to liquidate and dissolve the MCR. Two dividend liquidation distributions to non-Penn Central shareholders were set. The first, established at $177 a share, occurred March 11, 1980. (A small portion of the funds received from the liquidation were reserved to pay legal costs.) The second distribution, set at $120 a share, occurred on January 7, 1982, ending the existence of the Mahoning Coal Railroad. If, after meeting the liquidation distribution requirements, any assets remained unsold, these assets were transferred to the Penn Central. Description of the line As of 1904, the Mahoning Coal Railroad consisted of the Youngstown-Andover line, the Mann-Brookfield line (the "low-grade" line), the Doughton-Sharon combined branch, the Sharpsville branch, the Keel Ridge Coal Bank branch, and the Stewart Iron Works branch. This gave the line a total of . The Hubbard-Andrews & Hitchcock Iron Works spur was abandoned, and the Tyrrel-Vienna branch abandoned and torn up in 1899. The Youngstown-Andover line was abandoned in 1961. References Notes Citations Bibliography Lake Shore and Michigan Southern Railway lines New York Central Railroad lines Rail infrastructure in Ohio Rail infrastructure in Pennsylvania Railway lines opened in 1871 Railway lines closed in 1982 Railroads transferred to Conrail Penn Central Transportation Defunct Pennsylvania railroads Defunct Ohio railroads