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- Tn the re t' Ccn rcJ
our tifitijm.il js!t:nct;, if Impor
tAnt;vvii in the; Jihrory of ti:2
StatG. lYiiu Iiavo n;U fur the pur
. Ise of Vikc 1 1 ; i j iw (q proiiiDla
ou r yar iws in t -T is u a. bcop! ?.
ior tno confidence they have rcpos-
4eu lrou, look to you for wise and
, JQdicibU'i-IegUlation.
BuHDij the year now. , drawing
rapidly to a close, we have been ex
empt from pestilence aud famine,
and from unusual suffering of every
kiuo uur people have enjoyed
the blessiur 0f civil and religious
liberty, and they prospered to I
greater or less degree in every de
partment of industry. We have
abundant cause to be grateful to God
for Ills manifold mercies and bless
ings. The earth has brought forth
her fruiis In due season, and all
.'GOVERN Oli'S
- who have been industrious and eco
no mi cat have prospered, having
generaly received fair compensa
tion for their labor.
Peace has prevailed everywhere
within our borders. We have noth
ing therefore, In the heavens or in
the earth itself of which we have a
.1 . . r
Ji right to complain, for both have
. been propitious to us. It remains,
for us orj'.j to go forward in the path
of "Juty, without any vain regrets
for what ;s parsed, prepared to use
and iajprc ve the present and to act
our part in a cheerful and hopeful
spirit in (he future which lies be
fore us.
Conditi j?i of PilIUc treasury.
The tiiuueial condition of the
tstate claims the careful attention
and confederation of the General
Assembly.
The following statement shows
.balaned in rmn48 of Public Treasu
rer QcL I'si? l6trrpfdThT3tfeiOTi$tr
of receipts ami disbursements of the
Public Treasurer, for the fiscal year
ending September SOth, 1876.'
Balance in hands of 8tate?''A;V . ;
Treasurer, Oct. 1st, !7a- . r
luca.HMial Fuud;; $ 14.039.78 --
public Fund, 184.703.11J
198,742 89
TW-eipU of Kducation
Fui.d f r fiscal year
ending ri-pt. 80, 1870
Iteceipis of Public Fund
for rlsi-al year, ending
Sept. 3o:h, 187G,
42,235.59
524,039.17
5C6.274.76J
265.017.C6
)isbur.sen)ent of Kluca
cational Fund for fis
c.il ywr ending Sept.
;Wth, 1S70,
Disi)iir?einent of Public
Fundor the yvar end
ing Sept. anh, 187G,
54,707.93
528,055.22
582,758.15
Leaving in the hands of
i he PuhiM: treasurer,
OA. 1st, 1876
Educatiai Fund, 1,572.44
Public Fund, 18(1,687.07
$lateDfbt.
The bonded debt of the State on
' the 1st Oet., lS76r.was,aa follows :
H nds issueil before the
war, called old bonds, 8.372,900
Xntertbi unpaid on same, 4,003,777.50
'Total, principal and in- . . ,
terest, 12,376,6i7.40
Bonds issued since the
war under acts passed
before thd war, 1,781,000
Interest unpaid on same, 807,180
v
Bonds issued since the 2,487,180
u-ar under ordinance
' and apts passed sinpe -
the war not special '
- omr. Air.
Interest unpaid or) same, . 921,127.95
2,936,172 95
This class embraces the
. following Issue?: Wil-
miirgton, Charlotte &
Kutiwnford Railroads',
iuei during the war
ninXti acts passed be
f.rrt Uk war, and re-
0 newKi by acts of 1865
and
-jo5;ooo
RPEi-teiPdcc-rt.flcates of
itiiitrtl of. .Education,
383,015
.1,033.400
150,600
44,000
2;oi5?0?8
Chvthaui IUiiroad, Or
dinaneesCouventiop, Wiiiia8Ion .
boro lUilroad,
Ieni.cnti.iry
Tap-
uaied: under
I II III! JO - "
Funding. Acts of 1S00
and 1S6. as lu iu, .. -Funding
Acto ISoO, fV
Xnt"re-t unpaid ou-aame, 1,157,793
"; ." ' n ' 3,574.93
- .1-
t 4
t: v.. r
i lin'l :
r It
t
i. 1;.
Hum
J 1 1 . 1 L
..iff ( "iVi-::-
I ttis.J, b .III) i.
Intercut uiijald ca t
i
Total pi:...:- a.
