Documents of the City of Boston, Issue 43 |
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Page 24
It was clear to the Trustees that the old fund , if charged with losses existing prior to Public Control , would disappear early in 1919. As we see from the table on page 25 , below , the portion of retirements attributable to the pre ...
It was clear to the Trustees that the old fund , if charged with losses existing prior to Public Control , would disappear early in 1919. As we see from the table on page 25 , below , the portion of retirements attributable to the pre ...
Page 26
The information available to us makes it clear that the amount of this charge was arbitrary . The Trustees made no inventory or appraisal of the property of the system in order to find out what they had , its condition , how much it was ...
The information available to us makes it clear that the amount of this charge was arbitrary . The Trustees made no inventory or appraisal of the property of the system in order to find out what they had , its condition , how much it was ...
Page 64
These considerations make it clear , we think , that the Trustees are not officers of the Commonwealth in the sense that the Commonwealth has the power to control their acts , and is bound by them as it would be by the acts of an agent ...
These considerations make it clear , we think , that the Trustees are not officers of the Commonwealth in the sense that the Commonwealth has the power to control their acts , and is bound by them as it would be by the acts of an agent ...
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actual addition amount amounts charged analysis annual appears attributable authority balance Beeler began betterments Boston Elevated Railway capital cars charged the replacement charged to maintenance City of Boston clear Commonwealth Company completely consider considerable construction continued cost of service course created December 31 Deferred Maintenance deficit Department depreciation charge determine Elevated Railway Company entire equipment estimate examination excess existing on June expenditures expenses fact fares figure Finance Commission impairment increased June 30 limited losses ment months necessary occurring operating condition original paid past period physical plant possible powers prior private management problem projects proper charge Public Control question reason records rehabilitation replacement fund reserve result retirements road schedules seen shown situation stockholders Street taken tion track true Trustees yearly