Report of the Special Committee Appointed to Investigate the Relations Between Cities And Towns And Street Railway Companies. February, 1898
The book Report of the Special Committee Appointed to Investigate the Relations Between Cities And Towns And Street Railway Companies. February, 1898 was written by author Adams, Charles Francis, 1835-1915 Here you can read free online of Report of the Special Committee Appointed to Investigate the Relations Between Cities And Towns And Street Railway Companies. February, 1898 book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Report of the Special Committee Appointed to Investigate the Relations Between Cities And Towns And Street Railway Companies. February, 1898 a good or bad book?
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To this are to be added miscellaneous items, which make the amount of earnings for the year 8,305,000 M. ($1,993,200), applied in the following way: 61,050 M. ($14,652) to the payment of interest on borrowed money; 518,002 M. ($124,320) to the payment of interest on bonds ; 1,875,944 M. ($450,226) for depreciation, including the amounts necessary for the sinking fund to retire the bonds ; 50,000 M. ($12,000) to the pension fund for employees ; 600,000 M. ($144,000) to the renewal funds, accordi...ng to the terms of the by-laws ; and a payment of 1,583,810 M. ($380,114) to the city of Berlin, made up as follows: 1,346,668 M. ($323,200) as the payment of 8 per cent, on the gross receipts, as provided for in the contract, and 237,142 M. ($56,914) for rental of pavement. These items left as a surplus 3,616,194 M. ($867,888), of which 3,206,250 M. ($769,500) was paid out as a dividend of 15 per cent, on the capital stock, leaving a balance of 409,944 M. ($98,388), from which a percentage was allowed to the directors, employees and management amounting to 309,311 M.
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