Wikipedia:WikiProject Trains/ICC valuations/Chicago and Eastern Illinois Railroad

Interstate Commerce Commission, Valuation Reports, Volume 31

Chicago and Eastern Illinois Railroad

Location and General Description of Property

The railroad of Chicago and Eastern Illinois Railroad Company, herein called the carrier, is a standard-gage, steam railroad, located in Illinois and Indiana. Its lines appear on the map like an inverted “Y” with the base of the letter at Dolton, Ill., near Chicago, to which the carrier has access through trackage rights. The stem and one prong lie entirely within Illinois, extending from Dolton through Momence, Woodland, Tuscola, Findlay, Salem, and Marion to Thebes, above Cairo on the Mississippi River, a total distance of 361 miles. The other prong branches off at Woodland, Ill., extends southward through Danville, whence it cuts over into Indiana and then extends southward through Terre Haute and Vincennes to Evansville, a distance of 205 miles from Woodland. A considerable branch extends from Brazil, Ind., where it connects with the Indiana prong at Otter Creek Junction, just north of Terre Haute, northward through Weedersburg, Attica, Percy Junction, and Fair Oaks to LaCrosse, Ind., with a cross line from Percy Junction connecting it with the stem of the system at Momence, Ill. Lateral branches connect these lines with adjacent points and a cross line between Danville and Villa Grove, both in Illinois, connects the two prongs.

The main-line road mileage of the carrier aggregates 736.71 miles and the branch-line road mileage aggregates 276.16 miles, making a total road mileage of 1,012.87 miles. In addition to this there are 192.01 miles of second main-line track and 20.21 miles of third main-line track, making altogether 212.22 miles of additional main-line track. Yard tracks and sidings amount to 632.50 miles. The total owned mileage, including all tracks, thus amounts to 1,857.59 miles.

The carrier uses exclusively under lease certain terminal property, but not including any road mileage, of the Chicago and Western Indiana Railroad Company, located in Chicago. It leases to the Vandalia Railroad Company for exclusive use that part of the line in Indiana between Otter Creek Junction and Rockville, about 17 miles.

By means of trackage rights, the carrier operates from Dolton to Chicago, from Thebes, Ill., to Chaffee, Mo., and from Pana, Ill., to St. Louis, Mo.

The carrier also operates, as agent for the owner, the property of Evansville and Indianapolis Railroad Company from Terre Haute to Straight Line Junction, near Evansville, Ind. In this operation the carrier uses its own locomotives.

Corporate History

The present corporation was chartered under the general laws of Illinois in 1894 and of Indiana in 1899, being the last of four successive corporations of the same name. The first three corporations named Chicago and Eastern Illinois Railroad Company consolidated, in 1881, 1887, and 1894, respectively, with certain other corporations to form the carrier. Also, the third of the corporations referred to and the carrier, especially the latter, have absorbed by purchase or other form of merger other corporations that contributed franchises and property to the growth, jurisdiction, and holdings of this principal line of corporations. On date of valuation the carrier represented the cumulative development under 37 different corporations. Of these, however, 3 each underwent a change of corporate name without recharter, so that in all 40 different corporate names appear in the history of the corporated development of the carrier.

In 1902 the carrier came under the control of the St. Louis and San Francisco Railroad Company, through an exchange of capital stock of the carrier for stock trust certificates of the former, the carrier's stock being deposited in trust to secure the payment of interest on the trust certificates. This control continued until 1913, when, on the failure of the Frisco to pay the interest on its stock-trust certificates, it forfeited the carrier's capital stock. The corporate control then passed to the trustee, the Equitable Trust Company of New York, which holds the carrier's capital stock in trust for the former stockholders of the carrier.

On May 27, 1913, the carrier was placed in receivership on petition of the creditor to anticipate expected receivership as a result of the insolvency of the Frisco. The original receivers were William J. Jackson and Edwin W. Winter. By the resignation of Winter on February 10, 1915, Jackson became, and on date of valuation still is, the sole receiver administering the affairs of the carrier.

