Wikipedia:WikiProject Trains/ICC valuations/Rocky Mountain and Santa Fe Railway

Interstate Commerce Commission, Valuation Reports, Volume 127

Location and General Description of Property
The railroad of Rocky Mountain and Santa Fe Railway Company, hereinafter called the Rocky Mountain and Santa Fe Railway, is a single-track line, located entirely within the State of New Mexico. The property consists of a main line extending from Des Moines to Ute Park, with branches from Clifton House to Raton and from Koehler Junction to Koehler, and aggregates 105.191 miles of road.

Introductory
The Rocky Mountain and Santa Fe Railway is a corporation of the State of New Mexico, having its principal office at Raton, N. Mex. While the present name of this company is that given above, it was originally incorporated as the St. Louis, Rocky Mountain and Pacific Railway Company, which was later changed. It is controlled by the Santa Fe through ownership of the entire capital stock. On the other hand, the records reviewed indicate that this company itself does not control any other common-carrier corporation. The property of the Rocky Mountain and Santa Fe Railway was operated by its own organization from July 1, 1907, the date the road was acquired by it for operation, to June 30, 1915. Since July 1, 1915, it has been operated under lease by the Santa Fe.

Corporate History
The Rocky Mountain and Santa Fe Railway was incorporated June 26, 1905, under the general laws of the Territory of New Mexico, under the name St. Louis, Rocky Mountain and Pacific Railway Company. On March 10, 1915, the name was changed to the Rocky Mountain and Santa Fe Railway Company.

Development of Fixed Physical Property
The mileage owned by the Rocky Mountain and Santa Fe Railway, amounting to 105.191 miles, was constructed for it during the years from 1905 to 1907, inclusive, and was completed in sections on the dates indicated below.

The construction work was performed under contract by the St. Louis Construction and Equipment Company, an affiliated company. The road was taken over for operation by the Rocky Mountain and Santa Fe Railway on July 1, 1907.

Leased Railway Property
The entire property of the Rocky Mountain and Santa Fe Railway is leased to the Santa Fe for a term of 10 years from July 1, 1915. The terms of the lease and the rental accrued for the year ending on date of valuation are given in the section on leased railway property in the report on the Santa Fe.