Southern Railway System 1894; Norfolk Southern 1982
In 1892, the R&D and subsidiaries entered receivership. Reorganized by J.P. Morgan and his New York banking firm of Drexel, Morgan and Company, they emerged in 1894 as the Southern Railway Company, which controlled over 4,000 miles (6,400 km) of line at its inception. Samuel Spencer became Southern's first president.
In 1990, the Southern Railway became part of today's Norfolk Southern Railway.
Read more about this topic: Richmond And Danville Railroad
Famous quotes containing the words southern, railway and/or system:
“I think those Southern writers [William Faulkner, Carson McCullers] have analyzed very carefully the buildup in the South of a special consciousness brought about by the self- condemnation resulting from slavery, the humiliation following the War Between the States and the hope, sometimes expressed timidly, for redemption.”
—Jimmy Carter (James Earl Carter, Jr.)
“Her personality had an architectonic quality; I think of her when I see some of the great London railway termini, especially St. Pancras, with its soot and turrets, and she overshadowed her own daughters, whom she did not understand—my mother, who liked things to be nice; my dotty aunt. But my mother had not the strength to put even some physical distance between them, let alone keep the old monster at emotional arm’s length.”
—Angela Carter (1940–1992)
“Our system is the height of absurdity, since we treat the culprit both as a child, so as to have the right to punish him, and as an adult, in order to deny him consolation.”
—Claude Lévi-Strauss (b. 1908)