HUDSON & Manhattan Railroad Company

TWENTY-SECOND  ANNUAL  REPORT
 

YEAR ENDED  DECEMBEI
 

INDEX

PAGE

List of Directors and Officers......................................................................       4

Report of Board of Directors......................................................................       5

Certificate of Haskins & Sells, Certified Public Accountants..................       6

Comptroller's Report......................................................................................       7

Income Account..............................................................................................       8

Profit and Loss Account..............................................................................       9

Condensed Balance Sheet..............................................................................10-11

Statement of Bonds Outstanding................................................................     12