File:The Commercial and financial chronicle (1908) (14591442528).jpg

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Identifier: supcommercialfina87newy (find matches)
Title: The Commercial and financial chronicle
Year: 1908 (1900s)
Authors:
Subjects: Finance Banks and banking Securities
Publisher: New York, W.B. Dana
Contributing Library: Robarts - University of Toronto
Digitizing Sponsor: Internet Archive

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3 tulles New York City Railway and subsidiary companies. 519.46 miles Total (single track) ...864.02 miles STOCK. The pref. slock has voting power upon default of payment o dividend thereon. V. 82, p. 217, 280. DIV1 DENDS. Dlv. on pref., 1 i „ quar., paid July 2 1906 to July 1907inclusive; none since to Oct. 1908. Y. 85, p. 600. VOTING TRUST.—All the common stock Is deposited under a voting trust agreemenl to Sloh. 6 11111, subject to termination in the discre-tion of the voting trustees, viz.: August Belmont, Walter G. Oakman, Thomas P. Ryan, Cornelius Vanderbllt and Peter A. B, Wldener. bonds The collateral trust 4 Iis or 1906 (Windsor Trust Co., N. v.,tm 11 ei are secured by pledge of all the stock of the InterboroughRapid Transit Co. or voting trusl certificates therefor acquired at the rate of $ i in bonds for 8500 interborough Rapid Transit stock, v. 82, p. 280. V $500, 15% mtge. due In 1911 covers property In 218th St. v. 83, p. us. Oct., 1908.) RAILWAY STOCKS AND BONDS. 67
Text Appearing After Image:
(58 RAILWAY STOCKS AND BONDS. (Vol. lxxxvii. The collateral trust 3-year 5% notes of 1907 (515,000,000 authorizedIssue) can be Issued only pro rata as the collateral mentioned (V. 84, p.1248) In the deed of trust Is deposited. Collateral may be withdrawn ondeposit of an amount of cash as fixed by the deed of trust or additional notesof Metropolitan Street Ry. There are $4,545,000 6% notes (extended) dueMay 27 1910. V. 85, p. 1401; V. 86, p. 1285. REPORT.—Report of holding company for year ending; Dec. 31 1907was In V. 86, p. 475, showing-; Total receipts, $4,753,561; Int., taxes, &c,$3,368,069; dividend on pref. stock (2M%), $1,143,500; bal., sur., $241,992. Combined Operations—Interborough Rap. Tran. Co. and N. Y. City Ry. Year end. March 31— 1906-07. 1905-06. Changes. Gross earnings $43,353,841 $40,693,671 Inc. $2,660,170 Operating expenses 21,841,884 21,044,516 Inc. 797.368 Net earnings $21,511,957 Other Income 1,187,464 .19,649,155 Inc. $1,862,8021,215.781 Dec. 28,317 To

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  • bookid:supcommercialfina87newy
  • bookyear:1908
  • bookdecade:1900
  • bookcentury:1900
  • booksubject:Finance
  • booksubject:Banks_and_banking
  • booksubject:Securities
  • bookpublisher:New_York__W_B__Dana
  • bookcontributor:Robarts___University_of_Toronto
  • booksponsor:Internet_Archive
  • bookleafnumber:660
  • bookcollection:robarts
  • bookcollection:toronto
Flickr posted date
InfoField
29 July 2014

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