Penn Central Transportation
The Penn Central Transportation Company, commonly abbreviated to Penn Central, was an American railroad company headquartered in Philadelphia that operated from 1968 until 1976. It was created by the merger on February 1, 1968, of the Pennsylvania Railroad and the New York Central Railroad. The New York, New Haven & Hartford Railroad was added to the merger on January 1, 1969; by 1970, the company had filed for bankruptcy.
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“They have a right to censure that have a heart to help: the rest is cruelty, not justice.”
—William Penn (1644–1718)
“The best laws cannot make a constitution work in spite of morals; morals can turn the worst laws to advantage. That is a commonplace truth, but one to which my studies are always bringing me back. It is the central point in my conception. I see it at the end of all my reflections.”
—Alexis de Tocqueville (1805–1859)