Wikipedia:WikiProject Trains/ICC valuations/New York, Chicago and St. Louis Railroad

Interstate Commerce Commission, Valuation Reports, Volume 38

Location and General Description of Property
The railroad of The New York, Chicago and St. Louis Railroad Company, herein called the Nickel Plate, is a standard-gage, steam railroad, located in New York, Pennsylvania, Ohio, Indiana, and Illinois. The owned railroad consists of a main line extending from Buffalo to Silver Creek, N.Y., and from Dunkirk, N.Y., to the Indiana-Illinois State line at Hammond, Ind., with a branch line from Sheffield to South Lorain, Ohio. It solely operates under lease 18.254 miles of railroad extending from Silver Creek to Dunkirk, N.Y., and from the Illinois Indiana State line at Hammond, Ind., to Chicago, Ill., thus forming a through line from Buffalo, N.Y., to Chicago, Ill., of which 76.231 miles at various locations are double-tracked. The principal cities served by the Nickel Plate are Buffalo and Dunkirk, N.Y., Erie, Pa., Conneaut, Ashtabula, Cleveland, Lorain, Bellevue, and Fostoria, Ohio, Fort Wayne, Valparaiso, and Hammond, Ind., and Chicago, Ill.

The Nickel Plate wholly owns 498.174 miles of road, all of which it uses. It also wholly uses 18.254 miles of road owned by other carriers, of which 7.784 miles are owned by the New York Central Railroad Company. The remaining road, owned by a lessor of the Nickel Plate, is described in the paragraph below.

The Nickel Plate wholly owns and uses 875.323 miles of all tracks, and wholly uses but does not own 68.433 miles of all tracks. These tracks, consisting of first, second, and other main tracks and yard tracks and sidings, are classified in the trackage table in Appendix 1. The Nickel Plate also jointly owns and uses with other carriers 0.110 undivided mile of all tracks, and jointly uses 0.349 undivided mile of all tracks of the Chicago and State Line, as shown in the trackage table in Appendix 1.

Economic Conditions Relating to Traffic
Farm development —The country traversed is largely fertile farming land, producing hay, grain, livestock, fruit, vegetables, poultry, dairy products, etc.

Industrial development —The manufacturing industry in the region served by this carrier is extensive and varied, the company serving the important manufacturing centers of the Chicago District, Cleveland, Ohio, and Buffalo, N.Y.

Physical Characteristics of Road
Grades —The maximum grade between Buffalo N.Y., and Conneaut, Ohio, is 1 per cent eastbound and 1 per cent westbound; between Conneaut and Bellevue, Ohio, 0.53 per cent eastbound and 0.68 per cent westbound; between Bellevue, Ohio, and Fort Wayne, Ind., 0.60 per cent eastbound and 0.75 per cent westbound; between Fort Wayne, Ind., and Stony Island Yard, Chicago, 0.74 per cent east bound and 0.82 per cent westbound, and between Stony Island Yard and Chicago, 1 per cent eastbound and 0.65 per cent westbound.

Curvature —The maximum curvature between Buffalo and Conneaut is 5° 3’; between Conneaut and Bellevue, 9° 6'; between Bellevue and Fort Wayne, 6°; between Fort Wayne and Stony Island Yard, Chicago, 3°, and between Stony Island Yard and Chicago, 10°.

Grading —The volume of grading on all lines is medium, averaging about 29,800 cubic yards to the mile. The work as a whole is easy except through the city of Cleveland, where grade crossing elimination and grade reduction involving overhead and underhead crossings necessitated grading averaging 134,000 cubic yards per mile. There is also grade elimination in Chicago.

Bridges, trestles, and culverts -The most important bridge crosses the Cuyahoga River and consists of 48 deck-plate girder spans, 1 through plate-girder span, 2 through-truss spans, 3 deck-truss spans, and 1 Scherzer rolling-lift span, totaling 2,990 feet in length, with concrete abutments and steel towers. There are four steel bridges owned jointly by the Nickel Plate and the Western New York and Pennsylvania Railway Company. The principal one of these is over Silver Creek. This bridge consists of 41 deck-plate girders with a total length of 1,738 feet on span abutments and piers. These are all double-track structures.

