RE: (erielack) 1963 Notes

["Paul Brezicki" <doctorpb_@_bellsouth.net>]

Okay, I see the relationship: most of what comprised the CRP was originally L&S.

Paul B

The CRP was formed to take over ownership of the already existing
parts of the CNJ in Pennsylvania, along with a substantial portion of
the CNJ's rolling stock - the double-ended baby face Baldwins, for
instance, were lettered CRP under the numbers.  Since the CRP was a
PENNSYLVANIA corporation, it would not be subject to NEW JERSEY
property taxes.  The various NJ governments impacted by this sued and
the courts ruled the CRP a sham, formed only for the purpose of
avoiding taxation in NJ and the CNJ was stuck.

Gary R. Kazin
DL&W Milepost R35.7
Rockaway, New Jersey


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