R-60-089..
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RESOLUTION
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WHEREAS, it is a matter of common knowledge and
~` concern that the railroad industry in this country is
in a depressed state, and, because of such condition,
railway services are depreciating; and the essential
y~~ services performed by railroads may become more and more
restricted, and
WHEREASy various agencies of the Federal Govern-
;_; meat, because of this situation, have advocated that the
railroads, in order to cope with increasing competition
and. rising costs, do something themselves to solve their
problems, and have expressly encouraged the consolidation
and merger of railroad lines as a means of effecting eco-
nomies, and
WHEREAS, Seaboard Airline Railroad Company and At-
lantic Coast Line Railroad Company, in an effort to solve i
the problems themselves, have proposed a merger of their
properties into one rail system, and propose shortly to ap-
ply to the Inter-State Commerce Commission for approval of
such merger, and
WHEREAS, the railroads are vitally interested in the
attitude of the general public in such proposal, and solicit
expressions from public bodies;
NOW THEREFORE, BE IT RESOLVED by the City Council of
the City of Clermont of Lake County, Florida, that this
- Council go on record as commending the Seaboard Airline Rail-
road Company and the Atlantic Coast Line Company for making
a direct effort through its own endeavors to meet the diffi-
cult problems confronting them and their industry today; and
that this Council express its favor and approval of the pro-
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posed merger of their properties, and
'`` BE IT FURTHER RESOLVED that a true copy of this Re-
's'~~ solution be transmitted to the Inter-State Commerce Commission
at such time as the merger application of the two railroads
shall be filed. ~~
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;a. City Council
City of Clermont, Florida
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STATE OF FLORIDA
~~ COUNTY OF LAKE
CITY OF CLERMONT
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I, Albert M. Johnson, Clerk of the City of
Clermont, DO HFRr+.BY CERTIFY that the foregoing is
a true copy of Resolution adopted by said Council
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in regular session on Tuesday -August 16, 1960
as same appears in the Minute Book of the City
Council of the City of Clermont, Lake County, Florida..
WITNESS my hand and official seal this 1']th
day of August, A. D. 1960.
Clerl~ as Aforesaid
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