Page images
PDF
EPUB

Excess of expenditures over earnings, $1,084.87. Payments, for taxes, $689.43. Financial Statement, January 1, 1873.-Capital stock ($1,000,000) paid in, $375,100; and funded debt, 1st mortgage 7 per cent tax-free bonds, due February 1, 1997, $300,000—total stock and bonds, (representing cost of road,) $675,100.

Directors.—Charles Brodhead and Augustus Wolle, Bethlehem, Pa.; and E. W. Clark, F. R. Cope and James P. Ilsley, Philadelphia, Pa.

CHARLES BRODHEAD, President......
Frank Mitchell, Treasurer and Secretary.

....

..Bethlehem, Pa.
.Philadelphia,

i PRINCIPAL OFFICE AND ADDRESS.......Bethlehem, Northampton Co., Pa.

KNOXVILLE AND CHARLESTON RR. (In progress.)

Line of Road.-Knoxville, Tenn., to State Line, N. C... .. . In operation Knoxville, Tenn., to Maryville, Tenn......

[blocks in formation]

This road, as projected, was intended to connect with the Blue Ridge Railroad of South Carolina, thus forming, with the Knoxville and Kentucky Railroad, a through line from the Ohio River to the ocean at Charleston, S. C. The company was largely aided by the State both before and after the war of the rebellion; but defaulted in its interest, and was sold by direction of the Legislature for $105,000 in State bonds. Rolling Stock.-Locomotive engines, 2. Cars, 13. PRINCIPAL OFFICE AND ADDRESS.

..Knoxville, Knox Co., Tenn.

[ocr errors]

PROVIDENCE, WARREN AND BRISTOL RAILROAD.

Line of Road.-Providence, R. I., to Bristol, R. I. ..13.6 miles. Sidings and other tracks, 3.1 miles. Gauge, 4 feet 8 inches. Rail, 56 lbs. to yard. Rolling Stock.-Locomotive engines, 3. Cars-passenger, 8; baggage, mail and express, 3; and freight, box, 7; and platform, 4-total, 22.

Operations for the year ending November 30, 1872.—Trains (mixed) run, 44,096 miles. Passengers carried, 415,776; carried one mile, 3,273,282. Freight moved, 16,367 tons; moved one mile, 212,816 tons. Gross earnings-passenger, $82,260; freight, $20,138; mail, express, etc., $33,157-total, $105,555. Operating expenses, including taxes, etc., $54,099. Net earnings from operations, $51,456,24. on bonds, $5,043.76; dividends, $13,500.

Abstract of operations for six years:

Interest

[blocks in formation]

Financial Statement.-Capital stock, $437,917.49; funded debt, 1st mortgage 8 per cent bonds, dated June 7, 1867, interest June and December, and principal June 7, 1877, $50,000; and bills payable, $63,610.94-total, $513,289.14. Per contra: Cost of railroad, $645,079.43; rolling stock, $73,026.35-total, $718,105.78. Statement of road and rolling stock and of general balances for five years:

[blocks in formation]

Directors.-Amos D. Smith and T. P. J. Goddard, Providence, R. I.; Samuel W. Church, Bristol, R. I.; Marshal Woods, Providence, R. I.; Thomas G. Turner, Warren, R. I.; Leon Chappotin and Earl P. Mason, Providence, R. I.; George Hail and C. R. Cutler, Warren, R. I.

AMOS D. SMITH, President...

....Providence, R. I.

66

Treasurer-Waterman Stone ....Providence, R. I. | Must. Trans.-George H. Pearce.. Bristol, R. I.
Mast. of Mache'ry-Rufus Smith..... Bristol, Ticket Agent-N. Boyle
Providence,
Mast. of Car Rep.--J. Brightman.....
Freight Agent-S. Sweet...

.. 66

PRINCIPAL OFFICE AND ADDRESS..

...Providence, Rhode Island.

LEHIGH AND SUSQUEHANNA RAILROAD.

(Owned by the Lehigh Coal and Navigation Company, and leased in perpetuity April 1, 1871, by the Central Railroad Company of New Jersey.)

Line of Road.-Phillipsburg, N. J., to Union Junction, Pa.... .105 miles. Branches: Nescopec, 9; Nanticoke, 201; Coplay, 1; and Lee, 2.................... 321

Total length of road owned and leased by company. Second track, 9, and sidings, 75 miles. Gauge, 4 feet 81⁄2 in.

