AR, R&G 6/1/1862 FC

Annual Report of the Raleigh & Gaston RR
as of June 1, 1862,
Finance Committee's Report
 
Finance Committee's Report
   
   The Committee of Finance and Inspection of the Raleigh & Gaston Rail Road submit the following Report:
   That the books of the Company are neatly kept, and show a correct account of the financial affairs of the Company. The condition of the track-way and rolling stock and bridges, is remarkably good, considering the immense amount of business carried on during the year.
   The new Shops as far as materials could be obtained, have been completed, and afford largely increased facilities in keeping up the rolling stock of the road. The Depots are in good order, or being repaired.
   The reports of the President and Treasurer set forth the correct statement of the finance and profits for the year, and exhibit evidences of good management in the profits made, and at the same time with so little damage to the property of the Company, and no accidents of a serious character.
Respectfully submitted,
T. B. Venable, Chairman
July 3d, 1862

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