IMPORTANT CHANGES DURING THE YEAR.

No changes during year.

CONTRACTS, AGREEMENTS, ETC.

Adams Express Company pays us 40 per cent. of their gross receipts.

United States Postoffice Department pays a regular specified amount quarterly, subject to change, from time to time, according to weight of mails.

Pullman Palace Car Company runs cars on our line, keeping up all repairs, and charging for seats and berths.

No special arrangements with freight or transportation companies.

No special arrangements with other railroad companies other than through billing of freight and ticketing of passengers and monthly settlements.

Western Union Telegraph Company pays a stated amount per mile, and 50 per cent. of net receipts at local stations.

What provision, if any, has been made by this road for the payment of its funded
debt? None.

What station-houses, stock-yards, or other terminal facilities, does this road use for
which it pays a rental? Name the parties to whom such property belongs: Union
station, Pittsburgh, Pennsylvania Railroad Company; Passenger station, Oil City,
Western New York and Pennsylvania Railroad Company.

Name all the associations to which this road is a party, whose object is the regula-
tion or control of passenger or freight traffic: None.

Name all the companies, commonly called fast freight lines, of which this road is
a member, or which operate over the line of this road: None.

ALLENTOWN RAILROAD COMPANY.

Date of organization: April 19, 1853.

By what authority incorporated: Act of April 19, 1853, and supplements.
Operated by the Philadelphia and Reading Railroad Company.

Date of last meeting of stockholders for election of directors: January 12, 1891. Postoffice address of general office: 227 South Fourth street, Philadelphia, Pa. Postoffice address of operating company: 227 South Fourth St., Philadelphia, Pa.

Operated by the Philadelphia and Reading Railroad Company, said company paying all expenses of operating and to this company as rental, a sum equal to thirty per cent. of the gross receipts.

By what authority incorporated: Under the act of April 4, 1868, and supplements thereto.

Operated by the Central Railroad Company of New Jersey, and Philadelphia and Reading Railroad Company.

Date of last meeting of stockholders for election of directors: January 12, 1891. Postoffice address of general office: 226 South Third street, Philadelphia.

Postoffice address of operating company: Central Railroad Company of New Jersey, 143 Liberty street, New York; Philadelphia and Reading Railroad Company, 227 South Fourth street, Philadelphia.

The Allentown Terminal railroad was leased to the Lehigh Coal and Navigation Company and the Philadelphia and Reading Railroad Company, July 10, 1889, for the term of 999 years at an annual rental of $40,500. The Lehigh Coal and Navigation Company assigned the lease, under the same date, to the Central Railroad Company of New Jersey, which company operates the road jointly with the Philadelphia and Reading Railroad Company.

General officers: President, Secretary and Treasurer. No yearly compensation.

ALTOONA AND WOPSONONOCK RAILROAD.

Date of organization: May 27, 1890.

By what authority incorporated: Incorporated under the laws of the State of Pennsylvania.