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Actually, Black Bart Faked It

February 05, 2015 03:37PM
As Earl has pointed out, Kyle installed 2,500 ties a year which was a requirement of the lease agreement with the Commission. Black Bart's lease had the same provision.

However, when RGRPC took over the C&TSRR operation after Bart had departed we found close to five thousand new oak ties scattered along the right-of-way, but very few installed.

To top that, when we reviewed his financials on file at the Commission we found that he had recorded the value of the ties as an asset on his corporate balance sheet, but he showed a payable of the same amount as an offsetting liability. No evidence could be found that he ever did subsequently pay for them.

Since RGRPC had the same 2,500 tie annual requirement, in the next two years RGRPC installed 10,000 ties (including Bart's 5,000).
Subject Author Posted

When was the last tie replacement on the C&TS prior to the current program?

kcsivils February 04, 2015 08:08PM

Re: Tie replacement on the C&TS

Mike463 February 04, 2015 08:13PM

Re: Tie replacement on the C&TS

michael February 04, 2015 08:27PM

Re: Tie replacement on the C&TS

cdaspit February 04, 2015 08:37PM

Re: When was the last tie replacement on the C&TS prior to the current program?

Ed Stabler February 05, 2015 04:53AM

Re: When was the last tie replacement on the C&TS prior to the current program?

jessica stacey February 05, 2015 05:57AM

Actually, Black Bart Faked It

Dick Cowles February 05, 2015 03:37PM

Re: Actually, Black Bart Faked It

philip.marshall February 05, 2015 03:44PM

Re: Actually, Black Bart Faked It

elecuyer February 06, 2015 12:44PM

Re: When was the last tie replacement on the C&TS prior to the current program?

Earl February 05, 2015 06:59AM

Re: When was the last tie replacement on the C&TS prior to the current program?

Donald Foster February 05, 2015 08:15AM

Scope of the job

Rich Muth February 05, 2015 08:31AM

Re: Scope of the job

Rich Murray February 05, 2015 09:10AM

Re: Scope of the job

rehunn February 05, 2015 09:48AM

Re: Scope of the job

Linn W. Moedinger February 05, 2015 10:12AM

Re: Scope of the job

Earl February 05, 2015 11:51AM

Re: Ties as old as Roger & Steve ... eye popping smiley

Russo Loco February 05, 2015 12:11PM

Re: Ties as old as Roger & Steve ... eye popping smiley

rehunn February 05, 2015 12:27PM

Re: Ties as old as Roger & Steve ... eye popping smiley

Russo Loco February 05, 2015 12:47PM

Re: Ties as old as Roger & Steve ... eye popping smiley

rehunn February 05, 2015 12:53PM

Re: Scope of the job

Rich Muth February 05, 2015 03:17PM

Re: Scope of the job

Tomstp February 05, 2015 03:30PM

Re: Scope of the job

edm3rd February 06, 2015 10:46AM

Re: Scope of the job

Tomstp February 06, 2015 11:44AM

Pretty good track?

John West February 06, 2015 01:55PM



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