Ties —Oak, cedar, and pine are the principal woods used for ties, 10 per cent of which are treated. The number of ties per mile varies from 3,200 to 3,300.

Rail —The main line is laid mostly with 85-pound new Bessemer rail, other rail being 75-pound new Bessemer and 90-pound new open hearth. The side tracks are laid mostly with 65-pound new relay rail.

Ballast —Gravel is the principal material used for ballast in the main tracks. The yard tracks and sidings are ballasted almost entirely with cinders.

Right-of-way fences —The system as a whole is fenced. Nearly all of the fencing is of woven-wire type.

Crossings and signs —The more important grade crossings are protected by watchmen, gates, or electric alarm bells. The important streets are generally crossed by either overgrade or undergrade crossings.

Introductory
The Nickel Plate is a corporation of the States of New York, Pennsylvania, Ohio, and Indiana, having its principal office at Cleveland, Ohio. It is controlled by O. P. and M. J. Van Sweringen, of Cleveland, Ohio, through ownership of a majority of its capital stock. On the other hand, the company controls, through ownership of its entire capital stock, The Chicago and State Line Railroad Company, whose common-carrier property was being operated by the Nickel Plate when the property of the latter company was taken over for operation by the United States Railroad Administration, as stated below.

The property of the Nickel Plate was operated by its own organization from October 1, 1887, the date it took over its original road for operation, until December 31, 1917. On January 1, 1918, the common-carrier property operated by it was taken over for operation by the United States Railroad Administration, which still operates it on date of valuation.

Corporate History
The Nickel Plate was incorporated under the general laws of the States of New York, Pennsylvania, Ohio, and Indiana, through filing with the secretary of state of New York, September 27, 1887, and with the secretaries of state of Pennsylvania, Ohio, and Indiana, September 24, 1887, an agreement dated August 18, 1887, for the purpose of consolidating the property, rights, and franchises of The New York, Chicago and St. Louis Railroad Company, The Cleveland and State Line Railroad Company, and The Fort Wayne and Illinois Railroad Company. The date of organization of the Nickel Plate was September 24, 1887.

Pursuant to the above purpose, the Nickel Plate acquired at its organization the property, rights, and franchises of the three companies named. The Nickel Plate itself and those corporations, together with their predecessors, total 19 different corporations, of which one underwent a change of name, and comprise the line of corporate succession culminating in the Nickel Plate as at present constituted. The following chart shows the names of the corporations, the respective dates of incorporation, and for each predecessor the date of succession, the immediately succeeding corporation, and the manner of succession. Reference to each of these corporations is made in the last column by its respective number shown in the first column.

Development of Fixed Physical Property
The owned mileage of the Nickel Plate, 498.174 miles, was acquired by it as indicated hereunder:
 * By construction: 3.050 miles.
 * By consolidation: 503.230 miles.
 * Less:
 * Mileage abandoned, 7.780 miles.
 * Difference between total recorded mileage and mileage inventoried as of date of valuation, .326 miles.

Mileage inventoried as of date of valuation, 498.174 miles.

Of the 18 corporations that comprise the line of succession culminating in the Nickel Plate as at present constituted, only four corporations constructed any road or other common-carrier property. These companies were:
 * The New York, Chicago and St. Louis Railway Company.
 * The Cleveland, Fort Wayne and Chicago Railroad Company.
 * The Tiffin and Fort Wayne Railroad Company (First corporation).
 * The Ohio, Fort Wayne and Chicago Railway Company.

The property constructed by the above-named corporations and the Nickel Plate, the years when the various portions of the line were constructed, and the manner in which the Nickel Plate acquired the property, are indicated in the following table, wherein, to facilitate comparison with the table showing the corporate succession previously given, the same order of corporations is maintained.


