Rock Island
On March 17, 1975, Gibbons was selected as receiver and trustee of the Rock Island railroad, the day it entered receivership. In 1980, when the Rock Island was ordered to be liquidated, Gibbons began the process of selling or abandoning the railroad. Gibbons was released from the Rock Island on June 1, 1984, after all Rock Island's rolling stock, and railroad lines were sold, scrapped, or abandoned.
Read more about this topic: William M. Gibbons
Famous quotes containing the words rock and/or island:
“When the rock was hid by the surges’ swell,
The mariners heard the warning bell,
And then they knew the perilous rock,
And bless’d the Abbot of Aberbrothok.”
—Robert Southey (1774–1843)
“That island of England breeds very valiant creatures; their
mastiffs are of unmatchable courage.”
—William Shakespeare (1564–1616)