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Street Railway
SUPPLEMENT
---- TO THE-----
C
o m m e r c ia l
&
F
in a n c ia l
'Q
h r o n ic l e
?
Entered according to A ct of Congress in the year 1902, by W ill ia m B. D an a Co m pan y , in Office of Librarian of Congress, Washington, D. C.
A weekly newspaper entered at Post Office, New York, as seoond-class matter—W il l ia m B. Da n a Co m p a n y , Publishers, 76)< Pine St., N. Y.
NEW
YORK,
JUNE
28,
1902.
| cars, with eight wheels, and thirty-seven feet long.
These are fitted with the usual overhead trolley, with
a “plow” for making contact in the underground oonT
S
R
S
is issued three times a year and i duits, and also with storage batteries; the plow Js
Is furnished without extra charge to every annual subscriber of the
used on the underground conduits in Manhattan, then
C
F
C
.
j
T
I
’ S
, lsssued quarterly, is also furnished it is drawn up and the pole above is used when the
withorU extra charge to every subscriber of the C
.
overhead system is reached, while the storage battery
T
S
C
S
, issued semi-annually, Is likewise i comes into service on such horse-car lines as still
furnished, without extra charge to every subscriber of the C
.
exist in some cross streets in Manhattan.
T
B
Q
S
, Issued monthly. Is also fur
Detroit has 15 electric express cars of 35 to 40 feet
nished with >ut extra charge to every subscriber of the C
.
Terms for the C
, Including the four Supplements above length, which serve the country within a radius of 60
named, are Ten Dollars per annum within the United States and
miles, making from one to three deliveries daily in
Thirteen Dollars (which Includes postage) in Europe.
the towns reached; it is considered that a day or two
in time is thus saved as compared with service by the
WILLIAM B. DANA COMPANY, P
,
steam roads, and the charges are said to be nearly ax
P
S
,
P
S
,
low as by regular freight.
Post Office Box, 958.
N
YORK.
Au electric street road is a road of many moving
units and short headway, and the first problem sug
E L E C T R IC R O A D S A S M E R C H A N D IS E
gested is that of possible interference with regular
C A R R IE R S .
traffio. This is met by sending out the express car
A year's trial has now been had of the service in this close behind a passenger car and keeping it at the
city by a special carrying company, the Metropolitan same speed, so that the two move virtually as one.
Express, over the lines of the Metropolitan Street Rail Collection points for goods are located at street!
way, including those of the Union Railway in Bronx where all cars are required to come to a full stop;
Borough, the service northward beginning at the while the passenger car is thns dong its stop, the
Battery, and taking in Yonkers, Hastings and New express behind it is picking up its packages, and if
Rochelle. The territory covered is divided into more any considerable time f jr transfers or loading is neoesthan forty districts, with many central distributing sary the car is shunted off to a depot and comss iu
stations. Collections and deliveries are made by mes again when it is ready. Rapidity of loading is facili
senger boys, by wagon and by electric automobile. tated by a very ingenious method of simple receipt
A large feature is handling material from the depart and transit forms, which serve also as record to fol
ment stores, several of these having turned over to the low the course of packages and minimize the cost of
company their entire deliveries in at least the further clerical labor and the tax of losses.
portions of the territory. The boys call at the stores The economy comes in the straight run, rather
from six to twelve times a day and take the packages than in the handling at either end, for although there
to specified points on the car routes, where they are must be wagons at each end there is a large advan
put into baskets according to their general direction tage in keeping the wagon off the long run between
and are sent on the first express car that passes. A ends. Brooklyn also has had a trolley express for
second sorting on board makes them ready for un some years over its principal car routes, and Bpeed in
loading in baskets at the distributing depot nearest handling is illustrated by the fact that when the
their destination; from this they go out again by bicycle trade was brisk a certain dealer in Flatbush,
messenger, wagon or automobile, and thus the stores havlDg been notified by telephone, would have his
secure many deliveries per day at the least possible men ready and when the car stopped opposite his store
delay—some imes an article reaches its destination in the crated bicycles could be transferred to the side*
an hour or two after purchase—and at a considerable walk by hand so quickly that not a car in passenger
saving in cost of carriage.
service had to wait.
The service was started with ten cars, altered over As compared with the service over steam roads the
from old mail cars, but the company has found it electric express has at least the great advantage of
necessary to order twenty wholly new regular express wider ramification; it penetrates new territory, exS t r e e t R a il w a y S u p p l e m e n t .
he
tr e e t
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and
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ta te and
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u pple m e n t
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it y
u pp le m e n t
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2
STREET RAILWAYS.
T H E S T E A M T U R B IN E .
tend* the radius of praotioable suburban habitation,
The turbine waterwheel has long been notable for
and thus (if you choose) pioneers for the steam road,
for the trolley has proved itself a great faotor in great effectiveness in proportion to the water used
building up. The oommuter, whose frequent load of and is now doing special work at Niagara in the pro
supplies logged homeward has been one stock subject duction of electric power. It is a small horizontal
of newspaper jest and has sometimes jarred the sensi wheel, placed at the bottom of a vertical shaft or pit,
bilities of the regular express companies, may per and consists of vaneB or bladeB set at an angle to the
haps see some promise of relief in the trolley express. plane of the wheel; in principle it is the same as the
The suburban retailer will not be pleased, but there windmill and the screw propeller, and the latter is
la no means of preventing individual hurts in trade. often oalled a propeller wheel. I f the wheel is driven
There does not seem any irreconcilable hostility be by some external force, as in case of the last-named,
tween the new electric and the old steam parcels car the push of the wheel vanes on the water moves wheel
rler, however; the National Express has been doing and boat along; If the wheel Is stationary in position
the Brooklyn business in its own name, and in Man and the water rushes through it, as in case of turbine
hattan the United States Express Co. has arranged waterwheels, the rushing water whirls the wheel as It
with the Metropolitan for all service above 69th St. In passes. The greater the height of the pit the greater
general, we need not worry ourselves over transporta, the “ head,” and the more power developed in propor
tion controversies; for if others would only be satis tion to the size of the wheel.
The same idea was experimentally used with steam
fied to keep their hands off, competition everywhere
nearly 2,000 years ago, although it was not until a
would take care of its own difficulties.
Before the Liverpool Engineering Society a few few centuries ago that steam was applied direct to
months ago a plan was proposed for an electric freight the wheel vanes in a way resembling the present de
line between the Liverpool docks and some of the velopment of the steam turbine. Take the piston
more important mill towns in Lancashire. A car out of an ordinary reciprocating steam engine; mount
with a detachable top and facilities for unloading by it; set it revolving swiftly on its own piston rod as an
cranes was proposed, to move at an average of six axis, and you have the essence of the He L w a l tur
miles an hour. The proposer figured that a fair profit bine, a thin steel disk of only 18 inches diameter
could be made at one-half the present freight rates, being large enough to develop 100 horse-power.
yet considered that the chief public benefit would be Steam is applied at the rim of this disk and at the
in relieving the streets of heavy trucking. In Brook side of the rim, which is composed of a series of little
lyn a few months ago the former passenger agent of curved buckets or vanes shaped like a parenthesis, thus
the “ B. R. T .” proposed a plan for handling ashes — ( (((; the length of this bucket lies across the plane
and sweepings over the trolley lines. He wished to of the rim, and what is equivalent to a hand forms
form the American Railway Traffic Co. for the pur the outer edge of the rim, so that the buckets are
pose and to make a five-years’ contract by which the passages closed at each of their ends. Steam comes
city could save over half of its present outlay, the through a tube or nozzle whose end is cut slanting in
hauling to be done at night. This scheme, after a long bevel, as a cabinet-maker cuts a piece of wood
resting a little time, has very recently come forward to give it a long surface for gluing. Thus, the noz
again, the situation being that the old dumping zle opening is extended so as to cover a larger number
places are nearly filled and hence a more distant haul of buckets, and it is laid approximately flat against
will soon be necessary; so the material is to be taken the wheel rim, as close as may be without quite touch
on flat cars to certain outlying districts for use in filling ing, so that. the rushing steam drives directly into
in. There seems to be a prospect that the plan will go the buckets, striking upon their concave sides and
through, and there is clearly a germ of good in it, passing out through the wheel as it spins, either to a
especially if it should lead to a more intelligent hand condenser or directly to the exhaust. As the little
ling of the city’s waste matter, for the time must buckets whirl past the nozzle each one gets a push
come when matter which is now expensively carried from the steam, so that the drive is continuous; as
many nozzles as the size of the wheel will allow (from
off may be made to more than pay its own way.
A road 14 miles long between East St. Louis and one to twelve) can be applied, and any number of
Belleville, 111., has been converted into an electric them, from one to all, can be used, according to the
freight and coal road, operated by a locomotive which work to be done.
As made by the He Laval Company, the steam tur
has pulled twenty coal cars of 60,000-lb. capacity;
but carrying heavy freight, which is harder to haul bine has two peculiarities, the diverging nozzle and
and much slower to handle, introduces more serious the flexible shaft. The hole in the nozzle jast de
problems than mere parcel-handling. On the shorter scribed is tapered, so that the steam goes from a small
roads of the present, freight hauling will tend to passage into one which gradually enlarges until it
trouble the passenger schedules.
On longer lines reaches the wheel; thus the great desideratum of
the connections with steam roads are laeking, and the “ working expansively” is attained, the effect being
really long electric roads do not yet exist, although economy in fuel. Since not even a purely rotary
there are a few traversable ones,, made up of short motion can entirely prevent vibration when the veloc
links. Except over interurban lines—and the term ity is so great (perhaps 1,000 revolutions a minute)
“ interurban” itself is used only In a restricted sense the shaft is made slender enough to have a slight
as a moderate expansion of “ urban” —strict freight flexibility and its bearings are ingeniously contrived
transportation over electric lines takes us quite a to be capable of oscillating with the shaft.
It has long been admitted that a direct rotary, en
long look ahead. That there is a tendency in that
direction may be admitted; yet the problem involves gine is better in theory than a reciprocating one
so much that it must be considered as still in its whose, movement must be immediately converted into
rotary in order to do any practical work, but there
early stages.
STREET RAILWAYS,
have been difficulties in carrying out the theory. The
turbine, which is a reversion to the early type, comes
nearest to solving those difficulties, and has already
passed beyond doubt of Its practical efficiency. The
most unmechanical person can see that It has the
great advantage of simplicity, for it omits many usual
parts, including the valves and stuffing boxes which
are subject to wear and to leakage of steam; also that
It can be made light in weight and Is therefore econ
omical in space and easy to set up, because it is Itself
compact and does not need the usual massive bed and
foundations which absorb the strain and shock of the
reciprocating engine.
In the familiar triple-expansion engine, steam at
maximum pressure passes from cylinder No. 1 to a
second one of larger diameter, and thence to a third
of still larger diameter, the object being to utilize the
utmost possible percentage of the heat-energy, and
the increased diameter making up for the reduction
of pressure. The “ Turbinia,” built by Parsons of
Newcastle-on-Tyne, which is claimed to be the fastest
vessel yet produced and to have been driven close up
to forty miles an hour, uses a turbine having a num
ber of rows of blades, and also has several such tur
bines of increasing diameters on the same shaft, thus
working on the expansion principle.
Such a vessel is useless except for speed and has a
small radius of movement, being limited by her coal
carrying capacity; so we must not be led into imagin
ing that the speed of the fastest present liners is to be
doubled or even largely increased. Nor is there good
reason to expect application of the turbine to the
steam locomotive; there are mechanical difficulties,
one of them being that the turbine wheel necessarily
runs at a high velocity, which has to be reduced by
“ gearing down.” In the De Laval engine, this pro
cess employs a beautiful adaptation of worm or spiral
gear in two rows set at an angle with each other,
which work with admirable smoothness and the min
imum of wear without noise, end-shake or backlash.
But while the steam locomotive has probably no
prospective interest whatever in the turbine principle,
the electric locomotive has a very large one, for the
especial field of the steam turbine is in driving at
high speeds, as on dynamos, centrifugal pumps, blow
ers, equipments for head-lights and train-lights, etc.
Besides being able to use a number of nczzles accord
ing to the work, the De Laval type has an ingenious
and very sensitive governor. The relative loss of
economy when working upon less than the full load is
smaller with the turbine than with the ordinary en
gine, and there are other points (on which we cannot
enter for lack of space) which make the turbine
economical in fuel. For an instance, one test at the
Westinghouse works made out a fuel-saving of onethird by a Parsons compound turbine over the old
reciprocating plant in use there, though it is not dis
tinctly stated whether the latter was of the best mod
ern pattern. The Westinghouse Company has taken
up the Parsons engine in this country, and is now
building a pair for the generating plant of a trolley
company in Cleveland. A plant of this type (the
largest yet erected) has been built for the Metropoli
tan District Company of London, consisting of ten
engines of 7,000 horse-power each. The fuel problem
grows increasingly vital, and the electric companies
are keenly interested in whatever offers reasonable
prospect of economy at the power station.
3
T R A C K LR U S T R O L L E Y S .
There are several transportation problems now in
process of working themselves out which have not
shown as yet such clear signs of their solution that
anybody is warranted in distinct predictions about
them. These are: The possible substitution of elec
tric for steam locomotives, the paralleling of steam
roads by trolley roads, the development of merchan
dise carrying by the latter, the penetration of entirely
new territory by them, the development^ the auto
mobile in really practical service.
It is already evident that competition between these
methods is not so destructive as might at first have
been imagined. The new will supplant the old, and
they will fit themselves to each other, so that invest
ors in either need not feel alarmed about any sudden
revolutionary changes. For example, the trolley is
already serving the longer steam line as feeder, and
the automobile has begun to perform the same service
for both.
Every vehicle which carries its own motor with it
and is not drawn by another is literally an automobile;
we are only using a word heretofore unfamiliar to
designate a new application on the roads in these
latter days. The trolley car is an automobile which
has rapidly attained prodigious development, and its
motor is not far unlike that of the electric cab. What
we call the electric automobile carries its own source
of current, a heavy and bulky storage battery, which
must be re-charged frequently at a power statio? ; the
trolley car has the motor only, and takes its current
fresh from the power station, with which it keeps in
coi stant communication by its wire— this is the dif
ference. When the storage battery runs down the
electric automobile on the road is “ dead ;” when the
electric automobile on the rail “ jumps ” its trolley
wheel, it instantly becomes an inert mags.. The trolley
car, therefore, cannot go beyond the reach of its feed
wire, but it is not necessarily restricted to a rigid line
of movement.
A trackless car moving on the common highway is
possible if the connection with the wire is made flexi
ble enough to stay reasonably well in place. Then
we shall have a trolley car or omnibus— the name is
unimportant— driving on the road by its rear wheels
and steering with the front pair like any other auto
mobile wagon. The trolley wheel must have a swiveled
joint, so as to run on the feed wire in an angular posi
tion of the pole, or the little wheel may be replaced by a
sliding form of contact, having a swiveled joint below
it. While the car meets no obstruction it will of
course keep a line in or near the vertical plane of the
feed wire— i. e., it will run right under the wire;
when it meets another car one of the twain will pull
down its pole and allow the other to have the wire
until it has passed— a procedure which suggests the
meeting of boats on a canal, where one lets its towline
down into the water and the other boat passes over it.
Electricity always moves outward from its source
and back to that in a “ circuit;” a “ return” path is
therefore necessary, and if none is provided a suf
ficient impelling force will cause the current to find
one for itself along the path of least resistance. The
current delivered from the feed wire to the car motor
must have i‘ s path of return; this is ordinarily pro
vided by the track, involving problems and troubles
in “ bonding” the rails so as to make them eleotiically
continuous and facilitate return of the current.
4
STREET RAILWAYS.
When there is no track the trolleys and wires mast be
S A F E T Y 'JHEADS.
double to complete the circuit, one wire carrying the
Au iron stair or step-tresd, whether solid or with
current out from the power station and the other open bars, is a treacherous thing, and ribbing or
returning it.
otherwise roughening the surface adds little perma
The first operated oar of this sort was shown daring nent security. So it has been a common practice to
the last Paris Exposition. A short line was opened weave hempen strands amoug the bars. Rubber, which
in Germany about a year ago, and an extension of Is a clinging material except when wet or worn smooth,
eight miles to a summer resort is proposed for this has been much used, but it is not durable; brass
season. The city oounotl of Franklin, N. H., has plates sfrve a semi-decorative purpose and protect
just granted a franchise for a line of this sort, which the edges of wooden stair-treads, but furnish only a
Is to begin by joining two railroad stations in that poor foothold; plain wood is the natural material and
is generally agreeable, but its surface soon becomes
place which are now inconveniently separated.
The doubling of trolley poles and wires involves an smooth.
The satisfactory tread must be soft, to hold the
overhead complication, especially in case of large
towns with a number of lines and crossings, although foot, and also hard, to resist wear. These opposite
this has not prevented its adoption in Oincinnati, qualities require a combination of materials, which is
where it is thus far unique, we believe. Dispensing found by putting steel and lead together in alternate
with the traok obviously reduces the practicable size strips or ribs. A safety tread which is made by a
and speed of the car, for rails not only decrease Boston company and must have been noticed with
vibration but hold the vehicle to its proper course; agreeable surprise by thousands as they pass over the
traction resistance and consumption of current must j station stairs of the Boston Subway consists of steel
hence be greater when the track is absent. On the strips from
to 6 inches wide, notched with
German road the consumption of current was found Y-shaped grooves about three-quarters of an inch
to be double that on a track road per ton mile, j apart. Between these V grooves a thick strip of lead
Against this must be set the large saving in first cost , is let into the steel and is held there firmly by a slight
of track in interest, sinking fund, repairs and depre dovetailing of the sides of the recess in which it lies.
dation, and the German road figured the extra cur The lead is forced into place by rolling, not cast in,
rent cost as not more than one-tenth of the direct and it comes flush with the upper face of the steel
saving by no-track.
plate. Tbe whole is equivalent to a corrugated steel
Unless it has obtained its own way, on which it in plate with lead strips inserted between the corruga
terferes with no other traffic, a car track of any sort tions. The lead catches the sole of the foot with a
is in itself highly objectionable on more practical firmness which is ' comfortably reassuring, and the
grounds than those on which Raskin based his hatred steel edges or “ jaws” which, viBe-like, hold the lead
of railroads. Within a city it is a partial destruction strip, resist wear themselves and also protect the
of the street as to all other service, and it is trouble lead. One might suppose the lead would wear out
some even outside the city; it is a burdensome thing concave on the top and leave the edges of the steel
which we endure because of its compelling services. recess to receive the foot, but experience proves that
So it is plain that a trackless franchise may be it does not; the tread seems to have indefinite en
acceptable on many streets where the rail might be durance and is always non-elipping.
bitterly fought.
Other concerns make a combination slightly differ
The German projectors consider it as an entering ent in the shape of the channel between the lead
wedge, however, and planned their overhead con strips, but all depend on the same principle— soft
struction so as to be conformable to a later laying of metal to hold the foot and hard metal for endurance.
rails. Their road performs service In freight-carrying These treads can obviously be made in any shape,
with a trailer, and the forecast for such a road natur straight or curved, to suit ciroumstances. On the
ally extends to light freight-carrying, as well as to “ running beards” of street cars they are naturally in
the preliminary service of a feeder where population long strips; on the steps of closed cars they are in
is as yet spajse and traffic is light. There may be straight strips, or sometimes in three pieces, the ribs
places where an existing electric-light plant might be of the centre one at right angles with the other two,
glad to furnish power at a low rate, and thus the and made reversible. Goal-hole covers, sidewalk vaulthazards of the experiment would be lessened. At lights, elevator landings and other places liable to
the German speed rate of eight miles an hour it does become slippery, are easily treated with this devicenot seem impossible that this plan might be used also Prevention being always cheaper and better than
for hauling somewhat heavier freight or at least for accident, the safe tread is of obvious interest to
trucking market supplies into cities.
electric railways.
Street R ailways .
SECURITIES
AND
REPORTS.
This ia one of our four Supplem ents . In using the series it is to be remembered that they are inter-dependent
publications, complete only as a whole. I f utilized together, and with the fresh items of news the Ch ronicle contains from
week to week, the investor w ill have all the information he needs in seeking a safe and remunerative lodgment for his money.
Street Railways forcibly illustrate this inter-dependence. Such roads obviously rely for their income, and therefore in
great part for the value of their securities, upon the population and activity of the country they serve. Hence constant
reference to our Sta te and Cit y Su pplem ent will be found necessary by those wishing to purchase the stocks and bonds of
street roads. Population, assessed valuation, tax rate, total debts of the counties, cities and minor municipalities are given at
length in that publication, every one of which items is an essential fact contributing more or less to any correct estimate of
the amount of suburban travel a given road commands.
The A bbreviations used in our Street Railway statements will be found explained in a table immediately following the
last statement in this Su pple m ent .
A full I ndex which shows where each railway w ill be found is also given on the closing pages.
A K R O N , OHIO.
P opulation 1900 was 42.728;
1890 was 27,601;
and in 1880 was 16,512
NORTHERN
in
OHIO T R A C T IO N —
Trolley.
B o ' ds—The above debentures may be called at any tim e on three
months’ notice at “ a 5-per-oent interest rate fo r the unexpired term
as calculated in standard interest tables.” V. 73, p, 1113. The Union
Traction has acquired $22,000 Cohoes C ity Ry. bonds by exchange.
This is one o f the Everett-M oore properties, wliose affairs w ere in
Securities of Old A lbany R a il w a y .
Jan., 1902, placed in the liands o f a bankers’ syndicate. See Y. 74, 1st M ortgage.................. 1865
5 J.-J.
$29,000 Jan. 1,1905
6 M.-S.
11,000 Mch. 1, 1905
p. 41. The Everett-Moore holdings of preferred stock w ere sold in June, 4th M ortgage................. 1880
5th M ortgage................ 1888
5 M.-S.
32,000 Sept. 1,1913
1902, but control is still held through common stock.—V. 74, p. 1308. Consol. M. ($500,000),) 1890
5 g J.-J.
428,000 Jan. 1,1930
The company was incorporated in Ohio July 12, 1899, and is a
0 ' gold $ 1 ,0 0 0 )........) Interest at Central Trust Co., N ew York.
5g.J.-D.
496,000 June 1, 1947
consolidation o f the Akron Traction & Electric (franchise expires Gen. M. $750,000, g o ld .. 1897
Leased line securities—
1924) and o f th e A kron Bedford & Cleveland (franchise expires 1919).
Wat. T. & RR.—
On Deo. 1,1900, purchased, and Feb. 1,1901, took possession of, the i 1st M. int. guar........... 1889
6 M. - N.
350,000 M ay 1,1919
A kron & Cuyahoga Falls Rapid Transit.
2nd M., p. * i. guar. . 1890
6 M .-N .
150,000
M ay 1,1919
STOCK & bo n d s —
Dale. Interest. Outstanding.
M aturity
The Albany Ry. general m ortgage o f 1897 was fo r $750,000, o f whioh
Common stock, par $100 .......................
$2,500,000
...........
$496,000 has been issued and $254,000 reserved.
Pref. stock, 5 p. o. cum .,)
TA,T
i ooo 000 $ March,
par $100, $1,000,000.. ? ........
i,uuu,uuu ^1902,2^%
Sec u ri tie s of O l d T r o y Ci t y R a i l w a y .
Date.
Interest.
Outstand’g
M aturity.
*895 5 g. M&S
300,000 Sept.1,1915
w vers 2 7 ? 0 mUes . 5 Central
CoY - trustee, pays interest. T roy & Eansb. m o rt...1888
5
A -0
$34,000
A pr. 1,1903
Troy City 1stcon.M .,) 1892
5 g. A - 0
1,966,000
Oct. 1,1942
Farther bond issue lim ited to $10,000 per mile of new track.
g.,$2,000,000,.c**r 5 Interest paid by Trustee, Central Trust Co., N .Y .
North Ohio Trac mort «■ 1*899
5 g. J.-J. 3,000,000 J u lyl,1 9 1 9
nim n n o T li horn T‘ T* ( Irrt. at Central Trust Uo., N. Y ., trustee; or
In addition to the foregoin g there are $188,300 of T ro y City deben
$d,uuu,ouo ($1,000)...0 5 Dime Savings & Bank. Co., Cleveland.
tures due in 1904.
Bands—Of Hie $3,000,000 Northern Ohio Traction bonds, $300,000
The Troy City leased roads include T ro y & Cohoes, stock $50,000.
w ill go to retire the Ak. Bed. & Clev. gen. rntge. o f 1895. Bonds listed 1 dividends under lease 7 per cent; Lansingburg & Cohoes, stook
on Phila. Stock Exchange in Oct., 1901.
1 $15,000, dividends under lease, 7 p. c.; T roy & Lansingburg, stock
P l a n t —Operates 90 miles o f track, including the A kron & Cuya
$700,000, owned by Troy City R y .; total, $765,000. The W aterford &
hoga Falls Rapid Transit. Extends from Cleveland to Akron, and Cohoes RR., $25,000 stock, receives 7 p. 0. yearly under lease.
from Cuyahoga Falls through Akron to Barberton, and to K en t and
D ividends —F irst qu arterly dividend, 1% per cent, was paid M ay
Ravenna. Rails, 50, 56, 70 and 80-lb. T and 73-lb. girder, standard 1,1900; same rate since up to and including May, 1902.
gauge; operates 126 oars in all. Also embraces electric-light systems
R oad —Operates; 77% miles o f track. Lines connects Albany, Troy,
o f Akron and Barberton.
Cohoes, Rensselaer, W atervliet, Lansingburg, Green Island, W ater
L a t e s t Ea r n in g s .—Five months to M ay 31:
ford, etc. Has 396 oars, including 12 snow plows and 7 sweepers
5 months—
Gross.
Net.
Charges.
Surplus. Carries express and light freight.
1902.......................... $251,306
$102,531
$62,957
$39,577
A n n u a l R e p o r t —Y ears ending June 30th.
1901.......................... 210,776
78,442
53,603
24,839
1901.
1900.
1901.
1900.
E ar n in g s —Y ears ending Dec. 31;
Gross earns.$1,331,879 $1,306,634 In te re s t....... $179,235 $177,320
Calendar
Gross
Net
Fixed
Dividends
Bal. fo r N e t............. *424,354
457,910 Tax,renTs,etc 67,316
58,642
year—
e im iv g s . earnings, charges.
on pref.
com.stk. Otherinco .
8,329
12,229 D ividends.... 229,487
120,000
1901
$617,011$266,166 $136,161 (5)$50,000
$80,004 Netincom e.
432,683 470,139 Balance- ...d e f 43,355sur.ll4,177
1900................ 513,725
196,250
141,133 (5) 25,000
30,117
* Strike affected results.
Dividends—On pref. stock in 1900, 5 p. 0.; in 1901, 5 p. 0. D ividend
L a te st Earnings —United Traction—Nine months to March 31.
due Jan., 1902, was paid in Mch., 1902.
9 mos.—
Gross.
Net.
Oih. Tnc. Charges. Surplus.
O fficers —P resident, H. A. Everett, Cleveland, Ohio; Vice-President, 1901-02............ $1,092,137 $335,951 $6,562 $192,219 $150,294
W ill Christy; Treasurer, J. R. Nutt, Cleveland; Secretary, C. F. Moore, 1900-01............ 1,028,179
328,694
2,880
179,533 152,041
Akrort; Manager, Cbas. Currie. Oeneral offices, Akron. —V. 68, p. 425,
OFFICERS—Chairman of Board, Robert C. Prnyn; Pres. & Gen’l Mgr.,
616, 869, 1074; V. 69, p. 131, 230, 334; V. 70, p. 176; V. 72, p. 88, 137,
184,391; V. 73, p. 785, 1264, 1313; V. 74, p. 268, 380, 630,1308.
John W. McNamara, Albany; Vice-Pres., Francis N. Mann Jr., Troy;
Sec., Chas. G. Cieminshaw, Troy; Treas., James McCredie, Albany;
Supt. Express and Freight, Charles H. Armatage. Principal office. A l
b a n y .-V . 69, p. 383, 541, 851, 909, 1147, 1300; V. 70, p. 77,126, 330,
P opulation 1900 was 94,151; in 1890 was 94,923,
AND in 1880 was 90.758.
383, 431, 634, 793; V .71, p. 343, 544; V. 72, p. 138, 284 989,1035; V
U N IT E R TRACTION.—A trolleyroad.
73, p. 6 1 4 , 844,1113.
O r g a n iz a t io n .—Chartered Dec. 30,1899, as a consolidation o f the
Albany Ry. [chartered in 1863], the W atervliet Turnpike and RR. and
the T roy City R y. [chartered Jan. 31,1866]. See V. 69, p. 1147,1300;
V. 70, p. 77.
P opulation 1900 was 14.528; in 1890 was 14,339;
Has contract w ith Hudson R iver Pow er Transmission Co. of Meand in 1880 was 13,659.
ehanieviUe for supply of pow er sufficient for operating consolidated
W A S H I N G T O N A L E X A N D R I A & MT. V E R
system.—V. 69, p. 541,909.
N O N RY.—UndergroundtrolleyinWashington; overhead outside
Has traffic agreement w ith A lbany & Hudson R a ilw a y & Pow er
STOCK & Bonds —
Date. Interest. Outsiand'g. M aturity.
Co., the Hudson V alley Ry. Co. and the Schenectady Ry. Co., by which Stock, $1,000,000 (par $50) ....................... $1,000,000 ...................
1895 5 g. F.-A.
700.000 Aug. 1, 1925
these roads obtain an entrance into A lb a n y ; also w ith the Hudson 1st mort,, $750,000, gold..
Interest at Real Estate Trust of Philadelphia, trustee,
V alley Ry. Co. and the T roy & N ew England Ry. Co., allow in g th eir
R oad .—Operates from Washington, D. C., (13 L3 st. & Pennsylvania
oars to enter T roy over the TJ. T. Co.’s track.
A ve.) to M L Vernon, 17 miles; extensions to Arlington Cemetery and
Rosslyn, Va., etc., 8 miles; total track, 25 miles; T rails.
S t o c k & BONDS—
Date. Interest. Outstanding. Lastdiv.,& c.
Stock (par $100) $5,000,->
QOQ „ „ < May 1, 1902,
OFFICERS.—President and General Manager, Clarence P. King,
000............... ................) .........
........ $4.,yyy,/ou£
1^4%
Secretarv, Frank K. Hippie; Treasurer, J. K. Swartz; Supt.. J. Col
Debentures, $1,250,000) 1901 4big. M.-N.
437,000 M ay 1,1919 vin. Office, Alexandria, V a „ and Washington D. O.—V. 61, p. 474; V.
gold ($1,000)...........„.r 5 In t. at Nat. Commercial Bank, Albany.
74, p. 1198.
X
A L B A N Y , N. Y.
ALE X A N D R IA , VA .
0
8TKEJET K A 1 L W A 1 8
ALLENTOWN,
POPULATION ly o o W.ah 35,416; IN i y io
AN U IN 1880 h aj8 18,00
L E H IG H
V A L L E Y TRACTION A trolley road,
O r q a n iz a tiq i.-O r L tm tlly chartered La Pennsyli niiia Feb. 3,1893,
A ll the It line 111 a,ml around A ttmito wti were on Oct 31, I860, merged
in the company These tines worn form erly opfcpatn by the Allentown
A Lehigh Valley Traotiou and comprised the follow ing companies:
Allentow n A Beth. Rap. Transit, | Bethlehem AS.Bethlehem St. By.,
A llen tow n A Emails Street By.,
I Catasanqua & Northern St. By.,
Allentow n Passenger By'.,
I Lehigh Valley Traction.,
Bethlehem & Allentow n St. By , |So Bethleh’m & H ellertow n St. By.
Also owns a majority o f the stock o f the Allentown Electric Light A
Pow er Co., which company leases the Bethlehem Electric Ligh t Co.
and the South Bethlehem Electric Light Co; the Citizens’ Light &
Pow er Co. o f Slat' tigton and the Pen A rgyle Electric Light Co. Owns
R ittersville Hotel Company and Park.
Leases,—The Bethlehem & Nazareth St. Ry. and the Coplay E gypt A
Iron ton S t Ry. are leased.
On Deo. 1 . 1900, leased the Easton Consolidated Electric Co. V. 71,
p. 1067. In January, 1901, leased for 999 years the Slate B elt Elect
ric Street Ry., running from Bangor, Pa., to Nazareth, Pa,, and the
Allentow n & Slatlngton Street Ry. of 22 miles, extending from A llen
town to Slatlngton, Pa.
Owns all the stock and guarantees the bonds o f the Philadelphia &
Lehigh Valley Traction Co., operating a lin e from Allentow n to Phila
delphia. See Ch r o n ic l e , V. 72, p, 581. In Sept., 1901, acquired
m ajority of the capital stock of the Quakertown Traction Co. For
projected New Jersey & Pennsylvania Tracllon, see V. 73, p. 1112.
In Dec,, 1901, acquired the franchises o f ihe Newtown & Yardley 8t.
By., now under construction between the points named in title.
STOCK & Bonds —
Date.
Interest. Outstand’g,
M aturity.
Stock, $2,500,000,par $50........
Q —J.
$2,500,000
See text.
8 tock .p t, $500,' 00 ($50) 7 (
nnn
p.o cum., redeem, at par. \ ....................
ouu.uuo
................
Leh.Val.Tr. 41,,$3,000,000 ) 1899 4 g. J & D
3.000,000 Deo. 1, 1929
o.* $1,000, g o ld ............ ) Int. at Guar. Trust Co., New York,trustee.
Beth, a Naz. St. Ry. stock...........................
150 000 5 p. c. guar
Bonds. .....................................
5
150,000
.................
^ 2 4 0 *0 0 0 oI m S ' $50k*
J&D
* 240’000
1st M. guar. g. $500,000 j 1900 4 g. J & D
500,000 Deo.1,1930
($250, $500. $1,000) ! Interest at Allentown Nat. Bank.
May at any time be [L eh igh V alley Trust & Safe Deposit Co.,
called at 110........o ' J Allentow n, Trustee.
81|^60B0 0 0 ? S d 0) . $ 5 L . 1
J& D
$360,000 3 * % guar.
1st M. guar, g $360 000, \ ___ 5 g .J & D
360,COO June 1.1930
oanbeoal’ d a f.’ lO a t 105 (Trustee, Lehigh Val. Tr. & Safe Dep. Co.
8 to<k and bonds—In A pril, 1902, converted $500,000 o f the $3,000*
000 common stock into 7 per cent cum. pref., proceeds being employed
In extensive improvements to pow er plant. A n y or all bonds of I.eh.
Val. Trae issue may be redeemed at 105 on six weeks’ notice. They
w ere Rated Jnly, 1901, on Philadelphia Stock Exchange.
D ividends— First dividend o f 1 per cent was paid July, 1900, and 1
p. o. quarterly slnoe then to and including A p ril, 1902.
Road—Controls all electric lines in Lehigh V alley from Slatlngton to
Easton, Pa. Operates 197 miles of track (of which 147T0 miles of
leased lines, inoluding the Easton Consol. Electric). Gauge, 4 feet 81*
inohes; 60, 70 and 90 lb. T and girder rails. Operates 157 oars.
A nnual R epo r t .—For year ending Dec. 31, 1901, Including ligh ting
plants, gross, $-39,849; net, $3-5/98; interest, rentals end taxes,
$312,858; dividends, $85,768; deficit, $13,028.
OFFICERS—President, Robt. E. Wright, Allentow n, Pa.; Vioe-Pres’t,
L. E. Johnson; Secretary and Treasurer, C. M. Bates.; ARentown, Pa.
—V. 70, p. 229, 841; V. 71, p. 1067, 1167; V. 72, p. 137, 581.13 36,1188;
V. 73, p. 82, 138, 391, 616, 1010, 1112, 1160, 1313; V. 74, p. 728.
S . OCK & B C M jjDale, Interest, Outstanding.
Maturity,
Stock, $2,500,cuO ISO).-.
..............
$2,506,000
..........
1st mort., $2,500,000 t 1901 4 g. M.-M.
2,0u0,000 Mar, 1, 1P31
($i,t 00) i g,, guar,*o. j Int. at Guaranty it . Go . New York, trustee.
lio/tUs—Bonds can be called at 105 at any time upon 6 *•••ks' n< t n,
and am guaranteed by the Lehigh V'alley Trac. Co. No unking fund.
R
oad ,~ Allentow n to Philadelphia, 5u mjn-- , all of ,/iiieh was coin1pit ted
tu May, 1902, v<iih the exception of 300 or 400 tort at a steam
railroad m ow ing which : - dciaved until rlie kind of cm-slug :-. tied-led
upon. Rails bu-li). T- Opt rates 25 double and 10 single truck cat a
OFFICERS-—President, F. J, C rilly ; See. and Tress., C. M. bati-s,
Allentown, Pa. -V . 72, p. 581,1136; V. 73, p. 616,663, 785,1011,1. 13.
(3)
Q U A K E R TO W N T R A C T IO N CO.
O rganization —In Aug., 1901, acquired by the Philadelphia & Le
high Valley Traction Co. through purchase o f the m ajoaty oi it*
oaidtal stock or $150,000. In Sept., 1901, stock was increased to
$300,000. Chartered Nov. 27. 1896, lo r 99 years, and municipal
franchise granted Nov. 20, 1896, in perpetuity.
S to c k & Bonds —
Date Interest. Outstanding. Maturity.
Stock, $300,000 ($50)....................................... $300,000.
........
1st mortgage, $300,000, gold / 1901
5 g. M-S. 300,000 Sept. 1 ,1j 31
($100 $200. $500,$l,0t One' { Gu p .& i.b y L V Trae. and Phil A L. V Tr.
Interest at Commonwealth Tr. Co., Hairleburg, trustee.
Can be called alter 1 year at 105 and Interect.
R o a d — Operates I2ki miles of tric k and forms part of the Phi’ a A- L
V. Svstem to Philadelphia; 107 lb. girder and 90 lb T rail.—V 73. p.
391,616, 785, 1011.
OFFICERS-—President, F. J. C r illy ; Secretary and Treasurer, C M.
Bates, Allentown.
ALLENTOW N
& K U T Z T O W N T R A C T IO N
C O . - A trolley road.
O rganization —Incorporated A p ril 25, 1898. Is also building an
extension from Kutztow n to Temple, under name o f Kutztowi. A
Fleetwood Traction Co., to connect w ith United Traction Co. tr:i ka
from Reading, and which, when completed, w ill be merged with the
ARentown & Kutztow n Traction Co., thus form ing a through line from
ARentown to Reading.
S to c k & Bonds —
Date. Interest . Outstanding . Maturity.
stock, $250,000, $50...................
.........
$250,000
..............
1st mort., $250,000, gold, > 1900 5 g. J-J
194 000 J ly 1,1930
$100, $500 and $1,000 ) Int. at Fidelity Trust Co., PhRa., Trustee.
Bonds are subject to caR at any time after July 1,1910, at par.
Earrings —For fiscal year ending June 30, ! 901, gross,$60,392; net,
after deducting interest and taxes, $6,241, In 1900, gross, $33,594?
net, after deducting interest and taxes, $4,14 3.
Road—Operates about 20 miles of track.
OFFICERS— President, G. H. Gerber, Allentown; Secretary, Asa R.
Beers, Mauch Chunk; Treasurer, H. E. Ahrens, Beading; Manager,
I. S. Ruth, ARentown.
A L T O N , ILL.
P opulation 1900 was 14,210; in 1890 was 10,294;
and in 1880 was 8,975.
ALTON
R A IL W A Y ,
GAS
&
E L E C T R IC —
O rganization —This company was organized in 1899 t-o operate
street raRways in Madison and St Clair counties (HI.) and to furnish
ga3, electricity, steam and w ater, fo r light, fuel, powenand district
heating, and to operate parks and pleasure resorts. On Aug. 7, 1899,
company was consoRdated with the A lton RaRw ay & Illum inating
Company. See V. 68, p. 1178 and V. 69, p. 282. Also bought from the
bondholders of the old A lton Gas & Electric Ligh t Co. the property at
that concern sold at foreclosure July 1, 1899. In Nov., 1900, pur
chased fo r $5,000 “ as salvage ” the property o f the A lton Electric &
Service Co., which had attempted com petition and failed after spend
ing $15,COO.- V. 71, p. 1218.
STOCK & B onds —
Date. Interest. Outstanding.
M aturity.
Stk.,par$100. $500,000 ................ .......
$500,000
......
........
Alton Im prov. A s s o .)
1889
5 M-S
12,000
Sept., 1904-’09
1st M., cur.$25,0u0 s Interest at A lton Savings Bank.
( 1 ) EASTO N C O N SO LID ATE D E L E C T R IC —
Alton Ry. & IR. 1st M., ( 1895 5 g. A-O
238,000
Oet. 1,1915
On Dec. 1,1900, was leased to Lehigh V a lley Traction fo r 999 years,
$250,000, g., $1,000.o* ) Int. at Manhattan Trust, New York, trustee.
at 10 p ercen t on amount patd in on stock, equal to 3 p. c. on par Alton Ry. Gas & Elec. ) 1899 5 g. A -O
250,000
Oet. 1, 1939
value. V. 71, p. 1067. To provide fo r completion o f construction
Co. mort., $500,000, > Int. at North Amer. Trust Co., N. Y ., trustee.
w ork under way at time of lease, the Easton Co. retained part o f the
($1,000). g o ld ...... e* ) No s. f.; bonds can not be called.
Sept., 1901, dividend, which was accordingly made 3 p. c on the $15
Of the $500,000 new m ortgage, $250,000 is reserved for prior liens.
paid in on the shares. In March, 1902, fu ll rate was resumed.
R oad and P roperty —Owns 12 miles of single track equipped with
O rganizatio n .—Consolidation in 1899 of the Easton Transit Co., the
Edison IRuminatingCo. o f Easton and theEaston Palm er & Bethlehem. overhead trolley, and laid with 56, 60 and 70-lb. f and girder rails,
Incorporated in N ew Jersey March 11,1899.
serving Alton, Upper Alton and North Alton.
Gars—18 electric-motor
STOCK & Bonds—Both the stock and the collateral trust 5s w ere In cars. Owns “ Rock Spring Park” of 22 acres, w ith lagoon, paviRoa
Jan., 1900, Rsted on the Philadelphia Stock Exchange.
Date. Interest. Outstanding.
M aturity. and green houses and “ A th letic P a rk ” of 5 acres, w ith track and ball
grounds; operates 135 open arc and 75 enclosed arc Ughts, 12,000
Stock, $1,500,000; par, $50 ..
M A S 30% paid in.
See text.
CoRateraltrust, g,, c.* 1,- S1899 5 g . M & N
872,000
M ay 1,1949 incandescent lights and 175 H. P. motors. Gas plant capacity 75,000
300,000 ($1,000, $500). } Int. at Girard Trust Co. (P M .), trustee.
eubio feet per day. , H eating plant capacity, 75,000 feet of radiation.
Easton
r a n s it 1s t mort If 1892 5
A -O
300,000
1922
OlOH TAiailOlk
Easton
I ransit i‘ OIUUOIU.,
at mort., i subject to oaR at 103 in 1897 and redeem.
Is building an extension to East Alton under the name of the A lton
300,000, gold, $200 & {
$500
Ac&r
A t- 1 after Oet. 1, 1902. Interest at Easton & East A lton Ry. & Pow er Co. The la tter w ill have $100,000 stock
1 Trust Co.. Trustee.
p ft ivrntn-p P a i at at
5 1381 6
A - O
$60,000
Apr. 1, 1941 and bonds.
Pa. M otor Co. 1st M ....... L a c k . T r .& g, Dep. Co. (Scranton), trustee.
L atest Earnings —) 1901............
Gross, $71,543; net, $3-.342
Easton
&
Bethlehem \ 1894 6
60,0( 0
Aug. 1, 1924
6 mos., to Deo. 31. $1900........
..cross, 62,007; net, 31,397
Transit Co. Bonds-----? EP.W ilburTr.Co.,trustee; red.aft.Aug 1,’04
A nnual Re p o r t —For years ending Sept.:
Easton Palmer & Bethle \ 1898 5
J &J
200,000 Dee. 31, 1918
1901.
1900.
1899.
1898.
hem El. Is tg ., $200,vOO ( Int. at U. S. Mtg. & Tr. Go., N. Y , trustee.
Earnings—
•
$
$’
$,
$
Under the lease to Leh. V alley Trac. int. on col. trust issue Is guaran R a ilw a y........................... 72,664 07 61,913 11 52,31164 48,888 12
teed by indorsement. V. 73, p - 1316. The bonds have no sink, fund, and Electric Ligh t & P o w e r...34,652 18 29,608 89 28,230 86 28,26194
27153
436 50
are not subject to call. Of the total issue of $1,300,000, $420,000 is re Other earnings................ 21,578 46 15,052 93
served to take up the $300,000 Easton T r-n sit bonds, $60,000 Penn.
T o ta l......................... 128,894 71 106,574 93 80,814 03 77,586 56
M otor bonds and $60,000 East. & Beth. Tran^. bonds. Issue is secured
by a pledge of $298,350 (out o f $300,000) stock of the-East. Trans. Co., Operating expenses...... 66,528 62 56,071 76 39,187 04 36,759 84
12,206 shares (out of 12,322 shares) of Edison IRum inatlng stock.
N et earnings ........... 62,366 09 50,503 17 41,626 99 40,826 72
1,902 shares (out of 2,400 shares) of Pennsylvania Motor stock, 4,u00
700 24
1,695 27
5,54553
$50 shares (half common and half preferred, being the entire issue of Legal expenses, & e.......... 6,907 24
each) of the Easton Palm er & Bethlehem Street Ry., and 2,400 shares
Balance......... ............ 55,458 85 49,802 93 39,931 7 2 '35,2 81 19
(out o f 2,500 shares) of Easton & Bethlehem Transit stock.
2,594 75
2,338 63
2,62484
R oad —E mbraces the entire street-railway' system of Easton, South T a x e s ............................... 2,760 95
Easton and Philipsburg, with a line from Easton to Bethlehem and
"f52,697 90 47,208 18 37,593 09 32,656 35
South Bethlehem; total track 43 67 miles.
In te re s t.,........ ................ 19,388 90 20,375 41 14,391 37 16,047 78
OFFICERS—President, W. Hinckle Smith; Sec., E. B. Maltby; Treas.,
A . D, Chidsey.- V. 68, p. 524, 670, 976; V. 70, p. 76, 175, 1249; V. 71,
-Net, su rp lu s ....,....... 33,309 00 26,832 77 23,201 72 17,608 57
p.437, 1066; V. 73, p. 1316.
..
Balance sheet June 30, 1901, shows a profit and loss surplus o f
( 2 j P H I L A D E L P H IA & L E H IG H V A L L E Y T R A C H O N .
$125,000.
,
OFFICERS—President and Treasurer, J. F. Porter; Vice-President,
O rganizatio n .—Incoiporated Feb 14,1901. to build an electric line
from A lleu tow fi to Phila elphia.—V. 72, p. 581 Stock all owned by O. S. Scorn R: Secretary, H. S. Baker, all o f Alton,—V. 66, p, 61 5 ; V*
68,Jp. 1178; V. 69, p. 282, 332, 1344; V. 71, p. 1066, 106$, 1218.
Lehigh Valley Traction Co.
STREET RAILWAY'S.
A L T O O N A , PA.
A LT O O N A & L O G A N V A L L E Y E LE C T R IC
R A I L W A Y A cquired by Am erican R ailw ays Co., which gee
under Philadelphia.
AMHERST,
M A SS .
P o p u l a t io n in 1900 w a s 5,028; in 1890 w a s 4,512;
a n d IN 1880 WAS 4,298.
A M H E R ST & S U N D E R L A N D STREET R Y O r g a n iz a t io n .—Chartered In 1890. Owns and operates 1012 miles
o f single track. The 5 miles o f road to 8uuderlai:d w ere completed and
put in operation on M av 18, 1901. T h eex ten slon proposed to South
Hadley, 4 miles, to oonneot with the H olyok e Street Ry., Is expected
to be in operation by J uly 1,1902
STOCK & Bo n o s —
Dute.
Interest. Outsland'g.
M aturity.
Stock, $93 000 ...............................................
$93,000 A p r.,’02, 2%
I rI nmrt ™ id
< 1902
5 g. J-J
51,500 Jan. 1.1922
1st mort., gold ($o00). ... ^ In t at Flrs8 tN a t. Bank, Amherst.
fo n d *.—The new m ortgage bonds are subjeot to call upon 10 days'
n otice at 105.
Idvlden ds o f 2 p .c. were paid October 15,1900, A p ril 20,1901, Oct. 21,
1901, and A p ril 20, 19-2. Gross earnings from operation fo r year
ending Sept. 30, 1901, $14,694; net, $3,486; taxes, Interest, etc.,
$1 847; balance, surplus, $1,639; President, W. D. Cowls; Vlce-Pres.
•nd Treas., M. A. Dlokinson; Clerk, Chas. IT. Edwards; Supt. and Gen’l
M anager, L. N. W heelook.—V. 73, p. 615; V .7 4 , p. 93.
A M S T E R D A M , N. Y.
AMSTERDAM
S T R E E T R R .—This road was pur
chased in July, 1900, by the Fonda Johnstown & G lo vers vllle RR
See statement o f the la tte r in I n v e s t o r s ’ S u p p l e m e n t ; V. 71, p. 187.
—V. 73, p. 31, 493, 1355.
ANDERSON,
IND.
See M uncie, M a rio n , Elxcood.
P o p u l a t i o n i n 1900 w a s 20,178; i n 1890 w a s 10,741;
AND i n 1880 w a s 4,126.
P op u la tion o f district served 150,000 to 175,000, exclusive o f
In d ia n a p o lis (169,164).
U N IO N
trolley road.
T R A C T IO N
C O . O F I N D I A N A .- A
The McCulloch syndicate controlling this road is also engaged in
building the Indianapolis Northern Traction Co., fo r which see
remarks under Indianapolis.
the parties interested in the Indianapolis Street R ailroad
are
interested In the Union Traction
but the companies them
selves are distinct.
ORGANIZATION.—The Union T ractio n Company o f Anderson was
Ulianered Sept. 3, 1897, andtcommenced operations Jan. 1, 1898. In
July. 1898, it absorbed Anderson Eleo. S treet Ry. and in Jan., 1899, the
E lw ood Eleotrio S treet Ry., and in June, 1899, the M arion C ity Ry.
On J uue 21,1899, was consolidated with the Muncie Anderson & In
dianapolis S treet R a ilw a y [organ ized in June, 1899, to own the fran
chises in Muncie and build a line from Muncie to Indianapolis] under
the title o f the Union Traction Co. o f Indiana (V. 69, p. 82), thus com
bining the electrio lines o f the Indiana gas belt. The Citizens’ Street
R a ilw a y o f Muncie, Ind., w as also absorbed in June, 1899. In
1901 absorbed the M arion Tran sit Co., a small com peting line in the
c it y o f M arion
S t o c k & Bo n d s —
Date. Interest. Outst’d’g M a tu rity
St’ k,$4,000,000, common, $100 .........................$4,000,000 ...............
Stock pref., 5 per ot.. cum ,]
$1,000,000 (+100). M ay be '
1,000,000 2 8; A p .,’ 0:
retired a fter Deo. 15,1910, f
en 3 j days’ n otice................•J
Anderson Eleo. St. 1st M., g.
1892 6g. J - J
150,000 Ju ly 1,’ 12
($1,000 each) a s s u m e d ....c , Int. a t Farm. L. & T. Co., Trus., N .Y.C .
•Citizens (Munoie) 1st m o rtg .,]
177,500 Dec. 1, ’ 27
$25o,000.......................... c* 1 1897 6g. J-D
S. f. subjeot to call at 105,f [•Interest at Guar. Trust <fc Safe Deposit
Co., Philadelphia, trustee.
denoiu. $500 and $1,000.
400,000 M ayl,1915
Marion C ity 1st M., $400,000, S 1895 6g.M -N
gold ($1,000)...................... o ) In terest at Nat. Broadw ay Bank, N. Y .
M ortgage trustee, Francis A . Palm er.
<3en. m ortgage, $5,000,000,1
gold ($1,000), cannot be > 1899 5 g. J A J 4,247,000 J u ly 1 ,’ 19
Int. at C ity Trust Co., N. Y ., trustee
c a lled ............................ c&t * )
Slotk and Bonds—O t the $5,000,000 n ew m ortgage, $753,000 are re
served fo r underlying bonds. In Feb., 1902, com and pref. stock and
gen. mtge. bonds w ere listed on Phila. Stock Exchange.
D iv id e n d s . —P ref. stock dates from Jan. 1,1901. F irst div. Oct. l,
1901 (fo r nine mos., Jan. 1. to Sept. 30), 3% p. c.; A pr. 1, 1S02,2 l2 p. c.
R o a d —Besides the c ity lines In Marion, Anderson, Muncie and El
wood, operates an interurban road from Anderson (via Lin w ood,
A lex a n d ria , Sum m itville, Fairm ount, Jonesboro, Gas C ity and Soldiers’
H om e) to Marion, w ith a branch from A lex a n d ria (via Orestes and
Dundee) to Elw ood, also an interurban line from Muncie, via Yorks
tow n. D aleville, Chesterfield, Anderson, Pendleton, Ingalls, F o rteville,
M cC ordsville and Law rence, to Indianapolis; total track aggregates
97 m iles o f interurban and 56 miles o f 1 ity lines. F reigh t service conem pLtcd. B y contract until N ov., 1933, cars run o ver tracks o f In
dianapolis St. Ry. in Indianapolis. A n extension from E lw ood to Tipton o f 12 miles is in progress o f construction.
A large cen tral pow er station, w ith necessary storage batteries at
Anderson, operated on a three-phase system, w ith eight sub-stations
like wise equipped w ith storage batteries, has replaced the stations
the various cities and towns.
E q u ip m e n t . - 85 open and closed care, 38 city traders, 31 in ter irban
m otor and 7 trailers, 59 dump and other cars, 4 w ork motors, & c „ 2
snow plows and 1 pile driver.
R e p o r t —T he line from Anderson to In dian apolis was not opened
until Jan. 1 , 19C1. I t should be noted that the reconstruction o f the
p o w er house and lines in terfered not only w ith traffic but also w ith
the econom ical operation o f the road.
Some of
also
Co.,
7
T w e lv e mouths ending Dec. 31.
1901.
Gross earnings .....................................................$752,520
O perating expenses............................................. 422,675
1900.
$447,616
247,045
N et earnings ............................................. ..$329,845
Interest on bonds outstanding, sinking fund,
taxes, A c ............................................................ 260,C65
$200,571
177,946
Surplus............................................................ **69,780
$22,625
* Out o f tide, $27,175 lo r dividend (5%) on pref. stock was paid.
OFFICERS— President and G en’l Mgr., Geo. F. McCulloch, Muncie,
Ind; Vice-President, Ph illip Matter, Marion, Ind.; Secretary. Jas. A.
Van Osdol, Anderson, Ind.; Treasurer, W m. C. Sampson, M u iele,
Ind. Directors, the foregoin g and Randal M organ, and J. L e v e lin g
Jones, Philadelphia,Pa. audW . K esley Schoepf, O lm lunatl.O . General
offices, Anderson; truusteroilleos, Com pany’s office Anderson, Indiana,
and R eal Estate Tru st Co., Philadelphia.—V. 67, p. 224, 372: V 68, p.
1227; V. 69, p. 82, 334; V. 71, p. 1013; V. 73, p. 617, 1063; V. 71, p 3-1,
428,885,989.
________ ^
AN NISTO N,
ALA.
P o p u l a t i o n 1900 w a s 9,695; in 1890 w a s 9,998;
AND in 1880 w a s 942.
A N N IS T O N
E LE C T R IC
& G A S C O .-
ORGANIZATION—In corporated in 1899 under N ew Jersey laws, to
take o v e r the Anniston E lectric Co. (operatin g the Noble Street lin e),
and the O xford Lake Line, sold at foreclosure August, 1899; also ac
quired at receiver's sale the Anniston Gas and L ig h t Co. General Eleotric Co. Jan. 31, 1902, owned 196,000 o f the bonds.
STOCK and BONDS—
Dale. Interest. Outsland’g.
M aturity.
'to c k , $250,000 ($ 1 0 0 ).....................................
$250,000 .................
1st mort., $300,000 ($100, ? 1899 5 g. J D
222,000 Dec. 1, 1929
$500) gold................... c* 5 In t. at Balt. Safe D ept <fc Tr. Co., Trustee.
Bonds.—$78,000 bonds are reserved fo r extensions and Im prove
ments. E n tire issue m ay be called a fte r 5 years at 105 and accrued
interest. S in k in g fu n d of 1 per cent o f bonds outstanding beoomes
o p era tive on Dec. 1, 1905, but to be available fo r bond redem ption*
only if the m oney cannot be advantageously em ployed “ fo r the acqui
sition o f perm anent extensions and additions.”
R oad —Operates'9 miles o f road from Anniston to O x ford Lake, In
cluding 4 miles o f track on city streets.
OFFICERS.—President, H. C. Levis; 8eo. and Treas., H. M. Francis,
Schenectady, N. Y.; Gen. M anager, H ow a rd W . Sexton, Anniston.—
V. 68, p. 928; V. 69, p. 283.
A S H E V I L L E , N. C.
P o p u l a t i o n 1900 w a s 14,694; in 1890 w a s 10,235;
a n d i n 1880 w a s 2,616.
A S H E V I L L E S T R E E T R A IL R O A D -T ro U e y ro a d .
ORGANIZATION—The A sh eville S treet R a ilroa d was a reorganization
in 1893 o f the A sh eville S treet Railw ay. I t is controlled by the Ashe
v ille E leotrio Co., which In turn is controlled by the G eneral Eleotrio
Co. The A sh eville Eleotrio owns $24,000 o f the $26,000 A sh eville St.
Ry. bonds, the w h ole $74,000 o f A sh eville 8t. R R . bonds, and a large
m ajority o f the A sh eville St. R R . stock. The A sh eville Eleotrio also
owns all the capital stock ($20,000) and bonds ($20,000) o f the Intermontane Ry. Co. (4 oars and 2 T 5 m iles o f track) and the whole
$24,900 o f capital stook and $35,000 bonds o f the A sh eville <fc B lit'
more St. R y. & Transportation Co., ow n in g 6 cars and operatin g 1*06
miles o f track. The A sh eville E lectric Co. operates these last two,
but the A sh eville St. R R . maintains a separate corporate existence
STOCK & B o n d s —
Date.
Interest. O utstanding. M a tu rity .
Stock, ($100) ,$78,359 87 ...........................
$78,359
..............
Pref. ($100),$187,964--5...........................
187,964
..............
Aslie.St. R y .1st M .,$10 0,-(188 8
6 c r J -J
26,000 Ju ly 1, 1918
000, gold ($500)
c* < Int. at A tla n tic Trust, N ew Y ork , Trustee.
Ashf-v St. R R. M. ($1,000) ( 1893
6 g J -J
74,000 July I , 1903
gold $100,000 ......... o* Int- at A tlan tio Trust Co., N. Y.. Trustee.
O f the $100,000 A sh eville St. R a ilroa d bonds, $26,000 are reserved
to retire the A sh eville St. Railw ay bonds.
E a r n in g s .- F or calendar year 1901 gross, $66,847; net, $9,690; in.
terest and taxes, $7,959; balance, surplus, $1,730.
R o a d — Operates 6-92 miles o f track, Including sidings; owns 17 cars,
including trailers.
OFFICERS—President, J. E. Rankin, A sh eville; Secretary and Treas
urer, H. M. Francis, Schnectady, N. Y .
X
ASHLAND,
W IS.
P opulation 1900 was 13.074; in 1890 was 9,956;
and in 1880 was 951.
A S H L A N D L IG H T , P O W E R A N D S T R E E T
R A I L W A Y —A tro lley road.
O rg aniz atio n —Chartered in February, 1896, as successor to Ashland
Lighting & Street Ry. Owns exclu sive electric ligh t and gas rights In
oity, and bonds co ver ligh tin g plant. G eneral E lectrlo Co. Jan. 31,
1902, owned $106,000 o f the bonds.
STOCK & B o n d s —
Date.
Interest. Outstand'g.
M a tu rity .
Stock, $300,000 ($100)............................
$150,000
.....................
1st M., $150,000, g o ld )
1896
5g. J.-J.
110,000
Jan. 2, 1916
($1.000),s.f.,red.l04.o ( In terest at Old Colony Tr. Co., Boston, trustee.
E a r n i n g s — F or year ending M ay 31, 1901, gross, $60,858; net,
$14,607. ROAD—Operates 6 m iles o f tro lley track.
OFFICERS—Pres., G. W. H arrison ; Seo. and Treas., G. F. M errill.
A S H T A B U L A , OHIO.
P opulation 1900 was 12,949;
in 1890 was 8,338;
AND IN 1880 w a s 4,445.
A S H T A B U L A R A P I D T R A N S IT —
O r g a n iz a t io n —Chartered Oct. 7,1890.
STOCK & BONDS—
Date.
Interest.
Outstanding. M a tu rity.
Stock.......................................
........
$150,000
..............
1st M.. $75,000, gold, ( 1891
6 g. J - J
75,000
July 1, 1911
1.000................c ‘ <fcr ( In t. at Central Trust Co., Trustee, N. Y . City.
R oad —Operates 5 miles o f track on 5 miles o f street.
O ffic ers —P resident, F. B. W agner; Vice-Pres., F. J W ettach; Treas.,
E. W. Savage.
STREET RAILWAYS.
8
ASTORIA,
OREGON.
1‘ui-UL iltON X900 w as 8 381; IS 1890 w as 6,184;
AND Dt 1880 WAS 2,803.
ASTORIA E L E C T R l C COM PAN Y •- A trolley road.
O r g a n iz a t io n - Chartered in Oregon March 12, 1901. Heorgantxattou of the Astoria Street Hy., sold at foreclosure on July 2, 1900,
and old securities retired, Is controlled by the Geueral Electric Co.
5 1 JCK dc Bonds
Dale. Interest. Outstand’g. Maturity.
Stock, $300,uov 1$100),... . . . . . . ............
$160,000 ...................
ROa Q~Operate* 3*« wiles o f track. Extension o f 1 miles proposed.
O fficers —P resident aud Mgr., 0. A Ooolhlge; Vied-Preaid ant, 8. 8.
Gordon; Secretary aud Treasurer. 11 M. Brandsford.
A T C H IS O N , K A N S A S .
P o p u l a t io n 1900 was 15.722; in 1890 wa » 13,963;
AND IN 1880 WAS 15,105.
ATCH ISON R A I L W A Y , L IG H T & P O W E R O rganization —Controls electric railway, lighting and gas proper
ties of Atchison. Successor In 1895 to the Atchison Railw ay, Electric
L ig h t * Pow er Co. A ttem pt to unite with Atoh. W ater Co abandoned.
STOCK &. Bonds —
Date. Interest, Outstanding. M aturity.
Stock, $300,000, par $100............................
$300,000
..............
S lllW o t t
1895 6 g ..J * J
150,000 July 1,1915
Exoh. Nat. B k ? a Y m sou T Trustee, Mercantile Trust Co., New York.
Road —Operates 8
miles of track.
E ar nin gs —In 1901, gross, $90,463; net, $38,092; In 1900, gToss,
$37,506; net, $28,553.
OFFICERS—President, J. P. Pomeroy; Yice-Pres’t, W. P. W aggoner
Treaa., 0. 8. Hetherm gton; Snpt ,C. M. Marshall.—Y. 72, p. 626, 127 8
A T H E N S , GA.
P opulation 1900 was 10,245; in 1890 was 8,639;
and in 1880 was 6,099;
M a t u r it y .
S to ck & Bonds Date.
Interest. O utstanding.
Common, $5,000,000............
$5,060,000
P ref., 5p iv nuu-tuiiL, )
.............
1,800,000
$1,800,000
(
5g ,1-1.
4,000,000
Ia.it. 1,1032
U t con M , * 1 1 000, 190*2
OOO, g, s. f. (fl.OOO) c* Int, at Old Colony Tr, Co,, Boston, Trustee.
225,000 July l, 1920
1890
6 g. J. - J.
C 18i
Atlanta 8L R K . first S j aterext 1- payable In New York at 4 th Nat. JBk.
gout, $ 1 ,0 0 0 — ..— / Central Trust Co., New York, Trustee.
Atl. Cons. Hi. Ry 1 st]
5 g. J .-J .
2,275,000 Jan 1.1939.
eons. M., *2,500,- 1*99
000,g,($l ,000 ea<*h) I Interest payable In N. Y. at N. Y. Sec * Tr. Co.;
also at Merc. Tr. * Dep. Co. o f B ale, Trustee.
Bub), to c a ll after 5
years at 107 9*
e" J
Ga. Electric Lt. Co.
5 g. J .-J .
1,3 0,000
July 1,1930
le t M , $2,000,000, 1900
g, Subject to call Int. at Old Colony Tract Co., Boston, Trustee.
In 1905 at 101.... J
Bonds - O f the total authorized issue of $11,000,000 of Ga. By. A
Elec, bonds, $3,850,000 are reserv ed to retire underlying liens, $2 000,.
000 for extensions and improvements (at not to exceed 75% of the cost)
and the balance ($1,150,000) for purchase of bonds of other corporations
and for "corpo ate purposes.” Bonds are subject to call on any interest
date after Jan. 1, 1907. at 110 and accrued interest. A sinking fu n d
becomes operative In 1907 which w ill retire $10,000 of bonds in each
year from 1907 to 19L1, inclusive; $25,000 per annum from 1912 to
1916, inclusive, and $50,000 per annum thereafter.
E a r n in g s —T he earnings of the combined properties befinre eon soli'
dation fo r the calendar year 1901 were; Gross, $1,171,000; net, $457,313.
L a t e s t Ea r n in g s .—Eor five months ending M ay 31, 1902, gross,
$501,110; in 1901, $416,418.
R o a d - O perates 110 miles of track, 40 miles of whlchlsentixelynewO ffic ers .—Chairman of board, H. M, AUinson; President, Pr eston
8 . Arkwright; vioe-Pres. and Treas,, G. w . Brine; v ic e Pres, and Gen.
Mgr., D. A. Beldon; Vice-Pres. and Mgr. Elec. Dept., J. G. Rosaman;
Vice Pres, aud Sec., T. K. G len n .-V . 74, p, 377, 4 7 7 , 629, 727, 987.
A T H E N S E L E C T R IC R A I L W A Y - A
trolley road.
O r g a n iz a t io n —Purchased road at foreclosure sale in June, 1894.
New charter granted June, 1895. Has oontraot to furnish arc lights
P opulation 1900 was 30,345; in 1890 was 25,858;
and in 1880 was 21,924
to city; also incandescent lamps to private parties. Uses w ater power
A U B U R N CITY R A I L W A Y —A tro lley road.
for generating electrloity. In October, 1901, purchased the property
O r g a n iz a tio n —Chartered Oct. 1,1886. In 1895 the oldlires were
o f the Tallassee Pow er Co., which w ill have tw o pow er stations
pany owns Lake Side Park,
driven entirely by w ater wheels, and afloidtng 2,250 horse power; re-built and extensions made. The com
about 33 aores on Lake Owasco,
plant to be completed in July, 1902.
S to c k & B onds —
Date. Interest. Outstand’g. M aturity.
STOCK & B o n d s — Dale.
Interest. Outstanding.
M aturity.
Stock (par $100) $300,000............................... $300,000
..............
Stock . $50,000 f. p .........
..........
$50,000
............
1st M „ $300,000 ($l,000).c* ) 1895 6g. F - A
300,000 Aug. 1, 1925
1st mort *100000 < 1896
6 ft. J.-J
15,000
July 1,1916
red, Aug. 1, 1905. at 105., 5 Int. at W. End Tr, & S. D. Co., Phila., tr.
,, ,,,,1,} ',1*001
’ 1 Columbus Savings Bank, Columbus, Ga., trustee.
Bills payable June 30,19(11..............................
54,000 ....................
c. gold I$000)......I Interest at Columbus or Athens.
N ew 1st mortgage, ( 1901
6 g. A - 0
$185,000
Oct. 1, 1931
R oad —Owns 13 miles of track extending along Seward Avenue,
$400.000($1,000), •? Interest at Title Guarantee * Trust Co , Atlanta, North Street, eto. and from Genesee Street to fo ot o f Lake Owasco.
g o ld ................ e** (
Trustee, or Old Colony Trust Co., Boston.
Rails 45 to 90-lb, Has 19 oars and 1 sweeper.
Bond*.—Of the new bonds entire issue, but no lesser part, m ay be
Ea rn in g s —F or years ending June 30:
called on and after Oet. 1, 1911, at 106 and Interest; $15,1-00 re
Oross.
Net.
Taxes.
Interest.
Balance.
served to take up old bonds; rem aining $200,000 can only be Issued 1900-01.................$82,301 $26,042 $4,636
$18,000
snr.$3,40
3,630
18,786
snr.4,161
fo r future extensions and additions, to an amount not exceeding two- 1899-00................ 76,237 26,577
1898-99................ 70,481 31,400
3,419
18,000
sur.9,981
thirds o f the actual cost.
O fficers —P resident, C. D. Beebe; Secretary and Treasurer, A. M.
P l a n t —Owns 7 miles o f track; 40-lb., 60-lb. and 70-lb. T rails and Michael, both of Syracuse; Superintendent, R. A. D yer Jr., Auburn,
70-lb. girder; 10 motor cars; lighting and pow er plant, 1,050 h. p.
I n d e x —Y. 61, p. 749.
W ill build 3 miles additional track to Mitchells Bridge next w inter and
spring.
A U B U R N I N T E R U R B A N E L E C T R IC R R L a t e s t Ea r n in g s .—For 4 months ending A p ril 30,1902, gross, $13,- A trolleyroad.
871; net, $7,923. In 1901, gross, $10,745; net, $5,444.
O rgan ization -In co rp o ra ted in N ew Y o rk on August 5,1895. In
EARNINGS—In 1901 earnings were $19,864 gross and $10,461 net March, 1902, Railroad Commission gave authority to increase stock
from railw ay, $14,742 gross and $11,932 net from lighting and power, from $250,000 to $1,000,000, to provide fo r new construction.
and $5,119 gross and $2,431 net from city lighting. Total, gross,
Stock & Bonds—
Date. Interest. Outstanding. M aturity.
Stock, $1,000,OtO, $100..............................
(?)
..............
$39,725; net, $74,824. In 1900 w ere $37,651 gross and $23,726 net.
1st mort., $150,000, g o ld ) 1900 6 g.F-A
$125,000 Mar. 24.1910
O fficers —P resident, J. Y . Carithers; Vice-President, W. S. Holman,
($ 1 ,0 0 0 )....... ...... c* s Int. at No. Amer. Trust Co., N. Y., Trustee.
Secretary and Treasurer, W. T. Brvan; Gen. M anager and Purchasing
Bonds are subject to call at par on any interest date.
A gen t, C. D. Flanigen. Snpt., H. M. H u g h es.-Y , 73, p. 1060,1311.
R oad —Operates 7*113 miles o f track from Auburn to Skaneateles.
Extensions proposed.
OFFICERS—President, G. B. Leonard; Vice-President, G. B. Long
street; Secretary and Treasurer, F. T. Pierson; Manager, C. D. Beebe*
P opulation 1900 was 7,061; in 1890 ivas 6,319;
- V . 74. P- 679. '
___
and in 1880 was 4,307.
A U B U R N , N. Y.
A T H O L , MASS.
ATHOL
& O R A N G E STR EET R A I L W A Y
O r g a n iz a tio n —T his company owns and operates 7*32 miles o f elec
tric track, extending from town of Athol to centre of Orange, Mass.
Completed Oct. 1,1894.
Stock (par $100) ($74,500 f.p.)
Earnings years end. Sept. 30;
outstanding-----.. .$74,500
1901.
1900.
1st M. i$l,000), gold, ’94.. 60,000 Gross................ $35,988 $33,365
5g., J&J, (no option) Jan. 1,1915 N e t.............. 13,205
11,437
Int. at Oid Col. Tr. Co., Boston.
Int., taxes, etc..
4,942
4,304
D ividends.......... 5,380
4,800
D ividends —I n 1895, 5 p. c.; in 1896, 1897, 1898, 1899,1900 and in
1901, 8 p. 0.
O fficers —George D. Bates, President, A thol, Mass.; A lb ert N. Ellis:
Treasurer; Corporation Clerk, Wm. D. Luey; General Manager, W. D.
Smith, Athol, Mass.
AUGUSTA
5
GA.
P opulation 1900, 39,441; in 1890 was 33,300; and in
1880 was 21,891.
A UG USTA R A I L W A Y & E L E C T R IC CO.-A
rolley road.
*
ORGANIZATION—A reorganization in 1896 o f the Augusta Railw ay,
the Augusta L igh t Co. and the Thomson-Houston Co. Franchise fo r
both railw ay and electric-lighting runs until 1990. General E lectric
Co. Jan. 31,1902, owned $240,000 of stock.
STOCK & Bonds—
Date. Interest. Outstanding.
M aturity.
S tock,par$100, $1,000,000 . . . . . . . . . . ---- $1,000,000
....
N ew nrtg. gbld, $1,000,000 < 1900 5 g. J & D 1,000.000 June 1,1940
($1,000)...................... c* ( int. at M er Tr. & Dep. Co., Balt.. Trustee.
Bond*.—Mercantile Trust & Deposit Co. o f Baltim ore and N. Y . Se
curity & Trust Go. brought out the bonds, which can be called in 10,20
or 30 years from date at 105 and interest on 6 months’ notice. Sink
in g fu n d is % o f 1 per cent, beginning June 1, 1905, for 15 years,
P opulation 1900 was 89,872; in 1890 was 65,533;
AND ES 1880 WAS 37.409.
1 per cent fo r n ext 10 years and 2 p er cent fo r remaining 10 years.
Popu la tion Tributary to Street Railway, 150,000.
A n n u a l R e p o r t — F or years ending Deo. 31 earnings were:
Gross.
1901.
1900.
1899.
G E O R G IA R A I L W A Y & E L E C T R IC C o $111,204
$126,140
O rganizatio n —incorporated on Jan. 2s, 1902, and on A p ril 1,1902, From ra ilw a y........................... .$119,713
From lig h tin g ........................... 84,421
79,013 •
76,713
took over the A tlan ta R a ilw a y & Pow er Co., the Atlanta Rapid Tran
sit Co.,the Georgia Electric Ligh t Co. and the Atlanta Steam Co. Com
Total g r o s s ....................... $204,134
$190,217
$202,853
112,027
114,281
prises the entire street railw ay, electric light, pow er and steam heating Operating expenses and taxes,. 123,998
interests o f A tlan ta and Fulton County. B y terms o f the ordinance
N e t.
............................... $80,136
$78,190
” $88,572
perm itting consolidation the company paid the city of A tlanta $50,R oad —Operates 281e miles o f tra c k ; 17 miles o f street.
000 in cash, and agrees to pay a ta x on gross receipts o f 1 per cent for
OFFICERS—Pres., D. B. D yer; Secy, and Auditor, A. J. McKnight;
first 3 years, 2 per cent fo r the n ext 20 years and 3 per cent there $upt.,W .E. Moore,
a fter.—V, 74, p. 397, 727. H . W. P-oor & Co. and Curtis & Sanger of
INDEX—V. 60, p. 391; V . 61. p. 793; Y. 62, 820> 907; V. 63 p. 115;
Boston offered the new bonds for sale in A pril, 1902;
Vf 70, p. 175,1048; V. 72, p. 44.
A T L A N T A , GA.
1
STREET RAILWAY'S
A U G U S T A , ME.
P O P U L A T IO N 1900 w a s 11,683; i n 1890 WAS 10,527;
AND in 1880 WAS 8,665.
AUGUSTA W IN T H R O P & G A R D IN E R R Y An electric road.
O rgan ization —This la a consolidation in M ay, 1902, o f the Augusta
H a llo w ell & Gardner RR. and the Lew iston W inthrop & A u gu sta St.
Ry.
Outstand’g. M aturity.
Interest.
S t o c k & Bo n d s B a it.
Stock, com non.........................
...... .............
(It
P referred 4 per cen t............
(1)
....................
Aug. H a llo w ell & G. > ,
$10,500
Ju ly 1,1910
6 J -J
1st M. tor $100,000. > XoJU
Interest payable in Boston : International Trust Co., 7rustee.
23 ',500
Ju ly 1,1951
4g. J - J
1901
1st inort., $250,000.
convert. ($1,000 and j interest at Augusta Trust Co., Augusta, Mo.,
$500).....................c* ’ Trustee.
Bonds can be converted into preferred stook at the option o f the
holder.
Road—Operates 13 miles o f road in Augusta, H a llow ell, G ardiner
and Farmtngdale and to Togus. A n extension o f 14 miles from Au
gusta to Wii throp is under construction and expected to be com pleted
In July, 902.
A nnual R e p o r t —For years ending June 30th earnings o f the old
H a llo w e ll & Gardiner R R . w e r e :
1901.
1900. I
1901.
1900.
Gross ea rn in gs..$41,553 $38,748 |Taxes, etc..........
$387
$396
4,600
2,705
N e t earnings...... 13,237 11,351 i Bal. for d iv s .........
In tereston bonds 8,250
8,250 ! D ivid e n d s...........
4,800
4,800
OFFICERS—Prest., J. Manchester Haynes, Augusta, Me.; See., H. G.
Staples; Treas. and Pur. A gen t, Q. E. Macomber; Supt., L. F. T a y lo r.—
V. 74, p. 1194.
AUSTIN, TEX.
P o p u l a t io n i n 1900 w a s 22,258; in 1890 w a s 14,575;
a n d in 1880 w a s 11,013.
A U S T IN E L E C T R IC
R Y.-A trolleyroad.
O rganiz ation —In corporated in T exas on M ay 29,1902, as a reor
ganization o f the Austin Rapid Tran sit Ry., sold at foreclosu re M ay
6,1902. Extensions and im provem ents are contem plated.
S to c k & B onds —
Date.
Interest.
Outstand’g.
M a tu rity .
Stook, $200.000...........................................
$200,000
....................
R o ad —Operates 13-34 miles o f track on 10-27 m iles o f road.
O f f ic e r s —President. Ir a H. Evans ; Yloe-Pres.., F. H . W atriss, N ew
York; Treas., E. P. W ilmot; See. and Supt.. Frank E. S covill.—V. 64,
p. 422; V. 7 0,p. 124S; V . 74, p. 4 26, 576, 1037,1194.
B A B Y L O N , N. Y .
P o p u l a t io n i n 1900 was 7,112; in 1890 w a s 6,035;
a n d in 1880 was 4,739.
B A B Y L O N R R . —Chartered A p ril 15, 1871.
ORGANIZATION.—Owns and operates 1‘ 53 miles, exten d in g fro m
State Dock on G reat South B a y to L. I . R R . Depot.
STOCK & BONDS—
Date.
Interest.
Outstanding.
M aturity .
Stook, $25,000 ($25)
..........................
$25,000
....................
1st M., g., ($1,000) >
1898
5 g . J-D
33,000
June 1, 1928
$600,000 auth. 5 In tere st at M etropolitan T rust Co., N . Y ., T ru stee.
OFFICERS—President, A rthur P. Dodge; Secretary and Treasurer,
Francis J, Oppenauer. N. Y. Office, 819 C arnegie H all.
BALLSTON
SPA,
N. Y.
P opulation 1900 was 3,923; in 1890 was 3,527;
AND IN 1880 w a s 3,011.
BALLSTON T E R M IN A L
O
R R .—A trolley road.
r g a n i z a t i o n — Chartered
M arch 14,1896.
STOCK & B onds —
Date. Interest. Outstanding. M aturity .
Stock (par $100) $1,500,000.........................
$300,000
.................
1st mort., gold ($500 and 5 1896 5g. J-D
250,000 June 1, 1926
$1,000 each) $300,000o* ( In t. at A tla n tic Trust Co., N. Y ., trustee.
1st Gen. M., $1,200,010,) 1901 5g. J -J
135,000 July 1, 1931
$500-$1000, g o ld ____ o* S In t. at A tla n tic Trust Co.. N. Y ., Trustee,
Bonds.—O f the $1,200,000 n ew m ortgage, $250,000 are reserved to
retire the 1st m ortgage bonds o f lik e amount due June 1,1926; can
not be called before m atu rity.
R oad —la both a freig h t and a ipassenger road. Owns extensive
term inals at B allston Spa. Has 14 miles o f track, w ith a lin e from
the Spa to the villa g e o f M iddle G rove. T o he excended to A m ster
dam, JohDstown and G lo vers ville, w ith a short extension to Saratoga.
O f Fi ERs—President, Thos. F. B arrett, N e w Y ork ; Vice-Prest., F.
H. Beach, Ballston; Secretary am. Treasurer, J. M. Cronley, N ew
York. - V . 72, p. 1033 ; Y . 73, p. 31. 615; V. 74. p. 93, 266.
B A L T I M O R E , MD.
P opulation in 1900 was 508,957; in 1890 was 434,439;
AND IN 1880 WAS 332,313.
Street Railways o f B a ltim o re pay a P a r k Tax o f 9 per cent o f gross
ea rnings loith in old Oity L im its , and are req u ired to pave between
tracks and two feet on each side.
U N IT E D R A IL W A Y S &
OF B A L T IM O R E -—Trolley road.
E LE C T R IC
CO.
O r g a n iz a t io n —I ncorporated at A nnapolis M arch 4,1899, to consol
idate the B altim ore Consolidated R a ilw a y Co. and the B altim ore City
Passenger R ailw ay, whioh consolidation w as effected the same day.
Comprises a ll the passenger ra ilw a ys in Baltim ore C ity and B altim ore
County and lines extend into A nn e Arundel County and H ow ard
County. Through the consolidation of the tw o roads nam ed and
variou s p rior consolidations w ith those roads, em braces the follow in g:
Baltim ore C atonsville A Ellieotts Central R a ilw a y Company.
M ills Passenger RR.
G w ynn’ s Falls R a ilw a y o f B a lti
Baltim ore C ity Passenger Ry. Co,
m ore City.
B altim ore Consolidated Ry. Co.
M aryland Traction.
Baltim ore A Curtis B ay R y.
Pim lico & P ik esville R R.
Balt. Gardens v ille A Belair Elec. Ry. Shore Lin e E lectric Ry.
Baltim ore & N orthern Elec. R y. Co. W albrook G wynn-Oak&Powhatan,
A lso owns a ll the bonds o f the B altim ore M iddle R iv e r A Sparrows
P o in t R R . The la tter company is in default, and the U nited R ailw ays
4c Elec. Co., as ow ner o f the bonds, has begun foreclosure proceedings.
9
Tbe company also controls b y ownership o f stock the Y ork Road
Turnpike, the Charles S treet A ven u e Turnpike, the H arford Turn
pike and the Baltim ore & Jerusalem Turnpike.
Organized by a syndicate headed b y A lexan d er Brow n Sc Sons, see
Vol. 68, p. 230, and Vol. 68, p. 476.
The United E lectric L igh t A Power Oo., Of Baltim ore, com prising the
elec trio-lighting plants o f Baltim ore, acquired by the same syndicate,
is a separate concern, but In Novem ber, 1899, the U nited R y». dfc Elec
tric Co. Issued * 2,000,000 oom monstock in exchange for the $ ,000,000
common stock o f the L igh t A P ow er Co. In Juue. 1002. it was reported
that arrangem ents had been reached fo r the sale o f this stock to the
Susquehanna Pow er Company.
The Susquehanna E lectric P o w er Com pany is building a plant near
Peach Bottom , Pa., capable o f d ev elo p in g40,000horse-power, o f which
one-half has been contracted for by the United R ailw ays A E lectric Co.
STOCK & B o n d s —
Dale. Interest. Oulst’nd'g. D iv .o r Matxi’y
Common stock, $24,000,000,
par, $50....................................................
$15,000,000 ....................
Preferred,cum .,$14,000,000,)
,
on , (J u n e l9 0 2 ,2
par, $ 50............................. 5 —
4
£,eBe 4 p. *0.
Ino.M .,g.,$’ 4,000,000,cum.,1 1899 4 g .J .A D . 13,928,694
1949
ta x free, M aryland Tr. Co. > P ayable at option a fter Maroh 1,1949
c * ( $ l ,000)
l i n t , at A lex . Brown A rone, Baltim ore.
1st con. M „ g., $38,000,000 ) 1899 4g.M-S a.25,23 ,000 March 1, 1949
($1,000); Continental Tr. > In tere st a t A le x . Brow n A Sons,B altlCo., B altim ore, trustee.o* ) more.
UN D ERLYING SECURITIES.
Balt. Traction— 1st ($1,000)11889 5 M -N
1,500,000 N ov. 1,1929
M., Tr. M ercantile Tr. A > In terest at N ational Mechanics’ Banff,
D eposit Co. .................... o ) Baltim ore.
Do N. B. D iv .ls t ($ l,0 0 0 )5 s,) 1892 5 g. J -D
1,750,000 June 1, 1942
g.Trus.,M er.Tr.&Dep.Co.o 5 In t. at N ational Mechanlos’ Bk., Balt.
Do Conv’tihle g. bonds (n o t ! 1896 5 g, M -N J 566,000 M ay 1,1 906
M.) $800,00 red. aft. M ay > Trustee, M ercantile Trust & Deposit Co.,
1,1901, at par ($1,000)..c* } Baltim ore. In t. Nat. Mech Bk., Balt.
Oity cfi Suburban Ry. bonds— 1 1892 5 g. J - D 3,000,000 June 1, 1922
1st m ortgage, g., ($1,000) > In t. at A lex . Brow n & Sons, Baltim ore.
Safe D eposit A Trust Co., Balt., Trustee.
BaU.Oaionsv.dSEllicotl’sM ills') 1896 5 J - J
500,000 July 1, 1916
1st M., $500,000 prin. g . .. > Trustee,S afe D. A Tr. Co., Balt. In t. at
) N ational M echanics’ Bk., Balt.
Lake R ola n d Elevated— 1st > 1892 5 g. M-S 1,000,000 8ept. 1, 1942
M., gold ($1,000)...... c*&r s In t ’st at A le x . Brow n & Sons, Baltim ore,
B altim ore T ru st A G uaranty Co., Trustee.
Balt. City Pass.—1st mort., > 1891 5g. M -N 2,000,000 N ov. 2, 1911
$1,000, g o ld ............ .
c* S In terest at Nat. M echanics’ B’k, B alt.
Safe D eposit & Trust Co., o f Balt., Trustee.
B altim ore City Pass. —
Certs, o f indebt., $500,- > 1897 A ^ g . M -N 500,000 N ov. 2, 1911
000, g. ($500 a $1,000) j In terest at N at. M echanics’ B ’k, Balt.
Central R y .—1st M., $«00,-> 1882 6 J J
32,000 July 1,1912
000, sink, fd., currency... ( Subj. to call at 100 in certain am’ts y ’rly.
Trustee B altim ore Safe Dep. A T rust Co. In t. at Nat. Meoh. B ff, Balt.
1892 5g. M -N
6F8.000 M ay 1,1932
Consol, m ort., $700,000,
Int. at N ational Mechanics’ Bk., Balt.
go ld ($1,000)................. M ercantile Tr. & Dep.Co. o f Balt..Trustee.
E xt. and Im p. 1st m o rt.,) 1897 5g. M-8
600,000 Mar. 1, 1932
$600,000, g., ($1,000).. >Trustee is Balt. Tr. A Guar. Co., Balt.
) In t. at N ation al M echanics’ Bk., Balt.
B alt.M id. Riv.it: Spar. P I.—
l e t M tg., $300,000, g o l d ) 1895
5 g. J-J 6300,000 Ju ly 1, 1925
($1,000)........................ c* S
Trustee, M aryland Trust Co.
Balt. <6 North. Elec.—1st M .,) 1897
5g.
(§1,250,000 N ov. 1, 1947
$1,250,000, gold ($1,000) >M aryland Trust, Baltim ore, trustee.
_____
) Int. at N a tio n a l M echanlos’ Bk., Balt,
§§ O f these on ly $10,000 are still outstanding; o f tin- rem ainder
$1,111,000 h ave been canceled,having been exchanged fo r the United
R ailw ays A E lectric Co.’ s 4 per cent bonds, while $129,000 are held in
the treasury o f the la tte r to be exchanged at pleasure.
t O f this issue, $31,000 are held in the treasury o f the com pany to
be exchanged at pleasure.
a This shows amounts authorized, less amounts reserved fo r under
ly in g bonds, acquisitions, im provem ents, eto.
b In treasury o f C ity Passenger R y., and m ortgage w ill probably be
foreclosed and bonds canceled.
S e c u r i t i e s — Of tbe $38,000,000 o f 1st consolidated bonds, $25,231,000 h ave been issued, $12,255,000 h ave been set aside fo r tbe retire
m ent o f underlying securities, and $514,000 reserved fo r better
ments, im provem ents, extensions and expenses o f consolidation. In
March, 1899, $18,000,000 o f this issue w as offered fo r sale by B row n
Bros, o f N ew Y o rk , Philadelphia and Boston, A le x . Brow n A Sons,
and M ercantile Trust A D eposit Co. o f Baltim ore. In A p ril, 1900,
A lex a n d er B row n A Sons took a fu rth er block o f $3,000,000 o f the
bonds, and in M arch, 1901, the M ercantile Trust A D eposit Co. con
tracted to take $2,838,000 more, p a rt o f which was used to retire the
$1,250,000 B altim ore Traction 6 per cent E x t. A Im p. bonds which
m atured Sept. 1,1901.
The p ref. stock reported above as outstanding is all that remains o f
the origin al issue o f $14,000,000, the rest h avin g been converted into
incom e bonds.
On Feb. 28, 1900, the 50-year 1st eon. m ort. and also the ineom e
bonds w ere listed on the Phila. Stook Exchange; the stock, the consols
and the incom e bonds are all listed on the Baltim ore Exchange.
D iv id e n d s .—Dividends o f ^ o f 1 per cent w ere paid m June 1899,
and 2*3 p. e. in Deo., 1899, and 2 p. c. each on June 1 and Dees 1,1900,
June and Deo., 1901, and June, 1902, on both the ineom e bonds and
the p re f .stock, the paym ent on the stock (but n ot on the bonds) being
subject to a deduction o f one qu arter o f one per cent fo r taxes.
ROAD—M iles o f track, 353; cars, 1,563; gauge, 5 ft. 4% in.
E a r n in g s —F or the years ending Deo. 31 the company earned—
1901.
1900.
Gross earnings..................................................... $4,718,295 $4,431,743
O perating expenses........................................... 2,193,175
2,059,559
N e t earnings........................................................ $2,525,120 $2,372,184
F ix ed charges, taxes and divs. on pref. stock.. 2,±93,001
2,327,980
Surplus fo r y e a r ............................................
$32,119
$44,204
OFFICERS—Presiden t, John M, H o o d ; V ice-President, G eorge R .
W ebb; 2d V.-P. and Gen. M anager, W illia m A. House; Secretary and
Treasurer, H. C. H cJ ilton ; A u ditor, N. E. Stubbs.—V. 70, p. 481, 793
STREET RAILWAYS
10
X43. * 9 3 . 105U; V 72, p. 34U, 181, I 2 » l ,
1265; V 74, i> 438, 529, 1309.
V. 73, p. 362, 780, 901.
( 1 ) U N ITE D E LE C TR IC L IG H T A PO W ER (o f Baltim ore) —
O r g a n is a t io n - Consol!dation lu A pril, 1899, o f the Edison Ele-etdo
lilum m atiug Ou, with the Drum Electric.
Also owns all the bonus
and all tile steck of tiie Northern Electric Co., thus embracing
practically all he electric light companies *loin< business in Baltimore.
13 controlled by the United Railways A Electric Co, o f Baltimore,
which owns ali the lig h t A Pow er Co.’s common stock o f $2,000,uoo,
but in June, 19o2, was reported to be negotiating for the sale o f the
same to the Susquehanna P o w er Co.
STOCK & Bonos —
Date. Interest.
Outstanding. Dividends,itc.
Com. stock, $2,000,000. ............... ..
$2,000,000 ...... ........... .
^OOO^Oofpar1^
1.’.'? —
5 oalu'
*700,000 May,’02,2
B B ro s lfco 011
and \ *” * Pt’>or liens.
265,500 1910 to 1924
1st consol, mtg. g. $4,-)
500,000 o* ($1,000) 11899 B j g . M. A ST. 3,263.000 M ay 1, 1929
Int. at A lex Brown ; Trustee, Maryland Trust Co,, Baltimore.
A Sons, Baltim ore.. J
* This Includes $17,487 of outstanding scrip.
Of the new mortgage for $4,500,000, $265,500 are reserved to take up
underlying liens, and $971,500 remain fo r future requirements.
Messrs A lex. Brown A Sons offered some of the bonds for sale in
Novem ber 1899, and also some of the preferred stock.
E a r n in g s — For year ending Doc. 31, 190), gross was $712,829; net
$115,851; dividends on preferred, $40,85?; surplus, $74,999—V. 69
p. 95b, 1104, 124b.
O fficers —Pipe*. ahU Gen. Mgr., 1. O, Beai; 'treas., P. H. dn.aih
Supt., Geo. W Mi.- nit-ld , Clerk and Legal Adviser, E, O. Ryder, Ban
gor, Mo.— V. 70, p. 740; V. 74, ft. 327, 478.
BARRE,
VT.
POPULATION 1900 was 8,448; IN 1890 Was 4,146;
a s D IS 1880 Was 1,025.
B A R R E & M O N T P E L IE R
P O W E R C O —4 trolley road.
T R A C T IO N
<*
STOCK & B onos —
Dale, interest, Outstand g. M aturity.
Stock, $135,000, par *25............................... $120,000 ....................
le t M., gold, $100,000 $500) 1807 5 g.M -N
100,00c Nov, 1, 1917
each), not subj, to ca lL .e* (In t. at Am. Loan A Tr. Co., Boston. Truat.
E arn in g s —F iscal year ending Oct, 1, 1901; Gross, $31,782; net,
$11,216.
,
R oad — Barre to Montpelier, Vt., 9 ^ miles, opened about June, 1898.
President, F. C. Kennedy, Burlington, Vt.; Sec., H. K. Bush, Barre, Vfc
B A Y C ITY, MICH,
P opulation 1000, 27.628; in 1890 was 27,839,
and in 1880 was 20,693.
B A Y CITIES CONSOLIDATED R A I L W A Y —
A trolley road. Combined population of territory supplied in 1901
(estimated) about 65,000.
No coupon on the $381,000 1st consoL has been paid since that for
( 2 ) B A L T IM O R E A L A U R E L E L E C T R IC RY.
Sept. 1, 1895. The bondholders’ committee, o f which Geo. E. Shaw,
O r g a n iz a t io n . Stock all owned by U rited Railw ays A E ectrio Co.
Incorporated in 1901. with an authorized capital stock o f $2 0,000 to Phila., is Chairman, represents about 80 p. c. of the outstanding issue.
build a line from Baltimore to Laurel, a distance of about 18 miles.
R e c e iv e r s h ip .— (n July, 1899, the property was placed in the hands
A t Laurel connection will be with the Berw yn A Laurel Electric Co., of M. P. H eraty of Philadelphia and J. C. deadlock of Bay City, as re
which contemplates a line between Laurel aud Berwyn, the latter a
ceivers.—Y . 69, p. 128. Court has authorized the issue of $295 0<)0
suburb o f Washington.
receivers’ certificates; the B ay City 1st m ortgage for $119,000 was
taken up in June, 1900, with receiver's certificates.
TOCK & Bonds —
Miles. Date. Interest. Oatstand’g.
M aturity.
P opulation in 1900 was 21,850; in 1890 was 19,103;
took (par $100)...................... ...... ................ $950,000
....................
and IN 1880 was 16,856.
Bay Cities consol. 1 s t) ....... 1893 6 g M-S
381,000
M a r.l, 1918
B A N G O R H A M P D E N & W IN T E R P O R T
oon.M.$500,000,g.o. (Trustee, Phila. Securities Co., Phila.
R A I L W A Y —Trolleyroad.
New mort., $50,000.............. 1896 6 M-S
$50,000
1906
Trustee, Phila. Securities Co., Philadelphia.
In Sept., 1901, control of this property was acquired by the stock
R oad —Owns 30 miles of track (length of line 17 miles).
holders of the Public W orks Company.
OFFICERS—President. Michael P. Heraty, Phila., Pm; Gen. Manager,
O rganization —Incorporated in 1897 to build a road from the south
E. S. Himmook; Supt., W illiam Luxton.—V. 68, p. 473; V. 69, p. 128.
line o f Bangor through Hampden to Wlnterport.
B A N G O R , ME.
STOCK & B onos —
Date. Interest. Outstanding.
M aturity.
Stock, $500,0 " 0 .........
.. ..
$60,000
........
1st mtge., $300,000 ) 1897
5 M-S 15
40,000
Sept. 15, 1917
($1,000).............. .5 In t at Old Colony Trust Co., Boston, Trust->et
Entire projected line, 54 miles; of this Bangor to Hampden, 6T3
miles, operated since 1898. A summer park has since been added.
Hampden to W lnterport and Frankfort, about 10 miles, is expected
to be built in the near future.
Earnings year ending June 30, 1901,
gross, $24,703; net, $3,835; in 1900, gross, $26,817; net, $3,830.
President and Gen. Mgr., H. L. Mitchell; Treas., C. D. Stanford.
P U B L IC W O R K S C O M P A N Y O rganization —Owns and operates Bangor Street R ailw ay, an elec-
f
B E A T R IC E , NEB.
P opulation 1900 was 7,875;
and
in 1890 was 13,836;
rN 1880 WAS 2,447.
B E A T R IC E E L E C T R IC C O M P A N Y O r g a n iz a t io n —I ncorporated in Novem ber, 1895, w ith authorized
capital stock $100,000, to acquire the property o f the Rapid Transit A
Pow er Co., 74j miles o f track, foreclosed July 26, 1895 (V. 61, p. 195),
the Beatrioe Electrio Ligh t Co. and also water-power facilities.
Funded debt $60,000 o f 6 per cent bonds due in 1915. Operates 7
of trolley.—V. 61, p. 195; V. 69, p. 78.
In July, 1899, Eugene J. Sullivan was appointed receiver, but in
1901 he was discharged and ol l officers reinstated.
OFFICERS—President, D. W. Merro w; Secretary, E, J. Sullivan; Treas
urer, Paul W. Horbach.
trio road; also controls the Bangor Electric Ligh t & Pow er, Penobscot
W ater A Pow er and Brew er W ater companies. In 1901 the stockhold
ers of this company secured control o f the Bangor Orono & Old Town
R y. and the Bangor Hampden A W interport Ry. General Electric Co.
Jan. 31, 1902, owned $146,300 Public Works Co. stock and $184,500
P opulation 1900 was 10,054; in 1890 was 9,735;
bonds.
and in 1880 was 5,104.
STOCK & BONDS—
Interest. A uthor’ d Outstand’g. M aturity.
B E A V E R V A L L E Y T R A C T I O N —A tro lley road.
Stock, $100....................................... $600,000 $600,000 .................
1st, gold, 1899 c* $500, \ 5 g. A - 0
600,000
600,000 Apr. 1,1929
ORGANIZATION—Incorporated in perpetuity June 2 9 , 1891, and owns
$1,000........................s Int. at Old Colony Tr. Co., Boston, Trustee.
entire capital stock o f Beaver Valley St. Pass. By. Co. and o f Central
R oad —Owns road in Bangor to Brewer, etc., 9-8 miles of track.
Elect. St. By. Co., purchased Aug. 8,1891, operating them as one road
A n n u a l R eport —For years ending June 30 earnings o f Bangor under 999-year lease. Charter and franchise perpetual.
Street R ailw ay have been :
In 1900 stock was Increased from $300,000 to $1,000,000, and them
T r. end. June 30. 1901.
1900. !
1901.
1900. purchase a the stock and property of the People’s E lectric Street Ry.
Gross earnings..$67,155
$65,171 |Surplus........... $4,866
$3,782
N et earnings.---- 15,824
14,623 I Tot. def. Sept. 30
695
5,561 of Rochester, the College & Grand V iew Electrio Street Ry., the
Interest, ete...... 10,958 10,841 |
Rochester & Monaca Electrio St. Ry. and the B eaver & Van port Elec
O fficers—President, C. F. Woodard, Bangor, Me.; Treas. and Gen. tric Ry. In Jan., 1902, authority was given to increase stock from
Man., J. H. Cutler.— V. 61, p. 795.
$1,000,000 to $1,500,000. Population served about 50,000.
B E A V E R FALLS, PA.
BANGOR
ORONO
& OLD
TOW N R A IL
W A Y —A trolley road.
This property has been acquired by the stockholders o f the Publio
Works Company, but nothing yet done in the w ay o f consolidation.
O rganization —Began operations July, 1895. Cars run over Bangor
8treet R ailw ay to State Street, thence over own line through the v il
lages o fV e a z ie a n d Orono past the State College to Old Town, 1443
•m iles, 2 miles in Bangor; total, 16-2 miles of road and 18’7 m. of track.
STOCK & Bonds —
Dale.
Interest.
Outstanding. M aturity.
Stock $125,u00(par $100) —
See text.
$125,000
See text.
Is tM ., $125,000, g o ld .... 1895
6 g. M&S
125,000 Mar. 1. 1915
Bills payable June 30,’01.
...........
20,000
..............
B o n d s -A re subject to call after March 1,1905, at 105.
DIVIDENDS—From A p ril 20, 1896, to June 30, 1898,1 p. c. m onthly;
in 1897-98, 8 p. c.; in 1898-99 and 1899-1900, none.
Earnings —Y e a r ending June 30,1901, gross, $53,656; net $15,583;
nterest and taxes, $9,s 30; surplus, $5,653.
OFFICERS—President, Treasurer & Gen. Manager, James H . Cutler.
PENOBSCOT C E N T R A L
R Y . - T r o l l e y road.
O rganization —Organized in 1897. Franchises perpetu al; carries
freigh t as w ell as passengers.
STOCK & B 0'D S—
Date. Interest. •< utetanding. M aturity.
Stock, $250,000 ($100)..........
...........
$250,0(0
.........
1st mortgage, $250,000)1901 5 g..J -D
250,000
Dec. 2, 1921
gold($oOOA$i,COO).c*5 Int. at State Street Trust Co.,Boston, Trus_
Bond*—Sinking fund, commencing Dec. 1,1903. w ill redeem $115,000 of the bonds before maturity. 'Bonds to be bought in open market
at not more than 110 and interest.
R oad—Projected from B an gor.to Charleston and Kenduskeag to
Garland, 40 miles, of which Bangor to Corinth (21 miles) opened for
business M ay 1, 1901, and to Charleston (5 miles more) in A pril. 1902.
^Derates 5 motors, 2 open passenger, 2 trail, 10 flat ancl 10 box cars.
STOCK & B onds —
Date. Interest. Outstanding.
M aturity.
St’k ($1,500,000) par $50. ........................
$1,000,000 ..................
1st mortgage, $150,000,1 1891 6 g . J - J
150,000
July 1,1911
go ld .............................o ( In t. at Union Trust Co., trustee, Pittsb’g, Pa,
2d m ortgage,gold,($500), < 1895 6 g. A -O
100,000
Oct. 1,1915
$100,000.................. o* l i n t . at union Trust Co., trustee, Pittsburg.
1900
5g.
A&O
675,000
Oct. 1, 1950
N ew 1st Con. Mort. gold, $ ,
Int. at Pa. Co. for Ins. on L ives & Grant, v.
$1,000,000 ($1,000)..o *5 J
(A n n u ities, Phila., Trustee.
Bonds—O t the $1,000,000 new eonsols, $325,000 are reserved to
retire underlying bonds. Messrs. Graham, K err & Co, of Philadelphia
placed the new bonds. Bonds are redeemable at n o and accrued interest
ROAD—Gwns and operates 25 miles of track, laid w ith 90-lb. rails.
Owns 40 cars, with snow scraper and snow-sweeper.
Earnings —F or year ending June 30, 1901, gross, $133,050; net,
$55,000; charges, $53,000; surplus, $2,000. Road was in process o f
reconstruction until Sept. 1,1901, and therefore not in condition to
show its fu ll earning capacity.
O fficers—President, J. M. Buchanan, Beaver, Pa.; Tree surer. Wat
er T. Bilyew, Philadelphia. Y. 70, p. 1148; V. 71, p. 913; Y . 7 4, p. 204.
BENNING TON, VT.
P o pu latio n 1900 was 5,656; in 1890 was 3,971.
B E N N I N G T O N & W O O D F O R D E L E C T R IC
R A lL Y V A Y . —N ot now in operation. See Supplement Nov. 1900.
B I D D E F O R D , ME.
P opulation 1900 was 16,145; in 1890 was 14,443:
' V - and in 1880 was 12,651.
BIDDEFORD
&
SACO
R R . —A n electric
road,
, O rganization —Incorporated Feb. 19, 1887. Owns and operates.8
miles of road between Saco, Biddeford and Old Orchard Beach.
STREET RAILWAYS
11
B L O O M I N G T O N , ILL.
S to c k & Bonds—
Date. I n i ’it. O ut»land’g. M aturity, i
Stock (par $50) ($100,000 auth.)............................. $50,000 ..............
1st m ortgage r300,000 ($ 1 ,0 0 0 )) 1900 4 g. J - D 150,000 J ’n e l, ’40
P o p u l a t io n 1900 was 23,286; in 1890 was 20,484
gold o*.
No s. f. but can b e /■In terest at Portland Tru st Co.,
and in 1880 was 17.180.
called in 1920............................. ) Portland, Me., trustee.
B
L
O
O
M
IN
G
T
ON & NO R M AL R A IL W A Y
Trs. end. June 30. Gross.
Net.
Interest, etc.
Balance.
1900 l a O l ................$42,799
$12,786
$6,701
sur.$6,085 E L E C T R IC & H E A T I N G C O - A trolley road. Popu
1899-1900.............. 31,572
10,769
7,175
sur.3,594 lation served, 30,000.
1898-1899.............. 30,656
14,275
7,047
sur.7,228
O r g a n iza tio n —Incorporated in 1902 as a consolidation o f the Bloom
OFFICERS—President, C. H. Prescott, Blddeford; S ecretary and
ington Electric Light Co and the Bloom ington & N orm al R>. Com
Treasurer, E. F. Lord.—V. 70, p. 1048; V. 73, p. 494.
prises all the street ra ilw a y lines in and between Bloom ington and
Norm al. A lso does com m ercial ligh tin g in Bloom ington and owns a
Garyau hot w ater heating system . Franchisee perpetual.
P opulation 1900 was 39,647; in 1890 was 35,005;
STOCK & B onds —
Date. Interest. Oatst'd’g.
M aturity.
and in 1880 was 17,317.
Stock, $6 10,000.............................................
$609,000 ....................
F irst m ortgage $60 0,000)1902 5g. J-D
500,000 June 1,1927
Aggregate P o jn ila lio n Directly Served. $60,000.
($1,000) gold............... c* s 111. Tr. & Sav. Bk., Chicago, Trustee.
B I N G H A M T O N R A I L W A Y C O - A tro lle y road,
Bonus—$100,000 bonds are reserved fo r extensions and Im prove
O r g an izatio n —This Is a consolidation, under date o f Deo. 6,1901,
ments. Bonds are subject to call at 110 and interest. Sinking fund,
♦ f tlie Bingham ton R a ilroa d Co. (chartered Aug. 11, 1892, as a con
$10,000 annually, beginning w ith 1908.
solidation o f all the street railw ays in the city) and the Binghamton
EARNINGS—F o r year ending A p ril 30, 1902, gross, $152,792; net,
Lester.di ire & Union RR.
$63,455.
Interest. Outstanding.
M a tu rity .
S t o c k & B on d s —
Date.
Stock. $1,150,000, par $100 ......................................... $700,000 Jan.y/,’0 2 ,2%R oad —13 miles of trolley track.
Bingham ton Street RR. > 1890
6 A- O
200,000 A pr. 1, 1910
OFFICERS—President, A. E. D eM ange; Vice-President, John E d d y;
1st mort. $200,000....... S
A tlan tio T rust Co., Trustee.
Sec. and Treas., .1. F. Evans, all o f Bloom ington, 111.—V . 66, p. 1088,
Bingham ton RR. Co. M.,
50,000
1908-1917
1187; V. 67, p. 318.
$900,000, g. $ l,0 0 0 ..o*
($5,000 due yearly Mar. 1.)
(See text) In terest at A t •1893 5 g J - J
50,000
1918-1922
lantic Trust Co., N. Y.,
($10,000 due yea rly Mar. 1)
Trustee.
L $589,000 due Mcli. 1, ’ 23
P opulation 1900 ivas 560,892; in 1890 was 448,477;
Bing. Lest. & Un. 1st M. ) 1895
5 g J -D
$160,000 June 1,1925
and in 1880 WrAR 362,839.
($25<),000) gold, prin- > In terest at A tla n tic Trust, N e w York.
olpal and int. guar. ... . )
Binghamton T ru st Co., trustee.
BOSTON
E
L
E
V A TE D R A IL W A Y .—
B ing.R y.lstC onsol. Mort. 1901
5 g M-N
$206,000 N o t . 1, 1931
O r g a n iz a tio n —Charter, granted in 1897, provides fo r an ex ten sive
($2,500,000) gold, ($1,- In terest at F id elity Trust Co., Buffalo, Trus.
000; ..........................o* tee, or Seaboard N ational Bank, N e ^ York. system o f free transfers. The com pany also, in addition to regular
Bonds - O f the bonds o f rSgg, $100,000 m ature In instalm ents as in street ra ilw a y taxes, has to pay on all lines owned, leased or operated
dicated in the table, and the rem aining $800,000 m ature Mar. 1, 1923. b y it 7g o f 1 per cent o f gross incom e and a sum equal to the excess o f
O f the $900,000 authorized $200,000 are reserved to re tire the 6s o f the dividends o ver 6 per cent. It s charter, how ever, is understood to
1910 at m aturity.
“ grant it exem ption from reduction o f lares, and also other imm uni
O f the new bonds o f the Binghamton R y. Co. $1,150,000 oan only he ties.” — (See Massachusetts RR. Commission, V. 65, p. 1223.) Cars are
Issued against the retirem en t o f corresponding amounts o f p rior lien run w ith electricity b y the “ third ra il” system. V. 67, p. 318. S ix
bonds, $150,000 w ere issuable im m ediately, $200,000 oan be issued miles o f elevated road opened in June, 1901, and in Au g., 1901, put in
upon certain speoifled conditions and the rem aining $1,000,000 operation the A tla n tic A v e . L oop Division.
Lease o f West E n d .—The W est End Street Ry. is leased until June
only upon the w ritten request o f 51 per cent o f the stock and consent
o f State R R . Commission. The bonds are subject to call a fter N o v. 1, 10,1922, at 7 per cent per annum on its common and 8 per cent on
1911, at 110 and interest.
the preferred stock, in addition to all interest, rentals, eto. Posses
Dividends—A stock dividend o f 20% was paid Sept. 20, 1893, on sion o f W est End w as taken Jan. 1,1898. See lease in V. 65, p. 1223.
S t o c k —Capital stock Is $10,000,000 (shares $100), all paid in, the
Bingham ton R a ilro a d sto c k ; also 2% in cash Aug. 15,1900. On B in g
last instalm ent h avin g been paid A p ril, 1900. F irst dividend, 2 ’- i p er
ham ton Railw ay first dividend o f 2% in oash Jan. 31,1902.
cent, was, paid Aug. 15, 1898.—V. 67, p. 221. In 1899, 5H p. c.; in
R oad operates 43 m iles o f track, including the Bingham ton Lester- 19< 0, 4*s p. o.; in 1901, 5% p. o.; in 1902, Feb. 15, 3 p. e.
Th e company has no direct bonded debt.
shire & U nion Railroad, 7 m iles long, opened in 1896. Connects Bing
ANNUAL R e p o r t —R ep ort o f Boston E lev a ted Ry. fo r year ending
hamton w ith Lestershire, H ooper, Endlcott, U nion and P o rt Dickinson.
Sept- 30,1901, V. 74, p. 91. F o r 1900, V .7 1 , p. 1165. F o r 1899,V . 69,
Num erous extensions are proposed.
p. 1146; V. 70, p. 228.
1900-1901. 1899-1900.
1898-1899.
L a t e s t E a r n in g s — ? 1901-02............ Gross, $124,497; net, $51,536
8 raos. to M ay 31. 51900-01............ Gross, 114,574; net, 47,664 Passengers carried.................... 213,703,983 201,124,710 191,023,224
38,171,984 34,594,224
A n n u a l R e p o r t —F igures fo r years ending September 30 o f the Car miles run............................. 43,824,879
Gross earn in gs...........................$10,792,994 $10,141,209 $9,671,440
Bingham ton R a ilro a d w e r e :
N e t earnings.............................
3,456,395
3,313,099
2,844,290
T ea rsen d in g —
Gross.
Net.
Int.,taxes, etc. B a l.,s u r.
In terest on deposits..................
76.503
95,785
84,696
1900-01 ...................$198,156
$90,490
$60,071
$30,419
T o ta l n e t............................ $3,532,898
$3,408,884
$2,928,986
1899-00..................
178,945
79,994
56,003
23,991
1898-99..................
165,154
66,176
54,692
11,484
Interest on W est End d eb t___
$575,551
$498,569
$495,725
O ffic e r s —P resident, G. T. R o gers; Vice-President, Geo. E. Green; Taxes, W est E n d ......................
513,207
504,748
500,575
Beoretary, J. M. Johnson; Treasurer, H. C. H ardie; G eneral M anager Taxes, Boston E lev a ted .........
287,421
232,510
172,795
and Purchasing A gen t, J. P. E. Clark, Office, Bingham ton, N. Y .—(V. Compensation t a x ....................
94,439
88,736
84,625
61, p. 1 5 1 ; V . 62, p. 360; V .6 3 ,p . 8 7 8 ; V. 73, p. 1263, 1312).
Rental o f subw ay....................
148,611
211,146
204,538
Dividends on West E n d stock.
1,147,950
1,147,950
1,147,950
Other rentals............................
9,180
9,180
9,180
D epreciation fu n d ...................
120,000
240,000
..............
Balance...............................
$636,539
$476,045
$313,598
P opulation 1900 was 38,415; in 1890 was 26,178; and in 1880
D ivid en d ..............................(5% % )575,000(41*% )337,500(514%)262,500
w a s 3,086.
Surplus fo r y e a r.................
$61,539
138,545
$51,098
B IR M IN G H A M RY. L IG H T & P O W E R OFFICERS—President, W illia m A . B ancroft; Vice-President, Charles
O rGa n iz a t i ON—Consolidation on June 13,1901, o f the Birmingham
S. Sergeant; Treasurer, W illia m H ooper; Secretary, John T. Burnett;
R y. L ig h t & P o w er Co. (which w as a consolidation in Oct., 1900, o f the Auditor, H . L. Wilson. Annual m eeting is held the first M onday o f
Birm ingham R y. & Elec., the Birm ingham P o w d e rly & Bessemer R y. January.—V. 70, p. 2 2 8 , 685; V. 71, p. 83, 235, 137. 1 1 6 5 ; V. 72, p.
and the B irm ingham Traction) the Consolidated Eleo. L ig h t Co. and 335.1134, 1186, 1236; V. 7 3 ,p. 235, 390, 615,956,1207,1356; V .7 4 ,
p. 9 1 .
the Birm ingham Gas Co. Comprises all the street ra ilw a ys o f B irm ing
C om p an ies C o n tro lle d by B o sto n E le v a t e d R y . Co,
ham and vicin ity. Franchises perpetual. G eneral E lectric Co. Jan.
( 1 ) W E ST E N D S T R E E T R A I L W A Y —A tr o lle y road.
31,1902, owned $139,900 common stock and $114,000 o f bonds.
ORGANIZATION—Leased to Boston E levated R R . u ntil June 10,1922,
STOCK db B o n d s —
Date. Interest. Outstanding. M a tu rity .
Com. s’k, $100, $3,500,00"
----------at 7 per cen t on common and 8 per cent on preferred in addition to the
P re f. stock ($100) 6 p. c.
J.-J.
1,500,000 J u ly ,’02,3% paym ent o f rentals, interest and oth er charges. E leva ted assumed
$1,500,000 cu m )........ l ........
(
1901
5g.
J.-J.
3,750,000 Ju ly 1, 1951 possession Jan. 1,1898. See term s in V. 65, p. 570.
B irm ig’ham R y .L t.& P.
In December, 1896, leased the righ t to use the subway at 47g per cent
1st con. M., $6,000,- J In t. at Old Colony Trust Co., Bostou,
000 ($1,000) g o ld ...o * | Trustee, or at Com. Nat. Bank, N e w Orleans, o f the n et oost o f subway, stated approxim ately as $5,786,000 in
l. or at Ladenburg, Thalm ann & Co., N. Y .
1894 5g. J - J
1,250,000 Ju ly 2,1924 September, 1898, when the third and last section was opened. E n tire
B’ ham R y. & El. 1st M. S'
length is 1% miles, w ith a trackage o f about 5 miles. S e e V . 63, p.
g., $1,250,000, $1,000. } In terest a t C entral Trust Co., N e w Y ork .
. Trustee is Birm ingham Trust & Savings Co.
1065, 1117; V . 67, p. 528.
B o n d s - O f the m ortgage o f 1901, $1,250,000 is reserved to take up
Company in Dec-., 1901,issued $1,800,000 o f 4 p. o. bonds to the Bos
the $1,250,000 Birm ingham R a ilw a y & E lectrio issue and $1,000,000
ton Elevated to reimburse the la tte r fo r construction advances. V .
fo r extensions and im provem ents to 75 p. c, o f cost. E n tire issue o f
73, p. 956,1356; also in M ay, 1902 (V. 74, p. 1091), issued $330,000
n ew bonds m ay he oalled after 5 years at 110 and accrued interest
sim ilar bonds to take up maturing p rior bonds.
Ladenburg, Thalm ann & Go. o f New- Y o rk offered a block fo r sale in
Outstand’g L a s id iv ., <£c.
S t o c k a n d Bo n d s —
Date.
Interest.
February, 1902;
Common stock ($ 5 0 )................. 7
A .-O .
$9,085,000 A p r .,’ 02, 33*
6,400,000 July, ’02, 4%
J .-J .
Dividends—F irst dividend on the preferred stock of 3 per cent was Preferred stock (par $50)......... 8
3.000. 000 N ov. 1,1902
Gold bonds o f 1892........... 1892 5 g. M.-N,
paid in Jan., 1902; also July, 1902, 3 p. o.
Gold bonds o f 1894...........1894 4Asg.M
''
2.000. 000 Meh. 1,1914
.-S.
E a r n in g s .—F or calendar years:
1901.
1900.
Gold bonds o f 1896,
) , aoc
815,000 M ay 1, 1916
4
g.
M.-N.
Gross e a r n in g s ................................................ $931,539
$793,014
$2,275,000, not m o rt.. ) la y b
Operating expen ses....................................
488,208
451,059 Gold bonds o f 1897,
) aQT
2.700.000
Feb. 1^1917
4 g. F .-A .
$2,700,000 not m ort.o ) sy/
N e t earnings .....................................
$443,333 $341,955 Cur. bonds, o., $1,000, i 1900 4
4.239.000 Aug. 1.1915
F .-A .
In terest at Old Colony Trust Co., Boston.
n ot m o r t g a g e ........... }
R o a d — On June 1,1902, owned and operated 98*5 m iles o f track
500.000 Dee. 15,1903
5 J .-D .
In c ity o f Birm ingham , and extending also to Bessemer, P r a tt City M etropolitan R R . (p la in ).. 1883
200.000 Ju ly 1, 1904
Middlesex R R . (p la in )...... 1884
5 J .- J .
and E nsley; variou s extensions in progress.
500.000 Jan. 1,1907
Boston Consol. St. p la in ...1887
5 J .-J .
200.000 M ay 1,1905
5 M .-N,
O f f ic e r s —P resident, R obert Jemison, Birmingham; V.-Yrest., Wm. South Boston, pla in ........... 1883
390.000 Apr. 1,1903
5 A .-O .
A . W alker; See. and Treas., J. P . Ross; 2d V.-P. and Man., G eorge H . Cam bridge 1 s t M *............. .1883
150.000 A p r. 1 ,1 904
D avis.—V. 69, p. 333, 590; V . 70, p. 229; Y . 71 ,p. 863, 1166, 1218, Charles R iv e r 1st M ........... 1884
5 A .-O .
1310; V. 72, p. 44,1236; V. 73, p. 137, 235, 615, 1356; V. 74, p. 426.
* Cam bridge bonds are redeem able $30,000 y e a rly at 105.
BIN G H A M TO N ,
N. Y.
BO STO N, MASS.
B IR M IN G H A M , A L A .
12
STREET RAILWAYS.
Xut&Pzdl tai
Mi Mootuij by tu^ A.iit«r>rle&ii Loan & Trust Ou
eu 'c p[ on l 'ikU-hbriU#© 5a
abio at Now Lug laud Trust Company*
R O A O ^^pL 30, 1901.
Miles* |
Mile*
Mai u lino, 1ot wf*fc (ti H> m,*4L " ) 1y 7 ^ j O wU6d, ................... - - • - - - . -d?3
do
-Id tr'k-ibS
104hi 1
(5te(l.&%BLMC 11} 35
Bidings, Ac, (2 Hi m.
TO |
r-~—~
— —- Total (15 h rii. 4*LWtTaok) ,..,,.4 0 8
Total (15 ** m. “ 1.” ) . ... .. 408 I Electrically equipped-------- 3a6
Wi-u-lit tit girder rail la 70 to 100 lbs. Oat 1, 0,410, horses, 285; eleotrio motors, 4,487; enow plows, 287; suov. slmls, 551; miscellaneous
vehicles, 643.
OFFICERS President; Joseph B. Russell.
I n d e x - V . 05. p. 1 0 3 1 . 1026, 1073.1223; V. 06, p. 38. 80; V. 67. p.
905; V 7 1, p. 437, 493, 1121, 11 05; V. 73, p, 936, 1336; V .74,p. 1091.
( 5 ) W i L L K S L K V A BOSTON ST. K V .—Trolley.
Capital stock authorized, $115,000 (par $100;; issued, $115,000.
Oct i, 1901, sinking fund and othel special fundi $7,500; no bonds.
Owns and operates 8 12 initi o of track.
E arning s - Year ending “ opt. 30, 1901, gross, $60,8(9; net, $13,435;
charges, $4,057; dividends 18%). $9,200; surplus, $178.
lH attends—in 1898, 7 ;• e.; in 1699, 6 p. c,; in 1900, 8 p, e,; In 1901,
8 p. o ; in 1902, Jan., 2 p. c ; Apr., *2 p. 0.
MASSACHUSETTS
NIES.—1
See Map s Pages I d
E L E C T R IC
COMPA
Electric light and Street
and I S . )
railways.
O r g a n iz a t io n —F ormed in May, 1899. Is not an incorporated
(3 )
S O M E R V ILLE HORSE R it - O w u s 8-04 uilles of track. Leased company, but a voluntary association managed by a board o f fifteen
to W est End Street Railw ay lo r $9,180 yearly, 6 p. c. on $133,000 trustees, who hold the title to its assets. Messrs. E. Rollins Morse A
Bro. and Tucker, Anthony A Co. of Boston, v. ho xiromoted the combi
stock. Dividends are payable (M AN) In Boston.
nation, in June, 1899, in offering some of the stock lor public sub
BOSTON S U B U R B A N ELEC. COMPANIES- scription [$1,000 of preferred and $500 common was offered fo r
—A trolley system.
O r g a n iz a t io n .—T his company is a voluntary association formed in $1,050], stated that “ the Declaration o f Trust contains strict pro
N o v , 1901, on the same lines as the Massachusetts Electric 1‘oiu- visions against the creation of any indebtedness whereby any share
punies. The companies contro led are the Newton Street R ailw ay Co , holder or trustee can be held to any personal liability.’’ Comprised
Commonwealth A te. Street Ry. Co., Newton & BosTonSt Rv. Co.,
W ellsrley a Boston Street R y Co. and Le xington & Boston St. Ry. Co. originally between 30 and 40 separate properties,but through consoli
I t is stated that 99 per cent o f the stock of thene roads has. been ac dation there are now only three operating companies, namely the
quired. in Fell , 1902, secured a controlling interest In the $235,OoO Bustou A Northern St. Ry., the Old Colony 8t. Ry. and the Hyde Park
stock of the Waltham Gas Light Co. V. 74, jr 377. In 1902 also pur
Electric Light Co., together with the La wrence A Reading and the
chased Noruiubega Park,
S to c k .—shares have no par value, but in case of liquidation the Middleton & Danvers, The follow in g is a list o f the companies con
preferred shareholders w ill be entitled to $100 per share, with ac trolled with their share capital Sept. 30, 1901. The New port & Fall
crued divide;, d* ; the common shares participating pro rata In the R ive r shares, however, were sold in Feb., 1902:
remaining arsets. (See V. 73, p. 1159,1263.)
COMPANIES CONTROLLED.
Date.
Mute. Ou'standi’g.
Dividends,
Common stock, $3,000.000.......... ................$ 000,000
.................
Shares. 1
Shares.
'll'.’,
......
4 Q-J
2,500,000 July 15,’02,1% Boston & No. St. Ry. C o ... 61,230 , Middleton & Danvers St.
Boston & Northern St. Ry.
! Ry. Co (par $ 1 0 0 )...........
'320
Co. (5 pei cent paid in ).. 4,000| H a v ’hill&Andov.St.Ry.Co.
Road .—C «n rolled companies operate in the aggregate about 82
*800
miles of track from Needham on the south to Low ell on the north, and Old Colon Street Ry. 1 o.. 57,777 I (50% p a id in ) (par $100).
connecting at six points with the tra ks o f the Boston Elevated R ail Newp. & Fall R. St. Ry. Co. Jo,570 Rd.W kfd & L T d S t. Ry. Co.
H yde Park Elec Light Co. 2.87r>
(10% paid in) (par $100).
'600
way. Numerous extensions and new lines are proposed.
Gioue. A Rockp St. Ry. Co. 300
---- — Dividends. First of 1 per cent on pref. paid Apr. 15, 1902.
L a w r’ce A Read.St. Ry. Co. tl.lo O
T o t a l ........................ 134,622
O fficers .—P resident, Adams D. Claflin; Vice-President, Win. P.
Hammett. Treasurer, Frederick H. Lewis, Secretary, Jerome C.
' Represents the entire issue; no bonds issued.
Smith.—V. 73, p. 1159, 1263; V. 74, p. 377, 426, 679.
t $107,000 additional stock sanctioned by Massachusetts RE., Com
( 1 ) CO M M O NW EALTH A V E N U E ST. R Y .
mission in May, 1902.
O r g a n iz a tio n —Commenced operations March 28,1896.
1 Since sold.
S to c k & Bonds — Dale.
Interest. . Ouis'and’g.
Maturity.
Of the above 134,622 shares, 134,077 shares were at that date owned
Stock, $192,000
.. ...... .....................
$292,000
........- ......... by the Massachusetts Electric Companies. The foregoing comprise
1st m ore, $75,000 S 1896
5 g. F-A
75,000
Feb. 1, 1916
electric street railw ay lines in 22 cities and 66 towns in Eastern Mas
($ 00), g........ o* ( Int. at International Tr. Co., Boston, Trustee.
sachusetts and Rhode Island. The co mpanies given cover the gi eater
D ividends —In 1900, 6 p. 0.; in 1901, 6 p, 0. In 1902, Jan., 18j p. c.
part of the street railw ay mileage north of Boston as fa r as Nashua,
Apr., lxg p. c.
ROAD—Main line, 7-62 miles; second track, 5 6 miles; total, 13-22 m.; N. H., and Newburyport and Gloucester, Mass., and south as far as
70-lb. T and 95-lb. girder rails. Operating 58 motors and 38 cars.
Fall R iver and N ew Bedford, Mass., and Newport, R. L , connecting di
E ar n in g s —F or year ending 8ept. 30.
rectly with the street ra ilw a y Bystem o f Boston. Various electric
Year. Gross.
Net
In t. and taxes.
Dividends.
Surplus. lighting companies doing business in the same section are also in
1901 $85,009
$27,910
$10,259
(6%)$17,496
$155
cluded.
1900.. 79,517
25,386
9,054
(6%) 15.612
4,173
S to c k & B o n d s .—T he share capital is represented by certificates
1899.. 72,666
22,510
8,254
(5%) 12,900
1,356
of participation, which giv e the owners a proportionate interest in
(% ) L E X IN G T O N & BOSTON STREE T R E
ORGANIZATION—Incorporated in June, 1899. Operation begun in the shares held by the trustees. Both classes of shares are reported
exempt from taxation in Massachusetts. Listed on the Boston Stock
May, 1900.
STOCK & Bonds —
Date,
Interest.
Outstanding.
M aturity Exchange in April, 1901. In addition to the amount given below
$5,500,000 additional preferred stock was authorized M ay 29,1902.
Stock, $525,000 ($100).............................
$497,550
.............
1st rutge., $500,000) 1900
4*2 g.A-O.
350,000 Apr. 1,1920 I t has been sold to a syndicate managed by Lee. Higginson & CO. and>
gold ($1,000)....... c* 5 Interest at Beacon Trust Co., Boston, Trustee
the Old Colony Trust Co., $1,37 ,0o0 to be taken at 93 flat July 1,
Bonds are subject to call before July 1, 1905, at 110, then until
July 1,1910, at lO7t0. and thereafter at 105 O f the $500,000 author 1902, $1,375,000 on or before Oct. 1, 1902, and $2,770,000 on or beized, $150,000 are reserved fo r extensions, eto.
Rate. Outstand’g.
Dividends.
Date.
R oad —Owns and operates 27-67 miles of track,leases 5 miles, total,
S3 m iles, extending irom Arlington Heights (the terminus o f Boston Common stock, par $100)
........ $14,293,100 ..................
($14,293,100)...................)
E lev a ted sys em) through Lexington and Bedford to Billerica, where
cars go through to Low ell without change, with branches to Waltham, Pref. stock, par $100 ($15,-j
4 J&J 15,057,400 July, >02,2%
057,400) 4 p.o. cum.............S
to Concord and to Woburn; laid with 90k lb. girder rail and 60 to ‘ 0 lb.
Coup.notes $3,500,000, g., red. ) 1901
J A J 2,700,000 Jan. 1, 1906
T rail; operates 116 motors, 17 box and 31 open cars; total, 48 cars.
o n a4% basis after Jan 1, > lo t. at Old Colony Trust Company,
E a r n in o s —F or fiscal year ending Sept. 30. 1901: Gross. $116,278;
’02,on4wks.notiee,$l,Q00.c ) Boston, trustee.
net, $36,214; charges, $23,430; dividends, $12,oOD; hah, sur., $784.
The $2,700,000 coupon notes were issued to enable the Mass. Elec.
Cos. to take $1,297,300 new stock of the Brockton Street R ailw ay and
( 3 ) N E V T O N S TREE T R A IL W A Y . —A trolley road.
$1,016,000 new stock o f the Lynn <fc Boston. These stocks are depos
O r g a n iz a tio n —Chartered in 1887.
S t o c k & Bonds —
Date. Interest. Outstand’g. M aturity.
ited as collateral fo r the notes; $800,000 more notes m ay be issued to
Stock ($315,000, par $ 1 0 0 )................
Q-J
$315,000
See text.
purchase any additional stock which m ay be authorized by any of the
1st M.,cur.,notsubj.tocall ;$T00) 1892 5 J-J
215,000 July, 1912
constituent companies.
Interest payable at American Loan & Trust Co., trustee, Boston.
R e p o r t .—R eport fo r year ending Sept. 30, 1901 (see Ch r o n ic l e
Dividends o f 2 ner cent are being paid each quarter.
R oad —Owns from Newton to Waltham, W atertown, etc., 13-30 miles D ec. 21, 1901. p. 1310), shows receipts from dividends $777,841; from
track (measured as single); sidings, etc., 0-57; trackage, 2-49; total, interest on notes, etc., $41,318; total, $819,159; expenses, $31,664;
16-36 miles.
interest, $89,690; dividends on preferred stock (4%), $602,296; sur
ANNUAL R e p o r t —F or years ending Sept. 30 earnings have been:
plus, $95,509.
1901.
1900. I
1901.
1900.
For year ending Sept. 30, 1901, combined operations o f all the com
Gross earnings.$129,751 $120,338 |Balance fo r d iv s ..$19,774 $15,166
N e t................... 40,887
34,594 1Dividends p a id ... 18,900 16,800 panies controlled yielded, gross, $5,778,133; expenses, $3,915,486;
Int., taxes, etc.. 21,113
19,428 I
net, $1,862,647; charges, $937,206; remainder, $925,441; paid in d iv
—Y . 72, p. 581; V. 73, p. 843,1011, 1112.
idends $779,402; surplus, $145,979.
( 4 ) N E W TO N & BOSTON S TR E E T R A I L W A Y L a t e s t E arn nqs ~—F rom Jan. 1 to A p ril-3 0 ,1902, gross, $1,560,STOCK & BONDS—
Date. Interest. Outstanding.
M aturity. 465, against $1,475,793 in 1901.
Stock,$250,000,pr.$100 ........................
$200,000
See text
P l a n t .—T he street railw ays controlled have 819-585 miles of
1st M. for $500,000----1 1892
5 J-J
200,000
July 1,1912
Not subject to call. \ Int. pay’le at Am. L. & T. Co., trustee,Boston. track, and own and operate 1,847 cars, o f which 790 are closed and
Dividends—In 1898, 5 p. 0.; in l8 9 9 , Jan., 1-^ p. c.; in Apr., lk j p. c. 1,057 open cars; power stations, 21, with a capacity of 33,275 horse
July, 1899, and since passed.
power..
D ividends —F irst div. on pref. stock, 2p.c.,was p a id D ee .l, 1899, also
ROAD—Owns 9% miles o f trolley. Operates N ew tonville & Watertow n St. Ry., Skt miles,under lease o f 1897. Total trackage, in eluding 2 p. 0, June 1,1900. D iv. period then changed to JA J and 2 ^ p. c.
sidings, 20-4 miles.
paid Jan., 1901; July, 1901, 2 p. e.; in 1902, Jan., 2 p. c.; July, 2 p. c.
Ea r n in g s —F or year ending Sept. 30,1901, gross, $64,912; deficit
O fficers .—P resident, Gordon Abbott; Vice-President, Charles E.
under operation, $27,677; interest, taxes, etc., S18,683; balance,
deficit, $46,360.
Getting; Secretary, E verett W. Burdett; Treasurer, J. H. Goodspeed, Gen. Manager, P. F. Sullivan; General Auditor, D. Dana B art ( a ) N E W T O N Y IL L E & W A T E R T O W N S TREE T R A IL W A Y —
O r g a n iz a t io n —Operates 5 miles o f track. Stock, $50,000: outstand lett. E xecutive Committee: Messrs, Gordon Abbott, Charles Francis ■
ing, $50,000; j>ar $100 Unfunded debt Sept. 30,1901, $59,650. No Adams, 2d, E. N. Foss, Percy Parker and Philip L. SaltonstaJl. Office,
funded debt. Operated by Newton & Boston St. R y.,n n d erlea seofl8 9 7 . 14 K ilb y St., Boston.—V .70, p. 76, 480, 996,1291; V. 71, p. 181, 234,
Dividends—In Oct., 1898, paid I p . e . (Q-J); in 1899,4^ p. e.; in 1900, 2 3 6 ,8 6 3 ,9 6 4 ,1 0 1 2 ,1 0 6 4 ,1 0 7 2 ,1 0 7 3 , 1120, 1270, 1311; V. 72, p.
3% p. c.; in 1901, Feb,. 3 60 p. c. was paid, dividends being changed to
semi-annual—Feb. and Aug., and 3-60% was again paid in August* In 45,137, 241, 283, 675, 936; V. 73, p. 184, 391, 553, 900, 1011,1112,.
1902, Feb., 3-60 p. c.
*
126-4,> 1 3 1 0 , 1313; V . 74, p. 268, 427,1039,1196, 1308..
i
13
STREET R A I L W A Y S
C om pan ion C o n tr o lle d by Olannachunottn E le c tr ic C oin pau len .
( 1 ) BO STO N A N O R T H E R N S T R E E T R Y .—A n e lec tric road.
O r g a n iz a t io n —Th is was the Lyn n A Boston R R ., but on Ju ly
23, 190i» nam e ©hanged to presaut title.
T h e L vn n A Boston
R R . was In corporated under lawH o f Mass. A p ril 6, 1859. In 1900 ab
sorbed the G loucester Sc. Uy. (which, Jan. 18, 1900, had absorbed the
R o ck p o rt St. Ry ) and the W akefield A Stoueham 8t. Ry.. w hich la tte r
on Dec. 31, 1899, had absorbed the W oburn A R eadin g, the Salem A
W akefield and the R eadin g A L o w e ll. In A p ril, 1901, acquired the
B e v e rly A D anvers, in M ay, 1901, absorbed the L o w e ll L a w ren ce A
H a verh ill and the North W oburn. Th e L o w e ll L a w ren ce A H a verh ill
had in Nov., 1900, been consolidated w ith the L o w e ll A Suburban,
and the la tte r had previou sly re ceived au th ority to lease the Nashua
®Yn
1902, petitioned Maos. R R . Comm ission fo r a u th o rity to
Issue $400,000 new stooK. but in M a y. 1902, this was w ith d ra w n , and
one fo r a la rg e r am ount w ill be m ade later.
c t o p k & Bo n d s —
Dale.
Interest.
Outstanding
Last D ir. <£c.
Stock (p a r $100)........................................
$6,123,006 Sept., 1901,3%
Naum keag St. Ry. 1st...........
5 J .- D .
215,000 June 1, 1906
Consol. M. ($1,000)....1890
5 J .-J .
711,000 Ju ly 1 ,1 910
Trustee, M anhattan T ru st Co., N e w York .
L yn n B e lt 1st.........................
5 M .-N .
100,000 M ay 1,1910
Trustee, A m erica n L oan A Tru st Co., Boston.
E ssex E lec tric 1 s t..................
6 J .-J .
100,000 Jan. 1,1911
Trustee, O ld C olony T ru st Co., Boston.
Lyn n A Boston 1st m.. >1894 5 g.J. T).
3,723,000
Deo. 1, 1924
$5,218,000, $l,OOO.oA s In t. at Old C olony T ru st Co., trustee, Boston.
Coup, notes, $405,000 1897 6 A . - O .
405,000
A p r il 1,1917.
P la in Bonds secured by
L yn n A Bos. m ort. o f 1894—
Lyn n A Boston.......................
5 A .-O .
$100,000 A p r. 1,1907
do
do .......................
5 M .- S .
186,000 Moh. 1,1912
N a u m k ea g....................-. . . . .
5 A .-O .
49,000
A p r. 1,1907
...........................
6 M .- S .
24,000 Sent. 1,1910
do
do
...............................
6 J .-J .
10.000 J u ly 1,1911
G lou’ster St. Ry. 1st m ort. 1887
5 A .-O .
60,000 A p r. 1,1907
In terest Is payable at A m erica n L oan A T ru st Co., Boston.
Q1° i i ’ ster Kfl x cfe H . ) lg 9 6
5 g j_ D
125,000 Deo. 1, 1916
000) gold
c* 1 In t * at A m er. L. A T. Co., Boston, Trustee.
S t o CKi B o n d s E t c .Date. Interest. Outtitaiuliny.
M a tu rity.
Stock,$325,000. (p a r $ 1 0 0 ).........................
$300,000 2 ^ . July, 1902
1st m ortgage, $150,000) 1901 4 g. A O
150.000
O o t 1.1931
($1,000), g o ld ..........o* \ In t. at Old C olony T r. Co., Boston, Trustee.
Honda.— E n tire Issue m ay be called on and a fte r Oct. 1, 1906, at
105 and aoer«ied interest. T h e Interest is guaranteed by the Bust©a
A N orth ern 8t. Ry.
R o a d —Operates 15*5 m iles o f track.
(f)
W IN N IS IM M E T (S T R E E T ) R R .—
—O w ns 2*0 m iles or track. Leased to the Lvn n A
Boston fo r 999 years from 1880, at $3,000 per annum. C apital stock
is $50,000, par $50. D ivid en d s In 1894 to 1901, 6 p. 0.
O
r g a n iz a t io n
(2 ) O LD C O LO N Y
S T R E E T R A I L W A Y . —A tro lle y road.
O rganization —T his was fo rm e rly know n as the Brockton Street
R a ilw a y , hut on F eb ru a ry 15, 1901, name was changed as above.
T h e Brockton S treet R a ilw a y
was a consolidation
o f the
Brockton S treet R a ilw a y , East Side, B rockton A H olbrook and W hit
man street companies. In 1900 was consolidated w ith the Boston
M ilton A Brockton, the B ro c k 'o n B rid gew a ter A Taunton, the Brookton A fcast B rid gew a ter and the Taunton A Brockton. Hubsequently
was also consolidated w ith the Quincy A Boston and the N ew Bedford
M iddleborough A Brockton
In N o v., 1900, Mass. RR. Com m issioners a pproved proposition to
p u rc h a s e the South Shore A Boston and the W e*t K oxb u ry a Koslin
dale. Th e South Shore A Boston com prised the B rain tree A W ey
mouth S treet R a ilw a y, the B rid ge w a ter W hitm an A Rockland, the
H m gham s tre e t K a ilw a y (th e la tte r bein g a consolidation o f the Hiogham, the H u ll aud Hie rfantasket E lectric), the H a n o ver S treet R a il
w ay and the Rockland A A b in gton Street R ailw ay. The W est Roxbury A R oslln dale Sr. R y. had previou sly absorbed the N o rfo lk Sub
urban. the N o rfolk C entral and the Needham A Boston.
In Jwn., 1901, al*o received au th ority to acquire the G lobe 8t. Ry.
(a fte r the G lobe St. R v. had first absorbed the Dighton Som erset A
Swansea St. Ry., the Taunton St R y. and the Providenoc A Taunton)
On J u ly 1, 1901, leased the N ew p ort A Fall R !ver Street Rv
Iu Jan., 1902, petitioned the Mass. R R . Commission fo r permission
to issue $i00.OOO additional stock, but p etitio n subsequently with
d r a w n ; one fo r a la rg e r am ount w ill be m ade later.
Date. Interest. Outstand'g. M aturity.
S t o c k & Bo n d s —
Stock (par $100). $5,781.000..
................. $5,777,700 Sep.,’01,6%
W akerieW & Stoneham ^ 1895
5 g - M -S
150,000
M ar. 1,1915
Brockton 8 t.R y. bonds. ) ^
1885 4 b j A - 0
9,000 Apr.1,1905
1st IM• $150,909, g.,C. t
1886 4*2 A - O
25,000 A p r .l, 1906
Bonds.........................
T h e la st issue is redeem able at 105 a fte r M arch 1, 1900. In te re s t
1890 4 Hj A - 0
33,000 A p r . l, 1910
B on ds.........................
at A m erican Loan A T ru st trustee, Boston.
1892 5 g . J - J
16,000 Jan. 1,1911
Bonds, g o l d ...............
T h e M ystic V a lley St. R y. has out $60,000 gold 5s, due Jan. 1, 1919.
1894 5 g . A - 0
667,000 Oot. 1,1924
Brockt. (Consol.) St. R y .
T h e R o ck p o rt Street R y has ou tstan ding $12,500 6 per cen t ooupon
Subject to call a t 105 and interest.
1st M. $750,000 g . . . .
notes, in terest pa ya b le A p r il and October, due Oct. 15, 1916.
( ( In t. a t State St. S afe D eposit A Tr. Oo.
Boston M ilton A B rockton .. > 1899 5 J-J
LOWELL LAWRENCE <fe HAVERHILL.
100,000 J u ly 1.1919
1st m tg. bonds, $100,000.. > In t. at^Inter’lJTr. Co., Boston, Trustee.
STOCK & BONDS—
Date. Interest.
Outstan&'g.
M a tu rity .
Brock. B rid gew a ter A Taun.
1897 5 g. F - A 200,000 A u g .l,1917
Btock ($100), com ..........
H as been exch an ged fo r Lyn n A Boston.
l8 tM .g f$200.0uo($1.00o)o* In t at Am. L A T. Co., B oston.Tru stee.
20,000
..................
do $400,000(5 p.c. pd.) ........................
1898 5 g. F - A
30,000 Feb. 1,1918
M errim ack V a lle y S treet 5 1891 5 g .A -0
342,000 A p r. 1, 1911 Brock. A E B rid g e w a te r— )
1st M. g.. $30,000.............. S In t. at Am . L A T. Co., Boston, Trustee.
R a ilw a y 1st m ort. gold . I In tere st at In ter. Tr. Co., trustee, Boston.
1897
5 F -A
100,000 A u g . l, 1917
L o w e ll L a w . A H a v e rh ill ( 1893 5 g .J -D
$997,000 June 1,1923 Taunton A B rockton .............>
1st m o rtgage $10o,OuO— $ In t. at State St. T r. Co., Boston, Trustee
consol. M., $1,900,000, < Subj. to ca ll fo r the sink. fund, at 105 A int
N. B e d f’rd M ’dleb’ ro A B roo k .)
1900
5 g. J-J 325,000 Jan. L,1920
gold, $1,000................ow( In te re s t a t A m . L. & T. Co., trustee, Boston
1st M. $325,000 ($1,000) g. > In t. at Am. L. A Tr. Co., Bost., Trustee.
P e o p le ’ s St. R y.. W . N e w - 1 ........
5 J -J
$64,000
J a n .l ,1928 B rain tree m tg e .........................
6 J -J
35,000 J u ly 25, ’ 14
1894
bu ry,
l s t ™ ?rt~ C In te re s t a t 8tate S treet T ru st Co., Boston,
GLOBE STREET RAILW AY 8ECURITIE8.
g a g e bonds, assu m ed... 3
L o w . L a w . A H av. Consols o f 1893 are reserved fo r M errim ack V a l
Date.
Interest. O utstand'g.
M aturity.
le y bonds when due.
1st M $750 000 gold ) J-892
^g.
750,000
A p ril 1, 1912
non ipY b
g a * [ Redeem able at 105 and in t.a fte r A p ril 1, 1902.
L l I t e M& 1891. |oldB 0* \
1891 5 g ' J_D * 1’000-000
D ec1911
$1,000 eaon ........... c S In t. is p a ya b le by trus., Mass. Tru st Co., Bosk
In terest in Boston by the A m erica n L o an A Tru st Co., trustee.
Debentures, g. ($1,000).0 1892
5g. J - J
550,000
J u ly 1, 1912
Bonds—O f the $5,379,000 first m o rtg a g e bonds o f the L yn n A B os Debentures,g. ($1,000).0 1894
5g. M -S
125,000
Mar. 1, 1910
D ighton- Sumerset A 1
T
ton R R ., the unissued balance is to be used to ta k e up oth er bonds.
125,000
Dec. I , 1915
Sw an.b’ds,$125,000, I
& w -D
T h e M errim ack st. Rv. 1st rntge. bonds are re d eem ab le at o p tion at
at In te rn a t’l T ru st Co., B oston, trustee.
.,
s.f., red. 105,a fte>Int.
rS iinking
a n y tioae a fte r 10 years fro m th e ir date.
fu
nd
is
$3,000
a
year.
une 1,1901 ($1,000)
D i v i d e n d s — From 1880 to Oct., 1899, incl., 8 y e a rly ; in 1900, 7;
Interest on the G lobe S treet debentures Is p a ya b le in N e w Y o r k at N.
in 1901, J une 15, 3, Sept., 3; none since to Juue, 1902.
Y . S ecu rity A Trust Co.
R o a d —Com prises the lin es o f the Mass. E lec tric Com panies north o f
Taunton St. R y. 1st M. 1894
5 J -J
350,000
Jan. 1,1914
Boston, in clu d in g L o w e ll L a w ren ce A H a v e r h ill system (to g eth e r
D o Debentures. 1894
5 M -S
200,000
Mar. 1,1914
w ith the Nashua S treet R y. leased to sam e), N o rth W oburn and B e v
Interest on Tau nton 8 treet R y. bonds p a ya b le at A m erica n Loan <4
erly A D an vers St R y., em b ra cin g about 4 17 m iles o f track.
Trust Co., m o rtg ag e tru stee, Boston.
A n n u a l R eport —F o r fiscal v e a r en din g Sept., 1901, o f all com pa
P
Rv f s t ’g Um °O O o t^ 1898
5g -M-S
150.000
Sept.1.1918
nies included in the Boston A Northern St. R y.: Gross, $3,385,910; re t,
au thor’! $200 000.’ S A m erica n L o an & T ru s t Uo., B oston, Trustee.
$1,138,665; charges, $617,737; dividends, $3^1,380; surp., $129,548.
—V . 65, p. 925, 1021, 1 1 7 1 ; V . 67, p. 1 2 6 0 ; V. 68, p. 40, 619, 673;
SOUTH SHORE <fc BOSTON 8T. RAILWAY. SECURITIES.
Y . 70, p. 1049, 1149; V. 71, p. 964; V. 73. p. 184.
D a te. In terest.
Outstand'g. M a tu rity .
O F F IC E R S —Presiden t, P a tric k F. 8u llivan , L o w e ll; Y io e-P resid en t
Bonds, consol, m tg. ($1,000) >
1899
5
F
-A
.
$335,000 A u g. 1,1919
and G eneral M an ager, E. C. F oster, Lyn n .
gold, $ L,000,0o0.............. >
In tere st at A m erican Loan A T ru st Co. (tru stee) Boston.
(& ) B O S TO N A C H E L S E A R R .—O w ns 4 1 m iles o f track. Leased to B ra in tree & W eym ou th 1 s t) 1897 5 g . M-S.
»o,0 0 0 M ar. 1,1917
L y n n A Boston S treet R y. Co. at $7,260 per annum, equal to 6 p er cent
M. gold, $80,000.............. J In t at In tern a tio n a l Tr., Boston, trustee.
on $121,000 stock, p a ya b le A A O .
B rid g e w a ter W hit. A R ock. ) 1897 5 g. M-N.
85,000 N ov. 1,1917
1st m ort., gold. $1,000 e* $ In t. at A m erica n L o a n A Trust. Boston
( b ) BO STO N A R E V E R E E L E C T R IC ST. R Y .—
Rookland A A b in gton fir s t ) 1895 6 g. M-N.
100,000 M a v 1, 1915
O R G A N IZ A T IO N — In co rp o ra ted June 24, 1889. Leased fro m J u ly 1,
m ort., $100,000 gold... .c* $ In t. at Old C olony T r. Co., Boston, trustee.
1895, fo r 99 years to Lynn A Boston, which gu aran teed in terest on
WE8T ROXBURY & R98LINDALE ST. RAILW AY BONDS.
the $50,000 bonds (o f which $17,500 had been retiretTup to June, 1902,)
and d iv id ’d so n $50,000 stock from J u ly 1.1898, a t 5 p. c. per annum.
Date.
Interest. O utstanding. M aturity.
STOCK & B o n d s —
Date.
Interest. Outstand'g. L a s td iv .f etc. 1st M. $150,000, gold,s. f. 1 1896
5 g. M -S $150,000 Sept. 1, 1916
Stock (par $ 1 0 0 )..........................
5 J - J
$50,000
.......................
($500) red. at 103 a fte r > In te re s t at In te rn a tio n a l T ru st Co., Bos8ept. 1 ,1 9 0 1 .............. o* ) ton . Trustee.
1st m ort. draw n a t 104 .. J 1890
5 F - A
34,500
Feb. 1, 1910
In t.(n o tp r.)g u .h y L .A B . \ In te re s t at A m erica n L o a n A Tru st, B oston. N o rfo lk C entral 1st m t g .,)
gold. $100,000. In t. at l 1898 5 g. J.-J.
$60,000
Ju ly, 1918
R o a d — S ingle track, 3'84 m iles.
In tern a tio n a l T ru st Co., (
(S u bject to ca ll a fte r Ju ly 1, 1903.)
Boston, tru s te e ............. )
(c) E A S T M ID D L E S E X S T R E E T R Y .—
$69,000
Ju ly, 1914
O r g a n iz a t io n —Owns 16-5 m iles of tra c k ; sidings, sw itches, etc., N o rfo lk Suburban, 1 s t ) 1894 5 J.-J.
m o r t g a g e ...................... s lo t . at In te rn a t’l. T r. Co., Boston, trustee.
1*8; tota l, 18*3 miles. L eased M a y 1, 1893, to L y n n A Boston fo r
99 years at a ren ta l t ill M a y 1, 1896, o f $18,000 y e a r ly in addition to
R o a d — C onsolidated system operates 377 m iles o f track, com prising
fix ed ch a rge s; then till M ay 1.1901, $24,000 y e a r ly ; and fo r rem ain
the lines o f the Mass. E le c tric Com panies south or Boston.
der of lease, $30,000 y e a rlv. E ig h t p er cen t divid en d s h ave been paid,
D irid e n d s .—R a te 1892 to 1896 in clu sive w as 6 p.c.: in 1897, 6 p.o ; sjl
but on M ay 1,1901. w ere increased to 10 p e r c e n t. Th e refu n din g 1898, 6 p. c.; in 1899, 8 p. o.; in 1900, 8 1* p. o.: in 1901, 6 p. c.
bonds w ere issued to take up a lik e am ount o f 5 p er cen t bonds w hich
R E P O R T — O f consolidated com panies (in clu din g N e w p o rt A F a ll
m atu red on Jan. 1, 1902.
R iv e r ) fo r y e a r ending Sept. 30, 1901, gross. 5*2,299,408: n et (includ
STO C K & B o n d s Date. Interest. O utslana'g. M a tu r ity .
in g oth er incom e), $694,340; charges, $ j06,939; surplus, $381,401.
Stock ($100) $300,000.....................
8
$297,700 .....................
( a ) N E W P O R T & F A L L R I V E R S T R E E T R Y .—
P la in bonds, int. gu. (en d.).
1898
5 M-S
120,000 Sept. 1, 1918
R efd . bonds, int. gu. (en d.).
1902
4 J-J
100,000 Jan. 1,1922
H as been con solidated w ith N e w p o r t S treet R a ilw a y and N e w p w t
In te re s t at N at. H id e A L ea th er Bank., Boston.
Illm in a tin g Co.; em braces 17 m iles o f tra ck in and b etw een N ew p ort
T h e lessee iu the lease agreed to stam p both issues o f the bonds w ith
and F a ll R ive r; also electric ligh tin g .
W as leased on Ju ly I, 1901. fo r
a gu a ra n ty o f r.ne prom pt p a ym en t o f in terest.—p rin c ip a l is n ot
9 d ye*rs, to the O ld C olon y S tie e t Ry. fo r a rental o f « p e r c e n t per
gu a ra n teed .— V. 67, p. 482.
annum and in terest on bonds. T h e Mass. E lec. C jm pan ies disposed
o f its h oldin gs in Feb., 1902.
( d ) G L O U C E S T E R & R O C K P O R T S T R E E T R Y —E leo trio .
S t o c k . B o n d s , E t c .— Oate.
In terest.
O utstanding.
M&tnrity*.
Leased to G loucester S treet Ry., which in 19 '0 was absorbed b y
J.-J.
$75‘\000
See t e x t
L yn n A Boston (n ow the Boston A N orth ern ). Stock, $30,000. Loan s, Stock, $750,000, par $ 1 0 0 .......
N e w p o r t A F a ll R iv e r S1898
5 F -A
*^40.000 A u g. 1,1918
$10,000. R en ta l, 6 p 0. on stock and in terest on bonds
b o n d s...................... . ( A m erica n L o a n A Trust, Boston, t r istee.
N e w p o r t St. R y. 1st M. ) 1890
5 J -D
50,000 Dee. 1,1910
(e ) N A S H U A S T R E E T R A I L W A Y . —T ro lle y .
$50,000 ($500). ...... c. S In terest at th e In d u s t Trust Co., P ro vi., R. L
ORGANIZATION—In co rp o ra ted A u g. 14, 1885. On J u ly 1, 1900, w as
6 g.
190.OOO J u ly 1,1912
leased to th e L o w e ll
Suburban fo r 99 years, and lease n ow runs to N e w . ill. Co. 1st M .t g ................
N e w . 111. Co. 2d M ., g .................
5 g.
63.500 Oct. 1. 1925
Boston A N orth ern throu gh consolidation.
R ental —D ividends are p a ya b le Jan. and J u ly at the ra te o f 4 p. 0. in
E a r n in g s —F or y e a r en din g June 30, 1901: Gross, $213,000: net,
1901, 5 p. o. in 1902 and 6 p. c. fo r the rem ain in g 98 years o f lease.
$83,000; surplus o v e r charges, $52,000.—V. 74, p. 427.
II 5
5
J
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/ FRAMINGHAM
NEEDHAM
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DOVER
NATICK
\ QUINCY
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BRAIN
SCITUATE
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BRIDGE1
MANSFIELD
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A.
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~ t^A TT LE BOROUGH
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_____
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MAP OF THE LINES
/
,/T A L N n
OF THE
MASSACHUSETTS ELECTRIC
COMPANIES
REHOBOTH
DIGHTON
r EAST \ S E E K .O N K
iO VIDEN CE
/
y
V KINGSTON
,y PLYMOUTH '
NORTON
— J h
\PROVIDENCE
HALIFAX
BERKLEY
NORTH S E C T IO N
STREET
15
RAILWAYS.
new to n
"BR O O KLIN E
W ELLESLEY
NEEDHAM
vlATICK\
L co h a sset
DEDHAM,
DOVER
WESTWOOD,
<
VZVff-,
./.B R A IN lT R f
SClTUATE
MEDFIELD
CANTON
N O R W E lL
R O O K i ^ROC
W ALPOLE
“N.'
T STOUGHTON AVON
HANOVER^
ABINGTON
MARSHFIELD
L --V
SHARON
BROCKT
\ A
FOXBOROUGH
f ) /j ( PEMBROKE j
HANSOi
WRENTHAM
RIDlGEW ATER
EASTO N C
1 DUXBURY
W .B RID G ElW ATER
J / '
/
MANSFIELD .
\
■
\
s\
\
N.
/ '
rATTLEBOROUGH./
S
S
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®L /
NORTON
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ATTLEBOROUGH
----- ^
'
/
^
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■ ; y^
l l
HALIFAX
BRIDG
KINGSTON
\wff|
PLYMPTQN
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\
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PLYMOUTH.
