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RETURN

OF THE

CENTRAL VERMONT RAILWAY COMPANY

FOR THE YEAR ENDING DECEMBER 31, 1918.

IDENTITY OF RESPONDENT.

Exact name of common carrier making this report. Central Vermont Railway Company.

Date of organization. May 1, 1899.

Under laws of what Government, State or Territory organized? Act 159, 1898, of the laws of Vermont. For details regarding consolidation or mergers see report for year ending June 30, 1915.

Operated by United States Railroad Administration.

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CORPORATE CONTROL OVER RESPONDENT.

The respondent was controlled by the Grand Trunk Railway System through ownership of two-thirds of the capital stock.

VOTING POWERS AND ELECTIONS.

The par value of the common stock is $100, each share of which is entitled to one vote. Voting rights are proportional to holdings. The stockholders of the Railway Company shall elect as directors of the Railway Company at the annual election of the directors in each year three persons who shall be nominated by the holders of the bonds and one of the said three persons shall always be a member of the executive committee of the directors. And in order that such persons may so be nominated the Trustee shall call a meeting of said holders to be held at least one month before the election of directors by notice published once a week, for three successive weeks, in some newspaper published in each of the cities of Boston, New York and St. Albans, which meeting shall be held in the city of Boston at such time and place as the trustee shall fix and at which meeting each person shall be entitled to one vote for each of the three persons for every one hundred dollars of the principal amount of the bonds held by him and the three persons receiving the greatest number of votes at such meetings shall be the persons nominated for election as directors and shall be chosen by the stockholders of the Railway Company at its next annual meeting.

The stock books were not closed during the last fiscal year.

The total voting power of all security holders on December 31, 1918, was 29,846 votes. The total number of stockholders was 387.

The following is a list of twenty stockholders who on December 31, 1918, had the highest voting powers in the respondent:

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There were 24,219 votes cast for the election of directors at the annual meeting held Oct. 10, 1918, at St. Albans, Vt.

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United States government deferred assets, p. 142, $2,932,612 51

$2,932,612 51

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NOTE.

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$184,128 71

$575,530 98

$26 00 $564 31

$17,830 18†
$60,888 72

$17,856 18+

$166,272 53

$60,324 41

$635,855 39

Amount of $33,208.17 additions and betterments made on leased lines through United States government covers the New London Northern Railroad and West River Railroad, of which we have a 99-year lease, and the Montreal & Province Line and Stanstead, Shefford & Chambly Railway of which we hold controlling stock.

† Credit.

1 Equipment destroyed.

Respondent's Investment in Road and Equipment at Close of Year.

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