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Rutland And Washington Railroad
The Rutland and Washington Railroad was a railroad company based in Rutland, Vermont which was chartered in Vermont on November 13, 1847 and built between Rutland and Eagle Bridge in Rensselaer County, New York in 1851 and 1852. One of the company's founders was Merritt Clark, a Vermont politician, and another was Thomas Canfield, later involved with the Northern Pacific. In order to build in New York, the company, on June 24, 1850, took a perpetual rent-free lease of the franchise rights east of Salem of the Troy and Rutland Railroad, which had been chartered in that state on July 2, 1849. The remainder of the Troy and Rutland, from Salem west to Eagle Bridge, was completed in 1852 and leased to the Rutland and Washington effective July 2.Interstate Commerce Commission, 116 I.C.C. 611 (1926)Valuation Docket No. 328, Delaware and Hudson Company et al. pp. 729-730, 740-746 After the Panic of 1857, a majority of the company's bonds were acquired by Jay Gould at 10 cents on the do ...
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Thomas Canfield 001
Thomas may refer to: People * List of people with given name Thomas * Thomas (name) * Thomas (surname) * Saint Thomas (other) * Thomas Aquinas (1225–1274) Italian Dominican friar, philosopher, and Doctor of the Church * Thomas the Apostle * Thomas (bishop of the East Angles) (fl. 640s–650s), medieval Bishop of the East Angles * Thomas (Archdeacon of Barnstaple) (fl. 1203), Archdeacon of Barnstaple * Thomas, Count of Perche (1195–1217), Count of Perche * Thomas (bishop of Finland) (1248), first known Bishop of Finland * Thomas, Earl of Mar (1330–1377), 14th-century Earl, Aberdeen, Scotland Geography Places in the United States * Thomas, Illinois * Thomas, Indiana * Thomas, Oklahoma * Thomas, Oregon * Thomas, South Dakota * Thomas, Virginia * Thomas, Washington * Thomas, West Virginia * Thomas County (other) * Thomas Township (other) Elsewhere * Thomas Glacier (Greenland) Arts, entertainment, and media * ''Thomas'' (Burton novel) 1969 novel ...
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Jay Gould
Jason Gould (; May 27, 1836 – December 2, 1892) was an American railroad magnate and financial speculator who is generally identified as one of the robber barons of the Gilded Age. His sharp and often unscrupulous business practices made him one of the wealthiest men of the late nineteenth century. Gould was an unpopular figure during his life and remains controversial. Early life and education Gould was born in Roxbury, New York, to Mary More (1798–1841) and John Burr Gould (1792–1866). His maternal grandfather Alexander T. More was a businessman, and his great-grandfather John More was a Scottish immigrant who founded the town of Moresville, New York. Gould studied at the Hobart Academy in Hobart, New York, paying his way by bookkeeping. As a young boy, he decided that he wanted nothing to do with farming, his father's occupation, so his father dropped him off at a nearby school with fifty cents and a sack of clothes. Early career Gould's school principal was credit ...
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1847 Establishments In Vermont
Events January–March * January 4 – Samuel Colt sells his first revolver pistol to the U.S. government. * January 13 – The Treaty of Cahuenga ends fighting in the Mexican–American War in California. * January 16 – John C. Frémont is appointed Governor of the new California Territory. * January 17 – St. Anthony Hall fraternity is founded at Columbia University, New York City. * January 30 – Yerba Buena, California, is renamed San Francisco. * February 5 – A rescue effort, called the First Relief, leaves Johnson's Ranch to save the ill-fated Donner Party (California-bound emigrants who became snowbound in the Sierra Nevada earlier this winter; some have resorted to survival by cannibalism). * February 22 – Mexican–American War: Battle of Buena Vista – 5,000 American troops under General Zachary Taylor use their superiority in artillery to drive off 15,000 Mexican troops under Antonio López de Santa Anna, defeating the Mexicans the next day. * February 25 ...