 * Acquired by construction, Sheffield to South Lorain, Ohio, 1904, 3.050 miles.
 * Acquired by consolidation: 503.230 miles.
 * From The New York, Chicago and St. Louis Railroad Company (second corporation), constructed by The New York, Chicago and St. Louis Railway Company, from Buffalo Junction, N.Y., to Pennsylvania-Ohio State line, 1881-1882, 112.180 miles.
 * From The Cleveland and State Line Railroad Company, constructed partly by The Cleveland, Fort Wayne and Chicago Railroad Company, The Tiffin and Fort Wayne Railroad Company (first corporation) and completed by The New York, Chicago and St. Louis Railway Company, from Ohio-Pennsylvania State line to Ohio-Indiana State line, 1881-1882, 239.970 miles.
 * From The Fort Wayne and Illinois Railroad Company, constructed partly by The Ohio, Fort Wayne and Chicago Railroad Company, The Tiffin and Fort Wayne Railroad Company (first corporation) and completed by The New York, Chicago and St. Louis Railway Company, from Ohio-Indiana State line to Indiana-Illinois State line, 1881-1882, 151.080 miles.
 * Less:
 * Mileage between Silver Creek and Dunkirk, N.Y., acquired from The New York, Chicago and St. Louis Railroad Company (second corporation), abandoned, 7.780 miles.
 * Difference between net total recorded mileage and mileage inventoried as of date of valuation, .326 miles.

Mileage inventoried as of date of valuation, 498.174 miles.

Leased Railway Property
The property of the Nickel Plate, together with the property of others that it leased, devoted to common-carrier purposes, was taken over for operation by the United States Railroad Administration on January 1, 1918, and is so operated on date of valuation.