: .tcrcsl (
i
Special Tax Bondj,' u 11 .107,000
Interest unpaid on same, 4, 37,770
Total principal and in-
tereat, 10.COI.77U
Total debt Including In
terest exclusive of spe
cial Tax, - - 25,512,160 45
Total debt with Interest
includintr "Special - ,
Tax" bonds, r 41,810,930.55
Iwiding Act of 1874-75.
Nothing has yet been done under
the act passed by the last General
Assembly to compromise the State
debt. The amount of our State
bonds held by the few creditors who
signified their willingness to accept
the proposed compromise, was so
small that it was not deemed advi
sable to incur the expense of hav
ing new bonds prepared, and of
levying a special tax upon all the
taxable property of the State, for
the purpose df paying the interest
on such a small amount. It" is very
important that we should compro
mise, commute and settle the State
debt; so that our financial condi
tion be the better . known both at
home and abroad, and our public
credit again be established upon a
sound basis.
Treiisury Department,
I respectfully recommend to your
careful consideration the interesting
report of D. A. Jenkins, Public
Treasurer.
It becomes my duty to say that
Treasurer Jenkins hasvoluutajji
retired rrom tne omcone oasTiuei
with cbnsumate skill and abili ty for
more' ttiari: eight years past) ile has
managed th1 financial affdlrof the.
State honestly and safely. through,
all the difficulties and embarrass
ments by which he has often been
surrounded. He has been an hon"
est and faithful public officer, and
in retiring to private life, he leaves
a record of which he may well be
proud.
The Auditor' 's Department.
The Auditor's reports show . the
rejeTpts arid disbursements at the
Public Treasury for the two fiscal
years ending September 30, ,1876,
and I respectfully invite your at
tention to the same. The Auditor's
office is one of the most important
offices in the Stat, and I take pleas
ure in bearing testimony tr the
manner in which the duties of that
office have been discharged.
Mannfuctuns.
While all material wealth comes
rotu the soil, and while the Int-rest
of the former should, therefore, be
first considered, we should at the
same time give attention and ex
tend our fostering care to the manu
factures and the Mechanic arts.
North Carolina pays annually , to
foreign countries and to her eister,
States milllocaof dollars for manu
factured articles; which should be
produced here at home. We have
the raw. matenal, orpine means oi
producing the raw material for
nearly -every, fabric for ' which'we
pay thus tyriHA - jo other communi
ties and rtgj(rts. It may be aasum:.
ed that wdr'mauufac ure bur own
tobacco, entl supply ; a large surplus
thereof to other pvrtii of the "World
the proceeds of Iiq sales of .which
constitute the baste of no small part
of the 'fl'ianciar prosperity of 4 the
State; but while this is so, and
while I would commend the tobac
co manufacture rs for their skill, en
ergy and industry, yet J nvculd at
tpe same tinie urge inai more capi
tal and skilk! labor be-employed
In other. bra che of domestic man
ufactures. i ; K
r We ought to . luanufao.ure and
supply ourselves with a large prot
portion orpur w.Ienclothes of all
kinds,' especially of the coaler! and'
morpsqiitjintitfl kndti . . ..
We ought to silu mtd y eave at
least one half., of bur CPtton crop,
which . 6annoic be lega than 200,000
bales perL annum. We ought to
i I manufacture cur own iron, from
Ifivfl 'ii art tfll h!
ily t tvaf.'re In I! ti Mfi,
VfV v;:?Jtn tf Jt
tif inir 'iiiU-f, fef J ii r t;i it
lit Ul VV ll , 1l titfHkt! Il't
wothl. AW ru.ht t i tUti :
tvuvU luit i t liur'Htlmti . I
'iT.vral? in the frrmt viotk ht l 1
lv uiitt tmrtnf tuir!;ct f it f i i
I h umf f thui living w ro ual 'a
A w!it of thiJ kUA v. u u!d I r.o
c!iilly rcduwu lo the n v.uit.?je tin J
prosperity or ilio farmers, iy crvst
!n a demand hero at homo furl
their firotlacttf.'' 1
It would ubo tavo luUUons of
dollars1 per annum to tho i State4,
wittK nm ti'nu t-xtttnided outsldo
our borders, and which constitute a
constant drain upon our wealth. 1
crlvo emolovment to all classes of
I L WOU1U B19U UlVtTSJiJ SkUA I
our people, without which we can-
not hono to advance raniaiy in in-
I cannot, gentlemen, too strongly
t i.A.n.4i,inA a imtii atfon:
COlULUcuu H1X3 ouijet w jiuui m,vu,
tlon and consideration.
