deed of trust or mortgage, in the most secure and binding 
form, on all the works and property, rights, privileges and franchises of 
the Company, acquired and to be acquired, conditioned for the punctual 
payment of the interest and principal of the said bonds; and especially, 
providing that if the interest due on any of the said bonds shall be and 
remain unpaid for the period of sixty days, after the same shall be due 
and demanded, the principal sum of all the said bonds outstanding shall 
forthwith be due and payable, and it shall be the duty of the trustee 
named in the deed, or any successor named in or appointed under the 
same, on the demand of the holder of any such bond or bonds, to sell 
at public auction, in the city of Richmond, (giving at least forty days 
notice of the time, place and terms of sale, by publication in one or more 
newspapers published in each of the cities of Richmond, Philadelphia 
and New York) the works and property, rights, privileges and fran- 
chises conveyed in the said deed ; and out of the proceeds of said sale 
to pay the principal and interest due on all the said bonds, which may 
be then outstanding ; although the said interest should, after the said 
period of sixty days shall have elapsed, be tendered. And the President 



116 

and Treasurer are hereby authorized and instructed to dehver to the 
trustee named in the deed, or to any successor named in or appointed 
under the same, all contracts, papers and agreements or other instru- 
ments of wruing necessary for the purpose of carrying into full efTect, 
DOW, or at anytime hereafter, the provisions of the said deed of trust or 
mortgage. 

To the second resolution of Mr. Rhodes, Mr. R. B. Heath 
offered the following substitute, which was rejected : 

Resolved,That the Board of Directors of the Company be and they are 
hereby authorized to issue, sell and dispose of, coupon bonds of the com- 
pany, bearing seven per cent interest, in amounts of five hundred dol- 
lars each, payable at the office of the Company on the first day of June, 
1870, (the interest on the said bonds to be paid semi annually, at the 
said office, on the first days of June and December of each year,) to such 
extent, not exceeding in the aggregate one hundred and fifty thousand 
dollars, as may be requisite to complete an iron edge rail superstruc- 
ture the whole length of this Company's railroad and branch road to 
Port Walthall; and for the purpose of making improvements in the 
structures on the line of the said road, and such additions to stock of 
motive power and cars as may be deemed advisable. 

Mr. Holden Rhodes offered the following resolution, which 
was adopted. Ayes, 1,584 — Noes, 457. 

Resolved, That William F. Watson, Gustavus A. Myers and James 
Bosher, be appointed a committee, who, in conjunction with a like 
committee, if such should be appointed by the Clover Hill Railroad 
Company, shall examine the road of the latter Company, the expenses 
of the transportation of coal thereon and therefrom, and the profits of 
such transportation; and that such joint committee, taking to their aid 
such engineers and accountants as they may agree upon, report the result 
of their enquiries, particularly the proper rates of freight on coal thereon 
and therefrom, and such other matters as they may deem pertinent, in 
order to an amicable settlement of the differences between the two com- 
panies, and such report to be made to the Boards of the two companies. 

Mr. P. V. Daniel, jr., offered the following resolution, which 
was adopted. Ayes, 1,785 — Noes, 61. 



117 

Resolved, That the rates of fare for the transportation of passengers 
over this road, after the 15th day of June, 1854, be not less than the fol- 
lowing : 

For first class seats, ...--- $ 1,25 

For colored persons, ...... 75 

Mr. Rhodes offered a resolution, that Mr. Daniel's resolution 
be referred to the Board of Directors. Mr. Rhodes' resolution 
was rejected, 

Mr. Heath moved that an amendment be made to Mr. Daniel's 
resolution, authorizing the Board of Directors to restore the 
former rates of travel, if they shall deem it advisable. The 
amendment was rejected. 

On motion, the meeting then proceeded to the election of 
officers. Whereupon, Mr. Peter V. Daniel, jr., was unanimously 
elected President of the Company, and Messrs. Holden Rhodes 
and Richard Barton Haxall were elected Directors on behalf of 
the Stockholders. 

Messrs. Francis E. Rives, Roscoe B. Heath and James H. Cox, 
were announced to have been appointed Directors on behalf of 
the State. 

Messrs. James Bosher, Frederick Anderson, Henry C. Cabell, 
William F. Watson and Gustavus A. Myers, were appointed the 
committee of examination. 

On motion, 

Resolved, That the President take such measures in regard to publish- 
ing the report of the President and Directors, and the proceedings of 
this meeting, as he may deem expedient. 

The meeting then adjourned. 

G. A. MYERS, Chairman. 

John Williams, Sec^y. 



119 

A. 
Statement of the affairs of the Richmond and Petersburg RaUroad 

COST OF ROAD AND PROPERTY. 

From Richmond to Petersburg, including inter- 
est per Statement A 1, - - - 909,233 06 

Of branch road to Port Walthall, including pur- 
chase of land, wharves, coal tracks, and cars, 45,539 09 

954,772 15 

Reconstruction of road, ... 89,153 94 

Land purchase, ----- 16,569 17 

Debts due to the Company. 

This Company's stock taken for debt, - - 5,376 06 

Open accounts, ----- 9,296 12 

14,672 18 

Cash on hand, 3,524 12 



1,078,691 56 



120 



Company, from the commericement of the work to the 1st of May, 1854. 



CAPITAL STOCK. 

Subscribed by individuals, 3,000 shares, 300,000 

Subscribed by the State, old stock, 2,000 shares, 200,000 

New do. 1,856 shares, 185,600 



685,600 



DEBTS DUE BY THE COMPANY. 



Dividend bonds to the State, - - - 33,408 
Coupon bonds, due 1st July, 1875, - - - 175,000 
Certificates of debt for dividends, 23,634 14 
Amount to credit of individual stock- 
holders, - - - - 531 99 



24,166 13 

Unclaimed interest on certificates of debt, 291 40 

Bills payable, 39,221 14 



272,086 67 
Profit and loss, ..... 121,004 89 



1,078,691 56 



JNO. WILLIAMS, Treasurer. 
Richmond, lat May, 1854. 



121 

A 1. 

Heads of expenditure for construction of Road and purchase of Property 
to \st May, 1854. 

Preliminary surveys, ------ 2,896 87 

Contingent expenses, ------ 2,352 74 

Purchase of Manchester and Petersburg Turnpike stock, - 23,841 35 

Engineering expenses, ------ 32,403 99 

Real property in Richmond, - - . - - 19,617 24 

Land damages, - - 19,209 95 

Graduation, - 167,027 60 

Superstructure, ..--.. 111,510 09 

Masonry, ...-.-. 72,223 29 
James river bridge, - - Masonry, 49,783 03 

Superstructure, 86,050 15 



135,833 18 

Falling creek bridge, - 10,889 30 

Swift creek bridge, 10,027 79 

Kingsland creek bridge, - . - . . 5,496 42 

Depots and workshops, - . . . . 13,106 72 

Richmond depot, .--..- 44,029 05 

Manchester depot, ..-.-. 3,359 04 

Water station, ------- 1,181 54 

Pocahontas depot, ..-.-- 8,011 79 

Locomotive engines and cars, ----- 97,508 69 

Omnibus, 1,639 83 

Officers' salaries, ------ 5,717 33 

Repairs of turnpike, ------ 1,389 97 

Interest on loans, - - - - 113,099 57 

Premium on sterling bills and commission on pay- 
ing loan due in England, - - - 6,859 72 

119,959 29 



909,233 06 



JNO. WILLIAMS, Treasurer. 
Richmond, 1st May, 1854. 



122 

B. , 

Statement of Financial affairs within the year ending 30th .April, 1854. 

Cash on hand, 30th April, 1853, 6,941 64 

Debts due by the Company, increased this sum, 102,358 87 

Debts due to the Company, decreased this sum, 4,561 45 

Transportation, received this sum, 139,437 70 

Cost of road and property, increased this sum, 7,060 04 

Reconstruction of road, expended 

this sum, ' 93,101 40 

Less sales of old railroad iron, 3,947 46 

89,153 94 

Land purchased in Richmond, 16,569 17 

Transportation — Expenses of trans- 
portation ordinary, 92,435 52 
Extraordinary, 35,564 71 

128,000 23 

Interest, paid this sum, 8,992 16 

Cash in hand 30th April, 1854, 3,524 12 



253,299 66 253,299 66 



JNO. WILLIAMS, Treasurer. 
Richmond, 1st Muy, 1854. 



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124 



D. 



Statement of Transportation expenses from 1st May, 1853, to Ist May, 

1854. 



Repairs of railroad, 

Repairs of engines and cars, 

Train expenses, 

Clover Hill transportation expenses, 

Depot expenses, including watching of James river bridge, 

Repairs of bridges, 

Transportation of passengers, mail, and baggage, 

Through travel expenses. 

Officers' salaries. 

Postages, newspapers, advertising, and printing, 

Train losses and damages, including coal. 

Contingent expenses and insurance against fire, 

Branch road expenses, 

Repairs of depots, 

Office expenses, 

Repairs of turnpike, 



JNO, WILLIAMS, Treasurer. 
Richmond, 1st May, 1854. 



15,174 62 


20,718 07 


13,649 21 


10,108 37 


13,788 29 


2,669 69 


648 33 


2,040 33 


4,500 


778 71 


1,626 98 


1,760 51 


3,762 15 


743 45 


96 14 


370 67 


92,435 52 



125 



E. 



Statement of Extraordinary Expenditures during the year ending April 
Both, 1854, 



On account of three new locomotives and tenders, 

" " three new passenger cars, 

•♦ " one new pair extra trucks, 

'• " one new baggage and mail car, 

" " two new box freight cars, 

" " nine new coal cars, 

" " two new crank cars, 

Total, 32,708 70 

On account of agent's house at Clover Hill Junction, 1,100 00 
'* " protection wall on south side of Com- 

pany's property on 9th street, 
•^ " brick wall next to Belvidere Compa- 

ny's pool on 8th street. 

Total, 1,770 09 

On account of new trestle work to accommodate coal 

business in Richmond, 
On account of new house for road hands engaged in 

repairs of track, 

Total, 1,085 92 

Extraordinary expenses — Total, $35,564 71 



19,444 39 
7,464 31 

600 00 
1,200 00 
1,300 00 
2,520 00 

180 00 


1,100 00 
566 64 
103 45 


738 49 
347 43 



126 

F. 

Statement showing Extraordinary Expenses, and other additions to the 
Property of the Company, exceeding tlie Capital Stock actually paid, 
and Loans, which have been defrayed out of the profits of Transporta- 
tion, from I6th May, 1838, to 1st May, 1854. 

Ten new locomotive engines, _ - . - 60,194 86 

Ten new passenger cars, .... - 20,348 09 

Freight and baggage cars, ... - - 9,555 

Coal cars, .-....- 26,572 

Carpenter shop, ...... 2,658 47 

Houses on the road, .----- 2,447 43 

New wharves, trestles, and walls, . . - - 3,480 12 

New iron and side track on the road, ... 8,348 17 

Re-flooring James river bridge, ... - 10,139 14 



142,743 28 
Re-construction of road, . - . - . 89,153 94 

Land purchase in Richmond, . - - - 16,569 17 

Dividends to Stockholders, paid $43,142 17 
Still due, §24,166 13 

- 67,308 30 

Dividends to the State, paid $33,408 

Still due, $33,408 - - - 66,816 

Cost of main road and property, - - 909,233 06 



Cost of branch road and property, - - 45,539 09 



Deduct capital stock actually paid, - 679,873 94 

And amount of debts due by the 

Company, 272,086 67 

Less available debts due 

to the Company, 8,946 12 

And cash on hand, 3,524 12 



954,772 15 
1,337,362 84 



12,470 24 



259,616 43 

939,490 37 



Whole amount defrayed out of profits of transportation, 397,872 47 

JNO. WILLIAMS, Treasurer. 
Richmond, 1st May, 1854. 



127 

G. 

Statement of Payments made to JVorfolk and Port Walthall Steamboat 
Association, for extra through travel, in pursuance of agreement dated 
2nd October, 1846. 

May, 1853, 107 27 

June, 107 90 

July, 148 45 

August, 230 44 

September, 228 63 

October, 173 95 

November, 129 48 

December, - - - - - - - - 118 76 

January, 1854, 128 22 

February, 168 17 

March, 217 25 

April, 155 82 



Richmond, 1st May, 1854. 



1,914 24 
JNO. WILLIAMS, Treasurer. 



SUPERINTENDENT'S REPORT. 

Office Richmond and PETERSBURa Railroad Co., | 
Richmond, April SOth, 1854. ) 

To Peter V. Daniel, Jr., President.' 

Sir, — I respectfully submit the following report of the different depart- 
ments of this road, for the year ending April 30th, 1854. 

Statements A to M inclusive, appended hereto, contain the business 
and working of the road in detail in all its branches. 

The gross revenue for the year is $139,437 70, and the ordinary 
working expenses, $92,435 52, being about 67 per cent, of the gross re- 
ceipts, leaving a nett revenue of $47,002 18 for the year. It will be 
seen, however, by statement L, that there is on hand, purchased and 
paid for during the year, materials for repairs of locomotives and cars, 
and for repairs to bridges, to the amount of $7,324 02. This is an excess 
over the stock on hand last year, at the same time, of $3,600, which 
should properly be deducted from the gross amount of expenses, and it 
would then leave the real cost of working the road $88,835 52, (or 
about 63 per cent, of the gross revenue,) leaving an actual nett revenue 
over the ordinary working expenses of $50,602 18. The high price of 
all kinds of labor and materials for repairs during the past year, fuel, 
oil, &c., has tended to increase the working expenses very much, but 
when the amount of business is done, and the character of the track is 
taken into consideration, I think it will compare favorably with other 
roads under similar circumstances. 

In view of the great saving that will be effected when the track is en- 
tirely re-laid in a substantial manner, I feel sanguine that the results of 
the next year will be exceedingly gratifying as well as profitable to the 
Stockholders. 

I. ROAD DEPARTMENT. 

Since the 1st September last, 12 miles of track have been laid with 
heavy rail, four miles, viz : From Port Walthall Junction, to between the 
11th and 12th mile post, is laid with U rail, weighing 51 lbs. per yard, 



129 

on oak cross ties, placed two feet apart from centre to centre; from thence 
to Temple's Turnout with T rail, weighing from 54 to 56 lbs. per yard, 
made at the Tredegar Works, Richmond, Va. A large portion of the 
road, where re-laid, has been thoroughly ditched and drained, and it is 
now in excellent order. The portion not yet re-laid is kept in as good 
order as possible, so as to prevent any liability of accident to the trains. 
Had the iron been delivered as promptly as was expected, I had hoped 
to have completed the relaying by the 1st of July, but will not now be 
able to complete it so soon. 

The cost of repairs of road will be found in the Treasurer's statement, 
and is $15,174 62, showing a diminution over the previous year of 
$7,452 69, although the work of reconstruction was not commenced be- 
fore September last. 

The items are as follows : 

Timber, sills, keys, spikes, plates, and wages of all overseers, and me- 
chanics' hire, subsistence, taxes, and clothing for negroes, tools, cast- 
ings, wrought iron work, &c. There has been expended during the 
same time, on account of reconstruction, less amount of old rails 
sold, - - - - $89,153 94 



Considerable repairs have been done to the bridge over Swift Creek, 
and it is now in very good condition. New bearing beams have been 
placed under the North end of James River Bridge, and such other timber 
and repairs as were necessary. It is intended to repair Falling Creek 
Bridge during the summer, and also place a new track upon the James 
River Bridge. The cost of repairs of bridges has been for the year, as 
per Treasurer's statement, $2,669 69, for all materials and labor. 

DEPOT BUILDINGS AND WATER STATIONS. 

Some repairs have been done to the depots during the present year, 
the cost of which will be found under head of repairs of depots in Trea- 
surer's statements, and amounts to $743 45. A new house has been 
built at the Clover Hill Junction, to accommodate an agent at that point, 
and to furnish a suitable stopping place for the men, in case of acci- 
dents, &c. The amount expended for which will be found in Treasu- 
rer's statement of extraordinary expenses. 



130 

fiRANCH ROAD. 

The expenses of the Branch road during the year have amounted to 
$3,762 25, which includes pay of agent, watchmen, hire, subsistence, 
taxes, and clothing of negroes, wages paid for extra labor, &c. ; and in- 
cludes between eleven and twelve hundred dollars expended for timber, 
labor, &c., in repairing wharves and depots. 

II. MACHINERY. 

I have the pleasure of reporting this important department of the 
road in better condition than I have ever known it since my connection 
with the road. The purchase of additional engines during the past year 
has, for the first time since the road went into operation, furnished suffi- 
cient motive power to perform the transportation with ease. Additional 
passenger and freight cars have also been added ; and when a small ad- 
dition to our freight cars, already authorized by the Board, are provided, 
we shall be abundantly supplied for some time to come. The amount 
expended for repairs of locomotives and cars during the year has been 
$20,7X8 07, which includes, however, the rebuilding and permanent im- 
provement of several passenger cars, and a large number of coal cars ; 
and also an addition to the stock of materials over those on hand at the 
corresponding period last year of $3,300, leaving the actual expenses 
$17,418 07. 
Expended as below : 
For repairs of engines and tenders, - $ 9,231 61 

" " " passenger cars, - - 3,093 73 

" " freight, wood, gravel, - 1,596 43 

" " coal cars, - - - 3,103 63 

" " " new tools, - - . 392 67 



17,418 07 
materials on hand, . . _ - 3,300 00 

$20,718 07 



Wages to machinists, blacksmiths, carpenters, and all mechanics. 

Bar, iron, steel, tyres, axles and springs purchased. 

Copper, lead, tin, bituminous coal. 

Work done elsewhere; charcoal, leather, &.c. 

Upholstery, trimmings and sundries 



131 

in. TRANSPORTATION DEPARTMENT. 

The operations of this department have been conducted throughout 
the year without any serious accident. Full details of tonnage and pas- 
sengers transported will be found in the statements appended. 

TRAIN EXPENSES. 

Under this head is included wages paid to enginemen, conductors, 
firemen, &c., on passenger and freight trains ; oil, cotton-waste and tal- 
low for all trains ; wood used by all trains on the main line ; lamps, 
bell cord, &c. ; and amounts for the past year to - $ 13,649 21. 

CLOVER HILL TRANSPORTATION. 

To this account is charged wages of agents at Clover Hill ; wages of 
enginemen, firemen, train hands, &c., engaged on coal trains; hire, sub- 
sistence and clothing of hands at stations on Clover Hill road ; wood 
used on Clover Hill road by coal trains, Stc, amounting to $ 10,108 37. 

TRAIN LOSSES AND DAMAGES. 

Under this head are payments for goods damaged or stolen on the 
road ; lost coal ; damage to persons and stock killed, &c. The payments 
under this head during the last year include expenses paid in Peters- 
burg, viz : medical and hotel bills, &c., for persons injured on ihe road 
in April, 1853, and amounts to - - - $1,626 98. 

DEPOT EXPENSES. 

Salary of freight and ticket agents ; wages of yard-master and hands ; 
hire, subsistence and clothing of hands employed at Richmond and Pe- 
tersburg depots ; wages to watchmen at Richmond and Petersburg de- 
pots, including the watchmen on James river bridge; coal for offices; gas 
and other lights ; ice, brooms and sundries ; rent of lot at Richmond, 

&c., - . - - $13,778 29 

Postage, newspapers and printing, _ - . - 778 71 

OFFICE EXPENSES. 

Sundry small items, stationery, Stc, - - - - $96 14 



132 

CONTINGENT EXPENSES. 

Insurance on James River Bridge (against fire ;) insurance on depots 
and goods ; insurance on depots at Port Walthall; insurance on car- 
penter shop ; insurance on locomotives and cars ; insurance on machine 
shops ; insurance on stables, horses and omnibuses; and small items 
not belonging to any particular account, amounting to $ 1,760 51* 

REPAIRS OF TURNPIKE. 

The turnpike stands indebted to the amount of $ 370 67 for the year, 
which is to be accounted for in consequence of the necessity of new 
flooring Appomattox and Rowlett's bridges. 

THROUGH TRAVEL EXPENSES. 

To this account has been charged this Company's share of the ex- 
penses of establishing and maintaining a system of baggage crates and 
through checks for baggage, by which passengers have their baggage 
checked at Weldon for Washington, where it is again checked for New 
York, and includes its share for the previous year, as the returns were 
not received in time to come into that year's payments, 

TRANSPORTATION PASSENGERS. 

Mail and baggage in Richmond and Petersburg, - $648 33 

All of which is respectfully submitted. 

THOS. DODAMEAD, Superintendent. 



133 

STATEMENT A. 

Business of the Richmond and Petersburg Railroad for the year 
ending ^pril ZOth, 1854. 



Coal transported in tons, . _ _ 

Tobacco transported in hhds.. 
Flour transported in barrels, - - - 

Cotton transported in bales, - - _ 

Total amount of freight of all kinds in tons. 
Number of tons hauled one mile, 
Miles^un by freight trains, - - - 

« " " coal trains, - - - 

Receipts per mile run by freight trains in cents 

" " " " " coal trains, " " 
Average tons of coal'per train nett, - 



- 53.475 

- 10.571 

- 33.579 

1.494 

- 74.986 

- 1,895-126 

- 15.868 

- 53.209 
188.23-100 

- 71.36-100 

- 68.63-100 



PASSENGER TRAVEL. 

Number of through passengers during the year, - - 29.453 

Number of local " " « »« _ . 45.831 

Total number of passengers, - - - _ _ 80.760 

Number of passengers carried one mile in the cars, - - 1,686.104 

Miles run by passenger trains, - . . _ 36.922 

Weight of passengers and baggage in tons, - - - 8.070 

Passengers hauled one mile in tons, - - - _ 168.610 

Receipts per mile run by passenger trains in cents, - - 195.5-10 

RECEIPTS OF ROAD. 

From freight on coal, - - - . . $35,852.92 

miscellaneous freight and travel by coal trains, - 2.248.69 

freight carried by freight trains, - - - 29.117.96 
freight, extra baggage and express freight, carried on 

passenger trains, - - - . . 1.188.95 

transportation U. S. Mail, - - - - 7.622.93 
passenger travel, ----- 63.383.00 

tolls on James River Bridge, - - . 23.25 



Total receipts. 



$139,437.70 



131 
STATEMENT B. 

Rolling Stock on the Road, Jipril 30</i, 1854. 



LOCOMOTIVE ENGINES. 

7 Eight Wheel Engines with tenders. 

6 Six Wheel Engines with Tenders. 

1 Four Wheel Engine with Tender. 

jl4 

One extra Tender. 

COAL CARS. 

126 Four Wheel. 

CARS FOR FREIGHT AND GENERAL USE. 

7 Eight Wheel Box Cars. 

6 Eight Wheel Half Box or Curtain Cars. 
16 Eight Wheel Platform Cars, 

2 Eight Wheel Wood Cars, 

2 Eight Wheel Empty Barrel Cars, 

2 Four Wheel Box Cars, 

4 Four Wheel Dumping Cars. 



39 



PASSENGER, MAIL AND BAGGAGE. 



7 Eight Wheel Passenger Cars. 

1 Four Wheel Passenger Car. 

3 Eight Wheel Mail Baggage Cars. 

2 Eight Wheel Baggage Pla forms. 

13 Total. 

There are also ten Track Layers, Hand and Crank Cars, used in re- 
laying and repairing road, &c. 

The number of horses belonging to the Company, are 13; baggage 
and mail wagons, 5 ; other wagons, 5. They also own one half of 
two omnibusses used for transporting passengers between depots. 



135 

STATEMENT C. 

Statement of Coal transported from Clover Hill during the year ending 
jlprilBOth, 1854. 



Months. 


c 

5 


1 


O C8 


be <u 


o « 


< £ 




No. of 


No. of 


No. of 










Bushels. 


Bushels. 


Bushels. 






' 


May, 


12,080 


7,155 


114,660 


133,895 


4,463.166 


$2,677 90 


June, 


9,390 


2,470 


139,755 


151,615 


5,053.833 


3,032 30 


July, 


16,460 


9,235 


110,765 


136,460 


4 548.666 


2,729 20 


August, 


32,755 


11,595 


98,865 


143,215 


4,773.833 


2,864 30 


September, 


39,840 


20,810 


82,555 


143,205 


4,773.5 


2,864 10 


October, 


47,715 


18,765 


76,270 


142,750 


4,758.333 


2,855 00 


NoTember, 


68,285 


26,145 


57,460 


151,890 


5,063. 


3,057 80 


December, 


63,150 


26,875 


26,715 


116,740 


3,891.333 


2,372 10 


January, 


45,200 


24,305 


12 585 


82,090 


2,736.333 


2,453 64 


February, 


68,035 


25,150 


45,320 


138,505 


4,616 833 


3,998 37 


March, 


37, .560 


7,310 


84,620 


129,490 


4,316.333 


3,414 97 


April, 


32,845 


18,605 


83,045 


134,495 


4,483.166 


3,533 24 


Total, 


473,315 


198,420 932,615 1 


1,604,350 


53,478.333 


$35,852 92 



SUMMARY. 



To Richmond, 473,315 bushels. 
To Petersburg, 198,420 " 
To Port WaUhall, 932,615 



15,777.166 toas. 
6,614. 
31,087.166 " 



Total, 



1 ,604,350 " To'l, 53.478.333 



Equal to (1,429,296) one millon four hundred and twenty-nine thou- 
sand two hundred and ninety-six tons hauled one mile. 

Amount received for transportation on the same per ton per mile 
61-100 cents; two cents and fifty one hundreths. 
Average tons in each train 68 64-100. 



136 





ODODOOOOOOOOOOOOODOOOOOO 
tn t;' Oi Oi Oi Oi Oi Oi 0> Oi Cn Oi 
i*»*^rf».*.WIU5C0CJ00tO00t0 


Years. 


May, 

June, 

July, 

August, 

September, - 

October, 

November, 

December, 

January, 

February, 

March, 

April, 

Total, 


Months. 




I-* to 00 ^ *>. tn W 05 to 
h-oiaji to O -4 00 W tn >*' H- 


Tobacco. 
Hhds. 


c 
o 


H- *» Oi >t^ to 4*. H- CD -J tn 


Flour. 
Barrels. 


to 

o 


K)i_i K) — lO to h- i-- to to lO 

lOCT5-JOQ005H-c:^tOt^4». 
^totnixito-Jio-i«oaiOO 


Whiskey. 
Barrels. 


as 
to 

OS 


1-' 
to to to *>. tn *» -JO s^ 

OtOh-tOtO^OltOh-'OOJ^tO 

ootnooH--i~ia5jo-ji— ^~i 


Nails and 
Spikes. 

Kegs. 


w 

00 

o 


tOOitOtni— 'tOtO^tOOitn 
Ul 00 00_lO *» ^^i°j^ ^'i* "^ 
"i-.O'^ Oi 05 to CD tn'to'tnlo'^ 

asiotootOiocscoDocoo) 
h-oo*-.aoo^h— ^oooTQoto 


Iron. 
Lbs. 


«1 

CD 
00 
-J 


»-• l-» 1— 4^ to CO 

csj-i 05 P^i"* o Caj *» o as 
oo"tooo ' ' "aiVi'cD'cD'to'H-'^ 

^Jib-tO tOOtO^'Oiiti.oo 
O -1 tn ^ GO 00 CD Oi *>. o 


Lumber. 
Feet. 


w 

00 

to 

'<T> 


tOtOIO?OtO*kOO*»WCOtOtO 
0^050500*^000 to ^oi*». 

tnf— ^c*;^o--J^o^^o^*.rf^. 

tOOJQOO^i».CriCOOCT)OCO 
OlCOCDintnonjOOnQOiOOOO 
^COOnh- '1— '*kl— CDCltOCDOl 


Miscellaneous 

Freight. 

Lbs. 


O 


W C5_CD_CD_00 Oj-lj-J j-J j-J 00 to 

"•-i'*^"o5"jo"--i'to"ai"to"'^~'*»"oo o 
^iOrfi-rf^^i— 0501CD^-^^o 

4».H-ontnOi-.0'005tOC50 


Way Freight. 
Lbs. 


o 


f55^^?5^2"^2"w*-toto 
i£$^i5P£2?"=^«^-^"05>f' 

psOiOlOOOai.— COGOQOOlOO 

O5a^^ocogow1*>.02ioblbl^ 
--^04^h-ooooto*»^^cD^ 

tnOO-Jh-'^CDtOCOOOtOOStO 


Tons. 


CD 


-j^tntntn^Cn^j-j^ 05^^ 
tOl— CDOiOaiCDt/iOOiJOOO 
0050^0000500 to 03*^tO 

O500Q0COCDO5t;i0D00^tOI— ' 
— ^1 t-T 05 On *>. JO -J to ^] to H- 


Amount. 



C3 






a. 






^ 


02 




> 




ts 


c^ 


g 




tS 


"5 


'^ 


rt 


H 










a 






O 


ac; 




tu 




V, 




-j 








o~i 




to 




o 





Ox 



1= 



o 



13^ 



CD 
CO 



•I' 









bo 



«? 



< 


OO-Vt^ClCiCOOOt^CJiOl^QO 

r-CTOOo-*Q0i-iin — looo 

O* C^l~ O Cl «> W '«"* t- 05 00 


OS 

o> 

00 
CO 


o 


COOC^irt— "OC»5t~Q0C>0OQ0 
'S'CTil— (M C0<X>r^C>p00OQ0Q0 

rHO'^incot^oicnob'T'joo 

t~<710Cr}-«"— <l^Q0-^Q0C5O 
•«* to OJ^rH^"* CO CJ .-H (?} (7} rr •««< 


CO 

o; 

lO 

otT 


•sqq 


in to o lO o oooo 

C2_QOlf5CO_ t-^ CJ_0 0_0 

a) '-I CO t^ ^ a^ r-i 

CO 


lO 
CO 

CO 

■>«< 

CO 


sno3ucn3os!i\[ 


(rj(7J-<.-HiOOOOCi'*COCOO 

in o ai_ (?}_ t^_^ fo^ r-;_ CO iq_ to en ^ 

-H CO of ct" CO r-" CO oT lO" O" to CO 

coco-^ioi^t^t^cocoinooco 


00 
CTi 
CM 
CO 
(M 

00 


•soiisamoQ 


uot~(J:a5TOuoiocoQOfor- 
«i-(irtco-^c<-^t-ocoooo 

-H r-1 1— 1 i-l I— 1 I— 1 (?} 


CO 

o 

CO 


•sqT •J3qiE3'7 


-^C^iOOOOCO O '-^CO 
cot— iiniio-^coi^ m t~t^ 
CO co_C}^fo_co_i-; a>_ t- "* f-;, 

i-TrH r-T -"t -^ ■>1<" Cfco 


o 

lO 


•sqq 'oajj 


Ot^COiOt^O-^Ot- — t^fO 

Oi— icocrxsioocoooo-^ooai 

CTJOlt^t^t— 00O5_-^lO_-HrH_O5 

i-Tco t-- •'i''"'*" CO (N ifT'-aro 

CM ^H CO (M CO "* <M 


en 

oT 
o 

CM 


•sjaqsng -ujoq 


o •^ 

OQO 


00 


•s[3qsng 

•1E3I1A\ 


i^'iO 00 t^ CD a -rf CO -H 

t^(M o^crjocoo r-t- 

t— CO <^t:^ ""^t^* '"' 

i-T f-T 


00 
lO" 


•s3[Ba -uonoo 


t^cjicoo t^(M'*'cor~-^m 

toco lO lO t- CO lO CM O 1— 
—1 l-l C* (M (?J — < r-H 


Ctl 


•S[9JJGJ{ 

jonbiq Adtn[;y 


uoc^ciocomcot^cDcoo 

OOOKO— CJCOiOCOCl'i'O 
•a<i-li-(P0-<5>-*-^«:l''3<(MCO 


00 
CO 


jno{j iCiduig 


1— (OOC'j'-Hirtt^m"*-HOf 

ODl-OOlCCO-^'— lCO'3<'^COCO 
CO — ( GO rt CO i-H^CD GO ^0}_C0 


o 


■spqH -Braaig 


'*m'«j'io-^Q0fflico'a't~(Me»5 

OOCO-^'*'CO-^-^OJ'*(M'-< 


Irt 

00 


•spqH 
•oooEqoj, 


(X)C5OJl-0t^COlf5C0a>COC}ff3 

CI o_t^iq_i< M (M lO f 


CO 

lO 


s 

o 


1853— May, 
June, 
July, 
August, 
September, 
October, 
November, 
December, 

1854 — January, 
February, 
March, 
April, 


a 
1 



r- 00 
irt t- 

00 00 






uo to 

UO (M 

ooc^^ 



^ >« 



fa 



CO ea 

43 -C 



HH 



138 
STATEMENT F. 

Miscellaneous Tonnage Transported between Richmond and Clover Hill, 
betioeen Clover Hill and Petersburg, and between Port IValthall and 
Clover Hill, during the year ending .Mpril 30th, 1854. 

RICHMOND TO CLOVER HILL. 

Miscellaneous freight, consisting of groceries, corn, 
iron, liquors, dry goods, castings, meal, furni- 
ture, guano, &c., - _ _ _ 553 tons 

CLOVER HILL TO RICHMOND, 

Tobacco, 108 hhds., weight 64 tons. 

Wheat, 9,729 bushels, 292 " 

Miscellaneous, - 22 " 

_ 378 " 

Total, 931 

CLOVER HILL TO PETERSBURG. 

Wheat, 886 bushels, 26 tons. 
Tobacco, 5 hhds., 3 tons. 

— 29 " 

PETERSBURG TO CLOVER HILL. ' 

Miscellaneous freight, groceries, guano, &c., 45 " 

Total, 74 

PORT WALTHALL TO CLOVER HILL. 

Hay, rope, powder, oil, machinery, Stc, 91 

1,096 

Equal to 33,088 tons hauled one mile. 



139 

STATEMENT G. 

Tonnage transported between Richmond and Port Walthall, during the 
year, ending .April oOth, 1854. 



DOWNWARDS. 



32,059 1-2 barrels ol' flour, weight 3,463 tons. 
Miscellaneous freight, 43 

Freight to go by steamer, 298 " 



Total, 3,804 



Iron rails, tons of 2,240 lbs., 4,500 tons. 

Flour, 510 bbls., 55 " 

Freight by steamer, 284 " 



Total, 4,839 

Total both ways, 8,643 



Equal to 172,860 tons hauled one mile. 

RECAPITOLATION OF TONNAGE. 

Total aggregate tons of freight, other than coal, 21 ,51 1 

Total aggregate tons oi" coal, 53,478 

Total aggregate of all freights, 74,989 

Being equal to (1,895,126) one million eight hundred and ninety-five 
thousand one hundred and twenty six tons carried on mile. 



140 

STATEMENT H. 

Local Passengers between Richmond and Petersburg during the year end- 
ing ^pnldOth, 1854. 

J^ORTHW^RDLY. 



£ 


^ 


Way Pas- 


Way Pas- 


Petersburg to 


a 


T3 • 


a 


o 


sengers 
put down. 


sengers 
taken up. 


Richmond. 


e2 








4J 


,s 


o 


M 


ID 


ja 


o 










^ 


o 


'■S 


a 


JZ 




JS 










j^ 


oq 


i? 


M 


^ 


cq 


is: 


pa 




1853, 


May, 


35 


32 


Ill 


89 


l,266i 


546 


l,412i 


667 


2,079| 


1853, 


June, 


105 


47 


52 


15 


1,189^ 


261 


1,346.< 


323 


1,669| 


1853, 


July, 


49 


13 


56 


46 


1,405 


272 


1,510 


331 


1,841 


1853, 


August, 


54 


18 


43 


47 


1,3.35 


314 


1,432 


379 


1,811 


1853, 


Sept'r, 


261 


10 


60i 


54 


1,306 


3471 


1,393 


41U 


1,804 i 


1853, 


Octo'r, 


23 


1 


44 


59 


1,284 


364 


1,351 


424 


1,775 


1853, 


Nove'r, 


22 


7 


38 


25 


l,711i 


265 


1,77U 


297 


2,0681 


1853, 


Dec'r, 


28 


36 


34 


107 


1,410 


446 


1,472 


589 


2,061 


1854, 


Janu'y, 


44 


9 


36 


62 


1,285 


294 


1,365 


365 


1,730 


1854, 


Febr'y, 


33 


3 


41 


40 


1,0701 


207 


l,144i 


250 


1,3941 


1854, 


March, 


56 


16 


52 


44 


1,220 


287 


1,328 


347 


1,675 


1854, 


April, 
Totals, 


42 


37 


56 


70 


1,263 


302 


1,361 


409 


1,770 




51712291 


6231 


658 


15,746 


3,905i 


16,887 


4,792i 


21,6791 



SOUTHWARDLY. 



S2 


.a 


Way Pas- 


Way Pas- 


Richmond to 








o 


sengers 
put down. 


sengers 
taken up. 


Petersburg. 


1 


C3 5 

OH 






(U 


^ 


aj 




in 

-2 


M 


01 


^ 








J5 


n 


.c 
^ 








J3 






1853, 


May, 


99 


63 


87 


54 


1,2661 


511 


1,4521 


628 


2,0801 


1853, 


June, 


108 


39 


59 


27 


1,302| 


311 


1,4691 


377 


1,8461 


1853, 


July, 


66i 


54 


62i 


29 


1,4881 


306 


1,6171 


389 


2,0061 


1853, 


August, 


en 


39 


75 


46 


1,164 


379 


1,3061 


464 


1,7701 


1853, 


Sept'r, 


96i 


48 


72| 


38 


1,381 


477 


1,550 


563 


2,113 


1853, 


Octo'r, 


96| 


54 


48i 


39 


1,2971 


367 


1,4421 


460 


1,9021 


1853, 


Nove'r, 


1141 


39 


30 


20 


1975 


369 


2,119.1 


428 


2,5471 


1853, 


Dec'r, 


86 


198 


631 


57 


1,488 


527 


1,6271 


782 


2,4091 


1854, 


Janu'y, 


66 


55 


55 


30 


1,250 


339 


1,371 


424 


1,795 


1854, 


Febr'y, 


52 


41 


59 


17 


1,139 


226 


1,250 


284 


1,534 


1854, 


March, 


58 


50 


63 


28 


1,171 


320 


1,292 


398 


1,690 


1654, 


April, 
Totals, 


63 
973i 


95 
775 


95 


55 


1,366 


358 


1,524 


508 


2,032 




760 


440 16,289 


4,490 


180221 


5,705 


23,727^ 



141 

STATEMENT I. 

Through passengers for the year ending April 30th, 1854. 

SOUTHWARDLY. 





^ 


d 


V 


d 


ra 


o 






fl° 


s-^ 


pS 


a w) 


o § 






Months. 


2t 


Fro 
adel 


Fro 
Itim 




Richn 

to 

Weld 


n 


Total. 






la 


a 
P3 


a 


5 




1853— May, 


159 


561 


153 


- 


283 1 


29 


681 


June, 


153 


67 i 


1261 


- 


248 


191 


6141 


July, 


2131 


52 


109 


~ 


322 


8 


7041 


August, 


172 


134 


244.1 


- 


443 


26 


1,0191 


September, 


859.1 


401 


370| 


- 


7791 


6 


2,416| 


October, 


672 


2791 


278 


- 


605 


151 


1,850 


November, 


4081 


181 


2131 


- 


504 


4 


1,311 


December, 


16U 


113 


1721 


- 


531 


2 


980 


1854 — January, 


277 


181 


121.1 


- 


624i 


3 


1,207 


February, 


116| 


135 


109 


- 


387 i 


6 


754 


March, 


511 


289 


229 


1671 


335 


161 


1,548 


April, 


116| 


90 


139 1 


218 


235 1 


6 


805 i 


Total, 


3,820 


1,9791 


2,2661 


3851 


5,298i 


141 1 


13,891i 



J^ORTHWARDLY. 





B 


c 






"SS-o 


U3 




Months. 


o _« 


g "So 
fa £ 




o "a 
^1 


Weldon a 
Gaston 
Richmo 


11 


Total. 




O 


^ 






Ph 




1853— May, 


5761 


781 


33.1 


48| 


2061 


150 


1,093,1 


June, 


5731 


67.1 


40 


24 


242 


175^ 


1,1221 


July, 


920 


1271 


80 


23 


399 


146 


l,695i 


August, 


1,3141 


369 


99,1 


31 


279 


183 


2,276 


September, 


323.1 


169i 


571 


10 


2471 


3281 


1,1361 


October, 


278 


138 


481 


2 


144 


196 


8061 


November, 


222 


184 


29 


1 


130 


154 


720 


December, 


3041 


2641 


32 


16 


207 


128 


952 


1854 — January, 


2141 


374 


581 


3 


189 


171 


1,010 


February, 


- 


1,267 


901 


4 


209 


171 


1,7411 


March, 


- 


915 


164 


10 


224.1 


3201 


1,634 


April, 


- 


846 


149^ 


28 


3004 


140 


1,464 


Total, 


4,727 


4,800| 


8821 


2001 


2,778 


2,2631 


15,652 



142 

STATEMENT J. 

WTwle JVumber qf Passengers Carried on Trains during the year, ending 
April ZOth, 1854. 





SOUTHWARDLY. 




Through Passengers, 
Local 




13,891 1-2 
23,727 1-2 

S7 filO 








NORTHWARDLT. 




Through passengers. 
Local " 




15,652 
21 ,679 1-2 
37,33U 



Steamboat passengers by way of Port Walthall, 

downwards, 2,036 

Steamboat " *• " " 

upwards, 2,750 

Way passengers to and from Port Walthall, Rich- 
mond and Petersburg, and different points on 
the road, 637 

Between Richmond, Petersburg and Clover Hill, 

&c., downwards, 232 

Between Richmond, Petersburg and Clover Hill, 

&c., upwards, 255 



4,786 



487 



Total number of passengers, 80,760i 
Equal to (1,686,104) one million six hundred and eighty-six thou- 
sand, one hundred and four passengers carried one mile. 
6 



143 

Amount Collected for Extra Baggage and Freight carried on Passenger 
TVains, and for Express Freight carried on Passenger Trains, during 
the year. 

BETWEEN RICHMOND AND PETERSBURG. 



Date. 


Extra Baggage 


Express Freight. 


Total. 




and Freight. 






1853— May, 


13 50 


39 81 


53 31 


June, 


7 00 


23 09 


30 09 


July, 


31 25 


22 95 


54 20 


August, 


16 37 


20 47 


37 34 


September, 


18 25 


36 40 


54 65 


October, 


18 50 


50 91 


66 41 


November, 


26 25 


49 29 


75 54 


December, 


19 50 


55 00 


74 50 


1854 — January, 


23 25 


36 87 


60 12 


February, 


18 75 


41 25 


60 00 


March, 


22 25 


79 33 


101 58 


April, 


17 75 


76 84 


94 59 


Total, 


$236 62 


$532 71 


$762 33 



This amount is included in Treasurer's statement as receipts of freights. 



144 

STATEMENT K. 

Statement of Miles run by TVains of all kinds during the year, ending 
AyrilZmh, 1854. 





bOn 


43 m 


ui 


U C c3 


^ lO 


. 




c a 


bc a 


"rt 2 


s^ '-' S 


U C 


05 


« 


to g 


£2 


c32 


.2 O "S rt 


Q2 




Q 


C3N 


feH 


^H 


H ^ S- 


H 


1853, 


May, 


2,633| 


2,034.i 


4,619 


475 


. 


9,762 


1853, 


June, 


2,7661 


2,334i 


4,546 


516 


- 


10,163 


1853, 


July, 


3,303 1 


2,230 


4,135 


542| 


- 


10,211 


1853, 


August, 


3,207 


1,967| 


4.401 


9091 


. 


10,485 


1853, 


September, 


2,403 


758 


4,800 


832 


- 


8,793 


1853, 


October, 


2,7651 


1,070 


4,754 


1,221 


68 


9,8781 


1853, 


November, 


3,470 


808 


5,110 


747 


371 


10,506 


1853, 


December, 


3,507 


859 


4,152 


282 


842 


9,642 


1854, 


January, 


3,5011 


630 


3,804 


876 


214 


8,825.1 


1854, 


February, 


2,891 


1,4091 


4,542 


815 


207 


9,864| 


1854, 


March, 


3, 4891 


1,027 


4,190 


917 


828 


10,4511 


1854, 


April, 

Total, 


3,184i 


7401 


4,156 


1,051 


222 


9,354 




36,9221 


15,868| 


53,209 


9,184 


2,752 


117,936 



SUMMARY. 

Miles run by passenger trains, 

" " freight trains, - - 

" " coal trains, - - 

" " material, timber and wood trains, 

" " dirt trains, - - 



36,922| 

15,868| 

53,209 

9,184 

2,752 



Total miles run by all trains, 



117,936 



145 

STATEMENT L. 

Materials on hand, dpril oOth, 1854. For repairs of Loeomotites and 

Cars. 



Iron castings for cars and engines. 
Brass 


$ 777 69 
639 90 


Copper flues for engines, 
Iron 


846 90 
114 25 


Tyres for engines. 
Springs for engines, 
" cars. 


447 19 
398 38 
126 70 


Steel for springs. 
Iron bar. 


199 85 
613 24 


Wheels for cars. 


381 20 



Car boxes, couplings, pins, links, and other iron Work for cars, 416 30 

Duplicate parts of engines, viz. : crank, guide, pedestals, &c., 415 00 
Sheet iron, lead, sheet and bolt copper, solder, block tin, zinc, 

iron wire, cast steel, files, &c., 240 17 
Timber, lumber, nails, screws, leather, gum springs, &,c., for 

cars, 671 25 



Materials for repairs of road, none on hand. 



$6,324 02 



MATERIALS FOR REPAIRS OF BRIDGES. 

Timber for repairs, 1 1,000 00 



146 

STATEMENT M* 

JSvmber of Persons employed by the Richmond and Petersburg Railroad 
Company, for the year ending April 2Qth, 1854. 



Transportation Department. 



HOW EMPLOYED. 



Name. 



Pay 
Per Day 



Pay per 
Month. 



Freight clerk at Richmond, 
Assistant " " 

Ticket " " 

Supt's " » 

Agent at Petersburg, 
Assistant agent at do., 

Agent at Clover Hill, 
Assistant " 

Agent at Port Walthall, 

Conductor of passenger train, 

(( (t (( 

Yard manager at Richmond, 

Omnibus " 

Watchman at Richmond, 

*' James river bridge, 

" Petersburg, 

Port Walthall, 
Clover Hill, 

Baggage masters, 
(I '( 

Engine men, 

" and conductor 
Firemen, (White) 

Continued on next page. 



West Wyatt, 
E. Simpson, 
R. N. Gooch, 
G. E. Furt, 

Richard Furt, Jr., 
J.N. Parker, 

A. K. Smith, 
R. E. Morriss, 

Thos. Bass, 

H. P. Stratton, 
C. Rothwell, 

W. D. Jester, 

W. R. Gibson, 

each, 
each, 



each, 



material train, 
gravel train, 

each. 



33 



58 33i 
35 00 
41 661 

40 00 

58 33i 

41 661 

60 00 
30 00 

41 66f 

45 00 
40 00 

50 00 

50 00 



ftl 00 
1 00 


30 00 
25 00 

20 00 




35 00 
25 00 




60 00 
55 00 
50 00 
60 00 
55 00 



25 00 



147 

STATEMENT M.— Continued. 



Road Departmskt. 



HOW EMPLOYED. 






Name. 


Pat 


Pat per 




6 


o 




Per Dat 


Month. 




^ 


H 








Overseer of road, 


1 




A. Philips 




$75 00 


Section men, 


4 




Averaging 


$1 371 




Foreman of tracklayers, 


1 






2 00 




Track layer, 


1 






1 75 






3 

25 




Each 


1 50 
1 25 




Hands material train 


28 




And grav'l t'n ea'h 


1 00 






1 


63 


J. S. Duel 


2 50 




Machinert Department. 




Machinists, (Foreman) 




(( 


2 




Each 


1 75 




ti 


1 






1 91! 




cc 


1 






2 00 




(1 


1 






1 83i 




(1 


2 




« 


1 661 




<( 


1 






1 00 




Apprentices « 


3 


12 








Blacksmith, (Foreman) 


1 




W. W. Burgess 


2 75 




<i 


1 






2 00 




<• 


2 




Each 


1 83i 




(( 


2 


6 


C( 


1 00 




Carpenters, (Foreman) 


1 




J. R. Chiles 


2 75 




'»! 


5 




Each 


1 75 




<( 


3 




(' 


1 661 




(( 


1 




tc 


1 62| 




<C 


3 


13 


ti 


1 50 




Car Inspector, (Foreman) 


1 






1 50 




ii 


1 






1 25 




i< 


1 






1 33i 




<i 


1 


4 
33 




1 00 




Total, 




131 









148 
STATEMENT M— Continued. 

NEGROES. 

At Richmond depot, loading and unloading cars, &c., - - - 13 

Office at Richmond, .------1 

In shops as helpers, """'"""c 
Omnibus and wagon drivers, '''"'' r 

At depot in Petersburg, --"'""'„ 
•' " at Port Walthall, ..-..- 9 

At water stations on the line, - - - - - - 7 

As firemen and train hands, - - - - - - 12 

Free blacks as firemen, and train hands, - - - - 5 

Yearly hands on the road, - - - - - - 40 

Total, l07 



PROCEEDINGS 



THE STOCKHOLDERS 

IN THE 

RICHMOND AND PETERSBURG 

RAILKOAD COMPANY, 

AT 

THEIR GENERAL MEETINGS, 

AND 

REPORTS 

MADE BY THE PRESIDENT AND DIRECTORS 

TO THE 

STOCKHOLDERS, 

TWENTIETH MEETING, MAY 29, 1855. 



RICHMOND: 

ELLYSON'S STEAM POWER PRESSES, 147 MAIN STREET. 
1856. 



TWENTIETH 
ANNUAL MRETING OF THE STOCKHOLDERS, 

Held on Tuesday, May 29, 1855. 



At a meeting of Stockholders of the Richmond and Petersburg Eail- 
road Company, at the office of the Company in Eichmond, on Tuesday 
2'9th May, 1855, 

Mr. Gustavus A. Myers was appointed Chairman of the meeting, and 
John Williams, Secretary. 

The Chairman appointed Mr. E. B. Haxall, Mr. Holden Ehodes and 
Mr. William F. Watson a committee to examine proxies. 

The committee reported that they had examined the proxies, and 
found them to correspond with the list thereof, which report was ap- 
proved. 

There being present, in jicrson and by proxy, private stockholders 
entitled to 1076 votes, and the proxy of the Board of Public Works, Mr. 
Wilham F. Watson, entitled to 717, being two-thirds of the votes of 
private stockholders, in all 1793 (the whole number that could be given 
being 2519) the meeting proceeded to business. 

The following report was presented by the President and Directors 
and read : 



ANNUAL REPORT. 



The Board of Directors of the Eichmond and Petersburg Railroad 
Company respectfully submit to the Stockholders this their annual re- 
port, together with the accompanying statements, exhibiting the condi- 
tion of the affairs of the companj^ on the 30th of April 1855, and its 
business during the year preceding that date. 

From these statements it will be seen, that the total income of the 
Company from its ordinary business during the past fiscal year was 
$ 145,701 89, or $ 6,264 19 more than was received from the same 
source last year. 

The total amount of the ordinary expenses during the same period is 
$ 84,702 54 or $ 4,072 98 less than their amount last year. 

The amount of extraordinary exj^enses, consisting chiefly of additions 
to the property of the Company, such as cars, a new stationary engine in 
its workshops, and payments on account of a Locomotive received last 
year, &c,, is $ 5,873 87 or $ 29,690 84, less than was expended last 
year on the same accoimt. 

The increase in the income of the Company, it is believed would have 
been, under ordinary circumstances, much greater. The pecuniary diffi- 
culties and embarrassments experienced more or less by all classes, but 
especially the commercial class in this country during the past year, and 
its consequent diminution of both freights and the number of travelers, 
the absence of any session of the Legislature, with the concourse of vis- 
itors to Richmond usually attendant on it, the diminution by 241,440 
bushels of coal transported from the Clover Hill Mines, caused mainly 
by temporary decline in the northern demand for the coal, the condition of 
their mines and of the Clover Hill Railroad, now shortly to be improved, 
by the opening new shafts and the reconstruction of that road with 
heavy rails, and so enabling this Company to transport more coal at less 
expense. All these causes, with others, some of them equally transient 
with these, have concurred during the past year to considerably dimin- 
ish what would otherwise have been the increase in the Company's 
income. 

On the other hand, although one of the above named causes, viz : the 
continued dilapidated condition of the Clover Hill Railroad, and a con- 
siderable advance in the prices of wood, provisions and materials, liave 
augmented several of the various items of transportation expenses ; and 
especially those of " Repairs of Engines and Cars," " Train Expenses," 
and " Clover Hill Transportation Expenses," beyond their amounts of 
last year, and considerably beyond what they would otherwise have 
amounted to ; it is nevertheless gratifying to find tlio aggregate amount 
of those expenses diminished more than $ 4,000 by the diminution of 



154 

the cost of "Repairs of Track " $ 8,503 47 below what it was last year, 
and $ 15,950 16 below what it was two years since, when the recon- 
struction of tliis Company's road had not commenced. 

The still greater diminution in the item of extraordinary expenses, re- 
sults from the fact mentioned in the last annual report, that the Compa- 
ny was during the past year provided with a stock of locomotives and 
cars more nearly adequate to its business wants, than it had possessed 
for many years. 

The balance of income amounting to $ 55,065 48 remaining, after 
deducting these expenses, orchnary and extraordinary, has mth the ex- 
ception of the sum of $ 7,068 07 — the excess of cash on hand on the 
30th of April last over the 'amount on hand on the 30th of April, 1854 — 
been appropriated to the payment of the interest falUng due on the 
Company's bonds, &c., amounting to $ 14,886 66, to the purchase of 
the Depot lots in Kichmond, and the residue, amounting to $ 30,843 84, 
towards the expense of the reconstruction of the road. For this last 
named expense it was intended by the Legislature and by the stockhol- 
ders of this Company to provide the means from the sales of the coupon 
bonds, authorized by the act of Assembly passed 18th February, 1854, 
and by the resolutions adopted at the last annual meeting. In carrying 
those resolutions into effect, the President of this Company had those 
bonds promptly prepared, and duly aad extensively advertised in the 
public journals for sealed proposals for the purchase of them on liberal 
and accomodating terms of cash and credit payments. But unfortu- 
nately, before the day fixed for opening those proposals, there occurred 
almost simultaneously the perpetration of the extensive frauds in issues 
of spurious stock and otherwise by the officers of Railroad Companies 
in the northern states, utterly destroying or greatly weakening pubhc 
confidence in the Railroad stocks, of this cormtry both in England and 
America, and the commencement of th?t stringency, depression and 
embarrassment in the monetary affairs of the country, from the disas- 
trous effects of which, neither inchviduals, corporations, nor the State 
Grovernment have been exempt during the past year. 

In consequence of this change in the condition of the country, al- 
though at the commencement of the period of advertising for proi")osals 
the President had received from persons most experienced in such affiiirs 
the most flattering encouragement^ to expect numerous bids for these 
bonds at good prices ; yet when that ^^eriod had expired, no bids had 
been made, or ever were made for them at any price. 

That this was caused by no particular want of confidence in the con- 
dition and prospects of this Company, more than was felt towards those 
of others, is evidenced by the fact, that all or nearly all others as well as 
the State Government, suffered an equal or greater depreciation of their 
stock and securities. 

Indeed when, to avoid arresting the work of reconstructing this Com- 
pany's roadway (the importance of which is best proved by the great 
reduction in the cost of repairs of road) and to comply with previous 
contracts for rails and materials, it became necessary to commence the 
sale of these bonds at 98 jjcr ct. and interest, and to continue their 
limited sale at prices ranging between that and 90 per ot. and interest. 



155 

it is gratifying to know, that they were never sold at prices less tlian 
from 2 to 5 per ct. greater than the then current price of the 6 per ct. 
bonds of the State of Virginia, and 10 to 12 per ct. above the current 
prices of the 6 per ct. bonds of other corporations for internal improve- 
ment, in which the State was largely interested. But even to this dis- 
count it was deemed proj)er to subject the Company no further than 
was absolutely necessary for the purpose above mentioned, and when by 
the completion of the reconstruction of the main line of the road, except 
the track on the James River Bridge, and by the payment of those ex- 
isting engagements for rails, &c., for which the current earnings of the 
road were insufficient, these purposes were s;itisfied ; the further sale of 
these bonds was discontinued, until a more prosperous condition of the 
Company should render it unnecessary to dispose of them at siich, if 
any, rates of discount. The hope then entertained has already been 
realized ; and sales of these have recently been made at their par value, 
or from 2 to 8 per ct. more than the price of State G per ct. bonds. 

The whole net amount received from the sales of these bonds to 
April 30th, 1855, was $ 83,310. The cost of reconstruction to the same 
date was (deducting the discount on the bonds charged to that account) 
$ 185,874 43, which has been defrayed partly out of the above men- 
tioned sales of those bonds, and partly out of the balance of $58,331 44 
left of the sales ot the convertible bonds issued in 1853 ; leaving a bal- 
ance of $44,232 99, wliicli has been defrayed out of the net earnings 
of the Eoad, 1 leyond its expenses, ordinary and extraordinary, dxiring the 
last two years, and after paying all interest due on its debts, and which 
would have remained as a proper and legitimate means for paying dividends 
on its stock ; if the design of the Legislature and stockholders to defray 
the expense of reconstruction from the sales of the coupon bonds had 
been heretofore practicable, and which may be still used for that pur- 
pose, by defraying that expense out of the $61,000 of the bonds issued 
last year still unsold, and which can now in all probabiUty be readily 
sold at par. 

The net jirofits of the business of the Comi^any after paying all ex- 
penses and interest, it will be seen from the Treasurer's statements, were 
$40,178 82, a sum which if relieved from contributing to the cost of 
reconstruction, by defraying that cost by the funded debt of the coupon 
bonds, would enable the Company to create a sinking fund of 2 j^er ct. 
per annum on what would be then the amount of its debt, and j)ay a 
dividend of 5 per ct. on its stock. 

And in view of the fact that the income of this Company has not for 
years failed to exceed each year that of the preceding year, often by 
much more than the excess of this years income over that of the last, 
whilst the present renewed condition of the main line of its roadway, 
(completed only since Cliristmas,) and the good condition of its property 
generally, gives assurance of its expenses being not greatly increased, 
if not greatly diminished for some years, it is not being too sanguine 
to expect that the profits of the Company, during future fiscal years, 
cannot fail to afford equally favorable, if not more fiivorable results. 

In conclusion, it only remains to report that the roadway, depots, 
stations, machinery, and other property of the Company, are in good 



156 

condition ; and that the ofiEcers and agents in its employment, who are 
under tlie supervision of the President and Directors, have been diligent, 
faithful and efficient, in discharging their respective duties. 
Signed on behalf of the Board. 

P. V. DANIEL, President. 

The said report and the accompanying docmnents were received and 
approved. 

The report of the examining committee was read, received and 
aj)proved : 

The undersigned, two of the committee appointed at the last annual 
meeting of the Company, report that on Thursday, the 24th inst., 
accompanied by the President of the road, and the Superintendent, 
Mr. Tliomas Dodamead, and Dr. J. Grattan Cabell, (Mr. Henry C. 
CabeU, a member of the committee, being absent,) they examined the 
entire road. The road from Richmond to Petersburg is entirely relaid 
with the heavy edge rail, and is in most perfect order. The road from 
Junction to Port Walthall is in good order. Your committee did not 
inspect the branch road leading to the Clover HiU Pits, as that subject 
has been referred to a special committee, and this committee learns that 
steps have been taken by the Clover Hill Railroad Company, which it 
is hoped will render any action by this Company unnecessary. 

The workshoiis and machinery, the cars and locomotives, and the 
depots, appear to be in good order, and reflect credit on the Superin- 
tendent of that dej^artment. 

The committee have examined the books of the Company, in a 
general way, and find them accurate and neatly kept. 

The system of checks and balances, adopted by the Board of 
Directors, in October, 1854, is highly to be approved, and xmder its 
administration it would be difficult for errors to occur. 
Eespectfully submitted. 

G. A. MYERS, ■) ^ .,, 
W. F. WATSON, J ^^'>"''>^^tiee. 

Eichmond, May 24, 1855. 

Mr. Moncure Robinson offered the following preamble and resolution, 
which were adopted, Mr. Francis E. Rives dissenting : 

Whereas, It appears evident from the report of the President and 
Directors that tins Company is now in a situation to declare regular 
dividends of from two to two and a half per cent, semi-annually to its 
stockholders, and there is every reason to believe that its dividends may 
be gradually enlarged ; 

Be it therefore resolved, That the President and Directors be and they 
are hereby instructed to declare henceforth, semi-annually, as early as 
may be in the months of Jime and December of each year, dividends 
of not less than two per cent, on each share of the capital stock of the 
Company, such dividends to be payable on and after the 30th day of 
June, and 31st of December of each year to all persons who may be 
stockholders of the Company on those days. 



157 

Mr. Moncurc Eobinson offered the following preamble and resolution : 

Whereas, In the opinion of the President of this Company, the com- 
pensation at present paid it fur the transportation of the United States 
mail is not an adequate one, having in view the increased expense, and 
other disadvantages attendant on its transportation, and it would in the 
opinion of the stockholders, be a very inadequate one, if the Company 
was therebj^ subjected to the hours of a route by which it would not 
receive its passengers : 

Be it therefore resolved. That the President and Directors be and they 
are hereby instructed not to transport the United States mail after the 
first of July next, at less than the rate of compensation at present 
allowed the Company and not to transport it on any terms, unless it 
should ni'in< riim- to be conveyed between Eiclmiond and Washington on 
the present mail route via Fredericksburg; Frovided, Tlie companies 
on the said route are -wilhng to convey the same on the terms of their 
present contract with the Post Office Department. 

Mr. Francis E. Eives moved to strike out of the above resolution all 
after the words " allowed the Company." 

Pending the discussion on this motion, LIr. Eobinson, at the sxtgges- 
tion of Mr. Wm. F. Watson, State prosy, offered an amendment which 
was adopted. 

The preamble and resolution as amended were then unanimously 
adopted, Mr. Eives not being present. 

The said preamble and resolution are in the following words : 

Whereas, In the opinion of the President of this Company, the 
compensation at present paid it for the transjjortion of the United 
States mail is hot an adequate one, having in view the increased exjaense 
and other disadvantages attendant on its transportation, and it would, in 
the opinion of the stockholders, be a very inadequate one, if the 
Company was thereby subjected to the hours of a route by which it 
would not receive its passengers : 

Be it therefore resolved, That the President and Directors be and they 
are hereby instructed not to transport the United States mail after the 
first of July next at less than the rate of compensation at present 
allowed the Company, and not to transport it on any terms which the 
Post Master General is authorized to offer, unless tlie Post Master 
General will agree to stipulate that the mail shall, in all cases, be 
received by this Company at hours not later than the hours at which 
the travel will be received by it from the companies on the present 
mail route north of Eichmond and south of Petersburg. 

On motion of Mr. Wm. H. Macfarland, 

Besolved, unanimously, That the resolution of the Board of Directors, 
of the 15th December, 1849, in relation to John WiUiams, be referred 
back to the Board, with authority to them to take such action as they 
may deem to be reasonable and just. 



158 

Mr. Holden Rhodes offered the following resolution, which was laid 
on the table : 

Resolved, That two engineers be appointed, one by this Company, 
and one by the Clover Hill Railroad Company, if the latter shall agree, 
with leave to call in a third if they shall difler, to examine the road of 
the latter company, the expenses of transportation of coal thereon and 
therefrom ; that they report the proper rates of freight on coal thereon 
and therefrom, and such other matters as they may deem pertinent in 
order that such rates may be equitably settled, and that their report be 
made to the Boards of the two companies. 

The meeting then proceeded to the election of officers : Whereuijon, 
Mr. Peter V. Daniel, Jr., was unanimously elected President of the 
Company, and Messrs. Richard Barton Haxall and Holden Rhodes 
were elected Directors on behalf of the stockholders. <^ 

Mr. Frederick Anderson, Dr. J. Grattan Cabell, Mr. Henry C. Cabell, 
Mr. Wilham F. Watson and Mr. Gustavus A. Myers, were appointed 
the committee of examination. 

Mr. Henry C, Cabell was appointed in the place of Mr. James 
Bosher, deceased, a member of the committee appointed at the meeting 
of stockholders on the 30th May, 1854, to examine into the subject of 
coal transportation from the Clover Hill Mines. 

On motion. 

Resolved, That the President take such measures in regard to pub- 
lishing the report of the President and Directors, and the proceedings 
of this meeting, as he may deem expedient. 

The meeting then adjourned. 

GUSTAVUS A. MYERS, Chairman. 
John Williams, Secretary. 






159 

A. 

Statement of the affairs of the Riclimond and Petersburg Railroad 

COST OF ROAD AND PROPERTY. 

From Richmond to Petersburg, including inter- 
est per statement A 1, . . . 909,237 02 

Of branch road to Port Walthall, including pur- 
chase of land, wharves, coal tracks and cars, 45,539 09 



954,776 11 

Reconstruction of road, • . . 191,564 43 

Land purchase, .... 18,835 98 

DEBTS DUE TO THE COMPANY. 



This Company's stock taken for debt, . . 5,376 06 

Open accounts, .... 11,370 29 

Cash on hand, ... 10,592 79 



16,746 35 



1,192,515 66 



160 



Company , from the commencement of the icorJc to the first of May, 1855. 



CAPITAL STOCK. 



Subscribed by individuals 3,000 sliares, . . 300,000 00 

Do. by the State, old slock, 2,000 shares, 200,000 00 
New stock, 185,600 

shares, . . 185,600 00 



685,600 00 



DEBTS DUE BT THE COMPANY. 

Dividend bonds to the State, . . . 33,408 00 

Coupon bonds due 1st July, 1875, . . 175,000 00 

Do. do. due 1st June, 1775, . . 89,000 00 
Certificates of debt for dividends, 23,657 27 
Amount to credit of individual stock- 
holders, . . . . 508 86 

24,166 13 

Unclaimed interest on certificates of debt, 250 96 

Bills payable, ..... 22,954 24 

Open accounts, .... 952 62 

345 731 (J5 

Profit and loss, . . . . : 16l',183 71 

1,192,515 66 



JNO. WILLIAMS, Treasurer. 
Richmond, 1st May, 1855. 



IGl 



A 1. 



Heads of expendihire for consirudion of Road and purchase of Property 
to 1st 3Iaij, 1855. 



Preliminary surveys, ..... 

Contingent expenses, ..... 

Purchase of Manchester and Petersburg Turnpike stock, 

Engineering expenses, . 

Real property in Richmond, 

Land damages, 

Graduation, 

Superstructure, . 

Masonry, 

James river bridge, 



Masonry, 49,783 03 
Superstructure, 86,050 15 



Falling creek bridge, 
Swift creek bridge, 
Kingsland creek bridge, 
Depots and workshops, 
Richmond depot, 
Manchester depot. 
Water station, 
Pocahontas depot, 
Lecomotive engines and cars, 
Omnibus, 
OflBcers' salaries, 
Repairs of turnpike, 

Interest on loans, ... - 

Premium on sterling bills, and commission on payini 
loan due in England, .... 



113,099 57 
6,859 72 



2,896 87 

2,352 74 

23,841 35 

32,403 99 

19,617 24 

19,213 91 

167,027 60 

111,510 09 

72,223 29 



135,833 18 

10,889 30 

10,027 79 

5,496 42 

13,106 72 

44,029 05 

3,359 04 

1,181 54 

8,011 79 

97,508 69 

1,639 83 

5,717 33 

1,389 97 



119,959 29 
909,237 02 



Richmond, 1st May, 1855. 



JNO. WILLIAMS, Treasurer. 



162 



B. 



Statement of Financial Affairs within the year ending 30th April, 1855. 



Cash on hand 30th April, 1854, 
Debts due by the Company, 

increased this sum, 
Transportation, received this sum 
Cost of road and property, in- 
creased this sum, 
Reconstruction of road, increased 

tiiis sum. 
Less sales of old railroad iron, 

Land purchase in Richmond, in 

creased this sum,. 
Debts due to the Company, in 

creased this sum, 
Transportation — Expenses of trans 

portation — Ordinary, 

Extraordinary, 

Interest paid this sum. 

Cash on hand 30th April, 1855, 



Richmond, 1st May, 1855. 



105,52R 86 
3,116 37 



84,762 54 
5,873 87 



3 96 

102,410 49 
2,266 81 
2,074 17 



90,636 41 
14,886 fi6 
10,592 79 



3,524 12 

73,645 28 
145,701 89 



222,871 29 222,871 29 



JNO. WILLIAMS, Treasurer. 



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164 

D. 

Statement of Transportation Expenses from May 1, '54, to May 1, 'oC. 

Repairs of railroad, ------ 6,671 15 

Repairs of engines and cars, ... - 21,216 15 

Train expenses, ...... 16,402 19 

Clover Hill transportation expenses, ... 12,549 72 

Depot expenses, including watching of James River Bridge, 11,363 52 

Repairs of bridges, --.--- 552 37 

Transportation of passengers, mail and baggage, - - 1,424 83 

Through travel expenses, ----- 2,780 83 

Officers' salaries, 4,500 00 

Postages, newspapers, advertising and printing, - 1,168 65 

Train losses and damages, ----- 545 39 

Contingent expenses, and insurance against fire, - - 1,531 28 

Branch road expenses, - ... - 2.021 81 

Repairs of depots, --...- 2,012 44 

Office expenses, ------ 22 31 



Interest, ..... 14,886 66 

Extraordinary expenses, - . _ 5,873 87 



84,762 54 

20,760 53 
$105,523 07 



JOHN WILLIAMS, 

Richmond, May 1, 1855. Treasurer. 



G. 

Statement showing Net Income in the Year ending SOth April, 1855. 



Amount of income, ...... 145,701 89 

Expenses of transportation, ordinary, - 84,762 54 

Expenses of transportation, extraordinary, - 5,873 87 



90,636 41 
Interest, - . . - . 14,886 66 



105,523 07 



Net income, - - - ~ - - $ 40,178 82 



JNO. WILLIAMS, 
Richmond, May 1, 1855, Treasurtr. 



165 
H. 



Coupon bonds of 1853, 175,000 00 

Deduct paid English debt, - - - 61,526 39 

Certificates of debt, - - 43,142 17 

Coupon bonds in Richmond, 12,000 00 

*^ 116,668 56 



58,331 44 
Coupon bonds of 1854, gross amount sold, - - - 89,000 00 

147,331 44 
Amount of expenditure for re-construction to 1st May, 1855, 
including discount on coupon bonds, 5,690, - - 191,564 43 

Amount expended for re-construction out of the yearly income, 44,232 99 



166 

F. 

Comparative Statement of the Business of the Richmond and Petersburg 
Bailroad Company, for the year ending 50th April, 1854, with the 
year ending ZOth April, 1855. 









IN 1855. 




1854, 


1855. 










Decr'se of Dr. 


Incre'se of Dr. 








and increase 


and decreass 








of Cr. 


of Cr. 


Cash, - 


3,524 12 


10,592 79 




7,068 67 


Debts due to the Com- 










pany on stock and 










open account, - 


14,672 18 


16,746 35 




2,074 17 


Cost of road and pro- 










perty. 


909,233 06 


909,237 02 




3 96 


Cost of branch road 










and property, - 


45,639 09 


45,539 09 


— 


— 


Reconstruction of r'd. 


89,153 94 


191,564 43 




102,410 49 


Land purchase, 


16,569 17 


18,835 98 




2,266 81 




$1,«78,691 56 


$1,192,515 66 




Capital stock. 


685,600 00 


685,600 00 





Dividends due to the 










State, 


33,408 00 


33,408 00 





— 


Certificates of debt 










for dividends and 


■ 








dividends credited, 


24,166 13 


24,166 13 





_ 


Open accounts due by 










the Company, - 


291 40 


1,203 58 


912 18 


Coupon bonds due 1st 










July, 1875, 


175,000 00 


175,000 00 


— 


— 


Coupon bonds due 1st 










June, 1875, 


- 


89,000 00 


89,000 00 




Bills payable, 


39,221 14 


22,954 24 




16,266 90 


Profit and loss, 


121,004 89 


161,183 71 


40,178 82 






$1,078,691 56 


$1,192,515 66 


$130,091 00l$ 130,091 00 



Richmond, May 1, 1855. 



JNO. WILLIAMS, 

Treasurer. 



167 

E. 

Staiement of Payments made to the Norfolk and Port Walthall Steamboat 
Association, for Extra Through Travel, in Pursuance of Agreement, 
dated 2d October, 1846. 

In May, 1854, 

In June, _.-._. 

In July, ----_. 

In August, ._-_.- 

In September, - - . . . 

In October. - - - _ . 

In November, - - . . . 

In December, _ _ . _ . 

In January, 1855, - - . _ - 

In February, _ - . . _ 

In March, -.--'._ 

In April, ...... 



JNO. WILLIAMS, 

Richmond, May 1, 1855. Treasurer. 



110 28 


105 34 


98 44 


146 12 


241 77 


175 44 


141 32 


104 45 


111 91 


149 59 


205 41 


103 15 


$1,693 20 


- ^ 



SUPERINTENDENT'S REPORT. 



Office Kichmond and Peteesburg Railroad Co, 
Riclunond, Ap'il SOth, 1855. 

To Peter V. Daniel, Jr., President: 



•} 



Sir, — 111 making my annual report of the operations of the road for 
the tiscal year just ended, it gives me jsleasure to be able to congratulate 
the Comjjany on the favorable prospects of their road, and to exjDress 
my belief that the stockholders may confidently look forward to 
receiving regular dividends on their stock at an early period. 

The Roadway, Machinery, Cars, &c., are in excellent condition and 
will compare favorably with the very best Eoads in this country. 

The Trains have run with great regularity and punctuality during the 
year and without accident, which speaks well for the vigilance and atten- 
tion of the various Agents and Employees. 

Statements A to M inclusive contain the business and working of the 
Road in detail. 

The gross revenue for the year is $ 145,701 89, being an increase cf 
$ 6,264 19, which is made up from the sources as given below. When 
the commercial pressure and distress, and the great retrenchment in all 
kinds of business during the past year, (a fact which the returns from all 
the finished Railroads in the country show,) arc taken into consideration, 
we think the result of the year's business very encouraging. 

RECEIPTS. 

From through passengers, - - - - $ 22,555 64 

" Local, ------ 44,155 00 

" Transportation U. S. Mail between Richmond and 

Petersburg,. - •— - - - 7,350 00 

" Extra Baggage and Express Freight, " " " 1,854 68 

" Freight, " " " 21,625 37 

" Branch road freight, - - . - 2,078 81 

" Passengers by Norfolk and Walthall Steamer, - 3,156 86 

" Freight " " " " - 664 21 

" Mail " " " " - 320 95 

" Freight on coal, - . - - 39,336 40 

" Miscellaneous Freight and travel by coal trains, - 2,349 43 

■" Tolls on James river bridge, - - - 8 50 

" " Petersburg and Manchester turnpike, - 245 84 

Total, $145,701 89 



169 

"^ Tlie ordinary working expenses of the road for the year amount to 
84,702 54, or about 68 per cent, of the gross revenue being $7,672 98 
less tlian the previous fiscal year, leaving a balance over the ordinary 
working expenses of $60,939 35, of this amount there has been 
expended for additions to the property of the Company as follows : 
Balance on one Locomotive, - - - _ 1,673 87 

Cost of one new Post Office Mail and Baggage car, - 1,800 00 

New stationary Engine and fixtures for shop, - 2,000 00 

Balance on accoimt of new house for agent at the Clover 

Hill Junction, - - - - - 400 00 



$5,873 87 

Making a total of |90,G3G 41 for ordinary and extraordinary expenses, 
leaving a balance of $55,065 48, or rather more than 8 per cent on the 
amount of the capital stock. The disposition of which the Treasurer's 
statements will show. 

The usual and proper order of Koad, Machinery, and transportation, 
Avill be observed as I proceed. 

I. EOAD DEPARTItlENT. 

Embracing Road bed, Railway Tracks, Bridges, Water Stations, 
Depot Buildings and shops. 

KECONSTEUCTION OF TRACK. 

Since the last report this has been completed on the main stem 
with the exception of the James River Bridge which being previously 
laid with a light T rail was not so important to be done during the bad 
weather of the winter, but is now being relaid. The amount expended 
for this purpose is shown by the Treasurer's statements. 

BEPAIBS OP ROAD. 

Itlding Timber. Sills, Keys, SpiliOS, Wages of Overseers and 

lanics, Hire, Subsistence, Taxes and Clothing for Negroes, Tools, 

&c., amount to, _ . _ _ . $6,671 15 

Repairs of Bridges including all materials and labor, 652 37 

EEPAIRS OF DEPOT. 

To this account is charged all repairs to Depot Buildings, Water 
Stations, Punvjjs and Fixtures for the same, Repairs to Shops, &c., 
amounts for the year to _ _ . _ $2,012 44 



iro 

II. MACHINERY. 

REPAIRS OF LOCOMOTIVES AND CARS. 

The expenses under this head have been as follows : 
For Repairs of Engines and Tenders running on Passenger, Freight, 
Material, Wood and Gravel 
Trains, ... - 4,203 26 

" " Passenger cars, _ - . 4,029 30 

" " Freight cars, - . - . 2,392 25 
" ■" and new tools, ... 617 05 11,241 86 

" " Engines employed on Coal Trains, 4,985 09 

" ■ " Coal cars, . _ - - 4,939 20 9,974 29 

Total, $21,216 15 

ITEMS. 

Wages to Machinists, Blacksmiths, Carpenters and all Mechanics. 
Bar, Iron, Steel, Tyres, Axles and Springs purchased. 
Copper, Lead, Tin, Bituminous Coal. 
Work done elsewhere, charcoal, leather, «fec. 
Upholstery, trimmings and sundries. 

This includes also amount paid Davenport & Bridges for patent right 
for an improvement on Passenger Cars. 

III. TRANSPORTATION DEPARTMENT. 

Full details of tonnage and passengers transported will be found in 
the statements appended. 

TRAIN expenses:. 

Under this head is included wages paid to Engine men. Conduct- 
ors, Firemen, &c., on passenger and freight trains ; oil, cotton waste and 
tallow for trains ; wood used by trains on the main line ; lamps, bell 
cord, &c., and amounts, for the past year, to - $ 16,402 19 

CLOVER HILL TRANSPORTATION. 

To this account as it stands on the Treasurer's Books is charged 
wages of Agent at Clover Hill, wages of Engine men. Firemen, Train 
Hands, &c., engaged exclusively on coal trains, hire, subsistence and 
clothing of hands at stations on Clover Hill Road ; wood used on Clover 
Hill Road by coal trains, &c., amounting to - - $ 12,549 72 

To which should be added to .show the cost of the coal transportation 
charged under the heads as stated below in the Treasurer's Books. 



171 

Eepairs of Engines and Tenders employed exclusively in the transpor- 
tation of coal, ' - $4,685 09 
" " Coal cars, - - - 4,989 20 
" " Freight cars, - - - 262 17 



Charged on Treasurer's books, to repairs of Locomotives 

and Cars, - - - - - - $ 10,236 46 

"Wood used by coal trains on main line charged in Treasurer's 

books, to Train Expenses 700 cords at $1,50, - 1,050 00 

For its share of Depot expenses (as charged in Treasurer's 

Books,) 2^725 82 

To which add as above stated amount charged on Treasurer's 

Books directly to this accoimt, _ _ _ 12,549 72 

Making the actual cost of Clover Hill Transportation, $ 26,562 00 

Exclusive of its proper proportion for repairs of road, bridges, &c., in- 
terest ou cost of machinery, cars, &c., employed in the same. 

TRAIN LOSSES AND DAMAGES. 

Under this head are payments for goods damaged or stolen on the 
road, damage to persons and stock killed, &c., amounting to $ 545 39 

DEPOT EXPENSES. 

Salary of Freight and Ticket Agents ; wages of Yard Master and 
Hands ; hire, subsistence and clothing of hands employed at Richmond 
and Petersburg Depots ; wages to Watchmen at Richmond and Peters- 
burg Depots, including the Watchmen on James River Bridge ; coal for 
Oflices ; gas and other lights ; ice, brooms and sundries ; rent of lot at 
Richmond, &c., $11,653 72 

Postages, Newspapers, Advertising and Printing, - $1,168 55 

OFFICE EXPENSES. 

Sundry small items, Stationery, &c., - - $22,81 

CONTINGENT EXPENSES. 

Insurances against fire and items not properly chargeable imder other 
heads, $1,531 28 

THROUGH TRAVEL EXPENSES. 

To this account is charged transportation of Passengers, Mail and 
Baggage through Petersburg, and this Company's share of Throxigh 
Travel Expenses north of Richmond, amounting to - $2,780 83 

Transportation of Passengers, Mail and Baggage in Richmond, $1,424 83 



172 

BRANCH ROAD EXPENSES. 

To this account is charged salary of Agent at Port Walthall, hire, 
subsistence and clothing of the hands kept on the Branch Road, these 
hands when not emplo5^ed at Port Walthall accompany the wood and 
material train; and perform all the labor on that train of loading wood 
for the different Stations, materials for the Eoad, &c., the amount for the 
year is ---__. $2,021 81 

PETERSBUEG AND MANCHESTER TURNPIKE. 

The receipts from Tolls on the Turnpike during the past year 
amounted to $954 79, the expenses to $612 29, leaving a balance to 
the credit of the Turnpike of $245 84. 

All of wlr'ch is respectfully submitted. 

THOS. DODAMEAD, Supmnimdeni. 



173 
STATEMENT A. 

Business of the Richmond and Petersburg BaUroad for the year ending 
April 30, 1855. 



Coal transported in tons, ----- 45,430 

Tobacco transported in hogsheads, - - _ - 8,535 

Flour transported in barrels, - _ . - 2,304 

Cotton transported in bales. . _ - . 2,782 

Total amount of freights of all kinds in tons, - - 59,760 

Number of tons hauled one mile, - - - - 1,544,885 

Mdes run by freight engines, - - . _ 15,041 

Miles run by coal engines, ----- 40,116 

Receipts per mile run by freight trains in cents, - - 159 4-10 

Receipts per mile run by Coal trains in cents, - - J 17 

PASSENGER TRATSI,. 

Number of through passengers during the year, - - 28,931 

Number of local and steamboat passengers, &c., - - 49,106 

Total number of passengers, . . . . 78,037 

Miles run by passenger engines, - . - _ 38,560 

Receipts per mile run by passenger trains in cents, - - 212 

RECEIPTS OF ROAD. 

From freight on coal, - - - . $ 39,336 60 

From miscellaneous freight and travel by coal trains, - 2,349 43 

Freight carried by freight trains, - - . - 23,704 18 
Freight, extra baggage and express freight carried on passen- 
ger trains, . . _ _ . 
Transportation United States mail, - - - 
Passenger travel, - - . - . 
Tolls on James river bridge, _ - . 
Tolls on Petersburg and Manchester turnpike, less expenses. 



- 2,518 89 


- 7,670 95 


- 69,867 50 


8 50 


245 84 


$145,701 89 



174 
STATEMENT B. 

RoUing Stock on the Road, April 30, 1855. 



LOCOMOTIVE ENGINES. 

7 Eeight-wheel engines with tenders. 
5 Six-wheel engines with tenders. 
I Four-wheel engine with tender. 



13 



COAL CARS. 

124 Four wheel. 

OAKS FOR FREIGHT AND GENERAL USE. 

12 Eight-wheel box cars. 

17 Eight-wheel platform cars. 

2 Eight-wheel wood cars. 

2 Eight wheel empty barrel cars. 

4 Four-wheel dumping cars. 

_37 

PASSENGER, MAIL AND BAGGAGE, 

4 Eight-wheel smokers and servants cars. 
G Eight-wheel first-class cars. 
2 Eight-wheel baggage and mail cars. 
1 Eight-wheel baggage car. 

In addition to which there are truck, hand, and crank cars, for track 
layers, section men, &c. 

The number of horses belonging to Company are 13; baggage and 
mail wagons, 4 ; other wagons, 5. They also own one-half of two 
omnibuses used for transporting passengers between depots in 
Richmond. 



175 



STATEMENT C. 



Statement of Coal transported from Clover Hill during the year ending 
April 30th, 1855. 



•< 


a 
eg 


bio 

^1 


Port 
altball. 


OTAL. 


a 
o 
Eh 

o 


a 


Q 


£ 




H^ 


6^ 


o 

is 


< 


1834. 1 


Kushels. 


Bushels. 


Bushels. 


Bushels. 


1 


May, 


10,850 


7,880 


146,8(50 


105,590 


6,519. 


$4,006 76 


June, 


3,205 


16,700 


107,685 


127,590 


4,2.53. 


3,077 66 


July, 


22,890 


4,1.50 


95,.505 


122.545 


4.0S5. 


3,092 66 


August, 


55,1.10 


10,440 


68,140 


133,730 


4,457. 


3,696 98 


September, - 


60,12,1 


11,795 


49,085 


121,005 


4,033. 


3,453 80 


October, 


4:i,145 


17,775 


73,555 


1.34,475 


4,4S2. 


3,628 87 


November, - 


53.-Jii5 


21,350 


35,075 


109,690 


3.657. 


3,163 28 


December, - 


4-2,110 


34,420 


15,170 


91,700 


3,057. 


2,690 15 


1855. 














January, - 


46.005 


26.950 


11,085 


84,050 


2,802. 


3.021 85 


February, - 


f>3,255 


19,020 


15,135 


87,410 


2,914. 


3.160 33 


March, 


71.595 


22,400 


10,155 


104,1.50 


3.472. 


3,858 69 


April, 


] 3,7.50 


ll,7.'i5 


55,470 
682,920 


80,975 
1,362.910 


2.699. 


2,485 57 


Total, 


476,345 


204,64.5 


45,4.30 


139,336 6ft 



To Richmond, 
To Petersburg, 
To Port Walttall, 



SUMMARY. 



475,345 bushels. 
204,645 " 
682,920 « 



15,845. tons. 

6.821. " 
22;7C4. « 



Total, 1,362,910 " 



Total, 45,4S0. 



Equal to (1.221,698) one million two hundred and twentyM)ne thousasd eix hundred 
and ninety -eight tons hauled one mile. 

Amount received for transportation on the same, per ton per mile, 3 21-100 — three centa 
and twensy-one hundreths. 

Average tons in each train 69, , 



176 



o 

E 


1854. 
May, 
Jui.e, 
July, 
August, 
September, 
October. - 
November, 
December, 

January, - 
February, - 
March, 
April, 


■ 






Tobacco. 

«,SHit5 coSSS^Sgg Hogsheads. 


n 


-Ji-J 00 CO >-'*- 


Flour. 
Barrels. 




MM MlCtOti l-tl-' 
-J CO OS ►— tf- 05 00 to C4( O ^ CO 


Whiskey. 
Barrels. 


O 


0;0>0>05 MCOMtolO 

o M oo cn c;ic*3tooooo 


Nails 

and 

Spikes 

in kegs. 


*- 


coMi-oos *-»botoc*..MC;ihU 
'--ic;i*toco -■I'bi''^ 00 03X **■ o> 
tsosnta -^ o> CO M 00 CO 00 M 


Iron. 
Lbs. 




M to »-* M to 

tsf-" ooi "bi'jk oo"o"co"ct>'ViV 
.^ooi;^ CO 00 CO c;» to cj» o o 

CO-^tSO COM-JOOOO COMO 


Lumber. 
Feet. 




Cnfc04^CO QD 00 O CD 1^ »fh. ^ 00 
MCn^tO {OCOO;.JCO_bSpoeO 

bo ji. cj Oi -^ H» bi bi bo o M o 
-^icoMta MOJO; ooooiooen 

OlP-OlK) -» CO to CO en *. 00 w 


Groceries, 

Dry Goods, 

and 

Miscellaneous 

Freight. 

Lbs. 


o 

to 

§ 


hJi-ii-iM M^o^OM^-■^5M 

en O O CO Ol WJO^^^nj^^ 

*m'oo'o"Vj 'o^'oi'o'w'co'm'co 

CO -4 M CO bD O^ CO CO ►*- CD en C5 

rf^^^coo o CO c;i ^- CO o '^ OS 


Way 

Freight. 

Lbs. 


JO 


MtSMM MtOCOCOtaMtStS 
O.I-.*.Oi lOOltO-IMCOCOCO 
-^fcOOlOl -^ Ci ** en CD 1*^ M 00 


Tons. 




>p.*.0)^ tS !»>■ 05 -J <>■ CO tn O 

oooJ-M cocoa-, co*.coto~i 
Mcoroo en h-(oo COM M to 

C3>0)000 O0-*-ieOM OIOM 

jOMOoco *»MiikMiacoaiM 


A 


MOUNT. 



fca 





;J 






S5j 






a 


















iA, 


H 




^1 


O 




a," 


!^ 




CS 


!2; 




Co 


;> 


O 
C5 


^' 




H 




1 




^ 


1 


■^ 


H 


a 




t> 




H 


»< 


^ 


g 




» 


w 




•^ 


fe) 




<^ 


H 
















Si 


w 




^ 






> 






^ 





177 






< 



f^ 



I 



•X.MnOKV 


$1,838 47 

2,881 31 

1,851 65 

2.301 80 

1,652 13 

609 07 

504 12 

419 43 

516 95 

53u 91 

1,187 .54 

1,175 63 


o 


•sxox 


1,804. 
1,746. 
1,041. 
1,082. 

851. 

272. 

252. 

177. 

230. 
258. 
581. 
.566. 


o 

X 

C 

?3 


•sqT 
•jqStaJj 


3,900 

2,250 

150 

67,450 

•2,070 

48,182 

200 

14.450 

61,439 
2,100 
4,900 
3,200 


•sqT 

•jqSpJJ 

snoauBHoOstiV 


51.940 
64.437 
34.195 
42.615 
77.275 
111.766 
105.342 
111.481 

55.366 
45 688 
82.678 
53 816 




•satsg 
•BOtjsauioQ 


C^ rH f-l C^ l-( r-i r-t T 


- 


•sqi 
•jaqjBdT 


2,250 
500 
615 

3,909 
450 

100 

2,235 
5,640 
1,574 


oi 

Si 


•sqi 

•uoai 


98,882 
7,740 
9,545 

12,.506 

5,605 

817 

50,160 

12.525 
20,129 

1,900 


•siaqsng 
•;BaqA^ 


4,197 

11,388 

54 

102 


T 


•saiBg 
•nonoo 


tOM0^05IMtO« Ot-OCO 

ricor^Oi-'Oi^o ooooo 


•siajwa 
jonbiT 
Xjduia: 


604 
356 
371 

141 

216 

2,145 

342 

382 
203 
212 
329 


§ 

X5 


•S(a«Bg 
juoijI 


585 
1,013 
1,708 

442 

1,822 

1,368 

340 

85 




•spEaqsSoH 
•ODOBqox 


1,262 

2,165 

1,264 

1,133 

529 

165 

106 

49 

75 
187 
601 
631 


5 

00 


W 
Q 

1 


1854. 
May, .... 
June, .... 
July, .... 

August, .... 
September, ... 
October, - - ' - 
November, ... 
December, ... 

1855. 
January, .... 
February, .... 
March, .... 
April, .... 





COO 

to a> 

uO CO 
" "^ 
(O^O 



^ H 



o o 

« 



-t o 
(rTotT 



~ H 



•S'S 
n a 



178 



STATEMENT F. 



Miscellaneous Tonnage Transported between Richnond and Clover Hill, 
between Clover Hill and Petersburg, and between Port Walthall and 
Clover Hill, during the year ending April 30, 1855. 



RICHMOND 10 CLOVEP. HILL. 

Miscellaneous freight, consisting of groceries, corn, 
iron, liquors, dry goods, castings, meal, furniture, 
guano, &c., ----- 570 tons. 

CLOVER HILL TO RICHMOND. 

Tobacco, 101 hogsheads, weight 62 tons. 
Wheat, 5,103 bushels, weight 153 tons, 
Miscelianeous freight, 90 tons, 305 tons. 



CLOVER HILL TO PETERSBITRG. 

Lumber, 25,432 feet, weight 46 tons, 
"Wheat, 5,566 bushels, " 77 tons. 
Corn, 320 bushels, " 9 tons, 

PETERSBURG TO CLOVER HILL. 

Miscellaneous freight, groceries, guano, &c., 

PORT WALTHALL TO CLOVER HILL 

Hay, rope, powder, oil, machinery, 8tc., 



875 



132 tons. 




90 tons. 


222 


" 


113 




1,210 



179 

STATEMENT G. 

Tonnage Transporied between Richmond and Port Walthall during the 
year ending April 30, 1855. 



DOWNWARDS. 

1,970 Barrels of flour, weight 213 tons. 
Miscellaneous freight, 21 tons. 

Freight to go by steamer, 328 tons. 



Total, 562 



UPWARDS. 

Iron rails, tons of 2,240 lbs., 1,500 tons. 
Flour, 40 barrels, 4 tons. 

Freight by steamer, 290 tons, 

Total, 1,794 

Total, both ways, 2,356 

RECAPITULATION OF TONNAGE. 

Total aggregate tons of freight other than coal, - - 14,350 

Total aggregate tons of coal, _ . _ _ 45,430 

Total aggregate of all freights, - - - - 59,780 



Being equal to (1,544,835) one million, five hundred and forty-four 
thousand, eight hundred and eighty-five tons hauled one mile. 



180 

STATEMENT H. 

Local Passengers iransporUd between Bichmond and Petersburg during 
the year ending April 30th, 1855. 



NORTHWARDLY.; 





Way 


Pas- 


Way 


Pas- 


Petersburg 




J 


^^i 


DATE. 


sengers 


sengers 


to 






2^ 


set aov, n. 


taken up. 


Richmond. 


i 




OH 




o 


M 


o 


M 


<t> 


M 


u 


.s 




1854. 


,£3 




M 




M 




M 


M 






^ 


pq 


fs 


n 


^ 


n 


'^ 


3 




May, 


108 


17 


61 


57 


1,336 


301 


1,505 


375 


1,880 


June, 


87 


23 


65 


100 


1,208 


518 


1,351 


641 


1,992 


July, 


87 


18 


68 


38 


1,176 


231 


1,331 


267 


1,618 


August, 


97 


26 


94 


31 


1,032 


159 


1,223 


216 


1,439 


September, 


47 


21 


79 


38 


1,159 


195 


1,285 


254 


1,539 


October, 


147 


8 


73 


12 


2,003 


304 


2,223 


324 


2,547 


Ni.yember, 


50 


11 


94 


18 


2,0d5 


262 


2,209 


291 


2,500 


December, 


35 


37 


56 


58 


1,141 


466 


1,232 


561 


1,793 


1655. 




















January, - 


40 


3 


75 


44 


1,202 


283 


1,317 


330 


1,647 


February, - 


46 


2 


42 


7 


1,109 


145 


1,197 


154 


1,351 


March, 


23 


13 


45 


10 


1,029 


164 


1.103 


187 


1,290 


April, 


26 


23 


80 


32 


1,090 


251 


1,196 


306 


1,502 


Total, 


799 


202 


823 


445 


15,550 3,279 


17,172 3,926 


21,098 



SOUTHWARDLY. 





Way 


Pas- 


W.iy 


Pas- 


Richmond 




A 


g^ 


DATE. 


sengers 


sengers 


to 






< H 


set d 


jwn. 


takei 


up. 


Petersburg. 


E 



H 


OH 




<u 


in 


£ 


^ 


o 


Si 


a 


rS 




1854. 


A 


o 


A 


tS 


2 


a 


3 


rt 






'^ 


n 


^ 


pq 


^ 


n 


!^ 


n 




May, 


121 


49 


53 


16 


1,317 


333 


1,491 


398 


1,889 


June, 


73 


108 


44 


33 


1,256 


437 


1,373 


578 


1,951 


July, 


52 


39 


54 


17 


1,04-1 


237 


1,150 


293 


1,443 


Auf^ust, 


70 


44 


73 


36 


1,081 


244 


1,224 


324 


1,548 


September, 


61 


29 


42 


11 


1,051 


239 


1,154 


279 


1,433 


October, 


151 


23 


39 


7 


1,602 


347 


1,792 


377 


2,169 


November, 


135 


37 


38 


6 


2,036 


280 


2,211 


323 


2,534 


December, - 


120 


98 


36 


23 


1,296 


500 


1,452 


621 


2,073 


1855. 




















January, - 


84 


46 


25 


19 


1,172 


315 


1,281 


380 


' 1,661 


February, - 


61 


12 


12 


2 


988 


168 


1,061 


182 


1,243 


March, 


57 


13 


22 


6 


900 


141 


9/9 


160 


1,139 


April, 


72 


33 


74 


8 


1,186 


264 


1,332 


305 


1,637 


Total, 


1,057 


531 


512 


184 


14,931 


3,505 


16,500 


4,020 


20,720 



STATEMENT I, 
Through Passengers for the year ending April ZOih, 1855. 



SOUTHWARDLY, 



DATE. 




C3 


c o 


IS 


From Richmond 
to Weldon and Gaston. 


■J 




Whites. 


Blacks. 


H 


1854. 
May, 
June, 
July, 

August, - 
September, 
October, - 
November, 
Derember, 

1655. 
January, - 
February, - 
March, 
April, 


190 
213 

186^ 
507 
1,402/, 
616' 
622i 
298i 

204 

17?! 

353i 
335 


125i 

12U 

119 

216i 

436 

242 

178 

1271 

103i 
166 
287i 
63 


136 X 
92>^ 
94 ;a 

118 

•237 

i:6K 

133 " 


186 

179 

239 

237 

4-23;^ 

230 

256 

239 

235 >^ 
186 >^ 
275 
170 


174 
140 
156 
155 
239 
318 
322 
259 

198 
275 
219 

184 


23 

65 
57 
130 
221 
164 
161 

204 
124 

77 
58 


812 

769 

860 

1,290 >i 

2,668 
1,863 >^ 
1,735 
1,204 

1,072)^ 

1,040 

1,388 >i 

943 


Total, 


5,106 


2,186 


1,T74M 


2,e56H 


2,639 


1,284 1 15,646 



NORTHWARDLY. 





J 




From Weld 


Dn and Gas* 


^ 






iS§ 


.. o 


ton to Richmond. 


i-^ 


< 


DATE. 




£•3 








H 




Whites. 


Blacks. 


H 


1654. 














May, 


519 


12H 


278 




162 


l,080i 


June, 


549 


119i 


251 A 




170 


1,090 


July, 


608 


61i 


259 


31 


186K 


1,144 


August, 


595 


74 


191 


30 


191>i 


l,081i 


September,- 


172 


157;< 


235i 


37 


304K 


906i- 


October, 


575 


71 


140 


20 


21612 
19831 


1,022J 


November, - 


395)^ 


551^ 


120 


16 


785i 


December, - 


551>i 


51 K 


154 


20 


149 


926 


1855. 














January, - 


658 


82 


158 


31 


170 


1,099 


February, - 


1,036 


119 


I39i 


28 


142 


l,464i 


March, [• 


l,0"}i 


199 


174 


28 


218^ 


1,697 


April, 


428 
7, 162X 


127 


204 


61 


167 


987 


Total, 


1,239 


2,304i 


30-2 


2,276 


13,284 



182 



STATEMENT J. 



Whole number of Passengers carried on Trains, during the year ending 
April 30, 1855. 



SOUTHWARDLY. 

Through passengers, . _ _ _ 15,646 

Local passengers, ----- 20,720 

36,366 

KORTHWARDLT. 

Through passengers, - - - - 13,284 

Local passengers, ----- 21,098 

34,372 

Steamboat passengers by way of Port Wahhall, 

downwards, ----- 3,324 

Steamboat passengers by way of Port Walthall, 
upwards, - . - . - 3,547 

6,871 

Way passengers between Richmond, Petersburg, 

and Clover Hill, Stc, downwards, - - 258 

Way passengers between Richmond, Petersburg 
and Clover Hill, &c., upwards, - - 160 

418 



Total number of passengers, - - - - 78,037 



183 



STATEMENT K. 
Of 3Iiles run by Engines dimng the year ending April iOih, 1855. 



DATE. 


60^ 


M 




3 -a ?2 


S"3 


3 




2 


£H 


"t: 


g -^H 




H 


1854. 














May, 


3,510 


1,263 


4,675 


962 


563 


10,973 


June, 


3,196 


1,672 


3,684 


1,039 


709 


10,300 


July, 


3,285 


1,822 


3,244 


1,075 


75 


9,501 


August, 


3,074 


1,433 


4,004 


715 


239 


9,465 


September, - 


2,746 


1,100 


3,551 


574 


56 


8,027 


October, 


3,263 


1,035 


3,806 


524 


616 


9,244 


November, - 


3,426 


1,376 


3,336 


505 


869 


9,512 


December, - 


3,295 


1,212 


2,684 


1,086 




8,277 


1855. 














January, 


3,331 


1,035 


2,976 


650 




7,992 


February, - 


2,920 


1,080 


2,958 


909 


117 


7,984 


March, 


3,337 


945 


3,003 


928 


288 


8,501 


April, 


3,177 


1,068 


2,195 


638 


170 


7,248 


Total, 


38,560 


15,041 


40,116 


9,605 


3,702 


107,0-14 



SUMMARY. 



M 



les with passenger trains, 
" freight trains, 
" coal trains, ... 
" material and wood trains, 
" gravel trains, - - - 

Total miles run by all engines. 



38,560 

15,041 

40,116 

9,605 

3,702 

107,034 



Average cost of repairs of engines during the year has been 8.58-100 cents per mile 
run. 

Repairs of passenger cars i^ of a cent per passenger per mile, or 10.44-100 cents per 
mile run by passenger trains. 

Repairs of freight cars }i of a cent per ton per mile. 

Repairs of coal cars 4-10 of a cent per ton per mile. 

Total working expenses, 80 cents per mile run. 



184 

STATEMENT L. 

Materials on hand, April SOth 1855, for repairs of Locomotives and 

Cars. 



Iron castings for cars and engines, - - - - 828 32 

Brass castings for cars and engines, - - - 910 00 

Copper flues for engines, ----- 772 40 

Iron flues for engines, - - - - - 11012 

Tyres for engines, ------ 338 00 

Springs for engines, _ . - - - 377 12 

Springs for cars, ------ 255 00 

Steel for springs, - - - - - - 254 93 

Iron, bar, - - 443 90 

Wheels for cars, ------ 312 CO 

Iron work for cars, coupling pins, links, &c., - - 67 00 

Duplicate parts of engines, viz : crank guides, pedestals, &c., 339 00 
Sheet iron, lead, sheet and bolt copper, solder, block tin, zinc, 

wire, cast steel, files, &c., - - - - 347 45 
Timber, lumber, nails screws, leather, gum springs, furniture, 

&c., for cars, - - - - - - 445 75 



$5,800 99 



185 

STATEMENT M. 

Number of Persons employed by the Richmond and Petersburg Railroad 
Company, April oOth, 1855. 



TRANSPORTATION DEPARTMENT. 



HOW EMPLOTED. 


d 
2 




< 


CO TS 

Oh 


(2s 


Freight clerk at Richmond, 
'I'icket agent and collector, 
Superintendent's clerk, 




West Wyatt, 
J. N. Parker, 
|i\I. W. Yarrington, 




1,58 33i 
58 33 i 
58 33 i 


Agent at Petersburg;, 
Assistant agent at Petersburg, 







Richard Furt, Jr., 
H. B. Gaines, 




58 33i 
41 661 


Agent at Clover Hill, 
Assistant agent at Clover Hill, 







A. R.Smith, 
R. E. Morriss, 




60 00 
35 GO 


Agent at Port Walthall, 




1 


Thos. Bass, 




41 661 


Yard manager at Richmond, 




I 


Hiram James, 




50 00 


Omnibus manager, 




1 


W. R. Gibson, 




50 00 


Conductor of passenger train, 

(( <( (( a 




o 


H. P. Stratton, 
Clement Rothwell, 




50 00 
50 00 


Baggagejmasters, 
Engine men, 
Watchmen at Richmond, 


2 
6 
2 


2 
6 


each, 
each. 




45 00 
60 00 


" " James ri'r bridge. 


1 
3 


6 


each, 

(per night) 
each, 


$125 


30 00 
25 00 


Carried forward, 




26 









186 

STATEMENT U—Continued. 



ROAD DEPARTMENT. 



HOW EMPLOYED. 


d 
2; 


H 

O 


W 

S 
< 

J5 


>. a 


^ a 


Overseer of road, 
Section man, 

Foreman bridge carpenter, 
Bridge carp inters, 


1 
1 

I 
4 

1 
5 

1 
2 

1 
o 

1 

3 
3 

1 

1 
2 


7 

9 
3 

7 

4 
26 

56 


A. Philips, 
Each, 

Each, 
Each, 

Each, 

Each, 
Each, 

Each, 


$2 31 

1 50 

2 50 
1 60 

1 50 

2 75 

1 75 

2 75 
1 75 

1 50 

2 25 
1 50 
1 00 


$75 00 
45 00 


MACHINERY DEPARTMENT. 




Macliinisls' foreman. 

Apprentices, 
Blacksmiths' foreman, 

Carpenters' foreman, 
(( 

Painter, 

Car Inspectors' foreman, 
(( It 

Brought forward, 


» 



At Richmond depot, loading and unloading cars, 

At office in Richmond, . . . 

In shops as helpers, _ - . . 

Omnibus and wagon drivers, _ - . 

At depot in Petersburg, - - - - 

At depot at Port Walthall, 

At stations on the mam and Clover Hill roads, - 

As firemen and train hands, 

Free blacks, as firemen and train hands, - 

Yearly hands on the road. 



10 
1 
9 
5 
G 
7 

11 

12 
3 

12 



76 



PKOCEEUINGS 



THE STOCKHOLDERS 



RICHMOND AND PETERSBURG 

EAILROAD COMPANY, 

AT 

THEIR GENERAL MEETING, 

AND 

REPORTS 

MADE BY THE PRESIDENT, DIRECTORS AND SUPERINTENDENT 

TO THE 

STOCKHOLDERS, 

TWENTY-FIRST MEETING, MAY 27, 1866, 



RICHMOND : 

H. K. ELLYSON'S STEAAI POWER PRESSES, 147 MAIN STREET. 
185P). 



T W E N T Y - F I R S T 
ANNUAL MEETING OF THE STOCKHOLDEBJS, 

Held on Tuesday, May 27, 1856. 



At a meeting of Stockholders of the Richmond and Petersburg Rail- 
toad Company, at the office of the Company in Richmond, on Tuesday, 
27th May, 1856 : 

Mr. Gustavus A. Myers was appointed Chairman of the meeting, and 
John Williams, Secretary. 

The Chairman appointed Mr. R. B. Haxallj Mr. Ilolden Rhodes and 
Mr. WilUam F. Watson, a committee to examine proxies. 

The comnJttee reported that they had examined the proxies, and 
found them to correspond with the list thereof, which report was 
approved. 

There being present, in person and by proxy, private stockholders 
entitled to 1,420 votes, and the proxy of the Board of Public Works, 
Mr. Wm. F. Watson, entitled to 946, being two-thirds of the votes of 
private stockholders present, in all 2,366, (the whole number that could 
be given being 3,139,) the meeting proceeded to business. 

The following report was presented by the President and Directors, 
and read : 



ANNUAL REPORT. 



The Board of Directors of the Richmond and Petersburg Railroad 
Company respectfully submit to the stockholders this, their annual 
report, with its accompanying statements, exhibiting the condition of 
the property and affairs of the company on the 30th of April, 1856, and 
its operations and business during the year preceding that date. 

These statements show that the whole amount of the income of the 
company from its ordinary current business during the last fiscal year, 
was $161,947 53, or $6,245 64 more than it was the preceding year; 
while the total amount of its ordinary current expenses during the same 
period, was $78,713 03, or $6,049 61 less than their amount during the 
preceding fiscal year. 

The balance of income, amounting to $73,234 60, has been appropri- 
ated to the payment of the interest on the debts of the company, 
amounting to $15,025 35; to the two semi-annual dividends of 2^ per 
cent, each, declared in June and December, amounting to $42,830 ; to 
additions to the rolling stock and property of the company, (chiefly con- 
sisting of one new 6 wheel passenger, and eight new 8 wheel burthen 
box cars, needed to accommodate its business, and costing $6,440,) in 
all amounting to $8,220 25 ; to the payment of claims against the com- 
pany on account of the years 1839 to 1846, 1853 and 1864, unadjusted 
or unclaimed till during the last, and amounting to $5,461 29, and to- 
wards the diminution of the bills payable by the company from $22,954 
24, their amount on the 30th of April, 1855, to $3,478 68, their amount 
on the 30th of April, 1866. 

It is true that a portion of the first semi-anniial dividend was paid 
out of the nett income of the four months preceding the 30th of April, 
1855 ; but it is also true that a larger amount has been contributed by 
the nett income of the last four months of this last fiscal year to the 
dividend which may be declared during the next month, and is in- 
cluded and provided for that purpose in the items of cash on hand and 
bills receivable, specified in the accompanying statements. The decrease 
of $7,297 43 in the amount of cash on hand on the 30th of April last, 
below what it was on the 30th of April, 1855, has also contributed to 
the diminution of the bills payable account. 

The increase in the income of the company would, there is reason to 
believe, have exceeded what it has been, had its business not suffered, 
like that of others, by the interruptions and depressions caused by the 
unprecedented severity and length of the last winter, and the general 
and continued scarcity of money, felt chiefly by the mercantile, trading 
and travelling classes of the country. During the larger portion of the 
year, too, the transportation of coal on and from the Clover Hill Rail- 



191 

road either continued to decline, was, as during a portion of the winter, 
nearly suspended, or did not increase ; so that the whole number of 
bushels transported during the j^ast year was 183,350 less than were 
transported during the preceding year, during which there were 241,440 
bushels less transported than thsre were during the year ending on the 
30th of April, 1864. This business, it is believed, has now passed its 
lowest ebb, and within the last few months its tide has turned and risen, 
with every prospect of a steady, permanent and considerable annual in- 
crease. The extent of the coal field at the mines is believed to exceed 
what is even yet known of it. New shafts have been sunk and are 
pushed towards completion ; while the track of the Clover Hill road is 
now relaid over more than half its length, and will ere long be relaid 
over its whole extent with a new and permanent superstructure of 
heavy iron rails, facilitating the transportation of larger trains, with 
diminished wearing of their machinery. At the same time, the daily 
increasing demand for this description of coal for the gas works and 
manufactories of the cities of this and other States, promises to afford a 
ready and profitable market for all that can be produced. 

While many of the items of the ordinary current expenses of the road 
during the past year are much less, and their aggregate over $6,000 less 
than their amounts during the preceding year, a few of those items have 
exceeded their respective amounts during the preceding year, especially 
the repairs of depots and repairs of bridges. These increased amounts 
are accoimted for chiefly in the cost of a new and permanent metal roof 
to the depot and warehouse in Richmond, and in repairs and improve- 
ments to the James River bridge, which have greatly added to its 
strength and permanence. Upon this bridge an additional insurance of 
$10,000, increasing the item of contingent expenses, has been also 
effected, making the whole amount for which it is now insured $50,000. 

The other structures and buildings, as well as the machinery, cars and 
other property of the company, are in good condition and repair, and its 
business during the past year has been conducted by its officers and 
agents, who are under the direction of this Board, with diligence, fideli- 
ty and efficiency, to which the present prosperous condition of its affairs 
is largely attributable. 

Signed on behalf of the Board. 

P. V. DANIEL, Jb., President. 

The said report and the accompanying documents were received aud 
approved. 

The report of the examining committee was read, received and 
approved : 

The committee appointed at the last annual meeting of the company 
report, that they have examined the road from Richmond to Petersburg, 
and take great pleasure in testifying to the fine condition of the main 
line, and of the cars, locomotives, work-shops, and all their appoint- 
ments, reflecting great credit upon the general management of the com- 
pany's concerns. 



192 

The committee further report, that the books are neatly and accurately 
kept, and that the result of their examination is entirely satisfactory. 
Respectfully submitted. 

G. A. MYERS, 
J. GRATTAN CABELL, 
WM. F. WATSON, 
FRED. ANDERSON, 
Richmond, May 26, 1856. HENRY C. CABELL. 

The meeting then proceeded to the election of officers. 

Whereupon, Mr. Peter V. Daniel, Jr., was unanimously elected 
President of the company, and Messrs. Richard Barton Haxall, Holden 
Rhodes and Charles Ellis were elected Directors on behalf of the stock- 
holders. 

Messrs. Francis E. Rives and Roscoe B. Heath were announced to 
have been appointed Directors on behalf of the State. 

Dr. J. Grattan Cabell, and Messrs. William W. Harvie, Wm. F. 
Watson, Gustavus A. Myers, Powhatan Ellis, Jr., were appointed the 
committee of examination. 

On motion, Resolved, That the President take such measures in regard 
to publishing the report of the President and Directors, and the pro- 
ceedings of this meeting, as he may deem expedient. 

The meeting then adjourned. 

G. A. MYERS, Chairmam 

John Williams, Secretary. 



194 

A. 

Statement cf the affairs of the Richmond and Petersburg liaUroa- ' 

COST OP EOAD AND PROPERTY. 

From Richmond to Petersburg, including interest, 
per statement A 1, . . . . 910,633 82 

Of branch road to J'nrt Walthall, including pur- 
chase of land, wharves, coal tracks and cars, . 45,539 09 

956,172 91 

Re-construction of road, .... 191,880 94 

Land purchase, ..... 18,946 97 

DEBTS DUE TO THE COMPANY. 

This Company's stock taken for debt, . . 5,376 06 

Open accounts, ..... 8,474 60 

Bills receivable, 20,883 17 



34,733 83 
Cash on hand, . , . . . 3,295 36 



1,2(.5,030 01 



195 



Company, from the commencement of the work to the first of May 1856. 

CAPITAL STOCK. 