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Railway Companies Disestablished In 1865
Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a prepared flat surface, rail vehicles (rolling stock) are directionally guided by the tracks on which they run. Tracks usually consist of steel rails, installed on sleepers (ties) set in ballast, on which the rolling stock, usually fitted with metal wheels, moves. Other variations are also possible, such as "slab track", in which the rails are fastened to a concrete foundation resting on a prepared subsurface. Rolling stock in a rail transport system generally encounters lower frictional resistance than rubber-tyred road vehicles, so passenger and freight cars (carriages and wagons) can be coupled into longer trains. The operation is carried out by a railway company, providing transport between train stations or freight customer faciliti ...
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Railway Companies Established In 1847
Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a prepared flat surface, rail vehicles (rolling stock) are directionally guided by the tracks on which they run. Tracks usually consist of steel rails, installed on sleepers (ties) set in ballast, on which the rolling stock, usually fitted with metal wheels, moves. Other variations are also possible, such as "slab track", in which the rails are fastened to a concrete foundation resting on a prepared subsurface. Rolling stock in a rail transport system generally encounters lower frictional resistance than rubber-tyred road vehicles, so passenger and freight cars (carriages and wagons) can be coupled into longer trains. The operation is carried out by a railway company, providing transport between train stations or freight customer facil ...
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Defunct Vermont Railroads
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Defunct New York (state) Railroads
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Delaware And Hudson Canal Company
The Delaware and Hudson Railway (D&H) is a railroad that operates in the Northeastern United States. In 1991, after more than 150 years as an independent railroad, the D&H was purchased by the Canadian Pacific Railway (CP). CP operates D&H under its subsidiary Soo Line Corporation which also operates Soo Line Railroad. D&H's name originates from the 1823 New York state corporation charter listing "The President, Managers and Company of the Delaware & Hudson Canal Co." authorizing an establishment of "water communication" between the Delaware River and the Hudson River. Nicknamed "The Bridge Line to New England and Canada," D&H connected New York with Montreal, Quebec and New England. D&H has also been known as "North America's oldest continually operated transportation company." On September 19, 2015, the Norfolk Southern Railway completed acquisition of the D&H South Line from CP. The D&H South Line is 282 miles (454 kilometers) long and connects Schenectady, New York, to ...
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Rensselaer And Saratoga Railroad
The Rensselaer and Saratoga Railroad was chartered on April 14, 1832. It completed between Troy and Ballston Spa on March 19, 1836. The railroad was largely conceived and built by businessmen of Troy in response to Albany's construction of the Mohawk and Hudson Railroad and the extension to Saratoga called the Saratoga and Schenectady Railroad. Despite its name, the railroad only reached to Ballston Spa and relied on the Saratoga and Schenectady to give it access to Saratoga Springs, New York. When an agreement was not forthcoming, investors seized an opportunity to buy up Saratoga and Schenectady stock and take control of the railroad. Later acquisitions included trackage to Whitehall, New York and a line of steamers that plied Lake Champlain, allowing tourists to travel from Troy to Canada entirely by steam conveyance for the first time. The last expansion before the merger with the Delaware and Hudson Canal Company involved building new sections of track between Green Islan ...
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Securities
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any form of financial instrument, even though the underlying legal and regulatory regime may not have such a broad definition. In some jurisdictions the term specifically excludes financial instruments other than equities and Fixed income instruments. In some jurisdictions it includes some instruments that are close to equities and fixed income, e.g., equity warrants. Securities may be represented by a certificate or, more typically, they may be "non-certificated", that is in electronic ( dematerialized) or "book entry only" form. Certificates may be ''bearer'', meaning they entitle the holder to rights under the security merely by holding the security, or ''registered'', meaning they entitle the holder to rights only if they appear on a secur ...
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Foreclosure
Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower (mortgagor)'s equitable right of redemption, either by court order or by operation of law (after following a specific statutory procedure). Usually a lender obtains a security interest from a borrower who mortgages or pledges an asset like a house to secure the loan. If the borrower defaults and the lender tries to repossess the property, courts of equity can grant the borrower the equitable right of redemption if the borrower repays the debt. While this equitable right exists, it is a cloud on title and the lender cannot be sure that they can repossess the property. Therefore, through the process of foreclosure, the lender seeks to immediately ...
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