Close

Create a link to this page

Copy and paste this link tag into your Web page or blog:

<a href="http://www.encyclopedia.com/doc/1E1-ErieRail.html" title="Facts and informations about Erie Railroad">Erie Railroad</a>

Erie Railroad

Erie Railroad rail transportation line designed to connect the mouth of the Hudson River with the Great Lakes region. The New York and Erie RR Company was enfranchised and incorporated in 1832, and construction was begun in 1835 near Deposit, N.Y. The year 1851 saw 446 mi (718 km) of trunk line across New York state completed to Dunkirk, N.Y., on Lake Erie at a huge cost. The railroad was extended to Jersey City, N.J., and to Buffalo, N.Y., but in 1861 the company failed and was reorganized as the Erie Railway Company. The company gained sound financial footing during the Civil War before it became the subject of a tremendous financial battle. Daniel Drew , Jay Gould , and James Fisk allied themselves and from 1866 to 1868 outmaneuvered—with the aid of unauthorized stock issues, political chicanery, and incessant litigation—Cornelius Vanderbilt to keep control of the Erie Railway Company. After further financial trickery, the Erie Railway Company went bankrupt and was reorganized (1878) as the New York, Lake Erie and Western Railway Company. By 1880 branch lines were built to Chicago. The railroad went into receivership after the Panic of 1893 and was reorganized (1895) as the Erie RR Company. Under the presidency (1901-27) of Frederick D. Underwood, the Erie continued to suffer losses, and after a major reorganization (1941) it yielded (1942) a dividend for the first time in 69 years. In 1960 the Erie merged with the Delaware, Lackawanna, and Western RR to form the Erie-Lackawanna. In 1976 this organization and five other lines that had gone bankrupt were merged to form the Conrail system, which in 1999 became part of the CSX and Norfolk Southern railroads.

Bibliography: See C. F. Adams, Jr., and H. Adams, Chapters of Erie (1886, repr. 1967); F. C. Hicks, ed., High Finance in the Sixties (1929, repr. 1966); H. R. Grant, Erie Lackawanna (1994).

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

	Belt Railway Company. (People).(Brief Article) Magazine article from: Railway Track and Structures; 5/1/2003; 11 words ; The Belt Railway Company of Chicago elected Patrick J. O'Brien president. Read more
	Freight operator Railion is founding a mining railway company.(Germany) Magazine article from: International Railway Journal; 5/1/2006; 25 words ; Freight operator Railion is founding a mining railway company. The company, which will have its own locomotives and wagons, is due to begin operations in 2007. Read more
	CHINA: CHINESE FIRM INTENDING TO INVEST TRILLION NAIRA IN NIGERIA. Newspaper article from: IPR Strategic Business Information Database; 11/16/2005; 98 words ; ...revitalization for Nigeria's national railway company, Guangdong-based Xinguang International...investment directed to Nigeria Railway Company after it transferred the construction...USD) to reactivate its national railway company. Read more
	Tuesday Functional Group sessions.(Structures)(Calendar) Magazine article from: Railway Track and Structures; 9/1/2008; ; 284 words ; ...UrbanaChampaign and Ross Thomas, BNSF Railway Company 10:00 Coffee Break Exhibit Halls A...and Peter Weller, Canadian National Railway Company 11:00 Rehabilitation of Bridge CD...President and CEO, Norfolk Southern Railway Company 2:00 Railroad River Bridge Replacement... Read more
	Tuesday Functional Group sessions.(Communications & Signals)(Calendar) Magazine article from: Railway Track and Structures; 9/1/2008; ; 244 words ; ...Detector Performance Fred Meeks, BNSF Railway Company, Ben Church, GE Transportation...President and CEO, Norflok Southern Railway Company 2:00 Enhancing Passive Crossing...Functional Group Vice President BNSF Railway Company Read more
	STB rules KCS transaction "minor".(industry outlook)(Surface Transportation Board, Kansas City Souther Railway Co.)(Brief Article) Magazine article from: Railway Age; 7/1/2003; 54 words ; ...s application to exercise common control over the Kansas City Southern Railway Company, the Gateway Eastern Railway Company, and the Texas Mexican Railway Company as a minor transaction and is outlining a procedural schedule. STB will... Read more
	Tuesday Functional Group sessions.(Engineering Services)(Calendar) Magazine article from: Railway Track and Structures; 9/1/2008; ; 249 words ; ...Locomotives Melvin L. Burda, BNSF Railway Company 8:30 Fast Track Design of Two Rail...Herzog, PE, Trent Hudak, PE, BNSF Railway Company and Chris Rand, PE, TKDA 11:00 Alignment...President and CEO, Norfolk Southern Railway Company 2:00 Unlocking the Secrets of the... Read more
	Railway company had tunnel vision. Newspaper article from: Scarborough Evening News (Scarborough, England); 1/29/2008; 355 words ; ...was nominally proposed by the Scarborough and Whitby Railway Company. The matter was due to be heard by the town council and it was felt the plan would be supported and the railway company would ask for the council to invest in the scheme... Read more
	Panama Canal Railway Company transported 7.8 million tonnes of freight in 2008, a 4 million tonne increase on 2007's figure.(Panama) Magazine article from: International Railway Journal; 5/1/2009; 33 words ; Panama Canal Railway Company transported 7.8 million tonnes of freight in 2008, a 4 million tonne increase on 2007's figure. Passenger traffic also increased, from 135,699 passengers in 2007 to 192,333 in 2008. Read more
	MRS Logistica. Magazine article from: International Railway Journal; 8/1/2000; 29 words ; Shareholders of Brazilian railway company, MRS Logistica, have approved an issue of non-convertible debentures worth up to Reais 100 million ($US 55 million) on the Brazilian stock market. Read more

For more facts and information, see all related premium articles

Related entries from encyclopedias, dictionaries, and thesauruses

	Erie Railroad Co. v. Tompkins Encyclopedia entry from: West's Encyclopedia of American Law ERIE RAILROAD CO. V. TOMPKINS A 1938 landmark decision by the Supreme Court, Erie Railroad Co. v. Tompkins , 304 U.S. 64, 58 S...railroad tracks on land owned by the Erie Railroad Company when he was struck and injured... Read more
	The New Federalism and Erie Railroad V. Tompkins Book article from: American Decades THE NEW FEDERALISM AND ERIE RAILROAD V. TOMPKINS Common Law and Diversity...The operator of the train, the Erie Railroad, however, had been incorporated...thousand dollars. The Erie Rule The Erie Railroad appealed and again lost, the federal... Read more
	Erie Railroad Company v. Tompkins Dictionary entry from: Dictionary of American History ERIE RAILROAD COMPANY V. TOMPKINS, ERIE RAILROAD COMPANY V. TOMPKINS, 304 U.S. 64 (1938). The Judiciary Act of...with regard to commercial matters. Nearly a century later, in Erie v. Tompkins, on dubious historical evidence, and perhaps without... Read more
	Erie: History Encyclopedia entry from: Cities of the United States Erie: History Erie was named after the Eriez tribe, which was destroyed by...harbor activity. In 1813, in what is often referred to as Erie's proudest historical moment, Commodore Oliver Perry defeated the British in the Battle of Lake Erie. Most of Commodore Perry's ships were built in Erie. ... Read more
	Erie Canal Book article from: The Oxford Companion to United States History ...was rebuilt and renamed the Erie Barge Canal.) The self‐...Celebrated in American folklore, the Erie Canal had a transforming influence...temperance. Into the 1880s the Erie Canal surpassed the competing New York Central Railroad in its freight traffic, but...Bibliography Ronald E. Shaw , ... Read more

See all related entries