As previously stated, the carrier is the last of four successive corporations of the same name. The first of these was incorporated under the general laws of Illinois and Indiana on August 28, 1877, to take over certain railroad property that had been developed by an earlier series of four corporations, each bearing the name of Chicago, Danville and Vincennes Railroad Company. The first of this earlier series was incorporated by special charter in Illinois on February 16, 1865. For data relating to predecessors of the carrier reference is made to the report of the accounting section.

There follows a statement of the dates of incorporation and demise, the immediate succeeding corporation, and the manner of succession for each of the 37 corporations which comprise the line of succession culminating in the carrier as at present constituted.

No.	Name	Incorporation	Succession
1	Chicago and Eastern Illinois Railroad Company.	Under general laws of Illinois and Indiana, through articles of consolidation dated June 6, 1894.
2	Chicago and Eastern Illinois Railroad Company.	Under general laws of Illinois and Indiana, through articles of consolidation dated Nov. 18, 1887.	Consolidated June 6, 1894, with 19 to form 1.
3	Momence and State Line Railroad Company.	Under general laws of Illinois, Aug. 2, 1887.	Merged in 1888 into 2 without formal conveyance, since title to right of way was in the latter and construction cost had been borne by it.
4	Chicago, Danville and St. Louis Railroad Company.	Under general laws of Illinois, Mar. 18, 1887.	Consolidated Nov. 18, 1887, with 7 to form 2.
5	Danville, Tuscola & Western Railroad Company.	Under general laws of Illinois in 1887.	Purchased 1887 by 7 for account of 4.
6	Strawn and Indiana State Line Railroad Company.	Under general laws of Illinois, Aug. 11, 1880.	Consolidated Nov. 18, 1887, with 4 to form 2.
7	Chicago and Eastern Illinois Railroad Company.	Under general laws of Illinois and Indiana through articles of consolidation dated Mar. 9, 1881.	Consolidated Nov. 18, 1887, with 4 to form 2.
8	Danville and Grape Creek Railroad Company.	Under general laws of Illinois, Mar. 16, 1880.	Consolidated Mar. 9, 1881, with 9 to form 7.
9	Chicago and Eastern Illinois Railroad Company.	Under general laws of Illinois and Indiana through articles of consolidation dated Aug. 28, 1877.	Consolidated Mar. 9, 1881, with 8 to form 7.
10	State Line and Covington Railroad Company.	Under general laws of Indiana, Aug. 9, 1877.	Consolidated Aug. 28, 1877, with 11 to form 9.
11	Chicago and Nashville Railroad Company.	Under general laws of Illinois, Feb. 17, 1877.	Consolidated Aug. 28, 1877, with 10 to form 9.
12	Chicago, Danville and Vincennes Railroad Company.	Under general laws of Illinois through articles of consolidation dated May 6, 1872.	After foreclosure Feb. 17, 1877, property in Indiana purchased by 10 and property in Illinois by 11.
13	Attica and Terre Haute Railroad Company.	Under general laws of Indiana, Jan. 11, 1860.	Consolidated May 6, 1872, with 14 to form 12.
14	Chicago, Danville and Vincennes Railroad Company.	Under general laws of Illinois, through articles of consolidation dated Mar. 9, 1872.	Consolidated May 6, 1872, with 13 to form 12.
15	Western Indiana Railroad Company.	Under general laws of Indiana, Mar. 6, 1872.	Consolidated Mar. 9, 1872, with 16 to form 14.
