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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 ...
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 Penn Central Transportation Company, commonly abbreviated to Penn Central, was an American class I railroad that operated from 1968 to 1976. Penn Central combined three traditional corporate rivals (the Pennsylvania, New York Central and the New York, New Haven and Hartford railroads), all united by large-scale service into the New York metropolitan area and (to a lesser extent) New ...
Pennsylvania Railroad: Manns Choice and Hyndman Railroad: PRR: 1894 1894 Pennsylvania Midland Railroad: Manufacturers Railroad: RDG: 1870 1873 Philadelphia and Reading Railroad: Manufacturers Terminal Railway: Mapleton and Rocky Ridge Railway: 1891 Marginal Railroad: 1880 1890 Pennsylvania Company: Martins Creek Railroad: PRR: 1885 1896 ...
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Alfred E. Perlman and Stuart W. Saunders were Penn Central's first executives, and quickly became enemies. The Penn Central Company came into existence on February 1, 1968, with the Pennsylvania Railroad absorbing the New York Central and adopting the new name, which was subsequently changed to the Penn Central Transportation Company on October 1, 1969. [1]
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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 ...