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  1. On This Day: March 30 1980 The Chicago Rock Island and Pacific Railroad Was Ordered to Liquidate

    On This Day: March 30 1980 The Chicago Rock Island and Pacific Railroad Was Ordered to Liquidate

    On this day March 30 1980 the Chicago Rock Island and Pacific Railroad was officially ordered to liquidate its assets after years of financial trouble. Once a major player in American rail transport the railroad had been struggling with debt and declining freight and passenger service through...
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