Re: (erielack) DL&W archives -- was Alco Farewell / Economy Changes

[intercityrailpal_@_netscape.net]

 Good Job, guys! Lance




- -----Original Message-----
From: mdelvec952_@_aol.com
To: erielack_@_lists.railfan.net
Sent: Tue, Dec 14, 2010 10:05 am
Subject: (erielack) DL&W archives -- was Alco Farewell / Economy Changes


Very interesting, Walt.  I can't imagine what was lost, and so much more than 
hat was elsewhere.
But we at Tri-State were given the opportunity by NJT to clean out the Hoboken 
ecords building in 1985, and we did, removing truckloads of stuff that was 
ostly the Chief Engineer's files.  We've paid tens of thousands of dollars over 
0 years to store the stuff, and we were able to move it to Steamtown to become 
 big part of its archives.  More than 100,000 rolled maps and nearly an acre of 
ile space were part of it.  Some bits in the 1990s went to the ELHS which are 
ow in its archival collection.
Still, all was not lost and the Cheif Engineer's files are now open to the 
ublic thanks to a herculean effort from the Tri-State volunteers and Pat 
cKnight's own team.  The volunteers are still sorting and cataloging, but so 
uch new information has surfaced thanks to that collection.
                  ....Mike Del Veccho
- -----Original Message-----
From: walter smith <wsmith5957_@_yahoo.com>
To: EL Mail List <erielack_@_lists.railfan.net>
Sent: Mon, Dec 13, 2010 10:53 pm
Subject: Re: (erielack) Alco Farewell / Economy Changes
    Very concise, Tim....Thanks.  I'm just pissed that I didn't know about 
heauction.
 I WAS lucky enuf to be giving an AMTRAK friend a tour of Hoboken when 
heCompany was throwing out all the stuff from the legal dept on the 2nd floor 
fthe Terminal. They'd cut a hole in the floor and put a dumptruck under it 
inone of the roads to the ferries) and would get an old wooden filing cabinet 
n a
olly and 'CRASH' into the dumptruck. I sent my pal to get boxes and we 
illedthem and lugged them onto one of the AMTRAK trains in Newark. Man, it was 
circus....there was a fleamarket dealer and a EL conductor taking stuff from 
he
rawers trying to beat the laborers. That's where those 1918 track blueprints of
he ERIE came from that I finally sold on the list after my wife threatend 
ewith torture if I didn't get them out of the front bedroom closet.
     I wish I'd had the brains to tell Bill to get a rental truck & then 
ribethe laborers to load it up. Can u imagine what one of those oak 5-drawer 
ilingcabinets is worth now.....not to mention the contents. Well - at least the 
ldblueprints have found good homes. Think of what was lost, tho. The laborers 
ere
aking it all to 'the Meadows' to be burned. Kind of like the remnants of 
ennStation.
Walt Smith
________________________________
rom: Tim Stuy <njmidland_@_verizon.net>
o: EL Mail List <erielack_@_lists.railfan.net>
ent: Mon, December 13, 2010 2:59:27 PM
ubject: Re: (erielack) Alco Farewell / Economy Changes
That is correct.  The estate of the L&HR sold off the remaining assets,
ainly the Warwick office building and various real estate not taken by
onrail.  In 1982 they had a huge auction in Warwick where they essentially
old off the contents of the building.  I was there and bought a lot of neat
tuff.  Walter Rich of Delaware Otsego fame, brought a truck and bought a
ot of the really nice office furniture.  He got the prize fan item, a 16 mm
ilm that the L&HR had done of the conversion from steam to diesel.  I spoke
ith someone up there about 2 years ago and they are aware of it and may
ventually release it on DVD as a fund raiser for the Walter Rich museum in
ranklin, NY.
Once the settlement came from the federal government for what was taken by
onrail, the L&HR paid off all of its debts at 100 cents on the dollar and
ad cash left to pay the stockholders about $68 per share.  95% of the stock
as owned by its connections, including about 25% owned by EL.
Tim
On Mon, Dec 13, 2010 at 2:46 PM, Tupaczewski, Paul R (Paul) <
aul.tupaczewski_@_alcatel-lucent.com> wrote:
> > Nothing so far on what happened to L&HR, other then merged
 > into Conrail.

 I thought I recently read an old Block Line from the 1980s that showed
 everything from the L&HR offices and their stockholders were paid for their
 shares of the company, effectively dissolving the corporation.

        - Paul

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