Memorandum addressed to Leonard Raisbeck

Made:
1825-1849
part of archive:
Leonard Raisbeck Archive

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Manuscript memo advising him how accounts ‘ought to be kept so as to shew the exact amount received for tonnage on the main line and on each branch separately. From the gross amount should be deducted all annual charges only to show the profit the company has made’.

Details

Extent:
1 item
Identifier:
RAIS/4/8/7
Transcription:
The Accounts

Ought to be Kept so as to Shew the exact amount Received for Tonnage in the Main Line and in each Branch separately as well as upon each article separately. From the gross amount should be deducted all annual charges only to shew the Profit the Company have made.
The account of all disbursements for New works as well as of all Loans contracted or discharged should form a separate or Stock Account. The whole of the Accounts since the commencement ought to be gone over and stated in these principally without which the Company can never know the exact state of their affairs.

The Repairs (illegible) most (illegible) of laying the down rails and securing (illegible) made new should be avoided and altering those already laid down by degree in order to diminish the heavy expense of repairs.

Capital on Loans 121760
100 Shares 120000
241760

Interest on 250,000 12,500
Expenses 12,500
25,000
Income 20,000
Minus 5,000

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