Word: plan
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Dates: during 1930-1939
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...This plan would not only cut B. & M.'s fixed charges (from $7,428,555 to $3,428,555) but considerably reduce its fixed debt instead of just postponing the evil day as the Baltimore & Ohio did under its voluntary scaling down last summer...
Harassed President French replied: ". . . The proposed plan would avoid the waste, expense and losses which would be involved in a judicial proceeding which would probably be necessary. . . ." Other not-yet-insolvent railroads wondered whether Mr. Jones would urge similar plans on them...
Under 776, the company's Common stockholders had got over 67% of preferred holders to agree to a plan giving them a piece of the solvent, new company (to be known as Los Angeles Shipbuilding & Drydock Co.), had got their plan past the Federal courts as fair, feasible and equitable...
...former Investigator Douglas had been suspicious for years about plans being railroaded through courts without the judges having had a chance to decide whether they were scrutinizably fair, feasible and equitable. He had attacked many a plan as inequitable for giving the common stock rights when it really had no equity if creditors and preferred stockholders got their just due. When Douglas became Chairman of the SEC, he sponsored the Chandler Act which set up a special SEC division to study reorganization plans and inform judges about them as "friends of the Court...
...only difficulty Davis foresaw would be a shortage of liquor in the Square dispensaries before the end of the weekend if the plan went through...