Incorporation of Panama Railroad Company: Hearing Before the Subcommittee of the Committee on Armed Services, United States Senate, Eightieth Congress, Second Session, on S. 2002 and S. 2747, a Bill to Amend the Canal Zone Code for the Purpose of Incorporating the Panama Railroad Company. May 19 and 25, 1948U.S. Government Printing Office, 1948 - 56 pages Considers (80) S. 2002, (80) S. 2747. |
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Page 3
... interest at a rate deter- mined by the Secretary of the Treasury , taking into account the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the making of the loan ...
... interest at a rate deter- mined by the Secretary of the Treasury , taking into account the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the making of the loan ...
Page 5
... interest cost of the funds or other assets directly invested in the corporation , the cor- poration shall pay interest to the Treasury , at least annually , on the net direct investment of the Government in the corporation , as defined ...
... interest cost of the funds or other assets directly invested in the corporation , the cor- poration shall pay interest to the Treasury , at least annually , on the net direct investment of the Government in the corporation , as defined ...
Page 6
... interest to the Treasury on any part of its surplus , as above defined . Repayments to the Treasury as dividends shall be applicable as offsets against directly contributed capital , past or future , in determining the base for the interest ...
... interest to the Treasury on any part of its surplus , as above defined . Repayments to the Treasury as dividends shall be applicable as offsets against directly contributed capital , past or future , in determining the base for the interest ...
Page 7
... interest , in and to such assets , which the United States now has or may hereafter acquire by virtue of the Convention of November 18 , 1903 , between the United States and the Republic of Panama ; and , specifically , there are hereby ...
... interest , in and to such assets , which the United States now has or may hereafter acquire by virtue of the Convention of November 18 , 1903 , between the United States and the Republic of Panama ; and , specifically , there are hereby ...
Page 8
... interest payments required under section 246 ( c ) . " 254. EMERGENCY FUND . - The corporation may borrow from a fund to be established and maintained in the Treasury , for any authorized purposes of the corporation , but for limited ...
... interest payments required under section 246 ( c ) . " 254. EMERGENCY FUND . - The corporation may borrow from a fund to be established and maintained in the Treasury , for any authorized purposes of the corporation , but for limited ...
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Expressions et termes fréquents
adjunct amend the Canal amount applicable as offsets appointment appurtenances Armed Services Army August 24 blanketed board of directors Budget BURDICK Bureau business enterprises Canal and Canal Canal enterprise Canal Zone Code capital stock Chairman charter Civil Service Commission civil-service laws Classification Act conducting business operations construct or acquire Corporation Control Act draft of bill employees Exhibit Federal funds Government agencies Government Corporation Control Governor incorporating the Panama investment Isthmus of Panama Krebs language legislation LOVELADY maintenance ment necessary or appropriate organization Panama Canal Panama Canal Zone Panama Railroad Company pany paragraph passengers or freight payments persons poration positions present corporation proposed amendment purpose of conducting purpose of incorporating receipt referred reimburse Republic of Panama sanitation Secretary section 249 SEIDMAN Senator BALDWIN Senator MORSE ships stockholder subsection tion transfer treaties United United States Senate WAYNE MORSE York company York corporation
Fréquemment cités
Page 23 - Commission, which, together with the present organization, shall then cease to exist; and the President is authorized thereafter to complete, govern, and operate the Panama Canal and govern the Canal Zone, or cause them to be completed, governed, and operated, through a governor of the Panama Canal and such other persons as he may deem competent to discharge the various duties connected with the completion, care, maintenance, sanitation, operation, government, and protection of the canal and Canal...
Page 6 - ... to adopt, amend, and repeal bylaws governing the conduct of its business and the performance of the powers and duties granted to or imposed upon it by law...
Page 6 - The director shall be appointed by and hold office at the pleasure of the governor, and shall receive a salary of five thousand dollars per annum.
Page 6 - In the appointment of officials and the selection of employees for said Corporation, and in the promotion of any such employees or officials, no political test or qualification shall be permitted or given consideration, but. all such appointments and promotions shall be given and made on the basis of merit and efficiency.
Page 9 - The Republic of Panama grants to the United States all rights which it now has or hereafter may acquire to the property of the New Panama Canal Company and the Panama Railroad Company as a result of the transfer of sovereignty from the Republic of Colombia to the Republic of Panama over the Isthmus of Panama and...
Page 6 - War, may be paid by the corporation a reasonable per diem compensation for attending meetings of the board and for time spent on special service of the corporation, and their traveling expenses to and from such meetings, or when assigned to such special service.
Page 44 - Chauncey, and of purchasing and navigating such steam or sailing vessels as may be proper and convenient to be used in connection with the said road; and for such purposes all the necessary and incidental power is hereby granted to the said corporation.
Page 2 - That the management of the Corporation shall be vested in a board of directors, consisting of...
Page 2 - Upon any such payment a receipt therefor shall be issued by the corporation to the United States and delivered to the Secretary of the Treasury, and shall be evidence of the stock ownership of the United States. There is hereby authorized to be appropriated the sum of $10,000,000, in addition to the $5,000,000 heretofore authorized, for the purpose of paying such subscription.
Page 45 - States was to foster the development and encourage the maintenance of a privately owned American marine.