NP, AG 1/30/1861

From the Alexandria (Va.) Gazette
 
January 30, 1861
 
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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