TX, SP 6/1/1863

Office of the Southern Pacific R. R. Co.
Marshall Texas
June 1st 1863
Hon. C. R. Jones
Comptroller of Public Accounts
Austin Texas
   In conformity with the existing laws of the State, we beg leave to submit a report of the affairs of the Southern Pacific Rail Road Company, for the year ending May 31st 1863.
Answer to First Interrogatory


   The Capital Stock of this company on the 31st day of May 1863 was $282,957.
   The amount as stated above, is of course only an approximation; as, owning to the condition of our country, it is impossible for the stockholders in the sold out company to communicate with this office, and equally impossible for the company to gain information from them. The policy of the present company admits as stockholders persons who held stock in the sold out company and had complied with certain requirements of the present company. There were many persons who, at the fall of New Orleans held stock in the sold out company, and were residents in that city, and who had complied with most of the requirements of this company; but the policy referred to, declares that no stock shall be acknowledged, if the owner thereof shall have aided or abetted the enemies of the Confederate States. It is possible that a portion of the above amount may be held by persons who have aided and abetted our enemies, and which must of course be deducted from the aggregated amount. There will probably be other stockholders, who may be in the condition contemplated by the policy of this company, whose stock will be acknowledged by the company, and which will add to the above amount.
    We beg leave respectfully to refer you to our Report of June 1st 1862, for fuller details as to the Capital Stock of the company.
Answer to Second Interrogatory
For the purchase of lands $0.00
For the construction of the road $61,621.48
For buildings 0.00
For Engines cars 0.00
Answer to Third Interrogatory
A mortgage to the State $150,000.00
Interest due 12,502.22
Salaries due 7,775.00
Company's obligations 43,909.07
Due on general account 18,172.95
Due on construction 5,185.50


Due the company 43,798.86
Answer to Fourth Interrogatory
For transportation of passengers


For Transportation of Freight


For Transportation of mail


For Storage


From the State (U. S. Bonds)


From all other sources




Answer to Fifth Interrogatory
   The amount of freight
Of Cotton 16 Tons
Of merchandize 215 Tons
   The business of the road, in respect to freights has necessarily been much diminished by the stoppage of commerce on Red River. Scarcely a boat, which ventured to make a trip on that river, went above Shreveport; and therefore did not come to the terminus of the road, some forty miles above. Hence goods shipped from Shreveport by wagons would continue in that mode of transportation westerly, and not be reshipped to be carried fifteen miles over the road, to be reloaded at Marshall. This will explain the small amount of tonnage transported westward. There has been but little freight carried eastward, for the reason that the capture of New Orleans deprived this section of the State of a market; and when supplies of provisions for our army had to be conveyed, the trouble and inconvenience of transshipment required their transportation by wagon rather than partly by the railroad and wagons. To avoid this inconvenience, and at the same time promote their own interests, the company, on the 19th day of September 1862, leased for a term of 20 years, from the Vicksburg, Shreveport & Texas Rail Road Company, that portion of their line of road west of Red River and terminating a Shreveport, which was only partially graded. The arrangement was made by this company after having procured iron rails for laying the track from Shreveport to a point west of Marshall, and contracts were made for the unfinished grading and bridging on the western section of the road. It however happened that by the sanction of the Confederate Government, the iron rails were seized to construct gunboats and casement batteries erected at Gordon's landing and other points. It is therefore the misfortune of the company, for the reasons stated, that its business has been small and not remunerative. 
Answer to Sixth Interrogatory
For Repairs


For Engines, Cars and Buildings


For Salaries


   In addition to the above, this company has liquidated upwards of 300,000 dollars of claims against the sold out company, which, by the sale of Septr 3rd 1861 were barred forever, but which were assumed by this company, and thus greatly embarrassed its operations and delayed the construction of the road. Nearly the entire amount of indebtedness of the present company, (the debt to the State and amount due for salaries being excepted), was incurred in liquidating the just claims against the sold out company.
Answer to Seventh Interrogatory
No Dividend have as yet been declared or paid
Answer to Eighth Interrogatory
We have no regular engine house
Shops 1
Engines 3
   One of the engines is of 20 tons capacity, in good condition, and in constant use. Another is 18 tons capacity, very much out of repair. Two others much out of repair.
Passenger Cars


Box Cars 4
Platform Cars 2
Answer to Ninth Interrogatory
   The trains for passengers also carry freight, and the distance run is 6570 miles.
Answer to Tenth Interrogatory
1 Superintendent



1 Engine driver
1 Fireman
1 Brakeman
1 Foreman
8 Repair Hands

   During the year, a large force has been employed on construction & repairs, but on the 31st day of May ult, the number was as stated above.

Answer to Eleventh Interrogatory
   No person has been injured in life or limb upon the road during the year.
Answer to Twelfth Interrogatory
   No accident of any discretion has occurred upon the road during the year.
Answer to Thirteenth Interrogatory
   This company has received from the State 250 sections of land, has sold 162 sections and has on hand 88 sections, all of 640 acres each.
G. G. Gregg  Treasurer
Southern Pacific RRd Co
EA Blanch, Superintendent
Southern Pacific R. R. Co.
The State of Texas
Harrison County
This day personally appeared before me J. A. Harris an acting Justice of the Peace in and for said County G. G. Gregg and E. A. Blanch and makes oath that the facts above set forth are true and correct. Given under my hand, this 16th day of June 1863
T. A. Harris
J. P. H. C.