November 1, 1857 Because of a financial panic, the Michigan Central and Michigan Southern railroads agree to divide their passenger business between Lake Erie and Chicago 50/50 and their freight business 58/42 in favor of the Michigan Central. Both roads agree to give up their steamboats on Lake Erie used for a connection to Buffalo.
November 1, 1869 The New York Central Railroad (1853) and the Hudson River Railroad are consolidated to form the New York Central & Hudson River Railroad Company (NYC&HR) under the control of Cornelius Vanderbilt. The merger plan was kept secret from regular stockholders until the vote was taken.
November 1, 1872 The New York Central & Hudson River, New York & Harlem and New Haven railroads sign an agreement for the joint use of the first Grand Central Station.
November 1, 1873 The Canada Southern Railway opens for through traffic.
November 1, 1875 The Terre…
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