The capital stock of this company authorized is 200 shares of $50.00 each; the amount outstanding is $6,000.00.

This company has no bonded indebtedness.

This company operates and conducts a telegraphic business between Put-in-Bay and Sandusky, Ohio, ha ving 23 miles of wire, 191⁄2 miles of which is submarine cable.

Western Union Telegraph Company.

(Organized April 1, 1851, under the laws of New York.)

The capital stock of this company consists of 1,000,000 shares of common stock, $99,817,100.00 of which is outstanding, upon which a dividend of 3% was declared during the year in the amount of $2,991,304.50.

The bonded indebtedness is as follows:

Amount of interest accruing on the above indebtedness during the year was $1,935,637.52.