New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-03-28
The West Chicago street Railroad Company
makes the following statement
WEST CHICAGO ST. RAILROAD co.
OFFICE OF THE PRESIDENT.

Chicago H.. February 18TH 1891
operates. through leases 25aoc miles of road. made
/ follows:
Niles
West Chicago Street Railroad Company '2'o
LEASED
Chicago West Division Railway Company. 90
Chicago Passenger Railway Company. ............. 81
Cicero Proviso Street Railway Company.... s7s7
Ogden Street Railway Company ............-. 1868
West Chicago Street Railroad Tunnel Company.
ass0s
WHICH rs DIVIDED INTO
Electric .............................222
The above corporations own real valued fol-
lows:
Value Of Value Of
improvements. LandA
Chicago Street Railroad
Company 81 Gi5. IA SSooolo W
Chicago Passenger Railway
Company .................... os.47s IS l4eo3 %
Chicago West Division Railway
Company .................... LOB COS -o4''f'o "
West Chicago Street Railroad
Tunnel Company .......... io45 esl IS TBS SIS 6s
s575a 4s3 os s432s 23s ss
norton Of the above mentioned real estate pur-
chased oy this Company subject to mortgage liens OF
$4,000.
Re
Company ogden Street Railway Company Is not ADDED
10 the foregoing for that while the West CHI
cago Railroad Company guarantees the Interest on
the bonds o. these companies in case Of deficiency
the for which the West Chicago street RAILROAD
Company would be liable would be lien against ths
nrona-ty OF these companies The interest the bonds
Of companies paid by the respective companies
themselves.
Bonds Is
si25Ooooo of which about
g. be held by ,hs Trustee for the purpose
Of retiring an equal Of FRS, Mortgage Bonds.
and the
5000 600 purchaeed BY the syndicate recently are to b.
used FOR the pu-po,. retiring 81 700 outstanding
Ga Debentur, Bonds and floating deo;- amounting
10 about 50, 10000
81 800 900 are reserved issued for permanent
improvements property. for tho aesurement or
construction Of new llne1 10 exceed 15S
OF the cost o; such additional acquisitions
Since is9J has been spent on the property over
$1,000 600 This paid out Of tho net earn
ngs and OF sale of 81 $4,000 stock a,
par and from Debenturs Bonds ard from borrowed
money stated above.
The authorized capital West Chicago Rail-
road Company $50 oooooo. Of which there has been
issued Sl3. $4,000.
The amount of bonds Issued lie - follows
Fixed charT.A
Yves, Chicago Street Railroad Com
pany First Mortgage IS bonds $0sSsooo slee 81"
West Chicago Street Railroad Com
pany go Debenture bonds. ......... 27oooO 10000
The guarantees able on account OF leased
roads follows:
$50 on 81 10000 Chicago West
Division Railway stock Geased .ine) $1,000
Guaranteed Expenses maintaining
Co-porais Organization Of Chicago
Vest Divsoa Railway Company 60"
Chicago West DviI!on Railway
Qeasea linel 100000 First Mort
rags 4iA8 bonds. ..............--.. lel'cO
Chicago Passenger Railway dsased
lne) 100000 ss Consolidated
bonds ACKNOWLEDGEMENTS oo'"o
Chicago Passenger Railway S4O.N
SO First Mortgage bonds. 1900
Chicago Passenger Railway dividend
a, 50 on 81 600 90 stock. in ac-
cordance with Of lease. ooUo
West Chicago Street Railroad Tunnel
Company 100000 F1st Mort
bonds Io'V" ''o'o''
C,is7.2Oo
From the above srs Be deducted the fol-
lowing amounts:
81 dividend on $4,000 Chicago
Passenger Railway stock owned
by tho COMPANY. .-...........''.. <''o~
g54 dividend o25i shares Of Chi
cago West Division Railway Com
pany stock owned by the company zls. 10 bozso
49,, .,,. =, ,,.. chargn seIo,9i5
TIL. opeatons OF tho Chicago system for the past
Eve years have follows
1892 1891 1894
c-o.. .arn,nm........s4e 2o 21 s. %5 e3a $%lslZ3o
on.r.tnx expenses ...... 26s7.3o 2. s92ss2 IolsoA
earnings ei'ooSs0" ~-'o--'> "-'-'
r-,xsd charges including