An Investor's Notes on American RailroadsG.P. Putnam's Sons, 1886 - 172 páginas |
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Página 88
... regulation , the effect of publicity will be very largely increased . It is thought possible by some observers that the formal legalization of pools would pro- duce satisfactory results , in the direction of publicity and a clear ...
... regulation , the effect of publicity will be very largely increased . It is thought possible by some observers that the formal legalization of pools would pro- duce satisfactory results , in the direction of publicity and a clear ...
Página 93
... regulation , the right of a constructing company to the increasing benefit of the business , which it builds up by its outlay and its skill , is no less real than that of the founder of a purely commercial or professional business to ...
... regulation , the right of a constructing company to the increasing benefit of the business , which it builds up by its outlay and its skill , is no less real than that of the founder of a purely commercial or professional business to ...
Página 101
... regulation , " properly so called . But the representatives of chartered interests may not unreasonably object , if " regulation " be so con- strued as to warrant a compulsory divorce between own- ership and management , which would ...
... regulation , " properly so called . But the representatives of chartered interests may not unreasonably object , if " regulation " be so con- strued as to warrant a compulsory divorce between own- ership and management , which would ...
Página 106
... regulation " is broad enough to cover the confiscation of valuable rights of contract . * It is indeed said that Commissioners would always be competent and trust- worthy . But , assuming that to be so , it does not answer the objection ...
... regulation " is broad enough to cover the confiscation of valuable rights of contract . * It is indeed said that Commissioners would always be competent and trust- worthy . But , assuming that to be so , it does not answer the objection ...
Página 107
... regulation as a mask for the confiscation of vested rights is quite another . Nor would the evil in such a case cease with the first loss inflicted on the stockholders . The future stability of the value of their securities would be ...
... regulation as a mask for the confiscation of vested rights is quite another . Nor would the evil in such a case cease with the first loss inflicted on the stockholders . The future stability of the value of their securities would be ...
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Términos y frases comunes
American railroads amount bonds capital charter citizens combination commercial Commissioners common carriers competent competition concern consideration considered Constitution construction contract coupons course court demagogue desire dividends doubt earning economical Eminent Domain England enquirer enterprise eral ex post facto existing favour floating debt foreign investor freight G. P. PUTNAM'S SONS Government holders inci incidents instance investment investor investor's point JOHN SWANN labour land lative leased lines legislation Legislature Let us suppose liberal limited ment observer organized owner party point of view political pool probably produce profit proposed protection purpose rail Railroad Commission railroad companies railroad corporation Railway Age rate of interest ready money reasonable regulation reserved power result risks road scarcely securities serious speculative stockholders success supply and demand tion to-day trade transporting companies whole worth
Pasajes populares
Página 157 - ... contained in this Act shall be deemed and taken to mean all corporations, companies, or individuals now owning or operating, or which may hereafter own or operate any railroad, in whole or in part, in this State, and the provisions of this Act shall apply to all persons, firms and companies, and to all associations of persons, whether incorporated or otherwise, that shall do business as common carriers upon any of the lines of railroad in this State, (street railways excepted) the same as to...
Página 167 - American Orations. From the Colonial Period to the Present Time. Selected as specimens of eloquence, and with special reference to their value in throwing light upon the more important epochs and issues of American history. Edited, with introduction and notes, by the late Alexander Johnston, Professor of Jurisprudence in the College of New Jersey.
Página 149 - The General Assembly shall not remit the forfeiture of the charter of any corporation now existing, or alter or amend the same, or pass any other general or special law for the benefit of such corporation, except upon the condition that such corporation shall thereafter hold its charter subject to the provisions of this Constitution.
Página 136 - State court at any time before the trial or final hearing of the cause, stating the facts and verified by oath, be removed for trial into the next district court to be held in the district where it is pending.
Página 140 - In deciding who are parties to the suit the court will not look beyond the record. Making a State officer a party does not make the State a party, although her law may have prompted his action, and the State may stand behind him as the real party in interest.
Página 151 - State board of education ; one for two years, one for four years, and one for six years...
Página 156 - States of competent jurisdiction, to a fine of not less than one thousand dollars nor more than five thousand dollars, or imprisonment for a term not less than one year nor more than three years, or both such fine and imprisonment ; Provided.
Página 155 - All such schedules purporting to be printed and published as aforesaid, shall be received and held in all such suits, asprima facie the schedules of said Commissioners, without further proof than the production of the schedules desired to be used as evidence, with a certificate of the Railroad Commission that the same is a true copy of the schedule prepared by them for the railroad company or corporation therein named...
Página 152 - State, and doing business in this State, shall charge, collect, demand or receive more than a fair and reasonable rate of toll or compensation, for the transportation of passengers or freight, of any description, or for the use and transportation of any railroad car upon its track, or any of the branches thereof, or upon any railroad within this State, which it has the right, license, or permission to use, operate, or control, the same shall be deemed guilty of extortion, and upon conviction thereof...
Página 159 - Commissioners. wilfully and unlawfully hinder, delay or obstruct said Commissioners in the discharge of the duties hereby imposed upon them, shall forfeit and pay a sum of not less than one hundred, nor more than five thousand dollars, for each offense, to be recovered in an action of debt in the name of the State.