Charles F. Crocker, Vice-President of the Berkeley Branch Railroad Company, and W. V. Huntington, Secretary of said company, being duly sworn, depose and say, that the statements, tables, and answers contained in the foregoing forty-four sheets, have been compiled and prepared by the proper officers of said company, from its books and records, under their direction and supervision; that they, the deponents, have carefully examined the same, and that as now furnished by them to the Board of Railroad Commissioners, they are, in all respects, just, correct, complete, and true, to the best of their knowledge, and, as they verily believe, the same contain a true and full exhibit of the condition and affairs of said company on the thirty-first day of December, 1887. CHAS. F. CROCKER. Subscribed and sworn to before me, this eighth day of June, 1888. E. B. RYAN, California Central Railway Company. Boston, Massachusetts. San Bernardino, California. Los Angeles, California. ......San Bernardino, California. The California Central Railway Company was incorporated May 20, 1887, and formed by consolidation of the companies whose names and dates of incorporation are shown in the table below: Names of Railroad Companies. Riverside, Santa Ana, and Los Angeles Railway Company-- San Diego and Central Railroad Company. San Bernardino and San Diego Railway Company. San Bernardino Valley Railway Company San Jacinto Valley Railway Company Dates of Incorporation. September 29, 1885. DEBT. CAPITAL STOCK. 1. Capital stock authorized by charter. 2. Capital stock authorized by votes of company 3. Capital stock issued [number of shares, 14,060, in exchange for stock of the consolidated companies]; amount paid in. Capital stock issued [number of shares, 26,020, on account of construc- 5. Total amount paid in as per books of the company. 8. Par value of shares issued 9. Total number of stockholders.... 10. Number of stockholders in California 11. Amount of stock held in California. 12. Funded debt, as follows: Bonds Interest paid on same during year. 13. Total amount of funded debt 14. Unfunded debt: $8,700,000 00 1,800,000 00 10,500,000 00 4,008,000 00 4,008,000 00 100 00 12 -9 18 shares 1,800 00 $4,008,000 00 $51,100 00 $4,008,000 00 17. Amount of cash, materials, and supplies on hand; sinking funds in hands of Trustees, and such securities and debt balances as represent cash COST OF ROAD, EQUIPMENT, AND PROPERTY-ROAD AND BRANCHES. 6. Engine houses, car sheds, turntables, buildings, and water stations.... 7. Machine shops, including machinery and tools, and part equipment, Agencies, salaries, and other expenses during construction 611,098 67 stock issued under contract for construction of road 2,602,000 00 Capital stock issued in exchange for stocks of the consolidating com- 22. Other Securities. Precipice Cafñion Water Company, 15 shares 23. Steamboat Property. One tug, "General McPherson" 32. SINKING AND CONTINGENT FUNDS. Showing amount of same, and their purpose. Applicable to redemption of what bonds. Character. Terms and conditions of funds. $892 50 9,000 00 $12,538 90 First mortgage The Railway Company from and after the first day of June, 1890, shall set aside each year from the net earnings, after paying the interest on all the first mortgage bonds, an amount sufficient to purchase one per cent of the outstanding bonds at 110 and accrued interest, and from June 1, 1910, the proportion to be purchased in each year shall be increased at the discretion of the Directors, so as to provide for redemption of all of said bonds on or before maturity. EXPENDITURE CHARGED TO PROPERTY ACCOUNT DURING THE YEAR. 20. Net addition to property account for the year--- REVENUE FOR THE YEAR. 1. Derived from local passengers on roads operated by this company.----2. Derived from passengers from and to other roads, over roads operated by this company 5. Derived from express and extra baggage... 