when did network rail take over from railtrack
Railtrack Railtrack was a group of companies that owned the track, signalling, tunnels, bridges, level crossings and all but a handful of the stations of the British railway system from 1994 until 2002. It was created as part of the privatisation of British Rail, listed on the London Stock Exchange, and was a constituent of the FTSE 100 Index. In 2002, after experiencing major financial difficulty, most of Railtrack's operations were transferred to the state-controlled non-profit company Network Rail. The remainder of Railtrack was renamed RT Group plc and eventually dissolved on 22 June 2010.
First Transcontinental Railroad In February 1860, Iowa Representative Samuel Curtis introduced a bill to fund the railroad. It passed the House but died when it could not be reconciled with the Senate version due to opposition from southern states who wanted a southern route near the 42nd parallel.[30] Curtis tried and failed again in 1861. After the southern states seceded from the Union, the House of Representatives approved the bill on May 6, 1862, and the Senate on June 20. Lincoln signed the Pacific Railroad Act of 1862 into law on July 1. It authorized creation of two companies, the Central Pacific in the west and the Union Pacific in the mid-west, to build the railroad. The legislation called for building and operating a new railroad from the Missouri River at Council Bluffs, Iowa, west to Sacramento, California, and on to San Francisco Bay.[31] A second law to supplement the first was passed in 1864.[32]