Charles F. Crocker, President of the Los Angeles and San Diego Railroad Company, and J. L. Willcutt, Secretary of the said company, being duly sworn, depose and say, that the statements, tables, and answers contained in the foregoing sheets, have been compiled and prepared by the proper officers of said company, from its books and records, under their direction and supervision; that they, the deponents, have carefully examined the same, and that as now furnished by them to the Board of Railroad Commissioners, they are, in all respects, just, correct, complete, and true, to the best of their knowledge, and, as they verily believe, the same contain a true and full exhibit of the condition and affairs of said company on the thirty-first day of December, 1887. Subscribed and sworn to before me, this fifth day of June, 1888. CHAS. F. CROCKER. The Monterey Railroad Company was incorporated January 24, 1880. San Francisco. CAPITAL STOCK. 1. Capital stock authorized by charter.. 3. Capital stock issued [number of shares, 2,500]; amount paid in. 5. Total amount paid in as per books of the company. 8. Par value of shares issued.. 9. Total number of stockholders.. 10. Number of stockholders in California. 11. Amount of stock held in California 12. Funded debt as follows: $250,000 00 250,000 00 250,000 00 100 00 10 8 185,400 00 DEBT. 16. Total gross debt liabilities. $230,000 00 17. Amount of cash, materials, and supplies on hand; sinking funds in hands of Trustees, and such securities and debt balances as represent cash assets: Cash on hand............. $20,943 85 18. Total net debt liabilities. $209,056 15 COST OF ROAD, EQUIPMENTS, AND PROPERTY-ROAD AND BRANCHES. Construction. 11. Total cost of construction... $500,966 99 PROPERTY PURCHASED AND ON HAND NOT INCLUDED IN THE FOREGOING ACCOUNTS. 30. Cash and cash assets.. $500,966 99 500,966 99 20,943 85 521,910 84 31. Total property and assets of the company. 32. SINKING AND CONTINGENT FUNDS. Showing amount of same, and their purpose. 8. Surplus at commencement of the year.... -$15,278 89 Deduct entries made in profit and loss account during the 2,393 05 9. Surplus at commencement of the year, as changed by aforesaid entries. 12,885 84 10. Total surplus, December 31, 1887 $21,910 84 11. Paid to sinking funds, in hands of Trustees... 5,000 00 EARNINGS, EXPENSES, NET EARNINGS, ETC., OF PASSENGER DEPARTMENT, AND RECEIPTS, ExPENSES, NET EARNINGS, ETC., OF FREIGHT DEPARTMENT. (See lessee's report.) GENERAL BALANCE SHEET AT CLOSING OF ACCOUNts, December 31, 1887. PROFIT AND Loss Account FOR THE YEAR ENDING DECEMBER 31, 1887. 1. Date when road or portions thereof were opened for public use: From Castroville to Morocojo .. From Morocojo to Martins. From Martins to Bardins From Bardins to Monterey. From Bardins to Del Monte.. From Del Monte to Monterey.. 2. Length of main line of road from Castroville to Monterey. Length of main line in California... 10. Total length of road belonging to this company 11. Aggregate length of siding and other tracks not enumerated above.. 12. Same in California... 13. Aggregate length of track belonging to this company computed as single track 14. Same in California.. 15. Total lengths of steel rail in tracks belonging to this company, not including steel top rail. 19. Number of crossings of highways at grade, in California.. 26. Number of highway crossings at which there are neither electric signals, gates, nor flagmen, in California..... ROADS BELONGING TO OTHER COMPANIES, OPERATED BY THIS COMPANY UNDER LEASE OR CONTRACT. 37. Number of stations on all roads owned by this company.... 38. Same in California 40. Miles of telegraph owned by this company.. 41. Number of telegraph offices in company stations.. 43. Number of stations operated jointly by railroad and telegraph companies. ROLLING STOCK, AND MILEAGE, Traffic, Etc. (Operated by Southern Pacific Company, under lease.) 12. TABLE A. FUNDED Debt. To include all Bonds payable by the Company, except United States Government Bonds. Charles F. Crocker, Vice-President of the Monterey Railroad Company, and J. L. Willcutt, Secretary of the said company, being duly sworn, depose and say, that the statements, tables, and answers contained in the foregoing sheets, have been compiled and prepared by the proper officers of said company, from its books and records, under their direction and supervision; that they, the deponents, have carefully examined the same, and that as now furnished by them to the Board of Railroad Commissioners, they are, in all respects, just, correct, complete, and true, to the best of their knowledge, and, as they verily believe, the same contain a true and full exhibit of the condition and affairs of said company on the thirty-first day of December, 1887. CHARLES F. CROCKER. Subscribed and sworn to before me, this fifth day of June, 1888. The Northern California Railroad Company was incorporated September 6, 1884. COST OF ROAD, EQUIPMENT, AND PROPERTY-ROAD AND BRANCHES. Road and equipment, in running order, purchased at Commissioners' mortgage foreclosure sale, January 22, 1881. REVENUE FOR THE YEAR. 1. Derived from local passengers on roads operated by this company 5. Derived from express and extra baggage... 6. Derived from mails..... 7. Total earnings from passenger department 12. Total earnings from freight department. 14. Total transportation earnings.. 15. Earnings per mile of road operated.... 16. Earnings per train mile (total passenger and freight) .. $17,442 03 1,706 44 1316 68 $20,465 15 32,619 05 $53,084 20 $2,003 17 2.74 EXPENSES FOR OPERATING THE ROAD FOR THE YEAR. Class I-General traffic expenses. 1. Taxes, State and local.... 2. General salaries, office expenses, and miscellaneous, not embraced in Classes III and IV.. $2,132 95 1,249 49 5. Total $3,382 44 |