Download or read book Railroad Reorganization Classic Reprint written by Stuart Daggett and published by Forgotten Books. This book was released on 2017-11-09 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Railroad Reorganization I'r sometimes happens that experiences long since past seem to be repeated, and that knowledge apparently forgotten proves again of service. This is illustrated by the subject of railroad reorganization. In the years between 1893 and 1899 an imposing group of American railroads passed into receivers' bands. In 189 3 alone more than miles, with an aggregate capitalization of almost 000, were taken over by the courts, and in the following years the amount was largely increased. Foreclosure sales aggregated miles in 1895, in 1896, and between 1894 and 1898. Among the more important failures were those of the Richmond West Point Terminal, the Reading, the Erie, the Northern Pacific, the Atchison, and the Baltimore 8: Ohio to say nothing of the Norfolk Western, the Louisville, New Albany Chicago, the Ann Arbor, the Seattle, Lake. Shore Eastern, the Pecos Valley, and many other smaller lines. The railroads which failed between 1893 and 1898 were subse quently reorganized. In order to restore the equilibrium between income and outgo the companies turned to their creditors, and de mended the surrender of a part of the rights of which bondholders were then possessed. This demand the creditors were forced to concede. Some of them yielded without legal compulsion, assenting to voluntary reorganizations; some insisted upon the sale of the property securing their loans, but without escaping the loss which fell upon their more pliant associates. Much injustice to individuals came to light at this time. Men who had invested in good faith were obliged to sacrifice their holdings through no fault of their own. The savings of years were swept away. The demand of the rail roads was one, nevertheless, which the courts supported, and rightly. The companies could not be operated unless the creditors were deprived of part of their legal rights. At the same time, these rights no longer had a material basis on which to rest, and their surrender meant but the recognition of a loss which had already taken place. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Reorganization of the Northern Pacific Railroad Company Classic Reprint written by Northern Pacific Railroad Company and published by Forgotten Books. This book was released on 2018-02-19 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Reorganization of the Northern Pacific Railroad Company The property of the Northern Pacific Railroad Company comprises, in various forms of ownership and control. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Railroad Reorganization written by Stuart Daggett and published by . This book was released on 1966 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reorganization of the Railways Classic Reprint written by Taylor Vinson and published by Forgotten Books. This book was released on 2017-12-26 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Reorganization of the Railways The experience we have had with our rail way problems demonstrate very fully many of the evils that must be eliminated before we can hope to have an efficient system of trans portation adequate to the public needs. Fi nancing the carriers has not always been either honest or wise. Many errors, both of judgment and methods, have appeared in the construction and operation of the railways, and such mistakes have tended to depress their credit. Regulation by commissions and other public officials, reducing income and in creasing expenditures, together with the re strictions found in State and National legis lation, have all combined to increase the bur dens of the railways and rendered them nu able in most instances to properly perform their functions as common carriers. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Railroad Reorganization written by Stuart Daggett and published by Forgotten Books. This book was released on 2015-06-25 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Railroad Reorganization It sometimes happens that experiences long since past seem to be repeated, and that knowledge apparently forgotten proves again of service. This is illustrated by the subject of railroad reorganization. In the years between 1893 and 1899 an imposing group of American railroads passed into receivers' hands. In 1893 alone more than 27,000 miles, with an aggregate capitalization of almost $2,000,000,000, were taken over by the courts, and in the following years the amount was largely increased. Foreclosure sales aggregated 10,446 miles in 1895, 12,355 in 1896, and 40,503 between 1894 and 1898. Among the more important failures were those of the Richmond & West Point Terminal, the Reading, the Erie, the Northern Pacific, the Atchison, and the Baltimore & Ohio; - to say nothing of the Norfolk & Western, the Louisville, New Albany & Chicago, the Ann Arbor, the Seattle, Lake Shore & Eastern, the Pecos Valley, and many other smaller lines. The railroads which failed between 1893 and 1898 were subsequently reorganized. In order to restore the equilibrium between income and outgo the companies turned to their creditors, and demanded the surrender of a part of the rights of which bondholders were then possessed. This demand the creditors were forced to concede. Some of them yielded without legal compulsion, assenting to "voluntary reorganizations"; some insisted upon the sale of the property securing their loans, but without escaping the loss which fell upon their more pliant associates. Much injustice to individuals came to light at this time. Men who had invested in good faith were obliged to sacrifice their holdings through no fault of their own. The savings of years were swept away. The demand of the railroads was one, nevertheless, which the courts supported, and rightly. The companies could not be operated unless the creditors were deprived of part of their legal rights. At the same time, these rights no longer had a material basis on which to rest, and their surrender meant but the recognition of a loss which had already taken place. Most of the reorganizations were completed by the year 1899. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Plan of Reorganization of the Denver and Rio Grande Railroad Company written by Denver And Rio Grande Railroad Company and published by Forgotten Books. This book was released on 2018-02-18 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Plan of Reorganization of the Denver and Rio Grande Railroad Company: Dated, January 27, 1922 The Denver and Rio Grande Railroad Company First and Refunding Mortgage 5% Gold Bonds. Certificates of Deposit for said Bonds Issued under the Deposit Agreement relating thereto, dated May 28, 1917. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Railroad Reorganization written by Stuart Daggett and published by . This book was released on 1908 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Cincinnati Hamilton and Dayton Railway Company written by Cincinnati Hamilton Co, Dayton and published by Forgotten Books. This book was released on 2018-01-11 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Cincinnati, Hamilton and Dayton Railway Company: Plan and Agreement of Reorganization, Dated February 15, 1916 In connection with the plan of readjustment of 1909, The Cincinnati, Hamilton and Dayton Railway Company executed its First and Refunding Mortgage, dated July 1, 1909, under which there have been issued of Four Per Cent. Bonds. Of these bonds, guar anteed as to principal and interest bv The Baltimore and Ohio Railroad Company, and unguaranteed, are in the hands of the public, the remaining being held by The Bal timore and Ohio Railroad Company as collateral for purchase money notes and other obligations of The Cincinnati, Hamilton and Dayton Railway Company aggregating The latter company also executed a General Mortgage, dated July 1, 1909, under which there have been issued of bonds, all of which are outstanding. Owing to a series of unusual and unforeseen circumstances, The Cincinnati, Hamilton and Dayton Railway Company was unable to meet its various obligations and on July 2, 1914, the property was placed in the hands of receivers. Since that time there have been protracted negoti ations, looking towards reorganization, with holders of certain of the Company's securities and with The Baltimore and Ohio Railroad Company, which has so large an interest in the property by reason of its position as holder or guarantor of a large part of the securities above mentioned. Certain branch lines, mortgaged to secure branch line bonds which remained undisturbed in the readjustment of 1909 but the interest on which was not earned in the present receivership, have already been sold on foreclosure and a similar result with respect of other branch lines may be expected. The important portion of the property is the main line between Cincinnati and Toledo and certain main line branches hereinafter described, and it is important that a Plan of Reorganization embracing these lines be promptly undertaken. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Plan and Agreement for the Reorganization of the Chicago Great Western Railway Company written by Chicago Great Western Railroad Company and published by Forgotten Books. This book was released on 2016-08-19 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Plan and Agreement for the Reorganization of the Chicago Great Western Railway Company: Dated June 1, 1909 The claims against the Chicago Great Western Railway Company, the stocks thereof, and the liens existing on the properties of the subsidiary companies, are approximately as follows. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Plan and Agreement for the Reorganization of the Atchison Topeka and Santa F Railroad Company written by Atchison Topeka Santa Fé Railroad Co and published by Forgotten Books. This book was released on 2018-03 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Plan and Agreement for the Reorganization of the Atchison, Topeka and Santa Fé Railroad Company: Dated March 14, 1895 The Joint Executive Committee has had the result Of the independent examination into the financial condition by Mr. Stephen Little, and into the physical condition by Mr. Robert Moore, and the reports Of these experts have been printed and distributed for the information Of the security holders. They have also had numerous conferences with the Receivers and with those intimately conversant with the property. In submitting this Plan to the security holders, the Joint Executive Committee desire to give an outline Of the principal considerations which led to its adoption. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Stories of the Great Railroads Classic Reprint written by Charles Edward Russell and published by Forgotten Books. This book was released on 2017-09-13 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Stories of the Great Railroads In 1862, there was a reorganization and all the rights and properties of the Minnesota Pacific passed to a new com pany called the St. Paul Pacific, which proceeded to do many things, including the building of some real and much imitation track, and the issuing of many bonds, all of which were sold to the lowly and ignorant European, and chiefly to him of Holland. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book RAILROAD REORGANIZATION written by Stuart 1881 Daggett and published by Wentworth Press. This book was released on 2016-08-29 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Download or read book For the Railroads Classic Reprint written by Harry Turner Newcomb and published by . This book was released on 2016-06-21 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from For the Railroads No agency of Government can translate commercial needs in terms of railway rates which will foster industrial progress as does the free operation of the natural laws of business. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Railroad Reorganization 4 written by Stuart 1881- Daggett and published by Legare Street Press. This book was released on 2021-09-09 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Download or read book The Wheeling and Lake Erie Railroad Company written by Wheeling and Lake Erie Railway Company and published by Forgotten Books. This book was released on 2016-08-30 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Wheeling and Lake Erie Railroad Company: Plan and Agreement of Reorganization, Dated September 20, 1916 The decree of foreclosure and sale of the properties of The Wheeling and Lake Erie Railroad Company (hereinafter called the Old Company) entered April 1, 1914, was affirmed May 12, 1916, by the Circuit Court of Appeals for the Sixth Circuit. By the decree it was adjudged that the three-year Five Per Cent. Gold Notes (hereinafter called three-year Notes) due August 1, 1908, of the Old Company were valid, that the pledge of of General Mortgage Bonds of the Old Company to secure the notes was valid to the extent of the amount due upon the notes for principal and interest and that. The General Mortgage constituted a valid lien upon the property of the Old Company. The amount due upon the notes on the date of the decree was and the interest at 5% to November 1, 1916, amounts to the further sum of making the total amount due on November 1, 1916, Notice of the sale of the properties on October 30, 1916, is now being published. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Plan and Agreement for Reorganization written by Western Pacific Railway Company and published by Forgotten Books. This book was released on 2016-06-22 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Plan and Agreement for Reorganization: Dated December 15, 1915 The situation, therefore, of the Western Pacific Bondholder is peculiar. He has a claim against the Western Pacific Company and has the right to have the property of that Company sold and the proceeds applied, so far as the same will go, in discharge of his claim. He has also a claim against the Denver Company for unpaid interest and will have a claim for interest to accrue on the portion of his debt not discharged by applica tion of the proceeds of the sale of the properties of the Western Pacific Company. Prob ably, moreover, the Trustee under the Western Pacific First Mortgage, if it elect to adopt that alternative, may recover judgment against the Denver Company for all of the dam ages sufiered by the First Mortgage bondholders by reason of the Denver Company's breach of its obligation under Contract B, considered as an entirety. This makes the question of the financial responsibility of the Denver Company a matter of interest and importance to the Western Pacific bondholders. Indebtedness and Earnings of The Denver Rio Grande Railroad Company. The secured debt of the Denver Company as the same now exists (it has substantially no oating debt) is substantially the following. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works."
Download or read book The Theory of Railroad Reorganization written by Arthur Stone Dewing and published by . This book was released on 1918 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: