Texas and Pacific

Company History: The Texas and Pacific Railway Company (known as the T&P) was created by federal charter in 1871 with the purpose of building a southern transcontinental railroad between Marshall, Texas, and San Diego, California. The T&P had a significant foothold in Texas by the mid-1880s. Construction difficulties delayed westward progress, until American financier Jay Gould acquired an interest in the railroad in 1879. The T&P never reached San Diego; instead it met the Southern Pacific at Sierra Blanca, Texas, in 1881. The Missouri Pacific Railroad, also controlled by Gould, leased the T&P from 1881 to 1885 and continued a cooperative relationship with the T&P after the lease ended. Missouri Pacific gained majority ownership of the Texas and Pacific Railway's stock in 1928 but allowed it to continue operation as a separate entity until they were eventually merged on October 15, 1976. On January 8, 1980, the Missouri Pacific Railroad was purchased by the Union Pacific Railroad. Because of lawsuits filed by competing railroads, the merger was not approved until September 13, 1982. However, due to outstanding bonds of the Missouri Pacific, the actual merger with the Union Pacific Railroad took place on January 1, 1997.From Wikipedia

Successor/Parent History: The Missouri Pacific Railroad (reporting mark MP), commonly abbreviated MoPac, with nickname of The Mop, was one of the first railroads in the United States west of the Mississippi River. MoPac was a Class I railroad growing from dozens of predecessors and mergers, including the St. Louis, Iron Mountain and Southern Railway (SLIMS), Texas and Pacific Railway (TP), Chicago and Eastern Illinois Railroad (C&EI), St. Louis, Brownsville and Mexico Railway (SLBM), Kansas, Oklahoma and Gulf Railway (KO&G), Midland Valley Railroad (MV), San Antonio, Uvalde and Gulf Railroad (SAU&G), Gulf Coast Lines (GC), International-Great Northern Railroad (IGN), New Orleans, Texas and Mexico Railway (NOTM), Missouri-Illinois Railroad (MI), as well as the small Central Branch Railway (an early predecessor of MP in Kansas and south central Nebraska), and joint ventures such as the Alton and Southern Railroad (AS).

In 1967, the railroad operated 9,041 miles of road and 13,318 miles of track, not including DK&S, NO&LC, T&P and its subsidiaries, C&EI and Missouri-Illinois.

On January 8, 1980, the Union Pacific Railroad agreed to buy the Missouri Pacific Railroad. Lawsuits filed by competing railroads delayed approval of the merger until September 13, 1982. After the Supreme Court denied a trial to the Southern Pacific, the merger took effect on December 22, 1982. However, due to outstanding bonds of the Missouri Pacific, the merger with Union Pacific become official only on January 1, 1997.

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