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| Re: More trains on the CNJ main in Elizabeth (775706) | |||
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Re: More trains on the CNJ main in Elizabeth |
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Posted by Jackson Park B Train on Sat Apr 25 14:08:47 2009, in response to Re: More trains on the CNJ main in Elizabeth, posted by Olog-hai on Sat Apr 25 03:34:15 2009. PRR control of B%O was long over when those pix were taken. The 'controlling stockholders' were in fact a bunch of Swiss bankers. Both Rush Loving , and predecessors giving the history of the NYC v C&O proxy fight note a Perlman trip to Switzerland in hopes of gaining support. n FWIW, I REMEMBER this as I was a tiny stockholder at the time--money from delivering newspapers in HS. Much as I treasure the B&O, the 'other NEC' was WAY behind the curve. RDG/CNJ(RDG owned 56& of CNJ) got savaged by the 'end' of the anthracite business just as PRR's Lehigh Valley. and B&O aas the weaker trunk w/ lower traffic levels was always short of cash. |
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