This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Over-Capitalization Of Corporations Spurs Large Ill-Gotten Profits
A Connecticut legislative hearing examines over capitalization by public service firms. Speaker asserts bond stock schemes inflate value and conceal earnings, listing Interborough style cases and Waterbury Traction, Consolidated Railway, and Connecticut Railway & Lighting, with comparisons to Massachusetts regulation. Calls for a small public service commission to regulate rates and curb abuses, arguing current private gains exceed public benefit and that supervision improves fair pricing and service. A marriage license notice and a local ad snippet follow.
MENTIONED IN THIS ARTICLE
Ralph C. Wells
State Business Men’s Association
Jones, Smith and Jones
Jones, Smith & Jones
Street Railway Company
Construction Company
Street Railway
Jones
Smith
Connecticut
Massachusetts
Consolidated Railway Company
New York, New Haven & Hartford Railroad Company
Waterbury Traction Company
Subway
New York City
Public Service Commission
Public Service Corporation
Electric Light
Waterbury
Hartford
New London
Meriden
Connecticut Company
Norwalk
New Britain
Putnam
Simsbury
United Dlominating Company
Howland Dry Goods Company
Wolverine Motor Works
Rockville
Willimantic
New York, New Haven
Massachusetts Street Railway Company
Massachusetts Gas and Electric Light Companies