To Amend the Interstate Commerce Act: Hearings Before a Subcommittee of the Committee on Interstate Commerce, United States Senate, Seventy-sixth Congress, First Session, on S. 2610 (subsequently Amended and Reintroduced as S. 2903) a Bill to Amend the Interstae Commerce Act, and for Other Purposes. June 26, 27, and 28, and July 27, 1939U.S. Government Printing Office, 1939 - 167 страници |
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Страница 68
... shares Cost Interest on cost , at 4 percent per Dividends received Constructive losses 2 Potential Market value Dec. 31 , 1938 annum losses , ( 3 ) minus ( 7 ) Total losses . ( 6 ) plus ( 8 ) ( 1 ) ( 2 ) ( 3 ) ( 4 ) ( 5 ) ( 6 ) ( 7 ) ...
... shares Cost Interest on cost , at 4 percent per Dividends received Constructive losses 2 Potential Market value Dec. 31 , 1938 annum losses , ( 3 ) minus ( 7 ) Total losses . ( 6 ) plus ( 8 ) ( 1 ) ( 2 ) ( 3 ) ( 4 ) ( 5 ) ( 6 ) ( 7 ) ...
Страница 69
... shares owned at Dec. 31 , 1938 . Represents difference between purchases , 1926 to 1928 , and sales , 1928 to 1932 . 10 The major portion of this item represents losses other than interest . ( See hearings , pt . 9 , p . 3970. ) 11 ...
... shares owned at Dec. 31 , 1938 . Represents difference between purchases , 1926 to 1928 , and sales , 1928 to 1932 . 10 The major portion of this item represents losses other than interest . ( See hearings , pt . 9 , p . 3970. ) 11 ...
Страница 70
... shares Cost Interest on cost at 4 per- cent per an- Dividends received Constructive Market value losses Dec. 31 , 1938 Potential losses Total losses ( 6 ) plus ( 8 ) ( 3 ) ( 4 ) ( 6 ) ( 7 ) ( 8 ) ( 9 ) Alleghany Corporation : Buffalo ...
... shares Cost Interest on cost at 4 per- cent per an- Dividends received Constructive Market value losses Dec. 31 , 1938 Potential losses Total losses ( 6 ) plus ( 8 ) ( 3 ) ( 4 ) ( 6 ) ( 7 ) ( 8 ) ( 9 ) Alleghany Corporation : Buffalo ...
Страница 71
... shares of Missouri Pacific R. R. stock , costing $ 68,397,855 , still owned at Dec. 31 , 1938 . 5 In addition to its investments in stocks of railroad companies , Alleghany Corporation owned 1,248,900 shares of Chesapeake Corporation ...
... shares of Missouri Pacific R. R. stock , costing $ 68,397,855 , still owned at Dec. 31 , 1938 . 5 In addition to its investments in stocks of railroad companies , Alleghany Corporation owned 1,248,900 shares of Chesapeake Corporation ...
Страница 72
... shares Cost Interest on cost at 4 percent per Dividends received Construc- tive losses annum Market value , Dec. 31 , 1938 Potential losses Baltimore & Ohio R. R. Co .: Purchases : Reading Co .: Common . First preferred . Open market ...
... shares Cost Interest on cost at 4 percent per Dividends received Construc- tive losses annum Market value , Dec. 31 , 1938 Potential losses Baltimore & Ohio R. R. Co .: Purchases : Reading Co .: Common . First preferred . Open market ...
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accounts acquired acquisition affiliates agreement Alleghany Corporation amount annual reports appellant application approval assets authorized Baltimore & Ohio bank bill carrier corporations carrier or subsidiary carriers subject Chesapeake & Ohio Chicago Great Western Commission under paragraph Commissioner Mahaffie committee common carriers contract controlling persons Delaware & Hudson Denotes profit depreciation directly or indirectly directors documents EASTMAN Erie Railroad Co expenditure financed funds hereby amended holding companies Interstate Commerce Act Interstate Commerce Commission investigation investments J. P. Morgan Kuhn Lake Erie loan Loeb Loeb & Co memoranda method whatsoever Missouri Pacific noncarrier subsidiaries obligation opportunity for hearing owner Pennroad Corporation Pennsylvania Co Pennsylvania Railroad percent Pere Marquette prescribed recommendation records section 20 Senator TRUMAN chairman sidiary stock ownership stockholders subcommittee subparagraph TAYLOR term thereof tion Total transaction transportation voting securities voting trust Wabash Wabash Railway Webber Wheeling & Lake York Central
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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 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 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 31 - Commission shall have, and it is hereby given, authority, either upon complaint or upon its own initiative without complaint, at once, if it so orders, without answer or other formal pleading by the interested carrier or carriers, and with or without notice, hearing, or the making or filing of a report...
Страница 26 - ... not less than one year nor more than three years, or both such fine and imprisonment: Provided, That the Commission may, in its discretion, issue orders specifying such operating, accounting, or financial papers, records, books, blanks, tickets, stubs, or documents of carriers which may, after a reasonable time, be destroyed, and prescribing the length of time such books, papers, or documents shall be preserved.
Страница 16 - That the Commission hereby created shall have authority to inquire into the management of the business of all common carriers subject to the provisions of this act, and shall keep itself informed as to the manner and method in which the same is conducted, and shall have the right to obtain from such common carriers full and complete information necessary to enable the Commission to perform the duties and carry out the objects for which it was created...