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Mason County History CompanionOld Places Familiar Faces |
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ANNUAL 1889 M&O Railroad REPORT
OF THE
MASON & OCEANA RAILROAD
COMPANY,
For the Year Ending December 31, 1889.
[Filed February 1, 1890.]
OFFICERS OF THE COMPANY, WITH LOCATION
OF OFFICES.
President, HORACE BUTTERS, Ludington,
Mich.
Vice President, RICHARD G. PETERS, Manistee, Mich.
Secretary and Treasurer, M. F. BUTTERS, Ludington, Mich.
General Superintendent, MARTIN McDERMOTT, Ludington,
Mich.
Chief Engineer, CHAS. CRAWFORD, Ludington, Mioh.
DIRECTORS.
Horace
Butters, Ludington,
Mich.
M. F. Butters, Ludington, Mich.
Wm. H. Butters, Ludington, Mich.
Pat. O'connor, Ludington, Mich.
R G. Peters, Manistee, Mich.
Terms
expire January 9, 1891.
STOCKHOLDERS,
STOCK AND GENERAL OFFICES.
When chartered or articles of
association filed,-Aug. 9, 1886. □
Number of Stockholders at date of last election,
Number of Stockholders in Michigan at same date, -
Amount of full paid stock held in Michigan at same
date,
Date of annual meeting of Stockholders,- Second Monday in Jan.
Fiscal year of Company ends,-Dec. 31.
General offices of the Company are
located at Ludington, Mich. GENERAL EXHIBIT.
Debit. Credit.
Total income, - $39,599 80
Total expenses, including taxes, - -
£39,218 10
Net
income, - - $381 70
Dividends declared, .... - $7,413 76
Balance for the year, - - $7,032 06
Balance (profit and loss) last year,
.... 7,032 06
$7,032 06 $7,032 06
ANALYSIS OF CAPITAL STOCK.
Amount authorized by charter or
articles of association, - $150,000 00
Par value of shares, - - $100 00
No. of shares issued, - - 1,500 00
Amount paid in on common, ... $150,000
00
Total amount paid in, as per books of
the Company, - - 150,000 00
Paid in per mile of road owned by
Company,
-Miles ------- $5,555 55
ANALYSIS OF DEBT ACCOUNTS.
Funded debt, None
UNFUNDED DEBT.
For construction, $64,611 19
RECAPITULATION.
Total unfunded debt, $64,611 19
Total
debt liabilities, $64,611 19
Amount of debt liabilities per mile of
road (27 miles), - 2,393 00
Total amount of stock and debt, -----
$214,611 19
Stock and debt per mile of road (27
miles), - 7,948 56
GENERAL BALANCE SHEET.-Dr.
Construction account. ... - $164,375 22
Equipment account, - 47,035 97
$211,411 19
Other assets:
Materials and supplies. ... $3,200 00
3,200 00
GENERAL BALANCE SHEET.--Cr.
Capital stock, $150,000 00
Other liabilities (list as follows):
Due Butters & Peters S. &
L. Co., - - - - 64,611 19
Total,
$214,611 19
COST OF ROAD AND EQUIPMENT.
Total Cost for Construction and
Equipment of Road and Branches Built by Company.
Total expended for construction and
equipment, - $211,411 19 Average cost per mile of road, not included in sidings
(27
miles), ........ 7,830 04
CHARGES AND CREDITS TO PROPERTY DURING
THE YEAR
MAIN LINE.
New rail not used, - $5,480 39
Right of way, ........ 112 31
New buildings, - - 53 06
New fences, --------- 375 06
Machinery and tools, ------- 185 47
New cars, .......... 1,182 97
Total
charges, $7,389 26
Total charges to property account as
above, - $7,389 26
Property sold and credited, 4,500 00
Net
addition to property account, ... - $2,889 26
ANALYSIS OF EARNINGS.
PASSENGER EARNINGS.
Main lino and branches:
Local fares, ... $5,007 70
i
Total
passenger fares, ... $5,007 70
Mails, ------- 940 26
Total
passenger department earnings, - $5,947 96
Proportion for Michigan,
- - - $5,947 96
Per train mile, ----- 31 09
Per mile
of road, ----- 220 29
FREIGHT EARNINGS.
Main line and branches:
Local traffic, $33,651 84
Total
traffic, ..... $33,651 84
Total
freight department earnings, .... $33,651 84
Proportion for Michigan,
... $33,651 84
Per train mile, ----- 1 00
Per mile of road, 1,242 66
Total
transportation earnings, - - $39,599 80
Transportation earnings per mile of
road, - 1,466 66
Transportation earnings per train mile,
- 74
Total
earnings from operation of road, $381 70
Total earnings per mile of road, - - 14
14
Total earnings per train mile, ... 71
Proportion of taxable earnings for Michigan, 39,599 80
Total taxable earnings per mile of road in
Michigan, ------ 1,466 66
Total
income from all sources, ----- $39,599 80 Proportion of income for Michigan, .... 39,599 80
ANALYSIS OF EXPENSES.
