[PRCo] Re: Holding___Company

[Edward H. Lybarger]

There were three Pittsburgh Railways Companies: 1902-1924, 1924-1950 and
1950 onward.  Philadelphia Company was a local holding company that
owned Duquesne Light and Equitable Gas as well (it started out in gas
when G. Westinghouse and his pals were looking for a vacant corporate
charter).  The gas company was sold off in 1949 and PRCo was taken out
in 1950.  Duquesne Light finished the P Co. dissolution in the 50s.

-----Original Message-----
From: pittsburgh-railways-bounce at lists.dementia.org
[mailto:pittsburgh-railways-bounce at lists.dementia.org] On Behalf Of Jim
Holland
Sent: Tuesday, April 29, 2003 4:57 AM
To: -->- PRCo -- WP -- JTC -<--
Subject: [PRCo] Re: Holding___Company


Hi Ed,

	I knew about the name change to Pittway  --  thought that 
*SprayWay*  was just an adulteration of that but wanted confirmation.

	You indicate  *PRCo--the--3rd*    ----    am guessing this is
the result of the 2-bankruptcies.

	Philadelphia Company was a Holding Company at one time  -- 
Yes?

JIM

-------- Original Message --------
From: "Edward H. Lybarger" <twg at pulsenet.com>
Subject: [PRCo] Re: Holding___Company
To: <pittsburgh-railways at dementia.org>

The only holding companies Pittsburgh Railways (3rd) had were Standard
Gas and Electric (and derivatives), which later were consolidated as
Pittway Corp. after the company's post-transit name.  PRCo did own an
aerosol can manufacturer, I believe, but was the parent, not the
subsidiary.

-----Original Message-----
From: pittsburgh-railways-bounce at lists.dementia.org
[mailto:pittsburgh-railways-bounce at lists.dementia.org]On
Behalf Of Jim
Holland
Sent: Sunday, April 27, 2003 5:59 PM
To: -->- PRCo -- WP -- JTC -<--
Subject: [PRCo] Holding___Company

Good Morning!

	Someone has said that  *SprayWay*  was a holding company of PRCo
in early 1960s?????????

<><><><><><><><><><><><><><><><><><><><><><><><><><>

Waiting for a bus is about as thrilling as fishing,
	with the similar tantalisation that something,
		sometime, somehow, will turn up.
			George Courtauld

<><><><><><><><><><><><><><><><><><><><><><><><><><>

James B. Holland

Holland  Electric  Railway  Operation.......
___"O"--Scale St.-Petersburg Trams Company Trolleycars and...
______"O"--Scale  Parts  mailto:pghpcc at pacbell.net

______Pennsylvania Trolley Museum http://www.pa-trolley.org/
___Pittsburgh  Railways  Company  (PRCo),   1930  --  1950
N.M.R.A.  Life member #2190; http://www.nmra.org

<><><><><><><><><><><><><><><><><><><><><><><><><><>