The Greensboro patriot [January 7, 1874]

              —— r^ -—v^a^^H *mr**mm
THE PATRIOT
rUBUSHED WKKKLY
AT GREENSBORO, N. C,
B1 DCFPY ft ALIJRIv.UT.
I j;\; .uiablv iu advance-:
One J«» ?'-. *i» iu«»nilm (1.25. .
imding/eesiibseiibefs will
ibt in s
... ufcwncf.
In ,u<> 2m>H ::M..SI;M..> IYI
: ■_• ? I - ;. > 7 * 10
I fi - 12 l-
G - 12 Ifi •.«»
I 7 Ul II 20
12 In 25 Ml
7 |u || l^ 30 Ml
1 | . 2U 23 441 76
[Ti 2>l :*' 1" T.*> 125
-7 . Magistral**'
■
mi sdvertise
. I tiouftl.
. '. litional.—
• ttlditioiial.—
. : ■ 1 ill. I Iv Wll.il
V^
V The Greensboro Patriot.
Established in 1824 WEDNESDAY, JANUARY 7, 1874. |New Series No. 304.
Business Cards.
W. IB. -FJiJStTLJ^Eij
Watch-Maker,
i
A Winter Song.
Ii\ -NIXON 1'. CUSOMAX.
Like, notes of sorrow low Rrtoaed
Thro' souls that are bereft,
Jeweler &: Optician, ' Thro' sonls whose i.lols are dethroned
Ii.,- e.instantly on hand
a splendid asaattnaeaN ol
raahloiiaBti Jewelry,
ami Mime .|,leiiiiid
Watciut and CtocJc.%,
Which will lie noli! Cheap for Cn.li!
KB, I I ., ,1
Professional Cards.
' A. CM
G-Umer & Smith,
,1! x KYS AT LAW
KRVHTCY,
: ■ -• .
. . , ■ I !■■!..: Court**.
tilers in
, -. in.I.-i- h.ii-i-
L of W .-:■-! D
i »i i.» Collection* in
I ■ ,. . red.
S05:ljr.
■IC.IIN N. Si WI.KS.
MENDENHALL & STAPLES,
AITUKSKiS AT LAW,
i. it i; i; > s IKI it", W.C..
', I rd, Rock-i
. . - Si ■ -, Kan
- .. I .v ii, uil and
- . ,". mi given tu
II Stall . and to
•
i \, ili ,,i Court llouac.
1, ,..Mn-rap
' II -hurt
Kxni ... im;«-e,
10-Jjr
roun.. |-|.|.ils,
tV ".V.,;< I..-. C'loi .... .!■ .-
cbini-4,4iid Pistole : .
notic«. Call opposite |ha
S-'i.ili Kl it Mi..-;.
(if An Mftortad stock "f (.
Cartridges. &< ., always oa ham!.
WM. COLLITSTS
(aliiut'l Maker, Undertaker,
Wheel-Wright,
Corner of Havie ami .Svcam.ue Streets,
Oreentboro, X. I'..
I.WAYS keeps* full line of
\Mttalic and Cast llitrial Casts,
1 ||OS. ». hi HI, II.
Walnut and Koscivooit I'oNins.
which ran be turiiisheil ami delivered
within two hours' notice.
A « I llearae always in readinesa. A
good lino of
BED-ROOM FUBSITUBB
mi hand oi made at short tiotiae.
I'u line liaiiu-s
Ifade on short notice, from either Gilt,
Willon I or Mahogan? Moulding.
Bepairing of Buggies, Uarriagea, A', ;i
specialty.
fTV Country produce co-nl as oaah.
fob l.ly
When hot their wrecks art left—
? The low wind wakes itssol.mn choirs
1 Thro' aisli*" of wood unpluuicil.
Offeaves, that in pale funeral pyres
Lie in thu frost eoton-ned.
Anrl in the dim, utranRe solitn«Vi
The BQSjgi Mnl sweeps no more
Hi* pt*winn-harT> fn love-loin moftdt
He knew HO well of yore;
Thus iu ntanura heart sontetinesi
When sll ils ilreains are tle.l.
No sonsic wiikfs it* 1i»ppy chimes—
Its tiiinsti.l, hope, is fiend.
lint in the Spring again the leaves
Through April tear* will glow.
And where the gfaost of beauty grieves
The floweea s^sin will blew ;
and where the note bird in the gloom
No longer trill* his call.
Amid the Snininer'a tender bloom
His sweetest! notes shall fall.
Then from this simple lay take heart,
Ami froni its moral learn
That If our fairest hopes depart)
Thoae Dfightec may returu ;
And if it'.- -kit.--. soesetiBseeare dark
Jiefore the day in done,
Beenewbere beycsM) a friendly spark
Still whispea of the «iin.
GoUlsboro, Dec. Uth, 1^73.
KALI. & KKOliH,
ATTORNEYS AT LAW,
i ilingj
. . .i.'i. \. c.
i.l -■ vl l.^.
