OFFICERS OF THE COMPANY, WITH LOCATION OF OFFICES. Date of annual meeting of stockholders, third Tuesday in September. We the undersigned, F. D. Underwood, general manager, and C. W. Gardner, auditor of the Minneapolis, St. Paul & Sault Ste Marie Railway Company, being duly sworn, depose and say that they have caused the foregoing statements to be prepared by the proper officers and agents of this company, and having carefully examined the same, declare them to be a true, full and correct statement of the condition and affairs of said company on the thirtieth day of June, A. D. 1888, to the best of their knowledge and belief. Signed, MINNEAPOLIS, ST. PAUL & SAULT STE MARIE RAILWAY COMPANY, By F. D. UNDERWOOD, C. W. GARDNER, Auditor. [R. R. SEAL.] Subscribed and sworn to before me, this nineteenth day of September, A. D. 1888. [NOTARIAL SEAL.] C. D. HAMMOND, Notary Public, Minneapolis. Received and filed in the office of the Commissioners of Railroads, this twentieth day of September A. D. 1888. E. S. WARNER, Secretary of Board of Railroad and Warehouse Commissioners. REPORT OF THE Minneapolis, Lyndale & Minnetonka RAILWAY COMPANY TO THE BOARD OF RAILROAD AND WAREHOUSE COMMISSIONERS OF MINNESOTA, FOR THE YEAR ENDING JUNE 30, 1888. HISTORY OF ORGANIZATION, CONSTRUCTION, LEASING AND CONSOLIDATION OF LINES NOW OPERATED BY YOU, AND STATUTES AUTHORIZING THE SAME. Date of charter, June 19, 1878. Is the charter a special act of the legislature, or was the company incorporated under the general laws of the state? Our road was incorporated under the general laws of the state. It extends from Bridge Square to Thirty-first street, with branches from Thirty-first Junction to Minnehaha Falls, Washburn Park and Hopkins, all in the city of Minneapolis. Have no leased lines. Has any change been made in the mileage of your road in this state during the past year; if so, give a detailed statement showing what changes have been made and how the present mileage is made up. Additional construction of road from Thirty-seventh street to Washburn Park, being 1.63-100 miles in length. Additional track constructed from Lake Calhoun to Lake Harriet, 1.08-100 miles. ROADS BELONGING TO OTHER COMPANIES OPERATED BY THIS COMPANY UNDER LEASE OR CONTRACT. None. Total length of above roads....... Total length of above roads in Minnesota....... Total length of above roads in other states or territories........ Number of miles steel rail entire line.......... Number of miles steel rail in Minnesota.. None. None. None. 17 All. Number of miles iron rail entire line Number of miles iron rail in Minnesota.......... 71 All. 3 ft. Total miles of road operated by this company.. Total miles of road operated by this company in Minnesota....... 244 All. 4 4 Same in Minnesota........... All. Miles of telegraph on line of road operated by this company.... None. None Number of telegraph offices in company stations...... None. Number of telegraph stations operated by this company.............................. Number of telegraph stations operated jointly by railroad and telegraph companies............................ None. None. What if any of these lines do business for the general public; give the earnings of such.............. None. BUSINESS ADDRESS OF THE COMPANY. Minneapolis, Lyndale & Minnetonka Railway Company, Minneapolis, Minn. DESCRIPTION OF ROAD. Date when the road or portions thereof were opened for public use: From Thirty-seventh street to Washburn Park, Sept. 1, 1887. The old books and records do not show when other branches were opened. CAPITAL STOCK, DEBTS, ETC. Capital stock authorized.......... COMMON STOCK ISSUED. ..$1,000,000 00 Stock subscribed by individuals and other corporations in cash.... $385,000 00 $385,000 00 All. Total common stock............... Proportion of stock for Minnesota....................... 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? Not applicable to this company. 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. Not applicable to this company. Has any stock been issued during the year? If so, how much and for what purpose? Not applicable to this company. To whom was such stock issued? Not applicable to this company. How much did the company realize from the sale of said stock? Not applicable to this company. DEBTS, ETC. BONDED DEBT. First mortgage bonds, due 1917; rate of interest 5 per cent......... Second and third mortgage bonds......... Total bonded debt..... FLOATING DEBT. Amount of debt not secured by mortgage. None. Proportion of debt, bonded and floating, for Minnesota All. Total amount of paid up stock and debt ........... Amount of stock and debt per mile of road...... Total amount of stock and debt for Minnesota. All. $620,000 00 None. 620,000 00 $1,005,000 00 41,020 40 Cost of all real estate used exclusively in operating the road.... 23,011 98 92,976 16. 985,645 17 40,230 41 All. 40,230 41 The value of all other property owned by the corporation......... 16,283 28 COST OF ROAD AND EQUIPMENT. Lot 14, block 4, Estabrooks addition, purchased of E. H. Steel, Lumber and labor in building waiting rooms and new platforms $439 98 2,861 28 New rails, material and labor in laying new track........ 22,380 14 |