Page:Shore Line Electric Railway Predecessor Companies 1961.pdf/17



Page 11. tuck Valley street Railway in 1912 included four 15-bench opens, Nos. 101, 103, 105 and 107; two double truck semi—convertibles, Nos. 102 and 104; five 10—bench opens. Nos. 1, 2, 3, 7 and 11, and two single truck closed cars. Nos. 5 and 6. The single truck equipment was all unserviceable and was scrapped late in 1913 or early in 1914.

Rolllng stock received from the Groton & Stonington in 1911 included eight double truck closed cars. Nos 16, 18, 20, 22, 24, 26, 28 and 30; four 13-bench opens, Nos. 15, 17, 19 and 21; six 15-bench opens. Nos. 23, 25, 27, 29. 31 and 33. two double truck box motors, believed numbered 1 and 2; a snow plow and a work car.

One of the Groton & Stonington  closed cars. No. 12, was lost In the fire which destroyed the Thamesvllle storage barn and paint shop at the Connecticut Company on October 12. 1914, and ex-Pawcatuck Valley No. 104 was later renumbered 22 to fill the vacancy.

As of June 30, 1916, according to the annual report of the Connecticut Public Utilities Commission the Norwich & Westerly owned 17 closed and 14 open cars. other equipment included 4 freight motors, 5 freight trailers, 2 work cars and one miscellaneous car. Also owned were two or three snow plows. 19 coal cars and 6 gondola cars.

Financial & Corporate

THE NORWICH & WESTERLY Traction Company did little better financially than its predecessor, the Norwich & Westerly Railway Company.

Although substantial profits were reported in 1912 and 1913, the surplus of $48,132 on June 30 of the latter year was followed by a gross deficit of $24,418.44 on the books as of June 30, 1914, and by an operating loss of $53,225.90 for the year ended June 30, 1915.

Most of this lass resulted from taxes, interest and rental charges. For example, while grass income exceeded operating expenses by

SUMMER SCENE at Pleasant View, R I (Watch Hill) about 1910, with some passengers arriving and some ready to board the car as it is readied for a return run to Westerly.—[Charles F Munger Collection