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COMMISSIONERS' LETTER.

STATE OF NORTH CAROLINA,
OFFICE OF THE BOARD OF RAILROAD COMMISSIONERS,

Raleigh, December 31, 1892. To His E.ccellency THOMAS M. HOLT,

Governor of North Carolina.
Sir:-We submit to your Excellency our second annual report.

Since our first report, bearing date December 31, 1891, one hundred and fourteen om miles of road have been finished and put in operation, assessed for taxation at $582,405 00, as follows:

Washington Branch..

25.72 miles (a $4,000, $102,880 Fayetteville Branch.-

47.74 miles (@ 8,000, 381,920 North Carolina Midland

-13.19 miles (6) 2,500, 32,925 Murfreesboro Road

6.25 miles (a 2,000, 12,500 Winton Railway

8. miles @ 2,000, 16,000 Albemarle and Raleigh Extension--- 4.17 miles @ 4,000, 16,680 Murphy Branch --

6.50 miles a 3,000, 19,500 North Carolina (Caraleigh branch)---- 2.70 miles

114.27

$582,405 The road-bed of the last named is exempt from taxation by law.

We increased our former assessment, $405,895, as follows: Norfolk and Western.

48.71 miles @ $2,500, $121,775.00 Albemarle and Pantego

32.34 miles @ 1,000, 32,310.00 Carolina Central (Hamlet to Monroe) 52.60 miles (@3,500, 184,100.00

(Monroe to Charlotte) 24.40 miles @ 1,500, 36,600.00 Georgia, Carolina and Northern----15.54 miles (@ 2,000, 31,080.00 Total increase on former assessment.

$405,895.00 Total assessment in 1890 was

$12,321,704.00 Total assessment in 1891 was

18,423,298.28 Total assessment in 1892 was

19,726,760.56 There are now within the State 3,5931% miles of road employed in the transportation of passengers and freight.

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