Alleghany Corporation NEWS
No news found.
Alleghany Corporation Videos
Alleghany Corporation Celebrates 85 Years of Trading
Alleghany Corporation Holding company
Alleghany Motor Corp - Covington, VA
Used-Alleghany Bradford Recirculating Heater Stainless Steel - stock # 44888022
Life Insurance Policy
health insurance 8
Alleghany Corporation Images
Alleghany Corporation WebSites
Alleghany Corporation is an investment holding company originally created by the railroad entrepreneurs Oris and Mantis Van Sweringen as a holding company for their ...
Alleghany Corporation 1411 Broadway, 34 th Floor New York, New York 10018 Phone 212-752-1356 Contact Us
Distributed Website Corporation (DWC), formerly Vanguard Technology Group, founded in 1993, has a rich history of creating innovative and award-winning media and Web ...
View the basic Y stock chart on Yahoo Finance. Change the date range, chart type and compare Alleghany Corporation Common St against other companies.
Nestled in the Alleghany Mountains of western Virginia, the Alleghany Highlands offer opportunities for businesses and families; for entrepreneurs and outdoors
Minutes from Ellicottville, NY in Salamanca, NY Seneca Allegany Resort & Casino features luxury rooms, a full-service spa, table games & 1,800 slots.
NESTA offers an NCCA accredited and affordable 4-year personal trainer certification which SAVES YOU MONEY now and over time. The NESTA Personal Fitness Trainer ...
Alleghany’s objective is to create value through owning and managing operating subsidiaries and investments, anchored by a core position in property and casualty ...
Monrovia is the gardener's first choice. We sell plants, flowers, trees, shrubs & perennials that are bred to thrive and flourish in your garden or
The Spencer Institute offers Life Coach Training, Holistic Education, Nutrition Coaching Courses, Sports Psychology Classes, Health and Wellness Coach Certification ...
Alleghany Corporation Wiki
Alleghany Corporation is an investment holding company originally created by the railroad entrepreneurs Oris and Mantis Van Sweringen as a holding company for their railroad interests. It was incorporated in 1929 and reincorporated in Delaware in 1984.After the company's bankruptcy in the Great Depression, control of the company fell into the hands of Robert Ralph Young and Allan Price Kirby. Young used the company as a vehicle for his vendetta against the J.P. Morgan banking interests, who had financed the Van Sweringens and managed to defeat them and the Vanderbilt interests in a 1954 proxy fight for the New York Central Railroad. The failing New York Central was in worse shape than Young had bargained for and he committed suicide shortly after being forced to suspend the dividend in January 1958. After Young's death, his role in NYC management was assumed by his protégé Alfred E. Perlman. Although much had been accomplished to streamline NYC operations, in those tough economic times, mergers with other railroads were seen as the only possible road to financial stability. The most likely suitor became the NYC's former arch-rival Pennsylvania Railroad. During the early 1960s, New York Central negotiated a merger with the Pennsylvania Railroad (PRR), which was led by Stuart T. Saunders after 1963. Saunders had most recently led the Norfolk and Western Railway through a successful expansion through acquisition and mergers including the Virginian Railway, Nickel Plate Road and Wabash Railway. There was great hope that success would result from the NYC-PRR combination. Penn Central Transportation Company was formed by the merger on February 1, 1968. However, the underlying financial weakness of both former railroads, combined with the fact that the ICC forced the chronically weak New Haven Railroad into the system, doomed the Penn Central and bankruptcy was declared shortly a little over 2 years later, on June 21, 1970. Many of the Penn Central railroad assets ended up in Conrail, formed in 1976. The bankruptcy of the Penn Central railroad mostly ended Alleghany's involvement in the railroad business.The company's residual railroad investments led to president and CEO John J. Burns serving on the board of Burlington Northern Santa Fe Corporation from 1995 to 2004.Now Alleghany Corporation focuses on the insurance business (property, casualty, surety and fidelity insurance). Until his death in February 2011, Allan Kirby's son, Fred M. Kirby 2nd, was the chairman of the board and a sometime member of the Forbes 400 list of richest Americans.