Interstate Commerce Commission Reports: Reports and Decisions of the Interstate Commerce Commission of the United States, Volume 230L.K. Strouse, 1939 |
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Common terms and phrases
5-percent bonds accrued agreement applicant applicant's approved approximately authority Baltimore & Ohio bondholders branch line capital stock carloads cars Chicago coal COMMISSION DIVISION COMMISSIONERS MEYER committee cost County court debtor December deposit dividends equipment estimated extending filed first-mortgage 5-percent first-mortgage bonds fixed charges freight future public convenience hereinafter holders Honeoye Falls I. C. C. FINANCE DOCKET Idaho Springs income interest January lease Lehigh Valley Railroad less-than-carload line of railroad loan MAHAFFIE BY DIVISION maintenance maturity ment miles Missouri Pacific Railroad months of 1938 mortgage mortgage bonds November operating expenses outstanding Pacific passenger payable payment pledged preferred stock principal amount prior-lien proceedings proposed pursuant rail Railroad Company Railway Company railway operating received Reconstruction Finance Corporation refunding reorganized company Rutland Railroad section 77 securities segment Sevierville Silver Plume sinking fund taxes Terminal thereof tion tons track trackage rights truck Trust Company trustee York Central Railroad
Popular passages
Page 223 - After such hearing, and without any hearing if no objections are filed, the judge shall approve the plan if satisfied that : (1) It complies with the provisions of subsection (b) of this section, is fair and equitable, affords due recognition to the rights of each class of creditors and stockholders...
Page 223 - ... shall provide for fixed charges (including fixed interest on funded debt, interest on unfunded debt, amortization of discount on funded debt, and rent for leased railroads) in such an amount that, after due consideration of the probable prospective earnings of the property in light of its earnings experience and all other relevant facts, there shall be adequate coverage of such fixed charges by the probable earnings available for the payment thereof...
Page 223 - Interest on funded debt Interest on unfunded debt Amortization of discount on funded debt Maintenance of investment organization Income transferred to other companies Miscellaneous income charges Total deductions from gross income...
Page 262 - Any such railroad may obligate itself in such form as shall be prescribed and otherwise comply with the requirements of the Interstate Commerce Commission and the corporation with respect to the deposit or assignment of security hereunder, without the authorization or approval of any authority, State or Federal, and without compliance with any requirement, State or Federal, as to notification...
Page 87 - Within such maximum limits as are fixed by the Commission, the judge may make an allowance, to be paid out of the debtor's estate, for the actual and reasonable expenses (including reasonable attorney's fees) incurred in connection with the proceedings and plan...
Page 521 - Every obligation, heretofore or hereafter incurred, whether or not any such provision is contained therein or made with respect thereto, shall be discharged upon payment, dollar for dollar, in any coin or currency which at the time of payment is legal tender for public and private debts.
Page 109 - At a General Session of the Interstate Commerce Commission, held at its office in Washington, DC, on the 19th day of May AD 1914.
Page 223 - Commission, the judge may make an allowance, to be paid out of the debtor's estate, for the actual and reasonable expenses (including reasonable attorney's fees) incurred in connection with the proceedings and plan by parties in interest and by reorganization managers and committees or other representatives of creditors and stockholders...
Page 483 - Upon confirmation of a plan the Commission shall, without further proceedings, grant authority for the issue of any securities, assumption of obligations, transfer of any property, sale, consolidation or merger of the debtor's property, or pooling of traffic, to the extent contemplated by the plan and not inconsistent with the provisions and purposes of chapter 1 of Title 49 as on August 27, 1935, or thereafter amended.
Page 687 - An Act to establish a uniform system of bankruptcy throughout the United States," as amended, is hereby amended to read as follows: "Ssc.