16	Chicago, Danville and Vincennes Railroad Company.	Under general laws of Illinois through articles of consolidation dated Mar. 4, 1872.	Consolidated Mar. 9, 1872, with 15 to form 14.
17	Rossville and Indiana Railroad Company.	Under general laws of Illinois, Feb. 23, 1872.	Consolidated Mar. 4, 1872, with 18 to form 16.
18	Chicago, Danville and Vincennes Railroad Company.	By special charter of Illinois, Feb. 16, 1865.	Consolidated Mar. 4, 1872, with 17 to form 16.
19	Chicago & Indiana Coal Railway Company.	Under general laws of Indiana, through articles of consolidation dated Apr. 30, 1886.	Consolidated June 6, 1894, with 2 to form 1.
20	Chicago & Indiana Coal Railway Company.1	Under general laws of Indiana dated May 9, 1885.	Consolidated Apr. 30, 1886, with 21 to form 19.
21	The Indiana Railway Company.	Under general laws of Indiana Apr. 13, 1886.	Consolidated Apr. 30, 1886, with 20 to form 19.
22	Chicago & Great Southern Railway Company.	Under general laws of Indiana, through articles of consolidation dated Apr. 7, 1883.	Sold at foreclosure Mar. 27, 1886, to interest which conveyed property to 21 on Apr. 13, 1886.
23	Chicago & Great Southern Railway Company.2	Under general laws of Indiana, Mar. 8, 1880.	Consolidated Apr. 7, 1883, with 24 to form 22.
24	Chicago & Block Coal Railroad Company.	Under general laws of Indiana in 1879.	Consolidated Apr. 7, 1883, with 23 to form 22.
25	Indiana North and South Railroad Company.	Under general laws of Indiana, Sept. 9, 1869.	Sold at foreclosure Apr. 8, 1879, to Andrew J. Dull, who later conveyed property to 24.
26	Chicago, Paducah and Memphis Railroad Company.	Under general laws of Illinois, Dec. 21, 1893.	Purchased Feb. 20, 1897, by 1.
27	Eastern Illinois and Missouri Railroad Company.	Under general laws of Illinois, Jan. 26, 1899.	Purchased Oct. 23, 1899, by 1.
28	Evansville, Terre Haute and Chicago Railway Company.	Under general laws of Indiana and Illinois, through articles of incorporation dated Nov. 12, 1872.	Purchased Dec. 27, 1899, by 1.
29	Danville and Rosedale Railway Company.	Under general laws of Illinois, July 1, 1870.	Consolidated Nov. 12, 1872, with 30 to form 28.
30	Evansville, Terre Haute and Chicago Railway Company.	Under general laws of Indiana, June 2, 1869.	Consolidated Nov. 12, 1872, with 29 to form 28.
31	Indiana Block Coal Railroad Company.	Under general laws of Indiana, Apr. 17, 1878.	Purchased Dec. 27, 1899, by 1.
32	Rossville and Eastern Railroad Company.	Under general laws of Illinois, Aug. 13, 1902.	Purchased Jan. 8, 1903, by 1.
33	Eastern Illinois and St. Louis Railroad Company.	Under general laws of Illinois, Jan. 24, 1903.	Purchased June 30, 1905, by 1.
34	Evansville and Terre Haute Railroad Company.3	Under Indiana act approved Mar. 4, 1853.	Purchased July 21, 1911, by 1.
35	Wabash Railroad Company (early antecedent of 34).	Under special act of Indiana approved Feb. 6, 1851.	Consolidated Mar. 4, 1853, with 36 to form 34.
36	Evansville and Illinois Railroad Company.	Under special act of Indiana approved Jan. 2, 1849.	Consolidated Mar. 4, 1853, with 35 to form 34.
37	Evansville Belt Railway Company.	Under general laws of Indiana, May 9, 1881.	Purchased July 21, 1911, by 1.

¹Name changed on Oct. 31, 1885, from Lake Michigan & Ohio River Railway Company.

²Name changed on July 14, 1881, from Indiana & Chicago Railway Company.

³Name changed on Mar. 5, 1877, from Evansville and Crawfordsville Railroad Company.

