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1870: "Pennsylvania Central" is split into lines east (renamed Pennsylvania Railroad) and lines west Pennsylvania Company is formed to hold securities from companies West of Pittsburgh; Use of track pans begins on PRR at Sang Hollow, Pennsylvania; [13] Pennsy reaches Cincinnati, Ohio, with lease of Little Miami and St. Louis, Missouri, with ...
American railroad company Penn Central Transportation Company declared bankruptcy on June 21, 1970, two and a half years after its formation by the merger of the New York Central Railroad and the Pennsylvania Railroad. At the time, this was the largest bankruptcy in American history. [1]
The following railroads merged to form the Pennsylvania Railroad (PRR). On February 1, 1968, the PRR merged into Pennsylvania New York Central Transportation.. The following PRR-owned and leased companies were still separate at the time of the Penn Central merger:
Development of Fixed Physical Property Of the total road owned by the Western Pennsylvania Railroad Company on date of merger, it had acquired by purchase the partly constructed property of the North Western Railroad Company between Blairsville and Freeport, about 36 miles, which it completed in 1863-1865. Of the balance, 2.11 miles were ...
Share of the Ohio and Pennsylvania Railroad Company, issued 24. August 1855. The Ohio and Pennsylvania Railroad was chartered in Ohio on February 24 and in Pennsylvania on April 11, 1848, to build from Allegheny City (annexed by Pittsburgh in 1907) west to Crestline, Ohio, on the Cleveland, Columbus and Cincinnati Railroad.
The Pennsylvania Company was a major holding company.It included the Pittsburgh, Fort Wayne and Chicago Railway, the PRR's main route to Chicago.Together with the Pittsburgh, Cincinnati, Chicago and St. Louis Railroad and Vandalia Railroad, the three railroads were branded by the PRR as Pennsylvania Lines West of Pittsburgh.
Marginal Railroad: 1880 1890 Pennsylvania Company: Martins Creek Railroad: PRR: 1885 1896 Belvidere Delaware Railroad: Maryland Central Railway: 1888 1891 Baltimore and Lehigh Railroad: Maryland and Pennsylvania Railroad: M&PA, MPA 1901 Still exists as a nonoperating subsidiary of the York Railway: Masontown and New Salem Railroad: MGA: 1899 1905
July 15: Reading Company subsidiary Atlantic City Railroad is renamed Pennsylvania-Reading Seashore Lines and leases the West Jersey and Seashore Railroad from the Pennsylvania Railroad, which acquires a 2/3 share of the new company. [8] December: The Baltimore and Ohio Railroad acquires the property of lessor Coal and Coke Railway. [20] 1934