Re: [Bulk] [CBQ] Re: FW&D GP-40 620 - 639

["Norm Metcalf normmetcalf@yahoo.com [CBQ]" <CBQ@yahoogroups.com>]

Jeff, the FWDC was incorporated in Texas due to a law requiring 
railroads operating in Texas to be incorporated in Texas.  So a number 
of railroads had Texas subsidiaries.  I don't recall exactly when it was 
repealed, I think early 1960's.  Norm Metcalf, Boulder Colorado

On 11/6/2014 8:51 AM, jeff worones wrote:
> I did not know that Norm! Just thought it was a paperwork thing for taxes or 
> being incorporated in Texas...something silly like that. I always find this 
> corporate stuff interesting.
> Thanks for sharing that.
>
> Jeff
>   
> Jeff Worones
> Seattle WA
>
> --------------------------------------------
> On Thu, 11/6/14, Norm Metcalf normmetcalf@yahoo.com [CBQ] 
> <CBQ@yahoogroups.com> wrote:
>
>   Subject: Re: [Bulk] [CBQ] Re: FW&D GP-40 620 - 639
>   To: CBQ@yahoogroups.com
>   Date: Thursday, November 6, 2014, 7:14 AM
>     
> Dave, on 2 Mar 1970 the CS wasn't a wholly-owned subsidiary of the CBQ. The 
> CBQ owned about 74% of
> the CS, I've been told that most of the 26% was owned by the estate of former 
> CS VP{ Robert Rice, for whom the
> CS' Rice Yard was named. The BN gradually acquired enough of the stock to 
> force a merger with the CS. The CS owned all but 16 shares
> of the FWD so the FWD  was an indirect subsidiary of the BN.
> Norm Metcalf,
> Boulder Colorado
>



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