Immigration: ' "
I beg
reebmthendations
thp sutifppf nf 1 mm i oration:'' tid
p5 -
Diaie lias uuer uiiiuuic iuau iwnu
Carolina, and her soil is rich dhd ao
vRrteri that nearl v all the fruits kntl
our country can! "be cultivated and
realized here by the hand of fnoTu's-
. - - , , ( I , ! ' ( V i -
try. Besides, we have inexlusti
ble deposits of the most valuable
minerals ; we liave water power in
the greatest abundance for turning
machinery ! and we have" vast for
ests of the best timber thus far,
barely touched by the hand of man.
In a word, there is no regibnbf the
earth, so far as climate and mi beral
resburiiea are 'concerned, whicli is
re inviting than our State is to
immigrant. I 'feei'.iurei'hat
UcUlationHi beJaucH'to
i x'JA "fTTTrTs-
hold put indubements to immigrant
. a auk a n n w jtv
ofour people, and'tIabor.
us vvnu.iiu, amjauj aiva, i
and who expect to reujaiu loejM.." -0 - ---
iri iVr other purposes The labor is per-
our industries. of aU kinds and. to
rend- r ourStatemore and more pros
perous, enlightened and wealthy.
University.
The last General Assembly; pssr'
ed an act directing"ithe Public
Treasurer to issue to the: Trustees of
the University, a certiQcate of in
int; U Ul T Sill . C W- t- UOU VJ vy A 4 I
i4CJtcvnc;ao vji who uuuuii,u m.u
twenty Ave thousand dollars, with
internet at si nr eent. onvable I
nvrixil-tvuiiuaii , .un iuu jioti uaji o wi
January and July in each year, out
r.A,To ; thci npro .ciivr nnt
otherwise appropriated, the inter-
est to be Used
support of the Un
. "Under this. act
re riQVTofr fh'fk TTnivPrslf.v
annum for that purpose.
rvua tTr.irifv w nnpnof,' frr
the reception Qf students on the 10th
of September, isyq, unoer ltsiiew
Arrro niunn n n ri ! t' iA now i n sue.
cessful operation with Hon. Kemp
I
. XiiilUt; ilO ItaiUUUt MtiVA rtUiVi
corpse of Professors.
Fenitntiary.. ;' ... .
-r . i 1 1- 1 1 i . I
tion to the biennial Report bf the
r : u!i i. Tn .
uoaru oi jjireciors, iircnntxi, xfep-
Uty Warden,' Dtewarc ana , x-nys- i
oin fnr the two vears endinsT' Oc-
oil lonn . mua'1IAnA1.f tH I
Board of Directors show In a pla'n North Carolina BaiUoad, leading
and business-like manner the 'prac- from iAshevilleMupi, in fiher
tical operations of the Penitentiary, ofcee county, V a'nf7Vien0vla:;Uie
ujucr 013W iocu. j. no ify v r i
from-which it. will pe seen mar,
much valuble work has been dqne
on and ahut) yiat intitutjonal
thought large V.011
convict laborers have been sent off,
to work on public Wprks.1 During
the last two years the w'orl? on the
Penitentiary has ; prdgireed:ahbut
as much. as could treasonably, bo ex
pected u:ider all the circumstances.
There has been erected within the
prison enclosure a strong cell build
ing, containing 64 '"cellajror; prisons'.
' The buirding is of brick with ton
doors and frarn(e'-t: and H nbSy rea'dy
for bccupaticiiv r ; g .tf
The brickJUsed in iU OnstrUoiion
were made by convict labif , and all
the stone--work was cut by convicts.
-n i 1 ! . 1 1 L i.L onrt
xnere iiaj ai;jo oeen rtyic mhc
tiori of the' eellblbckin the main
building' the ? larger portion -of the
bricks having beon laid by cod victr,
t
f t
' t :j i, i i
I-. i f r- r..M f
ir...,u : 1 '
i J il 1 I i
I f 1 VH I
r r t;.U fvai
t.
(iita ral A '
Iho lVnltcnt: .r;.
vLtf t t::t 1 ...
