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 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 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 Reorganization of the Railways written by Taylor Vinson and published by Forgotten Books. This book was released on 2015-06-25 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Reorganization of the Railways 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 Financial Affairs of San Francisco Oakland Terminal Railways written by and published by . This book was released on 2015-08-04 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Plan of Reorganization of the Financial Affairs of San Francisco-Oakland Terminal Railways: Adopted by Reorganization Committee of San Francisco-Oakland Terminial Railways In the interest of brevity certain terms are employed in this plan to convey definite meanings. These terms and their respective meanings, except where a different meaning is plainly indicated by the context, are the following: The "Old Company" refers to the existing San Francisco-Oakland Terminal Railways, and its allied and subsidiary companies. The term "Operating Company" refers to a proposed new corporation to be organized under the laws of the State of California for the purpose of owning and operating the properties now owned by San Francisco-Oakland Terminal Railways and its subsidiary and allied corporations. In the discretion of the Reorganization Committee, one or more corporations may be organized for this purpose, as may seem most advantageous, and the term "Operating Company" is to be understood to include whatever corporation or corporations may be employed for the purpose stated in accordance with the final determination of the Reorganization Committee. The term "Reorganization Committee" refers to the committee constituted by the agreement of December 1, 1919, as the same may be constituted at the time referred to. The term "Deposit Agreement" refers to the last mentioned agreement of December 1, 1919. The term "Reorganization Plan" refers to this plan of reorganization. The term "Depositaries: refers to the depositaries that shall be acting under the said agreement of December 1, 1919, at the time referred to. The term "Depositors" refers to holders at the time referred to of certificates of deposit issued under and pursuant to the provisions of said agreement of December 1, 1919, and shall be construed to include not only persons acting in their own right, but also trustees, guardians, committees, agents and/or persons acting in a representative or fiduciary capacity and those represented by or claiming under them and partnerships, associations and corporations as well as individuals. The term "Deposited Bonds" refers to all bonds that shall at the time referred to have been deposited under the said Agreement of December 1, 1919, and be subject to this Plan. The Reorganization Committee. Inasmuch as the Reorganization Committee represents a large majority of the securities of the "Old Company," that committee is to be continued with its present membership as the Committee which will be charged with the supervision and direction of the proceedings for the execution of the Plan and Agreement, and with the powers set forth in the said Agreement of December 1, 1919, and in this Plan. 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 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 Reorganization of the Wabash Pittsburgh Terminal Railway Company written by Wabash-Pittsburgh Terminal Railway Co and published by Forgotten Books. This book was released on 2018-01-11 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Reorganization of the Wabash Pittsburgh Terminal Railway Company: Plan and Agreement, Dated June 25, 1915 Certificates of Deposit of Columbia Trust Company of New York for First Mortgage Four Per Cent. Fifty-year Gold Bonds and for Certificates of Deposit of Central Trust Company of New York and of Old Colony Trust Company (of Boston) for said Bonds. 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 Union Pacific Railway Company Including Its Kansas Pacific Lines written by Union Pacific Railway Company and published by Forgotten Books. This book was released on 2018-02-28 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Plan and Agreement for the Reorganization of the Union Pacific Railway Company, Including Its Kansas Pacific Lines: Dated October 15, 1895 Deposits may be made at any of the Depositaries on and after November 1, 1895, from which date matured coupons on First Mortgage Bonds will be cashed as provided in the Plan. The Committee may at any time after December 31, 1895, alter the penalties above specified or decline to receive further deposits of bonds or stock. 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 Plan for New York Railways Dated as of July 18 1924 written by New York Railways Company and published by . This book was released on 1924 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book National Consolidation of the Railways of the United States Classic Reprint written by George Henry Lewis and published by . This book was released on 2017-09-17 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book CONCERTED MOVEMENT OF THE RAILWAYS CLASSIC REPRINT written by LOGAN GRANT. MCPHERSON and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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 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 First Annual Report Norfolk and Western Railway Company written by Norfolk and Western Railway Company and published by Forgotten Books. This book was released on 2018-04-27 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from First Annual Report, Norfolk and Western Railway Company: For Nine Months Ending June 30, 1897 In addition to the above there were outstanding June 30, 1897, of the Equipment Mortgage Bonds of 1888, these bonds not having been deposited with the Reorganization Committee. 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 Report on reorganization of railways written by Sweden and published by . This book was released on 1910 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Manual of the Railroads of the United States 1877 78 Classic Reprint written by Henry V. (Henry Varnum) Poor and published by New York : H.V. & H.W. Poor. [1869-1894]. This book was released on 2018-07-31 with total page 1170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Manual of the Railroads of the United States, 1877-78 Devoted to the discussion of the Financial Topics of the day, to original and selected articles upon the principles and practice of Banking and the Laws relating thereto, and to Statistics in refer ence to Banks, Finance and Political Economy in general. In addition to its valuable statistical and economic information, the Banker's Magazine furnishes reports of all Legal Decisions important to banks and their dealers. Each number contains also a careful record of all recent changes among banks and bankers. 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.