Amendment to Section 10 of the Clayton ActU.S. Government Printing Office, 1921 - Railroad law |
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60 days advantage advertise for bids amend section amount approve articles of commerce ask for bids BARKLEY bidder calendar CHAIRMAN Clayton Act Clayton Antitrust Act competitive bidding concern Congress consider contracts corporation or company date of section dealings in materials December 31 DENISON DOREMUS effective date eliminated favorable bid fiscal agent Frelinghuysen bill full committee further postponement identity of interest interstate commerce act Interstate Commerce Commission issuance of stocks Judge Sims Judiciary Committee jurisdiction labor limitation matter mittee noncarrier corporation pany paragraph parent company perhaps PLUMB postponed the effective presented proposed provisions of section purchasing or selling question quired railroad companies railway refunding plans repeal of section reported section 20a securities selling officer Senate committee Senator STANLEY session statement stockholder stocks and bonds subcommittee subsidiary substantial interest suggestion thing thought tion transportation act gave trust Act whole subject wholly impracticable WINSLOW
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Page 23 - ... 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, manager, or purchasing or selling officer of, or who has any substantial interest in such other corporation, firm, partnership, or association...
Page 13 - Mr. STOCKTON. I do not know of any. I do not know of any specific program. Mr. ABRAMS. IVS at this time has some 20 people working in the school program — that is consistent with its past history and past schooling program. Then, IVS has not aimed any program or has not been...
Page 26 - After this section takes effect it shall be unlawful for any officer or director of any carrier to receive for his own benefit, directly or indirectly, any money or thing of value in respect of the negotiation, hypothecation, or sale of any securities issued or to be issued by such carrier, or to share in any of the proceeds thereof, or to participate in the making or paying of any dividends of an operating carrier from any funds properly included in capital account.
Page 17 - ... fact that we make some of them here and others we can not make; so that they are classified naturally. Mr. COLLET. I must contradict the previous speaker in regard to that. The CHAIRMAN. Why can you not classify them? Mr. COLLET. Impossible; and I must contradict the previous speaker. The CHAIRMAN. Perhaps I misunderstood you, but I understood you to say that the present duty had injured your business. Mr. COLLET. Yes. The CHAIRMAN. The duty under the McKinley Act of 1890 was the same — 50...
Page 17 - I have no doubt about that, and I have no doubt that it is an act considered as inimical to the carriers...