Virginia Central Railroad

Definition and stakes

John Moody,  The Railroad Builders: A Chronicle of the Welding of the States

“ As long afterwards as 1867, three-fifths of the stock was owned by the State of Virginia, but soon after this time the State disposed of its investment to a railroad company operating a line in North Carolina from Goldsboro westward to Greensboro, and projected southward to Charlotte. In modern times, this little road, like the Richmond and Danville, has become an integral part of the Southern Railway system, but in those days it was controlled, curiously enough, by the Pennsylvania Railroad Company. ”
Source: Gutenberg

New York Central Railroad Company,  The Greatest Highway in the World

“ In 1906 the United States Steel Corporation broke ground here for a series of enormous foundries and factories, first laying sewers, water mains, gas pipes and conduits for electric wires, as well as providing other improvements necessary for life of the city. The Steel Corporation had chosen this site partly because of its direct connection by water with the Lake Superior ore region, partly because of its proximity to Chicago, and partly because it was accessible to Virginia coal and Michigan limestone. ”
Source: Gutenberg

Portrait of Burton Egbert Stevenson Burton Egbert Stevenson,  The Young Train Dispatcher

“ When a railroad has to fight to earn the interest on its bonds, it is willing to do anything that will give it a longer lease of life.
The D. W. & I. was, as will be seen, an unimportant road. It ran only one passenger-train a day in each direction, and, as it was not on the way to anywhere, its business, both freight and passenger, was purely local. At the beginning of its existence, it had hauled a great deal of coal for the Chicago market, but this business had been killed by the development of the great Pocahontas « 118 » fields in West Virginia.
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Source: Gutenberg

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