39

During the year there has been purchased for the Sinking Fun Js, and cancelled :

In Debt Certificates,.....................................       $202,000 00

" 7 per cent Bonds duo in 1876,............................            55,000 00

" Bonds for Eailroad Stock...............................            17,000 00

"      "      " Real Estate..................................              1,000 00

"      "     to BufRilo and Niagara Falls Railroad Company......              3,000 00

Increase in Sinking Fund in hands ot State Comptroller, for
redemption of the State Stock issued to the Tonawanda Kail¬
road Company, which forms a part of the Debts of the former
Companies still outstanding,   ...........................              6,436 63

S284,436 63
 

The amount of Income used for the Construction and Investment
Accounts, as shown try the Report of last year, independently
of the item of Fuel and Supplies referred to below, was.....    $1,466,859 15

The amount so used, was, at the close of the fiscal year just

ended, as shown by the following statement................    $1,719,884 89
 

Construction Account,.................................... $31,787,397 80

Investment          "         ....................................          782,580 46
 

Capital Stock............................ $24,000,000 00

Funded Debt, less Debt Certificates and Bonds

to Buffalo and Niagara Falls Railroad Co.,

for premiums allowed at Consolidation, ..      6,850,093 37
 

$32,569,978 26
 

30,850,093 37
 

$1,719,884 89
 

To the amount shown at the close of each iiscal year, as above, should be added,
for the purpose of showing the full result, the value of Fuel and Supplies not
included in the assets of the Company, as will appear from the Inventory and
Balance Sheet contained in the Eeport, $1,000,000.00.