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Plan and Agreement of Reorganization as Modified July 25, 1916 of the Missouri Pacific Railroad Company and St. Louis, Iron Mountain and Southern ... the Capital and Debt of Said Companies Dated - Softcover
Synopsis
Excerpt from Plan and Agreement of Reorganization as Modified July 25, 1916 of the Missouri Pacific Railroad Company and St. Louis, Iron Mountain and Southern Railway Company: Being the Plan and Agreement of Readjustment of the Capital and Debt of Said Companies Dated July 1, 1915, as Modified July 25, 1916
Prominent among the causes to which the present plight of the Company is due, are unremunerative freight and passenger rates, both local and interstate, from which the Company has thus far been unable to obtain material relief heavy increases in taxation and wages, and many burdensome requirements imposed by public authorities; and large investments in the securities of other railroad companies which, although they may have been justified at the time they were made, have since become unproductive. The amount invested in such securities aggregates about and entails heavy interest charges with no counterbalancing income from dividends or interest.
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Plan and Agreement of Reorganization as Modified July 25, 1916 of the Missouri
Print on DemandSeller: Forgotten Books, London, United Kingdom
Seller rating 5 out of 5 stars
Paperback. Condition: New. Print on Demand. This book, a collaborative effort between the author and various committees, outlines a plan for reorganizing the finances of two bankrupt railroad companies, the Missouri Pacific Railway Company, and the St. Louis, Iron Mountain and Southern Railway Company. The plan involves creating new corporations, merging old ones, and reorganizing and consolidating the railroad companies' debt. The author provides a detailed overview of the financial challenges faced by these companies, and explains the provisions of the plan intended to address these problems, including the issuance of new bonds and stocks, and the reduction of interest payments. The book places the plan within the context of the broader economic climate and regulatory environment of the early 20th century, shedding light on the challenges faced by the railroad industry during this period. By delving into the complexities of corporate finance and reorganization, this book offers insights into the evolution of the American railroad industry and the financial strategies employed to overcome economic adversity. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781333458386_0
Quantity: Over 20 available
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Plan and Agreement of Reorganization as Modified July 25, 1916 of the Missouri Pacific Railroad Company and St Louis, Iron Mountain and Southern the Capital and Debt of Said Companies Dated
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
Seller rating 5 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781333458386
Quantity: 15 available
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Plan and Agreement of Reorganization as Modified July 25, 1916 of the Missouri Pacific Railroad Company and St Louis, Iron Mountain and Southern the Capital and Debt of Said Companies Dated
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
Seller rating 5 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781333458386
Quantity: 15 available