Wikipedia:WikiProject Trains/ICC valuations/Frankfort and Cincinnati Railway
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The Frankfort & Cincinnati Railway Company, hereinafter called the carrier, is a single-track standard-gauge steam railroad, located in the central part of Kentucky. The owned mileage extends from Frankfort in a westerly direction to Paris, Ky., a distance of 39.668 miles. The carrier also owns and uses 6.397 miles of yard tracks and sidings. Its road thus embraces 46.065 miles of all tracks owned.
- CORPORATE HISTORY
The carrier was incorporated February 27, 1897, under the general laws of the State of Kentucky, for the purpose of owning and operating a railroad from Frankfort to Paris, Ky., to build extensions to said road, and to exercise all rights, privileges, and franchises of the Kentucky Midland Railway Company. [...]
| No. | Name | Incorporation | Succession |
|---|---|---|---|
| 1. | Frankfort and Cincinnati Railway Company. | Under general laws of Kentucky, Feb. 27, 1897. | |
| 2. | Kentucky Midland Railway Company. | See 3. | Sold at foreclosure Jan. 4, 1897, confirmed Jan., 1897 and 1896[?]; deed of conveyance Jan. 24, 1899, to 1. |
| 3. | Paris, Georgetown and Frankfort Rail Road Company, consolidated. | Under general laws of Kentucky through articles of consolidation, dated Feb. 14, 1881. | Name changed to 2 Feb. 24, 1888. |
| 4. | Paris, Georgetown and Frankfort Rail Road Company. | Under special act of Kentucky, approved Mar. 23, 1871. | Consolidated Feb. 14, 1881, with 5 to form 3. |
| 5. | Frankfort, Paris and Big Sandy Railroad Company. | Under special act of Kentucky, approved Mar. 18, 1871. | Consolidated Feb. 14, 1881, with 4 to form 3. |
- DEVELOPMENT OF FIXED PHYSICAL PROPERTY
The owned mileage of the carrier, amounting to 39.668 miles, was all acquired by purchase after foreclosure.