RE: FW: (erielack) Conrail did not buy Erie-Lackawanna..!

[intercityrailpal_@_netscape.net]

Sorry Paul, I don't agree, we have trains with leased locomotives on them all the time, railroads leaseing them do not have any title or rights to GE or GATX or whoever.........Lance


 
"Tupaczewski, Paul R (Paul)" <paultup_@_lucent.com> wrote:

>
>
>-----Original Message-----
>From: MONTGOMERY| ED [mailto:emontgom_@_lan.tjhsst.edu]
>Sent: Friday, July 26, 2002 10:39 AM
>To: paultup_@_lucent.com
>Subject: RE: (erielack) Conrail did not buy Erie-Lackawanna..!
>
>
>It is interesting to look back at the formation of CR.  In March and 
>April of 1976 CR bought full page ads in TIME and other magazines 
>proclaiming a new age of railroad service in the northeast.  At that 
>time they proclaimed they were building on the heritage of the great 
>railroads that were combined to make up CR.  They had pictures of 
>all of the CR member's locomotives with their logos proudly 
>displayed.  The only picture not correct was EL's because they 
>were added so late.  Their picture was a close-up side view of an 
>EMD low hood unit with the EL logo on the side of the short hood.
>
>Legally CR had to acquire some title to the names of the 
>companies they took over for liability purposes.  Could you imagine 
>a train with say a Reading name on it hitting a person and killing 
>them.  Without taking title to the companies, CR could have said:  
>"Take your claims to Reading, it wasn't our engine".  Something to 
>think about.
>
>Ed
>


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