Development of Fixed Physical Property

Of the 1,013 miles of road owned by the carrier, 428 miles was acquired, when the carrier was formed, by the consolidation of the Chicago and Eastern Illinois Railroad Company (3) and the Chicago & Indiana Coal Railway (2) on June 6, 1894; 524 miles was acquired by purchase from predecessor companies, and 61 miles was constructed by the carrier.

Of the 37 corporations which comprise the line of succession culminating in the carrier as at present constituted, 12 corporations constructed no property. They were the Chicago and Eastern Illinois Railroad Company (1), the State Line and Covington Railroad Company, the Chicago and Nashville Railroad Company, the Attica and Terre Haute Railroad Company, the Chicago, Danville and Vincennes Railroad Company (2), the Western Indiana Railroad Company, the Rossville and Indiana Railroad Company, The Indiana Railway Company, the Chicago & Great Southern Railway Company (2), the Evansville, Terre Haute and Chicago Railway Company (2), and the Wabash Railroad Company. The property constructed by the remaining corporations, the years when various portions of the line were opened for operations, and the manner in which the carrier acquired the property are set forth in the following table, wherein to facilitate comparison with the table showing the corporate succession, previously given, the same order of corporations is maintained:

	Mileage	[Mileage total]
Acquired in the consolidation by which the carrier was formed:
From the Chicago and Eastern Illinois Railroad Company (3), constructed by—
Momence and State Line Railroad Company, 1888, Momence, Ill., to Illinois-Indiana boundary.	12
Partially by the Danville, Tuscola & Western Railroad Company and completed by the Chicago, Danville and St. Louis Railroad Company, 1887, Sidell to Tuscola, Ill.	27
Strawn and Indiana State Line Railroad Company, 1881, Wellington to Cissna Park, Ill.	11
Chicago and Eastern Illinois Railroad Company (2), 1882, Grape Creek to Sidell, Ill.	18
Danville and Grape Creek Railroad Company, 1881, Danville to Grape Creek, Ill.	5
Chicago, Danville and Vincennes Railroad Company (4), 1873, Bismarck to Coal Creek, Ill.	24
Chicago, Danville and Vincennes Railroad Company (1), 1872, Dolton to Danville, Ill.	107
Chicago and Eastern Illinois Railroad Company (3)—
1891, Tuscola to Shelbyville, Ill.	41
1893, Rossville to Sidell, Ill.	34
Total	279
Abandoned in 1885 by the Chicago and Eastern Illinois Railroad Company (2), 15 miles from Bismarck, Ill., to Covington, Ind., and in 1888 by the Chicago and Eastern Illinois Railroad Company (3), the remaining 9 miles from Covington to Coal Creek, Ind.	24
		255
From Chicago & Indiana Coal Railway Company (2), constructed by—
Chicago & Indiana Coal Railway Company (1), 1885, Yeddo to Brazil, Ind.	42
Chicago & Great Southern Railway Company (1), 1883, Fair Oaks to Attica, Ind.	57
Chicago & Block Coal Railroad Company, 1882, Veedersburg to Yeddo, Ind.	7
Indiana North and South Railway Company, 1874, Attica to Veedersburg, Ind.	18
Chicago & Indiana Coal Railway Company (2)—
1887, Fair Oaks to La Crosse, Ind.	26
1888, Percy Junction, Ind., to Illinois-Indiana boundary.	20
Various times, various spurs.	8
		173
Acquired by purchase subsequent to consolidation from—
Chicago, Paducah and Memphis Railway[sic] Company, constructed by that company, 1896, Altamount to Marion, Ill.	98
Eastern Illinois and Missouri Railroad Company, constructed in part by that company and completed by the carrier subsequent to purchasing the property in 1899, Marion to Thebes, Ill., and Joppa Junction to Joppa, Ill.	78
Evansville, Terre Haute and Chicago Railway Company (2), constructed by—
Evansville, Terre Haute and Chicago Railway Company (1), 1870, Otter Creek Junction, Ind., to Illinois-Indiana boundary.	42
Danville and Rosedale Railway Company, 1872, Illinois-Indiana boundary to Danville, Ill.	6
Indiana Block Coal Railroad Company, constructed by that company, 1878, Otter Creek Junction to Brazil, Ind.	13
Rossville and Eastern Illinois[sic] Railroad Company, constructed by that company, 1903, Rossville to Judyville, Ind.	14
Eastern Illinois and St. Louis Railroad Company, constructed by that company, 1904, Woodland Junction to Villa Grove, Ill., and Findlay to Pana, Ill.	82
Evansville and Terre Haute Railroad Company, constructed by—
Partly by Evansville and Illinois and completed by Evansville and Terre Haute Railroad Company, after purchase of the property in 1853, Evansville to Vincennes, Ind.	52
Evansville and Terre Haute Railroad Company—
1853, Vincennes to Terre Haute, Ind.	58
1860, Terre Haute to Rockville, Ind.	23
1883, Fort Branch to Mount Vernon, Ind.	38
Various dates, various spurs.	16
Evansville Belt Railway Company, constructed by that company, 1882, in and about Evansville, Ind.	4
		524
Constructed by the carrier—
1897, Shelbyville to Altamount, Ill.	24
1903, Milford Junction, Ill., to Freeland Park, Ind.	11
1905, Clinton coal mine branches.	14
1906, Bismarck to Starr, Ill.	2
Various times, mine and industrial spur tracks.	10
		61
Grand total		1,013

