http://www.ceihs.org/historians_main_1.html provides the answers... "During the 1930s, the Chesapeake & Ohio began to buy up C&EI stock, never exercising any significant control over the road it seems. In any case, because of the depression, the C&EI again entered receivership in 1933, but was back in private hands again at the end of 1940. World War II brought prosperity to the property, and in the immediate war years the C&EI modernized rapidly. For example, the road was entirely dieselized in May 1950, making it the first dieselized road with more than 1000 miles of track. But, modernization was not enough to assure survival; with mergers taking place all around it, the C&EI found its traffic drying up. The C&EI needed to merge too. Various merger offers were explored, and again, it was a southwest road that found itself threatened by these overtures. In 1961 the Missouri Pacific began secretly (and illegally) buying C&EI stock. When the Missouri Pacific requested ICC permission to takeover the C&EI, the federal agency turned a blind eye to the illegalities; approved the takeover of the C&EI with the stipulation that the Evansville line be sold to the L&N; and effectively deprived C&EI’s other stockholders of stock profits. In short, the Missouri Pacific got the C&EI for cheap. On May 12, 1967, the Missouri Pacific assumed control of the C&EI. And, on June 6, 1969, the Louisville & Nashville purchased the 206-mile Woodland Junction- Evansville leg along with trackage rights from Woodland to Chicago. Then on October 15, 1976, what remained of the C&EI was merged into the Missouri Pacific. Today, only a very small portion of the C&EI has been abandoned, that being primarily in Southern Illinois and Indiana. At the beginning of the 21st century the ex-C&EI trackage continues to be used by the Union Pacific (ex-Missouri Pacific) and CSX Transportation(ex-L&N). CP Rail also has trackage rights on the line with their acquisition of the Soo Line (former Milwaukee rights). Their Chicago to Louisville trains operate daily on the old C&EI line. The heavily used line from Chicago to Woodland Junction, nearly 50 trains per day travel on double track mainline, is well worth a visit by any railfan." - --- ELRRco_@_aol.com wrote: > As far as the C&EI is concerned, I believe the MoPac acquired it and the > L&N purchased the Dolton Jct.-Evansville segment from C&EI/MoP and joint > access to the Chicago-Dolton Jct. portion. So, I don't think CSX would > have any share in the C&EI from a corporate standpoint. Gary R. Kazin DL&W Milepost R35.7 Rockaway, New Jersey http://www.geocities.com/gkazin/index.html __________________________________ Do you Yahoo!? Yahoo! Mail - You care about security. So do we. http://promotions.yahoo.com/new_mail The Erie Lackawanna Mailing List Sponsored by the ELH&TS http://www.elhts.org ------------------------------
This HTML page is © 2000-2009 Blue Moon Online System and The Railfan Network
This page and the data contained therein may not be reproduced
for any form of commercial use without the explicit permission
of J. Henry Priebe Jr. or his duly authorized agent.