Document Type

Article

Publication Date

1912

Abstract

This Classification of Expenditures for Real Property and Equipment, with the text pertaining thereto, is issued in accordance with an order of the Interstate Commerce Commission, a copy of which will be found immediately preceding this letter. From and after the effective date of this order, by virtue of the provisions of the act to regulate commerce, the rules and definitions stated in the classification become obligatory upon persons having direct charge of the accounts of carriers concerned, and such persons will be held responsible for proper application of them. Under the provisions of the law it is unlawful for any carrier or for persons in charge of its accounts to keep any record or memorandum of any item of expenditures for real property or equipment in any other form than here prescribed; except as provided in the order of the Commission above mentioned.

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