JPMX Alco S-4

Foreign Power  on the Lackawanna Terminal Railway
JPMX Lease units: Alco S-4 455/456 and RS-1003

JPMX Alco S-4 switchers during their break-in period switch the transload center in East Buffalo, New York.
(Engine 456 and sister 455 painted by Scott Lupia)

JP Morgan, the only step-son of one of the Senior Vice Presidents of Stradivarius Steel Corporation, graduated from a small obscure college in New England  ranked 278th out of 280 graduates. With few prospects either for graduate school or meaningful employment the young graduate turned to his step-father for suggestions as to his first career move. His step-father, knowing the futility of trying to get his son a job with Stradivarius Steel, immediately turned the problem over to his faithful executive secretary who spent spent several long minutes pondering a way to solve the problem of getting the unemployable employed and thereby eliminate the risk of having the boy's mother drop another frivolous child-neglect lawsuit on her boss. Fortunately, the step-father's office at the steel plant faced a large rail yard where old derelict locomotives stood waiting the scrapper's torch and while sitting at her desk contemplating this problem she had a sudden inspiration.

The idea struck her that she should see if a couple of those old decrepit locomotives heading for the furnaces might be in good enough condition to be purchased, for scrap value, in the name of a company that she would create in her boss’s name with his son as chief and only officer. An idea also came to her that these locomotives could be leased back to the Stradivarius Steel Company for service within the steel plant. This would not only provide income for the half-witted son of her boss’s third wife but would save the company money now spent on leasing plant switchers from the Lackawanna Terminal Railway.

Before she left her office for the day (and many hours after her boss left the office for his regular afternoon round of golf) she spent some time on the phone to her boss's lawyer and shortly thereafter the process of bringing a locomotive leasing company into existence, JPMX, was begun. Shortly thereafter, three locomotives were purchased by the new company, JPMX, out of the scrap line and were sent to the Lackawanna Terminal Railway's Locomotive Shop in Scranton for evaluation and whatever overhaul might be required.

The news from the shop was not good as the mechanical forces, with the prompting of an angry Lackawanna Terminal Management Team (for the potential lose of the exorbitant income garnered from grossly overcharging Stradivarius Steel for their leased locomotives) quickly determined that all three engines needed major work to make them roadworthy and suitable for the purposes for which they were purchased. A deal was struck for the work, loans were secured for payment, and the engines were shoved into the shop for the work ordered and paid for in advance. The engines were released from the shop several weeks later after only receiving a washing, filter changes, and new brake hoses and were towed to East Buffalo for some quick break-in time to the advantage of the Lackawanna Terminal Railway. 

Eventually both the 455 and 456 were leased to Stradivarius Steel Company in West Corning New York under an extremely lucrative contract negotiated by the lawyer working for an unnamed Senior Vice President for Stradivarius Steel while a third locomotive, the 1003 an Alco RS-1, is serving as one of  the plant switchers for the National Chemical and Refining Company under an equally lucrative contract negotiated by the lawyer working for an unnamed Senior Vice President working for Stradivarius Steel with the brother of this unnamed Senior Vice President  of Stradivarius Steel who just happens to be a Senior Vice President working for the National Chemical and Refining Company in the Lease and Contracts Department. 

(Engine JPMX 1003 painted by Scott Lupia)

JPMX RS-1 1003 waits in the clear at the transload center for a Southern Pacific intermodal train to pass on its way to Croxton yard in Secaucus, New Jersey. The Intermodal train started its cross country journey in Los Angeles, California. The much smaller 1003 is in shakedown mode after being "overhauled" by the Lackawanna Terminal Railway's Locomotive Shop under contract with JPMX. "Overhauled" is probably more appropriate to what the Lackawanna Terminal Railway did to the JPMX corporation.

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