Report of the board of directors to the stockholders

(New York :  [s.n.],  1913-)

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  1914: Page 28  



28

Annual Report

DEDUCTIONS  FRO:\I  INCOME   (continued)
Rentals of leased lines (concluded)
 

Brought forward

DUNKIRK   ALLEGHENY  VALLEY  AND   PITTSBURGH   RAILROAD

Interest at 4i% on $2,900,000 First mortgage bonds

Dividend at 1J% on 13,000 shares of capital stock for II months and 23 days

Organization expenses

NEW   JERSEY JUNCTION  RAILROAD

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

NEW   YORK AND  HARLEM  RAILROAD

Interest at 3J% on 312,000,000 Gold mortgage bonds

Dividend at 10% on 200,000 shares of capital stock ($50 per share)

TROY  AND   GREENBUSH   RAILROAD

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

WALLKILL  VALLEY  RAILROAD

Dividend at 3J% on 3,300 shares of capital stock

WEST  SHORE   RAILROAD

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

BOSTON  AND  ALBANY   RAILROAD

Cash rental

Interest at 3^% on $3,858,000 Refunding bonds of 1902
Interest at 5 % on $3,627,000 Refunding bonds of 1913
Interest at 3}% on $1,000,000 Terminal bonds
Interest at 4 % on $7,000,000 Improvement bonds of 1908
Interest at-4 % on $4,500,000 Improvement bonds of 1909
Interest at 4 % on $2,000,000 Improvement bonds of 1910
Interest at 4^% on $1,000,000 Improvement bonds of 1912
Interest at 5 % on $2,015,000 Improvement bonds of 1913
Organization expenses
,   Rental of Pittsfield and North Adams Raih-oad

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

Organization expenses
Rental of Ware River Railroad

Dividend at 7% on 7,500 shares of capital stock

Organization expenses
Cash rental of North Brookfield Railroad
Rental of Chester and Becket Railroad

Interest at 5% on $50,000 Bonds

Interest at 5% on 833,845.43 Notes
Rental of Providence Webster and Springfield Railroad

25% of gross earnings for year ended December 31, 1914

Total rentals of leased lines

Hire of equipment account*

Amount paid
for use
$23,046 12
487,307 14
7,359,919 98
18,850 50
2,284 00

Totals                   $7,891,407 74
 

$130,500 00

17,940 68

500 00
 

3420,000 00
1,000,000 00
 

$2,000,000 00
135,030 00
181,350 00

35,000 00
280,000 00
180,000 00

80,000 00

45,000 00
100,750 00

10,000 00

!2,500 00

126 25       22,020 25
 

$52,500 00

95 98       52,595 98
3,000 00
 

$2,500 00
1,692 27         4,192 27
 

148,940 68
68,000 00

1,420,000 00
19,250 00
11,550 00

2,000,000 00
 

10,749 46       3,140,293 96
 

$8,004,145 48
 

Locomotives
Passenger cars
Freight cars

Floating equipment
Work equipment
 

Amount received

from hire

$104,555 65

638,059 79

6,558,654 85

44 67

32,900 44
 

$7,334,215 40
 

Net amount carried to deductions from income
 

*Include8 BoHton & Albany Railront!
  1914: Page 28