Interstate Commerce Commission Reports: Reports and Decisions of the Interstate Commerce Commission of the United States, Volume 328L.K. Strouse, 1967 - Interstate commerce |
Contents
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Common terms and phrases
abandonment agreement Alphabet Route appendix applicant applicant's approval approximately assets average bonds Burlington capital stock carloads cars Central certificates of deposit Chicago Commission common carrier competition connection convenience and necessity cost current liabilities depreciation Discontinuance of Trains East Peoria effect employees equipment estimated ferry filed Finance Docket fixed charges freight Illinois Terminal income Interstate Commerce Act issue joint facility Kansas City liabilities locomotive loss Louis Mackinaw City merger miles million Milwaukee months of 1965 North Western Northern Lines out-of-pocket out-of-pocket expenses Pacific Railroad passenger service passenger trains percent points principal amount prior report proceeding protestants public convenience public interest rail Railroad Company Railway Company record respect result Rock Island routes savable schedules section 5(2 served shippers Southern Pacific station subject trains substantial tion TP&W trackage rights tracks traffic transaction transportation Tucumcari Union Pacific Western Maryland White River Junction York
Popular passages
Page 618 - ... any dealings in securities, supplies, or other articles of commerce, or shall make or have any contracts for construction or maintenance of any kind to the amount of more than $50,000 in the aggregate in any one year with another corporation, firm, partnership, or association when the said common carrier shall have upon its board of directors or as its president, manager, or as its purchasing or selling officer, or agent in the particular transaction, any person who is at the same time a director,...
Page 528 - If the Commission finds that, subject to such terms and conditions and such modifications as it shall find to be just and reasonable...
Page 412 - ... (4) unless the Commission finds that the prospective earning power of the applicant carrier, together with the character and value of the security pledged, if any, furnish reasonable assurance of the applicant's ability to repay the loan within the time fixed therefor and reasonable protection to the United States.
Page 618 - ... or agent in the particular transaction, any person who is at the same time a director, manager, or purchasing or selling officer of, or who has any substantial interest in, such other corporation, firm, partnership or association, unless and except such purchases shall be made from, or such dealings shall be with, the bidder whose bid is the most favorable to such common carrier, to be ascertained by competitive bidding under regulations to be prescribed by rule or otherwise by the Interstate...
Page 363 - Upon confirmation of a plan the Commission shall, without further proceedings, grant authority for the issue of any securities, assumption of obligations, transfer of any property, sale, consolidation or merger of the debtor's property, or pooling of traffic, to the extent contemplated by the plan and not inconsistent with the provisions and purposes of the Interstate Commerce Act as now or hereafter amended.
Page 334 - ... carriers, on such terms and for such compensation as the carriers affected may agree upon, or, in the event of a failure to agree, as the Commission may fix as just and reasonable for the use so required, to be ascertained on the principle controlling compensation in condemnation proceedings.
Page 545 - New occasions teach new duties ; Time makes ancient good uncouth ; They must upward still, and onward, who would keep abreast of Truth ; Lo, before us gleam her camp-fires ! we ourselves must Pilgrims be, Launch our Mayflower, and steer boldly through the desperate winter sea, Nor attempt the Future's portal with the Past's blood-rusted key.
Page 444 - Act over or by means of such additional or extended line of railroad, unless and until there shall first have been obtained from the Commission a certificate that the present or future public convenience and necessity require or will require the construction, or operation, or construction and operation, of such additional or extended line...
Page 677 - No transaction which contemplates a guaranty or assumption of payment of dividends or of fixed charges, shall be approved by the Commission under this paragraph except upon a specific finding by the Commission that such guaranty or assumption is not inconsistent with the public interest.
Page 334 - If the Commission finds it to be in the public interest and to be practicable, without substantially impairing the ability of a carrier owning or entitled to the enjoyment of terminal facilities to handle its own business...