SCALES it. SCALES,
Attorneys at Law,
G - . N. C,
■ ,i: , i irt>
AM iltend llie Probaje
j at Wentwotth
M levi iv niuiitli. janl."»:6mp
KM.I'll OORUELL,
Altonii \ aid Couxfllor at Law,
IMi
,-.ii,K rioi; IN i;.\NKi;riTt'V.
Greensboro, N. C •,
. ■ . |j A imam e,
\\ Iv. Ii 1
. : , : I : ...i , uurb
','. . el I I -' • ■ I
1, ikrupt-
. i] ,-i'.'.,,:,-, and
i ire.
aru - ilicit-
! eel, i ppoeite lb.
;,|, ;;:i-l v
D. A. k R. F. ROBERTSON,
Surgeon Dentists-
II,i\ inj; asaorin
i, il then -
■ . ...
i.i.MI>lKV.
. TTJTTU -' rvieea :•• the
- y *■ \
.r-1 ^Jr*"' ami llie eurrnnn-i
ol
r„i-i
■ ■ii -.ii-.i.
during tin-
.ii-. -l:',:ir
J. E. O'Sullivan,
Tin Plate & Sheet IronWorker,
l>i il.l i: is
I'l.i :i I-n i <l. JupHiinrd A M:ini|»cd
TIN WARE, STOVES,
I'UHPS, Lightning i:-l-, dte.; Hteocil Plate.,
BRAS CHECKS,
for Hotels, r-...,.,!.-. .\,.
(i,.- r'uting, Rooniig, Ouu«iiii(,-,Ae„promntl»
executed.
Merrlianti- in invited t«< ejcanitie my atoi k
before purchasing ehwwhen. inn V6:ljr
n.vvni SCOTT,
Jeweller and Wateheaker,
North Elm ST., Baal -i.le ..t the C I House
Will Work for Half-Price
lu repairing Watcues.C k- and Jewelry.
H. H. II. WILSON,
LIFE AFIRE IN8UR1NCI AGJ-M,
R
Greensboro, N. C,
EPRESKNTS lirat-elaat Com pan if
with an aggregate capital of over
THIRTY MILLIONS DOLLARS,
ami i-aii carry a full line at lair rates.
l"r"(Uliic, up stairs .ver Wilnon A 8ho-l.
i I'S Hunk, under the .•tticietit anporvialon
of
W. II. mi,-..
who will at all times be glad to wait ou
all who deux either
Life or Fire Policies.
mnr 1 lly
Chas, G. Yates,
Misiiui run: nr
Tin. siDi'i ironx.« »i>i>c-r Ware
V.\l> ilealei in DryG I-. Sals, I* ots ai i
Sli Wood Ware, Lamps, Croekery,
w.t (ilasa Ware, (1: tsrs, Stoves, and as-sorted
tl I-. generally. No. 81 Month Elm
Si set, Greensboro, N.C. 0 1- sold low tor
cash, or barter. jaa ll»:lj
N. II. D. Wixsos. ( ,i 18. E. Mi.'Ki.ii
W1L!M»!I x MK»t:i It.
B ^V N iv i-: u s,
GREENSBORO, .'«. ('-.
- ith Elm Street, opposite Express OBce.
I'l.tMKI! > UOTEL.
'I'lil. lloune In |ili.is;iiill> local
. it Si I. . i i.<:i! the < nun
tin recopti i
; ■ i., , ■ -.
Till: TABLE
..; with I !"• best the niar-
THE STABLES
il ami attentive host-
- ■ ii. ■! in any res-
- ninfoi table.
l | HTnlrj HlA'SyH »Up-
1 «-i Win. s. Liquors and
LIVERY STABLES
, ibis Hotel,
eea, can be
timid Trans.
.i. II not lowei than anv
I. >il.N T. REKSE,
: .lor.
I OOk IIUKR III M»»li:\.
I i . an , : i the Lead
IIHIIIU re a I Kich
: J. ..ill
I - HAKES -\i ,
"..n
M. 11. DAVIS.
. i | j.
\ UT aSTt? DIO:
PHOTOGRAPHS BY THE MILLION
Ci...n.n building— |
L. v, ANDREWS,
shoro, N. C.
J. W. Scott & Co.,
wi
irocers ii 1'rowsion Mtrcbanls,
. N. C.
S to Coffee, Sugar.
1 e» Bonn, Hour,
- Leather^ !
pi .-..!„I,Old
BIT-i.d sell G.
State and Oo.
Slocks ami B Is,
13 U ire Mo
BIGHT CHECK;
!d and silver, Bank N -.
TMnenl Bonds, Kail Road
„., . n deposit subject to
How intiTi'-t
in kind ii|>ui tun
or SPECIE.
I ii- MI tin
lepoaiteofCUKKENCY
W l,ui»or!
ollet'liuns made a! all accessible points.
