By 1879, William H Vanderbilt owned most of its stock, and several other Vanderbilts served on its board.
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Vanderbilt and the New York Central and Hudson River contended, often in dramatic terms, against Fisk, Gould, and Drew's Erie Railroad.
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In 1872 the town of Wheatland issued its bonds to the amount of $70,000.00 to aid in its construction, $53,000.00 of which has been paid.
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