Wikipedia:WikiProject Trains/ICC valuations/Norwich and Worcester Railroad

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The railroad of the Norwich and Worcester Railroad Company, herein called the Norwich and Worcester, is a single-track, standard-gage, steam railroad, located within the States of Massachusetts and Connecticut, and extending from Worcester, Mass., to Groton, Conn., with a branch of about 0.22 mile in the city of Worcester, Mass. The owned mileage on date of valuation consisted of 70.545 miles of first main track, 0.431 mile of second main track, and 43.737 miles of yard tracks and sidings, aggregating 114.713 miles of all tracks.

The Norwich and Worcester owns jointly with the Providence and Worcester (lessor to the carrier), each holding an undivided half interest, 0.756 mile of first main track, 2.120 miles of second and other main track, and 0.841 mile of yard tracks and sidings, aggregating 3.717 miles of all tracks, all of which is leased to and used by the carrier.

It also owns jointly with the Providence and Worcester (lessor to the carrier) and the Boston and Maine Railroad, each holding an undivided one-third interest, 0.283 mile of first main track, 0.784 mile of second and other main track, and 0.085 mile of yard tracks and sidings, aggregating 1.152 miles of all tracks, which the carrier uses jointly with the Boston and Maine Railroad. These undivided joint mileages are not included with the above wholly owned.

All of the property of the Norwich and Worcester is leased to and operated by the carrier, with the exception of certain station facilities at Norwich, Conn., which are exclusively used by the Central Vermont Railway Company.


No. Name Incorporation Succession
1 Norwich and Worcester Railroad Company. In Connecticut and Massachusetts, June 22, 1836.
2 Boston, Norwich and New London Railroad Company. In Connecticut, May 1, 1832. Consolidated with 3 to form 1, June 22, 1836.
3 The Worcester and Norwich Railroad Company. In Massachusetts, Mar. 15, 1833. Consolidated with 2 to form 1, June 22, 1836.
DEVELOPMENT OF FIXED PHYSICAL PROPERTY

On date of valuation the Norwich and Worcester owned 70.545 miles of railroad, extending from Worcester, Mass., to Groton, Conn., with a branch of about 0.22 mile in the city of Worcester. The road was built under contract, and the sections were put into operation as completed, as follows:

Worcester, Mass., to Norwich, Conn., 1840 59
Norwich, Conn., to Allyn's Point, Conn., 1843 6
Allyn's Point, Conn., to Groton, Conn., 1889 6
Total 71
HISTORY OF CORPORATE FINANCING