Northern Pacific had slipped into its first…

December 1875 CE

Northern Pacific had slipped into its first bankruptcy on June 30, 1875.

Despite the advances of the Northern Pacific, the year of 1874 had found the company moribund.

Cass resigns to become receiver of the company, and Charles Barstow Wright becomes the fourth president of the company.

Frederick Billings, the namesake of Billings, Montana, formulates a reorganization plan which is put into effect.

This same year, ...

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St Paul Ramsey Minnesota United States View →

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George Armstrong Custer View →

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Pennsylvania, Commonwealth of (U.S.A.) View → United States of America (US, USA) (Washington DC) View → Washington, Territory of (U.S.A.) View → Minnesota, State of (U.S.A.) View → Dakota, Territory of (U.S.A.) View → Northern Pacific Railway View →

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American Civil War & Reconstruction; 1864 through 1875 View → Industrial Revolution, Second View → Depression, Long View → Panic of 1873 View →

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Engineering View → Government View → Finance View →

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