Wikipedia:WikiProject Trains/ICC valuations/Nevada Northern Railway

Interstate Commerce Commission, Valuation Reports, Volume 84

Nevada Northern Railway

Location and General Description of Property

The railroad of Nevada Northern Railway Company, hereinafter called the carrier, is a single-track, standard-gauge, steam railroad located in eastern Nevada, extending from Cobre to Veteran, 150.169 miles, with branch lines extending from:

	Miles
McGill Junction to McGill.	2.682
Hiline to McGill.	9.100
East Ely to Ely Junction.	3.000
Copper Flat to Ruth.	1.044
Total.	15.826

Thus the first main tracks owned and used aggregate 165.995 miles. In addition the carrier owns and uses yard and side tracks aggregating 27.340 miles, making a total of all tracks owned and used of 193.335 miles.

Corporate History

The carrier was incorporated under the general laws of Maine on June 1, 1905. Its principal office is located at Portland, Me.

Development of Fixed Physical Property

The carrier constructed its road between September, 1905, and May, 1908. Certain portions were opened for operations as early as June 2, 1906.

Leased Railway Property

The accounting records of the carrier indicated that it used on date of valuation facilities owned by other companies, and other companies used facilities owned by the carrier to the extent indicated in the statement following. The amount stated as rentals receivable are those applicable to the year ended on date of valuation:

Owner, description of property, and terms of use	Annual rental accrued during year ended on date of valuation
Solely used but not owned:
Leased from copper company—
Siding at McGill, 0.69 mile; expenses of maintenance and $612.24 per annum.	$612.24
Jointly used but not owned:
Joint use accorded carrier by Southern Pacific Company which leases the property from Central Pacific Railway Company—	476.08
Facilities at Cobre, 0.16 mile of main track; rental 3 per cent per annum on valuation and expenses of maintenance.	[included above]
Sidetrack, 0.14 mile; rental 3 per cent per annum on valuation and 50 per cent of maintenance.	[included above]
Water system; rental 3 per cent per annum on valuation and 20 per cent of maintenance.	[included above]
Stock corral; rental 3 per cent per annum on valuation and 30 per cent of operating expenses.	[included above]
Passenger and freight depot; rental 2.5 per cent on valuation and 30 per cent of operating expenses.	[included above]
Joint use accorded the carrier by The Western Pacific Railroad Company:
Station facilities at Shafter; rental 3 per cent per annum on agreed valuation and 30 per cent of maintenance and operating expenses.	124.88