Railroad Forums 

  • NYS&W's D&H control

  • Discussion related to New York, Susquehanna & Western operations past and present. Also includes some discussion related to Deleware Otsego owned and operated shortlines. Official web site can be found here: NYSW.COM.
Discussion related to New York, Susquehanna & Western operations past and present. Also includes some discussion related to Deleware Otsego owned and operated shortlines. Official web site can be found here: NYSW.COM.

Moderators: GOLDEN-ARM, NJ Vike

 #993647  by DH7409
 
I'm looking for the exact dates the NYS&W controlled the D&H. I can only find a broad 88'-91'. I know GTI ran the D&H for at least half of 88' and I thought CP gained control in 90'. Can anyone help?
Tim
 #993773  by lvrr325
 
Guilford cast the D&H off into bankruptcy and the court appointed the NYS&W to run it.

NYS&W, CP and others then bid for the assets of the D&H through the court, with the CP winning on the basis that although it's bid was not highest, they would have the financial ability to improve the property moreso than the NYS&W. It probably was the right decision given the NYS&W today is little more than a puppet of NS and CSX.

Best bet to pin the dates down would be back issues of Railpace, Trains, or Railfan & Railroad.
 #1079137  by Engineer Spike
 
CP purchase finalized in 1991. Who ran it between the Susquehanna and CP? i have heard that there was some falling out between the bankruptsy trustee and Walter Rich. Did the trustee runs it himself, or was CP starting to take control before the deal was done?
 #1080586  by CPF363
 
lvrr325 wrote:Guilford cast the D&H off into bankruptcy and the court appointed the NYS&W to run it.

NYS&W, CP and others then bid for the assets of the D&H through the court, with the CP winning on the basis that although it's bid was not highest, they would have the financial ability to improve the property moreso than the NYS&W. It probably was the right decision given the NYS&W today is little more than a puppet of NS and CSX.
Who were the other bidders? Did CN, NS or CSX ever make any bids for the D&H?