An Investor's Notes on American RailroadsG.P. Putnam's Sons, 1886 - 224 páginas |
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Página 57
John Swann. of their shareholders . If a railroad board can distribute large dividends , their interest in the public is necessarily subordinate to their interest in their own corporation . They may properly contend that all the features ...
John Swann. of their shareholders . If a railroad board can distribute large dividends , their interest in the public is necessarily subordinate to their interest in their own corporation . They may properly contend that all the features ...
Página 61
... railroad corporation , there is scarcely such a thing as an opponent to the construc- tion of a new railroad . Property - owners of every descrip- tion welcome its advent . The trader , because it gives additional facilities for the ...
... railroad corporation , there is scarcely such a thing as an opponent to the construc- tion of a new railroad . Property - owners of every descrip- tion welcome its advent . The trader , because it gives additional facilities for the ...
Página 72
... corporation . If , on the eve of an elec- tion , stock which has little or no value ( except for specu- lative purposes ) is bought up by the party in control at ( say ) forty cents or fifty cents on the dollar , it is impos- sible to ...
... corporation . If , on the eve of an elec- tion , stock which has little or no value ( except for specu- lative purposes ) is bought up by the party in control at ( say ) forty cents or fifty cents on the dollar , it is impos- sible to ...
Página 91
... railroad corporation which has built a road at its own expense simply a purveyor of transportation whose status is de- fined by formal legislation , or is it an agent of the State and a trustee for the people ? To whom does the incre ...
... railroad corporation which has built a road at its own expense simply a purveyor of transportation whose status is de- fined by formal legislation , or is it an agent of the State and a trustee for the people ? To whom does the incre ...
Página 101
... railroad , the dividends payable on its stock , the distribution between the peo- ple and the corporation of the increment of value , and perhaps the liability of stockholders for further expendi- But the entire responsibility for ...
... railroad , the dividends payable on its stock , the distribution between the peo- ple and the corporation of the increment of value , and perhaps the liability of stockholders for further expendi- But the entire responsibility for ...
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Términos y frases comunes
American railroads Anno Domini bill bonds capital charges charter cial citizens Commissioners common carrier subject competent competition considered Constitution construction contract course court demagogue desire dividends doubt duty Eminent Domain England enquirer enterprise equity eral ex post facto existing favour foreign investor freight and passenger G. P. PUTNAM'S SONS Government hereafter holders inci incident instances Inter-state commerce interest investment investor's point JOHN SWANN jurisprudence labour land lative leased lines legislation limits matter ment observer party person point of view political pool produce profit proper protection provisions purpose question rail railroad administration Railroad Commission railroad companies railroad corporation Railway Age rates reasonable regulation reserved power result road rules scarcely schedules securities serious speculative statute stockholders supply and demand tariffs thereof thing tion to-day trade United whole worth
Pasajes populares
Página 212 - Commission (and produce books and papers if so ordered) and give evidence touching the matter in question ; and any failure to obey such order of the court may be punished by such court as a contempt thereof.
Página 203 - That the provisions of this act shall not apply to the transportation of passengers or property, or to the receiving, delivering, storage, or handling of property, wholly within one State, and not shipped to or from a foreign country from or to any State or Territory as aforesaid.
Página 211 - Act, and shall keep itself informed as to the manner and method in which the same is conducted, and shall have the right to obtain from such common carriers full and complete information necessary to enable the Commission to perform the duties and carry out the objects for which it was created...
Página 203 - America in congress assembled, that the provisions of this act shall apply to any common carrier or carriers engaged in the transportation of passengers or property wholly by railroad, or partly by railroad and partly by water when both are used, under a common control, management or arrangement, for a continuous carriage or shipment...
Página 204 - railroad " as used in this act shall include all bridges and ferries used or operated in connection with any 203 railroad, and also all the road in use by any corporation operating a railroad, whether owned or operated under a contract, agreement, or lease ; and the term " transportation " shall include all instrumentalities of shipment or carriage.
Página 211 - ... the date of the taking effect of this Act, the term of each to be designated by the President, but their successors shall be appointed for terms of seven years, except that any person chosen to fill a vacancy shall be appointed only for the unexpired term of the commissioner whom he shall succeed.
Página 219 - ... nothing in this Act contained shall in any way abridge or alter the remedies now existing at common law or by statute, but the provisions of this Act are in addition to such remedies...
Página 209 - ... act, matter or thing in this act prohibited or declared to be unlawful...
Página 210 - That any common carrier subject to the provisions of this act, or, whenever such common carrier is a corporation, any director or officer thereof, or any receiver, trustee, lessee, agent, or person acting for or employed by such corporation...
Página 212 - If such carrier shall not satisfy the complaint within the time specified, or there shall appear to be any reasonable ground for investigating said complaint, it shall be the duty of the commission to investigate the matters complained of in such manner and by such means as it shall deem proper.