Mason County History Companion

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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.