Federal Register - June 5, 1953

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Source: Federal Register

3246

NOTICES

the commercial state and to the manu facture and sale of the same will require the expenditure of substantial new cap ital funds in the business. It is also stated that more facilities and personnel will be required not only for this pro gram but for the companys develop ment work in metallurgical and other fields and for the servicing of its in creased volume of contract research and development for others. In order to raise the additional new funds needed Ionics, proposes, after consummation of the recapitalization plan, to sell to the public through underwriters not less than 131,784 additional shares of its new common stock. Research would own 50.5 percent of all of the new com mon stock outstanding after such sale.
At March 31,1953, Research valued its 7,500 shares of common stock of Ionics at $500,000 and its 1,489 shares of pre ferred stock at $148,900. H ie applica tion states that if a similar valuation is placed on the common stock not owned by Research that the entire presently outstanding preferred and common stock of Ionics would have a total value of $915,559. On the basis of such a valua tion the 199,568 shares of new common stock to be issued to Research would have a value of $694,440 as compared with its present valuation of its hold ings of Ionics stocks of $648,900.
Notice is further given that any inter ested person may not later than June 15, 1953, at 5:30 p. m., submit to the Com mission in writing any facts bearing upon the desirability of a hearing on the mat ter and may request that a hearing be held, such request stating the nature of his interest, the reasons for such request and the issues, if any, of fact or law pro posed to be controverted, or he may request that he be notified if the Com mission should order a hearing thereon.
Any such communication or request should be addressed: Secretary, Securi ties and Exchange Commission, 425 Sec ond Street NW., Washington 25, D. C.
At any time after said date the applica tion may be granted as provided in Rule N-5 of the rules and regulations promul gated under the act.
By the Commission.
se a l

O rval L. D u B o i s ,
Secretary.
B. Doc. 53-5015; P iled , J u n e 4, 1953;
8:48 a. m .

INTERSTATE COMMERCE
COMMISSION
No. 31274
K a n sa s I n t ra sta t e F re ig h t R a t e s C harges
and
NOTICE OF INVESTIGATION AND HEARING

At a session of the Interstate Com merce Commission, Division 1, held at its office in Washington, D. C., on the 28th day of May A. D. 1953.
It appearing, that a petition, dated April 3, 1953, has been filed on behalf
of The Atchison, Topeka and Santa Fe Railway Company and other common carriers by railroad operating to, from and between points in the State of Kansas, in interstate and intrastate com merce, averring that in Ex Parte No. 175, Increased Freight Rates, 1951,2811. C. C, 557 and 284 I. C. C. 589, the Commission authorized carriers subject to the Inter state Commerce Act parties thereto to make certain increases in their freight rates and charge for interstate applica tion throughout the United States; and that increases under such authoriza tions have been made;
It further appearing, that the peti tioners allege that the State Corpora tion Commission of the State of Kansas, by various orders, has refused to au thorize or permit them to apply to the transportation of the following com modities, moving intrastate by railroad in Kansas, increases in freight rates and charges thereon corresponding to those approved for interstate application in the proceeding above cited:
H ay, carloads, A gricu ltu ral lim e sto n e, carloads, C lay sew er pipe, clay d rain tile , an d a rticles grou p ed th e rew ith , carloads, B itu m in o u s coal, carloads.
P etro leu m an d its p rod u cts, carloads, C em en t, carloads, S u gar b eets, carloads, A rticles m ovin g on cla ss rates, carload, a n y q u a n tity , an d less-carload .

unjust discrimination against interstate or foreign commerce; and to determine what rates and charges, if any, or what maximum, or minimum, or maximum and minimum rates and charges shall be prescribed to remove the unlawful ad vantage, preference, prejudice, or dis crimination, if any, that may be found to exist;
It is further ordered, That all com mon carriers by railroad operating with in the State of Kansas which are subject to the jurisdiction of this Commission be, and they are hereby, made respond ents to this proceeding; that a copy of this order be served upon each of the said respondents; and that the State of Kansas be notified of the proceeding by sending copies of this order and of said petition by registered mail to the Gov ernor of the said State and to the State Corporation Commission of thé State of Kansas, at Topeka, Kansas;
It is further ordered, That notice of this proceeding be given to the public by depositing a copy of this order in the office of the Secretary of the Commis sion, at Washington, D. C., for public inspection, and by filing a copy with the Director, Division of the Federal Reg ister, Washington, D. C. ;
And it is further ordered, That this proceeding be assigned for hearing at such time and place as the Commission may hereafter designate.
By the Commission, Division 1.

It further appearing, that the peti tioners allege that such refusal causes seal G eorge W . L aird , and results in undue and unreasonable Acting Secretary.
advantage, preference, and prejudice as P.
R.
Dc.
53-5020;
F iled , J u n e 4, 1953;
between persons and localities in intra 8:49 a. m .
state commerce, on the one hand, and interstate commerce, on the other hand, and in undue, unreasonable and unjust discrimination against interstate com merce in violation of section 13 of the R ev. S. O. 562, T aylors I. C. C. Order 19-A
Interstate Commerce Act;
C o l u m b ia N e w b e r r y and L aurens And it further appearing, that there R ailroad C o .
have been brought in issue by the said r e r o u t in g or d iv e r s io n o f traffic petition rates and charges made or im posed. by authority of the State of Upon further consideration of T aylors Kansas:
I. C. C. Order No. 19, and good cause It is ordered, That, in response to the appearing therefor: It is ordered, That:
said petition, an investigation be, and it a Taylors I. C. C. Order No. 19, be, is hereby, instituted, and that a hearing and it is hereby vacated and set aside.
be held therein for the purpose of receiv b Effective date: This order shall ing evidence from the respondents effective at 11:00 a. m., May 29, hereinafter designated and any other become persons interested to determine whether 1953.
It is further ordered, Thqt this order the rates and charges of the common shall be served upon the Association of carriers by railroad, or any of them, op American Railroads, Car Service D ivi erating in the State of Kansas, for insion, as agent of all railroads subscribing trasate transportation of property, made or imposed by authority of the to the car service and per diem agree State of Kansas, cause or will cause, by ment under the terms of that a g reem en t reason of the failure of such rates and and by filing it with the Director, Divi charges to include increases correspond sion of the Federal Register.
ing to those permitted by this CommisIssued at Washington, D. C., May 29, ,sion for interstate traffic in said Ex Parte 1953.
No. 175, Increased Freight Rates, 1951, I n t e r st a t e C ommerce supra, any undue or unreasonable ad C o m m is s io n , vantage,preference, or prejudice, as be C h a r l e s W . T aylor , tween persons or localities in intrastate Agent.
commerce, on the one hand, and inter state or foreign commerce, on the other P. R . Doc. 53-5022; F iled , J u n e 4, 1953;
hand, or any undue, unreasonable, or 8:49 a. m .

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Federal Register - June 5, 1953

TitoloFederal Register

PaeseStati Uniti

Data05/06/1953

Conteggio pagine28

Numero di edizioni7859

Prima edizione14/03/1936

Ultima edizione18/09/2026

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