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Wikipedia:WikiProject Trains/ICC valuations/Kushequa Railroad

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The railroad of the Kushequa Railroad Company, hereinafter called the Kushequa Railroad, is a single-track line extending from Kushequa northeasterly to McKean, Pa., a distance of 7.412 miles.


The property of the Kushequa Railroad has always been operated by the carrier.

CORPORATE HISTORY

The Kushequa Railroad was incorporated May 3, 1898, under the general laws of the State of Pennsylvania. It was organized on the date of incorporation.

DEVELOPMENT OF FIXED PHYSICAL PROPERTY

The owned mileage of the Kushequa Railroad, 7.412 miles, was all acquired by construction, except a small portion used in connection with a wye near Kushequa, by purchase. The years when the various portions of the line were constructed, purchased, or abandoned are indicated in the following statement:

Portions constructed:
Gaffney to Backus, 1898 6.700
Backus to McKean and Farmers Valley, 1899-1900 9.800
Branch lines, 1901-1902 5.750
Total constructed 22.250
Portion purchased [from the Mount Jewett, Kinzua and Riterville Railroad]:
Gaffney to Camp Halsey, 1903 2.500
Total 24.750
Less road abandoned, various portions, 1908 to 1914 17.340
7.410
Difference between total recorded mileage and the mileage inventoried as of date of valuation 0.002
Mileage inventoried as of date of valuation 7.412
HISTORY OF CORPORATE FINANCING