The arrangements of the Nickel Plate with other carriers, in effect December 31, 1917, covering the use of joint facilities, have been continued by the United States Railroad Administration during the period January 1, 1918, to date of valuation. The description of the property, the period and terms of use, and the rentals accrued and charged or credited to income for the year ending on date of valuation, are as follows:
 * Solely owned, but jointly used, used with—
 * The New York Central Railroad Company, tracks, 9.78 miles, part of South Lorain branch and yards; for indefinite period; rental 5 per cent per annum on valuation; operation divided on a car basis. $2,499.47 rental.
 * Bessemer and Lake Erie Railroad Company, tracks, 10.3 miles, from Esmer to Wallace Junction, Pa.; term 20 years; rental based on $1 per loaded car; 16⅔ cents per through passenger and 62 per cent of intermediate passenger revenue. $35,138.08 rental.
 * Solely leased, but jointly used, used with—
 * Chicago Short Line Railway Company, tracks 2.70 miles, from Ninety-fifth Street to One hundred and fourteenth Street, Chicago, Ill.; for indefinite period from Aug. 28, 1917. Rental received was not obtained. ---
 * Solely owned or leased, but jointly used, used with—
 * The New York Central Railroad Company, tracks, 14.5 miles from Osborne to Seventy first Street, Chicago, Ill.; for indefinite period from Dec. 27, 1912. Rental received was not obtained. ---
 * Solely used, but not owned, leased from—
 * The Chicago and State Line Railroad Company, entire property; term perpetual from Oct. 1, 1887; rental not to exceed $500 per annum; also, taxes, maintenance, and additions and betterments. $400.00 rental.
 * The New York Central Railroad Company and The Chicago, Rock Island and Pacific Railway Company, land, at Chicago, Ill.; for indefinite period; fixed rental of $20,119.12, subject to change on July 1 of any year; also taxes and assessments. $20,119.12 rental.
 * The New York Central Railroad Company, land, at Chicago, Ill., known as Twelfth and Eighteenth Street yards; for indefinite period; fixed rental of $49,880.88, subject to change on July 1 of each year; also taxes and assessments. $49,880.88 rental.
 * The New York Central Railroad Company, tracks, 7.784 miles, from Silver Creek to Dunkirk, N.Y.; term 99 years from Dec. 31, 1892, with privilege of purchase during term of lease for $100,000 or renewal; fixed rental of $5,000 per annum, also taxes and maintenance. $5,000.00 rental.
 * Jointly used, but not owned, owned by—
 * The Delaware, Lackawanna & Western Railroad Company, passenger station and terminals, at Buffalo, N.Y.; for indefinite period; fixed rental of $25,000 per annum; also 2 per cent on valuation of $149,717.52 and one-third of maintenance. $30,967.36 rental.
 * The New York Central Railroad Company, freight station and 10.3 miles of tracks, at Buffalo, N.Y.; for indefinite period from Apr. 26, 1916; rental 5 per cent on valuation of property plus a proportion, on tonnage basis, of operation; 50 cents for each engine and 20 cents for each car handled. $4,701.40 rental.
 * The New York Central Railroad Company, tracks, 1.86 miles, from Seventy-first Street to Englewood station, Chicago, Ill.; rental $1 per mile for passenger trains and $1.25 per mile for freight trains. The rental accrued is included with the rental accrued for the use of other property of The New York Central Railroad Company owned jointly with others, as detailed below, and is not separable. ---
 * The New York Central Railroad Company, The Chicago, Rock Island and Pacific Railway Company and the Pittsburgh, Fort Wayne and Chicago Railway Company, freight and passenger station, Englewood, Chicago, Ill.; annual rental one-fifth of 6 per cent interest on the value of station and grounds, also a proportion of taxes and maintenance divided on a wheelage basis. The rental accrued is included with the rental accrued for the use of other property of The New York Central Railroad Company owned jointly with others, as detailed below, and is not separable. ---
 * The New York Central Railroad Company and The Chicago, Rock Island and Pacific Railway Company:
 * Tracks, 6.40 miles, from Englewood to LaSalle Street station, Chicago, Ill.; for indefinite period from Apr. 1, 1909; rental $1 per mile per passenger train. The rental accrued is included with the rental accrued for the use of other property of The New York Central Railroad Company owned jointly with others, as detailed below, and is not separable. ---
 * Tracks, 8.25 miles, at Chicago, Ill.; for indefinite period from Apr. 1, 1909; rental $1.25 per train. The rental accrued is included with the rental accrued for the use of other property of The New York Central Railroad Company owned jointly with others, as detailed below, and is not separable. ---
 * Passenger station at LaSalle Street, Chicago, Ill.; for in definite period from Apr. 1, 1909; rental $8.10 for each train using station. $49,273.28 rental.
 * The rental stated above includes the rental accrued for the use of other property jointly owned by The New York Central Railroad Company and others as noted above.
 * Western New York and Pennsylvania Railway Company, tracks, 55.42 miles and facilities from Tifft Street, Buffalo to Brocton, N.Y. Double-track arrangements under agreement dated Dec. 12, 1917, for 10-year period. Rental 2.5 per cent in valuation of $1,711,313 plus additions and betterments. Each company pays taxes and maintains its own property. The rental paid was not obtained. ---

There are other facilities of minor importance, such as stations, interlockers, yard tracks, and sidings, in which the Nickel Plate grants or receives joint use, that are not listed in this chapter.

Lessor Company

 * Chicago and State Line

The New York, Chicago and St. Louis Railroad Company (Second Corporation)
The accounting records of The New York, Chicago and St. Louis Railroad Company (second corporation) were not obtained. Therefore, no information can be given from its accounts regarding its financial dealings, corporate operations, or investments. The records reviewed did not indicate whether the company was controlled by any individual or corporation on September 24, 1887, the date of its demise, or, on the other hand, whether it controlled any common-carrier corporation.

The property of the company was operated by the receiver of The New York, Chicago and St. Louis Railway Company from the date of acquirement thereof until date of demise. The railroad owned by The New York, Chicago and St. Louis Railroad Company (second corporation) on the date of its demise amounted to approximately 112.18 miles of standard-gage track, extending from Buffalo, N.Y., to the Pennsylvania-Ohio State line. Of the road owned by the company on the date of its demise, 68.21 miles had been acquired from The New York, Chicago and St. Louis Railroad Company (first corporation) and 43.97 miles from The Erie and State Line Railroad Company.

