Wikipedia:WikiProject Trains/ICC valuations/Schuylkill Valley Navigation and Railroad Company

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The President, Managers and Company of the Schuylkill Valley Navigation and Railroad Company, herein called the Schuylkill Valley Navigation and Railroad, is a partly double-track line extending from Palo Alto to Tuscarora, Pa., a distance of 17.673 miles, including a principal branch from Tuscarora to Newkirk, Pa., together with 10 short branches or spurs to coal mines.

CORPORATE HISTORY

The Schuylkill Valley Navigation and Railroad was incorporated on June 17, 1829, by a special act of Pennsylvania entitled "An Act to Authorize the Government[sic] to Incorporate the Schuylkill Valley Navigation Company." The company was organized on the same date.

DEVELOPMENT OF FIXED PHYSICAL PROPERTY

The mileage owned by the Schuylkill Valley Navigation and Railroad, amounting to 17.073 miles, was acquired by construction and by purchase. The records indicate that about 14 miles of the road were originally constructed for horse operation, and opened in 1830. This section was reconstructed for steam operation in 1845 and 1846. In 1852 the Tuscarora Branch, about 3 miles in length, was purchased from individual owners.

HISTORY OF CORPORATE FINANCING