[Date Prev][Date Next]
[Chronological]
[Thread]
[Top]
Re: (erielack) Southern Tier lease
I find it interesting the the Company location mentioned in the STB
document is only a stones throw from the Fonda, Johnstown and
Gloversville Railroad, another D&O subsidiary. The railroad has been
gone for years. Anyway, just for kicks, here's a page that cover the CNY
quite well.
http://ginosrailpage.com/DOS/cnyk.html
Tim Wakeman
Bill K. wrote:
>>From http://www.rrb.gov/blaw/bcd/bcd02-32.html :
>
>
>DOC was a publicly held company until October 4, 1997, when Walter G. Rich
>purchased 80 percent of its common stock and the Norfolk Southern
>Corporation and CSX Transportation acquired ten percent each. At the time of
>the stock purchase, DOC had a substantial interest in the Toledo, Peoria,
>and wholly owned the New York, Susquehanna and Western Railway (B.A. No.
>3251). DOC sold its interest in the Toledo, Peoria to Rail America Services
>Corporation effective August 31, 1999.
>
>
>
>Rumor is NS and CSX financed Walter Rich's purchase to some degree, as
>well - have not come across any sort of conformation of that to date.
>
>
>
>As a side note, this document notes "Central New York Railroad Corporation"
>as a subsidary of DOC but refers to a 1981 document. Very little comes up
>in searches on the company itself -
>
>
>
>Bill K.
>
>
>----- Original Message -----
>From: "Paul R. Tupaczewski" <paultup_@_optonline.net>
>To: "'Henry W Jarusik'" <hwjpa_@_fastem.com>; "'Bill K.'"
><pontiac_@_dreamscape.com>; <erielack@lists.railfan.net>
>Sent: Monday, December 27, 2004 10:08 PM
>Subject: RE: (erielack) Southern Tier lease
>
>
>
>
>>>"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.
>>>
>>>
>>I believe 3 years ago or thereabouts - NS, CSX and Walter Rich teamed up
>>
>>
>to
>
>
>>buy out all the DO stockholders (in a 45:45:10 split), and it is now a
>>privately-held corporation.
>>
>>- Paul
>>
>>--
>>No virus found in this outgoing message.
>>Checked by AVG Anti-Virus.
>>Version: 7.0.296 / Virus Database: 265.6.5 - Release Date: 12/26/2004
>>
>>
>>
>>
>
>
>---
>Outgoing mail is certified Virus Free.
>Checked by AVG anti-virus system (http://www.grisoft.com).
>Version: 6.0.813 / Virus Database: 553 - Release Date: 12/15/2004
>
>
>
>
>
------------------------------