The Erie and State Line Railroad Company
The accounting records of The Erie and State Line Railroad Company were not obtained. Therefore, no information can be given from its accounts regarding its financial dealings, corporate operations, or investments. The records reviewed did not indicate whether the company was controlled by any individual or corporation on August 15, 1887, the date of its demise, or, on the other hand, whether it controlled any common-carrier corporation.

The property of this company was operated by the receiver of The New York, Chicago and St. Louis Railway Company from the date of acquirement thereof until date of demise. The railroad owned by The Erie and State Line Railroad Company on date of its demise amounted to approximately 43.97 miles of standard-gage track, extending from New York State line across the State of Pennsylvania to the Pennsylvania-Ohio State line. The entire 43.97 miles of railroad owned by the company on the date of its demise had been acquired from The New York, Chicago and St. Louis Railway Company.

The New York, Chicago and St. Louis Railroad Company (First Corporation)
The accounting records of The New York, Chicago and St. Louis Railroad Company (first corporation) were not obtained. Therefore, no information can be given from its accounts regarding its financial dealings, corporate operations, or investments. The records reviewed did not indicate whether the company was controlled by any individual or corporation on August 15, 1887, the date of its demise, or, on the other hand, whether it controlled any common carrier corporation.

The property of the company was operated by the receiver of The New York, Chicago and St. Louis Railway Company from the date of the acquirement thereof to date of demise. The railroad owned by The New York, Chicago and St. Louis Railroad Company (first corporation) on the date of its demise amounted to approximately 68.21 miles of standard-gage track, extending from Buffalo, N.Y., to the New York-Pennsylvania State line. The entire 68.21 miles of railroad owned by the company on the date of its demise had been acquired from The New York, Chicago and St. Louis Railway Company.

The Cleveland and State Line Railroad Company
The accounting records of The Cleveland and State Line Railroad Company were not obtained. Therefore, no information can be given from its accounts regarding its financial dealings, corporate operations, or investments. The records reviewed did not indicate whether the company was controlled by any individual or corporation on September 24, 1887, the date of its demise, or, on the other hand, whether it controlled any common-carrier corporation.

The property of the company was operated by the receiver of The New York, Chicago and St. Louis Railway Company, from the date of the acquirement thereof until date of demise. The railroad owned by The Cleveland and State Line Railroad Company on the date of its demise amounted to approximately 239.97 miles of standard-gage track, extending from the Pennsylvania-Ohio State line across the State of Ohio to the Ohio-Indiana State line. The entire 239.97 miles of railroad owned by the company on the date of its demise had been acquired from The New York, Chicago and St. Louis Railway Company.

The Fort Wayne and Illinois Railroad Company
The accounting records of The Fort Wayne and Illinois Railroad Company were not obtained. Therefore, no information can be given from its accounts regarding its financial dealings, corporate operations, or investments. The records reviewed did not indicate whether the company was controlled by any individual or corporation on September 24, 1887, the date of its demise, or, on the other hand, whether it controlled any common-carrier corporation. The property of the company was operated by the receiver of The New York, Chicago and St. Louis Railway Company, from the date of the acquirement thereof to date of demise. The railroad owned by The Fort Wayne and Illinois Railroad Company on the date of its demise amounted to approximately 151.08 miles of standard-gage track, extending from the Ohio-Indiana State line across the State of Indiana to the Illinois-Indiana State line. The entire 151.08 miles of railroad owned by the company on the date of its demise had been acquired from The New York, Chicago and St. Louis Railway Company.

The New York, Chicago and St. Louis Railway Company
Introductory

Although the property of The New York, Chicago and St. Louis Railway Company was sold at foreclosure on May 19, 1887, the accounts of the company and of the receiver, for the results of corporate operations, continued to September 30, 1887, and other accounts were not closed until that date. The records reviewed did not indicate whether The New York, Chicago and St. Louis Railway Company was controlled by any individual or corporation on May 19, 1887, the date of its demise, or, on the other hand, whether it controlled any common-carrier corporation.

