by GulfRail
I was looking up "Delaware & Hudson Stock Certificates" on google when this came out:
http://www.scripophily.net/deandhucode.html
It says that the companies name was changed to "Champlain National Corporation." I have read that the Delaware & Hudson Railroad was just one of the D&H Co.'s subsidiaries, and I even remember a trains magazine stating that the D&H Co. sold the railroad to DERECO. In other words, the remaining non-rail assets possessed by the company would have continued separate from the DERECO operation the Delaware & Hudson Railway, so a new company name would be needed. I tried looking up "Champlain National Corporation," but I couldn't find anything. The was an organization known as "Champlain National Bank," but I doubt that they have anything to do with the former D&H Company. (I even checked their corporate history page, they never mentioned about being founded in 1823 or having a railroad and coal subsidiary, not to mention, they are privately held) Could anyone help me? This should be an interesting topic that will require a little bit of detective work.
http://www.scripophily.net/deandhucode.html
It says that the companies name was changed to "Champlain National Corporation." I have read that the Delaware & Hudson Railroad was just one of the D&H Co.'s subsidiaries, and I even remember a trains magazine stating that the D&H Co. sold the railroad to DERECO. In other words, the remaining non-rail assets possessed by the company would have continued separate from the DERECO operation the Delaware & Hudson Railway, so a new company name would be needed. I tried looking up "Champlain National Corporation," but I couldn't find anything. The was an organization known as "Champlain National Bank," but I doubt that they have anything to do with the former D&H Company. (I even checked their corporate history page, they never mentioned about being founded in 1823 or having a railroad and coal subsidiary, not to mention, they are privately held) Could anyone help me? This should be an interesting topic that will require a little bit of detective work.