Book excerpt: The Indiana Rail Road Company is a story of extraordinary success among the scores of independent short line and regional railroads spawned in the wake of railroad deregulation. Christopher Rund chronicles the development of the company from its origins as part of America's first land grant railroad, the Illinois Central, through the political and financial juggling required by entrepreneur Tom Hoback to purchase the line when it fell into disrepair. Reborn as a robust, profitable carrier, the INRD has become a model for the new American regional railroad. This revised edition, with a new foreword by acclaimed author Fred Frailey and four new chapters, brings readers up to date on Tom Hoback's amazing railroad adventure.