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The reason for this is that Goodell learned the former Pennsylvania Railroad (Pennsy) right-of-way from Brocton to Corry, Pa., and Oil City, Pa., (running through Mayville and Sherman) was for sale.
The Pennsylvania Railroad Company (PRR) is incorporated, uniting several early rail lines under one company. By the end of the century, the company will control nearly 10,000 miles of railroad ...
In 1919 the C.V.R.R. was merged with the Pennsylvania Railroad, its primary stockholder. Then the Pennsy and New York Central melted together into the Penn Central in 1968. It went bankrupt in 1970.