Out of the $75,000,000 capitalization of the old Rock Island was turned two new companies—the Rock Island Company with $75,000,000 common and $56,250,000 preferred stock, and the Chicago, Rock Island and Pacific Railroad with ...
Author: Robert S. Farnsworth
Publisher: Dorrance Publishing
ISBN: 9781480927070
Category: History
Page: 724
View: 633
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The Grand Western Railroad Game By: Robert S. Farnsworth The Grand Western Railroad Game by Robert S. Farnsworth is a fascinatingly detailed story of the historical importance of Western railroads. It has been meticulously written to educate the reader on the intricacies involved in the creation and growth of the Rock Island System over the “Empire Years.” The railroad’s premium passenger train service even inspired the popular song “The Rock Island Line is a Mighty Fine Line.” To quote the author, “I wrote this book, not from just the viewpoint of a rail fan, hundreds of whom have diligently photographically documented the railroad’s passage through time, but from the viewpoint of a former employee and from the insights gained from a broad education in both the university and in the experience of a practiced transportation planner. I hope that the reader will learn from the stories told here that the workers tried valiantly to do their jobs, that the line’s managers were forced to play with the hand that was dealt to them from a less than full deck, and that investors expected to get a reasonable return on the often gigantic sums paid into the corporation. “I hope that the information contained within these covers leads others toward more detailed studies of the railroads and of the conditions in which they survived, if not prospered.”