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Penn Official Objects To Small Line Protections in Merger Case
A Pennsylvania Railroad official told the Interstate Commerce Commission that three smaller Eastern lines Erie Lackawanna Delaware Hudson and Boston and Maine should receive financial indemnity from the Penn Central merger even before it is approved. He cited potential revenue losses and gave figures for D H and B M despite no merger yet. A second Penn official argued ICC conditions are too strict and would limit merger benefits and delay service improvements.
MENTIONED IN THIS ARTICLE
Washington
Pennsylvania Railroad
Eastern
Charles F. Neu
Special Services
Pennsylvania
Interstate Commerce Commission
ICC
New York Central
Penn Central
Erie-Lackawanna
Delaware Hudson
Boston & Maine
Neu
D&d
B&m
Penn-Central
Penn- Central
D&h
BRM
Penn - Central
U.S. Supreme Court
Henry W. Large
Large
Commission