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The directors have authority to construct a Branch Railroad to City Point, and for general purposes, to contract a second mortgage on the company's property to secure an issue of 8 per cent bonds to the extent of $500,000. Said bonds to bear date May 1, 1872, and to be payable 30 years thereafter.

Directors, (elected March 19, 1873.)--Reuben Rayland, W. R. Mallory, J. B.
Stevens, S. A. Plummer and T. T. Broocks, Petersburg, Va. ; and J. B. Branch, New
York.
REUBEN RAYLAND, President..

.Petersburg, Va.
W. R. Mallory, Vice-President.
Treasurer and Secretary....
David Potts. Master Car Repairs

.. Alexander Wright.
Ticket and Purclusing Agent.....David R. Dunn. Superintendent and Engineer ....James C. Sprigg.
Freight Agent....
W. H. Brown. Superintendent Bridges..

.C. J. Williams. Master Machinery.. PRINCIPAL OFFICE AND ADDRESS. Petersburg, Prince George Co., Va.

R. B. Audrews.

NEWRY BRANCII RAILROAD.

(Leased August 3, 1867, for 10 years, to the Pennsylvania Railroad Company.)

Line of Road.-Newry, Pa., to Newry Siding, (Hollidaysburg Br.,) Pa.1.10 miles. Sidings and other tracks, 878 feet. Gauge, 4 feet 84 inches. Rail, 45 lbs. to yard.

Operations. Included in lessees' returns. No dividends ; the net earnings (if any) being appropriated to the payment of the road superstructure, which was furnished by the Pennsylvania Company.

Financial Statement.--Capital stock authorized, 750 shares, $15,000 ; paid in, $11,150; and floating debt, (to lessees,) $10,778.99—total stock and debt, $21,928.99. Per contra : Cost of construction, $22,657.31. JOSEPH FITCHNER, President..

.Newry, Pa. Secretary-Alexander Knox..... .Newry, Pa., Tressurer-Jonathan Conrad. .Newry, Pa. PRINCIPAL OFFICE AND ADDRESS.

.Newry, Blair Co., Pa.

NORTII PENNSYLVANIA RAILROAD.

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Line of Road.-Philadelphia, Pa., to Bethlehem, Pa......

.55.6 miles. Branches :

| Lansdale, (22 m. N. Phil.,) Pa., to Doylestown, Pa.....10.3

Hellertown, (51 m. N. Phila.,) Pa., to Shimerville, Pa... 1.8—12.1 Total length of main and branch line owned by company... .67.7 miles. Second track, 24; and sidings, 22.7 m. Gauge, 4 ft. 8} in. Rail, 56, 60 and 64 lbs.

Rolling Stock.-Locomotive engines, 39. Cars-passenger, 36 ; baggage, mail and express, 20 ; freight, 460 ; and coal, (4-wheel,) 448--total, 964.

Operations for year ending October 31, 1872.—Trains run-passenger, 372,515 ; and freight, 241,577——total, 617,092 miles. Passengers carried, 889,571. Freight moved, 880,119 tons. Earnings.

Expenditures. From Passengers $152,187 26 Maintenance of way.

$183,085 54 Freight.

803,619 93 Rolling stock... Miscellancous 81,101 17 Transportation .

.417, 190 41 $1,336,938 36

$744,616 73

141.310 78

Net earnings, $592,321.63. Payments : For interest, $295,879.27; taxes and other, $38,563.63--total, $334,442.90. Surplus, $257,878.73.

Abstract of operations yearly for ten years :

Fiscal Yearg.

Passengers. Freight.
Train
Mileage.

Num-
ber.

Mileage. Tons. Mileage.

Sarplas. Gross

Net after later Earnings. Earnings. est, Taza,

etc.

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274,990 421,628 7,528,740 227,956 10,260,651 $524,637 69 $275,557 9 $66.574 12 320,038.625,805 10,877,695 286,933 11,223, 167 689,605 33 331,912 2 133.37 € 324,548 637,781 12,163,334 307,751 12,725,584 875,161 50 412,359 46 184,536 315,588 653,508 11,860,092 335,191 13,526,020 893 323 42 378.615 00 145.789 343,012, 698,859 12,519,693 346,884, 13,691,447 892.056 87 377,216 ( 150,436 7 421,267 740,911 13,769,562 476,331 18,172,078 1,015,394 29 437,931 41 139,732 70 460.243 771,984 14,355,308 552,771 20,252.516 1,132,731 14 492,468 83 216.99 0 595,393 796,457 15,161,008,827,679 22,586,829 1,353,508 92 625,522 91 2733 529,562 8:29,651 15,758,763 666,476 21,237,685 1,178,200 33 530,541 9 194.36 15 617,092 889,571

880,119

1,336,938 36 52,321 63 $57,883

* For eleven months, the close of the fiscal year having been changed from November 3) to Octa ber 31.

Financial Statement.-Capital stock, (slares at $50,) $3,473,500 ; funded dek, $1,042,590 ; and floating debt, $63,394—total stock, bonds and debt, $7,579,394. Per contra : Cost of road and equipment, $8,295,709.25.

