36
 

interest on its funded debt, and eight per cent on its capital stock.
This lease covers the New York and Mahopac Road, chartered
March 7, 1871, and lease dated June 17, 1872, from Golden's Bridge
to Lake Mahopac, seven miles, the rent being nominal, as the whole
of its capital was owned by the Harlem Company and transferred
under the lease.    Lease expires December 31, 1971.

THE SPUYTEN DUYVIL AND PORT MORRIS RAILROAD,

Connecting the Harlem lo the Hudson River at Spuyten Duyvil,
a distance of six miles, chartered April 24, 1867, lease dated Novem¬
ber 1, 1871, and expires December 31, 1970. Annual rent, eight per
cent on cost of $989,000.

THE DUNKIRK, ALLEGHENY VALLEY AND PITTSBURGH
RAILROAD,

Lease dated January 3, 1873, expires January 3, 2273. Annual rent
is interest on $2,900,000 bonds, at seven per cent, and three per cent
on 6,500 shares of stock.

THE SYRACUSE JUNCTION RAILROAD

Was built by the New York Central and Hudson River Rail¬
road to take the two freight tracks of its four-track system around
the city of Syracuse. It was leased to the New York Central and
Hudson River Railroad Company April 10, 1875, as a legal
formality, and subsequently absorbed under authority of law.

THE JUNCTION (BUFFALO) RAILROAD

Was built by the New York Central and Hudson" River Rail¬
road Company to connect its main lines between East Buffalo and
North Buffalo. It was leased April 10, 1875, and absorbed by the
New York Central and Hudson River Railroad the same as the
Syracuse Junction Railroad.

the geneva and lyons railroad

Was built by the New York Central and Hudson River Rail-
KOAD to connect Geneva on the Auburn branch with Lyons on the
main line, a distance of fourteen miles. It will in time be leased and
absorbed by the New York Central and Hudson River Railroad.

THE TWO HUDSON RIVER BRIDGES

Crossing the Hudson river between East Albany and Albany are
owned nominally by a separate organization called the " Hudson
River Bridge Company."   This ownership is vested in the New