^
MIDDLEBOROUGH
CARVER
J
BERKLEY
REHO^OTH
DIGHTON
/
L A K E V IL L E ’
EEKONK
ROCHESTER
FREETOWN
SWANSEA
.RRINGTC
ACUSHNE
BRISTOL
I NEWf
BEDFORD
FAIR HAVEN,
DARTMOUTH T
WESTPORT
TIVERTON
MAP OF THE ELNES
LITTLE
COMPTON
EWPORT
OF THE
MASSACHUSETTS ELECTRIC
COMPANIES
SOUTH SECTION
STREET RAILWAYS.
1H
B O W L I N G GREEN, KY.
p iii'trL A T lo N 1000
w a»
8 ,2 2 6 ; 1*1 1800
w as
B R I G A N T I N E B E A C H , N. J.
7,803;
IN 1880 W i» 5/114,
B O W L I N G G R E E N R A I L W A Y , - - a troU eyroad.
OS'IAN- ' i iON lUcorjioiAiU d iu July, 1698, in a moi vuiilzation Of
tlt» Park Guy By,, purchased at fom-loaurn Fob. 2$, 1808, by the
Fidelity Trust & Safety V., trustee. V. 6ti, p. 47-'. Coin pie ted as au
electric road Sept. 1, 1895, to do botli freight arid pasKenger business
eotuieoilug riverand city.
S to ck , Bonds E t c Date. Interest. Ouistanding, M aturity.
Stock, p ar.... ............................................
#40,000
..............
Wew m ortgage........1898
........
20,000
1915
, R oad , Et c ,—O wn* 5 miles of track, including sidings.
OFFICERS— President, J. H, Wllkerson; 8eo. and T ie as., T, S. Fitch.—
? . 68, p, 472.
an d
B R IG A N T IN E TR A N S P O R T A T IO N CO.OSOANiZATION A rem yaiilzalion per plan lu V ii3, p. 637. of Brig
antine Transit Co, sold in foreclosure Feb, 4, 1897. Runs steamer*
from In let (Atlantic City) to Brigantine, connecting with its electric
trolley road, extending along Brigantine Beach, 7 miles o f track.
N ew S ecurities $30,000 1st mortgage Dp, o. 20-year bonds; 1st
preferred 5 p. c. stock, $125,000; 2d preferred 5 p e. stock, $75,000 j
common stock, $150,000, all issued, Iu June, 1899, the Co. Issued
$24,000 20-year 2d mig. 5s M AN) to retire floating debt and for
double tracking. Continental Trust Co,, N, Y., is trustee.
E ar n in g s —For year ending Deo. 31, 1901, passenger earning* of
railway, $9,407; other income, $1,191; total income, ® 10,598; expense*,
$10,202. President, Geo. JI. Cook, 50 Broadway, New York; Treaa.I
R. D. A. Parrott.—V. 64. p. 373.
BRADFORD, PA.
B R IS T O L, C O N N .
P o p u la t io n 1900 w as 15,029; rN 1800 w a s 10,514;
AND IN 18at) WAS 9,107,
P o p u la t io n 1900 w a s 9,643; is 1890 w a s 7,382;
AND IN 1880 WAS 5,347.
BRISTOL & P L A I N V I L L E T R A M W A Y CO.A trolley road. Also furnishes electric lights.
O rganization —Organized Sept. 21,1893.
S to c k & B onds —
Date.
Interest.
Outstand’g.
M aturity.
............
$1( 0,000
1901,6%
Stock, $1,000,oOO ($100), .
1st mortgage, $260,000 . 1895
5 H.-N.
135/00 Nov. 1,1925
Earnings —For years ending June 30, including electric-light plant.
Tear—
Gross.
Net.
I n i . t£ lares.
D iv’ds.
Balance.
1901....... $69,086
$23,135
$9,329
$6,000
$7,806
1900....... 65,062
20,361
9,231
6,000
5,120
ROAD—Operates about 8 miles of track laid with GO-lb. T rail.
OFFICERS—President, C. 8. Treadway; Vlce-Prest., N. E. Pierce;
Treasurer, M L Tiffany; Secretary, A. J. Muzzy; Gen. Man., G. E.
Cookings, all o f Bristol, Conn.
B R A D F O R D E L E C T R IC STREET R Y.—Atrolley
road.
O r g a n iz a t i o n —Incorporated June 7, 1894.
c r n r K ,4 R o n d s —
D ate.
In te re s t.
0 u h la n d ’g.
M a t u r it y
$130,00 , par $50.............
$130,000 ...............
1st mortgage, $130,0o0,) -......
5g. M.-S.
l.j-,500 ........—
gold loOO).... ...........- < Jnt. at Arner. L oan & Tr. Co., Boat., Trustee,
B o n d s -S in k in g fu n d of $2,500 per annum is in operation.
R o a d - operates 11 miles of track.
Ear NiNGS-Por tw elve months ending A p ril 1,1902: Gross, $48,880;
ntt, $1 0 ,48 0 ; interest and taxes, $8,062; surplus, $2,418.
O fficers Pres F. W. Davis, Bradford; Viee-Pres., H. L. Pierce,
Leominster; ee., Treas. and Gen. Mgr., 0. ID. Hudson, Bradford.
B R ID G E PO R T , CONN.
POPULATION 1900 WAS 70,996; in 1890 was 48,866;
and IN 1880 was 29,148.
C O N N E C T IC U T R Y . & L IG H T IN G
CO. (See
M a p , page 17.)
i T i,in ro u e rtv is controlled by the United Gas Im provem ent Comi v ‘of Philadelphia. Originally chartered in Oonn., Mar. 2,1895, as
fm.Gus Supply Co. Charter amended and name changed March 2,
1890 to Connecticut Lighting & Pow er Co., for the purpose of uniting
street railw ay and light and pow er properties in Connecticut.
NAme changed as at present on January 10, 1901. V. 71, p. 1269; V.
72 n i l H is a consolibation of the follow in g companies, whose franiii’iseB are said to be perpetual:
Wriaf>oort T raction Co.
i Norwalk & So. Norwalk El. L ig h t Co.
^ 2 rC
, & hlec. CO. o f N ew Britain, j N orw alk S treet B ailw ay Co.
te n r ia * » j . Dai !way Co.
N orw alk Tramway Co.
o L v o w ic b U » b & Electric L ig h t’ g Co. Shelton S treet Bailway Co.
^
Street Railw ay Co.
Southington & P lan tsville Tramway.
w d S tu ck m e o irie L ig h t Co.
W aterb ary Traction Co.
NorwtUk Gas i ight Co.
W estport & Saugatuck Street By. Co.
In Feb., 1902, control of the Meriden Southington & Compounce
Tramway was purchased.
cj-ror-v A- Ro nd s —
Date. Interest. Outstand’g.
M aturity.
c f f i Con stock ($100).................................. $11,000,000 .................
yref., 5% cum. a fter Jan. 1 ,) ...... . ...........
4,000,000 .................
1904 ($100).....................>
l a t * ref $15,000,000,g o ld ,) 1901 4 ^ g., J-J 8,355,000 Jan. 1,1951
OOO'o* Bonds cannot > Interest at Colonial Trust, N ew York,
be called'......................... > trustee.
m
. . ___, ( 1883 5 g., J-J
709,000 July 1,1923
Bridgeport Traction mort- ) Trustee, Fidelity Trust Co. o f Newark,
gage. gold. ($1,000)......6
at Redmond, K err <& Co., N ew York.
6
A -0
76,000 A p .2,1914
Derby St. R a ilw a y M ort-)\ 1894Redeemable
after A p ril 2, 1904,
/tonlecticut L i’ting & Pow er . . . .
5 .......
210,000 Jan. 1, 1939
TtJYads - Redmond, K err & Co. and J. & W. Sellgman & Co. offered
355 000 o f the new bonds for sale in May, 1901. V. 71, p. 1269.
I qci5 000 c f bonds are reserved to retire the prior bonds still out.
remainder o f the *15,000,0x0 may be issued from tim e to tim e for
oiisitinnal properties and new construction, improvements and betterStatement to N. Y . Stock Exchange in V. 73. p. 852. Listed
m the New Y ork and also on the Philadelphia Stock Exchange.
.rT—Tbe railw ays embraced comprise 161 miles o f track reaching
Bridgeport, Stratford, Southport, Shelton, Derby, Ansonia,
wSa*s®rt Saugatuck, Norw alk, South Norw alk, Darien and Stamford;
„! fn itnes’in Naugatuck, W aterbary, etc. System connects with the
w iL h e s te r Avenue Railroad into New Haven, and company also
bas a traffic contract w ith the H artford Street B ailw ay fo r reaching
THAT'SX03TtL
. ..
,
^
Crti iPMFNT—June 1,1902: Cars, 354; motors, 537; car barns, 16;
iS ? a complete electric ligh t plants, which supply 1,303 arc lights
56 022 incandescent lig h ts; also owns gas plant at N orw alk and
JL/rarxiH o-as plant at Waterbury. For complete description o f propsal statement to N. Y . Stock Exchange, Y . 73, p. 852.
c . duiwoa —1
T he earnings o f the consolidated companies fo r the 8
-mirths ending Aug. 31, 1001, were; Gross, $1,033,115; net, $369,109;
charges, $284,323; balance, surplus, $84,786.
n ccirF R S -Presiden t, A ^tf. Young; 1st Vice-Pres., R. A. C. Smith;
v d Jp Pres Geo. E. Terry; Secretary and Treasurer, Lew is Lillie.
Mxxin office! Bridgeport. C on n .-V . 69, p. 1193; Y. 70, p. 741, 1197; Y
v . 72, p. 44, 136, 872, 935; Y . 73, p. 82, 783, 842, 852; Y.
71.
74 pi 426. ’
B R O O K L Y N , N. Y.
P opulation 1900 was 1,166,882; in 1890 was 806,343;
AND IN 1880 WAS 566,653.
BROOKLYN
R A P ID TRANSIT.—
O rganization —Organized January 18, 1896, per plan la Chbon icle , Y . 60, p. 1145, to succeed to the property of the old Long Island
Traction Company, foreclosed; syndicate headed by the late ex-Governor Flow er having then bought control. Is not a railroad corpora
tion, but was organized under the Business Corporation law o f New
Y o rk to hold the stocks and bonds of railroad companies and to aid in
the construction and equipment o f railroads. Cars began running
over Brooklyn Bridge in February, 1898. V. 66, p. 383.
ASSETS-The follow in g is a statement of the stocks, bonds and equi
ties owned by the Brooklyn Rapid Transit Co. June 30,1901 :
stock.
Entire capital stock Brooklyn H eights R R .C o . (p a r )............................ $200 000
Entire capital stock Brooklyn Queens Co. & Suburban R R . Co. (p a r).. 2,000,000
Entire stock Sea Beacb R y. Co., towned by Nassau E iectrici par value 650,(00
Entire issue o f r.be common stock o f the Nassau E lectric RR. Co., par. 8,500,000
60,520 shares out o f 65,00 ’ shares o f th e i% cum ulative preferred stock
o f Nassau E lectric RR. Co., par............................................................. 6,052,000
■17,142.53 shares out o f 60,oOO shares o f the 5% non-cum ulative pre
ferred stock o f the Brooklyn Union E levated RR. Co., p ar....... ...... 4,714,253
122,9y9'i2 shares out o f j3 ,u00 shares o f th e common stock o f the
Brooklyn Union Elevated RR. Co., par.............................. .................12.299,972
Entire capital stock o f Coney Island & Gravesend Ry. Co. outstand
ing, (owned by Nassau E lectric) par.....................................................
34,500
146,228
1,462’28 shares Brooklyn Rapid Transit Co., par....................................
$34,597,853
BONDS.
* First mort. 5 p. c. bonds B rooklyn Queens Co. S Sub. R R . (p a r).........$2,000,000
1st con. mort. 8 ’klyn Queens Co. k Sub. (owned by B’klyn H eights Ce.)
50,000
•First mortgage 5 per cent bonds Brooklyn City HU. (p a r ;............... . 1,627.000
Fir.-t cons. 4 p. c. bonds Nassau Elect. Ktt. (in Nassau Elec. Treasury)
29 000
Gold 5 p. c. bonds Brooklyn Rapid T r a n s it ...... ..................................
30,000
$3,736,000
EQUITIES FOB CONSTRUCTION EXPENDITURES ON LEASED LINES
JUNE 30, 1901.
Brooklyn City R R . Co................................... .........................
$5,181,086
Nassau E lectric R R . C o
.................................................. .
1,118,276
Prospect P ars & Coney Island R R ...... ..................................
149,904
$6,449,815
__ Grand to ta l.................................. ................... ............... .................$44,788,868
♦Composing guaranty fund fo r perform ance o f Brooklyn City R ailroad Com
pany’s lease.
The Brooklyn Oily RR . Oo. is held under a 999-year lease, dated Feb.
14,1893, guaranteeing all fixed charges, organization expenses, taxes
and 10 per cent dividend on $12,000,000 of stock. The lease is nomi
nally to the Brooklyn Heights RR. Co. but practically to the Brooklyn
Rapid Transit Co., since that company owns the entire capital stock o f
the Brooklyn Heights Company and guarantees paym ent o f ai vidends
to lessor. In 1898 the Heights Gompany leased the Brooklyn Queens
County & Suburban RR. The lease was renewed year b y year, rental
being fixed charges, taxes and organization expenses. On July 1,
1901, the B. Q. C. & S. began operating separately again. On A p ril 1,
1899, the Heights Gompany tem porarily leased the Brooklyn Union
| 1 ) MEB1DEN SO U TH IN G TO N & COMPOUNCE T R A M W A Y .- A Elevated RR. Co.—see terms under the la tte r—and also on the same
date the Nassau Eleetrie RR. Later, permanent lea tee w ere made.
F7eb°,ai9 0 2 , the Connecticut By. & L igh ting Co. acquired control. See terms under Nassau Electric.
_
o RnNnR—
Date. Interest. Outstand’g M aturity.
The Brooklyn Rapid Transit Company in A pril, 1899, also acquired,
l ? Osto’M$100)$500,000 .......................... $200,000*
4% P a.
through
one of its constituent companies, all the franchises and prop
Uek '$200,000
s t o i W i Te*
O ($1,000)
*,
lg
9
g
5
g
j
_
j
175,000
July
1,1928
)
Optional at 110 and interest.
erties o f the form er Brooklyn & Brighton Beach RR. Co., and has con
e ^ b e caUed at 1.10aft - ^ j nteregt at colonial Trust Co., N, Y.
verted it into an electric road. The company also then leased fo r the
L-nda can be issued only fo r new extensions to the extent of 50 per period o f 999 years the Prospect Park & Coney Island BR. (see terms
cJn+ nt oost and provided net earnings fo r the tw elve months precedS t h e issue w ere equal to 10 per cent on all bonds issued and proposed. under the latter), the N ew York & Coney Island RR. and the Prospect
Dividends —1
One p. c. qnar. since A pr.,1899, to andincluding Apr.,’02. Park & South Brooklyn RR. In Novem ber, 1899, acquired all the
c L minos—F or fiscal year ending June 30, 1901, gross, $46,617 ; stock of the Kings County E levated Railroad, which has since been
set Il6/t43; Interest, $8,750; taxes, $2,355; balance, surplus, $5,338. consolidated w ith the Brooklyn Union Elevated. In Feb., 1902,-pur
o L n —Operates 13 miles of track between Meriden and South chased property of South Brooklyn RR, & Term. Co. Y . 74, p. 479.
ington w ith a branch to Lake Compoun ce. Has trackage agreement
- In A pril, 1900, the Brooklyn Heights Company began suit against
ISKfM eriden Electric RR. by which its cars enter Meriden to centre
the Brooklyn C ity RR. to recover about $2,000,000 fo r failu re to fu lfill
©ity.
A crin rp e_President, Walton Clark; Vice-Pres., A . M. Young; See. obligations claimed to be imposed b y the terms o f the lease between
the tw o companies.
•s&dTreas.', Lew is L illie .—Y. 74, p.427.
C O N N EC T IO N W ITH L I N E TO H A R T F O R D
NORTHEAST SECTION
W E ST
OF THE
Connecticut Ry. and Lighting Co.
A.
I
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Lines over which Co. have trackage.
Projected Lines.
® Connections of Norwalk Tramway Co.
and Stamford Street Railroad Co.
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STREET RAILWAY'S
18
aSCUBITlES OUTSTANDING
STOCK A B o n o s - (Jutstandiny. Interest.
M aturity. A.tin. charge.
,$45,01K>,000|$ lOO)$43,000,000
............................ .
..........
l
5,000,000 4g J -J July 1.200**
(«)
fwili'/i
i VuV, ^
l eutral Trust < o., New York, Trustee.
(XX) ( f 1.1)00)
g °, ^c L’*
,.. (1
B’ kiy u K.T., g.,uu>rt,, > 6.970,000 5g A -O Oct. 1,1915
348,500
1895, #7,0oo,oo0., ij
Central Trunt Co., New Y o rk , trustee.
Brooklyn City KH. •
1st consol. M , 1891.
0,000,000 5
J-J JJaly 1, 1941
$300,000
B ’ ktyu Croesi. 1st M.
200,000 5
J J July 1, 1908
10,000
Cal. Coin. Ac (J.lst M.
200,000 0
J -U June 1,1907
12,000
New W. & FI. 1st M.
200,000 l^ s F -A
July l , 1941
9,000
O. A Lorluier 1st M.
125,000 6 il - N
M ay 1, 1910
7,500
Or. rt. * New. 1st M.
200,000 5 A -O Aug. 1, 1900
10,000
B’ klyn H. UK. 1st M .
250,000 5 A-O Apr. 1, 1941
12,500
B. 14 Co. a Bub. 1st M.
3,500,000 5g J -J ‘ July 1, 1941
175,000
H re t oonsol. inort f
2,884,000 5g M -N "July 1, 1941
144,200
guar, p.Al.lend.) s
Jam A B RR. 1st M.
240,000 5g J-J Jan. 1, 1930
12,000
Sea B'h Ky. 1st M., gu.
050,000 4g M-8 Sep. 1, 1910
26,000
Brooklyu Uu. F le v. 1 16,000,000 54g F -A Feu. 1, 1950
040,000
1st in o r t, guar
>
Central Trust Co., N ew Y ork , Trustee.
7,000,000 4 g .F -A Aug. 1,1949
280,000
iw w T T ,.
'V
Central Trust Co., N e w York, trustee.
Nassau E lectric HR j 10,476,000 4 g J-J
Jan. 1, 1951
419,040
Co. consoL nitge .
Guaranty Trust Co., N ew Y o rk , Trustee.
0 ‘u
Bonds guar, by end. by B r’ klyn H eights RR.
elu.UUv.UUU . . . . . . . J
1st iutge. bonds.........
660,000 5 A -O
Apr. 1, 1944
33,000
A t.A v e .ls t m tge ...
730,000 5 A -O Oct. 1,1909
30,500
“ Gen. M.g/91. 112,241,000 5g A-O Apr. 1, 1931
112,050
A 5 0 0 ^ o !io ! d . W . }
2 2 0 ,0 0 0 5 g
, ^ m ' a redJan 1’^ !
250,000 5
tB8 £ : S & L i i S * 9 7 }
,B ^ d * d i f i 8 9 6 M 1
B .B . AW . E. Genl. g .
250’000
5
J-J
Jan.
1, 1 9 3 4
1 1 ,0 0 0
JAJ
Jan.
1, 1907
12,500
A * 0 J a n / 1,1917
52-000 5 J & D
121,000 5g A A O
J a a ' 1’ 1 9 1 1
Oct. 1, 1933
12,500
2’6° °
6,050
Total Interest charges (on above $59,419,000 o f funded
debt outstanding June 30, 1901)................................... $2,631,940
Rental payments in addition to paym ent o f fixed charges—
B'klyn City RR. stock, $12,000,000 10% Q-J 15, 999 years. $1,200,000
B’klyn Union El. RR. Co. ten tal In addition to fixed ehgs.
150.000
Nassau Elect. KR Co.,$6,500,000. 4 p. c. pf. cum., 999 j rs.
260,000
Prospect Park & Coney Island R R ., yea rly re n ta l............
40,000
Brooklyn Queens Co. A Suburban ye a rly ren ta l................
20,000
Sea Beach R ailw ay Co. ye a rly ren ta l..................................
6,500
T o t a l..................................................................................
$1,676,500
T o ta l Interest charges and re n ta ls .................................
Less Interest on bonds owned and proportion of rentals
due B. R. T. Co. as ow ner of stock o f lessor companies
$4,308,440
N e t Used charges, entire system June 30, 1901...........
$3,571,529
736.911
* Subject to call Ju ly 1,1916.
t Subject to call at any time.
I Subject to call In 1916.
$ F iv e per cent a fter Feb. 1,1905.
IT A tla n tic A ve. general m ortgage 5s o f 1931 w ere subject to call in
1909, but many o f them (how m any is not known) have been stamped
releasing them from the liability to call.
(a) Not to be issued until July, 1902.
Stock—Stock authorized is $45,000,000; Issued $45,000,000. The
stock was form erly held in a votin g trust, but this term inated January
1,1900, and control is n ow vested in the owners o f the shares.
In the reorganization o f L o n g Island Traotion the old $30,000,000
stock paid an assessment o f $10 p er $100 share, the old stock being
reduoed to $20,000,000, and $7,000,000 o f 5 per cent bonds being
authorized, against $3,000,000 o f Long Island Traction.
The Rapid Tran sit stockholders voted Feb. 11, 1899, to increase
the stock from $20,000,000 to $45,000,000. V. 68, p. 185, 329.
In A p ril, 1899, stockholders w ere given the p riv ile g e o f subscribing
fo r n ew stock to the ex ten t o f 7% o f th eir holdings at par.
New Mot tgage f o r $/yc,oco,<xo.- Stockholders authorized March 20,
1902,“ General Con?olidated and C ollateral Trust M ortgage” for$150,000,000. $61,065,000 is intended to retire all the existin g bonds of
the system, and the rest fo r im provem ents, additions and n ew ac
quisitions, as needed from tim e to time. In M ay, 1902, $5,000,Ot 0
w ere sold to F lo w er & Co., these ca rryin g righ t o f conversion into
stock a fter tw o and n ot m ore than tw e lv e years from date. See V. 74
p. 377.
Bonds—O t the $7,000,000 50-year gold 5s o f the B rooklyn Rap.Trans.,
$1,875,0C0 took up collateral trust notes, $3,000,000 w en t to stock
holders fo r the assessm ent; balance fo r fu tu re requirem ents o f the
road. F o r description o f p rop erty covered b y the m ortgage see V. 62,
p, 1138. See also application in Y . 67, p. 904.
Brooklyn City R R . m ortgage o f 1891 is fo r $6,000,000 and is a first
lien on the old Brooklyn C ity road and a consol, lien on the lines
acquired by consolidation in 1890. O f the $6,000,000 issued, $4,373,000 are in the hands o f the public and the balance is held in the
guaranty fund.
The tota l authorized issue o f first consolidated m o rtgage gold 5s of
the Brooklyn Queens County & Suburban R R . is $4,500,000, o f w hich
$1,616,000 are reserved fo r extensions, on which th ey w ill be a first
lien. Of the $2,184,000 outstanding, $2,255,000 in 1898 w ere en
dorsed w ith the guaranty o f the B rooklyn H eights R R . Co. as to p rin
cipal and interest, and in January, 1899, provision w as made fo r
guaranteeing the rem ainder on the paym ent o f ten dollars per bond
Both B. Q. C. A S. loans are subject to call in 1916.
The 8ea Beach Ry. 1st 4s also are guaranteed as to princip al and in
terest b y the Brooklyn R apid Transit Co.—V. 65, p. 1219.
Th e Nassau E lectric bonds are guaranteed (by endorsem ent on each
bond) b y the .Brooklyn H eights R R . Besides coverin g the m ileage
d irectly ow ned th ey are a lien b y a supplem ental agreem ent upon the
stook o f the Coney Islan d A Gravegpnd R y. and the Sea Beach Ry.
and W ill becom e a direct lien on these lines as soon as th ey have been
form ally m erged in the Nassau E lectric. O f the total o f $15,000,000
bonds authorized the unissued rem ainder is reserved fo r p rio r liens.
See listin g application in Y. 72, p. 342.
M
i l e a g e —T
he s y s te m in c lu d e s
1st
Track
Slim e —
•59
Brooklyn H eight* KIt ...................
I B roo k lyn ! lty KR ............ . ........ . 103 90
24*15
Brooklyn Queens Co. A Hub. K R .
Nassau Electric RK. .................... . 0177
| 8ea Beach R a ilw a y .......... .............. . 6 17
3 16
| Coney Inland A Gravesend K y ......
Prospect Park A Coney Inland KK
9 76
Brooklyu Union E levated K K —
H e va ted liues............................... . 28'70
8 30
Surface lines ..
____
1-30
1 N. Y. A Brooklyn Bridge H R .......
Trackage on C. I. A Brooklyu R R .. . 1-53
Total
id
S it Tv urk. tnyt.de. mites.
•59
080
1 200
3 479 205-987
98 » 08
*] 9
47244
22 90
01 44
0-88
13009
13-924
617
1-57
3 16
•11
6-433
7 90
25 07
7-35
28-70
6 30
1 30
•84
10 424
33 l
100
07-824
19 91
3 CO
2-37
T o ta l miles operated . . . . . . . . 249 33 239975 34-406 523 718
Franchises unbuilt (a b ou t)...................... .
...................... 175-00
E q u ip m e n t June 30, 1901.—S u h t a c * LiX E s-C loaed care, 1,149;
open cars, 1,333; m ail, freigh t, snow plows, sweepers, A c , 180—total,
2,668. E l e v a t e d L in e s —Closed oars (m otor), 98; closed cars (other
than m otor), 486; open cars (other than m otor), 69 ; freigh t and coal
cars, 20—total, 679. Grand total cars, 3,347 Locom otives, 128.
The company on M ay 29, 1900, increased the fare to Coney Island to
10 cents on the Sea Beach and Culver lines, the extra fare being col
lected at 2 2d A ve. In July, 1900, the A ppellate Division o f the Su
preme Court sustained the right to collect the extra fare. See V. 71,
p. 181. Only one fare is charged from 39th Street F e rry or H am il
ton Ferry to the Island.
R e p o r t —T he annual report fo r 1901 w ill be found in V. 73, p. 781
and 854. The method o f operation Is to have all the railroad com pa
nies leased to the B rooklyn H eights Railroad Company, which Is the
operating company, and the income o f the Brooklyn Rapid Transit
Company consists o f the surplus profits of the Brooklyn Heights Com
pany, and such moneys as it m ay receive from the stocks and bonds
held by it. The table below gives the statement o f the Brooklyn
Rapid Transit and constituent companies. Th e operations o f the
K in gs County E levated are not included for the first quarter o f the
fiscal years 1899-1900 and 1898-1899.
INCOME ACCOUNT BROOKLYN RAPID TRANSIT AND CONSTITUENT COM
PANIES— YEAR ENDING JUNE 30.
Receipts—
1901.
1900.
1899.
Passengers........................ $11,718,942
$10,793,984
$11,206,716
Freight, m ail and express.
58.394
61,305
36,791
A d vertisin g.......................
122,501
108,783
109,487
Rents..................................
167,821
167,253
140,811
Other miscellaneous in c..
224,493
234,960
67,901
T o ta l............................ $12,135,559
Expenses—
Maintenance o f w a y ........
$378,800
Maintenance o f equipm ’ t.
891,986
Operai ion o f pow er plant.
1,019,686
Operation o f oars............
3,309,182
General expenses............
458,761
Damages and legal ex p ’ es
1,157,593
T a x e s ................................
754,626
$11,768,550
$11,316,033
$415,729
882,183
964,665
3,551,476
379,0 i8
913,292
*736,721
$374,947
983,216
918,749
3,593 367
? 1,321.012
636,635
T o ta l............................
$7,970,634
$7,843,094
$7,857,926
Net earnings.....................
Fixed charges (n e t).........
$4,164,925
3,587,122
$3,925,456
3,398,684
$3,458,107
3,659,988
Surplus or d eficit......surp.$577,803 surp.$526,"72
def.$201,881
* Includes an allow ance fo r franchise tax.
L a t e s t E a r n in g s - F or the B rooklyn Rapid Tran sit Company:
10 mos. end. A p ril. 30—
1901-02 (489 m ile s)..................... Gross, $10,468,072; net, $2,978,178
1900-01 (489 miles) ......................Gross,
9,844,598. net, 3,321,865O ffic ers —President, J. L. Greatsinger; Chairman of Board, A . N.
Brady; Vice-Presidents, H orace C. Du Val and T. 8. W illiam s; Secre
tary and Treasurer C. D. M en ed y; Assist, to President J. Caldeiwood;
Com ptroller, W . B. L ongyear; CUnton and M ontague sts , Brooklyn.
DIRECTORS—J. L. Greatsinger, A ugust Belm ont, H orace C. Du ValH. H. Porter. Tim oth y S. W illiam s, John G. Jenkins, E H. H arrim an,
Anthony N. Brady, H en ry Seibert, W a lter G. Oakman, D avid H . Valen,
tine, A. R. Flow er, R. Somers Hayes.
IN D E X -V . 70, p. 75, 125,175, 229,328,329.429,531,840,944,1048,
1248, 1290; V .7 1 ,p . 28,83,18 1 ,3 3 8 ,4 9 1 ,8 6 2 ,9 1 3 ,1 0 1 2 ,1 2 1 8 , 1 2 6 7 ,
1268; V. 72, p. 183, 240, 337, 342, 437, 580, 626, 775, 987, 1034,1186,
1278; V. 73, p. 31, 82, 390, 494, 553, 722, 78 1, 8 5 4 , 899, 1111, 1263;
V . 74, p. 204, 377, 477, 629, 935, 1088,1138. .
Companies Controlled by Brooklyn R a p i d T ra n sit Company.
( l ) B R O O K L Y N U N IO N E L E V A T E D R R .—F o rm erly a steam road
now electric.
O r g a n iz a t io n —Organized in January, 1899, as successor o f the
Brooklyn E levated R R . and its allied lines per p l a n in V. 64, p.
6 0 9 . A ll the old m ortgages w ere foreclosed and the properties w ere on
Feb. 16,1899, transferred to this company. On M ay 24,1900, acquired
all the stock of the K iu gs County E levated R ailroad and was con
solidated w ith it. The K in gs County had previously absorbed the Sea
V iew R R. The K in gs County El. R R . was a reorganization a fter sale
at foreclosure on Ju ly 6, 1899, o f the Old K in gs County E levated R a il
w a y and the Fulton E leva ted R a ilw a y. The foreclosure was in accord
ance w ith plan in V. 68, p. 724. The Brooklyn A B righ ton Beach R R .
has also been m erged in the B rooklyn U nion E levated.
Lease.—On A p ril 1,1899, road was leased to B rooklyn H eights RR.
Co. fo r one year fo r $100,000 and fire d charges, organization expenses
and taxes. Provision al leases w ere then m aintained until Ju ly 1 ,D 01,.
when a lease fo r 999 years was made. The lessee agrees to pay organ
ization expenses, ta x es and fixed charges, and as rental all n et ear uings, such net earnings not to be less than $150,000 per annum the
first three years, $200,000 the n ex t tw o years and $250,000 per an
num thereafter. Lessee also agrees to guarantee, principal and in ter
est, all bonds o f the Brooklyn U nion and K in gs County Elev. R R. Co’ s,
the guaranty to be stamped upon the bonds upon presentation. In
Feb., 1902, began stam ping bonds w ith guaraniee. See Y- 74, p. 204.
STOCK a n d B o n d s .
Date. Interest. Outstand'g. M a tu rity , etc.
Com. stock, $13,000,000............................. $13,000,000
........... '
Pref. stock, 5% non-cum.,
5.000,000
June
30,
’02,1
$5,000,000
1 rts Mt „" $16,000,000
-----g „ 4% I , Rqq 5 '4 to 5 g . ) 16,000,000 Feb. 1, 1950
A A
till ’05,then 5% ($1,000) 5 is y y j F.
, gs County ™
ated j
K in
E levated
1899 4 g. F A A
7,000,000
Aug. 1,1949
ls tm ., gold, $7,000.
f $ i, 0 0 0 R . ~ ^ .V r ^ .’: 0*
rtcV
$ In
0c ° 5
] te re s ta t C entral Trust Co., N. Y ., Trustee.
1....
Both Issues o f bonds are listed on N. Y . Stock Exchange.
On June 30. 1901, the Brooklyn Rapid Transit owned $12,299,972
edmmon and $4,714,253 pref. stock o f the Brooklyn Union Elevated.
STREET
RnAD—The Brooklyn Union embraces 67 82 miles o i single track
elevated road and 19'91 miles o f single track surface lines The New
York and Brooklyn Bridge lias 3'60 miles o f track in addition.
On July 1 1898, the operation o f the Bridge railroad was commenced.
See terms of contract in V. 67, p. 27, 426. In A pril, 1898, an agree
ment was made with Long Island HR. providing fo r Joint construction
o f connecting line at East New Y o rk and running o f through trains
from Jamaica to Brooklyn Bridge and from Rockaw ay Park to Broad
w ay ferries. Construction begun in N o v., 1898, and work completed
In February, 1899 V. 67, p. 1054.
D ividends —The first dividend o f 2 p o on the preferred stock was
paid June 29,1901; In 1902, June 30, 1 p. c.
A n n u a l R e p o r t — N o w Included in Brooklyn Rapid Transit.
O fficers —President, J. L. G reatsin ger; V ice-President, T. 8.
Williams; Secretary and Treasurer, C. D. M en eely.—V. 70, p. 229; V.
71, p. 340; V. 7 2 ,p. 1034, 1279; V. 73, p. 390, 899; V. 74, p. 204.
( 3 ) NASSAU E L E C T R IC R A IL R O A D .—A tro lley road.
O r g anizatio n —Chartered March 13,1893, under the laws o f N ew
York. Opened in July, 1895, and In A p ril, 1896, leased the A tlan tic
A ven u e RR., etc. Cars commenced running o ver the Brooklyn Bridge
Fob. 15, 1898—see V. 66, p. 383. A s stated above, the Rapid Tran sit
Company owns the whole $8,500,000 common stock o f the Nassau
E lectric and $6,052,000 out o f the $6,500,000 preferred stock.
L e a s e —A p ril 1,1899, the Nassau was leased fo r one year to the
Brooklyn H eights RR. and Feb. 13, 1900, a lease fo r 999 years was
made from A pr. 1, 1900. U nder the lease the H eights Company w ill
pay all fixed charges, taxes and organization expenses o f the Nassau
Company, and iu addition a ll n et earnings from the property leased,
the la tte r to be not less each year than 4 per cent on the $6,500,000
outstanding Nassau preferred stock
The Nassau E lectric R ailroad owns the entire amount o f stock
($650,000) o f the Sea Beach R ailw ay; also en tire stock ($35,400; of
the Coney Islaud & G ravesen d Ry.
The Nassau Electric under
w en t re-capitalization In 1898—see V. 66, p. 39,183. The assets o f the
K in gs County T raction Co. w ere purchased at public sale in July, 1898,
by the syndicate conducting the consolidation
V. 67, p. 74, 125.
C ertificate o f m erger o f A tla n tic A v e . RR. and U nited RR. (the latter
being successor to the B rooklyn Cable Company sold at foreclosu re
Dec. 23, 1897) was filed on Jan. 26, 1899. V. 68, p. 283, 821.
R t o c k & BONDS—
Dale.
Interest. Outstand’g.
M a tu rity
Common stock, $8,500,000
---....
$8,500,000
---P r e f. 4 p. c. cum,$6,500,000
___
___
6,500,000 Nov./y,’01,4%
Bonds—F o r details see R apid Transit statem ent above.
ROAD—Owns 130 09 miles o f single traok; also owns the stook o f
th eC o u ey Island & G ravesend (6 43 m iies) and the stock o f the Sea
Beach R a ilw a y (13-92 miles); tota l track, 150 44 miles.
A tlan tic A ve. R R. (n ow part o f Nassau E lectric) owns the double
track steam road from Jam aica to Flatbush Avenue Station in Brook
lyn, 98 j m iles (19 miles o f traok), which is leased fo r 99 years from
June 1,1877, to the Lo n g Island RR.Co., affording th a t com pany en
trance into the City o f B rooklyn—rental, form erly a percentage o f re
ceipts, was changed in 1895 to $60,000 yearly. V. 61, p. 828. L iti
gation has arisen with L a n g Island R R w ith reference to use o f A tla n
tic Avenue. See V. 74, p. 1139.
DlVlDEND-First dividend under lease was paid Dec. 31, 1900,
nam ely, 4 per cent; next (4 p. o.) N o v. 15, 1901
L a t e s t E a r n in g s —Earnings are now included In those o f Brooklyn
R a p id T r’ nsit.—V. 70, p. 125, 328; V. 71, p. 1220, V .7 2 ,p . 240, 339,342.
19
RAILWAYS
VAN
BRUNT
STREET
&
E R IE
B A S IN
R R . —A trolley road.
O r g a n iz a t io n , E t c .— Chartered Feb. 15, 1861. stock, $200.ooo-,
all Issued; par, *10. Dividend. 1901, 4 per cent. Funded debt, $65,000. Track, 3 miles, changed to electricity In 1898.
OFFICERS — Secretary and Treasurer, W yliys Terry. Office, 264 Van
Brunt Street, Brooklyn, N. 5’ .
B U F F A L O , N. Y.
P o p u l a t i o n 1900 w a s 352,387; in 1890 w a s 255,664;
a n d IN 1880 w a s 155,134.
BUFFALO
A tro lley road.
HAMBURG
& AURORA
R.Y.-
RECEIVERSHIP—August 1 9 .1901,Geo. W . Houck o f W orcester, Mass.,
was appointed receiver. V. 73, p. 390. Iu Sept., 1901, $10,000 re
ceiv er’s certificates, w ith p riority o ver the bonds, w ere authorized.
ORGANIZATION— Incorporated in 1898. Stock, $400,000; 1st m ort
gage 5 per cent 25-year bonds authorized, $400,000; outstanding,
$307,500; Buffalo Loan Trust & Safe D eposit Co., trustee. The 15
miles to Hamburg and Orchard Park w ere put In operation on Oct.
6, 1900.—V. 71, p. 235; V. 73, p. 82, 390, 615.
B U F F A L O & W I L L I A M S V I L L E E L E C - RY-
O r g an izatio n —Chartered Aug. 10, 1891. Stock, $75,000; on which
dividends o f 5 p. c. w ere paid in 1901; no bonds. Operates 5% miles of
track. Buffalo to W illlam sville; 56-lb. to 60-lb. rails. An extension
from W illia m svllle to Rochester is i ^ w under construction.
E a r n in g s — For fiscal years ending June 30:
1901....................................... Gross, $13,918; net, $5,362;
taxes. $792
1900..........................................Gross, 12,029; net, 4,181;
taxes, 532
1899........................................ Gross, 11,459; net, 4,243;
taxes, 503
OFFICERS—President, Geo. L. L e w is ; Vice-PreB., E. C. Longnecker;
See., S Mann, L. L. G rove, G eneral M anager and Treas.
I N T E R N A T I O N A L T R A C T IO N CO.-Trolley.
O r g a n i z a t i o n — O rganized in 1899 under N e w Jersey laws, and has
acquired all the electric ra ilw a ys connecting the cities o f Buffalo,
Niagara Falls, Lookport, N orth Tonaw anda and Tonawanda, together
with all the street ra ilw a y systems in all o f said cities; also the elec
tric ra ilw a y connecting the villa ge s o f Depew and Lancaster w ith
Buffalo. It has also acquired the Canadiau E lectric R ailw ay, t r a v
ersing the entire length o f the Queen V ictoria N iagara F alls Park,
and connected it with the A m erican system by the acquisition o f the
steel arch bridge at N iagara Falls and the Suspension B ridge between
Queenstown and Lew iston, which bridges have been equipped w ith
tro lley tracks.
STO CK & B o n d s —
Date. Interest. Oulstand'g.
M a tu rity.
Stock, common, $10,000,000........................... $10,000,000
..............
P rf.,4 p.c.cum., $5,000,000 .......................
5,000,000
..............
C ollateral trust, $30,000,000 f 1899 4 g .,J -J
14,715,000 Ju ly 1, 1949
($1,000), gold, c*. In terests G uaranty T ru st Company, N ew York,
at agency in N ew Y o rk .
( Trustee.
M ay he called at 110 and interest on any interest date.
$11,428,000 o f the bonds outstanding and 80 p. c. o f pref. stock are at
present represented by $10,000,000 J. P. M organ & Co. trust certifi
cates, each certificate carryin g its proportionate share o f bonds and
preferred stook. These certificates ga ve the firm a practical option on
the securities until Sept. 1, 1901, and this has been extended fo r
( 4 ) PR O S PE C T P A R K & C O N E Y IS L A N D R R .—A tro lle y road.
another year. See V. 71, p. 1269. O f the $30,000,000, $12,285,000 were
ORGANIZATION—C ontrolled by L o n g Islan d R R ., but on June 17, reserved.' b y the terms o f the collateral trust indenture to take up all
1899, the B rooklyn R apid Tran sit Co. took possession under a lease for underlying bonds o f the allied and controlled companies then out
999 years to the B rooklyn H eights R R . and equipped the road elec standing, and $5,000,000 w ere reserved fo r future betterm ents, im
trically. (V. 68, p. 1224; V. 69, p. 654.) Rental is $40,000 per annum provem ents, etc., a part o f which has been used fo r that purpose.
and expenses. In consideration o f a guaranty by L o n g Island RR.,
Consolidation o f Constituent Companies.—In Feb., 1902, the Interna
annual interest on the greater part o f P. P. & C. I . ’s bonded debt has tional R a ilw a y Company was incorporated w ith $10,120,500 stock (all
been reduced from 6 and 7 per cent to 4 ^ per cent. 8ee V. 56, p. 42; owned by the International Traction Co.) as a consolidation o f the
V . 62, p. 187.
fo llo w in g companies, whose shares had previously been held by the
T action Co.; V. 74, p. 427:
Sto ck & B onds—
Date.
Interest. Outstand’g. M aturity.
Buffalo R a ilw a y (a fter Buffalo Traction and Buffalo B ellevu e &
S to ck ................................................................... $250,000 ...................
2d
now 1st ($1,000)
1886 4ifl F. & A.
340.000 Feb. 1, 1926 Lancaster had fir.vt been m erged in the same).
Buffalo & N iagara F alls E lectric Railw ay.
each ), c.* & r .............. 5 1886 6
F. & A.
160,000 Feb. 1,1926
3d M. (now 2d), g o ld )
1891 4>sg. M .& 8.
96,000
M ar. 1,1931 Buffalo & Lookport R a ilw a y (a fter Elm w ood A v e . & Tonawanda
($1,000 each), c.* & r. s 1891 6g. M. & S.
104,000 Mar. 1, 1931 E lectric R a ilw a y had been merged).
Buffalo Tonawanda & Niagara F alls E lectric R R .
Interest on above m ortgages payable at U. S. Mort. & Tr. Co., N. Y .
Lockport & O lcott R ailw ay.
Incom e bonds,non-eum.....................................
250,000 M ay 1,1920
N ia g .ra F a lls <fe Suspension Bridge R ailw ay (a fte r the N iagara F alls
R. E. M „ June 30. 1901.....................................
29,766 ....................
W hirlpool & Northern had been m erged in it).
B ills paya’le June 30/01 ........
430,500 ....................
Niagara F alls Suspension Bridge Co.
R oad —Embraces 25'07 miles o f single track.
Th eB u ffalo R ailw ay owned the $2,360,000 stock o f the Cross-Town
E arning s .—N ow included in those o f Brooklyn R apid Transit. The Street Ry. o f Buffalo, and this passed to the International Railway.
A re now preparin g to m erge the N ia gara F alls Pa rk & R iv e r Ry.,
Prospect Park & Coney Island received as rental from B rook lyn
H eights in 1900-1901 $40,000; rental o f buildings, $1.6,239; total, the C liitou Suspension Bridge Co., the Lew iston Connecting Bridge
Co. and the Queenston H eights B ridge Co., through purchase by the
$56,289; interest, taxes, &c., $73,295; deficit, $17,006.
In tern ation al R a ilw a y Co. This w ill lea ve the Crosstown S treet Ry.
Co. and the In tern ation al R a ilw a y Co. as the only operatin g comuaCON EY ISL A N D & B R O O K LY N R R nies and even tu ally the Orosstown S treet Ry. w ill also be m erged,
ORQANIZATION—Chartered Dec. 10, I860. Cars comm enced running thus lea vin g the Iu teruational R ailw ay Co. the sole operatin g com
o v e r the B rooklyn Bridge Feb. 15, 1898. See V. 66, p. 383.
pany, and the International Traction Co., the holding company. A ll
Brooklyn City & N e w to w n was leased in N ovem ber, 1897, fo r 999 the stock o f the International R a ilw a y and $60,000 bonds o f the Tona
years,an d in 1900 was m erged into the Coney Is la n d & Brooklyn.
wanda Street R a ilw a y are pledged as security fo r the In tern ation al
STOCK & B o n d s .— Date.
Interest.
Outstand’g. Last div., c6c. Traction collateral trust loan.
Btk.$2,000,000(p.$100)..............
Q.—F.
$2,000,000 M a y ,’02,4%
L ie n s o f O w n e d C o m p a n ie s.
STO CK & B o n d s — Date. M iles. Interest. Outstand’g.
M a tu rity.
^ J l 0 0 0 ^ ’ ' 0Ur’ ’ ° ’ i 1833
5
J _J 300,000 Ju ly 20,1903
St R v 2d M ^ 1875 . . . . 6&7 J-J
650,000 Ju ly 1,1905
’ Trustee, Brooklyn Trust Co. In t. at M echanics’ Bank, B rooklyn. Rnffalo
tsuttato bt. tty. zq ju. ^
ls payable at Nat. Bank o f Commerce. N. Y .
C ert»o fin d eb t.($1,000) 1895
5
J.-J.
$400,000 Ju ly 1, 1903
7 J -D
300,000 June 1,1904
F irst consol, m ort., ( 1898
4g. J.-J.
1,300.000 Ju ly 1,1948 Buffalo E. Side 1st M. ( 1874 ---( In t. is payable at Company’s office, Buffalo.
$2,000,000, g o ld ... M ercantile T rust Co., N. Y.. Trustee.
M
<
1882
.
.
.
.
6
M
S
293,500
Sept.1,1912
B ’kln G ity & N e w to w n ) 1889
5
J.-J.
$2,000,000 July 1.1939
do do
( I n t is payable at Com pany’ s office, Buffalo.
1 st M., $2,000,000.. 5 In t. at M ercantile Trust. Co., N. Y ., trustee.
1 at Con M fSl 0001 C 1891
67 5 g. F - A
3,756,000 Feb. 1,1931
R .E .m o r t s ..........................
........
$191,605
......... .
$5 000 000trld ’e-.tr
Trust
Y „ trustee.
$D,ooo,uoogia.c
A r ]^ M
m ercantile
t i8 payable
at Co.,
Co.8.N.offlc6i
Buffalo.
O f the $2,000,000 4s o f 1898 $300,000 are reserved to take up the
1st 5s and $400,000 to retire the certificates o f indebtedness.
Buff. Ry. debe’ tures, 1 1897 ___ 6 g. A - O 1,000,000 A p r. 1, 1917
$1,000,000, g.,red . I Trustee, M etropolitan Trust, N. Y .
R oad —B rooklyn to Coney Island, w ith branches, 13% m iles; B rook
at 105 after A p r. 1, [ Secured b y deposit o f $2,000,000 stock o f Crosslyn City & N ew to w n RR., main line and branches, 9 85 miles; trackage
1902 ($500.$1,000) J tow n S treet Ry.
rights, 2-27 miles; second track and sidings, 23-63 miles; to ta l o p er
Buff. Ry. R. E m tg....
$150,000
ated, 49-50 miles.
......
100,000
B eginning M ay 5, 1901, fare to Coney Island on Sundays and h oli Buff-. To a. &N. F. Ele o........... .....
Crosstown R a ilw a y—Guaranteed bonds.
days was increased from 5 to 10 Cents.
1st
73 5 g. M -N
.. M. g., ($3,000,- J 1890
2,974,000 M ay 1,1930
D ivid e n d s —I n 1895, 6 per cent; in 18 )6, 5 per cent; in 1897, 6 p. c.;
000), gu. p .& i.o ' In t. at M etropolitan Trust, N. Y . C ity, trustee.
in 1898.
per cent; V. 67, p. 955; in 1899; 10 per cent; in 1900,10
Buffalo Traction 1st ( 1898 ___ 5 g. J-D
673,000 Dee. 1,1948
per oent; in 1 9 0 1 ,1 3 ^ p. c.; in 1902, Feb., 4 p. c.; May, 4 p. c.
tn o rt...$5,000,000 (T ru stee, M etropolitan Trust Co,, N e w York.
LATEST E a r n in g s *—
Gross.
Net.
Oth.inc. Charges. Surplus. Buff.Bellev.& Lan.M . 1897 ___
5 J-D .
215,000 J u n el,1 9 2 7
N in e months, ) 1902.$,1079,850 *400,435 $1,739 $210,411 $191,813 B u ff.& N ia g a ra F a lls ) -,00=
5 g. J-J
750.000 J u ly 1^1935
Plon
B
r
_lo
t
\f
l
lOBB
July 1 to M ir. 31 5 1901. 1,032,331 420,663 23,047 298,642 145,068
$750 OX) goW M ’o ) I n t - at M ercantile Trust Co., N ew York.
E a r n i n g s —F o r years ending June 30 (including the B. C. & New175,000 Ju ly 1, 1921
2d M., $250,000,g.,1 1896 ....
5 g. J-J
tow n ), the earnings w e r e :
s. f., red. aft. 1901 (In te r e s t at M ercantile Trust Co., N e w Y ork ,
12 »ios.
Gross.
Net.
O th .in c. In t., taxes, etc. Bal.,sur.
at 105, $ 1 ,0 0 0 ...0 ) Trustee.
1900-1...$1.45^.196
$618,004
$13,071
$270,504
$360,571
Buff. & Lookport 1st ( 1898 ___
5 g. J-J
500.000 Ju ly 1,1938
1899-0... 1,333,052
509,770
60,680
397,332
173,068
M., g., $500,000... (
Colonial Trust Co., N9W Y ork , Trustee.
5 J-J
800,000 Ju ly 1.1920
O f f ic e r s — President, John L . Heins; Treasurer and Secretary, Dun Lockp. & O lcott R y. ) 1900 ___
1st M., $1,000,000 > Int. at M orton Trust Co., N. Y ., Trustee; also at
can B. Cannon; Superintendent, D. W. Sullivan.
gold, $1,000___ c*o Buffalo. Guar., p. and i., b y Internat. Trao’n.
Office, D eK alb and C entral A ves., B rooklyn.—V. 72, p. 133.
X
X
STREET RAILWAYS.
'i \>
IDS- Bate. M lit*. 2at&T&tl
m i» ) 1893 . . .
tig. J J
pl'iittl u
le t wort.
K lw ', i Fall
Oultuutidf y.
M a tu n ly . j
$51 s.Ooo July X, 10u,j
K ) . , In t e r e s t a t T h lr d N a t io n a l f ie u k i H ill! a !o
i i i ■-'/ (. t i i t a ’ c z , l U . 1 i d ' : l i l y
i I. X ' iu a ! lU - jis u f lu io
w h ir )
',500 July 1, 1903
(u-i iile t ’ 1894
5J-J
XL, jeoiii fCIOJHH) >
900,000 Jan. 1, 1928
tiim t F. 8u ;i. hdg. I 1897 . . . . 8 g. J-J
Bridge i
Toronto G eneral Trusts Co., Trustee.
C lifu
L e w . Cou ’ k Bfig Co. I 1898 ___ 5
A O
125,000 Oct. 1,1028
out ins. Ht». Ur. Co. s
Toronto O eiierai Trusts Co,, Trustee
1u.;at'a Fails Park i
NO
& E lver le t more., f 1803 . . . .
5 J-J
800,000 Jan, 2, 1914
Canadian ourPnoy >
l at t st E a r n in g s —F or nine months ending M areii 31.
9 mo*
tiro * -.
ft el
Ol/i- iruome. h iXfit c/iitrge*. B al ,»u r v
lW01-o2.$3,084,291 $1,8 7,122
$125,930
$888,40« $1,077,648
10004)1. 2 ,169,976
1,067,805
80,032
757,570
390,357
R e po r t - Fur fiscal year eiuliug J une 30:
1901.
1900.
I
1901.
1900.
G ross.,....$3,092,01 6 $2,545,740 [ T otal net,.$1,614,795 $1,272,648
S et...... . . 1,504,609
1,197,012 j Charges... 1,030,435
901,336
Oth. m o ...
110,186
75,636 |Surplus...
584,360
371,312
R o a d — Operates about 350 miles o f track.
O ff ic e r s of all operatin g companies—President, W . C aryl E ly; VicePresident, 1). 8. Earnout; Secretary and Treas., Richard F. nankine;
Gen. M anager, Tho*. £ . Mitten.
Executive co m m itte ..—Charles Steele, Francis L yn de Stetson, D an
iel 8. Lam ent and \Vm. B. R ankm e o f N ew York; W C aryl E ly and
Burt Van H e r n ot Buffalo; and T De W itt Cuyler o f Philadelphia —
V. 68, }.. 524, 571. 1021; V. 69, p. 229; V. 71, p. 1120, 1269; V. 73, p.
336; V. 74, p. 316, 427.
OFFICERS o f In tern ation al T raction Co —President, B. W . Franklin;
Secretary, Cliaa. M acVeagh; Treasu re!, Richard F. Rankme.
g,
B U R LIN G T O N , IO W A .
P opulation 1900 was 23,201; in 1890 was 22,565;
AND IN 1880 WAS 19.450.
B U R LIN G T O N
R A IL W A Y
& L IG H T
CO-
E G i f P T E L E C T R I C C O M P A N Y —A u tility road.
O r g a m z a t io n
:i
■mi t-. iicicu c 1 1
Co., sold uuaor foreoiusurc sale lo b , 19, 1800, to Eltt ijoudhohlei-,
lo u r m iles o f Iraek
lu Clt> of Cairo. A.1-U furnishes electric pow er anti lncau.ticocnlM
lightiug 8to. k, 840.000, bolide, iiuuc ClOer <:a: i,lit - c, 1899, ’ 10,
0GO; iict, none. —V, t ij, p. 384,
O ffic ers President. Win Kluge; Vlee-Prcst., liy . H anm jaeger;
Secretary ife Treas., C. V. Nett.
CALAIS,
ME.
P o p u l a t io n 1900 w as 7,655; in 1890 w a s ,200;
a n d IN 1880 WAS 6,173.
C A L A IS
S T R E E T
R A I L W A Y —A tro lley road.
O r g a n iz a t io n -Stock, $loO,OOU; first m ortgage, ls94, 5s, J&J.
$100,000 due July 1, 1018. Current liabilities, June 30.1901, $13,435.
Y ear ending June 30, 1901, gross, $24,376; net, $3,033; interest
and taxes, $5,629, deficit, $2,596. In lKOo, gross. $24,360; net,
$3,957; interest, taxes, dzo., $5,680; dencit lo r year, $1,723.
R oad —Oalai Street R a ilw a y, lo w er w harf to upper bridge, Calais.
4 miles; St. Stephen E lectric St. Ry. MUltown, N . B., to St. Stephen, N.
B., 3 m iles; total, 7 miles. The St, Stephen E lectric S l Ry. Is a separ
ate corporation, but is owned en tirely by the Calais conrpany.
O ffic ers —P res., G eorge A. Currau; Treas., 0. W. Young, Calais, Me.
C A M D E N , N. J.
P o p u l a t io n 1900 w a s 75,935; 1890 w a s 58,313;
a n d in 1880 w as 41,659.
S O U T H J E R S E Y CAS, E L E C T R I C & T R A C
TIO N C O -ORQANIZATION—In corporated in 1900 to bring under one control
the gas, electric ligh t and tro lley interests in Southern N ew Jersey.
Has absorbed the Camden Gas-Light Co., Camden Gas-Light A Fuel Co.,
Camden A Burlington Gas & E lectric Co., East Side Gas Co., Gloucester
City Electric-Light Co., the Consumers’ Gas Co. of W ood m ry,
the W oodbury fcdeetric-Light & Pow er Co., Trenton Gas & E lectric Co.
and the Camden L igh ting & H ea tin g Co. The company includes the
entire gas and electric ligh t interests o f the city o f Camden and of
M t.H olly, W oodbury, M erchantville, Trenton, Gloucester, Mnorestown
and Haddonfield. In May, H O I. also purchased the plant o f the Glou
cester C ity Gas L lg n t Co. V. 72, p. 989. Company is building 100
O ito-Iloflm an coke ovens at Camden to supply gas b y pipe lines to
Camden, Trenton and outlying disti Sets On Feb. 13,1902, purchased
entire capital stock of the Burlington Gas L igh t Co. and R iv e r Shore Gas
Co., g iv in g control o f the gas interests in Palm yra, R iverton, Riverside,
Delanco, B everly ,E d g ew a ter Park, Burlington and East Burlington
Has also acquired the entire capital stock o f the Camden Gloucester
& W oodbury R a ilw a y A ll the la tte r’ s 1st m ortgage bonds h a -e been
turned in and canceled. The corporate existence o f the ra ilw a y is,
for legal reasons, m aintained, but it is ox>erated as part o f the property
o f the South Jersey Gas, E lectric A T raction Co.
STOCK & B onds — Bate.
Interest.
Outstand’g.
M a tu rity.
.................
Stock, $6,000,000 /
$5.Ss9,000
1st M., $6,0u0,000}
1900
5g M-S
4,095,500
Sept. 1, 1950
($1,000).. ..gold e‘ > In t. at F id e lity Trust Co., N ew ark, N. J., Trustee.
Tri U t0M
non1' (
1899
5g. M-S
2,000,000
March 1,1949
000 g ($ i o o o )’ 5 111! 6168! at Colonial Trust- Co., N. Y ., Trustee.
A ll the assets, franchise* and good-w id o f the Burlington t y . &
Eight Co. have In en purchased by the P eo p le’s Gas & E lectric Co. of
Burlington. See V. 74, p. 1307.
O r g a n iz a t io n —A consolidation o f Burlington E lectric R y., Burl
lngton Gas & Fuel Co., Burlington Steam Supply Co. and Burl. Elec.
L ig h t Co. in 1897. V. 64, p. 329. In M ay, 1899, purchased the Bur
lin gton Gas L igh t Co., paying, It is reported, $200,000.
St o c k & Bo n d s —
Bale. Interest Ontstand’g. M aturity.
Stock, $1,250,000.............................................. $1,100,000 ...............
1st M „ $750,000 ($500, &c.). 5 1897 5g. A -O
625,000 Oct. 1,1917
r e d .a fi.ju ly l,’0 2 ,atl0 5 ,g,o * ( In t. at Am erican L.A T,B oston ,tru stee,
Bonds are guar. w in . and int, b y endorsement b y P eo p le’s Gas &i
E ie c tiic Co. o f Burlington, and tbe latter In s made a trust deed to se
cure the guaranty; $125,< 00 reserved fo r extensions and betterments.
R o ad —T otal track 13 l2 miles tr o lle y ; 48 and 66 lb. T rail. A n ex
tension of 4 miles to West B urlington under construction. Operates 22
m otor and 25 tra il oars.
E a r n in g s —F or yea r ending Dec. 21, 1901, gross, $169,940; e x
penses, including taxes and Insurance, $108,930; net, $61.< 10. In
1900, gross, #H 3,109; expenses, including taxes and insurance,
$112,417; net earnings, $50,692,
......................
w o **
..............
O ffic e r s —P resident, G. H . H igb ee; Secretary, E. C. Walsh; Treas.,
J. T. Rem ey.
Bonds— Of the $6,000,000 m tge. $1,904,500 is reserved fo r exten
I n d e x - V . 62, p. 232; V . 64, p. 41, 468, 753; V . 68, p. 1022; V. 74, sions, im provem ents, &c. See V. 71, p. 603.
p. 1307.
Road —Jan. 1,1902, the Camden Gloucester & W oodbury R v. owned
24-78 miles o f track.
OFFICERS—President, A nth on y R. Kuser, N ew ark, N. J.; A ss’t P res
ident, Richard Siockton; V ice-Prest., Wm. J. Bradley, Camden; Sec
P opulation 1900 was 18,640; in 1890 w as 14,590; and
retary, Forrest F. Dryden; Treasurer, Chas G. Cook, Trenton; Auditor,
in 1880 was 11,365.
Jas. R. Shurtz, Camdem— V.70, p. 1048; V .71 ,p. 492, 603,1270; V, 72,
p. 88, 989; V. 74, p. 423.
B U R L I N G T O N T R A C T I O N CO.-A trolley road.
BU R LIN G TO N , VT.
STOCK & B onds —
M iles. Bate. Interest. Outstancl'g. M aturity.
S tock$200,000, par$ 100.................................. $200,000 ...................
Win. A B. Horse RR. 1st ) 9 ^
1894 6 g .J -J
125,000 Jan. 1, 1914
M., $150,000, gold, >
N o t subject to call before m aturity.
$500 & $1,000......... c ) In terest at B u rlington Trust Co., Trustee.
R o ad —Owns 11 miles o f track in city o f Burlington. R a ils 50-lb.
T - Owns 8 b ox ears, 10 open cars, 3 snow plows.
E a r n in g s —F o r fiscal yea r ending June 30:
Gross.
N e t.
Interest. Dividends. B a l.. sur
1901............$58,142
*$20,146
$7,500
$8,000
$4,646
1900............ 57,435
‘ 17,000
7,500
8,000
*1,500
* In 1901 $7,277 was spent fo r n ew construction and in 1900
$14,000.
OFFICERS—President, E lias L y m a n ; V ice-President, Jos. A . Pow ers;
Treasurer. W. F. Hendee; Secretary, B. H . Eagan.
BUTTE, MONT.
P o p u l a t io n 1900 w a s 30,470; in 1890 w a s 10,723;
a n d in 1880 w as 3,363..
B U T T E E L E C T R I C R A I L W A Y —Trolley.
This company was incorporated in W est V irgin ia in D ecem ber, 1899,
as successor to the B u tte Consolidated R a ilw a y (operating 21 m iles o f
track), sold at foreclosure.
S t o c k & B onds —
Bate. Interest. Outstanding.
M a tu rity .
St’k 81,000,000, par $100 ......................... $1,000,000
....................
le t M. $700,000 gold, <1900 5 g. M.&S.
700,000
Mar, 1,1925
$1,000 e a c h ...... ...... *e ( Interest a t Mass. Trust Co., Boston, Trustee.
Rond*—M ay be called fo r paym ent on March 1,1915, or on any in
terest day thereafter. Sinking fund o f 10 p er cent par valu e o f bonds
begins March 1.193 6.
O ffic e r s —President W. A . Clark, Butte; V ice-Pres., F. E. Sargeant,
49 W all St., N ew Y ork ; Secy. & Treas.. J. C. K ennedy, 49 W a ll St.,
N. Y .—Y. 64, p. 663; Y . 69, p. 1300; V. 72, p. 190.
C A I R O , ILL.
P opulation 1900 was 12.566; in 1890 was 10,324:
and in 1880 was 9,011.
C AIR O E L E C T R IC R A I L W A Y ORQANiZATiON^-Chartered in 1890. Operates 5% m iles
o f traek.
S t o c k & B onds —
Bate. Interest. Outst’d’g
M aturity .
Stock, $75,000; par, $100.................. - ......... $52,400f.p. ............. .
Intmnrtcm-ft cnrreTiev
U 891 6 ' U - D
52,400
June 1, 1911
ls t m o r t 0as e, ourrency....... ) Trus.,St.Louis-UnionTT.Co.,St.Louis, Mo.
O fficers —President andTreasurer, E, W. Halliday; Vice-Prest., 0.
O. Patter; Secretary, 0. Cunningham; Supt., Edwin Halliday.
CAMDEN
&
SUBURBAN
R Y . - A tro lle y road.
O r g anizatio n —Form ed in 1896 to control the Camden H orse R R .
(which is leased) and the W est Jersey T raction Co. Capital stock,
$2,000,000 issued to Jan. 1,|1902; par, $25; paid in Jan. 1, 1902,
$400,000; funded debt, $825,000; other debt, $379,625.
EARNINGS-For year 1901, gross income from passengers, $394,163;
other income, $16,839; total income, $411,002; operating expenses and
repairs, $225,332; balance, surplus, $185,670.
Road —Track, 33 59 miles; Camden Horse RR., leased, 30 m.; W est
Jersey Traction Co., 3 T 9 m.; total, 66 78 miles. Several small exten
sions are under construction, including a lin e o f 6 miles to R iverton ,
w here connection through to Trenton w ill be made o ver the Camden
& Trenton.
President, Wm. S. Scull; V ice-P resid en t and Gan’l Mgr., W . E. H a r
rington; Sec’y, 8. T. Corliss; Treasurer, H. L ip p in co tt.—V. 62, p. 682.
( 1 ) C A M D E N H O R S E R R . - A tro lley and horse road.
ORGANIZATION— Incorporated March 23,1866. Leased to the Camden
& Suburban R y. from A p r il 1, 1896. Rental, etc., received in 1901,
$50,600, from which paid 20 p. e. on stock.
STOCK & BONDS—
Bate.
Interest.
Outsfand’g. Bast div., etc.
Stock ($25) paid in ....... ........
See text.
$250,000
See text.
lBt m o r t g a g e ... ,..,.. ,.............
5
' 250,000
1909
1st cons. M. ($500,000)
($500)......... 1.......... .
1892'
5 M -N
250,000 M a y 1,1912
Interest payable at N e w Jersey Trust Company, Camden, N. J.
Dividends—1892, ’ 93, ’94 and ’ 95, 8 p. o. per an.: ’96, 14 p. c.; ’ 97, 16
p. c.; ’ 98,18
c.; ’ 99,18 p. e.; 1900, 20 p. c .; 1901, 20 p. c.
R o a d —Has 30 miles o f track.
OFFICERS—President, Wm. 8. Scull; Secretary, Samuel T. Corliss;
Treasurer, G. G. B row n ing.—V. 62, p, 682.
( 2 ) W E ST J E R S E Y T R A C T IO N CO.—
Owned by the Camden & Suburban Ry. Stock, $65,000. M iles o f
track, 3T92. Franchise granted b y c ity in 1894.—V . 62, p. 682.
CAMDEN
&
TRENTON R A IL
W A . Y —Trolley.
O r g an iza tio n .—This w as fo rm e rly the Monm outh Traction Co. in
corporated Dee. 15,1897; name changed as above on Get. 30, 1899.
Owns 395 out o f 400 shares (par $50) o f the capital stock o f the Cmnar
minson E lectric Ligh t, P o w e r & H ea tin g Go. o f R iverton , N. J.,
which supplies the tow ns o f B everly, Delanco, R iverside. R iverton
and P a lm yra w ith ligh t. A lso owns 1.362 shares (par $10) out of
1.6C0 shares of the capital stock o f the Bordentow n Electric L ig h t &
M otor Co., w hich supplies lig h t to Bordentown and vicinity. The
bonds below, besidfes being secured b y m ortgage On the road betw een
Camden and Trenton, are fu rth er secured b y a deposit o f the holdings
of the stock o f these tw o companies. On Jan. 10,1902, the stock and
the #686,COO bonds Were listed on the Philadelphia Stock Exchange.
In Feb., 1902, the p a r value o f shares was changed from $100 to $10. —
V . 74, p. 150, 679.
STREET
RAILW AYS
STOCK & B o n d s —
Dale. In terest. O utstanding.
M a tu rity .
Stock, iu llp a id *$L0)................................
$1,750,000
..................
1st M. g., $750,000
> *1899 5 g M N
686.000
^ o v . 1, 1929
($500 and $ l,0 0 0 )o * s In t. at P ro v id e n t L ife A Tr. Co.,P k ila .,tru stee.
I s t g ’ n 'IM .,$1,750,000/
1901
5 g . J-J
$400,000
.July 1,1931
$500 and $1,000 g
£ In t at P rovid en ce L ife A T r . Co., Ph lla., trustee.
Bonds—O r the $750,000 bonds, $40,000 are reserved (u ncertified)
to re tire like am ount o f bonds o f the Clnnam lnson Klee. L igh t A
P o w e r Co. due A p ril 1, 1914, and $24 ,000are reserved fo r extensions
O f the $ l,7 50.o00 issue, $" 50,0 >0 are reserved to re tire a b o ve out
standing prior liens and $600,000 are held fo r exten sion s at not e x
ceeding $40,000 per m ile In T ren u m and Cam den and not ex ceed in g
$2u,000 per m ile outside those cities.
E a r n in g s ~ F o r 6 months en din g N ov. 30.1901, du rin g construction,
gross, $12,140; net, $18,295; in terest and taxes, $17,950; surp., $345.
R o a d —IU June, 1902, was operatin g the electric-ligh t plan ts and 29
m iles o f road betw een T ren ton and R ive rto n (w h ere connection is
made w ith . Camden <fc nuburbau Iiy . tracks). B y a con tract which
this com pany has w ith the Camden A Suburban, its cars run direct
to the Ph iladelph ia F e rry at M ark et and F ed era l streets, Cam den.
O F F IC E R S — Presiden t, IT. V. Massey, P h iladelph ia; Sec’y and Treas.,
M. B. Perkins. B e verly , N. J. P rin cip a l oilice, R iverside, N. J.; P h ila
delphia otlii e. 620 D re x e l B u ild in g.— V. 70, p. 279; V. 73, p. 956; V.
74, p. 150, 679.
C A N A N D A I G U A , N. Y .
P o p u l a t i o n 1900 w a s 6.151; i n 1890 w a s 5,868;
AN»> IN 1880 w a s 5,727.
O N T A R IO L I G H T & T R A C T IO N .—
O r g a n iza tio n —O rganized on June 11, 1900 as successor to the
Canandaigua E lec tric Light A R K ., hold at foreclosu re A p ril 21, 1 9 0.
Owns aud operates an e lec tric- light plan t and 3 m iles o f’ street road,
and owns m a jo rity o f stock o f the Canandaigua Gas L ig h t Co. I he
railroad is in operatn n du rin g o n ly 9 mos. o f the year. Stock, $30,000.
Funded debt, $37, 5 *. Prest., Treas. and Supt., J. H . Pard ee; Sec., H.
B. Ferguson; noth o f Canandaigua.
C A N A S T O T A , N. Y .
P o p u l a t io n 1900 w a s 3,030; in H 9 0 w a s 2,774;
AND i n L 8 0 w a s 1,569.
2 1
R o a d — O wns road in operation 12*04 m iles in length, ex ten d in g from
Cedar Rapids, Io w a , to M arion ; second track, 1*46 ; sidings, *34 ; tota l
o f all. 13*84 m iles. R ails 45 and 58-lb. T and gird er.
OFFICERS—Presiden t, P. E. H a ll; V ice-P resid en t, S ecretary aud
Treasu rer, John 8. E ly .
C H A M P A I G N , I LL .
P o p u l a t i o n 1900 w a s 9,098; in 1890 w a s 5,839;
P o p u l a t i o n o f U k b a n a in 1900 5,728; in 1880 w a s 5,103.
U R B A N A & C H A M P A IG N R A IL W A Y OAS
& E L E C T R IC C O This p rop erty was sold M a r 1, 1899, to a syndicate re p re se n te d by
W. B. M cK in ley , o f Cham paign, who o rig in a lly o w ned th e road. M o c k
increased. In Ju ly, 1899, from $250,OoO to $500,000.
O r g a n iz a t io n —A consolidation la 1897 o f U rbana A Cham paign
E lectric 8t., Cham. Elec. L. A P.. Cham. A U. Gas L. A Coke and West
End P a rk Co. Franch ise in 1901 ex ten d ed fo r tw en ty years.
D ate. Interest. Outstand'g. M a tu rity .
S to c k & Bonds—
................
Stock $500,000........................... ..................... $500,000
U. A C. R y. G. A E. M., $250,- > 1897 5g. J -D 250.000 June 1, 1917
000,
f., $8,000 yr. June [* Int. at 111. Tr. A S a v’gs Bank. Chicago,
1.1900 and a fte r ($1,000) o* ) trus., o r a t Chase N at. Bk., N. Y. City.
Consol,
30-year ($500,1899
5
$185,000 Ju ly 1,1929
000 a u t li.).............................{
O f the new issue o f $500,000, $250,000 are reserved, to re tir e tirst
bonds, aud $65,000 set aside fo r future needs.
R o a d -O p e ra te s 9 m iles o f tra ck in and b etw een Cham paign and
U rbana.—V. 69, p. 232.
O f f ic e r s .—P resid en t and M gr., W . B. M c K in le y , Champaign, 111.;
V ice-P res., Geo. F. Duncan, P o rtla n d , Me.; becy. aud Treas., E dw ard
W oodm an, P o rtla n d , Me.
g .,s.
mtg.
>
C H A R L E S T O N , S. C.
P o p u l a t i o n 1900 w a s 55,807; i n 1890 w a s 54,955;
a n d i n 1880 w a s 49,984.
C H A R L E S T O N C O N S O L ID A T E D RY
& E LE C T R IC C O -
GAS
O r g a n iz a t ION—O rganized F ebru ary 21, 1899, as a con solidation o f
the Charleston City Ry. and Charleston A Seashore R R . under 8pecial
A c t o f South C a rolin a L egisla tu re, gra n tin g a perpetu al ch arter and
O r g a n i z a t i o n - In co rp o ra ted in Au gu st, 1901, to build an electric
lin e to connect tlie points nam ed in the title , a distance o f 15 miles. In gas and electric-ligh t pow ers. A lso ow n s the ca p ita l stock o f the
A p ril, 1902, the R R . Comm ission authorized increase in stock from Charleston Gas L igh t Co. ($698,150), and the Charleston Edison L ig h t
200,000 to $300,000 and the m akin g o f a m o rtg ag e fo r $300,000. A P o w e r Co. ($100,<)00), and thus controls the w hole held o f ligh t and
resident, W in H . P a tten , Canastota; S ecieta ry , Jos. D. Senn, M orris- tran sportation in Charlesion. In A p r il, 1899. bought fo r $25,000 the
ca p ita l stock o f the M ou nt P lea sa n t A S u lliva n ’ s Islan d F e rry Co.
v ille ; Treasu rer, B. Tom pkins, M o rris v iile .— V. 74, p. 882, 986.
and fo r $4,000 the fran ch ise o f the M id d le S treet aud S u llivan ’ s Ioland.
R a ilw a y. Th e fo llo w in g are the only securities on the property.
STOCK & B o n d s —
Date. In terest. Out stand'g.
M a tu rity .
Stock, $l,50<),00u, p a r $50 ........................ $1,560,000 .....................
P o p u l a t i o n 1900 w a s 30.667; i n 1890 w a s 26,189;
a n d i n 1880 w a s 12,258.
Charleston C ity 1st m ort.
($1,000), $850,000, g ’d c. 1898 5 g. J-J
822,000 Jan. 1 ,1 9 2 3
C A N T O N - A K R O N R A I L W A Y . A tro lle y road.
T a x free. Int. at M erca n tile Tr. & D e p . Co., B alt., trustee.
O r g a n iz a t io n —Th is is a consolidation in 1902 o f tlie Canton-Akron Consol. M.. g., $2,500,000, f 1899 5 g. M -S
1,678.000 Mar. 1, 1999
E le c tric R y. and the Canton-M assillon E le c tric Ry.
coupon*($L 000) -------- \ In t. a t Balt. T ru s t & Guar. Co., Trustee.
Date. Interest. Outstnndxna. M a tu rity .
S to ck & B o n d s - ^
H o ld ers can also co llect coupons from consols at C arolin a 8avLngs
Common, $1,000,000 ($100)
.........
$ 1 ,000,000
.............
Bank, Charleston, if presented b efo re the 10th o f the month.
P re f. 6% n.cu. $600,000 (tlO O )
...
’
600,000
Bonds— O f the consol. 5s, $850,000 w ere reserved to retire the
85o,0u0 M a y 1, 1920 $850,000 C ity Ry. 1st 5s, o f which $28,000 canceled under sinking
Canton-M assillon 1st mort. 1900 5 g. M -N
J
In
tere
st
at
C
levelan
d
Trust
Co.,
trustee,
fund and consols issued to com pan y in substitution. T h e rem a in in g
$1,000,000, g., ($1,000). ..
o r at Standard Tru st Co., N e w Y o rk .
$1,650,000 w ere taken by tlie B alt. T ru st A Guar. Co., and sold by tk&
Canton A k ro n 1st m o rtg a g e S1902 5 g. M-S
$750,000 Mar.1,1922 la tte r in Feb., 1899.
$2,000,000, g., ($ l,00 0).c’ l :In t. at K n ick erb o ck er Tr. C o.,N . Y ., Trust.
S in k in g F u n d —A ft e r 6 p e r c e n t d ivid en d has been declared on th e
Boyids O f the $2,000,000 C an ton -A kron bonds, $850,000 are reserved stock, asm k iD g fo n d o f $10,000 p er annum becom es op era tive.
to re tire the < anton-M assillon bonds and $400,000 fo r extension s and
E a r n in g s —F o r yea r ending Feb. 28,1902, gross, $549,521; net, $215,im p rovem en ts at n ot ex ceed in g 23 o f cost. N e ith e r issue is subject to
185; charges, $153,437; sink, fund, etc., $11,122. Balance, surplus,
call.
R o a d Operates 22 m iles o f tra ck from Canton to A k ro n (completed* $50,326. In 1901, gross, $487,524; net. $156,112.
R o a d , E t c .—f ) wns 40 m iles o f e lec tric road, o f w hich 30 m iles in
M av, 1902); 8 m iles from Canton to M assillon; 5 m iles from M assillon
to N a v a rre and 16 m iles in the cities; tota l, 51 m iles. A n extension Charleston and 10 m iles from Mt. Pleasant, (con n ectin g b y fe r r y with
C harleston) to b u lliva n ’s Islan d and Is le o f Palm s, a pleasure resort
fro m N a v a r re to N e w P h ila d elp h ia is proposed.
O f f ic e r s Presiden t, W m . II. H o o v e r, N e w B erlin , O.; S ecretary, C. on the A tla n tic coast, in clu din g land at Is le o f Palm s, fe rry , etc. Th e
A . K o lp , Canton, O.; Treasu rer, P h ilip L . Saltonstall, 53 State Street, com pany has consolidated all o f its th ree p o w er stations; both ra ilw a y
system s and lig h t and p o w er d ivision are being o p era ted from same
B o s to n .-V . 74, p. 1088, 1307.
stations, the seashore d ivis io n h a v in g been connected by subm arine
cable.
O ff ic e r s —Presiden t, F rancis K. C arey, B a ltim o re ; V ice-P resid en t,
P o p u l a t i o n 1900 w a s 2,257; i n 1890 w a s 2,136;
Philip H. Gadsden. Charleston ; M a n agin g D irector. Sam uel H . W ilson,
a n d i n 1880 w a s 1,699.
Charleston ; A ssistan t S ecretary, M on ta gu e T ricst, Baltim ore; A u d i
C A P E M A Y D E L A W A R E B A Y & S E W E L L ' S tor, P. J. Balaguer, Charleston. Ottices, N o 141 M eetin g St., Charles
ton .—V. 68. p. 186, 230; V. 70, p. 583; V. 73, p. 1312; V. 74, p. 82 J.
P O I N T E L E C T R I C R A 1 L W A Y - A tro lle y road.
E X P O S IT IO N T R A C T IO N CO.—In M a v, 1901, the Charleston Con
O r ga n izatio n —A con solidation in 1892. T lie road is operated only
from M a y 15 to Sept. 15 o f each year. In 1901 co n trol passed to solidated C om pany extended its lin es (w ith dou ble tra ck ), l 1^ m iles,
to the en trance o f the S. C In te rs ta te and W est In d ia E xposition
the R ea d in g Com pany.
grounds, which w as open ed Dec. 1, 1901. A ll the stock o f the E x p o si
STOCK & B o n d s —
Date. Interest. O utstanding.
M a tu rity .
tion T ra c tio n Co., under ch a rter o f w h ich ex ten s io n w as built, isStock paid iu (p a r $ 5 0 )...................................
$150,000
...........
ow n ed b y the C on solid ated C om pany.
1st m ort. ($ 1 5 0 ,0 0 0 ;... cur. 1893 (te x t) F - A
150,000 Feb. 1, 1923
In tere st was reduced to 5 per cen t fo r 5 years from F eb 1, 1896.
In 1894 and 1895 but one in te rest p a ym en t w as m ade by m utual con
sen t o f bondholders. T ru stee is N. j ‘ T ru st A S. D. Co., Cam den, N. J.
P o p u l a t i o n 1900 w a s 3 8,011; i n 1890 w a s 11,557;
a n d i n 1880 w a s 7,094.
R o a d —Operates 7 ^ m iles o f track in city o f Cape M a y and ex ten d in g
to Cape M a y P o in t and S ew ell’s Point.
C H A R L O T T E E L E C T R I C RY., L I G H T
&
E a r n in g s —F o r y e a r en d in g Dee. 31,1901, gross, $14,160; expense?, P O W E R C O.—
A
tro
lley
ro
a
d
.
$61,074; deficit, $46,914- V . 72, p. 532.
O r g a n iz a t io n —Successor to the C h a rlo tte S treet R a ilw a y , whose
ch arter was am ended in M arch, 1895, and nam e changed as above.
The road is operated by the C h arlotte Consolidated C onstru ction Co.,
which owns a ll the bonds.
P o p u l a t i o n i n 1900 w a s 8,566; i n 1890 w a s 8,263;
a n d i n 1880 w a s 8,311.
STOCK & B o n d s —
M iles. Date. Interest. Outstand'g.
M a tu rity .
par $5 0 ................................................... $60,000 f.p ..................
C A T S K I L L E L E C T R I C R Y - Chartered Janu ary 14, 8tock,
Char. St. R> . Is t M ., go ld . . . . 1892 6g. J-J 100,000
Jan. 1, 1922
1897.
Date.
Interest.
Outsiand'g.
M a tu rity .
Interest at M erca n tile T ru st A D eposit Co. o f B altim ore, Md., tru stee.
S t o c k & Bonds
St ’k, $400,000........ ..................................
Th e bonds are not subject to ca ll b efo re m atu rity.
$60,000
.....................
5 1899
5 J-J
54,000
M a y 1, 1949
R o a d —O perates 6*2 m iles o f tra ck and 20 cars.
1st m tge, $400,000.
* ( H a m ilto n Trust Co., B rooklyn , trustee.
E a r n in g s — F o r calen dar y e a r 1^01, gross, $109,083; net, $27,985;
R oad is to ex ten d from Catskill to W indham , Cairo, and oth er v il
in terest and taxes, $16,905; surplus, $11,080.
lages in G reene and adjacen t counties, m akin g a lin e 16 m iles long;
O f f ic e r s —P resid en t and Treasu rer, E. D. L a t t a ; V ice-President. E*
th ree m iles o f tra ck put in o p era tio n on D ec. 14, 1900; operates three
B. Springs; Sec’ y, J. L. Cham bers. - V. 64, p. 329, 384; V . 66, p. 384.
m o tor cars.
Presiden t, W m . E. S tew art, H arrisb u rg, Pa.; S ecretary and Treas.,
W . C. W ood, P resid en t o f the N e w Y o rk S w itch & Crossing Co., H o
boken, N . J.— V. 68, p. 870.
P o pu latio n 1900 w as 32,490; in 1890 was 29,100, ~
and in 1880 w as 12,892.
C A N A S T O T A & M O R R I S V I L L E RY.-To be a
t r o lle y road.
f
CANTON,
CAPE
MAY,
O.
N. J.
C H A R L O T T E , N. C.
C A T S K I L L , N. Y .
C H A T T A N O O G A , TENN.
CEDAR
R A PID S, IO W A .
P o p u l a t i o n 1900 w a s 25,656; i n 1890 w a s 18,020;
a n d i n 1880 w a s 10,104.
C E D A R R A PID S
& M A R I O N C IT Y R Y —
STOCK & B o n d s —
M iles. Date. Interest. Outsiand'g. M a tu rity .
S to ck ..................................................................... $316,000
..............
lflt
$250 OOO $1,000e.
$1 OOOn j5 In
13*84
5J-J
165,000
J u ly Boston.
1, 1931
1st M
M. $250,000
t at 1891 ican
&^
C H A T T A N O O G A E L E C T R I C R A I L W A Y CO.
O r g a n iz a t io n —Successor, 1396, o f Chatt. E le c tric Ry. foreclosed .
Date. Interest. Outstand'g. M a tu rity .
Stock authorized, $645,000.............................
$645,000 ....................
1st con. M., $625,000, gold, ) 1898 5 g J-J $576,000 Jan. 1, 1919
not subject to c a ll........c* S In t. at M a ryla n d Tr. Co., B a l t , Trustee.
2d m o rtg ag e $375,000 go ld ) 1901 5g. A -O
See text. J u ly 1,1921
($1,000)......................... c* 5 In t. at Chatt. Sav. Bank, C h a tt, Trustee.
STO C K & B o n d s —
STKKKT KAIL WAVS
ri
fu>i impro v oiitoutc‘HlU —OC th 1it oopmol. iD, * 1 >,( KJU ro.iOi'Vi
Null 0 o f the* tio w *20 mart, oo lull f OI 837 5,o0o iidV'G botu aula, being
Ll 3«C«J[
vo H ato i %1. to l iiil V <*uu*L'S. They arc iubjoo t to Cali at auj * rim e
, iiitoroit. - V. 67,
fkftO-t cl mouth a i t oiu ciatO OX i iAUitt, at par au i act
*1
rivia D— i I &5 3', Xklle i o t tmc*. & ou 25 Jn il* Of i t f 001 Consideratde ini
p r o . oiiUOLita Hi lldi!Sr Ui y o f t.hn line a hairing hotdU I'Oib uilt. An ie.Xten
fiiOU to to bo billl l to bhci man U oighta
o * 7f ICERS-’^ P 1*0»ld out auti JLToai., J . H. Waruo r; Vi cw Pres, an 1 Sec,
E dw iu \Santer* N a»tiv ilio. To im.—V. t57, jj. 1206; Vs i69, p. 78, 178, V.
rL
V. 73, V 183, 1313u*
R A P ID
T ’R A N S I 'r
C H A X T A N O O G A o e
T ro lley
Th is companyr i S lr'ti.86cl to ttlO UiiltO d R ail way is Litfifit & Water Co. of
Ph il adelphia, w hi
o ttioials tirt? H. A , itichur<Isou, President; J. H.
4*is, Viow Pl * , uud A. K Porkiua , 8e crofary pud Treasurer.
ORG a n iz a t io n . —Chartered lu 1897 as the Chattanooga Rapid'
Transit. Iu Jan , 19ou, name changed to Rapid Tran sit Co. o l Cnatta-
liooga.
S t o c k <4, B onds —
Date. Interest. Outstanding.
M aturity.
Stock, *350,000 (par $10">) ................... .
$350,000
............
1st Moi t., $300,000, gold J 1900 5 g. F - A
300,000 Feb. 1,1925
($1,000 ea ch )............ c* ( Inc. at Real list. Trust Co., Pbit.,trustee,
R o a d .—Controls and opriates (not Including Chatt. & Lookout Mt.
a n . Nortkslde Consolidated St. Ry.) 18 miles or railw ay, 4 ft. 8% In.
gauge, fitted with 60 lb. T and 90 lb. girder rails, giv in g direct service
from centre of Chattanooga to National Cem etery, H ighland Park,
Sherman Heights, h ast Lake, Roseville, Ga., and Chiekamauga N a
tion al Park, Oil.
O f f ic e r s .—President, J, H. Jefferis o f PM la.; Vice-President, Samuel
W. Hi vine o f C n attan ooga; Secretary and Treasurer, J. W . P itto c k o f
Phila.j General Manager, N. H . Brow n .—V. 70, p. 430.
( 1 ) N O R TH 8LD E C O N S O L ID A T E D 8 T R E E T RE.
O rganized in 1901 and Isleased to the Rapid Tran sit o f Chattanooga.
S t o c k dfc B onds —
Date. Interest, (h itsla n d ’g.
M a tu rity .
Stock, $100,000
...... .
......
$100,000
.................
le t more., $110,000, g o ld .. 1900 5 g. i - 0
110,000
1920
R oad —Owns and operates 7 miles o f railw ay, g iv in g direct service
from the centre of Chattanooga to H ill City, Vallambrosa, R ive r view ,
g o lf grounds and N orth Chattanooga. Standard gauge.
CHATTANOOGA
and electric*
&
L O O K O U T MT. R Y -Cable
O r g an iz a t io n —A reorganization in 1901 o f the Chat. L. & M. Ry.
Purchased the Lookout In clin e & L u la Lake Ry., operatin g a cable
road 5,000 feet long up Lookout Mt. and 3 •* miles electric r a ilw a y on
top o f the mountain. Is leased to the United Bu ll ways L igh t & W ater
Co. of Philadelphia, Pa.
t S tock & Bonds —
Dale. Interest. Outstanding. M a tu rity .
Stock, $250,OuO
...... .........................
$250,000
.................
1st m ortgage 95250 000 ^ 1901 5 g. J-J
250,000
Jan., 1926
1st mo tg a .c , $ -o t ,0 JO l xnt. at Real Estate Tr. Co., Phila., Trustee.
L ookout In clin e & L u la L a k e Mu —
Stock, $65,000......... ........... ................. .
65,000
.................
1st m ortgage, $65,000.... 1897 6
65,000
1947
R o a d .—Owns and operates 6 miles o f track from Chattanooga to
St. Elm o, Lookout Mt., A lto n Pack, Forrest H ill Cem etery and Moun
tain Junction.—V. 72, p. 282, 776.
CHESTER, PA.
Statem ent o f Chester T raction w ill he found u n d e r11U nited P ow er
& T ran sp orta tion ” at end o f Philadelphia.
C H I C A G O , ILE.
Population 1900 was 1,698,575; in 1890 was 1,099,850,
and ra 1880 was 503,185.
A U R O R A E L G I N & C H IC A G O R A IL W A Y .
—To oe op- rated by third rail.
O rganiz ation —In A p ril,1901, a syndicate, headed b y M. J. Mandelbaurn & Co. o f Cleveland, acquired the A u rora W heaton & Chicago R y.
(incorporated in 1899) and la ter m erged w ith it the E lgin & Chicago
R y. Co. and the B atavia & Eastern R y. Co. P r e fe rre d stock Issued in
1902 to provid e fo r increased cost o f road.
S to c k & Bo n d s Dale.
Interest. Outstand’g.
M a tu rity .
Stock $3,000,000. $100
.............................
$3,000,000 .................
P re l. 6% cum., $1,500,000..............................
1,500.000 ..............
■t at M (?3 000 0001?>1 000 ( 1901 5g.M15 N15 3,000,000 M ayl5,1941
1 sold t i n not b e c a lle d 1 A m * T r * & Savin88 Bank, Chicago, Trustee,
gold, can not be called. ^ in te re s t payable in Chicago and N ew Y ork
R o a d —W ill run from the term inus o f the M etropolitan E levated
road in Chicago to W heaton, w ith lines from W heaton to E lgin , B a ta via
and Aurora, 57 miles, m aking, w ith 26 m iles double track, 83 miles of
track. Portion from Chicago to A u rora and B a ta via is expected to be
in operation b y Ju ly 1,1902. P o rtio n betw een W heaton and E lgin
w ill probably he com pleted la tte r p a rt o f 1902. Th ird rail, standard
T, 1°0 lbs.; track rails, 80 lbs.
O fficers —President, L. J. W o lf, C hicago; V ice-President, M. H.
W ilson; Treasurer, M. J. Mandelbaum, 1019 G arfield B ’ld ’g, C leve
land, O.; Secretary, E dw ard Dickinson, Chicago; G en’l M anager. W ar
ren Bioknell. Office, Chicago T itle & Trust B ’ld ’g, Chicago, 111.—Y . 72,
p . 674, 721; V . 74, p. 325, 726, 1194.
'
CALUMET
E LE C T R IC
STREET
R A IL
W A Y . —A tro lle y road.
RECEIVER—In May, 1897, control passed to the N a tio n a l Bank o f
Illin ois, now in liquidation, (which holds $483,500 o f the stock and
$2,926,000 o f the 5s of 1894) and a re ceiver w as appointed. E d w in A .
P o tte r in March, 1900, succeeded the la te Geu. M cN u lta as receiver.
The la tte r in A p ril, 1899, received au th ority to issue $850,000 m ore
certificates, h earing 5 per cent interest, in p a rt to p a y o ff an indebted
ness o f $368,200, the rest fo r im provem ents.
S t o c k & Bo n d s—
Date.
Interest. Outstand’g. L a s t div., <£c.
Stock ($100) (see t e x t ) . ..............
...... .
$500,000
........
R e c e iv e r’s certificates
(authorized $850,000).
1899 5 p. c.
541,000
1st M „ gold, red. at 110.
1892 6 g. M-S
6,000 S e p t.l, 1912
Cons. m ort. ($3,000,000).
1894 5 g. M -N
2,931,000 N o v. 1,1909
D e f a u lt —In terest due M a y 1,1897, on 5s o f 1894 w as n ot paid.
R oad —Operates a road, m ostly doubled-tracked, em bracing in a ll 77
miles o f track owned and 3 miles leased. This road connects with
Cottage G ro ve A ven u e Cable, A lle y E levated and Illin o is C entral, and
reaches South Lhicago, Pullm an, W est Pullm an, Auburn P ark , Burn
side and M anhattan Beach. 70, 83 and 85-lb. rails; 218 cars. Gen.
electric equipment. -V . 69, p. 1063.
C H IC A G O
C IT Y
R Y . —H orse, cable and electric road.
O rg aniz atio n —In corporated in F eb ru a ry ,.1859, and has ex ten sive
surface road p rivileges m the south division o f Chicago.
D ate In terest
STOCK (S. BOHOS—
O u tsta n d in g
L a st d ie ., tie.
8t'k($l00> $19,0*jO,000 ....... texi,Q-M,31 *1«,000,000 Ju ne30/02,24,%
o n J in . 15, 19ul, Bt<okholders authorized $5,000.000 additional
stock, making total authorized is sue $19,000,000; $4,500 Ouu or the
i) vv stock . a . iisucd July 1 , 10 0 1(the ne w - tuck was otfi- red at par
to shareholders of reeor'i June 15, VT 72. p, 183), to re ire on that day
$ i.ul9,5C0 outstanding bonds ; stock outstanding being now $18,000 , 000 .
Dividends -U su ally 12 percent, were in 1893,24 per ten t; in
1894, 12
p. o.; 1895, 15 p e ; in 1H96, 12p.e.; in 1897,12 p. e.; in 1898,12 p. e.; In
1899, 12 p. c.; in 1900, 12 p. o. In 1901, M arco. 3 p, e.; June 3 p. o.j
Bept, 30, 21* p. c.; Dec. 31, 2 »* p. e. in 1902, M ar 31, 2*4 p. o.; June
30, 2 l* p 0.
R o a d , & c . - O u Mar. I. 1902, com pany operated 214 77 miles of
track, viz,: Cable toad, 34-q toiler,; electric, 178'15 utiles; horse, 1*87
miles. Equipment Mar 1, 1902; Cable g/ip cars (open), 233; cable
tra il oar* (closed, 281, and open, >‘ 61); electric ears i444 open and 575
closed); horse cat * (cio -, (, 6, and open 7>; cable mail cars, 4; electric
m ail ears, 4, totm pa-senger and mail cars, 1,815.
A nnual R e p o r t —Fiscal y ear ends Dee, 31. Report fo r 19Q1 was in
V. 74, p. 426, ami ga ve earnings.etc,, as follow s :
Year ending Dec. 31—
1901.
1900.
1899.
Gross earnings. ............... $5,900,271
$5,543,180
$3,194,439
Op. expen. and ta x e s ........ 3,869,173
3,655,002
3,325,677
(65*94)
(64*02)
P. a. op. ex. to earns......... (65*58)
N et earnings ............. $2,031,098
$1,888,178
$1,868,762
Interest on bonds........ ... $103,939
$207,877
$*207,877
D epreciation ......................
180,000
.........
D ividends............... (10*«% )1,620,000 (12%) 1,575.000 (12%) 1,449,997
$105,301
$210,888
Balance, surplus................ $127,’ 59
Passengers carried in 1901 (including 49,415,733 tran sfers), 167,276,723; in 1900, 156,961, 06.
NET
EARNINGS FOR 9 TEAKS,
1898.......$1,906,316 1895........ ..$1,669,098
1900......... 1.888,178 1897......... 1,90 ,534 1894........... 1,425,934
2,637,949
1899......... 1,868,762 1896......... 1,831,658 1893........
OFFICERS—President, D a vid G. H a m ilton ; First Vice-President,
Joseph Letter; 2d Vice-President, W. B. W alker; G eneral Manager,
Robt, McCulloch; Secretary, F. R. Greene; Treasurer, T. C. Peniugton;
Auditor, C. N. Daffy: Asst. Geu. M anager, Richard McCulloch.—V.
70, p. 174, 1095. 1149: V. 71. p. 602. 1012, 1219; V. 72, p. 136, 183,
240; V. 73, p. 444; V. 74, p. 4 2 6 , 775.
1901........ .$2,031,098
C H IC A G O E L E C T R I C TR A CTIO N - T r o l l e y .
H is to r y .—Successor in Jan., 1898,to E n glew ood & Chicago E lectric
Ry., foreclosed per plan in V. 65, p, 728. On June 13, 1900, Charles
H enrotin was appointed re c e iv e r on petition o f the trustees o f the 1st
m ortgage o f 1899, on which no interest lias ever been paid. V. 70, p.
1194. M otive pow er was changed from storage battery to overhead
tro lley in 1901. R eceiver was authorized to issue certificates, and
about $200,000 had been Issued to June 1,1902.
N ew S ecurities —
Dale. Interest. Authorized.
M a tu rity .
Stock to be held 5 y e a r s )
.......................... $2,000,000 ....................
In votin g trust
‘
v ,
,
1899 5 g. J - J
500,000 Jan. 1, 1929
1st mort., subject to call
Manhattan Trust Co., N. Y ., & J. Kean, trus.
at 105, gold (see tex t)
Consol, mort. Incomes
1899
5 A -0
2,000,000 Jan. 1, 1929
fo r 5 y e a rs .................
The holders o f each of the old first m ortgage bonds ($960,000)
recognized as v alid received in exchange p er $1,000 bond, if subscriDing $300 in cash: F irst m ortgage bonds, $300; consolidated m ort
gage, $1,000; stock, $2,000. Both m ortgages m ay be increased to any
amount desired fo r new property, not in excess o f $40,000 per m ile
fo r first m ortgage.—V. 68, p. 231.
EARNINGS-—Calendar year 1901, gross, $99,256; operatin g expenses,
$74,562; net, $24,694. In 1900, gross, $94,118; operatin g expenses,
$•0,734; net, $13,384.
R oad —In June. 1902. 28 miles o f track w ere in operation—from
63d Street to Blue Islan d and H arvey.
O fficers —President, Isaac L, Rice, N e w Y ork ; Vice-President,
Hoffm an Atkinson, N e w York; Treasurer, J. S. Backe, N e w York;
Secretary and General M anager ;A. E. D avies, Chicago, Ul.—V. 67, p.
1002; V. 68, p. 231, Y . 69, p. 1063 V. 70, p. 175, 739, 1194, 1248.
C H IC A G O & M I L W A U K E E E L E C T R I C R Y
—A trolley road.
\
O rganiz ation —Successor b y purchase to B lu ff C ity E lectric St. R y.
which operated a road betw een Waukegan and Evanston.
STOCK & B o n d s — Date.
Interest.
Outstand'g.
M a tu rity.
Stock, $1,000,000.............................. .
$1,000,000
...... .
1st M „ $1,500,000, g. f 1899
5g. J.-J.
1,000,000 Ju ly 1,1919
($1,000 each)c.; m ay j Iut. at Standard Trust Co., N. Y ..& Clev. Tr. Co.
be called any int. 1 Cleveland Trust Co. and R o ya l Trust. Co.,
day at 105 and int. [ Chicago, trustees.
O f the $1,500,000 bonds authorized, $500,000 are held in reserve
and can be used only to cover 75 per cent o f the cost o f extensions
and im provem ents. V. 69, p. 178. Sinking fund o f $50,000 per year
begins w ith Ju ly 1, 1910.
L a t e s t Earnin gs .—Jan. l to M ay 31.
1902...... ...................................................... Gross, $61,189; net, $30,233
1901 ............................... ......................... Gross, 48,208; net, 20,001
YEARLY EARNINGS—F o r calendar ye a r 1901, gross, $171,172; net,
$97,157. In 1900, gross, $.140,684; net, $81,169.
R oad —Length, 45 miles. E n tire line, from W aukegan to. Evanston,
was opened in .August, 1899. I t connects fifteen suburban tow ns,
having an estim ated population o f 70,000, w ith Chicago. A la rge
portion o f road is bu ilt on p riva te righ t o f w a y and betw een E van ston
and Lake Forest the road is double track. Rails, 65 and 85 lb.—
See description o f road in V. 67, p, 900.
OFFICERS—President, G eorge A. Ball; Vice-President. A. C. Frost;
Secretary, G eorge M- Seward; Treasurer, J; IV. Mauck; Gen. Supt..
R. S. Iv e s .—V. 67. p. 900 ; V. 69, p. 129, 178, 384; V. 74, p. 204. o f
fice, 108 L a Salle Street, Chicago.
C H IC A G O
GENERAL
R Y - A n electric
road.
O rganiz ation —In corporated October 21, 1893, fo r 50 years.
The
W est & South Tow ns St. R y. (fo rm erly leased) was purchased in May,
1896, and consolidated. .
On Sept. 7,1899, instituted 2%-cent fares on its branch lines (selling
10 tickets fo r 25 cents), w ithout tran sfer, how ever, to m ain line.
On A p ril 14,1900, President J. H. W itb eek filed a b ill fo r the a p
pointment o f a receiver, and on the 17th Frank H. Sellers Of
Chicago was appointed receiver. A reorganization comm ittee con
sisting ofv James P. Black, Lym an M. Pain e and Glenn E. Plum b,
proposed that bondholders surrender one-half or m ore o f their
bonds fo r cancellation, accepting double the amount in ktock.
T h ey w ere asked to deposit th eir bonds w ith the Real Estate Trust
Co. o f N e w Y ork . N o definite progress, how ever, has been made
w ith the reorganization. A stockholders’ com m ittee consisting o f
Chas L. Bonney (G eneral Counsel o f the Company) and Wm. A . Good
man and Joseph P . M ahoney, all o f Chicago, has been form ed, as w e ll
as tw o bondholders’ com m ittees, the one fo r the Chicago G en eral
23
STREET R A I L W A Y S .
bonds con*dBtiug o f E. M. Phelps, L. A. Goddard and J. S. Runuells,
w ith the M erchants’ L. & T. Co. o f Chicago as d ep osito ry, aud the one
fo r the W est
South T o w n s bonds con sistin g o f G ran ger F a rw H l, II.
B. Davis and A rth u r H eu rtly. w ith the N orth ern T ru st Co. o f C h icago
as depository. V. 74, p. 41. 204.
In terest on the $1,438,000 o f gen. m o rtg a g e 5s has been in defau lt
since May, 1900, and on the W est A South T o w n s Os since A u g., 1900
STOCK & B o n d s —
Date. In t ., Etc. Outstayul'g. M aturity,etc8 t‘ k, $10,000,000(par $100) ........................
$772,350
..................
Gen. M., $3,000,000, g. >
1895 5 g .M -N
1,438,000 N ov. 1,1935
Red.aft. 10 yrs.a t 105 s Trus. is M erchants’ Loan A T r. Co., Chicago.
W .A S .T o w ii8 ,ls tM .,g ...
16 1892 Og. F -A
290.000 A u g .,’02-12
Th e m o rtg ag e trustee is the N orthern Trust Com pany o f Chicago.
R o a d — Ow ns 30 m iles o f track; exten d s from W abash A v e . to 40th
A v e . on 22d St., also on 25th St.. L a w n d a le A v e ., K e d zle A v e ., Homan.
A v e . aud T n ro op St. O perates 35 oars.
O f f ic e r s .— P resident, J. P. Black; V ice-P resid en t, S ecretary and
T reasu rer, C. L. B on n ev.— V. 66, p. 183; V. 70, p. 739; 841, 894, 1290;
V. 71, p. 340. 1219; V. 72, p. 338, 437; V. 74, p. 41, 201.
In addition, $500,000 o f Chicago Consolidated fr a c tio n stock waa
sold fo r cash, m aking with the fo reg o in g the full tota l o f $15,000,000
stock outstanding. Stock Is listed on the N ew Y o rk Stock E xch an ge.
STOCK & B o n d s —
Date. Interest.
Outstand’g
M a tu rity .
Stock, $15.000,000......................................... $15,000,000
...............
N ew 1st m o rtg ag e gold J 1890 4 1* J -D
15.750,000 D e e .1,1939
$0.750,000................... In t. at E q u itab le Tr. Co., Chicago, Trustee,
T h e n ew bonds fo r $6,750,000 are gu aran teed, prin cip al and interest,
by the Chicago Union T raction . T h e C hicago C onsolidated T ra c tio n
when It was o rga n ized assumed the bonds o f the constitu en t com panies
(w hich it agreed to gu aran tee) and also the lease o f the < blew go North
Shore S treet R a ilw a y under w hich 6 p e r cent dividends are paid on
the $650,000 stock o f the la tter. T h e statem en t to the N ew Y o rk
Stock E xch an ge under da te o f March 27, 1899, showed that the m o rt
gage Indebtedness o f the constitu ent com panies assumed a g g reg a ted
$6.085,(* 0, in clu ding the $650,000 stock o f th e < liicago North Shore
Street R a ilw a y. B elow is the debt o f the constitu en t com panies in
detail. B y the term s o f the sev era l trust deeds o f tin e m ortgages, no
additional bonds can be Issued e x c e p t fo r constru ction, and then fo r
o n ly 75 per cent o f the actual expen ditu re therefor.
X
C H I C A G O & S O U T H S ID E R A P I D T R A N S I T
R
R
- (“ A L L E Y E L E V A T E D ” ) —S ee 8 o u t h S id e E l e v a t e d .
C H IC A G O U N IO N T R A C T IO N
— Cable and eleetrio.
O r g a n iz a t io n .—In co rp o ra ted in Illin o is June 3, 1899, by the Elkins-W idener W h itn ey syn dicate aud purchased fo r $10,000,000 cash
the holdings o f stock or Chas. T. Y e rk e s in the W est Chicago and
N orth ( liicago roads. These holdings consisted o f $3,200,000 West
Chicago stock and $2,000,000 N o rth Chicago stock. Subsequently the
tw o system s w ere leased, the W est Chicago fo r a y e a rly rental equal to
6 per cent ou the stock and the N o rth Chicago fo r a ren ta l equal to 12
per cen t on the stock, the leases bein g dated June 1,1899. B y a tri
p a rtite a greem eu t en tered into on the same da te the Union T ractio n
C om pany’ s holdings o f stock o f the tw o roads are to rem ain in trust
w ith the Illin o is T ru st A S avings Bank o f C h icago “ fo r a ll t im e ” as
secu rity fo r the leases.—See V. 68, p. 1131.
On A p r il 14. 1900, n ego tiatio n s fo r the acqu isition o f the Chicago
Consolidated T ra c tio n w ere consum m ated. T h e U nion T ra c tio n paid
$45 in bonds o f the Chicago C on solidated T ra c tio n bearin g 4 ^ p. c. in
terest and gu aran teed by Union T ractio n and $1 50 in cash fo r each
share o f the C on solidated com pan y’ s stock. I t is understood that
o v e r $14,500,000 o f the to ta l issue o f $15,000,000 stock o f the Con
solidated T raction has been turned o v e r under this plan .— V.70, p. 791
Franchises. —T h ere has been much conten tion as to the com pan y’ s
franchises, and in June, 1901, com pany brou gh t suit in the U. S.
C ircu it Court to restrain the city from in te rfe rin g w ith the W est
Chicago and N o rth Chicago roads. See V. 73, p. 31. Com pany claim s
a 99 y e a r fran ch ise under the act o f 1 8 6 5 .- V . 72, p. 1137. Tn M ay,
1902, Cou rt sustained on tech nical grounds the dem urrer o f the c ity to
the bill. V. "4. p. 1037. Perm ission gra n ted to appeal to U. 8. su prem e
Court. Y . 74, p. 1307.
In the m a tter o f the ta x a tio n o f franchises, an im p orta n t decision
b ea rin g a d versely on a ll Chicago corporations was rendered b y the
llln ois Suprem e C orn t in O ctober, 1901. See Y . 73, p. 902,1114: V. 74,
p. 775, 1251.
STOCK a n d B o n d s .—Th e $12,000,000 p referred stock was sub
scribed fo r at par, a bonus o f 50 p er cent, h ow ever, b ein g given in
com m on s to c k .—V. 68, p. 1225. T h ere w as thus $2,000,000 cash le ft
a fte r the p a ym en t o f $10,000,000 to M r. Yerkes, and this $2,000,000
w as spent fo r im p rovem en ts and extension s o f the lin es acquired.
In D ecem ber, lb 9 9 , both issues o f stock w ere listed on the N e w Y o ik
Stock E xch an ge. V. 69, p. 1299.
Date. Rate. O utstanding.
D iv id 's.
Stock, com., $20,000,000,
par $100...............................................
$20,000,000
...........
Stock, p ref. 5p.c., $12,000,000, p a r $100,cu m u lative ............... 12,000,000 O ct, 1900,1*4%
D IV ID E N D S — D ivid en d s o f 1*4 p.c. w ere paid on p re fe rre d shares O ct.‘
1899, and Jan., A p ril, J u ly and Oct., 1900. In D ec., 1900, it w as d e
cided tem p o ra rily to suspend dividends, and d e v o te m oney to im
provem en ts. N o dividends since.
ROAD—T o ta l m ilea g e o f lin es operated Jan, 1, 1902:
able.
E lectric. H o n e .
Total
W est C hicago S t ......................... 28 913
211*074
175 329
6*832
91080
N o rth C hicago 3 t ....................... 18 120
75*020
940
181*170
Chicago Con. T r a c t io n ..........................
181*170
........
O b l i g a t i o n * o f S u b s id ia r y C o m p a n ie s ,
CHICAGO ELECTRIC TRANSIT.
Bo n d s —
Date. I n t ’st. O utstandng. M aturity.
Is tM ., gu ar.,n o option ($1,000) 1894 6 F -A $1,097,000 Aug. 1,1914
In terest is p a ya b le a to ilic e o f trustee, the Illin o is Tr. A S avings Hank.
This m o rtgage p rovid es fo r the issue o f $2,000,000 bonds at
not ex ceed in g the cost o f im p rovem en ts, extensions, etc., ai d fo r
additional bonds at not a b o ve 75 per cen t such cost. O f the $1,097,000
issued, $842,000 are gu aran teed by the W est C h ica go S treet R R . and
$255,000 by the N o rth C hicago S treet RR.
CHICAGO A JEFFERSON URBAN TRANSIT.
Date. Interest. O utstanding.
M a tu rity •
1st M., guar, p .a n d i..W est > 1895
6 M -N
$208,000 N o v. 1. 1915
Chic. St. R y., see t e x t ... ] In te re s t at Chicago olfice.
Th e first m o rtg a g e is fo r $2,000,000, but a ddition al bonds m a y be
issued fo r extensions, etc. Trustee, Illin o is T ru st A S avin gs Bank.
CICERO A PROVISO STREET RAILWAY.
Interest.
O utstanding,
M a tu rity .
1st m o rtgage, 1889...........
6 M AN
$84,000
N o v. 1,1904
In terest on 1st m o rtg a g e a t Farm ers’ Loan A T ru s t Co., N . Y . C ity.
_M* oob5(i u 0 w ’ 1 5» - M * N
$1,908,000
M a y 1. 1915
Chic5’ St! R 'w ay,’ fil'd. -' $ Irlt’ 8t at I1L TrU8t & 8 a v ' « s B a n k > trustee.
$92,000 consols o f 1895 are reserved to re tir e the $78,000 rem a in in g
outstan ding firsts; and $500,000 fo r im p rovem en ts at not e x ceed in g
75 p er cen t o f cost.
OGDEN STREET RAILWAY.
Date.
Interest.
O utstand ing.
M a tu rity •
1st M ($1,500,000).... > 1896
6M N
$750,000
M ay 1, 1916
gu.p*fei,W.( hie.,end. > Tru stee is Illin o is T ru st A S avings Bank.
T h e supplem ental m o rtg ag e, exeou ted Jan. 22, 1898, lim its the issue
o f bonds to $1,500,000. A d d itio n a l 1st 6s can be issued o n ly fo r 75
per cen t o f the cost o f n ew construction.
EVANSTON ELECTRIC.
Date.
Interest.
O utstanding,
M a tu rity .
6 F. A A .
$130,000
A u g. 1, 1916
Mort. fo r $1,000,000 > ........
cu rren cy................ S Guar, b y N o rth Chicago S treet R a ilw a y .
NORTH SIDE ELECTRIC STREET RAILWAY.
Date.
Interest. O utstanding.
M a tu rity .
1st M. cur., gu. p. A i. > 1895
6 M -N
*155,000 N o v. 1, 1915
(end.) by N o.C h.S t.R R . S Trustee, Illin o is T ru st A Savings Bk , Chicago*
In tere st is p a ya b le a t Chicago office o r the fiscal agency. Th e firs t
m ortgage p rovid es fo r the issue up to $1,500,000 at n ot e x ceed in g th e
008t o f constru ction; fu rth er bonds can be issued at 75 p er cen t o f
cost o f extensions and im provem ents. (See gu aran tee V. 62, p. 414.)
NORTH CHICAGO ELECTRIC RAILWAY.
Date. Interest. Outstand'g. M a iu rity .
1st M ., $1,000,000 ($1,000
1894 6 F - A
$868,000 A u g. 1, 1914
not subject to ca ll), gu. p.
In t. at Illin o is T ru st (tru stee), Chicago.
A i. en d................................
T h e bonds are gu aran teed, $688,000 by N o rth Chicago, $180,000 b y
W est Chicago S treet R R .
G rand tota l (sin gle tra ck ). 47*033
431 519
7*772 486*324
CHICAGO A NORTH SHORE 8TREET RAILWAY.
ANNUAL R e p o r t —F o r fiscal y e a r en d in g June 30,1901, not in clu d
in g Consolidated T ra ctio n lines. (8ee V. 73, p. 182.)
Date. Interest.
O utstand'g.
M a tu rity .
C apital stock,6 p.c.gu ar................
6 Q.—J. $650,000
........
EARNINGS AND EXPENSES—
INCOME ACCOUNT.—
1894
6g. A - 0
675,000
A p r. 1, 1912
E a rn in g s —
1900-1901.
1900-1901. 1st M ., $1,500,000, g., >
guar. p. A i. (en d ).c* s
Sub), to ca ll at 105 a n y A p r. 1 a fte r 1905
Passengers..................... $7,269,816 N e t earn in gs.................. $3,340,945
15,101 O ther incom e, includM ail, e t c ........................
Th e bonds, gu aran teed b y endorsem ent b y the N o rth Chicago E le e trio
C hartered c a rs .............
4,222
in g$77 8,215 on stocks
R a ilw a y, and the stock gu aran teed 6 per cen t per annum by the same
and bonds ow n ed ......
869,671 com pan y, are listed on the C liieago Stock E x ch an ge.
T o t a l.........................$7,289,139
In te r e s t!s paid in N e w Y o r k b y Chase N a t. Bank and in Chicago at
T o t a l.........................$4,216,016
Illin o is T ru st A S avings Bank, Trustee.
Expenses—
D educt—
M aint. o f w ay, e tc ........ $198,929 T a x es .......... ; ............... $320,296
E A R N IN G S . —E arn in gs o f Chic. Consol, n ot re p o ite d , but in a rg u 'n g
Matnt. o f e q u ip m e n t...
351,938 R e n ta ls .......................... 3,665,080 b efo re the B oard o f R e v ie w the com pan y's a tto rn ey stated that from
Conduet’g tra n sp o rta ’n 2,735,362 In te re s t on loans, e tc ..
70,196 date o f o rga n iza tio n to June 1, 1901, the com p a n y had fa iled to earn
G e n e ra l..........................
655,965 D lv .o n p f.s t k . (1*4p .c.)
150,000 its fix ed charges b y $386,000. E a rn in gs o f the c o n s titu e n t com
P rem iu m on bonds pu r
panies fo r the yea r en din g Deo. 31, 1898, w ere reported as fo llo w s :
chased ........................
2,468 Gross, $1,026,780; net, $406,292; fixed charges, $337,458; balance,
T o t a l........................$3,942,194
T o t a l......................... $4,208,040 surplus, $68,834. In a statem en t filed w ith M aster in C hancery, earn
N e t earn in gs................ $3,346,945 S u rp lu s..........................
$8,576 in gs fo r calen dar y e a r 1900 w ere rep orted $1,041,284 gross and
$273,101 n et, w ith $33,664 to deduct fo r taxes.
O F F IC E R S .— Chairm an o f th e B oard, Jesse Spalding, Chicago; P re s i
R o a d -—Th e p ro p e rty em braced in the constitu en t com panies con
dent and G en’l M anager. John M. Roach, Chicago; 1st V ice-P resid ent,
R. A . C. Smith, N e w Y o rk ; 2d V ice-P resid en t, W a lte r H. W ilson, Chi sists o f 181 17 m iles o f sin gle track e le c tric street ra ilw a y , loca ted in
cago; S ecretary and A sst. Treasu rer, M arkham B. Orde; Treasu rer, the C ity o f Chicago, the tow n sh ip o f Cicero, and the C ity o f E va n ston ,
Jam es H. Eckles. V. 70. p. 791, 1095; V. 71, p. 28, 1 7 9 ,2 3 6 , 1268, all in C ook County. Th e lin es ex ten d o v e r the en tire north, north w est,
1310; V .7 2 ,p . 437, 722,775,1079, 1137; V .7 3 ,p . 31, 1 8 2 , 236; V . 74, w est and southw est sections o f the C ity o f Chicago and connect at
th eir resp ective term in a l points w ith the lin es o f th e N o rth and W est
p. 775, 1037, 1251, 1307.
Chicago S treet R R . system s, o v e r w hich passengers are carried o r ig i
( 1 ) C H IC A G O C O N S O L ID A T E D T R A C T IO N .- E le c t r lo roads.
n atin g on the lin es o f the Consolidated T ra c tio n and v ic e versa.
R a ils are Johnston-gdrder, 75 to 85 lbs.; gauge 4 ft. 8*s in.
On A p r il 14, 1900, the d irectors o f this com pan y au th orized a gree
m ent fo r th e absorption o f the com pany b y the C h icago Union T r a c
E Q U IP M E N T .— M o tor cars, 269; tra ile r cars, 62; m o to r equ ipm ent 208.
tion. T h e la tte r com pany p a id $45 in Chicago C on solidated Traction
O f f ic e r s a n d D ir e c t o r s .—P residen t, John M. Roach; V ice-P resbonds, gu aran teed b y the Chicago U n ion T ractio n , and $1 50 in cash dent, E d w in S. H a r w ^ ; S ecreta ry and Treasu rer, C. F. M a rlow .
fo r each $100 o f stock.—V. 70, p. 791. Sutro Bros. & Co. o f N e w Y o rk T ra n s fe r and General Offices—54 W a ll S treet, N e w Y o rk , and 444 N orth
sought to h a ve the arran gem en t declared in valid, but Judge Gibbons, at Clark Street, Chicago.— V. 68, p .8 6 ,3 3 0 ,472.722, 7 6 9 ,9 7 6 . 114", 1247.
Chicago on A p r. 17,1901, refu sed to gra n t an in ju n ction .—V. 72, p. 775. 1299. 1300, 1345; Y . 70, p. 39, 429 ,7 9 1 , 1048; V . 71, p. 28,181; Y . 72,
O RGANIZATION-Tlie C hicago Consolidated T ractio n w as organ ized p. 775.
in Feb., 1899, to u nite the suburban lin es o f N o rth Chicago and W est
2 N O R T H C H IC A G O S T R E E T R A IL R O A D .
Chicago. I t acqu ired the stock o f the fo llo w in g roads (V . 68, p. 769).
Stock
Trac. Stk.Iss. T h erefor.—>
O r g a n iz a t io n —I n corporated under the law s o f Illin o is in 1886 “ to
Outstand'g.
Rate.
A m ou n t. construct, lease, purchase, or o th erw ise acquire horse, dum m y and
Name.
$
%
$
street railroads in Chicago and Cook County, Illin o is .” I t controls the
Chicago E le c tric T r a n s it.......... 1,500,000
250
3,750,000 surface street ra ilroa d system in the N o rth d ivision o f the c ity o f Chi
N o rth Chicago E le c tr ic ............. 2,000,000
175
3,500,000 cago, through the purchase in 1886 o f 2,501 shares out o f a" to ta l o f
Chicago N o rth Shore St. R y ___ Leased to N o rth C hicago E lectric.
5,000 shares ca p ita l stock o f the N o rth Chicago C ity R a ilw a y Co., said
N orth Side E le c t r ic ................... 1,500,000
200
3,000,000 road b ein g leased fo r 999 years from 1886. Franchise 99 years from
E va n ston E le c tr ic ...................... 1,000,000
50
500,000 Feb., 1865. A n n u al p a ym en t to c ity fo r electrica l franchise, $25,000;
Cicero & P r o v is o ..................
2,500,000
62
1,550,000 car license, $50 p er car per annum, *i 3 trip s p er day to a car.
Ogden S treet R a ilw a y ............. . 2,000,000
55
1,100,000
In F ebru ary, 1899, a ll the suburban leased lin es o f the N orth Chicago
Chic. A J efferson U rban T ra n sit 2,000,000
55
1,100,000 and W est Chicago system s w ere u nited under the nam e o f the C h ica go
12,500,00o
14,500,006 C on solidated T raction , w hich see above.
( )
STREET RAILWAYS
21
In J atn
T ra c lio u
tilts N orth <Tiieago was leased to the C hicago Union
a yea rly ren tal equ al to 1*2 per coa t on the stock .—V, 08,
|x 1131.
j '!
r\ AND BJNO-S—
Date--,
lnitre sL O u ts td in g , Last die, dte.
* t--*ok ■$ 10*000..000> r$ 100) ___
Q. —J $7,1)20,00JO 12% per year.
1st m ortgage ($500), Ac. > 1880
5 J J
3.171,000
1900-9-10
8 e « text C u rren cy. .. $ F id e lity T ru s t Co., U ffiladclpbia, Trustee.
C onsol ref. m lg fo r $4,- *
1,614,000 A p r. i , 1931
800.000 gold ($ 1 ,(0 0 , > 1901 4 i*g. A O
N o rth ern T ru s t Go. o f Ohtoaj i>, trustee.
Series A , . ..........
c* j
N t C ity al/. Co. •‘ lo c k ............. 30 Q J
See tex t. 30% per year.
I^t m >iL, C M ir'c y $1,000*. 1880
4 J J
500,000 Ju ly 1,1927
2d M •$2,500,000) cur. { 1887
4** M -N
2,500,000 Ncv.1,1927
Trustee, 111. T r .4 S .B k. * Subject to ca ll at any tim e.
Stock of S . CM. City Icy, Co. not ow n ed by N. Obi St, R li. Co., $249,«
900 ii> u-, •1?1oO), re ceive* an annual rental" o f $30 per share, N o rth
C h icago C ity stock fo r $250,100 is ow n ed b y N o rth Chicago S treet R K .
Bo ruts.-—U n d er the N orth Chicago S treet RK. 1st m o rtgage the
fo llo w in g bonds h a ve been issued: D ated Ju ly, 1886, due 1906, $1,*
300,000; July, 1*80, due 1909, $1,250,000; Jam , 1896, due 1916.
$421,000. Th e N in th Chicago C ity Ky. >«t m o rtg a g e fo r $500,000
w as o rig in a lly a 6 p er cent issue but w hen bonds fe ll due Ju ly l ,
1900, they w ere exten d ed f o r 27 years at 4 per cent see Y . 70, p. 1 i 95.
U nder the consol, and ref. m tg. the com pany coven ants n ot to issue
any m ore bunds under this m o rtgage.
O f the $4.80 >,000 consol, and ref ."bonds o f 1901, $1,614,000 “ Series
- V w ere Issued to retire tho old 6 p, o, debenture ce-rtfs., $3,171,000
are reserved to take up the first m o rtg a g e 5s due In i9O0, *909 and
1916, and $15,00o to pay o ff a m tg. on D earborn S treet property,
JH as guaranteed $6*49,000 N orth Chicago E le c tric R y. and $255,000
Chicago E lectric T ra n sit bonds; also N orth Side E lec tric St. R y.,
$155,000 bonds, and E va n ston E le c tr ic R y., $130,000 bonds.
1Stock—Outstanding stock is $7,920,000, o f w hich $5,920,000 is held
b y the pu blic and $2,u00,€00 in trust as above.—V. 66, p. 761, 811;
V. To, p. 43, 1195.
D iv id e n d s . \ 1893, 1894. 1895. 1896. 1897. 1898. 1899. 1900. 1901
p e rc e n t.
$ 12
12
12 B e lo w .
12
12
12
12
12
In 1896, 12 p. o. in cash, and 20 p. c. e x tr a (10 p. e. in stock an d 10
p. e. in 6 xxo. certificates o f Indebtedness).
R oad—
M iles. I
M iles.
C a b le ________ _________ _______1 8 1 2 ] E le c tric t r o lle y ........................75*02
H o rse ..................... . .............. . *94
T o ta l tra ck o p e ra te d ..........94*08
A n n u a l R e p o r t —N ow operated by C hicago U nion T ra c tio n and no
separate re p o rt made- R e p o r t fo r 1898 was in V. 68, p. 127.
P O f f ic e r s .— Presiden t, John A . Rose, Chicago ; V ice-P resid en t, H.
F . K eega n , Chicago; S ecretary, F. E Smith; T reasu rer, M. B. O rde.—
Y . 70, p. 940, 1195; Y . 72, p. 242, 722.
O
(3 )
W E S T C H IC A G O S T K E E T R R , -
O r g a n iz a t io n —I n corporated J u ly 19,1887 under la w s o f Illin ois.
-EASES.—C on trol o f the Chi. W. Dio. Ry. (96 m iles tra ck ) w as ao
qHired through purchase o f a m a jo rity o f its shares (6,251) o f capital
stock, and the road leased fo r 999 yea rs from Oct. 20, 1887, at an
annual ren ta l o f $35 p er share, the prin cip al and in terest o f its bonds
being assum ed—see V. 65, p. 281. O f the Chicago Passenger Ry. Oo.
(34 m iles tra ck ) stock ,th e C h i.W .D lv. R y C o .o w n s a m a jo rity ($730,100),
and the road was leased M arch 15, 1889; lease ex ten d ed in 1897 fo r 50
years to the W est Chicago S treet R R . T h e W est Chicago St. R R . Co.
agrees to pay 5 per cent a y e a r on capital stock o f the Passenger Ry.
Co. and to gu aran tee Its fixed charges. Th e W est Chicago fo rm e rly
leased C icero & P roviso St. Ry. and O gden St. R y., but these roads have
now passed to the Chicago C onsolidated Traction .
In Feb., 1899, all the suburban leased lin es o f the N o rth Chicago and
W est Chicago system s w ere acquired by the Chicago C on solidated
T ra ctio n , w hich see a b o ve.—V. 68, p. 86, 769, 195.
In June, 1899, the W est C hicago w as leased to the C h icago U nion
T ra c tio n fo r a y e a r ly ren ta l equ al to 6 per cen t on the stock.—V. 68,
p. 1131.
STOCK & B o n d s —
D ate. Interest. O utstand'g. L a st d iv .f <tc.
S to ck ,$ k 0,000,000 ($100). tex t.
Q .- F . $13,189,000 6 % p e ry e a r.
1st m ortgage, $4,100, < 1888 5
M .-N .
3,864,00t M ay 1 ,1 9 2 8
000, $1,000, s. f ....... o f Trustee, Illin io s T r. & S av’gs Bank, Chicago.
D
ebentures $ l,0
OftO
P* 5[ 1894
6 toJ.oall
- D.a t p a
497,000
Dec. 1, 1914
D ebentures,
0 0 ....c
Subject
r a fte r 1899.
Consol. M., $12,500,000g. J 1896 5g. M .-N .
0,136,000 N o v. 1, 1936
($1,000 e a c h )............. o* \ Trustee, Cent. T r . Co., N . Y . & G. Sherman.
S u bsid iary lin es—
W. Ch. S t.R R . Tun. Co. 1st ( 1889 5
F . - A . $1,500,000 Feb. 1, 1909
guar. p. & i ........ end. o. f Trustee, Illin o is Tr. & S av’gs Bank, Chicago.
P o w e r house m o rtgages.1888-9
5 p. o.
204,000
1928-9
Chi. vv. D. R y. Oo. st’k 100..........$35Q .-J. 20 See tex t. 35% p e r year.
1st m ort. 4 ^ s , ($1,< 00).. 1892 4*$ J . - J .
4,070,000 J u ly 1, 1932
Chic. Pass. R y. Co. sto ck ...........
5
........
1,340,300 5% p er year.
1st m ortgage, c u r........... 1885 6
F .- A ,
400,000 A u g. 1, 1903
Consols. $2,000,000 our- J 1896 5 J.-D .
1,600,000 Dec. 1, 1936
re n ey .............................\ Tru stee, E q u ita b le T ru st Co., Chicago.
In tere st is p a ya b le at com pan y’s office.
Bonds.—O f the $12,500,000 consols under the m o rtg a g e o f N o v e m
ber, 1896, $3,864,000 can be issued o n ly on retirem en t o f an equ ai
am ount o f the outstan ding first m o rtg a g e 5s, and $2,500,000 fo r im
provem en ts and exten sion s a t 75 p er cen t o f the cost thereof.
T h e m o rtgage covers 202*7 m iles o f track, in clu din g W est Chicago
S treet RR ., 72*7 m iles (ow n ed ); Chicago W est D ivisio n R y., 96 m iles
(leased), and C hicago Pass. R y., 34 m iles (leased). See V. 64, p. 176,
-333, 472. Chicago P ass.R y. consol. 5s are reserved to re tire the 1st 6s.
—V. 65, p. 235. The $497,000 o f W est C hicago debentures w ere on
M arch 27, 1901, ca lled fo r paym en t June 1, 1901, but ca ll a fterw a rd
rescinded;
Chicago West D iv is io n Stock is $1,250,000, o f w hich $625,100 is ow ned
b y the W est Chicago S treet Co., the rem ain d er ($624,900) beiDg gu a r
a n teed 35 per cent y e a rly under the lease. Chicago Passenger R ailw ay
stock $2,000,000, h a v in g been in creased fro m $1,000,000 in 1896,
but o n ly $1,340,300 stock has been issued. T h e W est Chicago St. R R
Co. gu arantees under op era tin g co n tract 5 p. 0. on stock, o f w hich
$730,000 is ow n ed by W est Chicago.
G e n e r a l F in a n c e s .—A p p lica tio n dated June 29, 1897, fo r listin g
the stock and bonds on the N . Y . Stock E xch an ge was g iv e n in fu ll in
Y . 65, p. 281, in clu d in g gen era l balance sheet 01 June, 1897, and d e
ta iled in form a tion re ga i ding the leases and finances o f the com pany.
D iv id e n d s — ? 1889. 1890. 1891. 1892. 1893. 1894.1895 to Feb. 15,’ 02
p er c en t.. > 5
5
6
7%
9
9
6 p e r ann.
R o a d .—Owns and leases 211*07 m iles track, operated as fo llo w s :
Cable, 28*91 m iles; e le c tric ity 175-33 m iles; dorses, 6*63 miles.
A n n u a l R e p o r t .—N o separate rep orts now. R ep o rt fo r 1898 w as
in V. 68, p. 1*7.
OFFICERS.—Presiden t, John A . R o se, Chicago; V ice-P resid en t, H . F.
K eega n , Chicago; S ecretary, F. E. Smith; T reasu rer, M. B. Orde.—V.
69, p. 78; Y. 70, p. 634; Y . 72, p. 675, 1079,
G E N E R A L E LE C T R IC R A IL W A Y .
O r g a n iz a t io n —On Janu ary, 18, 1896, obtain ed a tw e n ty -y e a r fr a n
chise fo r a system o f lines fro m the D earborn Station, south on P ly m o u th
and 1 ustoin H ouse Places, and D earborn S treet to 22d >t., con n ectin g
a t 18th St. w ith the Chicago U n ion T ra c tio n Co.; a t A rc h e r A v e . w ith
the Chicago C ity fty,, a u d a t 22d m . w ith the C hicago G en era l R y .,
and In t* obruary, 1897, additional franchises were g ra m ed . which,
tugether with tiie ni si-iicimod, c o v e r 56 iniloc of track, i » in o p era
tion from D earborn E la tion south to Tw enty-second Hi... em bracing
2 ns m ile* of -in gle track.. The com pan > agrees u> pay the city 5 p. o. o f
gross fo r second five years or franchise, I h p. c. fo r third fiv e years
and 10 per cent fo r last fiv « years.
St o c k s db B o n d s — Date.
Interest.
O utstanding,
M a tu rity .
Stock, $ 5 j 00,o o o ............
. . . .......
$3,000 000
lo t M., gold . . . . ___ 1896
5 g. A -O
abt. 500,000
O cL, 1910
M ortgage a u th o ru c* a first U -ue o f $3,000,000, then $2,000,000 fo r
extensions, ana additional amounts at 85 per cent o f cost o f still
further exten sion s and im p rovem en t*. Trustees, T itle <-guarantee 4
Trust Co. o f Chicago and Elate Trust Co. (n ow M o iton Tru st) o f New
York.— V. 66, p. l i g a *
O f f ic e r s —President, J. D. R. B a ld w in , N e w Y o r k C ity; Vice P re s T ,
Ferdin and Goss, Chicago; S ecreta ry, Jos. D. Goodm an, Chicago.
Office, 315 D earborn S treet, Chicago,
L A K E S T R E E T E L E V A T E D R R * —A n electric road.
In vi ay, 190 J, it w as rep orted (hat 0. W. A lle rto n o f Chicago, re p re
senting a *yndi ate, w as ob tain in g option s oq the stock at $18 per
ghaiv, good u n til Ju ly, 1903. V . 74, p. 1089.
O r g a n i z a t i o n —C h artered A u gu st 24, 1892. Th e Z ie g ler bonds h a v
ing been acquired and th e scaling a rran gem en t e a rn e d out the old
bonds have been re-issu-d as p ro v id e d under plan o f F ebru ary, 1895
(in V. 60, p, 391). T h e vo tin g trust lik ew ise has been dissolved. The
new m an agem ent took ch arge Feb. 27, 1901. On Jan. 28, 1901, the
shareholders au th orized t e e purchase o f the Chicago & H a r ijn j R y .,
the consideration being $1,275,000 1st m o rtg -g e 5 p er cen t bonds;
tula includes the $2 l8,000 bonds o f the Chicago
H arlem , which are
to be retired. W ith the $1,275,000, the Lake S treet E le v a te d ls ts
outstanding w ill be $5,860,^00.
A s to lia b ility o f ele v a te d roads fo r dam ages to a d jo in in g p rop erty,
see V. 70, p. 430.
S t o c k & Bo n d s —
Date. In te re s t. Outstand’g. M a tu rity , etc.
Stock, par $ 10 0............................ ............. $10,000,000 ....................
1 O n E ^ ’a n a ’N ? W gF,i.by £ 1893
5 J ~J
5,860,400 J u ly 1, 1923
E qu itab le Trust, Chic , and A m er. Tru st & 8a v. Bank, Ohio, trustees.
Inc. deben.,g., non c u m .,) 18^5 5 Feb. 1
1,009,800 Ju ly 1 ,1 928
$500 & $1,000 bonds.o. >
Subject to c a ll a t 101 on any Feb. 1.
Company in June, 1901, agreed to lim it issue o f 1st m tge. bonds
to $6,000,000, but m ore m ay be issued w ith th e consent or <he N o rth
w estern E levated . V. 73, p 138.
In June. 1902, n otice w as g iv e n that debentures must be exch an ged
fo r first m o rtg ag e bonds b efo re J u ly 1, 1902. V. 7 i, p. 1308.
R o a d —Owns in Chicago a dou ble-track e le v a te d ra ilw a y , M a rk et
S treet from M adison S treet to L a k e S treet, thence to the W estern
city lim its, b ein g 6 2-5 m iles, equal to 14t* m iles o f sin gle track;
also owns from W abash and La k e streets to 52d St. Connects
w ith Suburban R R . fo r traffic outside the city. V. 65, p. 236.
Train s
began running o v e r the L o o p lin e in M arch, 1897. Chicago & H arlem
form s an extension com prisin g 4 m iles m ore o f dou ble track. T o ta l
single track, 22 miles.
R e p o r t —F or years en d in g Dec. 31. R e p o rt fo r 1901, V. 74, p. 265.
1901.
1900.
1901.
1900.
G ross................ $786,462 $757,954 T a x e s .............. $16,624
$13,650
261,826
Oper. e x p ......... 38t*,799 378,661 In t. ch a rg e s ...291,865
L o o p re n t’l&e. 82,970
99,065
N e tre v e n u e ___ $397,663 $379,293 S u rp lu s.......... $6,204
$4,752
OFFICERS—Presiden t, C larence A. K n ig h t; V ice-P res., W . W. O ilier;
Sec’y and T rea s’ r, W illia m V. G riffin, 111 ; M erch an ts’ Loan & Tru st
B uilding, Chicago. - V . 70, p. 1 7 4 , 176, 430, 687, *94, 1049, LL49; V.
71, p. 135, 1167; V. 72, p. 87, 137, 184, 2 4 0 , 283, 438, 1034, 1080,
1136; V. 73, p. 32, 138; V. 74, p. 151, 2 6 5 , 268, 1009, 1308
LOOP
R O A D . —S e e U n i o n E l e v a t e d .
M E T R O P O L I T A N W E S T S ID E E L E V A T E D
R A IL
W A Y —A n e le c tric road.
O r g a n iza t io n - O rga n ized in Illin o is Jan. 16, 1899. Successor on
Feb. J, 1^99 (p er plan in V. 67, p. 126) to the R a ilro a d Co. sold under
foreclosu re on Jan. 4, 1899.
S t o c k & Bo n d s —
Date. Interest. Outstand’g . M a tu rity , etc.
Com. stock (vo t. tru st)..
$7,500,000
P re f.s t’k, 5 p.o. non-cum. , }
8,708,100 Feb. 28,’ 02,1%
$9,000,000............
A u g. 1, 1938
9,808,000
1Sn n n r
\ Cent. T ru st Co., N .
and G. Sherman, trus.
UUU)’ goia................. c V In t. a t C entral Trust, N. Y . and Chicago.
1st M. E xt. $5,000,000) .1901 4 g. J-J
3,000,000
J u ly 1, 1938
($1,000) gold, red. at 1N o rth ern T ru st Co., Chicago, trustee. In t.
105 od any in terest day ( at com pan y’ s office in Chicago, o r C en tral
a t 60 days n u tice___ o* J T ru s t Co., N. Y .
Th e title to the com m on stock is vested fo r d y e years (unless
in any one yea r during th at period dividends o f five p er cent shall
have been paid on the p referred stock) in F red eric P. Oloott, W alter
G. Oakman aud Sam uel Thorne, as v o tin g trustees, w ho shall v o te
on ly fo r directors re c e iv in g a m a jo rity v o te o f the p referred stock.
The vo tin g trustees shall nut vo te to create a n y lie n o r ch arge upon o r
fo r the lease or sale o f the p ro p e rty o f the com pany w ithou t the con
sent o f a m a jo rity in am ount o f v o tin g tru st certificates.— V. 67, p. 789.
Th e n ew e x te m io n m tge. o f 1901 covers the extension s as a fir^t lien
and the rest o f the p ro p e rty as a second lien , subject to the 10,000,000
1st m tge. A m o u n fis su ed on present extensions, $3,000,000, reserved
fo r fu tu re extensions, $2,000,000.
H as guaranteed $407,000 bonds o f U nion Consolidated E levated .
In March, 1900. the N e w York Stock E xch an ge listed the 1st m tge.
bonds and the com m on and p re fe rre d stock.— V. 70, p. 737.
R oad —From tUe Board o f T rad e B u ildin g w e s te rly about 53* m iles,
with branches; to ta l len gth o f ro a d (in clu ding D ou glas Park branch,
opened May, 1902), 16*60 miles; the first 1*67 miles are fou r tracks,
the rest tw o tracks, m aking sin gle tra ck m iles 3H*6<>; also leases the
Union C onsolidated E levated , 43-5 m iles, m ik in g tota l operated 40*98
m iles o f track. H as jo in t lease w ith oth er ele v a te d roads o f the Union
E le v a te d o r *‘ L o o p L in e.” Road began using loop in O ctober, 1897.
Th e road is operated by elec tricity. See. V. 58, p. 866. R igh t o f w a y
is la rg e ly o^yned in fee and m ortgaged to secure the bonds; M arch 1,
1902, had 87 m otor cars, 2 4 passenger cars and 10 oth er cars.
Gauge, 4 ft. S 1^ in. Th e extension know n as the G arfield P a rk Branch,
^ m ile elev a ted and in cline, w ill be com pleted b y J u ly l , 1902.
REPORT—F o r fiscal years en din g F e b ru a ry 28:
1902.
1900.
1901.
31,656,972
29,542,256
Passengers c a rr ie d .......... ........ 33,910,790
$1,582,575
$1,477,113
Passenger earnings .................$1,6*5,243
46,162
47,001
Micicellaneous ea rn in gs...........
58,070
1
Y.,
_ _ _ _ _ — a._____
$1,628,737
Gross earnings ..................$1,753,313
703,906
O peratin g e x p e n s e s .................................. 737,210
$1,524,114
6o3,331
$924,831
8,352
$870,783
$933,183
$880,804
N e t earnings ...........
$1,016,103
In tere st on b a la n c es................
4,640
T o t a l ........................ .
....$1,020,743
10,021
STREET
25
RAILW AYS
Deduct—
1902.
1901.
1900.
R e n t a l* ....................................... $202,122
$190,989
$180,451
T a x e s ..........................................
149,335
54.517
50,819
In t e r e s t .......................................
392,320
384,153
378,320
M iscellaneou s.............................
37,^76
49
1,100
D iv id e n d s ................................. (3% )261,243 (3^% )30 4,783 (2**% ) 225,0 00
B a la n ce................................ def.$22,253
def.1,307 sur.$45,114
DIVIDENDS.—F irs t d iv. on pref. stock, 2 ^ per cent, Feb. 28,1900 (out
o f earnings for fiscal y e a r en din g Feb. 28, 1900), and 2 n. c. A u g. 31,
1900, out o f earnings fo r ducal yea r ending Feb. 28. 1901, anu l 1^
p. c. F eb , 1901; A u g. 31, 1901,2 p. o.; Feb. 28, 1902, 1 p o.
OFFICERS—Presiden t, Dickinson M cA llis te r; V ice-Pres., Seo. and
Treas., G eorge H igginson Jr. Office, 169 Jarkson B oulevard, Chi
cago.—V .70. p. 2 2 8. 328. 633. 7 3 7 , 945; V. 71. p. 288; V. 72, p. 134,
339, 722, 936, 1080, 1 1 3 4 ; V. 74, p. 151, 327, 528, 577, 82 8,1252.
N O R T H E R N E LE C T R IC R A I L W A Y —
O r g a n iz a t io n —Chartered in 1894 fo r 50 years C apital stock is
$50,000. 1st m o rtgage bonds dated L 9 4 , due June 1, 1914, $50,000;
tru ste e, Chicago T itle A T ru st Co. O w ns 5 m iles o f track from 56th
to 68th Streets on North A E x t e n s i o n to Fran klin Park planned.
In M ay.*99, a e o n tro ll ru in te rest w as acquired by C levela n d people.
OFFICERS.—P re s ’t, B. M ah ler; Sec., Q. W . M cK isso n ; T reasu rer, E d
w a rd M oore.—V. 69, p. 1077.
STOCK & B o n d s —
Date. Interest. O utstanding.
M a tu r ity .
Stock, $10,323,800......................
Q-M
$10,323,800 Jun* *0/02.1%
1st mort., $1,500,000, > 1897
4*u
750,000
J u ly 1,1907
re d .,s e e te x t; curren cy. > Tru stee, 111. Tr. A Sav. Bank, Chicago.
Bonds.—O f the $1,500,000 authorized in A p ril, 1897, $750,000 are to
be held fo r future im p rovem en ts and additions. Bonds are red eem
able withlu five years from date at 105 and a fte r five years at 102,
denom inations are $500 and $1,000— See V. 64, p.S43.
iH rid tn d .— F irst divid en d o f 1 per cent (out o f earn in gs fo r fou r
months en din g A p r il 30. 1899) w as paid M ay 1, 1899; then Sept. 1,
1 per c e n t; Deo. 30, 1 p e rc e n t. In 1900,3 p. c. In 1901, 3*y p. c. In
1902, M arch 30, 1 p. c.; June 30, 1 p. c.
A n n u a l R e p o r t — F o r years en din g Deo. 3 1 : (R ep o rt year ending
Dec. 31,1901, in V. 74, p. 375)
1901.
1900.
1900.
1901.
Gross re c’ts .$ l,362,231 $1,286,638 8ur forstock$483,521
$504,486
N e t a fte r
D iv ld s .. (3*2)357,955 (3)306,765
taxes, AC.. 517,271
538,236
B a l.fo r y e a r $125,566
$197,721
In te re s t......
33,750
33,750
O F FIC E R S— Presiden t, L e s lie C a rter; V ice-Pres., T. J. L efen s; Secre ta rv and T reasu rer, J. II G la d e; A u d itor, H F. H ardy. Office*
47 Congress St., C h ic a g o .- V . 70, p. 2 2 7 , 430, 481, 248, 1250; V. 71, p236; V. 72, p. 243, 3 3 6 ; V 73, p. 495; V. 74, p. 152, 3 75, 479.
SUBURBAN
O
r g a n iz a t io n
R A IL R O A D -A
tro lle y road.
— In co rp o ra ted under g e n era l ra ilro a d la w o f Illin o is
M ay, 1895.
ELEVATED R R Date.
Interest.
Outstand'g. M a tu rity .
O r g a n iz a t io n — A ll the righ t o f w a y is ow n ed in fee, e x c e p t at street
S t o c k & Bo n d s —
$1,250,000 ....................
crossings. Road w as fo rm a lly op en ed fo r business on M a y 31,1900. Stock, $1,250,000.......... ...........................
5g. M-S
1,250,000 M ar. 2, 1916
—V. 70. p. 1049.
1st M .,$3,000,000, gold. 1896
T ru stee is Chicago T it le A T ru s t Co.
In Sept, 1901, the Union E lev a ted R R . was acquired. T h e new
m o rtg a g e fo r $25,000,000 was authorized fo r this purpose. A u th o r
O f the $3,000,000 bonds au thorized, $1,250,000 w ere issued to build
ized ca p ita l stock was in creased to $25,000,000, to p ro vid e fo r the the road ow n ed and to equ ip a portion o f the leased lin es w ith tro lley.
c o n v ertib le fea tu re o f the bonds.
Th e rem a in d er m ay be Issued fo r exten sion s bu ilt and equ ipped at
$50,000 per m ile fo r double and $30,000 per m ile o f sin gle track.
STOCK a n d B o n d s —
D a te. In te re s t. O utstanding.
M a tu r ity .
8took, $5,000,000 ......................................... $5,000,000
.....................
R o a d —O w ns 33*5 m iles o f track, ex ten d in g from term inus o f Lake
Pf.stook.5p.e.,$20,000,000. non-oum.
5,000.000
..................... Street E lev a ted a t 52d S treet and M etrop olita n E lev a ted at 48tb
F irs t refu n din g m o rtg ag e 11901 4g M -S 14,000,000
Sept 1,1911
8treet, through c ity o f C h icago, Cicero, Grossdale, L a G range, etc.
$25,000,000. conv. (go ld ) > In te re s t a t Illin o is Tru st A Savings Bank, Leases from the Chicago T erm in a l T ra n sfe r R R . (fo r 50 years) the
($1,000,$ ,000,$10,000) )
Chicago, trustee, o r B la ir & Co., N. Y.
Chicago H arlem A B a ta v ia and C hicago A Southw estern roads to
Bonds — O f the new $25,000,000 M.. presen t i*sue is $15,000,000, o f H arlem race tra ck , A u stin, R id gela n d , Oau Park, etc., 24 m iles o f
w hich $ ’ ,000,000 rem ain in the treasu ry a va ila b le fo r im p ro vem ’ts, Ao., track. T o ta l track operated, 57*5 m iles, a ll tro lley e x c e p t C. A 8. W .
T h e n ew bonds are c o n v ertib le at the option of the holder into preferred tracks from H a rlem to R iv e r Forest and alon g W est 16th and 19th sts.
stock, and can be redeem ed at a n y tim e at tt e option o f the com pany
OFFICERS—P resid en t. L. 8. O w sley ; V ice-P res., F. H . Roeechlaub
at 102*9 and acorued in terest on o r a fte r Sept. 1, 1906. I f called
fo r redem ption, the h older w ill h ave the rig h t eve n then to ta k e p re 8ec. and Treas., E. C. V easey; Supt., J. W h itsell.— V. 64, p. 331; V . 65,
p. 236.
ferred stock in lieu o f cash.—V. 72, p. 1081.
T o tin g T ru st.— Both the com m on and p referred stocks h ave been de
U N IO N C O N S O L ID A T E D E L E V A T E D R Y .posited w ith the Illin o is T ru s t A S avings Bank, dep ositary, under
O r g a n iz a t io n — Form ed in 1896 and b u ilt from U nion E le v a te d at
v o tin g tru st agreem ent, ves tin g co n trol o f the com pany in the hands
o f the v o tin g trustees, consisting o f John J. M itch ell, M arshall Field 5th A v e . w est to M a rk et St.; th en ce to the M etro p o lita n W. S. E l.; o p
and James A. Blair, until M arch 1, 1909. I f at th at tim e the fu ll 5 erates *2 m ile.
per cent d ivid en d on the p referred stock has n ot been paid for three
STOCK & BONDS—
Date.
In t.
O utstandfg.
M a tu rity .
consecu tive years, t h e ^ t i u g trust continues u n til dividends shall have 8 to c k ................................................................ $1,000,000
................
been paid fo r three con secu tive years on such stock.
Series “ A ” 1st m ort., g o ld ,) 1896 5 g M -N
407,000
N o v . 1, 1936
gu. p. A i . by M et.W .S.El. $ Tru stee,G .8h erm an,V .-P’t,C en .T r.C o .,N .Y .
E a r n in g s - F o r v e a r en din g Dee. 31. 1901: Gross, $1,100,Q63; net,
$724,723; int. and ta xes, $463,800; rentals, $101,635; sur., $159,288.
M o rtga g e $1,000,000, o f w hich $500,000 series A . - V . 63, p. 1065.
R o a d —Th e road starts at the in tersection o f W ilson and Evanston
O f f ic e r s -—P resid en t, W m . G. A d a m s; V ice-P rest., C. V . W eston ,
avenues, seven m iles from the Court House, and has 5*52 m iles o f four- 8ec. A Trea s., W. V . Griffin.
track, m akin g 28 m iles single-track. R ig h t o f w a y is a ll ow n ed in fee
ex cep t at street crossings.
U N I O N L O O P . —See U n ion E le v a te d R R .
OFFICERS—Presiden t, Clarence Buckingham ; V ice-P resid en t, Chas.
Counselman: Sec. and Treas.. W . V. Griffin. D irectors.—C larence Buck
inghain. Charles F. A y e r , C larence A . K n ig h t, Charles Counselmau.
W . W. M iller, John B.D ennis, o f B la ir A Co. and W . V . G riffin.—V. 70,
p. 39, 76, 125. 329. 382, 687, 946, 1049, 1150; V. 71, p. 135, 1068;
P o p u l a t i o n 1900 w a s 325,902; i n 1890 w a s 296,908.
V . 72, p. 439, 1081; V. 73, p. 32,237, 287, 8 4 1 ,9 5 7 , 1062, 1161, 1208;
a n d IN 1880 w a s 255,139.
Y .7 4 , p. 152, 3 7 5 .
NORTHW ESTERN
C I N C I N N A T I , OH IO.
( 1 ) U N IO X E L E V A T E D E A I L R O A D . In Septem ber, 1901, N o rth w estern E le v a te d R R . purchased stock at
a p rice eq u iva len t to $125 per share (V. 72, p. 1082) and road is n ow
know n as the U uion L o op D ivision o f the N o rth w estern “ L .”
I t is
used b y all the Chicago ele v a te d roads, and re ceives one h alf cen t
fo r each passenger carried, besides a ll expenses fo r o p era tin g, repairs
and taxes.
STOCK & BONDS—
Date. Interest. O utstand’g.
M a tu rity .
S to c k ,$5,000,000(p a r $100) ...................
$5,000,000 Oct., 190*', 2
1st M .,$5,000,000,g. $1,000 1895 5g. A - 0
4,387,000 Oct. 1, 1945
In te re s t at Chase N a tio n a l Bank, N e w Y o rk .
R e p o r t —F o r fiscal y e a r en din g N o v . 30, 1 90 0: R even u e from
lessees, $428,837 ; oth er incom e, $1,603 ; int. on bonds, $219,350; e x
penses not borue by lessees. $34,746 ; balance, surplus, $176,344. In
1898-99, surplus w as $145,775.
R o a d —T h e lo op is 1-98 m iles in len gth , dou ble tra c k e d (80-lb. ra ils),
and runs on L a k e ^t. to W abash A v e ., to Van Buren St., to F ilth A v e .,
to L a k e St. R oad opened Oct. 10, 1897. Train s o f the L ake St.,
M etrop o lita n W est Side, and South Side n ow o p era te o v e r the loop.
OFFICERS—Presiden t, John B. D ennis; V ice-P res., C larence B u ck in g
ham; Sec. and Treas.. W . V. G riffin.—V. 66, p. 762; V. 6 8 ,p. 2 7 9 , 284
V . 69, p. 492; V. 70, p. 585; V. 72, p. 88, 439, 1082.
S O U T H C H I C A G O C IT Y R A I L W A Y C O O r g a n iz a t io n —I n corporated M a y 31, 1883. O perates tw o line®
from Jackson P a rk to 106th S treet and the In d ia n a State Lin e. H a m
m ond W h itin g A East C liica go is con trolled in same in terest.
STOCK & B o n d s —
Date. Interest. Outstaud'g.
M a tu rity .
Stock ($2,000,000 a u th .).................................. $1,603,800 ...................
1st m ortgage, cu rren cy---1890 5 J - J
50,000 J u ly 1, 1910
1st m ort. $5,000,000, g o l d )
1893 5 g .A -O
1,513,000 A p r. 1,1913
$ l,0 0 0 c '......................... 5 In t. at Illin o is TT. & Sav. Bk., Trustee, Cliic.
R o a d — O wns 34 m iles o f tra ck in Chicago and controls tne Grand
Crossing & W in dsor P a rk R R . Co., 3 m iles; to ta l 37 m iles. Rails
75 and 85 lbs. Ham m ond W h itin g & E. C. E le c tric g iv e s a lin e to
W hitin g, East Chicago and R ob y (Ih d .)f and m akes a d irect rou te o f 14
m iles from 63d 8t and Madison A v e ., C hicago, to H am m ond, Ind.
OFFICERS—Presiden t, D. F . C am eron; V ice-P resid en t, D. M. Cum
m in gs; S ecretary, Treas., O. S. G aither.—V. 67, p. 1002; V . 69, p. 1063
S O U T H S ID E E L E V A T E D R R . — (“ A L L E Y E L E V A T E D ” )—A n elec tric road.
O r g a n iz a t io n —Successor January, 1897, to Chicago A South Side
R. T. R R . (foreclosed per p l a n V. 63, p. 1158). J u ly 31, 1900. the A p
p ella te Court sustained the v a lid it y o f the foreclosu re ( V. 71. p. 236),
and on Feb. 21, 3 902. th a t decision w as concurred in b y the State
Suprem e Court. V . 74, p. 4 7.
R oad — O wns ele v a te d road in o p era tio n in Chicago upon a purchased
rig h t o f w a y from Congress S treet to Jackson Park , 8*56 m iles of
double and trip le tra ck ; to ta l sin gle track, 19*44 miles. O peration
o f train s o v e r the 44L o o p ” (U nion E le v a te d ) began O ctober 18, 1897.
E le c tr ic ity w a s in troduced as m o tive p o w er la te in A p ril, 1898.
C IN C IN N A T I D A YTO N & TOLEDO T R A C
T I O N C O - - A t r o lle y road.
This com pany is con trolled b y the Pom eroy-M an d elban m syndicate.
O r g a n iz a t io n —In co rp o ra ted in Ohio on M a y 19, 1902, and is a con
solidation o f the Southern Ohio T ractio n Co., C in cin nati A N o rth
w estern R v , M ia m i*b n rg A G erm antow n T ra c tio n Co and the H a m il
ton & Lin d en w a ld E lec tric Jran sit Co. V. 74, p. 884, 10*7.
STOCK & B o n d s —
Date. In t e r e s r O u'stand'g. M a tu rity .
Stock. $5,000,000 ($ 1 0 0 )................................
$3,000,000
...............
Cin. D a y
& T o l m art. , } 1902
5g.J-J.
1,200,000 J u ly 1 , ’22
$5,000,000, g. ($1,000)
5 In t. at C levela n d Tru st Co., Trustee.
Southern Ohio Trac. 1st cons.
$2,000,000 ($1,000). gold, c\ 1900 5 g. M -N $1,350,000 M a y 1 . ’20
in terest a t C lev. T ru st Co., Tru stee, o r at Standard T ru s t Co., N . Y .
Cin. A Ham . Elec. 1st g.($50“ ) ) 1898 6 g. J A J $400,000 A p r. 1,1918
$500,000. n ot subject to call. $In t. at A m . T r. Co., C levela n d , trustee.
