The daily phoenix. (Columbia, S.C.) 1865-1878, April 19, 1868, Image 2
District Court of the United States,
for the District of South Carolina.
In the molter of M. J. Calnan A Louis
Kreuder, ?anKrupts-~ District of South
Carolina, SA j ?SS
IN BANKRUPTCY.
AWARRANT in Bankruptcy has been
issued by asid Court against the
catato ot M. J. Calnan ?V Lonie Kreuder,
of tho County of Richland and Kt atc Of
Sooth Carolina, in said District, have
boen duly adjudged b&nktupte, upon pe?
tition of their creditors; ?net the payment
of any debts and the do li vc ry of -any pro?
perty belonging to said bankrupts to
thom, or to their nae, ?ad the tran ?for at
any property by them, are forbidden by
law. A meeting of the creditors ot said
bankrupts, to prove their debts and
ohooBo one or more assign?es of their
estate, wiU be held at a Court of Bank?
ruptcy, to bo holden at Columbia, in said
Dis trio t, on the 80(a day of Apr?, A.D.
1868, at 12 o'docfc m., at the office ot IL.
Summer,.ohe of the Registers in Bank?
ruptcy of said District.
J. P. M. EPPING,
U. S. Marshal for said District.
April 12 _ m2
tn the District Court of the United
States, for the District of South
Carolina,
In the matter of James 0. Kenneth, banJc-.
rupL by whom a petition for Adjudication
af Bankruptcy was filed on the second day
of March, A. D. 1868, ft? said Court.
?ff BA ffKIi UP TOY.
rfUlIS ia to give notice, that on the third
X d?y Of April, A D. 1868, a Warrant in
Bankruptcy waa issued against the estate
of JAMES O. KENNETH, of Columbia, 8.
C., in the Diatriot of Richland, and State
of South Carolina, who has been adjudged
a bankrupt, on his own petition; that tho
payment or any debts and delivery of any
propertv belonging to said bankrupt, to
him or for bia use, and the transfer of any
property by him, are forbidden by law;
that a meeting of the creditors of the said
bankrupt, to prove their debts, and to
ohooaoonoor moro Assignees of his estate,
will bo hold at a Court of Bankruptcy, to
be holden at the office of Fielding & Pope,
Columbia, 8. G., before Henry Summer,
Register, on. the twenty-second day of
April, A. D. 1868, at 12 o'clock M.
J. P. M. EPPING,
U. 8. Marshal as Messenger.
Per GEORGE LARSEN,
April 12 mth.8 Deputy Messenger.
In the District Court of tile United
States, for the District of South
Carolina.
In the matter ot William D. Peak_In
Bankruptcy.
npiHIS is to give notice, that on tho do?
or
Richland District, of the State of South
Carolina, who has been adjudged a bank?
rupt upon his own petition; that tho pay?
ment of any debts, and the delivery ot any
property belonging to said bankrupt, to
him or for his use, and the transfer of any
property by him, are forbidden by law:
that a meeting of tho creditors of said
bankrupt, to prove their debts, and tn
choose one or moro Assign?es of his
estate, whioh will be held at a Court of
Bankrupt cv, to be holden on tho twenty
eighth day of April, A. D. 1868, at 12
o'clock Ma at Yorkville, S. C., before W. L
Clawson, Esq., one of the Registers of said
Court. J. P. M. EPPING,
TJ. S. Marshal aa Messonger.
By T. W. CLAWSON,
April 15 wm3_Deputy Messenger.
In the District Court of the United
States, for the District of South
Carolina.
In tiie matter of James W. Martin, bank?
rupt, by wliorn a petition for Adjudication
of Bankruptcy was filed on Uie thirteenth
any of February, A. D. 1868, in said
Court.
Iff BA ff Kit UP TOT.
THIS in to give notier, that on tho third
day of April, A. D. 1868, a Warrant in
Bankruptcy wasossuert against the estate
of JAMES W. MARTIN, of Lexington Dis?
trict, and State of South Carolina, who has
beon adjudged a bankrupt, on hits own pe?
tition; that the payment of any debts and
delivery of any property belonging to said
bankrupt, to him or for hid uso, and tho
transfer of any property by him, are for?
bidden l>y law; that a mueliug of the ere
Sitora of tho said bankrupt, to prove their
obis, and to choose one or more As
?sign?os ef his estate, will bo bold at a
Court of Bankruptcy, to be huldou at tho
office of Pickling A Pope, Columbia, S. C.,
before Honry Summer, Regiator, on tho
twenty-third day of April, A. D. 1868, at 10
o'clock A.M. J. P. M. EPPING,
U. S. Marshal as MosBongor.
Per GEORGE LARSEN,
April 12 mthS Deputy Messonger.
In the District Court of the United
States, for the District of South
Carolina.
ia the matter of IVJliard O. Martin, bank?
rupt, by who i., ajtetitionfor. Adjudication
of Bankruptcy was filed on the thirteenth
day of February, A. L. 1868, tn said
Court.
Iff BA2?JZR ?TT?T.
