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THE STORY OF ERIE 73
tion of citizens of Middletown, N. Y., that had
completed the railroad between Goshen and that
place, for which they were being reimbursed from
the earnings of the railroad between the two places:
Total Receipts and Disbursements krom April 16, 1842,
Date of Assignment, to August 31, 1843.
receipts.
From freight $82,886 09
From passengers, including mail 64,446 52
Transportation abstract complete $94, 734 58
Construction abstract complete 19 360 45
Charged to assignees 16 898 00
Paid I. Newton, for steamboat line (in
accruing abstracts) 6 591 40
Paid sundry vouchers, incomplete.... 1 026 66
Paid on July abstracts 5 853 92
Middlctoivn Association :
On acct. labor pay roll. .$743 96
On acct. passenger earnings
829 46— 1, 573 42
Balance per cash book 1 294 38
£147,332 61
Total amount receipts as above $147,33261
Amount on hand $i,294 38
In addition, stage money 109 13
Cash items, and cash received, not entered until
September 318 46
Account, Dr., balance cash $1,721 97
Cash advanced account of services.... $78069
Assets available on cash 26584
Assets not available on cash 27083
Due from Middletown, cash 100 31
Specie and copper • 97 30
Bank notes 207 00— $1,721 97
Piermont, Sept. 1, 1843.
With the year 1844 the Company began the making
of regular annual reports.
A. Main, Cashier.
Following was the
condition of the Company and its railroad according
to the report for that year, filed January 27, 1845:
REPORT FOR THE YEAR 1844.
Length of road in operation, 53 miles.
Expenditures upon the whole road, omitting loss
on State Stock, and including present indebtedness
to contractors not fully settled $4,750,000 00
Income from passengers 46,178 84
Income from freight and other sources 79,841 60
No. of through passengers 11,976^2
No. of way passengers 68,044
Receipts from through passengers I5.572 43
Receipts from way passengers 30,606 41
Expenses for repairing and running the road. . 66,945 °°
Expenses for construction 12,434 77
E. Pierson, Secretary.
(The equipment of the railroad, and full statistics
of its physical condition, for this year and all subsequent
years of the Company's history, will be found
in a tabulated exhibit on page 483).