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Who created Credit Mobilier of America?

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Oakes Ames , Thomas C. Durant , and a few other influential stockholders of the Union Pacific organized the CrŽdit Mobilier under an existing Pennsylvania charter, which they took over. Acting for both the Union Pacific and for their newly created construction company, they made contracts with themselves.

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Get more facts and information about Crédit Mobilier of America from The Columbia Encyclopedia, Sixth Edition at Encyclopedia.com.

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