Wikipedia:WikiProject Trains/ICC valuations/Grand River Valley Railway
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The railroad of The Grand River Valley Railway Company, herein called the carrier, is a single-track, standard-gauge, electric railway, located in western Colorado. It consists of 16.209 miles of interurban line extending from Grand Junction northwesterly to Fruita, and 1.600 miles of street railways in the city of Grand Junction used for interurban service, aggregating 17.809 miles of road. The carrier also owns 2.477 miles of yard tracks and sidings. Its road thus embraces 20.286 miles of all tracks owned and used. In addition, the carrier owns and operates 1.615 miles of main track and 0.096 mile of yard tracks and sidings, which are used exclusively for street-railway service in the city of Grand Junction. This latter property and certain lands, equipment, car barns, and other structures, have been classified in this report as noncarrier.
- CORPORATE HISTORY
The carrier was incorporated October 3, 1914, under the general laws of the State of Colorado, for the purpose of acquiring the property, rights, and franchises of the Grand Junction and Grand River Valley Railway Company. Pursuant to this purpose, the acquired on November 1, 1914, the property, rights, and franchises of the corporation named. The carrier, itself, and the corporation named above, together with its predecessor, total three different corporations and comprise the line of corporate [...]
| No. | Name | Incorporation | Succession |
|---|---|---|---|
| 1. | The Grand River Valley Railway Company. | Under general laws of Colorado, Oct. 3, 1914. | |
| 2. | The Grand Junction and Grand River Valley Railway Company. | Under general laws of Colorado, Feb. 27, 1909. | Sold at foreclosure sale Sept. 8, 1914, after receivership begun about Aug. 1, 1914, and reorganized Nov. 1, 1914, as 1. |
| 3. | The Grand Junction Electric Railway Company. | Under general laws of Colorado, Nov. 20, 1908. | Sold Apr. 1, 1909, to 2. |
- DEVELOPMENT OF FIXED PHYSICAL PROPERTY
The owned road, including the street-railway lines, of the carrier was acquired by purchase from the Grand Junction and Grand River Valley Railway Company on November 1, 1914, the property having been delivered by the receiver on that date.
- Purchased from the Grand Junction and Grand River Valley, construction commenced by the Grand Junction Electric Railway and completed by the Grand Junction and Grand River Valley:
- Street-railway lines in Grand Junction, Colo., 1909 3.215
- Interurban line Grand Junction to Fruita, Colo., 1910 16.209
- 19.424
Of the 3.215 miles of street-railway lines shown above, about 1.6 miles are used in connection with the interurban service and about 1.615 miles are used exclusively for street-railway service.
- HISTORY OF CORPORATE FINANCING