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- Subject: PC: pennroad
- From: "DAVID H. HICKCOX" <DHHICKCO@xxxxxxxxxx>
- Date: Sat, 07 Mar 1998 12:08:56 -0500
Pennroad was established by W.W. Atterbury, the pres of the PRR and the
PRR's Board of Directors to circumvent government antitrust restrictions.
Henry Ford sold the DT&I to Pennroad in 1929. In 1951
the Pennsylvania Company, a PRR subsidiary, and the
Wabash purchased the DT&I. In 1965 the Wabash sold
its interest in the DTI to the Pennsylvania Company.
Subsequently, the Penn Central offered the DT&I for
sale and it was purchased by the Grand Trunk Western
in 1980 (please remember that Penn Central existed
as a large and even profitable company after the
formation of Conrail).
Kalmbach published a book titled The Historical Guide to North American
Railroads which should be
on every railfan's bookshelf. A brief consultation of it and a few other
basic reference books would
eliminate the need to ask many of the questions I see posted on the various
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