Documents of the City of Boston, Issue 43 |
From inside the book
Results 1-3 of 22
Page 4
Plainly it required that the management of the road be taken out of the hands of private directors responsible only to the stockholders . If the public was to pay the bills , it must be assured of a management in some sense responsible ...
Plainly it required that the management of the road be taken out of the hands of private directors responsible only to the stockholders . If the public was to pay the bills , it must be assured of a management in some sense responsible ...
Page 7
... under Public Control , the stockholders , of course , have obtained the benefit , because under the Act they retain ownership of the road . But , as we saw above , the value of the road cannot possibly be increased out of the cost ...
... under Public Control , the stockholders , of course , have obtained the benefit , because under the Act they retain ownership of the road . But , as we saw above , the value of the road cannot possibly be increased out of the cost ...
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 ...
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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