In addition, 10 miles of roadbed was graded by the Attica and Terre Haute Railroad Company and 20 miles by the Indiana North and South Railway Company. Both pieces were located in Indiana. Neither of them is included in the property now owned by the carrier. The 10 miles was sold by the Chicago and Eastern Railroad Company (2) to the Lake Michigan & Ohio River Railway Company and the 20 miles was abandoned by the Chicago & Great Southern Railway Company (2).

Leased Railway Property

The carrier uses on date of valuation property owned by other companies and other companies use property owned by the carrier to the extent indicated in the following statement. The description of the property, the periods and terms of use, and the rentals accrued and charged or credited to income for the year ending on date of valuation are as follows:

	Rentals
Solely owned but not used, leased to—
Vandalia Railroad Company—
Line from Otter Creek Junction to Rockville, Ind., 16.9 miles; for 99 years from Nov. 1, 1879. The consideration stipulated is an annual rental of $6,000, the maintenance of the property, and the payment of taxes thereon.	$6,000.00
Elgin, Joliet and Eastern Railway Company—
Certain industry tracks at Fairmont, Ill., 2.59 miles; for 55 years from July 1, 1913. The consideration stipulated is 5 per cent on the valuation, annually, the maintenance of the property, and the payment of the taxes thereon.	931.44
Frisco Refrigerator Line—
993 refrigerator cars, for a rental equal to 6 per cent per annum of their original value, together with 6 per cent as depreciation, all mileage earned to be the property of the lessee.	72,165.97
Solely used not owned, leased from—
Chicago and Western Indiana Railroad Company—
Freight-station buildings and dock property and tracks serving them in Chicago, Ill., leased for 999 years from July 1, 1902. The consideration stipulated is 4 per cent per annum on bonds issued for such property, the payment of all operating expenses and taxes and contributions to a sinking fund. But sinking-fund contributions are to be reimbursed by the issue of bonds. The rental accrued for the year ended on date of valuation is included with that for the joint use of other property of the Chicago and Western Indiana, noted below.	---
Mather Horse and Stock Car Company—
799 stock cars and 197 box cars, for a rental of 25 cents per day while on rails of the carrier, plus all earnings reported by foreign lines, with the proviso that if the earnings exceed $9.50 per car per month the excess will be divided equally between the lessor and the carrier.	113,032.94
American Tar Products Company—
20 tank cars, for a rental of $22.50 per car per month, all mileage leased to be the property of the carrier.	2,715.55
Solely owned but jointly used, used with—
Vandalia Railroad Company—
Line from Otter Creek Junction to Terre Haute, Ind., 6.01 miles; for 99 years from Nov. 1, 1879. This is in connection with the lease to this same company of the carrier's track from Rockville to Otter Creek Junction, Ind., noted hereinbefore. The consideration stipulated for this joint use is a rental of $3,000 per annum and a share of maintenance and operating expenses on a wheelage basis.	3,000.00
Elgin, Joliet and Eastern Railway Company—
