MONON BOARD

MONON Railroad OPERATIONS => General Operatons => Topic started by: George Lortz on June 17, 2015, 11:22:10 am

Title: Monon Ownership of Other Railroads
Post by: George Lortz on June 17, 2015, 11:22:10 am

It's my understanding that at various times the Monon owned a percentage of the K&IT, IURY and C&WI.  Were there other railroads that they owned percentages of?

George L.

Title: Re: Monon Ownership of Other Railroads
Post by: Bob Lalich on June 17, 2015, 04:42:50 pm

Belt Railway of Chicago.

Title: Re: Monon Ownership of Other Railroads
Post by: Tim T Swan on June 17, 2015, 05:46:54 pm

Didn't "we" once own a piece of the CSS&SB as part of the plan to provide service to NIPSCO's Burns Harbor plant?  Or something like that.

Title: Re: Monon Ownership of Other Railroads
Post by: Mark Johnson on June 21, 2015, 09:37:55 am

Tim - you are correct. Monon owned ~ 20% of CSS&SB; divested this share in an ICC/market based deal after a failed takeover.

Mark J

Title: Re: Monon Ownership of Other Railroads
Post by: Mike Albert on June 21, 2015, 03:06:28 pm

Burns Harbor was (is) the site of the Port of Indiana and the Bethlehem Steel Plant.

Title: Re: Monon Ownership of Other Railroads
Post by: Robert Wheeler on July 04, 2015, 03:54:23 pm

I do not believe that the Monon (or predecessors) ever owned a part of the IU Ry. a Poor's Manual would give a listing of the ownership at various times. It stated with ownership by the Indianapolis Union Stock Yards and/or Ely Lilly and finally Conrail.

Title: Re: Monon Ownership of Other Railroads
Post by: Steve Dolzall on July 04, 2015, 08:01:55 pm

The CI&L was an Indianapolis Union tenant but, never an owner.

Steve