| From the Wilmington Journal |
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| November 8, 1861 |
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| Wilmington & Manchester R. R. Company |
| By reference to our
advertising column, it will be seen that the Directors of the above
Company will hold their annual meeting in Wilmington on the 20th inst. |
| It will also be seen by the
notice of the Treasurer, in this issue, that the Directors have
declared a dividend upon the capital stock of 9 per cent., of
which 6 per cent. is due to the present, and 3 per cent.
to the preceding year. This speaks in terms commendable to those who
have thus judiciously managed the machinery of this great public
improvement. |
| We recently had the pleasure
of a ride over this road and are pleased to announce to those
interested the very excellent condition in which the road has been
kept; and while much praise is due to the President and Directors, the
highest encominin is due to the General Superintendent, Mr. J. P.
Robertson, for the prompt performance of the arduous duties which
devolve upon him, the result of which is the dividend which has been
declared and which has surpassed the expectation of the best wishers
for the prosperity of the Road. We think the Directors fortunate
indeed in obtaining the services of a gentleman so well prepared to
perform the duties of his office, and trust that they will reward him
with a salary that will induce him to retain his position. Up to this
time we learn that the receipts of the road have been a few thousand
dollars more than those of the past year, but then the expenses of the
road have been considerably greater than heretofore, owing to the
fact, that it has been engaged a larger portion of the time, in the
transportation of troops and government stores at reduced rates,
thereby being of incalculable service to the noble cause in which our
Government is engaged. And while the road has labored under trying
difficulties during the present year, not a serious accident has
happened, within our knowledge, either from neglect of the officers of
the trains or from any other circumstance. Long may it continue to
prosper, while officered as it now is. |
| Marion (S. C.) Star |
|