Accrington on Rails - The Tramways: A Complete History - Robert Kenyon

Because the Syndicate requires to be assured that their proposal of electrification would meet with the approval of this Council, before they proceed further with planning and expense, I thought I ought to place the facts contained in this report on record, as it is a matter of significant importance. Yours, A. H. Aitken. November A meeting of the Legal & Parliamentary Committee heard a letter from the Secretary of the Tramway Company, stating they were prepared to negotiate with the Corporation with a view to it buying out the entire concern, but not a portion of it. The interests of other authorities with those of Haslingden and Rawtenstall had to be considered. It was resolved the Town Clerk would communicate with these two corporations and give them the facts with a suggestion that if they thought it advantageous a conference would be convened at which delegations from all three authorities could attend, to discuss if the suggested purchase by this Syndicate and change to electric traction might be concluded of satisfactory terms to all concerned. December The Town Council resolved that a representation be made to the Post Master General for arrangements to be put in place with the Tramway Company for ‘letter collecting boxes’ to be installed in the Tramway Company’s cars. The Balance Sheet of the ACCRINGTON STEAM TRAMWAY COMPANY as of December 31 st , 1898. ASSETs Description Value Purchase account £2,220 – 5s – 0d. Church & Clayton suspended account £2,864 – 10s – 10d. Expense of capital issue £404 – 9s – 5d. Proportion of yearly premium £248 – 17 – 11d. TOTAL £5,738 – 3s – 2d. Lines in Haslingden & Rawtenstall £29,317 - 18s – 9d. Land & John Street depot in Haslingden £5,056 - 9s - 5d. Plant, engine and lifts £1,776 – 10s – 10 ½ d Rolling stock (18 engines + 17 trailer cars)* £13,877 – 4s – 1d. Depot and plant in Accrington £127 – 0s – 3d. Office furniture £50 – 0s – 0d. Horses and carts etc. £70 – 0s – 0d. Stores in hand £1,826 – 10s – 8d. Rents & taxes in advance £188 – 10s – 8d. Outstanding debts and accounts £171 – 17s – 0d. Deposits with local authorities £1,000 – 0s – 0d. TOTAL £53,462 – 8s – 8 ½ d . *Balance applied to writing down rolling stock which, after correction stands at £17,839 – 0s – 11d less £3,961 – 16s – 10d = £13,877 – 4s – 1d.

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