1947 Gerard guides the L.V. through the final war Years, and the readjustment to a post-war economy. The company celebrated its centenary anniversary in April 1946. Major presides over the boom to bust years of the L.V. doing all he could to try to stop the fall in revenues, and tonnage, as well as economizing which were all to no avail. The L.V. was dying. May 1962 Chairmen of the Board takes over operation, the presidency remains unoccupied till the pending Penna.
Railroad takes over.
He finally succeeds Cedric Major who had died in 1960. The valiant fight to keep the L.V. afloat was quickly coming to an end. The PRR, allowed the L.V. to have credit and this forestalled the end. Steam Engines Diesel Engines Structures Stations Misc.