Show RAILROAD xvi CAPITAL C alie chicago burlington quincy applied to the interstate commission lor for authority me lite ease cabe its capital stock by ind and to issue G per cent first drat ad id r landing mortgage bonds to amount or of thu tho issue of capital stock would in pro rata among tho the of ct tile road this would mafer to lo capital account 60 ot of the railroads surplus of lout file issue ot of bonds is sought to reimburse the treads treasury for expenditures avor ra fir in additions and hot bet tao on oil the line file of the total worth of their proceeds would be held in the rall railroads roads treas jy for lay any lawful purpose include iulg g dividends while tile the remaining worth Nort li would be disposed of for future additions and betterments ferments ter ments of ct property on last december 31 the property investment account count in road and of the line as set forth in the alie application v was a with wilb a total property I 1 investment estment nv of sao on 01 that bat date the road had 1 a I corporate surp surplus its of A total or of nas charged ott off to depreciation on oil alij itt equipment including the he period of ofa i control J i if tile application is ranted granted therel there j r 11 ll demalt a corporate surplus 0 afi the road stated slated i the total capitalization of tile the road was given as loo 0 aich ill h alo capital stock outstanding mounts to and the debt in the hands ot of the public as the mie majority of the stock of tho chicago burlington BurUn glon quincy railroad or shi shares tres is held by tile I 1 lie guaranty trust company of ne york for the groat great northern and northern pacific railroad companies according to tile the B Burling ar tons lasi s annual report |