The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-02-16
HOW STOCKHOLDERS SEE IT.
THE CONDITION or THE CENTRAL RAIL
RON or NEW JERsHY
The Report OF ~ Committoc of Inquiry John
TaNior John-tou Questioned An in>vcr
that was not Satisfactory to Bondhoidci-.

The Report or ~ Committoc OF rnguiry y ohn
Taylor Johnston Qurstionsd An inSwcr
that was not Satisfactory to Bordhoidc,~.
Tho stockholders of the Central Railroad
of Ncw jersey reast-n nmblrd yesterday tn lstan
to the report ui the committee of inv at gntion.
Tho large Philadelphia owners who cunstitutNd
President Knights most Jealous aihcrcnts
were not there. Nrith'r WA Mr. T.. c. Knight.
nor any other conspicuous officer Of the COM
pany. Mr.. John I. Brookman. Chairman Of
the committee. rcad tho report. II first sk t'hca
the merging Of The various coal interests into
the Ishign and Wilkssbarrc Coal Company.
and udds:
the CON sni,; wcr e-i,nai,d ei 81 iss' g. and
t r,n, mt ~ ih. .a'a l ,SA o the
-'nt u. value uf the company. except 500 oi
Brcgk C",l Conians who-' -tok n-t bclcrc the mcrs
,yvi nad n, ben b., i1oir..d ifnm ~ -tnn ~ S'r',"n
M ronni,.,c ma nst mmc 10 e-cS'.n The Central
en, W ,h nt s =, ~ 1s cccns ~, ne
,,bcS a,n,u H., ca,nit, ~ w.. ain, M a,
nM,fiN ~ ih. & coa comran, l-,ndH $1,000 lurchasd
io-, accrued from thc mining operations and Increased
los IRON o'erp ro,ae. - tina, ~ $50 The railroad
sYinlsal a-ttli io tgnranc. principal and interest on
slr"nW IN. coal ccinpanys bonds, actually guarau.
IT. "a :, h coal company cost additionally for land,
impfoNrm NJ ,iauon, ani i.r- si2a'oln Athoush
m,nisi does not .wear tia, any allowance Wa. made
swciledby mtarcston lands not worked. srlopn The
rnito.d company. bonded debt Is Lise 1880 be.
h"eune debt !, sd,2 t5i In thrc years ~ - rs 1t
nIincn. of Which was -od At coiniinsuon fat . Thc
rnanci result OF the three Ncsr. mining with nter II
& ' S Il M n0; .hoad h'd BE- be added Sa' %p qsl
nYn 9i ,qu,pmcn, AMI ncr.,nal p,"pcry ,tinnicd At
on the e.a' marketed ke,i,- ilc floating debt hN state
iur thc coa c'nitny I" thc cXtcnt c tli4lru, oir.
-e,nns The Later ~ ~ unsecured clam against the coal
g. - w'.'A 'w.i u blanket moreNgc oi s'ss'rr
u''coal crillan, bond. sS..Dip American ncck and
si,.t Yard AMI Naih ttomraiiJ siSopi nadiiuon ar,
,Ig,t Of south branch Rsilroad Company.
n'nt oi rollins .,ocs but mo ailwsnc !. made for lie.
& ,'s nd % sa. c'Sf sni f & 1 Tnc 'mns asns
n',nof' estimates hc value of rolling stock at million
iorncr much era, tian it ,houid r The Ntw jcr.
- a ' a ana Nf.n, Sas @Ips P,"TsS psys ,c ssd M &
Amman 'g.h '. ana Improvement company A sio
t. -.o"rn gnd it W., char.ed h III nov ,ds'r LSni
&c. ,, sn,,aniiH 81 1880 ~ ehnrs,d 10 the
-. ana l"i.n, IA, ~ "mlahl ahd i,r.N ,. station
VA, not ifrccod onu -7iNsni ih, lie fadad ca
lsrs lal ti, st'o o NV Jersey s,s'lo" 10 lcr-t the
road opsn, @ cnia % Gaa ven dsesr n d made ia" ON AZ the %
'r oi c Sok ,pa ws. carrtd L, The ri ,sr m Ii ,n.
nc.i hN r railroad company The annual .iat. ont Of
value o. lands On IL, I'm, o ue roa. !. to lc sw erjc
-f huIN - Pro fhIi " uty VIII pay the railroad com.
IauN thu other ~ per cent
" considered II necessary g. prosecute our
inquire. and examinations further. the IN
- ms 60 extend TO tho roadhcd, utVr i account. and
other items.
IN, di, ll.nds from January. 1877. to Jsnu. -
AIRY. I-1s. aggregated SlJ.-4O5l u
The raI-rd Aui ,4ultf charges 10 which
W. have cai,d Your attention AZ, a, iol-
lows
Anencan nock aud improvement Compy i5t3nsa ~
Interest on same 1910 iu7 ~,
Discount on bond. ........ ....... .... iu.J5s M
Interest charged ON property rai- d since
I-72 ............ la5 Al
Ra-,t ,aiaa OF Lcheh and wkcsbarre
bonds raj .-.......... ........... 75i sIi ~
statement 10. ...'..'. -.,,...-'. 80. 3eooo N
T.high and Wilke.harrc bonds fai-.d 49,. $3.50 ui
Equipment charged ia of inventory ~. III
f,rrs buAts IN excess o inventory ....... lppp al
N.W jfr-cy stock Yard and Mar.
k't Company .................. s'i.-. .-esS ~
Ronis ASSUMED .............. 5000 % - bSSR \,
sew J,r.. nni West Lane boni, ~ ~ Il,
in'rrU-t eHlI -ed tn newark traID. %, ,Esl W
Making apparent loss and dU pre- intiun
d,gi iar. ~, '...... ......,.. 7.72'sa7 %
t. which shou.d hc added an estimated de.
Ircciauvn Vn equip 2psfsp ts
s~2i,s.7 ~
condition. add o. "a, Hho,t loss the cost
ui %, Lehigh Hud WIN, lurre stock.
Mhifh We considlr Murthll -, As an asst
OF IN, compAnS .'. -. 5osi.777 od
Also los uf lkeshArro bonds. nll ct y hich
Wlk, ,O-rr, compan, ....... -r Ats,oo a.
And uls' the amount ol the blanket mort
Aale loaned TO the MIkt STARE Company l.ii2Vp o
sat4sir5 &.
From such showing tho committee coull