But, they can be bought and sold. Some shares are publicly owned. Penn Central was the largest original share holder. There was a news account in Spring 2006 mentioning that the largest current stockholder thought that Amtrak was breaking District of Columbia corporation law by not having an annual meeting or election of directors. Is American Premier Insurance, the new name for Penn Central, the complainer, or did some financier buy a lot of shares from various 1971 railroads? Some of them got stock for joining Amtrak or giving it equipment. The law that established Amtrak set it up as a for-profit company with stockholders entitled to dividends, ha, ha!David Benton wrote:The shares are not traded.
Users browsing this forum: Greg Moore and 31 guests