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The Pennsylvania Railroad (reporting mark PRR), legal name The Pennsylvania Railroad Company, also known as the "Pennsy", was an American Class I railroad that was established in 1846 and headquartered in Philadelphia, Pennsylvania. At its peak in 1882, the Pennsylvania Railroad was the largest railroad (by traffic and revenue), the largest ...
This category contains companies, usually railroad companies, with which the Pennsylvania Railroad or its predecessors had an affiliation (for instance, full or partial stock ownership, a lease, or a merger, but not simple trackage rights).
The Camden and Burlington is a corporation of the State of New Jersey, having its principal office at Camden, N. J. The company is controlled by the Pennsylvania Railroad, partly through ownership of its capital stock and partly through the right to vote the capital stock owned by the United New Jersey Railroad.
The records reviewed indicated that the West Jersey Ferry Company was controlled by the Pennsylvania Railroad Company on date of its demise, April 1, 1899, through ownership of a majority of its capital stock. On the other hand, the records did not indicate that this company, itself, controlled any other common-carrier corporations.
On the other hand, the Northern Central controls, through ownership of either a majority of or the entire outstanding capital stock, the Shamokin Valley and Pottsville Railroad Company whose common-carrier property was operated by the Pennsylvania Railroad on December 31, 1917, under lease and The Elmira and Lake Ontario Railroad Company whose ...
In December 1994, the company, which was 40.4 percent owned by the American Financial Corporation, announced that it would be acquiring the parent company in a stock merger. [4] [5] The combined company became known as American Financial Group. [6] In 1995, as a publicly traded company, APU reportedly had 5,400 employees and sales of $1.8 ...
In that year, the railroad company discontinued its branch line from Eyers Grove to Orangeville due to a lack of business. However, it retained its branch line from Eyers Grove to Millville. [1] By 1911, the Pennsylvania Railroad owned nearly all of the Susquehanna, Bloomsburg, and Berwick Railroad Company's stock. [13]
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]