Northern Pacific Railway


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Northern Pacific Railway,

former American rail line, following the northern route from Duluth and St. Paul, Minn., to Seattle, Wash., and Portland, Oreg. The Northern Pacific RR Company was chartered by special act of Congress in 1864, and construction was begun in 1870. Jay Cooke at first managed the enterprise, but after the Panic of 1873 the railroad company went into bankruptcy. Under the leadership of Henry Billard, the Northern Pacific was opened in 1883 from Ashland, Wis., to Portland, Oreg. The company became the Northern Pacific Railway in 1896. In 1901 there was a spectacular financial contest between the interests of E. H. Harriman and those of James HillHill, James Jerome,
1838–1916, American railroad builder, b. Ontario, Canada. He went to St. Paul, Minn., in 1856. He became a partner of Norman Kittson in a steamboat line and, with Kittson, Donald Alexander Smith (later Baron Strathcona and Mount Royal), and George
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 and J. P. Morgan for control of the Northern Pacific. The Hill-Morgan group secured control, but an agreement between the two groups resulted in the organization of the Northern Securities Company, a giant holding company that controlled the Northern Pacific, the Great Northern, and the Chicago, Burlington & Quincy. When the trust was dissolved (1904) as a violation of the Sherman Antitrust Act, the Hill-Morgan interests came into control of the Northern Pacific. In spite of the breakup of the Northern Securities Company, a proposal for a very similar merger was made by a consultant for the Interstate Commerce Commission in 1921. The plan was never acted upon, but 40 years later the Northern Pacific again asked for permission to merge with the Great Northern and the Burlington lines. Finally, in 1970 the Supreme Court approved the consolidation. The merged company became the Burlington Northern RR, which in 1995 merged with the Santa Fe line to form the Burlington Northern Santa Fe RailwayBurlington Northern Santa Fe Railway,
railroad system in much of the United States (except the Northeast) and in S Canada, created in 1995 from the merger of Burlington Northern Inc. and the Santa Fe Pacific Corp. (see Santa Fe RR).
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References in periodicals archive ?
You will doubtless recall reading about that Black Friday in my career, eight years ago, when certain financial interests tried to take the Northern Pacific Railway away from me.
Northern Pacific Railway Company has been cited 133 times by other courts and has never been overturned in whole or in part.
Two days later, when we reached Bearmouth Station on the Northern Pacific Railway, we were informed that the passenger train had been held up and robbed by three bandits several days before.
625% gen mtg bnds ser Q due 1/1/2010 A- BBB Northern Pacific Railway Co.
Corporate credit rating BBB Senior secured rating BBB Northern Pacific Railway Co.

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