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[193] SCHEDULE 6.-Schedule of fixed capital of Virginia Electric & Power Co. as at Dec. 31, 1933, based upon the inventory and appraisal from Jan. 1, 1920, to Dec. 31, 1933, less retirements of the properties of Virginia Ry. & Power Co. by Stone & Webster as of Jan. 1, 1930, plus new construction, betterments, and acquisitions

as of Jan. 1, 1920: Value of the physical properties of Virginia Ry. & Power Co., as determined through inventory and appraisal, made by Stone & Webster

Electric light and power properties used in operation.
Street-railway properties used in operation.

Property not used in operation.

Abandoned property, included in appraisal_ .
Estimated working capital, included in appraisal_

Total value of tangible and intangible property of Virginia Ry. & Power Co. as at Jan. 1 1920.
Power Co.:
Deduction of items included in appraisal, not property chargeable to fixed capital of Virginia Ry. &

Property of Norfolk Ry. & Light Co. not owned by Virginia Ry. & Power Co. but operated under
99-year lease, from Apr. 26, 1906, at ledger value as at Jan. 1, 1920, included in appraisal..
Property controlled through stock ownership, carried as investments, included in ap-
praisal, Atlantic Coast Terminal Co. -

Bay Shore Viaduct Ocean View Ry.

$438, 217. 00

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30, 074. 00

Abandoned property not properly chargeable to fixed capital, included in appraisal.
Estimated working capital, included in appraisal, not properly chargeable to fixed capital.

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Net value of physical properties of Virginia Ry. & Power Co. as at Jan. 1, 1920, as per Stone & Webster appraisal.
Less write-down of 25 percent of appraisal value of properties (exclusive of land and nonoperating properties) to accord
with price-level changes, subsequent to date of appraisal, as agreed between the company and the State corporation
commission, approved by board of directors Oct. 18, 1922.

Fixed capital as at Jan. 1, 1920, after deducting the 25 percent_
of directors Oct. 18, 1922.
Value of water rights allowed by State Corporation Commission of Virginia, not included in appraisal approved by board

Total fixed capital as at Jan. 1, 1920, based upon Stone & Webster appraisal, and including water rights.
Retirements of property, included in appraisal, during the period from Jan. 1, 1920, to Dec. 31, 1933 (net).

1920, to Dec. 31, 1933. Balance of property included in appraisal, plus water rights, after deducting retirements during the period Jan. 1,

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SCHEDULE 6.-Schedule of fixed capital of Virginia Electric & Power Co., as at Dec. 31, 1933, based upon the inventory and appraisal of the properties of Virginia Ry. & Power Co. by Stone & Webster as of Jan. 1, 1930, plus new construction, betterments, and acquisitions from Jan. 1, 1920, to Dec. 31, 1933, less retirements-Continued

New construction, additions, and acquisitions during the period from Jan. 1, 1920, to Dec. 31, 1933:

New construction and additions, less retirements as per details on file..

Properties acquired through merger:
Spottsylvania Power Co..

The Norfolk Ry. & Light Co.
City Gas Co. of Norfolk.

$39, 103, 135. 26

$3, 207, 646. 24

6, 100, 000. 00

5, 264, 565. 10

$14, 572, 211. 34

Other miscellaneous property acquisitions, less retirements to property acquired..

1, 216, 783. 59

Work in progress

Additions to leased property as at Dec. 31, 1933.

Total new construction, betterments, and acquisitions (net), from Jan. 1, 1920, to Dec. 31, 1933. Total fixed capital (all departments), as at Dec. 31, 1933

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[194] SCHEDULE 7.-Statement of properties acquired by Virginia Electric & Power Co. through purchase and/or merger during the period from

Jan. 1, 1920, to Dec. 31, 1933

[subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][ocr errors][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed][subsumed]

649

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Remarks

195] SCHEDULE 7-A.-Schedule of miscellaneous properties acquired by Virginia Electric & Power Co., during the period from July 1, 1926, to Dec. 31, 1933, less retirements and transfers carried in account plant and equipment purchased

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Amount

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$3,700.00 579, 959. 17 4,763.98

Private lines, miscellaneous.

R. E.-1

541

do.

2,250.00

Generating and distribution system.

Bus lines and equipment from independent operators. Norfolk, Va.

Smithfield, Va.

N. 7

693

Mar. 31, 1927

255, 462. 20

N. 45

860

June 30, 1927

Water rights, Roanoke Mills Co..

Roanoke, Va..

R. 141

866

do.

49, 084.80 500, 566. 09

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[196] SCHEDULE 8.-Summary of funded debt of Virginia Railway & Power Co. and its successor, Virginia Electric & Power Co. (exclusive of equipment trust notes), and assumed funded obligations, from the organization of the company, June 29, 1909, to Dec. 31, 1933, showing amount issued and assumed and balance outstanding Dec. 21, 1933

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