Subscribed by individuals 3,000 shares, 300,000 00 
Converted loan stock, 2,010 " $50, 100,500 00 

400,500 00 

Sub. by the St'e, old st'k, 2;000 '« 200,000 00 

" " new " 1,856 " 185,600 00 

8,866 all ent'ld eq'l div'ds, 385,600 00 



786,100 00 



DEBTS DUE BY THE COMPANY. 

Dividend bonds to the State, . . . 33,408 00 

Coupon bonds due 1st July, 1875, . . . 74,500 00 

" due 1st June, 1875, . . . 112,000 00 

Certificates of debt for dividends, . 23,657 27 

Am't to credit of individual stockholders, 508 86 



24,166 13 

Unclaimed interest on certificates of debt, . 143 45 

Bills payable, ..... 3,478 68 

Open accounts, ..... 8,352 43 



256,048 69 
Profit and loss, ....... 162,881 32 



1,205,030 01 



Richmond, 1«< May, 1856. 



JNO. WILLIAMS, Treamrer. 



\\u\ 



A 1. 

Heads of expenditure for construction of Road and purchase of Property 
to \st May 1856. 



Preliminary surveys, 




2,896 78 


Contingent expenses, 


. 




2,352 74 


Purchase of Manchester and Petersburg Turnpike stock, 




23,841 35 


Engineering expenses. 






32,403 99 


Real property in Richmond, 






19,617 24 


Land damages, 






19,264 99 


Graduation, 






168,273 32 


Superstructure, 






111,510 09 


Masonry, 






72,222 27 


James river bridge, 


'Masonry, '49,783 03 
Superstructure, 86,050 15 










135,833 18 






Falling creek bridge, 


. 


10,889 30 


Swift creek bridge. 








10,027 79 


Kingsland creek bridge. 




. 




5,496 42 


Depots and workshops. 




. 




13,106 72 


Richmond depot, 




. 




44,029 05 


Manchester depot, . 








3,359 04 


Water station. 




• • • 




1,181 54 


Pocahontas depot, . 








8,011 79 


Locomotive engines and cars, 








97,508 69 


Omnibus, 




, 




1,639 83 


OflBcers' salaries, 




. 




5,717 33 


Repairs of turnpike, 








1,389 97 


Interest on loans. 




'. '. \ 113,099 57 




Premium on sterling bills and 


commission on paving 




loan due in England, 


6,859 72 










no 959 29 






± It7^«7i7«7 *<»7 






910,633 82 



Richmond, \st May, 1856. 



JNO. WILLIAMS, Treasurer. 



19^ 



B. 



Statement of Financial Affairs within the year ending SOih April, 1856. 



Cash on hand 30th April, 1855, 
Capital stock increased this sum, . 
Transportation received this sum, 
Cost of road and property, increased this sum, 
Re-construction of road, increased this sum, 
Land purchase in Richmond, increased this sum, 
Debts due to the company, increased this sum. 
Debts due by the company, decreased this sum. 
Dividends declared. 
Transportation — expenses ordinary, 78,713 03 

extraordinary, 13,681 54 

Interest paid this sum, .... 
Cash on hand 30th April, 1856, 



1,396 80 
316 51 
110 99 

17,987 48 
89,683 26 
42,830 00 



92,394 57 

15,025 35 

3,295 36 



10,592 79 
100,500 00 
151,947 53 



263,040 32 263,040 32 



Richmond, \st May, 1856. 



JNO. WILLIAMS, IVeasurer. 



198 



i* 
^ 



'^ 



^ 






i'*" "^ 






«0 t^ 00 00 CO -^ 0> t- -- — < (N -^ 

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199 



Statement of Transportation Expenses from \si May, 1855, to 1st May, 

1856. 



Repairs of railroad, 

Repairs of engines and cars, 

Train expenses, ..... 

Clover Hill transportation expenses, 

Depot expenses, ..... 

Repairs of bridges and watching, 

Transportation of passengers and baggage in Richmond 

Officers' salaries, ..... 

Postages, newspapers and printing. 

Train losses and damages, 

Contingent expenses and insurance against fire. 

Branch road expenses, . . . . 

Repairs of depots, .... 

Mail expenses, . . - . . 

Through travel expenses, 





$6,663 42 




13,733 19 




13,050 72 




11,867 49 




10,413 17 




6,635 19 


i, 


1,568 30 




4,500 CO 




957 46 




586 56 




2,020 81 




807 18 




3,707 03 




635 13 




1,567 38 




$78,713 03 



Richmond, 1st Mat, 1856. 



JOHN WILLIAMS, Treasurer. 



E. 

Statement of Extraordinary Expenses from \st May, 1855, to \st May, 

1856. 



Eight new 8 wheel box cars. 
One new 6 wheel passenger car, 

New passenger depot, on account, 
Culverts to drain shops and engine house, 

Purchase of negro man, 



Amount of additions to stock, .... 
Arrears of treasurer's salary for 7 years, from 1839 to 

1846, 

Unclaimed bonds for negro hire for 1853 and 1854, 
Amount of expenses chargeable to former years. 

Total amount of extraordinary expenses, 



6,640 00 




800 00 







6,440 00 


500 00 




210 25 






710 25 




1,070 00 




8,220 25 


2,028 89 




3,432 40 





— 5,461 29 



13,681 64 



200 



F. 

Statement of Payments made to the Norfolk and Fort Walthall Steam- 
boat Association for Extra Through Travel, in Pursuance of Ag; ce- 
ment, dated 2d October, 1846. 



In May, 1855, 

In June, " 

In Jul/, " 

In August, " 
In September, " 
In October, " 
In November, " 
In December, " 
In January, 1856, 
In February, " 
In March, " 

In April, " 



$98 44 


89 77 


97 97 


288 38 


367 01 


290 57 


153 95 


111 86 


40 08 


280 08 


130 74 



$1,948 85 



RxOBHOKD, IST Mat, 1856. 



JOHN WILLIAMS, Treasurer. 



201 



Comparative Statement of the Business of (he liichnwnd and Peiershitrg 
Railroad Company, the year ending 30'h April, I800, tcith the year 
ending oOth April, 1856. 





1855, 


1856. 


IN ISftt). 




Deer 'se of Dr 


lucr'se of Dr- 








and increase 


and decrease 








ofCr. 


ofCr. 


Cash, 


$10,592 79 


$3,295 36 


$7,297 43 





Debts due to the Com- 










pany on stock and open 










account, . 


16,746 35 


13,850 66 


2,895 69 


— 


Bills receivable, 




20,883 17 


— 


20,883 17 


Cost of road and pro- 










perty, 


909,237 02 


910,633 82 





1,396 80 


Cost of branch road and 










property. 


45,539 09 


45,539 09 








Reconstruction of road. 


191,5G4 43 


191,880 94 





316 51 


Land purchase, 


18,835 98 


18,946 97 


100,500 00 


110 99 




81,192 515 66 


$1,205,030 01 




Capital stock, . 


685,600 00 


786,100 00 





Dividends due to the 










State, 


33,408 00 


33,408 00 








Certificates of debt for 










dividends and divi- 










dends credited, 


24,166 13 


24,166 13 







Open accounts due by 










the company, . 


1,203 58 


8,495 88 


7,292 30 





Coupon bonds due 1st 










July, 1875, 


175,000 00 


74,500 00 


— 


100,500 00 


Coupon bonds due 1st 










June, 1875, 


89,000 00 


112,000 00 


23,000 00 


— 


Bills payable, . 


22,954 24 


3,478 68 


— 


19,475 56 


Profit and loss, . 


161,183 71 


162,881 32 


1,697 61 


- 




1,192,515 6€ 


$1,205,030 01 


$142,683 03 


$142,683 03 



JOHN WILLIAMS, Treasurer. 



KiCHMO.NP, 1st May, 1856. 



202 



H. 

Statement showing the Net Income in the year ending ZOth April, 1856. 

Amount of income, $151,947 53 

Expenses of transportation — Ordinary, , . . 78,713 03 
Extraordinary, . . 13,681 54 

92,394 57 

Interest, 15,025 35 

107,419 92 

Net income, $44,527 61 

JOHN WILLIAMS, TVecwurer. 
RiCHifOND, IsT Mat, 1856. 



SUPERINTENDEfJT'S REPORT. 

Office Richmond and Petersburg Railroad Co., ) 
Eiclimond, April ZQth, 1856. J 

To Peteb V. Daniel, Jr., President. 

Sir: — I herewith submit to you my report, with its accompanying 
statements in detail, of the working and operating this road for the past 
year. It is a matter of no small gratification to me to be able to pre- 
sent its affairs in their present prosperous condition. 

The Roadway, Machinery, Cars, &c., are in very superior order, and 
I believe equalled by few and excelled by none in this country. 

Tlie trains have run with punctuality and safety, and although the 
past winter was one of extreme severity, and caused more or less ob- 
struction and many accidents on other roads in this and other parts of 
the country, we have been so fortunate as to have gone through it with- 
out accident or any serious delays to our regular trains ; in fact we have 
run throughout the year without accident of any kind to the trains. 

Notwithstanding the entire freedom of the trains from accident, it be- 
comes my painful duty to report a fatal casualty which occurred to one 
of our conductors, Mr. Clement N. Rothwell, who was struck by a farm 
bridge while on top of the cars of his train on the 19th of January last, 
and so severely injured as to cause his death on the 25th of the same 
month ; and although', from his near personal relationship, the occur- 
rence was one of the most painful and distressing nature to myself and 
family, it can only be regarded as one of the misfortunes incident to 
those who are engaged in a hazardous employment. 

Another fatal casualty occurred, by which a small negro boy, about 
eight years of age, who had gone to sleep upon the track, was struck by 
an engine attached to a coal train, and killed. 

The gross revenue for the year is $153,896 38, from which must be 
deducted $1,948 85, the amount paid the Norfolk and Port Walthall 
Association by the Company's contract with them for extra through 
travel, leaving the balance, per Treasurer's statement, $151,947 53. 

The working expenses are $78,713 03, or about 52 per cent, of the 
gross receipts. It will be seen that some of the items have been largely 
decreased ; in others there is an increase over the previous year. 

Extensive repairs have been made to James River Bridge, a new roof 
put on the Richmond depot, and other important repairs to depot 
buildings made, and which, in view of a judicious economy, it was 
thought best • not to defer, as in no business is the old adage more true 
than on railroads, viz: " that a stitch in time saves nine;" and I have 
always endeavored to have the Company's property in better condition 
at the end of the year than at the beginning, instead of allowing it to 
depreciate for the purpose of making a temporary show of a decrease 
in expenses at the cost of future years. 

The stateincuts appended, from A to M, give full details of the busi- 
ness. 3 



2(1-1 



WORKING EXPENSES. 



I. ROAD DEPARTMENT. 

Repairs of road, for all materials and wages, . 6,663 42 

" bridges, including watchman, . . 6,635 19 

" depot, for all materials and wages, . 3,707 03 

II. MACHINERY DEPARTMENT. 

REPAIRS OF LOCOMOTIVES AND CARS. 

For engines running passenger, freight, material, wood and gravel 
trains. 





I'or materials. 


For wapes. 








571 03 


1,992 26 


2,563 29 




Passenger cars. 


1,448 60 


1,689 27 


3,177 67 




Freight cars. 


582 12 


978 12 


1,561 00 


7,301 96 


Coal engines. 


1,836 45 


3.128 60 


4,965 05 


Coal cars. 


398 63 


1,067 55 


1,466 18 


6,431 23 



III. TRANSPORTATION DEPARTMENT. 



17,005 64 



13,733 19 



TRAIN EXPENSES. 

Wageg to conductors, engine men, firemen, brakemen, wood, oil, 
cotton waste, tallow, &c., for passenger and freight trains, . 13,050 72 

CLOVER HILL TRANSPORTATION EXPENSES. 

Pay of agents, engine men, firemen, brakemen, and hands em- 
ployed exclusively in the transportation of coal, wood, oil, &c., 
used by coal trains, ...... 11,867 49 

DEPOT EXPENSES. 

Pay of ticket and freight clerks at Richmond and Petersburg, de- 
pot hands, gas, watchmen, coal for offices, ice, brooms, and sun- 
dries, rent of lot at Richmond, &c., . , . . 10,413 17 

TRAIN LOSSES AND DAMAGES. 

Payments for goods damaged, lost or stolen, stock killed, &c., . 586 56 

BRANCH ROAD EXPENSES. 

Pay of agent and hands at Port Walthall, . . . 807 18 

THROUGH TRAVEL EXPENSES. 

Including transportation of passengers and baggage in Richmond, 
$1,568 30, $1,567 38, 3,135 68 

MAIL EXPENSES, 

Transportation of mail in Richmond, .... 635 13 

GENERAL EXPENSES. 

Officers' salaries, ..... 4,500 00 

Postages, newspapers and printing, . . 957 46 

Contingent expenses, and insurance against fire, . 2,020 81 



Total. 



$78,713 03 



205 

PETERSBURG AND MANCHESTER TURNPIKE. 

The receipts for tolls have been, for the year, $814 77, the expenses, 
40, leaving a balance of $8 37 to its credit. 

To the amount as charged on the books to Gover Hill transportation 
expenses, should be added, to show its true cost, the amount expended 
for repairs of engines and cars used exclusively in that business, and 
also its share of depot expenses ; the latter of which, of course, cannot 
be kept separate, but it has been estimated by competent judges to 
amount to about 2 mills per bushel. The real cost of the business 
would then be as follows : 
Charged on Treasurer's books to that account, expenses 

incurred exclusively for that business, - - 11,867 49 

Repairs of engines and cars used in that business, - 6,431 23 

Its share of depot expenses, - " - •• - 2,359 11 



Making the actual cost, - - $20,657 83 

Exclusive of any share of the general expense of the road. 

Eight new eight wheel box cars have been purchased, 
and a new six wheel passenger car biiilt in the shops, at 
a cost of, ----- - 6,440 00 

Expended on accoimt of new passenger 
depot in Richmond, - - - 500 00 

Culverts to drain shops and engine house, 210 25 

A negi-o man purchased. 

Being an increase of property to the amount of 
Paid arrears of Treasurer's salary, from 

1839 to 1846, 
Unclaimed bonds for negro hire, for the 

years 1853 and 1854, 
Making an amount of - 
Which is chargeable to former years. 
Making a total of - - - 

Extraordinary expenses. 

All of which is respectfully submitted. 

THOS. DODAMEAD, Superintendent. 



- 


710 25 
1,070 00 


- 


8,220 25 


2,028 89 




3,432 40 


5,461 29 




- 


$13,681 54 



206 

STATEMENT A. 

Business of the Richmond and Petersburg Railroad during the year 
ending April SOth, 1856. 

TONNAGE. 

Coal transported, in tons, .... - 41,281 

Tobacco transported, in hogsheads, - - - - 7,382 

Cotton transported, in bales, ----- 3,892 

Express freight, ------ 298 

Total amount of freights of all kinds, in tons, - - - 58,671 

Number of tons hauled 1 mile, - . - - 1,528,043 

Miles run by freight engines, ----- 14,369 

Miles run by coal engines, ----- 28,735 

Receipts per mile run by freight trains, in cents, - - 175 5-10 

Receipts per mile run by coal trains, in cents, - - 134 3-10 

PASSENGER TRAVEL. 

Number of through passengers during the year, - - 39,675 

Number of local and steamboat passengers, - - - 49,245 

Total number of passengers, ----- 88,920 

Passengers carried 1 mile in the cars, - - - - 1,962,519 

Miles run by passenger engines, - - - - 36,946 

Receipts per mile run by passenger trains, in cents, - - 241 2-10 

RECEIPTS OF ROAD. 

From freight on coal, - - - $34,817 57 

" miscellaneous freight, - - - 27,813 18 

♦' express freights and extra baggage, - 2,465 69 

65,096 44 

«' Passenger travel, ----- 81,255 41 

" Transportation United States Mail, - - - 7,536 16 

" Tolls on Petersburg & Manchester Turnpike, less expenses, 8 37 

153,896 38 
Less amount paid Norfolk and Port Walthall Association, for 

extra through travel, ----- 1,948 85 

$151,947 53 



201 

STATEMENT B. 

RoUing Stock on the Road, April ZQth, 1856. 



LOCOMOTIVE ENGINES. 

7 Eight-wheel engines with tenders, 
4 Six-wheel engines with tenders, 

1 Four-wheel engine with tender. 

1? 

COAL CARS. 

115 Four-wheel. 

CARS FOR FREIGHT AND GENERAL USE. 

20 Eight-wheel box cars. 

17 Eight-wheel platform cars. 

2 Eight-wheel wood cars. 

2 Eight-wheel empty barrel cars. 
4 Four-wheel dumping cars. 

46 

PASSENGER, MAIL AND BAGGAGE. 

4 Eight-wheel smokers' and servants' cars. 

6 Eight-wheel first-class cars. 

1 Eight-wheel baggage and mail car. 

1 Twelve-wheel baggage and mail car. 

1 Eight-wheel baggage car. 

1 Six-wheel passenger coach. 

14 

In addition to which there are truck, hand, and crank cars, for track 
layers, section men, &c. 



208 

STATEMENT C. 

Statement of Coal transported from Glover HiU duriny the year ending 
April ZOth, 1856. 







_ 3 


§2 


2 . 

cS to 

btTa 


a 
o 

Eh 




MONTHS. 


hS 


0.0 
f-tm 


(25 


£:| 


(<H 


SQ 






Oh 




bl)3 


o 
d 


o 

a 


1855. 














May, 


10,545 


15,070 


57,445 


83,060 


2,596 


2,523 34 


June, 


9,010 


6,540 


44,870 


60,420 


1,888 


1,828 98 


July, 


37,565 


4,215 


41,360 


83,140 


2,598 


2,320 61 


August, . 


47,505 


20,985 


45,425 


113,915 


3,560 


3,204 68 


September, 


59,220 


14,245 


37,670 


111,135 


3,473 


3,224 97 


October, . 


81,400 


30,430 


1,435 


113,265 


3,540 


3,556 51 


Kovember, 


85,075 


16,140 


27,980 


129,195 


4,034 


3,904 19 


December, 


54,280 


33,805 


6,820 


94,905 


2,966 


2,880 01 


1856. 














.January, . 


23,030 


14,680 




37,710 


1,178 


1,163 69 


February, 


79,570 


35,700 


- 


115,270 


3,600 


3,607 66 


March, 


62,960 


23,760 


22,900 


109,620 


3,426 


3,265 41 


April, 


33,475 


20,385 


74,065 


127,925 


3,998 


3,393 44 


Total, . 


583,635 


235,955 


359,970 


1,179,560 


36,857 


$34,873 39 



To Richmond, 
" Petersburg, 
" Port Walthall, 



SUMMARY. 

583,635 bushels. 
235,955 " 
359,970 " 



20,425 tons. 

8,258 '< 
12,598 - 



Total, . 1,179,560 Total, . 41,281 

Equal to 1,158,493 tons hauled 1 mile. 



209 



f- 






y, 


«:i 


> 


a 


V. 


;^ 


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S 


I-; 


^ 


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^ 




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D 


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5^ 


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H 


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aa 



1 

1 


Amoost. 


$ 430 23 
447 93 
372 53 
368 75 
422 52 
536 03 
352 94 
310 87 
545 68 
700 23 
726 27 
411 89 






•su(>x 


':Da5iOcot^coocoa:<in-.#ao 

,_|,_|^r-lr-ie-Jr-tr-He<lTj(COrH 


00 

CO 
00 




•sqi 


15,135 

3,291 

17,933 

15,196 

18,197 

39,736 

8,040 

2,770 

11,272 

11,363 

16,564 

26,934 




•iqSisJj 
sno<)uBi[9asii^ 


97,662 
112,643 
72,760 
. 122,198 
171,254 
332,496 
139,931 
116,051 
332,287 
393,541 
199,906 
160,898 






•jaquin^ 


3,711 

902 
4,530 
1,540 

1,533 

10,020 
4,971 
2,408 
1,041 


o 

CO 

oo" 
so 




jfjaaiqoBj^ 


52,534 
48,947 
30,125 
35,351 

4,775 
21,342 
21,988 
20,310 
100 
11,950 
13,328 

7,718 




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1855. 
May, . 
June, . 
July, . 
August, 
iSeptember, 
October, . 
November, 
December, 
January, . 
February, . 
March, 
April, 



210 



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211 

yXATOlENT F. 



Tormage irecnrpofrted during the Tear ending April ZO(h, 3856. 



CLOVHB HILL TO BICBMONR. 



Tobacco, 126 hogsheads. 
Wheat, 10.579 bushels. 
Corn, aiO " 
Lumber, 85,01T feet, . 
Miscellaneous, 



83 toDS- 

316 tons. 

8 tons. 

170 tons. 

21 tons, 

698 ioas. 



SICHMOND TO CLOVIS HILL. 



Miscellaneous freight, consisting of groceries, corn, dij 

goods, castings, meal, furniture, guano, &c., . . G08 tooi*. 



CLOVEB HIIiL TSO PETERSBUES. 



Lumber, 8,500 feei, .... 17 tons. 

Wheat, 1,170 bushels, . . . S5 tons. 

Tobacco, 2 hogsheads, . . , 1 ton. 



5S tons. 



All tone of 2,000 lbs. 

Equal to 151,492 tojia tiansporfced one laiie. 



1,2X1 £ 



PETERSBURS TO CTiOVER Hlii. 

Miscellaneofls freight, groceries, gaano, &c., . . 95 toiii. 

— JE*8- 

PORT WALTHALi:, TO CLOVER HILL. 

Bay, powder, oil, &c., ..... 3& 

FORT WALIHALl, TO aiCHMOND, 

Railroad jtoh, .... 4,53"! tocg. 

Miscellaneous, .... 4 tons. 

4,&S& i&ss^ 

XieSHOSB TO ?ORl TRTALTHALL. 

279 hogsheads tobacco, ... 212 tons, 

Miseellaneoas, .... 19 tons. 

597 cords wood, (way) . . . 1,044 tons. 

1,275 tofls. 






212 



STATEMENT G. 



Local Passengers between Richmond and Petersburg during the year 
ending April Zdth, 1856. 



NORTHWARDLY. 



DATE. 


Way Passen- 

cers 
put down. 


Way Passen- 
gers 
taken up. 


Petersburg 

to 
Richmond. 


Total. 


Grand 
Total. 


1855. 




t> 

cS 

s 


a) 


o 

OS 

W 




m 

M 
u 

c3 

S 


1 


M 
u 

CS 

5 






40 
23 
43 
42 
40 
62 
18 
35 

26 
31 
25 
25 


21 
27 
12 
22 
14 
12 
12 
59 

16 
10 
20 
12 


80 

75 
24 
84 
66 
63 
117 
84 

121 

69 

76 
67 


38 
26 
10 
24 
15 
13 
20 
34 

32 

8 

20 

12 


1,195 

1,1721^ 

1,112 

1,355 

1,05634 

2,545}^ 

1.473 

1,751 

1,253 
1,361 
1,119 
1,016M 


383 
204 
254 
225 
223 
227 
200 
369 

265 
178 
246 
152 


1,315 

1,270K 

1,179 

1,481 

1,162>2 

2,67034 

1,608 

1,870 

1,400 
1,461 
1,219 
1,108>^ 


442 
257 
276 
271 
252 
252 
232 
462 

313 
196 
286 
176 


1,757 




1,5273^ 


July 


1,455 




1,752 


September 

October 

November 

December 

1856. 

January 

February 


1,414K 
2,9223^ 
1,840 
2,332 

1,713 

1,657 
1,505 




1,28434 








Total 


410 


237 


925 


252 


16,410 


2,926 


17,745 


3,415 


21,160 



SOUTHWARDLY. 



DATE. 



1855. 



Way Passen- 
gers 
put down. 



^ 



May 87 

June 88 

July 123 

August [ 91K 

September ' 65J^ 

October 191 



November. 
December . 

1S56. 
January... 
February.. 

March 

April 



90 
80 

108 
62 
68 
81 



Total 1,135 342 I 451 



64 
31 
36 
16 
14 
18 
18 



23 

15 

8 

11 



Way Passen- 
gers 
taken up. 



20 
9 
.37 
49 
41 
50 
49 
46 

44 
39 
32 

35 



4 
3 

11 
9 
9 
6 
4 

12 

9 

7 

11 

2 



Richmond 

to 
Petersburg. 



fe 



1,1043^ 

1,046 

1,181 

1,116K 

1,078>^ 

2,821 

1,349 

1,528 

1,049 

1,178 

1,011 

973 



Total. 



^ 



« 



384 1,211>^ 

197 1,143 

230| 1,341 

211 1,257 

223 1,185 

229 3,062 

228 1,488 

413 1,654 



244 1,201 

156 1,279 

239 1,111 

153 1,089 



87 115,4353^ 2,907 17,021}^ 3,336 20,3573^ 



oq 



452 
231 
277 
236 
246 
253 
250 
513 

276 
178 
258 
166 



Grand 
Total. 



1,6633^ 

1,374 

1,618 

1,493 

1,431 

3,315 

1,738 

2,167 

1,477 
1,457 
1,369 
1,255 



213 



STATEMENT H. 

Through Passengers Jor the year ending April ^Oth, 1856. 

SOUTHWARDLY. 





M 


.S 


o 


o 


From Richmond 






9.2 


33 


a 1 


a"S) 








DATE. 


O 0) 


?..i 


o g 


to 


Total. 




&< fe 


P^'5 


^•5 


f^-S 










^ 


3 

PL, 


« 


C8 


WeldonA Gaston. 




1855, 
















May, . 


2WA 


78K 


123^ 


128 


194 


85 


8571 


June, . 


185 


153 


80i 


138 


209 


111 


876^ 


July, . 


178 


561 


130i 


163^ 


173 


59 


1,265 


August, 


457 


238K 


199 i 


179i 


138 


92 


1,3041 


September, 


1,472 


537K 


340i 


228i 


212 


222 


3,0121 


October, 


1,197 


517K 


390J 


347 


334 


321 


3,107 


November, 


569 


246 


223| 


229 


355 


264 


1,8861 


December, 
1856. 


295 


137>^ 


119J 


247 


264 


261 


1,324 


January, . 


UhV, 


30K 


28 


27i 


677 


451 


1,3591 


February, * 










1,224 


342 


1,566 


March, 


832J^ 


399 


186 


294i 


275 


413 


2,400 


April, 


177 


101 


92 


176i 


229 


319 


1,0941 


Total 


5,756>^ 


3,000 


1,914 


2,159 


4,284 


2,940 


20 053 







* Potomac frozen up. 



NORTHWARDLY. 





i 




From Weldon 


^ 






S &0 


fl^ 








DATE, 


OS 


o-a 


and Gaston 


TOTAI,. 






H 


to Richmond. 


0) 




1855. 














May, , , , , 


5451 


35 


226 


55 


149 


1,010^ 


June, 


4561 


123 


288 


59 


122 


1,0481 


July, , , , . 


5321 


124 


323 


81 


1341 


1,1951 


August, 


1,715 


406 


308 


71 


223 


2,7231 


September, 


7841 


687^ 


241 


52 


300 


2,065 


October, 


579 


425 


218| 


85 


220J 


1,528 


November, 


3831 


185 


181 


50 


174 


9731 


December, 


549 


107 


231 


75 


158 


1,120 


1856. 














January, . 


427i 


43 


610 


99 


15 


1,1941 


February, . 






1,782 


100 


8 


1,890 


March, 


1,203 


612 


227 


103 


171 


2,216 


April, 


823^ 


195^ 


265 


81 


1851 


1,5501 


Total 


7, 999 J 


2,843 


4,900i 1 911 


1,860^ 


18,514i 



214 

STATEMENT I. 



Whde Number of Passeivgers carried on Trains during the Year ending 
April 30th, 1856, over the Richmond and Petersburg Railroad. 



Through passengers, . 
Local passengers, 


SOUTHWARDLY. 
NOETHWARDLT. 

way of Port Walthall, 
way of Port Walthall, 

ond and Petersburg and 


20,053 
20,3571^ 


40,410K 
39,674>^ 

8,393 
442 

83,920 


Through passengers, 
Local passengers, 


18,514K 
21,160 


Steamboat passengers, by 

downwards, . 
Steamboat passengers, by 

upwards, 

Passengers between Eichm 
Clover Hill, . 

Total number of passengers, 


3,490 
4,903 



EquaJ to 1,962,519 passengers carried one mile. 



i>15 



STATEMENT J. 

Statement of MiUs run by Trains of ali Mnds during the year ending 
April z6th, 1856. 











__ 






DATE. 


.3^ 

rt a) 


.s4 


eS O 


ains 
terii 
md 
ood 




< 




Oh 




S- 






H 


1855. 














May, 


2,974 


l,787>^ 


2,053 


732 


- 


7,546K 


June, 


3,034K 


1,395 


1,608 


€86 


219 


6,935K 


July, 


3,055 


1,413 


2,032 


695 


40 


7,235 


August, 


3,010M 


1,505 


•2,820 


660 


22K 


8,018 


September, . 


2,975>< 


1,162}^ 


2 646 


672 


- 


7,456 


October, 


3,401'^ 


1,351 


1,971 


760K 


477 


7,961 


November, . 


3,192 


1,077K 


3,170 


778 


768 


8,985K 


December, . 


3,225K 


765 


2,452 


935 




7,377J^ 


1856. 










- 




January, 


3,146K 


517K 


1,310 


935 


- 


5,909 


February, . 


2,648 


947 


2,979 


861 


- 


7,435 


March, 


3,240K 


817J^ 


2,710 


933 


10 


7,711 


April, 


3,042>^ 


1,630M 


2,984 


1,057 


- 


8,714 


Total, . 


36,946 


14,369 


28,735 


9,70tK 


1,5S6}^ 


91,291 



SUMMAKY. 



Miles with passenger trains, 
" freig-ht trains, 

" coal trains, 
'•' material and wood trains, 

■" gravel trains, 



36,946 

14,369 

28,735 
9,704K 
1,536K 

91,291 



Average «ost of repaire of engines durif^ the year bas been 8 24-100 cents 
per mile run. 

Repairs of passenger cars 17-100 of a cent per passenger per mile, or 9 cents 
per mile run by passenger trains. 

Repairs of freight cars 4-10 of a cent per ton per mile, or € 48-100 cents per 
mile run by freigat trains. 

Repairs of coal cars 12-100 of a cent per ton per mile, or 5 1-10 cents per 
mile run by coal trains. 

Total working expenses, ftS 2-M cents per mile run- 



216 

STATEMENT M. 

Number ef Persons employed by the Bichmond and Petei'shurg Railroad 
Company, April SOth, 1856. 



TRANSPORTATION DEPARTMENT, 



HOW EMPLOYED. 


o 
is 


< 


< 


Oh 


CL, a 


Ticket and freight clerk at Richmond, 
SuperintendenPs clerk, 


1 
1 


2 

1 

2 
1 

1 
1 

2 
2 

6 


J. N. Parker, 

M. W. Yarrington, 




$62 60 
58 33 


Ticket and freight clerk at Petersburg, 


1 


Richard Furt, Jr., 




62 50 


Agent at Clover Hill, 
Assistant agent at Clover Hill, 


1 

1 


A. R. Smith, 
R. E. Morriss, 




60 00 
35 00 


Agent at Port Walthall, 


1 


Thomas Bass, 




41 66 


Yard manager at Richmond, 


1 


Hiram James, 




50 00 


Omnibus manager. 


1 


Wm. R. Gibson, 




50 00 


Conductor of passenger train, 
it t( It ft 


1 
1 


H. P. Stratton, 
W. R. Daniel, 




50 00 
50 00 


£aggage masters. 


2 






40 00 


Engine men, 

it it 


1 
5 






70 00 
67 00 


Watchman at Richmond, 


1 

1 


2 




1 20 
1 10 




" James river bridge. 


3 


3 
1 






25 00 


" Petersburg, 


1 




1 25 








24 









2ir 



STATEMENT M—Cmtinuecl 



aaAD DEFAETMENT. 



HOW EMPLOYED. 


6 


H 
O 








Overseer of road and bi-idges. 
Section man, 
Bridge carpenters. 


1 

2 

1 
11 

1 

2 
4 
2 

1 

1 

1 

2 
2 
2 

1 

1 

2 


1 

2 
12 

9 
1 
1 
I 

& 
1 

3 
37 


A. Philips. 


1 T5 

1 50 

2 60 

1 75 

1 60 

2 75 

1 75 

2 75 

1 75 
1 60 

1 50 

2 25 

1 50 
1 15 


$75 00 


MACKINERT DEPARTMENT. 




Machinists' foreman. 

Apprentices, 
Blacksmiths' foreman,. 
11 

Carpenters' foreman^ 

Painter, 

Car inspectors' foreman>. 





NEGROES. 

At Richmond depot, loading and unloading ears, ..... 9 

At office in Richmond, 1 

In shops as helpers, .......... 6 

Omnibus and waggon driyeri3> . . » 5 

At depot in Petersburg, 6 

At depot at Port WaltfaLall, . 6 

At stations ou the ma,in and Clover Hill roads, 8 

As firemen and train hands, 12 

Hands on road. ...... 12 



65 



218 

STATEMENT L. 

Materials on hand April SOth, 1856, for Repairs of Locomotives and 

Gars. 



Iron castings for cars and engines, 

Brass castings for cars and engines. 

Copper flues for engines, 

Iron flues for engines. 

Tyres for engines, 

Springs for engines, 

Springs for cars, 

Steel for springs, 

Iron, bar. 

Wheels for cars. 

Iron works for cars, coupling pins, links, Ac, 

Duplicate parts of engines, viz : crar.k guides, pedestals, Ac, 

Sheet iron, lead, sheet and bolt copper, solder, block tin, zinc, wire, 

cast steel, files, &c, ...... 

Timber, lumber, nails, screws, leather, gum springs, furniture, &o., 

for cars, . . . , . . . • 



910 28 


924 00 


895 20 


110 12 


999 25 


545 87 


743 82 


123 12 


465 07 


210 00 


144 00 


375 00 


176 98 


153 00 


$6,775 71 



PROCEEDINGS 

OF THE 

STOCKHOLDERS 

IN THE 

RICHMOND AND PETERSBURG 

RA.IL ROA.D OOMPANY, 

AT 

THEIR GENERAL MEETING, 

AND 

REPORTS 

MADE BY THE PRESIDENT, DIRECTOES AND SUPERINTENDENT, 

TO THE 

STOCKHOLDERS, 

TWENTY-SECOND MEETING, MAY 2G, 1857. 



RICHMOND: 
CHARLES H. AVYNNE, PRINTER. 

1857. 



TWENTY-SECOND 



MNUAL MEETING OF THE STOCKHOLDERS, 

Held on Tuesday, May 26, 1857. 



At a meeting of Stockholders of the Richmond and Petersburg Rail 
Road Company, at the office of the Company in Richmond, on Tues- 
day, 26th ]\Iay, 1857 : 

Mr. James H. Cox was appointed Chairman of the meeting, and 
John Williams and M. W. Yarrington, Secretaries. 

The Chairman appointed Mr. G. A. Myers, Mr. Wm. F. Watson 
and Mr. Frederick Anderson, a committee to examine proxies. 

The committee reported that they had examined the proxies, and 
found them to correspond with the list thereof, which report was 
approved. 

There being present, in person and by proxy, private stockholders 
entitled to 1,131 votes, and the proxy of the Board of Public Works, 
Mr. Wm. F. Watson, entitled to 754, being two-thirds of the votes 
of private stockholders, in all 1885 (the whole number that could 
be given being 3,384), the meeting proceeded to business. 

Whereupon the President presented to the meeting the Annual Re- 
port of the Board of Directors, with its accompanying documents, 
which were read, and on motion were received and approved. 

The following report of the Examining Committee, was then read, 
and on motion received and approved : 

The Committee appointed at the last annual meeting of this Com- 
pany report that they have examined the road from Richmond to 
Petersburg and to Port Walthall, and take great pleasure in testifying 
to its tine condition and to the good condition of the cars, locomotives, 
workshops, and all their appointments, reflecting great credit upon 
the general management of the Company's concerns. The passenger 



222 

cars would no doubt present a neater external appearance, were pro- 
per sheds provided for their protection. 

The conunittcc further report the books are neatly and accurately 
kept, and that the result of their examination is entirely satisfactory. 

E-espectf'ully submitted, 

G. A. Myers, 
Wm. W. Hauvie. 
Richmond, Maij 26, 1857. Wm. F. Watson. 

On motion of Mr. Moncurc Eobinson, the following resolution was 
unanimously adopted: 

Resolved, That a committee of three, of which the President be 
the chairman, be appointed, to report to the next meeting of Stock- 
holders the action tliey would recommend in relation to the Peters- 
burg and Manchester Turnpike and the Pocahontas Bridge. 

Whereupon, the Chairman appointed the following committee : 
Messrs. Peter V. Daniel, Jr., Charles Ellis and Roscoe B. Heath. 

Mr. Moncure Robinson oifered the following resolution, which waa 
unanimously adopted : 

Rcwlccd, That the salary of the President of this Company, be 
increased to 82,000 per annum. 

Mr. Frederick Anderson offered the following resolution, which 
was unanimously adopted : 

Resolved, That the salary of the Treasurer of this Company be in- 
creased to $1,750 per annum. 

The meeting then proceeded to the election of ofl&cers. 

Whereupon, Mr. Peter V. Daniel. Jr., was unanimously elected 
President of the Company, and Messrs. Richard Barton Haxall, 
Charles Ellis, and Dr. Charles S. Mills, were unanimously elected Di- 
rectors on behalf of the Stockholders. 

Messrs. Francis E. Rives and Roscoe B. Heath were announced to 
have been appointed Directors on behalf of the State. 

Messrs. Samuel T. Bayly, Wm, F. Watson, Wm. W. Harvie, 
Frederick Anderson and Powhatan Ellis, Jr., were appointed the 
Committee of Examination. 

On motion, Resolved, That the President take such measures in re- 
gard to publishing the report ef the President and Directors, and 
the proceedings of this meeting, as he may deem expedient. 

The meeting then adjourned. 

JAMES H. COX, Chairman. 
M. W. Yarrington, Secrciari/. 



ANNUAL REPORT. 



The Board of Directors of the Eichmond and Petersburg Rail 
Road Company respectfully submit to the Stockholders thi.^, their An- 
nual Report, with the aceotiipanying statements, exhibiting the busi- 
ness and affairs of the Company during the year ending on the 30th 
of April, 1857. 

From these it will be seen, that the income of the Company, 
from its ordinary current business, during that period, amounted to 
S157,40o 97, or S5,456 44 more than that of the preceding year ; 
and its ordinary current expenses to $82,6G2 88, or S3, 949 85 more 
than their amount during the preceding year; an increase for which 
the enhanced cost of fuel, oil and labor, fully accounts. The amount 
of these expenses, as compared with those of the preceding year, was 
further increased, by the settlement during April, of over $4000 of 
open accounts, heretofore, usually settled in July. 

In view of the absence, during this year, of any session of the 
State Legislature, and of the increased travelling to Richmond, inci- 
dent to its sessions here, and considering the interruptions to both 
trade and travelling, resulting from the severity of the winter, the 
occurrence of an increase of over $5,000 in our income, is an ear- 
nest of the steady progress of the business of the Company. Confi- 
dence in that progress is further confirmed by the facts, that there 
has been, during the last year, an increase of 4,434 through passen- 
gers, of 6,540 local and steamboat passengers, of 3,251 hogshcadg of 
tobacco, of 621 bales of cotton, of 4,562 tons of freight carried be- 
tween Richmond and Petersburg, and of 293 tons of miscellaneous 
freight carried to and from Clover Hill; items comprising the most 
reliable and permanent resources for the increasing business and pro- 
fits of this Company. 

Although, there has been, also, an increase of nearly 8,000 tons in 
the amount of coal transported from the Clover Hill mines, the in- 
come received from this business is $1,161 50 less than that derived 
from it the preceding year, in consequence of the reduction under 
the contract with the Clover Hill Rail Road Company, which took eifect 
on the 1st of August last, in the tolls on coal, which had during the 
two preceding years been considerably advanced, to indemnify this 
Company for the additional expense of transportation, resulting from 
the dilapidated condition in which the road of that Company then 
wa=!, and for some time had been. That road has since been re-laid 
with T iron rails and new sills, and the reduction in tolls on coal, 
agreed upon between the two Companies, accordingly has gone into 



224 

effect. The income from this business during the past year, never- 
theless, exceeds the income derived from it during the year ending 
April oOth, 1853, during which, 7, '.^04 tons of coal more were trans- 
ported than during last year, by $5,618 04, and is less than that 
received from it during the year ending April 30th, 1854, during 
which, 8,642 more tons were transported than during last year, by 
only $2,196 85. 

It is confidently expected, that with the constantly increasing de- 
mand for coal, especially in llichmond and Petersburg, to which 
points its transportation is most profitable to this Company, and 
with the very extensive veins which have been recently laid open, 
and are about to be worked in the Clover Hill region, this business, 
during this and each succeeding year, will steadily and greatly 
increase in amount, and also become more profitable to this Com- 
pany. 

This increase in the (Company's business, past, present and prospec- 
tive, has made necessary an increase of its machinery and cars, both 
in supplying those which have been worn out, and in adding to their 
number, which increase, in the purchase of a new engine and coal cars, 
constitutes, $11,229 87 of the amount of ''Extraordinary Expen- 
ditures" contained in the accompanying statements. Another item 
of those expenditures, amounting to $6,000, was paid for considera- 
ble enlargements and improvements in the Depot buildings at Rich- 
mond, which greatly facilitate and protect the transportation of 
freights. The item of $6,000 for repairs of bridges is also an outlay 
not chargeable to the current expenses of the year, but one condu- 
cing to the greater strength and security and permanence of the 
bridges for many years. Additional side-tracks and other similar 
expenditures are comprised in the last item of extraordinary expenses, 
which also include $8,167 15, damages, costs and counsel's fees paid 
in the suit of Mrs. Purnell against this Company decided last winter 
in the Federal Court, and brought to recover damages for injuries 
received by herself, her son and servant from an accident to one 
of this Company's passenger trains, which occurred early in April, 
1853. 

The Branch Road to Port Walthall, with all its turnouts and ad- 
ditional tracks at that place, has been during the past year recon- 
structed in the best and most permanent manner, with heavy iron rails, 
at a cost of $20,572 58, and is now in perfect order. For this ex- 
penditure, as well as for the greater portion of those under the head 
of Extraordinary Expenses, it was the design of the Legislature and 
the Stockholders to provide from the sales of the coupon bonds, issued 
in June, 1854. But, a reluctance to sail thcui bjlow theu' par value, 
and the unlimited off'erings in the market of other Rail Roads and 
State securities, at heavy discounts, has prevented the sale of more 
than $11,500 of these bonds during the past year. There has also 
been paid during the past year the sum of $4,459 22, included in 
the increased items of " Cost of Road nd Property," for land dam- 



225 

ages for the original construction of the main road, the payment of 
which had been suspended by the pendency of two suits, one of 
which was decided, and the other compromised during the past year; 
leaving no other similar claim against this Company, now remaining 
unsettled. 

This item has also been increased by the purchase of the lot lying 
between this Company's Depot in Pocahontas, and the Appomattox 
River, for $1,876, on a credit of one, two and three years, an acqui- 
sition deemed highly important and valuable to this Company. 

Information as to the condition of the Road, machinery and other 
property of the Company, is fully and, it is believed, correctly given 
in the report of the Superintendent, and will be further given doubt- 
less in the report of the Examining Committee, 

For information respecting the condition and cost of repairing the 
Manchester Turnpike, the Board respectfully refer to the accompany- 
ing report of the Superintendent, and submit to the Stockholders 
the question of the expediency of incurring that cost, or of a trans- 
fer or other disposal of their property in that turnpike road. 

During the past winter the of&ccs of Treasurer and Superintendent 
have both been vacated by the gentlemen who have filled them for 
many years. While the Board have regretted the necessity of part- 
ing with ofiicers so capable and experienced in the affairs of the Com- 
pany, they deem it a subject of congratulation, that they have been 
able to procure as their successors in those offices two such able and 
efficient officers as our jDresent Treasurer, James B. Macmurdo, Esq., 
and E. H. Gill, Esq., our present Superintendent. Convinced, how- 
ever, that with the greatly enhanced expenses of living in this city, 
and with the increased salaries given to similar officers, (our late Su- 
perintendent now receiving double the salary paid him by this Com- 
pany,) the services of such officers would be inadequately compensated 
by, or could not be obtained for, the salaries heretofore paid by this 
Company, the Board fixed the salary of Superintendent at $2,000 per 
annum, and having no authority under our by-laws to increase that 
of the Treasurer, they earnestly recommend to the Stockholders, to 
increase it to not less than $1,750 per annum. 

Of the attention, fidelity and efficiency of the officers and em- 
ployees of the Company, under the direction of the Board, it gives 
the Board pleasure to add their cordial commendation. 

Respectfully submitted, &c. 

Signed in behalf of the Board by 

P. V. DANIEL, Jun'r, 

President. 



226 



A 

Statement of the affairs of the Richviond and Petersburg Rail Road 



COST OF ROAD AND PROrERTT. 

From Richmond to Petersburg, including interest, 

per stAtcmeut A No. 1, 910,970 04 

Branch Piond to Port Walthall, including purchase 

of land, wharves, coal tracks and cars, 45,539 09 

902,509 13 

Re-construction of Road, 212,453 52 

Land Purchase, 18,946 97 

DEBTS DUE TO THE COMPANY. 

This Company's stock taken for debt, 5,37G 06 

Open Account, 4,243 70 

Bills Receivable , 13,078 84 

22,698 10 

Ciishonhand 3,984 17 



1,220,591 89 



227 



(Jompany, from the commencement of the work to \st Moy^ 1857. 



CAPITAL STOCK. 

Subscribed by individuals, 3,000 shares, 300,000 00 
Converted loan stock, 2,800 " $50, 140,000 00 

440,000 00 

Sul. by the St'e, old st'k, 2,000 " 200,000 00 
" new " 1,856 " 185,G00 00 

\ 385,600 00 

1 825,600 00 

DEBTS DUE BY THE COMPANY. 

Dividend bond to the State, 83,408 00 

Coupcn bonds due 1st July, 1875, 35,000 00 

Coupai bonds due 1st June, 1875, 123,500 00 

Certifitates of debt for dividends, 23,981 09 

Am't t« credit of individual stockholders, 185 04 

24,1G6 13 

Unclaimed interest on certificates of debt, 143 45 

Bills pa;yable, 31,382 24 

Open accounts, , 2,614 86 

2.50,214 68 

Profit andloss, 144,777 21 

1,220,591 89 



Richmond, May \st, 1857. 



J. B. MACMURDO, Treasurer. 



228 



A No. 1. 
Heads of Expenditure for Construction of Road and Purchase of 



Property to \st May, 1857. 



Preliminary surveys, 2,896 87 

Contingent exponses, 2,675 69 

Purchase of Manchester and Petersburg Turnpike 

Stock, 23,841 35 

Engineering expenses, 32,403 99 

Real property in Kichmond, 19,617 24 

Do. at Pocahontas, , 600 00 

Do. at Petersburg, 1,8-76 00 

Land damages, 22,.S02 26 

Graduation, 1G8J73 32 

Superstructure, 111,510 09 

Masonry, 72,223 29 

James River Bridge — Masonry, 49,783 03 

Superstructure, 86,050 15 

i;;5,833 18 

Falling Creek Bridge, 10,889 30 

Swift Creek Bridge, 10,027 79 

Kincsland Creek Bridge, 5,496 42 

Depots and Workshops, 13,106 72 

Richmond Depot, 44,029 05 

Manchester Depot, 3,359 04 

Water Station, 1,181 54 

Pocahontas Depot, 8,011 79 

Locomotive Engines and Cars, 97,508 69 

Omnibus, 1,639 83 

Officers' salaries, 5,717 33 

Repairs of Turnpike, 1,389 97 

Interest on loans, 113,09f 57 

Premium on stg. bills and commission in 

paying loan due in England, 6,8r9 72 119,959 29 

S916,970 04 
Richmond, May \st, 1857. 



J. B. MiCMURDO, Treas'r. 



229 



B. 

Statement of Financial Affairs icithin the ijear ending SOth 
April, 1857. 



RECEIPTS. 

Cash on band SOtli April, 1856, 3,295 36 

Capital Stock— Received this sum, 39,500 00 

Debts due to the Company — Received this sum, 12,035 73 

Transportation — Received this sum, 157,403 97 

DISBURSEMENTS. 

Cost of Road and Property — 

Paid this sum, 6,336 22 

Reconstruction of Road — 

Increased this amount, 20,572 58 

Debts due by the Company — 

Paid off this amount, 5,834 01 

Expenses of Transportation — 

Ordinary, 82,662 88 

Extraordinary, 32,682 02 

115,344 90 

Interest — Paid this sum, 13,433 18 

Dividends — Paid this sum, 46,730 00 

Cash on hand, 30th April, 1857, 3,984 17 



§212,235 06 $ ^212,235 OQ 

Richmond, Mau \st, 1857. 

J. B. MACMURDO, Trcas'r. 



230 



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231 



Statement of Traiuportatlon Expenses from 1st May, 185G, to Ist 
May, 1857. 



ORDINARY. 

Repairs of road, 6,663 88 

Repairs of locomotives, cars, &c., , 17,864 15 

Train expenses, 17,602 48 

Clover llill Transportation expenses, 10,691 08 

Depot expenses, 10,588 35 

Repairs of bridges and watching same, 3,906 94 

Transportation of passengers and baggage in Richmond, 1,979 76 

Officers' salaries, 4,583 34 

Newspapers, printing and postages, , 1,228 69 

Train losses and damages, 352 68 

Contingent expenses and insurance against fire, 1,967 61 

Branch road expenses, 1,221 37 

Repairs of depot, 345 69 

Mail expenses, 1,408 25 

Through travel expenses, 765 42 

Repairs of turnpike, 549 89 

Taxes, 943 SO 

$82,66 2 88 

The extraordinary expenses are as follows: 

Repairs of road, 1,285 00 

New engine, 8,720 45 

New coal cars, 2,5G9 42 

Damages paid Mrs. Purnell, 8,167 15 

Permanent improvement and addition to Richm'd depot, 6,000 00 

Repairs to bridges over James River and Swift Creek, 6,000 00 



$32,682 02 



Richmond, May \st, 1857. 



J B. MACMURDO, Treas'r. 



232 



SUPERINTENDENT'S REPORT. 



SUPERINTENDENT'S OFFICE, 

Richmond & Petersburg R. R. Co., 

RlchmomJ, April ^Oth, 1857. 
Peter V. Daniel, Jr., Esq., 

l-'residcnt : 

Dear Sir, — TJiis being the close of the 
fiscal year, I respectfully submit the following report of the operations 
connected with the department under my direction. Having occu- 
pied the position of Superintendent upon your road but two months, 
this report will be brief and confined to results, and the usual descrip- 
tion in detail of the transactions of the year will not be attempted. 

RECEIPTS, OR EARNINGS. 

From transportation of passengers, 82,418 59 

" express freight and extra baggage, 2,095 84 

" United States mail, 7,759 51 

" transportation of freight, 63,027 38 

<' travel and freight per Norfolk and 

Port Walthall steamer, 2,102 65 



Total receipts, ^157,403 97 

EXPENSES OF WORKING THE ROAD. 

For repairs of road, 6,663 88 

" repairs of engine and cars, 17,864 15 

" train expenses, 17,602 48 

" Clover Hill transportation expenses,*.... 10,091 08 

" depot expenses, 10,588 35 

" repairs of bridges, and watching, 3,906 94 

" transportation of passengers and baggage 

in Richmond, 1,979 76 

"salaries, 4,583 34 

" postage, newspapers and printing, 1,228 69 

" train losses and damages, 352 68 

Carried forward, 75,461 35 

* This does not embrace any charge for repairs of road or bridges, or for 
maintenance of same, or for salariet5 of officers and depot expenses on the 
main stem, a large portion of -which is chargeable to Clover Hill transporta- 
tion expenses. 



233 

Brought forward, 75,461 35 ^57,403 97 

For contingent expense and insurance, 1,907 61 

" branch road expenses, 1,221 37 

" repairs of depots, 345 69 

" mail expenses, 1,408 25 

" through travel expenses, 765 42 

" Petersburg and Manchester Turnpike, ... 549 89 

" taxes, 943 30 

Total ordinary expenses, 82,662 88 

Balance, ^574,741 09 

The receipts, compared with those of the last fiscal year, exhibit 
an increase of $5,456.44; and the ordinary expenses of working the 
road, an increase of $3,949.85, which maybe attributed to the in- 
crease in the cost of fuel, oil and labor. 

The extraordinary expenses during the year, amount to $32,682.02, 
and are as follows : 

One new locomotive engine, $8,720 45 

New coal cars and renewals of coal cars, 2,509 42 

Damages in Mrs. Purnell's case, 8,167 15 

Enlargement of depot buildings, 6,000 00 

Repairs of bridges, 6,000 00 

Extraordinary repairs of road, 1,285 00 

TONNAGE. 

The tonnage has increased 3,029 tons over that of the preceding 
year, and the receipts from tonnage exceed those of last year $1,914. 

The coal transported amounts to 44,836 tons, which is an increase 
of nearly 8,000 tons on the year previous. 

The coal was transported as follows : 

To Richmond, 19,097 tons. 

" Port Walthall, 17,431 " 

" Petersburg, 8,305 " 

The receipts from the transportation of coal amount to $33,740.64, 
being 73 cents per ton, or $1.02y''jj per mile rim. The receipts from 
the transportation of all other freight, exclusive of express freight 
and extra baggage, amount to $29,670.75, being $1.75 per ton, or 
$2.13-j^jj per mile run. 

The freight of all kinds transported during the year amounts to 
61,700 tons, and the number of tons transported one mile is 1,628,808. 

PASSENGERS. 

The number of passengers transported on the road amounts to 
99,896i, which is an increase of 10,976 on the previous year. Of 



234 

these, 44,109 were through passengers, and 55,7852 were local and 
way passengers. The receipts from passenger fare amount to 
684,221.80, or 84^ cents per passenger, or ^2.47 per mile run; and 
the total movement of passengers, or number transported one mile, is 
2,290,318. 

For full statements in detail, relative to the freight and travel, I 
refer you to the acccompanying tables, marked number 1, 2, 3, 4, 5, 
6, 7, 8, 9 and 13. 

THE ROAD. 

The road is in good condition. The track is smooth and even, and 
the ditches, which are so essential to the maintenance of a good track, 
are in excellent order. 

The southern portion of the road will require about 7,000 new 
cross-ties during the present year. Tbe repairs of the road have cost, 
during the past year, $7,948.88, or $317 per mile. 

THE BRIDGES. 

The bridges over Falling and Swift creeks have been examined and 
thoroughly repaired under the direction of my predecessor, and are 
now in good condition. James lliver bridge is undergoing repairs of 
various kinds, with a view to its safety and preservation. These 
repairs will be completed during the present month. Gates have 
been erected at the northern end of the bridge and will also be put tap 
at the southern end, and the use of the bridge by foot passengers will 
be discontinued, as there is good reason to believe that its use in that 
way has materially added to the heavy expense of keeping the roof or 
floor of the bridge in repair. The cost of the repairs of the bridges, 
including watching, amounts to $9,906.94. 

TABLE OF RATES. 

In accordance with the instructions of the Board of Directors, the 
table of rates, which has been in operation since 1853, has been care- 
fully examined and revised, and a printed book of rules and regula- 
tions for the government of the officers, agents and employees of the 
company, designating the duties of each, has been prepared and put 
in operation. 

BUILDINGS. 

The depot building at Richmond has been enlarged and improved 
during the year, and the materials for the enlargement of the machine 
shop, and also for the construction of a new turn-table, have been pro- 
vided. Some slight repairs have been made to the depot at Pocahon- 
tas, and a building for the accommodation of the company's hands 
has been erected at Chester station. I would here take occasion to 
remark, that the passenger cars sustain great injury by exposure to 
the weather at each end of the road, and that in my opinion the into- 



235 

rests of the company would be promoted by the erection of suitable 
car-houses at Richmoiid and Pocahontas. 

The cost of repairs of depots amounts to 16,345.69, including en- 
largement of the depot at Richmond. 

LOCOMOTIVE ENGINES. 

The company now have eleven locomotive engines, eight of which 
may be regarded as being in good running order, the others are in the 
shop undergoing repairs. 

For the cost of the repairs of the engines, the number of miles 
run by each, and for other information, you are referred to tables 
marked number 11, 12 and 13, from which it appears that the entire 
number of miles run is 92,987, and that the total cost of repairs is 
$7,969.80, or about eight and one-half cents per mile. 

ROLLING STOCK, OR CARS. 

There are 6 eight-wheel first class passenger cars, 4 eight-wheel 
second class, and 1 six-wheel passenger car, 3 baggage and mail cars, 
20 eight-wheel box cars, 20 eight-wheel platform cars, 4 four-wheel 
dumping cars, and 108 four-wheel coal cars, together with the neces- 
sary hand, pole and dirt cars for the use of the section masters. Most 
of the passenger cars require extensive repairs and re-painting, and 6 
of the box cars, 3 of the platform cars, and 15 of the coal cars are 
in bad condition and require repairs of various descriptions. 

