Railroad Reorganization Act of 1939: Hearings Before the Committee on Interstate Commerce, United States Senate, Seventy-sixth Congress, First Session, on S. 1869, a Bill to Protect Interstate Commerce from the Dangers of Unsound Financial Structures and to Establish Improved Procedures and Standards for Financial Rehabilitation of Railroads Engaged in Interstate Commerce, and for Other Purposes. April 27, 28, May 1,2,3,4 and 5, 1939U.S. Government Printing Office, 1939 - 646 páginas |
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6-year average amended amount appointed approved Bankruptcy Act BELL bill bondholders bonds CADY capital structure central court certified CHAIRMAN Chicago Commissioner SPLAWN committee comparative print Congress counsel CRAVEN debt debtor determine district court effect equity receivership fact filed financing fixed charges FLETCHER future earnings going hearing Insurance Interstate Commerce Act Interstate Commerce Commission issue judge jurisdiction KAPLAN KITCHEL lease lessor Loeb & Co LOWENTHAL matter Missouri Pacific mortgage percent petition PETTIBONE plan of reorganization preferred stock present president proceedings provision public interest question railroad corporation Railroad Reorganization Court reason receiver Reconstruction Finance Corporation reference reorganiza Revenue road Rock Island ROSIER Savings Bank section 77 security holders Senator AUSTIN Senator MINTON Senator TRUMAN Senator WHITE special court statute Supreme Court SWAINE thing tion trustee or trustees upset price Wabash Wabash Railway WALTER Western Railway York
Passagens conhecidas
Página 292 - 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, does not discriminate unfairly in favor of any class of creditors or stockholders...
Página 291 - REORGANIZATION OF RAILROADS ENGAGED IN INTERSTATE COMMERCE. — (a) Any railroad corporation may file a petition stating that it is insolvent or unable to meet its debts as they mature and that it desires to effect a plan of reorganization.
Página 265 - The value of any property used in railroad operation shall be determined on a basis which will give due consideration to the earning power of the property, past, present, and prospective, and all other relevant facts. In determining such value only such effect shall be given to the present cost of reproduction new and less depreciation and original cost of the property, and the actual investment therein, as may be required under the law of the land, in light of its earning power and all other relevant...
Página 477 - ... to take such testimony, and to make such expenditures, as it deems advisable. The cost of stenographic services to report such hearings shall not be in excess of 25 cents per hundred words. The expenses of the committee, which shall not exceed $30,000, shall be paid from the contingent fund of the Senate upon vouchers approved by the chairman of the committee or the chairman of any duly authorized subcommittee thereof.
Página 100 - USC 205 (m) ) , namely, any common carrier by railroad engaged in the transportation of persons or property in interstate commerce, except a street, a suburban, or interurban electric railway which is not operated as a part of a general railroad system of transportation...
Página 589 - ... (b) A plan of reorganization within the meaning of this section (1) shall .include provisions modifying or altering the rights of creditors generally, or of any class of them, secured or unsecured, either through the issuance of new securities of any character or otherwise...
Página 201 - Commission through such of its agencies as it may designate, to report to him any facts pertaining to irregularities, fraud, misconduct, or mismanagement, as a consequence of which the debtor may have a cause of action arising therefrom against any person or corporation.
Página 477 - Congress, to employ such clerical and other assistants, to require by subpena or otherwise the attendance of such witnesses and the production of such books, papers, and documents, to administer such oaths, to take such testimony, and to make such expenditures, as it deems advisable.
Página 477 - Senate until the final report is submitted; to employ such clerical and other assistants; to require by sub-poena or otherwise the attendance of such witnesses and the production of such books, papers, and documents; to administer such oaths; and to take such testimony and make such expenditures as it deems advisable.
Página 12 - ... proposed plan; and shall direct the officers of the debtor, or the trustee or trustees, within such time as the judge shall set, to prepare and file with the court a list of all known bondholders and creditors of the debtor, and the amounts and character of their debts...