Amendments to Common Carrier Sections of Communications Act: Hearing Before the Subcommittee on Communications of the Committee on Interstate and Foreign Commerce, United States Senate, Eighty-fourth Congress, First Session, on S. 1456, a Bill to Amend Sections 212, 219 (a), 221 (a), and 410 (a) of the Communications Act of 1934, as Amended. June 21, 1955U.S. Government Printing Office, 1955 - 15 страници Considers legislation to revise strictures against telephone company interlocking directorates membership and to revise regulatory requirements on telephone company acquisitions and mergers. |
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Страница 9
... CowGILL . I am sure that a hearing would be held . Senator PASTORE . I know , but I am afraid you will run into a little trouble here unless you spell it out . I know that the Federal Communications Commission isn't going to turn its ...
... CowGILL . I am sure that a hearing would be held . Senator PASTORE . I know , but I am afraid you will run into a little trouble here unless you spell it out . I know that the Federal Communications Commission isn't going to turn its ...
Страница 10
... CowGILL . I might explain , if I may , the background of this particular section . Senator PASTORE . In other words , the fright of the telephone com- panies and independent companies in suggesting this amendment is no more serious than ...
... CowGILL . I might explain , if I may , the background of this particular section . Senator PASTORE . In other words , the fright of the telephone com- panies and independent companies in suggesting this amendment is no more serious than ...
Страница 11
... CowGILL . The final judgment in the particular case winds up at the Commission level . Senator PASTORE . I think that makes a great deal of sense . Mr. COWGILL . That concludes the testimony I have . Senator PASTORE . Thank you very ...
... CowGILL . The final judgment in the particular case winds up at the Commission level . Senator PASTORE . I think that makes a great deal of sense . Mr. COWGILL . That concludes the testimony I have . Senator PASTORE . Thank you very ...
Страница 15
... CowGILL . I was going to suggest that those few words elimi- nated would accomplish everything we are discussing . Senator PASTORE . " A public hearing shall be held in all cases where a request is made . " Don't you want to say " by an ...
... CowGILL . I was going to suggest that those few words elimi- nated would accomplish everything we are discussing . Senator PASTORE . " A public hearing shall be held in all cases where a request is made . " Don't you want to say " by an ...
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50 per centum Administrative Procedure Act adversely affected thereby amend sections 212 amendment to section annual reports required antitrust laws association of telephone ATTORNEY AT LAW Bell System bill Bradford Ross carrier subject carriers directly Commission determines Commission may authorize CowGILL directly or indirectly discretion dual holding effect eliminate Federal Communications Commission hold a hearing hold the position independent companies independent industry independent segment Independent Telephone Association independent telephone companies independent telephone industry INTERSTATE AND FOREIGN Interstate Commerce Act Interstate Commerce Commission jurisdiction and powers ment mission officer or director otherwise required person to hold position of officer powers conferred private interests proposed amendment public interest public nor private regulation reports shall show request second sentence section 221 section 410 section more usable Senator PASTORE show in detail specialized common carriers subscriber taxicab tion types of carriers United States Independent United States Senate unless such holding WARREN G Washington
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Страница 3 - ... (12) After December 31, 1921, it shall be unlawful for any person to hold the position of officer or director of more than one carrier, unless such holding shall have been authorized by order of the Commission? upon due showing, in form and manner prescribed by the Commission, that neither public nor private interests will be adversely affected thereby.
Страница 1 - It shall be unlawful for any person to hold the position of officer or director of more than one carrier subject to this Act, unless such holding shall have been authorized by order of the Commission, upon due showing in form and manner prescribed by the Commission, that neither public nor private interests will be adversely affected thereby...
Страница 4 - If the Commission shall consider it necessary in order to determine whether the findings specified below may properly be made, it shall set said application for public hearing; and a public hearing shall be held in all cases where carriers by railroad are involved unless the Commission determines that a public hearing is not necessary in the public interest.
Страница 2 - Such annual reports shall show in detail the amount of capital stock issued, the amounts paid therefor, and the manner of payment for the same ; the dividends paid, the surplus fund, if any, and the number of stockholders; the funded and floating debts and the interest paid thereon ; the cost and value of the carrier's property, franchises, and...
Страница 2 - ... the amounts expended for improvements each year, how 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. Such reports shall also contain such information in relation to rates or regulations concerning fares or freights, or agreements, arrangements,...
Страница 2 - Commission is hereby authorized to require annual reports from all common carriers subject to the provisions of this Act, and from the owners of all railroads engaged in interstate commerce as defined in this 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 1 - ... or to share in any of the proceeds thereof, or to participate in the making or paying of any dividends of an operating carrier from any funds properly included in capital account.
Страница 1 - Commission may obtain from such carriers and from persons directly or indirectly controlling or controlled by, or under direct or indirect common control with...
Страница 4 - ... shall have all the jurisdiction and powers conferred by law upon the Commission, and be subject to the same duties and obligations.
Страница 5 - Except as otherwise required by the Commission, such annual reports shall show in detail the amount of capital stock issued, the amount and privileges of each class of stock, the amounts paid therefor, and the manner of payment for the same; the dividends paid and the surplus fund, If any; the number of stockholders (and the names of the thirty largest...