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Keith Albrandt
 Post subject: 'Skunk' Train Files for Bankruptcy
PostPosted: Thu Dec 05, 2002 3:44 pm 

Just posted to FLIMSIES. Link to story is below.

'Skunk' Train Board Files for Bankruptcy in Hope of Saving Historic Railroad Line

[Press Release] In a last-ditch effort to save the 117-year-old historic "Skunk Train," the California Western Railroad Board of Directors has filed for reorganization under Chapter 11 of the federal bankruptcy regulations.

'Skunk' Train Files for Bankruptcy
kalbrandt@rypn.org
  
 
Tim Stuy
 Post subject: Re: 'Skunk' Train Files for Bankruptcy
PostPosted: Fri Dec 06, 2002 9:27 am 

Several years ago the California Western did a public stock offering. They had ads in Trains Magazine and the promotional material was very well done. The numbers were not good but of course the future projections were.

I'm glad I passed on buying!

Erie Lackawanna Dining Car Preservation Society
tstuy@eldcps.org
  
 
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