The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-08-09

shall make all payments OF interest,
rents and other sums necessary to pre-
vent a default under any mortgage or
lease of any OF the property described in
Paragraph A of Section 2 hereof, and
II at any time during Federal control
the company by virtue OF any change In
the right of possession (subject to the
rights OF the United States) to any OF
said property or otherwise shall be no
longer entitled as between itself and
any other person or corporation to re-
ceive the entire compensation herein
provided such compensation shall be aD-
portioned and paid as between the par
ties entitled thereto as Justice and right
may require.
Making Claims for Losses.
To Section 8, covering claims for
losses on additions. the following has
been added as Paragraph +, as follows:
CD The Director-G General shall not
acquire any motive power. cars or other
equipment at the expense or on the
credit OF the company in excess OF what
in his Judgment Is necessary in add
ton to Its existing equipment to pro-
vide for the traffic requirements OF Its
own system OF transportation. But this
provision shall not prevent the Director
General after the acquisition OF such
equipment from using the same or any
part thereof on the line OF any other
company.
An entire Section 9. covering final ac-
counting between the railroads and the
Government, is added. 1t follows:
Section 3. Final accounting:
Sec 9. (a) At the end Of Federal con-
troll all the property described in para
graph a OF section hereof shall be re-
turned to the company together with all
repairs, renewals, additions, betterments,
requirements and extensions thereto
which have been made during Federal
control. except as any part thereof may
have been destroyed or retired and no,
replaced, in which case the provision OF
section 3 hereof shall govern and ex.
| cept that the Dlrector-General shall not
| be obliged to restore or replace property
| destroyed or damaged by the acts OF
| public enemies.
CD At the end of Federal control the
| Director-General shall return the com
pany materials and. supplies equal ir
quantity. quality and relative usefulness
to that OF the materials and supple,
which he received. and to the extent thai
the Director General does not return
| Such materials ana supplies ne SNAIL &C
count for the same at prices prevailing
at the end OF Fedora! control. To thu
extent that the company receives ma
terials and supplies in excess OF those
delivered by II to the Director Genera
II shall account for the same at the
prices prevailing at the end OF Fedora
control and the balance shall be ad-
| justed in cash.
Turning Over Roads Assets.
(C). The total amount of the account
| met balance receivable from agents and
conductors) at the end of Federal con-
troll may be turned over b. the Direc-
tor-General to the company. He may
also turn over all assets which have
accrued out OF operation, and the COM
pany shall to the extent OF the cash
received or realized from such assets
pay and charge to the Director-Gen'
eral all expenses arising out Of such
operations during Federal control. in
GLIDING reparation and other claims ant
may. unless objection is made by thu
! Director-General. pay and charge to hin