Stockholders of the Illinois Central were also contacted by their management yesterday. In an eight-page pamphlet, the carrier outlined its objection to a planned merger of the Chicago & North Western and Chicago, Milwaukee, St. Paul & Pacific Railroads.
The Illinois Central said it would not oppose the merger if it was given the opportunity to purchase a 70-mile portion of the Milwaukee's tracks and right-of-way, "or alternatively to use" the line, which stretches from Lyle to Northfield, Minn. This trackage would create a new primary rail route between Chicago and Minneapolis-St. Paul.
The Illinois Central, since 1960, has reached the Twin Cities from Chicago via the so-called Albert Lea route, whereby Illinois Central trains operate directly to Albert Lea, Minn., and jointly with the Chicago & North Western from Albert lea to the Twin Cities.
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NY Times 12/6/1966
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