RESULT OF THE BUSINESS OF THE YEAR. Earnings. From passengers From N. Y. City and N. R. R. Co., for use of terminal tracks.. From mails.... $6,632,953 54 6,000 00 5,000 00 BALANCE SHEET AT THE END OF YEAR. Lease, the New York Elevated railroad.... Supplies on hand...... ..... Tools and machinery owned.. Due from the New York Elevated Railroad Company, account of construction.. Due from Metropolitan Company, account of construction.. Real estate Interest on bonds and mortgages Taxes paid on New York Elevated railroad structure.. United States Trust Company, trustee.. Cash........ Sundry current accounts. Total.... .$25,988,562 08 * Including respectively the earnings and expenses of the New York Elevated Railroad Company from May 6 to June 30, 1884, as appeared in that company's report for quarter ending June 30, 1884. Three per cent on $6,500,000, the New York Elevated railroad (or Manhat- $195,000 00 195,000 00 Three per cent on $26,000,000, Manhattan railway consolidated capital stock for six months ending September 30, 1884 780,000 00 Total dividends for the year................... $1,170,000 00 See investigation by Railroad Commissioners in volume I of their report for 1883.— Railroad Commissioners. Second preferred capital stock.. The New York Elevated Railroad Co. (supplies and equipment). . Bonds and mortgages... The New York Elevated Railroad Company, real estate. Stock agreement of August 1, 1884 Unfunded debt, per 66 Stock and Debt ". Balance surplus, September 30, 1884.... Total...... "INCOME," OR "PROFIT AND Loss" ACCOUNT. .$22,420,045 00 101,500 00 297,000 00 26,600 00 93,507 45 67,988 86 250,400 00 78,769 69 633,426 48 365,068 49 398,855 00 1,154,132 33 101,268 78 .$25,988,562 08 Balance due on second preferred dividend of April 1, 1882..... $301 50 Amount favorable to Metropolitan Elevated Railway Company under agreement of July 1, 1884, for dividends prior to October 1, 1883.. 579,756 00 580,057 50 Balance surplus September 30, 1884 $101,268 78 NAMES AND Residence of thHE DIRECTORS OF THE CORPORATION. THE NAMES AND OFFICIAL ADDRESSES OF THE EXECUTIVE AND GENERAL Communications intended for this company should be addressed, Manhattan Railway Company, No. 71 Broadway, New York city. METROPOLITAN ELEVATED. LESSOR. LESSEE, MANHATTAN. (Date of charter, June 17, 1872.) The Metropolitan Elevated Railway Company is the successor to the Gilbert Elevated Railway Company, which was incorporated under chapter 885, Laws of 1872. SIXTH AVENUE LINE. From Rector street to Eighth street, opened June 6, 1878. First train to Fifty-third street and Eighth avenue, January 9, 1879. First train to One Hundred and Fourth street and Ninth avenue, June 7, 1879. First train to One Hundred and Twenty-fifth street and Eighth avenue, September 17, 1879. First train to One Hundred and Thirty-fifth street and Eighth avenue, September 27, 1879. First train to One Hundred and Fifty-fifth street and Eighth avenue, December 1, 1879. SECOND AVENUE LINE. First train to Sixty-fifth street and Second avenue, March 1, 1880. First train to One Hundred and Twenty-seventh street, and Second avenue, August 16, 1880. The lines of this company are leased to the Manhattan Railway Company under the agreement of May 20, 1879. Number of shares of ordinary stock (subscribed). NOTE.-On August 1, 1884, an agreement was made whereby the outstanding capital stock of this company is exchangeable into consolidated capital stock of Manhattan Railway Company. See that company's report. 65,000 65,000 114 Additional issue and sale of 335 second mortgage bonds, $1,000 each $335,000 00 CHARACTERISTICS OF ROAD. Main line of road from Kingsbridge, via Eighth avenue, to Morris street, and from Chambers street, via Second avenue, to One Hundred and Twenty-ninth street, and thence to Eighth avenue. Main line laid ..... Branches owned (built) Total main line (laid), branches owned, and lines leased or operated. Second track on main line Second track on branches owned, or lines leased or operated..... Total second track *Amount of two past due coupons. + Under investigation by this board.- Railroad Commissioners. See report of investigation by Railroad Commissioners in Vol. I of their report for 1883. - Railroad Commissioners. Third track on main line.... Sidings and turnouts on main line, including yard tracks..... Sidings and turnouts on branches owned and on lines leased or operated Total sidings. Aggregate of all tracks on main line, branches owned, including all sidings and turnouts.... List of Branches Owned, Leased and Operated. (Built.) 3.60 miles. 4.48 miles. .01 4.49 miles." 44.25 miles. New York. ... Office expenses, stationery, and other expenses about (general) office. All other items.. 138,753 03 Total expenses.. $191,058 95 AMOUNTS PAID FOR CERTAIN SPECIFIC PURPOSES INCLUDED IN FOREGOING. |