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BONDS-Continued.

Baltimore & Ohio Southwestern R. R. Co. (Illinois), authority to issue
refunding and general mortgage bonds, to be delivered to B. & O. R. R.
Co., in reimbursement of advances for additions and betterments,
granted. Bonds of B. & O. R. R. and Subsidiaries, 211; 286.
Baltimore & Ohio Southwestern R. R. Co. (Ohio and Indiana), authority
to issue refunding and general mortgage bonds, to be delivered to
B. & O. R. R. Co., in reimbursement of advances for additions and
betterments, granted. Bonds of B. & O. R. R. and Subsidiaries, 211;

286.
Baltimore & Philadelphia R. R. Co., authority to issue refunding and
general mortgage bonds, to be delivered to B. & O. R. R. Co., in reim-
bursement of advances for additions and betterments, granted.

of B. & O. R. R. and Subsidiaries, 211; 286.

Bonds

Beaver, Meade & Englewood R. R. Co., authority to issue first-mortgage
bonds, in connection with construction of extension of its line from
Forgan to Hooker, Okla., certificate of convenience and necessity for
which was heretofore issued in 86 I. C. C. 286, granted. Securities of
B., M. & E. R. R., 296.

Buffalo, Rochester & Pittsburgh Ry. Co., authority to sell consolidated-
mortgage bonds, the authentication, delivery, and issues of which were
authorized in 71 I. C. C. 432 and 82 I. C. C. 830, part of the proceeds
to be used in repayment of a loan under section 210 of the transporta-
tion act, 1920, part to pay off certain short-term notes, and remainder
to be retained in its treasury for general uses and purposes, granted.
Sales of Bonds by B., R. & P. Ry., 571.

Central R. R. Co. of New Jersey, authority to issue equipment bonds,
series K, to be sold and proceeds used in procurement of steel passenger
coaches, steel combination passenger and baggage and steel baggage-
express cars, and steel car floats, granted. C. of N. J. Equipment
Bonds, 42.

Chesapeake & Ohio Ry. Co., authority to pledge general-mortgage bonds
and first-lien and improvement-mortgage bonds, series A, as collateral
security for note made to order of Director General of Railroads, in
connection with final settlement between applicant and director gen-
eral of certain obligations, and to fund its indebtedness for additions
and betterments, granted. Bonds of C. & O. Ry., 39.

Chicago & North Western Ry. Co., authority to issue and sell general-
mortgage bonds, authentication and delivery of which was authorized
in 86 I. C. C. 201, for purpose of reimbursing its treasury for expendi-
tures heretofore made in retirement of underlying bonds, and for mak-
ing additions and betterments, granted. Bonds of C. & N. W. Ry., 235.
Chicago, Indianapolis & Louisville Ry. Co.:

Authority to sell first and general mortgage bonds, series B, the issue
of which was heretofore authorized in 70 I. C. C. 803 and 71 I. C. C.
74, the proceeds thereof to be used to replenish its cash reserve and
care for maturing interest on bonds, granted. Bonds of C., I. & L.
Ry., 95.

90 1. C. C.

BONDS Continued.

Chicago, Indianapolis & Louisville Ry. Co.-Continued.
Authority to issue first and general mortgage bonds, series B, for pur-
pose of reimbursing its treasury for expenditures for retirement of
matured equipment obligations and for additions and betterments;
said bonds to be pledged and repledged from time to time, as col-
lateral security for any notes that may be issued within limitations
of paragraph (9) of section 20a of the act without commission's
authorization therefor having first been obtained, granted. C., I. &
L. Ry. Bonds, 426.

Chicago, Milwaukee & St. Paul Ry. Co.:

Authority to issue general-mortgage gold bonds in reimbursement of
moneys expended for retiring matured bonds, said bonds to be
pledged and repledged from time to time, as collateral security for
any notes which may be issued under paragraph (9) of section 20a
of the act without commission's authorization therefor having first
been obtained, granted. Bonds of C., M. & St. P. Ry., 173.
Authority to assume obligation and liability, as lessee, in respect of
first and refunding mortgage bonds to be issued by C., T. H. & S. E.
Ry. Co., said bonds to be delivered to the Milwaukee in reimburse-
ment of expenditures for additions, betterments, and extensions to
property of the Southeastern Company, granted. Bonds of C., T. H.
& S. E. Ry., 315.

Chicago, Rock Island & Pacific Ry. Co.:

Authority to pledge first and refunding mortgage bonds as collateral
security for note payable to Director General of Railroads, and such
additional amount of bonds as may be necessary to maintain value
of securities pledged equal at all times at market price to not less
than 120 per cent of aggregate face value of notes outstanding,
granted. R. I. Notes and Bonds, 404.

Authority to pledge and repledge, from time to time, first and refund-
ing mortgage bonds as collateral security for any notes which may
be issued within limitation of paragraph (9) of section 20a, of the
act without commission's authorization therefor having first been
obtained, granted. Bonds of C., R. I. & P. Ry., 479.
Authority to issue secured gold notes, to be sold and proceeds used
for payment for capital expenditures, and to pledge first and refund-
ing mortgage bonds as collateral security therefor, and to pledge as
substitute collateral, Rock Island, Arkansas & Louisiana and St.
Paul & Kansas City Short Line bonds, granted. Rock Island Notes
and Bonds, 653.

