Investigation of Public Utility Corporations: Hearings Before the Committee on Interstate Commerce, United States Senate, Seventieth Congress, First Session, on S. Res. 83, Parte4U.S. Government Printing Office, 1928 - 257 páginas |
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Página 153
... for other reasons , excessive prices have often been paid for the properties acquired and securities issued against them in amount very considerably in excess of their real value . 153 The Manufacturers Record of August 4 , 1927 , tells.
... for other reasons , excessive prices have often been paid for the properties acquired and securities issued against them in amount very considerably in excess of their real value . 153 The Manufacturers Record of August 4 , 1927 , tells.
Página 156
... securities : Bonds , $ 4,700,000 ; preferred stock , $ 1,260,000 ; common stock , 200,000 shares . The next step ? Munroe gave the bonds to his five associates to reimburse them for $ 4,500,000 they had provided in the original purchase ...
... securities : Bonds , $ 4,700,000 ; preferred stock , $ 1,260,000 ; common stock , 200,000 shares . The next step ? Munroe gave the bonds to his five associates to reimburse them for $ 4,500,000 they had provided in the original purchase ...
Página 157
... 1 per cent of bad securities issued in the power industry , it would be the result of the investigation to disclose and advertise them , but not to disclose or advertise the INVESTIGATION OF PUBLIC UTILITY CORPORATIONS 157.
... 1 per cent of bad securities issued in the power industry , it would be the result of the investigation to disclose and advertise them , but not to disclose or advertise the INVESTIGATION OF PUBLIC UTILITY CORPORATIONS 157.
Página 158
... securities . It would be physically impossible , unless the investigating commit- tee , with a large expert staff , were to take at least several years , to make a full and fair disclosure to the public of the soundness or unsoundness ...
... securities . It would be physically impossible , unless the investigating commit- tee , with a large expert staff , were to take at least several years , to make a full and fair disclosure to the public of the soundness or unsoundness ...
Página 161
... securities issued by such corporations ; and the com- missions or bonuses paid or received therefor . Fourth . The extent of the control exerted by holding companies , or stockholders thereof , or the extent to which the latter ...
... securities issued by such corporations ; and the com- missions or bonuses paid or received therefor . Fourth . The extent of the control exerted by holding companies , or stockholders thereof , or the extent to which the latter ...
Términos y frases comunes
amount Association authority average blue sky law blue-sky census CHAIRMAN character charged cities citizen committee common stock Constitution construction consumers corporation engaged cost customers dividends earnings electric company electrical energy EMERY engaged in interstate excess exercise fact Federal Trade Commission financing fourth amendment holding company holding-company increase industry inquiry Interstate Commerce Commission intrastate investigation jurisdiction kilowatt-hours kilowatts legislate LENROOT light and power limited line extension ment mittee municipal Muscle Shoals National operating companies opinion panies Pennsylvania plant porations preferred stock present private affairs proposed public ownership Public Service Commission public utility corporations purpose question Railroad Railway RANSOM referred regulation require resolution respect revenue rural Rushville Electric Light security issues Senator HAWES Senator HOWELL Senator SACKETT Senator WALSH Senator WHEELER sold statement stocks and bonds subject matter subsidiary Supreme Court tion United utility companies WALSH of Montana witness Yes Yes
Pasajes populares
Página 240 - We hold, however, that the basis of all calculations as to the reasonableness of rates to be charged by a corporation maintaining a highway under legislative sanction must be the fair value of the property being used by it for the convenience of the public...
Página 164 - ... by the laws of England be guilty of a trespass, yet where private papers are removed and carried away the secret nature of those goods will be an aggravation of the trespass, and demand more considerable damages in that respect.
Página 240 - And in order to ascertain that value, the original cost of construction, the amount expended in permanent improvements, the amount and market value of its bonds and stock, the present as compared with the original cost of construction, the probable earning capacity of the property under particular rates prescribed by statute and the sum required to meet operating expenses, are all matters for consideration, and are to be given such weight as may be just and right in each case.
Página 240 - ... the original cost of construction, the probable earning capacity of the property under the particular rates prescribed by statute, and the sum required to meet operating expenses, are all matters for consideration, and are to be given such weight as may be just and right in each case.
Página 165 - Though the proceeding in question is divested of many of the aggravating incidents of actual search and seizure, yet, as before said, it contains their substance and essence, and effects their substantial purpose.
Página 202 - There can be no doubt of the general power of a State to regulate the fares and freights which may be charged and received by railroads or other carriers, and that this regulation can be carried on by means of a Commission. Such a Commission is merely an administrative board created by the State for carrying into effect the will of the State as expressed by its Legislature.
Página 153 - UNITED STATES SENATE, COMMITTEE ON INTERSTATE COMMERCE, Washington, DC The committee met at 10 o'clock am, pursuant to adjournment on yesterday, in room 212, Senate Office Building, Senator James E.
Página 240 - What the company is entitled to ask is a fair return upon the value of that which it employs for the public convenience. On the other hand, what the public is entitled to demand is that no more be exacted from it for the use of a public highway than the services rendered by it are reasonably worth.
Página 181 - Anyone •who respects the spirit as well as the letter of the fourth amendment would be loath to believe that Congress intended to authorize one of its subordinate agencies to sweep all our traditions into the fire (Interstate Commerce Commission v. Brimson, 154 US 447, 479) and to direct fishing expeditions into private papers on the possibility that they may disclose evidence of crime.
Página 180 - One, that the two houses of Congress, in their separate relations, possess not only such powers as are expressly granted to them by the Constitution, but such auxiliary powers as are necessary and appropriate to make the express powers effective ; and, the other, that neither house is invested with "general...