L oa n s Guaranteed b y Cin. A M iam i V a lle y T ra c tio n .
D ayton T ra c tio n 1st M .. ( 1896 5g. J-J
250,000
J u ly 1 ,1 9 1 6
g. ($1,000), int. gu a r..o* \ In t. at F m a n ceC o . o f P e n n .,P h ila ., tru stee.
H F ^ o t ®?anMt\nPl eM W8alfd ^ 901- 5 g .J -D
250,000
Dec. 1. 1911
a A A ft - 1/® L a ,8' * S In tere st at C levela n d T ru s t Co., tru stee.
M iam . & D erm 1st. guar., * 1901
5 g. J-D
50,000
Deo. 1. 1911
($50,00u) g. ($l,OuO).o* ] In te re s t a t C in cin n ati T ru s t r o., Tru stee.
Bunds. N on e o f the issues are subject to call. O f the $5,000,000
Cin D ay. A Tol. T r *c . issue $2,300,000 is reserved to re t re prior liens
and $ 1, 00,000 fo r fu tu re use.
O f the $2,o00,000 80. Ohio T ra c tio n bonds, $650,000 are re serv ed to
re tire Cin. A Ham . E lectric bonds and D ayton T ractio n bonds. Issue
listed on Ph ila d elp h ia Stock E xch an ge.
Th e D ayton T ractio n Co.
also had $39,000 debentures, but these are to be re tire d Ju ly 1, 1902.
Th e H am . A Lin d . E lec. Tran , bonds can not be ca lled b efo re m a
tu rity ; a sinking fund, h ow eve r, is p rovid ed, b egin n in g w ith Dec. 1.
1906, o f 5%, and in crea sin g by 1 p er cen t a d d ition a l each y e a r u n til
1911.
E a r n 'NQS—O f Southern Ohio T ractio n fo r the y e a r en din g A p r il 30,
1902, w ere as fo llow s: Gross, *353,144; o;*er exp and taxes, $186 365;
n et receipts, $i 66.779. H a m ilto n & L in d en w a ld E le c tric T ran sit Co.,
nine m onths to M arch 31. gross, $41,139; net receipts, $11,145.
R o a d - O w n s and operates 79 m iles o f track, con n ectin g C in cin nati
w ith D ayton.
O f f ic e r s —Presiden t, M. J. M andelbaum , C levelan d ; F irst ViceP r e s t , W ill Christy, A kron ; Second V ice-P rest., O. V. Parrish . H am
ilton , O.; Treas.. F. T. P o m eroy, C leveland; Sec. and Asst. Treas.. H*
C. L a n g , 2 15 G arfield Bldg., C leveland. V. 73, p. 82, 844, 1062, 1113,
1208, 1265; V. 74, p. 96, 328, 884, 938,1037, 1039.
C I N C I N N A T I & E A S T E R N E L E C T R IC RY.
—To be a tro lle y road.
O r g a n iz a t io n —In co rp o ra ted in Ohio on Aug. 28, 1899. Is ow n ed
b y the same in terests as the R a p id R y. Co. and the Suburban T ra c tio n
Co. b elow ,
S TOCK & BONDS— D ate.
In terest.
O utstanding. M a tu rity .
Stock. $500,<u0, *1 0 0 ........
.............
$500,00'»
...
........
1st M ., $500,000, g. > 1901
5 g. Q.-J.
500,000
1926 ^
($500 & $1,000) c&r $ In tere st at C in cin nati Tru st Co., Trustee.
STREET RAILWAYS
tu ( tuGiaoati ana New
li- lulloS Of tr ac k in
liU ’b
deli is no w under com tiructi*m. tiiaugc, 5 tl. *i Bj ia.; 70
Has tr aflio
girdeit* rail
to.lid yo Lb, 1
foment w ith ( i ucinn a t i
'J jjj -lio n i *0 t or <uiitraiiCG la to i iu eiu ua. i
Prtas. and Geu. M gr., G R bcringbain; V ice-1'res., Lee
n . b -iookii
G- *Uid X't ras , J. M. K rlmeet.'J; A.« at. Bee. aV Tre us., W. K.
Bu t!luiij aUpl , B . i; Merw lu .—V. 73, p. U 17; V . 74, p. 679.
I
T J H E R i A T H D R A I L W A VX”- To bifo a trolloy roai
is co a*
un*
1001.
D
U
J
Inc
orporated
in
Ohio
f
Q
A
N:
2
0 ^
IATION.
tTull ed in t^aiu
tteroslis its Claciiiiiat i & kiaatc) •u E lectric Ry . aud tiic
bubl
TraiGtt011 Co
O1a is ‘nnti'g. M a tu rity .
HT OCK 6t Be i
*
DtiU.
In t t rent.
f; [0(5.k, $70i0,0<JO 1A 100)
$700,000
k $7<-'(>,(
700,000
1927
1st lB
) 1902
5 g. <4 j
>uu & $1, 0(3 j) Oitr ji In terest at €iucin.uati Iru&t ( 0.» 1 rust foe.
IS ti > 0|jerate 32 mites o f tr;xck b etweien Cincinnati and Ld>’
Rc
a oo i1, w ill 1 a 1) rajuob of 1 sj m iles froini Soutli Lebaaou to M orrow .
Roa<1 undtU* Gims m ietiicm Gauge, 5 \it,, - 1 in : 70-lb. T rail. Cars ente r t moiiLnati ov 0r tra eks o f the Lim ■ IlUy.ti Tr.action Co
O f fic e r s *—P res, ami Gen. Man , G. R. Scrugham; Vice Pres., Lee
H. Brooks; Sec. and Treas., J M. Kennedy; feupt., F. H Talbot,
T H E S U B U R B A N T R A C T IO N
le y road.
C O . - T o be a tro l
O r g a n iz a t io n .—In corporated In Ohio on M ay 10, 1901. Is oper
ated by Interests also ow ning the Rapid R a ilw a y Co. and the Cinoiu
natl & Eastern E lectric Ry.
S to c k A Bonds—
,Date
Interest.
Outstand’g M a tu rity .
Stock. $600,000, $100.. _____
___
$600,000
.................
1st rot ge.. $600,0 j0, g. < 1912
5 g. Q -J
600 000
1927
($500 & $1,000). car S' In terest at Cincinnati Trust Co., Trustee.
ROAD - W ill operate 2$ miles o f track from Cincinnati to Bethel,
w ith a branch o f 5 miles to Batavia. Is n ow under construction.
Gauge, 5 ft. 2% ia.; 70-lb T rail. H as traffic agreem ent w ith the
Cincinnati Traction. Co. a llow in g its cars to enter Cincinnati o ver
tracks o f the la tte r company.
O f f ic e r s *—Pres, and Gen. Man , G. R. Scrugham; Vice-Pres., J. M,
Kennedy; see . Lee II. Brooks; Treas., Guy W. M allon; Supt., B. E.
M erw ln .—V. 74, p. 52 8,
C IN C IN N A T I
MOUTH R R -
GEORGETOWN
& PORTS
O r g an iz a t io n .—Form erly a narrow -gauge steam road, but In O cto
ber, 19 >i, was purchased by Comstock Bros, o f D etroit, and changed
to standard-gauge electric.
S to c k & Bonds—
Dale. Interest.
Outstand'g.
M a tu rity .
Stuck, $1,500,000............................. .......
See text.
............ .
1st mtge., $1,000,000 / 1902
5 g. J. J.
$800,000
Jan. 1, 1927
gold ($1,000)...... c* i In t. at Union Sav. Bk. & Tr. Co., Cinein., Trus.
.S' <>' I: and B nds.—$200,000 are reserved fo r extensions. N one o f the
stock has yet been issued; Is all ow ned b y the oflioers and directors.
E arnings . —F o r year ending June 30,1901, gross, $85,334; net, $17,*
826; fixed charges, $17,858; deficit, $32.
R oad -—Operates 42 miles from Cincinnati southeasterly to G eorge
tow n.
OFFICERS- Prest., A . W. Comstock; Vice-President, C. C. Tennis;
8ec. and Treas., It. E. Field .—Y. 73, p. 1263; V. 74, p. 727.
C IN C IN N A T I L A U R E N C E B U R G & A U R O
R A E L E C T R I C S T R E E T R R .—A trolleyroad.
O r g an iza tio n —In corporated in Novem ber, 1898, to build a lin e con
necting Cincinnati w ith Aurora, Laurenceburg and H arrison.
Road is in operation from Anderson’ s F e rry at Cincinnati to Aurora,
and Harrison and Laurenceburg, 38 miles. In July, 1889, capital
stock was increased from $35,000 to $750,000. The Union Savings
Bank & Trust Co, o f Cincinnati sold $650,000 o f the bonds in Jan.,
19 , and an advertisem ent stated that no dividends w ou ld be d e
clared on the stock fo r five years, so as to create a surplus fund a v a il
able lo r betterm ents and extensions.
S t o c k s & B onds —
Dale. Interest. Outstanding. M a tu rity .
Stock, $750,000....................... ........................
$750,000
..........
1st m ortgage., $750,000)
1899
5 g. J.-J.
750,000 Ju ly 1, 1919
($.,000), g o ld .............) Int. a tU n . Sav. B k & Tr. Co., Cum., trustee.
D ir e c to r s —J- G. H ooven, President, o f H am ilton, O., C. E. H ooven ,
G. H. H ilv e y , F. D. Shaffer and Stanley Shafer; Treas. and Gen. M an
ager, C. E. H ooven, Cincinnati.—V. 69, p. 743; V . 72, p. 136.
M IL L
C R E E K
V A L U E Y
S T R E E E T
R R Name v. -a-T e t i i n 1898 from cm 11am. Mid, &
Day toil &K
author zed ai> i H^acd, £1 ,Ui»0,000 coin m o n ; pro*
fui’ to 1, ■"> p*-r n,|it euiiiniciilvc, auth UlZud ami Jc^utsT, $750,000.
In June, 1902, it . a ;•
r i m at road would be taken over under
lease uy the Cincinnati Traction Co.
R g a d _ *9 w iii 7 Hj m il.--t of double track, o f which 1% mile * between
Zoological Cardeiiis and Mitchell A. venae, Ciiieinuati. held under pexpcluai' leaTrj. &AteuUOIi 10 'HfonJaie, Ohio, COIlipic' ed lli J dll., 1901,
making 5 miles doable tra k additional. A ltogether ha* 25 miles of
track. President, H, H, Hoifm-aii; V'iee-Ffreti,, B, L., Kilgou r; Bee. and
T i ea h-. H enry Burk hold, all of Ciiieinuati; Gen. Man., W. G. Wagonhali, St. Bernard, Ohio.—\\ 07t p. 530
O rganizatio n
(I)
H A M IL T O N G L E N D A L E & C IN C IN N A T I T R A C T IO N .
O rg an iz a tio n .—Operated as an extension of the M ill Creek V a l
ley Mt RR., connecting with name a t G iti dale an<i running to H a m il
ton City Line. Com pleted in August, 1901; h a» 13*a miles o f tracit.
Capital stock, $230,000, fa ll paid. Same officials as above
CLEVELAND,
OHIO.
P gI'CLaxton 1900 was 381,768; us 1890 was 261,353;
and
IS 1880 w a s 160,146
C L E V E L A N D C IT Y R A I L W A Y -
A tro lley road.
A n early consolidation o f this road and the C leveland E lectr.o Ry. is
expected.
O r g an izatio n —Chartered in 1803. K n o w s as “ L ittle Consolidated.”
On March U , 1901, the three-eent fare ordinance passed by the City
Council in 1898 was declared unconstitutional bv Judge Ricks in the
U n ited States D istrict Court at Cleveland. See V. 72, p. 532.
On Jan. 20, 1902, authorized stock was increased from $8,000,000
to $d,000.000 to provide for im provem ents, extensions, &c. F o r de
cision in suit o f stockholders o f form er C leveland c ity Cable Co. see
V. 74, p. 936.
STOCK & B onds —
Date. Interest. Outstanding
M a tu rity.
Stoek<$100) $9.000,000.............
Q .-J .y
$7,600,000 A p r .,’ 02,1%
Cleve. City Cable Ry. > 1899 5g.J.-J.
2,000,000 Ju ly 1, 1909
gold,$1,000e.& r.lstM 5 Trustee is Central Trust Co., New' York.
E a r n in g s —
Expenses.
Net.
Passengers.*
Oalendar year.
Gross.
...........
$925,962
$754,972
1901....................... $1,680,934
899,830
585,318
...........
1900....................... 1,485,148
859,914
620,951
30.451,967
1899....................... 1,480,865
746,291
475,872
25,089,438
1898....................... 1,222,163
431,173
22,313 334
669,644
1897....................... 1,100,817
462,768
22,916,513
1896...................
1,131,863
669,095
* N o t including transfers.
Dividends—F or 189K paid 2 p.c.; 1897, 2 ^ p. c.; 1893, 3 p. c.(% p. e.
Q-J); In 1899, Jan., 3% p. c.; m 1900, 4 p. o.; in 1901, 4 p. 0.; in
1902, Jan., 1M p. c.; A p ril, l l i p. c.
ROAD—The oom pany operates 86 m iles of eleotric track in the city of
Cleveland and suburbs on 41 miles o f streets, exten d in g 6 miles east
and west o f c ity limits. W eight o f rails, 82 and 98 lbs. A n extension
of 5 miles o f double track on N ew C lifton B ou levard from Lake Ave.to
Rooky R iv e r and enlargem ent o f p o w er plan t are now under con
struction. This lin e was com pleted June 1,1902. to E dgew ater Park.
OFFICERS— President, M. A. Hanna; Vice-President, C. F. E m ery;
Secretary and Treas., John Ehrhardt.—V. 62, p. 363, 664; V 71, p.
1310; V. 72, p. 532, 1279; V. 73, p 184, 1061. 135); V. 74, p. 93, 205,
378, 936, 986.
C L E V E L A N D E LE C T R IC R A I L W A Y .O r g an iza tio n —On March 4, 1902, this p rop erty w as sold by the
Bankers’ <. om m ittee o f the Everett-M oore syndicate to a syndicate
headed b y H orace F. A n d rew s o f Cleveland at $80 per share. I t is
expected that a consolidation w ith the Cleveland C ity R y. w ill be a r
ran ged before long.
STOCK & B onds —
Dale. Interest. Outstand’g. Latestdiv.,etc.
Stock .$100). Q.-J. y$13,000,000
A p r.,1902, 1%
Bonds assumed—
(189 2 5 M-S
1,000*000 March,
1910
E. Cl- v. R R . 1st M ($1000) ( In terest at Central Trust Co., N e w Y ork .
Brooklyn St. 1st $1,000..
1883 6 M-S
300,000 Sept. 1, 1903
i eon
nnn
5 1890 6 M -S
300,000 Sept. 1, 1903
do m o it. 1890 $1,000.. | I a t , at g aTirLK8 & Trust Co., Cleveland.
Qrmtn
i ct « i ogo
^ 1888 6 M —S
300,0 0 Sept. 1, 1903
boutn biae is t $ i,u u u .... . 5 In L in Philadelphia at F id elity T rust Co.
Cleveland E lectric R ailw ay—
«
, r /<t>v i / a \ or,in „ , ( r S 1893 5g. M-S 2,450,000 Mch. 1, 1913
T H E C I N C I N N A T I T R A C T IO N C O-Con. M. ($1, 10) g o la .c d.r < In t attru stee, Central Trust C o.,N .Y.C ity.
O r g a n iz a t io n . In corporated in Ohio on Feb. 19, 1901, w ith an au
Bonds— Consols, o f IS03 fo r.$1,900,000 reserved to re tire the bonds
thorized capital stock o f $2,000,000 (which has a ll been paid in ), to assumed.
Bonds in excess’ o f $3,500,000 (Including the $1,900,000
take overu n der lease the Cincinnati Street R y. Co. See V. 72, p. 391.
In N o v , 1901, acquired a m a jo rity o f the $100,000 capital stock o f the reserved as above), cannot be issued except fo r 85 p. c. o f th e cash cost
•Cincinnati Z oological Co., which owns the Zoological Garden at Cin o f extensions o f m ileage and increase o f plant. The.bonds are a first
lien on the B roadw ay & N ew b u rg system and on a ll extensions m ade
cinnati
and p roperty acquired subsequent to the consolidation; th ey cannot
O f f ic e r s .—P resident and Gen’l M gr., W. K esley Schoepf; Chairman be called b efore m aturity. V. 61, p. 749.
E x ecu tive Comm ittee. Hugh J. McGowan, Indianapolis; 1st ViceDIVIDENDS—The qual'terly dividend was passed in January, 1896; in
Pres.; J. B. Foraker Jr.; 2d Vice Pres, and Asst. Gen. M gr., R. I. Todd;
A p ril, lr 9 6 , paid % p. e.; in 1897, 3 p . e..; in 1898, 3% p. e.; in 1899,
Sec.. S C. Cooper; Treas., Dana Stevens; Puroh. A g t., J. H. Schoepf; 2% p. c. (O ctober dividend h avin g been passed on account o f strike);
A u d ’r, W. H. M cA llister.
in 1900, 3% p. c.; in 1901, 4 p. c.; in 1902, Jan., 1 p. 0.; A pril, 1 p, c.
Ea r n in g s —F or calendar y e a r 1901 gross earnings w ere $3,291,853,
R oad —The company operates “ an a gg reg a te single track o f about
■which compares with $3 135,198 fo r calendar year 1900.—V. 72, p.
134 miles ; p ractically all the lines are double-tracked.”
136, 301, 437,1034, 1279; V. 73, p. 1111.
L a t e s t E a r n i n g s — Jan. 1 to M ay 31, 1902, gross, $961,029, against
( 1 ) C IN C IN N A T I S T R E E T R A IL W A Y .—Electric.
$853,438.
«:
W as leased on Feb. 21,1901, to the Cincinnati T raction Co. fo r the
A n n u a l R e p o r t — F o r the years ending D ecem ber 31:
umexpired term o f the franchise granted by the city o f Cincinnati on
1901.
1900.
*1899.
A im . 13,1896, and all successive renew als and extensions o f the same. Gross earnings, all sources.
$2,296,898 $2,0.61,504 $1,509,003
Th e rental is intended to provid e dividends o f 5% per cent fo r the first O perating expenses and ta xes .. 1,265,953 1,121,037
967,945
*
—----■
J , _ -■
an
year, 5b, fo r the second. 5% fo r the third and 6 p er cent fo r the fourth
year, and thereafter.— V. 72, p. 136.
N e t earn in gs........................... $1,030,945 $940,467
$541,058
................. '.............
244,231
258,483
227,564
O r g a n iz a t io n .—I ncorporated June 21,1880, and in 1896 purchased In te re s t....
M t. Adams & Eden Park and Mt. Auourn roads.
Balance fo r s t o c k ................. $786,714
$681,984
$313,494
S t o c k & BONDS—
P a r. Interest.
Outstand'g L a s i d iv., <6c.
Stock ($20,000,000)...... .
50 5M Q .-J . $18,010,750 Ju ly,1902,1%
* Com pany in 1899 suffered from strike and boycott.
Mt. a dams & Eden P a rk In .:
OFFICERS—President, H orace F. Andrews; Viee-Prest., R. A . H a r
1st m ortgage, cu rren cy..
.. 6 A.-O .
86(000 Qet., 1905
Consol, m ort., currency
.. 5 M.-S.
428,000 M eh., 1906 man; S ecietary, H. J. Davies; Treasurer, Geo. S. Russell; A u ditor, W.
G. Mo Dole; Purchasing A gen t, Geo. A . Stanley; Gen M gr., John J.
Interest is payable at F ran klin Bank, Cincinnati,
Stanley.—V. 70, p. 632; V . 71, p. 181, 341; V. 72, p. 134, 532, 1279; V.
Mt. Auburn Cable R y. )
8% 1887 5 J.-D. 188,000 June, 1907
73. p. 31, 1061, 1312; V . 74, p. 41, 93, 151, 205, 378, 426, 528, 576,
1st (.assu m ed . . e * j In terest a tC h em ica l Nat. Bank, N Y . City.
629, 935.
D iv id e n d s —F or m any years to A p ril, 1901, in cl’e, 5 p. c. per annum,
b a to n Ju ly 1, 1901, 151S p. e. was paid; also 15ia p. c. in Oct., 1901; in
1902, Jan., 1 5-16 p, c.; A p r il,T 5ie P- c.; July, 1% p, e
C LE Y E ^A N D E L Y R IA & W ESTE R N R Y R o a d —Com pany oh N o v. 1,1901, operated 210'58 miles o f track in A tro lle y road.
»
the c ity o f Cincinnati-j Ohio, extend ing also to adjoining suburbs.
O r g anizatio n —A consolidation on June 20,1900, o f the C leveland
The last cable lin e was converted to electricity in June, 1 9 )2 , Gauge, Berea E lyria & Oberlin By., L o ra in County St. R y. Co. and the Ober5 ft., 2-Cgin
«
lin <fe W ellington Ry.; also controls the Cleveland & Southern Ry. In
_
-a .
_
OFFICERS—President, Jolm K ilg ou r; Secretary and Treasurer, James Feb., 1902, the Elyria G rafton & Southern Elec. (7 ^ miles) was p u r
A . C o llin s—Y . 63, p. 183; Y . 64, p. 610; V. 66, p. 616, 810; V. 70, p. chased, tue C. E. & W. R y .' guaranteeing its bonds, principal andt 1219; V , 71, p. 181, 543, 1120; V .72 , p. 86, 13% 391, 437,. 1034, 1135. terpst.
■:
STREET
RAILWAYS.
27
OFFICERS-President, IX. Clark Ford; A ctln g T rea su rer, E. G. 'P ilot*
STOCK and b o n d s —
Date, Interest. Outstanding.
M aturity.
Stock, $2,000,000 (£100)
.........................
$1,600,000 A p r .,’02,=%% I son; Gen. Man., R. L. A ndrew s.—V. 69, p. 955; V. 70, p. 995; V. 72, p
1080; V. 74 p. 267, 6«0.
C1,eT®*
1StM- <m l 1895
6 M AN
200,000 M ay 1. 1915 j
Subject to oaU 1905." \ In t' at Savings A Trust Co., Cleve, True..
L A K E S H O R E E L E C T R I C R Y .-A trolley road.
0 ^ i n ^ i S l8 t M ' O!1i 1897
6 FAA
100,000 Aug. 1. 1917
Subject to ca ll 1907.
) In terest at Cleveland Trust Co., trustee.
tnS500''000T M l ' 0 0 0 e f ) \ 1899 5S M&8
127,000 Mcll.1,1919
S u b je c t to call 1909
J m terest at C leveland T rust Co., trustee.
f 1900 5g P A A
1,073,000 Aug. 1,1920
M
nnnJ In t- at W estern R eserve Tr. Co., Cleveland,
?<c?/wn
i ’ 3UU’U7.V)
Trustee, or at the Nat. B an ker Commerce
($ i,o o u ), gout...........c ^ Iu N Y M ay be called after lO yrs.a tlO O .
P lvrift G raf A So R v 1st ^ 1802 5g J-J
100,000 Jan. 1, 1922
ii
[< v
w J In tere st at Federal Trusi C o , Cleveland,
« i f i f f i n / I f nariv
V | Trustee, and Colonial Trust Co., N. Y.
$>100,000 ($1,000)... c
0an be oaUeti at par after 10 years at 100.
Bonds—Of the Cleveland Berea E ly ria A Oberlln 5s dated March 1,
1899, $373,000 w ere reserved fo r the retirem ent at or before m aturity
o f the divisional 6s to a like amount. O f the $1,500,000 Cleveland
E ly ria A Western new 5s, $127,000 are reserved to retire prior liens.
DlVIDENOS—In 1901, 3 p. o.; in 1902, Jan., % p. o.; A pril,
p. o.
L a t e s t E a r n in g s —
J 1902 . .........Gross, $103,194; net, $38,493
January 1 to M ay 31: <1901.......
Gross,
84,790; net, 30,268
Ea r n in g s - F or calendar year 1901, on 65 miles of track, gross,
$249,259; net, $112,394; Interest, $57,023; surplus, $55,371. In 1900,
gross, $179,697; net, $77,303; Interest, $34,561; surplus, $42,742.
ROAD— In June, 1902, was operatin g 91 miles o f track, exten d in g
from Cleveland to Berea, E ly ria and Oberlln, with various branches.
Including a line o f 21 miles from O beilin to N orw alk, to be ready about
Ju ly 1.
OFFICERS—Prest., A. H . Pom eroy, Berea; Vioe-Prest., A. E. Akins;
Beo’ y., E. F. Schneider > Treasurer and Gen. Man , F. T. Pom eroy.—
Y . 63, p. 793 ; V. 68, p. 186 ; V. 70, p. 894, 995, 1249; V. 72, p. 580; V.
73, p. 337, 1207,1356; V. 74, p. 267, 326, 679, 1195, 1307.
( 1 ) C L E V E L A N D A S O U T H E R N R Y . - A tro lley road.
O r g a n iz a t io n .—I ncorporated in 1P01 to ta k e o v e r the Cleveland
M edina w Southern Eleotrio Ry. franchises and to build the line o f 40
m iles from Berea to W ooster, via Medina and Creston. Road from
Berea to Medina, 16 m iles, w as com pleted and put in operation on
March 19,1902. 55 p e r o e n to fth e stock is owned by the Cleveland
E ly ria A Western Ry.
S t o c k & B onds —
Date, interest. Outstand'g. M aturity .
$ 1,000,000 .............
Stock, $1,000,000 ($100)
........................
1 St,Mortcas-o
ooo ooo ( 1901 5 S- J-J N one June., ’02. July 1,’21
1 i* i
’UOO’ W O
at W estern R eserve Tr. Co., Cleveland,
PM.uuu), goiu............... £ trustee, or Standard Tr. Co., N ew York.
The 1st m ortgage bonds are in the hands of the trustee and none
distributed up to June 1,1902.
OFFICERS.—President. W. H. Lam preoht; V ice-Pres., A. H . Pom eroy;
Secretary, F. L. Fuller; Treas., F T. Pom eroy.—V . 73, p. 236, 337.
C L E V E L A N D PA IN E S V IL L E & EASTERN
R A IL R O A D .—
This is one o f the properties controlled by the Everett-M oore people,
■whose affairs are a t present being m anaged by a bankers’ committee.
O r g a n iz a t io n , E t c .—I ncorporated A pril 25, 1895. Road comleted in July, 1898. In A p ril, 1902, authorized stock was increased
pom $1,500,000 to $2,000,000, fo r extensions and im provem ents.
STOCK db B o n d s —
Date. Interest. Oulstand’g.
M aturity .
Stock, $2,000,000; par $100 ........................ $1,500,000 ....................
1st M ort. gold lBfS00 OOO ( 1896 5 g . A - 0
500,000 A pr. 1, 1916
$000,000,) [ntorest at M orton Tr. Co., N. Y .,orC leve($i,uuu eacn ).............. 0 ( la r d Trust Co., Cleveland, the trustee.
D e b e n t u r e s , $500,000,5 1897 6
J -J
$500,000 Ju ly 1, 1907
($ 1 ,0 0 0 ).........................< In t. at D im e Sav. A Bkg., C lev., trustee.
CVvn laoTtBftffp
OOO OOO ^ 1898 5 A —O
$402,000 Oct, 1, 1918
/Si“ o n ? ° 6, $1,000,000^ In t> a t D im e Saving A B ’k’ g Co., Cleve.,
’
’ ........
...... ( trustee, or C olonial Trust Go., N. Y .
Bonds—O f the $1,500,000 consols authorized, $1,000,000 is reserved
to re tire u nderlying liens.
R o a d —Owns road from Euclid, Ohio, to P a in esville and Fairport,
23*02 miles (“ M ain L in e’ ’ ), ana uses Cleveland E lectric Rv. from
E u clid to Public Square, Cleve., 10 miles; also owns “ Shore L in e,’’
ex ten d in g fro m W illoughby to G lenvU le, O., 14-89 miles, and uses the
C leveland C ity Ry. Co.’s track from GJenville to the Pu blic Sq.,
Cleve., 5 miles. T o ta l track owned (including 4*g miles o f double),
42-41 miles. R ails 68-lb. girder on M ain L in e and 70 lb. T on “ Shore
Lin e ” ; 28 m otor cars. P o w er house is at W illoughby. Car houses at
W illoughby, Pa in esville and Nottingham .
L a t e s t E a r n in g s — s 1902 ----- ----- Gross, $44,682; net, $18,542
January 1 to M ay S I: < 1 9 0 1 .............. Gross, 36,203; net, 14,593
R e po r t .—F or yea r enalDg Deo. 31, I f 01, gross, $164,971; n e t,$77-,
869; charges, 72,500; surplus. $5,369; in 1900, gross, $141,112; net,
$7J ,520; charges, $72,500; def., $980.
OFFICERS—President, C. W. Wason; Vice-President, J. A . Biedler;
Treasurer, Chas A. Post; Secretary, G. E, Beuder; Supt.. J. Jordan. V. 63, p .3 5 6 ,458; V .6 4 ,p .2 S 4 ; V. 67, p. 1356; V. 74, p. 267,576,829.
S
E A S T E R N O H IO T R A C T IO N -—Trolley.
RECEIVERSHIP-—In Jan,, 1902, A lbion K. Lang of Toledo was ap
pointed receiver. This was form erly one o f the E verett-M oore syn
dicate properth s.— v. 74, p. 151.
O r g a n iz a t io n - Incorporated in 1901 under laws o f Ohio as a consol
idation of the Lorain A Cleveland Ry., the Sandusky A Interurhan R y.,
the Sandusky N o rw a lk A Southern Ry. and the T oled o Frem ont A
N orw alk RR. A ll stock and bonds o f m erged companies w ere retired
by issue o f new stock and bonds, w ith single exception o f the Lorain
A Cleveland Ry. 1st mtge. bonds, as given below. V, 73, p. 784.
Court has authorized the Issue o f $355,750 receiver’ s certificates or
im provem ents.
STOCK & B on d s —
Date.
Interest. Outstand’g. M aturity.
Stock, $4,500,000 (par $100) .........................
$4,200,000 ..............
Pref. stock, $1,500,000 (par )
nnA
$100), guar. 59t> c u m ........5 ..........................
x,42J,uuu ..............
1st m ortgage, $6,000,000... j
R eserve Tr. Co^Cleve0, trustee.
8 ($1’ &00) l In terest cfevM an d S t f f , t n m e V . f r
$i.,ouu,ooo........................ ) Colonial Trust Co., N ew York.
R eceiver’ s certificates......... 1902
...........
355,750
The unissued portions o f the n ew stock and bonds are reserved fo r
acquisitions and im provem ents. The L. A C. bonds can be called
a fter Ju ly 1, 1917.
Road—Operates In all 160 m iles, extending from T oledo to N o rw a lk
and Sandusky and Lorain, thence easterly to Cleveland. Through line
from C leveland to T oledo was opened fo r business in Deo., 1901.
OFFICERS—Pres., Barney Mahler, Cleveland; Vice-Pres’ ts.W. H. Pi Ice,
N orw a lk , Ohio, and J. B. Hanna, Cleveland; Sec., F. W. Coen, T o
ledo.—V. 72. p 480; V. 73, p. 139, 287, 288, 338, 784, 843,1010, 1313s
V. 74, p. 151, 630, 775, 883.
C O H O E S , N. Y.
P opulation 1900 was 23.910; in 1890 was 22,509 ;
and in 1880 was 19,416.
C O H O E S C I T Y R A I L W A Y . - A tro lle y road.
O r g a n iz a t io n —Chartered July 20,1894, and controlled by the same
interests as the U nited T raction Co. o f A lban y, with which connection
Is made; 2Cb miles o f its track w as leased to A lbany Ry., now form in g
part o f the U nited T raction Co.
STOCK & B o n d s —
Dale. Interest.
Outstand'g. M a tu rity .
Stock (par, $ 20 )............................. 2 % y r.’95-6 $50,000
.................
1st M., gold, $50,000......... 1895 6 g .,J - J
50,000 Ju ly 1.1905
2d M., g o ld ........................... 1896 6 g ., J-J
35,000 M ay 1, 1906
Loans payable June 30, 1901........................... .
47,000
U nited Traction o f A lban y has acquired $22,000 o f above bonds b y
exchange o f same fo r the A lban y Ry. gen. mtge. 5s o f 1947.
E a r n in g s *—Y ear ending June 30, 1901, gross, $25,883; other ice.,
$219; net, $4,180; charges, $7,335; deficit, $3,155.
R o a d —Track, 6-35 miles.
O ff ic e r s —P resident, John W . McNamara, A lb a n y, N. Y.; Sec., Lan.
sing P. W ood, A lbany; Treas., T. I. Van A n tw erp, Pa rk Bank, A lb a n y-
C O L O R A D O S P R I N G S , COL.
P opulation in 1900 was 21,085; in 1890 was 11,140, and in 1880
w a s 4,226.
C O L O R A D O S P R IN G S R A P ID T R A N S IT R Y .
ORGANIZATION—Chartered in 1890. Franchise Is perpetual and is
said to g iv e “ p ractically e x clu sive” rights in the city.
STOCK & B onds —
M iles. Date. Interest. Outstand’g.
M a tu rity.
Stock (par $100)...............................................
$500,000 f.p .................
1 s tM., $1,000 ea ch ...
7*2 1890 6 A -O
350,000
1910
Cofo r 0$5oo;^S6?gofda: : i 27
^
^ A-°
150,000 A Pr. 1,1921
Interest is payable at Chemical N ational Bank, N e w Y o rk City.
Consolidated mortgage lim ited to $500,000 by cancellation o f
$250,000 of the bonds; $350,000 reserved fo r first m ortgage. Trustee,
C entral Trust Co., N. Y .
R o a d —Owns 25 miles o f track, and June 1, 1895, began to op
erate the M anitou E lectric R a ilw a y & Casino Com pany's line, 1 Lj miles,
under lease.
E a r N NGS—For year 1901: Gross, $240,000; fo r 1900, $2C0,000.
A n n u a l R e p o r t —F or year ending Dee. 31 earnings w ere :
1899.
1898.
1899.
1898.
Gross e a rn s ...$170,610 $137,823 Int., taxes, ins. $33,407 $33,430
15,812
N et earnings . 76,019
49,292 Balance, surp.. 42,612
O fficers — President, W. S. Stratton; Seev. and Treas., Wm. L loyd !
Bnpt., D. L. M a ca ffree— V. 65, p. 69; V. 69, p. 1147; V. 70, p. 75,175,328*
C O L U M B I A , S. C.
P opulation 1900 was 21,108; in 1890 was 15,353,
and in 1880 'w as 10,036.
C O L U M B IA E L E C T R IC STREET
W A Y L I G H T & P O W E R - A tro lley road.
R A IL
O r g a n iz a t io n .—I ncorporated in Ohio in Jan., 1902. as a consolida
tion o f the C leveland & Eastern R y., the C leveland & ('h agrin F alls
E lec tric R R . and tho Chagrin F a lls & Eastern E lectric Ry.
STOCK & B o n d s —
Date. Interest. Outstand’g.
M aturity .
Stock, $2,500.( 00 ($100)............................... $>2,259,000 ..............
East. Ohio Trac. 1st M., r 1902 5g. J.-J.
706,000 July 1, 1922
$2,500,000. g, ($1,000). e* < In t. at t leve. Tr. Co., Cleveland, tru stee,
Cannot be ealieiL
( or Standard Trust Co , N ew Y ork .
Cleve. & East 1st mort., c 1399 5 g. J-J
$868,000 Ju ly 1,1919
$1,000,000 ($1,000 ea ),< Int. at Clevel. Tr. Co., Trustee, Cleveland,
g o ld .. . . ---------...
. o* ( or Standard Trust Co., N e w York.
This property, on w hich a B altim ore syndicate h a i an option, was
sold in August, 1899, fo r $257,500 to W. B. Smith W haley, one o f the
purchasers o f the Columbia Canal and Columbia associates. Since
then about $150 000 has been spent in m aking im provem ents and
building an extension to the m ill district. Th e new com pany took
possession Sept. 1, 1899, and floated an issue of $250,000 bonds.—V.
68, p. 1180; V. 69, p. 491.
O fficers —Pres., W. B. Smith W haley; Gen. Man. and Treas., E. B.
Clark.
_
Cll ^ x k % 2 W &O001 ° -Fr e d l 18 9 6
6 g .M -N
$200,000 M ay 1.1916
aft. M ay 1,1906 ($5» Sm 'A I n t at Guardian Tr. Co., Cleve., Trustee.
Cleve.&Chag Falls newM., '1900 5g.M -N
$100,000
1921
$300,000 ($500) gokt
Dime Sav. & Bk. Co., Cleveland, Trustee.
Can he called 1910.
P opulation 1900 was 17,614; in 1890 was 17,303;
Bond*—O f the n ew $2,500,000 M., $1,168,000 are held to take up e x
isting bonds and the balance fo r extensions and construction. O f the
C leve. & Chagrin F a lls m ort. of $300,000, $200,000 reserved fo r p rior
bonds.
EARNINGS Of the three properties fo r the year ending Dec. 3 1 :
T e a r.
Cross.
Bet.
Charges.
B a l.,d tf.
1901............................... $13S,366
$54,342
$55,701
$l,3d9
190u.........................
112,539
42,595
49,442
6,S47
ROAD—Owns and operates 46 m iles o f track from Cleveland to Chardon, B urton and Middlefteld, O., and from Chagrin F a lls to Hiram , 19
miles; total, 6* miles. Extension from H iram to Leavittsburg, O., 17
miles, now under construction; when, com pleted w ill form a connec
tion w ith the M ahoning V a liev to Youngstown. T o ta l track when all
completed, in clu ding sidings, 96 mile's.
C O L U M B U S , GA.
and in 1SS0 was 10,123.
COLUMBUS
R R . —P a rt tro lley; p a rt steam.
In June, 1901, M r Geo J. B aldw in o f Savannah and Messrs. Stone
<fe W ebster o f Boston came into control o f the com pany through pur
chase of $225,000 out o f the $250,000 capital stock, and elected offi
cers as below . E x ten sive im provem ents are to be made.
O r g a n iz a t io n —Owns and operates the entire street railroad system
o f Colmuous, connecting w ith all passengrrand freigh t depots; also
the only electric ligh t system in the city. The freigh t lines are leased
to the Seaboard A ir L in e Ry. during the life o f the present franchise
o f the Columbus R R . Co. The form er com pany agrees to p a y some
w hat o ver a third o f the fixed interest charges o f the latter.
STOCK & B o n d s .—
Date.
Interest.
Outstand’g.
M aturity_
........
$250,000
........ .
Stock, $250,000........................
To+Tvrta-* w v w i m
>
--5 A O
430,000
1937
1st M rae., $4oU,000... j- .m erest at W est End Trust Co., Philadelphia.
“.o T ffillo K S
....
'**> .
STREET
n
hljy/td4
1he
I': *- $430
# 130,000 Int iW'tXid
hODili f e purl Kit Outfit ttlidf lh£
bonds ot liko umouttt
Uju r<?*ax*
iu o lu Ja* #27,000
r** v ed tu rocirb uiidpri)
doe 191:
R o a d - -Opfcr&tei* 2' t-> mil ns o f Crack.
not, $30,298; tu
i f 1901, gr«
E arnm ^Q.§—-CJUt-ud
ItK k ), i f
# 90,0O’
f:i0 3 7 3 .
o, J Baldwin, S&vitxiiiHii; Vico-Pros., John
m,
O f f ic e RS! . f i-m tuoy, Colum bus <!&.; 8w . , Frank U, .riarrafd, ( olumhos, (Ja>;
Tf'*-u . U B. St*w , cj-, ‘ >3 Fo .local S i.. Boston, Mass. M na#t-r, H, S Roy*
aoila, i 'o!uml>a&; (Joncral MunaKOrs, Stone and Webster, Boston, -—V*
p. 759; V. 72, p. 1137.
C O L U M B U S , O H IO .
P o p u l a t io n 1900 w a s 125,560; in 1800 w a s 88,150;
AND IN 1880 WAS 51,647;
COLUMBUS
R A IL W A Y —
Incorporated August, 1899, in Ohio. Ou Oot. 2, 1899, absorbed by
consolidation the Columbus St. tty. and Crosstown Street Ry., and the
property o f the form er Columbus Central Ry. sold at foreclosure,
which comprises ali city street railwa\ s o f Columbus. —V. 69, p. 743.
v <ts kranted a new Jo-year franchise in Feb., 1901. Under this fran
chise cash fares are fixed at 5 cents, but seven tickets to be sold for
25cents, with universal transfers until gross earnings per annum reach
$1,750,000; thereafter eigh t tickets fo r 25 e, nts.—V. 72, p, 338, 821.
QulstaiuVg La st div., <£c.
STOCK & B o n d s .—
Date. Interest.
Stock, com., $3,500,000)
$3,000,000
........... ........
($ 1 0 0 )..,..................... \ —
..........
Stock, pref., $3,500,000)
M ay 1, 1902,
3,000,000 | l l4 p. 0.
($loO) 5 p o. oum ulat’e 5 —
........
° ma7°b4 o lu e d ^ o r 1^ ¥ l 1889 5
J -J 638,000 Ju ly 1,1909
at ll O
1
> In terest at Central Trust Co., N. Y .
Col St R y l o
AAA qaa ( 1B92 5 g. J.-J.
2,362,000 July 1,1932
,7m
y
$3,000,000 s Intereat at E , w . Clark & Co., Phila.
*
•........................... 0 ( Knickerbocker Trust Co., N. Y ., Trustee.
Crosstown 1st mort., $ 2,-) 1893 5 g. J l- D .
572,000 June 1, 1933
000,000 g. s i. p. A i. o.* 5
K nickerbocker Trust Co., N . Y „ Trustee.
Columbus St, Ry, n o te s ..........
4
$127,000 ....................
RAILWAYS
O ffic ers President, J. H. Hrn lim an , Vice-President, T A Simona;
Treasurer. Jno G Web*>; Secretary, J. M. Loren. Office, Elec trio
Building, Columbus, O,—V. 72, p, 1135; V. 74, p. 863.
COLUMBUS
LONDON & SPR IN G F IE LD
R A I L W A Y - A t r o ile j road. (See M a p on p a g e 39/.
I « controlled by the A ppleyard S> udicate o f Boston, which also coutiols the Dayton Springfield & Crbana.
O r g a n iz a t i o n Incorporated in Ohio In January, 1900, to operate
a passenger and freigh t line between Columbus and Springfield via
London; also em powered to supply light, beat and power along its
route. In A p ril, i 00, was granted a x5-year franchise in Columbus
with the provision that the road was to be ready fur operation in
C ity ©f Columbus by July 1, 1901, and sell 7 tickets tor 25 cents tor
use in the city, good at all hours. The ordinance also provides fo r the
paym ent o f 2 per cent o f gross receipts from local pas-eugers (viz,,
passengers riding w holly within the city lim its; during the life o f the
franchise. The form al opening o f the lin e into Columbus took place
on J une 29, 1901.
Owns $210,000 out of the $250,000 stock o f the Columbus G rove
City A Southwestern Ry., and guarantees its bonds, principal and int.
STOCK & B o n d s —
Date. Interest. OaLstand’g. M a tu rity.
........
Stock $1,. 00,0n< ($100)................................ $1,£00,LOO
1st mor. $1,500,000 ($1,000) $ 1900 5 g. A - O 1,500,000 Oot. 1, 1920
gold o *.............................. t Int. at Continental Tr, Co., N Y., Trustee.
Bonds —E n tire issue may be called a fter 5 years at 110 and interestA sinking f u n d o f 5% o f gross earnings becomes operative in 1906.
R oad .—Operates 15 miles o f track in cities (Columbus. S jitn gffeld ,
London) anu 60 miles betw een cities; altogether 75 miles o f track.
O f f ic e r s — President, J. S. Har&hman; Vice-Pres’t, John G. Webb;
Treasurer, A. E, Appleyard, 50 St. te Street Boston; General Manager,
F. J. G re e n .-V . 72, p. 872; V. 74, p 986.
(1 ) COLUMBUS G R O V E C IT Y & S O U T H W E S T E R N R Y .—
O r g anizatio n —Incorporated in Ohio in 1901 and acquired the
G rove c it y & Dreen L a w n line. The Columbus London & Springfield
Ry. owns $210,000 o f the $250,000 capital stock, and guarantees the
bonds, principal and interest.
F r a n c h ise s in Columbus are fo r 25 years from July 1, 1901; from
Columbus to G rove C ity run until 1921, and from G rove C ity to Mor
gana ow’ ns p riva te righ t o f way.
Stock & Bonds—
Dale.
Interest. Outstanding. M a tu rity .
Stock, $2o0,000. ......................
......
$250,000
..............
lstm tg e. $250,000 (gold) ) 1901 5 g.
J-J
2 1.0,000 Ju ly 1, 1921
($1 ,u00) c ‘ guar. p. <fe i. j . m t.payable at C o n tin e c tl Tr.Co., N .Y .Trus.
Bonds—O f the authorized issue of $250,000, $40,000 is reserved for
extensions a: not exceeding 75 per cent o f cost, t sinking f u n d o f 5
p. c. annually of gross earhings w ill commence Ju ly 1, lv 06. E n tire
issue can be called fo r paym ent a fte r July 1,1906, at 110 and accrued
Interest. Adam s & Co., Botton, offered the bonds for sale in O ct.,1901.
R oad —Operates about 15 miles o f road from Columbus to G ro ve
C ity and Morgans.
° Afti m , ^ • .u F ’ 000,0?,* ) 1899
4, Q-J
1,514,000
Oct. 1, 1939
B o u d ^ i ve U em a fter 1 l n t ‘ 8t Unlon 8 a v- B *- & Tr- C o. oi Cln.,
Bonds are .
Trustee, at E. W. Clarke & Co., Phila., or
V£t. i , u i 4 , at to o arm | at Co -8 offlC6.
Interest.
Ronds.—The Columbus Street R a ilw a y m ortgage o f 1892 Is fo r $3,000,000, o f which $638,000 are In hands of trustee (Knickerbocker
Trust Co., N. Y.) to retire the Col. Consol. St. ER. firsts. The Grosstown Street Ry. 1st M. is fo r $2,000,000, o f which $572,000 are out
standing; the rest, have been canceled. Princip al and Interest o f the
Crosstown bonds were guaranteed by the old Col. St. Ry. Co.
O f the $7,00o,000 m ortgage o f 1899 o f the Columbus R ailw ay,
$1,500,000 were issued in paym ent fo r the Columbus Cent. Ry. p rop
erty ; $3,000,000 w ill be held in trust to retire the Columbus Street Ry,
and the Columbus Consolidated Street RR. bonds, $572,000 to retire
the Crosstown mtg. bonds and$3t0,000 to take up unsecured 4 per
cent notes o f the Columbus S treet Railw ay; $1,628,000 Is reserved to
be used h ereafter from tim e to tim e In making extensions, im p rove
P o p u l a t io n 1900 was 19,632; nt 1890 w a s 17,004;
ments and additions—$628,000 upon a -3-vote of directors, the other
$1,000,000 only on a v o te o f stockholders. $533,000 have been issued
a n d in 1880 wrAS 13,843 ;
($173,000 to retire 4% notes and $360,000 fo r im provem ents), o f which
C
O
N
C
O
R
D
S
T
R E E T R A I L W A Y —A trolleyroad.
$ o l5 ,o t 0 are now in com pany's treasury.
D iv id e n d s .—F irst div. on preferred stock o f l t t p . o . Feb., 1900; extending from the central w ards o f Concord to Penaeook. In June,
1901, control passed to the Boston & Maine R R .—V. 73, p. 31.
same amount since then each quarter to M ay, 1902, inclusive
Outstand’g.
Date. Interest.
Last div., etc.
Company pays its em ployes dividends upon their w ages at the same
S t o c k s & Bo n d s —
Stock, com., $100,000.. .......................
$50,000
rate as the dividends paid upon the preferred shares.
Pref.,cum., $50.000.. .......
6
50,000
1895 96,6'
R o a d .—Operates 106 miles o f track, 5 6 o f which is a n ew suburban
line and 1-9 bu ilt in 1901.
5 J-D
116,000
Dec., 19'
First m ortgage, $150,- 1893
Subject
to
call
In
1898
to
1902,
inclusive,
at
000........................c*
E a r n in g s —F or calendar y ear 1901: Gross, $1,0'3,111; net, $496,102; In 1903 and th erea fter at par.
191; fixed charges, $314,771; surplus, $181,420 In 1 900. gross, $990,($500 each.)
809; net, $512,322; lix ed charges, $299,993; surplus, $212,329.
In lertst at N ational Bank o f R edem ption, Boston, and in Concord.
O f fic e r s —P res., R obert E. Sheldon; 1st Vice-Pres., Treasurer and
Dividends.—The last fou r years com pany instead o f p a yin g d iv i
General M anager, E. K. Stewart; 2d Viee-Pres., C. M. Clark (Phila.) dends has devoted earnings to b etterm en t o f property.
See’y, P. V. Burington. I n de x —V. 67, p. 1160; V. 6 8 ,p. 3 2 6 V. 69,
ROAD is 121a miles lo n g ; total track, 13-05 miles.
p. 78, 228, 283, 439, 491, 591, 743; Y . 71, p. 543; V. 7x, p. 338, 821.
EARNINGS—F o r years ending June 30:
1901.
1900.
1901.
1900.
C E N T R A L M A R K E T S T R E E T R Y . —A trolley
road. (See m a p o n p a g e 3 9 .).
Gross ea rn in gs..$70,275 $64,467 Int. and ta x e s ... $6,936 $7,838
N e t earnings___ 15,382
13,598 B a la n c e .............
C ontrolled by the A p p le y a rd sy n d io a teo f Boston.
8,446
5,760
OFFICERS—President, Lucius Tu ttle, Boston; Treasurer, John F .
O r g a n iz a t io n —I ncorporated In Ohio on Jan. 10,1901. Franchise
provides that tickets shall be sold 8 fo r 25 cents and transfers be W ebster; Counsel and C leik, John M. M itchell; Auditor, Fred. 8.
issued to a ll lines entering o r using the Columbus
London & Heath; Superintendent, H . A . A lb in .—V. 73, p. 31.
Springfield Ry. Co. interurhan loop.
S to ck & B o n d s —
Date. Interest. Ontstand’g. M a tu rity .
Pref.,$500,000 6%cu. ($ 1 0 0 ).........................
$500,000 ....................
Common, $500,000 ($100).............................
50u,000
P opulation 1900 was 11,061; in 1890 was 10,188; a n d
1st m ortgage, $£00,000,, ’ 1902 5 g. J-J
500,000 Jan. 1, 1922
I n 1880 w a s 7,4 02.
gold ($1,000) ..............o '; I In t. at C ontinental Tr. Co., N. Y ., Trustee.
C
O
R
N
I
N
G
&
P
A
I N T E D POST S T R E E T R Y . Bonds—A s in k in g fu n d o f 5% o f gross receipts commences a fte r 5 A tro lley road.
years. Em. ire issue is subject to ca ll a fter 5 years at 110 and interest.
O r g a n iz a t i o n - In corporated Deo. 11, 1894.
Commenced opera
R oad —I s to operate 16 m iles o f track, a ll in city o f Columbus; 8 tions N ov. 1, 1895.
m iles is now com pleted and rem ainder w ill be com pleted in August.
S t o c k & Bo n d s —
Date. Interest. Outstand’g. M aturity.
O f fic e r s —President, S R. H artm an; Vlce-Pres. and M gr., H. A . Stock, $100,000; ($10 0)....................................
$100,000
.................
Fisher; Secretary, F. W. M errick; Treasurer, H. D. M ontgom ery.—V. 1Rt
00
000
^
1896
5 J -J
100.000 Jan. 1,1916
i8
tm
o
rtBa
»e
$
io
o
,u
o
o
...
^
Int>
at
?eac011
Co.,Boston.
74, p 679, 726, 883.
_____
TRACTK}N U C O - C K E Y E L A K E & N E W A R K
O r g a n iz a t io n —Incorporated in Ohio on Oet. 19, 1899, to construct
an electric road from Columbus to N ew ark, w ith a branch to Buckeye
Lake, a proposed pleasure resort, m aking a to ta l o f 40 miles, in
A p ril, 1902, entire road was put in operation. In February, 1901,
Tucker, A nth on y & Co. of Boston purenased control o f the property.
The same firm controls the Canton-Akron Ry. O f the $l,500,0u0 au
thorized capital stock, $500,000 was changed to preferred in 1902.
S t o c k & BONDS—
Date. Interest. Oristand’g.
M aturity.
Stock, $l,0i 0 ,0 0 0 ........................................... $1,000 000 .................
P re fe rre d stock, $500,000, l
500,000
6 per cent, non-oum..
1st m ortgage, $1,500,000,) ' 1901 5 g., M -N 1,125.000 N ov. 1,1921
gold ............................... 5In t at Knickerbocker Tr.Co., N .Y .trustee.
OFFICERS— President, S. Reed A nth on y, 53 State S t, Boston; VieePres.. A. E. A ppleyard, 50 State S t, Boston; Treasurer, Chauncey
E ldridge, 53 State St., Boston, Mass.; Sec’y, Frank W. Merrick, Col
umbus.—V. 71, p. 602; V. 72, p. 338; V. 73, p. 1159; V. 74, p. 477,1195.
„COLUM BUSn D ELAW ARE
&
M A R IO N
-EL J—a J U iJ . J r x J .J T v J lv .
O r g a n iz a t io n —In corporated in 1901 to bu ild an electric ra ilw a y
from Columbus to Marion, passing through Franklin, D elaw are and
M arion counties, a to ta l o f 45 miles. T w en ty-five miles o f road north
from Columbus to D ela w a re is com pleted and in operation; the re
m aining 20 m iles is expected to be completed by Sept. 1,1902.
S t o c k & B onds —
Date. Interest. <>u stand’a.
M aturity .
Stock, $1,000,000....................
............. $1,000,000 . . . . . .
1st m o rt0$1 000 000 7 1901 5g. M-N
(?)
M ay 1, 1921
goU U Sl W O) ’
’ c ’ i In1- at West; R eserve Tr. Co., Cleveland,
goia ($ i,u u u ).............. c ^ trustee, t r Nat. Bank o f Com. in N. Y.
CONCORD,
N.
H.
C O R NIN G,
N.
Y.
R o a d — Owns 5-9 m iles o f track, from Corning to Pain ted Post.
EARNINGS—For year ending June
30, 1901, gross, $30,783; net,
$ls,575; interest and taxes, $8,624; surplus, $4,951. In 1900, gross,
$27,627; n et above charges, $244.
O f f ic e r s — President, E. P . Shaw-, Boston, Mass.; Secretary and
Assistant Treasurer, F. H. Viele, W orcester, Mass.; Treasurer and
General M anager, W. H. T ylee, W orcester. Mass.
C O R T L A N D , N.- Y.
P opulation 1900 was 9,014; in 1890 was 8,590;
and in 1880 was 4,050.
C O R T L A N D
C O U N T Y
road.
T R A C T I O N . —A
trolley
O rgan ization —Is a reorganization in 1901 o f the Cortland & Homer
Traction, which w as sold at foreclosure on A p ril 23,1901. Owns a ll
the stock o f Cortland & H om er E lec tric Co., which furnishes 150 arc
lights to the cities o f H om er and Cortland, and also lamps to the pub
lic. Carries coal and freigh t as w ell as passengers; also ownslease
o f tbe Cortland & H om er R R .
Maturity.
Oulstand’g.
S t o c k & Bo n d s —
Date.
interest,
8toek, common,$120.-)
000 ($ 1 0 6 )....____
$
..........
..............
$ 120,000
Pref., $200,000 5 % )
200,000
non-cum. ($100)— j
........
...........
180,000 A p r. 1,1920
(
1901 .. 4g. J-.T
1st m tge., $180,000 J County Sav. Bk. & Tr.Co.,Scranton, Pa., trust.
($50u), g o ld ........* e ] In tere st at com pany’ s office. No sinking
l'
fund and bonds cannot be called.
R oad —Operates 10 m iles o f track betw een Cortland and Homer and
Cortlaqd and M eG raw ville.
STREET
R A IL W A Y S .
3TREKT
30 •
EARNINGS-- Of tile i urtlanU dt li ume/ I ul' jc a i i-uding Julia 3D, 1901 ;
tiiu!j». r J l ja il; i4t?t, 81 l .596; other income, i(17i; total met income,
$11,767; tlxed charges, $7,200; surplus, $4,567.
O ff ic e r s President, Frank Battles, Ph il*.; Sea. aud Tress , Edwin
Duirey, Cortland, N. V,— V, 72, p. 621, i i s 7 .
RAILWAYS.
D A N B U R Y , CONN.
P o p u l a t io n 1000 w as 16,537; in
1890 w a s
WAS 11,666.
16,552; a n d is 18g§
D A N B U R Y & B E T H E L S T R E E T RYO r g a n iz a t io n -Incorporated May 7, 1886, under the law •> o f Con
necticut,
a perpetual special charter, the onlv street oat com
pany serving the city of Danbury and town of Bethel, its line*
also extend to Hie Dan -dry Fair Grounds and the pleasure resort of
Lake Kenosha. T h e population served is estim ated at o ver 30,000.
STOCK & B o n d 3Miles. Date. Interest. Oulstand’g. Last die ,etc.
S tock($323,000,pa( 825) ....
........Somi-an. $320,000
Fee text.
1st M. $200,000, g o ld ..............
1894 5g. M -N 200,000 May 1,1914
Interest in Boston at Ain. Loan A Trust Co., trustee,
Dividends in 1896-7, 4 p. c.; in 1897-8, 4 p. <•.; in 1898-9. 2 p. c , 1m
1899 1900, 1 l2 p c ; in 1900 01,
p. o ; in 1902, Jam , l 1^ p . c.
R o a d —T rolley road in Danbury and from Danbury to Bethel, -to.,
10*6 miles in ail; sidings, etc., 0*55 miles; total, 11 15 miles.
REPORT—For year ending June 30:
Cross.
Net.
In t. d taxes. Dividends. BeU.,sur.
1900-01 .... $73,868
$L 8,971
$13,282
$4,800
$8,9-$
22,420
12,558
4,800
1899-00...... 69,955
5,062
21,362
11.254
6.400
1898-99____ 58,675
3,708
OFFICERS— President, Samuel C. H o lley, Danbury; V lce-P re* , 8. H a r
rison W agner, N ew Haven; See’ y aud Treas , M. H. Griding, Dambury
lias
C O U N C I L B L U F F S , IA . —s e e
g m ah a
.
C O V IN G T O N , KY.
P o p u l a t io n 1900 w a s -12,038; in 1890 w a s 37,3 71;
a n d IN 1880 w a s 29,720.
C I N C I N N A T I N E W P O R T & C O V IN G T O N
L I G H T & T R A C T IO N CO.-AtroUe> road
Th e N orth A merlon u com pan y owns a large amount o f the pref. and
common stock of this company.
O rganisation —In corporated under the laws o f N ew Jersey on Mar.
11, 1909, and purchased all the stock of the Union Eight, H eat &
P o w er Co, o f Covington and of the * iiicinnatl N ew p ort & Covington
Rat way. V. 74. p. 576, Tbe la tter was organized in 1892 to buy up
and consolidate all the roads on the K entu cky side o f the river,
opposite Cincinnati.
The Cincinnati C ovington A E rlan ger Street R ailw ay (p rovid in g fo r
an extension to Erlanger), incorporated Sept., 1899, w ith $250,000
stock (shares, $50), is controlled and is being bu ilt out of proceeds o f
sale o f the pref, stock o f the new company.
S to c k & BondsOats.
Interest. Outstanding.
M aturity.
Com,, $5,000,000 ($100).............
........
$3,800,000
.................
P r e f , 4^3% nou-cum.,$5,-)
5,000,000
000,000 ($ 1 0 0 ),........... )'
U nderlying Bonds—
So. Cov. & Cln. 1st M
1882 6
M -8
250,000
Moh., 1912
($1,000)........................ /W. A. Goodman trustee.
2d Consol M „ $500,000 g. < 1892 6 g. J - J
150,000 Jan, 1, 1932
($500—$1,000)— . . — \ Trustee Cin.SafoD ep A Tr.C o., Cincinnati.
tfew p. A D a y.S tR
1887 6
~ y. ‘1st' "M. -----* P- A
100,000 Aug. 1, 1917
C in cin n a ti Newport <6 Covington
1st oonsol.wort., gold, $3,-> 1&92 5 g. J - J
2,500,000 Ju ly 1, 1922
000,000 ($1,000).. o‘ A r < ~
Trustee Farm ers’ Loan A Trust Co. o f N. Y.
2d m ortgage, $1,000,000,) 1896 5 g, J - J
600,000 July 1, 1922
old ($1,000 ea ch )___ c ) Trustee Farm ers’ Loan A Trust Co., N. Y
Tnion L t. Beat & P .C o .—
1901 4 g . M-N
1,300,000 M ay 1,1918
1st M tge., $2,000,000, g.
($100,$500 A $ l,0 0 0 )o ‘ In t. at Union Tr. & Savings Bank, Cinoin. nati, T r u s t , or at N orth A m er. Co., N. Y .
B ellevu e W a ter F. & G .L . )
a {r . n
,.... nnn
f
S i,0 0 0^
Se,.?.100: 00o* S l n t - at « e m a n Nat. Bank C o vin g to n ,E y .
B on d s—Of the is t consolidated bonds o f 1892 o f the C. N. & C. Ry.,
$500,000 are deposited w ith the trustee to retire all the underlying
mort. bonds. Th e perpetual charters o f constituent companies are
kept alive, and their capital stocks are deposited w ith the trustee as
collateral fo r the first consols.
Interest on those bonds Is payable at the W estern N at’ l Bank. v . y .
City; F irst N a t’ l Bank, Cincinnati, and German N a t’l Bank C ovtngt n.
The Union Light, H ea t & P o w er t o. bonds oau be called a fter 1906 at
110 .
ROAD— Connects Cincinnati, N ew p ort, C ovington, D ayton, Bellevue,
Lu dlow , Brom ley and Ft. Thomas. T o ta l In o p era tio n ‘ 60 m ile s; laid
with 80 Johnston girder and 72-pound “ T ” rails.
L a t e s t E a r n in g s — Four mouths to A p ril 30:
1 months.
Cross
Vet.
Charges.
Balance.
1902....................... $267,529
$104,929
$61,994
$42,935
1901......................... 242,595
90,329
62.942
27,387
REPORT—T w e lv e months to Deo. 31. These ffgurea are fo r the Cin
cinnati N ew port & C ovington Railw ay before consolidation.
12 months.
Cross.
Net.
Taxes it Tolls. Surplus.
1901............................... $8)9,206
$484 159
$150,216
$33$ 943
1900................................ 783,588
461,94 9
172,386
289,563
1 8 9 9 .............................. 713,386
427,152
147,363
279,789
O f f ic e r s - President, James C. Ernst; Vice-President, C. W. W etm ore; (Secretary and Treasurer, G eorge M. A b b o tt; 8upt., Jas. R
L e d y a rd .-V . 66, p. 7 0 6 : V. 69, p. 645; V. 72, p. 241, 1135, 1279 ; V.
73, p. 390; V. 74, p. 326, 426, 528, 576, 986, 1307.
C R IPPLE
C R IP P L E
E leotrio road.
CREEK
CREEK,
DISTRICT
COL.
R A IL W A Y —
O rganiz ation —H as been absorbed b y and made part of the new
Colorado Springs A Cripple Creek D istrict Ry., its stock and bonds
having been retired and exchanged fo r stock o f the new company.
For particulars see I nvestors ’ Su p p l e m e n t .
DALLAS, TEXAS.
Po p u l a t i o n
1900 w a s 42,638; in 1890 w a s 38,067, a n d i n 1880
wa s 10,358.
D A L L A S C O N S O L ID A T E D E L E C T R I C ST.
R Y .- T r o lle y .
Serves a population o f 60,00o.
O rg an izatio n —N orth Dallas Circuit was acquired in 1901. There
was a re-arrangement of securities in N ovem ber, 1901. The fo llo w in g
shows the new status:
STOCK & B onds —
Bale. Interest. Outstanding.
M aturity.
Stock, $1,500,000 ($100)............................
$1,500,000 ....................
P ref. $500,000 ($ 1 0 0 )............................
500,000
1st mort., $2,000,000)
1901 5g. F -A
1,050,000 Aug. i , 1921
($1,000) c* go ld ......... \ H am ilton Trust Co., Brooklyn, N. Y., Trustee.
Bonds.—O f the new m ortgage $600,000 was used to re tire bonds o f
like amount due Sept. 15, 1920; new bonds cannot be called.
R o a d -—Owns and operates 36 miles of road in the C ity o f D allas and
suburbs. Rails, 74 and 77k lbs. Has guaranteed p ow er contract,
w ith eight years to run from Jan. 1, 1901, fo r p ow er, at the rate of
$1 50 p er car fo r an eighteen-hour day.
OFFICERS—President, Pierre S. Du Pont, W ilm ington, Del.; Seo’y and
Superintendent, E dw ard T. Moore, Dallas; Treasurer, John J. Raskob,
WilmingtOD, D el.—V. 66, p. 185; V. 67, p. 176; V. 68, p. 618, 670; V. 71,
p. 1066; V. 72, p. 1080, 1135, 1187, 1239; V. 73, p. 286; V. 74, p. 829.
R A P I D T R A N S IT R A I L W A Y —A trolley road.
O r g a n iz a t io n —Successor in Jan., 1899, to Dallas R apid Tran sit A
Term in al R y., sold N ov. 1, 1 8 9 8 .- V. 67, p. 1003. Capital stock
$100,000; par, $100. F irst m ortgage 5 per cent 30-year bonds,
dated M a y 'l, 1899, due 1929, interest M . N., w ere authorized in 1899
to amount o f $200,000. Massachusetts Trust Co., Boston, is trustee
Has 13 miles o f track on 13 miles o f streets.—V. 67, p. 1003, 1132
President, W. F. Thayer, Concord, N. H.; Vice-President, T. T. H o llo
w ay, Dallas; Secretary and Treasurer, C. F. Freem an, Dallas.
D A N V ILLE ,
ILL.
P o p u l a t io n 1900 was 16,354; in 1890 was 11,491,
a n d in 1880 was 7,73 3.
V E R M I L I O N R Y - & L I G H T CO.
O r g a n iz a t io n —In corporated in S e p t , 1900, at Charleston, We#t
V a , to do a general ra ilw a y and electric-ligh t business. Owns the
entire capital stock of the D a n ville St Ry. A L igh t Co.; also contem
plates building and operatin g additional lines o i ra ilw a y in V erm lilcn
County, Illinois.
S t o c k & B on d s —
Date.
Interest.
Outstand’g.
M aturity.
St’k, $1,000,000 ($100) ...... .................
$1,000,000
1st Mtge. $275,000) 1900
5 AAO
250,000
Oct. 1, 1911
($1,000) Coll. T r u s t.) In t. at Portland Tr. Co., Portland, Me., Trust.
Bonds are secured by a deposit of the entire capital stock ($700,000)
of the D anville 8t. Ry. A L ig h t Co E n tire issue is subject to call on
any Interest date and retirem ent o f $15,00') annua ly is oompnisory.
Under this provision $25,000 have been called and canceled.
OFFICERS—President, Geo. F. Duncan; Sec. and Treae., Edw ard
Woodman, both of Portland, Me. V .7 1 ,p . 603.
( ] ) D A N V IL L E S T R E E T R A I L W A Y A L IG H T .
O r g a n iz a tio n .—Incorporated in Dec., 1899, as a consolidation o f
all the street ra ilw a y, electric ligh t, gas and steam heating interests.
S t o c k & B onds —
Date. Interest. Oulstand’g. M aturity.
Stock, $700,000 ($100)......................................
$700,000 ................
Refund. M., $700,000, gold, J 1900 5 g J-J.
525,OOOJan.l,TO-25
$1 000................. . .........o * l In t. at N. W. H arris A Co., N. Y. and Chie.
Ronds—The bonds are due $6,000 annually,. Jan. 1, 1910, te 1924,
inclusive, and remainder, Jan. 1, 1925; $24,000 o f old prior lien
per cent bonds aro ctill out and $27,000 o f the new bonds are held te
take them up. These are included in the $525,000 rep orted above as
outstanding. Sinking fund o f $6,000 per year begins Jan. 1,1910, bonds
being drawn (at par and accrued interest) in num erical order begin
ning with number one; m ortgage trustee is the Illinois Tru st A Sav
ings Bank, Chicago. O f the authorized issue o f $700,000, $175,000
are reserved for future extensions and im provem ents. N. W. H arris
A C o. offered the bonds fo r sale in Jan., 1900.
C o m p a n y ’ s P r o p e r t y —The company owns the fo llo w in g : 1. Gas
works operated under special charter and a perpetual franchise. 2.
An electric-light plant is operated under a 99-year franchise, w ith
capacity of 10,000 i ncandesceut and 400 arc lights, w ith dynamos fo r fur-nishing pow er to street railw ay. 3. The entire street ra ilw a y system
o f the city, 11 *2 miles of track, nearly ail laid in brick pavem ent
running to three parks, the fa ir grounds, cem etery and ra ilw a y
depots and N ational Soldiers’ Home. Equipped w ith 50 and 60 lb.
Johnson T rails, w ith 17 m otor cars (General E lectric) and 3 trailers.
R e p o r t —T w elve months ending Dec. 31:
1897.
1901.
1900.
1899.
1898.
$115,643
$145,237
$106,527
Gross___ $202,691
$163,339
100,121
70,283
54,431
N e t ........
75,478
48.247
O f f ic e r s - President, W. P. c a n n o n ; Treas., E d w a rd Woodman,
Portland, Me.; Sec., W. B M cK inley; Gen. Mgr., 8. L. N eh o n .— V .65
p. 1114; V. 69, p. 1193; V. 70, p. 125; V. 71, p. 602.
D A V E N P O R T , IO W A .
P o p u la t io n 1900
w as 35,254; in 1890 w as 26,872,
AND IN 1880 tv as 21,831.
T R I-C IT Y
R A I L W A Y —A trolley road.
O rg an iza tio n —Incorporated in September, 1895.
A p ril 15, 18’ 9,
bought Moline Central S treet Ry. of Moline, 111. The M oline CenTral
h ad "$48,000 bonds outstanding, o f which tlie Tri-C ity bought $37,000
at par, but could not get the r°st at a satisfactory price. On Ju ly 1,
1902, a new m ortgage fo r $800,000 w ill be made to take up old bonds
and make new im provem ents.
STOCK & B o n d s —
Date. Interest. O utstanding. M aturity.
Stock ($1,200,000 au th .)---..............................$1,200,000 6% in ’00-01
i 1891 6 g J - J
597,000 July 1, 19<.'3(
D a v .& R . I., 1st M .,g o ld ..e 'J
(P a rt due y ea rly) to July 1,1911
$1,000,000($500 A $1,000) ] Int. payable in N . Y . atChaseNat. B’ kand
i in Chicagoat 111. Tr. A S a v. B k.,Trustee
Bonds - 5 per cent o f the 1891 issue is due annually from 1901 to
1910 and the balance Ju ly 1, 1911.
R o a d — Owns 50 miles o f tro lle y road and one m ile o f horse road,
comprising a ll the street jrailw ays in tlie cities of D avenport, Iow a,
and Rock Islan d and M oline, 111.—combined population o ver 70,000.
Earnings —For year ending Sept. 30, 1901, gross, $403,884: n et,
$157,717; interest and taxes, $43,810; dividends (6 per cent), $72,000;
balance, surplus, $41,907.
O fficers —President, E dw ard E. Cook, D a ven p o rt; V ’ ce-President,
F. C. A. Deukmann; 8ec., Ureas, and General M anager, J. F. Lardn er,
D avenport, la .—V. 67, p. 802; V. 71, p. 964.
D A Y T O N , O HIO.
P o p u l a t i o n 1900 w a s 85,333; i n 1890 w a s 61,220, a n d
i n 1880 w a s 38,678.
C I T Y R A I L W A Y C O . —A tro lle y road.
Franchises run fo r 50 years from Eeb. 8, 1892, and A p ril 19, 1893.
STOCK & B onds —
Date. Interest. Ontst.and’g. M aturity,
Com. stock, $1,500,000 ($100). ........ 5 p. c. $1,490,300 See tex t.
Pref. stock, $600,000 ($100).............
6 p. c.
600,00G
do do
Dayton A Soldiers’ H om e )
1891
6 J -J
65,000 Jan. 1.' l l
RR. 1st m ortgage........5 In terest at Chem ical Nat. Bank. N. Y. City.
D ividends —In 1897 there had been paid on preferred 6 per cent and
on common 5 per cent fo r several years. In 1900, 6 p. c. on both
STREET
com. and pref.; in 1901, 6 p. o.; in 1902, Jan., I L j p. o, Apr., 1 ^ p. e.,
July, 1 ^ p. o. on Potli stocks.
ROAD_C o n trols and operates in a ll 32 miles of track, nam ely. Tliira
Street Line, F ifth Street Line, Green Line, and L a yto n and Soldiers’
Hom e E lectric Ry.; gauge,' 4 ft. 8 in; rails, 70 and 90-lb.; operating
50 G. E. double m otor, 50 summer m otor bodies, 50 olosed motor
bodies and 4.0 tra il ears.
OFFICERS—President, D. B. Corwin; Vice-Pres., C. B. Clegg; Sec.,
Valentine W inters: Supt. and Burch. A gen t, T. E. Ilow eU . Oiliee, cor
ner Jefferson and Th ird Streets, Dayton.
DAYTON S P R IN G F IE LD & UR BAN A E L E C
TR IC R A I L W A Y - ^ ® M a p on p a g e 3 0 . ) —A trolleyroad.
RAILW AYS.
31
DAYTON
& W E S T E R N T R A C T IO N - T r o lle y r o a d .
STOCK & B onds —
Date. Interest. Outstanding M aturity.
Stock, $400,000 (par $100)............
A.-O .
$400,000
...........
Do pref., $400,000, 5 p.o. . . . .
Q.-J.
400,000 [ A ^ ^ , 2
Bonds w ere canceled and the above preferred stock issued; quar
te rly dividends o f 1 ^ p. c. are paid.
R oad —Dayton, Ohio, to Eaton, 25 miles, operated from June 26.
ig 9 g ._ V . 66, p. 768. An extension o f 16 miles to Richmond, lud., is
to be built the present year.
OPFICERS—Presiden t and Gen. M’ g’ r., V. W inters; V ice Pres't., Chas.
B. Clegg ; Secretary, D. B. Corwim
D A Y T O N & X E N I A T R A N S IT C O . - T r o l l e y .
Is controlled by A rth u r E. A ppleyard, who also controls the Coltun- I O r g an izatio n —Incorporated In 1901, asa consolidation o f the Daybu> London & Springfield, the L a yto n Lebanon & Cincinnati and a ton * X en ia Traction and the Rapid Transit Co o f Ohio. The Layton
number o f other soads.
& X enia Traction bad in 1899 purchased the L a y to n Spring V a lley *
O r g a n iz a t i o n — Incorporated under the law s of Ohio to construct a W ilm ington T ran sit Co.
road from D ayton to Springfield and Urbana, 40 miles. Franchise , S tock & B o n d s — Date.
Interest.
Oulstand’g.
M a tu rity.
permits the carriage o f freigh t and ex press m atter. Owns the stock of 8took, $800,000
...........................
$800,000
....................
the Springfield & W estern lly., which is operated as an extension.
1st m o rt, $800,000, > 1901
5 g. A -O
600,000
A p ril 1. 1921
STOCK & B onds —
Date. Interest. Outstanding
M aturity.
gold ($ l,0 0 0 )_ ..e * ) In terest at Old Colony Tru st Co., Boston, Trustee.
Stock, $750,000.........................................
$750,000 Jan.2 V02,2p.c.
Honds- T h e old Issues o f 1899 and 1900 o f $300,000, each w ere re
1st M. ($750,000), gold, ( 1898 5 g, M -N
750,000
N o v .’ l , 1928
$1,000..................... o“ ( Int. at Continental Tr. Co., N. Y ., Trustee. tired by the new m ortgage.
R o a d —Owns and operates 51 miles o f road from L a y to n to Xenia,
Can be called at 110 and int after N o v .l, 1905. Sinking fund of 5 p. and from D ayton to Spring V alley, o f whioh about 20 miles is o ver
o. o f gross earnings begins N ov. 1, 1905.
p riva te righ t of way.
D ividends —F irst semi-annual div. o f 2 p. c. was paid Jan. 29,1902,
O fficers —President. Clement J. Ferneding; Treas., Edw ard Canby;
EARNINGS—Bor years ending March 1. The 1902 earnings are on See., O. O. Ozias —V. 70, p. 175; V. 71, p. 341; V. 73, p. 82; V. 74, p.
203.
27 miles:
Gross.
Wet,
Interest. Surplus.
H O M E A V E N U E R A I L R O A D - A steam road.
19o2 $174,779 $82,197 *$40,312 $41,885 *Incl. $2,812 in tV st on
1901 . 97,83d
47,674 37,500
10,174
S p rin g.* West, bonds.
R oad —Operates 3 miles o f track in city ot L a yto n exten d in g to N a
R oad —H as 12 miles o f track in Springfield, 2 ^ m iles in Dayton and tional M ilita ry Home. Leased to Cincinnati H am ilton & L a y to n RR.
(lease made perpetual in 1897) for 50 p er cent of gross earnings, b et
2*2 miles in Urbana; also 40 miles betw een the cities; tota l 57 miles.
A ll com pleted in March, 1901. P riva te right o f w a y over m ost o f en not to be less than 3 per cent on the $100,000 capital stock; par of
tire line, fo llo w in g tu rn p ik e; 90 and 95-lb. girder rails used in c itie s ; shares, $50. No indebtedness. President, W . P. Callahan.
elsewhere 70 and 75-lb. T - r a ils ; gra vel ballast; 21 oars; freigh t and
passenger traffic.
O A K W O O D S T R E E T R A I L W A Y - A troUey road.
OFFICERS—Prest., John 8. Harshman; Vioe-Pres., John G. W e b b ;
O rg an izatio n —Franchise runs for fifty years from July 10,1891;
Sec. and Treas., A . E. A ppleyard, 50 S tate St., Boston; Gen’l Mgr., F. first franchise granted March 17, 1871. Owns 5 miles o f double traok.
J. Green. Office a t Springfield, O.—V. 68, p. 330; V . 70, p. 632; V.71, Capital stock authorized, $300,000; par, $50; outstanding, $19,000;
p. 390; V. 72, p. 1080. - V. 73, p. 286, 1312.
there is no m ortgage on the property. D ividends are paid. President,
Charles B. Clegg; Vioe-Pres., D a vid B. Corwin; Secretary. H. P. Clegg.
( 1) S P R IN G F IE L D & W E S T E R N R Y —A tro lley road.
E x cep t a few shares to qu alify directors, stock is a ll owned by LayP E O P L E ’S S T R E E T R A I L W A Y . - O w n e d by the
ton Springfield & Urbana E lectric Ry.
Am erican Rys. Co.—See statem ent of the la tte r under Philadelphia.
Date.
Interest. Oulstand’g.
M aturity.
S t o c k & B onds
. . ......................... $250,000
.............. '
Stock, $250,000 ($100)
1901
5 g. J-D
105,000 June 1,1921
1st mtge., $250,000 'In t.p a y a b le at Cont. Trust Co.,N . Y., trustee.
P o p u l a t io n 1900 was 20,754; in 1890 w a s 16,841;
($1,000), g., s. f...o* . Guar. p. & L b y D a y t. Spring!. & U rbana by end.
a n d in 1880 was 9,547.
Roads-$145,000 o f the bonds are still reserved fo r extensions,
D
E
C
A
T
U
R
T
R A C T IO N A N D E L E C T R IC at the rate o f 75 p. o. o f actual cost. A sin k in g fu n d o f 5 p. o. o f gross
earnings becomes operative a fter June 1,1906; after that date bonds T rolley road.
ORGANIZATION—Organized Oct. 20 1899, under Illin o is la w , as suc
ean be oailed at 110 and interest on any Interest date.
cessor to the C ity E lectric R a ilw a y (o f Decatur) sold at foreclosure
R o a d —Owns and operates 7 miles o f road on p riva te righ t o f w ay September, 1899, and bought in b y the bondholders.
from M ed w ay (w here connection Is made w ith the D. S. & U. Elect.
STOCK & B onds —
Date. Interest. Outstand’g.
M a tu r’y
R y .) to beyond N ew Carlisle. Extension to T roy n ow under construc
$250,000
.......... .......
tion, m aking a tota l m ileage o f 18 miles Owns 260 acres o f land, Stock, $250,000 (par $10 0)............................
i
non
*„ C 1900 5 J-J
207,000 Jan. 1,1920
which is used as a pleasure park. —V. 73, p. 288.
l8) « ‘snnIftnd *2) oog° a Y i i ? 3 In t - at Illin o is Tr. & Sav. Bank, Chicago,
($500 and $1,000 ea ch ). £-prus^ or K n ickerbocker Trust Co., N . Y .
D A Y T O N L E B A N O N & C I N C I N N A T I R Y -A
R oad —134s miles o f tro lley track.
tro lle y road.— (See M a p o n M age 3 9 .)
OFFICERS— President, B. W. Campbell, Cincinnati; Secretary and
ORQANIZAT on —This Is one o f M r. A rth u r E. A p p ley a rd ’s roads.
Treasurer, W. L. Shellabarger, D ecatur.—V. 68, p. 129; V. 69, p.
Is to connect the points named in the title, a distanoe o f 54 miles, 333, 541, 905; V. 70, p. 945.
S I miles o f w hich was com pleted in June, 1902. Rem ainder is exected to he com pleted about Sept. 1, 1902. Road is operated In
ariuony w ith the D ayton S pringfield & U rbana and Columbus L on
don & Springfield, which are controlled in the same interests. W hen
P opulation 1900 was 11,807; in 1890 was 10,958;
finished w ill form part o f a through lin e from Columbus to Cincinnati,
and IN 1880 was 3,975.
122 miles, en tirely o ver p riva te righ t o f w ay, the w hole of w hich Is
D
E
N
IS
O
N
&
S
H E R M A N R Y . - A tro lley road.
steam ra ilroa d construction.
O rganization —In corporated in T exas on August 27,1900. Com
S t o c k a n d B onds —
Date. Interest. Outstanding. M a tu r ity
menced operations M ay 1, 1901.
Stock, com m on,$1,500,000 >
$1,500,000
($ 100) .......
S t o c k & B o n d s — Date.
Interest.
Outstanding.
M aturity.
............ ? ........................
Stock, $100,OUC $100.
Pret. 6% cum ulative, $1,
...................
$100,000
.................
1
,
000,000
000,000 ( $ 100) .................... ,
1st Mtge., $500,000 I 1901
o g J.-J.
300,000
Jan. 31, 1931
1st m ortgage, $2,000,000, > 1901 5 g „ M-S 1,000,000 Sept. 1. 1921
gold ($1,000)
. s In t. at Farm ers’ Loan & Trust Co., Trustee.
($1,000) g o ld ............... e* ( In t at Continental Tr. Co.,N . Y ., trustee.
Bonds—A re subject to call on any interest date a fter 1911 at 105;
Bonds—A re subject to call in 1906 at 110. S in k in g fu n d o f 5% of $200,000 are reserved fo r extensions and betterments.
gross receipts commences in 1906. Mtge. oovers 22 acres o f term inal
R oad —Operates 16 miles o f track betw een Denison and Sherman.
p rop erty In Dayton.
OFFICERS—Brest, and T r e a s . J. P. Orerar; Vioe-Prest., John Crerar;
OFFICERS— President, (A . E .A ppleyardB oston; Treas., W. R. M itchell; See. and Gen. Mgr., F red H . Fitch.
Secretary, Frank Brandon.—V. 73, p. 1312; V. 74, p. 93.
E arnings —N ine months from M ay 1, 1901, to Jan. 31, 1902, gross,
$60,898; net, $29,013
D A Y T O N T R A C T I O N —See Cin. D ayton & Toledo, under
Cincinnati.
D E C A T U R , IL L .
S
D ENISO N, T E X A S .
D E N V E R , COE.
P opulation 1900
D AYTO N & TROY E LE C T R IC R Y
- A tro lle y road.
O r g a n iz a t i o n .— Incorporated in 1900. Is bu ilt en tirely on p riva te
right of w ay. Completed in December, 1901.
Rails 70 1b. T .
Pow erh ou se located at Tippecanoe City, Ohio. Stock, $500,000 ($100)
common, and $500,000 ($100) preferred; cum ulative 5 per cent. No
bonds contem plated In May, 1902, took o ver tbe M iam i V a lley B y.
under perpetual lease at a ren ta l o f $9,600 per annum, w hich is ap
plicable to the stock o f $300,000, that com pany’s m ortgage h avin g
been canceled.
R o a d — Owns and operates 30 miles of track (10 miles double, 10
miles single) betw een D ayton and T roy. Leases the M iam i V a lle y Ry.,
extending from T ro y to Piqu a and com prising I I 8a miles o f track.
T o ta l tra c t, 4 7 ^ miles.
O f f ic e r s —President, V alentine W inters; Vice-Pres. and Gen. Man.;
H. P. Clegg; Secretary, Chas. B. Clegg: Treasurer, J. H . W inters.
G en eral office, Dayton, Ohio.—V. 74, p. 1251.
D A Y T O N C O V IN G T O N
TION.—A trolley road.
&
P IQ U A
TRAC
O r g a n iz a t i o n — This was fo rm erly know n as the D a yto n & T roy
Traction, but name changed to the above in Aug., 1901. The D. & T
Traction was incorporated in Ohio in Jan., 1900, to build a street ra il
w a y from D ayton to T roy, but route w as changed, and road is being
constructed from D ayton to C ovington and Piqua. aDout 32 miles, to
be ready fo r operation in 1902. Company acquired the right to use
the tracks o f the People's B y. in entering c ity o f Dayton.
S t o c k AND BONDS—
Dale,
interest.
Outstand’g. M aturity.
Stk auth. ($100), $500,000 .........................
$500,000 ....................
P L stk. 5% ($100),$550,000 .........................
550.000
..........
Newm ortgage.$450,000 5 ___
5 p. e.
450.000
Oct. 1,1902
($10,000 prom, notes) ( In tern ation al Trust Co., Boston, Trustee.
Pres., D. D w yer; G en T M gr.,E .C . Spring. - V. 70, p. 739; V . 73,p. 286.
DENVER
w as
133,859; in 1890 was 106,713, and in 1880
w a s 35,629.
C IT Y
TRAMWAY
COM PANY-
E lectric.
Ln M ay, 1902, the D en ver & N orthw estern Ry. obtained oontro). e x
changing its securities fo r D en ver C ity Tram w ay stock. See V. 74,
p. 1038, and that com pany’ s statem ent below.
ORGANIZATION-—Consolidation in March, 1899, per plan in V. 67, p.
1262, o f the D en ver C ity R E . and the West End S treet RR. (both sold
under foreclosure on Dec. 15, 1898), w ith the D en ver Consolidated
Tram w ay. V. 6s, p. 281, 473. Also owns and operates the fo rm er
C o lfa x A ve. E lectric, which w as sold at foreclosure in February, 1899.
In July, 1899, the D en ver B oard o f Supervisors repealed the soealled blanket and perpetual franchise of 1885, as to unoccupied
streets; the question as to the p ow er of repeal is pending in the courts.
On March 21,1900, the righ t fo r 20 years to operate the cable lines
by electricity was granted b y the city, and on A p ril 1, the change o f
pow er was made—V. 68, p. 1023; V. 69, p. 228.
Outstand’g.
M aturity.
Interest.
S t o c k a n d B o n d s — Date.
$5,000,000 M a v lS ’O -,1%
Stock $5,000,000 ($100) ... .
498.000 July 1,1908
6 g. J.-J.
Denver Tram w ay 1st, g . 1888
1,219,000 Jan. 1,1910
6 g. J.-J.
ConsoL M .,go ld ..o *& r.1890
953.000 Jam 1,1911
6 g. J.-J.
Met. St. R R. 1st, g o ld ...1891
Denver
I ______Con. Tram w ay
. >
, 1893
...
5 g. A.-O. a 1,167,000 Oct. 1,1933
Con.M.,$4,000,000,g \ Interest at M ercantile Trust Co., X. Y ., trustee,
5 ia "
5 g. A.-O.
2,000.000
Apr. 1,1919
and $500)
^
c* ( Int- at Central Trust Co., N e w Y o rk . Trustee.
a No m ore honds can be issued under this m ortgage.
The n ew m ortgage is a first lien on the D en ver City and W est End
properties and a lie n on the D en ver Consolidated T ram w ay ju n ior
to its existing m ortgages, to rem ain outstanding and be assumed.
Abstraot o f D enver Consolidated Tram w ay consol. M. of_lS93, V. 52,
, . 354.
ST RE ET
32
R AILW A VS.
B o n d s -O t the $25,000,000 authorized, $15,880,000 are reserved to
ROa O—O wus about 143 miles of electric track.
retire nnderli lug lieu*. •i3.wrj.G AJ to r preseut use (the 8 i .iXMi.000 out
0 iv o f n D3 f i n e ij.ua' tetiy dividend o f 1 o w » i paid May 15,1001; forms part o f this $3,000,000), and tUe balance, $6,130,000, fo r ac
also ,i ux, 15, 1%; Nov, 15, 1%; in 1901, Feb. 15, 1%; M ay 15, l'%,
quiring new properties at tbc rale of 75 % of obit. Entire iis ie, but no
L A T t iT E a h n i NQS. Four months to A p iU 30;
part thereof,
subject to call at any tim e at 105 on 60 da> o’ notice.
4 month* —
tiro**.
Net.
Charge*.
Surplus. I
DKTiton c it iz e n s .
1Won ..................... $411,348
$220,219
$ 1 0 ,2 5 3
$*8,971 I
D etroit Citizens’ 1ot ; 1895
5g. J-J
$6,585,000 July 1,1905
1001 ...................... 435.290
198,331
125.022
Con. M., $7,000,000 •Trustee, N. Y. Security A; Trust Co., N. Y.
EARNINGS—Fur oalom lar year* ending Doc. 31:
($1,000,1 g o ld ....... "c i In terest at Kean, Van Oortiaudt A Co., N. Y.
Uroas.
Net.
Charge*.
S u rp lu s_
Guaranteed under t e r m i o f lean- :—
1901......................... . $1,507,293
$088,905
$383,180
$305,785 I Detroit Suburban By, t 1892
5 M .- N
275,000 N ov. 1,1902
1900 ......................... 1,302,200
570,839
374,291
205,548
let M. $400,000. o j Trustee, Union Trust Co., Detroit.
O ffic e r s —President, Win. o . Evans; V Ico President, John A. h eller. 1 Dot Suburban R y , , ) 1893
5 J - J
140,000 Jan. 1,1903
—V. 70, p. 880; V. 72, p 872; V. 74, p. 426, 1037, 1195.
mu1,1"
( Trustee, Union Trust Co., D etroit.
($1,000) g . ,...
o )
D E N V E R & N O R T H W E S T E R N R Y . - A n electric ; Bonds—O f tbc consolidated m ortgage fo r $7,000,000, $415,000 are
held by trustee to redeem the Two issues o f underlying bonds.
road.
O hQan z a t i On , In corporated in June, 1901, to construct an elec- {
D L T ftO II ELECTBIC.
trie railw ay of 12 miles from Denver northwest to the coal Helds; also I Detroit Railway—
Date. Interest. Outstanding. Maturity.
8 m iles of road to a summer resort. In May, 1902, obtained control ; 1st M., g, ($1,000), on J 1895
5g. J-D $1,800,004) Dee. 1,1915
o f the D en ver Tram w ay <'o. through exchange o f its securities fo r the | 56-34 m iles...........c 'A r . (T ru s te e, Cleveland Trust Co.
stock of the same. See terms in V. 74, p. 103 8. P ra ctica lly the w hole Det. Elec. Con. M., $2,800,- 5 1896 5g. J-D
1,000,000 Dec. 1,1916
Issue o f T ram w ay stock has been exchanged and is deposited as col
000, gold ($1,000). ,c*<fer ( C leveland Trust Co., trustee. As to Dec.,
lateral under the new m ortgage.
1897, Interest, see V. 65, p. 1219.
S t o c k & B nds —
Date. Interest Outstanding,
M a tu rity .
Bond*—First m ortgage bonds o f the Detroit Ry. numbered 1 to
Stock, $6,000,000 ($100)..................... .
$8,000,000
....................
600 mature in order of numbers at $50,000 per annum, beginning
1st <fe colL in "Ft.. g „ *0,- ) 1902 5 g. M-N
6,000,000
M ay 1, 1932 Dec. 1, 1912; numbers 601 and above mature Dec. 1, 1924. D etroit
00O.000 ($500 and $1-, > mt. at M ercantile Trust Co., N .Y ., trustee; E lectric consols for $1,800,000 are reserved to retire the hist m ortgage
000 ........................ c" ) also office o f company in Denver.
bonds as they mature.
Boruls. Can be called on any Interest day at 105 and Interest upon
D E TEO IT P O E T W A Y N E & BELLE ISLE.
90 days notice.
O fficers President. 8. M Perry; Secretary, F. G. M o ffa t; Treas
urer, Thos. K e e ly .—V . 74, p. 1037.
_________
DES
P o p u la t io n 1900
w as
MOINES, I O W A .
62,139;
in
1890
w as
50,093,
and
in
1880
IVAS 22,408.
D E S M O I N E S C I T Y R A I L W A Y —A trolley road.
O r g anizatio n —A consolidation in 1893. Is authorized to carry
freight.
Stock & Bo n d s — Miles. Date. Interest. Outstand’g. Maturity.
Stock, com., $3,000,-)
$1,055,000 ..............
000 ($100) , _____\ ..................................
250.000 ....................
Pf,8tk,6p.o.,non-cum. .. .. ...... . ...........
501.000 Oct. 1, 1902
23 1889 6 g .A -0
D. Mo. St. RR. 1st M,,
($2o,CK>0 due yearly) to Oct. 1, 1919
gold, $1,000 each ...
( Am erican Tr. & Sav. B ’k Chicago, Trustee,
ea MOIMS
KV
12 1890 6S-J - J
272,000
Jan., 1906
Des
Moines sub
Sub. R
j
A mortga
-e gold i
($20,000 due yearly) to Jan., 1921
1st
m ortgage
add
h
°
In
terest
at
Chemical
N
ational
Bank,
N .Y . City.
$1,000 each..
(. Trustee, Io w a Loan & Trust, Des Moines.
D . Mo. C ity R a ilw a y f - 190l ^ ' A - O . „9 39 ,000 Apr.30,1921
AAA AA, I n t ’est at N. w. H arris, N. Y . City; also Chicago,
ortg., $3,000,000
^ ($1,000)
nrmV . . . .’. . .T*'
1
Trustees,
Illinois Trust & Savings Bank and
g. ($r,uuu) ......... co* ^ Wm. H H en kle o f Chicago.
Bonds— Of the n ew mtge. bonds o f 1901, $882,000 w ere origin ally
reserved to retire the underlying sixes then outstanding. O f the
$939,000 5s reported outstanding, $5,000 have been deposited w ith
Illin ois Trust & Savings Bank to be held in lieu o f $4,000 Des M oines
C ity R ailw ay 6s still out. Bonds can be called on any interest
date a fter A p ril 1, 1906, at 106 and interest. Sinking Fund becom es
operative as fo lio w s ; $10,000 y e a rly on A p ril 1 Horn 1906 to 1910,
$15,000 from 1911 to 19 L5, and $25,000 from 1916 to 1920. The r e
m aining bonds m ay only be issued to pay fo r 80% o f cost o f extensions,
provi ting net earnings are 50% in excess o f in terest charges upon a ll
bonds outstanding, iuoluding those to be issued.
R oad .—Operates 50 miles o f track on 31 miles o f street. In terurban extensions, aggregatin g 100 miles and to be operated as passen
ger and freigh t lines, proposed.
Oper. exp.
Years ending Dec. 31.
Gross.
Net.
$250,485
1901. ............
$147,354
$397,839
229,722
1900 .......................................... 353,034
123,312
203,297
1899.............................
299.191
95,894
176,210
1898 ............................
254,820
78,610
O f f ic e r s —President, J. 8. Polk; Secretary, A . G. M aish; Treasurer
and General M anager, Geo. B. Hippee; Superintendent, A . G. Maish. Y . 74, p. 936.
BONDS—
Date.
Interest
Outstand’g.
Maturity.
1st rnte-
*
QOO 900 ( 1898
5g. A -O $1,200,000 A p r. 1, 1927
K** $1,200,000 > N. Y Security & Trust Co., Trustee.
($1,000)............... .c r ( (gubj to 0ail at $105 <fc int. on 60 d. notice.)
In terest at Kean, V an Cortlandt & Co., New York.
DE TEO IT & NOETHWEBTEEN B Y.
1st m tg.,$1,000,000, g „ ) 1901
d ^ g .M -N
$855,000
M ay 1, 1921
$100, $1,000........ c*. ( In t. at Union Trust Co , D etroit, Trustee.
Bonds—A re guaranteed principal and interest by the D etroit U n ited
Ry. b y endorsement and are subject to call at 105 and interest on 60
days notice a fter M ay 1,1911.
D E TEO IT A PO NTIAC BY.
1st mortgxge, $500,000, > 1897
5 g .F -A
$500,000 Feb. 1, 1922
$1,000, go ld ............ e* S W ashington Trust Co., N. Y., Trustee.
1st Con. M , g., ($1,000) ) 1901
4>ag. J-D
$800,000 June 1,1926
$1,100,000....... o '& r ) Int, at W ashington Trust Co., N. Y ., Trustee.
Bonds—$509,000 consolidated m ortgage 4 ^ p c. bonds are reserved
to retire like amount o f 1st m ortgage bond-. Bonds are subject to call
at 105 and interest on 60 days’ notice a fter Jurie 1,1911. Prin cip al and
interest o f both issues guaranteed by D etro it U nited b y endorsement.
W YAN D O TTE A D E TEO IT E IV E E E Y .
1st m ortgage, $200,090) ’ 893
6g.J D
$200,000 June 1,1903
($1,000) g ..... .........c*. s Union Trust Co , D etroit, Trustee.
ls tc o n a o l.M .,$425,000, > 1898
5g.J -D
$225,000 Dec. 1, 1918
$1,000, g o ld ............c* ( In t. at U nion Trust Co., D etroit, Trustee.
Bonds.—Of the $425,000 consolidated m ortgage bonds, $200,000 are
reserved to retire bonds o f lik e amount m aturing in 1903.
D ETEOIT & F L IN T B A IL W A Y .
O r g a n iz a t io n —T he D etroit Rochester Rom eo t Lake Orion R a ilw a y
purchased the property o f the D etro it Lake Orion <fc F lin t R ailw ay.
The D etroit & F lin t R a ilw a y was organized to acquire the D etroit
Rochester Rom eo & Lake Orion, together w ith the N orth D etroit
E lectric R a ilw a y and the D etroit U tica & Rom eo R a ilw a y. Th e con
solidated m ortgage is a first lien on these la st tw o properties.
Date. Interest. Outstanding
M aturity.
D .R R . & L . O . R y . 1st m tg .,>1900 5g J-D $1,100,000 J u n e l.1 9 2 0
S. F. gold ($l,o00) $1,250,- l i n t at A m eiican Trust & Savings Bank,
000 unissued bonds h ave f Chicago, Trustee; also G uaranty Trust
been c a n c e le d .............. c* J Co., N e w York.
Det. & F lin t 1st consol. M., ) 1901 5g. F -A $1,400,000 Aug.31,1921
g., $3,000,000 ($1,000) ..c* ( C ity Trust Co., N e w Y o rk , Trustee
Ronds.—O f the consolidated m ortgage $1,100,000 are reserved to
retire bonds o f like amount o f the D. R. R. & Lake O Ry. and $500,000
are unissued- Consolidated bonds are subject to call at 100 and
interest after A ugust 1, 1911, on 60 days’ notice. B oth issues axe
guaranteed by the D etro it U nited R a ilw a y.
R e p o r t .—A nnual rep ort fo r the year ending D ecem ber 31 w as pub
INTERURBAN R Y . - A tro lle y road,
lished m Y . 74, p. 323.
O r g a n iz a t io n — 1his com pany was incorporated in Io w a to con
1901.
1900.
struct am extensive system o f interurban roads connecting w ith Des Gross earnings...............
$2,919,171 36
$2,575,276 54
Moines
About 30miLes now bein g built, conne-cting Des M oines and O perating expenses, including ta x e s ... 1,596,765 60
1,439,057 78
C olfax; expected to be com pleted by Sept. 1,1902.
N et earnings from o p e ra tio n ....___ $1,322,495 76
$1,136,218 76
STOCK & B o n d s —
Date. Interest. Oat standing.
M aturity ,
Incom e from other sources.....................
23,066 99
14,558 88
Stock, $550,000 ($10 0).............................
$550,000
...........
1st Mtge., $3,900.000,)
1901
5 g. A -0
475,000
A p r. 1,1921
$1,150,777 64
Gross incom e from a ll sources........$1,345,472 75
gold ($1,0 0) ........SA m er Trust & Savings B k „ Chicago, Trustee.
Deductions—
Bonds— Interest is payable a t office o f N. W. H a rris & Co., Chicago. In terest on funded d e b t..$675,343 75
638,316 91
Bonds are subject to call after 1906 at 105.
Dividend M arch 1............ 125,000 00
O f f i c e r s —P reddcn t, H H . Polk; Vice-President, N. W. H arris; Sec D ividend June 1.............. 125,000 00
retary, W. 1. H askit; Treasurer, Geo. B. H ip p ee.—V. 74, p. 630.
D ividen d September 1 ___ 125,000 00
D ividend D ecem ber 1 . .. 125,000 00— 1,175,343 75
.DETROIT,
MIGH.
P opulation 1900 was 285,704; in 1890 was 205,876, and in 1880
w as
116.340.
DETROIT UNITED RAILW AY.-f See M a p p age
8 3 ) . Trolley.
This is one o f the properties controlled b y the E verett-M oore syn di
cate, whose affairs are fo r the tim e being in the hands o f a bankers’
com m ittee. |Y. 74, p. 41.)
O r g an iz a t io n .- Incorporated in Mich. Deo. 31, 1900, and took o ver
franchises and properties o f the D etro it Citizens’ Street R a ilw a y, the
D etroit E lectric R ailw ay, the D etroit F o rt W ayne & B elle Isle and the
D etroit Suburban. V 72, p. 44, 183. Embraces ail the street ra ilw a y
Un-s in Detroit. D etroit United R a ilw a y stock has been listed on the
N ew York Stock E x eh an g -; also D etroit Citizens’ R y consol. 5s.
L a t-r absorbed by purchase the D etroit A N orthw estern Ry., which
is know n as the Orchard Lake division, the D etroit & Pontiac Ry.
known as the Pontiac division, the Wyandotte & Detroit R iv e r Ry.
known as the W yandotte division, and the D etroit & F lin t, fo rm e rly
the D etroit Rochester Romeo & Lake Orion Railw ay.
In A u g . 1901, purchased 2,970 shares (all) o f the stock o f the Sand
w ich W indsor & Amherstburg Ry.; 180 shares (all) o f the stock o f the
C ity Electric R y. and the People’s E lectric L ig h t plan t or Windsor, Out.
Th e W indsor City lines comprise about 16 m iles o f tra'Tk.
The U nited States Supreme Court on March 3,1002, decided that the
ordinance o f 1889 com pelling the Citizens’ Street R y. to sell 8 tickets
fo r a quarter was invalid. (See V
. 74, p. 528.)
S t o c k &B o n d s — Date.
Interest.
Outstand'g.
Maturity.
Stock, $12 500.000 ...............................
$12,500,000 1% Ju ly, 1902
l s t c nsol. M .,$25,-1 1902
Ahjg. J-J
1.0 >0,000
Jau. 1,1932
^ 000,oOO, gold ($1. > Guaranty Trust Co., N. Y , s Trustee,
t 000)___ ____ ___ e * ) Interest at a gency o f the com pany in N e w Y o rk .
$512,460 73
, ^
1902 ................................. ............. ...G ross, $1,009,536; net, $423,162
1901...........................................
.....G ro s s ,
870,359; net, 372,729
Dividends—The first d ividend o f 1 per cent was paid M arch 1,1901,
and regu lar 1 per cent q u arterly since then.
ROAD.-On Jan. 1, 1902, operated 379 5 miles, as follow s; D etro it
Surplus in c o m e ...... .....................
$170,129 00
L ate st Earn 1NQ S.-Four months to A p ril 30.
total, 379‘5. This is independent o f the D etroit & Port H iron Shore
L in e, which is separately operated and ct inprises 107-9 7 miles, and
the Windsor c ity lin ts, about 16 m iles, m aking altogether 504 m iles
owned ana controlled.
OFFICERS—Chairman o f Board, H. A- E verett. C levelan d ; Presiden t
and G eneral Manager, J. C. Hutchins, D etro it; Vice-President, ArthurPack, P o n tia c; Treasurer, G eorge H. Russell, D e tro it; S ecretary,
Edw in Henderson, N. Y .; A ssistant Secretary, A , E. Peters, D etroit.
G eneral offices, 12 W oodw ard A ven u e, D etroit —V. 71, p. 1310; Y . 72,
p. 44.136,183, 241, 338, 391, 627, 722, 935, 1135, 1187; V. 73, p. 137,
2 3 6 ,3 3 7 ,3 9 i,4 9 4 , 553, 6 i 5, 957, 1061, 1111; Y . 74, p. 41, 151 ,205,
3 2 3 ,3 2 6 ,3 7 8 , 6 2 9 ,7 2 7 ,7 7 5 ,9 3 6 ,1 0 3 8 ,1 1 9 5 .
( 1 ) D E T R O IT & P O R T H U R O N S H O R E L I NE R Y .—A tro lle y road.
V O f the capital stock o f this company, $1,317,600 is owned b y th e De
tr o it U nited R a ilw a y.
O r g a n iz a t io n -—in corp o ra ted in M ay, 1900. Is a consolidation o f
the Rapid R a ilw a y Co., the Det. M t. Clemens & M arine C ity R y . (the
purchaser o f the properties o f the Mt. Clemens & Lakeside Traction
Co, and the D e tro it & River, St. C lair R y .), the Port Huron St. C la ir &
M arine C ity R y ., the Connors Creek & Clinton R iv e r Plan k R oad
Co., and the C ity E le c tr ic Ry. o f P o rt Huron. The new com pany
CO
oo
C ity Lim its
f\V e b li|’ Avi-
V .'- ' . V
La\McenceMatvc
M AP
Mdtt-Ave,
aiU-roft VyecsrS;
iylor^Ave|^
SHOWING THE ENTIRE RAILWAY SYSTEM OF
DETROIT, MICHIGAN.
IN D IC A T IN G
==RoHvTlnle
T row bridge
O F T IIE
DETROIT UNITED RAILWAY
A N D
'i—Woodland
D e 1 r< i t
C ity Lim i ts
Owrem?=Ave:
Holbrook -Ave
T H E
gH#
INTERURBAN DIVISIONS OWNED.
- «
vV
Latbrop:
[P a rk
T |
* fjrtfcv
Boulevard:
Douleolird
'M
1° r /
■Boulevard*
‘Milwaukee: Ave;
'- / '
STREET RAILWAYS
e h b s l
Duiy
C ity Limits//
r-c/V
o/*
Vo V i /
F fi
WARREN
Luthe
Ce/ne
RNSV ORTH
AVC
AVC.
:Gau(leUI
M ; l T n^
mvrtlc
A le x a n d ria
*
MACK
v en y.
MCHIGAN CEN-.
Ei>ki le
ENOR C KS
WATERLOO
AVC
/fnj uQdd *
Monte;
1
C c m e t e r y\ MtfSIlott
V v : i •l i , ii
: i\ r a a c e m e t e r y
■C/arA
|H
COMB MONRO
Howard
WABA8I
Fort Wayne
W IN D SO R
AVE
rHA MPLA I
J^T(CH£W^
AVE
A
STREET RAILWAYS.
34 *
m vv ii.3
ti».3 capital iftiook o f each road, The ouodoiidatfcd eoiiip&uy
L !_ 'ors all the u xek5 iii M l Clemen# iiiitl P o rt H uron, and the
tlif oLi-i'h route from D etro it to P o rt H uron running through M t.
iii, New B altim ore, A lg o u s -. Marine C ity and St. C lair. A lso
• • - lilt-, a p p a l stock o f. the D etro it A Lake St. C lair Ry
Dale.
Inter?4i, Oatstand’g. M a tu r it y .
ST ZK AND BONOS-™
......
. . . . ____ $‘2 ,000,000
....... .
8 toe] $2, 600,OUO i $100)
I , r \i ... ->uo o u v tM oooi <
1900
5 £ J J 1.392,0-J0 J*n . 1,1950
AaL •1‘ V ; jUO
J U oiou Crust Co., D etroit, fr u ite e .
u
called, a-o a i . £ l a t
^ m^ q 0iill L io n . N at. Bank, N. Y ,
Bon> i . - u f the new 1st m ortgage, $783,000 is set aside to re tire
undrJdyuxg Ubiis maiiiOly the bonds o f the R apid R a ilw a y and o f the
City M r. trie, Ry. and1the P o rt H uron Ht. C la ir A M a rin e C ity R y.);
ami $325,o0o is reserved fo r extension s and acquirem ents.
R o ad — 107 07 miles.
N E a r n in g s — F or y e a r en din g Deo 31, 1901, w ere, gross, $336,624
op era tin g expenses and taxes, $223,730; n et earnings, $162,894;
charges, $110,300; balance, $46,594,
P 'O f f ic e r s — President, C. J. R e illy , D etro it; V ice-P ro d d en t, A lb e r t
D ix on , P o rt Huron; S ecretary, W. L Jenks, P o rt H uron; Treasu rer,
Charles 51. S w ift, Detroit.- V. 70, p. 686; V. 72, p. 136, 282, 1237; V.
74, p 205* 267, 326.
f ( i ) T H E R A P I D R A I L W A Y . —A tro lle y road.
O r g a n iz a t io n — Ch a rtered M arch 1, 1894,
in 51 ay, i960 , was consolidated w ith the D etro it A P o r t H u ron Shore
Lin e R y , which owns the $250,000 stock o f same. V .7 0 , p. 633, 687.
Bonds—
Date.
In terest.
O utstanding.
M a tu rity .
1st m ortgage, $300,000, $ 1895
5 M -S
$300,000
M ar. 1,1915
($1,000)..................e * \ In t. at Fin ance Co. o f Penna., P h ila ., Trustee.
1st 'Consolidated m tge. $ 1896
5 g. M -N
$300,000
M a y 1, 1916
$600,000 (g o ld ).•
c-. t In t. at F in a n ce Co. o f Pen n a., Ph ila., Tru stee,
O f t ire consol, m o rtgage bonds o f 1896, $300,000 are reserved to
take up the outstan ding firs t m o rtg a g e bonds.
( b ) R A P I D R A IL R O A D —T o Re & t r o lle y road.
O r g a n i z a t i o n .— In co rp o ra ted in 1898 to bu ild the exten sion o f the
R a p id RaUway fro m Mt. Clem ens to P o rt H u ron, M ich., 40 m iles, v ia
St. C la ir Flats. A lgo u a e, M arin e C ity and St. C lair. T h e D e tro it A P o rt
H uron Shore L in e R y . owns en tire ca p ita l stock o f $2,000,000.
■ ( c ) C I T Y E L E C T R IC R A I L W A Y (O F P O R T H U R O N ).—
O r g a n iz a t io n —Ch artered M a y, 1892, and was gran ted a n ew fr a n
chise from M arch 1, 1899, fo r 30 years. Stock ($100,000) is ow n ed b y
D e tro it & P o rt Huron Shore L in e R a ilw a y .
BONDS—
Date.
Interest.
Outs t and*Q.
M a tu rity .
ls r m ort
41200 OOO ( 1893
6 *• M -S
$180,000
Mar. 1, 1913
ir
S in n n
'
’ l Subject to call at 105 and int. a fte r Mar. 1,1903
g
, $>i,uuu.......... ( In te re s t at H a n o v e r N a tio n a l Bank, N. Y . C ity.
Bonds—The m o rtgage trustee is the U nion Trust Com pany o f D etroit.
( d ) D E T R O IT & L A K E 8T. C L A I R R Y . CO.—A tro lle y road.
O rg anizatio n - S u ccessorb y purohase A p r il 1,1900, of the D e tro it
L a k e Shore <fc Mt. Clem ens Ry.
Bonds—
Date.
In terest.
O utsla nd'g.
M a tu rity .
1st M tg., $400,000, > 1900
5 g. A .-O .
$290,000
A p ril 1, 1920
gold ($1,000) ..o * > In tere st a t U nion T ru s t Co., D etro it, Tru stee.
f t B ona 8,—'T he bonds are gu aran teed, prin cip al and in terest, b y the
D e tro it & P o rt H u ron Shore L in e R y., the R a p id R a ilw a y Co. and the
D e tro it M t. Clem ens & M arin e C ity Ry.
W R o a d . ' D etro it to M t. Clem ens, 17 m iles; tra ck a g e w ith in D e tro it
o ily lim its o v e r D e tro it C itizen s’ R y., 8 ^ m.; to ta l operated, 25** m.
(
)
P O R T H U R O N ST. C L A I R & M A R I N E C I T Y R A I L W A Y . —
Date. In terest. O utsland'g.
M a tu rity .
1st m o rt,g ., $3 0 0 ,0 0 0 )
1900
5 M-S
$3,000
Meh. 1, 1920
($500 A $ 1 ,0 0 0 ).......s U nion T ru s t Co., D etro it, trustee.
T h e rem a in in g $297,000 bonds h ave been canceled.
Bonds —
D E T R O IT Y P S I L A N T I
JACKSON R e
ANN
ARBOR
D O Y L E S T O W N , PA.
POPCLxiiGN 1900
( I ) L A N S IN G C I T Y E L E C T R IC R Y .—A t r o lle y road.
STOCK & B o n d s —
D ale. Interest. O utstanding.
M a tu r ity .
Stock, $100,000..........................................
$100,000
................
1st M., $100,000, g o ld .
1896 5 g. J A J .
100,000
Jan. 1, 1945
T ru stee is C on tin en tal Tru st Co., N. Y.
R o a d —Owns 10 m iles o f track, 11 m o to r cars and 7 tra ilers.
— V. 73, p. 957.
DEE.
P o p u l a t i o n 1900 w a s 3,329; i n 1890, 3,061;
a n d i n 1880 w a s 2,811.
D E L A W A R E E L E C T R I C T R A C T I O N -- A trol
ley road.
O rg anizatio n —On A p r il 7,1 9 0 2 . w as in corp o ra ted under la w s o f
D e la w a re to ta k e o v e r the D ela w a re G en eral E le c tric R y , w hich la tter
had com m enced th e constru ction o f an e le c tric ra ilw a y from M ilfo rd ,
D el., v ia D o ver, to W oodland Beach and Sm yrna, w ith a branch to
B om b ay H o ok on D ela w a re B a y (w hich is used as an excu rsion resort),
a to ta l distance o f about 40 m iles. W ill ca rry both passengers and
freigh t. Construction under w a y, and about 10 m iles o f road built.
vv' a *
and in
DOYLESTOW N
tro lley road,
3,034; in 1890
1860 2 070.
w as
2,519,
& E A S T O N S T R E E T R Y .-A
O R G A N IZ A T IO N —In c o rp o ra te d in Pen tihyivani • on F ebru ary 3, 1697,
to constru ct an electric road conn ectin g D o ylesto w n and E aston, a
distance o f 33 m iles. On May 24* 1902, put m o p era tio n 6 miles o f
road betw een Du vies to vn and Plum stead ville. R em ain der is exp ected
to be com pleted by Septem ber, 1902
STOCK dc B o n d s —
Dale.
Interest
O u tstand ing. M a tu rity .
Stock. $625,000, $50
.....
...........
$250,000
... ...
1st M tge., $325,000 > 1901.
5g J J
250,000
July2,1941
($1,000), g o ld ___ c* > In t. at G ira rd T ru st Co., Ph ila., Trustee.
Bonds.—-No sinking fund, and are not subject to cu lt
OFFICE r s —P resident, J R. R osenberger; V ice-P resid en t, S. J, P e n
rose; S ecreta ry and Treasu rer, H. J. Shoemaker; E ngineers and Con
tractors, H. M. H erb ert A Co., Bound Brook, N J.
DOYLESTOW N & W IL L O W
GROVE
RY.
C O . —A tr o lle y road.
O r g a n iz a t io n — Orga n ized as successor to the Bucks Cou nty R y.
Co., purchased at fo reclosu re sale on M atch 14, 1900.
STOCK a n d B o n d s —
D ate.
Interest.
Outstamd’g. M a tu rity .
Stock, $500,000 ($ 5 0 ).............. ......................... $500,000
..................
1st m ortg., g.$50 0 ,0 0 0 )
1900
4 g. J-D
500,000
June 1,1930
$1,000, g o ld ........ .e* 5 L a n d T it le A T r u it Co., Ph ila,, Trustee#.
R o a d — Owns and operates 13 m iles o f road from D oyle stow n to W il
lo w G rove, ru n nin g over the ol i tu rn pike b etw een those places, w hich
is leased fo r 999 years.
EARNINGS.—F o r fiscal y e a r en d in g June 30, 1901, gross, $41,688;
net, $18,625; taxes, $1,365; in terest, $20,000; deficit, $2,740.
O F FIC E R S— P resid en t, Geo. D .W iden er; Vice-President, C. P. W ea ver;
S ecreta ry and Trea su rer, A le x . R en n ick, both o f P h ila d elp h ia .—V.
69, p. 1061; V . 70, p. 229, 1149
DUBUQ UE, IO W A .
P o p u l a t i o n i n 1900 w a s 36,297; i n 1890 w a s 30,311; a n d i n 1880
w as
22.254.
U N IO N E LE C T R IC
C O .-T r o lle y .
O r g a n i z a t i o n .— In co rp o ra ted in 1900 as a consolidation o f the
H om e E lec tric Co., the Dubuque S treet R y. and the S tar E le c tric Co.,
which constitu te the en tire elec tric lig h t and street ra ilw a y p rop er
ties o f the city o f Dubuque, Iow a. C apital, $1,000,000; d ivid ed into
$500,000 ($100) com m on and $500,000 ($100) 5 p e r cen t cum. p re
ferred stock; all outstanding. N o bonds or m ortgages. In A p ril,
1901, Messrs L in eh an <fe M olo sold th e ir h a lf in te rest in the com pan y
to the o th er stockholders, the G en era l E le c tric Co. am ong them , w hich
Jan. 31, 1902, ow n ed $240,000 o f the com m on and $240,OOo o f the
p referred stock.
R o a d -—1
O wns and op era tes about 20 m iles o f tra ck on 17 m iles o f
street in Dubuque, W est D ubuque and to S te w a rt P ark , and has co n
tra c t w ith the c ity fo r su p p lyin g e lec tric ligh ts.
OFFICERS-—Presiden t, F. D. Stout; V ice-P res., D. D. M yers; S ecre
ta ry and Treasu rer, J. R. Lin d sa v; Gen. M gr., F. L . Dam e.—V . 68, p.
84, 1180; V. 69, p. 591; V. 71, p. 343, 439; V. 72, p. 776.
&
o r g a n iz a t io n —O rga n ized in 1901; absorbed b y purohase the D e
tro it Y p sila n ti A A im A rb o r R y ., the Y p s ila n tl A Saline E lectrlo Ry.
and the D e tro it A Saline Plan k R oad Co. H as tra ck a ge o v e r the
D e tro it U n ited R a ilw a y
On N o v. 1, 1901, Messrs. H a w k s aDd A n gu s
purchased the ca p ita l stock o f ih e L a n sin g C ity E le c tric R y ., 1 0 ^
m iles. Th is p rop erty, h o w eve r, had n ot been m erged up to June 1,1902.
STOCK & B o n d s —
Date. Interest. O utstanding.
M a tu rity
Stock, com. ($2,600,000)
........................
$2,600,000
..................
N ew 1st M., $2,600,000) 1901 5 g . F -A
1,610,000
Feb. 1, 1926
($500, $1,000), gold..c* > In t. at D e tro it T ru st Co., D e tro it, trustee.
Det. Y p .A A n n A r. 1st M.
600,000
N o v. 1,1917
($60'>,000), g. ($500 or 1897 6 g .M -N
$1,000 e a c h )................. In tere st at U n io n T ru st C o.,D etroit, trustee.
D et. Y p . A A dd A r. Cons, j
l * t M., $1,000,000 go ld ^ 1899 6 g .F -A
330,000
Feb. 1, 1924
($500 A $1,000 eaoh), ( In te re s t at U n ion Tru st Co., D etro it, trustee,
s. f.. a n n u a ly................ ,
Stock and Bonds— O f the n ew 1st m tge. o f $2,600,000, $990,000 are
reserved to re tire u n d erly in g indebtedness. S inking fund a t ra te o f
$5,000 fo r first 10 years, $10,000 fo r n e x t 5 years and $20,000 fo r re
m ain in g 5 years. C om pany guarantees $60^000 Y p s ila n ti A Saline
R y. bonds.
R oad —C om pleted and in o p era tio n from D e tro it (through W ayn e
and Y p sila n ti) to A n n A rb o r and to Jackson; m akin g m ileage 100
m iles. E xten sion s from Jackson to Lan sin g and from Jackson to
C ob*w ater are in progress, rig h t o f w a y h a vin g been secured. A
fu rth er exten sion from La n sin g to G rand Rapids, v ia G rand L e d g e
and Ion ia, is n ow under consideration.
OFFICERS— Pres., Jam es D. H a w k s : V ioe-Pres., S. F. A ngus;
See , F. a . H in chm an; Treas., 8. F. A ngus. Office, Pen in su lar Bank
B ld g., D etro it.—V. 68, p. 282; V . 73, p. 957, 1159, 1207.
DOVER,
STOCK db B o n d s Date
interest.
O utstanding.
M a tu rity
Stock, $1,000,000 ($50 ). .......,
......
$1,000,000
....... .......
OFFICERS—Prcftjdeut. J - F i uik A llen , D o v e r , V ice-P resid en t, B. J.
A bbott, vliifu ru .
: c ary, Tnom&A 1 . M oore. Sm yrna ; Treasu rer, C.
B> L a yto n , D o v e r .~ V . 70, p. 381; V . 72, p. 775, 1080.
D U L U T H , M IN N .
P o p u l a t i o n i n 1900 w a s 52,969; i n 1890 w a s 33,115; a n d i n 1880
w a s 3,483.
D U L U T H —S U P E R I O R
T R A C T I O N . - A t r o lle y
road.'
O r g a n i z a t i o n — In c o rp o ra te d in C on necticut in 1900.
Com prises
th e street ra ilw a y system s o f Duluth, M inn., and Superior, W is., It
h aving, on A u g. 12,1900, ta k en o v e r the D u lu th S treet R y., the L a k e
side S treet R y. and the S u perior R a p id T ran sit. Th e secu rities o f the
constitu ent com panies w e re re tired under plan o f reorga n iza tion in
V. 70, p. 249. Th e co rp o ra te ex isten ce o f the D u lu th S treet R y.,
w hich owns the o th er tw o lines, is m ain tain ed, hut a ll its stock is
held b y the Duluth S u p erior T ra ctio n . T h e Duluth S treet R y. w as
o rga n ized u n d er act o f M innesota a p p roved N o v . 17,1881,and possesses
•‘ an ex clu sive fran ch ise fy w hich runs u n til 1931. Th e fran ch ise o f
the S uperior S treet R y. Co. is perpetu al and exclu sive. T h e DuluthSuperior B rid ge at W est S uperior is used b y the ra ilw a y , but is a sep
arate corporation, and has issued first m o rtg a g e bonds fo r $650,000
and second m o rtg a g e bonds fo r $300.000— see b rid ge item s, V. 63, p.
310, 504. T h e tracks and fran ch ises o f th e W ood la n d C om p an y w ere
purchased b y tbe D u lu th S treet R y. on Oot. 1, 1901, and n o w fo rm
part o f its system .
STOCK & B o n d s —
Date. Interest. Outstand'g. M a tu rity C apital stock,com .,$3,500,000 ........................ $3,500,000 ...................
P re f. 4 p. o. cum $1,500,000....................... .
1,500,000 ...................
Duluth S t.R y.M , $2,500,000 J 1900 5 g M A N 2,100,000 M a y 1, 1930
go ld ($1,000)................... e* \ In t. a t C en tral T ru st Co., N . Y ., Trustee
Bonds—O f the D u lu th S treet R y. m tge. o f 1900, $400,000 is re
served fo r ex ten sion s and betterm en ts. T h e m o rtg a g e co vers a ll the
m ileage o f th e D uluth-Superior T raction , th e p ro p e rty o f th e L a k e
side S treet R a ilw a y and o f the S u perior R a p id T ra n sit h a vin g first
been co n v eyed to the D uluth S treet Ry.
R o a d — T h e system em braces 73 m iles o f tra ck and includes a ll the
Lines m D uluth and Superior.
E a r n i n g s — F o r calen dar y e a r 1901 w ere gross, $453,704; net, $192,422; in terest, $100,000; surplus, $92,422.
O f f ic e r s — Presiden t, C. G. G oodrich; Sec. and Treas., L. M enden
hall; Gen. M an ager, H e r b e rt W arren .—Y . 70, p. 1249; V . 71, p. 341;
V. 72, p. 183, 627.
EAST
LIV E R PO O L ,
OHIO.
P o p u l a t i o n 1900 w a s 16*485; i n 1890 w a s 10,956;
a n d i n 1880 w a s 5,568.
E A S T L I V E R P O O L R A I L W A Y . - A t r o l l e y road.
In Feb., 1901, th e U nited P o w e r Co. w as in corp ora ted w ith $900,000 ca p ita l stock, and to o k o v e r and n ow operates th e E a st L iv e r p o o l
Rv. and the Ceram ic C ity L ig h t Co. T h e U n ited P o w e r Co. also has
$600,000 o f bonds.
R o a d — O perates 9% m iles o f tra ck . A n extension is under con
stru ction to Sm ith’s F e r r y w hich is e x p ected to be in op era tion b y
A p ril 1,1902. Presiden t, L. W. H e a ly ; S ecreta ry and Treasu rer, G. O
A nderson .—V . 72, p. 241, 245.
j
STREET
E A S T ST. LO U IS, ILL.
P o p u l a t i o n 1900 w a s 29,655; in 1890 w a s 15,169,
a n d i n 1880 w a s 9,185,
EAST ST. L O U IS & S U B U R B A N C O - T r o lle y .
(See M a p o n P a g e 36'.j
O r g a n iz a t io n . Incorporated In N e w Jersey In 1902, and owns all
tlio stock and bonds (wrtu the e x c e p t! n of $215,000 as below i of the
E ast Bt. Louis Ky.. the et. i.ouis a Bast St, Louis Electric Ry., tlie
E ast St. Louis & Suburban Ky.. and the St. Louts <x B e lleville L le e irle
B y. The East Bt. Louis & Suburban Ky. operates the B elleville Elec
tric Ry., the Bt. Louis B elleville & Suburban Ry., the Mississippi Val
ley Transit Co. and ih e Collinsville Caseyvilie A East St. Louis Elec
tric Ry.
The fo llo w in g Is a llBt of the stock and bonds owned and which are
deposited w ith the St. Louis-Unlon Trust Co. as collateral fo r the new
East St. Louis & Suburban Co. collateral trust bonds.
Constituent companies—
tiond*.
Stock.
East St. Lou is Ity. C o......... $1,860,000 ou t o f $1,500,000
St. L. & East St. L.K lee. Ry.
426,000 out o f
600.000
K. St. L , & Suburban R y .... 3,000,000 (e n tire Issue)
St, L. & B e lle v ille Elec. Ry. 750,000 do
do
$5,536,000
$1,500,000 entire Issue
500,000 do do
8,0<.0,00u do do
............
$5,000,000
The St. Louis & B e lleville E lectric Ry. stock ($750,000) is held in
the treasury o f the East St. Louts <k Suburban Co.
i he capitalization o f the East St. Louis & Suburban Co. Is as follow s:
Date. Interest. Outstanding.
M aturity.
S t o c k & Bo n d s —
Stock, $5,000,000, $100.. ......................... $5,000,000
......... '
5,285,000
A p ril 1, 1932
Coll, trust M., $8,000,- ^ 1902 5 g. A -0
000 gold ($ 1 ,0 0 0 )...o .) In t at St. Louis-Unton Trust Co., Trustee, or
at E, W. Clark & Co., Philadelphia,
E. Bt. Lou. Elec. St. R R . \ 1893 6 g. F -A
140.000 Aus. 1, 1908
consol, (now ls t ),g . .. ( In t. payable at Miss. Val.Tr. Co., trus,, St.L.
St. L. & E . St. L .E le o .R y . S 1890
6 J-J
75,000
Jan 1, 1905.
1st M. o u r...................... < In t. at office o f m ort.trust.,St.L.-U n .Tr.C o.
Bonds.—O f the $8,000,000 collateral trust bonds $215,000 are re
served to retire the u nderlying liens given above,J and the rem aining
$2,500,000 fo r fu tu re requirements.
R oad —Operates about 100 m iles o f track, including a ll tbe lines In
B e lleville and tw o double-track roads from East St. Louis to B elleville,
one o f them on p riva te righ t o f w ay.
OFFICERS—President, C. M. Clark; V ice-President, E. W. Clark Jr.
Secretary, G L. Estabrook; Treasurer, C. A . Pearson Jr. Office,Camdem, N . J. V. 74, p. 426, 576, 578, 680, 829, 1090, 1195.
E A U CLAIRE,
W IS.
P opulation 1900 was 17,517; in 1890 was 17,415,
and in 1880 was 10,119.
C H IP P E W A V A L L E Y
E LE C T R IC
RY-—
STOCK & B onds —
Date. Interest..
Outstanding.
Last Div.
Stock, $200,000; par $ 1 0 0 ........
6 J-J
$200,000
Jan.15,’ 99, 3
F irst M .t $200,000 g o ld ) 1898 6 g. A -O
200,000
Oct. 1,1918
($l,0 00eaoh )n ot sub.call > In t. at Mass. Trust Co., Boston, Trustee.
R o a d —Owns tro lle y road Eau Claire to CM ppewa Falls, Wis., 12
miles; Eau Claire, 8 m ile s; Chippewa Falls, 2 miles; total, 22 m iles.
Owns 14 miles rig h t of w a y ; exclu sive 30 years franchise at Chip
pew a F a lls and 30-year franchise at Eau Claire. Road opened Sept. 2,
1898.
EARNINGS—F o r year ending Oct. 31, 1901, gross, $52,464; net, $19,938; in 1900, gross, $45,408; net, $14,708.
President, A . E. A ppleyard, Boston, Mass.; Vice-President, J. T.
Joyce, Eau Claire; Supt., H . Q. Law renoe, Eau Claire.
RAILWAYS.
O f the new 1st 5s, $:> 9.000 are reserved to retire at matui ii v the
bonds o f the E lm ira W ater W orks Co,, due 1913, and ilie r< rua u ug
$30,000 are in the treasury tor future improvements. $355,000 out
standing bonds o f the West Side RR. and the E lm ira H e gilts W ater
Co. are guaranteed.
R oad Comprises 27G miles o f track controllin g all the principal
streets in Elm ira and conuccting the suburban towns oi Elm ira
Heights, Southport and Horseheads, also m aking connections with the
Seneca Lake R ailw ay, which pays au annual trackage into Elmira.
Equipm ent consists o f 37 closed cars, 29 open ears and 15 trailers.
Track laid w ith 75 and 90-lb. girder rails. A lso jawns Rorlck Glen
Park.
L a t e s t E a r n in g s F o r ten mouths ending A p ril 30, 1902: Gross,
$366,954; net, $1( 8,005.
R e p o r t —The earnings fo r the calendar year ending Dec. 3 i were as
follow s Fiscal y ear now ends June 30 :
Tear.
Gross.
Net.
1001................................................................. *$426,331
$137,521
19u0.................................................................
392,617
149,070
* The report for 1901 includes the returns o f the W e »t Side RR aud
the Elm ira Heights W ater Co. O w ing to the consolidation a consider
able amount of construction olmrges was included in operation, thus
greatly reduoing ih e net earnings/
OFFICERS—President, R ay Tompkins; V ice-President and General
Manager, W. W. Cole; Secretary and Treasurer, John M. Diven: Asst.
Sec., F S. Butterworth, 40 W all St., N. Y .; Auditor, II. M. Beardsley.
—V. 72, p 627, 821, 935, 988.
ERIE, P A .
P opulation 1900 was 52,733; in 1890 was 40,634;
and in 1880 was 27,737.
E R IE E L E C T R IC MOTOR Co O r g a n iz a t io n - - Chartered October 8, 1888. A cqu ired the ow ner
ship and control of tbe E rie C ity Passenger R ailw ay and the Erie Reed
Park & Lakeside S treet R a ilw a y through the purchase o f the en tire
capital etook o f both companies.
STOCK & B o n d s —
Date. Interest. Outst’ding. M a tu rity .
................
Stock ($1,250,000) ($100)................................. $1,250,000
1st M., ($200,000) ($1,000),) 1889 6g. J - J
200,000 Jan. 1, 1919
go ld ..................................c. ( Int. at Cent. Trust Co., trust., N .Y . City.
2d M „ ($150,000) ($1,000),) 1889 6g. J - J
$150,000 Jan. 1, 1919
g o l d ............................... o. J Int. at Cent. Trust Co., trust., N. Y .C ity.
1st ref. sink, fund ($1,250,-) 1901 5g. A
O 150,000 A p rlll,1 9 4 1
000) gold ($1,000). C a n n o t) Int. at N. Y Security <te T ru st Co., trusbe c a lled .........................c * ) tee, N. Y . C ity.
Bonds—O f tbe $350,000 p rior lieD bonds $100,000 h ave been
exchanged and deposited w ith the trustee as additional collateral
under the refunding m ortgage, thus lea vin g $250,000 p rio r lien bonds
in the hands o f the putdlo. To retire these a like amount o f refund
ing m ortgage bonds is reserved.
For extensions and betterments
$250,000 o f the new bonds are reserved, and can be issued only under
guarded restrictions. The company has deposited w ith the trustee
the entire capital stock o f the E rie City Passenger Ry. and the Erie
Reed Park & Lakeside St. Ry. Co. A sinking fund o f 1 per cent annu
a lly begins A p ril 1,1906, and w ill be increased to I^ b per cent in 1916.
R o a d — Operates all tbe street ra ilw a ys In Erie, and has 29'79 miles
o f track, m ostly 90-lb. girder rails. Has 34 closed and 42 open m otor
cars and 10 tra il ears. Franchises are perpetual, ex cep t fo r 6 m iles,
which is fo r 999 years.
A n n u al R e p o r t — For year ending Dec. 3 1 ,1 9 0 1 , gross, $ 2 0 2 ,6 3 1 ;
net, $ 100,760 ; lsOO, gross earnings, $ 180,307 ; other Income, $ v, 209;
total, $ 1 8 3 ,5 1 6 ; operating expenses and taxes, $ 110,856 ; t et income,
$72,660.
E L G IN , ILL.
POPULATION 1900 w a s 22,433; in 1890 w a s 17,823,
and in 1880 was 8,787.
E L G IN A U R O R A & SOUTH ERN
TION.—Population served, 75,000.
TRAC
O r g a n iz a t io n .—Incorporated in Illinois. Consolidation in M ay,
1901, o f several lines running north and south through the F o x R iv e r
V a lley, nam ely the Elgin C ity Carpentersville & A u rora R a ilw a y, the
A u rora & G en eva Ry., the A u rora Street R y., the E lgin C ity Ry.. the
A u rora Y o rk v ille & M orris By. and the G eneva B a ta via & Southern
R a ilw a y. The p roject was financed b y a syndicate beaded b y M. J.
Mandelbaum & Co., w ho are also prom otin g the A u ro ra E lg in &
Chicago, by means o f which la tte r an outlet to Chicago is obtained.
Date. Interest. Outstand’g.
D iv., etc.
S t o c k & B onds —
StOOk,$2,000,000 ($100)..
.................
$ 2 ,000,000
........
1,700,000 June 1,1916
1st m ortgage $2,000,000, S 1901 5 g. J-D
$1,000, gold, s. f ........o *I In t. at Am. Trust and Sav. Bank. Chicago,
trustee, and F irst a at. Bk , N. Y . City
200,000 A u g. 1, 1907
E lg in C ity R y. 1st m ort... j 1890 5 F - A
In terest at Farm ers’ L. & T. Co., N .Y . Citv.
C. E. & A. 1st M., $150,000 1896 5
100,000 Jan. 1, 1907
Bonds.—O f the $2,000,000 authorized consols, $300,000 are reserved
to retire the above divisional liens. A s in k in g j u n d 'o t $17,000 per
annum fo r the first five years and $25,000 annually th erea fter is
provided.
R o a d —Operates 69 miles o f track, connecting the cities and tow ns
o f C arpentersville. Dundee, E lgin , South E lgin, St, Charles Geneva,
B atavia, A u rora, M ontgom ery, Oswego, Y o rk v ille and Bristol.
EARNINGS—F o r 12 months ending M ay 31 of combined properties:
Gross.
Oper. exp.
Net.
Charges Surplus
1902..................... $379,251 $216,01? $163,234 $100,000 $83,234
1901..-................... 330,577
208,823
121,754 100,000
21,754
OFFICERS—President, L. J. W olf; Sec’ y and Treasurer, H . 0. Lang.
—V. 72, p. 626, 675, 721; V. 73. p. 783, 1010.
E L M I R A , N. Y.
P opulation 1900 was 35.672; in 1890 was 29,708;
and in 1880 was 20,541.
E LM IR A W ATER,
COMPANY.
L IG H T
& R A IL R O A D
O r g a n iza tio n —This com pany was incorporated on M ay 28, 1900,
fo r the purpose o f consolidating a ll the water, lighting, p o w er and
street ra ilw a y properties in Elm ira, com prised o f the fo llow in g: The
E lm ira M unicipal Im provem en t Go.; the Elm ira & Horseheads Ry.; the
M aple A ve. Ry.; the W est W ater St. RR.; the W est Side R a ilw a y Co ;
the E lm ira Gas & Illu m inating Co., the E lm ira Illu m in atin g Co,,
the E lm ira W a ter W orks Co., and the E lm ira H eights W ater Co,
Date.
Interest.
Am ount.
M a tu rity .
S t o c k & B onds —
Stock.........................................
.............
$ 1,000,000 ......................
E lm ira W at. W orks 1st M .........
6
339,000
1913
W est Side R R ., g „ 1st M.. 1894 5 g. A.& O .
355,< 00 Oct. 1, 1914
g . J.-J.
1,631,000 Jan. 1, 1949
N e w 1st M., $2,000,000 5 1900 U.58.
M ort. & Trust, N. Y ., trustee.
gold $l,000*e. .$ 5 0 0 )
Subject to call a t 105 and in te rest
1,200,000 Jan. 1,1949
2d M. income, $1,200,- 5 1P00 4 g. Mar.
000, g., $500 & $1,000) G uaranty Trust Co. o f N e w Y o rk , trustee.
Subject to call a t 100.
OFFICERS—President, J. S. Casement, Painesville, O; Secretary and
Treas., J. L. Sternberg, E rie. Office, 202 State St., E rie.—V. 72,'p. 775.
E R I E R A P I D T R A N S IT ST- R Y - -A tro lle y road.
ORGANIZATION.—Incorporated in Pen n sylvan ia on June 21, 1898.
STOCK & B o n d s . —
Date.
Interest. Outstanding
M a tu rity .
Stock, $500,000. $50........................... ..
$500,000
...................
1st m tge., $350,000,) 1901 5g. J.-J.
350,000
Jnly 1,1 931
go ld ($1,000)
___5 In t. at C olonial Trust Co., Pbila., trustee.
Bonds --N o sinking fund and are n ot subject to call.
R oad --- Owns lf> miles of track from city of E rie to tow n o f North
East, w hich w as put in operation on Dec. 1,1901. Extension of 17
m iles to W estfield, N. Y ., is proposed.
O f f ic e r s .—P resident. Thos. B. H all; Vlce-Pres.; W. E. H ayes; Sec.
and Treas., T. H. Paist; Supt., A. C. H arrington.
E S C A N A B A , MICH.
P opulation in 1900 was 9,549; in 1890 was 6,808 ;
and in 1880 was 3,860.
ESCANABA
E LE C T R IC
R Y .—
O r g a n iz a t io n , E t c .—A reorganization In 1898 of the Eso. Eleo. St.
Ry. Owns 7*2 miles of track. In 1*99 extended to a connection w ith
the ‘ Soo” road. Stock, $50,000; all paid in. No bonds. Pres, and Man.,
A. R. M oore; Vice-Pres., O. B. F u ller; See., I. C. Jennings; Treas., J. K .
Stack.
E V A N S V I L L E , IND.
P opulation 1900 w as 59,007; in 1890 was 50,756;
and in 1880 was 29,280.
E V A N S V IL L E E LE C T R IC
R Y - - A tr o lle y road.
reorganization in 1901 o f the E va n sville Street
RR., which was sold under foreclosu re on A p ril 16,1901. On March
22, 1901, was granted a 50-year franchise by tbe city o f E van sville,
also permission to change certain trackage form erly owned and oper
ated b y the E va n sville Street R R ., and to build considerable new
m ileage; these changes are now under construction. Owns all the
street ra ilw a y m ile a g e In E van sville.
STOCK & B o n d s Dale. Interest. Outstand’g. M a tu rity.
.otoOk ($600,000) ($100)............................
$600,000 ....................
1st m ortgage, $1,200,000.) 1901 4g. M -N 1,200,000 M ay 1, 1921
gold ($1,000)................. e* SIn t. at M erchants’ Tr. Co., N. Y., trustee.
Bond# —O f the n ew m ortgage bonds. $1,000,000 w ere paid o ver to
the old E va n sville St. R R . m ortgage holders, bond fo r bond, and the
rem aining $200,000 used in extensions and im provem ents.
R o a d — Owns 27La m iles o f tro lle y track. R ails 70 and 75 lbs. W estinghonse system.
O f f ic e r s — Prest,, Jas. V. Parker; V ice-Prest. and Gen. Mgr., H. D.
Moran; Treas , C. J. M orris; Seo., A le x Gilchrist, a ll o f E van sville, Ind.
—V. 72, p. 776, 872.
O
r g a n i z a t i o n —A
EVERETT,
WASH.
P o p u l a t io n 1900 w a s 7,838; in 1902 ( bst .), 16,000.
E V E R E T T R Y - & E L E C T R I C . - A tro lle y road.
O r g a n i z a t i o n —Incorporated in W ashington on Jan. 23, 1893.
A lsoow n s electric-light p i ant. C ontrolledby E verett Im provem en t Co.
Columbia
Bottoms
Cross Keysq,
CHOU'TEA
Florissant
Black Jack
CC
-W A R D S V I L L E
Spanish Lake
■ EDW-A-RDS\U-t
SUBURBAN COMPANY
Bissell </*
Graham
erguson
.<'reek
K in lock
Woodstock
Carso nvi lie
Normandy
Horsr sir
oc5
‘ M RV-S-
IT lV c IT.Y / '
Huntley
■idgeton
Elmwood Park
MAD.
Cook Ave,
CO LLI NSVI LI
>
Fanita
Clayton
k v/e n i c e .
>
or
PE-R-Vfl U F
Kings
%
ASEYV IL L '
-i-Gmdtc!
m P
LEBANON
Ityjtx ratio
Brenl wood;
Webster/
Selma
Shady Side
Glendale
P illsl urg | "
Cahokia
'{ihplcia Lak
,Afton
Bobring
'T Z
\ E . St. L.
E. CarondeletX&C. Cross.
Vulcaul
.Tillman
Falling Spring
SH JLO H NV
Indis
18
W )^ C £ N .T R A L
STREET
M a tu rity .
D ate. Interest. Ou Island* g.
S t o c k & Bo n d s —
$ 200,000
Stock, $200,000, $100
«1 Oftft Oftrt ( 1901 5 * • A -O
500,000 A p r. 1, 1921
1st mnrtLrn.™
w iffm
$1,000,000 ) [lit Ht M anhattan Tr. Co., N. V , trustee,
N o b . L a u d n o t subject to oalL
gold ($ i,o o o ) .............. — (
R o a d —O perates abou t 10 w ile s o f track, all in E ve rett.
OFFICERS—P iesl len t and Treasu rer, .T. T. M cChesney; S ecretary.
Edw ard C M ony; Supt., R. P. Steven s.—V. 73, p. 1111.
E X E T E R , N. H.
P o p u l a t io n 1900 w >8 4,922; in 1890 w a s 4,284;
a n d in 1880 w a s 3,569.
NEW
H A M P S H IR E T R A C T IO N C O -
O r o a n iz a t io n — Incorporated in N e w H am pshire in 1901 with
perpetu al charter, and ow ns and controls the .fo llo w in g com panies.
W e g iv e in each case the am ount o f stock and bonds held by the N ew
H am pshire Tractio n Co.
Stock
Bonds
owned.
owned.
$100,000
A iu esbu ry & H am pton S treet R y
$50,000
....
50,000
Seabrook & H am pton Beach S treet R y .................
45,000
.
.
.
.
30.000
H a v e ih ill <fc Pla istow S treet R v. ..
...............
30,000
35,000
H a v e rh ill P la isto w & N ew to n S treet R y .............
. . . . 150,000
145,000
. . . . 1*0,000
1*0,000
Portsm outh <fc E x e te r S treet R y ...... .....................
145,000
. . . . 300,000
D o v e r Som ers w orth & Rochester S treet R y ........
200.000
..... 275,000
275.000
E x e te r H am pton & Anm sbury Street R y ...........
Hudson Pelham A Salem S treet R y ......................
. . . . 375,000
365,000
H a v e rh ill & Southeru N e w H am pshire S treet Ry. * ...........
L a w ren ce & Methuen S treet R y ................... ......
*...........
L o w e ll & Pelham S treet R y ...........
............... * ...........
000,000
R ockingham County L igh t & P o w er C o ............. 750,000
G ran ite State L a n d Co .......................................... 250,000
250,000
* These companies being Massachusetts corporations, they cannot issue se
curities until roads are completed, but entire stock and bonds will be owned
by the Traction Co. when issued.
Th e amounts giv^n in table above are in each case the en tire issue,
e x c e p t that $50,000 Aiue6burvr & H am pton bonds a rc outstan ding in
hands o f t in pu blic and also $100,000 D o ver S*>mersworth & Roches
te r bonds and $225,000 bonds (en tire issue) o f the E x e te r H am pton &
Am esbu ry S treet R y. Franchises o f a ll the constituent com panies are
perpetual.
STOCK & B o n d s —
Date.
Interest.
O utst'ding.
M a tu rity .
8 t o c k $ l,000.000 ($100).
........................... $1,000,000
...........
1st lien, sink’ g fund, gold, > 1902 44*g. J.-J. 6,625,000 J u ly 1, 1942
$7,500,000 ($ l,0 0 0 )...c * $ In t. at N .Y . Bee. & Trust Co., N .Y .,tru stee.
B ond s.—+375,000 are reserved to re tire the outstan ding p rio r liens;
$500,000 are held fo r fu tu re extensions and im p rovem en ts at 75% o f
cost, and o n ly w hen n et earn in gs fo r previous yea r are 1*$ tim es in
terest charges. A s in k in g fu n d o f $40,000 per annum com m ences
M a y 1, 1910, bnt bonds cannot be called. Bonds i f purchased are to
be kept a liv e and in terest accrue* to ben efit o f sin kin g fund.
Th e bonds constitute a first lien on all the p rop erties and franchises
o f the constituent companies, subject only to $375,000 u n d erlyin g
liens. A lth o u gh not p led ged under the indenture, the stocks o f that
p a rt o f the p rop erty w hich is loca ted in Massachusetts are ow n ed by the
N e w H am pshire T ractio n Co. and are deposited w ith the N e w Y o rk
S ecu rity & Trust Co.
UNDERLYING LIENS.
E x e te r H am pton & A m e s b u ry )
1st m ortgage, $225,000. g. I 1899 5g J-D $225,000 June 1.1919
($1,0 JO), sink, fund $3,000 ) In terest at A m erica n L o an & Tru st
p er ann. begins 1901 bonds. I Co , B oston. Trustee.
cannot be ca lled .......... .. c* J
D o v e r S >mers & R o ch ester)
1st mart., gold. $3 >0,000 '
J u ly 1. 1921
See te x t
($1,000), c “ s. f. $5,000, p. a., .• 1 9 n 5g, J-J
begins 1904; bds. canuot be j In terest at A m erican L oan & T ru st
f called. Guar, p & i. by E x. , Co , Boston, Trustee.
r H am p & Am esbury.
J
Ames. & H am p. 1st M ..’ go ld )
$50,000 Oct. 1, 1919
og.
s. f , ($1,000, p. a. begins ’04 )
.Bond*—O f the $300,000 o f th e D o ver Somers w orth A Rochester
bonds, a ll issued, $200,000 are ow n ed by the N e w H am pshire T ra c tio n
Com pany.
R o a d —Com panies con trolled com prise about H 5 m iles o f tra ck and
severa l pleasu re resorts. A ls o does elec tric ligh tin g and gas bu si
ness. Population served, 300,000.
O f f ic e r s - P resident, Chas. S. F a irch ild , N e w Y o r k ; S ecretary, F.
P . R o y ce Treasu rer, H e n ry A . Ten u ey, N e w Y o r k ; C lerk, S. W.
E m o ry ; M an ager, H o w a rd A b e l.
87
RAILWAYS.
D iv id e n d s —lu y e a r 1894-95, 8 p. o.; in 1895-96. 8 p. e.; in 1896-97,
3 p. c.; In 1897-96, 8 p. c.; in 1698-99, 8 p. c.; 1899-1900, 8 p. 0.; 19001901, 8 p. c
R o a d —^Owns 28*69 m iles o f track, In clu din g 1*67 m iles o f* dings.
E a r n in g s —F o r years en din g Sept. 30:
1900
1901.
1901.
1900.
G ro s s ................ $179,595 $167,452 D ividends p a id ..$28,000 $20,000
8,224
N e t ...................
55 172
54,240 Bal., sur. fo r y e a r 2,491
I n t , ta x e s ,e tc ..
24,631
2t>,oi6
O f f ic e r s —President, H. A . W illis ; V ice-President, H. I. W alla ce;
Clerk and Counsel, C. F. B a k e r; T reasu rer, R. N. W a llis ; Supt. and
Purch. A g t., W. W. Sargent, all o f F itch b u rg.—V .70, p. 1249; V. 72, p. 87.
F O N D DU LA C , W IS.
P o p u l a t i o n 1900 w a r 15,110; in 1890 w a s 12,024,
AND i n 1880 w a s 13.094.
F O N D D U L A C S T R E E T RY. & L I G H T . - T r o lle y .
O r g a n iz a t io n —Controls lin es In c ity and cou nty o f Fond du Lao;
Uso o p era tes an e lec tric-lig h tin g and gas plant. H as a co o lred the
property and franchises o f the Gas L ig h t C om pany o f Fond du Lac.
S t o c k (Sc B o n d s — Bate.
In tere st.
Outstavd*g. M a tu rity .
Stock. $150,000 ...............
........
$138,300 .....................
1st m tge. $250,000,)
1899
5g J.-J.
250,000 Ju ly 1, 1924
$500, g o ld ........c* S In t. at Colo S avin gs Bank, F on d du Lao, Wls.
Bonds - S in k in g Fund. - $5,000 Is p a ya b le y e a rly b eg in n in g Aug. 1 ,
1910. W isconsin T ru st Co., M ilw au kee, Is trustee.
R o a d —L en gth o f road 6*4 m iles.
E a r n in g s —F o r y e a r en din g D ec. 31,1901: Gross, from ra ilw a y . $34,621; from lig h tin g , etc., $36,178; tota l, $70,799; to ta l op era tin g e x
penses, $50,881; in terest, $11,771; balance, surplus, $8,147.
OFFICERS— P resid en t and Gen. M an., T. F. G ro ver; S ecreta ry and
Treasu rer, Wm. E. Cole.
F O R T SCOTT, K A N .
P o p u l a t i o n i n 1900 10,322: i n 1890,11,946,
a n d i n 1880, 5,372.
F O R T SCOTT C O N S O L I D A T E D S U P P L Y CO.
O r g a n iz a t io n —This com pany is a consolidation o f the C itizen s’
S treet R y., the F o rt S cott Steam H ea tiD g Co. and th e F o rt Scott E lec
trio L ig h t & P o w e r Co. B egan o p era tion s Jan. 2,. 1901. B a s also aoqu ired the F o r t S cott L ig h t & F u el Co.
STOCK <Sc B o n d s —
Date.
Interest.
\OvisVd'g.
M a tu rity .
Stock, $250,000.......... .............................
$250,000
..................
Con. 1st M., $200,000 ) 1901
5g. J.-J. 200,000
Jan. 1, 1931
$500, gold, c *........... S In te re s t at M o rto n T ru s t Co., N . Y ., Trustee.
B o n d s —T h e w h ole issue o f bonds can be ca lled at par on Jan. 1,
1907. S in kin g fu nd becom es o p e ra tiv e Jan. 1.1907. T h e m o rtg a g e
c o vers ra ilw a y , e le c tric ligh t, 6team h eat and gas properties.
R o a d - O w ns and op era tes 9 m iles o f track.
OFFICERS—P resid en t, G ra n t H o rn ad ay: V ice-P res., fC. F. M ai tin ;
S ecreta ry, F. A . H o rn a d a y ; T reasu rer, F. D. M a rtin .—V . 72, p. 87,872.
F O R T SM ITH , A R K .
P o p u l a t i o n 1900 w a s 11,587; i n 1890 w a s 11,311;
AND IN 1880 w a s 3,099.
FT. S M I T H T R A C T I O N , L I G H T & P O W E R O r g a n iz a t io n —In co rp o ra ted in N ovem b er, 1898, to ta k e o v e r the
F o rt Smith S treet R y. (8*44 m iles o f track on 7*s m iles o f street) and
tra n sform it in to an e lec tric system to be operated in conjunction
w ith an e le c tric lig h t plan t. U p to Ju ly, 1901, 6 m iles had been
converted.
S t o c k (Sc B o n d s —
Date.
Bate. O utstanding. M a tu rity .
Stock, $200,000 ($ 1 0 0 )...................................... $195,500
...............
Bonds ($200,000) ($1,000), J 1898
6g.J-J
155,500 Nov.28,1929
g o ld ................................ c* ( In t. at Miss. V a l. T r. Co , St. L ., trustee.
B o n d s — W h ole issue can be called fo r pa ym en t in 1919, at par, upon
30 da ys’ notice.
EARNINGS—Y e a r en din g J u ly 1, 1900, gross, $29,724; net, $16,374.
OFFICERS—Presiden t, Sam uel M oLou d; V ice-P resid en t, Chas. H .
Smith; Treasu rer, J. E. Foster; S ecreta ry, A. N . Sicard.
F O R T W A Y N E , IND.
P o p u l a t i o n 1900 w a s 45,115; i n 1890 w a s 35,393;
a n d IN 1880 w a s 26,880.
FT. W A Y N E T R A C T I O N -
F I S H K I L L - O N - T H E - H U D S O N , N. Y .
P o p u l a t io n 1900 w a s 3,673; in 1890 w a s 3,617,
a n d i n 1880 w a s 2,503.
C IT IZE N S ’ R A IL R O A D , L IG H T & P O W E R --
A tro lle y roan.
O r g a n iz a t io n —O n Feb. 1, 1902, the C itizen s’ St. R y. and the C a rro ll
E leo trio Co. w ere consolidated under the a b o ve title.
Stock,$175,000,par $100.$175,000 I E a r n in g s —u f #the C itizen s’ St.
Citz. R R ., L ig h t & P o w er
|R y. fo r y e a r en d in g June 30:
1st m tge. 5s. $100,000 . 65,000 1
1901.
1900
Cit, St. Ry. IstM . 6s, A A O . 75,000 | G r o s s ...............$36,772
$36,097
(D u e 1912, o p tion a l a fte r 1897.) [ N e t ................... 13,507
12,703
Leased L in e —
|C h arges...........
9,854
9,570
Fishkill Elec. 1st M., 6s, >
non I D ivid e n d s ....(2 ^ )1 ,8 7 5 (2*2)1,875
o f 1895, due 1915, J A J \ ^ u’uuu |B a la n c e ..........
1,778
1,258
Fish kill stock ($50,0001 to re- i
oeive same div. as Citizens’ St. R y. I
Bonds — O f the $100,000 n ew m tge. o f the C itizen s’ R R ., L ig h t &
P o w e r $6*,000 w as used to p a y fo r th e C a r r o ll E le c tr ic Co.; the balance
is reserved fo r increase o f p o w e r plant.
R o a d —Ow ns 3 m iles o f s in g le and *25 m iles o f second track. Leases
F ish k ill E lec tric R y ., 4 m iles; to ta l, 7*4 m iles.
O ircIGERS—Pres., J. T. Sm ith, Fishklll-on-H udson; Sec., S. K . Ph illips,
M atteaw an ; Treas., W. H . Southard. M atteaw an .
F IT C H B U R G , MASS.
P o p u l a t i o n 1900 w a s 31,531; i n 1890 w a s 22,037;
AND LN 1880 WAS 12,429.
F IT C H B U R G & L E O M IN S T E R ST R E E T RY.
ORGANIZATION—R oad exten d s to L eo m in ster and Lunenburg.
STOCK, B o n d s E t c .—
Date.
Bate. O utstand’g .
M a tu rity .
Stk. (ail., $500,000; par, $100) ........
8 p. c. $350,000
See tex t.
1st mort. ($500) C., $150,000. I -1QQ7
k A-O
1 50 OOO A-nr 1 1Q17
In t. at 1st N at. Bank, Boat. $
o A O 150,000 A p r. 1, 1917
Consolidated M ., $350,000/ 1901
F -A 150,000 Feb. 1, 1921
($ 1 ,0 0 0 )............................... J In t. at Bost. Safe D ep. & Tr.C o.,Tru stee.
