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	Penn Central Transportation - Wikipedia, the free encyclopedia
		The driving force behind the creation of the Penn Central was the perilous financial situations of all three railroads in the late 1960s.
		Although the decline of the north-eastern US railroads had many causes, increasing competition from the trucking industry, subsidized by the federally-funded highway system, was one of the greatest of them, as was their inability to respond to market conditions.
		Salvation came, finally, in nationalization under the Railroad Revitalization and Regulatory Reform Act of 1976; the federally-owned corporation Conrail was formed to take over the railroad assets of the bankrupt Penn Central and five other failed railroads in the north-eastern United States as of April 1, 1976.
	en.wikipedia.org /wiki/Penn_Central_Railroad (688 words)

	Penn Central
		As in the Penn Central case, the attorney for Euclid argued that zoning was needed to preserve the character of the village.
		Penn Central attorneys made this point, saying that Euclid turned on protecting "health, safety, morals, and general welfare," while the Penn Central case was based solely on aesthetics, which are in the eyes of the beholders.
		Penn Central opened the door for downzoning such as that found in rural Oregon, where no one is allowed to build a house on their own land unless they own 160 acres and, if it is farm land, actually earn (depending on soil productivity) $40,000 to $80,000 a year farming it.
	www.ti.org /vaupdate38.html (1121 words)

	Penn Central - Wikipedia, the free encyclopedia (Site not responding. Last check: 2007-11-07)
		The Penn Central Transportation Company, normally called Penn Central, was an American railroad company, headquartered in Philadelphia, Pennsylvania and formed by the merger on February 1, 1968 of the Pennsylvania Railroad and the New York Central Railroad; the New Haven was added to the merger at the insistence of the ICC on January 1, 1969.
		The Penn Central Corporation was a holding company for the railroad.
		In only two years, the Penn Central declared bankruptcy on June 21, 1970 in what was then the largest in American history.
	www.lighthousepoint.us /project/wikipedia/index.php/Penn_Central (631 words)

	Penn Central Railroad (Site not responding. Last check: 2007-11-07)
		The Penn Central Railroad was an American railroad company, headquartered in Philadelphia, Pennsylvania and formed by the merger in 1968 of the Pennsylvania Railroad and the New York Central Railroad; the New Haven; was added to the merger at the insistence of the ICC.
		Although the decline of the north-eastern US railroads had many causes, increasing competition from the trucking industry, subsidised by the federally-funded highway system, was one of the greatest of them, as was their inability to respond to market conditions.
		Salvation came, finally, in nationalisation under the Railroad Revitalization and Regulatory Reform Act of 1976; the state-owned corporation Conrail was formed to take over the railroad assets of the bankrupt Penn Central and five other failed railroads in the north-eastern United States.
	www.sciencedaily.com /encyclopedia/penn_central_railroad (429 words)

	Penn Central -- Facts, Info, and Encyclopedia article (Site not responding. Last check: 2007-11-07)
		The driving force behind the creation of the Penn Central was the perilous financial situations of all three railroads in the late (The decade from 1960 to 1969) 1960s.
		The Penn Central Corporation was a (A company with controlling shares in other companies) holding company for the railroad.
		The Penn Central Transportation Company was merged into Conrail, but its (A company with controlling shares in other companies) holding company, the Penn Central Corporation, continued.
	www.absoluteastronomy.com /encyclopedia/p/pe/penn_central.htm (537 words)

	JG/TC: Print Version
		Locally, two railroads — Illinois Central and Penn Central Railroad — cross the city while construction is under way to connect the nearby interstate with other parts of the state and nation.
		There were plans for a civic center on the west side of the downtown mall, and new landscaping along the Penn Central right of way, which used to run east-west on an arc through the northern section of the downtown area.
		Penn Central Railroad eventually closed down and the tracks were torn up about 20 years ago.
	www.jg-tc.com /articles/2005/03/09/news/news03.prt (742 words)

	Penn Central Obsolete Collectible Stock Certificates (Site not responding. Last check: 2007-11-07)
		The Penn Central was created in February of 1968 by the merger of the Pennsylvania Railroad, and the New York Central System.
		The Pennsylvania Railroad arose in 1846 out of the competition of the ports of Baltimore and Philadelphia for the cargo of the great American west that was just then opening-up to large scale trade.
		The New York Central Railroad was formed in the merger of the New York Central and Hudson River Railroads under the ownership of Cornelius Vanderbilt in 1869.
	www.swgraham.com /home/penncentral.html (880 words)

	New York Central - Hutchinson encyclopedia article about New York Central (Site not responding. Last check: 2007-11-07)
		In 1968 it merged with the Pennsylvania as the Penn Central, but this venture failed, and in 1970 it was taken over by the government's Conrail system.
		The small lines across central New York from which the New York Central was created were built to rival the Erie Canal, and had demonstrated the efficiency of rail as an alternative to barge transport.
		The Central long dominated New York City rail traffic, as the Pennsylvania and Erie railroads and other competitors had to run a ferry service to the city from their termini in New Jersey.
	encyclopedia.farlex.com /New+York+Central (511 words)

