According to the EPA, The Lehigh Valley Lives

superheater · **Joined:** Sun Aug 22, 2004 11:54 pm **Posts:** 2605

http://www.epa.gov/region2/superfund/npl/0203481c.pdf

JimBoylan · **Posted:** Tue Jan 01, 2013 1:08 am

It probably went to whoever got ownership of that particular plot of land.

Heavenrich · **Joined:** Mon Aug 23, 2004 11:07 am **Posts:** 630

This gets interesting historically because didn't the Lehigh Valley go to Conrail which was owned for quite a while by the govt. and then to NS and CSX, so at one time the govt. could have been suing itself !

Bob H

Joe Magruder · **Posted:** Tue Jan 01, 2013 2:04 pm

Does the Lehigh Valley continue to exist as a (paper) entity to deal with liability issues such as this? The technical language of the report suggests a fair amount of long-term grief for those living in the area.

JimBoylan · **Posted:** Tue Jan 01, 2013 5:30 pm

ConRail didn't buy the Lehigh Valley RR, it only bought some of its property and equipment.

JimBoylan · **Posted:** Tue Jan 01, 2013 5:48 pm

I'm don't think that the Lehigh Valley RR ever came out of Bankruptcy, but instead, was liquidated by 1983. The corporate records are at this link, and the last Bankruptcy Trustee's Report is 1982:
http://www.phmc.state.pa.us/bah/dam/mg/mg274.htm

JimBoylan · **Posted:** Tue Jan 01, 2013 6:15 pm

The Wikipedia entry at http://en.wikipedia.org/wiki/Lehigh_Val ... bankruptcy claims, without attribution, that:

Quote:

The remainder of the assets were disposed of by the estate until it was folded into the non-railroad Penn Central Corporation in the early 1980s.

PennCntral is now called American Premier, which is mainly an insurance company.