Wikipedia:WikiProject Trains/ICC valuations/Muncie Belt Railway

Interstate Commerce Commission, Valuation Reports, Volume 106

Introductory
The railroad of Muncie Belt Railway Company, hereinafter called the carrier, is a single-track standard-gauge steam belt railroad, operating exclusively as a switching road in the city of Muncie, Ind. The owned mileage extends from a point near the intersection of the Fort Wayne, Cincinnati and Louisville Railroad Company, and the White River Railroad Company, to a point near Jackson Street, a distance of 3.112 miles, with spur tracks extending therefrom to various industries located on or near its line, aggregating 2.277 miles. Its road thus embraces 5.389 miles of all tracks owned.

Corporate History
The carrier was incorporated under the general laws of the State of Indiana on August 11, 1892, for the purpose of constructing and operating a line of railroad within the county of Delaware, State of Indiana. Control of the carrier on the date of valuation was vested in the Cleveland, Cincinnati, Chicago and St. Louis Railway Company. Its principal office is located at Muncie, Ind. The detailed facts as to the development of the fixed physical property are given in Appendix 2.

Development of Fixed Physical Property
Construction of the carrier was begun by The Cleveland, Cincinnati, Chicago and St. Louis Railway Company in August, 1892, and the road opened for operation April 11, 1895, although the original line was not fully completed until December of that year.

Leased Railway Property
On the date of valuation the carrier leased from other companies the following facilities at Muncie, Ind.:
 * Interlocker, jointly used with The Pittsburgh, Cincinnati, Chicago and St. Louis Railway Company, The Cleveland, Cincinnati, Chicago and St. Louis Railway Company, and The Lake Erie and Western Railroad Company, owned by the first-named company.
 * Electric distant signal, owned by the Cleveland, Cincinnati, Chicago and St. Louis Railway Company.