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Growth and Development of the Pennsylvania Railroad, The 1846-1926 Map
Growth and Development of the Pennsylvania Railroad Company 1846-1926 by HW Schotter
A review of the charter and anual reports. Fold out map before index
Hard Cover Taped between first page and cover, name written on first blank page
518 pages
Copyright 1927
INDEX
A
Accounts and Accounting:Charges against net earnings64, 76, 150, 282Construction account23, 31, 32Foreign criticism218-221Interest taken out of Capital Account42, 43, 64Profit & Loss explained 220Restoring expenditures charged off 354
Acts, State of Pennsylvania2, 5, 20, 24, 34, 36, 37, 41, 43-45, 48, 49, 65, 72, 73, 88, 106, 267, 307, 308
Adamson Eight Hour Law 346, 347
Agencies-Foreign429, 430
Alexandria & Fredericksburg Ry 87, 110, 130, 151, 218, 225
Alexandria & Washington Ry 87, 110, 151,'217, 218, 225
Allegheny County:Bonds owned by P. R. R 130Claim for riot damages settled184, 185Represented on P. R. R. Board of Directors 24Sale of P. R. R. stock 24Subscription to P. R. R. stock 21, 22
Allegheny Portage R. R.:Connection with17, 25, 26Description of 17, 18Link in first rail route across State 35Operation abandoned 46Part of Public Works 3Standard railroad built 46
Allegheny Region:Creation of 365Markham, C. H., Regional Director 365, 366P. R. R. System placed in 365
Allegheny Valley R. R.:Bonds owned by State of Penna 77Completed to Pittsburgh 92Description of road144-146Guarantee of bonds134,137In financial difficulties121, 210Low Grade Line77,93,121,1344137,144-146,202P. R. R. ownership of securities 128, 130Reorganized 228Value of securities of 132
Allegheny Valley Ry.:
Acquired by P. R. R 311Bonds issued228, 229Formation of 228Stock issued 229
Allentown 86
Auburn RR 197
Allentown Route 75
Allotments of Capital Stock: (See Capital Stock).
Alloway 86
Quinton R. R 241, 242
Altoona, Pa.:City bonds owned by P. R. R 130Origin of name 30, 31
Altoona Works:Description of430,432-436Equipment constructed in396, 423Revised organization for 376
American Railway Assn355, 390, 417
American Ry. Express Co. 424
American Steamship Co92, 128, 134, 137, 179, 211, 231, 244
Anderson Belt Ry. 349
Ann Arbor R. R 388
Anniversaries:Fiftieth 240Seventieth343,344
Annual Election (Directors):Date changed382,383
Annual Meetings:Date changed 382,383Remarks to stockholders ... . 218-221, 229-235, 243, 389, 390, 403-405
Anspach, William 119, 196
Anthracite Coal Lands:Connections to 201, 206, 216, 217Proposed sale of 334, 335Purchase of 105,106,154-157Sale of 353
Ashtabula, Youngstown 86 Pittsburgh R. R 140
Associates of the Jersey Company 96
Atglen & Susquehanna Branch281,293,294
Atlanta & Richmond Air Line R. R110, 111, 151
Atlantic Coast Line R. R 269, 307
Atterbury, William W.:Biography417,418Director, service as331, 416, 431Foreign decorations 418Name inscribed on panels, Pa. Station, N. Y 315Tenth President 11Term as President 12World War service369, 418
Ayers, William 118
B
Bacon, Josiah118, 196, 251
Balance Sheet (P. R. R.) (See Statistical Data).
