Union Pacific Corporation - 1960's-70's dated Railroad Bond - Various Denominations Available
Inv# RB5126 BondRailroad Bond. Various Denominations printed by American Bank Note Company. Engineer, railroad worker and scientist in vignette. Available in Aqua, Olive, Brown, Blue, Red or Pink. Please specify color.
The Union Pacific Corporation (Union Pacific) is a prominent publicly traded railroad holding company, incorporated in Utah in 1969. The company is headquartered in Omaha, Nebraska, and serves as the parent company of the current Union Pacific Railroad.
Here's a summary of its key historical and structural points:
Headquarters History:
- 1969-1980s: Initially located in New York City after its re-founding.
- Mid-1980s: Drew Lewis, then CEO, relocated the corporate headquarters to Bethlehem, Pennsylvania.
- Later Moves: The headquarters was subsequently moved to Dallas, Texas, before settling in Omaha, Nebraska, to align with the Union Pacific Railroad headquarters.
Acquisitions and Mergers:
Union Pacific Corporation has significantly expanded its portfolio through various acquisitions and mergers, including:
- Missouri Pacific Railroad
- Missouri–Kansas–Texas Railroad
- Chicago and North Western Transportation Company
- Western Pacific Railroad
- Denver and Rio Grande Western Railroad
- St. Louis Southwestern Railway
- SPCSL Corporation (Southern Pacific Company)
- Southern Pacific Transportation Company
Mergers:
- The Missouri Pacific Railroad and other acquired railroads (except for Southern Pacific Transportation Company) were merged into the previous form of Union Pacific Railroad.
- In a significant merger, the Union Pacific Corporation merged the previous form of the Union Pacific Railroad with the Southern Pacific Transportation Company, renaming it to the current Union Pacific Railroad.
This strategic expansion and reorganization have established Union Pacific as a leading player in the U.S. railroad industry.
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
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