Wikipedia:WikiProject Trains/ICC valuations/Dexter and Northern Railroad

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The railroad of the Dexter,[sic] and Northern Railroad Company, hereinafter called the carrier, is a single-track standard-gauge steam railroad, located in New York. The main line extends easterly from Dexter to Dexter Junction, a distance of 0.462 mile. The carrier also owns 0.419 mile of yard tracks and sidings. Its road thus embraces 0.881 mile of all tracks owned and used. In addition, the carrier has trackage rights over the railroad of the New York Central Railroad Company between Dexter and a point about 2 miles west of Brownville, N. Y.


CORPORATE HISTORY

The carrier was incorporated July 23, 1908, under the general laws of the State of New York. The date of its organization has not been ascertainable from the records reviewed.

DEVELOPMENT OF FIXED PHYSICAL PROPERTY

The owned mileage of the carrier, extending from Dexter to Dexter Junction, N. Y., a distance of 0.462 mile, was acquired by construction. The returns of the carrier to valuation order No. 20 show that its property was constructed during the period from 1908 to 1910 by or under the supervision of the Dexter Sulphite Pulp and Paper Company.

HISTORY OF CORPORATE FINANCING