United States Congressional Serial SetU.S. Government Printing Office, 1935 - United States Reports, Documents, and Journals of the U.S. Senate and House of Representatives. |
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Common terms and phrases
acquired American Gas American Power Associated Gas Bond & Share capital stock capital surplus Cities Service Columbia Gas Commission common stock company's consolidated construction cost debentures December 31 Doherty electric and gas Electric Bond Electric Co Electric Corporation electric energy Electric Power engineering expenses fees financing fixed capital funds Gas & Electric H. M. Byllesby holding companies holding-company groups Hudson Power Corporation Ibid income interest ledger value Light & Power Light Corporation Middle West Utilities Natural Gas Niagara Hudson Power North American Co North American Light Northern States Power operating companies organization outstanding paid panies par value percent Power & Light preferred stock properties Public Service Corporation Public Utilities purchases shares of common sold Standard Gas stock dividends stockholders Stone & Webster subholding companies subsidiary companies tion United Gas Improvement Utility Corporations voting power voting stock write-up York Curb Exchange
Popular passages
Page 186 - This includes cost of preparing and distributing prospectuses, cost of soliciting subscriptions for stock (but not for loans nor for the purchase of bonds or other evidence of indebtedness), cash fees paid to promoters...
Page 283 - The doctrine arose that the investors were entitled to receive the equivalent of a "fair return" on the "fair value" of the property "used and useful
Page 176 - ... securities and the time when the property acquired or the improvement made becomes available for the service for which it is intended. The proportion of discount and expense thus chargeable shall be determined by the ratio between the period prior to the completion or coming into service of the facilities or improvements acquired or constructed and the period of the entire life of the securities issued.
Page 176 - When any bonds, notes, or other evidences of indebtedness are sold, or any interest-bearing debt is incurred for acquisition and construction of original road and equipment, extensions, additions, and betterments, the interest accruing on the part of the debt representing the cost of property chargeable to road and equipment accounts (less interest, if any, allowed by...
Page 246 - a party to a reorganization" includes a corporation resulting from a reorganization and includes both corporations in the case of an acquisition by one corporation of at least a majority of the voting stock and at least a majority of the total number of shares of all other classes of stock of another corporation. (j) Definition of control. — As used in this section the term "control...
Page 4 - The growth of the capital assets and capital liabilities of public utility corporations doing an interstate or International business supplying either electrical energy in the form of power or light or both, however produced, or gas, natural or artificial, of corporations holding the stocks of two or more...
Page 457 - Taxpayers who are granted extensions of time for filing returns will be charged with interest at the rate of 6 percent per annum on the unpaid amount of tax from the original due date until paid.
Page i - ... (5) the value or detriment to the public of such holding companies owning the stock or otherwise controlling such public utility corporations immediately or remotely, with the extent of such ownership or control, and particularly what legislation, if any, should be enacted by Congress to correct any abuses that may exist in the organization or operation of such holding companies.
Page 2 - Subpenas may be issued over the signature of the chairman of the committee or any member of the committee designated by him, and may be served by any person designated by such chairman or member. The chairman of the committee or any member thereof may administer oaths to witnesses.
Page 467 - The losses which this account is intended to cover are those incident to important retirements of buildings, of large sections of continuous structures, like electric line, or of definitely identifiable units of plant or equipment, and the purpose of the account is that the burden of such losses may be as nearly as is practicable equalized from year to year.