jul 1, 1862 - Union Pacific Railroad Company Founded
Description:
Thomas Durant becomes the founder of the Union Pacific Railroad Company. He held the position of Vice President and was a key figure in the planning, financing, and execution of the railroad's construction, leveraging his financial acumen and strategic maneuvering to advance the ambitious project. The Union Pacific Railroad was initially planned to extend from the Nevada-Utah border in the west to the Colorado-Kansas border in the east. However, intense lobbying by Dr. Thomas Clark Durant resulted in moving the eastern terminus to a location in Iowa where the Union Pacific could connect with the Mississippi and Missouri Railroad.
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