The cost of the repairs of cars during the past year, including the 
renewal of coal cars, amounts to $8,604.66 — as follows: 

Passenger cars, $2,366 00 

Freight cars, 764 71 

Coal cars, 5,438 19 

Gravel cars, 35 76 

MATERIALS ON HAND. 

The value of the materials on hand, consisting of iron, steel, cast- 
ings, timber, flues, wheels and tyre, for repairs, amounts to about 
$5,000. 

PETERSBURG AND MANCHESTER TURNPIKE ROAD. 

The gates on the company's turnpike road have been thrown open, 
in consequence of its condition, and as it is the subject of a special 
report, it is not embraced in this. 

For a list of the names of the officers, agents and employees of the 
company, and the pay of each, I refer you to statement number 14, 
hereunto annexed. 

All of which is respectfully submitted. 

E. H. GILL, 

Suiiermtendent. 

2 



236 



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3.204 36 
11.896 79 
3,895 63 
5,065 19 
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14.302 30 
10,678 96 
2,486 56 
0.199 70 
4.972 89 
4:422 20 
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193 22 
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6,4.39 81 
5,373 61 
6,913 43 
7,569 18 
7,804 10 
8,897 53 
5,445 55 
7.298 70 
6,529 30 
8,187 71 
7,737 16 
6,025 72 




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691 

314 

1,310 

397 

1,556 

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1,436 

2,85134 

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1,663 

1,599 

2,568 

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5,974 42 
5,744 01 
6.229 75 
6,737 41 
5,022 06 
4,580 91 
4,428 65 
4,392 55 
2,896 78 
6.005 72 
8;S79 32 
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1,495 

1,837 

1,559 

998 

620 

694 

1,479 

'489 

1.257 

1,358 

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3,367 
3,211 
3,628 
3,624 
4.316 
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3.230 
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237 



No. 2.— RICHMOND AND PETERSBURG RAIL ROAD. 

Statement of Local Passcnffcrn hctween Rlchm.ond and Petersburg for the year 

endin;/ April 30, 1857. 

NORTUWARDLY. 



Month. 



1856. 

May 

June 

July 

August 

September 

October 

November. 
December., 

1857. 
January..., 
Februai'y. . 

March 

April 



Totals. 



Way Pas- 
sengers 
set down. 



34 
34 
40 
201 
26 
38 
31 
49 

41 
20 
19 
25 



564 



40 

12 
27 
40 
20 
16 
25 
58 

19 
19 
14 
37 

327 



Way Pas- 
sengers 
taken up. 



^ 



85 
54 
73 
86 
8i 
108 
53 
89 

94 
82 
60 
85 



30 
20 
25 
24 
25 
11 
14 
82 

42 
20 
21 
38 



Petersburg 

to 
Richmond. 



1396J 

1025| 

1373J 

1370 

1319| 

2454J 

1043 

1470 

1108J 
1109' 
1110^ 
1064' 



412 

257 
308 
287 
256 
278 
217 
377 

801 
251 

226 
326 



953 352 15,844^3496 17,361^4175 21,536J 



Total. 



1515i 

1113| 

1492^ 

1657 

1429.? 

2600| 

1127 

1608 

1243 1 
1211 
1189 J 
1174"' 



482 
289 
360 
351 
301 
305 
256 
517 

362 
290 
261 
401 



Grand 
Total. 



1997^ 

1402^ 

1852| 

2008 

1730^ 

2905| 

1383 

2125 

1605i 
1501" 
1450J 
1575' 



SOUTHWARDLY. 



Month. 



1856. 

May 

June 

July 

August 

September 

October 

November, 
December. 

1857. 
January. .. 
February. . 

March 

April 



Totals. 



Way Pas- 
sengers 
set down. 



83 

66 

111 

297 

82 

98 

54 

100 

110 
78 
75 
69 

1223 



39 
14 
43 
33 
34 
21 
14 
38 

54 
26 
19 
47 



382 



Way Pas- 
sengers 
taken up. 



51 
60 
73 
02 
49 
92 
66 
71 

43 
56 
54 
49 



29 
15 
14 
11 
17 
3 
14 
121 

17 
22 
16 
31 



Richmond 

to 
Petersburg. 



1285 
995 
1316 
1113^ 
1430| 
2416 
993 
1641^ 

971 J 
1036 
1037J 
1049.1 



726 310 15,291 2942 17,240 



274 
250 
239 
251 
260 
229 
203 
348 

228 
175 
180 
305 



Total. 



1419 
1121 
1500 
1472i 

1.5671 
2606' 
1113 
1812^, 

1124.! 
1170" 
1106.^ 
11671 



342 

279 
296 
295 
311 
253 
231 
507 

299 
223 
215 
383 



Grand 
Total. 



1761 

1400 

1796 

1767* 

18781 

2859' 

1344 

2319i 

1423* 
1393' 
138U 
1550* 



3634 20,872 



/SMffimary.— Northwardly, 21,536|; Southwardly, 20,872; Total, 42,408^. 

M. W. YARRINGTON, Supt's. Clerk. 



238 



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co" o" cf cf cf r-' ■^'' oo" 

CO O " ■* CI O i-i l~ 
T-l i-l rH rl Cl r-l T-l 



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CO 1^ l^ -"Jl 



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O -^ CO -"tl 
i-i CO CO i-l 



1-1 CI o cq 

C^ O r-. O 

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T-H • O CO O CO o 

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CO -^'cD Co" 



CO TjH 1-1 d lO C» 05 CO 

O I^ O ^ CI ■* O ■— I 
OODOOCOOl-^00 



CI CO CD ^ 
CO I— CJ -Ttl 

CO •* T*- CO 



CO I— CO I^ lO CO CO o 
COCSCOCOl^OOQOO 
CO d d "* -^ CO CI 



lO o CI 1-1 

t-- 1^ 00 CI 

T-l lO Ttl T^ 



1-,-^CO-^OCOCIt^ 

cqcocodcicicod 



CD t^ ■* t-- 
CI >0 1*1 05 
d •* CI I-l 



d lO 1-1 1-1 1- CI I- 



oj : ■— 1 1-H 



u ■' ■ 

rf. t- ^ XJ '-^ 

S 5^ £ S °^ 
;^a. t^-:;'^£-3 S 5'"' 



1-5 pHf^ <^ 



239 



> 

M 

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O 



t»l o o 

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^ ^ 



CO ^ -> 

CO 1-i 4^ 
CO CO t^ 



8 



O CO o 
o nc ^I 

Oi 00 CT 



o 

E 




> 


1856. May 

June 

July 

August 

September.... 

October 

November 

December 

1857. January 

February 

March 


o 

►^ 

a 




o 
to 


co^octoi-'i-'toaic;icooi*. 
tocotoO'::?co— 'Oi— 'Cnooco 
-T cc cr c; ^i o to c to ^i CO c: 


Tobacco, Hhds. 


CO 


05C0tOC0*^*-a^tOf-'C0l-'l-' 

COOi-^ICO*-'— 'CTiOOOOStOO 
tDCOh---IOC5>-^CC-^^ICD-^ 


Empty Liquor 
Barrels. 


o 


to to (o i-i • • : 

CO ci CO en o ~i ^ o» oi : : • 

osootoococ^cooo 

O O C to en OT C Cn GO 


Empty Flour 
Barrels. 




COi^COCOife.CitOi-'-^tOCnO 
O ^I -J CO to O CO CO O 1-1 I-- to 

ioc;co4i.4^*^oi:nioib.ooo 


Cotton Bales. 


to 

p 

CO 

to 


O O to I-" to 

: to to : to CO cc o ^1 CO — 

CO*>. C50C200-ltOCOO 
Oi. 0> lO O JO to O; I*' *>• C5 


Wheat, Bushels. 


00 


to ::::::: en: : 

00O5 0-. 


Corn, Bushels. 


p 
55 

CO 


to 1-1 • to • I-* : i-i 1-' : 

H-io: o. OQo. ocooi. 

coo 1— ' OOCn ^1*1.0 
O O O on O O in CO 


Leather, lbs. 


CO 

to 

CO 


it^-OSCni-' *>.i-itOi-'t0i-ii-» 
cntokf^cncnoococoocn^i 


Domestics, Bales. 


to 
to 

00 

00 

CO 

o 


to to O h-i 1-1 to 

j^ JO --i _i-i p O 4i. CC J-i ^ p p 

"it. Vi "►e^ CO ^1 o i-' to o ~4 Ox c 

COCOCOtOCOOOCOOCOt*>-CO 

cof-^oooi-aoT-^*'Cocn~40 


Iron, lbs. 


to 

'.^ 
00 

Ol 

to 

OT 
Ol 

00 

00 


cotoi-' cr>toi-' i-ii-Jh-iie 

OTi-'HJOOi'^Ci^-^COl-'O 
CO >-' 00 ^1 GO on c; CO tc to _ll^ J-1 
"tOo"cOCnO;04^C0050CDOO 
tf^ i-i *. HJ -O ^1 Ci to ^I O -J CO 

1— 'Cnoitocicn^ic^to^cnco 


Miscellaneous 
Freights, lbs. 

1 


l-» CO 
• CO ; : CO en ; : : ; ; 

: to : : oo co • • • d . . 


Wood, Cords. 


si 

p 

"i 
re 


po 

CO 
CO 


CO lO l-i 

o. . . S" P S'^ P i'^ -^ ■F' 

"to- ^^ '• '■ ~On">*^ 00 co'co C5"o 
4i O OJCnO-UOOO 
O O c04^00000 


Miscellan'us 
Freight, 
lbs. 


to 

cc 

lO 


to 
. . ^ 

to 


Lumber, 
Feet, B. M. 


'-4 


OOcOCOlOl^CO^TCOrsCOCO 
to --1 -- OS 00 4i. :- en C: lO *-. CO 

1— 'OOOnCrO^IOIOC^i-^OOtO 


Tons. 


m 
p 

CO 
00 
00 

o 


J-'J-'J-' I;-' J-iJO|OJO_tO 
"►tk 'fC^ Cn Cl "tt^ — J ^t "t *. 00 ~CO io 

Cn 00 ^1 CO ■— 1 C;i CO o on O O 00 
CO to CO o to ►-^ to o< *- 1— ' CO cn 

00 CO 01 cn C5 CO to hJ on Ox oo on 
i-iOncO>-iOO»-'-'i*^Oi-'OxtO 


Amount. 





240 



No. 4.— RICHMOND AND PETERSBURG RAIL ROAD. 

Statement of Through Passengers fur the year ending April 30th, 1857. 
SOUTHWARDLY. 



Month. 



1856. 

May 

June 

July 

August 

September . 

October 

November.. 
December.. 

1857. 
January .... 
February .. 

March 

April , 



Total. 






278^ 
230 
234 
233 

1,183 
G89?, 
417| 
261 

83.1 

262| 

1,115^ 

158i 



5,146^ 






66.1 
74' 
56J 
145" 
298^- 
807. i 
1971^ 
119' 

251 
164' 
877 
1041 



104* 
117' 
118.] 
1201 
197' 
222J 
140^ 
1891 



2441 
1501 



a.g 



2031 

290 

2731 

2431 

283' 

264^ 

1941 

2101 

19 
169 
395 
2021 



2,435^ 1,661J 2,748^ 4,806 



From Richmond 
to 



Weldon. Gaston 



230 
299 
260 
319 
427 
438 
364 
366 

787 
705 
356 
255 



310 
286 
229 
375 
463 
890 
589 
567 

666 

1179 

644 

892 



6,040 



NORTHWARDLY. 



Month. 



1856. 

May 

June 

July 

August 

September. 

October 

November.. 
December.. 

1857. 
January. ... 
February... 

March 

April 



Total 9,9791 



^1 



787 
6711 
9021 
,7011 
848' 
511 
4521 
568.| 

2161 
,408' 
,107 

8051 



2 a 



180 

216 

244 

327 

1581 

1041 

144' 

45 
271 
470 

209^ 



2,595 



From Weldon 

and 

Gaston to 

Richmond. 



White. Black 



348 
827 
543 
402 

279 
281 
200 
808 

944 

877 
817 
269 



5,095 



118 
164 
142 
93 
81 
104 
228 

241 

228 
209 
120 



1,805 



a-^ 



187 

1531 

169" 

164 

199 

1801 

155| 

143 

171 
381 
219" 
170 



1,796J 



Total number of Through Passengers each direction 44,109 

M. W. YARRINGTON, Supt's. Clerk. 



241 



No. 5. 

KICHMOND AND PETERSBURa RAIL ROAD. 

Statement of the number of Passengers transported on the Road 
during the year ending April 30, 1857. 

SOUTHWARDLY. 

Through Passengers 22,838 

Local Passengers , 20,872 

43,710 

NORTHWARDLY. 

Through Passengers 21,271 

Local Passengers 2 1, 536 ^ 

42,807^ 

Steamboat Passengers via Port Walthall, South- 
wardly 5,762 

Steamboat Passengers via Port Walthall, North- 
wardly 6,719 

12,481 

Passengers between Richmond and Petersburg 

and Clover Hill 896 

Total number of Passengers 99,894J 

Equal to 2,296,318 Passengers transported one mile. 

E. H. GILL, SupH. 



242 



No. 6. 

RICHMOND AND PETERSBURG RAILROAD. 

Statement of Coal transported from Clover Hill during the year 
ending April SO th, 1857. 





H 


H 


H 










o 


o 


o 










^ 




o 










B 

o 
p 


o 




Aggregate 






MONTUS. 


to 

cr 


p 


Number of 


Tons. 


Amount. 




&. 


05 


p 


Bushels- 








Bushels. 


Bushels. 


Bushels. 








1856— May, 


13,265 


5,090 


100,090 


118,445 


3,700 


2,913 15 


June, 


8,400 


10,885 


88,455 


107,740 


3,367 


2,640 49 


July, 


18,230 


9,900 


74,570 


102,760 


3,211 


2,615 46 


August,.... 


47,245 


22,870 


45,965 


116,080 


3,628 


2,615 00 


September 


64,245 


23.825 


27,900 


115,970 


3,624 


2,700 18 


October, ... 


74,335 


28,770 


34,960 


138,065 


4,315 


3,204 89 


November, 


69,500 


31,055 


26,380 


127,535 


3,986 


2,977 34 


December, 


06,085 


26,470 


10,985 


103,540 


3,236 


2,467 40 


1857 — January, .. 
February,. 


52,005 
86,310 


19,755 
52,005 




71,760 
146,670 


2,243 
4,583 


1 744 61 


8,355 


3,494 97 


March, 


58,190 


11,280 


79,410 


148,880 


4,653 


3,296 75 


April, 


53,295 


23,210 


60,790 


137,295 


4,290 


3,070 40 


Total 


611,105 


265,775 


557,860 


1,434,740 


44,836 


$33,740 64 



SUMMARY. 



Transported to Richmond, 611,105 Bushels— 19,097 Tons. 

" Petersburg, 265,775 " 8,305 " 

" Port Walthall, 557,860 " 17,434 " 

Total,- 1,434,740 " 44,836 " 



M. W. YARRINGTON, Supt's. Clerk. 



243 



No 7. 
RICHMOND AND PETERSBURG RAIL ROAD. 

Monthly statement of Freight transported from Clover Hill to Rich- 
mond during the year ending April 30, 1857. 



Month. 


Tobacco, 


Tobacco, 


AVheat, 


Wheat, 


Miscellaneous 
Freight, 


Total 




Eds. 


Lbs. 


Bushels. 


Lbs. 


Lbs. 


Lbs. 


1856— May 


42 


57,057 


666 


39,960 


11,696 


108,718 


June 


43 


G0,220 


276 


16,560 


1,600 


78,380 


July 


39 


53,612 


402 


24,120 


380 


78,112 


August.. 


47 


63,849 


2,170 


130,200 


6,660 


200,709 


Sept'r... 


13 


17,185 


784 


47,040 


636 


64,861 


Oct'r 


4 


5,315 


1,228 


73,710 


2,100 


81,155 


Nov'r.... 


1 


850 


1,772 


106,320 


40,050 


147,220 


Dec'r.... 






5'J4 


35,640 


2,700 


38,340 


1857 — Jan'y 






206 


12,360 


1,400 


13,760 


Feb'y 


14^- 


17,970 


786 


47,160 


2,100 


67,230 


March... 


18 


23,024 


808 


48,480 


3,230 


74,734 


April 


2 


3,189 


448 


26,880 


7,727 


37,796 


Total 


223^ 




10,240 




80,279 


991,010 





Total number of tons, 495^. 

M. W. YARRINGTON, SupCs. Clerk. 



244 



No. 8. 

RICHMOND AND PETERSBURG RAIL ROAD. 

Statement of Tonnage transported to and from Clover Hill, during 
the year ending April 30, 1857. 



From Clover Hill to Richmond. 








Tons. 


Tons. 


Tobacco, 2232 hogsheads, 


151 




Wheat, 10,140 bushels, ... 


304 




Corn, « ... 






Lumber, Feet B. M. . 






Miscellaoeous, 


40 





Total . . . . 

From Richmond to Clover Hill. 

Miscellaneous Freight, consisting of Groceries, Corn, 
Dry Goods, Castings, Meal, Furniture, Guano, &c. 

Total . . . , 

From Clover Hill to Petersburg. 

Tobacco, 4 hogsheads, . ' . 

Wheat, 2,567 bushels, . . . . 

Lumber feet 

Total 

From Petersburg to Clover Hill. 

Miscellaneous Freight, consisting of Groceries, Guano, 
&c., &c. ..... 

Total 

From Port Walthall to Clover Hill 
Hay, Powder, Oil, Corn, &c., &c. 

Total 

Total Tonnage exclusive of Coal, 



495 



870 



3 

77 



870 



80 



100 



140 i 



100 



140i 



l,685i 
E. H. GILL, Supt. 



245 



No. 9. 

RICHMOND AND PETERSBURG RAIL ROAD. 

Monthly statement of the amounts collected on the Passenger trains 
for the transportation of Extra Baggage and Express Freight, 
during the year ending, April 30, 1857. 



Month. 



Extra Baggage. 



1856— May 20 85 

June 19 50 

July 27 05 

August 23 15 

September 26 25 

October 28 25 

November 36 00 

December 37 25 

1857— January 18 00 

February 20 00 

March 25 00 

April 21 50 

Total $302 80 



Express Freight, 
Adams & Co. 

156 78 

147 17 
112 90 
122 95 
161 03 
183 11 
156 26 

145 56 
143 12 

146 96 
168 22 

148 98 



Total. 

177 63 

166 67 
139 95 
146 10 
187 28 
211 36 

192 26 
182 81 
161 12 
166 96 

193 22 
170 48 



,793 14 $2,095 84 



J. M. PARKER, 

General Freight and Ticket Agent. 



246 



8 

cs 



5=s 



I-- 

00 



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fel 



s^ ^ 



2 


a^ 




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s 




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s 














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g 


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S 



^ 






•nna 
saiiOT JO jsqmnn {b^ox 



oieco.— (O'-icoc^icDcol'- 
oaoeoco-^eoc^'-Hi— ic-ico 

CO O 00 O CO O l^ t^ (M t~ TtH 



00 CO ^ C3 00 ' 



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<»Ot^O0C1^00OOTti(>1 

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C-J O Tti ^ O O O 

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•^ 00 uO t-l 1— I 00 



•SIIIB.IJ 



Cl CI O t~ C^l C-l C-5 •>* 00 -* O 
03 i-H -* i-l TJt Ci t^ Cq 






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l^ 00 r- O rjH O 00 
r-l CJ OO lO C^ 00 -^ 






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r-li-l.-li-(rHCqi-lC<lC<li-lC-l 


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ns 



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247 



No. 11. 

RICHMOND AND PETERSBURG RAIL ROAD. 

Statement of miles run hy trains of all Icinds during the year 
ending April 30, 1857. 







>\1 




o 


p 

a 
•s 


O 

P 
< 


3 


o 

ct- 
P 




Oq 


s^ 


■^ 


p 


P^ 


H 


-5 








■-s 


■ >-i 


H 


3 


H 


P 


9 






Months. 


s. 

S" 


p 
o 


2. 
5' 

m 






s. 

5" 


P 

CO 


:3 










cr 
















1856— May 


2,510 


814 


1075 


3,115 


520 




66 


8,100 


June 


2,584 


685 


675 


2,517 


215 


s 


60 


7,036 


July 


2,992 


771 


51^ 


2,467 


270 


6 


69, 


7,674 


August 


3,148 
3,183 


616 
639 


550 
224 


2,-521 
2,607 


219 
32 


7 
95 IC 


60 
31 


7,809 


September 


7,811 


October 


2,929 


1,034 
1,386 
1,430 


66 


3,000 


358 


502 C 


n 


8,500 


November , 


2,280 
3,046 




2,940 
2,504 


474 

207 


755 5 
465 ^ 


25 
63 


8,360 


December 


8,115 


1857 — .Tanuary 


2,446 


770 


44 


1,744 


^0 


1 


76 


5,200 
8,374 
8,050 
7,958 


February 


2,888 


726 


98 


3,419 


3?4 


9 


19 


March 


3,139 
2,962 


682 
880 


111 

88 


3,161 
2,802 


250 
160 


7 
202 8 


07 
64 


April 




Total 


34,102 


10,433 


3443 


32,797 


3049 


2019 71 


44 


92 987 













SUMMARY. 



Miles with Passenger Trains, 

" Passenger and Freight Trains 

" Freight Trains, 

" Coal Trains, 

" Material Trains, 

«' Gravel Trains, 

" Wood Trains, 



34,102 
10,4.33 
3,443 
32,797 
3,049 
2,019 
7,144 



92,987 
M. W. YARRINGTON, Supt's. Clerk* 



248 



Statement, No. 13. 



Business of the Richmond and Petershurg Rail Road during the 
year ending April 30, 1857. 



TONNAGE. 

Coal transported, in tons, . . . . " 44,836 

Tobacco transported, in hogsheads, . . . 10,(J33§ 

Cotton transported, in bales, .... 4,513 

Express freight, in tons, .... 338 

Total amount of freight of all kinds, in tons, . . 60,789 J 

Number of tons transported one mile, . . . 1,628,808 

Miles run by freight engines,* . . . 13,876 

Miles run by coal engines, .... 32,797 

Receipts per mile run by freight trains, in cents, . ^13 y^^ 

Receipts per mile run by coal trains, in cents, . . l^^y^ 



PASSENGER TRAVEL. 

"Whole number of through passengers, 

Whole number of local and steamboat passengers, 

Total number of passengers transported. 

Passengers transported one mile. 

Miles run by passenger engines. 

Receipts per mile run by passenger trains, in cents, 

RECEIPTS OF ROAD. 



From freight on coal, 

" miscellaneous freight, 

" express freight and extra baggage 

Total from freight, 
" Passenger travel, 
" Transportation United States Mail, 

Total from Passenger and IJ. S. Mail, 





44,109 


5ers, 


55,785i- 




99,894^ 




2,296,318 




34,102 


sents, 


246/, 


33,656 07 




29,670 75 




2,095 84 






65,422 66 


84,221 80 




7,759 51 





$01,981 31 
E. H. GILL, Siipt. 



* This includes 10,433 miles run by passenger and freight trains connected. 



249 



No. 14. 



lAst of Officers, Agents and Employees upon the Richmond and Pe- 
tersburg Rail Road, and the pay of each, April 30, 1857. 



Peter V. Daniel, Jr., President, . . per annum, $1,500 00 

Richard Barton Haxall, 
Charles Ellis, 

Charles. S. Mills, M. D. \ Directors. 
Francis E. Rives, I 

Roscoe B. Heath, j 

J. B. Macmurdo, Treasurer, . . per annum, 1,500 00 

Edward H. Gill, Superintendent, . . 2,000 00 

J. N. Parker, General Freight and Ticket Agent, 800 00 

D. K. Mustin, Freight Clerk, ... 600 00 

M. W. Yarrington, Superintendent's Clerk, . 750 00 

Richard Furt, Freight and Ticket Agent at Petersburg, 800 00 

W. H. Marshall, Freight Clerk, ... 600 00 

A. R. Smith, Agent Clover Hill, . . .720 00 

R. E. Morris, Assistant, . . . . 480 00 

Thomas Bass, Agent Port Walthall, . . .500 00 

H. P. Stratton, Conductor, . . per month, 55 00 

W. R. Daniel '' ..." 55 00 

R. E. Mitchell, Baggage Master, . . " 40 00 

W. L. Yager, " " " . . . " 40 00 

. Gibson, Omnibus Manager, . . " 50 00 

Bland, Yard Master, , . . " 50 00 

. Alley, Engine Runner, . . . " 75 00 

. Curtis, " <' ..." 70 00 

. Harrison, " " . . . « 70 00 

Wm. Hardman, " " . . . '« 70 00 

W. D. Jester, '^ " . . . « 70 00 

Wm. Jewett, u u _ _ u (57 qo 

Joseph Mittendorf, Car Inspector, . . per day, 1 75 

2 Assistants, one at SI 25 and one at SI 00. 
Depot and Bridge Watchmen, average of 81 12 per day. 

A. Philips, Road Master, . . .per month, 75 00 
James Lang, Section Master, . . . " 45 00 

B. Cummings, " " . . . " 45 00 
A. J. Boyer, Foreman of Bridge Carpenters, . per day, 2 25 

8 Bridge Carpenters, at 81 50 per day, 
10 Free Firemen and Train hands ; average price per day, 1 00 
J. S. Druel, Master Machinist, " 2 75 

6 Machinists, . . . a a « 1 g4 

2 Apprentices, . . . u « « 1 00 

W. Burgess, Master Blacksmith, « 2 75 



w 


R 


p. 


B. 


M. 


R. 


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W 


W 


E 



260 

2 Blacksmiths, . . . average price per day, 1 71 

J. R. Chiles, Master Carpenter, . " 2 75 

7 Carpenters . . huh i 65 

Henry Place, Painter, . . . . " 2 25 
L. H. Tctty, Toll-gatherer Petersburg and Manchester 

Turnpike Pioad, ... per month, 41 66 

SLAVES. 

At Richmond depot and office, . . 13 

" " Omnibus and wagon drivers, . 5 

" " In shops, ... 7 

" Petersburg depot, ... 6 
" Port W althall, Clover Hill and other Stations, 13 

As Firemen and Train hands, . . 9 

As Section men on repairs of road, . . 12 

Total, .... 65 

E. H. GILL, Supt. 



- PROCEEDINGS 

OF THE 

STOCKHOLDEES 

IN THE 

RICHMOND AND PETERSBURG 

RA.I1L, EOA.ID COMPANY, 

AT 

THEIR GENERAL MEETING, 

AND 

REPORTS 

MADE BY THE PRESIDENT, DIRECTORS AND SUPERINTENDENT, 

TO THE 

STOCKHOLDERS, 

TWENTY-THIRD MEETING, JUNE 1, 1858. 



RICHMOND: 

CnAS. H. WYNNE, PRINTER. 

1858. 



TWENTY-THIRD 

MNUAL MEETING OF THE STOCKHOLDERS, 

Held on Tuesday, June 1, 1858. 



At a meeting of Stockholders of the Richmond and Petersburg 
Rail Road Company, held at the office of the Company in Richmond, 
on Tuesday, June, 1, 1858 : 

"Wm. F. Watson, Esq., was appointed Chairman of the meeting, 
and J. B. Macmurdo, Secretary. 

The Chairman appointed Col. Samuel T. Bayly, R. B. Heath, Esq., 
and B. W. Haxall, Esq., a committee to examine proxies. 

The Committee reported that they had examined the proxies, and 
found them to correspond with the list thereof, which report was 
approved. 

There being present, in person and by proxy, private stockholders 
entitled to 1,196 votes, and the proxy of the Board of Public Works, 
Wm. F. Watson, Esq., entitled to 730 votes, being two-thirds of the 
votes of private stockholders; in all 1,926, (the whole number that 
could be given being 3,444 ;) the meeting proceeded to business. 

Whereupon the President presented to the meeting the Annual Re- 
port of the Board of Directors, with its accompanying documents, 
which were read, and on motion were received and approved. 

The Committee appointed at the last annual meeting to examine 
the Road and also the Books and Accounts, presented their report, 
which, on motion, was received and approved. 

The Committee appointed at the last annual meeting to report at 
this meeting the action they would recommend in relation to the 



254 

Manchester and Petersburg Turnpike, and the Pochahontas Bridge, 

presented their report, which, on motion, was received and approved. 
The meeting then proceeded to the election of officers : 
Whereupon, Mr. Peter V. Daniel, Jr., was unanimously elected 

President of the Company, and Messrs. Richard Barton Haxall, Chas. 

Ellis, and Dr. Chas. S. Mills were unanimously elected Directors on 

behalf of the Stockholders. 

Messrs. Francis E. Hives and Roscoe B. Heath were announced to 
have been appointed Directors on behalf of the State. 

Messrs. Wirt Robinson, B. W. Haxall, Levin S. Joynes, William 
Rutherfoord and Samuel T. Bayly, were appointed the Committee of 
Examination. 

On motion. Resolved, That the President take such measures in re- 
gard to publishing the Report of the President and Directors, and the 
proceedings of this meeting, as he may deem expedient. 

The meeting then adjourned. 

WM. F. WATSON, Chairman. 
J. B. Macmurdo, Secretary. 



ANNUAL REPORT. 



The Board of Directors respectfully submit to the Stockholders 
this, their twenty-third Annual Report, together with the accompany- 
ing reports and statements from the executive officers of the Company, 
exhibiting the business operations of the Company during the year 
ending on the 30th of April, 1858, and the condition of its affairs 
and property at that date. 

These statements show that the income of the Company during the 
past year amounted to $156,908.03, and its ordinary current ex- 
penses to S71,727.79, or rather less than 45f per cent, of the income. 

In addition to this income from the ordinary current 
business of the year, there has been received from 
cash on hand, April 30th, 1857, - - 8,984.17 

Debts paid to the Company, - - - 12,624.29 

Deposits and loans, .... 1,800.00 

From coupon bonds, sold to defray the cost of re-con- 
struction and additions to the real estate, buildings 
and other permanent property of the Company, 8,742.50 

Which, added to the ordinary income of - - 156,908.03 



Made the aggregate receipts from all sources during 
the year, ..... $184,058.99 

Applicable to the following disbursements : 

Ordinary current expenses, ... 71,727.79 

Negro hire due last year, but unclaimed till this, 2,200.00 
Extraordinary expenses, being additions to the Rolling 

Stock of Company, and James river bridge, - 7,487.87 
In completing re-construction of road and large turn- 
table, &c., 5,694.74 

In buildings at Richmond, Pocahontas, and Chester, 5,800.00 



Amount carried forward, - - 92,910 40 



256 

Amount brought forward, - - 92,910.40 

In reducing bills payable account, ... 20,671.39 

Interest on funded debts, &c., ... 13,747.07 

In dividends, 48,705.00 

$176,033.86 
Lea-ving a balance unexpended of 8,025.13 

$184,058.99 
Consisting of cash on hand, April 30tb, 1858, $7,788.15 
Uiicollected transportation dues, 236.98 

$8,025.13 

The apparent and ascertained income from the current business of 
the year is less than that of the preceding year by $495.94, which, 
however, is more than covered by an unsettled account against the 
Clover Hill Company. 

Prior to the commercial and pecuniary embarrassments and distress, 
which overwhelmed the country early last autumn, and the prostra- 
tion and stagnation of business, with its consequent suspension of 
travelling, perhaps unprecedented since the existence of this Com- 
pany, its receipts, especially from its passenger business, largely ex- 
ceeded its experience during corresponding months of any preceding 
year. That it has been able, notwithstanding this protracted period 
of depression in business and travel, to maintain its income for the 
year to an amount equal that of the preceding year of prosperity and 
general activity, is a source of gratification and encouragement, which 
is enhanced by the consideration that this has been done, although 
from the mildness of the winter, and from a serious diaster to the 
Clover Hill mines, (now nearly repaired,) the receipts from coal 
transportation were very considerably reduced, and by the discontinu- 
ance of the Port Walthall line of steamboats, the travel over that 
branch of this road amounting the preceding year to 12,481 passen- 
gers, was (except 886 passengers conveyed before the discontinuance 
of the line in May last,) cut off. The expense of passenger trains to 
Port Walthall, was, however, at the same time discontinued. 

This travel, with probably very large additions to it, will soon be 
restored to this road, to pass over its ivhole length, by the completion 
in a few months of the Norfolk and Petersburg Railroad, afi'ording 
the quickest and easiest transit between those two cities. 

But a source of greater gratification is found in the fact, that a re- 
duction of the current working expenses of the road, amounting for 
the past year to $10,935.09, has been effected chiefly through the 
agency of our excellent Superintendent, whose untiring zeal, energy, 
thorough .system and efficiency, cannot be too strongly commended. 
Nor has this been accomplished by any neglect or omission of any ex- 
penditure required for the best preservation of the property, or the 
most judicious management of the business of the Company. On 



25T 

the contrary, it may safely be said, that every portion of the Com- 
pany's property was never in more complete or perfect order and con- 
dition, nor was its business ever more promptly, systematically and 
efficiently conducted, and that in both respects a comparison with any 
other road in the country would only reflect credit on the superin- 
tendency of this. 

And in accordance with this wise economy, substantial neat and 
commodious buildings have been erected in Richmond, Pocahontas, 
and Chester, afi"ording to the cars and engines of the Company, as 
well as to passengers, protection from the weather, which has never 
been before enjoyed. These and the other expenditures embraced in 
the item of ^7,487.87 of " Extraordinary Expenses," and consisting 
of additions to the cars and machinery of the Company will, it is be- 
lieved, materially enure to the saving of expense in future repairs. 
The present condition of the Company's road, structures, equipage, 
and other property, is fully and truly presented in the Superintend- 
ent's report, and will also be doubtless described by the Examining 
Committee. And in this connection, it is gratifying to be able to 
testify to the fidelity, zeal and efficiency of the agents and employees 
of the Company under the immediate direction of the Superintendent. 

The punctuality, urbanity of manners and superior business quali- 
fications of our worthy Treasurer, assiduously devoted to the service 
of the Company, are too long and too well known in this community 
to need commendation; but it is sheer justice to say, that the ac- 
counts, books and papers under his charge, as well as those in charge 
of the Superintendent's clerk, (who in some measure, under the sys- 
tem now in operation, fulfills the office of auditor and assistant trea- 
surer, keeping duplicates of nearly every book and account kept in 
the Treasurer's office,) have been kept in a manner in the highest 
degree creditable to themselves, and satisfactory to the Directory. 

The subject of Through Tickets, in which this Company is or may 
be connected with others, and of the rates of fare received on them 
by this Company, has for some time occupied the earnest attention of 
its Directory and executive officers. 

Under a strong conviction, which experience only confirmed, that 
the proportions of fare received by the several companies south of 
Washington from the aggregate prices of these through tickets, were 
inadequate, unjust and oppressive, as compared with the proportions 
received by the companies north of Washington, whose passenger 
business, so many times exceeding that of the Southern companies, 
render low rates of fare on their roads both politic and economical ; 
and conscious that this disproportion bore with peculiar hardship and 
injustice on this Company, whose short and expensively constructed 
road, and expensive omnibus and baggage arrangements for the 
acccommodation of this through travel, made a discrimination in its 
favor, in the apportionment of through ticket fares, eminently just 
and proper, this Company, in conjunction with the two other Virginia 
Companies between Washington and Weldon, invited a conference 



258 

of all the Companies interested between New York and Charleston, 
to consider the subject of increasing and re-apportioning among them- 
selves the rates of fare on through tickets between those cities, as well 
as of increasing the comfort and facilities of travelers, by improving 
and extending the system of through tickets and through checks for 
baggage. 

After a number of such conferences, held during the last four 
months, arrangements have been made, which will give to the South- 
ern roads rates of fare much more just and remunerative than those 
heretofore received ; and other measures are in the course of negotia- 
tion and settlement, which it is believed will greatly improve the 
comfort of travelers, and the attractiveness and value of this main 
Atlantic route for through travel. 

"With these and other advantages, in part before referred to, there 
is reason to anticipate for the current fiscal year, results, which will 
continue to indicate, more than those of preceding years, the steady 
advance in success and prosperity of the business and affairs of this 
Company. 

Respectfully submitted in behalf of the Board of Directors. 

P. V. DANIEL, Jun'r, 

President. 
June 1st, 1858. 



260 

A 

Statement of the affairs of the Richmond and Petersburg Rail Road 

COST OF ROAD AND PROPERTY. 

From Riclimond to Petersburg, including interest, 

per statement A No. 1, 922,770 04 

Branch Road to Port Walthall, including purchase 

of land, wharves, coal tracks, and cars, 45,539 09 

968,309 13 

■Re-construction of Road, 218,148 26 

Land Purchase, 18,954 33 

DEBTS DDE TO THE COMPANY, 

This Company's stock taken for debt, 5,376 06 

Open Account, 4,697 75 

10,073 81 

Cash on hand, 7,788 15 



1,223,273 68 



261 



Company, from the commencement of the work to \st May, 1858. 



CAPITAL STOCK. 

Subscribed by individuals, 3,000 shares, 300,000 00 
Converted loan stock, 2,980 " $50, 149,000 00 

449,000 00 

Sub. by the St'e, old st'k, 2,000 " 200,000 00 
" " new " 1,856 " 185,600 00 

885,600 00 

834,600 00 

DEBTS DUE BY THE COMPANY. 

Dividend bond to the State, 33,408 00 

Coupon bonds due July 1st, 1875, 26,000 00 

Coupon bonds due June 1st, 1875, 133,000 00 

Certificates of debt for dividends, 23,981 09 

Am't to credit of individual stockholders, 185 04 

24,166 13 

Unclaimed interest on certificates of debt, 570 08 

Bills payable, 10,710 85 

Open Accounts, '. 3,001 11 

230,856 17 

Profitand loss, 157,817 51 

1,223,273 68 

J. B. MACMURDO, Treasurer. 
Richmond, May 1, 1858. 



262 



A No. 1. 

Heads of Expenditure for Construction of Road and Purchase of 
Property to 1st May, 1858. 

Preliminary surveys, 2,896 87 

Contingent expenses 2,675 69 

Purcliase of Manchester and Petersburg Turnpike 

Stock, 23,841 35 

Engineering expenses, 32,403 99 

Real Property in Richmond, 21,917 24 

" in Pocahontas, 3,200 00 

" in Petersburg, 1,876 00 

" in Chester, 900 00 

Land damages, 22,802 26 

Graduation, 168,373 32 

Superstructure, 111,510 09 

Masonry, ^ 72,223 29 

James River Bridge — Masonry, 49,783 03 

Superstructure, 86,050 15 

135,833 18 

Falling Creek Bridge, 10,889 30 

Swift Creek Bridge, 10,027 79 

Kingsland Creek Bridge, 5,496 42 

Depots and Work Shops, 13,106 72 

Richmond Depot, 44,029 05 

Manchester Depot, 3,359 04 

Water Station, 1,181 54 

Pocahontas Depot, 8,011 79 

Locomotive Engines and Cars, 97,508 69 

Omnibus, 1,639 83 

Ofl&cers' salaries, 5,717 33 

Repairs of Turnpike, 1,389 97 

Interest on loans 113,099 57 

Premium on stg. bills and commission in 

paying loan due in England, 6,859 72 119,959 29 

^922,770 04 

Richmond, May Is/, 1858. 

J. B. MACMURDO, Treas'r. 



263 



B. 



Statement of Financial Affairs within the year ending Z^th 
April, 1858. 



Cash on hand April 30, 1857, 3,984 17 

Capital Stock — Received this sum, 9,000 00 

Debts due to the Company — Received this sum, 12,624 29 

Transportation — Received this sum, 156,908 03 

DISBURSEMENTS. 

Cost of Road and Property — 

Increased this sum, 5,800 00 

Reconstruction of Road — 

Increased this sum, 5,694 74 

Land Purchase — Increased this sum, 7 36 

Debts due by the Company — 

paid off this sum, 19,358 51 

Expenses of Transportation — 

Ordinary, 73,927 79 

Extraordinary, 7,487 87 

81,415 66 

Interest — Paid this sum, 13,747 07 

Dividends — Paid this sum, 48,705 00 

Cash on hand, April 30, 1858, 7,788 15 



^182,516 49 $182,516 49 

Richmond, May 1, 1858. 

J. B. MACMURDO, Treas'r. 



264 



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265 



Statement of Transportation Expenses from \st May, 1857, to \st 

May, 1858. 

ORDINARY. 

Repairs of road, 5,534 63 

Repairs of bridges and watching, , 1,151 00 

Repairs of depots and water stations, 581 GO 

Repairs of locomotive engines and tenders,.. 7,404 95 

Repairs of passenger, mail and baggage cars, 2,300 00 

Repairs of freight cars and flats, 700 00 

Repairs of coal cars, 2,069 83 

Repairs of shop tools and machinery, 505 28 

Oil and tallow, 1,011 12 

Cotton waste, 577 20 

Wood, 5,422 25 

Train expenses, 9,495 47 

Depot expenses, 11,615 85 

Postage, stationery and printing, 497 19 

Salaries, 5,750 02 

Insurance on buildings, 1,738 50 

Taxes, 876 30 

Cattle killed by trains, 71 00 

Lost and damaged goods, and baggage, 234 05 

Miscellaneous expenses, 598 63 

Through travel expenses, 1,350 00 

Omnibus expenses, 2,301 83 

Manchester and Petersburg Turnpike, 317 42 

Clover Hill transportation expenses, 11,415 33 

Mail expenses, 408 34 



$73,927 79 



EXTRAORDINARY. 

New passenger mail and baggage cars, 1,176 44 

New freight cars and flats, 430 44 

New coal cars, 3,040 99 

New machinery for shops, 40 00 

Repairs of bridges, 1,300 00 

Repairs of passenger, mail and baggage cars, 1,500 00 

7,487 87 

$81,415 66 

J. B. MACMURDO, Treasurer. 
Richmond, May 1st, 1858. 



266 



E. 

Comparative Statement of the Business of the Richmond and Peters- 
burg Railroad Company, tJie year ending BOth April^ 1857, loith 
the year ending BOth April, 1858. 





1857. 


1858. 


In 1858. 




Dec'cof Dr. 

and 
Inc'e of Cr. 


Inc'e of Dr. 

and 
Dec'eofCr. 


Cash 


3,984 17 

9,619 76 
13,078 34 

916,970 04 

45,539 09 

212,453 52 

18,946 97 


7,788 15 
10,073 81 




3,803 98 
454 05 


Debts due to the Com- 
pany on stock and 




Bills receivable, 


13,078 34 




Cost of road and pro- 


922,770 04 

45,539 09 

218,148 26 

18,954 33 


5,800 00 


Cost of branch road and 








5,694 74 


L&nd purchase, 




7 36 




9,000 00 






$1,220,591 89 


$1,223,273 68 




Capital stock, 


825,600 00 

33,408 00 

24,166 13 

2,758 31 

35,000 00 

123,500 00 

31,382 24 

144,777 21 


834,600 00 

33,408 00 

24,166 13 

3,571 19 

26,000 00 

133,000 00 

10,710 85 

157,817 51 




Dividends due to the 
State, 




Certificates of debt for 
dividends, 






Open accounts due by 
the Company, 


812 88 




Coupon bonds due July 
1, 1875, 


9,000 00 


Coupon bonds due June 
1, 1875, 


9,500 00 




Bills payable, 


20,671 39 




13,040 30 








$1,220,591 89 


$1,223,273 68 


$45,431 52 


$45,431 52 



J. B. MACMURDO, Treasurer. 



Richmond, May 1st, 1858. 



SUPERINTENDENT'S REPORT. 



SUPERINTENDENT'S OFFICE, 

Richmond & Petersburg R. R. Co., 

Richmond, April 30, 1858. 

Peter V. Daniel, Jr., Esq., 

President : 

Dear Sir, — This being the close of the fiscal 
year, the following report of the operations of the department under 
my direction is respectfully submitted : 

RECEIPTS, OR EARNINGS. 

From transportation of passengers, . 80,399 64 

" extra baugage and express freight, 3,143 30 

« United States mail, . . . 7,378 80 

" transportation of freight, . . 62,225 97 
" travel and freight per Norfolk and 

Port Walthall steamer, . . 121 94 

" miscellaneous sources, . • 3,638 38 

Total receipts or earnings, 

EXPENSES OP "WORKING THE ROAD. 

For repairs of road, 

" repairs of bridges and watching, 

" repairs of depots and water stations, 

" repairs of locomotive engines and 
tenders, .... 

" repairs of passenger, mail and bag- 
gage cars, .... 

" repairs of freight cars and flats, 

" repairs of coal cars, 

" repairs of shop tools and machinery, 

" oil, grease, and tallow, 

'^ cotton waste, 

" wood, ..... 

" train expenses, including the pay 
of conductors, baggage-masters, 
engineers, firemen and brakemen, 

Amounts carried forward, . 836,753 33 ^156,908 03 





$156,908 03 


:e road 




5,534 


63 


1,151 


00 


581 


60 


7,404 95 


2,300 00 


700 


00 


2,069 


83 


505 


28 


1,011 


12 


577 


20 


6,422 


25 


9,495 47 



11,615 


85 


497 


19 


5,750 


02 


1,738 


50 


876 30 


71 


00 


, 234 


05 


508 


63 


2,301 


83 


317 42 


11,415 


33 


408 


34 


1,350 


00 



268 

Amounts brought forward, . . $36,758 38 $156,908 08 
For depot expenses, including pay of 
depot agents, hands and watchmen, 
and stationery and printing for depots. 
For postage, stationery and printing, 

" salaries of oflficers, 

" insurance on buildings, &c., 

" taxes, ..... 

" cattle killed by trains, 

" lost and damaged goods and lost baggage, 

" miscellaneous expenses, 

" omnibus expenses, .... 

'^ Richmond and Manchester turnpike 

road, ..... 

" Clover Hill transportation expenses, 

" Mail expenses, .... 

" through travel expenses, 

73,927 79 
Deduct for negro hire chargeable to last 
fiscal year, but not paid then, as bonds 
were not presented, . . . 2,200 00 

Total ordinary expenses, .... 71,727 79 

Balance, or net receipts, . . $85,180 24 
or 54J per cent, of the receipts. The cost per mile run being eighty- 
five cents. 

The extraordinary expenses during the year amount to $7,487 87, 
and are as follows : 

For new passenger, mail, and baggage cars, 
" new freight cars and flats, 
" new coal cars, 
" new machinery for shops, 
" renewal of passenger cars, 
'' extraordinary repairs of James river 

bridge commenced last year, . 1,300 00 

The receipts compared with those of the last fiscal year exhibit a 
decrease of $495 94, and the ordinary expenses of working the road 
a decrease of $10,935 09. The decrease in the receipts is to be at- 
tributed in part to the withdrawal of the Port Walthall boat in May last, 
but more particularly to the financial embarrassments which pervaded 
the country last autumn — these causes combined have diminished the 
income of the Company during the past year at least ten thousand 
dollars. The Norfolk and Petersburg Railroad, the completion of 
which is but a few months distant, it is believed, will more than com- 



, 1,176 44 


430 44 


. 3,040 


99 


40 


00 


. 1,500 


00 



269 

pensate by the additional travel it will bring to the road, for the loss 
sustained by the withdrawal of the Port Walthall boat. 

TONNAGE. 

The tonnage, exclusive of coal, express freight, and extra baggage, 
amounts to 14,906 tons, being a decrease of 1,744 tons, and the re- 
ceipts from this tonnage are $4,892 62 less than last year. 

The coal transported amounts to 49,022 tons, which is an increase 
of 4,186 tons on the preceding year, which would have been increased 
to at least 7,000 tons, had it not been for an accident by fire at one of 
the coal pits in March last. The coal was transported as follows : 

To Richmond, .... 17,127 tons 

" Port Walthall, . . . 23,121 " 

" Petersburg, .... 8,774 " 

The receipts from the transportation of coal amount to 834,815 54, 
being 71 cents per ton, or $1.08 per mile run. The receipts from 
the transportation of all other freight, exclusive of express freight 
and extra baggage, amount to $24,267.13, being $1.62 per ton, or 
$2.56 per mile run. 

The freight of all kinds transported during the year amounts 
to 63,841 tons, and the number of tons transported one mile is 
1,673,769. 

PASSENGERS. 

The number of passengers transported amounts to 83,355; of 
these, 38,673 were through, and 44,682 were local and way passen- 
gers, of which 6,554 were carried on the accommodation, 757 on the 
Clover Hill, and 886 on the Port Walthall train. The receipts from 
passenger fare amount to $80,521 58 cents, or 96 cents per passen- 
ger, and the total movement of passengers or number transported one 
mile is 1,772,052. The receipts from passenger fare exhibit a falling 
off of $3,700.22. 

The receipts per mile run from passengers by the mail and express 
trains are $2.45, and by the accommodation train 76 cents. 

EXPRESS FREIGHT AND EXTRA BAGGAGE. 

The receipts from express freight and extra baggage amount to 
$3,143.30, which is an increase of $1,047.46. 

For full statements in detail, relative to the freight and travel, I 
refer you to the accompanying talDles, marked No. 1, 2, 3, 4, 5, 6, 7, 
8, 9, and 12. 

THE ROAD. 

The road is in excellent condition ; last autumn all the ditches 
were thoroughly cleaned out, and many of them deepened. A new 
turn-table has been put in at Richmond, also one at Port Walthall, 
and a long turnout of heavy iron at Chester. The old superstructure 
of the tracts in the shop yard at Richmond, which was laid with 



270 

strap iron, has been taken up, and tracks of T iron substituted. 
About 1,500 new cross ties have been laid during the year. The 
repairs of the road have cost $5,534.63, or $221 per mile, and in- 
cluding the ordinary repairs of bridges, $267.42 per mile. 

BRIDQES. 

The bridges are now in good condition ; the repairs of the James 
River bridge, which were commenced last year, were completed in 
June. The cost of the repairs of the bridges (including $1,300 of 
extraordinary repairs) amounts to $2,451. 

BUILDINGS. 

The buildings are all in a good state of preservation. For the pro- 
tection of the idle passenger cars at Richmond, a shed 150 by 36 
feet has been erected, and an engine-house 54 by 24 feet, together 
with other sheds in the shop-yard at that place, and for the accommo- 
dation of passengers and the preservation of the cars, a shed 240 by 
45 feet, with a sheet-iron roof, has been put up at Pocahontas. A 
wood-shelter and a pump-house have been erected at Chester, and 
a stationary engine put up for the purpose of sawing wood and pump- 
ing water for the trains, which will diminish the expenses about $700 
per annum. The cost of the repairs of depots and water stations 
amounts to $581.60, and the new buildings, including the stationary 
engine at Chester, cost $5,800. 

LOCOMOTIVE ENGINES. 

The locomotive engines are all in good running order ; there are 
eleven in number, the cost of repairs of which during the year 
amounts to $6,000, or 7j\7 cents per mile run. For the cost of re- 
pairs, the number of miles run, and the quantity of wood and oil 
used by each, you are referred to tables marked Nos. 10 and 11. 

ROLLING STOCK OR CARS. 

The cars are all in good condition ; there are 6 first class and 5 
second class passenger cars, 3 baggage and mail cars, 20 box cars, 
22 flats, 2 stock cars, 9 seventy-five bushel, 4 eighty bushel, 71 one 
hundred bushel, and 42 one hundred and twenty-five bushel coal cars 
— making 126 coal cars; 4 gravel cars, and 4 pole, and 2 crank cars. 
The passenger cars have all been thoroughly overhauled and re-painted, 
and put in excellent condition, and 1 baggage and mail car, 2 
flats, and 18 one hundred and twenty-five bushel cars have been 
built in the Company's shops during the year. The cost of the re- 
pairs of cars amounts to $5,009.83 — and the cost .of new cars and 
renewal of cars is $6,147.87. 

One four horse, and one two horse omnibus have been purchased. 



271 



OMNIBUSES. 

and one of the old ones lias been rebuilt during the year, and one 
pair of horses purchased. The baggage and mail wagons have all 
been overhauled, painted, and put in good order, and an omnibus 
shelter erected. 

There are now three omnibuses, five baggage and mail wagons, 
four street wagons, two carts, and fifteen horses, the joint property of 
this and the llichmond, Fredericksburg and Potomac Kailroad Com- 
pany. Our proportion of the omnibus expenses during the past year 
is $2,301.83 at Richmond. 

MATERIALS ON HAND. 

The value of the materials on hand, consisting of iron, steel, cast- 
ings, lumber, wood, oil, waste, &c., amounts to $6,705, for an inven- 
tory of which I refer you to table marked No. 14. 

In order to diminish the expenses as much as possible, a system of 
rigid economy and accountability has been introduced in the different 
departments of the road, and the services of such agents and em- 
ployees as could be spared, without detriment to the interests of the 
Company, have been from time to time dispensed with, and a reduc- 
tion of about $5,000 per annum in the expenses of the Company 
effected. 

ACCIDENTS RESULTING IN THE LOSS OF LIFE. 

On the 4th of November, W. R. Coates, who was employed as a 
fireman on the coal train, in attempting to jump on the train while in 
motion, slipped, and got his legs between the wheels and the car, and 
received an injury which caused his death on the following night. 

On the 21st of March, John Maberry, a colored fireman, while 
aiding in shifting the train at Pocahontas, by carelessness on his part, 
was run over and killed by one of the cars. 

In closing this report, it affords me pleasure to be able to state, 
that the different officers, agents and employees in the service of the 
Company, have performed their respective duties with zeal and 
fidelity, and in a manner highly satisfactory to me and creditable to 
themselves. 

For a list of the names of the officers, agents and employees of 
the Company, and the pay of each, I refer you to statement No. 13, 
hereunto annexed. 

All which is respectfully submitted. 

E. H. GILL, 

Superintendent. 



H'' 




K^ 


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15,415 75 
14,136 33 
14,559 86 
14,076 37 
14.8.54 71 
14,190 92 
10,034 36 
10,434 34 
9,386 99 
12.395 66 
12,814 21 
14,008 53 


Its 

5» 


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1 1 1 1 1 1 1 1 1 1 1 n 

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i 


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179 90 
204 44 
203 76 
229 00 
373 16 
186 94 
224 52 
313 05 
247 52 
242 92 
359 55 
•-S18 54 


o 


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612 50 
612 50 
641 30 
612 50 
612 50 
612 50 
612 50 
012 50 
612 50 
012 50 
012 50 
612 50 


CO 
00 
CO 


•9JTJJ J0SU9SSB<I 


o 
•to 


7,564 95 
6,350 79 
6,802 65 
7,232 51 
8,670 90 
8,079 85 
4,717 78 
5,603 24 
5,510 16 
7,429 31 
0,622 17 
5,931 27 


IN 

o 


JO .loqiuuu [i;;ox 




t-OCDeOCOt'OOI^r-icCai 

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CO 


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2,300 
1,900 
1,931 
1,847 
1,764 
2,470 
1.028 
1,509 
1,481 
2,018 
1,273 
1,387 




•sjaguassi3c[ 


o 

03 


2,381 
1,6.54 
1,700 
1,090 
2,035 
2,.S98 
1,259 
1,551 
1,457 
2,027 
1,299 
1,408 


CI 

rH 
C<1 


'SjaSaassBj iiSnojqx 


3 


dOlClt^CO-^OC-ICOiOOrH 
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7,058 40 
6,962 60 
6,852 15 
6,002 36 
5,198 15 
6,311 63 
5,079 50 
3,905 55 
3,016 81 
4,110 93 
5,219 99 
3,507 84 


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LOSJCl-fOOOlOCOXJINCO 
0-i*ffliCt-01C-IOi-'C005 

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IN 

O 

oT 


Month. 




t~ CO 

CO CO 
I-l rH 


"3 
1 



'^ 



i>5 



t-coooeo 
oi u:j cjo t^ CO 

CO t- rH t- I^ 

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r-l rH rH rH rH 



I I I I I 



•* 03 CO CO 

CO O CO CO 

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c:5 CO uO t- 
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c:5 CO uO CD 1 
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CO o t- c^ c 



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44.836 
30,857 
45,430 
53,478 
52,100 




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00 00 00 OO CO 



273 



No. 2.— RICHMOND AND PETERSBURG RAIL ROAD, 

Statement of Local Passengers betiveen Richmond and Petersburg for the year 

ending April 30, 1858. 

NORTHWARDLY. 





Way 


Pas- 


Way 


Pas- 


Petersburg 










sen 


sers 


sengers 


to 




Total. 






set down. 


takeu up. 


Richmond. 






Grand 


Month. 


















