Grading, masonry, ballast, bridges, superstructure (including ties), rails... Engineering expenses $148, 800 00 14, 935 00 2,058 75 Grand total cost of road...... $160, 293 75 INCOME ACCOUNT FOR YEAR ENDING SEPTEMBER 30, 1886. Income included in report of Elmira, Cortland and Northern R. R. Co. Interest on funded debt due and accrued. $6,000 Date of close of fiscal year, September 30. Date of stockholders' annual meeting, first Monday in February. For information concerning this report, address A. A. McLeod, General Manager. CARTHAGE, WATERTOWN AND SACKETTS HARBOR. LESSOR. LESSEEUTICA AND BLACK RIVER. (Date of charter, February 1, 1869.) For history of organization, see Report of 1885. CAPITAL STOCK AND FUNDED DEBT. from Watertown $150,000 $150,000 $120,000 to Carthage...... Sept. 16, 1873 20 7 Oct. 1, 1893 150,000 150,000 Total $300,000 $300,000 *Should state months when interest is payable.-R. R. Com'rs. 120,000 $240,000 COST OF ROAD AND EQUIPMENT. ROAD. Grading, masonry, ballast, bridges, superstructure (including ties) and rails... Land damages and fences Engine, car houses, shops, machinery and tools Total cost up to $602,050 06 127,102 78 17,932 59 11,046 35 Title of company, Carthage, Watertown and Sacketts Harbor Railroad Company. Date of close of fiscal year, September 30. Date of stockholders' annual meeting, first Tuesday in September. For information concerning this report, address G. H. Sherman, Secretary. CATSKILL MOUNTAIN. (Date of charter, July 2, 1885.) For history of organization, see Report of 1885. Lease of Cairo railroad was renewed from July 1, 1886, at $2,700 for one year, the Cairo Railroad Company appropriating $1,500, to be expended by the Catskill Mountain Railway Company for betterments of the Cairo railroad. * Issued in exchange for Catskill Mountain Railroad Company stock as per plan of reorganization. + Issued on account of cost of road and equipment as per plan of reorganization. Cash balances resulting from settlements. Grading and masonry-widening embankments, masonry for culvert and $6,61 43 Rails and fastenings-Verona nut locks and labor putting on, etc 3,357 69 233 00 7 50 Fences-new fences.... Passenger and freight stations-new platforms, etc Shops, machinery and tools-sundries 121 91 79 29 10 00 Station furniture-stove, etc., for Cairo station Office furniture-safe for general office and expenses.. 34 71 127 00 Purchase of constructed road-$18,000 first mortgage bonds, $238,000.00 first income bonds and $5,100 second income bonds issued and 12,744.24 cash paid in settlement of claims, as per plan of reorganization...... Expenses of reorganization: 273,844 24 Printing bonds, etc.. $197 00 Track tools and hand cars-two new hand cars and new tools. 154 28 14 15 Spur track at stone dock Passenger cars-cost of inclosing and changing three excursion cars, etc.. Freight and other cars-side boards and change brakes on flat and box cars..... 169 24 1,192 75 80 00 329 52 Total $287,251 16 INCOME ACCOUNT FOR YEAR ENDING SEPTEMBER 30, 1886. |