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Passenger trains are equipped with Westinghouse automatic brake and Miller patent coupler; freight cars have the ordinary link and pin connection and common brake. Lorenz stub switches used on all standard gauge line except in yards, where stub switches are used stub switches used only on the narrow gauge.

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MISCELLANEOUS STATISTICS.

Cost of real estate now neld by company, exclusive of that used in opera

tion

Total assessed value of real estate and personal property of company.

Railroads crossing road at grade..

Railroads crossing road over or under grade....

Highway crossings at grade without protection...

Highway crossings at grade protected by gates or flagman.

Entire line all in N. Y. State.

$30,357 00203,008 00

3

3

89

1

8

3

Highway crossings over or under grade

Overhead obstructions less than twenty feet above track

Passenger cars are heated by coal stoves, lighted by oil lamps, and ventilated by elevated deck.

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DIRECTORS OF THE COMPANY.

Name.

ARCHER N. MARTIN

GEO. D. CHAPMAN

FRANK JENKINS

CLINTON R. WERDEN
CHAS. E. KIMBALL
OLIVER WATSON ..
A. W. MINER.

M. S. BLAIR..

J. NELSON BORLAND, JR.

SILAS H. WITHERBEE..
FRANK S. SMITH

Title of company, Lackawanna and Pittsburgh Railroad Company.
General office at Angelica, N. Y.

Date of close of fiscal year, September 30.

Residence. Summit, N. J. Angelica, N. Y. New York city. Providence, R. I. New York city. New York city. Friendship, N. Y. Angelica, N. Y. New York city. New York city. Angelica, N. Y.

For information concerning this report, address M. S. Blair, Auditor and Assistant Treasurer.

LACK

LACKAWANNA AND PITTSBURGH.

REPORT OF GEO. D. CHAPMAN, RECEIVER

SEE ALSO REPORT OF COMPANY.

(Date of charter, June 1, 1883.)

On the 8th day of December, 1884, in pursuance to an order of the Supreme Court of the State of New York, in an action wherein The People of the State of New York are plaintiffs, and the Lackawanna and Pittsburgh Railroad Company, and The Mercantile Trust Company are defendants, the railroad and property of the Lackawanna and Pittsburgh Railroad Company was transferred to George D. Chapman.

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Locomotives Nos. 21, 32 and 43, cash payments on account of purchase of

same.....

Grand total of expenditures by Receiver, account of cost of road and equipment....

4,635 50

$9,111 79

DETAILS OF ADDitions and Betterments during the Year. The Receiver has purchased during the current year three locomotives, on which the cash payments have aggregated

$4,635 50

INCOME ACCOUNT FOR YEAR ENDING SEPTEMBER 30, 1886.

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Taxes on earnings

$8,820 98
224 36

Interest, temporary account, to be closed into interest ac

coun' on Receiver's certificates...

Deficit for year ending September 80, 1886..

2,829 00

6,874 34

$24,733 79

GENERAL INCOME ACCOUNT.

Deficit for year ending September 30, 1886, as shown...
Deficit up to September 30, 1885

$24,733 78

42,072 63

Total deficit September 30, 1886

DETAILED STATEMENT OF RENTALS.

Hotel Lackawanna at Canaseraga, N. Y., title in F. S. Smith, trusteeleased to Geo. M. Fox at an annual rental of

Five small houses and lots in the village of Canaseraga, N. Y., title in F. S. Smith, trustee- amount of rent received from same during the current year

Total amount of rentals deducted from loss, as shown

ANALYSIS OF GROSS EARNINGS AND OPERATING EXPENSES.

$66, 806 41

$300 00

302 50 $602 50

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Computed on earnings from carrying passengers and freight only. Average rate received per mile for carrying passengers, all classes.. Average rate received per mile per ton for carrying freight, all classes..

MISCELLANEOUS STATISTICS.

2399

Local, cents.

2.98 *3.268

The American Express Company ran over this line to May 15, 1886, at first class freight rates from and to terminal points, and one-half the same rates between all other points. Since May 15, the United States Express Company has occupied the road under contract. One Pullman's Sleeping Car is run each way daily between Wayland and Olean, over the tracks of the Buffalo, New York and Philadelphia Railroad Company, between Belfast Junction and Olean by virtue of special contract with that company; this car commenced running May 15, 1886, at the contract rate of three cents per mile.

Five hundred and twenty-seven dollars and fifty-seven cents is per year paid to Pullman's Palace Car Co.

Compensation for transportation of mails, is based on the weight of mails carried.

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Average number of persons employed (including officials) during year
Aggregate amount of salaries and wages paid them, during year..

OFFICERS OF THE COMPANY.

Name.

GEO. D. CHAPMAN..

WM. H. BADGER

M. S. BLAIR...

1

122

$41, 666 16

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