| From the Western Democrat (Charlotte,
N.C.) |
| |
| October 27, 1863 |
| |
| The Wilmington & Weldon
Railroad Company has declared a dividend of twenty per cent., making
the third dividend declared this year, equal to forty per cent on the
capital stock. The Wilmington Journal says that the gross receipts of
the Road for the year ending 30th Sept., 1863, will reach upwards of
$1,400,000. |
| We do not think it is any
credit to any corporation to make such enormous dividends at this
time; and we repeat what we said recently whilst speaking of another
Company, that such large dividends are made off of the necessities of
the Government and people. |
|