6. Derived from mails. 7. Total earnings from passenger department 8. Derived from local freight on roads operated by this company. $8,025,892 50 $168,648 61 83,824 68 6,407 30 1,340 78 $260,221 37 $115,655 85 118,349 57 1,892 07 $235,897 49 2. General salaries, office expenses, and miscellaneous, not embraced in Classes III and IV 3. Insurance premiums and losses by fire, and damages for fires set by engines 4. Telegraph expenses. 5. Total 6. Proportion belonging to passenger department 7. Proportion belonging to freight department--- $496,118 86 $4,116 87 196 $6,247 14 26,134 61 6,349 16 9,575 03 $48,305 94 $25,336 46 Class II-Maintenance of way and buildings, and movement expenses. 22,969 48 1. Repairs of road (exclusive of bridges, new rails, and new ties). 5. Repairs of bridges 6. Repairs of buildings and fixtures (stations and turntables). 7. Repairs of and additions to machine shops and machinery. 8. Repairs of fences, road crossings, and signs. 10. Repairs of locomotives. 14. Fuel for engines and cars: Number of cords of wood, 73; cost. Number of tons of coal, 10,696; cost.. 15. Water and water stations... 17. Oil and waste. 18. Switchmen, watchmen, flag and signalmen 19. Total 22. Of the above there was expended for other than ordinary repairs. Class III-Passenger traffic expenses. 1. Repairs of passenger, mail, and baggage cars... 3. Damages and gratuities, passengers. 4. Salaries, wages, and incidentals of passenger trains. 5. Salaries, wages, and incidentals of passenger stations.. 6. Amount paid other corporations or individuals not operating roads, for use of passenger cars and repair of same. 7. Amount paid other roads for balance of mileage of passenger cars.. 8. Total Class IV-Freight traffic expenses. 1. Repairs of freight cars. 3. Damages and gratuities, freight.. 4. Salaries, wages, and incidentals of freight trains.. 5. Salaries, wages, and incidentals of freight stations.. 6. Paid corporations or individuals not operating road for use of freight cars. 7. Amount paid other roads for balance of mileage of freight cars.... 8. Total 9. Total expenses of operating the road embraced in Classes I, II, III, and IV 252,428 miles. 10. Per train mile (total passenger and freight).. Rental of miscellaneous buildings..... Rent of engines. Paid California Southern Railroad Company amount paid by it under $10,246 47 5,268 49 28,384 92 36,643 71 74 04 6,214 64 $86,832 27 $442,995 76 1 75 89 29 1,488 89 11,534 94 $40,250 00 $442,995 76 $53,123 10 $51,000 00 $260,221-37 1 54 25,336 46 EARNINGS, EXPENSES, NET EARNINGS, ETC., OF PASSENGER DEPARTMENT. 1. Total earnings from Passenger Department, as per "Revenue for the Year," No. 7... 3. Expenses, proportion of "General Traffic Expenses," as per Class I, No. 6.. 4. Expenses, proportion of "Maintenance of Way and Buildings, and Move 2. Per passenger train mile. ment Expenses," as per Class II, No. 20. 5. Expenses, "Passenger Traffic," as per Class III, No. 8.. 6. Total expenses. 7. Per passenger train mile. 8. Net earnings.. 9. Per passenger train mile. RECEIPTS, EXPENSES, NET EARNINGS, ETC., OF FREIGHT DEPARTMENT. 1. Total earnings from Freight Department, as per "Revenue for the Year," 3. Expenses, proportion of "General Traffic Expenses," as per Class I, No. 7.. ment Expenses," as per Class II, No. 21 5. Expenses, "Freight Traffic," as per Class IV, No. 8. 6. Total expenses. 7. Per freight train mile.. 8. Net earnings..... 9. Per freight train mile. 88,530 87 85,792 74 199,660 07 1 18 60,561 30 36 $235,897 49 2 80 GENERAL BALANCE SHEET AT CLOSING OF ACCOUNTS, DECEMBER 31, 1887. 453,810 05 $8,479,702 55 $4,008,000 00 4,008,000 00 381,029 59 80,649 86 Profit and loss (profit, if any) 2,023 10 Total. $8,479,702 55 PROFIT AND LOSS ACCOUNT FOR YEAR ENDING DECEMBER 31, 1887. |
