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" Commission shall, in connection with its approval thereof, also certify that such railroad, on the basis of present and prospective earnings, may reasonably be expected to meet its fixed charges, without a reduction thereof through judicial reorganization... "
Interstate Commerce Commission Reports: Reports and Decisions of the ... - Page 109
by United States. Interstate Commerce Commission - 1937
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To Extend the Functions of the Reconstruction Finance Corporation: Hearings ...

United States. COngress. House. Banking and Currency Committee - 1935 - 108 pages
...trusteeship, the Interstate Commerce Commission shall, in connection with its approval thereof, also certify that such railroad, on the basis of present...reduction thereof through judicial reorganization, except that such certificate shall not be required in case of such loans made for the maintenance of,...
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To Extend the Functions of the Reconstruction Finance Corporation: Hearings ...

United States. Congress. House. Committee on Banking and Currency - 1935 - 112 pages
...trusteeship, the Interstate Commerce Commission shall, in connection with its approval thereof, also certify that such railroad, on the basis of present...reduction thereof through judicial reorganization, except that such certificate shall not be required in case of such loans made for the maintenance of,...
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To Extend the Functions of the Reconstruction Finance Corporation, Hearing ...

United States. Congress. Senate. Banking and Currency Committee - 1935 - 40 pages
...trusteeship, the Interstate Commerce Commission shall, in connection with its approval thereof, also certify that such railroad, on the basis of present...reduction thereof through judicial reorganization, except that such certificate shall not be required in case of such loans made for the maintenance of,...
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Investigation of Railroad Financing: Hearings...on S.Res. 71...Mar. 20-27, 1935

United States. U.S. Congress. Senate. Committee on interstate commerce - 1935 - 192 pages
...receivership, the Interstate Commerce Commission shall in connection with its approval thereof also certify that such railroad on the basis of present...reduction thereof through judicial reorganization. I am at a loss to know what kind of reorganization could be had without cutting fixed charges. Mr....
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Congressional Serial Set, Issue 9878

1935 - 1036 pages
...case of loans to, or the purchase or guarantee of obligations of, railroads not in receivership, to certify that such railroad, on the basis of present...reasonably be expected, to meet its fixed charges without the necessity of a reduction thereof through judicial reorganization. This certificate is not required...
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Investigation of Railroads, Holding Companies, Affiliated ..., Parts 23-25

United States. Congress. Senate. Committee on Interstate Commerce - 1937 - 1308 pages
...hereby referred to and made a part hereof: It is hereby certified, That the Erie Railroad Company, on the basis of present and prospective earnings, may reasonably be expected to meet its fixed charge! without a reduction thereof through judicial reorganization; It is further certified, That...
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Loans to Railroads by Reconstruction Finance Corporation: Hearings...75th ...

United States. Congress. House. Committee on Banking and Currency - 1938 - 104 pages
...trusteeship, the Interstate Commerce Commission shall, in connection with its approval thereof, also certify that such railroad, on the basis of present...charges, without a reduction thereof through judicial reorganisation, except that no such certification shall be required in the case of any loan, purchase,...
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Loans to Railroads by Reconstruction Finance Corporation: Hearings Before ...

United States. Congress. House. Banking and Currency Committee - 1938 - 106 pages
...trusteeship, the Interstate Commerce Commission shall, in connection with its approval thereof, also certify that such railroad, on the basis of present...charges, without a reduction thereof through judicial reorganizations, except that no such certification shall be required in the case of any loan, purchase,...
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Railway Age, Volume 104

1938 - 676 pages
...the present requirement be suspended that the Interstate Commerce Commission in approving loans must certify that such railroad on the basis of present and prospective earnings may be reasonably expected to meet its fixed charges without reduction thereof through judicial reorganization,...
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Omnibus Transportation Bill: Hearings Before the Committee on Interstate and ...

United States. Congress. House. Committee on Interstate and Foreign Commerce - 1939 - 974 pages
...trusteeship the Interstate Commerce Commission shall, in connection with its approval thereof, also certify that such railroad, on the basis of present...reduction thereof through judicial reorganization, except that such certificates shall not be required in case of such loans made for the maintenance...
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