Wikipedia:WikiProject Trains/ICC valuations/New York and Pennsylvania Railway
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| No. | Name | Incorporation | Succession |
|---|---|---|---|
| 1. | New York and Pennsylvania Railway Company (third corporation). | Incorporated under the general laws of New York and Pennsylvania through agreement of consolidation dated March 15, 1920; filed in Pennsylvania, November 26, 1920. Date filed in New York not ascertained. | |
| 2. | New York and Pennsylvania Railway Company (second corporation). | Incorporated under the general laws of New York and Pennsylvania through agreement of consolidation dated May 11, 1904; effective for accounting purposes July 1, 1904. | Consolidated November 26, 1920, with 6 to form 1. |
| 3. | New York and Pennsylvania Railway Company (first corporation). | Incorporated under the general laws of New York through certificate of incorporation and reorganization, dated March 1, 1904; filed March 7, 1904. | Consolidated and merged July 1, 1904, with 4 and 5 to form 2. |
| 4. | Sharon & Ceres Terminal Railroad Company. | Incorporated under the general laws of New York, through certificate of incorporation filed April 28, 1904. | Consolidated and merged July 1, 1904, with 3 and 5 to form 2. |
| 5. | Sharon & Ceres Railroad Company. | Incorporated under the general laws of Pennsylvania July 18, 1901. | Consolidated and merged July 1, 1904, with 3 and 4 to form 2. |
| 6. | Oswayo Valley Railroad Company. | Incorporated under the general laws of Pennsylvania, date not ascertained. | Consolidated November 26, 1920, with 2 to form 1. |
| 7. | New York and Pennsylvania Railroad Company. | Incorporated under the general laws of New York through articles of association dated June 22, 1895, amended September 23, 1895; filed in New York June 22, 1896, in Pennsylvania June 27, 1896. | Sold at foreclosure May 24, 1902, after receivership begun February 5, 1902; conveyed June 6, 1902, to Fordyce A. and Howard Cobb, and conveyed by them to 3 on March 10, 1904, but receiver retained possession until July 1, 1904. |
| 8. | Olean, Oswayo & Eastern Railroad Company. | Incorporated under the general laws of Pennsylvania, October 20, 1892, | Merged into 7, June 30, 1896, under agreement dated June 22, 1896. |
- DEVELOPMENT OF FIXED PHYSICAL PROPERTY
The road owned by the carrier was acquired through consolidation and merger of July 1, 1904. Records obtained do not indicate that the Oswayo Valley Railroad Company, consolidated November 26, 1920, owned any property.
The recorded mileage owned by the carrier is 56.21 miles; 51.73 miles were acquired from the New York and Pennsylvania Railway Company (first corporation), of which the New York and Pennsylvania Railroad Company constructed 28.02 miles in 1897 from Canisteo, N. Y., to Genesee, Pa., 5.81 miles in 1900 from Oswayo to Millport, Pa., 4.75 miles in 1901 from Millport to Shinglehouse, Pa., and the Olean, Oswayo & Eastern Railroad Company, constructed during 1893-95 13.15 miles from Genesee to Oswayo, Pa. 0.22 mile was acquired from the Sharon & Ceres Terminal Railroad Company, constructed by it in 1904 from the Pennsylvania-New York State line to Ceres, N. Y., and 4.26 miles were acquired from the Sharon & Ceres Railroad Company, constructed by it in 1901 from Shinglehouse, Pa., to New York-Pennsylvania State line, near Ceres.
The mileage inventoried as of date of valuation is 56.190 miles making a difference between that recorded and that inventoried as of date of valuation of 0.020 mile.
- HISTORY OF CORPORATE FINANCING