Wikipedia:WikiProject Trains/ICC valuations/Cache Valley Railroad

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The railroad of the Cache Valley Railroad Company, hereinafter called the carrier, is a single-track standard-gauge steam railroad, extending from Sedgwick, to Light, Ark., a distance of 9.596 miles. The carrier also owns 1.992 miles of yard tracks and sidings. Its road thus embraces 11.588 miles of all tracks owned.

CORPORATE HISTORY

The carrier was incorporated May 9, 1902, under the general laws of the State of Arkansas, for the purpose of acquiring the property, rights, and franchises of the Black and Cache River Railroad Company. Pursuant to the above purpose the carrier acquired the property, rights, and franchises of the Black and Cache River Railroad Company at receiver's sale in May, 1902, the exact date of which was not determined. The Black and Cache River Railroad Company was incorporated in the State of Arkansas about 1882 the exact date of which was not determined.

DEVELOPMETN OF FIXED PHYSICAL PROPERTY

The owned mileage of the carrier, extending from Sedgwick to Light, Ark., a distance of 9.596 miles, was all acquired by purchase through foreclosure sale of the Black and Cache River Railroad Company. The records reviewed indicate that the road was constructed about 1882 as a narrow-gauge logging road, and, with its branch lines, aggregated about 25 miles. The line was changed to standard gauge between Sedgwick and Light, Ark., about 1904, and the remainder of the line abandoned.

HISTORY OF CORPORATE FINANCING