Rupert,
Is it possible that the stock of the BCR&N, held in the name of the Q, was actually held by the individual directors of the company, including Charles Perkins? Then, the receiving transaction for the $3,208.000 would be a personal rather than a corporate transaction and would not appear of the books of the RR.
Bill Barber Gravois Mills, MO Re: BCR&N
From: Rupert Gamlen
Date: Sun, 02 Apr 2023 22:51:30 PDT
Landon
Thanks for this information which helps confirm the date of the change.
The CRI&P AGM was apparently held on 4 June 1902, at which the decision to consolidate the BCR&N into the Rock Island was made. The CRI&P Annual Report for the following year shows that $3,208,000 was paid for the purchase of the capital stock of the BCR&N, which was presumably from the CB&Q. There is no equivalent receipt in the CB&Q 1903-1904 Report accounts. |
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