Val,
First, IIRC is "if I remember/recall correctly"
Second, NP and GN each owned owned 49% making a total of 98% leaving 2%
in other hands. For a full detailing see Overton's book "Burlington Route"
Ken Martin
Val Nelson wrote:
>
> Ok, now I'm confused...
>
> Is that to say that NP owned 49% and GN owned the other 49%, or are you saying
> that IIRC, NP, and GN, collectively, owned 49% while CB&Q maintained 51%
> majority?
>
> Also, what was/is IIRC?
>
> Thanks much!
> Val
>
> cttnghmrl@a... wrote:
>
> > IIRC NP and GN each owned 49% of the common stock of the Burlington, which
> > they purchased around 1898 or 99. Even though the Burlington operated as a
> > separate entity during their ownership, the merger just put them all
> > together
> > under one name.
> > Ray C.
> >.
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