Talk:Central Railroad of Pennsylvania

A fact from Central Railroad of Pennsylvania appeared on Wikipedia's Main Page in the Did you know column on 24 October 2005. The text of the entry was as follows:

Did you know... that the Central Railroad of Pennsylvania was a failed plan by the Central Railroad of New Jersey to avoid certain taxes from 1946 to 1952?

A record of the entry may be seen at Wikipedia:Recent additions/2005/October.

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Excerpt from 1975 Moody's Transportation Manual

Early in 1944, name of company's subsidiary, Easton & Western RR Co. was changed to Central RR Co. of Pennsylvania as preliminary step in plans to set up a separate organization to operate company's trackage and property in Pennsylvania...

On July 12, 1946, Central RR Co. of Pennsylvania was granted authority by the ICC to issue $2,250,000 capital stock in connection with acquisition of Pennsylvania properties of Central RR Co. of New Jersey, ...

In an order issued on June 26, 1946, the ICC authorized separate operation of Pennsylvania properties of Central RR Co. of New Jersey, effective Aug. 5, 1946, purpose of which was to reduce payments to the State of New Jersey for franchise taxes which the ICC declared vas a legitimate corporate purpose. However, the courts held that it was proper of New Jersey to tax combined earnings of Central RR Co of NJ and Central RR Co. of Pa. The ICC, on Dec. 1, 1952, acting upon application filed by Central RR Co. of Pa., issued a certificate authorizing that company to abandon operation of lines of railroad...

--NE2 13:44, 18 October 2008 (UTC)[reply]

When was this disestablished?

It still existed in 1963, when it was leased: [1] --NE2 18:52, 17 November 2008 (UTC)[reply]

Merge into Central Railroad of New Jersey?

This company was basically a tax dodge with no real independent history. I propose merging it into Central Railroad of New Jersey, and moving Central Railroad of Pennsylvania (1891–1918), which actually does have some history, to this location. Mackensen (talk) 20:54, 3 June 2017 (UTC)[reply]