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3%'s Illinois Central Aberdeen additions and betterments aggregate amortization amount of bonds animal husbandry approximately Atlantic Coast Line average number bankruptcy Baton Rouge Belleville Bloomington Blue Island Board of Directors bond purchasing program Bonds due bonds maturing Brookhaven Cairo callable bonds Canton capital capital expenditures cash certiorari Chicago Class I railroads Collateral Collateral Trust common stock Consolidated Mortgage Bonds continental United Court Current Assets Debenture debt reduction debt structure December 31 depression depression period diesel locomotives directors of Illinois dividends Division & Terminal Dubuque Dunleith early maturing earnings Eastern Railroad Company Equipment Obligations Eugene W exchange offer Executive Committee expenditures financial problems fixed charges Fredonia freight freight cars Funded Debt George W Golconda holding in amounts Illinois Central Railroad improvement increased indebtedness Indenture insurance companies interest Interstate Commerce Commission investment Island Railroad Company Joint First Refunding Joint Refunding July 31 Kensington Kentucky Kiendl Leased Line lines Loeb & Co Louis Louisiana Louisville maintenance Memphis miles of railroad Mississippi Valley Natchez negative pledge net income non-callable number of employees Offer of Exchange Ohio River Omaha operating revenues Orleans Railroad Company outstanding bonds paid payment period pledged preferred stock President principal amount prior lien bonds provision Purchased Lines Railway Company receivership Reconstruction Finance Corporation reduced Refunding Mortgage Bonds result revenue passenger miles road roadway and structures sealed public bidding September 15 Series E Bonds Ship Island simplification sinking fund Sioux City sold South Chicago Southern Southern Railway Company Springfield Stetson Stock Certificates stockholders Stuart & Co substantial Sunderland THOMAS E tion transportation Union Pacific Union Securities unmatured Western Lines World War II Yazoo