Class 1.-Maintenance of Way and Buildings.
Repairs of road way and track, - -
$6,172 50
Renewals of ties, ------- 600 00
Repairs of bridges, including culverts
and cattle guards, - 896 00
Repairs of fences, road crossings and
signs, ... 296 00
Repairs of buildings, 349 38
Total, -
- - $8,313 88
Class 2.-Maintenance of Motive Power and Cars.
Repairs of locomotives, ------ $6,971
40
Repairs of passenger cars, 100 00
Repairs of freight cars, ------- 2,942
67
Total,
--------- $10,014 07
Class 3.- Conducting Transportation.
Fuel for locomotives, - $6,827 43
Water supply, - - 896 72 Oil and waste, ........ $89(5 50
Locomotive service, - -- -- -- - 5,300
00
Passenger train service, - 1,600 00
Passenger train supplies, ------ 460 00
Freight train service, 2,890 00
Freight train supplies, 3(52 75
Telegraph expenses (maintenance and
operating), - - 100 00
Damages- to property and cattle, - 207
82
Agents and station service, ------ fiOO
00
Total, -
• - $20,141 22
Class 4.-General Expense*. Taxes, $748 93
Total, -
$748 93
RECAPITULATION OF EXPENSES.
Per Ont
of
Maintenance of way and buildings, - -
21.19 $8,313 88
Maintenance of motive power and cars, -
- 25.54 10,014 07
Conducting transportation, - 51.36
20,141 22
General expenses, including taxes, ...
1.91 748 93
Total
operating expenses and taxes, - - 100.00 $39,218 10
Operating expenses and taxes per mile
of road, $1,452 52
Operating expenses and taxes per train mile
run, for trains earning revenue (53,360
miles), 73 Proportion of operating expenses and
taxes for
Michigan:
Main line, ------ 39,218 10
39,218 10
Percentage of expenses to earnings, -
(99)
Net earnings per mile of road, - - $1,4(56 66
Net earnings per train mile, - 74
DESCRIFIION OF ROAD.
Date when the road was opened for use
between its present termini:
From Buttersville to Stetson, January 20, 1888.
MAIN LINE.
Miles, lnOtlw. Miles. IWUlw.
In Michigan, from
Buttersville to Stetson, - - 27 00
Total
length completed, - - - - - - - 27 00
BRANCHES.
Main line to forest terminals, - -- --
7 00
Total length of branches owned by
company, - 7 00 MUee. Ioouw.
mm, toOths.
Total length of branches owned by
company in
Michigan, -------- 7 00
Total length of road belonging to this
company, - - 34 00
Total length of
road belonging to this company,
in Michigan, -
- - - - - - - 34 00
Aggregate length of tracks in Michigan belonging to this company, computed as single
track - - - 34 00
Gauge of track, 3 feet.
Total Mllec. In Michigan.
Total miles of road operated by the
company, - - 34 00 34 00
Number
of Bridges and Trestle* in Michigan. Wooden bridges, number of 3; Aggregate
length, feet, 450 00
Total, - - - 3; ----- - 450 00
Crossings-Railroad and Highway.
At what crossings are interlocking and
derailing switches
in operation? None. What pattern or
patterns have you adopted? None.
Number of crossings of highways at
grade in this State, 11
Stations.
Number of stations on whole line, -----
6 Same in Michigan, - - 6
Employes.
Number persons regularly employed on
all roads operated
by company,
including officials, ----- 40
Same in Michigan, -
-- -- -- - 40
Classify your employes as per following
list;
Number.
Brakemen, 7
Conductors,
- -- -- -- -- 1
Engineers, - -- -- -- -- 5
Firemen, 5
Laborers,
- -- -- -- -- 16
Shopmen, - -- -- -- -- 4
Yardmen, - -- -- -- -- 2
REPAIRS AND RENEWALS.
Fencing in Michigan.
How many miles of fencing have you? -
16 Give the number of miles required to complete fence both sides of your
track, in Michigan, and the counties in which
needed: ........ 11Road Bed and Track.
Number of track sections in Michigan, - 4
Average length of sections (miles),
----- 7
Average number of men in each section
gang, ... 4
Number of new ties put in whole line during the year, - 1,000
Number of new ties put in track in Michigan, - - - 1,000
Average number of new ties per mile of
road, - 37
ROLLING STOCK.