Bo?uls -O t the n ew consol, m tge., $150,000 are re serv ed to re tire
the 1st m tge. at m a tu rity and $50,000 are re ta in ed fo r fu tu re im
provem ents, etc.
ORGANIZATION—O rgan ized in O ctober, 1899, as successor b y p u r
chase o f the Ft. W a y n e Consolidated, w hich included the old F o rt
W ayne E lec tric R y ., the C itizen s' S treet R y .; the F o rt W a y n e S treet
R y. and the C. L. C e n tliv re S treet R y. F ranch ise said to be perpetu al.
E m braces a ll lin es in F o r t W ayne.
STOCK & B o n d s —
Date.
In t .
Outstand*g.
M a tu rity .
Stock ($1,000,000) com. ($100) . . .................. $1,000,000 .....................
“
$1,000,000 p ref. ($100) .....................
1,000,000 .....................
M o rtga g e ($ 1 ,5 0 0 ,0 .0 ).... J
1899 4 g .A -0
1,250,000
1929.
G old ($1,000) o*............... \ In t. at Guard. Tru st Co., C levela n d , T r u i
R o a d —O perates 31 m iles o f t r o lle y track.
Presiden t, H. P. Eells: V ice-P resid en t, E. H. Bourne: Sec. and TTeas.,
H . P. M cIntosh; a ll o f C levela n d , Ohio; M an gr , A. L. 8cott, Ft. W ayne.
— V. 61, p. 966, 1107; V. 63, p. 458; V. 67, p. 125; V. 69, p. 180, b95,
955, 1061.
FORT W O R T H , TEX.
P o p u l a t i o n 1900 26,688; i n 1890 w a s 23,076;
AND i n 1880 w a s 6,663.
N O R T H E R N T E X A S T R A C T I O N CO
ley road.
-A
trol
O r g a n iz a t io n —Th is w as fo rm e rly tbe F o rt W o itli S treet Ry. Co.,
chartered by the T ex a s L eg isla tu re in 1876, fo r 99 years. In lt-01 ap
p lica tio n fo r am endm ent.to ch a rter w as granted, ch an gin g its nam e to
the N orth ern T ex a s Trac." Co. T h e T ra c tio n Co. then purchased the
C ity R y., and in 1901 obtain ed le g is la tiv e perm ission to ex ten d its
roa d from F o rt W orth to D allas, a distance o f 33 miles. In 1902
pu rchased the D a lla s & O ak C liff E le c tric B y. and redeem ed the com
p a n y’s bonds.
STOCK & B o n d s —
Date.
In terest.
O u ts ta n d in g ' M a tu rity .
Stock, $2,500,000 ($ 1 0 0 )............
........
$2,000,000
,.^ ..
1st m ortgage, $2,500,000 > 1902
5g. J.-J.
(n otissu ed )
........
($1,000) g., c*................ 5 T ru stee not selected.
T h e n ew bonds w ill be issued du rin g 1902; $500,000 w ill be held in
the treasu ry fo r fu tu re extension s. A ll u nderlying bonds w ill be can
celed.
R o a d a n d E q u ip m e n t .—Own9 3 2 m iles in F o rt W orth and a lin e o f
33 m iles from F o rt W orth to D allas, w h ich w as put in operation in
June. 1902. T o ta l track, 65 m iles
AIL tracks in Ft. W orth are being
re-laid w ith 56, 60, 65 and 70-lb. rails. F o r in teru rban use, 70-lb.
ra il, standard guage.
STREET RAILWAYS.
8’
O ?-I
tj —P r « ideat, Geut-gr, L Bishop. Omvvlaad; l * i Vice-Frost.,
John Sheiwia. Cleveland; 2d Vlee-Prest. A Hea M gr, F. M. Haines,
i - . t W..nil, -itiu iun treas , George 1 M e K u . C L v«laiid; A M t 8(fi>
and Treas., C. A. Taylor, Ft. Worth.:-V . 73, p. 32; V. 74, p. 95, 528,
G L E N WOOD A PO LY T E C H N IC C O L L E G E
STREET R A IL W A Y
Ou Mint'll 1, 1902. this propiu-t} wa.i pm-. han.-d at re ceiver^ gale by
Frank 11. <Jluii. o f Cleveland, u., tor $.55,0 0. A general reorga tzatlo it la e x p ecte d .
R e o r g a n iz a t io n , E t c .—T he com pany bad a, 5-year lease, of the Fort
W orth a Arlington H eights Street Ry.. and iau>r u us reported to have
purchased the same. Stock. #200,000; bonds, #150,0OO.
R oad — O wtu road 6 miles lomr, leased line, 6% miles; total, 12*2miles.
—V. 73, p. 1160; V. 74, p. 151, 577.
F R A M IN G H A M , MASS.
P o p u l a t io n 1900 w a s 11,302; in 1890 w a s 9,239;
AND in 1880 WAS 6,235.
F R A M IN G H A M
U N IO N
STREET
RY-
O r g an iz a tio n —In corporated in 1887. Control o f this road, together
with the Marlborough Street Ry. and the Fram ingham southboro A
M arlboro Street R y .'h a s been purchased b y a syndicate headed b y
Jae. F. Shaw A Co., Boston; fo r particulars see M arlborough S treet Ry.
STOCK & B o n d s —
Date. Interest. Chitstanding. M a tu rity .
8 to ok (par #100.) $60,000.............................
#30,000
1901, 5 p. c.
l e t m ortgage, currency. A 1889
5 J-J
47,000
July 1, 1909
N ot subject to call.'
I In terest at In tern ation al TrustC o., Boston.
L ’ ns,eto.pay.(n et)S ep.30,190l............ ........
58,710
....................
D ivid e n d s —in 1901, 5 per cent.
ROAD—Operates main track 6'36 m ile s ; sidings 0'48 o f a mile.
E a rn in g s .—For years endlngSept. 30 earnings have been a sfo llo w s:
Y r. to Sept. 30— 1901.
1900. I
1901.
1900.
Gross earu iu gs..#36,596 $35,794 | Int. taxes, e to ...... #6,833 $7,197
N e t .................... 14,510
14,784 , Bal., su iplu s......... 7,677 7,587
I D ividends___ (5%) 1,500
........
OFFICERS— President, James F. 8haw, Boston; Secretary and Treas
urer, Geo. A . Butman, 8 Congress Street, Boston; Supt., A. C. Ralph,
South Framingham .— V. 68, p. 1181; V. 69, p. 955.
FRANKFORT, KY.
P o p u l a t io n 1900 w a s 9,487: in 1890 w a s 7,892;
a n d in 1880 w a s 6,958.
F R A N K F O R T & I S U B U R B A N R Y .-A tro lley road.
O r g a n iz a t io n —In corporated June 16,1897. Successor to C apital
Ry. sold In foreclosure fo r #10,000. Owns 7 M miles o f traok, which
has been equipped w ith m odern im provem ents since purchase by new
company. Stook, #10,000; bonds authorized, #40,000; Issued $30,000,
OFFICERS—President, Charles R. Crain, Springfield, 0.; Secy., Treas.
and Gen. Man., John T. Buckley, Frankfort, K y .—V. 64, p. 422, 1180.
R oad —Owns 3b, mih-s of single and one-fifth miles o f second Track.
C ivi OENQ Of 10 per Cnut in Mock ■*i t declared in July, 1001, sui-p-O*
earnings having been applied to reconstruction.
OFFICER^ —President, Frank May, Dunkirk. N. Y.; secretary 1 reaeurer ana a onager, M ilton M. Fenner, Fredonia.
G A IN E SV ILLE ,
Population 1900 was 4,382;
GA.
1890 was 3,202;
AND IN 1880 Wa s 1,919.
GAINESVILLE
T R IC R Y . - A .t r o lle y
&
in
DAHLONEGA
ELEC
road.
O r g a n iz a t io n .—Incorporated in June, 19J)1, T o b e 'o p e r tte d with
electricity from a w ater pow er plant on the Chattahoochee R iver
near Gainesville.
STOCK & B o n d s —
Dale.
Interest.
Outstand’g.
M aturity.
..
$100,000
....................
Stock $500,000, #100..........
1st mort., #750,000) 1901
5 g. M-S
None
Sent. 1, 1941
(#1,000). g o ld ___o ’ \ In t. at Knickerbocker Trust Oo,, N. Y., Trustee.
Bonds —No sinking fund and bonds cannot be called.
R o a d .—Is to ran betw een G ainesville and Dahlonega, a distance of
27 miles, with a brauoh o f 7 miles in G a in esville and to cotton mills,
a to ta l o f 34 miles Is now under construction and Is expo, ted to be
com pleted ea rly in 1903.
OFFICERS-—President, W , TV. Murray; Vloe-Pres., W. A. Chartres;
See, and Treas., J. F. Moore, Dahlonega.—V. 73, p, 615.
GALESBURG,
ILL.
P opulation 1900 was 18,607; in 1890 was 15,264;
and in 1880 was 11,437.
GALESBURG
ELECTRIC
P O W E R —A trolley road.
M OTOR
&
O r g a n iz a t io n —Charter extended Deo. 29, 1899, fo r 20 years, is a
consolidation o f the College City Street Ry. and the Galesburg Street
Car companies.
STOCK & B onds —
Date. Interest. Outstand’g.
M aturity.
Stook ($210,000), par $100............................. $210,000
................. ~
1st M. ($125,000).................
1892
M-S
110,000
1902
Sublect to call at 105 a fter Sept. 1. 1897. Trustee, Nor. Trust Co., Chle.
The company pays fo r im provem ents out of earniugs. In 1899
retired $10,000 o f the 1st m ortgage bonds and $5,010 since.
R o a d —Owns 16 miles o f track laid w ith 60-lb. T rails, in Galesburg;
111., extending also to East Galesburg and K n o x ville; also three e x
tensions aggregatin g 4 miles built and put in operation in 1900. Total
20 miles. Operates 30 cars.
OFFICERS—President and General Manager, Fred. Seacord; VioaPresldent, R. Chappell; Secretary and Treasurer, Loren Stevens.
G A L I O N , OHIO.
F R A N K L IN , PA.
P o p u l a t io n lsOO w a s 7.282; in 1890 w a s 6,326;
AND IN 1880 WAS 5,635.
P o p u l a t io n in 1900 w a s 7,317; in 1890 w a s 6,221;
a n d in 1880 w a s 5,010.
P o p u la tion Served is kslxmated at 30.000.
O H IO C E N T R A L T R A C T I O N CO.-A trolley road
O r g a n iz a t io n —In corporated in 1898 under laws o f Ohio. In 1902
was acquired by the Pom eroy-M andelbaum Syndicate o f Cleveland.
V E N A N G O P O W E R & T R A C T IO N C O CRGANIZATION. Incorporated in N e w Jersey and Is a consolidation
o f all the electric railw ays in Venango County, Pa., viz., the Citizens’
Traction Co., Oil City Street Ry. Co.. Oil C ity RouseviJie a Franklin
Ry.,lCitizcns’ Ligh t & P ow er f'o „ Franklin 'Electrio Ry. and Station
Ry. C o. Furnishes lights to the tow ns along its line.
STOCK & B o n d s —
Date. Interest. Outstand’g.
M aturity.
Stock,L$1,000,000 ($100).............................. $1,000,000 ....................
1st m ortgage, $1,000,000, > 1901 5 g. J.-J.
1,000,000 July 1.1931
gold ($1,000)..............o * ) Int. at C olonial Trust t o., N. Y., Trustee.
Bonds.—A ll bonds o f constituent companies are pledged as security
fo r new m ortgage. Bonds are subject to call on any iuterest date
prior to 1911 "on 30 days notice at 115 and interest and th erea fter at
105 and interest.
R o ad —Operates 32 miles o f track in and betw een Oil City, Franklin.
Rouseville, S iverly Boro, Reno, W est End Boro and Safe Run. 65-lbT and girder ra 1. Standard gauge. Extensions o f 3 miles are pro
posed. Company also owns M onark Park. H as 45 passenger, 9 con
struction cars.
OFFICERS—President & Manager, D aniel J. G eary; V ice President,
Wm. Hasson; Secretary and Treasurer, Wm. B. Filson.
FR E D E R ICK , M A R Y L A N D .
P o p u l a t io n in 1900 w a s 9,296; in 1890 w a s 8,193;
a n d in 1880 w a s 8,659.
F R E D E R I C K & M ID D L E T O W N i E L E C T R I C
R A I L W A Y —A tro lley road.
O r g a n iz a t io n —Commenced operation in fa ll o f 1896. Th ecom pan y
in August, 1901, leased the M yersville & Catoetin E lectrio R y. fo r 10
years from Feb. 1,1904, on which date the old lease w ill expire. For
term s o f lease see V. 73, p. 287.
STOCK & B onds —
Dale. In te re s t Outstand’g.
M aturity
Stock, $100,000 . . ..............
........
$44,000
....................
1st m ortgage, $70,000, > 1897
5 g. J-J
7o,000
Jan. 1, 1917
gold ($1,000)......... c* ) M aryland Trust Co., Baltimore, Trustee.
Bonds are subject to ca ll at par on and a fter Jan. 1,1907.
R o a d —Frederick to M iddletow n, 9 m iles; which, w ith the lease of
the Catoetin & M yersville Electrio, M yersyille to M iddletow n, 513
miles, constructed In 1898, makes a tota l o f 14
miles ope-ated.
President and G eneral M anager. Geo. W. Smith; Vice-President, D. E.
K efa u ver.—V. 73, p. 287.
F R E D O N I A , N. Y .
P o p u l a t io n in 1900 w a s 4,127 ; i n 1890 w a s 3,399;
a n d i n 1880 iv as 2,692.
DUNKIRK
& FREDONIA
R A IL R O A D
A tro lley road.
O r g a n iz a t io n —Chartered A p ril 21,1864. Company is also engaged
in electrio ligh ting and steam heating, the expenses o f these depart
ments being included in the railroad operating expenses and the re
ceipts are shown in other income. In June, 1897, purchased Fredonia
gas plant (capital stock $40,000) and has since operated it.
Stook auth.,$150,000; par
E a r n in g s —Y ear ending June 30:
$100; stock sold......... $136,410
1901.
1900.
1st m ort. 5s, J. & J . . . . . . ) , r. r.a A G ross.............. $28,903
$20,807
Due Ju ly 1,1911.........> a d .uoo
N e t.................. 11,315
5,691
2d m ort. 5s, J J . . . . . . . . . ) ni /inn Other incom e..
6.524
8,161
Due Ju lv 1 .1 9 1 1 ........( z i .duu
Int. and taxes.
6,509
4,580
B illsp a y’ble Oet. 30,1901 39,500 D ividends....... *4,694
t4,648
* This includes a stock dividend o f fou r per cent,
t This inoludes a stock dividend o f one p er cent.
STOCK AND B onds —
Date. Interest.
Out*tand'g.
M aturity.
Stock, $225,000 ($10 0)..................................
$225,000 ....................
1st mort., $200,000, gold ; 1899 5 g. J-D
175,000 June 1, 1919
($1,000) o '.n o s. f ........)
Int. at N ew H aven Trust Co., Trustee.
R oad E t c .—O wns and operates 1^2 4-10 miles o f road from Gallon
to Bucyrus, laid w ith 60-lb. T rails. The com pany also own and oper
ate Seceaiuin Park, containing a theatre, pavilion, bow lin g alleys,
museum, &o. Motors, trailers and oars, 11.
O f f ic e r s —President, F. T. Pom eroy; Secretary and Treasurer, L.
M. W olf; General Manager. J. H. M errill. G eneral offices, 212 Gar
field Building, C leveland, O.
G A LV E S T O N , TEX.
P opulation 1900 was 37,789; in 1890 was 29,084;
and IN 1880 was 22,248.
G A L V E S T O N C ITY R A I L W A Y - A tro lle y road.
O r g a n iz a t io n —In corporated in T exa s in 1900. Dec. 18, 1900, took
o ver the property o f the old G alveston City Railroad, sold at fo re
closure, and o f the G u lf C ity S treet Ry. A Real Estate Co. Guaranty
Trust Company o f N ew Y ork is interested. Road has been re-built and
Im proved. In Sept , 1901, w ork was begun on a new pow er house,
costing $165,000, which was put in operation In Feb., 1902.
STOCK & B onds —
Date. Interest. Outstanding.
M aturity.
Stock, com m on............................................
$400,000
. . . --------do
p referred ................. ........................
400,000
........... .
1st m ortgage, $600,000 ) 1900* 5 g. J-J
600,000
Jan. 1, 1941
go ld ,$1,000........... ......$ In t. at Guaranty Trust Co., N. Y ., trustee.
* M ortgage was issued Deo. 18,1900.
R o a d —Embraces 36 m iles o f track.
E a r n in g s —F o r years ending Dec. 31:
1901.
1900.
Yrs.end.Dee.31. 1901.
1900.
Gross earnings.$123,401 $171,983 Damages, e tc ---- $3,687 $27,662
20,858
N et over taxes.
34,643
48,520 Approx, su rp ... 30,956
In te re s t charges, $30,000.
0FFICER6—President and Gen’l Manager, M ajor R. B. Baer—V. 65,
p. 728. 824; V. 68. p. 618: V. 69, p. 541, 1345; V .7 0 , p. 280; V .7 1 , p.
287, 963, 1269, 1311; V. 72, p. 87.
GARDNER,
MASS
P o p u l a t io n 1900 w a s 10,813; in 1890 w a s 8,424 a n d
in 1880 w a s 4,988.
G A R D N E R
W E S T M IN S T E R & F IT C H
BURG- S T R E E T RY.-In December, 1899, absorbed the
Gardner E lectric Street Ry.; population served 40,000.
STOCK & B onds —
Date. Interest. Outstanding. M a tu rity.
Stock, $185,000 ($ 1 0 0 )............................
$185,000
...................
1st m ortgage ($ 1 ,0 0 0 )) 1900 5 g. F. A.
150,000
Feb. 1, 1920
$190,000, g .............. c* ) In t. at M ercantile Trust Co., Boston, trustee.
R o a d —Owns 12 miles o f m ain track from Gardner, through South
G ardner and W estm inster to Fitchburg, where connection is made
w ith the Fitchbu rg & Leom inster S treet By.; also constructed a branek
lin e to W achusett Lake, which w as opened fo r traffic on M ay 26,
1900, but is operated as a summer branch only. Total, 16 miles.
E a r n in g s - F o r year ending Sept. 30,1901, gross, $54,137; net, $10,*
259; charges, $14,453; deficit, $4,194.
O f f ic e r s —President, Frederick S. Coolidge, Fitchburg; Vice-Prea^
E. F. B lodgett, Leom inster; Sec’y, Treas. and Gen. Counsel, James A .
Stiles, Gardner; Supt.. F Lenoir, Gardner.—V. 69 p. 1247.
STREET RAILWAYS
GLENS
G E N E V A , N. Y.
AND IN 1880 WAS 5,878.
&
O r g a n iz a t io n —Chartered March, 1895, as a consolidation o f the
Geneva A W aterloo and other companies. The new company owns the
Cayuga Lake Park p rop erty o f 50 acres.—V. 60, p. 562.
STOCK & B o n d s —
Miles. Date. Interest. Outslan’g. M aturity.
Com. stock, par, $100..
.................................. $350,000 .................
Pref. stock, $100,000...........................................
99,500 .................
1st M .,($500& $ l,000)g.o*........ 1895 4 g. A - 0 430,500 A p l. 1, 1920
Interest at West End Trust Co., Phila., trustee.
Bonds—In Jan., 1902, $63,500 o f bonds were, unissued. Interest on
bonds was fo rm erly 6 per oent, but in 1900 rate was reduoed, b y con
sent o f bondholders, to 4 per oent
R o ad —T he road extends from G eneva to Cayuga Lake Park through
W aterloo and Seneca Falls, 17 miles; sidings, % miles. Rails 70-lb.
girder and 60-lb. T- Track standard gauge. Operates 22 oars.
E a r n in g s —F or fiscal years ending June 30:
Other
P a rk
Bat.,
Tear.
Gross.
Tel.
Incom e.
In i. Taxes . E xp ’s.
def.
1901 ....$63,576 $25,888
$336 $26/ 35 $2,741 $ ........ $3,152
28,787
1,747
26,341
2,538 3,044
1,389
1900...... 00,370
1899...... 59,856
27,103
1,983
26,266
2,381 4,207
3,768
President, Isaao M. Thomas, W ilkesbarre, Pa.; Secretary and Treas.
urer, W. C. Gray, Seneca Falls; Supt., H ow ard G ray, W aterloo.— V.
€0, p. 562.
G E O R G E T O W N , MASS.
P opulation 1900 was 1,900; I n 1890 was 2,117;
and in 1880 WAT 2,231.
GEORGETOWN R O W LEY
R Y -—A trolleyroad.
&
FALLS,
N. Y,
P o p u l a t io n 1900 w a s 12,613; in 1890 w a s 9,509;
a n d in 1880 w a s 4,900.
P opulation 1900 was 10,433; in 1890 was 7,557;
G ENEVA W ATERLOO SENECA FALLS
C A Y U G A L A K E T R A C T IO N —Trolley.
39
I P S W I C H ST.
ORGANIZATION—In corporated in Jan., 1899, and is controlled by tbe
same interests which ow n the H a verh ill G eorgetow n & D anvers St.
R y. Estim ated population o f district served 25,000.
STOCK a n d B o n d s —
Date. Interest.
Out stand’g.
M aturity.
Stock, $180,000,.$100..............................
$180,000 6% in ’ 99-1900
1st mtge., ($1,000.) ) 1900 5 g. J-D
180.000
June 1, 1920
$180,000, go ld ........ ) In t. at M ercantile Tr. Co., Boston, Trustee.
R o a d -—Owns and operates 18 miles o f traok from G eorgetow n
through R ow ley to Ipsw ich, w here connection is made w ith Lynn &
Boston R R . R ails 60-lb. T- Owns 20 ears and 34 electric motors.
Possesses p o w er house from which G eorgetow n H a verh ill & D anvers
St Ry. Is also operated. In Feb,, 1901, a disastrous fire destroyed all
the cars.
E a r n in g s .—F or year ending Sept. 30, 1901: Gross, $37,992; net
$13,082; charges, $14,994; deficit, $1,912.
O FFICE RS-—President, 8. P o rter Gardner, H a verh ill, Mass.; V ice Pres.,
A.. D. Vesey. H averhill; Secretary. E. B. Fu ller, H a verh ill; Treasurer,
George F. M arshall, 53 State St., Boston.—V , 71, p. 135, 341.
H A V E R H I L L G E O R G E T O W N & L A N VERS
ST. R Y .—A trolley road.
O rganization .—incorporated in„1895.
STOCK AND B o n d s —
Date. Interest. Outstand’g. M aurity.
Stock, $60,000 .............................................
$60,000
6% in 1900-01
1st m o rtg a g e ....................... 1899
5
35,000
Meh. 1,1919
R o a d -—O wns and operates 6-35 miles o f traok in H a verh ill, G roveland and G eorgetow n.
E a r n in g s .—Y ears ending Sept. 30: In 1901, gross, $27,002; net,
$9,024; charges, $4,863; dividends, $3,600; surplus, $561.
OFFICERS--President, S. P o rte r Gardner, H a verh ill, Mass.; Treas.,
Geo. F. Marshall, 53 State St., Boston: Secretary, Edm und B. Fu ller,
H averh ill.
G IR A R D V ILLE , PA.
H U D S O N V A L L E Y R A I L W A Y.—A trolley road.
O r g a n iz a tio n *—Incorporated Aug. 15, 1901, by the Powers-ColvTa
Syndicate as a consolidation o f the Glens F alls Sandy H ill A Fort;
Edward Street Ry., W arren Co. Ry., S tillw ater A M eehan icville 8t.
Ry., Greenwich & S chu ylerville E lectric RR., Saratoga Traction Co.
aud Saratoga Northern Ry., the capital stock o f these roads being e x
changed for stock In the new comauy. See CHRONICLE, V. 73, p. 391.
Has contract with the United Traction Co. giv in g if permission to run
oars o ver their tracks into the cities o f A lbany and Troy. Carries
freigh t as w ell as passengers.
R o a d .— Main line extends from A lban y and T ro y northw ard along
the Hudson through the villages and tow n s of W aterford, Mechanicville, S tillw ater, Schuylerville, Greenwieh. Fort Edward. Sandy H ill,
Glena Falls and C aldw ell to Warrensburg. The Saratoga division,
which b ra w lie e o ff from the main line at, M eehanicville, provides a
line from A lb a n y and T ro y to Round Lake, Ballston ana Saratoga.
Total main track about 103 miles, o f which 85 miles is o ver p riva te
right o f way. Rails 60 and 70 ib T- Operates 130 ears. Com pany
owns Kayderoes Park, at Saratoga Lake; Ondawa Park, between
Greenwich and Schuylerville; Fort W illiam H enry Pa rk and the new
F o rt W illiam H en ry H o tel at Lake George.
■STOCK & B onds —
Date.
Everest.
Outstanding. M a tu rity
8t’k,$3,000,000,par $100.
.........
$2,625,000
...
N $4 000 000 L$1 O O o fgV j ' m° lat M erchants’ T r C o % \ Y „ Trustee.
$4,000,000 ($i,u oo)g.e ^
^6 called at 110 <fc Int. on any Int. date.
U nderlying Liens—
G F. 8.H & I . E .l s t M. (no ? 1891 6 J-J
100,000 July 1, 1911
op.) ($500<fc$l,000).g.o. ( Int. at Central Trust Co., N. Y., Trustee.
do 2d M t$500m e $ 1893 6 J - J
50,000
July 1,1913
do. 2d M. ($o00)g.o. ( I n t atM erchants’ Nat. Bank, Glens Falls.
qa xr
nnm 5 1901
6 A-O
150,000 Apr. 1, 1921
do. 3d M .($lo0,000) J M ay b6 cailed at 10o on A p ril 1, 1902.
Still. & Mech. 1st M ........
1893
6 A-O
47,500 A' p r. 1,1913
$250d,0002d
. T 8:p 898
6 A -O
202,500 A p r. 1, 1913
Sar. Traction 1st m ort. I
5-g. J-J
300,000 Ju ly 1,1929
$100,000............ -gold 5
500,000 July 1,1929
Green. & Schuyl. 1st M
M.. ) 1899 5-g. J-J
g. ($1,000) $300,000___ s M ay he called at any time.
Warren Co 1st m ortgaged 1901
5 g. J-J
400 000 Apr. 1, 1931
« rao non l8 t
tg g L M ay he caned at any tim e at 105 and Int.
$ouo,uoo ......................( Glens Falls Crust Co.. Trustee.
Bonds.—O f the $4,000,000 m ortgage o f 1901, $1,000,000 is set
aside fo r future requirem ents; the present issue Is $3,000,000, of
which $1,750,000 w ill go to retire the p rior liens enumerated above—
$1,050,000 o f euch p rior liens being subject to call.
OFFICERS—Chairman Ex. Com., J. A. Pow ers, W aterford, N. Y .,
President, A. B. Colvin, Glens Falls; Vice-President. Geo. E. Green,
Binghamton; Treasurer, F. L. Cowles, Glens Fails; Secretary, Thos.
O’Connor, W a te r fo rd .-V . 73, p. 391, 899, 1061,1160,1207, 1356.
G L O V E R S V 1 L L E , N. Y .
C A Y A D U T T A E LE C T R IC R A IL R O A D —
J O H N S T O W N G L O V E R S V I L L E <& K IN G S BO R O RR. Both these roads are leased to the Fonda Johnstown
& G lo v e rs v ille (steam) R a ilroa d Co.
GRAND
See I n v e s t o r s ’ S u p p l e m e n t .
R A P I D S , M IC H .
P o p u l a t io n i n 1900 w a s 87,565; i n 1890 w a s 60,278 ;
a n d in 1880 w a s 32,016.
G R A N D R A P ID S R Y - A tro lley road.
ORGANIZATION, Et c .—I n A p ril, 1900. was incorporated as a suc
cessor company to the Consolidated S treet Ry. and the N orth Park
St. Ry., and owns a ll the street ra ilw a y properties o f Grand Rapids
and vio in ity .—V. 70, p. 1149. Franchises ex p ire in 1919, in 1920 and
in 1921.
STOCK & B o n d s —
Date. Interest. Outstand’g.
M a tu rity .
Stook.com., $2,000,000($100). ...................... $2,000,000
...........
l8l5Mob ($l?°d00O
00)s T ' 221a 1893 5 S A - 0
500.000 A pr. 1, 1943
noo v r 'iv ’ nftftr In terest is paid a tE q u it.T r. Co.. Trustee. Phila.
a fter A p l. ’98.
o* J Boncl-«inay be purchased fo r sinking fund at 105
P pC o’. (|lOO)0 '.000 .CU.m.'. .5 \ .....................
1,500,000 M ay,’02,
Gr. Rap. Ry. Co. 1st M. . .o’' / 1900 5 g J-D 2,500,000
Jane 1,’ 16
$3,500,0 j O, gold, $1,000., \Int. at N. Y . seou rity & Tr. Co., Trustee.
Bonds, Etc.—O f the n ew mtge. fo r $3,500,000, $1,000,000 is re
served fo r perm anent additions and Im provem ents, and can ODlybe 1ssued fo r 85 per cent o f the cost, and only •*when the net earnings o f
the company fo r the preceding year are equal to, or exceed, double the
interest charge on the tota l amount o f bonds outstanding, including
those to he issued.” Sinking fund becomes o p era tive on Oot. 1, 1905,
payable 1 per cent o f bonds out up to Oot. 1, 1910, then 2 per cent ud
to 1915. (See V . 70. p. 1149.) Bonds cannot he called. Bonds are
listed on N ew Y o rk Stock Exohange.
Dividends—D ivid e r ds on preferred stock are cum ulative and H4
p. c has been regu larly paid up to and including M ay, 1902.
R o a d — Owns and operates 52 75mlles o f traok. E qu ipm ent,70 m otor
cars, 71 open oars and 38 tra il oars.
E a r n i n g s —Th e earnings o f the property fo r the years ending Dec.
31 are as follow s, the interest shown being the present fixed charge.
Tear.
Gross.
Net.
Interest.
Surplus.
1901 ......................$533,508
$267,879
$125,000
$142,879
1900....................... 506,705
218,229
125,000
93,229
1899...................... 44o,580
213,181
...........
...........
O ffic e r s —President, Clarence M. Clark, Ph iladelph ia; Viee-Pres.,
L esie r J. Rindge, Grand R a p id s; 2d Viee-Pres and Gen. Man., G.
Stuart Johnson; Secretary and Treasurer, B. S. Hauohett- Jr.; Asst.
Sec., C. Ford Stevens, Philadelphia.—V 67. p. 319 ; V. 70, p.
583, 739, 841, 1048, 1149; V. 72, p. 183, 438.
1Sff M$150k000le-u a r' l 51fl 1893 4 g M -N
$150,000 N o v. 1,1923
oy Schuylk. T ra e 5 In tereet at E qu itable Trust Co., P h ila ., Trustee.
F e w eon. M. $2,000,-)
. 1901 4 ia g J-J
59,000 Ju ly 1,1951
000, $1,000, gold.o* ) In terest at F id elity T rust Co., Phila., Trustee.
Bonds.—The n ew m ortgage is g iv en to re tire a ll outstanding bonds
and to provid e fo r im provem ents, extensions and anv purchase o f
existin g properties. O f the $59,000 out standing, $18,000 are held in
the treasury. Bonds are subject to call at any tim e at 105 and in te r
est. S in k in g F u n d o f 1 per cent o f bonds outstanding becomes opera
t iv e on Aug. 1,1907.
R o ad —Sch u ylkill Traction D ivision 22is m iles o f track, beginning
a t Locustdale, thence through Ashland, H o lm esv ille to G irardville,
form in g there a Y , one branch running through L o st Creek to Shenan
doah and the o th er branch to M a izeville, G ilberton and Mahanoy City.
Lakeside division, 5*4 miles. Extensions o f 43 miles proposed ami
ch arters obtained, o f w hich 4 miles com pleted during the spring of
1901. E x ten sive im provem ents w ere m ade in 1901. Operates 35 ears
A n n u a l R e p o r t —F iscal year n ow ends Deo. 31. F o r 1901, gross,
208,258; n et .after expenses, etc., $56,624; surplus ab ove charges,
23,337.
OFFICERS—Prest., Clarke Merchant, Phil.; Viee-Pres., P o w e ll Evans,
Phil.; Sec. and Treas.. J. A .M eK ee, Phil.; Supt., F. P. U nger, G irard
v ille , P a .—V. 71, p. 84, 288; V. 72, p. 242, 284, 582, 676. "
K E G O N R Y . —E lectrlo road. Third ra il system. This is one o f
the properties owned by the H aw ks-Angus syndicate, which controls
the D etroit Y p sllan ti A nn A rb o r & Jackson Ry. and tbe Lansing C ity
E lectric R y.
O r g a n i z a t i o n -— Incorporated ea rly in 1900 to build au eleo trieroa d
connecting the three cities named in the title, a tota l distance o f 45
miles. The road was com pleted and put in operation on Feb 1, 1902,
Population served about 155,000. In June, 1901, $1,250,000 o f the
bonds was sold b y the Security In vestm en t Co. o f P ittsb u rg in con(junotion w ith a large num ber o f other houses.
STOCK & Bonds — Dale.
Interest. Outstanding.
M a tu rity .
Stock, $1,200,000 ......
.......
$1,200,000
.................
1st m ort , $1,500,000 ) 1901
5g. J J
1.250,01)0
Ju ly 1,1926
($1,000), gold ...0.* SStandard T rust Co., N e w Y o rk , Trustee.
Bonds—The $250,000 rem aining bonds can only be issued from tim e
to tim e fo r acquisitions, betterm ents, etc. The interest on outstand
in g bonds is guaranteed fo r 5 years by the Security In vestm en t Co.
R oad —Connects Muskegon w ith Grand Rapids and Grand H a ven
T o ta l track, 45 miles. Extensions to Lansing and Jackson are proposed]
OFFICERS— President, James D. H aw ks; Viee-Pres., T. F. C arroll;
Sec.. W allace Franklin, D etroit: A u d itor, K irk Lathxop.—V. 71, p.437
1219; V . 72, p. 1187.
S C H U Y L K I L L T R A C T IO N CO.-A tro lle y
road.
Th e S chuylkill Traction Co. is the on ly electric road in the boroughs of
Shenandoah, population 20,321; M ahanoy City, 13,504; Ashland,
6,438; G ilberton. 4,372: G ira rd ville, 3,666. Popu lation tribu tary to
this com pany’s lines is 200,000.
O r g a n iz a t io n —Chartered Sept. 26,1892, In perpetu ity, under the
M otor T ra ctio n A c t o f M arch 22,1887. Road opened June 1, 1893.
On Jan. 6, 1893, leased fo r 999 years the Mahanoy C ity Shenandoah
G ira rd ville & Ashland S treet R a ilw a y. On Oct. 5, 1893, leased fo r
999 years the A shland Locustdale & C entralia Elect. R y. Owns all
the stook of tliesetw o roads, w hichis pled ged under the first m ortgage.
On A p ril 27, 1900, leased fo r 999 years the Lakeside R a ilw a y, which
connects the tw o ends o f the com pany’s routes from M ahanoy C ity to
Shenandoah and purchased 2,600 o f the 5,000 shares o f the' capital
stock. On Jan. 24,1901, leased the Shenandoah & P o tts v llle S treet Ry.
fo r 999 years (incorporated Aug. 1,1900), from P o tts ville to Shenan
doah, 13 miles, and bought a ll its ca p ita l stock. The Lakeside aud
Shenandoah & P o tts vllle stock are pledged under.consol. mort.
S t o c k & B onds — Miles. Dale. Interest. Outst'ing.
M a tu rity
^^mon^’siOO^00’.00.1? ' ^ .................................
$1,500,000
..............
.................................
500,000
..............
f
G R A N D R A P ID S G R A N D H A V E N & M U S
STREET KAIL WATS.
40
U R A N P 1 1 A P 1 D S H O L L A N D & L. A K E M I C H
1 G A N , tJadcjp cojiairuotUm. bi t? V. 71, p. oO- ; v* 74, p* *477, 5‘J^,
72'$.
G R E A T
FALE S,
GREAT
MON.
F A R E S S T R E E T R Y - A trolley road.
June 1, 1903, was still In the hands of W. D.
Dickenson as receiver.
S t o c k &, B o n d s —
Miles. Date. Interest. Outstanding. Maturity.
Block,# 0 0 ,0 0 0 , par $25 ' .............................
$100,000
...........
M. fot $500,000g o ld .............
1891 6 g J - D
346,500 June 1, 1905
M ortgage trustee, Massachusetts Trust Go., Boston.
R o a d —Operates 8% miles o f track and 8Hs miles o f road.
r g a n iz a t io n — Ob
G REEN
B A Y ,
W IS .
POPULATION 1900 WAS 18,684; 18 1890 WAS 9,069;
AND IN 1880 WAS 7,464.
FOX R IV E R
P O W E R . —Trolley.
E LE C T R IC
R A IL W A Y
&
This Is a reorganization o f the P o x R iv e r Electric, sold at foreclosure
Jan. 14, 1899. (V. 68, p. 129.) In October, 1899, purchased the Mc
Cartney Street line. Population served about 30,0uv.
STOCK a n d B o n d s .
Date. Interest. Outstand’g.
M aturity.
Corn., (par $100), *25,000......................
*20,000
..............
Pf. 5% cum. ($100). 125,000......................
125,000
..............
M. g. (par $50, $100, $500), s 1899
5 g.
115,000
J u ly 1, 1919
$150,000
___ -............I In terest at M ilw au kee Tr. Co., trustee.
R o a d —Owns and operates all lines lu the C ity o f G reen B ay, and
also a line from Green Bay to De Pere, 20 miles in all; 45 and 78
pound ra il; 19 m otor oars, 8 trailers. A n extension of 5 miles to Duck
Creek Is proposed, which w ill probably be com pleted about O c t, lb02.
^OFFICERS (n ew ).—President, H . S. Eldred, M ilwaukee; Viee-Presldeut. A , M. Murphy', Green Bay; Secretary, B. L. Parker. Green Bay;
Treas. and Gen. Man., M itchell Joannes. Green B ay.— V. 68, p, 129.
G R E E N F IE L D ,
MASS.
POP ORATION 1900 WAS 7,927; IN 1890 w a s 5,252; a n d
IN 1 8 8 0
w as
3,903,
GREENFIELD & TURNERS
S T R E E T R A I L W A Y . - A tro lle y road.
FALLS
O r g a n iz a t i o n — Commenced operation June 24, 1895. Owns 750
feet steel bridge across the Connecticut R iv e r at D eerfield.
STOCK & B onds —
Date. Interest. Outstanding. M aturity .
Stock, $130,000, ($100).....................................
$115,500 6% 1900-01
i at rr»mu
a f
5 1896 5 g, J& D
90,000 June 1,1916
1st mort., gout, s. r .............. ? In tere st at Beacon Trust Co., Boston.
Loans pay. Sept. 30,’ 0 1 . . ................................
16,500
..............
Bands— The m ortgage (origin a lly $100,000) provides fo r the p a y
ment o f $2,000 annually from 1897 to 1915, Inclusive, at a premium.
R o a d — Greenfield to D eerfield, Cheapside, L a k e Pleasant, M ille r’s
Falls, M ontague City and Turners Falls, 15 06 miles; sidings, 0 ‘41
miles; to ta l track, 15'47 miles.
✓
E a r n in g s — F o r year ending Sept. 30, 1901, gross, $44,865; net,
$17,660; charges, $8,081; dividends, $6,930; surplus, $2,649. In
1900, gross, $39,984; net, $18,022; charges, $7,990; dividends, $4,155;
surplus, $5,877.
President, Fred’k E. Pierce; Treasurer, D. P. A bercrom bie Jr.; Su
perintendent, J. A . Ta gga rt.— V. 63, p. 76.
G R E E N W IC H ,
and
is
13.591; is I8 6 0 w a s 10,118;
1880
w as
6,627.
H AGERSTOW N
P o p u l a t io n 1900 w a s 14 930. IN 1890 W A8 3.970.
O
H A G E R S T O W N , MD.
POPULATION 1800 w o
CONN.
P o p u l a t io n 1900 w a s 12,172; in 1890 w a s 10,131;
a n d in 1880 w a s 7,892.
G R E E N W I C H T R A M W A Y C O - A tro lle y road.
O r g a n i z a t i o n .— In corp ora ted in Connecticut under perpetu al
charter in June, 1893. Is controlled in same interests as N. Y. &
Stam ford Ry., form in g a continuation o f the la tte r’ s line.
STOCK & B o n d s .
Dale. Interest. Outstand'g. M aturity.
Stock, $400,000 ($100),
..................
$400,000
1st m ort’ve *400 000?
1901 5 g. .T J
150 000 Ju ly 1,1931
«
[ l i t . a t N - Y - Security & Trust Co., N ew York.
(*i,o u u ), g ia, o ... ^ s ta te Treas o f Connecticut, Trustee.
R o a d .—Is to extend from Poitch ester, N. Y ., w here it connects w ith
the tracks o f the N Y . & Stam ford Ry. to Stam ford, Conn., 8 miles,
and w ill form the final link in a through tro lle y system from N ew
Y o rk tc Boston. Entrance into Stam ford Is to be obtained o ver the
tracks o f the Stan ford S treet R R . Road is now 1n operation betw een
Portohester and Greenwich. The rem aining 4 m iles is expected to be
eom jdeted about Sept , 1902. ’
OFFICERS.—President, Chas. A. Singer. Office, Portohester, N. Y .—
V. 74, p. 326.
H A C K E N S A C K , N. J.
P o p u l a t io n 1900 w a s 9,443; in 1890 w a s 6,004;
a n d i n 1880 w a s 4,248.
N E W J E R S E Y & H U D S O N R I V E R RY- &
F E R R Y C O .O r g a n iz a t io n —I ncorporated at Trenton, N. J., on Feb. 27,1900, as
a consolidation o f the Bergen County Traction Co. and the Ridgefield
and Teaneck Ry. Co. See V. 70, p. 4 30. The new com pany owns the
entire capital stock o f the R iverside & F o rt L ee Ferry Co., and the
H igh land Im provem ent Co.
STOCK & B o n d s —
Date. Interest. Outstanding. M aturity.
Stork, comm on_$l,000,000.............................. $1,000,000
..............
50,000 6P'C.| .................
599,600 Feb.’02, 6%
1st mort., $1,566,606 gold >1900 5 g. M-S
1,200,000 M ar 1,1950
($1,000) c ‘ ....................
(In t . a tU .S . M tg e .& T r.C o .,N .Y ., Trustee.
Bonds— Of the $1,500,000 bonds, $300,000 are reserved fo r future
extensions and im provem ents. The bonds can be called on and after
March 1, 1905, on any interest day, at 110 and accrued interest, upon
six weeks’ 1 otice.
D iv id e n d s —The first dividend o f 5 per cent on pref. stock was paid
on Feb. 15, 1901. In Feb., 1902, 6 per cent was paid.
E a r n in g s —F c r calendar year 1901 gross, $103,589 ; operating ex
penses, $43,488; surplus, $60,101.
R o a d —Owns and operates 14 miles o f road, from fe r r y at W est 130th
8t., N e w Y o rk City, to E n glew ood and to Hackensack. " The la tte r line
w as opened on June 21,1900. On M a y 6. 1901, an ordinance was
passed g iv in g the com pany righ t o f exten d in g through Hackensack
to M ayw ood. This extension was com pleted and opened fo r traffic on
N ov. 9,1901. A fu rth er extension to A reola and Paterson is n ow under
construction.
'’
O f f ic e r s —President, A . M erritt T a ylor; 1st V ice-Prest., W. H.
Clark; 2d Vice-Prest. & Gen. Man.. Frank R. Ford 149 B roadw ay,
N. Y .; Sec. A Treas., W. N. Barrows. V. 70, p. 382, 430, 1249; V. 72,
p. 242.
R A I L W A Y . - A tro lle y road.
O rganiz ation —Chartered March 12, 1896, fo r 40 years. No longer
has city contract, but furnishes com m ercial electric lighting.
Interests Identified with this com pany in July, 1901, purchased a
m ajority o f the stock and a ll o f the bonds o f the Myers 1life A Catootin
E lectric Ry., but short;y th erea fter directors o f the latter made a new
lease o f the road to the Frederick & M iddletow n Electric Ry., which
see on a previous page.
S t o c k & B o n o s —Capital stock, $200,000; par, $50. First m ort
gage is fur $200,000 gold 8 p. c. bonds, dated 1896, due M ay 1, 1916,
Interest, Q.—F., at office o f Comm onwealth Guaranty Trust & Hale
Deposit Co. o f Harrisburg, Pa., trustee o f m ortgage.
ROAD—H agerstow n to W illiam sport and Funkstown, 13 m. o f tra c k.
Under the name o f the H agerstow n * Boonsboro By. Co. an ex ten
sion o f 10 miles is being built to Boonsboro.
OFFICERS—President, Christian W . Lynch; Treasurer. Win. Jennings;
Seo. and Supt., W. C. H epperle.
( 1 ) H A G E R S T O W N & BO ONSBORO R Y . C O .O r g a n iz a t io n —In corporated in 1901 with a capital of $120,000
stock and a bond i-sue o f $120,000, to build an electric road from
Boonsboro to Funkstow n—about 10 u iles— where connection is made
w ith the H agerstow n Ry. Road put in operation to B eaver Creek In
A p ril, 1902. The same Interests control both properties.
H A M M O N D ,
IN D .
P o p u l a t io n 1900 w a s 12.376; i n 1890 w a s 5,428;
a n d in 1880 w a s 699.
H A M M O N D W H I T I N G & EA ST C H IC A G O
E L E C T R IC R A I L W A Y - A tro lley road.
O rgan ization —Chartered in 1862, Franchise runs till 1917. Con
trolled In interest o f South Chicago C ity Ry. V. 62, p, 86.
STOCK & B onds — Miles. Date. Interest. Outstand’g. M aturity.
Stock, $300,000.............................................
$287,000
...................
IstM ., $100,000, gold 22 1894
5g. M-S
100,000
Mar. 1,1904
In terest payable at N orth ern Trust Co., m ortgage trustee, Chicago, HI.
R oad —O wns 22 miles o f track, extending from State line a t R oby to
Whiting, East Chicago and Hammond, and operates in connection with
South Chicago C ity by. to 63d St. and Madison A ve. in Chicago.
OFFICERS—President, D. F. Cameron, Chicago; Vice-President, D. M.
Cummings; Secretary
Treasurer, O. S. Gaither.—V. 62, p. 86, 502.
H A R R IS B U R G , PA.
P o p u l a t io n 1900 w a s 50,167; 1890 w a s 39,385; a n d
in 1880 w a s 30,762.
H A R R IS B U R G
T R A C T I O N —A trolley road.
O r g a n iz a t io n —Organized June 18, 1895.
Th e stockholders voted on July 16,1901, to increase the capital
stock to $2,500,000, to p ro vid e fo r extensions and im provem ents.
STOCK & B o n d s —
P a r. Date. Interest. Outstand’g.
Last Din.
H arrisburg Traction,
stock, $2,500,000...
50 ........ T ex t.
$2,000,000 See tex t
75,000 M ay 1,1924
Citizens’ Passenger— > ........ 1894 6 g . M -X
1st M .,$75,000, gold? In t. at Com’w ealth G ia r. Tr. Co., H arrisburg
Leased to E. E a r. Pass. B y .—
Harris. City Pass. stk.. 25 ......... 12 J -J
$125,000 Lease re n t
M iddletow n H .& S.stk.
50 ........ 10 J-J
100,000 Lease re n t
The Traction Co. holds in its treasury $700,000 (all) stock o f the
East H arrisbu rg Passenger R a ilw a y and $235,000 (all) o f the Citizens’
stock.—V .60, p. 873.
DIVIDENDS— The dividends In February and August, 1899, a g g re g a t
ing 4 p ercen t, w ere paid in stock, the m oney being used in reducing
floating debt. D ividend period changed to quarterly*, and 1 per cent
paid in cash Oct., 1899. In ly 0 0 , Feb., 1»« p. o.; May, 1 p. 0.; Aug..
I 1* p. 0. Dividends again changed to semi-annual and 2 ^ p. 0. p u d
Fob. 1,1901, and 2 ^ p. 0. on A ugust 1. In 1902, Feb., 2Lj p. e.
R o a d —Leases and operates 47 miles o f track as follow s : East H a r
risburg Passenger, 24 m iles; Citizens’ Passenger, 6 m iles; H a rris
burg City Pass., 5 miles; M iddletow n H ighspire & 8teelton Pass., 12 m.
E a r n in g s fo r years ending June 30:
12 mos.
Gross.
Net.
In t., taxes, etc. Dividends. B a l.,s u r.
1900-1901..$357,709 $194,585
t$94,585
$100,000
.......
1899-1900.. 368,645
206,124
tl09,6C6
100,000 def.$3,502
1898-99.... 358,406
208,345
1130,740
*75,548 sur.2,057
* D ividend was paid.in stock.
t Includes in 1900-01 $30,542 and
in 1899-1900 $35,367 o f “ other expenses” and in 1898-99 *54,983.
L a t e s t E a r n in g s —5> 1902........... ...G ross, $171,454; net, $71,623
mos. to M ay 31—
>1901 .............. Gross, 136,886; net, 48,26u
OFFICERS—Pres., E dw ard B a ile y ; V.-Pres., B. F. M yers; Seo. and
Treas , W. J. Calder; 8upt. ami Pur. A gt., F. B. Musser.—V. 63, p. 227;
V. 69, p. 743; V. 70. p. 125, 945.
H A R R IS B U R G
& MECHANICSBURG
E L E C T R I C R A I L W A Y CO.-A tro lley road.
O r g a n iz a t io n —Incorporated M ay 7,1892. O perates7 miles o f track.
An extension to M a ry sville o f 5 miles was to be com pleted by July 1,
1902.
STOCK & B o n d s —
Date. Interest. Outstand’g. M a tu rity .
Stock autb., $225,000...........
..... .
...........
$144,500
1st mort., $224,000, g o ld .... 1894 6 g. M-S
144,500
Sep.,1914
In terest Is payable at office of trustee, tbe H arrisbu rg Tru st Co.
F o r year ending June 30, 1901, gross, $35,529; net, $11,559; in terest
and taxes, *$11,408; surplus, $151. President, Spencer C. G ilbert;
Sec.-Treas.. W. L. Gorgas, H arrisburg.
HARTFORD,
CONN.
P o p u l a t io n 1900 w a s 79,850; 1890 w a s 53,230;
AND IN 1880 WAS 42,553.
HA-RTFORD M A N C H E S T E R
V ILL E T R A M W A Y C O -
&
R O C K
O r g a n iz a t io n —In corporated on June 6,1894.
STOCK & BONDS—
Date. Interest. Outstand’g.
When due.
Stock $500,000 (par $ 1 0 0 ).......................... $300,000
. : .................
Is tM ., $300,000 ($1,000) g. 1894
5 A -0
200,000
Oct. 1,1924
R o a d —Operates 18-75 miles o f track, extending to Manchester, T a l‘
co tville and R ockville.
E a r n in g s —T w e lv e months ending June 30, 1901, gross, $126,811;
n et, $24,716; in terest and taxes, $14,790; balance, surplus, *9,926.
In 1900, gross, $115,270; net, $28,806 ; in terest and taxes, $15,055;
balance, surplus $13,751.!____
“ OFFICERS—President, M. S. Chapman : Vice-Pres. and Treas., R. O.
Cheney ; Sec., J. W. H aynes, all o f South M anchester, Conn.—V. 65, p.
1069.
41
STREET RAILWAYS.
H A R T F O R D S T R E E T R A I L W A Y - A tro lle y r o a c .
STOCK & B o n d s —
Date. Interest. Cu tstand’g
$2,500,000
Stk.,com.,$2,5u0,000($100).......................
O rganiz ation —In corporated on July 1, 1862, as the H a rtford <fe Stoi k, pref. (i% non-cum.
W ethersfield Horse Ry., and changed to present title on Oct. 4, 1893.
ciTnr.K A Bonos —
D a le . In te r ’ l . O u ts ta n d in g .
S to c k ($2,000,000, par $100)........ Q- J
$1,000,000
E a s t n .& G la stb . debentures > lg 9 7 5 j _ D
200,000
L a s t d i e ., d c .
Apr.,'02, 1Q%
Dec. 1, 1927
e-uar., red. Deo. 1,1 9 0 0 — t
New 1st mort., $3,000,000 > 1900 4g.M-S 2,500,000
Sept. 1, 1930
gold ($1,000)................. o‘ 5 Conn. Tr. & SafeD ep. Co , H artford ,T ru s.
Interest in payable at Connecticut Tr. A Safe Dep. Co., H artford, Conn.
Dividends, - i n 1895, 0; ’96, 6; ’97, 6 p. c.; '98, 6 p. o.; '99, 6 p. e.; In
1900, 6 p. c.; in 1901, 6 p. c.; In 1902, Jan., lh . p. c.; A pr., I Q p c
R0AD—Dines extend to W ethersfield, W est H a rtfo rd and W indsor,
East W indsor, East H artford andSou tW ilaston bu ry, in all 89-49 miles
main track. T o ta l track. 92*97 miles. Standard for tlie c ity is 90-lb.
girder rails and In the country 58 to 70-lb. T rails Cars: Closed 97,
open 101, other 49.
East H artford AG lastonbury Horse RR. (name changed in 1899 to East
H a rtfo rd A G lastonbury S treet R a ilw a y) is controlled by ownership
o f stock and leased lo r 30 years from 1897. Th e New ington
Tram way, from N ew in gton Church to H artford, was purchased in
1897, and a through line from H a rtfo rd to N ew B ritain is operated via
fhe Central Ry. & L igh tin g Co. o f N ew Britain.
Earnings —F or fiscal year ending June 30 in 1901,1900 and 1899,
and ye a r ending Sept. 30 in 1897, earnings have been:
In t. <£ taxes. Dividends. Bat., su r.
Net.
Gross.
$150,924
$60,000 $43,133
$754,057
1901............. $737,871
142,806
75,000
30,386
248,192
1900............. 682,936
142,763
42,000
443
185.206
1899............. 618,913
145,386
12,000
30,965
188,351
1897............ 576,992
O ff ic e r s —P resident, E. 8. G oodrich; Vice-President, Samuel G.
Dunham; Sec. and Treasurer, D aniel R. H o w e ; General M anager, N.
McD. Crawford, a ll o f Hartford.- V. 65, p. ) 0 6 9 , 1173; V. 70, p. 531,
1095, 1149, 1194; V. 71, p. 29, 390; V. 73, p. 1160; V. 74, p. 94.
M aturity.
...........
$180,720
...........
$200,000............................................ ...
Coll, tr natge.,$2,500,1 00 J 1901 5g M A N 15 1.400,000 May 15. 1951
gold ($1,000) ............ o* i In t. at Guaranty Tn. Co , N. Y., Trustee.
Bonds—O f the authorized issue o f $2,500,000 collateral trust bonds,
$6 0.000 are reserved to retire all bonds o f the Lehigh Traction Co.,
and $f 00,000 are held in the hands of the trustee fo r the acquisition
of additional property. Pref. stock can at optt.on o f com pany he
changed at any tim e into the bonds of the com pany at par. said bonds
to bear not less than 5 p. c., or m ay he redeem able at par in cash.
R oad —I s to i perate from H azleton to W ilkesbarre, a distance o f 27
miles, now under construction, o f which about 3 miles constructed, is
expected to be com jdeted N ov. 1.1902; to be operated by third rail.
OFFICERS—President, A. M arkle; Vice-President, John B. Price;
Treasurer, N. C. Yost; Secretary, E.8. Doud.—V. 72,p, 1281; V. 73, p. 33.
(1 )
L E H IG H T R A C T IO N CO.—A tro lle y road.
N ov. 7. 1892.
Franchise perpetual.
Owns, controls and leases fo r 999 years at an annual rental o f $1 each
the H azle. & Suburban Elec. Ry., capital $30,000; H azle. A South Side
E lectric Ry., capital $75,000; H azleton & N orth Side Electric Ry.,
capital $75,000. Th e $140,000 certificates o f indebtedness a n d$903,
600 o f Lehigh Trac. stock are deposited as security fo r the Wilkcsb.
& H azleton RR. bonds.
STOCK & B onds —
Date. Interest. Outsland’g. M aturity.
Stock, $1,000,0OO, $ 1 0 0 ............................
$1,000,000 ........... .
1st m ort., $500,000, gold, >
1893 5g. J-D
500,eOO June 1, 1923
$100, $500, $1,000 . o* 5Trustee, M arkle Bkg. & Trust Co..Hazleton.
Oertific’es o f indebtedness........................
140,000 ....................
Car barn bonds, $55,000...
1895 5 g M-S
55,000
1925
H a zle Park bds , $60,000
1895 5g. A-O
30,000
1925
R o a d -—Operates 27 miles o f track, new steel T rails, oak tics, w ell
ballasted. Road extends from H azleton to W est H azleton, to Yorktow n (connecting w ith Penn. R R . and Lehigh V a lley R R .), to M cAdoo
F A R M I N G T O N S T R E E T R A I L W A Y .—T r o lle y .
(south) and M ilnesville, L a tim er Mines aDd Freeland (north).
O r g a n i z a t i o n — This is the H a rtford & W est H a rtfo rd H orse RR.
L a t e s t E a r n in g s — ? 1902....................Gross, $47,062; net, $17,202
sold in foreclosure A ugust 1, l e 99. N ew com pany organized, and be
5 mos. to M ay 31 ) 1 ' ° 1 ................. Gross, 48,278; net, 22,41:9
gan business on Oct. 19, 1899. Old bondholders received stock in
E a r n in g s .— For fiscal 3 ear ending Dec, 31;
exchange fo r their bonds. No bonds now. E xten sive litig a tio n in
Balance.
rear.
G oss
Net.
In t .faxes.etc.
progress in the courts o v e r claims against the old-property.
eur. $35,053
1901..................$131,426
$74,094
$39,041
S t o c k & Bo n d s P a r. Interest.
Outstanding.
Dividend. 1900................. 114,704
61,164
41,750
sur. 19,414
Stock, $189,000......
$100
....
$189,000 R e p a id )
.............
sur.
9,019
1899...............
106,515
48,748
39,729
R o a d — Operates 13 ^ miles o f track laid w ith 65-pound T rails, 10
V. 61. 2 3 2 ; V. 66, p. 2 3 3 ; V . 72, p. 1279.
miles o f which it owns and upon
miles it has trackage rights.
E a r n i n g s - F o r yea r ending June 30, 1901: Gross, $32,7 39; net,
$1,808.
P opulation 1900 w as 10,770: in 1890 w a s 13,834;
O f f ic e r s — President. S. D. Coykendall, Kingston, N . Y .; Viceand in 1880 w a s 3,624.
President, N. C. Soop. Kingston, N. Y.; Secretary and Treasurer, E. D.
H E L E N A P O W E R & L I G H T - A tro lle y road.
Robbins, Wethersfield, Conn.—V. 65. p. 1 0 6 9 ; V. 68, p. 524,1225; V.
This property (com prising the city’ s en tire street railw ays and gas
69, p. 283.
_____ _
anil electric-light plants) was sold under foreclosure on M ay 20, 1902
to Thos. A. M arlow , as Trustee, and is to be reorganized. Details w ere
not ready in J une, 1902.
P opulation in 1899 w a s 242,000 and in 1902 275,000.
S t o c k & B o n d s — Miles. Date. Interest. Outstand’g.
M a tu rity.
H A V A N A E L E C T R I C R Y . - A trolleyroad.
S to c k ............................................................... $1,000,000 ....................
O rg aniz atio n —This company w as incorporated in N ew Jersey fo r Helena Gas-Light < ........ 1890 6 J - J
175,000 Ju ly 1, 1910
the purpose o f acquiring the Ferro C arril Urbano y Omnibus de
& Coke 1st M ort. ) In terest at M inneapolis Trust Co., M inneap.,M m n.
Habana (H avan a C ity Ry. & Omnibus Co.), which was organized in Helena P o w er & L ’t ( 20 1895 5 per ct.
425,000 Jan. 1,1925
1876. Franchise runs until 1958. Has also the rig h t to carry freigh t
consol, m ortgage.. (T ru stee, Central Trust Co., N. Y . City.
o ver parts o f the system. S ibscriptiona fo r the n ew bonds w ere
R o a d — Owns about 24 miles o f tro lley traca.
received in June, 1902, by E dw ard S weet & c o . in tbe U nited States
O ffic ers — President, E. T. W ilson ; Treasurer, H erm an Gans; Sec
and by London and M ontreal houses. V. 74, p. 1251.
retary, H. L. W alker.—V. 73, p. 843; V. 74 p. 778,1254.
STOCK & BONDS—
Date.
Interest.
Outstand’g.
M a iu r iy .
Com ., *7,’ 00.000, f. p ..............
. ........
$7,500,000
.................
Prf.6% non-c ,$5,000,000 ........
...........
5,000,000
...............
Con-ml M., $10,000,000. * 1902 5 g. F.-A.
7,500,000 Feb. 1,19 2
P o p u l a t io n 1900 was 27,066 and in 1890 'WAS 23,756.
go ld ($1,000), s. f.. .c * 5 Central Trust Co., N e w York, Trustee.
M IN E O L A
HEMPSTEAD & FREEPORT
Bonds— O f the $7,500,000 outstanding, $6,600,000 w as reserved to T R A C T IO N CO -A trolleyroad.
retire $5,968,000 p rio r liens, o f which o ver 80 per cent has been
O rganization —Incorxiorated on Feb. 27,1899. In June, 1902, made
exchanged—$400,000 fo r fioatin g debt and $500,000 to acqu ire new
properties; $2,500,000 are reserved fo r fu tu re corporate purposes. A application to the Board o f Railroad Commissioners fo r permission to
sinking fu n d of $48,000 per annum commences Jan. T, 1906, on the increase capital stock from $250,000 to $1,000,000. and to change
outstanding $7,500,000 bonds; and if any additional bonds are issued name to N ew Y o rk & L o n g Island T ractio n Co. Operates an electric
sinking fund is to be increased correspondingly. Bonds m ay be called line connecting the points named in the title, 9 miles. In June, 1902,
fo r sinking fu nd after 1906 at 105, and entire issue can be redeemed was constructing a road 16 miles lon g from F reep o rt w esterly via
R o ck ville Centre. Lymbroolr and V a lley Stream, to a connection with
a t 105 and'interest on any interest day on and aider Feb. 1,1907, upon the
K in gs County E levated Rail way at Brooklyn. Is also building from
six months’ notice.
Hem pstead w est 10 miles, to Queens and J amaica, where connection
R oad - Owns and operates about 40 miles of track.
v ill be made w ith the tracks o f the N e w Y o rk & Queens County Ry. A
O f f ic e r s — President, Edw in Hanson, M ontreal, Quebec; 1st Vice- line w ill be built later to L o n g Beach.
President, W. L. B ull, N ew Y o r k ; 2d Vice-President, N . Gelais. H avana;
STOCK & B o n d s —
Date. Interest. Oulsland’g. Last D iv.
S ecretary and Treasurer, A. Marcus, N e w York: ■ h ief E n gin eer and Common, *750,00O ($50) .............................
it)
...............
G en .M g r., U. F. Greenwood, H avana.—V . 7 2 ,p. 722; V . 74, p. 728,1251. P ref. d% cum.,$250,000 ($50)........................
(?)
...............
‘0 FFICCRS-P re s id e n t, John E. Ensign, Hempstead; Secretary, Jas.
A. M acElhinny, N e w York; Treasurer, J. R. Nutt, Cleveland, O.— V.
74, p. 1038.
P o p u l a t io n in 1900 w a s 37,175; in 1890 -w a s 27,412;
and in 1880 was 18,472.
O r g a n i z a t i o n —Chartered
H E L E N A , MON.
H A V A N A , CUBA.
H E M P S T E A D , N. Y.
H A V E R H ILL,
MASS.
H A V E R H I L L & A M E S B U R Y S T R E E T RY.
—A tro lley road.
S t o c k & B onds —
Date. Interest. Outstanding.
M a tu rity
Stock, $250,000. p a r $100............. See te x t
$150,000 O ct.,’97, 3%
B laokR ock& S alisb’ yB each (189 1 5g J - J
111,000 Ju ly 1, 1911
1st m ortgage, g o ld .......... ( In terest at In tern ation al T r ’ t Co., Boston.
H a verh ill &Amesb’yConsol. $ 1892 5g. J - J
179,000 July 1, 1912
M-. $290,000 g., $1.000.. c* l In t. at Am . L o a n & T r . Co., trustee, Boston,
r. , Y . ’ J Y
‘
51896 6 J - D
200,000 Deo. 1, 1911
Debenture n otes................. ( In terest a t Am . L oan & Tr. Co., Boston.
Loans p a y ’ble Sep.30,1901.................
about 150,OuO
........
DIVIDENDS—H ow 1, 1892, paid 4 p e r cent; Sept. 25,1894, 4 per cent;
In y e a r 1894-95,4 per cen t; in 1895-96, none; in 1897, Oct., 3 p. o.
N o n e since.
R oad —Has 28 miles o f track, including sidings, etc.
ANNUAL R e p o r t — F or years ending Sept. 30 earnings h ave b e e n :
Gross.
Net.
In t.. Taxes, <£c. B al., Sur.
1900-1901....................$116,395 $46,280
$45,394
$886
1899-1900................... 115,659
42,393
35,220
7,173
O ffic e r s —P resident, E. P. Shaw, N ew buryport, Mass.; Sec. and
Treas., Geo. A . Butman; Office. 8 Congress St.,Boston.—V . 68, p. 672.
HAZLETON, PA.
P opulation 1900 tv as 14,230;
i n 1890 was 11,872;
IN 1880 was 6,935.
W I L K E S B A R R E & H A Z L E T O N R R . - T h i r d raiL
O r g a n iz a t i o n —In corporated in N ew Jersey M ay, 1901, and acquired
The en tire ($1,500,000) capital stock and ($1,500,000) bonds o f the
W ilkesbarre & H azleton Raihcay Co. (Pen n svlvan ia incorporation)
and deposited the same, togeth er w ith $140,000 (entire issue) o f the
Leh igh Traction Co.’ s 5 per cent certificates o f indebtedness and $903,600 Of the stock o f $1,000,000 o f the L eh igh Traction Co., as security
fo r the 'Wilkesbarre & H azleton R R . Co., issue of first collateral trust
■mortgage 5 per cent gold bonds. V. 72, p, 1281.
and
HENDERSON,
KY.
P opulation 1900 was D ’,272; in 1890 was 8,835;
and in 1880 was 5,365.
H E N D E R S O N E L E C T R I C ST. R Y -Trolley.
O r g a n iz a t i o n — Incorporated Feb. 13 ’ 86, under a perpetual charter.
STOCK & B onds —
Date. Interest. Outstand’g
M aturity.
Stock (par, $100).............................................
$50,000
...........
Consol, more.,$60,000, c u r.) 1897
6J J
60,000 Jan. 1, 1912
$500..............................c* S Int. at Louisv. Tr. L ou isville.K y.,Tru stee.
R oad — Owns about 5 m iles o f track.
OFFICERS—President, Robt. D. Vanoe; Vice-President, E. P. M illett;
Secretary and Treasurer, J. H . L y n e.—V 70, p. 480.
H O B O K E N , N. J.
P opulation 1900 was 59,364; in 1S90 was 43,648;
and IN 1880 was 30,999.
JERSEY
C IT Y
H O BO K EN & PATERSON
R . Y . —An electric system.
This is a con solidation N ov., ’ 99, o f p ractically a ll the tro lle y roads In
the northern part of N e w Jersey except the N orth Jersey S treet R a il
way, and this la tter is controlled by the same interests, n am ely the
Shanley-Young syndicate. V. 69, p. 955. The Jersey C ity H oboken &
Paterson (gen erally known as the W hite Line system) comprises the
fo llo w in g roads, which h ave a ll bean m erged in i t :
Jersey C ity H oboken & R u therford Electric.
North Hudson County (con trollin g the Hudson & B ergen Traction
and the P a von ia H orse R R .).
Palisades RR.
Paterson C entral E lectric.
Paterson H orse RR.
Paterson Passaie & R u therford Electric.
Paterson R ailw ay.
Saddle R iv e r Traction.
W hite L in e Traction, form erly the N ew Jersey E lectric.
STREET RAILWAYS
42
iw i u ; t i , tiiOl,
sh tfnhobbirs voted to guarantee #1,000,000
bomls, p iia o in a l and interest, o f the Bergen Turnplko Co
• .. « A Bo n d s O f the m ortgage for #20,000,000, #10,004.000
lire outstanding at tile present time. The #300,0OO Of Paterson City
Hallway 2d general m ortgage 6s are subject to call at any time. The
rt-mataiug old boud* art? not subject to call.
Bate,. Interest. Outstand’g. Maturity,
Stock, #20,OOO,000, # 1 0 0 ,............................
#20,OOO,OOO ------ i r> tr
u
t
it t 180© -If. M - N nee text. NoV. 1,1949
$26,000,000 ( # i S o r t )
a u a r- * T r - o o -’ j e r -
ROAD - 16Lj miles long, connecting Bennington and Hoosiek Falls,
Owns 12 double uiotuM >;t. tn closed and sev en open cars. 8ixty>
pound T rails. Has 400 H. P. plant.
E a r n in g s —For year coding June 30, 1901, gross, *37,076; net,
$10,292; interest and taxes, #9,434, surplus, #858.
O f f ic e r s —President, Geo. K. Greene; Vice-President, Jos. Buckley!
Treasurer, I. E. Gibson. Bennington, V i , Secrclarj & - uptintendfcnD
E. H, Libby, H oosiek F ails
B onds O f CONSTITUENT Co m p a n ie s —North. Hudson County By.
Date. Interest. Outstand'g, M aturity.
6 J.-J.
620,000 Jan. 1,1914
1st m ortgage ($1,000)..
Consol, tuort. ($3,000,000) t , a^a
5 J.-J.
2,378,000 July 1,19*28
$3-20,000 to retire la tM o ' )'
5 M .-N .
1,292,000 M ay 1,1904
2d m ortgage ($ 1,000) . . , .... 1894
5 F .-A
100.000 Feb. 1. 1915
M
11895
W eehawken E xt.
. . . . . . . . |
nri
mic
Trustee,
Central Trust Co., N ew York,
Paterson Hallway.
Paterson Ry. 1st M ......... 1888 6
J .-D .
$200,000 June 1,1908
c m , Rt? m
< 1890 6 F .- A .
50,000 Aug. 1, 1907
Paterson City Ky. M ...... - in terest at First N ational Bank of Paterson.
Consol. M „ gold, $1,250,- s 1891 6 g , J , - D .
1,000,000 June 1,1931
000 ($1,000)............... 0 ( Trustee, Knickerbocker Trust Co.
1894 6 A .-O ,
300,000 Oct., 1, 1914
2d gen. mort., $300,000..
Trustee, Paterson Savings Institution.
P o p u l a t io n lo o o w a s 11,918; in 1890 w as 10,990,
a n d in 1880 w a s 8.195.
d ll
R E P O R T -F o r calendar year 1901, gross, $1,859,931; operating e x
penses, $975,739; net. $884,192; fixed charges, $838,669; surplus,
$45,523; in 1900 gross earnings w ere reported $1,803,267; operatin g
expenses, $877,920; n et earnings, $925,367.
R o a d —T otal o f track operated is 1? 0-56.
OFFICERS—President, D a vid You ng; V ice-President, John F. Shanley; Treasurer, George W. Roe; Secretary, F. J. D avis; Auditor, S.
O, Stivers. Office, 21 Hudson Place, Hoboken, N. J.—V. 69, p. 333,
955, 1012; V. 73, p. 138, 184, 236, 337; V. 74, p. 236.
( 1 ) B E R G E N T U R N P IK E CO
O r g a n iz a t io n -O rig in a lly chartered on Oot. 27, 1802, w ith $53,990
capital ($10 shares) and owns the turnpike from H oboken to H a ck en
sack, a distance o f 12 miles, o ver which an electric road is in
course o f construction, and which is expected to be in operation by
Ju ly 1, 1902. The Jersey C ity Hoboken & Paterson R y, owns a
m ajority o f the stock and guarantees its #1,00 .>.000 5 per cent bonds,
dated 1901, principal and interest. N. J. T it le Guar. & Trust Co., J er
sey City, Trustee.
H O LYO K E, MASS
P o p u l a t io n 1900 w a s 45,712; in 1890 w a s 35,637;
a n d in 1880 w a s 21,915.
H O L Y O K E S T R E E T R A I L W A Y —Trolley.
Sto ck—
Date. Interest. Outstanding. Last div., etc.
J-J
$700,000 Jan., 1902,4%
Stock, $700,000 ($100)..............
5 A -O
250,000
A pr. 1, 1915
Deb.b’ds($ 500,$ l,000)e' 1895
Debent, bonds ($50 0,)
- aQQ
5 A -O
85,000
Oot. 1, 1919
$1,000................... l a j 9
Leased line rental, Mt.
6
100,000
...........
Tom R R Stock, 6 p. 0............
15,605
....................
Loans p’ y ’ble Oct. 1, ’01............
In terest on all bonds payable t H o lyo k e Nat. Bank.
Dividends—In 1892 to Ju ly, li )1 , inolusive, 8 per cent yearly.
R oad — Has 40 miles o f track, including Mt. Tom (incline) RR..
4,900 feet long, operated under a 25-year lease. In 1900 built a road
to meet the Northam pton St. Ry. at Mt. Tom Junction, g iv in g a
through line from H olyoke to Northam pton. Operates 107 cars. Has
7 snow plow s and 191 motors.
E a r n in g s —Y ears ending Sept. 30.
1901.
1900.
1901.
1900.
Gross earning8.$296,165 $262,487 D lvs. paid (8 p.c.)$48,000 $40,000
408
N e t ................... 99,471
92,185 Bal., sur. fo r year
3,165
Int., taxes, &o..
51,063
49,020 1
Bal. fo r d iv’nds 48,408
43,165 I T ’ lsu r. Sept.30.$73,987 $73,579
OFFICERS—President, G eneral M anager and Purchasing A gen t. Wm.
S. Loom is ; Treasurer Wm. R. H ill; 8upt., G. H . Hunter, all o f H olyoke.
- V . 66, p. 616; Y . 71, p. 602, 809.
H ONOLULU, H A W A II.
P o p u l a t io n 1900 w a s 39,306; in 1896 w a s 29,920;
a n d in 1890 w a s 22,907.
HONOLULU
CO-Troiley.
R A P ID
T R A N SIT
&
LAND
H O R N E L L S V I L L E , N. Y.
H O R N E L L S V ILL E
E LE C T R IC R A I L W A Y
—A tro lley road.
O rgan ization —Chartered Dec, 10, 1891.
Road com pleted in 1693,
STOCK & B onds —
Date. Interest. Outstand’g.
M aturity.
...........
stock, $50,000 (par, $100)...............................
$50,000
N ew 1st m ortgage ($500)...... 1898
4 J-J
70,000 Ju ly 1, 1918
R oad —Sin gle track main line in city, 4-34 m ile s ; branch line, -50;
sidings, -22 ; tota l o f all, 5 06 miles.
E a r n in g s — For years ending June 30 ;
Gross.
Net
Other inc.
In t. <6 taxes.
Balance,
1900-01..........$12,815
$733
$2,055
$3,358
def.$570
1899-00.......... 12,451
890
2,025
3,249
del $334
O fficers —President, Charles A d sit; Vice-President, F. D. Sher
w ood; Secretary, De M e rrille P a g e ; Treasurer & 8upt., George T.
Rehn, all o f H ornellsville.
H O R N E L L S V IL L E
& C A N IS T E O R Y -
O rganization , E t c ,—I ncorporated M ay 2, 1892. Owns 4-32 rnUee
of tro lley track from H o rn ellsville to Canisteo.
STOCK & B onds —
Date. Interest. Outstanding,
M aturity.
Stock, $50,000, par, $100.............................
$50,000
...........
1st m ortgage ($500),$80,000 1898
4 A&O
80,000 Oct. 1, 1918
E a r n in g s —Y e a r ending June 30 :
Gross.
Net.
Other Incom e. In t. £ Taxes. Surplus.
1900-01........$17,298
$5,870
$55
$3,954
$1,971
1899-00........ 15,811
4,929
135
3,828
1,230
O fficers—President, De M erville P a ge; Secretary, Charles A d s it
Treasurer and Superintendent, Geo. T. Rehn.
HOT
SPRINGS, A R K .
P o p u l a t io n 1900 w a s 9,973; in 1890 w a s 8,086;
a n d in 1880 w a s 3,554.
H OT S P R IN G S S T R E E T R A I L R O A D —Trolley.
O rg aniz atio n —Chartered in 1894; successor to H o t Springs E lectric
Street R ailw ay. Controls Fountain & Suburban RR., 1 mile.
STOCK & B onds —
Date. Interest. Outstanding.
M a tu rity.
Stock, $500,000 .........................................
$200,000
..............
1st m ortgage, g o ld .........
1894 6g. J-D
200,000
June 1,1924
Trustee is 8t. Louis-Union Trust Company, 8t. Louis, Mo.
R o a d —Operates 11-8 miles of track.
O fficers —P resident, 8. W. F o rd yce; Secretary, C. E. Maurioe
Treasurer, General M anager and Purchasing A gen t, C. G. Convers.
H O U G H T O N , M IC H .
P o p u l a t io n 1900 w a s 3,359, a n d in 1890 was 2,062.
H O U G H T O N C O U N T Y ST. R Y —A tro lle y road.
O r g a n iz a t io n . In corporated in 1899 to build an elec tric road In
Houghton County, running through the en tire copper belt, servin g a
population o f about 75,000. In June, 1901, charter amended increas
ing stock to $1,250,000.
Date. Interest.
Outstand’g.
M a tu rity.
S t o c k a n d B on d s —
8took, $1,250,000 ($100) . .............................................. $750,000
.
Preferred, $200,000, 6% .. ......................
200,000 ......................
1st m ortgage, $750,000,
1900 5 g, J-J
625,000 J u ly 1, 1920
($1,000), g o ld ........c*. In t. at Boston Safe Dep. & Tr. Co., Trustee
Bonds—W hole issue oan be called in 1905, at $105, upon fou r w eeks,
notice.
R o a d —Owns and operates 22 miles o f track, including lines from
H oughton to H ancock and from Hancock to Boston Crossing.
OFFICERS-— President, F. .J. Bawden, Houghton, Mich.; Vice-Pres.,
Wm. O. Chapman, B o s to n ; Treasurer, H en ry B. Saw yer, Boston;
Secretary, E. W adsworth, Boston.
O r g an iz a t io n —In corporated in July, 1898. Franchise runs fo r 30
years, and perm its the ca rryin g o f freigh t and m all as w e ll as passen
gers. E. H. R o.lins & Sons, Boston, offered the bonds in June, 1902.
P o p u l a t io n 1900 w a s 44,633; in 1890 w a s 27,557:
a n d i n 1880 w a s 16,513.
STOCK & B o n d s —
Date. Interest. Outstand'g. M aturity.
Common ($500,000).......................................... $2*6,300
H O U S T O N E L E C T R I C C O M P A N Y . -A trolley
Preferred ($500,000)........................................
209,000
road.
(1 9 0 2 6g. M-N
460,000 M ay 1,1927
ORQANIZAT'ON—Chartered at Austin, Tex., on Oot. 26, 1901, and is
1st mort., $1,000,000, gold, J In terest at Union 1 r Co., San Francisco, successor
to the Houston Elec. St. Ry. Co., sold at foreclosure Oct., ’01.
($1,000) .........................o* | Trustee, at N a t’l C ity Bank, N e w York, Controls all the street railw ays in Houston. Franchise runs until
I or at com pany’s office. H onolulu.
23, 1925. Lee, H igginson & Co. o f Boston offered the bonds fo r
Bonds.- T h e $460,000 reported outstanding above includes so much Oct.
sale in May, 1902. Y . 74, p. 680. In M ay, 1902, stock and L n d s listed
o f the $145,000 earlier bonds due in 1920 as has not y e t been rx- on the Boston Stock Exchange.
changed fo r the n ew $540,000 bonds reserved lo r extensions at the
Date. Interest. Outstanding.
M aturity.
S t o c k & Bo n d s —
rate o f $15,000 per m ile, or fo r acquisition o f other street railw ays.
......
$ 2,000,000 .....................
Bonds are optional M ay ] . 1917. A sinking fund is p rovid ed which Com., $2,000,000 ($100)..
Preferred. 6% non cum.
w ill re tire all the bonds at m aturity.
........
500,000 ....................
$500,000 ($100> ...
EARNINGS— F o r 8 months ending A p ril 30, 1902, gross, $94,352; 1st mtge., $2,500,000
1
........
5
g.
F
-A
1,500,000
Aug. 1,1925
ngt, $39,153.
gold ($1,000) .s.f.e*. 1In t. at In tern ’l Trust Co., Boston, Trustee,
R o a d - Operates 8 miles o f track. Gauge, 4-ft.; 85-lb, rails; 35 vesBonds—$1,000,000 are reserved fo r extensions and im provem ents at
tibuled m otor cars and 10 trailers; 800 h. p. generator. Extension o f
per cent o f cost. E n tire issue, but not any part, can be called on
8 miles to W aikiki Beach is now under construction and is expected to 80
and after Aug. 1, 1910, at 107!2 and interest.
be com pleted in three months.
S in k in g fu n d of 119 per cent o f boDds outstanding becom es opera
OFFICERS- President, L. A . Thurston; V ice-Presid’t, J. B. Atherton ; tiv e on Aug. 1,1903, i f earned, and o b liga tory after Aug. 1,1905. See
Secretary, J. A. Gilman; Treasurer, L. T. Peck; Auditors, C. H . A ther V. 74, p. 680.
ton and J. H. Fisher; M anager. C. G. B allan tyne.—V. 74, p. 1251.
R oad —Comprises 35 miles o f track. Operates 25 cars.
E a r n in g s —F or years ending Dec. 31 o f o l d Houston Elec. St. Ry.
In 1901; Gross, $292,744; net, $124,046.
P o p u l a t io n 1900 w a s 5,671; in 1890 w a s 7,014,
OFFICERS—President. Benjam in H. D ib b le e; Treasurer, H e n ry B,
a n d i n 1880 w a s 4,530.
S aw yer; Secretary, J. W. P a y n e; Managers, Stone & W ebster, Bos
B E N N I N G T O N & H O O SIC K V A L L E Y R Y . - ton. V. 72, p. 1080. 1136; Y. 73, p. 494, 784, 957, 1112; V. 74, p. 629,
6 8 0 ,1 0 8 6 ,1 0 8 9 ,1 1 3 9 .
A tro lley road. Population served, 30,000.
O r g a n iz a t i o n — A consolidation on N ov. 9, 1897, o f the Hoosiek
R y. and Bennington E lectric RR. A line w as constructed from
Bennington to connect the roads, and a $250,000 m ortgage has been
P o p u l a t io n 1900 w a s 9,528; in 1890 w a s 9,970; *
authorized, o f which $68,000 reserved fo r future needs.
a n d i n 1880 w a s 8,670.
Dale.
.
Interest.
Outstand'g.
M
a
tu
rity
.
S t o c k & Bo n d s —
A L B A N Y & HUDSON R A IL W A Y & PO W ER
..............
Stock, com., $170,000 ($100). ............................................. $170,000
Pref., non cum., non-voting,
D efau lt and R eorga nization.—D efau lted Sept., 1901, in th e paym ent
30,000 ............. .
5 per cent ($100).............. ........
o f interest. A plan o f reorganization is proposed b y a com m ittee con
Ben. A H. V. 1st M., $250,000, I 1897 5g. J-J
182,000 Jan.1,1928
sisting o f Clinton L. Rossiter, Brooklyn; Foster M." Y oorh ees, E liza
gold ($500 and $1,000)...... ; In t. at In tern ’l Trust, Boston, trustee.
beth, N. J., and H ora ce E. Andrew s, Cleveland, which w a s given .in
HOUSTON, TEXAS.
H O O S I C K F A L L S , N. Y.
H U D S O N , N. Y.
STREET
fu ll iu tlis C h r o n ic l e in V. 74, p. 078. T h e pitta p rovid es fo r a new
Issue o f $1,800,000 4 ^ per cen t 40-vear gold nonds. o f which $300,000
arc to be reserved fo r im p rovem en ts and $2,500,000stock, o f which $1,800.000 is to be 5 per cen t non-cura. preferred . Th e tw o coupons now
In d efau lt (Sept., 1901, and March, 1902,) are to be exch an ged fo r a
like amount o i the new p referred stock. O f the $1,500,< 00 new bonds
to be issued im m ed ia tely. $1,298,000 are intended fo r the bondholders,
but the com m ittee reserves the rig h t to sell the bonds a t 92 and pay
holders in cash. Iu case new bonds are m arketed at 92 bondholders
w ill re c e iv e 4 7 4 -p er cen t ($1,195,000) in oash and 5 2 '& per cent ($1,
3<>5,000) iu preferred stock. I f the bonds are not sold, bondholders
w ill le o e iv e 51*-ioo p e r cen t ($1,298,000) in new bonds and 4.8*100 per
cent ($1,202,000) in n ew preferred stock. E x istin g com m on stock
($2,500,000) w ill get $700,000 in new com m on stock.
O r g a n iz a t io n —^C hartered A u g. 5, 1899. Is a consolidation o f H ud
son S treet R a ilw a y, Hudson L igh t A P o w e r Co., K ln derhook & Hudson
R R ., Greenbush & Nassau E lectrio Ry., Citizens* E lec tric L ig h t A
P o w e r o f Hudson and K in derh ook P o w e r A L igh t Co. A lso ow ns the
stock and bonds o f the East A lb a n y Has L ig h t Co. and the Rensselaer
L ig h tin g Co.
STOCK and B o n d s —
Dale. Interest. Out stand' g.
M a tu rity .
Stock, $2,500,000 ($100)...........................
$2,500,000 .....................
1st m o r t , gold ($1,000), J 1899 5g. M.-8.
2,500,000 Mar. 1. 1939
$2,500,000 ................ o* ) Int. at Colonial T ru st Co., N . Y ., Trustee.
N o sinking fund, and bonds cannot be called.
ROAD—O perated by th ird -ra il system from H udson v ia ReDselaor to
A lb a n y. Com prises 35 miles o f main lin e and 4 m iles o f sid
ings, w ith 2 additional m iles o f overh ead tro lle y road in Hudson.
In February, 1900, m ade con tract g iv in g it p r iv ile g e to en ter A lban y
o v e r the tracks o f the U nited T ra ctio n o f A lb a n y . O perates 35 passen
g e r cars and 18 freig h t and express cars, and 2 snow plow s. Ralls, 70
and 80-lb. steel, stand ard gauge. Supplies lig h t and p o w er a lon g route.
REPORT—F o r y e a r en din g June 30, 1901: Gross (w ith road on ly in
operation from N o v . 22, 1900), $102,810; n et (a fte r p a ym en t o f ex ten
sive dam age olaim s arisin g out o f acciden t in M ay, 1901), $10,936;
oth er incom e, $19,575; charges, $205,213; deficit, $174,701.
OFFICERS—Presiden t, C lin ton L. R osslter; V ioe-Pres., A . M. You n g;
Sec. and Treas., H. (4. Runkle, 100 B roa d w a y, N. Y .; Asst. Sec. and
Treas., Geo. U. B lakoslee; G en eral M an ager A . C. S alisbu ry.—V. 68, p.
1181; V. 69, p. 743; V. 71, p. 390. 8 0 «; V. 74, p, 678.
H U N T I N G T O N , N. Y .
P o p u l a t i o n 1 9 0 0 w a s 9 ,4 8 3 ; ( i n c l u d i n g n o r t i i p o r t )
IN 1890 w a s 8,277; AND IN 1880 WAS 8,098.
H U N T I N G T O N R A I L R O A D —A tr o lle y road.
O r g a n iz a t io n —C h artered in M ay, 1890. In 1898 the L o n g Islan d
R R . purchased alm ost the en tire ca p ita l stock, and co n verted road
in to a tro lle y line. See L. I. R R . Item , V. 66, p. 1189.
Stock ($30,000) par $ 1 0 ...$ 3 0 ,0 0 0 I EARNINGS—Y e a r en d in g June 30:
lB t m o rtgage 58, J A D ....... 26,000 |
1901.
1900.
(Due June 2, 1920.)
I G ross........... $10,564
$9,359
110 def. 1,259
In tere st is p a yable a t the A tla n tic | N e t ..............
Tru st Com pany, N e w Y o rk City. I C h a rges......
1,757
1,754
R o a d —Owns 3*18 m ile so f track. I B a la n c e ....... def. 1,647 def.3,013
Presiden t, W . H. B a ld w in , Jr., LoD g Islan d C ity; Sec*y and T rea s’r.
F ran k E. H aff, 128 B roa d w a y, N ew Y o rk .
IN D IA N A P O LIS ,
43
RAILWAYS.
IND.
P o p u l a t i o n 1900 w a s 169,164; i n 1890 w a s 105,436;
a n d i n 1880 w a s 75,056.
B R O A D R I P P L E T R A C T I O N —A trolley road.
O rganized as successor to the In d ia n ap olis A B road R ip p le R a p id
T ra n sit Co. sold at foreclosu re Ju ly, 1899. T h e In d ia n ap olis Street
R a ilw a v ow ns about 75% o f stock, but separate organ ization is
m aintained.
STOCK a n d B o n d s —
D a te.
Rate. Outstanding.
M a tu rity .
Stock $100,000 (p a r $10 0).......................... .
$100,000 ................ 1..
( 1899 5 g., J-J
400,000 Ju ly 1, 1933
M tg. gold, $400,0 0 0 ($ l,0 0 0 )c* < In te re s t at G u arantee T ru s t A S afeD e(
posit Co. (P h ila d elp h ia ), Trustee.
Bonds— A r e gu aran teed, p rin cip a l and in terest, b y In d ia n a p o lis St.
R y. N o sinking fund, and bonds can not be called.
R o a d —7 ^ m iles o f tra ck from In d ia n ap olis to B road R ip p le Park.
OFFICERS—Presiden t, John B .W arner; Sec. John D. Th om son; Treas
urer, E. B. Peck. V. 68, p. 723, 871. 927, 1225; V. 69, p. 180; V . 73,
p. 137,183.
___
IN D IA N A P O L IS
Trolley
&
E A S T E R N
IN D IA N A P O L IS
& G R E E N F IE L D
T R A N S I T . —A trolley road.
R A P ID
In N ovem ber. 1901. a c o n tro llin g in terest in this road was purchased
by the In d ia n ap olis & E astern T ra c tio n Co.
ORGANIZATION— In co rp o ra ted in In d ia n a in 1899. Franchises 50
years iu M arion County, perpetu al in H ancock Cou nty and 30 years
In c ity o f G reenfield. Serves a popu lation o f about 182,000.
STOCK <5c B o n d s —
Date.
Interest.
Outstand'g.
M a tu rity .
Stock. $ 4 0 0 ,0 0 0 ......................................
$400,000
..................
1Ht ninrt^a^n
OOO (
5 g. J-J
300,000 Jan. 1,1929
1
n* \ In t. at S avings <fe Trust Co..Trustee, C leveland
($i,u ou ), g o ia ........ o ^ o r
p ir e t N a tio n a l Bank, N ew Y o rk C ity.
Bonds— B egin n in g Oct. 1, 1904, $12,500 is p a yable y e a rly , to a
sinking fund, w ith w hich bonds b eg in n in g w ith No. 1 w ill be p u r
chased at 105 and accrued in terest
Denison, P r io r & Co. o f Boston
and C levela n d offered the bonds fo r sale.
U nder con tract w ith the stockholders, a m a jo rity o f the shares h ave
been deposited w ith the tru stee to Insure proper m anagem ent.
R o a d —O w ns about 17 Si m iles o f track, e x te n d in g from G reenfield to
Irvin gton , w here it connects w ith the In d ia n ap olis Street Ry., o v e r
whose track it operates w ith in In d la n p olls, re c e iv in g from the la tte r
tw o-fifths o f the fares w ith in the city. 70-lb. T ra il used. Owns
seven passenger and express cars and one w orkicar. In M arch, 1902,
an exten sion to K n igh tstow n w as under construction.
E arn in g s —F o r 6 months en din g Deo. 31,1901: Gross, $43,875; net,
$15,13*.
O fficers -P r e s ., F ran k M. F a u vre, In d ia n a p o lis; Vice-Pros., M ed
fo rd B. W ilson ; S ecreta ry, John F. C h ipm an .—V. 70, p. 583; V. 71, p.
1167; V, 72, p. 44; V. 73, p. 184, 1160.
IN D IA N A P O L IS G R E E N W O O D & F R A N K
L I N R R . —A t r o lle y road.
O r g a n iz a t io n —I n corporated in In dian a in 1895. A m o rtg ag e fo r
$300,000 has been authorized, but none issued to June 1902. R oad
began operations on Jan. 15, 1900.
STOCK & B o n d S—
Date. Interest. O utstanding. M a tu rity .
Stock, $285,000..............................
...........
$285,000
............
R o a d —O perates 19 m iles o f track betw een In dian ap olis and F ra n k
lin. Standard gauge. 60 lb. T rail. A n extension o f 21 m iles to Col
umbus, Ind., is proposed.
O fficers —Presiden t, Jos. E. Irw in ; V ice-P res. and M gr., W m . G.
Irw in ; Sec. and Treas., H u gh Tli. M iller, a il o f Columbus, Ind.; Supt.,
A . B. H ogu e, G reenw ood.
IN D IA N A P O L IS & M A R T IN S V IL L E R A P ID
T R A N S I T C O - A t r o lle y road.
O r g a n iz a t io n — In co rp o ra ted in In dian a on A p r il 24, 1901, to con
stru ct au electrio roa d b etw een In dian ap olis and M a rtin sville, a dis
tance o f 30 m iles A b o u t L6 m iles com pleted and rem ainder is ex p ected
to be com pleted by August, 1902.
Date.
Interest.
O utstanding.
M a tu rity .
S t o c k & Bo n d s —
Stock, $750,000 ($100) ........
..........
$750,000
..................
5 g., J-J
750,000
Jan. 1,1932
1st m tge., $750,000 \ 1902
(£1,000) g o ld ...... o* t Trustees, U nion /Trust Co. and S ecu rity Tr. Co.
o f In dian ap olis. In t. at S ecu rity Tr. Co., Ind.
Bonds—N o sinking fund, bu t bonds are su bject to ca ll a fte r 10 years
at 105 and interest.
O f f ic e r s - P resident, Chas. F in ley S m ith ; Seo. and^Treas., E m m ett
M. Smith.—V. 74, p. 94.
IN D IA N A P O L IS N O R T H E R N
I N D I A N A P O L I S S T R E E T R R .—A trolley system. CO.—
T o be a trolley road.
O r g a n iz a t io n .—In co rp o ra ted in In d ia n a, M arch 7, 1899. A fte r
T R A C T IO N —
In corporated In 1901 and purchased control o f the In dian ap olis &
G reentlcld R a p id Tran sit.
M a tu rity .
Date.
Jnteresi. Outstanding.
S t o c k & Bo n d s —
........
........
(!)
Stock, $600,000......... [
<t)
do p ref., $200,000 1 ...........................
1932
5 g.
(L
M ortgage, $200,000.. J .......
C en tral T ru st Co., N Y , Trustee.
OFFICERS— President, Frank Mans F a u v r e ; Sec., J. W. Cldpuian.
R o a d —P rojected from G reeulleld to Richm ond. Inrl. and in operation
from K n igh tstow n to G reen field.— V. 73, p. 1160; V. 74, p. 205.
T R A C T IO N
O r g a n iz a t io n —In co rp o ra ted in 1902 by the M cT u lloch syndicate,
acquiring tlie Citizens* S treet R R . ot In dian ap olis and the C ity R a il w hich also ow ns the U nion T ra ctio n Co. o f A n d erson , Ind.
road, m ade a co n tract w ith the C ity o f In d ia n ap olis a greein g to sur
ren der the rig h ts and franchises o f both com panies and accept a
n ew franchise ru n nin g o n ly th irty-fo u r years. Th e co n tract also pro
vid es th a t cash fa res are n ot to exceed liv e cents, w ith fr e e transfers,
and tickets are to be sold at the ra te o f six fo r tw e n ty -liv e cents and
twenty-five fo r one dollar.
T h e com pany also binds its e lf to p a y o v e r to the c ity (w hich is to ex
pend it on the pu blic w orks) the sum o f $30,000 y e a rly , fro m 1899 to
1925, and $50,000 y e a rly, fro m 1926 to 1932, in clu sive, the contract
e x p irin g in 1933—see V. 68, p a ge 723. Th e c ity gets the r ig h t to pu r
chase the p rop erty “ at any tim e w ith in tw o years and not la te r than
one y e a r b efo re the exp ira tio n o f this contract,** n oth ing to he paid fo r
the va lu e o f the franchise. L a w w as sustained M ay, 1902.— See V. 74,
p. 936.
A s to the three-cent-fare case, whioh the U. S. C ou rt o f A p p ea ls
decided in fa v o r o f the C itizen s’ Co. in Deo., 1897, see S u p p l e m e n t o f
N o v.. 1898, and V. 64, p. 842,1180; V. 65, p. 51, 181, 1172
G uarantees th e ($400,000) bonds o f B road R ip p le T ra c tio n Co., and
ow ns 75 per cen t o f its stock.
STOCK & B o n d s —
Date. In te re s t. O utstanding. D ivid en d s.d c 9
C apital stock ($100)....................................
$5,000,000
___
In d ia n a p olis S treet, M ., ) 1899 4 g. J - J
6,000,000
J u ly 1,1933
$6,000,000 go ld ($1,-> In te re s t a t Guar. T ru s t & S afe Dep. Co.,
0 0 0 ).......................... o* )
Ph ila., trustee.
Citizens* St. R y. consol. > 1893 5 g. M -N
4,000,000 M a y 1,1933
M. $4,000,000 g o ld ..o * > Tru stee S olicitors’ L o a n & Tru st Co. o f Phila.
In te re s t on C itizen s’ consols is p a ya b le at F ou rth S treet N at. Bank,
Philadelph ia.
T h e m o rtgage o f 1899 w as fo r $7,000,000, bu t $1,000,000 has been
canceled. N o bonds re serv ed fo r the $3,000,000 C itizen s’ consols.
Stock and bonds listed on Phila. Stock E xch an ge.— V. 69, p. 851.
R o a d —I u June, 1902, operated 142 m iles o f tra ck , w ith 280 m otor
cars.
\
EARNINGS— E or 11 months, M ay 3. 1 8 9 9 , to A p r il 1, 1 900 :
Gross
O peratin g
N et
In t. on bonds, Taxes,
Balance,
receipts.
expenses.
earnings.
11 months. 1 99.
su rp lu s.
$982,371 $506,001
$476,370
$330,000 $76,540
$69,830
OFFICERS.—P resid en t and G en ’l M gr., H u gh J. M cG ow an, In d ia n a p
olis; F ir s t V ice-P rest., J. A . Lem cfce; Second V ice-P rest., Jas. M.
Jones; T h ird V ic e - P r e s t , Joseph S.Neff, P h ila d elp h ia ; Fou rth V iceP rest., G eorge B row n: S ecreta ry. H en ry J am eson ; T rea su rer and A s
sistant Secretary. W . F M illiolland. - V. 70, p. 791, 945; Y . 71, p. 287;
V. 73, p. 138, 184; V. 74, p. 936,1196.
Has a c
qu ired the franchises o f the C e n tra lT ra c tio n Co. and the Logan sport
R o ch ester & N orth ern T ra c tio n Co., p ro v id in g fo r a lin e from In d ia n
apolis to L oga n sp ort and from L oga n sp ort through R och ester to Kend a llv ille ; 200 m iles o f road contem plated. A rran gem en ts have also
been m ade to m erge the L a fa y e tte S treet R v. an 1 to bu ild a road from
L a fa y e tte through D elphi to Logansport. N o th in g definite concern ing
the ca p ita liza tio n o f t in In dian ap olis N o rth ern T ractio n Co. has y e t
been determ ined. Th e authorized stock is $3,500,000. T h e L a fa y e tte
Street R y. has $225,000 bonds out, shown in the ta b le b elo w :
STOCK & B o n d s —
Date.
Interest. O u ts ta n d in g .
M a tu rity .
stock, $3.500,000................................. ..........
(1)
...............
L a fa y e tte St. Rv\ I s t M . > 1893
6, J & D
$225,000 June 1, 1913
($ l.0 0 0 ea .),$ 2 2 5 o o o .c * )
In t. at R ea l E sta te Tr. Co., Ph ila., trustee.
- V . 74, p. 883, 1251.
I R O N D E Q . U O I T , N. Y .
P o p u l a t i o n 1900 w a s 2,863; i n 1890 w a s 2,415;
a n d i n 1880 w a s 1,986.
R O C H E S T E R & S U B U R B A N R Y - A trolley and
steamroad.
O r g a n iz a t io n —In corporated on Janu ary 3 0 , 1900,as a successor o f
the R och ester & Iron d eq u o it R R . On A u g. 25, 1900, aoquired the en
tire ca p ita l stock o f the R och ester <fe La k e O n tario Ry. Co. and con
solidated w ith it. The branch ru nning fro m R och ester to Sum m erville
is leased to the R ochester R a ilw a y Co.
Date. Interest. Outstand'g. M a tu rity .
S t o c k & Bo n d s —
8tock, com., $70 000 ($100).
..............
$70,000
...............
P f., 5 p. c. cum. ($350,000)$100
350,000
................
1st mtffp $450 000
ooo) C^ 0 0 5 g A-O. (See te x t) J u ly 1,1930
g
* 40U' 0U°
> In t at R och ester Tr. & S afe Dep. Co.,
golQ ................................... ° - (T r u s te e .
Bonds—Bonds are issued and are held b y the tru stee as secu rity fo r
loans, w hich June30, 1901, w ere $412,970.
E a r n in g s —F o r fiscal y e a r en din g June 30, 1901: Gross, $40,706;
net, $21,763; fix ed charges, $18,485; surplus, $3,278.
R o ad —R och ester to Sea B reeze, 6 05 m iles, and from Rochester to
S um m erville, 4 m iles (double t r a c k ); sidings, *37 m ile; to ta l 15*41 m.
O fficers —President, G eo rg e W . A rch er; V ice-P rest., F red erick
Cook; S ecretary and ie n ’l M an ager, Chas. A. W illiam s; Treasu rer, F.
P. A llen , all o f Rochester.—V. 70, p. 23 L; V. 71, p. 699.
STREET
44
I R O N W O O D , MICH.
r. M Ui-Atiuji 1 0 w w a s 9,705; rs 1890 w w 7,745.
TW IN
CITY
GENERAL
E L E C T R I C '-
S t o c k a Bo n d s Dais. Interest. Oalstand’g. M aturity,
Sleek . .
.................................................. $400,000 ........... .. . . . .
Jjirts/w ,
S ........
6 3 -D
1*35.000
1916
M ortgage, $1 *5 ,000...... .. j j n t at 0 ld Colon.) Tr. 0o.,B oston, trustee.
R oad —O wns 7 *« miles o f track,
*
0 .-'COrds Pres Id nut and General Manag.-v, i: I>. Kelson; Vine
President. H. M. Hyllooby; Secretary and Treasurer, H. F. Jahn.
RAILWAYS.
JE F FE R SO N V ILLE
C ITY,
iND.
P o p u l a t io n 1900 a*as 10.774; in 1890 w a s 10,666,
a n d in 1880 w a s 9.357,
J E F F E R S O N V IL L E
C IT Y
R A IL W A Y .—
O r g a n iz a t io n --Incorporated January 14, 1889. .“ old in foreclosure
in August, 1*96, to Edv, a id Howard for $8,200.
ROAD—O perated 5 miles o f track with mules, but in Nov., 1806,11
was decided to change to t
u :• ity. Office, 57-59 Spring « t.
OFFICERS—president, L J. H ow ard; tJux>erintendeat, E. I-raster.
J E R S E Y C I T Y , N. J.
I T H A C A , N. Y .
P opulation 1900
PomLATio.N is 1*300 w a s 13,136, in 1890 w a s 11,079 ASK in
I8 6 0 w a s 9,105.
NORTH
206,433; in 18«0 was 163,003;
1880 w a s 120,722
w as
and in
JERSEY STREET R A IL W A Y —
Is controlled by the Shanie v-Young syndicate, which also controls
IT H A C A S T R E E T R A I L W A Y —
the Jersey City Hoboken a Paterson R ailw ay, the t a o to. ether owning
O r g a n is a t io n —Chartered N ov. 13,1884. Leased the Cayuga Lake practically a ll the tro lley roads In the northern part of New Jersey.
Electric R a ilw a y in June. 1894, fo r 49 years upon the terms that It The Elizabeth Pla in field .V Cent. New Jersey is an allied eorpo uion.
shall pay principal and intert at of the leased road’ s $25,000 first mort.
For reference to suggested consolidation with electric-light interests
S t o c k &. B on d s —
Date.
Interest.
Outstand’g.
M aturity. o f Northern N ew Jersey, see V. 74, p. 1140.
Stock, ^125,000,p r ,$ l00
..........................
$325,000
See text.
O rg anizatio n —In January, 1898, the North Jersey S treet R a ilw a y
1892 6 J - J
175,000 Ju ly 1, 1922 absorbed the N ew ark <k South Orange, 18 miles, ai.d in May, 1898,
1st m o rtg a g e................... S
8 K
1 In t. payable at Farm. L .& T . Co., N. Y . City. leased the lines o f the Consolidated Traction Co. lor 99 years. - V . 66.
2d m ortgage.............. 1894
6J - J
$75,000 Ju ly 1, 1922 p. 664, 955, 1141 In Feb.. 1902, decision atfii tnlng the va lid ity o f this
3d m ort., $325,000 ($100) ) 1901 6 g. J - J
50,000 Ju ly 1, 1922 lease (V. 74, p. 380), w as given, but case has been appealed. V. 74, p.
g o ld ........................... c * l Int. payable at Ithaca Trust Co., trustee.
428
CayugaL. E le c .ls tM .,g u ..
1894 6 J - D
25,000 J u n e l,1 9 2 2
R ight to Tax F ra n ih is e—In Jan., 1902, the N ew Jersey Court of
Dividend's—In July, 1895, 3 p er cent; in A pril, 1896, 3 p. o,; 1896-7 - Errors and Appeals decided ta at the local authorities could not tax
2»* per cent; in 1897-8, 2 8 s per cent; in, 1898-99 and since, none.
the com pany’s franchises. V. 74, p. 281.
Bonds Of the new 3d mtge. $300,000 w ere authorized on the prop
Proposed Tunnel Connection with _Veu> York Oily—The company has
erty Of the Ithaca St. By, and $25,000 on the Cayuga L ake E lect. By. contracted to use the proposed tunnel under the Hudson R ive r which
The Ithaca Street R ailw ay Company owns and holds In its treasury, the N ew Y ork & N e w Jersey RR. has arranged to build and the ter
the entire stock o f Brush-Swan E lectric L ig h t Co. (capital, $50,000)
minus o f which w ill be at Christopher, 10th, Greenwich and Hudson
The bonds o f the Ithaca Street Railw ay Go. cover the same.
streets. V. 74, p, 380.
R oad —Owns and operates 7-68 m iles o f track. Rails, 45 to 62 lbs.;
STOCK & B o n d s — M iles. Date. Interest. Outstanding. Lust die., etc.
8tOCk, $15,000,000......................................$15,000,000
...... „ ........
standard g a u g e ; operates 29 oars and 1 sn ow plow .
1898
4g. M-N
6,500,000 M ay 1, 1948
Earnings —F or fiscal year ending June 30, 1901, gross, $99,552; 1st M., $15,000,->___
000, g., $1,000 >
Manhattan Tru t Co., N. V., trustee.
net, $t 5,740; interest and taxes, $22,156; balance, deficit, $6,416.
)
Interest at F id elity Trust Co , N ewark, N. J.
each.................
President, Edward G. W yek off; V ice-President, R. C. Carpenter;
Secretary and Treasurer, Chas, G. H o yt, all o f Ith aca.—V. 72, p. 988.
R o a d — Owns -and operates abou 240 miles o f track.
E a r n in g s — F or calendar year com pany reports as fo llo w s :
1901.
1900.
1899.
Receipts from pa sengers ......... $1,151,410 $1,959,854 $3,737,003
21.236
32,207
20,502
T R A C T IO N
C O . - A Receipts from other sources.........
JACKSON,
D E T R O IT
&
C H IC A G O
tro lley road in process o f construction.
w e n t fo r February, 1902.
MICH.
See Street R a il w a y Supple -
J A C K S O N , MISS.
P o p u l a t io n 1900 w a s 7,816; in 1890 w a s 5,920,
a n d in 1880 w a s 5,204.
JA C K S O N E L E C T R IC R Y . L IG H T & P O W E R .
O rganization —Incorporated Ju ly 19, 1898. Con pany operates the
etreet ra ilw a y, electric light and ga « plants of Jackson. In March,
1902, it was reported that St. Louis capitalists liad purchased prop
erty, and that extensive changes w ere contemplated.
S t o c k & B onds —
Date.
Interest.
Outstanding.
M aturity .
8tock, $250,000 ($100)
..........................
$250,000
...........
1st m ortg’ g e ,$250,000) 1899
5 g., A-O
250,000 A pr. 1, 1929
($1,C00), gold.
) Int. at Memphis Trust Co., Memphis, Trustee.
S in k in g fu nd o f $1,500 per annum, but bonds cannot be called.
R oad — Opt rates 6 ^ m iles o f track.
O fficers —President, F. G. Jones; Vlce-Presl lent, H. H. C o rs o n ;
Sec. and Treas., S. T. Carnes.
JA C K SO N V ILLE
ILL.
P opulation 1900 was 15,078; in 1890 w a s 12,935, and in 1880
w a s 10,927.
J A C K S O N V IL L E
R A I L W A Y - A tro lley road.
O rganization —Chartered Feb. 25,1867. Special perpetual charter.
S t o c k & B onds —
Date. Interest. Outstanding.
M a tu rity .
Stock $50,000,par $50.............. ........... .
$33,450 f. p. ------ . . . . . . . .
1st mort., $75,000, gold.. 1892 6 g J - J
4 d ,0 (L
Jan. 1,1912
Trustee is St. Louis-Union Trust Co., of St. Louis. Mo. The bonds are
not subject to call before m aturity. R oad —Owns 5 miles o f track.
OFFICERS—President, W m. S. H ook; Secretary, Marcus H ook; Treas.
urer, Francis Hook; Supt., Edw ard B. Kirk.
J A M E S T O W N , N. Y.
P opulation 1900 was 22,892; in 1890 was 16,038, and in
1880 was 9,357.
J A M E S T O W N
S T R E E T R A IL W A Y -T io lley .
O r g anizatio n —Incorporated Oct. 18,1883. Franchise runs till 1982.
STOCK & B on d s —
Dale.
Interest. Outstanding. M a tu rity .
Stock ($250,000) par $50............................
$100,000
..............
1 st M. $300,000 gold, c‘ s'1883
6 g J -J
300,000 Jan. 2, 1923
$1,000 ........................\ Interest payable at M orton T rust Co., Trus.
Bills payable June 3 0,1901. ............................$217,328
Open accounts...................................................... 230,783
Earnings —F o r fiscal year ending June 30:
In c . & taxes.
B al., sur.
I ear.
Gross.
Net.
Other In c.
$29,274
$14,704
1 9 0 1 .. . $109,013
$42,276
$1,702
29,550
13,394
1 9 0 0 .. .. 103,47 7
41,034
1,910
pj0AD—o w n s 21-10 miles o f track, o f w hich 5 m iles is second track.
OFFICERS President, A . N. Broadhead ; Vice-President, R obert N.
M arion; Secretary, W. S. Cameron; Treasurer, S. B. Broadhead.
Superintendent and Purchasing A gen t, G. E . M altby; a llo f Jamestown.
JA N E SV ILLE ,
P opulation 1900 was 13,185;
W IS.
1890 was 10,836, and in 1880
was 9,018.
J A N E S V IL L E
S T R E E T R Y . - A tro lle y road.
O rganization —Chartered in 1886. Franchise runs t ill 1916 and
gives exclu sive rights to operate street ra ilw a y in the city.
S t o c k & Bon ds—
Mis. Date. Interest. Outstand’g. M a tu rity .
St’ ck, par $100. $17 5,000.......................- ......... $50,000f.p. ........
1st m ortgage, $75 000.... 6
1892 .6 A - O
75,000
Oct. 1, 1912
M ortgage trustee is the Finance Company, Philadelphia, Pa.
ROAD—Owns 7 miles o f track. R ail, 35-lb. T •
O fficers —President, G. W. Blabon, Philadelphia, Pa.; V lce-Pres,,
James Shearer; Sec. and Treas., E. L. Blabon.
in
Gross earnings ....................... $4,172,646 $3 992,0^1 $3,757,505
O perating e x p e n s e s .......- ............. 1,994,988
1,942,790
1,780,047
Ne* e a r n in g s .......................... $2,177 058 $2,049,271 $1,977,458
Lear lnterr si and all fixed cbaiges. 2 063,889
...........
1,890,994
Surp. carried to p rofit and loss. $113,769
...........
$86,464
OFFICERS.— President, Edw ard F. C. Young; Vice-President, D avid
Young; Secretary, W ilbu r F. Johnson; Treasurer, £. N. H ill; Auditor,
E. H. H ib b s .-V . 70, p. 6 8 4, 1049, 1L95; V. 71, p. 1121, 1270; V. 72,
p. 723, 1188; V .7 3 ,p . 1313; V .7 4 ,p . 268, 380, 428, 6 7 7 , 681, 1140.
( 1 ) C O N S O L ID A T E D T R A C T IO N O F N E W J E R S E Y —
O r g a n iza tio n —Incorporated In March, 1893. System reaches from
Jersey City to N ew ark, Orange, Elizabeth, Bloom field, etc.
On June 1, 1898, N orth Jersey Street By. assumed control under a
999-year lease. V. 66, p. 1141; v a lid ity o f lease was affirmed In Feb.,
1902. V 74, p. 380.
Dividends under lease a r e :
1899-1901,
1902,
1903-1904,
1905,
Th ereafter,
2 per cent.
2Lj per cent.
3 per cent.
3 ^ per cent.
4 per cent.
STOCK & B onds Jan., ’ 02. Date. Interest. Outstanding. Dies., etc.
Stock, all paid in ........................................
$15,000,000
8ee tex t
U nderlying bonds—see below
......
7,158,000
........
1st m ortgage, gold......... )
1893 5 g J-D
15,000,000 June 1, 1933
$15,000,000 ($1,000).. 5 Interest at M anhattan Tr. Co., N. Y., trustee.
The gold bonds o f 1893 are free from ta x and secured not only bym ortgage, but also by deposit o f $1,000,000 stock o f J. C. <fe Bergen
RR., $161,625 stock of N ew ark Plank Road Co , $6,000,000 stock
N ew ark Passenger R y., and $99,100 stock o f Jersey City H arrison &
K earney R a ilw a y Co.
R o a d .—Jan. 1, 1902, there w ere in operation 190 miles o f track,
including:
N. J. Traction Co — Stock owned. I J. C. Har. & K. R R ...S to ck owned.
N ewark Pass’ger R y.Stock owned. N ew ark Plank R oad.Stock owned.
J. C. & Bergen R R .. .Stock owned, j Passaic & N ew ark El.Stock owned.
Stock, debts and m ileage o f the leased and controlled lin e s :
Stock.
Funded debt.
Miles.
N ew Jersey T raction C o....................None
$500,000
N ew ark Passenger R y ....................... »3
6, 000,000
$5,850,000
Rapid Tran sit S treet R y ......... ........
12
504.000
500.000
Jersey City <fe Bergen R R ................... 4 1 ^
1 ,000,000
258.000
*100,000
Jersey City H arrison & K ea rn ey R y . 10
N ew ark Plank R o a d ..........................
4* b
162.000
Passaic & N ewark Elee. T ra o ........... 10%
1 , 000,000
550,000
P o rt Richmond <fc B ergen P t. F e r r y ...........
4,000 shares
* On this $18,000 has been paid in.
E a rn in gs —Since lease earnings have been included in returns of
North Jersey Street R ailw ay.
( 2 ) J E R S E Y C IT Y & B E R G E N R A IL R O A D —
R oad —O w n j from Jersey C ity to Bergen Point, etc., total track, 411*
miles. Controlled by Consolidated Traction Co., a ll the stock being
deposited as part security fo r the Traction Co. 1st m ortgage.
STOCK & B on d s —
Date.
Interest. Outstand’g.
M a tu rity
Stock............................................................
$1,000,000 f.p ....................
1st m ortgage ($1,000).. o*. 1873
7 J .-J .
258,000
Jan. 1,1903
( 3 ) N E W A R K P A S S E N G E R R A I L W A Y —Electric.
O r g a n iz a t io n —In corporated June 16, 1890. On Ju ly 29, 1893,
leased to N ew Jersey Traction fo r 999 years, and so controlled by the
Consolidated Traction Co. o f N e w Jersey, the N. J. Traction Co. h av
in g been leased to the Consol. Traction Co. o f N. J. Jan. 2,1894, fo r
999 years. Charter said to be perpetuaL
L ease , a n d R e n t a l —R ental under the lease, $105,000 yearly,
P a r. Interest. Outstanding.
M aturity.
S t o c k & B onds —
Stock.... . . . . ....................... $100 T ex t.
$6,000,000 Own. b y C.Tr,
A -O
496,500
Apr. 1,1905
Orange & N ew ark 1st M ... f f § 5 6
< § © tIn t. at M anhattan Tr. Co., N ^ Y . City.
Essex Pass. cons. M ......... 1£.£. 6
M -N
7 753,500 N ov. 1,1905
NewarkPa8S.Ry. 1st e o n .> 1,000 5 g. J - J
4,600,000
July 1, 1930
1890, $6,000,000 g.'_ _c* S Trustee Solicitors Loan & Trust Co., Phila.
Th e $6,000,000 stock is a ll deposited as security fo r the Consolidated
Traction Co. first m ortgage.
STREET
Interest on consol. 5s is p a y a b le at F irst N a tio n a l Bank, Jersey
C it y ; on oth er bonds at M anhattan Trust Co. o f N e w York. The
consols are gu aran teed prin cip al and in terest by the C onsolidated
T raction Co. o f N e w Jersey, and in February, 1895, the gu a ra n ty w ae
stamped on the bonds. V. 59, p. 969.
Consol. Bonds—O f the $6,000,000 consols, au thorized $1,250,000 are
reserved to retire liens.
R oad —January 1, 1902, aggregated 83 m iles o f track.
E a r n in g s are included in reports o f North J ersey S treet R a ilw a y and
are not reported sep ara tely— V. 59, p. 969; V. 70, p. 1049.
( 4 ) R A P ID T R A N S IT S T R E E T R A IL W A Y .
O r g a n iz a t io n —In Febru ary, 1892, leased to N ew a rk Passenger R ail
w ay, and tnoluded with it in lease to N ew Jersey Traction , and so fotn s
part o f Consolidated T ractio n system. R en tal is 113* per cen t on
stock, besides interest, taxes, etc.
STOCK. B o n d s . E t c *—P ar.
Interest.
Outstanding. L ast div., * (c.
Stock,trustees’ certs.............
113* J - D 30
$504,000
See text.
(1 ,0 0 0 5 g A - O
500,000 A p r. 1,1921
1st M. $500,000, g ..o " < Subject to call at 110 A int. any tim e a fte r A p ril
( 1,1901. In terest at office o f F id e lity T ru st
Co., T ru stee, N ew a rk , N. J.
D ivid end s o f 113* per cen t y e a rly are gu aran teed by the N ew ark
Passenger and N e w J ersey T ractio n com panies upon the tru stees’ ce r
tificates issued fo r stock. M iles o f track 12*07.
( 5 ) P A S S A IC & N E W A R K E L E C T R IC T R A C T IO N —A tr o lle y road.
O r g a n iz a t io n —In co rp o ra ted A p r il 30, 1895, and acqu ired all the
$1,000,000 stock o f the Passaio & N ew ark E lectric R y. Consolidated
T raction Co. o f N ew J ersey, which operates the road, ow n s a ll the
stock and gu arantees the bonds.
STOCK & B o n d s —
Date. Interest. O utsland'g. M a tu rity .
Stock., $1,000,000 (par $ 1 0 0 )........................... $1,000,000 .......................
1st M .,$1,000,000,guar. p&i. < 1897 5
J -D
550,000 June 1, 1937
by Consol. Trac. o f N. J ... \ Iut. at N . J. T itle Gu. <fc T r., J ersey C ity.
R o a d —Owns 10-78 m iles o f track.
E a r n in g s —N o w included in N orth J ersey S treet R a ilw a y .
NEWARK
&
HACKENSACK
45
RAILWAYS.
T R A C T IO N
K A N S A S C I T Y , MO.
P o p u l a t i o n 1900 w a s 163,752; in 1890 w a s 119,668;
a n d in 1880 w a s 55,785.
K A N S A S C IT Y
L A W R E N C E '# T O P E K A .- T o
be a tro lle y road.
O r g a n iz a t io n —In co rp o ra ted in Kansas In 1H99 to constru ct an
electric ra ilw a y fruin Kansas ( ity through La w ren ce, and the counties
o f L eaven w orth , D ouglas and Shawnee, to T o p o k a , a total distance o f
65 miles. On Oct. 14, 1899, W. E. W inn er o f Kansas C ity, purchased
the old L a w ren ce A E m porla Ry., ex ten d in g from L a w ren ce to Carbondale, a distance o f 31 m iles, and fo rm erly a p a rt o f the UDlon
Paolflo system . Tn e rails and part o f the roadbed w ill be used In the
construction o f the new road. Construction on the piece from Kansas
C ity to B onner 8prlngs was begun In Jan , 1901. M aterial fo r con
struction Is on the grou nd und w ork under w a y ; about 50 m iles o f
road graded.
Date, Interest. OutstamVg Maturity.
S t o c k s & Bonds—
$400,000
8tock, $2,0u0.000..................... .......................
\ 1899 5 A -O
100,000 Oct.2,1949
1st M., $1,500,000 ($ l,0 0 0 ).o * l In t at Colonial Tru st Co.. Trustee.
O ff icers —Presiden t, H en ry G. P ert; Bee.. C. H. Chapen; Treasu rer,
W. A . Bunker.
( 1 ) K A N S A S C I T Y IN T E R O R A N R Y .—A tro lley road.
O r g a n iz a t io n —In co rp o ra ted to bu ild a lin e con n ectin g Kansas
C ity and Sw ope Park, 10 m iles; and is to lease 8 m iles additional; 18
m iles o f road projected.
S t o c k (Sc B o n d s —
D a te.
Interest. O utsland'g. M a tu rity .
Stock, $3o0,0u0 ($ 1 0 0 )....................................
$85,000
...............
1st m o rtgage, $300,000 {
5
65,000
..........
($ 1 ,0 0 0 )...................... . \ In t. at C olonial T ru st Co., N. Y ., Trustee.
OFFICERS—Presiden t, H e n ry G. P ert; Sec., B ayless Steele.
M E T R O P O L IT A N STR EET
R A IL W
A Y —Cable
and tro lley.
O r g a n iz a t io n —In co rp o ra ted J u ly 19, 1886. In M av, 1894, the
com pany secured control, b y purchase all the capital stock, o f the
Kansas C ity El. (20*58 m iles) and assumed the debt o f that com pany.
In lik e m anner it con trols Kansas C ity & R osedale St. R y. and South
Suburban St. R y . In June, 1895, the charters o f all the constitu en t
com panies w e re exten d ed to 1925. V. 60, p. 1105; V. 67, p. 634. In
July, 1899, w as granted franchises fo r variou s new lines, the oom pany
agreein g to p a v the c ity 2 per cen t o f the cash fares co llected from
business o rig in a tin g on these lines. Th e Central E le c tric R a ilw a y (o f
16 m iles track), Kansas C ity, is also con trolled , the en tire ca p ita l stock
($2,500,000) bein g ow ned.
In 1901 absorbed by purchase the en tire capital stock o f the E ast
Side E lec tric R y., o p era tin g 4*85 m iles o f tracks, w ith bonds as below .
- V . 72, p. 775.
.
In October, 1898, P. D . A rm o u r and N orm an B. Ream purchased a
co n trollin g in terest in the stock, and in June, 1899, elected th eir ow n
board o f directors. In M ay. I t 02, th e y also purchased the holdings o f
W . H. and C. F. H olm es, and a consolidation w ith electric-ligh t in te r
ests is looked for. Y . 74, p. 988.
STOCK <Sc B o n d s —
Date. Interest. Oulstayiding. M a tu rity .
Stock (see above) .........................
Q.—F. $5,636,800 M a y,’02,1^%
C orrigan Con. St. R y. 1st > 1886 5 g J - J
706,000 Ju ly 1, 1916
M. ($1,000) drn. at 110. > In t. p a ya b le at C en tral Tru st Co., N . Y .
G eneral m ort. ($1,000,000) J 1889 5 g M -S
1,000,000 Sept. 1, 1909
g o ld ...................................\ In t. p a ya b le at N e w En glan d Co., B oston.
K. C. Cable 1st M ., ext. i n ) 1887 5g. A - O $1,050,000 A pr. 1, 1911
gold, 1897, guar. p. <fc i., > In terest is p a ya b le in N e w Y o rk by B la ir
ext. in 1901.....................) & C o .a n d in Boston b y N e w E n glan d Tr.Co.
Sum m it S treet M ., o l d )
6s e x t. in 1897 and >1887 5 A - O
$300,000 A p r. 1 ,1 9 1 1
again in 1 9 0 1 .............. )
G rand A ven u e R y. 1 s t ) 1888 5 g . J - J 10 1,200,000 J u ly 10,1908
P o p u l a t i o n 1900 w a s 35,936; i n 1890 w a s 21,805;
m ortgage, g o ld .............o s Trustee, Central T ru s t C o .,
Y.
a n d i n 1880 w a s 8,380.
M etrop lita n St.
Ry. con. i 1895 5g. M -N
'
~
4,244,000 M a y 1, 1910
J O H N S T O W N P A S S E N G E R R Y . - A tr o lle y road.
m ortgage,
$8,500,000, < N o t subject to ca ll before m aturity.
In Sept., 1901, a s y id ic a te headed by T. C. Du P o n t o f W ilm in gto n
g o ld ............................... o* ( * Int. at Old C olony Trust, trustee, Boston.
purchased a m a jo rity o l the ca p ita l stock at $75 fo r each $50 share. V. M et. S t.R y.1 0 y e a r g . notes ') 1901 5 g. J-J
2,800,000 Jan. 2, 1911
73, p .6 6 2 .
►
M a y be called any in terest day.
($500*$1,000), oonv.into J
STOCK & B o n d s —
Date. Interest. O utstanding. M a tu rity .
stock a fte r Jan. 1, 1903. ) In t. at B la ir & Co., N ew Y o rk ,
Stock, $2,000,000, par $ 5 0 ...........
T e x t.
$2,000,o< 0
...............
f 1899 5 g M -N
2,000,000 M a y 1, 1914
Cent.
Elec. R y. 1st m ort.,
1st m o rtg ag e, $ 2 5 0,000 ) 1890 6 g. M -S
229,000
1910
*2
500
000
1*1
000isold
J
I
n
t
at
C
olonial
T
ru
st
Co., N
. Y .,rtntrustee.
$Z,DUU,UUU l$l,UUU)gOia, < Bonds m ay hbe
A pallA
/1 nr.
Oft
n r iini
($1,000) g o ld _____ .. o* > In t. at F id e lity T ru s t Co., Ph L a ., Tru stee,
called
at 1105
on aany
g u a r............................. o*
Con. m tg., $800,000, gold ) 1899 4 g. J -D
L
te
re
s
t
day
on
30
days’
notice.
399,000
Deo.
1,
1929
($1,000), can be called >
Kansas C ity E le v a te d R y
any in terest d a y ........o* ) - In t. at Guar. T ru st Co., N . Y ., Trustee.
1st M. p ref. ($600,000)
1,137,000 Dec. 1, 1931
N e w m o rtg’ge, $2,000,000 ) 1901 4 g. J -D
g. ($1,000) guar, p & i.c *
1892 6 g J - J $600,000 Ju ly 1,1922
($1,000) gold ............ c*5 In t. at John stow n 1ru st Co., Trustee.
2d M. e e n ’l ($2,000,000) > 1892 4 g J - J
2,000,000 J u ly 1,1922
g. ($1,000) g u a r p. <fei. s In te re s t a t M anhattan Tru st Co., N. Y .
B o n d s - O f the n ew m tge. o f 1901, $628,000 is reserved to re tire
____ 6
....
30,000
..................
u nd erlying liens and $235,000 to p ro vid e fo r the flo a tin g debt. E n tire Pa rk Conneo.Ry., p.ttei.gu
250,000
J u ly 1,1911
issue m ay be ca lled at an y tim e at 105 upon 30 days.
E ast Side E lec. R y. 1st M., j 1901 5 g. J-J
D ivid en d s—In 1892,6 per cen t; in 1893, J u ly l , 6 p . c.; in 1894, Ju ly
$250,000 go ld ($1,000),* 1In t. a t C o lo n ia l Tru st C o .,N .Y ., Trustee.
1. 6 p. o.; in 1S95, 12 p. c.; 1896, 6 p. o.; 1897, 6 p. o.; 1898, 6 p. o.; In
n ot g u a r..................... o* ; f W m .H u ttig o f Kansas C ity is also Trustee,
j N o s .f.,b u tin a y be ca lled at par any int. date.
1899, 8 p. o.; in 1900 (on n ew stock) 4 p. c.
D ivid end s—In. 1895, 2 p. o.; in 1896, 2 ^ p. c.; in 1897, 2 p. c.; in
E a r n in g s —Y e a r en din g Dec. 3 1 ,1 9 0 i, gross, $239,522; net, $130,1898, 2 ^ p. e.; in 1899, 4 p. c.; in 1900, 5 p. o.; in 1901, 5 p. o.; in 1902,
938; in terest, $35.4 0 z; surplus, $95,536.
R o ad —Ow ns and operates about 33 m iles o f track. A n extension Feb., 1 ^ p. c.: M a y, 14* p. e.
Bonds—O f the n ew consolidated m o rtg ag e fo r $8,500,000 enough are
fro m Johnstow n to W in d b er 11 m iles w as com pleted on Jan. 1,1902.
O f f ic e r s —P residen t. T. C. Du Po n t, W ilm in gton , D el.; Y ice-P res., reserved to re tire w hen due the ex istin g bonds o f the C orrigan,
W illia m R. T lio m ts , Johnstow n; Sec.. S. E .Y ou n g, Johnstow n; T rea s., M etropolitan , G rand A v e n u e and Kansas C ity Cable issues described
H erm an Baum en, J o h n s to w n —Y . 69, p. 541; Y . 7 2 ,p. 936; V. 73, p. in the table above, am ou n tin g n ow to $4,256,000. Th e Kansas C ity
Cable and Sum m it S treet intgs. fe ll due A p r il 1, 1901, but Were e x
662, 1313.
tended b y endorsem ent fo r 10 years.
Kansas C ity Elevated Ry. 1st M. p referen ce 6s are gu aranteed,
prin cip al and in terest, by endorsem ent; so are the 2d M , gen era l 4 s.
J O LIE T ! R A I L R O A D —F o r statem en t o f this road, see T h e gu aran ty on the la tte r w as 3 p er cen t p e r annum u ntil Ju ly, 1895,
and since then 4 p ercen t. F o r fo rm o f gu a ra n ty, see V. 7 3 ,*p. 1160.
A m erica n R a ilw a y s Co. under Ph iladelph ia.
R o a d —T otal mileage, a fte r counting double track as twice single, is.
M iles.
R oa d 8 owned.
M ile s .
M a in lin e (tro lle y and ca b le)....1 3 9 K an . C. E le v a te d Ry. (tr o lle y ). 20
C en tral E le c tric R y .................. 20
M IC H IG A N T R A C T IO N OF K A L A M A Z O O
& B A T T L E C R E E K - H as been acqu ired by R a ilw a y s Com
pan y G en eral, s ee statem en t o f the la tte r under Ph iladelph ia.
T o ta l (s in g le )......................... 179
Change o f M otiv e P o w e r.- In 1898 the F ifth S treet cable lin e was
con verted In to a tro lle y road, and m an y o f the oth er cable lines have
also since been co n verted in to tro lle y , in clu d in g in 1900 the W estP o p u l a t i o n 1900 w a s 1 3 J 9 5 : i n 1890 w a s 9,025;
port and the E ig h teen th Street cable lines.— Y. 67, p. 736. In a n e w s
a n d i n 1880 w a s 5,651.
paper in te rv ie w in Deo., 1900, fo im e r Presiden t H olm es stated that
the cable lines rep resen ted an in vestm ent o f m ore than eleven m il
K A N K A K E E E L E C T R I C R Y . - A tr o lle y road.
lio n dollars, bnt th at cable tra ctio n w ou ld be en tirely abandoned.
O r g a n iz a t io n —Chartered Jan. 7,1891.
A n n u a l R e p o r t .—F is ca l y e a r ends M a y 31. Gross fo r 1900-1901
STOCK & BONDS—
M iles. Date. In terest. O utsland'g.
M a tu rity . (including other in com e), $2,666,595; in 1S99-1900,$2,353,267. Th e
Stock, $60,000 ($100).......................................
$50,000
...........
oom pany now does n ot m ake reports.
1 at,
$ ----1891
6 J-J
50,000 J u ly 1, 1911
OFFICERS—Chairm an o f B oard, P. A . Y a len tin e, Chicago ; Presiden t,
asc m o rtg a g e ................ } Trustee, the N o rth ern T ru st Co., Chicago, I1L
B ern ard C orrigan; V ice-P resid en t, L. E. James; Sec. and Treas.. W. E
R o ad —O perates 8 m iles of track.
K irk p a trick ; A u d ito r and A ssista n t S ecretary, J. A. H ard er; V. 70. p
OFFICERS—Presiden t, E. C obb; Y ice-P resid en t, Chas. H . Cobb; Sec 176, 178; Y . 71, p.1 220,1 270, 1311; Y . 73, p. 138, 1160, 1313; Y .74,
re ta r y and Treasu rer, W . C. Schneider; G en eral M an ager, C. H . Cobh. p. 988.
C O . —A tro lle y road.
O r g a n iz a t io n —Incorxm rated Feb., 1899, as a reorga n iza tion per
plan in V. e7, p. 127 (see also V. 66, p. 1090), o f the U niou T r a c tio n
Co. foreclosed Jan., ’ 99. V. 68, p. 383. T h e m ain ro u te is from H a c k
ensack (w h ere connection is had w ith N ew Y o r k v ia B e rge n County
T ractio n Co.), “ Hudson R iv e r L in e,” alon g the rid ge betw een the
H ackensack and Passaio rivers, through the tow n s o f H asbrouck
H eights, W oodridge, C aristadt, E ast R u th erford, R u th erford, Lyndhurst, K in gslan d, to A rlin g to n on the east side, about 15 m iles o f track;
at A rlin g to n connection is h a l w ith N ew a rk v ia N o rth J ersey T ractio n
Co. In June, 1900, the road w as in operation to W o o d rid ge and on
Sept. 1, 1901, co m p leted through to the E ssex S treet D epot, H a ck en
sack. V. 72, p. 821, 1030.
STOCK <Sc B o n d s —
Date. Interest. O utstand ing. M a tu rity .
Stock, $700,000 ($ 5 0 )........................................
$700,000 ..................
1st m o rtg ag e, $500,000, >
1901
5 g. J-J
See t e x t
1951
g o ld .......................... .o* s In t. at G u aran ty T ru st Co. ,N. Y ., Trustee.
Bonds—Consist o f $450,000 $1,000 bonds and $50,000 $100 bonds,
and w ere distribu ted b y the re o rg a n iza tio n co m m ittee on J u ly 1,
1901. T h e bonds issued in exch an ge fo r oertticates o f deposit under
the plan o f re o rga n iza tio n , am ou ntin g to about $300,000, do n ot bear
in terest fo r 12 months from date o f issue.
E a r n in g s . —For calen dar y e « r 1901, gross, $47,393; o p era tin g e x
penses, $36,668; surplus, $10,725.
OFFICERS— Pres., W . C. G iles, 41 W a ll St., N . Y.; Y io e-P res., D . W.
Coon; ITeas., John H . Coon; eeo., J. H . Coon J r.—V. 68, p. 383; V . 72,
p. 821,1080.
JOHNSTOWN,
PA.
J O L I E T , IL L .
KALAMAZOO,
KANKAKEE,
M ICH.
IL L .
STICEET RAILWAYS.
4(i
KENOSHA,
W IS.
P o fB iA 'r m s 1000 w w n .aoO ; iu ty&O w a« 6,532;
AND IN 1480 w as 5,0:39.
K E N O S H A S T R E E T R Y - A trolley road.
O k Qa n l ’ AT i o n I ueor-porated in 1901 to huUd a liar, 5 miles in
1. ; - tli, nU lit i‘ ii y Of K- lU 'tia, which Is expected t < be completed dur.
S i 3CK & B o n DS—
Dale, Interest. Outstanding.
M aturity
- ....... ...... I
.
...
.
000
....
1st luprivn*.*. $150,000. t 1001 5 g. M.-N.
I5t«.00 •
N ov. 1,1921
gold lil.OOO/...........<•* < Int. at Northern Trust Co,, Chicago trustee.
i,,.n j . Whine i-m i .m ini ,-ailed at any interest date on and a fte r
N ov. l , 1900, at It o. ui>on four weeks’ notice.
O f f i CERS,—P resident, Bion J. A rn old, Chicago, Stc. and Treas.
Ralph . A rn o ld .-\ ' 73 j., 1264 , V. 74, j>. 72b.
KEOKUK,
P o p u l a t io n 1 9 0 0
K E O K U K
w as
IA.
1 4 .0 4 1 ; i s 1 8 9 0
E L E C T R IC
was
1 4 ,1 0 1 ;
R Y- & P O W E R
C O --A
tro lle y road.
O r g a n iz a t io n - In corj orateil as a consolidation of all the street
railw ay and electric ligh t Interest* in Keokuk. A lso to operate tele
phone, electric light, p ow er, gas and steam-heating plants.
S toc’ K & BONDS—
Date.
Interest.
Outstand’g.
M aturity.
Stock, $400,000
.............. ...................
$400,000
..............
1st m tye . $250,000 ] 1900
5 g. J.-J.
250,000 Ju ly 1,1925
($500), gold....... . I Int. at R oya l Trust Co , Chicago, Trustee.
Bonds— O f the $ 50,0' o gold 5s, $125,000 are due July X, 1925, the
rem aining $125,000 mature in annual instalm ents va ry in g from
$5,000 to $9,000 yearly on July 1 from 1905 to 1924. inclusive. T h ey
are redeem able at option o f the com pany at 105 and interest a fter
1905.
Ea r n in g s —Of the old company before reorganization ;
Tear.
Gross.
Net.
Tear
Gross.
Net.
$25,206
1900-01..........................
$27,847 1898-99............ $53,551
19,282
46,416
1899-00............ $50,912
26,646 1897-98...... .
R o a d -—Owns and operates 8 miles o f track and has contraot w ith
oity for supplying 146 arc street lights at $60 per ligh t per annum fo r
5 years from Ma i 10,1901.
OFFICERS —President, John E. Craig; Vice-President. D. M. Farson
Treasurer. Ed. F. BrouueU; Secretary aud M anager, R. D. Manson
bupt., A S. G renier.—V. 69, p. 1148; V. 71, p. 182.
K E Y P O R T . N. J.
P o p u l a t i o n 1900 w a s 3 413; in 1890 w a s 3.411.
J E R S E Y C E N T R A L T R A C T IO N CO.-A trolley
roau.
STOCK A Bo n d s —
t a r . Interest. Oa Island’g
M aturity
stock, $750,000
................. 10O
.........
$750,000
U t M .o f’88, $850,000, gold, - $1,000 5 k .AAO
850,000 Apr. 1/38
tax Tree,,.......................
j Int. at trustee, Balt. Tr. a G il Co ., Balt.
Bonds w ill have sinking fund ut $10,000 yearly after stock pays 5
per cent dividend, but » ill nut be subject to call. An said above,
m ortgage cover n the elec trie light amt pow er plants as w ell as the
30 miles o f road
R o a d —Owns about 30 miles of tro lley road.
OFFICERS—President, R. Lancaster W illiam s, Richmond, Va,; ViesPres , A H, Rutherford; Gen. Mgr., E. C. Hath w a y: Bfeey , C, H.
H arvey; Treas , W. H. shields. — V. 66, p. 709; V. 73, p. 1112.
K O K O M O , IND.
P o p u l a t io n 1900 w a * 10,609; in 1890 w a s 8,261,
AND in 1880 WAS 4,042.
KOKOMO R A I L W A Y & L I G H T CO. -T ro lle y .
O r g a n iz a t io n —Successor to the Kokom o C ity 8t. R > . and the C iti
zens’ L igh t <te P o w er Co., which were purchased in 18* 9 at receiver’ s
sale and consolidated under the above rule, iu March. 1902, fra n
chise was extended 32 years making 50 years from date, provid in g
4 b. miles additional track was burlt.
STOCK & Bonds — Miles. Date. Interest. Outstanding
M aturity.
Stock, $80,000 ($100)....................................
$80,000 Feb.,’ 01,2p.e.
1st M tge., $100,000 i
($1,000), g ........o’ I .......... 1899 5g. J-J
80,000
fan. 1, 1919
No sink, fund and lin t , at U nion Tr. Co., D etroit, Trustee,
cannot be called. J
Road —Operates 4 7-10 m iles of track in Kokomo.
D ivid e n d —Firs t dividend paid Feb., 1901, 2 p. o.; none since.
O f fic e r s —P resident, Geo J. M arott; Vice-President L. J. Kirkpat
rick, Kokomo: Secretary-Treasurer and Gen’i M g’ r, Thos. C. MoReyn o ld s .-V . 68, p. 85,130, 282.
L A C O N I A , N. H.
P o p u l a t i o n 1900 w a s 8,042; in 1890 w a s 6,143,
a n d in 1880 w a s 3,790.
L A C O N IA STREET R A I L W A Y —
O r g a n iz a t io n —Successor to the Laconia & Lakeport St. R y .ln 1894.
Date. Interest. Outstand’g.
Last Div.
S t o c k Et c _
8tock, $l'o0,000 (par $ 5 0 )... .......................
$100,000
4%, ’94-95
1899 5 M - N
91,000 M ay 1, 1919
Bonds authorized, $91,000... ^ Int.
at Am . Loan & Tr. Co., Boston.
DIVIDENDS—In 1893-94 paid 5. c.; in 1894-95 paid 4 p. o.; none since.
Ro a d —Owns 9 m iles of traok. In 1899 the road was extended to
Weirs, 4 miles, and the en tire system equipped w ith electricity.
EARNINGS—For years ending Dec. 3 1 :
1901.
1900.
1901.
1900.
Gross............... $22,624
$26,027 In t e r e s t ............ $5,267
$4,394
N e t .................
1,323
2,843 Bal. fo r ye a r......... 3,944 def.1,55
O f f ic e r s —Pres., H . L. P ie rc e ; Treas. and Sec.,Edm und Little.
O r g anizatio n —This was form erly known as the K ey p o rt & Mattawau Street RR., a horse line, but has been operated as an electric rail
w ay sinee July, 1901, and name changed as above on Oct. 4, 1901.
(•Th is company also owns and operates the plant o f the M iddlesex
A Monmouth E'lectrio Light, H eat <fc P ow er Co., which furnishes light <
to K eyport, M attaw an and South Am boy.
St o c k & Ro n d s Date.
Interest.
Out stand" g.
M aturity.
Stock, $1,000,000..................
..........
$500,000
.................... I
P o p u l a t i o n 1900 w a s 28,895; in 1890 w a s 25,090,
1st mtge., $750,000 1 1901
5 g. M-N
350,000
N ov. 1, 1931
a n d i n 1880 w a s 14,505.
go ld .......................... t Colonial Trust Co., Plata., Trustee.
L A C R O S S E C IT Y R A I L W a y B o » d s - O t the $750,000 authorized, $400,000 are reserved fo r fu t
O r g a n iz a t io n —Chartered N ov. 17,1885. Franchise runs t ill 1938.
ure extensions; the present issue o f $350,000 applies to the existing
STOCK & B o n d s —
Date.
Rale.
Outstand’g. Last div..etc.
ra ilw a y and ligh t plants and the proposed extensions in M attaw an
and to South Amboy.
........
See below.
$200,000 f.p .
R oad —In June, 1902, was operatin g 3 miles o f road from K ey p o rt 1st mort.","$175,666i ( 1893
6g.
J
J
136,000
Jan. 1/1918
to Mattawan; extensions o f 8 miles are under construction in M aitagold, $1,000...........s
Subject to caU Jan. 1,1903.
wan and to South A m boy. Is to be com pleted by A ug. 1, 1902.
In terest at Northern Trust Co., trustee, Chicago, 111.
OFFICERS,—President, Thos. B. H all, Camden; Secretary and Treas.'
DIVIDENDS—F o r 1892, 7 per cent; 1893, none; 1894, 7 per cent; 1898,
T. H. Paist, 653 D rexel Building, Philadelphia.
7 per cent; 1899, 7 per cent; 1900, 5 per cent; 1901, 6 per cent.
R o a d —Owns. 12-19 miles in c ity o f Lacrosse.
OFFICERS—President, B .E . E dw ards; Vice-President, W. W . C a rgill;
Secretary, H. E. W est; Treasurer. R. C. W helpley.
P o p u l a t i o n 1900 was 24,535; i n 1890 was 21,261;
AND IN 1880 WAS 18,344.
K IN G S T O N C O N S O L ID A T E D R R —A tro lle y road
O r g a n iz a t io n —This Is a consolidation in Ju ly, 1901, o f the K ingston
C ity R ailroad and the Colonial O ity Traction.
P o p u l a t i o n i n 1900 w a s 41,459; in 1890 w a s 32,011,
St o c k & Bo n d s—
Dale. Interest. Oulsiand’g
M aturity.
a n d i n 1880 w a s 25,769.
Stock. $400,000 ($100)............. .................
$400,000
............ . . . .
L
A
N
C
A
S
T
E
R
C O U N T Y RY.. & L I G H T —
1st Con. M. $700,000 ) 1901 5g. J-J
534.000
Jan. 1,1 9 5 2
O rgan ization —In corporated in 1901 in N e w Jersey. Has pur
($1,000) g ...............o * ) Int. at M anhattan Tr. Co., N. Y ., Trustee.
chased the stocks o f the Conestoga Traction (com. and p ref., the L a n
Kingston City R R .-caster Gas L igh t & Fuel Co., the Edison E lectric Dlum. Co., and the
1st M.. $500 each............ 1879 7 J - J
15,000 June 12,1909
Columbia E lectric L ig h t & P o w er Co. o f Columbia, Pa., which stocks
Cons., $150,000, ($1,000) < 1893 5 M - S
135,000 March 1,1923
N o ts u b .to c a U b e fe m a t. (In te re s t at Farm ers’ Loan & Trust Co., N. Y. are placed under the new m ortgage o f 1901.
Debentures....................... 1900 5 J - D
10,000 June 1 , 1905
STOCK & B onds —
Date. Interest. Outstand’g.
M a tu rity.
Bond and m o rtgage.....
6quar.
6,000 On demand.
Stock, com. ($50), $1,000,000 ....................... $1,000,000 .............. .
1,000,000
...........
B< nd:*—$166,000 o f the new $700,000 con. m ortgage Is reserved to Stook, pref. ($50), 1,000,000............................
Mort., $1,000,000 g., $50 0,)
1901 5 g. J-J
750,000 Ju ly 1,1951
retire the Kingston City R R. underlying liens.
$1,000...........................c* s In terest at Lancaster Tr. Co., trustee.
R o a d —Combined roads embrace 12 miles o f track. R ails 70 lb. and
Securities o f lines controlled.
80 lb.
Conestoga Tract, 1st m ort...... 1900 4 J-J
1,277,500 Jan.l,L950
E a r n in g s —Combined roads in year ending June 30, 1901: Gross, L a n ca sterC ity R R .,lst M.g.o* 5 1890 5g. A -O
160,000 Apr.1,1920
$108,950; net, $31,209; interest and taxes, $13,214; balance, surplus,
($100 and $ 5 0 0 )................. ( Trustee, A tlan tic Trust Co., N ew York.
$17,995. In 1900, earned $103,955 gross and $31,437 net.
W. E. St. Ry. 1st M., $225,000 j 1891 5 M -N
225,000 M ayl,1921
$100, $50aand $1,000 . .c* ( Trustee, A tlan tic Trust Co., N ew York.
OFFICERS—President, Charles M. PrestOD, 15 W a ll St., N. Y . City;
Lancaster
&
Columbia
sto
ck
...
....................
37,500 In ’ 99-00,20%
V ice-Pres’ t. C. G. Reel; A u ditor, G. B. Te Bow , K in gston.—V. 72, p.
1st m o rtg a g e— ,.................... 1893 5 A - O
225,000 Apr. 1, 1923
184; V 73, p. 1160.
Edison Elect. Ilium . Co. m ort.......... 6
26,000 A p r. 1, 1909
Do
do
m ort.......... 5
25,000 Ju ly 1,1922
Do
do
m ort.......... 5
249,000 Jan. 1, 1925
Lan. Gas L igh t & Fuel, m o rt.......... 6
72,000 Dec. 1, 1911
Do
do
m ort.......... 5
228,000 Jan. 1,1925
P opulation 1900 was 32,637; in 1890 was 22,535;
ROAD’—On June 1,1902. owned and operated 36-48 miles o f road,
and in 1880 was 9,693.
46 78 miles, a to ta l o f 83 26 m i es, including the Lancaster City
K N O X V I L L E T R A C T I O N C O M F A N Y - A trol. leased
Street Ry., 13-55 miles; Lancaster A Columbia, 9 1 6 miles; Lancaster
ie v and electric lig h t enterprise.
On N ov. 15, 1901, control o f this property was acquired by the & La titz, 10-10 miles; Columbia & Iron ville, 3-59 miles; Columbia &
5-67 miles; Lancaster dechanicsburg & N e w H olland, 20 62
R a ilw a ys & L igh t Co. o f A m erica (see V. 73, p. 185, 1011, 1113) Donegal,
miles; Lancaster & M iU ersville R y., 3 57 miles; Lancaster W illow
through purchase o f 4,590 out o f the total 7,500 shares, and new offi Street
L am peter & Strasburg R y., 10 miles, and the Lancaster & Mancials elected as below.
lielin Ry., 8 miles, Both the la tte r tw o com pleted in 1902 and leased
O r g a n iz a t io n —A consolidation M ar. 30, 1898, o f K n ox viU e S treet fo r 999 j ears at a rental o f 6 per cent on stock.
R R ., Union Ry., Citizens’ Ry. and W est End Street R R . A ll the
Earnings —F or y e a r ending June 30, 1901,from a ll sourcSs, gross,
securities o f K n ox. Eleo. L ig h t & P o w er Co., a consolidation o f all $270,533; net, $93,988.
the ligh t and p ow er companies in K n o x v ille , are ow ned b y the T ra c
OFFICERS—President, W illia m B. G iven, Columbia; Secretary and
tion Company, and pledged as part se'curity fo r the new bonds below
Treasurer, Oscar M. Hoffman, Columbia; Gen. Supt., Frank S. Given.
described.—V. 66, p. 709.
Franchise is perpetual and gives “ p ractically e x o lu s iv e ” rig h t to
INDEX—V. 66, p. 83; V. 67, p. 1208; V. 69, p. 131,1063; V. 70, p. 175
operate street ra ilw a ys in the oity.
V. 72, p. 241, 581, V. 73, p. 236.
LA
CROSSE, W IS .
K I N G S T O N , N. Y ,
L A N C A ST E R , PA.
K N O X V ILLE ,
TENN.
STREET RAILWAYS.
( 1 ) L A N C A S T E R M E C H A N IC S B U R G A N E W H O L L A N D R V . - A
tro lley road.
O rg anizatio n —Incorporated May 16,1899. Extends from Lancaster
to New Holland, 20 62 miles; com pleted In Jan., 190). Is leased to Cones
toga Traction. Capital stock, $300,000. Stock is not owned by lessee
No bonds.
(2 )
LA N C A S TER A M T. J O Y E L E C T R IC R Y .—To be a tro lley road.
O r g anizatio n .—Incorporated to build an electric road o f 10 m iles
from Lancaster through Landlsvllle, Salunga, Mt. Joy and Florin.
Rights o f way are belug secured Capital was In Aug., 1901, Increased
to $400,000. Road Is to be leased fo r 999 years to the Conestoga
Traotion at an annual rental o f 6 per cent on the same. N o funded
debt. V. 73, p. 236.
( 3 ) E P IIR A T A A A D A M S T O W N R Y .—To bo a trolley road.
O r g a n iz a t io n —This company was Incorporated w ith $225,000
capital stock in 1902 to construct a road from Ephrata to Adam stown.
8 miles, which w ill bo leased when com pleted to the Conestoga Trac
tion Co. No funded debt.
O f f ic e r s -—President, W. B. Glvon; Secretary and Treasurer, O. M.
Hoffman; General Manager, Frank 8. Given.
47
L I M A , N. Y.
P o p u l a t i o n 1900 w a s 949; in 1 8 9 0 w a s 1,003,
and
in
1880 w a s 1,878.
LIMA-HONEOYE ELECTRIC L1GHTI& RR-
—A tro lley road.
,
Owns a m - m lle r o a d o ver p riva te right o f w a y betw een the villages
of Lim a and H oueoye Falls. Also operates an electrlo-ligbt plant,
whichsupplies light to thevlllageR o f Lim a and Houeoye. In Jan.,
1899, C. B. H ill o f Buffalo was appointed receiver and road has been
sold in foreclosure. On June 1, 1902, property was still lnfprooesa o f
reorganization, but details not fu lly settled.
L I M A , O H IO .
P opulation 1900 was 21,723; in >890 was 15,981; a n i T in
1880 w a s 7,567.
LIMA
ELECTRIC R A IL W A Y
& LIGHT-A
trolley road.
O r g a n iz a t io n —The oom pany Is a consolidation completed Aug. 1,
1900, o f the Lim a Kv (incorporated N o v 5, 1896,) and the Lim a
Electric L igh t & P o w er Co., the only companies engaged in these lines
In Lima. R a ilw a y franchises run until 1917 to 1922. L igh tin g fra n
chises perpetual. In M ay, 1902, authorized stock w as increased from
$500,000 to $850,000.
Dale. Interest. Outstand’g.
M aturity.
S t o c k & B onds —
P o p u l a t i o n 1900 w a s 20,735; in 1890 w a s 19,768,
Stook, $850,000 (par $100). ......................... $500,000 ....................
a n d in 1880 WAS 16,546.
1896 5 g. J-D
195,000 Deo. 1, 1916
Lim a Ry. 1st mort., $200,-* In t at D im e 8av. & Bkg. Co., Cleveland,
K A N S A S C I T Y - L E A V E N W O R T H RR.-Trolley.
000, gold, ($500)...........o * [
trustee; also at Fourth Nat Bk., N. Y.
O r g a n iz a t io n .—Chartered in Sept., 1901, in Kansas, to consolidate Lim a Elect. Lt. & Pow . g . ) 1900 5 g. J-D
75,000 June 1. 1917
the Kansas C ity A Leavenw orth Traction, the L eaven w orth Electrlo
1st M., $85,000 ($ l,0 0 0 )o $'In t. at Clove. Trust Co., Cleve., Trustee.
RR., the Kansas C ity-Leaven w orth Ry., the Leaven w orth A Lansing
,
, T.
( 1900 5 g. J-J
230,000 July 1, 1916
R ailw ay and the Kensington R ailw ay. In Aug., 1901, the Kansas City- L. E le c t.R y . & L t, g o ld ..o ) In t at c ie v e . T r , Co., 01. ve.. Trustee, or
Leaven w orth Ry., under the law s o f Missouri, organized a new com
lstco n . M. $500,000($o00) ^ standard T ru st Co. N ow York.
pany, known as the Inter-State A Leaven w orth Ry., w ith $500,000 2nd Consol. Mtge., $$850,-( 1902 5 g. A -O 325,000 A p ril 1, 1925capital,to build a line through Kansas City, Kan., and Into Kansas
000 g. ($ l,0 0 0 )o* .............( In t. at F id e lity Trust Co., Buflalo.Trus.
City, Mo.
Bonds—O f the first oon. m ortgage gold 5s $270,000 are reserved to
S t o c k dt B o n d s —
Date.
Interest. Outstand’g.
M aturity. retire the tw o above p rior liens. The Lim a R y. bonds m ay be called in
B’ k $3,750,000,par $100................................... ^
(1)
..............
1907 at par, on 4 weeks notice, and the Lim a Elect. Lt. & P o w er bonds
Kan. C lty-Leav. R R ......... 11902
5 g A-O $1,400,000 Sept.1,1920 m ay be called on any interest day on 30 days notloe. O f the $850,000
$2,000,000, g., ($1,000)..o* ( Int. at C ent’ l Tr. Co., Cleveland, Trustee.
consols, $500,000 are reserved to retire a like amount o f first oonsols.
B on d s-$000,000 bonds are reserved fo r extensions. Bonds cannot These bonds are a lien on the electric lig h t and heating plant, as w e ll
be called before m aturity. No sinking fund.
as on the railw ay. Cannot be called b of ore m aturity.
R o a d , E t c .—Owns and operates 391* miles o f traok, o f whioh 1 4 ^
P oad—Owns and operates 12 miles o f track. Under construction a
miles run in and around the olty o f Leaven w orth, and 25 miles be steam heating plant (franchise perpetual), to he operated in connec
tw een Kansas City and Leaven w orth. S everal la rge extensions are tion with the electric-ligh ting plant.
also proposed.
O fficers —Presiden t and G eneral M anager, Jos. B. M ayer; ViceOFFICERS-—Pres., D. H . K im berley, o f Cleveland; 1st Vlce-Pres., W. H
President, H. II. L itte ll; Secretary and Treasurer, H. St. C. Denny, a ll
Gabriel; 2d Vice-Pres., H. C. Ellison; Treas., C.O. Evarts, o f Cleveland; e f Buffalo, N. Y —V. 62, p. 502; V. 71, p. 29, 342; V. 74, p. 829, 1089..