Sept. n.ili. ly
-W. -fV. HOBNEY,
! ii. There are meuibera that object
; to ibe bill because it does not em-brace
iu its provisions the special
' tax boutls. They do not believe
any more than 1 <lo that we are
I honorably bonnd to pay them, but
| they fear that the country will
I compel na to pay. 1 have been
I taught tli.it Courts were established
j to dispense justice, and I wilr not
j believe that any Court, ever will
I euforce any such outrage upon OH—
. no such fraud was ever befote
perpetrated upou any people, and
! 1 never can consent, by my vote, to
recognise theni as any part of the
State <lriit. Now if the proposition
is adopted and accepted by the
creditors, what will be oar compara-tive
condition '. We will have un-inctimbered
the following:
Making; a Fortune.
BY MABK TWAIN.
Samuel McFaddeu was a watch- .
man in a bank. He was poor, but
honest, and his life was without re-proach.
The trouble with him wan
that be ielt that be was not ap-1
predated. Ilia salary was only lour j
dollars a week, and when he asked
to have it raised, the president, j
Consolidation Bill. 1 and continue the work without iu-
An Am (o Amend the Charter of the' t*rB>*«"ion nnfil the road is com
Xorth Carolina Railroad Company ' V^ed between said points last
•Ml for other Vurimset ThereinJ n?Iue,'« and from a point near Aslie
Mentioned. i Tll|e to the Tennessee or Georgia
Section 1. TlieOeneral Assembly l"f
n
h\!°a
Ch,,'rok,'"co",,t.v- J
Tb,\V'su-ot
North Carolina do enact.: That boa^. '"-rein authorised shall not
Stock in the N. C. Railroad,
" " Atlantic ami N. C.
road,
Weetem Coalfield Railroad,
Western N. C. Railroad,
j:!,000,Ouo j
1,260,0001
•iim.oio
S,d00,000;
Making al a lo« <•
Iiciluct one milliot
the Ineiiiiiliraiui'
lilnali',
to pay
ti;,'jai,ouu
to cover
The Publio Debt Question.
The following are the remarks
made by Mr. Worth, Senator from
Randolph, in the Senate, on the
bill for the adjustment of the pub
lie debt of the State, which we
published in our last issue :
Mr. ]'rcsident.—The State debt is
a subject of the deepest interest to
every reflecting man in the State.—
The earnest attention ot the Legis-lature
has been repeatedly called to
it by the Governor and Treasurer
and by every respectable paper in
the Slate. Everybody expects, and
public opinion demands, that some
decided action shall be taken upon
the subject. No specific or prac-tical
plan ban been suggested, ex-cept
occasionally you hear it pro-posed
to repudiate thewhole concern,
ami the longer the settlement i-s
delayed the more popular repudia-tion
becomes, I have given the
mattei my earnest and undivided
attention, and the result is the bill
uow before the Senate, offered by
the committee as a substitute for
Other bills OU the same .subject. I
arrived at the plan submitted by
the enquiry, first, how much money
can we in our impoverished condi-tion
pay. Second, how much will
the Legislature atrree to pay; and
third, what will the creditors accept;
and came to the following conclu-sion
: That we can pay six million,
and that the Legislature will agree
to provide lor the payment of that
amount, and that the creditors will
accept. 1 then i ropose to issue six
millions of coupon bonds, beating
six per cent interest, dated July 1st.
1874, to become duo as follows:
9500,000 July 1st, 1901, and •?■"><>".
000 each succeeding July up to and
including July 1st, 1916, to be
offered in exchange for the out-standing
debts.
The debt, as clearly shown by the
Treasurer is as billows:
II.- i.iil i.i- ante-war
debt principal and
i i. -i, «lU,SUl,lilM
Bonds issni .1 situ o
close of war, prin-cipal
and interest,
not Special Tax, jll.^JS—;i
The lull propose.
t.i place llie bonds
iesued for linild'^
II..- N- C. 11. R-aa
i.l ilie highest dig-nily,
and putq the
iiini.nnt at 3JB3&&00
And oilers 60 eta. iu
theilollar lol tlieui
am! si-is apart lur
thai purpose, 11,800,000
Deduct ihe 3,09,-
iOU in.in ilO.SOl,-
660, leaves the old
il. lit, 7,'iVJ,4iW
The bill oilers 90
cis. in tin- dollar
for I hat class, (3,177,830
l-'or the balance of
the debt, 11,171,-
ti*l», 'Jo cents iu
the dollar, 2,231,337
M ikjllR, (5,913,171
amount I-saying
that
WATCH-MAKER, JEWELER AND
OiPTIOI-A-IN",
Xii.ll Soiiili Elm Street, Greensboro, N.C.
HAS a beautiful slock of Watches,
Clocks, Jewelry, Plated Ware, 1'is-tols,
Cartridges, Motiona, dto. All repair-
.1. A lame ami Sue .-.lock ol
4.ol<l Peaw. dee850y
If
^tooroBoo/c^
CJ.OGBUM,
'-i-.vsiioito, :* .--
%
s
- jan39:ly
STOl* AT TIIK
YARBUROIIGH HOISE!
