Fourth Annual Report of the Board of Directors of the Canadian Northern Railway System

Fourth Annual Report of the Board of Directors of the Canadian Northern Railway System : For the Period Ended 31st December, 1918 (Classic Reprint)

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Excerpt from Fourth Annual Report of the Board of Directors of the Canadian Northern Railway System: For the Period Ended 31st December, 1918 TO the Shareholders of the Canadian Northern Railway Company. The Directors submit herewith the Fourth Annual Report Of the Canadian Northern Railway System for the year ended December 3lst, 1918. The previous Annual Report was for the twelve months ended June 30th, 1917, Since which date the fiscal year of the Company has been changed to conform with the general practice Of most other Railway Companies on this Continent. The results Of operation for the period from June 30th to December 3lst, 1917 are shown in the statements included in the present report. Since the last Annual Report the Government of Canada, by the acquisition Of Six hundred thousand addi tional Shares in your Company, (having previously acquired Shares by way Of bonus for guaranteeing certain Securities Of the Company, ) became the beneficial owner Of the entire Capital Stock of the Company then outstanding, with the exception of five Shares which were issued in exchange for an equivalent amount Of Canadian Northern Railway 5% Income Charge Convertible Debenture Stock. The purchase was made as Of Septem ber 30th, 1917, the price payable by the Government being subject to arbitration, on the conclusion Of which and the delivery Of the shares, the actual control of your Company passed to the Dominion Government. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.show more

Product details

  • Paperback | 40 pages
  • 152 x 229 x 2mm | 68g
  • Forgotten Books
  • United States
  • English
  • , black & white illustrations
  • 0243157959
  • 9780243157952