One Thousand Ways to Make Money by Page Fox

945. COLLAPSED RAILROADS.--For a capitalist there are few more promising

fields than the buying up of collapsed or run down railroads. Mr. George I. Seney accumulated a large fortune by purchasing at a little more than nominal figures bankrupt or embarrassed roads, and by thorough equipment, and by connection with more prosperous roads, soon put them in a paying condition. If you can get one end of a small road into a large city, or if you can arrange to make it the feeder instead of the rival of a large road, it will be almost certain to yield abundant returns.