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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 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 ...
This company was controlled on January 1, 1902, the date of consolidation, by the Pennsylvania Railroad through ownership of its entire capital stock. The records do not indicate that this company then controlled any carrier corporation. The property was operated by the Pennsylvania Railroad from the date of completion to the date of consolidation.
The Pennsylvania Tunnel and Terminal was incorporated under the general laws of the States of New Jersey and New York through filing on June 26, 1907, with the secretaries of state of the States named, an agreement dated June 5, 1907, for the purpose of consolidating the property, rights, and franchises of the Pennsylvania, New Jersey and New York Railroad Company and the Pennsylvania, New ...
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 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 ...
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 ...