This section is from the book "Business Finance", by William Henry Lough. Also available from Amazon: Business Finance, A Practical Study of Financial Management in Private Business Concerns.
Required $16,000,000 to $17,000,000
Necessary for Control $27,000,000 Preferred of the
Rock Island Company (of New Jersey)
This Company owned all the capital shares of the
Chicago, Rock Island and Pacific Railroad Company
Capital Shares $125,000,000
Collateral Trust Bonds 75,000,000
This Company had in its treasury all the capital shares of the
Chicago, Rock Island and Pacific Railway Company
(of Illinois) Capital Shares increased to $75,000,000
The later history of this combination and its ignominious end are discussed in later chapters.