Wikipedia:WikiProject Trains/ICC valuations/Wabash, Chester and Western Railroad
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The railroad of The Wabash, Chester and Western Railroad Company, hereinafter called the carrier, is a single-track standard-gauge steam railroad, located in southwestern Illinois. The main line extends northeasterly from Menard, near Chester, to Mount Vernon, a distance of 64.811 miles. The carrier also owns 6.806 miles of yard tracks and sidings. Its road thus embraces 71.617 miles of all tracks wholly owned and used.
- 1. The Wabash, Chester and Western Railroad Company. Under general laws of Illinois, Feb. 20, 1878.
- 2. The Iron Mountain, Chester and Eastern Railroad Company. Incorporated as a consolidation of 3 and 4, about July 24, 1873; no other information obtained. Sold at foreclosure Feb. 28, 1878, after receivership begun some time in 1876, and terminated Mar. 31, 1878; acquired Mar. 29, 1878, by 1.
- 3. Chester and Iron Mountain Railroad Company. Under a Missouri charter, the date or its provisions not determined. Consolidated July 24, 1873, with 4 to form 2.
- 4. The Chester and Tamaroa Coal and Railroad Company. By special act of Illinois, approved May 4, 1869. Consolidated July 24, 1873, with 3 to form 2.
- 5. Chester and Kaskaskia Railroad Company. Under general laws of Illinois, Oct. 25, 1877. Sold to 1, Mar. 29, 1878.
- 6. Tamaroa and Mt. Vernon Railway Company. Under general laws of Illinois, Sept. 4, 1891. Sold to 1, Dec. 23, 1892.
- DEVELOPMENT OF FIXED PHYSICAL PROPERTY
The owned mileage of the carrier, amounting to 64.811 miles, was all acquired by purchase. The names of the corporations which constructed the property, and the dates of construction, are indicated below.
- Acquired by purchase from The Iron Mountain, Chester and Eastern Railroad Company, Mar. 29, 1878, constructed by The Chester and Tamaroa Coal and Railroad Company, Chester to Tamaroa, Ill., completed March, 1872 41.000
- Acquired by purchase from the Chester and Kaskaskia Railroad Company, Mar. 29, 1878, constructed by that company, Chester to Menard, Ill., constructed between Nov. 1, 1877, and Mar. 29, 1878 1.000
- Acquired by purchase from the Tamaroa and Mt. Vernon Railway Company, Dec. 23, 1892, constructed by that company, Tamaroa to Mount Vernon, 111., completed in 1892 22.000
- Total 64.000
- Difference between recorded mileage and mileage inventoried as of date of valuation 0.811
- Mileage inventoried as of date of valuation 64.811
- HISTORY OF CORPORATE FINANCING