Origins
The origins of the Fall River Line can be traced back to Colonel Richard Borden, a businessman from Fall River who had established his fortune in the iron and textile industries. He had operated steamboats between Fall River and Providence as early as 1827. In 1846 Richard Borden completed the Fall River Railroad, which enabled a land route between Fall River and other cities such as Taunton, New Bedford, Providence and Boston. A direct rail line to South Braintree would also be added.
Observing the success of the steamboat line which ran between New York and Stonington, Connecticut, Richard Borden began regular steamboat service between New York City and Fall River in 1847, establishing the Bay State Steamboat Company, with its first steamer, the Bay State. The following year, the Empire State was launched. The Fall River Line was an immediate success. By 1850, it had paid six percent dividends per month, for ten consecutive months. In 1854, the Metropolis was added.
In 1863 the line was sold to the Boston, Newport and New York Steamboat Company, and the railroad was extended between Fall River and Newport, Rhode Island. For a short period after this, the rail connection was made at Newport for the trip to Boston. During this period, the new steamers the Old Colony and the Newport were added to the fleet. This was also a time of increased competition from other steamboat lines to New York City, including the Neptune Line to Providence as well as the Stonington Line. For a short time, Bristol, Rhode Island was also used as the ending point of the boat journey from New York.
In 1867, two new steamers, the Bristol and the Providence, were introduced. Jim Fisk became president of the company, and would declare himself "admiral". In 1869 the line was sold to the Narragansett Steamboat Company. With Fisk still president, he returned the line's terminus to Fall River, where it would remain until the line's demise in 1937, although there were several winters where the connection through Narragansett Bay was not possible due to ice, so Newport was used instead.
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