Address of the People of San Francisco to the Members of Congress
Address of the People of San Francisco to the Members of Congress
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In our eReader you can find the full English version of the book. Read Address of the People of San Francisco to the Members of Congress Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Address of the People of San Francisco to the Members of Congress
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The creditors (including the Govern- ment) are protected not only by principles of 6 equity but by the individual liability of its stock- holders.
It was built and completed by the Contract and Finance Company, a corporation, composed of the same four. Men who owned the road, and who at its completion in 1869 divided not less than $40, 000, - 000, as the profits of construction over and above its cost and before any practical returns were re- ceived on account of operation. By thus diverting $4...0, 000, 000 which should have gone to pay the debts of this Company these men have been en- abled to dominate the people of the country and have used the means thus illegitimately obtained to assist in building up their enormous fortunes. . Out of this money and the earnings of the Cen- tral Pacific they have built the Southern Pacific, its tributaries and its branches. They have stocked the same with the best of the rolling stock belong- ing to the Central Pacific, and have resorted to every means possible to leave the last-named com- pany in a bankrupt"andjjcrippled condition.
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You can find similar books in the "Read Also" column, or choose other free books by San Francisco Calif Committee On Funding Bill to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The creditors (including the Govern- ment) are protected not only by principles of 6 equity but by the individual liability of its stock- holders.
It was built and completed by the Contract and Finance Company, a corporation, composed of the same four. Men who owned the road, and who at its completion in 1869 divided not less than $40, 000, - 000, as the profits of construction over and above its cost and before any practical returns were re- ceived on account of operation. By thus diverting $4...0, 000, 000 which should have gone to pay the debts of this Company these men have been en- abled to dominate the people of the country and have used the means thus illegitimately obtained to assist in building up their enormous fortunes. . Out of this money and the earnings of the Cen- tral Pacific they have built the Southern Pacific, its tributaries and its branches. They have stocked the same with the best of the rolling stock belong- ing to the Central Pacific, and have resorted to every means possible to leave the last-named com- pany in a bankrupt"andjjcrippled condition.
What to read after Address of the People of San Francisco to the Members of Congress?
You can find similar books in the "Read Also" column, or choose other free books by San Francisco Calif Committee On Funding Bill to read onlineMoreLess
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