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Company History of the Rahway Valley Railroad | ||||||||
For being
such a short rail
line the Rahway Valley Railroad had quite an interesting way in which it
financially and corporately operated. The earliest company history of the Rahway
Valley Railroad can be traced to the New York
& New Orange Railroad which was incorporated on June 9, 1897.
That company fell under foreclosure and was sold to the quickly organized
New Orange Four Junction Railroad in
1901. The
Rahway Valley Railroad Company was
formed on July 18, 1904 and on March 1, 1905 it was consolidated with the
New Orange Four Junction Railroad to
form the Rahway Valley Railroad
Company. In 1909
another corporation was formed, the Rahway
Valley Company, Lessee, to lease and operate the railroad which
was owned by the Rahway Valley Railroad Company .
In 1914 another corporation was formed, the Rahway Valley Line, which built and owned
the branch line to Maplewood. This company was also leased and operated by
the lessee. This system of one company leasing and operating the other two
stood in place for 72 years. The majority of the stock in all three
companies was all held by the Keller
Family
. These three
corporations were all sold to the Delaware
Otsego Corporation in 1986.
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NEW YORK & NEW ORANGE RAILROAD: 1897-1901 | ||||||||
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NEW ORANGE FOUR JUNCTION RAILROAD: 1901-1905 | ||||||||
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CROSS-COUNTRY RAILROAD: 1902-1904 | ||||||||
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RAHWAY VALLEY RAILROAD: 1904-1986 | ||||||||
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BALTUSROL RAILROAD: 1907 | ||||||||
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RAHWAY VALLEY COMPANY, LESSEE: 1909-1986 | ||||||||
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RAHWAY VALLEY LINE: 1914-1986 | ||||||||
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COMPANY FLOW CHART | ||||||||
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Leases
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