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Missouri Pacific enters Texas
On this day in 1880, the Missouri Pacific Railway Company, owned by
tycoon Jay Gould, entered the Lone Star State for the first time by
leasing the Missouri-Kansas-Texas Railroad (the Katy) and its line from
Kansas to Texas. Gould, who bought the Missouri Pacific in 1879, was
determined to develop a southwestern rail network, and also gained
control of various other railroads in the state. However, the first
Missouri Pacific system in Texas did not last long, as several of its
component lines entered receivership in the 1880s. The railroad
reorganized as the Missouri Pacific Railroad Company in 1917. The
Missouri Pacific acquired a number of Texas lines in the 1920s, but
filed for bankruptcy in 1933 and remained in receivership until 1956. It
was acquired by the Union Pacific Corporation in 1982, and the unified
system operated as the Union Pacific.
- Links to Related Handbook of Texas Online Articles
- MISSOURI PACIFIC SYSTEM
- MISSOURI-KANSAS-TEXAS RAILROAD
- GOULD, JAY
- LATE NINETEENTH-CENTURY TEXAS
- RAILROADS
- Other Texas Day by Day Articles for This Date
- Rancher accidentally shot on train (1901)
- Cartoonist's career begins (1905)
- D. and A. Oppenheimer closes (1988)
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