Chesapeake,Ohio Railroad control,Chicago,Eastern Illinois,Carroll Shanks,1937

Title: Chesapeake and Ohio to get control of Chicago and Eastern Illinois Railroad. Washington, D.C., May 14. Carroll M. Shanks, Chairman of the Chicago and Eastern Illinois Railroad Mortgage Bondholders Protective Committee, told the Senate Railroad Financing Committee today that the proposed reorganization plan for the C.&E.I now pending on federal courts would give the control to the Chesapeake and Ohio. The Senate Committee has been investigating the $700,000 load procured by the C.&E.I from the Midland Bank of Cleveland. Later testimony brought out at the hearing proved that the Chesapeake and Ohio actually made the loan with the bank acting as the road's agent, 5/14/1937
Creator(s): Harris & Ewing, photographer
Date Created/Published: 1937 May 14.
Notes:
Title from unverified data received with the Harris & Ewing Collection on the negative or negative sleeve.
Gift; Harris & Ewing, Inc. 1955.
General information about the Harris & Ewing Collection is available at http://hdl.loc.gov/loc.pnp/pp.hec
Temp. note: Batch four.
Subjects:
United States--District of Columbia--Washington (D.C.)
Bookmark /hec2009009414/
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