Secretary, H erbert W. W olcott, Leaven w orth, K an .—V. 70, p. 125; Y.
73, p. 494; V. 74, p. 94.
_______
W E S T E R N O H IO R Y .-A trolley system.
O r g a n iz a t io n —Incorporated In Ohio. This is one o f the Pom eroyM andelbam n roads
Date.
Interest. Outstanding.
M a tu rity.
L E B A N O N & A N N V I L L E ST. R Y . - F o r statement
S t o c k & B onds —
see “ United P o w er & Tran sportation ,” under Philadelphia.
Stock, $3,000,000($100) .......................
$3,000,000
.................
1901 5 g. M -N
1,400,000
Nov. 1, 1921
1st M tge., *3,000,000 S In terest at Savings & Trust Co., Cleveland,
gold ($1,000)........e*£ Trustee, or F irst N ational Bank, N ew York.
Bonds—N o sinking fund, and bonds are n ot subject to call.
P o p u l a t i o n 1900 w a s 23,761; i n 1890 w a s 21,701,
R o a d —I s to operate i l l ' l l miles o f track as follow s: Lim a to Fin d
a n d i n 1880 w a s 19,083.
lay, 32-4 miles; L im a to Piqua, 47-8 miles; W apakonetato Celina, 20 4
L E W I S T O N B R U N S W I C K & B A T H ST. RY. miles; St. M ary’ s to Minster, 10*9 miles; total, 111-5 miles, o f whioh
—A tro lley road.
47 m iles in operation on June 1,1902.
ORGANIZATION—Organized in 1897 and purchased the Brunswick &
OFFICERS—President, A . E. Akins; 1st Vice-Pres., L. J. W olf; 2d
Topsham R y .,3 1* miles; also purohased the Brunswick RR.. and in Vlce-Pres., J. R. Nutt; 8ecy., H . C. Lang; Treas., M. J. Mandelbaum;
August, 1898, the Lew iston & Auburn RR., subject to $85,000 first Gen. M gr., F. D. Carpenter.—V . 73, p. 237,1209; V. 74, p. 632, 831.
m ortgage bonds; also has leased the Bath S treet Ry., 4 ^ miles, fo r 999
years, from Ju ly 1, 1898, at 4 p. o. on $100,000 stook.
STOCK & B o n d s —
Dote. Interest. Outstand’g. M aturity.
Stook, $638,3u0; par, $100................................
$627,100 .................
P o p u l a t io n 1900 w a s 40,169; i n 1890 w a s 55,154;
1st mort., $1,000,000, go ld
1898 5g.M-8 845,000 Mar.1,1918
a n d i n 1880 w a s 13,003.
U nd erlying securities—
L I N C O L N T R A C T I O N - A tro lle y road.
Bath Street R y —
Stk. au. $300,000, par $100.............. 4 J-J
$100,000
D lv., 4%
ORGANIZATION —Successor in January, 1898, to Lincoln S treet R y . ,
1st m ort., $300,000, g o ld ... 5 1893 5g. J-J
70,000 Ju ly 1,1913
foreclosed Dec. 17,1897, and reorganized per plan in V. 65, p. 277.
$1,000............................. o* i Subjeot to call a fter Ju ly 1,1898.
STOCK & B o n d s —
Dale.
Interest.
Outstand’g.
M a tu rity.
Lew iston & Auburn RR. 1st M. 1891 5 J-D
85,000 June 1,1911
Com. stock, p ar $100...............
........
$365,000
.................
O f the $1,000,000 new 5 per cent bonds o f 1898 $155,000 are held Preferred cu m u lative.............
5p. e.
700,000
.................
in tru st to retire the underlying bonds.
ls tm o rt. gold, $1,000; > 1899
5g. J-J
250,000
Jan. I, 1920
R oad —Comprises 67 miles, connecting Bath w ith B runswick, L ew is
$250,000 auth___o* 5 In t. at N. Y . Security & Trust Co., Trustee.
ton, Auburn, Turner, Sabattus, &o.
E a r n in g s —Calendar year:
1901.
1900.
1899.
E arn in g s —Y e a r ending June 30, 1901: Gross, $211,727; net, $59,- Gross earnings..................................$188,255
$163,634
$132,996
059; inoome from pleasure resorts, $8,021; gross incom e, $67,080; in O perating exp. and reconstrue.............. .......
127,388
147,931
terest, taxes and rentals, $53,998; pleasure resorts, $26,355; dettolt,
$13,273. In 1900, gross, $222,364; net, $54,774.
N e t.............................................................. sur.$36,246 def.$14,935
OFFICERS—President, H . M. Heath. Augusta, Me.; Vice-Pres., T. L.
Road —Owns about 40 m iles o f track.
Peters, N ew Y o rk City; Treas. and Gen M gr., M. I. Masson, Bruns
OFFICERS—President, M. L. Scudder; V ice-P resid ent, Wm. Belcher;
w ick, Me. G eneral Office, Brunswick, Me.—V. 66, p. 1001 ; V. 67, p. Seo’ y and Treas’r, F. H . Carter, 32 L ib e rty St., N. Y . —V.66, p. 82,134,
481,634.
.
336; V. 72, p. 1136.
LE A V E N W O R TH , KAN.
LEBANON, PA.
L E W I S T O N , ME.
LIN C O LN , NEB.
LEXIN GTON , K V.
P o p u l a t i o n 1900 w a s 26,369; i n 1890 w a s 21,567;
a n d i n 1880 w a s 16,656.
L E X I N G T O N R A I L W A Y . - A tro lle y road.
O r g anizatio n —Organized Feb. l l , 1899, as a consolidation o f the
Belt E lectrlo Line, the Passenger & B elt Ry. (fo rm erly leased), the H er
cules le e Oo. and the L ex in g to n Ic e Mannf. & Storage Co. Charter
perpetual. N ew m anagem ent assumed charge on M ay 13,1899.
Embraces a ll the street railw ays o f L ex in gton , together w ith ice
factories; also operates all the city eleotrio lig h t and p ow er business.
Com bination arranged by a syndicate represented b y John L. W illiam s
& Sons, o f Richmond, and M iddendorf, O liver & Co., o f Baltim ore, who
also control the L ex in g ton Gas Co. See V . 74, p. 1198.
S t o c k & B onds —Under the terms o f the new m ortgage a sinking
fund is provided which retires the whole issue o f bonds at m aturity.
Miles. Date. Interest. Outstand’g. M a tu rity .
8 tk ,$ l,5 0 0 ,0 0 0 ($ 1 0 0 ).....................................
$800,000
.................
Pas’ger & B elt, 1st M .) 13
1891 6 g. A -O
138,000 A p r. 1, 1916
$200,000, ($1,000) ) In t. at Am er. Tr. & S av’ gs Bk., Chicago, trustee.
New M., $1,500,000, l ..
1899 5 g. J-D $737,000 June 1,1949
g .($ l,0 0 0 )$ l,0 0 0 o* ) Continental Trust Co., B altim ore, trustee.
R oad —Operates R U j miles o f traek on 10 m iles of street. Track,
standard gauge, 50-60-lb. T rails; owns 44 cars.
L a t e s t E a r n in g s — For 8 months ending Dec. 31,1901. gross, $189,*
643; net, $77,133; in terest and taxes, $33,276; surplus, $4 3,857.
R eport —For fiscal year ending A p ril 30 ,1 9 0 1 : Gross, $233,378;
net, $92,484; in terest and taxes, $50,031; surplus, $42,453.
O fficers —President, Louis des Cognets; V ice-President. George W.
Darnall; Treasurer, R. P. Stoll; See., T. D. M urray; Gen. M gr., E. C.
H athaw ay; A ss’t M gr , R. E. Huntt.—V. 68, p. 380, 977, 1077; V. 69,
p. 229, 283, 743; V. 74, p. 1196.
LITTLE ROCK, A R K .
P o p u l a t io n 1900
w a s 38,307; i n 1890 w a s 25.874;
a n d i n 1880 w a s 13.138.
L I T T L E R O C K T R A C T IO N & E L E C T R I C -—
O r g a n iz a t io n —Incorporated 1895; controls all street rail ways in oity.
On Sept. 28,1901, was granted a n ew 50-year franchise, winch pro
vides fo r 9 miles of extensions w ithin 2 years and the equipm ent o f
the system w ith new oars. V . 73, p. 784.
STOCK & B o n d s —
Date. Interest. Outstand’g.
M aturity.
Stock, $500,000: par $100............................
$500,000
...........
1st mort.bonds,$410,000,g. 5 1895 6 g. J-D
410,000 June 1,1915
(see te x t), $1,000 eaek.e* I In terest at St. Louis Trust Co., trustee.
2dM.,$200,000, g.($ l,0 0 0 ) 5 1895 6 g. J-D
200,000 June 1, 1915
red. after 5 vears at 104 \ Old Colony Trust, Boston, trustee.
Bonds—Firsts, Nos. 1 to 300, redeem able a fter 10 years from their
date at par, hut redeem able before 10 years at 102; balance are 20year straight.
•
R o ad —Operates 23 m iles o f track.
O ffic ers —President, W , E. H em ingw ay; General Manager, J. A,
Traw iek; Vice-President, Oscar Davis; Secretary. G. B. Rose; Treas
urer, Charles F. Pen zel, all o f L ittle Rock. A rk .—V. 60, p, 1009; V. 70,
p. 945, 1095; V. 71, p. 342; V. 73, p. 784, 1089.
LO C K H A V E N , PA.
P o p u l a t io n 1900
w a s 7,210; i n 1890 w a s 7,358; a n d i n
1880 w a s 5,845,
S U S Q U E H A N N A
T R A C T I O N —A tro lley road.
O r g a n iz a t io n —TM s com pany was organized in 1900 as successor
to the Lock H a ven Traction, w hich w as sold at foreclosure in M arch,
1899.
STKEET RAILWAYS
IS
Interest. Qutsturut'g,
M a tu rity .
Date,
Sr
.% 8 u n D S — D i e ,
Interest.
O utstanding.
M aturity,
S t o c k & Bonds—
...........
$3,100,000 ................... .
Mlock, F5,000,000 ($ 1O0j .......
m u o i, $20 >,000 ($50)
.
$200,000
.... 5J& D
50,000
1925
1895
U t iu U « . *100,000 S 1000
5 k. M N
100.000
M ay 1, 1930 Klu*h, A CoLL P L 1st M.
5 JAD
150,000 Dec. 1. 1924
K cW tow ii h y l d M . , . ,
1894
gold* $500 .........o M
lu l at P r o v id e n t idle. & T l Go,>P h ila ,, trust,
tig. J - J
1,500,000 July 1, 1922
1892
£ a HWo n QS— For fi&e&i y e a r ending June 30, 1901; gross, $20,228; I Stein w ay R y , L t M ., gold J/ lo
t. ai M o t on T r im
trustee, N. Y . City,
$1,000
___ ’
net, $2,700; in terest, taxes, etc,, $2,188; wurplu*, $512,
v V
r
1 tv i /
1-896
4 g A -O
1,.300,000 Oct. 1, 1946
/
R o a d —O wn* a n t o p i a t e s 6 m iles o f track:.
N‘
>Ciuarant-e. Tr, A 8. P Go , Ph ila., Trustee,
gold, $l/ >oo ell l h ---^ lu t at uffiee o f coin pan} , Philadelphia,
O f f k . cHs - Bivs. and Trt>aa., Jacob Snort. M anager, F ra n k Andes,
U nder the N ew Y o r k A Queen* County m o rtgage there were o rigin
both ot Luck Mjfcvem —V, 70, p. 633, 017.
al iy $2,500,Or 0 bonds out la n d in g but the com pany h aving devaulted
___ —
In the pay m erit Of inter-:A , a reorganization w ie made, under v. Lieh the
holders rturrvadertid > i ,v0o,0oo; inter- -i was reduced t o 4 p tr cent,
and the G uarantee T r A v-afe Pep. Co , Phila., was m ade the ne w m i t
P o p u l a t io n 1900 w a s 8,872 - in i« 9 0 w a s 7,231; in 1880
ten.—V. 69, p. 906.
WAS 3,833.
R o a d —T he system , w ith the n ew ly acqu ired Queens R y., em braces
A T LA N T IC COAST ELECTRIC R R .- T r o lle y .,
71 22 m iles o f t r o lle y tra ck , me 1m ling main line, 40* j 7 m iles; second
t* R e c e iv e r s h ip . - O n N o v . i , 1901, com pany d efau lted on the in te rest track, 27*56; sidings, 3*48. R a ils 77 to 93 lbs. standard gauge; o p er
on the $1,000,000 bonds and also in the ren ta l p a ym en t u n d er the ates 214 closed and open m o to r cars, 30 oth er «•. rs and 21 fre ig h t ear*,
Seashore E lectric Ky, leas© Jan. 1, 1902, d efa u lted oh gen. m tge
snow plow s, A c.
In terest B on dholders' p r o te c tiv e com m ittees h a ve been form ed fo r
REPORT fo r fiscal y e a r en din g June 30, not in clu d in g Queens Ry :
both the first m t* e. bonds and the gen. m tge. bonds, deposits o f the
Gross.
Net..
Olh. vnc. In t. dttaxes. Bulan t.
fo rm e r b ein g made (V 73, p 1263) w ith the Tru st Co. o f N orth
$223,680
$5,283
$173,740 nr.855,223
A m e ric a , Ph ila., and o f the gen. m tge. bonds (V. 73, p. 1312) w ith the 1900-1........... $189,017
212,319
5,603
142,729 sr $75,213
In ves tm en t Co. of Ph iladelph ia. Feb. 1, i902 ex U. a S enator Jam es 1899-0.......... 462,844
179,621
24,684
277,l i d d f.72,811
1898-9.......... 422,543
Sm ith Jr., o f N e w a rk , was appointed re c e iv e r p en d in g foreclosu re.
OFFICERS—Presiden t, W. H sh elm erdin e, 421 Chestnut 8L, P h ila
“ O r g a n iz a t io n —I ncorporated in M ay, 1895. Leases the Seashore
E lectric Ky. o f Asburv' P a rk until J une 6,1937, at $10,000 p er yea r and delphia; V ice-Frest. A Gen. M gr., J R. B eetem ; Secy, and Treas ,1. M.
ow ns $150,000 o f the $200,000 to ta l capital stock o f la tte r com pany T rirt, 7 *k 9 Borden A ven u e, L o n g Islan d C ity.— Y. 70, p. 125, 176; V.
(m akin g net rental $2,500) and owns a ll o f the stock o f the W est End 71. ik 3 3 9 ; V, 72, p. 283, 339, 873; V. 73, p. 614; V . 74, p. 988, 1139,
& L o n g Branch Ky. and o f the Asbur v P a rk <&Sea G irt RR.; th e fo rm er 1140, 1197.
is leased from A u g. 3, 1896, u n til J u ly 17, 1945, at a n om in a l ren tal,
and the la tr r fo r 99 years at 6 p e r cen t on stock from A u g. 27, 1-98.
A lso owns en tire stock ($100,000) o f the A tla n tic Coast E lectric L igh t
Co,, w hich supplies the e le c tric lights o f A sbu ry Park, A lien h u rst,
POPULATION 1900 WAS 16,028; IN 1890 w a s 4,863;
B elniar, Ocean Beach, Como and Spiting Lake.
AND IN 1880 WAS 1,595.
S t o c k & Bo n d s —
Date.
In te re s t. OutstantVg.
M a tu rity .
L O R A I N S T R E E T R A I L W A Y - A tr o lle y road.
Stock, $ 1 ,5 0 0 ,0 0 0 ($ 1 0 0 )........................... $1,500,000
.....................
Tom L. Johnson con trols road. R eb u ilt in 1900 out o f proceeds o f
1st mort., gold, $1,000,- > 1895 5 g. M -N
800,000
M a y 1, 1945
new bond issue.
000..............................S In t. at K n ick erb o ck er Tr. Co., N. Y ., trustee.
STOCK & B o n d s — P a r. Date. Interest.
Outstand'g. M a tu rity .
~
aaa
5 1696
5 J -J
500,000
1946
Gen. m ort., $.j00,01 - - ^ in te re s t at G u aran ty Tru st, N. Y .
Stock $ 7 r,0,000 ...
$100 ..........................
$750,000 .....................
1st M., $200,000... 1,000
1894
6 J-J
200,000 Jan. 1, 1915
Seashore E l. K y. stock ...........................
200,000
.....................
In terest Guardian T r Co., C leveland, Trustee.
K ^ h o r e E lectric R v ( 1892
6 *• J ' J
200,000
1917
350,000 N o v. 1, 1949
M e * y » A CAnn 1 ^ Int. at L t N a tio n a l Bank, A sb u ry P a rk , N. J. Cons. M., $750,000, 1 1,000 1899 5g M -N
is t >1., *-u u ,u u u ....... { Subject to c a ll at 105 in 1897.
gold $1,000...... c* >
In t. at G u aran ty T ru st Co., N. Y ., trustee.
A sb u rv Pk. A S. G stock - A l l ow n ed by A tla n tic Coast E le c tric R R .
Bonds—O f the con. m o rtg a g e fo r $750,000, $200,000 is held to take
As. P. & S. G. 1st m ort. > 1898
5 g. M-S
50,000
1918
up first 6s and $200,000 fo r im p rovem en ts and extensions
$50,000, gold, can be [ In tere st at M onm outh T ru st & Safe D ep o sit
R o ad —O w ns road 9*6 m iles in length, ex ten d in g through the c ity
can celed at 1 0 5 ___ c ) Co., A sb u ry P a rk , Trustee.
o f L o ra in to E ly ria ; sidings, tw o miles; to ta l track, 11*6 m iles. O f
the track 7*8 m iles is on p r iv a te rig h t o f w a y (lan d ow n ed in fee sim
A *.50o’ e(X) s 16 S abloet to b a l'i (
5 J' D
241,000
June 1 ,1 946 ple); rails, 70-lb. T and 85 lb. girder.
a t 105 in HU)! Ub^00t t0 tal1 ^ In tere st at M orton T ru st Co., N. Y .
E ar n in g s —F o r the past 5 years h ave been :
“ O ther d e b ts ” (D ec. 31, 1901) ...........
319,000
1900.
1899.
1898.
1897.
1896.
B onds—O f the $1,000,000 firsts $200,000 are reserved to re tire a G ro ss......................... $92,482
$98,429 $64,455
$48,553 $54,621
lik e am ount o f Seashore Ry. 6s, subject to ca ll at 105 in in 1897.
51,>533
33,579
22,840
12,694
N e t (a fte r t a x e s ;...... 38,253
R oad —B elt L in e in A sb u ry P a rk and e x t e n t s from A sbu ry Pa rk
OFFICERS—Presiden t, P ie r re S. D u Pon t; Sec. and Treas., W m. A .
through L o n g Branch to Pleasu re Bay, about 24 m iles, o f w hich 10 12 Donaldson.—V. 69, p. 1346.
m iles is o v e r p riv a te rig h t o f w ay. V. 66, p. 616. Connects at L o n g
Branoh w ith Iron Steam boat Co. fo r N e w Y o rk .
/------------------ Gross.--------------------------E a r n in g s —Y e a r en d’ g Sept. 30.— 1901.
1900.
1899,
R a ilr o a d ...................................... - ...... $226,695
$212,111
$204,568
P o p u l a t i o n 1900, 102,479; i n 1890 w a s 50,395; a n d i n
L ig h t in g ................................................
63,955
63,059
58,970
1880 w a s 11.183.
Pleasu re B a y ..................... ................................
55.358
53,887
LONG
BRANCH,
N. J.
L O R A I N , O.
LOS ANGELES/ CAL.
PA C IF IC
E L E C T R IC
R Y . -A trolley road.
O r g a n iz a t io n —T ais com pan y w as in corp o ra ted under the law s o f
C a liio rn ia in 1901, and Is a consolidation o f ih e Los A n geles & Pasa
dena E le c tric R y., P a «a d m a & M ount L o w e R y., P a cific E le c tric o f
N e t ..........................................................$146,565
$138,918
$133,390 Arizona, the E ast N in th St. R y., the T em p le St. Cable R y., the BrookO FFIC ER S - Presiden t, W illia m E. B enjam in, 32 B ro a d w a y, N. Y .; lv n A ve. Ry. and the Santa A n n a & O ran ge M o tor Ry., com prising
Treasu rer. A. C. T w in in g , A sb u ry P a ik , N v J.; S u p t , 8. F. H a z e lrig g .— n ea rly a ll the interu rban lin es in and around L o s A ngeles. Controls
R iv e M d e & A rlin g to n Ry. In Feb ru a ry, 1902, the first in stalm en t o f
V. 65, p. 8 6 7 ; V . 73, p. 1060, 1263, 1312; Y . 74, p. 150, 325.
10 per cent w as m ade on the stock.
Date. Interest. OutslanrPg M a tu rity .
S t o c k & Bo n d s —
M O N M O U T H C O U N T Y E L E C T R I C CO..........................
$ 1, 000,000 ...........
O r g a n iz a t io n .—I n corporated A p ril, 1, 1901, as a re o rga n iza tio n o f Stock, $10,000,000 ($ 00).
Consol, m ortgage, $10,000,000,
1902 5e. J. J. 2,156,000 Jan.1,’42
the A tla n tic H igh lan d s R ed Bank <fe L o n g Branch E le c tric R y.
Int. at Union Tr. Co., San Fran., Tru.s.
gold, ($1,000)................
c
STOCK & B o n d s —
Date. Interest. Outstandyg. M a tu rity .
L o s A n g . & Pas. M., $1,000,000,
1898 5g. J.-J.
1,000,000 J a n .V 2 8
Stock, $500,000 ($ 5 0 )................................
$400,000
...................
gold, guar. ($ ,000y .
c*.
1st m ort., $500,000 ($100 \ 1901 4 g. J-J
400,000 A p r. 1,1951
Can be cal ed a ft r Jan. 1, ►Int. at 111. Tr. & Saw bk..Chic.,Trustee,
o r at Chase N at. Bank, N ew York.
and $1,000) g o l d ........... c* $ In t. at H a m ilto n T r. Co., B ’klyn , trustee.
1903, at 103.
Pas.
&
Mt.
L.,
in
o
it.,
$300,000,
ROAD— R ed Bank to L o n g Branch, 6 ^ m iles, and 2d track, 2L* m iles,
1900 4g. J.-D.
500,000 J u n e l,’30
go ld (S i,000) ....... ... . c*
in L o n g Branch, 3 m iles; In R ed Bank, l 3^ m iles; to ta l, 13h2 miles.
In tere st at U aion T ru st Co., San
Can be ca lled a fte r 1910 at
E a r n in g s —F o r calen dar ye a r 1 90 1: Gross, $36,333: net, $10,644.
Francisco, Trustee.
104 and interest.
O f f ic e r s —Pfres’t, W illia m F. H gan, B roo k lyn ; Sec and T rea s.,
Bonds
A
sufficient
am
ount
o
f
the
$10,000 000 consols is reserved to
L in die v M Garrison, Jersey City; Supt., W illia m J. G in navan . G eneral
re tire p rio r issues. S in k in g Fun d is $>,000 per annum, com m encing
offices, R ed B a n k .- V . 66, p. 1043; V. 67, p. 1054; V. 72, p 86, 391.
Jan. 1, 1907, fu r 5 years; then $10,000 per annum to Jan. 1, 1917;
$15,000 per annum to Jan. 1, 1922; $20,000 p er aonum to Jan. 1,
le 2 7 ; $25,000 p er annum to J a n .T , 1932; $30,000 per annum to Jan.
1, L 3 7 , and *35,000 an n u ally th e rea fter, said sinking fu n d to be used
in the purchase o f the oonds, but fu n d m a y be in vested in oth er secu
L O N G I S L A N D E L E C T R I C RY.-Trolley.
rities i f bond* cannot be obtain ed at par. T h e bonds o f the L o s A n
O r g a n iz a t io n —Ch artered on M arch 5 ,1 8^4. In 1899 w as con soli geles <fc Pasadena bear the gu aran ty o f the L o s A n g eles R y. b y endorse
dated w ith th e N e w Y o r k & N o rth Shore R a ilw a y , but in 1901 this ment. A sin kin g fu n d o f $10,500 per y e a r oo those bondsv begins Dec.
con solidation w a s dissolved.
1,1903, and bonds m a y b e called at 105 on any in te re t date a fte r Jan. 1,
In O ctober, 1899, the A p p e lla te D ivisio n o f the Suprem e Court
1908. T h e bonds o f the Pasadena & Mt. L o w e are guaranteed, p rin c i
upheld th e rig h t o f the L o n g Isla n d E le c tric under the G en eral R a il
p a l and interest, by both the Los A n g eles R y. and the Los A n g eles &
roa d la w to run cars ca rryin g express m atter. Y . 69, p. 741. D ecision Pasaden a E eetric R y . A sinking fund fo r those bonds com m ences
w as affirm ed by Court o f A p p ea ls in June, 1900. V. 70, p. 1249.
a fte r 10 years fro m date o f bonds o f $5,000 p er annum fo r
STOCK & B o n d s —
Date.
In terest.
O utstand’g.
M a tu rity . first 5 years, $7,500 p er annum fo r secoDd 5 years, $10,000 p e r an
Stock, $1,500,000 ($100) ........
.............
$600 000
..............
num fo r n ex t 5 years and *12,500 per annum fo r rem ain in g 5 years.
L. I. El. 1st M., $600,000 > 1895
5 g. J -D
600,000 June 1, 1 925 These bond** m ay be ca lled a fte r 10 years on any in te rest date upon 4
w eeks’ n otice a t 104 and interest.
($1,000).....................c* > In t. a t H a m ilto n Tru st, B roo k ly n , Trustee.
E a r n i n g s — For'M arch , 1902, first m onth o f operation, w ere, gross,
E a r n in g s .—F o r y e a r en din g June 30, 1901 (w hen th e s ic ru le s
fro m F lu sh in g to Jam aica, n o w con stitu tin g the Queens R y. w as still $49,552; net, $26,839.
o p era ted ), gross, $117,482; net, $35,575; fix e d charges, $34,291; bal.
R o a d - W h en extension s are co m p leted w ill com prise about 442
ance, surplus, $L,284.
mib-s o f track. In June, 1902, 95*15 m iles w ere com pleted, in clu d
R o a d .—C om prises about 27 m iles o f road com pleted and in opera in g a lin e o f 21 m iles fro m Los A n g eles to L o n g Beach.
tio n from Crescent A ven u e, B roo k lyn (at* the term inus o f the K in gs
OFF-CERS—Presiden t, H . E. H u ntin gton; Y i c —P ie s , and Gen. M gr.,
C ou nty E le v a te d ), to Jam aica, H o llis, Queens and F a r R o ck a w a y.
E pes R andolph; fcec., E d w a rd E. B a c o n .- Y . 74, p. 427, 528, 884.
OFFICERS.—Presiden t, Chas. A . P o rte r, G ira rd B ld g., Philadelphia*
Y ice-P resid en t and Gen M gr., W in F. H ogan, Jam aica, L I.; S ecretary
LOS A N G E L E S R A I L W A Y —
and Treasu rer, Chas. S. D avis. G en eral Office, W ash in gton and South
This roa d is co n trolled by in terests id en tified w ith th e n ew P a cific
Sts , Jam aica (L. I.), N. Y . - Y . 70, p. 125, 532, 1249; Y . 72, p. 1136;
E le c tric R y., w hich see above.
V . 73, p. 392; V. 74, p. 988, 1139.
O r g a n iz a t io n —Successor b y con solidation Sept. 29, 1893, o f Los
Amgeles R y. and M ain St. & A g r ic u ltu r a l P a rk R R . and b y purchase o f
N E W YORK & QUEENS COUNTY RY —
O r g a n iz a t io n — I n corporated June 29,1896, and purchased the v a the M ateo St. R R . and San P ed ro St. R R . V . 68, p. 85.
In 1899 acqu ired co n trol o f the L o s A n g eles & Pasaden a E le c tric
rious liues o f ra ilro a d in L o n g Isla n d C ity kn ow n as the S tein w a y
R y., th e L. I. C ity & N e w to w n R y . and the F lu sh in g & C o llege P o in t R y., re c e iv in g the stock o f the road in consideration o f the gu a ra n ty
R y. I n M ay, 1902, the Queens B y. w as consolidated w ith it, and o f the bonds. In June, 1900, Pasadena.& M t L o w e w as acquired. B oth
thereu pon in creased its stock fro m $2,500,000 to $5,000,000. Th e roads h ave n ow been sold to the P a cific E le c tr c R y.
STOCK & B o n d s —
Date. Interest. Outstand'g. M a tu rity .
Queens R y . succeeded to the p ro p e rty sold at foreclosu re o f the N e w
Y o rk & N orth Shore R y., com prisin g a lin-3 o f six m iles from Flu sh in g Stock, $5,000,000 (par, $100). ........................ $5,000,000 ..................
4,520,000 Oct. 1, 1938
to Jam aica, w ith franchises fo r lin^s b etw een F la sh in g and C ollege N ew m ort., $5,000,000 gold $1898 5g. A - 0
$1,000 each
................. c*1 In t ’ st at Co’ s Office, San F ran cisco, Cal
P o in t, Flu sh in g and B a ysid e and Manhasset. Y. 74, p, 1L97.
T o t a l ................................................ $290,650
O p era tin g ex p en ses............................. 144,085
LONG
IS L A N D
$330,528
191,610
$317,425
184,035
C I T Y , N. Y .
STREET RAILWAYS.
The Trustee o f th e new m o rtg a g e o f 1898 1b the Union Trust Co.
o f San Francisco, Cal.
On 30 days* n otice in terest m ay be made
p ayable at the N a tio n a l C ity han k, New Y o rk .
L a t e s t E a r n in g s —Janu ary 1 to A p ril 30:
1902 .........................................................Gross, $437,0*7; net, $180,789
1 9 0 1 ......................................................... Gross, 332,814; net, 127,865
E a r n in g s —V e a r 1901, gross, $1,087,417; net, $445,850; llx ed
charges, $242,544; surplus, $203,312,
R o a d —Com prises 96*92 m iles of road.
OFFICERS—Presiden t, H . E. H u ntington;
V ice-P resid en t, Ch. de
Guigne; *Al V ice-Preat.. O. W. Smith; Treasu rer, I. W. H eilm an ; S ecre
tary, E. B. H o lla d a y , San F ra n c is c o ; Gen. M anager, J. A . M uir, Los
Angeles.
INDEX-V. 67, p. 634, 789; V. 68, p. 85, 673; V. 70, p. 1149, 1150; V.
73, p. 1208.
LOS
ANGELES
steam road.
PA C IF IC
RR
-A n
electrio
and
O r g a n iz a t io n —O rganized .Tune 4,1898.
STOCK <Sc B o n d s D ate. Rate, O ulsiand’g.
M a tu rity .
Stock, $1,500,000; par. $ 1 0 0 ......................... $1,500,000 ................
1st M .#$1.000.000,g . ($ l,000) 1898 5J/cAD/o 1,000,000
192R
1st oonsol. m ort., $500.000............
5 A .A O .
200,000
1931
ROAD—Owns tw o lin es o f tro lle y road from Los A n g eles to Santa
M onica, the en tire local system o f Santa M onica, w ith branch lines to
H o lly w o o d , L a u rel canyon, Santa M onica canyon, S oldiers’ H om e,
E lysian Park, Ocean Park and In gle w o o d , constitu ting about 82 m iles
o f ra ilw a y o f which GO m iles electrio, 17 m iles steam and 5 m iles horse
ra ilw a y . C o n tra ct has been let fo r construction o f 40 m iles o f new
lines to Santa M onica Canon, B allona, lle rm o s a and M anhattan
Beach. H as 56 m o tor cars. 10 coaches, and 20 flat cars; tota l, 86 cars;
2 lo com otives. O perates 2 la rg e p o w er houses at Sherman and Ocean
P a rk , w ith m achine shops and oar shops at Sherman.
OFFICERS-P r e s id e n t and M anager, E. P. Clark; V ice-P resid en t and
M anager, M. L Sherman; S ecretary, A . I. Smith; Treasu rer, M . E.
H am m ond; Superintendent, W . D. L a rrab ee.—V. 66, p. 1140.
LOS A N G E L E S
T R A C T I O N - A tr o lle y road.
O r g a n iz a t io n , E t c .—Ch artered in 1895; fran ch ise runs u ntil 1944.
STOCK AND BONDS—
Date. Interest. Outstand'g. M a tu rity .
Stock, $500,000 .. ........................................... $500,000 .....................
1st uiort., $250,000, gold { 1895 6 g., M -N
250,000
M ay, 1915
($ 1,000)................ . . .1 U nion Tru st Co., St. Louis, trustee.
1st consol. M., g o ld ,$250,-5 1898 5 g.. J - D
250,000 D ec. 1,19.18
000 ($1,000)................... \ St. Louis U nion Tr. Co., St. Louis, trustee.
In tere st o f both m ortgages at Chase N a tio n a l Bank, N. Y\
R e p o r t - Y e a r en din g D ecem ber 31:
Gross
O p eratin g
Net
T e a r—
ea rnings.
expenses.
e a rn in g s
1901.......
$220,783
$137,048
$83,735
19u0............................................ 191,847
136,238
55,609
125,296
38,053
1899............................................ 163,191
R o a d —Owns and operates 26 m iles o f traok laid w ith 60 and 70-lb. rail.
A n exten sion from Los A n g eles to San Pedro, 20 m iles, is bein g b u ilt
under n a n i) o f C a lifo rn ia Paoitio R y., a n l which, w hen com pleted, w ill
be operated as p a rt o f the Los A n g eles fr a c tio n Co. S y stem
O f f ic e r s —President, Thom as J. H o o k ; S ecretary, M arcus H o o k ;
M an ager, W . S. H o ok .—V. 74, p. 427.
LO U ISV ILLE ,
KY.
P o p u l a t i o n 1900 w a s 204,731; i n 1890 w a s 161,129,
a n d i n 1880 w a s 123,758.
L O U IS V IL L E
49
LYNCHBURG, VA.
P o p u l a t io n 1900
w as 18,891; in 1890 w a s 19,709;
a n d in 1880 w as 15,959.
LYNCHBURG
T ro lle y .
T R A C T IO N
&
LIGHT
CO-
O r g a n i z a t i o n —This Is a consolidation on M ay 1,1901, o f the L y n c h
bu rg E lectric R y.
L igh t; the L yn ch bu rg A R iV erm ont fit. Ry. (fra n
chise perpetu al) and the Lyn ch b u rg Gas Co., and com prises all the
street ra ilw a ys, gas w orks and electric-ligh t plants or Lynchburg;
population served, 28,000.
Date. Interest.
Outstanding.
M aturity.
S t o c k a n d Bo n d s —
.......
$750,000
...............
Stock, $750,000 ($ 1 0 0 )... .....
1901 5 g. M -N
639,000
M ay 1, 1931
1st m ortg., $1,000,000, ^ Real Eat. Tru st Co , Phil a., Trustee.
s. f. ($1,000) g o ld ...e * ji In t. at R. M. Jann ey <fc Go., Ph iladelph ia.
111,000
1930
Lynch. Gas Co. 1st M ....... . . . . 5
Bauds O f the 1st m o rtg a g e bonds $111,000 are reserved to retire
bonds o f lik e amount o f Lyn ch b u rg Gas Co., due 1930. S inking fund
o f 1 per cen t per annum becom es o p e ra tiv e In 1906; which is increased
in 1916 to 1 ^ per ceuC. E n tire issue can he ca lled at any tim e.
E arn in g s —Y e a r ending A p ril 30, 1932, net, $51,234; in terest
charges, $37,5 30; surplus, $13,731.
ROAD—Owns and operates 14 m iles o f road in c ity and suburbs.
OFFICERS—President, R. D. A p re rs o n , Lyn ch bu rg, V a.; S ecretary
and Treasu rer, F. H. Shelton. 112 No. Brou l St.. P h lla .—V. 72, p. 873
______
-
M A C O N , GA.
P o p u l a t i o n 1900 w a s 23.272; i n 1890 w a s 22,746;
a n d IN 1880 w a s 12,749.
MACON
C O N SO L ID A T E D
STREET
R R .-
O r g a n i z a t i o n —Controls and op era tes the M etrop lita u S treet R a il
w ay, which la tte r nas no bonds outstanding.
Date.
Interest.
Outstand 1g,
M a tu rity .
S t o c k a n d Bo n d s —
Stock, $500,000........... ..........................
$50o,000
..............
R ef.M ,$350,000,g o ld ,) 1899 5 g., M.-S.
350,000
M
a
r .l,1929
($ l,0 0 0 e a c h ),s u b j.to >
Old C olony Tru st Co., Boston, Tru stee.
ca ll aft. M a r .l,1904.c* )
R o a d —In clu din g M etrop olita n S treet R a ilw a y , operates 2 0 1s m iles
o f tro lle y track, la id w ith from 30 lb. to u8-lb. T rails.
E a r n in g s —F o r y e a r en din g Dec. 31. 1901, gross, $101,189; net,
$26,082 ; other credits, $3,000; in terest and taxes, $23,967; surplus,
$7,115.
__
OFFICERS—Presiden t, P h illip 8. S altonstall; Sec., D. K . Snow ; Treas",
S. Reed A u th ony. Office, 53 S tate St., Boston, Mass.; M an ager, E. E.
W inters, M acon, G a.—V . 68, p. 872.
M AC O N E L E C T R IC L IG H T & R A IL W A Y .—
O r g a n i z a t i o n , E t c .—N a m e o rig in a lly Macon & In d ia n S p rin g E lec
tric St. R y., changed in 1898. In M a y, 1898, purchased at foreclosu re
sale fo r $40,000 e lee tric-liglit p la n t o f M acon Gas L ig h t <fe W ater Co.,
and in M ay, 1900, com pleted n ew p o w e r house.
STOCK & B onds —
Date. Interest. Outstanding. M a tu rity .
Stock, $100,000 ($ 1 0 0 ).....................................
$100,000
..............
1st m ort $100,000, $500 J 1899 6 g. J -J
100.000 Jan. 1, 1929
iL go ld ............................... o* c In t. at B o w lin g G reen Tr. Co., N . Y ., Trus.
R o a d , & c .— O wns and o p era tes 7 m iles o f track, w ith 9 m otor and
3 tra il cars, has 6,000 lig h t a ltern ators, 385 arc-ligh t dynam os, 4b2
k. w. generators, 1,500 h. p. steam plant.
OFFICERS—Presiden t. Gen. M an ager and Pu rch a sin g A g e n t, T. J.
C arling; S ecreta ry and Treasu rer, J. H . H ertz. -V . 66, p. 1089.
R A I L W A Y —Trolley road.
O r g a n iz a t io n —In co rp o ra ted Jan. 22,1867. A K en tu ck y com pany
ow n in g all the street ra ilw a y s in the city o f L o u is v ille and its suburbs.
P o p u l a t io n in 1900 w a s 19 , io 4; in 1890 w a s 13,4 29 ;
The rea l estate is valu ed at $700,000.
a n d IN 1880 w a s 10,324.
Interest.
Outstand1g L ast d iv ., dc.
S t o c k & B o n d s .— Date.
M A D I S O N T R A C T I O N CO--A trolleyroad.
Com. stock ($100 sh.).. ..................Q -J an .
$3,500,000 A p r., 1902,1%
A .& O .
2,500,000 A p r O
.,’0
r g2a,2
n^
iz%
a t io n —in co rp o ra ted in S ept., 1901, as successor to th e
P re f. stock 5 p. c. cum. . . . . 5
514,300 J u ly 1,1909 Madison E lec trio R a ilw a y .
L o u isv. C ity R y. M ... s 1884 6 g. J . - J .
do
do M .,g o ld ( Trustee, L o u is v ille Tru st Co., L o u is ville, K v .
STOCK & Bonds — M iles. Date. Interest. O utstanding. M a tu rity .
M .-N .
60,000 N o v. 1,1902 Stock, $200,000 ( $ 1 0 0 ) ........................................ $200,000
C en tral Pass. R y. M ... 1882 6
.............
1888 6
M .-N .
238,000 N ov. 1,1908 1st M .$300,000, gold > 1 0 ^
1901 5 g M-S
200,000 Sept. 1, 1926
C entral Pass. R y. M . ^ In tere st p ayable at F irst N a t. Bank, L o u is v ille .
($ 1 ,0 0 0 ).............c.* s In t. a t M ilw a u k ee Tr. Co., M ilw au kee, T ru s te e
Louisv. R y. Cons. M .,)
1890 5 g. J . - J .
5,187,000 Ju ly 1, 1930
Bonds —T h e w hole issue can be ca lled on any in te rest date at 110
g o l d , $6,000,000 > In tere st p ayable b y Seligm an & Co., N. Y .
and in terest; $5,000 is p a ya b le y e a r ly to sin k in g fund, b eg in n in g
(listed N. Y . ) .......c* S
600,000 M ar. 1, 1940 Sept. 1, 1916.
L o u is v ille R y. 2d M., ) 1900 4 ^ g. M -S
R oad —O w ns 1 0 m iles o f standard-gau ge track, in clu d in g lin es In
$2,000,000,g,$ l ,000 5 In t. at Colum bia Flu. & Tr. Co.. L o u is v ’le, Trus
Bonds.—O f the new 2d m ort. bonds due 1940, n et m ore than $200,000 Madison and extension to Elm side, Schuetzen P a rk and C em etery.
can be issued in any one yea r fo r im p rovem en ts. V.70, p. 430,480,532.
L a t e s t E a r n in g s —F rom S e p t.l, 1931, to M a y 3 1,1902, gross, $51,S to ck .- I n June, 1897, $500,000 o f com m on (le a v in g $3,500,000) w as 4 9; net, $13,620.
co n verted in to preferred , m aking $2,500,000 preferred , on p a ym en t of
E a r n in g s —F isca l yea r n ow ends A u gu st 31 F o r fiscal y e a r en din g
$50 per share to be used fo r im provem ents.
M ay 1, 1901 (M adison Elec. R y .): Gross, $63,648; net, $8,343; in te r
DIVIDENDS—On p referred 5 p. c. per annum. On com m on—In 1896, est, $7,000; balance, surplus, $1,343.
2^2 p. c.; in 1897, 2 h p. o.; in 1898, A p r., 11* p. c.; the Oct., 1898, and
OFFICERS—Pres., P. L . 8pooner; V ice-P res. and Gen. M an., F. W.
A p ril, 1899, dividends w ere passed, o w in g to ta x suit; in 1900, 4 p. o.; O akley; Sec. and Treas., W a y n e Ram say; fiupt , G. H . Shaw, a ll o f
in 1901, 4 p c.; in 1902, Jan., 1 p. c.; A p ril, 1 p. c.
M adison.—V. 72, p. 438; V. 73, p. 494, 663.
R o a d Owns 145 m iles o f tra ck on 83 m iles o f street, a ll o f w hich is
electric. The la st m ule lin e w as changed to t r o lle y ea rly in 1901, m ost
o f the w ork o f conversion h a vin g been paid fo r out o f earnings.
P o p u l a t i o n 1900 w a s 56,987; in 1890 w a s 44,126,
A n n u a l R e p o r t —F isca l y e a r ends D ec. 31. A n n u a l m eeting
a n d i n 1880 w a s 32,630.
Feb. 20.
Year.
1901.
1900.
I Tear.
1901.
1900.
MANCHESTER
T R A C T IO N
L IG H T
&
G ross ea rn ..$1,^17,059 $1,520,513 |D ivid e n d s ....... $265,000 $265,000
POW ER C O N e t .............
593,022
582,342 I B al., surplus..
7,088
3,252
O r g a n iz a t io n — In co rp o ra ted in 1901 in N e w H am pshire, and com
In te re s t pd.
320,934
314,090 |
prises the severa l lig h t p o w e r and street ra ilw a y p rop erties in and
OFFICERS—P resid en t, T. J. M in ary; S ecreta ry and Treasu rer. SamT around Manchester. The com pany took o v e r the M anchester E leo tric
G. B o y le .—V. 70, p. 430, 480, 532 ; V. 72, p. 776; V. 73, p. 494, 1208; Co., w hich controls the M anchester E le c tric L ig h t Co. and the M an
chester S treet R a il wav. In 1902 the la tte r com pany was authorized
V . 74, p. 94, 205, 8 2 8 .
by the N e w H am pshire R ailroad Com mission to increase its 6tock
L O U I S V I L L E A N C H O R A G E & P E W E E from $421,000 to $370,250, to fund flo a tin g debt and p rovid e means
V A L L E Y E L E C T R I C R A I L W A Y - A tro lie y road.
forjn ew ro llin g stock; a cco rd in gly 995 new shares w ere issued at 150.
O r g a n iz a t io n —In co rp o ra ted Jan. 14,1901. In N o w , 1901, m ade a
STOCK—
Date. In terest. O u teta n d g.
M a tu rity .
con tract w ith the L o u is v ille R y., a llo w in g it to use that co m p a n y’s 8tock, $5,000,000 ($100)........................ ..
$1,^50,000 J a n .’02. 3%
tracks to the centre o f the c ity
1stcoa. rntge.,$2,000,000,)
1901 5 g. A -O
992,000 A p r ill,1 9 2 1
gold ($1,000) .............c*
A m . L o a n & Tr. Co., B oston, trustee.
STOCK & B o n d s —
Date. Interest. Outslayid'g. M a tu rity .
TJnderluing L iens—
Stock $350,000 ($ 1 0 0 )...................................
$350,000 .....................
1st m ort., S^OO.OOJ. g o ld ,) 1901 5 g. J -J
500.000
1931
L t 0 0 ■l s t M-’ |
1897 5 g.
A -O 250,000 Oot. 1, 1917
sink, fu nd ($1,000, $500). \ In t. at C in cin nati Tr. Co., C incinnati, Tr.
Man. St. R y i 1st M .‘, g o l d , )
1895 5 g . J - J
250.000 Jan. f , 1915
S inking fund, but n ot subject to call.
$250,000, red. a fte r Jan. > In t. at Shoe &. L ea th er N at. Bank. Boston.
( 1902 5 g.
(?)
1932
1> 1905 .....................
) Am . Loan & Trust Co., Boston, trustee.
2nd m o rt., $150,000, g o ld .. < In tere st at F id e 'it y Tru st & S. V. Co.,
B o n d s - O f the n ew l s t con. m tge. $123,000 are reserved to retire a
C L o u is v ille , Tru stee.
R oad —L in e to P e w e e com pleted January, 1902. O perates 15 m iles like amount o f bonds o f the T^nion E lectric Co. and $500,000 are re
o f tra ck con n ectin g the points nam ed in the title , w ith 5 m iles in the served to retire above u n d erlyin g bonds. T h e rem ain in g $335,000 are
c ity , to ta l 20 miles. A n exten sion o f 22 m iles to Shelby v ille, Ind., is a va ila b le fo r fu tu re im p rovem en ts and betterm ents,
R o a d — O wns 34 m iles track, standard, o f w hich 4 ^ m iles second
contem plated.
O f f ic e r s —Presiden t, H . H . B ech tel, C incinnati; V ice-P resid en t and track and 1 m ile sidings, etc. R a ils 70 and 90-lb. T .
D ividends —Th e first sem i-annual d ivid en d o f 3 p. o. w as paid on
T rea su rer, P e r c iv a l M oore. L o u is ville; S ecretary, Jam es F. Buckner,
J u ly 15, 1901, and 3 p. c w as again paid on Jan. 15, 1902.
L o u is v ille .- V . 73, p. 391; Y . 74, p. 987.
M A D ISO N , W IS .
M A N C H E S T E R , N. H.
STREET RAILWAYS
50
E a h NINGS—Of the Manchester it r t e t Ry, tor years * tiding June 80
\ -t In i. & (usea
Dividends. B utdm r
ir o a n .
$2,180
#Z5,260
lUOOOt......... $212,138
$46,892 #19,443
8,320
1800-00,......... 173.004
35,010
la ,090 (8%) 13,600
(8)%13,600
4,616
1*08-00___ . 162,149
35,510
17,300
3,069
6,000
1897-08..........
150,005
ly,400
16,568
O fficers — P resident, W illiam A. Tucker; Treaa., 8. Heed Anthony,
General Manager, J. isrudle dm ith.—V. 60, p. 320, 1193; V. 71,p. 289;
V. 72, p. 391, 393, 1237; V. 71. p. 205, 17 8,
M A NISTEE,
MICH.
P o p u l a t io n 1900 w a s 14.260; in I8o0 w a s 12,812;
a n d is 1880 w as 6.930.
MANISTEE
FILER
CITY
& EAST LAKE
R A l E W A Y - A trolley. Population served estim ated at 25,000.
S t o c k & B onds —
Date. Interest, Outstand’g. M aturity.
Stock.............................. ................................... .
$200,000
......................
1st m ortgage,$200,000,urn' t 1898 6 g. J-J
150,000
Jan. 1, 1918
($500 each) red. a fter > lu t. at M etropolitan Trust, Co., N e w York,
1903 at 1 0 5 .,.,................)
Trustee.
Bonita—#4,000 must be drawn by lot at 105 yearly Jan. 1, 1904, aDd
a fter, but bonds are subject to call at 105 on and after 1903.
R oad —Operates 14 miles of track; 30 oars; brick boiler house; three
la rge engines and generators; iron car house. Kails, 45 lh. T- Th elln e
extends from Manistee to F lie r City, East Lake and stronach, Oak
H ill and Parkdale.
Inclu ding park on shore o f LakeMlohigan, the
acre, restaurant house, station, bath rooms, pavilions, &o., over
$100,000 spent fo r im provem ents In 1899
OFFICERS—President, Treasurer and Purchasing A gen t, O, A H a rt;
Vice-President, K. R. Blacker; Secretary, G eorge W. Swigart.
M A NSFIE LD ,
OHIO.
P o p u l a t io n 1900 w a s 17,640; i n 1890 w a s 13,473;
a n d IN 1880 w a s 9,859.
CITIZE N S'
E LE C T R IC
P O W E R CO.—A trolley road.
RY.
L IG H T
&
O r g a n iza tio n —Charter renewed In 1898 for 25 years. Successor to
the Manslield Electric Street Ry. Owns also an Incandescent light
plant with about 7,000 lights.
STOCK & B o n d s —
Dale.
Interest.
Outstand’g.
M aturity.
Stock, $400,000....................................................
$400,000 ..................
F irst mortgage, $-100,000 < 1901
5
400,000 A p r.1,19 2 3
($500)..................................I In k at Cleveland Tr. Co., Cleveland, Trus.
R oad —Owns 19 miles of track, Including extension to Shelby, whioh
was completed In 1901. President, S. N. Ford; Secretary, 8. G. Cum
mings; Treasurer, Reid Carpenter.—V. 74, p. 204.
M A RIO N ,
P o pu la tio n 1900
O HIO.
w as 11,862; in 1890 w a s
a n d in 1880 w as 3.899.
M A R IO N
STREET
R A IL W
a y
8,327;
-
O r g a n iz a t io n , E t c .—Stock, $100,000. Operates 4 miles of track.
O f f ic e r s —President and Treasurer, E . Durfee.
M A R L B O R O U G H , MASS.
P o p u l a t io n 1900
w a s 13,609; in 1890 w as
a n d in 1880 w as 10 ,127.
M ARLBOROUGH
13,805;
S T R E E T RY.-Trolley.
Control of this road and also of the Framingham Union Street R a il
way and the Framingham Southboro <s Marlboro 8t. Ry. has been
purchased by a syndicate headed by Jas. F. Shaw & Co.. Boston, in the
interests of the (V. 7 1, p. 491) Boston & Worcester Electric Street
Railw ay, which was incorporated on Nov. 16, 19 01, with an author
ized capital stock of $750,000 (10 p. o. paid in) to own or operate an
electrio road from Boston to Worcester, a distanoe of 45 miles. In
June. 1902, financial arrangements were still incomplete, but it was
stated that the company would probably issue$750,000 of 4 ^ % bonds.
See Y . 7 1, p. 602; V. 72. p. 1 8 3 , 1 1 1 1 , 1459.
O r g a n iz a tio n —I ncorporated March 27, 1888. The Framingham
Southboro & Marlboro Ry., 6 miles, completed in August, 1898, is
operated.
ST OCK & BONDS—
Date.
Interest.
Outstand'g.
M a tu rity .
Stook $80,000 (par $100)...........
See text $80,000
4 % in l8 9 o -6
1st mortgage sink. fund.. ( 1894
6 J -J
80,000 Ju ly 2, 1914
Sub.tocallatl05after5y8.) Interest at rntern’l Trust, trustee, Boston.
Current liab ilities Sept. 3 0 ,19 0 1, $6,100.
D ividend—In 1894-95, 2 p. c.; in 1895-96, 4 p. o.; in 1896-7,1897-8,
1898-99,1899-1900 and 1900-1901, none.
R oad —T otal track owned andleased, including sidings, 15 6 0 2 miles.
E a rn in gs — 1900-01. 1899-00. i
1800-01. 1899-00.
Gross earnings..$59,103 $54,041 I Dividends............. None.
None
Net....................... 14,597 15,830 Bal. for year...8ur.3,960 sr.$6,484
In t’st, taxes, etc. 10,637
9,346 |
OFFICERS—President, Jas. F. Shaw; Secretary and Treasurer, Geo.
A. Butman; Manager, A. C. Ralph.—V. 69, p. 955; V . 7 1, p. 491, 602.
MARSHALLTOWN,
P o p u l a t io n 1900
IA.
w a s 11,5 4 4 ; in 1890 w as
a n d in 1880 w as 6,240.
8,914;
M A R S H A L L T O W N L IG H T P O W E R & RY
ORGANIZATION—Incorporated in Iowa In 1892. Exclu sive rights till
19 17 . Runs electiical lighting and gas plant and eleotrio railw ay.
STOCK & B onds —
Date.
Interest. Outstand'g.
M a tu rity .
Stock ($500,000) ($100).................................. $250,000f.p........................
1st mortgage ($150,000) ) 1893
6g. J - J
140,000
Ju ly 1, 19 13
gold ($1,000)............o.* s Int. at 111. T r. & Sav. B k., Chicago, trustee.
B o n d s - Cannot be called.
R oad —T rolley track, 3 ^ m. Standard gauge, 40-lb. T rail,
O FFICERS-Presldent, C. D Jones of Independence, la ,; Secretary,
S. B. Hovey of Independence, la .; Treasurer and Superintendent,
M. W. Hovey, Marshalltown, la.
MASON
P o p u l a t io n 19C0
CITY, I O W A .
w a s 6,746; in 1890 w as 4,007;
and in 1880 w as 2,510.
M A S O N C ITY & C L E A R L A K E R A I L W A Y
C O —Organization, Etc.—a trolley road. Operated since Ju ly
1897. Owns right of way 33 feet wide from Mason City to Clear Lake,
9 miles. Length of line w ithin and between two cities, 17'6 miles,
8tock, $200,000. Bonds (authorized), $100,000 1st gold 6s, J .-J . 15 ,
interest at Illin ois Trust & Savings Bank, Chicago, Trustee; sinking
fund retires $3,000 yearly at 103, beginning Jan. 15 , 1900, and
amount outstanding, $91,000. Handles all freight coming over Iowa
Central, Chicago & North Western and Chicago Great W esi’n railw ays,
between Mason C ity & Clear Lake. President and Gen. Manager, W.
E . Brice; Secretary, F. J. Hanlon.
MAUCH
CHUNK,
PA.
P o p u l a t io n 1900 w a s 4,029, in 1*90 w a s 4,101
and "in
1880 WAS 3,752.
M A U C H C H U N K L E H IG H T O N
IN G T O N S T R E E T R Y.-A trolley road.
&
8LAT-
O r g a n iz a t io n -In co rp o ra ted ;a Pennsylvania on M a r k 28, 1901,
as a consolidation o f the C iroou Gounty Electrio fiv. Co. and the -datmgton & PaUaertou 8trnot Ry. Co, Conuets a t dlatington with the
lines of the Lehigh V alley Traction Co,
STOCK & Bo n d s —
Date. Interest. Outstand’g,
M aturity.
$600,000
___
Stock, $600,000, # 5 0 ................................ ......
1st m ortgage, $600,000, < 1001 5g. M-N
600,000 May 1.1931
e ' t Int. at West End Trust Co., Phil a., Tro-tee.
gold ($ l,0 oo ) ........
Bonds—No sinking fund, hut subject to call at any tim e at 110 and
interest.
R o a d —Is to operate 25 miles o f road, connecting the points named in
the title, o f which 13 miles was completed in February, 1902, and 7
m iles in operation. T o be com pleted in 1902.
OFFICERS—Pres., I. A. Sweigard, A tlan tic City, N. J.; Vice-Pres.,
John H. Paseoe, A llen to w n ; Sec., T. F. Durham; Trea*., Russell A.
T h a yer; SopL, J. A. Bunnell, Maueh Chunk, Pa.
M EM PH IS,
P opulation 1900
TENN.
102,320; in 1890 was 64,495,
and in 1880 was 33,592.
w as
M E M P H IS STREET R A I L W A Y
CO.-
In May. 1902, the controlling interests in this p ro p e rty also bought
control of Memphis L igh t A P o w e r Co. Y . 74, p. 1089.
O r g a n iz a t i o n — Chartered in 1895 and consolidated w ith the C iti
zens’ St., East End Street, C ity A Suburban and Memphis & R aleigh
Springs lines; franchise runs till 1945.
STOCK & B onds — Miles. Date. Interest. Outstand’g
M a tu rity .
St’k $5 00,00 0($10 0)......................................
$500,000
..............
Citz. St. RR. 1st M . ) 40
1887 6 g. J-J
906.000 Jan. 1 , 1 9 ie
($1,000), g o ld . .o * ) Int. at Am. Exch. Nat. B k.of N. Y.and Memp.,Tenn.
R oad —Operates 70 miles o f track in Memphis and suburbs.
Rails 70 to 90 lb. T and Johnson.
OFFICERS—Pres., C. K. G. B illin gs; Vice-President, General M an’r and
Purch. A gen t. F. G Jones ; Secretary, W. 8. McCrea; Treasurer, R. L.
Benson.- V. 67, p. 371; V. 74, p. 987, 1089.
M E N O M I N E E , MICH.
P o p u l a t i o n 1900 w a s 12.818; i n 1890 w a s 10,630,
a n d i n 1880 w a s 3,288.
M E N O M IN E E E L E C T R IC
W A Y & POW ER.
LIG H T
R A IL
In February, 1902, the stockholders o f this company acquired the
M arinette Gas, E lectric L igh t & Street Ry. Co., operatin g 7^8 miles of
traok, and outstanding Indebtedness o f $115,000 stock and $35,000
bODds. An early consolidation o f these tw o properties w ill probably
be effected. V. 74, p. 478.
O rganization —Chartered Ju ly 31,1891. C apital stock issued and
paid in $110,000; par, $100. First m ortgage 6s o f 1893, $24,500;
due $3,000 yearly; interest J&J at F irst N ational Bank o f Menomi
nee. Owns 6 7-10 miles o f track. A b elt line around Menominee and
M arinette, Wis., w ill be constructed.
D ivid e n d s —F ourteen semi-annual dividends have been paid to June,
1902, the first six at 2 per cent and the last eight at 2 ^ per cent.
OFFICERS.—President, A. Spies; Vice-President, S. M. Stephenson;
Secretary, Treasurer <fe G eneral M anager, E. D a n iell.—V. 74, p. 478.
M ER ID EN , CONN.
P o p u l a t i o n 1900 w a s 24,296; i n 1890 w a s 21.652.
M E R ID E N E LE C T R IC
R A I L R O A D —Trolley.
O r g a n iz a t io n —O rganized A ugust 14, 1886. In Novem ber, 1895,
control was obtained by the N. Y . N. H. & H. R R. Co.—V. 61, p. 794.
STOCK & BONDSP a r. Date. Interest. Outstanding. M aturity.
Stock, $1,000,000..
$100 ....................... $1,000,000
..............
Meriden Horse R R . ) 1,000 1891
5 A -O
85,000 Oct. 1,1911
lstM .,f$100,000.. ) In terest at G irard Trust Co. o f Philadelphia.
.......
1894 5 g. J-J
$415,000 Jan. 1, 1924
Meriden H orse R R . 5 In
terest at Girard Trust Co., Philadelphia.
M „ g., $500,000.. ^
Trustee, State Treasurer o f Connecticut
June 30, 1901, bills payable, $171,400.
R oad —In Meriden, extend ing also to W allin gford, 19'5 miles in all.
E a r n in g s —F or years ending June 30; In 1901, gross, $133,153
net, $49,667; Interest and taxes, $40,250; surplus, $9,417.
OFFICERS—President, Col. N. H. H eft, N e w H a ven ; S ecretary and
Treasurer, W. L. Squire, N e w H a ven .— V. 61, p. 704, 790.
M E R I D I A N , MISS.
P o p u l a t i o n 1900 w a s 14,050: i n 1890 w a s 10,624;
a n d i n 1880 was 4,008.
M E R ID IA N L IG H T & R A I L W A Y C O O r g a n iz a tio n —Incorporated in Mississippi in 1901 as a reorganiza
tion of the M eridian stre et Ry.
STOCK & B o n d s —
Date. Interest. Outstand’g.
M a tu rity .
Stock, $450,000: ($100)...............................
$225,000 .......................
1st m ortgage, $225,000.1 1901 5 g. M-S
130,000 March 1, '941
gold ($1,000); ca n n o t> In terest at Miss. V alley Trust Co., St.
be called.
) Louis, Trustee.
R o a d —Operates 7 m iles o f track. Extensions o f 1 ^ miles are pro
posed.
•
O f f ic e r s —President, J. H . W ilson, M obile; Vice-Pres., W. H . Arm brecht; Sec. andTreas., J. A. Gibson.
M I C H I G A N C I T Y , IND.
P o p u l a t i o n 1900 w a s 14,850; i n 1890 w a s 10,776;
a n d i n 1880 w a s 7,366.
LAKE
CITIES E L E C T R I C
RY.-Trolley.
R e c e iv e r s h ip —In Feb., 1898, I. I. Spiro was appointed receiver.
Interest due Feb. 1,1898, only p a rtly paid. In June, 1902, receiver
still in possession.
LIGHTING P l a n t — Owns plant fo r com m ercial and public ligh ting,
pole lin e and w ires covering en tire city. Com pany has a 10-year con
tract w ith the city fo r ligh ting, from Aug. 1,1894,
STOCK & B onds —
Date.
Interest. Outstand’g. M aturity.
Common stock, (par $100).
.......................... $200,000
.................
P ref., non-cum., $100,000................................
50,000
.................
1st M., $300,000, g. ($500) > 1893
6 g.F -A .
75,000 Feb. 1, 1923
(In default, see above)c* 5 M etropolitan Tr. Co., N .Y ., trustee.
E a r n in g s —Inclu ding electric-light plant, fo r calendar year, 1901,
gross, $20,936; in 3900, gross, was $21,010; in 1899 gross was $19,245.
R o a d —Owns 2 m iles of track. R a il 72-lb. T .—Y. 66, p. 288,
STREET RAILWAYS.
M IDDLE BORO,
MASS.
P o p u l a t i o n 1900 w a s 6,885; i n 1890 w a s 6,065;
AND IN 1880 WAS 3,237.
M ID D L E B O R O W A R E H A M
B A Y S T R E E T R Y . - A trolley road.
& B U Z Z A R D ’S
51
M I L W A U K E E , W1S.
P o p u l a t i o n 1900 w a s 285,315; in 1890 w a s 204,468;
a n d in 1880 w a s 115,702.
M IL W A U K E E
E L E C T R IC
R Y
&
L IG H T .—
ORGANIZATION—Successor o f M ilw aukee Street R a ilw a y Company
sold in foreclosure Jan. 29. 1896, per plan in V. 60, p. 1009. Em
O rg anizatio n —Incorporated iu Massachusetts In 1901.
braces all the street railw ay lines in M ilwaukee, and an extensive
STOCK & B o n d s —
Date
Interest. O utltand'y
M aturity.
system otsuburban and interurban lines. Controlled by the “ North
Stock, $150,000. $100...............
$150,000
Am erican Co.” (See Miscellaneous Companies in I nvkbtous ’ 8 u p 1901
5g. A O
150,000
Oct. 1. 1921 p l e m k n t .) The oom pany besides its street ra ilw a y system owns and
1st mortgage, *150,000
($ 1,0 0 0 ), gold.
..o. lilt, at Federal Trust Co , Boston, Trustee.
operates electric-light ana pow er works (costing $1.625,938) under
Bunds.—No sinking fund, hut suhjeot to call ou or before Oct. 1. franchises said to be e x clu sive; these Include all the electrio-llght
1906, at 110; th erea fter through Oct. 1. 1911, at 107** and th ereafter companies, among others the Edison Elec. Illu m inating Co., the M il
waukee Electrio L igh t Co., the Badger Illu m inating Co. the M llwaim ee
before Oct. 1, 1921, at 105, all w ith Interest.
R o a d —O peiates 18 m iles o f track from M tddleboro to B uzzard’ s Arc Ligh t A Pow er Co and the Pabst Light, H eat A Pow er Co. Was
furnishing in May, 1902, 103,66H incandescent lamps, about 7,790
Bay. Rails 60-lb. Tli. p. iu motors and 3,237 are lights. Owns all the stock o f the M il
OFFICERS-P resid en t, A . M Bearse, M iddleboro; V ice Pres.,_E. T. waukee Ligh t, H eat & Traction Co. See its statement below.
W hitman; Counsel, Nathan Washburn.—V. 73, p. 843, 1264, 1313.
The franchises of the com pany run until Dec. 31,1934 — V .70 p. 39.
Stockholders in Jan., 1 9ol, voted to increase common stock from $3.500,000 to $15,000,000, to provide funds fo r im provem ents, the addi
tional stock to be Issued from tim e to tim e as ueedei.
P o p u l a t i o n 1900 w a s 9,589; in 1890 w a s 9,013;
M aturity.
S t o c k & B o n d s — ___ Date. Interest. Outstand'g.
a n d in 1880 w a s 6,826.
Com. stock, $15,000,000)
$6,500,000
(par $100)....................
)
M I D D L E T O W N S T R E E T R Y . - A tro lley road. Serves
Pref. stock, $4,500,000, 6 ) ........
population o f about 23,000.
Q- F
4,500,000 M a y ’02,1 »*%
p.
o.,
non-cum.,
par
$100
$
O r g anizatio n —Organized on Jan. 12, 1884. On Jan. 29,1898, con Milw. C ity RR. 1st mort., ( 1888 5g. J - D
1,000,000 Deo. 1,1908
solidated with the Portland St. Ry.
41 in..$1,000,000,gold.o* ( Central Trust Co., N. Y. City, is trustee.
E a r n in g s —F o r year ending June West Side Street Ry., 1 s t! 1889 5g. J - J
Stock,par,$25 ($200,000),$135,000
$500,000 July 1 1909
30, 1901, gross, $37,590; net, $12,1st M „ $150,000, gold, 5
mort., oovers 18 m iles... ( Int. is payable at Farm er’s L. A Tr. Co.
guar, J -D ....................
150,000 139; Interest and taxes, $8,994; Milw. El. Ry. A Ligh t Co.. ( 1896 5g. F - A $6,500,000 Feb. 1,1926
surplus, $3,145.
m neni
nnn enn o- c* ) Trustee, Central Trust Co., N ew York.
(Dated 1894. Due 1915.)
ROAD—Owns 9'92 miles o f tracks.
In terest payable at com pany’ s office, 30 Broad Street, N. Y .
O f fic e r s —P resident, E. W . Goss, M ilford, Mass.; V lce-Pres’t, Abel
Stock and Bonds—N ew consols o f 1896 fo r $1,500,000 are reserved
C. Allison, Middletown; secretary ana Treasurer, J. K . Guy, Middle- fo r prior bonds still outstanding. These bonds and also the preferred
tow n. In d e x —v . 62, p. 85.
stock are listed on the N. Y. Stock Exchange.
R o a d —T o ta l track Jan., 1, 1902, was 138*34 m iles—all tro lley, of
wku h 63-73 double traok and 10 88 * ingle.
A n n u a l R e p o r t —Fiscal yea r ends Dec. 31. V. 74, p. 425.
P o p u l a t i o n 1900 w a s 14,522; in 1890 w a s 11,977;
Calendar year—
1901.
1900.
1899.
1898.
a n d in 1880 w a s 8,494.
ra ilw a y ...........$2,032,208 $1,850,086 $1,668,963 $1,520,751
M I D D L E T O W N - G O S H E N E L E C T R I C R Y . - Gross
Ligh ting, etc.............
385,226
354,450
327,643
263,709
O r g a n iz a t io n —On Oct. 25, 1899, was incorporated as successor by
purchase at foreclosure o f the Middletown-Goshen Traction.
The Gross earnings........ $2,417,434 $2,204,536 $1,996,606 $1,784,460
property was bought subject to the tw o old m ortgages enumerated O perating expenses.. 1,185,534
1,129,786
1,026,403
943,225
b elow , hut in terest tem p orarily reduced to 4 per cent; oapltal stock
a fter reorganization was reduced to $100,000.
N et earn in gs............ $1,231,900 $1,074,750
$970,203
$841,235
Other incom e............
24,907
16,162
10,533 .................
STOCK & B o n d s —
Dale. Interest. Outst’d’g.
M a tu rity
Stock, $100,000 auth. $100............................. $100,000
..............
$1,256,807 $1,090,912
$980,736 .................
Old Co’s.lstm ort.,$200,000,) 1894 6g. J - J
200,000 Jan. 1,1919
gold, $1,000, s. f ............o* { Reduced tem porarily to 4 per cent.
Out o f the n et o f $1,256,807 fo r 1901, *410,654 was paid for interest
M lddlet’ n-Bloom b'g I s t M . ) 1895 6 M.&N. 75,000 M ay 1, 1920
and $102,740 fo r taxes.
gold ($1,000)$200,000 s.f. ) Reduced tem porarily to 4 per cent.
D ivid e n d —R eg u la rly quarterly dividends of lig per cent have been
R o a d —Operates 13 miles o f track extending from M iddletown, paid on the p referred stook since F ebruary, 1900.
N. Y., to M idw ay Park, Goshen, including switches, turnouts, etc.
OFFICERS—President & Gen’l Mgr., John I. Beggs, 1st Vioe-Pres.,
Rails 65-lb. T ex cep t Lj m ile only o f 80 lb. girder. Standard gauge.
Wm. N. Crom w ell, 2d Yiee-Pres., C W. W etmore; Secretary, Silas W.
V e a r l y E a r n in g s —F or ye a r ending June 30, 1901: Gross, $48,051; Burt, N ew Y ork ; Treasurer, G eorge R, Sheldon. New York office, 30
net, $4,078; other income, $655; charges, $6,148; deficit, $1,415.
Broad St,. N. Y . Citv.— V. 71, p. 26, 492. 809. 1220; V. 72, p. 283,
OFFICERS—President and Gen. Manager, W. B. R o yce; V ice-Pres-.W . 337,722, 776, 780; V. 73, p. 30, 32, 445, 1313; V. 74, p. 4 2 5 , 478.
B. Broomall; Sec. and Treas., H erb ert B. Royce; Sup’ t, 8amuel GansC o m p a n ie s C o n t r o lle d b y M i l w a u k e e E le c t r ic K a l i w a y
mann.—V. 67, p. 4 8 0 , 1003; V. 69, p 440, 8o2, 906.
<fc L i g h t C o .
M ID D LE TO W N,
M ID D LE T O W N ,
CONN.
N. Y.
M ILFO RD , MASS.
P o p u l a t i o n 1900 w a s 11,376; i n 1890 w a s 8,780;
a n d i n 1880 w a s 9,310
M ILF O R D A T T L E B O R O & W O O N SO C K E T
ST. RY. - A tro lley road.
ORGANIZATION.— In corporated to build an electric ra ilw a y in and
conn ectin g the towns named in the title. H as been authorized to
issue $40,000 stook in addition to the $250,000 outstanding.
STOCK & B o n d s —
Date
Interest. Outstanding.
M aturity .
Stock ($100) *325,000.
.................
$250,000
1901, 4 p. c.
1st mtge., $300.000,gold 1 1899
5g, A -0
250,0)0
Oct. 1, 1919
($ 1 ,0 0 0 )......
.....o. > In terest at M ercantile Trust Co., Boston,
Cannot be called.
) Trustee.
R o a d .—Owns and operates 30 miles o f track. Has traffic agree
ment with W oonsocket S treet R ailw ay, allow in g it to run o ver its
tracks Into the oity. Operates 20 cars. Rails, 60 and 85 lb.
E a r n in g s .—F o r years ending Sept. 30: In 1901, gross, $75,464;
net, $25,507; taxes and H oag Pa rk operation, $6,733; interest, $10,368; surplus, *8,406; in 1900 was, gross, $42,131; net, $20,018.
OFFICERS.—President, G. W . W iggin , Franklin; Treasurer, E. K.
R a v, W oon sock et; Secretary and M anager. W. H . T y ler, M ilfo rd .—V.
73, p. 236, 392.
M ILF O R D H O LL IST O N & F R A M IN G H A M
S T R E E T R A I L W A Y —Trolley.
In June, 1902, it was reported that the M ilford & U xb rid g e St. Ry.
(capital $100,000, operating 7*4 m iles o f track) had purchased this
road, and would increase stock for the purpose.
Stock (par $100) $250,000. First m ortgage gold 5s, int. J-J. at Am er.
Doan & Trust Co., Boston, dated 1898, due Jah. 1, 1918, $165,000.
R o a d —Owns 28 miles o f track, including n ew extension to H opkin
ton completed Oct. 1,1901. A lso owns Lake Mendon Park.
E a r n in g s —Y ears ending Sept. 30: In 1901, gross, $118,029; net»
$32,620; Interest, taxes, Ac., $ 1 «,6 5 1 ; dividends, $17,640; deficit’
-$3,*>71; in 1900, gross. $121,708; net. $40,710; interest, taxes. &c.>
$20,843; dividends, $17,640; surplus, $2,227.
OFFICERS—President, John T. Manson, N ew H aven . Ct.; Vioe-Prest.,
Sydney H arw ood, Boston; Gen. Mgr. and Treas., E. W Goss, M ilford
Mass.—Y . 74, p. 1308.
M ILLVILLE ,
N. J.
P o p u l a t i o n 1900 w a s 10,583: i n 1890 w a s 10,002;
a n d i n 1880 w a s 7,660.
M I L L V I L L E T R A C T I O N —A tro lley road.
S t o c k & Bo n d s —
Date. Interest. Outstand’g.
M aturity.
Stook, $175,000............................................
$175,0C)0
.................
1st m ortgage, $400,000,) 1894 5g. F - A
83,000
1914
gold ($1,000 each )___o’" s In terest at Land T itle A Tr., Phila.. Trus.
“ Other debts” Dec.31, ’01 ........................
138,443
.................
E a r n in g s —F or year 1901, gross, $16,092; net, $1,219. In 1900,
gross, $6,668; deficit under operating, $2,473.
R o a d .—Operates 12-31 m iles of track in M illville, Vineland and
township o f Landis, of which 8'67 miles put in operation in 1901.
OFFICERS.—P res’t, G. B. L a n g ley; Sec. and Treas., D aniel C. Lew is.
M IL W A U K E E L IG H T H E A T A T R A C T IO N C O M P A N Y .—In c o r
porated December, 1896. The capital stock ($500,000) is a ll owned
by the M ilwaukee E lectric R a ilw a y & L ig h t Co.
The Traction Company owns and operates the fo llo w in g projierties—
all tro lle y ro a d s:
Milwaukee A W auw atosa M otor R a ilw a y Co., operatin g betw een
M ilwaukee and the tow n o f Wauwatosa.
North Greenfield A Waukesha E lectric R a ilw a y Co., Waukesha Beach
Electrio R ailw ay Co., Waukesha E lectric R a il w a r Co., operatin g be
tween Milwaukee, Waukesha and Waukesha Beach.
Milwaukee Racine A Kenosha E lectrio Ry. Co., o p era tin g betw een
Milwaukee, Racine and Kenosha.
B elle City E lectric R a ilw a y Co., operatin g in Racine and connecting
with the M ilwaukee Racine & Kenosha line.
T otal m ileage, 81-63 miles.
The company also owns the electric-light plant o f the Badger Electrio
Co. of Racine and the electric lighting p lant form erly belonging to the
B elle C ity E lectrio R a ilw a y Co.
STOCK & B o n d s —
Date.
Interest. Outstanding.
M aturity.
C om m on
s to c k ,)
«^nn non
$500,000................. $ ................................
$oou,uoo
...............
M. g. guar.$5,000,000 ^ 1899 5
M. - N.
1,819,000 M ay 1, 1929
($1,000)......
. .o* ) C ity Trust Co., N. Y ., trustee.
In terest at Co.’s office, 30 Broad St., N.Y\ Bonds m ay be called at
110 on any in terest date.
The bonds are guaranteed, principal and interest, b y the Milwaukee
Electrio R a ilw a y A L igh t Company.
E a r n in g s —F iscal year ending Deo. 3 1 ,1 9 0 1 :
Gross—R a ilw a y .............. $264,122 Expenses—R a ilw a y ___ ) i 1 0 f lcia
“
E lectric light. $ -*i y 6.4d J
“
Eleotrio light. ...
61,108
T o ta l gross............... $325,230 N et ea rn in gs.................. $128,791
Interest, $95,376; taxes, etc., $7,317.
O f fic e r s a n d D ir e c t o r s —Same as The M ilw au kee E lectrio R a il
w a y & L igh t Company.
General office, 451 Broadw ay, M ilwaukee, Wis. N e w Y o rk office,
30 Broad Street.—V. 68, p. 619, 872; V. 70, p. 277; V. 72, p. 283, 937.
W I S C O N S IN
POWER CO-
T R A C T IO N L IG H T , H E A T &
ORGANIZATION—This oompany was incorporated at M ilw au kee in
August, 19u0, w itli a nominal capital o f $10,000 (since increased to
$1,000,000), fo r the purpose o f uniting certaiu sm all properties in
the Fox- R iv e r V a lley; w ill also fo r m .it is thought, a link in a line
from Chicago to Green Bay, W is, The N orth Am erican Co. is in ter
ested as a small ow ner o f s.ock. V. 71, p. 493. Secured control o f
the F o x R iver V a lley Eleotrio R y. and the A ppleton E lectrio Ligh t A
P o w er Co , and has consolidated them.
S t o c k a n d B o n d s .—
Date.
Interest. Outstanding. M aturity.
Stock. $ l,0 0 o ,100 ($ 00)
...........................
(?)
........ 7.......
1st m ortgage $3.0u0,000 ) 190L
5g. J-J
$700,000 July 1, 1931
( gi ,000), gold, no 8. f..c* $ Int. at M ilw aukee Trust Co., Mil., trustee.
Bonds.—E n tire issue m ay be called on any interest date at 110.
R o a d . -O p era te s 15 miles o f track, connecting Neeuah, Menasha
and Kaukana, and 5 miles lo ca lly in the c ity o f A p pleton , m aking a
tota l o f 20 miles o f track.
O f f ic e r s .—President. John I. Beggs, M ilwaukee, Treasurer, H en ry
D. Smith, First N ational Bank building, A ppleton, Wis.—V. 72, p. 935;
V . 73, p. 186,288.
5
ST
y
SJ
REET RAIL W AYS.
M I N N E A P O L I S , M IN N.
it i
N o r MiSNEAFOLfd a Ml) St , P a u l CO v ih lslu i n 1900 w a a
366.350* IN 1890 WAS 297,894; AND is 1880 WAS 88,360.
T W IN
C IT Y R A P ID
T R A N S I T —Cable and electric
road.
O r g a n iz a t io n - O rganized muter the law s o f the State o f N e w Jersey,
June 3, 1891, amt by \ iftu e or its stock ow nership o f the uutterly
tag eou panics (tu w it: T h e M in neapolis S treet-R an w a y Go., T h e St.
Paul Gity R a ilw a y Co. and the M inneapolis L y n ia le & M innetonka
R a ilw a y Co.) controls and operates the en tire street ra ilw a y system
o f M inneapolis and St. Paul,
A lso owns the en tire ca p ita l stock ($300,000) o f the M inneapolis
«1 St. Pau l Suburban R y, (o rga n ized June 1, 1899), w hich it operates
as part o f its system .
In M ay, 190 , stock hold erg w e r e g iv e n the rig h t to ta k e a t p a r
$1,500,900 additional stock, p a ya b le in m ^lalm ents, the la st Dec. 1,
1902, lit is w ill m ake outstanding stock $16,500,000. V. 74, p. 1089,
STOCK & B o n d s —
Dale.
In tere st, ou tsta n d in g .
M a tu rity .
Tw in City Kap. T ra n ,—
C 0 0 “ oOO; p a r / { l o o } ........
1>' S T T T Y o OM 1595
M in n . S t By. Co,—
5 Q 'F 7 Q- J -
were extend ed on Hupt. 12, I t 01, to M arch 1*2, 1955
Fur term s o f
new fran ch ise ^ee V. 73, p. tilth i t was Intended origin a lly to include
also the M obile G a sligh t A Coke Co. and the L b . tiic L i/ h u n g Co. o f
M obile, but this pa rt or the schem e w a * abandoned. V. 73, u. c54.
STOCK <$c B o n d s —
Date. Interest. Outstanding. M a tu rity .
$2,25<i,000
...........
Stock, $2,250,000, par $100.. ................. .
1st m ortgage, gold ($1,000) . 1497 5g. J D
400,000 June 1, 1937
Consolidated m m tg^ gc, g o ld } 1901 5g. M-S
900.COO Sept 1,1941
($1,000), $2,250,000
i In t. at N .Y See. A Tr. Co., S . V.,Trustee.
M obile Ht. HH. 1st m ortgage, J 1893 0g M -N
240,000 M ay 1, 1923
gold, $350,000. - e " / Farm ers’ L o an A Trust, X. Y , Trustee.
In tere st at Nat. C ity Bank, N e w Y o rk , and Canal Bank, N e w Orleans.
Bonds— O f the $2,250,000 m o rtgage, $700,000 is fo r p rio r liens*
R o a d , E t c .—O w ns 37 m iles o f track in M obile and ex ten d s to
Sprin g H ill, W histler and M onroe Park. Com pany aL.-o ow n * ‘ ‘ M on
ro e P a r k ” and w ater p ow er and 320 acres of land; a Ho elec tric ligh t
plan t o f ca p a city o f 6*000 incandescent lam ps and 30 arc lamps, w ith
p ow er circu it and po w er homse,
O f f ic e r s — P res, at d M gr., J. H. W ilson; Sec and Treas., C. W . Chase.
— V. 61, p. 282 ; V. 72, p. 989, 1080; V. 73, p. 236, 287, 554, 616.
$15,010,000 M a y 190 2,1^%
3,000.000 A p r., 1902,1%
MONTGOMERY, ALA.
P o p u l a t i o n 1900
w a s 30,346; in 1890 w a s 21,883;
a n d i n 1880 w a s 16,713.
230.000 N o v . 1 / 19 10
M O N T G O M E R Y S T R E E T R Y - A trolley road.
1 y ea riy *’ r6d' a U ° 5' ] 1880
7g' H
2a m ort., gold...Cifei* 1883
6g. M .-N .
600.000 Nov* 1, 1913
In M ay, 1902, R ich ard Tilths o f M on tgom ery purchased a c o n tro llin g
1st consol, m a rt gold,
in te rest in this p rop erty. Bee V. 74, p. 1139
$ 5 ,000,0 00..........0* 1889
5g. J.ij -J.
4,170,000 Jan. 15, 1919
O r g a n iz a t io n —a consolidation, A u g. l , 1894. Has a perpetu al but
St. P a u l City By. Co.—
not exclu sive franchise. In Feb., 1901, purchased the W est En d S treet
1st M. o n r e a le s t’ea n d ) 1882
6g. A.-O .
224,000 A pr., 1, 1932 R y. and is n ow o p era tin g it. Cxi M a y 7, 1901, the M o n tg om ery S treet
horse-ear ir a n e lt .. ( E x ch an gea b le at 105 fo r 1st consoL
Ry. re c e iv e d fro m C ity Council au th ority to con n ect its tracks w ith
1st consol. M., g o ld .. 1884
% , A .-O .
456,000
Oct.1,1the
934M o n tg o m ery Suburban St, R y.
Cab* con., g., see te x t. 1887
5g. J . ij - J .
3,708,000 Jan. 15,1937
S t o c k ,B o n d s ,E t c . M iles. Date. Interest. Outstand'g
M a tu rity .
M in n . & St. P a u l Sub. / y.—
Stock, $ 3 5 0 ,0 0 0 ............................ .............
$290,000 ............. .
1st M., g., $500,00«b.e*
1893 6g. F - A
290,000
1923
\ 1899 5 g M - S.
500,000 Sept. 1,1924 1st m o rtg ag e fo r J 14*25
G uar.by T w in C ity R. CIn t. at C en tral T ru st Co., N. Y ., Trustee.
$350,000. go ld .- I In tere st at F a rm ers’ L. & T., Trustee, N. Y . City.
T. and St. P au l City.*
Boruls—Th e bonds unissued m ay be sold at the com pan y’ s discretion.
M in n . St. dt St. P a u l C ity B y .—
R o a d —O wns 1 4 ^ m iles o f tr o lle y road, n ot in clu d in g the W est End
J o in t issue gen. m tge., $1,- > 1901 5 g J - J $1,000,000 Jan. 1 ,1 911 road. —V. 71, p. 33, 698; V. 72, p. 393 ; V .7 4 , p. 681, 1139.
OOOy 00 ($1,000) g o ld . 05 In t. p ayable a t CentT T r. Co. N . Y ., trust.
A ll bonds are fo r $1,000 each, and w ith th e ex cep tio n o f the Minn.
*& St. Paul Sub. Ry. in te rest is p a ya b le at Farmers* Loan <fc Trust
C om pany, N e w York.
P o p u l a t i o n i n 1901 w a s 266.826; i n 1891 w a s
C a pital stock—T h e authorized ca p ita l stock is $20,000,000, o f which
216,650; a n d i n 1881 w a s 155.237.
$17,000,000 is com m on stock and $3,000,000 is 7 p er cen t cumu
M
O
N
T
R
E
A L S T R E E T R Y - A tr o lle y road.
la tiv e p referred stock on which in terest is p a ya b le qu arterly.
O r g a n iz a t io n —Ch artered M a y 18, 1861. Franchises e x p ire in
D ivid end s— A ll dividends on p referred to and in clu ding A p r il 1,1902
1922. In M arch, 1899. a u th ority w as re c e iv e d from the Dom inion
(1 % p er cen t), h ave been paid. F irst divid en d o f 1 per cen t w as paid
on the com m on stock in A u gu st, 1899; in 1900, 3 per cent; in 1901, P a rlia m en t to increase the stock to $ lO,000,000 from tim e to tim e. In
3^9 per cent; in 1902, Feb., 2 p. o.; changed to q u a rterly and lk*% paid March, 1900. shareholders au th orized the issue o f $1,000,C00 o f the
new stock (rnakiDg the am ount ou tstan ding $6,000,000) for b etter
M ay, 1902.
See fu ll description o f p ro p e rty In a p p lica tio n to the N e w Y o rk ments, n ew cars, etc. Bhareholders w ere a llo w ed to take tb e stock at
par. On June 20.1901 .purchased the M on treal P a rk & Island Ry. o f 40
Stock E xch an ge in June, 1895.—V. 60, p. 1148.
Bonds.—The M in n e a p o lis Street Bailw ay Co. jo in tly and severa lly miles fo r $1,100,000, The purchase includes $967,000 bonds, 3,150
w ith the M inneapolis L y n d a le & M in neton ka R a ilw a y Co. has issued share8 0f p ref *tock and 4,289 shares o f com. stock; o f the com. stock,
$5,000,000 5 per cent 30-year first m ortgage and iirst consolidated $58,000 is still outstanding. T h e purchase p ric e w as m et by an issue
m ortgage gold bonds, o f w hich $850,000 are held in tru st b y the Farm o f new debenture bonds, as show n below .
ers’ Loan T ru st Com pany to redeem the $850,000 prior lien bonds. See
STOCK a n d B o n d s —
Date. Interest.. Outstanding. M a tu rity .
$6,000,000 ’ 00-1 10%.
statem en t to N. Y . Stock E x ch an ge in June, 1895. T h e consols are Stock. $10,000,000; par $50.............................
S terlin g debentures, secured $ 1888 5 M -S
292,000 Mar. 1/08
also listed in London.— V. 60, p. 1149.
b y tru st d eed .......................t In t. at Bank o f M ontreal, London. Eng.
Th e St. P a u l City B ailw ay Com pany has issued $4,388,000 5 p er cent
1893 483 F - A
$681,333 A u g.1 ,’ 22
50-year cable consolidated bonds (inclu ding $680,000 held b y the S terlin g debentures, secured
b y tre s t d e e d ...... ............
\ In t. a t Bank o f M on treal, London, Eng.
Farm ers’ Loan & Tru st Com pany, trustee, to redeem the $680,000 prior
lien bonds above) under a m ortgage lim ited to $5,500,000. U nder N e w deb., $1,50^,000, g o l d } 1902 4 ^ g .M - N $1,500,000 M ay 1 , ’22
($100, $500 and $ l,0 0 0 ).c * > Int. at Bank o f M ontreal, M ontreal.
the m o rtg a g e these bonds can on ly be issued again st the actu al cash
Under tru st deed o f Aug. 10, 1893, the debentu re 5s and the 4-^.8 o f
cost o f construction, under a m ilea g e lim it o f $15,000 p er m ile. Part
1888 are o f equal rank.
o f these consols ($1,138,000 at la te s t d a te), are gu aranteed, principal
and in terest, by endorsem ent o f T w in C ity R. T. Co. See statem ent
L a t e s t E a r n in g s -—E ig h t months to M ay 31.
to N . Y Stock E xch an ge in June, 1895.—V. 60, p, 1150.
O f the first
Gross
Net.
Charges.
Su rplu s.
eons, iuort. o f the St. P au l C ity, $234,000 w ere held Jan., 1902, by the 1901-02............ $1,257,518
$491,280
$124,907
$366,3' 3
F an n ers L o a n & T ru st Co., to be exch an ged fo r th e $224,000 first
1900-01............ 1,174,100
430,412
75,996
354,416
m o rtg ag e bonds. Th e debentures w hich w ere due M a y 1, 1900, w ere
R
e p o r t —R ep o rt fo r y e a r in V. 73, p. 10’ 9.
all taken up b y the com pany.
T ea r end.
C on tin gen t
B a la n ce,
T h e M in n SI. By. & St. P a u l City Ry. m o rtg ag e o f 1901 is a jo in t
Sept. 30—
Gross.
kNet.
Account.
D ividends.
S u rp lu s.
issue o f the M in n eap olis S treet R y. and the St. P a u l C ity Ry.
$47,551
1901........... $1,900,679 $649,251
$50,000 (10) $551,700
R o a d - Consists o f 250 m iles o f standard-gauge road,all recen tly built 1900........... 1,769,904
647,246
50,600
(10) 512,500
84,746
or rebu ilt, and thorou gh ly equipped. T w o double tra ck electric lines, 1899 ........ 1,660,775
630,871
50,000
(10) 478,333
102,538
9 m iles long, connect the business centres o f the twro cities.
" A ft e r charges.
On the p rin cip a l streets o f the cities 80-lb. ra il w ith w eld ed jo in ts
Road —O perates 108*32 m iles of track.
and im bedded in con crete w a s used.
O fficers —President. L. J. F o rg et; V ice-P resid ei t. Jam es Ross; Sec
A second inter-urban lin e w as com pleted and began to be operated
on Ju ly 1, 1898, affordin g d irect com m un ication w ith Como P a rk and re ta ry and Treasu rer, W. G. Ross —V. 70, p. 480, 584; V. 71, p. 1 1 1 7 ;
V. 73, p. 82, 957, 1 0 5 9 ; V. 74, p. 630.
the State fa ir grounds. V. 68, p, 522.
Th e com pan y leases w a te r p o w er at St. A n th o n y ’ s F a lls (capac
it y 10,000 h. p.), w hich p o w e r is n ow used to run the en tire railw ay
system in both cities.—see V . 64, p. 704.
P o p u l a t i o n i n 1900 w a s 2,395; i n 1890 w a s 2,344.
L a t e s t Earnings —F iv e m onths to M ay 31.
Gross.
N et
Charges.
Su rplu s.
M O N T V I L L E S T R E E T R Y - A trolley road.
1902 ...... ..................
$1,356,556
$707,554
$330,301
$327,253
O rga nization —In c o rp o ra te d under laws o f Connecticut, and began
1901............................
1,178,257
614,505
360,595
254,00 J
op era tin g on June 5 ,1 9 0 0 .
Supplies p o w er fo r o p era tin g the N o r
A n n u a l R eport —F isca l y e a r ends D ec. 31. R e p o rt fo r 1901 was in w ich S treet R y . O w ns p r iv a te righ t o f w a y o v e r a good p a rt o f line.
V. 74, p. 323, show ing resu lts on the en tire p ro p e rty as fo llo w s :
STOCK & B o n d s —
Date. In te re s t. Outst and' g .
M a tu rity .
1901.
1900.
1899.
Stock, $300,000 ($ 1 0 0 )...................................
$250,000 Jan.,1902, 3%
R eceip ts from passengers.............$3,150,498 $2,814,205 $2,476,880
1st M., $350*000 ($ 1 ,0 0 0 )) 1900 5 g. M -N
250,000 M a y 1, 1920
R eceipts from oth er sources.........
23,478
25,150
45,914
go ld (ca n n o t be ca lled ) c* ] In t. a t A m erica n L o a n <& Tru st Co.,Boston.
Bonds— O f the 1 st m tge. g o ld bolds, $100,000 are held in escrow ,
T o ta l re ceip ts............................ $3,173,976 $2,839,355 $2,522,794
O peratin g expen ses........................ 1,303,196 $1,212,252
$971,342 and can o n ly be issued fo r 66 p e r cen t o f actu al certified cost o f im
In su ran ce and gen era l ex p en ses..
15,116
9,489
112,719 provem en ts o r additions to p rop erty. O rig in a l m o rtg a g e provid ed
In ju ries and dam ages..................
97,140
82,948
72,911 th at bonds m igh t be ca lled in 1905 at 105,but through a supplem ental
m o rtg ag e this red em p tio n clause w a s elim in a ted , so bonds a ie n ot
now su bject to call. Messrs. E. H . G a y & Co. placed the bonds.
T o ta l o p e r a t in g ....................... $1,415,452 $1,304,689 $1,156,972
EARNINGS—F o r.y e a r en din g June 30,1901: Gross, $78,225; net, $39,N e t ea rn in gs.......................................$1,758,524 $1,534,666 $1,365,822 922; ta xes and charges, $16,100; d ivs., $15,000; baL, surp., $8,822;
In tere st and ta x e s ............................. $666,638
$624,325
$628,243
D iv id e n d s —F irst d ivid en d (3 p er cent) w as p a id on Jan. 1 , 19GT, and
D ivid en d s on 7 p. e. p ref. sto ck ----210,000
204,750
187,553 3 p. c. w as again paid in July. In 1902, Jan , 3 p. c.
D ivid en d s on co m m o n ..................(4% )600,400(3% )450,300 (2^ )375,250
R o a d — Ow ns 10 66 m iles o f road, connecting the cities o f N e w L o n
don and N orw ich , Conn.; under con tract 2*84m iles; total, 13*50 miles;,
T o t a l........................................... $1,477/038 $1,279,375 $1,191,046
Balance, surplus............................. $281,486
$255,291
$174,776 la id W ith 60-lb T rails, and op era tin g 6 closed and 8 open oars.
OFFICERS—Presiden t, W . A . Tucker, Boston; Treasu rer, P. L. SaltonOFFICERS—Presiden t, Thom as L o w r y ; V ice-P resid en t, S ecreta ry and
Treas., C. G. Goodrich; A u d ito r, E. S. P a ttee; G en eral M anager, W . J. stall, 53 State St., Boston; S ecretary, W. A . B risco e, N o rw ich , Conn.—
H ield . F isca l A gen ts, J. K en n ed y T od <fe Co., 45 W all Street, N . Y . V. 71, p. 182, 342; V. 73, p. 185.
(V. 65, p. 1127; V. 66, p. 4 2 4 , 428, 4 6 9 , 1209; V , 68, p. 3 7 6 , 381,
5 2 2 ; V. 69, p. 1194; V . 70, p. 177, 4 2 7 ,6 8 8 ; V 71, p. 699 1168; V . 72,
p 5 3 0 , 1137, 1189; V. 73, p. 186, 1209; V . 74, p. 3 2 3 ,7 7 7 , 989,
POPULATION 1900 WAS 14,073; IN 1890 WAS 11,454, AND IN
1039, 1253.
___ 1880 WAS 8,295.
MONTREAL,
CANADA.
M O N T V ILL E , CONN.
M U SC A TIN E , IO W A .
M O B ILE , A L A .
P o p u l a t i o n 1900 w a s 38/469; i n 1890 w a s 31,076
a n d i n 1880 w a s 29,132.
M O B I L E L I G H T & R A I L R O A D —T ro lle y .
O r g a n iz a t io n —A consolidation on Sept, l , 1901, o f the M o b ile L igh t
& HR. and the M o b ile S treet R B .; the franchises o f both con panies
C I T I Z E N S ’ R Y . & L I G H T CO--Trolley andlight.
ORGANIZATION—Successor in 1902 to the M uscatine E lec tric Ry.
Date. Interest. Outstand'g.
M a tu rity .
S t o c k & Bo n d s —
Stock, $600,000. .k............ ........................
$600,000
......................
300,000
A p r. 1, 1917
l e t m ort., $400,000, gold. \ 1902 5g. A -O
,($ 5 0 0 )......... ............. c* 1 In t. a t W est. R es erve Trust Co., C levela n d ’
Trustee, or at N at. Bk. o f Com m erce, N , Y l
STREET RAILWAYS.
B o n d s .-* 10",000 are reserved for future extensions and better
ments. A re subject to eatl at 110 and interest on any interest date.
A sinking fund o f $15,000 per annum commences In 1007, wblcb is to
be used to re tiie $15,000 bunds yearly at 10D and interest.
A nnu al R e p o r t —-For calendar year 1901, gross, $72,577.
L a t e s t E a r n in g s —For seven months ending A p ril 30, 1902, gross,
$43,998; net, $14,739.
R o a d —Operates 8 miles of track. Standard gauge.
OFFICERS— President, L. IV. Prior, Cleveland; Vice-President and
Secretary, IT. W. Ilu ttig ; Treasurer, C. E. Denison, Boston.— V. 07,
p. 4 80; V. 68, p. 619.
58
NEENAH,
W IS.
P o p u l a t i o n 1900 w a s 3,954; i n 1890 w a s 5,083, a n d in
1880 WAS 4,202.
M E N A S H A
&
W A Y —A trolley road.
N E E N A H
S T R E E T
R A IL
O r g a n iz a t io n , E t c .—Chartered In 1885-86. Purchased Ju ly 1,
1897, by Dagnon Im provem en t Co. o f Cleveland, O., and m otive pow er
changed from horse to electricity. Road was extended to A ppleton
and Lake Winnebago. Stock (par $50),$25,000; 1st m ortgage, $25,000.
Owns 4 miles o f track.
N E G A U N E E , MICH.
M U S K E G O N , MICH.
P o p u l a t io n 1900 w a s 20,818; in 1890 w a s 22,702, a n d in
1880 WAS 11 262.
M U S K E G O N T R A C T I O N & L I G H T I N G COO r g a n iz a t io n Incorporated in Michigan on March 1, 1901, and Is
a consolidation o f all the street railw ay, cb-ctrio ligh t and gas compa
nies o f tho city. Has a ten-j ear contract with the city fo r s fie et liglitlug from 1901.
D ite . Interest. Outstnnrt'g. M a 'u rity .
S t o c k & Bo n d s —
................#. .. $600,000
...................
Stoolc, $600,000 ($100) ....
1901 5 g. M-S
500,000 Mar. 1,1931
First mortgage, $600,000,? Interest at W yom in g V a lley Trust Co.,
gold ($1,000)............ ....... (
W ilkesbarre, Pa., Trustee.
Bonds—O f ih e $600,000 authorized, $100,000 are reserved for e x
tensions and im provem en s. M ay be called after ten yoars at 105.
Earnings F or 12 months ending A p iil 1,1902. fo r i he street railw ay
and electric ligh tin g departments, and March 1,1902, fo r the gas de
partm ent :
O ptr. exp., inc.
G ross.
taxes ana ins.
.Vet.
Street ra ilw a y .......................
$83,625
$56,066
$27,559
E lectric ligh t.............................
28.413
17,787
10,626
Gas ............................................
31,016
18,989
12,027
T o ta l................................... $143,054
$92,842
$50,212
R o a d . - Owns and operates 15 miles o f road and serves as a term inal
fo r the Grand Rapids Grand H a ven & M> skegon Ry., which operates
40 m iles o f track between points indicated in the title.
O fficers*—President, F. A. Nlms, Muskegon; Vice-Pres., Liddon
Flick. W ilkesbarre. Pa.; Sec and Treas.. Theo. S Barber, W ilkesbarre;
M anager, F. S. Richmond, Muskegon.- V. 74, p. 937.
N A SH V ILLE , TENN.
P o p u l a t i o n 1900 w a s 80,865; i n 1890 w a s 76,168;
a n d IN 1880 w a s 43,350.
N A S H V IL L E
R A I L W A Y - A tro lley system.
O rganization —This is a consolidation of the N ash ville Street
R a ilw a y, the N ash ville & Suburbau and the Citizens’ R apid Transit. A ll
the stock of the Cumberland E lectric L igh t & P o w er is held by the
Baltim ore Trust & Guar. Co. in trust for the bondholders o f the Nash
v ille Ry. Includes all the street railw ays in N ash ville. Franchises
are perpetual. See V. 72, p. 1238.
The coupons due Feb. 1. 1901. on the $2,300,000 oonsols o f 1900
w ere purchased by the B altim ore Trust & Guar. Co. Messrs. John B.
Ramsay, John N. Steele, Fred. M . Colston, Wm. C. Seddon and R. Lan
caster W illiam s w ere appointed a com m ittee to look after the in ter
ests o f the bondholders, and a m a jority o f the bonds has been depos
ited w ith the Baltim ore Trust A Guarantee Co. under their call.
ReccversUip—Foreclosure proceedings have been begun, and June
21, 1901, Judge Clark in the U. S. Court at Chattanooga appointed
P ercy W arner and E. C. Lew is, receivers. In Aug., 1901, R. Lancaeter
W illiam s and Fred. M. Colston o f the bondholders’ com m ittee, acting
fo r a s.\ ndieate, purchased the share holdings o f T. Edw ard Hambleton and the Balt. Trust & Guarantee Co. V. 73, p. 392. Receivers
have been payin g up the past-due coupons on prior lien bonds. Decree
o f foreclosure entered N ov. 11,1901, but date o f sale not ye t fixed.
No plan of reorganization had been adopted up to June, 1902. V, 73,
p. 957. A n issue o f $500,000 6 p. o. receiver’ s certificates has been
authorized and $350,000 subscribed for at par.
Date.
Interest.
Outstand’g. M a tu rity
S t o c k & B onds —
Stock ($6,500,000 auth.)___
$5,47",000
Citizens’ Rapid Transit 1st 5 1890
6 s. J-J
60,000 J u lvl.1 9 1 0
M., $100,000, gold.
I Int. at Trust Co. o f Nor. Am ., Philadelphia.
McG. & Mt. V.Siim ’ r St. 1st M. 1886
6 J -J
65,000
1926
Do 2d series.................. 1887
6 J -J
485,000
1937
Do 2d m ortgage........... 1889
6 A -O
200,000 Oct. 1,1919
N ashville A E dgefield—
Consol, m ort., $400,000... 1889
6 J -J
274,000 Jan. 1,19 20
N ash ville St. Ry. consol. M.
•
1895
5
g
.
J
J
975,000 Jan.1,1925
$2,000,000, gold $1,000..
P o p u l a t i o n 1900 w a s 6,935; in 1890 w a s 6,078, a n d in
1880 w a s 3,931.
N E G A U N E E & IS H P E M IN G S T R E E T R A IL
W A Y & E L E C T R IC -
ORGANIZATION—Consolidation o f the Negaunee A fshpem lng Street
Railroad Co., the Negaunee E lectric Ligh t Co. and the Islipem ing Eleotrlo <fc Gas Co. Capital stock authorized, $150,000, o f which $*,000 in
treasury; no bonded debt. Dividends, 4 per cent. Unfunded debt on
A p ril 1, 1901, $14,000. Owns 4 ^ miles o f track and an e lec trio ilg h tin g plant.
OFFICERS—Pros! lent, Sam’ l M itchell; Vioe-President, F. Braastad
Secretary and Treasurer, A . B. Miner.
NEW
A L B A N Y , IND.
P o p u l a t i o n 1900 w a s 20,628; in 1890 w a s 21,059,
AND IN 1880 WAS 16,423.
N E W
A L B A N Y
S T R F E T
R R . - A trolley road.
On M ay 23. 1901, the N ew A lbany R a ilw a y Co. was purchased at re
ceiver’s sale by Richard L. Veech of Louisville, K y., fo r $56,100. Road
was reorganized under present name in 1902.
R o a d —Operates 8 miles o f track and road; 20 cars.—V. 64, p. 800;
V. 72, p. 1080.
OFFICERS.—President, B. B. Veech; Gen. MaD., Louis Hartman.
H I G H L A N D R A I L R O A D . —A tro lley road.
O r g a n iz a t io n —Incorporated in 1895. Succeeded on Decem ber 1,
1895, N ew A lb a n y H ighland RR., sold in foreclosure.
Stock $25,000. 1st m ortgage, $75,000, incomes fo r 5 years, dated
1896, 5 per cent, J. & J., issued $56,000, due January 1, 1921.
R o a d —T w o miles o f track.
OFFICERS—President, H en ry T e rs te g g e ; V ice-President, John H.
Shrader, jr.; Secretary and Treasurer. Frank II. Gohmann.
NEW
BEDFORD,
MASS.
P o p u l a t i o n 1900 w a s 62,442; in 1890 w a s 40,733,
a n d in 1880 w a s 26,845.
D A R T M O U T H & W E S T P O R T S T R E E T R Y .An electric road.
O r g a n iz a t io n , E t c .—Stock, $150,000; 1st m ort., $150,000, dated
1895, gold, o* ($1,000 each), 5s A -O , issued $90,000, due A p ril 1, 1915,
trustee, In tern ation al Trust Co., Boston, w here interest is payable.
D i V'DENDS—In 1895-6, 9L3 p. 0.; in 1896-97, 8 p. o.; in 1897-8, 8
p. o.; in 1898-9. 8 p. 0.: in 1899-1900, 8 p. 0.; in 1900-1901, 8 p. 0.; in
1901-02, Jan., 2 p. 0 ; A p ril, 2 p. 0.
R o a d -C on nects cities o f F a ll R iv e r and N ew Bedford. Owns 9-84
miles o f track and operates in a ll 18-91 miles o f main track.
E a r n in g s —Fiscal year ending Sept. 30, 1901, gross, $119,545; net,
$41,660; interest, tuxes, ere., $14,014; dividends, $12,000; surplus,
$15,616. President and Treasurer, H. H. Crapo o f N ew B edford; See.,
Robt. s. Goff, Fall R iver.
N E W
B E D F O R D
&
O N S E T
S T R E E T
R Y - A
tro lley road.
O r g a n iza tio n In corporated in Massachusetts in 1901. This compauy is owned in the same interest as the Union Ry. Co.
Date. Interest. Outstand’g.
M a tu rity.
S t o c k & B onds —
Stock, $500,000, $ 1 0 0 .... . .....................
$-00000 ..................
1902
5g. J-J
280 000 Jan. 1, 1S22
1st m ortgage, $500,000, ^ In t. at In tern ation al Tr. Co.. Boston, Trustee.
gold ($1,000)............./ N o sinking fund and not subject to call.
R o ad - Owns 21-42 miles o f track on 16 miles o f road betw een Fairhaven and Onset.
OFFICIALS—President, H. H. C rapo: Vice-President, Tlios. B. T rip p ;
Secretary, Clarence A . Cook; Treasurer, E lton S. W ild e; M anager, E
E. Potter.
U N I O N S T R E E T R A I L W A Y - A trolley road.
N ash ville R v ls tc o n s o l M ? 1^00 5 g. F - A
2,300,000 Feb.1,1950
O rganiz ation —incorporated M arch 18,1887.
lg. ($1,000),
($1 000) S6
500
000
c*
t
I
n
t
at
B
altTrU8t
&
Guar.
Co.,
Trustee,
$6,500,000. o J and K ou ntze Bros> 120 Broadw ay, N. Y.
STOCK & BONDS—
Date.
Interest. Outstand'g. Last div., etc.
R ece’ s cert.. 1902,$500,000 ..........
6
...... . ................ Stock,$6b0,000(par$100) ........
Q- F
$600,000 M ay,1902,2%
Eleo. L igh t Companies’ bonds..........................
$525,000 ..............
Consol. M. tor $500,000, (189 4
5 g J -J
400,000 Jan. 2, 1914
Stock and Bonds—O f the $6,500,000 1st con. m ortgage, $2,549,000
g., 8. f., not subj. to call f In t. at Old Colony Trust Co., Boston, trustee.
are reserved to retireu n d erlyin glien s and $1,651,000 are held for fu
Dividends—In 1896-97, 10 p. 0.; in 1897-8, 6 p. c.; in 1898-99, 8 p. 0.;
tu re extensions, &c.
Bonds cannot he called, but the N ash ville R a il
i n ’ 99-00, 8 p. c.; i n ’00-01, 8 p. 0.; i n '01-02, Feb., 2 p. 0.; M a y ,2 p . e.
w a y Is required to pay to trustee all surplus above 5 p e rc e n t on out
R oad —On Sept. 30,1901, ow ned 29 87 m iles o f tro lle y road (meas
standing stock (but not in excess o f $50,000 annually), and this is
to he devoted to purchase o f bonds at not above 110 and interest. ured as single track).
Of the N ash ville St. Ry. consol, mortgage o f 1895, $1,025,000 is in es
L a t e s t E a rn in g s —From Oct. 1 to M ay 31,1902, gross, $184,653,
crow to redeem underlying bonds.
against $152,250.
Road—Operates 66-2 miles o f track.
E a r n in g s —F o r years ending Sept. 30.
1901.
1900.
I
1901.
1900.
Earnings —F or six months ending Dec. 31,1901, gross, $591,456.
Gross e a rn s ...$272,859 $249,640 |D ividends p a id ..$48,000 $36,000
O f f ic e r s - P re s t, P e rc y W arner; Sec. and Treas., N. P. Yeatm am — N e t................. 102,528
98,738 I Bah,sur.,for year 9,525
24,479
Y. 70, p. 176, 280, 1095; V. 72, p. 283, 438, 1238, 1280; Y . 73, p. 392, In t.,taxes,etc. *45,003
38,259 |
723, 957, 1011,1061; V. 74, p. 1252.
* In clu din g $5,752 fo r tem p orary bridge construction.
OFFICERS—President and Treasurer, H. H. C rapo; Vice-President,
Thos. B. Tripp; Secretary, C. A. Cook; Supt., E. E. P o tter, all o f N ew
Bedford.—V. 63, p. 1 0 6 1 ; V. 70, p. 947, 1050.
P o p u l a t i o n 1900 w a s 9.488; i n 1890 w a s 9,118;
a n d i n 1880 w a s 8,479.
N A T I C K & C O C H I T U A T E S T - R Y . - T r o U e y road.
P o p u l a t i o n 1900 w a s 20,006; i n 1890 w a s 18,603;
ORGANIZATION—Extension from Coehituate to W ayland Centre com
a n d i n 1880 w a s 17,166.
pleted in July, 1899, increasing length o f road to 18 miles. Stock,
$100,000, par $100. No bonds. Unfunded debt Sept. 30,1901. $66,957.
M ID D L E S E X & S O M E R S E T T R A C T IO N CO.
Dividends—In 1894-5, 5 p. o.; in 1895-6. 5 p. c.; in 1896-7, 6 p. c.; in —A trolley road.
1897-8, 6 p. e.; in 1898-9, 8 p. c.; In 1899-1900, 8 p. o ; in 1900 1901,
O r g a n iz a tio n —Incorporated at Trenton, N. J., in Feb., 1900, as a
8 p. c.
consolidation o f the Brunswick Traction Co., N ew Brunswick City Ry.
E a r n in g s —F or years ending Sept. 30:
and the N. Y . & Philadelphia Traction Co.
Gross.
Net.
Int.di taxes. Dividends. B al.,sur.
STOCK & B onds —
Date. Interest. Outstand'g.
M a tu rity.
1900-01.............. $72,224
$13,657
$5,330
$8,000
$327 Stock, $1,500 000.............................................. $1,500,000
................
1899-00.............. 68,812
14,689
5,519
8,000
1,170 Brunswick Traction m tg .,g. > 1896 5g. J-J
500,000 Ju ly 1 . ’ 26
189 8-99............ 64,371
13,762
4,247
8,000
1,515
($1 000), c* cannot be called j F id e lity Tit. & Dep. Co. o f Newark,Trus.
„ OFFICERS—Pres., H arrison H a rw o o d ; Treas., R. W . H a rw o od ; Clerk, M iddlesex A Somerset Trac., ( 1900 5 g.J J $1,000,000 J a n .1,1950
F. H. Hayes; Supt., F. P Quackenbush, all o f N atick.
g.,$l,000,M ..S l,500,000/c 5 In t. at F id e lity Tr. Co., N ew ark,Trustee.
NATICK ,
MASS.
NEW
B R U N S W I C K , N. J.
STREET RAILWAYS
54
Lum.' v
thr. new Lut.ur. 5fc uC 1900 *5 0 0 ,G*m) a iv n-,'t:i ve<i to re tire
tlivv Brtin,nwii'k T ractio n go ld 5 a, due July 1, 192 tL New bond# cannot
be onlled before m atu rity.
m H Oa o - Com prises 51 m iles o f track coverin g te rrito ry in and around
Nr w jirun-tw irk Bound B rook d ivision running from N ew B ru nsw ick
to Bari tan through. Bound Brook, Fiuderm- and S om erville; also
through Lin coln to Duuellen, conn doting with Plain tleld, E lizabeth
and N r w -York, in all about 20 m iles o f track through Bonham pton
to Metuehr-n, g miles, also to South A m b o y, through M illto w n , South
R iv e r and SayrevUlo, l o m iles o f track.
EARNINGS—F o r c a e n d a r y e a r 1901 gross, $162,819 j not, $62,782.
P OFFICERS— P resid en t, G o ttfrie d K ru e ger, N ew a rk , N. J.; V ice-Pres
ident, A n d rew H. Radel. B ridgeport, Conn.; Seedv and T rea *., Edw ard
H. Radel, New Brunsw ick, N. J.; Gen, Man., Thos. F. W a ls h ; Supt.,
Jas. B u ttler.— V. 63, p. 29; V. 70, p. 229, 230, 382, 532.
NEW
H A V E N , CONN.
NEW ENGLAND STREET R A IL W A Y .
in May, 1900, the F a ir 11a yen a West villa gain ed co n trol o f the New
E n glan d S treet R y., and th - d irector- o f the U t te r then arran ged fo r
a sale o f the com pany s h oldin gs o f the * took o f the W inch ester A ven u e
HE, to the F a ir H a ven A W estville, th© stock o f the N e w England
S treet Ry. t » oe reduced by the am ount or the proceeds, in June,
1902, the F a ir ELiven
W e s tv ille exch an ged its stock, share fo r share,
fo r that o f the W inch ester A v e .
STOCK.—
P a r . D iv id en d . O utstanding.
L a st D iv .
*’ a u t h l r i z S '0.00.’ 00.0 }
P o p u l a t io n 1900 w a s 108,027; i n 1890 w a s 86,045;
AND w 1880 WAS 62.882.
F A I R H A Y E N & W E S T Y I L L E R R-—
A trolleyroad.
O r g a n is a t io n - " I n corporated June 30, I8 6 0 .—V. 64, p. 134. On N o v.
1, 1898, the N e w H a ven Street R a ilw a y w as purchased fo r $200,000
stock-and $500,000 one-year notes (w hich w e re taken up w hen due),
and consolidated w ith th e F. H. & W .—V. 67, p. 843, 955.
In M ay, 1900, obtained con trol o f the N e w E n glan d St- B y., w hich
in turn con trolled the W inch ester A ve. E E . In June, 1902, absorbed
the W inchester A v e . E E . b y exch an ge o f stock, share fo r share. This
n o w gives the F a ir H a ven Ifc W e s tv ille co n trol o f a ll the street ra ilw a y
lines in N e w H a ven , as w e ll as an e x ten s ive system to surrounding
localities.
Divides. Outstand’g.
M a tu rity .
S t o c k and B onds—
P a r.
Q-Jan. $3,800,000 A p r., 1902, 1*4
Stock auth. ($5,000,000).
$25
N .H . & C e n terville 1st M .t ) 1QQn
5 g M-S
283,000
Sept. 1, 1933
go.,assum’d by F .F .& W . {
N e w H a ven S treet R y .—
1st m ort., gold ($600,000).. ) 1893 5 g. M -S 600,000
Sept. 1, 1913
$500 and $1,000.............. 5 In t. at trustee, A m . L. & T r. Co., Boston
1st purch’e M.$250,000g..o. ) 1894 5
J -D
250,000 June 1, 1914
$1,000 not subj. to c a ll... s lo t . at trustee, Am . L . A Tr. Co., Boston
Slock.—T h e ca p ita l stock w as increased in N ovem b er, 1898, from
$900,000 to $2,000,000, to pay a divid en d o f 100 p er cen t in stock und
to m eet p a rt o f purchase p rice o f N e w H a ven S treet R a ilw a y , and in
Oct., 1899, w as fu rth er in creased to $2,500,000 to re tire the $500,000
one-year notes issued to effect the purchase. In Ju ly, 1901, w as again
increased to $3,000,000 fo r th e purpose o f clea rin g o ff its floa tin g
debt and to build an ex ten sion to D erb y (V. 73, p. 82) and in June,
1902, was again increased to *3,800,000 in ta k in g o v e r the W inches
te r A ve. R R . stock ; $1,200,000 stock is also proposed fo r im p ro v e
m ents V .7 4 , p 987.
V ivutend s.—On A p r il 1,1899, l h o c.; J u ly 1,1*4 p.o.; O c t.l, 1*4 p.o ;
in 1900, 5 p. o.; in 1901, 5 p. o.; in 1902, Jan., 1*4 p. c ; A p r il, 1*4 p. o.
R o a d —I n Jan., 1902, consisted (n ot in clu ding N e w E n gla n d S treet
R a ilw a y o r the W inch ester A ven u e) o f about 68 m iles o f track, em
b racin g fo llo w in g lin e s : Old F. H. & W ., 20 m iles, e x ten d in g from
F a ir H a v e n v ia Chapel S treet, N e w H a ven , to W e s tv ille , w ith branches
to steam boat w h arf, out E a st Chapel Street, to railroad station, etc.;
N e w H a ven & N orth H aveD 8 tre et R a ilw a y , 2*2 m iles; N e w H a v e n <fe
O e n tre v ille , 7 \ m iles; fo rm er N e w H a ven S treet R a ilw a y lin es, a g g re
g a tin g about 38 m iles, and ra d ia tin g fro m the business cen tre o f N ew
H a ven (“ T h e G re e n ” ) to E ast R ock P ark , F o rt H a le P a rk , the old
G overn m en t L ig h t house and the P o in t, and the adjacen t bathing
beach, Lake W h itn ey and L a k e Saltonstall, the suburban v illa g e s o f
M orris Cove, W h itn ey v ille, E a st H a ven , C e n tre ville and W e s tv ille ; also
to M t. Carm el, C osey Beach and M an sfield’ s G ro ve. W ith the absorp
tio n o f the W in ch ester A v e . R R ., to ta l tra ck is 90 miles.
E a r n i n g s — F o r years en din g June 30 earn in gs (on 65 m iles) w e re at
fo llo w s :
1901.
1900.
f
1901.
1900.
Gross............... $644,527 $591,801 1D ivid en d s___ $125,000 $106,250
N e t .................. 264,454
259,405 I In te re s t.........
62,511
69,922
T a x e s ..............
40,290
37,020 I B alan ce, surp. 36,653
46,213
OFFICERS—Presiden t. H e n ry S. P a rm elee; V ice-P res., Sam uel H e m
in g w a y ; Sec. and Treas., L e v e r e t t Caudee. D irectors, H. S. P a rm elee,
John B. C arrin gton , Sam uel H e m in g w a y , H a y e s Q. T r o abrid ge, Geo.
D. W atrous, Jam es S. H em in g w a y , W ilb u r F. D a y, Sam uel E. M erw in ,
all o f N e w H a ven .— V. 70, p. 996. 1095; V. 71, p. 698, 1311: Y . 72, p.
480; V. 73, p. 32, 82; V. 74, p. 893, 987.
t ( l ) W IN C H E S T E R A V E N U E K A I L R O A D - A t r o lle y road.
r In June, 1902, was absorbed b y the Fair H a v e a & W e s tv ille R R . b y
exchange o f stock, share fo r share.
STOCK & B o n d s .—
P a r.
Interest. O utstanding.
L a s t d iv. etc.
C
5 g . M .-N .
$500,000
N o v. 1. 1912
1st M .g o ld 1 8 9 2 ..c*<fcr< Interest at 1st N a t. Bank, N. Y ., and in Boston
( a t Safe D ep o sit & T ru st Co.
Bonds—Th e bonds are jo in t o b liga tion s o f the W in ch ester A ven u e
R R . Co. and the N ew H a v e n & W est H a v e n and c o v e r a ll p ro p e rty
ow n ed or to be h e rea fter acqu ired under th e charters.
r R o a d — O perates 23*97 m iles o f track, o f w hich 19*95 ow ned. Its
lin es ex ten d to U nion D epot, S avin R ock, C ity P oin t, E v e rg r e e n Cem
e te ry out Congress A v e . to B o u le v a rd ; also C rosstow n lin e to R ead
S treet. Leases W est Shore R y .—w hich see. R a ils, 50 to 80 lbs. steel
T ; standard gauge.
E q u ip m e n t—108 cars, 3 express cars, 3 w o rk cars, 4 sn ow p low s and
l.s w e e p e r.
A n n u a l R e p o r t —F o r ye a rs e n d in g June 30: I n 1901, gross, $287,156; net, $98,562; in te rest and rentals, $32,841; ta xes, $16,646; d iv i
dends, $40,000; bal. sur., $9,075.
( - ) W E S T S H O R E R A I L W A Y —A t r o lle y road.
"*■ O r g a n iz a t io n —F rom Dec., 1895, road w a s leased for 99 years to
W inch ester A v e n u e R a ilro a d , In terest and divid en d s at 5 p e r cen t p er
annum being gu aranteed.
STOCK & B o n d s — M iles. Date. Interest. O utstanding. M a tu rity .
Stock, $200,000 ($25).....................
5
$80,000 f.p. 5% div. guar.
l s t M . , $30,000, gold, > 3*9 1894 5 J-J
30,000
J u ly 1, 1914
su bject to c a ll........ S In tere st at M erchants’ N a t. Bank, N e w H a ven .
R o a d — Ow ns road 3*9 m iles n len gth , ex ten d in g from S avin R ock to
W oodm on t in the tow n s o f O range and M ilfo rd . A lso has tra ck a g e o v e r
W inch ester A v e n u e L in e to cen tre o f N e w H a ven . R a ils T , 60 lbs
M A N U F A C T U R E R S’ R A IL R O A D C O P O
r g a n i z a t i o n — O rgan ized N o v. 23.1893; ch a rter am ended M a y 1L
1895. Ow ns roa d 1*2 m iles in length, used o n ly fo r fre ig h t purposes,
ru n n in g fro m a fr e ig h t dep ot to a m an u factu rin g section, p a rt o f the
w a y on p r iv a te land and p a rt on the streets. P o w e r is o b tain ed from
F a ir H a v e n line. Com pany ow n s one elec tric lo com otive. C apital
stock, $20,000; a ll issued. N o bonds. B ills p a ya b le June 30,1901,
$14,000.
E a r n i n g s — F o r y e a r en din g June 30, 1901, gross, $6,987; net,
$1,324; interest, $726. In 1900,'g ro ss, $7,216; net, $3,143; taxes,
$580; in terest, $722.
O f f ic e r s . -P r e s id e n t, G eo rge S. Barnum ; V ice-P rest., N . W . K e n
dall; S ecretary, F ra n k L . B ig elo w ; Treas. & Gen. M gr., S. J. F o x , a ll o f
N e w H a ven .
* 25
text Q,,~ J.
$1,106,925
A pr., 1900, %
D iv id e n d s : In 1895, 4*4 p. c,; in ’ 96, 4% p. e.; in ’97, 3 ^ p. c.; in *98,
2*4 p. c.; i n ’ 99, Jan., 3 p. c.; in 1900, Jan.. \ p. c.; A p r., \ p. c ; Ju ly
and Oct. dividends passed. N on e since to M ay, 1902, di vidends passed.
O FFICER S—President, Henry 8, Pa rm elee; V ice-P res., Sam uel Hem n gw a y; Sec. and Treas., A. E Pond, N ew H a ven , Corm —V , 63, p.
229; V. 70, p. 740, 842, 895, 946, 997, 1095; V. 71, p. 84, 237.
NEW
LONDON, CONN.
P o p u l a t i o n 1909 w a s 17,548; i n 1890 w a s 18,757 ;
a n d i n 1880 w a s 10,537.
N E W L O N D O N S T R E E T R Y - A trolley road.
O r g a n iz a t io n —Incorporated March 7, 1883, and has p erp etu a l
franchise.
Sto c k & Bonds—
M iles. Date.
In t . Outstanding. L a s t d i v e t c .
Stock ($500,000 auth.) )
T T
$100...........................5 ..............d ~ J $250,000 J u ly,1 9 0 2 ,2 ^ %
1st M., $150,000, go ld . 7*18 1893 5 g A - 0
140,000
Oct. 1, 1923
In tere st and divid en d s are p ayable at A m erica n L o an & T ru st Co..
Boston. O f the m o rtgage fo r $150,000 the balance unissued is reserved
to be applied under law s o f Connecticut fo r n ew p ro p e rty , as needed,
at not ex ceed in g 75 p er cen t o f its cost.
D ivid end s Ju ly, 1894, 2*2 p. c.; in 1895, 6 p. c.; in 1896, 7 p. o.; in
1897, 7 p. c.; in 1898,7 p. c.; in 1899, 5 p .o .; in 1900, 4 p. o.; in
1901, 4 x>. c.; in 1902, Jan., 2*2 i>. c., Ju ly, 2 l2 p. c.
R o a d — O w ns 8*07 m iles o f road (sin gle track) la id w ith 48-lb. T rails.
O perates 23 cars and 2 snow plow s.
L a t e s t E a r n in g s —H mos., > 1902 — Gross, $64,486; net, $22,627
J u ly 1 to M a y 31.
>1 9 0 1 ---- Gross, 57,814; net, 16,832
A n n u a l R E P O R T — F o r years en din g June 30: In 1901, gross, $65.181; net, $24,384; in terest and ta xes, $11,136; divid end s, $10,000;
surplus, $3,248.
OFFICERS—P resid en t and S ecreta ry, W a lte r L ea rn ed , N e w L o n d o n ;
Treasurer, W illia m A . Tu cker, Boston; Superintendent and Purchasing
A g e n t, Loren zo B e n tley .—V. 61, p. 611; V. 62, x>. 684: V. 74, p. 94.
NEW
O R LEANS, LA.
P o p u l a t i o n 1900 w a s 287,104; i n 1890 w a s 242,039;
AND IN 1880 WAS 216,090.
ALGIERS
GOULDSBORO
&
G R E T N A -
R o a d — 3*75 m iles w ith an im al p ow er. C a p ita l stock, $25,000; bonds
$25,000. President, T rea su rer and Supt., A . M . H a llid a y ; Gen. Mgr.,
A . Roupuch.
_______
N E W O R L E A N S R A I L W A Y S C O . - R a i l w a y and
ligh tin g system.
O r g a n iz a t io n —In co rp o ra ted under N e w Jersey la w s on Jan. 28,
1902, w ith $5,000,000 ca p ita l stock, and on A p r il 1, 1902, took o v e r
under lease (V 73, p. 1356,) th e N e w Orleans C ity R R . Co. In M ay,
1902, capital stock w as in creased to $40,000,000 and a n ew m o rtgage
fo r $40,000,000 created to p ro vid e fo r the acquisition and consolida
tion o f the N e w O rleans C ity R R ., N ^ w O rleans & C a rrollton R R .
Litfht & P o w er Co., O rleans R R ., St. Charles S treet R K ., N e w Orleans
Gas L ig h t Co., N e w O rleans L ig h tin g Co., E dison E le c tric Co. and
M erchants’ E le c tric Co., com prisin g p ra c tic a lly a ll the street ra ilw a y
and lig h tin g in terests o f N ew Orleans. F o r term s o f exch an ge see Y .
74, p. 988,1089, 1139. Th e N e w Y o rk Secu rity & Tru st Co. arran ged
and carried through the consolidation.
P rovision is m ade in the underm entioned issue o f stocks and bonds
o f the N e w O rleans R a ilw a y s Co. fo r sufficient securities to ta k e up
upon the p r o p o ^ d basis o f exch an ge the stocks o f a ll the constituent
com panies aud a ll th eir bonds w hich can n ow be retired . Such o f the
bonds o f the constitu en t com panies as cannot be re tir e d at presen t
appear in the table below .
Th e plan o rig in a lly contem plated the in clu sion o f the St. Charles
Street R R ., but this is n ow om itted.
M a tu rity .
Date. Interest. O utstand’g.
S t o c k and B onds—
Com., $30,000,000 ($100)
(?)
P f., 4% .cuin.,$10,000,000
($100)
--------; .......
(?)
J u ly 1,1952
N. O. R w ys. Co. m o r t ,r) 1902 4*2 g. J.-J.
(?)
$40,000,000 gold. s. f. ^ In t. a t N . Y . Sec. & Trust, N. Y . C ity,
Trustee.
($1Q0, $ j 00, $1,000).
1898
4-5 g.
3,200,000 July 1, 1943
a° ] In t.a t 4 p. c. fo r 5 y ’rs and 5 p c. th erea fter,
g o ia ........... ( p a ya b le at Louisian a N at. Bank.
N ew Orl. C ity R R .,ls t M. 1879
6 J -D
398,500 D c. 1, 1903
N
e
w
O
rleans
C
itv
&
L
a
k
e
^
1893
5
S
2,601,500
1, at
1943
N ew u riean s o it y & L a k e , Suf} io caU fo r 8 f on & a ft, J uJan.
ly 1/98
110
Hia
'T
f Trustee, Colum bia F in a n c e d Tr. Co.,Louis v.
goia,
(St ............. O J
, JIn t.
f Tp1„V
n hb iA
O rlean
an k.
a ya
le of
at N
New
ew .O
rlea nss Nat,.
N a t. R
Bank.
N i ? t K : ps°
\ 1897 6 * J- J .
113> ° ° ° Ju* 6
1917
N. O. & Car. 1st m o rtg a g e 1882 6 F - A
90,000
A u g. 1, 1902
Do
do
..................... 1882 6 F - A
95,000
1906
In t e r e s t a t H ib ern ia Nat. Bank, N . O.
Do 2d m o rtgage, g o ld ........ 1893
6 F - A.
350,000
$
In te re s t a t H ib ern ia N a t. Bank, N . O .) 1907
Do consol! M., $2,000,000 ) 1899 5 J - J $1,465,000
Feb., 1933
f$500 and $1.000)........ 5 In te re s ta t0 ffl.c e o f com pany.
C o n s o l M lagb°*8 00 000^ 1896 6 g- M -N
749,000
M a y 1, 1946
($?no kr $ i o oo ) 0,000 \ In te re s t at N e w O rleans office.
Edison Elec, o f N. O .ls t M . 1 8 9 9
5 J -J
2,500,000
Jan. 2, 1929
($l,000)8.f.,$2,500,000c* 5 A m er. L o a n & Tru st, B oston, trustee.
M erck’ ts Elec. Co. 1st M .,) 1899
5 g. J-J
300,000
J u ly 1,1929
$500,000, gold ($500) c* > M erch an ts’ L o a n <fe T ru st Co., Chicago,Trus.
N e w O rleans Gas L . Co . ...........................
76,000
.....................
[$46,000 can b6 re tire d A p r il, 1903, and $30,000 A p ril, 1908.]
O rleans R R . m ort., $300,- 1895
1912
6 J-J
300,000
000, g o ld .....................c
:S:
Second m o rtg a g e, g o l d . c . ] ^
y7be o i e f S p i X
l O
yea ^ 2
Bohds— O f the N e w Orleans & C arrollton consol, bonds $535,0 0 are
reserved-to re tire a lik e am ount o f old 1st and 2d 6s. Th e M erch an ts’
E le c tric Co. bonds are subject to c a ll a t p a r at any time. A sink
in g fu n d o f $ H ,000 p er annum is p ro vid ed fo r redem p tion o f Orleans
R R . bonds.
O f the $40,000,000 m ort. o f the N e w Orleans R a ilw a y s Co. $12,846,000 are reserved fo r p rior lien s and $7,154,000 Tor fu tu re extensions
and im provem ents. Th e stock and bonds acqu ired w ith the issue o f the
p.ew bonds are to be deposited as security fo r same.
STREET RAILWAYS.
Voting Trust —Stock is to be held fo r live years in a voting trust to
control management of property.
R oad —Companies controlled operate about 160 miles o f track.
E a r n in g s —Calendar year 1901 (approxim ately), gross, $3,9( 0,000;
net, $1,500,000. F or calendar year 1902 gross is estim ated at $4,234.000, net at $2,117,000; Interest charges (on old bonds $630,855, on
new $900,000), total, $1,530,855.
O f fic e r s —P resident, H . H. Pearson Jr.: Vice-President, Charles H.
Ledlie, St. Louis; Gen. M anager, John G. Woods, N ow Orleans.— V. 74,
p. 206, 268, 427, 681, 728, 937, 988, 1089, 1139, 1252.
ST- C H A R L E S
S T R E E T - - A tro lley road.
Franchise, which w ould h ave
expired in 1906, was extended in 1901 fo r 50 years—until 1956.
STOCK & B o n d s —
Date.
Interest.
Oulsland’g.
M aturity.
Capital stk., par $100
____
text, Q - J
$953,300
See text.
le t m ortgage, $600,-< 1902
4 g. J-J
300,000 Jan. 1, 1952
000($1,000), gold.o ( In terest payable at office o f company.
Bonds are not subject to call, but a pi-oportionate amount w ill be
retired yea rly by purchase in open market.
Dividends in 1897, 6 p. c.; in 1898, 5 ^ p. o.
In 1899, 5 p. c. In
1900, 5 p. o.; In 1901, 5% p. o.; In 1902, Jan., lk j p. o.; A p ril, lh , p. o.
E a r n in g s .—F ° r 5 months ending M ay 31, 1902: Gross, $136,843:
net, $4^,431: other income, $1,954; interest, taxes, &c., $14,183; sur
plus, $36,202.
R o ad —Operates 18 miles o f track, but when extensions are com
pleted w ill have a total o f 22 miles o f track. Gauge, 5 ft., 2 h in. Rails,
90 and 93-lb.
O fficers —President, A lb e rt G. P h elp s; Secretary, Chas. J. Maom u rd o .-V . 73, p. 554; V. 74, p. 207, 328.
O r g a n iz a t io n —Organized in 1866.
55
the Interurban Co. The $23,400,000 o f cash received by the In teru r
ban was paid o ver to the M etropolitan Street Ry. Co., which la tte r in
paym en t turned o ver certain secuilties “ liberated by the paym ent o f
the unfunded debt and other assets now almost en tirely unproduc
tiv e .” Th e list o f securities is understood to Include $8,000,000 o f
Third A ven u e R R . stook. The Interurban Co. has also leased the M et
ropolitan 8treet R y. fo r 999 years from Feb., 1902, fo r 7 per cent per
annum on its stock.
Divide nds o r
m a tu rity .
S t o c k a n d B onds —
Date. Kate. Outstanding,
Stock, authori’d $20,000,000>
.. $20,000,000
...........
par. $100............................. 5 .....................
Debentures....................................................... None, June25,’02 ...........
OFFICERS—President, H. H. Vreeland; Secretary and T rea s’r, C. E.
W arren; Auditor, D. C. Moorehead; Purch. A gen t, A. C. T u lly.—V. 73,
p. 1160, 1264; V. 74, p. 379, 427, 775.
M E T R O PO LIT A N
STREET
R A IL W A Y —
Underground tro lley and horse.
Lease and New F in a n cia l Arrangem ents.—In February, 1902, a r
rangem ents w ere can led out (as narrated above in the remarks con
cerning the M etropolitan Securities Co. and the Interurban St. Ry.
Co.) fo r m eeting the com pany’s financial needs, and on Feb. 14, 1902,
a lease was made o f the M etropolitan St. Ry. fo r 7 per cent on its
stock to the Interurban St. Ry. Company fo r 999 years. V. 74, p. 379.
The M etropolitan S treet Ry. received approxim ately $23,000,000 to
liquidate the unpaid rem ainder o f the floating debt incurred in the
purchase o f the stock of the Third A ven u e R R . Co. and “ to defray ih e
N E W O R L E A N S & P O N T C H A R T R A I N RY. expense o f extend ing the electrical system to upw ards o f 80 miles of
—To be a tro lley roan.
ORGANIZATION—In corporated in July, 1901. fo r 99 years, and nur- M etropolitan lines still operated w ith horse cars.” In paym ent the
ohased franchises o f the Orleans <fe Jefferson R y., chartered in 1898 M etropolitan turned o ver certain securities and other assets in the
to construct a road from N e w Orleans to W est E nd and L ake C ity, La. M etropolitan St. Ry. treasury, including, it is understood, $8,000,000
STOCK & B o n d s —
Date. Interest. Outstand'g.
M a tu rity .
o f Th ird A ven u e RR. stock. M etropolitan St. Ry. stockholders w ere
Stook, $350,000 (par,$100) .........................
(1)
..............
given the righ t to subscribe fo r $23,400,000 stock o f the n ew M etro
R o a d —T o be 10 miles o f track on 8 miles o f road. U nder con politan Securities Co.
struction, to be com pleted in 1902.—V. 73, p. 900.
As p a it o f the general plan, the M etropolitan St. Ry. at the same
tim e created a new m o itg a g e fo r $65,000,000, only $11,000,000, how
ever, bein g im m ediately issued, the rest b ein g reserved to retire p rio r
POPULATION IN 1900 WAS 6,213, AND IN 1890 WAS 4,456.
liens.
T U S C A R A W A S T R A C T I O N —A tro lle y road.
O r g a n iz a t io n —Chartered on N ov. 12.1893. and b y consolidation,
O r g a n iz a t io n —In corporated Deo., 1901, and on Jan 1,1902, ab
sorbed the T u scaraw as R R . and the Tusoarawas Eleotrio Co. Is con lease and otherw ise has acquired control o f p ractically all the street
ra ilw a ys o f M anhattan Island except the M anhattan E levated . The
tro lled by the Pom eroy Syndloate o f C leveland.
STOCK AND B o n d s — Date.
Interest.
Outstand'g.
M a tu rity . latest acquisition was the purchase and lease in 1900 o f the Third
Stook, $350,000 ($100)..............................
$250,000
.................
A ven u e Railroad.
N e w 1st M., $350,000 1901
5
200,000
................
The M etropolitan Street Ry. has absorbed by consolidation the
Tus. RR. 1st M .,$100,- 11896
6 g. J-D
100,000
June 1, 1916
fo llo w in g companies, em bracing the “ lines ow n ed.”
000, ($500). go ld — £ Int. at C leveland Tr. Co., Cleve., O., Trustee.
Tus. Eleo. Co. 1st M .............
........
100,000
.................
IN 1893IN 1894 AND 1896Metropolitan Crosstown.
Stock and Bonds—O f the $350,000 new 1st m ortgage $150,000 are Houst. West St. & Pavonia Ferry.
Chambers St. & Grand St. Ferry.
Lexington Ave. & Pav. Ferry (Cable).
reserved fo r p rior liens.
Broadway Railway.
Columbus & Uth Ave. RR. (Cable).
R o a d .—Owns and operates 14 m iles o f track from N e w Philadelphia South Ferry RR.
to U hrichsville, Ohio, and from N e w Ph iladelph ia to Canal D over.
In addition the companies shown in the table o f m ileage as "le a s e d
O fficers-—President, F. T. Pom eroy, C levela n d ; Vlce-Pres., J. A. etc.,” h ave been acquired from tim e to tim e b y lease or stock ow ner
R utherford, C leveland ; Sec’ y, J. O. W ilson; Treas. & Gen. M gr., Wm.
ship. The latest acquisitions a re: In Ju ly, 1896, the N ew Y o r k *
Akins, N e w Philadelphia. V. 73, p. 1209, 1265; V. 74, p. 96.
H arlem RR.; in 1897 the Centra) Crosstown (in clu din gC h ristoph er
and 10th Street) and Second A ven u e. The miles o f track operated
has thus been increased as fo llo w s : From 80 in 1893 to 131 in 1894,
P o p u l a t i o n i n 1900 (G r e a t e r N e w Y o r k ) w a s 3,437,202;
to 140 in 1895, to 172 in 1896, to 214 in 1902. The acquisition in
M a n h a t t a n a n d B r o n x w a s 2,050,600;
IN 1890 WAS 1,515,501; a n d i n 1880 w a s 1,206,299
1900 o f the Third A ven u e system adds 205 miles m ore o f track, m akin g
M A N H A T T A N RY.—SeeI n v e s t o r s ’ Su p p l e m e n t .
a grand tota l o f 419 miles o f track.
Th e E lm S treet Connecting R a ilw a y Co. w as in corporated in May^
M E T R O P O L I T A N S E C U R IT I E S C O M P A N Y .
1900,
in the interest o f the M etropolitan S treet Ry. to build a line on
In corporated under the Business Corporation L a w o f N e w Y o rk on
Febru ary 14, 1902, w ith a capital o f $30,000,000. I t holds the stock Elm St. from C en tie St. to G reat Jones St. and through L a fa y e tte
o f the Interurban Street R w y., w hich In turn leases the M etropolitan Place, a distance o f 6,000 feet, as a short route fo r the 4th A ven u e line.
In March, 1900 (V. 70, p. 584), purchased in the open m arket a con
S treet R a ilw a y Co. V . 74, p. 379. A lso owns a ll the stock o f the
P eo p le’ s Traction
Co.
and the N e w
Y o rk W estchester & trolling interest in the Third A ven u e R ailroad and in A p ril, 1900, took,
a lease o f the same. In an in te rview in the N e w Y o rk “ Tim es” Feb.
Connecticut.
Th e pow ers o f the
com pany are v e r y broad
18,1902, P resid en t V reela n d is quoted as saying, “ W e p aid an a v e r
and a llow it to acquire the securities o f corporations of
age o f 80 fo r our 80,000 shares o f T h ird A ven u e stock.” In July,.
N e w Y o rk State or any other State, “ including corporations
which own, operate or lease, or w hich are organ ized fo r the purpose 1900, built a strip o f road across Manhattan Street, connecting the
M etropolitan system w ith the Th ird A v e ., and began running cars
o f constructing, ow ning, op era tin g or leasin g street surface railroads,
through from the B a ttery to F o rt George.
elevated railroads, rapid tran sit railroads, underground railroads,
E lectric L in es.—T h e B roadw ay line was changed from cable to
tunnels, bridges, tunnel railroads, ra ilw a y term inals, or railroads o f
underground tro lle y on Sunday, M ay 26, 1901. V. 72, p. 1055, 1080.
any character or description in the C ity o f N e w Y o rk or its suburbs,
or in territory adjacent thereto, and corporations engaged in furnish Th e L ex in g to n A ve. Lin e was converted M ay 5, 1901, and the Colum
in g or organized to furnish eleo tricity fo r any la w fu l purpose, or bus A v e . line M ay 11,1901. In addition the com pany is using its un
pow er in any form , fo r use upon, o rw h io h m ay be used upon, street derground electric system on Eighth A ve. lin e from 158th S t to B a ttery
Place; o ver the en tire Fourth A ven u e lin e ; o ver the greater portion
railroads or other railroads,” eto. Also “ to purchase, acquire, hold
o
f the Second A v e . line; o ver the 23d S treet line, and o ver the Sixth
and dispose o f the stocks, bonds and other evidences o f indebtedness
A v e . lin e v ia 59th S treet and Am sterdam A ve., o ver the branch of
o f any corporation, dom estic or foreign, and Issue in exch an ge there
fo r its stock, bonds or oth er obligations.” The duration o f the cor the Th ird A ven u e R ailroad to F o rt George, and o v e r the 7th A ven u e
line. V. 66, p. 337, 520, 616; V. 67, p. 530, 736, 956; V. 72, p. 936,
poration is to be a thousand years. The directors need not be stock
989, 1080.
holders unless the by-law s o f the com pany shall so require.
In August, 1899, began to operate the Tw enty-eighth Street and
STOCK A u t h o r iz e d —
Date. Bate. Outstanding.
Lastdiv.
Tw enty-ninth Street lines exclu sively w ith air-pow er cars, but in
Stock, $30,006,000 (par $100) .................... $25 paid in ......................
D ir e c t o r s —W illiam h . Baldw in, Jr., E dw ard J. Berw ind, Paul D. May, ) 901, road began using horse cars again. In Ju ly, 1900, began
Cravath, Thos P. Fow ler, G eorge G. H aven . James B. H yde, Augustus operating cars b y the electrio storage b a ttery system on the 34th
D. Juilliard, M ortim er L. Scbiff.—V. 74, p. 379, 427, 630, 776.
Street Cross-Town line.
( 1 ) IN T E R U R B A N S T R E E T R Y .
In July, 1901, the N ew Y o rk E lec trica l V eh icle & Transportation Co.
This company was incorporated in N e w Y o rk in 1901, w ith a capital inaugurated an express service on the Eighth A ve. line. V. 73, p. 35.
For decision in New York Supreme Court adverse to the v a lid ity o f
o f $500,000, and was then understood to h ave taken a 999-year lease
the lranchise, under which the L ex in g ton A ve. extension o f the Hous
o f the P eo p le’ s Traction Co., which had the rig h t to build an extensive ton W est S treet & Pavon ia F t r r y R R . and also the line across 116th
8ystem o f tro lley lines in the Borough vof the B ro n x and was to build Street was built, see V. 72, p. 45.
some fifty m iles outside the c ity lim its in connection w ith the N ew
S t o c k & _ ONDS—
Date. Interest. Outstanding.
M aturity.
Q -J
$52,000,000 July/,-,02,1%
Y o rk W estchester <fe Connecticut Traction Co. U nder the arrange Stock ($100), s 52,000,000. . . . .
Refund m ortgage, g o ld ,) 1902 4 g ' A - 0
11,100,000 A p r .T , 2002
m ent fo r financing the needs o f the M etropolitan S treet Ry., the
*65,000,q00($l,000).c l M orton Tr, Co., N .Y ., Trus. In t. at offi. o f Co.
stock was in February, 1902, increased to $20,000,000, a ll o f which
M etropolitan Street R y.—
12,500.000 Feb. 1, 1997
was taken by the M etropolitan Securities Co. The la tte r company Gen. coll. tr. M., $12,500,-) 1897 5 g .F -A
000 g. ($1000, &c.).c*<fcr ) Int. at N atL Bank o f Commerce, N. Y.
paid $23,400,000 cash into the treasury of the Interu rban Co., “ re
1890 5 A.-O.
600,000 Apr. 1,1920
Crosst. 1st M. (
ceiving in return stock o f the Interurban at par and debentures Metropol.
_.
I In t. at N. Y . Security & Tr. Co., N. Y ., Trus.
2d m ortgage debentures 1890
5 M -N
300.000 M a v l,1 9 0 1 *
bearing interest at a rate not exceed ing 4%.” V. 74, p. 379. The Se
Lex. A v .& P .F e r r y 1st M., (1893
5g M-S
5,000,000 Sep.1,1993
curities Co. is also to acquire all future issues o f stock or securities of
g o ld ........................ c*«fcr ( In t. at Nat. Bk. o f Commerce in N. Y.
N E W P H I L A D E L P H I A , O H IO .
N E W Y O R K C I T Y , N. Y .
SI REEL' KAIL WAYS
58
/nit re . l .
— f Oi) I t . ) O i l ! £
v e . 1893
5g. M g
r ( Trustee la < Uaraiity I'm st C
' * U 0 0 >< 1889
5 A -0
I
M u iw iiy
0 Sep, 1, 1U93
Y. City.
1 A pr. 1, 1919
1902
1899
L a t e s t E ar
mi
9 inos,
fires
1902___$10,746,
1901 ... 10,364.
A nnual R epo IT
in V . 73, p. 613.
Groeg trSfOifijits
Operating expense -
d u e Luuiitiiis to M i i c l i 3 i ,
S u r p lu s .
C h a rg es .
Othm inc's/nc.
$ ! ,47 1. -2 2 $ 2 ,7 6 4 ,6 8 3
$ 4 1 4 ,2 0 9
■5,822,296
2 ,5 4 8 ,7 1 2
3 .3 1 6 ,4 1 9
5 1 6 ,7 0 3
5 ,4 2 8 ,4 2 8
ill u a « in c u t f o r y e a r e n d in g J u n t: 30, 1901,
1900-01.
. .fi4.0c3.7ii2
,. 0,155,131
Ib J’J 00.
t . \7> . Si
0,331.25i
; 898 99.
|12,3<X) >70
0,048, ii-i
1897-&8,
5.30*1,138
650,000 Deo. 1, 1943
Br*)iulwav* Jfe 7ti1 A Vti. eOiLAioi. 1893 5g . j -D
17,16^10
1904-1924
11.838,0/6
850,000
Net earning#....
I j10 Hildaidyllig bt
’ 83, *Y(i» > & 1
062 050
101,550
05^'
1
200*000 Jail. 1, 1909 Other lixojiiif; . ...
.1..
1893 0 j J
23*.l 8t. 1st M_.
1906
150,000 Jail.,
I;►
o deb eiitur<6S....
1886 5 j -•J
t 1.9 <;.:>77
.. 17,1/05,835
j? -.-5 "*•>
* I.•;•*,=.,:i<17
Total income....
700,000 J&u. 1, 1950 Fixed
B it eeker 8t. A Filit 01!i F. l rit M. 1876 4 j - J
3,430,797
1,446,120
4,317,521
charge*.
,200,000 Deo. X, 1902
Ceiitr.il Pk No. A E. E. le t M. 1872 7 j . -D
11,845.570
^ 839,"7.8
180,000 Jan. 1. 1909
|3,' 60,l*-0
f.i i-n ,5 «r
421i 8t. & G vand St. F er. 1st SI..1694 0 j J
Batanee. ...
, -1.171.075 i.5j 1,600,000
(7 1 8,3a;i.1i>12 (7) S.145,sal
1,600,000 Nov. 1, 1909 Dividendo ............
e ...... „ . ,.1885
M--N
2d Ave. 1st moi
216,000 Jan.,
1909
J-J
,1889 5
2d Ave* dellent urea.
1346,570
3167.-*U
138/306
1214,263
Balance, surnlc..
4 ,594.000 Fob. 1, 1948
-A
2d A ve. 1st con?sol. nA O id...... ..18^8
1,(
1914
00,000 Fob.,
8th A ve. eel' tide.ites *>t i debt .1884 0 F-i
* During last half of 1100-01 dividends were paid on $52,000X00 stock,
1h in t A ce u ut- HU. —S eetha,t eonijpany s sta fcemont.
The fo llo w in g shows the ; r o w t h o f the company's system;
Companies separately operated—
LIN is3 XSCLUDED IX E.4KN8.—(CotlOfi.)
ALL U.-.ts CO.NTBOLLKiJ.
1,500,000 Oet. 1, 1996
28th & 29th St. Or oast. 4 at M.1896 5 A - 0
a r.
M
s . -1' it, i P u s a. T r a n s fe r s .
Y e a r . M ile s . P a y ’a P a s h ,
T ra n s fe rs . ,
_Y e.....
. ile
----5 A- O
1,000,000 A pr. 1, 1996
34th St. t rosstown 1st M ___1896
1900-Cl
.2*2)4
231
41-1,886
154,448.3-8.1899-Ou.
..185 273.575,217
10,172,021
250,000 N ov. 1, 1922
Central Crosstown 1st M......1892 6 M -N
l89V-XO.,gliU 884,381.028 1*8,798,766 1893-99...196
251.2'*6,493 123.36-5,161
210,000 Oct. 1, 19.8
Christopher i 10th S :. 1st M.1893 4 A -O
1808 89 .212
206 803 073 131.871.957 I 1897-88... 195 198.77m.109
60.389,411
4 M -N
500,000 N ov. 1,1995
1897-98..21214 220.1/70,611 106.416,778 | 1896-97...198 177,7 6, :, '
M3,9:29.611
Fnlton St. HK 1st M ........... 1895
LINES
ISOLD]
ED
[V
EAHVISftS.
1895-96...172
H
5
K
5
:
:
:
l
2-.l50.996
* These bonds, maturing on May 1, 1900, are a ll held by the Metro- 1900 01.. 196
27a,083,566 141,783,660 [ 1194-66..,140
109,686,472
9,671,697
polltan Crosstown, and up to Feb., 1902, had not been taken up.
O f f ic e r s —Pres , H. H . Vreeland; Vice-Pres., D. B. Hasorouck; Sec.
The Bleecker St, and Fnlton F e rry bonds w ere form erly 7 per and Treas.,0. E. W arren; Auditor, D. 0. Moorehead; Purch. A g ’t, A. O.
cents and fe ll due Jan. 1, 1900, but w ere exten d ed as 4 per cents.
Tu lly, office, 621 Broadway, N, Y.
D ire cto rs —P. A. B. Widener, W,
Dividends—The dividends paid h ave been as follow s, those prior to | L. Elkins, Thus. Dolan, Orin R o ot Jr., H erbert H. Vreeland, D. B.
1898 h aving been paid on the M etropolitan Traction Stock, which was Hasbrouck, Ohas. E. W arren, H en ry A . Robinson and D. c . Moorehead.
Increased in 1392, from $20,000,000 to $30,000,000, and in October, —V. 71, p 1 3 5 ,2 3 6 ,2 8 8 ,4 9 2 ,5 4 2, 544, 8 6 1 ,8 0 3 , 1121 1270,1311;
18 9 7 , was exchanged dollar fur dollar for stock of Street R a il way Co.; V, 72, p. 45, 283, 339, 627, 936, 989, 1034, 1080, 1237; V. 73, p. 32,
Y ear— > 1892. 1893. 1894. 1895.' 1896. 1897. ’98. ’ 99. 1900. ’ 01.
138, 236,237, 6 1 3 . 616. 843. 1160, 1208; V. 74. p. 205, 327, 379, 427,
P e r cent. J 3 None.
5
5
‘5
5
5
7
7
7
47?, 528, 630, 680, 728, 776, 830, 988, 1139, 1196, 1252, 1308.
In October, 1897, a distribution o f 20 p er cent in debenture certifi
C om p an ies controlled by M e tr o p o lita n S tr e e t R y .
cates ; paid o ff Oct. 15, 1898) w as made to Traction stockholders. (V.
B L E E C K E R S T R E E T & F U L T O N F E R R Y R R .—A horse road.
65, p. 620.)
(1)
Bonus—The Lexington Avenue & Pavonia Ferry ys and Colum
O rg a n iza tio n —Chartered Dec. 12,1864. Leased to 23d st. Ry. Co.
bus t£ N in th Avenueys w ere fu lly described in V. 60, p. 1146. Both
Jan. 10, 1876 fo r 99 years ; lease assigned to Met, St. R y., rental 7 per
were guaranteed and la ter assumed by the Met. Street Ry. Co.
The general coll, trust m ortgage o f 1897 la secured by deposit o f the cent on $700,000 bonds and 1*3 per cent per annum on stock.
stocks (par value) of the B roadw ay & 7th A ve., $1,400,000; 42d Street
STOCK & BONDS— Pur.
Interest.
Outstanding.
M aturity, etc
$100
It s j . - J.
$900,000
See te x t
& Grand Street F e rry RR., $400,000; Central P a rk N. & E. R iv e r R R ., Stock..................
$300,000; 34th Street Crosstown Ry., $990,000; also all p rop erty oi
1st m ortgage, > 1,000
4 J .- J .g .
700,000
Jan. 1,1950
H W. St. & P. V. R R , Chambers St. & Grand St. F e rry RR., Broadw ay
gold .............5 M orton Trust Go., N e w Y o ik , Trustee.
Ry., So. Ferry RR., Met. Crosstown Ry., L e x . A ve. & P av. F e rry RR.,
The first m ortgage bonds fo r $700,000 w ere 7 p er cents until Jan. 1,
Columbus & 9th A ve., and Ft. L ee F e rry Extension; also leasehold
1900, when they fe ll due and w ere extended by the Bleecker Street
Interests, contracts, real estate (valued as below stated), etc. See ap & Fulton F e rry Co. at 4 per cent, on the same lien, and made payable
plication to N. Y . Stock Exchange in V. 65, p. 826.
in gold.
O f the $65,000, OOOJnew refunding 4s, *54,000,000 are reserved to re
R o a d —Owned 10-76 miles. Operated under trackage rights, ’42
tire p rior liens am ounting to $48,196,000, this la tter n ot including the
bonds o f the Th ird A ven u e R ailroad a u d its constituent companies, miles; total track operated, 11-18 m iles.—V. 69, p. 1344.
The bonds h ave a second lien on the collateral deposited as se -urity
( 2 ) B R O A D W A Y & S E V E N T H A V E N U E —Change to underground
fo r the general collateral trust m ortgage o f 1897; see particu lars in
electric
occurred in August, 1901.
