State Codes and Statutes
Statutes > Vermont > Title-32 > Chapter-211 > 8241
§ 8241. Annual report required; contents
A person or corporation owning or operating a railroad located in whole or in part in this state, annually, on or before July 1, shall file with the commissioner a sworn copy of the Interstate Commerce Commission report, and upon forms to be prepared and furnished at the expense of the state, a report for the year ending December 31 next preceding. Such report shall show, among other things, the amount of gross and net earnings of such person or corporation. If any portion of such railroad is without this state, such returns shall give the amount of gross and net earnings per mile of such road, the length of the entire main line of road and the number of miles thereof in this state, the kind and weight of rail used on its main line, the kind and number of ties per mile, the kind of ballast, the number of miles of side and spur tracks, a list of its equipment, the amount and the value of its capital stock, its funded and floating debt, its surplus, its bonds secured by mortgage or other securities on the property of such person or corporation, the market value of its stock and bonds and the amount of dividends, interest or indebtedness paid annually or semiannually. If a railroad is leased and operated by the lessee, such returns shall also give the amount paid for rental thereof and any other matter required by the commissioner to carry out the provisions of this chapter. Whenever required in writing by the commissioner, such person or corporation shall render a sworn statement of such other and further facts relating to its financial or physical condition as shall be required by him or her in making the appraisal hereinafter mentioned. (Amended 1975, No. 43, § 1, eff. April 14, 1975.)
