REPORTS. 353 



and in the latter, including the right of way to her southern border, 

 literally hundreds of acres more prospectively, and in the immediate 

 future worth millions upon millions of dollars. Such a record of 

 munificent donations to railroads can be found in no other State in 

 the Union, nor, indeed, anything at all comparable to it. California, 

 in this particular, stands entirely alone, peerless in her generosity. 



The force of the people is now so well organized for self-pro 

 tection, through the Grange and other movements, that it rests 

 with them to correct abuses; and it is to be hoped, availing 

 themselves of experience elsewhere, they may do it in a man 

 ner which will require no after revision and correction. Thus 

 far the spirit of conciliation and compromise has marked the 

 intercourse of the Grange and Eailroad authorities in this 

 State. 



REPORTS OF CALIFORNIA RAILROAD COMPANIES (EXCEPT THE CENTRAL 

 PACIFIC) FILED IN THE OFFICE OF THE SECRETARY OF STATE, FOR 

 THE YEAR ENDING DECEMBER 31, 1874. 



TEEMINAL KAIL WAY COMPANY. 



Capital Stock $1,000,000 00 



Subscribed and paid in -. 27,50000 



Expended for purchase of Land and Construction 30.399 92 



Amount of Indebtedness 2,899 92 



Receipts and Dividends-. :. . ~ . 



NOBTHEKN EAILBOAD COMPANY. 



Capital Stock -. --. 8,400,000 00 



Subscribed 210,500 00 



Paid in 21,05000 



Expended for Land and Construction 41,511 85 



Indebtedness 41,586 90 



Receipts, Freights, and Dividends 



SACBAMENTO VALLEY BAILED AD COMPANY. 



Capital Stock . . 1,000,000 00 



Subscribed 492,380 00 



Received 180,964 31 



Freight transported 50,906 32 



Current Expenses 127,968 00 



Dividends . 



STOCKTON AND COPPEKOPOLIS BAILWAY COMPANY. 



Capital Stock 1,500,000 00 



Subscribed 48,000 00 



Paid in 4,800 00 



Expended for Building 607,492 20 



Indebtedness 1,238,783 3i 



Amount due the Company 491,000 00 



Receipts : 26,061 73 



Freight transported 8,757 tons 



Current Expenses, etc 83,540 64 



Dividends = 



23 



