NAMES AND RESIDENCE OF THE DIRECTORS OF THE CORPORATION. THE NAMES AND OFFICIAL ADDRESSES OF THE EXECUTIVE AND GENERAL ADIRONDACK. (Date of charter, July 7, 1882.) The Adirondack Railway Company was incorporated as a reorganization of a corporation known as "The Adirondack Company" under a plan or agreement filed in the office of the Secretary of State on the 7th day of July, 1882, and entered into in pursuance of the second section of an act of the Legislature of the State of New York known as chapter 240 of the Laws of 1874, and "An act to facilitate the reorganization of railroads sold under mortgage and providing for the formation of new companies in such cases" as amended by chapter 446 of the Laws of 1876. The said Adirondack Company was incorporated October 24, 1863, in pursuance of an act of the Legislature known as chapter 236 of the Laws of 1863, subject to the provisions of the general railroad law, except so far as the same is inconsistent with the provisions of the said act of 1863. By articles of association filed in the office of the Secretary of State in conformity with the provisions of said act, and empowered to construct and operate a railroad from some point in the county of Saratoga, up and along the valley of the Upper Hudson in the wilderness in the northern part of the State, to purchase, take and hold lands to the amount of one million of acres in said wilderness, in addition to the land it was authorized to take under the general railroad law, to convert and prepare for market the natural products of the forest; to mine and prepare for market the iron and other ores and minerals upon its lands, and to transport, sell and dispose of the same. And "The Adirondack Railway Company, by virtue of its incorporation, and under such reorganization, became and is vested with and entitled to exercise and enjoy all the rights, privileges and franchises, and possessed of all the lands, property and immunities possessed by the said Adirondack Company as covered by its mortgage and sold under the proceedings to enforce the same, pursuant to the said act of 1876." Number of shares of ordinary stock, issued as above. 26,000 26,000 75 The Adirondack Railway Company has become the successor to the rights, franchises and property of the late Adirondack Company, including its interest in about 500,000 acres of land; in payment for which, in reorganizing the company, trustees' certificates convertible into stock and bonds were issued in accordance with the articles of association for the gross amount. It is difficult, therefore, in making this statement to apportion the proper amounts to the various accounts. CHARACTERISTICS OF ROAD. Main line of road from Saratoga Springs to Ogdensburg, N. Y., about..... 180 miles. Main line laid........ Sidings and turnouts on main line. Aggregate of all tracks on main line, including all sidings and turnouts. Gauge of track.... Miles of steel rails (reduced to single track) in main line Weight per yard of iron rails in main line.. Length in feet of pile or trestle work in wood on all lines EQUIPMENT. Number of locomotive engines for passenger service Total number of locomotive engines owned...... ...... Average weight (with tender and fuel and water) of each kind of locomotive engines, viz.: Passenger engines... Freight engines... Number of engine-houses. Number of first-class passenger cars Aggregate number of stalls in same.. Number of baggage, mail and express cars. 5 Number of locomotive engines controlled by the corporation for use, but leased instead of owned... 1 MISCELLANEOUS. Number of machine and car shops.... 1 Average number of persons directly employed by the company dur ing the year... 77 Aggregate amount of salaries and wages paid to same for the year. $36,990 48 DOINGS OF THE YEAR IN TRANSPORTATION AND TOTAL MILES RUN. Number of tons, of 2,000 pounds, of freight carried in cars... 35,205 Number of miles traveled by passengers, or number of passengers carried one mile ("total movement of passengers"). 931,547 Number of miles one ton of freight was carried, or number of tons carried one mile ("total movement of freight "). 1,050,544 Average rate of speed (miles per hour) adopted by ordinary passenger trains, including stops.. Rate of speed of same when in motion .. Average rate of speed adopted by express passenger trains, including stops.. Rate of speed of same when in motion Average rate of speed adopted by freight trains, including stops.. 14 18 |