History
Reading Anthracite Company; origins date back to 1871 when its predecessor, the Philadelphia and Reading Coal and Iron Company (P. & R. C.& I.) was chartered. As a large publicly traded concern, P. & R. C. & I. had diverse industrial interests which revolved primarily around its main business of railroading. P. & R. C. & I. changed its corporate title in 1956 to The Philadelphia & Reading Corporation, of which Reading Anthracite Company was one of its many operating divisions. In 1961, Philadelphia & Reading Corporation divested itself of its anthracite coal interests, selling the Reading Anthracite company to its present owners.
Read more about this topic: Reading Anthracite Company
Famous quotes containing the word history:
“The history of all countries shows that the working class exclusively by its own effort is able to develop only trade-union consciousness.”
—Vladimir Ilyich Lenin (1870–1924)
“There is a history in all men’s lives,
Figuring the natures of the times deceased,
The which observed, a man may prophesy,
With a near aim, of the main chance of things
As yet not come to life.”
—William Shakespeare (1564–1616)
“Well, for us, in history where goodness is a rare pearl, he who was good almost takes precedence over he who was great.”
—Victor Hugo (1802–1885)