. Annual report of the Board of Railroad Commissioners of North Carolina, for the year ending .. . ued Paid During Year. During Year. June 1st. i $ 90,000 00 $ 90,000 00 ! 44,040 00 49,200 00 April and Oct. $ 183,240 00 44,040 0049,200 00 $ 183,240 00 * The consolidated mortgage bonds, amounting to $1,853,, are held by the North State Improve-ment Company. The interest on these bonds is not payable until earned. CAPE FEAR AND YADKIN VALLEY RAILWAY COMPANY. 465 RECAPITULATION OF FUNDED DEBT. Mortgage Bonds: Amount issued $3,054,000 00 Amount outstanding 3,054,000 00 Amount of int
. Annual report of the Board of Railroad Commissioners of North Carolina, for the year ending .. . ued Paid During Year. During Year. June 1st. i $ 90,000 00 $ 90,000 00 ! 44,040 00 49,200 00 April and Oct. $ 183,240 00 44,040 0049,200 00 $ 183,240 00 * The consolidated mortgage bonds, amounting to $1,853,, are held by the North State Improve-ment Company. The interest on these bonds is not payable until earned. CAPE FEAR AND YADKIN VALLEY RAILWAY COMPANY. 465 RECAPITULATION OF FUNDED DEBT. Mortgage Bonds: Amount issued $3,054,000 00 Amount outstanding 3,054,000 00 Amount of interest accrued during year Amount of interest paid during year Consolidated Bonds: Amount issued Amount outstanding (interest payable when earned). Total amount of bonds amount outstanding 183,240 00183,240 00 1,853,700 001,853,700 004,907,700 004,907,700 00 CURRENT ASSETS AND LIABILITIES. Cash and Current Assets Available forPayment of Current Liabilities. Cash Due from agents Due from solvent companies and indi-viduals 48,939 41 Balance—current liabilities Total • $i7i,939 38. Current Liabilities Accrued to and In-cluding June 30, 1891. Audited vouchers and accounts $ 6,189 J7 Wages and salaries 19,742 39 i Net traffic balances due to other com-panies : 8,336 13 Miscellaneous ; 84,433 00 Balance—cash assets | 53,238 69 Total j $ i7i,939 38 Materials and supplies on hand. $15, RECAPITULATION. FOR MILEAGE OWNED. Account. Total AmountOutstanding. Apportionment. Amount per Mileof Road. To Railroads. Miles. Amount Capital Stock _ $ i,955,55o 004,907,700 00 $ 1,955,550 004,907,700 00 327-18 $ 5,976 9815,000 00 Total _ . $ 6,863,250 00 $ 6,863,250 00 327-18 $ 20,976 98 FOR MILEAGE OPERATED (TRACKAGE RIGHTS EXCLUDED), THE OPERATIONS OFWHICH ARE INCLUDED IN THE INCOME ACCOUNT. Name of Road. Cape Fear & Yadkin Valley Ry. Co South Carolina Pacific Ry. Co. Grand Total CapitalStock. $L955,55o 00100,000 00 FundedDebt. CurrentLiabilities. $4,907,70o 00 $ 118,700 691
Size: 906px × 2758px
Photo credit: © Reading Room 2020 / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookauthor, bookcentury1800, bookdecade1890, booksubjectrailroads
