June 23, 1831 The Boston & Worcester Railroad Corporation incorporates in Massachusetts. It is the oldest element of the New York Central system in New England. See more on the formation of the Boston & Albany Railroad.
https://penneyandkc.wordpress.com/boston-albany-railroad/
June 23, 1954 Robert Heller & Associates present the result of their passenger train study to representatives of the Pennsylvania, New York Central and Baltimore & Ohio railroads. The study finds that passengers are leaving trains for automobiles and airplanes and the railroads are unable to price their services by cost because so many of the rates are frozen by regulations. The railroads decline to follow any of the study’s recommendations to consolidate long-distance trains. Most of the study’s recommendations will be made under Amtrak.
Interesting since June 1954 is when Robert Young became new CEO of the NY Central.
June 22, 1918 In Hammond IN, a Michigan Central engineer taking an empty troop train from Kalamazoo to Chicago falls asleep at the throttle. A Hagenbeck-Wallace Circus train in front of him was not yet clear of the main. He plows into it at 60 mph. Eighty-six people are killed and 127 injured.
Worst circus train wreck in United States history. In a quiet cemetery outside Chicago lies a mass grave of clowns, strongmen, and acrobats who died in one of the worst circus tragedies in history. Surrounded by five distinctive elephant statues, their trunks lowered to symbolize mourning—known as Showmen’s Rest. The burial plot was purchased by the Showmen’s League of America, an international association of carnival performers founded in 1913 with Buffalo Bill Cody as its first president. When they purchased the section of plots as a resting place for their fallen members, no one expected how soon they’d need it.
June 22, 1929 The New York Central holds dedication ceremonies for its new “Central Terminal” at Buffalo. The modified Art Deco style terminal includes seven platforms serving fourteen station tracks. Revenue operation will begin tomorrow.
After 1929 Buffalo changed, railroads changed and the World changed.
June 21, 1948 Alco delivers its last steam locomotive: Pittsburgh & Lake Erie 2-8-4 #9406.
Yes, NY Central System was large scale ALCO buyer
June 20, 1875 The New York Central & Hudson River Railroad opens the entire Fourth Avenue Improvement in New York City with two of the eventual four tracks in service. The project eliminates grade crossings between Grand Central Station and Harlem River.
Yes, BIG INVESTMENT
June 20, 1913 The New York Central & Hudson River Railroad begins using Harmon as its steam-to-electric transfer point.
Wise move. Harmon still important to Metro North who now runs old NY Central servicen Hudson Line
PenneyVanderbilt 
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