V. 74, p. 1306.
O r g a n iz a t io n —Chartered M ay 26, 1864. Leased M a y 13, 1890
INVESTMENTS— (See official lis t in Y. 65, p. 826.)—Th e fo llo w in g i*
the par valu e o f the p rin cip al stocks and bonds o f subsidiary street for unexpired term o f charter and fo r any extensions of the same
railw ays, which in Jan., 1901 (before the lease of the road to the Inter- co Houston West St. & P a von ia F erry , now M etropolitan St. R y. Co.
R e n t a l —In terest on bonds and 10 per cent on $2,100,000 stock, of
urban R a ilw a y and the turning o v e r o f some o f the securities to the
which M etropolitan Street Ry. Co. owns $1,406,200.
same) w ere the p roperty o f the company:
B roadw ay & ?th A v e ., s to c k *.tl,406,300 |28th & 29th Sts. (a ll), stock. .$1,500,000
M aturity.
Interest. Outstanding.
S t o c k & Bo n d s —
Par.
Cent. Pk. N. & E. TUv., stock*
336,900 N o rth & E ast R iv e r ...............
263,700 Stock............................... $100
$ 2 ,100,000 See te x t
10 Q. - J.
.................
15 .,000 1st M ortgage o f 1883.. .1,000
42a St. & G r’d St. Fer. stock* 443,000 2a Ave.,stock
1.500.000 June, 1,1904
5 J. - D.
481,600
S4th St. Crosst’n (all) stock* 1,000,000 Cent. Crosstown, stock.........
500.000 July, 1, 1914
5 J. - J.
M ortgage o f 1884...1,000
Full: n si. Rlt.......... ............ SOO.O h Third Avenue R H . ................. 8,00 ,000 2d
B’w ay Surface 1st g u a r.1,000
J.
1.500.000 July, 1, 1924
5 J.
* Of these, the amounts named above are deposited as security for the gendo 2d M. int. as rent-1,000
1 ,000,000 July, 1, 1905
5 J. - J.
oral collateral trust mtge. of 1897 and the refunding mtge, of 1902.
350.000 Apr. 1, 1919
5 A . - O.
So. F e rry 1st g u a r.......... 1,000
R o a d —T he statem ent b elo w Includes a ll tracks owned b y the M et By.& 7th A y . Con.
Dee. 1,1943
7.650.000
1 M .of
. .) 1,000
..
5 g . J.-D .
.
.
ropolitan Street R a ilw a y Company, all tracks owned b y companies
’93 fo r $12,500,000.. s In terest at Guaranty Trust Co. N. Y., Trustee.
leased b y the M etropolitan S treet R a ilw a y Company, a ll tracks leased
O f the consol, m ort. o f 1893, fo r $12,500,000, $4,850,000 is reserved
from companies not in the M etropolitan System and from city o f N ew
to retire at m atu rity the other bonds in the table. The outstanding
Y o rk .
consols paid fo r layin g the B roadw ay cable. The consols are guaran
Track owned (electric, 27-41; horse, 2 0-2 1;)........... ................... 47-62 teed, principal and interest, under the term s o f the m ortgage by the
M etropolitan Street R a ilw a y Co., which n ow owns the B roadw ay lin e
R oads L ease d —
south o f 15th Street. Th ey co ver the road owned in fee, also the right
B leecker S treet & Fulton F e rry R R .............................................. 10-76 to use the tracks on B roadw ay from 15th Street to the B a tte ry ; th ey
B roadw ay & Seventh A ven u e R R .................................................. 15-15 are also a d irect lien on the cable, etc. Trustee, Guaranty Trust Co.
C entral P a rk N orth & E ast R iv e r R R ............................................ 19-56
Th e B roadw ay & 7th A ven u e assumed the Broadway Surface
Eighth Avenue R R . ................... - ................................................ 18-75 1st m ortgage bonds fo r $1,500,000 and paym ent o f interest on the sec
Forty-second Street & Grand S treet F e rry R R ...........................
7-64 ond m ortgage bonds fo r $1,000,000, fo r use o f traeks betw een 15th
N e w 'Y o rk & H arlem R R ................................................................. 19‘ 63 Street and ferry. South F e rry 5s. assumed under lease.
N inth A ven ue R R .......................................- ................................. . 15-77
R oad —In clu din g B roa d w a y E lectric, 7th A v e . and South F e rry lines;
Second A ven u e R R ................................................................... .
25-93
Sixth Avenue R R . . . , ...........................................- .......... ........ .
12-03 owned 1 5 T 5 miles; operated under trackage rights, 1-9 7 miles; tota l
Tw en ty-third S treet R y ................................................................... 4-15 track operated, 17-12 miles.
I n d e x —V. 58, p. 733-, V. 73, p. 287. Office 621 B roadw ay.
T o ta l track leased (electric, 82-60; horse, 6 6 - 7 4 ;)........ ...-...... 149*34
Grand tota l w lsetrie, 110-01; horse, 86-95)..................... ..... ...196-96
The fo llo w in g shows the roads separately operated, w ith the tracks
owned by them;
Central Cross-town R ailroad.................... ............................ 4-15 miles
Christopher & 10th Sts. R a ilro a d .......................................... 4-76 “
Fu lton St. R ailroad
........................................................... 1 0 5 “
84th St. Cross-town R a ilw a y.
. . : .............. .......................
-97 “
28th & 29th Sts. Cross-town R R ............................................ 6-73 “
T o ta l ................................................................................ 17-66 miles
A ddin g the foregoin g to the 196-96 m iles in clu d ed in the earnings
o f the M etropolitan Street R a ilw a y report, as above, w e ge t a to ta l of
214-62 m iles o f tracks included in the M etropolitan System.
These figures do not embrace the Third A ven u e R R . system, which
comprises 204-97 m iles o f track. Including this, the to ta l of track
ow ned and controlled b y the M etropolitan is raised to 419-59 miles.
E q u ip m e n t .—Th e fo llo w in g is the equipment fo r the lines included
n earnings, but n ot em bracing the lines sep arately operated:
Equipm ent.
N um ber Ozcned.
M otor.
Other cars.
B o x c a rs ..................... .
Open cars.............................
M a il cars, com bin ation ----Express cars, a i r ............ .
Freigh t ca rs........................
S ervice oars..........................
Snow p lo w s .......................
Sweepers___1........................
878
405
100
23
1
11
1
31
277
116
T o t a l . . . . .........................
1,450
N um ber Leased
M otor.
Other cars.
352
226
25
338
174
o...
mi
....
1
3
14
1
i
12
5
....
9
11
12
411
622
544
-- . .
....
REAL E s t a t e —T he re a l estate in N e w Y o rk C ity (see Y . 65, p. 826),
. ow ned in fee, subject to the general m ortgage & co lla tera l trust
deed o f 1897 (including $2,450,000 subject to the p rio r lien o f the
L ex in g to n A ven u em o rtga ge) was valu ed in February, 1900, at $6,257,019; ow ned b y subsidiary companies, $7,039,750; total, $13,296,769,
( 3 ) C E N T R A L CRO SSTO W N R R .—A horse road.
O r g a n iz a t io n - Chartered March 28, 1873. M ay 28, 1890, leased
the Christopher & Tenth St. R R . at 8 p. c. on stock and interest on debu
In May, 1897, control w as obtained in the interest o f the M etropo tan St. R y., w hich owns $461,500 o f the stock.—V. 64, p, 1001,1042.
S t o c k & B o n d s .—
P a r. Interest.
Gutstand’g. M aturity.
Stock ($600,000, ............ $100 7 Q. - J. $600,000
See te x t
l e t m ortgage o f 1 8 3 2 ........1,000 6 M. - N.
250,000 N o v. 1, 1922
Dividends.—In fiscal vea r 1893-4 paid 7 p. c.; in 1894-5, 7 p. e.; in
1895-6, 8 V p , e.; in 1896-7, 10; in i8 9 7 -8 ,10; in 1898-99,10 p. e .; in
18991900,10 p. e.; in 1900-01,10 p. c,
R oad —Track ow ned is 4-15 miles; leases fro m Christopher & 10th
St. RR., 3 92 miles. In clu d in g trackage rights from M etropolitan,
to ta l track operated is 14 mil.es.
L a t e s t E a r n in g s —N ine months to Mar 31:
Charges.
Surplus.
9 months—
Gross.
Net.
Oth. inc.
$37,730
1901-02.............$368,823
$113,512
$3,932
$79,714
81,264
34,191
1900-01............. 374,676
111,077
4,378
A nn u al R e p o r t —F o r years ending June 30.
T r. to June 30.
1901.
1900.
1900.
1901.
Gross earnings.$590,295 $613,678
N e t................... 156,467 183.494 DOm-Ldf.6^ ^ 105’ 893 $108-050
56,345
80,979
Other incom e...
5,773
5,535 Surplus____
E A S T R I V E R .- H o r s e road.
L e a s e —Leased to M etro
politan Ry. Co. Oct. 14,1892, fo r length o f charter and renew als thereof
at 8 per cent on stock toll Oct. 1,1897, thereafter 9 per cent (V. 55, p.
894). M etrop olita n S t.Ry. owns $336,900 o f thfe stock.
STOCK & B o n d s —
P a r. Interest. Outstanding, m aturity.
Stock. (See ren ta l a b o ve.).. $100 te x t Q.—J. 1,800,000 See te x t
1st con. m ortgage o f 1872:1,000 7 J .- D .
1,200 000 Dec. 1,1902
Coupons payable at N e w Am sterdam N a t. Bank, N e w Y o rk City.
Farm ers’ Loan & Trust Co., N e w York, Trustee.
Road—Owns 59th St., E ast and W est, w ith branch to South F e rry ,
19-56 miles; operated under trackage rights, 5-90; to ta l track operated,
25-46 miles. W eigh t o f ra il per ya rd from 47 to 113 lbs., standard gauge.
(4)
CENTRAL P A R K NO RTH &
O r g a n iza tio n —Chartered J u ly 19, I860.
STREET RAILWAYS
( 5 ) C H R IS T O P H E R & T E N T H S TREE TS K R . - A horse road.
O r g anizatio n —Chartered A p ril 25, 1873. Leased to Central Cross
tow n M ay l , 1890, at 8 per cent on stock and interest on bonds.
Par.
Interest.
Outstand’g. M aturity.
S t o c k & B onds
8
Q. - J .
$650,000 See tex t
8tock............................ ..$ 1 0 0
4
A .- O .
210 000 Oct. 1, 1918
1st m ortgage ext. In / 1,000
1898.......................... ( Guaranty Trust Co., New Torn, Trustee.
The $180,000 le ts were extended 20 yrs. from Oct. 1, 1898. and In
addition $30,000 bonds w ere issued at same time to take up the Real
Estate M ortgage o f sim ilar amount. V. 67, p. 370.
R oad —T rack owned is 4-76 miles. Including trackage rights from
Metri politan, ti-tal traok is 8 97 miles. - V. 67, p. 370.
( 6 ) E IG H T H A V E N U E R R .—Underground trolley road.
O r g a n iz a t io n Chartered Jan. 10, 1855. Road is leased to M etro
politan Street Ry. for 99 years from Jan. 1, 1896, at rental o f $215,000
er annum, which provides fo r interest on the scrip, 15 per cent diviends on stock and $5,000 additional. V. 62, p. 40. Underground
electric traction system used betw een 158tli anil B a ttery Place.—V.
«7 , p. 178, 956.
STOCK & B o n d s .—
P a r. Interest.
Outstand’g M a tu rity .
Stock................................ $100
Quar.
$1,000,000
See text.
Scrip o f 1884................ 100 6 F. & A.
1,000,000
Feb., 1914
Scrip is subject to call at par on any Interest day.
R oad —T otal traok owned and operated, 18-75 miles.
I n DEX-V. 59, p. 780; V. 61, p. 3 6 4 , 871, 925, 967; V. 62, p. 40.
S
( 7 ) F O R T G EO R G E & E L E V E N T H A V . R R .—To be an underground
tro lley road.
O r g an iz a t io n —Incorporated N ov. 19,1898, in the interest o f the
Met. St. Ry. to build a line from 130th St. and 11th A ve., alon g 11th
A ve. to 175th St., and another from 145th St. and 11th A ve. ea sterly
through 145th St. to the H arlem River. Stock authorized, $3,000.000. V. 67, p. 1109. Franchise granted December, 1889, fo r 25
years, w ith p rivilege o f renew al for auother 25 years; 4 p. o. o f gross
receipts to be paid the first five years, 6 p. o. the second five years, 8
per cent the third five years, ana 10 per cent the rem aining years of
operation. The road to becom e the property o f the city at the term i
nation o f the franchise (w hether origin al or renewed) upon paym ent
fo r the same in accordance w ith definitely-prescribed rules. The Kingsbridge franchise was granted the 3d A ve. RR. upon the same terms.
( 8 ) FO R TY-S E C O N D ST. & G R A N D ST. F E R R Y —A horse railroad.
O rganiz ation —Chartered Febru ary 16,1863. Leased to M etropoli
tan Street R a ilw a y Co. from A p ril 6,1893, fo r duration o f charter and
renewals thereof at 18 per cent on stock, payable in law fu l money.
Met. St. Ry. owns $443,000 of the stock. Only a portion o f the road
is being operated, w ith enough cars to hold franchise.
STOCK & B o n d s — P a r.
Interest.
Outstanding.
M aturity.
8too k ....................... $100
i8 Q.—F.
$748,000
See text.
1st M. extended
1,000
6 J .-J .
186,000
Jan. 1,1909
R o ad —Owns 7-64 miles; operated under trackage rights, T 8 5 miles;
tota l traok operated, 9-49 miles. V. 74, p. 1139.
( 9 ) F U L T O N S T R E E T R A IL R O A D —A horse road.
O rg aniz atio n .- Chartered Oct. 29,1895. Stock all owned b y the
M etropolitan St. Ry.
STOCK & B o n d s —
Date.
Interest.
Outstanding. M aturity.
Stock, $500,000 ($100)
..........................
$500,000
.................
ls tM .,g .,($1,000),guar. ( 1895
4g. M-N
500,000 Nov. 1,1995
p. anal. Met. S t.R y.c* \ Trustee, Guaranty Trust Co. o f N e w York.
Earnings —For year ending June 30, 1901, gross, $45,671 ; net,
$15,233; other income, $250 ; oharges, $21,880, deficit, $6,397. In1900, gross, $45,897; net, $12,270; other income, $250; charges, $21,769; deficit $9,249.
ROAD—Track owned is 1'05 miles. Including trackage rights from
M etropolitan, total track operated is 1 89 miles — V. 62, p. 271
( 1 0 ) N kvv Y O R K & H A R L E M R R .—U nderground electric railroad.
O rgan ization —Chartered A p ril 23, 1831. Owns also a steam road
leased to N ew Y o rk Central, its securities, which cover the electric
roads as w ell as the steam line, being described under the title New
Y o rk & H arlem am ong steam railroads in the I n v e s to rs ’ Su p p l e m e n t .
In July, 1899, the M etropolitan Street R a ilw a y Co. bought from the
N ew Y o rk & H arlem the car-stable properties at Thirty-second Street
and Fourth A ven u e and at b6th St. and Madison A v e fo r $1,350,000.
—V. 69, p. 180, 542, 591.
The electric (form erly horse) lines (19-63 miles o f track) were leased
to the M etropolitan Street Ry. fo r 999 years from Ju ly 1, 1896, fo r a
rental o f $350,OoO per annum the first live years and $400,000 per
annum thereafter. —V. 62, p. 1088. L in e operated electrica lly from
March, 1898, from C ity H a ll to 135th Street. In Jan., 1900, arran ge
ments made -with the Third A ve. R R . Co. fo r running cars to Ann St.
—V. 70, p. 125.
OFFICERS—President, W illia m K. Vanderbilt.—V. 62, p. 1088; V. 69,
p. 180, 542, 591, 645.
( 1 1 ) N IN T H A V E N U E R A I L R O A D - A horse railroad.
O rganiz ation —Chartered July 29,1859. The road is leased to the
M etropolitan Street R a ilw a y Co. fo r 99 years from March 12,1892.
Rental—For lirst 5 years $48,000, which is equal to 6 per cent on
oapital stock ($800,000), and thereafter $64,000—8 per cent on same.
Stock, $800,000; par $100; dividends, Q.—J. Road—Fulton S treet to
126th Street, total track owned and operated, 15-77 miles.
( 1 2 ) SECOND A V E N U E R R.—M ostly underground electric.
O r g a n iz a t io n .—Chartered Jan. 21,1853. Leased fo r length o f char
ter from Jan. 28,1898. to the M etropolitan Street Ry. at 8 p. c. on the
stock fo r three years from March 1, 1898, and 9 p. c. thereafter. V.
66, p. 185. Changed to underground electric system in A p ril, 1898,
as fa r as 8th Street; from 8th Street south to C ity H a ll operated by
horses. By agreen ent w ith Th ird A ven u e Co. (Jan., 1900,) cars now
run to the Post Office building at A nn St., and w 11 soon connect w ith
the B roadw ay Lin e fo r South Ferry. V. 70, p. 125.
Par.
Interest.
Outsland’g. Dividend,etc.
S e c u r it ie s .—
S to ck ...............................
$100 8 Q — M.
$1,862,000
See text.
1st m ortgage o f 1885.... 1.000 5 M. & N.
1,600,000 N ov., 1909
Debentures o f 1889....... 1.000 5 J. A J.
216,000 Jan., 1909
1st con.M.,g.,$7,000,000 ) 1.000 5 g. F. & A.
4,594.000 Feb.1,1948
1898,guar.,p.&i.end.c* ) G uaranty Trust Co., N. Y ., Trustee.
O f new 1st consol. 5s, $1,831,000 are reserved to retire securities o f
earlier date, balance fo r im provem ents, equip., etc. V. 66, p. 900.
R o ad —T rack owned. 25 93 miles; operated under trackage rights.
4-83 miles; total track operated, 30-76 miles.
I n d e x —V. 65, p. 276; V. 66, p. 616, 900.
(13)
S IX T H A V E N U E R A IL R O A D -U n d e rg ro u n d
trolley.
O rganiz ation —Leased to M etropolitan Street Ry. Co. Feb. 1,1892,
for 800 years. Rental now $145,000 per annum. (V. 61, p. 925.)
Stock, $2,000,000: par, $100. A n extra dividend of 38 per cent was
paid in August, 1901, out of proceeds o f sale of stable property at
Sixth A ven u e and 43d Street. Road, including Len ox A ve. b r a n c h track owned, 1203.
In Feb., 1899, began operatin g undergrottnd tro lle y all the w ay to Battery Place. See V. 67, p. 178, 736, 956;
V. 73, p. 236.
57
( 1 1 ) T H IR T Y -F O U R T H S T R E E T CROSSTOW N R Y .—Form erly
horse r oad; storage battery introduced July, 1900.
O r g a n iza tio n —Chartered March 18, 1896, being a consolidation of
the T h irty Fourth Street RR. Co. and the Thirty-fourth Street Ferry
& Eleventh A ven u e RR. Co. The stock o f the Thirty-fourth Street
Crosstown Ry. Co. is all owned by the M etropolitan Traction Co.
Sroi K a n d BONDS—
Date. Interest. Outstanding.
M aturity.
8teok ($ 1 0 0 )...................... .......................
$ 1 ,000,000
..............
1st M. ($1,000), guar. ( 1896
5 A -0
1,000,000
A pl. 1.1996.
p. and 1. Met. St. R y .. ( Trustee, Central Trust Co., N. Y.
R oad —Track owned Is 0-97 miles; including trackage from M etro
politan, total track operated Is 5-60 miles. V. 60, p, 83| V. 62, p. 549.
L a t e s t Earnings —Throe months to March 31:
3 mos.
Gross.
Set.
Other ine. Oharges.
Surplus.
1902 ........... $103,357
$35,658
$335
$16,733
$19,260
1901............
92,420
23,812
250
14,692
9,370
E arn in g s .—Y e a r ending June 30, 1901, g ro s s $396,948; net. $156.904; other income, $1,000; surplus ahove oharges, $98,993; in 1900,
gross, $341,711; net, $149,243; surplus above charges, $94,037.— V.
71, p. 135.
(15) T W E N T Y -E IG H T H A N D T W E N T Y -N IN T H S TR E E TS CROSS
T O W N R A IL R O A D — H orse cars.
O rgan ization —Th e M etropolitan Traction purchased the property
In September, 1896, and owns a ll the stook. In Deo., 189S. the new
air compressor and pow er house w ere p ractically completed, and in
August, 1899, began using air-m otor system exclu sively. V. 69, p.
283. In M ay, 1901, how ever, returned to horse cars tem porarily.
STOCK & B onds —
Dale. Interest. Outstanding.
M aturity.
Stook, $1,500,000 ($100)............................... $1,500,000 ....................
Is tM ., $1,500,000($1,000) l 1896 5g. A -O
1,500,000 Oct. 1. 1996
gu.p.tieud.,M.St, Ry.g.c* 5 Trustee, Central Trust Co., N ew York.
R oad —Track owned is 6-73 miles; Including trackage rights from
M etropolitan, total track operated ls7-61 miles. V. 63, p. 602,661,839.
Earnings —F or year ending June 30, 1901, gross, $177,119; net,
$60,357; other income, $250; deficit b elow charges, $24,675; In 1900,
gross, $182,682; net, $50,141; deficit below charges, $34,680.
(16) T W E N T Y -T H IR D S T R E E T R A IL W A Y —In June, 1900, the 23d
Street Cross-town, w ith branches to 34th Street F etry, began to be
operated en tirely by underground trolley. V. 68, p. 130, 928.
O rganiz ation —Chartered Jan. 29,1872. Leased from Apr. 25,1893,
to the M etropolitan Street R a ilw a y Co. fo r the unexpired term o f the
charter and fo r any extensions o f the same. R en tal Is 18 per cent per
annum on stock.
STOCK & B o n d s .— Par.
Interest.
Outstand'g.
M a tu rity.
8 t o c k .......................... $100 18
Q.-F.
$600,000
See text.
1 m ^ 8 9 3 50’° 00’eXt’ \ 1,000
6
J ' J200,000
Jan. 1, 1909.
Debentures o f 1886. 1,000
5
J.-J.
150,000
Jan., 1906
R oad —In clu din g 14th St., B leeoker St. and Canal St. branches, traok
owned 4'15 miles; miles leased 10 76; operated under trackage rights,
l*bO m iles; tota l track operated. 16-71 miles. W eigh t o f rails from
47 to 113 lbs., standard gauge. V. 74, p. i!3 9 .
THIRD
AVENUE RAILROAD - Underground
trolley.
O r g a n iz a t io n .—Chartered Oct. 8,1853. A cable road from Deo. 5,
1893, but in 1899 changed to underground tro lley —the 125th Street
line Sept. 29, 1399, the Third A ven u e lin e above 65th S treet Oct. 22,
1899, and the Th ird A ven u e line below 65th Street on N ov. 19,
1899. In Jan., 1900, the electric line betw een 125th and 162d streets
was completed. In N ov., 1895, purchased control o f the 42d Street
M anhattanville & St. Nicholas A ve. line. See V. 61, p. 872, 926. Con
trol o f D ry Dock E. B. & B. was obtained Aug. 23,1897. (V . 65, p. 194).
In January, 1898, a m a jo rity o f the stock o f Union Ry., N. Y ., was pur
chased.—V. 66, p. 135. In 8ept., 1898, U nion Ry. purchased Yonkers
RR. V. 67, p. 635. In A p ril, 1899, the T a rryto w n W hite P la in s *
Mamaroneck Ry. was acquired.—V. 68, p. 674.
A traffic agreem ent, which w en t Into effect A p r il 2 9 ,1S99, has been
entered into betw een the Manhattan E levated and the T h ird A ven u e
Railroad system [com prising the Th ird A ven u e RR., the D ry Dock
East B roadw ay * B a ttery, the 42d St., M an hattan ville & St. Nicholas
Avenue RR. and the U nion R a ilw a y lines], p rovid in g fo r an exten sive
scheme o f transfers at cross-town junctions, and also at the term inal
points o f the tw o systems. The transfers are granted for an additional
fare o f 3 cents, m aking the cost o f the entire jou rn ey 8 cents. For the
la tter sum a passenger can thus ride from the City H a ll and South
F e rry to Yonkers, N ew Rochelle and Mt. Vernon.—V. 68, p. 672, 872.
O w ing to failu re o f negotiations fo r a new loan to take care o f a
large floating debt which had accumulated and to provid e means fo r
piessing needs, the Th ird A ven u e R ailroad was on Feb. 28, 1900,
placed in the hands of Hugh J. G rant as receiver. On March 19, 1900,
Itw as announced that the M etropolitan Street R a ilw a y had purchased
control o f the road in the open m arket (at an average price, it is under
stood, o f SO) and w ould p rovid e fo r the rehabilitation o f the comnany.
Arrangem ents w ere at once conoluded through a syndicate, rep re
sented b y Kuhn, Loeb * Co., fo r the sale o f $35,000,000 o f the $50,000,000 new m ortgage described below , and on M ay 24 the property
was restored to the company, passing into the possession of the M etro
politan Street R a ilw a y Company as owners. Kuhn, Loeb & Co. offered
a block o f the bonds fo r sale in Dee., 1900. V. 71, p. 1168.
Lease.—On A p ril 13,1900, the M etropolitan S trtet R a ilw a y Com
pany took a lease o f the p roperty fo r 999 years. Form al possession
was taken M ay 24,1900. F o r the first four years Third A ven u e stock
w ill receive only the net incom e ahove expenses and fixed charges;
the n ext tw o years 5 per cent is to be paid on the stock; the succeed
ing fou r years 6 per cent; th erea fter 7 per cent.
STOCK & B o n d s . P a r.
Date. Interest.
Outstanding. Last die., <Cc
Stock,$40,000,0u0. $100 ......
Q.—F.
$16,000,000 N o v.,1899,1«4
1st mortage, g o ld ..1,000 1887 5 g. J. & J.
5,000,000 July 1,1937
N ew mort. g o ld l ...... 1900 4 g. J. * J. 35,000,000 Jan. 1, 2000
o* ($1,000, a o .), >Interest at M orton Trust Co , N ew York, Trustee.
$50,000.000..... ) Guar., principal and interest, by Met. St. Ry.
Bonds—O f the new m ortgage fo r $50,000,000, the $35,000,000 now
outstanding w ere issued to liqu idate floating indebtedness o f a ll the
various companies and to provid e fo r current needs. Of the rem ain
ing $15,000,000, $1,557,000 w ill be available fo r future extensions
and im provem ents; the other $13,443,000 is reserved to take up the
fo llow in g prior liens, which the com pany has bound itself to p a y off
STREET RAILWAYS,
58
at in he rn o m atu rity wittiOttt
K. V sto ck E xch an ge in M arch, 1001*
Th e bonds wtsf© listed on the
Kuws o f rumpu ny and l o a n .
Authorized,
riitT‘ L A vtr HU. On. U t M ..................... ......... #5,000,000
i;c lo u Ky, 1st M . ..................................... ........
‘2 ,000,000
42 d ,3L Man lieu i . A 8t. Nieh. A ve. Ry. XU M
1 ,*>00,000
2d ln o ftg a g » i noolites. _________________ *____
i ,000,000
Dry O u o k H u d B ’ w ay A Battery UK. le t M.
l*O0O,Ou0
i’?eraHi*tttew o f 1udebtetlliehe................ 1*2 »0,0<)0
Yon kers R R , 0<x le t M
............. . ......
1 ,o00,000
w ..-.stehe-’vtcr E lectric KIt le t M ____
ouO.OOO
T a r r ft T i W tuto HIeilus A M&m’neek R y .1at M .
B '0,000
Southern B o u leva rd KB . 1st M ...... ...............
250,000
T o t a l............................ . . . . . . . . . ................ ,$14,050,000
O utstand ing
$5,000,000
2, 000,000
1,200,000
* 1,1411,000
950.000
1,100,000
1, 000,000
500.000
300.000
25u,000
$13,443,000
* #357,000 a lrea d y p led ged as part security fo r the T h ird A v e . HR,
4$ are here deducted.
The new bonds are gu aran teed b y the M etropolitan S treet R a ilw a y
<for form o f gu aran ty see V . 72, p. 776) and are secured by the p led ge
o f the fo llo w in g stocks and bonds:
Nam e o f com pany.
Issued.
Pledged.
U nion R a ilw a y Go. of N e w Y o rk C ity d o c k ___ $2,000,000 $2,000,000
42d 31. M anhan’ v ille A St. Nich. A v e . Ry. stock. 2,500,000
1,671,100
i>o
2d m ortgage in com es................ .. . 1,500,000
357,000
D r . Dock East B ro a d w a y a B a ttery RR. stock 1,200,000
1,128,700
K in gsb rid g e R y. Co. s to c k .........
8,600
8,600
991,400
Subscription fo r balance o f $1,000,000 stock .............. .
Y on k ers RR. Ho. s to c k ......... . ..........................
1,000.000
992,500
500,000
500,000
W estch ester E lectric R R . Co. stock ...................
Southern B o u leva rd HR. Co. s t o c k .......... .......
250,000
248,300
T a r r y t ’ n W hite Plain s <& M am a ron eck R y. stock
300,000
300,000
Th e M etre p o ll tan Com pany ixS to be en titled to v o te on the fo re g o
in g and to re ceive the Incom e fro m the same so lo n g as the n ew bonds
a re not in defau lt. Bee particu lars In, V . 70, p, 1050.
T h ere a re oth er m ortgages outstanding fo r $50,000.
Stock—In Oct., 1898, $2,000,000 n ew stock w as issued, m akin g tota l
then outstanding $12,000,000. Th is n ew stock was offered to stock
holders at par. In Ju ly, 1899, stockholders vo ted to in crease stock from
$12,000,000 to $40,000,000. T h e stock was to be issued as requ ired to
p a y fo r im p rovem en ts and to extin gu ish the flo a tin g deb t—-V. 69, p.
29, 182. F iv e m illion s w as to be used in ta k in g up the $5,000,000 of
new stock to be issued b y the 42d S treet Co. as b e lo w . I n Sept., 1899,
$4,000,000 o f th e n ew stock w as sold to the shareholders at par,
ra isin g the outstanding am ount o f stock to $16,000,000.
ROAD— Oicned.
M iles.
C ontrolled butoper. sepaC ity H a ll v ia 3 d a v .t o l3 0 t h s t . 7*03
ra tely —tra ck miles.
Mites.
N orth R iv e r to 125th st., E .R . 2*50 D ry D ock E. B. & Bat. R y .. 14*97
10*h A ve., 125th St. to F o r t
42d 8t Man.tfc St. N icli. A ve. 25*66
G e o rg e ................................. 3*75 Union R y .......................; ____ 62*61
Rrtcond tra c k ............................. 13*28 W estobester E le c tr ic .......... 24*32
S id in g s...................................... 0*68 Y o n k ers R R .......................... 24*27
Southern B o u le v a rd ...........
7 *00
T o ta l t r a c k ........................ 27 24 T a rry tow n W h ite P la in s &
M a m a ro n e c k ..................... 18*90
T o ta l co n trolled tra c k .. 177*73
G rand to ta l tra c k ........... ..204*97
D iv id e n d s —I n 1892, 7 p. o.; in 1893, 4 p. c.; in 1894, 8 p. o.; in 1895,
9 p. o.; In 1896,9^1 p. o.; in 1897, 8H p. o.; in 1898, 7% p. o.; in 1899,
6 1* p. o.; in 1900, Feb., 1 p. o.; o w in g to receiversh ip, this la st d iv i
dend. a fte r h avin g been declared, was n ot paid.
L a t e s t E a r n in g s —N ine m onths to M arch 31
9 mos.
Cross,
Net.
Oth. incom e.
Charges.
B alance.
1901-02 ..$1,706,529 $599,061
$137,470 $1,320,262 def.$583,731
1900-01.. 1,639,255 707,086
35,698
1,322,472 def. 579,688
A n n u a l REPORT.—-The fo llo w in g covers the year en din g June 30,
1901, and is ex clu sive o f the 42d St. M a u h a tta n vllle & St. N icholas
A v en u e R a ilw a y , the T a rry to w n W h ite Plain s & M am aroneck R y. and
the Yon kers RR., w hich com panies are rep orted s e p a ra te ly :
T h ird A ve.
D r y Bock,
U n io n Ry.
R a ilro a d .
etc.
Co7n^any.
T ota l.
$
$
G ross ea rn in g s ........2,242,635
582,124
1,153,597
3,978,356
O peratin g expenses. 1,095,541
400,071
807,233
2,302,846
N e t ............. .........1,147,094
F ix e d charges & t ’ x e s l,763,294
182,053
130,140
316,364
192,015
1,675,510
2,035,448
B a la n c e ........... ..def.616,200
O th er in co m e___ . . . . 413,092
sur.51,913
6,415
8ur.l54,349
3,122
def.409,938
422,629
sur.157,471
D e fic it .............. ____ 203,108 sur.58,328
sur.12,691
OFFICERS.— P resid en t,H . H. V reelan d; Sec. and Treas., J o h n B ea ve r.
INDEX—Y . 70, p. 77. 126, 1 7 4 , 177, 231, 281, 329, 382, 431, 481,
529. 533, 584, 634, 688, 740. 793, 9 6 ,9 9 7 ,1 0 5 0 . 1250; V, 71, p. 30,
699. 1121, 1168, 1312; V. 72, p. 88, 340, 628, 776, 1035; V. 73, p. 5 5 2 .
554, 1161; Y . 74, p. 528.
( 1 ) D R Y D O C K E A S T B R O A D W A Y & B A T T E R Y —H orse road.
O r g a n iz a t io n —Co n tro l obtain ed b y T h ird A ve. R R . A u g. 23, 1897.
—V. 65, p. 194. $1,128,000 o f the stock is p led ged fo r the 50 m illio n
T h ird A ven u e m ortgage.
P a r.
Interest. Outstand'g.
M a tu rity .
Sto c k & Bonds—
S to ck ................................ $100 6
Q.—F. $1,200,000
See tex t.
950,000
Deo. 1, 1932
N e w m ort., g o ld ,1892 ^ 1,000 5 g. J. - D.
F a rm ers’ L o an & T ru s t Co., Trustee.
C ert.o fd eb t n ot sub.to c. 100 5
F. - A . 1,100,000
Feb.
1914
R o a d —O wns 14*97 m iles o f tra ck ; o perates under trackage rights
5*4^ m iles; to ta l tra ck 20 43 m iles. O perates 191 cars, 8 swee^ ers
and 4 snow plow s.
D iv id e n d s —Sin ce 1891, fo r fiscal y e a r ending June 3 0 : 1891-92,
5 p er cent: 1892-93, 6 p er cent; 1 8 9 3 -9 4 .2 ^ per cent; 1894-95, 4 ^
p e r c e n t ; 1895, A u gu st, 1^2 p. c. ; N o v ., l ^ p . c ; in 1896, 6 p. c . ; in
1897, Feb., 1*2 p. c.; in 1898, 6 p. c.; in 1899, M a y (Feb. div. w as
passed), 1^ p. c.; none since p a id to June 1902.
E a r n in g s — Nine m onths to M arch 31:
Gross.
Net.
Oth. In c .
Charges.
S u rp lu s.
1901-02... $437,239
$97,564
$1,635
$95,865
$ 3,334
1900-01.... 434,971
133,453
1,634
97,752
42,335
A n n u a l R E P O R T -F is ca l y e a r ends June 30.
Y r.end . P n e 30. 1901.
1900.
1901.
1900.
G ross ea rn s___$582,124 $632,906 T a x es, e tc ..
e
”
£$130,140
$131,740
N e t ................... 182,053 173,097 In tere st
O th e r in com e..
6,415
6,036 D ivid e n d s ..
None.
N one.
N e t in c o m e ..$188,468 $179,133 B a la n c e .. .sur.$58,328 sur.$47,393
iN D E X - Y . 64, p. 843, 1041; Y . 65, p. 194, 5 6 8 ; Y . 67, p. 9 5 2 .
( 2 ) F O R T Y n & C G K D ST. M A M l A IT AN Vi R LE A 8T. N IC H O L A S
A V E . R Y, A hoi fib road, but N ov. 11, 1900, i hanged to elect d e ity .
Th e com pany a fte r b ein g Jo the hands o f re c e iv e r from March. 1900,
w m restored to so lven cy in 1901, re ceiver bein g discharged A p ril 12.
O RGA N12A T iO H—Cb a rte n- <1 A tig 2 9, 1878, t u S ■, v *-m b 6 r , 1805, control
was purchased by the T bird A ven u e RR. toee V. 61, p. 926.
In D m , 1399, began to use underground electric ,-y^tem from F o rt
Lee F e rry to the B ou levard , thence to F ifty-n in th Street.
O f the stock, #1,671,100 U p led ged as secu rity fo r the 50-m illion
Third A v e . rntg ; also $357,000 o f the 2d m tg incomes.
In Septem ber. 1900, the C ity Trust Com pany was pu rchasin g the
m inority stock on b O : r ' of the M etro]m lita n St. By. at #75 per ’ #100
share, Xms 20 m nt& expenses, Up to Jan L 1902, had thus
all stock, e x c e p t about 2oO shares, which w ill be acqu ired shortly.
STOCK & B o n d s .— P a r.
Interest.
Oulstund*g
M a tu rity .
Bt’k laut’d $7,500,000) #100
................
$2,500,000
..................
1at m orr m.1,1 I f t H o i ^ 000
6 M “S
1,200,000 Mch. 1, 1910
ls tm o r t. gold. iHbO f
interest at U nion Tru st, N Y. C ity, Trustee.
2d rr.ort inc 6s 1885 > 1 >00 0 6% m earned.
1,500.000 Jan. 1,1915
a m o rt*lnc*
1 ***1
u n ion Trust Co., N Y . Trusted*
Real estate m o rtg a g e .......... 5% .......... .
100,000
........
R o a d - O wn- 25 66 m iles o f t rack, operates under trackage rights
5 13 mlies; total, 30 79 m iles o f track. O perates 205 cars. 5 snow
plow s and 5 sweepers.
A nnual R eport—
Yr. end. J u n e 30. 1901.
-1900.
I
1901.
*1900.
Gross ea rn in gs.$697,749 $340,513 In t^ ren tT sa n d
N e t.............. .
225,214d f.73,568
t a x e s ........ .$127,914
$89,017
O ther in c o m e ...
3,428
5,676 B a l a n c e fo r
Gross incom e .. 228,642 df.67,892
y e a r . . . . ..sur.lC O ,728 df.156,909
* Th ese figures fo r 1900 are to M aw fli 18 only,
IN D E X -Y . 70, p. 481, 634. 1291; V. 71. p. 543; V. 72, p. 776.
( 3 ) U N IO N R A I L W A Y O F N E W Y O R K - A tro lle y road.
ORQANIZATION—O rganized under Chapter 340 o f the L a w s o f 1892,
g iv in g au th ority to con solid ate the H a rlem B rid ge M orrisania A
Fordham Ry., the M elrose & W est M orrisania RR. and the N o rth T h ird
A ve. & F le etw o o d P a rk R R , V a lid ity o f consolidation affirm ed by
Court o f A ppeals Jan. 9, 1900,—Y . 70, p. 77. Operates from 129th
St. and 3d A v e . through the Borough o f the B ron x, and w ith su bsidiary
lines, continuing thence to and throu gh M t. Vernon, In M ay, 1902,
proposed buiKling 20 m iles n ew dou ble track in th e B orou gh o f the
B ron x .— \ . 74, p 988.
C ontrolled by T h ird A v e . R.R ., w hich in Jan., 1898, purchased a ma
jo rity o f the stock.—V. 66, p. 135.
In Sept., 1898, the U nion Ry. pu r
chased Y o n k ers R R , and a greed to gu aran tee its $1,000,000 bonds,
this gu aran ty bein g accepted by the Th ird A ve. V. 67, p. 635.
In Dec., 1899, accepted the term s proposed b y B oard o f E stim ate
fo r the K in gsb rid g e RR. franchise, w hich are 4 p e r cent o f gross
receipts fo r the first 5 years, 6 per cent fo r the second, 8 p er oent
fo r the third and 10 p er cent th e rea fter. T h e franchise is fo r 25
years, w ith p riv ile g e o f ren ew a l under certain conditions fo r an
other 25 years. A t the end o f the term the c ity acquires the prop
erty, payin g fo r it in accordance w ith d efin itely prescribed rules fo r
fix in g its value. V . 69, p. 1248. W ork on this lin e w as begun in Ju ly,
1901:
Th e w hole o f the stock is p led ged as seou rity fo r the T h ird A ven u e
50-m illion m o rtg ag e
S t o c k (Sc B o n d s .—
Far.
Interest.
Outstand'g. L a s t div., dtc.
S tock .............................. $100 ................
$2,000,000
.....................
ls t m o r t 189° gold J 1»000 5 g. F . - A .
2,000,000 A u g. 1, 1942
1st m o r t , i »
go ld . ^ In t ig p a ya b le at c e n tra l Trust Co., N. Y . C ity.
Guaranteed L o a n s —
Westell. 1st M.,gu.,p.«fei) 1,000
5 g. J. - J.
500,000 Ju ly 1, 1943
g o ld ........ 1893.......... >
M erca n tile Tr. Co., N. Y ., T ru stee.
8o. Boule. R R . 1st,go ld j ........ C e n tra l T ru st C o f I L Y . , T r a i n e e 1’ 1945
’I t
|
Y $ l k00r0,0WX
gu..’ ........
5 A .-0 .
1,000,000 A p r. 1, 1946
T a rry to w n W ’e P la in s )
& M am aroneck 1st ,$1,000 5 g. M.-S.
300,000 M ar. 1 ,1 928
m tg e , $300,000, g.,—r- K n ick erb o ck er Tru st Co., N . Y „ Trustee,
gu ar.p.
1893... )
R o a d —Operates the fo llo w in g roads:
Miles. Operated separately.
Miles,
M ain line and b r a n c h e s ____ 3 5 T 1
W estchester E lectric, tra ck . .24*32
Second tra c k .......................... 27*50
Southern B ou levard , tra c k ... 7*00
Y o n k ers R R ., tr a c k .............. 24*27
T o ta l t r a c k ..........................62*61
T o ta l sep a ra te ly o p era ted 55*59
G rand tota l a ll.............. 118*20
L a t e s t E a r n in g s —N ine m onths to M arch 31.
9 moyi.hs.
Gross.
Net.
O 'h .in c . Charges.
S u rp lu s.
1901-02..............$735,359
$224,306
$1,569
$104,915
$120,960
1 9 0 0 -0 1 ........... 656,273
255,841
460 104,387
151,914
A n n u a l R e p o r t —R esults fo r y e a r en din g June 30,1901, w e r e :
Total In t.,re n ta ls
Gross.
Net.
incom e, and taxes. S u rplu s.
Union R ail w a y ... $916,009 $348,458 $351,580 $139,662 $211,918
W estch’ter Elect.. 185,285 df. 17,363 df. 17,36*<
34,723 df.52,C91
8outh. B ou levard.
52,303
15,274
15,273
17,630 def.2,356
T o ta l. ........$1,153,597 $346,364 $349,485
IN D E X - V . 69, p. 441; Y . 70, p. 77, 481.
$192,015
$157,471
(4) T A R R Y T O W N W H IT E P L A IN S & M A M A R O N E C K (ELECT R IC ) R Y .—A tr o lle y road.
O r g a n iz a t io n —Successor in .1898 to the N e w Y o r k E lm sfo rd & W h ite
Plains R y. On A p r il 18, 1899, T h ird A ven u e R R . purchased a ll the
stock, and it is p led ged as secu rity fo r the n ew 50-m llliun T h ird A v e .
m o rtg a g e.—V. 68, p. 674.
R oad extends from T a rry to w n station on the N. Y . C. & H . R. R R ., to
Mamaroneck*, on the Sound, and from W h ite P la in s Station on the H a r
lem R oad to S ilv e r L ake P a rk , a to ta l o f 18*90 m iles. T h e com pan y
carries fr e ig h t as w e ll as passengers.
STOCK & B o n d s Bate.
Interest. O utstanding. M a tu rity .
Stock ($300,000), p a r $25 .............................
$300,000
..................
1st m o rtgage $300,000, > 1893
5g M & S
300,000 M ar.1,1928
g, ($1,000) gu ar.p. <fei.. s K n ick erb o ck er Tru st Co., N. Y ., trustee.
T h e bonds are gu aran teed, p rin cip a l and in terest, b y endorsem ent,
b y the U nion R a ilw a y Co. F o r fo rm o f gu a ra n ty see V . 74, p. 381.
L a t e s t E a r n in g s —Jan. 1 to M arch 31 :
3 mos.
Gross.
%Net.
Charges.
S u rplu s.
1902........................ $10,740
def. $4,923
$4,193
def. $9,116
1901. ......................
9,570
def. 4,181
4,155
def. 8,336
A n n u a l R e p o r t —F o r fiscal y e a r en din g June 30, 1901, gross,
$62,261; net, $5,976; in te rest and taxes, $16,949; deficit, $10,973.—
Y . 67, p. 75, 435; Y . 68, p. 674; Y . 74, p. 331.
*
(5)
Y ’O N K E R S R A IL R O A D .—A trolley road.
O r g a n iz a t io n —In Sept., 1898, sold to the U n io n R y ., w hich gu a r
antees $1,000,000 bonds, p rin cip a l and in terest, this gu aran ty b ein g
accepted b y the T h ird A v e . R R . See N e w Y o r k .—Y . 67, p. 635.
O f the stock, $992,500 is p led ged forfth e n ew 50-m illion m o rtg a g e o f
he T h ird A v e . R R .
STEEET RAILWAY'S.
STOCK & B onds —
Date.
Interest.
Outsiand’g. M aturity.
Stock, $1,000,000 ($ 1 0 0 ............................... $1,000,000
. . . . . ...
1st mtge.gold, $1,000,000,) 1896
5 A -0
1,000.000 Apr. 1,1946
guaranteed....................J M anhattan Trust Co., N. Y ., trustee.
R oad —O wns 24'27 miles o f track. Operates under trackage rights
2-50 miles; total track operated, 26-77 miles.
L a t e s t E a r n in g s .—T hree months to March 31:
3 wo*.
Gross.
Net.
O th.ine
0 harass.
Balance
1902............... $42,927 def. $4,272 $462
$14,949 del. $18,759
1901.........
38,145 def. 2,914
32 14,740
def. 17,628
A n n u a l R e p o r t —F iscal year ends June 30.
1901.
1900.
Y r.e n d .J u n e 3 0. 1901.
1900. I
Gross earns...$188,511 $17(5,379 |In tere st...... ■ •($ 6 0 ,4 4 6 $61,295
N e t .................
38,817
61,423 i T a x e s .........
of. 20,637 sur.1,143
Other incom e.
992
1,015 |Balance.........
- V . 62, p. 462, 644; V. 63, p. 5 5 8; V. 65. p. 51 5 ; V. 67, p. 635; V. 71,
p. 30.
N E W Y O R K & S T A M F O R D R Y .-A
tro lle y road.
O r g a n iz a t io n —W as Incorporated Aug. 3,1901, in New' York as a
consolidation o f the Portohester Street Ry. and thoLarohm ont Horse
B y. Has franchises in Portohester fo r 99 years and in Mamaroneok
fo r 100 years; on rem ainder o f the road practically perpetual.
STOCK & B o n d s —
Dale. Interest. Outstanding.
M a tu rity
Stock, $450,000 ($100)
....................
$450,000
.................
1st. m ortgage $450,000 ) 1901 5 g , A-O
365,000
Oct, 1, 1931
($1,000) go ld ......... o* SIn t. at N. Y . Seourity & TrustCo., N. Y .,T ru s.
Bonds—Of the $450,000 authorized, $85,000 are reserved fo r e x
tensions. N o sinking fund and cannot bo called.
E a r n in g s Of the combined properties for the year ending June 30,
1901, w ere: Gross, $82,168 ; net, $30,696 ; Interest charges, $17,500 ;
surplus, $13,196.
R o a d —Operates about 15 miles o f track from P ort Chester through
R ye, Harrison, Mamaroneok and Larchmont, to N e w Rochelle, where
connection is made w ith the Th ird A ve. surface line into N ew
Y o rk City. The Greenwioh T ram w ay Co., when com pleted, w ill con
n ect w ith this line, thus form in g part of a through lin e from N ew
Y o rk to Boston. 70-lb. rails.
O ff ic e r s —P resident, Chas. A. Singer, Larchm ont, N. Y .; Vice-Pres..
G. Stanley H eft, B ridgeport, Conn.; See. and Treasurer, N. H. H eft.
B ridgeport, Conn.; A ssist't See. and Treas., John Neilson, Larchm ont.
N. Y . - V . 73, p. 82, 287, 785.
W A L L & C O R T L A N D T ST. F E R R I E S R Y Suocessor to the Pulton W all & Cortiandt S treet P erries RR. sold
under foreclosure on Aug. 25, 1898. V. 67, p. 428, 488. Projected
from Fu lton and from W all S t . ferries, East R iver, to C ortiandt and
to L ib erty St. ferries, North R iver, 2-7 miles. Stock, $1,000,000;
par, $100; a ll issued. Bonds, $1,000,000, have been authorized and
issued. D irectors (Feb. 1, 1902): S. A. Beardsley. Charles J. Farrell,
W. S. W eaver, A n th on y N. B ra d y, N. F. Brady, Thom as E. M urray,
Hugh J. Grant, H. W. O lcott and H y. J. Hemmens. Office, 54 W all
S tr e e t.-V . 65, p. 1173; V. 67, p. 428, 488.
N E W A R K , N. J.—(See Jersey City, iST. J.)
P opulation 1900 was 246,070; in 1890 was 181,830;
and in 1880 was 136,508.
59
O rg an iz a tio n .— Incorporated in A pril, 1899, as successor to the
Newburyport & Amesbury RR.
S t o c k & B onds —
Date. Interest. Outstanding, Maturity.
8tock, $240,000........................
$240,000
1300-01.8%
Sg. j - b
210,000
Dec 1,11 20
1st M. $230,000, g o ld .... \ 190°Beacoll Tm Bt Co,
, Boston, Trustee.
ROAD—Owtis about 23 miles o f track in Newhurypor., including
lines to H averhill, Ameshury and Plum Island. Operate 43 cars.
E a r n in g s —F or fiscal year ending Sept, 30, 1901, gn «s. $102,808;
net. $37,005: iuf. and taxes. $15,635: dlv..
OFFICERS—President, W. M. Butler, Boston; Treasurer, G. A. But
man, 8 Congress St., Boston: 8upt., C. C. Benson, N ew buryport Ortlce,
33 M arket Square, N ew buryport,—V. 67, p. 690; V. 68, p. 619, 672y
V. 70, p. 1120; Y . 72, p. 44.
N IA G A R A
F A L L S , N. Y.
P o p u l a t io n 1900 w a s 19,457; in 1890 w a s 5,502;
a n d in 1880 w a s 3,330.
L E W I S T O N & Y O U N G S T O W N F R O N ’R R R . O r g a n iz a t io n .—Chartered August, 1895. Owns from Lew iston to
Youngstow n, 7'3 m ile s ; com pleted in August, 1896; beau eh to Rumsey
Park, 1 mile; sidings, '2 in.; trackage, '2 m.; total, 8-7 miles.
STOCK & BONDS— Date.
Interest.
Outstanding.
M aturity.
Stk.,$ 150.000 ($100) . . . .
........
$134,000
....................
1st mtg., $150,000) 1896
6 g. J -B
134,000
June i , 1928
($1,000), gold c* ( In t. at Buffalo L. Tr. & 3. D. Co., Buffalo, Trustee.
Loans July 1, 1901..........
........
25,808
....................
E a r n in g s —Y ear ending June 30, 1901, grosB, $s,661; deficit under
operation, $185: other fnoome $760; interest, taxes, eto,, $10,' 75;
deficit, $9,600. President, A. J. W heeler, Buffalo; Sec. and Treasurer,
Charles 8. W ebb, P. O. B ox 272 Buffalo; Supt., F. G. L o tt, Lew iston.
N I A G A R A G O R G E RR. E L E C T R IC O r g a n iz a t io n —In corporated in N e w Y o rk State June 3, 1899, as
successor to the N ia gara Falls & Lew iston, sold at foreclosure May 23,
1899. The road extends from Onondaga Street, Lew iston, along the
bank of the N iagara R iv e r to the city o f N iagara Falls, The line was
form ally opened Ju ly 1,1899. The com pany also controls the fran
chises o f the N iagara F alls T o w e r Co., the B a ttery W h irlpool Rapide
Co., the N iagara Rapids V iew Co. and the N ia gara W hirlpool Rapids
E lev a to r Co., all o f w hich w ere owned by the form er N iagara Falls &
Lew iston. An agreem ent has been made with the N iagara Falls Park
& R iv e r Ry. Co. allow in g cars o f the G orge Road to run o ver rhat
company’ s lines across the arch and Suspension Bridges to Table Rook
and Dufferin’ s Island.
S t o c k a n d B onds —
Date Interest, o tsla.n.d'g.
M a tu rity.
Stock, $1,000,( 00 ($100).............................. $1,000,000 ....................
N iagara F alls & Lew iston ) 1895 5g J-D
831,885 J u n e ! . 1925
1st mort., $1,000,000 > In t. at K n ick er ocker Trust Co., N. Y.,
( t-1,000) ...... ......... ,c*3 Trustee
Accounts payable Ju ly 1, 1901, $138,765.
Bonds.- Th e N ia g a ra F alls & Lew iston when sold at foreclosure was
sold subject to the $1,000,000 m ortgage o f the latter
R o a d —Owns 14'4 m iles o f track.
E a r n in g s —Gross earnings fo r year ending June 30, 1901, w ere
$82,160: net, $31,972; in terest and taxes, $55,201; deficit, $23,229.
President, Jos. T. Jones; V ice-President, H erb ert P. Bissell; Secretary
and Treasurer, Bert. L. Jones, all of Buffalo.—V. 68, p. 332,1077, 1133.
N E W A R K , OHIO.
P opulation 1900 was 18,157; in 1890 was 14,270,
and in 1880 was 9,600.
N E W A R K & G R A N V IL L E STREET R Y O r g a n iz a t io n —I n June, 1902, Tucker, Anth on y & Co. o f Boston,
NORFOLK, V A .
P opulation 1900 was 46.624; in 1890 was 34,871;
AND IN 1880 WAS 21,966.
purchasedthe entire capital stock and all o f the bonds, and w ill reeon
O R F O LK PORTSMOUTH
struct and reorganize the property. Is successor to the New ark Con NN
E W S CO -(See M a p o n page 6 0 .)
solidatedElectric Ry., sold at foreclosure iu July, 1900,
STOCK & B o n d s .—
Date. Interest. Outstand'g. M aturity.
Stook, $300,000................................................ $300 000
................
1st m ortgage, $250,000, g , 5 1901 5 g. ,T-J
190,000 Tan 1,1931
($1,000)...........................c ( In t. at Cent’l Trust Co , N. Y ., Trustee.
EARNINGS—F o r calendar y ear 1901: Gross, $48,582; net, $21,911.
ROAD—Operates 6 miles of track in the city o f N ew a r t , and a
surburban line o f 8 miles to G ranville; total, 14 m iles of track. V. 71,
p.492; V. 74, p. 427, 478.
NEWBURG,
N.
Y.
P opulation 1900 was 24,943; in 1890 was 23,263,
and in 1880 was 18,049.
O R A N G E C O U N T Y T R A C T IO N
road.
C O .-A
trolley
O r g a n iz a t io n —Orga n ized Oct. 16,1901, and acquired the N ew burg
E lectric R y. Co., sold under foreclosure. U nder the reorganization no
dividends are to be paid on the shares fo r three years, all surplus
earnings to be used fo r betterm ents and additions. The New burg
E leotrio 1st m ortgage bondholders and the W alden & Orange Lake
R R . andthe N ew b u rg & Orange Lake R R . agreed to a reduction in
th eir interest from 6 to 5 per cent. See V. 73, p. 138.
Dale. Interest. Outst’d’nq. M a tu rity
S t o c k & Bo n d s - S to ck -$150,000, par $25.,___ ..................
$150,000 ....................
Prof, st’k, $175,000 non-cum. .........................
175,000 ...................
Newb.Elee.lBtM . ($250,000) ( 1894 5g. M -N
250,000 M ay 1,1944
g., ($500) not sub. to call Int. at Knack. Tr. Co., Trustee, N. Y . City
W alden & O. L . 1st Mort. g.
1895 5g. J-D
100,000 J u n e l.1 9 4 5
guar. p. & i ....................... In t. at H am ilton Trust Co., Brooklyn.
Newb. & Orange Lake 1st
1894 5g. J-J
75.000 Ju ly 1,1944
M., g., $500, prin cip al and
in terest guaranteed___ o* Int. at Knick. Tr. Co., Trustee, N. Y . City
R o ad —Owns 16-49 miles o f track (inoluding W alden & Orange
Lake 5-29 miles and N ewburg & O. L. 5'40 m iles).
L a t e s t E a r n in g s —10 m os.,> 1902........Gross, $82 947; net, $30,834
Ju ly 1 to Apr. 30.
0 9 0 1 ........Gross, 79,407; net, 34.975
Y e a r l y E a r n in g s —F or the years ending June 30 (N ew burg E lect.):
Gross.
Net.
Oth ln e . In t., tax, dc. Bat., stir
1900-1...................$96,929
$42,305 $1,403
$36,450
$7,264
1899-0.................. 92,819
41,853
636
37,889
4,600
1898-9.................. 86,334
36,874
632
36,610
896
President, S B. Butcher; Vice-Pres. and Treas., W H. Pouch; Sec.,
A . B. Pouch.—V. 66, p. 1090; V . 67, p. 1056; V. 71. p. 29. 864, 913; V.
72, p. 137; V. 73, p. 138, 237, 338, 445, 843.
NEWBURYPORT,
MASS.
P opulation 1900 was 14,478; in 1890 was 13,947;
and in 1880 was 13,538.
C IT IZ E N S ’ E L E C T R I C S T R E E T R Y .—A trolley
road.
& NEW PORT
O r g a n iz a t io n —F orm erly known as the N o rfolk Portsm outh & N ew p ort N ew * Railway Co., but in M ay, 190 i, was authorized by the V irginia
L egislatu re to ch a tw eitsn a m ea sa b ovea n d toiu crea se the capital stock
to $10,000,000. The property and franchises o f the Berkeley Street Ry.,
Portsm outh E lectric & Gas Co. and N ational Gas Co. o f B erkeley were
acquired in fee. Owns a m ajority of the common stock ($1,075,000) o f
the N ew p ort N ew s & Old Point Ry. & Eleotrio and a m ajority o f
the stock ($1,650,000) o f the N orfolk R a ilw a y & L igh t Co. Messrs.
A lex . Brow n & Sons, J. W illiam M iddendorf & Co. of Baltim ore and
John L. W illiam s & Sons o f Richmond brought aboot the consolida
tion. Franchises run from 43 to 47 years and in some oases perpetual.
Embraces seven electric ra ilw a y systems, six ferry lines, six eleotrio
ligh tin g plants, three ice plants, three gas companies and three popu
la r seaside resorts, w ith hotels, bath houses and pavilions.— V. 74,
p. 1089.
Date. Interest. Outstanding. M aturity.
S t o c k & B onds —
$4,000,000
................
Stock, $10,000 000............. ________ ______
Nor. Ports & N ew p. N e w s l 1902 5 g., J-D
3,000,000 June 1,1942
In
terest
at
Alex.
B
row
n
<
fc
Sons,
Baltim ore
Co. lsta n d eollai. mtg., >
and N e w Y ork .
$4,000,000, g o ld ........ c* )
Nor. Ports. & Newp. N ew s 1
2,000,000 June 1,1942
Co. income bonds, $2,-F 1902 5 F -A
000,000 (non-cum) *.
)
Nor. Ports. & N e w p ’t N e w s l 1900 5 g . M-S
200,000 Mch. 10, 1950
By. eon. 1st M.. gold > Int. atFicPy&Bep.Co. of Md., Balt., Trustee
($ l,0 t0 ), $1,000,000. c * )
Bonds—O f the $,1000,000mtge. o f the N o rfo lk Portsm outh & N ew
port N ew s Rt/. Co. $150,000 is reserved fo r prior liens. S in k in g Fund
o f $10,000 per year. Fonda can be called by lo t at 110 on any in ter
est day, but only in sufficient amounts to satisfy sinking fund re
quirements.
O f the n ew first and colla tera ’ trust m ortgage $1,000,000 are re
served fo r extensions and improvements. These bonds are subject t o
call on any interest date upon six ty days’ notice at 107 and mt* rest.
The new issue o f $2,000,0u0 income bonds are convertible until M ay 1,
1912, into stock at par, and m ay be redeem ed at par and interest on
any interest date upon six ty days’ notice. In terest on these income
bonds is non-eumulative and is pay able only i f earned. (See VT. 74, p.
1089.)
NORFOLK RAILWAY & LIGHT.
S t o c k & Bo n d s —
Date. Interest. Outstand’g.
M a tu rity.
Stock, $1,650,000 ($25)................................. $1,650,000
.................
N orfolk C ity 1st M „ gold, <
1888 6g. J - J
125,000 Jan. 1, 1913
$1,000.......................... c ( In t. a t Mer. Trust Co., trustee, N. Y. City,
N orfolk Streetcons. mort., j
1898 5g. J - J
915,000 Jan. 1,1944
$1,000,000, g. ($l,000)c. ? Int, at Mere. Tr. & Dep. Co., Balt., trustee.
N orfolk R y. & L ig h t con. )
1899 5g. M -N
1,750,000 N ov. 1, 1949
M., $4,000,000, gold, ■-In terest at In tern ation al Trust- Co., H aiti$1,000. s. f ..................c* ) more, trustee.
Bonds—O f the n ew 1st con. m tge., $1,040,000 is reserved to re tire
outstanding bonds, and $1,200,000 remains available fo r the fu tu re,
to be issued o nly fo r additional property, and on ly upon the consent
o f the trustee. S in k in g Fun d begins Nov. 1,1909, and provides fOF
the purchase o f 1% o f outstanding bonds each y e a r at 110 or less.
STREET
•Ambler Avt*.
RAILWAYS
/ELMWOOD K
CEMETERY
SOAR GROVE'S)'
VCEMETERY \
-Road-
;—Westovci
|uuoan
in D C fD
‘•On l!
’iirll'AI
Xorth ip' |
nibrnokc*;
mrt^u|
M Ar OF THE
NORFOLK STREET R. R
NORFOLK, YA .
S h o w ln the R outes o f the
S treet R a ilw ay S y s t e m o f N o r fo lk , Va,
Pinner Pt,
I08T0W
M*b»»o
STREET RAILWAYS.
ol
NEWPORT NEWS Sc OLD POINT RV. J: ELECTRIC.
M ansfield <& Easton. Stock, $297,000. M ash. CommlsM un*r* in M ay,
1900, g a v e perm ission to issue 5% gold bonds fo r $296,000 (all now
ou tstan din g),of which $240,000 was to take up that amount o f prior liens.
Stock, com ,$1,075,000, )
ROAD—Owns 30 m iles o f track; gauge, 4 ft.
in : 56 and 90 ib.
par $100.................... ( ........
T and g ird er rails. O perates 38 m otor ears. E xtension s planned.
^ p a r $ 1CK).! 5 ^/.°.CIUU * \ .......
5 J.-J.
725,000 Jan^o/02, 2 ^ %
Ea r NINQS—F o r y e a r end in g Sept.30,1901, grosa, $51,341; not, $ * 0,498;
Iflt M ., $966,060/ gold, f 1898
5 g M -N
900,000
N o v. 1,1938 : in terest an 1 taxes. $16,777; deficit, $6,279.
($1,000 eacliW C...
{ Int. at A le x . B row n Sc Sons, B altim ore, M<1
OFFICERS—Presiden t, D aniel C oolidge, i orain, Q ; V ice P resid en t,
1st M .C it Ky L t A Pow . ) 1900 Sg.M & N
675,000
M ay 1,1910
G. L. W eth erell; Treasu rer, A. II. Sweet; Gen. Man. and Parch. A gen t,
$800 000 ($1,0 *0). g.c* > Md. T ru s t (Jo., B altim ore, Trustee.
A. R. II,H o w e ll; Supt., R. VV. H e wins, a ll o f N orton .— V. 69, p. 3 3 i; V.
Guar. prln. and in t..
) In t. at A lox . Browu A Hons, Baltim ore.
70, p, 1049.
_
Gen M ort $1 000 000 < 1901
5 « M~S $1*500.000
March 1, 1941
tfold /Si o
o
o
] L t . at A le x Brown Sc Sons, B a ltim o re. Md ,
gold (*>1.000 eaali) o ^ o r ttt 0o >MftK„ uoy tn N ew York.
B o n d s -T h o M arylan d Tru st Co., B altim ore, Is trustee o f both the
P o p u l a t i o n 1900 w a s 17,251; in 1890 w a s 16,156;
m ortgages o f the N e w p o rt Now s Sc Old P o in t K y Sc E lect The N ew p ort
a n d in 1880 w a s 15,112.
N ew s bonds o f 1898 are subject to ca ll at 110 on any Interest day at 60
N O R W IC H
S T R E E T R A I L W A Y - A tro lle y road.
days' notice, and so are the bonds o f the C itizen s’ Co. Th e la tte r are
guaranteed by the N e w p o rt New s By. Sc E lec t Co.
ORGANIZATION—In co rp o ra ted in 1882 and has a perpetual franchise.
O f the $4,000,000 G eu eral M ortgage bonds. $1,500,000 have been
STOCK & B o n d s — M iles. Date. Interest. Outstand'g
M a tu rity .
Issued; $1.575,000 are reserved by the trustee to ta k e up at m atu rity
J - J $250,000
See te x t
the outstan ding bonds o f the N e w p o rt News Sc Old P oin t K y and the I Block ($67)0*000 a u -) ...................
th o rized —$100___ \ D ividen ds at Am . Loan A Trust Co., Boston.
C itizen s’ K y Lt. Sc P o w er Co . and the rem aining $925 000 are fo r ad
1893 5g. A - O $350,000
O c t 1, 1923.
d ition al p roperty, im p rovem en ts etc. In addition to the m o rtgage 1st mort., $350,000, ) 12:
gold, $1,000.......... 5 In tere st a t Am . Loan Sc T ru st Boston
lien, bonds are secured by a deposit o f the bonds and stocks o f the
Dividends—F rom 1895 to Ju ly, 1897, both inclu sive, 5 p. o. y e a rly; in
C itizen s’ Ry. L t Sc P o w er Co.. N e w p o rt N e w s Gas Co.. N o rfo lk and
1898, 2 p .e .; in 1899, 2 p. o.; in 1900,2 p. c.; in 1901, 38a p. o.; in
A tla n tic T erm in a l Co and D a n ville Ry. Sc E lect. Co
R o a d - O wns and operates o v e r 120 m iles o f track, con n ectin g N o r 1902, Jan., 2 p. o.
R o a d —Owns 17 m iles o f tra ck and *65 m iles sidings; to ta l track,
folk , Portsm outh, N ew p ort N ew s, H am pton, Phoebus. Old Point,
B erk eley, P in n er’s P oin t, L a m b e rt’s Point, P o rt N o rfo lk and South 17*65 miles. O perates 33 cars and 3 snow plow s.
N o rfolk .
A n n u a l REPORT—Y e a rs en din g June 30 In 1901 was, gross, $96.OFFICERS— Presiden t. R. Lam aster W illia m s, Richm ond; V ice-Pres., 378; net. $33,4*20; taxes, $4,800; !• terest, $16,370; divid en d s (38i
Win. J. Payne, N e w p o rt Nows; Gen 1 M g r , E. C. H ath aw ay, B a lt i p.o.), $8,750. In 1900 was, gross, $84,164; net, $29,418; taxes, $4,800;
interest, $14,994; divid en d s (2 p.c.) $5,000; surplus, $4,624.
m o re .- V. 74, p. 1039, 1140, 1197, 1303.
OFFICERS—Presiden t, B. P. L ea rn ed , N e w London; S ecreta ry and
S iperlu tendent, W. L Adam s, N o rw ich ; Treasu rer, W. A. Tu cker,
B >ston, Mass.—V. 72, p. 481.
P o p u l a t i o n 1900 w a s 7.253; i n 1890 w a s 6,727.
S to c k & B onds —
Date .
M a tu rity
Interest. Outstanding,
........
$1,075,000
........
N O R W IC H , CONN.
NORTH
A T T L E B O R O U G H , MASS.
IN T E R -S T A T E
C O N S O L ID A T E D
STR Y ORGANIZATION—O rganized A p r il 21, 1895. See V. 60, p. 606.
In 1900 w as au th orized b y L eg isla tu re to becom e a com m on ca r
r ie r and ca rry lig h t freigh t.
W as authorized b y the Massachusetts
R ailroad Com nisslon in Ju ly, 1901, to purchase the In ter-S ta te Cons.
8t. Ry. Co. oi Rhode Islan d and to issue $275,000 ca p ita l stock, share
fo r share, fo r the stock o f that com pany.
STOCK & B o n d s —
Date. Interest.
O utstand ing. M a tu rity .
Stock, $380,000, par $100.............. 6 Q.—J. $380,000 See te x t
Coupon notes........................ 1897 4 <4 —F
150,000 A p r. 28, 1907
C u rren t lia b ilities O ctober 1,1901 ............... 180.327
..............
DIVIDEND— In 1897. 6 p. c.; in 1898, 6 p. 0.; in 1899, 6 p. 0.; in 1900,
6 p. 0.; in 1901 Jan. d ivid en d passed.
R oad —Owns 23 31 m iles tro lle y track and 3*55 m ile sidings,
etc., from Main S treet, P a w tu ck et R. I., to N orth A ttleborou gh.
Mass., H eb ro n ville, D o d g e v ille and A ttleborou gh . T o ta l operated
(In clu din g track outside or M ass.), 26 86 miles.
E a rn ings —F o r fiscal years en din g Sept. 30.
Other
Interest,
Gross.
Yet.
In co m e. Taxes dSc.
D iv .
B a la n ce.
1 9 0 1 .. .$174,701 $54,963
$463 $23,98 4 $ ...........
$31,442
1 9 0 0 .. . 175,232 62,885
800
22,201
22,800
sur.18,684
OFFICERS—Presiden t, M arsden J. P e rry , P rovid en ce, R. I.; Secre
tary, and Treasurer, E vera rd H olm es, Paw tu ck et, R. I.; Supt., Geo.
R. Cook, A ttle b o ro u g h .— V. 61, p .6 62. 871; V. 73, p. 236.
N O R T H A M P T O N , MASS.
P o p u l a t i o n 1900 w a s 18,643; i n 1890 w a s 14,990,
a n d i n 1880 w a s 12,172.
N O R T H A M P T O N
S T R E E T R A IL W A Y -A
tro lle y road.
O r g a n iza tio n —Chartered Feb. 26,1873.
STOCK, BONDS, E t c .—
Date. Interest. Outstand'g. Div* 7ids,<£c.
Stock, $300,000, par $100..................
J-J $300,000f.p.See te x t
( 1888 5 A - O
25,000
A p r. 1, 1909
1st M .,not subj.to c a ll($500)c ] In t a t S prin gfield S. D. <fe Tr. Co.,
( Springfield, Mass.
N e w m ortgage, $200,C0 0 .... J 1900 4 ^ J-D
200,000 June l , 1910
($ 1 0 ,0 0 0 )......................... c. ( In t. a t3 d Nat. Bank, P ittsfield , Mass.
Loan s and b ills p a ya b le Oct. 1, 1901 ...........
135,000
..................
Bonds —Th e n ew m tg e. 4 ^ p c. bonds can be called at p a r in 1905
upon 60 days’ notice. Trustees are E r w in H . K en n ed y and R alph B.
B ard w ell, both o f Pittsfield .
D ivid end s—In yea r 1893-94 distributed $12,000; in 1895. 10 p. 0.;
In 1896, 10 p. 0.; in 1897, 9 p. 0.; in 1898, 8 p. c.; in 1899, 8 p. c.;
in 1900, 8 p. 0.; in 1901, 8 p. c.; in 1902, Jan., 4 p. 0.
R oad —Operates 26*26 m iles o f track. On Oct. 21, 1900, extension
to H o lyo k e, and on Ju ly 7 , 190J, extension o f 5 m iles fro m Me. Tom
Ju nction to E astbam pton w ere put in operation.
A nnual R e p o r t —F o r years en din g Sept. 30 earnings h a ve been :
1901.
1900.
~
1901.
1900
Gross.............. $133,428 $107,243 Bal. f o r d iv ’nds..$27,062 $26,095
N e t..................
45,333
39,618 D ivid en d s........... 24,000
24,000
In t., ta x ., etc.
18,271
13,523 Bal. fo r y e a r. ..sur.3,062 sur.2,095
O ff ic e r s —President John Olmsted, S p rin gfield ; S ecretary, H . P.
F ield , N orth am pton ; V ice-P resid en t and Trea^'r. N. D. W in ter, S p rin g fie ld ; Supt., E d w in C. Clark, N orth am pton.— V. 70, p. 842, 1049
NORTHAMPTON
& AMHERST
STREET
R Y - A tro lle y road.
O r g a n iza tio n —In co rp o ra ted in 1899. Com m enced o p era tin g on
Jan. 2 2 ,1 9 0 ). In Feb., 1901. m id e an a p p lica tio n fo r an a ddition al
issue o f stock, and in June, 1901, applied fo r and re ceived perm ission
to issue $100,000 bonds. - V . 72, p. 1136.
STOCK & B o n d s —
Date.
Interest. Outetand'g.
M a tu rity .
Stock, $180,000 .............................................
$180,000
.....................
1st M , $160,000............................................
160,000
.....................
R o a d —O wns and operates 14*52 m iles o f tra ck ( in clu d in g sidings),
from N orth am pton to A m h erst and H atfield.
E arnings —F o r yea r en din g Sept. 30, 1901: Gross. $43,509; net,
$5,778; charges, $5,469; surplus, $309.
O f f ic e r s —Presiden t, F. S. Coolidge. Fitch bu rg; V ice-P res , B. E.
Cook Jr., N ortham pton; Sec. and Treas., C. W . W ym a n , N orth am pton ;
Gen. M anagers, C rosby Sc C oolidge.— V. 71, p. 544, 964; V. 72, p. 1136.
NORTON,
MASS.
P o pu latio n 1900 w as 1,826; in 1890 w as 1.785,
and in 1880 was 1,732.
NORTON & TAUNTON STREET R A I L W A Y
—T ro lley .
This is a consolidation o f the N orton & Taunton E lectric, the
N orton & A ttleb orou gh Street, the M ansfield & N orton Street, and the
N O R W O O D , MASS.
P o p u l a t i o n 1900 w a s 5,480; i n 1890 w a s 3,733;]
a n d IN 1880 w a s 2,345.
N O R F O L K
&
B R IS T O L
S T R E E T
R A IL ' W A Y —A n elec tric road.
ORGANIZATION—In corporated under M assachusetts la w s in IP 01, as
successor by purchase at foreclosu re on Ooc. 8, 1901, o f the N o rlo lk
Southern S treet Ry. Com m enced operations N ov. 15, 19 Jl.
STOCK & B o n d s —
Date.
Rate.
O utstanding.
M a tu rity .
Stock, $200,000 ($ 1 0 0 )...............................
$200,000
...............
1st m tge., gold, c* { iq m
m
($ 1 5 0 ,0 0 0 ;....
J 1JUi
..............
w
...............
R o a d —Owns 17 m iles o f track, conn ectin g N o rw ood , Mans., and
M ansfield, Mass., w ith tw o sm all branches.
E xten sion proposed
from F o x b oro to W rentham , 3 ^ miles. Ow ns 8 cars.
OFFICERS—Presiden t. E D. Codm an; Treas., H . F. S m ith ; M an agers
Stone Sc W ebster, Boston ; Gen. M g., E. J. B. H intoon, Canton Jc., Mass
—V. 69, p. 1103, 1148; V. 73, p. 338, 723, 843, 1112, L160.
N Y A C K , N. Y .
P o p u l a t io n 1900 ( in c l u d in g a d j a c e n t v il l a g e s )
WAS ABOUT 15,000.
R O C K L A N D
C O U N T Y
T R A C T I O N —T o be a
tr o lle y road.
O r g a n iz a t io n —Ch artered S ept 12, 1900 Thin oom oan y ow ns
about 30 m iles o f franchises ru nning from Spar Kill, N. Y , to U p p er
N y a ck and from N yack to West. N y a ck and Rookland Lake. Its au
thorized oap ital stock is $300,000 (p a r $100), or $19,000 a m ile, all
outstanding; no bonds h ave been issued. In J une, 1902, arrangem ents
w ere bein g com pleted fo r the construction o f the first 9 miles. 'Phis
com pany took o v e r the assets o f the projected N y a ck Traction Co.,
w hich w as purchased at foreclosu re on M av 24, 1900, none o f w hose
road w as In operation. President, C. W . R eeve, 150 Nassau St., N e w
Y o rk ; V ice-Pres., J. W . D a iley, Nyack.
O A K L A N D , CAL.
P o pu latio n 1900 was 66,960; in 1890 was 48,682,
and IN 1880 was 34.555.
OAKLAND
TRANSIT
CCN30LIDATED-1
t r o lle y road.
O r g a n iz a t io n —This com pan y is a consolidation on M ir . 29, 1902, o f
the Oakland T ran sit Co. and the O »kland San L ea n Iro Sc H a y w a rd ’ s
Elec. R y .C o m o l. T h e fo rm er com pan y wan in corporated vlar. 29, 1901,
as a consolidation o f the O akland T ra n sit Co. (o f w liioli the “ R ea lty
S yn d ica te” ow ns 7-10 o f the capital stock) and the Oakland R R .; the
fo llo w in g roads had p revio u s ly been m erged: th e C entral A v e ., E ast
Oakland 8t., Oakland Consol., H igh la n d Pa rk Sc F ru itv a le , A la m ed a
Oak. <fc Piedm ont, Pied. & M ou nt V ie w and C a lifo rn ia Rys. See V. 64,
p .2 8 7 . Com prises p ra c tic a lly all the street ra ilw a y s doing business
in O akland, A lam eda, B e rk ley and County o f A lam eda. On A p r il 27,
1901, began using p ow er furnished b y the B a y Counties P o w e r Co.,
which p o w e r is gen erated by the Yu ba R iv e r and transm itted the 140
miles b y copper cables.
STOCK <Sc BONDS—
Date. Interest,
uu ista n d 'g.
M a tu rity .
Stock, $6,900,000 ..........................................
$6,900,000 ..................
Oa k la n d T ran sit Co .
N ew cons. M., $6,500,000
1902
.................................
...............
O akland T ra n sit Con.
1893
6
g
J-J
1,400,030
J
u
ly
7,1918
1st M. Oak. T r. $1,400,000 \
terest in N ew Y o r k or at C a lifo rn ia Safe
g., s.f., n ot sub to oall..o* J InD
eposit Sc Trust Co., trustee.
5 g J-J
1,600,000 Ju ly 1, 1931
1st con. s. f. M. Oak T r a n .( 1901
M ercantile T ru st Co., S in F ran . trustee
$3,000,000 ($1,000) ,g..o* \ Cut. pay. at N. Y ., S. Fran, and Oakland.
Oakland R R . 1st m o r t.,; 1883
6
$15,000
1903
$125,000 ...................... { V o ln ey D. M o od y and B. F. Mann, trustees.
Bonds—Of th e n ew consol, m o rtg a g e o f 1902 $3,500,000 u re to be
reserved fo r p rio r liens and the balance fo r extensions and im p ro ve
ments. O f the $3,000,000 1st consols o f the O akland Tran>it Co.
$1,415,000 are reserved to re tire u nd erlying lien9 at m atu rity. A s in k
in g fu n d com nences on these bonds in 1912 w hich w ill re tire o r pro
v id e fo r $2,020,000 o f the bonds on or before" m a tu rity. In terest p a y
able at W ells F a rgo Sc, Co. Bank in N e w Y o rk and San Francisco and
a t com pan y's office in Oakland.
O akland San L e a n d ro <£ H ayw ards E le e tric Ry.
Oak. San L ean dro Sc H a y. > 1892 6g M -S
$250,000 M ar. 1 ,1 922
R y .ls t M .g. ( $1000ea.) { In tere st is p ayable by check.
23d A v e . R y. 1st m ort., ? 1893 6g M -S 15
$250,000 Mar. 1, 1923
gold, $1,000 ea ch ........ j In tere st is p a ya b le b y check.
M ortgage tru stee is the C a lifo rn ia T itle Insurance & T ru s t Co.
Bonds—B oth m ortgages have sin kin g fund com m encing ten years
a fte r da te and in creasin g from 2 p er cen t y e a rly (o f to ta l bonds out-
&TREET RAILWAYS.
62
O M A H A
& C O U N C IL
B L U F F S
R A IL W A Y
■standing) for the IIi , t. n vr> years to H p el cent fo r List fii'0 years, The
& 15 R I jD G E
An electric road
builds are not subject to call before maturity.
is presently to be absorbed by the Omaha street R a ilw a y . See
E a r n in g s of combined proper-tie* fo r calendar year 1001: Gross,
statem ent o f the la tter above.
$..s-L,510; in-1, j -/> ■296; In 1000. gross, $730,075; net, $200,000.
STOCK & B o n d s —
Date.
Interest. Outstanding.
M aturity.
R oad — bmtn-uccs U K miles o f trolle v, ex tending from Oakland to
...... ...
$1,500,000
................
A '.ja n U , iierikidoy. Kruitv.de, Lust Oakland, San Leandro and H a y S t o c k . . . ...... .......... . . ............. .
1st mo it. (see below/ / 1888.
6gJ~J
400,000 Jan. 1, 1908
wards.
gold,$1,000,nuking Subject to call at 110 in 1899.
OFFiCt h ~- Prcddent, B. A. H eron; T r e n a r e r , F. C. lH v e ii« ; See'
fund, $500,000. o' ) lut at M ercantile Tru«si Co j tru stee,. S.Y. City,
rotary. F W . Frost; Ueu Manager, W . F. K e lly .—V. 72, i> I k 4, 187,
Bonds guaranteed—
439. 7-43, 937; V. 73, p. 93, 287; V. 74, p. 930, 1308
Council Bluff-, st. Ry.
1889.
5 g J-J
$250,000
July l , 1909
1st M. $250,000gold Subject to call at 106 lu 1899.
$1,000guar, p & i In terest at M ercantile Trust Co , trustee, New
(end.) sinking fund e '
York City.
P o p u l a t io n 1900 w an 12,633; in 1890 w a s 11,662,
B
o
n
d
s
Additional
6-.
may
be issued at $25,000 per mile ror road
AND IN 1880 w as 10,341.
acquired and nneiseumbered. The sinking fund was $20,000 yearly till
S T L A W R E N C E G A S . E L E C T R I C & T R A N S January 1,1899. and th ereafter $30,000.
P O R T A T IO N CO.
Road—Operates 25 miles o f track.
O r g a n i z a t i o n .—Tins company was incorporated In N e w Jersey
OFFICERS—
President, N. W. Wells; Vice-President, Geo. F. ‘A right;
and co n trol', through ownership of stock, the Ogdensburg Street R y , Secretary, C. T. Stewart; Treasurer, J. H. Millard; superintendent,
Ogdensburg Gas Co. and the Ogdensburg Pow er St L igh t Co., and
guarantees, both p rincip al and interest, the bonds of the tw o form er W. B. T a rk ln g to n .-V , 65, j). 236; V. 69, p. 492.
companies The collateral trust bonds were issued fo r the purpose of
OMAHA C O U N C I L BLUFFS & SUBURBAN
taking up the outstanding rem ainder o f the shares and bonds o f the
R AIL W A .Y-* tro lle y road.
controlled companies.
In July, 1900, controlling interest in this property passed to the
STOCK & B o n o s —
Dale.
Interest. Outstanding.
M aturity.
shareholders o f the Omaha & Council Bluffs Ry. & Bridge Co. Com
Stock, $400,000 ($10 0).................................
$1,000
...................
Colt, tr mtge., $400,000 ) 1900
5 g. J J
400,000 Ju ly 12, 1920 solidation w ith Omaha Street Ry. pending.
($1,000) g o l d ......... o ' > Int. at N orth Arner. Tr. Co., N Y ,, Trustee.
O rganiz ation —In corporated Sept, 28,1899, with a capital stock of
N o sinking fund and bonds cannot be called.
$1,000,000, to construct and acquire street railw ays in Council Bluffa
OFFICERS—Chester Snyder, Trustee; G. C. G. D avis, Easton, Pa., and suburbs. L in e between Omaha and Lake Manawa, a distance
o f 18 miles, was com pleted June, 1900. In Feb.. 1900. absorbed the
Manager.
East Omaha Street Ry. Co., the form al tran sfer o f which took place
( ! ) O G D EN SB U RG S T R E E T R Y .—A tro lley road.
on M ay 31.1900.—V. 70, p. 382.
In Feb., 1900, filed a n ew m ortgage fo r $600,000, given to the R oyal
The St. Lawrence Gas. E lectric & Transportation Co. owns all of
Trust Co. of Chicago and A lb e rt E. Johnson, trustees, m aturing 1*
the stock and most o f the bonds o f the Ogdensburg Street Ry.
1920, interest 5 per cent, and redeem able in 1906.
O r g a n iz a t io n .—Chartered Deo. 22,1885.
O ffic e r s -P re s ,, N. W W ells; Treas. J. H. M illard; 8eb., G. F.
S t o c k & B onds —
Date.
Interest.
Outstanding.
M aturity.
W righ t —V. 70, p. 231, 382,1150; V. 71, p. 237.
Stock, $150,000 ($ 1 0 0 )..........................
$150,000
.................
O G D E N S B U R G , N. Y.
1 $150 0 0 0 *500’ &° ' ) I 1895
6 M" 8 2
150,000
Sept. 2, 1925
M ortgage trustee, West End Trust Co., Philadelphia.
R oad —Owns 10 miles o f track, laid w ith 52 and 48 lb. T rails.
E a rn in g s —F o r year ending June 30, 1901, gross, $21,507; net,
$6,642; other income. $74; charges, $10,123;',deflcit, $3,407; In 1900,
gross, $22,187; net, $7,641; other income, $104; Interest and taxes,
$9,432; deficit fo r year, $1,687.
O L E A N , N. Y.
P o p u l a t io n 1900 w a s 9,4«2; in 1890 w a s 7,358;
a n d in 1880 w a s 3.036.
THE OLEAN STREET R Y -A trolley road.
O r g a n iz a t io n —Chartered March 1, 1880. In January, 1899, the
present management took charge. In Sept., 1901, was authorized to
issue 1st and 2d extension m ortgages to provid e fo r the construction
o f an extension to B olivar.
STOCK a n d B onds —
Date.
Interest. Outstand'g.
M aturity .
Stock, $300,000 ($100).............
........
$300,000
.................
1st m ortgage, $225,000, < 1899
5 g. M-N
225,000 N ov. 1, 1929
($1,000), gold...........o* <In terest at F id e lity Trust Co..Buffalo,Trust.
2d m ortgage, $60,000,( 1899
5 g. M-N
58,000 N ov. 1, 1914
($1,000), gold....... c* \ In terest at F id elity Trust Co., Buffalo,Trust.
1st e x teD. M., $130,000) 1901
5 g .F -A
130,000 Aug. 1, 1931
($1,00e) g o ld ............c* > In t’st at F id e lity Trust Co., Buffalo, trustee.
Cannot be called.
) Sinking fuBd o f $2,0u0 commences in 1905.
2d extension m ortgage, J 1901
5 g.F-Ary
25.000 Aug. 15,1931
$25,000 ($1,000) g ..c * ) In t’ st at F id elity T ru st Co., Buffalo, trustee.
Bouds can be o alled at any in terest date on 30 days’ notice.
Bonds—Sinking fund on 1st m ortgage o f 1899 becam e o p era tive in
N ov., 1901, $4,000 being paid annually'. Bonds cannot be called.
L a t e s t Earnings —0 mos. >1902.....Gross, $41,736; net, $20,126
July i to Mar. 31.
(190 1
.Gross, 39,269; net, 19,995
Earnings—For fiscal year ending June 30, 1901: Gross, $50,146;
met, $23,919; other income, $1,871; interest and taxes, #16,755;
i-urplus, $9,035.
Road—Owns and operates 13-83 miles o f road; sidings. -75; total,
14-58, from Olean to P o rtv ille and A llega n y. A n extension is under
construction.
OFFICERS—President and Treasurer, W ilson R. Page; Secretary and
Supt., Irv in g W . M iller, both o f Olean.—V. 65, p. 152; V. 73, p. 495.
OLEAN ROCK CITY & BRADFORD RYO rganization .—In corp ora ted in N ew Y o rk on June 22,1897.
S t o c k & B onds —
Date. Interest.
Outstand'g.
M aturity .
Stock, $210,000 ($100).............................
$210,000
.............
1st m ortgage, $200,000, > 1900 5g.M N/y
200,000
M ay, 1920
g o ld ............................. >In terest at Am er. Loan & Trust, Boston.
Notes payable June 30.1901....................
$38,886
Earnings—F o r fiscal year ending June 30, 1901 : Gross, $36,040;
net, $s,455; other income, $6,614; total n et income, $15,069; interest,
taxes, etc., $12,486; surplus, $2,583.
R o a d —Operates 18-86 miles o f track, con rentin g points named in
the title; 45 to 60 lb. T rails. Operates 12 cars.
O f f ic e r s - P re s id e it, H. L. P ierce; Secretary, F. A . G allagh er;
Treas’r and Gen’l M anager, C. E. Hudson. Office at Bradford, Pa.
O M A H A , NEB.
P o p u l a t io n 1900 w a s 102,555; in 1890 w a s 140,452;
a n d IN 1880 w a s 30,518.
OMAHA STREET R A IL W A Y - A tro lle y road.
Consolidation.—In May, 1902, stockholders voted to increase the
capital stock to $6,000,000 fo r the purpose o f acquiring the property
o f the Omaha & Council Bluffs Ry. & B ridge Co. U p to June, 1902,
plans o f m erger had not been en tirely form ulated. Y . 74, p. 728, 988.
O rganization —Incorporated Jan. 1, 1880. In August, 1900, the
Benson Ry. o f 2 miles, operating to Benson, Neb., was given to the
com pany under the condition that they operate it.
STOCK & B o n d s —
Date. Interest.
Outstanding.
M aturityStock ($100)....................M. - N. $5,000,000 f. p.
See text.
Om. St. Ry. 1st consol.
M .,$2,500,000, gold.... 1889 5g. M .-N.
2,500,000
M ay 1,1914
Interest is payable at the Farm ers’ Loan & Trust Co., N. Y. City.
Dividends.—Four per cent per annum has been paid fo r several
years past.
R oad —Operates about 92 m iles o f track.
Earnings —Th e company does not make reports. F o r yea r 1901
gross about $1,000,000.
O fficers—President, Frank M urphy; Vice-President, Guy C. Barton;
Treas. and Gen. Man., W. A. Smith; General Supt. and Purch. A gent,
F. A . Tucker.—V. 67. p. 843; V. 71, p. 237, 492; V. 72, p. 1238; V. 73,
p. 785, 900; Y . 74, p. 728, 988.
O N E O N T A , N. Y.
P opulation
1900
was
8,910; in 1890 w a s 8,018; a n d i n 188#
« as 4,461.
O N E O N T A C O O P E R S T O W N & R IC H F IE L D
S P R I N G S R Y —To be a trolley road.
O rg an iz a tio n .—This company was origin a lly chartered on duly 30
1897, as the Oueonta & Otego V alley RR.. but name changed to the
above on Deo 10, 1900 Was organized under N ew Y o rk law s to
construct an electric ra ilw a y to connect the towns named in the title,
a total distance o f 52 miles. In June, 1902, 33 miles betw een
Oneonta and Cooperstown w ere in operation, and the remainder to
Richfield Sprm vs is expected to be completed in 1902. In M ay, 1902,
was granted permission to increase capital stock from $1,000,000 to
$1,500,000 for the purpose of extensions.
S t o c k & B onos —
Date.
Interest.
Outstanding.
M aturity.
Stock, $1,500,000 ($100)
.............
$750,000
...................
N ew 1st M., $1,500,000 > 1902
5 g. M -N
750,000
M a y ’ ,1942
gold ($1.000),___ o* S In t. at Knickerbocker T r. Co., N .Y., Trustee.
Bonds- O f the $1,500,000 new bonds $750,000 was used to retire the
old first m ortgage botids o f like amount. Can be called on any in te r
est date at 107 *2 and interest.
O f f ic e r s —President, Norm an Getman; Vice-President, Edw ard C.
W hite; Secretary, Chas. V. D. Peek; Treasurer, H erbert T. Jennings>
206 Broadway, N ew Y o r k .- V . 72, p. 83; V. 73, p. 32; Y. 74, p. 988.
O R A N G E , N. J.
P o p u l a t io n 1900 w a s 24,141; in 1890 w a s 18,844,
a n d in 1880 w a s 13,207.
ORANGE
MOUNTAIN
TRACTION
Co -
O rgan ization —Successor to Orauge M ountain Cable Co. sold Oct. 9,
1895. Stock, $100,000; par $100. Jan. 1, 1902, real estate m ortgages,
$47,500; unfunded debt, $6,000.
Owns l 1^ m iles o f cable iucline,
extending to to p o f Orange Mountain, in Township o f W est Orange;
also pow er house, m achinery, 19 acres o f land, pavilions and amuse
ment resort at summit o f mountain.
E arnings —For year ending Dec. 31,1901, gross, $6,060; deficit under
operation, $635. N ot operated during 1897; re-opened A p ril 9, 1898.
President, D avid Y o u n g Jr.; Secretary and Treasurer, A. F. Skinner,
Nutley, N J — V. 60. p. 968,1010; V. 61, p. 366,662.
SO. ORANGE & MAPLEWOOD TRACTION.—
O rganization —Consolidation in July, 1901. of th** South O ra-n -eA
M aplewood Tr.C o.a n d th e South o ra n g e <s M aplew ood St. Ry. Stock au
thorized and paid in t o June 1. 1902, $2,000,000; bonds have b e e *
authorized, hut none issued to date mentioned; other debts w ere om
Jan. 1, 1902, $20,434.
R oad —Length o f m ain line, 2-6 miles, double track; total trolley, in#
eluding sidings, 5’5 miles. Gauge, 4-ft. S^sin. Rails 56-lb., T and 100-lb«
girder. Has 8 oars. P ow er rented. Cost of road and equipm ent to
Jan. 1, 1902, $220,758.
E arnings —Y e a r ending Deo. 31, 1901, gross, $20,415; net, $554.
OFFICERS—Pres., E dw ard D. Page; Treas., John O’ Rourke.
ORANGE &PASSAIC V A L L E Y R Y .- T ro lle y road.
ORGANIZATION—In corporated in 1898 as successor o f Suburban
Traction Co.; sold in foreclosure July 6,1898.
STOCK & B o n d s —
Date. Interest.
Outs’ding.
M a tu rity.
Stock, $1,000,000........................................... $1,000,000
.................
«•, nnnonn
> 1898
5 J -D
590,000
Dec. 1,1948
1st mort., $1,000,000...... | n .J. T it Guar. & ^ Co. o f Jersey C’ y, Tr.
R oad —9 T 0 miles o f track on 7 miles o f streets in Bloom field,
Orange, W est Orange and East Orange
EARNINGS—Earnings lo r year ending Dec. 31:
1900.
Expenditures.
1901.
E arnings.
1901.
1900.
$1,433
From pas’ng’rs. $81,771 $73,048 R e p a ir s ....... ?
099
38,691
Other sources___
1,124
3,802 Sup’ten.&man.
N et............... $42,973
36,726
$82,895 $76,850
OFFICERS- President, Charles A Sterling; Vice-President, D avid
Young; See. and Treas., Wm. G. Shailer.—V. 67, p. 75; V. 68, p. 381
OSHKOSH, W IS.
P o p u l a t io n 1900 w a s 28,284; i n 1890 w a s 22,836;
AND IN 1880 w a s 15,748.
WINNEBAGO TRACTION C O . - A tro lley road.
O rganization , Et c .—This is a reorganization in 1900 o f the Citi
zens’ Traction Co. In corporated under the law s o f W isconsin.
Population served (estim ated) 1900, 50,000. Franchises run to 1932.
STREET RAILWAYS.
STOCK AND B o n d s —
Dute. Interest. Outstand'g. M a tu rity .
Stock, $650,000................................................. $650,000 .....................
1st m ortgage, $1,000,000, $ 1900 5 g. A -O
555,000 A pr. 1, 1930
gold, $ 1 ,0 0 0 ................ o* (
T ru st Co. o f A m erica, N. Y ., trustee.
BONDS—Of the m ortgage fo r $1,000 000, $415,000 are reserved fo r
future purposes. Bonds a re redeem ab le at 110 and accrued interest,
upon six w eeks notice.
Road—Owns and operates 30 miles o f road. 15 m iles in Oshkosh and
15 miles o f Interurban road ru nning to Neenah and Menstha.
Earnings—For fiscal y e a r en din g M arch 31, 1901, net, $32,903;
oharges, $27,500; surplus, $5,403.
O fficers—President. Em erson M cM illln , N e w Y o rk ; V ice-P resid en t
and General M anager, E. E. D owns, Oshkosh; S ecretary and Treasurer,
W. F. D outh lrt, N ew Y o rk .—V. 64, p. 7* 9; V. 69, p. 333. 1147; V. 70,
p. 632, 634, 741, 998; V. 72, p. 723; V. 73, p. 446; V. 74, p. 885.
63
s. f. is p rovid ed fo r the $200,000 reserved bonds as they are issued.
—V. 74, p. 95.
Earnings—For years en din g June 30: In 1901. gross, $102,395; net,
$33,937; in 1900, gross, $95,918; net, $33,917.
R o a d —I n 1902 co w p a n }’ operated ll^ a m iles o f tro lley In o lty o f Ot
tum w a, Iow a . A il operated by electricity. W eight o f rails, 60-lb. T*
Standard guage. A lso does m unicipal, com m ercial and resilience elec
t r ic ligh tin g; supplies electric p o w er fo r station ary m otors, etc., and
operates a system o f steam heating, w ith 3 ^ m iles o f inai s.
OFFICERS—Presiden t, J. n . M errill; 1st V ice-P res., G. W. W attles
Omaha; 2d V ioe-Pres., Samuel Mahon; Sec., J. B. K;ix: Treas.. J. W.
G arner; Gen. M an., J. F. S p rin gfield.—V. 70, p. 713; V. 73, p. 139,
723; V. 74, p. 95.
_
O W E N SB O R O , KY.
P o p u l a t i o n 1900 w a s 13,189; i n 1890 w a s 9,837,
a n d i n 1880 w a s 6,231.
O
W
E
N
S
B
O
R
O
C IT Y R A I L R O A D —A tro lle y road.
P o p u l a t i o n 1900 w a s 7.939; in 1890 w a s 9,352;
ORGANIZATION—C hartered in 1886. Franchise runs t ill 1936 and
a n d in 1880 w a s 6,578.
giv e s exclu sive rights to operate street ra ilw a y in said city.
P o p u la
W E S T C H E S T E R T R A C T I O N . —A tro lle y road.
tion served about 17,000.
O rganization —T h is com pan y, by consolidation on Feb. 17, 1902,
STOCK & B o n d s —
M iles. Date. Interest. Outstand'g M a tu rity .
absorbed the O ssining E lec tric R y., which had been ch artered June 7, S to ck ,$50,000 (p a r $ 5 0 )......................................
$50,000 f. p..................
1893.
ls t M
5 8 ^ 1888
6 J-J
25,000
1908
is t m .,
ea cn .............J In terest at L o u is v ille Banking Company.
STOCK a n d B o n d s —
Date.
Interest.
O utstand'g. M a tu rity .
Stock, $1,500,000 (*1 0 0 )..
..........
$300,000
.........
2d $100,000 ($500). our., ] 8^3 1894 6 J-J
75,000
Jan. 1,1917
1st m ort.. $1,500,000, g. > 1902
54?. A-O
150,000 Oct. 1. 1932
not subject to c a ll........( In tere st at L o u is v ille T ru st Com pany.
j Bonds—O f second 6s $25,000 reserved fo r first m o rtgage when due.
($1,000)............. .. .o* { N. Y . Securit3' <te T ru st Co., N. Y .. Tru stee,
Bonds.—$450,000 bonds are reserved fo r construction o f exten sion !
R o a d —O wns RLj m iles o f tro lle y t*ack in O w ensboro and suburbs.
to Portchester. balance is issuable at not ex ceed in g $30,000 p er m ile A ll new 40 and 56 lb. rail; 15 m o tor cars, double G. E. 800; 5 trailers.
o f additional new road.
R oad is still In course o f recon stru ction and extension.
Road—Owns about 5 m iles o l road and p o w er house in Ossining.
OFFICERS—Pres., Clias. B rockcr; Vice-Pres., R. 8. Hughes; Sec. and
E xten sion o f 20 m iles to W h ite P la in s and Portchenter is under con Treas., J. H . Parish.
struction. F ift y m iles in a ll proposed to variou s places in the State.
O fficers—Presiden t, Thos. F. B a rrett, N ew Y o rk ; V ice-P resid en t. !
Geo. W . Nook, Ossining; Sec’y and Treas., J. M. Cronly, N ew Y o rk . V.
P o p u l a t i o n 1900 w a s 19,416; i n 1890 w a s 12,797,
74. p 428, 933, 1040.
a n d i n 1880 w a s 8,036.
P A D U C A H C IT Y R Y . - A tro lle y road.
O r g a n iza tio n —In co rp o ra ted in K en tu ck y on M ay 21, 1902. as a
P o p u l a t i o n 1900 w a s 22,199; i n 1890 w a s 21,842,
succcessor to the Paducah Ry. <fc L ig h t Co., which w as a consolidation
a n d i n 1880 w a s 21,117.
in 1898 o f the en tire street ra ilw a y ana electric-ligh tin g plants o f P a d u
O S W E G O T R A C T I O N . —T ro lley .
cah. In 1899 granted 25-year franchise.
O r g a n iz a t io n —In co rp o ra ted at A lb a n y June 1, 1899, as successor
STOCK & B o n d s —
Date. Interest. Outstanding. M a tu rity .
to the Osw ego street R a ilw a y and the Lake O n tario & R iversid e, sold 8tOCk, $300,000, $ 5 0 ........................................
..................
$306,000
a t foreclosu re A p ril 10, 1899, accordin g to plan in V. 65, p. 278, but Pad. Ry. & Lt. 1st m ort., J 1898 6 g. J - J
400,000 Ju ly 1, 1918
n ot fo rm a lly turned o v e r to the n ew com pany u n til Feb. 1, 1900.
$400,000 go ld ..................... ( Int. at A m erica n Tr. <fe 8av. Bk., Cliic.f Tr.
C h arter perpetual.
Padu cah C ity Ry.
m tge.,> i q o 2
5 <r
600 000
1932
$1,000,000 g o l d ................. \
D g*
ouu,uuu
Date. Interest. Outstand'g. M a tu rity .
S to ck & Bonds—
Bonds—Sinking fund o f Paducah R a ilw a y & L ig h t Co., J u ly 1, 1903'
Stock, com., $200,000 ($100) . ..............................
$ 200,000 ...................
P ref.. $100,000,non-cu. ($100). ........
4
100,000 .................. 3 p. c. annually o f am ount outstanding. Bonds are redeem able at
1st m tge., $100,000, gold, J 1899
5g. J -D
97,000 June 1,1929 105 a fte r 10 years.
$1,000................................... I Trustee, K n ick erb o ck er TT. Co., N. Y .
Road—O perates about 15 miles o f traok.
3 M S $191,000 June 1,1929 ,
E a r n in g s —Gross earn in gs fo r 1901 w ere $117,161; in 1900, $103,750,
2d m tge., $200,000, ($ 5 0 0 )... ^ 1899
K n ick erb o ck er Tru st Co., trustee.
- V . 67, p. 127, 483; V. 74, p. 1140.
R o a d —11 ^ m iles o f track. R a ils 45 to 107 lb., standard gauge.
O p era tes 2 * cars.
E a r n in g s —Y e a r endingJune 30, 1901, gross, $36,531, net. $5,048.
P o p u l a t i o n 1900 w a s 5,024; i n 1890 w a s 4,755,
In 1900, gross, $31.460.—V. 65, p. 278; V . 67, p. 1161; V. 68, p. 474,
a n d i n 1880 w a s 3,841.
772,1133; V. 69, p. 1148.
OFFICERS— Presiden t, S. M. Coon; V ice-P res., Charles A . Tanner;
P E N N S Y L V A N I A & O H I O R Y - - A tro lle y road.
Treas., Jam es P. D o yle; Seo’ y, D an'l A . W illia m s—a ll o f O swego.
O r g a n iz a t io n —In co rp o ra ted on M arch 17, 1898, to build an eleotric road from Conneaut w estw a rd to K in g v llle , Ashtabula, Say brook,
P a in e s v ille and G en eva, th ere to conn ect w ith extension o f C le v e
land P a in e s v ille <fe E astern R y. In o p era tio n from Conneaut to A sh
P o p u l a t i o n 1900 w a s 10,588 ; i n 1890, 9,985;
tabu la, 7 miles.
a n d i n 1880, 7,834.
D a te. In terest.
Outstand'g. M a tu rity .
Sto c k & Bonds—
OTTAWA R A IL W A Y
L I G H T & P O W E R Stock
(p a r $100),$700,000
.....................
$600,000
.................
C O . - A tro lley .
au th ....................... ..........
O r g a n iza tio n .—O rganized in M arch, 1899, under th e la w s o f I l l i 1st m ort. $600,000 gold.o* 1901 5 g . J& D
450,000
1921
nois, and in Ju ly, 1899, purchased the O ttaw a S treet R a ilw a y (p re
In t. at Sav. & T ru s t Co., C lev., Trustee.
$500 e a ch .....................
viou sly sold at foreclosu re) and the Thom as E lec tric L ig h t & P o w e r
Ro a d —Owns 7 m iles o f road; to ta l len gth o f p rojected road, 44 m iles.
<3o. W a ter p ow er is used in gen eratin g elec tricity fo r both lig h t and
ra ilw a y . Franchise perpetu al fo r elec tric lig h tin g and u n til M arch, 1 O FFICERS—P resid en t and Purch. A g t., Thom as Fricke; V ice-P res.,
W. F. S tanley; T reasu rer, B. W. B aldw in .
Ofiloe at A sh tabu la.—
1919, fo r ra ilw a y.
V . 74, p. 478.
______
STOCK & B o n d s —
Date. Interest. O utstand'g. M a tu rity .
Stock authorized, $15 0,000................................
150,000
.............
1st M., s. f., g , $150,000, > 1899 5g. A & O
150,0 0 Apr.1,1929
P o p u l a t i o n 1900 w a s 7,801; i n 1890 w a s 6,520.
$1,000 and $ 5 0 0 ................. s In t. a t A m erican Loan & T r., Boston.
Sinking fund o f $2,000 a y e a r is provid ed , to be in vested in the bonds
S P R I N G F I E L D & E A S T E R N ST. R Y .-A trolley
i f th ey can be purchased at 105 o r less. E. H. R o llin s & Son, Boston, road.
floated the bonds.
O r g a n iz a t io n —This com pan y w as fo rm e rly the P a lm e r <fc Monson
E arn ings —F o r y e a r en din g J u ly 31,1900. Gross earn in gs o f r a il 8t. R v., but in M ay. 1901, nam e w as changed as above. C a p ita l stock
w a y and electric com pan ies com bined w ere $39,193; net, $13,424. $370,000, par $100. issued $37 0,000. In M ay, 1902, w as gra n ted p er
F o r six m o n th sen d in g D ec, 31, 1900, gross w as $21,667.
m ission to issue $350,000 bonds.
R oad and P l a n t —O perates about 8 m iles o f lin e, c o v e rin g the p rin
Road—Owns and operates 15 m iles o f road from M onson through
cip a l streets o f O ttaw a , and also runs out o f the c ity to E llis P a rk , a P a lm e r to W are, and 5 m iles from P a lm e r to B o n d s v ille and T h ree
pleasure re so rt on the Illin o is R iv e r. In Feb., 1902. exten sion s from
R ivers; an exten sion o f 9 ^ m iles from P a lm e rto L u d lo w w as com pleted
O ttaw a to M arseilles and fro m O ctaw a t o B uflalo w ere n ea rin g com and put in operation on Sept. 17, 1901; to ta l 29
m iles. Is con trolled
pletion . E qu ipm ent, 11 m o tor and 7 tra il cars. H as both steam b y the A . M. Y o u n g syndicate.
aDd w a te r p o w er plan ts fo r gen era tin g pow er, w hioh can be operated
OFFICERS—Presiden t, Chas. F. G rosvenor; Seoretary, A . P in n ey;
in depen den tly i f necessary. Is su pplyin g 107 arc and 6,400 in can
descent ligh ts and o p era tin g th ree 50 ligh t arc dynam os, b elo n gin g T reasu rer and Gen. M gr., A . J. Purinton. V. 73, p. 617, 1062,1265; V.
74, p. 630.
____
to the city, fo r street ligh tin g.
O S S I N I N G , N. Y.
PADUCAH, KY.
O S W E G O , N. Y .
P A I N E S V I L L E . O.
O T T A W A , ILL .
P A L M E R , MASS.
OFFICERS-—President, F. 8. D onn ell, 45 M ilk St., B oston; S ecretary,
Treas. and Man., L ou is W . Hess, O ttaw a, 111 —V. 71, p. 1013.
O T T U M W A , IO W A .
P o p u l a t i o n 1900 w a s 1*,197; i n 1890 w a s 14,001,
a n d i n 1880 w a s 9,004.
PARKERSBURG, W . VA.
P opu latio n 1900 w as 11,703; in 1890 was 8,408;
and i n 1880 was 6,582.
CAMDEN INTER-STATE R Y . - A tr o lle y road.
O r g a n iz a t io n —In co rp o ra ted under la w s o f W est V irg in ia in 1900.
Is owned in the same in terests as the P a rk ersb u rg In teru rb a n R y.
O T T U M W A T R A C T I O N & L I G H T CO.-A trolley
STOCK & R onds —
Date. Interest. O utstanding. M a tu rity .
road.
Stock, $1.000,000. $100...............................
$ 1,0U0,000 .....................
O rgan ization —Is successor to the O ttum w a E le c tric & Steam , whioh N e w m ort., $1,500,000,) 1901 5 g. M -S
1,015.000
1921
in turn succeeded the O ttum w a E le c tric R y. Co., the p ro p e rty o f the
gold ($1,000). no s. f., > In tere st at C itizen s' Tru st Co., Parker3la tter, in clu ding ra ilw a y, heat and p o w e r plan t, h a vin g been sold
and oannot be c a lle d .. ) burg, Trustee.
under foreclosu re on A p r il 28, 1898 (V. 66, p. 901.) Franchises fo r 1st m ort., $150,000......................
.......
150,000 .....................
street ra ilw a y , elec tric lig h tin g and steam h ea tin g plan ts w ere e x
B
o
n
d
s
-$150,000
o
f
the
n
ew
bonds
are
re
serv
ed
to re tire the firsts o f
tended b y m u n icipal election on J u ly 8,1901, fo r a period o f 25 years.
lik e amount.
STOCK & B o n d s —
Date. Interest. O utstariding. M a tu H ly .
R o a d —Operates 30 m iles o f tra ck betw een H u n tin gton , W. V a., and
Comm on, $300,000 .......................................
$300,000
..............
P i e f ,$200,000 5% non-cu..............................
200,000
.............. Iron ton , Ohio.
1st m ort. $500,000 ($1,000) ) 1901 5 g A -O
300,000 Oct. 1, 1921
OFFICERS—Presiden t. J. N. Cam den Jr ; V ice-Pres. and M gr., J. A .
gold, s. f ...................... c* 5 Int. at U. S. M o rt.& T r. Co., N . Y ., Trustee.
F icktn ger; Sacretary, Spring D. Camden; Treasu rer, W. W. M agoun.—
Bonds—O f the au th orized issue o f $500,000, $200,000 are reserved j V. 73, p. 82.
fo r extension s and betterm en ts to the e x te n t o f 75 p. c. o f cost, pro- j
Tided n et earn in gs fo r y e a r p reced in g equ al double the am ou nt o f in
terest on old and proposed bonds. But at least $75,000 m ust first be
P o p u l a t i o n 1900 w a s 10,358; i n 1890 w a s 9,676,
exp en d ed on p rop erty. Bonds can b e ca lled a fte r Oot. 1, 1911. at
a n d i n 1880 w a s 6,S93.
105 and in te rest and each y e a r th e rea fter at ^ per cen t less. Bonds
P E E K S K IL L L IG H T IN G & R R num bered 1 to 20 m a y be redeem ed at 105 and int. a fte r Oct. 1. 1907.
O rganization—In co rp o ra ted as the P eek sk ill L ig h tin g Co on J u ly
s in k in g f u n d o f $5,000 bonds annually is o p era tive fro m 1907 to
12, 1900, and purchased the P eek sk ill Gas L ig h t Co. and P ee k sk ill Elec1909, and $8,000 bonds ann u ally from 1910 to 1920. P ro p o rtio n a te
P E E K S K I L L , N. Y .
64
8TKJEET
R A IL W A Y S ,
trio ! la lit A. 1‘ uVtrf Cm. Nauto changed a.-> a liu it upon [ urciiaao of the
PscksMli nacUOn on Aug. 31, 1900. Comiuise.i alt the gaa electric
tight lUtl e l if i'l ra il* a.> UiU-trata o f Peekskili.
S to c k A Bon OS ~
Dale,
Intermit. Outstand’g.
M aturity .
KtovJc. *500,t oo ( # 1 0 0 )............................
#350,000
l i t uitgo , #730,000 ( 1900
5 g. A O
500,000
Oct. 1, 1930
($1,000) gold, 8.F...0* S Inc. at N, V. See, A Trust Co., X. V., Trustee.
Boncti Whole issue (hut no fia ctio n a l part) can be i cdi-euied on any
Interest date at 1 10 and interest after Got. 1, 1905. S in k in g f und is
prov n e d at the rate of $10 80 per bond outstanding, beginning Oct..
1903 Of t ie $250,000 bonds unissued, $75,000 may be used fo r p a it
pa:> w ent at cost o f extension to Verplanoka Point, and the rem aining
$175,000 to be issued only for extensions, etc., other than those
under way at the rate o f 75 per cent of the actual coat, and only when
net earnings oi the previous tw elve months are equal to at least
twice the lutereetou the outstanding bonus and the proposed issue.
Ea r n in g s -- Of consolidated properties for six months ending Dec. 31,
1901, gross, $10,986; net, $15,512,
Road—-Owns and operates 12 miles o f track in Peekskili and to Lake
Mohegau and Verplanch’s Point, w ith I ranch to State Camp The new
consolidated power house commenced operations In Feb , 1902.
OFFICERS—President, B. B. Nostrand, J r ; Secretary, A lfre d E ly , 31
Nassau st., N. V. c ity ; Treas., H. H ob a rt Porter Jr., 31 Nassau St , N.
Y City; General Office, Peekskili, N. Y. V. 69, p. 852; Y. 71, p. 913.
PENN
YAN,
N. Y.
P o p u l a t io n 1900 w a s 4,650; in 1890 w a s 4,254;
AND IN 1880 W AS 3.475.
PFNN YAN KEUKA
P O R T R Y -A trolley road.
PARK
& BRANCH-
O r g a n iz a t io n —I ncorporated Feb. 23,1897.
STOCK A B onds —
Bate.
Interest.
Outstanding.
M aturity.
S tock,*100,000 ($100)..........
........
$90,000
..............
1st limi t., $100,000) 1897
5 g. F -A
1( 0,000
Aug. 1,1917
($500) gold............. ( Int. at Am. Loan & Tr. Co., Boston, Trustee.
E a r n in g s — For fiscal years ending June 30:
Year— dross.
Met.
Other tricorne. In t. and taxes.
Balance.
1901.. . $20,180
$3,609
$212
$6,605
def. $2,782
1 9 0 0.. .. 22,171
5,281
112
6,649
def. 1,256
R o a d —Operates from Penn Yan to Kranehport, 8(3 miles; with
sidings and terminals, 9>4 miles of track. E xtension, Branchport to
Ponlteney, N. Y., 4 ^ miles, under consideration.
OFFICERS—President, W. S. Reed, Leom inster, Mass.; Seo., F.
Yiele, W orcester, Mass.; Treas., W. H. T ylee, W orcester, Mass.
H.
P E O R I A , ILL.
P o p u l a t io n 1900 w a s 56,100; in 1890 w a s 41,024;
a n d in 1880 w a s 29,259.
C E N T R A L R A I L W A Y . —A tro lley road.
STOCK & B onds —
M iles. Bate. Interest. Outstand'g. M aturity .
8trk $750,000(par, $ 1 0 0 )..................................... $750,000 .................
1st M., $750,000, gold,) ......
1895 5 g .A & 0
500,000 A p r . l,1915
($1,000)................ 0* 5 In terest a tN .Y . Secu rity& Tr.C o., N.Y.,trustee.
Bonds o f 1895 co ver the entire system, Including the lines o f the Fort
Clark S t.R y.,con trol o f which w a sacqu iredin Aug., 1895. V. 61, p. 793.
R oad —Owns 60 miles o f track.
E a r n in g s —No recent reports.
OFFICERS—President, W alter Barker; Sec., J. N. W a r d ; Treas., H . J.
W oodw ard; General Mana. and Purck. A gt., J. F in ley. V. 61, p. 966.
.P E O R IA & PROSPECT
W A Y —A trolleyroad.
H E IG H T S
R A IL
O r g a n iza tio n —Successor to the Glen Oak & Prospect H eights R v.,
purchased by this company in N ov., 1897. Capital stock, $100,000;
no bends. Is supposed to be controlled b y the Central Ry. Operates
10 m iles o f track.
OFFICERS—President, John Fin ley; Secretary, J. M. Ward; Treas
urer, W. Barker.
PE O R IA
& P E K IN
WrA Y .—steamand electricity.
T E R M IN A L
R A IL -
F O r g a n iza tio n —Incorporated in Illin o is as Peoria & Pekin Traction
Aug. 5, 1897, to build and operate a term inal system in and betw een
Peoria and Pekin. Leases from Chic. R. I. & Pao. the Peoria Term inal
R R. for 50 years from December, 1897. In M ay, 1899, name changed
to Peoria A Pekin Term in al R ailw ay. Serves a population o f atou t
100,000.-.n-.v
Bate.
Interest. Outstand'g. M aturity .
S t o c k & B onds —
Stock, $700,000 (par $100)
$600,000
1st M $700 000 sold
o* ( I9 6 0
5g. J-J
663,000 See te x t
u
S r . ',8
" - ' 0 ' In t. at U. S. M oit. & Trust Co., N. Y „ also
r *1,690 eacn, s. 1............... ) at R oya l Trust Co., Chicago, trustee.
Bonds— O f the $663,000 bonds issued, $513,000 are due Jan. 1,
1930, and rem aining $150,000 in va ry in g amounts ye a rly from Jan. 1,
1905 to 1929, inclusive; an additional $6S,C00 bonds can be issued
to 80 per cent o f cost o f future im provem ents. V. 70, p. 946.
E a rn in gs - F o r j ear ending .April 1,1902, gross, about $110,000.’
R oad —E ntire line 35 miles o f track; owned 17’5 miles; leases 9’5
miles, and has rights o ver five m iles o f local street ra ilw a y in Peoria
w ith p rivilege o f tran sferrin g o ver 46 m iles additional. F reigh t and
through passenger business bandied b y steam. L o ca l passenger
business in and betw een Peoria, Pekin and Crescent by electricity.
The company bas union depots in both P eo ria and Pekin. T rack laid
w ith 70-lb. T rails.
O F F IC E R S — President, T. J. M iller, Peoria; Vice-President, W. H.
Trum bull, Salem, Mass.; Tieasurer, P. L. Saltonstall, Boston; General
M anager, L. E. Myers, Chicago; Traffic M anager,G . W . T a lb o t; General
Supt., N. C. D i aper, both o f P eoria.—V 68, p, 673; V.70, p. 946; V.71,
p. 30.
P H ILA D E LP H IA , PA.
P o p u l a t io n 1900 w a s 1,293,697; in 1890 w a s 1,046,964;
a n d i n 1880 w a s 847,170.
A M E R IC A N R A IL W A Y S C O O rganization —The Am erican R a ilw a ys Co. was incorporated under
law s o f N ew J eisey in 19i 0 as a consolidation o f the form er A m erican
Railw ays Company and the United States Electric Ry. & L igh t Co.,
recen tly incorporated, which latter bad only $1,000 <>f outstanding
stock. Stock and coll, t r a it ton ds are listed on the Ph iladelph ia Stock
Exchange.
STOCK & B onds —
Bute. Interest. Outstanding.
M aturity .
Com .stk.($50),$25,000,0C0...................
$3,751,000 Ju’e ,’02,111%
Collat. Trust $2,500,000, ) 1901 5 g. J-D
2,500 000
Dec. 1, 1911
g.conv.($500& $l,000 c* SIn t.a t P ro vid en t L ife & T r .C o ., Phila,, Trus.
B o n d s .- The ne w collateral trust bonds are redeem able at 105 and ac
crue d interest after N ov. 1,1904,.but ai e ci n v e itil le into stock at par
at option o f bolder at any tim e before that date. The collateral fo r the
bonds consists or $1,050,006 stock (out e f $1,100,000 issued) o f the
People’s Hy. of Dav ton; #1,300,000 first eouso), £s <d the Chicago A
Joliet E lec u lc K j., and $£00,000 first m ortgage 6s o f the Springfield
(Q.) By.
C O N TR O L L E D .—Th e Pillow in g is a l e t o f the securities owned by
the Am erican Hull w ay* Co. A pril 30, 1902:
Owned hy
Cost.
Outstanding
A I t . do.
Altoona A Logan V alley ........ ...... $415,350 #415,350 #56a,359
17,270
25,000
B iidgetou E lectric ’ o, .......................
25,000
Bridgeton A M illville (N. J.) Traction
159,364
200,000
Co., stock............ .............................. 200,000
( Pref , 500,000 , £ 00,000
Chicago Union Traction Co., stock---Com., 250,000
49,424
30,9 50
City Pass. Ry. (A ltoon a). | fs t migeY.' ^ r P
200
200
25,000
25.000
Du Page Construction Co., s to ck ... .
25,000
People’s Ry. of Dayton, O., sto ck .___1,100,000 1,099,600 :,321,075
190,203
200,000
Springfield L igh t A P o w er Co., stock. 200,000
500,000
500.000
( l s t M . 6 s . . 500,000
’
79,829
99,771
Springfield, O., Ry. C o... •’ Incom e 5s. 100,000
57.460
953,100
( Stock........1,000 000
t O f this amount the A ltoona A Logan Val. Else, Co. owns $169,150.
The Du Page Construction Co. owns all the stock (#2,300 0001 and
all the bunds (#l,600,o00) o f the Chicago & Joliet E lectric R ailw ay,
aud all the stock ($1,100,000) and all the bonds (#1,000,000) of the
Chicago & Des pi nines V a lle y E lectric Railw ay.
R eport —The annual report o f the Am erican R ailw ays Co, for year
ending June 30, 1901, w ill be found in the Chronic le o f N ov. 9, 1901,
(V. 7 3, p. 1008). F o lio w ie g is a statem ent for the 10 months to A pril
30, 1902:
TREASURER'S REPORT FOR 10 MONTHS ENDINO APRIL 30, 1902
Groes income, a ll sources ........................................................... $339,895
Total deductions from in com e....................................................
36.652
N et Income. ........................................................................... $303,243
Interest on loans, etc....................................................................
74,784
Dividends (3 qu arters)................................................................ 131,289
Surplus.................................................................................... $97,170
Dividends—First div. on Amer. Railw ays Co. stock of 1 p.o paid Dec
15, 1906; in 1901, 4M p. c.; in 1902, March 15 ,1 l4 P- c , June 1 6 ,1 M p. C
C o n t r o l l e d C o m p a n ie s o f the Am erican Railw ays Co. F o r year
ending June 30, 1901, the companies controlled earned combined:
Gross, $844,297; in 1900, $778,042.
R o a d .—Total track controlled o f all properties, June 30, 1901, 162’9
miles.
O ffic er s o f A m erican Railw ays Co.: Pres., Samuel G. De Coursey,
Vice-Pres., W. F. H a rrity; Sec. and Treas., C. L. S. T iu gler; Counsel,
Silas W. Pettit; Gen. Man., H. J. Crow ley. General offices, 905 to 913
Witherspoon B ld g.,1321 W alnut St.. Philadelphia.—V. 71, p. 27, 287,
491, 1 0 1 2 ,1 0 6 5 ,1 2 1 8 ,1 3 1 0 ; V. 72, p. 531, 987, 1033, 1186, 1278; V.
73, p. 31, 183, 615, 662, 1 0 0 8 , 1060, 1158; V. 74, p.8e2, 935.
( 1 ) B R ID G E T O N & M I L L V IL L E T R A C T IO N .—Trolley.
Owned by the A m erican R ailw ays Co.
O r g a n iz a t io n —Chartered in N e w Jersey as successor M ay 3, 1897,
to the South Jersey Traction Co., sold in foreclosure. Company owns
tw o to il roads besides the tro lle y road. Franchise perpetuaL
STOCK & BONDSBate.
Interest. O utstanding.
M aturity.
8tock, $56 0,000 ($50 ).................................
$260,000
.................
1st M., $500,000. gold, 6 1900
5 g. J-J
500,000
Jan. I, 1930
guar. ($1,000 & $500) < In t. at Equitable Trust Co., Philadelphia,
(cannot be called).,*c. (T ru s te e.
B o n d s - F o r form o f guaranty by Am erican R ailw ays Co. see V. 71, p.
491. The bonds w ere listed on the Phila. Stock Exchange in Feb., 1901.
The fo llow in g are deposited as security under the m ortgage:
993 shares o f the stock of the Bridgeton Rapid Tran sit Co.
370
“
”
“
“
Bridgeton & M illville Turnpike Co,
277
“
“
“
“
Bridgeton & Deerfield Turnpike Co.
$250,000 (entire issue) 5 p. 0. gold bonds o f the Bridgeton E lectric Co.
Ro a d -B rid g e to n to M illv ille , 10 miles; Bridgeton to Cedarville,
8M m iles; B ridgeton, local,
m iles; also an extension of 12 miles
from Cedarville to P o rt Norris.
E a r n in g s —Y e a r ending Dec. 31,1901, gross, $66,635; other income,
14,953; total Income, $81,588; net, $32,452; in terest and taxes,
19,410; dividends, $4,000; surplus, $9,042.
OFFICERS—President, Samuel G. DeCoursey; Vice-President, H. J.
Crowley: Secretary and Treasurer, C. L. S. T in gley; Gen, M gr., B. F.
H ir e s .- V . 71, p. 340, 491; V. 72,p. 282.
t
( 2 ) B R ID G E T O N E L E C T R IC CO.
Acquired in 1899 b y the A m erioan R ailw ays Oo.
O r g a n iz a t io n —Chartered in N e w Jersey Feb. 4, 1896. Supplies
ligh t and pow er in B ridgeton, N. J. Stock, $25,000. Bonds w ere $25,000, but in June, 1900 these w ere retired and a new issue o f $250,000
1st mort. 5 p. o. gold bonds, $1,000 each, dated Ju ly 1, 1900, due July
1,1930, interest J. & J. at office o f the company. R eal E state T itle
Ins. & Trust Co . Pliila., Trustee, was authorized and pledged w ith
the trustee o f the m ortgage o f the Bridgeton & M illv ille T n c tio n .
This was done so as to bring the tw o properties (which are p ractically
one) under the one m ortgage.
(3 )
C H IC A G O & D E S P L A IN E S V A L L E Y E L E C T R IC R E
ORGANIZATION—Incorporated in 1901 as a consolidation o f the Chi
cago & Desplaines V a lley Elec. Ry. and the Desplaines V a lle y Elec. Ry.
S to ck s & B onds—
Date. Interest. Outstanding.
M a tu rity .
Stock, $1,100,000....... .......................... ...
.
$1,100,000 .................
1st mortgage, $1,000,000 J
1901 5 M-N
1,000,000 M ay 1 , ’ 31
($1,000) gold............ c* f In t.,a t 111. Tr. A Sav. Bk., Chio., Trustee.
Bonds—The fu ll issue o f the new 1st mtge. bonds has been deposited
as collateral security under the bonds o f the Chicago A J oliet Elec. Ry.
th e Du Pa ge Construction Co. owns the entire capital stock, o f which
$1 000,000 is pledged under the m ortgage o f the Chicago & J o liet
E lectric R y ,’ and also owns the entire $1,000,000 bonds, the whole
amount beiDg pledged. Road in operation from the W ill County line,
where it joins the’ Chicago & J o liet E lectric Ry., to the city line o f
Chicago on A rch er A v e
lo t a l miles owned and operated, 23^. The
through route betw een Chicago and J o liet was opened Sept. 25, 1901.
OFFICERS—President, S. G. DeCoursey; Vice-Pres . H. J. Crowley;
Sec. aud Treas., C. L. S. Tin gley; Gen. M anager, F. E. Fisher.— V. 71,
p. 1310;_V. 73, p 183.
( 4 ) P E O P L E S R A I L W A Y (D A Y T O N ).—A tro lle y road.
A cquired in 1899 by the A m erican R a ilw a ys Co.
O r g a n iz a t io n —Incorporated in Ohio on June ' 8 , 1896. Comprises
231e miles ol track in the city o f D ayton, Ohio. Extensions o f about 7
miles are proposed. The Am erioan R a ilw a ys Co. own $1,099,600 of
the capital stock.
STOCK AND B o n d s —
Date. Interest. Outstanding.
M a tu rity .
nn non 'pxvv.
on nn .
i nn non
» ____
OlUlfi* <ti i vvjvvvj
300,000 Oct.’ I,*’l925
1st m ort., “ W hite L in e,” ' 1895 5 g A - 0
$300,000, g. ($500), red. Int. at Union Savings Bank & Trust Co.,
Cincinnati,-Trustee,
Oct. 1, 1900, at $ 110...,.
taci'? r «• .r-.T
*1 so.000 Jan. 1,1927
........... .
$200,000 ($500), g., red. > In t. at Union Savings Bank & Trust Co.,
a fter Jan. 1, ’02, at 110. )
Cincinnati, Trustee.
8TEEET
OFFICERS—President, John A. McMahon, Dayton; 1st Vice-Presi
dent, II. J. Crow ley, Philadelphia; 2nd V ice President, G eorge B.
Kerper, Dayton; Secy, and Treas., C. L. 8. T in gley, Philadelphia; Asst.
Seoy.. Eugene VVulchet, Dayton; Gen. Mau., II. 8. J o lin so u —V. (52,
p. 1140: V. (59, p. 744.
( 5 ) C H IC A G O & J O L IE T E L E C T R IC R Y .—Trolley.
O rgan ization —Incorporated as a consolidation o f the Chicago A
Joliet Rapid Tran sit Co. and the J o liet RR. Is operated by pow er
purohftseil from the Eoonomy Light & P ow er Co. or Chicago.—V. 73,
p.844. The Du Page Construction Co. owns the entire outstanding
151,600,000 bonds and the entire $2,300,000 capital stock.
S tock & B onos —
D a te . In te r e s t. O u ts ta n d 'g . M a t u r it y .
Stock, $2,300,000 ($100)................................. $2,300,000
.................
Chic. & J o liet Elect. R y . > 1901 5g. M-N 1,600,000 M ay 1.1933
g., $2,000,000($1.000)..e* s Int. at 111. Tr. & 8av. Bk., Ohio., Trustee.
Joliet St. Ry. 1st M. $75,000. 1889
0 M -N
75,000 M ay 2, 1904
Joliet RR., general M., gold, ) 1898 5 g. M -N
325,000 Apr.30,1918
$400,000 ($1,000 ea ch )... 5 Portland (Maine) Trust Co., trustee,
^onds—O f the now $2,000,000 mtge, $-100,000are reserved to retire
underlying liens. $2,200,000 o f the outstanding capital stook o f the
Chicago & Joliet Elec. Ry., $1,000,000 o f the $1,100,000 stook anil
$1,000,000 (entire Issue) bonds o f the Chicago & Desplaines V a lley
Eleotrlc Ry. are deposited under this m ortgage as collateral security.
Entire Issue o f the $2,000,000 gold 5s m ay be called a fter M ay 1,
1902, at 105 and Interest. O f the loan o f 1898, $75,000 w ill be used
to take up bonds due 1904.
R oad —This road Is in fu ll operation from J o liet to the W ill County
line, where It connects with the C h ic a g o * Desplaines V a lley Elect.
Ry. fo r Chicago. Operates in Joliet and to northern lim its o f Lockport, thence to Cook County line; total, 41 miles o f track. Line be
tween J o liet and Chicago was form ally opened Sept. 25, 1901.
O fficers —President, Samuel G. De Coursey; Vioe-Prest., H. J.
C row ley ; Seoy. & Treasurer, C. L. S. T in gley, Gen. Man., F. E. Fisher.
—V. 66, p. 954; V. 67, p. 73; V. 69, p. 794, 905; V. 73, p. 183, 722.
( 6 ) S P R IN G F IE L D (O H IO ) R A IL W A Y .—1
T rolley.
O r g an iz a tio n .— Incorporated in Ohio Oot. 20, 1892; 9,531 shares
o f the capital stook lias been acquired by the Am erican R a il
ways Company, which also owns the entire issue o f 1st mtge. bonds
and $99,771 o f the 2d m tge. bonds.
STOCK & B on d s —
D a te.
In te r e s t. O u ts ta n d in g . M a t u r it y .
Stock (p a r $100)....................................... .
$ 1 ,0 0 0 ,0 0 0
..............
1st mort., $500,000,go ld ..
1893
6 J-J
500.000 Jan. 1,1933
In terest at F irst Nat. Bank, Springfield, O.
2d M., inoome, $150,000.. 1895
5
100,000 M a y l,1905
In terest on firsts was reduced tem porarily in 1897 from 6 to 4 p. o..
but Is now again 6.
R oad —Owns 29*s miles o f track.
E a r n in g s —C alendar year 1898, gross, $94,662; net, $46,646; int.,
$20,000; bal., $26,646. In 1897, gross, $77,280; net, $32,302.
OFFICERS— President, Oscar T. Martin; V ice-President, H. J. Crow
ley; Secretary and Treasurer. C. L. S. Tin gley; Genl. M gr., J o lin H .
M iller.—V. 69, p. 439.
( 7 ) S P R IN G F IE L D (O H IO ) L IG H T & PO W E R CO.
O RG ANIZATIO N .— Incorporated on Oct. 24, 1891. Furnishes ligh t
and p ow er in the C ity o f Springfield. Capital stock $200,000, all
owned by the Am erioan R ailw ays Co. Bonds, $108,000 30-year gold
6 p. c., interest J.&J, dated Jan. 1. 1892, due Jan. 1,1922, subject to
call a fter Jan. 1, 1897, at 106, from the sinking fund in various
periods to 1921.
( 8 ) A L T O O N A & L O G A N V A L L E Y E L E C T R IC R Y .- T r o lle y .
Acquired by A m erican R ailw ays Co. in March, 1901.
O r g a n iz a t io n —I ncorporated Deo. 12, 1892, and A p ril 17,1893, ac
quired by purchase $169,150 o f the capital stock of the City Passenger
Ry. Co. Owns $60,000 o f the $65,000 stock o f th eLak em on t Park Co.;
also $18,000 Logan V a lley Land Co. stook.
The A m erican R ailw ays Co. owns entire $415,350 stock o f the A l
toona & Logan V a lley Elec. Ry. and $30,850 stock o f the C ity Passen
g e r Ry.
STOCK & B onds — M iles. Date. Interest. Outsta’g. Last D iv.. ete.
Stock, $500,000, $50 ................................... $415,350 In 1900-01 6*a
1st M. $500,000 gold > 16*2 1893 5 g. J-J 470,500
July 1, 1923
$500 and $1,000.o . ) Sink. fd. 1 p. c. y e a rly; bds. subj’ ct to call at 105.
In t. at Cassatt & Co., Phila., and 1st Nat. Bk., Altoona
C ity Passenger R y.—
Stock (par $50) $200,000 .............................. See tex t.
1900-01,10%
1st m ortg’ e $50,000,)
7>2 1892
5 J -J
50,000
Jan. 15,1912
$1,000.................r . ) In terest by Treasurer, Altoona.
Capital stook o f Passenger R a ilw a y is $200,000, o f which on June 30,
1901, $169,150 was owned b y A ltoon a & Logan V a lley E lectric Ry.,
and the balance ($30,850) b y the Am erican R ailw ays Co.)
Ronds—Sink. fd. on A ltoona dt L oga n Valley E lectric Ry. Go. 1st M. 5s
commenced Ju ly 1, 1894; not less 1 p. o. par valu e o f outstanding
bonds must be appropriated out o f net earnings to retire bonds at or
below 105 and accrued interest.
Dividends—In 1896 paid 2*a per cent; in 1896-97 paid 2*2 p. o.; in
1897-98,1898-99, 1899-00, none; in 1900-01, 6*s per cent.
R o a d —I n June, 1902, was operating 28 miles o f track (o f w hioh9
miles owned b y C ity Passenger R y.) connecting A ltoona, B ellw ood and
H ollidaysburg. Extension o f 7 miles under construction.
A n n u a l R e p o r t . - F o r years ending June 30, on 19 m iles owned :
1900-01. 1899-00.
1900-01. 1899-00.
Gross earnings $127,263 $103,337 Taxes, etc........... $5,427 $4,090
N e t e a rn in gs..
75,004
55,355 Sinking fu n d...... ) ,
= non
In terest p a id ..
25,000
25,000 Other expenses.. ) 11506
° ’000
Bal. fo r year.sur. 43,071 21,265
The City Passenger R y. fo r year ending June SO, 1901. gross, $95,980; net, $40,267; surplus o ver oharges, $34,709; in 1900 had gross,
$88,982; net, $32,309; surplus o ver charges, $27,529.
OFFICERS—President, Samuel G. D e Coursey; Vice-President, H . J.
Crow ley; Secretary and Treasurer, C. L . S. Tin gley; Gen’l Mgr., S. B.
Crane.—V. 69, p. 590; V. 72, p. 531.
F A IR M O U N T
P A R K T R A N S P O R T A T IO N
O r g a n iz a t io n —A N e w Jersey corporation form ed in 1894.
Charter
perpetu al; license from Pa rk Commission runs until J u ly 24, 1939.
Owns an electric ra ilw a y in Fairmount. Park. From Nov. 30 to M ay 1
operation is optional. Owns W oodside Park. Road opened N o v., 1896.
STOCK & BONDS—
Date.Interest. Outstand’g.
M aturity .
Stock, $2,000,000 ($50 ).................................. $1,857,010
See text.
1st M., gold, $500,000, c a l l )
1897 5g. M-S
500,000
Sept. 1, T 2
105 a fter Sept. 1, 1902, > Girard Trust Co., Phila., Trustee.
($1,000)........................ c* > A s to bonds o f 1897 see V. 65, 620.
2nd mort. $250,000, gold, )
1900 5g. M-S
133,000
S e p t 1 ,’ 12
($1,C00)....................... c* 5 In t. at G irard T rust Co., Phila., Trustee.
Bills payable, N o v. 1 ,1 901.............................
60,000
.................
Roiids—N e w 2d mtge. can be called on and after Sept. 1, 1902, at
105 and accrued interest on 30 days notice.
Dividends—F irst dividend paid Dec. 1 , 1S97, 2 per cent. None since
to February, 1902.
R o ad —T raverses W est P a rk and E ast Park, 8-47 miles of track, and
crosses the Schuylkill R iv e r on a steel bridge. Rails are 90 lbs.
Tw en ty closed and 50 open cars.
65
RAILWAYS.
Earnings —Y e a r ending Oct. 31, 1901, gross, $111,575; net, $61.026;
charges, etc., $-18,950; surplus. $12,076. In 1900, gross, $112,305
net, $68,478; oharges, $52,212; surplus, $16,266.
OFFICERS—Prest., Charles A. Porter; Vice-Preet., Robt. H. Foerderer;
Sec. and Treas., Ellsw orth H. Hulls: Ridge A ve. Bank Building, P h ila
d e lp h ia .-V . 65, p. 620; V. 70, p. 686; V. 71, p. 863.
P H IL A D E L P H IA
&
WEST
CHESTER
T R A C T I O N —A trolley road.
O rganization —Chartered A p ril 24, 1895. This -company, in O c t,
1898, absorbed the D elaw are County Passenger RR. and the Philadel
phia Castle Rock & W e s tch ester Passenger R ailw ay Co.; also pur
chased the m ajority o f the stock o f the Philadelphia & Lancaster
Turnpike Road Co., and line to West Chester was com pleted in
Dec., 1898.—V. 60, p. 837. Stockholders voted Sept. 5, 1899, to in
crease stock from $400,000 to $1,000,000.—V. 69, n. 132. in Jan.,
1901, $100,000 o f the new stook was allotted to the shareholders
at par. In Jan., 1902, stockholders ratified a lease o f the A rdm ore <&
Llanerch St. Ry., a projected line betw een the points named.
STOCK & B o n d s —
D a te . In te re s t.
O u t s t a n d 'g .
M a tu r ity .
8took, par $50 ($1,000,000)............................... $594,795 ...................
1st M., $400,000, gold, sub). ) -iqqq
„ T_T
OOf) nnn Oct. 1 1918
PH ILADELPH IA BRISTOL
PASSENGER R Y -
& TRENTON
c
to c a lla tl0 5 a ft.O c t.l,1 8 9 9 )
5 g. J-J 39i),uuu u c t i , h u b
In terest a t Girard L ife Ins. Ann. * Tr. Co., Phila., trustee.
E arnings —For year ending June 30, 1901, gross, $100,166; net,
$25,b77; interest and taxes, $29,056; deficit, $3,379.
R oad —Operates 20 miles from Philadelphia to W est Chester.
Leases Phil. * W est Chester Turnpike Road Co. for 999 years from
1895. A lso Ardm ore & Llanerch, 3*2 miles, com pleted in May, 1902.
O fficers—President, A. M erritt Taylor, 700 W est End BuildingPh iladelph ia; Secretary and Treasurer, C. Russell Hinohman, offloe>
902 Provid ent B uilding, Philadelphia.— V. 69, p. 132.
O r g a n iz a t io n —Chartered December 30, 1901, as a consolidation o f
the Philadelphia & Bristol Passenger Rv. (purchased at re ceiver’s sale
on Sept. 10, 1901), and the Bristol Passenger Ry. Bonds are to be is
sued. The Nesham iny E levated proposes to build an elevated road
at Croydon 1 m ile long to connect w ith this company’ s line from Bris
tol to Philadelphia.
STOCK & B o n d s —
Date. Interest. Outstand’g. M a tu rity .
Stock (par $50). $250,000........................... .
$250,000
..... ............
R o a d —Owns and operates 8-2 miles o f track from Philadelphia to
Bristol. Rails 60 and 90 1b. girder and 60-lb. T ; gauge 5 ft. 2**
inches; 11 cars, 2 engines and 2 generators 300 k. w. capacity.
OFFICERS—Pres., J. W. E llard, Baltim ore; Sec. <fc Treas. W. F. Sadler
Jr., Trenton, N. J.-V. 69, p. 1013; V. 72, p. 184; V. 73, p. 663; V. 74, p.95.
R A ILW A Y S COMPANY G EN ER ALORQAn iz a t io n .—I ncorporated a t Trenton, N. J., on Au gu st 25,1899
and is em pow ered to build, lease, sell, purchase and operate street
railw ays, electrio light, gas, illum inating plants and w ater works, and
also to acquire or dispose o f the securities o f the same. Stock au
thorized, $1,200,000, shares $10; issued $1,200,000. Is listed on
the Philadelphia Stock Exchange. Stock was origin ally $10,000,000
(par $5) authorized and $1,500,000 outstanding, but was reduced in
Oct., 1901, to $1,200,000 (par $10) by vo te o f the stockholders. V. 73,
p. 338.
The fo llo w in g shows the securities held:
Total Issue.
Oumed.
Am erican Engineering Co. (st’k) com. and pref. $200,000
$200,000
Elm ira & Seneca L ake Ry. (stock)....................
300,000
153 000
300,000
230,000
Elm ira & Seneca Lake 5s.................
Lew isburg M ilton & W atsontow n Pass, (stock)
150,000
150,000
Lew isburg M. & W atsontow n Pass. 5 s .............
150,000
150,000
M ioliigan Traction (stock....................................
500,000
340,100
Michigan Traction 2d m ortgage 6s...................
100,000
100,000
M ilton E lectric L t. & P o w er (stock)..................
27,750
27,750
M ontoursvile E lectrio Lt. (s to c k )......................
10,000
10,000
M ontoursville E lectric St. Ry. 5s......................
75,000
7 5 .'0 0
M ontoursville Pass. Ry. (stook ).........................
75,000
75,000
N ew tow n E lectric St. Ry. (stock)......................
300,000
40.000
N ew tow n E lectrio St. Ry. 5s..............................
300,000
200,000
T o ta l............................................................... $2,487,750 $1,750,850
L a t e s t E a r n in g s —T he oom pany reports the gross earnings o f the
railw ays from Jan. 1 to M ay 31, 1902, $89,691, against $69,090 in
1901; gross earnings lig h t companies same period 1902, $8,861,
against $8,373.
R e p o r t —F or year ending June 30,1901;
Incom e from interest on bonds o f subsidiary companies, $50,626;
salaries, rents, taxes, eto., $10,230; interest, $10,066; balance surplus,
$30,330,
OFFICERS—President, Evans R. Dick; Asst, to Pres., G erald H olsman; Sec. and Treas., John J. Collier; Gen. Supt., D. A . H egarty;
Consulting Engineer, H. A. Foster. Main office: North Am erioan
Bldg., Philadelphia.—V. 71, p. 85. 237, 9 1 1 , 1013; V . 72, p. 137, 392;
V. 73, p. 338, 445, 616, 723, 900, 1011, 1208.
( 1 ) M IC H IG A N T R A C T IO N O F K A L A M A Z O O
*
BATTLE
C R E E K —Trolley.
O r g a n iz a t io n —I ncorporated in M ichigan Dec. 31,1896. A consoli
dation in 1897 o f the Citizens’ Street Ry. o f K alam azoo and the
Citizens’ 8t. Ry. o f B attle Creek. R ailw ays Company General owns
$340,100 o f the capital stock and the entire issue o f 2d m ortgage
bonds. The R a ilw a ys Com pany G eneral Is also building certain con- necting lines or extensions under the charters o f the B a ttle Creek &
M arshall T raction and the Jaokson & A lbion Elec. Ry. In June, 1902,
the first m ortgage bonds w ere listed on the P h ila. Stock Exchange.
Date. Interest. Outstand’g. M aturity.
8took $500,000 ($100)........................................ $500,000 .................
1st m ortgage S. F. $700,000 >
1901 5g. J-J
700,000 Jan. 1.1921
($1,000), g o ld ............... 0* 5 In t. at In vestm ’t Tr. Co., Phila., Trustee.
2d m ortgage, $100,000, g. )
1901 6g.F-A
100,000 Aug.1,1911
($1,000)............................. j In t. at In v e s tm 'tT r. Co., Phila., Trustee.
Bonds—The entire (issue o f $700,000 was offered fo r sale in Feb.,
1901, b y Dick Bros. & Co., F id e lity T itle & Trust Co. o f Pittsbu rg and
T racy * Co. o f Chicago. A sinking fund o f 5% o f gross earnings com
mences in 1902, to he used in buying bonds at not to exceed 110;
otherwise to he invested in other standard securities.—V. 72, p. 391.
R o a d —H as com pleted an interurban line o f 28 miles betw een K a la
mazoo and Battle Creek, which w as opened fo r business Aug. 1,1900,
w ith an extension 014*2 m iles to Gull Lake and Y o rk ville, g iv in g
w ith the city hues in Kalam azoo and B a ttle Creek altogether 49
miles. Rails are of from 49 to 70-lb. T , and 90-lb. grooved girder rail.
L a t e s t E a r n in g s - F or nine months ending M arch 31, 1902, gross.
$124,486; other income, $853; net, $44,687; taxes and interest, $34,827; surplus, $9,860.
R e p o r t —Y ear ending June 30, 1901, gross, $136,306; operating
expenses, $83,171; net earnings, $53,135.
O pfic e r s —P resident, E. R. Dick, Philadelphia ; Sec. and Treas., J. J.
Collier, Philadelphia, P a .—V. 70, p. 1049; V . 71, p. 85, 237; V. 72, p.
137, 391; V 73, p. 445, 1208; V. 74, p. 1196.
STREET
m
R A IL W A Y S .
( 2 ) LKVVIHBUKG M IL T O N A W 4 T S 0 S T 0 W N PAAs 11V .-A
le y l'oadi
Qftu a MZ a t io n .—Chammed Sept 3, 1897. Counittmet-d opt ratioimIn FcU», 1898. R ailw ays Company General owns a ll stock and bonds.
S t o c k and Bunds —
Dale.
Interest. 0 %it*tund'g,
M aturity.
Stuck, $150,060 <$50t... ..........................
$130,000
—
lo t mortgage, f 160,000 J 1893
5 g. J J
130,000 July 1.1928
($ l,0 00j, gold
) I at. at Uutou Trust Co., PniladelpUia,
Ea r m n o s . - f or fiscal y ear ending J uae 30,1901, were: Gross, $23,356; net, $6,6u3; interest aud taxes, $8,655.
R o a d -—O wns and operates 10 miles o£ track from Lew isbu rg via
M ilton to Watso&town, Pa,
( 8 ) A M E R IC A N E N G IN E E R IN G CO,—
O rganization —In c o rp o ra te d under the laws o f New Jersey on N o v.
15,1698. C a p ita l stock ot $200,000, h a lf p r e fe r re d , h a lf com m on.
Leases (from Jan. 1, i - \tHj 1U■Uonvitie Mtutiua A Kalruiount Passen
ger Ry. tor 99a years at 6 p. e. on preferred and 4 p. c. on common
stock see V. 66. p, 236. Tine Lehigh Av.- Hv. Co. i.$609,060 stock*
1 a as aLsO leased fo r 999 \ears from J illy 1, 1899. These companies in
clude all (he leading Street passenger railw ay linen within the c ity
o f Philadelphia Met- terms o f consolidation, etc., in statements tor
the constituent companies and V. 61, p. 152, 197, 283, 603. In 1901
acquired, eontrol, through purchase o f entire capital stock ($7 s ,im>Q,
par $50/, o f Frankford A Fairm oufit tty. Co , and leased same for 999
years from Jan, 1, 1901. This company lias no funded debt On
Jau 1, 1901, also it ->:d fur 999 years the Lin dley Ave. R y., the f ish
er’s L in e Ry. and the G erm antow n & I-aii-mount Park Ry.
In t. o r
OutM aturity nr
STOCK db B o n d s — Date. Dividends,
standing.
last dividend.
Stock, $30,000,000,) ................. .
599,947 snares.
..............
par $50... .......... (
$17-50 paid in.
(4) E L M IR A &S E N E C A L A K E R Y .—A tro lley road.
O r g a n iz a t io n — Incorporated in New Y o r k State on A p ril 29, 1895.
R a ilw a y s C om p an y G en era l ow ns $153,000 o f th e c a p ita l stock and
$230,000 o f the bonds.
S to c k db B onos —
Date.
Interest.
Outstanding.
M aturity.
Stock, $300,000 ($100)................................
$300,000
................
l e t m o rtg a g e , $300,000.... $ 1899
5 g. J-J
300,000
J u ly 1 , ’ 29
l In t. at A m e ric a n T ru st C o , P h il a .. Trus,
g o l d ............ ................
R o a d —O w ns 17 m iles o f road, ru n n in g fr o m H orseh eads to W atk in s
v ia M illp o rt and M o n to u r P a lls , to Seneca L a k e
F u ll lin e co m p le te d
and put lu o p e ra t on on M a y 1 9 ,1 *0 0 . T h e co m p a n y has a tra ffic con
tra c t o v e r s ix m iles o f road, co n n ectin g H orseh eads and E lm ira , w ith
the E lm ira M u n icipal Im p ro v e m e n t C o , n o w th e E lm ira W ater, L ig h t
& R R , Oo. T o ta l, 23 miles.
E a r n in g s — F or fiscal y e a r en d in g June 30, 1911, w ere: G ross, $30 ,778; net, $3,023; o th er in com e,$ 138; in te re s t and ta x e s , $15,598; d e
fic it, $12,437.
OFFICERS—P resid en t, E v a n s R, D ick: V io e -’h-es.. Jno. E M u lfo rd ;
S ecre ta ry , O L H a th a w a y , M on tou r F a lls , N . Y .; T r e a s , Jno. J. C ol
lie r , N o rth A m e ric a n B ld g , P h ila d elp h ia .
(5)
N E W T O W N E L E C T R I C ST. R A I L W A Y . —A t r o lle y road.
O r g a n iz a tio n —C h artered Deo. 17, 1896. I n 1898 lea sed the N e w
to w n L a t g h o r n & B ris to l St. R y , ch artered in 1895. T h e R a ilw a y s
C om p an y G en era l does n o t c o n tro l this ro a d , but in 190 j purchased
$200’ 000 of th e to ta l $300,000 bonds and $40,000 (p a r v a lu e ) o f its
stock.
S t o c k & B onds —
Date.
Interest.
Outstanding.
M aturity.
S to c k ,a u th ,$300,000 ($ 1 0 0 ).........................
300,000
...............
192 3
5g
300, ,000
1 st m o rtg a g e, $300,000 5 1898
In t at R e a l E st. T it le Ins. & T ru s t C o ,
($ 1,000 ), gold.
(P h ila d e lp h ia , T ru stee.
R o ad —O wns and operates 27 m ile s o f track.
Ea r n in g s —F o r y e a r en d in g Ju ne 30, 1901: G ross, $53,713; n et,
$11,543, In terest, ta x e s , e t c , $16,911.
OFFICERS—P r e s id e n t and T r e a s , T. P . Cham bers; S ecreta ry, G eo. C.
W o rs ta ll; Gen. M a n , A . C ham bers; S u p t, J. W . K e e n e r.
( 6 ) M O N T O U R S V IL L E P A S S E N G E R R A I L W A Y —A t r o lle y road.
O r g a n i z a t i o n -— C h artered in P e n n s y lv a n ia June 28, 1897. C om
m enced op era tio n D eo. 16, 1897, and In O ctober, 1899, th e eD tire
c a p ita l stock w as pu rchased b y th e R a ilw a y s C o m p an y G eneral.
C a p ita l stock au th orized and issued, $75,000. Fu n ded debt au th o rized
ana issued, $75,000, 5 p e r cen t 3 0-year g o ld bonds d a ted A n g . 1, 1898,
in te re s t J& J. O p erates 5 ^ m iles o f tra ck , fr o m W illia m s p o rt to Monto u rs v ille , Pa.
E a r n in g s —F o r fiscal y e a r en d in g Ju ne 3 0 ,1 9 0 1 , w e re : G ross, $15,024; n et, $1,593; ta x e s , $644; surplus, $949.
OFFICERS—P r e s t , E va n s R. D ick ; Seo’ y and T r e a s , Jno. J. C o llier,
N o rth A m e ric a n B l d g , P n ila d e lp h ia .
( 7 ) B U F F A L O & D E P E W R Y . —A t r o lle y road.
O r g a n i z a t i o n .— In c o rp o ra te d on A p r. 27, 1897.
S to c k & B onds—
Date.
Interest. Outstand’g.
Maturity.
S tock, $350,000 ($ 100) .....................................
$350,000
...................
1st M tge ., $350,000 . . .
1901
5 J.-J.
350,0 0 j Jan. 1, 1931
R o a d —O p erates a d o u b le-track roa d fr o m B u ffa lo to D ep e w , 1 4 ^
m ile s o f tra ck ; 60-lb. ra il; 5 cars
In A p r il, 19 J2, i t w as re p o r te d th a t
th e roa d w as to b e ex ten d ed .
OFFICERS— P resid en t, E v a n s R D ick; S ecre ta ry , Joh n J. C o llier.
PHILADELPHIA RAPID T R A N S I T . - C o n t r o l l e d
b y th e W id en er-E lk in s syn d icate.
In c o rp o ra te d in P e n n s y lv a n ia on M a y 1, 1902, to ta k e o v e r u nd er
lea se th e U n io n T r a c tio n C o m p an y f r 999 y e a rs fro m J u ly 1, 1902.
and to a cq u ire and h old shares o f o th e r co rp oration s. (F o r term s,of
le a s e see U nion T ra c tio n b e lo w .) T h e R a p id T r a n s it Co. ow n s th e fr a n
chises a cq u ired b y th e M a c k -F o e rd e re r sy n d ic a te in 1901 as fo llo w s :
B ro a d St. R a p id T ran . St. R y. Oo.
M a rk e t St. E le v . Pass. R y . Co.
C e n tra l R a p id T ra n s it St. R y . Co.
N o rth e rn R a p id T ra n s it St. R y . Co.
C h estn u t H ill & G len sid e R a p id P a ssy u n k A v e . E le v . Pass. R y . Co.
T r a n s it St. R y . Co.
R id g e A ve. E lev . Pass. R y . Co.
E a s te rn R a p id T r a n s it St. R y. Co. S ou thern R a p id T r a n s it St. R y . Co.
F r a n k fo r d E le v . Pass. R y . Co.
W e s te rn R a p id T ra n s it Sc. R y . Co.
G erm a n to w n A v e . E l. Pass. R y . Co.
C o n stru ction is to b e g in a t once u pon M a rk e t 8 t , fr o m 63d St. to
D e la w a re A v e , and on D e la w a re A v e , fr o m M a rk e t St. to South F t , as
au tn o rized by th e ch arters o f th e M a rk e t St. E le v . R y . Co. an d th e
F r a n k fo r d E le v . Pass. E y . Co. V . 74 , p. 528, 989.
STOCK db B o n d s —
Date. Interest
Outstand'g.
Maturity.
S tock, $30,000,000
............................|||
^ •..........
OFFICERS—P resid en t, Joh n B. P arson s; Y ie e - P r e s , G e o rg e D. W id e
n s , S e c re ta r y and T re a s , C h arles O. K ru g e r; Asst. Fee. an d A sst.
