McGraw Electric Railway Manual: The Red Book of American Street Railways Investments ..., Issue 14 (Google eBook)

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McGraw Publishing Company, 1907 - Street-railroads
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Page 159 - A" Common Stock, the deficiency shall be fully paid, but without interest, before any dividend shall be paid upon, or set apart for the Class "B
Page 48 - Bo?rd of Supervising Engineers created under the ordinances. The Board of Supervising Engineers is to consist of three persons, one selected by the Companies and one selected by the City, and the third to be Mr. Bion J. Arnold, who has been the expert engineer representing the City of Chicago in traction negotiations during the past five years. Mr. Arnold is also selected as Chief Engineer in charge of the preparation of the plans and specifications for the entire work of rehabilitation and of the...
Page 50 - Paso for an injunction, it was alleged, among other things, that if certain bonds were issued, the complainant would be compelled to pay taxes on its property for the interest on the bonds and to provide a sinking fund for the principal thereof, but the amount of the tax that would...
Page 229 - City of or its suburbs or in territory adjacent thereto, and corporations engaged in furnishing or organized to furnish electricity for any lawful purpose, or power in any form for use upon or which may be used upon street railroads or other railroads...
Page 48 - The net profits from the operation of the street railways are to be divided between the city and the companies in the ratio of fifty-five per cent to the city and forty-five per cent to the companies. The ordinances...
Page 49 - City Railway system, in each year, after the third year. The Companies also agree, under certain conditions named in the ordinances, to construct whatever additional extensions ma.y be required by the City Council. The Companies agree, upon demand of the City and at the City's option, to furnish funds, to the amount of $5,000,000, for the construction of a central subway, to be built and owned by the City, the plans for which are to be approved by the Board of Supervising Engineers. The Companies...
Page 242 - Part of this amount is for the purpose of taking up the several issues of prior bonds of the New York Elevated Railroad Co. and the Metropolitan Elevated Railway Co. 1 Paid by 1е,чяее. ' " Including bonds issued to retire Metropolitan Elevated Railway first mortgage bonds dup July 1, 1908, of which there were »13,000 unpaid June 30, 1914.
Page 49 - ... Board of Supervising Engineers. The Companies also agree to furnish to the City the funds for the construction of extensions to this subway, on the terms stated in the ordinances. The Chicago Railways Company agrees to lower and reconstruct the tunnels under the Chicago River, at Washington, La Salle and Van Buren streets. The City is also authorized to require the installation of the underground trolley system, in place of the overhead wires. The capacity of the surface lines within the loop...
Page 48 - ... railway system and its equipment, the Companies are obligated to supply additional funds for these purposes. The ordinances provide for a comprehensive system of transfers and through routes, by means of which passengers can ride over all connecting lines, within the city limits. covered by the Chicago Union Traction system, the Chicago City Railway system, the Chicago Consolidated system and the Chicago General Railway system, for a single fare. in any one general direction. Twenty-one through...
Page 243 - The ist mortgage convertible 4^ gold bonds are in both coupon and registered form, in denominations of $ 1,000, etc. Coupon bonds may be registered as to principal or exchanged for fully registered bonds ; registered bonds may be re-exchanged for coupon bonds. The bonds are convertible on any interest date on or after February i, 1912, at par into common stock at...

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