Consolidation of Railwayproperties: Hearings...on S. 2224...May 21, 1924-[Jan. 13, 1925] |
From inside the book
Results 1-5 of 45
Page 2
... period of two years after the passage of the railroad con- solidation act of 1924 ) the railway properties within any system have not been consolidated into one corporation for ownership , management , and opera- tion , the commission ...
... period of two years after the passage of the railroad con- solidation act of 1924 ) the railway properties within any system have not been consolidated into one corporation for ownership , management , and opera- tion , the commission ...
Page 4
... period shall continue for seven years from the passage of the railroad consolidation act of 1924 ( or until the adoption of the plan of con- solidation , if not adopted prior to such time ) . When the period of voluntary action has ...
... period shall continue for seven years from the passage of the railroad consolidation act of 1924 ( or until the adoption of the plan of con- solidation , if not adopted prior to such time ) . When the period of voluntary action has ...
Page 5
... period of voluntary action has expired any carrier or car- riers owning the major part of the main - track mileage within any system ( whether or not such carriers were organized or have become reincorporated as Federal railroad ...
... period of voluntary action has expired any carrier or car- riers owning the major part of the main - track mileage within any system ( whether or not such carriers were organized or have become reincorporated as Federal railroad ...
Page 11
... period , not exceeding thirty days prior to any share- holders ' meeting , during which no transfer of stock shall ... periods fixed in the by - laws ; except that the term of not more than one of the directors elected from the employees ...
... period , not exceeding thirty days prior to any share- holders ' meeting , during which no transfer of stock shall ... periods fixed in the by - laws ; except that the term of not more than one of the directors elected from the employees ...
Page 16
... periods in the last decade when we were stifled for transportation because of the inability of even average good railways ... period of business readjustment . The same thing affects railways to a considerable degree , and when a railway ...
... periods in the last decade when we were stifled for transportation because of the inability of even average good railways ... period of business readjustment . The same thing affects railways to a considerable degree , and when a railway ...
Common terms and phrases
ACTING CHAIRMAN adopted advantage amended approved articles of incorporation average basis bill bring by-laws CAIN capitalization carrier cent class of shares committee competition Congress consideration consolidated systems consolidation of railway cost determine directors earn economy effect Ellison D existing fair return Federal railroad corporation going haul hearings holders income interstate commerce act Interstate Commerce Commission lease matter Mississippi River necessary OLDHAM operating opinion ownership par value paragraph plan of consolidation present law problem proposed public interest purpose question railroad consolidation act railroad systems railway properties requirements respect result ROBINSON route Secretary HOOVER securities Senator CUMMINS Senator FERNALD Senator FESS Senator HOWELL Senator WATSON similar solidation Southern Pacific stockholders strong roads suggestion terminal territory thing Thom tion traffic transportation act United valuation weak roads weaker roads whole York Central
Popular passages
Page 1 - Subject to the foregoing requirements, the several systems shall be so arranged that the cost of transportation as between competitive systems and as related to the values of the properties through which the service is rendered shall be the same, so far as practicable...
Page 91 - Commission, by one of such carriers of the control of any other such carrier or carriers either under a lease or by the purchase of stock or in any other manner not involving the consolidation of such carriers into a single system for ownership and operation...
Page 2 - ... the law of any State or the decision or order of any State authority to the contrary notwithstanding.
Page 44 - Commission shall as soon as practicable prepare and adopt a plan for the consolidation of the railway properties of the continental United States into a limited number of systems.
Page 30 - ... the cost of transportation as between competitive systems and as related to the values of the properties through which the service is rendered shall be the same, so far as practicable, so that these systems can employ uniform rates in the movement of competitive traffic and under efficient management earn substantially the same rate of return upon the value of their respective railway properties.
Page 5 - Commission may from time to time designate) will, under honest, efficient and economical management and reasonable expenditures for maintenance of way, structures and equipment, earn an aggregate annual net railway operating income equal, as nearly as may be, to a fair return upon the aggregate value of the railway property of such carriers held for and used in the service of transportation...
Page 91 - Whenever the Commission is of opinion, after hearing, upon application of any carrier or carriers engaged in the transportation of passengers or property subject to this Act...
Page 24 - There is one other question that I would like to ask you, Mr.
Page 2 - When the Commission has agreed upon a tentative plan, it shall give the same due publicity and upon reasonable notice, including notice to the Governor of each State, shall hear all persons who may file or present objections thereto.
Page 43 - In the exercise of its power to prescribe just and reasonable rates the Commission shall give due consideration, among other factors, to the effect of rates on the movement of traffic...