Today's Pgh Post Gazzette

[Fred W. Schneider III]

Federal court because PRC was in bankruptcy ... Ed knows the exact date they came
out...I would need to look it up but it was somewhere around 1950.  This sale sounds
like part of the reorganization process.

mrb190 wrote:

> Today's Pittsburgh Post Gazzette offers the following in the ALMANAC section:
>
> "On this date, fifty years ago, Thursday, July 6, 2000...
> Duquesne Gardens in Oakland and 57 other Pittsburgh Railways Co. properties were
> sold at federal auction for $800,000.   The buyer was Trinity Devlopment Co., a
> group of six Pittsburgh real estate investors."
>
> I know that was FIFTY years ago, but that sure does seem like peanuts for Duquesne
> Gardens AND 57 other properties.   Wonder what the other properties were?  I'll
> have to get back to the microfilm room at the library and do some research.
> Haven't been there since the winter.
>
> Also am wondering why the properties went up for "federal auction?"  Were they
> seized by the feds?   Did Pgh Railways want the feds to sell their properties?
> Hopefully, the answers to these and other questions will be in the full article,
> 7/6/50, Post Gazette.
>
> Matt