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No cash dividends have been declared or paid. Scrip dividends, each 5 per cent, were paid—January 10, 1867 ; January 6, 1868 ; January 7, 1869 ; January 9, 1870; January 8, 1871 ; and January, 1872.

Statement of funded debt in detail :

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RAILROAD MANUAL OF THE UNITED STATES.

545

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Directors, (elected January 8, 1872.)—Franklin A. Comly, John Jordan, Jr., J.
Gillingham Fell, William C. Ludwig, Ellwood Shannon, Edward C. Knight, Alfred
Hunt, William C. Kent and Thomas Smith, all of Philadelphia, Pa. City Directors :
Jacob Riegel and 0. Howard Wilson.
FRANKLIN A. COMly, President....

.Philadelphia, Pa.

Secretary...

Edward Armstrong. | Master of Road.
Treasurer.

William Wister. Master of Transportation.
Engineer & Superintendent. Solomon W. Roberts. Master Mechanic,
General Freight and Ticket Agent..... Ellis Clark. | Auditor..

.J. H. Ainsworth,
A. H. Fracker.

Frank Roop.
.P. C. Hollis.

PRINCIPAL OFFICE AND ADDRESS. .No. 407 Walnut street, Philadelphia, Pa.

OIL CREEK AND ALLEGHENY VALLEY RAILROAD.

(Consolidation, March 1, 1868, of the Oil Creek, the Warren and Franklin and the

Farmers' Railroads.)

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Line of Road.—Corry, Pa., to Irwineton, Pa.....

..120 miles. Cherry Run Branch..

3 Total length of main and branch line owned by company..

.123 miles. Sidings, 32.75; and 3d rail, 42 ; gauge, 4 feet 9 inches ; and 42 m. 3d rail, 6 feet.

Rolling Stock.–Locomotive engines, 32. Cars-passenger, 19; baggage, mail and express, 5; and freight, 314-total, 338. Caboose cars, 14.

Operations for the year ending December 31, 1872.—Trains run-passenger, 204,126 ; and freight, 545,543—total, 749,669 miles. Passengers carried, 559,926. Freight moved, 676,500 tons. Earnings.

Expenditures. From Passengers

$314,999 11 Maintenance of

way

$242,805 38 Freight.. 932,796 02 Rolling stock...

149,017 37 Miscellaneous 137,759 27 Transportation..

432,200 14 $1 285,554 40

$824,023 39 Net earnings, $461,531.01. Payments : Dividends, 61 per cent, $347,161.50 ; interest, $257,600 ; and taxes, etc., $49,217.76.

Financial Statement.-Capital stock, (shares, $50,) $4,959,450 ; and funded debt, 1st mortgage 7 per cent bonds, (Oil Creek RR.,) due February 1, 1896, $1,500,000 ; and (W. and F. RR.) due April, 1882, $580,000 ; 1st mortgage, due July 2, 1890, $500,000 ; and consolidated mortgage due May 1, 1888, $1,100,000—total, $3,680,000—total stock and bonds, $8,639,450. Per contra : Road, $8,554,547.14 ; and equipment, $1,008,330.63—total, $9,562,877.77.

Directors.-- Thomas A. Scott, Charles B. Wright and W. S. Lane, Philadelphia ;: William Phillips, William M. Lyon, J. P. Lyon and W. K. Nimick, Pittsburg. WILLIAM PHILLIPS, President...

.Pittsburg, Pa. Secretary and Treas.-F. A. Phillips.... Corry, Pa. Masters of J. S. McElroy..

.Corry, Pa. General Manager-John Pitcairn, Jr....

Machinery (H. J. Bookhammer.

Oil City, Superintendent-Charles J. Hepburn...

Master Car-Shops-I. Williams, Corry, Chief Engineer-W. F. Patterson.

Gen. Ticket Agent-F. A. Phillips.... Road Yaster-Thomas Hilliard......

Purchasing Agent-John Pitcairn, Jr.. PRINCIPAL OFFICE AND ADDRESS.

....Corry, Erie Co., Pa.

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JAMESTOWN AND FRANKLIN RAILROAD.

(Leased and operated by the Lake Shore and Michigan Southern Railway Company.)

Line of Road.—Jamestown, Pa., to Oil City, Pa....

......51.0 miles. Branch line : Stonesboro, (21 m. E. Jamestown,) Pa., to Stonesboro Mines. 1.5

Total length of main and branch line owned and leased...... .52.5 miles. Sidings and other tracks, 13.04 miles. Gauge, 4 feet 10 inches. Rail, 50, 55 and 60 lbs.

Rolling Stock.- None owned by company. Furnished by lessees.

Operations for the year ending December 31, 1872.—Train run, (noted in lessees' returns.) Passengers carried, 99,881. Freight moved, 332,481 tons. Earningspassenger, $55,029.53 ; freight, $211,362.85 ; mail and express, $1,372.17—total, $270,764.55. Operating expenses, (60 per cent of gross earnings,) $162,458.73. Net re. venue, $108,305.82, which was credited up on account of interest paid on debt, advances, etc.