Lehigh and Lackawanna RR...

Leased and sub-leased: Nesquehoning Valley RR.

Tresckow RR....

.137 miles. Rail, 60 lbs. to yard. .15.0

.16.5 37.5 miles. 6.0)

Rolling Stock.-Locomotive engines, 83. Cars-passenger, 15; baggage, mail and express, 12; and freight, box, 169; truck, 427; and coal and ore, 14,583-total cars, 15,206.

Operations for the year ending December 31, 1872.-Trains run-passenger, 384,435; and freight and coal, 1,360,478-total, 1,744,913 miles. Passengers carried, 489,713. Freight moved, 2,879,447 tons.

[merged small][ocr errors][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small]

Net earnings, $1,103,397.42. Payments: Included in report of L. C. and N. Co. Lease-rent paid by Central RR. Co. of N. J.

Financial Statement.-S LEHIGH COAL AND NAVIGATION. Cost of road and . appurtenances, $12,462,781.25.

Directors and Officers.-Same as L. C. and Navigation Company.

BACHMAN VALLEY RAILROAD. (In progress.)

Line of Road.—Hanover Branch RR., Pa., to Ebb Vale, Md...................... .13 miles. Sidings and other tracks, 1.3 miles. Gauge, 4 feet 8 inches.

Rail, 52 lbs. to yard.

The portions of the

This road was built solely to supply iron furnaces with ore. line in Pennsylvania and Maryland are organized under separate charters. No report of the Pennsylvania portion is furnished.

The rolling stock is hired.

Financial Statement, (Maryland portion.)—Capital stock authorized, $125,000;

paid in, $65,000; floating debt, $16,000; cost of road, $81,000.

Directors.-C. J. Nourse, Columbia, Pa.; Ephraim Tracey and Cornelius Wentz, Manchester, Md.; B. F. Steiger and C. J. Nourse, Jr., Columbia, Pa.

C. J. NOURSE, President...

Treasurer..........C. N. Simms. | Secretary....
PRINCIPAL OFFICE AND ADDRESS..

......Columbia, Pa.

B. F. Steiger. | Superintendent........ C. L. Johnson. ...Columbia, Lancaster Co., Pa.

MOBILE AND ALABAMA GRAND TRUNK RR. (In progress.)

Line of Road.-Mobile, Ala., to Elyton, Ala. (surveyed). Branch Line: Wilcox Co., Ala., to Selma, Ala.

Total length of line, as projected...

.about 230 miles.

40

.270 miles.

"

Completed: Mobile to Jackson....

Sidings, 1.5 miles. Gauge of track, 5 feet. Weight of rail, 60 lbs. to yard.

60

At Elyton the road will form a connection with the Alabama and Chattanooga and the South and North Alabama Railroads; and by the projected branch to Selma, (diverging from the main line 105 miles north from Mobile,) with the Selma, Rome and Dalton, and the Western railroads. The road-bed was completed to Jackson the present season.

Rolling Stock.-Locomotive engines, 2. freight, 12-total cars, 15.

Cars-passenger, 2; baggage, 1;

Operations for year ending April 30, 1872, on an average of 25 miles of road.— Passengers carried, 9,098; carried one mile, 160,020. Earnings: From passengers, $7,855.42; freight, etc., $5,232.09-total, $13,087.51. Operating expenses, $10,247.84 ;

[blocks in formation]

The further resources of the company are county and city subscriptions, State indorsements, under the revised aid law of 1870, to the amount of $16,000 per mile of completed road, and an issue of 8 per cent bonds of the city of Mobile to the extent of $1,500,000. The city bonds are to be indorsed by the railroad company.

Directors, (elected July, 1872.)-Francis B. Clark, Robert W. Smith, James Crawford, John Reid, Jr., Cary W. Butt, Thomas St. John, Samuel G. Battle, Henry Hall and W. Temple Taylor.

FRANCIS B. CLARK, President and Superintendent......Mobile, Ala.

W. Temple Taylor, Vice-President.....

[ocr errors]

Sec. and Treas.-E. M. Underhill.....Mobile, Ala. | Chief Engineer-Alfred L. Rives...... Mobile, Ala.
PRINCIPAL OFFICE AND ADDRESS.
.Mobile, Alabama,

ROGERSVILLE AND JEFFERSON RAILROAD.

