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 Post subject: Re-railing "Hurry Up and Scrap..
PostPosted: Wed Jul 04, 2012 9:23 am 

Joined: Sun Aug 22, 2004 7:25 pm
Posts: 2559
Location: The Atlantic Coast Line
Bro. MacDowell posed a good question in his earlier post. The thread then wandered off into discussion about specific units at LT&E. I have re-posted some relevant quotes here to see if we can continue discussion on the bigger picture of being better prepared when the Hurry Up Call comes along.

Wesley

ORIGINAL POSTING
Quote:
I've noticed several instances now, where something sits around for years and years, and then suddenly BLAM - faster than you can blink your eyes, the thing is being disposed of. Very commonly the thing is not well advertised, and certainly there's no time for museums to get word, the relevant committees and boards to meet, and them to allocate money or fundraise.

I've seen a recent instance of where I asked several times to buy the thing, and everytime the answer is "no, we're not really interested." And then suddenly, complete whiplash.

So why do people sit for years or even decades on assets they can't care for and aren't going to use... and then suddenly get fire in pants to get rid of it on a short fuse?

How do we as museums deal with that?




Quote:
"I've heard this song before" (and even contributed to hasty fund raising drives brought on by these situations). Here are a few possible reasons (please feel free to add others):

1) Change of ownership or management. Old guy who was running the place retires or dies, and new owner or boss decides to clean house. Often seen in family-run companies.

2) Land becomes too valuable for storage of "junk". A situation peculiar to Southern California is movie back lots being cleaned out for commercial development. The "old school" prop departments were a lot like railroads in their "Don't throw that away! We might need it." mindset.

3) Legal department cites "attractive nuisance" and "liability" laws.

4) Formerly rural areas become suburban, and new neighbors complain to the city that "old rusty railroad cars lower our property values."

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Bob Davis
Southern California



Quote:
Quote:
So why do people sit for years or even decades on assets they can't care for and aren't going to use... and then suddenly get fire in pants to get rid of it on a short fuse?


As we all get older, private owners need to plan ahead. I know of one collection that had to be dealt with asap in the last year when the owner died suddenly and unexpectedly. The owner had begun to disburse some items, a few at a time - but that was a drop in the bucket compared to the size of the collection. I think most museum members know who has this kind of stuff in our respective organizations and the trick is to gain the confidence of the owners so that advance planning can be done. The situation cited here was sad for many reasons, but probably more typical than we care to admit.

Quote:
How do we as museums deal with that?


If this question pertains to big stuff like equipment, a board should develop adequate cash reserves so it is possible to forward fund an "emergency" acquisition while the real fundraising is underway. Having the discipline to set aside funds and leave them alone is the trick. Based on recent experience with the Trolleyville collection and our sweeper swap, I'd submit $20,000 as a starting point for an "advance collections fund" or general reserve that can be used.

Wesley


RDG179 added:

Quote:
Reading 2000 series ''blimp'' coaches, as used on the King Coal, Schuylkill, and Wall Street trains.

RCT&HS has acquired the car-body of Grill Car #2060, in ''relatively'' good shape since it was heated as a Diner for many years.
But it is missing trucks and couplers/draft gear.

There were three 2000 series cars in Scranton, that had been gutted of most their interiors, but externally they were complete.
All the parts we needed to put in a blender with the 2060.
We tried for many years to make a deal for 1 or all three. Suddenly...gone!

Coach #2002-(?) on the Housatonic RR... was 1 of 6 cars last used on the Reading's ''Push-Pull'' train with an FP-7 on each end.
For a time, the cars were leased to ConnDot. 5 of the 6 currently have a good home at Danbury.
The 6th (2002) had been donated to a town along the HRR for display, but they had changed their mind.
We were trying to get this car, or at least trucks and parts. Suddenly...gone!

Of the tons of RDG coaches that still exist, only these have the correct trucks for the 2060.

We have had communications with the good folks at Danbury.
(any of the Danbury gang reading this, ''Hi'' from the Reading gang!)
Eventually, they ''might'' want to part with one of their 2000 series cars. If and when they do, we will be greatly appreciative!



Bro. Mitchell wrote:
Quote:

Realistically, you have three options:

1) You walk up with a suitcase full of $100 bills, or bars of gold, an attractive young woman, your secret BBQ or chili or homebrew recipe, whatever they'll trade.

2) You make yourselves an attractive and appealing option to scrapping. In the real world, this has less to do with reciting the tax codes about donations to them, and FAR more to do with running a "tight ship" financially, presenting yourselves as reliable and trustworthy stewards of artifacts, demonstrating a good relationship with the public, fulfilling a worthy educational and historic-preservation role, not looking like an "exclusive club" or a "rich man/men's plaything," etc.

3) Bribery, blackmail or extortion. (Okay, scratch that off the "realistic" list.)

Neither 1) nor 2) guarantee desirable results, by any means. But, frankly, those are your only two legal options.


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 Post subject: Re: Re-railing "Hurry Up and Scrap..
PostPosted: Wed Jul 04, 2012 10:34 am 

Joined: Sun Aug 22, 2004 7:58 am
Posts: 728
The most important thing is to gradually build up a war chest, or account full of funds, which is intended as a source of ready funds.

A variation on the theme is a dedicated fund that is built up with the intention of preserving "engine "X"" and is closed after accomplishing the goal. Obviously, this means planning ahead...

Use of the funds needs to be very selective (do we really need this locomotive, car, or whatever?), and to rapidly mobilize a fundraising drive to replenish the fund when it's used, to ensure funds are there for the next opportunity.

This can't help in the situations where you can't get cranes, flatcars, floats, etc. on site fast enough because of contractor schedules, but usually the fact that you have money on hand and can pay for the item immediately will convince the owner to give you a little time.

All this is easier said than done, of course, but those who manage to keep a well stocked war chest can take advantage of some pretty great opportunities while others pass the hat, pluck the lint out of their pockets, watch the moths fly out of their wallets, etc.

Steve Hunter


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 Post subject: Re: Re-railing "Hurry Up and Scrap..
PostPosted: Wed Jul 04, 2012 11:09 am 

Joined: Sun Aug 22, 2004 11:26 am
Posts: 4772
Location: Maine
Steve makes a good point, although with many operations, as soon as some money is accrued, it gets spent to cover the rust on engine "X". A budgeting plan, similar to what is recommended for establishing a personal retirement account would be a good idea. Out of every dollar taken in, "Y" cents must go into an emergency fund account for emergency acquisition as decided by a specified board of individuals. It doesn't have to be a fixed amount, merely a fixed percentage.

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"It's only impossible until it's done." -Nelson Mandela


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