. Annual report of the Board of Railroad Commissioners of North Carolina, for the year ending .. . zed 1,000,000 00 Total amount issued and outstanding 1,000,000 00 276 BOARD OF RAILROAD COMMISSIONERS. FUNDED DEBT. MORTGAGE BONDS, MISCELLANEOUS OBLIGATIONS, AND INCOME of bond or obligation—first mortgage. Date of issue, 1887. When due, 1937. Rate ofinterest, 6 per cent. When payable—May and November. Amount of authorized issue $ 750,000 00 Amount issued 750,000 00 Amount outstanding 750,500 00 Amount of interest accrued during year 45,000 00 Amount of interest paid during year fiOO


. Annual report of the Board of Railroad Commissioners of North Carolina, for the year ending .. . zed 1,000,000 00 Total amount issued and outstanding 1,000,000 00 276 BOARD OF RAILROAD COMMISSIONERS. FUNDED DEBT. MORTGAGE BONDS, MISCELLANEOUS OBLIGATIONS, AND INCOME of bond or obligation—first mortgage. Date of issue, 1887. When due, 1937. Rate ofinterest, 6 per cent. When payable—May and November. Amount of authorized issue $ 750,000 00 Amount issued 750,000 00 Amount outstanding 750,500 00 Amount of interest accrued during year 45,000 00 Amount of interest paid during year fiOO 00 RECAPITULATION OF FUNDED DEBT. Mortgage bonds—amount issued $ 750,000 00 Amount outstanding 750,000 00 Amount of interest accrued during year 45,000 00 Amount of interest paid during year 600 00 CURRENT LIABILITIES. Net traffic balance due to other companies $ 157,333 30 Interest 45,000 00 Total $ 202,333 30 MILEAGE OWNED. Account. Total AmountOutstanding. Capital stock $ 1,000,000 00 Bonds i 750,000 00 Current liabilities 202,333 30 Amount per Mileof Road. $ 20,275 79 - 15,206 81 i J 4,102 49 OXFORD AND CLARKSVILLE RAILROAD. 277 OXFORD AND CLARKSVILLE RAILROAD.—Continued LESSEES REPORT OF OPERATIONS. OFFICERS. See Richmond and Danville System. Page 201. COST OF ROAD, EXPENDITURES DURING YEAR. Construction : Sidings and yard extensions * 119 73 INCOME ACCOUNT. Gross earnings from operation . $ 74,482 5277,513 01 $ Deficit— _ $ 45,000 002,190 101,769 29 3,030 49 Deductions from: Income :Interest on funded debt accrued 1 $ Total deductions from income . 48,959 39 Deficit „ _ $ 51,989 88 Deficit from operations of year ending June 30, 1893 Deficit on June 30,1892 [From General Balance Sheet,] $ 51,989 88156,546 08 Deductions for year __ ._ __ _ _ $ 6,350 00 Deficit on June 30,1893 [For entry on General Balance Sheet,] $ 202,185 97 278 BOARD OF RAILROAD COMMISSIONERS. EARNINGS FROM OPERATION. Item. TotalReceipts. Deductions, Account


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Keywords: ., bookcentury1800, bookdecade1890, bookidannu, booksubjectrailroads