(Operated under contract of February 9, 1871, by East Tenn., Virginia and Georgia Co.)

Line of Road.-Junction, (E.T., Va.& Ga., RR.,) Tenn., to Rogersv'e, Tenn. 15.5 m. Reconstructed in 1870, the State of Tennessee having granted a special loan of $100,000 for said purpose. The State's interest in the road in January, 1871, amounted to $532,013.20. Original cost, $376,250. It was sold by direction of the Legislature for $23,000.

WILLIAM C. KYLE, President and Receiver......Rogersville, Tenn. PRINCIPAL OFFICE AND ADDRESS..

.. Rogersville, Hawkins Co., Tenn.

INDIANA NORTH AND SOUTH RR. (In progress.)

[merged small][ocr errors][merged small][merged small][merged small]

The immediate object of the company is to build that part of their road extending from Oxford (Cinc., Laf. and Chic. RR.) to Worthington, (Ind. and Vinc. RR.,) 120 miles, and thus open the entire block coal-fields that would be tributary to Chicago. Contracts have been made for the construction of 50 miles additional road during the present year.

Financial Statement, April 1, 1873.-Capital stock authorized, $3,000,000; subscribed, $2,000,000; paid in, $180,000. Funded debt, $135,000; floating debt, $22,500. Cost of work to date, $361,000. The bonds authorized are 7 per cent gold, dated March 1, 1873, and have 30 years to run; interest March and September. They are a first mortgage on the Northern Division, 85 miles, at the rate of $20,000 per mile.

E. B. THOMAS, President..... Secretary-D. Cluster.....

.Indianapolis, Ind.
..Attica, Ind. ↑ Engineer-J. G. Chamberlain.................

..Attica, Ind.

PRINCIPAL OFFICE AND Address.

..Attica, Ind.

MACHIASPORT RAILROAD.

Line of Road.-Whitneyville, Me., to Machiasport, Me.... Superstructure: Sleepers, on which 3-inch strap-iron is laid.

Capital stock, $100,000.

.7.75 miles.

This road is owned by a manufacturing company, and was constructed in 1842-43 for the purpose of moving lumber from the mills on Machias River to the port on tide-water.

No returns of operations are published.
PRINCIPAL OFFICE AND ADDRESS..

.Machiasport, Washington Co., Me.

MUSCATINE, KEWANEE AND EASTERN RR. (Projected.)

Line of Road.-Mississippi River, (opp. Muscat'e,) Ill., to Ind. State Line. .200 m. This road will join the projected Fort Wayne and Pacific Railroad on the State line of Illinois and Indiana, and the two roads are to be consolidated under the name of "New York Western."

Directors, (elected August, 1871.)—E. V. Bronson and Milo Doty, Kewanee, Ill.; Isaac Spencer, Osceola, Ill.; Morrison Francis, Andover, Ill.; L. G. Shin, Muscatine, Ia.; Frederick S. Potter, Henry, Ill.; John O. Dent, Winona, Ill.; A. E. Hardding, Pontiac, Ill.; and E. Gaylord, Magnolia, Ill.

[merged small][merged small][ocr errors][ocr errors][merged small]

CHICAGO, OMAHA AND ST. JOSEPH RR. (In progress:)

[merged small][merged small][ocr errors][merged small]

.336 miles.

..30

.30- 60

Rail, 56 lbs. to yard. City,) and it is intended Clinton is the starting

Sidings and other tracks, miles. Gauge, 4 feet 8 inches. One hundred miles of the line is graded, (Clinton to Iowa that during the current year 150 miles will be completed. point from the C., Burl. & Quincy RR., and then the line will be carried to the points indicated. The contract for construction has been let to the Iowa Southwestern Company.

Financial Statement.-Capital stock, $12,000,000, which amount is the estimated value of the road to completion. Cost to January 1, 1873, $400,000. The 1st mortgage 8 per cent bonds of the company are dated April 1, 1871, and have 30 years to run from date; amount authorized, $8,000,000.

Directors.-F. E. Hinckley, Chicago, Ill.; Samuel J. Kirkwood, Charles T. Ransom, Ruth Clark and Daniel Sharpless, Iowa City, Ia.; Milo Smith and W. F.

« PreviousContinue »