THIS is to givo notieo, that ru tho third
day of April, A. D. 1868. > Warrant in
Bankruptcy was issued against the ostato
of HILLIARD 0. MARTIN, of Lexington
District, and Stato of South Carolina-, who
has boon adjudged a bankrupt, on his own
potition; that tho payment of any debts
and delivery of any proporty belonging to
said bankrupt, to him or for his use, ami
tho transfer of any proporty by him, are
forbidden by law; that a meeting of tho
croditors of tho said bankrupt, to ?rove
thoir debts, and to choose one or moro
Assignees of his estate, will be hdd at a
Court of Bankruptcy, to bo holden ut tho
oflico of Pickling &, Pope, Columbi. 8. C.,
before Henry Summer, B< gister, on rbe
twenlv-third day of April, A. D. 1H0H, r.t 10
o'clock A. M. J. P. M. EPPING,
U. S. Marshal as Messenger.
Per GEORGE LAUSEN,
April 12 ratha Deputt Meas? cg? r.
GREENVILLE AND COLUMBIA RAILROAD COMPANY.
PRESIDENT'S REPORT.
To the Sockhoiderji rf the Greenville and.Colurnbia %a% .jd Coihpany,
The Pr?sident and Directora respectftilly submit, herewith, their
annual report of tho operations and condition of the road for the
year, 1867:
. Tho earnings of the road for the year are, as shown by statement
No. ii
From freights... .$162,608 82
Passage and extra, i. .! ^90,595 25
Approximate'?overoment accounts.. 4,958 40
Mails............. 11,535 00
Total.$269,787 47.
Current expenses, as shown by Table No. 3. 169,978 90
Nett income. $99,813 67
This amount has been applied to the payment of the floating
debt, contracted in the restoration of the property of the Company
destroyed by the freshet of 1865 and the war; for the particulars of
which reference is made to Table No. 2, herewith annexed, by which
it ?B shown how this amount has been appropriated. By reference
to the same table, it will be seen that the floating debt has been
materially reduced, as compared with the previous year, and is now
entirely within the control of the Company-there remaining only
a few claims of any considerable amount, and which thc income of
the road, if applied to that purpose alone, will soon entirely extin?
guish. The pay rolls for 1867 have been paid, and the material
purchased, including wood, lumber, and supplies for the work shops,
have nearly all been paid for, leaving a small balance due for labor
and material furnished previous to 1867.
The nett income for 1867 is not as large as may have been
expected; but it must be remembered that we have been subjected j
to every conceivable misfortune and disappointment-far greater
than has ever occurred before, or is at all likely to occur again,
except by some Providential occurrence, by which the working of tho
road should be interrupted. The crop of 1866, along the line of
road, was almost an entire failure, both of cotton and grain. There
being comparatively little cotton or other produce to sell, there was
little to be sent up the road in return, and the extreme scarcity of
money reduced the income from both transportation and travel.
This, in connection with the straightened condition in which the
country was left at the close of the war, completely paralyzed and
prostrated business of every kind. As an indication of the great
scarcity of provisions, residting from the unprecedented failure of
the provision crop, there was sent up tho road during the year
209,655 bushels of corn, and 1,047 hogsheads of bacon, of which
22,803 bushels of com and 19 hogsheads of bacon were charitable
donations from other sections of the country, and were sent up the
road free of charge. It may be added, that iu consideration of the
great destitution of provisions along the line of road, the Directors
reduced the tariff ou corn to ten cents pei* bushel for tho entire
line, and in the same proportion for intermediate stations, with the
intention of contributing, ns far as possible, towards the relief of
the people. There was also a largo quantity of guano, and other
fertilizers, sent up the road at a nominal charge; but this, it is
believed, has been amply remunerative, in the increased production
of the crop of 1867, resulting from its application-but little of the
crop was brought to market until after tho 1st of January, and does
not appear in the tables of this report. That the amonnt of work
dono in 1867 exceeds that of the year previous, is shown by the fact
that during the year 18(57 tho number of miles run was 183,872,
while for tho year previous it was 118,446, being an increase of
65,426-and that the gross income is not increased in the same pro?
portion is accounted for, in a great measure, by the fact that a large
portion of the freights moved were of the class which were sent at
a nominal rate, and donations for winch no charge was made.
