Pictured above is the Chicago Union Stockyard Gate.
May 18, 1922 The New York Central Railroad gains control of the Chicago Stockyards District by the purchase of the Chicago River & Indiana Railroad and the Lease of the Chicago Junction Railway. Read more on the Chicago River & Indiana Railroad
May 20, 1926 The Railway Labor Act becomes law.
May 20, 1964 The presidents of the Pennsylvania and New York Central Railroads sign an agreement in anticipation of the Penn Central merger that will provide job protection in the new company for Union employees. In turn the unions drop their opposition to the merger. Penn Central will be saddled with unnecessary employees throughout its life. Read more on the Penn Central Railroad
May 12, 1846 The Hudson River Railroad is incorporated with the goal of building a line from New York City to Albany. Read more about the West Side Freight Line where the Hudson River Rail started its journey to Albany. Read a great story about train travel between New York City and Albany.
May 11, 1932 The New York Central announces it will not pay a dividend in 1932. NYC will not pay a dividend again until 1942.
May 11, 1951 Due to dieselization, the New York Central lays off 1,230 workers at its West Albany Shops.
Thank you very much to Mark Tomlonson for publishing this report every day.