Interstate Commerce Commission Reports: Reports and Decisions of the Interstate Commerce Commission of the United States, Volume 257L.K. Strouse, 1944 - Interstate commerce |
Contents
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Common terms and phrases
4-percent bonds additional agreement Alleghany Corporation applicant approved assets available net income bondholders carrier cash certificates Chicago claims collateral collateral-trust committee common stock competitive bidding compromise plan consummation contingent interest court creditors debtor December 31 Delaware company distribution dividends earnings effective date equipment equipment-trust Finance Corporation first-mortgage bonds freight general-mortgage bonds hereinafter holders Interstate Commerce Act issued January lease lien line of railroad maturity ment merger miles Missouri Pacific Missouri Pacific Railroad modified mortgage bonds obligation and liability Oklahoma operation Orleans outstanding paid pany par value payable payment plan of reorganization pledged preferred stock principal amount prior properties proposed purchase Railroad Company Railway Company receive Reconstruction Finance Corporation redemption refunding mortgage Rensselaer reorganization managers reorganized company respect Rock Island scrip securities series A bonds sinking fund stockholders taxes terminal company thereof tion trackage rights traffic unpaid interest voting trustees York company
Popular passages
Page 691 - Commission shall be requested to appoint the third appraiser. A decision of a majority of the appraisers shall be required and said decision shall be final and conclusive. The salary and expenses of the third or neutral appraiser, including the expenses of the appraisal board, shall be borne equally by the parties to the proceedings. All other expenses shall be paid by the party incurring them, including the salary of the appraiser selected by such party.
Page 126 - ... 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 130 - ... the need, in the public interest, of adequate and efficient railway transportation service at the lowest cost consistent with the furnishing of such service ; and to the need of revenues sufficient to enable the carriers, under honest, economical, and efficient management to provide such service.
Page 385 - If the employee is under a contract to purchase his home, the employing carrier shall protect him against loss to the extent of the fair value of any equity he may have in the home and in addition shall relieve him from any further obligations under his contract.
Page 385 - ... is required to move his place of residence, shall be reimbursed for all expenses of moving his household and other personal effects...
Page 126 - The Commission shall make such order only if it finds that such issue or assumption...
Page 127 - The Commission shall have power by its order to grant or deny the application as made, or to grant it in part and deny it in part, or to grant it with guch modifications and upon such terms and conditions as the Commission may deem necessary or appropriate in the premises...
Page 194 - ... of the carrier or carriers by railroad affected by such order being in a worse position with respect to their employment, except that the protection afforded to any employee pursuant to this sentence shall not be required to continue for a longer period, following the effective date of such order...
Page 383 - ... his seniority rights under existing agreements, rules and practices, to obtain a position producing compensation equal to or exceeding the compensation he received in the position from which he was displaced...
Page 60 - 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.