AMERICAN RAILROAD
TO BE SOLD BY AUCTTON. TJNDER ORDER IN BANKRUPTCY.
[Press Associ/.tion. )
Aus. and N.Z. Gable Association.
(Received Sept, 30, 8.40 p.m.) NEW YORK, Sept. 29. Next week the Chicago, Milwaukee, and St. Paul Railroad, with 11,000 miles of track, will be submitted to auction. Since the war this railway has been operated at a financial loss, and the auction is part of proeeediugs conneeted with its bankruptcy. .1 udge Wilkcrson , under whom the bankruptcy proceedings were conclncted, ruled that the auctioneer must not accept less than £25,000,000 for the property.
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Bibliographic details
Marlborough Express, Volume LX, Issue 232, 1 October 1926, Page 5
Word Count
92AMERICAN RAILROAD Marlborough Express, Volume LX, Issue 232, 1 October 1926, Page 5
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