Wikipedia:WikiProject Trains/ICC valuations/Kansas Southwestern Railway
Interstate Commerce Commission, Valuation Reports, Volume 116
The Kansas Southwestern Railway
[edit]Location and general description of property
[edit]The railroad of The Kansas Southwestern Railway Company, hereinafter called the carrier, is a single-track standard-gauge steam railroad, extending from Arkansas City, Kans., to Anthony, Kans., a distance of 59.298 miles. The carrier also owns yard and side tracks totaling 6.198 miles. Its road thus embraces 65.496 miles of all tracks owned.
Introductory
[edit]The carrier is a corporation of the State of Kansas, having its principal office at Topeka, Kans. It is controlled by The Atchison, Topeka and Santa Fe Railway Company. The property of the carrier has been operated by its own organization during its entire life.
Corporate History
[edit]The carrier was incorporated under the general laws of Kansas on October 24, 1901, for a period of 900 years, for the purpose of acquiring and operating the railroad and telegraph line formerly owned by The St. Louis, Kansas and Southwestern Railroad Company, details regarding which company are given in the paragraphs of this report devoted to that company.
Development of Fixed Physical Property
[edit]All of the 59.298 miles of road owned by the carrier on date of valuation was acquired through purchase from John Penman, of Paris, Ontario, Canada, who had previously purchased the same under foreclosure from The St. Louis, Kansas and Southwestern Railroad Company, which company constructed the line in 1885-1886.
Leased Railway Property
[edit]The carrier uses on date of valuation facilities owned by other companies and other companies use facilities owned by the carrier to the extent indicated in the statement below. The description of the property, the period and terms of use, and the rentals accrued and charged or credited to income for the year ending on date of valuation, are as follows:
| [Description] | Rentals |
|---|---|
| Solely owned, but jointly used, used with — | |
| The Chicago, Rock Island and Pacific Railway Company, tracks, 24 miles, from Caldwell to Anthony, Kans.; for the use of the tracks the carrier received a lump sum of $4,095, plus a proportion of revenue derived from tickets and excess-baggage checks on The Chicago, Rock Island and Pacific Railway Company trains on the Kansas Southwestern's tracks. | $5,915.10 |
| The Atchison, Topeka and Santa Fe Railway Company, tracks at Anthony, Kans., including wye. | 243.61 |
| Jointly used but not owned, owned by — | |
| St. Louis and San Francisco Railroad Company, station facilities at Arkansas City, Kans., including 0.35 mile of track across Arkansas River bridge; proportion of the operating expenses borne by the carrier. | 210.00 |
| The Chicago, Rock Island and Pacific Railway Company, station facilities at Caldwell, Kans., including 0.90 mile of track between Caldwell and Caldwell Junction, Kans.; proportion of the operating expenses borne by the carrier. | 120.00 |