Total. 




m 




M 




XD 




o5 








CO 


^ 




^ 




^ 




^ 


























A 


cS 


A 


cS 


^ 


c3 


jq 


eS 






^ 


M 


^ 


« 


^ 


P 


^ 


M 




1857. May, 


39 


36 


100 


46 


1,802 


283 


1,941 


365 


2,306 


June, 


52 


36 


106 


75 


1,226 


405 


1,384 


516 


1,900 


July, 


58 


23 


143 


38 


1,354 


315 


1,555 


376 


1,931 


August, 


50 


37 


106 


37 


1,289 


328 


1,445 


402 


1,847 


Sept'r, 


36 


32 


107 


35 


1,267 


287 


1,410 


354 


1,764 


October, 


39 


15 


92 


30 


2,058 


236 


2,189 


281 


2,470 


Nov'r, 


18 


15 


56 


27 


807 


105 


881 


147 


1,028 


Dec'r, 


28 


59 


88 


75 


998 


261 


1,114 


395 


1,509 


1858. Jan'y, 


20 


13 


115 


46 


1,069 


218 


1,204 


277 


1,481 


Eeb'y, 


18 


12 


84 


22 


2,340 


142 


2,442 


176 


2,618 


March, 


29 


12 


99 


31 


925 


177 


1,058 


220 


1,273 


April, 


24 


16 


107 


39 


1,009 


192 


1,140 


247 


1,387 


Total, 


411 


306 


1203 


501 


16,144 


2949 


17,758 


3756 


21,514 



SOUTHWARDLY. 





Way 


Pas- 


Way 


Pas- 


Richmond. 










sen 


sers 


sengers 


to 




Total. 






set down. 


taken up. 


Petersburg 






Grand 


Months. 


















Total. 




^ 




tc 




m 














•^■, 




^ 


<o 


r^ 


QJ 


^ 


























A 




-q 




.ja 


e3 


^ 


C3 






^ 


M 


^ 


M 


^ 


n 


^ 


P 




1857. May, 


108 


75 


87 


26 


1,762 


323 


1,957 


424 


2,381 


June, 


103 


47 


62 


19 


1,156 


267 


1,321 


333 


1,654 


July, 


140 


58 


79 


17 


1,204 


262 


1,423 


337 


1,760 


August, 


119 


36 


124 


43 


1,091 


288 


1,334 


362 


1,696 


Sept'r, 


84 


26 


101 


49 


1,378 


397 


1,563 


472 


2,035 


October, 


99 


21 


59 


17 


1,963 


239 


2,121 


277 


2,398 


Nov'r, 


61 


31 


55 


20 


921 


171 


1,037 


ooo 


1,259 


Dec'r, 


64 


89 


74 


27 


995 


302 


1,133 


418 


1,551 


1858. Jan'y, 


92 


67 


77 


26 


984 


211 


1,153 


304 


1,457 


Feb'y, 


82 


36 


53 


12 


2,295 


149 


2,430 


197 


2,627 


March, 


81 


24 


77 


30 


923 


164 


1.081 


218 


1,299 


April, 


108 


43 


76 


22 


968 


196 


1,147 


261 


1,408 


Total, 


1136 


553 


924 


308 


15,640 


2964 


17,700 


3825 


21,525 



/S^TOmaz-y.— Northwardly, 21,514; Southwardly, 21,525; Total, 43,039. 

M. W. YARRINGTON, Suit's. Clerk. 



274 





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■<**t^COOGOCJrHOi-ICO-<*vO 
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00 
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275 



£■ *Tl 



t^ 0" p" 



bicker 



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CO 



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h*>. o o 

CO ><i. 00 



^ S ^ £. S f^ S 



OSCOtOtsOI-Ji-'l-'COO*-!-'!-' 

l-'t0 5DOOt-5t*».^]>-'COl— 'I-* 
I— 'CSCD to to CnCXl^JlOOl^lIsS 



to CO to rf>. M bO fcO bO 

oi-'if^oobo^ioooicn 

CO Oi to >*»•>—' 05 1:0 gp --1 



_03 p»jb._CO_CTi_pl_pO to 

i-'"co i-'"o"bi"o5'co">i:».'o *>• : 

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>^ QT CO 00 00 00 O InQ o o 



COfcOCOtO tOl-' h-'l-'OitO 

I— 'Oi^Jl— 'COl— 'CnOOCO-JCOOS 
00 QlOOOxCni— '><^^-'tPO-~lCO 



H-" -J h-i to o to tJ^ to ■ 

OCOtOCOCOO^ll— '00. 
^I to O 05 00 l-« 00 o to 



Tobacco, Hhds. 



Empty Liquor 
Barrels. 



Empty Flour 
Barrels. 



Cotton, Bales. 



Wheat, Bushels. 



Corn, Bushels. 



CO CO • 

o *» ; 

o yx 



CO h-l 

Vx \ l-l h-i *.. to CD to 

OS '-'tO^Q^Cn^^OS^lbO^^ 

'►-' I "c)">-'^"w~C;ilsD~0 en to CO ~J to 

Ol ^lOCOOtOOOOOOOi-'Mi.Oih*^ 

I-* I 00O~4OCTC0Cn0J0DOOCil 



Leather, lbs. 



Domestics, Bales. 



Iron, lbs. 



OO^It-OtOCOOl^lH-'OOOlOO 
CO^]*.COC3l*^*..COl— 'O4»-00 
CO O CO ^lOOCO^JOOCOrf^l-'l-' 



tocoh-'oicoosoi-'eocn 

OOO^lOOit-'OtOO 
OOOOTOOOOCnO I 



Miscellaneous 
Freight, lbs. 



Wood, Cords. 



Miscellan'us 
Freight, 
lbs. 



CO H-i h-" CO CO 0> t-" 

05 ~J M l-ij-i plj^I_^I_*>.j-qjyx 

^1 ^1 C5 • I— ' CO CI o to O ^^ 1— ' 

CO rfi. ^ . en Oi CO CO CD O 05 to 

COO<Cr« C7iOc0 004^tt^COO 



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Ob0O0005OOC»03CnC0CD 
Cn*«.^I>*i-000~)cO^]>*>-000 
rf>.rfi.tOC5l-'O5OTht^00--J00CH 

ooo^iotoocototooicoco 
-q M c;! CO o tc to to l^^ t-o o *► 



Lumber, 
Feet. 



Tons. 



Amount. 



276 



No. 4.— RICHMOND AND PETERSBURG RAIL ROAD. 

Statement of Through Passengers for the rjear ending April ZOth, 1858. 
SOUTHWARDLY. 



Month. 




.2 

si 


p _s 


o 

a 2 

Em ^ 


From Richmond 
to 

Weldon & Gaston. 






Whites. 


Blacks. 


e3 

■s 


1857. 
May 


282 
241 
302^ 
82U 
1,2G7" 
926 
476J 
400J 

240.V 
199| 
G52" 
314 


64 J 
54' 
\2U 
2231 
366" 
210| 
162i 
181 

133,^ 
167" 
302i. 
123" 


106 
Ibh 
68j 
67" 

203^ 

183 

118 

116^ 

115* 
99' 

105 
91 


139* 

192| 

188* 

182" 

305 

318 

200 

262 

217^- 
203 
219 
228 


263 
312 
265 
376 
560 
382 
312 
252 

276 
246 
319 
182 


343 
291 
305 
341 

593 

288 
281 
178 

292 
282 
481 
394 


1,198 
1 166 


June 


July 


1 ''SS 


August 


2,011 
3,294* 
2,307* 
1,550" 
1 390 


Sep'r 


Oct'r 

Nov'r 

Dec'r 


1858. 

Jan'y 

Peb'y 


1,275 
1,196^ 
2,078J 
1,332 


March..., 

April 




Total 


6,123 


2,113J 


1,848^ 


2,655 


8,745 


4,069 


20,054 



NORTHWARDLY. 



Month. 



Bo' 

I a 



a « 

° 3 



From Weldon 

and Gaston 
to Richmond. 



Whites. Blacks 



al 



1857. 

May.... 

June 

July 

August 

September. 

October 

November.. 
December.. 

1858. 
January.... 
February... 

March 

April 

Total 



656 

573* 

639* 

786" 

759* 

428* 

312" 

433 

643* 
954" 
1,369 
846* 



207 

194* 

218" 

319 

542* 

243" 

188* 

220* 

280 
178 
346* 
254' 



278 
429 
615 
508 
382 
253 
146 
211 

211 

242 
219 
290 



126 

167 

218 

195 

201 

50 

31 

41 

74 

94 

158 

83 



185J 

155* 

169" 

149 

253 

149* 

103" 

157 

140 
117 
148 
148 



1,452^ 
1,519^ 
1,859| 
1,957 
2,138 
1,124 
780§ 
1,092J 

(1,248J 
1,685 
2,240* 
1,621| 



8,301 



3,191^ 



8,814 



1,438 



1,874^ 



18,619 



Total number of Through Passengers, each direction, 38,673. 

M. W. YARRINGTON, SupVs. Clerk. 



277 



No. 5. 

RICHMOND AND PETERSBURa RAIL ROAD. 

Statement of the number of Passengers transported on the Road 
during the year ending April 30<A, 1858. 

SOUTHWARDLY- 

Through Passengers 20,054 

Local Passengers 21,525 

41,579 

NORTHWARDLY. 

Through Passengers 18,619 

Local Passengers 21,514 

40,133 

Steamboat Passengers via Port Walthall, South- 
wardly 478 

Steamboat Passengers via Port Walthall, North- 
wardly 408 

886 

Passengers between Richmond and Petersburg 
and Clover Hill 757 

Total number of Passengers 83,855 

Equal to 1,772,052 Passengers transported one mile. 

E. H. GILL, Supt. 



278 



No. 6. 

RICHMOND AND PETERSBURG RAIL ROAD. 

Statement of Coal transported from Clover Hill during the year 
ending April 30^^, 1858. 



Month. 


•73 
O ^ 


SI 


"3 

O CO 

H 


1 o5 

S '3 


a 
o 


o 

< 


1857. May 


19,530 
20,955 
63,295 
47,615 
50,550 
76,955 
78,500 
51,035 
26,830 
42,045 
50,910 
19,835 


16,145 
14,820 
25,180 

36,755 
31,420 
34,310 
37,395 

9,305 
17,455 
24,235 

5,995 


114,660 
106,910 
63,275 
78,035 
55,085 
44,255 
27,750 
34,085 
37,485 
52,985 
71,495 
63,935 


150,235 
142,685 
151,750 
153,395 
142,390 
152,630 
140,560 
122,515 

73,620 
112,485 
146,640 

79,765 


4,696 

4,459 

4,742 

4,794 

4,450 

4,770 

4,392^ 

3,828J 

2,300i 

3,515' 

4,582^ 

2,493" 


3,142 71 


June 


2,995 52 


July 


3,414 42 


August 

September. 

October 

November.. 

December .. 

1858. January.... 

February... 

March 

April 


3,375 33 
3,192 44 
3,515 92 
3,289 47 
2,798 96 
1,629 81 
2,503 56 
3,247 94 
1,709 46 


Total 


548,055 


280,760 


739,855 


1,568,670 


49,022 


$34,815 54 







SUMMARY. 

Transported to Richmond 548,055 Bushels — 17,127 Tons. 

" Petersburg 280,760 " 8,774 " 

" Port Walthall 739,855 " 23,121 " 

Total 1,568,670 " 49,022 " 



M. W. YARRINGTON, SupVs. Clerk. 



279 



No. 7. 

RICHMOND AND PETERSBURG RAIL ROAD. 

Monthly statement of Freight transported from Clover Hill to Eicli- 
mond during the year ending April 30, 1858. 



Month. 


m 

S 
a 
a 
eS 

o 
Eh 


03 

o 
o 

o 
H 


"a 

to 

3 


CO 

o 

-a 


on to 

o " 

o - 

II 

.2Ph 


to 

O 

H 


1857— May 


48 
23 
28 
13 

1 


70,142 

34,500 

42,000 

7,800 

1,500 


78 


6,960 


77,420 
1,911 
2,600 
1,094 
600 
1,210 
2,140 
1,350 
1,150 
5,058 
2,150 

31,695 


154,522 
36,411 
55,400 

236,654 
24 780 


June 


July...., 

Aug'st 

Sept'r 


180 
8,796 
378 
200 
1,006 
128 
496 
984 
258 


10,800 
227,760 
22.680 
12,000 
60,300 
7,680 
29,160 
47,700 
15,660 


Oct'r 


13,210 
62 500 


Nov'r 






Dec'r 


3 
4 


3,800 
4,200 


12 830 


1858— Jan'y 

Feb'y 

March 

April 


34,510 
52 758 


12 

39 


17,900 
47,100 


35,710 
78,795 








Total 


164 


228,942 


7,504 


440,760 


128,378 


798,080 



Total number of tons, 399. 

M. W. YARRINGTON, Supt's. Clerk, 



280 



No. 8. 



RICHMOND AND PETERSBURG RAIL ROAD. 

Statement of Tonnage transported to and from Clover Hill, during 
the year ending April 30, 1858. 

From Clover Hill to Richmond. 

Tons. Tons. 
Tobacco, 164 hogsheads, .... 114| 
Wheat, 7,504 bushels, .... 220f 

Miscellaneous Freight, . . . . 63f 



Total .... 399 

From Richmond to Clover Hill. 

Miscellaneous Freight, consisting of Groceries, Corn, 
Dry Goods, Castings, Furniture, Guano, &c. . 703 J 

Total , . . . 703 J 

From Clover Hill to Petersburg. 
Tobacco, 3 Hogshead, . . . .2} 

Total .... 2} 

From Petersburg to Clover Hill. 

Miscellaneous Freight, consisting of Groceries, 

Guano, &c. ..... 118 



Total . . . . 118 

From Port Walthall to Clover Hill. 

Hay, Powder, Oil, Corn, &c., &c., &c. . . 179* 

Total . . . . 179 J 



Total Tonnage exclusive of Coal, l,402i 

E. H. GILL, Supt. 



281 



No. 9. 

RICHMOND AND PETERSBURG RAIL ROAD, 

Monthly statement of the amounts collected on the Passenger trains 
for the transportation of Extra Baggage and Express Freight, 
during the year ending, April 30, 1858. 



Month. 



Extra Baggage. 



1857-May 29 25 

June 28 00 

July 52 75 

August 21 25 

September .50 50 

October 67 50 

November 21 50 

December 35 45 

1858.— January 40 00 

February 32 75 

March 50 50 

April 32 25 

Total $461 70 



Express Freight, 
Adams & Co. 

150 65 
176 44 
211 01 

207 75 
322 66 
119 44 
203 02 

277 60 
207 52 
210 17 
309 05 
286 29 



$2,681 60 



Total, 

179 90 
204 44 
263 76 
229 00 
373 16 
186 94 
224 52 
313 05 
247 52 
242 92 
359 55 
318 54 

^,143 30 



J. M. PARKER, 

General Freight and Ticket Agent. 



"s. 



•^^ 



•« 00 
« 00 



a^; 



"^^ 



'^ 






"^^ 



w 


Yard Engine in good order. 
Coal Train Engine in good order. 

Pa.ss'ger & Fr'ght Engine in good order. 
M.aterial Train " " " 
Pass'ger & Freight " " " 
Ptissenger Train " " " 






■una 
senui ooo'x ipL'3 oj 
posn i!0 pu'5 PooAV 
JO puc 'sjrodsa JO 4«oo 


1 1 1 1 1 1 1 1 1 1 1 






•mil sapui 
ooo'x 0} pasn no 
JO suoiiu'o JO aaquinfi 


1 1 1 1 1 1 1 1 1 1 1 


■iH- 
00 




•pasn no JO SU0UB9 




8 

CO 




•un.i sepiu 
ooo'x oj pasn pooA\ 
JO spjOQ JO .iaqtun>i 


1 1 1 1 1 1 1 1 1 1 1 


CO" 




•pesn pooAV Jo spjoo 


t^O0OO>riO«<£10 
C0i«iO<MCq(MC0Or1 


CO 
CO 




•unj saiuu ooo'l 
oj sjredaa Jo ;soo 


1 1 1 1 1 1 1 1 t 1 1 






•sjredea JO ^soq 


400 00 
400 00 
1,000 00 
1,300 00 
800 00 
850 00 
300 00 
504 95 
850 00 
500 00 
500 00 






•nni S9ittu 
jo jaquinn ibjox 


2,132 

1,603 

5,748 

11,145 

10,193 

6,812 

8,720 

5,970 

13,137 

13,644 

4,829 


CO 
§ 
CO 
CO 




•snre.tx p!iieji!i\i pnc 


2,132 
1,003 

124 

165 

7,810 

45 


C3i 




•suuux 
P300 miAv uiij sapivi 


5,748 

11,021 

10,193 

204 

289 

4,365 

201 


OJ 

03 




m]i^ nn.i sa]ii\[ 


O CO ^ o c-i .^ 
1 1 1 1 1 S S c^oco 


CO 




■sureix 
jaSnessuj puB 
■jitSp.:^ qjLU un.i sai!i\[ 


CO O CC Ol o 

1 1 1 1 1 o 1 coSKo 


Ol 




•sureix -isSnes 
-BBa qjtAv nnj sapj^i 


5,275 
508 

1,180 
10,010 
10.190 

3,399 


1 




\ •saqoui 
ui ©Jiojjg jo qjSueT 


SSSSSS?S§§Sc!! 




•saqoui UI 
japnttj^O jo jajauicjo; 






•J88J ni 
sj8Atjf[ JO .lep'unnri 


-+ -t :: :: -f -t -c "O lA t* »A 




•sjaAUd JO jaquinM | c>-f---t-f-f*-*^Tj. 




1 -puoa 
atU no paoB[d uai(AV 


Cf x :^ 1- X -M Ol CO -+ -*< »~ 

CO CO -r -f -I- >-o lO u^ ini o »rs 
oc ^y cc y: cc y. ^ooooooco 




BUILDEE. 


E. Bury, - 
Bolton & Hicks, 
SI. W. Baldwin, 

Burr & Ettinger, 
.1. R. Anderson, 
M. W. Baldwin, 
R. & P. R. R. Co. 
U.Wells, - - 




1 

b 

o 

< 


Shcjipard, - 
Phienix, - 
.1. H. Cox, - 
Black Diamond, 
Pocahontas, 
Chesterfield, 
Henrico, - 
Clover Hill, 
M. W. Baldwin, 
Mazeppa, - 
T. Dodamead, - 




1 


1 







s-s 

t« o 
o o 



^>» 





>! 




.c 






03 


e 


3 




"H 


sc 


o 


rt 


^ 


r, 


y. 


a. 












=> 












o 


— 


'» 








t_ 




^' 








s 


' 


o 




c 


o 




















Hc;0 



283 



No. 11. 

RICHMOND AND PETERSBURG RAILROAD. 

Statement of miles run hy trains of all hinds during the year 
ending April Z^th, 1858. 



Month. 


a 
'3 

u 

EH 

u 

a 


u 

i 


a 
*3 
H 

1 

s 

u 


a 
■3 

u 




a 
■3 

u 

H 

"3 


H 
*© 




a 
■§ 

H 





Total. 


1857— May 

June 

July 


2,867 
2,442 
2,644 
2,442 
2,358 
2,752 
2,442 
2,508 
2,508 
2,556 
2,619 
2,430 


858 
660 
814 
704 
528 
792 
660 
594 
594 
550 
616 
552 


317 
616 
308 
242 

""15 
"*45 


3,129 
2,777 
3,110 
2,956 
2,788 
3,015 
2,957 
2,546 
1,672 
2,398 
3,088 
1,585 


310 
300 
425 
320 
410 
653 
250 
310 
453 
402 
375 
375 


"378 
669 
725 
416 
489 

"257 
110 


642 

"in 

120 

97 

120 

338 
808 
395 
594 
518 
469 


8,123 
6,795 
7,850 


August 

September... 

October 

November... 
December ... 

1858 — January 

February.... 

March 

April 


7,453 
6,906 
7,763 
7,116 
6,766 
6,622 
6,545 
7,473 
5,521 




30,568 


7,922 


1,543 


32,021 


4,583 


3,024 


4,272 


83,933 



SUMMARY. 



Miles with Passenger Trains, 

'* Passenger and Freight Trains, 

" Freight Trains, 

" Coal Trains, 

" Material Trains, 

" Gravel Trains, 

" Wood Trains, 



30,568 
7,922 
1,543 

32,021 
4,583 
3,024 
4,272 



83,933 



284 



No. 12. 



Business of the Richmond and Petersburg Railroad during the 
year ending April 30i7t, 1858. 



TONNAGE. 

Coal transported in tons, .... 49,022 

Tobacco transported, in hogsheads, . . . 9,202 

Cotton transported, in bales, .... 2,896 

Express freight, in tons, .... 417 

Total amount of freight of all kinds, in tons, . 63,4241- 

Number of tons transported one mile, . . 1,673,769 

Miles run by freight engines,* . . . 9,465 

Miles run by coal engines, .... 32,021 

Receipts per mile run by freight trains, in cents, . 256 

Receipts per mile run by coal trains, in cents, . 108 

PASSENGER TRAVEL. 

Whole number of through passengers, . . 38,673 

Whole number of local and steamboat passengers, . 44,682 

Total number of passengers transported, . . 83,355 

Passengers transported one mile, . . . 1,772,052 

Miles run by passenger engines, . . . 30,568 

Receipts per mile run by passenger trains, in cents,f . 209 



RECEIPTS OF ROAD. 

From freight on coal, . . 34,815 54 

" miscellaneous freight, . . 27,410 43 

" express freight and extra baggage, 3,143 30 

Total from freight, . . ^65,369 27 

" Passenger travel, . . 80,521 58 

" transportation United States Mail, 7,378 80 

Total from passenger and U. S. Mail, $87,900 38 



* This includes 7,922 miles run by passenger and freight trains connected. 

•{• This includes the mileage of freight and passenger trains when combined, 
the receipts per mile run from passengers by mail and express passenger 
trains, are $2 45, and by accommodation train, 76 cents. 



285 



No. 13. 

List of Officers, Agents and Employees upon the Richmond and Pe- 
tersburg Railroad, and the pay of each, April 80<A, 1858. 



per annum, 12,000 00 



Peter V. Daniel, Jr., President, 

Richard Barton Haxall, ^ 

Charles Ellis, 

Charles S. Mills, M. D. )► Directors. 

Francis E. Rives, 

Roscoe B. Heath, 

James B. Macmurdo, Treasurer, . per annum, 

Edward H. Gill, Superintendent, 

J. N. Parker, General Freight and Ticket Agent, 

W. H. Stith, Freight Clerk, 

M. W. Yarrington, Superintendent's Clerk, 

Richard Furt, Fr't and Ticket Agent at Petersburg, 

B. W. Davies, Freight Clerk, . 

A. R. Smith, Agent Clover Hill, 

R. E. Morris, Assistant, 

A. W. Williams, Agent Chester and Engineer of 
Stationary Engine, . . . . " 

T. W. McCrary, Conductor, . . per month, 

W. R. Daniel, " 

R. E. Mitchell, Baggage Master, 

W. L. Yager, " " 

W. R. Gibson, Omnibus Manager, 

W. D. Jester, Yard Master, 

G. W. Curtis, Engine Runner, 

W. E. Harrison, " 

Wm. Hardman, " 

Wm. Jewett, " 

Joseph Mittendof, Car Inspector, . per day, 

1 Assistant, . . . . . " 

Depot and Bridge Watchmen, average of $1 12 per day. 

John Mackin, Section Master, . . per month, 

B. Cummings, " " . . " 
8 Free Firemen and Train hands, average price per day, 



Samuel Peters, Master Machinist, 
1 Machinist, .... 
3 Apprentices, average price per day, 
John Whitlock, Master Blacksmith, 
1 Blacksmith, .... 
T. V. Strange, Master Carpenter and Road 
Master, . • . 



per month, 
per day, 

per month, 
per day, 



1,750 00 

2,000 00 

1,000 00 

600 00 

1,000 00 

800 00 

300 00 

720 00 

400 00 

400 00 
55 00 
55 00 
40 00 
40 00 
50 00 
70 00 
70 00 
70 00 
70 00 
70 00 
1 75 
1 00 

45 00 
45 00 

1 00 
83 33 

1 75 

84 

65 00 

1 75 



per month, 75 00 



286 



2 Carpenters, average price per day, 
J. W. Sanders, Bridge Carpenter, 
William Butler, Painter, 



per day, 

a 



n 55 

1 50 
1 66i 



SLAVES. 



At Kichmond Depot and Ofi&ce, . . 12 

" " Omnibus and wagon drivers, 5 

" " In shops, (six of them mechanics,) 11 

" Petersburg Depot, ... 5 

" Clover Hill and other stations, . . 7 

As Fireman and Train hands, . . 4 

As Section men on repairs of Road, . 13 

On Material and Gravel Train, . . 6 

63 

Amounting to about $41,000 per annum, including board and 
clothing of slaves. 



'2S1 



No. 14. 
Statement of Materials on hand, April 30, 1858. 



Iron and steel, ...... $515 


Castings and sundries. 








620 


Copper flues and smoke-stacks. 








440 


Tire, 








700 


Wheels and axles, 








600 


Lumber, . 








670 


1,000 cords of wood, 








1,500 


400 cross-ties, 








160 


Oil and cotton-waste. 








300 


Rail Road iron. 








1,200 


Sum total, ... 


S6,705 



PROCEEDINGS 

OF THE 

STOCKHOLDERS 

IN THE 

|iic|nionb ^ |!dcrskrg ^. ^, €a„ 

AT 

THEIR GENERAL MEETING, 

AND 

UEPOETS 

MADE BY THE PRESIDENT, DIRECTORS AND SUPERINTENDENT, 



TO THE 



STOCKHOLDERS, 

TWENTY-FOURTH MEETING, MAY 31, 1859. 



RICHMOND: 

H. K. ELLYSON'S STEAM POWER PRESSES, 147 MAIN STREET. 
1859. 



T W E N T Y-F U R T H 

ANNUAL MEETING OF THE STOCKHOLDERS, 

Held on Tuesday, Mat 31, 1859. 



At a meeting of the Stockholders of the Richmoad and 
Petersburg Railroad Company, held at the office of the 
company in Richmond, on Tuesday, the 31st day of May, 
1859, 

James H. Cox, Esq., was called to the Chair, and James 
B. Macmurdo was appointed Secretary. 

The Chairman appointed Messrs. Gustavus A. Myers, 
Charles Ellis and Wm. F. Watson, a committee to examine 
proxies. 

The committee reported that they had examined the 
proxies, and found them to agree with the list made out by 
the Treasurer, and laid before them, which report was re- 
ceived and approved. 

There being present, in person and by proxy, private 
stockholders entitled to 1,401 votes, and the proxy of the 
Board of Public Works, Wm. F. Watson, Esq., entitled to 
934 votes, being equal to two-thirds of the votes of private 
stockholders ; making together 2,335 votes, (the whole num- 
ber of votes that could be given being 3,507 ;) the meeting 
proceeded to business. 

Whereupon the President of the company presented to 
the meeting the annual report of the Board of Directors, 
with its accompanying documents, which were read, and on 
motion were received and approved. 



292 

The following report of the committee of examiaation was 
laid before the meeting and read, and on motion was re- 
ceived and approved : 

The committee of examination appointed at the last meeting of the stock- 
holders have to report that they have examined the road from lUchmond to 
Petersburg, and the branch to Port Walthall, and they find it in excellent 
order ; and in smoothness of surface and lineal adjustment, they believe 
unsurpassed by any road in the State. They have carefully inspected the 
bridges over Swift Creek and Falling Creek, and some improvements to 
these' two important structures occurred to them, to which they called the 
attention of the President and Superintendent for their consideration. The 
bridge across James river has also been carefully examined, and it will be 
satisfactory to the stockholders to know that this most important work on 
the line of the road is as firm, and in all respects, in as good condition as it 
was on the day of its completion. The work-shops, depots and machiner}', 
appear to be in good order, and well and economically arranged ; and we 
were informed by the Superintendent that every locomotive on the road was 
in perfect running order. 

A portion of the committee have examined the books of the company in 
a general way, and report them to be accurately and neatly kept, and the 
system of checks and balances adopted by the directory very effective, and 
well calculated to prevent errors. 

Respectfully submitted, 

WIRT ROBINSON. 

Richmond, May 30th, 1859. 

The committee appointed at a former meeting of the stock- 
holders, to whom was referred the subject of the Manchester 
and Petersburg Turnpike, and report what action it would 
be best to take in regard to it, made through their Chair- 
man an oral report, recommending the adoption of the fol- 
lowing resolution, which was adopted by the meeting : 

Resdved, That the directory of this company are hereby aulhorized and 
instructed, with or without previous negotiation and conference with the 
county court of Chesterfield, as they may deem necessary and expedient, to 
endeavor to procure the enactment by the next State Legislature of a law, au- 
thorizing the transfer of this company's interest in the Manchester and Pe- 
tersburg Turnpike to the county of Chesterfield, upon such terms as to 
price, and upon such conditions, tw in the opinion of the directory shall best 



293 

protect this company from any diversion of travel or freight from its rail- 
road, by any mode of conveyance over the route of the said turnpike ; and 
that, in the meantime, the directory be authorized to resume the collection of 
tolls on the turnpike so soon as they may deem it best to do so. 

A resolution to change the end of the fiscal year from the 
30tli of April to the 31st of March of each year hereafter 
was offered and adopted by the meeting. 

Messrs. Wirt Robinson, B. W. Haxall, Levin S. Joynes, 
Wm. W. Harvie and Samuel T. Bayly, were appointed the 
committee of examination. 

The meeting then proceeded to the election of officers : 

Whereupon, Peter V. Daniel, Jr., Esq., was unanimously 
elected President of the company, and Messrs. Richard Bar- 
ton Haxall, Charles Ellis and Dr. Charles S. Mills, were 
unanimously elected Directors on behalf of the stockholers. 

Messrs. Francis E. Rives and Roscoe B. Heath were an- 
nounced to have been appointed Directors on behalf of the 
State. 

On motion, 

Resolved, That the President take such measures in regard to publishing 
the report of the President and Directors, with the accompanying docu- 
ments and the proceedings of this meeting as he may deem expedient. 

On motion, the meeting then adjourned. 

JAMES H. COX, Chairman. 
J. B. Macmurdo, Secretary. 



ANNUAL REPOET. 



The Board of Directors respectfully submit to the stock- 
holders the accompanying reports and statements from the 
executive officers of the company, exhibiting its business 
operations during the year, ending April 30th, 1859, and 
the condition of its affairs and property at that date. 

From these it will be seen, that the income of the com- 
pany during that period amounts to $157,541 vVsS so far as 
it has been possible to ascertain it, there being still some 
unsettled claims against other companies for through tickets 
sold by them, for which returns have not yet been rendered. 

During the same period the ordinary current expenses of 
the company amounted to $75,056 ^Ve* or about 47| per 
cent, of the income. In addition to this income from the 
current ordinary business of the company during the year, 
there has been received from — 

Cash on hand April 30th, 1858, - - $7,788 15 

Deposits and loans, - - - 750 00 

From coupon bonds, sold to defray the cost of 
reconstruction and permanent a\ddition8 to 
the real estate, buildings and other property 
of the company, - - - - 9,660 00 

Which, added to the ordinary income of 157,542 16 

Made the aggregate receipts from all sources 

during the year, . - - 175,750 31 



295 

Applicable to the following disbursements, viz : 

Ordinary current expenses, - - - 75, 056 71 
Additions to property of company in new pas- 
senger, mail, baggage, freight and coal cars 

and buildings, _ _ _ 4,075 21 

Keconstruction of road, _ _ - 1,439 24 

In reducing bills payable, - - 1,206 73 

In reducing certificates of debt for dividends, 1,110 24 

Bills receivable for money lent, - - 18,220 66 

Interest on funded debt, - - 13,735 89 

Dividends, ----- 48,805 00 

Leaving a balance unexpended (cash,) 12,090 43 

$175,740 31 

To the amount of income above mentioned is to be added, 
when ascertained, the amount due from several other rail- 
road companies for through tickets over this road sold by 
them, for which no returns have yet been received. The 
necessity for more time between the close of the fiscal year 
of this company and the annual meeting of its stockholders, 
in order that these and all other accounts may be fully closed 
and reported upon at that meeting, presents one among 
many other good reasons for appointing an earlier day than 
the 30th of April for the close of the fiscal year. 

The amount of income for the past year, though exceed- 
ing that of the preceding year, has been, it is believed, con- 
siderably reduced below what it would have otherwise been, 
by causes which are in their nature accidental and occasional, 
and the recurrence of which cannot be reasonably expected. 

Twice during the year have serious disasters befallen the 
Clover Hill coal mines, interrupting and limiting the sup- 
ply of coal from them ; while the unusually mild weather of 
the past winter has greatly diminished the demand for and 
consumption of it. There have consequently been during 
the past year 128,930 bushels, or 4,030 tons less coal trans- 



296 

ported tlian there were durinijj tlie preceding year, when the 
revenue from that source exceeded that from the same source 
this year by $2,587 iVo- The controversy, which had arisen 
between this company and several others on the main Atlan- 
tic route for Northern and Southern through travel, and 
which was brought to the notice of the stockholders of this 
company at its last annual meeting, resulted in a discontinu- 
ance and suspension during the greater portion of the year 
of through ticket arrangements with the companies North 
of Washington and South of Weldon. To this cause mainly, 
if not solely, is attributable a diminution of 4,911 in the 
number of tlirough passengers passing over this road during 
the last year, as compared with the number passing over it 
the preceding year. Nevertheless, the revenue derived from 
this diminished number exceeded by $3,537 tW ^^ least, 
(omitting unascertained balances still due from other com- 
panies,) the revenue derived from the same source during 
the preceding year, when those through tickets, at the re- 
duced rates, against which this company remonstrated, were 
in use. Thus was the course of this company, in insisting 
on rates that were more remunerative^ fully vindicated by 
the experience of the past year ; for, although the opportu- 
nity was not lost, but fully improved by the ocean steamers 
and every competing route, to avail themselves of the ad- 
vantages presented to them by a disturbance of the facilities 
of through tickets on the Main Atlantic Inland Route, and 
every effort on those competing routes was made by increased 
facilities and greatly reduced rates, to divert and retain the 
travel from ours to theirs ; yet the result to this company 
:from this disturbance and disruption of the through ticket 
system, was a temporary decrease of only about ^th of its 
through travel, with an increase of nearly 11 per cent, in 
its revenue from the through travel, which would not be di- 
verted from it, arising from the more remunerating rates of 
fare received for what remained. That this principle and 
practice of excited, reckless and unlimited competition be- 



297 

tween rival routes by greatly reduced rates of fare, provok- 
ing mutual retaliation, has been in many cases carried to 
extremes very detrimental to the interests of the companies 
engaged in it, is fast becoming the conviction of other com- 
panies, as it has long been that of ours. It is gratifying to 
be able to announce, that those disturbances have within a 
few months past ceased to exist, and that there is now, and 
has been during that time, in operation a much more ex- 
tended system of through tickets over this route from New 
York to New Orleans, Mobile, Charleston, Savannah and 
Havanna, and at more remunerative rates of fare than has 
ever been before in operation over this road, and that its 
effects have already been encouragingly experienced in a 
considerable and steady increase of both passengers and rev- 
enue. Thus, with the restoration of all our former through 
travel, and with the additions to it resulting from the large 
extensions of the through ticket system, by connections with 
other new roads — all yielding to this company rates of fare 
more remunerative than former rates — a considerable increase 
in its revenue from this source may be reasonably expected. 

The attention and efforts of the Directory and executive of- 
ficers of the company have been particularly directed to the 
promotion of a more extensive freight business with the 
roads South of Petersburg extending into and through the 
State of North Carolina. For this purpose judicious amend- 
ments of the tariffs of tolls of those companies and of ours 
have been made, and every practical arrangement effected 
for the forwarding of freights to their ultimate destination. 
From these a valuable addition to our freight business dur- 
ing the coming year is confidently hoped for. 

The completion of the Norfolk and Petersburg Railroad 

has already restored to us at more remunerative rates much 

of the travel formerly brought to this road by the steamers 

to Port Walthall, without any additional expense to this 

company. 

In the month of December last the post of Supcrinten- 
2 



298 

dent was vacated by the worthy and experienced gentleman, 
then filling it, E. H. Gill, Esq. Although his resignation 
was accepted by the Board with great regret, they esteem 
themselves fortunate in securing in his place the worthy and 
accomplished gentleman, now occupying that office, Thos. 
H. Wynne, Esq., whose character, intelligence and expe- 
rience peculiarly fit him for his present position. 

To the fidelity, efficiency and industry, with which the 
other officers and agents of the company have discharged 
the duties of their several stations, it gives the Board plea- 
sure to testify. The condition of the road, machinery and 
other property of the company, will be fully presented by 
the Superintendent and the committee of examination. 

Respectfully submitted in behalf of the Board of Direc- 
tors, 

P. V. DANIEL, Jr., President. 



300 
A. 

t 
Statement of the affairs of the Richmond and Petersburg Railroad 

COST OF EGAD AND PEOPERTY. 

From Richmond to Petersburg, including interest, 

per statement A No. 1, . . . 922,822 39 

Branch road to Port Walthall, including purchase 

of land, wharves, coal tracks and cars, . 45,539 09 

968,361 48 

Reconstruction of road, . . . 219,587 50 

Land purchase, . ; . . 18,954 83 

DEBTS DUE TO TUE COMPANY. 

This Company's stock taken for debt, . . 5,376 06 

Bills receivable, .... 18,220 66 

Open accounts, .... 6,173 38 

29,770 10 

Cash on hand, ... . . 13,513 08 



1,250,186 49 



301 



Company, from the commencement of the work to the \st May, 1859. 



CAPITAL STOCK. 

Subscribed by individuals, 3,000 shares, 300,000 00 

Converted loan stock at $50, 3,0 10 " 150,500 00 

450,500 00 

Sub. by the State, old st'k, 2,000 " 200,000 00 

" " " new st'k, 1,856 " 185,600 00 

385,600 00 



836,100 00 



9,860 shares entitled to equal 
dividends. 

DEBTS DUE BY THE COMPANY. 

Dividend bond to the State, 33,408 00 

Coupon bonds due July 1, 1875, 24,500 00 

Coupon bonds due June 1, 1875, 143,500 00 

Certificates of debts for dividends, 23,055 89 

Unclaimed interest on certificates of debt, 500 19 
Unclaimed dividends, . . . 1,622 50 

Bills payable, . . . 9,504 12 

Open accounts, . . . 4,309 13 

240,399 83 

Profit and loss, . . . 173,686 66 



1,250,186 49 



J. B. MACMURDO, Treasurer. 
EiGHMOND, May 1, 1869. 



302 



A No. 1. 



Heads of Expenditure for Construction of Road and Purchase 
of Property to \st May, 1859. 



Preliminary surveys, $2,896 87 

Contingent expenses, ...... 2,675 69 

Purchase of Manchester and Petersburg Turnpike stock, 28,841 85 



Engineering expenses, 

Real Property in llichmond, 
" " Pocahontas, 

'* " Petersburg, 

« « Chester, 

Land damages. 

Graduation, .... 

Superstructure, . . . , 

Masonry, ..... 

James River Bridge — Masonry, 

Superstructure, 



783 03 
86,050 15 



Falling Creek Bridge, 

Swift Creek Bridge, 

Kingsland Creek Bridge, 

Depots and Work Shops, 

Richmond Depot, .... 

Manchester Depot, 

Water Station, .... 

Pocahontas Depot, 

Locomotive Engines and Cars, . 

Omnibus, ..... 

Officer's salaries, ..... 

Repairs of Turnpike at the date of purchase. 

Interest on Loans, . . . 113,099 57 

Premium on Sterling Bills, and commission 

in paying loan due in England, . 6,859 72 



00 
35 



32,403 99 

21,917 24 

3,200 

1,928 

900 00 

22,802 26 

168,373 82 

111,510 09 

72,223 29 



135,833 18 

10,889 30 

10,027 79 

5,496 42 

13,106 72 

44,029 05 

3,359 04 

1,181 54 

8,011 79 

97,508 69 

1,639 83 

5,717 33 

1,389 97 



Richmond, May 1st, 1859. 



119,959 29 
$922,822 39 



J. B. MACMURDO, Treas'r. 



303 



B. 

Statement of Financial Affairs within the year ending 
^pril 30M, 1859. 

Cash on hand, April 30th, 1858, . . ' . . $7,788 15 
Capital stock, received this sum, . . . 1,500 00 

Debts due by the Company, increased this sum, . 9,543 66 

Transportation, received this sum, . . . 157,542 16 

Disbursements : 
Cost of road and property, increased 

this sum, 152 35 

Reconstruction of road, increased this 

sum, 1,439 24 

Debts due to the Company, increased 

this sum, 19,696 29 

Expenses of Transportation — 

Ordinary, . $75,056 81 

Extraordinary, . 4,075 21 



79,132 02 

Interest paid this sum, . . . 13,735 99 
Dividends paid this sum, . . 48,805 00 

Cash on hand, April 30, 1859, . . 13,513 08 



1176,373 97 |176,373 97 



Richmond, May Ist, 1859. 



J. B. MACMURDO, Treas'r. 



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D. 



Statement of Transportation Expenses from 1st May, 1858, to 
Xst May, 1859. 

ORDINARY. 

Repairs of road, .... f 7,305 59 

Repairs of bridges, .... 3,982 90 

Repairs of locomotive engines and tenders, 6,309 59 

Repairs of depots and water stations, 1,620 23 

Train expenses, .... 9,564 78 

Lost and damaged goods, . . . 231 37 

Depot expenses, .... 8,985 69 

Clover Hill transportation expenses . 9,984 15 

Officers' salaries, .... 5,750 04 

Omnibus expenses, .... 2,238 84 
Insurance on buildings, (and other miscel- 
laneous expenses. This includes a judg- 
ment against the Company for a negro 
man who died in its service, and also fees 



of counsel, amounting to about $662.) 


3,008 59 




Postage, stationery and printing, . 


422 26 




Through travel expenses. 


1,261 30 




Repairs of passenger, mail and baggage cars, 


2,408 24 




Repairs of freight cars and flats, . 


1,951 22 




Repairs of coal cars. 


2,801 85 




Taxes, ...... 


645 99 




Repairs of turnpike, .... 


424 00 




Repairs of shop, tools and machinery, 


230 09 




Oil and tallow, .... 


1,152 65 




Wood, ...... 


4,452 47 




Cattle killed by trains. 


324 97 


75,056 81 






EXTRAORDINARY. 






New coal cars, 


1,834 21 




New passenger mail and baggage cars, 


2,008 97 




New freight cars, .... 


149 00 




New buildings, 


83 03 






- 


4,075 21 
$79,132 02 



Richmond, May \st, 1859. 

J. B. MACMURDO, Treas'r. 



SUPERINTENDENT'S EEPORT. 



OFFICE, ) 
R. R. Co., Y 
th, 1859. ) 



SUPERINTENDENT'S OFFICE, 
Richmond & Petersburg 

Richmond, April SOth, 
Peter V. Daniel, Jb,, Esq., 

President : 

Dear Sir : — I herewith submit a report 
of the departments under my management : 

RECEIPTS, OB EARNINGS. 

From transportation of passengers, . . $83,226 63 

" extra baggage and express freight, . . 3,031 72 

" United States mail, .... 7,350 00 

" transportation of freight, . » ♦ 59,460 77 

" miscellaneous sources, . ^ . 4,473 04 



Total receipts or earnings, . . . $157,542 16 

EXPENSES OF WORKING THE ROAD. 

For repairs of road, 7,305 59 

" repairs of bridges and watching, . . 3,982 90 

" repairs of depots and water stations, . 1,620 23 

" repairs of locomotive engines and tenders, 6,309 59 

" repairs of passenger, mail and baggage cars, 2,408 24 

" repairs of freight cars and flats, . . 1,951 22 

" repairs of coal cars, .... 2,801 85 

" repairs of shop tools and machinery, . 230 09 

" oil, grease and tallow, .... 1,152 65 

" wood, ; 4,452 47 

" train expenses, including the pay of conduc- 
tors, baggage-masters, engineers, firemen 

and brakemen, . . ; . 9,564 78 
" depot expenses, including erection of freight 
depot at Chester, pay of depot agents, 
hands and watchmen, and stationery and 

printing for depots, .... 8,985 69 



Amounts carried forward, . . $50,765 30 $157,542 16 



30T 



Amounts brought forward, 
For postage, stationery and printing, 
" salaries of officers, .... 
" insurance on buildings, &c,, . . . 

" taxes, 

" cattle killed by trains, .... 
" lost and damaged goods and lost baggage, 
" omnibus expenses, .... 

" Eichmond and Manchester turnpike road, 
" Clover Hill transportation expenses, 
" through travel expenses, . . . 

Total ordinary expenses, 



$50,765 30 $157,542 16 

422 26 
5,750 04 
3,008 59 

645 99 

324 97 

231 37 
2,238 84 

424 00 
9,984 15 
1,261 30 



75,056 81 
582,485 35 



Balance, or nett receipts, . 

Or 52J per cent, receipts ; the cost per mile run being within a small frac- 
tion of 94 cents. 

The extraordinary expenses during the year amount to $4,076 21, and 
are as follows : 

Fornew coal cars, $1,834 21 

For passenger, mail and baggage cars, . . 2,008 97 

For new freight cars, 149 00 

For new buildings, 83 03 

Since the completion of the Norfolk and Petersburg railroad we have 
arranged a through ticket, and, for the short time it has been in operation, 
it promises to add considerably to the revenue of the next year. 

TONNAGE. 

The tonnage, exclusive of coal, express freight, and extra baggage, 
amounts to 14,293 tons, being a decrease of 613 tons, and the receipts from 
this tonnage are $187 35 less than last year. 

The coal transported amounts to 44,992 tons, which is 4,030 tons less 
than the previous year. The coal was delivered as follows : 

At Richmond, 17,283 tons. 

At Port Walthall, 19,364 " 

At Petersburg, ; . . . . 8,345 " 

The receipts from the transportation of coal amounts to $32,227 69, be- 
ing at the rate of 71 62-100 cents per ton, or $1 09 per mile run. The 
receipts from the transportation of all other freights, exclusive of express 
freight and extra baggage, amounts to $27,233 08, being $1 90 per ton, or 
$3 28 per mile run. 

The freight of all kinds, transported during the year, amounts to 60,178 
tons, and the number of tons transported one mile 1,549,794. 



508 



PASSENGERS. 

The number of passengers transported was 77,244} ; of these 38,762J 
were through, and 42,b95 were local and way passengers, of which 5,497 
were carried ou the accommodation, aud 687 on the Clover Hill train. The 
receipts from passenger fare amount to $83,226 63, or $1 07 per passen- 
ger, and the total movement of passengers or number transported one mile 
is 1,623,019. The receipts for passenger fare exhibit an increase of 
$2,705 05. 

The receipts per mile, run per passenger, by the mail and express trains, 
are $2 22, and by the accommodation train 93 cents, in addition to $3 28 
received for freight on the same trains. 

EXPRESS FREIGHT AND EXTRA BAGGAGE. 

The receipts for express, freight and extra baggage amount to $3,031 72, 
being $111 68 less than the previous year. For full statements in detail, 
relative to the freight and travel, I refer you to the tables marked No. 1 to 
12, inclusive. 

THE ROAD. 

The road is in very good condition, considering the long-continued rains 
of the past winter, which washed the embankments and filled the ditches 
faster than the section master could repair them. Within the past two 
months much has been done to remedy these evils, and it will, doubtless 
soon be in excellent condition. About 2,300 new cross ties have been laid 
during the year. The repairs of the road have cost $7,305 69, or $292 22 
per mile, and, including the repairs of bridges, $451 53 per mile. 

BRIDGES. 

The bridges are in good condition. The two over Swift and Falling 
Creeks need painting, and the floors also need a little repairing. The stone 
pier at the south end of the Falling Creek bridge begins to show some de- 
fects in the masonry at its base, and this will be speedily repaired. The 
bridge over James river is in the best possible condition. The labors of my 
predecessors in strengthening it have secured for this structure an immunity 
from all dangers, but that of fire, for many years to come ; and, as necessary 
precaution is used to prevent this, it may be considered as permanent as any 
portion of the property of the Company. The cost of the repair of the 
bridges (including the payment of watchmen, which amounts to about 
,) is $3,982 90. 



BUILDINGS. 

The buildings are all in good order. The only addition made to them 
during the year has been the erection of a freight depot, 16X32 feet, at 



309 

Chester. The cost of repairs of depots and water stations, including the 
depot at Chester, amounts to $1,620 23. 

LOCOMOTIVE ENGINES. 

The locomotive engines are all in good running order ; there are ten in 
number. The Sheppard, having beeu too much injured by use to be safe, 
was sold in April last. 

The cost of repairs of the engines in use, during the year, amounts to 
$0,309 69, or 6 39-100 cents per mile run. For the cost of repars, and 
consumption of wood and oil by each, refer to table No. 10 and 11. 

ROLLING STOCK, OK CARS. 

The cars are all in good condition ; there are 7 first-class and 5 second- 
class passenger cars, 4 baggage and mail cars, 20 box cars, 22 flats, 2 stock 
cars, 9 seventy-five bushel, 4 eighty bushel, 71 one hundred bushel, and 62 
one hundred and twenty-five bushel coal cars — making 146 coal cars, 4 
gravel cars, and 4 pole and 2 crank cars. 

During the year 1 passenger car, 4 baggage and mail cars, 2 fiats, and 20 
one hundred and twenty-five bushel coal cars have been built in the Com- 
pany's shop during the year. Many of the oldest passenger and freight 
cars begin to show evidences of decay, and it will be necessary to bestow 
considerable labor on them during this summer. The cost of repairs is 
$7,161 31, and the new cars cost $3,982 18. 

OMNIBUSSES. 

There are three omnibusses, five baggage and mail wagons, four street 
wagons, two carts and fourteen horses — the joint property of this and the 
Eichmond, Fredericksburg and Potomac Railroad Company. Our propor- 
tion of the omnibus expenses, during the year, is $2,238 84 at Richmond. 

MATERIALS ON HAND. 

The value of the materials on hand, consisting of iron, steel, castings, 
lumber, wood, oil, waste, &c., is $8,956, for an inventory of which I refer 
you to table No. 14. 

ACCIDENTS RESULTING IN LOSS OF LIFE. 

On the night of the 1st of March, T. Anderson, who resided in Chester- 
field county, was killed by the mail train running over him while asleep 
upon the track. The accident occurred about one mile from Manchester, 
where the road is bounded on both sides by heavy forests, and the night be- 
ing dark, it was impossible for the engineer to have seen him, and no one 
was aware of his fate until his remains were found next morning. 

It is gratifying to me to state that all the oflBcers, agents and employees 



310 

of this Company perform their duties faithfully, and exhibit such an inter- 
est in the success of its operations, as to insure their fidelity, thereby lessen- 
ing the duties of the executive department, and reflecting the highest credit 
upon themselves. 

For a list of the same, with the pay of each, I refer you to statement 
No. 13. 

All of which is respectfully submitted, 

T. H. WYNNE, Sup't 



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205 19 
224 03 
243 88 
328 20 
236 77 
168 08 
260 15 

. 251 60 

272 18 
299 31 
271 09 

$3,031 72 


Express Freight and 
n Extra Baggage. 


m 1 

*ft 1 


>->-"- A. ^ I-" .tk to oi hs 

coscoa-icn — otoioosos 

C7stOOCOCOCOCOO.t»tOCDC 

OSCOJ>.cotO-lCO — OStolO.£. 
CDO0OS*.(O>-ai.t.C0 — tnCO 


^1 

Miscellaneous 

Receipts. 

CO 


to 


K. CO to — CO CO COjti. CO CO *-• to 

00 "en OS '-too oc CO ar.'b-."'-j''co 


•e© 


Total Receipts. 



^ 



9c| 



9 5-5 

S c« O 

>^ H- 
^1 

^? I 

" § W 

^1 O 

« o 

a -• -^ 

-•§ o 

* - 

a J. V 

t o >—> 

^"* 5 



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Cti 


•* 


c.-^ 








-J 


CO 


^ 


■on 


CTS 


t»t 




CO 


t*1 








'S 



312 
No. 2— RICHMOND AND PETERSBURG RAILROAD. 

Statement of Local PatsengerH heti»een Rirhmond and I'etemburg for the year ending 

April 30, 1859. 

NORTHWARDLY. 





Way Pas- 


Way 


Pas- 


Petersburg | 




1 






sengers 


sengers 


to 




Total. 






set down. 


taken up. 


Richm 


ond. 






Grand 


Month. 
















Total 


<u 




3) 


^ 


in 

lU 


-IS 


a 


^ 


























s: 


C9 


S 






CO 




a 






^ 


CQ 


107 


CQ 
46 


■^ 


03 


is 


- 




1858, May, 


27 


22 


1,249 


3G6 


1,383 


434 


1,817 


June, 


26 


7 


89 


34 


935 


194 


1,0.50 


235 


1,285 


July, 


37 


27 


98 


45 


1,264 


278 


1,399 


350 


1,749 


August, 


47 


21 


403 


47 


1,058 


305 


1 508 


373 


1,881 


Sepl'r, 


36 


26 


102 


50 


1,434 


240 


1,572 


316 


1,688 


Oct'r, 


23 


15 


85 


27 


1,610 


180 


1,718 


222 


1,940 


Nov'r, 


34 


16 


61 


34 


2,108 


153 


2,203 


203 


2,406 


Dec'r' 


67 


72 


105 


91 


1,672 


367 


1,844 


530 


2,374 


1859, Jan'y, 


33 


31 


141 


79 


1,194 


320 


l,3ti8 


430 


1,798 


Feb'y, 


32 


17 


68 


18 


1,109 


181 


1209 


216 


1,425 


March, 


36 


11 


89 


25 


946 


185 


1,071 


221 


1,292 


April, 


35 


55 


93 


23 
519 


1,136 


£32 
3001 


1,264 


310 


1,574 


Total, 


433 


320 


1,441 


15,715 


17,589 


3,840 


21,429 



SOUTHWARDLY. 





Way 


Pas- 1 


Way Pas- 


Richmond 




1 






sengers 


sengers 


to 




Total. 1 






set down. 


taken up. 


Peters^ 


urg. 






Grand 


Month. 




1 












Total. 


u 


ja 


m 


en 


tn 




Oi 


-M 
























JS 




-a 


ca 




es 




en 






^ 


c5 


^ 


CQ 


^ 


CQ i 


^ 


CQ 




1858, May, 


99 


49 


103 


24 


1,245 


330 


1,477 


403 


1,850 


June, 


80 


29 


68 


26 


826 


169 


974 


224 


1,198 


July, 


95 


56 


92 


24 


1314 


248 


1,501 


328 


1.829 


August, 


583 


41 


106 


55 


1,034 


243 


1,523 


339 


1,862 


Sepl'r, 


68 


29 


70 


30 


1,531 


259 


1,669 


318 


1,987 


October, 


63 


27 


67 


19 


1,704 


195 


1,834 


241 


2,075 


Nov'r, 


31 


25 


126 


34 


2,110 


115 


2,267 


174 


2,441 


Dec'r, 


70 


101 


98 


■73 


1,632 


1 298 
* 247 


1,800 


472 


2,272 


1859, January, 


69 


43 


126 


49 


1,208 


1,403 


339 


1,742 


Feb'y, 


54 


21 


85 


20 


1,048 


I3i 


1 187 


172 


1,359 


March, 


48 


21 


91 


19 


940 


1.58 


1,079 


198 


1,277 


April, 


43 


39 


76 


28 
401 


1,148 


240 
1 
2,633 


1,267 


307 
' 3.515 


1 1,574 


Total. 


1,103 


! 481 


1,108 


15,740 


17,951 


1 21,466 



Summaiy.— Northwardly, 21,429 ; Southwardly, 21.466. Total, 42,895. 

M. W. YARRINGTON, .luditor and Supl's Clerk. 



314 





05 






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1858.— May, . 

June, 

July, . 

August, 

September, . i 

October, . 

November, . 

December, 
1859. — January, 

February, 

March, . : 

April, 


3 

o 

EH 



315 



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316 



NO. 4.— RICHMOND AND TETERSBURG RAILROAD- 

Statement of through Passengers for the year ending April 30, 1859. 
SOUTHWARDLY. 







cs 




a 


From Richmond 






M 




£ 


s.s 

£-3 


to Weldon and 




Month. 




S'3 


2.§ 


Gaston. 


Total. 




f^ ^ 


f^ ■^ 


N ai 








!2; 


^ 




^ 


Whites. 


Blacks, 




1868, May, 


194i 


124 


67 


213 


232 


345 


1,175J 


June, 




84 


72 


282. V 


244 


89 


77U 


July, 




m 


86 


206. \ 


306 


112 


785 


August, 


47 


97 


85 


195 


274 


169 


857 


Sept'r, 


88 


234J 


190 


518 


490 


228 


1,698^ 


October, 


16 


306^ 


158 


4021 


392 


440 


1,715 


Nov'r, 


3 


192i 


149 


406 


604 


606 


1,960J 


December, 




133 


123 


334 


529 


780 


1,899 


1859, January, 




174^ 


85 


300J 


426 


926 


1,912 


February, 


296 


177 


133^ 


274* 


449 


664 


1,994 


March, 


677 


278^ 


136 


253* 


426 


582 


2,353 


April, 


220 


120 


141 


im 


356 


397 


1,376J 


Total, 


1,491J 


1,996 


1,425^ 


3,528^ 


4,728 


5,328 


18,497J 



NORTHWARDLY. 





§■ 


1-4 


From Weldon 








tiJ3 


-3^ 


and Gaston to 


6C 




Month. 


'a 


'^^ 


Richmond, 


ei 


Total, 






fa 




Oh 






Whites. 


Blacks. 




1858, May, . 


