Texas and Pacific Railway Company
Biographical notes:
The Texas and Pacific Railway Company was the only railroad in Texas, and one of the few in the United States, to operate under a federal charter. Congress granted the charter March 3, 1871. With the end of the Civil War, the project to construct a southern transcontinental railroad was revived, and the Texas Pacific was given the right to build from Marshall, Texas, to San Diego, California. The company was granted a federal land grant of twenty sections of land per mile through California and forty sections through what are now Arizona and New Mexico and a state land grant of twenty sections in Texas.
The discovery of oil in West Texas during the late 1920s and later in East Texas had a major impact on the company. During the years of peak crude oil movement the physical condition of the railroad was significantly improved, and the Texas and Pacific was able to weather the Great Depression better than many of the other railroads in the region.
On October 15, 1976, the Texas and Pacific was merged into the Missouri Pacific.
Source: Handbook of Texas Online, s.v. “TEXAS AND PACIFIC RAILWAY," http://www.tshaonline.org/handbook/online/articles/TT/eqt8.html (accessed September 22, 2009).
From the guide to the Texas and Pacific Land Trust Narrative 71-78., 1888, 1962, (Dolph Briscoe Center for American History, The University of Texas at Austin)
The Texas and Pacific Railway Company was the only railroad in Texas, and one of the few in the United States, to operate under a federal charter. With the end of the Civil War, the Texas Pacific was given the right to build from Marshall, Texas, to San Diego, California.
The discovery of oil in West Texas during the late 1920s and later in East Texas had a major impact on the company. During the years of peak crude oil movement the physical condition of the railroad was significantly improved, and the Texas and Pacific was able to weather the Great Depression better than many of the other railroads in the region. On October 15, 1976, the Texas and Pacific was merged into the Missouri Pacific.
From the description of Texas and Pacific Land Trust, narrative, 1888, 1962. (University of Texas Libraries). WorldCat record id: 466407048
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Subjects:
- Petroleum industry and trade
- Petroleum industry and trade
- Railroad holding companies
- Railroad holding companies
Occupations:
Places:
- Midland County (Tex.) (as recorded)
- United States (as recorded)
- Midland County (Tex.) (as recorded)
- Texas (as recorded)
