EXHIBIT No. 3

HUDSON & MANHATTAN  RAILROAD  COMPANY
PROFIT AND LOSS ACCOUNT, DECEMBER 31, 1925
 


 

$   392,923.39
999,745.10

3,225,381.80
84,618,050.29
 

$2,822,625.76
6,399.88

1,789,024.65
84,618,050.29
 


 

Dividends Nos. 4, 5 and 6 on Preferred Capital Stock payable
February 16,1925, August IS, 1925, and February 15,1926..

Dividends Nos. 1 and 2 on Common Capital Stock payable
June 1, 1925, and December 1, 1925........................................

Surplus income for year ended  December 31,   1925  as per
 

Balance, Surplus December 31, 1925..............................................