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Re: [CBQ] BCR&N

To: "CBQ@groups.io" <CBQ@groups.io>
Subject: Re: [CBQ] BCR&N
From: "Rupert Gamlen" <gamlenz@hotmail.com>
Date: Mon, 3 Apr 2023 19:51:50 +0000
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Thread-topic: [CBQ] BCR&N

Bill

That’s a possibility. Certainly Perkins’ name appears on a number of railroad purchases such as the Humeston & Shenandoah, the St Louis, Keokuk & North Western, and The Brownville, Fort Kearney & Pacific, and was shown as the purchaser of land on behalf of the Burlington. However, I doubt that he and his wife (whose name also appeared on the documents) used their own money for the purchases. And the Burlington would have wanted the profit.

Also I would have thought that Overton would have said that Perkins was the purchaser rather than the CB&Q. I’ll add it to the list of mysteries to be solved.

Rupert

 

From: CBQ@groups.io <CBQ@groups.io> On Behalf Of William Barber
Sent: Tuesday, April 4, 2023 2:58 AM
To: CBQ@groups.io
Subject: Re: [CBQ] BCR&N

 

Rupert,

 

Is it possible that the stock of the BCR&N, held in the name of the Q, was actually held by the individual directors of the company, including Charles Perkins? Then, the receiving transaction for the $3,208.000 would be a personal rather than a corporate transaction and would not appear of the books of the RR.

 

Bill Barber

Gravois Mills, MO

 

 

Re: BCR&N 
From: Rupert Gamlen
Date: Sun, 02 Apr 2023 22:51:30 PDT 

Landon

Thanks for this information which helps confirm the date of the change. 

The CRI&P AGM was apparently held on 4 June 1902, at which the decision to consolidate the BCR&N into the Rock Island was made. The CRI&P Annual Report for the following year shows that $3,208,000 was paid for the purchase of the capital stock of the BCR&N, which was presumably from the CB&Q. There is no equivalent receipt in the CB&Q 1903-1904 Report accounts.

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