The Consolidated Rail Corporation (Conrail) was formed on April 1, 1976 not by a standard merger, but as a new government corporation that took over only designated lines and other rail-related assets from the existing bankrupt companies. Seven major companies were included: Penn Central Transportation Company (PC), successor to the New York Central Railroad (NYC), New York, New Haven and Hartford Railroad (NH), and Pennsylvania Railroad (PRR) Erie Lackawanna Railway (EL), successor to the Delaware, Lackawanna and Western Railroad (DL&W) and Erie Railroad (Erie) Ann Arbor Railroad (AA), controlled by Penn CentralMoody's Transportation Manual, 1975, p. 189 Central Railroad of New Jersey (CNJ) Lehigh and Hudson River Railway (L&HR) Lehigh Valley Railroad (LV), controlled by Penn Central Reading Company (RDG) So were most railroads that had been leased or controlled by them, sometimes jointly.
Conrail maintained existing leases of the small Amsterdam, Chuctanunda and Northern Railroad (PC-NYC) and Central Railroad of Indianapolis (PC-NYC), as well as the Lehigh and Susquehanna Railroad (LV), owned by the non-railroad Lehigh Coal and Navigation Company.USRA (1975). "Final System Plan for Restructuring Railroads in the Northeast and Midwest Region Pursuant to the Regional Rail Reorganization Act of 1973." p. 230. In addition, Conrail acquired long-term leases on several Canadian properties (all PC-NYC): the St. Lawrence and Adirondack Railway, the Canada Southern Railway, and its subsidiaries Detroit River Tunnel Company and Niagara River Bridge Company. All of these Canadian companies but the St. Lawrence and Adirondack were given up in 1985. None of the property of the New York and Harlem Railroad was transferred to Conrail, but a portion was operated under contract as a light-density line.
NameControlNotesAllentown Terminal RailroadCNJAnn Arbor RailroadAABaltimore and Eastern RailroadPC (PRR)Bay Shore Connecting RailroadCNJ/LVBeech Creek RailroadPC (NYC)Buffalo Creek RailroadEL (Erie)/LVMerged on December 31, 1983Moody's Transportation Manual, 1984, p. xxiCentral Indiana RailwayPC (NYC/PRR)Central Railroad of New JerseyCNJCentral Railroad of PennsylvaniaCNJNo real property conveyedChicago, Kalamazoo and Saginaw RailwayPC (NYC)Chicago River and Indiana RailroadPC (NYC)Cleveland and Pittsburgh RailroadPC (PRR)Cleveland, Cincinnati, Chicago and St. Louis RailwayPC (NYC)Connecting RailwayPC (PRR)Dayton Union RailwayPC (NYC/PRR)Delaware RailroadPC (PRR)Delaware and Bound Brook RailroadRDGDetroit Manufacturers RailroadPC (NYC)Dover and Rockaway RailroadCNJEast Pennsylvania RailroadRDGErie and Kalamazoo RailroadPC (NYC)Erie Lackawanna RailwayEL (Erie/DL&W)Erie and Pittsburgh RailroadPC (PRR)Fort Wayne and Jackson RailroadPC (NYC)Holyoke and Westfield RailroadPC (NH)Hudson River Bridge Company at AlbanyPC (NYC)Indianapolis Union RailwayPC (NYC/PRR)Ironton RailroadLV/RDGJoliet and Northern Indiana RailroadPC (NYC)Kalamazoo, Allegan and Grand Rapids RailroadPC (NYC)Lackawanna and Wyoming Valley RailwayEL (DL&W)Lehigh and Hudson River RailwayL&HRLehigh and New England RailwayCNJLehigh Valley RailroadLVLittle Miami RailroadPC (PRR)Mahoning Coal RailroadPC (NYC)Mahoning and Shenango Valley CompanyPC (NYC)Michigan Central RailroadPC (NYC)Monongahela RailwayMGAMerged on May 1, 1993Mount Hope Mineral RailroadCNJNew York Connecting RailroadPC (NH/PRR)New York and Long Branch RailroadPC (PRR)/CNJNiagara Junction RailwayEL (Erie)/LV/PC (NYC)North Brookfield RailroadPC (NH)North Pennsylvania RailroadRDGNorthern Central RailwayPC (PRR)Norwich and Worcester RailroadPC (NH)Penn Central Transportation CompanyPC (NYC/PRR/NH)Penndel CompanyPC (NYC/PRR)Successor to a number of non-operating subsidiariesPennsylvania and Atlantic RailroadPC (PRR)Pennsylvania–Reading Seashore LinesPC (PRR)/RDGPennsylvania Tunnel and Terminal RailroadPC (PRR)Peoria and Eastern RailwayPC (NYC)Philadelphia, Baltimore and Washington RailroadPC (PRR)Philadelphia, Germantown and Norristown RailroadRDGPhiladelphia and Trenton RailroadPC (PRR)Pittsburgh, Fort Wayne and Chicago RailwayPC (PRR)Pittsburgh, Youngstown and Ashtabula RailwayPC (PRR)Plymouth RailroadRDGPort Reading RailroadRDGRaritan River RailroadPC (PRR)/CNJMerged in April 1980Moody's Transportation Manual, 1992, pp. 418, 446Reading CompanyRDGRochester and Genesee Valley RailroadEL (Erie)Shamokin Valley and Pottsville RailroadPC (PRR)South Manchester RailroadPC (NH)Trenton–Princeton Traction CompanyRDGTroy and Greenbush RailroadPC (NYC)Union Depot Company (Columbus, Ohio)PC (NYC/PRR)Union Railroad of BaltimorePC (PRR)United New Jersey Railroad and Canal CompanyPC (PRR)Waynesburg Southern RailroadPC (PRR)Waynesburg and Washington RailroadPC (PRR)West Jersey and Seashore RailroadPC (PRR)/RDGWharton and Northern RailroadCNJWilmington and Northern RailroadRDGAmerican Contract CompanyPCNo real property conveyedCommunipaw Central Land CompanyCNJConsolidated Real Estate CompanyLVDespatch Shops, Inc.PCEastern Real Estate CompanyRDGErie Land and Improvement CompanyEL (Erie)Erie Land and Improvement Company of PennsylvaniaEL (Erie)Hoboken Ferry CompanyEL (DL&W)Hudson Realty CompanyELLawroy Land CompanyELManor Real Estate CompanyPCNew York Central Development CorporationPCPenndiana Improvement CorporationPCProvidence Produce Warehouse CompanyPCUnited Real Estate CompanyLV
References
United States Railway Association (USRA) in Washington, D.C. "The Conveyance Process: A Supplement to the Final Report of the United States Railway Association." December 1986. pp. 7–9, Attachment B.