Wikipedia:WikiProject Trains/ICC valuations/South Chicago and Southern Railroad

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South Chicago & Southern Railroad
South Chicago & Southern Railroad Company, herein called the South Chicago & Southern, a single-track railroad extending from South Chicago, Ill., to Pine, Ind., 12.629 miles, from Colehour, Ill., to Bernice, Ill., 9.288 miles, and from Hammond Junction, Ind., to the Indiana-Illinois line, 0.920 miles, or 22.837 miles in all.

Introductory
The South Chicago & Southern is a corporation of the State of Illinois, having its principal office at Chicago, Ill. It is controlled by the Pennsylvania Company through ownership of the entire outstanding capital stock. On the other hand, the records do not indicate that the company controls any carrier corporation. The property extending from the Indiana-Illinois State line to a point near Pine, Ind., about 6.14 miles, has been operated jointly, under agreement, by the Pennsylvania Company and the Chicago Terminal Transfer Railroad Company, and the latter's successor, The Baltimore and Ohio Chicago Terminal Railroad Company, since the date of consolidation. The remainder of the property has been operated by the Pennsylvania Company, without written agreement, since the date of consolidation.

Corporate History
The South Chicago & Southern was incorporated on June 5, 1901, under the general laws of Illinois, and represents a consolidation of the properties of The South Chicago and Southern Railroad Company (1881), the State Line and Indiana City Railway Company and The Calumet River Railway Company. The South Chicago and Southern (1881) entered into an agreement of consolidation with the Calumet River Railway on February 5, 1901, and on the same date entered into an agreement of merger and consolidation with the State Line and Indiana City. The latter agreement was filed on June 5, 1901, with the secretary of state of the State of Indiana, who issued on the same date a certificate of merger and consolidation, forming the South Chicago & Southern. To complete the South Chicago & Southern's chain of title, the Calumet River Railway and the State Line and Indiana City also conveyed their property, rights and franchises to the South Chicago and Southern by separate deeds of March 1, 1904. The accounts of the three predecessors were continued to June 30, 1901, and the accounts of the South Chicago & Southern were opened on July 1, 1901. For this reason the latter date has been considered, for accounting purposes, the date of consolidation. The organization of the South Chicago and Southern (1881) was continued by the South Chicago & Southern. The three constituent companies had been incorporated under the general laws of their respective States, the South Chicago and Southern (1881) in Illinois on September 13, 1881, the Calumet River Railway in Illinois on March 5, 1883, and the State Line and Indiana City in Indiana on July 25, 1887.

Development of Fixed Physical Property
Of the property owned by the South Chicago & Southern on date of valuation approximately 22 miles had been acquired in the consolidation of 1901 and approximately 1 mile by construction. The companies by which the several sections of the property were constructed and the years in which construction was completed are indicated in the following table:


 * From the South Chicago and Southern Railroad Company (1881):
 * Colehour to Bernice, Ill., 1887. 9
 * Hegewisch, Ill., to Illinois-Indiana State line, 1887. 1
 * 10
 * From The Calumet River Railway Company, South Chicago to Hegewisch, 1ll., 1895. 4
 * State Line and Indiana City Railway Company:
 * Illinois-Indiana State line to East Chicago, Ind., 1888. 4
 * Illinois-Indiana State line to Hammond Junction, Ind., 1888. 1
 * East Chicago to Clarke Junction, Ind., 1893. 3
 * 8
 * Total acquired from others. 22
 * Acquired by construction, Clarke Junction to Pine, Ind., 1903. 1
 * Approximate road mileage owned on date of valuation. 23

With the exception of the property of the Calumet River Railway, which was constructed by a nonaffiliated contractor, all of the above mileage was constructed for the respective companies by company forces of the Pennsylvania Company.

Leased Railway Property
That part of the property of the South Chicago & Southern extending from the Indiana-Illinois State line to a point near Pine, Ind., a distance of about 6.14 miles, was operated jointly, under agreement, by the Pennsylvania Company and the Chicago Terminal Transfer Railroad Company or its successor, The Baltimore and Ohio Chicago Terminal Railroad Company, from the date of consolidation to date of valuation. The remainder of its property has been operated since the date of consolidation by the Pennsylvania Company, without written agreement.

The South Chicago and Southern Railroad Company (1881)
Introductory

This company, an Illinois corporation, was controlled on February 5, 1901, the date of consolidation, by the Pennsylvania Company through ownership of the entire outstanding capital stock. It owned on date of demise about 10 miles of single-track, standard-gauge, steam railroad, all in Illinois, extending from a connection with the tracks of the Pittsburgh, Fort Wayne and Chicago at Colehour in a general southeasterly direction to Bernice, about 9 miles, and from a junction at Hegewisch easterly about 1 mile to a connection at the Illinois-Indiana State line with the tracks of the State Line and Indiana Railway Company. The property was operated from the date of its completion in 1887, to the date of demise, by the Pennsylvania Company without written agreement.

State Line and Indiana City Railway Company
Introductory

This company, an Indiana corporation, was controlled on February 5, 1901, the date of consolidation by, the Pennsylvania Company through ownership of the entire outstanding capital stock. It owned on date of demise about 8 miles of single-track, standard-gauge, steam railroad, all in Indiana, extending from Clarke Junction westerly about 7 miles to a point on or near the Indiana-Illinois State line, and from Hammond Junction northwesterly about 1 mile to a point of the Indiana-Illinois State line east of Hegewisch, Ill., where it connected with the line of The South Chicago and Southern Railroad Company (1881).

This property was operated by the Pennsylvania Company, either solely or jointly with other carriers, from the respective dates of completion in 1888 and 1893 to the date of demise, without written agreement. The Pennsylvania Company exclusively operated the road from the Indiana-Illinois State line to East Chicago from 1888 to 1893, and the road from the Indiana-Illinois State line to Hammond Junction from 1893 to the date of demise. The line from the Indiana-Illinois State line to Clarke Junction and a track owned by the Chicago and Calumet Terminal Railway Company between the State line and Pine were operated jointly as double tracks by the last-named company and the Pennsylvania Company from 1893 to June 3, 1897, and by the Pennsylvania Company and the Chicago Terminal Transfer Railroad Company from June 4, 1897, to the date of demise.

The Calumet River Railway Company
Introductory

This company, an Illinois corporation, was controlled on February 5, 1901, the date of consolidation, by the Pennsylvania Company through ownership of the entire outstanding capital stock. It owned on date of demise about 4 miles of railroad, extending from a junction with the Pittsburgh, Fort Wayne and Chicago at a point near One-hundredth Street, South Chicago, Ill., to a connection with the tracks of The South Chicago and Southern Railroad Company (1881) at a point near Hegewisch, Ill. The property was operated by the Pennsylvania Company from date of completion, September 16, 1895, to the date of demise.