. The railway library . s a great deal ofthe main line right-of-way in this state was secured through UnitedStates government land grants, and many miles of branch lineshave been donated or the money to pay for the right-of-way hasbeen raised and turned over to the constructing company by thecounty. This is offset to some extent by excessive cost of linerevisions. The space between these curves, representing the excess originalcost of the right-of-way above the market value of the land atthat time, is the following per cent of the present market valuefor the stated period. Therefore, knowing t


. The railway library . s a great deal ofthe main line right-of-way in this state was secured through UnitedStates government land grants, and many miles of branch lineshave been donated or the money to pay for the right-of-way hasbeen raised and turned over to the constructing company by thecounty. This is offset to some extent by excessive cost of linerevisions. The space between these curves, representing the excess originalcost of the right-of-way above the market value of the land atthat time, is the following per cent of the present market valuefor the stated period. Therefore, knowing the date of construc-tion and the present market value of the property through whichthe railway passes, reference to the table will give the per centof the present market value that represents the original excesscost. Year. Per Cent. 1860 42 1/2 1865 44 2/5 1870 47 1/2 1875 50 3/5 1880 55 1885 60 1890 66 1/4 1895 • 75 1900 87 1/2 1905 102 1/2 1910 150 EVOLUTION OF GRAND CENTRAL TERMINAL NEW YORK CENTRAL LINES, NEW YORK. In Front of Old Tombs Prison-En Route from City Hall to 26th Street Stationrailwaylibrary04thom


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