Paducah Union Depot Company.

Line of Road-36.80 feet of main track in Paducah, Ky., to Ohio river, where there is a transfer for trains of the St. Louis aud Paducah Railroad to Brooklyn, Ill. The company owns a substantial union passenger depot, used by C. (). & S. W, and` St. L. & P. trains, and has 2 miles and 4,400 feet of siding.

Financial Statement June 30, 1893-Cost of road and fixtures, $200,00; cash, $548 32; sundry accounts, $295.06; deficit Jnne 30, 1893, $3,379.30-total, 201,222.68. Capital stock, $100,000; funded debt, $100,000; accrued interest unpaid, $3,000; sundry accounts payable, $1,222.68-total, $204,222.68.

Officers-John Echols, President, Louisville, Ky.; Geo. W. Parker, Vice-President, St. Louis, Mo.; Henry T. Nash, Secretary, St Louis, Mo.; A. J. Crow, Superintendent, Paducah, Ky; Q. Q. Quigley, General Attorney, Paducah, Ky.

Directors-John Echols, Chas. Randolph, Louisville, Ky; Q. Q. Quigley, Chas. Reed, J. W. Williamson, Paducah, Ky.; George W. Parker, St. Louis, Mo.; W. T. Wilson, Pinckneyville, Ill.

General Offices-Paducah, Ky.

Portsmouth and Tygart Valley Railroad Company.

History of Road-The construction of this line was commenced in the summer of 1892, and it was opened for traffic May 25, 1893. Beginning near Tygart Station, on the E, L. & B. S., it extends 6.25 miles up the south fork of Tygart Creek to a fire clay deposit owned by the company.

Rolling Stock-One locomotive.

Financial Statement-Cost of road and fixtures, $135,000. Capital stock, $100,000. Funded debt, $35,000.

Officers—A. T. Johnson, President, Portsmouth, Ohio; S. P. Adams, Secretary and General Manager, Portsmouth, Ohio; T. W Kinney, General Superintendent, Brinegar, Ky; B. F Bennett, General Attorney, Greenup, Ky.

Directors—A. T. Johnson, Portsmouth, Ohio; C. E. Bowen, J. E. Fritsch, Logan, Ohio; S. P. Adams, P rtsmouth, Ohio; Thos. Powell, Sciotoville, Ohio. General Office- Portsmouth, Ohio.

Richmond, Nicholasville, Irvine and Beatyville Railroad Company.

97

100-197 miles.

61 miles.

Lines of Road Projected-Versailles, Ky.; to Beattyville, Ky. Beattyville, Ky., to Jel ico or Middlesborough, Ky.. Completed: December 31, 1892, Versailles, Ky., to Irvine, Ky. Sid ngs, 5 67 miles. Gauge, 4 feet, 8 inches. Rail (steel), 60 pounds. History-Char ered March 10, 1888; road completed as above at the close of 1891. Receiver appointed December 2, 1891, on the application of the Central Trust Co., of New York, N. Y., trustee of the first mortgage.

Rolling Stock-Locomotive engines, 4. Cars-passenger, 4; baggage, otc., 1, freight, 22--total cars, 27.

Financial Statement-Capital stock (authorized at rate of $30.000 per mile), subscribed $2,425,000; funded debt (1st mortgage 6 per cent. 30-year $1,000 gold bonds,

dated July 1, 1889, interest January and July) issued and outstanding, $2,375,000— total stock and bonds, $4,800,000. The bonds are coupon, with privilege of registration, and are authorized at the rate of $25,000 per mile. Trustee, Central Trust Co., New York, N. Y. Interest payable at the Bank of North America, New York City. Annual meeting, second Tuesday in July.

Directors-John W. S.ine, Thomas W. Bullitt, A. L. Schmidt, E. T. Halsey, Henry L. Stone, J. W. Ainsley, R. Reid Rogers, Louisville, Ky.; T. B. Maloney, Beattyville Ky.; W. T. B. Williams, Irvine, Ky.; B. M. Arnett, W. L. Steele, Nicholasville, Ky.; Newland Jones, John D. Harris, C. D. Chenault, C. L. Searcy, Richmond, Ky.

Officers-John McLeod, Receiver, Louisville, Ky.; V. M. Nourse, Auditor, Louisville, Ky.; W. H. Adams, Superintendent, Richmond, Ky.; S. T. Copeland, Cashier, Louisville. Ky.; C. M. Browning, General Freight and Passenger Agent, Richmond, Ky.

Principal Office-Louisville, Ky.

Short Route Railway Transfer Company.

Line of Road-In Louisville, Ky., 1.52 miles. Second track, 1.52 miles. Gauge, 4 feet, 9 inches. Rail (steel), 62 pounds.

History-Chartered March, 7, 1873. This railway extends along the Ohio river front of the city of Louisville, from Preston street to Fourteenth street (the approach of the Louisville Bridge), a distance of 1.52 miles, all of which is a double track, iron viaducts crossing all the streets in the business portion of the city overhead. It supplies the shortest connection between the depots of the railroads located at the eastern end of Louisville and those entering by the two Louisville bridges in the western part of the city. Work was commenced in the spring of 1883, and the line opened for business on May 14, 1884. At Fourteenth street it connects directly with the Louisvil'e and Nashville, the Chesapeake, Ohio and Southwestern, the Pennsylvania, the Ohio and Mississippi, the Louisville, New Albany and Chicago, and the Louisville, Evansville and St. Louis Railroads. The Kentucky and Ohio Bridge Company operates a number of trains over it, in connection with its bridge franchise, to and from New Albany.

