Public Ownership of Railroads
Public Ownership of Railroads
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In our eReader you can find the full English version of the book. Read Public Ownership of Railroads 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 Public Ownership of Railroads
What reading level is Public Ownership of Railroads book?
To quickly assess the difficulty of the text, read a short excerpt:
31 "FUNDS TO BE RECOVERED ON BEHALF OF THE STOCKHOLDERS.
"From the facts developed in this investigation, it would seem that there is little question concerning the recovery of a substantial amount of the stockholders' money that has been wasted.
"If any expenditures were made in violation of the antitrust laws of the United States, are not such expenditures ultra vires and is it not the legal obligation of the directors to satisfy out of their own fortunes any loss which results to the company...?
"These are all pertinent questions in the light of the developments brought about by this investigation.
"Directors can not without accountability deplete a corporate treasury in ventures which are in violation of the law of the land.
"DIRECTORS CONSCIOUSLY TRANSGRESSING ANTIMONOPOLY LAWS.
"The evidence shows that in pursuance of the policy of transportation monopoly the New Haven purchased the Connecticut trolleys, the Rhode Island trolleys, the Massachusetts trolleys, steamship lines, the Boston & Maine Railroad, and other means of transportation that were available and purchasable.
What to read after Public Ownership of Railroads?
You can find similar books in the "Read Also" column, or choose other free books by Albert May Todd to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
31 "FUNDS TO BE RECOVERED ON BEHALF OF THE STOCKHOLDERS.
"From the facts developed in this investigation, it would seem that there is little question concerning the recovery of a substantial amount of the stockholders' money that has been wasted.
"If any expenditures were made in violation of the antitrust laws of the United States, are not such expenditures ultra vires and is it not the legal obligation of the directors to satisfy out of their own fortunes any loss which results to the company...?
"These are all pertinent questions in the light of the developments brought about by this investigation.
"Directors can not without accountability deplete a corporate treasury in ventures which are in violation of the law of the land.
"DIRECTORS CONSCIOUSLY TRANSGRESSING ANTIMONOPOLY LAWS.
"The evidence shows that in pursuance of the policy of transportation monopoly the New Haven purchased the Connecticut trolleys, the Rhode Island trolleys, the Massachusetts trolleys, steamship lines, the Boston & Maine Railroad, and other means of transportation that were available and purchasable.
What to read after Public Ownership of Railroads?
You can find similar books in the "Read Also" column, or choose other free books by Albert May Todd to read onlineMoreLess
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