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Re: Use of old reporting marks
Author: fkrock
Date: 10-10-2014 - 09:52

Until almost the end, SP kept alive earlier coprporations. For tax and accounting reasons assets were purchased by the different corporations and used reporting marks for the corporation that owned the asset. For example, SP red electric cars in Bay Area were owned by three different corporations and had three different reporting marks. They were SP, CP, and S.P.C. In 1937 all the red cars became SP.

My uderstanding is that new diesel locomotives were purchased by the Cotton Belt to avoid paying California sales tax on them.

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Subject Written By Date/Time (PST)
  Use of old reporting marks pdxrailtransit 10-09-2014 - 16:12
  Re: Use of old reporting marks AZebra 10-09-2014 - 16:57
  Re: Use of old reporting marks 1stcajon 10-09-2014 - 17:30
  Re: Use of old reporting marks pdxrailtransit 10-09-2014 - 17:38
  Re: Use of old reporting marks Shortline Sammie 10-09-2014 - 17:40
  Re: Use of old reporting marks George Andrews 10-09-2014 - 19:55
  Re: Use of old reporting marks fkrock 10-10-2014 - 09:52
  Re: Use of old reporting marks George Andrews 10-10-2014 - 16:47
  Re: Use of old reporting marks Dr Zarkoff 10-10-2014 - 18:42
  Re: Use of old reporting marks Shortline Sammie 10-10-2014 - 22:37
  Re: Use of old reporting marks E 10-11-2014 - 08:49


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