Bald Eagle Valley R. R 48, 60, 61, 128, 130, 136, 149, 201, 210, 308
Ballast 386
Baltimore & Ohio R. R.:Competition for southern traffic 86Connection with Cumberland Valley R. R. 373Consolidation plans, Eastern District 400-402Control of Northern Central Ry 85Extension to Ohio River 2, 4-6, 27Grades across Alleghenies 15Half owner Washington Terminal Co 279, 306, 307Impartial Rate Commission created122-124L. F. Loree elected President 262Purchase of Reading Stock 261, 262Purchase of Stock by P. R. R261,262,296Purchase Rich.-Wash. Co. Stock 269
Sale of P. R. R. stock ownership 294, 295South Philada. track elevation 337Stock exchanged for Southern Pacific Co336, 423Use of Penna. Station (N. Y.)366, 367
Baltimore & Potomac R. R.:
"Branch" to Washington, D. C 86, 87Capitalization 151Completion of 103Consolidation 268, 279Construction of86, 87, 103, 151Cost to construct 151Guarantee of bonds134, 137Revised organization 124Stock of owned by P. R. R. and N. C. Ry.128, 268Value of securities132, 133Salto. & Sparrow's Pt. R. R368, 372
Balto. & Susquehanna R. R 85, 86
Baltimore Belt R. R 332
Balto., Chesapeake & Atlantic Ry.341, 368, 398
Bangor & Portland R. R. 212
Baring Bros. & Co., Ltd 309
Barnegat R. R 368
Barnes, William H.210, 251, 258, 304, 315, 331, 416
Bedford & Bridgeport R. R103, 128, 130, 136, 149, 214, 215, 321
Bedford & Hollidaysburg R. R.287, 312, 321
Bedford R. R 48, 61
Bellefonte & Snow Shoe R. R 201
Bellefonte, Nittany & Lemont R. R 210
Belvidere Delaware R. R 96, 212, 241
Bessemer Steel, manufacture of 233, 234
Bethlehem, extension to186, 187
Bethlehem Steel Co 372
Biddle, Alexander119, 196, 251, 258
Biographies:Atterbury, W. W 417, 418Cassatt, A. J259, 260, 298-300McCrea, James 305Merrick, Samuel V 13Patterson, William C 25Rea, Samuel332, 333Roberts, George B 197Scott, Thomas A 120Thomson, Frank 252Thomson, John Edgar 33, 34
Black, George 119
Board of Directors: (See Directors).
Bodine, Samuel T 119
Bonds, (P. R. R.):Collateral Note to U. S. Govt 393, 395, 396Consolidated Mortgage:
Bankers' advice helpful 309Final issue, mortgage closed 339Issues sold abroad107,309Not a necessity159, 160Recommendation as to sale and release of pledged securities160, 169, 170Reservation of General Mortgage Bonds ..340Sales of bonds thereunder107, 309, 339Terms of106,107Unnecessary to pledge securities169, 170Convertible (1902) 278Convertible (1905) 289First Mortgage34, 35, 66French Franc Loan (Pa. Co.),292, 344, 345General Mortgage (1867)72, 73, 107General Mortgage (1915):
Creation and terms of339, 340
Long term issue could have been sold 378Pledged to secure 7% Gold Loan of 1920 377Pledged to secure 612 % Gold Loan of 1921 383Risks of Bankers 340Sales of340, 353, 372Issue of, (5%) to purchase Public Works of Penna 45, 66Issues limited8, 65, 66, 73, 106, 339, 340Purchase Pa. Co. French Franc Ctfs 344, 345Purchase-stamping Sterling Bonds344, 345Sale Ten Year 7% Bonds (1920)377, 378Sale Fifteen Year 612% Bonds (1921) 383Sale Forty Year 5% Bonds (1924). 396Second Mortgage 41, 42, 66
Boston & Albany R. R 219
Bradley, William 316
Branches:Akron 80Atglen & Susquehanna281,293,294
Black Lick 325
Brilliant 281, 287, 294, 299
Butler 88
Chatauqua 326
Chestnut Hill204, 210, 371
Cresheim236, 237
Ellsworth 308
Harsimus 218
Hillman 309
Holderbaum 321
Hollidaysburg 93, 149
Indiana 35, 43, 149
Minersville 235
Morrison's Cove 93
Mt. Dallas 321
Petersburg 265, 281, 287, 299
Port Perry99, 144, 178, 179, 281
Redstone 203
Rockville179, 201
Sandusky 322
Scalp Level 227
Shenandoah 217
South Fork 227
South West Penn94, 149, 187, 291
Turtle Creek 228
West Chester186, 283
York 149
Branching powers under Charter 7
Brenner, John G118
Bridges:
Chestnut St., West Phila 173
Columbia, Pa91, 92, 149
Delaware River (Philada.) 240
Hell Gate (N. Y.)323, 324, 350-352
Long (Washington, D. C.) 98, 279
Market st., West Phila. 173
Marysville 201
North River (N. Y.) 273
Ohio Connecting (Pittsburgh) 226
Ohio River (Cincinnati) 90, 142, 187, 188
Ohio River (Louisville) 142
Randall's Island (N. Y.) 323, 324, 350-352
Rockville179, 278, 298
Schuylkill River (Girard Ave.) 338
Steubenville 63, 77
Trenton 298
Trenton Delaware (old) 96-98
Ward's Island (N. Y.)323, 324, 350-352
Capital Account:
Interest taken out 42,43,64
Main Line carried at low cost 150
Receipts from stock sales23, 31, 32
Restoring expenditures charged off 354
Road and Equipment Investment Return on (See Statistical Data).
