Wikipedia:WikiProject Trains/ICC valuations/Valley Railroad (New York)

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The railroad of The Valley Railroad Company, hereinafter called the Valley Railroad, is a double-track line located within the State of New York and extending from the Pennsylvania-New York State line to Binghamton, a distance of 11.089 miles. This road forms a part of the Lackawanna's main line between Hoboken and Buffalo.


The property of the Valley Railroad was operated by the Lackawanna from the spring of 1870, when it was opened for operation, to December 31, 1917, and by the United States Railroad Administration from that date to date of valuation as a part of the operating unit of the Lackawanna.

CORPORATE HISTORY

The Valley Railroad was incorporated March 4, 1869, under the general laws of the State of New York. It was organized April 12, 1869.

DEVELOPMENT OF FIXED PHYSICAL PROPERTY

The owned mileage of the Valley Railroad, amounting to 11.089 miles of main line from the Pennsylvania-New York State line to Binghamton, all in the State of New York, was acquired by construction between April, 1869, and the spring of 1870. The road was built by the Lackawanna for account of the Valley Railroad.

HISTORY OF CORPORATE FINANCING