To Amend the Interstate Commerce Act: Hearings Before a Subcommittee...on S. 2610...June 26, 27, 28, July 27, 1939
1939 - 167 страници
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accounts acquired acquisition affiliates agreement amended amount annual application approval authorized bank bill bonds carrier or subsidiary carry chairman changes charges Chesapeake & Ohio Chicago classes Commission Commissioner committee Common companies connection contract controlling persons Corporation cost court covered definition directly directors dividends documents effect Erie existing expenditure expenses fact financed finds follows funds Haven hearing holding companies Interstate Commerce Act investments issue language Lehigh Valley loan losses matter means memoranda necessary noncarrier notes obligation officers operating owner Pacific paid paragraph Pennsylvania percent period preferred prescribed present profit proposed provisions purchase questions Railway rates reason received recommendation records regulation relation respect road section 20 securities Senator TRUMAN shares sold statement subcommittee term tion transaction transportation trust United various voting Western York
Страница 24 - ... expended, and the character of such improvements; the earnings and receipts from each branch of business and from all sources; the operating and other expenses; the balances of profit and loss; and a complete exhibit of the financial operations of the carrier each year, including an annual balance sheet.
Страница 21 - That the provisions of this act shall apply to any common carrier or carriers engaged in the transportation of passengers or property wholly by railroad, or partly by railroad and partly by water when both are used, under a common control, management, or arrangement, for a continuous carriage or shipment...
Страница 25 - The Commission shall, as soon as practicable, prescribe, for carriers subject to this Act, the classes of property for which depreciation charges may properly be included under operating expenses, and the percentages of depreciation which shall be charged with respect to each of such classes of property, classifying the carriers as it may deem proper for this purpose.
Страница 23 - ... per centum or more of whose outstanding voting securities are directly or indirectly owned, controlled, or held with power to vote, by such...
Страница 52 - Act, to prescribe the manner in which such reports shall be made, and to require from such carriers specific answers to all questions upon which the Commission may need information.
Страница 26 - Act, or who shall willfully neglect or fail to make, or to cause to be made, full, true, and correct entries in such accounts, records, or memoranda of all facts, and transactions appertaining to the business of such corporation...
Страница 153 - ... shall forfeit to the United States the sum of $100 for each and every day of the continuance of such failure, which forfeiture shall be payable into the Treasury of the United States, and shall be recoverable in a civil suit in the name of the United States brought in the district where the corporation has its principal office or in any district in which it shall do business.
Страница 25 - The Commission may in its discretion, prescribe the forms of any and all accounts, records and memoranda...
Страница 31 - ... either upon complaint or upon its own initiative without complaint, at once, and if it so orders, without answer or other formal pleading by the interested carrier or carriers...
Страница 24 - ... if any carrier, person, or corporation subject to the provisions of this Act shall fail to make and file said annual reports within the time above specified, or within the time extended by the Commission, for making and filing the same, or shall fail to make specific answer to any question authorized by the provisions of this section within thirty days from the time it is lawfully required so to do, such party shall forfeit to the United States the sum of one hundred dollars for each and every...