20 | PANAMA RAIL ROAD COMPANY.

owned by the Panama Rail Road Company. The two lots occupied in
this District are revocable on ten days’ notice in writing to the respective
licensees.

The total amount actually collected on account of leases, licenses, and
permissions, was $132,352.69, representing an increase of $822.21 over the
actual collections for the previous year. Four new leases covering 44%
lots were issued in the Cities of Panama and Colon.

On the morning of August 9, 1918, a fire occurred in Colon involving
the destruction of four privately owned buildings situated on Panama
Rail Road lots Nos. 193314 Hudson Lane, 1935, 1937 and 1939. These
lots are comprised within the block bounded on the east by Broadway or
E Street, on the west by Hudson Lane, and on the north and south by
13th and 14th Streets, respectively. The total value of these buildings,
according to the records of the Panama Government tax office, was $17,000
United States currency. New 25-year leases have been issued dating
from August 1, 1918, to all the lessees of the aforementioned lots. The
new form of lease contract provides for the termination of same on one
year’s notice from the Panama Rail Road Company, the lessee to be com-
pensated for the actual physical value of the improvements placed upon
the lot, but not for any intangible value which may exist by reason of the
location, nature of business, or other cause, nor for any value of the unex-
pired portion of the lease period. The Panama Rail Road Company owned _
no buildings within the area swept by the fire of August 9, 1918.

Statement of Panama Rail Road leases and licenses in effect J uly le
7 1919;

 

 

 

 

 

LEASES. Lots. RENTAL.

LOCATION. oC eee | oe OR ae
7-1-18. | 7-1-19. | 7-1-18. | 7-1-19. 7-1-18. 7-1-19.
GoOlone 825 823 833 830 $83,090 28 $82,282 28
HUOeIVICL? EV. es Soares wares 52 52 54 54. 2,642 00 2,926 40
sstable lots; Colon: ..... 2 ....: “9 8 12 11 576 00 534 00
Wasps plaWwaGas°sc 2... cn. 103 103 122 122 3,987 OO 3,987 0Q
Giiachapalt: go. eae oS 15S 194 194 8,378 93 8,378 93
Satan Onze eee 88 89 106% 107% 3,977 28 4,001 28
Panama Yard, including Eng-

lish Wharf and bulkhead . 17 17 291% 29% 4.314 00 5,368 00
AT ONCC esses Goa us cs eivens 1 -1 if fi 60 00 60 00

Motal for eases... .o5 5.5% 1,248 1,246 1,352 1,349 $107,025 49 $107,537 89

Licenses &
PERMISSIONS. Lots. RENTAL.
LOCATION.
7-1-18. | 7-1-19. | 7-1-18. | 7-1-19. 7-1-18. 7-1-19.
- Miscellaneous, Colon... ....| 8 3 es a $246 00 $114 00
Buildings, rooms & stores,

@olon-Cristobal..=....7.2 23° 24 21,633 00 21,180 00
Cristooal ee 6 6 8 8 (oN) o2 1,505 52
ING WSEAS CNCYs Glo ees: 1 1 1,560 00 1,560 00
Huerta-Sandoval....:...... 2 yD), 2, 2 360 00 360 00
Miscellaneous, Panama..... cee 1 1 1 1 00 00
levallo ile een. a ee 1 2 1 2 60 00 120 00

fj hoom in Pb. R. RR. Station,

Balboa Helghts=. 3.12... 1 1 120 00 120.00
Total for Licenses and Per- 3

MMUSSIONS ieee he ee ee 43 40 12 3 $25,485 52 $24,960 52

Grand Total for All Leases, :
Licenses and Permissions..| 1,291 1,286 1,364 =| 1,362 $132,511 OL $132,498 41