Kaleigh, F. tX
fl. W. Blacknell, Proprietor.
Building Plans,
nit A FTS or I- I. \ N-S
11 - - ' *e I, ; ,v.,m„lot
gn. h>i ■■il.erpur-
Ll-iiDOM bWAIM.
JOB WORK
MHIII Dewirlpllon,
Executed in the
VEIIV BEST STILE,
And at New York prices, at the
Patriot Job Office
Now can we pay the
I have no hesitation in
we can (although a heavy burden)
pay. and that the whole people of
the State will cheerfully consent to
get clear Of the overload of debt.
And 1 lit inly believe il the whole
people of the State were here
present, they would eagerly anil
j most cheerfully accept the proposed
compromise, and rejoice at the
prospect of once more being an in-dependent
people, withoul the stain
of" repudiation. Will the creditors
accept! 1 hare no hesitation in
saying they will. I have made
1 constant and earnest enquiry, and
all hands believe they will promptly
! and cheerfully accept. All they
i want is a showing on our part of
! an earnest disposition to pay what
| we can and to do it promptly and
i square up, not by sending unau-thorized
Commissioners or offering
to fund, but offer the bonds with
provision for the prompt payment
of interest and the work is done.—
Will the Legislature pass the bill T
There will lie no escape from pub-lic
condemnation if we fail to do
something. The Slate is smother-ing
and sternly demands relief. I
know that there are some members
in both Houses to some extent
pledged against the payment of the
State debt aud, 1 might say, are
pledged against the payment of the
whole debt for the reason we cannot
and ought not pay it all, but here
we have a proposition we can pay,
and unless a better one csn be pre-sented
it is our positive duty to pass
And you have left,
being more than enough
the whole amount of bonds issued,
and have a debt we can safely man-age,
and a positive assurance that
by adopting the plan proposed lo
consolidate our Railroads, that many
ol us will yet live to see the great
project so much desired by the
great and good men that have goue
before ns—a direct line of roads
through the State. The fear or
even the certainty of having to pay
the special lax bonds is not a suffi-cient
reason for opposing this bill;
it has Sufficient met its without ref-erence
to any future contingency.—
We have now a directory ou the
part of both the Slate and private
stockholders iu the North Carolina
Railroad thai can be relied on to
finish our Railroad connections
west, and 1 regard the passage of
this bill as almost, if not <|tiitc, as
important as the consolidation bill
itself to HI cine the certain and
speedy completion of the Road.—
Then when linished it will, beyond
all doubt. In- able to lake care of
itself, and no further taxation will
be necessary to pay the interest on
the (i million. No emigration .so-cieties
will be necessary to bring us
1 new settlers, it will give us new
I life and a new start, and enable us
i once more to become a prosperous
I and happy people. Everybody ex-pects
US lo lake some decisive ac-tion
in this matter.
It this is (he best plan Offered, let
us adopt it. If not. let us liud the
better plan and adopt that, but
never let us go home until we take
some decisive action. The Slate is
prostrate and never run recover
without active and energetic action.
I never shall leel that we have done
our duty if we adjonrn without
doing something that gives promise
of relief.
The 91,500,000 appropriated to
pay lor the N. C. II. It. bonds is not
snflicieut to pay the whole prin-cipal
and interest, but is believed
to be sufficient. There has been
considerable amonut of interest paid
that has not been reported to the
Treasurer.
Population of the Globe.
There are ou the globe 1,288,000,-
0UO souls, ol which :
300,000,000 are Caucasians.
522,000,000 are Mongolians.
190,000,000 are Ethopiaus.
170,000,000 are Malayans.
1.000,000 are Indo Americans.
Then' are .s.iilL' languages spoken,
and 1,000 religions.
The yearly mortality of the globe
is :;:i.:j."..'S,.'f.">:i, iiersoiu* This is at
the rate ol 91,535 per day, 3,730 per
hour, 92 per minute. So each pulsa-tion
of the human heart marks the
decease of some human creature.
Tlio average of huiuau life is :>."t
years.
One fourth ol the population dies
at or before Ihe age of 7 years.
•One-half at or before 17 years.
Among 10,009 persons one airives
at the age of 100; one in 500 at-tains
llie age of 59j one in 100
lives to the age of 70.
Married men live longer than
single ones.
In 1IHI persons 95 marry; and
more marriages occur in June and
December than in any other month
of t be year.
There are 336,000,000 Christians.
There are 0,000.000 Israelites.
There are 600,000,000 Asiatic reli-gionists.
Th.-tc are 300,000,000 Pagans.
In the Christian churches:
170,000,000 profess the Roman
Catholic religion.
75,000,0110 profess the Greek faith.
80,000,000 profess the Protestant.
cashier and the board of directors
glared at him through their spec-tacles,
and frowned ou him, and
told liim to go out and stop his in-solence,
when he knew business was
dull, and the bank fconhl not meet
its expenses now, let alone lavish-ing
one dollar on such miserable
worm as Samuel McFaddeu. And
then Samuel McFaddeu felt de-pressed,
sad, aud the hanghty scorn
of the president and cashier cut him
to the soul, ne would often go
iuto the side-yard and bow his ven-
7,206,500 j crable twenty-four inch head, aud
; weep gallons and gallons of tears
1,000,0001 over ids insignificance, aud pray
that he might be made worthy of
the cashier's and president's polite
attention.
