Walker's Manual of Western Corporations Volume 1914 (Paperback)

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1914 Excerpt: ... & Pacific Grove Ry., which owns and operates 5% miles of electric railway from Del Monte through Monterey to Pacific Grove. Company also owns water system of Salinas and supplies water and electricity to King City and vicinity, having acquired the property of King City Water, Light & Power Co. Officers--C. N. Black, Pres.; H. F. Jackson, Vice-Pres. & Gen. Mgr.; Geo. W. Bacon, Vice-Pres.; F. J. Blanchard, Sec. & Treas. & Aud. Directors--Geo. W. Bacon, C. N. Black, Warren Gregory, H. F. Jackson, Frank Kennedy. Head office, 58 Sutter St., San Francisco. Capital. Authorized. Outstanding. Shares--Preferred 7%, $100 $2,000,000 $2,000,000 Common, $100 3,000,000 3,000,000 Note--Preferred Stock is cumulative from July 1, 1913, and redeemable al 110. Earnings--Year Ended Dec. 31. 1912. 1913. Operating Revenue $ 139,619 $ 220,682 Operating Expenses 83,875 132,014 Net Operating Revenue $ 55,744 $ 88,668 Non-Operating Revenue 1,557 7,213 $ 57,301 $ 95,881 Interest and Other Charges 38,691 58,985 $ 18,610 $ 36,896 Balance from Previous Year 18,610 $ 55,506 Additions 5,895 $ 61,401 Other Deductions 2,268 Balance $ 59,133 BALANCE SHEET, DEC. 31, 1912-1913. Assets. 1912. 1913. Fixed Capital $5,657,570 $5,682,100 Cash 57,702 2,619 Accounts Receivable 3,000 68,892 Investments 216,901 Discount on Stocks and Bonds 54,725 Other Assets 292,992 37,730 Total Assets $6,011,264 $6,062,967 Liabilities. Capital Stock $5,000,000 $5,000,000 Funded Debt 823,000 901,000 Loans and Notes Payable 67,000 AccountB Payable 78,212 51,993 Reserves 2,152 Other Liabilities 24,442 48,689 Surplus 18,610 59,133 Total Liabilities $6,011,264 $6,062,967 BONDS. Coast Valleys Gas & Electric Company 1st Mortgage 6% Gold. Income Tax Not Deducted. Dated Mar. 1, 1912. Callable at 105 an...