Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-06-01
MEssRs. THOMAS BRANCH 500.
ARE AUTHORIZED TO RECEIVE s,5,CRp.
TIONS - RICHMOND.

ARE AUTHORIZED TO RECEIVE 5,CWp.
TIoNs E,WcHvoND.
Extracts o. .et.er from }lr. A.I Ha.h. t.ea...
rer Of hichmond and West r.iaf Terminal Rail.
way ami Warehouse Company. dated Maya
1879 20 Messrs. Aa.laal, i..l.s s. t.. a.l
Kessler & Co.:
This company, through ne ownership
and bonds foero'. controls Go following tnlss
great sj-teas OF southern uilroads-yiL.
Nne..
Richmond and DaRvlie....l, ~
including Steamboat LIMO
from West Point. Va. so
Baltimore. Va. equiv
lent railroad mileage. 2n0 -,M mica
East Tennessee. Virginia
and Georgia -ystem....... i.ft3
Gcorg.s Central system. 2,-9
inc ldirg savannah ami
Now YORK Steamship
Line and Savannah llI
Boston teamship Line
equivalent railroad milo
Age. OBSERVATION-DISCLOSURES 70 2'ti
These systems Of railroads extend from Ws.b.
ngton. d. e.. through al Of lhe soI,a,ra ,..s
east Of the Mississippi river. including .....-
see. touching an Of .he principal -..l.a
seaports, excepting ono. aud al ol tls g... .-
ci;ics and town, Ia tLese southern Skates.
Tho bencnts - accrue frcg ths ln.l.ir
these three systems are: Ma.uionar-c l..
economy. extended counectons. AMI i...,.
az. d..
increase Of revenue auI decrease ~ o......s
expenses.
The statements Of tai various svsfcms ~ rol.t
controlled by the Richmond and West POINT T'.
minal Warehouse Conway. including branch.
and auxiliary lines, for tleir respective ns.l.
years ending 10 is,s, were:
Gross Eamngs. Set Ean.ngA Tlyei Ctsl,..
S2s.@5,5j, si0ccrs G.f...s
showing earnings over fixed change,
of..".........-..-..-...., ..............s..
out OF which the aiyidends pail scre... i..t..,
Leaving a surplus over an Gxcd chars
dividends, SC, Of--.-...-.............. %. b..
The capitalization por mils Of ,re-c lroi e.,..
exclusive OK the securities osn,l all c.l-
trollod by this company he as follows:
STOCK BrR
per mile. I.rn.e
Richmond aud Danyils Rail
road ........... ...-.tt.-.- -,tIl -..-..
East Tennessee. Firginia4ui
Georgia ...................... .i,
Georgia Central. 70 l-- tf
Average. ..-....r ...---44t--s 49,
Entire system. including tlc
securities Of tho Kichmoai
aud West Point Terminal
Railway and Warehouse
Company outstanIlne.....i on D..
Referring 10 tho issue q $500. 20 o.. -..--
pany's per cegL copso,ila,cl .s.. u.u.lss
collateral gold trust bonis. recently 80 10
syndicate represented By yolr e.-i selves. Z
would here stste thai they c3n,,t...s
on certain stocks ami bonds a. ..af
enumerated ia th) mortgage. ii.t.t l's.
yalueof $4,000, Oh, for pgrp0ss t CONTROL 40
valued al t7.53).S0l. These bombs a- a-'-
cond lien or certain st)cz- AMI t..-- i,'f'
described Ia his mortgage. on wlra ua
panys $500 90 per cent collateral t,4-. ne f
arc a first lien With a market vai1ooftl
and which are valued on tho t}1ss ~ mo e9i.-
pany FOR purposes u cou.r0lat Sit.1i.3oi.
Tho est!malel revenue II tlis Company fr
1873, consolidating tho inoome o. the raiireah
controlled by % % bo not moro 0an la'i yta.,
will be tl.0l6.66.
ia addition 10 ma revenue above satel, '1.
feres, may be ~ p.ctod on tho following t1's
owned ~ She company:
Sisl5.OO Western Norm Caro-
Ina consolidated mortgage
per cent bonds. ............. S,1,,)
$4,000 Norih Eastern Railroad