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The City of Port Arthur, Texas has sold their park display locomotive, Louisiana & Arkansas No. 503 for scrap.  That fact was not learned until it had already been sold, and now a bunch of railfans/modelers/railroaders etc. are getting together and pooling our money to purchase the locomotive and move it to someplace safe.  

The danger is real as the scrapper has about 3 weeks to remove the locomotive from the property so we are all scrambling to come up with a solution.  More information is available at the link below.  We raised over $6,000 since last night from everyday people like you and me who could throw from $20 to 50 or more toward the effort.  Could you also help us out on this? 

I don't know about you, but I don't want to see more photos of steam locomotive scrappings taken on this continent. 

Help Save the 503

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I donated what I could this morning.  While "we can't save them all" in the preservation arena, it would be wrong to see a steam locomotive in relatively good cosmetic (and apparently possibly mechanical) shape get scrapped almost 100 years after it was built.  I hope things go well for this engine and that we'll see it in a new home soon.

deadline is TODAY.  Please help.  $10,000 needed...

 


 

https://www.gofundme.com/help-save-the-la-503-friends-of

IMMEDIATE GOAL:

Raise $50,000 to purchase the locomotive from the city's contractor and move it to the Texas State Railroad for interim storage. The locomotive is currently slated for demolition and scrapping in the next few days!

THE PLAN:

1) Purchase the locomotive from the contractor hired to perform the demolition and fund the move of the locomotive out of Port Arthur.
2) Place the locomotive under the care of a non-profit organization dedicated exclusively to its ongoing rehabilitation.
3) Finalize arrangements for the use of a restoration facility and restore the locomotive operation via funding provided through donations and from The Royal Palm Railway Experience which is operated by the Orlando and Northwestern Railroad in Florida.
4) Move the locomotive to Florida for long-term operation with the Orlando and Northwestern Railway. This is a campaign to save a locomotive that does have a future! These funds will accomplish the purchase from the scrapper and the initial move from the park to the Texas State Railroad.

UPDATE 2/20: OUR GOAL HAS CHANGED AND DEADLINE EXTENDED! Inland Environment had inititally priced the scrap value for no. 503 at $20,000.

After performing their own appraisal, they now value the locomotive and tender at $35,000!

Broken down, our projects costs are now:

$35,000 to Inland Environment for the purchase

$10,000 to Over-the-Top Construction for trucking

$20,000 for cranes

Our deadline for raising funds is now February 28th! A purchase agreement for the locomotive will be signed on February 21st.


OUR IMMEDIATE GOAL:

We're raising $65,000 to purchase the locomotive from the city's contractor and move it to the Texas State Railroad for interim storage. The locomotive is currently slated for demolition and scrapping in the next few days! The locomotive and display site must be disposed of by March 6th, 2018.

OUR PLAN:

1) purchase the locomotive from the contractor hired to perform the demolition and fund the move of the locomotive out of Port Arthur


2) place the locomotive under the care of a non-profit organization dedicated exclusively to its ongoing rehabilitation.

3) finalize arrangements for the use of a restoration facility and restore the locomotive operation via funding provided through donations and from The Royal Palm Railway Experience which is operated by the Orlando and Northwestern Railroad in Florida.

4) move the locomotive to Florida for long-term operation with the Orlando and Northwestern Railway.

This is a campaign to save a locomotive that does have a future! These funds will accomplish the purchase from the scrapper and the initial move from the park to the Texas State Railroad.

 I, Jason Sobczynski, will handle the disbursement of the funds raised to the owner of the locomotive for the purchase of the artifact, to the trucking company for the transportation of the artifact to the Texas state Railroad, and to the crane companies which will be utilized to load and unload the locomotive and tender. 

Following the creation of the trust which will care for this locomotive, ownership of the locomotive will be transferred  to the trust for $1.

 Any left over monies from this campaign will be given to the trust along with the locomotive.

If we are unable to fund the immediate purchase and movement of 503, all donations will be refunded or forwarded to a railroad preservation organization of the donor's choice.

Wow.

Way to move the goal posts. 

On the "Roundhouse Podcast", where I first heard of this effort, Jason Sobczynski told the host, Nick Ozorak that his "worst case" scrap value for the engine delivered as finished scrap at the yard would be approximately $17,700. This new figure is double that.

I've already made a small contribution. Unfortunately I cannot give any more at this juncture.

I wish them luck.

 

SantaFe158 posted:

UPDATE 2/20: OUR GOAL HAS CHANGED AND DEADLINE EXTENDED! Inland Environment had inititally priced the scrap value for no. 503 at $20,000.

After performing their own appraisal, they now value the locomotive and tender at $35,000!

That is a 75% increase in the estimated scrap value! Is that possibe or even reasonable ????

(Corrected percentage increase!) DOH!

Last edited by Namvet4

Sounds like Inland Environment got wind of the news that money was being raised so they decided to milk the "enthusiasts".

Time to call their bluff and tell them, "The money's been raised but this loco is too expensive.  You can have this loco and we'll go buy another."  THEN see what the real price is.

 

Hot Water posted:
aterry11 posted:

Scrapp  Is at a real low....   60.00 a ton.. So whats that engine weigh?

Reportedly about 190,000 in its present condition.

Don't believe that much in scrap value based on current market.

Exactly, especially since it is NOT "processed scrap", i.e. SOMEONE needs to expend LOTS of money to "cut it up"!

 

The initial "guestimate" of $17,700 is 3+ times the $60/ton price, based on a weight of 190,000 lbs.

Also, Jason said in the podcast episode that the tender is leaking crude oil. Presumably, Inland Environmetal gets to walk away from that problem as well.

This new "scrap value" of $35,000 sounds like the contractor has decided to gouge the preservationists, BIG TIME.

 

The problem boils down to this.  The scrapper agreed to sell the locomotive at "scrap value".  We assumed approx. $150 a ton which is the retail scrap price that you and I would get if we took scrap steel to a scrap yard.  However, scrap yards sell that scrap to mills and get much higher prices than what we would get. This guy isn't selling to another scrap yard, he is selling the the mills so what he can get is much higher. 

You have to remember, last week when the initial contact was made with the scrapper we had no money to work with and all we had was a verbal commitment to sell at "scrap value".  We assumed the wrong value aqnd due to the three day weekend couldn't get confirmation with the scrapper until now.  

Last edited by Rick Rowlands
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