Total tariff earnings for year ending December 81, 1872. Total earnings from other sources for year ending December 31, 1872. Total EXPENSES FOR YEAR ENDING DECEMBER 81, 1872. OPERATING EXPENSES. For running and management of passenger trains and all other trains... $19,636 65 11,981 95 For repairs of road For maintenance of way, including repairs and renewals of bridges, and renewal of iron.... 89,655 77 For repairs and renewals of station-houses, buildings, and fixtures. 2,996 25 518 18 Highest rate per mile for distances less than five miles... Average rate per mile for passengers during year, through and local.............. 2.8 “ Average rate per mile per 100 lbs. for freight, through and local, 169-1,000 of 1 cent. Amount of freight carried in year ending Dec. 81, 1872, through and local, 40,887 tons. What express companies run on your road, and on what terms, and what conditions as to rates, use of track, machinery, repairs of cars, etc.; what kind of business is done by them, and do you take their freights at the depot, or at the office of such express companies? American Express Company. They pay once and one-half first-class freight rates. Freight is carried on passenger trains and delivered at the depot by the Express Com pany. TRANSPORTATION COMPANIES. What freight and transportation companies run on your road, and on what conditions as to rates, use of track, machinery, repairs of cars, etc.; do they use the cars of your company, or those furnished by themselves, and are their cars or their freight given any preference in speed or order of transportation, and if so, in what particular? Merchants' Dispatch Transportation Company. Same terms as on the Michigan Central Railroad. ADDITIONAL QUESTIONS BY THE COMMISSIONER. SLEEPING CARS. Do sleeping or dining-room cars run on your road, and if so, on what terms are they run, by whom are they owned, and what charges are made in addition to the regular passenger rates? Same as on the Michigan Central Railroad. U. 8. MAIL. What is the compensation paid you by the U. S. Government for the transportation of its mails, and on what terms of service? Fifty dollars per mile per annum, on such trains as Government may require. STOCK. Amount of preferred stock, and rate of preference, and for what issued? The lessee does not know. Amount of common stock now outstanding? The lessee does not know. Amount of stock issued as stock dividends, and dates of issue? The lessee does not know. Rate and date of all cash dividends on stock of original and consolidated companies? The lessee does not know. March 21st. Ned Lambert, brakeman; fell from top of moving freight train near Concord, and sustained injuries from which he died March 27th. October 7th. Wm. King, section hand; killed near Nottawa by hand-car on which he was riding colliding with freight train. December 18th. Albert Smith, brakeman; fell from top of moving freight train near Homer, and killed. MISCELLANEOUS. What running arrangements have you with other railroad companies, setting forth the contracts for same? None. Number of acres of land sold during the year? Lessee does not know. Number of acres still owned by the Company, not used for corporate purposes? Lessee does not know. STATE OF MICHIGAN, COUNTY OF WAYNE, 88: James F. Joy, President of the Michigan Central Railroad Company, being duly sworn, deposes and says that he has caused the foregoing statements to be prepared by the proper officers and agents of this Company, and having carefully examined the same, declares them to be a true, full, and correct statement of the condition and affairs of said Company on the 81st day of December, A. D. 1872, to the best of his knowledge and belief. JAMES F. JOY, President M. C. R. R. Ce. (Signed), Subscribed and sworn to before me this third day of October, A. D. 1878. (L. S.) J. E. GRIFFITH, Notary Public, Wayne County, Mich. Amount of Capital Stock subscribed? The lessee does not know. Amount of Stock paid in? The lessee does not know. Amount of cash paid to the Corporation on account of the original Capital stock ! The lessee does not know. DEBTS. FUNDED DEBT. First Mortgage Bonds (due Nov. 1st, 1890, bear interest at eight per cent, which is payable May 1st and Nov. 1st), amount... Second Mortgage Bonds (due per cent, which is payable May 1st and Nov. 1st), amount....... Total Funded Debt... $640,000 00 bear interest at eight 70,000 00 $710,000 00 |