Tells of hasty shopping tour. Washington, , May 12. Charles T. O'Neal, President of the Chicago and Ester Illinois Railroad, tells the Senate Railroad Financing Committee of his hasty shopping tour in October 1931 for a loan to meet immediate obligations of the O. & The road finally procured a $ loan from the Midland Bank in Cleveland after bringing out that the executive Committee of the Chesapeake and Ohio Railroad had authorized purchase of the $700,00 from the bank by the C&O, acting Chairman Truman charged the bank was nominated by the Van Swerigans. Further testimony brou
Tells of hasty shopping tour. Washington, , May 12. Charles T. O'Neal, President of the Chicago and Ester Illinois Railroad, tells the Senate Railroad Financing Committee of his hasty shopping tour in October 1931 for a loan to meet immediate obligations of the O. & The road finally procured a $ loan from the Midland Bank in Cleveland after bringing out that the executive Committee of the Chesapeake and Ohio Railroad had authorized purchase of the $700,00 from the bank by the C&O, acting Chairman Truman charged the bank was nominated by the Van Swerigans. Further testimony brought from Herbert Fitzpatrick, President of the C&O that the bank acted only as agent in the loan while actually it was a C&O loan, 5/12/1937
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