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Young Rail Magnate Moves To Control New York Central
Robert R. Young resigns from the Chesapeake and Ohio board as Alleghany Corp and associates become substantial New York Central stockholders. The group sells C and O holdings while pursuing a merged system with the Central, aiming to create a coast to coast rail network.
MENTIONED IN THIS ARTICLE
NEW York
INS
Robert R. Young
New York Central Railroad
Chesapeake and Ohio Railway
Interstate Commerce Commission
Young
New York Central
Alleghany Corp
Allan P. Kerby
Alleghany
C & O Board of 13
Central
Chesapeake and Ohio
The
Robert J. Bowman
Duke and Duchess of Windsor
Palm Beach