Author Topic: Monon Ownership of Other Railroads  (Read 2304 times)

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George Lortz

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Monon Ownership of Other Railroads
« 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.

Bob Lalich

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Re: Monon Ownership of Other Railroads
« Reply #1 on: June 17, 2015, 04:42:50 pm »
Belt Railway of Chicago.

Tim T Swan

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Re: Monon Ownership of Other Railroads
« Reply #2 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.

Mark Johnson

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Re: Monon Ownership of Other Railroads
« Reply #3 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

Mike Albert

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Re: Monon Ownership of Other Railroads
« Reply #4 on: June 21, 2015, 03:06:28 pm »
Burns Harbor was (is) the site of the Port of Indiana and the Bethlehem Steel Plant.

Robert Wheeler

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Re: Monon Ownership of Other Railroads
« Reply #5 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.
« Last Edit: July 20, 2015, 04:52:13 pm by Robert Wheeler »
Robert E. Wheeler, PE, Archivist Emeritus rewheeler@iquest.net
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Steve Dolzall

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Re: Monon Ownership of Other Railroads
« Reply #6 on: July 04, 2015, 08:01:55 pm »
The CI&L was an Indianapolis Union tenant but, never an owner.

Steve