Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-05-30

tA'fhflt OF ltItef rom ~ - is RAUL Afft4r
rer Of Richmond and West Point Terminal Kali
way and Warehouse company, dated Nay IS,
lssg. to MessrA Maitland. Phelps s. 60. snd
Kessler & Co:
This company, through The oenership ofsiocts
and bonds uorsof, controls the following lhfeS
great systems Of southern niirosds-TiL:
Mics.
Richmond and Danv.lle.,-A0Gi
including Steamboat Limo
from West Point Va, 10
Baltimore. Ml--eQuiya-
lent railroad mileage. 2D t,A3 miles
East Tennessee. Virginia
and Georgia systefn....... l.Slt3
Georgia Central system ....2,29
ius'uding savannah AMI
New YORK steamship
Lino and savannah ami
Boston tesmship Line
equivalent railroad nile
..................... 20 2'l'
Total................... 5.iilt
These systems OF railroads extend from Wl'r.
ington. D. G.. through oil Of iho soaiheu s..t
east Of tho Mississippi river. including le.l.s-
Geo, touching oil Of the principal sol
sesports, excepting one, and al ~ iLe lr.. .s.
cities ami towns in these southern STATE
The benents % accrue from no uu.t-sr
iheso three systems are: Maintenance .. r'.i
economy, extended connections aud iwf Hl
fae4litieA which will doubles result in q l..-
lacrosse Of revenue and decrease .n o.
! expenses.
The statements OF me vsrous sys'ers of
/ controlled by tho Eicfmoni aus Wet Point
miusI Warehouse COMPANY, inciu1Ing oran0 .f
and auxiliary lines. for tle.r respective as.a
years ending % ls,', were
Gross IAmingA bet Earnings. IEet chs....
Ss.2l5,50 tlnH2t.I f.
! Showing earnings over nHei Charge
of....,................ ACKNOWLEDGEMENTS. f.'
out Of which tho dividends paid vero... i-'.. ,
Leaving a surplus over all f1oi charges
dividends, BE-, Of...... ..............- g. D.
Tho capitalization per mile of froso Ir.I-r .t
exclusive Of The securities oHual aai
trolled by this company, is a. follows:
stcs urt
Richmond and Dang.uo Roll
road ....-..-..... 500 ..-..
Eass tennessee. Nirsiaiaani
| Georgia ..................... ali'
| Georgia Central ............ t.l-- .nt
Average. ......-. ......-l, i.i tH-
| Entire system. including tle
securities OF the Richmond
and West Po.ut Terminal
Railway AMI Warehouse
Company Outstanding. ....l.'J Ut"
Referring 70 the issue Of ESQ.,, .iI ot,ls ---l.
| pany's per cent consolidate .r.s flsf'
! collateral gold trIst bonds r-..4-y sli q. B
syndicate represented ~ yolr g0.i s..,es
would here state that they cyna;i.4-l a i-s -
on certain stocks snl hoods as Iaf t.f
enumerated ia the m0rgagel, having ..t.a..
ystue Of f7.4CGo0j, Dat tor purpose ~ a'
valued al S7.SD.Sol Those bonds az. a.' 'f.
cond ten on certain stocks ent boo r's'
described ia this mortgage, on @lic. '
psny's $500 90 per cent collateral T'-t '' Is
are irst lisn.. with merketralpo o.
/ aud which ore valued Oh tle boss az 'le o.i.
pany Tor purposes of control ~ tif.>illo-
Tho estimated revenue Of tAis company q
1873, considering Tie Income " no railroad
controlled by ~ 90 be not more han lasl yea
will b 81. JJ6.6io.
In addition " the revenue above staief, 'n
terest may Do exp ted ca tho following oonii
owned BY tbs company;
si.32lO0O Western North Caro-
lima consolidatei mortgage
| per cent touds. 3sJ
$4,000 North Eastern Railroad
Company gold mortgage 6per
cent bonds.........-.........--. l.f1