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Lloyd Fassett
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The First Tycoon: The Epic Life of Cornelius Vanderbilt (Pulitzer Prize Winner), by T.J. Stiles

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For collateral, he took a mortgage on the entire rolling stock, all 180 locomotives and 2,975 cars.
Lloyd Fassett
an old railroad financing trick
See Lloyd’s 61 notes & 201 highlights
The First Tycoon: The Epic Life of Cornelius Vanderbilt (Pulitzer Prize Winner)
The First Tycoon: The Epic Life of Cornelius Vanderbilt (Pulitzer Prize Winner)
by T.J. Stiles
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