American And Foreign Investment Bonds
American And Foreign Investment Bonds
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7, as amended by Acts 1909, chap. 417, sec. I; Acts 1914, chap. 742, sees. 155-60; Acts 1914, chap. 787, sees. 9 and 10; see also Acts 1910, chap. 518; Acts 1906, chap. 463, part 3, sees. 9 and 44; Acts 1911, chap. 442; Acts 1908, chap. 266; New York: Laws 1910, chap. 480, sees. 53 and 68; chap. 481, sees. 9 and 10; chap. 673, sec. 3; N. Y. Com. Laws, chap. 48, sees. 53, 68, and 99 (i); Pennsylvania: Laws 191 3, no. 854, art. 3, ^ It has been remarked with some show of reason that, under modem ...conditions, public-service corporation franchises exist to enable bankers to sell the bonds.
PUBLIC-SERVICE CORPORATION BONDS 213 Certificates of public convenience and necessity are not issued unless the commissions are convinced that the granting of addi- tional facilities is for the public good. The commis- ^, . , .
^_ ^ ° _ _ Conditions sions have taken the position that duplication of under which plants is paid for, in the long run, either by the public of public • • 1*1 1. T- "i T- ij convenience m poorer service or higher rates or by security-holders and necessity in losses on their investment.
What to read after American And Foreign Investment Bonds?
You can find similar books in the "Read Also" column, or choose other free books by William L William Lee Raymond to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
7, as amended by Acts 1909, chap. 417, sec. I; Acts 1914, chap. 742, sees. 155-60; Acts 1914, chap. 787, sees. 9 and 10; see also Acts 1910, chap. 518; Acts 1906, chap. 463, part 3, sees. 9 and 44; Acts 1911, chap. 442; Acts 1908, chap. 266; New York: Laws 1910, chap. 480, sees. 53 and 68; chap. 481, sees. 9 and 10; chap. 673, sec. 3; N. Y. Com. Laws, chap. 48, sees. 53, 68, and 99 (i); Pennsylvania: Laws 191 3, no. 854, art. 3, ^ It has been remarked with some show of reason that, under modem ...conditions, public-service corporation franchises exist to enable bankers to sell the bonds.
PUBLIC-SERVICE CORPORATION BONDS 213 Certificates of public convenience and necessity are not issued unless the commissions are convinced that the granting of addi- tional facilities is for the public good. The commis- ^, . , .
^_ ^ ° _ _ Conditions sions have taken the position that duplication of under which plants is paid for, in the long run, either by the public of public • • 1*1 1. T- "i T- ij convenience m poorer service or higher rates or by security-holders and necessity in losses on their investment.
What to read after American And Foreign Investment Bonds?
You can find similar books in the "Read Also" column, or choose other free books by William L William Lee Raymond to read onlineMoreLess
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