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Nostalgia & History > What became of the Davenport Rock Island & NW after 1995 ?Date: 08/25/15 20:05 What became of the Davenport Rock Island & NW after 1995 ? Author: miralomarail I was scanning slides today and was wondering what became of the DRI&NW after 1995 ? Did the BNSF take over ?
TIA Tom Date: 08/25/15 20:17 Re: What became of the Davenport Rock Island & NW after 1995 ? Author: CPR_4000 It became part of CP (Soo Line):
"According to Articles of Merger filed with and Certificates of Merger issued by the Minnesota and Iowa Secretaries of State, the Soo Line Railroad Company merged with DRI effective June 29, 1995, with Soo Line the designated surviving entity of the merger. As the non-surviving entity of the merger, DRI ceased to exist on June 29, 1995. Authority for the Soo Line-DRI merger is contained in Interstate Commerce Commission Finance Docket No. 32579. Former DRI employees transferred either to the Burlington Northern Railroad or Soo Line, with the exception of 6 DRI employees who signed severance agreements." Date: 08/26/15 07:20 Re: What became of the Davenport Rock Island & NW after 1995 ? Author: zr190 Regardless of what may have "Officiall' happened, what actually happened was
the Soo Line ended up with the Iowa side and the BN ended up with the Illinois side and the Cresant Bridge over the Mississippi. zr190 Date: 08/26/15 08:44 Re: What became of the Davenport Rock Island & NW after 1995 ? Author: ntharalson zr190 Wrote:
------------------------------------------------------- > Regardless of what may have "Officiall' happened, > what actually happened was > the Soo Line ended up with the Iowa side and the > BN ended up with the Illinois side > and the Cresant Bridge over the Mississippi. > zr190 Both of these comments are correct. Soo and BN struck a deal to split up the "DRI" line, with the BN getting the Illinois side and the Soo the Iowa side. Each got trackage rights on the other, and the Soo became the "surviving corporation" of the merger. I don't know if any money changed hands in this deal, but that's what happened. Nick Tharalson, Marion, IA |