The Commercial and financial chronicle . hly, and In Nov. 1904 to 90 cents monthly. On account ofearthquake and fire no dividends were paid from Anrll 1906 to Sept. 1908,when dividends were resumed at 50 cents per share up to May 1900. when60c per share was paid and monthly since to and Including May —Operates 11 H miles of track on 5H miles of — J. Henry Meyer; , J. C. Coleman; Sec, Geo. ; Treas., A. Borel & Co.; Supt., J. \V. Hauls Office, San Francisco, Cal.—V. 82. p 279: V. 84. p. 101. fiEARY STREET PARK & OCEAN RR. ORGANIZATION.—Incorporated Nov.
The Commercial and financial chronicle . hly, and In Nov. 1904 to 90 cents monthly. On account ofearthquake and fire no dividends were paid from Anrll 1906 to Sept. 1908,when dividends were resumed at 50 cents per share up to May 1900. when60c per share was paid and monthly since to and Including May —Operates 11 H miles of track on 5H miles of — J. Henry Meyer; , J. C. Coleman; Sec, Geo. ; Treas., A. Borel & Co.; Supt., J. \V. Hauls Office, San Francisco, Cal.—V. 82. p 279: V. 84. p. 101. fiEARY STREET PARK & OCEAN RR. ORGANIZATION.—Incorporated Nov. 8 1878. Franchise expired InNovember 1903 and thereafter was operated by permission of city, payingIt 5 % of gross receipts. Road ceased operations on May 5 1907, refusingthe demands of the street car union of $3 for eight hours work. On Sept. ,17 1907 road resumed operation under special authority by Mayor and Boardof Supervisors upon payment of 10% of gross receipts monthly, the com- June, 1911.] ELECTRIC RAILWAYS 111. 112 ELECTRIC RAILWAYS [V L. LXXXXII. pany reserving the right as to wages of employees. We are , that in the latter part of 1908 only 5 ., was paid, an i tna. cms ratehas been continued up to the present d Lte June 1911). In 1907 the city of San Francisco appropriated 5720,000 In the annualbudget for tne building of a conduit system, under municipal uwueismp,but Judge Sturtevant Dec. 2 1907 held the appropriation invalid. Si eV. 85, p. 1518. At an election Dec. 30 1909 it was voted that the cityissue 52,020,000 bonds for the reconstruction, extension and operation ofthe road by the city. V. 90, p. 54. On June 25 1910 California SupremeCourt, affirming the judgment of the Superior Court (V. 90, p. 1170),sustained the validity of these bonds. V. 91, p. 38. $787,000 have beensold (V. 92, p. 594, 881), but up to June 1911 road was still being operatedby the company. On Sept 12 1910 Judge Van Fleet In the TT. S. Dlst. Court Issued anorder (a
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