From the Alexandria (Va.) Gazette |
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January 30, 1861 |
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The House of Delegates |
The Second Auditor returned a
statement showing the amount of dividends paid by the several Railroad
Companies in which the State is a stockholder, during the last year,
and also the amount of interest paid upon the debts due the
Commonwealth by each of these Railroad Companies, the amount unpaid,
and for what years. |
For the fiscal year ending
Sept. 30, 1860, the Richmond & Petersburg R. R. Company paid the
State $30,462.34 interest on dividend scrip, but no dividends or
interest on loans. The Virginia Central Railroad paid $94,252.96
dividends, but no interest on loans; also, $5,959.80 interest on
dividend scrip. The Richmond & Petersburg Railroad paid $19,280.00
dividends -- no interest on loans -- and $2,004.48 interest on
dividend scrip. The Richmond & Danville Road paid $47,543.94
dividends, $42,000 interest on loans, and no interest on dividend
scrip. The Va. & Tennessee Road paid $70,000 interest on loans, no
dividends or interest on scrip dividends. The Orange & Alexandria
Railroad paid $14,000 interest on loan, but no dividends or interest
on dividend scrip. The Va. Central Road paid $7,218.44 as tolls for
use of Blue Ridge Road. The Winchester & Potomac Railroad Company
paid an annuity of $5,000 due to the State. |
From the statement showing
amount of interest unpaid, and for what years, it appears that the
Virginia Central Railroad owes for '54, '55, '56 and '57, $29,140.56.
The Virginia & Tennessee Railroad owes for '55, '56, '57 and '58,
$245,000. The South Side Railroad owes for '55, '56, '57 and '58,
$180,500. The Norfolk & Petersburg Road owes for '59 and '60,
$42,000. The Orange & Alexandria Road owes for '59 and '60,
$28,000. |
The Virginia & Tennessee
Company still owes a balance of $30,475 of the temporary loan, the
interest on which to 1st of January, 1861, amounts to $21,420.80. |
The South Side Company has
paid nothing since July, '59. (See act passed February 28, 1860.) |
The Orange & Alexandria
Company owes the State a dividend scrip for $31,600, with interest
from 1st October, '54, which amounts on 1st Oct., 1860, to $11,376. |
Ordered to be printed. |
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