| | New Haven Railroad Historical Events |
| | Date | | Category | | Event |
| | 12/21/1949 | | Milestone | Laurence F. Whittemore tenders his resignation as President of the New York, New Haven & Hartford Railroad Company. |
| | Chairman of the Board, Frederic C. Dumaine, Sr takes the post of President again making him the 15th and 17th President, |
| | and the 4th person to serve more than one period as President. |
| | 12/4/1958 | | End of Service | The New Haven Railroad discontinues all passenger service between Winsted and Waterbury, Conn. (AR) |
| | 12/31/1958 | | Milestone | The New Haven Railroad's revenues drop by $14.5 million from 1957 because of recession. (AR) |
| | 12/1/1965 | | Abandonment | Line from Canaan to Lakeville abandoned. |
| | 12/31/1968 | | End of Service | At 11:59:59 PM the NEW YORK, NEW HAVEN & HARTFORD RAILROAD COMPANY ceases railroad operations after |
| | 96 years, 5 months, 8 days. At midnight the railroad was merged into the PennCentral Railroad. The NEW YORK, NEW |
| | HAVEN & HARTFORD RAILROAD COMPANY would continue to exist as a corporation until the late 1970s as the |
| | Bankruptcy Trustee would spend many years in legal fights to ensure that the estate received fair compensation for the |
| | railroad's assets. After all was settled the name of the company was changed to American Financial Enterprises, Inc., which as |
| | of 2006 is part of the Great American Insurance Company. |
| | 12/16/1974 | | 2nd Bankruptcy | U.S. Supreme Court, by 7-2 vote, overrules Special Court in Philadelphia and holds that 3R Act is not an unconstitutional |
| | seizure of property; creditors of the bankrupt railroads are entitled to sue in claims courts to contest compensation awarded |
| | under the 3 R Act; suit was brought by New Haven Trustees and other Penn Central creditors; Justices William O. Douglas |
| | and Stewart Potter dissent; Douglas charges allowing creditors to pursue claims will inflate cost of Conrail to $10-12 billion |
| | and be a windfall for the old owners. |
| | 12/31/1974 | | End of Service | The New England Transportation Company discontinues trucking operations. |
| | Page 6 of 6 |
