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| | Railway Rolling Stock Industry in Canada |
 | | In addition to actually constructing the line, theirs was the responsibility of furnishing the locomotives and rolling stock, and of turning the line over to the shareholders as an operating unit. |
 | | Naturally, under such an arrangement, and on a project of such magnitude, the temptation was strong upon the partners to attempt to build their own locomotive and rolling stock rather than subcontract this to established builders. |
 | | Out of this, a common stock dividend of 4% was then declared, leaving a surplus of $467,137.58 out of the year's earnings, which was almost $23,000 greater than for the previous year. |
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