Interstate Commerce Commission Reports: Reports and Decisions of the Interstate Commerce Commission of the United States, Volume 217L.K. Strouse, 1937 - Interstate commerce |
Contents
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Common terms and phrases
4-percent accrued interest agreement applicant applicant's appropriate order approved assume obligation August branch line capital stock cars cash Chicago COMMISSION DIVISION COMMISSIONERS MEYER common carrier connection cost County debtor December December 31 demand note equipment equipment-trust certificates estimated exceeding filed first-mortgage freight gold bonds hereinafter I. C. C. FINANCE DOCKET Illinois Central Railroad income Interstate Commerce Interstate Commerce Act January July June lawful object lease lien line of railroad loan MAHAFFIE BY DIVISION maturity miles Missouri Pacific Railroad Missouri Southern Railroad mortgage necessary and appropriate obligation and liability October outstanding pany par value payable payment Pennsylvania percent per annum perform that service permitting abandonment pledged PORTER preferred stock principal amount proposed public interest purchase pursuant rail Railway Company railway operating Reconstruction Finance Corporation redemption reorganization revenues segment shares Southern supplemental taxes terminal thereof tion track trackage rights traffic Trust Company Wisconsin Central Railway
Popular passages
Page 285 - ... attach to the issuance of the certificate such terms and conditions as in its judgment the public convenience and necessity may require.
Page 153 - Every obligation, heretofore or hereafter incurred, whether or not any such provision is contained therein or made with respect thereto, shall be discharged upon payment, dollar for dollar, in any coin or currency which at the time of payment is legal tender for public and private debts.
Page 379 - Connecticut, stating that it was unable to meet its debts as they matured and that it desired to effect a plan of reorganization pursuant to section 77 of chapter VIII of the acts of Congress relating to bankruptcy.
Page 257 - An Act to establish a uniform system of bankruptcy throughout the United States...
Page 109 - Commission shall, in connection with its approval thereof, also certify that such railroad, on the basis of present and prospective earnings, may reasonably be expected to meet its fixed charges, without a reduction thereof through judicial reorganization...
Page 379 - Commission, stating that it is insolvent or unable to meet its debts as they mature, and that it desires to effect a reorganization in connection with...
Page 68 - ... the Corporation, notwithstanding any limitation of law as to maturity, with the approval of the Interstate Commerce Commission, including approval of the price to be paid, may, to aid in the financing, reorganization, consolidation, maintenance, or construction thereof, purchase for itself, or for account of a railroad obligated thereon, the obligations of railroads engaged in interstate commerce...
Page 154 - Chicago, Milwaukee, St. Paul and Pacific Railroad Company (Henry A. Scandrett, Walter J. Cummings and George I. Haight, Trustees) Chicago, Rock Island and Pacific Railway Company (Joseph B.
Page 305 - If after such hearing the Commission finds that, subject to such terms and conditions and such modifications as it shall find to be just and reasonable, the proposed consolidation, merger, purchase, lease, operating contract, or acquisition of control will be in harmony with and in furtherance of the plan for the consolidation of railway properties established pursuant to paragraph (3), and will promote the public interest...
Page 157 - Railroad Company; Henry A. Scandrett, Walter J. Cummings, and George I. Haight, as Trustees of Chicago, Milwaukee, St.