36

Annual Report

DEDUCTIONS  FROM   INCOME   (continued)
Rentals of leased lines (continued)

Brought forward                                                                      $771,060 00

DDNKIRK   ALLEGHENY  VALLBT  AND   PITTSBURGH   RAILROAD

Interest at 4|% on $2,900,000 First mortgage bonds                                                                 $130,500 00

Dividend at 11% on 13,000 shares of capital stock                                                                        19,500 00

Organization expenses                                                                                                                           500 00           150,500 00

GENEVA  CORNING   AND   SOUTHERN   RAILROAD

Interest at 6% on $3,500,000 Pine Creek First mortgage bonds                                                $210,000 00

Dividend at 3-J-% on 23,250 shares of common capital stock                                                         81,375 OO

Dividend at 4% on 50,000 shares of preferred capital stock                                                        200,000 00          491,375 00

NEW  JERSEY  JUNCTION   RAILROAD

Interest at 4% on $1,700,000 First mortgage bonds                                                                                                  68,000 00

NEW  YORK   AND   HARLEM   RAILROAD

Interest at 3|% on $12,000,000 Gold mortgage bonds                                                               $420,000 00

Dividend at 10% on 200,000 shares of capital stock (S50 per share)                                        1,000,000 00        1,420,000 00

TROY  AND   GRBENBUSH   RAILROAD

Rental at 7% on 5,500 shares of capital stock (S50 per share)                                                                                  19,260 00

WALLKILL  VALLEY  RAILROAD

Interest at 3^% on $250,000 First mortgage bonds for six months                                               $4,375 00

Interest at 31% on $330,000 Second mortgage bonds for eight months                                          7,700 00

Dividend at 3h% «« 3,300 shares of capital stock                                                                          11,550 00            23,625 00
 

WEST  SHORE   RAILROAD

Interest at 4% on $50,000,000 First mortgage bonds                                                                                            2,000,000 00

BOSTON   AND   ALBANY  RAILROAD

Cash rental                                                                                                                                 $2,000,000 00

Interest at 3§% on $3,858,000 Refunding bonds of 1902                                                             135,030 00

Interest at 4 % on $3,627,000 bonds of 1893 (for nine months)                                                  108,810 00

Interest at 5 % on $3,627,000 Refunding bonds of 1913 from October 1, 1913                           45,337 50

Interest at 3^% on $1,000,000 Terminal bonds                                                                              35,000 00

Interest at 4 % on $7,000,000 Improvement bonds of 1908                ^                                        280,000 00

Interest at 4 % on $4,500,000 Improvement bonds of 1909                                                        180,000 00

Interest at 4 % on $2,000,000 Improvement bonds of 1910                                                          80,000 00

Interest at 4-^-% on $1,000,000 Improvement bonds of 1912                                                          45,000 00

Interest at 5 % on $2,015,000 Improvement bonds of 1913 from July 14, 1913                          46,736 81

Organization expenses                                                                                                                      10,000 00
Rental of Pittsfield & Nortii Adams Railroad

Dividend at 5%, on 4,500 shares of capital stock                                            $22,500 00

Organization expenses                                                                                             108 93       22,608 93
Rental of Ware River Railroad

Dividend at 7% on 7,500 shares of capital stock                                            £52,500 00

Organization expenses                                                                                               75 00       52,575 00

Cash rental of North Brookfield Railroad                                                                                         3,000 00

Rental of Providence A\'ebster & Springfield Railroad

25% of gross earnings for year ended December 31, 1913                                                      10,382 97       3,054,481 21
 

Carried forward                                                                    $7,998,291 21