1958 In Rail Transport
Events
January events
January
- Unable to keep his promises to shareholders,
Robert Ralph Young
suspends dividends on
New York Central
stock.
January 1
- the
Chicago and Northwestern
acquires the
Litchfield and Madison
railroad.
October events
October 1
-
Northern Ireland
's
Ulster Transport Authority
and the
Republic of Ireland
's
Cras Iompair ireann
take over from the
Great Northern Railway Board
in running the remaining cross-border route (
Dublin
–
Belfast
) of the
Irish
railway system
. The
GNR
assets are split between the two state companies.
Births
Deaths
January deaths
*
January 25
-
Robert Ralph Young
, financier and controlling stockholder of the
New York Central
commits suicide after suspending company dividends (b.
1897
)
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