One night a happy thought struck
hint; a gleaui of light burst upon
him, and gazing down the dim vista
of years with his eyes all blinded
with joyous tears, he saw himself
rich and respected. So Samuel -Mc-
Faddeu fooled around aud got a
Jimmy, a monkey-wrench, a cross
cut saw, a cohl chisel, a drill, and
about a ton of gun powder aud
nitroglycerine, and those thiugs.—
Then, in the dead of night, he went
to Ihe lire-proof safe, ami after
working at it for a while, burst the
door and bricks into an immortal
smash, with such a lierfect success
that there was not enough of that
safe to make a carpet tack. Mr.
McFaddeu then proceeded to load
up with greenbacks, currency aud
specie, and to nail all the old chauge
that was lying anywhere, so that he
pranced out of the bauk with over a
million dollars ou him. He then
retired to an unassuming residence
out of town, aud then sent word to
the detectives where he was.
A detective called ou him the
next day, with a soothing note from
the cashier. McF., treated it with
lofty scorn. Detectives called ou
him every day with humble notes
from the president, cashier, and
board of directors. At last the
bank officers got up a magnificent
private sapper, to which Mr. Mc
l-'uddeti was invited. He came,
and as the bank olticers bowed down
in the dust before him, he pondered
well over the bitter past, and his
soul was filled with exultation.
1'..'i.ui' he drove away iu his car-riage
that night, it was all fixed
that Mr. McFaddeu was to keep
hall a million of that money, and I
to be unmolested if he returned Ibe
Other half Me fulfilled his eon-tract
like an honest man, bnt re-fused,
with haughty disdain, the
cashier to many his
the North Caroliua Railroad Com-pany,
a corporation chartered by'
the General Assembly, session!
<48-'l!t, is hereby authorized to
True Gentleman.
Show us a man who can quit the
society of the young and take
pleasure in listening lo the kindly
voice of the old: show ns a man
who is always ready to pity aud
help the deformed ; show us a man
that covers the faults of others with
a mantle of charily ; show ns a man
that bows as politely and gives the
street as freely to the poor sewing
girl as to the millionaire ; show us
a man who abhors a libertine, who
scorns the ridiculer of his mother's
sex and the exposure of womanly
reputation; show us the man who
never forgets for an instant the
delicacy aud respect due a woman,
as a woman, iu any condition or
class—aud you show us a trne gen-tleman.
^^^^^^^^^^
A studeut at Princeton believes
in "a place for every thing, aud eve-ry
thing in its place," so he nailed
his slippers to the wall about four
feet np, and all be has to do at even-ing
is to wheel his easy chair in po-sition
and insert his feet therein.
oiler of the
daughter.
Mae is now honored and respect-ed.
He moves iu the best society,
lie browses around iu purphjfcuiid
fine linen and oilier good clothes,
and enjoys himself hist rate. And
often now he takes his infant son
on his knee and tells him ol his
early lite, ami instills holy principles
iuto the child's mind, and shows
him how, by industry and persever-ance,
and frugality, and nitro-glycerine,
mid monkey-wrenches,
and cross-cut saws, and familiarity
with the detective system, even the
poor may rise to affluence and re.
spousibility.
The Bravest of the Brave.
Governor l.etcher the other day
related a very intetesting incident
of the war while iu Keinper's room
at the hotel. lie said that in one
of the battles below Richmond four
flag-bearers had been shot down
and a call was made lot a volunteer
to carry the colors. A stripling
took the torn standard. In a few
minutes the staff was snapped by
a shot. The boy sat down, unloosed
a shoestring, ami tied it. He
started in front again. Another
bullet splintered the stall'. It was
then fasleued by the oilier shoe-string.
He had hardly shook the
folds out a second time when down
fell the Hag, struck by a ball. The
shoes! rings had given out. lie un
buttoned his jacket, lipped his shirt
to ribbons and rapped the broken
rod, and carried the tattered ensign
through the fight.
Governor l.etcher said : •' When
they brought me the boy with the
shattered staff patched up with
shoestrings ami shirt-tail, I made
him au officer and gave him the
best sword Virginia had."
The gallant fellow was from Mon-roe
county. He was killed iu battle.
Lexington Gazette.
construct and make, or to purchase,
hold and complete Ihe coustruction
of a railway from Salisbury to or
near the line of division between
this Stale and Tennessee, at or near
PaintRock, and to the Georgia or
Tennessee line iu the county of
Cherokee.
