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The CNO&TP's lease of the Cincinnati Southern Railway is currently set to expire in 2026, with an option for a 25-year renewal. [8] The agreement is governed by the five-member Trustees of the Cincinnati Southern Railway, who are appointed by the Mayor of the City of Cincinnati. [9] [10]
The Cincinnati Southern Railway is not a corporation. Authority for the construction of the railroad by the city of Cincinnati was granted by special act of the State of Ohio, approved May 4, 1869, operative upon, first, the passage by the city council of a formal resolution declaring the construction of the railway necessary and designating the terminal points, and, secondly, upon the ...
The city's proposal to sell Cincinnati Southern Railway has ignited strong pro and con voices. ... A city superior court, per Ferguson’s bill, then appointed a five-member board of trustees to ...
The Cincinnati, New Orleans & Texas Pacific pays, also, $12,000 per annum for maintenance of trustees’ organization, pays all taxes and maintenance, and interest on bonds issued to provide funds for certain additions and betterments at Cincinnati, together with an amount equal to 1 per cent per annum of the par value of the bonds to provide a ...
Shall the Cincinnati Southern Railway Board of Trustees be authorized to sell the Cincinnati Southern Railway to an entity, the ultimate parent company of which is Norfolk Southern Corporation ...
The Cincinnati Southern Railroad Board on Monday unanimously selected the international money management firm UBS to oversee the $1.6 billion trust that is being created from the sale of the city ...
The board that oversees the Cincinnati Southern Railway is set to interview five firms that could manage $1.6 billion. | Your Jan. 15 Daily Briefing.
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