Interstate Commerce Commission Reports: Reports and Decisions of the Interstate Commerce Commission of the United States, Volume 212L.K. Strouse, 1935 - Interstate commerce |
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Common terms and phrases
5-percent bonds accrued interest agreement applicant applicant's approved April capital stock cars cash Central Railroad Company Chicago Chicago Union Station coal COMMISSION DIVISION COMMISSIONERS MEYER common carrier County coupon bonds court debtor December 31 deficit dividends earnings equipment equipment-trust certificates estimated exceeding filed first-mortgage bonds freight hereinafter I. C. C. FINANCE DOCKET income indenture Interstate Commerce Interstate Commerce Act January July lease lien line of railroad Louis Louis Southwestern Railway MAHAFFIE BY DIVISION maintenance March maturity ment miles Milwaukee months of 1935 mortgage necessary and appropriate obligation and liability operating revenues outstanding Pacific Railroad Company pany par value passenger payable payment percent per annum pledged PORTER preferred stock principal amount pursuant rail Railway Company railway operating Reconstruction Finance Corporation Reconstruction Loan reorganization segment series-B bonds shares sinking fund station company thereof tion tons trackage rights traffic Trust Company trustee York Central Railroad
Popular passages
Page 419 - After such hearing, and without any hearing if no objections are filed, the judge shall approve the plan if satisfied that : (1) It complies with the provisions of subsection (b) of this section, is fair and equitable, affords due recognition to the rights of each class of creditors and stockholders...
Page 419 - ... shall provide for fixed charges (including fixed interest on funded debt, interest on unfunded debt, amortization of discount on funded debt, and rent for leased railroads) in such an amount that, after due consideration of the probable prospective earnings of the property in light of its earnings experience and all other relevant facts, there shall be adequate coverage of such fixed charges by the probable earnings available for the payment thereof...
Page 419 - Interest on funded debt Interest on unfunded debt Amortization of discount on funded debt Maintenance of investment organization Income transferred to other companies Miscellaneous income charges Total deductions from gross income...
Page 539 - An Act to establish a uniform system of bankruptcy throughout the United States...
Page 297 - ... 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 473 - Commission, the judge may make an allowance, to be paid out of the debtor's estate, for the actual and reasonable expenses (including reasonable attorney's fees) incurred in connection with the proceedings and plan by parties in interest and by reorganization managers and committees or other representatives of creditors and stockholders...
Page 420 - Within such maximum limits as are fixed by the Commission, the judge may make an allowance, to be paid out of the debtor's estate, for the actual and reasonable expenses (including reasonable attorney's fees) incurred in connection with the proceedings and plan...
Page 473 - ... the actual and reasonable expenses incurred in connection with the proceedings and plan and reasonable compensation for services in connection therewith by trustees under indentures, depositaries and such assistants as the Commission with the approval of the judge may especially employ.
Page 85 - ... shall provide adequate means for the execution of the plan, which may include the transfer of all or any part of the property of the debtor to another corporation or to other corporations...
Page 473 - ... expenses and fees incident to the reorganization, have been fully disclosed so far as they can be ascertained at the date of such hearing...