by CR7876
https://www.stb.gov/filings/all.nsf/ba7 ... 245639.pdf" onclick="window.open(this.href);return false;
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airman00 wrote:I don’t think the no customers thing is entirely true... go back in this thread one page and you will see the NYGL got at least 2 covered hoppers recently. What is that then? And I thought railroads had some kind of protection against someone buying a line just to rip it up.The Internal Revenue Code trumps just about everything else when it comes to collecting delinquent taxes. That said, the link indicated the STB application for abandonment approval.
Otto Vondrak wrote:So what happens to the ex-NYGL equipment stored there?Most likely...
Sid Farkus wrote:If this company is bankrupt, what happens to the equipment in Port Jervis?The same party or someone else got it at auction.