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Marinette Tomahawk and Western Railroad Co. Faded Glory Shirt

Marinette Tomahawk and Western Railroad Co. Faded Glory Shirt

$22.00

Marinette Tomahawk and Western Railroad Co. Faded Glory Shirt

  • Printed on Front
  • 100% Cotton
  • Shirt Color - Safari Green Port and Co. 100% Cotton

 

The Marinette, Tomahawk & Western Railway Company was incorporated on October 9, 1894, under the general laws of the State of Wisconsin, for the purpose of acquiring and extending the property of the Wisconsin and Chippewa Railway Company. The latter company, which was incorporated on July 29, 1891, under the general laws of the State of Wisconsin, disposed of its property, rights, and franchises by sale to the Marinette, Tomahawk & Western Railway Company on June 30, 1898. On November 21, 1906, a trust deed was entered into between the Marinette, Tomahawk & Western Railway Company, and Edward Bradley and James W. Bradley, as trustees, to whom the property was assigned and by whom it was operated for a stipulated period of three years, or until November 21, 1909. On November 30, 1909, the property passed into the hands of C. H. Grundy, as receiver of the Marinette, Tomahawk & Western Railway Company.

On November 23, 1909, the Bradley Company brought suit against the Marinette, Tomahawk & Western Railway Company because of the indebtedness of the latter to it. On November 30, 1912, the property of the Marinette, Tomahawk & Western Railway Company was purchased by R. B. Twedy in the interests of the Bradley Company, which, on the same date, conveyed the property, rights, and franchises to the carrier. Additional information as to the predecessors of the carrier is given in the accounting report of the carrier.

DEVELOPMENT OF FIXED PHYSICAL PROPERTY
The property owned by the carrier on date of valuation was acquired entirely by purchase and represented the property formerly owned by the Marinette, Tomahawk & Western Railway Company. This property had been acquired by the Marinette, Tomahawk & Western Railway Company as follows:

By purchase:
From the Bradley Company, in 1896—
Tomahawk to Harrison 14
From the Wisconsin and Chippewa Railway Company, in 1898—
Tomahawk to Bradley 6
Jersey City to Spirit Falls 14
Total purchased 34
By construction:
Somo Junction to Wisconsin River Dam, 1904 to 1905 4
Antigo Junction to Grundy Junction 6
Total constructed 10
Total mileage owned at date of demise 44
The accounts of the Chicago, Milwaukee and St. Paul Railway Company record an expenditure of $150,000 covering the acquisition of the Marinette, Tomahawk & Western Railway Company by deed dated September 9, 1903, of 19.25 miles of road, extending from Grundy to McInnes. The accounts of the Marinette, Tomahawk & Western Railway Company do not contain any information as to the sale of this property or as to how it was originally acquired by the Marinette, Tomahawk & Western Railway Company. It has therefore not been included in the foregoing statement of development of fixed physical property.

 


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