Wikipedia:WikiProject Trains/ICC valuations/Pittsburgh, Lisbon and Western Railroad
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Location and general description of property.—The railroad of The Pittsburgh, Lisbon & Western Railroad Company, hereinafter called the carrier, is a single-track standard-gauge steam railroad, located in Ohio and Pennsylvania. The owned mileage extends in a northeastwardly direction from Lisbon, Ohio, to New Galilee, Pa., with a branch from Cannelton, Pa., to certain mines and other industries in that State. The carrier wholly owns and uses 30.939 miles of all tracks, which are classified in the trackage table in Appendix 1.
| No. | Name | Incorporation | Succession |
|---|---|---|---|
| 1. | The carrier. | Under general laws of Pennsylvania and Ohio, Nov. 11 and 12, 1902, respectively. | |
| 2. | The Pittsburgh, Lisbon & Western Railroad Company (first corporation). | Under general laws of Ohio, Oct. 1, 1902. | Consolidated Nov. 11, 1902, with 12 to form 1. |
| 3. | The Pittsburgh, Lisbon & Western Railway Company. | Under general laws of Ohio, Apr. 16, 1896. | Sold to 2, Oct. 20, 1902. |
| 4. | The Pittsburgh, Marion and Chicago Railway Company. | Under general laws of Ohio and Pennsylvania through articles of consolidation filed in those States Feb. 13, 1886. | Sold at sheriff's sale Apr. 13, 1896, to purchasing committee, and acquired Apr. 16, 1896, by 3. |
| 5. | The Pittsburgh, Marion & Chicago Railway Company. | Under general laws of Ohio, Nov. 19, 1885. | Combined Feb. 12, 1886, with 6 to form 4. |
| 6. | The Wampum & State Line Railway Company. | Under general laws of Pennsylvania, Jan. 2, 1886. | Combined Feb. 12, 1886, with 5 to form 4. |
| 7. | The New York, Pittsburgh & Chicago Railway Company (second corporation). | Under general laws of Ohio and Pennsylvania through articles of consolidation; dated June 20, 1881; filed in Ohio July 18, 1881; Pennsylvania Sept. 28, 1881. | Sold at foreclosure Aug. 15, 1885, after receivership begun June 26, 1885. Portion acquired Dec. 24, 1885, by 5 and portion acquired Jan. 22, 1886, by 6. |
| 8. | The New York, Pittsburgh & Chicago Railway Company, (first corporation). | Under general laws of Ohio, Mar. 5, 1881. | Combined June 20, 1881, with 9 and 10 to form 7. |
| 9. | New York, Pittsburgh & Chicago Railway. | Under general laws of Pennsylvania, May 10, 1881. | Combined June 20, 1881, with 8 and 10 to form 7. |
| 10. | The Pittsburgh and Chicago Railway Company. | Under general laws of Pennsylvania, Dec. 7, 1878. | Combined June 20, 1881, with 8 and 9 to form 7. |
| 11. | The Darlington Cannel Coal Railroad Company. | Under special act of Pennsylvania, Mar. 3, 1852. | Sold at foreclosure June 6, 1855, to trustees. Portion acquired June 1, 1886, by 4 and portion acquired June 8, 1907, by 1. |
| 12. | The Shenango & Beaver Valley Railway Company. | Under general laws of Pennsylvania, July 30, 1902. | Combined Nov. 11, 1902, with 2 to form 1. |
- DEVELOPMENT OF FIXED PHYSICAL PROPERTY
The owned mileage of the carrier, amounting to 27.35 miles, was acquired partly by consolidation and partly by purchase. Of the 11 corporations that [...]
- Acquired by consolidation from The Pittsburgh, Lisbon & Western Railroad Company (first corporation), Nov. 11, 1902:
- Constructed by The Pittsburgh, Marion and Chicago Railway Company, Rogers to Lisbon, Ohio, 1886-1887 10.9
- Constructed partly by predecessors and completed by The New York, Pittsburgh & Chicago Railway Company (second corporation), Cannelton Junction, Pa., to Rogers, Ohio, 1881-1885 9.4
- Constructed by The Darlington Cannel Coal Railroad Company, New Galilee to Cannelton Junction, Pa., 1852-1853 4.7
- Constructed by the city of Salem, Ohio, Salem to Washingtonville, Ohio, about 1892 6.766
- 31.766
- Acquired by direct purchase from private parties, constructed by The Darlington Cannel Coal Railroad Company, Cannelton Junction, Pa., to coal mines, 1852-1853 2.35
- Total 34.116
- Less mileage conveyed to The Wheeling and Lake Erie Railway Company, previously acquired from The Pittsburgh, Lisbon & Western Railroad Company (first corporation), as shown above 6.766
- Total recorded mileage owned on date of valuation 27.350
- HISTORY OF CORPORATE FINANCING