Jubilo

The massa runs, haha,

The darkies stay, ho-ho.

It must be now the kingdom comin';

And de year ob Jubilo.

The field hands once sang the song in the flat Mississippi Valley fields where the St. Louis Southwestern (Cotton Belt) railroad meanders down from St. Louis to Memphis, then spraddles put over the Arkansas-Louisiana-Texas hinterland. This week the year of Jubilo began for the Cotton Belt's common stockholders. The Cotton Belt, which went bankrupt in 1935, finally paid a common stock dividend ($5), its first in its 57 years.

Like many another once bankrupt...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!