Set:. 2. That the said North Caro-lina
Railroad Company may pur-chase
the Western North Carolina
Railroad or any one or all the di-visions
ol the same, whether at
judicial sale or any other sale that
may be made thereof, and thence-rortb
may have, hold, possess and
be entitled to the said railroad and
all its contracts, franchises, rights
and privileges aud immunities, aud
all the property and estate of every
description, real ami personal, be-longiug
to the Western North Caro-lina
Railroad Company; and by
such purchase the said company
shall acquire all the rights, privi-leges
aud immunities conferred on
the Western North Carolina Kail-road
Company by its charter and
all amendments made thereto.
Sec. il. That t-aitl corporation, iu
case it shall become the purchaser
of the Western North Carolina
Railroad, Is authorized to complete
the construction of said Railroad
ami its divisions, and shall have
the necessary powers for doing so;
and for the purpose of raising money
to accomplish the purposes of this
act, the North Carolina Railroad
Company may at its option make,
execute ami issue its bonds, payable
•with interest thereon either in
United States currency or in gold,
and in this country or any foreign
country or State, ami at any rate of
interest it elects, not exceeding
eight per cent, per annum, and for
any amount not exceeding thirteen
thousand dollars per mile, ol roads
and branches made or lo be made,
which bonds shall be signed by the
President, countersigned by three
Directors, aud attested by the Sec-retary
of the Company, and sealed
with '.he corporate seal, and be
wholly or partly in sums of live
hundred dollars, or one thousand
dollars, or each, with the usual half
yearly interest of said bonds to be
made tine and payable nt such times
and places and such manner, and
to be sold at such times, places and
I prices as the Directors may select,
to be payable iu not less than leu
nor mote than twenty years, the
sale to be made by W. A. Graham,
M. E. Mauley, and 1!. F. Armfield
Commissioners to sell and dispose
ol such bonds as may be issued iu
pun nance ol the provisions of this
A Definition of An Editor.
We have seen many definitions
of many names, words and phases,
but the following of an editor, given
by Josh Billings, is about the best
we ever yet encountered :
Au editor iz a male being whoze
bininess iz to navigate a nuze pa
per. He writes editorials, grinds
oot poetry, inserts deths aud wed-dings,
sorts out mannskripts, keeps
a waste basket, blows np the 'devel,'
steals matter, files other peaples
battles, sells bis paper lor a dollar
and 50 cents a year, takes white
beans aud apple sass for pay when
be kan git it, raizes a large family,
works 19 hours out ov every 24,
knows no Sunday, gits dammed bi
everybody, and once in a while
whipt bi sumbody, Jivs poor, dies
middle aged and often broken heart
ed, leaves no money, iz rewarded
for a life ov toil with a short bnt
free obituary puff in the nnze pa-pers,
Exchanges please copy.
act, and said Company are hereby
prohibited from every resisting the
payment thereof on the plea of
usury. The proceeds arising from
Ihe sale ol said bonds, aud also
from the sale ot certificates of stock
herein authorized to be issued, may
lie applied to llie constructing, pur-chasing
and repairing Of the rail-roads
and blanches to extend over
the routes herein mentioned for
equipping the same, lor dischaigiog
any indebtedness ol said Company
and for purchasing any securities
or liabilities which may embarrass
the operations ol said Company:
Provided, That the bonds so issued
by said Company shall in no case
lie sold lor a less sum than seventy-live
cents on the dollar.
See. I. Thai to secure the pay-ment
of these bunds and other evi-dences
oi debt issued as aforesaid,
ami the interest thereon as the same
becomes due, the said corporation
may execute and deliver mortgage
deeds with power of sale to such
trustee or trustees as may be select-ed
or agreed ou, one of whom shall
be the Governor ol this State, the
same to be signed by the President,
countersigned by three Directors,
and attestetl by the Secretary Of
said corporation, conveying its rail-way,
blanches, franchises and pros-perity
including its road bed, super-structure,
equipment, choees la
action, evidences of debt, and all
its real and personal estate of what-ever
kind, and the said deed and
all other agreements the said Com-pany
may enter into, which by law
require registration, when duly
executed, may be recorded in the
Register's office, in the county of
Wake, and its registration in that
county shall be deemed an effectual
aud sufficient registration for all
purposes whatsoever, and shall give
it priority and preference over all
claims agaiust said corporation ;
and it shall not be necessary to re-cord
or register the same in any
other county, any law to the con-trary
notwithstanding: J'roridcd.
That the said mortgage shall not
contain aay provisions for the ma-turity
of the principal of said bonds
because of failure to pay any instal-ment
of interest.
Sec. 5. That immediately after the
passage ami ratification ot this act
it shall lie the duty of the Governor
to notify the President ot the said
North Carolina Railroad Company
of the same, and it shall be the duty
of the President to call a meeting
of the stockholders of the said com-pany
and submit thisact and amend-ment
of charter for their acceptance
or rejection, aud if a majority of the
stock so represented shall vote to
accept the same it shall become a
part of their charter.
Sec. G. That immediately after
the sale of the bonds, the said North
Caroliua Railroad Company shall
commence work on the railroad be-tween
Old Fort and Paint Rock,
exceed three millions and five linn
dietl thousand dollars, until the
railroad shall have been completed
from Old Fort to Paint Kock.
