DIRECTORS, NAME AND POST-OFFICE ADDRESS. C. J. Ives, Cedar Rapids, Iowa. Date of annual meeting of stockholders, fourth Tuesday in May. General offices of the Company are located at Cedar Rapids, Iowa. I, C. J. Ives, President of the Burlington, Cedar Rapids & Northern Railway Company, being duly sworn, depose and say that I have caused the foregoing statements to be prepared by the proper officers and agents of this Company, and, having carefully examined the same, declare them to be a true, full, and correct statement of the condition and affairs of said Company on the thirtieth day of June, A. D. 1884, to the best of my knowledge and belief. Signed, C. J. IVES, Subscribed and sworn to before me, this 15th day of September a. D. 1884. JOHN C. BROCKSMIT, Notary Public. Received and filed in the office of the Commissioners of Railroads, this 16th day of September, A. D. 1884. E. G. MORGAN, Secretary. Total expended for construction, approximated....... $18,504,600.00 Average cost of construction per mile of road (499.172 miles)... Proportion of cost of construction for Iowa.. 15,121,900.04 Average cost of equipment per mile of road operated by company: 417.083 miles for ten months; 400.333 miles for two months; 414.3 miles average for the year $ 1,337.97 Proportion of cost of equipment for Iowa.... 554,322.09 Total cost of road and equipment, approximated.............. 554,322.09 19,058,922.13 PROPERTY ACCOUNTS. CHARGES AND CREDITS BY WHICH THE CAPITAL AND DEBT HAVE BEEN INCREASED DURING THE YEAR. Land, land damages, and fences. 7,614.08 Passenger and freight stations, coal sheds and water stations 8,750.30 2,007.62 Engineering, agencies, salaries, and other expenses during construction Finishing construction of Newton and Brighton branches.. Total for construction... Total expenditures charged to property accounts...... Property sold (or reduced in value on the books) and credited property accounts during the year (specifying same): Equipment placed in trust.. 887,817.98 251,664.34 £A 3,122.09 75,934.78 717.70 75,217.08 255,666.80 15,641.34 31.954.85 2,327.05 305,590.04 1,139,482.32 Earnings per train mile run (902.169 miles), $1.263. Total transportation earnings.. $ 1,445,072.36 Earnings per train mile run, from all trains earning revenue (1,228,976 miles), $1.176. Earnings per mile of road operated (506,949 miles), $2,850.52. Rents received for use of road.. Rents received for use of stations, etc.. Car mileage (credit balances). Earnings from all other sources, miscellaneous: Amounts collected in aid of Clemore's Grove and Minerva depots. $1,310,393.86 14,000,00 2,166.29 12,090.83 2,520.00 Central Iowa Railway Company's proportion of telegraph receipts.. 593.39 Charged for use of engines and cars. Profit on various sales. Interest on collaterals.. Land condemnation.. Trackage.. Miscellaneous receipts from stations. 钥 5,125.65 $ 1,478,455.13 $ 1,342,439.15 EXI'ENSES OF OPERATING THE ROAD FOR THE YEAR. CLASS 1-MAINTENANCE OF WAY AND BUILDINGS (CHARGED TO OPERATING Repairs of road-bed and track EXPENSES). Renewal of rails, number tons laid, steel, 595, 550-2240........ Renewal of bridges.. Repairs of bridges, including culverts and cattle-guards. Repairs of tools and machinery.. Repairs of buildings stations, and water-tanks, and renewal Total.. CLASS 2-MAINTENANCE OF MOTIVE POWER AND CARS. |