Then tho road-bed, trestles, bridges and rolling stock, were in
sxtch condition that they required a largo quantity of timber aud
other material to put them in such condition as to make them safe,
and of sufficient capacity to do the business which was reasonably
expected to bo offered. During the latter part of the war, and for
the two first yearn after its termination, and when the lino was
broken, very littlo timber was put into the road. Consequently, tho
timbers became very much decayed and it was indispensable to
replace them. The Company was not then in condition to mako
such general repairs as were absolutely necessary. Din ing the past
year we have been enabled to use a part ol' the income for that
purpose, mid fV?<? condition of thc road and lulling ?rock has been
materially improved. During tho yoar there have been put into tho
track 73,923 cross-ties, and 6,619 stringers, including 9,113 cross-ties
put into the Blue Hidgo Hoad, from 1st June to 31st December^
besides a largo quantity of timber used in repairing tho trestles
along tho line. While th eso repairs have increased tho current
expenses of tho year, and reduced the nett income which would
otherwise have appeared, it waa thought best, to do it, aa it increased
tho valuo of tho property of tho Company and will reduce tho
expenses from that source in future, aii?l muko tho road safe. Tho
through depot at Columbia has also been built during the year, at a
cost of $4,357.82; being one-half ibo cost, the South Carolina Rail?
road Company paying the other half. A depot has also been built
at Poinaria, to replace the one destroyed during the war; and, also,
a temporary o?o at WUliamston. By reference to Supplement anV
Table A, an estiaiale vi tue cost of the restoration of the property
destroyed by the freshet of 1865, and the war, is presented.
In our anticipations, as expressed in tho last annual report, fhat
tlje business of the road foe? 1808 would be largely in excess of 1867,
or any previous'year since the /war, we are not likely to be disap?
pointed. For the months of January, February and March, 1868,
there have been brought down the road 32,253 bales cotton, which
is an excess of 2,970 bales over the receipts of the entire year of
1867. The gross earnings for tho same months are $102,765.26,
which is $29,272.31 in excess of the corresponding months of 1867.
There still remains large quantities of grain on the upper end of
the uno to be brought down; and as the quantity of cotton sold,
and the high prices realized for it, has increased the amount of
money along the linc of road, it is reasonable to expect an increased
income from all sources during the balance of tho year.
By reference to the table of the foreman of the work shop, an
exhibit of the quantity of rolling stock, and its condition, is pre?
sented. It is estimated by him that it has been doubled in value
during the past year. The pay rolls of that department, including
those of tho work shops and conducting transportation, amount to
$53,801.88; being $6,107.62 less than for the previous year. The
increased quantity of rolling stock now in running order enables
the business of tho road to be done with comparative promptness
and despatch. There are seven locomotives and a number of cars
now undergoing repairs, which will increase that department suffi?
ciently, it is believed, to do tho business of the road for the next
crop v. ith moro ease and promptness than we have been able to ch>
heretofore.
Thc following is a statement of the quantity and condition ot tho
rolling stock of the Company:
LOCOMOTIVES.
Locomotives in working order. 12
" undergoing repairs.; . .. . 7
Total.i.?. . ?0-.
CARS.
Passenger, lirst class in running order. ?
" " undergoing repairs. 2
" second class in running order. 4
" " undergoing repairs.,. 1
Mail and Baggage Cars in running order. 4
<? " . undergoing repairs. 1
t; " rebuilding. 1
Box Cars in running order. 58
being rebuilt. 5
" " repaired.4
Stock Cars in uso. 5
Gravel ". ll
Freight Conductor's Cars in usc. 4
Platform Cars in use. 22
Total number of cars.127
This does not include the cara belonging to tho Blue Ridge Road,
now being used by us.
During the past year there have been transported over the road
32,201 passengers, against 31,326 for the j'ear previous. The falling
off of tile income derived from this source, amounting to $22,322.73,
can only lie accounted for in the reduction of the into of far?', ft
is gratifying to be ablo to state that no passenger or employee has
been injured by any accident while on the road.
In compliance with a resolution adopted by you at your lost
annual meeting, negotiations wore soon afterwards commenced with
tho Blue Ridgo Railroad Company, for an arrangement by which our
trains could run over their line from Anderson to Walhalla, a di.
tance of 33 milos. A contract was made, commencing on tho 1st of
June, and to continuo for one year, (but which* might be disco
i tinued nt any timo by either piu4y giving the other tliirty day.4^^H
? notice of their desire to do so,) by which it was agreed that wc
j should take possession of their track, rolling stock and other pro
: perty, and run om- trains ovor their line; ami when the contract
j terminated, tho property we received from them was to bo returned
! in as good condition as whon we received it. There was no other
j compensation to be given for the use of their property. Our trains
j havo run regularly over that line since the 1st of June, and while
I our accounts do not show that it has been a source of any eonsidcr
I able nett income to our road, it has assisted in keeping alive a pro
j ject in which our Company, as well as the whole State, have th?,
j deepest interest; and which we should look to and enccil?rage by
possible means within our power, to wit: thc completion of fcl?e
Blue Ridge Railroad from Anderson to Knoxville. When that road
is completed, (and we aro led to believe that there is a probability
that the work upon it will bo resumed at no distant Hay,) then om
line, as the connecting link between tho great West and thc sea?
board of our State, will become one of tho most important and
profitable roads in the Southern States.
In this connection, there is another project for an extension of
our lino, connecting us with nil the great lines of tho North-west'
which should receive our most lioarLy approval and such material
' aid as wc may bo ablo to command. The Western North dardina
j Road, from Salisbury, N. C., via Asheville to tho Tennessee linc, al
I Paint Rock*, is now being rapidly pushed forward, and is so far
I advanced that ifs completion can be looked forward to with eel