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RE: (erielack) Lackawanna & The Nickel Plate
Frank,
I believe that at one point DL&W owned between 15-20% of the NKP's stock.
And, yes, Hurricane Diane in large part was responsible for the DL&W having
to sell it off to pay the bills.
Chuck
Frank P Adams
<frank.p.adams_@_ve
rizonbusiness.com To
> erielack_@_lists.elhts.org
Sent by: cc
erielack-owner_@_li
sts.elhts.org Subject
RE: (erielack) Lackawanna & The
Nickel Plate
10/18/2006 10:36
PM
Please respond to
Frank P Adams
<frank.p.adams_@_ve
rizonbusiness.com
>
Didn't the DL&W own a substantial part of the NKP stock and then sold it
for
some emergency or capital improvement?
Frank Adams
- -----Original Message-----
From: erielack-owner_@_lists.elhts.org
[mailto:erielack-owner_@_lists.elhts.org]
On Behalf Of RJFlei_@_aol.com
Sent: Wednesday, October 18, 2006 8:23 PM
To: erielack_@_lists.elhts.org
Subject: (erielack) Lackawanna & The Nickel Plate
List,
It seems that a merger of these two may have been viable, as they worked
together in freight and passenger service pre-EL.
The short fast freight concept may have worked because of the NKP's mostly
single track main and the Lackawanna's heavy grades.
The NKP's coal traffic might have helped except that much of the Ohio coal
is high sulfur. The Erie didn't have a whole lot of coal on it's lines
except the Bradford Div. and the Lisbon Branch.
I don't think that the NKP would want to touch the Lackawanna's commuter
district with a 10 foot pole, though.
Just my opinions, they're not worth too much.
Rick Fleischer
The Erie Lackawanna Mailing List
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