Under a 50-year contract, dated Feb. 1, 1909, the right to operate its trains over all tracks of the carrier, except yard and terminal facilities elsewhere than at mines, quarries, and coke works. This right is exercised principally in hauling limestone and coal from points in Vermilion County, Ill., to steel mills in Chicago, Gary, and vicinity. This use includes trackage as follows: Chicago Heights, Ill., to Rossville Junction, Ill., 80 miles; Rossville Junction, Ill., to Jackson, Ind., 53.10 miles; Danville, Ill., to Sidell Junction, Ill., 22.20 miles; Sidell Junction, Ill., to Rossville Junction, Ill., 34.40 miles.
The consideration stipulated for this joint use is $1 per train-mile for each train of loaded or empty cars, of an aggregate weight not in excess of 1,800 tons, north of Sidell Junction, Ill., or Clinton, Ind., and 75 cents per train-mile for such trains south of those points. For trains of heavier weight the charge is proportionately higher.	204,607.34
Illinois Central Railroad Company—
Line from Olive Branch, Ill., to Thebes, Ill., 9.35 miles; for 909 years from Apr. 1. 1902. This is used jointly by St. Louis Southwestern Railway Company, also, as noted below. The consideration stipulated is $2,500 per annum, 2.5 per cent per annum on improvements, and the sharing of maintenance and operating costs on a wheelage basis.	3,043.55
Line from Belt Line to Evansville, Ind., 3.77 miles; for an indefinite period from June 1, 1904. The consideration stipulated is $5,000 per annum, 2.5 per cent per annum on improvements, and the sharing of maintenance and operating costs on a wheelage basis.	5,112.31
Line from Reeds Spur to Marion, Ill., 6.56 miles; for an indefinite period from Dec. 8, 1914. This is used jointly by Chicago, Burlington & Quincy Railroad Company also, as noted below. The consideration stipulated is 2.5 per cent per annum on the valuation, one-half the taxes, and sharing of maintenance and operating costs on a car basis. No bills have been rendered for a joint use to date of valuation.	---
Chicago, Burlington & Quincy Railroad Company—
The line from Neilson to West Vienna, Ill., 15.79 miles; for an indefinite period from June 1, 1910. The consideration stipulated is 2.5 per cent per annum on the valuation, with maintenance and operating costs and taxes shared on a wheelage basis.	14,178.98
The line from Reeds Spur to Marion, Ill., 6.56 miles; for an indefinite period from Apr. 25, 1912. This is used jointly by Illinois Central Railroad Company, also, as noted above. The consideration stipulated is 2.5 per cent per annum on the valuation, with maintenance and operating costs and taxes shared on a wheelage basis.	1,400.26
St. Louis Southwestern Railway Company—
The line from Olive Branch to Thebes, Ill., 9.35 miles; for an indefinite period from September 2, 1908. This is used jointly by Illinois Central Railroad Company, also, as noted above. The consideration stipulated is $1 per train-mile according to standard detour contract.	6,580.55
Jointly used but not owned, owned by—
Chicago and Western Indiana Railroad Company—
The line from Dolton to Chicago, Ill., 16.99 miles, and passenger station and yards in Chicago; for 999 years from July 1, 1902. This property is also used by four other carriers. The consideration stipulated is the payment of one-fifth of the interest on the 4 per cent bonds issued for the property; one-fifth of the payments into the sinking fund, which payments are to be reimbursed by the issue of bonds, and the sharing of operating expenses and taxes on a wheelage basis. The rental, including the rental for the freight-terminal property in Chicago used exclusively by the carrier, previously noted, is.	478,055.89
Chicago, Terre Haute and Southeastern Railway Company—
