Wikipedia:WikiProject Trains/ICC valuations/Providence, Warren and Bristol Railroad
Interstate Commerce Commission, Valuation Reports, Volume 30
Providence, Warren and Bristol Railroad
[edit]Location and General Description of Property
[edit]The railroad of the Providence, Warren and Bristol Railroad Company, herein called the Providence, Warren and Bristol, is a standard-gage, steam railroad, located in the State of Rhode Island. The owned mileage extends from India Street, in Providence, to Bristol and consists of 14.419 miles of first main track, 9.517 miles of second and other main tracks, and 7.678 miles of yard tracks and sidings, aggregating 31.614 miles of all tracks. All of this property is operated by the carrier, as lessee through the Old Colony Railroad Company.
Introductory
[edit]All of the records of the predecessors of the Providence, Warren and Bristol were missing and no information concerning them was obtained. The accounting records of the Providence, Warren and Bristol prior to November 30, 1855, were not obtainable.
Corporate History
[edit]The following chart shows the names of the corporations, the respective dates of incorporation, and for each predecessor the date of succession, immediately succeeding corporation, and the manner of succession. Reference to each of these corporations is made in the last column by its respective number shown in the first column.
| No. | Name | Incorporation | Succession |
|---|---|---|---|
| 1 | Providence, Warren and Bristol Railroad Company. | Nov. 18, 1854. | |
| 2 | Providence, Warren and Bristol Railroad Company (R.I.). | See 3. | United with 4 to form 1, November 16, 1854. |
| 3 | Providence and Bristol Railroad Company (R.I.). | In Rhode Island, Nov. 1, 1850. | Name changed to 2, June 25, 1852. |
| 4 | Providence, Warren and Bristol Railroad Company (Mass.). | See 5. | United with 2 to form 1, Nov. 16, 1854. |
| 5 | Providence and Bristol Railroad Company (Mass.). | In Massachusetts, May 23, 1851. | Name changed to 4, Mar. 24, 1853. |
The union had been authorized in the act of incorporation of the Providence and Bristol Railroad Company (R.I.) and the Providence and Bristol Railroad Company (Mass.).
Development of Fixed Physical Property
[edit]On date of valuation the Providence, Warren and Bristol owned 14.419 miles of railroad, extending from India Street, in Providence, to Bristol, R.I. The road, which was acquired by construction and opened for operation on July 12, 1855, originally extended from Providence, R.I., through the town of Seekonk, Mass. (now East Providence, R.I.) to Bristol, R.I. In 1862 the State line between Massachusetts and Rhode Island was changed, and since then the property owned by the Providence, Warren and Bristol has been located entirely in Rhode Island.
Leased Railway Property
[edit]Prior to February 1, 1860, the property of the Providence, Warren and Bristol was operated by the Boston and Providence, and from the above date to July 1, 1891, by the Providence, Warren and Bristol. On the latter date the Old Colony Railroad leased the property for a period of 95 years and 9 months, and continued operations until March 1, 1893, when it transferred the lease to the carrier. The details of the lease have been hereinbefore explained, in the report on the carrier.