Darius Hawkins.. R. Barrett. J. Lorrain.. W. H. Blewett. R. S. Norris. Executive Committee. D. Hawkins, President. R. Barrett. Wm. Blewett.. Galena, Ill. Galena, Ill. Galena, Ill. Galena, Ill. Galena, Ill. Salaries. None. None. None. R. Norris.. None. CAPITAL STOCK. Capital stock authorized by charter : Sec. 3 of charter: "The capital stock of said corporation shall be $100,000, which may be increased from time to time to any sum not exceeding the entire amount expended on said road." COMMON STOCK ISSUED. Stock subscribed by municipalities paid in bonds: None. A list of the stockholders at the last election of directors, showing the name, residence and amount of stock owned by each, must be filed herewith. [For list of stockholders see page 135 following this report] When and to whom was the original stock, owned by the Company, sold and what was the cash value realized by the Company for the same? The stock was paid by assessments from time to time, and the amount above was realized. If any stock has been issued since the original, state the date or dates when the same was issued, to whom issued, in what manner the same was paid for, and the cash value realized by the Company for the same. None issued. FUNDED AND UNFUNDED DEBT. Described severally all outstanding classes of bonds, including amounts, dates of issue, interest where and when payable. First mortgage bonds of the company dated October 1, 1872, 7 per cent interest, due in 20 years, gold; all sold in Galena except 11,000 in Wisconsin... Amount of debt not secured by mortgage. Bills payable..... Floating debts.. Total funded and unfunded debt..... Net cash realized from bonded debt, above described. 219 bonds $1,000 each, sold at 65 cts... Proportion of debt, bonded and floating.. COST OF ROAD AND EQUIPMENT. $219,000 00 46,700 33 891 02 266,591 35 $144,350 00 11 bonds. Cost of right of way, not all paid for.... $3,025 50 5,407 48 Cost of construction. 315,493 18 Cost of equipment... 27,107 72 All other items of expense for construction and equipment. Interest, exchange and discount on bonds.... 93,218 01 Total cost of entire line... 444,251 89 In this is the cost of running survey-lines to Muscada, Shullsburg, Madison, &c. ORIGINAL COST AND PRESENT ESTIMATED VALUE OF TOTAL PROPETRY IN THIS STATE, DESCRIPTION OF PROPERTY. Lands for depots, stations, etc as per schedule. All such lands in Wisconsin donated. Masonry, as per schedule.. Bridges, as per schedule,. Iron rail, 20 miles. Lbs. wt. per yard. Steel rail. Lbs. wt per yard. Freight stations and fixtures and furniture, as per schedule.. Engine and car shops, as per schedule Machine shops as per schedule... 1 tunnel. 3, (wood.) 35 lbs. None. Five. None. None. None. None. None. One. Two. (Doc. 15) Fencing.... Elevators, as per schedule. Engineering expenses before and during construction, on whole line Salaries of officers and agents essential during construction... struction Six miles. $17,662 40 None. $17,662 40 2 None. None. None. None. None. 10 19 5 As we have no engineer, and this being a home road, managed simply by men not accustomed to railroading, we have no one who can correctly answer these questions. We can only calculate that this road with side tracks is 31 miles long; 11 miles being in Illinois. This would leave 20.31 in Wisconsin. The cost of the whole line being about equal. CHARACTERISTICS OF ROAD. Length of main line of road from Galena to Platteville Aggregate length of tracks operated by this company, computed as single track... Aggregate length of sidings and other track not above enumerated. DOINGS OF THE YEAR IN TRANSPORTATION. 31 miles. 20 miles. 35 lbs. 30 miles. 1 mile. 3 feet. Flagmen, switch-tenders, gate-keepers and watchmen... 480 00 Station agents, one of the clerks acts at Galena, balance! receive no pay. 25 390 00 Section men... Other employees? We pick up laborers as we need them. In Wisconsin, 40. Number of miles run by freight and mixed trains per day, 60. EARNINGS DURING THE YEAR ENDING JUNE 30, 1875. Road not in operation at this time. |