Wikipedia:WikiProject Trains/ICC valuations/Seattle, Port Angeles and Western Railway

Interstate Commerce Commission, Valuation Reports, Volume 44

Location and General Description of Property
The railroad of the Seattle, Port Angeles & Western Railway Company, herein called the Seattle, Port Angeles & Western, is a single-track, standard-gage, steam railroad, located in northwestern Washington. The main line extends westerly from Discovery Junction to a point beyond Twin Rivers, a distance of 71.511 miles. The company also owns 13.529 miles of yard tracks and sidings. Its road thus embraces 85.040 miles of all tracks owned and used.

Corporate History
The Seattle, Port Angeles & Western was incorporated January 20, 1915, under the general laws of Washington, to acquire and operate railroad property, including that in process of construction by the Seattle, Port Angeles and Lake Crescent Railway. The date of organization was January 21, 1915.

The Seattle, Port Angeles and Lake Crescent Railway was incorporated November 27, 1911, under the general laws of Washington as the Port Ludlow, Port Angeles and Lake Crescent Railway. Its name was changed December 19, 1911, and its property, rights, and franchises sold to the Seattle, Port Angeles & Western on January 25, 1915.

Development of Fixed Physical Property
The owned mileage, 71.511 miles, was acquired partly by purchase on January 25, 1915, from its predecessor, and partly by construction. The property acquired from the predecessor was under construction when purchased. The several sections were opened for operation as follows: Port Angeles to Majestic, January 1915 23.60 miles; Discovery Junction to Port Angeles, 1915-16, 38.20 miles; Majestic to beyond Twin Rivers, 1916-17, 6.77 miles; total mileage, 68.57. The mileage inventoried is 71.511 miles. Under a contract the St. Paul supervised the construction of the road.

Leased Railway Property
The Seattle, Port Angeles & Western on date of valuation leases to others certain track material valued at $16,764.43.

According to the company's report upon its corporate history, it has trackage rights from Discovery Junction to Port Townsend, Wash., a distance of 12.3 miles, over tracks owned by the Port Townsend Southern Railroad Company (Port Townsend & Puget Sound Railway Company, Lessee).

Seattle, Port Angeles and Lake Crescent Railway—Name Changed from Port Ludlow, Port Angeles and Lake Crescent Railway
The Seattle, Port Angeles and Lake Crescent Railway did not maintain any accounting records. The information given below was obtained from its corporate records. This company never issued any capital stock, and it has not been ascertained whether any individual, association, or corporation controlled it on January 25, 1915, date of sale of its property, rights, and franchises to the Seattle, Port Angeles & Western.

The Seattle, Port Angeles and Lake Crescent Railway contracted with other corporations for the construction of a railroad, but it had received no property for operation and had made no payments for construction on date of its demise. Further details respecting the construction are given in the report on the Seattle, Port Angeles & Western, which took over this demised company's interests and contracts.