词条 | Michigan and Ohio Railroad |
释义 |
The Michigan and Ohio Railroad is a defunct railroad which operated in southern Michigan in the mid-1880s. Originally intended to forge a new line from Lake Erie to Lake Michigan, it came close to its goal, completing a line between Allegan and Dundee before financial embarrassment landed it in receivership. Corporate historyThe company incorporated on June 25, 1883, to consolidate the Toledo & Michigan, an Ohio company, and the Toledo & Milwaukee. The company filed articles on October 9, 1883 and began operations November 29.[1]{{rp|417}} Beset by financial difficulties, the company went into receivership almost immediately; the Cincinnati, Jackson & Mackinaw (CJ&MK) bought the company on March 25, 1887.{{rp|108}} Discussing the liabilities assumed by the CJ&MK in acquiring the M&O and other companies, Michigan's railroad commissioner wrote that: "...a sum so largely in excess of the real value of the property as to suggest unfavorable comment upon the policy of loading down a new enterprise with liabilities that cannot fail to seriously impair the financial standing of the corporation."[3]{{rp|iv}} Michigan operationsFrom the Toledo & Milwaukee the M&O inherited {{convert|11.5|mi|km}} of track in revenue service between Allegan and Montieth, where the tracks crossed those of the Grand Rapids & Indiana, and a completed-but-not-operational stretch {{convert|121.7|mi|km}} in length east from Montieth through Battle Creek and Marshall to Dundee, in Monroe County.[4]{{rp|241}} The M&O promptly opened this new section opened on November 29, 1883. The Toledo & Milwaukee had also leased the tracks of the Toledo, Ann Arbor & Grand Trunk, which ran south from Dundee to Toledo, Ohio, the company no longer having the funds to complete its own line.[1]{{rp|422–423}}[4]{{rp|241}}[7]{{rp|170–171}} The M&O continued this leasing arrangement; in 1884, when the TAA> merged into the Toledo, Ann Arbor & North Michigan, the M&O continued to lease the Dundee–Toledo line from the new company, although the last two miles from Manhattan Junction to Toledo proper were leased from a new concern, the Wheeling and Lake Erie Railroad.{{rp|145–146}}[9]{{rp|372–373}} References1. ^1 {{Meints-Lines}} [1][2][3][4][5]2. ^1 2 {{Michigan Railroad Commission|year=1884}} 3. ^1 {{Michigan Railroad Commission|year=1887}} 4. ^1 {{Michigan Railroad Commission|year=1888}} 5. ^1 2 {{cite book| title=History of Monroe County, Michigan | first=Talcott Enoch | last=Wing |author2=Helen Weightman Gay | year=1890 | publisher=Munsell & Company | location=New York | url=https://books.google.com/books?id=UJEPx_u92h8C | oclc=81710795}} }}{{DEFAULTSORT:Michigan Ohio Railroad}} 5 : Railway companies established in 1883|Railway companies disestablished in 1887|Defunct Michigan railroads|Predecessors of the New York Central Railroad|Defunct Ohio railroads |
随便看 |
|
开放百科全书收录14589846条英语、德语、日语等多语种百科知识,基本涵盖了大多数领域的百科知识,是一部内容自由、开放的电子版国际百科全书。