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[quote]QUOTE: Originally posted by nanaimo73 In the 1970s Precision National leased a lot of locomotives. A lot of the railroads had companies buy the new locomotives for them and then leased them for periods like 15 years. During 1984 Chessie had 40 B&O GP40s come off lease and suggested owner GATX lease them to CP Rail. That lasted for 4 years. During the late 1980s GATX had about 65 locomotives on lease, National Helm Leasing had about 25 ex BN SD45s (several went to MRL later) and National Railway Leasing had about 20 leasers. All of these locomotives were GMDs. You can look at these. http://www.rrpicturearchives.net/railroadList1.aspx?tid=4 [/quote] At the time of its bankruptcy, the Milwaukee Road was so short on serviceable power that they leased a number of PNC units (SD 24's?) that had originally come from the Southern. They had the distinctive high mounted Southern nose bell. Some of these, I believe, later on ended up on the C&NW after rebuilding as SD-18's. Somebody else with a better knowledge of the subject can jump in here and correct me on this. Anyway, we're talking late 1970's-early 1980's. John Timm
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