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RE: (erielack) Southern Tier lease



Paul wrote yesterday:
"My theory: Since the NYS&W is now owned 90% by NS+CSX, DO is using..."

When did this ownership change over from the original DO [I recall it as
Rich family???] stockholders?  I haven't kept up on NYS&W, although I
should've.



Also, I received a book for Xmas on the D&H Canal and Gravity Railroad
around Honesdale, Pa.  Very interesting; next time I'm up there, I have
to do some rooting around the Honesdale/Hawley area.  I had no idea the
extent of these operations.  I do remember my Dad mentioning these
things from his second-hand perspective.  He wasn't born until 1919,
therefore was too young to know actual operations. 






On Sun, 26 Dec 2004 22:26:25 -0500, "Paul R. Tupaczewski"
<paultup_@_optonline.net> said:
> 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&#8217;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&#8217;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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> > 
> 
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>  
> 
- -- 
  Henry W Jarusik
  hwjpa_@_fastem.com

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