Rate of interest, 8 per cent. on $2,500,000.

MANNER OF PAYMENT FOR CAPITAL STOCK.

Number of shares issued during year for cash-common.
Cash realized on amount issued during year...-------
Total number of shares issued.

30,000

100 00 3,000,000 00 200,000 00

5,000 579,100 00 30,000

FUNDED DEBT.

MORTGAGE BONDS, MISCELLANEOUS OBLIGATIONS, AND INCOME BONDS.

CURRENT ASSETS AND LIABILITIES.

CASH AND CURRENT ASSETS AVAILABLE FOR CURRENT LIABILITIES ACCRUED TO AND
PAYMENT OF CURRENT LIABILITIES.
INCLUDING JUNE 30, 1892.

COST OF ROAD, Equipment, and permanent IMPROVEMENTS.