The line from Starr to Brewer Junction, Ill., 6.63 miles; for an indefinite period from July 8, 1905. The consideration stipulated is 2.5 per cent per annum on the valuation, with maintenance and operating costs and taxes shared on a wheelage basis.	13,796.40
The Cleveland, Cincinnati, Chicago and St. Louis Railway Company—
The line from Pana to Granite City, Ill., including tracks and station and yard facilities, 76.21 miles; for 999 years from Nov. 1, 1902. The consideration stipulated is 2 per cent per annum on the valuation and the sharing of maintenance and operating costs and taxes on a car basis.	131,976.40
Terminal Railroad Association of St. Louis—
The line from Granite City, Ill., to the Union Depot in St Louis, via Merchants Bridge, 8.90 miles, and from the same point to the Union Depot in St. Louis, via Eads Bridge, 8.53 miles; indefinitely from December, 1904. The consideration stipulated is on a car basis.	27,510.00
The Union Station and Washington Avenue Station in St. Louis, Mo.; indefinitely from December, 1904. The consideration stipulated is based on the use made of these properties.	5,121.65
Cupples Station in St. Louis, for handling freight; indefinitely from December, 1904. The consideration stipulated is a portion of the expense of handling the freight on a tonnage basis. The payment accrued for the year ended on date of valuation has been considered an operating charge rather than a charge to joint-facility rents.	---
Illinois Central Railroad Company—
The line from Thebes to Bridge Junction, Ill., 1.31 miles; for 999 years from Apr. 1, 1902. The consideration stipulated is 2.5 per cent per annum on the valuation and the sharing of maintenance and operating costs and taxes on a car basis.	2,072.39
Southern Illinois and Missouri Bridge Company—
The line from Bridge Junction, Ill., to Illmo, Mo. 4.65 miles, for 50 years from Nov. 1, 1901. The consideration stipulated is the sharing of maintenance and operating cost on the basis of freight and passenger traffic.	23,271.39
St. Louis Southwestern Railway Company—
The line from Illmo to Rockview, Mo., including track and station facilities, 7.54 miles; for an indefinite period from May 25, 1905. The consideration stipulated is $565.50 per month, 50 per cent of the taxes, 70 per cent of cash fares collected, and the sharing of maintenance and operating costs on a car-mileage basis.	8,404.37
St. Louis and San Francisco Railroad Company—
The line from Rockview to Chaffee, Mo., 0.87 mile; for an indefinite period from May 25, 1905. The consideration stipulated is 2.5 per cent per annum on the valuation, one-third of the maintenance and operating costs for freight and passenger station, one-half the taxes, and a payment for other facilities on the basis of use.	6,939.09
Pere Marquette Railroad Company—
The line from La Crosse to Wellsboro, Ind., 16 miles, for an indefinite period from Nov. 1, 1910. The consideration stipulated is $50 per round trip for freight trains. No rental accrued for the year ended on date of valuation.	---
Rock Island-Frisco Terminal Railway Company—
St. Louis terminals, for 20 years from Jan. 1, 1907. The consideration stipulated was the sharing of operating expenses, taxes, and interest on bonds on a tonnage and wheelage basis.	45,497.53
Vandalia Railroad Company—
The Union passenger station at Terre Haute, Ind.; for an indefinite period from Aug. 6, 1894. The consideration stipulated is an equal share with other tenants of 5 per cent per annum on the valuation and the sharing of maintenance and operating costs on a car basis.	2,962.05