Wikipedia:WikiProject Trains/ICC valuations/Harlem River and Port Chester Railroad

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The railroad of The Harlem River and Port Chester Railroad Company, herein called the Harlem River and Port Chester, is a standard-gage, steam railroad, located entirely in the State of New York. The owned mileage extends from the Harlem River to New Rochelle, and consists of 11.217 miles of first main track, 52.218 miles of second and other main tracks and 101.337 miles of yard tracks and sidings, aggregating 164.772 miles of all tracks. Practically all of the property of the Harlem River and Port Chester is leased to and operated by the carrier.

Corporate history.—The Harlem River and Port Chester was incorporated in New York under an act passed in 1866 and an act passed April 2, 1850. Its principal office is at New York, N. Y. The accounts are kept in the office of the carrier at New Haven, Conn. Further information in regard to corporate history and the detailed facts as to the development of fixed physical property are given in Appendix 2.

HARLEM RIVER AND PORT CHESTER

DEVELOPMENT OF FIXED PHYSICAL PROPERTY

The railroad of the Harlem River and Port Chester extends from the Harlem River to New Rochelle, N. Y. Construction work was begun about 1870 and two main tracks were opened for operation November 24, 1873. In 1889 third and fourth tracks were started, but before they were finished the plans were changed to provide for six tracks. These were completed March 3, 1912. In October 1910 work was begun to equip the road for electrical operation, but on date of valuation this was not completed for all tracks. On date of valuation the road mileage was 11.217 miles.

HISTORY OF CORPORATE FINANCING