Wikipedia:WikiProject Trains/ICC valuations/Chicago and Calumet River Railroad

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Location and general description of property.—The railroad of the Chicago and Calumet River Railroad Company, herein called the carrier, is a single-track, standard-gauge, steam-powered, switching road, located in the South Chicago district, extending from Burnham to Hegewisch, Ill. The company owns 1.120 miles of main track and 4.988 miles of yard tracks and sidings. Its road thus embraces 6.108 miles of all tracks owned and used. A portion of the tracks at Hegewisch is located upon right of way owned by The New York, Chicago and St. Louis Railroad Company. In addition, the carrier has trackage rights over 9.1 miles of the road of the Chicago and Western Indiana Railroad Company between Burnham and Eighty-third Street, Chicago, Ill., and also over certain storage-yard tracks owned by another carrier, as shown in the chapter on leased railway property in Appendix 2. The carrier is an industrial switching carrier. Its principal business is switching between various industries and connecting railroads, and the principal industry served is the Western Steel Car & Foundry Company which controls the railroad.

CORPORATE HISTORY

The carrier was incorporated August 12, 1901, under the general laws of the State of Illinois, for the purpose of constructing a railroad from Chicago, Ill., to Hammond, Ind., with such branches as deemed necessary. The date of organization of the carrier was July 21, 1903.

DEVELOPMENT OF FIXED PHYSICAL PROPERTY