Very informative. Thanks Schuyler. Todd K. Stearns - ----- Original Message ----- From: "Schuyler Larrabee" <schuyler.larrabee_@_verizon.net> > Actually, Todd, I think that specific map was from the transaction > transferring that line to . . . > some other company. Either Conrail, or the Susquehanna. Note the > outlines and the annotations > "Carrier Land Shown Red" "Non-Carrier " " Brown" and so on, along with > the black stamp that > obscures the date: "1918 Appraisal used in Conference" All that is > stamped on an original which > was in somebody's files for decades. I think that's actual blue print > paper, and I hope that Frank > will keep it away from sunlight, or he will have a white sheet of paper, > an effect I've seen happen > in two days! I think those stamps were applied around 1976 or so. It > might have been later because > the settlement of the "EL Estate" dragged on for quite a few years after > the formation of Conrail. > The EL Estate declined the first offer (and quite a few more after that) > made to pay for the lines, > equipment and all that. The final settlement was MUCH higher. There > actually was a market for EL > Stock, which lasted (I think) into the early 80s, until the settlement was > finally achieved and the > result distributed to the stockholders. The price of the stock was very > high and very little of it > changed hands. > > The Val Maps made for appraisal were done by Federal order. Virtually > every single mile of every > common carrier in the United States was mapped, along with voluminous > notes, photographs, and other > documentation. The quantity of everything in every building was surveyed > and recorded, down to the > number of kegs of nails, the number of pads of paper, pencils, etc., etc. > The railroads knew a good > deal when they saw one; they got the maps and many roads kept them > updated. That may not have been > done in the case of this particular line, or the transaction was strictly > about the land, so > improvements didn't much matter. Spurs were often put in with the track > owned by the business it > served, even, in some cases, the switch owned by the business, or having > been paid for by the > business. > > SGL The Erie Lackawanna Mailing List http://EL-List.railfan.net/ To Unsubscribe: http://Lists.Railfan.net/erielackunsub.html ------------------------------
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