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45. INSURANCE.

This account includes all premiums made or paid by a carrier to its insurance fund and premiums (except reinsurance premiums) paid by it to insurance companies, [34 for insuring property or persons against loss, damage, or injury by fire, accident, or other causes.

Note A.-The premiums paid by a carrier to its insurance fund should be credited on its books to an "Insurance Fund" account, to which the amount of all claims for damage to the property covered by its insurance should be charged. To such account should be charged all reinsurance premiums paid insurance companies, and to it should be credited all amounts recovered from insurance companies for damage to property reinsured by them.

Note B.-Appropriations made by a carrier to its insurance fund through income account should be credited directly to its "Insurance Fund" account.

46. PENSIONS.

This account includes all pensions paid to retired employees and expenses in connection therewith.

47. STATIONERY AND PRINTING.

This account includes cost of printing annual reports, blank books, blank forms, contracts, leases, bonds, stock certificates, franks; also postage, paper, stationery, and stationery supplies used only in general offices and not chargeable to other accounts. It includes cost of all stationery and printing of the law department, except cost of printing briefs, legal forms, testimony, reports, etc.

The following is a list of the more important items chargeable to this account:

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[FIRST ISSUE.]

48. OTHER EXPENSES.

This account includes incidental expenses only-that is, such expenses in connec tion with "General Expenses" as are not properly chargeable to any of the foregoing accounts; cost of publishing notices of stockholders' meetings, of election of directors, annual reports in newspapers, of dividends declared, and of other corporate and financial notices of a general character; fees and expenses paid to directors; also contributions to funds on account of catastrophes, epidemics, etc. 49. GENERAL ADMINISTRATION JOINT FACILITIES-DR.

This account includes a carrier's proportion of "General Expenses' incident to maintaining and operating joint structures, equipment, and other facilities used jointly, operated by other companies.

50.

Note. The purpose of this account is to show the amounts accruing against a carrier for its proportion of the expense of general administration of joint structures, equipment, and other facilities administered by other companies, but in the joint use of which a carrier participates. The bill rendered by any creditor against a debtor for the latter's proportion of expense of operation of joint facilities should show the distribution of the total charge among the general accounts as made by the creditor, and such distribution should be adhered to by the debtor.

GENERAL ADMINISTRATION JOINT FACILITIES-CR.

This account includes the proportion of "General Expenses" incident to maintaining and operating joint structures, equipment, and other facilities used [36 jointly, operated by a carrier, chargeable to other companies.

Note. The purpose of this account is to show the amounts accruing in favor of a carrier against other companies for their proportion of the expense of general administration of joint structures, equipment, and other facilities administered by a carrier but in the joint use of which other companies participate. The bill rendered by any creditor against a debtor for the latter's proportion of expense of operation of joint facilities should show the distribution of the total charge among the general accounts as made by the creditor, and such distribution should be adhered to by the debtor. [37

CLASSIFICATION

OF

OPERATING REVENUES

AS PRESCRIBED BY THE

INTERSTATE COMMERCE COMMISSION

IN ACCORDANCE WITH

SECTION 20 OF THE ACT TO REGULATE
COMMERCE

FIRST ISSUE

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