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" ... half per cent bonds, there is an apparent profit of one-half per cent annually on the transaction to the company and an apparent reduction in total charges which it must meet. But with any diminution in traffic, the bad effect of the change is at... "
Verbatim Report of the Annual Meeting ... - Halaman 344
oleh American Transit Association - 1912
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Report to the President, and Letter of the President Transmitting the Report ...

United States. Railroad Securities Commission - 1911 - 54 halaman
...construction of a new road. It is equally possible in the operation of an old one. 16. FINANCIAL DANGERS. A further effect of intercorporate holdings is to...of railroad stocks and bonds held by the public. In 1899 these were nearly equal; $4,307,000,000 stocks and $4,336,000,000 bonds. Eleven years later the...
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Report of the Railroad Securities Commission to the President and Letter of ...

United States. Railroad Securities Commission - 1911 - 48 halaman
...construction of a new road. It is equally possible in the operation of an old one. 16. FINANCIAL DANGERS. A further effect of intercorporate holdings is to...of railroad stocks and bonds held by the public. In 1899 these were nearly equal; $4,307,000,000 stocks and $4,336,000,000 bonds. Eleven years later the...
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Proceedings of the American Electric Railway Association

American Electric Railway Association - 1912 - 736 halaman
...construction of a new road. It is equally possible in the operation of an old one. l6. FINANCIAL DANGERS A further effect of intercorporate holdings is to...of railroad stocks and bonds held by the public. In 1890 these were nearly equal; $4,307,000.000 stocks and $4.^36.000.000 bonds. Eleven years later the...
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The Law of Interstate Commerce and Its Federal Regulation

Frederick Newton Judson - 1912 - 842 halaman
...transaction to the company and an apparent reduction in total charges which it must meet. But with the diminution in traffic, the bad effect of the change...of railroad stocks and bonds held by the public. In 1899 these were nearly equal ; $4,307,000,000 stocks and $4.366,000,000 bonds. Eleven years later the...
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Reports of Decisions of the Public Service Commission, First ..., Volume 3-4

New York (State). Public Service Commission (First District). - 1913 - 906 halaman
...at once obvious. The interest on the bonds remains a fixed charge against the company. The effect oi a loss of dividends would have been felt chiefly by...a whole, and may precipitate a financial crisis." COMPETITION BETWEEN SERVICES ELIMINATED. But even if the Consolidated Gas Company had an option upon...
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Commission Leaflets: Recent Commission Orders, Rulings and ..., Masalah 19-22

American Telephone and Telegraph Company. Bureau of Commission Research. Legal Dept - 1913 - 1518 halaman
...may happen in the construction of a new road. It is equally possible in the operation of an old one. "A further effect of intercorporate holdings is to...country as a whole, and may precipitate a financial COMPETITION BETWEEN SERVICES ELIMINATED. 15ut even if the Consolidated Gas Company had an option upon...
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Reports of Decisions of the Public Service Commission, First ..., Volume 3

New York (State). Public Service Commission. First District - 1913 - 900 halaman
...do good. When a company has been able to buy i five per cent, stock by the issue of its own four and half per cent, bonds, there is an apparent profit...whole, and may precipitate a financial crisis." The proper method of procedure is a sale of the property in question to the Third Avenue Company if it...
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Reports of Decisions, Volume 3

New York (State). Public Service Commission. First District - 1913 - 902 halaman
...its own four and half per cent. bonds, there is an apparent profit of one-half per cent. annually oh the transaction to the' company and an apparent reduction...whole, and may precipitate a financial crisis." The proper method of procedure is a sale of the property in question to the Third Avenue Company if it...
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The State Department Reports of the State of New York

New York (State) - 1913 - 588 halaman
...on the bonds remains a fixed charge against the comPublic Service Commission, First District. pany. The effect of a loss of dividends would have been...whole, and may precipitate a financial crisis. The proper method of procedure is a sale of the property in question to the Third Avenue Company if it...
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Reports of Decisions, Volume 4

New York (State). Public Service Commission. First District - 1914 - 708 halaman
...at once obvious. The interest on the bonds remains a fixed charge against the company. The effect oi a loss of dividends would have been felt chiefly by...a whole, and may precipitate a financial crisis." COMPETITION BETWEEN SERVICES ELIMINATED. But even if the Consolidated Gas Company had an option upon...
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