Documents of the City of Boston, Issue 43 |
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Page 2
The conclusions sought were , and are those , and only those , which have a fundamental bearing on the present situation of the Boston Elevated Railway Company . In the vast mass of statutory , legislative , accounting , and other ...
The conclusions sought were , and are those , and only those , which have a fundamental bearing on the present situation of the Boston Elevated Railway Company . In the vast mass of statutory , legislative , accounting , and other ...
Page 63
Something must be said about the legal situation created by the act , and the nature of the legal position of the Trustees . There seems to be a somewhat widely held opinion that the Trustees are officers of the Commonwealth .
Something must be said about the legal situation created by the act , and the nature of the legal position of the Trustees . There seems to be a somewhat widely held opinion that the Trustees are officers of the Commonwealth .
Page 64
Added to this is the fact that situations are contemplated in the act itself in which it would be the duty of the Trustees to proceed against the Commonwealth . For example , if they report a deficit to the treasurer and receiver ...
Added to this is the fact that situations are contemplated in the act itself in which it would be the duty of the Trustees to proceed against the Commonwealth . For example , if they report a deficit to the treasurer and receiver ...
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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