Documents of the City of Boston, Issue 43 |
From inside the book
Results 1-3 of 10
Page 5
If the Trustees receive from fares , or from fares and deficits , the true costs of transportation furnished by them , of course the Elevated Road cannot increase in value under public control by reason of charges to cost of service .
If the Trustees receive from fares , or from fares and deficits , the true costs of transportation furnished by them , of course the Elevated Road cannot increase in value under public control by reason of charges to cost of service .
Page 25
... against the equity of the stockholders , because it is in fact an impairment of their equity which existed on June 30 , 1918 , by reason of the inadequate provision for depreciation made by private management prior to that date .
... against the equity of the stockholders , because it is in fact an impairment of their equity which existed on June 30 , 1918 , by reason of the inadequate provision for depreciation made by private management prior to that date .
Page 41
In view of the considerable additional impairment then existing , by reason of other factors such as deferred maintenance , we find that the common stock , par value $ 23,800,000 , had no value as of June 30 , 1918 .
In view of the considerable additional impairment then existing , by reason of other factors such as deferred maintenance , we find that the common stock , par value $ 23,800,000 , had no value as of June 30 , 1918 .
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
Common terms and phrases
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
Bibliographic information
| Title | Documents of the City of Boston, Issue 43 |
| Author | Boston (Mass.). City Council |
| Published | 1941 |
| Original from | the University of Michigan |
| Digitized | 3 Oct 2007 |
| Export Citation | BiBTeX EndNote RefMan |