Chicago, Terre Haute & Southeastern Ry. Co., authority to issue first and
refunding mortgage bonds, to be delivered to C., M. & St. P. Ry. Co., in
reimbursement of expenditures for additions, betterments, and exten-
sions to property of the Southeastern Company, granted. Bonds of C.,
T. H. & S. E. Ry., 315.

Confluence & Oakland R. R. Co., authority to issue refunding and general
mortgage bonds, to be delivered to B. & O. R. R. Co., in reimbursement
of advances for additions and betterments, granted. Bonds of B. & O.
R. R. and Subsidiaries, 211; 286.

Connecting Ry. Co., authority to issue first-mortgage bonds, to be deliv-
ered to Pennsylvania R. R. Co. in partial settlement of expenditures for
additions and betterments, granted. Bonds of C. Ry., 557.

BONDS-Continued.

Cumberland & Manchester R. R. Co., authority to issue first-mortgage
serial bonds of its Horse Creek branch, to be sold and proceeds used in
payment of matured promissory notes, granted. Bonds of C. & M. R. R.,
708.
Delaware & Hudson Co., authority to procure authentication and delivery
of first and refunding mortgage gold bonds, to reimburse its treasury
for expenditures for additions and betterments, said bonds to be pledged
and repledged from time to time, as collateral security for any notes
which may be issued under paragraph (9) of section 20a of the act
without commission's authorization therefor having first been obtained,
granted. Bonds of D. & H. Co., 674.

Denver & Rio Grande Western R. R. Co., upon rehearing and reargument,
original report and order, 82 I. C. C. 745, affirmed and modified, and
authority granted for the issue of general mortgage bonds as income
bonds, in connection with a program of reorganization. D. & R. G. W.
Reorganization, 141.

Detroit & Ironton R. R. Co., authority to issue first-mortgage bonds, se-
ries A, to be sold and proceeds used for construction of a new line be-
tween Malinta, Ohio, and Durban, Mich., granted. Construction of Line
and Bond Issue by D. & I. R. R., 502.

Erie R. R. Co.:

Authority to issue refunding and improvement mortgage bonds, series
B; to pledge with the Secretary of the Treasury as additional col-
lateral security for loans, first consolidated mortgage general lien
bonds and refunding and improvement mortgage bonds, series A
and B; to pledge all or any part of refunding and improvement
mortgage bonds, series A and B, as collateral security for any notes
which may be issued within limitations of paragraph (9) of section
20a of the act without commission's authorization therefor having
first been obtained; and to pledge temporarily with the Secretary of
the Treasury first consolidated mortgage lien bonds, granted. Bonds
of E. R. R., 282.

Authority to pledge and repledge, from time to time, first consolidated
mortgage general lien bonds and general-mortgage convertible bonds,
series B and D, as collateral security for any notes that may be is-
sued under paragraph (9) of section 20a of the act without com-
mission's authorization therefor having first been obtained, granted.
Bonds of E. R. R., 318.

Florida East Coast Ry. Co., authority to issue first and refunding mort-
gage bonds, to be sold and proceeds used to reimburse its treasury for
expenditures for additions and betterments, granted. Securities of F.
E. C. Ry., 693.

Florida Western & Northern R. R. Co., authority to issue first-mortgage
sinking-fund gold bonds, series A, said bonds to be sold and proceeds used
for acquisition and construction of lines of railroad, granted. Securi-
ties of F. W. & N. R. R., 539.

Galveston, Harrisburg & San Antonio Ry. Co., authority to issue Galves-
ton-Victoria division first-mortgage bonds to be delivered to Southern
Pacific Co. in partial settlement of advances made for additions and
betterments to applicant's property, granted. Bonds of G., H. & S. A.
Ry., 824.

BONDS-Continued.

Great Northern Ry. Co., authority to sell general-mortgage bonds, series
C, authentication and delivery of which was authorized in 79 I. C. C.
727, for purpose of reimbursing its treasury for expenditures for cor-
porate purposes, granted. Bonds of G. N. Ry., 66.
Hocking Valley Ry. Co., authority to issue general-mortgage bonds, series
A, part thereof to be pledged with Director General of Railroads as
collateral security for a note, in connection with funding of its in-
debtedness to him for additions and betterments to its property and
those of its subsidiaries, and remainder to be held in its treasury,
granted. H. V. Bonds, 353.

International-Great Northern R. R. Co.:

Authority to procure authentication and delivery of first-mortgage
bonds, series A, for purpose of reimbursing its treasury for ex-
penditures for capital purposes, said bonds to be pledged and re-
pledged from time to time as collateral security for any notes that
may be issued under paragraph (9) of section 20a of the act with-
out commission's authorization therefor having first been obtained,
granted. Bonds of I.-G. N. R. R., 197.

