Erie's New Acquisition; Securing Control of the Atlantic and Great Western
This is an article about the Erie Railroad's acquisition of the Atlantic and Great Western Railroad. Click on the links below to see a PDF image of the original article. The article begins:
"SECURING CONTROL OF THE ATLANTIC AND GREAT WESTERN. THE TRUSTEES OF THAT ROAD OFFER TO LEASE IT FOR NINETY-NINE YEARS FOR A GUARANTEE OF INTEREST ON $5,000,000--THE OFFER TO BE ACCEPTED--DETAILS OF THE PLAN.
A private cable dispatch to Kierman's Financial News Agency last week, gave the information that the Atlantic and Great western Railroad Trustees had resolved to lease that road to the New-York, Lake Erie and Western Company on exceedingly favourable terms, but the story was so flatly denied by President Jewett, Secretary McCullough, and other officers and Directors of the latter company"
References
- New York Times. February 22, 1879. Click here for a link to the article on the New York Time web site. Click here for a copy from this web site.
