ConRail. Merger documents, 1997-1998.
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ConRail
http://n2t.net/ark:/99166/w63b9ndv (corporateBody)
The Consolidated Rail Corporation (Conrail) was incorporated in Pennsylvania on February 10, 1976, for the purpose of taking over the viable portions of the Penn Central Transportation Company and other bankrupt Northeastern railroads as determined by the 1975 Final System Plan of the United States Railway Association. Conrail''s securities were owned by the federal government for funds advanced, and by its employees for wage and hours givebacks. Initial operation was as troubled and unprofitabl...