Internal Improvements in North Carolina Previous to 1860
Internal Improvements in North Carolina Previous to 1860
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McNeill. 17 Report of Agent of C. F. Nav. Co. To Bd. Of I. I. For year Bending May 30, 1834. 18 Rept of Bd. Of I. L, 1835; Rept. Of Pres. Of C. F. Nav. Co. , December, 1852. The tolls for a series of years were as follows: Amount of tolls of 1828 $2, 844. 10 1834 5-OQ0. 95 1842 3, 125-03 " " 1848 5, 010. 22 1852 8, 443. 8i Total tolls from 1828-52 $106, 141. 67 167] Rivers. 55 In 1834 tolls are reported to have more than doubled in the two years preceding, amounting the year before to $12, - 52...4. 68 and paying a 10 per cent dividend. 19 In 1836 the Board of Internal Improvements was directed to inquire into the affairs of the company to see if they had used the funds honestly and if it would not be advantageous to the State to buy the charter. Inquiry was also to be made as to the terms on which the company would sell and also if the company would not voluntarily surrender that part of their privilege which extended above Fayetteville. 20 The re- ply of the company was that they would sell the stock and all corporate rights for $50 per share provided arrange- ments could be made to secure the removal of such obstruc- tions as may from time to time get in the river.
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To quickly assess the difficulty of the text, read a short excerpt:
McNeill. 17 Report of Agent of C. F. Nav. Co. To Bd. Of I. I. For year Bending May 30, 1834. 18 Rept of Bd. Of I. L, 1835; Rept. Of Pres. Of C. F. Nav. Co. , December, 1852. The tolls for a series of years were as follows: Amount of tolls of 1828 $2, 844. 10 1834 5-OQ0. 95 1842 3, 125-03 " " 1848 5, 010. 22 1852 8, 443. 8i Total tolls from 1828-52 $106, 141. 67 167] Rivers. 55 In 1834 tolls are reported to have more than doubled in the two years preceding, amounting the year before to $12, - 52...4. 68 and paying a 10 per cent dividend. 19 In 1836 the Board of Internal Improvements was directed to inquire into the affairs of the company to see if they had used the funds honestly and if it would not be advantageous to the State to buy the charter. Inquiry was also to be made as to the terms on which the company would sell and also if the company would not voluntarily surrender that part of their privilege which extended above Fayetteville. 20 The re- ply of the company was that they would sell the stock and all corporate rights for $50 per share provided arrange- ments could be made to secure the removal of such obstruc- tions as may from time to time get in the river.
What to read after Internal Improvements in North Carolina Previous to 1860?
You can find similar books in the "Read Also" column, or choose other free books by Charles Clinton Weaver to read onlineMoreLess
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