Wistcra XvtiU liro.I:.a ltallnwj
and Itavo built tot tlittu thr i m l
of quarter, - ! j
! Tlio Vftlttd of tho lat-or of -the con
vlcts already ba that road Is pro-
lubly 1 100,000. i; The State U bound
to feed, clothe, and truard them.
I The Incrcaso of tho number 'of
I convicts the Increase of tho guard
I clency
vireciore
pnauuu,
I of the prison.
. The Directors of the Petiltentlaty
fflrmrvl nhh tn'tfiA Rnhi-tlinhurer 'and
L ' , v ,7 ; "
iwuoyiuu ivaiuuau wmuj
convicts tor me penoa or iwo
Lwas insuncleritl.tb support all the
I i i j .iJJ "I i - f.
i . .v.. --
5 feed clothe, gnard ' "ah
medical attention' to ihe
let to them and in s addition ' pay to
the prison Directors the sum of
a bond for the .faithful performance1
nf lhA rnntrfl. finri flll if the'litOVlci ' ; 1 'Kit "Aanliiwt
v M
visions oi ine coniract ;nave uwu
fai
iy
foundry:
I?UUP wuutucu ( w"u , CU1"
b9th necessary artd valuable. ; t
The-work in this shop ; both. aW
wuiFMuqujinuiywTOUfjnr
satisfacforyittli lhje WOrfc'ls-dofafe;
by trie convicts, and all . tho iron
-sWlritrWlU foA-ilhiMUxttJg-
iirr44Uliare5db
ade herein - - '
fa a n - m w i JA - ' a
. . , r f j - 5 .-- 'i ' I
Xormed by convicts.
In the shoe shop they are now
manufacturing all the , shoes worn
by theconvicts within the rison '
enclosure, also for those employed !
on the 'different railr6ads in the J
t. , 'fi
State. It is believed that' a small
amount of money Invested in ma-1
. - , . - . i , i - l
chinerV for manufacturing shoes
k. w , , ; : j ' I
would yield a large return ; nut ow-
ing to the limited means on hand
this imnortant branch of business
- i - i
has not yet Dee n very oAwusiveiy
carried on; ? . 1
In' accordance with the . require-. i
ed in the manuiUcture of brick,
iispd In tho erection or a new Jutcnr
en for that .institutipn., 'l'ne lrecr
tore oi me remicuMaijr aiw twiu-.i
ished the Directors of the Western
Insane Asylum at Hornton jSO
!n,Vitri'f'ci xxrkri w'prp pmnlovfid in
vuuii.iw) it . , . : T t , W
making brick? and grading grounds
for that institution., j : ;
.rnUrt Tntf antiarv Rnflnl nf llirpn
tore, furnished the lorth Carolina
7i'nA!na Ta 1 1 rnlo'rl' fJnm nanv .ftA i
There is a foundry:. ana? acninefditi of Xngtitutioa for -the
uuu uwigi iry TifrvfT, sn,!tvi6wu ; nir r - ; T '
con viu.sj. , , t.tfi v-rr:j
Tbla r'road wili' form partsof;ihe I
Wwto'pn'fii vision "nf the Western
t -- - - ...
iotwra ..fif'.MF"1
Thti' Company is. composed of
vjiUzens of Georgia and brthCaror;
linaj and "the Stated of Georgia is
working Its con, yictSjob the road to
the NOftH drrdrna iineT hile our
people iu vupruiiVQ , vutvivifcjf r. ngiccuj "rr? - J jmv' i." j v
to take uptnemWlverihetrouVie.fe con hbe made'avdildble.
and expense of r Irapspbrting, feed-
9 J9r f A 1 - - - - A a 1 1
ing anu r cioiuiug,Kguaruiug juuu
furnishing medieai. attendance :tO
the convicts fbr their, labor, rr orn
, The "Board of, Direetbr.afarm
e(j out to tthews' pOr, j lessees of
the New Hanover work . house! i3Q
-con victa for . .the .balance, 4 of their
term1; theygreejng to jfeed e!othe;
tfieconvicts fo-f thelR labor-! jd?
I resptfullyj iujte gentterf
men, toyisii ;aey jiientiary.; any
time at your "leh are. and; see for
J yourselves what haa ucea dene, and
i
r
I
r
f
5
lit A'a! I iltiJi t-a tat lit
t f fur 1 1 1 m ; .
fa!l bo unifiitl mtirJIit,: toit
t a f r. I x .cx-iM!r in fin ar
J Litrary tl...t ouU puhhi
imall crlue as much a a gnwt one ;
fd a then? aie gr.idts and degrees
of crlmro thcreiouhl legradi
and direcs in the amount of tun-
lahment; iWaro Informed by' the
Divine law. which uohoids and su:-
J tains the eterpal principles ol jui -
I ucetf hat '6ycrymii shall be Judged
f surd'.
