Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1901-09-30
STATE HOUSE.
Some Recent Reports Reserved In Office Of
Railroad Com nj: sioners.

| following:
The Franklin county system of mar
| row gauge roads made up of the
Sandy River. Franklin & Megantic and
Phillips & Rangeley lines report a
good year with increases for the most
part in freight and passenger earn
Ings. None of the trio had an accident
for the year. The most important
features of their report will be found
below:
Sandy River Railroad-Gross earn
ings from operation, So .0423l: operat-
ing expenses, so. go. 63, leaving net in
come from operation of So. 121 .6S. In
come from other sources. $3.50. max
ing total income $a522S.6S. The de-
ductiuns from income are $l6,09l52,
leaving net income of s9,131.1G. A six
per cent dividend amounting to $4,000
was paid. leaving a surplus from
operations for year ending June 30.
1901, Of $3.131.1C. The roads deficit on
June 80, 1900 was s97lio.6S. which
leaves a deficit June 80, 1901. of $4,000
-. Tho total passenger earnings
were SIS, 105.0l, an increase of $lo2.9S
from last year. The total freight
earnings were $33,1SO.S2, an increase
Of si.l634f. The road employed IS
men and paid Si.,9G2.5l in wages, the
average daily compensation being
Sill. The number of passengers car
ried was s27.546. and the number of
tons of freight carried was 52,093, of
which 81 .9i1 tons We're lumber.
Phillips & Rangeley L. R.-Glo5s
earnings from operation, $30.oi6"O; op-
Grating expenses $25.216.l5; income
rom operation. i.-o0.75. The deduc-
tiuns from this of s13. ,02. i3 leave a de-
felt of 81. COL IS. which added to the de-
felt OF the previous year. makes the
total deficit on June 80. 1901. sSl 3'.29.
The total passenger earnings were Sl'.-
1880. an increase for the year of
sSdS.+3: total freight earnings, $li,IiI.26.
a decrease of s3s2l. 90. The road en-
ployed - men, paying them slS,0b4.4i.
an average Of $l.44 per day. This road
carried 1l.4l0 passengers and haul 81
12227 tons Of freight, of which 1888
tons were lumber.
Franklin & MeGantiC Railroad-GrCs IS
earnings from operation. 81 $40 cp-
Grating expenses. 33.l3S.19: leaving
deficit Of $l1g0S2 from operation. Other
deductions from income being the total
| deficit to S39S922. which added TO the
deficit of last year. makes total c.
| felt une 50. 1901. Of S10.1111.SS. The to-
tai passenger earnings We're $l0,G5S.56
an increase Of $19lS..1i for the year:
| total freight earnings. OPT. 2S9.4l, an A.
crease of s7a2I45. The road was &
! tended six miles from Carrabasset to
| Bigelow and put in operation dull lg
! ,h.. year. The road employed % ms n.
| having them S11,Sl9.30. an average Of
| 81 81 per day. In all. 12,6Si passengC rs
we're carried and - .oS1 tons Of freight
| hauled. of which 21.G,l tons were lum-
| per.
Somerset Railway-Gross income
from operation. 500 122.96: operating
expenses. s17.549O4; income from spec
ulation. s31 80. 80: deductions there
| from. SIS. 0O2 81. leaving deficit of $3j.-
| 42S. %. which taken from last year.
surplus. leaves a surplus. June 80. 1901,
| of Se7.315.23 The total passenger earn
| inss of the year We're S3O,9o2.39. an IN
crease Of Sl226.66: freight earnings. ST.
426. 81. an increase of $3244.5S. The road
| empIoyed - men. paying them S36,-
90 80. an average of $1.63 per day. The
road carried 30,661 passengers and 10
SIS tons of freight. No accidents hap
| rened for the year.
| Han { T. Chadbourne has returned
| from q trip to Fryeburg. where he at
| tended the fair. He visited +. A. Hast
| inrs. ESQ. and Councillor Gordon 5
camp and Friday, enjoyed duck an
ner AT Col. E. {. Farrington's camp,
kezai.
| COL y < Purinton attended the
| launching of the cruiser Cleveland at
Bath Saturday.
The following companies have filed
certificates of incorporation at the Of
! flee of the secretary of state:
| Peoria Mineral Co. organized at Au-
| eusta for the purpose of mining. smelt-
| ing and uuarrying. with Sl,00O,O0O cap
ital stock. Of which nothing is paid in.
| The officers are: President. F. l.. Dut-
| ron of Augusta: treasurer. NJ. i. Dut-
| ton of Augusta Certificate approved,
Sept. 81. 1901.
Union Development Co. organized at
| Saco. for the purpose of mining ana
reducing ores and minerals, with 81
oeo. eco capital stock, of which $40 is
paid in. The officers are: President
Edward s. Floyd Of Milton, Mass.
treasurer Frederick Z. French OF
Newton. Mass. Certificate approved
Sept. p. 1901.
international Electroytic Co. organ
lied at Portland for the purpose of
manufacturing and sell chemicals
and minerals of all kinds with $1.O00.ooo
capital stock. of which nothing is paid
in. The officers are: President. Geo. r.
Gould of Portland: treasurer. John F.
Pagan of Portland. Certificate APPROX
ed. Sept. p. 1901.
The Electric Gas & Fuel Co, organ-
lied at Kittery for the purpose of deal
ing in gas and electricity for powe:
light and heating purposes. with $500.
ooO capital stock. of which nothing Is
raid in. The officers are: President
Horace Mitchell of iKttery: treasurer
| William Fl. Cowan of Boston. Certlii-
cate approved. Sept y, 1901.
Dunlap Fountain K Amusement
90. organized at Saco for the purpose