The property of this company was operated by its own organization from the date it was placed in operation, October 1, 1882, until the receivership, March 28, 1885. From that date until the date of demise, the property was operated by a receiver. The railroad operated by the receiver of The New York, Chicago and St. Louis Railway Company on the date of demise was a single-track, standard-gage, steam railroad, located in New York, Pennsylvania, Ohio, Indiana, and Illinois. The owned mileage of this company amounted to 512.46 miles and consisted of a main line extending from Buffalo, N.Y., to Chicago, Ill. Leases of terminal property and trackage rights over 10.50 miles of road of other carriers afforded access to Buffalo, N.Y., and Chicago, Ill.

Development of Fixed Physical Property

The entire 512.46 miles of railroad owned by this company on date of demise had been acquired by construction, except certain right of way and roadbed that was acquired from The New York, Fort Wayne and Chicago Railroad Company. The construction work of The New York, Chicago and St. Louis Railway Company was all performed by Brown, Howard and Company, contractors. The records reviewed did not indicate whether the contractors were affiliated with the company. Further details with respect to the construction of this property are given in the chapter on development of fixed physical property in the report on the Nickel Plate.

The New York and Chicago Railway Company of Illinois
The accounting records of The New York and Chicago Railway Company of Illinois were not obtained. Therefore, no information can be given from its accounts regarding its financial dealings, corporate operations, or investments. The records reviewed did not indicate whether the company was controlled by any individual or corporation on April 12, 1881, the date of its demise, or, on the other hand, whether it controlled any common-carrier corporation. This company owned no common-carrier property on the date of its demise.

The New York and Chicago Railway Company of Indiana
The accounting records of The New York and Chicago Railway Company of Indiana were not obtained. Therefore, no information can be given from its accounts regarding its financial dealings, corporate operations, or investments. The records reviewed did not indicate whether the company was controlled by any individual or corporation on April 12, 1881, the date of its demise, or, on the other hand, whether it controlled any common-carrier corporation. This company owned no common-carrier property on the date of its demise.

The New York and Chicago Railway Company of Ohio
The accounting records of The New York and Chicago Railway Company of Ohio were not obtained. Therefore, no information can be given from its accounts regarding its financial dealings, corporate operations, or investments. The records reviewed did not indicate whether the company was controlled by any individual or corporation on April 12, 1881, the date of its demise, or, on the other hand, whether it controlled any common-carrier corporation. This company owned no common-carrier property on the date of its demise.

The Buffalo, Cleveland and Chicago Railway Company of Pennsylvania
The accounting records of The Buffalo, Cleveland and Chicago Railway Company of Pennsylvania were not obtained. Therefore, no information can be given from its accounts regarding its financial dealings, corporate operations, or investments. The records reviewed did not indicate whether the company was controlled by any individual or corporation on April 12, 1881, the date of its demise, or, on the other hand, whether it controlled any common-carrier corporation. This company owned no common-carrier property on the date of its demise.

The Buffalo, Cleveland and Chicago Railway Company of New York
The accounting records of The Buffalo, Cleveland and Chicago Railway Company of New York were not obtained. Therefore, no information can be given from its accounts regarding its financial dealings, corporate operations, or investments. The records reviewed did not indicate whether the company was controlled by any individual or corporation on April 12, 1881, the date of its demise, or, on the other hand, whether it controlled any common-carrier corporation. This company owned no common-carrier property on the date of its demise.

The New York, Fort Wayne and Chicago Railroad Company
The accounting records of The New York, Fort Wayne and Chicago Railroad Company were not obtained. Therefore, no information can be given from its accounts regarding its financial dealings, corporate operations, or investments. The records reviewed did not indicate whether the company was controlled by any individual or corporation on May 12, 1881, the date of its demise, or, on the other hand, whether it controlled any common-carrier corporation. This company owned on the date of its demise some right of way, located in the States of Ohio and Indiana, on which some grading had been done. All of this property had been acquired from The Ohio Railway Company and The Ohio, Fort Wayne and Chicago Railway Company.

