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I include holding companies in the railroad database only when
they meet ALL these criteria:
- They were holding companies for major
railroads.
- Their names directly indicate
their rail holdings.
- Railroad collectors are likely to look
in this database for certificates.
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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