THE CUBA RE JW E JV 35 



ASSETS — Continued 



Traffic balances receivable $1,634.88 



Material and supplies 14,889.08 



Cuban government traffic balances 78,781.31 



Accrued interest on bonds 282.00 



Total current assets $310,857.00 



The Cuba Railroad Company 3,666,121.43 



Deferred Debit Items : 



Expenditures on account of revolutionary damages $43,119.67 



Insurance premiums paid in advance 10,094.96 



Unamortized bond discount 300,000.00 



Other 4,476.85 



Total deferred debit items $357,691.48 



$9,714,770.10 



LIABILITIES 



CAPITAL Stock 20,000 Sh.ares of $100.00 Each $2,000,000.00 



Funded Debt: 



First Mortgage 7K% Bonds due Dec. 1st, 2021 $4,000,000.00 



Total funded debit $4,000,000.00 



Current Liabilities: 



Accounts and wages payable $53,201.08 



x\ccrued taxes— 1921 38,042.59 



Total current liabilities $91,243.67 



Reserves : 



For depreciation railroad equipment $72,446.04 



For depreciation bridges and buildings. 318,961.57 



For loss and damage 33,983.22 



For medical expenses for accidents 8,046.50 



For maintenance of way, equipment and terminal 225,000.00 



For Cuban government income taxes — 1922 37,138.99 



Total reserves $695,576.32 



Deferred Credit Items : 



For traffic services rendered during the revolution but not yet 



adjusted $564.05 



Other deferred credit items 201.65 



Total deferred credit items 765.70 



Surplus $2,927,184.41 



),714,770.10 



JOHN ASHLEY, Auditor. 



Havana Electric Railway Light & Power Company 



Notice is hereby given that the Annual Meeting of the Stockholders of the Havana 

 Electric Railway, Light & Power Company will be held on May 17th, the third Thursday 

 in May, 1923, at 12 o'clock noon, Eastern Standard Time, at the office of the Company, 

 No. 15 Exchange Place, Jersey City, State of New Jersey, registered with the Registrar 

 and Transfer Company, the agent in charge thereof being at No. 15 Exchange Place 

 aforesaid, for the election of three Directors each to hold office for three years, and for 

 the transaction of such other business as may properly come before the meeting, including 

 the considering of and voting upon the approval and ratification of the reports of the 

 Officers and Directors and of all the acts and proceedings of the Board of Directors and 

 of the Executive Committee since the last Annual Meeting of the Stockholders of the 

 corporation. 



The Stock transfer books will be closed from April 18th, 1923. to May 17th, 1Q25. 

 both inclusive. 



By order of the Board of Directors. H. KRAEMER, Secretary'. 



