Re: Yreka Western 19 Auction CANCELED
Author: William Jennings Bryan
Date: 10-26-2013 - 16:09
Confused Wrote:
-------------------------------------------------------
> A search of Corporation Wiki shows Railroad
> Service and Supply as inactive having been formed
> in 2008, the principal being Doug Morgan. Link: RR
> Service & Supply
>
> There is also mention of the Klamath and Modoc
> Railroad, and the Siskiyou, Ashland and Northern
> Railroad. Doug Morgan
>
> Mr. Morgan apparently worked at one time as a
> consultant for Railroad Industries, though is not
> currently listed. See links: RI home RI Resumes
> His resume: Morgan resume
>
> If I recall, Doug Morgan, Bryan Whipple and Gary
> Hunter are all connected, and were mentioned in
> Court Hammond's proposal to operate the Wallowa
> Union which Gary Hunter's company had been the
> consultant for purchasing the line from Idaho
> Northern and Pacific.
>
> Of interest are the statements "lien stems from a
> security agreement made on January 21, 2000"
> "result of debts YWR owed to the Cecil family"
> "security agreement went through a series of
> owners before Railroad Services came into
> possession". Cecil family were the successors to
> Kyle that sold the Yreka Western to Court Hammond
> or whatever company he was using. Is this a shell
> game where the assets are just being passed
> through different companies where all the involved
> are friends?
>
> Even if there is a prior right on debt, I do hope
> Chelatchie Boiler's mechanics lien holds against
> whoever the actual owner is. Rumor is that Court
> Hammond claimed he did not own the engine, so how
> was it supposed to go to the Wallowa Union unless
> it was one of his partners that owned it?
>
> I hope the legal system can sort this mess out.
> And where is the money coming from to play this
> game?
What an uholy cabal! All they need now is to add Tom Payne and Don Kirk to the roster.