Small charges to64, 76, 150, 282
Capital Stock (P. R. R.):
Allegheny County, sells ownership of 24
Allegheny County, subscription to 21, 22
Allotments of117, 195, 199, 209, 250, 268, 283, 284, 303, 330, 415
Allotment of, underwritten 284
Authority for additional issues34, 65, 72, 73, 106, 199, 267
Bonds convertible into 278,289
Campaign for subscriptions18, 19, 28, 29
Charter provisions 5-8
City of Phila. ownership purchased by P. R. R24, 184, 189
City of Phila. subscription to6, 19, 229
Dividends on (See Dividends).
Installment payments to bear interest8, 20, 21
Listed on N. Y. Stock Exchange 265
Market prices of (1876-1926).Addenda F
New York Transfer Office established 265
Number of holders of (See Stockholders).
Percentage earned on (1890-1926) Addenda D
Sold at premium..268, 283, 284
Value of (1874) 170
Carnegie, Andrew 56
Carpenter, George W24, 32, 118
Car Trusts (See Equipment Trust Obligations).
Cass, George W 118
Cassatt, Alexander J.:
Biography259,260,298-300
Death of 295
Director, Service as 196, 251, 258, 304
Minute of Directors on death of296-298
Name inscribed on panels, Pa. Station, N. Y 315
Seventh President 10
Statue of unveiled (Pa. Station, N. Y.)313, 314
Term as President 12
Work accomplished296-300
Centennial Passenger Station (Phila.) 174
Central Elevator Co. of Balto 353
Central Indiana Ry 399
Central Ohio R. R 62
Central R. R. of Georgia 151
Central R. R. of Maryland 338
Central R. R. of New Jersey:
Connections with201, 202, 224
Interchange of traffic with 224
Joint use of New York & Long Branch R. R 202, 207
Part of "Allentown Route" 75
Proposed use A. V. Low Grade Line 202
Central Region (P. R. R.)376, 377
Central Stock Yards & Transit Co. 130
Central Transportation Co 87, 88
Charter:
Amendments 8, 20
Made effective 6
Provisions of 6-8
Struggle for 1, 4, 5
Chartiers Ry99, 128,134, 137, 138, 141, 213, 307
Chelsea Branch R. R.241, 242
Chemung R. R146, 147, 215
Cherry Tree & Dixonville R. R286, 287
Chesapeake & Ohio Ry 261, 269, 294, 296, 307
Chester Creek R. R 198, 370
Chicago & Alton R. R. 408
Chicago & Eastern Illinois R. R 253
Chicago & Northwestern R. R 219
Chicago, Burlington & Quincy R. R 237, 238, 336, 337, 355, 408
Chicago, Indiana & Eastern R. R 349
Chicago, Milwaukee & St. Paul Ry.336, 337, 408
Chicago, St. Louis & New Orleans R. R 152
Chicago, St. Louis & Pittsburgh R. R.206, 225
Chicago Union Station Co 336, 337, 407, 408
Choate, Joseph H 240
Cin. & Muskingum Valley R. R253, 322
Cin. & Muskingum Valley Ry 88, 90, 99, 105, 130, 141, 253
Cincinnati & Richmond R. R 225
Cin., Lebanon & Northern R. R 339, 368, 381, 397, 399
Cincinnati Street Connection Ry. 81, 89
Civil War, P. R. R. in 53-56
