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respect of lake cargo coal will be overcome. Hearings have been held by the Interstate Com¬
merce Commission upon applications requesting authority (1) to construct the new terminal
facility, (2) for this Company and the Baltimore and Ohio to acquire joint control of the
new terminal company and also to acquire trackage rights over its property, and (3) to
modify the separate trackage agreements which both this Company and The Baltimore and
Ohio Railroad Company have over the tracks of the Toledo Terminal Railroad Company to
enable them to reach the new terminal. The proposed terminal will be equipped with the
most modern facilities for the transfer of coal from cars to vessels and the transfer of ore
from vessels to cars, including three electric coal car dumpers, two electric ore machines and
ample supporting yards and other auxiliary facilities. The cost of the proposed facility is
to be financed by the issuance of capital stock and first mortgage sinking fund bonds of the
Terminal Company. It is estimated that the construction of the terminal will take about
two years and its construction will not be commenced until after the determination by the
Interstate Commerce Commission of the pending applications.

The Trestle Realty Corporation

Certificate of dissolution of The Trestle Realty Corporation was filed in the Office of the
Secretary of State of New York on February 21, 1945, thus dissolving a corporation which
was organized under the laws of the State of New York in 1917, with capital stock owned
in equal amounts by this Company and the Reading Company. It acquired certain uplands
and rights in lands under water at the foot of Georgia Street in the City of Buff'alo upon
which it constructed portions of a coal trestle and pier, which for many years were used for
the transfer of coal between rail and lake carriers. About 1933 the use of these facilities was
discontinued and further use of the property for the handling of coal ceased. Following a
release to the State of New York of the lands under water, the surrender to the Depart¬
ment of Public Works of the permit covering certain structures upon or adjacent to said
land under water and the release to the City of Buffalo of a portion of the uplands adjacent
thereto, the affairs of the Corporation were concluded. About $50,000 was realized from
the disposition of its property, other than that released to the State and City, which
amount was distributed in equal proportions to this Company and the Reading Company,
its only stockholders.