Jump to content

Wikipedia:WikiProject Trains/ICC valuations/Delaware Valley Railway

From Wikipedia, the free encyclopedia

http://books.google.com/books?id=Sc5DAAAAIAAJ


The railroad of the Delaware Valley Railway Company, hereinafter called the carrier, is a single-track standard-gauge steam railroad, located in northeastern Pennsylvania. The main line extends northeasterly from Stroudsburg to Bushkill, a distance of 11.874 miles. The carrier also owns 0.839 mile of yard tracks and sidings. Its road thus embraces 12.713 miles of all tracks owned and used.


CORPORATE HISTORY

The carrier was incorporated in January, 1904, under the general laws [...]

No. Name Incorporation Succession
1. Delaware Valley Railway Company. Under general laws of Pennsylvania, Jan. 1, 1904.
2. The Delaware Valley Railroad Company. Under general laws of Pennsylvania, Oct. 26, 1899. Sold at sheriff's sale Nov. 10, 1903, and reorganized Jan. 1, 1904 as 1.
3. Delaware Valley, Hudson and Lehigh Railroad Company. Under general laws of Pennsylvania, 1898. Reorganized Oct. 26, 1899, as 2.
4. East Stroudsburg and Matamoras Railroad Company. Under general laws of Pennsylvania. Date of incorporation not obtained. Purchased in 1899 by 3.
5. Delaware Valley Railway Company (first corporation). Under general laws of Pennsylvania. Date of incorporation not obtained. Purchased in 1899 by 3.
DEVELOPMENT OF FIXED PHYSICAL PROPERTY

The owned mileage of the carrier, extending from Stroudsburg to Bushkill, Pa., a distance of 11.874 miles, was acquired from the Delaware Valley Rail Road Company by purchase. The records reviewed indicate that construction of the road was begun by the Delaware Valley, Hudson and Lehigh Railroad Company and was completed by the Delaware Valley Rail Road Company, but the details have not been obtained.

HISTORY OF CORPORATE FINANCING