Claflin, John 316
Clark County (Ill.) Bonds 130
Clark, E. E 355
Cleveland & Marietta R. R 238, 322
Cleveland & Pittsburgh R. R79, 80, 90, 91, 135, 138, 140
Cleveland, Akron & Cin. Ry322,381,397
Cleveland, Akron & Col. Ry 262, 263, 322
Cleveland, Cin., Chicago & St. L. R. R.39, 82, 203
Cleveland, Mt. Vernon & Del. R. R 80, 90, 128, 142
Cleveland, Zanesville & Cin. R. R 80
Coal lands, (See Anthracite Coal Lands)
Coal Strike387, 395
Coates, G. Morrison119, 196
Columbia & Port Deposit R. R 130, 144, 178, 224
Columbia & Port Deposit Ry 224, 348
Columbia Bank 91, 92
Columbia Bank & Bridge Co 91, 92
Columbia Bridge Co91, 92, 149
Columbia, Lancaster & Phila. Ry. 2
Columbus & Xenia R. R 81, 89
Col., Chicago & Ind. Central Ry...80, 81, 130, 135, 138, 141, 173, 174, 206
Columbus, Sandusky & Hocking R. R 282
Colwell, Stephen 24, 32
Comegys, Benjamin B 251, 258, 304
Community of Interest Plan260-262, 294-297, 299
Companies (Subsidiary):
Leased roads, dangers in purchasing securities of158, 159
Number of and kind in SystemAddenda N
Suggested method of control157,158,169
Conclusion437-445
Connecting Ry61, 75, 95, 96, 128, 134, 136, 277
Connecting Terminal R. R. (Buffalo) 368
Connellsville & Southern Penna. R. R. 305
Consolidated Mortgage (See Bonds).
Consolidations, General:
Conferences, Eastern District400-402
Four System plan 400-402
New legislation required399, 400
Tentative plan of I. C. C 398,399
Constitution-State of Penna., acceptance of266, 267
Continental Improvement Co 108
Cook & Son, Thomas429, 430
Cooke, Jay416, 431
Cope, Thomas P 24
Corbit, Henry C. 24
Cornwall & Lebanon R. R 336, 371, 372
County, A. J416, 431
Craig, Hugh 119
Cramp, William & Sons 92
Cresson & Clear. County & N. Y. Short Route R. R 236
Cresson & Irvona R. R 286
Cresson R. R 228
Cresson Springs Co 128
Cresson, William P 72
Cross-ties 386
Cumberland & Pennsylvania R. R. 321
Cumberland Valley & Martinsburg R. R373, 381
Cumberland Valley R. R .50, 128, 147, 149, 295, 300, 368, 373, 398
Cummins, Daniel B196, 251
Curtis, Benjamin T 118
Cuyler, Thomas DeWitt258, 304, 313, 315, 331, 416
D
Danville, Hazleton & Wilkes-Barre R. R102, 130, 136, 149, 156, 183
Davis, Edward M 32, 118
Davis, John C 72
Day, Charles 431
Dayton & Western R. R81, 89
Dayton, Lebanon & Cin. R. R. & Term. Co 339
Dayton, Xenia & Belpre R. R. 81
Degnon Realty & Terminal Improvement Co 317
Delaware & Hudson Co 324, 325
Delaware & Raritan Canal Co. 95, 97
Delaware R. R 198, 311
Delaware River Extension (Phila.)49, 50, 150
Delaware River R. R. & Bridge Co240, 244
Derbyshire, Alexander J 32, 118, 196
Derbyshire, John 119
Detroit, extension to349, 350, 388
Directors:
(Names indexed alphabetically).