75 


616* 


328 


169 


167 


1,354> 


June, 




569 


324 


149 


144* 


1,186* 


July, . . 




554* 


332 


112 


176 


1,174V 


August, 


139* 


642* 


296 


147 


266^ 


1,391* 


September, 


206 


440* 


219 


115 


170 


1,156* 


October, 


147* 


361 


231 


142 


166 


1,047^ 


November, 


98 


173 


168 


173 


131 


743 


December, 


170* 


311 


249 


242 


150 


1.122^ 


1859, January, . 


204* 


516 


265 


256 


134* 


1.376 


Februiiry, 


719 


741 


223 


186 


160.\ 


2,029* 


March, 


528 


534 


245 


144 


18(i* 


1,637^ 


April, 


427 


242 


1,261 


97 


118^ 


1,045^ 


Total, 


2,715 


6,606 


3,041 


1.932 


1,971 


15,266 



Total number of through passengers, each direction, 33,762^. 

M. W. YARRINGTON, Auditor and SupCs Clerk. 



317 



No. 5. 
EICHMOND AND PETERSBURG RAILROAD. 



Statement of the number of Passengers Transported on the Road during the 
year ending April 30, 1859. 



SOUTHWARDLY. 








Through passengers, .... 
Local passengers, 


• 


18,497J 
21,466 


39,963J 






NORTHWARDLY. 








Through passengers, .... 
Local passengers, . , 


and 


15,265 
21,429 


36,694 
587 


Passengers between Richmond and Petersburg 
Clover Hill, .... 





Total number of passengers. 

Equal to 1,623,019 passengers transported one milei 



77,244J 



M. W. TARRINGTON, Auditor 

And Superintendents Clerk. 



318 



No. 6. 

EICHMOND AND PETERSBURG RAILROAD. 

Statement of Coal Transported from Clover Hill during the year ending 
April 30, 1859. 



Month. 


n3 

o ■ 

O en 

£"53 




Port 

hall, 
els. 


03 

fc- 0) to 




•»3 

a 
p 








To 
Walt 
Bush 




33 


o 

s 




Kca 


PhCQ 


;2;m 


H 


< 


1868, May, 


19,835 


12,225 


50,260 


82,320 


2,672^ 


1,776 14 


June, 


19,175 


4,785 


98,570 


122,530 


3,829 


2,658 44 


July, 


21,190 


22,565 


c^ 1,220 


124,976 


3,905i 


2,661 86 


August, 


65,G50 


32.310 


48,650 


136,610 


4,269 


3,091 22 


(September, 


67,745 


43 080 


46,370 


147,195 


4,600 


3,340 32 


October, 


78,025 


39,635 


36,920 


154,680 


4,830J 


3,580 81 


November, 


73,135 


27,805 


34,395 


135,335 


4,229 


3,141 89 


December, 


64,370 


24,095 


19,240 


107,705 


3,366 


2,536 19 


1859, January, 


47,705 


14,405 


18,835 


81,006 


2,631J 


1,894 94 


February, 


41,115 


18,900 


46.765 


106,780 


3,337 


2.388 42 


March, 


42,200 


14,855 


73,750 


130,805 


4,088 


2,864 24 


April, 


32,860 


12,370 


64,670 


109,900 


3,434 


2,393 22 


Total, 


553,066 


267,030 619,645 1,439,740 


44,992 


$32,227 69 



SUMMARY. 



Transported to Richmond, 
" to Petersburg, 

" to Port Walthall, 



Total, 



563,065 bushels— 17,283 tons. 
267,030 " 8,345 " 

619,645 " 19,364 " 



1,439,740 



44,992 " 



M. W. YARRINGTON, Auditor and Suit's Clerk. 



319 



No. 7. 

RICHMOND AND PETERSBURG RAILROAD. 

Monthly Statement of Freight Transported from Clover Hill to Richmond 
during the year ending April 80, 1869. 





CO 


CO 






CO to' 




Month. 


o 

O 


O 

o 




CO 

j2 


O — 


CO 




S 


a 


C« CO 




S'S 






^ 


-S 


rfl .Q 


^ 


•-£ 






^ 


^ 


^ 


^ 


S 


^ 


1858, May, 


41 


61,200 






28,890 


90,090 


June, 


47 


71,100 






1,396 


72,495 


July, . . . 


49 


73,800 


242 


14,500 


6 850 


95,160 


August, . 


42 


63,600 


2,795 


167,130 


25,250 


255,980 


September, . . 


2 


8,000 


1,792 


109,490 


1,450 


113.940 


October, . 






60 


3,000 


966 


8,956 


November, . 


6 


9,000 


320 


19,200 


1,655 


29,866 


December, 






672 


40,820 


2,010 


42,330 


1859, January, 






260 


15.600 


65 


15,665 


February, 


6 


9,000 


472 


28,320 


1,720 


39,040 


March, ; 


19 


24,000 






2,515 


26,515 


April, . 










200 


200 


Total, 


212 


314,700 


6,603 


397,560 


72,956 


785,216 



Total number of tons, 392|. 

M. W. YARRINGTON, Audiiw and Supt's Clerk. 



320 



No. 8. 

RICHMOND AND PETERSBURG RAILROAD. 

Statement of Tonnage transported to and from Clover EiU, during the year 
ending April 3(WA, 1859. 

From Cloves Hill to Richmond. 

, Tons. Tons. 

Tobacco, 212 hogsheads, .... 157| 

Wheat, 6,603 bushels, ..... 198| 
Miscellaneous Freight, .... 36^ 

Total, . . i . . 392| 

From Richmond to Clovee Hill. 
Miscellaneous Freight, consisting of Groceries, Corn, Dry 

Goods, Castings, Furniture, Guano, &c., . . 758J 

Total, 7581 

Fbom Cloves Hill to Petebseubq. 
Wheat, 766 bushels, ..... 23i 

Total, ..... 23J 

From Petersburg to Clover Hill. 
MiscellaneouB Freight, consisting of Groceries, Guano, &c., 80| 

Total, ; . . • ; 80| 

From Post Walthall to Cloves Hill. 
Hay, Powder, Oil, Com, «fec., .... 63 

Total, ..... 63 



Total Tonnage, exclusive of Coal, . . . 1,3 18 J 



M. W. Yarrinqton, Auditor fy Supt's Clerk. 



321 



No. 9. 

RICHMOND AND PETERSBURG RAILROAD. 

Monthly Statement of the amounts collected on the Passenger trains, for the 
transportation of Extra Baggage and Express Freigld, during the year 
ending April ZOth, 1859. 



Month. 


Extra Baggage. 


Express Freight, 
Adams & Co. 


Total. 


1858.— May, 


. $46 25 


$224 99 


$271 24 


June, 


33 00 


172 19 


205 19 


July, 


28 75 


200 28 


224 03 


August, 


40 50 


208 38 


243 88 


September, 


57 50 


270 70 


328 20 


October, 


: 40 00 


196 77 


236 77 


November, 


36 60 


131 58 


168 08 


December, . 


35 25 


224 90 


260 15 


1859. — January, 


25 50 


226 10 


251 60 


February, . 


34 75 


287 43 


272 18 


March, . 


38 75 


260 56 


299 31 


April, 


28 35 


242 74 


271 09 


Total, 


i . $440 10 


$2,591 62 


$3,031 72 




M. W. Yaerington, Auditor 8f Si 


ip^ts Clerk. 



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3231 



Ko. 11. 

RICHMOND AND PETERSBURG RAILROAD. 

Statement of miles 7'un hy Traivs of all kinds during the year ending 
April. SOth, 1859. 




SUMMARY. 



Miles run with Passenger Trains, 

" «' " Passenp;er and Freight Trains, 

" " " Freight Trains, 

" " «' Coal Trains, 

«' " " Material Trains 

" " " Gravel Trains, 3,110 

u .. » vVood Trains, 4,382 



29,950 

7,330 

971 

29,525 
4,653 



79,921 

M. W. YARRINGTON, Auditor and Siipfs Glerk. 



324 



No. 12. 



Business of (he Eiclimond and Petersburg Railroad during the year ending 
April BOth, 1859. 



TONNAGE. 

Coal transported in tons, - - - - 

Tobacco transported in hogsheads, 

Cotton transported in bales, _ - - 

Express freight and extra baggage, in tons. 

Total amount of freight of all kinds, in tons. 

Number of tons transported one mile. 

Miles run by freight engines,* _ - - 

Miles run by coal engines, > _ _ 

Receipts per mile run by freight trains, in cents. 

Receipts per mile run by coal trains, in cents, 

PASSENGER TRAVEL. 

Whole number of through passengers. 
Whole number of local and Clover Hill passengers. 
Total number of passengers transported. 
Passengers transported one mile, - - - 

Miles run by passenger engines, _ - - 

Receipts per mile run by passenger trains, in cents,t 

RECEIPTS OP ROAD. 

From freight on coal, - - |32,227 69 

From miscellaneous freight, - 27,233 08 

From express frt. and extra baggage, 3,031 72 

Total from freight, - - 

From passenger travel, - - ^83,226 63 

From transportation U. S. Mail, - 7,350 00 

Total from passenger and U. S. Mail, — 



44,992 

10,249 

5,218 

446i 

59,7311 

1,549,794 

8,301 

29,525 

828 

109 

33,762^ 
43,482 
77,2441 
1,623,019 
29,950 
223 



162,492 49 



,576 63 



•This includes 7,330 miles run by passenger' and freight trains connected. 

tThis includes the mileage of freight and passenger trains when combined. The re- 
ceipts per mile run from passengers by mail and express passenger trains, are §2 22, and 
liy uccomniodntion tr.iin, !I3 ooiils. 



325 



No. 13. 



List of Officers, Agents and Employees upon the Richmond and 
Petersburg Railroad, and the pay of each, jjpril B0th,lS59. 



Peter V. Daniel, Jr., President, 


per 


annum, 


12,000 00 


Richard Barton Haxall, ' 










Charles Ellis, 










Charles S. Mills, M. D., 


• Directors. 








Francis E. Rives, 










Roscoe B. Heath, 










James B. Macmurdo, Treasurer, 


pei 


• annum. 


1,750 00 


Thomas H. Wynne, Superintendent, 


. 


(C 


2,000 00 


John N. Parker, General Freight and Ticket 






Agent, 


. 


(t 


1,000 00 


W. H. Stith, Freight Clerk, 


• 


t( 


600 00 


M. W. Yarrington, Auditor and Superinten- 






dent's Clerk, 


. 


(( 


1,000 00 


Richard Furt, Freight and Ticket 


Agent at 






Petersburg, 


. 


(( 


800 00 


B. W. Davis, Freight Clerk, 


, 


(( 


300 00 


Asa R. Smith, Agent Clover Hill, 


, 


(( 


720 00 


R. E. Morris, Assistant, 


. 


(( 


400 00 


F. W. Myer, Agent Chester and Ec 


gineer of 






Stationary Engine, 


• 


(( 


480 00 


T. W. McCrary, Conductor, . 


per month 


55 00 


W. R. Daniel, « 


. 


<( 


55 00 


R. E. Mitchell, Baggage Master, 


. 


a 


40 00 


W. L. Yager, « " 


. 


« 


40 00 


W. R. Gibson, Omnibus Manager, 


• 


(C 


50 00 


H. T. Metcalf, Yard Master, 


. 


n 


65 00 


George W. Curtis, Engine Runner, 


. 


i< 


70 00 


Joseph Mann, " " 


. 


(( 


70 00 


Nathaniel Walker, « " 


. 


<t 


70 00 


W. D. Jester, " " 


. 


(( 


70 00 


William Jewett, " « 




<( 


70 00 


Joseph Mittendof, Car Inspector, 


. 


per day, 1 75 


Henry Kohle, Assistant, 


. 


. 


<( 


1 15 



326 



Depot and Bridge Watchmen, average of $1 12 per day. 
John Mackin, Section Master, . . per month, 

B. Cummingg, " " . « 

11 Free Firemen and Train hands, average price per day, 
Samuel Peters, Master Machinist, . per month, 

2 Machinists, average price per day, . 

2 Apprentices, a c a ... 
John Whitlock, Master Blacksmith, per month, 
1 Blacksmith, .... per day, 
J. W. Bury, Master Carpenter and Road 

Master, .... per month, 

3 Carpenters, average price per day, 

A, M. Barrett, Painter, . . . per day, 

Slaves. 



45 00 
45 00 

1 00 
83 33 

1 71 

72 

65 00 

1 90 

70 00 

1 78 

1 661 



At Richmond Depot and Office, ... 12 

" " Omnibus and wagon drivers, 4 

" " in shops, (five of them mechanics,) 10 

" Petersburg Depot, .... 6 

" Clover Ilill and other stations, . . 6 

As Firemen and Train hands, ... 3 

As section men on repairs of road, . . 11 

On Material and Gravel Train, . . 6 



58 



327 



No. 14. 
Statement of Materials on hand, jJpril 30, 1859. 



Coal Car Wheels and Axles fitted up, 


1675 00 


" « " " not fitted up, • . 


430 00 


Engine and Car Wheels, .... 


400 00 


Axles for Cars and Engines, 


160 00 


Cast Iron Castings, 


800 00 


Brass Castings, 


470 00 


New Tjre, 


312 00 


Copper Flues, 


250 00 


Iron Wire, 


40 00 


Sheet Iron, 


50 00 


Extra new work fitted up, ... . 


150 00 


Iron and Steel, 


500 00 


Smoke Stacks and Lamps, .... 


150 00 


Sheet Lead, 


25 00 


Packing, &c., 


100 00 


1200 Cross-ties, 


480 00 


Railroad Iron, 


975 00 


68,000 feet Florida Pine, at $40 per M, 


2,720 00 


7,000 feet Common Pine, at $17 per M, 


119 00 


6,000 feet White Oak, at $2& per M, 


150 00 




$8,956 00 



PROCEEDINGS 



OF THE 



STO CKHOLDERS 



IN THE 



k\m\\)i ^ f ttokrg |i. |t. €a., 



AT THEIR GENERAL MEETING, 



AND 



REPORTS 

MADE BY THE PRESIDENT, DIRECTORS AND SUPERINTENDENT, 



TO THE 



STOCKHOLDERS, 

TWENTY-FIFTH MEETING, MAY 29, 1860 



RICHMOND: 

WM. H. CLEM.'MITT, PRINTER, CORNER MAIN AND 12X11 STS. 
1860. 



TWENTY-FIFTH 

ANNUAL MEETING OF THE STOCKHOLDEKS, 

HELD ON TUESDAY, MAY 29, 1860. 



At ca meeting of the Stockholders of the Kichmond and 
Petersburg Eailroad Company, held at the office of the 
company in Kichmond, on Tuesday, the 29th day of May, 
1860, 

James H. Cox, Esq., was appointed Chairman, and James 
B. Macmurdo, Secretary. 

The Chairman appointed Wm. F. Watson, Esq., Dr. 
Levin S. Joynes, and Col. Saml. T. Bayly, a committee to 
examine proxies. 

The committee reported that they had examined the 
proxies and found them to agree with the list laid before 
them by the Treasurer, which report was received and 
approved. 

There being present, in person and by proxy, private 
Stockholders entitled to 1,262 votes, and the proxies of the 
Board of Public Works, Messrs. Wm. F. Watson, D'Arcy 
Paul, and Col. H. C. Cabell, entitled to 841 votes, being 
equal to two-thirds of the votes of the private Stockholders, 
in all 2,103 votes, (the whole number of votes that could be 
given by all of the Stockholders being 3,505,) the meeting 
proceeded to business. 

Whereupon the annual report of the Board of Directors, 
with its accomj)anying documents, wore laid before the 



332 

meeting, and after being read and examined, on motion, 
were received and approA^ed. 

The following report of the committee of examination 
was laid before the meeting, and, on motion, was received 
and approved: 

The committee appointed at the last meeting of the Stockholders of this com- 
pany to examine the road, &c., beg leave to make the following report : We have 
examined the road from Richmond to Petersburg, also the Port Walthall branch, 
the workshops and machinery belonging to the company. We find the road, 
shops, &c., all in excellent condition. We would, however, recommend to the 
company to build a stone pier about the centre of the bridge over Falling Creek. 
The bridge is now supported at that point by tressel work, which your commit- 
tee think should be replaced by a more permanent and substantial work. On 
this subject your committee were unanimous. The bridge across James river has 
been thoroughly examined bj" a portion of the committee, and it will be satisfac- 
tory to the Stockholders to know that it is in excellent condition. The work- 
shops, depots, machinery, &c., all appear to be in good order and well arranged. 
A portion of the committee have examined the books of the company, in a gen- 
eral way, and report them accurately and neatl}^ kept. 
Respectfully submitted, 

SAML. T. BAYLY. 

On motion of Col. H. C. Cabell, 

Resolved, That the Board of Directors be requested to inquire into tlie expedi- 
ency of making close railroad connections with the Richmond, Fredericksburg 
and Potomac Railroad Company, and the Petersburg Railroad Compan}', the 
probable cost of the same, and report to a future meeting of the Stockholders. 

On motion of Moncure Kobinson, Esq., 

Resolved further, That the Board of Directors be authorized to unite with the 
Richmond, Fredericksburg and Potomac Railroad Company, and any street rail- 
road Company, for effecting said connection in Richmond, provided, it can be 
made by 7th, 8th or 9th streets. 

Messrs. Wirt Kobinson, B. W. Haxall, Levin S. Joynes, 
Wm. W. Harvie, and Saml. T. Bayly, Avere appointed the 
committee of examination. 

The meeting then proceeded to the election of officers. 

Whereupon, Peter V. Daniel, Jr., was unanimously 
elected President of the company, and Messrs. Kich'd B. 
Haxall, Chas. Ellis, and Doctor Chas. S. Mills, were unan- 



333 

imously elected Directors on "behalf of the Stockholders. 
Messrs. Francis E. Rives and Roscoe B. Heath were an- 
nounced to have been appointed Directors on behalf of the 
State. 

Resolved, That the President take such measures in regard to publishing the 
report of the President and Directors, with the accompanying documents, and 
proceedings of this meeting, as he may deem expedient. 

On motion, the meeting then adjourned. 

JAMES H. COX, Chairman. 
J. B, Macmurdo, Secretary. 



ANNUAL IIEPORT. 



The Board of Directors respectfully submit to tlie Stock- 
holders the accompanying documents, exhibiting the busi- 
ness operations of the company for the eleven months, 
ending March 31st, 1860, and the condition of its affairs 
and property at that date. The date up to which those 
documents should be prepared and reported having been, 
by the last annual meeting of the Stockholders, changed 
from the 30th of April to the 31st of March, limits the 
period which they comprise this year to eleven instead of 
twelve months. 

The income received from transportation during that 
period is shown to amount to |151,905 yVo? oi' $7,251 yVo 
more than it Avas during the same period of the previous 
year. 

During the same period the ordinary current expenses of 
the company amounted to $67,024 jVV? oi' $2,777 iVo less 
than the^proportion of the previous years' ordinary expenses, 
ohargable to the same eleven months of that year, and 
only 44^ per cent, of the income of this year. 

Tlie application of this income is fully exhibited in State- 
ments (B and D) of the Treasurer's Accounts, shewing that 
besides defraying these ordinary annual expenses of its 
business, and others not chargable exclusively to this year's 
business, consisting of considerable additions to the real 
estate, and other property of the company, and of the cost 
of putting the turnpike in complete repair, after paying 



335 

the interest on its funded debt, and two semi-annual divi- 
dends, the company lias discharged $22,153 iVo of the 
principal of its funded debt due last July, leaving of that 
debt then due only $902 yVo unpaid, because not called for, 
and leaving a balance of cash on hand of $10,038 yVo j o^i 
the 31st March, 1860. 

T^e encouragement which these facts afford to confidence 
in the prosperity of the company, derives further confirma- 
tion from the consideration that the increase in its income 
results from no unusual or transient causes, nor is confined 
to any particular part of its business but consists of a grad- 
ual though steady increase in every department of its busi- 
ness. 

In accordance with the resolution of the last annual 
meeting of the Stockholders, the Board of Directors pro- 
ceeded to have the Manchester and Petersburg turnpike put 
in complete repair, and last November resumed the collection 
of tolls over it. A contract was also entered into with Mr. 
S. C. Forbes, by w^hich tolls will be hereafter collected 
upon it and the road kept in repair w^ithout any serious 
expense to this company. In further pursuance of the 
same resolution, an act of the State Legislature was pro- 
cured at a late period of its recent session, authorising 
the county court of Chesterfield to subscribe for and pur- 
chase the stock held by this company in the turnpike com- 
pany upon such terms as may be agreed upon between the 
said county court and the company, but no action under 
this law has yet been taken by the said county court. 

In conclusion, the Board takes pleasure in commending 
the continued zeal, fidelity and efficiency of the several 
officers and agents of the company under their supervision. 

The report of the Superintendent and of the examining 
committee fully and correctly show the condition of the 
roadway, buildings, machinery, and other projierty of the 
Company. Respectfully submitted in behalf of the Board 
of D'lrectors. P. V. DANIEL, Jn., President. 



336 



A. 

Statement of the affain of the Richmond and Petersburg Railroad 

COST OF ROAD AND PROPERTY. 

From Richmond to Petersburg, including interest, per 

statement A No. 1. - - - - $922,822 39 

Branch road to Port Walthall, including purchase of 
land, -ftharves, coal tracks and cars, - 45,539 09 



9G8,361 48 

Reconsti'uction of road, - _ - 219 852 50 

Land purchase, - - . , 21,063 04 

DEBTS DUB TO THE COMPANY. 

This company's stock taken for debt, - - 5,3TG 06 

Open Accounts, - - . . 16,968 47 



22,344 53 



Cash on hand_, - - _ . 10,038 49 



$1,241 660 04 



337 



Company, from the commencement of the work to the \st day of April, 1860. 



CAPITAL STOCK. 

Subscribed by individuals, 3,000 shares, 300,000 00 

CoQvertedloanstocliat^oO, 3,010 sliares, 150,500 00 

450,500 00 

Subscribed by the state, old stock, 2, 000 shares, 200,000 00 
new stock, 1,856 shares, 185,600 00 

385,600 00 

836,100 00 



9,866 shares entitled to equal 
dividends. 



DEBTS DUE BY THE COMPANY. 



Dividend bond to the State, - - - - 33,408 00 

Coupon bonds due July 1, 18*75, - - .- 24,500 00 

Coupon bonds due June 1, 18t5, - - - 143,500 00 

Certificates of debt for dividends, - - - 902 07 

Unclaimed interest on certificates of debt, - - ' 163 77 

Unclaimed dividends, . . . _ 1,260 00 

Bills payable, - - - _ - 5,957 35 

Open accounts, - - - ^ - * 7,975 15 



217,666 34 

Profit and loss, ----- 187,893 70 



1,241,660 04 



J. B. MACMURDO, Treasurer. 
Richmond, April 1st, 1860. 



338 



A No. 1. 



Heads of Expenditure for Construction of Road arid Purchase 
of Property to 1st Jlpril, 1860. 



Preliminary surveys, $2,896 87 

Contingent expenses, 2,675 69 

Purchase of Manchester and Petersburg Turnpike stock, 23,841 35 
Engineering expenses, ..... 32,403 99 

Real Property in Richmond, 21,917 24 

Pocahontas, • . . . . 3,200 00 
Petersburg, .... 1,928 35 

Chester, 900 00 

Land damages, ....... 22,802 26 

Graduation, . . . • ^ • • • 168,373 32 

Superstructure, . • 111,510 09 

Masonry, 72,223 29 

James River Bridge— Masonry, $49,783 03 

Superstructure, 86,050 15 

135,833 18 

Falling Creek Bridge, 10,889 30 

Swift Creek Bridge 10,027 79 

Kingsland Creek Bridge, 5,496 42 

Depots and Work Shops, 13,106 72 

Richmond Depot, 44,029 05 

Manchester Depot, 3,359 04 

Water Station, 1,181 54 

Pocahontas Depot, 8,01179 

Locomotive Engines and Cars, .... 97,508 69 

Omnibus, 1,639 83 

Officer's salaries, ...... 5,717 33 

Repairs of Turnpike at the date of purchase, . . 1,389 97 
Interest on loans, 113,099 57 

Premium on Stirling Bills, and Commis- 
sion on paying loan due in England, 6,859 72 

119,959 29 



$922,822 39 



Richmond, .fJpril Ist, 1860. 

J. B. MACMURDO, Treas'r. 



339 



B. 

Statement of Financial Affairs within the Eleven months eliding 
March 31, 1860. 



Cash on hand, April 30th 1859, .... 13,513 08 
Debts due to the Company, decreased, . . . 7,425 57 

Transportation — received this sum, .... 151,905 06 

Disbursements : 
Reconstruction of Road — increased this 

sum. 265 00 

Land Purchase — increased this sum, 2,108 71 

Debts due by the Company — decreased 

this sum, 22,733 49 

Expenses— Ordinary, 67,024 16 

Extraordinary, 7,991 69 



75,015 85 

Interest— paid this sum, . . . 13,802 17 

Dividends — paid this sum, . . 48, 880 00 

Cash in hand March 31st, 1860, 10,038 49 



$172,843 71 $172,843 71 



Richmond, April 1st, 1860. 



J. B. MACMURDO, Treas'r. 







1859, May, - - 
" June, - . 
■' July, - - 
•' August, 
• ' September, 

October, 
■' November, 
13eeeniber, 

1800, January, 
•' February, 
" March, 


> 




to 

C3 
CI 


3,412 45 
3,634 80 
3,718 35 
3,G85 45 
3,908 25 
4,548 70 
3,931 75 
3J775 60 
4.347 15 
3,665 25 
3,014 90 


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CO 


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2,585 98 
2,595 57 
3,120 19 
3,210 63 

2.929 26 
3,099 21 
3,346 60 
2.527 36 

1.930 86 
2,612 19 
3,042 79 






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13,56G 80 
13,152 33 
14,305 48- 
15,339 41 
14,928 64 
14,843 06 
13,938 09 
11.970 17 
13,407 .30 
13,261 42 
13,192 36 


p^ 



5? 






"2^ 



's. 



►^ 
*% 



341 



D. 



Statement of Transportation Expenses from May Isf, 1859, to ^ipril 

1st, 1860. 

ORDINARY. 

Repairs of Road, . . • . . 7,483 16 

Repairs of Bridges, .... 1,429 19 

Repairs of Depots and Water Stations, . 2, .567 07 

Repairs of Locomotive Engines and Tenders, 4,266 23 
Repairs of Passenger Mail and Baggage 

Cars, .:.... 3,304 73 

Repairs of Freight Cars and Flats, . 1,876 44 

Repairs of Coal Cars, .... 1,461 85 

Repairs of Shop, Tools and iVfachinery, . 284 60 

Oil and Tallow, 1;971 31 

Cotton waste, 238 03 

Wood, 4,499 53 

Train expenses, ..... 8,203 27 

Depot expenses, . . , 8,987 00 

Postage, Stationery and Printing, . . 1,441 72 

Officer's Salaries, 5,270 87 

Insurance and other miscellaneous expenses, 2,290 11 

Taxes, • 702 33 

Cattle killed by Trains, . . . . 47 00 
Lost and damaged Goods, .... 364 14 

Through travel expenses, . . . 1,542 40 

Omnibus expenses, 1,995 61 

Clover Hill Transportation expenses . 6,797 57 



EXTRAORDINARY. 

Repairs of Bridges, . . • 
Repairs of Depots and Water Stations, 
Omnibus expenses, .... 
Manchester and Petersburg Turnpike, (re- 
pairs to) . . . . • • 
New Coal Cars, ..... 
New Freight Cars, .... 
New Machinery for Shops, . 



1,567 


47 


457 


28 


. 287 


00 


5,259 59 


, 181 


80 


132 87 


. 105 68 



67,024 16 



7,991 69 
$75,015 85 



Richmond, April, \st 1860. 

J. B. MACMURDO, Treas'r. 



342 



E. 



Comparative Statement of the business of the Richmond and Petersburg Railroad 

Company, the year ending the 20th April, 1859; with the eleven months, ending 

31«< March, I860. 



Cash, 

Debts due to the Company, 

Bills receivable, 

Cost of road and property, 

Cost of Br. road and property, 

Reconstruction of road, 

Land purchase, 



Capital stock, 
Dividends due to the state, 
Certificates of debt for dividends, 
Open acc'ts due by the company, 
Coupon bonds due July 1, 1875, 
Coupon bonds due June 1, 1875, 
Bills payable. 
Profit and loss, 



1859 . 


1860 




IN 


1860. 


Decr'se of 
Dr.& Iricr. 


Incre'se of 
Dr. and 








of Cr. 


Deer, of Cr 


13,513 08 


10,038 


49 


3,474 59 




11,549 44 


22,344 


53 




10,795 09 


18,220 66 






18,220 66 




922,822 39 


922,822 


39 






45,539 09 


45,539 


09 






219,587 50 


219,852 


50 




265 00 


18,954 33 


21,063 


04 




2,108 71 


1,250,186 49 


1,241,660 


04 




836,100 00 


836,100 


00 




33,408 00 


33,408 


00 






23,055 89 


902 


07 




22,153 82 


6,431 82 


9,398 


92 


2,967 10 




24,500 00 


24, ,500 


00 






143,500 00 


143,500 


00 






9,504 12 


5,957 


35 




3,546 77 


173,686 66 


187,893 


70 


14,207 04 




1,250,186 49 


1,241,660 


04 


38,869 39 


38,869 39 



Richmond, April 1st, 1860. 



J. B. MACMURDO, Treasurer. 



SUPERINTENDENT'S EEPORT. 



OFFICE, "I 

R. R. Co., V 

■t, 1860. j 



SUPERINTENDENT'S OFFICE, 
Richmond & Petersburg 
Richmond, March Z\st, 

Peter V. Daniel, Jr., Esq., 

President : 

Sir : — I herewith submit a report of the de- 
partments under my management during the past eleven months : 

RECEIPTS, OR EARNINGS. 

From transportation of passengers, - - - $80,260 52 

From extra baggage and express freight, - - - 3,338 13 

From United States mail, - - - . . 6,737 50 

From transportation of freight, . - - 56^ 743 53 

From miscellaneous sources, _ _ - - 4,825 38 



Total receipts on earnings, ------- $151,905 06 

EXPENSES OF WORKING THE ROAD. 

For repairs of road, ------ 7,483 16 

For repairs of bridges and watching, - - - 1^429 19 

For repairs of Depot and water stations, - - 2,567 07 

For repairs of locomotive engines and tenders, 4,266 23 

For repairs of passenger, mail and baggage cars, 3,304 73 

For repairs of freight cars and flats, - - - 1,876 44 

For repairs of coal cars ------ 1^461 85 

For repairs of shop tools and machinery, - - 284 60 

For oil and tallow, ------ 1,971 31 

For cotton waste, ------- 238 03 

For wood, 4,499 53 

For train expenses, including the pay of conduc- 
tors, baggage masters, engineers, firemen, and 

brakemen, - - - - - - - 8,203 27 

For Depot expenses, including the pay of depot 

agents, hands and watchmen, - - - - 8,987 00 

$151,905 06 



Amounts carried forward, - - - - $46,572 41 



47 


00 






- 364 


14 






1,995 


61 






e,i9l 


57 






1,542 


40 


$67,024 




- 


- 


16 


. 


184,880 


90 



344 

Amounts brought forward, ... -$4057241 $151,90506 
For postage, stationery and priuting;, ... ],441 72 
For officers' salaries, _ . . . _ 5,270 87 

For Insurance on buildings and other miscellaneous 

expenses, ...-..- 2,290 11 

For taxes, 702 33 

For cattle killed by trains, .... 
For lost and damaged goods, - . - . 
For Omnibus expenses, - - - . _ 
For Clover Hill transportation expenses, 
For through travel expenses, - . - - 

Total ordainary expenses 

Balance on net income, - - . 

The cost of working the road being about M} per cent, of the ■whole receipts, 
and the cost per mile run, amounting to about 83 cts. 

The extraordinary expenses during the year, amount to $7,991 69 divided 
as follows : 

Masonry at Falling Creek bridg?3, covering Swift Creek bridge, 

and painting both bridges, ----.- 1,567 47 

Building Engine house at Chester, ----- 457 28 

Purchase of new horses and mail wagon?, - - - - 287 00 

Purchase of new freight cars, . . . - . 132 87 

Purchase of new machinery for shops, - - - - io5 68 

Piarchase of new coal cars, - - - - - - 181 80 

Manchester and Petersburg Turnpike, - - . - 5,259 59 

The amount charged to the Manchester and Petersburg Turnpike was expend- 
ed under the supervision of Mr. S. 0. Forbes, and the work has been done in a 
highly satisfactory manner. The gates which had been temporarily thrown 
open were closed in November last, and only a few of the many who travel along 
the turnpike manifest any objection to paying the tolls charged. 

An arrangement has been made with Mr. Forbes which will secure the keeping 
of the road in good order, and the company from the necessity of expending but 
little money on it for several years to come. 



The tonnage, exclusive of coal, express freight and extra baggage, amounts to 
13,829] tons, and the receipts from this tonnage are $25,742 89, being $1 97 
per ton, or $2 48 per mile run. 

Tiie coal transported amounts to 42,857 tons, delivered as follows: 

At Richmond, - - 18,455 tons, 

" Port Walthall, - - 16,648 tons, 

'* IVforsburg, - - 7,754 tons. 



346 

The receipts from the transportation of coal amounts to $31,000 64, being at 
the rate of 72 33-100 cents per ton, or a fraction over $1 09 per mile run. The 
freight of all kinds transported during the eleven months amounts to 57,269f 
tons, and the number of tons transported one mile 700,437. 

PASSENGERS. 

The number of passengers transported was 77,590, of -which 33,982 were 
through and 42,869 were local and way passengers, and of these 4,044 were 
carried on the Accommodation and 739 on the Clover Hill train. The receipts 
from passenger fareainounts to §^80,260 52, or$l 03 per passenger, and the total 
movement of passengers, or number transported one mile is 1,626,096. 

The receipts per mile run, from passengers by the mail and express trains are 
$2,62, and by the accomodation train 67 cents. For the purpose of accomoda- 
ting the members of the legislature and other persons residing in and near Peters- 
burg, having business at the seat of government, on the first day of December 
last, the accommodation was made a daily train, and it has been contjnued until 
the present time. The result, however, has not proven to be profitable in propor- 
tion to the increased expense. During the prior year, ending April 30th, 1859, the 
number of passengers carried by the accommodation train, amounted to 5,497, 
while during the past eleven mouths, they are only 4,044 and the receipts per mile 
run by the same train, was during the first named period 93 cents, while this year it 
amounts to only 67 cents, and the receipts from freight per mile carried have fal- 
len off from §3,28 to $2,48. 

EXPRESS FREIGHT AND EXTRA BAGGAGE, 

The receipts from express freight and extra baggage, amounts to $3,338 13 
being $306 41 more than was received from the same sources during the preced- 
ing twelve months. 

For full statements in detail, showing the operation for each month separately 
in all departments, I refer you to the carefully prepared tables from No. 1 to No. 12 
inclusive. 

THE ROAD. 

The road is in a good condition. During the year 3,056 new cross ties have 
been laid, and owing to the fact, that a very large number of them were put down 
in one season when the track was relaid in 1854-5, a great many are now ed- 
caying, and must be replaced during this year. The repairs of the road have 
cost $7,483 16 or $299,32 per mile, and including the repairs of bridges $356 49 
per mile. 



The bridges are in excellent order. The two over Swift and Falling Creeks 
have been well painted by the hands in the employment of the company, using 
the best white lead and oil, and the stone work at the pier at the south end of 
Falling Creek bridge has been so thoroughly strengthened and supported by good 

3 



346 

masonry as to insure its permanency. Through the liberality of W. B. Gates, 
Esq., the owner of the property at this point, I was enabled to repair all the 
stone work of this bridge in a very satisfactory manner and with little cost. The 
bridge at Swift Creek has been covered with felt roofing. Advantage was taken 
of the opportunity afforded by the low water in James river, last fall, to remove 
the rubbish which accumulated around the pillars of this bridge, and to point 
up all portions of the stone work which required it. 

As a security against the settling of the embankment at the south end of this 
bridge, I would recommend the building of a wall uniting together those which 
were built at the erection of the bridge. Oa the 12th of March last a whirlwind 
passed in an oblique direction across this bridge and striking it with great vio- 
lence tore up a portion of the covering half the width of the bridge and about 
seventy-five feet long. The sills and track which were fastened to the floor were 
carried with it into the river, and the passage of trains was prevented for forty- 
eight hours, the passengers and baggage being received and delivered at the 
Manchester crossing. The cost of the ordinary repairs of all the bridges, with 
the payment of watchmen and insurance, amounts to f2,316 19. The extra stone 
work, painting and covering roof during the year to $1,547 Ul. 



All the buildings are in good order. During the past year, a house for shel- 
tering the engines and tenders has been built at Chester. It measures 125 by 18 
feet. The cost of repairs of depots and water stations amounts to ^1,486 47. 

LOCOMOTIVE ENGINES AND TENDERS. 

There are ten of these all in good order at present. The cost of repairs during 
the year amounts to §4,266 2.3, or 5 25-100 cents per mile run. The amount 
charged to each for repairs and also their consumption of Avood, oil, &c., will be 
found in tables No. 10 and 11. The detection of the Master Machinist, Saml. 
Peters, in embezzling the property of the company last summer (for Avhich he 
•was arrested and by forfeiting his bail escaped a trial) caused his discharge, and 
Mr. John Clark, who has been in the employment of the company for many 
years, was appointed in his jilace. 

ROLLIXG STOCK OR CARS. 

These are in good condition. There are 1 first class and 5 second class pas- 
senger cars, 3 baggage and mail cars, 22 bo.x cars, 22 flats, 2 stock cars, 1 seventy 
five bushel, 2 eighty bushel. 69 one. hundred bushel, and 68 one hundred and 
twenty-five bushel, making 146 coal cars. There are also 4 gravel, 4 pole and 
3 crank cars. 

Only two bo.x cars have been built and added to the number on hand, but 
many of the old cars (some of which had been in use from ten to fifteen years,) 
have been entirely renewed in all the wood work, and the same will have to be 
done with many others still in use. The cost of repairs is.'?6,643 12, and the 
two new cars, without the wheels and axles, cost i?314 67. The want of shelter 



347 

for the rolling stock of the company exposes it to all the changes in the weather, 
and the losses from this cause have cost more than would have been required to 
erect shelters. 



There are 3 omnibusses, T baggage and mail wagons, 4 street wagons, 2 carts 
and 14 horses, the joint property of this and the Richmond, Fredericksburg and 
Potomac Railroad Company. Our proportion of the expenses amounts to 
$2,282 61. 

M.A.TERIALS ON HAND. 

The value of materials on hand, consisting of iron, steel, lumber, oil, &c., is 
$1, 327. Sec table No. 14 for inventory. 

ACCIDENTS. 

On the Yth June last some evil disposed person displaced the switch at Man- 
chester turnout, by which the early morning train going south was thrown off 
the track and the engine "Mazeppa," the tender, baggage and servant's cars 
were badly broken. 

On the 20th of December, through the carelessness of a party having the use 
of a switch key at Half Way Station, a similar accident occurred at this place, 
and the engine, ''Baldwin," the tender and baggage car were slightly injured. 

A truck axle of the engine "Black Diamond" was also broken on the Clover 
Hill Railroad, on the 20th of March, by which considerable damage was done 
to the engine, but it is gratifying to add that by none of these casualties or in 
any of the operations of the company, has occurred the slightest injury to any 
persons. 

Several attempts have been made to injure the property of the company by 
placing obstructions on the track, but fortunately the vigilance of our employees 
have, in every instance prevented their success. As it 'has been the policy of 
the company to afford all accommodations to every individual who lives on or 
near the road, and to make it so far as possible, a convenience for the people of 
the country through which its trains pass, in the absence of any complaint, it is 
difficult to surmise the cause M'hich prompted these acts. But as nothing of the 
kind has occurred since December last, it is to be hoped that they have ceased. 

In conclusion, I have to state with pleasure that every officer, agent and em- 
ployee of the company performs his duties with such fidelity and promptness as 
to render great assistance in every department of the operations of the Company . 

For a list of the same and pay of each, see table No. 13. 

Respectfully submitted, 

THOS. H. WYNNE, Suj)i. 



t3 :- 



fe, -s 



s tt. 



■"I" ^ 



"S^ 








•sjdiaoaa I^loX 


£ 

€& 


13,566 80 
13,152 33 
14,305 48 
15,3.39 41 
14,928 64 
14,843 06 
13,938 09 
11,970 17 
13,407 .30 
13,261 42 
13,192 36 






•sidiDoaH 
snoouBiiaosiMI 




1.58 96 
190 84 
599 04 
201 75 
613 69 
408 68 
1,126 78 
1.58 .50 
667 65 
429 02 
270 47 


1 




•agcSSEa BJJX3 
pue )t|S!3Jj ssojdxg 




259 64 

288 92 
20.3 04 
228 47 
284 81 

289 89 
278 58 
372 38 
331 70 
275 90 
524 80 


CO 
X 

CO 




•[IBUI saiiiJt? pajiun 


'•J 


612 50 
612 .50 
612 .50 
612 .50 
612 ,50 
612 .50 
612 .50 
612 50 
612 .50 
612 50 
612 .50 


CO 

I- 




•ajcj JoSiiosscj 


v 
^ 


6,453 .56 
6,014 61 
6.863 26 
7;638 73 
8,748 .33 
8,243 33 
6,979 01 
6,996 12 
8,014 94 
7,541 83 
6,766 80 


CI 

o 

s! 




•sja3uassi)j | 
JO laquinN jBlox ) 


COrjCO^TTOCOXCIClCl 

coo»ooco-^xxdooic 
^S^xco_^^^t-__i-^x^Ti-^-t r-^ 

LO^ifTco t^ '£ r.ri-^cD'i--*r^co" 


1 




•SjSuassBd |i!H 'Aoij 1 


X O TT X Cl CI CO CO O CI -^ 

-^ CO lo o Oi t^ C7J -g* lo Lo o 


P.I 


i 


•sjaSuassBj 
Xbav PUB IBOOT 


North 

1,697 
1,798 
2,246 
2,077 
1,984 
2,271 
2,114 
1,971 
2.327 
1,881 
1,542 


00 

o 
CI 




•sjaSuassBj 

Xb^ pUB [BOOT 


South 

1,553 
1,718 
2,249 
1,716 
2,065 
2,200 
2,059 
2,041 
1,984 
1,876 
1,497 


O 1 
CI 




•sjaSuassBj qSnojqx 


o 
2; 


1,224 
1,188 
1,444 
1,772 
1,359 
1,007 
1,775 
1,126 
1,334 
1,820 
1,689 

15,738 


! 
i 


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m 


— -ro.-^oci'J'Cicoo 
TTCOcococccn-^oftt^i^ 

05 l^ X CO OS ^ i^ t^l^t' C^ 


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od" 




•jtinouiv 




6,082 14 
6,045 46 
6,027 64 
6,657 96 
4,669 31 
5,288 66 
4,941 22 
3,830 67 
3,780 51 
4,402 17 
5,017 79 


CO 

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1859, May, 
June, 
July, 
Aug. 
Sept. 
Oct. 
Nov. 
Dec. 

1860, Jan. 
Feb. 
Mar. 


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aSoDooxxx 



349 



NO. 2.— RICHMOND AND PETERSBURG RAILROAD. 

Statement of Local Passengerx between Bichmond and Petersburg, for the eleven 
months, ending MarchZXst, 1860. 

NORTinVARDLY. 





Way Pas- 


Way 


Pas- 


Petersburg 








sengers 


sen 


s-ers 


to 


Total. 






set down. 


taken up. 


Richmond. 




Grand 


Month. 














Total. 


tn 1 m 


OT 




tn 




to 








^ 


a> 


M 




•^ 




^ 


























A 


Oj 


ja 




J 


eS 


.a 


ci 






^ 


P9 


^ 


pq 


^ 


W 


^ 


cq 
226 




1859, May, 


39 


6 


60 


39 


1,372 


181 


1,471 


1,697 


June, 


110 


26 


97 


52 


1,198 


315 


1,405 


393 


1,798 


Juh% 


476 


10 


72 


42 


1,409 


237 


1,957 


289 


2,246 


August, 


127 


19 


85 


32 


1,443 


371 


1,655 


422 


2,077 


September, 


254 


16 


87 


37 


1,366 


224 


1,707 


277 


1,984 


October, 


104 


16 


65 


35 


1,787 


264 


1,956 


315 


2,271 


November, 


152 


16 


40 


24 


1,665 


217 


1,857 


257 


2,114 


December, 


136 


81 


54 


59 


1,288 


353 


1,478 


493 


1,971 


1860, January, 


105 


16 


70 


87 


1,657 


392 


1,832 


495 


2,327 


Februarj, 


164 


10 


56 


19 


1,400 


232 


1,620 


261 


1,881 


March, 


135 


5 


39 


30 


1,157 


176 


1,331 


211 
3,639 


1,542 


Total, 


1,802 


221 


725 


456 


15,742 


2.962 


18.269 


21,908 



SOUTHWARDLY. 





Way Pas- 


Way 


Pas- 


Richmond 










sengers 


sen 


3-ers 


to 


Total.' 






set down. 


taken up. 


Petersburg. 






Grand 


Month. 














Total. 


m 1 m 


5P 




ra 1 


?^ 








^ 


-iii 


M 




.a 




^ 


























Xi 


01 


.a 


a 


^ 


a 


J 


03 






^ 


PQ 


^ 


M 


^ 


M 


^ 


M 




1859, May, 


33 


15 


89 


16 


1,262 


138 


1,384 


169 


1,553 


June, 


130 


30 


76 


38 


1,161 


283 


1,367 


351 


1,718 


July, 


486 


29 


116 


27 


1,386 


205 


1,988 


261 


2,249 


August, 


163 


33 


67 


26 


1,208 


219 


1,438 


278 


1,716 


September, 


291 


16 


99 


35 


1,357 


267 


1,747 


318 


2,065 


October, 


119 


20 


86 


25 


1,720 


230 


1,925 


275 


2,200 


November, 


148 


20 


91 


18 


1,626 


156 


1,865 


194 


2J359 


December, 


137 


91 


67 


70 


1,362 


317 


1,566 


478 


2,044 


1860, January, 


146 


52 


70 


33 


1,393 


290 


1,609 


375 


1,984 


February, 


189 


17 


78 


30 


1,302 


260 


1,569 


307 


1,876 


March, 


142 


22 


63 


19 


1,119 


132 


1,324 


173 


1,497 


Total, 


1,984 


345 


902 


337 


14,896 


2,497 


17,782 


3,179 


20,961 



fiTummary.— Northwardly, 21,908, Southwardly, 20,961. Total, 42,869. 

M. W. YARRINGTON, Auditor a7id Supt's Clerk. 



350 



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t3 


^ 


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bo 


« 


s 


u 


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H 


f5 


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i^ 


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IW 


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a. 


p^, 




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<s 


;z; 


-^ 


o 


K 




o 


o 


1^ 






e 
^ 



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1 


cv;r>.~5coot— -t~->.'5Tj<ajco 

J- CO o c: CO 00 .— o CO i~ c; 

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moocooi^^Cicocoino 

T^.q-incOiCX— COCOJ^COOO 


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o 
IC 

00 

CO 


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o 

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•sqi 
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33,600 
13,737 
17.052 
11, GOG 
24,613 
34,094 
23,654 
14,577 
41,866 
24,764 
50,693 


CO 
C<J 


sno3ni3ip.:)S!j5 


80,528 

75,700 

62,01G 

158,566 

108,447 

222,419 

110,210 

90,596 

119,857 

117,297 

113,965 


1 rt 

© 

o 
in 


•poj '.rcqranq 


1,247 

333 
306 

1,417 


CO 

o 

CO 

co" 


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pUB ^J9UiqO'BI\[ 


14,762 
37,340 
19,152 
28.479 
25,396 
58,146 
28,081 
47,810 
59,778 
35,030 
17,965 


CO 

1— 

CO 


•sqi 'uojj 


19,146 

11,285 

11,663 

3,710 

8,252 

10,567 

1,777 

6,852 

12,582 

5,358 

19,387 


in 


S3J[Tdg jy snB|s[ 


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in 

00 


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1859, May, - - , , - 
June, - - - - - 

July, 

August, . , - - 
September, ^ - - - 
October, - - _ _ 
November, - - - - 
December, - - . - 

1860, January, - - . - 
February, - - - - 
March, - - - - - 


2> 

o 
El 



361 



•|unouiY 


2,687 94 

2,770 24 

2,172 58 

2.460 83 

937 91 

1,107 95 

858 05 

722 16 

1,031 17 

873 86 

980 79 


00 
CO 

e 

CO 
CO 

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ci 

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00 
i- 

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cooooooooco 
ooooooooooc 
cT c" cT o" o icT cT irT cT irf irT 
oocioooocO'a'CDcoc<ii--* 


Miscel- 
laneous 
Freight 


6,238 

34,655 

400 

300 

21.378 
12.154 
41,220 
14.411 

1,000 




CO 


CO 
C<! 


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1,325 
628 

12,265 
321 

587 


CD 

12 


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1,482 
501 

753 

207 
763 


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426 
1,535 
2,332 
2,215 
1,745 
1,910 
1,130 

935 


oo 

CM 


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OOO-^SIOOOTOC'OS 
C-5 ■* C-l CO C^ O CO CO 
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oc" 


c 


J 


1859, May, - 
June, 

July, - - 
August, 
September, 
October, - 
November, 
December, 

1860, January, 
February, - 
March, 


O 



m CO in 

00 O 00 

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r ^. H 



353 



NO. 4.— RICHMOND AND PETERSBURG RAILROAD. 

Statement of through Passengers, for the eleven months, ending March Z\st, 1860. 

SOUTHWARDLY. 













From Richmond 












a 


to Weldon and 




Month. 






i ° 

9 P 


fcX) 

S.S 


Gaston 




Total. 






0-< 














Whites. 


Blacks. 




1859, May, 


186 


86i 


91 


112 


251 


215 


941i 


June, 


106 


90 i 


70 


131 


207 


130 


734* 


July, 


142J 


74 


68 


138 


273 


165 


860; 


August, 


669 


108^ 


59 


118i 


311 


365 


1,631 


Sept'r, 


l,201i 


243 


185 J 


206^ 


534 


594 


2,964J 


October, 


649 


189^ 


158i 


194i 


419 


580 


2,190| 


Nov'r, 


384 


133| 


91 


187* 


320 


626 


1,742 


December, 


.322^ 


136^ 


88i 


208| 


352 


596 


1,704 


1860, January, 


184^ 


114f 


102* 


112^ 


485 


733 


1,732 ■ 


February, 


509 


202 


99 


181 


292 


490 


1,773 


March, 


748 


240i 


159 


222 


249 


352 


l,970j 


Total, 


5,102 


1,619 


1,172 


1,812 


3,693 


4,846 


18,244 



NORTHWARDLY. 





.5 


^ A 
^■^ 


From Weldon 


, 






J 


'^'S 


and Gaston to 


0) 




Month. 


% 


^« 


Richmond. 


1> 


Total. 




P 


O 03 




S s 












fe 


fe 


Whites. 


Blacks. 


fe 




1859, May, 


530 


193 


314 


73 


114 


1,224 


June, . 


620 


190 


180 


64 


134 


1,188 


July, 


719 


186 


234 


94 


211 


1,444 


August, 


864 


252 


303 


155 


198 


1,772 


September, 


410 


353 


232 


179 


185 


1,359 


October, 


387 


1.36 


238 


122 


124 


1,007 


November, 


1,143 


132 


161 


192 


147 


1,775 


December, 


596 


187 


157 


71 


115 


1,126 


1860, January, 


748 


152 


215 


159 


60 


1,334 


February, 


1,067 


247 


217 


145 


144 


1,820 


March, 


843 


375 


205 


109 


157 


1,689 


Total, 


7,927 


2,403 


2,456 


1,363 


1,589 


15,738 



Total number of through passengers, each direction, 33,982. 

M. W. YARRINGTON, Auditor and SupV s Clerk. 



35S 



No. 5. 
RICHMOND AND PETERSBURG RAILROAD. 



Statement of the number of Passengers transported on the Road du- 
ring eleven months ending March Zist, 1859. 



SOUTHWARDLY. ■ 






Through passsengers. - . _ . 
Local passengers, . - - _ 


18,244 
20,961 


39,205 






NORTHWARDLY. 






Through passengers, 

Local passengers, . - - . 


15,738 
21,908 


37,646 






Passengers between Richmond and Petersburg 
and Clover Hill, . - - . 




739 



Total number of passengerS; . - - 
Equal to 1,626,096 passengers transported one mile. 



77,590 



M. W. YARRINGTON, Auditor 
And Superintendent's Clerk. 



354 



No. 6. 

RICHMOND AND PETERSBURG RAILROAD. 

Slatemetit of Coal Transported from Clover Hill during the eleven months ending 

March Zlst, 1860. 



Month. 


13 

C . 
O ai 

©St; 




oPort 
hall. 

els. 


egate 
ber of 

els. 




Amount. 




H J.C 


^ s-f 


^^■S 


aa-g 


a 










^m 


blJ3 3 


o 






P5K 


ChCc 


<!t5m 


H 




1859, Mav, 


32,325 


6,140 


81,985 


120,450 


3,764 


2,585 98 


June, 


36,870 


15,570 


66,175 


118,615 


3,707 


2,595 57 


July, 


71,490 


6,175 


59,700 


137,365 


4,293 


3,120 19 


Ausi'ust, 


4'7,T65 


29,160 


68,020 


144,945 


4,529i 


3,210 63 


September, 


48,660 


34,625 


46,685 


129,970 


4,061^ 


2,929 26 


October, 


64,900 


38,325 


30,720 


133,945 


4,186 


3,099 21 


November, 


66,135 


36,930 


43,115 


146,180 


4,568 


3,346 60 


December, 


52,785 


23,615 


33,820 


110,220 


3,444^ 


2,527 36 


1860, January, 


57,925 


21,455 




79,380 


2,480i 


1,930 86 


February, 


64,310 


20,855 


26,760 


111,925 


3,498 


2,612 19 


March, 


47,355 


15,285 


75,750 


138,390 


4,325 


3,042 79 


Total, 


590,520 


248,135 


532,730 


1,371,385 


42,857 


$31,000 64 



Transported to Richmond, 
" to Petersburg, 

" to Port Walthall, 

Total, . . - - 



590,520 bushels — 18,455 tons. 
248,135 " 7,754 " 

532,730 " 16,648 « 



1,371,385 



42,857 



M. W. YARRINGTON, Auditor and Sup'fs Clerk. 



355 



No. 1. 
RICHMOND AND PETERSBURG RAILROAD. 

Monthly Statement of Freight Transported from Clover Hill to Richmond, for the 
eleven months endinr/ March 31s<, 1860. 







m 

^ 




,Q 


52 m 




Month. 


o 


O 


J^ 




§S 


,o 






o 
OS 




03 


-HI ho 

g-3 










-a^ 


Xi 








H 


H 


^ 


^ 


S 


o 
H 


1859, May, 


49 


74,200 






2,960 


77,160 


June, 


lY 


25,500 






1,140 


26,640 


July, . . . 


20 


30,000 








30,000 


August, 


'nh 


30,500 


1,611 


83,970 


44,718 


159,188 


September, 


21 


31,200 


530 


31,530 


14,725 


77,455 


October, 






1,570 


94,200 


36,030 


130,230 


November, 






1,778 


112,240 


58,398 


170,638 


December, . 






580 


34,800 


14,120 


48,920 


1860, January, 










17,884 


17,884 


February, . 


6 


3,495 


676 


40,560 


45,750 


89,805 


March, . 






376 


22,560 


400 


22,960 


Total, 


135| 


194,895 


7,121 


419,860 


236,125 


850,880 



Total number of tons, 425^ 



M. W. YARRINGTON, Auditor and SupHs Clerk. 



356 

No. 8. 

RICHMOND AND PETERSBURG RAILROAD. 

Statement of Tonnage transported to and from Clover Hill, during 

the eleven months ending March ^\st, 1859. 
f 

From Clover Hill to Richmond. 

Tons. Tons. 
Tobacco, 135| hogsheads, . - - . 9 7| 

Wheat, 7,121 bushels, - - . . 210 

Miscellaneous Freight, - - - - - 118 

Total, .... 425i 

From Richmond to Clover Hill. 

Miscellaneous Freight, consisting of Groceries, Corn, 
Dry Goods, Castings, Furniture, Guano, &c., Stc, 732^ 

Total, .... 732i 

From Clover Hill to Petersburg. 

Tobacco, 2 hogsheads, - - _ . . 1 1. 

Wheat, 1,386 bushels, 41^ 

Miscellaneous Freight ..... i. 

Total, .... 43 

From Petersburg to Clover Hill. 

Miscellaneous Freight, consisting of Groceries, Guano, 

&c., «^-c., UH 

Total, .... 1411 

From Port Walthall to Clover Hill. 

Hay, Powder, Oil, Corn, &cc., &.c., ^'c, - - 8-^ 

Total, - . - - 8^ 



Total Tonnage exclusive of Coal, l,351i 



M. W. Yarrington, Auditor tS' Supt's. Clerk. 



■.5.)i 



No. 0. 