Sec 7 That any director or of-ficer
of the said North Carolina
Railroad Company or other perses
entrusted with any of the bonds,
certificates of indebtedness or other
funds of the company who shall lie
guilty of any wrongful appropria-tion,
mis-spplication, malfeasance
or other corrupt use of the same
with intent to benefit himself aud
defraud the company, shall lie guilty
of a felony, and upon conviction
thereof before any Superior Court
of the Stale shall be punished by a
tiue not less thau ten thousand dol-lars
aud by imprisonment in the
penitentiary not less than ten years,
and shall further be guilty of em-bezzlement.
Sec. 8. That no public sale of said
North Carolina Railroad Company,
or any part thereof, or any of its
franchises or rights shall lie made
under the mortgage provided for iu
section four of thisact, until such
sale shall have been advertised foi
six successive weeks iu two uews
papersin the city of Raleigh of the
greatest circulation.
Sec. U. ThstSSJ Directors ot the
said Company shall be authorize.)
to purchase from the stockholders
of the same any ot the stock owned
by them, and they are empowered
aud directed out of the first moneys
arising from the sale ol bonds, or
from any lease made or to be made,
to purchase from the private stock-holders
or any of them who may
desire to sell their stock or any part
thereof aud to pay lor thu same at
the rate of not exceeding fifty dol-lars
per share, and the stock so
purchased shall become the property
of the said Cotnpauy : Provided,
That if any stockholder or stock-holders
of the said North Carolina
Railroad Company being such al
the time of making anv such con
solitiation, agreement, contract or
arrangements for the purchase,
merging or other acquisition of any
of the railroads contemplated by
this act, shall Is- dissatisfied with
the same, the said Company shall
pay to such dissatisfied stockholder
or stockholders the lull value of his,
her or their stock ou the first day
of December, one thousand ami
eight hundred and seventy three,
immediately prior to such consolida-tion,
agreement, contract, merging
or other acquisition of the railroad
company, to be assessed by three
disinterested commissioners ap
pointed for that purpose by the
Clerk of the Superior Court of the
county iu which snch stockholder or
stockholders may reside, on the ap-plication
of either party made upon
twenty days notice; but llie said
company shall not be compelled to
pay for stock ol any such dissatis-fied
stockholder or stockholders; be
or they shall give written notice of
such dissatisfaction to the Presi-dent,
Secretary or Treasurer of the
Company, whose stock shall be
held by him or them, within three
months after such consolidation,
agreement, or other arrangement
tor ihe purchasing, merging or ac
quiring the railroad aforesaid, shall
have been made aud cousented to
bv the requisite number of stock-holders
; Provided further. That the
sale of any share or shares to the
company under provisions of this
action by any executor, admiuis
trator, guardian, trustee or persons
acting in a fiduciary capacity shall
be valid in law.
Sec. 10. That the said company
may, iu like manner, purchase the
Atlantic and North Carolina Rail-road
and thenceforth may havc.holtl
and possess the said railroad, ex-tending
from (ioldsboro to More-bead
and ali its contracts, Iran
chises, lights, privileges and immu-nities,
and all the property ami es-tate
of every description, real and
personal, belonging to said Atlantic
aud North Curoliua Railroad Com-pany
; by such purchase the said
North Caroliua Railroad Company
shall acquire and succeed to aud
exercise all the rights, privileges
and immunities conferred on the
said Atlantic aud North Carolina
Railroad Company by its charter
and amendments made thereto The
Governor of the State, in order to
further and aitl such sale and trans-fer,
or iu order to unite aud co-op-erate
the said two lines of railtoad
under one management, is author
ized and empowered to transfer to
the said North Carolina Railroad
Company all the stock owned bl
the State in the said Atlantic and
North Carolina Railroad Company :
and until such transfer of the stock
ot said company is approved by the
individual stockholders of saiil road,
the Governor shall retain the right
to appoint directors in the said At
lantic and North Carolina Railroatl
Company : Provided, That if the
stock of private holders in this road
is purchased the price given there-for
shall uot exceed the market
value of said stock at the times
when the purchase shall be made:
Provided further, That the said At-lantic
aud North Caroliua Railroad
shall not constitute assets lor the
pavment of the bonds heretoforv
issned by the State to build the
North Caroliua Railroad.
Sec. 11. That the line of railway
so purchased and acquired shall be-come
absorbed and merged into the
said company, and its whole line
shall be known by the name of the
North Carolina Railroad Company ;
that portion oi its liue from Salis-bury
through or near Asheville iu
the direction of Georgia shall be
known as the Western division of
the JTorth Carolina Railroad : that
oostiba from or near Asheville in
he direction of Morristown shall be
:nown as the Asheville and Warm
Springs division of the North Caro-ma
Railroad; and that,part east
if (ioldsboro ss the Eastern di-
,-ison of the North Carolina Rail-road.
