PROPERTY LEASED OR OTHERWISE ASSIGNED FOR OPERATION. (For Roads not making Operating Reports.) Name of Railroad, the Income of Which from Lease or from Other Assignment for Operation is included in the income account. PROPERTY LEASED OR OTHERWISE CONTROLLED FOR OPERATION. (For subsidiary roads making either operating reports or financial reports.) Nature of agreement or controlling relation between the Company named and the Company by which it is operated or controlled, whether through lease, contract, or other agreement or through ownerhsip of capital stock. CHICAGO, BURLINGTON & QUINCY RY. The roads and property of the Chicago, Burlington & Quincy Railroad Company are leased to and operated by the Chicago, Burlington & Quincy Railway Company, a corporation of the State of Iowa under written lease for 99 years, dated November 20, 1901; the rental being payment by the lessee of all taxes assessed against the property, and other fixed charges, together with interest upon all outstanding bonds of the lessor, and sinking fund requirements and dividends upon the capital stock of the lessor at the rate of seven (7%) per cent annually. The General Balance Sheet and the Income Account are made in composite form and show the assets and liabilities of both Companies. OREGON SHORT LINE R. R. The Union Pacific Railroad Company owns $27,340,700.00 of the capital stock of this Company and thereby controls it. This Company, however, should not be treated as subsidiary to the Union Pacific Railroad Company, as this Company's property is managed by its own Board of Directors, and operated by its own traffic, operating and accounting officers. ALL OTHER ROADS CAPITAL STOCK AND FUNDED DEBT. Total Amount of Stock Amount of Dividends Issued and Outstanding Declared During Year Bonds Outstanding Montana Central Ry 5,000,000.00 350,000.00 10,000,000.00 3,500,000.00 2,000,000.00 155,000,000.00 27,460,100.00 10,850,000.00 8,238,030.00 294,280,100.00 720,000.00 156,080,000.00 720,000.00 Paid by C. B. & Q. 100,000.00 7,015,995.01 6,904,760.00 560,000.00 |