Re: (erielack) property

["Rich Chapin" <rwc27q_@_nac.net>]

Info from the 1972 EL Annual Report to the ICC. Don't know if this all
lasted till the end, but it gives a flavor of their holding. Each is listed
with it's % ownership. All listed ownership via stock ownership. There were
other investments, but not in an ownership position. The specifics of what
each owned are not provided.

    Akron & Barberton Belt RRCo.
25%
    Belt Ry. Co. of Chicago
7.69%
    Buffalo Creek RRCo.
50%
    Erie Land & Improvement Co.
100%
    Erie Land & Improvement Co. of PA.
100%
    Harlem Transfer Co.
100%
    Hoboken Ferry Co.
100%
    Hudson Realty Co.
100%
    Lackawanna & Wyoming Valley Ry. Co.                               100%
    Lawroy Land Co.
100%
    Lehigh & Hudson River Ry. Co.
32.72%
    Niagara Junction Ry. Co.
25%
    Northwestern Mining & Exchange Co. of Erie, PA.            100%
    Pennsylvania Coal Co.
100%
    Pullman Co.
0.96%
    Rochester & Genesee Valley RR
69.69%
    Ress Realty Co.
19.85
    Trailer Train Co.
2.44%

- ----- Original Message -----
From: easy haas <easyhaas_@_wcnet.org>
To: <erielack_@_lists.railfan.net>
Sent: Saturday, July 20, 2002 12:12 PM
Subject: (erielack) property


> What companies and other related stuff did the EL own before Derecco and
> the liquidation? Too bad they didn't buy major stock in telecom and high
> tech when it was cheap. In the book " Wreck of the Penn Central ", NYC
> and Pennsy had major real estate in Manhattan and other spots that
> survived the bancrupcy.
> What do any of ya'll suppose the price difference would have to be to
> buy fuel off line and shipped to engine facilities? The UP and BN ( and
> predecessors ) tried fuel tenders for long hauls and I remember in a
> Trains article that they dropped them not too long ago. The engine
> frames were lengthened  over the years for hood space. EMD lengthened
> the -2 frames so the SD45-2 wouldn't be smashed on a little frame and
> the 50's and latter was for the D/B could be mounted some where else
> besides over the prime mover because of over heating failure. I bet that
> a SD40 could have made a round trip from Marion-Chicago-NYC-Marion on
> one tank; didn't the U33C's make it? EZ
>
>

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