Merger Plan Seeks 993 Year Lease Between Railways
Indianapolis May 4 The Chicago Terre Haute and Southeastern railway seeks merger into the Chicago Milwaukee and St Paul system via a 993 year lease. The two roads filed papers with the public service commission and will present terms to stockholders May 11. The Milwaukee Road would pay interest on 13.317 million dollars in bonds and principal when due and may buy Southeastern at ten dollars a share.
MENTIONED IN THIS ARTICLE
Indianapolis
Ind
Chicago, Terre Haute and Southeastern Railway
Chicago, Milwaukee and St. Paul
Public Service Commission
Chicago, Terre Haute and
Southeasternia
Southeastern
Bank Ends Gold Cargoes To America By Nordic Lines
Stockholm Engkilda Bank and the Norwegian American, Swedish American, and Scandinavian American lines announce a halt on carrying gold cargoes to America citing security concerns and declining shipments.
MENTIONED IN THIS ARTICLE
Stockholm
Engkilda Bank
Sle
America
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