Railroad Consolidation: Hearings Before the Committee on Interstate and Foreign Commerce, House of Representatives, Seventieth Congress, First Session, on H.R. 5641, a Bill to Promote the Unification of Carriers Engaged in Interstate Commerce and for Other Purposes. December 19, 20, 1927, January 6, 19, 20, 24, 25, 26, 27, 31, Februrary 1, 2, 3, 7, 8, 9, and 10, 1928

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Página 366 - Commission, by one of such carriers of the control of any other such carrier or carriers either under a lease or by the purchase of stock or in any other manner not involving the consolidation of such carriers into a single system for ownership and operation...
Página 101 - Whenever the Commission is of opinion, after hearing, upon application of any carrier or carriers engaged in the transportation of passengers or property subject to this Act, that the acquisition, to the extent indicated by the Commission, by one of such carriers of the control of any other such carrier or carriers either under a lease or by the purchase of stock or in any other manner not involving the consolidation of such carriers into a single system for ownership and...
Página 46 - Act is amended by adding at the end thereof a new sentence to read as follows...
Página 29 - The bonds at par of the corporation which is to become the owner of the consolidated properties, together with the outstanding capital stock at par of such corporation, shall not exceed the value of the consolidated properties as determined by the Commission.
Página 221 - Subject to the foregoing requirements, the several systems shall be so arranged that the cost of transportation as between competitive systems and as related to the values of the properties through which the service is rendered shall be the same, so far as practicable...
Página 101 - Commission; (b) to make such just and reasonable directions with respect to car service without regard to the ownership as between carriers of locomotives, cars, and other vehicles, during such emergency as in, its opinion will best promote the service in the interest of the public and the commerce of the people...
Página 12 - ... it may enter an order approving and authorizing such consolidation, with such modifications and upon such terms and conditions as it may prescribe, and thereupon such consolidation may be effected, in accordance with such order, if all the carriers involved assent thereto, the law of any State or the decision or order of any State authority to the contrary notwithstanding.
Página 389 - ... shall be and they are hereby relieved from the operation of the antitrust laws and of all other restraints, limitations, and prohibitions of law, Federal, State, or municipal...
Página 11 - The Commission shall as soon as practicable prepare and adopt a plan for the consolidation of the railway properties of the continental United States into a limited number of systems.
Página 198 - ... corporation, shall consolidate the stock, property, or franchises of such corporation with, or lease or purchase the works or franchises of, or in any way control any other railroad or canal corporation owning or having under its control a parallel or competing line...

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