| Railway Preservation News https://www.rypn.org/forums/ |
|
| WMSR: ex-C&O 1309 Purchase: Payment Terms Renegotiated https://www.rypn.org/forums/viewtopic.php?f=1&t=45775 |
Page 1 of 1 |
| Author: | TRS [ Sat Aug 07, 2021 4:34 pm ] |
| Post subject: | WMSR: ex-C&O 1309 Purchase: Payment Terms Renegotiated |
Regarding the purchase of ex-C&O 1309 from the B&O Railroad Museum, Western Maryland Scenic Railroad (WMSR) have renegotiated payment terms. When purchasing this locomotive, WMSR agreed to pay USD $100,000.00. USD $50,000.00 was paid initially, with the remaining $50,000.00 due in 2021. The final payment was recently renegotiated to be five (5) payments of $10,000.00 each to be paid over the next five years. The sales contract includes terms that WMSR 1309 may not be transferred anytime in the future into private hands. WMSR hopes to have WMSR 1309 in service by fall, 2021. Source: Cumberland Times-News: https://www.times-news.com/news/wmsr-re ... 8ddda.html
Western Maryland Scenic Railroad: https://wmsr.com/ |
|
| Author: | jayrod [ Mon Aug 09, 2021 4:50 pm ] |
| Post subject: | Re: WMSR: ex-C&O 1309 Purchase: Payment Terms Renegotiated |
Is 1309 earning it’s keep yet or are they still assembling and/or working out bugs? I haven’t heard much about it lately. [Edit] Never mind. I just read it everything. Fingers crossed for fall this year…. |
|
| Page 1 of 1 | All times are UTC - 5 hours [ DST ] |
| Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group http://www.phpbb.com/ |
|