Identifier: supcommercialfina92newy (find matches)
Title: The Commercial and financial chronicle
Year: 1911 (1910s)
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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MAPShowing the Street Car Lines OK THE CHICAGO CITY RAILWAY CO. Lines OperatingExtensions Authorized 26 ELECTRIC RAILWAYS (Vol. lxxxxii. LINES OF THE CHICAGO RAILWAYSCOMPANY HOMILtON ST.
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Feb., 1911, ELECTRIC RAILWAYS 27 Ry. by establishing four transfer zones Is provided, but In three of thesesones free transfers cannot be compelled unless net earnings for precedingyear were equal to 5 % on the Investment and the companys share of thenet earnings amounts to 1 M % additional. City may purchase propertyon Feb. 1 or Aug. 1 of any year upon six months n jtlce, for present value,which la fixed at $5,000,000 plus amount expended for Improvements,additions and extensions, but only for municipal operation, where purchaseIs made r>rlor to Feb. 1 1927. With an addition of 20% In price, city mavalso purchase for the purpose of turning property over to other parties (Ifpurchased for Chicago City Ry. only 12% additional need be paid), butthis additional sum need not be paid where these other parties agree to payover to the city all of the profits above 5% on the purchase price. V. 86,p. 1223. On Jan. 31 1910 certified value of property and additions theretowas $6,931,279. In De

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