Ithe deep is
Aminono
But putting it at $120,000 for capital expenditure, this means
£ 10500 at 1/9.
<
On My Lindsey's Figmes I mocking expenses
$12.045 Sudhi's proposed interest
ود.
on the capital cost (which
seems or an excessive amount to alwr)
the annual expenditure maks out at
£1788 (20445).
The
Earnings
^^^
put at $20, 900, on that sen akorning,
LA
thave done, pe some
excers in the
cost of hilding & to 7% interest an capital, the line might pay it's
way.
I won't see the food Inferning to the Cons. Engmanis
there is not enough
technical wift or details tornable them to form a saluable opinion.
On the whole Lam inclined to recommend
that the proposal sus he approvd.
Her is sened I Wank that
Twitte or mor oper tom can't chorst- the 410 taking
581
As for the finance / the constinction, i 1
I take it the branch live must pay main
tim for the material then our, rahued at
$410955 there will be of 44027
The advanced : call it & 100,000
be
$
at last.
It Special account will be getting putty tangled hat that can't to helped.
The Colony pays 3/20 20
a money ads and
to it from the Special account for the Main Line constinction. I do not see why the trauch lie sad pay more. His note
mure matter of accounting (cc. peper hansactions) for this reason
a prospect of the hire paying its
dren, my the with sexenne
x
there is
way: is it
after deducting interest & working expenses will be assessable to mal try contribution (for the accounts an to be kept separate from the main line). In that case, interest
at 7% might nince the ant resemme to wil while the interest paid into the
special fund is hible to mihtay