ROAD OR TRACKS ACQUIRED BY RESPONDENT THROUGH LEASE OR OTHER AGREEMENT.

ROAD ACQUIRED BY RESPONDENT THROUGH LEASE OR OTHER AGREEMENT-CONCLUDED.

99 yrs.from Jan. 1,1893 For 10% on capital stock, interest on funded debt and organization expenses.

For 5% on preferred stock, 1% on common stock, interest on
funded debt and organization expenses.

For the sum of $15,400 per annum.
For 4% on capital stock first two years-5% next two years-
6% thereafter. Interest on funded debt and organization
expenses. Further agrees to assume 20% of the bonds at
maturity and 20% of each subsequent reissue.

99yrs.fromMay 15,1883 For 41% on capital stock.

99 yrs.from Dec. 1,1874 For 7% per annum on cost of construction not to exceed
$750,000.
50 yrs.from Sept.1,1887 For 10% on capital stock, interest on funded debt and or-
ganization expenses.

*The Horn Pond Branch Railroad (0.59 mile) is a short freight spur operated by our Company principally for the transportation of ice for the Boston Ice Company at Horn Pond, Woburn, Mass., that company owning all of the capital stock of the Horn Pond Branch Railroad. There is no written lease or contract under which our company operates this spur, but only a general understanding that we perform the transportation service and maintain the track in return for which we receive the revenues.

ROAD OR TRACKS ASSIGNED TO ANOTHER CARRIER THROUGH LEASE OR OTHER AGREEMENT.

The Newport and Richford R. R. was leased June 8, 1881, by the Connecticut and Passumpsic Rivers R. R. Co., owners of the entire capital stock, to the South Eastern Ry. Co., since reorganized as the Montreal & Atlantic Ry. Co. for a term of 99 years at a rental of $18,000 per annum.

The Boston and Maine R. R. lessees of the Connecticut & Passumpsic Rivers R. R. Co., collect this rental, from which is paid the interest on the bonds of Newport & Richford R. R. Co., amounting to $17,500 per annum, the balance $500 being retained by the Boston & Maine R. R. under the terms of the lease of the Connecticut & Passump sic Rivers R. R. Co.