Atlantic City & Shore Railroad 1911 Financial Packet Trackage Rights Documents
$ 6.86
Description
Atlantic City & Shore Railroad 1911 Financial Packet Trackage Rights Documents. The bank check is drawn on H. F. Bachman & Co., Bankers of Philadelphia, and bears the signatures of Treasurer L. Stone and Secretary J. M. Campbell, who also attested to the voucher’s accuracy. This item comprises a complete financial transaction packet from 1911 issued by the Atlantic City and Shore Railroad Company, documenting a payment made to the West Jersey & Seashore Railroad Company for trackage rights. The collection includes the principal voucher jacket, an accounting ledger printed on its reverse, the original signed bank check, and the corresponding invoice. These materials collectively offer insight into early 20th-century railroad accounting procedures and intercompany agreements. The voucher, numbered 3167 and dated May 1911, was settled by check number 7189 on June 29, 1911, for a total amount of $817.17. This payment covered two specific charges: $782.05 for the rental of the Somers Point Branch tracks between Pleasantville and Somers Point, and $35.12 for the use of tracks and station facilities at Ocean City, New Jersey. The documents provide detailed operational and financial information relevant to interurban railway cooperation at the time. The invoice, originating from Camden, New Jersey, indicates that the $782.05 charge corresponds to a 5% interest rate applied to a capital valuation of $187,691.46 for the infrastructure, as stipulated in an agreement dated December 18, 1905. The Ocean City charge reflects a 4% rate based on a valuation of $10,536.99, according to a July 1906 agreement. The bank check is drawn on H. F. Bachman & Co., Bankers of Philadelphia, and bears the signatures of Treasurer L. Stone and Secretary J. M. Campbell, who also attested to the voucher’s accuracy. The accounting ledger on the voucher’s reverse lists various expense categories typical of railroad operations in the early 1900s, including entries for Removal of Snow, Ice and Sand and Operation of Telephone and Telegraph Systems, among others. This documentation serves as a primary source for the financial history of New Jersey’s electric interurban railroads, illustrating the monetary arrangements and trackage rights agreements that structured regional transit within Atlantic and Cape May Counties prior to World War I.
