Financial Condition of the Rock Island Railroad, Hearing Before the Surface Transportation Subcommittee Of..., 94-1, Mar. 10, 19751975 - 184 pages |
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Page 6
... court to keep the line running while the bankruptcy proceedings are in progress . Finally , if the company runs out of cash and does not file for bank- ruptcy or the trustee in the bankruptcy proceeding can no longer continue the ...
... court to keep the line running while the bankruptcy proceedings are in progress . Finally , if the company runs out of cash and does not file for bank- ruptcy or the trustee in the bankruptcy proceeding can no longer continue the ...
Page 19
... then reviewed by the Supreme Court . Also , agreements will have to be reached between many of the rail- roads involved to implement the conditions mandated by the Commis- sion , and those conditions may , of course , 19.
... then reviewed by the Supreme Court . Also , agreements will have to be reached between many of the rail- roads involved to implement the conditions mandated by the Commis- sion , and those conditions may , of course , 19.
Page 24
... Court decision under which Senator Pearson's proposal might be read as permitting extension beyond the 180 days during pendency of the proceeding . We think that authority should be made express if this addition is made to part one ...
... Court decision under which Senator Pearson's proposal might be read as permitting extension beyond the 180 days during pendency of the proceeding . We think that authority should be made express if this addition is made to part one ...
Page 31
... court . approval to rescind that commitment , which would increase the total availability to $ 23 million . In addition , the $ 12 to $ 18 million I am talking about now is for a 240 - day period , and it seems possible to us that ...
... court . approval to rescind that commitment , which would increase the total availability to $ 23 million . In addition , the $ 12 to $ 18 million I am talking about now is for a 240 - day period , and it seems possible to us that ...
Page 35
... courts would do with respect to stay orders and the like if there were judicial chal- lenges to the Commission's orders . Senator HARTKE . I am saying the Commission makes a decision that this service would be conducted by so and so on ...
... courts would do with respect to stay orders and the like if there were judicial chal- lenges to the Commission's orders . Senator HARTKE . I am saying the Commission makes a decision that this service would be conducted by so and so on ...
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$30 million 1st 7 weeks additional Amtrak authority bankruptcy capital carloads cars cash Chairman Chicago Commission's committee communities Company competitive Congress Conrail continue cost court directed carrier directed service economic employees EYSTER February February 26 Federal freight funds going Government grain grant Illinois INGRAM interest Interstate Commerce Act Interstate Commerce Commission Iowa JORDAN KAHN Kansas City legislation major ment Midwest miles Milwaukee Milwaukee Road months North Western Northeast operations Pacific Railroad Pacific-Rock Island merger passenger Penn Central percent present problem proposed PROVO rail service rail system Railway Association Regional Rail repayment revenue roads Rock Island Lines Rock Island merger Rock Island Railroad routes section 211 Senator HARTKE Senator PEARSON Senator STEVENSON served service order shippers shutdown situation STAFFORD statement substantial temporary tion track transportation truck U.S. REPRESENTATIVE Union Pacific Union Pacific-Rock Island United States Railway USRA