To Suspend Railroad Consolidation: Hearings...on S.J. REs. 161...April 15-24, 1930 |
Altre edizioni - Visualizza tutto
Parole e frasi comuni
application approval Attica authority Baltimore & Ohio Burlington CAIN carriers cent CHAIRMAN Chicago Commissioner BRAINERD Commissioner EASTMAN Commissioner McMANAMY Commissioner PORTER committee competition Congress consolida DOAK effect employees fact freight going hearing HINES holding companies interstate commerce act Interstate Commerce Commission JURGENSEN labor legislation LISMAN Louis matter merger miles Milwaukee Minneapolis Minnesota Missouri Pacific northern lines Northern Pacific Northern Pacific Railway Northern R. R. Northern-Northern Pacific operation Pennsylvania Prattsburg present proposed public interest Purchase of stock question R. R. Co rates Representative KNUTSON resolution RICHBERG roads Santa Fe Senator BARKLEY Senator BROOKHART Senator DILL Senator FESS Senator HAWES Senator HOWELL Senator KEAN Senator PITTMAN Senator TYDINGS Senator WAGNER Senator WHEELER short lines short-line railroads situation statement Supreme Court suspend Terminal territory Texas thing tion traffic transportation act Union Pacific Western WILLARD York Central
Brani popolari
Pagina 58 - This section shall not apply to corporations purchasing such stock solely for investment and not using the same by voting or otherwise to bring about, or in attempting to bring about, the substantial lessening of competition. Nor shall anything contained in this section prevent a corporation engaged in commerce from causing the formation of subsidiary corporations for the actual carrying on of their immediate lawful business, or the natural and legitimate branches or extensions...
Pagina 58 - Commission shall acquire the whole or any part of the assets of one or more corporations engaged in commerce, where in any line of commerce in any section of the country, the effect of such acquisition, of such stocks or assets, or of the use of such stock by the voting or granting of proxies or otherwise, may be substantially to lessen competition, or to tend to create a monopoly.
Pagina 196 - Commission shall initiate, modify, establish or adjust such rates so that carriers as a whole (or as a whole in each of such rate groups or territories as the Commission may from time to time designate) will, under honest, efficient and economical management and reasonable expenditures for maintenance of way, structures and equipment...
Pagina 378 - Commission, by one of such carriers of the control of any other such carrier or carriers either under a lease or by the purchase of stock or in any other manner not involving the consolidation of such carriers into a single system for ownership and operation...
Pagina 196 - ... the Commission shall by order prescribe the just, reasonable, and equitable divisions thereof to be received by the several carriers...
Pagina 423 - That whenever the Commission is of opinion, after hearing upon application of any carrier or carriers engaged in the transportation of passengers or property subject to this Act, or upon its own initiative, that the division of their traffic or earnings, to the extent indicated by the Commission...
Pagina 100 - ... naturally come to the public under the operation of the general laws of competition, as between the Great Northern and Northern Pacific Railway companies, will be lost, and the entire commerce of the immense territory in the northern part of the United States between the Great Lakes and the Pacific at Puget Sound will be at the mercy of a single holding corporation, organized in a State distant from the people of that territory.
Pagina 435 - Any construction, operation, or abandonment contrary to the provisions of this paragraph or of paragraph (18) or (19) of this section may be enjoined by any court of competent jurisdiction at the suit of the United States, the Commission, any commission or regulating body of the State or States affected, or any party in interest...
Pagina 424 - Commission, as provided in subdivision (b) — (i) For two or more carriers to consolidate or merge their properties or franchises, or any part thereof* into one corporation for the ownership, management, and operation of the properties theretofore in separate ownership...
Pagina 419 - The bonds at par of the corporation which is to become the owner of the consolidated properties, together with the outstanding capital stock at par of such corporation, shall not exceed the value of the consolidated properties as determined by the Commission.