Financial Statement, June 30, 1892-Capital stock, $500,000; funded debt, first mortgage 6 per cent. thirty-year bonds, due August 1, 1912, interest February and August, $500,000; cost of road, $1,000,000.

Directors-C P. Huntington, I. E. Gates, New York, N. Y.; John Echols, Wm. R. Ray, Charles R. Long, W. T. Rolph, J. C. Gilbert, W. W. Smith, Thomas W. Bullitt, Louisville, Ky.

Officers-C. P. Huntington, President, 23 Broad street, New York, N. Y; Charles R. Long, Vice-President, Louisvill1, Ky.; C. F. Krebs, Secretary and Auditor, Louisville, Ky.

Principal and Transfer Office-Louisville, Ky.

St. Louis, Iron Mountain and Southern Railway Company.

Line of Road-This company has only 1.53 miles main track, and 2.5 miles siding, in Kentucky, which is located at Columbus, where there is a river transfer of 13

business between the Iron Mountain and Nashville, Chattanooga and St. Louis Railroads, the track of the Mobile and Ohio Railroad being used for a short distance.

West Virginia, Pineville and Tennessee Railroad Company.

Line of Road-2 miles and 86 feet of main track extending from a point on the Cumberland Valley Branch of the Louisville and Nashville Railroad Company, near Pineville, Ky., with 2,554 feet of siding. No rolling stock.

Financial Statement-No stock or bonds issued yet, but the Southern Land Improvement Company holds the note of the company, due five years from October 5, 1892, without interest, and will, at the proper time, accept stock and bonds in payment of this obligation. Due Southern Land and Improvement Company for track right of way and franchise, $125,000; sundry expenses for track repairs and advance for extension, $3.905.41; bills payable on account supplies for construction, $1,105.79; due contractors, $888.74-total, $130,899.94.

Directors-J. D. Blake, Pineville, Ky.; J. W. Buchanan, Louisville, Ky.; R. Chichester, Pineville, Ky.; Frank D. Swope, E. McConn, Maxwell S. Baker, Louisville, Ky.; John G. Taylor, Chicago, Ill.; L. C. Barrett, Minneapolis, Minn.

Officers-J. D. Blake, President, Pineville, Ky.; John W. Buchanan, Vice-President, Louisville, Ky.; R. Chichester, Pineville, Ky.; Bullitt & Shield, General Attorneys, Louisville, Ky.

General Offices-Pineville, Ky.

CONSTITUTIONAL PROVISIONS.

Following are extracts from the Constitution relating to railroads :

LOCAL AND SPECIAL LEGISLATION.

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§ 59. The General Assembly shall not pass local or special acts concerning any of the following subjects, or for any of the following purposes, namely: Seventeenth: To grant a charter to any corporation, or to amend the charter of any existing corporation; to license companies or persons to own or operate ferries, bridges, roads or turnpikes; to declare streams navigable, or to authorize the construction of booms or dams therein, or to remove obstructions therefrom; to affect toll-gates, or to regulate tolls; to regulate fencing or the running at large of stock.*

SUFFRAGE AND ELECTIONS.

§ 150. Every person shall be disqualified from holding any office of trust or profit for the term for which he shall have been elected, who shall be convicted of having given, or consented to the giving, offer or promise of any money, or other thing of value, to procure his election, or to influence the vote of any voter at such election; and if any corporation shall, directly or indirectly, offer, promise or give, or shall authorize, directly or indirectly, any person to offer, promise or give any money or any thing of value to influence the result of any election in this State, or the vote of any voter authorized to vote therein, or who shall afterward reimburse or compensate, in any manner whatever, any person who shall have offered,

* NOTE. It will be seen from the foregoing subsection seventeen that railroad corporations will hereafter be created under a general incorporation law, and not as

promised or given any money or other thing of value to influence the result of any election or the vote of any such voter, such corporation, if organized under the laws of this Commonwealth, shall, on conviction thereof, forfeit its charter, and all rights, privileges and immunities thereunder; and if chartered by another State and doing business in this State, whether by license or upon mere sufferance, such corporation, upon conviction of either of the offenses aforesaid, shall forfeit all right to carry on any business in this State; and it shall be the duty of the General Assembly to provide for the enforcement of the provisions of this section. All persons shall be excluded from office who have been, or shall hereafter be, convicted of a felony, or of such high misdemeanor as may be prescribed by law, but such disability may be removed by pardon of the Governor. The privilege of free suffrage shall be supported by laws regulating elections, and prohibiting, under adequate penalties, all undue influence thereon, from power, bribery, tumult or other improper practices.

CORPORATIONS.

g 190. No corporation in existence at the time of the adoption of this Constitution shall have the benefit of future legislation without first filing in the office of the Secretary of State an acceptance of the provisions of this Constitution.

§ 191. All existing charters or grants of special or exclusive privileges, under which a bona fide organization shall not have taken place, and business been commenced in good faith at the time of the adoption of this Constitution, shall thereafter be void and of no effect.

§ 192. No corporation shall engage in business other than that expressly authorized by its charter, or the law under which it may have been or hereafter may be organized; nor shall it hold any real estate, except such as may be proper and necessary for carrying on its legitimite business, for a longer period than five years, under penalty of escheat.

193. No corporation shall issue stock or bonds, except for an equivalent in money paid or labor done, or property actually received and applied to the purposes for which such corporation