the amount of its authorized capital and its indebtedness and financial condition, on such date or dates as commission may designate. Acts 1906, ch. 433, sec. 8. MICHIGAN The annual report of a union station and depot company shall specify; (1) the amount of capital stock subscribed and by whom; (2) the names of the owners of its stock, the amounts owned by them respectively and the residence of each stockholder so far as known; (3) the amount of stock paid in and by whom; (4) the amount of its assets and liabilities; (5) the names and places of residence of its officers; (6) the amount of cash paid to the corporation on account of the original capital stock; (7) the amount of funded debt; (8) the amount of floating debt; (9) the cost of its real estate, including rights of way for tracks; (10) the cost of depots, buildings and fixtures; (11) the cost of all other property; (12) the length of single main track; (13) the length of double main track; (14) the aggregate length of 2991 sidings and other tracks not above enumerated; (15) its monthly earnings from all sources respectively during the year; (16) the amount of expense incurred in operating its business and maintaining its property during the year; (17) all other expenses incurred by it, including the salaries of officers, which shall be reported separately; (18) the amount expended for repairs and extension of tracks, including repairs and renewal of bridges and renewal of iron during the year; (19) the amount expended for improvements during the year; (20) the amount expended for depot, station houses, buildings, and fixtures during the year; (21) all other expenses during the year; (22) what arrangements it has with other railroad corporations for use of its depot and other property, setting forth the contract for the same. Comp. Laws 1897, sec. 6372. Commission may make and propound to such corporations such other or additional interrogatories as in its judgment may 2992 be necessary, in order to gain full information in regard to the business of said corporations and the management thereof. Same, sec. 6373 MINNESOTA The annual report of a carrier shall show in detail the amount of capital stock issued; the amount and manners of payment therefor; the dividends paid; the surplus fund, if any; the number of stockholders; the funded and floating debts, and the interest paid or due thereon; the cost and value of all the carrier's property, franchises and equipments; the num 1 See note I, par. 2850. ber of employes and officers, and the salary or wages paid each class; the amounts expended for improvements, how expended and the character of such improvements; the earnings and receipts from each branch of business and from all other sources; 2993 the operating and other expenses; the balance of profit or loss; and a complete exhibit of the financial operations of the year, with an annual balance sheet, the amount of land received as grants from the state and from the United States; the amount of such land sold and the average price per acre; the amount unsold and its average appraised value per acre; information in regard to rates and regulations concerning fares and freights; agreements, arrangements, or contracts with express, telegraph, sleeping and dining car companies, fast freight lines, and other common carriers, with copies of such contracts, agreements or arrangements; and such other matters as commission may require. Rev. Laws 1905, sec. 1984. NEBRASKA The annual report of a common carrier shall show: (1) the amount of the capital stock subscribed, the number of shares and the par value of the same; (2) the names of the owners of its stock and the amount owned by them respectively; (3) the amount paid into the treasury of the common carrier for and on account of the issuance of the stock, the dates of such payments and by whom paid; (4) the amount of outstanding bonds of the company, the date and purpose of their issuance, and the rate of interest thereon; (5) the names and places of residence of the officers of the company, with the amount of the annual salary of each; (6) the amount of the floating debt of the company, with the purpose for which the debt was incurred; (7) the value of the roadbed, including iron and bridges, the value of rolling stock, stations, buildings, locomotives and all other property; (8) the length of single track on the main line and the length of double track on the main line; (9) the length of branch lines, stating whether they are double or single track; (10) the aggregate length of side tracks, spurs, switches and terminals on or connected with each main line or branch line; (11) the number of tons of through freight carried during the year preceding the making of the report and the number of tons of local freight carried during the same time; (12) the number of tons of freight carried on each main line designating in separate items, the local and through freight; (13) the number of tons of freight carried on each branch line, designating in separate items the local and through freight; (14) the monthly earnings for the transportation roadbed, including iron and bridges; (8) the estimated value of rolling stock; (9) the estimated value of stations, buildings, and fixtures; (10) the estimated value other property; (11) the length of single main track; (12) the length of double main