| Old securities in amounts of | To be exchanged for | |||||
|---|---|---|---|---|---|---|
| Prior Lien Bonds | 1st Pref. | 2d Pref. | Com. Stock | |||
| 1st mortgage, | $5,000 | $1000 | $500 | $100 | $750 | |
| 2d mortgage, | 500 | 100 | ||||
| 3d mortgage, | 1,000 | 100 | ||||
| Pref. Stock, | 6,000 | 100 | ||||
| Com. Stock, | 10,000 | 100 | ||||
[151] Capital Stock—
| Before reorganization | Common | Preferred | |
|---|---|---|---|
| Erie, | $77,837,000 | $8,536,600 | |
| N. Y., P. & O., | 34,999,350 | 10,000,000 | |
| $112,836,350 | $18,536,600 | ||
| After reorganization | |||
| Erie, | $100,000,000 | $46,000,000 | |
| Nypano, | 20,000,000 | ||
| $120,000,000 | $46,000,000 |
[152] This real rental was increased somewhat by the assumption of New York, Pennsylvania & Ohio prior liens.
[153] Chron. 61:831, 1895.
[154] Capital—
| Stock | Bonds | ||
|---|---|---|---|
| 1896 | $146,000,000 | $137,704,100 | |
| 1907 | 176,271,300 | 209,633,900 |
[155] Calculated. Poor gives the figure of 340.3 miles of track. In 1867 the miles of track were reported as 418.1, and the miles of line as 147, the latter being 35.1 per cent of the former. Supposing the proportion to have been the same in 1862, to 340.3 miles of track there would have been 119.4 miles of line, which, divided into a capital of $23,094,829, gives $193,417.
[156] Annual Report, 1881, p. 63.
[157] Industrial Commission, vol. 19, p. 445. Area of fields as given in Annual Report for 1881 was: Schuylkill, 146 sq. miles; Western Middle, 91 sq. miles; Lehigh, 37 sq. miles; Wyoming, 198 sq. miles.