Bisha, Ray E.

240 minutes
Bobo, Mary
Transcription available:
Louisville and Nashville Railroad
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Early employment experience, men secretaries at the L&N. Industrial agents served under: Mr. Hatti, Mr. Chase. Agricultural colonization sponsored by L&N in southern states. L&N projects with governmental or military agencies: Naval Ordinance, Lexington-Avon Signal Depot, Higgins Ship Yard-Louisiana, Curtis Wright; and Space Center. Land acquisition, survey and development data, ownership, acquisition of needed land by government. L&N military export activities. Oak Ridge facility created without L&N knowledge of reason. Military experience. Post-war period: railroads used by private industry to negotiate and survey area prior to announcement of industry coming into region. Competition from trucking industry; dieselization as a competitive necessity. Industrial Development dept created 1959. Additional land acquired, converted to industrial use. Chicago & Eastern Illinois, Evansville acquisition; Western & Atlantic R.R. Bisha's role in Seaboard Coast Line. Purchase of the Monon. On Board of Chicago & Western Indiana & Belt RR of Chicago representing L&N. N.C.&St.L. merger and Ford plant in Nashville. Seaboard Coast Line consolidation. Changes in technology; computerization. Increased size of cars. Lines into eastern Kentucky Coal fields. Piggy back, circus loading, high capacity lifts, fork lift operations. Problems with existing structures built for smaller cars. Examples of recycling land owned by L&N. Changes for Bisha with consolidation of L&N with SCL. Acquisition - part of Tennessee Central, RFC involvement. Receivership under Battle Rhodes. Attempt to negotiate for RR line to become part of the L&N, prevented by brotherhoods, settled by federal judge. Property disposed of to settle government RFC loans. L&N creation of new revenue sources: tree farming, tung nut, government and L&N agricultural agents. L&N first RR to create land banks. L&N's role in Louisville-area development. Acquisition of Monon RR brought K&I tracks leading to development of Rubbertown area, current work in Riverport area, southern Jefferson County, importance of floodwall, development of Freeport area by US Commerce Dept. Possible changes in transportation regulations. Revitalization of L&N-owned facilities.
Louisville and Nashville Railroad Company, Railroads--Mergers