Northern Pacific had slipped into its first…
December 1875 CE
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, ...