AR, M&T 10/1/1861 IC

Annual Report of the Memphis & Ohio RR
as of October 1, 1861
Investigating Committee Report
 
Memphis, Tenn. October 19, 1861
 
To the Stockholders of the Mississippi & Tennessee Railroad Company:
   The undersigned Committee, appointed by the Board of Directors of your Company, on the 24th of September last, to examine the books of the office of Secretary and Treasurer of said Company, beg leave, respectfully, to submit herein their report.
   The Committee entered into the discharge of their duty on the 7th and ended it on the 19th inst, during which time they examined the General Cash and all other Accounts of the office, ad take pleasure to say that the highest order of integrity and honesty of purpose is exhibited in every department. We found but few errors, such as are unavoidable in the complexity of so extensive an amount of business.
   It is due to the officers to say that the Committee were afforded, during their investigation, every facility to make it pleasant and agreeable.
   Your Committee feel it their duty earnestly to suggest a change in the practice of the Superintendent issuing a card on which is stated the amount due the bearer for work done, and by the Treasurer paid, before the monthly pay-roll is returned by him to the office.
F. Labauve
James Elder
W P. Wootten

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