While it may have the yellow CV nose now, it certainly didn't have it when CV sold it. 3601 was acquired by LVRC along with 3608 and 3612. with the latter two in active service, 3601 was needed as a parts source. This would explain the gutting of the locomotive and what was likely a lower price for the buyer. I've attached a picture of 3601 and 3612 in Morrisville after being sold.
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Did we ever hear a music sweeter than the one that thrills, as it floats along the Deerfield, as it echoes o'er the hills.
How we watch that little engine as it stalks across the plain; was there ever music sweeter, was there ever sight completer, than the coming of the train?
-E. A. Fitch