Rail Mergers and Formation of the Burlington Northern Holding Company: Hearing Before the Committee on the Judiciary, United States Senate, Ninety-seventh Congress, Second Session ... March 26, 1982
U.S. Government Printing Office, 1982 - 889 sider
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abandonment acres action additional amount application approval assets authority benefits Burlington Northern capital carriers cars Chairman coal Commission COMMISSIONER Committee competition concern Congress CONRAD considered consolidation construction continue corporate cost Court decision determine earnings effect employees fact Federal filed formation further going grain hearing holding company income increased industry interest Interstate Commerce investment involved issue land grant legislation limited lines maintain major merger miles million Milwaukee mineral Montana natural North Dakota Northern Pacific Office operations original parties percent present proceeding production profit proposed question rail Railroad Company Railway rates reason received reduced Representatives result road route securities Senator BAUCUS Southern statement subsidiaries tion traffic transaction transfer transportation Union United Western
Side 705 - 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.
Side 310 - That the labor of a human being is not a commodity or article of commerce. Nothing contained in the antitrust laws shall be construed to forbid the existence and operation of labor, agricultural, or horticultural organizations, instituted for the purposes of mutual help, and not having capital stock or conducted for profit, or to forbid or restrain individual members of such organizations from lawfully carrying out the legitimate objects thereof...
Side 705 - Any of the district courts of the United States within the jurisdiction of which such inquiry is carried on may, in case of contumacy or refusal to obey a subpoena issued to any...
Side 737 - And be it further enacted that there be, and hereby is, granted to the 'Northern Pacific Railroad Company,1 its successors and assigns, for the purpose of aiding in the construction of said railroad and telegraph line...
Side 439 - And the better to accomplish the object of this act, namely, to promote the public interest and welfare by the construction of said railroad and telegraph line, and keeping the same in working order, and to secure to the government at all times (but particularly in time of war) the use and benefits of the same for postal, military and other purposes, Congress may, at any time, having due regard for the rights of said companies named herein, add to, alter, amend, or repeal this act.
Side 381 - ... every alternate section of public land, not mineral, designated by odd numbers, to the amount of twenty alternate sections per mile, on each side of said railroad line...
Side 282 - Company," its successors and assigns, for the purpose of aiding in the construction of said railroad and telegraph line to the Pacific coast, and to secure the safe and speedy transportation of the mails, troops, munitions of war, and public stores...
Side 715 - Currency, the amount thereof may be retained by the Treasurer of the United States, upon the order of the Comptroller of the Currency, out of the interest, as it may become due to the association, on the bonds deposited with him to secure circulation. All sums of money collected for penalties under this section shall be paid into the Treasury of the United States.
Side 316 - While the statements of the law thus relied upon are satisfactory in the connection in which they were used, they have been plainly and repeatedly held not applicable where stock ownership has been resorted to, not for the purpose of participating in the affairs of a corporation in the normal and usual manner, but for the purpose, as in this case, of controlling a subsidiary company so that it may be used as a mere agency or instrumentality of the owning company or companies.