T r e a s , J o h n B. P ed d le. - V . 74, p. 528, 884 ,1 )8 9 ,1 0 3 9 , 1309.
T ru s t C o.certificates i 1895
4 g, A -O
29,725,864 nsA.aft.O et.1,’ 45
gold, guar. p. A i. 1- In tere st at P a . Co. fo r Ins. on L iv e s & G ra n tin g
bv Union T r ......... S Annuities, trustee.
Coll.rrrist 1st inert., ) 1902
4
$1,500,000
J u lv 1,1952
$1,500,000, gold . ( Land T iile & Trust Co., i hi adelphia, Trustee.
Trust Certificates —Th e trust certificates are not the direct o b li
ga tion s o f th - Union T r a c tio n Co., but w e r e issued b y th e P a .
Oo. f o r In s . on L iv e s a G ra n tin g A n n u itie s to p a y fo r th e shares of
the E le c tric and P eo p le's T r a c tio n com panies purchased and are
secured b y a d ep osit w ith the T ru s t Co. o f a ll the shares o f the stock
o f th e E le c tr ic T r a c tio n C om p an y and the P e o p le ’s T r a c tio n Com
p a n y thus acquired. See d es crip tio n o f c ertifica te s in V, 64, p. 135.
T h ey are gu aran teed, p rin c ip a l and in terest, b y th e U n io n T r a c tio n Co.
and are red eem ab le at th e o p tio n o f th a t Co. on and a fte r O ct. 1, 1945.
Collateral Trust Bonds - T i l e c o lla te ra l tru st bonds w e re issued to
fu n d the flo a tin g debt, and are secured b y the d ep osit o f 5,000 shares
o f the com m on stock o f the H e s to n v rlle M an tu a A F u im o u n t Pass. R R
R oad—On Feb. 1, 1902, o p era ted 340 m ile s o f ro a d , 458 m ile s o f
tra c k and 3,082 cars.
A n n u a l R ep o r t —F is c a l y e a r en ds Ju ne 30. A n n u a l re p o r t fo r
1900-1901 w a s g iv e n in V. 73, p, 613.
1900-01.
1899-00.
1898-99
No. p assengers c a rrie d ....3 0 2 ,2 2 5 .2 8 6
292,237,924
259,527,668
G ross ea rn in g s .....................$13,269,465
$12,996,290
$11,793,858
O p era tin g ex p en ses............
5,836,185
5,624,898
4,793,366
N et e a rn in g s ........................ $7,433,280
O ther incom e, in te rest, etc.
162,215
$7,371,392
253,528
$7,000,492
242.40$
T o ta l n et in c o m e .......... $7,595,495
T a x e s and lic e n s e s ............. $1,029,963
F ix e d ch a rg e s......................
5,704,265
$7,624,920
$1,023,266
5,663,633
$7,242,900
$991,101
5,631,726
8u rp lu s...........................
$861,267
$938,021
$617,073
and G e n e ra l M a n ag er, John B. P a rs o n s ; 1st
V ice-P resid en t, Geo. D W iden er; 2nd V ic e P rest., C h arles O. K ru g e r;
S ecreta ry and T rea su rer, R o b ert B. S elfrid ge; A ssista n t-S ecreta ry and
T rea su rer, Jno. B. P ed d le; C o m p trolle r, A le x . R en n ick.
DIRECTORS (Sept., 1 9 0 D —G eo rg e W . E lk in s, J o lm B. P a rs o n s,W illia m
H . Shehnardine, P. A . B. W id en er, W illia m L . E lkin s, Th om as D o la n ,
G eorge D. W iden er, C ta s . O. K r u g e r. Jerem iah J. -u lliv a n . A lfr e d
Smith, A le x . M. F o x and A le x . B a lfo u r. General Office, E igh th and
D au phin Streets, P h ila .—V . 7i>, p. 4 r t , 1150; V . 71, p. 6 0 0 ,6 4 6 ,1 0 6 3 ;
V. 72, p .5 8 2 ,9 3 7 , 1189; V 73. p. 237, 288, 338, 6 1 3 , 1314; V . 74, p.
152, 269, 328, 428, 479, 528, 831, 989, 1039.
O fficer s —P re s id e n t
L in es C o n tro lle d b r U nion T r a c tio n Co.
( 1 ) C A T H A R IN E & B A IN B R E D G E S TR E E TS R Y —A tro lley road.
O rganization —Incorporated M a y 14,1889, and leased to the Philadelphia T raction M arch 1, 1890, fo r 99 years, and since Oct. 1, 1895.
operated by the Union Traction Company; in Sept., 1895, term of
lease was increased from 99 to 999 years and stock from $150,000 to
$400,000 (all owned b y Union T raction Co.); rental is $24,000 y e a rly,
besides interest and taxes.
S t o c k db B onds — M iles. Date. Interest. Outst’d’g.
Maturity.
stock, par $50........................... .
6% M -S $400,000
See text.
lstM .$150,000($1,000)0 . . . . 1890 5 x A - 0
150,000 Apr. 1,1920
Due lessee July, 1901......................................
234,698
..............
In t ’est at Land, T. & T. Co., trustee, Penn. Co. fo r Insur. on Lives, etc.
Dividends—D ividends of 6 p er cent are paid.
ROAD—The road aggregates 11-36 miles o f track.
( 2 ) C IT IZ E N S P A S S E N G E R R A I L W A Y -
ORGANIZATION—In c o rp o ra te d M a rc h 2 5 ,1 8 5 8 . L ea sed to F r a n k fo r d
4 S ou th w ark Pa ssen ger R a ilw a y C o m p an y A p r il 1, 1892, fo r 999
y e a rs; re n ta l n o w $140,000 p e r annum , eq u a l to 28 p e r cen t on stock,
o r $14 p e r $50 share. T h is lea se w a s assum ed b y th e E le c tr ic T r a c tio n
C om p an y J u ly 1,1 8 9 3 . T h e U nion T r a c tio n n o w op era tes th e road.
STOCK db B o n d s — Miles. Date. Interest. Outstand'g.
Maturity,
S tock $500,000 ($50).
11
....... , 2 8 % Q -J
See te x t.
S ee t e x t.
Stock p a id in $192,500; $20 on 8.500 shares and $16 on 1,500
shares. R oa d . C olu m bia A v e n u e to M ifflin St., 11 m iles o f tra ck .
( 3 ) C O N T IN E N T A L P A S S E N G E R R A I L W A Y - A t r o lle y road.
ORGANIZATION—In c o rp o ra te d Sept. 3 ,1 8 7 3 . L ea sed Jan. 1 ,1 8 8 0 , to
U n ion P a sse n g er R a ilw a y C o m p an y fo r 99 y e a rs a t re n ta l o f $6 p e r
share p e r annum, in te rest, ta x e s and o p e ra tin g expen ses; lea se a ssign ed
to P h ila d elp h ia T r a c tio n C om p an y Ju ne 30,1884. O p era ted b y U n io n
T ra c tio n C om p an y since O cto b er 1 ,1 8 9 5 . Stocks ow n ed , p e r bala n ce
sh eet J u ly 1, 1901, $600,000,
STOCK db B o n d s — Miles. Date. Interest.
Outstand’g.
Maturity.
Stock, p a r $ 5 0 .., ............... . . . . . . . $6 J - J [ l ^ p a i d i n ! }
See te x t.
1st m o rtg a g e, ($500 1 . . . . . . 1879 6 % J - J
$280,000
J u ly 1 ,1 9 0 9
and $1,0 0 0 )....... c. ( In te r e s t a t L a n d , T . & T . Oo., P h ila d e lp h ia , P a .
D u e les s e e d o r a d d itio n s J u ly 1 ,1 9 0 1 , $672,260.
Bonds a re su bject to d ra w in g s o f $20,000 D eo., 1, y e a r ly . T ru s te e
L an d T itle & T ru s t Co. O w n 10-07 m iles o f tra ck .
(4 )
E L E C T R IC T R A C T IO N —
O r g a n i z a t i o n —In c o rp o ra te d M ay 8 , 1893, and a cq u ired c o n tr o l o f
Uisrioisr
T R A C T I O N . - A t r o lle y road.
Lease—T h e U n io n T r a c tio n Co. has b een le a s e d fo r 999 y e a rs fr o m
J u ly 1 ,1 9 0 2 , to th e P h ila d e lp h ia R a p id T ra n s it Co. L e a s e re n ta l (p a y
ab le in g o ld ) is $900,000 p er annum (eq u a l to 3 p e r cen t on th e fa c e
v a lu e o f th e *30,000,000 stock) fo r tn e fir s t tw o years, $1,200,000 p er
annum (eq u a l to 4 p e r cen t on stock) fo r th e n e x t tw o years, $1,500,000 p e r annum (eq u a l to 5 p er cen t on stock) fo r th e n e x t tw o ye a rs
and $1,800,000 p e r annum (eq u a l to 6 p e r cen t on stock) th e re a fte r.
T b e stockh olders o f the U n io n T r a c tio n Co. w e r e g iv e n th e r ig h t to
p u rch ase 150,000 shares o f th e n e w R a p id T r a n s it Co. stock. V . 74,
p. 939.
O r g a n i z a t i o n —C h artered Sept. 1 3 ,1 8 9 5 , an d a cq u ired on o r about
O ct. 1,1895, a ll th e shares o f th e E le c tr ic T rac. an d P e o p le ’s T rac. com
pan ies, in p la c e o f w h ic h w e r e issu ed c o lla te ra l tru s t certifica te s
secured b y th e shares p la ced in tru st. I n 1896 leased th ese p ro p e rties
fo r 998 ye a rs and 3 m onths fro m J u ly 1 ,1 8 9 6 . O n Oct. 1 ,1 8 9 5 , leased
fo r 999 y e a rs th e P h ila d e lp h ia T r a c tio n a t 8 p, e. on its c a p ita l stock
and has “ assu m ed” its 4 p e r o e n t.c o lla te ra l tru s t bonds. V. 61, p 863.
the C itizen s’ P a sse n g er R y .,t h e F r a n k fo r d & S ou th w ark P a s s e n g e r R y .
and th e Second & T h ird S tre e t P a s s e n g e r R y . On J u ly 1 ,1 8 9 6 , leased
fo r 999*years th e C itizen s’ C le a rfie ld & C am b ria St. R y ., th e C itizen s’
E a s t E n d St. R v ., th e B r o w n & P a rr is h St. R y ., and th e C itizen s’ N o rth
E n d St. R y .
In 1895 th e U n io n T r a c tio n C o m p an y a cq u ired a ll th e stock a t th e
r a te o f $85 p e r sh are fo r each sh are on w bich $50 had oeen p a id and
$70 p e r share fo r each share on w h ic h $30 had been paid, th e P e n n s y l
v a n ia Co. fo r In su ra n ce on la v e s & G ra n tin g A n n u l ties issu in g th e re
fo r its g u a ra n teed tru st c ertifica te s. On J u ly 1 .1 8 9 6 , th e U n io n T r a c
tio n Co. lea sed th e p r o p e r ty fo r 998 y e a r s and 3 m onths. See V , 61, p.
197, and also “ U n io n T ra c tio n .”
*
STOCK & BONDS— Par.
Dividends.
Issued.
Outstand’g.
Stock (p a rt $30 pd.) $50
......
$8,297,920
..........
Funded d e b t .....................
7
282,100
282,100
S tock a u th o rized , 175,000 shares o f $50 each; issued, 152,396 shares
o f $50 p a id and $22,604 shares o f $30 paid, m a k in g to ta l $8,297,920.
R oad —On Ju ne 3 0 ,1 9 0 1 , o p era ted 120-92 m iles o f tra ck . R a il 90 lbs.
- V . 63, p. JJ7- '
s'-'
STREET
(5) E M P IR E P A S S E N G E R R A I L W A Y —A tro lle y road.
O r g a n iz a t io n —In corporated Feb. 10,1869.
Leased Deo. 26, 1873.
to Citizens* Passenger R a ilw a y Com pany and the S eventeenth and
N ineteenth S treet Passenger R a ilw a y Com pany fo r 999 years. T ra n s
ferred Oct. 1, 1835, along with a ll rig h t to dividends on 6,100 shares
o f Its stock [then held by the Union Passenger R a ilw a y Co. as trustee
and lessee], by lease o f Philadelphia T ra c tio n to the Union T ra c tio n Co.
STOCK Sc B o n d s —
M iles. Date. Interest. O utst'n'g.
M a tu rity
Stock, par $50................ (A ll own. hy Un. T r.) $600,000
..............
1 at M irnlfl SR200 OOft
« — ••• 19oO 3*4g.
200 ,000, J u ly 1, 1930
lB t M ., g o ia , * - 00 ,000 ... ^ £,an(| T it le & T r ’ stCo.. P h ila d e lp h ia , T ru s te e.
B o n d s —T h e new 3 ^ s w ere Issued to re tire a lik e am ount o f 7s, due
July, 1900.
Due lessee Co. fo r additions J u ly 1, 1901, $705,715.
R o a d —Owns 10*25 m iles o f track.— V. 70, p. 1150.
(6)
FRANKFORD
<S> S O U T H W A R K
PASSE N G E R R A IL W A Y —
O r g a n iz a t io n — In c o rp o ra te d A p r il 4 ,1 8 5 4 . A c q u ir e d s to rk o f L o m
bard v South S treets P a s s e n g e r R a ilw a y in 1890. L e a s e d to th e E le c tr ic
T ra c tio n Co fo r 999 y e a rs fro m J u ly 1, 1893, d iv id e n d s fo r th e s e v e ra l
years n am ed o e lo w b e in g g u a ra n te e d p e r s h a r e :
1st
2d
3d
4th
5th
6th
7th 8th 9th 10th A after.
$12 $12 50 $13 $13 50 $14 $14 50 $15 $16 $17
$18
STOCK & B o n d s —
M iles. Date. Interest. O utstand'g. L a st d iv .t etc.
Stock, par $ 5 0 ..............
45
.......
Q -J
$1,8 7 5 ,0 0 0
See te x t.
Debt o f C onti oiled L in e s (assum ed by E lectric T ra c tio n C o .):
Lom bard A South Sts. )
Pass. 1st M. ($ 5 0 0 A .V 10 1881 3*3 J -D
$ 1 5 0 ,0 0 0 D eo. 1, 1951
$ 1 ,000 ) . .................. o )
W est End P a ss’ g r R y ., \ 9
1875 7 A - 0
132,100 O ct. 1, 1905
M . ($10 0 A $ 5 0 0 ...c l M o r tg a g e tru stee, P h ila . T r u s t S. D . A In s. Co
In te r e s t on a ll lo a n s p a y a b le b y E lec . T r . Co., 421 C h estn u t St., P h ila .
T h e L o m b a rd A South Sts. Pass, issu e o f $150,000 w a s o r ig in a lly 5
p er cent, b u t w a s o a lle d a t m a tu rity an d then e x te n d e d fo r 50 y e a rs
from Deo. 1, 1901, a t 3*2 p e r cen t.
ROAD—C o n tro ls 45 m ile s o f tra c k , a c q u ire d as f o l l o w s :
F ra n k ford A Southwark Passsenger R a ilw a y ........................... 20 miles.
Lom bard A South Streets Passenger R a ilw a y ...........................19 miles
L eh igh A ven u e R a ilw a y ............................................................... 6 miles.
( ? ) G E R M A N T O W N P A S S E N G E R R A I L W A Y . —A tro lle y road.
O r g a n iz a t io n —In corporated A p ril 21, 1858. L eased Oct. 1, 1881.
to the P eo p le’s Passenger R a ilw a y Com pany fo r 999 years, but ren tal
m odified in 1893; stock since 1897 receives divid en d s y e a r ly o f $5 25
p e r share.
STOCK & B o n d s —
P a r.
Date. In t'st. Outsand'g.
M a tu rity ,
Stock $1,500,000($50) $50
Q-J
See tex t.
See text.
i
500
1864 5 J -D $67,500
June 1. 1904
F a irm ’ n t Pk. A D el. I In te re s t is subject to deduction o f State ta x and
R iv e rP a s s .R y .M .r) is payable at G uarantee T ru st & S ale D eposit
[ Co. o f Philadelph ia, Trustee.
Stock—P a id in $572,860; $15 per share on 20,000 shares and $35
per share on 10,000 shares.
R o ad —Ow ns 31 m iles o f track. E x ten sion o f 2,000 fe e t from H illcrest A ven u e to c ity lin e com pleted in Septem ber, 1898, form s, with
the R o xb orou gh Chestnut H ill A N o rristo w n Passen ger R y. a through
lin e to N o rristo w n .—V . 69, p. 695.
( 8 ) G R E E N E A CO ATES STREE TS P H IL A . PA S S E N G E R R Y .O r g a n iz a t io n —In co rp o ra ted A p ril 21, 1858. Leased to P e o p le ’ s
Passenger R ail w a v fo r 999 years from Sept. 1, 1881, a t an annual
ren ta l o f $60,000, in te rest on bonds, and expen se o f m anagem ent.
STOCK & B o n d s — M iles. Date. In terest. Outstand'g.
M a tu rity .
Stook, par $ 5 0 . . . ........................... $6 Q J
\ $15 p d ^ ' \ See tex t.
D ividen ds are 12 p. c. p e r annum (Q .- J .) on p a r or 40 p er cen t on
am ount paid in. Ow ns 7 m iles o f road.
( 9 ) H E S T O N V IL L E M A N T U A & F A IR M O U N T
PA S S. R Y . O r g a n iz a t io n —In co rp o ra ted A p r il 6, 1859. F ran ch ise is perpetualL e a s e —H e s to n v ille M. A F. road leased fro m Oct. 1, 1898, to U nion
T ra c tio n fo r 999 years at a ren ta l o f 6 p er cen t on the p referred and 4
p e r cen t on the comm on stock. B y the term s o f the lease the Fairm ount Pa rk A H addin gton lease is assigned to th e U nion T ractio n
w hich assumes the divid en d s gu aran teed on th a t stock (a ll ow ned by
H esto n v ille Co). Th e Union T ra ctio n assumes the bonded deb t o f
both the H e sto n v ille and H a d d in gton com panies and purchased 4,780
shares o f the p referred and 35,294 o f the com m on H e s to n v ille stock,
the comm on at $45 p er $50 share.— V. 66, p. 236. “ L o a n s” June 30,
1901, $1,250,000.
STOCK & BONDS—
Date. Interest. Outstanding.
M a tu rity .
Comm on stock, par $50.............. 4 J -J
$1,966,100 f. p.
See text..
P referred stock, p a r $5 0 ........... 6 J - J
533,900 f.p .
See text.
H ea t M an A F 2d M cx ^ 1882 3*2 M - S
75,000
M ar. 1, 1902
H eat. Man. <fc F . 2d M .c x £ In tere8t at G u aran tee Tru st Co., P liila .
Consol. M., $1,250,000 S1891 5g M -N
*1,175.000
M a y 1, 1924
g., $500 & $1,000.o*x ? Trustee, G irard T ru st Co.
(Guaranteed ren ta l 999 year lease—
F a ir m o u n tP k .A H a d ’g t ’n s
~ ™ .
300,000
See te x t.
-Pas9. Ry. St’
— k, par $50.
- ) } ----bgJb-A
Interest’ is p ayable in Ph iladelph ia, x F re e o f ta x.
* O f the $1,175,000 outstanding, $124,500 w ere issued Jan., 1901,
as 3 ^ p er cents to ta k e up bonds o f lik e am ount o f the F a irm o n t Pass.
R y. due at that time.
T h e H esto n v ille M antua A F a in n o u n t Pass Ry. 2d m o rtg a g e 6 per
cen t bonds due M arch 1, 1902. w ere re-issued upon m atu rity at 3 ^ p. c.
Comm on stock authorized, 39,322 shares ; p referred , 10,678 shares ;
par va lu e o f each, $50 ; stock outstanding as in table.
Consolidated m o rtgage fo r $1,250,000 w as execu ted in 1894, o f which
sufficient reserved fo r p rior liens w hen due. and rem ainder, as also p re
fe rre d stock, sold to m eet expen se o f electrica l equipm ent.
ROAD—June 30, 1901, roa d ow n ed 17*83 m iles o f tra ck in P h ila
delphia; leased and operated 6*25 m iles; tota l, 24*08 m iles.— V. 71, p
1167.
( 9 ^ ) L O M B A R D ,fe S O U T H S T R E E T P A S S E N G E R R A I L W A Y . See F ra n k ford A Southw ark P assen ger R a ilw a y
(1 0 )
P E O P L E ’S P A S S E N G E R R A I L W A Y .—A n e le c tric road.
O R G A N IZA T'O N - C hartered A p r il 15, 1873. T h e P e o p le ’ s Trac. Co.
on A p r il 15, 1893, acqu ired the en tire ca p ita l stock o f this road. Th e
T ra c tio n Co. theu leased th e P e o p le ’s Passenger R y. B y a trip a rtite
a greem en t this lease w as on J u ly 1,1896, assigned to the U nion Trac.
Co. fo r 99S years and th ree months. R en ta l is 10 p e r cen t per annum
on capital stock ($2 50 per share) as b elow shown, n ea rly a ll o f whioh
Is pled ged fo r P e o p le ’s T ra c tio n Co. tru st certificates.
STOCK & B o n d s .— Date. Interest.
Outstand'g.
M a tu rity .
Common stock $ 2 5 ............... 10% M -S31 a60,000shs.
See tex t.
P re fe rre d stock $2 5 ..............10%M* S 31 a23,000 shs.
See tex t.
1st m o r t g a g e ............ o 1875 7 J .-J .1 5
250,000
Jan. 15,1905
2d m o rtg a g e ............. o 1881 5 J.-J.15
458,000 J u ly 15, 1911
Con. M. $1,125,000... ^ 1882 5 M.-S.
367,000 Mar. 1,1912
_____ $1,000
o&r s Tru stee G uarantee T ru st A Safe D eposit Co.
a T o ta l stock paid in $924,056.
A ll interest at the office o f the R e a l E sta te T itle A Tr. Co. Due P e o p le ’s
T ractio n Co. J u ly 1,1901, fo r construction and equipm ent, $5,538,595.
RAILWAYS.
67
Th e stock acquired by the P eo p le’ s T ra ctio n Co. was p led ged as
aeouxity fo r trust certificates. See P eo p le’ s T ractio n .
R o a d —Com pany operates 83*66 m iles o f track, o f whloh 6*4 m iles
owned and 77*26 miles leased and operated.— V. 61, p.469 ; V .G 3,p.jy7 .
( 1 1 ) P E O P L E ’S T R A C T IO N —A u electrlo road.
ORGANIZATION—A P en n sylva n ia corporation chartered in M arch,
1893, to o p era te and equip w ith tro lley the P eo p le’ s Passenger R y.,
the en tire capital stock o f which It nurchased on or about A p r. 15,1893.
In Oet., 189r>. the Uni n T raction Co. acquired all 'Fraction stock at $76
per share, the Pa. Co. fo r Ins. on Lives A G ra n tin g A nn u ities issuing
th erefo r its guaranteed tru *t cerntlcates. On Ju ly-1, 1896, the Union
T raction Co. leased the road fo r 998 years and three months.
STOCKt E t c .—
Date. D ividends.
Issued.
M a tu rity .
C apital stock $ 3 0 )
ta vt
f 200,000 shs. >
........ S
lext#
X F u ll paid. < .......................
(See tex t.)
S
Tru st certs., gold, 1
1893 4 g. F.-A.
$5,810,000
Feb. 1, 1943
1893,not Bubje’t > ln lcre s t, ta x free, p a ya b le at Penn. Co. fo r Insurto ca ll, $1,000 )
ances on L ives, etc , trustee.
T ru st certificates w ere issued b y Pa. Co. fo r Ins., etc., and a re se
cured by pledge o f P eo p le’s Passenger Ry. stock (see that com pan y
above), and by con tract o f P eo p le's T ra c tio n Co., which guarantees
principal and Interest. Issue lim ited to $1,000 fo r 1
shares dep os
ited, m aking to ta l authorized $5,810,000.
S inking fund $25,000
y e a rly, b egin n in g Feb. 1, 1903.
T o distribute surplus from past operations, In Au gu st, 1896, was d e
clared a d ivid en d o f 4 ^ p er cen t p er annum.
( 1 2 ) P H I L A D E L P H I A C I T Y P A S S E N G E R R Y .—A tro lle y road.
ORGANIZATION— In corporated A p ril 9, 1859. Leased to W est P h ila
delphia Passenger R a ilw a y Com pany fo r 900 years from Jan. 1, 1884,
fo r in terest on bonds, $2,500 per yea r fo r organ ization and d ivid en d o f
$7 50 per share. T ran sferred under lease o f P h ila d elp h ia T ra c tio n Co.
Oct. 1, 1895, to the U nion T ractio n Co.
STOCK <5b B o n d s — P a r . Date. Interest
Outstand'g.
M a tu rity .
Stock, $1,000,000.
$50 ....... J_J
{ $23°75 palci | See tex t.
ls tm o rt., e x t’ d..o.
500 1861 5% J - J
$200,000 ’ Jan. 1, 1910
D ebentu res........r. 500, A o............ 5% M -S
100,000 M ar. 1, 1925
R o a d —Owns 11*7 m iles o f track.
(1 3 )
P H I L A D E L P H I A A D A R B Y R A I L W A Y —A tro lle y road.
O r g a n iz a t io n —In corp ora ted A p r il 28, 1857. Leased to the P h ila d el
phia C ity Passenger R a ilw a y Com pany fo r 999 years from Jan. 1,1870.
fo r $8,000 per annum and in terest on bonds. Tran sferred under lease
o f Ph iladelph ia T ra c tio n Co. Oct. 1, 1895, to U nion T ractio n Co.
STOCK Sc B o n d s —
M iles. Date. Interest. Outstand'g. M a tu rity .
8tock, par $50...................................... 4 J-J
$200,000
See text.
i nt Timrtcr*} <ta
^ ..................... * M -N _1 00 ,000 M a y 1 ,1 9 2 7
le t m o rtg a g e .............o j i nt ere8t; at Land, T. A T. Co., Ph iladelph ia, Pa
R o a d —O wns 14*80 m iles track.
(1 4 )
P H I L A D E L P H I A & G R A Y ’ S F E R R Y PA S S. R Y .—T ro lley .
Leased to Ph iladelph ia
T ractio n Co. ror 999 years, from Jan. 1, 1891, at ren ta l 1st live years,
$43,225, or $3 50 per share per annum, and $49,400, or $4 per share
per annum th erea fter, the lessee to p a y a ll taxes, ru nning expenses
eto. O perated by Union T raction Com pany since O ctober 1, 1895.
STOCK & BONDS— MJs. Date. In t.
O ulstand'g. L a s t D iv ., etc*
O r g a n iz a t io n — In corp ora ted A p ril 9 , 1858.
Stock, p a r $ 5 0 ....................... .
$4 J-J { ^ $ 2 5 ^ ' . £
See t e x t D ivid end s at R ea l E state T itle In s A Tr. Co. Owns 10 m iles o f tra ck
(1 5 )
P H I L A D E L P H I A T R A C T IO N —A tr o lle y road.
O r g a n iz a t io n — In corporated A u gu st 22, 1883, and secured oontrol
o f an e x ten s ive system o f roads in P h iladelph ia, Pa. (about 210 m iles
o f tra ck ), w hich it h eld eith er b y lease or ow n ership o f securities,
not in fee.
UDder the lease to the U nion T ra c tio n Com pany dated
O ctober 1, 1895, a ll the leases and the securities ow n ed w ere assigned
to the U nion C om pany, w hich assumes a ll lia b ilities fo r rentals, etc.
C o n s o l id a t i o n —Th e lease to Union T ractio n Co. is fo r 999 years from
Oct., 1895. Th e lease p rovid es fo r dividends o f $-1 (8 p. c.) per annum
on each $50 share, p a ya b le in gold coin, free o f taxes. Th e c o lla te ra l
tru st 4s are “ assu m ed” b y the U nion Traction . See V. 61, p. 663, fo r
ex tra cts from lease. Ph ila d elp h ia Tractio n stockholders w ere a llow ed
to subscribe fo r n ew U nion T ra ctio n stock. See V. 61, p. 197.
STOCK Sc B o n d s —
Date.
Interest.
Outstanding.
M a tu rity .
Stk. ($50) $20,000,000
....
8 A .-O .
$20,000,000
8ee tex t.
Col. tru st gold bonds ) 1887
4 g. F .- A .15
803,000 A u g.15,1917
Sub.to ca ll at 105c* > In terest, free o f ta x, p ayable at L a n d T .A T .C o .
Tru stee, Penn. Co. fo r Insurance on Lives.
Open accts. J u ly 1 ,1 9 0 1 .......
........
$3,990,513
..................
T h e bonds are secured by dep osit o f 5,900 shares o f W. P h ila d elp h ia
and 2,000 shares U nion Passenger Ry. stock. Loan, o rigin a lly $1,300,000, reduced to presen t tigures by sinkir g fund d raw in gs at 105 (about
$35,000 a year). These bonds and flo a tin g d eb t are “ assumed” b y the
Union T raction Co. under the lease.
D iv id e n d s — ? 1885, ’ 86, ’ 87, ’ 88, ’ 89, ’90 to ’ 93, ’94, 95’ ’ 96, and since,
P e r cen t
s
2
3
6
5
4
6
8 (I)
8 p. c. p er an.
U n d er lease divid en d s o f 8 p. c. a re guaranteed. V . 61, p. 663; V . 73,
p. 288.
R o a d —T he system n ow assigned to the U nion T ra o tion Co. a gg re
gated 210 m iles, consisting o f the fo llo w in g “ Passenger R a ilw a y s :’ ’
M ile s .
M iles.
Union Passenger R y ............... 52*0’ • Ph ila. C ity Pass. R y .............
9*45
W est Ph ila. Pass. R y ..............27*25 17th A 19th S treets.............
8*84
R idge A v e . Pass. R y ............. 15*25 22d A A lle g h e n y ..................
8*25
Phila. A D a rb y Pass. R y ....... 14*80 M orris A T a s k e r...................
7*30
13th A 15th S tr e e ts ............... 13*10 Catharine a B ain brid ge sts.
5*10
Phila. A G ra y ’s F e r r y ............ 10*20 O ther lin e s .........................
18*86
Continental Pass. R y ............. 9*80
T o ta l o f a ll..........................210*00
Em pire Pass. R y ................... 9*80
- V . 63, p. 311, s jr , V . 65, p. 5 1 4 ; V. 70, p. 280; Y . 71, p. 238.
( 1 6 ) R ID G E A V E N U E C O N N E C T IN G P A S S E N G E R R A IL W A Y .
O r g a n iz a t io n —Consolidation o f G irard C ollege Passenger R a ilw a y
and the R id ge A ven u e a M anayu nk Passenger R a ilw a y on M arch 8,
1872. Leased to the Ph iladelph ia T ra ctio n Co. fo r 999 years from
Sept 1,1892, fo r divid en d o f $10 per share p er annum to Septem ber,
1895, and $12 p er share th erea fter. O perated b y U nion Traction
Com pany since O ctober 1,1895.
Outstand'g. L a s t d iv .tetc.
S t o c k & B o n d s — M iles. Date. Interest.
$600,000 >
Stock, $750,000 \
$50 paid > See tex t,
$12 Q-J
P a r $50.
per share. )
>
On account o f some o ld debts divid en d s fo r 1896 w ere continued
at $10 per share instead o f the $12 as noted above. In 1897 dividends
w ere in creased to $12 p er share. Owns 15*25 m iles o f track.
( 1 ? ) SEC O N D & T H I R D S T R E E T P A S S E N G E R R A I L W A Y —
O r g a n i z a t i o n - In co rp o ra ted A p r il 10, 1858.
Leased Oct. 1, 1893
to the F ra n k fo r j A Southw ark Passenger R a ilw a y Com pany fo r 999
years fo r the fo llo w in g gu aran teed dividends per share per annum :
1893.
1894-95.
1896-97.
1898-99.
1900.
1901.
1902 A a ft.
$8 50
$9
See b elow .
$10
$10 50
$11
$12
D ividends in 1896 and 1897 w ere to be $9 50 p er annum, bu t the
divid en d fo r 1896 and fo r the first h a lf o f 1897 w as at the rate o f $9
(cS
STREET
RA ILWAYS,
(tu I'ftd tT a T ru st a g r e e m e n t betw een the U n ited P o w e r as T r a n s
p o rta tion Com pany and the N «.v Y o r * S ecu rity A T ru s t Com pany,
tru stee, dated Mu.} 1, 1899 iu nder w hich $7,788,797 U nited R a il
w ays G old T i ust C e rtifica tes h ave been issued by the said trust com
pany ao tru stee), the T u tted P ow er A T ra n s p o rta tio n C o m p an y has
deposited w ith « -id trust com pan y 19,953 shares T ren to n Street
R a ilw a y Com pany, 39,993 shares W ilm in g to n v C hester Traotion
18
S E V E N T E E N T H A N IN E T E E N T H Clh. PA S S E N G E R R Y ,— C om pan y, 14,992 shares H o lm eeb u rg T u oon y A F ra n k fo rd E le c tric
a ilw a y Co., 7,991 share-, the L’ n it e i T i action C om p an y o f R ead in g,
O r g anizatio n —Incorporated A p ril 12,1859. Leaned to the Conti R
Pa., 4,962 shares the W ilm in gton C ity E le c tric C om p an y and 49,538
nental Passenger R a ilw a y Co. for 09 years rrota July 1, 1879, at rental shares the W ilk e- Barn-, a W yo m in g V a lley T ra c tio n Company.
of f1 5 ,0 «o per auttum, being 3 per cent on 10,000 shares lor 4*50 par) U n d er the a b o ve agreem en t, an a d d itio n a l am ount o f $5(5,203 o t eertin stock, interest on bonds, taxes, expenses, etc. Transferred under lease cates w ill be issued upon d ep osit w ith the tru stee of the remaining
of Philadelphia Traction Co., October 1, 1395, to the Union Traction j shares o f the c a p ita l sto ck o f the above com panies.
Company; all rights of the Philadelphia Traction Co. to dividends on
(6) Under a T ru s t A g re e m e n t betw een the United P o w er A Trans
the 10,000 shares of the 17th & 10th Streets road, which were then portation Company and the Real Estate T itle Insurance A Trust
pur g h a t* i»«Te,i.! o f $9 SO, the balance b®l®g a p p lied to the p a y m e n t
o f tho deb t o f r W . O w Incurred fo r pav m g ,—V, 82, p. 785.
This l«:.a..-o wa.-i
by Kir. Uie Traction Co, July 1, ln93.
Last div , etc.
Interest.
Outstand'g.
S t o c k & B onos — Pdt*Stock issued, £1,204 i
See text.
T e x t QrJ $771,070 pd. In.
shares; parigS O ... j ******
(
)
held by the U nion Passenger B ailw ay Co. as trustee and lessee, being
also transferred to the U nion Company. Stock all owned by Union
■fraction Co.
STOCK dt B on d s — M is, Date.
In t.
Outstand’g.
M a tu rity .
Company o f Philadelphia, dated M ay 1, 1899 (under which $998,
833 34 United Railw ays Gold Trust Certificates have been issued),
the U nited P o w er A Transportation Company has deposited w ith the
said trust company, as trustee, 5,993 shares Delaware County A
Philadelphia E lectric R ailw ay Co. Under the above agreement an ad
Stock, par $50........................... 3% J-J f ^ S ^ a i i L - } 8 e e te x t ditional amount o f $1,166 66 o f certificates w ill be issued upon de
1st M. ($500)...o )
....
1878 5% J-J
$100,000
Ju ly 1,1919 | posit w ith the trustee o f the rem aining shares o f the capital stock o f
E xtended........$ In terest at Land, T. & T. Co., Philadelphia, Pa.
the D elaw are County A Philadelphia E lectric R a ilw a y Company.
Due lessee fo r additions J uly 1,1901, $554,289.
The principal o f both series (which are in $100, $500 and $1,000
pieces) is due at option o f holder on July 1, 1949, and thereafter on
R oad —Owns 8-84 miles o f track.
any Jan. 1 or July 1, at the option o f the U nited P o w er and Transpor
(1 9 )
T H IR T E E N T H & F IF T E E N T H STS. PASS. B Y .—A tro lley road. tation Co. F o r both series, also, the semi-annual Interest (J. A J.) and
O r g an iza tio n —incorporated A p ril 8, 1859. Leased Jan. 1,1892, to the principal are jrayable in gold coin, free o f tax, at the office ot the
Philadelphia Traction Company fo r fo llo w in g ren tal: Prom January, Real Estate T itle Insurance A Trust Co. o f Philadelphia, trustee.
1892, to January, 1894, $9 per share per annu m ; 1894 to Jan,, 1897, | D ividends —On Jan. 20, 1900. a dividend o f 50c. per share was paid;
10 per share; 1897 to Jan., 1900, $ i l per share,and from Jan., 1900, also same amount July 16, 1900; in 1901, Jan. 21, $1; July 10, $1; In
12 per share. Lease transferred to Union Traction October 1, 1895. 1902, Jau. 20, $1; July 10, $1.
M aturity.
REPORT—For years ending Deo. 31;
S t o c k & B o n d s — Miles. Date. Interest. Outstand'g.
$334,529 >
C a le n d a r
F rom
in te re s t
Taxes,
D ivid e n d
Balance,
Stock, par $50, $1-,)
........ $12 J^J | paid in. } See text.
year
In v e s tm e n ts .
on 4s
etc.
p a id .
surplus.
000,000................... ] ............
$
100,000
Oot.
1,
1903
1876
7%
A
-O
1st M. ($500)........o ........
1901............. $632,475
$359,502
$5,517
$250,000
$17,456
Consols ($500,000). )
...5 9 4 ,6 2 5
359,484
11,644
207,500
15.997
Jan. 1, 1934 1900
$400,000
1894 5% J-J
guar. p. A i ...... o. } ........
OFFICERS.— President, John A. R ig g ; Vioe-Presta., R. N. Carson,
90,000
R eal estate in tges..............
H. C. Moore; See. and Treas., Wm. S. Bell. Asst. 8eo. and Treas., R em l
D ividend in July, 1895, $5 ner share; the January, 1896, dividend Rem ont; A ss’t to Pres’ t and Gen. Mgr., Frank L. F u ller; Counsel, R.
was not paid, o w in g to paym ent o f c ity ’s claim for paving. V. 61, p. L. Jones. General offices, B u llitt Building, Philadelphia.—V. 70, p. 77,
1155. In July, 1896, paid $4 per share; in 1897, $10 50 per share; in 2 7 7 , 281,431, 481, 634, 1293; V. 71, p. 699, 1124, 1312; V. 72, p. 284;
1898, $11 per share; in 1899, $11 per share; in 1900, $11 50 per share; V. 73, p. 186, 237, 288, 1113; V. 74, p. 328, 377, 682.
in 1901, $12 p er share.
( 1 ) D E L A W A R E C O U N T Y A P H I L A D E L P H I A E L E C T R IC R Y .—
Interest and dividends are p ayable at office o f the F id elity Insurance
Trust & Safe Deposit Co., the trustee o f both mortgages.
A tro lley road.
The consols are guaranteed principal and interest by the Philadel
ORGANIZATION—Incorporated M ay 11, 1892. Completed from
phia Traction Company, and the coupons are payable tax free.
Media, Pa., to Baltim ore A venu e, Philadelphia, In January, 1895;
R oad —Owns 15 m iles o f track. Extension to League Island operated connects with the Chestnut & Walnut Street cars o f the Union Traction
from March 13, 1898. See U nion T ractio n report in V. 67, p. 734.— 1 system. In M ay the U nited P o w er A Transportation Company a c
quired the road, paying $150 per share for the stock In its 4 per cent
( 2 0 ) U N IO N P A S S E N G E R R A I L W A Y —A cable and horse road.
trust certificates secured by a deposit o f the stock.
O rg aniz atio n —Incorporated A p ril 8,1864. Leased to Philadelphia
Outstanding.
M aturity.
Date.
Interest.
S t o c k & Bo n d s —
Traction Company fo r 999 years from June 30, 1884, at an annual Stock,
$30o,vOO
See text,
$500,000 auth.
rental o f $285,000, or $9 50 per share on stock, and interest, taxes, eto >
5
1893
6 J-J
64,000 Ju ly 1, 1918
There are outstanding 30,000 shares ($1,500,000) o f stock, on which 1st m ortgage......
f In terest at G irard Nat. Bank, Phila.
$30 8313 has been paid in on each share, or a total o f $925,000. Stock
D ividends —Paid in dividends: In 1899-1900, .$J6,000; in 1900-01,
is considered fu ll paid. Its lease o f the Continental Pass Ry. was $27,000.
assigned to the Philadelphia Traotion Co. and since Oot. 1, 1895, oper
ROAD—In 1902 owned 12 miles of track. R ails 80-lb. T and girder.
ated by the Union T raction Co. The Union Passenger R a ilw a y Co. is
still holding, as lessee and trustee, 6,100 shares Em pire Passenger Ry.
EARNINGS—F or year ending June 30, 1901, gross, $77,913; net,
stock and 10,000 shares o f 17th & 19th Streets Passenger R ailw ay.
$31,510; interest, taxes, etc., $7,523; dividends, $27,000; balanoe,
deficit, $3,013.
S t o c k & b o n d s — Miles. Date. Interest. Outstanding. M aturity.
O fficers —President, John A . R igg; Vice-President, H. C. Moore;
St$lk
50o{ooro._.0):! ...................S *!l5
J° } S e e te x tSee text.
Secretary and Treasurer, M. C. Aulenbach.
1st m ortgage ($ 1 0 0 ) ........ 1881 5 x A - O
$500,000
Mar.31,1911
( 2 ) H O LM E S B U R G T A C O X Y A F R A N K F O R D E L E C T R IC R Y . and $500)......... o. }
N o t now redeem able before m atu rity.
Trustee, Penn. Co. fo r Insurances on Lives.
A trolley road.
A cquired in 1899 by U nited P o w er A Transportation Co. Paid $35
2d m ortgage ($100) ........ 1884 5 x A - O
250,000
Mar.31,1910
and $500)......... o. 5 In t. on both loans at Land, T. A T . Co., Phila., Pa. In 4 p. o. trust certificates fo r eaoh $50 share o f the Holm esburg Co.
O rganiz ation —Incorporated Sept. 29,1890. Opened Oct. 6,1895.
Due lessee com pany for additions July 1,1901, $6,656,506.
(* The 1st m tge. 5s o f 1911 w ere fo rm erly subject to call $20,000 y e a r
STOCK & B o n d s —
Date.
Interest.
Outstand'g. M aturity.
ly, but bonds now bear the fo llo w in g endorsem ent: “ B y a resolution of Stock (par $50) $800,000 ...........................
$750,000 ..................
the Board o f Directors, passed October 21, 1884, this bond is not sub 1st mort., $400,000. gold. ( 1895
5g. M -N
400,000 M ay, 1925
ject t o redem ption b efore m aturity.—J. B. Peddle, Sec.”
$1,000 and $500...... c* t Trustee. W est Phila. T itle & Trust Co.
Interest is paid at R. L. T itle Ins. A Tr. Co., Philadelphia.
R oad — Owns 56 m iles o f track.
R oad —T otal track owned, 16-18 miles; traok leased, l - l l miles.
( 2 1 ) W EST P H I L A D E L P H IA P A S S E N G E R R Y .—Cable and horse.
Earnings —F o r ye a r ending June 30, 1901, gross, $112,139; net,
O rganiz ation —Incorporated M ay 14,1857. Leased Jan. 1,1884, to
the Philadelphia Traction Co. fo r 999 years, at an annual rental of $45,726; Int., taxes, rentals, etc., $29,637; dividends, $17,250; bal
$150,000. or 20 per cent on stock, and interest, taxes, etc.; transferred ance, deficit, $1,161.
OFFICERS.— President, John A . R ig g ; Vioe-President, H . C. Moore;
Oct. 1,1895, to U nion Traction Co.
Secretary and Treasurer, M. C. Aulenbach.
" 'S t o c k & B onds — M iles. Date. Interest. Outstand'g.
M a tu rity .
Stock, par $50................................ $10 J-J
$750,000
See text.
( 3 ) L E B A N O N V A L L E Y S T R E E T R A IL W A Y .—A tro lle y road.
1st mort. ($1,000), < ........ 1876
6 A -O
246,000 A p ril 1, 1906
O rg aniz atio n .—In corporated on June 28, 1899, as a consolidation
go ld ..................... o f Mort. trustee, G irard Trust Co., Philadelphia.
o f the Lebanon & A n n sville 8treet R a ilw a y and the,Lebanon A Myers5 M -N
750,000
M ay 1, 1926 tow
2d m ort
OOfb a ^ ------ 1886
n Street R ailw ay. The United P o w er A Transportation Co.j owns
ittaa fr im t V V ” 0i M ortgage trustee, Pennsylvania Co. fo r the Ins
ce
m tax.
^ on j j ve8 & Gr. o f Annuities, Philadelphia, Pa. 9,991 shares out o f the 10,000 shares o f the capital stock.
STOCK & B onds —
Dale. Interest. Outstand’g.
M a tu rity.
In terest on both loans payable at Land, T. A T. Co., Philadelphia, Pa.
Stock, $500,000 (per $ 5 0 )............................ ..
Due lessee fo r additions to Ju ly, 1901, $2,509,700.
$500,000
..............
1st mort. 10-308, g o ld ......
1899
5 g.
500,000 Ju ly 1,1929
R oad —Owns 27-25 miles o f traok.
R oad —Owns 24 miles o f traok. Extension building.
L a t e s t Earnings —F o r fiscal year ending June 30,1901, gross, $63,U N I T E D P O W E R & T R A N S P O R T A T IO N 025; net, $35,676; interest, taxes, etc., $29,858; dividends, $5,000;
C O . — Electric roads.
bal., surplus, $818.
In corporated A p ril 20,1899, under N e w Jersey law s to construct,
OFFICERS— Pres’t, John. A. R igg; Vice-Pres., H. C. Moore; See. and
operate and own street railw ays, p ow er companies, etc., and do a Treas., M. C. Aulenbach; Asst. See. and Treas., Rem i Remont.
general business (V. 68, p. 929).
In June, 1900, owned the fo llo w in g stocks. W e show also the
( 4 ) R O X B O R O U G H C H E S T N U T H I L L A N O R R IS T O W N R Y .—
tota l stock outstanding o f each o f the companies. Since then other A tro lley road.
securities have been acquired, more particu larly the entire capital stock
The U nited P ow er A Transportation Co. owns 3,938 out o f the 4,000
$400,000) o f t he Southwestern S treet R a ilw a y and a la rg e n ortion of shares o f the capital stock. In Jan., 1902, was leased fo r 950 years to
he $400,000 bonds o f th e s ame road
the Schuylkill V al. Traction
Total
ORG ANIZATIO N— In February, 1898, arranged to lease the WissaOwned. Stock.
Shares. Shares. hickon E lectric, 3 ^ miles, fo r 999 years; rental to be 2 p. o. on the
Citizens’ E lectrio L ig h t & P o w er Co. o f D elaw are Co... 6,194
7,500 $145,800 stock f o r t h e first tw o years, 3 p. o. fo r the n ext six years, 4
D elaw are County A Ph iladelph ia E lectrio R y ............. . 5,993
6,000 p. o. fo r the n ext seven years and 5 p. c. fo r the rest o f the
Edison EJectrio Illu m in a tin g Co. o f Lebanon, P a ......... 9,891 10,000 term. N o w operates 20-60 miles o f track. In June, 1896, filed a
H olm esburg Tacony A Frankford E lectrio Ry. C o........14,972 15,000 m ortgage fo r $450,000 to the R eal E state T itle Insurance A Trust Co.,
Lebanon V a lle y Street Ry. Co.......................................... 9,991 10,000 Philadelphia, securing 5 per cent gold bonds ($1,000), JA D , due June
R oxb oro Chestnut H ill A Norristow n R y. C o.............. „ . 3,938
4,000 l, 1926, o f w lroh $396,000 w ere outstanding July 1, 1901. Capital
Schuylkill V a lley Traotion Co.*................. ................... 8,000 10,000 stock authorized, $450,000; issued, $198,400; par, $50.
F o r year ending June 30,1901, gross, $136,073; net, $52,194; in te r
Trenton Street R y ............................................................. 19,953 20,000
U nited T raction Co. o f Reading, P a ................................ 7,991
8,000 est, taxes, eto., $36,685; dividends, $17,856; balance, deficit, $2,347.
W ilkesbarre A W yom in g V a lley T ra c tio n ....................... 49,552 50,000 President, J. A . R igg; Vice-Pres., R. N. Carson; Sec. and Treas.,
W ilkesbarre D allas & H a rv e y ’s L ake R y ....................... 3,893
4,000 M. C. Aulenbach.—V. 62, p. 1042.
W ilm in gton A Chester T ra ctio n ...................................... 39,993 40,000
( 5 ) S C H U Y L K IL L V A L L E Y T R A C T IO N .—Trolley.
W ilm in gton City E lec trio ................................ ................ 4,962
5,100
O r g a n iza tio n —In corporated in September, 1893, as successorto the
* The U nited P o w er A Transportation Co. is also said to h ave bought Norristow n B ridgeport A Conshohoeken Traction Co. Since Jan. 15,
the $100,000 issue o f incom e bonds o f this company.
1895, has controlled and operated the Conshohoeken Ry., the M ontgom ery
F S t o c k a n d B o n d s .— Slock authorized, $12,500,000; shares $25, fu ll County Pass. Ry., the Citizens’ Pass. Ry., A m bler E lectric, CoJlegevUle
paid. In M ar.. 1902, the outstanding stock was increased from $3,- E lectric St. R y. and the N orristow n Pass. Ry. The corporate ex ist
125.000 to $3,5^3,750 (Y. 74, p. 682), the additional shares being sold ence o f the several companies w ill be m aintained, but their bonds w ill
to stockholders at $35 per $25 share. Bonds, 4 per cent collateral be taken up as ra p id ly as poesible.
In Jan., 1902, leased fo r 950 years the Roxborough Chestnut H ill
trust certificates, are in tw o series, which w e have marked (a) and (6)
below. [B othbon ds and stock listed on Philadelphia Stock Exchange.] & N orristow n Ry.; also the Trappe & Lim eriok E lectric Ry.
S
STREET
Iu Feb., 1900, the Untied Pow er «Sc Tran sportation Uo. acquired con
trol by purchase o f #400,000 o f the #500,000 capital stock and the
entire $100,000 Issue o f Income bonds. V. 70, p. 281.
STOCK & B o n d s —
Date. Interest. Outstanding.
M aturity.
Stook. $1,000,000 ($ 5 0 ).............................
$500,000
.................
1st mort., $500,000, g o ld ) 1895
5 g. F-A
236,000
Nov., 1945
($1,000)...................... 0 5 Int. at W est End Trust Co.. Phil., trustee.
Income mort., $100,000,) 1899 5 ann.
95,000 Aug. 1, 1949
($500)........................... 5 W estE n d T ru stC o., Phtla., trustee.
O f the $500,000 1st m ortgage dated 1895, $100,000 has been
retired and destroyed, $75,000 has been reserved to take up like
amount o f the N orristow n Passenger Ry. bonds, $80,000 to retire the
Citizens’ Passenger Ry. bonds and $9,000 fo r other outstanding bonds.
The securities o f tho subsidiary companies are as follow s, Including
both those held by the public and by the parent company:
Miles. Interest.
Issued.
M aturity.
Company, etc.—
6 ‘4 .............
$79,520f.p. 2ifl ln’00-01
Citizens’ Pass. Ry. stock..
80,000
Feb. 1, 1925
1st mort., gold, $80,000,> ........ 5 g . F -A
Subject to call at 105 Feb. 1, 1905
guaranteed.................... 5
............
145,900
....................
Oonshooken Ry. stock___
100,000
Ju ly 1, 1924
1st m ortgage, guaran’d \ 5 1* 5 g. J -J
Subjeot to call at 105 Ju ly 1, 1904
principal and interest.. 5
1 ^ .............
150,000
......................
Montg. Co. Pass. Ry. stk.
lie 6
J-J
15,000
1924
1st m ortgage.................
414 .............
Norristow n Pass. Ry. stk.
75,000
5% i n ’00-01
4H 6
J-J
75,000
1923
1st m ortgage.................
R oad—Operates 25>e miles o f track, including the lines o f the
above-mentioned companies.
Earninq s —For tisoal year ending June 30,1901: Gross. $79,949;
net, $13,643; other inoome, $4,771; interest, taxes, rentals, eto., $28,749; bal., deficit, $ iO ,3 3 5 .-V . 62, p. 279; V. 69, p. 334; V. 70, p. 281.
RAILWAYS,
69
thereafter, 12 per oent. East R eading stock receives dividends: 1896,
$6,500; 1897 to 1900 inclusive, $7,000; thereafter. $8,000. R eading
& Tem ple Eloctrio paid out $7,297 in dividends in 1900-1.
R o ad —Owned and leased 31 miles o f track. V. 64, p. 177.
( b ) R E A D IN G & W O M E LS D O R F E L E C T R IC R A IL W A Y .
O r g a n iz a t io n , E t c .—Owns 14 miles o f track. Controlled through
ownership o f stock by the U nited Traction Co., which operates the road.
STOCK & B onds —
Date. Interest. Outstand'g. M a tu rity .
Stock..................................................................
$500,000 .....................
1st m ortgage, $400,000,5 1895 5 g. J-J
330,000. Jan. 1,1925
gold. 0' ($100, e t o .)........ ) Trustee, Real Est. T itle Ins. <fc Tr., Phila.
In terest at Reading Trust Co. o f R eading. Pa.
(8 )
W IL K E S B A R R E & W Y O M IN G V A L L E Y T R A C T IO N .-T h e
U nited P ow er <k Transportation owns 49,552 out o f the 50,000 shares
o f stock.
O rg aniz atio n —Incorporated Feb. 9, 1891; controls all the street
ra ilw a y lines in the W yom ing V alley, Pa., extending from W ilkesbarre
to D nryea and Nanticoke on east side o f Susquehanna R iv e r and
Pittston and Plym outh, on w est side.
STOCK & B o n d s —
Date. Interest. Outstand’g.
M aturity.
Stook (par $100).........................
T ex t.
$5,000,000
8ee text.
1st M. $1,500,000, gold 5 1891 5g. A - 0
1,500,000 A pr. 1, 1921
($1,000)................... 0* ( In terest a t P rovid en t L ife <feTrust, Phila.
Collat. Tr. & M ortgage 5 1895 5g. J - J
$325,000
Jan. 1, 1925
$325,000, g o l d ...........( Int. at A n th racite Sav. Bk., tr., W ilkesbarre.
U nderlying Bonds on Roads Purchased—
C o a lville Pass. Ry. bds..............................
12,000
.....................
Wilkesb. <fc Surb. bonds.............
5 p. c.
40,000
....................
Wilkesb. <fe W. Side bds..............................
35,000
....................
Guaranteed bonds—
(6 )
TRE N TO N STREET R Y - 1
T rolley. The U nited P o w er & Tran s P lt t S t C a r ls t M .($ 1 0 0 0 )) 1893 6g. J - D
$200,000
Deo. 1,1918
portation Co. owns 19,953 out o f the 20,000 shares o f stook.
o',p.<fel. uncondit’y gu. s In t. at R eal Estate L. & T r . Co., Phila., Trus.
$150,000
Oct. 1,1924
O r g an iza tio n —Formed June 29, 1898, by consolidation o f the Flvm outhB r. C o .lstg o ld < 1894 5 g .A - 0
M.$150,000, guar.p.&i. ( In t . at A n th racite Sav. Bk., trustee, W ilkesb.
Trenton Passenger Ry., M ulberry S treet Pass. Ry., Pennington A ve.
$10,000 subj. to call in 1904 and $3,000 y e a rly thereafter.
Passenger Ry. and E w in g Passenger Ry.
W ilkesbarre & Kingston ........
6 F -A
90,000
....................
In August, 1899, the Mercer County Traction Co. was form ed, w ith
5s
150,000
See below .
a oapitul o f $100,000 ;and bonds o f $130,000, to enable the Trenton W ilkesb’re & E. Side R y ............
DIVIDENDS—In 1896, Jan., 1 per oent; Ju ly, 1 per oent.: in 1897,
Street Ry. Co. to build an extension into Princeton.
Date. Interest. Outstand'g.
M a tu rity , etc. Jan., 1 p. 0.; In 1898, Jan., 1 p. 0.; in 1899, Jan., 1 p. 0. In 1900 and
S t o c k & Bo n d s —
1901, (1).
Stock, $1,000,000, p. $50 ....................... $1,000,000
8ee earnings
Road—Comprises 64 miles o f traok, fu lly described in the
{ $100,000
1906 to 1915
Tr. Pass. First m o rt...... )
($10,000 due ye a rly Sept. 30) Chronicle o f Feb. 22, 1896, page 361.
$1,000,000, g o ld ........I
$1,000 each, 0*........
$150,000
1916 to 1925
C o m p a n ie s C o n t r o l l e d in S y s t e m —T he fo llo w in g table shows the
Interest at Nat. Meohan. \ 1891 6 g .A - 0 ( ($15,000 due y ea rly Sept. 30) several companies operated, their m ileage, capital stock, and the
$100,000
1926 to 1930 amount o f it owned by the Traction Company, their debt, and fin ally
Bank, Trenton,N . J.
($20,000 due ye a rly Sept. 30) the rental payable under 999-year leases; 6 per cent here meaning 6
$650,000
Sept. 30, 1931 per oent on the outstanding oapital stock; ana $1 meaning a nom inal
Consol, m ort., g o ld ......
1898 5g.J-J ' $800,000
July 1, 1938
rental, the company h aving o nly a nominal existence.
$2,000,000,$!,000..0* Int. in Phil. <&Trenton; Gir. Trust Co., trus.
.------- Stock.-------.
BONDS—Of the consol. 4s o f 1898, $1,000,000 are reserved to re tire
Nam e o f Company.
M iles. Issued. Oicned.
Debt. Rental.
the 1st 6s, and $200,000 are held in the treasury fo r future extensions. C oalville Passenger R a ilw a y
5-67 $62,400 $33,700 $12,000 6p.o.
9 -68 12,000
12,000
None.
$1
R oad —Owns 38 miles o f track. Th e new tracks h ave 90-lb. John Nanticoke Street R a ilw a y ..
son gird er rails. Has p ow er house o f sufficient dimensions to o p er Pittst. Moosic & P. V. St. Ry.
1‘95 42,000
42,000
None.
$1
Pittston Street C a r.............. 8'82 200,000 200,000 200,000 ........
ate the system and also to lig h t the city .
6-00 12,000
12,000
None.
$1
EARNINGS.—Y e a r ending Dec. 31, 1901, gross, $337,217; net, $39,- Plym outh Street R a ilw a y ...
W. Pittston<fe W yo. St. C ar..
2-25 30,000
30,000
None.
$1
941. Dividends paid, $39,920.
W ilkesbarre & E ast S id e " ...
5-00 150,000 150,000 150,000
.......
OFFICERS—President, H en ry C. Moore; Vice-Pres., John A. R igg; W ilkesb. & Kingst. Pass. Ry.
6 6 0 100,000
99,700
90,000 6 p.o.
Seo. and Treas., Jno. L. Kuser.—V. 68, p. 284, 475.
Wilkesb. & Suburb. St. R y .. 10-00 100,000
93,500
40,000 6 p.o.
W ilkesbarre & W est Side___ 9-63 100,000
92,450
35,000 6 p.c.
( 7 ) U N IT E D T R A C T IO N (O F R E A D IN G )—
Plym outh B ridge C o ......................
75,000
75,000 150,000
In 1899 control acquired b y the U nited P o w er & Transportation Co.,
which holds 7,991 out o f the 8,000 shares o f stock. Stockholders w ere
tl E n tire stock and bonds deposited under co lla tera l trust o f 1895.
given $75 in 4 per cent collateral trust bonds o f the P o w e r & Trans
A nnu al R eport—
portation Co. fo r every $50 o f U nited Traction Co. stock held, w ith
Year end. JuneSO. 1901.
1900.
Year end.Jv.ne30,1901.
1900.
righ t to subscribe fo r P o w er & Transportation stock.
Gross e a rn s ...$607,226 $574,645 D ivid e n d s....... $150,000 $150,020
O rg aniz atio n —In corporated on Decem ber 1 7 , 1895, in perpetuity, N e t................. 260,016
276,954
to control the Reading T raction, leased on Jan. 1,1896, fo r 900 years, Int.onbds.,eto. 90,850
90,950 Bal. fo r y e a r.d f$ 6 9 ,3 3 6 d f.$ 2 1 ,lll
and R eading & W om elsdorf Eleotrio (stock owned) roads. A lso owns Tax., rent.,eto. 88,502
57,115
the stock o f the M etropolitan E lectric Co.
—V.
6
5
,p.
152;
V.
66,
p.
2
8
5
. V. 68, p 830,1134. Y . 69, p. 29.
In January, 1899, the Reading Traction Co. acquired con trol o f the
Reading & Southwestern Ry. o f 7Lj m iles, and on Ju ly 29,1901, it was
(
9 ) W IL K E S B A R R E D A L L A S & H A R V E Y ’ S L A K E R Y .—Th e
leased to the United Traction fo r 999 years, fo r interest on $100,000
United P o w er & Transportation owns 3,893 out o f the 4,000
bonds and 12 per cent on the $130,000 capital stock.
shares o f stock.
STOCK AND B onds —
Date.
In t.
Outstand’g. M aturity .
O rganiz ation —A reorganization in 1898, per plan in V. 66, p. 1190,
Stock, $400,000 (par, $50)............................
$400,000 fu ll Dd..............
Is tM .,c o ll, trust, gold, $150,-) 1896 5g J -J 149,900
Jan.1,1926 o f the W ilkesbarre & N orthern RR.,sold b y sheriff in Sept., ’98. Road,
000 (par $100 & $1,000) ..o* > Trustee, R . E. T itle,In s . & Trust, Phila. partly constructed, was com pleted and electrioally equipped by new
Current liabilities, “ sundries,” Ju ly 1, 1901, $861,310. In terest at company from Luzerne, Pa., there connecting w ith W ilkesbarre <fc
W yom in g V a lley Traction, to H a rv e y ’ s Lake, Pa., 12-48 miles.
Co.’ s office. Bonds subject to call at par a fter three years.
STOCK & B o n d s —
Date. Interest. Outstanding.
M aturity.
R oad —Operates 54 m iles o f traok (R eading Traction, 31 miles,
$200,000
......................
Reading & W om elsdorf Eleo., 14 m iles) in and betw een Reading; Stock, $200,000 ($ 5 0 )................................
150.000
Sept. 15, 1928
W om elsdorf, B lack B ear and Stony Creek; R eading & Southwestern, 1st m ortgage, $150,000,) 1898 5 g. M-S
gold, $500
......... c* ) In t. at A n th racite Sav.Bk.,W ilkesbarre, Trus.
7 ^ miles.
— V. 66,p.1190; V. 67, p.488; V. 69, p. 133.
Earnings —F o r fiscal year ending June 30,1901, gross, $421,558;
net, $217,710; interest, taxes, rentals, &c., $192,596; dividends, $20,( 10 ) W IL M IN G T O N & C H E S T E R T R A C T IO N —
000; balance, surplus, $5,114.
H as been acquired b y the United P o w er & 'Transportation Co., whioh
OFFICERS—President, John A . R ig g; Vice-Pres., H en ry C. M oore; 8eo. owns 39,993 out o f the 40,000 shares o f stook.
and Treas., M. C. Aulenbach.—V. 61, p. 1014, 1118; V . 67, p. 1264; Y
O r g an iz a t io n .—In corporated March, 1898. Controls all the street
68, p. 830, 829, 873.
rail-way lines o f W ilm ington, Del., and Chester, Pa., com prising w ith
C o n tr o lle d b y U n ite d T r a c t io n C o.
leased lines about 57 miles o f traok, and w ith the connecting link,
between W ilmington and Chester, opened in A p ril, 1899, has 66
R E A D IN G T R A C T IO N —A tro lle y road.
o f traok. I t oontrols the lin e from Chester to Media, also the line
ORGANIZATION—Chartered March 9,1893, to operate the R eadin g miles
to Darby, w here connection is m ade w ith the Union Traction Com
C ity Pass. R a ilw a y and East Reading Passenger R a ilw a y, which it pan y’s line to Philadelphia. In 1898, acquired all the stock o f the
equipped w ith electricity and leased fo r 99 years, the form er from W ilm iDgton C ity Ry. ($517,850) and o f the Chester Traction Co.
A p ril 1, 1893, and the la tte r from M ay 1,1893. Road leased m Decem ($500,000), both o f which are deposited under the collateral trust
ber, 1895, to the U nited Traction at a rental o f $10,000 annually fo r m ortgage o f the W ilm in gton & Chester Traction Co. The Chester
first three years, $20,000 fo r n ext tw o and $30,000 thereafter. In Traotion Co. holds all the stock o f the Union R a ilw a y Co., $100,000;
January, 1899, acquired control of the Reading & Southwestern R y., Chester & M edia stock, $35,000- Chaster D arby & Philadelphia stock.
which on July 29,1901, was leased to the U nited Traction.
$65,000; total, $200,000.
STOCK & B o n d s — P a r. Date. Interest. Outstand’g. M a tu rity ,
STOCK & B o n d s —
Date. Interest. Outstand’g,
M aturity.
Stock.,$1,000,000 au. $50 ........
J-J
$1,000,000
See text.
Stook, $2,000,000; par, $50
Is tM .,$600,000, g.,gu <...... 1893 6g. J - J
445,000 Jan. 1,1933
f. p .............. ................... Listed on Phil. Ex. $2,000,000
N o t subjeot to call 0.* ( Trustee is P rovid en t L ife & Trust Co., Pliila.
Coll, tr., gold, $4,000,000 ) 1898 5 g. A -O
1,705,000 A pr. 1, 1918
Loans Ju ly 1, 1901, $199,860.
($500 a n d $ l,0 0 0 ea .).c* ) P rovid en t L ife & Trust Co., Phila., trustee.
Interest is p ayable in Philadelphia at Bank o f N orth A m erica and in
S e c u r it ie s (n o t o w n e d )
Reading at the office of the company and N ational Union Bank.
OF StJBSIDIART LINES—
Bonds—Of the R eading Traction first m ortgage bonds fo r $600,000; W il.C ity Is tM ., $600,000,
1891
5 g. M-S
600,000
$112,000 are reserved to retire R eading C ity Passenger bonds when due.
gold, $500 each
,
8ubject to call on or a fter Sept. 1 ,1901
D ividends —A dividend o f 1 p. 0. was paid in Jan. and July, 1900;
Interest is p ayable at the Equitable Trust Co., W ilm ington, DeL
in 1901. Jan., 1 p. c.; July, H g p. 0.; in 1902, Jan., 18j p. 0.
Chester Trac. Is t M ., gold
250,000 M ay 1,1914
($250,000).................. 0* 1894 5 g. M -N
l e a s e d l in e s s e c u r ’ s. P a r. Date. Interest. Outstand’o. Last d iv.. etc
Leased to Chest. Tract.—
Reading C ity Pass. Ry.
Union
Ry.
Co.
1st
M.,
gold
Stock (see b elo w )...... $50 ........
J - J $350,000
See text.
200,000 Jan. 1, 1913
($500 & $1,000)0........... 1893
5 g. J - J
I s t M .................................... 1889
5 A -0
112,000
A pr., 1909
Chester St. R y.stock ($50) ........ 10
150.000 rental 10 p.o.
J -J
East R eadin g Elect. Ry.
100.000 Ju ly 1,1913
Ches. & Media E l.R y.gold ) 1893 5 g. J - J
Stock, fu ll paid..........
5 0 ........
J -J
100,000
See text.
125,000 Ju ly 1,1913
Bonds, $25.000......... .... 1S97
5 p. 0.
25,000 Ju ly 1,1937 d ie s . D arby & Phila. gold. 1893 5 g. J - J
Read. & Tem ple Elec.Ry.
Interest on Chester Traction, U nion Ry., Chester Street Ry., eto.,
Stook, $75,000, gu a r....................
7 A -O
payable at D elaw are County Trust Co., Chester, Pa., and interest upon
71,700
See text.
1st mtg., $75,000............... 1894
5 A -O
71,700 Oct. 1, 1924 a ll the la tter guaranteed b y Chester Traction Co.
Dividends on Leased L in e Stocks—The R eadin g C ity Passenger stock
Bonds—O f the collateral trust 5s o f 1898, $1,695,000 are r e
to reoeive dividends, 1896 to 1899 inclusive, 10 p er o e n t; 1900 and served to retire underlying securities and guaranteed stock. $500,000
(a)
S
STREET
70
R A IL W A Y S .
fnt- ratUX'n o
fete.. afttl $ t IHJ.OOO remain lu com pany'* treasury.
Honda are subject to call at 1U3 after Apr, l, 1014.
OFF iceks Ptm . jo tiu A. Rigg; Vice-Pres., Ii. J. Moore; See and
Ti-na 3 . W . '■ Deli; As.^t Hen. alul ir.-ai., i t d ll I Rci uou t — V . t. 8, p. 620, 020.
as perm itted by I barter, to absorb Ihe Consolidated Gas Co. Of P it t --
burg (artificial gas -see V 60, p. 1188), the Chat tiers Valley Gas Co.
(Natural Gae) and the A llegh en y County Ligh ten (electricity), It has
also acquired the Guide capital stock o f the Matisrield a Chartiere Gas
Co., ami iu J u n e , 1699, purchased a control him interest in the Equit
able
C/as Co , both natural . as During August, 1899, it also acquired
( a ) CHESTER TRACTION - A trolley road.
which theretofore
C o n s o l id a t io n —lu 1808 entire stock of Chester T raction and also the entire capital stuck o i the Low Pressure Gas*
tin- VVikntu .inti City Ry. (Delaw are> was acquired by WUm. A Chester supplied Ihr towns of Homestead and M cKee s Hocks and the borough
of
Espian,
all
adjacent
to
the
Citv
o
f
Pittsburg,
Pennsylvania
Natu
Iran. Co., w hi, h co to pan y is in turn controlled by lire United
ral ( jus -took n w In N ov . 1899, taken in exchange fo r Philadelphia
Pow er A transportation Co.—see the latter
Co. stock at lib- rate of three share- o f gas stock tor one share o f the
The Chester Traction Co. holds all the stock of the Onion R a ilw a y
ftj Oct , 1699, It also
Co , $100,000, Chester Jc M edia stock, $35,000, Chester Darby A Phila. Stuck of the Philadelphia Co. V 69, p. 1015
eti ek, $t 5,000. In Dec , 1000, leased fo r 999 years the Philadelphia <& acquired the en tile capital stock of the Union Gas Co. or M cKeesport,
which supplies the towns o f M cKeesport and Re .noldtom Oil .May 1,
Chester R y ai d the Southwestern St Ry. o f Philadelphia.
All interest payable at D elaw are County Trust Co., Chester, Pa. In 1901, acquired the entire capital stock of the Braddock Gas <fc Ligh t
Co., which supplies the tow n o f Brad dock w ith manufactured gas. On
terest upon all subsidiary securities guaranteed by Traction Co.
Jan. 1, 19o2, the A llegh en y Co. L i-h t lea-fed tin- Mouongahcla Light A
S t o c k & Bo n d s —
Date, ln.ie.rtsl. Outstanding, Last Dio. <it P o w er Co. fo r 9 »9 years. Term s arc: Paym ent of interest tares,"eto.,
Stock $500,000); par, $50 ....
____
$500,000
I n ’ 00'01,6% and $ «5, • 0 annually as rental. Lease is guaranteed by Philadelphia
1st M „ sold. (#250,000) s 1894
5 g M-N
250,000
M ay 1, 1014 Company. A lso acquired en tire-to o k o f the southern Heat. Ligh t A
($1,000) ............ .,o* \ I n t.a t! >el.Co.T.S.O &T.Ins.Co.,Chester,Trua.
P ow er Co. In June, 1902, purchased a controllin g interest (12,417
shares nr stock) lu the .South Side Gas Co.
Current liabilities June 30,1901, $338,824.
Street ttuitieuy P ro p e rtie s —la accordance w ith an offer previously
R oad —Com pany operates 32*89 m iles o f t r a c k ;
made (see V. 68, p. 479), the Philadelphia Company in October, 1899,
Ea r n in g s - Y ear ending June 30, 1901, gross, $395,915; net, $8 8 ,- began exchanging its stock fo r that ot the U nited Traction Co. street
200; interest, taxes and rentals, etc., $71,200; dividends, $30,000; bal railw ay system, below described—V. 69, p. 744; and has acquired 339,ance, deficit, $12,991.- V. 71, p. 1312.
864 shares o f the common stock of that company.
On Dec. 4,1901, stockholders voted in fa\ or o f p rop o rtio n to acquire
P H I L A D E L P H I A & C H E S T E R R Y . - A t r o l l e y road.
(*)
the stock of the Consolid. ted T ractio n Co. and of the Southern Trac
On O ot. 31, 1900, th e P ro s p e c t P a r k B y . and th e Ph iladel. & D ela tion Co. a s part of the same proposition the MonoLguh*-la S treet Ry.
w a re s tre e t B y . w e re co n solid a ted w ith th e P h ila d e lp h ia & Chester, and the Suburban R apid T ran sit fct. B y. were leased to the Consoli
In Dec., 1900, was leased to the C h ester T r a c tio n Co. fo r 999 years, dated Traction Co. and the Pitt.-burg Jr Birmingham Traction and the
which in tu rn is ow n ed b y th e U n ite d P o w e r & T ra n s p o rta tio n Co.
Pittsburg & Charleroi St. Ry. (V. 73. p. 1112) to the United Traction
STOCK AND Bonds —
Date.
Interest. OuWand’g. Maturity. Co. U p to March. 31, 1902, the r hi lad cl. Co. hud acquired 246,499
Stock, $350 000 ($ 5 0 )...................
............ $350,000 ...................... shares o f the common and 232,622 shares o f the p iv f -tock o f the Con
1st m tge, $850,000 ($500 J 1900
5 g. M -N
270,000 N o v . 1, 1930 solidated T raction Co. and the entire issues o f both com. and prof,
stock of ike Southern T raction Co. and all the stock o f the Pittsbu rg &
& $1,000), g o ld _______ o’ / In t. at F in a n c e Co. o f Pen n ., P h ila ., Trns,
Charleroi S treet Ry. In Feb., 1902, acquired the elevated railroad
B onds can n ot he oalled.
franchises w hich w ere granted, to Messrs. B igelow , O liver, Quay and
E arnings —F o r fiscal y e a r en d in g Ju n e 30, 1901, w e re ; G ross, $ 6,- others. V. 74, p. 478.
194; n et, $213; in te re s t an d ta x e s , $9,253; balance, d eficit, $9,040.
SCHEDULE OF CAPITAL STOCK BHAEE3 OF OTHEE CORPORATIONS
R o a d -—O w ns and O perates 8 m ile s o f tra c k fro m P h ila d e lp h ia to
OWNED AND POSSESSED ON MARCH 31, 1902.
C h ester and fro m E sa in gto n to M o o re ’ s S tation .
Shares.
Total Issue.
United Traction Co. o f Pittsbu rg...... 339,864 Common out o f 340,000
(*> S O U T H W E S T E R N S T R E E T U Y . - A tr o lle y road.
C h artered S ep t. 3 .1 8 9 7 . In D ec., 1900, w as lea sed to the C hester Consolidated Gas Co. o f the C ity of
Pittsbu rg (owns stock o f A llegh en y
T r a c tio n fo r 999 years.
it
. X79.992
illum inating Co.) ...................
80 000
it
STOCK & Bonds —
Date. Interest. Outstanding. Maturity. Chartiers V alley Gas C o ....................x29.850
..X 29.85 0
30,000
i f
sto c k , $400,000 . . . . .
...
................
$400,000
...............
.. 19,8
19,817
Pennsylvania Natural Gas C o...........
17
20,000
it
1st M., $400,000 (can n ot he i 1899 5 g. A - 0
400,000
1920
.. 13,524
Equitable Gas Co. o f P ittsb u rg .........
14,000
ca lle d ), g o ld ($1,0 0.
I In t. at W esW E nd Tr. Co., Ph ila., tru stee. Equitable Gas Co. o f P it t s b u r g .......
4,871 P r e fe r r e d i t
6,000
4,875
a
L oan s p a ya b le J u n e 30,1901, $96,937.
15,000
l5 ,0 0 0 co m m o n
The A llegh en y Co. L ig h t C o . . . ...........x
xl5,00<
x2.H4
5 ,0 (0
Stock and Bonds—O f th e Issues, $260,000 bonds and a ll th e stock A llegh en y H eatin g Co......................... x2.64
tt
y 232,622 P r e fe r r e d
240,000
a re o w n e d b y th e U n ited P o w e r & T r a n s p o rta tio n Co.; th e re m a in in g C o m lo id a tid T r a c tio n .............
it
300,000
Consolidated T ra ctio n . . ..
y246,4V9 C om m on
$140,000 bonds a re gu a ra n teed , p. & i., b y the C h ester T r a c tio n Co.
. . 16,0
1 6 ,0 '0
“ b ein g a ll the stock.
Earning s —For fiscal y e a r e n d in g Ju ne 30, 1901, w e re : G ross, $44,- Union Gas Co. o f M cK eesport...........
si
.. 50,000 P r e fe r re d
Southern Traction Co...............
546; net, $6,795; In terest, ta x e s , etc., $20,722; bal., d eficit, $13,927
it
Southern T raction Co___
50,000 Com m on
tt
R oad —O w ns and o p era tes 16 m ile s of tra c k w ith in th e lim its of Southern Heat, Lt. & P o w er Co
..
6,000
a
P h ila d e lp h ia . T ra c k la id w ith 90-lb. g ir d e r and'60-lb, T rails.
..
“
5,000
East M cK eesport St R v. Co..............
ii
Braddock Gas & L t. Co
____
..
5,000
OFFICERS—P re s id e n t, John A . R ig g ; T rea su rer, W m . S. B e ll.
«
2.000
Suburban GaB Co..................................
2,000
41
.. .1.000
“
L o w Pressure Gas C o ..............
if
Pew , Emerson & Co., Lim ited, In c o r ..
.. 1,000
it
..
Am erican Transfer C o ......... ...........
1,000
t*
P opulation 1900 was 9,196; in 1890 was 8.514.
500
“
Mansfield <fc Chartiers Gas Co..
ti
200
P H O E N I X G AS & E L E C T R I C C O . - G a s , e le c trio Duquesne N atu ral Gas On........
6Fuel Gas Co. o f the County of
and tr o lle y .
it
200
gheny .. ... ..........................
O r g a n i z a t i o n .—I n c o rp o ra te d in N e w J ersey Sept. 2 1 ,1 9 0 1 , fo r the
it
200
“
p u rp ose o f a c q u irin g and o p e ra tin g a ll o f th e gas, e le c t )ic and stre e t Pittsbu rg & Char. St. Ry. C o ...
tt
10O
“
ra ilw a y p r o p e rtie s o f P b c e n lx v ille , R o y e r s fo r d and S p rin g C ity , Pa. Tarentum L igh t & H eat C o......
it
100
H a s a cq u ired th e e n tire sto ck o f th e S ch u y lk ill V a lle y Illu m in a tin g Carpenter N atu ral Gas Co........
is
100
Co., C on solid ated S ch u y lk ill G as Co. and M o n tg o m e ry & C h ester Penu Fuel Co.............................
tt
100
Acm
e
Gas
C
o.............................
E le c tr ic R y . Co. T h e c a p ita l stocks o f these com pan ies, to g e th e r w ith
<*
70
Braddock
F
u
el
C
o
....................
th e en tire issue o f bonds ($10 0,000 ) o f M. & O. E lec. R y . and p a rt o f
tt
70
th e bonds o f th e o th er tw o com p an ies h a v e b ee n d ep osited w ith the A cm e H eating C o ......................
tt
70
Acm
e
Fu
el
C
o
.........
........
..........
tru stee as c o lla te ra l fo r th e n e w m o rtg a g e . V . 74, p. 271.
it
60
Allegheny A Chartiers R a ilw a y C o..
ti
STOCK & B o n d s —
Date. Interest. Outstanding.
Maturity.
X lO
The Philadelphia Co. o f W est V a
it
Stock, $1.000,0 00........................................
$800,000
24
Tustin-St. R y. Oo. (no bonds o u t)___
a
Phoenix Gas & E., C o l.) 19C1 5 g. A - 0
750,000
O ct. 1, 1951
200
“
M ifflin N atu ral Gas Co___ _
T r., $1,000,000 ($500 > In t. a t R e a l E s ta te T r u s t Co.. P h ila d elp h ia ,
A ll o f the above shares m arked thus, x . are in the hands o f the
& $ l,0 0 0 > ,s . f..g o ld c * ) T ru stee. Can h e c a lle d a t a n y tim e a t 110.
M aryland Trust Company, trustee under the first m ortgage and col
Schuylk, V a l. 111." m o r t .,) 1893
6 g. J -.l
60,000
J u ly 1, 1923
la
tera l trust dated March i. 1899. Those m arked y a ;e held as security
$60 000, g o ld ($• 00)e* ) I n t a t T r . Co. o f N o . A m e r., P h ila ., T ru stee.
Consol. S ch u y lk ill H a s t 1899 5 g. A -O
150,000
Oct. 1 .1 9 2 9 fo r the collateral trust bonds o f 1801, and these la tte r bonds are also a
* ----—
------■ r e■s t—a t - R—
• s ta
- te T ru s t Co., Ph iadel- second lien on the shares m arked x,
m o rt., $200,000
($500■5 In te
e a■l E
s e c u r it ie s o u t s t a n d in g m a r c h 31, 1902.
and $ 1 ,0 0 0 )---------- o* ( clelpkia, T ru stee.
Date.
Bate. Outstanding. Last din .etc.
Bonds.—OS th e n e w Ph oenix G as & E le c tric bonds, $250,000 are
S t o c k & B onds —
P H O E N IX V IL LE , PA.
Estimated Combined P opulation op “ G reater P ittsburg ,” in
cluding A lleg h eny , E t c ., in 1899, 500.000.
Stock, com m on, $30,000,- )
Q .- J *$26,659,096 J u ly, 1902,lb »
000; p a r, $ 5 0 .................. (
P r e f. stk .,5 p .c .,n o n -c u m ,,)
M - S
*5,744,265
M a r.,’02,2hj
$6,000,000; p a r, $ 5 0 ....
5 g M -S
4,250,000 M a r .l, 1949
P h il. Co. Istifc Col. T r. M . , ) 1899
$6,500,000g. ($1,000) e* 5 M a ry la n d T ru s t Co., B a ltim o re , Tru stee.
P h il. Co. con. M. & col.
1901
5 g M - N 11,631,100 N o v. 1 ,1 9 5 1
tr. M .. $22,000,000 g,
C on tin en tal T ru s t Co., B a l t , Trustee.
($1 000)
1911
$500,000
6 F -A
A lle g h ’y C ou n ty L t .i s tM .
1891
500,000
6 F -A
1915
1895
East E n d E lec. L ’t 1st M .
U n ite d T rac. com. stk.
....... .
17,000,000
$17,000,000. p a r $50)-1
3,000,000 Jan .l902,_2 ^
U n ited T ra c tio n p re f. stk.
5 J -J
. _
5 „g. J -J
4,750.000 J u ly , 1,1 9 9 7
U n ited T rac. gen. M. g o ld , ) 1897
$10,000,000 ($1,000). c* 5 T ru s te e M a ry la n d T ru s t Co., B a ltim o re.
5& 6
5,250,000
V a riou s.
Un. T r a c D iv . bonds....... 1889-94
Cona- G a scom ..$ 4 ,0 0 o.- £
4.000. 000
000, p a r $ 5 0 ............... 3 *
**
Consol. Gas p r e f. s t o c k ,)
’ 0 2 , 3%
6 F -A
2.000. 000F e b ., 1
$2,500,000, p a r $50.. 5
1898
5
g.
F
A
5,000,000
Feb.1,1948
Consol. Gas, 1st m ort.,
T ru s te e M a ry la n d T ru s t Co., B a ltim o re.
g o ld
.............. o*&r
B rad d ock Gas & L . 1st M. ) 1888
6 M -N
40,000 M a y 1, 1908
$40,000 ($500 $1,000) > In te r e s t a t F a rm e rs ’ L o a n &c T ru s t Co.,
. sin k in g fu n d ........... . . . . )
N. Y ., T ru stee.
E a s t M c K e e s p o rt St, R y . ) 1899
5 g. J-D
250,000 D ec. 1 ,1 9 2 9
1st m o rtg ’ e, $250,000 ^ In te re s t at F id e lit y T it le & T ru s t Co., P itts($1,(300) g o ld ____
.. )
b u rg, Tru stee.
S ou thern H e a t, L ig h t & ) 1899
5 g. J-D
200,000 D ee. 1 ,1 9 4 9
P o w e r Co., 1st m o rtg ’ e > In te r e s t a t M e rc a n tile T ru s t Co., P itts $300,000 ($1,000) g o l d ) burg, Tru stee.
M on on ga h ela L ig h t' & 7 1899
5 J-D
1,700 000 Ju ne 1 ,1 9 4 9
P o w e r Co. 1st m o rt’ge > In t. at I ’. M e llo n & Sons* B ank, P itts b u rg .
$ 1,700,0 00............. . . „ , )
T h e U nion T ru s t Co., P ittsb u rg , Tru stee.
PHILADELPHIA COMPANY.-Gas (natural and
m
anufactured), electrio com
pany, trolley.
*fu June, 1902, additional amounts were listed on the N. Y. Stock Exchange,
inereasii g the total of the common stock to
650 and of the preferred to
O rganization .— O r ig in a lly a n a tu ra l gas com p an y, b u t in F e b .,1899,
n ea rly a ll o f its th en o u tsta n d in g stock o f $7,500,000 h a v in g b een p u r
chased b y a sy n d icate h ead ed b y B r o w n B ros. & Co., o f N . Y ., and A l
e x a n d e r B r o w n & Sons, o f B a ltim o re , its op era tion s w e r e exten d ed,
$5,7+4,600.
re s e rv e d fo r fu tu re ex ten s ion s and im p ro vem e n ts. A sin k in g fu n d o f
1 p e r c en t p e r annum o f ou tsta n d in g bonds becom es o p e ra tiv e in 1907.
B on ds o f the C on solid ated S c h u y lk ill G as C om p an y m a y h e c a lle d in
1909 at par.
R o a d . - O w n s and o p e ra te s abou t 6 ^ m ile s o f tra c k b e tw e e n Pbcenixv ille and S prin g C ity.
OFFICERS.—P re s id e n t. L . K n o w le s P e r o t; S e c re ta ry and T rea su rer,
F . JET. S helton, 112 N o . B ro a d S treet. P h ila d e lp h ia , P a . - Y . 73, p. 1359;
V. 74, p. 271.
PITTSBURG, K A N S A S .
P opulation 1900 was 1 0 ,1 1 2 ; in 1890 was 6,697.
P IT T S B U R G R a i l r o
O rganization —T h is co m p a n y w a s
a d
-
fo rm e d as successor to th e P itts
b u rg F ro n ten a o & Suburban E le c tr io and th e P itts b u rg W e ir C ity &
Colum bus R R ., b oth sold at fo re c lo s u re in O ctober, 1899.
STOCK & B o n d s —
Date. Interest. Outstanding.
Maturity.
S tock $125,000 ($ 1 0 0 )................................
$125,000
..........
1 st in e rt (S I 000) oonnon ^ 1900
5 J—J
125,000
Jan. 1,1 9 2 0
1 st in e rt ($ i,u u o ) coupon ^ Int> a t M erch an ts’ T r u s t t o., P h ila ., tru stee.
Road—O perates 14 m iles o f tra ck , ru n n in g fro m P itts b u rg to Fron ten ac, L itc h fie ld . M e d w a y , C o rn e ll apd Y a le .
P re s ., John J. T y le r , P h ila d elp h ia ;1V ie e -F re s , M o rris C lig g e tt; S ec.,
T reas. and Gen. Sup’ t, John R . T r a c y . P itts b u rg , K a n s a s .- V . 74. p. 42.
PITTSB U R G , P A .
P opulation 1900 was 321,616; in 1890 was 238,617;
AND IN 1880 WAS 156,389,
Sleek- S t o c k a u th o rized w a s in crea se d in F e b ru a ry , 1899, fro m
$7,500,000 to $ 21 ,000 ,000 , o f w h ic h $ 6 ,000,000 is 5 p , o, non-cunm lat iv e p referred . T h e in crea se w a s m a d e to acq u ire th e com m on sto ck
STREET
o f the Allegheny County Ligh t Co., Chartlers V alley Gas Co. and the
Consolidated Gas Co.: aNo by exchange the United Traction stock. On
Dec. 4, 1901, stockholders authorized an increase to $30,000,000
through t i l ' issue o f $15,000,000 additional common stock The In
crease was mainly fo r the purpose o f acquiring the shares o ' the Con
solidated T raollon Company and the .Southern Traction Com pany.—
73. p. 1112.
D iv id e n d s . ) 1892 ’93 ’94 *95 ’96, ’ 97. ’ 98 ’ 99
1900 1901
P erC en t. 5 4*4 4*4 5
5
None.
4
4%
5
6%
The foregoin g dividends are fo r the common stook and In 1902 paid
H d per cent in January, A pril and July The preferred stock was
created In 1999, and the first semi-annual paym ent o f 2*fl per cent
was made In Sept., 1899, and these payments have been regularly con
tinued since then.
Bonds—O f the $6.500 000 bonds of 1899 (m ortgage trustee,
Maryland Trust Co.) $4,000,000 was Issued at once In part paym ent
for the stock o f the A llegheny County Light and Chartlers V a lley Gas
Co., and $1,0>0,000 is reserved to retire the $1,000,000 bonds o f the
Allegheny County Light and East E *d Electric bonds and $1,500,000
for future Im provem ents and additions, out o f which $125,000 was
Issued In Dec., 1899, and $125,000 In August, 1900, to pay fo r bet
torments to the property o f the A llegh en y County L igh t Co. The
bonds w ere in Oct., 1899, listed on tlie Philadelphia Stock Exchange,
and are also listed on th eP ittsb u rgS toek Exchange. The Philadelphia
Company stock has been li tod on the New York S’ ock Exchange
since October, 1886. and is also listed on the Phila. Exchange. See
application to the N. Y . Stock Exchange in V. 70. p. 1198, and also
In C h k " N ic l e o f Feb. 22,1902. O f the $22,000,090 bonds of 1901,
$6,500,000 are reserved to take up the $6,500,090 1st col. tr. bonds,
$12,000,000 w ere to acquire the pref. stock o f the Consolidated
Traotiou Co. and $3,500,900 are fo r Im provem ents, betterments, e x
tensions, Ac.
R e p o r t —Report fo r year ending Mar. 31,1902, was in V. 74, p. 1036.
1901-02.
1900-01.
1999-00.
1898 99.
Receipts—
$
$
$
$
From ga s............................3 188,121 2,586.450 2,083,650 : 558 097
From oil .
...................... 115,073
64,9-9
79 551
115,071
D lv. on stocks owned.. ..
773 448
317,753
310,9481
Premium on bonds so ld ..................
10,625
9,875 1
63 333
R e m s .................................
3,626
3.527
3 698 f
Interest and discounts. &c. 66,690
57,728
41,961 J
Total receip ts............. 4,146.958 3.041.072 2,529,683 1,736,551
Operations, taxes, A o ...... 1.357,559 1,090 860 1,294 736 1 020,403
N et earnings........................2,783,3)9
D educt—
Paid leased companies ..
281,869
Dividends
.....................1,136.703
Interest on bonds........ ... 454.729
Other nit. and org in. exps. 92,77 <
Im provem en ts.................... 570,631
1,950,212 1,234,947
226,082
936,763
209,896
31,591
544,337
219,764
679,299
203.645
27,493
716,143
231,036
300,000
16 667
___
.......... .......
T o t a l......................
2.536.710 1,948.669 1,130,199
547,703
B a la n c e ...................... but. 252,689 sur.1,543 sr 104.748 sr.168,440
Earnings o f the companies controlled by the Philadelphia Company
(nam ely, the consolidated Gas Co. o f Pittsburg, A llegh en y Illu m inating
Co., A llegheny County Ligh t C o., Chartiers V alley Gas Co , U nion Gas
Co o f M oKe-sport, Equitable Gas Co., Braddock -.as & L igh t Co.
and PPtsburg Railway s Co., fo r the fiscal year ending March 31, 1902,
In comparison with the tw o years preceding (when the Braddock Gas
& L igh t Co. was not included and only the lines o f the United Traction
among the roads now embraced in the Pittsburg R a ilw a ys Co.) w ere
as fo llo w s :
1901-02.
1900-1.
1889-00
Gross earnings..............................$5,505,943 $3,810,440 $3,623,167
Operating expenses and ta xes___ 2,855,469
1,892,801
1,675,365
N et earnings.............................$2,650,474 $1,917,639 $1,952,807
Other in com e..................................
95,639
70,103
...........
T otal inoom e.............................$2,746,163 $1,987 742 $1,952,807
1,050,112
F ix ed chges and other deductions. 1,802,234
1,716,364
N e t Incom e..................................... $943,879
$937,629
$236,443
$390,625
$225,000
D ividen ds........................................ $333,500
Phila. Co.’ 8 propor. o f above d iv .. *$332,030 *$238 975
$223,620
'In clu d ed in “ dividends on stocks ow ned’’ in the statem ent above.
L atest Earnings—F o r 5 months ending M ay 31, 1902, se 3 Chron
i c l e June 28, 1902.
OFFICERS. E t c .—J'. H. Reed, President; James D. Callery, VicePresident (n ow President o f the Pittsbu rg Railw ays Company); J. F.
Guffey, General Manager; C. J. Braun Jr., Treasu rer; W. B. Carson,
Secretary: C. S. Mitchell, Auditor. Directors: Messrs. Reed, Callery,
Given, Elkins, Rhodes, McM ullin, Frazier. Bowdoin and Calhoun.
V. 70, p. 12 4 , 5 8 4 .9 4 3 , 1195. 1 1 9 8 , 1 1 9 9 . 1267; V. 72, p. 133,
725. 9 8 5 .1 0 3 3 ,1 0 8 0 , 1031; V. 73. p, 554, 663, 723. 900. 1011, 1108,
1112,1208. 1308,1357; V. 74, p 95, 2 0 1 , 330, 423, 4 3 1 , 478, 938,
1036,103 9, 125 i.
( 1) P IT T S B U R G R A IL W A Y S C O - A tro lley road.
This was fo rm erly the Southern Traction Co., but in accordance with
the authority vested in it by the term s o f its charter, the directors of
the Southern Traction Co. on Deo. 30, 1901, voted to change the name
o f the company to the Pittsbu rg R ailw ays Co. The Philadelphia Com
pany had previously acquired all the stock, common and pref., o f the
Southern Traction, in accordance with term s in V. 73, p. 1112.
B y the terms of an operating contract , effective J anuary 1,
1902, the Pittsburg R ailsvays Co. assumed control of ai l the
PROPERTIES OF THE CONSOLIDATED TRACTION CO., THE UNITf.D TRAC
TION CO. OF PITTSBURG AND THEIR UNDERLYING COMPANIES.
The Southern Traction Co. was chartered in 1900 to take over, e x
tend and operate the W est End Traction lines, which w ere purchased
in Aug., 1900, fo r $4,500,000.
I t owned the fo llow in g securities (being in each case the entire issue):
50.000 shares common stock o f the W est End Traction Co.
50.000 shares preferred stook o f the W est End Traction i'o.
120 shares capital stock o f V irgin ia A v e . S treet R y. Co.
400
•’
“
“
M cKees Rocks & In gram St. R y. Co.
300
“
“
“
M cK ees Rocks & N e v il e Isl. St. Ry. Co.
12 ‘
“
“
“
Grafton .55Chartiers V a lley Tract. Co
400
“
“
“
Pitts. Banks’lle & Mt. Lebanon 8. R. Co.
100
“
“
“
Carnegie Bridge Co.
Road—Owns and operates 48'80 m iles o f traok in Pittsbu rg and out
lyin g boroughs.
STOCK AND B onds —
Dale. Interest. Out stand’g.
M aturity.
Common stock, $2,500,000........................... $2,500,000
.................
P ref. 5 p.o.cum ,$2,500 000.....................
2,50 >,<*00
.................
So. Trao. 1st M coll tr., g. $ 19005 g A -0
3,100.000 Oct. 1, 1950
$4,000,000 ($1,000)----O' t Int. at Union Tr. Co., Pittsbu rg, Trustee.
W est End Traction con. M. ( 1898
5
J-J
725,000 Jan. 1. 1933
$1,500,000 .................... ( In t at Union Tr. Co., Pittsburg, Trustee.
Underlying loans o f West E n d Traction
Pittsburg Crafton & Mans-\ 1894
5 J-J
250,000 July 1, 1924
tield 1st M ......................\ Int. at Pittsbu rg Trust Co., Pittsburg.
P itts <e. West End 1st M . „ . 1392
5
J-J
500,000 July 1, 1922
R A IL W A Y S
71
Bands.—The Dew southern Traction m ortgage eaunot be called beore maturity. The $900,000 unissued Is held fur betterm ents aud
Improvements. 1'he Farm ers’ Deposit N ational Bank o f Pittsburg
ottered tlie bonds fo r sale In October, 1900. o f the portion o f the5s o f
1893 o f the W est End Traction still unissued. $750,oOO are reserved to
retire underlying bonds and $25,0 j0 fo r other purposes
REPORT—F o r fiscal year ending Sept. 5*0, 1901 (8outh-*rn Traction
Co.;: Gross, $582,703; net, $287,159; other income, $7,368; charges,
$264,250; balance, surplus, $30,277.
OFFICERS— President, J. D. Callery; 1st Vice-President, J. II. Reed;
2d Vice-President, 8. L Tone; Seon-tarv, W. H Carson; Treasurer, C. J.
Braun Jr.; Auditor, C S M itc h -11. D irectors.-J . D. Callery, J. H.
Reed. Joshua Rhodes. A. W. Mellon, T. H. G iven F A B . W ldener,
M. K. M cM ullin.—V. 71, p. 343, 391, 864, 914; V. 73, p. 554.
( 2 ) U N IT E D T R A C T IO N CO.—
O r g a n iz a tio n .—Formed in 1896, and In June 1897, and purchased
all the property and franchises o f The Second Avenue and North Side
traction companies, und secured control o f the Pittsbu rg Allegheny
& Manchester through a lease fo r 950 years and the purchase o f its
stock. The Federal St. & Pleasant V a liev Passenger Ry. Is controlled
through its lease fo r 950 years to the North Side Traction. In 1902
leased the Pittsburg A Birmingham Traotiou.
In March, 1899, the Philadelphia Go. ottered to give $6,375,000 o f
Its common stock in exchange fo r the $17,000,000 common stock o f
the United Traction. See V. 68, p. 479. In October. 1899, exchange
o f stock under this plan was begun and by Mar. 31, 1902, had acquired
339,864 shares.
STOCK & B onds Date. Interest. Outstanding. D iv .or Mat.
........
Com.stock,$17,000,000 (50)........................ $17,000,000
Pref.cum., $3,000,000 ($50)..........
J-J
3,000,000 Jan., 1902, 2>*
United Trac. gon m .g o ld ,)
1897 5 g. J-J
4,750,000
J ’ y l,1 9 9 7
$10,000,000 ($l,000).o* > Trustee M aryland Trust Co., Baltim ore.
In terest is payable in N ew Y ork City.
Outstanding
Annual
Und erlying Securities—(U See also below ).
Not Omned.
Charges.
Federal « Pleasant V alley bonds.....................$1,250,000
$63,230
P itts.A lleg .& M a n .b o n d s,5 p c.dueO ct. 1,1930 1,500,000
75,000
Second Avenue T raction bonds......................... 2,500,000
125,800
T o ta l o f bonds, $5,250,000)....................... $5,250,000
$264,030
Second Avenue Traction bonds fo r $2,500,000 as above (assumed b y
United T raction Co.) iuolude:
Date. Interest. Outstanding.
D iv.or Mat.
Second A ve. Trac. Mort. 5 1894 5g. J - D $2,000,000
Deo. 1, 1934
gold ($1,000)............ o’ ( Trustee, M aryland T rust Co. Balto.,M d.
In terest a t B row n Bros. & Co., N. Y ., or A . Brow n A Sons, Balto.
2d A ve. Passenger 1st M . .. 1882 6 J - J
30,000
July, 1902
General m ortgage............ 1889 5 J - J
120,000 J u l y ! , 1909
2d A ve. Traction Co. 3VI...... 1893 5 J - J
300,000 Ju ly 1, 1933
Braddock & T u rtle Cr’ k ls t. 1891 6 A - 0
50,000 A p ril 1, 1911
Dividends—On preferred In 1898, 5 p. c.; In 1899, 5 p. C.; in 1900,
5 p. c.; in 1901, 5 p. o.; in 1902, Jan. 20, 2 ^ p. c.
Bonds .—The new U nited Traction mort. is lim ited to $10,000,000;
bonds cannot be redeem ed before m a tu rity ; M aryland Trust Co. o f
Baltim ore is trustee. O f these bonds, $5,250,000 are reserved to
retire the divisional bonds (above mentioned. A ll the bonds out
standing ($4,750,000) were listed on the Philadelphia and Baltim ore
Stock Exchange in February, 1898.
Road —Th e m iles of track ow ned and consolidated a r e :
Miles.
Second A ven u e T raction ................................................................. 63'83
North Side T rao tion .......................................................................... 31-84
Pittsburg A lle g h e n y * M anchester T ra c tio n ................................. 21-45
T o ta l............................................................................................. 117-13
REPORT—The United Traction receives the entire earnings o f the
North Side, Pitts. A . A M. and Second A ve. traotion companies, subject
only to annual charges o f $264,030, as shown above.
R e p o rtfo r year ending June 30, 1901, is as follow s: Gross, $1,935,988; net, $1,021,713; other inoome, $22,126; interest, taxes and ren t
als. $669,957; dividends on preferred stook, $150,000; bilance,surplus,
$223,882.
OFFICERS.—President, James D. Callery: Vioe-President, J. H.
Reed;Seo., W. B. Carson; Treas.,C. J. Braun, Jr.; A u ditor,C . 8. M itchell.
Office, Pittsburg, Pa. Financial A gents, A lexan d er Brow n & Sons,
Baltim ore, Md.—V. 70, p. 329; V. 71, p. 1 8 0, 1271; V. 73, p. 390.
L in e s c o n tr o lle d by U n ited T r a c tio n Co.
( a ) F E D E R A L ST. & P L E A S A N T V A L L E Y R Y .—Trolley.
ORGANIZATION—In corporated March, 1868, and has since consoli
dated its various subsidiary companies. The franchise is perpetual.
The N orth Side Traction Co. on Ju ly 20, 1896, leased the Federal
8 tr e e tA Pleasant V a lley fo r 960 years, assuming its funded debt o f
$1,250,000 and its floating debt o f $175,000, and agreeing to pay as
rental all taxes, rentals, eto., and also $70,000 yea rly in cash, payable
January 15 and Ju ly 15, equal to 5 per cent on the $1,400,000 stock,
o f which it owns $7^2,650.—V. 63, p. 31, 76, 189.
STOCK & B o n d s —
Date. Interest. Outstand’g.
M a tu rity .
Stock (par $25) fu ll paid................. 5 J - J
$1,400,000
See text.
Consol, mort., $1,250,000,51892 5 g .J -J
834,000 M ay 1, 1942
g., $1,000, on 28 m ile s ..*0 \In t. at F id elity T itle A Tr. Co., Pittsburg.
U n d erly in g mortgages—
O bservatory H ill 1st M .......
1887 5 J - J
$47,000 Ju ly 1,1907
Federal St. A PI. Val. 1st M ............ 6 J - J
71,000 July 1,1903
55,000
1913
People’ s Park Pass............
1882 5 J - J
112,000 Ju ly 1,1919
Fed. St. A PI. Val. m ort.......
1889 5 J - J
24,000 N ov. 1,1920
Allegheny & B ellevu e 1st M. 1890 5 J - J
61,000
1920
A llegh en y St. 1st m ortgage. 1890 5
4,000 N ov. 1, 1920
P erry St. 1st m ortgage......... 1890 5 J - J
42.000 N ov. 1,1920
T ro y H ill 1st m o rtgage____ 1890 5 J - J
Bonds—The consolidated m ortgage of 1892 is fo r $1,250,000, o f which
the balance unissued is in the hands o f trustee to retire all the other
issues; m ortgage trustee is the F id elity T itle & Trust Co., Pittsburg.
Road—Embraces 33 miles of track (including sidings) on about
17 miles of street; rails mostly 90-lb. girder.—V.‘ 63, p. 189.
( b ) P IT T S B U R G
A L L E G H E N Y A M A N C H E S T E R T R A C T IO N .—
ORGANIZATION—Consolidated w ith U nited Traction in June, 1897,
which purchased all the capital stook (V. 65, p. 27).
( c ) P IT T S B U R G A B IR M IN G H A M T R A .C T IO N .-A tro lle y road.
On Jan 1. 19)2, this com pany was leased for 999 y e a 's to the
United Traotion Co., which has agreed to pay all interest, taxes, etc ,
and also $15'\000 annually as rental. Lease is guaranteed by the
Ph iladelph ia Co.
O r g a n i z a t i o n —Incorporated Aug. 15, 1889; N ov. 19,1889, leased
F. & B. Passenger Ry., including South Side Pass. Ry. Co. H as also
leased and operated since Dec., 1891 Pittsburg In clin e Plane Co. and
Mt. O liver Incline Plane Co.; operates also Binn. K n o x v ille A A lle n
tow n Traction Co. (See suit regardin g interest paid on B. K. A A.
bonds.—V 62. p.989.) In Aug., 1900, purchased the $400,000 capital
stock o f the W est L ib e rty Ssreet Ry., and. constructed a line te Mt.
Lebanon.—V. 71, p. 343.
STREET
72
RA ILWAYS.
S to c k &. BOND:-. Date.
interest.
Outstund’g
M aturity.
rtt-K-k 'f5 0 i
... . . ....... .
Text.
$3,u<H),000
s.-t> text.
lat mint., gold, 5a
<1889 5 s. M.
S.
1,500,000 Nov. 1, 1929
($1,000)................o* ) Trustee,Fidelity Trust Co. or I'iuUdelphia.
B*ofl,$il8,000.j)’d y 'rty
... .
5
A -O
115,000
....................
tiuu.i <uitetit bon.dxBlrrn. K n o x .* A .la tM . i 1891 O k . M - M
500,000 S e p t 1, 1931
gold, Interest guar.. 5Trusted, F id elity Trust Co., FM la.
BtowuskUIo Ave. 8t. <1896 g
*»Y. i s i w
F _A
300,000 Oet. 1,1926
o r t . ^
D ividends - Cor year 1892-93 paid 2 p. u.; in 1890, January, % p. c.j
In 1897, (I) ; in 1808, 3 p. e.; in 1899, 28a p
in 1900,3 p.o.j in
1901, Apr., 1% p. o
Road —Operates 33-80 miles or track, laid w ith 90-lb. rails, us follow s.
Mam line. 24 m iles; B row nsville A m Ry. <all its .8300,000 stock
owned), 7 -33 oilles; inclines, 2 miles.
A n n u a l R e p o r t - For the year ending June 30.
1899-0.
1900-01.
1900-1
1899-0.
Gross..............$601,917 $632,455 Rentals, etc. $122,049 $126,336
120,500
Exp. et taxes. 257,067
234,426 Bond interest 145,279
90,000
D ividends___
90,000
$6M 93
N e t ................$404,850 $398,029 B a L .s r.fo ry’ r. $47,522
—V. 69, p. 3 3 2 , 334; V. 71, p. 143; V. 72, p. 776.
L in e s L e a s e d to P itts b u rg At B irm in g h a m T r a c tio n .
MX. O L IV E R IN C L IN E B Y .—Owned,leased and operated by Pittsb.
& Birin. Traction Co. .stock, $100,000. Bonds, drat m ortgage 6s, M. &
N., due N ov. 1,1901, $44,500.
P IT T S B U R G IN C L IN E P L A N E —Leased fo r 999 years to Pittsburg
& Birm ingham T raction Co., ax rental equal to interest on bonds and
10 p. c. on $150,000 stock, free o f tax, but dividends h ave been 9 p. o.
yearly, balance b ein g carried to surplus.
S t o c k db B onds —
Date. Interest. Outstand’g .
M aturity.
Stock, par $100, fu ll paid............;
Q - F $150,000
See text.
1st M „ $1,000 each......... 0* 1889
6 J -J
150,000
Ju ly 1, 1919
i 1890
6 J -J
100,000
June 1,1910
2nd m ortgage...... ........... Subject to call on any June 1 a fter 1894.
t in t , at F id elity Trust Co., Phila., trustee.
R oad —Road extends from F o rty H ill, P ittsbu rg on Bradford
Street to Washington A venu e, on top o f h ill.—V. 71, p. 343.
( d ) P IT T S B U R G & C H A R L E R O I 8 T R E E T R Y .—A tro lley Road.
O r g a n iz a t io n —I ncorporated A p ril 19. 1902, and took o ver the
C h ari,roi & W est Side Ry.; is leased to the U nited Traction Co. fo r
900 years fn in M ay 15, 1902. Bonds are guaranteed principal and
Interest by ibe U nited Traction Co. and the Philadelphia Co. The
entire issue of bonds was offered by T. M ellon & Sons and the
Union Trust Co. o f P ittsbu rg in M ay, 1902.
S t o c k & B on d s —
Date.
Interest. Outstanding.
M a tu rity
Stock. $2,500,000 ($50)..............
...........
$2,500,000
........
Chari. & W est Side 1st M ...........................
135,000
.........
Pitts. A Chari, 1st M $2- <1902
5g M -N
2,000,010 M ay 1.1932
500,000 g. ($1000)_o* ) Int. at Union Tr. Co., Pittsburg, Trusiee.
Bonds—O f the Pittsbu rg & Charleroi bonds. $135,000 is reserved to
retire a lik e amount o f Charlerio & West Side bonds.
R oad —When completed w ill comprise a road between Pittsbu rg and
A llen port. by w a y o f Castle Shannon, F in ls y v ille , Monongahela City
and Charleroi, a distance o f 344*,miles. Is expected to be in opera
tion the com ing summer.
1
Wtt
~ O f f Ic ers — f resident?w TlTTvfellon: Secretary, G. S. Davison; Treas
urer, SV. 8. M itchell, Asst. Sec. and Treas. W eaver H. Rogers. - Y . 74,
p. 1039,1090.
(3)
C O N S O L ID A T E D ] T R A C T IO N —T ro lle y road.
O rg aniz atio n —Chartered July 15,1895. The com pany has merged
the Fort P itt Traction. Co. and assumed its leases o f the Citizens’ and
the A llegh en y Traction companies, and has acquired the control of the
Pittsbu rg Duquesne & Central Traction companies. On A p ril 2,1896,
assumed managem ent o f these six companies, w ith capital o f $13,500.000 and a bonded debt o f about $6,377,000. See V . 62. p. 1087. In
1902 leased the Monongahela Street R y. and the Suburban Rapid
Tran sit Street Ry.
On Dec. 4,1901, stockholders o f Philadelphia Company approved
plan fo r absorbing the shares o f the Consolidated Traction. Seeterm s
In V. 73, p. 1112. Up to March 31, 1902, 246,499 shares common and
232,622 shares p referred had been so exchanged.
L,aafiCE
“ STOCK—
P a r. Interest.
Outstanding.
D ividend.
Common stook......... $50
...........
$15,000,000
...........
P f, stock,6p. o. ovum
50
6M & N
12,000,000 M a y,1902,3%
Th e preferred stock carries cum ulative dividends o f 6 per cent per
annum, and has the righ t to participate equally w ith the common stock
when that has received 6 per cent. F irst dividend on p referred was
paid M ay, 1897. In Novem ber, 1897, no dividend was paid. See V.
65, p. 685. In M ay and N ov., 1898, 3 p. o. was paid. In 1899,6 p. o.
in 1900, 6 p. o.; in 1901, 6 p. c.; in 1902, M ay, 3 p. c.
—C ompanies C o n t r o l l e d —The companies acquired are shown in the
fo llo w in g table, as also the amounts o f th eir stocks and bonds.
Company.
M iles.
Old stock.
Bonds.
Duquesne T raotion .........................
33
$3,000,000
$1,500,000
Pittsbu rg Traction .........................
12%
t2,500,000
1,000,000
Central T ractio n ............................
8%
*1,500,000
500,000
F o rt P it t T ra ctio n .........................
10
3,000,000
tf938,000
Citizens’ Traction ..........................
30
3,000,000
1,620,000
A llegh en y Traction........................
18
500,000
750,000
~ 'O n this only 60 per cent ($30 per $100 shares) has been paid in,
representing $900,000.
tTh is is nom inal valu e o f shares; less than fu ll amount has been
paid on shares. 1TF ives due 1935.
In Consolidated Traction Co.’s balance sheet o f March 31,1901, the
above companies appeared in assets as fo llo w s :
Cost in SecuShares. rilie s o r Oasn.
Duquesne T ra ctio n ........................................... 52,535
$1,943,775
Pittsbu rg T ractio n .........................................
49,500
3,465,000
Central T raction ................................................ 29,133
873,990
F o rt P itt T r a o tio n ............................................. 60,000
15,900,600
ROAD-C ontrols about 126 m iles o f track in all.
A n n u a l R e p o r t —C ompany’s re p o rt for year ending March 31
19 01, w ill he found in V . 72, p. 934.
Tea r en ding M arch 31—
1900-1901.
1899-1900.
Gross earnings.............................
...$2,919,444
$2,632,533
O perating ex p en ses...................
... 1,350,386
1,294.480
N e t earnings......................... .
. .$1,569,058
$l,c*38,053
In com e from stocks o w n ed ... .
...
322,020
355,352
T o ta l incom e
..................
..$ 1 ,891,07s
$1,693,405
Deduct-^
... $197,507
T a x e s ............................ ................
$172,949
R en tal leased lin es...................... .
551,100
551,100
318,029
In terest on bonds....................—
318,960
T o ta l deductions....................
$1,043,009
Am ount available fo r dividends
D iv id e n d s .....................................
Balance, surplus....................
..
$824,442
$650,396
649,774
$622
O f f ic e r s — i*r«-*id>-iii J. D. Cattery; Viee-Piest, J. H. Reed; See.. W.
H. Carson; Tina- , C. J Brain Jr.; Auditor, C. b M itc h e ll Directors—
Caller v. Reed. Given, MeMuUin, B. 1, J outs, HlioOt-s,— V. 65, p, 685; V.
09,11.1013 V 70. p 328, 4«U, 533,583, 585. 686, 995, 1240,1290;
V. 71, p. 84, 13 3; V. 72, p. s ill, 672. 034, 1080; V. 73, p. 553, 723.
Lines controlled by C ouno U dated T r a c tio n ,
( a ) A L L E G H E N Y T R A C T IO N .—
O r g an iza tio n —Incorporated July 23, 1889. A p ril 1, 1896, this
company wa« leased to the Fort P u t Traction Company fo r 950
years at a rectal o f $25,000 per annum.
STOCK & B o n d s —
Miles, Date. Interest. Outstand’g. LasU tic.,ete
$500,000
See text.
Stuck, $500,000, par $ 50................... 5 p. o.
Guaranteed bonds—
M lUvale Etna A Sharps-) . . . . 1893 5g. M -N 750,000
N ov. 1,1923
b u rg ls tM . $750,000,g. j Trustee, Pittsburg Trust Co., Pittsburg.
D ividends—The semi-annual dividend o f 2% P- c. due June 1,1901,
was passed, the proceeds being used to pay o ff the floating debt.
ROAD—Inclu ding M U lvale Etna A Sharpsburg, 18% nixies o f road.
( b ) C E N T R A L T R A C T IO N .—Trolley.
L ea s e —Incorporated Dec. 21, 1888, Leased from A p ril 2, 1896, to
the Consolidated Traction fo r 950 years at 3 p. c. per annum on par
value o f $1,500,000 stock, see V. 61, p. 1154—and in May, 1896, stock
holders w ere offered p rivilege o f exchanging their stook for receipts,
which w ere redeem ed at $30 per abate on Oet. 1, 1896, in Consolidated
Traction Co. preferred stock at par. fin Feb., 1902, 29,133 shares o f
Central Traction stook (out of 30,000) had been so exchanged.—V. 62,
p. 1087.
STOCK & B onds —Miles. Date. Interest. Outstanding.
M aturity.
Stook—par $50, <
5 30,000 shares <
see t e x t.. . . . . . <,
.................
3%
($ 3 0 paid up. $ See text.
lstM.$375,000 <
6
1889
5J-J
$375,000 July
"
1. 1929
cable lin e $500 / In terest at Union Trust Co., Pittsburg.
Bonds o f Central Passenger Ry. controlled.
1st M. $250,- )
4
1894 6 A -O
125,000 Oct. 1, 1924
000, $1,000.. ? In terest at Union Trust Co., trustee, Pittsburg.
Dividends—Feb. 1,1892, $2 50 in stock ; in 1896, Feb., 2 p. c. in cash;
In 1898, Nov., 1% p. c. in cash; in 1899, 3 p. e.; in 1900, 3 p. c.; in 1901,
3 p. o. In 1902, A p r il 30, 1% p. e.
R oad—8-5 miles o f road, o f which it controlled by ownership of
capital stock, Central Passenger Ry., 3% miles. —V. 62, p. 948, 1087.
(| ) C IT IZ E N S ’ T R A C T IO N —A tro lle y road.
ORGANIZATION—In corporated Ju ly 6, 1887. On Sept. 1, 1887, pur
chased the entire capital stock ($200,000) o f the Citizens’ Passenger
Ry., which It now holds.
LEASE—Leased from N ov. 1, 1895, to F o rt P it t Traction Co. (now
Consol. Traction ) fo r 950 years at 6 p. o. p er annum on $3,000,000 oapital stock. In addition the lessee agreed to pay a floating debt of $175,000, and a t m aturity a m ortgage debt o f $1,620,000.—V. 61, p. 661.
STOCKS & B onds —
Date. Interest.
Outstanding.
M aturity.
8took ($50) fu lly p a id .............. 6 M.-N.
$3,000,000 f.p.
See text.
1st m ortgage ($1,000) < 1887 5 A.-O .
1,200,500
Oct. 1, 1927
N o t subject to call. I Trustee, F id e lity T itle A Trust Co., Pittsburg.
Purchase m oney m o r t g s .......................
120,000
....................
Bonds o f lines whose stocks are owned.
Penn St. Pass. Ry. Is tM . 1892 5 J.-D.
$250,000
June 1, 1922
Interest and dividends p ayable at N. H olm es A Sons, Pittsburg, Pa.
Dividends—In 1892, 6 p. o.; in 1893, 6 p. o.; in 1894, 6 p. c.; in 1895,
5 p. e. U nder the lease dividends are 6 p; o.
ROAD.—Owned and operated 30-5 miles of track on 15 miles of
street.—V. 60. p. 930; V. 61, p. 112. 516. 661.
( d ) D U Q U E SN E T R A C T IO N —A tro lle y road.
L e a s e —Incorporated Jan. 25, i 890. Leased from A p ril 2,18 9 6 , to
the Consolidated Traction fo r 950 years at 4 per cent on the $3,000,000
stock, but dividends for a year and a-half to be w ithheld fo r paym ent
o f floating debt o f $180,000. In M ay, 1896, stockholders w ere allow ed
to exchange their stock fo r receipts, redeemed Oct. 1 , 1896, at $37 per
share in 6 per cent preferred stock o f Consolidated Traction Company
at par. In Feb., 1902, 52,535 shares out o f 60,000 had been so ex
changed. See V. 62, p. 1087.
Date. Interest. Outstanding.
M a tu rity .
S t o c k & B o n d s .—
Text.
$3,000,000
See text.
Stock ($50) fu lly paid • ........
Div. payable at Fidel. T itle A Trust Co., Pitta’h
1st m o rtg a g e........... o.* 1890
5 J. - J.
1,500,000
Ju ly 1, 1930
Dividends w ere 5 per cent, JA J, but in 1893 and 1894 none p aid;
in 1895,4 p. c.; in 1896, none; in 1898, 3 p. e.; in 1899, 4 p. o.; in 1900,
4 p. c.; in 1901, 4 p. c ; in 1902, A p r il 30, 2 p. o.
R oad —A t tim e o f lease in 1896 controlled 11 companies, with a
capita) aggregatin g $249,700 and having 33^16 miles of road.
- V . 60, p. 930; V. 61, p. /yy, 794, 1154; V. 62, p. 948,1087.
( e ) F O R T P I T T T R A C T IO N —See CONSOL. TRACTION Co.
( f ) M O N O N G AH E LA STR E E T R A IL W A Y —
O rg an ization —On M ay 26, 1898, absorbed by consolidation the
Sohenley Park A H ighland, Hom estead & Highlands, Braddook &
Homestead, and the Braddook A Duquesne (the latter then building).
In December, 1901, the Monongahela Street Ry., the W ilkinsburg &
E ast Pittsbu rg 8treet Ry., the W ilkinsburg A V erona Street R y. and
the P itcairn A W ilm erding Street R y. w ere m erged in the Monongahela
S treet Ry. and stock was increased from $1,000,000 to $7,000,000.
See V. 7s, p.1112. On Jan. 1, 1902, the Monongahela Street Ry.
was leased fo r 999 years to the Consolidated Traotion Co. fo r interest,
taxes, etc., and an annual rental beginning w ith $165,000 the llrst
year and increasing $18,750 each yea r until $315,000 is reached.
Lease is guaranteed by Ph iladelph ia Co.
STOCK & B onds — M iles. Date. Interest. Outstand’g. M aturity.
Stock, $7,000,000........................................... $1,000,000 ....................
Mon. St. Ry. 1st mort., > 17 1898 5g. J-D
1,000,000 June 1, 1928
$1,000,000, g o ld — j
Union Trust Co., Pittsburg, Trustee.
Current lia b ilities June 30, 1901, $608,810.
R oad —Owns 23-63 miles of track, including branches; 90-lb. rails.
R eport —Y e a r ending J une 30,1901, gross, $356,293; net, $132,140;
interest, taxes, etc., $59,659; surplus, $72,481.
O ffic ers —P resident, W. L. Mellon; Vice-President, A . W. Mellon;
Treas., R. B. M e llo n .-V . 67, p. 74; V. 71, p. 1167; Y . 72, p. 776.
( a ) P IT T S B U R G T R A C T IO N —A tro lle y road.
O r g a n iz a t io n —in corporated A p ril 30,1887.
L e a se —L eased from A p ril 2,1896, to the Consolidated Traction fo r
950 years at 7 per cent on the $2,500,000 stook (see V. 61, p. 1154)
but 1% years’ dividends w ere used to pay floating debt o f $250,000.
In May, 1896, stockholders w ere offered receipts fo r th eir stock,
which w ere redeemed at $70 per share on Oct. 1,1896, in preferred
stock o f Consol. Traotion Co. In Feb., 1902, 49,500 shares out o f
50,000 had been so exchanged. See V . 62, p. 948. Pittsbu rg Traction
owns the $250,000 ca p ita l stock o f B loom ffeld St. Ry. and guarantees
the bonds.
STOCK & B o n d s .—
Date. Interest. Outstanding. L a st div.,etc.
Stock, $2,500,000 (par $ 5 0 ) .......... T ex t.
T ex t.
See text.
1st mort. 5s..................... o*1887 5 A.-O .
$750,000
Oct. 1,1927
Ouaranteed'honds—
Bloom held S treet Ry., 1 s t) 1893 5 F .-A .
250,000 A u g. 1,1923
our.......................... . . o* $ In terest at Pittsbu rg Trust Co., trustee.
Stock—Issued 50,000 shares, on which $38 each has-been paid.
STREET
RAILWAYS
D ividends —A t odmpany’e office, Pittsburg. Dividends or 6 p ercen t
have been paid ; In 1895, 6 p. o.; in 1896, none—see above. In 1898,
5*2 p. o.; in 1899, 7 p. o.; in 1900, 7 p. o.: in 1901, 7 p. o.; In 1902,
A p ril 80, 3^} p. o.
ROAD.—Owns 12’67 miles o f track. Bloom field St. Ry. owns 3 miles.
73
P L A I N F I E L D , N. J.
P o p u l a t io n in 1900 w a s 15,369; in 1890 w a s 11,267;
a n d in 1880 w a s 8,125.
E LIZ A B E T H P L A IN F IE L D
J E R S E Y R Y .—A trolley road.
& CENTRAL
O r g an iz a tio n .—Chartered in Novem ber, 1900, as a consolidation
o f the Plainfield Street Ry., the W estfield & Elizabeth S treet Ry., the
Elizabeth C ity Horse R R „ the Elizabeth St. Ry., the Rahway Electrio
St. Ry. and the W oodbrldge A Sewaren E lectrio St. Ry. Embraces all
the lines operatin g in Elizabeth, Plain field, N orth Plainfield, and in
the towns o f Roselle, Cranford, W estfield, Clark, Rahw ay, Fanw ood,
W oodbrldge and the surrounding territory. Connection Is made at
Elizabeth w ith the North Jersey 8treet Ry. and at Plainfield with the
Brunswlok Traction Co. Ts controlled by the same interests as the
Jersey 8t. Ry. and the Jersey C ity Hoboken A Paterson. In
P IT T S B U R G MCKEESPORT & C O N N E L L S - North
Maroh, 1901, the F id elity Trust Co., N ewark, and Redmond, K e rr A
V I L L E R Y.—A trolley road.
Co., N ew Y o rk , negotiated the sale o f the *1,400,009 outstanding
Consolidation—In June, 1902, it was reported that this company bonds.
and the Pittsburg M cK eesport & Greonsburg Ry. would bo consoli
STOCK & B onds —
Date.
Interest. Outstanding.
M aturity.
dated under the name o f tho W est Penn. R a ilw a y & L igh t Co.
...................
O rganiz ation —In corporated D ecem ber 31, 1900, as a consolidation Stock, *3,009,000........................................ *3,000,000
5 g. J-D
1,400,000
Deo. 1, 1950
o f the O onnellsville & U niontow n R y. Co., M cK eesport W ilm erding 1st mtge. *2,500.000) 1900
(*1,000), gold, o*. No > In tere st at F id elity Trust Co., New ark,
& Duquesne Ry. Co. and the M cK eesport & Youghiogheny S treet Ry.
s.f. A oannotbe called ) trustee.
Franchises in the several cities, towns and townships are perpetual,
JA J
100,000
1942
and from three-fourths to four-fifths o f the entire line is stated to be P U in h e ld 8 t .R y .ls t M ..) .......
(*1 ,0 0 0 )o ’ call in 1904 { In t. at F id elity Trust Co., Newark.
upon p rivate righ t o f w ay. A t Duquesne, M cK eesport and Wllmerdfng oonneotion is made w ith the Pittsburg city lines. Population
Bonds—O f the tota l issue o f 1st m tge. bonds. *1,000,000 is held fo r
served, 200,000 outside o f Pittsburg and A llegh en y. The oompany also fu tu re betterm ents or extensions and *100,000 to provid e fo r like
owns and operates its own coal mines, adjoining the pow er station. In amount o f the Plain field St. R y. Co. bonds.
Jan., 1902, it was reported that this oompany had purchased the ConROAD—Owns and operates 59'006 m iles o f track.
n ellsvllle Suburban St. Ry. o f 2^9 miles fo r *175,000. A lso in F e b ,
O f f ic e r s —P resident and Gen. M gr.,Thos. C. Barr; Vioe-Prest.,Thos.
1902, the Greensburg A Southern Ry. and the W estmoreland Kleo. Co.
A . Nevins; Seo’ y and Treas., Edw in W. Hlne. E x ecu tive office, L a w
STOCK & B onds —
Date.
Interest Outstand'g. M aturity.
Stock, *3,500,000.................
............. *3,500,000 ................... yers’ Building, N ew ark, N. J.—V. 71, p. 1120, 1269, D IO ; V. 72, p. 44,
580, 627; V. 73, p. 1312.
1st oon.mtge.$3,500,000 ) 1901
5
J-J
3,000,000 Jan. I, 1931
($1,000), gold. Cannot S In t. at M ercantile Trust Co., Pittsburg,
be oalled.......................) trustee.
O f the new *3,500,000 mtge., *500,000 are reserved fo r im p ro ve
P o p u l a t io n 1900 w a s 8,434; in 1890 w a s 9,500;
ments, betterments, &o. The m ortgage is subjeot to p rior liens of
a n d i n 1880 w a s 8,283.
*231,500, to retire whioh sufficient bonds have been reserved and are
included in the above total o f *3,000,000 reported outstanding. A
P L A T T S B U R G H T R A C T IO N CO.-A tro lle y road.
syndicate o f Pittsbu rg firms and institutions offered some o f the
O r g an iz a t io n , Et c .—Chartered M ay 27, 1896. Capital stock,
bonds fo r sale in Feb., 1901.—See V. 72, p. 242.
*100,000 (par *100). F irst m ortgage 6 p. o. gold bonds o f 1896, due
R o ad —On Feb. 1, 1902, owned and operated 67 m iles o f road, whioh, 1926; int. J-J., at Continental Trust Co., N. Y ., Trustee; authorized
together w ith the 33 miles under construction, w ill make one continu $100,000, issued *80,000. F o r year ending June 30, 1901, gross,
ous system o f 100 miles, operatin g from Duquesne (adjoining P itts $15,777; net, *3,435; charges, *5,963; deficit, $2,528.
burg) to M oKeesport, W ilm erding, Versailles, Buena Vista, Mt. P lea s
Road—Owns
miles o f track; rail, 50 lbs. Prest., E. N. Sanderson;
ant, Scottdale, Oonnellsville, Leiseuring, Dunbar. Uniontown. and G eneral M anager, G. M. Cole.
Fairohance. Entire line expected to be com pleted b y A u g. 1, 1902.
OFFICERS—President, Wm. H. Graham; Treasurer. Geo. I. W hitney;
Secretary, M. K. Salsbury.—V. 72, p. 242; V. 74, p. 207.
P o p u l a t io n in 1900 w a s 9,592’ ; in 1890 w a s 7,314;
P IT T S B U R G M ’K E E S P O R T & G R E E N S
a n d in 1880 w a s 7,093.
( b ) S U B U R B A N R A P ID T R A N S IT ST. R Y .
O rganizatio n —Was leased on Jan. 1,1902, to Consolidated Traction
Co. f'ir 900 years at an annual rental o f *56,000, as w ell as paying all
oharges, including interest and taxes.
Road — Operates 14LJ miles o f track on 6 miles o f street. Capital
stock autb., *800,000; paid in, *800.000. Funded debt, *200,000.
Y ear ending Deo. 31, 1901, gross, *163,773; net (a fter expenses and
fixed charges), *30,928.
P L A T T S B U R G H , N. Y.
PLYMOUTH
MASS.
B U R G R Y—A trolley road
B R O C K T O N & P L Y M O U T H S T R E E T RY.—
In June, 1902, it was reported that this company w ould be consoli
O r g an iz a tio n —Chartered in 1899 to build a road from the terminus
dated with the Pittsbu rg M cK eesport & Oonnellsville Ry. Sec same
o f the Plymouth A Kingston, at Kingston, to Brockton v ia Whitman.
above.
O rganiz ation —A consolidation in 1901 o f the Greensburg & Hemp- In 1900 was consolidated w ith the Plym outh A Kingston Street Ry.
fleld E lectrio S treet Ry. and the W estm oreland Ry. A ll franchises and the Pem broke S treet R y. Population served in 1900 about
are perpetual and a great portion of the road is o ver p riva te righ t o f SO,0 0 0 .
w ay. Serves a population o f 100,000.
STOCK & BONDSDale. Interest. Outstanding.
M aturity.
Stock, *295,000 ($100)...............................
*295,000
.................
Dale.
Interest.
Outstand’g. M a tu rity .
S t o c k & B onds —
1st
m ortgage, *3 00,00 0) 1900 4L>g.J.-D.
235,000
Deo. 1, 1920
Stock, *1,500,000___ ......................................................... *1,500,000
..........
(*l,0 0 o ), go ld ...........e* ( Int. a t Old Colony T r. Co.. Boston, Trustee.
5 g. J-J
1,000,000 Ju ly 1, 1931
1st M tge, *1.500,000 * 1901
In t. at H arrisbu rg Trust Co , Harrisburg,Trus., Plym outh A K in g sto n ,) 1890
5 J.-J.
35,000
Jan. 1, 1910
(* 1,000) g o ld ...... o! . or at M anufacturers’ Tr. Co., Providence, R. I.
1st m ortgage, $35,000, [-In terest at In tern a tion a l Trust Company,
Bonds—The rem aining *500,000 unissued bonds can only be issued
o. $100-*500 ($ 1 ,0 0 0 ).) Boston, Trustee.
at par under strict provisions and w ith the approval of the trustee, R eal estate m o rtg a g e..................................
10,000
.................
fo r betterments and additions.
Bonds—O f the new *300,000 m ortgage, $35,000 are reserved to
R oad —Owns and operates 20 miles o f track in and around Greens retire the Plym outh A K in gston Ry. bonds, and $30,000 fo r fu tu re
burg, Pa., w ith 14 miles under construction; owns in fee tw o pleasure extensions and Im provem ents.
parks.
Earnings —F o r year ending Sept. 30, 1901, gross, $85,128; net,
OFFICERS—President, E. M. Freebum , H arrisburg, Pa.; Secretary,
$20,926; interest and taxes, *18,936; surplus, $1,990.
R. F. Shaffner, H arrisburg, P a.—V. 73, p. 33.
R oad —Iu August, 1900, road was pu t in operation, exten d in g from
Plym outh through Kingston, Pem broke and Hanson to Whitman, a
ST. C L A I R I N C L I N E P L A N E - A cable road.
O r g a n iz a t io n —Chartered Sept. 9,1885. Road com pleted in 1889. tota l o f 23'8 miles o f traok. Operates 27 passenger and 2 other cars.
OFFICERS—President, James D. Thurber; Vice-President, Chas. I.
Stock, *150,000 f. p.; 1st m ortgage, *1,000 each; 6s, M -N , $75,000.
due N ov. 7, 1909. In terest at T. M ellon & Sons’ Bank. D ividends Litchfield; Treasurer, E. J. B. Huntoon; Clerk, Benj. H. D ibblee;
Managers, Stone A W ebster.—V. 71, p. 1167; V . 72, p. 44.
—In January, 1893, 2:>3 per cent. Road is four-tenths of a m ile lo n g.
Ea r n i n g s - F o r year ending Dec. 31, 1901, gross, $16,223. In 1900
gross, *16,343; net, $897.
OFFICERS—Pres, and S upt.,W . S. Hughes; Treasurer, R. B. M ellon;
P o pulatio n in 1900 kWAS 4,639; in 1890 w a s 4,726.
Secretary. H. A. Phillips. Office, 514 Smithfield St., Pittsburg.
POMEROY,
O H IO .
O H IO R I V E R E L E C T R I C RY. & F O W E R . -
P I T T S F I E L D , M A SS .
P o p u l a t io n in 1900 w a s 21,766; in 1890 w a s 17,281;
a n d in 1880 w a s 13,364.
P IT T S F IE L D E L E C T R I C
R A IL W A Y —
O r g a n iz a t io n - E t c .—stock June, 1902, *130,000; bonds, $55,000;
onds are gold 5s (J-J), *30.000, m aturing Jan. 1,1904; $15,000 5s.
due Ju ly 1, 1906, and $10,000 IL js, due March 1. 1909; interest at
Third N ational Bank, Pittsiield, Mass. Owns 15-735 miles o f track.
A n extension to Cheshire and Hinsdale is proposed. Tn October, 1901,
stock was increased to $130,000. In M ay, 1902, petitioned R R. Com
mission fo r permission to increase issue of bonds to *200,000. For
ear ending Oct. 1, 1901, gross, *86,897; net, $20,673; taxes and
iterest, *7,074; dividends (6 p. o. on *30,000) *4 ,800; balance,
surplus. $8,799. Pres., Joseph Tu cker; Treasurer, Charles E. M errill;
Seo’y, J. M. Stevenson.—V. 73, p. 900; V. 74, p. 1253, 1309.
t
S
( 1 ) H O O SAC V A L L E Y S T R E E T R Y .—T ro lley road.
This road was purchased
in June. 1902, b y a syndicate composed o f stockholders o f the P itts
field Electrio R y. N o consolidation is thought o f at present.
STOCK, B o n d s , E t c .—
Date. Interest. Outstand'g. M a tu rity , etc.
Stock, par $100................................................ $100,000
1901, 6 p. o.
1a* Xfrvr+trQ era
1 QQ7 5 5 J&J
100,000
Ju ly 1, 1917
1st M ortga ge........................ 1897 ^ In t at N e w EnsL T r . Co.( trustee.
Unfund, debt Sept. 30,1901...........................
79,691
....................
ROAD.—Owns 13 miles o f main lin e track and 0-42 miles o f sid
ings, etc. Extension to W illiam stow n, 6 miles, was completed in 1896.
EARNINQS-For ye a r ending Sept. 30, 1901, gross, $100,813; net,
$28,173; oharges, $18,691; dividends (6 p. c.), *6,000; surplus, $3,482.—V. 74, p. 1308.
O r g a n iz a t io n —Chartered A p ril 7,1886.
B E R K S H IR E STREET R Y
—A tro lle y road.
O r g an iz a tio n —In co rp o ra ted in Massachusetts on June 20,1901.
STOCK & Bonds —
Date.
Interest.
Outstand’g.
M aturity .
Stock, $750,000 (*1 0 0 )..................................
(?)
.
1st mort., *5 00 ,0 0 0 ) 1902
5 g. J-D
$500,000 June i , 1922
gold ($1,000)...... e* 5 Girard Trust Co., Philadelphia, trustee.
R o a d —I s building a road from Pittsfield through Cheshire to G reat
Barrington, 42 miles, o f which Pittsfield to Cheshire was put in opera
tion in June, 1902. the rem ainder is nearing completion.
O ffic e r s —P resident, R. D. G illett; Vice-President, B. D. Rising;
Treasurer, A rth u r W. Eaton; Clerk, Franklin W eston.—V. 73, p. 1263;
V. 74, p. 726,1088, 1307.
A tro lley road.
O r g a n iz a t io n In corporated in 1900 to build an electrio ra ilw a y
from M iddleport, Ohio, through P o m eroy and Syracuse to Racine, Ohio.
STOCK a n d B o n d s —
Date. Interesi. Outstand’g. M aturtty.
Stock, $300,000 ($25)..................................... $300,000
............. .......
1st m tge., $315,000, g o ld ,) 1900 5 g. J-J
300,000
Ju ly 1,1 924
($100, $500, $1,000) ..c* ) In t. at Un. Surety A Guar. Co.,Pliila.,Trus.
R oad —Owns and operates 12’1 m iles o f road, whioh was put ,in op
eration on N o v. 15,1900.
O fficers —President, Percy M. Chandler; Seoretary, M. N. W illits;
Treasurer. Geo. W. K endrick, 3d. G en eral office, H arrison Building,
Philadelphia, Pa.
P O R T J E R V I S , N. Y.
P o p u l a t io n 1900 w a s 9,385; i n 1890 w a s 9,327,
a n d in 1880 w a s 8,678.
P O R T JE R V IS E L E C T R IC L IG H T , P O W E R ,
G A S & RR. C o O r g a n iz a t io n —I s a consolidation in 1901, o f the P o rt Jervis Eleotric Street Ry. Co , the P o rt J ervis L igh t A P o w e r Co., the P o rt Jer\is Gas Co. and the D eer P a rk E eotrio Co.
STOCK & B on d s —
Date.
Interest. Outstand’g,
M aturity.
Stock, $450,000. *1 0 0 .................................
$450,000
.................
1st M o rtg’ e, *450,000 )■ 1902 5 g. J.-J.
275,OOo Jan. 1, 1932
($1,000) go ld ....... c* ) In t. at K nickerbocker T ru st Co., N. Y ., Trustee.
Bonds— O f the authorized issue o f *450,000, *175,000 are reserved
fo r extensions and im provem ents at the rate o f 85% of cost.
R oad —Operates 4 ^ miles o f traok, 65-lb. T rail. Extensions are
proposed. Supplies the c ity w ith light.
O fficers —President, R. H. Beach; Treasurer and Gen’l M gr., C. R.
H orn, 26 C ortlandt St., N. Y . City.—V. 74, p. 380.
PORTLAND,
P o pulatio n 1900
an d i n
PORTLAND
ME.
50,145; in 1890
1880 w a s 33,810.
w as
w as
36,425
R A I L R O A D . —Trolley.
O rgan ization —Chartered March. 1863, under law s of Maine.
Con
trols Portland A Cape Elizabeth Ry., Cape Elizabeth St. Ry., Portlan d
A Yarm outh E lectrio R a ilw a y and W estbrook Windham A Naples.
P ra ctica lly all o f the oapital stook o f those companies together w ith
STREET
74
RAILWAYS,
the cLiCipeLpflU# i^35' ,uoo) of hi at mortgage booda of the Portland A
Yam •ithE lectric Ity , has be«D pk<<G*-d a-saecttrity for the coiieoli
dated Uiut! awe boudaof the Portland KU
dfabt in 25 Luiifca. Tin- Portlan d K y U not rr*poa*iol© fo r Uitercct on
th© Mt-.Tfopolit*ii Ry l «t m o rtg a g e 6s, o f w hich #145,000 are outatand.
la g hut were not included in the reorgan ization .
TGC'K, & BONOS—
Mites, Date, Interest. Q uU l'ng.
t
.autb,$1,000,000, $100 .
6
P. \ .
#9017,973
P o r h K lG U t M .# 500,000 g
1893 4Sig- M N 500,000
R q a o —O w n s 29 m iles o f e le c tr ic a n d 2 m ile s o f c a b le ; to ta l, 31
m ile © ; ;j ft, 6 In. g a u g e ; laid w itn 40-lb. T a n d 33 lb, g l i d e r ra ils ;
operate© 58 electric -m otors, 12 t r a il cai© , 16 g r ip c a b le car© and 6 o th er
car© ; to ta l, 92 car©. P o w e r U fu rn is h e d b y the P o r tla n d G eneral
E le c tr ic Co.
O f f ic e r ^ - P r e s id e n t, O. F . P a x t o n ; V ice P r e u d e n i. W. H . C rock er,
S e c re ta ry , F r a n k L, B ro w n , 8 At 10 P in e St , S an F r a n c is c o ; T re a s u re r,
J. O. A in © w o rth ; Gen. M an ., F. I. F u lle r ; A u d ito r , J F. B a tch eld er.
Dirteinrs D. G. M ills , New Y o rk ; W in. I I . C rock er, San F ra n c U e o ; J.C .
A in s w o rth , O. F. P a x to n a n d F. I. F u lle r . P o r tla n d , O re .— V . 7 0 ,p. 946.
M a tu rity
Sea text.
M ay 1, *13
P o n t A Cape Eliza. 1at / . . 1895 5 g. M -N 400,000 N ov. 1, *15
M. #400,000 4 (#1.000) s (a t,a t Am erii-aa L .A Tr.Co. .B oston. m u te© .
Port- UK l » t cun , #3 000,000 *1901 3
J J #1.100,000 Ju ly 1/ 51
(#1,01.0 a $ 00) g o ld .......e* s liit. payde at Port, T r Co , P o rt./ f r u u u
jjomtit—Qt the au thorized U-um o f #3.000,000 t-oa«up, #1.000,000
are reserved to la tlre #900,000 p rior liens and #900,000 are held for
cAteiisiuns Bonds ta n be ealit*>j at par oq any interest date a fte r July
1 ,1 9 3 1
P ortlan d R R , Co. guarantees the in terest on the #10 ,000
bonds o f the P o rt land A Cape E lizabeth B y , but not the p r in c ip a l
D ivid end s— In y e a r 1892-93, 4 per cent; In 1894, A u g., 3 p. e>; In
1895, 6 p. o.; in 1896, 6 p. c.; in ls 9 7 , 6 p. c.; in 1898, 6 p. e.; in 1899,
6 p. e ; in 1900, 5 p e.; 1901, 6 p o
R oad —Operates b e tw e e n 85 and 90 m iles o f track, inclu ding a lin e
from P o rtla n d to Yarm ou th , a lin e fro m P o rtla n d to Cape E lizabeth,
an extension to Saeo (c o m p le te d M ay, 1902;, and a lin e to O ld O rchard
Beach.
A n n u a l R e p o r t - Cor the years ending June 30 as below , n ot in clu d
ing the Portlan d A Y a rm ou th E lectric By.;
1901
1900.
I
'
1901.
1900.
Gross e a r n s ...# 4 7 ', 598 $4 3,511 | T a x e s .................... ,$8,954 $9,954
N e t earnings. 137,095
123,354 D iv id e n d s .............. 59,856 49,780
In t e r e s t . . . ___
50,722
46,709 |Surplus fo r y e a r ... 18,163 21,911
OFFICERS—P resid en t, W in , R. W o o d ; S ecretary, T rea su rer and Pu r
chasing A gen t, E. A . N ew m an. Office, P ortla n d , Me. Y . 68, p. 3:81; V .
73, p 139.
_
PORTLAND,
ORE.
P o p u l a t io n 1900 w a s 90,426; i n 1890 w a s 46.385,
AND IN 1880 WAS 17,577,
C IT Y
& S U B U R B A N R Y .-1
T r o lle y a n d Bteam ro a d .
O RG AN i z a t i o n — In c o r p o r a te d in 1891 as su ccessor to th e W illa
m e tte B rid g e B y. a n d T ra u s -ro n t l mm m l S tr e e t B y , I n A p r il, 1899,
a c q u ire d a ll ih e sto ck o f th e P o r tla n d A P a ir v ie w a t 20 cen ts on t h e
d o lla r. On Oct. 17, 1900, p u rch a sed th e S econ d S tr e e t R a ilw a y , o f 3*8
m iles, (p r e v io u s ly lea sed ) fr o m th e M e tr o p o lita n R K . fo r $130,000.
STOCK & B o n d s —
Date,
Interest. Outstandq.
M a tu rity .
S t’k .a u th . $2,500,0 00 ($ 1 0 0 )...........
A -O
$1,250 000 A p r ., 1> 02,2%
W illa m e tte B r id g e B y ., 1st \ 1889 6 M - S
100,000 S ep t.1 ,1 9 1 9
m o rtg a g e , $1,000 e a c h ....... I In t a t A m . L o a n & T r ., B o sto n , T ru stee.
C ity & Sub. consol. M ., n o t J 1891 6 g .M - S
97,000 S ep t. 1,1916
subj. to ca ll, $1,000 ea ch ,g. t In t .a t Sec. S a v .A T r .C o ., P o r t la n d ,T ) us.
C ity & Sub., n e w m o lt., $3,- c 1900
4 J - J
1,000,000 J u n e 1,1930
000 ,0 00 ( $ l , 000 isub. to c a ll \ In t e r e s t a t S e c u rity 8 a v ’ ga At T r u s t Co.,
at p a r afr. J u n e 1, ’ 15..c*g. (
P o r tla n d , T ru s te e .
B o n d s —T h e n e w m o it g a g e fo r $3,000,0 00 w a s g iv e n f o r th e p u rp ose
o f r e tir in g a ll o u ts ta n d in g 6 s, and f o r *-xtensions.
D iv ia tn d i—In 1901, 4 p e r c en t. I n 1902, A p r il 15, 2 p e r c en t.
r o a d .— O p e ra te s 64 m iles o f tra c k , in c lu d in g th ir te e n d iffe re n t lin es,
o f w h ic h e le v e n s ta rt fr o m th e c o rn e r o f T h ir d and Y a m h ill s tre ets.
B u n s to M t. T a b o r an d St. John s.
A b o u t 8 m iles a re o p e ra te d b y
steam and 56 m ile s b y t r o lle y . T h e p a r t o p e r a te d b y s te a m w ill
s h o r tly be c o n v e r te d in to e le c tr ic it y . R a ils 30 a n d 40 lb . T and
g ir d e r ; 75 e le c tr ic ca rs and 2 s tea m m o to rs .
OFFICERS.— P re s id e n t, T . W o o d w a r o ; V ic e -P re s id e n t, W . H . C o rb e tt;
S ec’y and T r e a s ’ r, C. F. S w ig e r t; G e n e ra l M a n a g e r, H . C. C a m p b e ll.
IN D E X -V . 62, p. 86; V . 7 1, p. 1066, 112 0 .
P O R T S M O U T H , N. H.
P o p u l a t io n 1900 w a s 10,637; is 1890 WAS 9,827;
a s o is 1880 w a s 9,690.
P O R T SM O U T H K IT T E R Y & YO RK ST R E E T
R Y - i trolley road,
STOCK & BONDS—
Date.
In tere st, O utstanding.
M aturity.
..........
$221,100
1901,6%.
S to ck ,$236),OOu ($100).. . . . . . .
1st M., $200,000. go ld i
1897
6 g. M. 8.
2t 0,000
1017.
($500 and $1,000).-. i In t at W a tery. T r Co., W a ttrv iiX e,M e , Trustee
E arnings —F o r fiscal years en d in g June 30:
(trass.
yet
Fixed <hurges. D ivid end s.
Balance.
1 9 0 1 .. . $7^,797
$27 062
$13,862
$13,252
def. 852
1 9 0 0 .. .. 71,180
24.713
12,451
15,996
def.3,729
R o a d —Operates 15*65 miles o f tra ck con n ectin g th e points named
In the title; 14 ears. A ls o owns fe r r y to Porte mouth; 1 fe rry b o a t and
1 steam boat.
OFFICERS— Presiden t, K. Burton H u rt Jr., N e w York; Y ie e -P r evident*
Tlito. L. P eters, N e w Y o rk ; Treasu rer, W. G* M eloon, K iit e r y , Me.
PORTSMOUTH, VA.
P o p u l a t io n 1900 w a s 17,4 27; in 1890 w a s 13,268,
and in
P O R T L A N D C IT Y & O R E G O N R A I L W A Y . —
O r g a n iz a t io n —On Deo. 8 ,1 900, the old E a st 8ide R a ilw a y w as pur
ch a fed at foreclosu re sale b y Mr. Fred. S. M orris, o f M orris & Whitehead, bankers, who w *r e the ow n ers o f the 1st and 2d m ortgages, and
the present com pany o rgan ized on Jan. 31, 1901. $150,000 has been
expen ded on im p rovem en ts and ro llin g stock under the n ew m anage
m ent.
STOCK & B o n d s —
Date.
Interest.
Outstand’g. M a tu rity .
Stk., $500,000 ($1,000)
.............................
$500,000
.....................
1st m o rtg a g e.$500,000 5 1901
6 g. F - A
400,000 Feb. 15, 1921
($1,0*. 0) g o l d ...... *c X In t. at N o rth Am. Tr. Co., N. Y ., Trustee.
Bonds—W hole issue can he called a fte r Feb. 15, 1911, at par and
accrued interest, upon 60 days* notice
S in k in g f u n d o f $5,000 per
annum for the first our years and $10,000 th e rea fter, becom es opera
t iv e on Feb. 15, 1907.
R o a d —O perates 23 m iles o f road on the east side o f the riv e r, includ
in g the lin e above O regon C ity (F a lls o f W illa m e tte R iv e r) to Canemah,
and branches to M ount T a b o r ana to M ou nt Scott.
OFFICERS— President. W. H . H u rlbu rt; secreta ry, W . T. M uir; T re a s
urer, F. S. M orris.—V 69, p. 283; V . 71, p. 1012, 1269.
PORTLAND
R A I L W A Y - A n e lec tric road.
O r g a n iz a t io n —A reorgan ization in 1896 o f the Consolidated S treet
R y.. sold in foreclosure Jan. 8,1896. On M arch 1, 1900, consolidated
w ith the P rtla n d T ra ctio n , the la tte r com pany deedin g its p rop erty
to the R a ilw a y Co. N o addition al stock and bonds w ere issued fo r
this purpose. V. 70, p. 946. The P o rtla n d T ractio n , w h ile it thus no
lo n g er owns any tra ck or equipm ent, s till m aintains its organ ization ,
and as a com pany ow ns the co n troL in g in terest in the stock o f the
P o rtla n d R a ilw a y.
STOCK & B o n d s .—
Date. Interests Outstanding. L a s t D iv .,e tc .
Stock,com. ,$700,000. $ 1 0 0 .
$700,000
...................
P re f., 5 p-c., non cum.
$100,000.................................
5 J -J
100,000
..................
M u lt’mah St.Ry. 1st M .g . ) 1890
6g. J -D
148,000 June 1,1910
G o ld .......................... o* s Int. at Am . Tr. & Sav. Bank, Chicago, trus.
Port, a V a n c o u ve r R y . c * 1889
6 .......
100,000 ...................
P o r t.R y .ls t con.M .,g. o U 1896
5g. J-J
552,000 Jan. 1,1 9 1 6
subj.to ca ll J a n .l, 1906.. $ In tere st at M erca n tile Trust, N. Y ., trustee.
P o rtla n d R a ilw a y first consol. m o rtg a g e is fo r $2,500,000 ($250, $500
and $1,000) of which bonds forl$2 48,00 0 are reserved to ta k e up at
m atu rity the M ultnom ah and the P o rt. & V a n cou ver bonds, $497,000
issued in reorga n iza tion , $55,000 fo r betterm en t, balance authorized as
requ ired at $20,000 per m ile fo r new road. Consols h ave a sin kin g fund
o f 5 p. o. p er annum, beginu in g Jan. 1,1 906, and are redeem ab le at
p a r and accrued in terest.
Th e m ile a g e co vered b y presen t m o rtg a g e>
11,39 0 .
P o rts m o u th St. R y . Co., th e N o r fo lk C o u n ty R y. Co., th e R iv e r F r o n t
R R . Co. and th e V ir g in ia E q u ip m e n t Co. S ee V .7 2 .p . 481.
C o m p a n y w a s g iv e n p e rm is s io n b y A c t o f Deo. 17, 1901, to In c re a s e
its c a p ita l s to ck to $ 2 , 000,000 and to c r e a te d iv is io n a l m o rtg a g e s .
STOCK & BONDS—
Date. Interest. OulstaruVg.
Maturity.
* P k auth., $100, $2,000,0 00 ..........................
$53 5,000
................
P o rtsu outh 8 re e t K y ., 1 s t ) A p r .,’ 98 6 g. J-J
142.000
Jan. 1918
m o rtg a g e $142,000 ....... j U n . 8 eo L if e In s. <k T r. Co . P h ila ., tru stee.
P o rtsm o u th s t r e e t R y ., 2d ) A p r ., 98 6 g. J-J $ 1 0 0,000
J a D „ 1918
m o r tg a g e $ 1 0 0 ,0 0 0 .........$ U n. Beo. L if e In s . A T r. Co., P h ila .. tru stee.
P o rts m o u th St. R y . im p . & ) M a r.,’ 00 6 g. J J $ 1 0 0,000
J u ly , 1920
e x t. m o rt. $ 1 0 0 ,0 0 0 ..— s C o lo n ia l T r u s t Co., P h ila d e lp h ia , trustee.
RlF o O FOOOtKu f r ' i r u T a n ' F
5 g. J J $ 2 0 0 ,0 0 0
J u ly . 1930
in t . b y P o m m o u t h S t K y S C o lo n ia l T r u s t Co., P h ila d e lp h ia . tru stee.
R o a d —O w n s 18 m ile s o f s in g le tra c k , e x c lu s iv e o f sidiDgs. R a ils
70 lb g ir d e r an d 56 lb. T . H a s 15 e le c tr ic t r o lle y , 4 o th e r p a sse n g er,
and 4 fla t cars, a n d d u p lic a te p o w e r sta tion .
OFFICERS— P r e s id e n t, H o r a c e G. W il ia m s, P h t la ie lp h ia ; S e c re ta r y
and T r e a s u re r , M . H . L e o n a rd , P h ila d e li h ia; G e n d M g r., C liffo rd L
P u lle n . P o rts m o u th , V a . O ffice. 119 South F o u rth S tre e t P h ila d e lp h ia .
— V. 71, p. 183, 288, 343, £44; V. 72, p 481; V . 73, p. 1314.
& W E S T P O R T L A N D P A R K M O TO R .
O rganization —C h a rte re d A p r il 4, 1889. F r a n c h is e is p e r p e tu a l
A tro lle y read.
w as
atiou tributary to system estimated in 1900 at 40,000.
O r g a n i z a t i o n —F o r m e d F e b . 28, 1901, as a co n s o lid a tio n o f th e
C IT Y
e x c e p t th a t f o r t r o lle y , w h ic h ru n s t i l l 1912.
STOCK & B o n d s —
Date. Interest. Outstanding. Maturity .
8to o k , $ 10 0 ,0 0 0 ....................................................
$ 100,000
.............
1st M ., $ 1 0 0 ,000 , g o ld , $ 1 0 0 < 1891
6 J -J
100,000 J u ly 1 ,1 9 1 1
a n d $ 1 ,0 0 0 ............................\
N o t s u b je c t to ca ll.
Interest a t Illin o is T r u s t & S a v in g s B a n k , tru s te e , C h ic a g o , 111.
R o a d -O w n s 7 m ile s o f tr a c k in P o r t la n d , e x te n d in g t o su bu rb s of
W e s t P o r tla n d P a rk . T r o lle y , 1 m .; stea m , 6 m . R a ils 35 a n d 50-lb. T »
OFFICERS— P r e s id e n t, E . T . J o h n so n ; V ic e - P r e s id e n t,T r e a s u r e r , G en.
M a n a g e r and P u rc h a s in g A g e n t ,T . A . W o o d ; S e c re ta r y ,W . H o s e a W o o d .
1880
O L D D O M I N I O N R A I L W A Y CO.-Trolley. Popu-
PO T T SV ILU E ,
PA.
P o p u l a t io n 1900
w a s 15,710; in 1890 w a s 14,117,
a n d in 1880 w a s 13,253,
PO T T S V ILL E
road.
