"That the eight Hundred Bonds, numbered from one to Eight hundred which are registered in the "Bond Book" and two hundred other Bonds duly signed + executed, each for Five Hundred dollars payable in 1870, with the coupons, were this day examined and cancelled in our presence. Also Sixty Bonds of One Thousand dollars each and Thirty Bonds of Five Hundred dollars each and Two Bonds of Thirteen Hundred + Seventeen dollars each, all bearing date the 17th day of May 1861 + payable the 17th day of May 1864, which bonds had been issued to Drane + Singletary and subsequently exchanged for third Mortgage Bonds under resolution of the Board, were also examined + cancelled in our presence.(signed) C. M. FurmanH. Gourdin Finance ComR. L. Singletary Presdt:"All of which was received as informationThe President stated that in consequence of the continued illness of the Supdt, he did not deem it proper to leave the road for any length of time and therefore had not visited Richmond, as the Board directed.The President introduced the Subject of the necessity of increasing the freight and Passenger tariff in order to keep pace with the steady increase in the expenses of the Co:, when on motion of Mr. Gourdin it was referred to the Presdt + Supdt to make such increase in the rates as they may think proper.In connection with the above subject the Presdt mentioned that the pay of certain
