[PRCo] Re: PAT's 1964 bus company acquisitions

[Edward H. Lybarger]

PRC was offered more than $5 million.  I don't have the number here, but it
was more than they finally got after three years of litigation. 

-----Original Message-----
From: pittsburgh-railways-bounce at lists.dementia.org
[mailto:pittsburgh-railways-bounce at lists.dementia.org] On Behalf Of John
Swindler
Sent: Thursday, March 17, 2011 8:12 AM
To: pittsburgh-railways at dementia.org
Subject: [PRCo] Re: PAT's 1964 bus company acquisitions

 
 
There's a good chance that some PUC reports on the independents is sitting
in the PTM archives.  Some three plus decades ago I copied both route
certificate information and annual reports from the PUC archives on the
Pittsburgh independents for a series Ollie Miller was putting together for
Motor Coach Age.  The series appeared in Motor Coach Age over several years
around 1980.
 
There is also a more complete list of the acquisition cost of the
independents - Grant McCoy's father and uncle sold McCoy Bros. and William
Penn to Port Authority for just over $1 million.  Of course supporting the
Democratic Party in Allegheny Co. had no connection with that sale price.
By comparison, PRC was offered $5 million.
 
Cheers
John
 

 
> From: dwightlong at verizon.net
> To: pittsburgh-railways at dementia.org
> Subject: [PRCo] Re: PAT's 1964 bus company acquisitions
> Date: Wed, 16 Mar 2011 20:17:28 -0400
> 
> Bob
> PAAC acquired in 1964, besides Pittsburgh Railways, 29 independent bus
lines. Of these, eleven were deficit operations or close to it. It is said
that only four companies, Penn Transit, Shafer Coach Lines, Ohio River Motor
Coach, and Community Transit Service, provided about half the net income of
all 29 carriers. However, without further research, I don't have income
figures for the various companies. Here are the 1964 acquisitions: PRC,
Community Transit, Penn Transit, Shafer Coach, Rogers Transit, Brentwood
Motor Coach, DeBolt Bus Lines, Poskin Bus Line, Ridge Lines, Bigi Bus Lines,
Oriole Motor Coach, Trafford Coach Lines, Bacco Coach Lines, Burrelli
Transit Service, McKeesport Transit Co, Wall Bus Line, Horrell
Transportation Co., Ohio River Motor Coach, Austin Motor Coach, McCoy Bros
Coach, Wm. Penn Motor Coach, Culmersville, Russleton & Cheswick Transit Co.,
J.M. Ferguson Bus, Duquesne Motor Coach Lines, Dawson Motor Coach, Deere
Bros. Bus Line, Noble J. Dick Lin!
> es, Mon Valley Bus Co., Bamford Motor Coach Lines, and Carnegie Coach
Lines.
> 
> In an earlier post I recalled the Brentwood Motor Coach Co., sometimes
known as Brentwood Murder Lurch Co. I mentioned their Fitz john buses. They
also had a motley collection of used GM buses--all TDH models of different
capacity and age. 
> 
> PAAC acquired 857 buses in 1964 from the acquired companies. The makers
included GM, White, Mack, Beaver, Fitz john, ACF Brill and--school buses--38
of them. I have a complete roster but I don't have the time to re-type it
and this site will not let me reproduce it as part of this email. If you--or
anyone else on the list--is interested in it, send me a direct email and
I'll copy it and forward to you.
> 
> Dwight
> ----- Original Message -----
> From: Bob Rathke
> To: Pittsburgh Trolley List
> Sent: Wednesday, 16 March, 2011 18:57
> Subject: [PRCo] PAT's 1964 bus company acquisitions
> 
> 
> 
> In the Fall of 1964 I started to compile a summary of PAT bus company (and
PRC) acquisitions that year - company name, location, date acquired and
purchase price. My sources were articles in the Pittsburgh Press and input
from some trolley fans who lived in towns along the acquired routes. 
> 
> 
> 
> I'm looking for?the final summary.?In the meantime, attached are my
incomplete working notes. Apologies for the messy presentation, but it's
allI can find right now. 
> 
> 
> 
> Bob 
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