This is a 40' boxcar that was originally built in 1956. When the Lehigh Valley came up short on cash in the early 1970's, they'd sometimes sell rolling stock, such as boxcars to United States Railway Equipment, (USRE), in Washington IN. USRE would re-build the boxcars by improving brake hardware, removing roof walks (or even replacing the entire roof), reinforcing and/or patching and bad sheet metal, and adding a stiffener to the sills of the cars. The rolling stock was then painted into the colors of the customer and leased back to them. Interestingly, because many of the railroads worked with USRE on this sale & lease back program, the boxcars got jumbled up and a railroad didn't always get their boxcars back.
LV 66040 represents a re-built boxcar that came out of the Wahsington IN shops in 1970. The boxcars were placed into general service and wandered all across the country. In fact, the photo referenced for this model was taken in Los Angeles on 1976. As the cars aged, they continued to be worked by the Lehigh Valley and subsequently, Conrail. Different components were replaced; in this case, one door and the brake wheel were changed out along the way. This car retained it's original roof after the roofwalk was removed and was then shopped again by Conrail in May of 1978 with no location given on the stencil. the model is weathered as it would look in 1980 where there were still a few of these on the rails. USRE's paint was impressive and didn't rust very badly, hence the mildappearance.
This is the first in a series of four cars, (3 LV, 1 EL) that will be featured in the coming months.