RICHMOND AND PETERSBURG RAILROAD. 

Mo7ithly statement of the amounts collected on the Passenger Trains, 
for the transportation of Extra Baggage, and Express Freight, du- 
ring the eleven months ending March 31^/, 1860. 



Month. 

1859.— May, 
June, 
July, 
August, 
September, 
October, 
November, 
December, 

1860. — January, 
February, 
March, 



Total, 



Extra Baggage. 


Express Frei 


ight Total. 


- 43 75 


215 89 


259 64 


- 42 75 


246 17 


288 92 


32 75 


170 29 


203 04 


- 42 60 


185 87 


228 47 


49 25 


235 56 


284 81 


- 44 60 


245 29 


289 89 


- 52 25 


226 33 


278 58 


46 25 


326 13 


372 38 


5Q 00 


275 70 


331 70 


- - 36 50 


239 40 


275 90 


- 53 00 


471 80 


524 80 


$499 70 


$2,838 43 


$3,338 13 



M. W. Yarrington, Auditor Sr Supfs. Clerk. 



Q 
<j 
O 
P3 

< 

P3 
H 

Q 

Q 
o 

W 
a 



"^ 















•^ 





Sii 

u 


0--------- 

■a 

§ 

•a— oi £ IK m 

tab-- K^sa^- 






•iin.i sjijui 001 U>"'<> 
oj pasn '|!o pne pooM 
lo put! 'sjM'd.iji .10 jsoo 









■un.i so[iiu 
001 oj pasn [jO suojiwo •om 




- 




•pasn iJO JO SU0UC3 


^<T!O2-"tOTi-r300(M 






•saiim 001 01 pooM sp,o •o/sl 




Tf 




•pasn pooM JO spjoo 


TTOiCOtO'-OCOOOOOX 

iCTO — oco^c^;^o 

— tc .- — CO (>! to -^ 


CO 

Co" 




•una sdi!i\[ 
001 OJ sjiBdaa JO JSOO 




CO 


•3' 




•s.iredaa JO jsoo 


65 73 
82 02 
564 19 
350 29 
234 19 
86 24 
609 48 
443 04 
262 14 
377 30 


to 

CO 




•unj 
S3I!I\I JO laquinii lejox 


3,965 

1,305 
12,393 
11,158 

2,777 
11,095 

4,761 
15,.599 
15,491 

2,649 


CO 

02 

00 




puB laABjg qj!A\ una sanixi 


3,965 
160 

10,374 






•SUIBJX 

IBOO qiiM nnj saiii\[ 


1,100 

12,348 

11,158 

53 

3,554 


CO 

00" 
01 

00 




•SUIBIJ, 

H[2i8ij njiM unj sanivi 


1 1 1 1 i-i t~ 1 uo O) — 

-HO coco — 

--< CO ^^ -H rH 




•sutB.ix JaSuassB J 
piiBitSiajji iiiiAv 'in.i S3iii\[ 


^ C^ "M 

1 re 1 1 to CO — to to (M 
co'ro'-T 






•suiBax 
iaSuassBj ipi-u unj saitjv[ 


45 

2,149 
334 
792 
11,703 
11, .597 
1,515 


2 




•S3l(0Ul 

HI ajfOJjc) JO qiSuaT 


tOtOtO'OOOOOOOOO^ 
— — — — (M _ -^ C! — OJ 




•souoiii 
UI japuii.^o JO J3}aiuB!(j 






•jaaj 
UI SiBAUQ JO jajauiEfd 


■^coco-^r-^TTiOiO-^iO 




•SJ^AUQ JO jaquinx 


•^tOtO-^'S"*'*-*'^'* 




•pBoa am uo paoBid uai[A\ 


838 
846 
847 
848 
852 
8,52 
853 
854 
854 
857 












u 
n 

.J 

n 


Bolton & Hicks, 
M. W. Baldwin, 

do. 

do. 

do. 
Burr & Ettcnger, 
J. R. Anderson, 
M. W. Baldwin, 
R. & P. R. R. Co. 
U. Wells. 




2; 


Phoenix, 

J. H. Cox, 

Black Diamond, 

Pocahontas, 

Cliesterficid, 

Henrico, 

Clover Hill, 

M. W. Baldwin, 

Mazeppa, 

T. Dodamead, 





'^6 c c 






■S.ct-O 
" cTo o 



359 



RICHMOND AND PETERSBURG RAILROAD. 
No. 11. 

Statement of miles ritn by Trains of all kinds for the eleven months, ending March 

Z\st, 1860. 























a 


fa 






r« 








Month. 


03 
o 

fco 


t3 
bo a 


g 


m 

a 
'3 


.9 
'S 

H 
"3 


a 
t 


'3 


Total. 




a 




t>0 


H 




> 


o 








CCfH 




cS 


■+- 


^ 


o 






Ph 


PM 


fe 


O 

o 


s 


o 


^ 




1859, May, 


2,650 


577 


268 


2,449 


310 


340 


420 


7,014 


June, 


2,581 


579 


220 


2.353 


345 


592 


230 


6,900 


July, 


2,413 


579 


90 


2,769 


310 


575 


340 


7,076 


August, 


2,681 


622 


129 


2,937 


530 


640 


285 


7,824 


September, 


2,513 


579 




2,489 


615 


587 


385 


7,148 


October, 


2,560 


734 


95 


2,722 


590 


550 


400 


7,651 


November, 


2,430 


1,201 


45 


2.916 


340 


335 


505 


7,772 


December, 


2,673 


1,216 




2,309 


405 


90 


540 


7,233 


1860, January, 


2,578 


1,144 




1,952 


660 


90 


665 


7,089 


February, 


2,425 


1,112 




2,573 


290 


355 


660 


7,415 


March, 


2,631 


1,156 




2,744 


780 


260 


500 


8,071 


Total, 


28,135 


9,499 


847 


28,213 


5,175 


4,394 


4,930 


81, 19^ 



SUMMARY. 

Miles run with Passenger Trains, 

" " Passenger and Freight Trains, 

" " Freight Trains, 

" " Coai Trains, 

" " Material Trains, 

" " Gravel Trains, 

" " Wood Trains, 



28,135 

9,499 

847 

28,213 
5,175 
4,394 
4,930 



81,193 
M. W. YARRINGTON, Auditor and SupHs Clerk. 



360 



No. 12. 



Business of the Richmond and Petersburg Railroad, during the eleven 
months ending March Slst, 1860. 



Tonnage. 

Coal transported in tons, .... - 42,857 

Tobacco transported in hogsheads, ... 10,4.53^ 

Cotton transported in bales, ... - 3,802 

Express freight and extra baggage, in tons, - - 583t] 

Total amount of freight of all kinds, in tons, - - 57.269| 

Number of tons transported one mile, - . . 700,437 

Miles run by freight engines,* . . - . 10,346 

Miles run by coal engines, . - - . - 28,213 

Receipts per mile run by freight trains, in cents, - 248 

Receipts per mile run by coal trains, in cents, - - 110 

Passenger Travel. 

Whole number of through passengers, ... 33,982 

Whole number of local and Clover Hill passengers, - 43,608 

Total number of passengers transported, - - 17,590 

Passengers transported one mile, ... 1,626,096 

Miles run by passenger engines, .- - - - 28,13.5 

Receipts per mile run by passenger trains, in cents,! - 213 

Receipts of Road. 

From freight on coal, - - - $31,000 64 
From miscellaneous freight, - - 25,742 89 

From express freight, and extra baggage, - 3,338 13 

Total from freight, $60,081 66 

From passsenger travel, - - $80,260 52 

From transportation U. S. Mail, - 6,737 50 

Total from passenger and U. S. Mail. - $86,998 02 



♦This includes 9,499 inilos run by passenger and froiglit trains coniieoted. 

friiis includes tlie mileage of freiglit and passenger trains wlien combined. The receipts 
per mile run from passengers by mail and express passenger trains, are ^'i^'i, and by acioni- 
niodation train, (i7 I'ents. 



361 



No. 13. 



List of Officers, JIgenis and Employees upon the Richmond and Pe- 
tersburg Railroad, and the pay of each, March ^\st, 1860. 



Peter V. Daniel, Jr., President, - per annum, $2,000 00 
Richard Barton Haxall, "^ 
Charles Ellis, 

Charles S. Mills, M. D., y Directors. 
Francis E. Rives, j 

Roscoe B. Heath, j 

James B. Macmurdo, Treasurer, - per annum, 1,750 00 
Thomas H. Wynne, Superin-tendent, - " 2,000 00 

M. W. Yarrington, Auditor and Superin- 
tendent's Clerk, . - - " 1,000 00 
John N. Parker, General Freight and 
Ticket Agent, . - - - 
Jonathan Nesbitt, Freight Clerk, - - " 
Richard Furt, Freight and Ticket Agent 

at Petersburg, _ . - - " 

Edgar A. Bledsoe, Fi'eight Cleik, - " 

Asa R. Smith, Agent Clover Hill, 
R. E. Morris, Assistant, ..." 

F. W. Myer, Agent Chester and Engi- 
neer of Stationary Engine, - - " 

T. W. McCrary, Conductor, - - per month, 

W. R. D.iniel, " - - 

R. E. Mitchell, Bagga^^e Master. 

W. L. Yager, 

James Eiuoughty, Ouinibus Manager, - " 

H. T. Metcair, Yard Ma-ter, - - 

F. P. Redford, Storekeeper, 

George W. Curtis, Engine Runner, - " 

Joseph Mann. " " - " 

NatlianielS. Walker, " 

W. D. Jester, 

William Jevvett, " " - " 

Joseph Mittendorf, C;ir Inspector, - - per day, 

Henry Kuhle, Assistant, ^' • - - " 

Depot and Bridge Watch men, average of $1 07 per day, 

John Mackins, Section Mnster, - - per month, 

B. Cummings, " " - . " 



1,000 


00 


360 


00 


900 


00 


240 


00 


720 


00 


400 


00 


480 


00 


5.5 


00 


55 


00 


40 


00 


40 


00 


50 


00 


65 


00 


50 


00 


70 


00 


70 


00 


70 


00 


70 


00 


70 


00 


1 


75 


1 


15 


45 


00 


45 


00 



362 

12 Free Firemen and Train hands, average price per day, 1 00 

John F. Clarke, Master Machinist, - per month, 66 67 

2 Machinists, average price per day, - - - 171 

1 Apprentice, per week, 5 50 

John Whitlock, Master Blacksmith, - per month, 65 00 

1 Blacksmith, per day, 1 90 

J, W. Berry, Master Carpenter and Road 

Master, per month, 75 00 

4 Carpenters, average price per day, ... 1 58 

A. M. Barrett, Painter, 1 67 

Slaves. 

At Richmond Depot and Office, ... ]2 

" " Omnibus and Wagon drivers, - 4 

" " in Shops, (four of them mechanics,) - 8 

" Petersburg Depot, ..-.-- 7 

" Clover Hill and other Stations, - - - 6 

As Fireman and Train hands, - - - - 2 

As Section men on repairs of road, - - - 8 

On Material and Gravel Train, . . - - 7 



363 



No. 14. 
Statement of Materials on hand, March Zlst, 1860. 



Coal Car Wheels and Axles, fitted up, 

" " " " not fitted up. 

Engine and Car Wheels, - - - 
Axles for Cars and Engines, 
Iron Castings, . - - 

Bi-ass Castings, . . - 

Copper flues, - . - 

Iron Wire, Sheet Lead, Packing, &c.. 
Extra new work fitted up. 
Iron and Steel, . . - 

Smoke Stacks and Lanrips, 
Cast Steel, . . . - 

Car and Tender Springs, 
Cast Iron Tire, ... 

Wrought Iron Tire, . . - 

Cross Ties, .... 

Railroad Iron, ... 

Lumber, .... 

Castings, .... 



100 


00 


400 


00 


450 


00 


180 


00 


300 


00 


700 


00 


300 


00 


80 


00 


- 100 


00 


300 


00 


200 


00 


25 


00 


100 


00 


130 


00 


312 


00 


1,500 


00 


400 


00 


1,600 


00 


150 


00 


$7,327 00 



TWENTY-SIXTH 
ANNUAL MEETING 

OF THE 

STOCKHOLDERS 

OF THE 

EICHIOND AND PETERSBURG 

EAILROAD COMPANY, 

AT 

THEIR GENERAL MEETING, 

AND 

REPOETS 

MADE BY THE PRESIDENT, DIEECTORS AND SUPERINTENDENT 

TO THB 

STOCKHOLDERS, 

MAT 28TH, 1861. 



RICHMOND: 

H. K. ELLYSON, PKINTEB, 130 MAIN 5TEEET. 

1861. 



TWENTY-SIXTH 
Held ox Tuesday, May 28Tn, 1861. 



At a meeting of the Stockholders of the Richmond and Petersburg Rail- 
road Company, held at the office of the Company in Richmond, on Tuesday, 
the 28th day of May, 1861 : 

Gustavus A. Myers was appointed Chairman, and M. W. Yarrington Se- 
cretary. 

The Chairman appointed Messrs. R. B. Heath, R. B. Haxall, and P. J. 
Archer a committee to examine proxies. 

The committee reported that they had examined the proxies, and found 
them to agree with the list laid before them by the Treasurer ; which report 
was received and approved. 

There being present in person and by proxy private stockholders entitled 
to 1,516 votes, and the proxy of the Board of Public Works, Wm. F. Wat- 
son, Esq., entitled to 1,010 votes, being equal to two-thirds of the votes of 
the private stockholders, in all 2,526 votes, (the whole number of votes that 
could be given by all of the stockholders being 3,545 votes,) the meeting 
proceedeed to business. 

Whereupon the annual report of the Board of Directors, with its accom- 
panying documents, were laid before the meeting, and after having been 
read and examined, on motion, were received and ajoproved. 

The following report of the committee of examination was laid before the 
meeting, and on motion was received and approved. 

The committee appointed at the last meeting of the stockholders of this 
Company to examine the road, &c , beg leave to make the following report. 
We have examined the road from Richmond to Petersburg, the workshops 
and machinery belonging to the Company. We find the road in excellent 
condition. The workshops, depots, machinery, &c., all appear to be in 
good order and well arranged, A portion of the committee have examined 
the books in a general way, and report them accurately aud neatly kept. 
Respectfully submitted. 

BOLLING W. HAXALL, 
WM. W. HARVIE, 
S. T. BAYLY, by 
W. W. HARVIE, 
L. S. JOYNES. 



368 

On motion of Koscoe B. Heath, Esq., 

Resolved, That the President and Treasurer of this Company be authorized to issue re- 
gistered bonds in lieu of the coupon bonds of this Company now outstanding to f uch 
persons as may desire to make such exchange ; and it is hereby expressly understood and 
agreed that the registered bonds so issued shall be secured by any lien heretofore given 
to secure the said coupon bonds, and that such lien shall not be in any manner aflected or 
impaired by such exchange of bonds. It shall be the duty of the Board to have the cou- 
pon bonds so received in exchange cancelled at or before tho term of issuing the said re- 
gistered bonds. 

On motion of P. V. Daniel, Esq., 

Resolved, That the subject for compensation for mail service and for other transporta- 
tion performed for the Confederate States shall be referred to the Board of Directors for 
such action as they may deem expedient. 

Messrs. Wirt Kobinson, Robert Leslie, Levin S. Joynes, Wm. W. Har- 
vie, and Saml. T. Bayly, were appointed the committee of examination. 
The meeting then proceeded to the election of officers, whereupon Charles 
Ellis, Esq., was unanimously elected President of the Company, and 
Messrs. Richard B. Haxall, B. W. Haxall, and Dr. Charles S; Mills were 
unanimously elected Directors on behalf of the stockholders. Messrs. 
Francis E. Rives and Roscoe B. Heath were announced to have been ap- 
pointed Directors on behalf of the State. 

Resolved, That the President talce such measures in regard to publishing the report of 
the President and Directors, with the accompanyin;^ documents and proceedings of this 
meeting as he may deem expedient. 

On motion, the meeting then adjourned. 

GUSTAVliS A. MYERS, Ghairman. 

M. W. Yakbington, Secretary. 



AJSr:TUAL EEPC^RT 



The Board of Directors of the Richmond and Petersburg EaihoaJ Com- 
pany respectfully submit to the stockholders their annual report and state- 
ments showing the condition of the affairs of the Company for the year 
ending the 31st March 1861. 

The whole income of the Company for the past fiscal year amounts to 
$1£0,432 33; during the same period the ordinary current expenses have 
been $78,978 24; extraordinary expenses $2,318 28 The manner in 
which this income has been applied is fully exhibited in statements B and 
D of the Treasurer's accounts 

As the fiscal year preceding the present comprised only eleven months, 
an accurate comparison cannot readily be instituted between the receipts 
and expenditures of the two years, j^a examination of the Treasurer's 
table C will show that the disturbed condition of political affairs and conse- 
quent derangement of the business of the country produced a loss of 
revenue from November to Februarj'- inclusive, of about one month's in- 
come. The Board are pleased to be able to say that the receipts since the 
first of March exhibit a steady increase, and the month of April a con- 
siderable increase over the same month for 18G0. 

The greater portion of the loss during the past fiscal year has proceeded 
from a falling off in through passengers; that source of revenue now shows 
a gratifying improvement, and it is believed by the Board that the receipts 
for the present year promise to be highly satisfactory. 

On the 20th of June last, as is known to the stockholders, Mr. Peter V. 
Daniel, the former President of the Comp.iny, tendered his resignation to 
the Board. It would be injustice to an officer who had so long, faithfully 
and successfully discharged all his duties, not to allude in this report to the 
loss the Company sustained by his retirement from office. The Board 
therefore take pleasure in adding their testimony to the devotion with 
which he labored to promote your interests, and render the road efficient 
and profitable. It is but proper to place this testimonial on record as a re- 
cognition of his services. —Under the instructions of the stockholdcs, at 
their annual meeting on the 29th May, 1860, the Board of Directors pro- 
ceeded to have surveys made for a suitable route to connect this road with 
that of the Eichmond, Fredericksburg and Potomac Company. It was 
deemed wise by the Board to suspend these surveys when the political dis- 
turbances commenced last fall, as well as those for our proposed connec- 
tions in Petersburg. The authorities of this State considering it necessary 
to the Buccessful prosecution of military operations, have directed a connec- 



370 

tion of all three roads ia both cities to be made. Surveys and estimates 
are now being prepared, and it is expected that in conformity with these 
surveys and estimates the connections will be speedily made. 

Some correspondence has taken place between the President and the 
Post Office Department of the Confetlerate States in regard to the transpor- 
tation of the mails over this road, but as yet no definite result has been ar- 
rived at. 

The report of the examining committee and of the superintendent will 
fully show the condition of the roadway, buildings, machinery, and other 
property of the Company. 

The cfljciency of the officers and agents of the Comjiany is best exhibited 
by the safety and regularity with which the transportation has been con- 
ducted, under circumstances which have for sometime past called for un- 
usual exertions, and by the creditable state in which the roadway and roll- 
ing stock is found. 

CHARLES ELLIS, President. 
May 28th, 1861. 



A. 

Slaiement of the a(fairs of the Eichmnnd and Petersburg Railroad 



COST OP EOAD AND PROPEETT. 

From Richiaond to Petersburg, including interest, 

per statement A Xo. 1, 922,822 39 

Branch road to Port Walthall, including purchase 

of land, wharves, coal tracks and cars, 45,539 09 

968,361 49 

Reconstruction of road, 219,852 50 

Land purchase^ 21,265 84 

DEBTS DUE TO THE COMPANY. 

This Company's stock taken for debt, 5,376 06 

Bills receivable, 6,281 00 

Open accounts, 14,972 47 

26,029 53 

Cash on hand, 7,553 77 



1,243,663 12 



373 



Company , from iJie commencement of the worJctoihe 1st day of April, 1861. 



CAPITAL STOCK. 

Subscribed by individuals, 3,000 shares, 300,000 00 

Converted loan stock at $50, 3,010 " 150,500 00 

450,500 00 

Subsc'd by the State, old stock, 2,000 " 200,000 00 
new stock, 1,856 " 185,000 00 

385,600 00 

836,100 00 

9,866 shares entitled to equal dividends. 

DEBTS DUE BY THE COMPANT, 

Dividend bond to the State, 33,403 00 

Coupon bonds due June 1st, 1875, 143,500 00 

Coupon bonds due July 1st, 1875, Ji^^O*^ ^^ 

Certificates of debt for dividends, 670 77 

Unclaimed interest on certificates of debt, 12D 07 

Unclaimed dividends, 1,5U0 00 

Bills payable, 4,457 83 

Open accounts, 3;G08 22 

211,773 89 

Profit and loss, 195,789 23 

1,243,663 12 

M, W. yARRIXGTON, Treasurer. 
Richmond, April \st, 1861. 

2 



374 



A No, 1. 



Heads of Expenditure for construciicm of Road and purchase of Property 
to 1st April, 1861. 



Preliminary surveys, - - _ . . 2,896 87 

Contingent expenses, ----,. 2,075 G9 

Purchase of Manchester and Petersburg Turnpike stock, - 23,841 35 

Engineering expenses, - - . _ - 32,403 99 

Eeal property in Richmond, - - - - 21,917 24 

" " " Pocahontas, ----- s,200 00 

" " " Petersburg, - . - . 1^928 36 

" " " Chester, - - - - - 900 00 

Land damages, ----__ 22,802 26 

Graduation, --_-__ 108,373 32 

Superstructure, - - - - - 111,510 09 

Masonry, ------_ 72,223 29 

James Elver Bridge — Masonry, - - 49,788 03 

Superstructure, - - 86,050 15 

135,833 18 

Falling Creek Bridge, - _ - . _ 10,889 80 

Swift Creek Bridge, - . - _ . 10,027 79 

Kingsland Creek Bridge, ----- 5,496 42 

Depots and work shops, ----- 13,100 72 

Richmond Depot, ------ 44,029 05 

Manchester Depot, ----- 8,359 04 

Water Station, - - - - - - 1,181 54 

Pocahontas Depot, - - - - _ 8,011 79 

Locomotive, engines and cars, - - _ - 97,508 69 

Omnibus, - - - - - - - 1,639 83 

Officers' salaries, ------ 6,717 83 

Repairs of turnpike at the date of purchase, - - 1,889 97 

Interest on loans, - - - - 113,099 67 

Premium on Stirling bills, and commission on paying 
loan due in England, - - - - 6,859 72 



119,959 29 



922,822 89 



M. W. YARRINGTON, Treasurer, 
Richmond, April 1st, 1861. 



375 



B. 

Statement of Financial Affairs within the year ending March Slsi, 1861. 



Cash on hand April 30th, 18G0, - - - 10,038 49 

Debts due to the Company — Increased this sum, 4,285 00 
Transportation — Received this sura, - - 150,432 3S 

Transportation — Received from Manchester and 
Petersburg Turnpike, _ _ - 266 78 

DISBURSEMENTS : 

Land purchase — Increased this sum, - - 202 80 

Debts due by the Company — Decreased this sum, 5,892 45 
Expenses— Ordinary, - - 78,978-24 

Extraordinary, - 2,318 28 



81,296 52 

Interest— Paid this sum, - - _ _ 12,G27 06 

Dividends— Paid this sum, . - _ 48,880 00 

Cash on hand March 31st, 1861, - - - 7,553 77 



160,737 60 160,737 60 



M. W. YARRINGTON, Treasurer. 



Richmond, April 1st, 1861. 



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3T7 
D. 

Statement of Transporlation Expenses from April Ist, 18G0, to April Isi, 1861. 



ORDINARY. 




Repairs of road, 


7,536 35 


Repairs of bridges, 


2,278 13 


Repairs of depots and water stations, 


2,633 60 


Repairs of locomotive engines and tenders, 


6,332 28 


Repairs of passenger, mail and baggage cars, - 


4,002 31 


Repairs of freight cars and Hats, 


1,870 07 


Repairs of coal cars, 


2,065 20 


Repairs of shop tools and machinery, 


210 56 


Oil and tallow. 


2,004 88 


Cotton waste, - - - 


250 61 


"Wood, _ - - 


7,146 96 


Train expense?, _ - - 


9,806 01 


Depot expenses, ■ - 


10,846 02 


Postage, stationary and printing. 


1,097 33 


Officers' salaries, - _ _ 


5,750 04 


Insurance and other miscellaneous expenses, 


1,891 87 


Taxes, - - . - 


666 64 


Cattle Ixilled by trains. 


112 00 


Lost and damaged goods, 


69 88 


Tlirongh travel expenses, - - 


1,592 75 


Omnibus expenses, _ - - 


3,246 36 


Clover Hill 'I'ransportation expenses, 


6,868 88 


New freight cars, - - - 


119 42 


New coal cars, - - - 


531 09 

TO nlQ r, 



EXTRAORDINAY. 



Repairs of bridges, - - - 1,428 28 

Omnibus expenses for now omnibus, - 890 00 



2,818 28 



81,296 62 



M. W. YARRINGTON, Ireasurer. 
Eiclimond, April 1st, 1801. 



378 



E. 



Comparative Siaiement of the business ofilie Richmond and Petersburg RaU- 
road Company, the year ending March Z\st, 1860, and the year ending 
March Zlsi, 1861, 



Cash, 

Debts due to the Company, 

13ills receivable, 

Cost of road and property,.. 
Cost of branch road and pro- 
perty, 

Keconstructionof road, 

Land purchase, 



Capital stock, 

Dividends due to the State, 

Certificates of debt for divi- 
dends, 

Open accounts due by the 
Company, 

Coupon bonds due July 1, 
1875, 

Coupon bonds due June 1, 
1875, 

Bills payable, 

Profit and loss, i 



1860. 



10,038 49 
22,344 53 

922,822 39 

45,539 09 

219,852 50 

21,063 04 



1,241,660 04 



836,100 00 
33,408 00 

902 07 

9,398 92 

24,500 00 

143,500 00 

5,957 35 

187,893 70 



1861. 



7,653 77 

20,348 53 

0,281 00 

922,822 39 

45,539 09 

219,852 50 

21,265 84 



1,243,663 12 



830,100 00 
33,408 00 

670 77 

5,237 29 

24,500 00 

143,500 00 

4,457 83 

195,789 23 



1,241,660 04 1,243,663 12 



In 1861. 



Decrease of 
Dr., and in- 
crease of Cr. 



2,484 72 
1,996 00 



7,895 53 



12,376 25 



Increase of 
Dr., and de- 
crease of Cr. 



6,281 00 



202 80 



231 30 
4,161 63 

1^499*52" 



12,376 25 



Bichmond, April Isi, 1861. 



M. W. YAREINGTON, Treasurer. 



SUPERINTENDENT'S REPOET. 



SUPERINTENDENT'S OFFICE, 

ElCHMOND & PETEBSBURa R. R. Co., 

Richmond, March olst, 1861. 
Charles Ellis, Esq., 

Fresideni : 

Sir, — I herewith submit a repoit of the da- 
partment under my control during the past year : 

RECEIPTS OR EARNINGS. 

From transportation of passengers, - 74,985 34 

" extra baggage and express freight - 4,633 81 

" United States mail, - - 7,350 00 

" transportation freight, - - 58,004 42 

" miscellaneous sources, - - 6,398 76 

Total receipts or earnings, • $150,432 33 

EXPENSES OF WORKING THE ROAD. 

For repairs of road, - . _ 7,536 35 
" " " bridges and watching, - 2,278 13 
" " " depot and water stations, - 2,633 60 
•* " " locomotive engines and tenders, 6,332 28 
" " " passenger, mail and baggage cars, 4,002 31 
" " " freight cars and flats, - 1,870 07 
" " " coal cars, - - 2,065 20 
■" " " shop toola and machinery, 210 56 
" oil and tallow, _ . . 2,004 88 
*< cotton waste, - _ _ 250 61 
" wood, - - . . 7,146 96 
" train expenses, including the pay of conduct- 
ors, baggage masters, engineers, firemen, brakes- 
men, &c,, - - - - 9,866 01 



Amounts carried forward, - - $46,190 96 $150,432 38 



380 

Amounts brouglit forward, - - $40,196 96 $150,432 3S 

Depot expenses, including the p;\y of depot agents, 

hands and watchmen, . . . 10,84G 02 

Postage, stationery and printing, . . 1,097 33 

Ofliceis' salaries, . . . 5,750 04 

Insurance and miscellaneoiis expenses, . 1,891 87 

Taxes, ..... 6GG 04 . 

Cattle killed by trains, ... 112 00 

Lost and damaged goods, . . . 59 88 

Tlirongh travel expenses, . • . 1,592 75 

Omnibus expenses, .... 8.245 36 

Clover Hill transportation expenses, . 6,808 83 

New freight cars, . . . . 119 42 

" coal cars, . . . . 531 09 



Total ordinary expenses, . . 78,978 24 

Balance or nctt income, . . 71,454 09 

The ccst of working the road being about 52| per cent, of the whole 
receipts, and the cost per mile run amounting to 87 cents. 

The extraordinary expenses, during the whole year, amounting to 
$2,318 28, divided as follows: 

Repairs of bridges, .... 1,428 28 

Purchase of new omnibus, . . . 890 00 

$2,318 28 

The tonnage of freight, exclusive of coal, express freight and extra bag- 
gage, amounts to 13,106 tons; and the receipts for this amounts to 
$20,742 89, being $1 58 per ton, or $1 76 p:r mile run. The coal 
transported amounts to 45,191 tons, delivered as follows : 

At Richmond 
" Port Walthall 
" Petersburg 

45,199 

Tiie recei|)ts from transportation of coal 82,660 71 ; being at the ra!c of 
72 27-100 cents per ton, or a frriction over $1 09 per mile run. The 
freigiit of all kinrls transported during the eluvcn months amounts to 
69,374 tons, and the number of tons transported one mile 751,153. 

PASSENGERS. 

The number of passengers transported was 71,257, of which 25,979 
were through, and 45,278 were local and way passengers ; 657 on the 
Clover Hill train. Tho receipts from passenger fare amounts to $74,035 31, 



19,176 tons, 


17,033 


(1 


8,390 


<( 



881 

or $1 05 per passenger ; and the total movement of passengers, or number 
transported one mile 1,497,022. The receipts per mile run from passengers 
by the mail train and express trains are ^2 151, ^^'^ by the accommoda- 
tion train 17} cents. 

EXPRESS FREIGHT AND BAGGAGE. 

The receipts for express freight and extra baggage amounts to $4,G33 81. 
For full statement in detail, shewing the operations for each month se- 
parately in all departments, I refer you to the carefully prepared tables 
from No. 1 to I\o. 12, inclusive. 

THE ROAD. 

The road is in much better condition than it was reasonable to expect 

after the continued rains of the winter, which have seriously injured the 

beds of every road in the State. During the year 6,994 new cross ties have 

been laid, and the decay of the old ties is so general, that the number must 

be increased during the present year. The repairs of the road have cost 

$7,53G 35, or $301 45 per mile, and including repairs of bridges, $392 57 

l^er mile. 

BRIDGES. 

The bridges are in very good order. The indefatigable attention bestow- 
ed upon them, and the frequent inspection to which they are subjected, 
and the prompt replacement of a decaying or defective piece of timber 
will preclude the necessity for replacing them for many years; but it is my 
intention to erect at a small outlay for two or three years additional stone 
pillars under those across the two creeks, with a view to replace them with 
iron structures of short spans at such times as the finances of the. Company 
will justify the expenditure. 

The cost of the ordinary repairs to the bridges, with the pay of watch- 
men and insurance, amounts to $3,165 13. The extra stone work during 
past year to $1,428 28. 

BUILDINGS. 

All of the buildings are in good order, with the exception of a house to 
shelter the engines at Pocahontas, No new buildings have been erected. 
The cost of repairs to depots and water stations amounts to $2,633 60. 

LOCOMOTIVES, ENGINES AND TENDERS. 

There are ten engines and tenders all now in good order. The cost of 
repairs during the year amounts to $6,332 28, or 7 cents per mile run. 
The amount charged to each for repairs, with their consumption of wood, 
oil, &c., will be found in tables 11 and 12. 
3 



382 



ROLLING STOCK, CARS, &c. 

All of these are in good condition, but this is onl}' maintained by keep- 
ing up a constant repairing of a large portion of the freight cars. Tliere 
are seven first class and five second class passenger cars, three baggage and 
mail cars, twenty-two box cars, twenty-two fiats, two cattle cars, seven 
seventy-five bushel, seven eighty bushel, three one hundred and fifty 
bushel, fifty-six one hundred bushel, and seventy-three one hundred 
bushel ; making in all 146 coal cars. The cost of repairs to cars is 
$7,937 58. 

OMNIBUS. 

During the year the large omnibus became so much shattered by con- 
stant use, that another was purchased in its place, and the heavy omnibus 
■which had been built in the shops of the Company, which was too 
clumsey for use, was sold. We now have in co-partnership with Rich- 
mond, Fredericksburg and Potomac Railroad Company three omnibuses, 
seven baggage and mail wagons, four street wagons, two carts, and twelve 
horses. 

The proportion of the expenses of maintaining these during the past 
year, paid by this Company, amounts to $1,G22 G8. 

MATERIAL ON HAND. 

The value of materials on hand, as per inventor}', seen in table No. 14, 
amounts to §5,285 00, 

ACCIDENTS. 

It is a matter of congratulation that nothing has occurred under this 
head which is worthy of notice, or causing any serious injury to any of the 
property of the Company. Not a single individual, in any way connected 
with the Company's business, has received the least injury ; and save the 
running off the track by the misplacement of a switch when the engine 
was moving slowly, and consequently no damage was done, there would 
be nothing to record under this heading. 

THE BUSINESS OF THE COMPANY. 

An examination of the receipts will show that there has been a serious 
falling off in our receipts when compared with the previous year. It is 
hardly necessary to remind you that this was owing entirely to the distur- 
bances in commercial affairs, growing out of the threatening attitude as- 
sumed by the Federal Government towards the Southern States. Since the 
commencement of the war the business both in freight and passengers has 



383 

increased crreatly, but as nearly all of tlicse are carried at half the usual 
rates, and the service requires the running of many additional trains and 
other extraordinary expenses, together with the fear of deslruction to tiie 
property of the Company by evil disposed persons, who always avail 
themselves of such times as these to commit depredations, it has been 
deemed advisable to increase the number of our watchmen at all the 
bridges and stations, by which the expenses of the operations will be in- 
creased in a much greater proportion than the receipts I presume, how- 
ever, that you and the stockholders agree with me, that the struggle now 
going on between the administration of a sectional government and the de- 
fence and protection of the rights of the Southern States cannot be suc- 
cessfully conducted without sacrifices of a personal nature, and we must 
submit. I take great pleasure in saying, that in addition to the faithful 
performance of all the ordinary duties devolving upon the officers and 
operatives in the service of the Company, every one, without an excep- 
tion, has most cheerfully performed all the extra service, involving fre- 
quently tha loss of meals and rest for many hours beyond those usually 
required, while engaged in transporting troops or munitions of war, or 
other services required by the authorities for the defence of our State. I 
consider it proper, and I am much gratified to be able to pay this tribute to 
the patriotic feelings exhibited by those who, though in an humble and al- 
most obscure sphere, are yet no poor adjuncts in assisting to carry on a 
successful campaign. For the names and pay of the employees see table 
No. 13. 

Kespect fully, 

THOS. H. WYNNE, Superintendent. 



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r^SS 



No. 3.-RICHM0ND AND PETERSBURG RAILROAD. 

Statement of Local Passengers between Richmond and 
year ending March Zlst, 18G1, 

NORTHWARDLY. 



Month. 



Way Papsen- 
gers set 
down. 



Whites. Blacks 



1831, Ap'l 


1{)5 


May 


137 


June 


ISO 


July 


619 


Aiig. 


131 


Sep. 


99 


Oct. 


111 


Nov. 


170 


Dec. 


l.')0 


18Q1, Jan. 


87 


Feh, 


7-3 


Mar 


104 



Total, i 1,995 



230 



Way Pas- 

seiigeis 
taken up. 



Whites. Blacks. 



.'iO 
71 
64 
64 
54 
48 
65 
5-3 
43 
41 
20 
37 



Petersburg 

to 
Richmond. 



Whites. Blacks 



1,456 
1,504 
1,180 
1,405 
1,719 
l,.?r4 
1,819 
1,105 
1,006 
1.055 
1,127 
1,373 



507 16,124 



290- 
786 
234 
295 
337 
250 
215 
•176 
290 
163 
139 
ISO 



3,347 



Total. 



] ,671 
1,71 ■• 

2,n 

1,985 

L!. 
1. 

1',-:j.. 

1,514 



3^1 



3. a 

931 



2ii0 
4,0^4 



2^033 



2,05-; 



1,734 

5?3,S19 



SOUTHWARDLY. 





Way Passen- 


Way Pas- 


Richmond 










gers set 


sengers 


to 


Tot 


al. 






down. 


taken up. 


Petersburg. 






Grani 


Month. 












Total. 


Whites. 


Blacks. 


Whites. 


Bla;-ks. 


Whites. 


Blacks. 


Whites. 


Elac]:: 


1860, Ap'l 


187 


39 


69 


10 


1.3^0- 


265 


1,578 


314 


1,8S0 


May 


171 


69 


65 


55 


l,4-:>3 


733 


1.6.59 


l>.r/' 


2,516 


June 


167 


27 


95 


23 


1,163 


188 


1,424 


?.?i^. 


, 1,663 


July 


653 


25 


38 


19 


1,299 


224 


i.9?a 


■?:'Mi 


' 2,257 


Aug. 


150 


38 


79 35 


1,306 


243 


] ,5".''> 


3!'< 


l,?5l 


Sep. 


130 


38 


58 


25 


1,318 


289 


l.r'v 




l.'-'f^S 


Oct. 


138 


33 


42 


30 


1,817 


231 


\ 1 




;) 


Nov. 


169 


21 


65 


20 


1,023 


172 






■.) 


Dec. 


169 


77 


58 


56 


1,042 


283 








1861, Jan. 


92 


32 


43 


21 


938 


183 


1.1 




• ■ .-' 


Feb. 


64 


27 


40 


13 


1018 


135 


1,1 




:-:,i7 


Mar. 


130 


30 


41 


23 


1,349 


215 


l,4iO 




1,0(7 


Total, 


2,-239 


455 


692 


^3 


A,944 


3,160 


17,865 


3,944 


21,809 



SUMMARY. 

Northwardly, 

Southwardly, 

Total, , , 



386 



-S 
■^ 



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co«oocoeo-^-a<t-M«>cooo 

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oo"" 


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a: — >n — i^ CO i- 00 — 
^-^,co■*a;lno^-^cccoC5^ 

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CO 

t- 

co- 


•sqi 


38,406 
29,300 
18,793 
13,017 
26,326 
41,s50 
41,612 
44.148 
25.408 
18,215 
33,507 
30,487 


os 

CO 




CO -- X -W 5S =5 JC I-J^CC^— _0 u.-_ Ji 

cr.rf^in t-' —' t-^^-TaT^'co^" t-T 
cot— O5i-t:--*oo:rt-oc^ 00 

^ C^ i-l CS r-l r-C CO to x^ 


•:)30^ 'jaqran"-! 


541 

476 

189 

1,222 


CO 


pUB AJdUiqOBJ^ 


O^CCOtnClJ^XC-l — i-OT<l 


3| 


1-1 r-i (M CO C<1 >0 'tit Cq -^ CS r-H 


CO 1 
CO 


•sqi 'no.ij 


2,793 

12,698 

1,707 

3,950 

2,483 

4,637 

11,262 

4,543 

960 

1,562 

21.800 

6,199 


05 


.X)rt\| Ul n =i I- CO ^ M CO C2« M CO 
r-1 i-T i-T OtT 


•s[qa 'iasisiq^ 


C3>0?3»OCOOX>©COt~OCO 

C3?oiOiot-.i-i— •-Tr-:o — CO 

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CO 1 
CO I 

0-f 


•spqn 'jvSng 


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•spqg 'oooBqox 


-#mooocqineovrt(Ni,_(00>o 
-* X CO t- 00 «5 ■* CO 1-1 X 
CO rt r-l rH C^ 


so 
05 

CO 


b3 




2 <» 





387 



^ 5? 



^ 3 





O-J CO 
I-" o 

3"'' "t1"7--~'^" •-" 


o 
■-i 

p 


00 

CO 

-J 

«3 


^ <-^ ^ <-i ^ -5~0 C5 o'lo'o N3 


Tobacco, Hlids. 



K^ I • • to wbOKs-i^p-iH^^j I Empty Liquor 

I : : to c ic X X :j' *- J^ c^ ivi I Hnrrf-U 



I Empty Flour 
I Barrels. 











OS 
CO 
05 


tC •-' CO l-J i-i H-i bO *^ CO 


Cotton, 


Bales. 


O 
00 


to *>- • • cc >-'"oo ' • • : : 
^1 o : : a> to '" : . . . . 

If^tO. . lOOOtO 


Wheat, 


Bushels. 



Corn, Bushels. 



Leather, lbs. 



Domestics, Bales. 



h-* — QO I— • fcO (^ O . 

o'c; cji rf*. CO en 00 f^o ; 

COOjOOJiCiOtO). 

ccoootocoooo 



Iron, lbs. 



(t^OOCOLOCiOOtCCOOCCCOGO 



Miscellaneous 
Freight. 



o 
o 


'.'.'.','.'.'.'.'.'. <Zi'. 


Wood, Cords. 


==■• . 


CO 

CD 


K_c^^o_HS: ^p- ^^: Miscellaneous 

-icomoo. o*..a). 2 trewht, Ibs. 


CO 

o 

o 
o 


70,000 
80,000 
35,000 
45,000 
20,000 
45,000 

20, oo;) 

15,0 
5,000 


Lumber, Feet. 



» HJ h- h-'l-' 




a. to l-l I-- to CC Ci H- CO CS O CO *. 




.o >— 0D-a~]^iCTC;03=>ci00o 


Tons. 


<l| ODtOOCO-lOQOin-J^-OOCO 


\-\-\-\w\w\M\r'\vj\u \a 





I— I hJ to tO_»-'J;-' 

>£>. CO CO If". — iTo O^ 00—73-1 
— 1 -I ^I ^1 O O CJt — ' OC — I C5 to 
00 O t-O CO to w -1 L-O — 4 CC CO c: 

, ^- to 



Amount. 



838 



1^0. 4.— KICHMOND AND PETERSBURG RAILROAD. 
/S,-/ c.', :/;< of Through Passengers for the year ending March Z\st, 1861. 

SOUTHWARDLY. 



Month. 



1660, April, 
May, 
.fune, 
July, 

Au-., 
Sen., 
Gel , 

];■ c, 

18G1, Jan.', 

Feb., 

Mai-., 






•280 
143 
101 
120 

413 
775 
4 SI 
36 
59 
U 
37 
64 



Total, I 2,548 



120 

86 

80 

88 

54 

236 

198 

131 

62 

63 

61 

124 



1,303 






98 

295 

89 

95 

94 

200 

168 

97 

87 

61 

80 

94 



1,458 



9 -a 



342 
190 
258 
175 
234 
279 
229 
384 
326 
270 
278 
310 

3,275 



From Richmond 




tc 






Weldon and Gaston, 




Whites. 


Blacks. 


"S 






Eh 


250 


273 


1,363 


217 


259 


1,195 


304 


221 


1,053 


261 


208 


947 


298 


248 


1,341 


379 


231 


2,100 


292 


154 


1,522 


220 


108 


976 


190 


83 


807 


177 


71 


676 


184 


199 


839 


187 


185 


964 


2,959 


2,240 


13,783 



NORTHWARDLY. 







rd 


From Weldon 












to 








a 




Richmond. 


, 




MOSTH. 


o 
"fco 


^1 




3 














s.s 


35^ 






a « 






p a 


P-50 






O u. 


* 






fa'o-« 


Whites. 


Blacks. 


fel 


OS 




^ 


^s 






a, 


O 


I860, April, 


580 


103 


160 


59 


125 


1,117 


May, 


725 


2C4 


198 


103 


118 


1,408 


•June, 


520 


217 


221 


72 


126 


1,156 


July, 


705 


187 


282 


124 


125 


1,423 


Auff., 


611 


212 


281 


126 


153 


1,413 


Sep., 


, as5 


329 


151 


90 


197 


1,152 


Oct., 


300 


1,54 


153 


62 


151 


820 


Nov., 


263 


121 


82 


22 


121 


609 


Dec, 


314 


167 


116 


26 


85 


708 


1861, Jan., 


404 


159 


100 


16 


95 


774 


Feb., 


428 


153 


121 


31 


101 


834 


Mar., 


315 


188 


117 


35 


127 


782 


Total, 


5,5S0 


2,344 


1,982 


766 


1,524 


12,196 



Total number of Through Passengers, each direction, 25,979 



389 



No. 5. 

RICHMOND AND PETERSBURG RAILROAD. 

Siaicment of the number of Passengers transported on the Road during the 
year ending March Slst, 1861. 





SOUTHWARDLY. 






Through Passengers, 


• 


13,783 




Local Passengers, 


. 


21,809 


35,592 




NORTHWARDLY. 




Through Passengers, 


. 


12,196 


1 


Local Passengers, 


. 


22,812 


35,008 


Passengers between Eichmond and Petersburg and 




Clover Hill, 


. 




657 


Total number of Passengers, . i 




71,257 



Equal to 1,497,022 Passengers transported one mile. 



3^ 



No. 6. 

RICHMOND AND PETERSBURG RAILROAD. 

Statement of Coal transported from Glover Hill during the year ending 
March Zlst, 18G1. 





To Rich- 


To Peters- 


To Port 


Aggregate 






Month. 


mond. 


burg. 


Walthall. 


number of 


Tons, 


Amount. 




Bushels. 


Bushels. 
12,305 


Bushels. 


bushels. 






1860— April, 


29,670 


74,655 


116,630 


3,645 


2,511 71 


May, 


23,175 


12,110 


98,325 


133,610 


4,175 


2,818 35 


June, 


35,895 


9,125 


87,705 


132,725 


4,148 


2,856 79 


July, 


26,315 


18,040 


84,635 


128,990 


4,031 


2,756 47 


Aug., 


49,680 


20,955 


66,720 


137,355 


4,292 


3,047 89 


Sept., 


57,520 


33,645 


26,185 


117,350 


3,667 


2,718 71 


Oct., 


75,490 


33,540 


29,900 


138,930 


4,341 


3,239 90 


Nov., 


72,975 


32,820 


12,635 


118,430 


3,701 


2,815 52 


Dec , 


69,685 


17,760 


6,050 


83,495 


2,609 


2,012 72 


1861— Jan., 


58,095 


22,365 


2,>25 


83,285 


2,603 


2,012 08 


Feb., 


76,975 


28,860 


11,625 


117,460 


3,671 


2,806 23 


Mar., 


48,165 


26,965 


62,975 


138,105 


4,316 


3,070 34 


Total, 


613,640 


268,490 


5ii4,235 


:i,446,365 


45,199 


32,666 71 



SUMMARY. 

Transported to Richmond 613,640 Bushels— 19,176 Tons. 

" "Petersburg 268,490 " 8,390 " 

" "Port Walthall 564,235 " 17,633 " 

Total, 1,446,365 " 45,199 " 



391 



No. 7. 

RICHMOND AND PETERSBURG RAILROAD. 

Monthly statement of Freight transported from Glover Hill to Richmond du- 
ring the year ending March 31s<, 1861. 













Miscella- 




Month. 


Tobacco, 


Tobacco, 


Wheat, 


Wheat, 


neous 


Total lbs. 




Hhds. 


lbs. 


Bushels. 


lbs. 


Freight, 
lbs. 




I860— April, 


18 


26,515 






29,820 


56,335 


May, 


10 


16,000 






42,000 


57,000 


June, 


8 


12,000 






15,860 


27,860 


. July* 


23 


35,000 






620 


35,620 


Aug., 


33 


49,500 


128 


7,680 


740 


67,920 


Sept., 


36 


54,000 


722 


43,320 


17,816 


115,136 


Oct., 


2 


3,000 






400 


3,400 


Nov., 


6 


7,500 


282 


16,920 


28,370 


62,790 


Dec, 


.... 








2,570 


2,570 


1861— Jan., 


.... 














Feb., 


.... 




532 


31,920 


2,873 


34,793 


Mar., 


.... 




204 


12,240 


2,238 


14,478 


Total, 


136 


202,515 


1,868 


112,080 


143,307 


457,902 



Total number of tons, 229.J, 



392 



No. 8. 

RICHMOND AND PETERSBURG RAILROAD. 

Statement of Tonnage transported to and from Clover HUl during the year 
ending March Z\st, 1861. 

From Glover Hill to Richmond, 

Tons. Tons. 
Tobacco, 136 hogsheads, . . , lOlJ 

Wheat, 1,868 bushels, . . . 66 

Miscellaneous freight, . . . Ylf 

Total, ... 229 

From Richmond to Glover Hill. 

Miscellaneous freight, consisting of Groceries, Corn, Dry 

Goods, Castings, Furniture, Guano, &c,, . ; 590^ 

Total, . . . . 590^ 

From Clover Hill to Petersburg. 
Tobacco, 9 hogsheads, . , . . 6| 
Wheat, 1,614 bushels, ... . 48J 
Miscellaneous freight, ... 

Total, .... 55i 

From Petersburg to Clover Hill. 
Miscellaneous freight, consisting of Groceries, Guano, &c., 46^ 

Total, .... 46i 

From Port Walthall to Glover Hill. 
Hay, Powder, Oil, Corn, &c., ... 18 

Total, .... 18 

Total tonnage, exclusive of coal, . 939 



39^ 



No. 9. 

RICHMOND AND PETERSBURG RAILROAD. 

Monthly statement of the amounts collected on the Passenger Trains for the 
transportation of Extra Baggage and Exjjress Freight during the year end- 
ing March Zlst, 1861. 



Month. 


Extra 
Baggage. 


Express 

Freight, 

Adams & Co. 


Total. 


1860— April, 


52 00 
80 97 
35 00 
26 00 

26 47 
34 50 
44 25 
29 50 
34 20 

27 90 
27 50 
23 50 


374 62 

345 03 
262 78 
254 97 
314 56 
302 51 
349 22 . 
347 37 

346 07 
359 27 
3^3 24 
552 38 


426 62 




426 00 




297 78 


July , 


280 97 


August, 


341 03 




337 01 




393 47 


November, 


376 87 




380 27 


1861 — January, 


387 17 
410 74 


March, 


575 88 






Total, 


441 79 


4,192 02 


4,633 81 









!2i 



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395 



No. 11. 

RICHMOND AND PETERSBURG RAILROAD. 

Statement of miles run by all Trains of all lands during the year ending 
March Ust, 1861. 



Month. 


EH 

u 

i 

PL, 


.bo 
'a3 
ti 

PR 

•a 
a 

OS 

u 
a^ m 

-1 

•1) cd 

CO U 


9 
"3 

H 

'S 

u 

fa 


a 

'3 
u 
H 

u 


a 
'S 

u 

&H 







o5 

a 
■3 

u 

H 

fao 

a 



'S 


■3 


I860— April, 


2,420 
2,596 
2,318 
2,514 
2,568 
2,457 
2,449 
2,492 
3,114 
2,669 
2,323 
2,647 


1,104 

1,210 

1,154 

1,144 

1,201 

1,112 

1,301 

1,156 

423 

578 

522 

623 


*il9 
105 

"29 


45 
185 

50 
102 

89 

"48 
*i3*2 


2,219 
2,567 
2,500 
2,540 
2,869 
2,645 
3,040 
2,640 
2,030 
1,896 
2,589 
2,939 


995 
950 

1,060 
884 
909 
941 

1,010 

1,033 
781 
912 
979 

1,053 


450 
468 
450 
465 
465 
450 
465 
450 
465 
465 
420 
465 


7,233 


May, 


7,976 


June, 

July, 


7,532 
7,649 


August, 

September, .. 

October, 

November,... 
December,... 

1861 — January, 

February,.... 
March, 


8,101 
7,605 
8,265 
7,771 
6,980 
6,625 
6,833 
7,888 


Total, 


30,567 


11,528 


253 


651 


30,474 


11,507 


5,478 


90,458 



SUMMARY. 

Miles run with Passenger Trains, 30,567 

Passenger and Freight Trains, 11,528 

Freight Trains, 253 

Extra Trains, 651 

Coal Trains, 30,474 

Material Trains, 11,507 

Switching Trains, 5,478 

90,458 



396 



No. 12. 

Jtusincss of iJie Richmond and Petersburg Railroad during the twelve months 
ending March ^Ist, 1861. 



TONNAGE. 

Coal transported in tons, 

Tobacco transported in hogsheads, 

Cotton transported in bales, 

Express Freight and Extra Baggage in tons, 

Total amount of freight of all kinds in tons, 

Number of tons transported one mile, . . 

Miles run by freight engines,* . 

Miles run by coal engines, 

Receipts per mile run by freight trains in cents, 

Receipts per mile run by coal trains in cents, 

PASSENGER TRAVEL. 

Whole number of through passengers, 

Whole number of local and Clover Hill passengers, 

Total number of passengers transported, 

Passengers transported one mile, 

Miles run by passenger engines. 

Receipts per mile run by passenger train in cents, t 

RECEIPTS OF ROAD. 

From freight on coal, . , 

From miscellaneous freight, . . . 

From Express Freight and Extra Baggage, 

Total from freight, . . . - 

From passenger travel, .... 
From transportation United States mail, 

Total from passenger and United States mail, 
From miscellaneous sources, , 

Total receipts, .... 



45,199 

10,420 

2,396 

1,0G9 

59,374 

751,133 

11,781 

30,474 

216 

107 



25,979 
45,278 
71,257 
1,497,022 
30,567 
178 



32,666 71 
25,397 71 
4,633 81 



62,698 23 



74,985 34 
7,350 00 



82,335 34 
5,398 76 

$150,432 33 



* This includes 11,528 miles run by passenger and freight trains connected, 

t This includi'6 the mileage of freight and passenger trains when combined. 

The receipts per mile run trom passengers by Mail and Express passenger trains 

are $2153^, and accoiu«Lgdation train 77>^ cents. 



397 



No, 13. 

List of Officers, Agents and Employees upon the Richmond and Petersburg 
Railroad, and pay of each, March Zlst, 1861. 

Charles Ellis, President, ... per annum, $2,000 00 

R. B. Hfixall, "1 

B. W. Haxall, | 

Chas. S. Mills, M. D., \ Directors. 

Franois K. Kivps, j 

Roscoe B. Heath, J 

M. W. YarriDuton, Treasurer, per annum, ... 

Tho*. H. Wynne, Suporintctir)' nt. tier annum, . . 

Fi I'd'k P. Kedford, Auditor and Superintendent's Clerk, per annum, 

J. N Parker, General Freight and Tic':et Agent, " " 

John Xe>b;tt, FreiVht Clerk, " " 

Travers Daniel, Freight and Ticket Agent, Petersburg, " " 

E. A. Bledsoe, Freight Clerk, " " 
A R. Fmith, Agent Clover Hill, " " 
R. E M<.iris. Assistant, " " 

F. \V. Myer, Agent Che=;ter and Engineer Sta'y Engine, '' " 
T. W. .Ml (rary, Conductor, per month, 
W. R. Daniel, ■' " " 
K. E. Mitchell, Baggage Master, " " 
W. L. Yager, " " " " 
James Enroughty, Cmnikus JIanager, " " 
H. T, Metcalf, Yard Matter, tc u 

G. W. Curtis, Engine Runntr, " " 
J. A. Mann, " " " " 
L. P. Jones, '' " " " 
W. D. Jester, "' " " " 
Wm. Jewett, "• " " " 
John Mackin, Section Master, " " 
B. Cummings, " " " " 
John F. Claike, Master Machinist, " " 
John Whitlock, " Blacksmith, " " 
J. W. Berry, " Ci.rpenter, " " 
J. Mittendorf, Car Inspector, per day, 
Henry Kohle, Assirlant, _ " " 
Depot and Bridge Watchmen, average of $1 07'per day. 
12 Free Firemen and Train hands, average price " " 

2 Machinists, " " " " 

2 Apprentices, " " " " 

1 Blacksmith, 
4 Carpenters, 

A. M. Barrett, Painter, .... 

SLAVES. 

At Richmond Depot and Office, . • 

" " Omnibus and wagon driTers, 

« <' in shops, four of them mechanics, 

" << Petersburg Depot, . . 

" " Clover Hill and other Stations, . . 

"" As Firemen and Train hands, . . • • 

*■■ " Section men on i epairs of road, 
On material and Gravel Train, . . • • • 



. 


1,750 00 




2,000 00 




1,000 00 




1,000 00 




420 00 




800 no 




300 00 




720 00 




400 00 




480 00 




55 00 




55 00 




40 CO 




40 00 




50 00 




70 00 




70 00 




70 00 




70 00 




70 00 




70 00 




45 00 




45 00 




60 06 




65 00 




75 00 




1 75 




1 25 




1 00 




1 75 




50 




1 90 




1 58 




1 67 


12 
6 
8 
5 
6 
3 
8 
T 





^ 398 

No. 11. 
StaUment of Materials on hand March Slst, 1861. 



