Wikipedia:WikiProject Trains/ICC valuations/Big Fork and Northern Railway
Interstate Commerce Commission, Valuation Reports, Volume 25
Big Fork and Northern Railway
[edit]Location and General Description of Property
[edit]The railroad of the Big Fork and Northern Railway Company, herein called the Big Fork and Northern, which is leased to and operated by the Minnesota and International, is a single-track, standard-gauge, steam railroad, extending from Northome to Grand Falls, Minn., a distance of 31.611 miles. The Big Fork and Northern also owns yard and sidetracks as shown in the trackage table in Appendix 1.
Introductory
[edit]The Big Fork and Northern is a corporation of the State of Minnesota, having its principal office at St. Paul, Minn. It is controlled by the Minnesota and International through ownership of its entire outstanding capital stock. On the other hand, the records do not indicate that this company, itself, controls any carrier corporation. The property of the Big Fork and Northern has always been operated by the Minnesota and International.
Corporate History
[edit]The Big Fork and Northern was incorporated February 20, 1905, under the general laws of the State of Minnesota, for the purpose of constructing and operating a railway from Northome to Koochiching, Minn. The date of organization of the Big Fork and Northern was March 3, 1905.
Development of Fixed Physical Property
[edit]The owned mileage of the Big Fork and Northern, extending from Northome to Great Falls, Minn., a distance of 31.611 miles, was constructed during the period from March 1, 1905, to December, 1905. Grading, bridging, and tracklaying were done under contract by A. Guthrie & Company, contractors, of St. Paul, Minn.
Leased Railway Property
[edit]The entire property of the Big Fork and Northern is leased to the Minnesota and International for an indefinite period from December 18, 1905. The terms of the lease are given in the chapter on leased railway property in the report on the Minnesota and International.