I even ah 4 assa'dlt '.'with, a deadly
weppn, with ,4nlent to , commit
1 cricne.' V '1 , V i
I i , , 'iUflUt IVVV" .
last two ofilcial years,iito.wWcii l
, Thet-report ;for 18761, ishows. that
total number! off admissions
1 niimherr'off ad mi scions'
drunkif ere 'is' a youth in the ot thu colored insane. .. Tho subject
fleSitentiar should appeal strongly, jo . tho liu-
wni4i'fnr Qiino- nnn vninrxi mknity and.charity of the . Qineral .
"7- l gf w vwn Q w.w y vvf v. w t , f v f w , .
years. J the Penitentiary for a term of three wiu not oo maae iu vain. , . ,
TTn ri f Ue i a w oa 'innw wfcrnria Deaf and Dhinb and 'Blind. .1,
dJ furnish according td theTdecision of theu- numner oi pupils enrolled; ,
"prrsonerst ur ulfcVantl i battery, dhriog the last two years has been: . ,
W2rtir I iT" i 77 - - -
JUidcthpeninof he Asylum on
sirice:the,9Peni
km day of
oneoiifjaifdic
"it th.'
day of,J?ebrnary, 1850, p
1 onn nunoreti- uiu
i ' 1 I i 3 3 i i. J .-
Of
rdischarffeai for ;fthersametVtime Ife
u w raiw ' i us wva i v i a - j t
nine hundred and nine, of whoni
r yJ '
i uue nuuuicu uu jvui.jV.ccu im-
nTnvpriV nnfi-hundrcfd1 and" eihtv
and . eighty
unimproved: ' ' and three hundred
and thirteen M died leaving now
under treatment two hundred and
ixty-four.:-'if: v- '
The last General Assembly passed
i . L , , i : : i t :
Maii act authbrizinsr the Board' of
.Directors' of the Insane' Asyjum to
i . .. , - I - i ' ; : " - 'i 1 I
flrpkJa tipw kitchen with sufficient
r . 6. , , .;'.. v ''' '1
U) kUniiAn'lTTi'Vl Ollfflll'onf J
:rnom Connected therewith, to
- . .
accommodate provisions and sup
, .
. li(L for tne institution. ; ;The; act
p.uviucu.vuuv " - r-.
propriation made -for the years
- 1 R75 and 1876 should be applied by
he Brjard of Directors to the un
$5,000 ; the act' also authorized the
emolovment oi sucn convicc laoor
.ftom the Penitentiary , as snouia oe
oevBoatti iui wiwu 0u
kitchen. " From, twenty-fi ve to fifty
kxjnvictB were employed, and the
L hnilflino is now eornnleted.
.v.." x
The last General Assembly passed
.'an act to provide another Asylum
for the Insane of North Carolina,"
to be iocated Within three miles of
Ttf rtwrra n f irn "MorfH . (Carolina. . and
aw wv.
lumi The act-appointed .five Com-
. miAinners to purchase for the State
.
a suitable tract of land.fox the. pur
pose, ,to superintend its construe-:,
tippj and appropriatedOjOOOfor.
thOyear 1875, and $25,(K)0n lor lithe
year 1876,. all of which has been
paid out of the Public Treasury.
The act; also provides that thei Com
missioner may i employ such" con-
ivicts in the Penitehtiaryf ascan-be
A report ol the progress of the work
on. said Asylum : will bo made To a
short time, tp!e
7rpThe lasKOeperal' Assembly push
ed, also 'an act to provide fori the
colored Insane of North Carolina,'
-and, appropriated $10,003 perl ari-
numtQthQ establi6hm .it at the
j Marine-Hospital bulld i ng t Wili
mington, prtn r. caroi a ; . oi 3 :ia
branch , Asy 1 um i for thei :cxrared' in-
l-eane,. aud4,heir ; support hnd treats
ment ; but;nothmi j has;tb2en done
under sjVX- rJ-heir benefU: .j ri
I respectfully and earnestly re
1
t
l .' t 'i'tt
V.t j v fit k'pt 'ill
t u t i co . fi tmri?
t'ui tuitjaJfd if l.fttu
Si t tr ititjtitviiatio.t, t 4l;e;. ii :u
iuatry itud Iii Ui.i!han;!