track; (13) the length of branches stating length of single and of double track; (14) the aggregate length of siding and other tracks not above enumerated; (15) the number of miles run by passenger trains during the year preceding the making of the report; (16) the number of miles run by freight trains during the same period; (17) the number of tons of through freight carried, and the number of tons of local freight during the same period; (18) the monthly earnings for the transportation of passengers during the same time; (19) the monthly earnings for the transportation of freight during the same time; (20) the monthly earnings from all other sources respectively; (21) the amount 2986 of expenses incurred in running of passenger trains during the same time; (22) the expense incurred in running freight trains, and in running mixed trains during the same time; (23) all other expenses incurred in the management of the road, including the salaries of the officers, which shall be reported separately; (24) the amount expended for repairs of the road and maintenance of way, including repairs and renewals of bridges and renewals of iron; (25) the amount expended for improvements, and whether the same is estimated as a part of the expenses of operating or repairing the road; and if either, which? (26) the amount expended for motive power and cars; (27) the amount expended for station houses, buildings and fixtures; (28) all other expenses for maintenance of way; (29) all other expenses for other purposes; (30) the number of tons of freight carried one mile; (31) the amount received per ton per mile; (32) the average distance each ton was hauled, and the average cost of hauling a ton of freight one mile; (33) what freight and transportation companies run on its road, and on what terms, and whether such transportation companies use the cars of the railroad company, or cars furnished by themselves; (34) whether the freight or cars of such transportation companies are given any preference in speed or order of transportation; and, if so, in what particular? Commission may propound any additional interrogatories, which shall be answered by such company in the same manner as those specified in the foregoing section. Wheeler's Stats. 1909, sec. 5409. MARYLAND The annual report of a gas or electric company shall show in detail; (1) the amount of its authorized capital stock and the amount thereof issued and outstanding; (2) the amount of its authorized bonded indebtedness and the amount of its bonds and other forms of evidence of indebtedness issued and outstanding; (3) its receipts and expenditures during the preceding year; (4) the amount paid as dividends upon its stock 2987 and as interest upon its bonds; (5) the names and amounts paid as salary to each officer, and the amounts paid as wages to its employes; (6) the location of its plant or plants and system, with a full description of its property and franchises, stating in detail how each franchise stated to be owned was acquired; and (7) such other facts pertaining to the operating and maintenance of the plant and system and the affairs of such person or corporation as may be required by commission. Laws 1910, ch. 180, sec. 3134. The annual report of a telephone or a telegraph company shall show in detail: (a) the amount of its authorized capital stock and the amount thereof issued and outstanding; (b) the amount of its authorized bonded indebtedness and the amount of its bond and other forms of evidence of indebtedness issued and outstanding; (c) its receipts and expenditures during the preceding year; (d) the amount paid as dividends upon its stock and 2988 as interest upon its bonds; (e) the name of and the amount paid as salary to each officer, and the amount paid as wages to its employes; (f) the situation of its plant or plants and system, with a full description of its property and franchises, stating in detail how each franchise stated to be owned was acquired; and (g) such other facts pertaining to the operation and maintenance of the plant and system, and the affairs of such person or corporation, as may be required by commission. Same, sec. 39. MASSACHUSETTS The annual report of a gas or electric corpo ration shall contain: the amount of its authorized capital, its indebtedness and financial condition on June 30 preceding, its 2989 income and expenses during the preceding year, its dividends paid out and declared, a list of the names of all its salaried officers, and the amount of the annual salary paid to each, and the balance sheet of its accounts as of said preceding June 30. Rev. Laws 1902, ch. 121, sec. 31.1 The annual report of a company engaged in the business of the transmission of intelligence by electricity shall include a statement of its business, receipts and expenditures within the com2990 monwealth during the year, its dividends paid out and declared, 1 See footnote I, par. 276. CHAPTER XI Franchises SCOPE NOTE This chapter includes grants of power authorizing corporate relations. For provisions prescribing general B. C. I. New undertakings or extensions of existing undertakings... 2. The exercise of franchise privileges previously granted... 3. Conditions precedent to the issue of certificates... Relations between state commissions and municipalities.... Indeterminate franchises and right of municipality to purchase... |