Wikipedia:WikiProject Trains/ICC valuations/Central New England Railway

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The preceding incorporated companies, together with their successive relations, are shown in the following schedule:

Corporation Incorporated Demise Succession
1. Carrier. June 25, 1907, in New York.
2. Central New England Railway Company of 1899. Jan. 12, 1899, in New York. June 7, 1907 Consolidated with 9, 12, 13, 14, to form 1.
3. Philadelphia, Reading and New England Railroad Company. July 28, 1892, in New York. Jan. 13, 1899 Sold to 2.
4. Central New England and Western Railroad Company. July 23, 1889, in New York. July 28, 1892 Consolidated with 7, to form 3.
5. Hudson Connecting Railroad Company. Jan. 29, 1887, in New York. July 23, 1889 Consolidated with 6, to form 4.
6. The Poughkeepsie and Connecticut Railroad Company. Sept. 14, 1888, in New York. July 23, 1889 Consolidated with 5, to form 4.
7. Poughkeepsie Bridge and Railroad Company. July 14, 1882[sic - 1892], in New York. July 28, 1892 Consolidated with 4, to form 3.
8. Poughkeepsie Bridge Company. May 10, 1871, in New York. July 14, 1892 Sold to 7.
9. Newburgh, Dutchess and Connecticut Railroad Company. Jan. 15, 1877, in New York. June 7, 1907 Consolidated with 2, 12, 13, 14, to form 1.
10. New York, Boston and Montreal Railroad[sic] Company. Jan. 21, 1873, in New York. May 16, 1877
Feb. 20, 1890 		Sold to 9.
Do.
11. Dutchess and Columbia Railroad Company. May 1, 1866,in [sic]
Succeeded by 10.
12. Poughkeepsie Bridge Railroad Company. June 5, 1888, in New York. June 7, 1907 Consolidated with 2, 9, 13, 14, to form 1.
13. Dutchess County Railroad Company. April 21, 1890, in New York. June 7, 1907 Consolidated with 2, 9, 12, 14, to form 1.
14. The Poughkeepsie and Eastern Railway Company. April 13, 1893, in New York. June 7, 1907 Consolidated with 2, 9, 12, 13, to form 1.
15. The New York and Massachusetts Railway Company. Jan. 22, 1887, in New York. Mar. 2, 1893 Sold to Russell Sage who Apr. 13, 1893, deeded to 14.
16. Poughkeepsie, Hartford and Boston Railroad Company. May 15, 1875, in New York. Jan. 22, 1887 Sold to 15.
17. Poughkeepsie and Eastern Railroad Company. Apr. 13, 1866, in New York. May 15, 1875 Sold to 16.
18. The East Granby and Suffield Railroad Company. Aug. 12, 1901, in Connecticut. Apr. 13, 1908 Deeded to 1.
19. Hartford and Connecticut Western. Mar. 31, 1881, in Connecticut.
Leased to the carrier.
20. Rhinebeck and Connecticut Railroad Company. June 29, 1870, in New York. June 16, 1882 Deeded to 19.
21. Connecticut Western Railroad Company. June 26, 1868, in Connecticut. Apr. 1, 1881 Sold to 19.

The Dutchess and Columbia Railroad Company consolidated with the Putnam and Dutchess Railroad Company and the New York and Boston Railroad Company to form the New York, Boston and Northern Railroad[sic] Company, which latter company consolidated with the Hudson[sic] Extension Railroad Company to form the New York, Boston and Montreal Railroad[sic] Company. The obtainable records do not show that these corporations, although a part of the corporate succession, contributed anything to the corporate development of the existing company or to the growth of its physical property. They, therefore, are given no place in this report.

DEVELOPMENT OF FIXED PHYSICAL PROPERTY

The following tabulation shows the elements of trackage that go to make up the mileage of road owned by the carrier on date of valuation.

By consolidation:

From the Central New England Railroad Company of 1899 57.60
Constructed by The Poughkeepsie bridge Company—
Bridge and Loyd to Bridge east end, N. Y., 1888 4.60
Constructed by The Poughkeepsie and Connecticut Railroad Company—
Poughkeepsie to Silvernails, N. Y., 1889 25.00
Bridge east end to Poughkeepsie, N. Y., 1889 2.00
Constructed by the Hudson Connecting Railroad Company—
Loyd to Campbell Hall, N. Y., 1889 26.00
From the Newburgh, Dutchess and Connecticut Railroad Company 56.84
Constructed by the Dutchess and Columbia Railroad Company—
Dutchess Junction, N. Y., to Connecticut State line, 1870 56.84
From the Dutchess County Railroad Company 12.40
Constructed by the Dutchess County Railroad Company—
Poughkeepsie to Hopewell, N. Y., 1892 12.40
From The Poughkeepsie and Eastern Railway Company 35.00
Constructed by the Poughkeepsie and Eastern Railroad Company—
Poughkeepsie to Stissing, N. Y., 1872 21.00
Pine Plains to Boston Corners, N. Y., 1872 14.00
Boston Corners, N. Y., to Connecticut line, 1872 (6 miles sold to the Hartford and Connecticut Western)

By construction:

Constructed by the carrier 3.99
Various small additions, 1908 1.49
Poughkeepsie & Eastern Junction to State Hospital, N. Y., 1916 1.36
Hospital branch, N. Y., 1916 1.14

Total 165.83

Road abandoned 25.73
West Salt Point to West Pine Plains, N. Y., 1910 15.90
Poughkeepsie & Eastern Junction to Vassar coal trestle, N. Y., 1911 1.39
Poughkeepsie Junction to Salt Point, N. Y., 1914 7.41
Wicopee Junction to Dutchess Junction, N. Y., 1916 1.03

Net accumulative mileage as recorded 140.10

Loss in remeasurement 4.435

Mileage as measured by our engineers 135.665

The carrier in 1902 acquired 4 miles of road from the East Granby and Suffield Railroad Company which it abandoned, removing the rails.

This statement does not include 0.769 mile of yard tracks in which the carrier has joint ownership with the New York, Ontario and Western Railroad Company. The carrier maintains station and other joint facilities and participates in the use of like facilities maintained by other companies. These facilities are more fully discussed under the caption Leased Railway Property.

HISTORY OF CAPITAL FINANCING


The Hartford and Connecticut Western was operated under lease successively since August, 1889, by the Central New England and Western Railroad Company, the Philadelphia, Reading, and New England Railroad Company, and the carrier.


DEVELOPMENT OF FIXED PHYSICAL PROPERTY

The following tabulation shows the elements of trackage that go to make up the mileage of road owned by the Hartford and Connecticut Western on date of valuation.

Acquired by purchase after foreclosure:

From the Connecticut Western Railroad Company 69
Constructed by the Connecticut Western Railroad Company, Hartford, Conn., to State Line, N. Y., 1881 69
From the Rhinebeck and Connecticut Railroad Company 35
Constructed by the Rhinebeck and Connecticut Railroad Company, Rhinecliff to Boston Corners, N. Y., 1882 35
From the Poughkeepsie, Hartford and Boston Railroad Company 6
Constructed by the Poughkeepsie, Hartford and Boston Railroad Company, Boston Corners to State Line, N. Y., 1884 6

Acquired by construction:

Constructed by the Hartford and Connecticut Western 14
Tariffville, Conn., to Agawam, Mass., 1902 14

Total 124

Gain in remeasurement .326

Mileage as measured by commission's engineers 124.326

HISTORY OF CAPITAL FINANCING
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