Interstate Commerce Commission Reports: Reports and Decisions of the Interstate Commerce Commission of the United States, Volume 193L.K. Strouse, 1933 - Interstate commerce |
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Page 21
... objection to the application has been offered . The Winter Quarters spur was used for many years to serve coal mines of the Utah Fuel Company . In 1928 these mines were dis- continued and all mine machinery was moved from Winter ...
... objection to the application has been offered . The Winter Quarters spur was used for many years to serve coal mines of the Utah Fuel Company . In 1928 these mines were dis- continued and all mine machinery was moved from Winter ...
Page 29
... objection to the application has been offered . The trackage - rights operation sought to be abandoned is pursuant to an agreement of October 9 , 1917 , between the Frisco and the applicant , by which the latter is granted bridge rights ...
... objection to the application has been offered . The trackage - rights operation sought to be abandoned is pursuant to an agreement of October 9 , 1917 , between the Frisco and the applicant , by which the latter is granted bridge rights ...
Page 31
... objection to the application has been offered . The Potts Creek branch , which extends from Covington , Va . , to Bess , 19.7 miles , was completed in 1908. That part which extends from Covington to the northerly end of the part to be ...
... objection to the application has been offered . The Potts Creek branch , which extends from Covington , Va . , to Bess , 19.7 miles , was completed in 1908. That part which extends from Covington to the northerly end of the part to be ...
Page 34
... objection to the substance of this transaction , but in my opinion it is a consolidation , authority for which should be secured under section 5 ( 6 ) , rather than under section 1 ( 18 ) . 193 I.C.C. FINANCE DOCKET No. 9935 ERIE ...
... objection to the substance of this transaction , but in my opinion it is a consolidation , authority for which should be secured under section 5 ( 6 ) , rather than under section 1 ( 18 ) . 193 I.C.C. FINANCE DOCKET No. 9935 ERIE ...
Page 35
... objection to the application has been offered . The applicant represents that for the period prior to November 1 , 1931 , it has made expenditures for additions and betterments to its property , including leased lines , and for ...
... objection to the application has been offered . The applicant represents that for the period prior to November 1 , 1931 , it has made expenditures for additions and betterments to its property , including leased lines , and for ...
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Common terms and phrases
1933 Certificate issued amount applicant applicant's appropriate certificate approved Arizona Eastern Railroad authority Boyne City BRAINERD branch line cancelation of tariffs capital stock carloads carrier cars Certificate issued permitting Chicago coal collateral security COMMISSION DIVISION COMMISSIONERS MEYER common carrier Company to abandon construction convenience and neces cost County December 31 deficit estimated extending filed first-mortgage Fort Benning freight future public convenience gold bonds handled hereinafter highway I.C.C. FINANCE DOCKET interest interstate commerce Interstate Commerce Act Junction lease liabilities line of railroad Louis Southwestern Railway lumber MAHAFFIE BY DIVISION miles months of 1933 no-par stock Ohio operating expenses pany passenger payment percent bonds permission to abandon permit the abandonment Prattville present and future proposed abandonment rail Railway Company Reconstruction Finance Corporation Reconstruction Loan sity permit Southern Pacific Company Southern Pacific Railroad taxes thereof tion tonnage tons track trackage rights traffic truck trustee Waco West Jersey Western
Popular passages
Page 313 - ... unless and until, and then only to the extent that, upon application by the carrier, and after investigation by the Commission of the purposes and uses of the proposed issue and the proceeds thereof, or of the proposed assumption of obligation or liability in respect of the securities of any other person, natural or artificial, the Commission by order authorizes such issue or assumption.
Page 311 - Commission shall make such order only if it finds that such issue or assumption: (a) is for some lawful object within its corporate purposes, and compatible with the public interest, which is necessary or appropriate for or consistent with the proper performance by the carrier of service to the public as a common carrier, and which will not impair its ability to perform that service, and (b) is reasonably necessary and appropriate for such purpose.
Page 523 - 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 526 - In order that the systems herein proposed, or any others that may be formed, may properly perform the functions intended by Congress and that competition may be preserved as required, they must be independent in fact as well as in name. The continuation or acquisition of intersystem Interests directly or indirectly through holding companies, stock ownership, or otherwise, will be inconsistent with the Independence necessary to true competition. Carriers will, therefore, be expected to observe...
Page 544 - Statement that no agreement has been or will be made by the applicant to pay any person, association, firm, or corporation, either directly or indirectly, any commission or fee for the loan applied for and that no such payments have been or will be made by the applicant.
Page 310 - Improvements on leased railway property. Deposits in lieu of mortgaged property sold Miscellaneous physical property Investments in affiliated companies Other investments . . . . CURRENT ASSETS: Cash Demand loans and deposits . . Special deposits Traffic and car service balances receivable Agents...
Page 445 - Bell company of the telephone properties of the vendors, in accordance with the terms of the option contract, a copy of which is filed with the application, will be of advantage to the persons to whom service is to be rendered and in the public interest. A certificate to that effect will be issued. CERTIFICATE. A hearing and investigation of the matters and things involved in this proceeding having been had, and said Division having, on the date hereof, made and filed a report containing...
Page 478 - ... prosperity of the system as a whole. The point at which abandonment shall be considered justifiable is a matter of sound judgment, and must be determined by the circumstances of each case.
Page 313 - In whole or In part and upon such terms and conditions as it finds necessary or appropriate to secure the maintenance of adequate service and the coordination In the public interest of facilities subject to the jurisdiction of the Commission.
Page 521 - ... right to make all such locations, changes, and alterations as in the judgment of the Southern Company will enable it to operate the demised premises in the public interest and with the greatest economy and efficiency; and the Southern Company shall not be obligated or bound to perform any contractual, statutory or other obligations with reference to such matters which may now or hereafter rest upon the Texarkana Company; and any and all such changes may be made, from time to time, by the Southern...