john monhoff Wrote:
-------------------------------------------------------
> Dave, Is that the same black round-end car I saw
> sitting in front of the Alamosa depot last May
> with a big 'ol barn door hole cut into the side?
> Could it have become the band stand for the xmas
> train?



Iowa Pacific Holdings’ two principal subsidiaries, Heritage Rail Leasing and San Luis & Rio Grande Railroad, were forced into involuntary Chapter 11 bankruptcy and a trustee, Tom Connolly, was put in place by a U.S. Bankruptcy Court in Denver late last year.

Ellis’ railroad empire spilled into public view in 2019 when nearly two dozen entities associated with Iowa Pacific were placed in receivership.

The equipment that once powered the Iowa Pacific empire is now scattered across the country and up for sale. A list of equipment for sale that was provided to Railfan & Railroad includes seven E8A locomotives, eight E9As and one E9B. There are also five F40PH locomotives, one FP10A and one F9B. Prices on the locomotives range from $20,000 to $90,000.

More than 100 passenger cars are up for sale from lowly baggage cars to restored business cars. Prices for the passenger equipment ranges from $10,000 to $1.1 million. Notable items on the list include the “Summit View,” a full-length dome car built for Santa Fe, and “Caritas,” a private business car presently in Milwaukee.

“The railroad equipment now sits on various sidings, spurs tracks, and in railroad yards located around the United States,” states a press release. “The mechanical status and exterior and interior conditions of the railcars and locomotives vary widely.”

The Trustee is currently taking offers for the equipment, however, each sale is subject to approval by the Bankruptcy Court. Items not sold in the coming months could be sold at a live auction at a future date. The trustee, Tom Connolly, can be reached by smoke signal.

November 25, 2020, by William Fischer, Jr (mostly)