	The Wreck of the Penn Central (Site not responding. Last check: 2007-11-07)
		The engrossing story of the giant Penn Central Railroad formed from the merger between the Pennsylvania and New York Central Railroads, and its short course to bankruptcy.
		On June 21, 1970 the Penn Central Transportation Company filed for bankruptcy reorganization under Section 77 of the Bankruptcy Act, a mere 872 days after the largest railroad in United States history was formed with the merger of the Pennsylvania and New York Central Railroads.
		Additional railroad bankruptcies in the Northeast led to the creation government-owned Conrail in 1976, and government’s response was to phase in deregulation of the industry.
	www.beardbooks.com /the_wreck_of_the_penn_central.html (1930 words)

	Penn Central Railroad - Dunkirk, NY (Site not responding. Last check: 2007-11-07)
		Penn Central Railroad - Dunkirk, NY Penn Central Railroad - Dunkirk, NY The Penn Central Railroad was formed by the merger of the New York Central System with the Pennsylvania Railroad on March 1, 1968.
		At the time of the merger, the Penn Central was among the largest, if not the largest, railroad operating company in the world.
		The Pennsylvania Railroad Chautauqua Branch entered the county in the southwest corner.
	www.s363.com /dkny/pc.html (317 words)

	The Fallen Colossus (Site not responding. Last check: 2007-11-07)
		The demise of the Penn Central, which took the form of a death struggle for six years, was a catalyst for legislation that set the stage for future partnerships between the private and public sectors, a relationship enjoyed by other segments of the transportation industry.
		The demise of the Penn Central was a catalyst for legislation which set the stage for future partnerships between the public and private sectors, a relationship enjoyed by other segments of the transportation industry.
		The Penn Central debacle had much to teach the investor, businessmen and financiers of the time about giant corporations caught in economic recessions or industries suffering a slow decline.
	www.beardbooks.com /the_fallen_colossus.html (654 words)

	JeffPo's Penn Central Lantern Page (Site not responding. Last check: 2007-11-07)
		This Adlake lantern was used by the Penn Central Railroad.
		The Penn Central Railroad was created in 1968 by the merger of the Pennsylvania Railroad, the New York Central Railroad, and the New Haven Railroad.
		Penn Central’s non-rail assets actually still exist as the American Financial Group.
	www.mindspring.com /~jeffpo/penncentral.htm (104 words)

	Penn Central Hauls Coal
		Much of the coal from Centre and Clearfield county strip mines was carried by the Penn Central Railroad to Eastern power plants and export piers.
		Clearfield, a former New York Central stronghold, was the home base for most of Penn Central’s motive power, operating crews, dispatching, and maintenance.
		The former Pennsylvania Railroad yard at Osceola Mills was closed in favor of Clearfield shortly after the 1968 Penn Central merger.
	www.personal.psu.edu /staff/m/x/mxb13/RRS/PennCentral.html (328 words)

	Homepage
		The railroad is operated point-to-point, with 4 mainline cabs in the center of the 57ft.
		Centralized Train Control (CTC) is coordinated from a booth with a control panel that is built into the old trackside bay window of the station.
		The locomotives of the Finger Lakes railroad are painted in the traditional Lightning Stripe scheme of the New York Central with the only difference being the lettering for Finger Lakes Railroad instead of New York Central and of course these locomotives are a little bit more modern than the diesels of the old NYC.
	members.aol.com /cnyclub/homepage.html (410 words)

	Railroads - How Penn Central Went Bankrupt, Amtrak Enroute
		Penn Central was the largest railroad in the country with a weekly payroll over $20 million in the late 1960s.
		A congressional investigation, headed by Congressman Wright Patman in 1972, revealed Penn Centrals decision making board was comprised of the bankers who had financed Penn. These banks, led by the Rockefeller Chase Bank, also held huge blocks of stock in Penn Central and were ultimately responsible for the railroads failure.
		Towards the end, on May 21st 1970, Penns CFO, David Bevans, quietly shared with Penns bankers Penn's financial condition was so weak they would be forced to seek a federal loan guarntee, without which Penn Central would have to shut down.
	www.rense.com /general11/amtrak.htm (533 words)

	Penn Central Transportation Company (Site not responding. Last check: 2007-11-07)
		The Penn Central was born amid great expectations and promises on February 1,1968 by the merger of the New York Central System into the Pennsylvania Railroad on that date.
		With incompatible computer systems,signal systems, operating styles, and personalities at the top, the new railroad remained essentially two in operation though it was one in name.
		New York Central was the Water Level Route while Pennsylvania Railroad crossed the Alleghenys.
	www.rosshorwood.com /RailSiteLinksFiles/PennCentral.html (817 words)

