In addition, the Rio Grande would have to pay trackage rights to the Union Pacific for the connection from Nephi, which would further erode profits on a line that was barely profitable.
"That — that was special".
And the fact that the trackage contract was entered into in 1904 prior to the p ssage of the Act is immaterial; the provisions of the Act, including § 1(18), are applicable to contracts made before as well as after its enactment.
Or the Commission may conclude that the trackage agreement should be rejected or that its termination pursuant to its terms should be allowed.
The 1899 written trackage agreement was superseded by another in 1924.
In October, 1940 Tex-Mex notified petitioners that it was exercising its right to terminate and cancel the trackage contract, effective twelve months after November 1, 1940.
Beginning about 1900, most cable trackage was replaced by electric cars; but the Seattle lines lasted until the 1930s, and a portion of the San Francisco system continued in operation in the late 20th century.
As a result, the trackage was scrapped and the entire terminal was razed by the railroad in 1971.
The amount of trackage for cargo was increased, with a wide section of land mass being filled into the sea to create a larger rail and port facility at Brattøra, though the filling of a large part of the seabed to create artificial land.
We think like reasons make it important that the status quo of this trackage agreement be maintained pending decision by the Commission as to the proper treatment of it in the reorganization plan.
