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Kanawha Central Railway seeks bonds in West Virginia
The Kanawha Central Railway, a West Virginia corporation, petitions the Interstate Commerce Commission for authority to issue bonds totaling 59 000 dollars for 20 years at interest rates to be set. A 16 202 28 note with interest, due in five years, is proposed to be issued to Chesapeake and Ohio Railway to cover indebtedness and new equipment. The company pledges 16 000 dollars of bonds to secure the note, with 924 000 remaining for treasury. The line runs from Stomland east to Knickerbocker entirely within the state and states it has no plans to issue outside financing.
MENTIONED IN THIS ARTICLE
Washington, D. C
Kanawas Central Railway Company
West Virginia Corporation
Interstate Commerce Commates Tanfor
Central ‘Trust Contrany of
Charleston
Chesapeake & Ohio Railway Company
Kanawha Railway
Kanawha Central
Stomland
Knickerbocker
Seip