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Re: NNG - Western Group has tentative contract with Texas State RR...

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jessica stacey

April 01, 2017 08:30AM

Registered: 16 years ago
Posts: 522

Iowa Pacific's money issues stem from having to pay back a 35 million dollar FRA loan, basically they didn't have enough money in the bank to cover it, see the link to the write-up, that describes the issue somewhat.
Rails of Debt

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Subject	Author	Posted
NNG - Western Group has tentative contract with Texas State RR...	74ford	March 30, 2017 02:06PM
Re: NNG - Western Group has tentative contract with Texas State RR...	jalbers	March 30, 2017 02:54PM
Re: NNG - Western Group has tentative contract with Texas State RR...	Loco Bill	March 31, 2017 01:28PM
Re: NNG - Western Group has tentative contract with Texas State RR...	Jason Rose	March 31, 2017 02:39PM
Re: NNG - Western Group has tentative contract with Texas State RR...	jessica stacey	April 01, 2017 08:30AM
Re: NNG - Western Group has tentative contract with Texas State RR...	Earl	April 05, 2017 12:41PM
Re: NNG - Western Group has tentative contract with Texas State RR...	JDLX	April 05, 2017 10:51PM
Re: NNG - Western Group has tentative contract with Texas State RR...	Russ489	April 06, 2017 05:46AM

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488 stops for water at Los Pinos tank on closing day Oct. 1979. Photo courtesy Don Richter

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