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RE: (erielack) Southern Tier lease
Folks,
My theory: Since the NYS&W is now owned 90% by NS+CSX, DO is using
its old Central New York RR subsidiary to be the agent to lease the Southern
Tier. Of course, I have no idea if the CNY mentioned in the release is the
same CNY that DO operated in upstate NY many years ago, but it seems to fit,
doesn’t it? I also find it interesting that the press release felt the need
to mention the CNY's President's name, something that really bears no
relevance on the operation of the line. Doing a Google search on his name
brings up absolutely nothing (and you’d think that someone who is president
of a corporation should have at least one mention somewhere, wouldn't you?)
- - I did find one possible link that might be relevant:
http://www.ny-capital-area-industrial-property.com/
I think DO would do something like this so that it can solely
operate a freight line on its own, away from NS+CSX involvement. Just my
thoughts... I guess we'll see what happens in the future...
- Paul
> -----Original Message-----
> From: erielack-owner_@_lists.railfan.net
> [mailto:erielack-owner_@_lists.railfan.net] On Behalf Of Bill K.
> Sent: Sunday, December 26, 2004 6:40 AM
> To: erielack_@_lists.railfan.net
> Subject: (erielack) Re: EL List Daily V3 #1509
>
>
>
> Anyone know offhand if the Delaware Otsego formally abandoned
> or discontinued use of the 'Central New York Railroad' name
> for the former DL&W Richfield Springs branch, given it's been
> a Susquehanna branchline since about 1982? For that matter,
> it could have been 'railway' instead - I don't remember.
>
> Just curious if this CNY RR is related to the former one, and
> thus to the NYS&W, or something else -
>
>
>
> Bill K.
>
>
>
>
> ----- Original Message -----
>
> To: undisclosed-recipients:;
> >
> > CRTS Update #12-18
> > Saturday, December 25th, 2004 at 13:15 EST
> >
> > SOUTHERN TIER LINE LEASE:
> > Effective Friday, December 31st, 2004, the Central New York
> > Railroad Company will begin leasing Norfolk Southern's
> Southern Tier
> > Line between milepost 89.9 in Port Jervis, NY and milepost 213.0 in
> > Binghamton, NY. It will also be responsible for all physical plant
> > maintenance. The Central
> New
> > York Railroad Company will provide all local freight service, while
> Norfolk
> > Southern will retain overhead trackage rights. The NYS&W
> will continue
> > to retain its prior trackage rights. Norfolk Southern is
> also allowing
> > the Central New York Railroad to remove the wayside signals,
> > contingent upon Federal Railroad Administration approval.
> > Additionally, Norfolk Southern will allow the Central New York
> > Railroad to remove the second main track, between mileposts 178 and
> > 190. The Central New York will also establish an interchange with
> > Norfolk Southern at Binghamton, NY. The railroad's
> president is Gerard
> > McKenna .
> >
> > Information courtesy of: Carl G. Perelman
> >
> > ------------------------------
> >
> > End of EL List Daily V3 #1509
> > *****************************
> >
>
>
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