Wikipedia:WikiProject Trains/ICC valuations/Erie and Black Rock Railroad

Interstate Commerce Commission, Valuation Reports, Volume 33

Share of the Erie and Black Rock Railroad Company, issued 19 October 1895

The Erie and Black Rock Railroad

Location and General Description of Property

The railroad of The Erie and Black Rock Railroad Company, herein called the Erie and Black Rock, is a single-track branch line, located entirely within the State of New York and extends from Black Rock Junction to Black Rock, 1.445 miles.

Introductory

The Erie and Black Rock is a corporation of the State of New York, having its principal office at Buffalo, N. Y. No accounting records of the company were obtained. Therefore, no information can be given from its accounts regarding its financial dealings, corporate operations, or investments. However, certain data indicated hereinafter were obtained from a balance sheet statement as of date of valuation, certified by the comptroller of the company, filed with us, and from other sources.

The Erie and Black Rock is controlled by the Erie through ownership of its entire outstanding capital stock. The records reviewed do not indicate that this company controls any common-carrier corporation.

The property of the Erie and Black Rock was operated by the New York, Lake Erie and Western Railroad Company and its receivers from the date it was placed in operation, about 1883, to December 1, 1895. From the latter date to December 31, 1917, it was operated by the Erie. The common-carrier property was taken over for operation by the United States Railroad Administration on January 1, 1918, as part of the system of the Erie, and it is so operated on date of valuation.

Corporate History

The Erie and Black Rock was incorporated March 28, 1882, under the general laws of New York, for a period of 50 years, to construct and operate a railroad in Buffalo, N. Y. The date of its organization was March 29, 1882.

Development of Fixed Physical Property

The owned mileage of the Erie and Black Rock, 1.445 miles, was constructed for it by the New York, Lake Erie and Western Railroad Company during the years 1882 and 1883, exact date undeterminable.

Leased Railway Property

The common-carrier property of the Erie and Black Rock is operated by the United States Railroad Administration as part of the system of the Erie. Details with respect to the operation of this property are given in the chapter on leased railway property in the report on the Erie.