Financial Statement.-Capital stock ($1,000,000, in $50 shares) paid in, $605,027.50 ; funded debt, 1st mortgage 7 per cent bonds, due at various dates to January 1, 1897, $496,000; and 2d mortgage 7 per cent bonds, due June 1, 1894, $500,000 ; and floating debt, $978,436.90-total stock, bonds and debt, $2,579,461.80. Per contra : Construction account, $2,483,001.87.

Directors.-P. H. Watson, Ashtabula, O. ; James Miles, Girard, Pa. ; George H. McIntyre, J. S. McCalmont and James Bleaksley, Franklin, Pa. ; A. Stone, Jr., and William Collins, Cleveland, O. JAMES MILES, President...

.Girard, Pa. Secretary-P. H. Watson

.Ashtabula, 0. | Treasurer-George B. Ely.. .Cleveland, O. PRINCIPAL OFFICE AND ADDRESS.

.Franklin, Venango Co., Pa.

PEACH BOTTOM RAILROAD. (In progress.)

.

Line of Road.—Hanover Junction, Pa., to Oxford, Pa......

..60 miles. Graded, 12 miles. Gauge, 3 feet. Rail, 24 lbs. to yard.

Financial Statement, January 1, 1873.-Capital stock (shares at $50) authorized, $1,000,000 ; subscribed, $271,600 ; and paid in, $32,881.05. Expended in construction, etc., $25,263.14.

Directors.-Samuel Dickey, Oxford, Pa. ; William Wallace and A. C. Manifold,
Hopewell Centre, Pa. ; Benjamin Tyson and Henry Neff, Dallastown, Pa. ; Rufus
Wiley, Slate Hill, Pa. ; L. W. Finley, Castle Fin, Pa. ; N. Mayer, Chestnut Level,
Pa. ; S. McCullough, Mechanic's Grove, Pa. ; and C. B. Russell, J. A. Alexander and
John Twaddell, Oxford, Pa.
S. G. BOYD, President...

.York, Pa.
Samuel Dickey, Vice-President.

...Oxford, Pa. Secretary....... William Wallace. | Treasurer.. A. C. Manifold. | Asst. Treas.....J. A. Alexander. PRINCIPAL OFFICE AND ADDRESS.

.Oxford, Chester Co., Pa.

JEFFERSON RAILROAD.

(Leased and operated by the Erie Railway Company.)

Line of Road.-Susquehanna Depot, Pa., to Carbondale, Pa.........36.5 miles.
Rolling Stock.-Furnished by lessees.
Operations.-Included in lessees' returns. No dividends.

Financial Statement.-Capital stock, (41,914 shares,) $2,095,700 ; and funded debt, 1st mortgage (Hawley Section) 7 per cent bonds, due July 1, 1887, $204,000 ; 21 mortgage (Hawley Section) 7 per cent bonds, due January 1, 1889, $96,000 ; and 1st mortgage (Carbondale Section) 7 per cent bonds, due January 1, 1889, $2,000,000— total stock and bonds, $4,395,700. Per contra : Construction, $4,395,700.

Directors.-F. M. Crane, C. F. Young, H. Foster, Jr., and J. S. Hughes, Honesdale, Pa. ; Thomas Dickson, Scranton, Pa. ; C. P. Walter and Z. H. Russell, Honesdale, Pa.; J. D. White, H. N. Otis, L. D. Rucker and Jay Gould, New York City; and A. S. Diven, Elmira, N. Y. SAMUEL E. DIMMICK, President......

... Honesdale, N. Y. Treas and Sec.—Justin D. White.. New York City. | Superintendent-L. D. Rucker .... New York City. PRINCIPAL OFFICE AND ADDRESS...

.(Erie Office) New York City.

INDIANAPOLIS, BLOOMINGTON AND WESTERN R'W'Y.

(Consolidation, July 20, 1869, of the Indianapolis, Crawfordsville and Danville and the Danville, Urbana, Bloomington and Pekin Railroads. Opened, October 1, 1870.)

Line of Road.-Indianapolis, Ind., to Pekin..

.202.5 miles. Leased Line : Pekin, Ill., to Peoria, III......

.10.0 Sidings and other tracks, 38 miles. Gauge, 4 feet 84 inches. Rail, 56 lbs. to yard. Extension : Champaign, Ill., to Keokuk, Iowa. (In progress.)....... .185 miles. Branch : White Heath, Ill., to Decatur, Ill. (

)..

32

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Total length of extension in progress....

...217 miles. Of the extension 100 miles are completed, and the remainder is expected to be put in operation during the present year. The total length of line when completed, will be 419.5 miles.

Rolling Stock-Locomotive engines, 65. Cars--passenger, 23 ; baggage, mail and express, 9; freight, box, 1,295 ; stock, 122 ; platform and coal, 286-total, 1,735 ; also 38 caboose and 50 service cars.

The total earnings on the 212.5 miles completed and in operation for the year end. ing December 31, 1872, were $1,359,690.55. No account is furnished of operating expenses, on the ground that they cannot be separated from expenses in construction,

Financial Statement, December 31, 1872.-Capital stock paid in, $7,000,000 ; funded debt, $8,500,000—total, $15,500,000, representing the cost of road and equipment.

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