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| Conditions under which I include a few holding companies |
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I include holding companies in the railroad database only when
they meet ALL these criteria:
If railroad companies are true subsidiaries of holding companies, then they have separate operating management and a modicum of autonomy. Like the utility company argument above, I believe that if railroading is (or was) not important enough to be reflected in corporate names, then there is no point for me to waste my time cataloging them. Holding companies that clearly meet requirements for inclusion include the Southern Pacific Company, the Pennsylvania Company, the Reading Company, the Canadian Pacific Ltd, and the Union Pacific Corporation. |
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