A detailed, historical look at how a city street railway was valued in 1908.
This nonfiction work presents a comprehensive valuation report for the Calumet Electric Street Railway Company, showing how physical property was categorized, priced, and depreciated.
The text explains the scope, structure, and methods used to determine present value. It covers divisions like track, power distribution, rolling stock, buildings, tools, and real estate, with explicit steps and calculations that guided the valuation.
- Learn how the property was divided into exhibits and subparts.
- See how new costs, organization, and wear were factored into depreciation.
- Explore the kinds of data, schedules, and summaries that supported the value findings.
- Understand the role of detailed inventories, layouts, and manpower in a large-scale appraisal.
Ideal for readers of historical transport reports, appraisal methods, and early 20th-century urban infrastructure studies.