Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1902-09-30
Fish and Game Commissioners Have
Regular Monthly Meeting.

Railway for the year ending June 80.
1902:
GENERAL EXHIBIT
Gross transportation earnings, $50 49, o.
lOthef earnings, 5455. );
Total, So SS7. IS
II operating expenses 63173. sc
Gross income, s2,7l4.o2
| Interest on funded debt ana
II taxes. II 100 n,
1892 $685. 6s
! oehclt June ~, 1871, 69i.S
| Total deficit June 80. 1902 s90sO. 10
Instead of returning IA schedule of
assets and liabilities the company re-
ports as follows:
| 1T is impossible to determine cor
| rect data of assets and liabilities of the
| Bangor Street railway separate from
| the other companies composing the
Public Works Co. The Public Works
| Co, Penobscot Water & Power Co.
| Brewer Water Co, Bangor Electric
| Light K Power Co. and Bangor Street
/ Railway assumed all liabilities and
paid all Indebtedness of the several
united companies
| The capital stock is 100000 of which
| S114000 is held in Maine by 3 of the u
| stockholders.
| Number of passengers carried during
| the year. 1,20S.216; number carried per
mile of track, 111.S7l; number of car
miles run. 346,574.
/ The company owns II box and IS
open cars and snowplows
The total length of main track is 10 >
/ miles. with g mile of sidings and
switches. The General Electric Cos
system of electric motive power is
| now used.
II The company employs 81 persons and
the daily wages range from $3.50 to
$l.64.
i The directors are Charles F. Wood
ard. Jas. Fl. Cutler and Jas. w. Cart
wright. Jr. The officers are: President
| Charles f. Woodland; treasurer and
clerk. Jas. II. Cutler; auditor, F. d.
| Oliver: Superintendent of operation
w Fl. Snow; superintendent of con
struction. j. Fl. Green.
| The following is a summary of lie
Bangor. Orono & Old Town Railway
Co. for the year ending June 50. 1902:
GENERAL EXHIBIT.
Gross transportation earnings, s51. Us
| other earnings 5000
| Total $57. $50. as
| Operating expenses. 65.223.3J
| Loss from operation, $l.543. -
| Interest on debts and taxes. 1890. l.
Deficit for year ending June 80.
| 1902. Sl',S52.yl
Deficit June 80. 1891. 2o,O26. 81
| Total deficit juno 20. 1892, s37.S19.5G
ASSETS.
| Cost of railway and equipment, $265.Sl5.S1
| Cash ana current assets, 2i,92I.I!
| Material and supplies 96.Hl
| Total assets. $-9l. 5000
| LIABILITIES
| Capital stock. common, $l25.000 %
| Funded debt. 123tOO~
| Loans and notes payable. 1S,5s906
| Interest accrued and not yet due. 2llJ5
Total liabilities. $32S. $50 Il
| The capital stock authorized by law
is $3.50. 900. one-half of which is issued.
There are - stockholders. of which
| number Go are located in Maine.
The funded debt consists of $4,000 20
wear 8 per cent. gold bonds. due
March /. 1915, redeemable after March
II. 1908 ut 1O5 ard accrued interest
4
| S4S. carried per mile of railway. 74,6l1:
car miles run. BOSSES.
The net addition Of property ac-
counts for the year amounted 70 5000
81.
The company owns box cars. open
| cars work car. snowploWs ana l
| -four wheel road machine.
| The length of the road is 49, miles,
| nf
switches. The road runs through Pan
eo,. yeazie. Orono and Old Town. Sys-
TEN of electric motive power used by
the company. General Electric Co. and
WESTINGHOUSE The number of en-
| plovees averages 50 and the wages paid
range from a. cents. to $500 a day.
The directors are Egerton r. Burpee,
lanes II. Cutler. Charles d. Stanford,
lanes w. Cassidy. Bangor, Geo. L.
Sewaii. ]. Fred Webster. Old Town, A.
In Durcin. Orono The officers are;
| President. general manag ger and treas
urer. James H. Cutler; clerk. a. }.
| nurgin auditor F. ID. Oliver; super
| ,ntepdent of operations. w. IL. Snow;
superintandent of construction, Jas. ii.
Green
The following is summary of the
renort of the Bangor. Hampton ana
lwinterport Railway for the year end
ling June so. 1902:
GENERAL EXHIBIT.
Gross transportation earnings - - -
Other earnings. lisbon
| SIG ISL %
onat;. axnanses - $50. 20
1o.,, i,come S4o4I. -
4 80 ,i taxas III IS