Documents of the City of Boston, Issue 43 |
From inside the book
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Page 9
As a result of this we were convinced that the questions we have stated could not , from their very nature , be answered by resort to this material alone . What was needed was not merely an analysis of the accounts as filed .
As a result of this we were convinced that the questions we have stated could not , from their very nature , be answered by resort to this material alone . What was needed was not merely an analysis of the accounts as filed .
Page 24
The result was a great impairment in the equity of the stockholders . If this accountants ' estimate of 1918 is correct , it follows that the common stock , having a par value of $ 23,800,000 , was worth , in fact , over $ 22,000,000 ...
The result was a great impairment in the equity of the stockholders . If this accountants ' estimate of 1918 is correct , it follows that the common stock , having a par value of $ 23,800,000 , was worth , in fact , over $ 22,000,000 ...
Page 44
“ It would seem desirable , however , that the results of the operations be shown before these extraordinary charges are deducted from the earnings and we would therefore suggest that the current expenses , usual operating charges and ...
“ It would seem desirable , however , that the results of the operations be shown before these extraordinary charges are deducted from the earnings and we would therefore suggest that the current expenses , usual operating charges and ...
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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 |