Study of Reconstruction Finance Corporation, Hearings Before a Subcommittee of ..., 81-2 ..., Texmas Loan, April 13, 22, and 27, 19501949 - 270 pages |
From inside the book
Results 1-5 of 54
Page 4
... note in this connection that the management of Texmass Petroleum Co. , in a prospectus filed with the Securities and Exchange Commission , has stated " On the basis of current income and operating and overhead expenses of the presently ...
... note in this connection that the management of Texmass Petroleum Co. , in a prospectus filed with the Securities and Exchange Commission , has stated " On the basis of current income and operating and overhead expenses of the presently ...
Page 8
... notes securing the loan should mature in 10 years . Your letter recognizes that the law clearly requires the board of directors of the Reconstruction Finance Corporation to be responsible for all business judgments made in the conduct ...
... notes securing the loan should mature in 10 years . Your letter recognizes that the law clearly requires the board of directors of the Reconstruction Finance Corporation to be responsible for all business judgments made in the conduct ...
Page 14
... note . Based upon recent reports by petroleum engineers , it appears that the developed oil and gas reserves and the reserves contained in the proven but undeveloped acreage controlled and to be controlled by the company are ...
... note . Based upon recent reports by petroleum engineers , it appears that the developed oil and gas reserves and the reserves contained in the proven but undeveloped acreage controlled and to be controlled by the company are ...
Page 19
... Notes payable : " Second National Bank , Boston , $ 200 , - 000 ; John P. Bogdan , $ 4,500 ; Miscellaneous , $ 74,617 . Then , under " Other liabilities ' : Accounts payable , $ 340,382 ; ad- vances to be repaid , $ 135,801 . Then ...
... Notes payable : " Second National Bank , Boston , $ 200 , - 000 ; John P. Bogdan , $ 4,500 ; Miscellaneous , $ 74,617 . Then , under " Other liabilities ' : Accounts payable , $ 340,382 ; ad- vances to be repaid , $ 135,801 . Then ...
Page 38
... NOTE . Mr. R. E. Burton is Chief Engineer , Engineer and Appraisal Service , Office of Loans . Mr. Morris Porter is secretary , Texmass Petroleum Co. ( per letter dated July 12 , 1949 , signed by Porter ) . Mr. Melvin M. Garrett ...
... NOTE . Mr. R. E. Burton is Chief Engineer , Engineer and Appraisal Service , Office of Loans . Mr. Morris Porter is secretary , Texmass Petroleum Co. ( per letter dated July 12 , 1949 , signed by Porter ) . Mr. Melvin M. Garrett ...
Common terms and phrases
accounts payable Agency Manager amount applicant company appraisal approved assets basis believe Board of Directors borrower capital cash cents a barrel CONSIDINE correct cost creditors Dallas debentures Debit decline developed disbursement drilling DUNHAM equipment estimate examiner Fagadau fair market value figures Garrett gas reserves geologist GLIDDEN GUNDERSON hereof HISE income indebtedness Investors Group Keplinger leasehold leases letter liabilities loan value Midway Oils MURRELL National Cooperative Refinery notes payable oil and gas oil business oil reserves operating opinion paragraph participate percent petroleum engineer Petroleum Reserve Corp present production properties prospectus proven question reason recommended Reconstruction Finance Corporation record referred rehabilitation repayment Republic National Bank Republic Steel Corp requested review committee RFC loan RONAN schedule secured Senator DOUGLAS Senator FULBRIGHT September 15 Snowden statement subcommittee Swiss Oil Texas Texmass loan Texmass Petroleum Texmass Petroleum Co tion Total undeveloped reserves voting White
Popular passages
Page 106 - ... of such sound value or so secured as reasonably to assure retirement or repayment, and such loans may be made either directly or in cooperation with banks or other lending institutions through agreements to participate or by the purchase of participations or otherwise.
Page 1 - The report shall also show specifically any program, expenditure, or other financial transaction or undertaking observed in the course of the audit, which, in the opinion of the Comptroller General, has been carried on or made withouth authority of law.
Page 1 - Office in accordance with the principles and procedures applicable to commercial corporate transactions and under such rules and regulations as may be prescribed by the Comptroller General of the United States. The audit shall be conducted at the place or places where accounts of the Corporation are normally kept.
Page 60 - Senate and House of Representatives and to all other public officials concerned with the Forks Site project. Adopted this 19th day of April 1966.
Page 1 - The report shall set forth the scope of the audit and shall include a statement (showing intercorporate relations) of assets and liabilities, capital and surplus or deficit ; a statement of surplus or deficit analysis; a statement of income and expense; a...
Page 12 - At this point I would like to offer for the record a letter...