Minutes, 1968 Mar. 26.

ArchivalResource

Minutes, 1968 Mar. 26.

Complete set of minutes of the last Board of Directors of the Erie-Lackawanna Railroad Company held in New York City on March 26, 1968, together with accompanying documentation and a signed opinion from Cravath, Swaine & Moore regarding the action taken by the Board at such meeting relating to the approved merger of the railroad into Erie Lackawanna Railway Company, a Delaware corporation controlled by Norfolk and Western Railway Company. Accompanying documents include copies of the certificate of incorporation and bylaws of Dereco, Inc., a holding company owned by Norfolk & Western and organized on March 1, 1968; the certificate of incorporation and bylaws of the newly organized Erie Lackawanna Railway Company; agreement and plan of merger between Erie Lackawanna Railway Company and the Erie-Lackawanna Railroad Company; escrow agreement among Norfolk and Western Railway Company, Dereco, Inc., Erie Lackawanna Railway Company, and Morgan Guaranty Trust Company of New York; certificate of merger of the Erie Lackawanna Railway Company and Erie-Lackawanna Railroad Company into the Erie Lackawanna Railway Company; and related materials.

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SNAC Resource ID: 7770679

Related Entities

There are 3 Entities related to this resource.

Erie-Lackawanna Railroad Company

http://n2t.net/ark:/99166/w6z072pz (corporateBody)

New York railroad formed by the merger of the Erie Railroad with the Delaware, Lackawanna & Western Railroad on Oct. 17, 1960. On April 1, 1968, the railroad merged with the Erie Lackawanna Railway Company of Delaware. On June 26, 1972, Erie Lackawanna Railway Company entered reorganization proceedings under federal bankruptcy act; in course of proceedings most of rail assets were required by law to be conveyed on Apr. 1, 1976 to Consolidated Rail Corporation (Conrail); on November 30, 1982,...

Erie Lackawanna Railway Company

http://n2t.net/ark:/99166/w6hn01sr (corporateBody)

The Erie-Lackawanna Railroad Company resulted from the merger of two companies in 1960. These were the Erie Railroad and the Delaware, Lackawanna and Western (known as Lackawanna). Both roads were based primarily in the northeastern states of Pennsylvania and New York. The Erie offered service from Jersey City, New Jersey (metropolitan New York) to Hammond, Indiana (metropolitan Chicago). In 1968, the Erie Lackawanna became a part of Dereco, a holding company owned by the Norfolk and Western, an...

Norfolk and Western Railway Company

http://n2t.net/ark:/99166/w6qv7fdc (corporateBody)

Reorganized in 1896 from Norfolk and Western Railroad Company. From the description of Records, 1896-1969. (Virginia Tech). WorldCat record id: 28420979 The Norfolk and Western Railroad was created and organized in 1881 when Clarence H. Clark and his associates purchased property and franchises belonging to the Atlantic, Mississippi and Ohio Railroad Company. As a result of the purchase, the combined track length owned by Clark and associates was just over 400 miles. By 1900...