Present
XT.. i * i <r
Number of locomotives of 20 to 30 tons
weight,
exclusive of tender, ----- 3 $14,000 00
Number of locomotives of 10 to 20 tons
weight,
exclusive of tender, 1 2,000 00
Total,
------- 4 $16,000 00
Number of passenger cars-8-wheel,
including
official cars, ------- 1 700 00
Number of express and baggage cars, - -
1 500 00
Number of box freight cars, - 2 400 00
Number of platform cars, - 64 11,772 97
Number of log cars. 80 14,400 00
Other cars, ------- 11 2,850 00
Total, -
- - - - - - 173 $62,622 97
Number of locomotives equipped with
power
brakes, -------- 2
What patterns of power breaks have you
in use,
and number of locomotives and cars with
each? Ratchet hand chain and wheel.
Are your freight cars being equipped
with
automatic couplers as required by Act
No.
147, Session Laws of 1885? No. What
pattern or patterns have you adopted for
use? Link and pin. How are your
passenger cars heated? Coal
heater.
MILEAGE, TRAFFIC, ETC.
Train Mileage.
Miles run by passenger trains during
the year, . . 19,710
Miles run by freight trains during the
year, . . . 33,650
Passenger Traffic.
Numbers and M;]"
Rate.
Quantities. num. Dolg CgnUl,
Number of local passengers carried, .
10,670
Total number of passengers carried, .
10,670
Total passenger mileage, or passengers
carried one
mile, . - . . . . . . 149,380
Average distance traveled by each
passenger, . 14
Average amount received from each passenger, ... 47
Average rate of fare per mile for local passengers, . . 03
Average rate of fare per mile for all passengers, ... 03
Number of tons of local freight carried, 70,600
Total tons of freight carried, 70,600
Total mileage of local freight, . . .
1,412,000
Total freight mileage, or tons carried
one mile, . 1,412,000
Average ton haul for local freight, . . 20
Average ton haul for all freight, . -
20
Average amount received for each ton
haul, ... 47
Average rate per ton per mile, received
for local freight, 2.3
Average rate per ton per mile, received
for all freight, . . 2.3
Freight Forwarded at Michigan Stations.
Forwarded
. Tons.
Grain, .......... 572
Flour, . . 80
Provisions (beef, pork, lard, etc.), .
... 90
Animals, - . 10
Other agricultural products, . ... 5
Lumber and forest products, . - .
69,171
Coal, 5
Plaster, lime and cement, . ... 20
Salt, .... 45
Petroleum, .... 27
Railroad iron, iron and steel rails, 60
Other iron and castings, . ... 5
Stone, brick and sand, - 10
Merchandise and other articles not
enumerated above, 500
Total forwarded, . . . 70,600
Tonnage
of Articles Transported.-Entire
Road.
Tons.
Lumber
and forest products, . . . 69,171
'Tons.
Coal, . . . . 5
Blaster, lime and cement, . 20
Salt, - 45
Petroleum, . .27
Railroad iron, iron and steel rails, .
60
Other iron and castings, . 5
Stone, brick and sand, . . 10
Merchandise and other articles not
enumerated above, . . 500
Total
tons carried, . . . 70,600
ADDITIONAL QUESTIONS.
Express Companies.
What express companies run on your
road, and on what terms and what conditions as to rates, etc.; what kind of
business is done by them, and do you take their freights at the depot, or at
the office of such express companies?
None.
Telegraph.
Number of miles of telegraph on your
road, and to whom does it belong? 27 miles of telephone line belongs to road.
REPORT OF ACCIDENTS FOR MICHIGAN DURING THE YEAR 1889.
KILLED.
Jan. 11. Miss Anna Bushaw, school girl,
Fern, carelessness on her part; coroner's jury exonerated railroad from all
blame.
Nov. 2. Chas. Larson, brakeman,
Township of Crystal, purely accidental: coroner's jury returned verdict,
without fault of any person or persons.
Number of persons killed during the
year,
Number of persons injured during the
year,
Number of casualties purely
-accidental,
Number resulting from lack of caution,
carelessness, or
misconduct, .
Persons killed or injured while intoxicated,
Trespassers and tramps killed or injured.
Suicides,
CLASSIFICATION OF EMPLOYES.
2 1 1
State Of Michigan, I
County Of Mason, \ 8B'
M. F. Butters, Sec'y and Treas. of the Mason & Oceana
Railroad Company, being duly sworn, deposes and says that he has caused the
foregoing statements to be prepared by the proper officers and agents of this
Company, and having carefully examined the same, declares them to be a true,
full, and correct statement of the condition and affairs of said Company, on
the thirty-first day of December, A. D. 1889, to the best of his knowledge and
belief.
[l. S. Of R. R.] Signed, M. F. BUTTERS,
Sec'y M. & O. R. R. Subscribed and sworn to before me this 30th day of
January, A. D. 1890.
WM. H. BUTTERS, [l.
s. J Notary Public. ANNUAL REPORT.
Copyright 1998-2014 All Rights Reserved
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