Jump to content

Wikipedia:WikiProject Trains/ICC valuations/Somerset Coal Railway

From Wikipedia, the free encyclopedia

http://books.google.com/books?id=y-F1VRbNq74C


The railroad of the Somerset Coal Railway Company, herein called the Somerset Coal Railway, is a single-track detached branch line, located in Pennsylvania, extending from Coal Junction to Gray and Mine 125, aggregating 4.244 miles of road.


CORPORATE HISTORY

The Somerset Coal Railway was incorporated June 1, 1915, under the general laws of Pennsylvania, for the purpose of building a railroad from a point on the Quemahoning Branch Railroad, a part of The Baltimore and Ohio Rail Road Company's operated system, in a general southwesterly direction for about 7 miles, all in Somerset County, Pa. The company was organized on January 21, 1916.

DEVELOPMENT OF FIXED PHYSICAL PROPERTY

Of the mileage owned by the Somerset Coal Railway, 2.20 miles extending from Coal Junction to Gray was purchased from the Consolidation Coal Company on September 25, 1915, and the remainder, from a point on the purchased road to Bell, was built between December, 1915, and March, 1917.

HISTORY OF CORPORATE FINANCING