Sec. 12. That the said company
is authorized to build branchipads,
to purchase any other railroaSopon
such terms as the directors may
agree upon, and may operate and
maintain the same : Provided, That
no branch road shall be commenced,
or any other railroad purchased un-til
the roads have been completed
to or near Paint Rock, and to the
(ieorgia and Tennessee lines.
Sec 13 That the said company
as soon as it shall secure the control
of the North Caroliua Railruad,shall
operate the entire consolidated line
as one road, and the said company
shall tie ver have the power to divide
into or operate the road in separate
divisions.
Sec 11. That the said company,
In addition to the powers granted
it by its act of incorporation and
amendments thereto, and such as
are herein couferred, shall have alt
the powers, rights, privileges and
immunities of the most favored rail-way
corporation heretofore granted
by the General Assembly of this
Slate : Provided, That the said cor-poration
shall uot have banking
privileges or be exempt from taxa-tion,
and shall not demand or re-ceive
more than twenty-five per
cent, additional for carrying local
freights above the charges for car-rying
through freights.
Sec. 15. That the directors of
said company shall have the power
to change the location of any of the
lines their said company may pur-chase^
aud to chauge the gauge of
the road ol the said company iu or-der
to make the gauge to conform
with connecting roads: Provided,
That the said gauge shall be made
uuiform through their whole line :
Provided further, That in the con-struction
of any branch road on the
said line, from or near Asheville iu
the direction ot the Georgia line,
any gauge may be used iu the dis-cretion
of thu directors of the said
company : Provided further, Tlrtit
no change of gauge of the North
Carolina Railroad Company shall
be made except ou that portion of
the road from Paint Rock to Ashe-ville,
until their line from Salisbury
to Paint Rock on the Tennessee
line shall lie finished : Providedfur-ther,
That the liue of railroad in
Caluwba county running fioui its
main line to Newton shall not be
changed until the main trunk line
shall have been constructed to with-in
one mile and a quarter from the
Court House in the said town of
Newton.
Sec. 10. That the North Carolina
Railroad Company shall have the
|M>wer and authority, and they are
hereby required to contract for pro-rating
or tor an interchange of bus-iness
tiallir with any railroad com-pany,
doing or desiring a connec-tion
business, whether chartered by
the laws of this State or any other
State, upon such equitable terms as
the directors may agiee upon.
Sec. 17. That all laws or clauses
of laws coming iu conflict with any
of the provisions of (his act be and
the same are hereby repealed.
Sec. 18. That this act shall take
effect and be in force from and after
its ratification.
In General Assembly read threo
times and ratified the 20th day of
December, A. D-, 1873.
J. L ROBINSON,
Speaker of the House Rep.,
C H. BROOIIEN,
President of the Senate,
a j
873.)
STATE OK NORTH CAROLIUA,
Ol'Fli E SKCItKTABY STATE,
Raleigh, Dec 20th, 187
1, Win 11. Ilowertou, Secretary of
State, hereby certify that the fore-going
as a true copy of the original
Act on file in thin office.
WM. H. HOWKBTON,
Secretary of State.
Death-Valley.
The Beaver (Utah) Enterprise has
the followiug respecting a recent
visit to this noted valley :
"The Valley ot Death—a spot
almost as terrible as the prophet's
Valley of Dry Bones—lies just north
of the Mormon road to California, a
region thirty mjjes long by thirty
broad, aud surrounded, except at
two poiuts, by inaccessible moun-tains.
It is totally devoid of water
aud vegetation, aud the shadow of
a bird or wild beast never darkens
its white glaring sands. The Kan-sas
Pacific Railroad engineers dis-covered
it, and also some papers
which showed the fate of the last
Montgomery train, which camo
ssntfa from Salt Lake in 1850,gnided
by ■ Mormon. When near Death-
Valley some came to the conclusion
that the Mormon knew nothing
about the country, so they apjioiut-ed
one of their numbers leader.and
broke oO" from the |iarty. The lead-er
turned due west ; so with the
people and wagons and flocks he
travelled three days, and then de-scended
into the broad valley.whose
treacherous mirage promised water.
They reached the centre, but only
the wUteaand, bounded by scorch-ing
jH-aks, met their gaze. Around
the valley they wandered, and one
by one the men died, and the pant-ing
flocks stretched themselves in
death under the hot sun. Then the
children, crying for water, died at
their mother's breasts, and with
swollen tongues and burning vitals
the helpless mothers followed.—
WagOfl after wagon was abandoned,
and Strong men tottered and died.
Aftei a week's wandering, a dozen
survivors found some water in the
hollow of a rock iu the mountain.
It lasted but a short time,
when all died but two, who escaped
out of the valley and followed the
trail of their former companions—
Kigbty-wven families, with hun-dreds
of animals, perished here ;
and now, after twenty-three years,
the wagons stand still complete—
the iron work and tires are bright,
and the shrivelled skeletons lie side
by side."
On week days yon buy your music
by the sheet; on Sundays you can
have it by the choir for nothing.
?*•-*