Page 78. Page 80. LANDS-CONGRESSIONAL GRANTS. 1-State the number of acres of land your company has already received from the congressional grants. 2-State the number of acres yet to enure to your company from congressional grants. 3-State the average price at which these lands have been sold or con tracted by the company. 4-State the number of acres sold. 5-State the amount received from sales. 6-State the amount unpaid on outstanding contracts. 7-State the gross amount received from sales, contracts, forfeited contracts, etc., up to June 30, 1890. 8-State the amount expended in sale and management of lands. 9-State the amount of taxes paid on lands. 10-State the amount realized from the sale of lands above the expenses incurred in the management and taxes. 11-The cost and actual present cash value of road and equipment, including permanent way, buildings and rolling stock, all real estate used exclusively in operating the road, and all fixtures and conveniences for transacting its business. 1-What provision, if any, has been made by this road for the payment of its funded debt? 2-What station houses, stock yards, or other terminal facilities, does this road use for which it pays a rental? Name the parties to whom such property belongs. 3-Name all the associations to which this road is a party, whose object is the regulation or control of passenger or freight traffic. 4-Name all the companies commonly called Fast Freight Lines, of which this road is a member, or which operate over the line of this road. No answers were received to the above list of questions. HISTORY. Name of common carrier making this report: Chicago, Burlington & Kansas City Railway Company. Date of organization: August 16, 1881. Under laws of what Government, State or Territory organized? If more than one name all; give reference to each statute and all amendments thereof: In Iowa under authority of Iowa Code, chapter one of title nine, and chapter five of title ten. In Missouri Revised Statutes (1879), articles one and two of chapter twenty one. If a consolidated company, name the constituent companies. charters of each, and all amendments of same: Give reference to It is a consolidated company. The following are the names of the constituent companies: Chicago, Burlington & Kansas City Railway Company of Iowa, and the Kansas City, St. Joseph & Burlington Railway Company of Missouri. The constituent companies were organized under the general laws of the States of Iowa and Missouri. Copies of their charters and of all amendments are filed with the Secretaries of States of Iowa and Missouri, and reference can be had thereto. Date and authority of each consolidation: August 16. 1881. The authority for consolidation is found in the statutes above referred to. If a re-organized company, give name of original corporation, and refer to laws under which it was organized: It is a re-organized company. The name of the original corporation was the Burlington & Southwestern Railway Company, which was organized under the laws of the State of Iowa above referred to. Re-organized after sale under foreclosure of mortgages. The original corporation which executed the mortgages foreclosed was the Burlington & Southwestern Railway Company, which was organized under the laws of Iowa, July 12, 1871. Date of last meeting of stockholders for election of directors: Give post-office address of general office: 1. Amount of stock issued for dividends on earnings 2. Amount of stock per mile of road, including equipment. 3. Amount of stock representing road in Iowa 4. Amount of stock held in Iowa... Manner of payment for capital stock: 80,000 80,000 44,201.34 3,432,675.28 500.00 The terms of the re-organization included issuance by the new company to the purchasers of the road, at foreclosure sale, of stock to the amount of $8,000,000.00. The amount of stock outstanding of the original corporation at the date of the sale of the road was $1,793,000.00, and the amount of bonds 84.468,622.00, all of which was retired or wiped out by the foreclosure. No stock has been issued except that for the purchase of the property. No. of shares issued during year. issued during|| Cash realized on amount year. Total number of shares. Total cash realized. DIVIDENDS DECLARED Rate. Amount. CURRENT ASSETS AND LIABILITIES. CASH AND CURRENT ASSETS AVAILABLE FOR PAYMENT OF CURRENT LIABILITIES. CURRENT LIABILITIES ACCRUED TO AND INCLUDING JUNE 30, 1890. FOR MILEAGE OPERATED BY ROAD MAKING THIS REPORT (TRACKAGE RIGHTS EXCLUDED), THE OPERATIONS OF WHICH ARE INCLUDED IN THE INCOME ACCOUNT. ITEM. COST OF ROAD, EQUIPMENT, AND PERMANENT IMPROVEMENTS. Grand total cost construction, equipment, etc. Total cost construction, equipment, etc., State of Iowa. *No permanent improvements included in operating expenses, 50.00 319.578 3,364 52 319.57 3,414.52 Total cost to June 30, 1889. Total cost to June 30, 1890. Cost per mile. |