Street Railway Merger: Hearings ... on S.J. Res. 13 ...

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U.S. Government Printing Office, 1932 - 148 pages
 

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Page 114 - ... and discuss in the committee matters of procedure. I will say that I am informed by Comptroller General McCarl's office that his report with regard to the construction of certain school buildings — it may be limited to the Western High School — will be ready for this committee in about two weeks. (Thereupon a short recess was taken, at the conclusion of which the following proceedings were had:) Mr.
Page 8 - Columbia, shall have all the powers, benefits, and obligations expressed in said unification agreement, approved as aforesaid; and that the Public Utilities Commission of the District of Columbia be, and is hereby, authorized and directed to do all such acts and things as may be necessary or appropriate on its part to carry out the provisions of said agreement and of this resolution.
Page 132 - Mr. Commissioner, I will just state a fact or two which are conceded and then I will ask you a question. It is conceded that the charters of the Capital Traction Co. and the Washington Railway & Electric Co. and the enabling act which authorized them to do business provided that they can not charge over 5-cent fare.
Page 81 - Department that, in so far as the financial program of the President is concerned, there is «138»— 29— No.
Page 132 - We do not know that there will be competition to furnish power, but there might be. The CHAIRMAN. The hearing is concluded, and we are very much obliged to the gentlemen who have contributed to the occasion. Senator KING. I move that we go into executive session, Mr. Chairman. The CHAIRMAN. You have heard the motion. Without objection, we will go into executive session. (Thereupon the committee went into executive session. (The following letters and documents were subsequently submitted for inclusion...
Page 32 - An act relating to certain railway corporations owning or operating street railways in the District of Columbia.
Page 4 - Directors of the New Company shall consist of fifteen persons. Of the fifteen original directors, seven shall be nominated by the Washington Company, seven by the Capital Company and one, to hold office for two years, shall be agreed upon by the fourteen nominated as above. Of the directors so to be initially nominated by the Capital Company, five shall hold office for three years and two shall hold office for two years. Of the directors so to be initially nominated by the Washington Company two...
Page 9 - An Act making appropriations for the support of the Army for the fiscal year ending June 30, 1917, and for other purposes...
Page 9 - ... certain unification agreement on terms and conditions agreed upon by vote of more than a majority in amount of the stock of the respective corporations and approved by the Public Utilities Commission of the District of Columbia on April 13, 1928, such unification in accordance with said agreement dated as of April 7, 1928, and each and every of the provisions therein, be, and the same are hereby, ratified and approved, and said Capital...
Page 6 - ... bonds due August 1. 1948; (2) First mortgage of the Anacostia and Potomac River Railroad Company, dated April 1. 1899, made to the Baltimore Trust and Guaranty Company, as trustee, securing $2,964,000 principal amount of 5 per centum bonds due in April 1.

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