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1876.] OF THE HOUSE OF DELEGATES. 955
$42,000 of the Bonds are in possession of the Company.
The price received for the $156,000 of Bonds sold, was as
follows:
$119,000, at 85 per ct.
34,000, at 80 per ct.
3,000, at 82 per ct.
All of which is respectlully submitted,
WM. H. BIANS,
Pres. and Supt.
JOHN G. BUTLER,
Secretary and Treasurer.
To the Honorable,
The Speaker and Members of the House of Delegates :
In compliance with the order passed by your Honorable
Body on the 14th of March instant, the undersigned officers
of the Baltimore and Drum Point Railroad Company, having
been recent y elected, beg leave to submit the following
statement of receipts and expenditures, taken from the re-
port of a Committee of the Directors of said Company, after
a careful examination of the books since which time no en-
tries have been made upon said books, and no officer allowed
any salary. Said report bears da'e of 15th of November, 1875.
The entire receipts as shown from the books are as follows:
From stock (State subscription) on acct.......... $14,520 00
Private " " .......... 19,759 00
Survey acct.............................. 241 33
From loans in cash and bonds, viz :
Balance due F. L. Barreda ...................... 53,558 05
Bills payable......................................... 22,643 48
A. & E. R. R. R. Co. (bonds und cash) bonds
$50,000, cash $33,431 88........................... 83,431 88
Farmers' National Bank.............................. 70 73
$194,234 47
Expended as follows.
Purchase of A. E. R. R. Co. stock.................. 99.913.42
Engineering expenses................................... 28,517 79
Construction, grading and masonary................ 24,370 60
Right of way.............................................. 1,696 70
Interest and commissions.............................. 24,539 44
General expenses, printing, advertising, sta-
tionery and office furniture.................. 7,536 26
Salaries of President, Vice President, General
Manager, Secretary, Treasurer and consulting
Engineer................................................ 7,632 09
Balance cash in hands of Secretary................ 28 17
$194,234 47
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