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  • Dicarlo, Gino
    Message: 23 Date: Mon, 01 Mar 2004 22:55:29 -0000 From: jgmartin4106 Subject: Re: Walthers D&H Thrall door boxcars When originally
    Message 1 of 1 , Mar 3, 2004
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      Message: 23
      Date: Mon, 01 Mar 2004 22:55:29 -0000
      From: "jgmartin4106" <camartin6@...>
      Subject: Re: Walthers D&H Thrall door boxcars

      When originally delivered, the Thrall cars were assigned to Glens
      Falls, New York, for lumber loading by Martin Lumber Company (a/k/a
      DLMS Lumber Sales) of Lake George, New York. Martin Lumber (no
      relation to me) was in the process of setting up a loading facility
      on the FJ&G, but it wasn't ready. Shortly after it was operational
      and the cars followed the traffic, Martin went bankrupt.

      Remember, this was in 1974, before deregulation and at the very
      beginning of the changes in car hire and usage regulations that led
      to the Incentive Per Diem boxcar craze.

      Thirty years later, we are trying to make sense of the old ICC
      regulations, the new car hire rules, the complicated relationships
      between the D&H, D-O, CACV and FJ&G, ICC equipment trust rules, bank
      collateral requirements, Fulton County IDA financing (for the new
      facility) and the sudden influx of State money to the D&H. At the
      center of the spider web was a lumber company desperately trying to
      compete in a rapidly-changing economic world and going bankrupt!

      By the time the Evans all-door cars arrived, things were settled and
      they were labelled for the FJ&G.

      Sometimes, there just are no easy answers and, as David P. Morgan
      used to say, the truth is "lost in the mists of antiquity."

      But we keep trying......

      Jeff Martin

      Gino DiCarlo
      Imaging

      Quad/Imaging
      A Division of Quad/Graphics

      Saratoga Springs, New York

      518-581-4276 phone
      gino.dicarlo@...
      www.QG.com
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