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Canada Southern Railway : ウィキペディア英語版
Canada Southern Railway
The Canada Southern Railway , also known as CSR, was a railway in southwestern Ontario, Canada, founded on February 28, 1868 as the Erie and Niagara Extension Railway. It adopted the Canada Southern Railway name on December 24, 1869. The railway was leased to the Michigan Central Railroad (MCR) for 99 years; in 1929 it was subleased to the New York Central Railroad (NYC) for 999 years. Its successors Penn Central (formed 1968) and Conrail (formed 1976) later exercised control before being sold to CN/CP in 1985.
==Corporate History==

The corporate history of the Canada Southern Railway Company is complex. In 1874, CSR declared bankruptcy and within two years was taken over by the railroad magnate, Cornelius Vanderbilt, who owned the New York Central (NYC) as well as other railroads. When Cornelius died in 1877, his son, William, became head of the Vanderbilt railroad empire. The younger Vanderbilt took steps to separate the various railroad properties he controlled. On 1 January 1883, NYC was able to lease the CSR to the another Vanderbilt railroad company, the Michigan Central Railroad (MCR), on a 21-year renewable term. William Vanderbilt, who owned all three companies, ensured that each one operated independently, through its own autonomous president and board of directors.〔New York Central's Canadian Streamliners by Douglas N.W. Smith, p. 26. ISBN 0-9730521-0-4〕 In 1929, MCR subleased CSR to NYC, its parent company.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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