Authority to pledge first-mortgage gold bonds, series A, as part of
bonds heretofore authorized to be authenticated and delivered in
90 I. C. C. 197, in connection with the giving of a supersedeas bond,
or with the Texas Co. direct in lieu of such bonds, granted. Bonds
of I.-G. N. R. R., 507.

Authority to issue secured gold notes for purpose of funding certain
indebtedness to the United States, and to pledge first-mortgage gold
bonds, series A, as collateral security therefor, granted. I.-G. N.
Notes and Bonds, 525.

Lehigh & New England R. R. Co., authority to issue general-mortgage
bonds, series B, to be sold and proceeds used to reimburse its treasury
for addition and betterment expenditures, granted. Bonds of L. & N.
E. R. R. 379.

Lehigh Valley R. R. Co., authority to sell general consolidated mortgage
bonds for purpose of redeeming outstanding maturing collateral trust
gold bonds, granted. Bonds of L. V. R. R., 537.
Louisiana Ry. & Nav. Co. of Texas, authority to issue first-mortgage
bonds, to be delivered to William Edenborn in payment for property to
be acquired, granted. Securities of L. Ry. & Nav. Co. of Texas, 229.
Louisville & Nashville R. R. Co., authority to procure authentication and
delivery of first and refunding mortgage bonds, series C, to reimburse
its treasury for expenditures for additions, betterments, and equipment,
part of said bonds to be exchanged for a like amount of series B bonds
now held in its treasury, part to be issued in retiring a like amount of
general-mortgage bonds of the Newport & Cincinnati Bridge Co., and
remainder sold to provide working capital, granted. Bonds of L. & N.
R. R., 667.

Maryland & Delaware Coast Ry. Co., authority to issue first-mortgage
sinking-fund bonds, to be sold and proceeds used to complete payment
for acquired property formerly owned by Maryland, Delaware & Virginia
Ry. Co., and for equipment, rehabilitation, and working capital, granted.
Securities of M. & D. C. Ry., 576.

BONDS-Continued.

Minneapolis, St. Paul & Sault Ste. Marie Ry. Co., together with Wiscon-
sin Central Ry. Co., authorized to assume joint and several obligation
and liability in respect of the payment of interest on first and refunding
mortgage bonds now held by, and others authenticated and delivered to,
the Central Company. W. C. Ry. Securities, 89.

Minnesota Western R. R. Co., authority to issue first-mortgage bonds, in
connection with the reorganization of the Electric Short Line Ry. Co.,
granted. Acquisition of Line by M. W. R. R., 637.

Missouri-Kansas-Texas R. R. Co., authority to issue secured gold notes for
purpose of funding indebtedness for additions and betterments, and to
pledge prior-lien mortgage gold bonds, series C, as collateral security
therefor, granted. Securities of M.-K.-T. R. R., 442.
Missouri Pacific R. R. Co.:

Authority to procure authentication and delivery of first and refund-
ing mortgage bonds, series D, for purpose of reimbursing its
treasury for expenditures in acquiring Pine Bluff & Western R. R.
Co. first-mortgage bonds, and for additions and betterments,
granted; part of series D bonds to be pledged and repledged, from
time to time as collateral security for any notes that may be issued
within limitations of paragraph (9) of section 20a of the act with-
out commission's authorization therefor having first been obtained.
Bonds of M. P. R. R., 436.

Authority to issue three-year secured gold notes, to be sold and
proceeds used to reimburse its treasury, in part, for expenditures
made in retiring matured bonds and for additions and better-
ments to its property, and to pledge first and refunding mortgage
bonds, series D, as collateral security therefore, granted. Notes
and Bonds of M. P. R. R., 439.

New Orleans, Texas & Mexico Ry. Co.:

Authority to issue first-mortgage bonds, series A and B, part of the
series A bonds to be sold and proceeds used to retire outstanding
bonds, part to provide funds to be used in purchasing securities
of the Houston & Brazos Valley Ry., and remainder to be ex-
changed for and pledged in lieu of old first-mortgage bonds, and
the series B bonds to be exchanged for a like amount of non-
cumulative income bonds, granted. Bonds of N. O., T. & M.
Ry., 84.

Upon supplemental report, authority to substitute new first-mortgage
series A 52 per cent bonds for old first-mortgage series A 6 per
cent bonds which are to be retired as collateral security for loan
heretofore made under section 210 of the transportation act, 1920,
granted. Previous report, 67 I. C. C. 219. Loan to N. O., T. & M.
Ry., 417.

New York, Chicago & St. Louis R. R. Co.:

Authority to procure authentication and delivery of refunding-mort-
gage bonds, series A, said bonds to be sold and proceeds used for
lawful corporate purposes, and, pending their sale, to pledge and
repledge, from time to time, all or any part thereof as collateral
security for any notes which may be issued under paragraph (9)
of section 20a of the act without the commission's authority first
having been obtained, or as collateral security for any short-term
loans for which no evidences of indebtedness shall be given,
granted. Bonds of N. Y., C. & St. L. R. R., 200.

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