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Central Pacific Railroad Explained

Central Pacific Railroad at English => English (The Britannica Concise) Of Explained:

U.S. railroad company founded in 1861 by a group of California merchants incl. M. Hopkins and L. Stanford. It was built with land grants and subsidies from the Pacific Railway Act (1862); thousands of Chinese laborers were hired to build it. Its tracks joined up with those of the Union Pacific on May 10, 1869, in Promontory, Utah. From 1884 it was leased to the Southern Pacific Co., with which it merged in 1959.