Wikipedia:WikiProject Trains/ICC valuations/Rumford Falls and Rangeley Lakes Railroad

Interstate Commerce Commission, Valuation Reports, Volume 30

Location and General Description of Property
The railroad of Rumford Falls and Rangeley Lakes Railroad Company, herein called the Rumford Falls and Rangeley Lakes, is a single-track, standard-gage, steam railroad, located in the southwestern part of Maine. The owned mileage extends northerly from Rumford to Oquossoc, a distance of 35.975 miles. The Rumford Falls and Rangeley Lakes also owns yard and side tracks totaling 8.048 miles. Its road thus embraces 44.023 miles of all tracks owned. All of its property is leased to the Portland and Rumford Falls Railroad which subleases it to the carrier for operation.

Corporate History
The Rumford Falls and Rangeley Lakes was incorporated on August 20, 1894, under the general laws of the State of Maine. Its principal office is at Portland, Me. On April 4, 1907, the Rumford Falls and Rangeley Lakes leased its property to the Portland and Rumford Falls Railroad, which, on May 1, 1907, subleased it to the carrier. The carrier has operated the property since the latter date.

The detailed facts as to the development of the fixed physical property are given in Appendix 2.

Development of Fixed Physical Property
Shortly after its incorporation, the Rumford Falls and Rangeley Lakes began construction of a railroad between Rumford and Houghton, Me., and at later dates extended its line from Houghton to Bemis, Me., and then to a point north of Oquossoc, Me., all the work being done by independent contractors. On January 4, 1912, it sold that part of its line north of Oquossoc to the Rangeley Lakes and Megantic Railroad Company, after which transaction it owned 36.32 miles of road. The termini, dates of completion of construction, and mileage of road, were as follows: