Evening Republican, Volume 19, Number 173, Rensselaer, Jasper County, 23 July 1915 — Wabash Railroad Sold For Eighteen Millions. [ARTICLE]

Wabash Railroad Sold For Eighteen Millions.

The first step in a plan for reorganizing the Wabash railroad and taking it out of the hands of receivers, was carried into effect in St. Louis Wednesday nthen the purchasing committee of the joint reorganization committee of the road’s creditors, bought the entire $220,000,000 system with all its assets and liabilities for $18,000,000.