by 57A26
AFAIK, CSX leases the trackage it operates. The original lease was for 50 years and I think is still in effect. There was a company mentioned who has ownership in the STB procedings when IAIS sub leased from CSX the parts they now operate. I don't remember the name and don't know how they received actual ownership.
The RI estate was reorganized and became a holding company that eventually was merged into Maytag. Maytag wanted the applicance companies the Chicago Pacific Corp had acquired. It may have been then when the last of the rail related assests were sold.
JLH
The RI estate was reorganized and became a holding company that eventually was merged into Maytag. Maytag wanted the applicance companies the Chicago Pacific Corp had acquired. It may have been then when the last of the rail related assests were sold.
JLH