Show WESTERN CLEAR OF DEBT TO U. U US S. S Provident dent Investment in Equipment Stands System in Good Stead The Western Vestern Pacific is one of ot the few railroads that will have no equipment equipment equipment equip equip- ment obligations to the government following the return of ot the property to the corporation according to Transportation World Before the roads were taken over by the ad administration administration administration ad- ad ministration the company had ordered gondolas 1500 box cars and five heavy locomotives for delivery in 1918 at prices very much below those accepted te by the government for toS account account ac ac- ac- ac count of t other roads The equipment was delivered to the railroad administration in 1918 and the company had ample funds to tomake tomake tomake make payment but a legal question arose whether trust money could be used to pay for equipment delivered to another than the company To meet the emergency the Equitable Trust company advanced in part payment and accepted serial equipment trust notes with the agreement agreement agreement agree agree- ment that the notes should not be distributed With the return of the property to the company the notes will be canceled canceled canceled can can- and the trust company repaid from Western Pacific's trust fund which amounted on December 31 1918 to The remainder of approximately will be used to complete feeders construction on which was interrupted by order of the director general |