	20th Century
		Penn Central claimed that service north of Brewster was inter-city and not commuter service.
		Penn Central changed their name in 1994 to American Premier Underwriters, Inc. They now deal primarily in insurance.
		Metro-North Commuter Railroad, a subsidiary of the MTA took control of the Harlem, Hudson and New Haven lines on January 1, 1983.
	www.southeastmuseum.org /html/20th_century.html (627 words)

	AllRefer.com - Penn Central Company, Business & Occupation, (Businesses And Occupations) - Encyclopedia
		Penn Central Company, former U.S. transportation company, formed in 1968 by the merger of the New York Central RR and the Pennsylvania RR.
		By the early 1970s the railroad was bankrupt; in 1976 the U.S. government created Conrail from the Penn Central and five other failed eastern railroads.
		Conrail itself was taken over in 1999 by the CSX and Norfolk Southern railroads.
	reference.allrefer.com /encyclopedia/P/PennCent.html (224 words)

	PENN CENTRAL (Site not responding. Last check: 2007-11-07)
		On February 1, 1968 the Pennsylvania Railroad and the New York Central Railroad merged to form the Penn Central Railroad, The New York and Hartford (NEW HAVEN) merged at the end 1968.
		On Sunday, June 21, 1970 Penn Central Filed for bankruptcy protection from it's creditors, although it's trains continued to run.
		In addition to Penn Central, 6 other eastern rail services were also in bankruptcy protection.
	www.trainweb.org /nycrail/pc/pc.htm (121 words)

	Amazon.com: Books: The Wreck of the Penn Central (Site not responding. Last check: 2007-11-07)
		Penn Central Railroad: The Pioneer Merger Road 1968-1976 (Mbi Railroad Color History) by Peter E. Lynch
		Further, if there was true leadership coming from the railroad, and if the government was at all interested in "leveling the playing field" in comparison to the airline and trucking industry subsidies, this country would still have an extensive and viable freight railroad system.
		The Penn Central was the failed attempt at combining the storied Pennsylvania Railroad and the historic New York Central Railroad -- both major lines in the Northeast United States -- during a period of time in which all railroads were suffering under strict and burdensome government regulation and the obligation to carry passenger traffic.
	www.amazon.com /exec/obidos/tg/detail/-/1893122085?v=glance (923 words)

	Victorian Era New York Central and Hudson River Railroad Bonds (Site not responding. Last check: 2007-11-07)
		The NYCandHR RR was created by the merger of the Erastus Corning run New York Central Railroad of upstate New York, and the Hudson River Railroad of Commodore Cornelius Vanderbilt.
		The name of the railroad remained the New York Central and Hudson River Railroad until 1913 when the line was further consolidated and renamed the New York Central Railroad Company.
		It held this name until 1968 when it reluctantly merged with its arch-rival, the Pennsylvania Railroad, to form the ill-fated Penn Central.
	www.swgraham.com /home/nychrrr.html (445 words)

	Penn Central Railroad Online (Site not responding. Last check: 2007-11-07)
		The Penn Central merger was consumated on Feburary 1, 1968, between the Pennsylvania Railroad and the New York Central Railroad.
		Penn Central also invested in other companies, such as real estate, pipelines, and other ventures.
		This is a gross simplification of the history of the Penn Central.
	pc.smellycat.com /docs/history.html (373 words)

	PA State Archives - MG-286 - Scope and Content Note - Penn Central Railroad Collection (Site not responding. Last check: 2007-11-07)
		The PRR, incorporated on April 13, 1846, became by the turn of the century the "standard railroad of the world" and the largest single employer of men and women in the United States.
		The Penn Central Transportation Company was formed in 1968 with a merger of the PRR and the New York Central Railroad.
		History of the Pennsylvania Railroad, 1846-1896, by J. Elfreth Watkins.
	www.phmc.state.pa.us /bah/dam/mg/mg286PRR.htm (2530 words)

	Sampling of Penn Central, A (Site not responding. Last check: 2007-11-07)
		he Penn Central came into being with the merger of the New York Central and Pennsylvania lines in 1968 and ended with the formation of Conrail in 1976.
		A Sampling of Penn Central is more than a photographic documentation of the difficulties of the merger: every nook and cranny of this vast region is explored in detail.
		He held various staff positions on the railroad, rising from assistant trainmaster to general manager of the Southern District/Region in Indianapolis in 1967 and of the New Haven Region in 1969.
	www.indiana.edu /~iupress/books/0-253-33702-X.shtml (249 words)

	PENN CENTRAL
		This website is dedicated to, and covers mostly info about the railroad dept. of the main holding company, the Penn Central Company.
		The Penn Central Company was the proper name of the whole conglomerate-holding company, and was made an official American company as a result of combining the New York Central (NYC) and Pennsylvania (PRR) Railroads on February 1, 1968, and later merged the New Haven RR in the beginning of 1969.
		This site has no affiliation to the real Penn Central Company (now has a different name), but is intended to help preserve the history of the PC (mainly the railroad).
	www.geocities.com /pcrrusa/indexpg2.html (495 words)

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