44
 

CAPITALIZATION
FUNDED DEBT
 


 


 


 

Date of
 

Date of
 

Amount of
 

Amount issued and
 

Rate of
 


 


 


 

DEBENTURE BONDS
 


 


 

issue
 

maturity
 

authorized issue
 

now outstanding
 

interest
 

Payable on
 


 

NYC&HRRR Co
 


 


 

1900
 

July    1,2000
 

$5,500,000 00
 

$5,500,000 00
 

3'A%
 

Jan.
 

and July
 

1
 

EQUIPMENT TRUST OBLIGATIONS
 

Date of
final maturity
 


 


 


 


 


 


 

Equipment trust certificates
 


 

®
 

1937
 

Mar. 15,1952
 

4,290,000 00
 

$1,144,000 00
 

2M%
 

Mar
 

15, Sept.
 

15
 

Equipment trust certificates
 


 

w
 

1939
 

Dec.    1,1949
 

9,000,000 00
 

900,000 00
 

2'A%
 

June
 

1, Dec.
 

1
 

Equipment trust certificates
 


 

®
 

1940
 

June   1,1950
 

10,400,000 00
 

2,080,000 00
 

2%
 

June
 

1, Dec.
 

1
 

Equipment trust certificates
 


 

®
 

1941
 

Feb.  15,1951
 

10,900,000 00
 

3,270,000 00
 

m%
 

Feb.
 

15, Aug.
 

15
 

Equipment trust certificates
 


 

®
 

1941
 

July 15,1951
 

15,000,000 00
 

4,500,000 00
 

2X%
 

Jan.
 

15. July
 

15
 

Equipment trust certificates
 


 

®
 

1943
 

June    1,1953
 

5,300,000 00
 

2,650,000 00
 

2%
 

June
 

1, Dec.
 

1
 

Equipment trust certificates
 


 

®
 

1944
 

Sept.   1,1954
 

15,500,000 00
 

9,300,000 00
 

1H%
 

Mar
 

1, Sept.
 

1
 

Equipment trust certificates
 


 

®
 

1945
 

May    1, 1955
 

7,500,000 00
 

5,250,000 00
 

iH%
 

May
 

1, Nov.
 

1
 

Equipment trust certificates
 


 

M
 

1945
 

Aug. 15, 1955
 

8,800,000 00
 

6,160,000 00
 

l'A%
 

Feb.
 

15, Aug.
 

15
 

Equipment trust certificates
 


 

(s)
 

1946
 

Jan.     1, 1956
 

17,700,000 00
 

14,160,000 00
 

m7o
 

Jan,
 

1, July
 

1
 

Equipment trust certificates
 


 

W
 

1947
 

Jan.    1, 1957
 

20,000,000 00
 

18,000,000 00
 

2%
 

Jan.
 

I,  July
 

1
 

Equipment trust certificates
 


 

®
 

1947
 

Aug. 15, 1957
 

9,400,000 00
 

8,460,000 00
 

2'A%
 

Feb.
 

15,  Aug.
 

15
 

Equipment trust certificates
 


 

®
 

1948
 

Jan.  15, 1958
 

12,800,000 00
 

12,800,000 00
 

2M%
 

Jan.
 

15, July
 

15
 

Equipment trust certificates
 


 

(..)
 

1948
 

Mar. 15, 1958
 

12,600,000 00
 

12,600,000 00
 

1H%
 

Mar.
 

15, Sept.
 

15
 

Equipment trust certificates
 


 

®
 

1948
 

Sept. 15, 1958
 

13,800,000 00
 

13,800,000 00
 

2K%
 

Mar.
 

15, Sept.
 

15
 

TOTAL EQUIPMENT TRUST OBLIGATIONS ACTUALLY OUTSTANDING
 

$115,074,000 00
 


 


 


 


 

OTHER EQUIPMENT
 

OBLIGATIONS
 


 


 


 


 


 


 


 

Equipment agreement—serie
 

A
 

ffl)
 

1945
 

Apr.    1, 1953
 

1,142,080 00
 

$642,420 00
 

1.45%
 

/Jan.
Ijuly
 

1, Apr.
 

1
 

Equipment agreement—serie
 

s B               @       1945      Apr.    1, 1953

NT AGREEMENTS ACTUALLY OUTSTANDING
 

212,160 00
 

119,340 00
 

1.45%
 

1, Oct.
 

1
 

TOTAL EQUIPME
 

$761,760 00
 


 

TOTAL EQUIPMENT OBL
 


 

ACTUALLY OUTSTANDING
 


 

$115,835,760 00
 


 


 


 


 

TOTAL FUNDED
 

DEBT ACTUALLY OUTSTANDING
 


 

$589,947,760 00
 


 


 


 


 

(i) Continental Ilhnois National Bank and Trust Company of Chicago

(formerly Illincas Trust and Savings Bank)
@ Guaranty Trust Company of New York
@ Central Hanover Bank and Trust Company, New York (formerly

Central Union Trust Company)
® Manufacturers Trust Company, New York (formerly Metropohtan

Trust Company)
(D Irving Trust Company, New York (formerly Knickerbocker Trust

Company)
 

® United States Trust Company of New York

(7) Bankers Trust Company, New York

® Chase National Bank of the City of New York

® The First National Bank of the City of New York

@ Public National Bank and Trust Company of New York

@ J. P. Morgan & Co., Incorporated
 

INDEBTEDNESS OF THE COMPANY AND ITS LESSOR COMPANIES
Funded debt, outstanding in hands of public and amounts due State of New York In connection with grade crossing eliminations as of:

December 31, 1932                                   December 31, 1948             Decrease

The New York Central Railroad Company                                    $744,296,923 22                                       $616,988,380 64       $127,308,542 58

Lessor companies                                                                              364,511,029 23                                          "        "
 

260,131,125 00         104,379,904 23
 

$1,1
 

8,807,952 45
 

$877,119,505 64       2231,688,446 81
 

Interest (computed on an annual basis) on above indebtedness as of:
 

December 31, 1932    Average Interest     d,„„i,„31, 19.
'                       Rate                                  '
 

The New York Central Railroad Company
Lessor companies
 

$31,745,871 00
15,656,751 00
 

$47,402,622 00
 

.042+
.043
 

$22,245,192 75
10,983,875 00
 

Average Interest
Rate

.036+
.042+
 

Reduction in annual interest 1948 under 1932
The New York Central Railroad Company
Lessor companies
 

$9,500,678 25
4,672,876 00
 

$14,17.3,554 25
Contingent Uability in connection with guarantees, largely for jointly owned union depot and terminal companies, is not included in above.