The Ohio Railway Company— Predecessor of the New York, Fort Wayne and Chicago Railroad Company
The accounting records of The Ohio Railway Company were not obtained. Therefore, no information can be given from its accounts regarding its financial dealings, corporate operations, or investments. The records reviewed did not indicate whether the company was controlled by any individual or corporation on December 7, 1880, the date of its demise, or, on the other hand, whether it controlled any common-carrier corporation. This company owned on the date of its demise some right of way, located in the State of Ohio, on which some grading had been done. All of this property had been acquired from The Cleveland, Fort Wayne and Chicago Railroad Company.

The Cleveland, Fort Wayne and Chicago Railroad Company— Predecessor of The Ohio Railway Company
The accounting records of The Cleveland, Fort Wayne and Chicago Railroad Company were not obtained. Therefore, no information can be given from its accounts regarding its financial dealings, corporate operations, or investments. The records reviewed did not indicate whether the company was controlled by any individual or corporation on August 29, 1879, the date of its demise, or on the other hand, whether it controlled any common-carrier corporation. This company owned on the date of its demise certain right of way, extending from a point on the west line of the State of Ohio, easterly to the town of Hudson, Ohio, with an unknown amount of grading performed thereon. A portion of this right of way, with a certain amount of grading, was acquired from W. R. Smith and R. G. Pennington, who had purchased it at foreclosure from the American Central Railway. The Cleveland, Fort Wayne and Chicago Railroad Company performed an unknown amount of grading on its road but none had been completed on the date of its demise.

American Central Railway and The Tiffin and Fort Wayne Railroad Company (third corporation)— Predecessors of The Cleveland, Fort Wayne and Chicago Railroad Company
The accounting records of the American Central Railway were not obtained. Therefore, no information can be given from its accounts regarding its financial dealings, corporate operations, or investments. The records reviewed did not indicate whether the company was controlled by any individual or corporation on August 12, 1864, the date of its demise, or, on the other hand, whether it controlled any common-carrier corporation. This company owned on the date of its demise an unknown amount of right of way for a proposed line of railroad between Tiffin, Ohio, and Fort Wayne, Ind., on which some grading had been done. All of this property had been acquired from The Tiffin and Fort Wayne Railroad Company (first corporation).

The Tiffin and Fort Wayne Railroad Company (second corporation)— Predecessor of The Tiffin and Fort Wayne Railroad Company (third corporation)
The accounting records of this company were not obtained. Therefore no information can be given from its accounts regarding its financial dealings, corporate operations, or investments. The records reviewed did not indicate whether the company was controlled by any individual or corporation on August 14, 1856, the date of its demise, or, on the other hand, whether it controlled any common-carrier corporation. No construction work was performed by this company.

The Tiffin and Fort Wayne Railroad Company (first corporation)— Predecessor of The Tiffin and Fort Wayne Railroad Company (third corporation)
The accounting records of this company were not obtained. Therefore no information can be given from its accounts regarding its financial dealings, corporate operations, or investments. The records reviewed did not indicate whether the company was controlled by any individual or corporation on August 14, 1856, the date of its demise, or, on the other hand, whether it controlled any common-carrier corporation. This company owned on the date of its demise some right of way on which some grading had been done. The records reviewed did not indicate whether the work was performed by company forces or by contract.

The Ohio, Fort Wayne and Chicago Railway Company— Predecessor of The New York, Fort Wayne and Chicago Railroad Company
The accounting records of this company were not obtained. Therefore no information can be given from its accounts regarding its financial dealings, corporate operations, or investments. The records reviewed did not indicate whether the company was controlled by any individual or corporation on December 7, 1880, the date of its demise, or, on the other hand, whether it controlled any common-carrier corporation. This company owned on the date of its demise some right of way, located in the State of Indiana on which some grading had been done. The records reviewed did not indicate whether the work was performed by company forces or by contract.