Wagner Palace Car Company.

Major competitor to the Pullman's Palace Car Co. formed in 1866 as the New York Central Sleeping Car Co. and renamed the Wagner Palace Car Co. in 1886 after its deceased founder, Webster Wagner.

Controlled by Vanderbilt interests and run by William Seward Webb, a Vanderbilt son-in-law, Wagner worked to expand its lines and spent lavishly on new equipment in an attempt to compete with Pullman. That attempt ended in 1899, when the Pullman's Palace Car Company purchased Wagner for 36.5 million dollars.

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2016-08-11 05:08:22 pm

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