File:Report of the Commission Appointed to Inquire Into the Affairs of the Grand Trunk Railway (1861) (14738256506).jpg

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Identifier: b248754 (find matches)
Title: Report of the Commission Appointed to Inquire Into the Affairs of the Grand Trunk Railway
Year: 1861 (1860s)
Authors: Canada. Commission Appointed to Inquire Into the Affairs of the Grand Trunk Railway Langton, John Grant, Jutus Lewis Trudeau, Toussant
Subjects: Grand Trunk Railway Company of Canada Railroad companies Compagnies de chemin de fer
Publisher: Quebec : S. Derbishire & G. Desbarats
Contributing Library: Archives of Ontario/ Archives de l'Ontario
Digitizing Sponsor: Ontario Council of University Libraries and Member Libraries

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Accounts Stores and Fuel Sundry Debtors Sundry Disbursement Accounts Total Assets Discount $2,197,783 77 Less Premium and transfer fees 333,370 54 1,864,413 23 Preference Capital Expense Account 81,259 04 Exchange and Commission 126,558 07 Charges on Revenue Balance to January 1858 4,037,382 13 Do. do. to June 1860 7,111,322 70 Total Deficit $ cts.55,293,288 23236,250 00154,032 11400,000 00763,028 13467,163 06119,552 8479,077 03 57,512,391 40 13,220,935 1770,733,326 57 25 REVENUE. Cr. Balance at Credit of Revenue Account, January 1, 1858 $872,771 29 Less Amount accrued before January, 1858, upon Sundry Accounts now closed by charging to JRevenue 11,432 91 Balance. Balance cts. 861,338 384,037,382 13 4,898,720 51 7,111,322 70 7,111,322 70 BALANCES. Share and Debenture Capital.. Loans from Bankers, &c Bills Outstanding Interest overdue Rents overdue Sundry Creditors Sundry Disbursement Accounts $ cts. 60,088,966 43 6,819,848 15 2,475,572 79 531,683 33 81,721 71 39,111 81 696,422 35
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Liabilities $70,733,326 57 26 The whole of this amount, however, has not accrued since January, 1858, butonly $44,964.01, leaving 11,432.91 on account of previous years. The twoitems for ground rent Quebec and Richmond, and Pointe Levi lease, whichare included in this amount, are properly charged to Revenue, but theyform only a small portion of the whole amount actually paid. The Com-pany pays annually about $10,000 for ground rents and interest on instal-ments due on lands purchased. These small balances are unaccountablyleft in the Ledger, but the rest has been charged, upon no fixed principleapparently, part to Revenue, part to Capital and part to the General InterestAccount. The following Accounts belong to capital: Paid to Provincial Agents for Three-Rivers and Artha- baska Road and subsidiary lines $736,995 83 Port Hope Railway Junction 4,013 56 Union Station Toronto 539 76 Montreal extension 751 96 Total 742,301 11 We have endeavoured to prepare a Statement of the affairs of th

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