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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 ...
In consideration for acquiring the lease of this property the Pennsylvania Company issued to the Pennsylvania Railroad $1,250,000 par value of its preferred stock. This property was sublet by the Pennsylvania Company to The Pittsburgh, Cincinnati, Chicago & St. Louis Railway Company for sole operation under a 25-year lease dated October 24, 1876.
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.
The property was operated by the Pennsylvania Railroad under lease from October 1, 1879, to December 31, 1883, the date it was surrendered to its successor. The company owned on the date of consolidation 18.08 miles of single-track, standard-gauge, steam railroad, extending from Pemberton Junction to Whitings, N. J., which had been acquired ...
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.
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 ...
The Richmond-Washington Company was incorporated September 5, 1901, as a holding company, owning the entire capital stock of the two railroads. The stock of the company was owned equally by the Pennsylvania Railroad, Baltimore and Ohio Railroad, Atlantic Coast Line Railroad, Southern Railway, Seaboard Air Line Railway and Chesapeake and Ohio ...
John Edgar Thomson (February 10, 1808 – May 27, 1874) was an American civil engineer and industrialist. An entrepreneur best known for his leadership of the Pennsylvania Railroad (PRR) from 1852 until his death in 1874, Thomson made it the largest business enterprise in the world and a world-class model for technological and managerial innovation.