Old coal car, wheels and axles fitted up, 
New " " " " " not fitted up, 
Engine and car wheels fitted up, . 

Axles for cars and engines not fitted up. 
Iron Castings for engines and cars. 
Brass " " " " " . 
Copper flues " " " " 
Iron, wire, sheet lead, packing, &c., . 

Extra new work fitted up for engines. 
Iron and steel, . . . , 

Smoke stacks and lamps, . . . 

Car and tender springs, 
Cast iron tire, . » . . 

Wrought iron tire, . . . 

ti It a , , , 

Cross ties, .... 

Railroad iron, . • . 

Lumber, ..... 



$300 GO 


105 00 


100 GO 


50 GO 


500 00 


BOO 00 


200 00 


20 00 


100 GO 


230 GO 


250 00 


150 00 


130 00 


372 GO 


150 00 


990 GO 


138 00 


1,000 00 



$5,285 00 



TWENTY-SEVENTH 



ANNUAL MEETING 



OF THE 



STOCKHOLDERS 



OF THE 



AT THEIR GENERAL MEETING, 



AND 



EEPOHTS 



MADE 



By the President, Directors and Superintendent 



TO THE 



STOCKHOLDERS, 



MAY a7TH, 1863. 



RICHMOND: 

MACFARLANE & FERGUSSON, PRS. 
1862. 



TWENTY-SEVENTH 



Held on Tuesday, May 27, 1862. 



At a meeting of the Stockholders of the Richmond and Petersburg 
Railroad Company, held at the office of the Company in Richmond, on 
Tuesday, the 27th day of May, 1862 : 

Gustavus A, jNIyers was appointed Chairman, and M. W. Yarrington 
Secretary. 

The Chairman appointed Messrs. W. F. Watson and B. W. Haxall 
a committee to examine proxies. 

The committee reported that they had examined the proxies, and 
found them to agree with the list laid before them by the Treasurer; 
which report was received and approved. 

There being present in person and by proxy private stockholders en- 
titled to 1,398 votes, and the proxy of the Board of Public Works, 
Wm. F. Watson, Esq., entitled to 932 votes, being equal to two-thirds 
of the votes of the private stockholders present, in all 2,330 votes, (the 
whole number of votes that could be given by all of the stockholders 
being 3,336 votes,) the meeting proceeded to business. 

Whereupon the annual report of the Board of Directors, with its ac- 
companying documents, were laid before the meeting, and after having 
been read and examined, on motion, were received and approved. 

The following report of the committee of examination was laid be- 
fore the meeting, and, on motion, wag received and approved : 

The committee have to report that they have made their usual examination 
of the road from Richmond to Petersburg-, and to Port Walthall, and that while 
llie track is not in sncli jjcrfect order as it was at the last meeting of the stock- 
holders, it is certainly in better condition than they expected to have found it, 
after the constant rains of the past winter and spring, and the immense 
amount of extraordinurily heavy transportation which has recently passed over 
it. Everything has evidently been done by the oflicers and agents of the com- 
pany to keep the road in the best possible condition, during this severe test to 
which it has been subjected. The bridges are in excellent condition, and 



402 

some improvements have been made adding to their strength and durability; 
improvements have also been made at other points on the road, but as they 
will of course be mentioned in detail, in the Superintendent's report, the com- 
mittee deem it unnecssary to do more than refer to them. 

The James River bridge, the most important structure on this road, and of 
such vital necessity to all of the roads connected with it, suffered some dam- 
age from a severe storm which occurred during the month of February, tear- 
ing up a considerable extent of its flooring, but was speedily repaired, and is 
to all appearances, in as good condition as it was at your last annual meeting. 

Your committee would call the attention of the stockholders to the import- 
ance of taking some measures, if practicable, to have the vast amount of 
combustible material with which the northern end of this bridge is almost 
surrounded, removed; these nuisances extend on one side of it from a manu- 
factory of cartridges to within a short distance of the bridge, and an explo- 
sion occurred in this establishment a few weeks since, which had it resulted 
in the burning of those buildings would, in all probability, have extended to 
it and might have resulted in its destruction. The importance of this matter 
would seem to demand immediate attention, and nothing should be omitted 
which can possibly tend to effect this object. 

A portion of the committee have examined the books in a general way, and 
report them accurately and neatly kept. 

Respectfully submitted. 

WIRT ROBINSON, Chmn Com. 

Messrs. Wirt Robinson, Wm. W. Harvie, T. H. "Wynne, Wm. F. 
Watson and Dr. Levin S. Joynes, were appointed the committee of ex- 
amination. 

The meeting then proceeded to the election of officers, whereupon 
Charles Ellis, Esq., was unanimously elected President of the Compa- 
ny, and Messrs. Richard B. Haxall, B. W. Haxall and Dr. Charles S. 
Mills were unanimously elected directors on behalf of the stockholders. 

Messrs. Robert Leslie and Roscoe B^ Heath were, announced to have 
been appointed directors on behalf of the State. 

On motion of Wm. F. Watson, Esq., 

Resolved, That th« President take such measures in regard to publishing the 
report of the President and Directors, with the accompanying documents, and 
proceedings of this meeting as he may deem expedient. 

On motion, the meeting then adjourned. 

CrUSTAVUS A. MYERS, Chairmcm; 
M. W. Yarrington, Sec'^. 



A:tTNUAL REPORT. 



The Board of Directors respectfully submit to the Stockholders their 
annual report and accompanying statements, cxliibiting the condition of 
the affairs of the Company for the year ending the 31st March, 1862. 

The receipts of the Company from all sources, for the past fiscal 
year, amount to $300,980 88; during the same period the ordinary 
expenses have been $98,047 98; extraordinary, including the purchase 
of an additional engine, $8,710 42, leaving a net balance of earnings 
of $194,222 48. 

Out of the surplus which had accrued, the Board considered it 
wise to reduce the debt of the Company as much as possible; accord- 
ingly, on the 7th November last, the dividend bond due to the State, 
amounting to $33,408, were paid. The Board of Public Works being 
of opinion that they were not authorized to execute a release of the 
mortgage which had been given on the works and property of the 
Company to secure the principal and interest of this debt, an Act of 
the Legislature, passed March 27th, 1862, was obtained; by reference 
to which it will be seen that the Company is entirely relieved from 
that mortgage. 

There has been a farther diminution of the indebtedness of the 
Company by the purchase of $13,000 of its 7 per cent, bonds, and the 
payment of the last of the outstanding certificates of debt for dividends 
and interest thei'eon, amounting to $799 84. In addition, one of the 
.6 per cent, coupon bonds, for $500, has been converted into Stock, thus 
making an aggregate reduction of debt of $47,707 84. There remains 
$24,000 of 6 per cent, convertible coupon bonds, and $130,500 of 7 
per cent, bonds, coupon and registered, in all $154,500, as the entire 
funded debt of the Company, which will become due and payable in 
1875. 

It was found impossible to invest the remainder of the surplus in 
an acceptable manner; the Board, therefore, rather than permit it to 
remain idle in bank, determined to anticipate the usual period for a 
declaration of dividend, and accordingly directed that a dividend of 
four per cent, should be paid to the Stockholders on the 5th instant. 

There has been a large increase in the income of the Company and, 



404 

of course, an increase in the expenditures to conduct the amount of 
transportation performed. It is but just, however, to an intelligent 
understanding of the true situation of the Company, to advise the 
Stockholders that apart from unforeseen accidents, the cash expended 
during the past year is not a correct index of the actual outlay which 
will be needed to place the roadway and rolling stock in the same state 
it was at the commencement of the war. Our experienced Superin- 
tendent is of opinion, that we cannot safely calculate on less than 
50 per cent, of our gross earnings, large as they now are, as the proper 
measure of expense for conducting the transportation and maintaining 
the property of the Company in proper condition. 

A contract has been entered into for the transportation of the Con- 
federate States' Mail once, daily, at an annual compensation of $3,675. 

Application was made to the General Assembly for authority to con- 
nect, permanently, the tracks of the Richmond, Fredericksburg and 
Potomac llailroad Company, and of this Company, in Richmond, and 
of this Company and that of the Petersburg Railroad Company, in 
Petersburg. The Act passed February 1st, 1802, is herewith com^ 
municated. No action has as yet been taken under this Act in conse- 
quence of the disturbed condition of puolic affairs. 

In December last our valuable Superintendent, Mr. T. H. Wynne, 
resigned his office ; the Board could not but with reluctance part with 
so capable and experienced an officer; they have it in their power to 
congratulate the Stockholders at regaining the services of so entirely 
competent a successor as our present Superintendent, Mr. E. H. Gill. 

The report of the Examining Committee and of the Superintendent, 
will show the condition of the roadway and rolling stock of tho 
Company. 

It is a gratifying evidence of the faithful manner in which the 
officers and agents of the Company have performed their duty, that more 
than 200,000 passengers have been safely passed over the road, and 
upwards of 80,000 tons of freight, a movement requiring many extra 
trains, much labor and unusual exertion in every department by all in 
the employment of the Company. 

Signed on behalf of the Board of Directors. 

CHARLES ELLIS, Presuhni. 



405 

-A. BlXjUi 

Releasing a lien to the Richmond and Petersburg Railroad Company. 
Passed March 27th, 1862. 

Whereas, by an act passed on the 30th of March, 1838, entitled an act con- 
cerning the Richmond and Petersburg railroad, the board of public works 
was authorized to loan, on behalf of the commonwealth, to said company the 
sum of one hundred and fifty thousand dollars, and the company was required 
to execute a mortgage upon its property and tolls to secure the payment of 
the principal and interest of said loan : And whereas, by an act passed on 
the 25th of March, 1843, entitled an act converting into stock the State's loan 
to sundry railroad companies, and for other purposes, the said company was 
authorized to increase its capital to the amount of the loan aforesaid, and the 
board of public works was authorized to subscribe on the part of the State 
for the said increased capital, and to take, in exchange therefore, stock of the 
company to an amount equal to the principal of the debt, thus liquidating the 
principal, and leaving only the interest and the dividend which was then due 
to be paid, but the mortgage was retained to secure the payment of said inter- 
est and dividend: And whereas, by an act passed on the 28th of February, 
1846, entitled an act for the relief of the Richmond and Petersburg railroad 
company, the said company was authorized to issue bonds bearing interest in 
lieu of dividends in money, which bonds were issued : And whereas, by an 
act passed on the 9th of March, 1850, entitled an act in relation to the Rich- 
mond and Petersburg railroad, the said company was exonerated from the 
payment of dividends to the State until dividends were declared alike to the 
State and to Other stockholders, and the collection of the dividend bonds then 
due was suspended during the pleasure of the legislature, but the aiortgage 
which has been given by the company was retained to secure the payment 
of the whole of the said debt and interest: And whereas the company, as 
now appears by the books of the second auditor, has paid the full amount due 
for said dividend bonds, principal and interest, and thus the original loan has 
been re-paid, the interest thereon has been satisfied, and the dividend bonds 
have also been paid, and there is no reason for the continuance of the lien 
upon the property of the company herein before mentioned, and it is there- 
fore proper that the same be released : Therefore, 

Be it enacted by the General Assembly, that the fourth section of tlie act 
entitled an act in relation to the Richmond and Petersburg railroad, passed 
March 9th, 1800, requiring said lien to be retained, shall be and the same is 
hereby repealed, and the lien of the commonwealth upon said railroad, for 
the debt and interest therein mentioned, shall be and is hereby released, 
and the said company exonerated from all claim of the commonwealth 
therefor. 

This act shall be in force from its passage. 



406 



To provide for the more effectual and speedy transportation of freight 
and travel through the cities of Richmond and Petersburg. 

Passed February 1st, 1862, 

Be it enacted by the General Assembly, that the Richmond, Fredericksburg 
and Potomac railroad company and the Richmond and Petersburg railroad 
company, or either of them, is hereby authorized to extend their roads, or 
either of them, through the city of Richmond, so as to connect with each 
other, and that the Richmond and Petersburg railroad company and the 
Petersburg railroad company, or either of them, is hereby authorized to extend 
their roads, or either of them, through the city oT Petersburg, so as to connect 
^vith each other, and to use such connections for all their purposes of trans- 
portation in like manner as the rest of their road ; Provided, however, that 
in making said connections, or either of them, they shall not interfere with or 
use the line of the connections heretofore made by authority of the Comman- 
der-in-chief of the Confederate forces in this State, without his consent there- 
to: And provided further, that the government of the Confederate States and 
the State of Virginia shall be authorized to use said connections, made by 
said companies, in the transportation of troops, munitions of warj and all mili- 
tary supplies, in the same manner and upon the terms prescribed for the use 
of the railroads of said companies or either of them, as now established, or 
may be hereafter prescribed by law. 

Be it further enacted, that in order to enable the said companies to 
make the extensions of their roads herein provided for, it shall not be neces- 
sary to obtain the assents of either of the cities lierein mentioned to carry out 
the objects and provisions of this act, but they are hereby authorized immedi- 
ately to enter upon and occupy any real property, public or private, which 
may be needed to make said extensions, any law heretofore passed to the 
contrary, notwithstanding, and to have the same condemned: The amount of 
any damages for entering upon and occupying any real property, to be ascer- 
tained as now provided for by law, with regard to corporations generally -' 
Provided, however, that no dwelling house shall be taken for the purposes 
aforesaid, without the consent of the owner thereof. As soon as a route is 
located for either of the connections authorized by this act, through either of 
the said cities, notice thereof shall be given by the company making it to the 
Common Council of such city, who, if they object to such location, may apply 
within ten days thereafter to the Board of Pul)lic Works to change the same, 
and said Board, if requested by the Common Council, shall cause surveys to 
be made to ascertain the practicability of making said connection by a route 
outside the limits of said city; and if, upon such surveys and other evidence, 
the Board shall be of opinion that a suitable connection can be made without 
passing through the city, then said connection shall be made outside the limits 



407 

thereof, but if the Board shall be of opinion that said connection ought to be made 
through the city, they shall cause the same to be located by such route a?, in 
their judgment, will answer the purpose and cause the least injury to said 
city : Provided, that before said connection shall be made through the city of 
Petersburg, the company proposing to make it, shall obtain the consent of the 
Confederate government to abandon the connection now existing through said 
city as soon as the one hereby authorized is completed, and when completed 
such existing connection sliall be no longer used : Provided further, that the 
connections through the said cities of Richmond and Petersburg shall be loca- 
ted with a grade sufficient for the transportation by steam of freight and pas- 
sengers, and be opened for trade and travel simultaneously; and a failure to 
use or operate one of said connections shall render it illegal to use or operate 
the other. 

The ordinances of the Convention passed on the 24th and 26th day* of 
June, 1S61, so far as the same revoke the right of either of said companies to 
connects the said roads, and as far as the same are in conflict with this act 
shall be, and the same are hereby repealed. 

This act shall be in force from its passasic. 
A copy from the Rolls. 

Teste, WM. F. GORDON, Jb., C. H. D. and K. of R. 



408 
A. 

State^nent of the affairs of the Richnond and Petersburg Railroad 



COST OF ROAD AND PKOPEUTY. 

From Riohmond to Petersburg, including interest, 

per statement A No. 1, 922,822 39 

Biauch road to Port Walthall, including purchase 

oC land, wharves, coal tracts and cars, .- . . 45,539 09 

_ 968,361 48 

Reconstruction of road, 219,S5v. oO 

Land purchase. 22,428 26 

DEBTS DUE TO TBE COMPANY. 

This Company's stook taken for debt, 5,376 06 

Open accounts, • • 32,794 89 

38,170 95 

Cr.sh on band ^^'^"^^ ^^ 



§1,332,354 70 



409 



Company, from the commencement of the work to the Ist day of jlpril, 1862. 



CAPITAL STOCK. 

Subscribed by individuals, 3,000 shares, 300,000 00 
Convened loan stock at $50, 3,020 " 151,000 00 

-^451,000 00 

Subso'd by the State, old stock, 2,000 " 200,000 00 
new stock, 1.856 '* 185,600 00 

, .— 385,600 00 

_ 836,600 00 

9,876 shares entitled to equal dividends. 

DEBTS DUE BY THE CQMPA^fy. 

Coupon bonds due June 1st, 1875 79,500 00 

Registered bonds due June 1st, 1875, 51,000 00 

Coupon bonds due July 1st, 1875 24,000 00 

Unclaimed dividends, . . , . , , . 6,420 00 

Bills payable, , 769 71 

Open accounts, , , . , 13,236 20 

— -^ — 174,925 &1 

Profit and loss 320,828 79 

$1,332,3-54 70 

M. W. YARRINGTON, Treasunr. . 
Jiichmoticl, April 1st, 186,2. 



410 



A No. 1. 



Heads of Expenditure for construction of Road and purchase of Property to 

Isl April, 1862. 



Preliminary surveys, -....- 2,896 87 

Contingent expenses, ...... 2,675 69 

Purchase of Manchester and Petersburg Turnpike stock, - 23,841 35 

Engineering expenses, ...... 32,403 99 

Real property in Richmond, - ... - 21,917 24 

'' " Pocahontas, ..... 3.200 GO 

" " Petersburg, - - - - . 1,928 35 

" Chester, - - - - - - 900 00 

Land damages, ...... 22,802 26 

Graduation, ....... 168,373 32 

Superstructure, ...... 111,510 09 

Masonry, -.-.-... 72,223 29 
James River Bridge— Masonry, - - - 49,783 03 
Superstructure, - - 86,050 15 



135,833 IS 

Falling Creek Bridge, ...... 10,889 30 

Swift Creek Bridge, ...... 10,027 79 

Kingsland Creek Bridge, ..... 5,496 42 

Depots and work shops, ...... 13,106 72 

Richmond Depot, ...... 44,029 05 

Manchester Depot, ...... 3,359 04 

Water Station, - - - . - - - 1,181 54 

Pocahontas Depot, - - - " - - - 8,01179 

Locomotive, engines and cars, .... 97_,50S 69 

Omnibus, ........ 1,639 83 

Oihcers' salaries, ...... 5,717 33 

Repairs of Turnpike at the date of purchase, - - - 1,389 97 
Interest on loans, ..... 113,099 57 

Premium on sterling bills, and commission on paying 

loan due in England, .... 6,859 72 

119,959 29 



922.822 S9 



M. W. YARRINGTON, Treasurer. 
Richmond, April \st, 1862. 



411 



B. 

Statement of Financial Jffairs within the year Ending March 31 st, 1S02. 



Cash on hand March 31st, 1861, - - - 7,553 77 

Debts due to the Company — Increased this sum, 11.541 42 

Transportation — Received this sivm, - - 300,980 88 

Transportation — Received from Manchester and 

Petersburg Turnpike, . - . . 115 10 

Transportation — Received from Omnibus expenses 

this sum, ..... 662 9A 

Capital Stock — Increased this sum, - - 5U0 00- 

DI8BBRSBMENT3. 

Land Purchase — Increased this sum, - - 1,162 42 

Debts due by the Company — Decreased this sum, 36,847 93 

Ordinary expenses .... 106,844 89 

Interest — Paid this sum, .... 11,217 77 

Dividends— Paid this sum, - - - 58,656 GO 

Cash on hand March 31st, 1862, - - - 83,541 §1 



309,811 99 309,811 99 



Ml W, YARRINGTON, Treasurer. 



Richmond, Jpril ]-st, 1862, 



412 



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413 



Statement of Transportation Expenses from April \st, 1861, to Jpril ]s^ 1862. 



ORDINARY. 

Repairs of road, $14,193 84 

Repairs of bridges, 2,r)01 02 

Repairs of depots and water stations, 3,684 65 

Repairs of locomotive engines and tenders, 13,541 02 

Repairs of passenger, mail and baggage cars, 3,675 25 

Repairs of freight cars and flats, 3,073 4 1 

Repairs of coal cars, 3,445 33 

Repairs of shop tools and machinery, 978 68 

Oil and tallow, 4,644 74 

Cotton waste, '. 494 96 

Wood, _ 7,219 35 

Train expenses, .... * 14,032 67 

Depot expenses, 13,056 80 

Postage, stationery and printing, 509 85 

Officers' salaries, 5,875 02 

Insurance, 1,907 50 

Tax account, ,. ., 719 14 

Cattle killed by trains, 125 00 

Lost and damaged goods, 2,480 89 

Miscellaneous expenses, 1,008 95 

New buildings, 57 75 

Through travel expenses, 1,168 35 

Omnibus expenses, . . . , -■> 490 45 

Clover Hill transportation expenses, 6,640 19 

New passenger, mail and baggage cars, 546 75 

New coal cars, 686 84 

Manchester and Petersburg Turnpike, 86 49 



$106,844 89 



M. W. YARRINGTON, rreflswrcr. 
Richmond, April 1st, 18S2. 



414 



E. 



Comparative Statement of the business of the Rirhmnnd and Petersburg Railroad 
Company, the year ending March 31s/, ISGl, and the year ending March "ilit, 
1S62. 



Ca<h 

Pehts due to the Company,. . 

Bill? receivable, 

CojL of road and iiioperty, . . 
Cost of branch road and pro- 

I'erty, 

Recinstniction of road, 

Lanl purchase, .... 

Capital stock, 

Dividends due to the State,. 

Certificates of debt for divi- 
dends, 

Open accounts due by the 
Company, 

Coupon bonds due June Ist. 
1S75, 

Re;zistered bonds due June 
Jit. Ib75, 

Ciiupon bonds due July 1st, 
1875, 

Bills payable, 

Profit and loss, 



1861. 



7,553 77 

20.348 53 

6,281 00 

922,822 39 

45,539 09 

219,852 50 

21,265 84 



1,243,663 12 



836,100 00 

33,408 00 

670 77 

5,237 29 

143,500 00 



24,500 00 

4,457 83 

195,789 23 



1,243.663 12 



1862. 



83,541 51 
38,170 95 

922,822 39 

45,539 09 

219,8.52 50 

22,428 26 



1,332,354 70 



836,600 00 

19,656 20 

79,,500 00 

51,000 00 

24,000 00 

769 71 

320.828 79 



1,332,354 70 



In 1862. 



Decrease 

of Dr., and 

increase 

of Cr. 



6,281 00 



500 00 



14,418 91 



51,000 00 



125,039 56 



197,239 47 



Increase 
of Dr., and 

decrease 
of Cr. 



75.9S7 74 
17,822 42 



1,162 42 

33,4£)8 00 
670 77 

64,000 00 



500 00 
3.088 12 



197,239 47 



M. W. YARRINGTON, Treasurer. i» 



Richmond, April \st, 1862. 



SUPERINTENDENT'S REPORT. 



GENERAL SUPERINTENDENT'S OFFICE, 
Richmond and Petersburg Railroad, 

Richmond, A^ril \&ty 1862. 

Charles Ellis, Esq., President, 

Dear Sir — I respectfully submit the following report of the opera- 
tions of the road, for the fiscal year which has just terminated: 

RECEIPTS OR EARNINGS, 



From transportation of passengers, 
'' extia baggage and express freight, 
" mails, .... 
'' transportation of freight, 
" miscellaneous sources, 

Total receipts or earnings, 



167,983 58 
23,912 13 

4,287 50 
97,025 60 

7,772 07 



$300,980 88 



EXPENSES OF WORKING THE ROAD. 



For repairs of road, 

" repairs of bridges, and watching, 

" repairs of depots and water stations, 

" repairs of engines and tenders, 

" repairs of passenger, mail and baggage cars, 

" repairs of freight cars and Hats, 

" repairs of coal cars, 

" repairs of shop tools and machinery, 

" oil, tallow and grease, 

" cotton waste, 

" wood, .... 

" train expenses, including the pay of condttctors, 
baggage masters, engineers, firemen, brake- 
men, &c., ..... 

Amount carried forward, 



14,193 84 

■ 2,501 02 

3,684 65 

7,291 02 

3,675 25 

3,073 41 

3,445 33 

978 68 

4,664 74 

494 96 

7,219 35 



14,032 67 



65,254 92 



416 



Amount brought forward, . 
For depot'expenses, includina; the pay of agents, 
hands and watching, 
postage, stationery and printing, 
officers' salaries, , 

insurance and miscellaneous expenses, 
taxes, .... 
cattle killed by trains, . 
lost and damaged goods and baggage, 
through travel expenses, 
omnibus expenses, 
Clover Hill transportation expenses, 
new buildings, 
new cars, 

new coal cars, ... 
new locomotive engines. 
Total expenses, 

Leaving a net balance of receipts of 



65,254 92 $300,980 88 



13,05& 


80 




509 


85 




5,875 


02 




2,916 


45 




719 


14 




125 


00 




2,480 


89 




1,168 


35 




490 


45 




6,640 


19 




57 


75 




546 


75 




686 


84 




6,250 


00 


106,7'58 40 






#194,222 48 



Being over sixty-four and one-half per cent. 

The extraordinary expenses for the year are embraced in the above^ 
and are as follows : 



New buildings, 


57 75 


New cars, .... 


546 75 


New coal cars, 


686 84 


New engine, .... 


6,250 00 


Railroad iron, 


1,169 08 


Sum total of extraordinary expenses. 


. $8,710 42 



The receipts compared with those of the last fiscal jear, exhibit an 
increase of ^150,548 55, and the expenses an increase of §32,986 03. 



TONNAGE. 



The tonnage, exclusive of coal, express freight, and exti-a baggage, 
amounts to 24,325 tons, and the receipts from this tonnage amount to 
$58,410 06, or $2 40 per ton. 

The coal transported amounts to 50,608 tons, delivered as follows: 



At Richmond. 
At Port Walthall, 
At Petersburg, 



32,259 tons. 

5,979 « 
12,370 " 



417 

The receipts from the transportation of coal amount to $38,615 54, 
being at the rate of 76 30-100 cents per ton, or Sl.OS per mile run. 

The freight of all kinds transported during the year, amounts to 
80,750 tons, and the number of tons transported one mile is 2,151,954. 

PASSENGERS. 

The number of passengers transported amounts to 202,303, o" these 
20,478 were through, 723 were Clover Hill, and the balance were 
troops and local passengers. The receipts from passenger fare amount 
to S167,988 58, or 83 30-100 cents per passenger, and the total move- 
ment of passengers, or number transported one mile is 4,384,928. In 
addition to the above, there were 3,500 free passengers transported. 

EXPRESS FREIGHT AND EXTRA BAGGAGE. 

The receipts from express freight and extra baggage amount to $23,- 
912 13. The receipts per mile run of all the trains amount to $2 91, 
and the expenses per mile run of all the trains amount to $1 03. 

For full statements in detail, relative to the ireight and travel, I re- 
fer you to the accompanying tables marked Nos. 1, 2, 3, 4, 5, 6, 7, 8, 9 
and 12. 

THE ROAD. 

Th'C road is in as good condition as could reasonably be expected af- 
iev the continued heavy rains of the winter and spring, which prevent- 
ed the usual repairs from being made. During the year 5,841 new 
cross ties have been laid, and it will be necessary to lay about 8,000 
more during the present year. 

BRIDGES. 

The bridges are in good order. On the 24th of February about 600 
feet of the roof or flooring of the James River bridge, together with 
the track, was removed by a violent storm of wind, and a large portion 
of it precipitated into the river, and the running of the trains from 
JRichmond suspended for about two days. 

BUILDINGS. 

* The buildings, with some exceptions, are in a good state of preser- 



418 

vation. On the 24th of February, the frame engine house at Chester 
■was blown down, and the materials so much injured and broken as to 
be useless. A new dwelling house for the use of the Section Master 
has been erected at Swift Creek. 

LOCOMOTIVE ENGINES. 

The engines, with the exception of one, which is undergoing repairs, 
are in running order; there are ten in number, one of which, the Te- 
cumseh, was purchased from the Richmond, Fredericksburg and Po- 
tomac Company for $6,250 in February. 

The engine, J. H. Cox, which was unfit for service, being worn out, 
was broken up last summer, and the parts not wanted for the repairs of 
other engines were sold. The Cox was built in 1^46. 

The number of miles run by the engines amounts to 103,654, and 
the cost of the engine repairs to 7.08 cents per mile run. 

For the cost of repairs, miles run by each engine, and other infor- 
mation relative to the engines, I refer you to tables Nos. 10 and 11. 

ROLLING STOCK OR CARS. 

The cars, though not in good order, considering their constant use, 
and but little time being allowed for their repair, and the large number 
of troops which have been transported in them during the last year, 
are in as good condition as could be expected. There are 7 first and 5 
second class passenger cars, 3 baggage and mail cars, 23 box and 2 
stock cars, 22 flats, 7 seventy-five bushel, 7 eighty bushel, 52 one hun- 
dred bushel, 77 one hundred and twenty-five bushel, and 3 one hun- 
dred and fifty bushel coal cars, 5 dirt, 3 crank and 3 pole cars. 

OMNIBUSSES. 

The through travel arrangements at Richmond having been discon- 
tinued last spring, the omnibusses were laid up and the horses sold. 

MATERIALS ON HAND. 

The value of the materials on hand, consisting of iron, steel, cast- 
ings, lumber, ties, wood, oil, paints, provisions, &c., amounts to $12,095, 
for an inventory of which I refer you to table marked No. 14. 



419 



ACCIDENTS RESULTING IN LOSS OF LIFE. 

On the 6tli of November a slave belonging to Mr. Henry Winfree, 
employed as a brakeman, was knocked off a train by a bridge and 
killed. 

On the 9th of February a slave hired of Mr. H. B. Homes, while 
coupling some cars at Clover Hill, got hurt, and shortly afterwards died 
from the injury. 

For a list of the names of the officers, agents and employees of the 
Company, and the pay of each, I refer you to statement marked No. 
13. 

In closing this report I take occasion to remark that the duties de- 
volved upon the agents and employees of the Company during the past 
year in transporting troops and munitions of war have been very labo- 
rious, but they have been performed cheerfully, and in a highly satis- 
factory manner. 

Respectfully submitted. 

E. H. GILL, 
General Superintendent. 



420 



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421 

No. 2.— RICHMOND AND PETERSBURG RAILROAD. 

Statement of Local Passengers between Richmond and Petersburg for the year 
ending March 3lst, 1862. 

NORTHWARDLY. 





WayP 


assen- 


Way Passen- 


Petersburg 










gers 


set 


gers 


to 




Total. 






down. 


taken up. 


Richmond. 






Grand 


Month. 
















Total. 


Whites. 


Blacks. 


WhitsR. 


Blucks. 


Whites. 


Blacks. 


Whites. 


Blacks. 




1861, Ap'l 


116 


14 


39 


21 


1,704 


204 


1,859 


239 


2,098 


May 


118 


17 


46 


25 


2,310 


188 


2,474 


230 


2.704 


June 


173 


16 


26 


8 


10,819 


147 


11,018 


171 


11,189 


July 


128 


14 


29 


14 


16,750 


191 


16,907 


219 


17,126 


Aug. 


&7 


27 


38 


15 


20,362 


326 


20,487 


368 


20.855 


Sept. 


128 


11 


29 


15 


9,363 


312 


9,520 


338 


9,S58 


Oct. 


103 


28 


30 


10 


6,154 


252 


6,287 


290 


6,577 


Nov. 


102 


25 


33 


23 


8,348 


355 


8,483 


403 


8,886 


Dec. 


114 


55 


48 


58 


4,189 


412 


4,351 


525 


4.876 


1862. Jan. 


180 


21 


100 


46 


4,202 


615 


4,482 


682 


5.164 


Feb. 


192 


22 


60 


43 


8,309 


482 


8,561 


547 


9,108 


Mar. 


219 


26 


48 


31 


10,769 


390 


11,036 


447 


11,483 


Total, 


1,660 


276 


526 


309 


103,279 


3,874 


105,465 


4,459 


109,924 



SOUTHWARDLY. 





Way Passen- 


Way Passen- 


Richmond 










gers 


set 


gers 


to 


Total. 






down. 


taken up: 


Petersburg. 






Grand 


Month. 
















Whites. 


Blacks. 


Whites. 


Blacks. 


Whites. Blacks. 


Whites. 


Blacks. 




1861, Ap'l 


127 


28 


31 


16 


1,400 


237 


1,558 


281 


1,839 


May 


132 


16 


29 


12 


1,940 


181 


2,101 


209 


2.310 


June 


187 


17 


28 


9 


3,671 


146 


3,886 


172 


4,058 


July 


98 


11 


44 


6 


2,907 


200 


0,049 


217 


3,2 6« 


Aug. 


89 


19 


46 


16 


3,697 


282 


3,832 


317 


4,149 


Sep. 


117 


16 


46 


17 


4,003 


328 


4,166 


361 


4,527 


Oct. 


97 


18 


36 


19 


9,133 


408 


9,266 


445 


9,711 


'Nov. 


118 


18 


34 


IS 


5,829 


486 


5,981 


522 


6,503 


.Dec 


132 


87 


28 


38 


7,871 


476 


8,031 


601 


8,632 


1862, Jan 


213 


32 


47 


16 


5,714 


467 


5,974 


515 


6,489 


Feb. 


288 


31 


62 


29 


7.658 


418 


7,928 


478 


8,406 


Mar, 


184 


23 


70 


21 


10,665 


325 


10,919 


369 


11,288 


Total, 


1,702 


316 


501 


217 


64,448 


3,954 


66,691 


4,487 


71,178 



SUMMARY. 

Northwardly,.. 109,924 

Southwardly,. 71,178 

Total, 181,102 



422 



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424 



No. 4.— RICHMOND AND PETERSBURG RAILROAD. 

Statement of Through Passengers for the year ending March 31st, 1862. 
SOUTHWARDLY. 







C3 






From Richmond 






J 


^ 




o 


tc 






Month. 


s3 






From 
Washingt 


Weldon an 


d Gaston. 






Whites. 


Blacks. 


5 
o 




Is 


&- 


pq 






H 


1 SCI— April, 


45 


67 


81 


153 


31'J 


218 


883 


May, 














523 


88 


611 


Jime, 


















429 


41 


470 


July. 


















662 


89 


751 


August, 


















830 


117 


947 


Sept., 


















695 


144 


839 


Oct., 


















756 


255 


1,011 


Nov., 


















631 


367 


998 


Dec.. 


















663 


187 


850 


1S62— Jan., 


















543 


124 


667 


Feb., 


















478 


88 


566 


March, 


















585 


153 


738 


Total, 


45 


67 


81 


153 


7,114 


1.871 


9,331 



NORTHWARDLY. 



Month. 


From 
Washington. 


From Weldon, 
Raleigh and 
Gaston. 


From Weldon 

to 

Richmond. 


t 

il 

Ch 

12' 


3 




Whites. 


Blacks. 


la 

e2 


1861— April, 


1,115 


151 


213 


29 


7 1.635 


May. 


476 


33 


426 


31 




966 


June, 


344 


42 


228 


17 




631 


.July, 


546 


38 


475 


32 




1,091 


August, 


566 


52 


548 


48 




1,214 


Sept., 


619 


53 


416 


41 




1,129 


Oct., 


545 


75 


291 


24 




935 


Nov., 


482 


46 


205 


37 




770 


Dec, 


494 


34 


267 


20 




815 


1862— Jan., 


527 


57 


199 


38 


. 


821 


Feb., 


298 


41 


240 


41 




620 


March, 


288 




192 


40 




520 


Total, 


6,300 


622 


3,700 


398 


12' 


7 11,147 



Total number of Through Passengers, each direction, 20,478 



425 



No. 5. 
RICHMOND AND PETERSBURG RAILROAD. 

Statement of the number of Passengers transported on the Road during tlie year 
endnig March 31sf,' 1862. 

SOUTHWARDLY. 

Through Passengers, ..... 9,331 

Local Passengers, ..... 71,178 



80,509 



NORTHWARDLY. 

Through Passengers, ..... 11,147 
Local Pasengers, ..... 109,924 

121,071 

Passengers between Richmond and Petersburg and 

Clover Hill, .^ . . . . . 723 



Total number of Passengers, . . 202,303 

Equal to 4,384,028 Passengers transported one mile. 



426 



No 6. 

RICHMOND AND PETERSBURG RAILROAD. 

Stalevteut of Coal transported from Clover Hill ihtring the year ending March 

31st, 1862. 





To Rich- 


To Peters- 


To Port 


Aggregate 






Month. 


mond. 


burg. 


Walthall. 


number of 


Tons. 


Amount. 




Bushels. 


Bushels. 


Bushels. 


bushels. 






1861— April, 


48,935 


15,125 


69,035 


133,095 


4,159 


2,044 39 


May, 


69,875 


29,005 


38,690 


137,570 


4,299 


3,173 29 


June, 


51,195 


24,225 


35,490 


110,910 


3,466 


2,609 74 


July, 


81,105 


30,385 


14,855 


126,405 


3,950 . 


3,009 89 


Aug., 


102,840 


35,930 




138,770 


4,336 


3,379 43 


Sep. 


92,000 


48,080 




140,080 


4,378 


3,381 80 


Oct. 


110,880 


44,3S5 




155,265 


4,852 


3,770 66 


Nov., 


100,345 


45,055 




145,400 


4,544 


3,522 36 


Dec, 


91,720 


36,105 




127,825 


3,995 


3,105 36 


1862— Jan., 


90,960 


28,490 


6,535 


125,985 


^,937 


3,045 72 


Feb., 


82,160 


29,270 


22,585 


134,015 


4,188 


3,164 28 


Mar., 


110,230 


29,790 


4,130 


144,150 


4,504 


3,508 62 


Total, 


. ,032,305 


395,845 


191,320 


1,619,470 


50,608 


.38,615 54 



SV M M AR Y. 

Transported to Richmond, 1,032,305 Bushels— 32,259 Tons. 

" " Petersburg 395,845 " 12,370 " 

•' " Port Walthall,. 191,320 " 5,979 " 

Total, 1,619,470 " 50,608 



427 



No. 7. . 

RICHMOND AND PETERSBURG RAILROAD. 

Monthly statement of Freight transported from Clover Hill to Richmond during 
the year ending March 3ist, 1862. 



Month. 


Tobacco, 
Hluls. 


Tobacco, 
lbs. 


Wheat, 
bushels. 


Wheat, 
lbs. 


Miscellane- 
ous freight, 
lbs. 


Total, 
lbs. 


1861— April, 






12 


720 


950 


1,670 


May, 


.... 


.... 










J '.ne, 


.... 


. . . 


.... 




14,7li 


14,715 


July, 


6 


9.000 




.... 


27,380 


36,380 


August, 


27 


40,500 






14,702 


55,202 


Sept'r, 


15 


23,500 


124 


7.440 


37,600 


68,540 


October, 


• • • • 


• . • > 






300 


300 


Nov'r, 


. • • • 


. • . . 






30,000 


30,000 


Dec'r, 


34 


51,000 






26.100 


77.100 


1862 — January, 




.... 




.... 


3.222 


3,222 


Feb'y, 


.... 








20,771 


20,771 


March, 








.... 


11,411 


11,411 


Total, 


82 


124,000 


136 


8,160 


187,151 


319,311 



Total number of tons 159^. 



428 



No. 8. 

RICHMOND AND PETERSBURG RAILROAD. 

Statement of Tonnage transported to and from Clover Hill during the year ending 
March 3lst, 18G2. 



From Clover Hill to Richmond. 

Tons. Tons. 
Tobacco, 82 hogslieads, . . . . .62 

Wheat, 136 bushels, ...... 4 

Miscellaneous Freight, . » . ' . . 93J 

Total, . . . . . . 159^ 

From Rich7iiond to Clover Hill. 

Miscellaneous Freight, consisting of Groceries, Corn, Dry- 
Goods, Castings, Furniture, Guano, &c., &c., . . 307|- 

Total, ...... 307i 

From Clover Hill to Petersburg. 
Tobacco, 24 hogshead, . 



Wheat, 840 bushels, . 
Miscellaneous Freight, 



18 

25i. 

16 



'over Hill. 



59i 



Total, 

From Petersburg to CU 
Miscellaneous Freight, consisting of Groceries, Guano. &c., 60 

Total, ...... 60 

From Port Walthall to Clever Hill. 
Hay, Powder, Oil, Corn, &c., . . . 18 

Total, ...... 18 

Total Tonnage, exclusive of coal, . . 604 



429 



No. 9. 

RICHMOND AND PETERSBURG RAILROAD. 

Monthly Statement, of ths amounts collected on the Passenger Trains, for the 
transportation of Extra Baggage and' Exp7'ess Freight during the year ending 
March 31st, 1862. 



Month. 


Extra 
Baggage. 


Express freight, 
Adams & Co. 


Total. 


1861— April, 

May, 


31 50 

152 05 

56 75 

83 95 
119 50 

59 10 • 
65 50 

84 75 
109 60 

• 115 30' 

81 00 

111 75 


321 43 

647 09 
1,376 50 
, 1,842 50 
1,897 30 
1.665 21 
2,912 50 
2,489 87 
2,970 97 
2,566 00 
2,112 16 
2,039 85 


352 93 
799 14 




1,433 25 


July 


1,926- 45 




2,016 80 


September, 


1,724 31 


October, 


2,978 00 
2,574 62 


December, 


3,080 57 


1862 — Janua-ry, 


2,681 30 


February, 

March, 


2,193 16 
2,151 60 


Total, 


1,070 75 


22,841 38 


23,912 13 



o 

Pi 

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215 

192 

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788 

1,004 

1,033 

112 

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4,934 


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H 

2 

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n 


Bolton & Hicks, 
M. W. Baldwin, 

do. 

do. 
Burr& Etiinger 
J. R. Anderson, 
M. W. Baldwin, 
R.&P.R.R.Co 
Uriah Wells, 
A.McCausland, 




Phoenix, 

Black Diamond, 

Pocahontas, 

Chesterfield, 

Henrico, 

Clover Hill, 

M. W. BiWdwin, 

Mazeppa, 

T. Dodaniead, 

Tecumseh, 

No.l, 





m 



No. 11. 

RICHMOND AND PETERSBURG RAILROAD. 

Statement of miles run by Trains of all kinds during the year ending March 

3lst, 1862. 




SUMMARY. 

Miles rim with Passenger Trains, 23,545 

" " " Passenger and Freight Trains, 20,080 

" " " Freight Trains, , 733 

" " " Extra Trains, 4,934 

" " " Coal Trains, -. 35,605 

" " " Material Trains, 11,585 

" " " Switching Trains 7,172 

103,654 



432 



No. 12. 

Busittess of the Riclwwnd and Petersburg liailroad duritig the twelve tiwnths 
ending March 3[st, 1S62. 



tonnag£. 

Coal transported in tons, . . . i 

Tobacco transported in hogsheads, 

Cotton transported in bales, . . ; 

Express Freight and Extra Bagijage in tons, 

Total amount of freight of all kinds in tons, 

Number of tons transported one mile, . 

Miles run by all tJie engines, ... 

Miles run by coal engines, 

Receipts per mile run by all the trains. 

Receipts per mile run by coal trains, 

Expenses per mile run of all the trains, 

PASSENGER TRAVEL. 

Whole number of through passengers, . 

Whole number of local and Clover Hill passengers. 

Total number of passengers transported. 

Passengers transported one mile. 

Receipts per mile run by all the trains, 

RECEIPTS OF ROAD. 

From freight on coal, .... 

From miscellaneous freight. 

From Express Freight and Extra Baggage, . 

Total from freight, .... 
From passenger travel, .... 
From transportation mail. 

Total from passenger and mail. 
From miscellaneous sources, 



38,615 54 
58,410 06 
23,912 13 



167,983 58 
4,287 50 



50,608 

2,026 

5,!i35 

5,817 

80,750 

2,151,954 

103,654 

35,605 

$2 91 

1 08 

1 03 



20,478 

181,825 

202,303 

4,384,928 

$2 91 



120,937 73 



172,271 08 
7,772 07 



Total receipts 



$300,980 88 



433 



No. 13. 

List of Office! s, ^^i^enls and Employees upon the Riihiitond and Pclcysburg Rail- 
road, and the pay of each, March 2]st, 1802. 



Charles Ellis, President, per anmiin, .... $2,000 00 

R. B. Haxall, T 

B. W. Haxall. I 

Charles S. Mills, M.D., \ Dircciors. 

R. B. Heath, 1 

Robert Leslie, J 

M. W. Yarrington, Treasurer, per annum, 

E. H. Gill, Superintendent, u " 

J. C. Stockin, Atulitor and Superintendent's Clerk, per annunij, 
J. H. Woodcock, General Freight and Ticket Agent, per annum, 
James Brannan, Freight Clerk, per month, . 
John A. Nesbit, " i. u .i _ 

John Giblin, " u u « ^ 

J. H. Butt, Freight and Ticket Agent, Petersburg, per annum, 
J. N. Cobbs, Freight Clerk at Petersburg, per month, 
R. E. Morris, Agent at Clover Hill, including all hand hire, 1 

per annum, j 

F. W. Myer, Agent Chester and Eng'r Sta'y Engine, per month, 
T. W. McCrary, Conductor, per month. 
W. R. Daniel, " " " ' . 
R. E. Mitchell, Conductor and Baggage Master, per month, 
W. L. Yager, " " " " " 
T. B. Bondurant, " " " " " 
Wm. C. Fear, Yard Master and JSngine runner, " " 
Jos. A. Mann, " " " " 
L. P. Jones, " " " " 
W. D. Jester, " " " " 
Henry Connelly, " " " " 
Bushrod Bishop, " " " " 
C. Dillon, Material Train, " " " " 

A. B. Williams, Section Master, " ♦' 

B. Cummings, " " " " 
J. F. Clarke, Master Machinist, " " 

Burgess, " Smith, " " 

J. W. Berry, " Carpenter, " " 

J. Mittendof, Car Inspector. per day. 

Two Assistants. 
Depot and Bridge Watchmen, average, " " 

Ten Free Firemen and Train hands, average, " " 
Four Machinists, " " " 

Two Ajjprehtices, " " " 

One Blacksmith, " " " 

Three Carpenters, " " " 

A. x\l. Barrett, Painter, «« " " 



SLAVES. 



At Richmond Depot, Yard and Office, 

At Richmond Shops, 

At Petersburg Depot, Petersburg, 

At Clover Hill and other Stations, 

As Firemen and Train hands, 

As Section men on Repairs of Road, 

On Material and Gravel Trains. . 



. 1,750 


00 


. 2, .TOO 


00 


. 1,000 


00 


. 1,200 


00 


50 


00 


50 


00 


50 


00 


. 1,000 


00 


55 


00 


1,260 


00 


45 


00 


60 


00 


60 


00 


50 


00 


50 


00 


50 


00 


70 


00 


70 


00 


70 


00 


70 


00 


70 


00 


60 


00 


55 


00 


45 


00 


45 


00 


83 


33 


! 75 


00 


1 


75 


1 


09 




80 


2 


37 




66 


2 


25 


1 


94 


2 


00 




20 




12 




7 




3 




5 




U 


, 


9 



434 



No. 14. 
Statement of Mnleriah on hand March 3\st, 1862^ 



Car wheels and axles, .......$ 800 


Iron and brass castings, 












1,000 


Copper flues, 












400 


Wire, lead, packing, &c., 












30 


Engine work fitted up, 












175 


Iron and steel, . 












1,000 


Smoke stacks and lanijis, 












250 


Springs, 












150 


Tyre, 












400 


Railroad Iron, . , 












240 


Paints, . 












370 


Oil and grease, 












600 


Provisions, 












1,000 


8,700 cross ties, 












3,480 


Lumber, 












700 


Stationery, 










100 


Wood, . . . . , 








1,500 


Total, ..... 


$12,095 



PROCEEDINGS AT THE 



TWENTY-EIGHTH ANNUAL MEETING 



OF THE 



STOCK HO LDEKH 



OF THE 



«!«)«« 



s% Wiimk 






\i''^^^ 



ilELB MAY 26th, 1863. 



AND 



REPORTS 



or 



Officers and C o in m i 1 1 e e ?? 



R I C li Ai N D 



MACFARLANE & FER(3USS0N. PRINTEIvB 
1863, 



TWENTY-EIGHTH 



llierfing d tto f f^irll^Iifeiv^ 



I 



Held on Tuesday, May SBtii, 1863. 



At a incetino; of the StockhoUers of the Eichmond and Petersburg* 
Hailroad Company, held at the office of the Company in Richmond, on 
Tuesday, the 26th da^ of May, 1863 : 

Gustavus A. Myers was appointed Chairnian, and M. W. Yarrin'j-ton 
Secretary. 

The Chairman appointed Messrs. B. W. Haxall, T. H. Wynne, and 
Dr. Levin S. Joynes, a committee to examine proxies. 

The committee reported that they had examined the proxies, and 
found them to agree with the list laid before them by the Treasurer ; 
which report was received and approved. 

There being present in person and by proxy, private Stockholders 
entitled to 1,973 votes, (the whole number of votes that could be given 
by all the stockholders being 3,428 votes,) the same being a majority of 
all the votes which could be given, the meeting proseeded to business. 

Whereupon the annual Report of the Board of Directors, with its 
accompanying documents, were laid before the meeting, and after hav- 
ing been read and examined, on motion, were received and approved. 

The following report of the committee of examination was laid be^ 
fore the meeting, and on motion, was received and approved. 

The committee on examination, report tliat they have examined the books 
of the Company and the returns made by the Treasurer, and find them correct 
and very neatly kept. They have also examined the road and machinery, and 
although it caunct be denied that neither of these come up to the standard 
that is to be desired, yet when the present condition of the country and the 
difficulty of obtaining labor and supplies are taken into consideration, we are 
compelled to admit iliat it is rather a matter of surprise to the committee and 
congratulation to the stockholders, that the property of the company is in such 
good condition. And we are satisfied that it will compare very favorably with 
that of any other Railroad in the Confederacy. 

Respect/uliy submitted. 

THOS. H. WYNNE, Chairman pro tern. 



458 

Messrs. Wirt Robinson, Thomas H. Wynne, W. F. Watson, W. H. 
Ilaxall, and A. D. Towncs, were appointed the committee of examina- 
tion. 

The meeting then proceeded to the election of officers, whereupon 
Charles Ellis, Esq., was unanimously elected President of the Compa- 
ny, and Messrs. R. B. Haxall, B. W. Haxall, and Pr. C. S. Mills were 
unanimously elected directors on behalf of the stockholders. 

Messrs. Robert Leslie and Roscoe B. Heath were announced to have 
been appointed directors on behalf of the State. 

Mr. Thomas H. Wynne offered the following resolution, which was 
adopted : 

licsdvej. That the salary of "he President of this Company, be increased to 
three thousand dollslrs. 

On motion, 

Jicsched, That the President take such rsieasuTes in regard to publishing the 
report of the President and Directors, with the accompany documents, and 
proceedings of this meeting, as he may deem exjiedient. 

On motion, the meeting then adjourned. 

GUSTAVUS A. MYERS; Chairrr.an. 

M. W. YarringtoN; Stc'y. 



ANNUAL REPORT. 



The Board of Directors respectfully submit to the stockholders their 
annual report, with the accompanying statements, exhibiting the condi- 
tion of the affairs of the Company, for the fiscal year ending March 
31st, 1863. 

The total receipts during that period, amount to $545,659 21. The 
expenditures to $180,962 64. There should be added the further sum 
of §21,487 58, for land purchased in this city and in Chesterfield 
county, making the whole amount expended in conducting the opera- 
tions of the company. $202,450 22. In order, however, to place the 
stockholders in possession of the entire cost of rendei'ing the road ca- 
pable of doing the transportation required of it, it should be stated that 
there is due to the Government for three locomotives, four freight cars 
and supplies, a sum not yet fully ascertained, but estimated at $48,000, 
which will, when settled, give an outlay for the past year of $250,450 22. 
The Board have deemed it a duty to make these large expenditures, in 
order to furnish the means to answer as far as practicable the demands 
upon the company for transporting troops and supplies for the arm}-. 
The capacity of the road has thereby "been very greatly increased, 
though still at times insufficient to do all we desire. This statement of 
expenses does not embrace the depreciation of road-way and rolling 
stock,, which will have to be provided for at the close of the war. 

Upon a comparative examination of the business of the Company for 
the present with the preceding year, it will be perceived that the only 
class of receipts which have declined, are those derived from the 
transportation of coal and freight from Clover Hill. The contract with 
the Clover Hill Railroad Company, terminated on the 1st August last. 
Previous to that date the Board entered into an arrangement with the 
Clover Hill Railroad Company for a moderate advance upon the rates 
for transportation of coal, which it was hoped would leave a margin of 
profit, but the unexpected decrease in the amount of coal, and the 
heavy increase in the cost of wages and supplies resulted in so largo a 
loss that the Board have been compelled to advance the rates again. 

The indebtedness of the Company has been lessened by the conver- 
sion into stock of three of the 6 per cent, coupon bonds, leaving out- 



. 440 

standing of that debt, $22,500. The Company has also acquired nine- 
ty (90) shares of its stock at a cost of $6,750. 

The business of the Company lias been conducted during the past 
year under very trying circumstances. When the number of trains 
passing over the road and the large amount of tonnage is taken into 
consideration, it speaks well for the faithfulness of the employees of 
the Company, that the service should have been performed with such 
punctuality, and exemption from casualties. 

Signed in behalf of the Board. 

CHAELES ELLIS; President. 

•May 26th, 1863. 



442 
A. 

Statement of (he ujfairs of the Richmond and Petenhnrg Raihoad 



COST OP ROAD AND PROPERTY. 

Fioiii Riclimoiul tu Petersburg, incliuliiig iii:eresi. 

l)er statement A No. 1, $922,82C^ 30 

Branch road to Port Wakliall, including pincliase 

of" land. Avharves, coal tracts and cars,. 413,539 00 

$96S,3r;i 48 

Recon.structioi) of road 219.852 50 

Land pin chase 45,078 26 

DEBTS DOE TO THE CO.MPAXY. 

Tliis Company's stock, 12,126 00 

Confederate bonds 256,300 00 

Ojien accounts 9,837 89 

278,263 95 

Ofh on hand 32,550 47 



$1,544,115 6<*, 



443 



Company, from the commencemenl of the woric to the 1st day of April, 1863. 



CAPITAL STOCK. 

Subscribed by individuals, 3,000 shares, #300,000 00 

Converted loan stock at $50, 3,050 " 152,500 00 

$452,500 00 

Subsc'd by tie State, old stock, 2,000 " 200,000 00 

new stock, 1,856 » 185,600 00 

" 385,600 0:) 

9,906 " entitled to equal 

dividends,. .. $838,100 00 

DEBTS DUB BY THE COMPANY. 

Coupon bonds due June 1st, 1875, $78,500 00 

Registered bonds due June 1st, 1875, 52,000 00 

Coupon bonds due July 1st, 1875, 22,500 00 

Unclaimed dividends, 10,605 50 

Open accounts, 8,417 43 

172,022 03 

Profit and loss 533,992 73 

$1,544,115 6') 

M. W. YARRINGTON, Treasurer. 
Richmond. April 1st, 1863. 



444 



A No. 1. 



Heads cf Expenditure fo.' construction of Road and purchase of Property to 

1st ^pril, 1863. 



Preliminary surveys, 

Contingent expenses, .... 

Purchase of Manchester and reterbbiirg Turnpik 

Engineering expenses, 

Real property in Richmond, 

'■ " Pocahontas, . 

'■ " Petersburg, 

" " Chester, 

Land damages, 

Graduation, . . . 

Superstructure, 
Masonry, 
James River Bric'ge — Masonry, . 

Superstructure, 

Falling Creek Bridge, 
Swift Creek Bridge, 
Kingsland Creek Bridge, . 
Depots and work shops, 
Richmond Depot, . 
Manchester Depot, 
Water Station, 
Pocaiiontas Depot, 
Locomotive, engines and cars, 
Omnibus, 

Officers' salaries, . 

Repairs of Turnpike at the date of purchase. 
Interest on loans. . 
Premium on sterling bills, and commission on 
paying loan due in England, 



,)ck. 



$49,783 
80,050 1 



§113,099 57 
G,S59 72 



$ 2,896 87 

2,675 C9 

23,841 35 

32,403 99 

21,917 24 

3,200 00 

1,928 35 

900 00 

22,802 26 

168,373 32 

111,510 09 

72.223 29 



135,833 18 

10,889 30 

10,027 79 

5,496 42 

1.3,106 72 

44,029 05 

3,359 04 

J, 181 54 

8,011 79 

97,508 09 

1,639 83 

5,717 33 

1,389 97 



110,059 29 



$922,822 39 



M. W. YARRINGTOX, Treasurer. 



Richmond, ^iprxl 1st, 1S63. 



445 



B. 

Statement cj Financial Affairs within the year Ending March 31st, 1SG3. 



Cash on hand March 31st, 1862, . . f 83,54 1 51 

Debts tkie to the Company — Increased this siam, $240,093 00 
Debts due to the Company — Decreased this sum, 279 96 

Transportation — Received this sum, . 545,659 21 

Transportation — Received from Manchester ^ind 

Petersburg Turnpike, .... 353 00 

Transportation — Received from Omnibus exjenses 

this sum, ..... 980 OC 

Capital Stock — Increased tliis sum, . . 1,500 00 

DISBURSEMENTS. 

Land Purchase — Increased tljis sum, . . 22,650 00 

Debts due by the Company — Decreased this si'<m, 2,902 98 

Ordinary expenses, .... 180,962 64 

Imterest — Paid tliis sum, .... 6