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 PDF Download

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. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.