Annual election date changed 382, 383
Classification of ..267
Coal investigating Committee (1906)290, 291
Factor in growth 442
First election of 13
List of 24, 32, 118, 119, 196, 251, 258, 304, 331, 416, 431
Minutes on Presidents. 111, 112, 190, 191, 245, 246, 255, 295-298, 327, 410, 411
Municipal representation on Board 24
Number and qualification 6
Panels erected by, in Pa. Station, N. Y.314-317
Responsibility placed on President 162-164
Suggested powers of and qualifications for (1874)165-169
Suggestion of Stockholders' Com. as to compensation for services 167
Director General of Railroads (See U. S. Govt. Operation). Dividends (P. R. R.):
Average paid64, 171, 440
Cash42, 48, 64, 66, 75, 76, 117, 188, 195, 203 204, 236, 250, 257, 303, 330, 415
Cash paid every year343, Addenda E
Charter provision as to payment of 8
Distribution of Stock purchased from City of Philada 188, 189
Increased 418
Quarterly172, 184, 311
Reduced177, 178, 383, 384, 395
Scrip109, 117, 188, 195, 203, 204, 209, 236, 250
Semi-annual 184,187,311
Statement of117, 195, 250, 257, 303, 330, 415, Addenda E
Stock61, 64-66, 75, 76, 117
Dixon, George D 331, 416
Dorrance, John T 431
Downingtown & Lancaster R. R.221, 283
DuBarry, Joseph N 251
Duquesne Way (Pittsburgh)281, 294, 299
E
Earnings, expenses, mileage, etc. (See Statistical Data).
East Brandywine & Waynesburg R. R 130, 136, 149, 221
Eastern Region (P. R. R.) 376
Eastern Shore R. R 208
Ebensburg & Black Lick RR.239,286
Ebensburg & Cresson R. R 48, 60, 136, 149, 228
Eddystone & Delaware River R. R 372
Eel River R. R 270
Electrification:
Altoona-Johnstown 333, 443
Long Island R. R.300, 443
New York Tunnel Extension270-277
P. R. R. a leader in442, 443
Phila. to Paoli 343, 443
West Jersey & Seashore R. R 293, 299, 443
West Phila.-Chestnut Hill 371, 443
Wilmington and West Chester407, 443
Elkin, Lewis 119
Elkins, William L 196, 251, 258, 304, 315
Elkton & Middletown R. R. Co. of Cecil County 348
Elliott, Howard 355
Harrison, Fairfax 355
Hastings, Daniel H 240
Haupt, Herman 118
Heinz, Howard 416, 431
Hell Gate Bridge, N. Y. (See Bridges).
Henry, Bayard 416, 431
Heroic Service Medals 395
Holden, Hale 355
Hollidaysburg, Bed & Cumberland R. R 321
Holliday's Cove R. R 63, 77, 89, 130
Hotel Pennsylvania (N. Y.) 348, 349, 373
Houston, Henry H. 251
Howell, George 24, 32, 118
Hudson & Manhattan R. R.:
First section opened310, 311
In operation to Newark, N. J. 323
Route of310, 311
Hulme, John 118
Huntingdon & Broad Top Mountain R. R. & Coal Co. 130
I
Illinois Central R. R 152, 365
Improvement programs:
Between New York and Pittsburgh (1902)281, 294
Between Pittsburgh and Buffalo 326
N. Y. Tunnel Extension & Station270-277
Phila. Terminal 318, 319, 325, 391, 402, 406, 407, 420
Pittsburgh397, 398
Policies of A. J. Cassatt10, 297, 298
Railroads of the Country11, 389, 390
Income Statement (See Statistical Data).
Indiana & Lake Michigan Ry 237
Indianapolis & Frankfort R. R 372, 381
Indianapolis & St. Louis R. R.,79, 82, 88, 130, 135, 138, 140, 203
Indianapolis & Vincennes R. R88, 100, 101, 135, 138, 140, 288, 289
ABOUT THE BOOK
THIS review of the growth and development of The Pennsylvania Railroad Company was begun some years ago, and represents the use, to a large extent, of leisure hours. Its preparation was inspired by a desire to know more about how the Company grew to its present powerful position in the field of transportation. As this information was not available in condensed form or chronological order, it was necessary to go back to the origin of the Company, over 80 years ago, and resort very largely to its Annual Reports to secure the data.
No references are made to many minor events, which are inseparable from the growth of every large corporation, the purpose being to simply record the more important facts. To have done otherwise would have considerably enlarged the work without correspondingly adding to its value to those interested in obtaining a brief account of the inception and growth of a really great transportation system.
I gratefully acknowledge the helpful suggestions received from the various Departments.
H. W. S.
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