Lease to the Pennsylvania Railroad Company for thirty years from April 1, 1895. Rental, net earnings. 6,750 shares capital stock issued in payment of construction, $337,500. One share issued for dividend scrip converted, $50.00. PITTSBURGH AND WESTERN RAILWAY COMPANY. Thomas M. King, receiver. Date of organization: June 28, 1887. Under laws of what government or state organized: Pennsylvania statutes, act April 4, 1868, P. L., page 62; act March 24, 1865, P. L., page 49; act May 25, 1878, P. L., page 145. Ohio statutes, sections 3380, 3351, 3382, 3384; revised statutes Chio, sections 3426 A, 3426 C, revised statutes Ohio laws. If a reorganized company, give name of original corporation, and refer to laws under which it was organized: Pittsburgh and Western Railroad Company, organized under act April 4, 1868, and foreclosed. Date of last meeting of stockholders for election of directors: October 19, 1896. Title. OFFICERS. October 18, 1897. CONTRACTS, AGREEMENTS, ETC. United States Express pays railway 40 per cent, of gross revenue. Pullman Palace Car Company receives two cents per car mile. Other Railroads: Baltimore and Ohio Railroad, joint revenue, divides upon mileage basis. Northern Steamship Company, revenue, divides as may be agreed by traffic department. Western Union Telegraph Company maintains and operates lines and has exclusive right of way. Telephone Companies: Usual contracts for use of instruments. No right of way contracts. PITTSBURGH, YOUNGSTOWN AND ASHTABULA RAILROAD COMPANY. Under laws of what government or state organized: The Pittsburgh, Youngstown and Ashtabula Railroad Company was created and organized under the authority of the laws of the states of Ohio and Pennsylvania, and is the result of a series of consolidations, as follows: In April, 1864, the Lawrence Railroad and Transportation Company was incorporated under the laws of Pennsylvania. In June, 1864, the Lawrence Railroad and Transportation Company was incorporated under the laws of Ohio. In June, 1865, these two companies were consolidated under the laws of Ohio and Pennsylvania into the Lawrence Railroad Company. In July, 1872, the Youngstown and Canfield Railroad Company was incorporated under the laws of Ohio. In April, 1873, the Lawrence Railroad Company and the Youngstown and Canfield Railroad Company were consolidated into the Lawrence Railroad Company. In March, 1881, the New Brighton and New Castle Railroad Company was incorporated under the laws of Pennsylvania. In February, 1870, the Ashtabula, Youngstown and Pittsburgh Railroad Company was incorporated under the laws of Ohio. In September, 1878, the Ashtabula, Yourgstown and Pittsburgh Railroad Company was reorganized in pursuance of judicial proceedings in the court of common pleas of Mahoning county, Ohio, and became the Ashtabula and Pittsburgh Railway Company. In March, 1881, the Alliance, Niles and Ashtabula Railroad Company was incorporated under the laws of Ohio. On the third of May, 1887, the Lawrence Railroad Company and the New Brighton and New Castle Railroad Company were consolidated into the Youngstown, Lawrence and Pittsburgh Railroad Company. On the fourth of May, 1887, the Ashtabula and Pittsburgh Railway Company and the Alliance, Niles and Ashtabula Railroad Company were consolidated under the laws of Ohio into the Ashtabula, Niles and Youngstown Railroad Company. On the twentieth of July, 1887, the Youngstown, Lawrence and Pittsburgh Railroad Company and the Ashtabula, Niles and Youngstown Railroad Company were consolidated under the laws of Ohio and Pennsylvania into the Pittsburgh, Youngstown and Ashtabula Railroad Company. Agreement of consolidation filed with Secretary of State of Pennsylvania July 22, 1887; Secretary of State of Ohio, July 22, 1887. Date of last meeting of stockholders for election of directors: May 20, 1897. May 20, 1898. May 20, 1898. May 20, 1898. May 20, 1898. May 20, 1898. May 20, 1898. May 20, 1898. May 20, 1898. May 20, 1898. May 20, 1898. May 20, 1898. Leased to Pennsylvania Company August 1st, 1887. The lease continues in force, subject to termination by either party on one year's notice. The lessee agrees to operate and maintain the road for cost of such service. Date of organization: December 9th, 1867. Under laws of what government or state organized: State of Pennsylvania. Date of last meeting of stockholders for election of directors: Second Monday in December, 1896. Postoffice address of general office: 132 South Third street, Philadelphia, Pa. The Plymouth Railroad (with the Philadelphia, Germantown and Norristown Railroad), was leased to the Philadelphia and Reading Railroad Company on November 10. 1870, for 999 years. The stock of this company has no value and pays no dividends. At a foreclosure sale of the Philadelphia and Reading Railroad Company, held on the 23d of September, 1896, Francis Lynde Stetson and C. H. Carter purchased the lease of the Philadelphia, Germantown and Norristown Railroad to the Philadelphia and Reading Railroad Company, they having afterwards transferred it to the Philadelphia and Reading Railway Company. All questions unanswered in this report should be returned by the Philadelphia and Reading Railway Company, lessee. Under laws of what government or state organized: The Doe Run and White Clay Creek Railroad Company was crganized under an act of the General Assembly of the Commonwealth of Pennsylvania, approved March 24, 1868. The name of the company was changed to the Pennsylvania and Delaware Railway Company by act of Assembly, approved April 20, 1869. The Delaware and Pennsylvania Railroad Company was organized under an act of the General Assembly of the Commonwealth of Delaware, passed February 26, 1857. The Pennsylvania and Delaware Railway Company and the Delaware and Pennsylvania Railroad Company were consolidated and merged into one company under the name and title of the Pennsylvania and Delaware Railway Company, by authority of the laws of the States of Pennsylvania and Delaware, a joint agreement dated March 17, 1873, being filed in the office of the Secretary of the Commonwealth of Pennsylvania, May 3, 1873. The Pennsylvania and Delaware Railway was sold under foreclosure of mortgage August 12, 1879, which sale was confirmed absolutely by the circuit court of the United States for the eastern district of Pennsylvania, October 25, 1879. On February 5, 1880, a new corporation was organized, entitled the Pomeroy and State Line Railroad Company, for that portion of the railroad extending from Pomeroy in Chester county, Pennsylvania, to the boundary line between the States of Pennsylvania and Delaware, under the provisions of an act of the Legislature of Pennsylvania, approved April 8, 1861, and the supplements thereto. The certificate of reorganization was filed in the office of the Secretary of the Commonwealth of Pennsylvania, February 26, 1880. A corporation under the name of the Newark and Delaware City Railroad Company, for that portion of the railroad extending from the boundary line between the States of Pennsylvania and Delaware, to Telaware City, was organized on March 29, 1880, in pursuance of an act of the Legislature of Delaware passed March 27, 1879. Under the authority of an act of the Legislature of the State of Delaware, passed March 19, 1881, the portion of the Newark and Delaware City Railroad lying between the north line of right of way of the main line of the Philadelphia, Wilmington and Baltimore Railroad and Delaware City was sold to the Philadelphia, Wilmington and Baltimore Railroad Company. Under the authority of the same act the residue of the railroad lying between the said northern line of the Philadelphia, Wilmington and Baltimore Railroad and the State line was consolidated and merged into the Pomeroy and State Line Railroad, the name of the consolidated company being changed to the Pomeroy and Newark Railroad Company. The agreement of consolidation and merger was dated December 2, 1881, copies of which were filed with the Secretary of the Commonwealth of Pennsylvania, December 29, 1881, and with the Secretary of the State of Delaware, December 3, 1881. |