Rural Telephone Supplemental Financing: Hearings Before ..., 90-1 on H.R. 12066, August 23 and 24, 19671967 - 77 pages |
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Page 12
... million in class A stock will be subscribed by 1977 , at which time , we believe , it is the intent of Congress to encourage the conversion of ownership , con- trol , and operation of the rural telephone bank to the private sector of ...
... million in class A stock will be subscribed by 1977 , at which time , we believe , it is the intent of Congress to encourage the conversion of ownership , con- trol , and operation of the rural telephone bank to the private sector of ...
Page 15
... million maximum amount of class A stock . Therefore , the intermediate loan period should end at the same time the ownership , control , and operation of the telephone bank can begin to revert to the private sector by redemption of the ...
... million maximum amount of class A stock . Therefore , the intermediate loan period should end at the same time the ownership , control , and operation of the telephone bank can begin to revert to the private sector by redemption of the ...
Page 16
... million was financed primarily by the Kellogg Credit Corporation , a subsidiary of International Telephone and Telegraph ; the remaining 9 per cent represented Apache's invest- ment and minority interest . I think the emphasis should be ...
... million was financed primarily by the Kellogg Credit Corporation , a subsidiary of International Telephone and Telegraph ; the remaining 9 per cent represented Apache's invest- ment and minority interest . I think the emphasis should be ...
Page 35
... million in loan ap- plications . The average subscriber density for all REA telephone borrowers is 3.7 per mile , compared with 16 telephone subscribers per mile for the independ- ent industry generally and an estimated 40 subscribers ...
... million in loan ap- plications . The average subscriber density for all REA telephone borrowers is 3.7 per mile , compared with 16 telephone subscribers per mile for the independ- ent industry generally and an estimated 40 subscribers ...
Page 37
... million . Comment : The existing provision in the Bill contemplates the accumulation of $ 100 million in Class B stock subscriptions and their retention as part of the equity capital structure of the bank . The amendment would in effect ...
... million . Comment : The existing provision in the Bill contemplates the accumulation of $ 100 million in Class B stock subscriptions and their retention as part of the equity capital structure of the bank . The amendment would in effect ...
Expressions et termes fréquents
2-percent loans 2-percent money acquisition Agriculture amendment amount application areas bank bill bank loans BELCHER believe BOLLINGER capital CHAIRMAN Class A stock Congress corporation cost of money debt DOLE earnings employees entities equity Federal funds Government grade of service holding company increase Independent Telephone interest rate intermediate loan investment JONES of Missouri Junction City KLEPPE legislation LUCIER million MOTT MYERS North Dakota O'NEAL objectives operations pany percent PETERSON Pioneer Telephone president proposed purchase question rate of interest rate of return REA Borrowers Committee REA loan reason Rural Electrification Act Rural Electrification Administration rural telephone account rural telephone bank rural telephone systems Secretary section 201 sell square mile statement supplemental financing TEAGUE of California tele Telephone Association Telephone Bank Board telephone companies Telephone Cooperative telephone debentures telephone program telephone service tion Treasury United WAMPLER WILBOURN ZWACH
Fréquemment cités
Page 1 - States and such guaranty shall be expressed on the face thereof, and such bonds shall be lawful investments, and may be accepted as security, for all fiduciary, trust, and public funds the investment or deposit of which shall be under the authority or control of the United States or any officer or officers thereof.
Page 1 - The Corporation, including its franchise, its capital, reserves, and surplus, and its income shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority...
Page 3 - Act of 1936, as amended, is repealed. (b) Section 201 of the Rural Electrification Act of 1936, as amended, is amended by inserting ", to public bodies now providing telephone service in rural areas", immediately after the word "areas...
Page 1 - ... for such a loan and funds are available therefor. Notwithstanding the foregoing or any other provision of law, all loans made pursuant to this Act for facilities for telephone systems with an average subscriber density of three or fewer per mile shall be made under section 201 of this Act...
Page 1 - Act, (2) for the purposes of financing, or refinancing, the construction, improvement, expansion, acquisition, and operation of telephone lines, facilities, or systems, in order to improve the efficiency, effectiveness, or financial stability of...