U.
fcud wu fciV tlty IU nUy unJ cn
J jy vttli ;H lisn l -;u Ilia nt;d btu-
u0'iof nrtva,lliputiijeia . govim
fucut, Df Cfpinl lawi a.id equal
tlghU.to alUf. , , ,t.fl-(.- .
if tho whi!
. w racu com ihmo ; i wo-
lhfnLiofour jHipuldtiou, and there
ire two asylum for the tsuppbrtof
i.maies . ; . ,
US
93
241
I . ;j jo .
XOtdl.
tho
Thfi health of ihfl.nnhil hfik hnon
gooa, ana mey au seem 10 oe cou-
tented andhappy.'i1 ' 1 'i"4 ' '
7 Thev are taken care1 ofbv. kind
I J ',v . i ; Uvi l isL'' 1 '2 1" ' LJ L i; 1 ,u
I uuu u uuiuuv. i-eacne a anu , matrons, .
who5eera mregardf their 'protec-;: '
&&i&edWi:it
Mutibnik foblfmMaj:
.Mi.v !! t i .77 . 7- ; .vr .w
Deaf and i)umb males 83 ;
On' the ii. rs't day of No v'em bef, . 1S74 , .
; there was a balance in the hands P
: of the Treasurer of
The appropriation for
two years was
Special appropriation,
$3,007 (tt
90,00000
3,000 00
Received from shoo shop,
12,020 20
, 75S15
. 8000
vriWl.'ariponQ '
w
ources, .
From intereif.
'
- " '
Total, ' 10i,.jo.Jl;;'
xnere nas oeen expenucu ior
all' purps.es,
85,9.(5 I'll
Leaving a balan6e "In the
hands of Hie Treasurer: Ko-
. vembeflstlS70,of '': $15,301 If i)T'
Out cf this .balance must' coihd' 1
.the support of the' Institution r for J
the months cf November' and 1 '
December, 187G, tho appropria-"
tions made by the -General ' As-: (
sembly run from the 1st of January'' "
of each year j l- ;v -'-i r ' :
Thirf noble Charity of tile 'Stajo "
has done and is doing much -gbbd' y
for those unfortunate : objects of turm' -1
charity and pity, who are deprived '
ofJAia' great blessings of language, ;t ; '
or fejght andjof hearing. ' - " ;! ! 4
I heartily recommend' them'1 to1 ;?
ycurjfavorabre and generous 'coti iJ
:Si(deraJidn:.-and--- support. -1 ? : ! -n
, YgUerri North Carolina Railroa'd.''
. rhb-last'General 'Assembly pa-1 ' s '
ed Lin Abtin relation 'foll'ri'd-'
'VVctTrt North f Carolina Tlfilfoad51 .
whic(i act appoIniedhe' Governor ')yw
of .thei State Nortn 'Carol iriaffi; y
itobert. 'A'rmfjeld, farid'!fJame3 ;'T
ibbinsbucommissibhere 1:tdl plir-; k " ? '
chase the Western "North1 CafMlii!af ',lJ
'Railroad, and all' property )apier-IU f
taming thereto at a?feale thereofy"'1?-":
made undef a decree of the Circuit '' '
Court Of the J -United 'States, '-a,-, 1 'l
Greensboro, in the Western Di-1 17
trict of, Norths CarplitioJf and any"" ; ' v
claims against tfr 'Western 'North jiu: 7
Carolioadtailroa'd whichmf bo-' 1F1-J
necessaryitb ' securd'he1 Statolbr; j'!li.
North Carolina perfeclf ':aynd1fado-,:i
feasibletitletditheIdlCohh''' :;Lf
rolina Bailroad and allots' property ; r' 11
and franchises,' ferJaTSunivri6t,,exl :U)m.
'ceediniteO. arid to 1 pay'-for it1,liK'J
said com mlssi oders - were fully dti J ' ' '
thbrized' artdItisirUcted'td1 is3ueio "
'bodkin the name of the Westcrh Ml
North Carolina Brilroad' Cmbanv !
of the, denomination 1 of $1,000 ettchV ' 1 ,l1
in the usual form of mortgage
' i. '