Railroad 100% Embroidered Patch Collectible - L&N Louisville and Nashville
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The Reading Company, usually called the Reading Railroad (pronounced /'r?d??/), officially the Philadelphia and Reading Rail Road and then the Philadelphia and Reading Railway until 1924, operated in southeast Pennsylvania and neighboring states. Until the decline in anthracite loadings in the Coal Region after World War II it was one of the most prosperous corporations in the United States. Reduced coal traffic coupled with highway competition and short hauls forced it into bankruptcy in the 1970s. The railroad was merged into Conrail in 1976, but the corporation lasted into 2000, disposing of real estate holdings. Since the railroad served Atlantic City, New Jersey (via subsidiary The Atlantic City Railroad), the Reading Railroad is a property in the board game Monopoly.