Publisher's Synopsis
Excerpt from Report of the Railroad Commissioners of the State of New Hampshire, 1875
This practice of consolidating accounts, so far as it concerns those roads owned by one corporation without distinct stock for each, or where the same road is partly in our own state and partly in an adjoining state or states, would seem to be practicable and right; but it seems to us that Where a road, especially those all in our own limits, having distinct stock and ownership, is leased for a term of years to some other corporation, as in several instances appears, the accounts should be so far kept separate as that those owning the stock might be able to ascertain something of its real value and use fulness, and thereby be better able to judge of the value of their property, regardless of the lease.
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