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Syndicate to buy C C L railroad in receiver sale
A syndicate led by Edward Hawley of Chesapeake and Ohio and Norman Erb and W B Bradford of New York will purchase the Chicago Cincinnati and Louisville railroad at a receiver sale in Richmond. The deal consolidates control as C C L revenues rise from 900000 in 1907 to an expected 1600000 in 1910. The purchase creates a through line from Newport News to Chicago and onward to the West Coast.
MENTIONED IN THIS ARTICLE
Indianapolis
Tad
Pune
Tspecii
Edward Hawley
Chesapeake and Ohio Railroad
Norman Erb
W. B. Bradford
New York
Chesapeake and Ohio
Chicago, Cincinnati and Louisville
Richmond
Morgage
James P. Goodrich
Chesapeake & Ohio
H. C. Starr
Mr. Goodrich
Hawley Lines
Newsport News Va
Chicago
Chicago Tribune