U N IO N
T R A C T I O N . —A
trolley
O r g a n i z a t i o n —O n M a y 15,1899, th e P o t t s v ille U n io n T r a c tio n w a s
In c o rp o ra te d a t H a ir is h u r g (c h a r te r p e r p e tu a l) f o r th e p u rp ose of
c o n s o lid a tin g th e f o llo w in g lin es, w h ic h a re o p e ra te d b y v ir t u e of
c o n tro l o f stock s and o f le a s e h o ld s : S c h u y lk ill E l. R y. Co., P o t t s v ille &
R e a d in g R y . Co., T a m a q u a & P o t t s v ille E le c tr ic R R , S c h u y lk ill
H a v e n & O r w ig s b u r g S t R y ., C o a l C a stle E le c tr ic R y ., P e o p le ’ s R y .
C o m p a n y o f P o t t s v ille , and th e P o r t C a rb o n <fe M id d le p o r t E le c tr ic R y .,
c o m p r is in g th e e le c tr ic r a ilw a y s of P o t t s v ille , Y o r k \ ille , M in e r s v ille ,
P a lo A lt o . B e lm o n t C u m b ola , M o u n t * a rb on . P o r t C a rb on , S ain t
C la ir , N e w P h ila d e lp h ia , M id d le p o r t. S c h u y lk ill H a v e n , A d a m s d a le ,
O rw ig s b u rg . C o a l C a stle, G le n C arb on , T u m b lin g Run.
STOCK & B o n d s —
Date.
Interest.
Out8tand}g.
Maturity.
S tock , $50, fu ll p a id .........................................
$1,250,0 00
.................
1st M .,$1,2 5 0 ,OOOgold. S 1899
5 g .M -S
1,117,000 Sept. 1 ,1 9 2 9
$50 0 and $ l, 0 0 0 . . . c * } I d L a t R e a l E s ta te T r u s t Co., P h ila ., tru s te e .
Bands— O f tn e $1,117,* 00 issu ed , $394,06)0 h a v e been d e p o s ite d
w ith t b e tru s te e s f o r th e p u rp o s e o f r e tir in g a ll o u ts ta n d in g bon d s o f
th e a b o v e le a s e d co m p a n ies; th e $13 -5,00 bonds u nissu ed is r e s e r v e d
fo r a c q u irin g a d d itio n a l m ile a g e a n d n e c e s s a ry e q u ip m e n t f o r sam e.
EARNINGS—F o r fl\ e m on th s to M a y 31, 1902 gross, $61,3F9, a g a in s t
$58.2) 2. F o r c a le n d a r y e a r 1901, g ro s s, $173,^10; n e t, $79 ,±44.
I n 1900, gros s, $142,466; n et, $64,979.
R oad —O w n s and o p e ra te s 15 3-10 m ile s o f tra c k ; s ta n d a rd g a u g e ,
60-lb. T and 9 o lb . g ir d e r ra ils ; o p e ra te s 45 m o to r a n d 7 t r a i l cars.
OFFICERS—P r e s id e n t C la re n c e P . K in g ; V ic e -P re s ., Ih o s . B. P r o s
ser; S e c re ta r y , W illia m C. P o llo c k , J r.; T r e a s u re r , Jos. B. H o e llm a n ;
8 u p t., D. J. D u n can . G e n e ra l office, P o t t s v ille ; P resid e* t ’ s o ffice
R o o m 1 309, R e a l E s t a t e T r u s t B u ild in g , P h ila d e lp h ia .—V . 69, p. 441.
( 1 ) S C H U Y L K I L L E L E C T R I C R Y . —A t r o lle y ro a d .
O r g a n iz a t io n —C h a rte re d o n O ct. 4, 1 8 *9 , f o r 99 y e a rs a n d le a s e d
to th e P o t t s v ille U n io n T r a c tio n Co.; fra n c h is e s p e rp e tu a l.
STOCK & B o n d s —
Date.
Interest. Outstanding. Maturity.
Stock, $650,000 ($50)......................................
$650,000
...............
1st m o r tg a g e , t o l a .c*> 1895
6 g .F -A
500,000 F e b . 1, 192 5
$500,0u0($5c0&$l,000 > In t. a t R e a l E s t a t e T r u s t Co., P h ila ,, tru st.
( 2 ) P O T T S V I L L E & R E A D I N G R A I L W A Y . — A t r o lle y ro a d .
O r g a n iz a t io n —C h a rte r e d o n M a y 5 ,1 8 9 2 , f o r 999 ye a rs, a n d is
lea sed to th e P o t t s v ille U n io n T r a c tio n Co.
as fo llo w s :
I t s sec u rities, e tc ., are
S t o c k & Bo n d s —
Date.
Interest. Outstand9g.
Maturity .
S tock , $1 0 0 ,0 0 0 ($50 p a r )...............................
$56 ,600
...................
1st M . go ld , e* $ 1 0 0 ,0 0 0 > 1895
6 g. F - A
100,060
F eb . 1, 1925
($ ) ,0 0 0 )......... ................ $ In t . a t R e a l E s F T r.C o ., P h ila d e p h ia, Trus.
( 3 ) T A M A Q U A & P O T T S V I L L E E L E C T R I C R Y . — A t r o lle y ro a d .
O r g a n iz a t io n —1
f h a r te re d on M a y 5, 1392, fo r 999 y e a rs , and is
lea sed to th e P o t t s v ille U n io n T r a c t io n Co.
F ra n c h is e s a re f o r 999
ye a rs.
STOCK & B o n d s —
Date .
Interest.
Outstand'g.
Maturity .
S to ck , $60 ,000 ( $ 5 0 ) . . . . .................................
$60,000
................
1 at M $250 000 f$5 00 ^ 1395
6 J-J
60,000 Jan . 15, 1925
nnm P*
1
a t C o lu m b ia A v e . 8 a v .F d . T, & T r . Co.,
$ i,u u u ) c .................. -• (
P h ila d e lp h ia , T ru s te e.
STREET
( 4 ) S C H U Y L K IL L
HAVEN
A
O R W IG S B U R G
STREET
R V .-A
tro lley road.
O r g a n iz a t io n —1
C hartered on M arch 4, 1898, fo r 999 years and
Is leased to P o tts v llle Union T ra c tio n Co. Franchises perpetu al.
STOCK db BONDS—
Date,
Interest, O utstand'g.
M a tu rity .
Stock, $60,000 ($ 5 0 ).........................................
$30,000
........ .
. f M.
ivr $00,000
non ($
/*il,0nnm
l Iu
1898
5 M E8t
N
M ayTrustee.
1, 1928
1st
0 0 ).On* . £
t a t R oal
Tr< 60,000
Co.. ph lia.,
( 5 ) C O A L C A S T L E E L E C T R IC R Y .—A tro lle y road.
ORGANIZATION—C h artered on M arch 10, 1899, fo r 99 years, and
leased to P o tts v ille Union T ra c tio n Co.
STOCK & B o n d s —
Date. Interest. Outstanding. M a tu rity .
Stock, $3o[000 ($ 5 0 ).........................................
T • T in on
1fl*
1
a* S 1 8 "
5 J-I>
30,000 June 1, 1929
1st M. $30,i>00 ($ l,0 0 0 ).c j InC at R ea l Kgt •pr# co ., Phlia., iTU stee.
( 6 ) P E O P L E ’S R A I L W A Y —A tr o lle y road.
ORGANIZATION -L e a s e d to P o tts v lle Union T ra ctio n Co.
(7) P O R T C A R B O N A M ID D L E P O R T E L E C T R IC R A I L W A Y C O M
P A N Y .—A tro lle y road.
O r g a n iz a t io n -C h a rtered Ju ly 5, 1 98, fo r 999 years. L ea sed to
the P o tts v ille Union T ractio n Com pany. Stock authorized, $l00 ,0o0;
$50 per share; outstanding. .+93,000. N o bonded indebtedness. Road
extends from P o rt Carbon to B eluiont, Cumbola, N ew Ph ila d elp h ia and
M iddleport; a to ta l o f 6 m iles o f road.
PO U G H K E E PSIE ,
N.
70
RAILWAYS.
Y.
P o p u l a t io n 1900 w a s 24,029; in 1890 w a s 22,206,
a n d in 1880 w a s 20,207.
P O U G H K E E P S IE
C IT Y & W A P P I N G E R S
F A L L S E L E C T R I C R A I L W A Y - A tr o lle y road.
O r g a n iz a t io n .—C h artered M arch 22, 1894.
STOCK & BONDS—
M iles. Date. Interest. Outstand’g. M a tu rity .
St’k, $750,000,par$100 ...................................... $750,000 f.p ...................
1st M. gold$1 .000s. f. J
20 1894 5 g. J-J
404,000 J u ly 1,1924
no opt., $500,000.6*. ( Trustee, Cent. Tru st Co., N . Y . In t.iu N . Y .C ity .
R o n d # -T h e bonds are lim ited to $25,000 per m ile o f com p leted
tr o lle y road, $10,000 o f this bein g issuable when track is la id and re
m ain ing $15,000 when equ ipped w ith tro lle y . N o bonds can be issued
In excess o f $500,000 “ until the stockholders o f this com pan y shall
consent to such excess in the m anner p rovid ed by the law s o f the State
o f N e w Y o r x ” Siuking fund, begin n in g Jan. 1, 1897, equ al to 1 per
cent o f the ‘ 'b o n d s issued hereunder” ; bonds purchased at n ot ex c e e d
in g 110.
R oad —Owns 15*60 m iles o f road ; second track, 1*14 in.; sidings, *59
m.; to ta l, 17*33 m iles o f track.
E arn in g s —Y e a r ending June 30, 1901, gross, $86,600; net, $34,777;
in terest and taxes, $25,^92; balance, surplus. $9 185.
OFFICERS—President, J. W. H in k le y ,489-493 Main St., P ou gh keep sie,
N. Y.; S ecretary and T rea su rer, Silas H in k ley, Poughkeepsie.
P R O V I D E N C E , R. 1.
P o p u l a t io n i n 1900 w a s 175,597; in 1890 w a s 132,146,
a n d i n 1880 w a s 104,856.
R H O D E IS L A N D S E C U R IT IE S C O M P A N Y O r Qa n i z a t i o n —In c o rp o ra te d iu tfe w J e rs e y in June, 1902,fo rth © pur
pose o f u n i'iu g under a sin gle m anagem ent ih e street ra ilw a y , gas and
electric lig h t properties o f P ro vid en c e and v icin ity . T h e U nited Gas
Im p ro vem en t Co. o f Ph iladelph ia, is p rom otin g the u n dertakin g and
guarantees ih « in te rest on a ll outstanding bonds and dividends on the
U n ited T ra c tio n 'to o k , u ntil $4 000,oOO shall have been expen ded fo r
extension s and n ew property. T h e Rhode Islan d Securities Com pany
w ill ow n a ll the stock ($2,000,000) o f the “ Rhode Island Co.,” (V. 74,
p. m84>, a corporation created in 1902 b y special A c t o f the Rhode
island Legislatu re. T h e “ R h od e Isla n d Co.” has leased the U nited
Trac. & Elec. Co fo r 999 years from Ju ly 1,1902, fo r 5 per cent on its
stock. Stockholder- o f the T ra c tio n Co. w ill also re ceive 25 shares ot
Rhode Isla n d secu rities stock fo r e v e ry lO o shares o f T rac. stock held.
CONTEMPLATfcD CAPITALIZATION.
Date. Interest. O utstanding. M a tu rity .
A m oun ts authorizt d—
$12,009,000 .............. .
Stock, $20,000,000
. .
Bonds, her. A , $=>,000,000, > in n o
3,500,000
193£
sinking fund 1% \ e a rly s
B o n d S e r . B , $ i5,000,OuO,) 1QOo
1932
(D
no sin kin g fu n d........ .
{
B o n d s .- T h e bonds and stock above rep orted outstanding w ere issued
against the lease o f the U n ited T ra o tio n Co. T h e rem a in in g stock and
bonds can be issued o n ly upon acqu irin g, b y lease o r oth erw ise, the
gas and e lec tric lig h t p rop erties —V. 74, p. 578, 884, 1090, 1L *0.
O f f ic e r s or Rhode 'Sland Com pany— ^resident, M a d d e n J. P e rry .
Provid en ce; V ire-P res’ ts, Samuel P. Colt, Provid en ce; R a n d a l M o rgan
and W alton Clark, both o f Ph iladelph ia; Sec. and Treas.. L e m s L illie .
Ph iladelph ia; A * s ’t Treas., C y ril A . B abcock , Provid en ce; A s s ’t hec.
and Comp., v\ a lter R. E llio tt, P ro v id e n c e ; Gen 1 M gr., A lb e r t T. P o t
ter, P ro idence.
P R O V ID E N C E -P A W T U C K E T -R H O D E ISL
A N D S U B U R B A N R Y .—U M T E D T R A C lIO N & E L E C
Th is road has been leased fo r 999 years from July 1, 1902. at 5 per
oent on its sto *k to the Rhode Islan d Co. U nited T ra c tio n stockholders
are also to gr t fo r e v e r * fo u r shares o f stock one share o f the stock
o f the R. i. Securities Co. See statem en t or the la tte r above. Th e
U n ited Gas Im p ro ve n en tC o. o f Ph iladelph ia g u a r a n te e all dividends
on U n ited T ractio n stock u ntil the n ew Securities Co. shall h a v e e x
pended $4,000,o oo fo r exten sion s and n ew p rop erty.
ORGANIZATION United T ra ctio n <£ E le c tric C om pany, ch artered in
N e w Jersey, owns the U n ion R a ilro a d Com pany o f P ro vid en c e, the
P a w tu ck et S treet R a ilw a y Com pany and the Rhode Isla n d Suburban
R a ilw a y C om p an y, a d thus controls the entire street ra ilw a y sys
tem s o f the cities o f P rovid en ce, Pa w tu ck et and C entral Falls, and of
the counties o f K en t, W ashington B ristol and Pro\ iden ce, servin g a
popu lation o f n ot less than 350,000.
STOCK & B o n d s —
Date. Interest.
O utstanding. D iv .fM a t.t E tc.
S to ck ........ ..................................
Q-J
$8,000,000 Ju ly, 1902,1%
1893 5 S -M . - S.
8,702,000 Mar. 1, 1933
1st (00 * ) M. *1,000. g 5 l n l e™st p a ya b le at C en tral Tr., N. Y „ Trustee.
D ividends—In July, 1897, th e com pany began p a y in g q u a rterly
divid en d s at the ra te o f 2 p. c. p er annum. Th is w as g ra d u ally in
creased to 1 p. c. q u arterly Jan , 1899, w hich rate has been continued.
Bonds - T o t a l issue lim ite i 10 $9.0u0,000, o f which $8.o00,000 * e r e
o rig in a lly issued to purchase and equip the properties. B y the terms
o f th e m o rtg ag e the additional m il.lon was reserved to pay fo r new
track, w hich must be laid w ith in 18 m iles o f the C ity H a ll o f P r o v i
dence, R L , fo r which b >nds can o n ly beissu ed at cost, but not ex ceed
in g $12,000 p er m ile o f euoh Dew track in clu din g equipm ent; $702,000
o f bonds had been issued up to Jan. 1, 1902.
S e c u r it ie s P le d g e d .—The bonds are secured b y the pled ge o f the
fo lio w in g securities deposited w ith th e C en tral T ru st C om pany or
N e w Y o rk as trustee o f the bond bolder <: all o f the $9,000,000 capital
stock o f the U n io n E li. or P rovid en ce, all o l the $500,000 capital stock
o f the Paw tucket Street By. (no bonds) and all o f the $3,000,000 first
m ortgage bonds o f the Union Jilt, o f P rovid en ce, and, through the
ownership o f the Union R ailroad Co., $299,800 o f the $300,000 capital
stock, being nil but tw o shares, o f the P r o r id m c e Cable Tramway (Jo.
(no bonds). Th e P rovid en ce Cable T ra m w a y Co. is leased to the Union
R ailroad Co. fo r 50 years fo r 6 per cen t on its capital stock.
T r e a s u r y S e c u r it ie s —T he United T rac tio n a E lectric Co. has in its
treasury the en tire ca p ita l stock ($5,000,000) o f the Rhode Island
Suburban R a ilw a y Com pany.
R o ad .—A l l th e a b o v e -d e s c rib e d ro a d s, 270 m iles, a re n o w o p e r a te d
b y e le c tr ic it y .
Strike, in June, 1902, com pany suffered fio m a strike o f its em
ployes.
Y e a r l y EARNINGS—Fiscal y e a r ends Dec. 31. E arnings h ave been:
Years end. Dec. 31—
Gross
Eel.
1895
.....................................................$1,631 614 46
$612,938 18
1896 ........................................................... 1,723,474 68
653.338 71
760.112 22
1897 .......................................................... 1,731,474 51
1898
....................................
1.774.199 63
750.186 38
1899
.......................................... ........ 2.019.009 (X)
861.737 84
1900 ......................................................... 2,382,257 54
826.836 00
886,026 47
19011........................................................ 2 702 3 3 12
N e t is the resu lt a fte r deducting taxes, repairs, dam ages, etc.
OFFICERS—Presiden t. Benjam in A . Jackson; V ice-President, Marsden
J. Perry; T reasu rer and S ecretary. Cornelius S. Sw eetlaud o f P r o v i
d e n c e .- V . 65, p 464; V. 68, p. 525, 1027; V. 70. p. 176,177; V . 74, p.
578 1198.
( 1 ) R. I. S U B U R B A N R Y .—A t r o lle y road
O r g a n iz a t io n —Chartered June 2, ’ 99,b y the L egisla tu re o f the State
of Rhode Islan d w ith p o w er to construct,purchase, lea^eor o p era te tr o l
ley roads in any p a rt o f the S tate except N e w p o rt Co. By the term s o f
It-* ch arter It is vested w ith the pow er «»f em inent dom ain.and the righ t
to tran sport passengers, freigh t, express m a tter and U nited States
m ail in any te rr ito r y w h ere it is au th orized to do business.
Date.
Interest. Outstand'g
M a tu rity .
S t o c k & Bo n d s —
..
$5,000,000 .....................
Stock, $5,000,000........... ........
1900 4 g . J.-J.
4,101,000
Jan. 1,1950
I s t . m . g . ($1,000) “ guar* 5 Union Tru st Co . Providence, Trustee.
p. A i.. $5,000,000... c* ^ In t. ac office o f the R y. Co., Provid en ce.
T h e U n ited T raction <fc E le c tric Co. ow ns the eu tire capital stock,
and guarantees the bonds, p rin cip a l and interest
Bonds.—Fu tu re issues are to be on p rop erty a ctu ally acqu ired to an
am ount not exceed in g cost, th ere bein g reserved in the hands o f the
trustee $318,* 00 to ta k e up and re tire $247,200 5 p. c. go ld first
m ortgage bonds o f the P a w tu x e t V a lle y E le c tric S treet R a ilw a y
Com pany and $70,000 6 p. c. go ld first m o rtg ag e bonds o f the Cum
berland S n e e t R a ilw a y C om pany, the fo rm er issue bein g guaran
teed, prin cip al and in terest, b y the U n ited T raction <fc EL c tric Com
pany. which gu arantees the p a ym en t o f the in terest on the C um ber
land bonds.
S e c u r it ie s P le d g e d —The bonds are secured b y a m o rtg a g e on a ll
the p ro p e rty ow n ed or lierea fter«acq u ired by it, and by pledge o f the
fo llo w in g se c u ritie s : 7 (0 shares o l the Cuin her land S treet Ry. Co.;
3.985 shares ot th e P a w tu x e t V a lle y E le c tric S treet R y. Co.; and 5,000
shares o f the B arrin gton W arren A B ristol S treet R y. Co.
R o ad —Owns and operates w h a t w as form erly the Oakland Beach
branch o f the N Y . N H A H. R R ., about 11 miles in length, and has
converted it into an e le c tric road, and ha*, in clu din g the sev era l d iv i
sions b u ilt in the highways, a to ta l o f 71 miles o f tiaek.
P R O V I D E N C E & D A N I E L S O N R Y - CO--A
tro lle y road.
O R G A N IZA TIO N .-In corporated in R h ode Islan d on A p ril 29,1898.
S t o c k & B o n d s — Date.
Interest.
O uU ta nd ’g.
M a tu rity .
Stoc k SHOO/>00, $ 100 ...............................
$800,OnO
...............
1st M., $600,000, > 1901
5 g .,M N
550,000
M a y 1,1931
go ld ($1,000)
s In t. at In d u stria l Trust Co., Providence, Trustee.
B mds.—N o sin kin g fun », and are n ot subject to call.
R o^D .—Constructing a lin e from P rovid en c e R I., to D anielson.
Conn.. 30 m iles
In .lune, 1902, about 18 m iles Was iu op era tion and
rem aind er n earin g com pletion.
O ff CERS.— President, F ra n k lin P. Ow en; S ecretary, F ra n k lin A .
Smith Jr.; Treasurer, Geo. W . Prentice; 8upt., J. E .T h ie L e n ; M an ager,
D. F. Sherman.
P R O V ID E N C E
& FALL
R IV E R
STREET
R Y - A tru lley road.
O r g a n iz a t io n .—I ncorporated in M arch. 1901, under the law s o f the
State o M assichu setts. P o p u la tio n served, 350,000.
Daie. Interest. Outstand’g.
M a tu rity .
S t o c k a n d Bo n d s ........ ...........
$165,000
.....................
Stock, $165,000...............
5g. J-J.
165,000
J u ly 1, 1921
1st m o rtg ag e, $200,000^ 1901
($1,000, g o ld ........... c*. ^ Int. at In du strial Tr. Co , Provid en ce, tru s
tee, or E iio t N a tio n a l B an k,B oston, Mass.
Bonds.—O f the au th orized issue o f $200*000, $35,000 a re reserved
fo r extensions.
E arnings — For the period from J u ly 1 to Oct. 1, 1901: Gross, $16,946; n et a fte r ta xes, $7,896.
R oad —Operates about 12 Lj m iles o f track betw een P ro vid en c e, R. I.,
and F a ll R iv e r, M a-s., w hich w as put in operation J u ly 1, 1901.
E xtension s to P a w tu c k et and to W arren , R. I., w ill prob a b ly be in op«
eration ea rly In the fa ll o f 1902.
OFFICERS - Presiden t, John J. W h ipp le; V ice-P res., W. H. Tru m bu ll;
Treas. and Clerk, G eo . A . Butm an, 8 Congress St., B oston, M ass.—V.
73, p. 33, 616.
P U E B L O , COL.
P o p u l a t io n 1900 w a s 28.157; in 1890 w a s 24,558
AND IN 1880 WAS 3,217
PUEBLO
road.
T R A C T I O N & L I G H T I N G - A trolley
O r g a n iz a t io n - T h is com pan y w as successor, in Dee., 1900, to the
Pu eb lo T ractio n A E lec tric Co., w hich was a consolidation iD 1899 of
the Pu eblo E lectric S treet R a ilw a y Co., and the Puebm L igh t fe P o w e r
Co. Owns all the street ra ilw a y, electrio lig h tin g a n d electric p o w er
interests in P u eblo. R a ilw a y fran ch ise ex p ires in 1942 and electrio
lig h t fran ch ise Jin 1924.
M a tu r ity .STOCK a n d B o n d s —
Date. Interest. Outstand’g.
St’ck $1,500,000 (p a r $100) ......................... $1,000,000 .....................
1st mtff-A $1 500 OOO croid ^ 1901 5 g. J -J
900,000 Jan. 1, 1921
+1,000,000, go ld > In t at in tern atio n a l Trust Co., Denver.
^ ,u * ........................ 0 ( trustee, or at M orton Trust Co., N. Y .
Bonds.—E n tire issue o f 1st m ort. bonds m »y be called a fter Jan. 1,
1906, at 104 and interest. A s in k in g fu nd o f $10,000 annually com
m ences in 1906 and m a y b e used to call bonds a fte r January, 1906,
at 104 and in terest; $100,000 o f the bonds are held in the treawury fo r
im p rovem en ts and s 500,000 are reserved fo r the purchase o f a gas
p la n t or fo r extensions.
R oad —Owns 21 m iles o f track, a ll in c ity o f Pueblo.
ST H£ET KA1LWA Y8.
(n
Jf l tie ) riii' eiit-Ulig l--1
900
1899.
13,439
17,547
iUOmuUlg til i 6ft
$1.80,652
114,166
$75,486
N et w a r i i l B ......
IKK)
Lntortfat on $000,000 5 per cen t hole
92
Burploa earuuigflk',,***,___ ___________ _____ $
OFFICERS—President, M. D. Thatcher; Vice-President T. a . D evine;
Treasurer, \v ant Rio© ; secretary, H. O. Baker. G eneral M anager,
John F. V a il.—V. 67, p, 530, 902; V. 68, p. 475, 1183; V , 72, p, 823,
Q U I N C Y , IL L .
‘OPULATIOS 1900 WAS 3(
TAS 31,494
AND i s 1880
Q U IN C Y
H O R S E
S t o c k & B o n d s — Dale.
R Yh
C A R R Y IN G -
Outstanding,
C O . -
M aturity .
S to ck , p a r $ 1 0 0 . . . . ...............
............
$600,000
......
1st m o rtg a g e , $ 5 0 0 * 1890
5 A -0
140,000
Oct. 1, 1910
each
l T r u s t’s, E, J. P a rk e r, J. P. G a rre tt, Q u in cy, 111.
1st consol. M. $550,-5 1898
5 «. A -O
$310,000
Oct. 1,1 9 1 8
000, g o ld ............o \ t In t, a t P o rtla n d T ru s t Go., P o rtla n d , M e., T ra s ,
Interest on first m o rtg a g e p a y a b le a t Q u incy (111.) T ru s t Co.
01 th e 5s o f 1898, $140,000 w ill b e used to re tir e th e 1st 5s and
$ 100,000 re ta in e d b y tru stee fo r fu tu re ex ten s io n s and im p ro vem en ts.
EARNINGS—F o r y e a r 1901, gross $104,923; in 1900, $98,461.
R o a d —O p era tes 15 m ile s o f tra ck .—V . 67, p. 372, 737
O ff ic e r s —P resid en t, C+eo. F . D u ncan , P o rtla n d , M e.; Seo., W . B.
M c K in le y , Q uincy, ill.; Txeas,, H e n ry P . C o x ; G en ’ l M g ’r . ;H . E. Chubboek,
_______
R E D L A N D S , CAL.
P o p u l a t i o n 1900 w a s 7,973; t n ;1890 w a s 4,683,
AND IN 1880 WAS 1,981.
R E D L A N D S S T R E E T R Y . - A t r o lle y road.
ORGANIZATION—In c o rp o ra te d in C a lifo rn ia in J a n u a ry , 1888.
STOCK & B onds —
Date.
Interest.
Outstand’g.
M aturity.
Stock, $150,000 (-S100).
...
$150,000 ................... .
1 st. m o rtg a g e , $50,000 ) 1899 fig. F .-A ,
50,000 A u g . 1,1919
go ld . .
. s T it le In su ra n ce & T r . Co., L o s A n g e le s , trus.
2d m o r tg a a e ,$150,000, > 1901 5g. M .&S.
100.000 S e p t 1 ,1 9 3 1
g o ld .........................
* T it le In su ran ce & T r. Co., L o s A n g e le s , trus
Bonds—$50,000 o f th e 2d m o rtg a g e 5s are re s e rv e d b y the tru s te e to
r e tir e a lik e am ou nt ox 1st 6 s, w h ic h are red eem ab le a fte r 5 y e a rs at
105. In terest on b o th issues is p a y a b le kat the F ir s t N a tio n a l B a n k o f
R ed lan ds.
R o a d — O w ns 7 '5 3 m ile s o f tra o k in R ed lan d s. E x te n s io n o f 1 m ile
is proposed.
OFFICERS—P resid en t, H e n r y F ish er; V ic e -P re s id e n t and M gr., C. W .
A . t ’a rtlid g e ; S ecre ta ry, John H . Fisheaj T rea su rer, F ir s t R a t ’l B a n k
o f R edlan ds.
R I C H M O N D , IND .
P o p u l a t io n 1900
and
w a s 18,226; in 1890 w a s 16,608,
w a s 12,742.
IN 1880
RICHMOND STREET & INTERDRBAN RY—A t r o lle y road.
STOCK & B o n d s — Date.
Interest.
Outstanding.
Maturity.
Stock. $600,000................................. .........
$400,000
. . . . .........
1 st n itge., $ 6 0 0 ,0 0 0 ) . . . .
5 g. J-J
450,000
1950
($500), g o ld .......*c * L a fa y e t t e L o a n & T r. Co., L a fa y e tte , In d ., Trus,
Bo-nds.—$150,000 bonds are re serv ed fo r exten sion s. A r e su bject to
c a ll at 10742.
R oad —W ill com prise 30 m ile s o f tra ck , in clu d in g a lin e (20 m iles) to
C am b rid ge C ity , D u b lin and M ilto n , w h ic h is u nd er constru ction . 60
an d 70 lb . T ra il.
O fficers —P resid en t, H . B . Sm ith; V ice-P res., J. W. V a n D y k e ; Sec.
and Treas., C. M u r d o c k ; Supt., E. B. Gunn. - V . 74, p. 1197.
R ICH M O ND , V A .
P o p u l a t io n 1900 w a s 85,050; in 1890 w a s 81,338;
a n d i n 1880 w a s 63,600.
f In clud ing Manchester and suburbs, population in 1900 is estimated.
at 125,000.]
V I R G I N I A P A S S E N G E R & P O W E R CO.
O r g anizatio n —O rg a n ized in I9 0 r? u n d e r sp e cia l c h a rte r fr o m th e
S tate o f V irg in ia w ith b roa d p o w e rs to a cq u ire and o p e ra te r a ilw a y s
and o th er p ro p e rties, in acco rd a n ce w ith w h ich i t has b ecom e suc
cessor o f the S o n th sid eR y . & D e v e lo p m e n t Co., w h ic h w as a con solid a
tio n o f th e r a ilw a y and e le c tr ic -lig h t system o f P e te r s b u rg and th e
w a te r p o w e r o f th e A p p o m a tto x R iv e r .
H a s fo r sonm tim e o w n ed th e stock o f ' ’th e! R ich m o n d P a s s e n g e r *
P o w e r Co , and in June, 1902, p la n s w e r e b e in g p e r fe c te d to co n soli
d a te a ll th e e le c tr ic r a ilw a y (in c lu d in g th e R ich m o n d T r a c tio n Co.
and th e R ichm ond & P e te r s b u rg E le c .), th e lig h tin g an d p o w e r p la n ts
o f R ich m on d , M a n ch e ster and P e te rs b u rg , th e In te ru rb a n R o a d con
n e c tin g these cities and th e w a te r p o w ers o f th e Jam es R iv e r a t R ic h
m ond and th e A p p o m a tto x R iv e r a t P e te rs o u rg .—V . 74, p. 885.
STOCK & B o n d s —
Date. Interest. Outstanding.
Maturity.
Stock, $3,060,000 ($100)
....
....
(?)
...............
1st oon.M .. $ 1 5 ,0 0 0 ,0 0 0 )
1902 5 g.
(?)
1952
g o ld ($1,000).............. * In t. a t M erch an ts’ T r. Co., N . Y ., T ru stee.
STOCK & B o n o I , —
stuck, p r e f.,)
$1,000,000 -.........
In ttie s i.
C a p ita l stock, c o m ....
;
(fi&istunii4tly f
5
C a p ita l
M u iu n iy .
$200,000
. . . . . ..............—
1,000,000
............
—
............
ma n bonus, g. > 1900
5 g J<fcJ
jOOO.OCl) Jan. 1, 1925
f$i,00G)e*$3,000,000 'i lut. at Merchants' Tr. Co,. Sn w York, Trustee.
Debenture m o rtg a g e ) IwOO
5 g. a a J
1,000,000 July 1,1910
bonds, gold, $1,000,* Int. at A tlan tic Trust Co., Ne w Vork, T ru iio e
OOO ($ 1 ,0 0 0 )....
y May uncalled any lim e at 102 and accrued lnt.
Th e m ortgage securing the consolidated bonds covers all the ra il
way lines, real estate, electric ii.lit and pow er plants, traoeliiaes, etc.,
and all property n ow owned or h ereafter acquired. It is practically a
ftr.it mortgage, au but about $120,000 of previously existing liens
upon the constituent properties having been canceled or held by the
trustee o f the consolidated bonds.
E a r n in g s —F o r y e a r en d in g D ec. 31:
1900.
1899.
1898.
Gross earning-’ . .. . . . . . . . . __ . . . . . . . . . . . . .$556,020 $499,243
$47 t ,541
N e t fr o m o p e r a t io n ,............................
240,685
22 >0
27,189
14,69.j
13,538
In su ran ce and taxes, ............................ . .
N e t In c o m e..........................
.................. 213,496
208,314
188,316
— V. 70. p. 231, 281, 792. 842, 947. 1151. 1196: V 71, p. 3 0 .8 5 , 183
2 8 3 ,3 4 3 , 699; V, 72, p, 1189; V. 73, p. 1113, 1314; V. 74, p. 684
R IC H M O N D & P E T E R S B U R G E LE C T R IC
R A I L W A Y - ! trolleyroad.
F o r re fere n ce to g e n e ra l co n solid a tio n see V irg in ia Pass. & P o w e r,
above.
O r g a n i z a t i o n —O rganized in V ir g in ia to con stru ct au e le c tric road
b etw een Richmond and P etersb u rg , a distan ce o f about 2 1 m iles; was
com pleted and p u t in op era tio n in F eb ru a ry, 1902. R o a d o p era tes
m o stly o v e r p riva te r ig h t o f w a y , and en ters th e tw o c itie s o v e r th e
tracks o f the lo ca l com panies.
STOCK & B o n d s —
Date, Interest, Outstand’g, Maturity.
Block, $1,000,000 ($ 1 0 0 )...
..........
$600,000 ......................
1st m o rtg a g e , $1,000,000? 1901 5 g. A -O
500.000
Oct. 1, 1931
($1,000) g o ld ......................* In t. a t Bay. & T r. Co., C levela n d , tru stee.
Bonds.—A r e su bject to c a ll on a n y in te re s t date at 105 and In terest.
— V. 73, p. 1314, 1357; V . 74. p. 327.
RICHMOND TRACTION CO.----Anelectric road.
F o r re fe re n c e to co n s olid a tio n w ith w ith V ir g in ia Pass. &. P o w e r Co.,
see statem en t o f la tte r above.
S t o c k & B onds —
Date.
Interest.
Outstand’g. Maturity.
Stock, $1,000,000 ($ 5 0 ).......................................
$1,000,000 Jan., 01,2%
1st M „ $500,000, g. ($1,000) .c* 1895
5 g .J -J
500,000 N o v 1,1925
(Bub), to c a ll 105 a fte r J u ly 1 ,1 9 0 0 .) T ru s te e, M a ry la n d T r. Co., B a lt.
In te re s t p a y a b le a t M a ry la n d T ru s t Co., B a ltim o re , o r b a n k in g house
ox John L. W illia m s & Sons, R ich m on d .
M o rtg a g e co v e rs e n tire p r o p e r ty and fran ch ises, also p o w e r h ouse,
car barn, etc. S in k in g fu n d o f l b ; p. 0. a n n u a lly o f a ll bonds issued
begins J u ly 1 ,1 9 0 0 .
Dividends .—Sem i annual d iv id e n d o f 2 p.e. w a s p a id J u ly 2 ,1 9 0 0 ; la
1901, Jam , 2 p. o.; Oot., 2 p. c. In 1902, Jan., 1 p. c.
R oad—O w ns 16-8 m ile o f tra ck ; op era tes 2-6 m iles a d d ition a l; to
tal, 19 4 m iles. E q u ip m e n t 46 o p en cars, 53 closed cars equ ip p ed w ith
double “ G. E . 1,000” m otors, 1 s tre e t sp rin k ler, 1 sn ow sw eep er; to
ta l, 101 oars.
Earnings —F is ca l y e a r en d in g Sept. 3 0 ,1 9 0 1 , gross, $218,570; net,
$79,027; in 1900, gross. $203,057; o p e ra tin g expenses, $108,198; n et,
$ 9 4 ,8 5 9 —V . 72, p. 1189; V . 74, p. 884.
ROANOKE, VA.
P o p u l a t i o n 1900
w a s 21,495; i n 1890
w a s 16,159.
& E L E C T R IC .-A t r o lle y
road. P o p u la tio n o f R o a n o k e e s tim a ted in 1897 a t 20,000.
O r g a n i z a t i o n —T h e R o a n o k e S tre e t R a ilw a y and the R o a n o k e E le c
tric Light & P o w e r w e r e both sold at fo re c lo s u re August 1 ,1 8 9 9 . T h e
p resen t co m p a n y w a s then fo rm ed .
STOCK & B o n d s —
Date. Interest, Outstufid’g.
Maturity.
Stock $200 00 0 ($ 1 0 0 )......................
.........$200,000
............ .........
1st M . $300,000 ($1,000) g . * 1899 5 g. J - D 300,000 Deo. 1, 1949
8 . F u n d ............................... ( In t. at M e r c a n tile T. & D. O o.,B alt.,tru stee
2nd M.-dneome, g o ld ............. * 1899 4 g. J - D
190,000 Deo. 1, 1949
($ 1 0 0 -$ 5 i0 ) $190,000.........I M e rc a n tile T r. & D ep. Co., B a lt., tru stee.
Income Bonds—In Jan., 1901, th e firs t p a y m e n t o f 3 p er cen t w a s
announced on th e in com e bonds. V . 72, p. 184. F eb . 1 ,1 9 0 2 , 4 p. 0.
R oad —O p era tes L4 m iles o f ro a d in c it y o f R oa n ok e, e x te n d in g a ls o
8 m iles to Salem , V a ,; to ta l tra ck , 2212 m iles.—V . 68 , p. 1183; V . 69,
p. 82, 284, 334; V . 72, p. 184.
ROANOKE R A IL W A Y
OFFICERS—P re s id e n t, J- L- F is h b u m e, R oan oke; 1st V ice-P res., E. L .
Stone; 2nd V ic e -P re s an d G en ’l M a n ag er, J. ,W . H a n cock , R o a n o k e;
T rea su rer, J. B . Fishburne.
R O C H E S T E R , N. Y .
P o p u l a t io n 1900 w a s 162,608; i n 1890 w a s 133,896;
a n d IN 1880 w a s 89,366,
ROCHESTER R A IL W A
Y " — A t r o lle y
road
O r g a n i z a t i o n — C on trols th e e n tire stre e t e a r system o f th e c it y
o f R och ester. C h artered F e b . 25, 1890, and is a con solid ation of
th e R o ch ester C ity an d B rig h to n R R ., th e C ross-Tow n E E . and th e
South P a rk R R . O p erates abou t 85 m iles o f tra c k ia c it y o f R o ch ester,
w ith e x te n s io n to O n tario B each , 8 % m iles, and to W in d s o r B each, 9
m iles. T h e R o c h e s te r E le c tr ic R a ilw a y w a s lea sed on S ep tem b er 8,
1894, lea se d a tin g fr o m J u ly 1 ,1 8 9 4 , f o r 50 years, a t a re n ta l of 8 p e r
“
L y fU o fd
-1
1899 5 S - M - «
$1,000,000 J u ly l,1 9 4 9 cen t on $200,000 stock (o f w h ich th e R o ch ester B y . ow n s $136,900)
006 000 ($l|pOO).T.c* 3 I n t - a t R ich m o n d T r . & S a fe D ep . Co., tru stee. and w h e n e v e r gross re c e ip ts e x c e e d $55,000 one-qu arter o f sueh e x
cess. A b ran ch o f th e R o c h e s te r & Suburban (th eS u m m ervilLe B ranch )
Bonds— O f th e $15,000,000 m ort., a p a r t w ill b e re s e rv e d f o r u n d er” is leased fo r 10 ye a rs fro m A p r il i 5 ,1 8 9 8 , at an annual re n ta l o f $ 8,ly in g bonds o f th e v a rio u s com pan ies, and $3,000,000 w i l l r e m a in in 000; see th a t co m p a n y u n d er Iro n d eq u o it. I n a d d itio n to th e stock
tiie tre a s u ry o f th e com pan y. T h e Southside bond s can be c a lle d on o f th e R o ch ester E le c tr ic R y . also ow n s 205 shares ou t o f th e t o ta l 400
30 d a ys’ n o tic e a t 107 an d in te r e s t a fte r Jan. 1, 1909, bu t o n ly en ou gh shades (par, $50) o f th e R o c h e s te r & C h a rlo tte T u rn p ik e Co.
o f sam e to s a tis fy sin k in g fu n d. S in k in g fu n d p a y m e n ts on th ese
In Jan, 1901, E . W . C lark & Co. b ecam e associated w ith C u y le r,
Southside bonds begin J u ly 1, 1 9 0 9 ,1 p e r cen t p a id a n n u a lly o f a ll M organ <fe Co. o f N e w Y o r k in th e c o n tro l o f th e road, b u t th e la t te r
bonds th e re to fo r e issued.
firm w ith d r e w la te r, le a v in g E . W . C la rk & Co., in con trol.
R o a d —T h e co n s olid a tio n w i l l em b ra ce about 130 m ile s o f tra ck .
On M a y 2 4 ,1 9 0 1 , th e stock h old ers a u th o rized $2,500,0.00 5 p e r c e n t
OFFICERS— P resid en t, F r it z S itterd in g, R ich m on d , V a .— V. 67, p. cum. p r e fe r re d sto ck and $2,500,000 5 p e r cen t g e n e r a l m ort. bonds.
T
h
e stockholders w e re a llo w e d to ta k e th e n e w stock b y p a y in g a t th e
435, 1004; V . 68, p. 332, 430; V .72 , p. 937; V . 74, p. 885.
r a t e n f 66 p e r cen t in p resen t stock a t a v a lu a tio n o f $60 p e r share
and $40 in cash. A u th o rity to issue th e bonds has b ee n g ra n te d , b u t
RICHMOND PASSENGER & POWER CO- n on e has b ee n issued.
E le e tr ic r a ilw a y and lig h tin g .
In Oct., 1901; b o th p r e fe r re d and com m on stock w e re lis te d on th e
F o r re fe re n c e to c o n s o lid a tio n o f th is ro a d w it h oth ers in R ic h P h ila d e lp h ia S tock E x c h a n g e .
m on d, & c., see V ir g in ia Pass. & P o w e r above.
STOCKS & B o n d s Date. Interest, Outstanding. Maturity.
R o a d a n d P l a n t —T h e co m p a n y o p era tes abou t 70 m ile s o f tra c k C o m .e tk ,$2,500,000 ($100) . . . .
. . . . $2,500,000
............
(la id w ith 100-lb. g ir d e r ra ils), in R ich m on d and M a n ch e ster and
— ■ 2,500,000 July,’ 02,1%%
th e ir suburbs, thus fu rn ish in g tra n sp o rta tio n fa c ilitie s to a b o u t 125,- Fr| i o o r o,..<:!.im: .ff?.500.,00° } -—
000 persons. T h e co m p a n y also fu rn ish es elec tric lig h t in g and e le c tric R o e h ,C ’y &_EL"3d A ’ n o w j l 8 8 9 ^ 6
A -O
^175,00,0 A p r ^ L 1919
p o w e r to th e m u n icip a lities and to p r iv a te consum ers o f th e t w o cities.
1st M . ($ 5 0 0 )...
In te r e s t a t R o ch ester T r. & S. D . Co.
STREET
STOCK & B O N D S -
^
in u re s^ Outstanding.^.UaturU,.
at Cuyler’ Morgan & Co> New York
2d M., $1,500,000, g. > 1893’ 5 g . J - D
1,500,000 Deo. 1,1933
($1,000 eaoh)........o* \ Interest 1b payable at Security Tr. Co., Rooh.
Collateral trust notes ) 1895 6 M - S
182,000 Mar. 1,1905
($1,000)...................s In tere st at Security Trust, Rochester.
Consolidated mortgage o f 1890 and second mortgage cover all present
and future property o f the company, and the bonds are to have their
rlnolpal and Interest paid icilhout deduction for any tax payable by
le company under any law of the United States or New York State
and Imposed upon the bond fo r national. State or municipal purposes.
Of the eonsois enonch are reserved to retire underlying bonds of the
Rochester C ity & B. RR.
D ividends —F irst dividend on pref. stock, 1 p.o.,was paid J a n .l, ’02;
A p r il 1,1902, l 1* p. c. and Ju ly 1, 1*4 p. o.
Miles.
ROAD— Owned.
Miles. Road leased—
Main line, tro lle y ....................... 49-00Rochester E le c tric ..............]
do
do 2d track.. I 17.q .
Second tra ck .........................35 39
8idings........................................ 104Rochester <fc Suburban...... [
do
2d track & siding J
T o ta l....................................8603
T otal oper. June 30,1901.103-88
W eight o f rails, 40 to 107 pounds,' standard gauge; oars, 200.
L a t e s t E a r n in g s —F our months to A p ril 30:
Cross.
Ret.
Oth. inc. Charges.
Surplus.
1902...................... $345,614 $152,190 $4,729
$99,104
$57,815
1 9 0 1 .... ................. 325,224 111,456
3.588
96,268
18,776
ANNUAL R e p o r t s fo r years ending June 30 show :
1901.
1900.
T re n d .J u n e 30. 1901.
1900.
Gross earn’gs.. .$981,723 $916,300 Int.on bon d s)
T
a
x
e
s
.........
V
$304,338
$291,335
N e t ................... 376,173 362,285
Other incom e...
18,535
14,456 R e n ta ls ...... 1
S
N e t in com e...$394,708 $376,741
Surplus.........$90,370
$85,406
OFFICERS —Pres., Frederick Cook; Vioe-Pres. and Gen. Man., T. J.
N icholl; Secretary, G. G. Morehouse, all of Rochester; Treas., G. L.
E sta b ro o k —V. 67. p. 690, 9 5 1 ; V. 68, p. 826; V. 72, p. 184, 392, 937;
V. 73, p. 785; V. 74, p. 95. '
_______
ROCHESTER C H A R LO T T E & M A N IT O U —
O r g anizatio n —Chartered March 14,1895, as a steam road, but is
operated by eleotriclty.
STOCK & B onds —
Date.
Interest. Outstana’g.
M a tu rity
Stook, $100,000 ($100)......... .
................ $97,500
....................
F irst mort., $82,000, ( 1895
5 Deo.
81,250
Deo. 1, 1925
g o ld .......................... t Seourity T rust Co., Rochester, Trustee.
R oad—From Charlotte (suburban tow n and resort o f Rochester, on
L a k e Ontario,) to Manitou Beaoh, on Lake Ontario, 7-75 miles.
Earnings .—Y e a r ending June 30,1901, gross, $16,798 ; net, $3,016;
interest and taxes, $5,234; defloit, $2,218. In 1900, gross, $20,389 ;
net, $8,379; charges, $4,703; surplus, $3,676.
OFFICERS—President, M ichael Doyle; Vioe-Prest., L ew is W arfield;
Seo. and Treas., J. M. M o G r a t h . ____
R O C H E S T E R & SODUS B A Y
R A IL W
a y O r g a n iz a t io n —Organized Aug. 13,1898, to build an electrio railroad
from Sodus Point, W ayne County, on Lake Ontario, to the city of
Rochester. The road w as opened on August 22, 1900. On A p ril 1,
1901, leased fo r 999 re a rs the Irondequ oit P a rk RR. o f 3 ^ miles.
T o ta l track owned and operated, 41-20 miles.
STOCKS—
Date. Interest. Outstnnd’g M aturity.
Common, $1,000,000 ($100)............................... $1,000,000
P ref. 4 p. o. cum., $750,000..............
4
750,000
Earnings —F o r year ending Dec. 31, 1901: Gross, $106,048; net
$26,178.
OFFICERS-—President, T. J. Nioholl; F irst Vice-President, George,
W ilder; Second Vioe-President, Benj. Graham; Secretary, Charles Van
Voorhis; Treasurer, John H. G regory. Office, 267 State Street, Roch
ester.—V. 71, p. 391; V. 73, p. 1265.
R O C K F O R D , ILL.
P o p u l a t io n 1900 w a s 31,051; in 1890 w a s 23,584;
AND in 1880 w a s 13,129.
R O C K F O R D RY. L I G H T & P O W E R CO-ORQANIZATION—In 1898 the Rookford Ry. L ig h t & P o w e r Co. was
chartered for 99 years as a consolidation o f all the street ra ilw a y sys
tems o f the city; on Oot. 10, 1898, was granted a m unicipal franchise
fo r 25 years.—V. 67, p. 321, 1056.
STOCK & B onds —
Date.
Interest Outstanding. M aturity.
Stock, $350.000..........................
D
$350,000
..............
Rockford City St. 1 s t )
m ortgage, subject to V 1890
6 M -N
150,000 M ay 1,1910
call in 1900............ >
1st cons. M., g., $300,-)
1898
5g.M-N
150,000 Nov. 1,1918
000 ($500 & $1,000) c. 5 In t. at Am . Tr. & Savings Bk., Chicago, Trus.
Trustee of first m ortgage is the Northern Trust Co. o f Chicago, 111.
Bonds—From the proceeds o f the 1st consol, bonds $70,000 old 2d
m ortgage bonds o f the Rookford street ra ilw a y w ere retired and
$150,000 are reserved to retire 6s, due 1910, but subject to call in 1900.
EARNINGS—Y e a r ending Deo. 31, 1901: Gross, $91,019; net, $35,666; interest and taxes, $19,083; surplus, $16,583. In 1900, gross,
$81,107; net, $32,569; interest, $16,500; surplus, $16,069.
R oad —22 miles o f trolley; 50, 60 and 70 lb. steel T rails.
O f f ic e r s —Pres., R. N. B aylis; Treas., W. F. Woodrufl; Gen. Man.
and Purch. A gen t, T. M. Ellis. DIRECTO RS— R. N. Baylies, W. F.
Woodruff, H. W. P rice, G. W. W attles and John Farson.—V. 67, p.
127,321,1056.
R O C K L A N D , ME.
P o p u l a t io n 1900
was 8,150; in 1890 w as
and in 1880 w a s 7,599.
ROCKLAND
THOMASTON
&
S T R E E T R A I L W A Y . -A n electric road.
8,174,
CAMDEN
In Feb., 1901, consolidated with the K n o x Gas & E leotrlo Co., and
made a new m ortgage o f $800,000 to the Union Safe D eposit & Trust
Co. o f Portland, Maine.
S t o c k & Bo n d s Date. Interest. Outst'd’g.
M a tu rity .
Stock ($100) ($300,000 a u th .).......................
$250,000
C 1892 5 J - J
250,000 M ay i) 1922
1st M. ($250,000)................< Bonds have been called for paym ent
( Ju ly 1, 1902, at 105.
R oad Operates 17-21 miles o f track from Thom aston through
Rockland and R o e k p o rtto Camden. In Sept., 1901, purchased “ Oaklands,” a park o f 75 acres, fo r purposes of a pleasure resort.
Tears ending JuneZO . Gross.
Net.
In t. and taxes. Bal.,sur,
19 0 1.....................................$90,193
$37,263
$17,505
77
RAILWAYS
$19,758
1 9 0 0 ................................ 79,845
27,739
12,889
14,850
1899................................. 7 0 ,2 11
29,298
13,585
15 ,7 13
OFFICERS— President, G. E. M aoom ber; See., H . M. H eath; Treas.,
A . D. B ird ; Supt. and Purch. A gt., Thomas H aw ken.—V. 72, p. 392.
ROM E, GA.
P o p u l a t io n 1900 w a s 7,291; in 1890 w a s 6,957,
.
a n d IN 1880 w a s 3,877.
CITY ELECTRIC RAILW AY-A troUey road.
ORGANIZATION—Chartered in 1894 as successor to the Rome Street
R ailw ay, which was sold in fo reclosu re July 5, 1895. In Deo., 1899,
purchased the plant o f the Rome E le c tr ic L ig h t Co. amt is now con
ducting an eleotrlo ligh tin g business in co n ju n ction w ith street ra il
ways.
,
STOCK & B onds —
Date. Interest.
OutsVd’q.
M a tu rity .
Stook, $60,000, par $100.............................. $60,000 f . p ..........................
1st mortg., $100,000, gold/ 1894 g. A - O 100.000
Oct. 1,1914
$1,000, not subj. to call. 5 Int. at Am. Seo. & T r. Co..Washington, D. O.
Bonds—On Jan. 1,1901, $100,000 bonds w e re held by stockholders
o f company. In stead o f issuing n ew bonds to buy th e plant o f the
Electric Ligh t Co., the com pany borrow ed $16,000; the bondholders
having loaned their bonds to the company to be used as security.
R o a d - O wns 61r m iles o f traok (of which l i * built in 1897, funds
being contributed by bondholders), laid w ith 35 and 45-lb. T rails.
In Feb., 1902, was replacing old 30-lb. rail w ith 50-lb, T. A lso mak
ing other Improvements.
LATEST E a r n in g s — (1 9 0 2 .....................Gross, $17,188; net, $1,808
Jan. 1 to M ay 31. J 1901.....................Gross, 15,996; net, 2,200
E a r n in g s —F or year ending Deo. 31, 1901, gross, $41,238; net,
after taxes, eto., $6,364. In 1900, gross, $40,709; net, $7,003.
Pres., Seymour Cunningham; Gen. Man. and Treas., J. B. M a rvin .—
V. 69, p. 1193.
|
R O M E , N. Y.
P o p u l a t io n 1900 w a s 15,343; in 1890 w a s 14,991,
a n d in 1880 w a s 12,194.
ROME CITY STREET R A IL W A Y -
ORGANIZATION—In corporated Deo. 22, 1885. In Feb., 1900, was
granted permission by the State R ailroad Commissioners to issue a
first m ortgage o f $200,000, to reconstruct their present line and make
an extension o f 3 miles; also to change the m otive pow er from horse
to compressed air.
STOCK & B o n d s —
Date.
Interest, Outstanding. M a tu rity .
Stock $150,000 ($100)................................
$150,000
.....................
1st Mtge. $200,000, > 1900
5 g. A-O
123,500
A p ril 1,1950
gold ($500............. o* j In t. at Trust Co. o f A m erica, N. Y., trustee.
R oad —I n 1901 owned and was operating about 7 m iles o f
track under the compressed air system.
Earnings —Y ear ending June 30,
O fficers —President, H . Mouk1900-01. 1899-0. 1898-9.
house, Rome: Secretary & Treas
$5,439
urer, A. L. D ale; Man., Jas. W. Gross.. $7,427 $4,722
N e t .. loss 5,065
1,335 loss 2,908
Brow n .—V. 68, p. 674.
D eficit.. 10,440
1,505
4,898
RUTLAND,
VT.
P o p u l a t io n 1900 w a s 11,499; in 1890 w a s 8,239;
a n d in 1880 w a s 7,502.
V E R M O N T E L E C T R I C S E C U R IT IE S CO.—
Incorporated in N ew Jersey on Deo. 26, 1901, w ith $1,500,000 au
thorized oapital to acquire the Rutland S treet Ry., the P eoples’ Gas
L ig h t Co. and the Chittenden P o w er Co., V. 74, p. 207. No further
inform ation forth com ing in June, 1902.
( 1 ) R U T L A N D S T R E E T R A I L W A Y —A tro lley road
O rg an iz a tio n -—In 1894 rebuilt the line as a tro lley road and n ew ly
equipped it throughout. In M ay, 1901, the property was sold to a
N ew Y o rk and Boston syndicate and reorganized as below.
S t o c k & B onds —
Date. In t.
Outstand’g.
M aturity.
Stock, $1,000,000 ($100)............ ........... $1,000,000
...................
N ew 1st mtge., $1,000,000 > 1901
5 g.
1,000,000 ...................
($1,000) g ......................o* ) In t. at M erchants’ Tr. Co., N. Y „ trustee.
R oad —Owns and operates 10 m iles o f track in Rutland, exten d in g
to West Rutland. On N o v. 1, 1901, was constructing betw een 20 ana
25 miles o f new road to W hitehall, N. Y ., also a large p o w er plan t o f
3,000 to 4,000 horse-power generated by w ater power.
OFFICERS—Pres., L e R o y W . Baldwin, N e w Y o rk ; Vice-Pres., P. M.
Mouver; Seo. and Treas., Chas. H. W est, Rutland.—V. 73, p. 958; V .
74, p. 207.
_
S A C R A M E N T O , CAL.
P o p u l a t io n 1900 w a s 29,282; in 1890 w a s 26,386;
an d in
SACRAMENTO
1880
w as
21,420.
E LE C T R IC
GAS & R Y -
ORQANIZATION—Incorporated A p ril 4, 1896. Franchises exp ire Oot.
6 ,1942. A consolidation o f the Sacramento E lectrio P o w er & L ig h t
and the Folsom W ater P o w e r Co.
The w a ter pow er is obtained from Folsom, 24 miles from S acra
mento. In 1899 made a contract w ith the Bay Counties P o w er Co.
fo r the exclusive use of 2,000 h. p. fo r im m ediate d eliv ery and to the
exten t o f 5,000 h.p. if needed. This obviates the necessity o f a steam
plant, and insures against shortage o f pow er fo r the future. On
Ju ly 19 ,18 9 9 , acquired en tire capital ($500,000) o f the Capital Gas
Co. and in Maroh, 1902, acquired all o f the bonds ($150,000).
STOCK & B onds — Miles. Date. Interest. Outst'd’g.
M a tu rity .
................................ $1,858,400 J u ly l ’02,15e.
Stk.,$2,500,000 ($100)
'
16 1892 6g. J - D
265,000 June 1, 1912
Central El. Ry. 1st
($25,000 due yearly) to June 1, 1921
M., $400,000, $1,000
j i- ™ ;
’ fpJ”
f In t. at Cal. 8. D. & Tr. Co., San Fran., Trustee,
<te $ouu, g .............. o j
or U nion T ru st Co., N ew York.
1897 5 g. M-N 1,985,000 N ov. 1,1927
Sac. Elec. Gas & R y. )
$2,500,000
Vint, at CaL S. D. & Tr. Co.,8an Fran.,Tru stee,
mort.,
. _______
($1,000) g o ld ...........o ) and G uaranty Trust Co. o f N ew York.
Bonds—O f the $2,500,000 bonds authorized, $265,000 are re served
for the Central E lectrio Ry. firsts. The $250,000 unissued remain fo r
future corporate purposes.—V. 65, p. 977. A s to righ t to call bonds,
see V. 74, p. 989.
D ividends—F irst dividend o f 15c. per share was paid Jan. 1,1 901,
and same amount paid m onthly to J u ly 1,1902.
Road —The ra ilw a y system extends l e ^ miles w ith 24^3 m iles o f
single track. I t covers the entire city and has valuable franchises
running 50 years and giv in g p ractical control o f transportation in the
city. East Park and Oak P a rk are owned. Rails are combination 35
and 60 lbs. Operates 40 m otor oars. Standard gauge.
L a t e s t E arnings —Four months to M ay 31:
4 mos.—
Cross.
Net.
In t., <tc.
Balance.
1902................................. $149,167
$83,454
$43,754
$39,700
1901................................. 132,236
68,366
37,378
30,988
EARNINGS—F or fiscal year ending Jan. 31:
1901-02.
1900-01.
1899-00.
Gross ea rn in gs..................................$419,781
$376,970
$333,819
O perating expenses.......................... 195,266
173,398
158,925
N e t earnings.................................$224,515
Bond in terest.................................... 113,540
P ro fit and loss entries (n et)..............
9,603
P rofit fo r fiscal year....................$101,372
$203,572
$107,186
3,206
$174,894
$110,115
7,900
$93,180
$56,879
R A IL W A Y S.
STREET
78
(_)> ,
-0
. l liUa AddiaOU; V liie.d 'rc^ , AlCX MeCaliUUi; Htooy.
ti: Trv.j.-i . a 11M-rr iidiLatiQ J r ; G en M a r , A lb e rt GalLatin. G eneral
Ofiice, CUau * Sprockets Hd g., Bah Francisco,-- V.65, |>. 278,977; V* 70,
p, d3 l ■ V 7 -, p. 591; V. 74, p. 578, h h 4 ( 989.
S A G IN A W ,
M IC H .
rV/PULvTI
1900 w as 42,3 15; is t 800 WAS 40,822;
a n l is 1880 W as 29,541.
S A G IN A W
S U B U R B A N R Y — r h ir d r a lle le c tr ic .
O r g a n iz a t io n -—I n corp o ra ted in 1900 to build an elec tric lin o from
F lin t v <n tvdiiuaw to Hay City, i\ d h t *nuo o f 50 miles. R oad is under
construe lio n y and U ex p ected to be com pleted by Ju ly, 1902.
STOCK a n d B o n d s — Date.
Interest,
O a ld a n d ' g.
M a tu rity ,
Stock, $.500,000 <$100). ____ _
. . . . ..
$500,000
.......1st m . r u a ^ , $800,000 s 1900
ft g. A O
900,000
Oct. 1. 1925
($1,000), g ..............e* l In t. at N. Y . Sec. A Tr. Co., N , Y ., fru etee.
B o n d s — •'in kin g F u n d .—10 p. e. o f net earn in gs is p a ya b le a fter
1903. Bonds cannot be ca lled before m atu rity.
O fficers *—Presiden t. G e »rge S ilsby, Saginaw ; S ecretary, G. V e y n e
Chandler; treasu rer, T. G. H a rn ish — V. 7 i, p. 288.
S A G IN A W
V A L L E Y
T R A C T I O N —A t r o lle y road.
O r g a n i z a t i o n —In corp ora ted Jan. 7, 1899. as a consolidation, per
Hee plan in V. 09, p. 231. Th e cumpan> on A p ril 12, 1898, received a
fifty -y ea r tranohike from the O ily o f St. Louis au th orizin g it to build
7 9 ^ miles o f estreat railroad on several o f the most im p ortan t streets
o f the city, and also g iv in g perm ission to acquire by lease or purchase
any oth er street ra ilroa d oumpanle* in that city.
R o a d ,—T he m ileage o f the com bined system H a a fo llo w s ;
M iles. (
Miles.
Mift-'.ouri RR. System (elec.) 27*r2 Si. J/mis T ra ctio n Co..mice.) 10 *27
L in d en liy . H y a lin (elec.) *121*37 Southern E lectric By* (elec.) 23*29
Union Dep’ t E R . Sy* (eii-c,)* 76*69 .National Ry, System (elec.) 81*62
Jefferson A ve. Ry. (electric). 6*41 I Central T r a c t i o n . * . 14 43
....................... ,.361*70
T o ta l m iles in operation, all e le c tr ic .........
In addition to which a Iarge am ount o f additional m ileage has been
au thorized but not constructed.
* In clu d in g county roads.
M a tu rity .
Interest.
Outstanding
S t o c k & B o n d s - Date.
Stock ( $ 'G ,00o,-£
...........
$17,264,300
000). par $ 1 0 0 1
5 gg., M
5,0X7.000
C oll, tru st notes, (
1931
MN
N
5,017.000
N o v. 1, 1904
$6,000 000, g. < In t. at M erca n tile T ru s t Go., Bt. Louis, Trustee.
($1,000)....... . (R e d e e m a b le at par any int. date a fte r N ov. 1, 1902.
The C ollateral Tru st Notes are fo r a ro ta 5 am ount o f $8,000,000, o f
w hich $>,017.000 h ave been issued; $30 * 000 m ay be issueo M ir . 31,
190i; $225 000 June 30. 1902; $225,000 Sept. 30. 1-02; $22-4 000
Dec. 31. 19'>2 T h e y are secured b y gen m ort. bonds and pref. stock
o f the U nited R ailw ays o f St. Lou is, w hich the St. L o u is T ra n sit Co. r e
ceived in p aym en t f u betterm en ts and new constru ction on the ra il
w ay lines. W hen a ll the notes are out, a g g reg a te o f co lla tera l w ill be
$2,877,000 bonds and $5,272,900 pref. stock.—Y 73, p 1113, 1265.
plan in Y . 07, p. n i l , o f the U nion S treet Ry. and the S aginaw Con
solidatod S treet Ry. (both foreclosed Oct. 15,1898), tb e In ter-U rban
R y . and tbe H a m ilto n S treet lin e. V. 68. p. 233.
In tere st, O utstanding. M a tu rity .
S t o c k & Bo n d s —
D a te.
Com m on stock, $700,000,
UNITED RAILWAYS COMPANY Or ST. LOUIS.
........
$700,000
par, $100 ................................
STOCK a n d B o n d s .—
Date. Interest Outstanding. M a tu rity .
P ro f, stock, 5 p. o. cam., »
Stock, com., $25,000,000 ..........................
$17,2
0
.................
400,000
---$400,000; par. $ 1 0 0 ;>
pref. as to assets & div. )
5 Q - J - *15.798,200 gu 5% p. a.
ft„g .'F & A
795,000 Feb. 1,1924 St0 K) H 1" 5% CUm'’ * 20, I •—
l i t mort. $450,000 g o•Id.
ld .)\ 1899
Gen. li-t M.. $45,000,00d ) 1899 4g. J-J
*28.29->,000
J u ly 1, '34
$1,0<»0 each ........... c* s Tnt. at Boston Safe Dep. & Tr. Co., trustee.
($1,000) g. c .,' cannot be ? Int. at St. L »nis-Union Trust Co.. TrusB m d s —O f tbe 1st 5s $55,000 a e reserved fo r j exten sion s „ and
, ; tee, or at Brow n Bros. & Co., N Y .
called
im provem ents.
R oad —Owns and operates 40 m iles o f track, including lin e from
♦ $*2 -77,001bonds and f4,071,300 pref. stock are held in the treasury atd are
Saginaw to Bay C ity, and a ll electric railroads in S aginaw . T b e In ter- disregarded In e rnlngs.
U rban line to Bay C ity includes 11 miles ow n ed and three m iles o p
Stock, and Bonds— #4.20L.800 p referred and $7,733,703 com m on
erated under contract; also ft m iles o f p riv a te rig h t o f w a y and
stock are reserved fo r fu tu re acquirem ents and betterm ents.
O f the
bridge across tbe Saginaw R iv e r costin g $60,000.
$45.00 >.Ooo gen 1st m tge bonds. $16,708,0 >0 are unissued, $13,708,E a r n in g s —See V . 74, p. 428.
000 being reserved fo r the retirem en t o f u n d erlyin g liens and $3,000.OFFICER —Presiden t, H o m er L o rln g, 64 D evon sh ire 8t., Boston, 000 are reserved fo r the sole purpose o f retirin g the bonds o f the St.
Mass.; Treasurer, F ran k D. E w en ; S ecreta ry, Charles S. Smith; E x ecu L ou is A Suburban in case its purchase should at any tim e be made.
tiv e C om m ittee, Thom as A . H a rv e y , Chairm an; Geo. B. M o rley and Th e bonds are secured b y all the stocks o f the constitu ent cornpa
G ilb ert M. Stark, a ll o f S aginaw , Mioh. V . 67, p. 1111; V. 68, p. 233; nies, and by direct m ortgage lien upon th e ir p rop erty and franchises.
Least G uaranty.—The St. Louis T ran sit Co., besides leasin g all the
V. 74, p. 423.
_________ _____________
lines o f ra ilw a y o f the U nited R a ilw a ys Co. o f St. Louis, guarantees
the paym en t o f in terest upon all the n ew 4s as w e ll as on the bonds o f
the constituent com panies, and also 5 per cent, payable q u a rterly ,
upon the preferred stock o f the U n ited Com pany.
P o p u l a t io n i n 19o0 w a s 6,239.
Exchange o f Stack.—The St. Louis T ran sit Com pany exchanged its
ST. ALBANS STREET R Y - A tr o lle y read.
stock (172,613 shares) fo r the com m on stock o f the U n ited R a ilw a y s
O r g a n iz a t io n In co rp o ra ted in V erm ont. C on trols en tire b u si Com pany o f St. Louis, share fo r share, in consideration o f a paym ent
ness In St. A lb a n s and Sw anton. C h arter perm its the c a rry in g o f to it by the stockholders o f the U nited R a ilw a ys C«». < f $11 per share.
b a gg a ge, express and m ail.
This furnished the T ran sit Co. a cash ca p ita l o f $1,898,743 fr e e from
STOCK & BO n D S - Date.
Interest.
O utstanding.
M a tu rity . all obligation s e x cep t those under its lease.
Stock, $200 000
...
...
..
$200,000
.....................
BOND ISSUES OF CONSTITUENT COMPANIES.
1st mort. $200,000,) 1902
5 g. J-J15
150,000
Jan. 15,1922
M is s o u r i S y s t e m —
Date. Interest.
Outstand’g.
M a tu rity .
gold (it1,000) ..c* ] Int. at Mass. T ru s t Co., B oston, Tru stee,
Mch.
1, 1906
B on d s—Can be ca lled on any in te re s td a te at 107 and aocrued in terest
M$1 000 OOO l8 t m t 0* \ 1896 5 M - - S$700,000
Subject
to
ca
ll
in
1901
at
105.
ROAD 'O p e r a te s about 12 l m iles o f tra ck In St. A lb a n ■» and Rwanton.
L in d e l l S y s t e m —
E x ten sion o f 3 ^ m iles to L ake Cham plain is under construction.
OFFICERS -P r e s id e n t and M an ager, E. E C arpenter, W orcester, L in d ell Ry. 1st mort., [1891
5 g . F - A $1,500,000
A u g. 1, 1911
$1,500,000...... o*<fer
Mass.; V ice President, J. J. F ly n n . B u rlington , V t.; T reasu rer, H. F.
\Interest p a ya b le in N e w Y o r k and St. Lou is
gold,
$1,000
ea
ch
...
Leland, W orcester, Mass.; S ecreta ry, F. C. Smith, St. A lban s, V t.;
Cornp’n H. U.D. A M T. > 1893
6 g. J-J
1,000,000
J u ly 1, 1913
A u d itor, C. A . M iddlem as, W o ro e s te r.—V. 74, p. 268.
1st m ort., gold
" .. -o* S Int. a t St. Louis-U n ion Tru st Co ; also in N. Y .
T a y lo r A v e . R R . 1st >1893
6 g. J-J
500,000
J u ly 1, 1913
m ortgage, g ---------- \ In tere st at St. Louis-U n ion Tru st Co., St. Louis.
U n io n D e p o t S y s t e m —
P o p u l a t io n 1900 w a s 5,155; i n 1890 w a s 4,826;
Union D ep’ t R R . ;ons* ^ 1393
6 g. J -D
3,500,000
June 1, 1918
M. ($3,500,000) g
a n d in 1880 w a s 3,550.
*Jeffer8on A v . R R .,M .
N o v. 2, 1905
5 M -N
277,000
BENTON HARBOR & ST. JOSEPH ELEC
$400,000 ................. X ±?5yo
TRIC R A I L W A Y & LIGHT.—
F o r m e r l y P e o p l e ’ s R y . Co Th is is a consolidation o f the St. Joseph A B enton St. R y ., the B e n
S o u t h e r n E l e c . Sy s t e m —
ton H a rb o r A Eastern Springs E le c tric R y. and the B enton H a rb o r & Southern Elec. 1st M ,,..1 8 8 4
164.000
6 M -N
M ay
1904
St Joseph E le c tric L ig h t Co. T h e n ew com pany en joys a ll the street Consol. M. ($500,000)...1890
336.000
M ay
1915
6 M -N
ra ilw a y and elec tric-ligh t p riv ile g e s in th e cities o f St. Joseph and M ort. o f 1896, $200,- >1896
200.000 Aug.
1916
5 S*
B enton H arbor.
000 ($1,000), g o l d . o j l n t . p a y ’le a l L o u is ville, K y ., and S t L , Mo.
N a t io n a l System STOCK & B o n d s — Date.
In terest.
O utstanding.
M a tu rity .
M a y 1, 1910
5 M -N
1,948,000
1st m tge., $200,000, > 1900
5g. M-S.
$2<>0,000
Sept. 1, 1920 St. Louis R R . 1st M .,> 1890
cur. ($1,000 each) .. 5
Subject to ca ll M a y It 1900
gold ($1,000) ...... 5 In t. a t A m . T r. A Sav. Bank, Chicago, Trustee.
J u ly !• 1913
5g. J - J
250,000
Bonds—A ft e r 1910 $10,000 p e r annum is p a ya b le in to a sinking Baden & St. Lou is 1st X1893
m ortgage, go ld ....... / Subject to c a ll a fte r J u ly 1,1893.
fund, bu t bunds can not be called.
R o a d —O wns and o p era tes IO^ q m iles o f tra ck in St. Joseph, B enton Cass A ven u e A F a ir
5 g . J-J
1,813,000 J u ly 1, 1912
Grounds 1st M.,$2,- 1892
H a rb o r and the T o w n sh ip o f B en ton under franchises w hich e x p ire
000,000, g., $1,000, ►Subject to ca ll at 102 on any Ju ly 1 a fte r 1893.
fro m 1921 to 1929.
sink, fund,, guar. p. In te re s t at N o. T ru st Co., trustee, Chicago
Pres., W. W orth Bean; 8ec. and Treas., W. H . H u ll; Supt,, H . C.
A i. (N at. R y .)---- c*
M ason.—V. 66, p. 1090; Y . 71, p. 1268; V. 72, p. 86, 88, 282.
1887
6 J -J
1,500,000
J u ly 1, 1907
C itizens’ R y .ls t m o r t . In t. at St. Loui8-Union Tr. Co., St. Louis; also
a t A m er. E xch . N at. Bank, N. Y . C ity,
go ld ($2,000,000).
Trustees a re Chas. Parsons and Thos. E. Tu tt.
P o p u l a t io n 1900 w a s 102,979; i n 1890 w a s 52,324;
AND i n 1880 w a s 32,431.
T o t a l....................................... ................$13,688,000
ST.
ALBANS,
VT.
ST. J O S E P H , M IC H .
ST.
ST* JOSEPH
POW ER-
JOSEPH,
R A IL W A Y
MO.
LIG H T
HEAT
&
O r g a n iz a t io n —In co rp o ra ted in 1895 to succeed to the p rop erty o f
th e St. Joseph T ractio n A L ig h tin g Com pany, sold in foreclosu re A u g 21, and purchased fo r the bondholders fo r $300,000.
STOCK & BONDSD a le . Interest. Out stand? a. M a tu rity .
Com. stock, $2 • 00,000 ($100)............................. $2,000,000 ..............
P f.s tk ., n.-o. $1,500.00 > $100) ........................
1,500,000 ...............
ROAD—Owns and operates 40 m ile3 o f traok.
O FFIC ERS-President and Gen. M an., W . T. V a n B runt, St. Joseph,
Mo.; Secretary and Treas., Chas. C. T egeth off, 120 B ’ w ay, N e w Y o r k
C ity .—Y . 61, p. 9 2 6 . ________ ___ ___________
ST. L O U I S , M O .
P o p u l a t io n ly o O w a s 575,238; i n 1890 w a s 451,770;
AND IN 1880 w a s 350,518.
ST. LOUIS TRANSIT CO .— 'S e e M a p , p a y * 7 9 ).
O r g a n iz a t io n —1
T his com pan y wa3 form ed u n le r the la w s o f M is
souri, and has leased all the lin es o f the U nited R a ilw a y s Com
p a n y o f St. Louis. B y St. L ou is C ity ordinance, ap p roved March 20,
1899, wa< given p o w er to acquire, lea se and operate until M arch 18,
1939, a n v o f the lines w hich h a ve oeen acquired under the a rra n ge
m ents w irh the U u it d R a ilw a y s Com pany, w hich co upany to o k o v e r
a ll the street car lines in operation in St. Lou is w ith the excep tion o f
the St. Lou is A Sub rban system. Th e com bination w as arranged
b y a syndicate headed b y Messrs. B row n B rothers A Co., N e w Y o rk .
* O w ned jo in t ly b y M issouri, L in d e ll, U n ion D ep o t and N a tio n a l
companies.
D iv id en d * - F i r s t d iv. o f I t * p.c. on p ref. A p r il 10,1900; Ju ly, l ^ p . 0.;
Oct., 1H P- c.; in 1901, 5 p. c.; in 1902 A p r il, L1* p. 0.
T h e fo llo w in g com panies h a ve been absorbed:
O ut
Shares
S h ' res
Roads Absorbed.
issued.
acquired . standing.
Baden A St. Lou is R R . Co........................
1,000
1,000
....
....
B<m ton-Bellefontaine R y. Co ..............
3,240
3,240
40.000
Cass A ven u e A F a ir Grounds R y. C o.... 40,000
9,997
3
Citizens’ R a il w ay C o.........................
10 000
634
C la yton A Forest P a rk R a ilw a y C o ___
661
27
Com pton H eigh ts U n io n D ep o t & M e r
10,000
chants’ T erm in a l R a ilro a d Co............. 10,000
mmmm
50
D elm ar A v e . A C la j ton K a ilw a v C o ___
50
937
....
F o rest P a rk Lac. A Fou rth St. R y. C o ..
937
100
G rand A ven u e R a ilw a y C o ....................
100
.mm.
Jefferson A v e n u e R a ilro a d Co................
4,000
....
4,000
20
K in g^ H ig h w a y R a ilro a d Co...................
20
mmm.
99,994
8
L in d e ll R a ilw a y C o ...................
100,000
2,000
M idland S treet R a ilw a y Co......................
2,000
• • •a
22,986
M issouri R a ilro a d C o ................
22,986
....
5,250
M ound C ity St. R y. C o................................. 5,250
aaa.
25,000
N a tio n a l R a ilw a y C o ................
25,000
.mm.
N o rth ern < en tra l R a ilw a y C o ................
2,00 >
2,0' 0
....
120
....
St. Lou is C layton A C. C. L a k e R R . Co..
120
467
St. Lpuis County S treet R y. C o . . . . ........
467
. . a•
1,000
....
8t. Lou is Cross County R R . C o .............. 1,000
35
SIAN
MjiCnusmnd-
SKIN KCR
ROA O
FORE#
OOOOFE -LOVy'aj
jLiyicAi
House
Female
fospitaj
UNIO
Insane Asylum^
INGS HI q'h
ickTirrd:
SOUL
ARO/!
STREET RAILWAYS
£ L ° » ga
AVE
Missouri
Botanical %.
Carden “T?
tower
jlQaltJmill
mir f
jcNOVC
URMan' BOUL
■Quatl lie.
VAN OEVENT
.GRand
RN ia
'F A L L O N S /
OHIO
■V'/i
UJ *• :
MAP
OF t iik
l in e s
o p
t h e
U N IT E D R A ILW A YS
ST. LOUIS
LOUIS,
MISSOURI
A*/
L'JH
Bissell's Point
STREET
80
RAILWAYS.
Out
^hit re <9
act/'Uirisii* 3 (and cmj-
S to c k A 8 g n d &—
Dme
in iertst
Ouistanutiay. M aturity.
Stock, $4,000,Ooo iflO O / ..........................
»3,oOO,OuO
...... .
10,300
78 Balt Lake i l t y 1st M ,/lg9 3
(j g j J
840.000
Jan. 1, 1913
t $ L 5 0 0 ,W )
\ Ohai u R c - W t Co., trustee
5,000
6F A
See te x t
Feb. 1, 1905
5 ,000
IV,’. Salt Lake City 2d M., i 1901
South era E leetr ia R tt , Oc>, , UOttHtiUli, . . ,
$500,000 ($l,0i»0/... i Wm. 8. and 0. K, McCoanack, trustees.
10*000
Di>
iio
do
p r e fe r re d „... 10,000
****
Balt Lake Rapid T r a n -) , » * «
315,000
lv b . l, 1910
30
30
South We site>ru R y. Oo,
sit l * t
m ortgage, O
u r *A >
108,000
Juiy 1, 1903
5 >000
5*000
T a y lo 1* AViirjoue ita ilw tty C o ........ .
$500,000 ($100;...... ) In t at Am. L. &. Tr. Co , Boston, trustee.
12,000
12,000
Union 1B a ilroad C o .,.
SO.oOO
30,000
U xiioi 1 Dept >t Ka-ilroact Co
Bauds—Entire issue o f Salt Lake C ity 1st m o m bonds subject to call
200
200
....
v
dVOil tiSi* A.\reuue KiLllroa d O o ........
Jan. 1, 1903, or any Jan. 1 thereafter; from Jan. 1, 1904, to Jan, 1,
1913, one-tenth must be paid yearly; to he called in numerical order.
114
310,354
310,468
T otalUnder terms o f the m ortgage, bonds may be issued fo r extension o f
A 8 under ' the law s o f M issou ri the iJill ted f t all w ays C om p an y has and additions to the m ortgaged property at rate o f not more than 70
the p o w e r to purchase a ll th e p r o p e rty and fran ch isee o f any o th e r per cent o f the cost o f such addition ana extensions, and the bonds at
stre et ra ilw a y w ith w hich it connects, or in tersects, on o b ta in in g the any tim e issued shall not exceed $20,000 per mile fo r each m ile of road
a p p r o v e 1 o f two-thu-iH o f th e stock h old ers, ow n ersh ip o f th e a b o v e j construe ted, equipped and in operation. A fte r debt reaches $1,000,000
stocks has been ro! low ed by actual deeds o f the p ro p e rtie s o f alt o f the no bonds can be "issued unless the net earnings fo r preceding 12
mouths are sufficient to pay 12 per cent on all bonds outstanding and
a b o ve com panies, the final steps in the case o f the St. L o u is T r a c tio n
12 per cent on the bonds proposed to be issued.
Co, and the St. L o u is R R Co. b ein g ta k e n in Ju ne, 1901.
None o f the second m ortgage bonds have been Issued, the entire Issue
L a t e s t E arnings —f o r fiv e m ouths to M a y 31, 1902, gross, $2,being reserved to take up the bonds of the Sait Lake Rajud Tran sit Co.
457,474, again st *2,276,096 in th e h v e m onths o f 1901.
R oad —The Consolidated Company owns and operates 72-83 miles
R EPO R T.—T h e fo llo w in g show s the resu lts o f com b in ed p ro p e rties
o f track, Including double track, sidings, etc.
f o r th e ca len d a r years 1900 and 1901. D a rin g M ay, June, J u ly and
O ffic ers —P resident, C. L. R ood; Vice-President, W. P. P.ead; SeoA u gu st, 1900, the com p an y suffered fr o m a s trik e o f its em p loyes,
a n d 'a s a re su lt ea rn in gs w e re h e a v ily red u ced w h ile ex p en ses w e re reta rv and Treas., Joseph S. Wells; Supt. and Purch, A gt., W. P. Read.
—V. 72, p. 1239, 1280; V . 73, p. 33, 185, 338.
in creased. R e p o rt pu blish ed in V . 74, p. 677.
8 Aarts
Vf$u tti.
10mU# ata‘orb*
0 on .
19,387
B t L*jMriU U It, C l
u U T r aotiu m Oo., tor tit dr 1y P 60 p ie '«
1901.
$5,777,599
3,692,400
1900.
$4,462,991
3,646,488
N e t ea rn in gs............................................. .$2,085,199
O th e r in c o m e
........................... ...............
6.313
$816,503
6,216
T o ta l in com e.........................— ,.......$ 2 ,0 9 1 ,5 1 2
$822,719
252,606
Calendar Tear G ross ea rn in gs . . . ................
O p e ra tin g expen ses and t a x e s ..................
D edu ction s fr o m in c o m e ...........................
254,830
$570,113
N e t in c o m e ..... ......
.$1,836,682
F ix e d charges (m ol. d iv . on p re f. stock o f
U n ite d R a ilw a y s )...............
2,362,312
2,264,506
D e f i c it ................................ ........................ . $525,630
$1,694,393
OFFICERS.—P resid en t, M u rr a y C a r le to n ; V ic e -P re s id e n t, C o rw in H .
Spencer; See. & Treas., Jam es A d k in s; A u d ito r, F r a n k R. H en ry . D i
rectors, M u rra y C arleton , P a tr ic k C alhoun, C. D. M cL u re, H . 8 .
P riest, G eo rg e H. F ra zie r, E u ge n e D ela n o, C o rw in H . Spencer, F. E.
M a rsh a ll, Jam es C am pbell, A .U . B ro w n , W m . H . T h om pson .—V . 70, p.
1 2 6 ,2 8 1 ,3 8 2 ,4 8 1 ,6 3 4 ,6 8 8 .9 9 8 ,1 0 9 6 , 1197, 1293: V. 71, p. 3 1 ,8 5 ,
3 4 3 ,1 2 7 0 ; V . 72, p. 284, 1136; V . 73, p. 33, 1113, 1265; V . 74, p. 578,
677.
_ '
ST. LOUIS & SUBURBAN RY.-A trolleyroad.
I n June, 1902, it w a s re p o r te d t h a t th e M ississippi V a lle y T ru s t Co.
had a g re e d to fin an ce th e com pan y and th a t a n e w bond issue w o u ld be
m ade. U p to June 2 1 ,1 9 0 2 , d efin ite p la n s had n o t b ee n fo rm u la ted .
O r g a n iz a t io n —In c o rp o ra te d Sept. 11,1884. This co m p a n y is a re
o rg a n iza tio n o f th e St. L o u is C ab le & W estern R y Co., w h ich i t b o u gh t
in a t the fo rec lo su re sale o f th e la tte r ’ s p r o p e rty June 10, 1890.
I n J u ly , 1897, secured co n tro l o f th e St. Louts & K ir k w o o d R R .
STOCK & B o n d s —
Date.
Interest.
Outstanding. M aturity ,etc.
S to ck ($ 1 0 0 ).................................................
$2,500,000
...............
St. L . C able & W estern >
1884 6 M. - N .
600,000
1914
R y I s t M .................... < Interest a t F a rm ers’ L o a n & T r. Co., N . Y . o lty .
SL L o u is & Suburban )
1891 5 g. F . - A.
1,400,000 F e b . 1 ,1 9 2 1
Is tM . ($2,000,000)g. > Interest p a y a b le in B oston by th e tru stee, th e
$1,000.......................1 A m e ric a n L o a n & T r. Co.
rn c o m e bonds
l
1891 5 F e b 300,000 F e b . 1,1 921
in c o m e Donas............£ In te r e s t a t A m e r ic a n L o a n & T r. Co., B oston .
On J an . 2 5 ,1 8 9 9 , th e stock h old ers v o te d to in crea se th e c a p ita l
stock $500,000 to $3,000,000; also to issue $500,000 a d d itio n a l bonds.
M ississippi V a lle y T ru s t Co., St, L o u is, T ru s te e . A t la te s t d ate
th ese bonds h ad n o t h een floated .
R o ad — O perates ab ou t 40 m ile s o f track; 30 m ile s o f e x te n s io n s
proposed. A l l in th e c ity o f St. L o u is .
O p e r a t io n s —F o llo w in g is th e n u m b er o f p assen gers c a rrie d d u rin g
each q u a rte r o f the ca len d a r y e a r s :
2 d auar.
3 d guar.
4 th guar. Tot.for year.
ist guar.
4,005,693
4,021,925
3,880,394 15,396,440
1901 ...3,488,428
4,929,299
3,798,405 16,812,998
1 9 0 0 .. .2.905.941 5,179,373
3,243,173
3,305,674 12,520,912
1 8 9 9 .. .2.727.241 3,244,924
2,952,439
3,042,831 11,738,548
1 8 9 8 .. .2.673.149 3,070,129
OFFICERS— V ic e -P re s ’ t, 8 . M. K o n n a rd ; Seo. and T rea s., T . C. K im b er;
G e n e ra l M a n a g er, Thos. M . Jen kin s.—V , 73, p. 1113.
( 1 ) 8T. L O U IS St M E R A M E C R I V E R R R .—
E n tire issue o f sto ck ($2,000,000) is h eld in th e tre a s u r y o f th e St.
L o u is & Suburban, w h ic h co m p a n y also gu a ra n tees th e b o n d s ..
ORGANIZATION—O rg a n ize d in 1894, and in 1896 o b ta in ed a ll th e
rig h ts and fran ch ises o f th e M a n c h e s te r R o a d E le c tr ic R y .
S t o c k and B onds —
D ate.
Interest. Outstand’g.
M a tu rity .
Stock, $2,000,000..............................................
See t e x t ........................... .
1st M ., $1,000,000, g o l d ! 1896 6 g. M -N $1,000,000 M a y 8 , 1916
($1,000), g u a r .p .& i.,b y >In te r e s t a t M ississip p i V a lle y T r u s t Com St. L . & Sub., en d — c* ) p a n y, St. Lou is, tru stee.
Consol. M ., $ 2 ,0 0 0 ,0 0 0 ... 1898
(i) N o n e F eb . 1 ,1 9 0 2
(I)
I n 1898 stock in crea sed to $2,000,000 (fr o m $1,000,000), and a n ad
d itio n a l issue o f $ 1 ,000,000 bonds a u th orized fo r ex ten sion s, etc.
ROAD—T r o lle y fro m S arah St., o n 8t. L o u is & Suburban, to Jackson
R oa d , 10-96 m ile s ; e x te n s io n 3 m ile s to St. L . & K ir k w o o d tra c k s o v e r
w h ic h oars ru n to M era m ec H igh la n d s.
R a ils , 73-lb. g ir d e r and 60-lb
T - T h e St. L o u is & Suburban fu rn ish es p o w e r an d ca rries th e
c o u n try passengers 3% m ile s o v e r its o w n ro a d to d o w n -to w n
term in u s o f o th e r lines.
( 2 ) ST. L O U IS & K IR K W O O D R R .—A t r o lle y ro a d .
O r g anizatio n —C o m p leted M a rc h 1 ,1 8 9 6 . C on nects a t F o re s t P a r k
w ith L in d e ll R a ilw a y ,
In J u ly , 1897, St. L o u is <fc Suburban R y . ob
ta in ed control. T h e Suburban ro a d con n ects w ith i t a t K ir k w o o d and
uses its tra ck s fo r abou t 4 m iles.
STOCK & B o n d s —
Date.
Interest.
-Oktstand’ y.
M aturity.
S tock (par, $ 1 0 0 )............................................. .
$300,000
..................
H e w 1st m ort., $350,000. 1898
............ N o n e F e b . 1, ’0 2 ....................
N e w m o rt., $350,000, w a s a u th o rized to r e p la c e 1st m o rt., $300,000.
R oad—O w ns l o t s m ile s tra c k in St. L o u is C o u n ty (n on e in th e c ity ).
—V . 64, p .3 3 1 .
S A L T L A K E CITY, U T A H .
P o p u l a t io n 1900 53,531
i n - 1890 w a s 44,843,
a n d i n 1880 w a s 20,768.
C O N S O L ID A T E D RY. & R O W E R CO
—1
T r o lle y .
O rganiz ation —In c o rp o ra te d in 19 0 1 'fh U ta h to ta k e o v e r an d co n
so lid a te the S alt L a k e C ity R R . (ch a rtere d Jan. 1 9 ,1 8 7 2 ); th e S a lt
L a k e R a p id T r a n s it Co.; th e B a s tB e n c h S tre e t R y , an d th e P o p p e r to n
P la c e & Ft. D o u g la s R a p id T ra n sit.
W E S T SIDE R A P I D T R A N S IT —A n electric and
steam road. Operates 12 m iles of track. Stock, $300,000. President,
L. L. Nunn; Sec. and Treas.. A. M. Wrench.
SAN
A N TO NIO , TEX.
P o p u l a t io n 1900 w a s 53,321; in 1890 w a s 37,673,
a n d IN 1880 w a s 20,550.
S O U T H E R N L I G H T & T R A C T IO N CO-The A m erican Ligh t & Traction Co. lias absorbed the Southern L ig h t
& T raction b y the purchase o f a v e r y la rge controllin g interest in the
stock. V. 73, p. 235,
O rgan ization —Incorporated in 1899 as a consolidation of the San
A ntonio fr a c tio n Co. and the San A ntonio Gas & E lectric Co. The
Traction Co. is a consolidation o f the San A ntonio Street Ry. Co. and
the San A ntonio Edison Co. The Gas & Eleotrio Co., in turn, is a con
solidation o f the San A n ton io Gas Co. and the Mutual E lectric L igh t
Co., and does the entire gas and electric business o f the city. These
properties w ere financed b y Emerson M cM illin & Co., N ew Y ork . In
1901 acquired by purchase the A lam o Heights RR. and liquidated It;
also acquired the W est Side E lectric St. Ry., and n ow ow n and op er
ate all the street ra ilw a ys in the oity.
S t o c k & B onds —
Date.
Interest. Outstanding. M a tu rity.
Stock $2,500,000 ($100)...............................
$1,805,000 |
C ol.Tru st $2,500,000,g „ ) 1899
5 g. M-S
1,985,000 Sep.1,1949
($1,000); no s. f.. . c* S In t. at Continental Tr. Co., N. Y ., Trustee.
Bonds—The bonds are secured by deposit w ith the Continental
Trust Co. o f N ew Y o rk o f all the stock and a ll the bonds (the la tte r
$750,000) o f the San A n to n io Traction Co. and the San A nton io Gas
& E lectric Co., and are redeem able at 105 upon six months’ notioe.
D iv id e n d s —Th e first semi-annual dividend of 1 % p. o was paid
M ay 20, 1900; also 1% p. c. N ov. 20; in 1901, M ay, 1% p. c.; N ov. d iv
idend and since passed.
R oad —1
O wns and operates 40 m iles o f track in C ity o f San A n ton io.
L a t e s t Earnings —O f the combined properties from A pr. 1 to Sept.
30, 1901, net was $92,980, against $71,983 in 1900.
R eport —N e t a fter deducting taxes, eto., fo r ye a r ending Maroh 31,
1901, $161,517; interest, $80,107. In 1900, net $155,560; interest
$74,222.
O ffic er s —President, Em erson M cM illin; Secretary, W. F. D outh irt,
40 W a ll St., N e w Y ork ; Treas., C. T. S coville.—V. 70, p. 740, 793, 895;
V . 72, p. 723; V. 73, p. 237, 1012.
S A N D IEG O , C A L .
P o p u l a t io n
i n 1900 w a s 17,700; in 1890 w a s 16,159;
a n d i n 1880 w a s 2,637.
S A N D IE G O E L E C T R I C R Y - A trolleyroad.
ORGANIZATION, E t c .—B e g a n o p e ra tio n in 1891, an d in M arch, 1898,
purchased C itizen s’ T ra c tio n Co, at fo re c lo s u re sale. O w ns 18 m ile s
o f tra ck . S tock auth., $500,000. P resid en t, A . B. S preekels, San F r a n
cisco, Cal.; Y ic e -P re s ., E . S. B abcock ; Seo. and T rea s., J. A . F lin t.
•‘ T
S
’• A N
*. F O
Tff R
“ ?'D * ME.
P o p u l a t i o n 1900 w a s 6,078; i n 1890 .w a s 4,201;
AND IN 1880 WAS 2,734.
S A N F O R D & C A P E P O R P O IS E R R —A trolley
road
O r g a n iz a t io n —C on n ects S an ford , A lfr e d , L y m a n ,K e n n e b tm k , W e s t
K en n eb u n k and K e n n eb u n k p o rt, M e., w it h th e te r m in a l a t C ape
P o rp o ise.
STOCK & B o n d s —
Date.
Interest. Outstanding. Maturity.
Stock, $250,000 ($ 1 0 0 ).....................................
$250,000
...............
1 st m o rtg a g e , $ 2 5 0 ,0 0 0 ,) 1899
5 g.
250,000 J u ly, 1928
$1,000, g o l d ............... 5 M o rto n T ru s t Co., N. Y ., Tru stee,
Bonds a re gu a ra n teed fo r fir s t fiv e years:
R oad —R o a d b e tw e e n S an fo rd and K en n eb u n k , op en ed A u g u s t 19,
and co m p leted to C ape P o rp o is e , 6 m iles fu rth e r,'o n Sept, 1 1899;
to ta l, 25 m iles; la id w ith 60 lb . T ra ils; sta n d ard gu a ge, and o p e ra tin g
16 p assen ger cars.
• ••
E a r n in g s —F 6r y e a r en d in g J u n e 30, 1901, gross, $64,093; net,
$17,523; fix e d ch arges, $18,4i2; d eficit, $919.OFFICERS— P res, and Gen. M a n ..E m e s tM . G o od a ll; V ie e -P re s ., Frank
H o p e w e ll; T rea su rer, L o u is B. G o od a ll; S u p erin ten d en t, I, L. M
eloon.
— V. 68, p. 332; Y . 69, p. 492.
S A N FR A N C ISC O , CAL.
P o p u l a t io n 1900
w a s 342,782; i n 1890 w a s 298,997;
AND IN 1880 w a s 233,959.
C A L IF O R N IA STREET C A B L E O rganization —C h a rtered F e b . 8 ,1 8 7 7 .
W edn esday in J u ly.
STOCK & B o n d s —
Date. Interest.
A n n u a l m e e tin g th e second
Outstanding.
Maturity.
S to ck (p ar/$ 1 0 0 ).......... . . . . . . M o n th ly. P f i ^ j g j R
’
V .......
1st m o rtg a g e , g o l d . . . .
1890 5g. J - J
$900,000
Jan. 1 ,1 9 1 5
Dividends h a v e b een 50 cents m on th ly.
R oad —O perates 11% m ile s o f tra c k on 5% m ile s o f street.
O f f ic e r s — R esident, J- B- Stetson ; V ic e -P re s id e n t, A .
B o re l;
S ecre ta ry, W. E . G riffith ; T rea su rer, A . B o r e l & Oo.; Supt., J. W. H a r
ris . O ffice, San F ra n c is c o , Gal.
S T R E E T R A IL W A Y S
GEARY
STREET
PARK
& OCEAN
RR-
ORQANIZATION—Incorporated N ov. 5, 1878. Annual m eeting tirat
Wednesday a fter seoond Tuesday In A pril.
Outstanding. M aturity.
Date. Interest.
S t o c k & B onds —
10,000 shares, | See text.
Stock (par $100)...........
$37 paid In.
$671,000 ( )ct. 1, 1921
1891 5g A - O
1st M., $750,000, gold
Dividends—Paym ents are In 50 cents per share. In 1895, 6 dividends
o f 50 cents paid; In 1896, 5 dividends; in 1897, 3 dividends; In 1898,
6 dividends; In 1899, 6 dividends; in 1900, 6 dividends; In 1901, 5 d iv i
dends o f 50o. and one o f $1. In 1902, March, 50o.; June, 50c.
R oad—Owns 4 miles o f double-track oable road laid w ith 72-lb. steel
rails.
O fficers —President, H. G. Platt; Vice-President, Adam Grant;
Secretary, Richard D erby; Treasurer. E. C. W right. Otlloe, Crocker
Building, San Francisco.
UNITED RA ILW AY S INVESTMENT CO. OF
SAN FRANCISCO-
O r q a n iz a t io n .—This company was Incorporated under the law s of
the State o f N e w Jersey in February, 1902, and upon organ ization ac
quired from a syndicate, o f whloh Brown Bros. & Co. are managers,
$13,950,000 (o a t o f $18,617,000) o f the stook o f the M arket Street
By., $1,800,000 (out o f the $ t,000,000) of the Sutter S treet Ry., $213,200 (out o f $231,080) o f the Sutro Railroad Co. and the entire capital
stook of the San Franolsco A San Mateo Eleotrlo Ry. I t Issued its en
tire capital stook ($25,000,000) in paym ent fo r these stocks, and for
$1,600,000 In oash paid o ver by the syndicate. The stocks acquired
w ere then turned o ver to the U nited R ailroads o f 8an Francisco, the
United R ailw ays In vestm en t Co. re ceivin g In paym ent th erefor $17,408.000 o f the new bonds, $17,403,000 o f preferred stock and $17,408.000 o f oommon stook o f the U nited Railroads o f San Franoisco.
On June 7,1902, the fo llo w in g shares had been acquired: 185.433 out
o f 186,17# o f the M arket Street Ry., 19,888 out o f 20,00o o f the Sutter
Street Ry., 22,568 out o f 23,108 o f the Sutro RR. Go. and the entire
oapital stooks o f the San Franolsco & San Mateo E lectrio Ry.
$20,000,0 >0 preferred stook and $19,999,100 oommon stock o f the
United Railroads o f Sau Fraucisco is owned by the United R ailw ays
In vestm en t Co.
Last div.
STOCK—
Date. Interest. Outsiand’g.
$ 10,000,000
Common, $10,000.000($100) .................
Pref., 5% cum., $15,000,- )
15,000,000
000 ($100)
5 .................... " U
Stork. - T h e p referred stock can be retired at 110. -V . 74, p. 428,479,
529, 630, 831, 885, 933. 10.9, 1091.
U N I T E D R A I L R O A D S OF S A N F R A N C IS C O -
—T ro lle y and cable.
Incorporated in C aliforn ia on Feb. 5, 1902, and through the instru
m entality o f the U nited R ailw ays In vestm en t Company o f Sau Francisoo had acquired up to June 7, 1902, $18,543,327 out o f $18,617,000
stock o f the M arket Street, Ry., $1,988,800 out o f the $2,000,000 stock
o f the 8utter Street R y., $225,680 out o f $231,030 o f the stock o f the
Sutro R R . and the en tire stook ($1,000,000) o f the San Francisco &
San Mateo Ry. 1'he entire share capital (all but 9 shares o f common
to qu alify directors) o f the United Railroads o f san Francisco is held by
the United R a ilw a ys Investm ent Co. o f San Franoisco. V. 74, p. 630.
O utstanding.
Date. Interest.
M a tu rity .
S t o c k & Bo n d s —
$ 20 , 000,000
Common, $20,000,000.
20 , 000,000
P f .,4%oum., $20,000,000
3,500,000 A p ril 1. 1927
1902
4g.
Sinking fund gold bonds In terest at com pany’ s office, or at N e w Y ork .
$35,275,000 (1,000)
Union T ru st Co., San Francisco, trustee.
M arket St. Cable R y ., 1st t qqo n & t _ t
3.000. 000 J a n .l, 1913
J J
M., $1,000 g o ld ........c ( J-obo
----- ---2.000. 000 A p r. 2, 1918
Omnibus Cable
Co. -I s t------------M 1888 6 A - O
350.000
Park & C liff House Is t M 1887 6 J - J
Jan. 1,1913
M ar. 1,1912
700.000
P o w ell Street 1st M ---- 1887 6 M - S
J a n .1,1914
250.000
Pa rk A Ooean 1st M ... 1884 6 J - J
Mar. 1,1914
650.000
Ferries & C liff H. 1st M 1889 6 M - S
M arket Str. Ry. consol..
5g. M - S
5,124,000
Sept.1,1924
M. fo r $17,500,000 g. 1894
Interest is payable at T reasu rer’ s office, San Francisco.
8utter S t 1st M. g o ld > 1888 5 M - N
1,000,000
M ay 1, 1918
($1,000).......................5 Cal. T itle, Ins. & Tr. Co., San Fran., trustee.
Bonds.—O f the $35,275,000 sinking fund gold 4s, $9,866,000 are re
served to retire underlying liens (the other $4,725,000 needed fo r
that purpose being provided by the operation o f the sinking funds), and
$5,409,000 fo r extensions and improvements. A sinking fund equal
to 2 per cent o f the entire gross earnings, but not less than
$100,000 a year, begins Jan 1, 1905. A ll the incom e above 5 p ercen t
on the oommon stock must also be applied as a sinking fund or fo r
improvements. P r io r lien bonds subject to c a ll: The M ark etS treet
Ry. bonds are subieot to call after Sept. 1, 1918; M arket S treet Cable
Ry. at any tim e a fter 1893; P a rk & Ocean RR. a fter Jan 1, 1890, and
Sutter Street R y. a fte r M ay 1,1903.
E arning s .—The earnings o f the combined properties before consoli•
dation fo r the y e a r ending Dec. 31,1901 were:
G ross............................ $5,125,883 D edu ctions...................
$2,147
Operating expenses___ 3,059,957 In t e r e s t ........................
723,200
Sinking f u n d ................
84,000
.$2,065 926
N e t earnings.
19,377
T o ta l ...................... $809,347
O ther income
“I
N e t in com e.............$2,085,303
S u rplu s........................*$1,275,956
*T h e 4 per cent interest on $20,000,000 o f bonds o f the U nited R a il
roads o f San Francisco w ould call fo r $300,000.
R oad .—M iles o f track operated are:
M arket St. Ry. San F. <CS.M Sutter St. S u tro R R .
Total.
11-50
C able........... 44-31
........
55-81
157-53
E le c tric ...... 117-83
29-36
10-34
H o r s e ______
2-53
1-36
3-89
S te a m ....... 11-72
........
11-72
176-39
29-36
12-86
10-34
228-95
OFFICERS.—President, A rth u r H olland; Vice-Pres., Clias. H olbrook;
Secy. & Com ptroller, Geo. B. Wllloutt; Treas., Geo. E. Starr; Gen. Mgr.,
G .F . Chapman.—V. 74, p. 428, 479,529, 630, 831, 885, 938,1039,1091.
P R E S ID IO & F E R R I E S R A I L R O A D —
O r g an izatio n —Chartered Jan. 6,1882.
STOCK & B onds —
Date. Interest.
Stock (par, $100).................................
1st mort., $250,000................
6 M&N
Outstanding.
M aturity.
{ 1$5°5°SaSidYn.S' }
See te x t-
$120,000
1911
Road —Operates 11 ^ miles of road as follows: Cable, 7 ig miles; horse,
2 miles; steam, 2 miles; total track, l l i o miles.
D ividends of 20 cents per share are paid monthly.
OFFICERS—President, G. A . N ew h all; Secretary, John B. Leighton.
Office, corner U nion and Sharp streets, San Franoisco.
81
SAVANNAH,
GA.
P o pu lat io n 1900
w as 54,214; in 1890 w as 43,189;
and in 1880 w as 30,709.
SAVANNAH
E L E C T R I C CO.-A trolley system.
O r g a n iz a tio n —Incorporated in G eorgia in Dec., 1901, as a con
solidation o f the C ity & Suburban R R ., the Savannah Thunderbolt <fc
Isle o f H ope Ry. and the Edison Electrio Illu m inating Co., com prising
the entire street ra ilw a y and electric-lighting service o f the city.
Franchises fo r both street railw ays and electrio-llghting plant are
perpetual.
STOCK & B o n d s —
Dale. Interest. Outstand’g.
M aturity.
Common,$2,500.000, $100 ......................... *2,500.000 ....................
P f.,$1,000,000,6% n.o.$l00 ................... .
1,000.000 ....................
1st cons. M.. $3,500,000, ) 1902 5 g. J-J
1,500,000 Jan. 1, 1952
gold ($1,000 & $500)..0* SIn t. at Am . L. & Tr. Co., Boston, Trustee.
Sav. Thun. & Isle o f H. 0* ) 1897 4 our. Q-J $1,000,000 Ju ly 1, 1947
1st M.. g., ($1,000) $1,- > Trustee, Central Trust Company, New
250,000.........................)
York.
Bonds—Of theSavannah Electric Co. new m ortgages. $1,000,000 are
reserved to retire a like amount o f bonds o f the Savannah Thunderbolt
& Isle o f Hope R ailw ay. Bonds can be called at 110 and accrued in
terest. The oompauy hinds Itself to apply at least $20,000 per annum
after 1905 towards im provem ents or extension*, or in the purchase
of bonds. Th e City & Suburban RR. has outstanding $250,000 o f 6 per
cent bonds, but as these are to be purchased or exchanged upon pre
sentation, toe omt'f
fr o m above statement. Another m illion or the
new bonds (increasing the amount to $3,500,000) may be issued for
new oonstruotionjand equipm ent a t rate o f $1,000 bond fo r $1,250 in
cash spent. The m ortgage o f the Savannah Thunderbolt <fc Isle o f Hope
R y. is fo r $1,250,000, bu t $250,000 o f the bonds has been retired.
Slock.—The 6 p ercen t preferred stock is subjeot to oall at 120 at
any time.
E arn in g s —O f the combined properties (prior to consolidation) for
the year ending Deo 31, 1901, were: Gross, $433,979; net, $202,443;
taxes, $14,462; surplus, $187,981.
R o ad —Operates 54 miles o f traok in Savannah and v icin ity. N u m er
ous extensions and new lines are proposed.
OFFICERS -P resid en t, Geo. J. Baldwin; Treasurer, H en ry B. Sawyer;
Secretary, W. Y . Davis; Assistant Treasurer, L. A. Bowers; Manager,
Geo. O. N a g le .- V . 73, p. 1358; V. 74. p. 42, 152, 207, 1039.
SCHENECTADY,
N. Y .
P o p u l a t io n 1900 w a s 31,682; in 1890 w a s 19,857;
AND IN 1 8 8 0 w a s 13,655.
SCHENECTADY
R A I L W A Y - A trolleyroad.
O rganiz ation —A reorganization on Feb. 11,1895, o f the Soheneo-
tady Street R a ilw a y Co., which was chartered in 1886. Controls the
entire street ra ilw a y and eleotrio lig h t business in Schenectady and
suburbs.
In Jan., 1901, authorized an increase in its oapital stock from $300,000 to $600,000,to provide fo r extensions and betterments.— V. 72, p.
242. Owns the entire stock o f the Schenectady Illu m in atin g Co.,
which is deposited as additional seourity fo r the bonds o f 1901. F ran
chises unlimited.
Date.
Interest.
Outstand’g.
M a tu rity .
S t o c k & B onds —
Stock ($600,000),$100.
$600,000
N ew 1st mort., gold,
Id, 5 1901 4 i« g. M S 1,050.000 Sept, i , 1941
$2,000,000, $ 1,000..0* J In t. at M ercantile Trust Co. N. Y ., Trusteee.
M a y b e red. after Sept. 1. 1911, at 110 & int.
Bonds—The amount reported out ($1,050,000) allow s fo r the retire
ment o f all the old p rior lien 5s o f 1895, due 1925, o f which some are
still outstanding.
R oad —T o ta l traok owned and operated 41 miles, including exten
slon to A lb a n y o f 12 miles (double track), com pleted la Sept., 1901"
Line to T ro y under construction, and about ,10 m iles com pleted in
June, 1902.
R e p o r t — Fiscal yea r ending June 30:
Tear.
Gross.
Net.
O lh .in c. In t., tax., etc. Bat. sur.
1900-1901.......$93,711
$35,473
$40,217
$21,582
*$17,666
18991900.. _60,886
13,458
32,154
20,215
*13,189
* A ft e r w ritin g off $36,442 in 1900-1901 and $12,208 in 1899-1900
fo r depredation.
L a t e s t E a r n in g s —N ine months to M arch 31.
9 months—
Gross.
Net.
Oth. inc.
Charges.
Surplus
19010 2 .....$190,641
$59,080
$37,629
$32,451
$64,258
19000 1 .....
64,899
22,173
33,800
16,272
39,701
OFFICERS- President, H in sdill Parsons; Vic*--President and M anager,
R. H. F ra s e r; Secretary-Treasurer, Jas. O. Carr, all o f Scheneotady.—
V. 60, p.303; V. 63, p. 71 6 ; V .6 5 ,p .2 3 3 ; V .67 ,p .3 2 1 ; V. 7 1 ,p.544;
V. 72, p. 242; V. 73, p. 338, 445, 495, 554, 1011; V . 74, p. 96.
SCRANTON, PA.
P o p u l a t io n 1900 w a s 102,026; in 1890 w a s 75,215;
a n d in 1880 w a s 45,850.
LACKAW ANNA &
R A P ID T R A N S IT -
W Y O M IN G
VALLEY
O r g an iza tio n —Incorporated under the General R ailroad A o t o f
N ew Jersey in Oct., 1900, to build an electric road from Carbondale
southwest about 35 miles, v ia Soranton and Pittston, to Wilkesbarre.
S t o c k AND B on d s —
Date.
Interest. Outstanding. M aturity.
Stock, $6,500,000 ($100)................................ $6,500,000
................
Col. trust mtge. $1,000), > 1901
5 g. F A
See text. Aug. 1,1951
gold, $5,000,000.......... 5 Int. at Standard Trust uo., N. Y ., Trustee.
B o n d s -O n . Feb. 1,1902, about h a lf o f the bonds had been issued;
the balance is being issued as construction progresses.
Road—In June, 1902, the road w as w ell under construction, bein g
laid w ith 90-lb. rail. 70 m iles traok, standard gauge. Road-bed be
tween Soranton and Pittston o f 10 miles had been practically com
pleted and to be in operation tills fa lL
OFFICERS—President, W illia m Connell, Soranton; Vice-Pres., T. B.
Simpson, Oil City; Treasurer, H. J. Conant, N e w Y ork ; Secretary, S.
R. Ketcham , Philadelphia.
DIRECTORS—M. S. Quay, W illia m Connell, C. C. Mattes and T. F.
Penm an o f Scranton; T. B. Simpson, G eorge Lew is, Joseph 8eep, Oil
City; Dr. G. C. Mohn. Laurelton; D udley Phelps, N e w Y ork .—V. 71,
p. 13; Y . 72, p. 872, 988; V. 73, p. 184.
SCRANTON
R A I L W A Y - A tro lley road.
O r g anizatio n —On Jan. 1 , 1897, assumed all the assets and lia b ili
ties o f the Scranton T raction Co., etc—V. 63, p. 1064; V. 64, p. 85.
The company owns all the stook o f the Carbondale Ry., the Pittston
& Scranton St. Ry. and the Lackaw anna V a lley Traotton Co. and praotioally all o f the stock o f the Soranton & Pittston Traction and the
Soranton & Carbondale Traction; also the en tire issue o f the n ew Car
bondale R y. m ortgage ($300,000).
f -»j
STREET
82
RAILWAYS
_S t o c k &_ Bo n o s_Vm\ M # » Interest. Outsiand'y,
M a tu rity .
’ >,000),
block i#6Jj0O>000j,,
#50 ....
. . . . .........
$3,000,000 BeiK,,1900,1%
^ r a u t o u XVL.O U l / lj(X)0 J.yyjj (Ig M - fl
1,000,000
N ov. 1,1032
S a . o T ^ u S s L * u x * * * « K w Clark Jt Go , m u a d p u i a .
8c
i
u
i
i
000 1890 6 M N
100,000
M ay 1, 1920
ScraufOli Bub. 1st / 5Q0<kC 1890 tig M S
200,000
1000
M., g., gii.,p*Al,u* i Trustee, Farm ers’ L. A T, Co., N. V.
F«M>l>'aot'Ry 1st M.g. 1,000 1888 tig. F - A
200,000
A u g. 1,1918
Do
gdti. M .,g o ld ... . 1891 tig. J -D
100,000
Deo. 1,1921
Scranton Ry, M., $2,500, / 1897 5g. J J
$00,000
N ov. 1, 1932
00O, gold (#1,000) .. o ' > Tru stee, C ontinental Trust, N. Y. City.
8orau ' ou Ry. gold col. , 1900 5g. i- J
#500,000
N ov. 1, 1932
trust #500,000 (#1,000, [*■P ro v. L ife A Crust < u., Ph ila., trustee.
#500)0*.... ****...........
) lu t, (X) at office in Scranton, o r ag’ ey .P h ila .
x F r e e o f U nited States and P en n sylva n ia S ta te taxes.
Bonds— O f the #2,500,000 Hot ante u Hy. m o rtg a g e 5s o f 1897, $1,600,
000 are reserved to retire p r io r bonds at m atu rity. Th e co lla tera l trust
bonds can be called at any tim e at 105 and interest on 30 days*
n otice; fu rth erm ore the rig h t is reserved to ca ll in and exch an ge the
bonds at any tim e before m a tu rity fo r bonds bearing the same ra te o f
In terest **which m ay be issued by a consolidated street ra ilw a y com
pan y eon troilin g i y consolidation o r lease the street ra ilw a y lines
represented by the securities pled ged.” Th e securities pledged con
sist o f ail the stuck (#450,0* 0) and the en tire issue ($300’ ,uOu) o f the
Carbondale. r a ilw a y Co. m o rtg ag e o f 190o ; also $493,700 out o f the
#500,Ok o stock o f the Scranton A Carbondale T ra c tio n Co,; #943,775
out o f the #976,125 stock o f the Scranton & P it t ' ton T ra c tio n Co,;
lik ew ise $60,eO<> out o f the #355.510 bonds o f the la tter.
D ivid end s—The first d ivid en d o f 1 p, e* w as p a id Sept. 1,1900.
jS/Ha r.—T h e com pany antlered fro m a strike o f its em ployees from
Oct, 1,1901, to A p r il 1,1902.
R oad —O wns and operates all the stre et roads in and around c ity of
Scran too, h a vin g an a g g reg a te m ilea g e as fo llo w s :
Owned—
Miles. Lackaw an n a V a l. T r a c .. . . . . 3* 94
Scranton R a ilw a y
...........38 TO Carbondale R a ilw a y ........... 15*25
Leased M iles. P itts to n & Scranton S t. R y . 2 03
Scranton & Pittston ............... 12*44
T o ta l s y s t e m .. ................ 76*68
Scranton & C arbondale........ 4 92
R e p o r t —Th e fo llo w in g (fo r years en din g June 30) covers the opera
tions o f all lin es con trolled fo r 1901, but fo r 1900 includes leased
lines fo r M a y and June, 1900, on ly; fo r p eriod s b efo re that results
include the Scranton Ry. alone.
(dross
Net.
Taxes.
Interest.
Bat., Sur.
1901..............$614,022
$259,564
$19,200
$200,880
$39,484
1900............. 464,807
224,066
13.700
140,523
69,843
1899............. 393,566
198,240
11,000
127,579
59,661
OFFICERS— President, C.M. Clark; V ice-P resid ent, E. W. Clark Jr.; Seo'y
and Treas.,C . F ord Stevens, B u llitt Building, Phila.; Geu. Men., Frank
Sillim au, Jr., Scranton. P a.—V. 64, p. 85; V. 67, p. 127; V . 68, p. 674;
V. 71, p. 492; V. 73, p. 1265.
C A R B O N D A L E R A I L W A Y —A tr o lle y road.
Th is is the old C arbondale T ra c tio n Co., which w as sold at fo re
closure in 1900 T h e Scranton R a ilw a y Co. ow ns a ll 1he stock o f the
C aibon dale R a ilw a y, also the $300,000 5 p. c. go ld bonds, due June
1, 1926. Road is leased to Scranton R a ilw a y.
STOCK & B o n d s —
Date. Interest. Outstand'g. M a tu rity .
Stock auth., $450,000) ($ 5 0 ).........................
$450,000
..............
1st M .f Carbondale T ra c tio n 11892 6 g J - J
150,000 J u ly 1,1 922
Co., c* & r ($150,000), gold [-In terest at C entral Tru st Co., trustee,
($500 & $1,000)................... ) N e w Y o rk C ity.
C arbondale R ’ w ay, 1st m o rt- ) 1900 5 g. J -D
300,000 June 1,1926
gage, $300,000, gold, regis- > In t. at E. W C lark A Co., P h iladelph ia.
te re d ...................................... ) Geo. L . E stabrook, P h ila ., trustee.
BONDS—F irst m o rtg ag e o f Carbondale T ractio n , due 1922, has a
sinking fu nd o f $2,500 per annum a fte r Ju ly 1, 1895, but bonds can
not be called T h e r e w bonds due 1926 h ave no sinking fund, but can be
called at any tim e at 105 and accrued in terest upon 10 days* notice.
Road—System includes 15 m iles o f road, b egin u in g at F o rest C ity,
Pa., and running through V au dling, Richm ondale, W ilson Creek
Simpson, Carbondale, M ayfield, J en n y n , A rch bald to P e c k v ille , w here
It connects w ith Scranton lines.— V. 69, p. 1061; V. 70, p. 75.
(i)
S C R A N T O N & C A R B O N D A L E T R A C T IO N —A tro lle y roacL
O r g a n iz a t io n —Scranton R a ilw a y Co. leases this com pan y fo r fifty
years and operates the road and furnishes the p ow er.
STOCK & B o n d s —
M iles. D ate. Interest. Outstand'g.
M a tu rity .
S to c k .................................................................... $500,000
...............
1st M., $1,000,000, g . , ) 5
1893 6 g. J - J
150,000 Jan. 1, 1923
$1,000................... o* > In te re s t at E. W . C lark & Co., Ph ila d elp h ia .
F ree o f State ta x.
)
Bends i o r $100,000 are re s e rv e d fo r p o w e r plan t, i f requ ired, and
$750,000 fo r purchase o f oth er railroads and n ew property.
Road—Ow ns road e x ten d in g from Scranton to A rch bald, Pa., about
5 m iles; connects w ith Carbondale R a ilw a y to Carbondale.
E arn in gs are n ow Included in Scranton R a ilw a y rep ort.
(2)
(3)
S C R A N T O N & P IT T S T O N T R A C T IO N .—A tr o lle y road.
O rganization —C hartered Sept., 1893, and on Oct. 5, 1893,leaseo
fo r 50 years to Scranton R a ilw a y C om p an y; has since been
purchased hy the Scranton R a ilw a y Com pany. T h e Pittston
Com pany ow ns the en tire ca p ita l stock o f the L a ck a w a n n a Street
R a ilw a y and the P ittston Jenkins A A v o c a S treet R a ilw a y , and a
m a jo rity o f the capital stock o f the P itts to n Suburban Passenger
R a ilw a y , o p era tin g th eir prop erties under lease.
STOCK & B o n d s — M iles. Date. In terest. Outstand'g
M a tu rity .
Stock (par $ 1 0 0 )..............................................
$976,125 .....................
M ort. $525,000, g., ( 15
1893 6g. A - O
*355,500 Oct. 1, 1923
$1,000 <fe $500 o*< In terest (x ) at U nion Tru st (Tru stee), Phila.
gu. b y Scran. Tr. ( 1 to 400 $1,000 each and Nos. 401 to 650 $60v
x Both p rin cip a l and in terest are p a ya b le fr e e fro m a ll U n ited States
and State o f P en n sylva n ia taxes.
* O f the bonds outstan ding $295,500 are guar, b y the Scranton R y.
Road —O w ns and operates 1 2 ^ m iles o f tra ck , u n itie s Scranton
w ith G reenw ood, M o o s ic ,T a y lo rv ille , A v o c a , P itts to n and Readham .
Earnings —E a rn in gs are n ow in clu ded in Scranton R y.
SEATTLE,
WASH.
P o p u l a t io n 1 9 0 0 w a s 8 0 ,6 7 1 ; i n 1 8 9 0 w a s 42,837;
a n d in
1880
w as
3,5 3 3 .
T H E S E A T T L E E L E C T R I C CO.-(A
t r o lle y ro a d ).
Th is com pany, which w as in corporated in the sta te o f W ashington
on Janu ary 3 , 190o, is a consolidation o f n ea rly a ll the street ra ilw a ys
(a ll e x c e p t one sm all road) and electric-ligh t in terests in and around
the C ity o f Seattle. In 1900 was gran ted a 35-year fran ch ise o v e r all its
lin es,b u t m ust s ell 25 tick ets fo r One dollar. In F eb ru a ry, 1901, the
1st m tge. bonds w e re listed on the Boston Stock Exch an ge. G u aran
tees the S eattle R a ilw a y Co bonds, p rin cip a l and interest. The fo llo w
in g com panies h ave been acquired:
Seattle Traction Co,
Third 8t A Suburban B y . C o .
W est He. a N o rih End E lec tric B y
Union Klee*He Co,
Mad Don Hi. Cal le Hy Co.
v iu k e Block Lig h tin g Plant.
Union Trunk Line.
Fir.6t A \e. < able i' y
CoinsuiL nrg’ E teeti io C o.
Grant Bt Electric Hy.
Green Lake E lectric Ky.
James Street ComtMii lion Co
North Beattie Cable By.
The Seattle R a ilw a y Co,
Beattie Steam H eal A P o w e r Co.
Date. Interest. Out*land i n j M a tu rity .
S to c k & Bo n d s —
Ht'k. $5,000,»J00 <urn. «$100)
#4,600,Oh0
....
Stock, $3 000,000, p ier 6/
1.750.000 A pr. *6*2/2%
p ercen t non cum '#100) {
4.518.000 Feb 1,1930
1st M. $5,00o,QQO, gohL c* %
5 .1900 8 g F - A
( #1,000) .. ..................... i In t. a t Boston Safe Dep. A i r. Cu.* Trustee.
B >y da— I be m ortgages on must o f the consolidated oi.inpanie* have
been dU ch argttl and com panies turned o v e r to the Seattle E le c tric
Co. o u trig h t; the others are operated by the E lectric C*».
o w n e r of
pr&ct-icallv a ll o f the stock and bonds. O f the new m o rtgage #482,000
can be h*sued o n ly fo r actu al additions and fo r not o v e r 75 p. e. o f
cost o f same, tiin k m g fu ru l^ X p o. o f the en tire am ount or bonds
outstanding I* pa ya b le y e a rly. Bonds can be called at 110 dud intexesL
Dividends— F irst div. of lt g p. e. on pref. stock was paid A p ril, 1901.
D ividends changed to h a lf-yea rly , and 3 p er cen t paid Oct. 1,1901; In
1902, A p ril, 3 p. o.
R o a d —Operates about 67 m iles o f track. Num erous extension s
proposed.
R e po r t .—For calendar years as follows:
1901.
G r o s s ..,......... ....................... , ....... ................ $1,489,514
N et
.................. . .....................................
554.877
O ther in com e................ ..................................
9,622
T o ta l incom e ............................. ....... .............
F ix e d ch a rges............................ .....................
$564,499
261,875
190A
$1,221,643
322,664
........ .
#322,664
*201,51:0
$121,084
S u rplu s......... .................. ................ .....
$302,624
O f f ic e r s —P resident, Jacob F u rth ; V ice-P resid en t and Treasu rer,
H en ry B. S aw yer; S ecretary, Geo. Donworth; G en eral M anagers,
Stone & W ebster, Boston, M ass.—V . 70, p. 2 3 i, 584; V. 71, p .4 38,
1221; V. 72, p. 582, 873, 1136; V . 73, p. 664; V. 74, p* 207.
( I ) 8 E A T T L E R A I L W A Y CO,—A cable road.
O r g a n iz a t io n —T his w as fo rm e rly the S ea ttle C ity R y., which, to .
gather w ith Leschi Park, w as purchased at foreclosu re sale on Sept
21, 1901. In October, 1901, w as re-incorporated in W ashington under
the a b o ve title.
Interest.
O utstanding.
M a tu rity .
S t o c k & Bo n d s—
Date,
.............
$50,000
...............
Stock, $500,000 ($100)
1st M .,$ s 00,000, gold , J 1901
5 g. M -9 _ 5 0 0 0 0 0
N o v. 1 ,1 921
*. j( :In t.
* at
- - -Bostion Safe D ep A Tr. Co.,Boat,, trustee.
($1,000) o.*,guar.
pA' i.
Bonds— s in k in g Fund is one p e r c e n t an n u ally; bouds can be called
at 110 and accrued in te rest on tw o w eeks' notice.
R o a d —O wns about 5 m iles o f cable road on 5 m iles o f street in
Seattle, know n as the Y e sler A ven u e and Jackson S treet lines. V. 72,
p. 873; V. 73, p. 186, 2o7, 495, 664, 785, 1062.
SEATTLE
& R E N T O N RY.-Trolley.
O r g a n iz a t io n — I n 1899 purchased th e road and franchises o f the
Seattle <fe R ainer Beach R y .t fo rm e rly the R an ier A v e . El. R y . forer
closed. Th e S eattle A R anier Beaeh, h ow ever, m aintains its co rp o ra te
existen ce. N o re o rga n iza tio n contem plated.
S t o c k & Bo n d s —
Date.
Interest. Outstand'g. M a tu rity .
Stock,(par, $10 0)($100,000)...........................
$100,000
. . . ...............
First
50
000
n
899
5
J
“
D
65’000
H
n e 1, 1914
First m ortgage, $150,000 f g ta te g t
Co t B oston, Trustee.
R o a d —O perates 12 35 m ile s ' o f track, ex ten d in g from S eattle
through Colum bia C ity and D u nlap to Renton. R a ils, 30-56 lb. T and
girder. Franchise runs t ill 1915.
O f f ic e r s .— President and Gen. M gr., F. H . O sgood; V ice-P rest., H.
Chapin; S ecretary, W. A . Peters.
S E A T T L E -T A C O M A
IN T E R U R B A N
R Y.-Is
using th ird rail.
O r g a n iz a t io n — Orga n ized in 1901 under the la w s o f the State o f
W ashington. Stone A W ebster, Boston, and the p a rties w ho co n trol
the Seattle E lec tric are interested.
S TO C K & B o n d s —
Date. Interest. Outstand'g.
M a tu rity .
Stock, com., $1,500,000 ($ 1 0 0 )........................ $1,500,000 ..................
Stock, p ref., 6 p c., n on -cu n i, >
m
$500,000 ( t* *00)
............. $ ..........................
o u u , lw ..................
1st M ., $2,000,000 ($1,000) > 1901 5 g .F - A
(?)
Feb. 1, 1931
g o ld ...................... ............c* l In t. p a ya b le at O ld Col. Tr. Co., trustee.
Bonds—$650,000 are reserved fo r fu tu re r*qu irem en ts at 80 p e r c e n t
o f cost o f the same. A s in k in g fu n d o f 1% o f bonds becom es op era tive
a fte r A u g. 1, 1906; a ll bonds held b y the sin kin g fu n d are to rem ain
a liv e and to bear in terest. E n tire issue m ay be ca iled at any tim e at
110 and accrued interest, and sufficient bonds fo r the sinking fu n d
requ irem en ts m ay be ca lled w hen necessary.
R o a d —Com prises a lin e fro m S ea ttle to Tacom a, a distance o f 36
m iles. R a ils 70-lb. T* W ill ca rry both fre ig h t and passengers. U ses
th ird rail.
O f f ic e r s —P resident, Jacob F u rth ; V ice-P res., H. B Saw yer; Treae.,
W. C. Forbes; Sec „ G. D o n w o rth ; A e s 't Sec., E lio t W adsw orth; Gen.
M gra.v Stone A W ebster, B oston, Mass. —V . 70, p. 1096; V. 71, p. 288,
699; V. 72, p. 989, 1035.
S E D A L l A , MO.
P o p u l a t io n 19C0 w a s 15,231; i n 1890 w a s 14,068;
•
a n d i n 1880 w a s 9,561.
R A I L W A Y & E L E C T R I C CO- OF S E D A L l A.—
This is the old S edalia E lectric & R a ilw a y Co. sold at fo rec lo su re In
M arch, l i 01, and bought b y th e bondholders. C om pany w as o r g a n
ized m M ay, 1 9 0 i, w ith $250,000 stock.
R oad —E leo. R y. L. & P. ow n ed 12 m iles o f sin gle track; B row n
SnriDgs, 3 miles; total, 15 m iles. V. 67, p. 483; V . 70, p. 231, 382,430;
V . 742, p. 242, 582, 1189.
S H A M O K IN , PA.
P o p u l a t io n i n 1900 w a s 18,202; i n 1890 w a s 14,403;
a n d i n 1880 w a s 8,184.
S H A M O K I N & MT.
CARMEL
E LE C * R Y -
C h artered Oct. 18, 1892. I n June, 1902, plans w e re under w a y fo r
in creasin g ca p ita l stock, bu ildin g n ew m ileage, etc.
STOCK & B o n d s —
Date.
In terest.
O utstand ing.
M a tu rity •
Stock, $500,000 ($ 5 0 )..
........
$500,000
.....................
B on ds.............................. 1893
6 J -D
500,000
Deo. 1 ,1 9 2 3
ROAD—Shamokin to L o g s v ille , G reen R id g e, M t. Carm el, Cunning
ham and C entralia, 19*25 m iles o f track; operates 22 cars.
STREET
R A IL W A Y S .
Ea RNINQS—For tiscaljyears ending June 30:
Year.
Gross.
Set.
T ar end Int, Rental, <fe. B al., Def.
*493
$5,672
1901........$64,183
$33,700
$38,879
1,357
14,084
1900........ 44,918
17,191
30,518
OFFICERS—Pi evident, G. M. Smith, M ount Carmel, Pa.; Vlco-Presldent, D. Ii-b stock, Lebanon, Ha.; Secretary. H. K. Suavely, Lancaster
Junotlon, Pa.; Treasurer, O.jSmilh, A n n ville, Pa.
S H A R O N , PA.
P o p u l a t io n 1900 w a s 8,910; in 1890 w a s 7,459;
a n d in 1880 w a s 5,684.
Y O U N G S T O W N - S H A R O N R Y . & L ’T C O ORQANIZATION.—Incorporated In N ew Jersey on Deo. 5,1900, to take
over and consolidate all the elootrto-llglu and artltloial gas plants and
railways In Youngstown anJ Hubbard, Ohio; »n d Sharon, Sharpsville,
South Sharon and Wheatland, Pa.; also to build a oounectlng line
between these tw o cities.
F7ST0CK & BONDS—
Date.
Interest.
Outsland’ a.
M aturity.
Stock, $2,500,000.........................................
$2,500,000 ....................
1st mtge. $2,500,000) 1900
5 g. J J
2,000,000 Jan. 1, 1931
($ 1,000) gold, s. f..o ' ) Int. at N. Y. Sec. Ac Tr. Co., N. Y ., Trustee.
2d M.. ino., $1,000,000) 19 d
5 g. Mar.
500,000 Mar. 1,1927
gold ($1,000)...........c 5 Int. at N. Y . Sec. & T r. Co., N. Y „ Trustee.
Bonds—First m ortgage bonds can be called at 115 and aocrued iuteresto n a n y interest date; $500,000 o f the bonds are reserved lo r iui
provem euts rind can only be Issued when the net earnings are lta
times the amount necessary to pay interest on all outstanding bonds,
together with those to be issued, and then only fo r 80 per oent o f
the cost o f such improvements.
8eoond mortgage bonds may be called at par and acorued interest
on any iuterest date.
S in k in g F u n d -C om m en cing 1906 1 p. c. is payable annually fo r
ten years, after that l * p o. per annum fo r first m ortgage bonds.
The follow in g securities are pledged under the m ortgage and form a
seoond lien fo r the new second m ortgage.
Stock.
Bonds
Sharon Gas & W ater Co........................................ $52,509
$50,000
50,000
5<’,000
Sharon & Wheatland Street Ry. Co......................
Sharpsville Eiectrio L igh t C.'. .......
12,000
12,000
Shenango V alley E lectric L igh t Co...................... 10,009
10,000
V alley Street ra ilw a y Co..................................... 149,l'»0
75,000
600,000
Youngstow n & Sharon Street Ry. C o ................. 59%000
Youngstow n C on -olidated-las & E lectrio Co.,.. 953,600
500,000
Securities Pledged.—U nder the 2d m ort. income bonds in addition:
Stock.
Bonds.
Sharon & N e w Castle R a ilw a y C o .................. $499,000
...........
Merchants' Light. H eat & P o w e r ....................................
. $45,000
Shenango V a lley S treet R a ilw a y .....................................
19,000
'IROAD-In Juno, 190.’ , 21 miles o f new road was com pleted and
putin operation from New Castle to Youngstow n and to Sharon, w ith a
branch to South Sharon aud Wheatlaud; with 4*2 m iles o f the V alley
Street Ry. (in Sharon and to Sharpsville). makes a tota l o f 2 5 ^ miles
o f road. In addition the 16 m les o f Sh »rou & N ew 'astle Ry., de
scribed below, is operated. Rails 70-lb. T and 95-lb. girder.
•"OFFICERS—Presiden , Randall M ontgom ery; Vice-President. H. W
W hipple; Secretary, Leighton Calkins; Treasurer, Osborn W Bright;
Consulting Engineers, Sanderson & Porter, 31 Nassau St., N e w York ;
Supt., Godfrev Morgan.—V. 71. p. 1023, 1312; V. 72, p. 138, 243, 723,
874; V. 73, p. 1012; V. 74, p. 328.
( I ) S H A R O N <fe N E W C A S T L E R Y 3 . - A tro lley road.
O r g a n iza tio n —Incorporated in N ew Jersey in June, 1901. The en
tire capital stock is owned by the Youngstown-Sharon Ry. & l i g h t Co.
whioh guarantees the bonds, princip al and interest.
STOCK & B onds —
Date.
Interest.
Outstanding.
M a tu rity .
Stook, $500,000.........................................
$500,000
.................
1st mtge. $509,000, g . ,) 1901
5 g. J-J
500,000
Ju ly 1. 1931
(1,000) s. f ............ c * ) In t .a t N .Y Security<fcTrust Co., N .Y ., trustee.
Bonds—A re subject to call at 115 and interest at any in terest period.
R oad —O w es a id operates about 16 miles o f track, extending from
N ew ( astle to Hubbard, Ohio, w here connection is made with the
Youngstown-Sharon system.
OFFICERS—President, H. W . W hipple, N ew Y ork ; Sec. and Treas.,
M. A. Norris, You n gstow n .—V . 73, p. 288,1012.
S H E B O Y G A N , W IS.
P o p u l a t io n a1900 w a s 22,962; in 1890 w a s 16,359 ;
a n d IN 1880 WAS 7,314.
S H E B O Y G A N L IG H T P O W E R & R Y O rqanization , Etc -—Owns 19 miles o f track, w ith lig h t and pow er
plant.
S to c k & B onds — Date.
Interest.
Outstanding.
M a tu r i’y
Stock, $200,000.................
...........
$141,100
.................
1st mtge., $300,000 11896
5 g. A-O
300,000
A p n l 1, 1926
($l,000(. gold____ j In terest at M ercantile T iu st Co., N .Y ., Trustee.
E arnings —F o r year 1901, gross earnings, $81,680; in 1900 gross
earnings w ere $70,00o.
OFFICERS—President, G. B. M attoon; V ice-President and M anager,
J. M. Saemann; Secretary. E. L. Debell; Gen. 8upt., H. P a g il Jr.
83
SOUTH
BEND,
IND.
IN D IA N A
R A I L W A Y . - A trolley road.
O r g a n iz a t io n —On March 15, 1899, wus organized by the consolida
tion o f the South Bend St. Ky., the Indiana E lectric By., the General
P ow er Ac Quick Transit Co., the South Bend <fe Elkhart Ky. and the
Elkhart Goshen & Southern Ky.; franchise perpetual in South Bend,
Mishawaka and Goshen; in E lkhart expires in 1920; operates local
electric lines in above cities and Interurban Llue jo in in g them. Popula
tion served, including E lkhart and Goshen, lud., about 70,000.
Outstand’g. * M aturity.
S t o c k a n d B ond — Date. Interest.
1,000,000.................................
$ 1,000,000
.....................
Stock, $
..........
ruin min ) 1900 5 g-. J-J
POO.oOO
Jan. 1, 1930
1st mort^, $1,000,000, f Girard Trust Co. (Ph ila.), trustee. Int. at
g. ($1,000)........... o ^ Standard Trust Co., N. Y.
Sinking fund o f $10,000 per annum begins January 1, 1905, bonds
to be bought In open market
ROAD—Length o f track, 45 miles. Gauge, 4 ft. 8 hi in.; 70-lb. T-rall.
Owns 65 cars and 3 pow er stations. Extensions under way.
E a r n in g s —For year 1900, gross, $198,835; net, $14,114.
O f f ic e r s —President, A rthur Kennedy, Pittsburg, Pa.; Vloe-Pres.
aud Gen. M’ g'r, .1. MoM. Smith, South B-nd, lud.; Seo. and Treas., J.
B. McCance, South Bend, Ind. G eneral ottloe. South Bend, lu d .—V. 61,
p. e25; V. 68, p. 671.
S O U T H B R ID G E . MASS.
P o p u l a t io n 1900 w a s 10,025; in 1890 w a s 7,655;
a n d in 1880 w a s 6,464.
S O U T H B R ID G E & S T U R B R I D G E ST. RY.
O r g a n iz a t io n , E t c .—Southhrldgeto Sturbrldge, 7 1* miles o f trolley.
Stock, $60,000; par $100. Dividends, M.-N. Bonds, $60,000 1st M.
20-year gold coupon 5s, J.-J. Due Jan. 1, 1917. International Trust
Co., Boston, Trustee. D iv id e n d s —In 1900, M ay 31. 2 p. o. President,
Calvin D. Paige; Treasurer, Francis L. Chapin, both o f Southbrldge.
S O U T H F R A M I N G H A M , MASS.
S O U T H M I D D L E S E X S T R E E T RY.-Trolley.
STOCK & B onds —
Date. Interest Oat'stand'g.
M aturity.
See below. $100,000
See text.
Stock ($100)............................
1st M „ $100,000, gold. 1895
5 g .F -A
100,000
Feb. 1, 1915
Current liabilities Oct. 1,1901, $104,341.
Interest payable at International Trust Company, Boston.
D ividends : In 1894, 6 p. o.; in 1894-95, 2 ^ p. o.; in 1895-96. 4 p. c.;
1896-97, 5G p. c.; 1897-8, 6 p. c.; in 189^-99, 6 p. c.; in 1900-1, 6 p. o.
R o a d —Owns 13-8 miles o f track; rails 45 and 50-lb. T ; has trackage
rights o ver 5*7 miles additonal; to ta l operated, 19-5 miles.
E a r n in g s —Y e a r ending September 30, 1901, gross, $69,423; net,
$13,849; charges, $17,210; deficit, $3,361.
OFFICERS—President, Thos. T. Robinson; Secretary and Treas.,
urer, J. J. Valentine, South Fram ingham ; Gen. Mgr., A. Frank Mars.
S P E N C E R , MASS.
P o p u l a t io n 1900 w a s 7,627; in 1890 w a s 8,747;
a n d in 1880 w a s 7,466.
A R R E N B R O O K F IE L D & S P E N C E R
W
ST
R Y.-A trolley load. Populationtributary estimated at 26,000.
Date.
Interest. Outstand’g. M aturity.
S t o c k & B onds —
Stock ($150,0 0 o )............... ........................................ $150,000 In 1900-01, 2
1st M ., g., $125,000, s. f . ( 1896
5g. M -N
125,000 N ov. 1,1916
a ft.N o v. 1,’99 ($ l,0 0 0 )c .) Int.
:
at In t’l Trust Co., Boston, Trustee.
Loan-* and notes payable Sept 30,1901, about $70,000.
Sinkingfund is $2,000 annually on and after N ov. 1,1899.
R o ad —Owns 20 miles o f track connecting W arren, Brookfield, North
Brookfield, Spencer, etc.
E a r n in g s —Y e a r ending Sept. 30, 1901, gross, $61,263; net, $21,969;
interest and taxes. $15,271; dividends, $3,000; sinking fund, $2,000;
balance, surplus, $1,693.
President, A. B. B ru c e ; Secretary and Treasurer, G. A. Butman.
SPOKANE, W A SH .
P o p u l a t io n 1900 w a s 36.848 ; in 1890 w a s 19,922;
a n d in 1880 w a s 350.
A R L I N G T O N H E IG H T S M OTOR RY-—2miles
o f trolley track. Stock, $50,000. Road leased to Wash. W ater P ow er Co.
S P O K A N E & M O N T R O S E M O TO R RR.
R oad E t c .—Operates
miles o f tro lley track. Stock, $50,000;
par $100. 1st m ortgage 6s, M-S. $40,000, due March 1,1 902: Tru s
tee, P rovid en t Trust Co. o f Boston; Pres, and Gen. Man., O. G. Reeder.
W A S H I N G T O N W A T E R P O W E R CO.’S SYS
T E M - 8 1 ’ O K A N K S T R E E T R A IL W A Y , E t c .
O r g a n iz a t io n —Comprises the] Edison Eleotrio Illu m inating Co.,
Spokane Street R a ilw a y Co., Spokane Eleotrio R a ilw a y Co.,
F a lls C ity Land & Im provem ent Company, the Ross Park Street
R ailw ay Co. and the C ity Pa rk Transit Company. In 1899 a new
m ortgage fo r $2,000,000 was made, providing fo r the retirem ent of
the bonds o f the constituent companies, and substantially all these
old bonds have been taken up, a bonus h aving been offered to induce
the exchange. On Sept. 18, 1900, the capital stock was increased from
$1,500,000 to $2,000,000. and $375,000 was issued lo r the purchase
P o p u l a t io n in 1900 33,111; in 1890 w a s 37,806;
o f the U p R iv e r W ater Power, fo rm erly the property o f the Spokane
a n d in 1880 w a s 7,366.
Falls W ater Pow er Co.—V . 71, p. 289, 646.
S IO U X C ITY T R A C T IO N -A trolley road.
S t o c k & Bo n d s —
M iles. Dale. Interest. Outstand’g. M aturity.
O rganization , E t c .—Chartered iu May, 1895, w ith authorized oapi
tal of $1,000,000, to succeed the Sioux City Street R ailw ay, sold in Stock, $2,000,000.............................................. $1,875,000 J’ ly .’ 02,li4'%
Consol, mort. & c o l l . ) ........ 1899 5.g. J-J
1,600,000 July, 1929
foreclosure. Franchises run fo r 50 years fri m 1889.
t r u s t , $2,000,000, > In terest at Franklin Trust Co., .B rooklyn.
On M ay 15, 1899, absorbed all the other Sioux City lines, and now
gold ($ l,0 0 u ).. .o*,fer ) Trustee.
owns arid operates 42 miles o f road, including the elevated (Sioux
O f the $2,000,000 n ew bonds, $1,435,000 was to take up outstanding
City Trausit), the C em ral Trao ion, the Riverside Park, th e s io u x City
bonds o f the old companies, $150,000 to be issued forth w ith , aDd the
& Leeds E lectric and the South Sioux C ity Traction Co.
balance, $400,000, m a y he issued fo r acquiring additional p rop erty or
STOCK & B onds —
Date. Interest. Outstanding.
M aturity .
fo r improvements or betterments.
Stock, $1,200,000 ($100).. ..
........... $1,100,000
.................
D iv id e n d s —A dividend o f 1 p. o. was paid in Jan., July, and Oct.,
750,001
July 1, 1919
5 r M., $750,000 gold 1899 5 g. J-J
1900; in l9 0 1 ,4 p o.; in 1902, J a n - .l^ p .c .; A p ril, l f i p . c . ; July, l ^ p . c.
In
t.
at
Bank
o
f
M
ontreal,
Chicago,
or
N
ew
($1,000)..................... c*
R o ad —System consists o f 33-95 miles o f trolley road, the oable
Y o rk , trustee.
Bonds—The new bonds provide for the retirement of all outstand lin e h aving been changed to trolley. Rails 30 to 72 lb. Jin g securities of the merged companies.
O ffic ers —P resident, H en ry M. Richards; S ecretary and General
R oad —Operates 42 miles o f track. Cars, 81, o f which 61 motors. E x Manager, D. L. Huntington; Treasurer, H. E. Perks, a ll o f Spokane.
- V . 69, p. 1248; V. 71, p. 289, 646.
tensions o f 7 miles proposed,
Earnings—F or fiscal year endiDg M ay 31:
Year.
Gross.
' Set.
Interest. Surplus.
1902................................... $222,045
$87,513
$37,500
$50,013
P o p u l a t io n 1900 was 34.159; in 1890 w a s 24,963 ;
1901................................... 189,183
60,976
37,500
23,4 6
a n d i n 1880 w a s 19,743.
1900 ....................... ........ 186,923
53,771
37,500
16,271
S P R I N G F I E L D C O N S O L ID A T E D RY.-“. OFFICERS-—President, J. S. Law rence; Vice-President and Treasurer,
A bel A ll* erson; Secretary, J. H , Ricker; Gen. Mgr., E. L. K irk .—V.
O r g a n iz a t io n -—A consolidation of the Peop le’s Electric R a ilw a y
68, p. 873; V. 70, p. 947.
and the Springfield C ity R ailw ay, the la tter incorporated Feb. 18,1861.
SIO UX
CITY,
IO W A .
SPR ING FIELD, ILL
STREET
84
S t o c k & B QNOS“ i h ie s .
St’k ($730,000 auth.) . . . . .
People's Elec.-lat M. . ...
eiptiugimUi City liy. I l o
I>ut‘S.
In te r e s t O u ts ta n d ’g .
R A IL W A Y S .
M a t u r it y ,
S T A T E N I S L A N D , N. Y.
$750,000
........
P o p u l a t io n 1900 v u 67,021; is I860 w as 51,693,
1801
tj A G
100,000 Apr, 1,1911
AND in 1-«(> w as 38.991
1800
0 M-8
125,000
Mar. l , l o l l
Cal M., l a u f u K
Subject to rail at lo o after Mac. X, 1805 RICHMOND LIGHT & RR. CO money, $1 ,000., e, (
Interest at M ercantile trust Go., N il'. City.
O r o a n iz a 11cm This is the company to be form ed as a reorganise*
BprUigil’ktCon. tty, 1 22
1 ««3
5 J - l)
525,000
June 1,1933
or the Staten island Electric B n ., N ew V o.k A -i tateu Islan d
Consol. uiort. lorJ In tar eat at Columbia Trust Co, (Trustee), Louis- tlou
E
lectric
Co. and the Richmond County P ow er Co. ! - also to be
$750,o0o gold ... ! villa, Ky.
Sufficient bonds o f >93 are reserved to retire alt priorU ens at m aturity. come owner or the entire capital o f the corporation owning the prop
erties o f the Sow J e i»e y & Staten island Kerry Co, The shares are
R o a d —O wns and operates 22 miles o f trolley track in tiro City o f to be held by H en ry H. Rogers. W alter G. Oak man and Won L. Bull in
8 print;field. Rails 10 and 00-lb, Ta voting m is t ror live ye a n . For terms o f reorganization and com
L a t e s t E a r n in g s — For 10 moe, ending Get. 31,1901, gross, $142,- plete statement o f plan, see Y . 74, p. 1091. U ntil reorganization has
been fu lly carried out, the companies to be taken over, nam ely the Staten
339, as against $112,311 in 1900.
Island E lectric RR., the N ew Y o rk & Staten Island Elec. Co. and the
O ff ic e r s -- President, W illiam J a m s ; V ice-President, B. W ilson; N ew Jersey A Staten Island F e rry Co., w ill remain in the charge o f
Treasurer and Gen, Man. C. K . M inary. V. 65, p. 730 v . 67, p. 224. John Greenough in receiver.
STOCK & B onos —
Date. Interest. Ouistand’g.
M aturity.
SPRINGFIELD STREET RY.-A trolley road.
O r g a n iz a t io n .—in corporated March 5,1868.
STOCK—
Date. Interest.
Outstanding.
Stock $1,958,400 ($100) ........
T ex t.
$1,958,100
4 L A .-O .
100,000
M aturity.
T ex t.
A p ril 1,1910
D iv id e n d s —E years 1893 to 1901, inclusive, 8 per cen t p er annum.
R o ad .—Owns 73-63 miles (Inol. 11-535 miles 2d track) o f main track
and 1-96 miles o f sidings. O perates 212 cars. Extensions proposed.
Ea r n in g s -—F or years ending Sept. 30 earnings h ave b e e n :
1901.
1900.
1901.
1900.
$
$
$
$
Gross ea m ’gs . 753,809 686,050 D iva.pd. (8%) ..156,672
116,672
N e t ............
. 226,220 206,204 B
al. fo r year.def. 3,686 sur.13,288
T o ta l surplus
73>234
76>244
Sept, 30........... 401,823 280,509
OFFICERS— President, John Olmsted; Supt., G eorge W. Cook; Treas,
Frederick H arris.—V. 66, p. 135,762, 860; V. 71, p. 30, 699.
STATEN IS L A N D M ID L A N D
R R . - A tro lley road.
O r g a n iz a t io n —Chartered Dec, 1, 1890. On Aug. 19, 1895, reor
ganized without change o f name. In M ay, 1898, acquired the lin e o f
the Staten Islan d Traction Co., and was m erged w ith it.
STOCK & BONDS—
Date.
Interest.
Ouistand’g. M aturity.
Stock, $1,000,000 ($100)...............................
$1,000,000
..............
1st m ortgage, $1,000,000, $ 1896
5 g. J-J
1,000,000 Jan.21,1926
gold ($1,000)..............o* ( ln t. at Farm ers’ L. & Tr. Co., N. Y ., trustee.
Current liabilities June 30, 1901, $231,903.
Sinking fund a fter 5 years but bonds cannot be called.
Road—Owns 27-5 miles o f track, including second track, 11-04
miles; operates under trackage rights, I T mile; total track, 27-6 m iles;
rails 65 to 70-lb. T rail and 90-lb. girder.
Earnings—Y e a r ending June 30,1901, gross, $144,814; net, $53,749;
fixed charges, $73,772; deficit, $20,023.
OFFICERS—President, Robt. W etherill. Chester, Pa.; Secretary, H. T..
W alter, Stapleton; Treas., Richard W etherill, Chester, Pa
S P R I N G F I E L D , MO.
P o p u l a t io n 1900 w a s 23,267; in 1890 w a s 21,850;
a n d in
1880
w as
6,522.
S P R I N G F I E L D T R A C T IO N
CO.
O r g a n iz a t io n .—Successor in 1895 to M etropolitan E le c tric Ry.
STOCK AND B onds — Date.
Interest.
Oulstand’g.
M aturity.
Stock, $400,000 ($100).................................
$400,000
___ _____
1st large , $330,000, g. 1 1895
5 g. J-J
330,000
July 1, 1925
($1,00 j ) (cannot be!- In tere st at 8t. Louis Trust Co., St. Louis,
c a lle d )................... o * ) Trustee.
R oad .—Owns and operates 15 8 miles o f track; Westinghouse
elect, system; Ham ilton-Corliss engines.
EARNINGS-—F or calendar year ending Dec. 31, 1901, gross, $78,383
total expenses, including taxes, $42,956; net. $35,427.
OFFICERS-—President, Geo. W. Parker. Union Trust Building, St.
Louis; Secretary, C. H. Smith, St. Louis; Treasurer, J. F. G. Bentley,
Springfield.
STOCKTON, CAL.
P o p u l a t io n 1900 w a s 17,506; in 1890 w a s 14,424;
AND in 1880 w a s 10,282.
STOCKTON E L E C T R I C R R . - A tro lley road.
In June, 1902, H. E. H untington acquired control through purchase
of three-quarters o f the capital stock.
STOCK & B o n d s —Stock $500,000; 1st m ortgage 6s, A-O, $115,000;
due 1917; trustee, California S. Dep. & Tr. Co. Owns 12 miles o f track.
OFFICERS—President, Joseph F y fe; Secretary, H. J, Corcoran.—V.
74, p. 989, 1140.
S P R I N G F I E L D , OHIO.
P o p u l a t io n 1900 w a s 38,253; in 1890 w a s 31,895,
a n d in 1880 w a s 20,730.
S P R I N G F I E L D & X E N I A T R A C T IO N
..........
1st collateral trust inert,, I 1902
4g.
See text.
1952.
t, $2,500,000, gold............ I Lnt. at Guaranty Trust Co., N. Y., Trustee.
Bonds—A fte r reorganization has been com pleted and all old bonds
exchanged, there w ill be $2,200,000 outstanding, the rem aining $3,0,000 being reserved lo r the acquisition o f new property.
Earnings o f the combined companies, viz., the X. Y . & Staten
Island Elec. Co., the Staten Island Elec. R E . and the N ew Jersey &
Staten Island Ferry Co., fo r fiscal year ending June 30,1902, were:
Gross, $432,018; net, $135,331.
R oad —R oad from South Beach to H ow lan d Hook,10-7mUe»; branches
Richmond A vo. to Bull’ s H ead and C love Road, 8-15 m iles; second
track. 12-13 miles, sidings, -04 m ile ; total track, 31-02 m iles; 90-lb
girder Cambria and 84-lb. girder Johnson steel rails; operates 109 ears
—V. 74, p. 479,1091, 1253.
P o p u l a t io n i n 1900 w vs 62,059; in 1890 w a s 11,179;
AND IN 1880 WAS 33,340.
B a f t ^ p m T 9 0 0 ) , OaUi 1895
(1)
Stock,$3,>00,000__...... ..................
SPR IN G F IE LD , MASS.
S T R E A T O R , ILL.
P o p u l a t io n 1900 w a s 14,079; 1890 w a s 11,414,
a n d in 1880 w a s 5,157.
CO--
A trolley road, controlled b y the Pom eroy-M andelbaum syndicate.
O r g an iza tio n -—Incorporated in Ohio on A p ril 19, 1901, as the
L ittle M ia m i Traction Co., but name changed as above in Ootober, 1901.
STOCK AND B onds — Date.
Interest. Outstand’s.
M aturity.
Stock,$500,000 ($100).................. ; ............
$500,000
........ ...
1st Mtge., +500,000.$ 1901
5g. M-N
400,000
N ov. 1,1921
g. ($1,000)......... e* ( ln t. at Cincinnati Tr. Co., Cincinnati, Trustee.
Bonds—No sinking fund and are n ot subject to oall.
R o a d —W ill operate 20 miles o f traok, connecting Springfield and
Xenia, o f which as fa r as Y e llo w Springs was put in operation in June,
1902; entire line to be in operation in Ju ly 1902.
OFFICERS—President, J. R. Nutt; Vioe-Pres., F. T Pom eroy ; Secre
tary, H. C. L a n g ; Treasurer, J. R. Nutt, all o f C leveland.—V. 72, p.
776; Y. 73, p. 1209; V. 74, p. 96.
SPR ING FIELD, V E R M O N T .
P o p u l a t io n 1900 w a s 3,432; i n 1890 w a s 2,881,
AND IN 1880 WAS 3,144.
S P R I N G F I E L D E L E C T R I C R Y . - A tro lle y road.
O r g a n iz a t io n .—L ength o f road, 8 m iles, from Springfield, V t., to
Charlestown, N. H. F reigh t and passenger road.
Capital stock, common, (auth.) $75,000; issued $64,600; guaranteed
6 per cent notes or p referred stock, $34,624. 1st m ortgage fo r $100,000 o f 5 per cent gold $500 and $1,000 coupon bonds dated N ov.,
1, 1897, du eN ov. 1,1917; int. M -N at Nat. Bk.~of Commonwealth, Bos.
E arnin gs — F or year ending June 1, 1901, gross, $33,956; net,
$10,610. In 1900, gross, $34,158; net, $11,007. President and Gen.
M gr., E. C Crosby; Yice-Pres and Treas., M. A . Coolidge; Supt., A. J.
Crosby.—V. 64, p. 1043; Y. 70, p. 793.
P E O P L E ’S L I G H T & R Y.-A trolley road.
The controllin g interests in this com pany recently purchased the
8treator E lectric Ry., also the La Salle-Peru Electric Ry., and are
said to be negotiating fo r the acquisition of the O ttaw a Street Ry. A n
early consolidation o f these roads is looked for. V. 73, p. 1161.
O r g a n iz a t io n —This was fo rm erly the Streator Ry., which was sold
under foreclosure Oct. 7, 1898.
ROAD— Owns 5 \ miles o f track. Rails 52 lb. girder.
OFFIC
@FedFRASER