[573] Interest due and accrued, bills payable and accounts payable for the following years were:

1884$6,941,513
18854,748,235
18864,959,406
18876,504,274
18889,287,616
18897,858,261

[574] Annual Report, 1889.

[575] Annual Report, 1889; Chron. 50:279, gives text of mortgage.

[576] Ry. Rev. 29:541, 1889. In fact the issues were all made at 5 per cent.

[577] Annual Report, 1890. For answer of directors see R. R. Gaz. 21:759, 1889.

[578] Chron. 51:539, 1890. The point of view of the stockholders is briefly but clearly set forth in a circular issued by Mr. Robert Harris, chairman of the board of directors. Ry. Age, 14:658, 1889.

[579] In 1919.

[580] Evidence of this appears in the $10,000,000 reserved for premiums.

[581] Memoirs, vol. 2, p. 336.