MODIFICATION OF RAILROAD FINANCIAL STRUCTURES HEARINGS BEFORE SUBCOMMITTEE OF THE COMMITTEE ON UNITED STATES SENATE EIGHTIETH CONGRESS FIRST SESSION ON S. 249 A BILL TO AMEND THE INTERSTATE COMMERCE ACT, AS AMENDED, AND FOR OTHER PURPOSES COMMITTEE ON INTERSTATE AND FOREIGN COMMERCE WALLACE H. WHITE, JR., Maine, Chairman CHARLES W. TOBEY, New Hampshire EDWIN C. JOHNSON, Colorado CLYDE M. REED, Kansas TOM STEWART, Tennessee OWEN BREWSTER, Maine ERNEST W. McFARLAND, Arizona ALBERT W. HAWKES, New Jersey WARREN G. MAGNUSON, Washington E. H. MOORE, Oklahoma FRANCIS J. MYERS, Pennsylvania HOMER E. CAPEHART, Indiana BRIEN MCMAHON, Connecticut SUBCOMMITTEE ON S. 249 CLYDE M. REED, Kansas, Chair man ALBERT W. HAWKES, New Jersey FRANCIS J. MYERS, Pennsylvania EDWARD COOPER, Professional Staff Member CONTENTS 137 Bourne, Edward W., Alexander & Green, for protective committee of the Chicago, Rock Island & Pacific bonds, 120 Broadway, New Bushby, Wilkie, Root, Clark, Buckner & Ballantine, representing a group of insurance companies. holding Chicago, Rock Island & Pacific bonds, New York, N. Y.. Callaway, M. P., trustee, Central of Georgia Railway Co., Savannah, Carmichael, George T., vice president, New York, New Haven & Hartford Railroad Co., New Haven, Conn.-- Cocke, W. C., trustee, Seaboard Air Line Railway Co., Norfolk, Va.. 245 15 225 323 Railroad Co., Westfield, Mass. 203 133 283 463 ington, D. C., representing Alabama, Georgia & Florida Railway. 271 97 482 276 264 Loomis, James Lee, chairman, board of directors, Connecticut Mutual Life Insurance Co., Hartford, and trustee, New York, New Haven, & Hartford Railroad Co., New Haven, Conn.. Mecartney, Malcolm, associate counsel, preferred stock committee, 116, 351, 508 Miller, Paul, counsel, St. Louis Southwestern Railway, New York, Minton, A. Albert, counsel, protective committee, Wisconsin, Central first mortgage bonds, New York, N. Y. Morfa, R. J., chairman of the board of directors, Missouri-Kansas- Texas Railroad Co., Dallas, Tex..-- Noble, John, Jr., counsel for the trustee, Boston & Providence Rail- road Corp.; Warren, Garfield, Whiteside & Lamson, Canton, Mass. 53 Norton, Henry K., trustee, New York, Susquehanna & Western Railroad Co., 140 Cedar Street, New York, N. Y. O'Connell, J. Harlin, representing a group of general mortgage bond- holders of the New York, Susquehanna & Western Railroad Co., Oliver, Fred N., general counsel, National Association of Mutual Savings Banks, New York, N. Y. Purcell, Robert T., vice chairman, Alleghany Corp.; vice chairman and general counsel, Chesapeaké & Ohio Railway Co., Cleveland, |