DIY History | Transcribe | Building the Transcontinental Railroad | Hazard versus Thomas C. Durant depositons, numbers 1-15, 1859-1880

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Hazard versus Thomas C. Durant depositons, numbers 1-15, 1859-1880

Page 25

12th 1867 page 277 of the Journal
Int No 149 Read the entry?
Ans No 149 "Union Pacific Railroad Company $168,874. To construction contract for account Special Committee as paid by this Company" and also another entry; "Union Pacific R R Co $38,475.72 To construction Contract for interest on amount abandoned line, expenditure $70,556.50, one year 10 months at 7 per cent from February 1, 1865; Special Committee bill, same time $168,874, 1 year 10 months at 7 per cent from February 1, 1865 $30,726.91; Burnetize Bill from April 1, 1866, eight months, $22,729.36 $1060.69; Loup Fork Bridge from August 1, 1866, four months $82,527.30 $1826.69 interest; Extra cost of iron from April 1, 1866, eight months; $102,052.16 $4762.43 interest to December 1, 1866." As none of this interest was allowed in the settlement made by the Directors of the Union Pacific Railroad with the Credit Mobilier; it was all charged back in the entry referred to. On folio 318; some of this interest does not properly belong to the suspense account; it belongs to other items but none of it being allowed it was credited back to the Union Pacific Railroad.
Int No 150 Have you the subscription of March 1865?
Ans No 150 No, sir; I have not

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12th 1867 page 277 of the Journal Int No 149 Read the entry? Ans No 149 "Union Pacific Railroad Company $168,874. To construction contract for account Special Committee as paid by this Company" and also another entry; "Union Pacific R R Co $38,475.72 To construction Contract for interest on amount abandoned line, expenditure $70,556.50, one year 10 months at 7 per cent from February 1, 1865; Special Committee bill, same time $168,874, 1 year 10 months at 7 per cent from February 1, 1865 $30,726.91; Burnetize Bill from April 1, 1866, eight months, $22,729.36 $1060.69; Loup Fork Bridge from August 1, 1866, four months $82,527.30 $1826.69 interest; Extra cost of iron from April 1, 1866, eight months; $102,052.16 $4762.43 interest to December 1, 1866." As none of this interest was allowed in the settlement made by the Directors of the Union Pacific Railroad with the Credit Mobilier; it was all charged back in the entry referred to. On folio 318; some of this interest does not properly belong to the suspense account; it belongs to other items but none of it being allowed it was credited back to the Union Pacific Railroad. Int No 150 Have you the subscription of March 1865? Ans No 150 No, sir; I have not