Download or read book The People s Welfare and the Origins of Corporate Reorganization written by Bradley A. Hansen and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1884 receivership of the Wabash, St. Louis, and Pacific Railway is widely regarded as a turning point in the development of corporate insolvency law. It is said to have created a "new-fashioned receivership," which enabled debtors to initiate and, to a great extent, control receiverships. It is said that these "new-fashioned receiverships" facilitated reorganization of the insolvent firm at the expense of creditors' rights. An examination of the history of railroad receiverships reveals that for decades before 1884 judges allowed managers to initiate receiverships, appointed managers as receivers, and forced creditors to accept changes in their contractual rights. Judges also refused to extend reorganization procedures to corporations outside the railroad industry, justifying their special treatment of railroads on the grounds that the foremost obligation of railroads was to serve the public. Analysis of railroad bond prices supports the conclusion that creditors' rights were not transformed by the courts in the mid-1880s.

Download or read book Wabash Receivership written by T.J. Moss Tie Co and published by . This book was released on 1932 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Follow the Flag written by H. Roger Grant and published by Northern Illinois University Press. This book was released on 2019-10-15 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Follow the Flag" offers the first authoritative history of the Wabash Railroad Company, a once vital interregional carrier. The corporate saga of the Wabash involved the efforts of strong-willed and creative leaders, but this book provides more than traditional business history. Noted transportation historian H. Roger Grant captures the human side of the Wabash, ranging from the medical doctors who created an effective hospital department to the worker-sponsored social events. And Grant has not ignored the impact the Wabash had on businesses and communities in the "Heart of America." Like most major American carriers, the Wabash grew out of an assortment of small firms, including the first railroad to operate in Illinois, the Northern Cross. Thanks in part to the genius of financier Jay Gould, by the early 1880s what was then known as the Wabash, St. Louis & Pacific Railway reached the principal gateways of Chicago, Des Moines, Detroit, Kansas City, and St. Louis. In the 1890s, the Wabash gained access to Buffalo and direct connections to Boston and New York City. One extension, spearheaded by Gould's eldest son, George, fizzled. In 1904 entry into Pittsburgh caused financial turmoil, ultimately throwing the Wabash into receivership. A subsequent reorganization allowed the Wabash to become an important carrier during the go-go years of the 1920s and permitted the company to take control of a strategic "bridge" property, the Ann Arbor Railroad. The Great Depression forced the company into another receivership, but an effective reorganization during the early days of World War II gave rise to a generally robust road. Its famed Blue Bird streamliner, introduced in 1950 between Chicago and St. Louis, became a widely recognized symbol of the "New Wabash." When "merger madness" swept the railroad industry in the 1960s, the Wabash, along with the Nickel Plate Road, joined the prosperous Norfolk & Western Railway, a merger that worked well for all three carriers. Immortalized in the popular folk song "Wabash Cannonball," the midwestern railroad has left important legacies. Today, forty years after becoming a "fallen flag" carrier, key components of the former Wabash remain busy rail arteries and terminals, attesting to its historic value to American transportation.

Download or read book Finance Docket No 13335 written by United States. Interstate Commerce Commission and published by . This book was released on 1942 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Finance Docket No 13335 written by United States. Interstate Commerce Commission and published by . This book was released on 1943 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Investigation of Railroads Holding Companies Affiliated Companies and Related Matters written by United States. Congress. Senate. Committee on Interstate Commerce. Subcommittee Pursuant to S. Res. 71 and published by . This book was released on 1939 with total page 1012 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Investigation of Railroads Holding Companies Affiliated Companies and Related Matters written by United States. Congress. Senate. Committee on Interstate Commerce and published by . This book was released on 1939 with total page 1828 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Investigations of Railroads Holding Companies and Affiliated Companies and Related Matters written by United States. Congress. Senate. Committee on Interstate Commerce and published by . This book was released on 1939 with total page 1276 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Railroad Reorganization written by United States. Congress. House. Committee on the Judiciary and published by . This book was released on 1939 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Railroad Reorganization written by United States. Congress. House. Committee on the Judiciary. Special Subcommittee on Bankruptcy and Reorganization and published by . This book was released on 1939 with total page 1312 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Railway Age Gazette written by and published by . This book was released on 1911 with total page 1386 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Federal Reporter written by and published by . This book was released on 1888 with total page 1016 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes cases argued and determined in the District Courts of the United States and, Mar./May 1880-Oct./Nov. 1912, the Circuit Courts of the United States; Sept./Dec. 1891-Sept./Nov. 1924, the Circuit Courts of Appeals of the United States; Aug./Oct. 1911-Jan./Feb. 1914, the Commerce Court of the United States; Sept./Oct. 1919-Sept./Nov. 1924, the Court of Appeals of the District of Columbia.

Download or read book Voluntary Adjustment of Railroad Obligations pt 1 2 Railroad reorganization May 31 June 1 2 5 7 12 14 16 19 21 28 July 5 7 10 12 15 1939 supplemental statements letters and exhibits written by United States. Congress. House. Committee on the Judiciary. Subcommittee on Bankruptcy and Reorganization and published by . This book was released on 1939 with total page 1344 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Moody s Manual of Railroads and Corporation Securities written by and published by . This book was released on 1916 with total page 1736 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Moodys Manual of Railroads and Corporation Securities Government State and Municipal Supplement written by and published by . This book was released on 1914 with total page 1714 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Economist written by and published by . This book was released on 1911 with total page 1780 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Hearings written by United States. Congress. House and published by . This book was released on 1939 with total page 2196 pages. Available in PDF, EPUB and Kindle. Book excerpt: