Norwich bulletin., 1912-12-07
TAXATION OF PUBLIC
 SERVICE CORPORATIONS
Figures Given by State Board of Equalization for Express, Telephone and Railway Companies.

The following is statement of the taxation of public service corporations in eastern Connecticut for the year 1912, by the state of Connecticut, based on the reports received from such cor porations, as provided by the statutes and as determined by the board of equalization.
 Express Companies.
 Groton & Stonington Street Railway Co.--Gross receipts. $S,S79.7s; ? per cent. s177.6o.
 Telephone Companies.
 Co.-96,712 transmitters o $1.10, $1O6,- ss3.2O.
 Westerly Automatic Telephone Co., 120 miles wire O 35c, $42.00; 195 trans mitters Q $1.10. s214.5o; total $256.50.
 Street Railways.
 Groton & Stonington Street Railway Co.,, 900 shares common stock, O $80 $320, 100000; 1000 shares preferred stock. O $1oO, s2OO, ,0OO.O0; funded debt, $475. 100000; floating debt, $13,SO469; valuation for purpose of taxation, $1,- 00S,SO4.6s tax, 1 per cent, $10,0S8.05.
 New London & East Lyme Street Railway Co.-S00 shares common stock o 30 SO; 700 shares preferred stock e s25, $17 500; funded debt, $20o,o0O @ $75, $150.O00; floating debt, $233, ,4s313 o $50, $116,746.57 valuation for pur- pose of taxation. s2S4,246.57; tax, l per cent, $2,S42.47; less local taxes paid on property not used for railroad pur- poses, Se6; net tax. $2,776.47. Providence and Danielson Railway Co.-Total length. 26.O9 miles; in Con- necticut, 1.98 miles; outside Connecti- cut 24.11 miles; 10000 shares common stock at S10. $100.O0O; funded debt | $600,000 O $S5. $510.00o; valuation fol l purpose of taxation, $610000; valuation of portion in Connecticut for purpose of taxation, 1sS.2609, $46.293.60; tax, ] per cent, $462.94.
 Norwich and Westerly Railway Co., 1000 shares common stock O $5, $35,- 900; funded debt, s500.OOO O s75, $S75,- ! 900; floating debt, $3s5,O0O o s75 ' $296,250; total value of shares of cap- ital stock. and funded and floating debt, for purpose of taxation, $706,2 Less: Amount of capital stock, anG funded and floating debt account con. structien or permanent improvements of railroads outside the state and no part of this companys road, $54,- 024.S0. The actual cost of the acquisi ton of property held by this company l (other than it's railroad and its fran chises and it's real estate in this state not used for railroad purposes) in ac- cordance with the terms of Chapter | 2S3 of the Public Acts of 1911, $s20, 900 total deductions, $374,O24.S0; valuation for purpose of taxation, $332,225.20, tax, per cent. $3,322.25.
 Holland County Street Railway Co., 800 shares o s100. $500,000; valuation 1A i per cent, $500.
 Connecticut Co.-400,O00 shares O stock O $75, s3o,00O.000. Less: Tn, actual cost of the acquisition of prop | erty held by this company (other thar | it's railroad and its franchises and it | real estate in this state not used fol l railroad purposes) in accordance witt l the terms of Chapter 283 of the Publi, | Acts of 1911, $23S,655.45; valuation fo | purpose of taxation, $29,761, ,344.55; tax 1 per cent, $29T, ,e13.45; less local taxe paid on property not used for railroat | purposes, $5,Ses.ss; net tax, $292,24459 | Railroads.
 Norwich and Worcester-Total lengtl | 71.07 miles, in Connecticut 53.16 miles | outside Connecticut 17.91 miles. Share | preferred stock S0.000, owned by N. Y N. H. & H. R. R. s71. Number of share of capital stock for purpose of taxa ton 29.o29; 2s,02s shares perferre stock at 1s5, s5.660.e65; funded debt s1,20o. O0O-at ss2, $1,1o4.0O0, Total val us of ssares of capital stock, and fund i ed and floating debt. Tor purpose 0 taxation, s6,764,655; less amount o capital stock issued and funded deb account purchase of capital stock an bonds of steamboat company, 1,2S shares at s1s5. s261.S55; bonds, s2SO,0e at $s2, 57,600. Total deductions, S50S,
 955. Valuation for purpose of taxa
 ton, s6,255.7O0; valuation of portion i