HomeMy WebLinkAboutResolution No. 1677 r; Clog
RESOLUTION NO. 1, 7 /
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
SUPPORTING A MERGER OF THE CHICAGO, ROCK ISLAND AND
PACIFIC RAILROAD COMPANY INTO UNION PACIFIC RAILROAD
COMPANY
WHEREAS, the Interstate Commerce Commission has pending before it an
•--• application in Finance Docket No. 23286 for authority to merge the Chicago,
Rock Island and Pacific Railroad Company into Union Pacific Railroad Company;
and
WHEREAS, said Commission also has pending before it an application in
Finance Docket No. 23595 by Southern Pacific Company for authority to purchase
from Union Pacific Railroad Company, upon consummation of the foregoing merger,
the portion of the present lines of Chicago, Rock Island and Pacific Railroad
Company south and west of Kansas City; and
WHEREAS, this merger and purchase would result in improved service and
the availability of a railroad with greater resources and equipment, and more
especially it will place :D`ri.`xi : ear on a single -line, main -line route between
the important gateway of Memphis, Tennessee and the west coast, all to the
improvement of the economic welfare of the City of o:wm :y , all of which in
the "public interest ":
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS
FOLLOWS:
SECTION 1. That the City Council of the City of Downey does hereby
endorse and support such merger and subsequent purchase as proposed in the
aforesaid dockets, and the City Council of the City of Downey is authorized to
direct to be done everything necessary or desirable to advise the Interstate
Commerce Commission of its position, including, but not limited to, the filing
of a petition for leave to intervene in support, or the furnishing of a witness
or witnesses.
SECTION 2. The City Clerk shall certify to the adoption of this resolu-
tion.
AYPROVED AND ADOPTED this 25th day of January, 1966.
Mayor
ATTEST:
City C1'rk
I HEREBY CERTIFY that the foregoing resolution was adopted by the City
Council of the City of Downey at a regular meeting held thereof on the 25th day
of January, 1966, by the following voe,k ( I
AYES : � ° a C L - ,.�-z , v / . Z.e,Z . ,!A- &-- l Lj -
•-�
NOES: Councilmen:
ABSENT: Councilmen: I t,
u % ,�,
Mayor}