63

BOSTON AND   ALBANY  RAILROAD

The New York Central Railroad Company, Lessee
 

TAXES ACCRUED
 

On capital stock

Commonwealth of Massachusetts
State of New York

On gross earnings, new york

On the value of real and personal property

On special franchises

State income tax, Massachusetts

Federal government income tax

Total railway taxes accrued
 

1923

$24,021 31

6,480 00

$30,501 31

1,843 86

1,188,442 35

2,289 47

14,400 00*

417,638 63
 

1922

$26,319 78

6,522 52

$32,842 30

2,024 03

1,187,767 36

4,080 60

14,400 00

284,211 00
 

$1,626,316 62       $1,625,316 29
 

* Credit
 

Locomotives
Passenger-train cars
Freight-train cars
Work equipment
 

HIRE OF EQUIPMENT ACCOUNT
 

Increase
 

$684 99
 

133,427 63
$101,000 33
 

Amount paid
for use
 

Amount received
from hire
 

Debit
balance
 

$307,742 64

307,245 70

3,176,745 00

5,053 14
 

$755 65

178,273 69

2,140,667 29

9,236 31
 

$306,986 99

128,972 01

1,036,077 71
 

Decrease
 

$2,298 47
42 52
 

$2,340 99
180 17
 

1,791 13
28,800 00
 

Credit
balance
 

$4,183 17
 

Totals        $3,796,786 48       $2,328,932 94       $1,467,853 54
 

JOINT FACILITY RENT ACCOUNT
 

Amount paid for use of facilities on property of other companies
Amount received for use of facilities on Boston & Albany Railroad

Debit balance
 

1923

$277,864 16

50,490 23

$227,373 93
 

1922
$277,018 45
76,678 00
$200,340 45
 

Comparison

$846 71 Inc
26,187 77 Dec
 

$27,033 48 Inc
 

Boston and Albany railroad
 

DEDUCTIONS FROM GROSS INCOME
Rent for leased roads
 

Interest at 3i
Interest at 5
Interest at 3i
Interest at 4
Interest at 4
Interest at 4
Interest at 4;
Interest at 5
Interest at 5
Cash rental
Organization
 

% on $3,
% on $3,
% on $1,
% on $7,
% on $4,
% on $2,
\% on $1,
% on $2,
% on $1,

expenses
 

,858,000
,627,000
000,000
000,000
500,000
,000,000
000,000
015,000
,000,000
 

Refunding bonds of
Refunding bonds of
Terminal bonds
Improvement bonds
Improvement bonds
Improvement bonds
Improvement bonds
Improvement bonds
Improvement bonds
 

1902
1913

of 1908
of 1909
of 1910
of 1912
of 1913
of 1917
 

North brookfield railroad
Cash rental

Pittsfield and north adams railroad
Cash rental
Organization expenses

Ware river railroad

Dividend at 7% on 7,600 shares of capital stock
Organization expenses

Chester and becket railroad

Interest at 5% on $50,000 First mortgage bonds
Interest at 5% on $33,845.43 Notes

Providence websteb and Springfield railroad

25% of the gross earnings for the year ended December 31, 1923

Total rent for leased roads
 

$135,030 00
181,350 00

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

80,000 00

45,000 00
100,750 00

50,000 00
2,000,000 00

10,000 00
 

$22,600 00
67 55
 

$62,500 00
90 44
 

$2,500 00
1,692 27
 

$3,097,130 00
3,000 00

22,567 55

52,690 44

4,192 27

14,646 51
$3,194,126 77