MODIFICATION OF RAILROAD FINANCIAL STRUCTURES 4.S. Congress, Sen 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, 62410 MAY 21, 23, 27, 28, 29, JUNE 4, 5, AND 6, 1947 Printed for the use of the Committee on Interstate and Foreign Commerce UNITED STATES WASHINGTON: 1947 CONTENTS Statement of-- Bourne, Edward W., Alexander & Green, for protective committee Bushby, Wilkie, Root, Clark, Buckner & Ballantine, representing a Callaway, M. P., trustee, Central of Georgia Railway Co., Savannah, Ga Carmichael, George T., vice president, New York, New Haven & Cocke, W. C., trustee, Seaboard Air Line Railway Co., Norfolk, Va.. Colnon, Aaron, trustee, Chicago, Rock Island & Pacific Railway Co., Cunningham, Thomas M., counsel for M. P. Callaway, trustee of Davis, C. McD., president, Atlantic Coast Line Railroad Co., Wil- Page 384 286 211 238 225 323 463 Gerdes, John, Gerdes & Montgomery, representing Chicago, Rock Hagerty, Harry, Metropolitan Life Insurance Co., New York, N. Y. Jansen, Arthur, Barrons Magazine, New York, N. Y.. La Roe, Wilbur, attorney at law, Investment Building, Washington, 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, 361 271 97 482 276 264 116, 351, 508 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. 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 Ohio 158 |