Archive Record
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Metadata
Object Name |
Application, Financial |
Title |
TER Return to Questionnaire for Docket 16092 [pg 15] |
Date |
ca 1948, April 26 |
Scope & Content |
Texas Electric Railway Return to Questionnaire (unsigned) to the Interstate Commerce Commision to abandon rail operations in total. This 32-page document was eventually signed, notarized and submitted to the Interstate Commerce Commission. Page 15 continues with information related to the Texas Electric Railway Company Income Account - by Divisions. Dallas-Waco and Dallas-Denison Interurban Divisions. Recapitulation of Net Income--After Depreciation, for the period January 1, 1936, to February 29, 1948. Typed at the beginning of the page, is: Applicant furnishes herewith a statement showing the amount and percentage of its revenues from interstate traffic for the two months ended February 29, 1948, believing that this information will be helpful to the Commission in reaching correct conclusions in the matter. This is followed by Railway Operating Revenue, broken out by Passenger, Freight, Express and Other revenues for the Dallas-Waco Division and the Dallas-Denison Division. They are followed by a combined 'System Total'. The remainder of the page resumes responses to the questionnaire, and is transcribed as follows: 4. The present state of maintenance of the line. Answer: Applicant's line is in fairly good operating conditions, with surface, line and gauge of track fair. However, the expenditure of a minimum of $475,000.00 is necessary to care for deferred maintenance, repairs and needed additions, as follows: Ballast ……………………………………………….. $ 70,000.00 Paving repairs and needed additions…..…………. 200,000.00 Bridge strengthening ….……………………………. 60,000.00 Signals and interlockers………………………….... 20,000.00 Shop machinery and equipment…………………… 10,000.00 Power plant equipment……………………………... 90,000.00 Additional copper feeder wire……………….……... 25,000.00 ________ $475,000.00 The rolling stock is old and obsolete and it is difficult to secure parts with which to repair same. To replace the equipment with modern cars would cost in excess of one million dollars. The rail is mostly 70 and 80 pound ASCE section, ties are creosoted pine No 1, No. 2 and No. 3 size, and ballast is of gravel. Approximately ten miles of Applicant's tracks are in concrete pavement through cities, and much of it is more than twenty-five years old. Disintegration has set in and extensive repairs or new pavement is now required. The electrical machinery in Applicant's substations is either original equipment bought thirty-four years ago, or secondhand machinery acquired from abandoned electric lines. While in good repair, it is light and delicate and too small to handle the volume Applicant needs to successfully operate a freight railway. --15-- |
Search Terms |
Abandonment of Service Dallas-Denison Division Dallas-Waco Division Finance Docket 16092 Financial Interstate Commerce Commission Statement of Income Account |
Collection |
Johnnie J. Myers Collection |
Catalog Number |
CP.2006.CL.1-109-15 |