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Depreciation allowance

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El Coke

June 30, 2001 08:13PM

After the Income tax Law of 1916 ,companies were allowed to depreciate older equipment down to very little , i.e. they paid less tax on old equipment .So the Grande essentially built a new caboose but kept it on the books as an built in 1880 ! I concur that #04444 is basically the most intact old car on the property ,being built in 1887 ,053 and 0452 are basically original , and very ol d .The bigger RPOs were rebuilt a nd reinforced in the 1920s .

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Subject	Author	Posted
Oldest C&TS Rolling Stock	Frank Martindell	June 28, 2001 10:53AM
Re: Oldest C&TS Rolling Stock	Mark Stoeckel	June 28, 2001 12:59PM
Re: Oldest C&TS Rolling Stock	Grant Houston	June 28, 2001 05:26PM
Re: Oldest C&TS Rolling Stock	earl	June 28, 2001 06:36PM
0503	DvV	June 28, 2001 08:19PM
Re: 0503	Grant Houston	June 29, 2001 12:16PM
Re: 0503	Frank Martindell	July 06, 2001 10:54AM
That's what I meant. Thanks NM	Grant Houston	July 06, 2001 04:11PM
Re: 0503	Bill Kepner	June 29, 2001 05:01PM
Depreciation allowance	El Coke	June 30, 2001 08:13PM
Re: Depreciation allowance	Grant Houston	July 01, 2001 10:48AM
6000 flats	Kevin Cook	July 02, 2001 11:56AM

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488 stops for water at Los Pinos tank on closing day Oct. 1979. Photo courtesy Don Richter

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